Unemployment in retrospect: economic thought on unemployment in some crucial phases of the history of economics

Bernardini, Gabriel (A.A. 2021/2022) Unemployment in retrospect: economic thought on unemployment in some crucial phases of the history of economics. Tesi di Laurea in History of economic thought and policy, Luiss Guido Carli, relatore Carlo Cristiano, pp. 50. [Bachelor's Degree Thesis]

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The rise of the unemployment issue. What is the issue. A look at Say and Ricardo on machinery and unemployment. Marshall on unemployment. The path of Say’s law toward Marx and Keynes. Marx and capitalism necessity for unemployment. A brief mathematical introduction. The reserve army of labour. The factions of the surplus population. Pauperism today. Keynes and his general theory. The general theory. The money multiplier. An interesting development of Keynes' ideas: secular stagnation. Keynes as the precursor of secular stagnation. Hansen stagnation theory. Stagnation, from Hansen to Summers. Cases of secular stagnation now and then. On Keynes, main criticalities and points of contact. Between Keynes and Marx. A view on Keynes possible failure on unemployment. A Keynesian resurgence. How Keynes' ideas affedted the main 20th century's events. The great depression. Keynes and employment policy in the second world war. Friedman and Philips as main characters of the 20th century after Keynes. After Keynes, from Phillips to Friedman. The Phillips curve myth. The advocacy of inflation. Unemployment through recent economic crises, the 21th century. The great recession. Covid-19 impact. The impact of the degeneration of the Donbass conflict. Goodhart and Pradhan, the unemployment of tomorrow.


Bibliografia: pp. 44-50.

Thesis Type: Bachelor's Degree Thesis
Institution: Luiss Guido Carli
Degree Program: Bachelor's Degree Programs > Bachelor's Degree Program in Economics and Business, English language (L-33)
Chair: History of economic thought and policy
Thesis Supervisor: Cristiano, Carlo
Academic Year: 2021/2022
Session: Autumn
Deposited by: Alessandro Perfetti
Date Deposited: 26 Jan 2023 16:07
Last Modified: 26 Jan 2023 16:07
URI: https://tesi.luiss.it/id/eprint/34790


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