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Home / Mike Norman Economics / Scotland can have a job guarantee or the Fiscal Commission plan, but not both Richard Murphy

Scotland can have a job guarantee or the Fiscal Commission plan, but not both Richard Murphy

Summary:
First, of course I welcome this. Second, a job guarantee is a logical part of a Green New Deal, which offers work in every constituency by ensuring jobs are available everywhere to transform our green infrastructure, and most especially our housing. Third, it has to then be noted that this policy is linked to modern monetary theory, which is the only current school of economic thought that makes full employment for those who want work its core objective. And fourth, and inevitably, this policy is in opposition to the SNP’s commitment to Andrew Wilson’s Growth Commission plan for Scotland.... Tax Research UKScotland can have a job guarantee or the Fiscal Commission plan, but not bothRichard Murphy | Professor of Practice in International Political Economy at City University, London;

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First, of course I welcome this.
Second, a job guarantee is a logical part of a Green New Deal, which offers work in every constituency by ensuring jobs are available everywhere to transform our green infrastructure, and most especially our housing.
Third, it has to then be noted that this policy is linked to modern monetary theory, which is the only current school of economic thought that makes full employment for those who want work its core objective.
And fourth, and inevitably, this policy is in opposition to the SNP’s commitment to Andrew Wilson’s Growth Commission plan for Scotland....
Tax Research UK
Scotland can have a job guarantee or the Fiscal Commission plan, but not both
Richard Murphy | Professor of Practice in International Political Economy at City University, London; Director of Tax Research UK; non-executive director of Cambridge Econometrics, and a member of the Progressive Economy Forum
Mike Norman
Mike Norman is an economist and veteran trader whose career has spanned over 30 years on Wall Street. He is a former member and trader on the CME, NYMEX, COMEX and NYFE and he managed money for one of the largest hedge funds and ran a prop trading desk for Credit Suisse.

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