The Economic Growth Engine: How Energy and Work Drive Material Prosperity

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Edward Elgar Publishing, Jan 1, 2010 - Business & Economics - 448 pages
2 Reviews
It gives me great pleasure to review this important book. I recommend it highly to any physicist with an interest or curiosity about this economy thing within which we operate. . . There is no excuse not to get this invaluable volume onto your bookshelf.
 

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One of the most useful and important books I have read on the subject. Extremely thought-provoking, and an excellent reference work.

Contents

1 Background
1
2 Technical progress
30
massenergy flows
62
4 Exergy conversion to useful work
89
5 Economic growth theories
134
6 The production function approach
175
7 Numerical results for the US and Japan
197
8 Growth forecasting
222
towards a catchup model simplified REXSF model
252
10 Conclusions implications and caveats
295
Elasticities of production in neoclassical equilibrium
311
References
353
Index
393
Copyright

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About the author (2010)

Robert U. Ayres, an American-born physicist and economist, is Emeritus Professor of Economics and Political Science at INSEAD, the international graduate business school. He is the author or coauthor of many books, including (with Benjamin Warr) "The Economic Growth Engine: How Energy and Work Drive Prosperity".

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