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input of nurture and schooling, and then depreciates gradually to zero just as
document IMAGES-001-HOUSE_OVERSIGHT_010952.txt House Oversight Committee — Epstein Estate Records (Nov 2025)

…ess human depreciation”. | call this the “Y rule”. Upending the Y =! + C equation is big news. Macroeconomics and the national accounts are founded on it. That’s one reason, although not the main one, why | think that macroeconomics should start over. It doesn’t follow that nat...

Compared to 10 Years Ago, USA is Losing Competitiveness
document IMAGES-006-HOUSE_OVERSIGHT_021037.txt House Oversight Committee — Epstein Estate Records (Nov 2025)

…lents, total healthcare spending and cost-adjusted labor productivity) and deteriorated on 20 (including trade surplus, national spending on R&D, industrial production, corporate tax rate, business environment, FDI, tax incentives for R&D, number of patent applications, availabil...