Has the economics profession been lying about economic growth for 60 years? When do they ever talk about NET DOMESTIC PRODUCT? They subtract the depreciation of Capital Goods but ignore the depreciation of Durable Consumer Goods. So if those goods are not so durable then the depreciation on the Demand Side is very large but totally ignored.
Has the economics profession been lying about economic growth for 60 years? When do they ever talk about NET DOMESTIC PRODUCT? They subtract the depreciation of Capital Goods but ignore the depreciation of Durable Consumer Goods. So if those goods are not so durable then the depreciation on the Demand Side is very large but totally ignored.
toxicdrums(dot)com/economic-wargames-by-dal-timgar(dot)html
psikeyhackr 6 months ago
only 187 views!
this is the (only?) thing EVERYBODY should care about.
Rrang4 11 months ago