Keynes, Explained Briefly

凯恩斯经济学简明解读

作者: Aaron Swartz | 来源: aaronsw.com | 时间: 2009-09-24

If you read the economic textbooks, you’ll find that the job market is a market like any other. There’s supply (workers) and demand (employers). And the incredible power of market competition pushes the price (wages) to where those two meet. Thus massive unemployment is about as likely as huge unsold piles of wheat: if people aren’t buying, it’s just because you’re setting the price too high.

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