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- W1998650930 abstract "The Canadian Unemployment and Social Insurance Act of 1935 has aroused a great deal of comment, mostly adverse. To a large extent this was a reaction from the rather exalted hopes fostered by the prime minister's speeches over the radio. The attitude reminds one somewhat of the early traveller, who, on first seeing the Pacific Ocean, was disappointed because it didn't look larger than any other ocean. To a still greater extent, it was due to widespread misconceptions about the nature of the measure proposed. Unemployment insurance is not, as is popularly supposed, a remedy for unemployment. The economic causes of unemployment lie deep in our industrial system-in the credit mechanism, the system of distribution, the speed of technological improvment, and so forth. Unemployment insurance gets at none of these things. Its only remedial influence is in the building up of reserve funds that carry over some purchasing power from prosperous times to a depression. But, in the main, the causes of unemployment operate whether a system of unemployment insurance exists or not." @default.
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- W1998650930 date "1935-07-01" @default.
- W1998650930 modified "2023-09-26" @default.
- W1998650930 title "Is Unemployment Insurance Enough?" @default.
- W1998650930 doi "https://doi.org/10.3138/utq.4.4.514" @default.
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