L. Randall Wray

A sovereign nation operating with its own currency in a floating exchange rate regime can always financially afford an JG/ELR program. So long as there are workers who are ready and willing to work.

Comments and responses on the Modern Money Primer Part 44.

Our claim is that the economy with a Job Guarantee will be more stable than one without the Job Guarantee.

Comments and responses on the Modern Money Primer Part 43.

A JG or ELR program is one in which government promises to make a job available to any qualifying individual who is ready and willing to work.

Comments and responses on the Modern Money Primer Part 42.

Some have called it slavery; others accuse supporters of fascism or communism. Some claim we want to destroy the safety net. Others say we want to destroy capitalism.

Comments and responses on the Modern Money Primer Part 41.

The answer to both questions posed in the title is, I think, a big fat no.

As Carney and others lay their proposals out on the table so that we can see what kind of government they want, the reaction by most people is sheer horror.