weed[ing] out inefficient plant and equipment, creating a much newer
capital stock isn't disinvestment? (after all, cleaning out the dead wood
lowers the average age of the capital stock.) replacing 1/2 of all
manufacturing equipment in the US may not be disinvestment, but it's
probably not net
weed[ing] out inefficient plant and equipment, creating a much newer
capital stock isn't disinvestment? (after all, cleaning out the dead wood
lowers the average age of the capital stock.) replacing 1/2 of all
manufacturing equipment in the US may not be disinvestment, but it's
probably not net
I never got that idea. You were talking about deindustrialization in an earlier
post, which tends to be association with relocating production abroad. I only
said that that process was not that common during the 1930s, compared with
recent times.
Devine, James wrote:
I don't know where you
