The Entropy Law and the Economic Process

450 pages

English language

Published Sept. 1, 1975 by Harvard University Press.

ISBN:
978-0-674-25781-8
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In the ultimate analysis man struggles for low entropy, and economic scarcity is the reflection of the Entropy Law, which is the most economic in nature of all natural laws. Thermodynamics itself is presented by the author as the physics of economic value and mans economic activity as analogous (though not identical) to that of the purposive sorting of the famous Maxwellian demon. Economic activity is in fact an extension and a complement of mans biological evolution. In it, man can use exosomatic organs, i.e., organs with which he is not endowed biologically but which have evolved through a process of mutation, selection, and diffusion similar to that of biological evolution. For wherever there is evolution, the author argues, there is the work of the Entropy Law with its irrevocable qualitative Change. This point leads the author to an extensive examination of the limitations of arithmomorphic models in all sciences. …

1 edition

Subjects

  • Economics
  • Entropy

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