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Although historians of economic thought emphasize J.-B. Say's contributions to utility theory, the structure of the … subject matter of economics, entrepreneur theory and the construction of the "law of markets," they rarely appreciate what Say …
Persistent link: https://www.econbiz.de/10010296575
The paper addresses and summarizes the role of unemployment in the transformation process from an economic system with a dominant state sector to a system with a dominant private sector. After reviewing the basic facts and some of the main explanations why unemployment is high during transition...
Persistent link: https://www.econbiz.de/10010301337