Even those who agreed that jobs would return “in the long run” were also concerned that “displaced wage-earners must feed and care for their families ‘in the short term’.” This analysis reconciled the surrounding reality – millions of people without jobs – with the promise of progress and the benefits of innovation. Compton, a physicist, was the first chairman of the Scientific Advisory Board formed by Franklin D. Roosevelt, and he began his 1938 essay with a quote from the board’s 1935 report to the President: “Our national health, prosperity, and happiness To a great extent depends on the […]
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