representations of the first and second laws of thermodynamics, work done, internal value and entropic value, reversibility, entropy … kinetics entropy and maximisation and the cycle. Chapter 5 constructs a thermodynamic money system, using historical data of … the UK and USA economies to provide empirical analysis. Particular aspects covered include elastic relationships, entropy …

representations of the first and second laws of thermodynamics, work done, internal value and entropic value, reversibility, entropy … kinetics entropy and maximisation and the cycle. Chapter 5 constructs a thermodynamic money system, using historical data of … the UK and USA economies to provide empirical analysis. Particular aspects covered include elastic relationships, entropy …

representations of the first and second laws of thermodynamics, work done, internal value and entropic value, reversibility, entropy … kinetics entropy and maximisation and the cycle. Chapter 5 constructs a thermodynamic money system, using historical data of … the UK and USA economies to provide empirical analysis. Particular aspects covered include elastic relationships, entropy …

representations of the first and second laws of thermodynamics, work done, internal value and entropic value, reversibility, entropy … kinetics entropy and maximisation and the cycle. Chapter 5 constructs a thermodynamic money system, using historical data of … the UK and USA economies to provide empirical analysis. Particular aspects covered include elastic relationships, entropy …

representations of the first and second laws of thermodynamics, work done, internal value and entropic value, reversibility, entropy … kinetics entropy and maximisation and the cycle. Chapter 5 constructs a thermodynamic money system, using historical data of … the UK and USA economies to provide empirical analysis. Particular aspects covered include elastic relationships, entropy …

representations of the first and second laws of thermodynamics, work done, internal value and entropic value, reversibility, entropy … kinetics entropy and maximisation and the cycle. Chapter 5 constructs a thermodynamic money system, using historical data of … the UK and USA economies to provide empirical analysis. Particular aspects covered include elastic relationships, entropy …

representations of the first and second laws of thermodynamics, work done, internal value and entropic value, reversibility, entropy … kinetics entropy and maximisation and the cycle. Chapter 5 constructs a thermodynamic money system, using historical data of … the UK and USA economies to provide empirical analysis. Particular aspects covered include elastic relationships, entropy …

representations of the first and second laws of thermodynamics, work done, internal value and entropic value, reversibility, entropy … kinetics entropy and maximisation and the cycle. Chapter 5 constructs a thermodynamic money system, using historical data of … the UK and USA economies to provide empirical analysis. Particular aspects covered include elastic relationships, entropy …

circulation and money supply, and develops an equation to measure entropy gain in an economic system, linked to interest rates …

, temperature, entropy, work done, specific heat and the 1st and 2nd Laws of Thermodynamics. The law of diminishing marginal utility … cycle efficiency, growth and entropy gain. A thermodynamic model of a money system is set out, and an attempt is made to … relate interest rates, the rate of return, money demand and the velocity of circulation to entropy gain. Aspects concerning …