Recently, high unemployment and a high perceived rate of technological change have created interest in work-sharing. Definitions of different types of work-sharing and theoretical and practical issues related to work-sharing are covered. Work-sharing is not necessarily a panacea, but it does show the potential to help. (Author/IS)

Contends that unemployment is an example of market failure. Argues that explaining unemployment from this supply-demand approach is preferable to the traditional explanation that high "real wages" are the cause. Reveals that many prominent economists entered the field because of their concern for the social problems caused by…