Revealing Marx's Secret Economic Model

The USPS Network Consolidation Plan: What’s at Stake for Southern Oregon, Save the Post Office, Steve Hutkins In 2023, two years into the 10-year plan, USPS reported that the agency had committed $7.6 billion out of a total $40 billion restructuring budget and plans were on track to open 60 new Regional Processing and Distribution Centers across the country in the coming years. Through this consolidation plan, many postal processing and...

Utility theory — explaining everything and nothing Despite the rise of behavioral economics, many economists still believe that utility maximization is a good explanation of human behavior. Although evidence from experimental economics and elsewhere has rolled back the assumption that human agents are entirely self-interested, and shown that altruism and cooperation are important, a prominent response has been to modify individual preference functions so...

How economists reshape the world [embedded content] To yours truly, the real value of Appelbaum’s meticulously researched history of how economists have come to increasingly influence public policies in modern societies, is that it shows how fundamentally ideological economics is. Of course, you never hear anyone at our seminars telling the lecturer that the assumptions on which his models are built are only made for ideological reasons. But that does not...

Record February and March 1 fiscal flows driving speculation.

But once, we were here … .[embedded content] One of the greatest movie scenes ever. Both the movie and soundtrack of this magnificent classic are epic. [embedded content] In loving memory of my brother, Peter ‘Uncas’ Pålsson.

Like Arvo Pärt’s music, Ola Gjeilo’s gives a sense of connecting with a world beyond the world. O Magnum Mysterium, with its choral textures shifting between unison singing, polyphony, and homophony, manages to convey the profound serene beauty and mystery of our human existence. Gjeilo’s masterpiece has been recorded dozens of times. This is the greatest of them all: [embedded content]

Revolutionary Economics: Integrating Use and Exchange Value

Tuberville is a politician who campaigned to overturned Joe Biden’s electoral win over Donald Trump in 2020. He further displays his ignorance by advocating the Big Lie since the election of Joe Biden. He has some taken some controversial stances such as climate change denialism and repealing the ACA. The news media calls stances by Tuberville to be controversial. Well, it is controversial and silly too. He does not represent Alabama in a positive...

This week, the UK Chancellor releases the latest fiscal statement (aka ‘the budget’) and will also have a eye to the general election which must be held before January 28, 2025. One would expect the government would stall the announcement and delay the election for as long as is possible, given the current situation and the cumulative impacts of 12 years of Tory rule, which are plain to see at all levels of British society. All the talk is of tax cuts, that typical ‘sugar hit’ approach to...