The Capitalist Professor with George Reisman, Ph.D. - Free College Courses on Capitalism

Capitalism Macroeconomics Lecture 9

Capital accumulation and its causes. The role of saving. The role of technological progress and the productivity of capital goods. The role of economic freedom. Critique of the secular-stagnation doctrine. National income and consumption.

READINGS

  • Reisman: review of 622–642
  • Optional: Samuelson, pp. 326–333.