Thoughts On Economics

Figure 1: Variation of Technique with Relative Markups 1.0 Introduction This is a rewrite of a previous post with somewhat 'nice...

Are those who obtain more income better in some way, perhaps more intelligent than others? Are they luckier? According to Ludwig Von Mises,...

Marx writes about rent extensively in Part II of Theories of Surplus Value and in volume 3 of Capital . I read Theories of Surplus Value ...

Figure 1: Variation of Technique with Relative Markups "That 'diminishing returns' was not an essential element in the su...

I want to note some instances in the literature that argue that one strain in the marginal revolution was an extension of (a misunderstandi...

Figure 1: Order of Rentability Varying with Relative Markups 1.0 Introduction Ownership is not productive, as Joan Robinson informs u...

The Start Of This Video Is An Anecdote About George Dantzig 1.0 Introduction Ludwig Von Mises popularized the Socialist Calculation Prob...