The Circular Flow Diagram has dominated economic thought for over a century. Yet, all along we’ve known its shortcomings: over-aggregation, static capital, instantaneous production, and homogeneous ...

Get Up and Running This manual simplifies the process of setting up and using your new Circular Flow Diagram with clear instructions and illustrations. To get started with your Circular Flow Diagram, ...

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 ...