Economics, Econometrics and Finance
8 years ago

Market forces alone can't solve unemployment, challenges 'Classical' theory.

Palgrave Macmillan UK eBooks
The ‘Classical’ theory of Full Employment
Jack Harvey, Mathew Johnson

Paper Summary

Related papers

Economics, Econometrics and Finance
a year ago

New employment categories challenge traditional definitions of available workers.

Macroeconomic Trends
Political Economy
Economics, Econometrics and Finance
4 years ago

Unemployment Crisis: The Shocking Truth Behind Keynesian Theory Revealed

Macroeconomic Trends
Political Economy
Economic Institutions
2 views
Economics, Econometrics and Finance
4 years ago

Lucas Debunked: All Unemployment is Involuntary, Not Voluntary

Macroeconomic Trends
Political Economy
Economic Institutions
2 views

The 'Classical' theory of Full Employment suggests that market forces and competitive pricing can eliminate unemployment, as believed by economists from Adam Smith to A. C. Pigou.