Hasiera gisa, ikus DTM G eta E (5) eta DTM G eta E (6)
Segida:
(https://twitter.com/billy_blog/status/1283320070387593216)
Wednesday’s blog post (15/07) is now posted (18:37 EAST) – MMTed Q&A – Episode 7 – http://bilbo.economicoutlook.net/blog/?p=45394 – featuring Dr Pavlina Tcherneva discussing the Job Guarantee with me.
Here is Episode 7 in our weekly MMTed Q&A series. This is the third- and final part of my discussion on the Job Guarantee with Dr Pavlina Tcherneva and in this episode we discuss the applicability of Job Guarantee to nations that have both fiscal and external deficits and are exposed to international currency markets. While such a nation faces somewhat different pressures from their external sector, the point remains that if they have their own currency, they can always ensure that all the available productive resources at their disposal can be fully employed. The catch is that that level of activity may not deliver a high standard of material prosperity. We discuss examples such as Indonesia, Pakistan, South Africa and Argentina.
MMTed Q&A – Episode 7
This is Episode 7 in the MMTed Q&A series.
This week we continue my Zoom conversation with Dr Pavlina Tcherneva where we answered questions submitted by readers about the Job Guarantee.
Pavlina has just published a book – The Case for a Job Guarantee (published by Wiley) – which provides a really great entree into the world of the Job Guarantee.
In this episode we discuss the intrinsic importance of the Job Guarantee to MMT.
The video goes for 11:44 minutes.
Bideoa: https://www.youtube.com/watch?v=C0NzXbMCziA&feature=emb_logo
youtube.com
2020 uzt. 15
Warren B. Mosler #MMT@wbmosler
erabiltzaileari erantzuten
My comments:
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Unemployment defines minimum ‘fiscal space’.
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Job Guarantee does not reduce the ability to import.
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Currency depreciation does not reduce the ability to import or reduce real wealth, however it does alter internal distribution.
2020 uzt. 15
