Which economies create the most value?
To make fair comparisons between capitalist economies, it's important to take non-listed firms into account....
Author
Felix Reitz
Felix Reitz is a PhD candidate in international affairs and political economy at the University of St Gallen, Switzerland, and holds a Master’s in international political economy from the London School of Economics and Political Science. Reitz focuses on fiscal policy, international taxation, and corporate strategy under uncertainty.
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It’s time for a new measure to assess capitalism
Traditional accounting measures often obscure the underlying health of firms and capitalist economies by ignoring the opportunity cost of capital and the potential value from R&D investment. Here we explain why these...