Thoughts On Economics

Friday, January 09, 2026

Elsewhere

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Sraffa's Reswitching Silliness : Uncomprehending ignorance. The New School, in Manhattan, is one of the few places in the United S...
3 comments:
Monday, January 05, 2026

Rent With Multiple Agricultural Commodities

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1.0 Introduction My next problem might be to explore how to apply an analysis of the orders of efficiency and rentability to a model of re...
Monday, December 29, 2025

John Stuart Mill Explains Profits As The Result Of The Exploitation Of Labor

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I find this passage based on guidance from Samuel Hollander: "The cause of profit is, that labour produces more than is required for...
Wednesday, December 24, 2025

Existence Of A Cost-Minimizing Solution In A Model With Extensive And Intensive Rent

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1.0 Introduction This post presents a special case model combining extensive and intensive rent. No joint production, other than that asso...
Thursday, December 18, 2025

Socialism Works As Participatory Budgeting

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Socialists are not waiting for the revolution. They have started building socialism here and now. Participatory budgeting is one process ...
Tuesday, December 09, 2025

A Switch Point Without Intersecting Wage Curves

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Figure 1: Start of Wage Curves, with One Real and One Fake Switch Point 1.0 Introduction This post presents another numeric example...
1 comment:
Saturday, December 06, 2025

Neither Socialist Nor Pro-Capitalist In The Underworld

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This post briefly describes some advocates of some strange ideas near the start of the twentieth century. I am avoiding socialists and Marx...
2 comments:
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