…in theory could continue to sustain folks in those two off months, if my kid would stop eating all of the pasta, sauce, and pickles we produced and had in…

…obvious, a formula for The American Dream. But curiously, you don’t find much nuts and bolts of economic theory supporting that view of how economies work. There’s been lots of…

…about politics and policy. I want to contrast this theory with accounts by two well-known political writers, Matthew Yglesias and Ibram X. Kendi. First up today, Yglesias. Yglesias has an…

…is passed.  Instead, they will use the policy as a political weapon.  The current attack on teaching critical race theory in schools illustrates this risk.  Republicans have been consciously playing…

Diane Lim writes an analysis of the economic theory of the marginal incentives people have to go back to work at her blog EconomistMom. Worth a visit: Quote: “Get ready…

…don’t want to pretend expertise on whether Marx’s theory stands up to rigorous critique. I sort of suspect every economic theory has a crack in it. That’s how the light…

…culture war concerns (“critical race theory”, trans rights, etc.). [Both seem plausible.  Unhappiness with pandemic school closures seems like largely a retrospective voting problem, with limited relevance for Democratic strategy…

…works translation) beginning with “Nature builds no machines…” are indispensable to the theory of surplus population and surplus capital. This is the place in the third — and customary —…

…theory, although they found that if people redo the experiment numerous times they tend to start behaving more like economic theory predicts. Cal Tech has since then been a leading…

…account, in the preface to volume 2 of Capital, of the origins of the theory of surplus value, declaring that, “The real discoverers of the theory of surplus value are Godwin, Hall,…