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Unemployment and the Economists addresses economic ideas, beliefs and arguments regarding the causes and possible cures of unemployment – a matter of recurring interest and concern for economists throughout history.
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How would you respond to a group of high school students when asked “What do economists know?â€. Alan Budd’s answers will be familiar to readers of World Economics but bear repeating. Economics, unlike, say, Physics, tends to attract beliefs and opinions by non-specialists held...
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