…be increasing its income. The problem is that capital income obtained a high level of consumption after the recovery. And capital income tends to reduce spending toward the end of…

…al., I use a measure labeled “Comprehensive Income” that includes accrued, marked-to-market capital gains. I go a step further, however, and propose another measure based on that, a residual of…

…things such as eliminating the preferential capital gain rate (that benefits the wealthy who own the vast majority of the capital assets) eliminating the section 1031 “like kind exchange” rules…

…the reinstatement of the preferential capital gains rate within 2 years of the 1986 tax reform’s well-considered removal of the preference, or the reinstatement of the absurd R&D credit when…

…understanding what I am typing about. Very briefly the question is: what effect would cutting the tax on profits have on the _US capital stock ? The particular issue is…

…lowered the chances of a repetition. Banks have deleveraged and possess larger capital bases. The replacement of debt by equity financing should provide a more stable source of finance. Indicators…

…one minus the natural rate of unemployment (which must be estimated). Potential capital in use is just the estimated capital stock estimated using data on investment and assumptions abut depreciation….

…of “market capitalism” but is an unintended consequence of managed capital. One could call it “inflation” if that term hadn’t already been thoroughly colonized by the apologists for capital. “Inflation…

…not to provide for consumption? But that misses the point of production under capital, which is to accumulate surplus value. Marx outlined two ways Dilke identified for capital to overcome…

…of products therefore already contains in embryo the whole capitalist form of production, the antagonism between capitalists and wage-workers, the industrial reserve army, crises.  Engels’s statement is the only time in…