Free Cash, Capital Accumulation and Inequality

Discover the groundbreaking insights of Free Cash, Capital Accumulation and Inequality by Craig Allan Medlen, published by Taylor & Francis Ltd in 2018. This compelling hardback edition spans 178 pages and delves into the intricate relationship between free cash and economic dynamics.

Over 70 years ago, economist Michal Kalecki highlighted the concept of firms generating free cash. However, much of the existing literature has focused narrowly on industrial organization contexts, particularly in explaining mergers. In contrast, Medlen's book expands this theory to a macro and global perspective, examining the multifaceted causes and effects of free cash on the economy at large.

Whether you're a student of economics or a professional seeking to understand the implications of cash flow on income distribution and inequality, this book offers essential insights into how free cash influences capital accumulation and economic structures. Don’t miss the chance to enhance your knowledge with this vital resource!