Daniele Tavani
danieletavani
My thread on Joan Robinson & the #capital controversy blew up. Thanks 2 all that engaged with it (without trolling)!In the interest of building rather than burning bridges, here's some
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Joan Robinson was “probably the best economist alive” in Paul Samuelson’s own words.@zachdcarter rightfully celebrated her work on monopolistic competition (without which there wouldn’t be new trade theory nor endogenous
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*Bad take* alert here. Neoclassical growth theory rests fundamentally on the f'(k) = r profit-max condition. There is no real wage without this, since w = f(k)-f'(k)k because of constant
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