…productive than private capital. I will not discuss this possibility. Second government spending can make us poorer. It will make us poorer if it is wasted or if government investment…

…economy so I have one topic left — investment. In the original IS-LM model, investment depended on GNP and the real interest rate. In the data it is well fit…

…pay down20debts or invest. Or they put it into the bank, who in turn lends it to others to spend. Therefore, savings circulate through the investment side of the economy,…

…include investment so it doesn’t have feature that the loose fiscal and tight monetary policy gives full employment with excessive consumption and insufficient investment. Basically, I think the issue is…

…year of 4%. Earlier this week the bank accepted a $25bn investment by the US government as part of its bail-out plan. At Goldman Sachs the figure was $11.4bn, Morgan…

…the 1990’s, removed the Glass-Steagall Act’s restrictions on mixing commercial and investment banking. In the days of fixed commissions, investment banks could make a comfortable living booking stock trades. Deregulation…

…by robertdfeinman. More below the fold. Still another example of non-adiabatic economics has to do with under investment by a firm. Classical theory says a firm should plan to expand…

…You did catch the reference to “labor”. These breakouts of wealth suggest that there is a bottom limit to taxation as taxation reflects our investment in us. In the study,…

…of India to the big boys – to folks with the investment money. I have spent almost 15 years doing consulting now but the money frankly is chicken feed. The…

On Friday, the BEA reported GDP (advance) for the third quarter 2005. The BEA reported that Residential Investment was still robust at an annual rate of $761.5 Billion or 6.05%…