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Economics Entropy And The Environment
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Book Synopsis Economics, Entropy and the Environment by : Thomas Randolph Beard
Download or read book Economics, Entropy and the Environment written by Thomas Randolph Beard and published by Edward Elgar Publishing. This book was released on 1999 with total page 176 pages. Available in PDF, EPUB and Kindle. Book excerpt: Offers a critical review of the work of Nicholas Georgescu-Roegen in conventional economics, environmental economics, and methodology. Presents a brief biographical sketch, then reviews his methodology and evaluates his contributions to the field. Particular attention is paid to the role of thermodynamics in his economics, with an economist's primer on thermodynamics and description of the role thermodynamics plays in his work. A final chapter describes bioeconomics as a way to integrate many of his views. Beard teaches economics at Auburn University. Lozada teaches economics at the University of Utah. Annotation copyrighted by Book News, Inc., Portland, OR
Book Synopsis The Second Law of Economics by : Reiner Kümmel
Download or read book The Second Law of Economics written by Reiner Kümmel and published by Springer Science & Business Media. This book was released on 2011-06-24 with total page 309 pages. Available in PDF, EPUB and Kindle. Book excerpt: Nothing happens in the world without energy conversion and entropy production. These fundamental natural laws are familiar to most of us when applied to the evolution of stars, biological processes, or the working of an internal combustion engine, but what about industrial economies and wealth production, or their constant companion, pollution? Does economics conform to the First and the Second Law of Thermodynamics? In this important book, Reiner Kümmel takes us on a fascinating tour of these laws and their influence on natural, technological, and social evolution. Analyzing economic growth in Germany, Japan, and the United States in light of technological constraints on capital, labor, and energy, Professor Kümmel upends conventional economic wisdom by showing that the productive power of energy far outweighs its small share of costs, while for labor just the opposite is true. Wealth creation by energy conversion is accompanied and limited by polluting emissions that are coupled to entropy production. These facts constitute the Second Law of Economics. They take on unprecedented importance in a world that is facing peak oil, debt-driven economic turmoil, and threats from pollution and climate change. They complement the First Law of Economics: Wealth is allocated on markets, and the legal framework determines the outcome. By applying the First and Second Law we understand the true origins of wealth production, the issues that imperil the goal of sustainable development, and the technological options that are compatible both with this goal and with natural laws. The critical role of energy and entropy in the productive sectors of the economy must be realized if we are to create a road map that avoids a Dark Age of shrinking natural resources, environmental degradation, and increasing social tensions.
Book Synopsis Energy and Economic Myths by : Nicholas Georgescu-Roegen
Download or read book Energy and Economic Myths written by Nicholas Georgescu-Roegen and published by Elsevier. This book was released on 2014-05-18 with total page 409 pages. Available in PDF, EPUB and Kindle. Book excerpt: Energy and Economic Myths: Institutional and Analytical Economic Essays is a collection of materials that deal with various issues and concerns in economics. The title aims to clarify the misconception in economics. The first part of the text deals with the issues in natural resources and the economics of production. Next, the selection tackles the problems in institutional economics. Part III covers the epistemological and methodological concerns in economics. The title also talks about economic theories. The book will be of great interest to economists and readers who want to enhance their understanding of economic concepts.
Book Synopsis Environmental and Natural Resource Economics by : Jonathan M. Harris
Download or read book Environmental and Natural Resource Economics written by Jonathan M. Harris and published by Routledge. This book was released on 2016-05-05 with total page 584 pages. Available in PDF, EPUB and Kindle. Book excerpt: Harris and Roach present a compact and accessible presentation of the core environmental and resource topics and more, with analytical rigor as well as engaging examples and policy discussions. They take a broad approach to theoretical analysis, using both standard economic and ecological analyses, and developing these both from theoretical and practical points of view. It assumes a background in basic economics, but offers brief review sections on important micro and macroeconomic concepts, as well as appendices with more advanced and technical material. Extensive instructor and student support materials, including PowerPoint slides, data updates, and student exercises are provided.
