Thoughts On Economics

Tuesday, June 30, 2015

Recurrence Of Capital-Output Ratio Without Reswitching

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Figure 1: Recurrence of Capital-Output Ratio 1.0 Introduction This example is from Arrigo Opocher and Ian Steedman. It illustrates t...
Saturday, June 20, 2015

Election Paradoxes And Faustian Agents

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I have been trying to reread Donald Saari on election paradoxes . I have previously considered a few parallels between the Condorcet parado...
Saturday, June 06, 2015

Bertrand Russell, Crank

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On the Post Topic Some great thinkers compare their work to the works of Nicolaus Copernicus or of Galileo: "The old logic put th...
Saturday, May 30, 2015

Data By Country On Gross And Net Investment?

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My article demonstrating the empirical soundness of a simple labor theory of value needs updating. In particular, I should calculate the r...
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Wednesday, May 20, 2015

Paul Romer Confused On Capital Theory

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I have noted Paul Romer 's confusions before . For example, consider the following passage: "In the conventional specification,...
5 comments:
Saturday, May 16, 2015

Free Trade In The Popular Consciousness

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I think it important to oppose errors, both when they are formulated by supposedly rigorous economic thinkers and when they are popularl...
Thursday, May 07, 2015

Growth Versus Levels

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As far as I can see, mainstream economists generally believe: Policy changes that raise the level of growth of the economy are more impor...
4 comments:
Saturday, May 02, 2015

Aulë's Children Or Durin's Folk

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I have been reading the Younger Edda . I am not sure if I will finish it. Anyways, when I came to an account of the dwarves, I found I reco...
Tuesday, April 21, 2015

An Example With Heterogeneous Labor

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Figure 1: "Labor Demand" in the Consumer Goods Industry 1.0 Introduction In this post, I work through an example created b...
Thursday, April 16, 2015

A Plague On Both Your Houses

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In a Bloomberg News piece , Noah Smith makes some false claims. I think his mistakes - what Eatwell and Milgate call an imperfectionist v...
Friday, April 03, 2015

How To And How Not To Attack Marx's Economics

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1.0 Introduction I am currently reading John Roemer's Free to Lose . I thought I would outline some areas where Marx can be criticized...
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Saturday, March 21, 2015

On Mainstream Economists' Ignorance Of Real Analysis

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"Logic sometimes makes monsters. Since half a century we have seen a crowd of bizarre functions which seem to try to resemble as litt...
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Thursday, March 12, 2015

Purge of Heterodox Economists Underway at Manitoba?

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I stumbled across an article published yesterday in "The students' newspaper of the University of Manitoba". Apparently, the...
Monday, March 09, 2015

Newton Method, Re-Iterated

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Figure 1: Cube Roots Of Unity, Rotated, Newton's Method I have been re-visiting my program for drawing fractals with Newton's...
Friday, February 27, 2015

Bad Math In Good Math

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1.0 Introduction and Overview of the Book Mark C. Chu-Carroll's blog is Good Math, Bad Math . His book is Good Math: A Geek's Guid...
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