The Economic Growth Engine: How Energy and Work Drive Material Prosperity
by Ayers and Warr
Describes the economy in thermodynamic terms, as a materials processing machine, in contrast with neoclassical models of abstract "factors of production". Does a deep dive on examining what technological progress is and how it happens. I don't agree with everything in it but the perspective is unique and highly thought provoking.
Describes the economy in thermodynamic terms, as a materials processing machine, in contrast with neoclassical models of abstract "factors of production". Does a deep dive on examining what technological progress is and how it happens. I don't agree with everything in it but the perspective is unique and highly thought provoking.
https://www.amazon.com/Economic-Growth-Engine-Prosperity-Int...