And the Idea of Involuntary Unemployment

  • CASSEL WICKSELL
  • Published 2001

Abstract

The paper examines the notions of involuntary unemployment put forward by Knut Wicksell and Gustav Cassel in the early 1900s, and points out their similarities and differences to J.M. Keynes's (1936) concept. Based on unplublished archive material and untranslated Swedish texts, the paper discusses the equilibrium and disequilibrium notions associated to… (More)

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