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Tag Archives: Job Guarantee

Stephanie Kelton, Randy Wray and Fadhel Kaboub links

Stephanie Kelton is a leading American economist and a professor of public policy and Economics at Stony Brook University. Kelton was chief economist on the US Senate Budget Committee and economic adviser to the Bernie Sanders 2016 presidential campaign. She's most known for being a pioneer of Modern Monetary Theory (MMT). In this episode, Professor Kelton debunks budget deficit and government spending myths, and explains why understanding how our monetary system works is crucial to making...

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James K. Galbraith — We Work

Jamie Galbraith recounts his transition from JG sceptic to JG advocate and the reasons for his change of mind.The BafflerWe WorkJames K. Galbraith | Lloyd M. Bentsen Jr. Chair in Government/Business Relations and Professor of Government at the Lyndon B. Johnson School of Public Affairs, The University of Texas at Austin

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J. D. Alt — Framing a Job Guarantee

Now that progressive leaders (Bernie Sanders, Kirsten Gillibrand and Corey Booker) have placed a proposed “Job Guarantee” program onto the mainstream political stage, it is essential they begin explaining the proposal’s underpinning macro-economic logic. Otherwise they lay themselves, and the proposal itself, wide open to scathing public ridicule—as exemplified by a recent Megan McArdle op-ed in the Washington Post (“A federal job for everyone?” April 25, 2018). But what should they be...

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Framing a Job Guarantee

By J.D. ALT Note: This essay was first posted on realprogressivesusa.com Now that progressive leaders (Bernie Sanders, Kirsten Gillibrand and Corey Booker) have placed a proposed “Job Guarantee” program onto the mainstream political stage, it is essential they begin explaining the proposal’s underpinning macro-economic logic. Otherwise they lay themselves, and the proposal itself, wide open to scathing public ridicule—as exemplified by a recent Megan McArdle op-ed in the Washington Post...

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On the Costs of Doing Without a Job Guarantee

Michael Stephens | May 1, 2018 Pavlina Tcherneva — who, along with L. Randall Wray, Flavia Dantas, Scott Fullwiler, and Stephanie Kelton, authored this report estimating the economic impact of a job guarantee proposal (the Public Service Employment program) — was interviewed by Bloomberg’s Joe Weisenthal and Julia Chatterley about the purposes and costs of the plan. This recently released policy note by L. Randall Wray also...

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David Dayen — Whether America Can Afford a Job Guarantee Program Is Not Up for Debate

Disappointing. David Dayen surely knows that as currency issuer the federal government faces no limitation on the amount of currency it can issue, but he doesn't mention it.The InterceptWhether America Can Afford a Job Guarantee Program Is Not Up for Debate David DayenSee also With Senator Bernie Sanders in the forefront, some Democratic members of Congress are planning a bill to guarantee jobs that pay $15 per hour, not including mandatory benefits packages, for all Americans. Legislative...

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