danielpalos
Diamond Member
- Banned
- #3,761
yet, unemployment compensation simply for being unemployed on an at-will basis, will engender a positive multiplier effect to enable us to achieve gains from capital productivity.In this case, it is. It is correcting for Capitalism's natural rate of inefficiency, on an at-will basis. It is as market friendly as it gets, under any form of capitalism.it is about solving simple poverty to ensure full employment of capital resources and, a wealth of nations.All talk just to be clueless and Causeless?
I agree, when it comes to economics, you're clueless.
The Role of Unemployment as an Automatic Stabilizer During a Recession
And? Besides having zero to do with your "idea"?
"Solving poverty" isn't the same thing as using capital efficiently.
Handouts to unemployables will not improve efficiency or help GDP.
In this case, it is. It is correcting for Capitalism's natural rate of inefficiency
The fact that you think the natural rate is inefficiency and that any inefficiency can be reduced by government is amusing.
And no, handouts to unemployables are not market friendly.
only the right wing, prefers their social policies on a national basis.