…D_t and the capital K_t from the old. The old get capital income and also sell their bonds and capital to the young. They consume all of that so C_t^o…

…befuddle the message. Capital doesn’t receive income; the owners of capital do. If I had my way, capital would always mean long-lived, real-world stuff that humans produced. It’s a pretty…

…capital inflows — that is, inflows of funds from residents of other nations who are investing in your country – have led in some cases to persistent trade deficits. This…

…competition (preferred if possible) or through taxation and redistribution. Following are the tax rates on Capital v. Labor: Labor Tax Bracket Capital Gains, Short Term Capital Gains, Long Term 10%…

…that while changes in inventories are often themselves negative, if not now, we basically never see negative private capital formation, with the exception maybe of massive destruction of capital stock…

…of rotting lumber; you’ve consumed its value by living in it. This is accounted for in the national accounts as Consumption of Fixed Capital (CFC).* (Fixed capital is broken down…

Yves Smith at Naked Capitalism offers wise words regarding trade policy agreements and capital flows, in addition to pointing us toward a letter signed by several hundreds of economists regarding…

…exposed to MBS risk and initially equally close to the capital requirement. In the real world different entities have different capital requirements. In particular capital requirements for investment banks (set…

…Michael Pettis explains, they must have enough social capital in order to absorb all that capital investment. Social capital refers to the institutions of business and society, as well as…

…wealth will accumulate in the hands of capitalists. When r is less than g, capital wealth falls and labor’s wealth rises through increased return to labor. He then says that…