LECTURE 4 – FULL EMPLOYMENT THROUGH THE JOB GUARANTEE (Institute of Economics, Campinas, Unicamp, August 13th , 2018)
In this lecture, that is the fourth of the Course of Modern Money Theory, Professor L. Randall Wray deals with the issue of unemployment. He discusses its causes, based on Minsky’s original reflections on this subject, and criticizes the traditional Keynesian approach. The Job Guarantee policy, a direct approach to deal with unemployment, is fully assessed, and Professor Wray presents in detail the recent proposals for USA presented by a group of researchers at the Levy Economics Institute.
Bibliografia:
Minsky, H. Effects of Shifts of Aggregate Demand Upon Income Distribution. American
Journal of Agricultural Economic, v. 50. 1968. ( [ Ссылка ] )
Wray, L. et a. Public Service Employment: a path to full employment. Research Project Reports.
Levy Economics Institute. April, 2018.
Apresentação PPT: [ Ссылка ]
Imagens: Alexandre Motta
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