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This 1990 book is a comprehensive study of government reactions to the interwar unemployment problem. Drawing upon an extensive range of primary and secondary sources, it analyses official ameliorative policy towards unemployment and contemporary reactions to such intervention.
Despite the dominance of unemployment in the historiography of interwar Britain, there is as yet no comprehensive single volume study of government reactions to the problem over the entire period down to 1939. British Unemployment 1919-1939 aims to fill that gap. W.R. Garside draws upon an extensive range of primary and secondary sources to analyze official ameliorative policy toward unemployment and contemporary reactions to such intervention. He assesses the nature and scale of interwar unemployment assistance. Careful study is also made of the impact of unemployment on related areas of economic concerns such as monetary and fiscal policy, industrial change, overseas trade, colonial development, labor supply and the impact of collective bargaining. Comprehensive, informative and clearly written, this book is the fullest account of policy responses to unemployment in the interwar period. It will be invaluable to specialists in recent British economic history and public policy, as well as an essential reference work for students coming to the subject for the first time.
Reference book comprising a bibliography aiming to bring together secondary source interdisciplinary material on labour relations in the UK between the years 1880 and 1970 - covers employees attitudes, trade unions and employees associations, employers organizations, the labour market and working conditions, etc.
This book describes the remarkable path which led to the Swiss Franc becoming the strong international currency that it is today. Ernst Baltensperger and Peter Kugler use Swiss monetary history to provide valuable insights into a number of issues concerning the organization and development of monetary institutions and currency that shaped the structure of financial markets and affected the economic course of a country in important ways. They investigate a number of topics, including the functioning of a world without a central bank, the role of competition and monopoly in money and banking, the functioning of monetary unions, monetary policy of small open economies under fixed and flexible exchange rates, the stability of money demand and supply under different monetary regimes, and the monetary and macroeconomic effects of Swiss Banking and Finance. Swiss Monetary History since the Early 19th Century illustrates the value of monetary history for understanding financial markets and macroeconomics today.
John Maynard Keynes, then a rising young economist, participated in the Paris Peace Conference in 1919 as chief representative of the British Treasury and advisor to Prime Minister David Lloyd George. He resigned after desperately trying and failing to reduce the huge demands for reparations being made on Germany. The Economic Consequences of the Peace is Keynes' brilliant and prophetic analysis of the effects that the peace treaty would have both on Germany and, even more fatefully, the world.
Beveridge defined full employment as a state where there are slightly more vacant jobs than there are available workers, or not more than 3% of the total workforce. This book discusses how this goal might be achieved, beginning with the thesis that because individual employers are not capable of creating full employment, it must be the responsibility of the state. Beveridge claimed that the upward pressure on wages, due to the increased bargaining strength of labour, would be eased by rising productivity, and kept in check by a system of wage arbitration. The cooperation of workers would be secured by the common interest in the ideal of full employment. Alternative measures for achieving full employment included Keynesian-style fiscal regulation, direct control of manpower, and state control of the means of production. The impetus behind Beveridge's thinking was social justice and the creation of an ideal new society after the war. The book was written in the context of an economy which would have to transfer from wartime direction to peace time. It was then updated in 1960, following a decade where the average unemployment rate in Britain was in fact nearly 1.5%.