Saturday, March 27, 2010

THERMOECONOMICS 2

Thermoeconomics is a term I've come across lately. Thermoeconomics is the study and application of thermodynamic principles to economic concepts. For example, thermodynamic concepts such as heat, work, energy, and entropy would be applied to economic theories of production, consumption, and distribution. This seems like an interesting area of study that I will be researching as I go along.

On a different note, we had one trade this week for a 2.25 point gain.

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