Eastman 2021 Innovation Day Highlights Innovation-Driven Growth Model, Circular Economy, and Strong Cash Flow as Drivers of Growth Expect 8%-12% adjusted EPS growth 2021-2024 ...

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.

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 ...