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Reswitching Of The Order Of Rentability
Figure 1: An Example of the Reswitching of the Order of Rentability1.0 Introduction Nobody has ever pointed out the possibility highlighted by this post, as far as I know. Talk of "switch points" and "reswitching" for the rent curves on the right pane in Figure 1 above is an abuse of terminology. Under capitalism, land obtains rent because land is scarce. The power of the state backs up individuals prohibiting others from using free gifts of nature. (Propertarians are about encouraging...
Read More »To Thee We Sing
To Thee We Sing [embedded content]
Read More »Si e binda Yannis Varoufakis për intervistë? Prapaskenat e intervistës me personalitetin botëror
Ndiqni faqen tonë zyrtare të internetit https://euronews.al/al për t’u informuar mbi lajmet kryesore nga vendi, rajoni dhe bota. Abonohuni në kanalin tonë në YouTube: https://bit.ly/3oEW3AU Na ndiqni në Instagram: https://www.instagram.com/euronews_al... Facebook: https://www.facebook.com/euronews.al/ Twitter: https://twitter.com/EuronewsAlbania
Read More »Les économistes Jean-Marc Daniel et Thomas Porcher débattent sur la réforme des retraites
Deux économistes, Jean-Marc Daniel et Thomas Porcher, débattent sur la réforme des retraites. Elle entrera en vigueur d'ici la fin de cet été affirme la Première ministre Elisabeth Borne. Retrouvez tous les entretiens de 8h20 sur https://www.radiofrance.fr/franceinter/podcasts/l-invite-de-8h20-le-grand-entretien
Read More »Thank you for the prize @IISLorg ! Take that, @benbernanke #shorts #economist #economics #student
The Best of Pragcap in 2022
Here are some of my favorite posts from 2022. It was a busy year with my young kids so I didn’t write as much as I had hoped, but one of my goals is to start writing a lot more this year. I’ve missed it. In any case, here’s some of my favorites from this year. I hope 2023 is a great one for you. 1) What to do When the Market feels Crashy? This post was written almost a year ago as the bear market was starting. It touches on some important lessons to remember about bear markets and...
Read More »How to ensure that models serve society
from Lars Syll • Mind the assumptions — assess uncertainty and sensitivity. • Mind the hubris — complexity can be the enemy of relevance. • Mind the framing — match purpose and context. • Mind the consequences — quantification may backfire. • Mind the unknowns — acknowledge ignorance. Andrea Saltelli, John Kay, Deborah Mayo, Philip B. Stark, et al. Five principles I think modern times “the model is the message” economists would benefit much from pondering. And especially when it comes to...
Read More »yunan kel adam bulutçuların platformunda bulutçulara sallıyor
yunanistan'ın ekonomisini kurtarmaya tek faydası olmamış @yanisvaroufakis tekno feodalizm için feodallerin mekanında enden boydan sallıyor. yok neymiş, biz onlar için çalışıyormuşuz ama bize para vermiyorlar. yav kardeşim adamlar sana ücretsiz ürün vermiş, bir zahmet de sen de onlara çalış. Orijinal video: The new ruling class How can we confront technofeudalism? https://iai.tv/video/the-new-ruling-class-yanis-varoufakis
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