Involuntary idleness represents a massive waste of economic resources

Reed, H. (2013). Involuntary idleness represents a massive waste of economic resources.
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As part of the ongoing Social State project, Howard Reed reflects on the macroeconomic significance of involuntary idleness. He argues that it is a waste of economic resources but one rooted in complex underlying causes. Drawing on a recent paper, he outlines ideas for how reform could be enacted and these difficulties overcome.

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