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              <image:caption>The Full Circular Flow Model</image:caption>
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              <image:caption>Economic Decline</image:caption>
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              <image:caption>Steve Bain</image:caption>
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              <image:caption>AD-AS Graph</image:caption>
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              <image:caption>Steve Bain</image:caption>
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              <image:caption>Steve Bain</image:caption>
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              <image:caption>Steve Bain</image:caption>
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              <image:caption>Aggregate demand graph</image:caption>
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              <image:caption>Steve Bain</image:caption>
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              <image:caption>Aggregate Expenditure Shift</image:caption>
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              <image:caption>Steve Bain</image:caption>
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              <image:caption>Aggregate Expenditure Graph</image:caption>
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            <lastmod>2026-01-15T11:48:51.000000Z</lastmod>
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              <image:loc>https://www.dyingeconomy.com/images/ASshift2.jpg</image:loc>
              <image:caption>Diagram of an aggregate supply curve shifting left, showing impact on output and price level in the AD-AS model.</image:caption>
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              <image:loc>https://www.dyingeconomy.com/images/AScurve.jpg</image:loc>
              <image:caption>Aggregate supply graph showing a curve with a flat Keynesian range, upward-sloping intermediate range, and vertical long-run range with price level vs real output.</image:caption>
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              <image:loc>https://www.dyingeconomy.com/images/S.Bain_photo.jpg</image:loc>
              <image:caption>Steve Bain</image:caption>
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              <image:caption>Achieving Allocative Efficiency via Trade</image:caption>
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              <image:loc>https://www.dyingeconomy.com/images/allocative_efficiency_competitive_markets.jpg</image:loc>
              <image:caption>Allocative Efficiency in Competitive Markets</image:caption>
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              <image:caption>Steve Bain</image:caption>
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              <image:loc>https://www.dyingeconomy.com/images/allocative_efficiency_graph.jpg</image:loc>
              <image:caption>Allocative Efficiency and the Contract Curve</image:caption>
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              <image:loc>https://www.dyingeconomy.com/images/ASshift2.jpg</image:loc>
              <image:caption>Tariffs shift aggregate supply to the left</image:caption>
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              <image:caption>Steve Bain</image:caption>
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              <image:loc>https://www.dyingeconomy.com/images/S.Bain_photo.jpg</image:loc>
              <image:caption>Steve Bain</image:caption>
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              <image:loc>https://www.dyingeconomy.com/images/autonomous_consumption_graph.jpg</image:loc>
              <image:caption>A graph with an upward sloping consumption function that intersects the aggregate demand axis at a positive level, indicating an amount of consumption that is autonomous of national income.</image:caption>
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              <image:caption>Steve Bain</image:caption>
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              <image:caption>Average Fixed Cost Graph</image:caption>
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              <image:caption>Steve Bain</image:caption>
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            <lastmod>2026-01-13T08:11:50.000000Z</lastmod>
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              <image:loc>https://www.dyingeconomy.com/images/average_total_cost_graph.jpg</image:loc>
              <image:caption>Average Total Cost Graph</image:caption>
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            <image:image>
              <image:loc>https://www.dyingeconomy.com/images/S.Bain_photo.jpg</image:loc>
              <image:caption>Steve Bain</image:caption>
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      <url>
            <loc>https://www.dyingeconomy.com/average-variable-cost.html</loc>
            <lastmod>2026-01-15T11:28:55.000000Z</lastmod>
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              <image:loc>https://www.dyingeconomy.com/images/average_variable_cost_graph.jpg</image:loc>
              <image:caption>Average Variable Cost Graph</image:caption>
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            <image:image>
              <image:loc>https://www.dyingeconomy.com/images/S.Bain_photo.jpg</image:loc>
              <image:caption>Steve Bain</image:caption>
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      <url>
            <loc>https://www.dyingeconomy.com/balance-of-payments.html</loc>
            <lastmod>2025-12-21T12:49:27.000000Z</lastmod>
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              <image:loc>https://www.dyingeconomy.com/images/CAB.jpg</image:loc>
              <image:caption>Current Account Balance of Trade Graph</image:caption>
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              <image:loc>https://www.dyingeconomy.com/images/S.Bain_photo.jpg</image:loc>
              <image:caption>Steve Bain</image:caption>
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            <loc>https://www.dyingeconomy.com/balanced-budget-multiplier.html</loc>
            <lastmod>2025-12-20T11:34:03.000000Z</lastmod>
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              <image:loc>https://www.dyingeconomy.com/images/balanced_buget_line.jpg</image:loc>
              <image:caption>Budget Surplus Line Graph</image:caption>
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              <image:loc>https://www.dyingeconomy.com/images/S.Bain_photo.jpg</image:loc>
              <image:caption>Steve Bain</image:caption>
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              <image:loc>https://www.dyingeconomy.com/images/CFunction4.jpg</image:loc>
              <image:caption>Balanced Budget Multiplier Graph</image:caption>
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      <url>
            <loc>https://www.dyingeconomy.com/bank-reserves.html</loc>
            <lastmod>2026-01-24T18:59:51.000000Z</lastmod>
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              <image:loc>https://www.dyingeconomy.com/images/S.Bain_photo.jpg</image:loc>
              <image:caption>Steve Bain</image:caption>
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      <url>
            <loc>https://www.dyingeconomy.com/barriers-to-work.html</loc>
            <lastmod>2023-01-23T12:55:05.000000Z</lastmod>
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              <image:loc>https://www.dyingeconomy.com/images/S.Bain_photo.jpg</image:loc>
              <image:caption>Steve Bain</image:caption>
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      <url>
            <loc>https://www.dyingeconomy.com/behavioral-economics.html</loc>
            <lastmod>2025-12-18T15:49:36.000000Z</lastmod>
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              <image:loc>https://www.dyingeconomy.com/images/S.Bain_photo.jpg</image:loc>
              <image:caption>Steve Bain</image:caption>
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      <url>
            <loc>https://www.dyingeconomy.com/beveridge-curve.html</loc>
            <lastmod>2026-01-24T13:09:20.000000Z</lastmod>
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              <image:loc>https://www.dyingeconomy.com/images/beveridge_curve_shift.jpg</image:loc>
              <image:caption>Conceptual illustration of the Beveridge curve showing an outward shift of the curve, indicating reduced labour market matching efficiency between unemployment and job vacancies.</image:caption>
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              <image:loc>https://www.dyingeconomy.com/images/beveridge_curve.jpg</image:loc>
              <image:caption>Graph of the Beveridge curve showing the inverse relationship between the unemployment rate and the job vacancy rate, with movements along the curve representing economic cycles and shifts indicating changes in labour market efficiency.</image:caption>
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              <image:loc>https://www.dyingeconomy.com/images/S.Bain_photo.jpg</image:loc>
              <image:caption>Steve Bain</image:caption>
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      <url>
            <loc>https://www.dyingeconomy.com/bracket-creep.html</loc>
            <lastmod>2025-11-19T12:37:47.000000Z</lastmod>
            <image:image>
              <image:loc>https://www.dyingeconomy.com/images/S.Bain_photo.jpg</image:loc>
              <image:caption>Steve Bain</image:caption>
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      <url>
            <loc>https://www.dyingeconomy.com/brent-johnson.html</loc>
            <lastmod>2025-12-16T20:14:18.000000Z</lastmod>
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              <image:loc>https://www.dyingeconomy.com/images/S.Bain_photo.jpg</image:loc>
              <image:caption>Steve Bain</image:caption>
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      <url>
            <loc>https://www.dyingeconomy.com/budget-line.html</loc>
            <lastmod>2026-01-08T17:43:17.000000Z</lastmod>
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              <image:loc>https://www.dyingeconomy.com/images/budget_line_income_change.jpg</image:loc>
              <image:caption>Budget Line Income Change</image:caption>
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            <image:image>
              <image:loc>https://www.dyingeconomy.com/images/corner_solution_mrs.jpg</image:loc>
              <image:caption>Budget Line Corner Solution</image:caption>
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              <image:loc>https://www.dyingeconomy.com/images/budget_line_001.jpg</image:loc>
              <image:caption>Budget Line Graph</image:caption>
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            <image:image>
              <image:loc>https://www.dyingeconomy.com/images/S.Bain_photo.jpg</image:loc>
              <image:caption>Steve Bain</image:caption>
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              <image:loc>https://www.dyingeconomy.com/images/budget_line_price_change.jpg</image:loc>
              <image:caption>Budget Line Price Change</image:caption>
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              <image:loc>https://www.dyingeconomy.com/images/budget_line_002.jpg</image:loc>
              <image:caption>Budget Line and Indifference Curve Graph</image:caption>
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      <url>
            <loc>https://www.dyingeconomy.com/bullwhip-effect.html</loc>
            <lastmod>2026-01-18T08:08:34.000000Z</lastmod>
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              <image:loc>https://www.dyingeconomy.com/images/the_bullwhip_effect.jpg</image:loc>
              <image:caption>The Bullwhip Effect Illustrated</image:caption>
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            <image:image>
              <image:loc>https://www.dyingeconomy.com/images/S.Bain_photo.jpg</image:loc>
              <image:caption>Steve Bain</image:caption>
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            <image:image>
              <image:loc>https://www.dyingeconomy.com/images/galloping_inflation_001.jpg</image:loc>
              <image:caption>Bullwhip Effect on Inflation Graph</image:caption>
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      <url>
            <loc>https://www.dyingeconomy.com/business-cycle.html</loc>
            <lastmod>2025-12-20T11:59:17.000000Z</lastmod>
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              <image:loc>https://www.dyingeconomy.com/images/business_cycle_graph.jpg</image:loc>
              <image:caption>Business Cycle Graph</image:caption>
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            <image:image>
              <image:loc>https://www.dyingeconomy.com/images/S.Bain_photo.jpg</image:loc>
              <image:caption>Steve Bain</image:caption>
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      <url>
            <loc>https://www.dyingeconomy.com/capacity-constraints.html</loc>
            <lastmod>2026-01-14T20:58:39.000000Z</lastmod>
            <image:image>
              <image:loc>https://www.dyingeconomy.com/images/S.Bain_photo.jpg</image:loc>
              <image:caption>Steve Bain</image:caption>
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      <url>
            <loc>https://www.dyingeconomy.com/capital-mobility.html</loc>
            <lastmod>2025-12-21T12:53:14.000000Z</lastmod>
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              <image:loc>https://www.dyingeconomy.com/images/S.Bain_photo.jpg</image:loc>
              <image:caption>Steve Bain</image:caption>
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      <url>
            <loc>https://www.dyingeconomy.com/circular-flow-model-economics.html</loc>
            <lastmod>2026-01-03T20:27:32.000000Z</lastmod>
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              <image:loc>https://www.dyingeconomy.com/images/S.Bain_photo.jpg</image:loc>
              <image:caption>Steve Bain</image:caption>
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      <url>
            <loc>https://www.dyingeconomy.com/circular-flow-model.html</loc>
            <lastmod>2026-01-24T13:50:12.000000Z</lastmod>
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              <image:loc>https://www.dyingeconomy.com/images/full_circular_flow_model.jpg</image:loc>
              <image:caption>Full circular flow model with leakages and injections showing households, firms, government, financial sector, foreign trade and money flows.</image:caption>
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            <image:image>
              <image:loc>https://www.dyingeconomy.com/images/circular_flow_diagram.jpg</image:loc>
              <image:caption>Basic circular flow diagram showing money and goods-services flow between households and firms in an economy.</image:caption>
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            <image:image>
              <image:loc>https://www.dyingeconomy.com/images/S.Bain_photo.jpg</image:loc>
              <image:caption>Steve Bain</image:caption>
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      <url>
            <loc>https://www.dyingeconomy.com/circular-flow-of-income.html</loc>
            <lastmod>2026-01-03T20:26:43.000000Z</lastmod>
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              <image:loc>https://www.dyingeconomy.com/images/S.Bain_photo.jpg</image:loc>
              <image:caption>Steve Bain</image:caption>
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      <url>
            <loc>https://www.dyingeconomy.com/club-goods.html</loc>
            <lastmod>2025-12-18T11:26:48.000000Z</lastmod>
            <image:image>
              <image:loc>https://www.dyingeconomy.com/images/S.Bain_photo.jpg</image:loc>
              <image:caption>Steve Bain</image:caption>
            </image:image>
      </url>
      <url>
            <loc>https://www.dyingeconomy.com/coase-theorem.html</loc>
            <lastmod>2025-12-10T08:50:55.000000Z</lastmod>
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              <image:loc>https://www.dyingeconomy.com/images/coase_theorem_example.jpg</image:loc>
              <image:caption>Coase Theorem Example</image:caption>
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            <image:image>
              <image:loc>https://www.dyingeconomy.com/images/S.Bain_photo.jpg</image:loc>
              <image:caption>Steve Bain</image:caption>
            </image:image>
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      <url>
            <loc>https://www.dyingeconomy.com/commodity-money.html</loc>
            <lastmod>2026-01-11T14:20:06.000000Z</lastmod>
            <image:image>
              <image:loc>https://www.dyingeconomy.com/images/S.Bain_photo.jpg</image:loc>
              <image:caption>Steve Bain</image:caption>
            </image:image>
      </url>
      <url>
            <loc>https://www.dyingeconomy.com/comparative-advantage.html</loc>
            <lastmod>2025-12-21T12:42:41.000000Z</lastmod>
            <image:image>
              <image:loc>https://www.dyingeconomy.com/images/comparative_advantage_international_trade_ppc.jpg</image:loc>
              <image:caption>Comparative Advantage Graph</image:caption>
            </image:image>
            <image:image>
              <image:loc>https://www.dyingeconomy.com/images/S.Bain_photo.jpg</image:loc>
              <image:caption>Steve Bain</image:caption>
            </image:image>
            <image:image>
              <image:loc>https://www.dyingeconomy.com/images/comparative_advantage_opportunity_costs.jpg</image:loc>
              <image:caption>Comparative Advantage Opportunity Costs</image:caption>
            </image:image>
      </url>
      <url>
            <loc>https://www.dyingeconomy.com/compensated-demand-function.html</loc>
            <lastmod>2026-01-15T11:53:02.000000Z</lastmod>
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              <image:loc>https://www.dyingeconomy.com/images/compensated_demand_function_graph.jpg</image:loc>
              <image:caption>Compensated Demand Function Graph</image:caption>
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            <image:image>
              <image:loc>https://www.dyingeconomy.com/images/S.Bain_photo.jpg</image:loc>
              <image:caption>Steve Bain</image:caption>
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      <url>
            <loc>https://www.dyingeconomy.com/complementary-goods.html</loc>
            <lastmod>2026-01-07T09:33:49.000000Z</lastmod>
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              <image:loc>https://www.dyingeconomy.com/images/perfect_substitutes_graph.jpg</image:loc>
              <image:caption>Perfect Substitutes Graph</image:caption>
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            <image:image>
              <image:loc>https://www.dyingeconomy.com/images/perfect_complements.jpg</image:loc>
              <image:caption>Perfect Complements Graph</image:caption>
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            <image:image>
              <image:loc>https://www.dyingeconomy.com/images/S.Bain_photo.jpg</image:loc>
              <image:caption>Steve Bain</image:caption>
            </image:image>
      </url>
      <url>
            <loc>https://www.dyingeconomy.com/constant-cost-industry.html</loc>
            <lastmod>2026-01-11T10:27:28.000000Z</lastmod>
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              <image:loc>https://www.dyingeconomy.com/images/constant_cost_industry_graph.jpg</image:loc>
              <image:caption>Constant Cost Industry Graph</image:caption>
            </image:image>
            <image:image>
              <image:loc>https://www.dyingeconomy.com/images/S.Bain_photo.jpg</image:loc>
              <image:caption>Steve Bain</image:caption>
            </image:image>
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      <url>
            <loc>https://www.dyingeconomy.com/consumer-behavior.html</loc>
