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technological unemployment policy

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Journal Article
History of Political Economy (2018) 50 (4): 709–733.
Published: 01 December 2018
...Gregory R. Woirol Despite lack of support from professional economists, the idea of a tax on labor-saving machinery as a policy to help displaced workers had widespread popular appeal in the US throughout the Great Depression of the 1930s. A response to concerns about technological unemployment...
Journal Article
History of Political Economy (2006) 38 (3): 473–496.
Published: 01 September 2006
...? Survey Graphic 12 ( March ): 679 -81, 721. Baker, Elizabeth. 1930 . Unemployment and Technical Progress in Commercial Printing. American Economic Review 20 ( September ): 442 -66. Belfer, Nathan. 1946 . Technical Change and Technological Unemployment. PhD diss. , Harvard University...
Journal Article
History of Political Economy (1985) 17 (2): 223–244.
Published: 01 June 1985
... of cyclical unemployment. At the same time, he would encounter strong criticisms of notions like frictional and technological un- employment. He would find the phrase catallactic unemployment in prac- tically every discussion. And there would be practically no mention of how unemployment...
Journal Article
History of Political Economy (1989) 21 (1): 27–42.
Published: 01 March 1989
... and businessman. Wicksell recommended three policy measures. First, the general price level should be held as constant as possible. Second, the most effective measure to “fight unemployment” would be “the extension of cheap credit to businessmen who would like to produce for inventory during reces...
Journal Article
History of Political Economy (2020) 52 (S1): 31–58.
Published: 01 December 2020
... blamed technological change for unemployment. In response, engineers sought to instill undergraduates with a self-glorifying economic history that credited engineering for all civilized progress and prosperity. Their rhetoric positioned engineers as the embodiment of disciplined rationality, the problem...
Journal Article
History of Political Economy (1997) 29 (3): 445–496.
Published: 01 September 1997
... (October): 1 -13. Friedman , M. . 1968 . The Role of Monetary Policy. American Economic Review 58 (May): 1 -17. Friedman , M. . 1977 . Nobel Lecture: Inflation and Unemployment. Journal of Political Economy 85 . 3 : 451 -72. Galbraith , J. K. 1941 . The Selection...
Journal Article
History of Political Economy (1972) 4 (1): 113–126.
Published: 01 March 1972
... and magnitude in the context of Marxian growth. It emerges that crises depend on the interaction of three factors: the rate of change of technology and accumulation, the rapidity with which the economy adjusts to new technology and higher rates of accumulation, and the level of unemployment at which...
Journal Article
History of Political Economy (2020) 52 (5): 947–962.
Published: 01 October 2020
... that there is no evidence that the curve had any significant effect on subsequent economic policy. (2) As Forder and I agree, many economists before Phillips believed that wage changes would vary with the state of the economy. What Philips did was, by taking unemployment as a proxy for demand, to estimate that a relatively...
Journal Article
History of Political Economy (2009) 41 (Suppl_1): 334–355.
Published: 01 December 2009
... the rate of growth of real output per head you have to change the rate of technological progress.” Signifi cantly, such improvements stood largely outside the model’s explanatory purview, as follows from the statement that policy measures “involve considerations quite outside the model we have been...
Journal Article
History of Political Economy (1989) 21 (3): 457–480.
Published: 01 September 1989
... in technological unemployment, is significant for the understanding of the laws which determine distribution. As will be seen below, Ricardo’s new position is based upon a recognition of differential changes in a society’s net and gross income, the former being the source “from which landlords...
Journal Article
History of Political Economy (1985) 17 (1): 133–144.
Published: 01 March 1985
... strongly to loan expenditure for public investment as a remedy for unemployment. The shift in policy already discerned in Can Lloyd George do it? is accentuated. The 1933 pamphlet on policy foreshadows the 1936 General theory much as Ricardo’s 18 15 pamphlet on profits foreshadowed his 18 17...
Journal Article
History of Political Economy (1987) 19 (2): 191–205.
Published: 01 June 1987
..., From New Era to New Deal: Herbert Hoover, the economists, and American economic policy, 19214933 (Cambridge, 1985). 4. The key features of this position were set out in the autumn of 1921 in the Report of the President’s Conference on Unemployment (Washington, 1921). They were subsequently...
Journal Article
History of Political Economy (1977) 9 (1): 89–121.
Published: 01 March 1977
... issued in 1934, although their content had been available to the Committee and to Parliament earlier, in 1932-33. These were, first, a study by Alf Johansson, Wage Trends and Unemployment, then Gunnar Myrdal’s monograph on Economic Effects of Fiscal Policy, and shortly thereaf- ter Bertil...
Journal Article
History of Political Economy (2015) 47 (suppl_1): 77–98.
Published: 01 December 2015
..., and technological and cyclical unemployment (Kapp 1963). The issue of industrial accidents was given vast importance in the ear- lier institutionalist literature. Institutionalists such as Ezekiel Downey and John R. Commons were closely involved in the development and setting up of systems of workmen’s...
Journal Article
History of Political Economy (1979) 11 (1): 174–177.
Published: 01 March 1979
... is devoted to contemporary economic stabilization policy. Robbins predictably deprecates fine-tuning and controls, concludes that monetary policy has been underutilized relative to fiscal policy, and frets more about inflation than unemployment. He is par- ticularly explicit on the goal...
Journal Article
History of Political Economy (1988) 20 (2): 207–234.
Published: 01 June 1988
... underlies his theories (and implicitly underlies Friedman’s) hints at an alternative way of accounting for observed unemployment pat- terns. While monetarism and new classicism are based on the inter- Correspondence may be addressed to Professor Bellante, Dept. of Economics, university...
Journal Article
History of Political Economy (1973) 5 (1): 036–049.
Published: 01 March 1973
... policy in 1961 that Tobin mentions was the opposition to government spending, especially def - icit spending. As their first step in overcoming this obstacle, the Ken- nedy Council established a definite numerical f ull-employment target, the unemployment rate of 4 percent. As Tobin says...
Journal Article
History of Political Economy (2003) 35 (3): 385–436.
Published: 01 September 2003
... . Stockholm: Almqvist & Wiksell. Garraty, J. A. 1978 . Unemployment in History of Economic Thought and Public Policy . New York: Harper& Row. George, H. 1879 . Progress and Poverty: An Inquiry into the Cause of Industrial Depressions and Increase of Want with Increase of Wealth; the Remedy...
Journal Article
History of Political Economy (1983) 15 (2): 294–296.
Published: 01 June 1983
... the government to stimulate economic activity. Recovery brings unaccept- ably high rates of inflation, which convince the government to pursue a policy of restraint. Restraint brings back the unemployment, and the cycle has gone full circle. This sounds like the real world. While Professor Robinson...
Journal Article
History of Political Economy (1985) 17 (2): 219–222.
Published: 01 June 1985
... of Meltzer’s reinterpretation is that it makes the existence of Keynesian involuntary unemployment entirely compatible with market-clearing equilibrium in the labour market, as involuntary unem- ployment is regarded as the difference between the technologically deter- mined “maximum” level...