Hacker News new | ask | show | jobs
by gsf_emergency 538 days ago
https://surplusenergyeconomics.wordpress.com/2024/12/06/294-...

>The critical marker for this process is the Energy Cost of Energy, a measure of the proportion of accessed energy which, being consumed in the energy access process, is not available for any other economic purpose.

Sounds suspiciously close to the classic definition of entropy, if you ask me :)

The Costanza strategy for economists is therefore to teach physicists something instead of just learning from the 19th century ones

[Looking at you, https://en.wikipedia.org/wiki/Francis_Ysidro_Edgeworth ]