The problem of unemployment, 188. — Revival of household industries, 193. — Expansion of steel and engineering capacity, 196. — The need for public overhead facilities, 198. — Employment creation through capital construction, 200.

I. Description of the over-all pattern, 385. — II. The analysis of individual commodity stocks, 388. — III. Its explanatory significance, 390. — IV. Active and passive inventory investment, 394. — V. Is passive inventory investment a moderating influence? 402. — VI. The shortening of the output lag in the downswing, 404. — VII. Changes in inventory investment in booms and in slumps, 406.