napalm skies

I have always found the concept of being from Philadelphia to be interesting. Because, in actuality, I grew up in the suburbs. I don’t know Philadelphia as well as I probably should, given the fact that I spent virtually my entire existence within the confines of the Schuylkill River. And since I have left the […]

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consumption

“Household income is equal to investment plus consumption.” How cute. In terms of generating sustainable economic growth, the optimal allocation of capital and labor in an economy is almost always in investment given enough consumption to sustain population growth. However, it seems almost… wrong. What is the purpose of generating economic growth if we cannot […]

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