Thoughts On Economics

Thursday, November 29, 2018

Pattern Analysis Applied to Structural Economic Dynamics with a Choice of Technique: A Numerical Example

›
I have made a working paper with the above title available on SSRN. Abstract: This article illustrates the application of pattern analy...
Sunday, November 25, 2018

Structural Economic Dynamics, Markups, Real Wicksell Effects, and the Reverse Substitution of Labor

›
I have made available a working paper with the post title. Abstract: This article presents an example in which perturbations in relati...
Saturday, November 24, 2018

On Mariana Mazzucato's The Value of Everything

›
Mariana Mazzucato's The Value of Everything: Making and Taking in the Global Economy is a popular book. She argues that we should chan...
4 comments:
Thursday, November 22, 2018

More Pattern Analysis For An Example With Fixed Capital

›
Figure 1: A Two-Dimensional Pattern Diagram 1.0 Introduction This post continues this example of the application of pattern analys...
3 comments:
Friday, November 16, 2018

Pattern Analysis for a Fixed Capital Example

›
Figure 1: A Pattern Diagram 1.0 Introduction In this example, I perturb parameters in an example of Bertram Schefold's. I was d...
2 comments:
Saturday, November 10, 2018

A Linear Program for Markup Pricing

›
Figure 1: A Partition of Price-Wage Space for a Two-Commodity Reswitching Example 1.0 Introduction This post generalizes my approac...
Friday, November 02, 2018

Extending An Example With Markup Pricing

›
Figure 1: A Two-Dimensional Pattern Diagram The example in this working paper is of an economy in which two commodities are produce...
Wednesday, October 24, 2018

Structural Economic Dynamics, Real Wicksell Effects, and the Reverse Substitution of Labor

›
I have uploaded another working paper : This article presents an example in which technical progress results in variations in the l...
3 comments:
Saturday, October 20, 2018

A Visualization of the Choice of Technique

›
Figure 1: Regions for Basis Variables 1.0 Introduction I introduced a new way of visualizing the choice of technique for two-com...
Wednesday, October 17, 2018

William Nordhaus, 2018 "Nobel" Laureate, On Labor Values

›
Suppose one wants to quantitatively measure the growth in productivity over centuries. And one wants to look at specific commodities that c...
Monday, October 08, 2018

Paul Romer, 2018 "Nobel" Laureate

›
Despite his ignorance of the Cambridge Capital Controversy, Paul Romer's recent criticisms of mainstream macroeconomics have some go...
Saturday, October 06, 2018

Normal Forms For Switch Point Patterns: A Research Agenda

›
I have been looking at the effects of perturbing parameters in models of the choice of technique. Now that I have one paper out of this r...
3 comments:
Saturday, September 29, 2018

Cambridge Capital Controversy Applied At The Level Of The Firm

›
For a number of decades, Arrigo Opocher and Ian Steedman have been developing arguments that apply the CCC to industries and even individua...
3 comments:
Saturday, September 22, 2018

Two Kinds Of Economists

›
Or, rather, I classify economists into two kinds on each of three dimensions (Table 1). Table 1: Classifications For Economists Emphasis ...
1 comment:
Sunday, September 16, 2018

Normal Forms for Switch Point Patterns

›
My article with the post title is now available at the Review of Behavioral Economics . The abstract follows: Abstract: The choic...
Saturday, September 15, 2018

Elsewhere

›
Maeve Cohen, the director of Rethinking Economics, notes the absurdism of undergraduate economics teaching, even after the Global Financia...
Saturday, September 01, 2018

Theses For Debate In Reading Marx

›
I present four claims about Marx's Capital . I strive for topics more general than, for example, squabbles about the transformation pro...
6 comments:
Friday, August 24, 2018

A Semi-Idyllic Golden Age

›
1.0 Introduction This post presents a model of a steady state with a constant rate of growth in which: Total wages and total profits gro...
Monday, August 20, 2018

Samir Amin (1931-2018)

›
Despite the label at the bottom of this post, this is not really a profile of Amin. I happen to have started reading Modern Imperialism, Mo...
2 comments:
Saturday, August 11, 2018

Economists In Popular Fiction

›
Apparently, a character in a current movie, Crazy Rich Asians is an economist. Dan Kopf considers whether she is a good economist. In a ...
1 comment:
‹
›
Home
View web version
Powered by Blogger.