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Steve Keen - Diminishing Marginal Productivity - From Being Human #182

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First published at 10:26 UTC on October 6th, 2021.

BeingHumanPodcast

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It's common sense that a factory is at its most efficient when it's operating at 100%.

Isn't it?

Actually, most economists believe productivity falls before capacity production is reached.

Steve Keen - author of 'Debunking Eco…

It's common sense that a factory is at its most efficient when it's operating at 100%.

Isn't it?

Actually, most economists believe productivity falls before capacity production is reached.

Steve Keen - author of 'Debunking Economics' - explains the concept of 'Diminishing Marginal Productivity'.

#BeingHuman #FirstHuman #podcasting

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