“For those unfortunate enough to experience it, long-term unemployment - now, as in the 1930s - is a tragedy. And, for society as a whole, there is the danger that the productive capacity of a significant portion of the labour force will be impaired.”
Quote by Barry Eichengreen
Author
Barry Eichengreen
Barry Eichengreen is a renowned economist known for his extensive research on international finance and economic history. His work focuses on monetary policy and international economic relations, particularly in the areas of financial and monetary crises. Eichengreen's publications are extensive, including books such as 'The Consequences of the Great Depression' and 'The End of the Gold Standard'. more