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  4. Economics & Biology: The whole is something besides the parts – a complementary approach to a bioeconomy
Citation link
10.26092/elib/1958

Economics & Biology: The whole is something besides the parts – a complementary approach to a bioeconomy

Date Issued
2022-12-20
Author(s)
Henkel, Joshua
Abstract
This paper examines relations between economics and biology regarding the historical background of these disciplines. Though economics is a social science its emergence has strong links to the natural sciences, especially to physics. This methodological basis seems to be mostly forgotten in mainstream economics. Since this methodology is based on the same principles of universal natural laws, it should make the branches of economics and biology compatible. Merging biology and economics could have a strong impact on finding solutions to our modern world sustainability problems and avoiding the dangers of the entropic abyss. This is only possible if mainstream economics is more open to assimilate information from outside its own field. Unequivocally, the most straightforward impact of a collaboration of these disciplines would be a biobased economy, that would tackle many problems our resource intensive and unsustainable economic system is facing at the moment.
Subjects
Sustainability

; 

Culture

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Collapse

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Bio-economy
Publisher
IERP
Institution
Universität Bremen
Faculty
Fachbereich 07: Wirtschaftswissenschaft (FB 07)
Institute
Institute for Economic Research and Policy (IERP)
Type
report
Serie(s)
Bremen Papers on Economics & Innovation
Band
2210
Secondary publication
No
License
https://creativecommons.org/licenses/by-nc-nd/4.0/
Language
English
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2210_Economics_and_Biology-The whole is something besides the parts.pdf

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