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The Job Guarantee is Core MMT with Ellis Winningham
Episode 181st June 2019 • Macro N Cheese • Steve D Grumbine MS, MBA, PMP, PSM1, ITIL
00:00:00 01:03:32

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Back by popular demand! Ellis Winningham, MMT guru and educator with acerbic wit and acute intellect, joins Steve to dissect the federal job guarantee. Together they set the record straight on the myths and realities of the UBI then go on to explain how and why the federal job guarantee is more than mere policy. It is both a price anchor and economic stabilizer, making it an intrinsic component at the core of Modern Monetary Theory.
Confused about NAIRU versus NAIBER? Don’t know the difference between a pool of unemployed labor and a buffer stock of the employed? Press “play.”