TopPage>3 THE PRINCIPLE OF HEAT CONVERSION

Figure 4 The Principle of Heat Conversion


Figure 4 shows the principle of heat conversion, such as is commonly applied in a home water boiler. Comparing the input-output relationships mentioned in the previous section with those of Figure 4 results in the correspondences shown by Table 1.

Table1 Input-Output Relationships of Each System

System

Input‡@

Output‡A

Input‡B

Output‡C

Heat Conversion

Cold water

Hot water

High temperature

Low temperature

Economic
system

Production

Resources

Commodity

Labor

Waste

Consumption

Commodity

Labor

Household labor

Waste

Decomposition

Waste

Resources

Labor

Useless heat

By treating resources, labor, commodities, and waste as economic components, and treating matter, energy, information, and entropy as physical elements, the following correspondences, listed in Table 2 are established between them.

Table 2 Economic Components and Physical Elements

No.

Economic Component

Physical Element

(1)

Resources

Matter and Information

(2)

Labor

Information and Energy

(3)

Commodity

Information and Matter

(4)

Waste

Matter and Entropy

(5)

Useless heat

Entropy

It is a general approach of science to reduce a substance to its elements; i.e., a molecule is made up of atoms.

The circulation of the aforementioned economic components, as controlled by market mechanisms, is observed outside the production-consumption-decomposition system. Inside each of these systems, the exchange of physical elements is observed as shown in Figure 4 The Principle of Heat Conversion. The economic process can be defined by the flow of these economic components and physical elements, as shown in Figure 5 A Metabolism Model.