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
R.M. Solow, The Nature and Sources of Unemployment in the United States, the Wicksell Lectures (Stockholm, 1964) p. 51.
D.T. Jones, ‘Output, Employment and Labour Productivity in Europe since 1955’, National Institute Economic Review, August, 1976
W. Leontief and F. Duchin, The Future Impact of Automation on Workers (Oxford University Press, New York, 1986).
R.C. Bryant, D.W. Henderson, G. Holtham, P. Hooper and S.A. Symansky (eds) Empirical Macroeconomics for Interdependent Economies (Brookings, Washington, 1988).
See R.M. Solow, ‘Economic History and Economics’, Proceedings of the American Economic Association, American Economic Review, May, 1985, p. 328.
B. Hansen, Fiscal Policy in Seven Countries, 1955–1965 (OECD, 1969).
J.K. Galbraith, The Affluent Society (London: Hamish Hamilton, 1958) pp. 164–5
M. Friedman and A. Schwartz, Monetary Trends in the United Kingdom and the United States (University of Chicago Press, 1982).
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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DOI: https://doi.org/10.1007/978-1-349-20460-1_2
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