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Re-explaining Ohlin

de Hak Choi ...

Series Libro 121 - Profit Economics
Bertil Ohlin was dissatisfied with Ricardo’s use of only labor to explain international trade, so he introduced other inputs, such as land. In place of comparative advantage, he used input abundance and intensity to explain trade. Jones, Kemp, and Rybczynski tried to interpret factor abundance and intensity using Ricardo’s production possibility curve (PPC). Naturally, they ended up with the same ... Leer más

$2.43 USD o gratis con Kobo Plus

Bertil Ohlin was dissatisfied with Ricardo’s use of only labor to explain international trade, so he introduced other inputs, such as land. In place of comparative advantage, he used input abundance and intensity to explain trade. Jones, Kemp, and Rybczynski tried to interpret factor abundance and intensity using Ricardo’s production possibility curve (PPC). Naturally, they ended up with the same
... Leer más
3D Economics

de Hak Choi ...

Series Libro 1 - Profit Economics Series
Up till now, Economics is written in p-q 2 dimensions. This book includes the space variable and makes Economics 3-dimensional. It then overhauls all economic theories, especially the competition theories: monopoly demand is more elastic, colluded duopoly covers the whole market; kinked demand is redundant; etc.This book is suitable for courses like Microeconomics, Customer Relation Management, ... Leer más

$2.43 USD o gratis con Kobo Plus

Up till now, Economics is written in p-q 2 dimensions. This book includes the space variable and makes Economics 3-dimensional. It then overhauls all economic theories, especially the competition theories: monopoly demand is more elastic, colluded duopoly covers the whole market; kinked demand is redundant; etc.This book is suitable for courses like Microeconomics, Customer Relation Management,
... Leer más
Disproving Pareto’s Contract Curve Geometrically

de Hak Choi ...

Series Libro 119 - Profit Economics
Pareto's contract curve is a geometric concept. This booklet disproves it geometrically. There are two conditions for its existence: the Edgeworth Box must be a square, and the isoquants must be symmetric. Since upholding both conditions simultaneously is impossible, existing contract curves are fabrications. ... Leer más

$2.43 USD o gratis con Kobo Plus

Pareto's contract curve is a geometric concept. This booklet disproves it geometrically. There are two conditions for its existence: the Edgeworth Box must be a square, and the isoquants must be symmetric. Since upholding both conditions simultaneously is impossible, existing contract curves are fabrications.
... Leer más
Disproving Pareto’s Contract Curve Mathematically

de Hak Choi ...

Series Libro 120 - Profit Economics
Pareto’s contract curve is a geometric concept; consequently, many textbooks supplement it with mathematical justification. This booklet disproves such mathematics. It argues that treating two antagonistic firms as a single entity is flawed, and that maximizing an ever-increasing objective can never yield a solution. Furthermore, this paper clarifies that output is a third-dimensional measure; ... Leer más

$2.43 USD o gratis con Kobo Plus

Pareto’s contract curve is a geometric concept; consequently, many textbooks supplement it with mathematical justification. This booklet disproves such mathematics. It argues that treating two antagonistic firms as a single entity is flawed, and that maximizing an ever-increasing objective can never yield a solution. Furthermore, this paper clarifies that output is a third-dimensional measure;
... Leer más
Disproving Karl Marx’s Interest Rate Theory

de Hak Choi ...

Series Libro 63 - Profit Economics Series
Karl Marx set profit to zero to obtain some maximum interest rate and called it profit rate. He further argued that interest rate must be lower than profit rate. That is Marx’s interest rate theory. This book disproves Marx’s profit rate, and hence his interest rate theory. It also advocates abolishing internal rate of return. ... Leer más

$2.43 USD o gratis con Kobo Plus

Karl Marx set profit to zero to obtain some maximum interest rate and called it profit rate. He further argued that interest rate must be lower than profit rate. That is Marx’s interest rate theory. This book disproves Marx’s profit rate, and hence his interest rate theory. It also advocates abolishing internal rate of return.
... Leer más
Business Cycle: Untold

de Hak Choi ...

Series Libro 29 - Profit Economics Series
What is business cycle? It is economic forecast. Forecasting is fortune telling; it is superstition; it is not science. This book reveals the true face of several great economic forecast models. ... Leer más

$2.43 USD o gratis con Kobo Plus

What is business cycle? It is economic forecast. Forecasting is fortune telling; it is superstition; it is not science. This book reveals the true face of several great economic forecast models.
... Leer más
The Extra Profit Paradox

de Hak Choi ...

