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Tag: ERE

12 items with this tag.

Jul 12, 2025
13-5a2 Higher stage production processes will benefit both nominally and in real terms, after the effect of saving plays out, in the evenly rotating economy going through progressing phase
- ERE
Jul 10, 2025
13-1a3a5 The concept of an equilibrium price presupposes a world without further subjective re-evaluations or change
- ERE
Jul 10, 2025
13-5b2e There is no substantial difference between debt and equity, at least in the evenly rotating economy
- ERE
- revisit
Jul 08, 2025
13–5b2i The rate of interest will be uniform in the evenly rotating economy only when everyone becomes the same—i.e., when all individuals have identical time-preference schedules, expectations, and subjective valuations
- revisit
- ERE
Jul 07, 2025
13-3a0 The evenly rotating economy (ERE) disregards knowledge creation
- ERE
Jul 06, 2025
13-5b2b Because of money, the rate of return will tend to be uniform throughout the length and breadth of the production structure
- revisit
- ERE
Jul 06, 2025
13-5b2c There is no time inconsistency in the evenly rotating economy (ERE)
Jul 06, 2025
13-5b2d Production processes in the evenly rotating economy are interchangeable, hence the analysis becomes scale-independent and substrate-independent
- ERE
- revisit
Jul 06, 2025
13-5d2 Interest is not the reward of capital goods per se—it is derived from the generalized investment of time
- revisit
- ERE
Jul 04, 2025
13-1a3a4b The long run of the evenly rotating economy (ERE) is not real at all, but a very useful theoretical construct that enables the economist to point out the direction in which the market is moving at any given time
- ERE
- revisit
Jul 04, 2025
13-1a3a4 The equilibrium price cannot be realized, except in the evenly rotating economy (ERE)
- ERE
Jul 04, 2025
13-5g1 The ERE (evenly rotating economy) is not the condition but the effect of thought experiment
- revisit
- ERE

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