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Pavlina R Tcherneva

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The Case for a Job Guarantee Paperback – July 7, 2020

by Pavlina R. Tcherneva (Author)

4.7 141 ratings

Part of: The Case For (9 books)

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One of the most enduring ideas in economics is that unemployment is both unavoidable and necessary for the smooth functioning of the economy. This assumption has provided cover for the devastating social and economic costs of job insecurity. It is also false.

In this book, leading expert Pavlina R. Tcherneva challenges us to imagine a world where the phantom of unemployment is banished and anyone who seeks decent, living-wage work can find it - guaranteed. This is the aim of the Job Guarantee proposal: to provide a voluntary employment opportunity in public service to anyone who needs it. Tcherneva enumerates the many advantages of the Job Guarantee over the status quo and proposes a blueprint for its implementation within the wider context of the need for a Green New Deal.

This compact primer is the ultimate guide to the benefits of one of the most transformative public policies being discussed today. It is essential reading for all citizens and activists who are passionate about social justice and building a fairer economy.

Review

"The Job Guarantee is the next big, common-sense idea for economic reform. Over years of dedicated work, Pavlina Tcherneva has developed and advanced the plan, and today it stands poised to complement the Green New Deal and Medicare for All as a fundamental pillar of the progressive agenda. Read about it here... and go out to help make it happen."
―James K. Galbraith, The University of Texas at Austin

"More than any other piece of public policy, the Job Guarantee can help us build a more equitable economy and just society. Pavlina Tcherneva has written the perfect primer for anyone interested in understanding why and how the Job Guarantee can do so much good."
―Ady Barkan, Activist and organizer and author of Eyes to the Wind

"Pavlina Tcherneva offers an eloquent and convincing argument for a public sector job guarantee as an economic shock absorber. Particularly valuable is her demonstration of how such a program can revitalise local communities. Beyond this, her book is an indispensable primer for advocates of a Green New Deal."
―Robert Skidelsky

"Tcherneva lays out the case for how we can raise the roof by lifting the floor, as we transition away from a failed and cruel economy based on an assumed percentage of unemployment. She demonstrates how a jobs guarantee can help address some of our biggest challenges, including bridging the gap to a Green New Deal and the critical conversion from a fossil-fuel economy to a sustainable future. Through her book we can see a world where everyone who wants to claim the dignity of work as their own has that right."
―Sara Nelson, International President, Association of Flight Attendants-CWA, AFL-CIO

About the Author

Pavlina R. Tcherneva is Professor at Bard College and Research Associate at the Levy Economics Institute.

Part of series

The Case For
Print length

140 pages
Language

English
Publisher

Polity
Publication date

July 7, 2020
Dimensions

4.8 x 0.6 x 7.4 inches
ISBN-10

1509542108
ISBN-13

978-1509542109
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Publisher ‏ : ‎ Polity; 1st edition (July 7, 2020)
Language ‏ : ‎ English
Paperback ‏ : ‎ 140 pages
ISBN-10 ‏ : ‎ 1509542108
ISBN-13 ‏ : ‎ 978-1509542109
Item Weight ‏ : ‎ 5.6 ounces
Dimensions ‏ : ‎ 4.8 x 0.6 x 7.4 inches

Best Sellers Rank: #382,921 in Books (See Top 100 in Books)
- #11 in Unemployment
- #232 in Economic Policy
- #284 in Economic Policy & Development (Books)

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4.7 141 ratings

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Pavlina R Tcherneva

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Pavlina R. Tcherneva is a U.S. economist, specializing in Modern Monetary Theory and public policy. Her book The Case for a Job Guarantee is one of The Financial Times best economics books in 2020. It is the ultimate guide to the benefits of one of the most transformative public policies being discussed today around the globe. She has worked with policy makers from the US and abroad on designing and evaluating employment programs and frequently speaks at Central Banks on Modern Monetary Theory and macro-economic stabilization policies. Tcherneva’s first book Full Employment and Price Stability (2004) is a rare collection of writings on employment and inflation by Nobel Prize winning economist William Vickrey, adapted for the modern day.

