Abstract
Fifteen years ago, presidential candidate Francois Mitterand char¬acterized full employment as a moral obligation: «A country like ours, with 1,500,000 unemployed, ceases to be a free country». But today, France has unemployment, at 3.1 million, of twice that level.
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Mundell, R. (1996). Unemployment, Competitiveness and the Welfare State. In: Baldassarri, M., Paganetto, L., Phelps, E.S. (eds) Equity, Efficiency and Growth. Central Issues in Contemporary Economic Theory and Policy. Palgrave Macmillan, London. https://doi.org/10.1007/978-1-349-24649-6_6
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