Gaius Publius: We could solve unemployment immediately if we wanted to. Read 2 “sensible” proposals.

We don’t need to regulate prices with the pain of unemployment. There are other ways.

We wrote recently about economic systems that inflict pain, our prime example being classic “free market” economics (as it existed before FDR) and also neoliberalism (as it exists today, in post-FDR world). That piece is here:

“Neoliberalism, “just deserts” and the post–climate crisis economy“
A number of people, including Paul Krugman, have noted that we may well be entering a world, certainly in the U.S., where there may not be enough good jobs to go around, either because of technical innovation or because of job export by the already-wealthy, likely both. Does that mean that people should be consigned to their fate, to unemployment, simply to regulate prices and inflation?