Bitcoin Magazine's Independence Day: The Austrian Economics Response On A Government Jobs Guarantee

3 years ago
11

The "How To Build A Sound Economy" discussion from Bitcoin Magazine's Bitcoin Independence Day live stream featured renowned Modern Monetary Theory (MMT) advocate L. Randall Wray and Austrian Economist Bob Murphy debating the merits of their two schools of thought and how best to build a sound economy.

In this clip, Murphy shares his opposition to a government jobs guarantee in contrast to sound money created in a free market to mitigate the root causes of unemployment and wage concerns.

Participants:
Professor L Randall Wray (http://www.levyinstitute.org/scholars/l-randall-wray)
Bob Murphy (@BobMurphyEcon)

Moderator:
Jeff Vandroux (@vandrewattycpa)

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