Prof Emeritus of Econ • author • former editor Rethinking Marxism • blogger • more bio (https://xitter.cf/t.co/eoCkmaUDMa)
Joined September 2013
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Only in America: Unskilled Florida Man Regrets Missing Out on Being Enslaved rsn.org/001/unskilled-florid…
Employers go on and on about how no one wants to work because they can’t accept the simple truth that no one wants to do back-breaking labor with insulting pay all for a boss who couldn’t care less about their wellbeing theguardian.com/us-news/2023…
Not just a moral crisis, but a CLASS crisis. And not just for doctors, but for ALL workers in U.S. healthcare. nytimes.com/2023/06/15/magaz…
Prices and inflation are not mechanical forces of nature, but always the outcome of multiple economic, political, and cultural forces jacobin.com/2023/06/providen…
SCOTUS is "first and foremost the leading defender of property within our political order"—and thus for capital and against labor nytimes.com/2023/06/06/opini…
I taught neoclassical microeconomics for decades. One of my favorite moments was when I asked students "who sets the prices?" Their answer was usual "businesses!" Except not in NCL theory, since all firms are assumed to be price-takers. Oops! nytimes.com/2023/05/30/busin…
WordPress.com has become the latest platform to cut its Twitter integrations due to Musk's new high-priced subscription plans. So, if you want to see the content of my blog, you'll have to subscribe to the SMS feed or go there directly: anticap.wordpress.com/
“If people don’t have to struggle all day long to survive — if your life is made safe, at least in social conditions — you can use your energy for much more important things.”
nytimes.com/2023/05/23/magaz…
As I often taught my students: UofC economics (aka free market/supply-side/rational expectations) was laughed at for decades but they didn't follow academic fashion or change their tune. They persisted and then started winning Nobel prizes—15 in total. nytimes.com/2023/05/17/busin…
Cartoons of the day anticap.wordpress.com/2023/0…
Cartoons of the day anticap.wordpress.com/2023/0…
