Full Employment Abandoned: Shifting Sands and Policy Failures

by William F. Mitchell and Joan Muysken

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.

• Format: Hardcover
• Language: English
• ISBN: 1858985072
• ISBN13: 9781858985077
• Release Date: May 2008
• Publisher: Edward Elgar Publishing
• Length: 320 Pages