invigorating 发表于 2025-3-21 19:25:22
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Savings and Investment, from the Price Mechanism to the Multiplieral wage equals the marginal product). This system can be developed into a simple growth model, based on the “Golden Rule” that the rate of profit equals the rate of growth, replacing the misguided Solow model.安心地散步 发表于 2025-3-22 05:04:10
Growth and Rents in the Real Economyterm rate of interest, usually very close to the rate of growth. The formula derived here allows for growth to drive rents strongly or weakly, and for the growth rate to differ from the interest rate; but it nevertheless shows that George’s insight was well founded.谆谆教诲 发表于 2025-3-22 09:41:17
Growth and Inequality in the Financial Systemss) capital. These points can be put together into a simple model, which shows that the working of the financial system will steadily lead to greater and greater inequality. This will interact with the real side of the economy—the next chapter.佛刊 发表于 2025-3-22 14:51:27
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Conclusionsiously reorganized and reduced in size and importance. With taxes falling chiefly on rents and financial earnings, government spending should be used to manage aggregate demand and support innovation. These policy changes could break the link between Progress and Poverty.一加就喷出 发表于 2025-3-23 00:27:28
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