            <lastmod>2025-12-18T16:08:45.000000Z</lastmod>
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              <image:loc>https://www.dyingeconomy.com/images/S.Bain_photo.jpg</image:loc>
              <image:caption>Steve Bain</image:caption>
            </image:image>
            <image:image>
              <image:loc>https://www.dyingeconomy.com/images/consumer_behavior_graph.jpg</image:loc>
              <image:caption>Consumer Behavior Graph</image:caption>
            </image:image>
      </url>
      <url>
            <loc>https://www.dyingeconomy.com/consumer-surplus.html</loc>
            <lastmod>2026-01-05T14:41:47.000000Z</lastmod>
            <image:image>
              <image:loc>https://www.dyingeconomy.com/images/consumer_surplus_graph.jpg</image:loc>
              <image:caption>Consumer Surplus Graph Example with Demand Curve</image:caption>
            </image:image>
            <image:image>
              <image:loc>https://www.dyingeconomy.com/images/consumer_surplus_price_floor_graph.jpg</image:loc>
              <image:caption>Consumer Surplus Graph showing reduced surplus after a price floor is imposed.</image:caption>
            </image:image>
            <image:image>
              <image:loc>https://www.dyingeconomy.com/images/S.Bain_photo.jpg</image:loc>
              <image:caption>Steve Bain</image:caption>
            </image:image>
            <image:image>
              <image:loc>https://www.dyingeconomy.com/images/consumer_surplus_tax_graph.jpg</image:loc>
              <image:caption>Consumer Surplus Graph showing reduced surplus after a tax is imposed.</image:caption>
            </image:image>
      </url>
      <url>
            <loc>https://www.dyingeconomy.com/consumption-function-formula.html</loc>
            <lastmod>2026-01-18T08:21:43.000000Z</lastmod>
            <image:image>
              <image:loc>https://www.dyingeconomy.com/images/consumption_function_formula.jpg</image:loc>
              <image:caption>Consumption Function Formula Graph</image:caption>
            </image:image>
            <image:image>
              <image:loc>https://www.dyingeconomy.com/images/S.Bain_photo.jpg</image:loc>
              <image:caption>Steve Bain</image:caption>
            </image:image>
      </url>
      <url>
            <loc>https://www.dyingeconomy.com/consumption-function.html</loc>
            <lastmod>2026-01-09T21:32:16.000000Z</lastmod>
            <image:image>
              <image:loc>https://www.dyingeconomy.com/images/CFunction7.jpg</image:loc>
              <image:caption>Shift of the Keynesian consumption function showing an upward movement of the consumption curve, indicating higher consumption at each level of disposable income.</image:caption>
            </image:image>
            <image:image>
              <image:loc>https://www.dyingeconomy.com/images/S.Bain_photo.jpg</image:loc>
              <image:caption>Steve Bain</image:caption>
            </image:image>
            <image:image>
              <image:loc>https://www.dyingeconomy.com/images/CFunction4.jpg</image:loc>
              <image:caption>Keynesian consumption function graph showing a linear relationship between disposable income and consumption, with a positive intercept representing autonomous consumption.</image:caption>
            </image:image>
      </url>
      <url>
            <loc>https://www.dyingeconomy.com/contact.html</loc>
            <lastmod>2025-12-04T11:06:23.000000Z</lastmod>
      </url>
      <url>
            <loc>https://www.dyingeconomy.com/corrective-tax.html</loc>
            <lastmod>2026-01-12T10:45:03.000000Z</lastmod>
            <image:image>
              <image:loc>https://www.dyingeconomy.com/images/pigouvian_corrective_tax_graph_01.jpg</image:loc>
              <image:caption>Corrective Tax Graph</image:caption>
            </image:image>
            <image:image>
              <image:loc>https://www.dyingeconomy.com/images/S.Bain_photo.jpg</image:loc>
              <image:caption>Steve Bain</image:caption>
            </image:image>
      </url>
      <url>
            <loc>https://www.dyingeconomy.com/cost-minimization.html</loc>
            <lastmod>2025-12-14T16:10:42.000000Z</lastmod>
            <image:image>
              <image:loc>https://www.dyingeconomy.com/images/cost_minimization_graph.jpg</image:loc>
              <image:caption>Cost Minimization Graph</image:caption>
            </image:image>
            <image:image>
              <image:loc>https://www.dyingeconomy.com/images/S.Bain_photo.jpg</image:loc>
              <image:caption>Steve Bain</image:caption>
            </image:image>
            <image:image>
              <image:loc>https://www.dyingeconomy.com/images/input_substitution_graph.jpg</image:loc>
              <image:caption>Input Substitution Graph</image:caption>
            </image:image>
      </url>
      <url>
            <loc>https://www.dyingeconomy.com/cost-push-inflation.html</loc>
            <lastmod>2025-12-02T18:07:15.000000Z</lastmod>
            <image:image>
              <image:loc>https://www.dyingeconomy.com/images/Cost_Push_Inflation_Graph.jpg</image:loc>
              <image:caption>Cost Push Inflation Graph</image:caption>
            </image:image>
            <image:image>
              <image:loc>https://www.dyingeconomy.com/images/S.Bain_photo.jpg</image:loc>
              <image:caption>Steve Bain</image:caption>
            </image:image>
      </url>
      <url>
            <loc>https://www.dyingeconomy.com/costs-of-production.html</loc>
            <lastmod>2025-12-14T15:56:47.000000Z</lastmod>
            <image:image>
              <image:loc>https://www.dyingeconomy.com/images/S.Bain_photo.jpg</image:loc>
              <image:caption>Steve Bain</image:caption>
            </image:image>
            <image:image>
              <image:loc>https://www.dyingeconomy.com/images/costs_of_production_table.jpg</image:loc>
              <image:caption>Costs of Production Table</image:caption>
            </image:image>
      </url>
      <url>
            <loc>https://www.dyingeconomy.com/credit-creation.html</loc>
            <lastmod>2025-12-19T09:18:31.000000Z</lastmod>
            <image:image>
              <image:loc>https://www.dyingeconomy.com/images/S.Bain_photo.jpg</image:loc>
              <image:caption>Steve Bain</image:caption>
            </image:image>
      </url>
      <url>
            <loc>https://www.dyingeconomy.com/creeping-inflation.html</loc>
            <lastmod>2023-06-02T17:05:39.000000Z</lastmod>
            <image:image>
              <image:loc>https://www.dyingeconomy.com/images/S.Bain_photo.jpg</image:loc>
              <image:caption>Steve Bain</image:caption>
            </image:image>
            <image:image>
              <image:loc>https://www.dyingeconomy.com/images/galloping_inflation_001.jpg</image:loc>
              <image:caption>CPI Inflation since the 1960s</image:caption>
            </image:image>
      </url>
      <url>
            <loc>https://www.dyingeconomy.com/cross-price-elasticity.html</loc>
            <lastmod>2026-01-12T10:47:57.000000Z</lastmod>
            <image:image>
              <image:loc>https://www.dyingeconomy.com/images/positive_cross_price_elasticity_graph.jpg</image:loc>
              <image:caption>Positive Cross Price Elasticity Graph</image:caption>
            </image:image>
            <image:image>
              <image:loc>https://www.dyingeconomy.com/images/S.Bain_photo.jpg</image:loc>
              <image:caption>Steve Bain</image:caption>
            </image:image>
            <image:image>
              <image:loc>https://www.dyingeconomy.com/images/negative_cross_price_elasticity_graph.jpg</image:loc>
              <image:caption>Negative Cross Price Elasticity Graph</image:caption>
            </image:image>
      </url>
      <url>
            <loc>https://www.dyingeconomy.com/crowding-in.html</loc>
            <lastmod>2026-01-18T09:46:09.000000Z</lastmod>
            <image:image>
              <image:loc>https://www.dyingeconomy.com/images/S.Bain_photo.jpg</image:loc>
              <image:caption>Steve Bain</image:caption>
            </image:image>
      </url>
      <url>
            <loc>https://www.dyingeconomy.com/crowding-out.html</loc>
            <lastmod>2026-01-18T09:44:24.000000Z</lastmod>
            <image:image>
              <image:loc>https://www.dyingeconomy.com/images/Crowding002.jpg</image:loc>
              <image:caption>IS curve shifts to the right</image:caption>
            </image:image>
            <image:image>
              <image:loc>https://www.dyingeconomy.com/images/S.Bain_photo.jpg</image:loc>
              <image:caption>Steve Bain</image:caption>
            </image:image>
            <image:image>
              <image:loc>https://www.dyingeconomy.com/images/IntMon002.jpg</image:loc>
              <image:caption>IS curve shifts to the right, LM curve shifts to the left.</image:caption>
            </image:image>
      </url>
      <url>
            <loc>https://www.dyingeconomy.com/cyclical-unemployment.html</loc>
            <lastmod>2025-12-16T20:17:58.000000Z</lastmod>
            <image:image>
              <image:loc>https://www.dyingeconomy.com/images/US_Unemployment.jpg</image:loc>
            </image:image>
            <image:image>
              <image:loc>https://www.dyingeconomy.com/images/S.Bain_photo.jpg</image:loc>
              <image:caption>Steve Bain</image:caption>
            </image:image>
      </url>
      <url>
            <loc>https://www.dyingeconomy.com/deadweight-loss.html</loc>
            <lastmod>2026-01-09T17:40:00.000000Z</lastmod>
            <image:image>
              <image:loc>https://www.dyingeconomy.com/images/monopoly_deadweight_loss_graph.jpg</image:loc>
              <image:caption>Monopoly deadweight loss supply and demand graph showing reduced output and lost surplus compared to competitive equilibrium.</image:caption>
            </image:image>
            <image:image>
              <image:loc>https://www.dyingeconomy.com/images/price_floor_deadweight_loss_graph.jpg</image:loc>
              <image:caption>Price floor (minimum wage) deadweight loss graph showing surplus loss from lower employment quantity.</image:caption>
            </image:image>
            <image:image>
              <image:loc>https://www.dyingeconomy.com/images/price_ceiling_deadweight_loss_graph.jpg</image:loc>
              <image:caption>Graph illustrating deadweight loss from a price ceiling with excess demand and lost surplus areas.</image:caption>
            </image:image>
            <image:image>
              <image:loc>https://www.dyingeconomy.com/images/subsidy_deadweight_loss_graph.jpg</image:loc>
              <image:caption>Subsidy deadweight loss graph showing excess supply and lost welfare area due to artificial price support.</image:caption>
            </image:image>
            <image:image>
              <image:loc>https://www.dyingeconomy.com/images/deadweight_loss_from_tax_graph.jpg</image:loc>
              <image:caption>Supply and demand graph showing deadweight loss triangle from a tax wedge between buyer and seller prices.</image:caption>
            </image:image>
            <image:image>
              <image:loc>https://www.dyingeconomy.com/images/S.Bain_photo.jpg</image:loc>
              <image:caption>Steve Bain</image:caption>
            </image:image>
            <image:image>
              <image:loc>https://www.dyingeconomy.com/images/optimal_total_surplus_graph.jpg</image:loc>
              <image:caption>Supply and demand graph showing optimal total surplus at competitive market equilibrium.</image:caption>
            </image:image>
      </url>
      <url>
            <loc>https://www.dyingeconomy.com/debasement-of-currency.html</loc>
            <lastmod>2025-11-19T12:35:56.000000Z</lastmod>
            <image:image>
              <image:loc>https://www.dyingeconomy.com/images/S.Bain_photo.jpg</image:loc>
              <image:caption>Steve Bain</image:caption>
            </image:image>
      </url>
      <url>
            <loc>https://www.dyingeconomy.com/debt-crisis-and-war.html</loc>
            <lastmod>2025-12-07T12:46:08.000000Z</lastmod>
            <image:image>
              <image:loc>https://www.dyingeconomy.com/images/S.Bain_photo.jpg</image:loc>
              <image:caption>Steve Bain</image:caption>
            </image:image>
      </url>
      <url>
            <loc>https://www.dyingeconomy.com/debt-deflation.html</loc>
            <lastmod>2025-11-19T12:19:23.000000Z</lastmod>
            <image:image>
              <image:loc>https://www.dyingeconomy.com/images/S.Bain_photo.jpg</image:loc>
              <image:caption>Steve Bain</image:caption>
            </image:image>
      </url>
      <url>
            <loc>https://www.dyingeconomy.com/decision-lag.html</loc>
            <lastmod>2025-12-20T11:25:50.000000Z</lastmod>
            <image:image>
              <image:loc>https://www.dyingeconomy.com/images/S.Bain_photo.jpg</image:loc>
              <image:caption>Steve Bain</image:caption>
            </image:image>
            <image:image>
              <image:loc>https://www.dyingeconomy.com/images/satabilization_policy_lags.jpg</image:loc>
              <image:caption>Policy Lag Chart</image:caption>
            </image:image>
      </url>
      <url>
            <loc>https://www.dyingeconomy.com/decreasing-cost-industry.html</loc>
            <lastmod>2026-01-11T10:24:31.000000Z</lastmod>
            <image:image>
              <image:loc>https://www.dyingeconomy.com/images/S.Bain_photo.jpg</image:loc>
              <image:caption>Steve Bain</image:caption>
            </image:image>
            <image:image>
              <image:loc>https://www.dyingeconomy.com/images/decreasing_cost_industry_graph.jpg</image:loc>
              <image:caption>Decreasing Cost Industry Graph</image:caption>
            </image:image>
      </url>
      <url>
            <loc>https://www.dyingeconomy.com/deflation.html</loc>
            <lastmod>2025-12-16T20:19:55.000000Z</lastmod>
            <image:image>
              <image:loc>https://www.dyingeconomy.com/images/CAB.jpg</image:loc>
              <image:caption>Current Account Balance of Trade</image:caption>
            </image:image>
            <image:image>
              <image:loc>https://www.dyingeconomy.com/images/S.Bain_photo.jpg</image:loc>
              <image:caption>Steve Bain</image:caption>
            </image:image>
      </url>
      <url>
            <loc>https://www.dyingeconomy.com/demand-curve.html</loc>
            <lastmod>2026-01-09T17:21:21.000000Z</lastmod>
            <image:image>
              <image:loc>https://www.dyingeconomy.com/images/demand_schedule.jpg</image:loc>
              <image:caption>Table showing a demand schedule of price versus quantity demanded for a product in a market.</image:caption>
            </image:image>
            <image:image>
              <image:loc>https://www.dyingeconomy.com/images/shift_in_demand.jpg</image:loc>
              <image:caption>Demand curve shift diagram showing shifts in demand due to non-price determinants.</image:caption>
            </image:image>
            <image:image>
              <image:loc>https://www.dyingeconomy.com/images/demand_curve.jpg</image:loc>
              <image:caption>Downward-sloping market demand curve graph showing the inverse relationship between price and quantity demanded</image:caption>
            </image:image>
            <image:image>
              <image:loc>https://www.dyingeconomy.com/images/S.Bain_photo.jpg</image:loc>
              <image:caption>Steve Bain</image:caption>
            </image:image>
      </url>
      <url>
            <loc>https://www.dyingeconomy.com/demand-destruction.html</loc>
            <lastmod>2025-11-19T12:30:23.000000Z</lastmod>
            <image:image>
              <image:loc>https://www.dyingeconomy.com/images/demand_destruction_graph.jpg</image:loc>
              <image:caption>Demand Destruction Graph</image:caption>
            </image:image>
            <image:image>
              <image:loc>https://www.dyingeconomy.com/images/S.Bain_photo.jpg</image:loc>
              <image:caption>Steve Bain</image:caption>
            </image:image>
      </url>
      <url>
            <loc>https://www.dyingeconomy.com/demand-pull-inflation.html</loc>
            <lastmod>2026-01-10T11:04:45.000000Z</lastmod>
            <image:image>
              <image:loc>https://www.dyingeconomy.com/images/Demand_Pull_Inflation_Graph.jpg</image:loc>
              <image:caption>Demand Pull Inflation Graph</image:caption>
            </image:image>
            <image:image>
              <image:loc>https://www.dyingeconomy.com/images/S.Bain_photo.jpg</image:loc>
              <image:caption>Steve Bain</image:caption>
            </image:image>
      </url>
      <url>
            <loc>https://www.dyingeconomy.com/demographic-crisis.html</loc>
            <lastmod>2025-11-22T09:37:33.000000Z</lastmod>
            <image:image>
              <image:loc>https://www.dyingeconomy.com/images/S.Bain_photo.jpg</image:loc>
              <image:caption>Steve Bain</image:caption>
            </image:image>
      </url>
      <url>
            <loc>https://www.dyingeconomy.com/derived-demand.html</loc>
            <lastmod>2025-12-18T16:05:49.000000Z</lastmod>
            <image:image>
              <image:loc>https://www.dyingeconomy.com/images/S.Bain_photo.jpg</image:loc>
              <image:caption>Steve Bain</image:caption>
            </image:image>
      </url>
      <url>
            <loc>https://www.dyingeconomy.com/differentiated-products.html</loc>
            <lastmod>2025-12-13T14:04:58.000000Z</lastmod>
            <image:image>
              <image:loc>https://www.dyingeconomy.com/images/S.Bain_photo.jpg</image:loc>
              <image:caption>Steve Bain</image:caption>
            </image:image>
      </url>
      <url>
            <loc>https://www.dyingeconomy.com/discouraged-workers.html</loc>
            <lastmod>2024-02-13T11:18:55.000000Z</lastmod>
            <image:image>
              <image:loc>https://www.dyingeconomy.com/images/S.Bain_photo.jpg</image:loc>
              <image:caption>Steve Bain</image:caption>
            </image:image>
      </url>
      <url>
            <loc>https://www.dyingeconomy.com/discretionary-fiscal-policy.html</loc>
            <lastmod>2025-12-20T11:55:43.000000Z</lastmod>
            <image:image>
              <image:loc>https://www.dyingeconomy.com/images/S.Bain_photo.jpg</image:loc>
              <image:caption>Steve Bain</image:caption>
            </image:image>
      </url>
      <url>
            <loc>https://www.dyingeconomy.com/diseconomies-of-scale.html</loc>
            <lastmod>2025-12-11T11:40:53.000000Z</lastmod>
            <image:image>
              <image:loc>https://www.dyingeconomy.com/images/S.Bain_photo.jpg</image:loc>
              <image:caption>Steve Bain</image:caption>
            </image:image>
      </url>
      <url>
            <loc>https://www.dyingeconomy.com/disinflation.html</loc>
            <lastmod>2025-11-19T12:20:59.000000Z</lastmod>
            <image:image>
              <image:loc>https://www.dyingeconomy.com/images/S.Bain_photo.jpg</image:loc>
              <image:caption>Steve Bain</image:caption>
            </image:image>
      </url>
      <url>
            <loc>https://www.dyingeconomy.com/displaced-workers.html</loc>
            <lastmod>2023-01-23T12:58:50.000000Z</lastmod>
            <image:image>
              <image:loc>https://www.dyingeconomy.com/images/S.Bain_photo.jpg</image:loc>
              <image:caption>Steve Bain</image:caption>
            </image:image>
      </url>
      <url>
            <loc>https://www.dyingeconomy.com/division-of-labor.html</loc>
            <lastmod>2025-12-11T12:04:06.000000Z</lastmod>
            <image:image>
              <image:loc>https://www.dyingeconomy.com/images/S.Bain_photo.jpg</image:loc>
              <image:caption>Steve Bain</image:caption>
            </image:image>
      </url>
      <url>
            <loc>https://www.dyingeconomy.com/does-government-spending-cause-inflation.html</loc>
            <lastmod>2026-01-10T14:33:11.000000Z</lastmod>
            <image:image>
              <image:loc>https://www.dyingeconomy.com/images/how-government-spending-causes-inflation-infographic.jpg</image:loc>
