…only applies to wages and not capital. Either Retirement Security is a societal imperative, in which case capital should have a say, but also a bill, or it really is…

…to cut taxes and boost spending. “[H]alf of a capital tax cut is self-financing” implies that Mankiw-Weinzerl’s results are relevant to the capital tax cut bill moving through the system…

…the cost of capital for discrete projects because the WACC for an entire company “blends together all the projects a company may undertake,” while the cost of capital for any…

…reasons, people seek capital gains rather than ordinary income. The proceeds show up in savings and consumption but not in GDP, distorting the ratios. Maybe Malpass has forgot to read…

…the U.S. imported about $1.5 trillion more in capital than Americans exported. This in-migration of capital led to a boom in new factories, plant expansions, technology centers, and industrial output…The…

…the way of prosperity–the preference for capital over labor, the extensive provisions incentivizing consolidation of business empires, the provisions favoring private equity enterprises that eat up and spit out workers…

…make long-term investments in human capital, physical capital, and R&D.” One problem with Neoclassical economics of which Greg Mankiw follows… “NE (Neoclassical economics) typically brings externalities into the analysis as…

This post continues the exploration into the Cobra equation, which measures the profitability of utilizing labor and capital as a function of labor share. Now it looks as though the…

…are broadly identified as the Current Account and the Capital and Financial Account. The Current Account involves trade of goods, services, incomes and unilateral transfers (like gifts). The Capital and…

…production.” “What is more, by exporting excess savings, the country is providing the funding to foreigners to purchase its excess production. This is why the current account and the capital…