"Labour Policy-False and True: A Study in Economic History and Industrial Economics" by Lynden Livingston Macassey is a comprehensive analysis that delves into the intricate relationship between labor policy and economic development. Through a meticulous examination of economic history and industrial economics, Macassey offers a nuanced exploration of labor policies, spanning from their inception to their implications on various facets of society. Drawing upon economic theory and policy analysis, Macassey evaluates the effectiveness of labor policies in navigating the challenges of industrialization and shaping the labor market. With a keen focus on policy evaluation, the book provides insights into the role of trade unions, government intervention, and social welfare in safeguarding labor rights amidst changing economic landscapes. As a seminal work in the field, Macassey's study offers invaluable perspectives on the complexities of labor policy and its impact on economic development. By addressing issues of industrialization, social welfare, and government intervention, the book serves as a vital resource for policymakers, economists, and scholars seeking to understand the dynamics of labor policy in fostering sustainable economic growth and equitable societies.