…workers. Curiously, although the Austrians abjure the labor theory of value, the theory of “roundaboutness” is theirs, notably Bohm-Bawerk anyway, and he derived it precisely from looking at this sort…

…is my understanding that this conference had a lot of emphasis on Duncan’s work on Marxist economic theory, with it organized by Roberto Veneziani and Mark Setterfield. I did not…

…snake theory dates back to January, but the pangolin theory has more recent academic support, if not yet accepted in a peer-reviewed journal, More Evidence Suggests Pangolins . While that…

…the term. Veblen used “obsolescence” in The Theory of the Leisure Class, The Engineers and the Price System, The Theory of Business Enterprise, The Instinct of Workmanship and the State of the Industrial Arts,…

…broadly characterized as a prevalent spiritual attitude or a prevalent theory of life. As regards its generic features, this spiritual attitude or theory of life is in the last analysis…

“Patagonia: Life Imitates Theory,” Econospeak by Peter Dorman  When Yvon Chouinard, the founder of Patagonia, completed the transfer of that company’s ownership to an environmental trust fund, it was front-page…

…doesn’t have) is based on an insane conspiracy theory spread by an conspiracy theorist called MIke Benz. According to the Post, when Musk tweeted that USAID was a criminal organization,…

…first time to Cambridge. John Maynard Keynes wrote his *General Theory* at King’s College. And as if that wasn’t enough, I dined with blogging legends, Mark Thoma and Yves Smith!…

…former history professor, Allen C. Guelzo that underwrote the bizarre claim that “critical race theory is a subset of critical theory that began with Immanuel Kant.”  In the latter post,…

…The requirement that someone presses the button has two aspects: It is not required to be skilled labor It is, however, essential labor In standard economic theory, the laborer is…