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The Entropy Law and the Economic Process - Hardcover

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9780674257801: The Entropy Law and the Economic Process

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"Every few generations a great seminal book comes along that challenges economic analysis and through its findings alters men's 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 suprising 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

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Georgescu-Roegen, Nicholas:
Published by Cambridge , Harvard Univ Press, 1976
ISBN 10: 0674257804 ISBN 13: 9780674257801
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Seller: Antiquariat Bookfarm, Löbnitz, Germany

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Softcover. Ex-library with stamp and library-signature. GOOD condition, some traces of use. Ancien Exemplaire de bibliothèque avec signature et cachet. BON état, quelques traces d'usure. Ehem. Bibliotheksexemplar mit Signatur und Stempel. GUTER Zustand, ein paar Gebrauchsspuren. 90 GEO 9780674257801 Sprache: Englisch Gewicht in Gramm: 1150. Seller Inventory # 2499663

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Georgescu-Roegen, Nicolas
Published by Harvard University Press, 1971
ISBN 10: 0674257804 ISBN 13: 9780674257801
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Hardcover. Condition: Acceptable. Acceptable. SHIPS FROM MULTIPLE LOCATIONS. book. Seller Inventory # D8S0-3-M-0674257804-3

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GEORGESCU-ROEGEN, Nicholas (1906-1994):
ISBN 10: 0674257804 ISBN 13: 9780674257801
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Seller: Ted Kottler, Bookseller, Redondo Beach, CA, U.S.A.

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Hardcover. Condition: Near Fine. Dust Jacket Condition: Very Good. 1st Edition. First Edition. xv, 1 leaf, 457 pp. Original cloth. Near Fine, in very good dust jacket. '. . . His ideas were further developed and consolidated in his magnum opus, The Entropy Law and the Economic Process (1971). Georgescu-Roegen's claims, among others, were that an economy faces limits to growth, for which he invoked the Second Law of Thermodynamics ('useful energy gets dissipated'). Although generally ignored by mainstream economics, he was hailed by the fledlging environmental movement and, until the end of his life, never ceased to speak out on his ideas for a new approach to economic theory. Today, his work is gaining influence, and his insights are being grafted into the new field of evolutionary economics' (History of Economic Thought Web site). Seller Inventory # 10868

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