Georgescu-Roegen, Nicholas
Published: March 3, 2008, 3:42 pm
Updated: March 3, 2008, 3:42 pm
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.
Further Reading
Nicholas Georgescu-Roegen - Biography (The History of Economic Thought Website)
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Citation
Cutler J. 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 20, 2013 <http://www.eoearth.org/article/Georgescu-Roegen,_Nicholas>
The Author
Cutler J. Cleveland is Professor of Earth and Environment at Boston University, where he also is on the faculty of the Center for Energy and Environmental Studies. Professor Cleveland is Editor-in-Chief of the Encyclopedia of Energy (Elsevier, 2004), winner of an American Library Association award, the Dictionary of Energy (Elsevier, 2005), Handbook of Energy (Elsevier, forthcoming), and is the Founding Editor-in-Chief of the Encyclopedia of Earth. He is the recipient of the Adelma ... (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.
Further Reading
Nicholas Georgescu-Roegen - Biography (The History of Economic Thought Website)
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