Thursday, April 17, 2025

Technological Progress In The Production Of Type II Tractors

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Figure 1: Variation in the Choice of Technique with Technical Progress This post is a continuation of an analysis of an example in the...
Wednesday, April 16, 2025

Publicly Available Matlab Code For The Analysis Of The Choice Of Technique

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I have created a project on GitHub: SraffianAnalysis . This directory contains Octave code to support the analysis of the choice of tech...
1 comment:
Monday, April 14, 2025

Recent Work On The Economic Calculation Problem

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This post is mostly a bibliography. I know that Ludwig Von Mises' argument that socialist central planning will not work is invalid ....
2 comments:
Friday, April 11, 2025

Austrian Capital Theory And Triple-Switching In The Corn-Tractor Model

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Table 1: Lower Rate of Profits around a Switch Point Tradional Marginalist Story 'Perverse' Marginalist Story Traditional Austrian...
Monday, April 07, 2025

Robert Lucas On Recessions As Workers Choosing To Take Long Vacations

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Why, under capitalism, do periods of persistent unemployment arise? Robert Lucas says the problem is to explain why workers do not to want ...
Thursday, April 03, 2025

Perturbations Of Selected Parameters In The Corn-Tractor Model

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Figure 1: Partitioning a Part of the Parameter Space with Fluke Cases 1.0 Introduction This post is a continuation of the first examp...
Monday, March 31, 2025

Duncan Foley On Why General Equilibrium Maybe Is Not Neoclassical Economics

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Duncan Foley participated in a 2003 conference comparing and contrasting general equilibrium theory with long period models developed by ad...