Science: Jobs & Energy

While Dr. Albert Einstein declared from the S. S. Belgenland last week that a better balance between producer and consumer was the world's most pressing problem in 1930 (see below), the man whom he was coming to visit, Dr. Robert Andrews Millikan, chairman of California Institute of Technology, said the same thing in a speech to the 24th annual meeting of the Association of Life Insurance Presidents, meeting in Manhattan. Cause of Unemployment, he recited, is overproduction, inevitable result of the War. Although Science, the builder of machinery, has often been held...

Want the full story?

Subscribe Now

Subscribe
Subscribe

Get TIME the way you want it

  • One Week Digital Pass — $4.99
  • Monthly Pay-As-You-Go DIGITAL ACCESS$2.99
  • One Year ALL ACCESSJust $30!   Best Deal!
    Print Magazine + Digital Edition + Subscriber-only Content on TIME.com

Learn more about the benefits of being a TIME subscriber

If you are already a subscriber sign up — registration is free!