Category Archives: Job Guarantee

This category covers posts that explicitly develop the concept of the Job Guarantee

Operationalising core MMT principles – Part 2

This is the second and final part of this cameo set, which aims to clear up a few major blind spots in peoples’ embrace with Modern Monetary Theory (MMT). This is all repetition. I don’t apologise for that and it … Read the rest of this entry »

Posted in Capital controls, Central banking, Fiscal Statements, Job Guarantee | 24 Comments

Operationalising core MMT principles – Part 1

Things seem to come in cycles. We have been at this for some years now – trying to articulate the principles of Modern Monetary Theory (MMT) in various ways in various fora. There is now a solid academic literature – … Read the rest of this entry »

Posted in Debriefing 101, Fiscal Statements, Inflation, Job Guarantee | 16 Comments

The Job Guarantee is more than a Green New Deal job creation policy

Everywhere I read it seems, the ‘Green New Deal’ appears. I wrote a bit about it last week in my evaluation of the latest US job numbers – US labour market moderated in November and considerable slack remains (December 11, … Read the rest of this entry »

Posted in Climate change, Job Guarantee, Reclaim the State | 15 Comments

Inclusive growth means poverty reduction and declining income inequality

I am doing some work on the way technology can be chosen to maximise employment in the pursuit of advancing general well-being. This is in the context of some work I am doing on advancing what is known as ‘relative … Read the rest of this entry »

Posted in Future of Work, IMF, Job Guarantee | 14 Comments

Reflections on the 2nd International MMT Conference – Part 2

I am now on a train heading back from Galway to Dublin for tonight’s event. This is Part 2 of my responses to the conversations I had and presentations I attended during the Second International Modern Monetary Theory which was … Read the rest of this entry »

Posted in Debriefing 101, Fiscal Statements, Framing and Language, Job Guarantee | 26 Comments

Reflections on the 2nd International MMT Conference – Part 1

I have very little free time today. I am now in Dublin and am travelling to Galway soon for tonight’s event (see below). Last evening I met with some Irish politicians at the Irish Parliament and had some interesting conversations. … Read the rest of this entry »

Posted in Central banking, Debriefing 101, Fiscal Statements, Framing and Language, Job Guarantee | 27 Comments

‘Progressive’ groups in Australia captured by neoliberal ideology

The Australian Council of Social Service (ACOSS), which represents income support recipients, in conjunction with Jobs Australia (a peak body for the not-for-profit job services providers) released a report last week (September 14, 2018) – Faces of Unemployment – which … Read the rest of this entry »

Posted in Job Guarantee, Labour Force, Unemployment Benefits | 14 Comments

MMT is just plain good economics – Part 3

This is the third and final part of this series where I examine claims made by senior advisors to the British Labour Party that a fiscal policy that is designed using the insights provided by Modern Monetary Theory (MMT) would … Read the rest of this entry »

Posted in Britain, Capital controls, Fiscal Statements, Framing and Language, Job Guarantee, UK Economy | 57 Comments

The plaintive, I just want to do my art!

Today is Wednesday and only a few observations today as I want more time to write other things. Last night, I gave a talk at a Politics-in-the-Pub event in Newcastle, which is a monthly gathering held at a local hotel … Read the rest of this entry »

Posted in Job Guarantee, Music | 48 Comments

UBI advocates ignore the dynamic efficiencies of full employment

I have written about the concept of dynamic efficiency before. The most recent blog post on this theme was – The ‘truth sandwich’ and the impacts of neoliberalism (June 19, 2018) – which examined how social mobility across generations has … Read the rest of this entry »

Posted in Japan, Job Guarantee, Reclaim the State, US economy | 15 Comments