Comments on Entropy Economics by Galbraith and Chen
#economics #entropy #resources
The greatest compliment that I can to give Entropy Economics is that the vast majority of today’s economists would not recognize it as a work on economics at all. There’s far too much about Nature in it! There’s nothing about how agents form their preferences! And there is no proof of the equilibrium conditions! Where’s the economics???In other words, Entropy Economics is a work that develops at least part of the new paradigm that economics so desperately needs.
woodland creature
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