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A universal basic income is inferior to a job guarantee: http://www.economonitor.com/lrwray/2013/07/09/how-big-is-big-enough-would-the-basic-income-guarantee-s

by dools 10y ago

A universal basic income is inferior to a job guarantee: http://www.economonitor.com/lrwray/2013/07/09/how-big-is-big-enough-would-the-basic-income-guarantee-satisfy-the-unemployed/ http://www.economonitor.com/lrwray/2013/07/09/how-big-is-big... http://neweconomicperspectives.org/2014/01/16-reasons-matt-yglesias-wrong-job-guarantee-vs-basic-income.html http://neweconomicperspectives.org/2014/01/16-reasons-matt-y... https://www.reddit.com/r/BasicIncome/comments/3ne2iu/randall_wray_mmt_economist_against_basic_income/ https://www.reddit.com/r/BasicIncome/comments/3ne2iu/randall...? http://bilbo.economicoutlook.net/blog/?p=13025 http://bilbo.economicoutlook.net/blog/?p=13025

deleted 10y ago
[deleted]
amai 10y ago
A job guarantee like they had it in the the former https://en.wikipedia.org/wiki/Eastern_Bloc https://en.wikipedia.org/wiki/Eastern_Bloc ?
- dools 10y ago
  No, that was under a communist dictatorship. That was 100% government employment to the exclusion of the private purpose. It was a centrally planned economy where the government determined what everyone should do at all times. A Job Guarantee, on the other hand (which I'll explain because you obviously didn't look at any of the links I posted in my initial comment, but rather went off your pre-existing opinions) is a guarantee by the government that if the private sector will not or can not employ someone, they will be given a good job by the government. I won't bother providing additional links, you're obviously only interested in dealing with straw men.