ABSTRACT

This chapter is prompted by recent interest in a possible connection between energy analysis and Sraffa’s analysis (SA) (e.g. England 1986; Christensen 1987; Judson 1989; Patterson 1996). The first part of the present chapter: (i) compares the theoretical basis of EEA from the point of view of Piero Sraffa, a view that was not examined by Georgescu-Roegen; (ii) examines EEA critically in terms of Georgescu-Roegen’s flow-fund model; and (iii) compares SA and GeorgescuRoegen’s flow-fund model. The second part of the chapter is a theoretical analysis of the viability conditions of solar technology for three flow-fund models.