              <image:caption>How government spending causes inflation through crowding out and reduced supply.</image:caption>
            </image:image>
            <image:image>
              <image:loc>https://www.dyingeconomy.com/images/S.Bain_photo.jpg</image:loc>
              <image:caption>Steve Bain</image:caption>
            </image:image>
      </url>
      <url>
            <loc>https://www.dyingeconomy.com/does-quantitative-easing-cause-inflation.html</loc>
            <lastmod>2026-01-10T11:06:04.000000Z</lastmod>
            <image:image>
              <image:loc>https://www.dyingeconomy.com/images/S.Bain_photo.jpg</image:loc>
              <image:caption>Steve Bain</image:caption>
            </image:image>
      </url>
      <url>
            <loc>https://www.dyingeconomy.com/dollar-milkshake-theory.html</loc>
            <lastmod>2025-12-07T12:24:41.000000Z</lastmod>
            <image:image>
              <image:loc>https://www.dyingeconomy.com/images/S.Bain_photo.jpg</image:loc>
              <image:caption>Steve Bain</image:caption>
            </image:image>
      </url>
      <url>
            <loc>https://www.dyingeconomy.com/dynamic-efficiency.html</loc>
            <lastmod>2026-01-15T20:33:16.000000Z</lastmod>
            <image:image>
              <image:loc>https://www.dyingeconomy.com/images/S.Bain_photo.jpg</image:loc>
              <image:caption>Steve Bain</image:caption>
            </image:image>
      </url>
      <url>
            <loc>https://www.dyingeconomy.com/economic-efficiency.html</loc>
            <lastmod>2025-12-10T09:20:19.000000Z</lastmod>
            <image:image>
              <image:loc>https://www.dyingeconomy.com/images/S.Bain_photo.jpg</image:loc>
              <image:caption>Steve Bain</image:caption>
            </image:image>
      </url>
      <url>
            <loc>https://www.dyingeconomy.com/economic-goods.html</loc>
            <lastmod>2025-12-18T11:29:30.000000Z</lastmod>
            <image:image>
              <image:loc>https://www.dyingeconomy.com/images/economic_goods_table.jpg</image:loc>
              <image:caption>Economic Goods</image:caption>
            </image:image>
            <image:image>
              <image:loc>https://www.dyingeconomy.com/images/S.Bain_photo.jpg</image:loc>
              <image:caption>Steve Bain</image:caption>
            </image:image>
      </url>
      <url>
            <loc>https://www.dyingeconomy.com/economic-profit-vs-accounting-profit.html</loc>
            <lastmod>2026-01-13T08:24:13.000000Z</lastmod>
            <image:image>
              <image:loc>https://www.dyingeconomy.com/images/S.Bain_photo.jpg</image:loc>
              <image:caption>Steve Bain</image:caption>
            </image:image>
      </url>
      <url>
            <loc>https://www.dyingeconomy.com/economic-rent.html</loc>
            <lastmod>2025-12-13T14:26:06.000000Z</lastmod>
            <image:image>
              <image:loc>https://www.dyingeconomy.com/images/S.Bain_photo.jpg</image:loc>
              <image:caption>Steve Bain</image:caption>
            </image:image>
      </url>
      <url>
            <loc>https://www.dyingeconomy.com/economics-blog.html</loc>
            <lastmod>2025-12-04T11:04:19.000000Z</lastmod>
      </url>
      <url>
            <loc>https://www.dyingeconomy.com/economies-of-scale.html</loc>
            <lastmod>2025-12-11T11:58:28.000000Z</lastmod>
            <image:image>
              <image:loc>https://www.dyingeconomy.com/images/S.Bain_photo.jpg</image:loc>
              <image:caption>Steve Bain</image:caption>
            </image:image>
      </url>
      <url>
            <loc>https://www.dyingeconomy.com/economies-of-scope.html</loc>
            <lastmod>2025-12-11T11:38:44.000000Z</lastmod>
            <image:image>
              <image:loc>https://www.dyingeconomy.com/images/product_transformation_curve.jpg</image:loc>
              <image:caption>Product Transformation Curve</image:caption>
            </image:image>
            <image:image>
              <image:loc>https://www.dyingeconomy.com/images/S.Bain_photo.jpg</image:loc>
              <image:caption>Steve Bain</image:caption>
            </image:image>
      </url>
      <url>
            <loc>https://www.dyingeconomy.com/edgeworth-box.html</loc>
            <lastmod>2026-01-17T12:44:54.000000Z</lastmod>
            <image:image>
              <image:loc>https://www.dyingeconomy.com/images/edgeworth_box_diagram.jpg</image:loc>
              <image:caption>Edgeworth Box diagram showing two consumers exchanging two goods with indifference curves and contract curve.</image:caption>
            </image:image>
            <image:image>
              <image:loc>https://www.dyingeconomy.com/images/S.Bain_photo.jpg</image:loc>
              <image:caption>Steve Bain</image:caption>
            </image:image>
      </url>
      <url>
            <loc>https://www.dyingeconomy.com/effects-of-inflation.html</loc>
            <lastmod>2023-06-02T16:51:16.000000Z</lastmod>
            <image:image>
              <image:loc>https://www.dyingeconomy.com/images/S.Bain_photo.jpg</image:loc>
              <image:caption>Steve Bain</image:caption>
            </image:image>
      </url>
      <url>
            <loc>https://www.dyingeconomy.com/effects-of-unemployment.html</loc>
            <lastmod>2026-01-24T13:47:55.000000Z</lastmod>
            <image:image>
              <image:loc>https://www.dyingeconomy.com/images/S.Bain_photo.jpg</image:loc>
              <image:caption>Steve Bain</image:caption>
            </image:image>
      </url>
      <url>
            <loc>https://www.dyingeconomy.com/efficiency-wage-theory.html</loc>
            <lastmod>2025-12-10T08:43:45.000000Z</lastmod>
            <image:image>
              <image:loc>https://www.dyingeconomy.com/images/S.Bain_photo.jpg</image:loc>
              <image:caption>Steve Bain</image:caption>
            </image:image>
      </url>
      <url>
            <loc>https://www.dyingeconomy.com/endogenous-growth-theory.html</loc>
            <lastmod>2026-01-14T13:04:48.000000Z</lastmod>
            <image:image>
              <image:loc>https://www.dyingeconomy.com/images/solow_growth_model.jpg</image:loc>
              <image:caption>Solow Growth Model</image:caption>
            </image:image>
            <image:image>
              <image:loc>https://www.dyingeconomy.com/images/S.Bain_photo.jpg</image:loc>
              <image:caption>Steve Bain</image:caption>
            </image:image>
            <image:image>
              <image:loc>https://www.dyingeconomy.com/images/endodia4.jpg</image:loc>
              <image:caption>Endogenous Growth Theory Graph</image:caption>
            </image:image>
      </url>
      <url>
            <loc>https://www.dyingeconomy.com/energy-economics.html</loc>
            <lastmod>2025-12-07T08:49:27.000000Z</lastmod>
            <image:image>
              <image:loc>https://www.dyingeconomy.com/images/S.Bain_photo.jpg</image:loc>
              <image:caption>Steve Bain</image:caption>
            </image:image>
      </url>
      <url>
            <loc>https://www.dyingeconomy.com/engel-curve.html</loc>
            <lastmod>2026-01-24T13:55:02.000000Z</lastmod>
            <image:image>
              <image:loc>https://www.dyingeconomy.com/images/inferior_good.jpg</image:loc>
              <image:caption>Backward-Bending Income Consumption Curve Graph</image:caption>
            </image:image>
            <image:image>
              <image:loc>https://www.dyingeconomy.com/images/S.Bain_photo.jpg</image:loc>
              <image:caption>Steve Bain</image:caption>
            </image:image>
            <image:image>
              <image:loc>https://www.dyingeconomy.com/images/engel_curve.jpg</image:loc>
              <image:caption>Engel Curve Graph</image:caption>
            </image:image>
            <image:image>
              <image:loc>https://www.dyingeconomy.com/images/income_consumption_curve.jpg</image:loc>
              <image:caption>Income Consumption Curve Graph</image:caption>
            </image:image>
      </url>
      <url>
            <loc>https://www.dyingeconomy.com/eurodollar-market.html</loc>
            <lastmod>2025-12-16T20:23:17.000000Z</lastmod>
            <image:image>
              <image:loc>https://www.dyingeconomy.com/images/S.Bain_photo.jpg</image:loc>
              <image:caption>Steve Bain</image:caption>
            </image:image>
      </url>
      <url>
            <loc>https://www.dyingeconomy.com/everything-bubble.html</loc>
            <lastmod>2026-01-11T08:15:59.000000Z</lastmod>
            <image:image>
              <image:loc>https://www.dyingeconomy.com/images/S.Bain_photo.jpg</image:loc>
              <image:caption>Steve Bain</image:caption>
            </image:image>
      </url>
      <url>
            <loc>https://www.dyingeconomy.com/excess-demand.html</loc>
            <lastmod>2025-12-10T09:24:52.000000Z</lastmod>
            <image:image>
              <image:loc>https://www.dyingeconomy.com/images/excess_demand_graph_001.jpg</image:loc>
              <image:caption>Excess Demand Graph</image:caption>
            </image:image>
            <image:image>
              <image:loc>https://www.dyingeconomy.com/images/market_equilibrium.jpg</image:loc>
              <image:caption>Market Equilibrium price and quantity</image:caption>
            </image:image>
            <image:image>
              <image:loc>https://www.dyingeconomy.com/images/S.Bain_photo.jpg</image:loc>
              <image:caption>Steve Bain</image:caption>
            </image:image>
      </url>
      <url>
            <loc>https://www.dyingeconomy.com/excess-supply.html</loc>
            <lastmod>2025-12-10T09:14:22.000000Z</lastmod>
            <image:image>
              <image:loc>https://www.dyingeconomy.com/images/market_equilibrium.jpg</image:loc>
              <image:caption>Market Equilibrium Graph</image:caption>
            </image:image>
            <image:image>
              <image:loc>https://www.dyingeconomy.com/images/excess_supply_graph_002.jpg</image:loc>
              <image:caption>Excess Supply Over-Production</image:caption>
            </image:image>
            <image:image>
              <image:loc>https://www.dyingeconomy.com/images/S.Bain_photo.jpg</image:loc>
              <image:caption>Steve Bain</image:caption>
            </image:image>
            <image:image>
              <image:loc>https://www.dyingeconomy.com/images/excess_supply_graph_001.jpg</image:loc>
              <image:caption>Excess Supply Graph</image:caption>
            </image:image>
      </url>
      <url>
            <loc>https://www.dyingeconomy.com/expansion-path.html</loc>
            <lastmod>2026-01-15T11:34:18.000000Z</lastmod>
            <image:image>
              <image:loc>https://www.dyingeconomy.com/images/short_run_expansion_path.jpg</image:loc>
              <image:caption>Short-Run Expansion Path</image:caption>
            </image:image>
            <image:image>
              <image:loc>https://www.dyingeconomy.com/images/S.Bain_photo.jpg</image:loc>
              <image:caption>Steve Bain</image:caption>
            </image:image>
            <image:image>
              <image:loc>https://www.dyingeconomy.com/images/expansion_path_graph.jpg</image:loc>
              <image:caption>Expansion Path Graph</image:caption>
            </image:image>
      </url>
      <url>
            <loc>https://www.dyingeconomy.com/externalities.html</loc>
            <lastmod>2025-12-10T09:02:22.000000Z</lastmod>
            <image:image>
              <image:loc>https://www.dyingeconomy.com/images/S.Bain_photo.jpg</image:loc>
              <image:caption>Steve Bain</image:caption>
            </image:image>
      </url>
      <url>
            <loc>https://www.dyingeconomy.com/factors-of-production.html</loc>
            <lastmod>2025-12-13T17:56:36.000000Z</lastmod>
            <image:image>
              <image:loc>https://www.dyingeconomy.com/images/S.Bain_photo.jpg</image:loc>
              <image:caption>Steve Bain</image:caption>
            </image:image>
      </url>
      <url>
            <loc>https://www.dyingeconomy.com/financial-repression.html</loc>
            <lastmod>2026-01-22T12:45:37.000000Z</lastmod>
            <image:image>
              <image:loc>https://www.dyingeconomy.com/images/S.Bain_photo.jpg</image:loc>
              <image:caption>Steve Bain</image:caption>
            </image:image>
      </url>
      <url>
            <loc>https://www.dyingeconomy.com/financialization.html</loc>
            <lastmod>2025-12-16T20:24:47.000000Z</lastmod>
            <image:image>
              <image:loc>https://www.dyingeconomy.com/images/S.Bain_photo.jpg</image:loc>
              <image:caption>Steve Bain</image:caption>
            </image:image>
      </url>
      <url>
            <loc>https://www.dyingeconomy.com/fiscal-dominance.html</loc>
            <lastmod>2025-12-07T12:30:57.000000Z</lastmod>
            <image:image>
              <image:loc>https://www.dyingeconomy.com/images/S.Bain_photo.jpg</image:loc>
              <image:caption>Steve Bain</image:caption>
            </image:image>
      </url>
      <url>
            <loc>https://www.dyingeconomy.com/fiscally-responsible.html</loc>
            <lastmod>2026-01-18T07:58:33.000000Z</lastmod>
            <image:image>
              <image:loc>https://www.dyingeconomy.com/images/Debt_GDP_Ratio.jpg</image:loc>
              <image:caption>National Debt to GDP</image:caption>
            </image:image>
            <image:image>
              <image:loc>https://www.dyingeconomy.com/images/CAB.jpg</image:loc>
              <image:caption>Current Account Trade Balance</image:caption>
            </image:image>
            <image:image>
              <image:loc>https://www.dyingeconomy.com/images/S.Bain_photo.jpg</image:loc>
              <image:caption>Steve Bain</image:caption>
            </image:image>
      </url>
      <url>
            <loc>https://www.dyingeconomy.com/fisher-equation.html</loc>
            <lastmod>2026-01-13T08:16:57.000000Z</lastmod>
            <image:image>
              <image:loc>https://www.dyingeconomy.com/images/S.Bain_photo.jpg</image:loc>
              <image:caption>Steve Bain</image:caption>
            </image:image>
            <image:image>
              <image:loc>https://www.dyingeconomy.com/images/Fisher_Equation_Chart.jpg</image:loc>
              <image:caption>US Inflation &amp; Interest Rates</image:caption>
            </image:image>
      </url>
      <url>
            <loc>https://www.dyingeconomy.com/fisher-index.html</loc>
            <lastmod>2023-03-14T10:35:51.000000Z</lastmod>
            <image:image>
              <image:loc>https://www.dyingeconomy.com/images/fisher_index_is_not_ideal.jpg</image:loc>
              <image:caption>The Fisher Index is not ideal</image:caption>
            </image:image>
            <image:image>
              <image:loc>https://www.dyingeconomy.com/images/S.Bain_photo.jpg</image:loc>
              <image:caption>Steve Bain</image:caption>
            </image:image>
      </url>
      <url>
            <loc>https://www.dyingeconomy.com/fixed-input.html</loc>
            <lastmod>2025-12-14T15:51:17.000000Z</lastmod>
            <image:image>
              <image:loc>https://www.dyingeconomy.com/images/S.Bain_photo.jpg</image:loc>
              <image:caption>Steve Bain</image:caption>
            </image:image>
      </url>
      <url>
            <loc>https://www.dyingeconomy.com/floating-vs-fixed-exchange-rates.html</loc>
            <lastmod>2025-12-21T12:46:48.000000Z</lastmod>
            <image:image>
              <image:loc>https://www.dyingeconomy.com/images/S.Bain_photo.jpg</image:loc>
              <image:caption>Steve Bain</image:caption>
            </image:image>
      </url>
      <url>
            <loc>https://www.dyingeconomy.com/fractional-reserve-banking.html</loc>
            <lastmod>2026-01-24T19:04:34.000000Z</lastmod>
            <image:image>
              <image:loc>https://www.dyingeconomy.com/images/CAB.jpg</image:loc>
              <image:caption>UK &amp; US Trade Deficit</image:caption>
            </image:image>
            <image:image>
              <image:loc>https://www.dyingeconomy.com/images/S.Bain_photo.jpg</image:loc>
              <image:caption>Steve Bain</image:caption>
            </image:image>
      </url>
      <url>
            <loc>https://www.dyingeconomy.com/free-rider.html</loc>
            <lastmod>2025-12-10T08:49:29.000000Z</lastmod>
            <image:image>
              <image:loc>https://www.dyingeconomy.com/images/S.Bain_photo.jpg</image:loc>
              <image:caption>Steve Bain</image:caption>
            </image:image>
      </url>
      <url>
            <loc>https://www.dyingeconomy.com/frictional-unemployment.html</loc>
            <lastmod>2026-01-16T13:20:08.000000Z</lastmod>
            <image:image>
              <image:loc>https://www.dyingeconomy.com/images/S.Bain_photo.jpg</image:loc>
              <image:caption>Steve Bain</image:caption>
            </image:image>
      </url>
      <url>
            <loc>https://www.dyingeconomy.com/full-reserve-banking.html</loc>
            <lastmod>2026-01-24T19:11:37.000000Z</lastmod>
            <image:image>
              <image:loc>https://www.dyingeconomy.com/images/S.Bain_photo.jpg</image:loc>
              <image:caption>Steve Bain</image:caption>
            </image:image>
      </url>
      <url>
            <loc>https://www.dyingeconomy.com/galloping-inflation.html</loc>
            <lastmod>2023-06-02T17:06:54.000000Z</lastmod>
            <image:image>
              <image:loc>https://www.dyingeconomy.com/images/S.Bain_photo.jpg</image:loc>
              <image:caption>Steve Bain</image:caption>
            </image:image>
            <image:image>
              <image:loc>https://www.dyingeconomy.com/images/galloping_inflation_001.jpg</image:loc>
              <image:caption>Galloping Inflation Graph</image:caption>
            </image:image>
            <image:image>
              <image:loc>https://www.dyingeconomy.com/images/zimbabwe_inflation.jpg</image:loc>
              <image:caption>Zimbabwe Inflation</image:caption>
            </image:image>
            <image:image>
              <image:loc>https://www.dyingeconomy.com/images/venezuela_inflation.jpg</image:loc>
              <image:caption>Venezuela Inflation</image:caption>
            </image:image>
      </url>
      <url>
            <loc>https://www.dyingeconomy.com/game-theory.html</loc>
            <lastmod>2025-12-11T11:35:14.000000Z</lastmod>
            <image:image>
              <image:loc>https://www.dyingeconomy.com/images/S.Bain_photo.jpg</image:loc>
              <image:caption>Steve Bain</image:caption>
            </image:image>
      </url>
      <url>
            <loc>https://www.dyingeconomy.com/gdp-deflator-vs-cpi.html</loc>
            <lastmod>2023-03-14T11:16:33.000000Z</lastmod>
            <image:image>
              <image:loc>https://www.dyingeconomy.com/images/S.Bain_photo.jpg</image:loc>
              <image:caption>Steve Bain</image:caption>
            </image:image>
      </url>
      <url>
            <loc>https://www.dyingeconomy.com/giffen-goods.html</loc>
            <lastmod>2026-01-11T14:15:57.000000Z</lastmod>
            <image:image>
              <image:loc>https://www.dyingeconomy.com/images/giffen_good_graph.jpg</image:loc>
              <image:caption>Giffen Good Graph</image:caption>
            </image:image>
            <image:image>
              <image:loc>https://www.dyingeconomy.com/images/S.Bain_photo.jpg</image:loc>
              <image:caption>Steve Bain</image:caption>
            </image:image>
      </url>
      <url>
            <loc>https://www.dyingeconomy.com/gini-coefficient.html</loc>
            <lastmod>2025-12-21T13:29:25.000000Z</lastmod>
            <image:image>
              <image:loc>https://www.dyingeconomy.com/images/ginidata6.jpg</image:loc>
              <image:caption>Historical UK Gini-Coefficient</image:caption>
            </image:image>
            <image:image>
              <image:loc>https://www.dyingeconomy.com/images/IIrelationship.jpg</image:loc>
              <image:caption>Gini Coefficient in rich countries and poor countries</image:caption>
            </image:image>
            <image:image>
