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Subject:
Re: SHOE: QUERY--Evolution of the "natural rate of unemployment" hypothesis
From:
Pat Gunning <[log in to unmask]>
Reply To:
Societies for the History of Economics <[log in to unmask]>
Date:
Sun, 23 Aug 2009 12:56:29 -0400
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Here are two sources. I think, Danilo, that the idea is much older 
than one might think.

Rogerson, Richard. (1997) "Theory Ahead of Language in the Economics 
of Unemployment." The Journal of Economic Perspectives. 11 (1): 73-92.

Santoni. C. J. (1986) 'The Employment Act of 1946: Some History 
Notes." Federal Reserve Bank of St. Louis Economic Review. (December) pp. 5-16.

When I teach this to principles students, I begin with a graph from 
Henry Wallace's 1945 book "Sixty Million Jobs."

Best wishes

Pat Gunning

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