Unfortunately for his readers, he is either unfamiliar with the most basic literature on the JG, or is deliberately misleading them. Let’s give him the benefit of the doubt and assume it’s the former.New Economic Perspectives
Dazed and Confused: Matt Yglesias on the Job Guarantee
Pavlina Tcherneva | Assistant Professor of Economics at Bard College, Research Scholar at The Levy Economics Institute, and Senior Research Associate at the Center for Full Employment and Price Stability
2 comments:
Apart from anything else, it’s impossible to say anything useful about JG in 500 words which is about the length of Matt Yglesias’s article: not even the length of a standard newspaper op-ed article. JG is a complicated subject.
So here is how MY begins his post: "If you want to see a triumph of framing over policy analysis,"
Then PT writes: " Let’s give him the benefit of the doubt and assume it’s the former."
(uh, let's NOT...)
Where the former was the idea that MY was unfamiliar with the policy analysis...
When MY in the first sentence here asserts he WAS familiar with the policy analysis and has rejected it as "a triumph of framing OVER THE POLICY ANALYSIS..."
Why would we think he was unfamiliar with the analysis when he first thing tells us that he WAS familiar with the analysis? And has rejected it.
He is not 'dazed and confused' ... he simply disagrees with the policy analysis....
And more importantly he is a moron who thinks "funds" have to be made "available": "Any funds available for the jobs guarantee would be better spent on 1, 2, or 4..."
He is manifestly just another moron who thinks "we're out of money!" as usual...
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