slack labor
2 episodes mention this concept
EconomicsExplainedMay 17, 2020Do We Actually Need Recessions? Understanding Their Man-Made Nature and Economic Purpose
EconomicsRecessionEconomic downturnSupply shockDemand shock
EconomicsExplainedJan 9, 2020The Economy of Communist China: Mao's Era of Central Planning and the Great Leap Forward
EconomicsCentralized Soviet-style economic modelNationalization of industriesFive-year economic plansHeavy industry
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Related concepts
Concepts that appear alongside slack labor across episodes.
- inflation
- economic incentives
- heavy industry
- misallocated debt
- mechanization
- command economy
- non-accelerating inflation rate of unemployment (nairu)
- economic bottleneck
- counter-cyclical monetary policy
- industrialization
- consumer confidence
- nationalization of industries
- class enemy
- economic boom
- great leap forward
- economic efficiency
- recession
- gross domestic product (gdp)
- counter-cyclical fiscal policy
- mechanized warfare