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Roger Nusbaum

  http://randomroger.blogspot.com/
 

Latest Articles

The Best First Day Ever?
March 19, 2010, 7:32 am
by Random Roger's Big Picture - Roger Nusbaum


Thursday Tidbits--Special March Madness Edition
March 18, 2010, 7:22 am
by Random Roger's Big Picture - Roger Nusbaum


Live Stream of Retirement Panel at 2pm EDT If it works
March 17, 2010, 12:30 pm
by Random Roger's Big Picture - Roger Nusbaum


Conversation We Cannot Hear
March 17, 2010, 7:25 am
by Random Roger's Big Picture - Roger Nusbaum


Retirement Investing: What To Do in a Near Zero-Rate Environment?
March 16, 2010, 2:15 pm
by Random Roger's Big Picture - Roger Nusbaum


China Has A Low Correlation?
March 16, 2010, 7:14 am
by Random Roger's Big Picture - Roger Nusbaum

 

 
 
 
 
 
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Random Market Definition

Physical Capital
In general physical capital refers to any non~human asset made by humans and then used in production. Often, it refers to economic capital in some ambiguous combination of infrastructural capital and natural capital. As these are combined in process~specific and firm~specific ways that neoclassical macro~economics does not differentiate at its level of analysis, it is common to refer only to physical vs. human capital and seek so~called balanced growth that develops both in tandem.

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