A Theory of Accumulation and Secular Stagnation
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 stagna...
Clasificación: | Libro Electrónico |
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Autor principal: | |
Autor Corporativo: | |
Formato: | Electrónico eBook |
Idioma: | Inglés |
Publicado: |
New York :
Palgrave Macmillan US : Imprint: Palgrave Pivot,
2016.
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Edición: | 1st ed. 2016. |
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Acceso en línea: | Texto Completo |