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This paper develops further monetary aspects of a model, first set out as part of a paper by the author published in 2007, concerning the application of thermodynamic principles to economics. The model is backed up by statistical analysis of quarterly data of the UK and USA economies. The model...
Persistent link: https://www.econbiz.de/10008621759
the relationships between the disciplines of thermodynamics and economics. Chapter 1 covers historical research on the … 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 …
Persistent link: https://www.econbiz.de/10010554299
the relationships between the disciplines of thermodynamics and economics. Chapter 1 covers historical research on the … 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 …
Persistent link: https://www.econbiz.de/10010554300
the relationships between the disciplines of thermodynamics and economics. Chapter 1 covers historical research on the … 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 …
Persistent link: https://www.econbiz.de/10010554301
the relationships between the disciplines of thermodynamics and economics. Chapter 1 covers historical research on the … 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 …
Persistent link: https://www.econbiz.de/10010554302
the relationships between the disciplines of thermodynamics and economics. Chapter 1 covers historical research on the … 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 …
Persistent link: https://www.econbiz.de/10010554303
the relationships between the disciplines of thermodynamics and economics. Chapter 1 covers historical research on the … 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 …
Persistent link: https://www.econbiz.de/10010554304
the relationships between the disciplines of thermodynamics and economics. Chapter 1 covers historical research on the … 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 …
Persistent link: https://www.econbiz.de/10010554305
the relationships between the disciplines of thermodynamics and economics. Chapter 1 covers historical research on the … 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 …
Persistent link: https://www.econbiz.de/10010554306
the relationships between the disciplines of thermodynamics and economics. Chapter 1 covers historical research on the … 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 …
Persistent link: https://www.econbiz.de/10010900400