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Books > Business & Economics > Economics > Economic theory & philosophy
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Energy, Complexity and Wealth Maximization (Hardcover, 1st ed. 2016)
Loot Price: R2,605
Discovery Miles 26 050
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Energy, Complexity and Wealth Maximization (Hardcover, 1st ed. 2016)
Series: The Frontiers Collection
Expected to ship within 12 - 17 working days
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This book is about the mechanisms of wealth creation, or what we
like to think of as evolutionary "progress." The massive circular
flow of goods and services between producers and consumers is not a
perpetual motion machine; it has been dependent for the past 150
years on energy inputs from a finite storage of fossil fuels. In
this book, you will learn about the three key requirements for
wealth creation, and how this process acts according to physical
laws, and usually after some part of the natural wealth of the
planet has been exploited in an episode of "creative destruction."
Knowledge and natural capital, particularly energy, will interact
to power the human wealth engine in the future as it has in the
past. Will it sputter or continue along the path of evolutionary
progress that we have come to expect? Can the new immaterial wealth
of information and ideas, which makes up the so-called knowledge
economy, replace depleted natural wealth? These questions have no
simple answers, but this masterful book will help you to understand
the grand challenge of our time. Praise for Energy, Complexity and
Wealth Maximization: "... people who run the modern world
(politicians, economists and lawyers) have a very poor grasp of how
it really works because they do not understand the fundamentals of
energy, exergy and entropy ... those decision-makers would greatly
benefit from reading this book ..." - Vaclav Smil, Distinguished
Professor Emeritus, University of Manitoba "... A grandiose design;
impressive, worth reading and reflecting!" - Prof. Dr. Ernst Ulrich
von Weizacker, Founder of Wuppertal Institute; Co-President of the
Club of Rome, Former Member of the German Bundestag, co-chair of
the UN's Resource Panel "... The book is a must read for concerned
citizens and decision makers across the globe." - RK Pachauri,
Founder and Executive Vice Chairman, The Energy and Resources
Institute (TERI) and ex-chair, International Panel on Climate
Change (IPCC)
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