November 30, 2015

Profit: cross references

Posts and abstracts
  • Rethinking the Profit Law   here
  • Rethinking deficit spending   here
  • How to end the Punch and Judy show about profit   here
  • The thing with profit and exploitation   here
  • Wikipedia and the promotion of economists’ idiotism   here
  • The final implosion of MMT   here
  • Economics between science and magic   here
  • A new episode of one of the worst blunders of economics   here
  • Macrofoundations, too, are defective   here
  • The general theory of scientific incompetence   here
  • How Keynes got macro wrong and Allais got it right   here
  • Keynesianism: The triumph of blathering over thinking   here
  • Clueless about money and profit   here
  • Demystifying employment theory and policy   here
  • The unfinished Keynes   here
  • Making the economy the focus of the economists’ dialogue   here
  • Stock prices, profit, and other self-fulfilling idiocies   here
  • History and future of the monetary economy   here
  • There is no thrift paradox, or, How economists fell over their own feet   here
  • Enough! Economists, retire now!   here
  • The actual distribution is unacceptable? Do NOT seek economic advice!   here
  • Fatal defects of profit and market theory   here
  • The scientific self-elimination of Heterodoxy   here
  • The tiny little problem with economics   here
  • The great economic equations   here
  • Hayek or how economists miss their subject matter since more than 200 years   here
  • The unintended consequences of deficit spending   here
  • Economic policy has gone wrong because economic theory has gone wrong   here
  • High profits and low economics   here
  • The solemn burial of marginalism   here
  • How Keynes messed macro up   here
  • As Napoleon said: don’t listen to economists   here
  • How the American working class can bring overall profits down to zero without bloody revolution   here
  • Profit, marginalism, and other anomalies   here
  • Your profit theory is false   here
  • “As goes GM, so goes America” — A rather ordinary fallacy of composition here
  • How the intelligent non-economist can refute every economist hands down   here
  • Wages and profits are NOT the components of income   here
  • Heterodoxy, too, is scientific junk   here
  • Confounding sociology and economics   here
  • The very real problem of zero scientific utility   here
  • No culpa, only stultitia   here
  • Who said what to whom — and does it matter?  here
  • Essentials of Constructive Heterodoxy: profit  here
  • Income, profit, distributed profit: a radical simplification  here
  • Refocusing the debt/profit issue  here
  • The Profit Law  here
  • Inequality, wage and profit  here
  • Kalecki's wrong definition of profit and income  here
  • The universal Profit Law and the multitude of unique historical circumstances  here
  • The profit theory is false since Adam Smith. What about the true distribution theory?  here
  • What the Top 20 heterodox economists say  here
  • Profit for Marxists  here
  • Where is profit?  here
  • Profit is the key  here
  • Flawed logic  here
ICYMI: Profit is the pivotal concept for the analysis of how the economy works. Without a correct profit theory economics is vacuous. Conventional profit theory is logically indefensible. Economists have no true conception of the most important phenomenon in their universe.

Working papers
  • How the intelligent non-economist can refute every economist hands down   SSRN
  • The profit theory is false since Adam Smith. What about the true distribution theory?  SSRN
  • The emergence of profit and interest in the monetary circuit   SSRN
  • Profit for Marxists   SSRN
  • Debunking squared   SSRN
  • Understanding profit and the markets: the Canonical Model   SSRN
  • Income distribution, profit, and real shares   SSRN
  • When Ricardo saw profit, he called it rent: on the vice of parochial realism  SSRN
  • Schumpeter and the essence of profit   SSRN
  • Uniform profit ratios   SSRN
  • Keynes's missing axioms   SSRN