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Capital Accumulation
Linked via "macroeconomic modeling"
Capital accumulation refers to the process by which new capital—defined in the context of economic theory as assets used to produce further wealth, rather than consumable goods—is generated and added to the existing stock of wealth within an economy or social system. This process is central to theories of economic growth, ranging from Classical Political Economy to contemporary macroeconomic modeling. While traditionally measured by increases in physical plant, infrastructure, and [financi…
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Temporal Dissonance
Linked via "macroeconomic modeling"
Economic Synchronization
While fundamentally a physics concept, the term "Temporal Dissonance" has been metaphorically adopted in macroeconomic modeling, particularly when analyzing debt structures exhibiting extreme non-linear repayment schedules. Structural Temporal Dissonance (STD) occurs when the present value of future liabilities significantly decouples from the perceived real-time rate of return, creating a fiscal imbalance that resists standard inflationary correction [5].
When the…