Daniel Aronoff: 2 books
A Theory of Accumulation and Secular Stagnation
A Malthusian Approach to Understanding a Contemporary Malaise
Language: English
Release Date: December 9, 2015
Thomas Malthus identified a crucial tension at the heart of a market economy: While an accumulation of wealth is necessary to provide the capital investment needed to generate growth, too much accumulation will cause planned saving to exceed profitable investment, which will result in secular stagnation,...
by Daniel Aronoff
Language: English
Release Date: January 8, 2018
Language: English
Release Date: January 8, 2018
Thomas Malthus identified a crucial tension at the heart of a market economy: While an accumulation of wealth is necessary to provide the capital investment needed to generate growth, too much accumulation will cause planned saving to exceed profitable investment, which will result in secular stagnation,...