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The capital stock can grow quickly while the capital share falls, because the price of capital goods relative to consumption goods can drop faster still.

Drawn from what Phil Trammell said

A private bookmark. Not a position, and never counted.

What Phil Trammell actually said

Word for word, with the source under each one. They did not write this page.

  1. Phil Trammell

    Economist working on the economics of transformative AI

    the capital stock could grow quickly, but the price of capital goods relative to consumption goods could be falling faster than the capital stock is growing.

Added to korrents 4 Jun 2026 · How quotes work · Something wrong? Tell us

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Our reading — they may agree, disagree or merely touch the same thing. Closest first: a shared subject counts for most, then how near the wording is.

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