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John Furlan

One of the most important books you can read right now

Reviewed in the United States on July 5, 2020

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I never write reviews, I am doing so in this case because this book is so important. The U.S. has lost 16.6 million jobs since February. The official U-6 unemployment rate is 18.0%. If ever there was a need for a job guarantee, JG, it's now. During the Covid-19 Crisis, millions of precariat workers have been been forced to choose between their health and their jobs, an agonizing dilemma for them, their families, co-workers and communities. A JG will give them much more power and control to make that choice. It would provide them with a living wage and benefits, including health care. It would be run locally doing socially useful work. It will keep the newly unemployed from becoming unemployable. It will especially benefit those who need good jobs the most, including people of color. The book is extremely well written, it covers all the issues, including the costs,, based on research by the author and her co-thinkers over many years. It is very short, and extremely affordable, especially the Kindle edition. If you buy it and like it, I suggest you buy two more copies for for your local Congress person and Mayor, Congress needs to pass a JG ASAP, hopefully no later than Jan 2021. JG is not a panacea, lots more needs to be done, but it's a great start. It's the right thing to do, both economically and morally.

10 people found this helpful

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reviewer 123456789

Excellent and Timely Introduction to the Job Guarantee

Reviewed in the United States on July 16, 2020

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I've been reading materials on the job guarantee for sixteen years now, and I have followed Professor Tcherneva's scholarship over the past decade. This book is the culmination of many of the papers she has written over this time. It is an excellent introduction to the economics behind the desirability of a job guarantee, so it is a perfect book for people who have little or no understanding of the topic. Those who have been reading about the job guarantee probably don't need a nudge for them to read this book. Also, this book is written for those who have no or little training in economics. Nevertheless, those who have some training in economics and professional economists can get a great start on the topic by reading this book. Professor Tcherneva cites most of the important work that has been done in the field since Philip Harvey published Securing the Right to Employment. Finally, Professor Tcherneva clearly discusses why a job guarantee will be an essential component to a technological ecological transformation (Green New Deal). I was looking forward to this book, and it was an informative read.

3 people found this helpful

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Victor Spoils

Yes!

Reviewed in the United States on December 29, 2021

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Succinct and easy reading. Great points from one of the premier advocates of a Fed job guarantee program. We CAN afford to have nice things. It's called MMT, being the sovereign currency issuer. The Fed govt doesn't borrow money, it spends it into existence. Don't be fooled by the old "how can we pay for it?" rhetoric. Notice how they never ask that when it comes to the military? And we never go broke or have Weimar inflation. MMT is how money works in the U.S.A.

Reviewed in the United States on July 8, 2020

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For decades, our government has intentionally kept millions of people unemployed. The publicly stated reason is to control inflation, although evidence and recent admissions by central bankers show the hollowness of that justification. An unstated reason is to suppress wages. As long as there is an army of people desperate for work, employed workers won't complain too much about their jobs or compensation.
There is a better way, as Tcherneva outlines in her book. Her proposal for a federal job guarantee, if enacted, would benefit practically everyone. It would largely eliminate all of the socioeconomic pathologies associated with long-term unemployment - by eliminating long-term unemployment. Workers would enjoy better working conditions and benefits. Employers would have happier and more productive employees. Businesses would have a larger and more prosperous customer base. Recessions would be less likely, less severe and much shorter. Read this book!

2 people found this helpful

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Zack

Minor critiques of a great book

Reviewed in the United States on January 23, 2021

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I totally agree with the conclusions that a job guarantee is economically and morally critical. Great book overall. I wish the author had spoken more about MMT - just saying "we can pay for it because MMT" I suspect isn't terribly convincing to most, true or not. It was also a bit repetitive, I would prefer more aggressive editing, although the book overall was pleasantly short.

Also, the kindle sample doesn't even let you read the preface or any of the chapters. That needs fixed.

Reviewed in the United States on July 13, 2020

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This is a blistering analysis and takedown of orthodox economics in general and of the American employment system specifically. Dr. Tcherneva leaves no stone unturned exposing the ridiculous myths that surround UNEMPLOYMENT and why American policymakers continue to choose that over a federal job guarantee for those who want to work but can't find work (older Americans, the long-term unemployed, formerly incarcerated, AA and other people of color, LGBT, people with disabilities, first nations, etc.). The only thing I think she underestimates is the number of people with advanced degrees who are unable to secure meaningful employment in their fields of specialty. This book is well written. Straight forward and easy to read in just a few hours.

