In the 1930s one was aware of two great evils - mass…

My job was to teach the whole corpus of economic theory, but there were two subjects in which I was especially interested, namely, the…

— James Meade

Permanent mass unemployment destroys the moral foundations of the social order. The young people, who, having finished their training for work, are forced to…

— Ludwig von Mises

It's a European Union of economic failure, of mass unemployment and of low growth.

— Nigel Farage

Our whole economy and society is already being changed by the fact that we have increasing unemployment, mass unemployment and that's what we're facing…

— Gemma Chan

“Commentary would come to life in 1945 amid widespread predictions that mass unemployment would resume as soon as war production ebbed. But it wouldn’t…

— Benjamin Balint

I'm not yet convinced that we will face an unemployment problem created by AI. There will certainly be some occupations eliminated - drivers of…

— David Autor

“The USA was the explicit answer to an implicit threat of war, whereas the EU was the implicit answer to explicit experiences of war.”

— Sergio Fabbrini

I recently discussed with an intelligent and well-disposed man the threat of another war, which in my opinion would seriously endanger the existence of…

— Albert Einstein

Cannot swords be turned to plowshares? Can we and all nations not live in peace? In our obsession with antagonisms of the moment, we…

— Ronald Reagan

With Israel frequently coming under attack, there is a constant threat of war breaking out.

— Brian Mast

The 1930s had been a time of tremendous economic distress. And the unemployment rate was enormously high by any historic standard.

— William O'Neill

Until the 1930s, the Constitution served as a major constraint on federal economic interventionism. The government's powers were understood to be just as the…

— Robert Higgs

If you've got unemployment, low pay, that was just too bad. But that was the system. That was the sort of economy and philosophy…

— Barbara Castle

The alternatives [to the stimulus packages] were to do nothing or, worse, effectively replicate the Premiers' Plan of 1931 when governments cut expenditure, thereby…

— Kevin Rudd

Why was there so much work-sharing in the 1930s? One reason is that government pushed for it. In his memoirs, President Herbert Hoover estimated…

— Barry Eichengreen