Adiabatic Change - Economics as Thermodynamics

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Post #48,274 by deSitter 8/5/02 9:35:56 PM Reply	Adiabatic Change - Economics as Thermodynamics Just a nutball idea I had. So what is economic entropy? Free markets. The heat death is bartering on the nearest dusty corner. -drl
Post #48,330 by ben_tilly 8/6/02 6:56:02 AM Reply	The heat-death of economics... to my mind would be the point where the transaction overhead of keeping track of ownership exceeds the economic benefit of the same. My belief is that this happens a lot with copyrights, see open source for details. :-) Cheers, Ben "Perl is like vice grips. You can do anything with it, and it's the wrong tool for every job." --Unknown

Print some fricken money!!! - (tablizer) - (21) - Aug. 1, 2002, 11:36:57 PM EDT

Whoa whoa whoa, hold on that Tex! - (orion) - (12) - Aug. 2, 2002, 01:56:37 AM EDT

Not 0 versus a million - (tablizer) - (11) - Aug. 3, 2002, 11:27:41 PM EDT

You still have to pay for it - (orion) - (10) - Aug. 4, 2002, 12:39:54 AM EDT

Macroeconomics, monetary, and fiscal policy - (kmself) - (9) - Aug. 6, 2002, 02:54:04 AM EDT

Micronit. - (Another Scott) - (3) - Aug. 4, 2002, 10:31:51 AM EDT

"School" - (kmself) - (2) - Aug. 5, 2002, 05:54:25 AM EDT

Perhaps I should explain. - (Another Scott) - (1) - Aug. 5, 2002, 08:47:00 AM EDT

There's no use explaining - (kmself) - Aug. 6, 2002, 02:56:40 AM EDT

Looking at the 1930's - (tablizer) - Aug. 4, 2002, 02:53:45 PM EDT

Trouble with fiscal policy - (wharris2) - (3) - Aug. 5, 2002, 12:27:06 PM EDT

rainy-day fund - (tablizer) - (2) - Aug. 5, 2002, 06:41:36 PM EDT

Re: rainy-day fund - (wharris2) - (1) - Aug. 5, 2002, 08:57:18 PM EDT

Pork - (tablizer) - Aug. 6, 2002, 03:38:56 PM EDT

basic economic facts - (boxley) - (2) - Aug. 5, 2002, 02:05:33 PM EDT

re: cigarette example - (tablizer) - Aug. 5, 2002, 06:46:25 PM EDT

Wrong problem -- control point, not wealth itself - (kmself) - Aug. 6, 2002, 03:09:49 AM EDT

Printing money is just another accounting trick. - (marlowe) - (4) - Aug. 5, 2002, 02:41:02 PM EDT

*All* Finance Capitalism is accounting tricks. -NT - (deSitter) - Aug. 5, 2002, 07:14:15 PM EDT

This trick happens to matter though - (ben_tilly) - (2) - Aug. 5, 2002, 09:11:42 PM EDT

Adiabatic Change - Economics as Thermodynamics - (deSitter) - (1) - Aug. 5, 2002, 09:35:56 PM EDT

The heat-death of economics... - (ben_tilly) - Aug. 6, 2002, 06:56:02 AM EDT

Low-tech innovation with ordinary food items wins.
41 ms