Europe’s short-time working schemes might be thought of as a new form of “automatic” stabilizer. Not so much a jobs guarantee as a pay guarantee. They wind up and down depending on state of labour market.
@senoj_erialc
ftalphaville.ft.com/2020/10/07/160… https://t.co/BoWQj1Za1b
RT @BJMbraun: How to be an effective political economist: Laser focus on the neuralgic points of the state-market nexus, follow
RT @BJMbraun: How to be an effective political economist: Laser focus on the neuralgic points of the state-market nexus, follow the money,…