Wednesday, August 28, 2019
Greenwald - Stiglitz emergent hierarchy within market systems
Firms are spontaneous emergent
heterogenious
hierarchic organizations
The entire scope
is surplus value
Not necessary value
In a Marxist paradigm
Skill is just an intermediate input
To raw labor
Pre determined by the wage bargain in place at time zero
Friday, August 23, 2019
Love the toys boys ?
Why call them models
When there's little proof the logic systems
Reflect real activities
Go ahead love the toys
JUST don't pretend they lead on to class neutral policy thru
The magic looking glass
Of rationalist
Analytics
Public equity v private equity
Equity stakes conditioned by firm charters and firm regs
Private firms privately held
Are the Reagan era
concocted surge of
the jobs market places of
OECD earth
Thursday, August 15, 2019
Spherical market system with and without partitions
Imagine a global market system
Production for ever as a single system without barriers
Now draw boundaries looking for a bounded area that would improve local welfare by autarcky
Of course you have a given distribution of real elements conditioned by years and years of global free trade
Now take an existing global broken into
Existing bounded restriction zones
And pull away the restrictions
And after say 10 years try to find a boundable sub area that could improve welfare however measured by restricting trade
More ...much more needed
Thursday, August 8, 2019
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