- 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.
We are excited to announce that former SCEPA researcher and current New School PhD student Prakash Kumar Shrestha has been awarded a grant from the Open Society Institute. Working with SCEPA Faculty Fellow Willi Semmler, Prakash is examining aspects of foreign currency reserves accumulation in small open economies by examining crisis-affected East Asian countries, including Thailand, South Korea, Malaysia, the Philippines and Indonesia. Specifically, he is researching the macroeconomic impact of international reserves, the changing balance sheet structure of banking systems with central bank currency reserves hoarding, and working to link monetary policy with reserves accumulation dynamics.
SCEPA Fellow Jeff Madrick was recently featured as "The Specialist" on a segment of MSNBC's Dylan Rattigan Show. He discussed his new book The Age of Greed and how the legacy of the recession can be traced back to the 1970s, when the country faced both unemployment and inflation, resulting in a period of anti-government sentiment and financial deregulation.
In her article, "Some 401(k) Plans Offer Lifelong Income Options," Christine Dugas of USA Today discusses the options that some financial firms and employers are offering employees to help retirees ensure lifetime income. However, as SCEPA Director Teresa Ghilarducci points out, "They will not help people who have not saved enough."