Viewing profile — vanveenada

it's a quadrilogy, not a book, but I'd pick Ada Palmer's _Terra Ignota_ series without hesitation. I'm comfortable arguing for it fitting within the constraint of the question, lar…

I mean this is neither here nor there, but "communism could work if only it could be done without authoritarianism" is not a Marxist take, doctrinaire or otherwise. If you're a bol…

Do you knit? Do you wear sweaters? The sweaters you have -- did you knit them? Do you wear shirts? Did you sew them yourself? If not, why are you so lazy?

Fortunately, when there's wage-driven inflation there's enough effective demand in the economy to produce enough supply to provide enough taxation headroom to offset the effects of…

found the Georgist!

Correct, because nothing lasts forever in this fallen world. That said: the amount of time spent in a state of wage-driven inflation -- setting up the situation where temporary mom…

this is an example of "price stickiness." People selling goods tend to let the price stay at whatever level it's currently at longer than is strictly rational. Because prices tend …

Yes, but because prices (including rents) are sticky -- it takes a while for them to adjust upwards to soak up the additional effective demand produced by increased wages. So long …