Political economist. Blogger. Scientist. Editor of the Review of Capital as Power.
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economicsfromthetopdown.com/2026/05/22/t...
Reposted by Blair Fix
1. It can invent new things, and increase output per hour, or
2. it can create methods to capture and extract the monetary benefits from inventions and production.
Disruption is # 1. Monetization is #2.
Notice the two stages: 'disruption' followed by 'monetization'.
economicsfromthetopdown.com/2026/09/19/t...
Reposted by Blair Fix
Bottom-80% have been spending down their assets for decades?
Annual "Total" saving here = NIPA’s Household income + accrued holding gains - outlays.
economicsfromthetopdown.com/membership/
This essay introduces the business-to-industry index (the ratio of income share to energy-use share) to map the financial core of global capitalism, and to trace the rise and fall of capitalist empire.
economicsfromthetopdown.com/2026/09/19/t...
I can't even use google scholar from my university or starlink because they send too much traffic.
economicsfromthetopdown.com/2023/06/10/n...
Reposted by Blair Fix
Reposted by Blair Fix
@dtcochrane.bsky.social explains on the Perspectives Journal Podcast: perspectivesjournal.ca/terminal-profits