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To the Members of the Senate Committee on Banking and Currency:

In view of the widespread interest in the full employment bill (S. 380) now pending before the Senate Committee on Banking and Currency, I have had the Library of Congress prepare, for use by members of the committee, the attached bibliography describing the major books and articles published during the last 2 years on the all-important question of how we in America can maintain full cmployment after the war.

The Library of Congress is to be congratulated for having developed a full employment bibliography which not only lists and classifies the material on this subject but also provides a brief and accurate digest of the contents of each book and article. I feel confident that this bibliography will prove of great value not only to members of the committee and other Members of Congress but also to the general public.

ROBERT F. WAGNER, Chairman, Committee on Banking and Currency.

2445

LETTER OF TRANSMITTAL

THE LIBRARY OF CONGRESS,
REFERENCE DEPARTMENT,
LEGISLATIVE REFERENCE SERVICE,

Hon. ROBERT F. WAGNER,

Washington, June 1, 1945.

United States Senate, Washington, D. C.

MY DEAR SENATOR: Transmitted to you herewith is a preliminary bibliography on full employment, classified and annotated, prepared at your request. Time has not permitted the doing of as complete a report as we should like to have made. Hence the term "preliminary." The bibliography is confined for the most part to the United States, but a few of the more basic reports on Great Britain are included. It is largely limited to items appearing in 1943, 1944, and early 1945.

Items have been classified under 4 broad headings and 26 subheads. A particular article or book may appear in one or more subheads as the various subjects discussed fit into the outline. The brief annotations under each entry attempt to suggest the content of the article, or the conclusions reached by the author, or both. It is obviously impossible to do full justice to the author in such a fashion, but it is hoped that what is thus indicated will be sufficient to enable the reader to come to a decision as to whether to explore the item more fully. It will be noted that the analysis reflected in the form and content marks a departure from bibliographies of the usual type.

The bibliography is the work of Raymond E. Manning and Julius W. Allen, of the Economics Section of the Legislative Reference Service.

Sincerely yours,

ERNEST S. GRIFFITH, Director, Legislative Reference Service.

2446

BIBLIOGRAPHY ON FULL EMPLOYMENT

CLASSIFIED AND ANNOTATED

Legislative Reference Service-Library of Congress

A. General

Under this broad heading are collected references of a very general nature on post-war full employment, on national income, and the role of the consumer in spending to promote full employment. Items also consider whether or not ours is a mature economy.

The subheads used are the following:

1. General Works.

2. Full Employment Definitions and Goals.
3. National Income and National Product.

4. Is Ours a Mature Economy?

5. The Consumer: His Role, Needs, and Resources.

1. General Works

The principal works of an over-all nature are collected here. A few briefer articles which give a quick general picture are also included.

Approaches to the problem of attaining full employment in the post-war period. In U. S. Congress. Senate. Special committee on post-war economic policy and planning. Post-war economic policy and planning. Report of Hon. Joseph C. O'Mahoney ... pursuant to S. Res. 102, October 14, 1943. Washington, Govt. print. off., 1943. 144 p. (78th Cong., 1st sess., Senate Doc. 106.)

HC106.4.A2888 1943j

Contents: Literature indicating approaches to full employment is abstracted under the following headings: Private investment, public investment, social security, national security, international economic, time element, and miscellaneous. See pp. 89-97.

Baruch, Bernard M., and John M. Hancock. Report on war and post-war adjustment policies. February 15, 1944. Washington, Govt. print. off., 1944. 108 p. HC106.4 A2867 1944c

Contents: Report and recommendations on contract termination, surplus property and "tightening the mobilization machinery.' Emphasis is largely on "bringing jobs to all workers," with particular reference to the returning servicemen.

Beveridge, William H. Full employment in a free society. New York, W. W. Norton, 1945. 429 p. HD5767.B42 1945

Contents: Analysis and plan to prevent unemployment in Great Britain. Includes discussion of facts and theories of unemployment in peacetime, full employment in war, a full employment policy for peace, internal and international implications of full employment, with appendices on the international trade cycle and quantitative aspects of the full employment problem in Britain. Conclusion: Action against unemployment must be taken on

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