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Georgescu-Roegen
Nicholas Georgescu-Roegen (born Nicolae Georgescu, 4 February 1906 – 30 October 1994) was a Romanian mathematician, statistician and economist. He is best known today for his 1971 ''The Entropy Law and the Economic Process'', in which he argued that all natural resources are irreversibly degraded when put to use in economic activity. A progenitor and a paradigm founder in economics, Georgescu-Roegen's work was decisive for the establishing of ecological economics as an independent academic sub-discipline in economics. Several economists have hailed Georgescu-Roegen as a man who lived well ahead of his time, and some historians of economic thought have proclaimed the ingenuity of his work. In spite of such appreciation, Georgescu-Roegen was never awarded the Nobel Prize in Economics, although benefactors from his native Romania were lobbying for it on his behalf. After Georgescu-Roegen's death, his work was praised by a surviving friend of the highest rank: Prominent Keynes ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Herman Daly
Herman Edward Daly (July 21, 1938 – October 28, 2022) was an American ecological and Georgist economist and professor at the School of Public Policy of University of Maryland, College Park in the United States, best known for his time as a senior economist at the World Bank from 1988 to 1994. In 1996, he was awarded the Right Livelihood Award for "defining a path of ecological economics that integrates the key elements of ethics, quality of life, environment and community." Life and work Dale was born in Houston, Texas in 1938. Before joining the World Bank, Daly was a research associate at Yale University, and Alumni Professor of Economics at Louisiana State University. Daly was Senior Economist in the Environment Department of the World Bank, where he helped to develop policy guidelines related to sustainable development. While there, he was engaged in environmental operations work in Latin America. He is closely associated with theories of a steady-state economy. ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Joseph Schumpeter
Joseph Alois Schumpeter (; February 8, 1883 – January 8, 1950) was an Austrian-born political economist. He served briefly as Finance Minister of German-Austria in 1919. In 1932, he emigrated to the United States to become a professor at Harvard University, where he remained until the end of his career, and in 1939 obtained American citizenship. Schumpeter was one of the most influential economists of the early 20th century, and popularized the term "creative destruction", which was coined by Werner Sombart. Early life and education Schumpeter was born in Triesch, Habsburg Moravia (now Třešť in the Czech Republic, then part of Austria-Hungary) in 1883 to German-speaking Catholic parents. Both of his grandmothers were Czech. Schumpeter did not acknowledge his Czech ancestry; he considered himself an ethnic German. His father owned a factory, but he died when Joseph was only four years old. In 1893, Joseph and his mother moved to Vienna. Schumpeter was a loyal supporter of ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Jeremy Rifkin
Jeremy Rifkin (born January 26, 1945) is an American economic and social theorist, writer, public speaker, political advisor, and activist. Rifkin is the author of 23 books about the impact of scientific and technological changes on the economy, the workforce, society, and the environment. His most recent books include ''The Age of Resilience'' (2022), ''The Green New Deal'' (2019), ''The Zero Marginal Cost Society'' (2014), '' The Third Industrial Revolution'' (2011), '' The Empathic Civilization'' (2010), and '' The European Dream'' (2004). Rifkin is the principal architect of the "Third Industrial Revolution" long-term economic sustainability plan to address the triple challenge of the global economic crisis, energy security, and climate change. The Third Industrial Revolution (TIR) was formally endorsed by the European Parliament in 2007. ''The Huffington Post'' reported from Beijing in October 2015 that "Chinese Premier Li Keqiang has not only read Jeremy Rifkin's book, ''T ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Biophysical Economics
Thermoeconomics, also referred to as biophysical economics, is a school of heterodox economics that applies the laws of statistical mechanics to economic theory. Thermoeconomics can be thought of as the statistical physics of economic value and is a subfield of econophysics. It is the study of the ways and means by which human societies procure and use energy and other biological and physical resources to produce, distribute, consume and exchange goods and services, while generating various types of waste and environmental impacts. Biophysical economics builds on both social sciences and natural sciences to overcome some of the most fundamental limitations and blind spots of conventional economics. It makes it possible to understand some key requirements and framework conditions for economic growth, as well as related constraints and boundaries. Thermodynamics ''"Rien ne se perd, rien ne se crée, tout se transforme"'' ''"Nothing is lost, nothing is created, everything is tr ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Karl Pearson
Karl Pearson (; born Carl Pearson; 27 March 1857 – 27 April 1936) was an English mathematician and biostatistician. He has been credited with establishing the discipline of mathematical statistics. He founded the world's first university statistics department at University College, London in 1911, and contributed significantly to the field of biometrics and meteorology. Pearson was also a proponent of social Darwinism, eugenics and scientific racism. Pearson was a protégé and biographer of Sir Francis Galton. He edited and completed both William Kingdon Clifford's ''Common Sense of the Exact Sciences'' (1885) and Isaac Todhunter's ''History of the Theory of Elasticity'', Vol. 1 (1886–1893) and Vol. 2 (1893), following their deaths. Biography Pearson was born in Islington, London into a Quaker family. His father was William Pearson QC of the Inner Temple, and his mother Fanny (née Smith), and he had two siblings, Arthur and Amy. Pearson attended University College Scho ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
University Of Bucharest
