Faculty note: Russ publication

Prof. Meir Russ of the Cofrin School of Business published the paper entitled “The probable foundations of Sustainabilism: Information, energy and entropy based definition of capital, Homo Sustainabiliticus and the need for a ‘new gold’.” in the October, 2016 issue of Ecological Economics, 130, pp. 328-338.

The paper proposes —

  • To see the economy as a natural extension of an evolutionary information processing mechanism
  • That different forms of capital are defined by using information, energy and entropy
  • A new model of humans: Homo Sustainabiliticus
  • A new monetary system, including a new currency: “new gold” based on renewable energy and shared knowledge
  • A new model of economy: Sustainabilism.