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Nicholas Georgescu-Roegen

1906 – 1994

About

He was a Romanian mathematician, statistician and economist. He is best known today for his 1971 magnum opus The Entropy Law and the Economic Process, in which he argued that all natural resources are irreversibly degraded when put to use in economic activity. A progenitor and a paradigm founder in economics, his work was seminal in establishing ecological economics as an independent academic sub-discipline in economics.