Abstract
This paper examines how the phenomena of emergence and complexity can be applied to the analysis of physical Hewett-Hubbert resource bubbles and historical dynasties. Concepts and definitions of energy, the laws of thermodynamics, efficiency, power and other useful terminology are introduced. Relevant proposed extensions of the Second Law of Thermodynamics are discussed. Several definitions of complexity are discussed and critiqued, including the energy rate density approach. Approaches between energy rate density and entropy approaches are compared. The divergence between energy rate density and complexity artifacts is explored. Principles of extended thermodynamics are then applied to the emergence of medium-term dissipative structures, such as the rise and fall of physical resource bubbles and historical dynasties. Changes in complexity are discussed when resource bubbles and historical dynasties progress through their processes of emergence. Patterns in complexity change are identified and a characteristic complexity profile for resource bubbles and historical dynasties is articulated.
Published Version
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