It's not really a model, it's accounting. The reason it holds up well is because... | Hacker News

Hacker Newsnew | past | comments | ask | show | jobs | submit

		hgomersall on Oct 30, 2022 \| parent \| context \| favorite \| on: The coming long-run slowdown in corporate profit g... It's not really a model, it's accounting. The reason it holds up well is because it's an identity. If you represent all the flows they must sum to zero by definition. Those that ignore that (most people) miss some fundamental truths, which you allude to. No idea why you should be voted down other than to think those truths break much cherished dogma.

mellavora on Oct 30, 2022 [–]

well, downvotes for challenging dogma with mathematical identities is a long-standing tradition. I'll take them with pride on this issue.

But thanks for the support, and for pointing out that I'm only stating identities, and that sometimes trends reverse.

Guidelines | FAQ | Lists | API | Security | Legal | Apply to YC | Contact