Thoughts On Economics

When one achieves at least partial enlightenment, one will realize that one's income does not necessarily reward productivity, effort, ...

In this letter, Marx outlines the three volumes of Capital . I know about this letter from Fred Moseley's Money and Totality (2016). I...

Cordelia Belton at Red May Matthew Sitman and Sam Adler-Bell's Know Your Enemy podcast. Benedict and Kevin's Not Your Grand...

1.0 Introduction Stefano Perri has a working paper , "Sraffa's response to Eaton's review: a note on the standard commodity a...

1.0 Introduction I have previously quoted authorities disparaging Böhm-Bawerk's pamphlet examining the supposed contradiction between...

1.0 Introduction In his book, Human Action , Ludwig von Mises defines 'praxeology' as the science of human action. He says that it...

Karl Marx was born on 5 May 1818 . Over half a century ago, economists, building on the work of Piero Sraffa, extended Marx's critique....

Several editions have been published of the works of Marx and Engels. One can also look in the Marxists Internet Archive. Many individual w...

1.0 Introduction This post argues that there is more than one labor theory of value. 2.0 The Labor Theory of Property John Locke argued...

Table 1: Selected Events 1853 - 1856 Crimean war. 1861 Emanicpation of the serfs under Alexander II. 1877 - 1878 Russo-Turkisk war. 1881...