what do they use to buttress such a counter-intuitive case?
What askod said: They pretend that you need a reserve army of the unemployed to control inflation.
It's horseshit, of course, but that has never stopped them from claiming it.
and is the accent on 'involuntary'? who but the wealthy volunteers their employment away?
Because voluntary unemployment is called "vacation" or "sabbatical" and is not generally considered a problem.
- Jake If you only spend 20 minutes of the rest of your life on economics, go spend them here.
