Economists are thinking that there are laws of entropede that would apply to society. The analogy here would be the refrigerator. How do i make an area that is cold? If anthropede just wants to have heat flow and the temperature even out, you know, it's very hard to make things cold. You have to build a machine. And a it takes work in a refrigerator in order to move heat from the contents to the surrounding kitchen. What if human society is governed by the laws of enthropy, and it takes work, which is energy? We're all eating and metabalizing that that provides the work. But where is the waste? Is there waste heat,
Of all the scenarios that keep astrophysicist Sandra Faber up at night, it's not the Earth's increasing volcanism, the loss of photosynthesis, or even the impact of a massive asteroid. Rather, it's the collapse she's certain will result from the unbridled growth of the world's economies. Join Faber and EconTalk host Russ Roberts as they explore what the most inexorable law of physics has to do with economics and whether the world's growing economies pose a problem or provide the solution for the finiteness of planet Earth.