- On Capitol Hill
- On Wall Street
- In the Press
- Policy Reform Work
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.
After last week's historic climate change deal between the U.S. and China, Geoffrey Heal, a coordinating lead author of the IPCC reports and professor of social enterprise at Columbia Business School, joined SCEPA to discuss how to secure a global agreement. His presentation put forward an optimistic message based on John Nash's game theory.
First, he called for coalition formation based on initial agreements between the three largest emissions producers - China, E.U. and the U.S. - incentivizing other countries to follow and removing the disincentive of competitive disadvantage when acting alone.
Second, he called for an evolution in the discussion of climate change mitigation beyond timelines and targets, instead focusing on the technological innovations necessary to replace fossil fuels with renewable energy. His presentation specified the current technical limitations and focused on alternatives that were or could be competitve in the market.
Geoffrey Heal's Climate Work
Professor Heal is noted for contributions to economic theory and resource and environmental economics. His recent books include Nature and the Marketplace, Valuing the Future, When Principles Pay and Whole Earth Economics (forthcoming).
Heal chaired a committee of the National Academy of Sciences on valuing ecosystem services, served as a Commissioner of the Pew Oceans Commission, a member of President Sarkozy's Commission on the Measurement of Economic Performance and Social Progress, a member of the advisory board for the World Bank's 2010 World Development Report and the United Nations Environment Program's 2011 Human Development Report, and acts as an advisor to the World Bank on its Green Growth project.
Economics of Climate Change
Heal's lecture was hosted by SCEPA's Economics of Climate Change Project, led by New School Professor of Economics Willi Semmler and in coordination with The New School's Tishman Environment and Design Center. The project is generously supported by the Fritz Thyssen Foundation and the German Research Foundation (DFG).
On October 3, 2014, SCEPA hosted a discussion with Thomas Piketty, leading economist and best-selling author of "Capital in the Twenty-First Century." This is a brief interview prior to the discussion in which Piketty shares his unique view on economic science and what it means to be an economist.