Thoughts On Economics

1.0 Introduction This post presents two approaches to fixed capital. The first emphasizes power and convention. It emphasizes that the ...

I thought I would try to summarize again some objections to the Austrian school. Austrian Business Cycle Theory (ABCT) focuses on the co...

1.0 Introduction This post revisits my example with fixed capital and two types of land. It presents, by means of an example, the concept...

Figure 1: Demand Curve for Labor I have created and worked through an example in which a machine with a physical life of three year...

I occasionally list theoretical possibilities that I think interesting. Outside of a working paper at Centro Sraffa, I have not managed to...

1.0 Introduction This post revisits my example of the recurrence of truncation without reswitching. In this example, the choice of techni...

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...

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

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