Thoughts On Economics

I probably will not order the first two. But I think their existence is of interest. And I do not currently have access to the third. Nor...

Figure 1: Wage-Rate of Profits Curves and their Frontier 1.0 Introduction This post is a generalization of a neoclassical one-good model ...

Joshua Clover has a great one-page article on Krugman in this week's Nation . I'd like to quote the whole thing. But I'll make...

Figure 1: Coefficients of Production for the Technology 1.0 Introduction This post advances, somewhat, my start at a reconsideration of ...

Lars Syll has written a post , titled "Economics Textbooks - Decades of Scientific Fraud". If you had not already read it, could ...

1.0 Introduction This post summarizes one aspect of a theorem presented and proved by Roy Radner (1980). I have previously expressed skep...

Ratio of the Value of Capital to Labor This post summarizes a numeric example in which at least one country is unambiguously worse off und...

Table 1: Politicians in State Legislatures Ignorant of Strength of Constituent Support for Universal Health Care Table 2: Politicians...

Some Works By Marx Not Available Until The 20th Century 1.0 Introduction Surprisingly, current understanding, among scholars, of the tho...

Capital-Labor Ratio for a Country Engaged in International Trade I have made a new paper available at my SSRN site. Here is the abstract:...

It seems to me that this echoes part of Steve Keen's point in Debunking Economics and, further, Keen's Physica A paper with Russe...

1.0 Introduction One might study economics because one wants to explore the ruling ideas of the ruling class in our society. The literatur...

Table 1: Comparison of Croce and Mises Croce Mises Subject: Pure economics Praxeology Principle: Economic Principle Human Action Distin...

1.0 Introduction Marx explains returns to capital by his theory of surplus value. For Marx, surplus value arises from the exploitation of ...

1.0 A Harcourt Quotation I think of Geoff Harcourt as being known for, at least: Surveys of the Cambridge Capital Controversies (CCC) Ma...

Figure 1: 2012 Qualified Dividends and Capital Gain Tax Worksheet The tax system in the United States favors income from property, while...