…capitals introducing the same technology. “It is by no means within the power of capital to call into existence this natural premise for a greater productivity of labour in the…

…the ‘common good,’ the ‘general welfare,’ or the ‘general interest.’”  We can be less vague in describing the social goal of capitalist society: the accumulation of capital. Does that goal…

…workweek (black) with capital goods orders, both again YoY and first historically: The average manufacturing workweek is even more leading than capital goods orders, turning first, but is even more…

…capital. Capital is only the fruit of labor, and could never have existed if labor had not first existed. Labor is the superior of capital, and deserves much the higher…

The Federal Bailout That Saved Bain Capital & Mitt Romney Government documents prove the candidate’s mythology is just that by: Tim Dickinson Mitt Romney likes to say he won’t “apologize”…

According to an article in today’s New York Times, Bain Capital was asked to do so, but declined. Well, actually it was asked to help GM out, and declined. The…

…jargon here. To pay marginal cost to a supplier who has paid a fix cost of building specialized capital is called “to seize the quasi-rent produced by the capital.” I…

…hardly qualify on all grounds. He is against the estate tax and favors lowering rates of capital gains taxes, neither of which makes sense, from my perspective, in an economy…

Core capital goods orders, three month average of manufacturers’ new orders both make new all-time highs  – by New Deal democrat Before I update this morning’s personal income and spending data,…

Capital Gains: Realization Does Not Matter – by Steve Roth Wealth Economics You’re looking at your asset portfolio and decide to sell or buy some ETF shares. Click. The transaction…