1. IntroductionPart One: Conceptual Prerequisites2. Defining Involuntary Unemployment3. From Labour Rationing to (Involuntary) Unemployment4. Trade OrganisationPart Two: Involuntary Unemployment in Keynes' General Theory5. Keynes' Programme. A Reconstruction6. Involuntary Unemployment in Keynes' General TheoryPart Three: IS-LM Macroeconomics7. Hicks <>8. IS-LM à la Modigliani9. Lange, Leontief, Tobin, Klein and Hansen10. Involuntary Unemployment in Macroeconomic TextbooksPart Four: Reconstructing Keynesian Economics: the Disequilibrium Approach11. The Forerunners: Patinkin, Clower, Leijonhufvud12. The Second Generation: Barro and Grossman, Dréze, Benassy and MalinvaudPart Five: The Anti-Keynesian Offensive13. Friedman14. Lucas Part Six: The New Keynesian Counter-Attack15. Implicit Contract Theory16. Efficiency Wages Models17. Insiders-Outsiders Theory18. Coordination Failure Models19. Imperfectly Competitive General Equilibrium Model20. Epilogue
Michel De Vroey is Professor of Economics at the Université catholique de Louvain (Belgium). His main research interest is the history of macroeconomics. He has held visiting positions at the Université de Paris, Panthéon-Sorbonne, Duke University and the Université de Montréal. He has published articles in Economics and Philosophy, The Cambridge Journal of Economics and in the main history of economic thought journals.
'Involuntary Unemployment will to the teacher constitute a valuable
text in any course on theories of unemployment. To the historian of
ideas, it displays a stimulating disregard for the clichés of
intellectual (pseudo) history. To the general economist, it makes
for a sprightly performance, full of position and thought'. -
William Coleman, Australian National University, Economic
Record
'Involuntary Unemployment will to the teacher constitute a valuable
text in any course on theories of unemployment. To the historian of
ideas, it displays a stimulating disregard for the clichés of
intellectual (pseudo) history. To the general economist, it makes
for a sprightly performance, full of position and thought'. -
William Coleman, Australian National University, Economic Record
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