Florida Investment Network


Recent Blogs


Pitching Help Desk


Testimonials

"Thank you very much for the extra input with my Restaurant/Nightclub proposal. I already have a couple investors who are requesting more info, and that's less than 24hrs after submitting the proposal to you. I am very pleased."
Rodrick Agcaoili


 BLOG >> Recent

Maximum Power Principle [Economics
Posted on December 26, 2014 @ 10:27:00 AM by Paul Meagher

Today I want to begin discussing the maximum power principle. Credit for the maximum power principle as I will be discussing it is due theoretical biologist Alfred Lotka and was more fully elaborated by systems thinker Howard T. Odum.

A bit of context first.

There is a maximum power theorem in electronics that I do not claim to be an expert on but which provided some inspiration to Mr. Odum. Mr. Odum also uses the Atwood Machine in some of his explanations of the maximum power principle, where an Atwood Machine is just a heavy weight placed on the down size of a rope with pully. You are then asked to imagine what happens when you put couterbalancing weights of different mass on the other side of the rope. Maximum power in the system is achieved when you select a counterweight that delivers the maximum amount of work in the shortest amount of time - a counterweight that is around 50 to 60% of the weight of the heavy weight on the other end. Power output is reduced when the weight is so light that considerable power is lost as heat when the heavy weight crashes down to earth. Power output is also reduced then the counterweight is so heavy that is moves very slowly up the other side of the Atwood Machine. Maximum power is achieved when the loading is optimal relative to the energy available to drive the system (the potential energy in the heavy weight on the other end of the pully).

Mr. Lotka and Mr. Odum originally proposed the Maxiumum Power Principle as a 4th law of thermodynamics, a law that would provide for a physical interpretation of why natural selection occurs. The physical principle that natural selection might be satisfying is to cycle power from the available energies in the system at a maximum rate.

The physicists have so far not jumped on the idea that there might be a fourth law of thermodynamics that might serve to explain much more about why the natural world is organized as it is.

The idea that we as individuals, as a business group, as a nation, or as a species are adapted to maximize power consumption in order to survive and compete has a certain amount of plausibility and explanatory power to it. It is worrying to some who see our maximum power tendancy as hard coded into our DNA making us unable, as a species, and as a market economy, to slow down our drive to exploit as much energetic power as we can in as short a time as we can. Humans are the supreme power maximizers and our effects have lead many to call the current era "The Anthopocence Era".

Discussions of the maximum power principle can quickly shift from physics to sociology which makes some physicists uncomfortable with the idea, but an increasing number of writers are starting to wrestle with the implications of the maximum power principle (see Kurt Cobb's Greed Explained article), how we should understand it, and perhaps counteract the tendency to exploit power at maximum rates. Some Buddhist teachings have recognized the tendency, that maximum power does not produce maximum happiness, and encourage disciples to live more contemplatively and less acquisitively.

The final observation I will make today about maximum power is whether there is a corresponding aesthetic which goes with it. The designed landscape, either around the home, the garden, the farm, and the park might be most preferred when the power output of that landscape appears to be maximized. In a forest garden, the idea is to plants trees at every level of the understory from the top canopy layer, to the small trees, to the shrubs, to the vines, to the tall plants and short plants. Productive ecosystems like this will sometimes occur in nature, but will probably not contain all the edible plants we might want to see in a forest garden understory. If one were to encounter such a garden, my guess is that most people would find it aesthetically pleasing. Is it because all the colors, textures, smells and edibles are pleasing at many levels, or is there an additional and significant principle of maximum power cycling that is also being appreciated?

Maximum power may not be so bad as we think if we understand it to mean the harnessing of available energies at a maxium power rate in a way that is more sustainable. To be more sustainable we must be more intelligent about how we harness the available energies to create landscapes that are less energy intensive. We are still maximizing power but the amount of power could be voluntarily set at a lower set point which would require us to re-organize our ways so as to live within a new energy envelope. Producing more of our own food and goods ourselves and locally, travelling less intensively, buying smarter, recycling more, wasting less energy, and sharing more are few ways to lower the energy envelope in a way that maximizes power in the context of lower overall energy usage. Strategies like this can lead to better individual and group-level resilience in the face of whatever the future might hold.

