Daily Archives: March 18, 2012

MMP Blog #42: Introduction to the Job Guarantee or Employer of Last Resort

By L. Randall Way

This week we begin our series on the Job Guarantee or employer of last resort. Both terms have been used to refer to the same proposal; indeed we have also experimented with other terms: Buffer Stock Employment and Public Service Employment. Each of these terms has its own advantages and disadvantages—as each draws attention to a different aspect of the program. Henceforth I will use Job Guarantee (JG) in this series.

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