Little Victories: Conquering Unemployment [Paperback] [2010]

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Economists’ attempts to emulate physics have at least sometimes failed. The current unemployment rate is six percent. As drawn, this requires a negative interest rate at equilibrium (where the new I line would intersect the old S line). A particular variant of this idea is found in the emergence in the 1970s of the deindustrialization literature, which focused on manufacturing decline (and to some extent the decline of mining) and the simultaneous rise of services. When they feel safe and satisfied, they carve out a distinct space and time, within which they feel a deep pleasure from just trying out many random ways to interact, all chosen from a relatively safe space of variations.

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Publisher: CreateSpace Independent Publishing Platform (2010)


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