economics

 

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electric trains and excavators

 

In some countries, most trains are powered by overhead electric lines. In America, most trains are powered by diesel engines. Why?

 

 

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nuclear costs are inflation

 

Why has nuclear power gotten more expensive since 1970?

 

 

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houses, cars, and inflation

 

If there was technological improvement, shouldn't things be at least a little bit cheaper?

 

 

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energy flow of economies

 

One way of looking at the economy as a whole at a high level is to consider the flow of energy.

 

 

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job distribution

 

When most of the money is held by rich people, the economy adapts to their desires.

 

 

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oligopoly chains

 

Oligopolies can lead to underinvestment in raw material production.

 

 

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chinese industrial policy

 

What has China been doing right?

 

 

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heterodox economics

 

This is a summary of some disagreements I have with contemporary American neoliberal economics.

 

 

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antitrust

 

America doesn't break up big companies the way it used to.

 

 



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