Date of Submission
Fall 2018
Academic Programs and Concentrations
Economics
Project Advisor 1
Pavlina Tcherneva
Abstract/Artist's Statement
The economic policies of New Zealand have tended to reflect the economic orthodoxies of academia at any given time. Given that adherence to economic ‘truth’ as espoused by neoclassical economics is supposed to engender allocative efficiency and general equilibrium, this paper takes just one variable - unemployment - and explores why its market has continually failed to clear. Both demand and supply side factors are explored through a survey of the literature on employment determination, and a theoretically robust solution is proposed in the tradition of Modern Money Theory.
Open Access Agreement
Open Access
Creative Commons License
This work is licensed under a Creative Commons Attribution-Noncommercial-No Derivative Works 4.0 License.
Recommended Citation
English, Jack Eammon, "'Once Were Warriors', Now We're Unemployed: A Solution for New Zealand's Persistent Unemployment" (2018). Senior Projects Fall 2018. 31.
https://digitalcommons.bard.edu/senproj_f2018/31
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