A misinterpretation of Keynes’s concept of involuntary unemployment
Research background: One of the principal contributions of Maynard Keynes’s General Theory was identification of the phenomenon of involuntary unemployment, due (on account of adverse expectations and confidence on the part of potential buyers) to a want of demand for the quantity of output which a...
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| Format: | Article |
| Language: | English |
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Institute of Economic Research
2018-06-01
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| Series: | Equilibrium. Quarterly Journal of Economics and Economic Policy |
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| Online Access: | http://economic-research.pl/Journals/index.php/eq/article/view/778 |