"The most comprehensive book ever to appear on unemployment in the United States. --George Gilder, author of Wealth and Poverty A triple hit: an engaging narrative of a century of U.S. economic history ... an attack on the mythology that high wage rates and government spending reduce unemployment and a critique on wrong-headed public policies since 1930 that have raised unemployment levels." --Anna J. Schwartz, National Bureau of Economic Research "Vedder and Gallaway show convincingly that we need once again to rethink our entire notion of unemployment." --Jonathan R. T. Hughes, Northwestern University "A book of great interest." --Kenneth Boulding