…this measure: “capital formation.” Investment refers to the spending that causes production of long-lived goods, while capital formation gestures at the goods production itself. They’re numerically equivalent, but conceptually distinct….

…is that Solamere’s private equity partners are eager to influence the federal government. Three of the firms listed in the Solamere prospectus–Sun Capital Partners, TPG Capital and TA Associates–are currently…

…have said nothing about actual movements of capital. Simply the ability to move capital strengthens capital owners in their negotiations with business and labor, because it makes the threat of…

…and off of short-term capital, and place it instead on long-term capital accumulations. If this reduces the investment in fixed capital that is desired for other reasons — in particular,…

…“However the major result of the paper is that it is not `raw’ energy (exergy) as an input, but exergy converted to useful (physical) work that – along with capital…

…(GDI) of the firms equals the in-coming (GDP) at the bottom. Thus, the circular flow is in equilibrium. Then we see that the GDI is split into labor and capital…

…the country’s real assets were financialized/monetized/capitalized over the decades shown. (Think: student loans monetizing/present-value-capitalizing those student’s human capital and future earnings.) But if we’re just surmising, we can say it’s…

…to consume by capital income? Well, for every dollar of capital income, roughly 18% is being spent on consumption. (15% effective tax rate, 67% savings rate) What is the propensity…

…society. The specific type of society Marx had in mind was, of course, capitalism. The exercise of searching for terminology that wasn’t there focused my attention on passages that otherwise might…

…countries have allowed free movement of capital in or out and also allowed the values of their currencies to fluctuate. They haven’t had much choice. When capital is free to…