Friday, December 3, 2010

The Long Term Problem of Full Employment

John Maynard Who?

"As the third phase comes into sight; the problem stressed by Sir H. Henderson begins to be pressing. It becomes necessary to encourage wise consumption and discourage saving,-and to absorb some part of the unwanted surplus by increased leisure, more holidays (which are a wonderfully good way of getting rid of money) and shorter hours."

2 comments:

  1. Sandwichman:

    The link to your book with an introduction to the Newcastle Engineers strike. May I have the link again please? I came back to NY and left the link in Michigan.

    Regards

    ReplyDelete
  2. run75441, it's right at the top of the page -- Jobs, Liberty and the Bottom Line (I've changed the title).

    http://ecologicalheadstand.blogspot.com/p/jobs-liberty-and-bottom-line.html

    ReplyDelete