Were I President, I would make Black's "Post Keynesian" Economics a core component of my economic vision. Making the government the employer of last resort, is the essential guarantee of full employment that injects the appropriate degree of socialist economics -- expanding public goods -- required to stabilize, or at least balance, the contending forces of capitalism that will always cause turbulence in the capitalist part of an economy --- the part where prices and incomes allocate the production, availability and consumption of scarce goods and services.
However Black is a numskull about politics. "Good economics is neither right nor left" -- a ridiculous statement considering the past election. Any progressive change in US national economic policy will be the result of a very large coalition of forces capable of overwhelming the emerging billionaire dictatorship, Minus that coalition these ideas are OK for the barroom but otherwise very weak. There are justice, health, equality, race, nationality, education war and peace issues. indeed emergencies, that all have their own dynamics all of which have diverse but measurable impacts on the implementation of economic policies.
The Democratic Party's "Centrist" Leaders Remain Clueless
William K Black
http://dollarsandsense.org/blog/2016/12/the-democratic-partys-centrist-leaders-remain-clueless.htmlBy William K. Black
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