Thoughts On Economics

Saturday, October 11, 2025

Prohibitions On Tactics In Negotiating Your Wage

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Pro-capitalists often depict wages as being determined by free negotiations between employers and employees. They ignore conventions and no...
Wednesday, October 08, 2025

Ludwig Von Mises, Crackpot Conspiracy Theorist?

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I get this from Sam Tanenhaus' new biography of William F. Buckley, Jr. The index entry for Von Mises is in error. The John Birch Soc...
Saturday, October 04, 2025

Skilled Labor, Labor Values, Prices Of Production

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1.0 Introduction Suppose not all labor in a capitalist economy is 'unskilled' . Some jobs require specific skills that somehow com...
Thursday, October 02, 2025

John Stuart Mill, Avowed Socialist

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I have been reading some secondary literature on John Stuart Mill. He was explicitly against meritocracy, although that term was not availa...
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Saturday, September 27, 2025

Rent As Joint Production

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I here think about Sraffa's price equations for rent. I try to formulate them explicitly as the system of price equations in the chapte...
Wednesday, September 24, 2025

Textbooks For Marxian Political Economy

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Suppose you find Marx's Capital intimidating. You could start with textbooks. I confine myself to a selection in English. I start wi...
Monday, September 22, 2025

Some Literature On The Compatibility Of Exhaustible Resources With Classical Political Economy

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I have been writing about natural resources that emerge unchanged from the production processes. In contrast, Bidard & Erreygers (200...
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