Each capitalist, Marx noted, has an ambiguous relation to the workers. On the one hand, she wants the workers she employs to have low wages, since that makes for high profits. On the other hand, she wants all other workers to have high wages, since that makes for high demand for her products. Although it is…

Lars P Syll

02.09.2025

Truth and justice — things worth figting for | LARS P. SYLL

Truth and justice are the essential foundations of any legitimate political order—not merely moral abstractions. Deny truth, and you replace reason with power. Abandon justice, and you permit domination to thrive. This is vividly clear in Gaza and Ukraine, where truth and justice are shown to be not distant ideals but concrete conditions for peace.…

Lars P Syll

02.09.2025

Uncertainty, learning, and rational expectations | LARS P. SYLL

The rational expectations hypothesis presupposes — largely for reasons of internal consistency — that agents possess complete knowledge of all relevant probability distributions. When economists attempt to incorporate learning into these models, it is always in a very restricted sense. Nothing genuinely unanticipated ever occurs; instead, learning is reduced to a mechanical process of updating…

Lars P Syll

02.09.2025

Ger lägre löner fler jobb? | LARS P. SYLL

Fackföreningsekonomen Daniel Lind och ekonomiprofessorn Lars Calmfors har under det senaste året haft en animerad diskussion om forskningen kring 'monopsoni' och 'lägstalöner' i Ekonomisk Debatt och Affärsvärlden. En central tvistefråga i diskussionen mellan Lind och Calmfors gäller lägstalönerna i Sverige. Lind hävdar att höjda lägstalöner inte med nödvändighet behöver leda till färre jobb. Han menar…

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Lars P Syll

Economy

Marx and Keynes on the contradictions of capitalism | LARS P. SYLL

Truth and justice — things worth figting for | LARS P. SYLL

Uncertainty, learning, and rational expectations | LARS P. SYLL

Ger lägre löner fler jobb? | LARS P. SYLL

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Lars P Syll