Toward better understanding of energy in economics: Improvements to the Garrett thermodynamic economic model yield a robust system

In a series of papers, Garrett, et al, presents a thermodynamic economic model first laid out in "Are there basic physical constraints on future anthropogenic emissions of carbon dioxide?". This model contains a key conceptual issue that obscures a robust system. This system can link to the Energy Based Cobb-Douglas equation. The key conceptual problem is the belief that $λ$, the symbol for growth in Garrett 2011 would disprove the model if it was not constant. However, $λ$ cannot be a constan...