IDEAS home Printed from https://ideas.repec.org/b/wsi/wsbook/5819.html
   My bibliography  Save this book

The Physical Foundation of Economics:An Analytical Thermodynamic Theory

Author

Listed:
  • Jing Chen

    (University of Northern British Columbia, Canada)

Abstract

All human activities, including mental activities, are governed by physical laws and are essentially thermodynamic processes. However, current economic theories are not established on these foundations. This pioneering book seeks to develop an analytical theory of economics on the foundation of thermodynamic laws. A unified understanding of economic and social phenomena is presented, an understanding that is much simpler than what mainstream economic theory has to offer. Its aim is to revolutionize thinking in economics and transform social sciences into an integral part of the physical and biological sciences.

Individual chapters are listed in the "Chapters" tab

Suggested Citation

  • Jing Chen, 2005. "The Physical Foundation of Economics:An Analytical Thermodynamic Theory," World Scientific Books, World Scientific Publishing Co. Pte. Ltd., number 5819.
    • Handle: RePEc:wsi:wsbook:5819
    as

    Download full text from publisher

    File URL: https://www.worldscientific.com/worldscibooks/10.1142/5819
    Download Restriction: Ebook Access is available upon purchase
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Longhitano, Davide, 2012. "La Valutazione dei Servizi Ecosistemici. Proposta per un Approccio Termoeconomico," 2012 First Congress, June 4-5, 2012, Trento, Italy 124123, Italian Association of Agricultural and Applied Economics (AIEAA).
    2. Chen, Jing, 2018. "An entropy theory of value," Structural Change and Economic Dynamics, Elsevier, vol. 47(C), pages 73-81.
    3. Jing Chen, 2013. "Population, Migration, Living Standard and Social Pressure: A Modeling Approach from Thermodynamics," Interdisciplinary Description of Complex Systems - scientific journal, Croatian Interdisciplinary Society Provider Homepage: http://indecs.eu, vol. 11(3), pages 345-349.
    4. Jing Chen, 2005. "Imperfect Market or Imperfect Theory: A Unified Analytical Theory of Production and Capital Structure of Firms," Finance 0509009, University Library of Munich, Germany.
    5. Tony C. Scott & Madhusudan Therani & Xing M. Wang, 2017. "Data Clustering with Quantum Mechanics," Mathematics, MDPI, vol. 5(1), pages 1-17, January.
    6. Jing Chen & James K. Galbraith, 2023. "An entropy theory of value with reflections on the Arrow–Debreu model," Review of Evolutionary Political Economy, Springer, vol. 4(2), pages 221-247, July.
    7. Marco Casazza & Francesco Gonella & Gengyuan Liu & Antonio Proto & Renato Passaro, 2021. "Physical Constraints on Global Social-Ecological Energy System," Energies, MDPI, vol. 14(23), pages 1-25, December.
    8. Cameli, Simone Amato, 2023. "A complexity economics framework for 21st-century industrial policy," Structural Change and Economic Dynamics, Elsevier, vol. 64(C), pages 168-178.

    Book Chapters

    The following chapters of this book are listed in IDEAS

    More about this item

    Keywords

    Physical Foundation; Economics; Analytical Theory; Entropy; Value; Information; Production and Competition; Human Mind; Resource; Trade;
    All these keywords.

    JEL classification:

    • A1 - General Economics and Teaching - - General Economics
    • Q0 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - General

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:wsi:wsbook:5819. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Tai Tone Lim (email available below). General contact details of provider: http://www.worldscientific.com/page/worldscibooks .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.