Research
A Universal Retirement Plan can Reduce Inequality and Prevent Downward Mobility
Policy Note | Up to 40 percent of middle-income workers are at risk of downward mobility into poverty or near-poverty in retirement because of an inefficient retirement system that disproportionately benefits those with high incomes. Universal retirement accounts and providing workers with more equitable and better targeted tax incentives are among the best methods to supplement Social Security and prevent downward mobility in retirement.
Policy Note | Up to 40 percent of middle-income workers are at risk of downward mobility into poverty or near-poverty in retirement because of an inefficient retirement system that disproportionately benefits those with high incomes. Universal retirement accounts and providing workers with more equitable and better targeted tax incentives are among the best methods to supplement Social Security and prevent downward mobility in retirement.
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.
Learn the functionality of the canonical social interaction model and examine a major topic in political economics – the tragedy of the commons.
Walk through examples examining the potential effects of modifying the canonical social interaction model.
