Re:The Rate of Return on Everything, 1870–2015 [pdf]
by ls612 on Sunday May 05, 2019 @10:15PM
(#19836347)
You would expect this to be true if returns to scale are concave after some point. Intuitively this makes sense, for anything, after a certain point more of it becomes bad. If production returns to capital are sub-linear at very large (macroeconomic) scales then it would be surprising to see g >= r for any long period of time.
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