Display:
That is production, you are right.

But production = consumption.

While we have data on "production capacity" and so can look at the supply "slack" (or lack thereof, at present) there's no equivalent data for "demand".

When the capital development of a country becomes a by-product of the activities of a casino, the job is likely to be ill-done. — John M. Keynes

by Migeru (migeru at eurotrib dot com) on Fri Jun 27th, 2008 at 09:32:27 AM EST
[ Parent ]
pretty much:



In the long run, we're all dead. John Maynard Keynes

by Jerome a Paris (etg@eurotrib.com) on Fri Jun 27th, 2008 at 09:46:02 AM EST
[ Parent ]
Pretty much, too...



When the capital development of a country becomes a by-product of the activities of a casino, the job is likely to be ill-done. — John M. Keynes

by Migeru (migeru at eurotrib dot com) on Fri Jun 27th, 2008 at 09:48:55 AM EST
[ Parent ]

Display:
Login
. Make a new account
. Reset password
Occasional Series