J. B. Say on Unemployment and Public Works
AbstractPart of a Symposium entitled, "Say's Law Revisited," this note is dedicated to showing that both Say's and Ricardo's concerns about unemployment were deeper than even the Kates article (in this symposium) suggests, that this concern even led Say to advocate a clear Keynesian remedy for unemployment: public works. Correspondingly, the paper shows that Ricardo's disquiet about joblessness constitutes a good part of his reversal on the role of machinery (i.e., innovation) that so distressed his adherents.
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Bibliographic InfoArticle provided by Eastern Economic Association in its journal Eastern Economic Journal.
Volume (Year): 23 (1997)
Issue (Month): 2 (Spring)
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- Vahabi, Mehrdad, 2003.
"La contrainte budgétaire lâche et la théorie économique
[Soft Budget Constraint and Economic Theory]," MPRA Paper 17651, University Library of Munich, Germany.
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