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Elsewhere

Summary:
[embedded content]The Banach-Tarski ParadoxThe Hahn-Banach theorem is related to how mainstream economics model perfect competition. The video above is mind-bending math. The Mountain Goat blog. A profile of some economists at Berkeley, some of who I have read when they collaborated with Thomas Piketty or A. Dube. I have read deLong, as well, of course. If you cannot name 'capitalism', 'neoliberalism', or 'neoclassical economics', it is difficult to criticize them. Here is a popular account about right-wingers crying about researchers daring to use such terms. I conclude with a recent talk, below, by Yanis Varoufakis on the need for pluralism in economics. He argues, at least (I still have more to watch): Economic theory can be performative, counter-performative, or reflexive

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The Banach-Tarski Paradox
  • The Hahn-Banach theorem is related to how mainstream economics model perfect competition. The video above is mind-bending math.
  • The Mountain Goat blog.
  • A profile of some economists at Berkeley, some of who I have read when they collaborated with Thomas Piketty or A. Dube. I have read deLong, as well, of course.
  • If you cannot name 'capitalism', 'neoliberalism', or 'neoclassical economics', it is difficult to criticize them. Here is a popular account about right-wingers crying about researchers daring to use such terms.
  • I conclude with a recent talk, below, by Yanis Varoufakis on the need for pluralism in economics. He argues, at least (I still have more to watch):
    • Economic theory can be performative, counter-performative, or reflexive (without using those terms).
    • Time, money, debt, and interest rates do not appear in the models in the textbook.
    • Markets can exist without a society being capitalist.
    • Once you have learned all these models that have nothing to say about capitalism, you might possibly say something intelligent.
Yanis Varoufakis: From an economics without capitalism to markets without capitalism.

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