3 ms·
I do not disagree with the thrust of your post, but I do have a bone to pick with your point 2. The argument for a make-work program is not based on any theory
by greggyb 12y ago
I do not disagree with the thrust of your post, but I do have a bone to pick with your point 2.
The argument for a make-work program is not based on any theory of the value of labor. It is based on vulgar Keynesianism and predicated on the multiplier effect of spending.
I agree with you that a make-work program is at best, and generously interpreted as a naive idea.