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Full Employment In A Free Society
''Full Employment in a Free Society'' (1944) is a book by William Beveridge, author of the Beveridge Report. It was first published in the UK by Allen & Unwin. Overview The book begins with the thesis that because individual employers are not capable of creating full employment, it must be the responsibility of the state. Full employment is defined as a state where there are slightly more vacant jobs than there are available workers, so people who lose jobs can find new ones immediately. Unemployment should be aimed to be reduced to 3%. 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. The book was written in the context of an economy which would have to transfer from wartime direction to peace time. Government direction of labour (under t ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
William Beveridge
William Henry Beveridge, 1st Baron Beveridge, (5 March 1879 – 16 March 1963) was a British economist and Liberal politician who was a progressive and social reformer who played a central role in designing the British welfare state. His 1942 report ''Social Insurance and Allied Services'' (known as the Beveridge Report) served as the basis for the welfare state put in place by the Labour government elected in 1945. He built his career as an expert on unemployment insurance. He served on the Board of Trade as Director of the newly created labour exchanges, and later as Permanent Secretary of the Ministry of Food. He was Director of the London School of Economics and Political Science from 1919 until 1937, when he was elected Master of University College, Oxford. Beveridge published widely on unemployment and social security, his most notable works being: ''Unemployment: A Problem of Industry'' (1909), ''Planning Under Socialism'' (1936), ''Full Employment in a Free Societ ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Beveridge Report
The Beveridge Report, officially entitled ''Social Insurance and Allied Services'' ( Cmd. 6404), is a government report, published in November 1942, influential in the founding of the welfare state in the United Kingdom. It was drafted by the Liberal economist William Beveridge – with research and publicity by his wife, mathematician Janet Beveridge – who proposed widespread reforms to the system of social welfare to address what he identified as "five giants on the road of reconstruction": "Want… Disease, Ignorance, Squalor and Idleness". Published in the midst of World War II, the report promised rewards for everyone's sacrifices. Overwhelmingly popular with the public, it formed the basis for the post-war reforms known as the welfare state, which include the expansion of National Insurance and the creation of the National Health Service. Background In 1940, during the Second World War, the Labour Party entered into a coalition with the Conservative Party. On 10 June 194 ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Allen & Unwin
George Allen & Unwin was a British publishing company formed in 1911 when Sir Stanley Unwin purchased a controlling interest in George Allen & Co. It went on to become one of the leading publishers of the twentieth century and to establish an Australian subsidiary in 1976. In 1990, Allen & Unwin was sold to HarperCollins and the Australian branch was the subject of a management buy-out. George Allen & Unwin in the UK George Allen & Sons was established in 1871 by George Allen, with the backing of John Ruskin, becoming George Allen & Co. Ltd. in 1911 and then George Allen & Unwin in 1914 as a result of Stanley Unwin's purchase of a controlling interest. Unwin's son Rayner S. Unwin and nephew Philip helped run the company, which published the works of Bertrand Russell, Arthur Waley, Roald Dahl, Lancelot Hogben, and Thor Heyerdahl. It became well known as J. R. R. Tolkien's publisher, some time after publishing the popular children's fantasy novel ''The Hobbit'' in 1937, and its ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
State (polity)
A state is a centralized political organization that imposes and enforces rules over a population within a territory. There is no undisputed definition of a state. One widely used definition comes from the German sociologist Max Weber: a "state" is a polity that maintains a monopoly on the legitimate use of violence, although other definitions are not uncommon.Cudworth et al., 2007: p. 95Salmon, 2008p. 54 Absence of a state does not preclude the existence of a society, such as stateless societies like the Haudenosaunee Confederacy that "do not have either purely or even primarily political institutions or roles". The level of governance of a state, government being considered to form the fundamental apparatus of contemporary states, is used to determine whether it has failed. In a federal union, the term "state" is sometimes used to refer to the federated polities that make up the federation. (Other terms that are used in such federal systems may include “province”, ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Full Employment
Full employment is a situation in which there is no cyclical or unemployment#Cyclical unemployment, deficient-demand unemployment. Full employment does not entail the disappearance of all unemployment, as other kinds of unemployment, namely Structural unemployment, structural and Frictional unemployment, frictional, may remain. For instance, workers who are "between jobs" for short periods of time as they search for better employment are not counted against full employment, as such unemployment is frictional rather than cyclical. An economy with full employment might also have unemployment or underemployment where part-time workers cannot find jobs appropriate to their skill level, as such unemployment is considered structural rather than cyclical. Full employment marks the point past which expansionary fiscal and/or monetary policy cannot reduce unemployment any further without causing inflation. Some economists define full employment somewhat differently, as the unemployment rate ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Frictional Unemployment
