NAIRU is an excuse to keep people out of work. NAIRU is an excuse to suppress labour power. There is no ‘right amount of unemployment’ so long as even one person is unemployed, it is the primary duty of the government to employ him/her productively and with a living wage!

Why are our policymakers unwilling to understand that it is always and everywhere aggregate demand that can ensure as much employment of all real resources as needed? Employment is a direct function of sales and sales is a direct function of aggregate spending.