IN THIS PERIOD



                                                                  IN  THIS  PERIOD .....


In this period in which the High Unemployment has reached such levels as to lose Hope to people looking for their first job to find an Authentic Dignity at Work and discourage Companies to Take a New and Efficient Workforce, coming to create a persistent and negative socio-economic crisis that certainly does not bring any benefit to any economic subject.

 

Then it turns out to be more and more illuminating and less Orthodox thinking economist Keynes who said as the results were disappointing pull of economic science to a purely mathematical, for which the economy itself can not be considered an exact science which could give rise the role of the economist to the one who shows the Cure Necessary to ensure a Full Employment, a greater propensity to consumption of Families and a greater propensity to invest by the Single Building.

 

According to the Keynesian view of the production level of a nation is determined by the application of Consumers and Companies that causes it to produce more and more, to build new production facilities and hire new staff, taking into account the fact that not everything that is produced is purchased and that all money gained is entirely spent, creating a deficit of Demand lowering production levels resulting in increased unemployment.

 

It should also make a significant reduction in taxes to ensure a greater disposable income to families and proper reduction of taxes on labor by reducing the so-called tax wedge that can ensure a high disposable income for individual workers as well as decrease the interest rate on loans to increase investment significantly by businesses to purchase equipment, hire people and increase the supply of products and services.

 

Although the current Fiscal Compact poses significant limitations on public expenditure by the state is limited in acting with certain economic policies in response to that crisis, but that should not discourage the individual states in implementing policies to give confidence to companies to invest in risk capital to increase employment levels ensuring a gradual and steady growth and economic expansion.

 

So rereading Keynes we can find the Spirit's right to implement an Economic Recovery and Social guaranteeing a Rosy Future for New Generations to wake up from the long torpor of these years to be irradiated by a Fresh and Golden Aurora.

 

                                                                                                                          Gianluigi  Melucci 

 

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