Unemployment. By F. W. Pethick Lawrence. (Milford. 2s. 6d. net.)—This
little volume, in the useful series entitled " The World of To-Day," states the problem of unemployment, shows that it is extremely complex, and examines briefly some of the remedies suggested. The author strives to be dispassionate in his treatment of the subject. He thinks that Free Trade between all nations might lessen the fluctuations in demand and supply. He notes with apparent approval Professor Irving Fisher's scheme for " a compensated dollar," varying in value with the prices of selected necessaries, as a method of keeping the level of prices uniform. If we could do away with " booms " and " slumps," the task of dealing with unemployment would be greatly simplified. But there is no panacea, though some politicians profess to know of one.
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