Pavlina Techerneva-k: lan berme baten ondorio makroekonomikoak
LEFT OUT: Pavlina Tcherneva on the macroeconomic effects of a job guarantee
(https://soundcloud.com/leftoutpodcast/pavlina-tcherneva)
In this episode of Left Out, Paul Sliker speaks with Pavlina Tcherneva at the Levy Economics Institute about the macroeconomic effects of a federal job guarantee, the common criticisms around its design and implementation, and much more.
Pavlina Tcherneva is a leading American economist and Modern Monetary Theory (MMT) scholar. She’s currently the Director of the Economics Program at Bard College and a Research Scholar at the Levy Economics Institute. Follow her on Twitter: @ptcherneva
Timestamps of topics discussed:
• Introduction to Pavlina Tcherneva (4:27)
• Hyman Minsky and Post-Keynesian Institutionalism (12:14)
• How economists and the general public misread and misinterpret the work of John Maynard Keynes (17:00)
• The problems of income inequality and unemployment as a window for understanding the need for a job guarantee (21:40)
•Addressing criticisms on the funding of a job guarantee (28:24)
• Addressing criticisms of the design of a job guarantee (31:00)
• Addressing concerns of a job guarantee creating “make work” and “bullshit jobs” (38:03)
• Addressing concerns of how a federal job guarantee can ensure states, local governments and communities will create enough jobs (43:55)
• On the role of the Federal Reserve in managing the macroeconomy, employment, and the conceptual misunderstandings of unemployment (47:14)
• On the importance of the job guarantee pegging the US dollar to labor (53:06)
• A job guarantee versus a universal basic income (57:40)
• The job guarantee in Argentina in the aftermath of its 2001 economic crisis (104:45)
• Outlook on the US economy if we remain without policies like a job guarantee (1:12:32)
Reports mentioned in this conversation:
The Job Guarantee: Design, Jobs, and Implementation (Pavlina Tcherneva; Levy Economics Institute) www.levyinstitute.org/publications/t…implementation
Inequality Update: Who Gains When Income Grows? (Pavlina Tcherneva; Levy Economics Institute) www.levyinstitute.org/publications/i…n-income-grows
For more of Pavlina Tcherneva’s work on the federal job guarantee and much more, please visit: www.pavlina-tcherneva.net/
To learn more about the Levy Economics Institute and the research and publications of their other leading scholars, please visit: www.levyinstitute.org/
Pavlina Tcherneva-k: lan bermeak dolarra lan-indarrari lozen dio
[TEASER] Pavlina Tcherneva on how a job guarantee pegs the dollar to labor
(https://soundcloud.com/leftoutpodcast/tcherneva-currency-jg)
In this Left Out teaser, economist Pavlina Tcherneva explains how if the US Government were to initiate a federal job guarantee, it would be pegging the US Dollar to labor and creating a condition where human labor becomes the anchor for the currency.
