Friday, October 16, 2026

Recurrence Of Truncation Without Reswitching: Another Example

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Figure 1: Demand for Labor in the Corn Industry 1.0 Introduction I have previously worked through an example of the recurrence of tr...
Tuesday, October 13, 2026

Mike Woodford Confused: Is Money Like Oil Or Like Sand In The Gears?

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The 2026 'Nobel' prize in economics goes to Robert E. Hall and Michael Woodford. I happen to already have an opinion that Woodford...
Thursday, October 08, 2026

Anwar Shaikh (1945 - 2026)

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Anwar Shaikh has died. Those who knew him or are more familiar with his work will have more to say. I know a few elements of his work: ...
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Monday, October 05, 2026

Finding Rents By Solving A LCP

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This post is a continuation of this previous one . I solve a numerical example at a given rate of profits. In this example combining extens...
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Friday, October 02, 2026

Finding Rent By Solving A Linear Complementarity Problem (LCP)

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1.0 Introduction This post is revisiting this example of extensive and intensive rent . I find writing up examples of rent difficult beca...
Wednesday, September 30, 2026

A Bibliography Of Articles On Rent, Natural Resources, and the Space Economy

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I have various results in examples with rent, and unsolved problems exist in the literature. Vienneau (2022) shows an example of the reswit...
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Monday, September 28, 2026

Marx: Why Have Any Science At All?

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I like to point out that Marx had sense . Engels lent him the necessary pence. The Unpaid Working Day As The Source Of Surplus Value As ...