Click here to read. Hyman Minsky is often cited as the originator of the job guarantee idea in America. The Levy Institute, which is largely oriented around preserving and promoting Minsky's legacy, published a collection of his writings on the topic in 2013. This post summarizes Minsky's views on the welfare state from that book. In short, he really dislikes the welfare state ("transfer payment mess" or "welfare mess" as he sometimes calls it) and hopes to replace it with a job guarantee. This includes putting more elderly people to work and taking kids out of school to put to work.
Hyman Minsky’s Views on the “Welfare Mess”
Hyman Minsky’s Views on the “Welfare Mess”
Hyman Minsky’s Views on the “Welfare Mess”
Click here to read. Hyman Minsky is often cited as the originator of the job guarantee idea in America. The Levy Institute, which is largely oriented around preserving and promoting Minsky's legacy, published a collection of his writings on the topic in 2013. This post summarizes Minsky's views on the welfare state from that book. In short, he really dislikes the welfare state ("transfer payment mess" or "welfare mess" as he sometimes calls it) and hopes to replace it with a job guarantee. This includes putting more elderly people to work and taking kids out of school to put to work.