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Entropy Man, Chapter 1 Setting the Entropy Scene

John Bryant

Working Papers from Economic Consultancy, Vocat International

Abstract: Chapter from a book entitled Entropy Man, which deals with the relationships between the disciplines of thermodynamics and economics. Chapter 1 illustrates how entropy impacts on the world in which we live. Chapter 2 is a short history of human development. Chapter 3 covers such concepts as the distribution of income, elasticity, the first and second laws of thermodynamics and utility. Chapter 4 explores production and consumption. Chapter 5 explores the relationship between economic entropy and money, illustrated by data of the UK and USA economies. Chapter 7 explores the relationship between economic entropy and employment. Chapter 8 sets out the key dynamics of resources. Chapter 9 illustrates trends in non-renewable resources of oil, gas, coal, nuclear power, steel, cement and Aluminium. Chapter 10 illustrates trends in renewable resources, including humankind, water, land and soil, cereals and grain, meat, fish, the greeen revolution, and renewable energy, including hydro-electric power, wind and solar energy. Chapter 11 is a summary of trends relating to climate change and economic output, and chapter 12 summarises how economics and entropy relate to a sustainable world.

Keywords: Thermodynamics; economics; Le Chatelier; entropy; utility; money; equilibrium; value; energy; interest; elasticity; employment; climate change (search for similar items in EconPapers)
JEL-codes: A1 C02 C68 D5 E O (search for similar items in EconPapers)
Pages: 22 pages
Date: 2015-03
New Economics Papers: this item is included in nep-ene, nep-env, nep-hme, nep-mac and nep-upt
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