Originally posted by joe shmo
Is "debt" a sort of "entropy" in its scientific/mathematical model?
I'm not looking for general answers, but I would like to see something specific if possible ie math/physics/econimocs/biological..ect to argue "yay" or "nay"
According to economists, perhaps. Who knows what they think? Ask ten economists a question, and you'll get at least eleven answers, at most one of which will be provable (and probably provable wrong).
According to science, sheesh no. For one, entropy is constantly increasing in a closed system. Is debt? Guaranteed? Then to
whom is that debt, in a closed(!) economy? For another, entropy has a certain relation to energy. What is the economic equivalent of energy? Money is the easy answer, but it won't wash: debt is, in essence, negative money (it's money I owe someone rather than money I have), while entropy is certainly nothing like negative energy.