Economics and Liberating Theory - Part 6 ppt
Economics and Liberating Theory - Part 6 ppt
... of supply and demand which is
the key to understanding how markets for particular goods and
services work. The macro law of supply and demand is the key to
understanding how much goods and services ... The old theory
was relabeled “micro economics and preserved as the centerpiece
of the traditional paradigm, and a new theory called macro
economics was created to explain the...
Economics and Liberating Theory - Part 1 pdf
... liberation and anti-
racist movements, and anarchism, as well as from mainstream
psychology, sociology, and evolutionary biology where useful.
Liberating theory attempts to understand the relationships ... assembly lines, raw
materials, and products are objects, and part of the “built” environ-
ment. Ruth, Joe, and Sam, the people who work in, or own the
factory, are people,...
Economics and Liberating Theory - Part 2 pps
... (William Morrow, 19 96) , Daphne Greenwood and Edward
Wolff, “Changes in Wealth in the United States 1 962 –1983,” Journal of
Population Economics 5, 1992, and Laurence Kotlikoff and Lawrence
Summers, ... important to evaluate
and take into account.
SELF-MANAGEMENT
I define self-management as decision making input in proportion to the
degree one is affected, and believe more self-...
Economics and Liberating Theory - Part 3 docx
... of self-managed and other-directed or alienated labor,
and from the supervisory costs of monitoring employees. Conse-
quently the model fails to capture differences in outcomes from
labor and credit ... up
to 6 days and use the labor intensive process for the remainder of
the 6 days. Either way a seedless person ends up with
1
6 unit of corn
per day of self-employment no matter...
Economics and Liberating Theory - Part 4 doc
... supply and demand
I call the third “law” the micro law of supply and demand to dis-
tinguish it from a different law we study in chapter 6 that I call the
“macro law of supply and demand.” The ... excess supply
and excess demand, and only at the equilibrium price is there
neither excess supply nor excess demand. This particular kind of self-
interested behavior of buyers and sel...
Economics and Liberating Theory - Part 5 doc
... capital-using and labor-
saving or capital-saving and labor-saving, and whether they be
socially productive or counterproductive. Can we conclude
anything definitive about the effect of any cost-reducing ... prices, and the wage rate in the
economy? Marx hypothesized that capitalist development would
entail capital-using, labor-saving changes more often than capital-
saving, labor-us...
Economics and Liberating Theory - Part 7 ppsx
... sum total balances
in household and business checking accounts at banks. Since
checking account balances were $61 6 billion and currency in circu-
lation was only $ 463 billion in January 1999, currency ... other. Suppose I come and
sell my potatoes for money and then my six-year-old breaks his arm
running around underneath the vegetable stands, I take him to the
emergency room, and...
Economics and Liberating Theory - Part 8 docx
... ECONOMY MACRO ECONOMICS AND IMF CONDITION-
ALITY AGREEMENTS
In chapters 6 and 7 we learned how aggregate demand explains the
causes of some kinds of unemployment and inflation, and studied
the ... goods and services available. And besides the
demand that comes from the domestic household, business, and
government sectors, foreign demand for exports adds to the demand
for fin...
Economics and Liberating Theory - Part 9 pdf
... declines, and when m decreases their
real wage rises.
9
Solving the model
When added to our basic framework of equations (2), (4), and (6)
and the inequality u ≤ 1/a(1), equations (7) and (8) give ... production, (and therefore also income) and M is
imports. So Y + M represents the aggregate supply of final goods and
services. C is household consumption demand, I is domestic
inve...
Economics and Liberating Theory - Part 10 potx
... resort to appearances and partial con-
cessions.
While progressives have every reason to validate people’s desires
for economic justice and real participation, and work to expand
partial concessions, ... Economics of Competition and Greed 259
10 What Is To Be Undone?
The Economics of
Competition and Greed
In Capitalism and Freedom (University of Chicago Press, 1 964 ) Nobel...
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