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• Policy Notes April 21, 2025

  Remembering Pope Francis’s Call for a Universal Basic Wage

  Pavlina R. Tcherneva
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  On April 21, 2025, a day after Easter Sunday, the world mourned the passing of His Holiness Pope Francis. Five years earlier, on Easter Sunday, April 12, 2020—amid the devastating COVID-19 pandemic—he issued a powerful plea for economic justice, urging leaders to address the deepening crisis of insecurity faced by workers. His call for a universal […]

• Public Policy Brief No. 158 March 04, 2025

  That “Vision Thing”: Formulating a Winning Policy Agenda

  Pavlina R. Tcherneva, and L. Randall Wray
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  For a PDF version of this Public Policy Brief, please click here. There are many ways to lose a presidential election, and pundits have come up with a long list: President Biden hung on too long; voters still weren’t ready for a female of color—too many are racist and sexist; too many leftists supported third […]

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• Working Paper No. 1066 December 06, 2024

  Job Guarantee Program and the Kaleckian Dilemma

  Caio Vilella, and Eduardo F. Bastian
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  Originally issued as EDI Working Paper No. 10, November 2023 Minsky (1965) has presented the Job Guarantee program as a recommendation in the war against unemployment and poverty. Kalecki (1943), on the other hand, argued that the full employment situation could be technically feasible but politically hard to implement due to the class struggle, resulting […]

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