This book investigates the foundational principles of bioeconomics as established by Nicholas Georgescu-Roegen and their critical role in the development of modern ecological economics. Kozo Mayumi, a scholar deeply familiar with Georgescu-Roegen's work, synthesizes complex thermodynamic concepts with economic theory to explain why traditional models fail to account for entropy and resource depletion. The text argues that the physical limits of the planet must dictate the boundaries of economic growth and human activity.

Experts recognize this work as a vital resource for understanding the theoretical roots of ecological economics. Readers frequently note the academic density of the prose, which requires a foundational understanding of both economic theory and physical science to fully grasp the author's arguments.