An Economy Viewed as a Far-from-Equilibrium System from the Perspective of Algorithmic Information Theory
This paper, using Algorithmic Information Theory (AIT), argues that once energy resources are considered, an economy, like an ecology, requires continuous energy to be sustained in a homeostatic state away from the decayed state of its (local) thermodynamic equilibrium. AIT identifies how economic a...
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| Format: | Article |
| Language: | English |
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MDPI AG
2018-03-01
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| Series: | Entropy |
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| Online Access: | http://www.mdpi.com/1099-4300/20/4/228 |