„However, it can also employ people by encouraging employers to divide work among more workers.”
In USSR there were planned directives for employers „to create N workplaces per year”. Say, if an area was being cleaned/maintained by four people, it had then to accommodate five till further notice. Yes, in USSR virtually there wasn't any unemployment...
Another potential solution I see mentioned here that isn't proposed as such or further explained why this became true in the past, is that we can have another war because "war made deficits irrelevant."
Well seeing as human nature hasn't really changed much over our entire existence, and war apparently makes deficits irrelevant (according to the article), I don't think it is a question of how many is appropriate, but in which circumstances can war be conducted to give the outcome of deficits becoming irrelevant (for a country/economic-zone/etc, and assuming when deficits are irrelevant that things will be better)?
In USSR there were planned directives for employers „to create N workplaces per year”. Say, if an area was being cleaned/maintained by four people, it had then to accommodate five till further notice. Yes, in USSR virtually there wasn't any unemployment...