Thoughts On Economics

Sraffa (1960) is an epoch-making book . It is a part of a demonstration that neoclassical economic theory is incoherent and incorrect. Ia...

I have been reading Steve Keen's 1990 doctoral thesis . As I understand it, Marx explains the origin of surplus value, in Capital , by ...

Marx provides a supposed proof of the labor theory of value (LTV) in the first section of the first chapter of the first volume of Capital ...

I have been looking at Marx's notes to himself, late in life, on the calculus. Marx relied on an out-of-date textbook, J. L. Boucherla...

Well-known contributions to philosophy in Europe and America in the twentieth century are often divided into analytical and continental phi...

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

Shapiro Explaining Critical Race Theory Correctly Before Criticizing It I have not actually read Shapiro's Lions and Scavengers"...

Sraffa, in his archives in the 1940s and 1950s, is quite appreciative of Karl Marx's analysis of capitalism. This appreciation contrast...

1.0 Introduction Do scarce natural resources provide additional difficultes for modern reconstructions of classical and Marxian theories o...

Marx, like Adam Smith and Walt Rostow, had a stages theory of history. Feudalism was succeeded by capitalism, and capitalism is to be succe...

This is more for my commonplace book. The first two quotations are part of a symposium with Morishima and Samuelson: "This paper ...

I have expressed an appreciation before of the section in Capital on commodity fetishism. Perhaps this section stands up to a critique o...

1.0 Introduction This post illustrates a derivation of prices of production, based on certain properties of duality theory as applied to l...

1. Introduction Elsewhere on the internet, I have been explaining my understanding of some rudiments of the political economy of Karl Marx...