Out of Work : Unemployment and Government in Twentieth-Century America / / Richard K Vedder and Lowell E. Gallaway ; foreword by Martin Bronfenbrenner.

• VerfasserIn: Vedder, Richard K.,
• TeilnehmendeR: Gallaway, Lowell E. 1930-
• Place / Publishing House: New York : : New York University Press,, [1997]; Baltimore, Md. : : Project MUSE,, 2021; ©[1997]
• Year of Publication: 1997
• Edition: Updated edition.
• Language: English
• Physical Description: 1 online resource (336 p.)
• Notes: "An Independent Institute book."

Redefining the way we think about unemployment in America today, Out of Work offers devastating evidence that the major cause of high unemployment in the United States is the government itself.

Table of Contents

Foreword / Martin Bronfenbrenner -- Preface to the updated edition / Richard K. Vedder and Lowell E. Gallaway -- Preface to the first edition / Richard K. Vedder and Lowell E. Gallaway -- 1. The unemployment century -- 2. Unemployment in theory -- 3. The neoclassical/Austrian approach: an overview -- 4. The Gilded Age -- 5. From New Era to New Deal -- 6. The banking crisis and the labor market -- 7. The New Deal -- 8. The impossible dream come true -- 9. The gentle time -- 10. The Camelot years -- 11. "Pride goeth before a fall" -- 12. The winds of change -- 13. The natural rate of unemployment -- 14. Who bears the burden of unemployment? -- 15. Unemployment and the state -- 16. Afterword -- Appendix A. The extended theoretical model -- Appendix B. The technical aspects of the statistical analysis.