Book Synopsis Entropy Law, Sustainability, and Third Industrial Revolution by : Ramprasad Sengupta
Download or read book Entropy Law, Sustainability, and Third Industrial Revolution written by Ramprasad Sengupta and published by Oxford University Press. This book was released on 2020-02-22 with total page 256 pages. Available in PDF, EPUB and Kindle. Book excerpt: In mankind’s relentless quest for prosperity, Nature has suffered great damage. It has been treated as an inexhaustible reserve of resources. The indefinite scale of global expansion is still continuing and now the earth’s very survival is under threat. But against this exploitation of nature, there is the concept of entropy, which places a finite limit on the extent to which resources can be used in any closed system, such as our planet. Considering the impact of entropy, this book examines the key issues of sustainability—social, economic, and environmental. It discusses the social dimension of sustainability, showing how it is impacted by issues of economic inequality, poverty, and other socio-economic and infrastructural factors in the Indian context. It also highlights how Indian households suffer from clean energy poverty and points to the inequality in distribution of different fuels and of fuel cost among households. It assesses India’s power sector and its potential to be a significant player in bringing the Third Industrial Revolution to India by replacing fossil fuels with new renewables. It concludes by projecting power sector scenarios till 2041–42 achievable through alternative, realizable policy with respect to energy conservation and fuel substitution, and thus paves the way for the green power.
Book Synopsis Thermodynamics and the Destruction of Resources by : Bhavik R. Bakshi
Download or read book Thermodynamics and the Destruction of Resources written by Bhavik R. Bakshi and published by Cambridge University Press. This book was released on 2011-04-11 with total page 523 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book is a unique, multidisciplinary effort to apply rigorous thermodynamics fundamentals, a disciplined scholarly approach, to problems of sustainability, energy, and resource uses. Applying thermodynamic thinking to problems of sustainable behavior is a significant advantage in bringing order to ill-defined questions with a great variety of proposed solutions, some of which are more destructive than the original problem. The articles are pitched at a level accessible to advanced undergraduates and graduate students in courses on sustainability, sustainable engineering, industrial ecology, sustainable manufacturing, and green engineering. The timeliness of the topic, and the urgent need for solutions make this book attractive to general readers and specialist researchers as well. Top international figures from many disciplines, including engineers, ecologists, economists, physicists, chemists, policy experts and industrial ecologists among others make up the impressive list of contributors.
Book Synopsis Resource and Environmental Economics: Modern Issues and Applications by :
Download or read book Resource and Environmental Economics: Modern Issues and Applications written by and published by World Scientific. This book was released on 2009 with total page 518 pages. Available in PDF, EPUB and Kindle. Book excerpt: "This important book deals with the essential principles of resource and environmental economics, provides applications to contemporary issues in this field, and outlines and assesses policies being used or proposed for managing the use of environmental and natural resources. Covering specific contemporary topics such as agriculture and the environment, water use, greenhouse gas management, biodiversity conservation, tourism and the environment, and environmental economics and health, leading issues in resource and environmental economics are outlined and analyzed in an innovative manner. Institutional economics (both new and traditional) is applied and compared with other approaches such as neoclassical economics, behavioral economics and the Austrian School of Economics. This heterogeneous, multi-perspective approach enables problems to be considered from several different angles, thus enhancing the reader's comprehension of the subject matter. Furthermore, using minimal technical jargon, the book takes into account aspects of modern economic analysis such as the costs of and constraints on decision-making and the transaction costs involved in policy implementation."-
Book Synopsis Integrating Economics, Ecology and Thermodynamics by : Matthias Ruth
Download or read book Integrating Economics, Ecology and Thermodynamics written by Matthias Ruth and published by Springer Science & Business Media. This book was released on 2013-04-17 with total page 255 pages. Available in PDF, EPUB and Kindle. Book excerpt: Economies are open systems embedded in an ecosystem with which they exchange matter and energy. Interactions among these systems are vital for each system's performance and are constrained by the laws of physics. This volume pays tribute to economy--environment interactions simultaneously from an economic, ecological and physical perspective. Integrating Economics, Ecology and Thermodynamics provides a first step in identifying and combining the principles of economics, ecology and thermodynamics on a fundamental level. Part I lays out the general context for the approach chosen. Part II familiarizes readers with core concepts of, and methods used in, the three disciplines of economics, ecology and thermodynamics. Part III assesses ways in which these disciplines can be integrated to provide an improved understanding of economy--environment interactions. Part IV illustrates the integration of the three disciplines with a dynamic model of a human community interacting with its environment. In Part V the volume closes with a brief summary and a set of conclusions on the relevance of integrated, interdisciplinary approaches to economy--environment interactions.
