Capital and Interest Theory

Displaying 181 - 190 of 765
Mateusz Machaj

This paper argues that it may be misleading to search for a direct causal effect of interest rates on the length of production because another, related factor affects it more directly. We name this factor intertemporal labor intensity...

Frank Shostak

Krugman is confused as to why so much technological growth in recent years has not led to more economic growth. The answer lies in the fact that true technological change requires funding — and thus real savings — to be implemented.

Edward W. Fuller

This is a rejoinder to “The Marginal Efficiency of Capital: Comment” by Lucas M. Engelhardt. Engelhardt incorrectly ranks investment projects by Present Value instead of Net Present Value.

Lucas M. Engelhardt

This is a brief reply to “The Marginal Efficiency of Capital: Rejoinder.”

Mark Thornton

Not only are stock markets near all time highs, the amount of margin debt is also at all time highs. Margin debt is money borrowed to leverage the purchasing power of portfolios.