Thoughts On Economics

Saturday, May 28, 2022

Selective Bibliography For The TSSI

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is there a book with a focus exclusively on the TSSI more recent than the 2015 one in this list? Armstrong, Phil (2020). Can Heterodox ...
1 comment:
Saturday, May 21, 2022

Textbooks for Post-Sraffian Price Theory

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This post provides a list of textbooks: Syed Ahmad (1991). Capital in Economic Theory: Neo-classical, Cambridge, and Chaos , Edward Elg...
Thursday, May 12, 2022

Value And Distribution

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"It is the whole process of production that must be called 'human labour', and thus causes all products and all values. Marx ...
1 comment:
Saturday, May 07, 2022

Axel Leijonhufvud, 9 June 1933 - 5 May 2022

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I think it should be well-known that the Keynesian economics in Paul Samuelson's textbook, for example, does not capture a lot of the...
1 comment:
Sunday, May 01, 2022

Mark Levin's American Marxism: Worse Than Worthless

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Authortarians in the United States are currently competing to see who can publish the most stupid book. Mark Levin is a strong contender...
2 comments:
Thursday, April 28, 2022

Characteristics of Labor Markets Varying with Pertubations of Relative Markups

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My article with the post title is now available at the Review of Political Economy . The abstract follows: Abstract: This article...
Saturday, April 23, 2022

Elsewhere

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Paul Krugman's Godley-Tobin Lecture Ingrid Harvold Kvangraven on Samir Amin and Beyond Eurocentrism . Rebecca Hasdell's What...
Saturday, April 09, 2022

An Indeterminate Solution In An Example Of Extensive Rent

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Figure 1: Extra Profits with Given Rent On Type 2 Land 1.0 Introduction This post revisits this example of extensive rent. I repeat ...
3 comments:
Thursday, March 31, 2022

Elsewhere

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An applet for Marx's schemes of simple and expanded reproduction. Eli Cook, in The American Prospect says mainstream economists ...
1 comment:
Monday, March 28, 2022

I Was Taught That Boys Need Girls And Girls Need Boys; You Say That's Not True

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I am not a biologist. In this world of 8 billion people, not all are men or women, where a man has XY chromosomes and a woman has XX chromo...
Saturday, March 19, 2022

Some Stories About Math And Science

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I find certain stories of achievements in mathematics and science intriguing. In some of those I select, much that came before was overthro...
Wednesday, March 16, 2022

The Spread Of Marxism: A Riddle

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Karl Marx died on 14 March 1883. Less than 15 people attended his funeral, and Engels gave an eulogy . Marxists existed, a century later, ...
1 comment:
Saturday, March 12, 2022

A Theorem for Capital-Reversing

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Figure 1: The Wage Frontier for a Numeric Example of a Real Wicksell Effect of Zero Theorem: Consider a model of an economy in which ...
3 comments:
Tuesday, March 08, 2022

Elsewhere

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The Italian Post Keynesian Seminar on Garegnani The Problem with Jon Stewart interviews Stephanie Kelton and Rohan Grey. Samuel Fl...
Wednesday, March 02, 2022

Reminder: Wages, Employment Not Determined By Supply And Demand For Labor

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Figure 1: The Wage as Functions of Employment by Industry 1.0 Introduction This post repeats a common theme of mine . It builds on a...
3 comments:
Saturday, February 26, 2022

Elsewhere

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Bob Murphy On Infinity Branko Milanovic on The unexpected immortality of Karl Marx . Jesse Walker, in Reason , on It's the end o...
Monday, February 21, 2022

A Theorem For The Reverse Substitution Of Labor

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Figure 1: The Wage Frontier for a Numeric Example Theorem: Consider a model of an economy in which n commodities are produced by mea...
2 comments:
Saturday, February 19, 2022

New York City Subway: A Parable

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A number of years ago, I was in the subway station under Times Square in New York City. I must have looked lost, because this fellow came u...
Tuesday, February 15, 2022

What Paul Krugman Could Learn From The Post Keynesian Roots Of MMT

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To the common reader, the distinctions among old Keynesianism, new Keynesian, and Post Keynesianism might seem confusing. You might find th...
Thursday, February 10, 2022

Some Twitter Feeds

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Carolina Alves Riccardo Bellofiore Scott Carter Ariel Dvoskin Steve Keen Stephanie Kelton Steve Marglin J. W. Mason ...
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