According to Classical Economists, Full employment is a normal feature of an economy.
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According to Ward, “Full employment is the level of employment associated with a normal level of unemployment.” Flexibility of Price and Wages: ADVERTISEMENTS: The classical economists believed that there is always a condition of full employment of resources in an economy
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The word, classical economists, was first used by Karl Marx to define the thoughts and perceptions of various economics experts, such as Ricardo and Adam Smith. On the other hand, Keynes considered classical economists as the followers of David Ricardo.
According to him, these followers were John Stuart Mill, Alfred Marshall, and Pigou.
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