Energy and the Wealth of Nations

Energy and the Wealth of Nations
Author: Charles A.S. Hall
Publisher: Springer
Total Pages: 507
Release: 2018-03-05
Genre: Business & Economics
ISBN: 3319662198

In this updated edition of a groundbreaking text, concepts such as energy return on investment (EROI) provide powerful insights into the real balance sheets that drive our “petroleum economy.” Hall and Klitgaard explore the relation between energy and the wealth explosion of the 20th century, and the interaction of internal limits to growth found in the investment process and rising inequality with the biophysical limits posed by finite energy resources. The authors focus attention on the failure of markets to recognize or efficiently allocate diminishing resources, the economic consequences of peak oil, the high cost and relatively low EROI of finding and exploiting new oil fields, including the much ballyhooed shale plays and oil sands, and whether alternative energy technologies such as wind and solar power can meet the minimum EROI requirements needed to run society as we know it. For the past 150 years, economics has been treated as a social science in which economies are modeled as a circular flow of income between producers and consumers. In this “perpetual motion” of interactions between firms that produce and households that consume, little or no accounting is given of the flow of energy and materials from the environment and back again. In the standard economic model, energy and matter are completely recycled in these transactions, and economic activity is seemingly exempt from the Second Law of Thermodynamics. As we enter the second half of the age of oil, when energy supplies and the environmental impacts of energy production and consumption are likely to constrain economic growth, this exemption should be considered illusory at best. This book is an essential read for all scientists and economists who have recognized the urgent need for a more scientific, empirical, and unified approach to economics in an energy-constrained world, and serves as an ideal teaching text for the growing number of courses, such as the authors’ own, on the role of energy in society.

The Superorganism

The Superorganism
Author: Bert Holldobler
Publisher: W. W. Norton & Company
Total Pages: 556
Release: 2009
Genre: Nature
ISBN: 9780393067040

The Pulitzer Prize-winning authors of "The Ants" render the extraordinary lives of the social insects--ants, bees, wasps, and termites--in this visually spectacular volume. 110 color and 100 black-and-white illustrations.

Energy and Civilization

Energy and Civilization
Author: Vaclav Smil
Publisher: MIT Press
Total Pages: 564
Release: 2018-11-13
Genre: Science
ISBN: 0262536161

A comprehensive account of how energy has shaped society throughout history, from pre-agricultural foraging societies through today's fossil fuel–driven civilization. "I wait for new Smil books the way some people wait for the next 'Star Wars' movie. In his latest book, Energy and Civilization: A History, he goes deep and broad to explain how innovations in humans' ability to turn energy into heat, light, and motion have been a driving force behind our cultural and economic progress over the past 10,000 years. —Bill Gates, Gates Notes, Best Books of the Year Energy is the only universal currency; it is necessary for getting anything done. The conversion of energy on Earth ranges from terra-forming forces of plate tectonics to cumulative erosive effects of raindrops. Life on Earth depends on the photosynthetic conversion of solar energy into plant biomass. Humans have come to rely on many more energy flows—ranging from fossil fuels to photovoltaic generation of electricity—for their civilized existence. In this monumental history, Vaclav Smil provides a comprehensive account of how energy has shaped society, from pre-agricultural foraging societies through today's fossil fuel–driven civilization. Humans are the only species that can systematically harness energies outside their bodies, using the power of their intellect and an enormous variety of artifacts—from the simplest tools to internal combustion engines and nuclear reactors. The epochal transition to fossil fuels affected everything: agriculture, industry, transportation, weapons, communication, economics, urbanization, quality of life, politics, and the environment. Smil describes humanity's energy eras in panoramic and interdisciplinary fashion, offering readers a magisterial overview. This book is an extensively updated and expanded version of Smil's Energy in World History (1994). Smil has incorporated an enormous amount of new material, reflecting the dramatic developments in energy studies over the last two decades and his own research over that time.

Political Economy, Power and the Body

Political Economy, Power and the Body
Author: G. Youngs
Publisher: Springer
Total Pages: 213
Release: 1999-10-28
Genre: Political Science
ISBN: 0333983904

Political Economy, Power and the Body is carefully organized to provide an introductory section of three chapters which set out a number of detailed theoretical arguments relevant to the work developed in the next two sections. In this sense the collection should be a major contribution in laying the groundwork in the new area. The strength of the volume lies in the way the individual chapters bring theory and practice together. It could be argued that it represents the maturity of feminist work in international political economy now. The book will be a vital teaching as well as research text, especially in international relations/international political economy/women's studies generally.

