The concepts and theories surrounding the economics of unemployment have multiplied and evolved over the course of the twentieth century and into the twenty-first. This book is an essential companion for all interested in understanding more about past debates and current issues in the economics of unemployment.Introduction; P.Arestis and J.McCombieKalecki on the Causes of Unemployment and Policies to Achieve Full Employment; M.SawyerThe Relevance of Keynes Today with Particular Reference to Unemployment in Rich and Poor Countries; A.P.ThirlwallKeynesian Involuntary Unemployment and Modern Macroeconomics; J.TrevithickGrowth and Unemployment in an Extended Kaldorian Model; M.RobertsMonetary Policy, Wage Bargaining, Inflation and Employment in a Post-Keynesian Alternative to the New Consensus Model; E.Hein and E.StockhammerThe 'Unemployment Bias' of the New Consensus View of Macroeconomics; G.FontanaUnemployment and the Natural Interest Rate in a Neo-Wicksellian Model; P.Arestis and E.KarakitsosIs Inflation Targeting the Enemy of Employment Targeting?; M.SetterfieldLabour Market Search and Monetary Shocks: A Theoretical Consideration; J.ChadhaJAGJIT CHADHA Professor of Economics, Department of Economics, University of Kent, UKGIUSEPPE FONTANA Professor of Monetary Economics, Leeds University Business School, UKECKHARD HEIN Senior Researcher, Macroeconomic Policy Institute (IMK), Hans Boeckler Foundation, Duesseldorf, Germany; Visiting Professor, Carl von Ossietzky University, Oldenburg, GermanyELIAS KARAKITSOS Global Economic ResearchMARK ROBERTS University of Cambridge, UKMALCOLM SAWYER Pro-Dean for Learning and Teaching and Professor of Economics, Leeds University Business School, UKMARK SETTERFIELD Department of Economics, Trinity College, USAENGELBERT STOCKHAMMER Department of Economics, Vienna University of Economics& Business Administration, AustriaA.P. THIRLWALL Professor of Applied Economics, University of Kent, Canterbury, UKJAMES TREVITHICK Director of Stl*