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Paul Ormerod: "Keynes mencoba menunjukkan bahwa ekonomi pasar dapat me...

"Keynes mencoba menunjukkan bahwa ekonomi pasar dapat menetap di negara-negara ekuilibrium di mana pasar tenaga kerja tidak jelas, dan di mana tingkat pengangguran tinggi. Dia percaya bahwa ini disebabkan oleh contoh kegagalan pasar, yang dikembangkan dalam konsep permintaan efektif."

--- Paul Ormerod

Versi Bahasa Inggris

Keynes tried to show that market economies could settle in equilibrium states in which the labour market did not clear, and in which the level of unemployment was high. He believed that this was due to a particular example of market failure, developed in his concept of effective demand.