{"slug":"paper-raine-a-foster-j-and-potts-j-2006-the-new-entropy-law-and-the-economic-process","verification":{"valid":true,"entries":1,"head":"626e93d33644068ce56376e7fce6a9f9abc7e846bfdbee6a02efed8df4158aca"},"count":1,"sources":[{"id":"s1","type":"other","url":"https://www.sciencedirect.com/science/article/abs/pii/S1476945X07000104","title":"The new entropy law and the economic process","quote":"We argue that a reformulated second law of thermodynamics recently employed by Schneider and Kay (1994) to conceptualize the relation between evolution, complexity and ecosystems can also be applied to economic systems. Utilizing thermoeconomic principles, this enables us to formalize the concept of economic evolution as the development of structural complexity to harness available energy from the environment to avert degradation gradients.","summary":"Abstract of the 2006 Ecological Complexity paper by Raine, Foster, Potts.","claim_ids":["c1","c2","c3"],"found_by":"grok/grok-4.3","extra":{},"accessed_at":"2026-07-07T23:45:51.569Z","link_status":"http_403","quote_status":"unverified","prev":"genesis","hash":"626e93d33644068ce56376e7fce6a9f9abc7e846bfdbee6a02efed8df4158aca"}]}