Nicholas Georgescu-Roegen

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Nicholas Georgescu-Roegen, born Nicolae Georgescu (Constanţa, Romania, 4 February 1906 - Nashville, Tennessee, 30 October 1994) was a Romanian mathematician, statistician and economist.

Georgescu-Roegen introduced into economics, inter alia, the concept of entropy from thermodynamics (as distinguished from the mechanistic foundation of neoclassical economics drawn from Newtonian physics) and did foundational work which later developed into evolutionary economics. His work contributed significantly to bioeconomics and to ecological economics.^{[1][2][3][4][5][6]}

He was a protégé of the renowned economist Joseph Schumpeter.

[edit] Selected writings

• Georgescu-Roegen, N. (1976) Energy and Economic Myths : Institutional and Analytical Economic Essays. Pergamon Press: New York.
• Georgescu-Roegen, N. (1971) The Entropy Law and the Economic Process. Harvard University Press: Cambridge, Massachusetts.
• Georgescu-Roegen, N. (1980) Afterword. In J. Rifkin, ant T. Howard, Entropy: A New World View. The Viking Press: New York.

[edit] Notes

1. ^ Cleveland, C. and Ruth, M. 1997. When, where, and by how much do biophysical limits constrain the economic process? A survey of Georgescu-Roegen's contribution to ecological economics. Ecological Economics 22: 203-223.
2. ^ Daly, H. 1995. On Nicholas Georgescu-Roegen’s contributions to economics: An obituary essay. Ecological Economics 13: 149-54.
3. ^ Maneschi, A. and Zamagni, S. 1997. Nicholas Georgescu-Roegen, 1906-1994. The Economic Journal 107: 695-707.
4. ^ Mayumi, K. 1995. Nicholas Georgescu-Roegen (1906-1994): an admirable epistemologist. Structural Change and Economic Dynamics 6: 115-120.
5. ^ Mayumi,K. and Gowdy, J. M. (eds.) 1999. Bioeconomics and Sustainability: Essays in Honor of Nicholas Georgescu-Roegen. Cheltenham: Edward Elgar.
6. ^ Mayumi, K. 2001. The Origins of Ecological Economics: The Bioeconomics of Georgescu-Roegen. London: Routledge.

[edit] External links

• Nicholas Georgescu-Roegen's biography at The History of Economic Thought website.
• Gowdy, J. and Mesner, S. 1998. The evolution of Georgescu-Roegen's bioeconomics. Review of Social Economy Vol. LVI, No. 2.