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Author: Jing Chen
Publisher: World Scientific
ISBN: 9812563237
Category : Social Science
Languages : en
Pages : 147
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Book Description
All human activities, including mental activities, are governed by physical laws and are essentially thermodynamic processes. However, current economic theories are not established on these foundations. This pioneering book seeks to develop an analytical theory of economics on the foundation of thermodynamic laws. A unified understanding of economic and social phenomena is presented, an understanding that is much simpler than what mainstream economic theory has to offer. Its aim is to revolutionize thinking in economics and transform social sciences into an integral part of the physical and biological sciences.
Author: Jing Chen
Publisher: World Scientific
ISBN: 9812563237
Category : Social Science
Languages : en
Pages : 147
Get Book Here
Book Description
All human activities, including mental activities, are governed by physical laws and are essentially thermodynamic processes. However, current economic theories are not established on these foundations. This pioneering book seeks to develop an analytical theory of economics on the foundation of thermodynamic laws. A unified understanding of economic and social phenomena is presented, an understanding that is much simpler than what mainstream economic theory has to offer. Its aim is to revolutionize thinking in economics and transform social sciences into an integral part of the physical and biological sciences.
Author: Jing Chen
Publisher: World Scientific
ISBN: 9814480428
Category : Business & Economics
Languages : en
Pages : 147
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Book Description
All human activities, including mental activities, are governed by physical laws and are essentially thermodynamic processes. However, current economic theories are not established on these foundations. This pioneering book seeks to develop an analytical theory of economics on the foundation of thermodynamic laws. A unified understanding of economic and social phenomena is presented, an understanding that is much simpler than what mainstream economic theory has to offer. Its aim is to revolutionize thinking in economics and transform social sciences into an integral part of the physical and biological sciences.
Author: Jing Chen
Publisher: World Scientific
ISBN: 9812703411
Category : Science
Languages : en
Pages : 147
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Book Description
All human activities, including mental activities, are governed by physical laws and are essentially thermodynamic processes. However, current economic theories are not established on these foundations. This pioneering book seeks to develop an analytical theory of economics on the foundation of thermodynamic laws. A unified understanding of economic and social phenomena is presented, an understanding that is much simpler than what mainstream economic theory has to offer. Its aim is to revolutionize thinking in economics and transform social sciences into an integral part of the physical and biological sciences.
Author: Ping Chen
Publisher: Taylor & Francis
ISBN: 1040153569
Category : Business & Economics
Languages : en
Pages : 766
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Book Description
The Routledge International Handbook of Complexity Economics covers the historical developments and early concerns of complexity theorists and brings them into engagement with the world today. In this volume, a distinguished group of international scholars explore the state of the art of complexity economics, and how it may deliver new and relevant insights to the challenges of the 21st century. Complexity science started in 1899 when Henri Poincaré described the three-body problem. The first approaches in economics emerged somewhat later, in the 1980s, driven by the Brussels-Austin school. Since then, complexity economics has gone through numerous developments: departing from linear simplifications, applying physical algorithms, to evolutionary economics and big data. This book covers the basic principles and methods, and offers an overview of the various domains—ranging from diverse fields of productivity studies, agricultural economics, to monetary economics—as well as the current challenges such as climate change, epidemics and economic inequality where complexity economics can provide insight. It closes with a review of complexity political economy and policy. Offering a vibrant alternative to orthodox economics, this handbook is a crucial resource for advanced students, researchers and economists across the disciplines of heterodox economics, economic theory and econophysics.
