The Energetics of Economics

4 Pages Posted: 7 Mar 2013

Date Written: March 6, 2013

Abstract

The energetics of the modern monetary production economy is the decisive global problem of world system evolution; research and development into a new energy science will be the methodical foundation of future political economics that is based on the natural or biophysical laws of entropy, thermodynamics and quantum theory.

Keywords: energetics, money, time, quantization, long waves, production cycle, dynamic efficiency, sustainability

JEL Classification: B41

Suggested Citation

Ternyik, Stephen I., The Energetics of Economics (March 6, 2013). Available at SSRN: https://ssrn.com/abstract=2229395 or http://dx.doi.org/10.2139/ssrn.2229395

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