Thomas I. Palley
The following story, which appeared in The Guardian on Sunday 29 July, was forwarded to me by Malcolm Sawyer:
“Million jobless may face six months’ unpaid work or have unemployment benefits stopped”
In a sense, the UK, under Conservative Prime Minister Cameron, is looking to adopt a quasi-employer of last resort (ELR) scheme in which the ELR wage is set equal to existing unemployment benefits (Note: the Conservative scheme involves compulsory labor for benefits).
Read the rest here.
Subscribe to:
Post Comments (Atom)
Tariffs and the return of Made in America!
Trump's tariffs look less and less like an instrument for negotiation, of whatever they would allow to negotiate (some stuff is simply l...
-
By Sergio Cesaratto (Guest Blogger) “The fact that individual countries no longer have their own currencies and central banks will put n...
-
There are Gold Bugs and there are Bitcoin Bugs. They all oppose fiat money (hate the Fed and other monetary authorities) and follow some s...
-
"Where is Everybody?" The blog will continue here for announcements, messages and links to more substantive pieces. But those will...
No comments:
Post a Comment