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The Prospects for Employment in Britain

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Frontiers of Economic Research
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Abstract

People sometimes ask me what I am doing now that I have retired. When I reply that I am trying to find out why we have to have so much unemployment, they look a little puzzled that an economist should be bothered with such a question, and then they proceed to tell me the answer.

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Notes

  1. R.M. Solow, The Nature and Sources of Unemployment in the United States, the Wicksell Lectures (Stockholm, 1964) p. 51.

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  2. D.T. Jones, ‘Output, Employment and Labour Productivity in Europe since 1955’, National Institute Economic Review, August, 1976

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  3. W. Leontief and F. Duchin, The Future Impact of Automation on Workers (Oxford University Press, New York, 1986).

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  4. R.C. Bryant, D.W. Henderson, G. Holtham, P. Hooper and S.A. Symansky (eds) Empirical Macroeconomics for Interdependent Economies (Brookings, Washington, 1988).

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  5. See R.M. Solow, ‘Economic History and Economics’, Proceedings of the American Economic Association, American Economic Review, May, 1985, p. 328.

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  6. B. Hansen, Fiscal Policy in Seven Countries, 1955–1965 (OECD, 1969).

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  7. J.K. Galbraith, The Affluent Society (London: Hamish Hamilton, 1958) pp. 164–5

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  8. M. Friedman and A. Schwartz, Monetary Trends in the United Kingdom and the United States (University of Chicago Press, 1982).

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  9. A.J. Brown, ‘Friedman and Schwartz on the United Kingdom’ Bank of England Panel Paper, no.22, October 1983. See also A.J. Brown, World Inflation since 1950 (Cambridge University Press, 1985).

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© 1990 The British Association for the Advancement of Science

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Worswick, D. (1990). The Prospects for Employment in Britain. In: Deane, P. (eds) Frontiers of Economic Research. British Association for the Advancement of Science. Palgrave, London. https://doi.org/10.1007/978-1-349-20460-1_2

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