What concept is central to Georgescu-Roegen's work?
Entropy
Relativity
Quantum entanglement
Supply and demand
Answer
Entropy, a measure of disorder, is central to Georgescu-Roegen's work. He argued that economic processes inevitably increase entropy, leading to resource depletion and environmental degradation. This concept challenges the traditional view of economic growth as limitless and highlights the need for sustainable practices that minimize entropy production.
Nicholas Georgescu-Roegen Knowledge Showdown: 31 Questions to Prove Your Worth
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