Not exact matches
The author critiques the
assumptions underlying the dominant market - place
economic theory and proposes
different assumptions which take into account the fact that people live in communities.
The results of such calculations, using standard
economic assumptions and actuarial survivor probabilities, are shown in Figure 1, where we plot the growth of pension wealth over the career cycle for a typical educator in Missouri under three
different promotion scenarios, in 2012 dollars.
Each RCP contains the same categories of data, but the values vary a great deal, reflecting
different emission trajectories over time as determined by the underlying socio -
economic assumptions (which are unique to each RCP).
The oddness comes from stepping outside the
assumptions of our current
economic system and looking at things from a
different set of
assumptions (no «set - free» place, of course).