Skip to main content Accessibility help
×
Hostname: page-component-77c89778f8-vpsfw Total loading time: 0 Render date: 2024-07-24T14:52:10.218Z Has data issue: false hasContentIssue false

5 - A provisional description of a nation's population developing over time while in a state of full employment

Published online by Cambridge University Press:  07 October 2011

Get access

Summary

The unemployment rate as a measure of a physical property of a spatially dispersed population

We are set upon the task of devising a way of visualizing a smallscale physical model of a nation's population of people, showing its spatial arrangement at each of a succession of moments in time, and thus something about how a thing of this kind develops and evolves over the course of time. In this model, as we have imagined it to be, each member of the population would be represented by a small, thin disk that is initially undifferentiated. We are now to consider what this developing configuration may be supposed to look like when the disks representing the members of the population are differentiated so as to show their respective momentary employment statuses. We shall think of this differentiation as being done by color: a transparent disk representing a person who is not at the moment a member of the labor force; a green disk if the represented person is an employed member at that time; and a red disk if the person is an unemployed member.

If one can bring himself to suppose that these three categories–nonmember, employed member, and unemployed member–can be well enough defined so that census enumerators would be adequately instructed upon how to classify the real people constituting the nation's population at any moment, he may at least imagine having at hand the requisite data for constructing a model sequence showing what this component of the economy πt will have looked like in fact, developing as it actually did develop during some selected period of time.

Type
Chapter
Information
On Appraising the Performance of an Economic System
What an Economic System is, and the Norms Implied in Observers' Adverse Reactions to the Outcome of its Working
, pp. 136 - 169
Publisher: Cambridge University Press
Print publication year: 1984

Access options

Get access to the full version of this content by using one of the access options below. (Log in options will check for institutional or personal access. Content may require purchase if you do not have access.)

Save book to Kindle

To save this book to your Kindle, first ensure coreplatform@cambridge.org is added to your Approved Personal Document E-mail List under your Personal Document Settings on the Manage Your Content and Devices page of your Amazon account. Then enter the ‘name’ part of your Kindle email address below. Find out more about saving to your Kindle.

Note you can select to save to either the @free.kindle.com or @kindle.com variations. ‘@free.kindle.com’ emails are free but can only be saved to your device when it is connected to wi-fi. ‘@kindle.com’ emails can be delivered even when you are not connected to wi-fi, but note that service fees apply.

Find out more about the Kindle Personal Document Service.

Available formats
×

Save book to Dropbox

To save content items to your account, please confirm that you agree to abide by our usage policies. If this is the first time you use this feature, you will be asked to authorise Cambridge Core to connect with your account. Find out more about saving content to Dropbox.

Available formats
×

Save book to Google Drive

To save content items to your account, please confirm that you agree to abide by our usage policies. If this is the first time you use this feature, you will be asked to authorise Cambridge Core to connect with your account. Find out more about saving content to Google Drive.

Available formats
×