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Reisman’s Net Consumption, Net Investment Theory of Aggregate Profit: Exposition and Comparison to Mises and Rothbard

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Reisman’s Net Consumption, Net Investment Theory of Aggregate Profit: Exposition and Comparison to Mises and Rothbard
Author(s)Kirkpatrick, Jerry
AbstractThis paper presents a comparison of exponential rates of growth in America, Europe, Africa and Asia-Pacific during the 20th century, and analyses the main causes that explain the important differences in Gross Domestic Product by inhabitant among these large areas. The paper emphasizes the convenience of fostering international cooperation, from now onwards, in order to increase expenditure by inhabitant on education in the poorer countries, as this condition is really needed for achieving a path of sustained economic development and for reaching success in an effective fight against poverty.
IssueNo3
Pages627-646
ArticleAccess to Article
SourceAmerican Journal of Economics and Sociology
VolumeNo63
PubDateJuly2004
ISBN_ISSN0002-9246


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