December 7 2020 | Modern Money Theory: Week5 | Back Next |
MMT advocates strongly emphasize value of employment to individual and society
Minsky, Mitchell, Wray, Kelton, Tcherneva
(Some) UBI advocates say UBI necessitated by impact of automation and artifical intelligence (AI) on jobs
Say jobs are ultimately irrelevant except as providing money for consumption spending
See displacement of jobs by automation as a Good and Inevitable Thing
Propose UBI as way to keep consumption spending going
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