This paper postulates the existence of a growth imperative in capitalist economies. The argument is based on a simple circular flow model of a pure credit economy, where production takes time. In this ...

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.

Eastman 2021 Innovation Day Highlights Innovation-Driven Growth Model, Circular Economy, and Strong Cash Flow as Drivers of Growth ...