American society is based on work. The industrial revolution exposed a growing proportion of the population to unemployment, underemployment, and dislocation. Early theoreticians believed that unemployment was a temporary labor market imbalance that would correct itself with downward wage adjustments. John Maynard Keynes, on the other hand, argued…

This monograph outlines public policy responses to deal with the effects of forced worklife changes fashioned by government in the United States, Japan, and Western European countries. From the Morrill Act of 1862, through New Deal policy initiatives and on to the "active" manpower policies operating in Europe, the record of government…

This policy statement focuses on ways of overcoming unemployment and underemployment for groups (young, old, disadvantaged) that typically experience high or prolonged joblessness, and on increasing incentives for productive work. Recommendations resulting from the CED study focus on these areas: new and expanded use on a nationwide basis of…

This book explores how two nations with widely divergent political economies, Germany and the United States (U.S.), embraced change in four contemporary settings. "Mutual Learning with Trade-Offs" (Kirsten Wever) discusses mutual learning and the distinguishing characteristics of the political economies of Germany and the U.S.…