Brian K. MacLean – författare

Arguing that the consequences of the unemployment crisis could have been avoided by better government policies, particularly less restrictive monetary control, the contributors examine the effect of the zero-inflation policy adopted by the Bank of Canada and the role of unemployment insurance on the unemployment crisis of recent years. Their analysis includes discussion of various facets of unemployment in France, Germany, and Japan for comparison. Contents Introduction - Brian K. MacLean and Lars Osberg Digging a Hole or Laying the Foundation? The Objectives of Macroeconomic Policy in Canada - Lars Osberg The Unbearable Lightness of Zero-Inflation Optimism - Pierre Fortin (UQAM) Real Interest Rates and Unemployment - John Smithin (York) Using the NAIRU as a Basis for Macroeconomic Policy: An Evaluation - Mark Setterfield (Trinity College) Does Unemployment Insurance Increase Unemployment? - Shelley Phipps (Dalhousie) Why Do We Know So Little About Unemployment Determination and UI Effects? - Tony Myatt (UNB) Unemployment Insurance and Unemployment - Revisited - Lars Osberg The Rise of Unemployment in Ontario - Andrew Sharpe (Centre for the Study of Living Standards) Unemployment among Canada''s Aboriginal Peoples - Helmar Drost (York) Unemployment Persistence in France and Germany - Dominique Gross (Simon Fraser) Low Unemployment in Japan: The Product of Socio-economic Coherence - Patrice de Broucker (Statistics Canada) A Macroeconomic Policy Package for the 1990s - Mike McCracken (Informetrica). Both critical of past performance and optimistic about future possibilities, The Unemployment Crisis makes a timely and valuable addition to current literature on economic policy.

Written by distinguished Keynesian and Post-Keynesian economists from diverse national backgrounds, this book examines the economic growth and employment experiences of both large areas of the world and specific economies. Dealing with critical issues in macroeconomic theory and policy, this book puts current issues in a historical perspective.Emphasising developments during and after the Great Recession, and paying due attention to the impacts of austerity policies, chapters explain that high growth of aggregate demand is as essential as ever to achieving full employment and rising living standards. Organised into three distinct thematic parts, the book moves from discussing theoretical considerations, to aggregate demand and employment in the EU, Latin America and the developing world, to individual country studies including Canada, India and Japan.Economics students, particularly those interested in heterodox economics and macroeconomics, will find the accessible language and perspectives on a range of major regions helpful. This will also be a useful read for macroeconomic policy-makers looking for a more in-depth understanding of the importance of boosting aggregate demand.Contributors include: H. Bougrine, J.K. Galbraith, B.K. MacLean, J.W. Mason, L. Osberg, L.-P. Rochon, M. Sawyer, M. Seccareccia, S. Sen, J. Toporowski, M. Vernengo