- 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.
SCEPA Fellow Jeff Madrick and Frank Partnoy's latest piece in the New York Review of Books entitled "Should Some Bankers Be Prosecuted" explains why not one criminal charge has been filed against individuals at major banks and why there are few serious lawsuits against the financial firms that participated in the collapse.
The article cites that some of the reasons why there has been so little done includes the reluctance of prosecutors, which derives from the power and importance of bankers, who remain significant political contributors and have built substantial lobbying operations and the probelm of proving financial fraud, which is much more difficult than proving most other crimes. There is also fear from federal officials that punishing the banks too much will undermine the fragile economic recovery.
Professor of Economics and Department Chair William Milberg's research focuses on the implications of changes in international trade and investment flows for employment and income distribution. On September 19, 2011 he participated in the 2011 WTO Public Forum and moderated the panel entitled: Made in the World: Facts and Implications for Trade. He was also featured in the WTO highlight video below.
On October 4, 2011 the Peterson Institute, in collaboration with the International Labor Office (ILO), held a conference to present key findings from the new book Making Globalization Socially Sustainable. Professor Millbeg led the fourth session, "Actual and Perceived Effects of Offshoring on Economic Insecurity: The Role of Labor Market Regimes."
On October 13, 2011, the New America Foundation hosted an event focused on the retirement savings deficit and possible ways to address the ongoing problem of retirement security. Speakers included SCEPA's Teresa Ghilarducci, Mark Iwry from the U.S. Department of the Treasury, Michael Calabrese from the New America Foundation, William Gale from the Retirement Security Project at Brookings Institution, and David Certner from AARP. Professor Ghilarducci discussed her fix to the retirement crisis, Guaranteed Retirement Accounts.