Population Growth and Investment Opportunity

A. R. Sweezy

The Quarterly Journal of Economics, 1940, vol. 55, issue 1, 64-79

Abstract: Revival of interest in the question of long-run investment opportunity, 64. — Doubts concerning population growth as an "offsetting factor," 65. — Ways in which it might influence investment opportunity: (1) the propensity to consume, 66; (2) the composition of aggregate consumer demand, 66; (3) the supply of labor, 70; influence of competitive conditions, 72; effect of wage reductions, 73; the expanding economy, 74; labor supply a limiting rather than an initiating factor, 75; (4) broader phenomena affecting investment, 77.

Date: 1940
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