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Books > History > American history
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American Unemployment - Past, Present, and Future (Hardcover)
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American Unemployment - Past, Present, and Future (Hardcover)
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The history of unemployment and concepts surrounding it remain a
mystery to many Americans. Frank Stricker believes we need to
understand this essential thread in our shared past. American
Unemployment is an introduction for everyone that takes aim at
misinformation, willful deceptions, and popular myths to set the
record straight: Workers do not normally choose to be unemployed.
In our current system, persistent unemployment is not an
aberration. It is much more common than full employment, and the
outcome of elite policy choices. Labor surpluses propped up by
flawed unemployment numbers have helped to keep real wages stagnant
for more than forty years. Prior to the New Deal and the era of big
government, laissez-faire policies repeatedly led to depressions
with heavy, even catastrophic, job losses. Undercounting the
unemployed sabotages the creation of government job programs that
can lead to more high-paying jobs and full employment. Written for
non-economists, American Unemployment is a history and primer on
vital economic topics that also provides a roadmap to better jobs
and economic security.
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