Yang, Charles X.: Natural Cybernetic Economics Theory (NCET): Beyond Smith, Hayek, Marx, and Keynes

This paper proposes the Natural Cybernetic Economics Theory (NCET), attempting to construct a unified analytical framework oriented toward complex systems and cybernetics, built upon the four major traditional economic theories—Adam Smith’s theory of market order, Friedrich Hayek’s theory of dispersed information, Karl Marx’s theory of capital structure, and John Maynard Keynes’ macroeconomic regulation theory. This paper argues that the essence of modern economic systems is no longer a problem