Download or read book The Entropy Law and the Economic Process written by Nicholas Georgescu-Roegen and published by Cambridge, Mass. : Harvard University Press. This book was released on 1971 with total page 488 pages. Available in PDF, EPUB and Kindle. Book excerpt: In the ultimate analysis man struggles for low entropy, and economic scarcity is the reflection of the Entropy Law, which is the most economic in nature of all natural laws. Thermodynamics itself is presented by the author as the physics of economic value and mans economic activity as analogous (though not identical) to that of the purposive sorting of the famous Maxwellian demon. Economic activity is in fact an extension and a complement of mans biological evolution. In it, man can use exosomatic organs, i.e., organs with which he is not endowed biologically but which have evolved through a process of mutation, selection, and diffusion similar to that of biological evolution. For wherever there is evolution, the author argues, there is the work of the Entropy Law with its irrevocable qualitative Change. This point leads the author to an extensive examination of the limitations of arithmomorphic models in all sciences. He argues that no complete description of reality, no philosophical argument (not even that of the ultrapositivists), no creative thought can dispense with dialectical concepts and reasoning, which he views somewhat differently from Hegel. The tight-knit excursus ends with an analysis of some general economic issues, from that of the analytical representation of a process to that of social conflict. The author argues that, because of the very nature of exosomatic evolution, the social conflict will last under any regime as long as there is a human society. -- Publisher's description.
Download or read book The Entropy Law and the Economic Process Nicholas Georgescu Roegen written by Nicholas Georgescu-Roegen and published by . This book was released on 1971 with total page 475 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book THE ENTROPY LAW AND THE ECONOMIC PROCESS BY NICHOLAS GEORGESCU ROEGEN written by Nicholas Georgescu-Roegen and published by . This book was released on 1974 with total page 472 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Energy and Economic Myths written by Nicholas Georgescu-Roegen and published by Elsevier. This book was released on 2014-05-18 with total page 409 pages. Available in PDF, EPUB and Kindle. Book excerpt: Energy and Economic Myths: Institutional and Analytical Economic Essays is a collection of materials that deal with various issues and concerns in economics. The title aims to clarify the misconception in economics. The first part of the text deals with the issues in natural resources and the economics of production. Next, the selection tackles the problems in institutional economics. Part III covers the epistemological and methodological concerns in economics. The title also talks about economic theories. The book will be of great interest to economists and readers who want to enhance their understanding of economic concepts.
Download or read book The Second Law of Economics written by Reiner Kümmel and published by Springer Science & Business Media. This book was released on 2011-06-24 with total page 309 pages. Available in PDF, EPUB and Kindle. Book excerpt: Nothing happens in the world without energy conversion and entropy production. These fundamental natural laws are familiar to most of us when applied to the evolution of stars, biological processes, or the working of an internal combustion engine, but what about industrial economies and wealth production, or their constant companion, pollution? Does economics conform to the First and the Second Law of Thermodynamics? In this important book, Reiner Kümmel takes us on a fascinating tour of these laws and their influence on natural, technological, and social evolution. Analyzing economic growth in Germany, Japan, and the United States in light of technological constraints on capital, labor, and energy, Professor Kümmel upends conventional economic wisdom by showing that the productive power of energy far outweighs its small share of costs, while for labor just the opposite is true. Wealth creation by energy conversion is accompanied and limited by polluting emissions that are coupled to entropy production. These facts constitute the Second Law of Economics. They take on unprecedented importance in a world that is facing peak oil, debt-driven economic turmoil, and threats from pollution and climate change. They complement the First Law of Economics: Wealth is allocated on markets, and the legal framework determines the outcome. By applying the First and Second Law we understand the true origins of wealth production, the issues that imperil the goal of sustainable development, and the technological options that are compatible both with this goal and with natural laws. The critical role of energy and entropy in the productive sectors of the economy must be realized if we are to create a road map that avoids a Dark Age of shrinking natural resources, environmental degradation, and increasing social tensions.
