Featured | Democratic Firms
Reframing the Labor Question
Subtitle: On Marginal Productivity Theory and the Labor Theory of Property
This paper reframes the labor question according to the normal juridical principle of imputation whose application to property appropriation is the modern treatment of the old natural rights or labor theory of property.
Labor theory of property and predistribution
This is the online-first publication in Challenge: The Magazine of Economic Affairs of an article on the labor theory of property showing the superficiality of the inequality-debate framing in terms of distribution (i.e., how much is distributed by a firm to labor versus capital) in favor of a framing in terms of what is now called “predistribution”–in this case the question of who is to be the firm in the first place, Capital or Labor.
Featured | Development
Knowledge and Institutional Change
This paper attempts set forth systematically some of the knowledge questions that determine certain strategies for institutional change.
Voucher Privatization with Investment Funds
This paper has been cited many times as the representative critique of voucher privatization with investment funds.
Featured | Property Theory
Reframing the Labor Question
Subtitle: On Marginal Productivity Theory and the Labor Theory of Property
This paper reframes the labor question according to the normal juridical principle of imputation whose application to property appropriation is the modern treatment of the old natural rights or labor theory of property.
Labor theory of property and predistribution
This is the online-first publication in Challenge: The Magazine of Economic Affairs of an article on the labor theory of property showing the superficiality of the inequality-debate framing in terms of distribution (i.e., how much is distributed by a firm to labor versus capital) in favor of a framing in terms of what is now called “predistribution”–in this case the question of who is to be the firm in the first place, Capital or Labor.
Featured | Quantum Mechanics
New Foundations for Quantum Information Theory
Logical information theory is the quantitative version of the logic of partitions just as logical probability theory is the quantitative version of the dual Boolean logic of subsets. The resulting notion of information is about distinctions, differences, and distinguishability, and is formalized as the distinctions of a partition (a pair of points distinguished by the partition). This paper is an introduction to the quantum version of logical information theory.
Quantum Logic of Direct-sum Decompositions
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.
Featured | Mathematics
New Foundations for Quantum Information Theory
Logical information theory is the quantitative version of the logic of partitions just as logical probability theory is the quantitative version of the dual Boolean logic of subsets. The resulting notion of information is about distinctions, differences, and distinguishability, and is formalized as the distinctions of a partition (a pair of points distinguished by the partition). This paper is an introduction to the quantum version of logical information theory.
Quantum Logic of Direct-sum Decompositions
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.
