ECONOMICS A BIOECONOMIC APPROACH

Authors

  • Gheorghe Hurduzeu Professor , Institute of Agricultural Economics, Bucureşti
  • Elena Hurduzeu Raluca Lecturer, Bucharest Academy of Economic Studies, Bucuresti

Keywords:

bioeconomics, entropy, sustainable growth

Abstract

Recently, a series of heterodox economic trends (bioeconomics, ecological economics, behavioral economics, neuroeconomics, etc ) have become more and more present in economics (even more, due to the coming and the development of the unprecedented economic crisis).

Moreover, the revival of the evolutionist economic science from the last two decades has brought a significant contribution to the theoretical development and an important interdisciplinary and/or cross disciplinary import.

The bioeconomic approach becomes necessary due to the worldwide ecological crisis which closely affects almost all the sectors of our industrial civilization.

Having the work of Nicolae Georgescu-Roegen, the father of the bioeconomic science, as guidelines, we consider that the Romanian economic science should focus more on the study of the opportunities offered by this new direction.

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References

1. Popescu, G.; Filimon, R. (2009), Nicholas Georgescu-Roegen, Epistemologia evoluţionistă. Săgeata timpului, Ed. Risoprint, Cluj, Napoca, p. 237.
2. Ayres, R. (1978), Resources, Environment, and Economics: Applications of the Materials/ Energy Balance Principle. Wiley-Interscience, New York; Cleveland, C.J. (1987
3. Cleveland, C.J. (1987), Biophysical economics: Historical perspective and current research trends. Ecological Modelling, 38.
4. Gowdy, J.; Mayumi, K., Bioeconomics and Sustainability: Essays in Honor of Nicholas Georgescu-Roegen,. Edward Elgar Publishing, Cheltenham, England.
5. Georgescu-Roegen, N. (1971), The Entropy Law and the Economic Process, Harvard University Press, Cambridge Mass.
6. Georgescu-Roegen, N. (1979), Legea entropiei şi procesul economic, ed. Politică, Bucureşti, p.278
7. Georgescu-Roegen, N. (1975), Energy and Economic Myths, in Southern Economic Journal 41, no. 3, January.
8. Jinaru, A. (2010), Finanţarea inovării în economia globală bazată pe cunoaştere, Teză de doctorat, ASE Bucureşti.
9. Hall, C.; Kent, A.K. (2006), The Need For A New, Biophysical-Based Paradigm in Economics For The Second Half Of The Age Of Oil, International Journal of Transdisciplinary Research Vol. 1, No. 1.
10. Hodgson, G. (1999), Evolution and Institutions, Massachusetts: Edward Elgar Publishing.
11. Roegens scientifc works were written frst in the research program (meaning the concept of research programstandard of mainstream economics). Gradually, he detaches himself from it and develops a new radical approach - bio-economy – of the economic phenomena, drawing and gradually constitutes a new scientific research program, which changes the paradigm of economic thought and even puts the foundation to achieve a revolution in economics.

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Published

2012-04-30

How to Cite

Hurduzeu, G., & Hurduzeu Raluca, E. (2012). ECONOMICS A BIOECONOMIC APPROACH. Ekonomika Poljoprivrede, 59(Special nu), 324–330. Retrieved from https://ea.bg.ac.rs/index.php/EA/article/view/675