Episode 10: The Job Guarantee with Pavlina Tcherneva

Pavlina R. Tcherneva, Ph.D., is Associate Professor and Chair at the Department of Economics at Bard College. She is also a Research Associate at the Levy Economics Institute, and a Senior Research Scholar the Center for Full Employment and Price Stability. In this episode, Adam and Pavlina discuss the ins and outs of the job guarantee proposal.

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Pocket Change is focused on a school of economics known as Modern Monetary Theory, or MMT. MMT describes modern economies in which the national currency is fiat money that’s issued by a sovereign government. The show explains the basics of MMT and examines current events through an MMT lens.