Critical Economics
Insights blog
New School team awarded a grant from the Sloan Foundation to study the history of the Eastern Economic Association
Dr. Steven Pressman, Part-Time Faculty in the Economics department at The New School for Social Research, has been awarded a research grant from the Alfred P. Sloan Foundation to study the history of the Eastern Economic Association.
Measuring Worker Bargaining Power
In all the excitement about the crack in Amazon and Starbucks’ anti-union armor as workers post big union wins, one might think that labor power in America is rising. But unionization is just one of 10 indicators of worker bargaining power—and of these, only five show worker power is up. Why does worker power matter? It depends on whom you ask.
Resource Library
Monopsony Power, Race, and Gender
Article | This article contributes to the literature on monopsony models by moving away from their emphasis on exogenous factors—worker preferences, incomplete information, and barriers— and focusing on these factors as the main drivers of monopsony power. Employers have compelling profit reasons to create monopsony conditions and create labor market frictions.
How to Think About Our Children's Children
Book Review | Warmth: Coming of Age at the End of Our World, Daniel Sherrell The subject of Warmth, written by a 26-year-old as a letter to his unborn child, is the climate crisis. But the climate crisis is never referred to by name. Instead, it is called “The Problem.” And though The Problem animates the book, Warmth is also a memoir—a book about memory, justice, and the future.
The Future of Heterodox Economics
Working Paper—A group of professors, graduate students, and fellows at The New School for Social Research's Department of Economics assess economic research and teaching in the United States and identify three major barriers to the successful adoption of alternative economic theories in academia and the public discourse.
Critical Economics Course
Economics: Society, Markets, and [In]equality
This free online course teaches the power dynamics that determine how people and resources are valued, how goods move around the world, and how we manage our planet and the future.