The Problem With a Job Guarantee
Building working-class power through full employment is a worthy goal, but there are better strategies for creating and sustaining a tight labor market.
Building working-class power through full employment is a worthy goal, but there are better strategies for creating and sustaining a tight labor market.
Two responses to “The Problem With a Job Guarantee.”
The core analytic framework for economists on the left has not changed in nearly a century. We need a new paradigm to make sense of the world we inhabit.
The growing global concentration of wealth has made basic data on household savings, the trade deficit, and overseas assets increasingly unreliable.
Socialist parties emerged as dynamic, powerful forces at the turn of the twentieth century. After decades of decline, can they revive themselves in the twenty-first?
Fred Block: The World Economy Needs More Borrowing?Not Less
Fred Block: End This Depression
The End of Energy: The Unmaking of America’s Environment, Security, and Independence by Michael J. Graetz MIT Press, 2011, 384 pp. Michael J. Graetz’s The End of Energy is a well-documented lamentation over the forty-year failure of the U.S. political …
Fred Block: Rebuilding America
Block: The Infrastructure Economy
Keynes: The Return of the Master by Robert Skidelsky Public Affairs, 2009, 256 pp., $25.95 Keynes: The Rise, Fall, and Return of the 20th Century’s Most Influential Economist by Peter Clarke Bloomsbury, 2009, 211 pp., $20 A fierce debate raged …
F. Block: The Stimulus is Signed–Now What?
F. Block: Fixing the Paulson Plan
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One of the fault lines within political economy is between theorists of continuity and theorists of discontinuity. The former argue that current institutions are a continuation of the past with only superficial changes. The latter argue that big changes are …