…a higher likelihood. It is based on theory, but the theory consists of simplifying assumptions made about trends by economists who want to focus on cycles. I think the drift…

…is not zero-sum pertains to this—indeed, if the divide-and-rule theory of class exploitation is correct, quite a few whites would be better off in a more racially equal society. I…

…praise economic theory and I will never forgive them). In standard theory expensing investment and increasing the rate to keep revenue the same makes perfect sense. It is narrowing the…

…half are bound for bankruptcy in the next few decades. Christensen is known for coining the theory of disruptive innovation in his 1997 book, “The Innovator’s Dilemma.” Since then, he…

…respect for theory back then. Now he, frankly, boasts about being decades ahead of the rest of the profession. (pdf warning) and I mean frankly “This paper is an exercise…

…strategy whose greatest benefit is the enhancement of the collective bargaining strength of employees relative to that of employers. An unsound economic theory of “leisure choice” has obscured the crucial…

…decades he has assembled and tweaked a model called DICE (Dynamic Integrated Climate-Economy), that melds computable general equilibrium theory from economics and equations from the various strands of climate science….

…political economy implications of “surplus value” as referring to an analysis founded on an archaic “labor theory of value.” Personally, I don’t think a labor theory of value is one…

…key benchmark models that structure the alternative narratives. They make the point that major changes in economic theory, such as greater behavioral realism, the relevance of institutions and the role…

…Papers in 1963, 6 years after he died. It is not really surprising that it would be von Neumann as there are deep links between oprimizing programming and game theory….