Summary:
Misleading article on the MMT JG as workfare and make-work as substitutes for private sector jobs. From his presentation it appears that he read at least some of the MMT literature but he totally misses the MMT argument for a universal job guarantee, or he just ignores it.Alabama TodayDan Sutter: Government jobs for all?Daniel Sutter | Charles G. Koch Professor of Economics with the Manuel H. Johnson Center for Political Economy at Troy University and host of Econversations on TrojanVisionFor better arguments against the MMT JG, see also Federal Debt is MoneyMMT’s divorce from reality: Jobs Guarantee and inflation fearRodger Malcolm Mitchell
Topics:
Mike Norman considers the following as important:
This could be interesting, too:
Misleading article on the MMT JG as workfare and make-work as substitutes for private sector jobs. From his presentation it appears that he read at least some of the MMT literature but he totally misses the MMT argument for a universal job guarantee, or he just ignores it.Misleading article on the MMT JG as workfare and make-work as substitutes for private sector jobs. From his presentation it appears that he read at least some of the MMT literature but he totally misses the MMT argument for a universal job guarantee, or he just ignores it.Alabama TodayDan Sutter: Government jobs for all?Daniel Sutter | Charles G. Koch Professor of Economics with the Manuel H. Johnson Center for Political Economy at Troy University and host of Econversations on TrojanVisionFor better arguments against the MMT JG, see also Federal Debt is MoneyMMT’s divorce from reality: Jobs Guarantee and inflation fearRodger Malcolm Mitchell
Topics:
Mike Norman considers the following as important:
This could be interesting, too:
Lars Pålsson Syll writes Busting the ‘natural rate of unemployment’ myth
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Michael Hudson writes Petrodollar Deal or No Deal
Lars Pålsson Syll writes Riksbankens oansvariga penningpolitik
Alabama Today
Dan Sutter: Government jobs for all?
Daniel Sutter | Charles G. Koch Professor of Economics with the Manuel H. Johnson Center for Political Economy at Troy University and host of Econversations on TrojanVision
For better arguments against the MMT JG, see also
MMT’s divorce from reality: Jobs Guarantee and inflation fear
Rodger Malcolm Mitchell