Thoughts On Economics

This post lists capital-theory 'paradoxes' or 'perversities'. The label of 'paradox' or 'perverse' merely i...

1.0 Introduction This post puts forth two research questions that I think I will never get to. And it puts forth one I have started on. 2...

Figure 1: Wage Curves with A Fake Switch Point 1.0 Introduction I find that, in developing an example on fixed capital and extensiv...

1.0 Introduction You can easily find peopole on the Internet asking for a summary of the Cambridge Capital Controversy. An answer is easy....

1. Introduction Early socialists did not always agree. I provide an account of an idiosyncratic selection of a couple of Ricardian sociali...

This post is a problem statement. Models of the production of commodities with circulating capital alone have certain nice properties. I ...

1.0 Introduction This post should be mostly uncontroversial. The labor theory of value (LTV) explains prices in certain special cases. 2....

Pro-capitalists often depict wages as being determined by free negotiations between employers and employees. They ignore conventions and no...

I get this from Sam Tanenhaus' new biography of William F. Buckley, Jr. The index entry for Von Mises is in error. The John Birch Soc...

1.0 Introduction Suppose not all labor in a capitalist economy is 'unskilled' . Some jobs require specific skills that somehow com...

I have been reading some secondary literature on John Stuart Mill. He was explicitly against meritocracy, although that term was not availa...

I here think about Sraffa's price equations for rent. I try to formulate them explicitly as the system of price equations in the chapte...

Suppose you find Marx's Capital intimidating. You could start with textbooks. I confine myself to a selection in English. I start wi...

I have been writing about natural resources that emerge unchanged from the production processes. In contrast, Bidard & Erreygers (200...

I have not even yet got to the founding of National Review in this no-doubt authoritative biography. But: "With the assistance of ...

Bri the Math Guy on What to Know for Real Analysis If you know mathematics, you will be quite willing to deny that. Some who know me th...

Little Stephen and the Disciples of Soul I guess this is current events. I never was of the right temperament for this idea. But many d...

Figure 1: Rent Curves With and Without Competitive Markets This post is a continuation of the example in this and this post. It ...