Entropy Law Reveals Unsustainable Economic Growth, Demands Radical Rethink
The article "The Entropy Law and the Economic Process" by N. Georgesgu-Roegen discusses how the concept of entropy impacts the economy. By analyzing the use of energy and resources in economic activities, the author discovered that the total entropy in the universe increases over time, leading to constraints on economic growth. This research suggests that the economic process is ultimately limited by the second law of thermodynamics, which controls the overall energy and resource use. The findings underscore the importance of sustainability and efficient resource management in economic systems, emphasizing the need to consider the growing entropy in all economic decisions.