The Entropy Law and the Economic Process
E482427
The Entropy Law and the Economic Process is a foundational work in ecological economics that applies the concept of entropy from thermodynamics to critique conventional economic theory and highlight the physical limits to economic growth.
All labels observed (1)
| Label | Occurrences |
|---|---|
| The Entropy Law and the Economic Process canonical | 1 |
How this entity was disambiguated
This entity first appeared as the object of triple T4958721 — resolving that mention is where its identity was fixed. The disambiguator weighed these candidate entities and picked the highlighted one (or “None”, minting a new entity). This is how homonymy is resolved: the same surface form can point to different entities.
Target entity: The Entropy Law and the Economic Process Context triple: [Nicholas Georgescu-Roegen, notableWork, The Entropy Law and the Economic Process]
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A.
The Scope and Method of Economic Science
The Scope and Method of Economic Science is a foundational work in economic methodology that examines the proper aims, limits, and scientific status of economics as a discipline.
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B.
A Theory of Economic History
A Theory of Economic History is an influential work by economist John R. Hicks that applies economic theory to interpret and explain long-term historical development and institutional change.
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C.
Risk, Uncertainty and Profit
Risk, Uncertainty and Profit is a foundational 1921 work in economics that distinguishes measurable risk from unmeasurable uncertainty and links entrepreneurial profit to bearing such uncertainty.
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D.
The Positive Theory of Capital
The Positive Theory of Capital is a foundational work in Austrian economics that systematically analyzes the nature of capital, interest, and time preference in the production process.
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E.
Epistemological Problems of Economics
Epistemological Problems of Economics is a work by Ludwig von Mises that examines the philosophical foundations and methodological principles underlying economic science, particularly within the Austrian School tradition.
- F. None of above. chosen
- G. Unsure - the case is ambiguous/there is not enough information to decide.
Target entity: The Entropy Law and the Economic Process Target entity description: The Entropy Law and the Economic Process is a foundational work in ecological economics that applies the concept of entropy from thermodynamics to critique conventional economic theory and highlight the physical limits to economic growth.
-
A.
The Scope and Method of Economic Science
The Scope and Method of Economic Science is a foundational work in economic methodology that examines the proper aims, limits, and scientific status of economics as a discipline.
-
B.
A Theory of Economic History
A Theory of Economic History is an influential work by economist John R. Hicks that applies economic theory to interpret and explain long-term historical development and institutional change.
-
C.
Risk, Uncertainty and Profit
Risk, Uncertainty and Profit is a foundational 1921 work in economics that distinguishes measurable risk from unmeasurable uncertainty and links entrepreneurial profit to bearing such uncertainty.
-
D.
The Positive Theory of Capital
The Positive Theory of Capital is a foundational work in Austrian economics that systematically analyzes the nature of capital, interest, and time preference in the production process.
-
E.
Epistemological Problems of Economics
Epistemological Problems of Economics is a work by Ludwig von Mises that examines the philosophical foundations and methodological principles underlying economic science, particularly within the Austrian School tradition.
- F. None of above. chosen
Statements (44)
| Predicate | Object |
|---|---|
| instanceOf |
book
ⓘ
non-fiction book ⓘ work of ecological economics ⓘ |
| academicDiscipline |
environmental economics
ⓘ
heterodox economics ⓘ philosophy of economics ⓘ |
| appliesConcept |
entropy law
ⓘ
second law of thermodynamics ⓘ |
| argues |
economic activity transforms low-entropy resources into high-entropy waste
ⓘ
economic growth is constrained by physical limits ⓘ economic process is entropic and irreversible ⓘ |
| author | Nicholas Georgescu-Roegen NERFINISHED ⓘ |
| countryOfPublication |
United States of America
ⓘ
surface form:
United States
|
| criticizes | mechanistic and reversible models of the economy ⓘ |
| critiques |
conventional economic theory
ⓘ
neoclassical economics ⓘ |
| emphasizes |
biophysical limits to the economy
ⓘ
finite nature of natural resources ⓘ irreversibility of economic processes ⓘ |
| field |
economics
ⓘ
environmental studies ⓘ thermodynamics in social sciences ⓘ |
| hasKeyConcept |
bioeconomic limits
ⓘ
high-entropy waste ⓘ low-entropy resources ⓘ material and energy throughput ⓘ |
| hasReputationAs | foundational work in ecological economics ⓘ |
| impact |
inspired later ecological economists
ⓘ
shaped sustainability debates in economics ⓘ |
| influenced |
degrowth discourse
ⓘ
development of ecological economics ⓘ thermodynamic approaches to economics ⓘ |
| introducesConcept | bioeconomic paradigm ⓘ |
| language | English ⓘ |
| mainSubject |
ecological economics
ⓘ
economic theory ⓘ entropy ⓘ limits to economic growth ⓘ thermodynamics and economics ⓘ |
| proposes | integration of physical laws into economic analysis ⓘ |
| publicationYear | 1971 ⓘ |
| publisher | Harvard University Press NERFINISHED ⓘ |
| questions | possibility of indefinite economic growth ⓘ |
| relatedWorkOfAuthor | Nicholas Georgescu-Roegen NERFINISHED ⓘ |
How these facts were elicited
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Subject: The Entropy Law and the Economic Process Description of subject: The Entropy Law and the Economic Process is a foundational work in ecological economics that applies the concept of entropy from thermodynamics to critique conventional economic theory and highlight the physical limits to economic growth.
Referenced by (1)
Full triples — surface form annotated when it differs from this entity's canonical label.