Demand Drives Growth All The Way

October 1, 2017
Demand Drives Growth All The Way Koji Yamada

How does effective demand, productivity growth, income, and wealth distributions influence and constrain the economy? 

Authors use simulations to project the long-run growth rate at 2% per year and that the capitalist share of wealth may rise from about 40% to 70% percent.

Authors: Lance Taylor, Duncan K. Foley, and Armon Rezai
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SCEPA works to focus the public economics debate on the role government can and should play in the real productive economy - that of business, management, and labor - to raise living standards, create economic security, and attain full employment.