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Author Georgescu-Roegen, Nicholas.

Title The entropy law and the economic process / Nicholas Georgescu-Roegen.

Imprint New York : ToExcel; Cambridge, MA; London, UK : Harvard University Press 1999.

Copies

Location Call No. OPAC Message Status
 Axe 3rd Floor Stacks  330 G295e 1999    ---  Available
Description xv, 457 p. ; 23 cm.
Bibliography Includes bibliographical references and index.
Contents Introduction. I. Science: a brief evolutionary analysis --- II. Science: arithmomorphism, and dialectics --- III. Change, quality and thought --- IV. Measure, size, and sameness: some object lessons from physics --- V. Novelty, evolution, and entropy: more object lessons from physics --- VI. Entropy, order, and probability --- VII. Chance, cause, and purpose --- VIII. Evolution versus locomotion --- IX. The analytical representation of process and the economics of production --- X. entropy, value, and development --- XI. The economics science: some general conclusions --- Appendixes.
Summary ""Every few generations a great seminal book comes along that challenges economic analysis and through its findings alters thinking and the course of societal change. This is such a book, yet it is more. It is a "poetic" philosophy, mathematics, and science of economics. It is the quintessence of the thought that has been focused on the economic reality. Henceforce all economists must take these conclusions into account lest their analyses and scholarship be found wanting. "The entropy of the physical universe increases constantly because there is a continuous and irrevocable qualitative degradation of order into chaos. The entropic nature of the economic process, which degrades natural resources and pollutes the environment, constitutes the present danger. The earth is entropically winding down naturally, and economic advance is accelerating the process. Man must learn to ration the meager resources he has so profligately squandered if he is to survive in the long run when the entropic degradation of the sun will be the crucial factor, "for surprising as it may seem, the entire stock of natural resources is not worth more than a few days of sunlight!" Georgescu-Rogen has written our generation's classic in the field of economics."-- Library Journal." -- from back cover.
Subject Economics.
Entropy.
ISBN 1583486003 (pbk.)
9781583486009 (pbk.)
Standard No. AU@ 000027213034

 
    
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