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The Thermo-Economic 'Progress' of Social/Global Poverty

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  • Ternyik, Stephen I.

Abstract

The statistical method, based on physical and observable quantities, can very precisely describe universal patterns of human progress and poverty, in terms of money, energy and wealth distribution over time. This research proposal points to the non-natural root cause of all social inequalities in the empirical history of human civilization and possible economic remedies. Poverty is not a natural phenomenon, but the economic result of the human privatization of nature.

Suggested Citation

  • Ternyik, Stephen I., 2016. "The Thermo-Economic 'Progress' of Social/Global Poverty," MPRA Paper 75067, University Library of Munich, Germany.
  • Handle: RePEc:pra:mprapa:75067
    as

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    File URL: https://mpra.ub.uni-muenchen.de/75067/1/MPRA_paper_75067.PDF
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    References listed on IDEAS

    as
    1. Anand Banerjee & Victor M. Yakovenko, 2009. "Universal patterns of inequality," Papers 0912.4898, arXiv.org, revised Apr 2010.
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    More about this item

    Keywords

    rent; capital; thermo-economics; economic cycles; singularity; progress; poverty;
    All these keywords.

    JEL classification:

    • B41 - Schools of Economic Thought and Methodology - - Economic Methodology - - - Economic Methodology

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