Titlebook: Capital Returns; Investing Through th Edward Chancellor Book 2016 The Editor(s) (if applicable) and The Author(s) 2016 Economists.policymak

低能兒

In-Situ

協(xié)迫

BINGE

The Living Deadnstantly evolving economy and spur improvements in productivity. From this perspective, an economic recession serves a useful function as — to use a rather hackneyed image — the forest fire burns away the dead wood and weaker trees, allowing healthy young plants to grow and prosper.

llibretto

魔鬼在游行

offense

https://doi.org/10.1007/978-3-662-60647-6d; over time, then, profitability recovers. From the perspective of the wider economy, this cycle resembles Schumpeter’s process of “creative destruction” — as the function of the bust, which follows the boom, is to clear away the misallocation of capital that has occurred during the upswing.

凹室

行為

audiologist

Capital Cycle Revolution for instance, there has been an epic burst of capital spending in the field of resource extraction. Four of the articles presented below highlight the dangers posed to shareholders over the last decade by ever rising levels of investment in the mining and the oil and gas sectors.