In Search of the "Wheel of Wealth": On the Origins of Frank Knight's Circular-Flow Diagram The American Economic Review , pp. 1037-1046 (10 pages) Published By: American Economic Association ...

The American Economist, Vol. 64, No. 1 (March 2019), pp. 45-59 (15 pages) Closed-system circular flow models have been ubiquitous in economics for at least half a century. Because these models account ...