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)
Surplus approach, Historical Materialism, and precapitalist economies:
New Paper by Sergio Cesaratto on a topic closely related to what he has discussed here before. From the abstract: In the classical economis...
-
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...
-
By Sergio Cesaratto (Guest Blogger) “The fact that individual countries no longer have their own currencies and central banks will put n...
-
"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