Technology shifts gears. The workers who control it need to learn how to shift gears, too. Workers brought up with universal schooling would respect authority, learn enough "geometry and mechanics" to use in their trades, keep invention alive, and finally see through "the interested complaints of faction and sedition." In other…

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…