#Economy

People are spouting off about farmers dumping milk again, so, I guess we need to do this. Again.Milk is a perishable good with a finite demand. The idea that excess
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*Bad take* alert here. Neoclassical growth theory rests fundamentally on the f'(k) = r profit-max condition. There is no real wage without this, since w = f(k)-f'(k)k because of constant
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Broad money growth generally occurs in one of two ways: either banks lend and create deposits (and thus increase the money multiplier, M2/MB) or when bank lending seizes up, governments
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I popped off about this on Instagram already, but here we go:In light of the House vote for D.C. statehood, there has been an increase in think-pieces and posts about
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One way we white #genealogists can actively break through our old conceptions & #WhiteSupremacist notions of history is to publicize our enslaving ancestors. As we see how many we have,
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COVID Update July 16: Anyone can tell you the controversies of today: masks, schools, bars & what to leave open.But we haven’t seen anything yet. What about the controversies of
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As Rand put it in “Conservativism: An Obituary” (CUI, Chapter 19):"The world conflict of today is the conflict of the individual against the state, the same conflict that has been fought
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1. OK, everyone wants to talk Coronavirus... 2. Let’s talk about it. 3. Let's talk about how China was fighting against the Hong Kong protesters that were waving American flags
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When I graduated from high school a lot of my friends went to work in the oil patch. They started with 6-figure jobs immediately after grade 12. Meanwhile, I started
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This #EarthDay is a good day to reflect on half a century of failed green prognostications, and the damage that can be done to society, the economy and to
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#Prediction 1:World will be hit by more types of Viruses and disease, economics and daily life will get disturbed in all over the world.#Opinion #Prediction 2:China & Israel
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Love is one thing that can't be tokenized. If blockchains become like economic water, trying to "tokenize love" would be akin to washing cotton candy with that water
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Ok so I found pictures of my 16 page Heterodox Economics midterm that I aced back in college.Basically I had to part by part recreate Pierro Sraffa's system, and mathematically
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House's Select Committee on the Coronavirus Crisis is holding its first hearing tomorrow with @WhipClyburn chairing.I'll be testifying along with several excellent folks. https://oversight.house.gov/news/press-releases/coronavirus-panel-to-ho
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Between age 24-30 ... there are some serious calculations you have to put in place if you want your 30-40 to feel good. Ideally when you’re Done with your service
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Thread on the Democratic Domestic Product DDP as an alternative to GDPIn this speech to @oecd_naec, Michael Higgins @PresidentIRL waves Goodbye 2 GDPand calls for a new different growth narrativeHiggins
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