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Persistent link: https://www.econbiz.de/10001395015
Economic discussion of ageing has been largely neoclassical in approach. Ageing has become a specialism within population economics, which is itself a specialism within the neoclassical mainstream. An alternative view has come from authors in sociology and social policy, who have produced their...
Persistent link: https://www.econbiz.de/10013347612
A macroeconomic model can depict employment only if it includes an account of the organisation of production. Keynes and many Keynesian writers have retained a neoclassical view of production, with fixed, technically efficient production functions; such a view is restrictive and neglects the...
Persistent link: https://www.econbiz.de/10014338611
Persistent link: https://www.econbiz.de/10001435709
Among the proposals for radical reform of social policy are basic income, which would pay an unconditional cash benefit to all individuals, and the right to work, which would offer guaranteed employment arranged by the state if necessary. This paper examines the macroeconomic consequences of...
Persistent link: https://www.econbiz.de/10014091840