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Full employment abandoned : shifting sands and policy failures
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Full employment abandoned : shifting sands and policy failures

William Mitchell

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Contents

Full employment: changing views and policies. The full employment framework and its demise ; Early views on unemployment and the Phillips curve ; The Phillips curve and shifting views on unemployment ; The troublesome NAIRU: the hoax that undermined full employment
Full employment abandoned: shifting sands and policy failures. The shift to full employability ; Inflation first: the new mantra of macroeconomics ; The neglected role of aggregate demand
The urgency of full employment: foundations for an active policy. A monetary framework for fiscal policy activism ; Buffer stocks and price stability ; Conclusion: the urgency of full employment.

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Full employment abandoned : shifting sands and policy failures by William Mitchell. ISBN 9781858985077. Published by Edward Elgar in 2008. Publication and catalogue information, links to buy online and reader comments.

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