Re: What is Full Employment?

[Warren Mosler <mosler@xxxxxxxxxxxxxx>]

I'd offer a public service job to anyone willing and
able to work and then manage policy by, among other
things, counting bodies in the elr 'pool,' measuring
other outputs, etc.- the normal stuff- and forget
about the word 'unemployment' the way I don't use the
word 'money.'

warren
--- "Henry C.K. Liu" <hliu@xxxxxxxxxxxxxx> wrote:
>
>
> Warren Mosler wrote:
> >
> >>You cannot be half Keynesian any more than half
> >>pragnant. Go all the way
> >>with full employment
> >
> >
> > Of course that implies you can get anyone to agree
> on
> > the definition of full employment.
>
> It would be useful to have an agreed and precise
> definition of full
> employment.  Care to start the first volley, Warren,
> Paul?
>
>
> Henry C.K. Liu
>
>
>
>


=====
Warren Mosler, www.mosler.org
c/o James River Capital Corp
5007 Chandler's Wharf, Suite 201/202
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Primary email contact:  mosler@xxxxxxxxxxxxxx

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