Free Cash, Capital Accumulation and InequalityAuthor :
Paperback
Published : Tuesday 30 June 2020
Description
Over 70 years ago, Michal Kalecki noted that firms could generate free cash. However, literature since then has remained within an industrial organizational context where free cash theory helps explain mergers. In contrast, this book views free cash at the macro and global level, exploring the various causes and effects of free cash on the econo
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