Thoughts On Economics

Saturday, March 23, 2019

Elsewhere

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Arindrajit Dube writes an obituary for Alan Krueger, in Slate . Maria Cristina Marcuzzo, at INET, highlights Krishna Bharadwaj's con...
Friday, March 15, 2019

Arguing Against "Libertarianism"

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1.0 Introduction By " libertarianism ", I mean propertarianism, a right-wing doctrine. In this post, I want to outline some ways...
5 comments:
Thursday, March 07, 2019

Should Liberals Want A Coalition With Conservatives Or Labor?

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This is current events, but this post is about current events in Britain in 1920. Lenin comments on reports of a dispute between Lloyd Geo...
2 comments:
Saturday, March 02, 2019

Scholars on Neoliberalism

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The literature on neoliberalism is large. Here are some scholarly books on this subject or on related matters: The power of market fundam...
2 comments:
Tuesday, February 26, 2019

"The Microeconomic Foundations of Aggregate Production Functions"

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Figure 1: A Production Network I here comment on Baqaee and Farhi (2018). I am still trying to absorb it. I suppose that it is nice ...
Thursday, February 14, 2019

Some Contradictions Of Capitalism

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I tend to be doubtful, albeit sometimes amused, by comments drawing on Hegel. But I thought I would adopt some of that sort of language for...
Saturday, February 09, 2019

Catalog Of Neoclassical Responses To The Cambridge Capital Controversy

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This is merely a list and, as usual, off the top of my head. Paul A. Samuelson (1966). A summing up. Quarterly Journal of Economics 80: ...
Thursday, February 07, 2019

Women In Economics

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Here is a list of female economists I have learned from or would like to know more about: Jane Marcet Harriet Martineau Charlotte Perki...
Friday, January 25, 2019

Donald J. Harris

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Don Harris is a Stanford economist. Apparently, this post is on current events. His daughter, Kamala Harris is the junior senator from Ca...
2 comments:
Saturday, January 19, 2019

Elsewhere: Popular Writing On Modern Monetary Theory

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Some articles: Josh Barro , in New York Magazine . Noah Smith , in Bloomberg . Linette Lopez , in Business Insider . Michael Strain , ...
Saturday, January 12, 2019

What Is Pure Capitalism?

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1.0 Introduction This post is fairly stream of consciousness. It is a bit more about how many find me odd. I have previously mentioned ,...
3 comments:
Friday, January 04, 2019

Linear Programming, M-C-M, and C-M

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1.0 Introduction Consider typical Linear Programs (LPs) for formulating the theory of firm in classical and neoclassical economics. I clai...
Friday, December 28, 2018

Foreign Trade And Non-Uniform Rates Of Profits

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This post raises a question. Supposedly, the classical concept of prices of production with non-uniform rates of profits can be recast as a...
2 comments:
Wednesday, December 26, 2018

Robert Visits An American Grave: Frederick Douglass

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Frederick Douglass was an escaped slave, a great abolitionist orator, and generally a great American. Not too long ago, I read one o...
Tuesday, December 18, 2018

Variation Of Gains From Trade With International Prices

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Figure 1: Intercepts of Production Possibilities Frontiers for England 1.0 Introduction In this example, gains and losses from trad...
Saturday, December 15, 2018

Gain or Loss from Trade with Multiple Equilibria

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Figure 1: Production Possibility Frontiers 1.0 Introduction Suppose foreign trade is possible in consumption goods, but not in capi...
Thursday, December 13, 2018

Elsewhere

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Matthew Klein writes , in Barron's , about "Tarrifs and the Minimum Wage Are More Alike Than You Think". I disagree with some...
2 comments:
Saturday, December 08, 2018

Gains And Losses From Foreign Trade: A Numeric Example

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Figure 1: Production Possibility Frontiers 1.0 Introduction This post presents a numeric example of foreign trade in a model of the...
Thursday, November 29, 2018

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

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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

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I have made available a working paper with the post title. Abstract: This article presents an example in which perturbations in relati...
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