Should-Read: Dietrich Vollrath (2015): What Assumptions Matter for Growth Theory?: “Somewhere along I-40 and I-81 I was able to get a little clarity… …in this whole “price-taking” versus “market power” part of the debate. I’ll circle back to the actual “mathiness” issue at the end of the post…. Do inputs to production earn their marginal … Continue reading Should-Read: Dietrich Vollrath (2015): What Assumptions Matter for Growth Theory?