A Caltech Library Service

Economic Meaning of a Labor Shortage

Sweezy, Alan R. (1970) Economic Meaning of a Labor Shortage. Science, 169 (3940). p. 97. ISSN 0036-8075.

Full text is not posted in this repository. Consult Related URLs below.

Use this Persistent URL to link to this item:


Keynes pointed out that in a laissez-faire economy geared to a high level of investment spending, population growth, via its effect on investment, might be an important factor in maintaining prosperity. He also showed, however, that fiscal and monetary policy could be used to counteract fluctuations in private investment and thus maintain a generally high level of income and employment whatever might be happening to population growth.

Item Type:Article
Related URLs:
URLURL TypeDescription
Additional Information:© 1970 American Association for the Advancement of Science. Received 23 March 1970.
Issue or Number:3940
Record Number:CaltechAUTHORS:20150729-133114337
Persistent URL:
Official Citation:Economic Meaning of a Labor Shortage Alan R. Sweezy Science 3 July 1970: 169 (3940), 97. [DOI:10.1126/science.169.3940.97]
Usage Policy:No commercial reproduction, distribution, display or performance rights in this work are provided.
ID Code:59066
Deposited By: Tony Diaz
Deposited On:29 Jul 2015 20:39
Last Modified:03 Oct 2019 08:43

Repository Staff Only: item control page