"We examined a third power law model of growth supported by excess resources and found evidence that it has governed U.S. economic growth since 1900, i.e., nominal GDP was best explained by a power function of total emergy use with exponent 2.8" https://t.
A must read: Relationships among the Energy, Emergy, and Money Flows of the United States from 1900 to 2011 http://t.co/xQp5HgUXd6
A must read: Relationships among the Energy, Emergy, and Money Flows of the United States from 1900 to 2011 http://t.co/xQp5HgUXd6
Emergy - Relationships among the energy, emergy, and money flows of the United States from 1900 to 2011 - http://t.co/PvbAfCvuTh #economics