Frictional unemployment is a form of unemployment reflecting the gap between someone voluntarily leaving a job and finding another. As such, it is sometimes called search unemployment, though it also includes gaps in employment when transferring from one job to another. Frictional unemployment is one of the three broad categories of unemployment, the others being structural unemployment and cyclical unemployment. Causes of frictional unemployment include better job opportunities, services, salary and wages, dissatisfaction with the previous job, and strikes by trade unions and other forms of non-unionized work actions. Analysis Frictional unemployment exists because both jobs and workers are heterogeneous, and a mismatch can result between the characteristics of supply and demand. Such a mismatch can be related to skills, payment, worktime, location, attitude, taste, and a multitude of other factors. New entrants (such as graduating students) and re-entrants (such as former ho ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Public Employment Agencies
A public employment service is a government's organization which matches employers to employees. History One of the oldest references to a public employment agency was in 1650, when Henry Robinson (writer), Henry Robinson proposed an "Office of Addresses and Encounters" that would link employers to workers. The British Parliament rejected the proposal, but he himself opened such a business, although it was short-lived. Since the beginning of the twentieth century, every developed country has created a public employment agency as a way to combat unemployment and help people find work. In 1988, public employment services from six countries founded the World Association of Public Employment Services. As of 2016, 85 PES from all over the world have joined the association.World Association of Public Employment ServiceAbout Us retrieved on 18 February 2017. Public employment service by country United Kingdom In the United Kingdom the first agency began in London, through the Labour B ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Keynesian Economics
Keynesian economics ( ; sometimes Keynesianism, named after British economist John Maynard Keynes) are the various macroeconomic theories and models of how aggregate demand (total spending in the economy) strongly influences economic output and inflation. In the Keynesian view, aggregate demand does not necessarily equal the productive capacity of the economy. Instead, it is influenced by a host of factors – sometimes behaving erratically – affecting production, employment, and inflation. Keynesian economists generally argue that aggregate demand is volatile and unstable and that, consequently, a market economy often experiences inefficient macroeconomic outcomes – a recession, when demand is low, or inflation, when demand is high. Further, they argue that these economic fluctuations can be mitigated by economic policy responses coordinated between government and central bank. In particular, fiscal policy actions (taken by the government) and monetary policy actions (t ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Fabian Society
The Fabian Society is a British socialist organisation whose purpose is to advance the principles of social democracy and democratic socialism via gradualist and reformist effort in democracies, rather than by revolutionary overthrow. The Fabian Society was also historically related to radicalism, a left-wing liberal tradition. As one of the founding organisations of the Labour Representation Committee in 1900, and as an important influence upon the Labour Party which grew from it, the Fabian Society has had a powerful influence on British politics. Members of the Fabian Society have included political leaders from other countries, such as Jawaharlal Nehru, who adopted Fabian principles as part of their own political ideologies. The Fabian Society founded the London School of Economics in 1895. Today, the society functions primarily as a think tank and is one of twenty socialist societies affiliated with the Labour Party. Similar societies exist in Australia (the Australi ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Friedrich Hayek
Friedrich August von Hayek ( , ; 8 May 189923 March 1992), often referred to by his initials F. A. Hayek, was an Austrian–British economist, legal theorist and philosopher who is best known for his defense of classical liberalism. Hayek shared the 1974 Nobel Memorial Prize in Economic Sciences with Gunnar Myrdal for their work on money and economic fluctuations, and the interdependence of economic, social and institutional phenomena. His account of how changing prices communicate information that helps individuals coordinate their plans is widely regarded as an important achievement in economics, leading to his prize. Hayek served in World War I during his teenage years and said that this experience in the war and his desire to help avoid the mistakes that had led to the war drew him into economics. At the University of Vienna, he studied economics, eventually receiving his doctoral degrees in law in 1921 and in political science in 1923. He subsequently lived and work ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
The University Of Chicago Press
The University of Chicago Press is the largest and one of the oldest university presses in the United States. It is operated by the University of Chicago and publishes a wide variety of academic titles, including ''The Chicago Manual of Style'', numerous academic journals, and advanced monographs in the academic fields. One of its quasi-independent projects is the BiblioVault, a digital repository for scholarly books. The Press building is located just south of the Midway Plaisance on the University of Chicago campus. History The University of Chicago Press was founded in 1890, making it one of the oldest continuously operating university presses in the United States. Its first published book was Robert F. Harper's ''Assyrian and Babylonian Letters Belonging to the Kouyunjik Collections of the British Museum''. The book sold five copies during its first two years, but by 1900 the University of Chicago Press had published 127 books and pamphlets and 11 scholarly journals, includ ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
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