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Synopsis
Unlocking the unemployment puzzle with a clear, evidence-based view of how production, prices, and money shape jobs.
In The Riddle of Unemployment, Charles Edward Pell lays out a practical framework for understanding why economies slip into recession and how policy can restore work. Drawing on early 20th‑century debates, the book argues that price movements and credit policy, rather than vague natural laws, drive booms and slumps. It explains how credit control, via the bank-rate, can stabilize employment and support social progress without risky schemes.
- See how the balance between production capacity, demand, and money flow affects job availability
- Learn why saving and investment can support employment rather than cause unemployment
- Understand the role of monetary policy, specifically the rate of discount, in keeping prices and jobs stable
- Compare different ideas about currency and how they influence real economic outcomes
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The Riddle of Unemployment and Its Solution (Classic Reprint)
Print on DemandSeller: Forgotten Books, London, United Kingdom
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Paperback. Condition: New. Print on Demand. This book explores the riddle of unemployment and proposes a solution. Unemployment is a problem as old as society itself, yet it persists through periods of prosperity and peace and reaches its peak during economic downturns. The author argues that unemployment is caused by a fall in prices, which in turn results from a contraction of credit. The book presents a thorough analysis of the relationship between money and prices, challenging the conventional understanding of the quantity theory of money. The author delves into the history and mechanics of currency systems, demonstrating how the gold standard is flawed and leads to disastrous contractions of credit and consequent trade depressions. Proposing an alternative, the author outlines an ideal currency system that would prevent these problems and provide the revenues for social reforms. By understanding the root cause of unemployment and implementing the solutions proposed in this book, we can break the back of this persistent and devastating problem. This book is a reproduction of an important historical work, digitally reconstructed using state-of-the-art technology to preserve the original format. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in the book. print-on-demand item. Seller Inventory # 9781330636701_0
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The Riddle of Unemployment and Its Solution Classic Reprint
Seller: PBShop.store US, Wood Dale, IL, U.S.A.
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PAP. Condition: New. New Book. Shipped from UK. Established seller since 2000. Seller Inventory # LW-9781330636701
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The Riddle of Unemployment and Its Solution Classic Reprint
Seller: PBShop.store UK, Fairford, GLOS, United Kingdom
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PAP. Condition: New. New Book. Shipped from UK. Established seller since 2000. Seller Inventory # LW-9781330636701
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The Riddle of Unemployment and Its Solution (Classic Reprint)
Print on DemandSeller: Revaluation Books, Exeter, United Kingdom
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Paperback. Condition: Brand New. 232 pages. 8.98x6.02x0.55 inches. This item is printed on demand. Seller Inventory # zk1330636708
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The Riddle of Unemployment and Its Solution (Classic Reprint)
Seller: Buchpark, Trebbin, Germany
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Condition: Hervorragend. Zustand: Hervorragend | Sprache: Englisch | Produktart: Bücher | Keine Beschreibung verfügbar. Seller Inventory # 25828275/1