aaron
yieldcurved.bsky.social
aaron
@yieldcurved.bsky.social
markets and such
two instructive points from kaleckis full employment essay:

1. it is the maintenance of - not the initial instance of - full employment that generates social transformation

2. the rentier class and the capitalist class oppose full employment for different reasons
December 9, 2023 at 11:11 PM
first bluesky post is a public service announcement that fed funds futures are a probability weighted average
December 8, 2023 at 10:15 PM