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Hardcover The History and Future of Economics Book
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ISBN: 3031262077

ISBN13: 9783031262074

The History and Future of Economics

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Format: Hardcover

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Book Overview

The purpose of this book is three-fold. The first purpose is to posit that the fundamental substance of the universe is energy, and that energy is required (consumed) for any material transformation, or information transmission. The labor theory of value, articulated by the physiocrats and elaborated by Adam Smith, David Ricardo, J.B. Say and Karl Marx was a rough first approximation of the value creation process, in the 17th and 18th centuries,...

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