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Full Employment Abandoned: Shifting Sands and Policy Failures


This book dismantles the arguments used by policy makers to justify the abandonment of full employment as a valid goal of national governments. Bill Mitchell and Joan Muysken trace the theoretical analysis of the nature and causes of unemployment over the last 150 years and argue that the shift from involuntary to 'natural rate' conceptions of unemployment since the 1960s has driven an ideological backlash against Keynesian policy interventions.

Absolutely stunning and flawless. Promoted to one of my all-time favorite books. I've no clue how the author wrote this, but it is absolutely incredible.


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