Summary:
The first section of the previous post outlined basic steady state relationships in a simplified economy with a job guarantee. There are various ways of expressing the same relationships that shed light on what is going on in the model. Here, a few ways of thinking about the levels of total income and job guarantee spending are noted.... heteconomistSome Aspects of a Steady State with a Job GuaranteePeter Cooper
Topics:
Mike Norman considers the following as important: JG, Job Guarantee, MMT
This could be interesting, too:
The first section of the previous post outlined basic steady state relationships in a simplified economy with a job guarantee. There are various ways of expressing the same relationships that shed light on what is going on in the model. Here, a few ways of thinking about the levels of total income and job guarantee spending are noted.... heteconomistSome Aspects of a Steady State with a Job GuaranteePeter Cooper
Topics:
Mike Norman considers the following as important: JG, Job Guarantee, MMT
This could be interesting, too:
Mike Norman writes Jared Bernstein, total idiot. You have to see this to believe it.
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Michael Hudson writes International Trade and MMT with Keen, Hudson
The first section of the previous post outlined basic steady state relationships in a simplified economy with a job guarantee. There are various ways of expressing the same relationships that shed light on what is going on in the model. Here, a few ways of thinking about the levels of total income and job guarantee spending are noted....heteconomist
Some Aspects of a Steady State with a Job Guarantee
Peter Cooper