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The Labor Divide

By: Sam Vaknin

... palma@unet.com.mk or to samvaknin@gmail.com Visit the Author Archive of Dr. Sam Vaknin in "Central Europe Review" http://www.ce-review.org/au... ...ide.html ISBN: 9989-929-27-0 Created by: LIDIJA RANGELOVSKA REPUBLIC OF MACEDONIA 100 articles and essays (microeconomics ... ... products (e.g., greenhouse flowers), organic foods, ethnic foods, remote processing of backroom operation using computers and modems, software auth... ... state of the physical infrastructure, education and knowledge of foreign languages and “mission critical skills”, geographical position and proximi... ...h Friedman and Phelps attacked this notion. Unemployment seems to have a “natural” (equilibrium or homeostatic) rate, which is determined by the str... ...tic) rate, which is determined by the structure of the labour market. The natural rate of unemployment is consistent with stable inflation (NAIRU – ... ...y three goods: labour, commodities, and money. The Table provides a rough outline (a full treatment would be both technical and lengthy) of the deve... ... products (e.g., greenhouse flowers), organic foods, ethnic foods, remote processing of backroom operation using computers and modems, software auth...

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