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Theoretical Approaches to the Effects of Technical Change on Unemployment

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The Employment Consequences of Technological Change

Abstract

As yet there is no comprehensive and coherent analysis of the multifarious effects of technical change on unemployment. This furnishes me with an excuse to put together various bits of familiar economic theory which shed light on the issue. This paper is divided into two parts, of which the first is concerned with conceptions of production and the second, very briefly, with some institutional aspects of employment.

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Notes

  1. This view could be said to be embodied in the application of duality theory to production. See, for instance, A. K. Dixit, The Theory of Equilibrium Growth (London: Oxford University Press, 1976) Ch. 2.

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  2. F. H. Hahn (ed.), Readings in the Theory of Growth (London: Macmillan, 1971) Introduction.

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  3. M. Morishima, Marx’s Economics (Cambridge University Press, 1973) Ch. 1.

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  4. D. Ricardo, On Machinery: The Works and Correspondence of David Ricardo (Cambridge University Press, 1953) vol. 1.

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  5. N. Rosenberg, Perspectives on Technology (Cambridge University Press, 1976) Ch. 1.

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  6. See, for instance, H. Braverman, Labour and Monopoly Capital (London: Monthly Review Press, 1974).

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© 1983 Derek L. Bosworth

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Hussain, A. (1983). Theoretical Approaches to the Effects of Technical Change on Unemployment. In: Bosworth, D.L. (eds) The Employment Consequences of Technological Change. Palgrave Macmillan, London. https://doi.org/10.1007/978-1-349-06089-4_2

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