              <image:loc>https://www.dyingeconomy.com/images/unem_table001.jpg</image:loc>
              <image:caption>1980s recession unemployment data</image:caption>
            </image:image>
            <image:image>
              <image:loc>https://www.dyingeconomy.com/images/Lorenz2.jpg</image:loc>
              <image:caption>Lorenz Curve graph</image:caption>
            </image:image>
            <image:image>
              <image:loc>https://www.dyingeconomy.com/images/S.Bain_photo.jpg</image:loc>
              <image:caption>Steve Bain</image:caption>
            </image:image>
      </url>
      <url>
            <loc>https://www.dyingeconomy.com/global-currency-reset.html</loc>
            <lastmod>2025-12-12T08:04:10.000000Z</lastmod>
            <image:image>
              <image:loc>https://www.dyingeconomy.com/images/S.Bain_photo.jpg</image:loc>
              <image:caption>Steve Bain</image:caption>
            </image:image>
      </url>
      <url>
            <loc>https://www.dyingeconomy.com/global-debt-crisis.html</loc>
            <lastmod>2025-12-05T12:08:31.000000Z</lastmod>
            <image:image>
              <image:loc>https://www.dyingeconomy.com/images/S.Bain_photo.jpg</image:loc>
              <image:caption>Steve Bain</image:caption>
            </image:image>
      </url>
      <url>
            <loc>https://www.dyingeconomy.com/global-liquidity-crisis.html</loc>
            <lastmod>2026-01-20T15:51:17.000000Z</lastmod>
            <image:image>
              <image:loc>https://www.dyingeconomy.com/images/S.Bain_photo.jpg</image:loc>
              <image:caption>Steve Bain</image:caption>
            </image:image>
      </url>
      <url>
            <loc>https://www.dyingeconomy.com/glossary.html</loc>
            <lastmod>2026-01-11T08:25:28.000000Z</lastmod>
      </url>
      <url>
            <loc>https://www.dyingeconomy.com/hidden-unemployment.html</loc>
            <lastmod>2024-02-13T11:26:48.000000Z</lastmod>
            <image:image>
              <image:loc>https://www.dyingeconomy.com/images/S.Bain_photo.jpg</image:loc>
              <image:caption>Steve Bain</image:caption>
            </image:image>
      </url>
      <url>
            <loc>https://www.dyingeconomy.com/homogeneous-products.html</loc>
            <lastmod>2026-01-13T08:19:33.000000Z</lastmod>
            <image:image>
              <image:loc>https://www.dyingeconomy.com/images/homogeneous_products_price_discovery_graph.jpg</image:loc>
              <image:caption>Homogeneous Products Price Discovery Graph</image:caption>
            </image:image>
            <image:image>
              <image:loc>https://www.dyingeconomy.com/images/S.Bain_photo.jpg</image:loc>
              <image:caption>Steve Bain</image:caption>
            </image:image>
      </url>
      <url>
            <loc>https://www.dyingeconomy.com/how-do-lower-taxes-affect-aggregate-demand.html</loc>
            <lastmod>2026-01-18T08:13:05.000000Z</lastmod>
            <image:image>
              <image:loc>https://www.dyingeconomy.com/images/ADcurvemin.jpg</image:loc>
              <image:caption>Tax cuts shift aggregate demand to the right.</image:caption>
            </image:image>
            <image:image>
              <image:loc>https://www.dyingeconomy.com/images/S.Bain_photo.jpg</image:loc>
              <image:caption>Steve Bain</image:caption>
            </image:image>
      </url>
      <url>
            <loc>https://www.dyingeconomy.com/how-does-government-spending-affect-aggregate-demand.html</loc>
            <lastmod>2026-01-18T10:16:18.000000Z</lastmod>
            <image:image>
              <image:loc>https://www.dyingeconomy.com/images/ADcurvemin.jpg</image:loc>
              <image:caption>Extra Government spending increases aggregate demand.</image:caption>
            </image:image>
            <image:image>
              <image:loc>https://www.dyingeconomy.com/images/S.Bain_photo.jpg</image:loc>
              <image:caption>Steve Bain</image:caption>
            </image:image>
      </url>
      <url>
            <loc>https://www.dyingeconomy.com/how-to-beat-stagflation.html</loc>
            <lastmod>2024-10-25T07:13:57.000000Z</lastmod>
            <image:image>
              <image:loc>https://www.dyingeconomy.com/images/S.Bain_photo.jpg</image:loc>
              <image:caption>Steve Bain</image:caption>
            </image:image>
      </url>
      <url>
            <loc>https://www.dyingeconomy.com/how-to-calculate-aggregate-demand.html</loc>
            <lastmod>2026-01-18T08:15:15.000000Z</lastmod>
            <image:image>
              <image:loc>https://www.dyingeconomy.com/images/aggregate_demand_calculation.jpg</image:loc>
              <image:caption>Aggregate Demand calculation</image:caption>
            </image:image>
            <image:image>
              <image:loc>https://www.dyingeconomy.com/images/S.Bain_photo.jpg</image:loc>
              <image:caption>Steve Bain</image:caption>
            </image:image>
      </url>
      <url>
            <loc>https://www.dyingeconomy.com/how-to-stop-inflation.html</loc>
            <lastmod>2025-11-19T12:10:39.000000Z</lastmod>
            <image:image>
              <image:loc>https://www.dyingeconomy.com/images/S.Bain_photo.jpg</image:loc>
              <image:caption>Steve Bain</image:caption>
            </image:image>
      </url>
      <url>
            <loc>https://www.dyingeconomy.com/human-capital-investment.html</loc>
            <lastmod>2025-12-21T13:34:27.000000Z</lastmod>
            <image:image>
              <image:loc>https://www.dyingeconomy.com/images/S.Bain_photo.jpg</image:loc>
              <image:caption>Steve Bain</image:caption>
            </image:image>
      </url>
      <url>
            <loc>https://www.dyingeconomy.com/hyperinflation.html</loc>
            <lastmod>2023-06-02T16:48:27.000000Z</lastmod>
            <image:image>
              <image:loc>https://www.dyingeconomy.com/images/S.Bain_photo.jpg</image:loc>
              <image:caption>Steve Bain</image:caption>
            </image:image>
      </url>
      <url>
            <loc>https://www.dyingeconomy.com/implementation-lag.html</loc>
            <lastmod>2025-12-20T11:26:59.000000Z</lastmod>
            <image:image>
              <image:loc>https://www.dyingeconomy.com/images/S.Bain_photo.jpg</image:loc>
              <image:caption>Steve Bain</image:caption>
            </image:image>
            <image:image>
              <image:loc>https://www.dyingeconomy.com/images/satabilization_policy_lags.jpg</image:loc>
              <image:caption>Economic Policy Lags</image:caption>
            </image:image>
      </url>
      <url>
            <loc>https://www.dyingeconomy.com/imported-inflation.html</loc>
            <lastmod>2025-11-19T12:28:13.000000Z</lastmod>
            <image:image>
              <image:loc>https://www.dyingeconomy.com/images/imported_inflation_graph.jpg</image:loc>
              <image:caption>Imported Inflation Graph</image:caption>
            </image:image>
            <image:image>
              <image:loc>https://www.dyingeconomy.com/images/S.Bain_photo.jpg</image:loc>
              <image:caption>Steve Bain</image:caption>
            </image:image>
      </url>
      <url>
            <loc>https://www.dyingeconomy.com/income-effect.html</loc>
            <lastmod>2026-01-04T20:19:45.000000Z</lastmod>
            <image:image>
              <image:loc>https://www.dyingeconomy.com/images/income_effect_graph_01.jpg</image:loc>
              <image:caption>Income Effect Graph</image:caption>
            </image:image>
            <image:image>
              <image:loc>https://www.dyingeconomy.com/images/S.Bain_photo.jpg</image:loc>
              <image:caption>Steve Bain</image:caption>
            </image:image>
      </url>
      <url>
            <loc>https://www.dyingeconomy.com/income-elasticity-of-demand.html</loc>
            <lastmod>2025-12-18T11:24:47.000000Z</lastmod>
            <image:image>
              <image:loc>https://www.dyingeconomy.com/images/income_elasticity_of_demand_graph.jpg</image:loc>
              <image:caption>Income Elasticity of Demand Graph</image:caption>
            </image:image>
            <image:image>
              <image:loc>https://www.dyingeconomy.com/images/S.Bain_photo.jpg</image:loc>
              <image:caption>Steve Bain</image:caption>
            </image:image>
      </url>
      <url>
            <loc>https://www.dyingeconomy.com/increasing-cost-industry.html</loc>
            <lastmod>2026-01-11T10:26:14.000000Z</lastmod>
            <image:image>
              <image:loc>https://www.dyingeconomy.com/images/S.Bain_photo.jpg</image:loc>
              <image:caption>Steve Bain</image:caption>
            </image:image>
            <image:image>
              <image:loc>https://www.dyingeconomy.com/images/increasing_cost_industry_graph.jpg</image:loc>
              <image:caption>Increasing Cost Industry Graph</image:caption>
            </image:image>
      </url>
      <url>
            <loc>https://www.dyingeconomy.com/indifference-curve.html</loc>
            <lastmod>2026-01-13T08:04:02.000000Z</lastmod>
            <image:image>
              <image:loc>https://www.dyingeconomy.com/images/indifference_curve_001.jpg</image:loc>
              <image:caption>Indifference Curve Graph</image:caption>
            </image:image>
            <image:image>
              <image:loc>https://www.dyingeconomy.com/images/indifference_curve_003.jpg</image:loc>
              <image:caption>Indifference Curves cannot intersect</image:caption>
            </image:image>
            <image:image>
              <image:loc>https://www.dyingeconomy.com/images/indifference_curve_002.jpg</image:loc>
              <image:caption>Indifference Map</image:caption>
            </image:image>
            <image:image>
              <image:loc>https://www.dyingeconomy.com/images/S.Bain_photo.jpg</image:loc>
              <image:caption>Steve Bain</image:caption>
            </image:image>
      </url>
      <url>
            <loc>https://www.dyingeconomy.com/induced-consumption.html</loc>
            <lastmod>2026-01-18T09:30:26.000000Z</lastmod>
            <image:image>
              <image:loc>https://www.dyingeconomy.com/images/S.Bain_photo.jpg</image:loc>
              <image:caption>Steve Bain</image:caption>
            </image:image>
      </url>
      <url>
            <loc>https://www.dyingeconomy.com/inferior-goods.html</loc>
            <lastmod>2025-12-18T11:19:37.000000Z</lastmod>
            <image:image>
              <image:loc>https://www.dyingeconomy.com/images/S.Bain_photo.jpg</image:loc>
              <image:caption>Steve Bain</image:caption>
            </image:image>
            <image:image>
              <image:loc>https://www.dyingeconomy.com/images/engel_curve.jpg</image:loc>
              <image:caption>Inferior Goods Graph</image:caption>
            </image:image>
      </url>
      <url>
            <loc>https://www.dyingeconomy.com/inflation-vs-deflation.html</loc>
            <lastmod>2025-11-22T09:47:37.000000Z</lastmod>
            <image:image>
              <image:loc>https://www.dyingeconomy.com/images/ASshift2.jpg</image:loc>
              <image:caption>Aggregate Supply Contraction</image:caption>
            </image:image>
            <image:image>
              <image:loc>https://www.dyingeconomy.com/images/M2_FRED_Data.jpg</image:loc>
              <image:caption>M2 Growth 2006-2023</image:caption>
            </image:image>
            <image:image>
              <image:loc>https://www.dyingeconomy.com/images/S.Bain_photo.jpg</image:loc>
              <image:caption>Steve Bain</image:caption>
            </image:image>
      </url>
      <url>
            <loc>https://www.dyingeconomy.com/inflation.html</loc>
            <lastmod>2026-01-10T11:13:29.000000Z</lastmod>
            <image:image>
              <image:loc>https://www.dyingeconomy.com/images/USA1970.jpg</image:loc>
              <image:caption>1970s US Inflation &amp; Unemployment graph.</image:caption>
            </image:image>
            <image:image>
              <image:loc>https://www.dyingeconomy.com/images/USA1960.jpg</image:loc>
              <image:caption>1960s US Inflation &amp; Unemployment graph.</image:caption>
            </image:image>
            <image:image>
              <image:loc>https://www.dyingeconomy.com/images/S.Bain_photo.jpg</image:loc>
              <image:caption>Steve Bain</image:caption>
            </image:image>
      </url>
      <url>
            <loc>https://www.dyingeconomy.com/interest-rate-and-money-supply.html</loc>
            <lastmod>2026-01-18T20:32:04.000000Z</lastmod>
            <image:image>
              <image:loc>https://www.dyingeconomy.com/images/IntMon001.jpg</image:loc>
              <image:caption>Debt Monetization Diagram</image:caption>
            </image:image>
            <image:image>
              <image:loc>https://www.dyingeconomy.com/images/S.Bain_photo.jpg</image:loc>
              <image:caption>Steve Bain</image:caption>
            </image:image>
            <image:image>
              <image:loc>https://www.dyingeconomy.com/images/IntMon002.jpg</image:loc>
              <image:caption>IS and LM curve shifts</image:caption>
            </image:image>
      </url>
      <url>
            <loc>https://www.dyingeconomy.com/intertemporal-budget-constraint.html</loc>
            <lastmod>2025-12-16T11:00:07.000000Z</lastmod>
            <image:image>
              <image:loc>https://www.dyingeconomy.com/images/intertemporal_budget_constraint_002.jpg</image:loc>
              <image:caption>Intertemporal Budget Constraint and Interest Rates</image:caption>
            </image:image>
            <image:image>
              <image:loc>https://www.dyingeconomy.com/images/S.Bain_photo.jpg</image:loc>
              <image:caption>Steve Bain</image:caption>
            </image:image>
            <image:image>
              <image:loc>https://www.dyingeconomy.com/images/intertemporal_budget_constraint_001.jpg</image:loc>
              <image:caption>Intertemporal Budget Constraint and Indifference Curve</image:caption>
            </image:image>
      </url>
      <url>
            <loc>https://www.dyingeconomy.com/inventory-investment.html</loc>
            <lastmod>2026-01-18T10:18:29.000000Z</lastmod>
            <image:image>
              <image:loc>https://www.dyingeconomy.com/images/InventoryInestment004.jpg</image:loc>
              <image:caption>US Inventory Investment Fluctuations 1970-2019</image:caption>
            </image:image>
            <image:image>
              <image:loc>https://www.dyingeconomy.com/images/S.Bain_photo.jpg</image:loc>
              <image:caption>Steve Bain</image:caption>
            </image:image>
      </url>
      <url>
            <loc>https://www.dyingeconomy.com/inverse-demand-function.html</loc>
            <lastmod>2026-01-12T10:30:40.000000Z</lastmod>
            <image:image>
              <image:loc>https://www.dyingeconomy.com/images/inverse_demand_function_graph.jpg</image:loc>
              <image:caption>Inverse Demand Function Graph</image:caption>
            </image:image>
            <image:image>
              <image:loc>https://www.dyingeconomy.com/images/demand_schedule_apple_pie.jpg</image:loc>
              <image:caption>Demand Schedule for Apple Pie</image:caption>
            </image:image>
            <image:image>
              <image:loc>https://www.dyingeconomy.com/images/S.Bain_photo.jpg</image:loc>
              <image:caption>Steve Bain</image:caption>
            </image:image>
      </url>
      <url>
            <loc>https://www.dyingeconomy.com/investment-spending.html</loc>
            <lastmod>2026-01-18T20:26:13.000000Z</lastmod>
            <image:image>
              <image:loc>https://www.dyingeconomy.com/images/InvestmentSpending002.jpg</image:loc>
              <image:caption>Investment Spending Origins</image:caption>
            </image:image>
            <image:image>
              <image:loc>https://www.dyingeconomy.com/images/InvestmentSpending000.jpg</image:loc>
              <image:caption>Investment Spending</image:caption>
            </image:image>
            <image:image>
              <image:loc>https://www.dyingeconomy.com/images/S.Bain_photo.jpg</image:loc>
              <image:caption>Steve Bain</image:caption>
            </image:image>
            <image:image>
              <image:loc>https://www.dyingeconomy.com/images/InvestmentDemand001a.jpg</image:loc>
              <image:caption>Investment Spending Breakdown</image:caption>
            </image:image>
      </url>
      <url>
            <loc>https://www.dyingeconomy.com/invisible-hand.html</loc>
            <lastmod>2025-12-13T14:30:05.000000Z</lastmod>
            <image:image>
              <image:loc>https://www.dyingeconomy.com/images/S.Bain_photo.jpg</image:loc>
              <image:caption>Steve Bain</image:caption>
            </image:image>
      </url>
      <url>
            <loc>https://www.dyingeconomy.com/is-curve.html</loc>
            <lastmod>2026-01-18T08:17:59.000000Z</lastmod>
            <image:image>
              <image:loc>https://www.dyingeconomy.com/images/IScurve3.jpg</image:loc>
              <image:caption>IS Curve Fiscal Policy</image:caption>
            </image:image>
            <image:image>
              <image:loc>https://www.dyingeconomy.com/images/ISderived.jpg</image:loc>
              <image:caption>Derivation of the IS Curve</image:caption>
            </image:image>
            <image:image>
              <image:loc>https://www.dyingeconomy.com/images/S.Bain_photo.jpg</image:loc>
              <image:caption>Steve Bain</image:caption>
            </image:image>
            <image:image>
              <image:loc>https://www.dyingeconomy.com/images/IScurve2.jpg</image:loc>
              <image:caption>IS Curve slope</image:caption>
            </image:image>
      </url>
      <url>
            <loc>https://www.dyingeconomy.com/is-lm-model.html</loc>
            <lastmod>2026-01-18T10:21:05.000000Z</lastmod>
            <image:image>
              <image:loc>https://www.dyingeconomy.com/images/ISLM001.jpg</image:loc>
              <image:caption>IS-LM Diagram</image:caption>
            </image:image>
            <image:image>
              <image:loc>https://www.dyingeconomy.com/images/LM0001.jpg</image:loc>
              <image:caption>IS-LM Model Monetary Policy</image:caption>
            </image:image>
            <image:image>
              <image:loc>https://www.dyingeconomy.com/images/S.Bain_photo.jpg</image:loc>
              <image:caption>Steve Bain</image:caption>
            </image:image>
            <image:image>
              <image:loc>https://www.dyingeconomy.com/images/ISLM004.jpg</image:loc>
              <image:caption>Aggregate Demand Derived</image:caption>
            </image:image>
            <image:image>
              <image:loc>https://www.dyingeconomy.com/images/IS0001.jpg</image:loc>
              <image:caption>IS-LM Model Fiscal Policy</image:caption>
            </image:image>
      </url>
      <url>
            <loc>https://www.dyingeconomy.com/is-stagflation-worse-than-recession.html</loc>
            <lastmod>2025-11-19T12:04:11.000000Z</lastmod>
            <image:image>
              <image:loc>https://www.dyingeconomy.com/images/recession_vs_stagflation.jpg</image:loc>
              <image:caption>Recession Vs Stagflation</image:caption>
            </image:image>
            <image:image>
              <image:loc>https://www.dyingeconomy.com/images/S.Bain_photo.jpg</image:loc>
              <image:caption>Steve Bain</image:caption>
            </image:image>
      </url>
      <url>
            <loc>https://www.dyingeconomy.com/isocost-line.html</loc>
            <lastmod>2026-01-12T10:57:18.000000Z</lastmod>
            <image:image>
              <image:loc>https://www.dyingeconomy.com/images/isocost_line.jpg</image:loc>
              <image:caption>Isocost Line Graph</image:caption>
            </image:image>
            <image:image>
              <image:loc>https://www.dyingeconomy.com/images/S.Bain_photo.jpg</image:loc>
              <image:caption>Steve Bain</image:caption>
            </image:image>
      </url>
      <url>
            <loc>https://www.dyingeconomy.com/isoquant.html</loc>
            <lastmod>2026-01-13T07:59:06.000000Z</lastmod>
            <image:image>
