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9780313298929

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?Economists have generally been optimistic about the effects of technological change, but occasionally fears have arisen that it will cause significant, perhaps enduring, unemployment. In this book Woirol...focuses on two periods in which the optimism was challenged--the late 1920s and 1930s, when economists grappled with technological unemployment, and the 1960s, when they debated the importance of structural unemployment. Woirol makes a solid contribution to the history of economic thought and provides an evenhanded, concise (though encyclopedic and well-documented), readable, ...chronological survey of both the theoretical and empirical literature.... A useful addition to graduate and research collections in labor economics or the history of economic thought.?-Choice Economists have generally been optimistic about the effects of technological change, but occasionally fears have arisen that it will cause significant, perhaps enduring, unemployment. In this book Woirol...focuses on two periods in which the optimism was challenged--the late 1920s and 1930s, when economists grappled with technological unemployment, and the 1960s, when they debated the importance of structural unemployment. Woirol makes a solid contribution to the history of economic thought and provides an evenhanded, concise (though encyclopedic and well-documented), readable, ...chronological survey of both the theoretical and empirical literature.... A useful addition to graduate and research collections in labor economics or the history of economic thought. -Choice

?Economists have generally been optimistic about the effects of technological change, but occasionally fears have arisen that it will cause significant, perhaps enduring, unemployment. In this book Woirol...focuses on two periods in which the optimism was challenged--the late 1920s and 1930s, when economists grappled with technological unemployment, and the 1960s, when they debated the importance of structural unemployment. Woirol makes a solid contribution to the history of economic thought and provides an evenhanded, concise (though encyclopedic and well-documented), readable, ...chronological survey of both the theoretical and empirical literature.... A useful addition to graduate and research collections in labor economics or the history of economic thought.?-Choice

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GREGORY R. WOIROL is Professor of Economics and holder of the Richard and Billie Deihl Distinguished Chair at Whittier College. Dr. Woirol has published numerous books and journal articles dealing with subjects in economics.

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