esoltas

4 ms·

1. 1.▲
   by esoltas 12y ago

   Someone beat me to posting the Kauffman research... Also, the investment to GDP ratio is here, although a lot of the decline was housing: http://research.stlouisfed.org/fred2/graph/?g=14LZ .
2. 2.▲
   by esoltas 12y ago

   It's true that I'm talking about all different types of rents in the article. I've written about land rents and land taxes here, if you're interested: http://esoltas.blogspot.com/2012/06/on-land
3. 3.▲
   by esoltas 12y ago

   Yep, and I define it at the top of the most that way. Rent = profit in excess of opportunity cost of the production factor.
4. 4.▲
   by esoltas 12y ago

   Soltas (the author) here. What I meant by "rents are not always bad" is that "rent" is a positive (i.e., value-free) concept, not a normative (moral) one. "Rent" in economics merely implies that the profits are