1. Scientific Managment
... face of costly cycles has a long history in economics. As early as 1886, Herbert Davenport urged the deferment of public works until times of recession and two years later Commons called for tariff and currency reform and for a program of public works designed to stabilize employment. However, such contributions were rare and market stabilization did not become a topic of serious economic analysis ... ...
- Word Count: 853
- Approx Pages: 3
- Grade Level: Graduate