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Re: CJE 2001 critical review of trade theory and policy



The right comes from the concept of social contract.  The people grant the
central banks the authority to devise and conduct monetary policy.  They
have the right to insist on full employment as a policy prerequisite. The
natural rate of unemployment must be full employment.

Henry C.K. Liu

bp wrote:

> I guess that is the question. Is there really such a right? When did it
> spring into existence?
>
> > The right of all to productive and fulfilling work is sacrosanct




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