Abstract Economic Theory on Net Gift and Capital Return

Abstract Economic Theory on Net Gift and Capital Return The document contains purely theoretical discussion of economic concepts with no mention of specific individuals, transactions, or actionable leads. It lacks any connection to powerful actors, controversy, or novel investigative angles. Key insights: Defines 'net gift' as a component of capital growth or exhaust.; Describes risk‑adjusted output as a behavioral maximand.; Cites Turgot's 1766 reflections on capital allocation.