#jameskgalbraith — Public Fediverse posts
Live and recent posts from across the Fediverse tagged #jameskgalbraith, aggregated by home.social.
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The book #EntropyEconomics by #JamesKGalbraith and #JingChen provides a partial explanation for reckless #economic #policies of the #Trump administration. But only a partial one. I wrote about that in my latest #blog post, which you can read here. doncurren.blogspot.com/2025/09/entr...
Entropy Economics and Trump's ... -
“Over the long term, whether a system survives or prospers depends on its rate of return and not on achieving #MaximumProfit or utility in the short run.” - #JamesKGalbraith and #JingChen, Entropy #Economics: The Living Basis of Value and Production
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“Over the long term, whether a system survives or prospers depends on its rate of return and not on achieving #MaximumProfit or utility in the short run.” - #JamesKGalbraith and #JingChen, Entropy #Economics: The Living Basis of Value and Production
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“Over the long term, whether a system survives or prospers depends on its rate of return and not on achieving #MaximumProfit or utility in the short run.” - #JamesKGalbraith and #JingChen, Entropy #Economics: The Living Basis of Value and Production
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“Over the long term, whether a system survives or prospers depends on its rate of return and not on achieving #MaximumProfit or utility in the short run.” - #JamesKGalbraith and #JingChen, Entropy #Economics: The Living Basis of Value and Production
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“Over the long term, whether a system survives or prospers depends on its rate of return and not on achieving #MaximumProfit or utility in the short run.” - #JamesKGalbraith and #JingChen, Entropy #Economics: The Living Basis of Value and Production
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“Mainstream #economics … aims to forge a kind of universal #consensus in favor of certain #institutions ( #markets) and against others (big #government, central planning, #regulation).” - #JamesKGalbraith and #JingChen, Entropy Economics: The Living Basis of Value and Production
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“while #entropy is a universal law of nature, #equilibrium is nothing more than a figment of #economic models and the imagination of their creators.” - #JamesKGalbraith and #JingChen, Entropy #Economics: The Living #Basis of #Value and #Production