Explain the Jobs Guarantee as described by Bill Mitchell and Pavlina Tcherneva in videos 1 & 2
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Explain the Jobs Guarantee as described by Bill Mitchell and Pavlina Tcherneva in videos 1 & 2 above. Make sure to describe the idea of the buffer stock, how the jobs guarantee is said to interact with the business cycle, why it is proposed as a macroeconomic stabilizer, and what kinds of employment are proposed.
video 1: https://www.youtube.com/watch?v=KSw0ROvM6QM
video 2: https://vimeo.com/83813741
Related Book For
Applied Regression Analysis and Other Multivariable Methods
ISBN: 978-1285051086
5th edition
Authors: David G. Kleinbaum, Lawrence L. Kupper, Azhar Nizam, Eli S. Rosenberg
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