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Nicholas 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 Masterpiece, magnum opus ''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 List of people considered father or mother of a scientific field, progenitor and a Paradigm shift#Kuhnian paradigm shifts, paradigm founder in economics, Georgescu-Roegen's work was decisive for the establishing of ecological economics as an independent academic sub-discipline in economics. In the history of economic thought, Georgescu-Roegen was the first economist of some standing to theorise on the premise that all of earth's Mineral, mineral resources will eventually be exhausted at some indeterminate future point. In #Magnum opus on The Entropy Law and the Economic Process, his paradigmatic magnum opus, Georgescu-Ro ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Constanța
Constanța (, , ) is a city in the Dobruja Historical regions of Romania, historical region of Romania. A port city, it is the capital of Constanța County and the country's Cities in Romania, fourth largest city and principal port on the Black Sea coast. It is also the oldest continuously inhabited city in the region, founded around 600 BC, and among the List of oldest continuously inhabited cities, oldest in Europe. As of the 2021 Romanian census, 2021 census, Constanța has a population of 263,688. The Constanța metropolitan area includes 14 localities within of the city. It is one of the largest metropolitan areas in Romania. Ethnic Romanians became a majority in the city in the early 20th century. The city still has small Tatars, Tatar and Greek people, Greek communities, which were substantial in previous centuries, as well as Turkish people, Turkish and Romani people, Romani residents, among others. Constanța has a rich multicultural heritage, as, throughout history, ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Utility Theory
In economics, utility is a measure of a certain person's satisfaction from a certain state of the world. Over time, the term has been used with at least two meanings. * In a Normative economics, normative context, utility refers to a goal or objective that we wish to maximize, i.e., an objective function. This kind of utility bears a closer resemblance to the original Utilitarianism, utilitarian concept, developed by moral philosophers such as Jeremy Bentham and John Stuart Mill. * In a Positive economics, descriptive context, the term refers to an ''apparent'' objective function; such a function is Revealed preference, revealed by a person's behavior, and specifically by their preferences over Lottery (decision theory), lotteries, which can be any quantified choice. The relationship between these two kinds of utility functions has been a source of controversy among both Economics, economists and Ethics, ethicists, with most maintaining that the two are distinct but generally re ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Magnum Opus On The Entropy Law And The Economic Process
''Magnum'' is a Latin word meaning "great". Magnum may also refer to: Businesses and organizations * Magnum Research, a firearms maker * Magnum Semiconductor, a spin-off of Cirrus Logic * Magnum Photos, a photojournalist cooperative * Magnum Berhad, a Malaysian gaming company Art and entertainment Music * Jeff Magnum, former bassist of the Dead Boys * Magnum (band), English rock band * Magnum (band), Latin-tinged Southern California funk band Magnum, first album "Fully Loaded" (1974) * Magnum (musician) (born 1973), stage name of Sami Wolking * ''Magnum Force'' (album), the second album from hip hop duo Heltah Skeltah Other uses in arts and entertainment * Magnum, a fictional characters and commander of the Autobots * Magnum, a member of the Elementals in Marvel Comics *'' Magnum, P.I.'', a 1980s American crime drama television series ** Thomas Magnum, the lead character ** ''Magnum P.I.'' (2018 TV series), its reboot * '' Magnum Force'', the 2nd of five Dirty Harry mov ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Mineral
In geology and mineralogy, a mineral or mineral species is, broadly speaking, a solid substance with a fairly well-defined chemical composition and a specific crystal structure that occurs naturally in pure form.John P. Rafferty, ed. (2011): Minerals'; p. 1. In the series ''Geology: Landforms, Minerals, and Rocks''. Rosen Publishing Group. The Geology, geological definition of mineral normally excludes compounds that occur only in living organisms. However, some minerals are often biogenic (such as calcite) or organic compounds in the sense of chemistry (such as mellite). Moreover, living organisms often synthesize inorganic minerals (such as hydroxylapatite) that also occur in rocks. The concept of mineral is distinct from rock (geology), rock, which is any bulk solid geologic material that is relatively homogeneous at a large enough scale. A rock may consist of one type of mineral or may be an aggregate (geology), aggregate of two or more different types of minerals, spaci ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Earth
Earth is the third planet from the Sun and the only astronomical object known to Planetary habitability, harbor life. This is enabled by Earth being an ocean world, the only one in the Solar System sustaining liquid surface water. Almost all of Earth's water is contained in its global ocean, covering Water distribution on Earth, 70.8% of Earth's crust. The remaining 29.2% of Earth's crust is land, most of which is located in the form of continental landmasses within Earth's land hemisphere. Most of Earth's land is at least somewhat humid and covered by vegetation, while large Ice sheet, sheets of ice at Polar regions of Earth, Earth's polar polar desert, deserts retain more water than Earth's groundwater, lakes, rivers, and Water vapor#In Earth's atmosphere, atmospheric water combined. Earth's crust consists of slowly moving tectonic plates, which interact to produce mountain ranges, volcanoes, and earthquakes. Earth's outer core, Earth has a liquid outer core that generates a ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
History Of Economic Thought
