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Review The Second Law of Economics Energy Entropy and the Origins of Wealth The Frontiers Collection by Reiner K uuml mmel

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Nothing happens in the world without energy conversion and entropy production.  These fundamental natural laws are familiar to most of us when applied to the evolution of stars, biological processes, or the working of an internal combustion engine, but what about industrial economies and wealth production, or their constant companion, pollution?  Does economics conform to the First and the Second  Law of Thermodynamics?  In this important book, Reiner Kümmel takes us on a fascinating tour of these laws and their influence on natural, technological, and social evolution.  Analyzing economic growth in Germany, Japan, and the United States in ligh

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Book ID Asin: B00F5UC8GE
Book Title: The Second Law of Economics: Energy, Entropy, and the Origins of Wealth (The Frontiers Collection)
Book Author: Reiner Kümmel
Book Format and Price:
Book Format Name: Kindle
Book Format Price: $15.53-$44.99
Book Format Name: Hardcover
Book Format Price: $81.53-$96.00
Book Format Name: Paperback
Book Format Price: $59.99
Book Price: $40.04
Book Category: Kindle Store, Kindle eBooks, Science & Math and unknown
Book Rating: 2 ratings

The Second Law of Economics: Energy, Entropy, and the Origins of Wealth (The Frontiers Collection) by Reiner Kümmel Book Review

Name: someonesomewhere
Rating: 4.0 out of 5 stars
Title: More than a textbook, a treatise
Date: Reviewed in the United States 🇺🇸 on January 2, 2013
Review: Heir Kummel lays out, in simple, elegant, definite terms, the relationship between energy, entropy, and macroeconomics. The chapter entitled Energy - in which Reiner develops and derives the differential equations relating technology, energy cost, entropy, and production - reads like a mathematical climax, and is, in this Energy Engineer's opinion, an important step forward in the understanding of energy economics. I found parts of the text overly wordy at points, and too much attention is given to a case study PRIOR to developing the theory. In a next edition, I would like to see a reorganization of the material, and more examples of the use of the equations developed.

Quynton J. McDonald, BSREE

Name: Tomaž Schara
Rating: 4.0 out of 5 stars
Title: Homo œconomicus takes humans out off the theory of modern economics.
Date: Reviewed in the United States 🇺🇸 on September 24, 2019
Review: Why would anyone think and believe that the phenomenon, the economy, is driven by anything less than the human beings with all the complexity of their mind, emotions and soul?
Homo œconomicus takes humans out off the theory of modern economics. So who runs the economy? Humans, artificial inteligence or homo œconomicus?