This paper shows that Keynes's involuntary unemployment derived from Walras's voluntary unemployment by means of … supply function is a strongly increasing function, as in Walras's approach, there might be only voluntary unemployment, and … and an equilibrium point. According to Walras's approach also might be considered "forced unemployment' which is the …

This paper shows that Keynes's involuntary unemployment derived from Walras's voluntary unemployment by means of … supply function is a strongly increasing function, as in Walras's approach, there might be only voluntary unemployment, and … and an equilibrium point. According to Walras's approach also might be considered "forced unemployment" which is the …

This paper shows that Keynes’s involuntary unemployment derived from Walras’s voluntary unemployment by means of … supply function is a strongly increasing function, as in Walras’s approach, there might be only voluntary unemployment, and … and an equilibrium point. According to Walras’s approach also might be considered “forced unemployment” which is the …

We are well aware of Walras’ hostility against Dupuit’s concept of surplus. The reasons for this hostility may be … primarily psychological or ideological, not to mention Walras’ difficulty to understand the ideas of others. Nevertheless, in … Dupuit, a utilitarian liberal, and Walras, an anti-utilitarian socialist, may justify—or at least throw some light on …