Thoughts On Economics

The Babbitt family started in America with Edward Bobet, who died in 1675. We have now come to that time of terror and disaster to the s...

I do not know if I will keep on, but I thought I might present a series of posts expanding on this one . By the way, I should have said the...

"On the other side of Babbitt lived Howard Littlefield, Ph.D., in a strictly modern house whereof the lower part was dark red tapestr...

Debate on Marx's theory of value in World Review of Political Economy . Carolina Alves on Joan Robinson on Karl Marx in the Jour...

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 ...

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

"It is the whole process of production that must be called 'human labour', and thus causes all products and all values. Marx ...

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...

Authortarians in the United States are currently competing to see who can publish the most stupid book. Mark Levin is a strong contender...

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

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

Figure 1: Extra Profits with Given Rent On Type 2 Land 1.0 Introduction This post revisits this example of extensive rent. I repeat ...

An applet for Marx's schemes of simple and expanded reproduction. Eli Cook, in The American Prospect says mainstream economists ...

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...

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

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

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 ...

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

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...

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