> The author does a poor job explaining the macro-economic effects. You get a glimpse of the reasoning in the last few lines, where he states that the ratio of

> The author does a poor job explaining the macro-economic effects. You get a glimpse of the reasoning in the last few lines, where he states that the ratio of corporate profits over GDP doubled, from 6% to 12% of GDP from pre-80s to nowadays. That's the last few lines of the first of three pages. I made the same mistake at first.