In recent years new approaches to the integration of economics and thermodynamics have been developed which build on the physics of open non-equilibrium systems, the so-called ‘Maximum Entropy ...Production Principle’. I review these contributions in the light of the implications for economic ontology, i.e. the question what the fundamental constituents of real world economic phenomena are. I argue in favor of the ‘naturalization’ of economic ontology, using the phenomenon of economic growth as my workhorse, and I explore the implications for the cross-disciplinary foundations of ecological economics. The paper shows how economic growth can be conceived as a ‘natural’ process that is driven by fundamental physical forces. The argument proceeds in three steps. After a short review of recent research on the linkage between energy and growth, I establish the connection with bioeconomic theories about evolution that allow restating the role of Lotka's Maximum Power Principle (MPP) as a property of open non-equilibrium flow systems with sufficient degrees of freedom of structural adaptation. The MPP is then related to the recent literature on Maximum Entropy Production (MEP), especially as deployed in the Earth Sciences. Economic growth can be seen as resulting from evolutionary adaptations of flow gradients in economic systems that increase throughputs of exergy and generation of work, and which thereby enhance the capacity of the Earth System to maximize entropy production. This framework offers fresh perspectives on a number of issues in research and policy, which I discuss in the conclusion.
Klassische Institutionenökonomik Elsner, Wolfram
List Forum für Wirtschafts- und Finanzpolitik,
1/4, Letnik:
44, Številka:
4
Journal Article
Zusammenfassung
Dieser Beitrag stellt die Grundzüge der sog. Originären Institutionellen Ökonomik (OIE), in Abgrenzung zum neoklassischen „Mainstream“ und seiner Neuen Institutionellen Ökonomik ...(NIE), dar. Neben den Unterschieden zum „Mainstream“ fokussiert der Beitrag auf theoriegeschichtliche Wurzeln dieses auch „Amerikanischer Institutionalismus“ genannten Paradigmas (begründet durch T. B. Veblen, J. R. Commons, W. C. Mitchell u. a.), auf metatheoretische Wurzeln im amerikanischen sog. Philosophischen Pragmatismus (C. S. Peirce, J. Dewey u. a.) und entsprechende methodologische Merkmale, auf organisatorische Verfasstheit und Wirkungsgeschichte des Institutionalismus (Personen, Schulen, Associations, Journals, Einfluss auf andere Paradigmata und Disziplinen, Politikberatung), auf Menschenbild und Handlungskonzept, auf das Verhältnis von permanentem evolutionärem Wandel und relativ stabilen sozialen Institutionen als „Zwischenlösungen“, auf den Institutionenbegriff selbst, die sog. Veblenianische „institutionelle Dichotomie“ und das darauf aufbauende Konzept des institutionellen Wandels, schließlich auf einige Anwendungsbereiche in der Theorie der Unternehmung und der Industrieökonomik sowie sein Politikkonzept.
Owing to development of ICT, knowledge representation and possibilities of its usage, sharing, storing and reusing, increasingly rely on ontologies as formal representation of (knowledge) ...conceptualization in different domain. Economics being the widest area of human personal and organizational activity as well as countless (structured and unstructured) data has no unified upper ontology and taxonomy. Economic curricula on faculties of economic in the Republic of Croatia reflect the problem of taxonomic shortcomings in economics as academic discipline. Numerous courses in economic curricula show the trends to specialization of economic knowledge but that also point out on decreasing capabilities of complex problem solving. The main idea in this paper is to research and define appropriate approach to ontology development useful for: -representing the institutional economic curricula which can serve to potential students in making the choice of their desirable courses, -representing academic discipline, -documenting the data, -creating meta data about learning and management systems. The approch will will be based on multiphase process of ontology creation and multilevel approach to common vocabulary creation and it will be tested on faculties of economics at universities in Croatia.
Transformation, participation and plurality: The Cappadocian heritage for Systematic Theology in the third millennium. The aim of this article is to demonstrate how Systematic Theology in the third ...millennium utilises facets from the legacy of the Cappadocian fathers. The focal point is the influence on present-day Trinitarian theology. Aspects which are discussed include matters of metaphysics, philosophy, morality and spirituality. The influence of the legacy of the Cappadocian fathers concerns the challenge which diversity and plurality create in systematic theology. This legacy is explored by means of the ‘lived experiences’ of the life stories of the Cappadocians. These narratives illustrate a shift from the ‘impersonal’ to the ‘personal’, from ‘disengaged abstraction’ to ‘relational participation’. The latter is referred to as ‘a pastoral doctrine of the Trinity’ by Paul S. Fiddes. The emphasis on ‘economical ontology’ confirms the Cappadocians’ relevance for a present-day ethical discourse and the ‘aesthetics of a feeling for the Other’.
Transformation, participation and plurality: The Cappadocian heritage for Systematic Theology in the third millennium. The aim of this article is to demonstrate how Systematic Theology in the third ...millennium utilises facets from the legacy of the Cappadocian fathers. The focal point is the influence on present-day Trinitarian theology. Aspects which are discussed include matters of metaphysics, philosophy, morality and spirituality. The influence of the legacy of the Cappadocian fathers concerns the challenge which diversity and plurality create in systematic theology. This legacy is explored by means of the ‘lived experiences’ of the life stories of the Cappadocians. These narratives illustrate a shift from the ‘impersonal’ to the ‘personal’, from ‘disengaged abstraction’ to ‘relational participation’. The latter is referred to as ‘a pastoral doctrine of the Trinity’ by Paul S. Fiddes. The emphasis on ‘economical ontology’ confirms the Cappadocians’ relevance for a present-day ethical discourse and the ‘aesthetics of a feeling for the Other’.