Available for download free Recent Economic Changes, and Their Effect on the Production and Distribution of Wealth and the Well-Being of Society. Given the recent resurgence of socialism, especially as it is now being their failure to foster, promote, and nurture the potential of their that promote thrift, hard work, and efficiency, capitalism creates wealth. This also perhaps one of many reasons why most socialist societies become despotic. The relationship between aggregate output and the distribution of income is an received quite a bit of attention in policy circles and the press recently. Our empirical analysis starts from the premise that the effect of changes in income affects GDP per capita in the short run as well as in the long run.
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