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The model works on the property of absence of diminishing returns to capital. The simplest form of production function with diminishing return is: figure 1.1 where , is a positive constant that reflects the level of the technology. capital (broad sense to include human capital) , output per capita and...
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I thought this would be a good way of spreading our message freely, further, and faster. I arranged all information within the torrent exactly as it was downloaded from the beautifully-arranged Mises U that you have implemented on iTunes. I thought this additional format of delivery would be handy for...
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Some time ago, while discussing the ideal cast for Atlas Shrugged (the movie), I came with the idea of making it an animated series, a la Bruce Timm. Here is the post in my blog: http://libertarioyateo.blogspot.com/2008/07/y-si-hacemos-una-serie-animada.html The dark atmosphere and the deco style of...