Summary:
Economic theories of all persuasions have ignored the role of energy in production ever since Adam Smith’s Wealth of Nations was published, yet at the same time have attempted to answer the question of where the physical surplus of outputs over inputs (or the increase in utility caused by production) has come from. This lecture ...
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Economic theories of all persuasions have ignored the role of energy in production ever since Adam Smith’s Wealth of Nations was published, yet at the same time have attempted to answer the question of where the physical surplus of outputs over inputs (or the increase in utility caused by production) has come from. This lecture ...
Topics:
Steve Keen considers the following as important:
This could be interesting, too:
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