Fadhel Kaboub is Associate Professor of economics at Denison and President of the Binzagr Institute for Sustainable Prosperity.
By Marie Duggan. From Dollars&Sense: The central room is 65,000 square feet with a high ceiling. This room is noisy, with large machines emitting loud hums and whirrs. The machinists are dwarfed within the canyons between the rows of equipment. Many of the machines have plastic housings, so that each looks like a giant photocopier, … More Deindustrialization in the Granite State: monetary policy, financialization, & the loss of U.S. manufacturing jobs
By Pavlina R. Tcherneva, This paper examines two key aspects of unemployment—its propagation mechanism and socioeconomic costs. It identifies a key feature of this macroeconomic phenomenon: it behaves like a disease. A detailed assessment of the transmission mechanism and the existing pecuniary and nonpecuniary costs of unemployment suggests a fundamental shift in the policy responses … More Unemployment: The Silent Epidemic
By Servaas Storm, The Great Financial Crisis of 2008 deeply scarred the U.S. economy, bringing nine dire years of economic stagnation, high and rising inequalities in income and wealth, steep levels of indebtedness, and mounting uncertainty about jobs and incomes. Big parts of the U.S. were hit by elevated rates of depression, drug addiction and ‘deaths … More The New Normal: Demand, Secular Stagnation and the Vanishing Middle-Class
The National Economic Association (NEA) and the American Society of Hispanic Economists (ASHE) announce and invite paper submissions for our fourth annual summer conference August 10-12th, 2017 in New York City. This year’s theme is: *Freedom and Justice: Jobs, Economic Security, and Inclusion.* The conference is co-sponsored by The New School, John Jay College of … More CALL FOR PAPERS: Freedom and Justice – Jobs, Economic Security, and Inclusion
by Mark Paul, William Darity Jr, & Darrick Hamilton Universal basic income (UBI), an annual government-sponsored payment to all citizens, has been gaining traction across the American political landscape. Andy Stern, former Service Employees International Union president, believes the program will counteract the “acceleration of technology” that he thinks will likely create “work but not reliable jobs … More Why We Need a Federal Job Guarantee
By Mathew Forstater Not many folks remember that the 1963 “March on Washington” was officially named the “March on Washington for Jobs and Freedom.” This detail often gets lost amid the important celebration of the general achievement and highlights such as the Rev. Dr. Martin Luther King, Jr.’s “I Have a Dream” oration. Indeed, the … More “JOBS FOR ALL”: Another Dream of the Rev. Dr. Martin Luther King Jr.
The 3rd episode of the Binzagr Institute For Sustainable Prosperity Vlog series is now online “Jobs, Money, Debt: Economic Common Sense.” In this episode, Mathew Forstater, Research Director at the Binzagr Institute for Sustainable Prosperity, explains the painful implications of the pro austerity deficit hawks approach to public policy and contrasts it with the functional … More Jobs, Money, Debt: Economic Common Sense (Episode 3: Functional Finance)