The Job Guarantee Toward True Full Employment

by Murray, Michael J.; Forstater, Mathew

• ISBN13: 9781137286093
• ISBN10: 1137286091
• Format: Hardcover
• Copyright: 2013-01-22
• Publisher: Palgrave Macmillan

Summary

To date, the contributions on the topic of the government job guarantee (JG) have laid the theoretical groundwork for the job guarantee approach toward full employment. The distinctive element that sets this book apart is its focus on formalization and practical application. The Job Guarantee: Toward True Full Employment is the first of its kind to focus on the 'second generation' of job guarantee proposals to full employment, and primarily on theoretical applications, simulations, and case studies to describe the nature, structure, and applicability for developed and developing economies.

Author Biography

Michael J. Murray is an Assistant Professor of Economics at Bemidji State University and a research associate with the Center for Full Employment and Price Stability. His current research focuses on simulations of various Employer of Last Resort proposals, Heterodox price and production modeling, and the economics of Adolph Lowe. He has published in the Journal of Economic Issues, served as a book reviewer for the Heterodox Economics Newsletter, and contributed to edited volumes.

Mathew Forstater is a Professor of Economics at the University of Missouri-Kansas City, Director of the Center for Full Employment and Price Stability, and Research Associate with the Levy Economics Institute. He is the author of Little Book of Big Ideas: Economics. He is also the author of numerous journal articles, working papers, and policy reports on unemployment, full employment, green jobs, money, and competing approaches to the debt and deficit.

Table of Contents

'With the rise of neo-liberalism full employment as a policy ideal has been either heavily discounted or rejected. Nevertheless humane economists never accepted this. The present volume contains challenging and highly relevant chapters by young and older scholars on the issue and what to do about it in the new environment.' - G. C. Harcourt Emeritus Reader in the History of Economic Theory, University of Cambridge, UK