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Sep 12, 2020 · Between 1921 and 1934, Soddy wrote four books that looked at how money relates to the physical economy. For his ground-breaking work, Soddy was rewarded with deafening silence. Here’s how ecological economist Eric Zencey puts it: … Soddy carried on a quixotic campaign for a radical restructuring of global monetary relationships.
Apr 12, 2009 · Soddy criticized the prevailing belief of the economy as a perpetual motion machine, capable of generating infinite wealth a criticism echoed by his intellectual heirs in the now emergent field...
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Abstract. Frederick Soddy (1877–1956) is best known as a pioneering chemist who collaborated with Rutherford in studying radioactive disintegration, predicted the existence of and coined the name for isotopes, and was a major contributor to the modern theory of atomic structure. For these achievements he was elected a Fellow of the Royal ...
- Herman E. Daly
- 1980
Ecological economics. In four books written from 1921 to 1934, Soddy carried on a "campaign for a radical restructuring of global monetary relationships", [21] offering a perspective on economics rooted in physics – the laws of thermodynamics, in particular – and was "roundly dismissed as a crank". [21]
ECONOMIC THOUGHT OF FREDERICK SODDY 203 of the steam-engine. The principles and ethics of human law and convention must not run counter to those of thermodynamics [Cartesian Economics, p. 9]. The last sentence is very significant because it provides the basis for many of Soddy's criticisms of the economy as a presumed perpetual motion machine.
- Herman E. Daly
- 1980
‘History of Political Economy 12:4 0 1980 by Duke University Press The economic thought of Frederick Soddy Herman E. Duly, Louisiana State University Almost always the men who achieve these fundamental in- ventions of a new paradigm have been either very young or very new to the field whose paradigm they change.
In four books written from 1921 to 1934, British scientist and Nobel laureate Frederick Soddy pursued a campaign for a radical restructuring of global monetary relationships, offering a perspective on economics rooted in the laws of thermodynamics.
