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Contributions to Political Economy, Vol. 7, No. 1, pp. 65-82, 1988

research-article

CONTROVERSIES IN THE THEORY OF EMPLOYMENT

MURRAY MILGATE*

Harvard University

Abstract

The guarded and undogmatic attitude of the best economists has not prevailed against the general opinion that an individualistic laissez-faire is both what they ought to teach and what in fact they do teach (J. M. Keynes, The End of Laissez-Faire, 1926)


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