The rate of profit is one of the most important macro metrics in classical economics and is key to understanding the health of a capitalist economy. When the rate of profit is falling the business cycle is entering its late phase. While it is rising the economy is relatively healthy. It is also empirically established to have a
Rate of Profit and the Business Cycle
Rate of Profit and the Business Cycle
Rate of Profit and the Business Cycle
The rate of profit is one of the most important macro metrics in classical economics and is key to understanding the health of a capitalist economy. When the rate of profit is falling the business cycle is entering its late phase. While it is rising the economy is relatively healthy. It is also empirically established to have a