inequality - The New School SCEPA

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.

Amid reports of bulk ballot collection, fake ballot boxes, voter intimidation and other potential efforts to manipulate or cast doubts on the voting process in the U.S. 2020 election, The Schwartz Center for Economic Policy Analysis (SCEPA) hosts a conversation with Jessica Pisano, Associate Professor of Politics at The New School for Social Research. 

Much like the United States, the Brazilian government was slow to react to the virus, and Brazil joined us as one of the global epicenters of COVID-19 cases and deaths. New research shows that, also like the States, pre-existing inequities in living and working conditions along racial, educational, and class lines are at the root of the higher infection and mortality rates observed in low-income and non-white communities. The research also shows that without government aid, COVID exacerbates inequality.

Last updated July 20, 2020.

A compendium of economic thoughts and policy recommendations in response to the coronavirus. 

A retirement crisis looms as the labor market becomes less friendly to older workers when they are most numerous and least able to retire.

Brief— Social Security benefits are progressive and reduce the unequal distribution of retirement wealth generated by a broken employer-based retirement systemSocial Security benefits are progressive and reduce the unequal distribution of retirement wealth generated by a broken employer-based retirement system.

Workers in low-wage households are more likely to experience economic shocks and to withdraw from their retirement accounts, exacerbating pre-existing inequalities in the retirement savings system.

In a first-of-its-kind analysis, ReLab’s latest policy note reveals sharp inequalities in retirement wealth.

Teresa Ghilarducci, labor economist and director of SCEPA's Retirement Equity Lab (ReLab), made the following statement regarding Congressional Republicans' proposal to cut contribution limits for 401(k) retirement savings contributions:

What is the “retirement wealth inequality machine?”

Only a power and resource shift from capital to labor can reverse the entrenched trends of inequality.

Alternet and the Huffington Post published an interview by Lynn Parramore with SCEPA economist and New School Economics Professor Emeritus Lance Taylor.

This policy note shows how the current system of tax deferral for retirement contributions contributes to wealth inequality.

This paper supports the need to focus not only on ensuring Social Security’s solvency for future generations, but building the program’s ability to support all working Americans.

There are well-known problems with traditional approaches to measuring well-being and the authors introduce a simple alternative.

GDP per capita and the Human Development Index are known measures of development, but are averages and thus conceal wide disparities in the overall population.

The U.S. national income and product accounts are restated in the form of a social accounting matrix or SAM.

Authors use demand-driven models of economic growth and inequality to conclude US household wealth concentration is not likely to decline in response to fiscal interventions alone.

Unemployment and employment rates are the conventional indicators used to measure economic and labor market performance.

The Cambridge UK vs USA capital theory debates of the 1960s showed that the workhorse mainstream growth model relies on unsustainable assumptions.

Working paper — Two of today’s most contentious policy issues are income inequality and the future of Social Security.

New School Economics Professor Lance Taylor thinks most economists are missing the big picture.

In conversation with INET’s Lynn Parramore, New School Economics Professor Lance Taylor breaks down what’s wrong with the current debate on inequality and what to do about it.