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The Politics of Unemployment

1987

by Sennholz

Economic PolicyHans F. SennholzUnemploymentBusiness CyclesInflationTaxationTrade UnionsProtectionismMises InstituteEffective DemandGreat DepressionInterventionismJohn Maynard KeynesCapital ConsumptionCapital AccumulationIndustrial RevolutionKarl MarxProperty RightsThomas MalthusDivision of LaborSocial PolicyLabor LawProductivityHuman CapitalLabor MobilityMinimum WageAdam SmithConsumer SovereigntyJean-Baptiste SayCredit ExpansionCoercionLabor MarketPrice ControlsKeynesian EconomicsWagesPovertyMarket ProcessInsuranceNew DealThomas AquinasWelfare StatePaul SamuelsonJohn LawMercantilismPhillips CurveSay's LawMonetary PolicyJoseph SchumpeterArthur Cecil PigouOverproductionCapitalismExploitationIncome DistributionUnderconsumptionAustrian SchoolFriedrich A. HayekInterest RatesLudwig von MisesMalinvestmentMonetary TheoryWage RigidityFederal ReserveGold StandardMoney SupplyFiscal PolicySocial JusticeAlfred MarshallCollective BargainingJohn Stuart MillCapital MovementsMarginal UtilityInvestmentEconomic CalculationComparative AdvantageDavid RicardoFree TradeSocialismSovereigntyEconomic HistoryEntrepreneurshipStandard of LivingMacroeconomicsStagflationEugen von Bohm-BawerkMilton Friedman

Table of Contents · 80 segments

1
Front Matter and Publication Detailstheoretical
2
Table of Contentstheoretical
3
Table of Contents (Chapters 14-20)theoretical
4
Prefacetheoretical
5
Acknowledgmentstheoretical
6
Introduction: The Schools of Unemployment Thoughttheoretical
7
Part One: Work, Wages and Unemployment - Chapter 1: The Supply of Labortheoretical
8
Capital, Immigration, and the Participation Rateessay
9
Population Growth: Malthus vs. Capitalismchapter
10
The Participation Rate and Demographic Shiftschapter
11
Hours of Work and the Fallacy of Spreading the Workchapter
12
Education and Labor: Investment or Consumption?chapter
13
Markets and Labor Mobilitychapter
14
The Demand for Labor and Marginal Productivitychapter
15
Temporary vs. Institutional Unemploymentchapter
16
Institutional Unemployment and Minimum Wage Effectschapter
17
The Economic Consequences of Minimum Wage Mandatesessay
18
Consumer Sovereignty and Benefit Mandatesessay
19
Production Barriers and Price Controlschapter
20
Inflation and Labor Unions as Institutional Barriersessay
21
Part Two: Political Barriers - The History and Impact of Minimum Wageschapter
22
The Victims and Beneficiaries of Wage Legislationessay
23
Extension of Coverage and Indexing the Minimum Wageessay
24
Employer Offsets and Political Incentivesessay
25
The Davis-Bacon Act: Racism and Economic Disintegrationchapter
26
Benefit Mandates and the Illusion of Employer Gratuitieschapter
27
Mandated Benefits and the Shifting Processtheoretical
28
Old and New Benefits: The Process of Economic Adjustmentchapter
29
Social Security and Payroll Taxeschapter
30
Unemployment Compensation: Theory and Practicechapter
31
Workmen's Compensation, OSHA, ERISA, and EEOCchapter
32
The Rationale of Unemployment Compensation and Public Charitychapter
33
Unemployment Compensation as a Destabilizing Forcetheoretical
34
Disincentives and Fraud in Unemployment Systemstheoretical
35
Inflation: From John Law to John Keyneschapter
36
Inflation as a Cause of Institutional Unemploymenttheoretical
37
Business Cycles: Doctrines and Theorieschapter
38
The Complexities of Division of Laborchapter
39
The Capitalistic System: Distribution and Production Theorieschapter
40
Government Intervention and the Austrian Theory of the Cyclechapter
41
The Labor Market as Affected by Cycleschapter
42
Common Cause and Automatic Stabilizerschapter
43
Taxation: Fiscal and Economic Objectiveschapter
44
Labor Unions: History and Economic Doctrineschapter
45
The Economic Consequences of Unionism and Political Actionchapter
46
Laws Against Plant Closingschapter
47
The Natural Rate of Unemployment and Structural Factorschapter
48
Workers and Robots: The Second Industrial Revolutionchapter
49
The Impact of Technological Improvements on Labor and Capitaltheoretical
50
Learning New Skills and the Costs of Retrainingtheoretical
51
Moving to Another Location: The Costs of Labor Migrationtheoretical
52
Economic Superiority vs. Technical Efficiencytheoretical
53
Foreign Competition and the Fallacies of Protectionismchapter
54
The Wage-Rate Argument and Capital-Labor Compositiontheoretical
55
United States-Japanese Trade Relationsessay
56
Women, Work and Wages: Production and Distributionchapter
57
The Comparable Worth Doctrine and Educationtheoretical
58
Women and the Law: Barriers to Employmenttheoretical
59
The Equal Rights Amendment and Traditiontheoretical
60
Illegal Aliens and the Immigration Act of 1965chapter
61
The Immigration Reform and Control Act of 1986theoretical
62
The Economic Contribution of Illegal Alienstheoretical
63
Stagnation in Puerto Rico: The Failure of Labor Legislationchapter
64
Puerto Rican Payroll Taxes and Labor Costsessay
65
Island Independence and Economic Prospectsessay
66
Work in the Underground: Origins and Definitionschapter
67
Categories of Underground Economic Activitytheoretical
68
Hiding from Tax Collectorschapter
69
Circumventing Regulations and Licenseschapter
70
Reaping Entitlement Benefitschapter
71
Underground Employment and Statistical Flawschapter
72
Employer of Last Resort: War on Povertychapter
73
Government, Business, and Job Programschapter
74
Unemployment in College Textbooks: The Keynesian Orthodoxychapter
76
Free-Market Perspectives and the Austrian Critiquechapter
77
Notes: Chapters 1-10footnotes
78
Notes: Chapters 11-19footnotes
79
Notes for Chapter 20: Unemployment in College Textbooksfootnotes
80
Indexbibliography
81
Index (Continued) and Promotional Materialsbibliography