Basic Income and the Job Guarantee – further clarifications

There was a Centre for Innovation and Public Purpose discussion a month or two ago which I’ve been meaning to watch. Here Pavlina Tcherneva – together with a few interventions from Robert Sidelsky – was discussing in some practical detail, on the basis of her recent book, “The Case for a Job Guarantee” its benefits and workings.

First, I think it is important to point out as Steve Keen does here that the Job Guarantee is not a matter of explaining the state monetary system as Modern Monetary Theory (MMT) does but is a suggested policy to accompany that understanding. […]

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