              <image:loc>https://www.dyingeconomy.com/images/isoquant_chart.jpg</image:loc>
              <image:caption>Isoquant Chart</image:caption>
            </image:image>
            <image:image>
              <image:loc>https://www.dyingeconomy.com/images/isoquant_graph.jpg</image:loc>
              <image:caption>Isoquant Graph</image:caption>
            </image:image>
            <image:image>
              <image:loc>https://www.dyingeconomy.com/images/S.Bain_photo.jpg</image:loc>
              <image:caption>Steve Bain</image:caption>
            </image:image>
            <image:image>
              <image:loc>https://www.dyingeconomy.com/images/isoquant_map.jpg</image:loc>
              <image:caption>Isoquant Map</image:caption>
            </image:image>
      </url>
      <url>
            <loc>https://www.dyingeconomy.com/japanification.html</loc>
            <lastmod>2025-11-25T08:43:44.000000Z</lastmod>
            <image:image>
              <image:loc>https://www.dyingeconomy.com/images/S.Bain_photo.jpg</image:loc>
              <image:caption>Steve Bain</image:caption>
            </image:image>
      </url>
      <url>
            <loc>https://www.dyingeconomy.com/k-shaped-economy.html</loc>
            <lastmod>2026-01-11T08:17:44.000000Z</lastmod>
            <image:image>
              <image:loc>https://www.dyingeconomy.com/images/S.Bain_photo.jpg</image:loc>
              <image:caption>Steve Bain</image:caption>
            </image:image>
      </url>
      <url>
            <loc>https://www.dyingeconomy.com/keynesian-multiplier.html</loc>
            <lastmod>2026-01-16T13:08:21.000000Z</lastmod>
            <image:image>
              <image:loc>https://www.dyingeconomy.com/images/mult02.jpg</image:loc>
              <image:caption>Diagram of Keynesian multiplier showing larger national income change from a small shift in aggregate demand.</image:caption>
            </image:image>
            <image:image>
              <image:loc>https://www.dyingeconomy.com/images/mult01.jpg</image:loc>
              <image:caption>Keynesian multiplier graph: effect of tax policy on aggregate demand and national income.</image:caption>
            </image:image>
            <image:image>
              <image:loc>https://www.dyingeconomy.com/images/S.Bain_photo.jpg</image:loc>
              <image:caption>Steve Bain</image:caption>
            </image:image>
      </url>
      <url>
            <loc>https://www.dyingeconomy.com/keynesian-theory-of-consumption.html</loc>
            <lastmod>2026-01-18T10:26:02.000000Z</lastmod>
            <image:image>
              <image:loc>https://www.dyingeconomy.com/images/S.Bain_photo.jpg</image:loc>
              <image:caption>Steve Bain</image:caption>
            </image:image>
      </url>
      <url>
            <loc>https://www.dyingeconomy.com/labor-force-participation-rate.html</loc>
            <lastmod>2025-11-19T12:49:10.000000Z</lastmod>
            <image:image>
              <image:loc>https://www.dyingeconomy.com/images/labor_force_participation_rate.jpg</image:loc>
              <image:caption>US Labor Force Participation Rate</image:caption>
            </image:image>
            <image:image>
              <image:loc>https://www.dyingeconomy.com/images/S.Bain_photo.jpg</image:loc>
              <image:caption>Steve Bain</image:caption>
            </image:image>
      </url>
      <url>
            <loc>https://www.dyingeconomy.com/laspeyres-index.html</loc>
            <lastmod>2023-03-14T10:32:26.000000Z</lastmod>
            <image:image>
              <image:loc>https://www.dyingeconomy.com/images/S.Bain_photo.jpg</image:loc>
              <image:caption>Steve Bain</image:caption>
            </image:image>
      </url>
      <url>
            <loc>https://www.dyingeconomy.com/law-of-diminishing-returns.html</loc>
            <lastmod>2026-01-14T20:42:38.000000Z</lastmod>
            <image:image>
              <image:loc>https://www.dyingeconomy.com/images/diminishing_marginal_returns.jpg</image:loc>
              <image:caption>Diminishing Marginal Returns</image:caption>
            </image:image>
            <image:image>
              <image:loc>https://www.dyingeconomy.com/images/S.Bain_photo.jpg</image:loc>
              <image:caption>Steve Bain</image:caption>
            </image:image>
      </url>
      <url>
            <loc>https://www.dyingeconomy.com/leakages-and-injections.html</loc>
            <lastmod>2026-01-03T20:25:43.000000Z</lastmod>
            <image:image>
              <image:loc>https://www.dyingeconomy.com/images/S.Bain_photo.jpg</image:loc>
              <image:caption>Steve Bain</image:caption>
            </image:image>
      </url>
      <url>
            <loc>https://www.dyingeconomy.com/legislative-lag.html</loc>
            <lastmod>2025-12-20T11:24:43.000000Z</lastmod>
            <image:image>
              <image:loc>https://www.dyingeconomy.com/images/S.Bain_photo.jpg</image:loc>
              <image:caption>Steve Bain</image:caption>
            </image:image>
            <image:image>
              <image:loc>https://www.dyingeconomy.com/images/satabilization_policy_lags.jpg</image:loc>
              <image:caption>Policy Lag Chart</image:caption>
            </image:image>
      </url>
      <url>
            <loc>https://www.dyingeconomy.com/lerner-index.html</loc>
            <lastmod>2026-01-16T13:17:02.000000Z</lastmod>
            <image:image>
              <image:loc>https://www.dyingeconomy.com/images/S.Bain_photo.jpg</image:loc>
              <image:caption>Steve Bain</image:caption>
            </image:image>
      </url>
      <url>
            <loc>https://www.dyingeconomy.com/linear-demand-curve.html</loc>
            <lastmod>2025-12-18T11:31:42.000000Z</lastmod>
            <image:image>
              <image:loc>https://www.dyingeconomy.com/images/linear_demand_curve.jpg</image:loc>
              <image:caption>Linear Demand Curve Graph</image:caption>
            </image:image>
            <image:image>
              <image:loc>https://www.dyingeconomy.com/images/S.Bain_photo.jpg</image:loc>
              <image:caption>Steve Bain</image:caption>
            </image:image>
      </url>
      <url>
            <loc>https://www.dyingeconomy.com/liquidity-crisis.html</loc>
            <lastmod>2026-01-24T19:08:05.000000Z</lastmod>
            <image:image>
              <image:loc>https://www.dyingeconomy.com/images/S.Bain_photo.jpg</image:loc>
              <image:caption>Steve Bain</image:caption>
            </image:image>
      </url>
      <url>
            <loc>https://www.dyingeconomy.com/liquidity-preference-theory.html</loc>
            <lastmod>2026-01-22T12:21:51.000000Z</lastmod>
            <image:image>
              <image:loc>https://www.dyingeconomy.com/images/S.Bain_photo.jpg</image:loc>
              <image:caption>Steve Bain</image:caption>
            </image:image>
      </url>
      <url>
            <loc>https://www.dyingeconomy.com/liquidity-trap.html</loc>
            <lastmod>2026-01-13T08:29:26.000000Z</lastmod>
            <image:image>
              <image:loc>https://www.dyingeconomy.com/images/LTrap002.jpg</image:loc>
              <image:caption>Liquidity Trap Graph</image:caption>
            </image:image>
            <image:image>
              <image:loc>https://www.dyingeconomy.com/images/LTrap001.jpg</image:loc>
              <image:caption>IS-LM Classical Case Graph</image:caption>
            </image:image>
            <image:image>
              <image:loc>https://www.dyingeconomy.com/images/LTrap003.jpg</image:loc>
              <image:caption>Liquidity Trap Monetary Policy</image:caption>
            </image:image>
            <image:image>
              <image:loc>https://www.dyingeconomy.com/images/S.Bain_photo.jpg</image:loc>
              <image:caption>Steve Bain</image:caption>
            </image:image>
      </url>
      <url>
            <loc>https://www.dyingeconomy.com/lm-curve.html</loc>
            <lastmod>2026-01-11T15:26:17.000000Z</lastmod>
            <image:image>
              <image:loc>https://www.dyingeconomy.com/images/LMcurve02.jpg</image:loc>
              <image:caption>LM Curve Derived</image:caption>
            </image:image>
            <image:image>
              <image:loc>https://www.dyingeconomy.com/images/LMcurve04.jpg</image:loc>
              <image:caption>Monetary Policy LM Curve shift</image:caption>
            </image:image>
            <image:image>
              <image:loc>https://www.dyingeconomy.com/images/LMcurve01.jpg</image:loc>
              <image:caption>The demand for money</image:caption>
            </image:image>
            <image:image>
              <image:loc>https://www.dyingeconomy.com/images/S.Bain_photo.jpg</image:loc>
              <image:caption>Steve Bain</image:caption>
            </image:image>
      </url>
      <url>
            <loc>https://www.dyingeconomy.com/loanable-funds-theory.html</loc>
            <lastmod>2026-01-22T12:41:55.000000Z</lastmod>
            <image:image>
              <image:loc>https://www.dyingeconomy.com/images/LoanableFunds001.jpg</image:loc>
              <image:caption>Loanable Funds Graph</image:caption>
            </image:image>
            <image:image>
              <image:loc>https://www.dyingeconomy.com/images/S.Bain_photo.jpg</image:loc>
              <image:caption>Steve Bain</image:caption>
            </image:image>
      </url>
      <url>
            <loc>https://www.dyingeconomy.com/long-run-average-cost-curve.html</loc>
            <lastmod>2026-01-08T16:10:41.000000Z</lastmod>
            <image:image>
              <image:loc>https://www.dyingeconomy.com/images/S.Bain_photo.jpg</image:loc>
              <image:caption>Steve Bain</image:caption>
            </image:image>
            <image:image>
              <image:loc>https://www.dyingeconomy.com/images/long_run_average_cost_curve.jpg</image:loc>
              <image:caption>Long Run Average Cost Curve</image:caption>
            </image:image>
      </url>
      <url>
            <loc>https://www.dyingeconomy.com/long-term-debt-cycle.html</loc>
            <lastmod>2026-01-22T21:25:36.000000Z</lastmod>
            <image:image>
              <image:loc>https://www.dyingeconomy.com/images/S.Bain_photo.jpg</image:loc>
              <image:caption>Steve Bain</image:caption>
            </image:image>
      </url>
      <url>
            <loc>https://www.dyingeconomy.com/marginal-cost-of-abatement.html</loc>
            <lastmod>2025-12-10T09:00:04.000000Z</lastmod>
            <image:image>
              <image:loc>https://www.dyingeconomy.com/images/marginal_abatement_cost_curve_01.jpg</image:loc>
              <image:caption>Marginal abatement cost curves for two different firms</image:caption>
            </image:image>
            <image:image>
              <image:loc>https://www.dyingeconomy.com/images/marginal_abatement_cost_curve.jpg</image:loc>
              <image:caption>Marginal Abatement Cost Graph</image:caption>
            </image:image>
            <image:image>
              <image:loc>https://www.dyingeconomy.com/images/S.Bain_photo.jpg</image:loc>
              <image:caption>Steve Bain</image:caption>
            </image:image>
      </url>
      <url>
            <loc>https://www.dyingeconomy.com/marginal-cost.html</loc>
            <lastmod>2026-01-24T09:28:07.000000Z</lastmod>
            <image:image>
              <image:loc>https://www.dyingeconomy.com/images/marginal_cost_graph.jpg</image:loc>
              <image:caption>Marginal Cost Graph</image:caption>
            </image:image>
            <image:image>
              <image:loc>https://www.dyingeconomy.com/images/S.Bain_photo.jpg</image:loc>
              <image:caption>Steve Bain</image:caption>
            </image:image>
      </url>
      <url>
            <loc>https://www.dyingeconomy.com/marginal-external-benefit.html</loc>
            <lastmod>2025-12-10T08:33:59.000000Z</lastmod>
            <image:image>
              <image:loc>https://www.dyingeconomy.com/images/S.Bain_photo.jpg</image:loc>
              <image:caption>Steve Bain</image:caption>
            </image:image>
            <image:image>
              <image:loc>https://www.dyingeconomy.com/images/marginal_external_benefit_graph.jpg</image:loc>
              <image:caption>Marginal External Benefit Graph</image:caption>
            </image:image>
      </url>
      <url>
            <loc>https://www.dyingeconomy.com/marginal-external-cost.html</loc>
            <lastmod>2026-01-13T08:00:32.000000Z</lastmod>
            <image:image>
              <image:loc>https://www.dyingeconomy.com/images/marginal_external_cost_graph.jpg</image:loc>
              <image:caption>Marginal External Cost Graph</image:caption>
            </image:image>
            <image:image>
              <image:loc>https://www.dyingeconomy.com/images/S.Bain_photo.jpg</image:loc>
              <image:caption>Steve Bain</image:caption>
            </image:image>
      </url>
      <url>
            <loc>https://www.dyingeconomy.com/marginal-product-of-capital.html</loc>
            <lastmod>2026-01-12T10:49:50.000000Z</lastmod>
            <image:image>
              <image:loc>https://www.dyingeconomy.com/images/S.Bain_photo.jpg</image:loc>
              <image:caption>Steve Bain</image:caption>
            </image:image>
      </url>
      <url>
            <loc>https://www.dyingeconomy.com/marginal-product-of-labor.html</loc>
            <lastmod>2025-12-11T12:16:58.000000Z</lastmod>
            <image:image>
              <image:loc>https://www.dyingeconomy.com/images/S.Bain_photo.jpg</image:loc>
              <image:caption>Steve Bain</image:caption>
            </image:image>
            <image:image>
              <image:loc>https://www.dyingeconomy.com/images/marginal_product_of_labor_graph.jpg</image:loc>
              <image:caption>Marginal Product of Labor Graph</image:caption>
            </image:image>
      </url>
      <url>
            <loc>https://www.dyingeconomy.com/marginal-propensity-to-consume.html</loc>
            <lastmod>2026-01-12T10:34:40.000000Z</lastmod>
            <image:image>
              <image:loc>https://www.dyingeconomy.com/images/monthly_marginal_propensity_to_consume.jpg</image:loc>
              <image:caption>Monthly Marginal Propensity to Consume</image:caption>
            </image:image>
            <image:image>
              <image:loc>https://www.dyingeconomy.com/images/S.Bain_photo.jpg</image:loc>
              <image:caption>Steve Bain</image:caption>
            </image:image>
            <image:image>
              <image:loc>https://www.dyingeconomy.com/images/annual_marginal_propensity_to_consume.jpg</image:loc>
              <image:caption>Annual Marginal Propensity to Consume</image:caption>
            </image:image>
      </url>
      <url>
            <loc>https://www.dyingeconomy.com/marginal-propensity-to-save.html</loc>
            <lastmod>2026-01-18T09:35:43.000000Z</lastmod>
            <image:image>
              <image:loc>https://www.dyingeconomy.com/images/saving_function_graph.jpg</image:loc>
              <image:caption>Marginal Propensity to Save Graph</image:caption>
            </image:image>
            <image:image>
              <image:loc>https://www.dyingeconomy.com/images/S.Bain_photo.jpg</image:loc>
              <image:caption>Steve Bain</image:caption>
            </image:image>
      </url>
      <url>
            <loc>https://www.dyingeconomy.com/marginal-rate-of-substitution.html</loc>
            <lastmod>2026-01-13T08:07:07.000000Z</lastmod>
            <image:image>
              <image:loc>https://www.dyingeconomy.com/images/marginal_rate_of_substitution_002.jpg</image:loc>
              <image:caption>Diminishing Marginal Rate of Substitution Graph</image:caption>
            </image:image>
            <image:image>
              <image:loc>https://www.dyingeconomy.com/images/S.Bain_photo.jpg</image:loc>
              <image:caption>Steve Bain</image:caption>
            </image:image>
            <image:image>
              <image:loc>https://www.dyingeconomy.com/images/marginal_rate_of_substitution_001.jpg</image:loc>
              <image:caption>Marginal Rate of Substitution Graph</image:caption>
            </image:image>
      </url>
      <url>
            <loc>https://www.dyingeconomy.com/marginal-rate-of-technical-substitution-mrts.html</loc>
            <lastmod>2026-01-12T10:27:47.000000Z</lastmod>
            <image:image>
              <image:loc>https://www.dyingeconomy.com/images/S.Bain_photo.jpg</image:loc>
              <image:caption>Steve Bain</image:caption>
            </image:image>
            <image:image>
              <image:loc>https://www.dyingeconomy.com/images/MRTS_graph.jpg</image:loc>
              <image:caption>MRTS Graph</image:caption>
            </image:image>
      </url>
      <url>
            <loc>https://www.dyingeconomy.com/marginal-rate-of-transformation.html</loc>
            <lastmod>2026-01-12T10:29:21.000000Z</lastmod>
            <image:image>
              <image:loc>https://www.dyingeconomy.com/images/marginal_rate_of_transformation_01.jpg</image:loc>
              <image:caption>The Marginal Rate of Transformation Graph</image:caption>
            </image:image>
            <image:image>
              <image:loc>https://www.dyingeconomy.com/images/marginal_rate_of_transformation_02.jpg</image:loc>
              <image:caption>Different marginal rate of transformation slopes</image:caption>
            </image:image>
            <image:image>
              <image:loc>https://www.dyingeconomy.com/images/S.Bain_photo.jpg</image:loc>
              <image:caption>Steve Bain</image:caption>
            </image:image>
      </url>
      <url>
            <loc>https://www.dyingeconomy.com/marginal-revenue-product.html</loc>
            <lastmod>2026-01-15T15:30:05.000000Z</lastmod>
            <image:image>
              <image:loc>https://www.dyingeconomy.com/images/marginal_revenue_product_graph.jpg</image:loc>
              <image:caption>Marginal Revenue Product Graph</image:caption>
            </image:image>
            <image:image>
              <image:loc>https://www.dyingeconomy.com/images/S.Bain_photo.jpg</image:loc>
              <image:caption>Steve Bain</image:caption>
            </image:image>
      </url>
      <url>
            <loc>https://www.dyingeconomy.com/marginal-revenue.html</loc>
            <lastmod>2026-01-15T20:39:45.000000Z</lastmod>
            <image:image>
              <image:loc>https://www.dyingeconomy.com/images/marginal_revenue_curve_graph.jpg</image:loc>
              <image:caption>Marginal Revenue Curve Graph</image:caption>
            </image:image>
            <image:image>
              <image:loc>https://www.dyingeconomy.com/images/S.Bain_photo.jpg</image:loc>
              <image:caption>Steve Bain</image:caption>
            </image:image>
            <image:image>
              <image:loc>https://www.dyingeconomy.com/images/marginal_revenue_competitive_vs_monopoly.jpg</image:loc>
              <image:caption>Marginal Revenue and Market Structure</image:caption>
            </image:image>
      </url>
      <url>
            <loc>https://www.dyingeconomy.com/marginal-social-benefit.html</loc>
            <lastmod>2026-01-14T20:49:04.000000Z</lastmod>
            <image:image>
              <image:loc>https://www.dyingeconomy.com/images/marginal_social_benefit.jpg</image:loc>
              <image:caption>Marginal social benefit graph</image:caption>
            </image:image>
            <image:image>
              <image:loc>https://www.dyingeconomy.com/images/S.Bain_photo.jpg</image:loc>
              <image:caption>Steve Bain</image:caption>
            </image:image>
      </url>
      <url>
            <loc>https://www.dyingeconomy.com/marginal-social-cost.html</loc>
            <lastmod>2026-01-14T20:40:06.000000Z</lastmod>
            <image:image>
              <image:loc>https://www.dyingeconomy.com/images/marginal_social_cost.jpg</image:loc>
              <image:caption>Marginal Social Cost Graph</image:caption>
            </image:image>
            <image:image>
              <image:loc>https://www.dyingeconomy.com/images/S.Bain_photo.jpg</image:loc>
              <image:caption>Steve Bain</image:caption>
            </image:image>
      </url>
      <url>
