The 2013 book The Physics of Wall Street, by American physicist, philosopher, and mathematician James Weatherall, touches on thermodynamics, and may well represent some aspects of financial thermodynamics, specifically Paul Samuelson's usage in economics. [4] |
“Some while back Daedalus developed a ‘molecular sociology’ an analogy between people and molecules. In particular he identified wealth in people with energy in molecules; he is now developing a financial thermodynamics or thermodynamics of money.”