Gary Flomenhoft: Integrated Financial Bio-Physical Model. A presentation at the TheIU.org 2013 Conference 'Economics for Conscious Evolution', London, UK, July 2013.

1. !"#$%&'#$()*+"'",+'-./+01234+,'-)50($-)67+&,8-'&)90:;))
1$&1$#8'-)<0=0"))
*+"'",+'-)<0($-4)
/+01234+,'-)50($-4)
!"#$%&'%(
)%*+,-%.*/+(
0%**(
6>?@)ABC@D;)
EFG)7'1+#'-)H'+"4I)$%1/2(%$(345(6%7&*+(8/&/9:&;($</(-=>?(@-7&%&A/B(=&#C.%&A/B(>/%*(?#$%$/D(#/A$".E(
F%7*"C$(;7G/&(H</&($</+(A"**%I#/($</(/A"&"6+E((J"("&/(7&27A$/2E(
D0-8=0"I)>'J)8"$'&"$()+",0<$)$K8'-)#0)$'&"$()+",0<$)0&)#'J)&$"#)+"4#$'()
ELG)!"#$&$4#I)K"I(3L5(;%7&("&(7&$/./#$B(8"M"6(NL5(*"#/E((O*6"#$(%**(6"&/+(A./%$/2((
8+(8%&P#(%#(7&$/./#$(8/%.7&;(*"%&#($<."C;<(Q.%AR"&%*(./#/.G/#B(#"(/&R./(6"&/+(
#CII*+((QC&&/*#(H/%*$<($"($</($"IE()/8$(S"&/+(%*#"(A./%$/#(%(T>UVK0(=SW?>OK=X?E(
D0-8=0"I)FMMN)A$4$&O$)A$K8+&$<$"#4P)Q8R-+,)R'"S4)'"()<0"$3T)
EUG)C'"()A$"#I)Y"A7%**+(A./%$/2(*%&2(G%*C/#(%AA.C/($"(*%&2"H&/.#E((S"#$("Q((
./%*(/#$%$/(/ZC7$+(</*2(8+(8%&P#E(([%&2"H&/.#(I%+(67&76%*(*%&2($%1("Q(]E45E(((
[%&2(./&$(%8#".8#(6"#$("Q(#"A7%*(#C.I*C#(2.7G7&;(H%;/#($"(#C8#7#$/&A/E((S/27%&((
=&A"6/(6CA<(*/##($<%&(&//2/2(Q".(6/27%&(<"C#/(6".$;%;/(I%+6/&$(".(6/27%&((
./&$(7&(6%&+(I*%A/#E(D0-8=0"I)C'"()O'-8$)#'J'=0"P)70<<0")V44$#W-'"()>&84#4)
EXG)Y'%$4I)[%8".(;"$(&"$<7&;(Q."6(7&A./%#/2(I."2CARG7$+(%^/.(3N_4E(((
>/%*(V%;/#(./6%7&/2(A"&#$%&$(Q."6(3N_4("&E((W."2CARG7$+(;%7&#(%**(H/&$(
$"(./&$B(7&$/./#$B(%&2(I."9$E(D0-8=0"I)Y'%$4)Z)Q&0(8,=O+#3P)/'4+,)!",0<$P))
Y0&S$&)0:"$&42+1W,0014P)&$1$'-)7+=[$"4)B"+#$()
E]G)Q&0^#)O4)!",0<$I)FC#7&/##(7#($%1/2("&(J?K(7&A"6/B(H<7*/(7&27G72C%*#((
%./($%1/2("&(T>UYY(7&A"6/E((S%&+(A".I".%R"&#("`#<"./($</7.(7&A"6/B(I%+(&"((
$%1/#B(".(;/$(%(./QC&2E((F"$<(%./(I/.#"&#a(?ZC%*(I."$/AR"&(G7"*%R"&b(
D0-8=0"I)>'J)1$&40"'-)'"()R84+"$44)+",0<$)#2$)4'<$P)2+%2$&)($(8,#'R-$)_0&)1$&40"'-)+",0<$)#'JT))
D#()`$(8,=0")+")FaFU)Z)baUPMMM)+")&$'-)bT))!",0<$)#'J):'4)($4+%"$()_0&)8"$'&"$()+",0<$T)
@Y"C.A/a(S7A<%/*(0C2#"&D(
>c>/7&Q".A7&;([""I(8/&/9$#($"I(3L5(
Y"C.A/a().E(S%.;.7$(d/&&/2+(
@Y"C.A/a(!%I7$%*7#6(07$#($</(-%&a(>7A<%.2(V"*`(
?#A%I7&;($</(W"*%&+7(S%$.71a(S"&/+B([%&2B([%8".(%#(Q%*#/(A"66"27R/#(
W"#$/.(8+a(T%.+(-*"6/&<"^B(-/**"H(TC&2(=&#R$C$/(
e3_(S%7&(Y$EB(FC.*7&;$"&B(XK(L4fL3(
gL]e4e]NNeB((;%.+Eh"iCG6E/2C(