Does Upward Redistribution Cause Secular Stagnation?
…story: • Total wealth grows in every scenario. (It’s a model of a growing economy.) • Every individual’s wealth increases in almost every redistribution scenario. Rich and poor alike. •…
…story: • Total wealth grows in every scenario. (It’s a model of a growing economy.) • Every individual’s wealth increases in almost every redistribution scenario. Rich and poor alike. •…
…a simple projection of Social Security total Cost in current (non-inflation adjusted) dollars over the standard 75 year actuarial period. And not surprisingly that total goes up year over year…
…of profit rates. Profit rate = (Productivity – Real compensation) * Total labor hours/Capital stock Modified Profit rate = Capital share of income * Total labor hours/Capital stock The difference…
…million or more. Just 582 large companies account for 67% of the $68 billion total. All six of the billion-recipients are in the energy sector: Spanish company Iberdrola tops the…
…less universal assent,” as Hutt claimed. But even if it did, Hutt’s stress on maximizing a total, regardless of distribution of that total between wages and profits, is peculiar. Why…
…the net migration figure for 1962 is the sum total net migration for the years 1958 through 1962. Similarly, the net migration figure for 1967 is the total for the…
…and multiplied it by the 20 years that person could expect to live in retirement, for a total of 668600 dollars. Now, if the benefits are cut by 22% that…
This essay is excellent. Just click the link. Kai Stinchcombe argues “blockchain is a … technology, not a metaphor” here’s what blockchain-the-technology is: “Let’s create a very long sequence of…
…The total US population remains under total lockdown has declined substantially due mainly to the renegade States in the Confederacy. The number of daily new infections, adjusted for testing, appears…
…oil-pricing agencies Platts and Argus, the U.S. Energy Information Administration (EIA), the oil consultancy Cambridge Energy Research Associates (CERA) and the industry newsletter Petroleum Intelligence Weekly, as a means of…