…free? 6. Investment means “gross investment” — all the money spent on long-lived goods, including replacement of long-lived assets that have been consumed in the period (through use, decay, and…

…if government spending is investment in productive public capital when private investment is stuck at the irreversible investment zero lower bound. I went on to vaguely argue that the multiplier…

…components of fixed investment: [graphs] Depressed business animal spirits do not jump out at me. Private nonresidential fixed investment spending is above its average share of GDP since 1950. It…

I have often wondered whether the very low level of Private Residential Investment (also known as building houses) in the USA is due to unusually low expectations of long term…

…investment is treated as non residential fixed capital investment. Investment of all sorts will be discussed under the heading of “too hard problems”. In NK DSGE models, government consumption plus…

…embarrassingly simple, since foreigners require a return on their investment, attracting it does not cause national income to increase as much as gross national product. With foreign direct investment, more…

…investment, especially residential investment. Even though private investment usually only accounts for around 15% of GDP, the swings for private investment are significantly larger than for PCE during the business…

…values. This counters the idea that business investment increases when the tax burden decreases. Moreover, this decline in business investment suggests that by retaining more and more of their earnings,…

…high cost of American health care. I begin by explaining the origin and meaning of the “single payer” label. I will then describe the two defects in S 1129 in…

…protects the public from food-borne illnesses. It issues nutritional advice and drug labeling guidelines. It polices false medical claims on packaging and in advertisements. It safeguards about one in every…