Opening Word document…
They’re interchangeable.
Bill Mitchell 11, professor of economics at the University of Newcastle, 4/19/2011, "Austerity proponents should adopt a Job Guarantee," https://billmitchell.org/blog/?p=14208
The term employer of last resort (ELR) is interchangeable with the term buffer stock employment (BSE) and Job Guarantee (JG). The latter two descriptions of the approach to full employment are found in the work of Mitchell whereas the ELR terminology is used by Wray.
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