In the study of economics, one learns the circular flow of the economy between firms and households. This post, however, presents another circular flow model based on capital and labor. (It is a ...

The American Economist, Vol. 64, No. 1 (March 2019), pp. 45-59 (15 pages) Closed-system circular flow models have been ubiquitous in economics for at least half a century. Because these models account ...

This paper postulates the existence of a growth imperative in capitalist economies. The argument is based on a simple circular flow model of a pure credit economy, where production takes time. In this ...

J.B. Maverick is an active trader, commodity futures broker, and stock market analyst 17+ years of experience, in addition to 10+ years of experience as a finance writer and book editor. Somer G.

Sand in an hourglass might seem simple and straightforward, but such granular materials are actually tricky to model. From far away, flowing sand resembles a liquid, streaming down the center of an ...

Exponential growth of PV installations continues in the US and so will the growth in PV panel waste streams. According to the Solar Futures Study conducted by the National Renewable Energy Lab (NREL), ...