by Nancy Folbre & Kristin Smith From the abstract: The uneven bargaining power of both firms and workers may be contributing to increased earnings inequality in the U.S. Econometric analysis of earnings from the 2015 Current Population Survey shows that the earnings of managers and professionals employed in care industries (health, education, and social services), … More Nancy Folbre & Kristin Smith on The Wages of Care: Bargaining Power, Earnings & Inequality
For the paper of Epstein’s that this interview is based on see here
by Gerald Epstein Trumponomics, argues this economist, may look like Reaganomics, but it is more about political power than optimal economics strategies. Economists should be aware of this, but many, even progressives, are not. The author provides a way of looking at and criticizing Trumponomics for the popular, power-aggrandizing strategy and ultimately deeply dangerous set … More Trumponomics: Should We Just Say “No”?
2017 Leontief Prize Winners: James Boyce and Joan Martinez-Alier Awardees to lecture on the theme: “Economics, Equity, and the Environment” March 28, 2017 Coolidge Room, Ballou Hall 2nd floor, Tufts University, Medford, MA GDAE will award its 2017 Leontief Prize for Advancing the Frontiers of Economic Thought to James Boyce and Joan Martinez-Alier. This year’s … More The Global Development and Environment Institute at Tufts University 2017 Leontief Prize
By Bill McColloch From the abstract: The present paper seeks to locate the Bhaduri-Marglin (B-M) model as an historical outcome of the Left’s internal disputes over the prospects for social democracy. In better contextualizing the B-M model as a historical response to the perceived political economic failings of the social compromises upon which the growth … More New PERI Working Paper: Co-Operative Capitalism, Acolytes and Apostates
by Jeannette Wicks-Lim By every socioeconomic measure, there is an undeniable race-based hierarchy in the United States—with Black Americans sitting at or near the bottom. In 2014, the share of Black adults (at least 25 years old) with bachelor’s or advanced degrees (22%) is notably lower than their White counterparts (32%). The official unemployment rate … More It Pays to Be White
New paper published by PERI. From the abstract: The startling resuscitation of capital controls during the global crisis has substantially widened policy space in the global north and south. The paper highlights five factors that contribute to the evolving rebranding of capital controls. These include: (1) the rise of increasingly autonomous developing states, largely as … More Ilene Grabel on Capital Controls