Bøger af Martin F. J. Prachowny

Labour economics have received less attention in macroeconomics despite the fact that involuntary unemployment is a pressing policy issue. Here the imbalance is redressed by focusing on labour-demand and labour-supply relationships.

Prachowny details why the economic promises of politicians often fall by the wayside, and questions the argument that full employment should be the primary objective of economic policy in all circumstances.