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Energy, Complexity and Wealth Maximization (The Frontiers Collection)
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Review
“Ayres does a great job in ‘explaining energy or entropy to otherwise educated people’ … which was the starting point of this book. He not only illustrates the physical basics of thermodynamics in a very comprehensible way for non-physicists, but also points out the importance of energy for the evolution of mankind. Therefore, (energy) economists as well as people interested in the interdependency between physics, technology and economics will certainly enjoy reading this book.†(Daniel Nachtigall, Journal of Economics, Vol. 121, 2017)
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Review
“Economists and physicists, like oil and water, resist mixing, sadly to the detriment of useful human knowledge. Bob Ayres is the rare combination of a physicist and a resource economist, giving him a unique understanding of the importance of useful energy services to all of life. This unique understanding is critical to the massive challenge human kind now faces – how to ‘power’ continued wealth creation without destroying the planet we call home. This book will almost certainly alter the way we approach this great challenge.†(Thomas R. Casten, Chair, Recycled Energy Development LLC) “This is a must read for those who wish to understand what we've got wrong in our contemporary development paradigm and how we can fix it. By far the most important book in years that will reshape physics the way Darwin and Einstein have done, and will hopefully reshape economics too!†(Dr. Stefanos Fotiou, Director of the Environment and Development Division, UNEP) “Bob Ayres is among the pioneers of this biophysical approach to economics, which may prove to be the most fruitful innovation in economics since Keynes. This extraordinary book crosses disciplinary boundaries to takes a broad, evolutionary perspective on human societies as thermodynamical dissipative structures. As natural resources become scarce and quality declines, knowledge is the one ingredient that may save us from following a path analogous to supernovae explosions. At a time when most economists confine themselves to partial and local micro-explanations, Ayres provides a big-picture understanding of the forces that underlie our current economic paradoxes.†(Gaël Giraud, Professor of Economics, Ecole Normale Superieur (Paris), and chief economist, Agence Francais pour Developpement) “This magisterial synthesis traces the evolution of order and complexity from the Big Bang to Big Data to Big Dangers ahead. The book delineates the urgent collective challenge of making the ‘great transition’ from an economy that squanders nature’s wealth to a new paradigm rooted in a knowledge-based wealth.†(Dr. Paul Raskin, Founder and President Tellus Institute) “Robert Ayres’ new book is a historic, a contemporary, and a future oriented work of immense depth of thought, written by an author of incredible knowledge and wisdom, and encompassing views and concepts of both social and natural sciences. It is theoretically interesting, empirically relevant and timely regarding integrated assessments of social and natural systems. I think the work is a seminal contribution to looking at the co-evolution of human (economic and social) development and the Earth system, and will especially help to comprehend the new geological era – the ‘Anthropocene’.†(Udo E. Simonis, Professor emeritus for Environmental Policy at the Berlin Social Science Center (WZB)) “In an age of sustainable development goals, there is no more urgent need for the policy makers and the public alike than to have a clear understanding of the complex linkages among energy, innovation, and wealth. Bob Ayres’ book has done a superb job, weaving back and forth between physics and economics seamlessly, in illuminating the history of wealth creation in the past through the conversion of materials into ‘useful things’ based on the consumption of energy, and providing insights into the future when wealth will be created by knowledge accumulation, de-materialization and institutional innovation. It is a must read for all of us who wish for a sustainable future for humanity.†(Lan Xue, Dean of School of Public Policy and Management, Tsinghua University, and Co-chair, UN Sustainable Development Solution Network)
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Product details
Series: The Frontiers Collection
Paperback: 593 pages
Publisher: Springer; Softcover reprint of the original 1st ed. 2016 edition (June 8, 2018)
Language: English
ISBN-10: 3319808354
ISBN-13: 978-3319808352
Product Dimensions:
6.1 x 1.2 x 9.2 inches
Shipping Weight: 2.1 pounds (View shipping rates and policies)
Average Customer Review:
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Amazon Best Sellers Rank:
#1,707,362 in Books (See Top 100 in Books)
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