This article argues in favor of drawing a distinction between the concepts of labour rationing and unemployment, the former referring to the occurrence of excess supply in a given labour market, the latter to job-waiting activity. In a first part, the literature on the possible consequences of...

The aim of this paper is to disentangle four main acceptations of the unvoluntary unemployment concept, to be found in the literature. The will be dubbed respectively as unvoluntary unemployment à la Keynes, à la Modigliani, à la Azariadis and à la Haavelmo (or, alternatively, Keynes-,...

This volume, a collection of essays by internationally known experts in the area of the history of economic thought and of the economics of Keynes and macroeconomics in particular, is designed to celebrate the 75th anniversary of the publication of The General Theory.