Though it was widely held that there was no strong automatic tendency to full employment, many believed that if government policy were used to ensure it, the economy would behave as neoclassical theory predicted.
Kuigi laialdaselt oli levinud arvamus, et pole olemas tugevat tendentsi täistööhõive poolt, arvasid paljud, et kui valitsuspoliitikat kasutada selle saavutamiseks, siis käitub majandus nii nagu neoklassikaline teooria ennustas.