This timely collection tackles the issue of the government job guarantee (JG) approach to full employment, taking previous research one step further by providing an in-depth look at practical application for both developed and developing economies. While the 'first generation' of literature on the JG focuses on theory and methodology, this book aims to formalize job guarantee proposals and focus on the practical application of such proposals. Questions raised include: Can the effectiveness of the job guarantee approach be measured, if so how, and what are the conclusions? How do these conclusions reinforce the theory? What are the practical applications? What is the empirical evidence to reinforce the theoretical application?
The Job Guarantee: Toward True Full Employment will be 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.
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.
RICHARD B. DADZIE Assistant Professor of Economics and Finance at the University of Hawaii-West Oahu in Pearl City, USA POULOMI DASGUPTA Department of Economics and Finance, at St. Peters College in Jersey City, NJ. Ph.D. Candidate in Economics at the University of Missouri-Kansas City, USA MATHEW FORSTATER Professor of Economics at the University of Missouri-Kansas City, USA, Director of the Center for Full Employment and Price Stability, and Research Associate with the Jerome Levy Economics Institute SCOTT FULLWILER Associate Professor of Economics, James A. Leach Chair in Banking and Monetary Economics, and Co-Director of Social Entrepreneurship. Research Associate with the Center for Full Employment and Price Stability in Kansas City, USA ANTOINE GODIN Ph.D. Candidate at University of Pavia, Italy PHILIP HARVEY Professor of Law and Economics at Rutgers University, USA FADHEL KABOUB Assistant Professor of Economics at Denison University, USA and Research Associate at the Levy Economics Institute of Bard College (NY), the Center for Full Employment and Price Stability, and the International Economic Policy Institute, Ontario, Canada JOSEFINA Y. LI Instructor of Economics at Bemidji State University, USA, PhD Candidate at the University of Missouri-Kansas City, Research Assistant with the Center for Full Employment and Price Stability MICHAEL J. MURRAY Assistant Professor of Economics at Bemidji State University, USA, Research Associate with the Center for Full Employment and Price Stability EDWARD J. NELL Malcolm B. Smith Professor of Economics at the New School for Social Research in New York, USA NICKOLAS REKSTEN PhD student in the Economics Department at American University, USA NANCY E. ROSE Professor Emeritus of Economics at California State University, San Bernardino, USA PAVLINA R. TCHERNEVA Assistant Professor of economics at Bard College, USA JON D. WISMAN Professor of Economics at American University in Washington, DC, USA L. RANDALL WRAY Professor of Economics at the University of Missouri-Kansas City, USA as well as Research Director, the Center for Full Employment and Price Stability, and Senior Scholar at the Levy Economics Institute of Bard College, USA