Series Libro 118 - Profit Economics
Consider an ore mine owned by A, and a manufacturer, B, that requires ore. Initially, A and B cooperate competitively. Subsequently, Robinson urges A to charge B a higher monopoly price to obtain some extra profit. In response, Bowley urges B to pay A only the lower monopsony price to obtain some other extra profit. Finally, Bowley suggests that A and B form a bilateral monopoly to split a bigger ... Leer más

$2.43 USD o gratis con Kobo Plus

Consider an ore mine owned by A, and a manufacturer, B, that requires ore. Initially, A and B cooperate competitively. Subsequently, Robinson urges A to charge B a higher monopoly price to obtain some extra profit. In response, Bowley urges B to pay A only the lower monopsony price to obtain some other extra profit. Finally, Bowley suggests that A and B form a bilateral monopoly to split a bigger
... Leer más
Toward a General Theory of Monopoly

de Hak Choi ...

Series Libro 116 - Profit Economics
This book develops a new monopoly theory based on Hotelling’s cage model. The new single-seller model—more pragmatically—assumes a positive production cost, yet the firm can impose any price on its consumers. The monopolist holds consumers captive through geographical means or other barriers, rendering their demand curve practically vertical. Although the monopolist can abuse the price policy, ... Leer más

$2.43 USD o gratis con Kobo Plus

This book develops a new monopoly theory based on Hotelling’s cage model. The new single-seller model—more pragmatically—assumes a positive production cost, yet the firm can impose any price on its consumers. The monopolist holds consumers captive through geographical means or other barriers, rendering their demand curve practically vertical. Although the monopolist can abuse the price policy,
... Leer más
Foundation for Economic Analysis

de Hak Choi ...

Series Libro 23 - Profit Economics Series
This book advocates two topics as foundation for economic analysis: Freedom and Mencius. The first is mostly elaborated by western philosophy, but Mencius, being an ancient Chinese scholar, had developed many thinkings that are more avant-garde than most modern theories. ... Leer más

$2.43 USD o gratis con Kobo Plus

This book advocates two topics as foundation for economic analysis: Freedom and Mencius. The first is mostly elaborated by western philosophy, but Mencius, being an ancient Chinese scholar, had developed many thinkings that are more avant-garde than most modern theories.
... Leer más
Road or Traffic

de Hak Choi ...

Series Libro 2 - Hak Choi Academy
Is road the same as traffic? Up till now, economics has treated road and traffic as one. Instead, this book handles them separately, but the two are linked together by a key element: toll, even a zero one. Is road private or public? This book shows that the distinction is not so simple. This book covers 3 road-or-traffic economists and connects their piecemeal writings to form a complete theory of ... Leer más

$2.43 USD o gratis con Kobo Plus

Is road the same as traffic? Up till now, economics has treated road and traffic as one. Instead, this book handles them separately, but the two are linked together by a key element: toll, even a zero one. Is road private or public? This book shows that the distinction is not so simple. This book covers 3 road-or-traffic economists and connects their piecemeal writings to form a complete theory of
... Leer más
Central Bank: Untold

de Hak Choi ...

Series Libro 28 - Profit Economics Series
This book proves that central bank is not a bank, it does not earn any money, but fabricates only false account. Many people think central bank is almighty. They expect it to rescue the economy, earn money for its government and control inflation, etc. Actually, it is capable of nothing. ... Leer más

$2.43 USD o gratis con Kobo Plus

This book proves that central bank is not a bank, it does not earn any money, but fabricates only false account. Many people think central bank is almighty. They expect it to rescue the economy, earn money for its government and control inflation, etc. Actually, it is capable of nothing.
... Leer más
IPO: Untold

de Hak Choi ...

Series Libro 6 - Profit Economics Series
IPO is the dream of many entrepreneurs, for that way they can cash in their effort, or obtain more money to run or expand their business. Seeing the listed price jumps higher, some stockholders feel happy for the increased wealth. The fact is, their wealth has been eroded. This volume shows how company management scams money with IPO. ... Leer más

$2.43 USD o gratis con Kobo Plus

IPO is the dream of many entrepreneurs, for that way they can cash in their effort, or obtain more money to run or expand their business. Seeing the listed price jumps higher, some stockholders feel happy for the increased wealth. The fact is, their wealth has been eroded. This volume shows how company management scams money with IPO.
... Leer más

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Profit Economics Series

Profitable Economics

Hak Choi Academy

Profit Economics

Re-explaining Ohlin

3D Economics

Disproving Pareto’s Contract Curve Geometrically

Disproving Pareto’s Contract Curve Mathematically

Disproving Karl Marx’s Interest Rate Theory

Business Cycle: Untold

The Extra Profit Paradox

Toward a General Theory of Monopoly

Foundation for Economic Analysis

Road or Traffic

Central Bank: Untold

IPO: Untold

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Profitable Economics

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