Category: "macroeconomics"

The Job Guarantee, Wage-Price Inflation And Alternative Solutions: Part 2

March 25th, 2017
in macroeconomics

I’ve got quite a response to my last piece on the Job Guarantee program and it’s possible influence on wage-price spirals. Some of the kickback I received is, I think, based on a misunderstanding. A few people seemed to think that the JG program itself might induce a wage-price spiral. This is not what I was saying at all. more »

The Job Guarantee, Wage-Price Inflation And Alternative Solutions: Part 1

March 25th, 2017
in macroeconomics

by Philip Pilkington Before I start this post I should make one thing abundantly clear: I strongly support the idea of a Jobs Guarantee (JG) program. I think that the benefits it might bring to society so far outweigh its potential drawbacks that… more »

Angst in America, Part 1: Aimless Men

March 21st, 2017
in employment, macroeconomics

“America was not built on fear. America was built on courage, on imagination and an unbeatable determination to do the job at hand.” – Harry S. Truman “Unemployment is a weapon of mass destruction.”– Dennis Kucinich more »

Tax Reform: The Good, the Bad, and the Really Ugly, Part Five

“A tax loophole is something that benefits the other guy. If it benefits you, it is tax reform”– Russell B. Long “Corporate tax reform is nice in theory but tough in practice.”– Andrew Ross Sorkin more »

Thinking Makes It So: The IMF Bailout of the UK in 1976 and the Rise of Monetarism

Monetarism began it’s rise to world prominence in the ever-conservative Bundesbank in 1974. But it would be the government of Margaret Thatcher in the UK, elected in 1979, that would truly launch monetarism in central banking. more »




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