Sunday , November 24 2024
Home / Mike Norman Economics / Daniel Sutter — Government jobs for all?

Daniel Sutter — Government jobs for all?

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:

Matias Vernengo writes Elon Musk (& Vivek Ramaswamy) on hardship, because he knows so much about it

Lars Pålsson Syll writes Klas Eklunds ‘Vår ekonomi’ — lärobok med stora brister

New Economics Foundation writes We need more than a tax on the super rich to deliver climate and economic justice

Robert Vienneau writes Profits Not Explained By Merit, Increased Risk, Increased Ability To Compete, Etc.

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 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 

Federal Debt is Money
MMT’s divorce from reality: Jobs Guarantee and inflation fear
Rodger Malcolm Mitchell
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.

Leave a Reply

Your email address will not be published. Required fields are marked *