On this bonus Friday episode of the podcast, @tracyalloway and I spoke to the economist Jan Toporowski about the work of Polish economist Michał Kalecki, who among other things wrote a famous essay on capitalist opposition to full employment bloomberg.com
@tracyalloway We talk about
-- why so many perceive a tight labor market to be a threat.
-- How Kalecki's thinking differed from Keynes.
-- Why businesses invest
-- And how if you build a train line, and it's under-utilized, then that means you need to build a 2nd train track.
-- why so many perceive a tight labor market to be a threat.
-- How Kalecki's thinking differed from Keynes.
-- Why businesses invest
-- And how if you build a train line, and it's under-utilized, then that means you need to build a 2nd train track.
Find the episode on the apps podcasts.apple.com
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