Ecological economics
Videos
Ecological economics, bioeconomics, ecolonomy, eco-economics, or ecol-econ is both a transdisciplinary and an interdisciplinary field of academic research addressing the interdependence and coevolutio
Conceptual diagram illustrating the idea that the marginal costs of economic growth could surpass its marginal benefits.
Exergy analysis can be performed to find connections between economic value and the physical world. Here the costs of heating (vertical axis) are compared with the exergy content of different energy carriers (horizontal axis). Red dots and trend line indicate energy prices for consumers, blue dots and trend line indicate total price for consumers including capital expenditure for the heating system. Energy carriers included are district heating (D), ground-source heat pump (G), exhaust air heat pump (A), bioenergy meaning firewood (B), heating oil (O) and direct electric heating (E).
The Blue Marble, AS17 148 22727
Nicholas Georgescu-Roegen
Videos
Nicholas Georgescu-Roegen was a Romanian mathematician, statistician and economist. He is best known today for his 1971 magnum opus The Entropy Law and the Economic Process, in which he argued that al
Ecological economics
…Georgescu-Roegen and Herman Daly. European predecessors of ecological economics include K. William Kapp (1950) Karl Polanyi (1944), and Romanian economist Nicholas Georgescu-Roegen (1971). Georgescu-Roegen, who would later mentor Herman Daly at Vanderbilt University, provided ecological economics with a modern conceptual framework…
Nicholas Georgescu-Roegen as he appears in a 1974 newspaper
City of Constanța in 1909
University of Bucharest c. 1921
Pearson's field of interests coincided with Georgescu-Roegen's own.