The Job Guarantee and Modern Money Theory
Realizing Keynes's Labor Standard
The contributors to this edited collection argue that a flexible Job Guarantee program able to react to an economy's fluctuating need for work would stabilize the labor standard, the value of employment in relation to money. During economic downturns, the program would expand to provide more public sector jobs in response to private sector layoffs. It would then contract when economic growth offered private sector employment opportunities. This flexible full employment program would create a balanced, perpetually active labor force, providing the macroeconomic stability necessary to define a functioning labor standard.Just as the gold standar…
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Produktdetails
Weitere Autoren: Forstater, Mathew (Hrsg.)
- ISBN: 978-3-319-46442-8
- EAN: 9783319464428
- Produktnummer: 22263827
- Verlag: Springer-Verlag GmbH
- Sprache: Englisch
- Erscheinungsjahr: 2017
- Seitenangabe: 228 S.
- Plattform: PDF
- Masse: 2'938 KB
- Auflage: 1st ed. 2017
- Abbildungen: 5 schwarz-weiße und 12 farbige Abbildungen, Bibliographie
Über den Autor
Michael J. Murray is Associate Professor of Economics at Bemidji State University, USA, and a Research Scholar at the Binzagr Institute for Sustainable Prosperity. He co-edits the American Review of Political Economy and is co-editor of four volumes on the job guarantee. Murray's research focuses on public policies targeting the dual problems of unemployment and poverty. He also studies production theory, structural and technological change, and its impacts on employment.Mathew Forstater is Professor of Economics at the University of Missouri-Kansas City, USA; Research Director at the Binzagr Institute for Sustainable Prosperity; and Research Associate at the Levy Economics Institute of Bard College, USA. He is engaged in projects on employment and federal budget policy, using a historical, interdisciplinary approach to examine the potential role of full employment policies in the face of deficit reduction and continuous technological change.ContributorsLorenzo Esposito, Bank of Italy, Milan, ItalyScott Fullwiler, University of Missouri-Kansas City, USARohan Grey, Columbia Law School, USAJames Juniper, University of Newcastle, AustraliaFadhel Kaboub, Denison University, USAGiuseppe Mastromatteo, Catholic University of the Sacred Heart, ItalyScott L.B. McConnell, Eastern Oregon University, USAWilliam Mitchell, University of Newcastle, AustraliaEdward J. Nell, The New School, USATimothy P. Sharpe, Nottingham Trent University, UKMartin J. Watts, University of Newcastle, Australia
8 weitere Werke von Michael J. (Hrsg.) Murray:
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