Download or read book Economics Entropy and the Environment written by Thomas Randolph Beard and published by Edward Elgar Publishing. This book was released on 1999 with total page 176 pages. Available in PDF, EPUB and Kindle. Book excerpt: Offers a critical review of the work of Nicholas Georgescu-Roegen in conventional economics, environmental economics, and methodology. Presents a brief biographical sketch, then reviews his methodology and evaluates his contributions to the field. Particular attention is paid to the role of thermodynamics in his economics, with an economist's primer on thermodynamics and description of the role thermodynamics plays in his work. A final chapter describes bioeconomics as a way to integrate many of his views. Beard teaches economics at Auburn University. Lozada teaches economics at the University of Utah. Annotation copyrighted by Book News, Inc., Portland, OR
Download or read book Developments in the Design of Thermal Systems written by Robert F. Boehm and published by Cambridge University Press. This book was released on 2005-09-15 with total page 308 pages. Available in PDF, EPUB and Kindle. Book excerpt: As the cost and complexity of designing thermal systems have increased, the need to understand and improve the design process has also grown. This book describes recent progress. The book begins with a brief history and outline of developments in thermal system design. Chapters then discuss computer design tools for the power and chemical industries, predicting physical properties with computational tools, "pinch analysis" to improve thermal efficiency, applications of the energy concept, thermoeconomics, and the potential for artificial intelligence and expert systems in the design of thermal systems. With chapters written by internationally recognized authorities, the book offers a state-of-the-art review for both researchers and practitioners in mechanical, aerospace, chemical, and power engineering.
Download or read book From Bioeconomics to Degrowth written by Nicolas Georgescu-Roegen and published by Taylor & Francis. This book was released on 2011-03-28 with total page 294 pages. Available in PDF, EPUB and Kindle. Book excerpt: Nicolae Georgescu-Roegen (1906-1994) is considered today as perhaps the chief founder of the transdisciplinary field today known as Ecological Economics, but that he defined himself as Bioeconomics. In his later years Georgescu-Roegen intended to write a book of this title that would systematize what he considered to be the most significant results of his work. This project intends to resume this project, publishing a collection of the most relevant Georgescu-Roegen essays on Bioeconomics, including previously unpublished papers.
Download or read book Entropy and Bioeconomics written by Iosif Constantin Drăgan and published by . This book was released on 1986 with total page 248 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Economics and Thermodynamics written by Peter Burley and published by Springer Science & Business Media. This book was released on 2013-03-09 with total page 260 pages. Available in PDF, EPUB and Kindle. Book excerpt: Over the past two decades we have witnessed something of a revolution in the natural sciences as thermodynamic thinking evolved from an equilibrium, or 'classical', perspective, to a nonequilibrium, or 'self organisational' one. In this transition, thermodynamics has been applied in new ways and in new fields of inquiry. Chemical and biological (evolutionary) processes have been analysed, increasingly, in non equilibrium thermodynamical terms. Economics has, since the late 19th century, relied heavily upon metaphors and analogies derived from the natural sciences - mechanical analogies cast in terms of traditional Newtonian physics and expressed in terms of Cartesian logic have been especially popular. Thermodynamics, on the other hand, has been less popular, despite its early application in economics by Stanley Jevons, the father of modern notions of utility maximisation in neoclassical economics, and despite its promotion in economic contexts by Paul Samuelson, the author of the definitive treatise upon which post war neoclassical economic theory was based, namely, his Foundations of Economic Analysis. The general neglect of thermodynamic thinking in economics was brought to our attention by Nicholas Georgescu-Roegen in the late 1960s, by which time economic theory, evidenced in, for example, the Arrow Debreu general eqUilibrium system, had become so sophisticated that it could not be penetrated by thermodynamical ideas. To Georgescu Roegen, this presented something of a crisis in economics because neglect of thermodynamics led, in his view, to blindness amongst economists to an economy/environment problem in the global economy.
