The euro crisis and the job guarantee: A proposal for Ireland

• Main Author: Wray, L. Randall
• Format: Report
• Language: English
• Published: Annandale-on-Hudson, NY: Levy Economics Institute of Bard College 2012
• Subjects: ddc:330; E12; E32; E34; E62; E65; G01; G15; H62; H63; Euro crisis; financial crisis in Ireland; employer of last resort; job guarantee; bank bailout; Irish debt crisis; government debt crisis; Minsky; Argentina; Lent; Iceland
• Online Access: http://hdl.handle.net/10419/57017

Euroland is in a crisis that is slowly but surely spreading from one periphery country to another; it will eventually reach the center. The blame is mostly heaped upon supposedly profligate consumption by Mediterraneans. But that surely cannot apply to Ireland and Iceland. In both cases, these natio...