The story
In allusion to a bathtub with water entering from the taps and leaving by the plughole.
Etymology from Wiktionary, CC BY-SA 4.0.
Today it means: The idea that capital accumulation is equal to production minus consumption. Full definition →
In allusion to a bathtub with water entering from the taps and leaving by the plughole.
Etymology from Wiktionary, CC BY-SA 4.0.