Seismic shifts are occurring in the understanding of capitalism, the political economy of aging, labor markets, climate change, and inequality. As the world changes, our economic thinking and training must remain useful for building an inclusive society and economy that are resilient. SCEPA’s policy research is a tool for change, bringing the heterodoxy of The New School economics department to the service of pressing challenges, including climate change, an aging population, building a more equitable economy, and making public finance fairer and more transparent.
SCEPA helps policymakers produce evidence-based decisions by providing academic research on economic and retirement policy, climate change, and public finance. In 2021, we deepened our engagement with American elected officials by delivering testimony before the U.S. House, U.S. Senate, and U.S. Department of Labor on economic inequality and retirement policy. Our scholars’ work was also featured in research distributed at the G20 summit, which called for political unity within the European Union to prioritize better social welfare measures and create institutional reform for macroeconomic governance.
SCEPA economists are thought leaders in the media, working with journalists to highlight economic trends. In 2021, the Schwartz Center’s ReLab issued its report on how older workers fared in the pandemic labor market, generating 33 articles in outlets including The Financial Times, Los Angeles Times, and NBC News. This work led to a two-part series in Barron’s on SCEPA Director Teresa Ghilarducci’s proposal to reform retirement. SCEPA economists also penned opinion pieces sharing their research in The New York Times, The Washington Post, and Forbes.
The Schwartz Center is dedicated to creating a space and building a network to foster dialogue, actively listen, and respectfully debate systemic failures and progressive solutions. In 2021, we moved these needed conversations online, creating virtual workshops to connect with communities working on issues faced by older workers during the pandemic and new and better ideas to confront climate change. We also celebrated our 25th anniversary, looking at our legacy of challenging the mainstream economic doctrines that created economic inequities and insecurity.
Educating tomorrow’s economic leaders is a fundamental part of our mission. Each year, we hire students with the goal of serving as their springboard into academia and high-profile economic policy positions—and this year, we are pleased to report that our former fellow, Michael Papadopoulos, joined New York City’s Office of Labor Policy and Standards as a labor economist. In this role, he supports the implementation and enforcement of New York City’s labor laws and evaluates these policies’ impacts on workers’ outcomes and the labor market broadly. In addition, Kyle Moore, who previously was a senior policy analyst with the Joint Economic Committee’s Democratic Party staff, joined the Economic Policy Institute’s Program on Race, Ethnicity, and the Economy.
Partnerships & Support
We are grateful to our funders and partners for their work and for supporting our efforts to build a sustainable and equitable future. We aim to advance these goals by fostering conversations and building partnerships within The New School as well as outside our walls. Continued support from the Thyssen Foundation enabled us to host convenings and produce research on climate change, while funding from the Hewlett Foundation supported research into strengthening heterodox economic teaching. In 2021, with the support of the RRF Foundation for Aging, we partnered with the Economic Policy Institute to advance awareness of issues related to older workers and retirement and foster discussion among researchers, advocates, and policymakers to advance meaningful reform. And with the support of the One Project initiative, we are harnessing the ideas of The New School’s economics department to rethink how we teach economics to the next generation.
Annual Report 2021
The Schwartz Center’s 2021 annual report documents how we are continuing a 25-year tradition of turning our network’s mission-based research into policy proposals that improve the lives of the working class.