Thoughts On Economics

Elizabeth Warren Echoing A View Institutionalists Understand This year, the "Nobel prize" in economics went to Abhijit Banerje...

Figure 1: A Switch Point and a Fake Switch Point on Wage Curves 1.0 Introduction In the analysis of the choice of technique, I typi...

As far as I am concerned, cost-push inflation is a manifestation of class conflict between workers and owners. In the late 1970s, Paul Vol...

1.0 Introduction I have sometimes set out Marx's model of expanded reproduction , only with prices of production instead of labor val...

David Graeber's review of Robert Skidelsky's Money and Government: The past and Future of Government . A TED talk, by Nick Hanaue...

A considerable body of literature has been published, during the last century, arguing that a movement away from competitive markets must b...

Figure 1: Rate of Profits Unequal to Scale Factor for Rate of Profits This post continues the example in the previous post . I modif...

Figure 1: Variation of Prices of Production with Wages and Markups 1.0 Introduction This post documents an example in my working pa...

Table 1: Selected Critiques Author Book Number Ratings Mean Rating Moshe Adler Economics for the Rest of Us 21 4 Rod Hill & Tony Myat...

I have uploaded a working paper with the post title. Abstract: This article demonstrates relationships that are transparent in Sraffa...

Elements of a post capitalist society are and have been developing in actually existing capitalism. This post points out a couple of examp...

Figure 1: A Pattern Diagram with Joint Production 1.0 Introduction This post completes an example. I analyzed bits of this example ...

Here is a post from a blog devoted to cybercommunism. The blogger is glowing about Paul Cockshoot's work on refuting Hayek's suppo...

I am not sure about the economic logic in this post. Maybe somebody like D'Agata or Zambelli could do something with this. These ideas ...

Figure 1: Wage Curves and The Price of Corn for the Fluke Case Introduction This post extends a previous post . I am basically intr...

Figure 1: Wage Curves with Corn as Numeraire 1.0 Introduction This post presents an example of a fluke switch point in which the ch...

I happen to have one book by Marty Weitzman (1942 - 2019) on my bookshelf. So I thought I would write a bit about The Share Economy: Conque...

This list is mostly a matter of aspirational reading. Maybe I want to read Ted Burczak's Socialism after Hayek . (The Amazon page has...

This post gestures to a worrisome argument that could be constructed by combining arguments from certain references. It is also more about ...