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 ...

With “Doughnut Economics,” Kate Raworth looks instead at planetary well-being. By Keridwen Cornelius This article is part of a Women and Leadership special report highlighting the work by women around ...

KINGSPORT, Tenn.--(BUSINESS WIRE)--Today Eastman Chemical Company (NYSE:EMN) hosted its virtual and in-person 2021 Innovation Day. During the meeting, members of Eastman’s executive management team ...

It’s hard not to notice that we all have quite a bit on our agendas; lots of things competing for our time and attention, and too many things that are likely to leave us feeling overwhelmed, ...

Following an initial customer confirmation request with no response, a first-year auditor mails a second and third request, all under the supervision of the auditor-in-charge assigned to the account.

As Amsterdam plans for its post-coronavirus recovery, it’s also rethinking what economic success looks like. In doing so, it’s not looking at traditional financial metrics of how to determine when the ...