tag:blogger.com,1999:blog-13900197.post2745635490897321603..comments2023-10-15T05:20:00.675-06:00Comments on Entropy Production: The Difference between Economics and PhysicsRobert McLeodhttp://www.blogger.com/profile/05270962906437456350noreply@blogger.comBlogger6125tag:blogger.com,1999:blog-13900197.post-88025640784659875752008-11-02T21:22:00.000-07:002008-11-02T21:22:00.000-07:00My name is Jeffrey M Doyle. I ATTENDED THE UNIVERS...My name is Jeffrey M Doyle. I ATTENDED THE UNIVERSITY OF MICHIGAN, ANN ARBOR AND MICHIGAN STATE UNIVERSITY, RECEIVING MY Ph.D. IN 1977.<BR/>FOR OVER THIRTY YEARS MY [AND OTHERS] IDEAS WERE DISMISSED AS UNPROVEN AND NOT RELEVANT. TODAY MOST<BR/>OF WHAT I PROPOSED IN A 1977 PH.D. DISSERTATION HAS NOT ONLY GAINED ACCEPTANCE BUT IS BEING ACTIVELY<BR/>PROMOTED AND PUT INTO PRACTICE. BETTER LATE THAN NEVER.<BR/>IN TERMS OF OUR ECONOMY, WE ARE CURRENTLY IN THE WORST SHAPE SINCE THE GREAT DEPRESSION OF 1929. HARD<BR/>CORE, DEEPLY ENTRENCHED ADVOCATES OF NARROWLY DEFINED ECONOMICS WILL STAUNCHLY DEFEND THEIR<BR/>ICONIC VIEWS-EVEN IN THE FACE OF ONE DISMAL FAILURE AFTER ANOTHER. GALILEO’S REWARD FOR PROVING THAT<BR/>THE EARTH ORBITED THE SUN INSTEAD OF THE OPPOSITE SCENARIO ESPOUSED BY THE VATICAN, LED TO A LIFETIME OF<BR/>HOUSE ARREST.<BR/><BR/><BR/>Economics is not physics. The behaviour of human beings is not nearly as predictable as matter in physics [be it sub-atomic or macro.] While I understand the desire of many Economists to regard their Discipline as a deterministic, mathematically precise science, the reality is [with notable exceptions conceded] it is not a mechanistically elegant discipline like physics. <BR/><BR/>INTERDISCIPLINARY UTILIZATION AND INTEGRATION OF PHYSICS, BIOLOGY AND ESPECIALLY THERMODYNAMICS <BR/>INTO ECONOMIC ANALYSES, WILL GREATLY ENHANCE OUR ABILITY TO ADDRESS AND SOLVE CURRENT SOCIAL PROBLEMS--ESPECIALLY IN THE THE AREAS OF OF ENERGY AND ECOSYSTEM STABILITYdocjmdhttps://www.blogger.com/profile/11927184179269608450noreply@blogger.comtag:blogger.com,1999:blog-13900197.post-26519384903096164752008-09-05T10:53:00.000-06:002008-09-05T10:53:00.000-06:00Don't be bitter my anonymous economist.BTW, data i...Don't be bitter my anonymous economist.<BR/><BR/>BTW, data is plural:<BR/><BR/><A HREF="http://dictionary.reference.com/browse/data" REL="nofollow">http://dictionary.reference.com/browse/data</A><BR/><BR/>Please read the usage note.Robert McLeodhttps://www.blogger.com/profile/05270962906437456350noreply@blogger.comtag:blogger.com,1999:blog-13900197.post-3771961444428475762008-09-04T10:16:00.000-06:002008-09-04T10:16:00.000-06:00(quote Aesop)The data are proprietary and has been...(quote Aesop)The data are proprietary and has been modified by multiplying both axes by random numbers to disguise its true source, so no.<BR/><BR/>.... the data may be proprietary but a rough description of the physics graph isn't if it's based on a known and published theory and if you really have multiplied by random numbers then what's the worry ???<BR/><BR/><BR/>That we'll find out you're telling porkies to spice up your boring blog??<BR/><BR/>BTW: is english your second language....? The data are proprietary.... the data IS proprietary, or the data SETS are proprietaryAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-13900197.post-30310733817577896412008-03-06T13:03:00.000-07:002008-03-06T13:03:00.000-07:00The data are proprietary and has been modified by ...The data are proprietary and has been modified by multiplying both axes by random numbers to disguise its true source, so no.Robert McLeodhttps://www.blogger.com/profile/05270962906437456350noreply@blogger.comtag:blogger.com,1999:blog-13900197.post-33583140090205975042008-02-26T06:52:00.000-07:002008-02-26T06:52:00.000-07:00How about showing some labels on the axes? Might ...How about showing some labels on the axes? Might help to put the comparison into context.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-13900197.post-76656015447563471202008-02-19T12:21:00.000-07:002008-02-19T12:21:00.000-07:00Hehe, so true :-)Hehe, so true :-)Anonymousnoreply@blogger.com