Kent Klitgaard: 2 books
Energy and the Wealth of Nations
An Introduction to Biophysical Economics
Language: English
Release Date: March 5, 2018
In this updated edition of a groundbreaking text, concepts such as energy return on investment (EROI) provide powerful insights into the real balance sheets that drive our “petroleum economy.” Hall and Klitgaard explore the relation between energy and the wealth explosion of the 20th century,...
Energy and the Wealth of Nations
Understanding the Biophysical Economy
Language: English
Release Date: October 27, 2011
For the past 150 years, economics has been treated as a social science in which economies are modeled as a circular flow of income between producers and consumers. In this “perpetual motion” of interactions between firms that produce and households that consume, little or no accounting is given...