Entropy Economics: Understanding the World as It Is

The LBJ School, one of the nation’s top public affairs schools, makes a difference, not only within the walls of academia, but also in the public and social dialogue of the world. Contributing viable solutions to society is the LBJ School’s legacy and its benchmark. Its effectiveness in channeling the purpose and passion of students into professional careers is evident in the success of more than 4,000 graduates who are the living legacy of President Johnson’s bold and fearless action. For more, visitlbj.utexas.edu.

The LBJ School of Public Affairs

Join us for an exciting discussion with LBJ professors Raj Patel &amp; James Galbraith on the latter's latest book, Entropy Economics.

Lyndon B. Johnson School of Public Affairs - SRH 3.122

Textbook microeconomics' lifeless abstractions of supply/demand, equilibrium and “perfect” markets contradict the common sense of many, and that is because they contradict the most basic principles of the living world. Join us for an exciting discussion with LBJ professor James Galbraith on his latest book, Entropy Economics, which presents a real-world alternative, centered on theories of value and production, consistent with modern science, showing why governments and markets must work together to draw on resources, manage uncertainty and control inequalities. The discussion will be moderated by LBJ professor Raj Patel.Rated the “Top New Release” in Microeconomics by Amazon, and mentioned in “for further reading” by the <a href="https://www.ft.com/content/1b789d03-afb7-4c4c-8544-de163f307691" title="https://www.ft.com/content/1b789d03-afb7-4c4c-8544-de163f307691" target="_blank" data-msys-clicktrack="0" rel="nofollow noopener noreferrer">Financial Times</a>.

<h3>Lunch will be available for all attendees.</h3>

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Entropy Economics: Understanding the World as It Is

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Entropy Economics: Understanding the World as It Is

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