Thoughts On Economics

A History Lecture Focusing on Cantor, Dedekind, Gödel, Turing, etc. Norman Wildberger's next video in the above series is here . T...

1.0 Introduction I have previously considered some points on which Marx is vulnerable. In this post, I mention three mistakes. I take t...

Figure 1: Switch Points Varying With Perturbations In Markup In Iron Industry I have created an example with three produced commoditi...

Figure 1: Variation of Switch Points with the Markup in the Steel Industry 1.0 Introduction I want to continue to analyze this exa...

"In that early and rude state of society which precedes both the accumulation of stock and the appropriation of land, the proportion...

A Debate on Socialism versus Capitalism I suppose Destiny entered this debate in good faith. But why did he have to lie about what Wolff ...

Brad DeLong and Noah Smith chat about the Cambridge Capital Controversy on their podcast , Hexapodia is the key insight . Noah says it was ...

Zach Carter has an appreciation of Joan Robinson's work on imperfect competition, with a bit about the role of Cambridge circus in hel...

Figure 1: Wage Curves for the Example 1.0 Introduction The Cambridge Capital Controversy (CCC) applies to models both of competitiv...

I have a working paper at the Centro Sraffa. Abstract: This article considers structural economic dynamics, in models with fixed ca...

An Introduction to Algebraic Geometry I have been looking for fluke switch points in certain parameter spaces of coefficients for polynom...

He had been droning along about 'value,' comparing the Marxist theory with the orthodox 'use' theory. Mr. Dubois had said,...

The Banach-Tarski Paradox The Hahn-Banach theorem is related to how mainstream economics model perfect competition. The video above i...

Figure 1: Isoquants For The Production Function 1.0 Introduction I often assume a discrete technology in my demonstrations that wha...

I sometimes wonder if most mainstream economists think that most of what they were taught, teach, and research are some combination of fals...

"The labor supply curve slopes upward, reflecting differences in workers’ reservation wages (as driven by outside opportunities...

Maybe, perhaps, that is a bit hyperbolic. But it has been known for at least half a century that, even in competitive markets, wages and em...

What is neoclassical economics? (This post draws on something I wrote on Usenet more than a decade ago.) I believe I might have introduced ...

A start (see links on the left) of advice to a student interested in how to introduce an evolutionary approach into economics. A podc...

A Discussion On The Best (or Worst) Of Mankiw Peter Bofinger has expanded a series of tweets to point out some stuff that is just wrong...