https://cibgp.com/au/index.php/1323-6903 <div class="col-xs-12 col-sm-12 col-md-6 col-lg-6 siteContent"> <div class="row "> <div class="col-xs-12"> <div class="row margin20"> <p><span style="font-family: 'Calibri',sans-serif;" data-sider-select-id="b2f49210-64d8-4396-9dd9-a1e28e0c0850">Welcome to <strong data-sider-select-id="8b2be8b1-fe4f-4c29-b09a-80288c556d8c">The Journal of Contemporary Issues in Business and Government [ISSN: 1323-6903]</strong>, a distinguished open-access platform dedicated to the dissemination of scholarly research with profound implications for business decision-making and government policy. <strong>Published by Ninety Nine Publication</strong>, our journal thrives on the principles of integrity, rigorous scholarship, and the broad dissemination of knowledge under the <strong data-sider-select-id="ec8805f8-79c4-4ee8-84bc-8b5332f90e59">ISSN: 1323-6903.</strong></span></p> <p><strong><span style="font-family: 'Calibri',sans-serif;">ISSN: 1323-6903 | Founded: 1995 (print) &amp; 2006 (Online) | Open Access | Rigorous Peer Review | CC BY 4.0 |Publication Frequency: Quarterly |Digital Archiving: CLOCKSS and LOCKSS | Publisher: Ninety Nine Publication</span></strong></p> <p>As we navigate the future, The Journal of Contemporary Issues in Business and Government continues to serve as a bridge across disciplines, enriching the dialogue between business, government, and academia. We invite you to explore our rich history, contribute your research, and join us in shaping the future of scholarly communication. Visit us at <a href="https://cibgp.com/au/index.php/1323-6903/about" target="_blank" rel="noopener">about us</a> to learn more.</p> </div> </div> </div> </div> Ninety Nine Publication en-US The journal of contemporary issues in business and government 1323-6903 <h2 id="rights">You are free to:</h2> <ol> <li><strong>Share </strong>— copy and redistribute the material in any medium or format for any purpose, even commercially.</li> <li><strong>Adapt </strong>— remix, transform, and build upon the material for any purpose, even commercially.</li> <li>The licensor cannot revoke these freedoms as long as you follow the license terms.</li> </ol> <h2 id="terms">Under the following terms:</h2> <ol> <li class="cc-by"><strong>Attribution </strong>— You must give <a id="src-appropriate-credit" href="https://creativecommons.org/licenses/by/2.0/deed.en#ref-appropriate-credit">appropriate credit </a>, provide a link to the license, and <a id="src-indicate-changes" href="https://creativecommons.org/licenses/by/2.0/deed.en#ref-indicate-changes">indicate if changes were made </a>. You may do so in any reasonable manner, but not in any way that suggests the licensor endorses you or your use.</li> <li><strong>No additional restrictions </strong>— You may not apply legal terms or <a id="src-technological-measures" href="https://creativecommons.org/licenses/by/2.0/deed.en#ref-technological-measures">technological measures </a>that legally restrict others from doing anything the license permits.</li> </ol> <h2 class="b-header has-text-black padding-bottom-big padding-top-normal">Notices:</h2> <p>You do not have to comply with the license for elements of the material in the public domain or where your use is permitted by an applicable <a id="src-exception-or-limitation" href="https://creativecommons.org/licenses/by/2.0/deed.en#ref-exception-or-limitation">exception or limitation </a>.</p> <p>No warranties are given. The license may not give you all of the permissions necessary for your intended use. For example, other rights such as <a id="src-publicity-privacy-or-moral-rights" href="https://creativecommons.org/licenses/by/2.0/deed.en#ref-publicity-privacy-or-moral-rights">publicity, privacy, or moral rights </a>may limit how you use the material.</p> https://cibgp.com/au/index.php/1323-6903/article/view/2849 <p>In the century and a half since Maxwell first conjured his “finite being” which Lord Kelvin subsequently dubbed a “daemon”, researchers have explored the connections between non-equilibrium thermodynamics, entropy, and information theory. In recent years various Thermodynamic Uncertainty Relations (TURs) have been derived to inform upon the relationship between the entropy production and the precision possible in thermodynamic machines and processes. In this paper the recently derived TURs are applied to a hypothetical thermodynamic economy. The TURs define the lower bound on the total entropy production of the economy. Changes in the economy’s entropy production rate have important consequences for the stability of the economic systems, the growth of inflation and play a central role in the evolution of the business cycle. This new perspective has important implications for policy makers, researchers, and other economic actors.</p> Edgar Parker Copyright (c) 2024 Edgar Parker https://creativecommons.org/licenses/by/2.0/deed.en 2024-11-30 2024-11-30 30 4 1 10