
Alfred Marshall on worker’s bargaining power and the union wage premium
10 Sep 2019 1 Comment
in Alfred Marshall, applied price theory, history of economic thought, labour economics, labour supply, unions
Stigler said Alfred Marshall’s greatest contribution was to dynamic analysis
09 Sep 2019 Leave a comment

Sargent is a bit cross with the Romer and Romer narrative of post-war stabilisation
08 Sep 2019 Leave a comment
in budget deficits, business cycles, economic growth, economic history, history of economic thought, macroeconomics, monetary economics

From Commentary: The Evolution of Economic Understanding and Postwar Stabilization Policy at
http://citeseerx.ist.psu.edu/viewdoc/download?doi=10.1.1.203.4565&rep=rep1&type=pdf
Donald Dewey’s Yale Law Journal 1978 Review of Robert Bork’s Antitrust Paradox @sandeepvaheesan @ProMarket_org @openmarkets
07 Sep 2019 Leave a comment
in applied price theory, history of economic thought, industrial organisation, law and economics, politics - USA Tags: competition law

@sandeepvaheesan misrepresents Robert Bork on merger policy @ProMarket_org @openmarkets
06 Sep 2019 Leave a comment
in economics of regulation, history of economic thought, industrial organisation, law and economics, politics - USA, Public Choice Tags: competition law


More on economists didn’t write on poverty and inequality prior to Piketty
06 Sep 2019 Leave a comment
in history of economic thought, labour economics, poverty and inequality Tags: child poverty, family poverty

Is it just me but are most of these heterodox economists unknown or not economists? Keynes and Piketty pump up the numbers.
03 Sep 2019 Leave a comment
in history of economic thought Tags: cranks

After only 227 pages does @NZComCom reveal its criteria for markets predisposed to collusion
21 Aug 2019 Leave a comment
in applied price theory, history of economic thought, industrial organisation, law and economics, politics - New Zealand Tags: cartel theory, competition law, oligopoly

The old hippies at @NZComCom force Harold Demsetz turn in his grave by using profits to assess competition. So 1960s. Died after his 1973 paper.
21 Aug 2019 Leave a comment
in applied price theory, history of economic thought, industrial organisation, law and economics, politics - New Zealand, politics - USA, survivor principle Tags: competition law

@NZComCom’s petrol pricing report is an ode to the structure-conduct-performance (SCP) paradigm of decades and decades gone by
21 Aug 2019 Leave a comment
in Armen Alchian, economics of bureaucracy, history of economic thought, industrial organisation, law and economics, politics - New Zealand, Public Choice, Ronald Coase Tags: competition law






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