5 people found this helpful

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Steven D. Grumbine

*MUST READ* Pavlina Tcherneva is the Job Guarantee Whisperer

Reviewed in the United States on June 13, 2020

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Rarely is such an important subject carried out into words so eloquently and easily understood fashion. Pavlina presents the current scenario we find ourselves in and take us through history and builds a strong case for the Job Guarantee.

There is no greater hedge against destitution for a society living in a monetary economy than a Job Guarantee and progressives must dig in, roll up their sleeves and read this amazing book. Once they consume it. Understand it... They will be empowered to make meaningful change.

Well done Dr Tcherneva. You are amazing and this book is a masterpiece.

9 people found this helpful

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Jorge Maldonado

Job Guarantee as an economic justice and stabilization tool

Reviewed in the United States on December 24, 2020

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This is what the global economy needed in these times of climate and economic catastrophe we need a solution that resolves this twin problems. The job Guarantee is that solution it provides full employment and provide the necessary labor to enact those projects that are needed to prevent more needless deaths and suffering from the effects of climate change.

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Jonathan Brun

Job guarentee is better than any other poverty alleviation policy

Reviewed in Canada on November 2, 2020

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As an advocate for basic income it was a pleasure to read this. In many ways a job guarantee is superior to a basic income. This short book outlines the key message that we can create a job guarentee to fight climate change and eradicate poverty. If you believe there is lots of work to be done and that government should take a more active role in transforming society, then this book is for you.

Yeshwant

A lot to think on.

Reviewed in India on May 20, 2021

Verified Purchase

Précise, Concise and highly informative. This book is for any one who is wondering about the job guarantee and wants to delve into how to make it a reality.

Mr Peter E Donaldson

Guaranteeing a job to all who want one would be great for people, the economy & the environment

Reviewed in the United Kingdom on June 30, 2020

Verified Purchase

The Case for a Job Guarantee, written by leading economist Pavlina R Tcherneva, is one of the most uplifting books I have read in many years because it shows that unemployment and all the ills for individuals and societies that come with it are easily avoidable. It is also short, readable and blessedly free of jargon.

The author explains very clearly and succinctly how the US Government – and any other government that issues its own currency – can eliminate unemployment, stabilise the economy and get a green new deal moving at the same time. Tcherneva is a proponent of Modern Monetary Theory (MMT), which argues that what such governments can “afford” is limited not by money but by the real resources available to be bought with the money they create.

Current economic policy explicitly uses unemployment as a tool to control inflation based on the dubious idea that there is a sweet spot, a magic percentage of people out of work, that keeps wages down and prices stable. Tcherneva shows that this sweet spot is fictional, and she presents the Job Guarantee (JG) as an alternative that offers jobs with decent pay, conditions and benefits to everyone who wants one. In effect, it is a buffer stock policy for labour, but one that pays people to do something useful and rewarding rather than to do nothing or to jump through exhausting bureaucratic hoops to prove that they actively looking for work.

Because it would pay the living wage, $15 per hour in the US for example, which would be reviewed every few years instead of being index linked, she argues, the JG would put a firm floor under workers’ earnings without adding long-term inflationary pressure. It would also act as an economic stabiliser because the number of people employed in the scheme would rise when the the private sector sheds jobs and fall when firms start hiring again.

While the national government (the currency issuer) would provide funding, local governments and voluntary organisations would be best able to decide what jobs need doing in their areas, Tcherneva writes, with a strong emphasis on caring for people and the environment. This where the JG would dovetail with a green new deal, drawing on experience of successful schemes from history such as the Civilian Conservation Corps created by President Franklin D. Roosevelt in 1933, and more recent initiatives from around the world.

The only thing I feel is missing from the book is a discussion of an Unconditional Basic Income (UBI) and how it might complement or conflict with the JG, as there is an ongoing debate between proponents of the two big ideas.

However, everyone should read this book. The JG, integrated with a green new deal, is the single most important policy governments can implement to improve the human condition.

2 people found this helpful

AARON D BROOKE

It's a must read

Reviewed in Australia on July 31, 2020

Verified Purchase

It's a must read

Amazon カスタマー

Very nice book.

Reviewed in Japan on July 18, 2020

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Good for newcomer.

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