The Lump-of-Capital Fallacy
…return to capital we should not be looking to elasticities of substitution, but rather the institutional and political factors that determine the rate of profit. So it’s not just Steve…
…return to capital we should not be looking to elasticities of substitution, but rather the institutional and political factors that determine the rate of profit. So it’s not just Steve…
…appropriation of Tufnell’s claim put wheels on it. An article by Steve Edwards, “Factory and Fantasy in Andrew Ure,” makes a convincing case for the influence of Ure’s Utopian analysis…
…brown folks to the polls,” said Steve Phillips, a member of the secretive Democracy Alliance club of major liberal donors. “My sense for voters of color is that the issues…
…unemployment insurance. The headline labor force statistics have changed in the direction they predicted. Steve Benen noted the argument and linked to counter arguments by Danny Vinik and Ben Casselman….
…sharply critical review on the website Open Letters Monthly, its managing editor, Steve Donoghue, wrote, “Almost everywhere you look, you find Perlstein neatening and shortening and simplifying and exaggerating.” Also…
…$1,453 in 2012 — farmers can barely keep the chickens fed and the lights on. Steve King’s district has stunning subsidies but wants to shrink other people’s government. $9.17 billion…
…the Postal Regulatory Commission. I also began contributing to the website Save the Post Office, a site started and edited by Steve Hutkins, a professor at NYU who became concerned…
…publisher to editor to author, and everything in between. I’d really like to figure out what I think about this. Thanks for listening, Steve Is this Amazon saying, “Sure, charge…
…inflation as many say. Nick Rowe complements the model with a simpler “model”. And Steve Williamson has been an ever-present force for the Fisher Effect. I too have written about…
…he has outdone himself by gracing our political centrists, yearning as they are for some bipartisanship, with the dumbest column of his, nay, of any pundit’s career. Steve Benen too…