Cockshott, Paul; Zachariah, David - In: Economics: The Open-Access, Open-Assessment E-Journal 8 (2014) 2014-5, pp. 1-55
The article starts by examining the idea of conservation laws as applied to market economies. It formulates a measure of financial entropy and gives numerical simula-tions indicating that this tends to rise. We discuss an analogue for free energy released during this process. The concepts of...