Mass Unemployment

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Mass Unemployment image
ISBN-10:

0631149929

ISBN-13:

9780631149927

Publisher: Blackwell Pub.
Format: Paperback, 0 pages
Related ISBN: 9780631137047

Description:

The author argues for a far-reaching reappraisal of current economic theory. He addresses in turn the nature of long-term mass unemployment, the economist's problems in analyzing it, and government policy options for alleviating it. Unemployment can, it is argued, best be seen as a macroeconomic disequilibrium, which may be Keynesian, or classical or a mixture of the two. Concentrating on the dynamics of change in the economy, the author examines the interaction ot the three salient factors: prices and wages, capital accumulation, and mobility of labour, capital and demand.

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