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In some research, investment is modeled as an increasing function of the gap between the optimal capital stock and the current capital stock. Here the optimal capital stock is modeled as that which maximizes profit.
Jun 28, 2023 · Harry Markowitz, Nobel economist who changed investing, dies at 95. Dr. Markowitz’s groundbreaking work on diversified investment strategies helped open the era of mutual funds and money...
Apr 5, 2021 · Robert A. Mundell, a Father of the Euro and Reaganomics, Dies at 88. His insights on global finance earned him a Nobel, while his more iconoclastic theories fostered the adoption of a single ...
Jan 16, 2019 · John C. Bogle, who founded the Vanguard Group of Investment Companies in 1974 and built it into a giant mutual fund company, with $4.9 trillion in assets under management today, died on Wednesday...
Dec 14, 2009 · Paul A. Samuelson, the first American Nobel laureate in economics and the foremost academic economist of the 20th century, died Sunday at his home in Belmont, Mass. He was 94.
John Maynard Keynes, 1st Baron Keynes, [3] CB, FBA ( / keɪnz / KAYNZ; 5 June 1883 – 21 April 1946), was an English economist and philosopher whose ideas fundamentally changed the theory and practice of macroeconomics and the economic policies of governments.
v. t. e. Economics ( / ˌɛkəˈnɒmɪks, ˌiːkə -/) [1] [2] is a social science that studies the production, distribution, and consumption of goods and services. [3] [4] Economics focuses on the behaviour and interactions of economic agents and how economies work.
