Thoughts On Economics

Terms that include the word 'pattern' are my own creation, as inspired by my research program. The remainder are, as far as I am co...

Why Rationality is Wrong Above is a video by "Dr. Skeleman", first in a series. Nick Romeo, in The New Yorker , on The CO...

Special Cases in the Analysis of Rent Type Land Agricultural Processes Industrial Processes Extensive rent Multiple types of land, each of...

The Sveriges Riksbank prize in economic sciences in memory of Alfred Nobel this year goes to David Card, Joshua Angrist, and Guido Imbens. ...

Figure 1: Three Patterns Across The Wage Axis And One Three-Technique Pattern This post continues the approach in this post and in t...

Figure 1: Three Patterns Across The r Axis And One Three-Technique Pattern This post continues the approach in this post . I consider...

Alex Thomas on Krishna Bharadwaj as an ideal economist . Her daughter, Sudha Bharadwaj is a political prisoner. The first page of ...

Table 1: A Common Structure Example 1.0 Introduction This post presents partitions of (a part of) parameter space for two examples of...

Here is John Stuart Mill stating a principle that sounds noble, and then immediately making a strange caveat. "The object of this E...

This blog, over years , presents a welter of fluke cases . I created many of the numerical examples to illustrate the reswitching of tech...

In Mark Twain's novels, Huckleberry Finn is just a kid in what you might think is the most despised group in society. His mother ran aw...

The Four Circuits of Capital Marx describes three circuits of capital in the opening chapters of Volume 2 of Capital . But when I dra...

Figure 1: Convergence to a Pattern of Switch Points over the Axis for the Rate of Profits 1.0 Introduction This post illustrates how ...

Ben Franklin was one the founding fathers of the United States. He participated in the constitutional convention. He was the first Postmast...

Figure 1: A Pattern Diagram 1.0 Introduction Aside, perhaps from the above visualization, nothing novel is presented in this post. It...

John Eatwell On The Bomb Sraffa Planted At The Foundations Of Economics James Galbraith on Dismal Economics , reviewing books by Mason ...

To me, this is an easy question. SNALT, for a capitalist economy, is: L = a 0 ( I - A ) -1 y The notation is from Luigi Pasinetti...

Figure 1: Wage Curves and Rent 1.0 Introduction I might as well illustrate an example with extensive rent and reswitching. I find i...

"Let us take the process of circulation in a form under which it presents itself as a simple and direct exchange of commodities. This ...

Figure 1: Variation in Switch Points with Time 1.0 Introduction This post continues my effort to understand how fluke cases can part...