Job Guarantee
A job guarantee is an economic policy proposal that aims to create full employment and price stability by having the state promise to hire unemployed workers as an employer of last resort (ELR). It aims to provide a sustainable solution to inflation and unemployment. The economic policy stance currently dominant around the world uses unemployment as a policy tool to control inflation. When inflation rises, the government pursues contractionary fiscal or monetary policy, with the aim of creating a buffer stock of unemployed people, reducing wage demands, and ultimately inflation. When inflationary expectations subside, expansionary policy aims to produce the opposite effect. By contrast, in a job guarantee program, a buffer stock of ''employed'' people (employed in the job guarantee program) is typically intended to provide the same protection against inflation ''without'' the social costs of unemployment, hence potentially fulfilling the dual mandate of full employment and ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Eleanor Roosevelt At Works Progress Administration Site In Des Moines, Iowa - NARA - 195991
Eleanor () is a feminine given name, originally from an Old French adaptation of the Old Provençal dialect, Provençal name ''Aliénor''. It was the name of a number of women of royalty and nobility in western Europe during the High Middle Ages. The name was introduced to England by Eleanor of Aquitaine, who came to marry Henry II of England, King Henry II. It was also borne by Eleanor of Provence, who became queen consort of England as the wife of Henry III of England, King Henry III, and Eleanor of Castile, wife of Edward I. The name was popular in the Anglosphere during the first half of the 20th century, but declined in use until the late 20th century and first decades of the 21st century. It has been a well-used name in the United States, Canada, the United Kingdom, Australia and New Zealand during the 2020s. Eleanor was the third most popular name for newborn girls born to White Americans, white mothers in the U.S. state of Virginia in 2024, but was a less popular name for ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Poverty
Poverty is a state or condition in which an individual lacks the financial resources and essentials for a basic standard of living. Poverty can have diverse Biophysical environment, environmental, legal, social, economic, and political causes and effects. When evaluating poverty in statistics or economics there are two main measures: ''absolute poverty'' which compares income against the amount needed to meet basic needs, basic personal needs, such as food, clothing, and Shelter (building), shelter; secondly, ''relative poverty'' measures when a person cannot meet a minimum level of living standards, compared to others in the same time and place. The definition of ''relative poverty'' varies from one country to another, or from one society to another. Statistically, , most of the world's population live in poverty: in Purchasing Power Parity, PPP dollars, 85% of ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Journal Of Post Keynesian Economics
A journal, from the Old French ''journal'' (meaning "daily"), may refer to: *Bullet journal, a method of personal organization *Diary, a record of personal secretive thoughts and as open book to personal therapy or used to feel connected to oneself. A record of what happened over the course of a day or other period *Daybook, also known as a general journal, a daily record of financial transactions *Logbook, a record of events important to the operation of a vehicle, facility, or otherwise *Transaction log, a chronological record of data processing *Travel journal, a record of the traveller's experience during the course of their journey In publishing, ''journal'' can refer to various periodicals or serials: *Academic journal, an academic or scholarly periodical **Scientific journal, an academic journal focusing on science **Medical journal, an academic journal focusing on medicine **Law review, a professional journal focusing on legal interpretation *Magazine, non-academic or scho ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Warren Mosler
Warren Mosler (born September 18, 1949) is an American hedge fund executive and entrepreneur. He is a co-founder of the Center for Full Employment And Price Stability at University of Missouri-Kansas City and the founder of Mosler Automotive. Mosler is a proponent and research financier of Modern Monetary Theory. He was awarded an honorary doctorate by the Franklin University Switzerland, and in 2014 was appointed visiting professor at the University of Bergamo, Italy. Mosler has run as an independent for multiple offices including: United States president, a delegate to Congress three times, and lieutenant governor. In 2018, he ran unsuccessfully for governor of the U.S. Virgin Islands as an independent. Early life Mosler attended the University of Connecticut where he graduated with a degree in economics. He initially went on to work at the Savings Bank of Manchester in Manchester, Connecticut in 1973. Next he went on to work in Hartford for Bache and Co. before moving to ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Journal Of Economic Issues
The ''Journal of Economic Issues'' is an academic journal of economics. The current editor-in-chief is William Waller (Hobart and William Smith Colleges). It is published by Taylor & Francis on behalf of the Association for Evolutionary Economics The Association for Evolutionary Economics (AFEE) is an international organization of economists working in the Institutional economics, institutionalist and Evolutionary economics, evolutionary traditions of Thorstein Veblen, John R. Commons and We .... References External links * {{Official website, 1=https://www.tandfonline.com/loi/mjei20 Economics journals Quarterly journals English-language journals Academic journals established in 1967 Taylor & Francis academic journals Business and management journals ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Bill Mitchell (economist)
William Francis Mitchell (born 7 March 1952) is a professor of economics at the University of Newcastle, New South Wales, Australia and Docent Professor of Global Political Economy at the University of Helsinki, Finland. He is also a guest professor at Kyoto University, Japan since 2022. He is one of the founding developers of Modern Monetary Theory. Early life Mitchell was born to working class parents in Glen Huntly, a suburb of Melbourne, Australia, in March 1952. The family moved to Ashwood, a new Housing Commission suburb soon after. He attended Ashwood Primary School (1957–1963) and Ashwood High School (1964–1969). Education Mitchell holds the following degrees: PhD in Economics, University of Newcastle, 1998; Bachelor of Commerce, Deakin University, 1977; and Master of Economics Monash University, 1982. He completed a Master's Preliminary at the University of Melbourne in 1978 (with first-class honours). [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Hyman Minsky
