New Work by Eric Tymoigne: Towards a Heterodox Perspective on Money, Banking, & Macroeconomics

By Eric Tymoigne This work covers banking, central banking, macroeconomic topics, and money in a completely different way than the typical text with a focus on balance sheet: Gone is the money multiplier theory, gone in the financial intermediary theory of banks, gone is the idea that central bank control monetary aggregates, gone is the… More New Work by Eric Tymoigne: Towards a Heterodox Perspective on Money, Banking, & Macroeconomics

Graduate Students Clear Hurdle to Form Unions

From New York Times: Students who work as teaching and research assistants at private universities will be allowed to vote to unionize under a ruling Tuesday by the National Labor Relations Board that found that they are employees under federal labor law. The case arose from a union election petition filed by a group of… More Graduate Students Clear Hurdle to Form Unions

TANF didn’t fight poverty, full employment did

By Virginia Rutter Welfare reform hits 20 this month. The Center for Economic and Policy Research has done much work examining how full employment in the 1990s shaped employment, income, and poverty. In observation of this 20th anniversary, Alan Barber, of CEPR, and I prepared a graph, above, that tells an important, often neglected, piece… More TANF didn’t fight poverty, full employment did

James K. Galbraith: From the Destruction of Greece to Democracy in Europe

by James K. Galbraith, In protesting the Treaty of Versailles ending World War I, John Maynard Keynes wrote: “The policy . . . of depriving the lives of millions of human beings, of depriving a whole nation of happiness should be abhorrent and detestable — abhorrent and detestable, even if it were possible, even if… More James K. Galbraith: From the Destruction of Greece to Democracy in Europe

Maintaining poverty through restrictive voter registration laws

Barriers to entry, typically established and enforced by the legal system for the benefit of those that control the political-economic system, have been an important way for establishing and perpetuating “second-class citizens” to be kept in poverty, so their work as cheap labor can benefit others. Slavery of course is the classic example in the… More Maintaining poverty through restrictive voter registration laws

ICAPE Conference, Deadline for submissions extended

International Confederation of Associations for Pluralism in Economics (ICAPE) Call for Papers, Panels and Workshops Roosevelt University, Chicago, IL January 5, 2017 Deadline for submissions extended to September 12, 2016 Can Pluralism Save Economics? Pluralistic Approaches to Teaching and Research in Economics Although the global financial crisis of 2007-2009 exposed many of the deficiencies in… More ICAPE Conference, Deadline for submissions extended

Scott Carter’s New Blog: Heretical Sraffa

By Scott Carter Welcome to my blog, Heretical Sraffa: Furtive Thoughts on Economics and Economic Theory (see here) Just a bit about myself.  My name is Scott Carter and I received the PhD in Economics from The New School for Social Research after having studied there in the 1990s and early 2000’s.  My current position is… More Scott Carter’s New Blog: Heretical Sraffa

The US teacher pay gap is wider than ever

A New EPI report finds that the teacher pay penalty is bigger than ever. In 2015, public school teachers’ weekly wages were 17.0 percent lower than those of comparable workers—compared with just 1.8 percent lower in 1994. This erosion of relative teacher wages has fallen more heavily on experienced teachers than on entry-level teachers. Importantly,… More The US teacher pay gap is wider than ever

New URPE initiative: online teaching workshops

New URPE initiative: online teaching workshops. The first online teaching workshop, on Constructing a Teaching Philosophy and Portfolio, is now available for all URPE members here. The workshop is designed to help graduate students and younger scholars prepare materials that could be used effectively in applying for a job (or preparing for a review) at… More New URPE initiative: online teaching workshops