An economics, investment, trading and policy blog with a focus on Modern Monetary Theory (MMT). We seek the truth, avoid the mainstream and are virulently anti-neoliberalism.
Is this MMT without a job guarantee? or is that covered under equilibrium?
I'm not sure if it's a good or bad thing if MMT gets swept up into some other umbrella grouping.
I'd prioritise these.
1) Get sectoral account analysis mainstream. 2) Get broad agreement on how the monetary system actually works. E.g. Govt spending precedes taxation. 3) Just get Job Guarantee on the same headline page as universal basic income.
I'd say if you want to get elected then guaranteeing people a job, an income and somewhere to live is a pretty good start. Everything then follows from that.
If you don't then you are in the grouping that condemns 5% of the population to permanent poverty.
2 comments:
Is this MMT without a job guarantee? or is that covered under equilibrium?
I'm not sure if it's a good or bad thing if MMT gets swept up into some other umbrella grouping.
I'd prioritise these.
1) Get sectoral account analysis mainstream.
2) Get broad agreement on how the monetary system actually works. E.g. Govt spending precedes taxation.
3) Just get Job Guarantee on the same headline page as universal basic income.
"I'd prioritise these."
I'd say if you want to get elected then guaranteeing people a job, an income and somewhere to live is a pretty good start. Everything then follows from that.
If you don't then you are in the grouping that condemns 5% of the population to permanent poverty.
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