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The Basic Problem of an Entrepreneurial System — Unemployment

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Economics for a Civilized Society
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Abstract

We live in an entrepreneurial economic system. Entrepreneurs — the managers of business and government enterprises — are people who make the day-to-day decisions on production schedules, employment hiring, trading activities and investment spending.

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Sources and References

  • Alfred Malabre, Beyond Our Means (New York: Random House, 1986).

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  • J. M. Keynes, The General Theory.

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  • Barry Bluestone and John Havens, ‘ The Microeconomic Impact of Macroeconomic Policy’, Journal of Post Keynesian Economics, 8, 1986.

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© 1988 Greg Davidson and Paul Davidson

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Davidson, G., Davidson, P. (1988). The Basic Problem of an Entrepreneurial System — Unemployment. In: Economics for a Civilized Society. Palgrave Macmillan, London. https://doi.org/10.1007/978-1-349-19244-1_5

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