Goodreads helps you keep track of books you want to read.
Start by marking “The Entropy Law and the Economic Process” as Want to Read:
The Entropy Law and the Economic Process
Enlarge cover
Rate this book
Clear rating
Open Preview

The Entropy Law and the Economic Process

4.22  ·  Rating details ·  46 ratings  ·  5 reviews
"Every few generations a great seminal book comes along that challenges economic analysis and through its findings alters men's thinking and the course of societal change. This is such a book, yet it is more. It is a "poetic" philosophy, mathematics, and science of economics. It is the quintessence of the thought that has been focused on the economic reality. Henceforce al ...more
Paperback, 476 pages
Published November 23rd 1999 by iUniverse (first published January 1st 1971)
More Details... Edit Details

Friend Reviews

To see what your friends thought of this book, please sign up.

Reader Q&A

To ask other readers questions about The Entropy Law and the Economic Process, please sign up.

Be the first to ask a question about The Entropy Law and the Economic Process

Community Reviews

Showing 1-30
4.22  · 
Rating details
 ·  46 ratings  ·  5 reviews


More filters
 | 
Sort order
The Capital Institute
The Entropy Law explains the entropy of the physical universe and how this applies to the nature of the economic process, as well as the way in which man is speeding up the entropic depletion of our natural resources. Georgescu-Roegen proposes that we learn to ration the resources we have to ensure the long-term survival of the human race. This is a fascinating and important read for those looking to better understand how capitalism relates to the laws of Thermodynamics.

Sanchir Jargalsaikhan
Sep 20, 2016 rated it it was amazing
Essential reading for social scientists, public policy makers, aspiring politicians, and just for about anyone with interest in how our socioeconomic systems depend on laws of nature. It is a refreshing alternative to neoclassical economics due to its empirical, non-axiomatic, and systematic dissection of what we call THE economic process... This book shall be one of the cornerstones of any political or economic curricula in the 21st century. (less) [edit]
William Schram
I gave this book 100 pages to wow me, and it did no such thing. I thought that with the title Georgescu-Roegen would go right into the crux of his argument, but he is still explaining the background. For one thing, he has mentioned entropy and shows a phenomenal understanding of a lot of different subjects. I don't know why he needs to denigrate the works of so many great minds, but this is his modus operandi so to speak. Georgescu-Roegen has a passionate thing going on for Aristotle and keeps m ...more
Stephen
I read this ages ago. I think it was recommended by Amory Lovins. Most of it was over my head.
Leonardo
Apr 24, 2014 rated it it was amazing  ·  review of another edition
Bueno, lo logré. Realmente este tipo sabía mucho de muchas cosas, con lo que no es tan sencillo seguirlo a lo largo de todo su razonamiento. Tiene partes más complicadas que otras igual. También hay que situarse en la mente de un soviético rumano: "¡No todos fuimos tan fuertemente instruidos en Leontief!", querido Nicholas.

Para los economistas buscan por título: El uso del término "Entropía" que hace Sims varió tanto con el paso del tiempo que es practicamente irreconocible en este libro de 197
...more
Mike B!
rated it really liked it
Aug 26, 2009
Mat Quasar
rated it it was amazing
Dec 26, 2017
Patrick
rated it liked it
Jan 08, 2015
Stan
rated it it was amazing
Mar 27, 2008
brix
rated it really liked it
Apr 12, 2007
John
rated it really liked it
Jan 11, 2015
Jan Kucic-Riker
rated it liked it
Nov 13, 2016
Ryan
rated it really liked it
Nov 28, 2009
Toon Pepermans
rated it really liked it
Apr 10, 2015
Louis Agnew
rated it liked it
Nov 01, 2014
Chaitanya
rated it it was amazing
Dec 13, 2017
Nigel Stanger
rated it it was ok
Jan 06, 2014
Phil Randal
rated it it was amazing
May 08, 2009
Blaine D
rated it liked it
Dec 07, 2018
Jean
rated it liked it
Aug 24, 2017
Adam Villarreal
rated it it was amazing
Jan 26, 2012
James McBride
rated it it was amazing
Aug 13, 2012
Bob Wyman
rated it it was amazing
Oct 06, 2017
Stevens Van
rated it it was amazing
Jul 03, 2013
Sviridov
rated it liked it
Feb 04, 2015
Max
rated it it was amazing
Feb 02, 2014
Paul Gosselin
rated it it was ok
Feb 25, 2016
Jack
rated it really liked it
Mar 19, 2019
Charles
rated it it was amazing
Apr 11, 2015
Marc Puckett
rated it it was amazing
Aug 28, 2015
« previous 1 next »
There are no discussion topics on this book yet. Be the first to start one »
Nicholas Georgescu-Roegen was a Romanian American mathematician, statistician and economist.
“It is natural that the appearance of pollution should have taken by surprise an economic science which has delighted in playing around with all kinds of mechanistic models. Curiously, even after the event economics gives no signs of acknowledging the role of natural resources in the economic process. Economists still do not seem to realize that, since the product of the economic process is waste, waste is an inevitable result of that process and ceteris paribus increases in greater proportion than the intensity of economic activity.” 2 likes
“Indeed, only what does not have a tangible measure can easily be exaggerated in importance. This is the basic reason why the privileged elite in every society has always consisted—and, I submit, will always consist—of members who perform unproductive services under one form or another. Whatever the title under which this elite may receive its share, this share will never be that of worker’s wage—even if, as is possible, it may be called by that name.” 1 likes
More quotes…