This post continues the exploration into the Cobra equation, which measures the profitability of utilizing labor and capital as a function of labor share. Now it looks as though the…

…are broadly identified as the Current Account and the Capital and Financial Account. The Current Account involves trade of goods, services, incomes and unilateral transfers (like gifts). The Capital and…

…production.” “What is more, by exporting excess savings, the country is providing the funding to foreigners to purchase its excess production. This is why the current account and the capital…

…The cause of that decline is the steady drop in labor share (effective demand). However, business now sees the way to generate growth is through capital utilization, even though capital…

…in capital income. Deflation around labor income is separate story. Capital income and labor income used to be in the same story, but now they have been disconnected from the…

…that must be just fine because “that is the way it has always been, right?” As it was I advocated raising the income cap on fica and taxing capital gains…

…capital. These low interest rates do not reflect financial repression. Then as more labor and capital are employed, nominal interest rates should rise gradually up the slope to the stabilization…

…simply add up simple units of “capital.” As Robinson argued, there is no such thing as “leets,” an inherent element of each capital good that can be added up independent…

…new controls on capital outflows. They report that currency depreciations and reserve sales will provide support for GDP growth, while increases in interest rates and or imposing capital controls do…

…within a Capitalist system. I am now considering if the Capitalist system can continue to function to the betterment of society and its people in a world where there will…