Georgescu-Roegen, Nicholas

Lead Author: Cutler J. Cleveland (other articles)
Article Topics: Energy people, Environmental economics, Environmental chemistry and Business and the environment
This article has been reviewed and approved by the following Topic Editor: Tom Lawrence (other articles)
Last Updated: March 3, 2008

Nicholas Georgescu-Roegen (1906-1994), a Romanian-born mathematician and economist, was the first to formally demonstrate the thermodynamic foundations of the economic process. In 1971, he published The Entropy Law and the Economic Process, in which the second law of thermodynamics plays a central role in production theory, with implications for the sustainability of economic growth. Although generally ignored by mainstream economics, this work became a cornerstone for the fields of ecological and evolutionary economics.

Further Reading
Nicholas Georgescu-Roegen - Biography (The History of Economic Thought Website)

Citation
Cleveland, Cutler (Lead Author); Tom Lawrence (Topic Editor). 2008. "Georgescu-Roegen, Nicholas." In: Encyclopedia of Earth. Eds. Cutler J. Cleveland (Washington, D.C.: Environmental Information Coalition, National Council for Science and the Environment). [First published in the Encyclopedia of Earth December 22, 2006; Last revised March 3, 2008; Retrieved April 29, 2008]. <http://www.eoearth.org/article/Georgescu-Roegen,_Nicholas>
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