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The return of fiscal policy : can the new developments in the new economic consensus be reconciled with the Post-Keynesian view?

Tcherneva, Pavlina R. (contributor) - 2008

The monetarist counterrevolution and the stagflation period of the 1970s were among the theoretical and practical developments that led to the rejection of fiscal policy as a useful tool for macroeconomic stabilization and full employment determination. Recent mainstream contributions, however,...

Persistent link: https://www.econbiz.de/10003772163

ELR-led economic development : a plan for Tunisia

Kaboub, Fadhel (contributor) - 2007

country like Tunisia. It argues that an ELR-led economic development policy is vastly superior to the traditional import … substitution industrialization (ISI), export-led, and FDI-led development models, all of which Tunisia has adopted without much … success in reducing unemployment. Despite outperforming its peers in terms of macroeconomic stability, Tunisia’s official …

Persistent link: https://www.econbiz.de/10003727005

What jobs should a public job guarantee provide? : lessons from Hyman P. Minsky

Haim, Daniel - 2021

The job guarantee is a viable policy option for tackling both unemployment and underemployment. Hyman P. Minsky was one of the seminal writers on this subject. The first part of this working paper provides a survey of Minsky's writings to identify what kind of jobs he had in mind when...

Persistent link: https://www.econbiz.de/10012419360

The job guarantee : design, jobs, and implementation

Tcherneva, Pavlina R. - 2018

The job guarantee (JG) is a public option for jobs. It is a permanent, federally funded, and locally administered program that supplies voluntary employment opportunities on demand for all who are ready and willing to work at a living wage. While it is first and foremost a jobs program, it has...

Persistent link: https://www.econbiz.de/10011816870

Trump's bait and switch : job creation in the midst of welfare state sabotage

Tcherneva, Pavlina R. - 2017

President Trump’s faux populism may deliver some immediate short-term benefits to the economy, masking the devastating long-term effects from his overall policy strategy. The latter can be termed "welfare state sabotage" and is a wholesale assault on essential public sector institutions and...

Persistent link: https://www.econbiz.de/10011635494

Employment guarantee programs : a survey of theories and policy experiences

Kaboub, Fadhel (contributor) - 2007

This working paper provides a survey of the theoretical underpinnings for the various employment guarantee schemes, and discusses full employment policy experiences in the United States, Sweden, India, Argentina, and France. The theoretical and policy developments are delineated in a historical...

Persistent link: https://www.econbiz.de/10003727004

Keynes's approach to full employment : aggregate or targeted demand?

Tcherneva, Pavlina R. (contributor) - 2008

This paper argues that John Maynard Keynes had a targeted (as contrasted with aggregate) demand approach to full employment. Modern policies, which aim to close the demand gap,ʺ are inconsistent with the Keynesian approach on both theoretical and methodological grounds. Aggregate demand tends...

Persistent link: https://www.econbiz.de/10003773510

The social and economic importance of full employment

Wray, L. Randall - 2009

Unemployment was singled out by John Maynard Keynes as one of the principle faults of capitalism; the other is excessive inequality. Obviously, there is some link between these two faults: because: since most people living in capitalist economies must work for wages as a major source of their...

Persistent link: https://www.econbiz.de/10003859822

The Freedom Budget at 45 : functional finance and full employment

Forstater, Mathew - 2011

Forty-five years ago, the A. Philip Randolph Institute issued "The Freedom Budget," in which a program for economic transformation was proposed that included a job guarantee for everyone ready and willing to work, a guaranteed income for those unable to work or those who should not be working,...

Persistent link: https://www.econbiz.de/10008990923

Guaranteed green jobs : sustainable full employment

Godin, Antoine - 2012

In most economies, the potential of saving energy via insulation and more efficient uses of electricity is important. In order to reach the Kyoto Protocol objectives, it is urgent to develop policies that reduce the production of carbon dioxide in all sectors of the economy. This paper proposes...

Persistent link: https://www.econbiz.de/10009533361