Hyman Philip Minsky (September 23, 1919 – October 24, 1996) was an American economist and economy professor at Washington University in St. Louis. A distinguished scholar at the Levy Economics Institute of Bard College, his research was intent on providing explanations to the characteristics of financial crises, which he attributed to swings in a potentially fragile financial system. Minsky is often described as a post-Keynesian economist because, in the Keynesian tradition, he supported some government intervention in financial markets, opposed some of the financial deregulation of the 1980s, stressed the importance of the Federal Reserve as a lender of last resort and argued against the over-accumulation of private debt in the financial markets. Minsky's economic theories were largely ignored for decades, until the subprime mortgage crisis of 2008 caused a renewed interest in them. Education A native of Chicago, Illinois, Minsky was born into a Jewish family of Menshevik ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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University Of Missouri – Kansas City
A university () is an institution of tertiary education and research which awards academic degrees in several academic disciplines. ''University'' is derived from the Latin phrase , which roughly means "community of teachers and scholars". Universities typically offer both undergraduate and postgraduate programs. The first universities in Europe were established by Catholic monks. The University of Bologna (), Italy, which was founded in 1088, is the first university in the sense of: *being a high degree-awarding institute. *using the word (which was coined at its foundation). *having independence from the ecclesiastic schools and issuing secular as well as non-secular degrees (with teaching conducted by both clergy and non-clergy): grammar, rhetoric, logic, theology, canon law and notarial law.Hunt Janin: "The university in medieval life, 1179–1499", McFarland, 2008, , p. 55f.de Ridder-Symoens, Hilde''A History of the University in Europe: Volume 1, Universities in the Middl ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Bard College
Bard College is a private college, private Liberal arts colleges in the United States, liberal arts college in Annandale-on-Hudson, New York. The campus overlooks the Hudson River and Catskill Mountains within the Hudson River Historic District and is a National Historic Landmark. Founded in 1860, the institution consists of a liberal arts college and a Bard College Conservatory of Music, conservatory. The college offers undergraduate and graduate programs. The college has a network of over 35 affiliated programs, institutes, and centers, spanning twelve cities, five U.S. states, seven countries, and four continents. History Origins and early years During much of the nineteenth century, the land since owned by Bard was mainly composed of several estate (land), country estates. These estates were called Blithewood, Bartlett, Sands and Ward Manor/Almont. In 1853, John Bard (philanthropist), John Bard and Margaret Bard purchased a part of the Blithewood estate and renamed ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Levy Economics Institute
Founded in 1986 as the Jerome Levy Economics Institute, the Levy Economics Institute of Bard College is a nonprofit, nonpartisan public policy think tank. The purpose of its research and other activities is to enable scholars and leaders in business, labor, and government to work together on problems of common interest. Its findings are disseminated—via publications, conferences, seminars, congressional testimony, and partnerships with other nonprofits—to a global audience of public officials, private sector executives, academics, and the general public. Through this process of scholarship, analysis, and informed debate, the Levy Institute generates public policy responses to economic problems. The Levy Institute is housed on the campus of Bard College in Annandale-on-Hudson, New York, located 90 miles north of New York City. Blithewood, a Georgian-style manor at the campus's western edge, is the institute's main research and conference facility. Designed as a private reside ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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University Of Newcastle (Australia)
The University of Newcastle is a public university in Newcastle, New South Wales, Australia. Established in 1965, it has a primary campus in the Newcastle suburb of Callaghan. The university also operates campuses in Central Coast, Singapore, Newcastle City in the Hunter as well as Sydney. The University of Newcastle is a member of the Australian Technology Network, Universities Australia and the Association to Advance Collegiate Schools of Business. History Establishment The earliest origins of the present-day University of Newcastle can be traced to the Newcastle Teachers College (established 1949) and Newcastle University College (NUC, established 1951). NUC was created as an offshoot of the New South Wales University of Technology (now known as the University of New South Wales) and was co-located with the Newcastle Technical College at Tighes Hill. At the time of its establishment, NUC had just five full-time students and study was restricted to engineering, mat ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Centre Of Full Employment And Equity
The Centre of Full Employment and Equity or CofFEE is an official research centre of the University of Newcastle, New South Wales, Australia, and has operated since 1998. CofFEE's membership is drawn from the disciplines of economics, politics, sociology and geography. CofFEE states that it seeks to undertake and promote research into the goals of full employment, price stability and achieving an economy that delivers equitable outcomes for all. Its main focus is on macroeconomics, labour economics, regional development and monetary economics. Goals The stated main aims of the Centre are to "promote research aimed at restoring full employment", and achieving "an economy that delivers equitable outcomes for all", and also determining how effective regional labour markets can be in creating employment for the disadvantaged. Research programs Research programs of public interest include: work on the job guarantee scheme and public sector employment, in general, in OECD countrie ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |