You cannot be half Keynesian any more than half pragnant. Go all the way with full employment
Of course that implies you can get anyone to agree on the definition of full employment.
It would be useful to have an agreed and precise definition of full employment. Care to start the first volley, Warren, Paul?
Henry C.K. Liu
- Re: Fed vs White House - LT interest rate targetting, Niggle, Christopher Sat 26 Apr 2003, 21:20 GMT
- <Possible follow-up(s)>
- Re: Fed vs White House - LT interest rate targetting, pdavidso Sat 26 Apr 2003, 22:10 GMT
- Re: Fed vs White House - LT interest rate targetting, Henry C.K. Liu Sun 27 Apr 2003, 02:09 GMT
- Re: Fed vs White House - LT interest rate targetting, Warren Mosler Mon 28 Apr 2003, 15:28 GMT
- What is Full Employment?, Henry C.K. Liu Mon 28 Apr 2003, 16:10 GMT
- Re: What is Full Employment?, paul davidson Mon 28 Apr 2003, 17:26 GMT
- Re: What is Full Employment?, Warren Mosler Mon 28 Apr 2003, 20:38 GMT
- Re: Fed vs White House - LT interest rate targetting, Warren Mosler Mon 28 Apr 2003, 15:30 GMT
- Re: Aspirations, pdavidso Sat 26 Apr 2003, 18:47 GMT