Wednesday, December 19, 2018

Society's virtuous monsters

Personality disorders Or genetic necessities To species propagation

Monday, December 17, 2018

Wednesday, December 12, 2018

Two channel earned income with two sources : market wage and social wage

USWR
 universal social wage rate

  Try here say
 5 dollars an hour
For 20 hours a week

     100 dollars a week max

Say 1000 hours a year times
175  million wage earners

Under a trillion buck program

  No big deal really

Tuesday, December 11, 2018

Marxist value theory and the marginalist revolution

  Does marginal cost pricing
Free to vary from average cost
  Conflict
 with  classical
average cost plus pricing

Of course it does
With increasing unit productivity
And falling unit cost
A capitalist firm
 is constrained by break even prices
Or it bleeds  red ink unto death
On the other hand
Demand constrained markets
By definition
 Are pricing above marginal unit cost
If the goal is simple operating profit max

Marginal Unit COST
  c (q)   = FC /Q + vc (Q)
q = marginal unit sold
Q = total units sold

FC = fixed costs

c(q)< price

Social security data wage rate and hour tracker

Right now we should have a complete output of wage data
Location mapped and time stamped to process in real time

 Let's drop the inate tendencytoward ultra rapid
unitary product price and wage rate models

That assume what markets need to prove to us