Thursday, February 20, 2020


  • John Weeks presents Joan Robinson's contributions to the Cambridge Capital Controversy (CCC).
  • A discussion, from 2006, on Daily Kos, about one of my attempts to explain the CCC.
  • A post, from 2016, on Naked Capitalism about how the CCC shows microeconomics is all wet.
  • J. W. Mason has a handout explaining a definition of capital.
  • Doyne Farmer, Fotini Markopoulou, Eric Beinhocker, and Steen Rasmussen, in an essay in Aeon, Collaborators in creation, provide an overview of complexity economics.
  • An overview, from 2018, about how women were deliberately kicked out of software development in Great Britain.

1 comment:

Blissex said...

«An overview, from 2018, about how women were deliberately kicked out of software development in Great Britain.»

I had a look and that is quite bizarre and twisted view: the UK computer industry evaporated largely because it is a "winner takes all" industry and risk capital was far more abundant in the USA; lots of growing originally UK based software and hardware companies relocated to the USA because of much easier access to risk capital. Including the immense supported given by massive government, in particular defense, orders of computing equipment, in practice amounting to free capital.

Secondarily it evaporated because the Imperial Preference market evaporated too, that is the UK domestic market was too small to support the "winner takes all" bets of the computer industry. France, Germany and Italy also attempted to develop domestic computer industries, and those evaporated too, for the same reasons, not because of anti-women discrimination.

The thesis in that article is also ironically quite ridiculous because the women who after WW2 "retired" from many often dangerous or boring jobs they had been asked to take while the men were fighting were really happy to retire and live off their husband's single income, because in those decades a single income could support a family and buy housing plus a pension and holidays etc.; many of them though became bored with the easy life of the rentier spouse, and that created a lot of middle-class women "ennui" well documented in the culture of the time.