Sometimes it’s fun to create economic flow charts on loose leaf paper or cocktail napkins.

This is a simple doodle of how I conceptualize the positive and negative monetary flows related to labor and capital.

Labor and Capital
Illustration by Dan Wilcock, created using Lucid Chart

Being neither an economist nor a mathematician, I find it best to follow the keep it simple stupid (KISS) principle, and for me this is about as simple/stupid a representation of this vastly complex topic as I can come up with.

Leftward arrows are generally negative in nature. Rightward are positive.

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