O perspectiva entropica asupra crizelor economice

An entropic perspective on economic crises

Andreea-Maria Lostun

MPRA Paper from University Library of Munich, Germany

Abstract: The premise from which we start is that the main cause of economic crises is the constant attempt to create, what Georgescu-Roegen called, "entropy of contraband." The phrase refers to a fictional creation of an energy that does not exist. To prove this we describe the major crises that have hit the economy, we make an analogy between energy flows described by the laws of thermodynamics and monetary flows, and finally to consider whether this analogy is correct. Likely outcome is that without a redefinition of our values ​​and the concept of economic growth, global economy will continue to experience seizures.

Keywords: criza economică; legea entropiei (search for similar items in EconPapers)
JEL-codes: E31 E32 G01 N10 Q01 (search for similar items in EconPapers)
Date: 2011
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Persistent link: https://EconPapers.repec.org/RePEc:pra:mprapa:33584

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