Originally published at notes on cinema James McMahon A survey of academic writing on the business of culture will show that authors seldomly restrain themselves from making predictions or giving recommendations to the hypothetical economic actor. This offering of future-oriented arguments to an audience should not be surprising. The disciplines of economics, business, management studies […]
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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 most important tools in this box are demand, supply and equilibrium. All mainstream economists – as well as many heterodox ones – use these tools, […]
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Originally published at Economics from the Top Down Blair Fix Do you remember peak oil? It was all the rage a decade ago. Now, almost no one is talking about it. The funny thing is, the problem never went away. If anything, it’s gotten worse. In this post, I take a deep dive into peak […]
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Originally published at joefrancis.info Joe Francis Giovanni Federico and Antonio Tena-Junguito (2016) have produced a data set of world trade that includes exports and imports, in both current and constant prices, going back to the early nineteenth century for over 100 countries. It will give all economic historians a mass of easily available long-term time […]
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