The circular-flow approach is decidedly Neoclassical, and suffers from many problems which traditional Austrians would notice. The circular-flow diagram’s greatest problem is, in fact, its circularity ...

We think of it as Economics in One Video. It’s time to end the reign of the Circular Flow Diagram and put the Austrian perspective into everyone’s heads – not just academics or college grads, but ...

Leakage is an economic term that describes capital or income that escapes an economy or system in the context of a circular flow of income model. It results in a gap between supply and demand.

This paper is on interfirm transaction network, hierarchical structure, circular flow, Helmholtz-Hodge decomposition, and community detection. In order to make public as quickly as possible the ...