#24 Ellis Winningham: Challenging Orthodoxy (part 2)
The MMT Podcast with Patricia Pino & Christian Reilly
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Rethinking Economics: MMT and the Job Guarantee
This chapter analyzes misconceptions in mainstream economics and advocates for a shift towards Modern Monetary Theory (MMT). It discusses the importance of government intervention, particularly through a job guarantee, to address employment stability and economic fluctuations. The conversation also distinguishes between Universal Basic Income (UBI) and Basic Income Guarantee (BIG), emphasizing tailored support for vulnerable populations.
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