Global Energy Perspectives

Global Energy Perspectives
Author: Nebojsa Nakicenovic
Publisher: Cambridge University Press
Total Pages: 322
Release: 1998-10-15
Genre: Science
ISBN: 9780521645690

Global energy needs are expanding substantially as populations grow and economies develop around the world. There is clear evidence that continued use of fossil fuels as the world's dominant energy supply is damaging the environment and causing changes in global climate patterns. People want higher levels of more efficient, cleaner, and less obtrusive energy services. How much of those needs will be met by fossil fuels, how much by alternative fuels, and how much by efficiency increases and expanded energy conservation is a wide open question. Global Energy Perspectives describes the results of a five-year joint study by the International Institute for Applied systems Analysis and the World Energy Council. It presents six long-term energy futures which lay out the alternatives among future fuels, technologies, efficiency gains, conservation patterns, and pollution levels, and pinpoints the key choices that are most likely to characterize the twenty-first century. The primary audience will include researchers, educators, policy makers in private and public sectors and other workers in the energy, technology, economics and environmental areas, but the book will appeal to anyone interested in the future of energy production as a prerequisite for human development.

Energy and Economic Myths

Energy and Economic Myths
Author: Nicholas Georgescu-Roegen
Publisher: Elsevier
Total Pages: 409
Release: 2014-05-18
Genre: Business & Economics
ISBN: 1483187969

Energy and Economic Myths: Institutional and Analytical Economic Essays is a collection of materials that deal with various issues and concerns in economics. The title aims to clarify the misconception in economics. The first part of the text deals with the issues in natural resources and the economics of production. Next, the selection tackles the problems in institutional economics. Part III covers the epistemological and methodological concerns in economics. The title also talks about economic theories. The book will be of great interest to economists and readers who want to enhance their understanding of economic concepts.

Energy and the Wealth of Nations

Energy and the Wealth of Nations
Author: Charles A. S. Hall
Publisher: Springer Science & Business Media
Total Pages: 410
Release: 2011-10-27
Genre: Business & Economics
ISBN: 1441993983

For the past 150 years, economics has been treated as a social science in which economies are modeled as a circular flow of income between producers and consumers. In this “perpetual motion” of interactions between firms that produce and households that consume, little or no accounting is given of the flow of energy and materials from the environment and back again. In the standard economic model, energy and matter are completely recycled in these transactions, and economic activity is seemingly exempt from the Second Law of Thermodynamics. As we enter the second half of the age of oil, and as energy supplies and the environmental impacts of energy production and consumption become major issues on the world stage, this exemption appears illusory at best. In Energy and the Wealth of Nations, concepts such as energy return on investment (EROI) provide powerful insights into the real balance sheets that drive our “petroleum economy.” Hall and Klitgaard explore the relation between energy and the wealth explosion of the 20th century, the failure of markets to recognize or efficiently allocate diminishing resources, the economic consequences of peak oil, the EROI for finding and exploiting new oil fields, and whether alternative energy technologies such as wind and solar power meet the minimum EROI requirements needed to run our society as we know it. This book is an essential read for all scientists and economists who have recognized the urgent need for a more scientific, unified approach to economics in an energy-constrained world, and serves as an ideal teaching text for the growing number of courses, such as the authors’ own, on the role of energy in society.

The Political Economy of Human Happiness

The Political Economy of Human Happiness
Author: Benjamin Radcliff
Publisher: Cambridge University Press
Total Pages: 215
Release: 2013-03-25
Genre: Philosophy
ISBN: 1107030846

Data, methods and theories of contemporary social science can be applied to resolve how political outcomes in democratic societies determine the quality of life that citizens experience. Radcliff seeks to provide an objective answer to the debate between left and right over what public policies best contribute to people leading positive and rewarding lives. Radcliff offers an empirical answer, relying on the same canons of reason and evidence required of any other issue amenable to study through social-scientific means. The analysis focuses on the consequences of three specific political issues: the welfare state and the general size of government, labor organization, and state efforts to protect workers and consumers through economic regulation. The results indicate that in each instance, the program of the Left best contributes to citizens leading more satisfying lives and, critically, that the benefits of greater happiness accrue to everyone in society, rich and poor alike.