Wage rates, credit expansion and employment

The article aims at dispelling a widespread misconception, the notion, propagated by popularisers of the views of Keynes, that all cases of unemployment can be successfully remedied by a monetary and fiscal policy aimed at raising the volume of aggregate demand. Secondly, it attempts to restate the...

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Bibliographic Details
Main Authors: V.C. LUTZ, F.A. LUTZ
Format: Article
Language:English
Published: Associazione Economia civile 2014-09-01
Series:PSL Quarterly Review
Subjects:
Online Access:https://rosa.uniroma1.it/rosa04/psl_quarterly_review/article/view/12683