Econ Autodidactic

There is only one true answer to any economic question: "It depends".

Wednesday, June 17, 2020

On Vollrath's "Fully Grown"

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In Fully Grown, Vollrath really takes you step by step through what was lowering the rate of GDP growth in the last couple of decades. For m...
Wednesday, May 27, 2020

Above the System: On General Laws of Capitalism

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Capital starts with the commodity form of production, but Marx is not focused on the commodity in his grand work. Instead he is lookin...
Sunday, May 17, 2020

Capitalism: Golden Ages?

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Compare and contrast the analysis of the rise and fall of the Golden Age of Capitalism/Social Democracy in Bowles and Carlin’s CORE-ECON Cha...

Rational Class Consciousness

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The “rational class consciousness'” hypothesis is that in a class-based model, each class, besides being modeled, will use the model to ...
Friday, May 15, 2020

Money Saving Tips in the Time of Crisis

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In times of crisis and great uncertainty it is easy to panic and to focus on the short term and to forget about the long term. The current e...
Monday, May 11, 2020

Keep Running: A Graduation Speech for the Class of 2020

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Post management tools menu Keep Running: A Graduation Speech for the Class of 2020 Graduation was canceled, but that means that we have to b...
Thursday, May 7, 2020

Budgeting Assumptions in the Time of COVID-19

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So normally, high level you look at what your activity was last year and you adjust that based on what you think is coming in the next year ...
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J. Edgar Mihelic
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