econ-notebk.blogspot.com
Economics Notebook: Notes on Sraffa's Production, Chapter 6
http://econ-notebk.blogspot.com/2013/04/notes-on-sraffas-production-chapter-6.html
Monday, April 1, 2013. Notes on Sraffa's Production, Chapter 6. 45 Cost of production aspect. Sraffa considers prices from their "cost of production" aspect, and examines the way they "resolve themselves" into wages and profits. Sraffa would have introduced the argument earlier "had it not been for the necessity of following one line of argument at a time". Reduction to Dated Quantities of Labor. Consider the equation representing the production for commodity ' a. And labor by (1 r. It may be noted that A.
econ-notebk.blogspot.com
Economics Notebook: May 2014
http://econ-notebk.blogspot.com/2014_05_01_archive.html
Saturday, May 3, 2014. Logical Structure of Austrian Economics. We will attempt to reconstruct the Austrian approach to economics using first-order logic. We observe (in section 3) Austrian economists confuse deduction. With introducing logically independent. Propositions. The general reasoning is "This doesn't directly contradict our foundational axiom, therefore it must logically follow from. It" promoting the non-sequitur from fallacy to rule of inference. 21 Axiom ("Action Axiom"). Is true, then B.
econ-notebk.blogspot.com
Economics Notebook: February 2016
http://econ-notebk.blogspot.com/2016_02_01_archive.html
Tuesday, February 23, 2016. CEPA's "History of Economic Thought". So, the History of Economic Thought. Site appears to be back and stable at its new location, but I'm not so sure it will last. I've backed it up using. I will probably translate the site to Markdown, then put the result up on Github. As one might expect, the links to various external web-pages are out of date or completely broken.so just fixing the references might be a full time job. Addendum (August 23, 2016):. Subscribe to: Posts (Atom).
econ-notebk.blogspot.com
Economics Notebook: Recommended Economics Writing: Link Exchange
http://econ-notebk.blogspot.com/2013/08/recommended-economics-writing-link.html
Friday, August 2, 2013. Recommended Economics Writing: Link Exchange. Stock Simulation in Clojure. A basic introduction to modeling using software. Fairly mainstream, but I work with clojure professionally, so there it is. The meaning of short and long-term and the natural rate. Brief Thoughts on the Real Bills Doctrine. Rate of Profits And Value Of Stock Independent Of Workers Saving. The Time Bernanke Got It Wrong. Subscribe to: Post Comments (Atom). Adam Smith's Lost Legacy. Fuck Yeah, Piero Sraffa!
econ-notebk.blogspot.com
Economics Notebook: CEPA's "History of Economic Thought"
http://econ-notebk.blogspot.com/2016/02/cepas-history-of-economic-thought.html
Tuesday, February 23, 2016. CEPA's "History of Economic Thought". So, the History of Economic Thought. Site appears to be back and stable at its new location, but I'm not so sure it will last. I've backed it up using. I will probably translate the site to Markdown, then put the result up on Github. As one might expect, the links to various external web-pages are out of date or completely broken.so just fixing the references might be a full time job. Addendum (August 23, 2016):. Adam Smith's Lost Legacy.
econ-notebk.blogspot.com
Economics Notebook: Notes on Sraffa's Production, Chapter 9
http://econ-notebk.blogspot.com/2013/08/notes-on-sraffas-production-chapter-9.html
Monday, August 5, 2013. Notes on Sraffa's Production, Chapter 9. 66 Quantity of labour embodied in two commodities jointly produced by two processes. So what results from single-product systems generalize over to joint-product systems? One rule we should study: when the rate of profits is zero, the relative value of each commodity is proportional to the quantity of labor which (directly and indirectly) has gone to producing them ( 14. This method (with appropriate adaptation) extends to joint-products, s...
econ-notebk.blogspot.com
Economics Notebook: Notes on Sraffa's Production, Chapter 5
http://econ-notebk.blogspot.com/2013/03/notes-on-sraffas-production-chapter-5.html
Tuesday, March 12, 2013. Notes on Sraffa's Production, Chapter 5. Sraffa will prove there exists precisely one way to transform a given economic system into a Standard system. 37 Transformation into a Standard system always possible. We may show this using an "imaginary experiment" (Sraffa's term for a "thought experiment"? It involves two types of alternating steps:. Changing the proportions of the industries;. Is this always possible mathematically? We continue alternating between cuts and re-establish...
econ-notebk.blogspot.com
Economics Notebook: Bookshelf
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I have quite a few things on my "Reading list" for economics, I'll just list them for (my own) future reference. Quite a few things on David Ricardo's economics. Luigi Passinati's "A Mathematical Formulation of the Ricardian System". The Review of Economic Studies. 2 (Feb., 1960), pp. 78-98. The Works and Correspondence of David Ricardo. Prepared by Piero Sraffa), available online. Samuel Hollander, The Economics of David Ricardo. Terry Peach, Interpreting Ricardo. History of Economic Thought. Recommende...
econ-notebk.blogspot.com
Economics Notebook: Notes on Sraffa's Production, Chapter 8
http://econ-notebk.blogspot.com/2013/06/notes-on-sraffas-production-chapter-8.html
Monday, June 3, 2013. Notes on Sraffa's Production, Chapter 8. Ch 8 The Standard System with Joint Products. 53 Negative Multipliers: I. Proportions of Production Incompatible with Proportions of use. When we consider in detail how we construct a Standard system with joint products, it becomes obvious some of the multipliers may be negative. Consider two products jointly produced, each through two different methods. Now suppose in all cases which two joint products ' a. Relatively to ' b. NB: non-basic g...
robertvienneau.blogspot.com
Thoughts On Economics: November 2014
http://robertvienneau.blogspot.com/2014_11_01_archive.html
Friday, November 21, 2014. Humans And Other Animals. Figure 1: Chapuchin Monkeys, Our Cousins. What do we think about generalizations, validated partly with experiments with non-human animals, for economics? Is an economist widely admired by heterodox economists. He quit the American Economic Association in response to their flagship publication, the American Economic Review. On the other hand, are we not supportive of behavioral economists undermining utility theory? Links to this post. Saturday, Novemb...
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