<p>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.</p>
<p>READINGS</p>
<ul>
 <li>Reisman: review of 622–642</li>
 <li>Optional: Samuelson, pp. 326–333.</li>
</ul>

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.

Capitalism Macroeconomics Lecture 9

George Reisman, Ph.D., is Pepperdine University Professor Emeritus of Economics, and the author of Capitalism: A Treatise on Economics.

The Capitalist Professor is a podcast featuring his university lectures on the economics of capitalism.

His website is www.capitalism.net. Follow him on Twitter @GGReisman. His blog is georgereismansblog.blogspot.com.

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George Reisman, Ph.D., is Pepperdine University Professor Emeritus of Economics, and the author of Capitalism: A Treatise on Economics. The Capitalist Professor is a podcast featuring his university lectures on the economics of capitalism. His website is www.capitalism.net. Follow him on Twitter @GGReisman. His blog is georgereismansblog.blogspot.com.

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Capitalism Macroeconomics Lecture 9

Capitalism Macroeconomics Lecture 9