| 书目名称 | Saving and Investment in the Twenty-First Century |
| 副标题 | The Great Divergence |
| 编辑 | Carl Christian von Weizsäcker,Hagen M. Krämer |
| 视频video | |
| 概述 | This book is open access, which means that you have free and unlimited access.Gives a wholly new perspective on macroeconomics.Dives into the economic fundamentals behind secular stagnation.Discusses |
| 图书封面 |  |
| 描述 | .The economy of the 21st century in the OECD countries and in China, is characterized by a new phenomenon: the structural surplus of private savings in relation to private investment. This is true even in a situation of prosperity and very low interest rates. On the one hand, this excess saving is due to people‘s increasing inclination to save in light of rising life expectancy, driven by the desire to have sufficient assets in old age. On the other hand, the demand for capital is not increasing to the same extent, so that investment is not keeping pace with the rising desire to save. The resulting gap between the private desire for wealth and private investment can only be closed by increasing public debt. . .This open access book offers a new, capital-theoretical perspective on the macroeconomic relationship between desired wealth and investment, and it presents new empirical data on private wealth and its composition in the OECD plus China area. The authors arguethat a free economic and social order can only be stabilized if the wealth aspirations of individuals are met under conditions of price stability. This is not possible without substantial net public debt. A new way of th |
| 出版日期 | Book‘‘‘‘‘‘‘‘ 2021 |
| 关键词 | Capital supply, capital demand; Public debt; Demography; Neo-Austrian capital theory; Economic policy; Ke |
| 版次 | 1 |
| doi | https://doi.org/10.1007/978-3-030-75031-2 |
| isbn_softcover | 978-3-030-75033-6 |
| isbn_ebook | 978-3-030-75031-2 |
| copyright | The Editor(s) (if applicable) and The Author(s) 2021 |
发表于 2025-3-21 19:34:01
