This article has been reviewed by the following Topic Editor: Tom Lawrence
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.
Cutler Cleveland (Lead Author);Tom Lawrence (Topic Editor) "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 March 3, 2008; Last revised Date March 3, 2008; Retrieved May 26, 2012 <http://www.eoearth.org/article/Georgescu-Roegen,_Nicholas>
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The Encyclopedia of Earth Cutler J. Cleveland is the founding Editor-in-Chief of the Encyclopedia of Earth. Dr. Cleveland is currently a Professor in the Department of Geography and Environment at Boston University, with joint appointments in the Center for Energy and Environmental Studies and the Pardee Center for the Study of the Longer Range Future. He also is a Senior Fellow at the National Council for Science and the Environment in Washington D.C. Dr. Cleveland is als ... (Full Bio)
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.
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