Employers go on and on about how no one wants to work because they can’t accept the simple truth that no one wants to do back-breaking labor with insulting pay all for a boss who couldn’t care less about their wellbeing https://t.co/cltcFkC9e0
Prices and inflation are not mechanical forces of nature, but always the outcome of multiple economic, political, and cultural forces https://t.co/adh9T4QZwj
SCOTUS is "first and foremost the leading defender of property within our political order"—and thus for capital and against labor https://t.co/sKrJGIrWtd
I taught neoclassical microeconomics for decades. One of my favorite moments was when I asked students "who sets the prices?" Their answer was usual "businesses!" Except not in NCL theory, since all firms are assumed to be price-takers. Oops! https://t.co/dbHbyDS2kJ
https://t.co/40UsXBUbAH has become the latest platform to cut its Twitter integrations due to Musk's new high-priced subscription plans. So, if you want to see the content of my blog, you'll have to subscribe to the SMS feed or go there directly: https://t.co/0bbMsRTxLw
“If people don’t have to struggle all day long to survive — if your life is made safe, at least in social conditions — you can use your energy for much more important things.”
https://t.co/zGNpdl9LHt
As I often taught my students: UofC economics (aka free market/supply-side/rational expectations) was laughed at for decades but they didn't follow academic fashion or change their tune. They persisted and then started winning Nobel prizes—15 in total. https://t.co/at61uWm8qb