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The Problem of the Unemployed, an Enquiry and an Economic Policy (Classic Reprint) - Softcover

 
9781330589748: The Problem of the Unemployed, an Enquiry and an Economic Policy (Classic Reprint)

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Excerpt from The Problem of the Unemployed, an Enquiry and an Economic Policy The Unemployed Question has greatly suffered from the modern tendency of economic investigation in England to devote an almost exclusive attention to the study of detailed facts, ignoring the larger facts or principles in which these smaller facts find their unity. It may be readily conceded that the treatment of no industrial subject has suffered more than this from vague and unfounded generalities, and that the close labour of historical research in collecting and grouping facts is a most urgent need. Such work to be effective requires a separate investigation and discussion of the several forms and aspects of Unemployment and of the forces which are engaged in causing it. So the Unemployed Question easily bifurcates into the treatment of skilled and unskilled, able-bodied and inefficient, temporarily unemployed and surplus labour, country and town labour, while each trade is found to have its special characters and causes of seasonal irregularity or wider fluctuations. About the Publisher Forgotten Books publishes hundreds of thousands of rare and classic books. Find more at www.forgottenbooks.com This book is a reproduction of an important historical work. Forgotten Books uses state-of-the-art technology to digitally reconstruct the work, preserving the original format whilst repairing imperfections present in the aged copy. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in our edition. We do, however, repair the vast majority of imperfections successfully; any imperfections that remain are intentionally left to preserve the state of such historical works.

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  • PublisherForgotten Books
  • Publication date2020
  • ISBN 10 1330589742
  • ISBN 13 9781330589748
  • BindingPaperback
  • Number of pages203

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J. A. Hobson
Published by Forgotten Books, 2018
ISBN 10: 1330589742 ISBN 13: 9781330589748
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Paperback. Condition: New. Print on Demand. This thought-provoking book dives into the complexities and misconceptions surrounding unemployment, which has long been viewed as a personal moral failing rather than a systemic issue. The author argues that unemployment is instead an intrinsic aspect of economic downturns, known as trade depressions, and pinpoints excessive capital accumulation as the direct cause. Through an analysis of historical data and real-world examples, the author demonstrates that economic growth and productivity outpace consumption, resulting in a surplus of labor and a stagnant economy. They challenge the prevailing view that personal thrift and saving contribute to economic prosperity, instead arguing that excessive saving actually inhibits consumption and stifles economic activity. The book concludes with practical policy recommendations and remedies to address this imbalance and promote sustainable economic growth. This book offers a groundbreaking perspective on unemployment, highlighting its systemic nature and the crucial role of consumption in driving economic prosperity. Forgotten Books publishes hundreds of thousands of rare and classic books. This book is a reproduction of an important historical work. Forgotten Books uses state-of-the-art technology to digitally reconstruct the work, preserving the original format whilst repairing imperfections present in the aged copy. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in our edition. We do, however, repair the vast majority of imperfections successfully; any imperfections that remain are intentionally left to preserve the state of such historical works. The digital edition of all books may be viewed on our website before purchase. print-on-demand item. Seller Inventory # 9781330589748_0

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