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The Economic Growth Engine: How Energy and Work Drive Material Prosperity

By Robert U. Ayres, Benjamin Warr
Hardcover
$142.00
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$284.00
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By Robert U. Ayres, Benjamin Warr
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The historic link between output (GDP) growth and employment has weakened. Since there is no quantitively verifiable economic theory to explain past growth, this unique book explores the fundamental relationship between thermodynamics (physical work) and economics.

The authors take a realistic approach to explaining the relationship between technological progress, thermodynamic efficiency and economic growth. Their findings are a step toward the integration of neo-classical and evolutionary...

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