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Entropy Man, Chapter 2 A Short History of Human Development

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  • John Bryant

    (Vocat International)

Abstract

Chapter from a book entitled Entropy Man, which deals with the relationships between the disciplines of thermodynamics and economics. Chapter 1 illusrates how entropy impacts on the world in which we live. Chapter 2 is a short history of human development. Chapter 3 covers such concepts as the distribution of income, elasticity, the first and second laws of thermodynamics and utility. Chapter 4 explores production and consumption. Chapter 5 explores the relationship between economic entropy and money, illustrated by data of the UK and USA economies. Chapter 7 explores the relationship between economic entropy and employment. Chapter 8 sets out the key dynamics of resources.Chapter 9 illustrates trends in non-renewable resources of oil, gas, coal, nuclear power, steel, cement and Aluminium. Chapter 10 illustrates trends in renewable resources, including humankind, water, land and soil, cereals and grain, meat, fish, the greeen revolution, and renewable energy, including hydro-electric power, wind and solar energy. Chapter 11 is a summary of trends relating to climate change and economic output, and chapter 12 summarises how economics and entropy relate to a sustainable world.

Suggested Citation

  • John Bryant, 2015. "Entropy Man, Chapter 2 A Short History of Human Development," Working Papers em201502, Economic Consultancy, Vocat International.
    • Handle: RePEc:voc:wpaper:em201502
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    More about this item

    Keywords

    Thermodynamics; economics; Le Chatelier; entropy; utility; money; equilibrium; value; energy; interest; elasticity; employment; climate change;
    All these keywords.

    JEL classification:

    • A1 - General Economics and Teaching - - General Economics
    • C02 - Mathematical and Quantitative Methods - - General - - - Mathematical Economics
    • C68 - Mathematical and Quantitative Methods - - Mathematical Methods; Programming Models; Mathematical and Simulation Modeling - - - Computable General Equilibrium Models
    • D5 - Microeconomics - - General Equilibrium and Disequilibrium
    • E - Macroeconomics and Monetary Economics
    • O - Economic Development, Innovation, Technological Change, and Growth

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