ABSTRACT
This chapter, like the preceding one, is concerned with a theoretical problem, in this case the problem of getting from an equilibrium at less than full employment to an equilibrium at full employment. This prob lem differs from that of maintaining full employment in three major respects:
1. Action to increase employment is not a simple offset to some otherwise depressing development in the economy, but aims to set up a new set of relationships that will support a higher level of employment, and therefore the action can be expected to involve more complex repercussions.