Thoughts On Economics

Figure 1: Skilled Labor Hired by Firms per Unit Output 1.0 Introduction This example is from Opocher and Steedman (2015). They pres...

1.0 Introduction A couple of months ago, I read John Locke's Second Treatise of Government . He has a caveat on his theory of property...

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

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

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

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

I have noted Paul Romer 's confusions before . For example, consider the following passage: "In the conventional specification,...

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

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

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...

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

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

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...