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 #  AuthorTitleAccn#YearItem Type Claims
1 Chen, Jing The Unity of Science and Economics I10126 2016 eBook  
2 Bobrowsky, Peter T Comet/Asteroid Impacts and Human Society I07976 2007 eBook  
3 K??mmel, Reiner The Second Law of Economics I05708 2011 eBook  
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TitleThe Unity of Science and Economics : A New Foundation of Economic Theory
Author(s)Chen, Jing
PublicationNew York, NY, 1. Imprint: Springer 2. Springer New York, 2016.
DescriptionXVI, 136 p : online resource
Abstract NoteThis book presents a new economic theory developed from physical and biological principles. It explains how technology, social systems and economic values are intimately related to resources. Many people have recognized that mainstream (neoclassical) economic theories are not consistent with physical laws and often not consistent with empirical patterns, but most feel that economic activities are too complex to be described by a simple and coherent mathematical theory. While social systems are indeed complex, all life systems, including social systems, satisfy two principles. First, all systems need to extract resources from the external environment to compensate for their consumption. Second, for a system to be viable, the amount of resource extraction has to be no less than the level of consumption. From these two principles, we derive a quantitative theory of major factors in economic activities, such as fixed cost, variable cost, discount rate, uncertainty and duration. The mathematical theory enables us to systematically measure the effectiveness of different policies and institutional structures at varying levels of resource abundance and cost. The theory presented in this book shows that there do not exist universally optimal policies or institutional structures. Instead, the impacts of different policies or social structures have to be measured within the context of existing levels of resource abundance. As the physical costs of extracting resources rise steadily, many policy assumptions adopted in mainstream economic theories, and workable in times of cheap and abundant energy supplies and other resources, need to be reconsidered. In this rapidly changing world, the theory presented here provides a solid foundation for examining the long-term impacts of today's policy decisions
ISBN,Price9781493934669
Keyword(s)1. Data-driven Science, Modeling and Theory Building 2. EBOOK 3. EBOOK - SPRINGER 4. ECONOMIC THEORY 5. Economic Theory/Quantitative Economics/Mathematical Methods 6. ECONOPHYSICS 7. Energy and state 8. Energy policy 9. Energy Policy, Economics and Management 10. Environmental economics 11. Sociophysics 12. Sustainable development 13. THERMODYNAMICS
Item TypeeBook
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Accession#  Call#StatusIssued ToReturn Due On Physical Location
I10126     On Shelf    

2.     
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TitleComet/Asteroid Impacts and Human Society : An Interdisciplinary Approach
Author(s)Bobrowsky, Peter T;Rickman, Hans
PublicationBerlin, Heidelberg, 1. Imprint: Springer 2. Springer Berlin Heidelberg, 2007.
DescriptionXXVI, 546 p : online resource
Abstract NoteIn 1908 an atmospheric explosion in northern Siberia released energy equivalent to 15 Mton of TNT. Can a comparable or larger NEO affect us again? When the next NEO strikes Earth will it be large enough to destroy a city? Will the climate change significantly? Can archaeology and anthropology provide insights into the expected cultural responses with NEO interactions? Does society have a true grasp of the actual risks involved? Is the Great Depression a good model for the economic collapse that could follow a NEO catastrophe? This volume provides a necessary link between various disciplines and comet/asteroid impacts
ISBN,Price9783540327110
Keyword(s)1. ARCHAEOLOGY 2. ASTRONOMY 3. Astronomy, Astrophysics and Cosmology 4. ASTROPHYSICS 5. EBOOK 6. EBOOK - SPRINGER 7. Environmental economics 8. GEOLOGY 9. Human geography
Item TypeeBook
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I07976     On Shelf    

3.    
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TitleThe Second Law of Economics : Energy, Entropy, and the Origins of Wealth
Author(s)K??mmel, Reiner
PublicationNew York, NY, 1. Imprint: Springer 2. Springer New York, 2011.
DescriptionXX, 296 p : online resource
Abstract NoteNothing happens in the world without energy conversion and entropy production. ??These fundamental natural laws are familiar to most of us when applied to the evolution of stars, biological processes, or the working of an internal combustion engine, but what about industrial economies and wealth production, or their constant companion, pollution? ??Does economics conform to the First and the Second?? Law of Thermodynamics??? In this important book, Reiner K??mmel takes us on a fascinating tour of these laws and their influence on natural, technological, and social evolution.?? Analyzing economic growth in Germany, Japan, and the United States in light of technological constraints on capital, labor, and energy, Professor K??mmel upends conventional economic wisdom by showing that the?? productive power of energy far outweighs its small share of costs, while for labor just the opposite is true. ??Wealth creation by energy conversion is accompanied and limited by polluting emissions that are coupled to entropy production.???? These facts constitute the Second Law of Economics. They take on unprecedented?? importance in a world that is facing peak oil, debt-driven economic turmoil, and threats from pollution and climate change.?? They complement the First Law of Economics: Wealth is allocated on markets, and the legal framework determines the outcome.?? By applying the First and Second Law we understand the true origins of wealth production, the issues that imperil the goal of sustainable development, and the technological options that are compatible both with this goal and with natural laws. ??The critical role of energy?? and entropy in the productive sectors of the economy must be realized if we are to create a road map that avoids a Dark Age of shrinking natural resources, environmental degradation, and increasing social tensions
ISBN,Price9781441993656
Keyword(s)1. Data-driven Science, Modeling and Theory Building 2. EBOOK 3. EBOOK - SPRINGER 4. ECONOPHYSICS 5. Energy and state 6. Energy policy 7. Energy Policy, Economics and Management 8. Environmental economics 9. Sociophysics 10. Sustainable development 11. THERMODYNAMICS
Item TypeeBook
Multi-Media Links
Please Click here for eBook
Circulation Data
Accession#  Call#StatusIssued ToReturn Due On Physical Location
I05708     On Shelf    

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