# Time for a Change: Introducing irreversible time in economics

- Institution: Gresham College
- Speaker: Dr Ole Peters
- Year: 2012
- Level: For everyone
- Language: English
- Subjects: Mathematics, Earth and environment, Economics, Business and management, Philosophy
- Source: [Gresham College](https://www.gresham.ac.uk/watch-now/time-change-introducing-irreversible-time-economics)
- Licence: [Educational use (Gresham College's terms)](https://www.gresham.ac.uk/terms-and-conditions)
- Who can watch: Teens profiles and older (sources give no ratings; placed by Invisible Network from the source's own words)

This lecture is an exploration of the remarkable consequences of using Boltzmann's 1870s probability theory and cutting-edge 20th-century mathematics in economic settings. Thereby an understanding of risk, market stability and economic inequality emerges.

## Lectures

1. [Time for a Change: Introducing irreversible time in economics](https://invisiblenetwork.ai/learn/gresham/time-change-introducing-irreversible-time-economics/8fa9ac64bee2) (YouTube)