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Employer of Last Resort: Strategies for combating poverty

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  • L Randall Wray

Abstract

Randall Wray looks at how to solve the problem that market economies do not provide jobs for all who want to work. He argues that joblessness is usually concentrated among groups that suffer other disadvantages: racial and ethnic minorities, immigrants, younger and older individuals, women (especially female-headed households with children), people with disabilities, and those with lower educational attainment. He underlines the need to generate a broad public understanding of the responsibility of government to secure the right to employment. Development (2007) 50, 96–102. doi:10.1057/palgrave.development.1100365

Suggested Citation

  • L Randall Wray, 2007. "Employer of Last Resort: Strategies for combating poverty," Development, Palgrave Macmillan;Society for International Deveopment, vol. 50(2), pages 96-102, June.
    • Handle: RePEc:pal:develp:v:50:y:2007:i:2:p:96-102
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    Cited by:

    1. Ricetti, Luca & Russo, Alberto & Gallegati, Mauro, 2013. "Unemployment benefits and financial leverage in an agent based macroeconomic model," Economics - The Open-Access, Open-Assessment E-Journal (2007-2020), Kiel Institute for the World Economy (IfW Kiel), vol. 7, pages 1-44.

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