Author: Jing Chen
Publisher: Springer
ISBN: 149393466X
Category : Science
Languages : en
Pages : 148
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Book Description
This book presents a new economic theory developed from physical and biological principles. It explains how technology, social systems and economic values are intimately related to resources. Many people have recognized that mainstream (neoclassical) economic theories are not consistent with physical laws and often not consistent with empirical patterns, but most feel that economic activities are too complex to be described by a simple and coherent mathematical theory. While social systems are indeed complex, all life systems, including social systems, satisfy two principles. First, all systems need to extract resources from the external environment to compensate for their consumption. Second, for a system to be viable, the amount of resource extraction has to be no less than the level of consumption. From these two principles, we derive a quantitative theory of major factors in economic activities, such as fixed cost, variable cost, discount rate, uncertainty and duration. The mathematical theory enables us to systematically measure the effectiveness of different policies and institutional structures at varying levels of resource abundance and cost.The theory presented in this book shows that there do not exist universally optimal policies or institutional structures. Instead, the impacts of different policies or social structures have to be measured within the context of existing levels of resource abundance. As the physical costs of extracting resources rise steadily, many policy assumptions adopted in mainstream economic theories, and workable in times of cheap and abundant energy supplies and other resources, need to be reconsidered. In this rapidly changing world, the theory presented here provides a solid foundation for examining the long-term impacts of today's policy decisions.
Author: Libb Thims
Publisher: Lulu.com
ISBN: 1430328401
Category : Science
Languages : en
Pages : 434
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Book Description
Volume two begins with Goethe's theories of affinities, i.e. the chemical reaction view of human life in 1809. This is followed by the history of how the thermodynamic (1876) and quantum (1905) revolutions modernized chemistry such that affinity (the 'force' of reaction) is now viewed as a function of thermodynamic 'free energy' (reaction spontaneity) and quantum 'valency' (bond stabilities). The composition, energetic state, dynamics, and evolution of the human chemical bond A?B is the centerpiece of this process. The human bond is what gives (yields) and takes (absorbs) energy in life. The coupling of this bond energy, driven by periodic inputs of solar photons, thus triggering activation energies and entropies, connected to the dynamical work of life, is what quantifies the human reaction process. This is followed by topics including mental crystallization, template theory, LGBT chemistry, chemical potential, Le Chatelier's principle, Muller dispersion forces, and human thermodynamics.
Author: Stanislaw Sieniutycz
Publisher: Elsevier
ISBN: 0128185953
Category : Technology & Engineering
Languages : en
Pages : 419
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Book Description
Complexity and Complex Thermoeconomic Systems describes the properties of complexity and complex thermo-economic systems as the consequence of formulations, definitions, tools, solutions and results consistent with the best performance of a system. Applying to complex systems contemporary advanced techniques, such as static optimization, optimal control, and neural networks, this book treats the systems theory as a science of general laws for functional integrities. It also provides a platform for the discussion of various definitions of complexity, complex hierarchical structures, self-organization examples, special references, and historical issues. This book is a valuable reference for scientists, engineers and graduated students in chemical, mechanical, and environmental engineering, as well as those in physics, ecology and biology, helping them better understand the complex thermodynamic systems and enhance their technical skills in research. - Provides a lucid presentation of the dynamical properties of thermoeconomic systems - Includes original graphical material that illustrates the properties of complex systems - Written by a first-class expert in the field of advanced methods in thermodynamics
Author: Libb Thims
Publisher: Lulu.com
ISBN: 1430310499
Category : Science
Languages : en
Pages : 394
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Book Description
Human chemistry is the study of bond-forming and bond-breaking reactions between people and the structures they form. People often speak of having either good or bad chemistry together: whereby, according to consensus, the phenomenon of love is a chemical reaction. The new science of human chemistry is the study of these reactions. Historically, human chemistry was founded with the 1809 publication of the classic novella Elective Affinities, by German polymath Johann von Goethe, a chemical treatise on the origin of love. Goethe based his human chemistry on Swedish chemist Torbern Bergman's 1775 chemistry textbook A Dissertation on Elective Attractions, which itself was founded on Isaac Newton's 1687 supposition that the cause of chemical phenomena may 'all depend upon certain forces by which the particles of bodies, by some causes hitherto unknown, are either mutually impelled towards each other, and cohere in regular figures, or are repelled and recede from one another'; which thus defines life.
Author:
Publisher: PediaPress
ISBN:
Category :
Languages : en
Pages : 471
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Book Description
Author:
Publisher: PediaPress
ISBN:
Category :
Languages : en
Pages : 699
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Book Description
