Full Employment Abandoned

William Mitchell and Joan Muysken

in Books from Edward Elgar Publishing

Abstract: This book dismantles the arguments used by policy makers to justify the abandonment of full employment as a valid goal of national governments. Bill Mitchell and Joan Muysken trace the theoretical analysis of the nature and causes of unemployment over the last 150 years and argue that the shift from involuntary to ‘natural rate’ conceptions of unemployment since the 1960s has driven an ideological backlash against Keynesian policy interventions.

Keywords: Economics and Finance (search for similar items in EconPapers)
JEL-codes: K0 (search for similar items in EconPapers)
Date: 2008
ISBN: 9781858985077
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Citations: View citations in EconPapers (33)

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