Permalink 

 Archive 
 

Archive


 November 2023 [1]
 June 2023 [1]
 May 2023 [1]
 April 2023 [1]
 March 2023 [6]
 February 2023 [1]
 November 2022 [2]
 October 2022 [2]
 August 2022 [2]
 May 2022 [2]
 April 2022 [4]
 March 2022 [1]
 February 2022 [1]
 January 2022 [2]
 December 2021 [1]
 November 2021 [2]
 October 2021 [1]
 July 2021 [1]
 June 2021 [1]
 May 2021 [3]
 April 2021 [3]
 March 2021 [4]
 February 2021 [1]
 January 2021 [1]
 December 2020 [2]
 November 2020 [1]
 August 2020 [1]
 June 2020 [4]
 May 2020 [1]
 April 2020 [2]
 March 2020 [2]
 February 2020 [1]
 January 2020 [2]
 December 2019 [1]
 November 2019 [2]
 October 2019 [2]
 September 2019 [1]
 July 2019 [1]
 June 2019 [2]
 May 2019 [3]
 April 2019 [5]
 March 2019 [4]
 February 2019 [3]
 January 2019 [3]
 December 2018 [4]
 November 2018 [2]
 September 2018 [2]
 August 2018 [1]
 July 2018 [1]
 June 2018 [1]
 May 2018 [5]
 April 2018 [4]
 March 2018 [2]
 February 2018 [4]
 January 2018 [4]
 December 2017 [2]
 November 2017 [6]
 October 2017 [6]
 September 2017 [6]
 August 2017 [2]
 July 2017 [2]
 June 2017 [5]
 May 2017 [7]
 April 2017 [6]
 March 2017 [8]
 February 2017 [7]
 January 2017 [9]
 December 2016 [7]
 November 2016 [7]
 October 2016 [5]
 September 2016 [5]
 August 2016 [4]
 July 2016 [6]
 June 2016 [5]
 May 2016 [10]
 April 2016 [12]
 March 2016 [10]
 February 2016 [11]
 January 2016 [12]
 December 2015 [6]
 November 2015 [8]
 October 2015 [12]
 September 2015 [10]
 August 2015 [14]
 July 2015 [9]
 June 2015 [9]
 May 2015 [10]
 April 2015 [9]
 March 2015 [8]
 February 2015 [8]
 January 2015 [5]
 December 2014 [11]
 November 2014 [10]
 October 2014 [10]
 September 2014 [8]
 August 2014 [7]
 July 2014 [5]
 June 2014 [7]
 May 2014 [6]
 April 2014 [3]
 March 2014 [8]
 February 2014 [6]
 January 2014 [5]
 December 2013 [5]
 November 2013 [3]
 October 2013 [4]
 September 2013 [11]
 August 2013 [4]
 July 2013 [8]
 June 2013 [10]
 May 2013 [14]
 April 2013 [12]
 March 2013 [11]
 February 2013 [19]
 January 2013 [20]
 December 2012 [5]
 November 2012 [1]
 October 2012 [3]
 September 2012 [1]
 August 2012 [1]
 July 2012 [1]
 June 2012 [2]


Categories


 Agriculture [77]
 Bayesian Inference [14]
 Books [18]
 Business Models [24]
 Causal Inference [2]
 Creativity [7]
 Decision Making [17]
 Decision Trees [8]
 Definitions [1]
 Design [38]
 Eco-Green [4]
 Economics [14]
 Education [10]
 Energy [0]
 Entrepreneurship [74]
 Events [7]
 Farming [21]
 Finance [30]
 Future [15]
 Growth [19]
 Investing [25]
 Lean Startup [10]
 Leisure [5]
 Lens Model [9]
 Making [1]
 Management [12]
 Motivation [3]
 Nature [22]
 Patents & Trademarks [1]
 Permaculture [36]
 Psychology [2]
 Real Estate [5]
 Robots [1]
 Selling [12]
 Site News [17]
 Startups [12]
 Statistics [3]
 Systems Thinking [3]
 Trends [11]
 Useful Links [3]
 Valuation [1]
 Venture Capital [5]
 Video [2]
 Writing [2]