Thoughts On Economics

Figure 1: Wage Curves and Rent for an Example of Intensive Rent 1.0 Introduction This post is one in a series exploring variatio...

Optimism of the will leads me to hope that, with the misery we endure and cause, someday some people, including leaders of political moveme...

The First Of A Robert Paul Wolff Series Of Lectures On Marx Wolff raises the question of why Marx writes like he does in the first volu...

Marx distinguishes, at least, between market prices, prices of production, and labor values. For the first volume of Capital , Marx assumes...

Jeremy Rudd addresses the Cambridge Society for Economic Pluralism Jeremy Rudd has written : Mainstream economics is replete with idea...

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...