The University of Bucharest ( ro, Universitatea din București), commonly known after its abbreviation UB in Romania, is a public university founded in its current form on by a decree of Prince Alexandru Ioan Cuza to convert the former Princely Academy into the current University of Bucharest, making one of the oldest modern Romanian universities. It is one of the five members of the ''Universitaria Consortium'' (the group of elite Romanian universities). The University of Bucharest offers study programmes in Romanian and English and is classified as an ''advanced research and education university'' by the Ministry of Education. In the 2012 QS World University Rankings, it was included in the top 700 universities of the world, together with three other Romanian universities. History The University of Bucharest was founded by the Decree no. 765 of 4 July 1864 by Alexandru Ioan Cuza and is a leading academic centre and a significant point of reference in society. The Unive ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Utility Theory
As a topic of economics, utility is used to model worth or value. Its usage has evolved significantly over time. The term was introduced initially as a measure of pleasure or happiness as part of the theory of utilitarianism by moral philosophers such as Jeremy Bentham and John Stuart Mill. The term has been adapted and reapplied within neoclassical economics, which dominates modern economic theory, as a utility function that represents a single consumer's preference ordering over a choice set but is not comparable across consumers. This concept of utility is personal and based on choice rather than on pleasure received, and so is specified more rigorously than the original concept but makes it less useful (and controversial) for ethical decisions. Utility function Consider a set of alternatives among which a person can make a preference ordering. The utility obtained from these alternatives is an unknown function of the utilities obtained from each alternative, not the sum of ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Paris Institute Of Statistics
Institut de Statistiques de l'Université de Paris (ISUP, roughly translated as "Paris Institute of Statistics" or literally to "Institute of Statistics of the University of Paris") is a graduate school of statistics based in Paris, in the fifth arrondissement. It offers specializations in actuarial sciences (finance and insurance), Biostatistics as well as industry and services. The ISUP is considered one of the most prestigious centers of learning of statistics in France, reflected in the number of job offers received regularly, the strength of its alumni network, and wages offered to its students out of school, which place it in the "top 15-ranked" French Grandes Ecoles Founded in 1922 by the mathematician Émile Borel, is the oldest and one of the most prestigious schools for statistics in France. The institute is currently affiliated to Sorbonne University and located on the campus of Jussieu. History Origin The ISUP is the oldest training statistics in France: it was ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Rudolf Clausius
Rudolf Julius Emanuel Clausius (; 2 January 1822 – 24 August 1888) was a German physicist and mathematician and is considered one of the central founding fathers of the science of thermodynamics. By his restatement of Sadi Carnot's principle known as the Carnot cycle, he gave the theory of heat a truer and sounder basis. His most important paper, "On the Moving Force of Heat", published in 1850, first stated the basic ideas of the second law of thermodynamics. In 1865 he introduced the concept of entropy. In 1870 he introduced the virial theorem, which applied to heat. Life Clausius was born in Köslin (now Koszalin, Poland) in the Province of Pomerania in Prussia. His father was a Protestant pastor and school inspector, and Rudolf studied in the school of his father. In 1838, he went to the Gymnasium in Stettin. Clausius graduated from the University of Berlin in 1844 where he had studied mathematics and physics since 1840 with, among others, Gustav Magnus, Peter Gustav Le ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Ernst Mach
Ernst Waldfried Josef Wenzel Mach ( , ; 18 February 1838 – 19 February 1916) was a Moravian-born Austrian physicist and philosopher, who contributed to the physics of shock waves. The ratio of one's speed to that of sound is named the Mach number in his honour. As a philosopher of science, he was a major influence on logical positivism and American pragmatism. Through his criticism of Newton's theories of space and time, he foreshadowed Einstein's theory of relativity. Biography Mach was born in Chrlice (german: Chirlitz), Moravia (then in the Austrian Empire, now part of Brno in the Czech Republic). His father, who had graduated from Charles-Ferdinand University in Prague, acted as tutor to the noble Brethon family in Zlín in eastern Moravia. His grandfather, Wenzl Lanhaus, an administrator of the Chirlitz estate, was also master builder of the streets there. His activities in that field later influenced Ernst Mach's theoretical work. Some sources give Mach's birthplac ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Maurice Allais
Maurice Félix Charles Allais (31 May 19119 October 2010) was a French physicist and economist, the 1988 winner of the Nobel Memorial Prize in Economic Sciences "for his pioneering contributions to the theory of markets and efficient utilization of resources", along with John Hicks (Value and Capital, 1939) and Paul Samuelson (The Foundations of Economic Analysis, 1947), to neoclassical synthesis. They formalize the self-regulation of markets, that Keynes refuted, while reiterating some of his ideas. Born in Paris, France, Allais attended the Lycée Lakanal, graduated from the École Polytechnique in Paris and studied at the École nationale supérieure des mines de Paris. His academic and other posts have included being Professor of Economics at the École Nationale Supérieure des Mines de Paris (since 1944) and Director of its Economic Analysis Centre (since 1946). In 1949, he received the title of doctor-engineer from the University of Paris, Faculty of Science. He also held t ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Constanța
Constanța (, ; ; rup, Custantsa; bg, Кюстенджа, Kyustendzha, or bg, Констанца, Konstantsa, label=none; el, Κωνστάντζα, Kōnstántza, or el, Κωνστάντια, Kōnstántia, label=none; tr, Köstence), historically known as Tomis ( grc, Τόμις), is the oldest continuously inhabited city in Romania, founded around 600 BC, and among the oldest in Europe. A port-city, it is located in the Northern Dobruja region of Romania, on the Black Sea coast. It is the capital of Constanța County and the largest city in the historical region of Dobrogea. Romania’s fifth largest city, it is also the largest port on the Black Sea. As of the 2011 census, Constanța has a population of 283,872. The Constanța metropolitan area includes 14 localities within of the city. It is one of the largest metropolitan areas in Romania. The Port of Constanța has an area of and a length of about . It is the largest port on the Black Sea, and one of the larges ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