Download or read book The Physical Foundation of Economics written by Jing Chen and published by World Scientific. This book was released on 2005 with total page 147 pages. Available in PDF, EPUB and Kindle. Book excerpt: All human activities, including mental activities, are governed by physical laws and are essentially thermodynamic processes. However, current economic theories are not established on these foundations. This pioneering book seeks to develop an analytical theory of economics on the foundation of thermodynamic laws. A unified understanding of economic and social phenomena is presented, an understanding that is much simpler than what mainstream economic theory has to offer. Its aim is to revolutionize thinking in economics and transform social sciences into an integral part of the physical and biological sciences.
Download or read book The Entropy Law and the Economic Proses written by Nicholas Georgescu-Roegen and published by . This book was released on 1971 with total page 457 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Entropy and Entropy Generation written by J.S. Shiner and published by Springer Science & Business Media. This book was released on 2005-11-30 with total page 253 pages. Available in PDF, EPUB and Kindle. Book excerpt: Entropy and entropy generation play essential roles in our understanding of many diverse phenomena ranging from cosmology to biology. Their importance is manifest in areas of immediate practical interest such as the provision of global energy as well as in others of a more fundamental flavour such as the source of order and complexity in nature. They also form the basis of most modern formulations of both equilibrium and nonequilibrium thermodynamics. Today much progress is being made in our understanding of entropy and entropy generation in both fundamental aspects and application to concrete problems. The purpose of this volume is to present some of these recent and important results in a manner that not only appeals to the entropy specialist but also makes them accessible to the nonspecialist looking for an overview of the field. This book contains fourteen contributions by leading scientists in their fields. The content covers such topics as quantum thermodynamics, nonlinear processes, gravitational and irreversible thermodynamics, the thermodynamics of Taylor dispersion, higher order transport, the mesoscopic theory of liquid crystals, simulated annealing, information and biological aspects, global energy, photovoltaics, heat and mass transport and nonlinear electrochemical systems. Audience: This work will be of value to physicists, chemists, biologists and engineers interested in the theory and applications of entropy and its generation.
Download or read book Thermodynamics and the Destruction of Resources written by Bhavik R. Bakshi and published by Cambridge University Press. This book was released on 2011-04-11 with total page 523 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book is a unique, multidisciplinary effort to apply rigorous thermodynamics fundamentals, a disciplined scholarly approach, to problems of sustainability, energy, and resource uses. Applying thermodynamic thinking to problems of sustainable behavior is a significant advantage in bringing order to ill-defined questions with a great variety of proposed solutions, some of which are more destructive than the original problem. The articles are pitched at a level accessible to advanced undergraduates and graduate students in courses on sustainability, sustainable engineering, industrial ecology, sustainable manufacturing, and green engineering. The timeliness of the topic, and the urgent need for solutions make this book attractive to general readers and specialist researchers as well. Top international figures from many disciplines, including engineers, ecologists, economists, physicists, chemists, policy experts and industrial ecologists among others make up the impressive list of contributors.
Download or read book The Origins of Ecological Economics written by Kozo Mayumi and published by Routledge. This book was released on 2001-07-26 with total page 174 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book connects Georgescu-Roegen's earlier work such as consumer choice theory and a critique of Leontief's dynamic model, with his later ambitious attempt to reformulate the economic process as 'bioeconomics'.
Download or read book The Upcycle written by William McDonough and published by Macmillan. This book was released on 2013-04-16 with total page 258 pages. Available in PDF, EPUB and Kindle. Book excerpt: From the authors "Cradle to Cradle," the next step, in how society must change the way it uses resources. Drawing on the lessons gained from 10 years of using the cradle-to-cradle concept, McDonough and Braungart envision the next step in the solution to our ecological crisis.
Download or read book More Heat Than Light written by Philip Mirowski and published by Cambridge University Press. This book was released on 1991-11-29 with total page 468 pages. Available in PDF, EPUB and Kindle. Book excerpt: The development of the energy concept in Western physics and its subsequent effect on the emergence of neoclassical economics are traced to reveal how economics has sought to emulate physics, especially with regard to the theory of value.
