Thoughts On Economics

Tuesday, December 29, 2020

The Truncation Of The Economic Lives Of Machines

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'Paradoxes' and 'Perversities' Phenomenon Example Region Reswitching 'One good' 5 Schefold reswitching 3 Schefol...
Monday, December 21, 2020

More On Baldone Example

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Figure 1: A Two-Dimensional Pattern Diagram, Enlarged 1.0 Introduction This post further generalizes an example from Salvatore Bald...
1 comment:
Saturday, December 12, 2020

An Extension Of An Example From Salvatore Baldone

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Figure 1: A Pattern Diagram, Enlarged 1.0 Introduction This post looks at and generalizes an example of the recurrence of technique...
2 comments:
Friday, December 04, 2020

Political Novels?

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I would like suggestions to add to this list: Benjamin Disraeli, Coningsby or the New Generation . Anthony Trollope, The Way We Live N...
Tuesday, December 01, 2020

Triple Switching and Fluke Switch Points

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Figure 1: A Pattern Diagram with Triple Switching In demonstrating the lack of foundation for claims of the Austrian school about th...
1 comment:
Saturday, November 28, 2020

A Three-Technique Pattern Over The Wage Axis

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Figure 1: Wage Frontier for a Fixed Capital Example This post presents a perturbation of parameters in a 'one good' model of...
5 comments:
Thursday, November 26, 2020

The LTV And Commodity Fetishism

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You will occasionally come upon supposed refutations of Marx's theory of value that I find just ignorant. One might talk about two dive...
Saturday, November 21, 2020

Visualizing The Effects Of Parameter Perturbations In Models Of Joint Production

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A Temporal Path I have a new working paper . Abstract: This article illustrates the analysis of prices of production with joint...
3 comments:
Wednesday, November 18, 2020

Elsewhere On 2020 'Nobel Prize'

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Edward Nik-Khan and Philip Mirowski in the New Statesman . National Public Radio's Planet Money . I should have a link to some...
1 comment:
Thursday, November 12, 2020

Fluke Switch Points At Both The Maximum Wage And The Maximum Rate Of Profits

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Figure 1: Wage Frontier for a Fixed Capital Example 1.0 Introduction I continue to explore the simplest multisector model of the p...
2 comments:
Monday, November 09, 2020

Fields Impacted By The Cambridge Capital Controversy (CCC)

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Some of these should have been more impacted: Macroeconomics: Measures of Total Factor Productivity, every model with an aggregate pro...
Thursday, November 05, 2020

Infeasibility Of All Machines Truncated

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Figure 1: Factor Wage Curves For Feasible Techniques There are 12 coefficients that can be varied in my minimum multisector model i...
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Tuesday, November 03, 2020

Recurrence Of Truncation In A Perturbation Analysis

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Figure 1: Variation of Choice Of Technique with a Coefficient of Production This post continues the analysis of this example . The c...
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