Thoughts On Economics

I want to consider contributions to economics after 1870 that reconsidered classical or Marxist economics, used input-output models and lin...

Anwar Shaikh On The Transformation Problem Lots of empirical work shows that prices tend to be proportion to the labor embodied in commod...

Neoliberals are hostile to labor unions and every other institution that would allow the vast majority of the population to have some effec...

I have a new working paper . Abstract: Does the Cambridge equation, in which the rate of profits in a steady state is equal to the quoti...

Figure 1: Real Factor Price Frontier 1.0 Introduction Carlo Milana has proposed a new way of visualizing the choice of technique, ...

"The University [of Chicago] is the best investment I ever made in my life." -- John D. Rockefeller Consider the following peop...

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 ...