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Boundary algebra [BA] is a simpler notation for Spencer-Brown’s (1969) primary algebra [pa], the Boolean algebra 2, and the truth functors. The primary arithmetic [PA] consists of the atoms ‘()’ and the blank page, concatenation, and enclosure between ‘(‘ and ‘)’, denoting the...
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Feldstein (1996, 1974) reported that Social Security in the U.S.A. reduced personal saving (“saving”) in 1992 (1971) by $416 ($61) billion. I reestimate his life-cycle consumption specification using data from the latest NIPA revision, correct his calculations, and find that the implied...
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