Dan here…Thomas Palley is Senior Economic Policy Advisor, AFL-CIO Washington DC. Here he addresses the issues of trade imbalances in a paper worth considering. by Thomas Palley The theory of…

…is that, in game theory, but also in reality, timing can matter a lot. I don’t think that, so long as a Democrat is in the White House, Democrats can’t…

…Edward J. Lopez. Dr. Lopez focuses on a branch of economics that comes under the rubric of “Public Choice Theory.” In his book, “Madman, Intellectuals, and Academic Scribblers” Lopez states,…

…for their misrepresentations of “what game theory could ever hope to do.” The strategists’ “image of game theory was one of the purest instrumentality, of the labcoated expert ‘thinking about…

…by Keynes himself in the Preface to his 1936 General Theory. She also supported Kalecki, whom Keynes had in to Cambridge, but by all accounts did not like. In 1937…

…claim and its history. S.J. Chapman’s coherent and formerly highly regarded theory of the hours of labor is reviewed, and it is shown how that theory could lend credence to…

…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,…