…1.2X. • Total wealth grows 1.7X, compared to 1.65X in the status-quo scenario. Is this Pareto efficient/Pareto optimal, “a state of allocation of resources in which it is impossible to…

…a young scholar, Keynes had male lovers, including the writer and critic Lytton Strachey. But, like Pareto, he later married a Russian woman, the ballerina Lydia Lopokova.” This puts one…

…do about health care. Both of them initially, or at least at some point, signed on to the “Medicare-for-all” label for a single payer government run health insurance system that…

…of whether hydroxychloroquine should be prescribed off label based on the in vitro results is not the same as the question of should we be confident that it will work…

Labeling for Increased Profits, Farmer and Economist, Michael Smith It is a well-known marketing ploy to label, relabel, and even mislabel a product again and again to increase sales. We…

…which people can Google that wants us to pay $350 to be able to put their label on our packaging. But nobody knows who the hell they are, and this…

…models of this sort by the late Richard Goodwin, who had a Marx-influenced predatory model of class struggle cyclical fluctuations. Their early models were labeled as Kynes-Wicksell-Goodwin (KWG) models. But…

…funny and so true. The state of Ohio supreme court . . . And regarding the food item’s being called a “boneless wing,” it is common sense that that label…

…of these resources — along with how societies often fail to attain this optimality and are instead inefficient. For example, some fruits, such as strawberries, are scarce in markets on…

…labor share is too high for optimality, the implication is that the prowess of labor’s liquidity is greater than the prowess of firms to manage products. And inflation will tend…