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Between Keynes’s verbalized theory and its formal basis persists a lacuna. The conceptual groundwork is too small and not general. The quest for a comprehensive formal basis is guided by the question: what is the minimum set of foundational propositions for a consistent reconstruction of the...
Persistent link: https://www.econbiz.de/10009220654
Unemployment is usually explained with reference to the equilibrium of supply and demand in the labour market. This …
Persistent link: https://www.econbiz.de/10009223360
Unemployment is usually explained with reference to the equilibrium of supply and demand in the labour market. This …
Persistent link: https://www.econbiz.de/10009207081
Between Keynes’s verbalized theory and its formal basis persists a lacuna. The conceptual groundwork is too small and not general. The quest for a comprehensive formal basis is guided by the question: what is the minimum set of foundational propositions for a consistent reconstruction of the...
Persistent link: https://www.econbiz.de/10009025252