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...

This paper examines the development of employment policy in the United Kingdom. Past public-sector direct employment schemes, including those associated with the workfare model, had been discredited as ineffective across the OECD. In numerous countries, however, newer job creation schemes were...

This paper briefly analyses the shifts in economic theory that have moved policy makers from unambiguously pursuing full employment to the current state where full employability is justified as being optimal. We also explore how these theoretical developments translated in practice, culminating...

This paper discusses a local, privately-run and federally-funded program for all individuals able to demonstrate their income is at, or below the poverty line. This free Certified Nursing Assistant training program enables successful participants to obtain appropriate employment in local...

Unemployment brings economic, psychological, and social hardship to individuals and their community. Common policies to combat unemployment include the promotion of economic growth and training, but a less common policy focuses on the right to work. This policy proposal decouples the goals of...

For nearly a decade, a small number of economists have been promoting a Job Guarantee to achieve full employment (Mitchell and Watts, 1997; Wray, 1998). As an ecological economist, I have also been a recent supporter of the Job Guarantee on the basis that: (a) the macroeconomics of the Job Guarantee...

For nearly a decade, a small number of economists have been promoting a Job Guarantee to achieve full employment (Mitchell and Watts, 1997; Wray, 1998). As an ecological economist, I have also been a recent supporter of the Job Guarantee on the basis that: (a) the macroeconomics of the Job Guarantee...

The Employer of Last Resort (ELR) program is a New Deal type of program to provide a government position for anyone seeking work. Unlike private industries who compete over prices and wages, the ELR “industry†is not meant to compete with the private sector; rather it provides public...

Samuel Z. Westerfield Address Copyright Springer Science+Business Media New York 2013

The structuralist and Stock Flow Consistent (SFC) approaches share some common grounds. Computable General Equilibriums (CGE) models, often used by structuralists, are based on Social Accounting Matrices, which are close SFC’s Transaction Flow Matrices. However, the analysis of structuralists...