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A Theory of Full Employment (Hardcover, 1996 ed.)
Loot Price: R4,624
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A Theory of Full Employment (Hardcover, 1996 ed.)
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This book has three purposes. First, to convince professional
economists who study the behaviour of the economic system as a
whole that they must re-examine some of the assumptions behind the
reigning economic theories. Second, to explain to the general
public why the currently fashionable economic policies cannot solve
the problem of massive long term unemployment. Third, to show that
if people's political engagement is revived there is hope for
escaping from the economic morass and moral wasteland into which,
ever since the 1970s, the fashionable policies have been leading
us. To elucidate the theoretical problem the authors pass in review
several recent structural developments and consider their effect on
the economy. To encourage renewed public political engagement they
draw attention to the risks involved in allowing things to drift on
in the present direction. The avowed purpose of the book imposes
the need to present it in a manner accessible at once to
professional macroeconomists and to a wider public ofpeople
concerned about today's malaise, politicians, sociologists or
philosophers and others. This imposes the need not to encumber
readers with the customary glut of academic references in the text,
and to refer only to the best known and politically most
influential theories and to authors who are also widely known to
people who are not professional economists.
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