Technical progress, market forms and unemployment
DOI:
https://doi.org/10.13133/2037-3643/10833Keywords:
Sylos Labini, Ricardo, Keynes, technological unemploymentAbstract
The purpose of the present paper is threefold. The first purpose is to emphasise the importance of the insights to be found in Sylos Labini’s work. The second purpose is to expand upon it by distinguishing between the different types of technical progress. Finally, the third purpose is to comment on Labini’s comparison of Ricardo and Keynes on the possibility of technological unemployment. Regarding his description of technological progress as “labour saving”, the author shows that a more comprehensive description would be more useful for his purposes.
JEL: E24, J64, O33
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