Job Guarantee

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Youth Job Guarantee in India – Improving over time

While politicians in the advanced economies think it is a clever strategy to deliberately create poverty via unemployment, there are now several countries which have implemented direct job creation schemes to counter the major problems associated with persistent unemployment. For example, the Argentinean government introduced the Jefes de Hogar (Head of Households) program in 2001 … Continue reading

US / For a Job Guarantee program (government as an “employer of last resort”)

More than five years after the fall of Lehman Brothers we are still dealing with the problem of high unemployment, the worst kind of “waste” in economic theory. Is there a better approach? A number of scholars, notably Professor Randy Wray of the University of Missouri-Kansas City, have long proposed a Job Guarantee program or … Continue reading

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