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.
Every country is worried about investing retirement funds correctly, and every country wants to minimize risks to the taxpayer so there aren’t large, unknown bills in the future. In the United States, we use our tax code far more than other countries to encourage savings and other socially beneficial behavior. We spend billions of dollars to incentivize saving for retirement through 401(k)’s and I.R.A.’s. That costs us a huge amount of money without much effect in creating a secure retirement system. In fact, America’s voluntary system means that nearly six out of 10 workers are not in pension or 401(k) plans.
On Tuesday, June 4, 2013, former Congressman Barney Frank will speak at The New School about why military spending can and must be reduced if we are to bring down the federal deficit in a socially responsible way. He will be joined by Professor Robert Pollan, University of Massachusetts Amherst.
6:00p.m. - 7:30p.m.
John Tishman Auditorium
66 W. 12th Street
New York, NY
Barney Frank retired from over 30 years in Congress (1981-2013) where he served as chairman of the House Financial Services Committee from 2007 to 2011. As chairman, Frank was instrumental in crafting a compromise bill to stem the tide of home mortgage foreclosures, as well as the subsequent $550 billion rescue plan. He was a co-author of the Dodd–Frank Wall Street Reform and Consumer Protection Act and led the passage of the Credit Cardholders' Bill of Rights Act. In 1987, Frank became the first member of Congress to voluntarily come out as openly gay, and in 2012 he married his longtime partner, Jim Ready, becoming the nation’s first congressman to enter into a same-sex marriage while in office.
Robert Pollin is professor of economics and co-director of the Political Economy Research Institute (PERI) at the University of Massachusetts Amherst (PhD, New School for Social Research, 1982). Professor Pollan was the author of the recent paper, "Does High Public Debt Consistently Stifle Economic Growth? A Critique of Reinhart and Rogoff" (with Thomas Hernon and Michael Ash) that stirred controvery regarding the flawed methodology and coding errors behind the influential austerity paper.
Lance Taylor, SCEPA Faculty Fellow and emeritus Professor of Economics at The New School, analyzes Paul Krugman's "IS/LM" macroeconomic model. His analysis includes a discussion of the theory's origins in the history of economic thought and ends in a critique that the policy implications may not be robust.