Special remedies for special causes: involuntary unemployment in Keynes' political writings

Sylvie Rivot ()
Additional contact information
Sylvie Rivot: BETA - Bureau d'Économie Théorique et Appliquée - INRA - Institut National de la Recherche Agronomique - UNISTRA - Université de Strasbourg - UL - Université de Lorraine - CNRS - Centre National de la Recherche Scientifique

Post-Print from HAL

Abstract: This paper analyses the proposals Keynes' made in his political writings regarding unemployment, extending arguments made in The General Theory. The first issue is the relevance of voluntary unemployment to an understanding of Keynes' views on ‘structural' unemployment. The second issue is the connection between, on the one hand, Keynes' argument in favour of public works, State planning and, more generally, the socialisation of investment and, on the other, the analysis of involuntary unemployment made in The General Theory. Emphasis is placed on long-term pessimistic expectations and on the market valuation of capital assets.

Keywords: Keynes; Involuntary unemployment; Effective demand; Structural unemployment; Economic policy (search for similar items in EconPapers)
Date: 2011-07
References: Add references at CitEc
Citations:

Published in Cambridge Journal of Economics, 2011, 35 (4), pp.785-803. ⟨10.1093/cje/beq042⟩

There are no downloads for this item, see the EconPapers FAQ for hints about obtaining it.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:hal:journl:hal-04014358

DOI: 10.1093/cje/beq042

Access Statistics for this paper

More papers in Post-Print from HAL
Bibliographic data for series maintained by CCSD ().