Saturday, October 24, 2009

Traditional Economics goes against the laws of Physics

This is a great article about why “Neoclassical economics is inconsistent with the laws of thermodynamics”, and introduces the new “biophysical economics”. Frank

http://www.nytimes.com/gwire/2009/10/23/23greenwire-new-school-of-thought-brings-energy-to-the-dis-63367.html?pagewanted=2

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