Economic theory discussion on Keynesian accounting and human capital

Economic theory discussion on Keynesian accounting and human capital The passage is a purely academic discussion of macroeconomic accounting concepts with no mention of specific individuals, transactions, or wrongdoing. It provides no actionable leads, controversial claims, or novel information about powerful actors. Key insights: Analyzes Keynes' double‑entry view of output and income.; Proposes a revised equation incorporating work, self‑invested labor, and human depreciation.; References economists such as Mill, Schultz, and Ben‑Porath.