Capital Formation in US Firms
Brenner suggested on these pages that US capital formation has slowed drastically. Is that true? In trying to answer that question, I found the god of modern economics. More precisely, I figured a way to nail down the correct metric for capital formation and that allowed me to measure residual productivity growth; the great unexplained of modern economi…
Keep reading with a 7-day free trial
Subscribe to Policy Tensor to keep reading this post and get 7 days of free access to the full post archives.