            <loc>https://www.dyingeconomy.com/marginal-utility.html</loc>
            <lastmod>2026-01-08T18:11:40.000000Z</lastmod>
            <image:image>
              <image:loc>https://www.dyingeconomy.com/images/diminishing_marginal_utility.jpg</image:loc>
              <image:caption>Diminishing Marginal Utility Graph</image:caption>
            </image:image>
            <image:image>
              <image:loc>https://www.dyingeconomy.com/images/S.Bain_photo.jpg</image:loc>
              <image:caption>Steve Bain</image:caption>
            </image:image>
            <image:image>
              <image:loc>https://www.dyingeconomy.com/images/marginal_utility_example.jpg</image:loc>
              <image:caption>Marginal Utility Example</image:caption>
            </image:image>
      </url>
      <url>
            <loc>https://www.dyingeconomy.com/market-equilibrium.html</loc>
            <lastmod>2026-01-15T20:36:15.000000Z</lastmod>
            <image:image>
              <image:loc>https://www.dyingeconomy.com/images/market_equilibrium_graph.jpg</image:loc>
              <image:caption>Market Equilibrium Graph</image:caption>
            </image:image>
            <image:image>
              <image:loc>https://www.dyingeconomy.com/images/S.Bain_photo.jpg</image:loc>
              <image:caption>Steve Bain</image:caption>
            </image:image>
      </url>
      <url>
            <loc>https://www.dyingeconomy.com/market-failure.html</loc>
            <lastmod>2025-12-10T08:53:52.000000Z</lastmod>
            <image:image>
              <image:loc>https://www.dyingeconomy.com/images/S.Bain_photo.jpg</image:loc>
              <image:caption>Steve Bain</image:caption>
            </image:image>
      </url>
      <url>
            <loc>https://www.dyingeconomy.com/market-signaling.html</loc>
            <lastmod>2025-12-10T08:40:27.000000Z</lastmod>
            <image:image>
              <image:loc>https://www.dyingeconomy.com/images/S.Bain_photo.jpg</image:loc>
              <image:caption>Steve Bain</image:caption>
            </image:image>
      </url>
      <url>
            <loc>https://www.dyingeconomy.com/menu-costs-in-economics.html</loc>
            <lastmod>2023-06-22T11:52:38.000000Z</lastmod>
            <image:image>
              <image:loc>https://www.dyingeconomy.com/images/S.Bain_photo.jpg</image:loc>
              <image:caption>Steve Bain</image:caption>
            </image:image>
      </url>
      <url>
            <loc>https://www.dyingeconomy.com/merit-goods.html</loc>
            <lastmod>2025-12-17T13:22:18.000000Z</lastmod>
            <image:image>
              <image:loc>https://www.dyingeconomy.com/images/S.Bain_photo.jpg</image:loc>
              <image:caption>Steve Bain</image:caption>
            </image:image>
      </url>
      <url>
            <loc>https://www.dyingeconomy.com/minimum-efficient-scale.html</loc>
            <lastmod>2026-01-11T14:21:28.000000Z</lastmod>
            <image:image>
              <image:loc>https://www.dyingeconomy.com/images/S.Bain_photo.jpg</image:loc>
              <image:caption>Steve Bain</image:caption>
            </image:image>
            <image:image>
              <image:loc>https://www.dyingeconomy.com/images/minimum_efficient_scale.jpg</image:loc>
              <image:caption>Minimum Efficient Scale Graph</image:caption>
            </image:image>
      </url>
      <url>
            <loc>https://www.dyingeconomy.com/mississippi-company.html</loc>
            <lastmod>2025-12-16T20:40:48.000000Z</lastmod>
            <image:image>
              <image:loc>https://www.dyingeconomy.com/images/S.Bain_photo.jpg</image:loc>
              <image:caption>Steve Bain</image:caption>
            </image:image>
      </url>
      <url>
            <loc>https://www.dyingeconomy.com/monetary-policy.html</loc>
            <lastmod>2026-01-22T12:51:53.000000Z</lastmod>
            <image:image>
              <image:loc>https://www.dyingeconomy.com/images/USAhpi.jpg</image:loc>
              <image:caption>US house price inflation</image:caption>
            </image:image>
            <image:image>
              <image:loc>https://www.dyingeconomy.com/images/UKhpi2.jpg</image:loc>
              <image:caption>UK house price inflation</image:caption>
            </image:image>
            <image:image>
              <image:loc>https://www.dyingeconomy.com/images/S.Bain_photo.jpg</image:loc>
              <image:caption>Steve Bain</image:caption>
            </image:image>
            <image:image>
              <image:loc>https://www.dyingeconomy.com/images/RIR2.jpg</image:loc>
              <image:caption>Real Interest Rate Chart since 1971.</image:caption>
            </image:image>
      </url>
      <url>
            <loc>https://www.dyingeconomy.com/monetary-transmission-mechanism.html</loc>
            <lastmod>2026-01-22T12:54:54.000000Z</lastmod>
            <image:image>
              <image:loc>https://www.dyingeconomy.com/images/TM0001.jpg</image:loc>
              <image:caption>Expansionary Monetary Policy</image:caption>
            </image:image>
            <image:image>
              <image:loc>https://www.dyingeconomy.com/images/TMechanism005.jpg</image:loc>
              <image:caption>Monetary Transmission Mechanism Stages</image:caption>
            </image:image>
            <image:image>
              <image:loc>https://www.dyingeconomy.com/images/S.Bain_photo.jpg</image:loc>
              <image:caption>Steve Bain</image:caption>
            </image:image>
      </url>
      <url>
            <loc>https://www.dyingeconomy.com/money-creation-in-peace-and-war.html</loc>
            <lastmod>2025-12-16T20:45:25.000000Z</lastmod>
            <image:image>
              <image:loc>https://www.dyingeconomy.com/images/S.Bain_photo.jpg</image:loc>
              <image:caption>Steve Bain</image:caption>
            </image:image>
      </url>
      <url>
            <loc>https://www.dyingeconomy.com/money-illusion.html</loc>
            <lastmod>2026-01-22T21:32:44.000000Z</lastmod>
            <image:image>
              <image:loc>https://www.dyingeconomy.com/images/Phillips5.jpg</image:loc>
              <image:caption>A Short-run Phillips Curve showing the negative relationship between inflation and unemployment.</image:caption>
            </image:image>
            <image:image>
              <image:loc>https://www.dyingeconomy.com/images/S.Bain_photo.jpg</image:loc>
              <image:caption>Steve Bain</image:caption>
            </image:image>
            <image:image>
              <image:loc>https://www.dyingeconomy.com/images/NAIRU.jpg</image:loc>
              <image:caption>The Expectations-Augmented Phillips Curve showing how the short-run tradeoff between inflation and unemployment disappears in the long-run.</image:caption>
            </image:image>
      </url>
      <url>
            <loc>https://www.dyingeconomy.com/money-multiplier.html</loc>
            <lastmod>2026-01-16T12:52:16.000000Z</lastmod>
            <image:image>
              <image:loc>https://www.dyingeconomy.com/images/S.Bain_photo.jpg</image:loc>
              <image:caption>Steve Bain</image:caption>
            </image:image>
      </url>
      <url>
            <loc>https://www.dyingeconomy.com/monopolistic-competition.html</loc>
            <lastmod>2025-12-13T14:02:46.000000Z</lastmod>
            <image:image>
              <image:loc>https://www.dyingeconomy.com/images/S.Bain_photo.jpg</image:loc>
              <image:caption>Steve Bain</image:caption>
            </image:image>
      </url>
      <url>
            <loc>https://www.dyingeconomy.com/moral-hazard.html</loc>
            <lastmod>2025-12-10T09:40:28.000000Z</lastmod>
            <image:image>
              <image:loc>https://www.dyingeconomy.com/images/S.Bain_photo.jpg</image:loc>
              <image:caption>Steve Bain</image:caption>
            </image:image>
      </url>
      <url>
            <loc>https://www.dyingeconomy.com/mundell-fleming-model.html</loc>
            <lastmod>2026-01-12T10:39:53.000000Z</lastmod>
            <image:image>
              <image:loc>https://www.dyingeconomy.com/images/MF003.jpg</image:loc>
              <image:caption>Monetary Policy with Floating Exchange Rates</image:caption>
            </image:image>
            <image:image>
              <image:loc>https://www.dyingeconomy.com/images/MF001.jpg</image:loc>
              <image:caption>Mundell Fleming Model Graph, with a Fixed Exchange Rate</image:caption>
            </image:image>
            <image:image>
              <image:loc>https://www.dyingeconomy.com/images/MF004.jpg</image:loc>
              <image:caption>Fiscal Policy with Floating Exchange Rates</image:caption>
            </image:image>
            <image:image>
              <image:loc>https://www.dyingeconomy.com/images/MF002.jpg</image:loc>
              <image:caption>Fiscal Policy with Fixed Exchange Rates</image:caption>
            </image:image>
            <image:image>
              <image:loc>https://www.dyingeconomy.com/images/S.Bain_photo.jpg</image:loc>
              <image:caption>Steve Bain</image:caption>
            </image:image>
      </url>
      <url>
            <loc>https://www.dyingeconomy.com/mundell-fleming-trilemma.html</loc>
            <lastmod>2026-01-16T12:49:52.000000Z</lastmod>
            <image:image>
              <image:loc>https://www.dyingeconomy.com/images/S.Bain_photo.jpg</image:loc>
              <image:caption>Steve Bain</image:caption>
            </image:image>
            <image:image>
              <image:loc>https://www.dyingeconomy.com/images/MundellTrilemma001.jpg</image:loc>
              <image:caption>Mundell Fleming Trilemma</image:caption>
            </image:image>
      </url>
      <url>
            <loc>https://www.dyingeconomy.com/nairu.html</loc>
            <lastmod>2023-02-14T13:49:46.000000Z</lastmod>
            <image:image>
              <image:loc>https://www.dyingeconomy.com/images/S.Bain_photo.jpg</image:loc>
              <image:caption>Steve Bain</image:caption>
            </image:image>
            <image:image>
              <image:loc>https://www.dyingeconomy.com/images/NAIRU.jpg</image:loc>
              <image:caption>NAIRU Graph</image:caption>
            </image:image>
      </url>
      <url>
            <loc>https://www.dyingeconomy.com/national-income-accounting.html</loc>
            <lastmod>2025-12-21T13:37:31.000000Z</lastmod>
            <image:image>
              <image:loc>https://www.dyingeconomy.com/images/CAB.jpg</image:loc>
              <image:caption>US and UK Trade Deficit Chart</image:caption>
            </image:image>
            <image:image>
              <image:loc>https://www.dyingeconomy.com/images/GDPtable2.jpg</image:loc>
              <image:caption>GDP, GNI and NNI figures for selected countries</image:caption>
            </image:image>
            <image:image>
              <image:loc>https://www.dyingeconomy.com/images/savrates4.jpg</image:loc>
              <image:caption>Savings rates in the G7 countries.</image:caption>
            </image:image>
            <image:image>
              <image:loc>https://www.dyingeconomy.com/images/circular_flow_diagram.jpg</image:loc>
              <image:caption>Circular Flow Diagram</image:caption>
            </image:image>
            <image:image>
              <image:loc>https://www.dyingeconomy.com/images/S.Bain_photo.jpg</image:loc>
              <image:caption>Steve Bain</image:caption>
            </image:image>
      </url>
      <url>
            <loc>https://www.dyingeconomy.com/natural-rate-of-unemployment.html</loc>
            <lastmod>2026-01-15T20:28:50.000000Z</lastmod>
            <image:image>
              <image:loc>https://www.dyingeconomy.com/images/S.Bain_photo.jpg</image:loc>
              <image:caption>Steve Bain</image:caption>
            </image:image>
            <image:image>
              <image:loc>https://www.dyingeconomy.com/images/natural_rate_of_unemployment_graph.jpg</image:loc>
              <image:caption>Natural Rate of Unemployment Graph</image:caption>
            </image:image>
      </url>
      <url>
            <loc>https://www.dyingeconomy.com/negative-output-gap.html</loc>
            <lastmod>2026-01-15T20:20:21.000000Z</lastmod>
            <image:image>
              <image:loc>https://www.dyingeconomy.com/images/recessionary_output_gap.jpg</image:loc>
              <image:caption>Recessionary Output Gap Graph</image:caption>
            </image:image>
            <image:image>
              <image:loc>https://www.dyingeconomy.com/images/S.Bain_photo.jpg</image:loc>
              <image:caption>Steve Bain</image:caption>
            </image:image>
            <image:image>
              <image:loc>https://www.dyingeconomy.com/images/negative_output_gap_graph.jpg</image:loc>
              <image:caption>Negative Output Gap Graph</image:caption>
            </image:image>
      </url>
      <url>
            <loc>https://www.dyingeconomy.com/net-exports-effect.html</loc>
            <lastmod>2026-01-12T09:06:27.000000Z</lastmod>
            <image:image>
              <image:loc>https://www.dyingeconomy.com/images/net_exports_effect_graph.jpg</image:loc>
              <image:caption>Net Exports Effect Graph</image:caption>
            </image:image>
            <image:image>
              <image:loc>https://www.dyingeconomy.com/images/S.Bain_photo.jpg</image:loc>
              <image:caption>Steve Bain</image:caption>
            </image:image>
      </url>
      <url>
            <loc>https://www.dyingeconomy.com/neutrality-of-money.html</loc>
            <lastmod>2026-01-22T12:27:32.000000Z</lastmod>
            <image:image>
              <image:loc>https://www.dyingeconomy.com/images/S.Bain_photo.jpg</image:loc>
              <image:caption>Steve Bain</image:caption>
            </image:image>
      </url>
      <url>
            <loc>https://www.dyingeconomy.com/non-price-competition.html</loc>
            <lastmod>2026-01-15T20:22:51.000000Z</lastmod>
            <image:image>
              <image:loc>https://www.dyingeconomy.com/images/S.Bain_photo.jpg</image:loc>
              <image:caption>Steve Bain</image:caption>
            </image:image>
      </url>
      <url>
            <loc>https://www.dyingeconomy.com/normal-goods.html</loc>
            <lastmod>2025-12-18T16:02:35.000000Z</lastmod>
            <image:image>
              <image:loc>https://www.dyingeconomy.com/images/S.Bain_photo.jpg</image:loc>
              <image:caption>Steve Bain</image:caption>
            </image:image>
            <image:image>
              <image:loc>https://www.dyingeconomy.com/images/engel_curve.jpg</image:loc>
              <image:caption>Normal Goods Graph</image:caption>
            </image:image>
      </url>
      <url>
            <loc>https://www.dyingeconomy.com/operational-lag.html</loc>
            <lastmod>2025-12-20T11:21:45.000000Z</lastmod>
            <image:image>
              <image:loc>https://www.dyingeconomy.com/images/S.Bain_photo.jpg</image:loc>
              <image:caption>Steve Bain</image:caption>
            </image:image>
            <image:image>
              <image:loc>https://www.dyingeconomy.com/images/satabilization_policy_lags.jpg</image:loc>
              <image:caption>Policy Lag Chart</image:caption>
            </image:image>
      </url>
      <url>
            <loc>https://www.dyingeconomy.com/opinion-column.html</loc>
            <lastmod>2025-12-12T08:05:42.000000Z</lastmod>
      </url>
      <url>
            <loc>https://www.dyingeconomy.com/opportunity-cost.html</loc>
            <lastmod>2025-12-14T16:00:09.000000Z</lastmod>
            <image:image>
              <image:loc>https://www.dyingeconomy.com/images/production_possibilities_curve.jpg</image:loc>
              <image:caption>Opportunity Cost PPF Graph</image:caption>
            </image:image>
            <image:image>
              <image:loc>https://www.dyingeconomy.com/images/S.Bain_photo.jpg</image:loc>
              <image:caption>Steve Bain</image:caption>
            </image:image>
      </url>
      <url>
            <loc>https://www.dyingeconomy.com/paasche-index.html</loc>
            <lastmod>2023-03-14T10:33:43.000000Z</lastmod>
            <image:image>
              <image:loc>https://www.dyingeconomy.com/images/S.Bain_photo.jpg</image:loc>
              <image:caption>Steve Bain</image:caption>
            </image:image>
      </url>
      <url>
            <loc>https://www.dyingeconomy.com/panic-of-1907.html</loc>
            <lastmod>2025-12-16T20:55:01.000000Z</lastmod>
            <image:image>
              <image:loc>https://www.dyingeconomy.com/images/S.Bain_photo.jpg</image:loc>
              <image:caption>Steve Bain</image:caption>
            </image:image>
      </url>
      <url>
            <loc>https://www.dyingeconomy.com/paradox-of-thrift.html</loc>
            <lastmod>2026-01-22T21:18:58.000000Z</lastmod>
            <image:image>
              <image:loc>https://www.dyingeconomy.com/images/S.Bain_photo.jpg</image:loc>
              <image:caption>Steve Bain</image:caption>
            </image:image>
      </url>
      <url>
            <loc>https://www.dyingeconomy.com/parallel-conduct.html</loc>
            <lastmod>2025-12-13T13:55:08.000000Z</lastmod>
            <image:image>
              <image:loc>https://www.dyingeconomy.com/images/S.Bain_photo.jpg</image:loc>
              <image:caption>Steve Bain</image:caption>
            </image:image>
            <image:image>
              <image:loc>https://www.dyingeconomy.com/images/scales_of_justice.jpg</image:loc>
              <image:caption>Scales of Justice</image:caption>
            </image:image>
            <image:image>
              <image:loc>https://www.dyingeconomy.com/images/law_enforcement.jpg</image:loc>
              <image:caption>Law Enforcement</image:caption>
            </image:image>
      </url>
      <url>
            <loc>https://www.dyingeconomy.com/pareto-efficiency.html</loc>
            <lastmod>2025-12-10T08:46:35.000000Z</lastmod>
            <image:image>
              <image:loc>https://www.dyingeconomy.com/images/pareto_efficiency_graph.jpg</image:loc>
              <image:caption>Pareto Efficiency Graph</image:caption>
            </image:image>
            <image:image>
              <image:loc>https://www.dyingeconomy.com/images/S.Bain_photo.jpg</image:loc>
              <image:caption>Steve Bain</image:caption>
            </image:image>
      </url>
      <url>
            <loc>https://www.dyingeconomy.com/pent-up-demand.html</loc>
            <lastmod>2026-01-18T10:14:24.000000Z</lastmod>
            <image:image>
              <image:loc>https://www.dyingeconomy.com/images/S.Bain_photo.jpg</image:loc>
              <image:caption>Steve Bain</image:caption>
            </image:image>
      </url>
      <url>
            <loc>https://www.dyingeconomy.com/perfect-competition.html</loc>
            <lastmod>2025-12-13T14:28:03.000000Z</lastmod>
            <image:image>
              <image:loc>https://www.dyingeconomy.com/images/S.Bain_photo.jpg</image:loc>
              <image:caption>Steve Bain</image:caption>
            </image:image>
      </url>
      <url>
            <loc>https://www.dyingeconomy.com/permanent-income-hypothesis.html</loc>
            <lastmod>2026-01-21T11:10:29.000000Z</lastmod>
            <image:image>
              <image:loc>https://www.dyingeconomy.com/images/PIH001.jpg</image:loc>
              <image:caption>US Disposable Income and Consumer Spending Chart from 2000 to 2018, showing strong correlation with each other.</image:caption>
            </image:image>
            <image:image>
              <image:loc>https://www.dyingeconomy.com/images/S.Bain_photo.jpg</image:loc>
              <image:caption>Steve Bain</image:caption>
            </image:image>
      </url>
      <url>
            <loc>https://www.dyingeconomy.com/phillips-curve.html</loc>
            <lastmod>2026-01-08T16:06:18.000000Z</lastmod>
            <image:image>
              <image:loc>https://www.dyingeconomy.com/images/USA2010a.jpg</image:loc>
              <image:caption>US Inflation 2010-18</image:caption>
            </image:image>
            <image:image>
              <image:loc>https://www.dyingeconomy.com/images/USA1970.jpg</image:loc>
              <image:caption>US Inflation 1970-79</image:caption>
            </image:image>
            <image:image>
