Quote from: Government Topic

Why was there so much work-sharing in the 1930s? One reason is that government pushed for it. In his memoirs, President Herbert Hoover estimated that as many as two million workers avoided unemployment as a result of his efforts to promote work-sharing.


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Author Bio


  • NameBarry Eichengreen
  • DescriptionEconomist
  • BornJanuary 7, 1952
  • CountryUnited States Of America
  • ProfessionEconomist
  • AwardsGuggenheim Fellowship