Thursday, June 16, 2011

Retire at 55


Jamie Galbraith says that the United States is short about 16 million jobs compared to what the economy would need to have. His solution is simple.  He suggests opening a three-year window allowing boomers to retire at 55 with full benefits to boost the economy. There is a short radio interview here.

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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...