Introduction Flashcards
Malthusian catastrophe
Due to extreme population growth and slower production of food, the malthusian catastrophe describes the point at which there will not be enough food for everyone on the planet
Malthusian catastrophe solutions
- less births (abstinence)
- more (or earlier) death
Neo-Malthusianism
- modern re-interpretation, emphasising birth control
William Jevons question
The Coal Question
- An inquiry concerning the progress of the nation and the probable exhaustion of our coal mines (1865)
Jevons paradox
more efficient resource use does not lead to less but more use
Extreme case of the rebound effect (Jevons)
part of the efficiency improvement is lost
Rachel Carson silent spring (1962)
Pesticides have a detrimental effect on the environment. Introduced highly influential ban on DDT (pesticide) which was strongly contested by chemical industry.
Kenneth Boulding statement
The earth is a closed system, like a spaceship we are restricted by what is on board
Contrast: Cowboy and spaceman economy
- the cowboy economy (the cowboy being symbolic of the illimitable plains and also
associated with reckless, exploitative, romantic, and violent behaviour, which is
characteristic of open societies) - the spaceman economy (the earth has become a single spaceship, without
unlimited reservoirs of anything, either for extraction or for pollution, and in which,
therefore, man must find his place in a cyclical ecological system which is capable
of continuous reproduction of material form even though it cannot escape having
inputs of energy)
Garrett Hardin (The tragedy of the commons)
Open access to unregulated resources tend to be overexploited.
Examples:
- common lands
- forests
- rivers
- wildlife
- clean air
The club of rome (limits to growth)
Malthusian theme:
- exponential growth of population
- finite supply of resources
but also:
- exponential growth of welfare
Define Entropy
A measure of the amount of energy that is unavailable to do work. (measure of disorder or randomness)
First law of thermodynamics
Energy is always conserved; it cannot be created or destroyed.
The same applies to matter (due to the Law of conservation of Mass)
Second law of thermodynamics
I any ISOLATED system, entropy will inevitably increase over time.
Implications for 2nd law of thermodynamics
- Materials can be recycled, but never 100% since this requires too much energy.
- Energy cannot be recycled at all (quantity is preserved but not quality; ie the availability to do work)
- All physical processes convert low-entropy energy and materials into high-entropy wastes
- The structure of any physical good degrades over time, and energy inputs are needed to counteract this
- A decrease in entropy in one place, means a larger increase somewhere else
The laws and the economy
- The economy is a system that transforms low-entropy raw materials into high-entropy wastes, in order to satisfy human needs and wants
- The order in the economic system can only be maintained by a steady stream of low-entropy materials and energy
- All economic production is based on the resources provided by nature
- Whatever we produce must eventually decay, fall apart, or dissipate, returning as waste to nature