The History and Future of Economics

by Robert U. Ayres

Book Overview

The purpose of this book is three-fold. The first purpose is to posit that the fundamental substance of the universe is energy, and that energy is required (consumed) for any material transformation, or information transmission. The labor theory of value, articulated by the physiocrats and elaborated by Adam Smith, David Ricardo, J.B. Say and Karl Marx was a rough first approximation of the value creation process, in the 17th and 18th centuries,...

• Format: Hardcover
• Language: English
• ISBN: 3031262077
• ISBN13: 9783031262074
• Release Date: April 2023
• Publisher: Springer
• Length: 402 Pages
• Weight: 1.85 lbs.
• Dimensions: 1.0" x 6.3" x 9.4"