…Smith’s “terminological inexactitude.” Smith’s concept of capital viewed the capital of a nation as merely an aggregate of individual capitals. The difference, Amery explained, was that an individual’s capital “is…

…shameless, and consequently impossible.” Instead, it makes the holders of this fictitious capital “particeps criminis” in a stratagem to exact a much-enlarged revenue. As partner in crime, the capitalist lays…

…account liberalization in their 2020 article, “Does Capital Account Liberalization Affect Income Inequality?” in the Oxford Bulletin of Economics and Statistics. They used several measures of capital account openness, and both…

…wealth on a capitalist basis, this surplus population becomes, conversely, the lever of capitalistic accumulation, nay, a condition of existence of the capitalist mode of production. It forms a disposable industrial…

…external to capital flow recipients and domestic “pull” factors on capital flows to 51 emerging markets. They use quantile analysis, which allows them to investigate the effect of the independent…

by Linda Beale crossposted with Ataxingmatter Dealing with the Sunset of the Bush Tax Cuts (Part III in a series)–considering the ill-advisedness of favoring capital income During the Bush administration…

…25-30 per cent a year. Emerging market stock markets boomed, nearly doubling their share of world capitalization between 1990 and 1993. Proponents of capital liberalization justified these inflows on the…

…not capital. Mortgage-ravaged banks and Wall Street firms often have to borrow from the Federal Reserve, as lender of last resort, to meet current bills. They have no problem at…

…Capital funds were liable because the funds were engaged in the trade or business of operating Scott. Sun Capital argued the opposite, saying that it was merely a passive investor….

…public capital is one tenth as efficient as private capital. Of course realistically, public capital complements private capital which is another way in which G stimulates I. I think it…