Narrow search
Showing 1 - 10 of 79
Cover Image
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
Cover Image
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
Cover Image
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
Cover Image
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
Cover Image
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
Cover Image
Government as employer of last resort : full employment without inflation
Wray, L. Randall - 1997
Persistent link: https://www.econbiz.de/10000992615
Cover Image
The job guarantee : MMT's proposal for full employment and price stability
Tcherneva, Pavlina R. - 2024
Orthodox economic theory presents the policy maker with an impossible choice: eradicate unemployment at the cost of undesirable inflation or keep prices stable by maintaining some level of involuntary unemployment. This is the canon, as embodied in the natural rate of unemployment theory and the...
Persistent link: https://www.econbiz.de/10015135049
Cover Image
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
Cover Image
Full employment : the road not taken
Tcherneva, Pavlina R. - 2014
It is common knowledge that John Maynard Keynes advocated bold government action to deal with recessions and unemployment. What is not commonly known is that modern "Keynesian policies" bear little, if any, resemblance to the policy measures Keynes himself believed would guarantee true full...
Persistent link: https://www.econbiz.de/10010251584
Cover Image
Beyond full employment : the employer of last resort as an institution for change
Tcherneva, Pavlina R. - 2012
Over the past decade and a half the ability of the employer-of-last-resort (ELR) proposal to deliver full employment and price stability has been discussed at length in the literature. A different issue has received relatively little attention - namely, the concern that even when the ELR...
Persistent link: https://www.econbiz.de/10009622542