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Post-Modern Fiscal Theory Again | 34 comments (34 topical, editorial, 0 hidden)
Re: Post-Modern Fiscal Theory Again (4.00 / 2)
MMT's policy solution of a Job Guarantee will serve - unless accompanied by a shift in the fiscal base - mainly to enrich rent-seeking owners
It seems to me that argument is conflating the job guarantee with the broader guaranteed living income.

The job guarantee by increases the amount of goods and services on offer, whereas a generic living income is not guaranteed to do so.

Finance is the brain [tumour] of the economy

by Carrie (migeru at eurotrib dot com) on Mon Jul 22nd, 2013 at 04:34:49 AM EST
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Post-Modern Fiscal Theory Again | 34 comments (34 topical, 0 editorial, 0 hidden)
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