Phase Diagram for Roegenian Economics
classification
💱 q-fin.GN
keywords
roegeniandiagrameconomiceconomicsphasepointconceptscritical
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We recall the similarities between the concepts and techniques of Thermodynamics and Roegenian Economics. The Phase Diagram for a Roegenian economic system highlights a triple point and a critical point, with related explanations. These ideas can be used to improve our knowledge and understanding of the nature of development and evolution of Roegenian economic systems.
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