History and Purpose of Technocracy (Part 3 of First Response)

[TBonePickensetc]

Energy economics

Physical scientists and biologists were the first individuals to use energy flows to explain social and economic development. Joseph Henry, an American physicist and first secretary of the Smithsonian Institution, remarked that the "fundamental principle of political economy is that the physical labor of man can only be ameliorated by the transformation of matter from a crude state to a artificial condition...by expending what is called power or energy."