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Debate entre Alain Badiou y el economista Thomas Piketty

En el presente video, se presenta un breve debate entre el filosofo Alain Badiou y el economista frances Thomas Piketty. En el debate se presentan toda una serie de argumentos por parte de Badiou a traves de los cuales busca profundizar en la idea propuesta por Piketty, y es el mismo Piketty quien personalmente responde a las observaciones del filosofo. Para Badiou comprender lo que es vivir, es fundamental para el desarrollo de las sociedades. Y , es evidente que la propuesta de Piketty...

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Technology For A Model Of Extensive And Intensive Rent

Table 3: Model Parameters and Variables Parameter or VariableDescriptionnThe number of produced commodities, with n > 1.kThe number of types of land, with k > 1.mThe number of processes available for producing corn on land, with m > k.a0A row vector of labor coefficients containing n + m - 1 elements. The element a0, j; j = 1, 2, ..., n + m - 1; is the person-years of labor needed to run the th process at a unit level.AA n x (n + m - 1) matrix. The element ai,j; i = 1, 2, ..., n; j...

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CSX agrees to Sick Leave for BMWED, BRC, IAM, NCFO Unions

I saw the announcement up at Infidel753 Blog in his Link Roundup for February 12th. I am using Railway Age for the news of the settlement between CSX and the Brotherhood of Maintenance of Way Employes Division (BMWED) and the Brotherhood of Railway Carmen (BRC) on February 7. On February 10, the International Association of Machinists and Aerospace Workers (IAM), and the National Conference of Firemen and Oilers (NCFO) also reached agreement with...

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The #1 likely reason I suspect the economy has not gone into recession yet

The #1 likely reason I suspect the economy has not gone into recession yet  – by New Deal democrat I’ve been reading increasing talk about the fabled “soft landing,” or alternatively, “rolling recession.”  For example, over the weekend Liz Ann Sonders of Schwab told “Wall Street Week” that housing is already in a recession, but the larger services side of the economy was still in good shape. Let me start out by noting that the goods side of...

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Doing econometrics

Econometricians would like to project the image of agricultural experimenters who divide a farm into a set of smaller plots of land and who select randomly the level of fertilizer to be used on each plot. If some plots are assigned a certain amount of fertilizer while others are assigned none, then the difference between the mean yield of the fertilized plots and the mean yield of the unfertilized plots is a measure of the effect of fertilizer on agricultural yields. The...

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Emerging from the pension crisis

February 2023 may go down in history as the month when India became more populous than China, whose population is expected to be around 700 million by 2100 according to the United Nations, close to Europe. We could also focus on the earthquake that has just hit Turkey and Syria, in a region devastated by wars and oil interests, or on the consequences of global warming in Pakistan or the Sahel, or on the glaring inadequacies of sanctions against Russian oligarchs and support for Ukraine....

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Since Money is Political

[unable to retrieve full-text content]“Understanding money and the dollar system,” Geopolitical Hour Episode 3, February 9, 2023, with economists Radhika Desai & Michael Hudson. podcast:  Radhika Hello and welcome to this third Geopolitical Economy Hour. I’m Radhika Desai. Michael And I’m Michael Hudson. Radhika As many of you know, in this collaboration with Ben Norton’s Geopolitical Economy Report, Michael Continue Reading The post Since Money is...

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