Book Synopsis Greening China’s New Silk Roads by : Ferguson, R. J.
Download or read book Greening China’s New Silk Roads written by Ferguson, R. J. and published by Edward Elgar Publishing. This book was released on 2021-12-07 with total page 360 pages. Available in PDF, EPUB and Kindle. Book excerpt: This timely book offers a critical account of key governance challenges of the Belt and Road Initiative (BRI). Illustrating China’s efforts to expand its idea of a sustainable eco-civilization, thereby ‘greening’ the BRI, it explores the disputes that have emerged from this process and subsequent complications resulting from geopolitical competition.
Book Synopsis The Crash Course by : Chris Martenson
Download or read book The Crash Course written by Chris Martenson and published by John Wiley & Sons. This book was released on 2011-02-14 with total page 336 pages. Available in PDF, EPUB and Kindle. Book excerpt: The next twenty years will be completely unlike the last twenty years. The world is in economic crisis, and there are no easy fixes to our predicament. Unsustainable trends in the economy, energy, and the environment have finally caught up with us and are converging on a very narrow window of time—the "Twenty-Teens." The Crash Course presents our predicament and illuminates the path ahead, so you can face the coming disruptions and thrive--without fearing the future or retreating into denial. In this book you will find solid facts and grounded reasoning presented in a calm, positive, non-partisan manner. Our money system places impossible demands upon a finite world. Exponentially rising levels of debt, based on assumptions of future economic growth to fund repayment, will shudder to a halt and then reverse. Unfortunately, our financial system does not operate in reverse. The consequences of massive deleveraging will be severe. Oil is essential for economic growth. The reality of dwindling oil supplies is now internationally recognized, yet virtually no developed nations have a Plan B. The economic risks to individuals, companies, and countries are varied and enormous. Best-case, living standards will drop steadily worldwide. Worst-case, systemic financial crises will toss the world into jarring chaos. This book is written for those who are motivated to learn about the root causes of our predicaments, protect themselves and their families, mitigate risks as much as possible, and control what effects they can. With challenge comes opportunity, and The Crash Course offers a positive vision for how to reshape our lives to be more balanced, resilient, and sustainable.
Book Synopsis The Origins of Ecological Economics by : Kozo Mayumi
Download or read book The Origins of Ecological Economics written by Kozo Mayumi and published by Routledge. This book was released on 2001-07-26 with total page 217 pages. Available in PDF, EPUB and Kindle. Book excerpt: Nicholas Georgescu-Roegen deserves to be called the father of ecological economics. This book connects Georgescu-Roegen's earlier work such as consumer choice theory and a critique of Leontief's dynamic model, with his later ambitious attempt to reformulate the economic process as 'bioeconomics', a theoretical alternative to neoclassical economics.
Download or read book Beyond Growth written by Herman E. Daly and published by Beacon Press. This book was released on 2014-09-30 with total page 265 pages. Available in PDF, EPUB and Kindle. Book excerpt: "Daly is turning economics inside out by putting the earth and its diminishing natural resources at the center of the field . . . a kind of reverse Copernican revolution in economics." --Utne Reader "Considered by most to be the dean of ecological economics, Herman E. Daly elegantly topples many shibboleths in Beyond Growth. Daly challenges the conventional notion that growth is always good, and he bucks environmentalist orthodoxy, arguing that the current focus on 'sustainable development' is misguided and that the phrase itself has become meaningless." --Mother Jones "In Beyond Growth, . . . [Daly] derides the concept of 'sustainable growth' as an oxymoron. . . . Calling Mr. Daly 'an unsung hero,' Robert Goodland, the World Bank's top environmental adviser, says, 'He has been a voice crying in the wilderness.'" --G. Pascal Zachary, The Wall Street Journal "A new book by that most far-seeing and heretical of economists, Herman Daly. For 25 years now, Daly has been thinking through a new economics that accounts for the wealth of nature, the value of community and the necessity for morality." --Donella H. Meadows, Los Angeles Times "For clarity of vision and ecological wisdom Herman Daly has no peer among contemporary economists. . . . Beyond Growth is essential reading." --David W. Orr, Oberlin College "There is no more basic ethical question than the one Herman Daly is asking." --Hal Kahn, The San Jose Mercury News "Daly's critiques of economic orthodoxy . . . deliver a powerful and much-needed jolt to conventional thinking." --Karen Pennar, Business Week Named one of a hundred "visionaries who could change your life" by the Utne Reader,Herman Daly is the recipient of many awards, including a Grawemeyer Award, the Heineken Prize for environmental science, and the "Alternative Nobel Prize," the Right Livelihood Award. He is professor at the University of Maryland's School of Public Affairs, and coauthor with John Cobb, Jr., of For the Common Good.
