ABSTRACT
To demonstrate that “the economic process is entropic in all its material fibers” (Georgescu-Roegen, 1984, 28) Georgescu-Roegen repeatedly used a consolidated flow-fund matrix as an analytical representation of “a stationary economy surrounded by its natural environment” (1971, 254) or of “the economic process in relation to the environment according to the energetic dogma” (1979, 1028; 1981, 56; 1982, 8) or simply “the relationships between the economic process and the environment” (1984, 27).
