Please Explain – Capital

‘Capital’ is an economic flash word which has taken on many meanings over time.

So why do we use the word capital to describe the money used to invest in something and a business’s assets at the same time?

And what does capital have to do with cattle?

We find out.

Story features: Dick Bryan, Professor of Political Economy at the University of Sydney

Image: ‘Cattle’ by Andre on Flickr

Episodes