Full Employment and Multi-commodity Production

John Weeks
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John Weeks: Middlebury College

Chapter 10 in A Critique of Neoclassical Macroeconomics, 1989, pp 143-161 from Palgrave Macmillan

Abstract: Abstract At a number of points in previous chapters we referred to critiques of the neoclassical model which involve the use of an aggregate supply of output function. We now consider that issue in some detail, particularly those objections that come from writers who feel that the neoclassical synthesis is a serious distortion, even a perversion, of Keynes’s contribution to economic theory. The purpose is not to cover all critiques arising from writers who consider themselves as correct interpreters of Keynes, but rather to restrict the discussion to those who address certain broad and fundamental issues of theory.

Keywords: Capital Stock; Real Wage; Full Employment; Money Wage; Aggregate Production Function (search for similar items in EconPapers)
Date: 1989
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Persistent link: https://EconPapers.repec.org/RePEc:pal:palchp:978-1-349-20296-6_10

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DOI: 10.1007/978-1-349-20296-6_10

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