Quantum Energetic Evolution

6 Pages Posted: 5 May 2016

Date Written: May 3, 2016

Abstract

The quantum energetic evolution of the human economy, in historical and empirical terms, is explained from a sustainable point of view. A successful economic evolutionary path is always about the energetic adaptation of a social system into a thermodynamic gap (level) of dynamic energy efficiency, i.e. economic evolution is a thermodymanic selection procedure to find new ways of production and exchange via human ingenuity and physical macro-prudence. Economic evolution is bound to time (states and stages/time-inconsistent) while the laws of thermo-energetics are time-consistent.

Keywords: thermodynamics, evolution, energy economics, money, dynamic efficiency, sustainability

JEL Classification: B41

Suggested Citation

Ternyik, Stephen I., Quantum Energetic Evolution (May 3, 2016). Available at SSRN: https://ssrn.com/abstract=2774229 or http://dx.doi.org/10.2139/ssrn.2774229

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