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#148 Pavlina Tcherneva: Why The Job Guarantee Is Core To Modern Monetary Theory

The MMT Podcast with Patricia Pino & Christian Reilly

CHAPTER

The MMT Project Contributes to the MMT Program

I think the primary problem is that the idea has not been there for such a long time. Once you do these programs, they're very popular and it would be good to do them on the grounds of legally enforced rights so that they're not taken away. The reason why we lost the new deal program is because a conservative budget director convinced FDR to not to reauthorize it. So you see the deficit myth once again kind of, you know, acted as a very important tool. I really don't find these to be insurmountable. We have small programs in Europe with big material effects. And I think that's what the MMT Project contributes.

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