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Ilir Deebran
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You can never understand these issues without using the utility scale created by Alex Gheg. Quantity, quality, variety and convenience in one equation. http://www.youtube.com/watch?v=u6tFLGpcOpE
Commented Sep 6, 2012 on Are Americans better off than the Dutch? at Dani Rodrik's weblog
Are Americans better off than the Dutch?
For a lot of questions, comparisons of per-capita GDP yield the correct answer to a first-order of approximation. For example, are Americans richer than the Chinese? A comparison of GDPs per capita, adjusted for PPP differences, yields an unambiguous answer in favor of the U.S. Yes, income may...
A former PhD economics student has discovered the dirty little secret of neoclassical economics. Bring this up in class and stump your professor. http://www.youtube.com/watch?v=2c4mvGekYZY
Commented Feb 20, 2012 on To the Streets: Occupy Wall Street moves to Main Streets at Economic Dreams - Economic Nightmares
To the Streets: Occupy Wall Street moves to Main Streets
The "Occupy Wall Street" movement is moving to Main Streets across the globe. It's about time. But I fear that the movement will be captured by the far left, just as the TEA party movement has been captured by the far right. If Occupy Wall Street will evolve to represent the case of the 99% agai...
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