INDEX1 A B Acculturation, 169, 172, 180, 181 Bangladesh, 120 Accumulation, 33, 34, 42, 49, 65, 67, BIA, see Bureau of Indian Affairs (BIA) 68, 144, 155, 206, 217, 230, Boulding, Kenneth, 65, 68, 70, 72, 235n20, 248 77n2, 79n14, 90, 143, 145–147 Africa, 13, 17, 20–22, 27, 125, 128 Bourgeoisie, 102 Agriculture, 4, 6, 11–13, 15, 17–20, 22, Buckaroo program, 162–165 27, 38, 51, 53, 55n6, 86, 96, 101, Buddhist, 152, 154 109, 110, 112, 113, 115, 117, Bureau of Indian Affairs (BIA), 170, 121, 123, 124, 128, 134, 212, 227 181 Amazon, 86 American Indian, 169–177, 180–190, 191n1, 191n11, 192n14, 192n17 C Anarchism, 153 Canada, 56n10, 86 Argentina, 2, 5, 56n10, 119, 121, Capital, 6, 13, 26, 28, 33, 34, 36–38, 136, 217, 219, 223, 224, 40, 42, 47, 48, 52, 53, 56n10, 226–228, 235n11, 235n12, 246 56n11, 57n13, 57n14, 57n17, Asia, 13, 22 58n18, 58n20, 58n21, 65, 72, Asimakopulos, Athanasios, 45 79n14, 86, 89, 93, 94, 97, 99, Assimilation, 169, 172, 180–182, 190 101, 121, 123–125, 133, 141, Australia, 2, 148 142, 144, 146, 153, 155, 173, 1 Note: Page numbers followed by “n” refer to notes © The Author(s) 2018 255 M.J. Murray, M. Forstater (eds.), Full Employment and Social Justice, Binzagr Institute for Sustainable Prosperity, DOI 10.1007/978-3-319-66376-0 256 INDEX 177, 182, 184–187, 189, 207, 169–172, 175–177, 183–185, 209, 211, 213, 215–218, 223, 187, 188, 190, 201, 231, 224, 227, 234n5, 235n20, 241, 239–252 244, 245, 248, 249 Conservation, 4, 110, 111, 113, 119, Capital goods, 142, 218, 241 122–126, 131, 132, 135 Capitalism, 5, 26, 30, 38, 52–54, Consumption, 1, 4–6, 19, 30, 32–34, 56n10, 63, 65, 77n1, 95, 102, 39, 40, 42, 45, 46, 48, 51, 55n7, 143, 149, 151, 153, 155, 166 57n16, 57n18, 58n19, 58n22, Capitalist, 13, 20, 26, 29, 45, 53, 64, 59n27, 64–66, 68, 70, 72, 76, 66–68, 75, 76, 87, 89, 91, 92, 77n1, 77n2, 79n13, 79n14, 84, 95, 100, 102, 105n9, 139, 149, 88, 91–93, 96, 98, 102, 103, 150, 154, 166, 170–172, 180, 116, 122, 146, 149, 150, 198, 186, 187, 190, 191, 213, 227, 218, 223, 228 240, 241, 248 Costanza, Robert, 140, 142 Carbon, 5, 84–87, 92, 96, 103, 126, Craft Economy, 30–34, 40, 144, 148 46, 48 Caucus of Black Economists, Creative destruction, 4, 11, 51 200, 201 Crisis, 12, 54n3, 64, 66, 68, 84, 100, CCC, see Civilian Conservation Corp 104, 109–111, 113, 114, (CCC) 117–119, 121, 122, 124, 134, Center for Full Employment and Price 135, 147, 160, 161, 165, 169, Stability (C-FEPS), 162 170, 221, 226–228, 230, 233, Central bank, 84 235n15 C-FEPS, see Center for Full Culture, 13, 27, 29, 89, 102, 148, Employment and Price Stability 169, 170, 182, 183, 185, 189, (C-FEPS) 245, 248 Chartalism, 159, 161, 162, 165 Currency, 127, 159–166, 207, 213, Cheyenne River Sioux Tribe, 174, 219–222, 224, 225, 228 176, 178 China, 4, 5, 14, 87, 148 Christianity, 182 D Civilian Conservation Corp (CCC), Daly, Herman, 79n15, 90, 92, 103, 187, 197, 201 142, 144–146, 149, 150 Class conflict, 7, 95, 141, 149, 213 Daoism, 151, 153 Climate change, 4, 84, 85, 97 Dawes Act, 181 Complementary currencies, 159–167 Debt, 83, 84, 88, 159, 160 Commodities, 5, 66, 71, 211, 212, Decentralization, 129 234n4 Default risk, 160 Community/communities, 1, 3–7, 25, Deficit, 124, 160, 163, 164, 