Energy, Hierarchy and Money

Energy, Hierarchy and Money
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DOI:
10.1007/978-1-4615-1313-1_17
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发表时间:
2001
影响因子:
3.1
通讯作者:
H. Odum
H. Odum
中科院分区:
环境科学与生态学3区
文献类型:
--
作者:
H. Odum

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Energy hierarchy concepts are used to understand the distribution of money. Monetary convergence concept is explained by the universal energy transformation hierarchy. In an energy transformation series, the available energy decreases at each work step, but the transformity, concentrations, turnover times, and spatial convergence increase. These patterns are explained by the natural selection of designs that reinforce their sources. To reinforce effectively with less energy, downstream processes have to be concentrated in space, accumulate, and pulse their feedbacks. Because every real process requires available energy, materials, information, and people organize into pulsing centers. In this essay the distribution of monetary circulation is also linked to the energy hierarchy, providing some quantitative insights on the self organization of an economy. A suggestion is made for a 7th energy law.