The Natural Rate of Unemployment
Subtitle: Reflections on 25 Years of the Hypothesis
Contributors: Rod Cross (Editor); Olivier Blanchard (Preface)
Publisher: Cambridge University Press
Published: June 30, 1995
Language: eng
Format: Paperback
Number of pages: 398
ISBN-13: 9780521483308
Subjects: Employment & unemployment; Macroeconomics; Effect of inflation on; Business/Economics; Business & Economics; Business / Economics / Finance; Labor; Economics - General; Economics - Macroeconomics; Business & Economics / Labor; Business & Economics / Macroeconomics; Business & Economics-Economics - General; Business & Economics-Economics - Macroeconomics; Unemployment
First sentence: As Keynes remarked, 'the ideas of economists and political philosophers, both when they are right and when they are wrong, are more powerful than is commonly understood' (Keynes, 1936, p. 383).