... to tackle in turn the merits and limits of the entropic model and discuss its implications for the methodological discourse in economics. Research methods Economic processes Economic models Georgescu‐Roegen identifies the critical issue in the third principle of logic, that is one may not have...

... were supposed to analyse society. No one bothered much about a careful distinction between the concept “economy” and the concept “society”; it worked like a gentleman's agreement, leading to a long period of peace [1] . Social economics Research methods Perfect communication between...