Is the Entropy Law Relevant to the Economics of Natural Resource Scarcity?: Comment
Author(s)
Townsend, Kenneth N.
Abstract
Jeffrey T. Young’s critique of the work of Nicholas Georgescu-Roegen and Herman E. Daly questions the relevance of the entropy law for economic analysis and provides a concise, faithful summary of the positions of Georgescu-Roegen and Daly. Along the way,
