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Unemployment and Post-Keynesian Monetary Theory

In: Growth, Employment and Inflation

Author

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  • Steven Pressman

Abstract

Unemployment once again plagues the world economy. Since the beginning of the 1990s, unemployment rates in Europe have averaged close to 10 per cent. Things have become so bad that even Sweden, once proudly boasting unemployment rates consistently below 2 per cent, has watched helplessly while 13 per cent of its labour force cannot find work.

Suggested Citation

  • Steven Pressman, 1999. "Unemployment and Post-Keynesian Monetary Theory," Palgrave Macmillan Books, in: Mark Setterfield (ed.), Growth, Employment and Inflation, chapter 16, pages 226-240, Palgrave Macmillan.
    • Handle: RePEc:pal:palchp:978-1-349-27393-5_16
    DOI: 10.1007/978-1-349-27393-5_16
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