Publications

Public Policy Brief No. 108 | February 2010

Why President Obama Should Care About “Care”: An Effective and Equitable Investment Strategy for Job Creation

In his State of the Union address President Obama acknowledged that “our most urgent task is job creation”—that a move toward full employment will lay the foundation for long-term economic growth and ensure that the federal government creates the necessary conditions for businesses to expand and hire more workers. According to a new study by Levy scholars Rania Antonopoulos, Kijong Kim, Thomas Masterson, and Ajit Zacharias, the government needs to identify and invest in projects that have the potential for massive, and immediate, public job creation. They conclude that social sector investment, such as early childhood education and home-based care, would generate twice as many jobs as infrastructure spending and nearly 1.5 times the number created by investment in green energy, while catering to the most vulnerable segments of the workforce.

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Publication Highlight

Working Paper No. 821
Outside Money
The Advantages of Owning the Magic Porridge Pot
Author(s): L. Randall Wray
December 2014

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