Economics, entropy and sustainability

Volume: 42, Issue: 4, Pages: 501 - 512
Published: Aug 1, 1997
Abstract
Neoclassical economics has only recently considered the problem of sustainability—how to provide for the well-being of future generations given ecological constraints. In general, the neoclassical economist perceives physical and ecological constraints on economy-environment interactions as inconveniences that will inevitably be overcome by substitution—the discovery of new economic resources or technologies allowing the conversion of...
Paper Details
Title
Economics, entropy and sustainability
Published Date
Aug 1, 1997
Volume
42
Issue
4
Pages
501 - 512
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