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The Production Structure and the Social Economy
In Chapter 11 of Foundations of Economics, Shawn Ritenour makes the transition from what is often called “microeconomics” to what is often called “macroeconomics,” where the discussion centers on “big stuff” like business cycles, inflation, and unemployment. He disapproves of this … Continue reading
Posted in Books, Economics
Tagged capital, Foundations of Economics, GDP, interest, profit, rent, Shawn Ritenour, stock, structure of production
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