214, 215, 54n3, 76, 77n1, 78n11, 86, 98, 218, 233 110–113, 118–122, 124–129, Degradation, 85, 110, 111, 134, 135, 131–135, 159–163, 165, 166, 142, 148 INDEX 257 Degrowth, 63, 71, 73–76, 76–77n1, 92 Ecosystem, 68, 85–87, 90, 105n9, Depreciation, 73, 221, 222, 228 145, 148, 152, 153 Depression, 6, 68, 70, 99, 223 Ecuador, 87 Deregulation, 85 Education, 1, 4, 6, 18, 19, 28, 55n9, Devaluation, 219, 221, 222, 224, 225, 93, 98, 100, 101, 103, 122, 125, 232 171, 172, 174, 177, 181, 182, Development, 4–6, 12–15, 19, 20, 22, 190, 197, 199, 249 24, 26, 28, 51–53, 54n4, 55n9, Educational, 97, 174, 177, 180 77n1, 79n15, 86, 96, 103, 111, Effective demand, 45, 59n25, 63–65, 112, 116, 118–123, 125–127, 68, 69, 76, 141, 143, 207–209, 129, 134–136, 139, 146, 147, 222, 223, 243 151, 155, 166, 170, 172–174, Egalitarian, 250 176, 177, 180, 181, 183–191, Employer of last resort (ELR), 2, 69, 200, 210–212, 214, 218, 227, 78n8, 99–104 230, 236n22, 244, 245, 247, Employment, 2–5, 15, 17, 18, 21, 249, 251 28–30, 32, 33, 37, 39–47, 50, Dewey, John, 97, 174, 178 59n25, 59n26, 63–76, 78n8, Diminishing returns, 17, 30, 37, 39, 78n9, 78n12, 79n19, 83, 94, 96, 40, 42, 50, 94, 216, 227 97, 99–102, 110, 111, 114, Distribution, 31, 45, 51, 77n5, 93, 117–124, 126, 133–135, 160, 115, 141, 142, 206–208, 212, 161, 165, 166, 172, 187–190, 213, 215–219, 221, 225, 232, 197–201, 207, 217, 223, 224, 233, 239–241, 250–252 226, 227, 229, 231, 233, 239, Domar, Evsey, 47–49, 64–66, 100, 241, 243–248, 250, 252 142, 143 Employment guarantee, 4, 199, 201, 226 EMU, see European Monetary Union E (EMU) Earth, 85–87, 90, 104n2, 147, 149, Energy, 18, 20, 24, 38, 55n7, 86, 87, 174, 175, 188–190, 191n5, 93, 96, 98, 100, 101, 105n2, 191n9 105n9, 136n2, 142, 144–148, 186 Ecological, 2, 4–7, 63, 64, 66, 68, 73, England, 16, 208, 218 76, 77n1, 77n4, 78n6, 84, 88, Environment, 1, 28, 63, 67, 69, 73, 92, 95, 102, 104n2, 111, 118, 85, 89, 90, 93–97, 102, 118, 139–145, 152, 153, 155 119, 125, 133, 135, 139–145, Economic Bill of Rights, 196, 197, 148, 153, 171, 176, 186, 211 200, 201 Environmental degradation, 84, 85, Economic growth, 4, 22, 28, 63, 92, 103, 139, 141 68–70, 73, 76n1, 79n18, 79n19, Environmental limits, 63, 67, 68, 72, 83, 84, 89, 91, 102, 103, 111, 77n1 118, 125, 151, 152, 155, 206, Environmental Protection Agency 215, 216, 218, 222, 223, 241 (EPA), 149, 150 258 INDEX Europe, 2, 16, 21, 28, 84, 160, 161 Georgia, 87 European Colonialism, 13 Gibson’s Paradox, 30 European Monetary Union (EMU), Global, 4, 5, 20, 54n4, 83, 86, 91, 160 100, 101, 104n2, 118, 126, 170, Exchange rate, 160, 163, 165, 213, 206, 209–212, 214, 215, 221, 217–220, 222–226, 232, 233, 223, 224, 232, 233, 234n4, 234n5, 235n14 235n15 Globalization, 21, 26, 27, 53, 54n1 Global warming, 101 F Government, 3, 4, 12, 13, 22, 23, 25, Fiat, 162 26, 45, 50, 53, 55n9, 65, 68, 69, Finance, 3, 6, 49, 59n23, 89, 132, 78n7, 83, 84, 88, 99–101, 133, 135, 161, 173, 184, 187, 109–111, 113, 114, 116, 117, 198, 214, 222 119–121, 123–130, 132–135, Financial, 6, 30, 50, 88, 89, 94, 136n2, 150, 153, 160–165, 167, 97, 100, 101, 104, 118, 125, 169, 170, 172, 173, 177, 129, 133, 160, 170, 177, 186, 181–188, 191, 197, 198, 200, 235n14 201, 210, 248 