…and price. This means that more capital implies more employment and the same capital employment ratio. Because of the excess supply of labor, output is proportional to capital. First assume…

…would have reduced labor’s disadvantage against capital. So, I would say… definitely yes. A rule for a target Fed rate should include capacity utilization or another measure of capital utilization….

I track an estimation of consumption by capital income through the NIPA numbers and labor’s income share. Changes in this estimation give insights into how well capital income is doing….

Periodically I present updated information about consumption from capital and labor income. Using the NIPA accounts and labor share, I can separate consumption by capital and labor. Total consumption is…

…refrains from accumulating foreign assets during the episodes of large capital inflows, as well as during periods of abundant international liquidity. The capital inflows also raise the probability of a…

…The standard interpretation of “r” is that it refers to the ratio of total capital income to total capital. A lot of this r is not called interest at all…

…disproportion between the need for circulating capital and the need for fixed capital, “when sometimes too little, then again too much-circulating capital is transformed into fixed capital.” And there you…

…various types of venture capital “models” (as Yglesias calls them), conceding that, yes, that may really be more relevant to the key issues in the campaign than Obama’s earlier relationship…

We keep hearing from the conservatives-libertarian that we need lower taxes on capital gains and dividends to encourage capital spending or investments. But when I look at the record of…

…the right inventory at the right time cuts cost. One last item, Labor Input Adds Value. Sunday thought: It’s Still Capital vs. Labor, Stupid Robert Reich But the gap continues…