Thursday, January 12, 2012

John Henry — A Federally-Funded Jobs Program?


In the current debates surrounding various job guarantee programs (in association with the Chartalist or Modern Money perspectives), it might prove helpful to review some aspects of the Works Progress Administration (renamed in 1939 as Work Projects Administration).  While the WPA was not a “job guarantee” program, it nevertheless points to a number of issues that are under current discussion, including those of the nature of the projects undertaken, impact on the larger economy, concerns surrounding bureaucratic impediments, etc.
Read it at New Economic Perspectives
A Federally-Funded Jobs Program? Lessons from the WPA
By John Henry
(h/t Clonal)

1 comment:

Clonal said...

Also and extremely good 150 slide presentation is embedded in that article