||19 of 20 people found the following review helpful.| A Breath of Fresh Air for Economics|By Dick_Burkhart|This very readable advanced college text by Hall and Klitgaard lays out a scientific approach to economics. This is truly a breath of fresh air for a profession mired in simplistic concepts and models that often defy common sense and that sometimes lead to equally wrong-headed predictions and policies. A prime example wou|||From the reviews:|“This is an important book. It should also prove of use to many involved with energy-related issues, and to students … . main strength and argument of the book is indicated by its sub-title. … the importance of energy as
For the past 150 years, economics has been treated as a social science in which economies are modeled as a circular flow of income between producers and consumers. In this “perpetual motion” of interactions between firms that produce and households that consume, little or no accounting is given of the flow of energy and materials from the environment and back again. In the standard economic model, energy and matter are completely recycled in t...
[PDF.sz94] Energy and the Wealth of Nations: Understanding the Biophysical Economy Rating: 4.96 (778 Votes)
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You easily download any file type for your gadget.Energy and the Wealth of Nations: Understanding the Biophysical Economy | Charles A. S. Hall, Kent A. Klitgaard. I was recommended this book by a dear friend of mine.