Search results for "full employment"
showing 2 items of 12 documents
Circuit Theory and the Employment Issue.
2005
The circuit is a time-honoured concept in economics. It can be traced back to the Physiocrats of eighteenth-century France, who viewed production as a circular process initiated by advances, that is, capital expenditures which are recouped when goods are produced and then sold. Ever since then, however, this conception, without being explicitly discarded, has been left on the sidelines. For instance, Schumpeter, Keynes, Kalecki and J. Robinson, to mention twentieth-century economists only, undoubtedly made allowance for the circuit but did not give it prominence.1 In fact, the idea of making use of this conception as a research tool remained largely dormant until the late 1960s in France an…
"The rules of the game": how to favor entrepreneurship and creativity in a non-capitalistic economy
2016
The economy, nowadays, is leading us toward a huge crisis. An environmental crisis, a new financial crisis and finally a war crisis. The aim of this paper is to propose a way to change our economy to favor a better perspective of the future. In order to promote this new economy, two suggestions are proposed: promote entrepreneurship and promote creativity within an economy that would aim at getting full employment and at avoiding any unethical action towards the environment. Several propositions are made about education, culture and economy to obtain sustainable changes in the economic landscape and in order to promote entrepreneurship in this fictive economy.