Abstract: as a black box, will lead to incomplete and often incorrect conclusions. This is the central message of this insightful and well-written collection of a dozen recent papers by economic historian Nathan Rosenberg. Economists, like others of us who spend much of our time dealing with things quantitative, need to be reminded occasionally that much important knowledge cannot be quantified. Rosenbergâs book provides an effective lesson. M . Granger Morgan is Head and Professor, Department of Engineering and Public Policy, Carnegie -Mellon University. SOCIAL POLICY John E . Tropman Shutdown at Youngstown:Public Policy for Mass Unemployment, by Terry F.Buss and F. Stevens Redburn. Albany, NY: State University of New York Press, 1983,219 pp. Price: $39.95 cloth, $10.95 paper. While the shutdown of a large plant in a modest-size city may not constitute mass unemployment, the loss of 4000 jobs directly and another 7000 indirectly is surely an event of disaster-like proportions. In this careful study of the social and personal impact of a major plant closing, the authors, to their surprise, find less impact than they anticipated. A satisfactory accounting for this finding is one of the few flaws in the book. The authors focus on what happened
Publication Year: 1982
Publication Date: 1982-01-01
Language: en
Type: book
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Cited By Count: 720
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