nicholas georgescu roegen - are the least action principle and other economics laws
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Nicholas Georgescu Roegen - Are the Least Action Principle and Other Economics Laws Laws of Nature Article by the writer of The Entropy Law and the Economic Process , often quoted by prof. Bernard Lietaer. A principal contribution to economics by Georgescu-Roegen was the concept of entropy from thermodynamics (as distinguished from the mechanistic foundation of neoclassical economics drawn from Newtonian physics), as well as foundational work which later developed into evolutionary economics. His work contributed significantly to bioeconomics and to ecological economics
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