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Policy proposals to cut Social Security benefits by increasing the normal retirement age from 67 to as high as 76 ignore the persistent physical demands older workers face.

This paper finds that a combination of policies and shocks were able to significantly depress the personal wealth of the Top 0.1% between 1961-1986.

SCEPA and INET are proud to present an online economics class - advanced microeconomics - taught by Duncan Foley, the Leo Model Professor of Economics at The New School.

Learn the basic economic framework of human behavior developed based on the entropy-constrained theory and its advantages over the marginal utility theory of economics.

Learn applicable examples of the behavior model and gain a deeper comprehension of ideas discussed in Class 2.

Review the entropy constrained behavior model, complete lessons on expected utility theory and receive an introduction to social interaction behavior.

About SCEPA

SCEPA works to focus the public economics debate on the role government can and should play in the real productive economy - that of business, management, and labor - to raise living standards, create economic security, and attain full employment.