James K. Galbraith and Joseph E. Stiglitz for PS Book Recommendations

Your weekly reading inspiration, provided by PS contributors. The PS Book Recommendations newsletter. [View this message in a web browser.]( [PS Book Recommendations]( Welcome to PS Book Recommendations, your weekly source of reading inspiration, provided by PS contributors. This week’s edition features James K. Galbraith, Professor of Government and Chair in Government/Business Relations at the University of Texas at Austin, and Joseph E. Stiglitz, a Nobel laureate in economics and University Professor at Columbia University. By a PS Contributor [Entropy Economics The Living Basis of Value and Production]( By James K. Galbraith and Jing Chen Galbraith says: “Entropy Economics seeks to recast two basics of economic thought – the theory of value and the decision to produce – in terms that are simple, realistic, and compatible with biology and physics (that is, with evolution and thermodynamics). Jing Chen and I show that our approach clarifies many social and policy issues, including the roles of government and regulation, free trade and protection, equality and inequality, innovation and monopoly power, resource costs and depletion, risk and uncertainty, and human demography. Along the way, we shed a great deal of obsolete baggage – equilibrium, optimization, perfect competition, rationality – that has bedeviled economics students and practitioners for over 150 years.” [Pre-order]( Entropy Economics and [read more]( from Galbraith. Joseph E. Stiglitz Recommends... [The Wizard of the Kremlin]( By Giuliano da Empoli Stiglitz says: “This gripping novel is narrated by Putin’s ‘Rasputin’ – the television producer-turned-political adviser Vadim Baranov – and provides insights into Russia, Western society, and current geopolitics.” Don’t miss our PS Say More interview with Stiglitz, in which he highlights four inflation risks associated with another Donald Trump administration, explains what US Republicans get wrong about freedom, identifies the principles that should guide a post-neoliberal agenda, and more. [Read now](. [PS. Save 30% on a new Digital subscription with our special introductory offer.]( [Facebook]( [Twitter]( [LinkedIn]( Project Syndicate publishes and provides, on a not-for-profit basis, original commentary by the world's leading thinkers to more than 500 media outlets in over 150 countries. This newsletter does not entitle the recipient to re-publish any of the content it contains. This newsletter is a service of [Project Syndicate](. [Change your newsletter preferences](. Follow us on [Facebook]( [Twitter]( and [YouTube](. © Project Syndicate, all rights reserved. [Unsubscribe from all newsletters](.