by Summary:
US economist Stephanie Kelton, who served as Bernie Sanders' economic adviser during the 2016 presidential campaign, is currently touring Australia to promote the concept she says isn't too good to be true. "There is nothing to prevent the Australian government, if it chose to do so, from funding a large-scale government job program that would offer employment to anybody who wanted work and couldn't find it anywhere else in the Australian economy," she said. "Let the private sector create as many good jobs as it is willing to create, but the problem is there is always a segment of the population that doesn't get invited to the table. "And so this program is there as a backstop to just soak up the people who are left behind." ABC (Australia)Should every Australian be offered a
Topics:
Mike Norman considers the following as important: ELR, employer of last resort, JG, Job Guarantee, MMT, Stephanie Kelton
This could be interesting, too:
US economist Stephanie Kelton, who served as Bernie Sanders' economic adviser during the 2016 presidential campaign, is currently touring Australia to promote the concept she says isn't too good to be true. "There is nothing to prevent the Australian government, if it chose to do so, from funding a large-scale government job program that would offer employment to anybody who wanted work and couldn't find it anywhere else in the Australian economy," she said. "Let the private sector create as many good jobs as it is willing to create, but the problem is there is always a segment of the population that doesn't get invited to the table. "And so this program is there as a backstop to just soak up the people who are left behind." ABC (Australia)Should every Australian be offered a
Topics:
Mike Norman considers the following as important: ELR, employer of last resort, JG, Job Guarantee, MMT, Stephanie Kelton
This could be interesting, too:
Mike Norman writes Jared Bernstein, total idiot. You have to see this to believe it.
Steve Roth writes MMT and the Wealth of Nations, Revisited
Matias Vernengo writes On central bank independence, and Brazilian monetary policy
Michael Hudson writes International Trade and MMT with Keen, Hudson
US economist Stephanie Kelton, who served as Bernie Sanders' economic adviser during the 2016 presidential campaign, is currently touring Australia to promote the concept she says isn't too good to be true.
"There is nothing to prevent the Australian government, if it chose to do so, from funding a large-scale government job program that would offer employment to anybody who wanted work and couldn't find it anywhere else in the Australian economy," she said.
"Let the private sector create as many good jobs as it is willing to create, but the problem is there is always a segment of the population that doesn't get invited to the table.
"And so this program is there as a backstop to just soak up the people who are left behind."ABC (Australia)
Should every Australian be offered a government-funded job?
Patrick Wood