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NEW YORK UNIVERSITY PRESS

New York and London

Copyright © 1993, 1997 by The Independent Institute

All rights reserved. No part of this book may be reproduced or transmitted in any form or by any electronic or mechanical means now known or to be invented, including photocopying, recording, and information storage and retrieval systems, without permission in writing from the publisher, except by a reviewer who may quote brief passages in a review.

Library of Congress Cataloging-in-Publication Data

Vedder, Richard K.

Out of work: unemployment and government in twentieth-century America / Richard K. Vedder and Lowell E. Gallaway; with a foreword

by Martin Bronfenbrenner. — Updated ed.

p. cm.

“An Independent Institute book.”

Includes bibliographical references and index.

ISBN 0-8147-8792-4 (alk. paper)

1. Unemployment—United States—History—20th century.

2. Employment (Economic theory) 3. United States—Economic conditions. I. Gallaway, Lowell E. (Lowell Eugene), 1930–

II. Title.

HD7096.U5V43 1997

331.13′7973′0904—dc21 97-12516

CIP

New York University Press books are printed on acid-free paper,

and their binding materials are chosen for strength and durability.

Manufactured in the United States of America

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Out of Work

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