The history of economic thought is the study of the philosophies of the different thinkers and theories in the subjects that later became political economy and economics, from the ancient world to the present day. This field encompasses many disparate schools of economic thought. Ancient Greek writers such as the philosopher Aristotle examined ideas about the art of wealth acquisition, and questioned whether property is best left in private or public hands. In the Middle Ages, Thomas Aquinas argued that it was a Morality, moral obligation of businesses to sell goods at a just price. In the Western world, economics was not a separate discipline, but part of Philosophy and economics, philosophy until the 18th–19th century Industrial Revolution and the 19th century Great Divergence, which accelerated economic growth. Ancient economic thought (before 500 AD) Ancient Greece Hesiod active 750 to 650 BC, a Boeotian who wrote the earliest known work concerning the basic origins of ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Economics
Economics () is a behavioral science that studies the Production (economics), production, distribution (economics), distribution, and Consumption (economics), consumption of goods and services. Economics focuses on the behaviour and interactions of Agent (economics), economic agents and how economy, economies work. Microeconomics analyses what is viewed as basic elements within economy, economies, including individual agents and market (economics), markets, their interactions, and the outcomes of interactions. Individual agents may include, for example, households, firms, buyers, and sellers. Macroeconomics analyses economies as systems where production, distribution, consumption, savings, and Expenditure, investment expenditure interact; and the factors of production affecting them, such as: Labour (human activity), labour, Capital (economics), capital, Land (economics), land, and Entrepreneurship, enterprise, inflation, economic growth, and public policies that impact gloss ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Paradigm Shift
A paradigm shift is a fundamental change in the basic concepts and experimental practices of a scientific discipline. It is a concept in the philosophy of science that was introduced and brought into the common lexicon by the American physicist and philosopher Thomas Kuhn. Even though Kuhn restricted the use of the term to the natural sciences, the concept of a paradigm shift has also been used in numerous non-scientific contexts to describe a profound change in a fundamental model or perception of events. Kuhn presented his notion of a paradigm shift in his influential book ''The Structure of Scientific Revolutions'' (1962). Kuhn contrasts paradigm shifts, which characterize a Scientific Revolution, to the activity of normal science, which he describes as scientific work done within a prevailing framework or paradigm. Paradigm shifts arise when the dominant paradigm under which normal science operates is rendered incompatible with new phenomena, facilitating the adoption of a ne ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
List Of People Considered Father Or Mother Of A Scientific Field
The following is a list of people who are considered a "father" or "mother" (or "founding father" or "founding mother") of a scientific field. Such people are generally regarded to have made the first significant contributions to and/or delineation of that field; they may also be seen as "''a''" rather than "''the''" father or mother of the field. Debate over who merits the title can be perennial. Science as a whole Natural sciences Biology Chemistry Earth sciences Medicine and physiology Physics and astronomy Formal sciences Mathematics Systems theory Social sciences Economics Schools of thought Theories See also * Founders of statistics Notes References {{DEFAULTSORT:People considered father or mother of a scientific field *list ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Natural Resource
Natural resources are resources that are drawn from nature and used with few modifications. This includes the sources of valued characteristics such as commercial and industrial use, aesthetic value, scientific interest, and cultural value. On Earth, it includes sunlight, atmosphere, water, land, all minerals along with all vegetation, and wildlife. Natural resources are part of humanity's natural heritage or protected in nature reserves. Particular areas (such as the rainforest in Fatu-Hiva) often feature biodiversity and geodiversity in their ecosystems. Natural resources may be classified in different ways. Natural resources are materials and components (something that can be used) found within the environment. Every man-made product is composed of natural resources (at its fundamental level). A natural resource may exist as a separate entity such as freshwater, air, or any living organism such as a fish, or it may be transformed by extractivist industries into an e ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Masterpiece
A masterpiece, , or ; ; ) is a creation that has been given much critical praise, especially one that is considered the greatest work of a person's career or a work of outstanding creativity, skill, profundity, or workmanship. Historically, a "masterpiece" was a work of a very high standard produced by an apprentice to obtain full membership, as a "master", of a guild or academy in various areas of the visual arts and crafts. Etymology The form ''masterstik'' is recorded in English or Scots in a set of Aberdeen guild regulations dated to 1579, whereas ''masterpiece'' is first found in 1605, already outside a guild context, in a Ben Jonson play. ''Masterprize'' was another early variant in English. In English, the term rapidly became used in a variety of contexts for an exceptionally good piece of creative work, and was "in early use, often applied to man as the 'masterpiece' of God or Nature". History Originally, the term ''masterpiece'' referred to a piece of work ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Ecological Economics
Ecological economics, bioeconomics, ecolonomy, eco-economics, or ecol-econ is both a transdisciplinary and an interdisciplinary field of academic research addressing the interdependence and coevolution of human economy, economies and natural ecosystems, both intertemporally and spatially. By treating the economy as a subsystem of Earth's larger ecosystem, and by emphasizing the preservation of natural capital, the field of ecological economics is differentiated from environmental economics, which is the mainstream economics, mainstream economic analysis of the environment. One survey of German economists found that ecological and environmental economics are different schools of economic thought, with ecological economists emphasizing strong sustainability and rejecting the proposition that Physical capital, physical (human-made) capital can substitute for natural capital (see the section on #Weak versus strong sustainability, weak versus strong sustainability below). Ecological ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
