The Job Guarantee Toward True Full Employment [Hardcover]

This timely collection will be the first of its kind to focus on the practical application of the government job guarantee (JG) for both developed and developing economies. Global case studies include: United States, China, Ghana, Argentina, Ireland, Iceland, and India.Introduction Michael J. Murray and Mathew Forstater 1. Rising Job Complexity and the Need for Government Guaranteed Work and Training Jon D. Wisman and Nicholas Reksten 2. Wage Policies and Funding Strategies for Job Guarantee Programs Philip Harvey 3. The Low Cost of Full Employment in the United States Fadhel Kaboub 4. The Costs and Benefits of a Job Guarantee: Estimates from a Multicountry Econometric Model Scott T. Fullwiler 5. Effective Demand, Technological Change, and the Job Guarantee Program Michael J. Murray 6. Transformational Growth, Endogenous Demand, and a Developmental ELR Program Edward J. Nell and George Argyrous 7. The Euro Crisis and the Job Guarantee: A Proposal for Ireland L. Randall Wray

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

For students interested in how labor markets operate in advanced market economies, the book offers much of interest, if it is read

with caution. - CHOICE

RICHARD B. DADZIE Assistant Professor of Economics and Finance at the University of Hawaii-West Oahu in Pearl City, USAPOULOMI 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, USAMATHEW FORSTATER Professor of Economics at the University of Missouri-Kansas City, USA, DlCr