Blog
- Remaking Our Economies with Wartime Analogies, Part 2July 23, 2021 12:53 pm
Originally published at dtcochrane.com DT Cochrane In Part 1, I explained the motivation for this series. I want to use the analogy of WWII, as invoked by economists JW Mason …
- Remaking Our Economies with Wartime Analogies, Part 1July 22, 2021 9:20 am
Originally published at dtcochrane.com DT Cochrane Economist JW Mason recently tweeted the following: Bloomberg writer Peter Coy was motived to perform this research by an NYT op-ed from Mason and …
- Why ‘General Intelligence’ Doesn’t ExistJuly 20, 2021 11:41 am
Originally published on Economics from the Top Down Donald Trump took an IQ test … you’ll never guess what he scored! Apologies. That was my attempt at clickbait.1 Now that …
BN Archives
- Breaking Out of Stagflation: Some Regional Comparisonson June 14, 2021 at 9:45 pm
Breaking Out of Stagflation: Some Regional Comparisons Nakhjavani, Mehran and Nitzan, Jonathan. (1995). Vol. 3. No. 9. January. pp. 7-8. (Article - Magazine; English).
- Pharmaceuticals: Beating the Hell Out of the Averageon June 8, 2021 at 9:02 pm
Pharmaceuticals: Beating the Hell Out of the Average Bichler, Shimshon and Nitzan, Jonathan. (2021). Research Note. June. pp. 1-5. (Article - Working Paper; English).
- The Ritual of Capitalizationon June 2, 2021 at 11:38 pm
The Ritual of Capitalization Fix, Blair. (2021). Economics from the Top Down. 2 June. (Article - Magazine; English).
Publications
- Fix: ‘The Rise of Human Capital Theory’March 29, 2021 5:22 pm
ABSTRACT Today, human capital theory dominates the study of personal income. But this has not always been so. In this essay, I chart the rise of human capital theory, and …
- Bichler and Nitzan, ‘Unbridgeable: why political economists cannot accept capital as power’March 24, 2021 12:27 pm
ABSTRACT The theory of capital as power (CasP) is radically different from conventional political economy. In the conventional view, mainstream as well as heterodox, capital is seen a ‘real’ economic …
- Lucas, ‘Risking the earth, parts 1 and 2’February 9, 2021 10:00 am
ABSTRACT This two-part paper details the arguments and evidence that have been marshalled by both climate scientists and social scientists to critique the current procedures and methodologies deployed by the …
Critical Mass Forum
- Reply To: Beating the hell ouf of the averageJune 30, 2021 3:07 pm
Some breakdown of U.S. drug cost, based on: Sood, Jeeraj, Tiffany Shih, Karen Van Nuys, and Dana Goldman. 2017. The Flow of Money Through the Pharmaceutical Distribution System. Los Angeles, …
- Reply To: Beating the hell ouf of the averageJune 30, 2021 9:54 am
Fascinating, Jonathan. It still blows my mind that we allow chemical compounds to be put under intellectual property. Imagine if Marie Curie had patented the formula for Radium. Or worse …
- Reply To: Beating the hell ouf of the averageJune 29, 2021 6:47 pm
According to Kinch et. al., ownership of new molecular entities (NMEs) has grown highly concentrated – in 2013, the top 10 pharmaceutical firms owned more than 2/3rds of all NMEs, …
- Reply To: Beating the hell ouf of the averageJune 28, 2021 5:18 pm
Ever wondered what profit is good for? Lazonick et. al. show that, in 2006-2015, the 18 U.S. pharmaceutical firms in the S&P500 used 99% of their net income to buy …
Working Papers
- 2021/03: Bichler and Nitzan, ‘The 1-2-3 Toolbox of Mainstream Economics: Promising Everything, Delivering Nothing’March 15, 2021 4:02 pm
ABSTRACT We write this essay for both lay readers and scientists, though mainstream economists are welcome to enjoy it too. Our subject is the basic toolbox of mainstream economics. The …
- 2021/02: Fix, ‘Living the good life in a non-growth world: Investigating the role of hierarchy’February 10, 2021 12:45 pm
ABSTRACT Humanity’s most pressing need is to learn how to live within our planet’s boundaries — something that likely means doing without economic growth. How, then, can we create a …
- 2021/01: Mouré, ‘Soft-wars: The Differential Trajectories of Google and Microsoft – a Capital as Power Analysis’February 10, 2021 12:26 pm
ABSTRACT FROM THE ARTICLE: According to the capital as power framework, pecuniary earnings, or profits, are a symbolic representation of the struggle for power between different capitalist groups. In this …
RECASP Journal
- Suaste Cherizola, ‘From Commodities to Assets’May 1, 2021 10:29 am
From Commodities to Assets Capital as Power and the Ontology of Finance JESÚS SUASTE CHERIZOLA May 2021 Abstract Assets are a crucial concept of the practice and mindset of the …
- Differential Taxation: The Case of American BankingSeptember 10, 2020 8:07 pm
Mladen Ostojić Abstract This paper maps an empirical history of corporate profit and taxation in the United States, with a special focus on the differential profit and taxation of banks …
- Growing Through SabotageSeptember 7, 2020 12:55 pm
Growing Through Sabotage Energizing Hierarchical Power SHIMSHON BICHLER and JONATHAN NITZAN June 2020 Abstract According to the theory of capital as power, capitalism, like any other mode of power, is …