Thoughts On Economics
Wednesday, January 01, 2025
Welcome
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I study economics as a hobby. My interests lie in Post Keynesianism, (Old) Institutionalism, and related paradigms. These seem to me to be a...
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Friday, May 03, 2024
Precursors Of The Modern Revival Of Classical Political Economy
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A revolution occurred in price theory about two-thirds of a century ago. Several scholars independently developed components of this revolu...
Monday, April 29, 2024
Elsewhere
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Prof. Rowena Ball teaches a course on indigenous mathematics at Australian National University. Prof. Caroline Fohlin , an economi...
Saturday, April 27, 2024
Marxian Political Economy As Forward-Looking
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Every child knows a nation which ceased to work, I will not say for a year, but even for a few weeks, would perish. Every child knows, too,...
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Thursday, April 25, 2024
Austrian School Claims About The Period Of Production And Capital
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1.0 Introduction Economists of the Austrian school generally retain some concept that lower interest rates incentivize capitalists or entr...
Monday, April 22, 2024
A Perverse Switch Point For Neoclassical Economics, Non-Perverse For Austrians
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Figure 1: The Wage-Rate of Profits Frontier 1.0 Introduction This post completes a demonstration that the economic life of a machine...
Friday, April 19, 2024
A Letter From Marx To Engels In 1858 Outlining His Critique Of Political Economy
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I have previously repeated some transcriptions from the correspondence Marx and Engels. I tried to concentrate on some formulations from E...
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