Suchergebnisse

THE ARTICLE ATTEMPTS AN ECONOMIC ANALYSIS AND EXPLANATION OF THE INCREASINGLY CRITICAL PROBLEMS OF UNEMPLOYMENT, PARTICULARLY IN MODERN CAPITALIST SOCIETIES. THE 'DEFICIENTDEMAND' HYPOTHESIS IS EXPLORED AND THE COSTS OF BOTH LABOR (HIGHER WAGES TO MATCH INFLATION, ETC) & UNEMPLOYMENT (WITH INCREASED BENEFITS, ETC) ARE DISCUSSED. THE AUTHOR PROPOSES A POLICY PROGRAM FOR DECREASING UNEMPLOYMENT.

THE AUTHOR REPORTS ON THE WILSON COMMITTEE (COMMITTEE TO REVIEW FUNCTIONING OF FINANCIAL INSTITUTIONS) REPORT, 1980. HE NOTES THE RELATIONSHIP BETWEEN THE STRUCTURE AND BEHAVIOR OF FINANCIAL INSTITUTIONS AND THE REST OF THE ECONOMIC SYSTEM HAS BEEN THE SUBJECT OF SERIOUS INQUIRY FOR A HALF CENTURY OR MORE. THE REPORT IS MACROECONOMIC IN CHARACTER, HOWEVER, AND DOES NOT DISCUSS ECONOMIC POLICY IN GENERAL.