The physical foundation of economics : an analytical thermodynamic theory / Jing Chen.

Format:

Book

Author/Creator:

Chen, Jing, 1966-

Language:

English

Subjects (All):

Thermodynamics--Economic aspects.

Thermodynamics.

Economics--Scientific applications.

Economics.

Physical Description:

1 online resource (147 p.)

Edition:

1st ed.

Place of Publication:

New Jersey : World Scientific Pub., c2005.

Language Note:

English

Summary:

All human activities, including mental activities, are governed by physical laws and are essentially thermodynamic processes. However, current economic theories are not established on these foundations. This pioneering book seeks to develop an analytical theory of economics on the foundation of thermodynamic laws. A unified understanding of economic and social phenomena is presented, an understanding that is much simpler than what mainstream economic theory has to offer. Its aim is to revolutionize thinking in economics and transform social sciences into an integral part of the physical and bi

Contents:

Contents; Preface; 1. The Entropy Theory of Human Mind; 2. The Entropy Theory of Value; 3. Production and Competition: An Analytical Thermodynamic Theory; 4. Natural Resources, Technology and Institutions: A Historical Perspective; 5. Migration, Trade, Education and Fertility: A Spatial Perspective; 6. From Modern Astronomy to Modern Finance: A New Theory of Finance; Epilogue: Mathematics, Beauty and Reality; Bibliography; Index

Notes:

Description based upon print version of record.

Includes bibliographical references (p. 123-130) and index.

ISBN:

9786611372941

9781281372949

1281372943

9789812703415

9812703411

OCLC:

476064175