Category Archives: Pavlina R. Tcherneva

Full Employment through Social Entrepreneurship

By Pavlina Tchnerva

Pavlina R. Tcherneva discusses her proposal for eliminating unemployment now and forever by running a job guarantee program through the social  entrepreneurial sector. She examines the problems with conventional stimulus policies and the price-stabilization features of her proposal.

It is the 12/10/2103 interview and starts at 17:30 min mark.

NEP’s Pavlina Tcherneva appears on Ian Masters’ Background Briefing

Pavlina appeared on Background Briefing with Ian Masters on October 10. One topic is the new Chairwoman of the Federal Reserve Janet Yellen, the first woman to hold what is considered the second most powerful position in the world. Discussion includes the good news at the Fed and the continuing bad news from the capitol where the Republicans are offering a truce until November 22 before they resume their threat to default.

You can listen to the interview here.

Or visit the site here.

Marianna Mazzucato’s Rethinking the State Video Project

The 2 videos below are from Marianna’s project. The first features Pavlina Tcherneva discussing employment and labor market issues. The second features L. Randal Wray discussing money and reforming the monetary and financial system.

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Guaranteed Income or Employment: Economic Rights for the 21st Century

Video from the Modern Money and Public Purpose series. This is Lecture 8 on economic rights and features Pavlina Tcherneva and Philip T. Harvey

The Long Battle For A Living Wage Goes On

By Pavlina Tcherneva
(cross posted from

This week workers in fast food restaurants across the country gathered to protest the minimum wage in the United States, which currently is a paltry $7.25, and to fight for a better standard of living. The battle for a living wage for the nation’s poorest workers is set against the backdrop of mass unemployment and the highest level of economic inequality in the U.S. in almost a century.

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Romney: The Little People Don’t Pay Taxes

By L. Randall Wray & Pavlina R. Tcherneva
(Cross posted at Huffington Post)

Everyone recalls the quip by Leona Helmsley: “We don’t pay taxes. Only the little people pay taxes…”. By “we”, of course, she meant the likes of Mitt Romney. By little people, she meant Romney’s 47% – those not worth the bother. As President, the Mitt made clear, he will not be serving them.

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Economists for Romney: a closer look

By Pavlina R. Tcherneva

Presidential hopeful Mitt Romney boasts support from the scientific community for his supply-side trickle-down economic proposal. It is outlined here, along with the list of economists endorsing the plan.

Several Nobel Prize winners grace the top of the list. Here is a quick look at some of these luminaries and their contributions to some of the most pressing problems of our time. Continue reading

The Job Guarantee is Not Workfare

By Pavlina R. Tcherneva

For a couple of years Ralph Musgrave has been arguing that the Job Guarantee provides jobs that are essentially the same as those in the private sector with the same kinds of inflationary effects. For this reason, he has been treating the JG a simple job subsidy with a training component, similar to various active labor market policies (ALMP) around the world.

Alternative Fiscal Policies: Why the Job Guarantee is Superior (Wonkish)

By Pavlina R. Tcherneva

A few weeks ago I called for a technocratic debate on the merits of the JG, relative to other fiscal policies. A number of bloggers took the charge but the debate was not immune to ideological biases, which proved the starting point of my piece that one cannot separate fact from theory or ideology (and by ideology I do not mean the derogatory use of the word, but that which signifies ‘ontology’ or a ‘world view’). What I didn’t expect is for friends and sympathizers to resurrect one particularly invidious charge we have long heard from MMT deniers, namely that MMT is pushing authoritarian policies.

Oh, boy. How did we even get here? I thought this was going to be a technocratic debate.

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Pavlina Tcherneva – Bottom Up Fiscal Policy: Direct Employment of the Unemployed