              <image:loc>https://www.dyingeconomy.com/images/USA1960.jpg</image:loc>
              <image:caption>US Inflation 1960-69</image:caption>
            </image:image>
            <image:image>
              <image:loc>https://www.dyingeconomy.com/images/Phillips5.jpg</image:loc>
              <image:caption>Phillips Curve</image:caption>
            </image:image>
            <image:image>
              <image:loc>https://www.dyingeconomy.com/images/S.Bain_photo.jpg</image:loc>
              <image:caption>Steve Bain</image:caption>
            </image:image>
            <image:image>
              <image:loc>https://www.dyingeconomy.com/images/hpi002.jpg</image:loc>
              <image:caption>US House Price Inflation and Unemployment</image:caption>
            </image:image>
      </url>
      <url>
            <loc>https://www.dyingeconomy.com/pigouvian-subsidy.html</loc>
            <lastmod>2026-01-24T13:45:38.000000Z</lastmod>
            <image:image>
              <image:loc>https://www.dyingeconomy.com/images/pigouvian_subsidy_graph.jpg</image:loc>
              <image:caption>Pigouvian Subsidy Graph</image:caption>
            </image:image>
            <image:image>
              <image:loc>https://www.dyingeconomy.com/images/S.Bain_photo.jpg</image:loc>
              <image:caption>Steve Bain</image:caption>
            </image:image>
      </url>
      <url>
            <loc>https://www.dyingeconomy.com/positive-output-gap.html</loc>
            <lastmod>2026-01-15T20:45:05.000000Z</lastmod>
            <image:image>
              <image:loc>https://www.dyingeconomy.com/images/inflationary_output_gap.jpg</image:loc>
              <image:caption>Inflationary Output Gap Graph</image:caption>
            </image:image>
            <image:image>
              <image:loc>https://www.dyingeconomy.com/images/output_gap_graph.jpg</image:loc>
              <image:caption>Output Gap Graph</image:caption>
            </image:image>
            <image:image>
              <image:loc>https://www.dyingeconomy.com/images/S.Bain_photo.jpg</image:loc>
              <image:caption>Steve Bain</image:caption>
            </image:image>
      </url>
      <url>
            <loc>https://www.dyingeconomy.com/price-consumption-curve.html</loc>
            <lastmod>2026-01-14T20:51:01.000000Z</lastmod>
            <image:image>
              <image:loc>https://www.dyingeconomy.com/images/S.Bain_photo.jpg</image:loc>
              <image:caption>Steve Bain</image:caption>
            </image:image>
            <image:image>
              <image:loc>https://www.dyingeconomy.com/images/price_consumption_curve.jpg</image:loc>
              <image:caption>Price Consumption Curve &amp; Derived Demand Curve</image:caption>
            </image:image>
      </url>
      <url>
            <loc>https://www.dyingeconomy.com/price-controls.html</loc>
            <lastmod>2025-08-13T09:21:00.000000Z</lastmod>
            <image:image>
              <image:loc>https://www.dyingeconomy.com/images/price_controls_graph.jpg</image:loc>
              <image:caption>Price Controls Graph</image:caption>
            </image:image>
            <image:image>
              <image:loc>https://www.dyingeconomy.com/images/S.Bain_photo.jpg</image:loc>
              <image:caption>Steve Bain</image:caption>
            </image:image>
      </url>
      <url>
            <loc>https://www.dyingeconomy.com/price-discovery.html</loc>
            <lastmod>2025-12-13T14:33:04.000000Z</lastmod>
            <image:image>
              <image:loc>https://www.dyingeconomy.com/images/S.Bain_photo.jpg</image:loc>
              <image:caption>Steve Bain</image:caption>
            </image:image>
      </url>
      <url>
            <loc>https://www.dyingeconomy.com/price-elasticity-of-demand.html</loc>
            <lastmod>2025-12-31T18:28:28.000000Z</lastmod>
            <image:image>
              <image:loc>https://www.dyingeconomy.com/images/price_elasticity_of_demand_table.jpg</image:loc>
              <image:caption>Price elasticity of demand table</image:caption>
            </image:image>
            <image:image>
              <image:loc>https://www.dyingeconomy.com/images/isoelastic_demand_curve.jpg</image:loc>
              <image:caption>Isoelastic Demand Curve</image:caption>
            </image:image>
            <image:image>
              <image:loc>https://www.dyingeconomy.com/images/price_elasticity_of_demand_graph.jpg</image:loc>
              <image:caption>Price elasticity of demand graph</image:caption>
            </image:image>
            <image:image>
              <image:loc>https://www.dyingeconomy.com/images/point_elasticity_of_demand_and_arc_elasticity_of_demand_graphs.jpg</image:loc>
              <image:caption>Point Elasticity of Demand and Arc Elasticity of Demand Graphs</image:caption>
            </image:image>
            <image:image>
              <image:loc>https://www.dyingeconomy.com/images/S.Bain_photo.jpg</image:loc>
              <image:caption>Steve Bain</image:caption>
            </image:image>
            <image:image>
              <image:loc>https://www.dyingeconomy.com/images/perfectly_inelastic_demand_and_perfectly_elastic_demand_graphs.jpg</image:loc>
              <image:caption>Perfectly Inelastic demand and Perfectly Elastic Demand Graphs</image:caption>
            </image:image>
      </url>
      <url>
            <loc>https://www.dyingeconomy.com/price-elasticity-of-supply.html</loc>
            <lastmod>2026-01-12T10:43:33.000000Z</lastmod>
            <image:image>
              <image:loc>https://www.dyingeconomy.com/images/inelastic_supply_graph.jpg</image:loc>
              <image:caption>Inelastic Supply Graph</image:caption>
            </image:image>
            <image:image>
              <image:loc>https://www.dyingeconomy.com/images/unitary_elastic_supply_graph.jpg</image:loc>
              <image:caption>Unitary Elastic Supply Graph</image:caption>
            </image:image>
            <image:image>
              <image:loc>https://www.dyingeconomy.com/images/perfectly_inelastic_supply_graph.jpg</image:loc>
              <image:caption>Perfectly Inelastic Supply Graph</image:caption>
            </image:image>
            <image:image>
              <image:loc>https://www.dyingeconomy.com/images/perfectly_elastic_supply_graph.jpg</image:loc>
              <image:caption>Perfectly Elastic Supply Graph</image:caption>
            </image:image>
            <image:image>
              <image:loc>https://www.dyingeconomy.com/images/S.Bain_photo.jpg</image:loc>
              <image:caption>Steve Bain</image:caption>
            </image:image>
            <image:image>
              <image:loc>https://www.dyingeconomy.com/images/elastic_supply_graph.jpg</image:loc>
              <image:caption>Elastic Supply Graph</image:caption>
            </image:image>
      </url>
      <url>
            <loc>https://www.dyingeconomy.com/principal-agent-problem.html</loc>
            <lastmod>2025-12-10T08:39:02.000000Z</lastmod>
            <image:image>
              <image:loc>https://www.dyingeconomy.com/images/S.Bain_photo.jpg</image:loc>
              <image:caption>Steve Bain</image:caption>
            </image:image>
      </url>
      <url>
            <loc>https://www.dyingeconomy.com/private-credit-bubble.html</loc>
            <lastmod>2025-12-16T20:59:17.000000Z</lastmod>
            <image:image>
              <image:loc>https://www.dyingeconomy.com/images/S.Bain_photo.jpg</image:loc>
              <image:caption>Steve Bain</image:caption>
            </image:image>
      </url>
      <url>
            <loc>https://www.dyingeconomy.com/producer-surplus.html</loc>
            <lastmod>2026-01-11T10:40:43.000000Z</lastmod>
            <image:image>
              <image:loc>https://www.dyingeconomy.com/images/consumer_and_producer_surplus.jpg</image:loc>
              <image:caption>Consumer and Producer Surplus</image:caption>
            </image:image>
            <image:image>
              <image:loc>https://www.dyingeconomy.com/images/producer_surplus_graph.jpg</image:loc>
              <image:caption>Producer Surplus Graph</image:caption>
            </image:image>
            <image:image>
              <image:loc>https://www.dyingeconomy.com/images/S.Bain_photo.jpg</image:loc>
              <image:caption>Steve Bain</image:caption>
            </image:image>
      </url>
      <url>
            <loc>https://www.dyingeconomy.com/production-function.html</loc>
            <lastmod>2025-12-13T17:40:48.000000Z</lastmod>
            <image:image>
              <image:loc>https://www.dyingeconomy.com/images/perfect_substitutes.jpg</image:loc>
              <image:caption>Perfect Substitutes Production Function</image:caption>
            </image:image>
            <image:image>
              <image:loc>https://www.dyingeconomy.com/images/fixed_proportions.jpg</image:loc>
              <image:caption>Fixed Proportions Production Function</image:caption>
            </image:image>
            <image:image>
              <image:loc>https://www.dyingeconomy.com/images/S.Bain_photo.jpg</image:loc>
              <image:caption>Steve Bain</image:caption>
            </image:image>
      </url>
      <url>
            <loc>https://www.dyingeconomy.com/production-possibilities-curve.html</loc>
            <lastmod>2026-01-11T15:13:18.000000Z</lastmod>
            <image:image>
              <image:loc>https://www.dyingeconomy.com/images/production_possibilities_curve.jpg</image:loc>
              <image:caption>Production Possibilities Graph</image:caption>
            </image:image>
            <image:image>
              <image:loc>https://www.dyingeconomy.com/images/production_possibilities_curve_expansion.jpg</image:loc>
              <image:caption>Production Possibilities Expansion</image:caption>
            </image:image>
            <image:image>
              <image:loc>https://www.dyingeconomy.com/images/S.Bain_photo.jpg</image:loc>
              <image:caption>Steve Bain</image:caption>
            </image:image>
      </url>
      <url>
            <loc>https://www.dyingeconomy.com/productive-efficiency.html</loc>
            <lastmod>2025-12-10T09:06:51.000000Z</lastmod>
            <image:image>
              <image:loc>https://www.dyingeconomy.com/images/production_possibilities_curve.jpg</image:loc>
              <image:caption>Production Possibilities Curve</image:caption>
            </image:image>
            <image:image>
              <image:loc>https://www.dyingeconomy.com/images/S.Bain_photo.jpg</image:loc>
              <image:caption>Steve Bain</image:caption>
            </image:image>
            <image:image>
              <image:loc>https://www.dyingeconomy.com/images/marginal_rate_of_transformation_03.jpg</image:loc>
              <image:caption>Optimal marginal rate of transformation and substitution</image:caption>
            </image:image>
      </url>
      <url>
            <loc>https://www.dyingeconomy.com/profit-maximization.html</loc>
            <lastmod>2026-01-15T20:41:48.000000Z</lastmod>
            <image:image>
              <image:loc>https://www.dyingeconomy.com/images/profit_maximization_graph.jpg</image:loc>
              <image:caption>Profit Maximization Graph</image:caption>
            </image:image>
            <image:image>
              <image:loc>https://www.dyingeconomy.com/images/S.Bain_photo.jpg</image:loc>
              <image:caption>Steve Bain</image:caption>
            </image:image>
      </url>
      <url>
            <loc>https://www.dyingeconomy.com/public-choice-theory.html</loc>
            <lastmod>2026-01-16T13:12:06.000000Z</lastmod>
            <image:image>
              <image:loc>https://www.dyingeconomy.com/images/S.Bain_photo.jpg</image:loc>
              <image:caption>Steve Bain</image:caption>
            </image:image>
      </url>
      <url>
            <loc>https://www.dyingeconomy.com/public-goods.html</loc>
            <lastmod>2026-01-12T10:54:18.000000Z</lastmod>
            <image:image>
              <image:loc>https://www.dyingeconomy.com/images/economic_goods.jpg</image:loc>
              <image:caption>Economic Goods</image:caption>
            </image:image>
            <image:image>
              <image:loc>https://www.dyingeconomy.com/images/S.Bain_photo.jpg</image:loc>
              <image:caption>Steve Bain</image:caption>
            </image:image>
      </url>
      <url>
            <loc>https://www.dyingeconomy.com/quantity-theory-of-money.html</loc>
            <lastmod>2026-01-19T09:32:37.000000Z</lastmod>
            <image:image>
              <image:loc>https://www.dyingeconomy.com/images/S.Bain_photo.jpg</image:loc>
              <image:caption>Steve Bain</image:caption>
            </image:image>
      </url>
      <url>
            <loc>https://www.dyingeconomy.com/real-balance-effect.html</loc>
            <lastmod>2026-01-21T11:16:30.000000Z</lastmod>
            <image:image>
              <image:loc>https://www.dyingeconomy.com/images/vertical_is_curve.jpg</image:loc>
              <image:caption>Real Balance Effect Graph</image:caption>
            </image:image>
            <image:image>
              <image:loc>https://www.dyingeconomy.com/images/LTrap003.jpg</image:loc>
              <image:caption>Horizontal LM curve</image:caption>
            </image:image>
            <image:image>
              <image:loc>https://www.dyingeconomy.com/images/S.Bain_photo.jpg</image:loc>
              <image:caption>Steve Bain</image:caption>
            </image:image>
      </url>
      <url>
            <loc>https://www.dyingeconomy.com/recession.html</loc>
            <lastmod>2026-01-11T08:18:58.000000Z</lastmod>
            <image:image>
              <image:loc>https://www.dyingeconomy.com/images/S.Bain_photo.jpg</image:loc>
              <image:caption>Steve Bain</image:caption>
            </image:image>
      </url>
      <url>
            <loc>https://www.dyingeconomy.com/recognition-lag.html</loc>
            <lastmod>2025-12-20T11:27:49.000000Z</lastmod>
            <image:image>
              <image:loc>https://www.dyingeconomy.com/images/S.Bain_photo.jpg</image:loc>
              <image:caption>Steve Bain</image:caption>
            </image:image>
            <image:image>
              <image:loc>https://www.dyingeconomy.com/images/satabilization_policy_lags.jpg</image:loc>
              <image:caption>Policy Lag Chart</image:caption>
            </image:image>
      </url>
      <url>
            <loc>https://www.dyingeconomy.com/reflation.html</loc>
            <lastmod>2026-01-10T11:07:29.000000Z</lastmod>
            <image:image>
              <image:loc>https://www.dyingeconomy.com/images/S.Bain_photo.jpg</image:loc>
              <image:caption>Steve Bain</image:caption>
            </image:image>
      </url>
      <url>
            <loc>https://www.dyingeconomy.com/rent-seeking.html</loc>
            <lastmod>2026-01-13T08:21:49.000000Z</lastmod>
            <image:image>
              <image:loc>https://www.dyingeconomy.com/images/S.Bain_photo.jpg</image:loc>
              <image:caption>Steve Bain</image:caption>
            </image:image>
      </url>
      <url>
            <loc>https://www.dyingeconomy.com/repo-market.html</loc>
            <lastmod>2025-12-19T09:40:22.000000Z</lastmod>
            <image:image>
              <image:loc>https://www.dyingeconomy.com/images/S.Bain_photo.jpg</image:loc>
              <image:caption>Steve Bain</image:caption>
            </image:image>
      </url>
      <url>
            <loc>https://www.dyingeconomy.com/representative-money.html</loc>
            <lastmod>2026-01-24T18:55:23.000000Z</lastmod>
            <image:image>
              <image:loc>https://www.dyingeconomy.com/images/S.Bain_photo.jpg</image:loc>
              <image:caption>Steve Bain</image:caption>
            </image:image>
      </url>
      <url>
            <loc>https://www.dyingeconomy.com/revealed-preference.html</loc>
            <lastmod>2025-12-16T11:03:18.000000Z</lastmod>
            <image:image>
              <image:loc>https://www.dyingeconomy.com/images/revealed_preference_01.jpg</image:loc>
              <image:caption>Revealed Preference Graph</image:caption>
            </image:image>
            <image:image>
              <image:loc>https://www.dyingeconomy.com/images/S.Bain_photo.jpg</image:loc>
              <image:caption>Steve Bain</image:caption>
            </image:image>
            <image:image>
              <image:loc>https://www.dyingeconomy.com/images/revealed_preference_02.jpg</image:loc>
              <image:caption>Revealed Preference Example</image:caption>
            </image:image>
      </url>
      <url>
            <loc>https://www.dyingeconomy.com/sacrifice-ratio.html</loc>
            <lastmod>2025-12-20T11:52:20.000000Z</lastmod>
            <image:image>
              <image:loc>https://www.dyingeconomy.com/images/USA1960.jpg</image:loc>
              <image:caption>Sacrifice Ratio Graph, 1960s USA</image:caption>
            </image:image>
            <image:image>
              <image:loc>https://www.dyingeconomy.com/images/S.Bain_photo.jpg</image:loc>
              <image:caption>Steve Bain</image:caption>
            </image:image>
      </url>
      <url>
            <loc>https://www.dyingeconomy.com/saving-function.html</loc>
            <lastmod>2026-01-18T09:37:30.000000Z</lastmod>
            <image:image>
              <image:loc>https://www.dyingeconomy.com/images/saving_function_graph.jpg</image:loc>
              <image:caption>Saving Function Graph</image:caption>
            </image:image>
            <image:image>
              <image:loc>https://www.dyingeconomy.com/images/S.Bain_photo.jpg</image:loc>
              <image:caption>Steve Bain</image:caption>
            </image:image>
      </url>
      <url>
            <loc>https://www.dyingeconomy.com/says-law.html</loc>
            <lastmod>2026-01-18T08:00:22.000000Z</lastmod>
            <image:image>
              <image:loc>https://www.dyingeconomy.com/images/S.Bain_photo.jpg</image:loc>
              <image:caption>Steve Bain</image:caption>
            </image:image>
      </url>
      <url>
            <loc>https://www.dyingeconomy.com/seasonal-unemployment.html</loc>
            <lastmod>2026-01-15T11:32:13.000000Z</lastmod>
            <image:image>
              <image:loc>https://www.dyingeconomy.com/images/S.Bain_photo.jpg</image:loc>
              <image:caption>Steve Bain</image:caption>
            </image:image>
      </url>
      <url>
            <loc>https://www.dyingeconomy.com/seigniorage.html</loc>
            <lastmod>2023-06-02T10:01:45.000000Z</lastmod>
            <image:image>
              <image:loc>https://www.dyingeconomy.com/images/S.Bain_photo.jpg</image:loc>
              <image:caption>Steve Bain</image:caption>
            </image:image>
      </url>
      <url>
            <loc>https://www.dyingeconomy.com/socially-optimal-quantity.html</loc>
            <lastmod>2026-01-24T13:41:46.000000Z</lastmod>
            <image:image>
              <image:loc>https://www.dyingeconomy.com/images/S.Bain_photo.jpg</image:loc>
              <image:caption>Steve Bain</image:caption>
            </image:image>
            <image:image>
              <image:loc>https://www.dyingeconomy.com/images/socially_optimal_quantity03x.jpg</image:loc>
              <image:caption>Socially Optimal Quantity of output with negative externalities</image:caption>
            </image:image>
            <image:image>
              <image:loc>https://www.dyingeconomy.com/images/socially_optimal_quantity01x.jpg</image:loc>
              <image:caption>Graph of Socially Optimal Quantity with positive externalities</image:caption>
            </image:image>
      </url>
      <url>
            <loc>https://www.dyingeconomy.com/solow-growth-model.html</loc>
            <lastmod>2026-01-16T12:42:53.000000Z</lastmod>
            <image:image>
              <image:loc>https://www.dyingeconomy.com/images/solow_growth_model.jpg</image:loc>
              <image:caption>Solow Growth Model graph showing output and investment per worker with savings curve and net investment line intersecting at the steady state.</image:caption>
            </image:image>
            <image:image>
              <image:loc>https://www.dyingeconomy.com/images/savrates4.jpg</image:loc>
