Located in New York City, SCEPA is at the center of a network of leaders dedicated to progressive and innovative education and ideas.
SCEPA faculty are investigating the economics of climate change, from mitigation proposals to implementation.
SCEPA focuses on the U.S. economy, with an awareness of the global context of domestic economic developments.
A research institute within The New School’s Economics Department, SCEPA is dedicated to collaboration between today’s experts and tomorrow’s leading economists.
SCEPA is working to reform a retirement system that is failing Americans.
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.
The Annual Robert Heilbroner Lecture on the Future of Capitalism:
Towards Full Employment, Financial Stabilization & Environmental Sustainability
The failure of austerity policies in both the United States and Europe is clear. But it's time to move beyond documenting failure. Now we need solid policy solutions that promote long-term economic recovery for working people, the poor, and the middle class - not just the 1%.
On February 12, Economist Robert Pollin presented SCEPA's annual Robert L. Heilbroner Memorial Lecture on the Future of Capitalism. Pollin proposed a post-austerity policy agenda that lays out a clear path to job creation and lowering public debt - while advancing greater equality and environmental sustainability.
Robert Pollin, Distinguished Professor of Economics at the University of Massachusetts-Amherst, received his PhD from The New School and studied under Robert Heilbroner. He is co-director of the Political Economy Research Institute (PERI) and co-author of a recent study that debunks the notion that austerity policies can promote economic growth by starving social spending.
This event celebrated the fall issue of The New School's Social Research journal, "Austerity: Failed Economics but Persistent Policy." It was jointly sponsored by Social Research: An International Quarterly, the Center for Public Scholarship, and the Environmental Policy and Sustainability Management Program at the Milano School.
Lauren Schmitz, a New School Economics PhD student and former SCEPA research assistant was awarded a grant from the National Science Foundation (NSF) for her dissertation, "The Impact of Working Conditions on the Health of an Aging Workforce."
Her research examines the relationship between work and health over the life cycle to better understand how various working conditions influence health disparities as workers age.
The NSF Doctoral Dissertation Improvement grant is a highly competitive federal research grant that allows doctoral students to undertake significant data-gathering projects and conduct field research.
Schmitz is creating a unique data set linking restricted W-2 earnings records from the Social Security Administration's Master Earnings File to both data on health and employment outcomes in the Health and Retirement Study (HRS) and data on objective job demands from the Department of Labor's Occupational Information Network (O*NET).
Analysis on a comprehensive set of working conditions over the course of a worker's career will contribute to a better understanding of how occupation affects health in the years leading up to retirement
by Teresa Ghilarducci, SCEPA Director
January 29, 2014
The President's "myRA" proposal is an old idea with a slight twist. It would allow employers to send workers' contributions to a guaranteed non-profit government bond plan. This is a good move. The program would extend tax breaks that are currently only avaliable to high income workers. This is both a fair and good move.
However, the proposal would move myRA accounts to commerical IRA accounts when savings exceed $15,000. These accounts could then be tapped before retirement, which is a bad move. Another detriment - the program is voluntary, which will limit an individual's ability to accumulate adequate funds for retirement.
Unfortunately, these possibilities for leakage make this proposal woefully inadequate to deal with the retirement crisis. The President should support expanding Social Security, Social Security contributions, and a universal guaranteed prefunded account on top of Social Security.