Thoughts On Economics

Friday, December 30, 2016

On Ajit Sinha On Sraffa

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Over at the Institute for New Economic Theory (INET), Ajit Sinha discusses the Sraffian revolution. Scott Carter cautions that, in inter...
4 comments:
Tuesday, December 27, 2016

Tangency of Wage-Rate of Profits Curves

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Figure 1: The Choice of Technique in a Model with One Switch Point 1.0 Introduction This post presents an example in which vertical...
Wednesday, December 21, 2016

Example Of The Choice Of Technique

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Figure 1: Aggregate Production Function 1.0 Introduction This long post presents an analysis of the choice of technique in a three-...
2 comments:
Tuesday, December 20, 2016

The Production of Commodities and Multiple Interest Rate Analysis

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I've rewritten my analysis of the application of multiple interest rate analysis to models of the production of commodities by means of...
Friday, December 16, 2016

Perturbation Of A Reswitching Example

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Figure 1: Wage-Rate of Profits Curve for Two Techniques 1.0 Introduction In this post, I consider a perturbation of the data on tec...
Monday, December 12, 2016

Trivial Application of Multiple Interest Rate Analysis

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I should have put the following in my working paper , on Basic Commodities and Multiple Interest Rate Analysis . This would go somewhere af...
Friday, December 09, 2016

Basic Commodities and Multiple Interest Rate Analysis

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I have a new working paper on the Social Science Research Network: Abstract: This paper considers the application of multiple interest ra...
Tuesday, December 06, 2016

Bifurcations In Multiple Interest Rate Analysis

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Figure 1: Three Trinomials 1.0 Introduction Typically, in calculating the Internal Rate of Return (IRR), a polynomial function arise...
2 comments:
Thursday, November 17, 2016

The Choice Of Technique With Multiple And Complex Interest Rates

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I have expanded this post into a working paper . The abstract is: Abstract: This paper clarifies the relationships between Internal Rat...
Saturday, November 05, 2016

Teaching Calculus To Kids These Days?

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1.0 Introduction A couple of years ago I saw somebody in my local library who was obviously tutoring students in mathematics. I cannot rec...
Saturday, October 22, 2016

Multiple And Complex Internal Rates Of Return

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Figure 1: One Real and Two Complex Rates of Profit for Alpha Technique 1.0 Introduction My intent, in this post, is to refute a few ...
Saturday, October 08, 2016

Why Republicans in the USA are "The stupid party"

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1.0 Introduction In 1865, John Stuart Mill , when he was almost 60, was elected to Parliament. He represented the radical wing of the Li...
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