Out of Work Unemployment and Government in Twentieth-century America

Foreword / Martin Bronfenbrenner -- Preface to the updated edition / Richard K. Vedder and Lowell E. Gallaway -- Preface to the first edition / Richard K. Vedder and Lowell E. Gallaway -- 1. The unemployment century -- 2. Unemployment in theory -- 3. The neoclassical/Austrian approach: an overview -- 4. The Gilded Age -- 5. From New Era to New Deal -- 6. The banking crisis and the labor market -- 7. The New Deal -- 8. The impossible dream come true -- 9. The gentle time -- 10. The Camelot years -- 11. "Pride goeth before a fall" -- 12. The winds of change -- 13. The natural rate of unemployment -- 14. Who bears the burden of unemployment? -- 15. Unemployment and the state -- 16. Afterword -- Appendix A. The extended theoretical model -- Appendix B. The technical aspects of the statistical analysis.