The Capitalist Professor with George Reisman, Ph.D. - Free College Courses on Capitalism

Capitalism Macroeconomics Lecture 6


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Mass unemployment: the causes and the remedy. Real wages and the productivity of labor. Is government intervention to promote labor unions and raise wages in the self-interest of the wage earners or is its actual effect to cause unemployment and hold down the rise in real wages?

READINGS

  • Reisman: pp. 613–663
  • Hazlitt: pp. 134-151 (chaps. XIX-XXI)
  • Samuelson: Chapter 14
  • ...more
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    The Capitalist Professor with George Reisman, Ph.D. - Free College Courses on CapitalismBy George Reisman

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