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Paperback Profitability and Unemployment Book

ISBN: 0521067146

ISBN13: 9780521067140

Profitability and Unemployment

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Format: Paperback

Condition: New

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Book Overview

Discussions of economic policy argue that an adequate level of profitability is a precondition for avoiding future unemployment. This book studies the rationale for this statement. The analysis is built round a simple model of the Harrod-Doman type and extends the study of fixed-price equilibria by considering a dynamic process whose major components are capital accumulation and shifts in income distribution. The Keynesian depression, characterized...

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