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.
Learn how the case of quantal response is described by the use of the social interaction model and receive an introduction to classical political economy.
Explore Adam Smith’s division of labor and Karl Marx’s barter economy from the perspective of social coordination through the hub and spoke model.
Learn Smith’s division of labor, Marx’s barter economy and explore the creation and use of commodity and non-commodity money.
Given the fact that society is indulged in money equilibrium, this lecture explores how the economy market functions.
Learn the equalization of the profit rate in market competition based on the Marxist perspective.
Learn Marx’s theory of the falling rate of profit in terms of the social interaction model, the alienation problem, and be introduced to Keynes’ perspective.
Explore basic postulates of the Walrasian and Keynesian economic standpoint while appropriating main ideas of the said economists in terms of the hub and spoke model.
