Macroeconomics, Second Edition, Volume I, 2nd Edition

Index

After-tax wage rate, 143

Alternative views, saving, 70–71

Blinder, Alan S., 7, 8

Brooks, Arthur C., 17

Capital income taxes, 144–146

Capital in the Twenty-First Century (Piketty), 13, 127

Capital-to-labor ratio, 116–120

Central contradiction, 128–131

Chain-weight method, 22

Cobb-Douglas production function, 110–111

Consumption-saving choice, 52–57

Consumption smoothing, 87

Corporate income tax, 12, 147–152

Disposable personal income, 28–30

Easterly, William, 113

Economic growth

capital-to-labor ratio, 116–120

Gordon’s decline of growth, 123–125

laws of capitalism, 127–132

secular stagnation, 125–127

spur growth, 120–123

“The Economy Needs More Spending Now” (Blinder), 7

The Elusive Quest for Economic Growth (Easterly), 113

Fair taxers, ...