An Employer of Last Resort Scheme which Resembles a Free Labour Market

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MUSGRAVE, Ralph S.;
(2017)

Abstract. The idea that government should act as employer of last resort (ELR) is an old one. That idea is often referred to nowadays as “job guarantee”. Many ELR schemes to date have been confined to the public sector. There is no good reason for that limitation: i.e. ... View more
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