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The Benefits of Full Employment: When Markets Work for People

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Remains as insightful and well-reasoned today as it was four years ago.

Expert economists Jared Bernstein and Dean Baker present The Benefits of Full Employment: When Markets Work for People, a thoughtful look at the prosperity that came with the 1990s employment boom. That era revealed that full employment and stable prices could successfully coexist; incomes rose while poverty, welfare rolls, and crime rates fell. Though the full employment of the 1990s ended when the business cycle subsided, The Benefits of Full Employment persuasively argues that the advantages of full employment make it a condition worth striving to attain permanently through national policy. First published in 2003, The Benefits of Full Employment remains as insightful and well-reasoned today as it was four years ago.
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