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Month: September 2012

Corporate profits

Corporate profits and aggregate demand

I’ve heard Tyler Cowen allude to it before and Eli Dourado makes it’s explicit My first proof [that the short run is over] is business profits. They are at an all-time high, about two and a half times higher in nominal terms than they were in the late 1990s, our last real boom… If you […]

Posted on September 28, 2012March 7, 2022 Author James R. Day Comments Off on Corporate profits and aggregate demand

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