In my last post on my Debtwatch blog, I finished by saying that the Physiocrats were the only School of economics to properly consider the role of energy in production. They ascribed it solely to ...

Adam Hayes, Ph.D., CFA, is a financial writer with 15+ years Wall Street experience as a derivatives trader. Besides his extensive derivative trading expertise, Adam is an expert in economics and ...

We use a unique new data set that combines data on individual workers and their employers to estimate marginal productivity differentials among different types of workers. We then compare these to ...

Journal of Political Economy, Vol. 79, No. 3 (May - Jun., 1971), pp. 481-507 (27 pages) The paper indicates how the Shephard duality theorem may be utilized in order to obtain a system of derived ...