MMP Blog #48: Is The Job Guarantee Necessary?
Once one understands that sovereign governments do not have to force millions to suffer involuntary unemployment, then the ethically defensible position of opposing a Job Guarantee is narrowed.
Exchange Rate
MMP Blog #45: The JG and Affordability Issues with Special Considerations for Developing Nations
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.
MMP Blog #44: The Job Guarantee and Macro Stability
Our claim is that the economy with a Job Guarantee will be more stable than one without the Job Guarantee.
MMP Blog #34: Functional Finance and Exchange Rate Regimes: The Twin Deficits Debate
The US Dollar probably will not remain the world’s reserve currency. From the US perspective, that might be a disappointment. In the long view of history, it is inconsequential.
