thermodynamics is formulated in which entropy emerges naturally. Under the assumption that the small group of high income agents …

the relationships between the disciplines of thermodynamics and economics. Chapter 1 covers historical research on the … stock model that can be adapted to represent those of money, labour and economic output. Chapter 3 deals with economic … representations of the first and second laws of thermodynamics, work done, internal value and entropic value, reversibility, entropy …

the relationships between the disciplines of thermodynamics and economics. Chapter 1 covers historical research on the … stock model that can be adapted to represent those of money, labour and economic output. Chapter 3 deals with economic … representations of the first and second laws of thermodynamics, work done, internal value and entropic value, reversibility, entropy …

the relationships between the disciplines of thermodynamics and economics. Chapter 1 covers historical research on the … stock model that can be adapted to represent those of money, labour and economic output. Chapter 3 deals with economic … representations of the first and second laws of thermodynamics, work done, internal value and entropic value, reversibility, entropy …

the relationships between the disciplines of thermodynamics and economics. Chapter 1 covers historical research on the … stock model that can be adapted to represent those of money, labour and economic output. Chapter 3 deals with economic … representations of the first and second laws of thermodynamics, work done, internal value and entropic value, reversibility, entropy …

the relationships between the disciplines of thermodynamics and economics. Chapter 1 covers historical research on the … stock model that can be adapted to represent those of money, labour and economic output. Chapter 3 deals with economic … representations of the first and second laws of thermodynamics, work done, internal value and entropic value, reversibility, entropy …

the relationships between the disciplines of thermodynamics and economics. Chapter 1 covers historical research on the … stock model that can be adapted to represent those of money, labour and economic output. Chapter 3 deals with economic … representations of the first and second laws of thermodynamics, work done, internal value and entropic value, reversibility, entropy …

the relationships between the disciplines of thermodynamics and economics. Chapter 1 covers historical research on the … stock model that can be adapted to represent those of money, labour and economic output. Chapter 3 deals with economic … representations of the first and second laws of thermodynamics, work done, internal value and entropic value, reversibility, entropy …

the relationships between the disciplines of thermodynamics and economics. Chapter 1 covers historical research on the … stock model that can be adapted to represent those of money, labour and economic output. Chapter 3 deals with economic … representations of the first and second laws of thermodynamics, work done, internal value and entropic value, reversibility, entropy …

, 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 …