Firms, 29, 33, 34, 37, 39, 40, 48–50, Great Depression, 2, 54n3, 161, 188, 52, 57n13, 57n18, 58n19, 130, 195, 196, 217 132, 133, 216, 217, 226–232, Gross domestic product (GDP), 25, 235n18, 244 26, 71, 78n12, 79n18, 94, 116, Fiscal policy, 69 121, 123, 132, 135, 142, 144 Floating exchange, 163 Gross national product (GNP), 26 Forstater, Mathew, 7n1, 70, 100, 118, Growth, 5, 6, 11, 14, 20, 22, 26, 28, 141, 159, 161, 166, 170, 171, 34, 37, 38, 47–50, 54n1, 54n3, 247, 248 57n17, 58n19, 59n24, 60n30, Fracking, 86 65, 67–70, 73, 74, 76, 76n1, Full employment, 1, 3, 5, 7, 13, 29, 77n5, 79n13, 79n17, 79n18, 34, 37–39, 42, 46, 49, 64, 65, 84–87, 90, 92, 100, 102, 103, 69, 70, 72–74, 76, 78n8, 79n19, 109, 113–115, 123, 124, 127, 84, 96, 100, 117, 142, 154, 164, 134, 142–147, 149, 150, 165, 172, 187, 189, 197–201, 152–155, 171, 175, 206, 207, 208, 240 210, 212, 213, 215–218, Functional finance, 159, 161, 162 220–222, 225, 232, 233, 235n12, 249 G General Allotment Act of 1887 H (Dawes Act), 181 Happiness, 90, 91, 101, 103, 150–152 General Theory, 100 Harrod, Roy, 47–49, 100 Georgescu-Roegen, Nicholas, 90 Heilbroner, Robert, 150 INDEX 259 Heterodox, 88, 100, 144, 208 Institutional Economics, 139 Hicks, J., 11, 56n11, 59n25 Institutions, 1, 6, 7, 11, 23, 53, 56n9, Hicks, J. R., 43, 208 93, 99, 125, 126, 129, 132, 133, Households, 2, 24, 29, 33, 46, 53, 135, 166, 183, 185, 200, 215, 227, 55n7, 57n18, 59n27, 77n2, 119, 234n8, 240–243, 245–248, 252 121–123, 130–132, 164–166, Intergovernmental Panel on Climate 202, 206, 212, 230, 231, 236n22 Change, 84 Humanity, 6, 85, 86, 88, 90, 95, 100, International Labour Organization 104n2, 154 (ILO), 118, 132 International Monetary Fund (IMF), 89 Investment, 4, 6, 15, 19, 23, 28, 29, 32, I 34, 36, 38–42, 45–51, 53, 57n17, ILO, see International Labour 58n18, 58n19, 58n22, 60n31, Organization (ILO) 64–66, 68, 69, 72, 78n7, 88, 93, IMF, see International Monetary Fund 94, 96, 97, 99, 109, 111, 117, (IMF) 118, 123, 124, 133, 134, 142, Incentives, 16, 28, 51, 95, 103, 220 149, 150, 173, 184, 188, 206, Income distribution, 59n24, 117, 214, 218, 220, 224–227, 231, 244 205–210, 212–215, 217, 219, IRA, see Indian Reorganization Act 220, 222, 223, 226, 232, 233, (IRA) 235n14, 236n23 Iran, 87, 109, 110, 112–117, 119, India, 4, 13, 17, 22, 110, 119, 120, 124–136 122, 130, 136, 231 Iraq, 87 Indian, 2, 123, 169, 170, 172–177, Irrigation, 16, 97, 112, 113, 116, 179–190, 191n1, 191n3, 191n4, 117, 119–124, 135 191n10, 192n17 Italy, 160, 164 Indian Reorganization Act (IRA), 177, 180, 184 Industrial Revolution, 218 J Inegalitarian, 239, 241, 242, 251, 252 Jefes de Hogar (Jefes), 2, 5, 119, 121, Inequality, 6, 7, 63, 66, 77n1, 86, 228, 246, 247 122, 124, 133, 139, 152, 191, Job creation, 69, 99, 100, 152, 159, 199, 244, 250 160, 172, 173, 187, 197, 210, Inflation, 53, 74, 124, 130, 131, 187, 243, 244 213, 220, 224, 234n5 Job guarantee, 2–6, 7n1, 63, 160, Information economy, 54 166, 167, 195, 198–202, 239 Infrastructure, 22, 33, 55n9, 93, 97, 101, 109, 117–119, 124, 126, 134, 185, 218, 231 K Innovation(s), 3, 11, 15, 18, 19, 21, Kaboub, Fadhel, 164 26, 30, 40, 43, 50, 94, 144, 149, Kalecki, Michal, 59n25, 78n7, 208, 150, 155, 211, 234n3