"And, more recently, physicist [[Robert Ayres]] has repeatedly stressed in his writings the central notion of energy in all economies: “**the economic system is essentially a system for extracting, processing and transforming energy as resources into energy embodied in products and services**.”" ([Location 555](https://readwise.io/to_kindle?action=open&asin=B08SGC3TD3&location=555)) --- **Tags** -- [[quotes]], [[systems-thinking]], [[economics]], [[energy-conversion]], **Source** -- [[202412030828 - B - How the World Really Works]]