Entropic Irreversibility and Uncontrolled Technological Change in Economy and Environment.
A joint production model representing "Spaceship Earth" is used to explore at a conceptual level, implications of natural resource depletion and economic waste production for economy-environment change. Ecological change is considered as uncontrolled technological innovation, partially induced through disposal of unwanted "surpluses" (by-products and "wastes" from economic activity). These surpluses may accumulate as wastelands, or (more likely) contribute to uncontrolled ecological change. Technologically stationary economy-environment steady-state solutions are contrasted with instability and forced change where either the technologies or the patterns of resource allocation in economic and environmental processes are incompatible with a steady state.
Year of publication: |
1993
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Authors: | O'Connor, Martin |
Published in: |
Journal of Evolutionary Economics. - Springer. - Vol. 3.1993, 4, p. 285-315
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Publisher: |
Springer |
Saved in:
Saved in favorites
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