Book Synopsis The Entropy Crisis by : Guy Deutscher
Download or read book The Entropy Crisis written by Guy Deutscher and published by World Scientific. This book was released on 2008-10-22 with total page 185 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book aims to prove that the so-called “energy crisis” is really an entropy crisis. Since energy is conserved, it is clear that a different concept is necessary to discuss meaningfully the problems posed by energy supplies and environmental protection. This book makes this concept, entropy, accessible to a broad, nonspecialized audience.Examples taken from daily experiences are used to introduce the concept of entropy in an intuitive manner, before it is defined in a more formal way. It is shown that the entropy increase due to irreversible transformations (or “unrecoverable” energy) simultaneously determines the level of fresh energy supplies of our society and the damage that it causes to the environment. Minimizing the rate of entropy increase with advanced technologies and society organizations, and keeping it in check with appropriate energy sources, is the key to a sustainable development.
Book Synopsis Environmental Economics for Non-Economists by : John Asafu Adjaye
Download or read book Environmental Economics for Non-Economists written by John Asafu Adjaye and published by World Scientific Publishing Company. This book was released on 2000-02-28 with total page 336 pages. Available in PDF, EPUB and Kindle. Book excerpt: With the rise in the significance of environmental issues, many professionals and students outside the discipline of economics have taken an interest in environmental economics. However, there are few publications that cater for this type of reader. The invaluable textbook is targeted at a broad range of disciplines, including engineering, business, forestry and agriculture. The following characteristics set the book apart from others: it does not assume a previous knowledge of economics; it deals with global environmental problems, with emphasis on Third World environmental issues; it includes material on the emerging discipline of ecological economics; and it incorporates simple spreadsheet-based examples and exercises to reinforce the concepts taught. Request Inspection Copy
Book Synopsis An Introduction to Ecological Economics by : Robert Costanza
Download or read book An Introduction to Ecological Economics written by Robert Costanza and published by CRC Press. This book was released on 2014-12-02 with total page 350 pages. Available in PDF, EPUB and Kindle. Book excerpt: From Empty-World Economics to Full-World EconomicsEcological economics explores new ways of thinking about how we manage our lives and our planet to achieve a sustainable, equitable, and prosperous future. Ecological economics extends and integrates the study and management of both "nature's household" and "humankind's household"-An Introduction to
Download or read book Unearthed written by Kenneth M. Sayre and published by . This book was released on 2010 with total page 452 pages. Available in PDF, EPUB and Kindle. Book excerpt: Sayre argues that the only way to resolve our current environmental crisis is to reduce our energy consumption to a level where the entropy produced no longer exceeds the biosphere's ability to dispose of it.
Book Synopsis Dictionary of Environmental Economics by : Renat Perelet
Download or read book Dictionary of Environmental Economics written by Renat Perelet and published by Earthscan. This book was released on 2014-05-14 with total page 209 pages. Available in PDF, EPUB and Kindle. Book excerpt: A comprehensive dictionary of environmental economics, compiled by leading academics in the field. Each expression or phrase is explained clearly in non-technical language, with references given to its use in the growing literature on the subject area. From abatement to zonal travel cost method (ZTCM), there are over 1000 cross-referenced entries covering topics such as: environmental instruments for policy-making, techniques applied in environmental and natural resource economics, major issues in environmental economics and environmental management, economics of sustainable development, natural resource accounting, and international environmental agreements. As well as providing incisive answers to questions such as 'What is natural capital?' or 'when are crowding diseconomies important?', the dictionary includes a list of commonly used acronyms and abbreviations, and a complete bibliography detailing the major texts in the field is provided.
