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Енергетичната и екологична икономическа теория на Славчо Загоров (1898 - 1970)

Nenovska, Nona and Magnin, Eric and Nenovsky, Nikolay (2022): Енергетичната и екологична икономическа теория на Славчо Загоров (1898 - 1970). Forthcoming in: The Economic Thought Journal (2023)

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This article aims to rediscover an author relatively unknown to the general public, Slavcho Zagorov, and revive his ideas. Zagorov is a Bulgarian economist and statistician whose main works date from 1954 and are mainly devoted to the concept of energy flow in the economy and human metabolism, explained through the prism of thermodynamics. Criticizing the mainstream economic approach to national income in terms of "value", he developed a new approach of "national income movement". According to Zagorov, national income is "energy movement", which he calculates in terms of primary energy sources. He draws conclusions from direct observations on the economic development of the Danube countries.

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