D.T. Cochrane Abstract Perhaps the most contentious concept in Nitzan and Bichler’s power theory of value (CasP), is that of power itself. The contention is rightly placed. The concept has a long, complicated history and its widespread use within the social sciences is a problematic one, in part because its meaning is often taken for […]
Continue ReadingPerforming the Real-Nominal Bifurcation
The Globe & Mail recently published a roundup of seven analyses of the Canadian housing sector. All of the analyses took some position on whether or not housing in Canada is “overvalued.” The positions ranged from 60 percent overvalued to seven percent under-valued. Regardless of the position, all of the analyses – at least as […]
Continue ReadingA Price for Everything
What is a tree worth? Is this a question you’ve ever pondered? Does it seem like an odd question? Perhaps it seems like an inappropriate question? How could someone possibly attach a financial quantity to a tree? Don’t trees transcend monetary values? Trees are more the things of poetry than finance, aren’t they? Not according […]
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