Thoughts On Economics

A famous author; a coiner of phrases that have become common currency among educated Americans; a shaper of the way those educated Americans...

David Skarbek asks me: I can't find a good explanation of what capital reversing is and why it matters. The link in your last post is...

I think this Oscar Wilde parody funny. Dr. Shock Therapy is justifiably not too happy with Shleifer: "In 1997, one of my colleagues in...

I think the vision underlying the neoclassical theory of value and distribution has been shown to be invalid. The Cambridge Capital Controve...

I might as well follow D-Squared and register blog posts where I am fighting battles. I argue about labor "markets", among other ...

The previous post is an expansion on an Usenet post of mine. I received the following reply from "JimF": Sraffa was, apparently, a...

Piero Sraffa is one of my favorite economists. I have been listening to a couple of mp3 files . Piero Sraffa appears in the stories these le...

I study economics as a hobby. My interests lie in Post Keynesianism, (Old) Institutionalism, and related paradigms. These seem to me to be a...