David F. Ruccio

6.5K posts

David F. Ruccio banner
David F. Ruccio

David F. Ruccio

@Dfruccio

Prof Emeritus of Econ • author • former editor Rethinking Marxism • blogger • more bio (https://t.co/eoCkmaUDMa)

انضم Eylül 2013
0 يتبع2.4K المتابعون
David F. Ruccio
David F. Ruccio@Dfruccio·
Employers go on and on about how no one wants to work because they can’t accept the simple truth that no one wants to do back-breaking labor with insulting pay all for a boss who couldn’t care less about their wellbeing theguardian.com/us-news/2023/j…
English
0
0
1
425
David F. Ruccio
David F. Ruccio@Dfruccio·
I taught neoclassical microeconomics for decades. One of my favorite moments was when I asked students "who sets the prices?" Their answer was usual "businesses!" Except not in NCL theory, since all firms are assumed to be price-takers. Oops! nytimes.com/2023/05/30/bus…
English
2
1
3
11.8K
David F. Ruccio
David F. Ruccio@Dfruccio·
WordPress.com has become the latest platform to cut its Twitter integrations due to Musk's new high-priced subscription plans. So, if you want to see the content of my blog, you'll have to subscribe to the SMS feed or go there directly: anticap.wordpress.com
English
1
0
0
198
David F. Ruccio
David F. Ruccio@Dfruccio·
“If people don’t have to struggle all day long to survive — if your life is made safe, at least in social conditions — you can use your energy for much more important things.” nytimes.com/2023/05/23/mag…
English
0
1
0
198
David F. Ruccio
David F. Ruccio@Dfruccio·
As I often taught my students: UofC economics (aka free market/supply-side/rational expectations) was laughed at for decades but they didn't follow academic fashion or change their tune. They persisted and then started winning Nobel prizes—15 in total. nytimes.com/2023/05/17/bus…
English
0
1
3
264