Addressing Inflation and Job Security

This chapter examines the paradox of inflation decreasing during economic booms, challenging traditional economic beliefs and advocating for a job guarantee as a solution to deflationary pressures. It explores the historical decline in workers' bargaining power and the role of government intervention in stabilizing employment. The discussion also contrasts job guarantees with basic income approaches while emphasizing the need for a stronger public sector to enhance economic resilience and social stability.

Transcript

Play full episode

Remember Everything You Learn from Podcasts

Save insights instantly, chat with episodes, and build lasting knowledge - all powered by AI.