- 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.
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."
In her latest article in the Monthly Review, SCEPA director Teresa Ghilarducci writes about the history of retirement in the United States and how retirement security has eroded over the past 30 years. The article discusses how recent attacks on all forms of retirement, including Social Security, could affect not just the elderly, but future aged populations. She offers alternatives to the argument that we as a society cannot afford to offer guaranteed security in old age.
In a recent edition of NPR's "All Things Considered," host Guy Raz interviews SCEPA's Jeff Madrick. They discuss the emergence of the income gap and how corporate greed has been a factor: "Self-interest is central to a free-enterprise system, but greed implies something else. Greed implies making so much money you are willing to violate the rules. And that begins to undermine the economy, undermine prosperity, and most importantly undermine the potential for economic growth."