Gerd WeyerAug 17, 20201 minIncreasing ProductivityThe opportunity to pursue happiness increases with time for leisure and the capacity to purchase goods and services. The only way to...
Gerd WeyerAug 10, 20201 minRelative IncomeIndividual capacity to purchase goods and services depends on per capita economic output and relative income from the sum of wages,...
Gerd WeyerAug 6, 20201 minLong Term vs Short Term Economic OutputIt is relatively easy to increase economic output in the short-term; borrow and spend more. Borrowing $100,000 and purchasing a...