The fact that full employment is not merely unfeasible but impossible is attested by all history. With the exception of relatively short periods, usually accompanied by war, no country has ever succeeded in achieving and maintaining full employment, despite various and often desperate efforts (Garraty).
Macarov, D. (1991), "FULL EMPLOYMENT IS NEITHER FEASIBLE NOR DESIRABLE", International Journal of Sociology and Social Policy, Vol. 11 No. 1/2/3, pp. 171-191. https://doi.org/10.1108/eb013132
MCB UP Ltd
Copyright © 1991, MCB UP Limited