In economic thermodynamics, Elias Khalil (1957-) is an American economist noted for several commentary publications on theorists, such as Julius Davidson and Nicholas Georgescu, to have employed thermodynamic logic in the economic theory.
In 2004, Khalil published his “The Three Laws of Thermodynamics and the Theory of Production”, which he had reviewed by: Jeffrey Wicken, Reiner Kummel, Kozo Mayumi, among others, wherein he argues the following position: [1]
“This paper concurs with experts on thermodynamics that Georgescu-Roegen has committed a major error. Georgescu-Roegen’s notion of ‘material entropy’, which he christened as the ‘fourth law of thermodynamics’, is unfounded.”
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Education
Khalil completed his BA in economics in 1979 at Ohio State University, and his MA in 1987 and PhD in 1990 both in economics at New School University, and currently is an economics professor at Monash University, Australia.
References
1. (a) Khalil, Elias. (2004). “The Three Laws of Thermodynamics and the Theory of Production.” (abs) Journal of Economic Issues, March, 38:1, pp. 201-226.
(b) Staff Writer. (2004). “The Three Laws of Thermodynamics and the Theory of Production”, RedOrbit News, March 13.
Further reading
● Khalil, Elias. (1990). “Entropy Law and Exhaustion of Natural Resources: Is Nicholas Georgescu-Roegen’s Paradigm Defensible?”, Ecological Economics, 2:2: 163-178.
● Khalil, Elias. (1991). “Entropy Law and Nicholas Georgescu-Roegen’s Paradigm: A Reply.” Ecological Economics, July, 3:2, pp. 161-163.
● Khalil, Elias. (1994). “Recycling of Matter: A Response, Further.” Ecological Economics, 9, pp. 193-194.
● Khalil, Elias. (1995). “Nonlinear Thermodynamics and Social Science Modeling: Fad Cycles, Cultural Development and Identificational Slips.” American Journal of Economics and Sociology, October, 54(4): 423-438.
● Khalil, Elias L. (1995). “Ecological Economics and Ecological Darwinism.” (abs) Journal of Biological Systems, December, 3(4): 1211-1244.
● Khalil, Elias L. and Boulding, Kenneth E. (1996). Evolution, Order, and Complexity (thermodynamics, pgs. 11, 15, 39, etc., 24+ pgs). Routledge.
External links
● Elias Khalil (publications) – EliasKhalil.com.
● Elias Khalil (faculty) – Monash University.
● Khalil, Elias L. (1957-) – WorldCat Identities.
● Elias Khalil – LinkedIn.