Unemployment Ahead

September 1944
New Republic;9/11/44, Vol. 111 Issue 11, p297
Focuses on unemployment problem the U.S. will face due to cuts in war production. Efforts of the Army to concentrate public attention upon shortages in heavy trucks, air-borne radar and heavy bombers for fear that production will slacken as a result of overconfidence; Production cuts in the fields of ground equipment, aircraft production and the merchant marine; Discussion of the multiplier doctrine of employment; Gospel of the Committee for Economic Development derives in obvious and obscure ways from the analysis of the Washington economist; Tax exemption give for the purpose of encouraging venture capital stems in part from the academic discussions of the past decade; Estimation of effects of the end of European war by an investment-counseling house.


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