by J. Jerrald Hayes | Oct 21, 2021 | Economics & The Economy, Income Inequality
How the Labor Theory of Value Emerges from Egalitarianism – Economics from the Top Down In the 1860s, Karl Marx declared that all value stemmed from labor. A century-long firestorm ensued. On its own, Marx’s claim seems innocent enough. But what made it...
by J. Jerrald Hayes | Oct 18, 2021 | What I'm Reading
The other day in a discussion elsewhere on FB someone wrote:”Great job the progressives are doing.” and I gave my list of all the things Progressives have done but then realized I also needed a list for all the things Conservatives have achieved and here is the list I...
by J. Jerrald Hayes | Oct 18, 2021 | Economics & The Economy, Income Inequality
Seven Ways to Transform 21st-Century Economics – and Economists – Evonomics Complexity Economics matters enormously for the future, but its fundamental ideas are centuries out of date. No one can deny it: economics matters. Its theories are the mother...
by J. Jerrald Hayes | Oct 17, 2021 | Critical Thinking
Conspiracy theorists lack critical thinking skills: New study The more people believe in conspiracy theories, the worse they perform on critical thinking tests, a new study has confirmed. This doesn’t mean that conspiracy theorists are necessarily lacking...
by J. Jerrald Hayes | Oct 14, 2021 | Economics & The Economy
There is no relationship between inflation (red line) and changes in federal deficit spending (blue line). Libertarians and Republicans sell the inflation myth to widen the Gap between the rich and the rest. Let me begin at the end, with a summary:...
by J. Jerrald Hayes | Oct 13, 2021 | Cosmology & Astronomy, Science
“Lastly, and perhaps most importantly, we can no longer speak, with any sort of knowledge or confidence, of how — or even whether — the universe itself began. By the very nature of inflation, it wipes out any information that came before the final few moments:...
by J. Jerrald Hayes | Oct 13, 2021 | • Politics, Racism
Opinion: Jon Gruden’s emails not just an NFL problem. They’re symbolic of societal white grievance. If you want to fully understand why Jon Gruden resigned Monday after a trove of racist and misogynistic emails was unearthed like a giant vat of radioactive...
by J. Jerrald Hayes | Oct 12, 2021 | Looking @ Woo, Pseudoscience
https://www.bloomberg.com/news/features/2021-10-12/homeopathy-doesn-t-work-so-why-do-so-many-germans-believe-in-it...
by J. Jerrald Hayes | Oct 12, 2021 | • Politics
How Far Down the Road Towards Fascism Has America Gone? While there’s apparently “nothing to see here” when it comes to conservative media outlets and even, in many ways, mainstream media, it’s worth asking the question: “How far down the...
by J. Jerrald Hayes | Oct 12, 2021 | Racism
Opinion | The NFL’s racism problem is a lot bigger then Jon Gruden Just days ago, Jon Gruden seemed unassailable, assumedly untouchable. But as of Monday, he resigned as coach of the Las Vegas Raiders. A favorite of Vegas franchise owner Mark Davis, he was in...
