Energy, Complexity and Wealth Maximization

• Main Author: Ayres, Robert (Author)
• Corporate Author: SpringerLink (Online service)
• Format: Electronic eBook
• Language: English
• Published: Cham : Springer International Publishing : Imprint: Springer, 2016.
• Series: The Frontiers Collection,
• Subjects: Physics.; Energy policy.; Energy and state.; Thermodynamics.; Sociophysics.; Econophysics.; Economics.; Natural resources.; Socio- and Econophysics, Population and Evolutionary Models.; Energy Policy, Economics and Management.; Economic Systems.; Natural Resource Economics.

This book is about the mechanisms of wealth creation, or what we like to think of as evolutionary “progress”. For the modern economy, natural wealth consists of complex physical structures of condensed (“frozen”) energy – mass - maintained in the earth’s crust far from thermodynamic equilibrium. How...