#### Featured | Democratic Firms

## Labor theory of property and Marginal productivity theory

April 17, 2016 By admin

This is a reprint from the journal Economic Thought of a paper on the labor theory of property and the neoclassial theory of marginal productivity.

## Does Classical Liberalism Imply Democracy?

December 9, 2015 By admin

This paper, written for a classical liberal audience, goes into the fault line running down the middle of the doctrine: does classical liberalism imply democracy? The libertarian wing, represented concretely today in the startup or charter cities initiatives, only requires consent (and exit) so the consent could be to a non-democratic pact of subjection. The democratic form of classical liberalism is represented by the mature James M. Buchanan who held that a liberal social order required people to be principals in their organizations who could only delegate but not alienate their rights of self-governance. That distinction is traced back to the Reformation inalienability of conscience that descends through the Enlightenment to modern times in the abolitionist and democratic movements.

#### Featured | Development

## Neoclassical Economics as the New Social Engineering

February 29, 2016 By admin

This is a paper on the role of neoclassical economics in the disastrous “Big Bang” or “shock therapy” advice given by Western academics and Western advisory agencies to the post-socialist countries. It is part of the Oxford Handbook of Professional Economic Ethics.

## Parallel Experimentation

February 5, 2014 By admin

The theme of parallel experimentation is used to recast and pull together dynamic and pluralistic theories in economics, political theory, philosophy of science, and social learning.

#### Featured | Property Theory

## Labor theory of property and Marginal productivity theory

April 17, 2016 By admin

This is a reprint from the journal Economic Thought of a paper on the labor theory of property and the neoclassial theory of marginal productivity.

## On Vectorial Marginal Products and Modern Property Theory

December 20, 2015 By admin

When proposing some unorthodox theory, like the modern labor theory of property, orthodox economists always say: “Show me the math!” Well, here it is.

#### Featured | Quantum Mechanics

## Quantum Logic of Direct-sum Decompositions

April 12, 2016 By admin

The usual quantum logic, beginning with Birkhoff and Von Neumann, was the logic of closed subspaces of a Hilbert space. This paper develops the more general logic of direct-sum decompositions of a vector space. This allows the treatment of measurement of any self-adjoint operators rather than just the projection operators associated with subspaces.

## Counting Direct-sum Decompositions

March 28, 2016 By admin

This paper uses elementary methods to derive the formulas for and to tablulate (in the case q = 2) two related q-analogs of the Stirling numbers of the second kind and the Bell numbers for direct-sum decompositions (vector space analogs of set partitions) of a finite vector space over a finite field with q elements.

#### Featured | Mathematics

## Gian-Carlo Rota’s Probability Course: The Guidi Notes

June 13, 2016 By admin

This is a copy of the Guidi Notes for Gian-Carlo Rota’s Probability course at MIT the last time Rota gave the course. A copy of the Rota-Baclawski text used as course material can also be downloaded here.

## Gian-Carlo Rota’s Combinatorial Theory Course: The Guidi Notes

June 13, 2016 By admin

This is a copy of the Guidi Notes for Gian-Carlo Rota’s famous Combinatorial Theory course at MIT taken the last time Rota taught the course.