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Jobs Guarantee
A job guarantee is an economic policy proposal that aims to provide a sustainable solution to inflation and unemployment. Its aim is to create full employment and price stability by having the state promise to hire unemployed workers as an employer of last resort (ELR). 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 pr ...
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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 name ''Aliénor''. It is 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 King Henry II. It was also borne by Eleanor of Provence, who became Queen consort of England as the wife of King Henry III, and Eleanor of Castile, wife of Edward I. The name was popular in the United States in the 1910s and 1920s, peaking at rank 25 in 1920. It declined below 600 by the 1970s, again rose to rank 32 in the 2010s. Eleanor Roosevelt, the longest-serving first lady of the US was probably the most famous bearer of the name in contemporary history. Common hypocorisms include Elle, Ella, Ellie, Elly, Leonor, Leonora, Leonore, Nella, Nellie, Nelly, and Nora. Origin The name derives from the Provençal name Aliénor, which became Eléonore in ''Langue d'oïl ...
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Social Exclusion
Social exclusion or social marginalisation is the social disadvantage and relegation to the fringe of society. It is a term that has been used widely in Europe and was first used in France in the late 20th century. It is used across disciplines including education, sociology, psychology, politics and economics. Social exclusion is the process in which individuals are blocked from (or denied full access to) various rights, opportunities and resources that are normally available to members of a different group, and which are fundamental to social integration and observance of human rights within that particular group (e.g., housing, employment, healthcare, civic engagement, democratic participation, and due process). Alienation or disenfranchisement resulting from social exclusion can be connected to a person's social class, race, skin color, religious affiliation, ethnic origin, educational status, childhood relationships, living standards, and or political opinions, and app ...
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Warren Mosler
Warren Mosler (born September 18, 1949) is an American hedge fund manager 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 post-Keynesian 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. befor ...
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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 institutionalist and evolutionary traditions of Thorstein Veblen, John R. Commons and Wesley Mitchell. It is part of the Allied Social .... References External links * {{Official website, 1=https://www.tandfonline.com/loi/mjei20 Economics journals Quarterly journals English-language journals Publications established in 1967 Taylor & Francis academic journals ...
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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 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, 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).
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Hyman Minsky
Hyman Philip Minsky (September 23, 1919 – October 24, 1996) was an American economist, a professor of economics at Washington University in St. Louis, and a distinguished scholar at the Levy Economics Institute of Bard College. His research attempted to provide an understanding and explanation of the characteristics of financial crises, which he attributed to swings in a potentially fragile financial system. Minsky is sometimes 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 fa ...
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University Of Missouri – Kansas City
A university () is an institution of higher (or tertiary) education and research which awards academic degrees in several academic disciplines. Universities typically offer both undergraduate and postgraduate programs. In the United States, the designation is reserved for colleges that have a graduate school. The word ''university'' is derived from the Latin ''universitas magistrorum et scholarium'', which roughly means "community of teachers and scholars". The first universities were created in Europe by Catholic Church monks. The University of Bologna (''Università di Bologna''), founded in 1088, is the first university in the sense of: *Being a high degree-awarding institute. *Having independence from the ecclesiastic schools, although conducted by both clergy and non-clergy. *Using the word ''universitas'' (which was coined at its foundation). *Issuing secular and non-secular degrees: grammar, rhetoric, logic, theology, canon law, notarial law.Hunt Janin: "The university ...
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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, and is within the Hudson River Historic District—a National Historic Landmark. Founded in 1860, the institution consists of a liberal arts college and a Bard College Conservatory of Music, conservatory, as well as eight graduate programs offering over 20 graduate degrees in the arts and sciences. The college has a network of over 35 affiliated programs, institutes, and centers, spanning twelve city, cities, five U.S. states, states, seven country, countries, and four continents. History Origins and early years During much of the nineteenth century, the land now owned by Bard was mainly composed of several estate (land), country estates. These estates were called Blithewood, Bartlett, Sands, Cruger's Island, and Ward Manor/Almont. In 1853, John Bard (philanthropist), ...
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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 residen ...
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University Of Newcastle (Australia)
The University of Newcastle (UON), informally known as Newcastle University, 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 Ourimbah, Port Macquarie, Singapore, Newcastle CBD and Sydney CBD. Historically, the University of Newcastle Medical School has implemented the problem-based learning system for its undergraduate Bachelor of Medicine program – a system later mandated for use by the Australian Medical Council throughout Australia. It pioneered use of the Undergraduate Medicine and Health Sciences Admission Test (UMAT) in the early 1990s. UMAT has since been accepted widely by different medical schools across Australia as an additional selection criteria. The University of Newcastle is a member of the Australian Technology Network, Universities Australia and the Association to Advance Collegiate Schools of Business. History Esta ...
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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 ...
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