Unemployment and revolution. Part 2: What ‘normally’ causes unemployment?

What “normally” causes unemployment? (continuation of research paper prepared by Albert Langer in 1981). – The Labour Market – The Unemployment Pool – Changes in the Level of Unemployment 2. WHAT “NORMALLY” CAUSES UNEMPLOYMENT? We shall argue that conservative economists are correct to stress that unemployment plays an essential regulatory role in a market economy. … Continue reading Unemployment and revolution. Part 2: What ‘normally’ causes unemployment?