Description
Book SynopsisThis extraordinary book provides a critical review of the work of Nicholas Georgescu-Roegen in conventional economics, environmental economics and methodology. Particular attention is paid to the role of thermodynamics in Georgescu-Roegen's economics.
Trade Review'Georgescu-Roegen was a truly great economist . . . This welcome exposition of his major ideas by Beard and Lozada should help economists understand Georgescu, both the revolutionary boldness and originality of many of his ideas and the careful logic with which he developed them. I believe Beard and Lozada have done an excellent job, both of selection and of exposition . . . My hope is that this book will do for Georgescu's ideas what Alvin Hansen did for the ideas of John Maynard Keynes with his A Guide to Keynes
published back in 1953. In my view Georgescu's intellectual contribution will be even greater than that of Keynes.' -- From the foreword by Herman Daly, University of Maryland, College Park, US
Table of ContentsContents: Foreword by Herman E. Daly 1. Introduction 2. Nicholas Georgesçu-Roegen: A Scholarly Refugee 3. Georgesçu-Roegen’s Epistemology and Economic Methodology 4. Georgesçu-Roegen and “Normal Science” 5. An Economist’s Primer on Thermodynamics 6. Thermodynamics and Georgesçu-Roegen’s Economics 7. Bioeconomics 8. Conclusion Bibliography References Index