This a wonky approach,. but the concept of sustainable "full employment" is an important one for policy for any economy still trading to any significant degree in commodities. Some socialists may bypass this as irrelevant for a command economy. ONly -- that last phrase is turns out to be founded on a fiction: commodities cannot be dismissed by command wherever scarcity in the ants of life prevails
What does "full employment" mean in the era of anchored inflation expectations?
-- via my feedly newsfeed