Lynne Kiesling [vimeo 67808322 w=500 h=281] The Marginal Revolution in Economics from Lynne Kiesling on Vimeo. A fundamental question in economics is value theory — where do prices come from, what determents the value of a commodity, product, or good? The classical economists operated with a labor theory of value, but in the mid-19th century, …
Course Video 5: The Marginal Revolution and Carl Menger Read More »
Lynne Kiesling This weekend’s Wall Street Journal has, for your reading pleasure, a wonderful profile of Pete Boettke. Many of you know Pete as an economics professor at George Mason, a contributor to Coordination Problem, and a tireless and fierce intellect to be reckoned with. He is also a good friend to Knowledge Problem, and …
Wsj Profile of Pete Boettke and Modern Austrian Economics Read More »
Michael Giberson Following up on a Monday post, in the news another report of a Texas electric power retailer seeking to acquire generation as a natural hedge. From Platts: Direct Energy said Wednesday that it plans to acquire and/or develop new generating capacity in the US to support its electricity retailing business. Direct, a subsidiary …
Retail Electric Power Market Shakeout in Texas, Ii Read More »
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