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A Serious Misreading of Coase

…that abut political theory. I felt this way about his analysis of Hayek, which simply ignores the centrality of his lifelong revulsion at Vienna-school-style positivism, with its echoes in a…

RIP Tonu Puu

…the nonlinear Keynesian ones by people like Hicks and Goodwin. Besides his original work on nonlinear location theory models, and his chaos theory analysis of industrial organization, another original model…