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Search Results for: job guarantee
Response to Blog 50: Conclusion – Minsky and the Job Guarantee
By L. Randall Wray As I said I am not going to provide responses to comments on the final blogs of the primer. In any case, the commentary has degenerated into a chat room utilized largely by aging retirees who … Continue reading
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Posted in L. Randall Wray, MMP
RESPONSES TO BLOG 48: MMT AND THE JOB GUARANTEE
By L. Randall Wray Ok we had a huge number of responses. I can see we will need a Blog 49 on this topic and that there are way too many comments for me to deal with tonight. I will … Continue reading
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Posted in L. Randall Wray, MMP
MMP Blog 48: IS THE JOB GUARANTEE NECESSARY?
By L. Randall Wray Over the past 11 months, or so, we have examined Modern Money Theory. This is the proper paradigm for analyzing all modern countries that use their own currency. Some have wondered whether we can separate MMT … Continue reading
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Posted in L. Randall Wray, MMP
Tagged job guarantee, Modern Monetary Theory, modern money theory
Responses to MMP Blog #46: The Job Guarantee – Program Manageability
By L. Randall Wray Responses to MMP Blog #46: The Job Guarantee – Program Manageability Sorry, late yet again. One more week of teaching and then things should be less hectic. Note I had planned for 52 MMP blogs and … Continue reading
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MMP Blog #46: The Job Guarantee – Program Manageability
By L. Randall Wray As mentioned earlier, critics have argued that the program could become so large that it would be unmanageable. The central government would have difficulty keeping track of all the program participants, ensuring that they are kept … Continue reading
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Blog # 44 Responses: Job Guarantee and Macro Stability
By L. Randall Wray There were a number of questions, but commentators dealt with most of them quite well. I’ll organize the questions and responses and then add a few of my own. I suppose the excellent comments show that … Continue reading
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Posted in L. Randall Wray, MMP
MMP Blog #44: The Job Guarantee and Macro Stability
By L. Randall Wray The JG posts here at MMP have generated a huge number of comments. I have focused my responses at the comments more-or-less directly directed to the actual posted blogs. I can understand the impatience: many questions … Continue reading
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Posted in L. Randall Wray, MMP, MMT
Tagged Employer of Last Resort, job guarantee, Modern Monetary Theory, modern money theory
Responses to Blog #43: Job Guarantee Basic Design
By L. Randall Wray Thanks for the comments, many of which get ahead of the story. I’d like to remind readers that we are ADDING the JG onto the EXISTING system. So the correct comparison is NOT against some UTOPIAN … Continue reading
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MMP Blog #43: Job Guarantee Basics: Design and Advantages
By L. Randall Wray Program Design. A JG or ELR program is one in which government promises to make a job available to any qualifying individual who is ready and willing to work. The national government provides funding for a … Continue reading
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Posted in L. Randall Wray, MMP
Responses to Blog #42: Intro to the Job Guarantee
By L. Randall Wray Thanks for all the comments and the interesting discussions. Sorry this will be late as I’m in Brazil at a couple of conferences. A number of the comments were on topics we will discuss later—especially Vincenzo’s … Continue reading
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Posted in L. Randall Wray, MMP
Tagged Employer of Last Resort, full employment, job guarantee, Modern Monetary Theory
