Lostun, Andreea-Maria (2011): O perspectiva entropica asupra crizelor economice.
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Abstract
The premise from which we start is that the main cause of economic crises is the constant attempt to create, what Georgescu-Roegen called, "entropy of contraband." The phrase refers to a fictional creation of an energy that does not exist. To prove this we describe the major crises that have hit the economy, we make an analogy between energy flows described by the laws of thermodynamics and monetary flows, and finally to consider whether this analogy is correct. Likely outcome is that without a redefinition of our values and the concept of economic growth, global economy will continue to experience seizures.
Item Type: | MPRA Paper |
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Original Title: | O perspectiva entropica asupra crizelor economice |
English Title: | An entropic perspective on economic crises |
Language: | Romanian |
Keywords: | criza economică; legea entropiei |
Subjects: | N - Economic History > N1 - Macroeconomics and Monetary Economics ; Industrial Structure ; Growth ; Fluctuations > N10 - General, International, or Comparative E - Macroeconomics and Monetary Economics > E3 - Prices, Business Fluctuations, and Cycles > E32 - Business Fluctuations ; Cycles E - Macroeconomics and Monetary Economics > E3 - Prices, Business Fluctuations, and Cycles > E31 - Price Level ; Inflation ; Deflation Q - Agricultural and Natural Resource Economics ; Environmental and Ecological Economics > Q0 - General > Q01 - Sustainable Development G - Financial Economics > G0 - General > G01 - Financial Crises |
Item ID: | 33584 |
Depositing User: | Andreea-Maria Lostun |
Date Deposited: | 13 Dec 2011 19:59 |
Last Modified: | 01 Oct 2019 04:52 |
References: | Drăgan, F., & Demetrescu, M. (1994). Economistul mileniului trei. Nicolae Georgescu Roegen, profetul arhitect al noii gândiri. București: Editura Europa Nova. Georgescu-Roegen, N. (2000). Economie analitică. București: Editura Expert. Georgescu-Roegen, N. (2006). Epistemologie roegeniană. București: Editura Expert. Georgescu-Roegen, N. (1979). Legea entropiei și procesul economic. București: Editura Politică. |
URI: | https://mpra.ub.uni-muenchen.de/id/eprint/33584 |