A Job Guarantee or the Universal Basic Income? | Interview with Economist Stephanie Kelton
In the second part of our interview with Stephanie Kelton, Professor of Public Policy & Economics, author and economic advisor to Bernie Sanders’ presidential campaign in 2016, we talk about how a Job Guarantee (JG) compares with the Universal Basic Income (UBI).To view the first part of this interview which focused on Modern Monetary Theory (MMT), click here.
VIDEO: A Job Guarantee or the Universal Basic Income?
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ABOUT STEPHANIE KELTON
Stephanie Kelton, Ph.D. is Professor of Public Policy & Economics at the Stony Brook University. She served as Chief Economist on the U.S. Senate Budget Committee (democratic staff) in 2015 and then became an Economic Advisor to the Bernie 2016 presidential campaign. She was the Founder and Editor-in-Chief of the top-ranked blog New Economic Perspectives and a member of the TopWonks network of the nation’s best thinkers. In 2016, POLITICO recognized her as one of the 50 people across the country who is most influencing the political debate.
Her book, The State, The Market and The Euro (2001) predicted the debt crisis in the Eurozone, and her subsequent work correctly predicted that: (1) Quantitative Easing (QE) wouldn’t lead to high inflation; (2) government deficits wouldn’t cause a spike in U.S. interest rates; (3) the S&P downgrade wouldn’t cause investors to flee Treasuries; (4) the U.S. would not experience a European-style debt crisis.
She is a regular commentator on national radio and broadcast television.