Feb 25, 20214 min readIntegrating Macroeconomics and Ecology via Energy and the Laws of Thermodynamicsby Steve Keen One of the glaring weaknesses of economic models of production, from all schools of economic thought, is the absence of any...
May 7, 20194 min readLabour without energy is a corpse; capital without energy is a sculptureProfessor Steve Keen - With the simple insight that “labour without energy is a corpse, and capital without energy is a sculpture...