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Re: Full Employment is what?

Is it a safe assumption that all thinkers on the subject of
full employment have in mind that "full employment" is
relative to the labor pool and that the labor pool is
international?

National measurements of unemployment are based on an
assumption of a zero exclusive of the standing army of
unemployed waiting at the borders of all developed nations.

What are the implications of this for the ELR/JG proposals?
In particular, will absolute immigration control be necessary?
If so, is this realistic?  Can all nations be Japan?  Can Japan
be Japan?

          Mason C


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