              <image:caption>Chart comparing net saving rates in Western countries over time highlighting low saving trends since 2008.</image:caption>
            </image:image>
            <image:image>
              <image:loc>https://www.dyingeconomy.com/images/S.Bain_photo.jpg</image:loc>
              <image:caption>Steve Bain</image:caption>
            </image:image>
      </url>
      <url>
            <loc>https://www.dyingeconomy.com/stablecoins.html</loc>
            <lastmod>2025-12-16T21:06:45.000000Z</lastmod>
            <image:image>
              <image:loc>https://www.dyingeconomy.com/images/S.Bain_photo.jpg</image:loc>
              <image:caption>Steve Bain</image:caption>
            </image:image>
      </url>
      <url>
            <loc>https://www.dyingeconomy.com/stagflation-vs-stagnation.html</loc>
            <lastmod>2025-11-19T12:24:20.000000Z</lastmod>
            <image:image>
              <image:loc>https://www.dyingeconomy.com/images/S.Bain_photo.jpg</image:loc>
              <image:caption>Steve Bain</image:caption>
            </image:image>
      </url>
      <url>
            <loc>https://www.dyingeconomy.com/stagflation.html</loc>
            <lastmod>2025-11-19T12:31:32.000000Z</lastmod>
            <image:image>
              <image:loc>https://www.dyingeconomy.com/images/stagflation.jpg</image:loc>
              <image:caption>Causes of Stagflation</image:caption>
            </image:image>
            <image:image>
              <image:loc>https://www.dyingeconomy.com/images/S.Bain_photo.jpg</image:loc>
              <image:caption>Steve Bain</image:caption>
            </image:image>
      </url>
      <url>
            <loc>https://www.dyingeconomy.com/standardized-products.html</loc>
            <lastmod>2025-12-10T09:42:50.000000Z</lastmod>
            <image:image>
              <image:loc>https://www.dyingeconomy.com/images/S.Bain_photo.jpg</image:loc>
              <image:caption>Steve Bain</image:caption>
            </image:image>
      </url>
      <url>
            <loc>https://www.dyingeconomy.com/steve-bain.html</loc>
            <lastmod>2025-12-04T10:54:47.000000Z</lastmod>
            <image:image>
              <image:loc>https://www.dyingeconomy.com/images/S.Bain.jpg</image:loc>
              <image:caption>Steve Bain</image:caption>
            </image:image>
      </url>
      <url>
            <loc>https://www.dyingeconomy.com/sticky-wages.html</loc>
            <lastmod>2024-10-13T16:41:36.000000Z</lastmod>
            <image:image>
              <image:loc>https://www.dyingeconomy.com/images/S.Bain_photo.jpg</image:loc>
              <image:caption>Steve Bain</image:caption>
            </image:image>
      </url>
      <url>
            <loc>https://www.dyingeconomy.com/structural-inflation.html</loc>
            <lastmod>2026-01-04T20:21:49.000000Z</lastmod>
            <image:image>
              <image:loc>https://www.dyingeconomy.com/images/S.Bain_photo.jpg</image:loc>
              <image:caption>Steve Bain</image:caption>
            </image:image>
            <image:image>
              <image:loc>https://www.dyingeconomy.com/images/NAIRU.jpg</image:loc>
              <image:caption>Causes of Structural Inflation</image:caption>
            </image:image>
      </url>
      <url>
            <loc>https://www.dyingeconomy.com/structural-unemployment.html</loc>
            <lastmod>2023-01-23T13:13:43.000000Z</lastmod>
            <image:image>
              <image:loc>https://www.dyingeconomy.com/images/S.Bain_photo.jpg</image:loc>
              <image:caption>Steve Bain</image:caption>
            </image:image>
      </url>
      <url>
            <loc>https://www.dyingeconomy.com/substitution-bias.html</loc>
            <lastmod>2023-02-17T09:45:09.000000Z</lastmod>
            <image:image>
              <image:loc>https://www.dyingeconomy.com/images/S.Bain_photo.jpg</image:loc>
              <image:caption>Steve Bain</image:caption>
            </image:image>
            <image:image>
              <image:loc>https://www.dyingeconomy.com/images/budget_line_price_change.jpg</image:loc>
              <image:caption>Substitution Bias Graph</image:caption>
            </image:image>
      </url>
      <url>
            <loc>https://www.dyingeconomy.com/substitution-effect.html</loc>
            <lastmod>2026-01-11T15:17:15.000000Z</lastmod>
            <image:image>
              <image:loc>https://www.dyingeconomy.com/images/S.Bain_photo.jpg</image:loc>
              <image:caption>Steve Bain</image:caption>
            </image:image>
            <image:image>
              <image:loc>https://www.dyingeconomy.com/images/substitution_effect_graph.jpg</image:loc>
              <image:caption>Substitution Effect Graph</image:caption>
            </image:image>
      </url>
      <url>
            <loc>https://www.dyingeconomy.com/sunk-costs.html</loc>
            <lastmod>2025-12-14T15:55:04.000000Z</lastmod>
            <image:image>
              <image:loc>https://www.dyingeconomy.com/images/S.Bain_photo.jpg</image:loc>
              <image:caption>Steve Bain</image:caption>
            </image:image>
      </url>
      <url>
            <loc>https://www.dyingeconomy.com/supply-curve.html</loc>
            <lastmod>2026-01-11T10:31:28.000000Z</lastmod>
            <image:image>
              <image:loc>https://www.dyingeconomy.com/images/shift_in_supply.jpg</image:loc>
              <image:caption>Shift in Supply</image:caption>
            </image:image>
            <image:image>
              <image:loc>https://www.dyingeconomy.com/images/supply_curve_graph.jpg</image:loc>
              <image:caption>Supply Curve Graph</image:caption>
            </image:image>
            <image:image>
              <image:loc>https://www.dyingeconomy.com/images/supply_schedule.jpg</image:loc>
              <image:caption>Supply Schedule</image:caption>
            </image:image>
            <image:image>
              <image:loc>https://www.dyingeconomy.com/images/S.Bain_photo.jpg</image:loc>
              <image:caption>Steve Bain</image:caption>
            </image:image>
      </url>
      <url>
            <loc>https://www.dyingeconomy.com/supply-side-economics.html</loc>
            <lastmod>2026-01-18T08:04:48.000000Z</lastmod>
            <image:image>
              <image:loc>https://www.dyingeconomy.com/images/S.Bain_photo.jpg</image:loc>
              <image:caption>Steve Bain</image:caption>
            </image:image>
      </url>
      <url>
            <loc>https://www.dyingeconomy.com/symmetric-information.html</loc>
            <lastmod>2025-12-10T08:42:15.000000Z</lastmod>
            <image:image>
              <image:loc>https://www.dyingeconomy.com/images/S.Bain_photo.jpg</image:loc>
              <image:caption>Steve Bain</image:caption>
            </image:image>
      </url>
      <url>
            <loc>https://www.dyingeconomy.com/technological-unemployment.html</loc>
            <lastmod>2023-01-23T13:17:11.000000Z</lastmod>
            <image:image>
              <image:loc>https://www.dyingeconomy.com/images/S.Bain_photo.jpg</image:loc>
              <image:caption>Steve Bain</image:caption>
            </image:image>
            <image:image>
              <image:loc>https://www.dyingeconomy.com/images/US_labor_share_of_GDP.jpg</image:loc>
              <image:caption>Labor Share of GDP Graph</image:caption>
            </image:image>
      </url>
      <url>
            <loc>https://www.dyingeconomy.com/terms-of-service.html</loc>
            <lastmod>2026-01-08T12:52:10.000000Z</lastmod>
            <image:image>
              <image:loc>https://www.dyingeconomy.com/images/S.Bain_photo.jpg</image:loc>
              <image:caption>Steve Bain</image:caption>
            </image:image>
      </url>
      <url>
            <loc>https://www.dyingeconomy.com/thinking-at-the-margin.html</loc>
            <lastmod>2026-01-15T20:37:27.000000Z</lastmod>
            <image:image>
              <image:loc>https://www.dyingeconomy.com/images/S.Bain_photo.jpg</image:loc>
              <image:caption>Steve Bain</image:caption>
            </image:image>
      </url>
      <url>
            <loc>https://www.dyingeconomy.com/total-factor-productivity.html</loc>
            <lastmod>2026-01-14T20:46:49.000000Z</lastmod>
            <image:image>
              <image:loc>https://www.dyingeconomy.com/images/S.Bain_photo.jpg</image:loc>
              <image:caption>Steve Bain</image:caption>
            </image:image>
      </url>
      <url>
            <loc>https://www.dyingeconomy.com/total-revenue-test.html</loc>
            <lastmod>2025-12-18T16:15:32.000000Z</lastmod>
            <image:image>
              <image:loc>https://www.dyingeconomy.com/images/S.Bain_photo.jpg</image:loc>
              <image:caption>Steve Bain</image:caption>
            </image:image>
      </url>
      <url>
            <loc>https://www.dyingeconomy.com/tradable-pollution-permits.html</loc>
            <lastmod>2025-12-10T08:35:39.000000Z</lastmod>
            <image:image>
              <image:loc>https://www.dyingeconomy.com/images/S.Bain_photo.jpg</image:loc>
              <image:caption>Steve Bain</image:caption>
            </image:image>
      </url>
      <url>
            <loc>https://www.dyingeconomy.com/tragedy-of-the-commons.html</loc>
            <lastmod>2025-12-10T08:48:01.000000Z</lastmod>
            <image:image>
              <image:loc>https://www.dyingeconomy.com/images/S.Bain_photo.jpg</image:loc>
              <image:caption>Steve Bain</image:caption>
            </image:image>
      </url>
      <url>
            <loc>https://www.dyingeconomy.com/triple-market-crash.html</loc>
            <lastmod>2025-12-07T12:47:34.000000Z</lastmod>
            <image:image>
              <image:loc>https://www.dyingeconomy.com/images/S.Bain_photo.jpg</image:loc>
              <image:caption>Steve Bain</image:caption>
            </image:image>
      </url>
      <url>
            <loc>https://www.dyingeconomy.com/types-of-money.html</loc>
            <lastmod>2026-01-08T17:51:48.000000Z</lastmod>
            <image:image>
              <image:loc>https://www.dyingeconomy.com/images/S.Bain_photo.jpg</image:loc>
              <image:caption>Steve Bain</image:caption>
            </image:image>
      </url>
      <url>
            <loc>https://www.dyingeconomy.com/uk-economy-crash.html</loc>
            <lastmod>2025-12-16T21:11:28.000000Z</lastmod>
            <image:image>
              <image:loc>https://www.dyingeconomy.com/images/S.Bain_photo.jpg</image:loc>
              <image:caption>Steve Bain</image:caption>
            </image:image>
      </url>
      <url>
            <loc>https://www.dyingeconomy.com/us-debt-spiral.html</loc>
            <lastmod>2025-12-07T12:40:10.000000Z</lastmod>
            <image:image>
              <image:loc>https://www.dyingeconomy.com/images/S.Bain_photo.jpg</image:loc>
              <image:caption>Steve Bain</image:caption>
            </image:image>
      </url>
      <url>
            <loc>https://www.dyingeconomy.com/us-economy-vs-china.html</loc>
            <lastmod>2025-12-16T21:12:39.000000Z</lastmod>
            <image:image>
              <image:loc>https://www.dyingeconomy.com/images/S.Bain_photo.jpg</image:loc>
              <image:caption>Steve Bain</image:caption>
            </image:image>
      </url>
      <url>
            <loc>https://www.dyingeconomy.com/us-housing-bubble.html</loc>
            <lastmod>2025-12-07T12:37:06.000000Z</lastmod>
            <image:image>
              <image:loc>https://www.dyingeconomy.com/images/S.Bain_photo.jpg</image:loc>
              <image:caption>Steve Bain</image:caption>
            </image:image>
      </url>
      <url>
            <loc>https://www.dyingeconomy.com/us-industrial-policy.html</loc>
            <lastmod>2025-12-16T21:13:47.000000Z</lastmod>
            <image:image>
              <image:loc>https://www.dyingeconomy.com/images/S.Bain_photo.jpg</image:loc>
              <image:caption>Steve Bain</image:caption>
            </image:image>
      </url>
      <url>
            <loc>https://www.dyingeconomy.com/us-managed-economy.html</loc>
            <lastmod>2025-12-16T21:14:59.000000Z</lastmod>
            <image:image>
              <image:loc>https://www.dyingeconomy.com/images/S.Bain_photo.jpg</image:loc>
              <image:caption>Steve Bain</image:caption>
            </image:image>
      </url>
      <url>
            <loc>https://www.dyingeconomy.com/us-recession-indicators.html</loc>
            <lastmod>2025-12-07T12:44:42.000000Z</lastmod>
            <image:image>
              <image:loc>https://www.dyingeconomy.com/images/S.Bain_photo.jpg</image:loc>
              <image:caption>Steve Bain</image:caption>
            </image:image>
      </url>
      <url>
            <loc>https://www.dyingeconomy.com/user-cost-of-capital.html</loc>
            <lastmod>2025-12-13T17:54:31.000000Z</lastmod>
            <image:image>
              <image:loc>https://www.dyingeconomy.com/images/user_cost_of_capital_graph.jpg</image:loc>
              <image:caption>User Cost of Capital Graph</image:caption>
            </image:image>
            <image:image>
              <image:loc>https://www.dyingeconomy.com/images/S.Bain_photo.jpg</image:loc>
              <image:caption>Steve Bain</image:caption>
            </image:image>
      </url>
      <url>
            <loc>https://www.dyingeconomy.com/utility-function.html</loc>
            <lastmod>2026-01-08T18:14:29.000000Z</lastmod>
            <image:image>
              <image:loc>https://www.dyingeconomy.com/images/utility_function_graph.jpg</image:loc>
              <image:caption>Utility Function Graph</image:caption>
            </image:image>
            <image:image>
              <image:loc>https://www.dyingeconomy.com/images/S.Bain_photo.jpg</image:loc>
              <image:caption>Steve Bain</image:caption>
            </image:image>
      </url>
      <url>
            <loc>https://www.dyingeconomy.com/variable-input.html</loc>
            <lastmod>2025-12-14T15:52:46.000000Z</lastmod>
            <image:image>
              <image:loc>https://www.dyingeconomy.com/images/S.Bain_photo.jpg</image:loc>
              <image:caption>Steve Bain</image:caption>
            </image:image>
      </url>
      <url>
            <loc>https://www.dyingeconomy.com/veblen-goods.html</loc>
            <lastmod>2025-12-16T11:05:46.000000Z</lastmod>
            <image:image>
              <image:loc>https://www.dyingeconomy.com/images/S.Bain_photo.jpg</image:loc>
              <image:caption>Steve Bain</image:caption>
            </image:image>
      </url>
      <url>
            <loc>https://www.dyingeconomy.com/velocity-of-money.html</loc>
            <lastmod>2026-01-19T09:56:51.000000Z</lastmod>
            <image:image>
              <image:loc>https://www.dyingeconomy.com/images/fredgraph.jpg</image:loc>
              <image:caption>A chart of the M2 velocity of money in the United States from 1960 to the current time.</image:caption>
            </image:image>
            <image:image>
              <image:loc>https://www.dyingeconomy.com/images/LMcurve04.jpg</image:loc>
              <image:caption>Graph of the demand for money with fixed income/output.</image:caption>
            </image:image>
            <image:image>
              <image:loc>https://www.dyingeconomy.com/images/S.Bain_photo.jpg</image:loc>
              <image:caption>Steve Bain</image:caption>
            </image:image>
      </url>
      <url>
            <loc>https://www.dyingeconomy.com/wage-and-price-controls.html</loc>
            <lastmod>2023-06-23T10:58:12.000000Z</lastmod>
            <image:image>
              <image:loc>https://www.dyingeconomy.com/images/wage_and_price_controls_graph.jpg</image:loc>
              <image:caption>Wage and Price Controls Graph</image:caption>
            </image:image>
            <image:image>
              <image:loc>https://www.dyingeconomy.com/images/S.Bain_photo.jpg</image:loc>
              <image:caption>Steve Bain</image:caption>
            </image:image>
      </url>
      <url>
            <loc>https://www.dyingeconomy.com/what-causes-inflation.html</loc>
            <lastmod>2026-01-10T11:09:03.000000Z</lastmod>
            <image:image>
              <image:loc>https://www.dyingeconomy.com/images/S.Bain_photo.jpg</image:loc>
              <image:caption>Steve Bain</image:caption>
            </image:image>
      </url>
      <url>
            <loc>https://www.dyingeconomy.com/what-happens-to-house-prices-during-stagflation.html</loc>
            <lastmod>2026-01-11T08:23:49.000000Z</lastmod>
            <image:image>
              <image:loc>https://www.dyingeconomy.com/images/USAhpi.jpg</image:loc>
              <image:caption>US Real House Price Inflation</image:caption>
            </image:image>
            <image:image>
              <image:loc>https://www.dyingeconomy.com/images/S.Bain_photo.jpg</image:loc>
              <image:caption>Steve Bain</image:caption>
            </image:image>
      </url>
      <url>
            <loc>https://www.dyingeconomy.com/what-happens-to-house-prices-in-a-recession.html</loc>
            <lastmod>2026-01-11T08:13:04.000000Z</lastmod>
            <image:image>
              <image:loc>https://www.dyingeconomy.com/images/S.Bain_photo.jpg</image:loc>
              <image:caption>Steve Bain</image:caption>
            </image:image>
      </url>
      <url>
            <loc>https://www.dyingeconomy.com/what-happens-to-interest-rates-during-a-recession.html</loc>
            <lastmod>2026-01-09T09:35:03.000000Z</lastmod>
            <image:image>
              <image:loc>https://www.dyingeconomy.com/images/S.Bain_photo.jpg</image:loc>
              <image:caption>Steve Bain</image:caption>
            </image:image>
            <image:image>
              <image:loc>https://www.dyingeconomy.com/images/interest_rates_in_recession.jpg</image:loc>
              <image:caption>Federal Reserve interest rates during the late 1970s and early 1980s, showing rate increases during recession periods amid high inflation.</image:caption>
            </image:image>
      </url>
      <url>
            <loc>https://www.dyingeconomy.com/what-is-a-good-unemployment-rate.html</loc>
            <lastmod>2026-01-18T10:28:34.000000Z</lastmod>
            <image:image>
              <image:loc>https://www.dyingeconomy.com/images/S.Bain_photo.jpg</image:loc>
              <image:caption>Steve Bain</image:caption>
            </image:image>
      </url>
      <url>
            <loc>https://www.dyingeconomy.com/why-is-the-labor-force-participation-rate-declining.html</loc>
            <lastmod>2025-11-22T09:40:53.000000Z</lastmod>
            <image:image>
              <image:loc>https://www.dyingeconomy.com/images/US_labor_force_participation_rate_over_time.jpg</image:loc>
              <image:caption>US Labor Force Participation Rate Over Time</image:caption>
            </image:image>
            <image:image>
              <image:loc>https://www.dyingeconomy.com/images/labor65plus.jpg</image:loc>
              <image:caption>Labor Force Participation Aged 65+</image:caption>
            </image:image>
            <image:image>
              <image:loc>https://www.dyingeconomy.com/images/labor55_64.jpg</image:loc>
              <image:caption>Labor Force Participation Aged 55-64</image:caption>
            </image:image>
            <image:image>
              <image:loc>https://www.dyingeconomy.com/images/S.Bain_photo.jpg</image:loc>
              <image:caption>Steve Bain</image:caption>
            </image:image>
            <image:image>
              <image:loc>https://www.dyingeconomy.com/images/labor25_64.jpg</image:loc>
              <image:caption>Labor Force Participation Aged 25-64</image:caption>
            </image:image>
            <image:image>
              <image:loc>https://www.dyingeconomy.com/images/labor15plus.jpg</image:loc>
              <image:caption>Labor Force Participation Aged 15+</image:caption>
            </image:image>
      </url>
      <url>
            <loc>https://www.dyingeconomy.com/yen-carry-trade.html</loc>
            <lastmod>2026-01-21T11:19:54.000000Z</lastmod>
            <image:image>
              <image:loc>https://www.dyingeconomy.com/images/S.Bain_photo.jpg</image:loc>
              <image:caption>Steve Bain</image:caption>
            </image:image>
      </url>
</urlset>
