Our projects are designed to empower policy makers to create positive change. With a focus on collaboration and outreach, we provide original, standards-based research on key policy issues.
SCEPA joined with the Economic Policy Institute on Capitol Hill to brief congressional staff and policy experts on tax expenditures, or incentives given through the tax code without scrutiny by Congress.
SCEPA economists are working on the prospects for a more progressive economic order to emerge from the shock of the recession. They have published papers and documents that place current events in a longer-term context as well as policy proposals to deal with short-term concerns. They are also documenting the emerging discussion of how the discipline of economics is reacting to the Great Recession and the questioning of conventional economic analysis.
Lance Taylor, a SCEPA Faculty Fellow, presents an overview of his new book, Maynard’s Revenge, in a Google Tech Talk.
The book, published this November by Harvard University Press, is a timely analysis of mainstream macroeconomics, posing the need for a more useful and realistic economic analysis that can provide a better understanding of the ongoing global financial and economic crisis.
The government spends $143 billion through tax breaks in an effort to expand pension coverage and security. Yet, over half of the American workforce does not have a pension. Retirement insecurity hurts business plans, workers’ lives and retiree well-being. Reform is needed.
SCEPA’s Guaranteeing Retirement Income Project, sponsored by the Rockefeller Foundation and in collaboration with Demos and the Economic Policy Institute, has a plan to guarantee safe and secure retirement income for all Americans.
- Published on Monday, August 25, 2014
by Rick McGahey, SCEPA Faculty Fellow
In today's New York Times, Paul Krugman confuses issues around internal population migration in the U.S. with issues of job creation and economic growth. He ends up in an unnecessary and defensive argument about whether low-wage and anti-regulation states like Texas are a superior economic model.
First, there just isn't that much net internal migration. The American Community Survey tells us that in 2012, net migration between New York State and Texas was 9,043 in favor of Texas (20,274 New Yorkers to Texas, but 11,231 Texans to New York State). That is less than one-half of one percent of the total population of New York State, hardly a big trend. In fact, researchers are trying to figure out why internal migration is declining, not rising—in 2011, Federal Reserve researchers noted that "by most measures, internal migration in the United States is at a thirty-year low."
Second, outmigration and relocation is driven by a lot of things beyond relative taxation or regulation, including baby boomer retirements (oddly not mentioned in Krugman's column). If you just want to hold down migration, make New York a more attractive retirement location. Texas has had relatively strong job growth since the Great Recession, but analysts attribute much of that to natural gas and oil production, including virtually unregulated fracking.
Krugman's column has produced a predictable set of online complaints about high taxes and repressive regulations in New York relative to the South. New York does need more housing density, although the region has many housing opportunities given our public transportation network. But Krugman's odd use of what in reality are vanishingly very small numbers on migration to Texas inadvertently contributes to a misguided narrative about how attractive Texas and other bottom-feeder states really are.
- Published on Monday, August 18, 2014
The Schwartz Center for Economic Policy Analysis (SCEPA) at the New School for Social Research is deeply saddened by the death of Irene Schwartz, best friend and wife of Bernard Schwartz. Bernard and Irene paid special attention to The New School Economics Department's commitment to economic policy and social justice. Together they named a professorship and provided scholarships and other material support to our economics students and faculty. Bernard and Irene, compassionate for the plight of vulnerable elderly and for the aspiration of all workers to retire in dignity, also support SCEPA's Retirement Equity Laboratory.
We are grateful for Irene's love for Bernard that helped he and she be expansive and proactive in solving problems of injustice facing humanity. We send our deepest sympathies to her family and friends, especially to her husband, our mentor and friend Bernard Schwartz.
The Members of the Schwartz Center for Economic Policy Analysis at The New School for Social Research
- Published on Monday, August 04, 2014
5:15pm, Friday, October 3, 2014*
The New School
66 West 12th Street, Room A106
New York, NY
Thomas Piketty, author of Capital in the Twenty-First Century, will join SCEPA to discuss his book. His remarks will be followed by comments from New School Department of Economics Chair and Professor Anwar Shaikh and New School PhD Heather Boushey, Executive Director and Chief Economist at the Washington Center for Equitable Growth.
*SCEPA and The New School sincerely apologize that the Thomas Piketty discussion is set to take place on the eve of the Jewish holiday, Yom Kippur. Due to international travel schedules of those involved, the only day available to host the event is October 3rd. The discussion is scheduled to take place prior to the forecast sundown and will be live-streamed on our website. After the event a recording of the discussion will be available on our website.