Welcome to Bookmarker!

This is a personal project by @dellsystem. I built this to help me retain information from the books I'm reading.

Source code on GitHub (MIT license).

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Showing results by Ryan Avent only

(aka Baumol's cost disease) rise of salaries in jobs that have experienced no increase of labor productivity, in response to rising salaries in other jobs that have experienced the labor productivity growth

where the capital per worker is increasing in the economy (differs from capital widening, as the latter sees capital increase while the labour force also increases so capital per worker is constant)

an economic law stating that supply creates its own demand (named after eighteenth-century French economist Jean-Baptiste Say)

a condition of negligible or no economic growth in a market-based economy ("secular" as in "long-term", in contrast to "cyclical" or "short-term")

assistance and support in times of hardship and distress

Showing results by Ryan Avent only