Human Activity, Energy & Money in the United States: Connecting the Biophysical Economy with its Pecuniary Image

Human Activity, Energy & Money in the United States: Connecting the Biophysical Economy with its Pecuniary Image
Fix, Blair. (2013). Unpublished Master Dissertation. Faculty of Environmental Studies. York University. Toronto. September. (Thesis; English).

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Alternative Locations

https://yorkspace.library.yorku.ca/xmlui/handle/10315/32506, https://www.econstor.eu/handle/10419/203120

Abstract or Brief Description

There is no consensus, in political economy, about the exact relationship between the biophysical and the pecuniary spheres. This paper enters into the debate by asking the following question: how can a biophysical approach to political economy be used to gain insight into the complex interrelationship between the biophysical sphere of economic activity and its monetary image? After reviewing and critiquing land, labour, utlitarian, and energy theories of value, this paper abandons the search for a direct, causal connection (between the biophysical and the pecuniary) in favor of an impredicative, co-evolutionary approach. Using a synthesis of the work of Giampietro & Mayumi and Nitzan & Bichler, an empirical investigation is conducted that looks for linkages between monetary indicators, the inter-sectoral movement of human activity, and increases in energy consumption. Although the findings are complex, dynamic linkages between the biophysical and pecuniary spheres are consistently found.

Language

English

Publication Type

Thesis

Additional Information

Unpublished Master Dissertation

Keywords

biophysical sphere energy pecuniary sphere valuation

Subject

BN Methodology
BN Power
BN Production
BN Region - North America
BN Value & Price
BN Business Enterprise
BN Distribution
BN Ecology & Environment
BN Growth
BN Industrial Organization
BN Institutions

Depositing User

Jonathan Nitzan

Date Deposited

06 Sep 2019 00:02

Last Modified

06 Sep 2019 12:52

URL:

https://bnarchives.net/id/eprint/616

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