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I'm not being obtuse at all.

savings investment identity is a concept in National Income Accounting

"National income accounting" is what it is, a model to estimate GNP/GDP.

Diversity is the key to economic and political evolution.

by Cat on Wed Jun 9th, 2010 at 07:14:32 PM EST
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It is, indeed, "accounting", though not in the sense of "accounting" as in "GAAP".

By laying out pros and cons we risk inducing people to join the debate, and losing control of a process that only we fully understand. - Alan Greenspan
by Carrie (migeru at eurotrib dot com) on Thu Jun 10th, 2010 at 04:23:31 AM EST
[ Parent ]


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