A clear, evidence-led look at why jobs and goods don’t balance in the economy, and how money and credit shape that balance.
This nonfiction work explains the mismatch between the supply of labor and the demand for its products. It argues that money, interest, and the way credit moves through the economy help determine why unemployment and idle capacity persist, and it offers a framework for understanding how increasing the money supply could reduce stagnation.
- Learn how money and credit interact with wages, capital-profit, and employment.
- See how conventional ideas about price, value, and money can clash with real economic dynamics.
- Explore a rational approach to reducing involuntary idleness without overhauling every policy.
Ideal for readers seeking a measured, economics-grounded explanation of why market depressions occur and what kinds of financial changes might ease them.