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" ... economic development as read from the facts of economic history in the advanced nations do not tally with Ricardian predictions (22, pp. 740-741). For instance, population has grown, but much more slowly than capital stock, resulting in a deepening... "
The White House Conference on Balanced National Growth & Economic ... - Stranica 503
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David Ricardo: Critical Assessments, Opseg 3

John Cunningham Wood - 1991 - Broj stranica: 688
...than capital stock, resulting in a deepening of capital; real wages have shown a strong upward trend; the share of wages and salaries relative to the property has shown considerable constancy in the long-run; the rate of interest or profit has not shown any downward trend; what is actually observed...
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