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Public Policy Brief No. 158
That “Vision Thing”: Formulating a Winning Policy Agenda
For a PDF version of this Public Policy Brief, please click here. There are many ways to lose a presidential election, and pundits have come up with a long list: President Biden hung on too long; voters still weren’t ready for a female of color—too many are racist and sexist; too many leftists supported third […]
OUT NOW: Ajit Zacharias and İpek Ilkkaracan on the Levy Institute Podcast
How can unpaid household labor be integrated into national consumption measures? Listen to the latest episode of the Levy Institute Podcast to hear Levy Scholars discuss this idea and others in a report commissioned by the BLS.
Event
Macroeconomic Policies and Care: Exploring Intersections
Join us for our third session of the 2025 Spring Semester, with Raquel Coello Cremades, UN Women Policy Advisor on Macroeconomics and Global Care Economy Officer, on Tuesday, March 4th, from 5pm to 6pm in the Levy Conference Room at Blithewood, or on Zoom. Dr. Coello-Cremades' presentation will be followed by an open Q&A session with audience members—both those in person and on Zoom are welcome to ask questions.
Working Paper No. 1077
A Critical Examination of the “China Collapse” Narrative
Western media and academia have heralded the China collapse narrative. This paper provides a critical and balanced examination of the four challenges facing the Chinese economy—namely, deflation, debt, demographics, and de-coupling/de-risking. It argues that while deflationary pressure is present, consumer demand has been improving as the property market stabilized and policies to bolster domestic demand […]
Senior Scholar L. Randall Wray gives lecture on MMT at the Instituto de Investigaciones Económicas de la UNAM
UNAM and the Fiscal and Financial Economics Seminar hosted Senior Scholar L. Randall Wray for a short course titled “Modern Money Theory: An Alternative Macroeconomic Theory.” You can now view the recordings of this short series on Youtube at the link below.
NPR Marketplace with Pavlina R. Tcherneva “What to make of last week’s jobs report revisions.”
Today’s Marketplace Morning Report features Levy President Pavlina R. Tcherneva on “What to make of last week’s jobs report revisions.” Listen now to hear her insights on the current job market.
Event
Towards a European Job Guarantee
An installment in the Levy Institute Gender Equality and the Economy Speaker Series. Join us for this session of the 2025 Spring Semester, with Rania Antonopoulos, Senior Scholar and Program Director at the Levy Economics Institute of Bard College, on Wednesday, February 19, 5-6pm in the Levy Conference Room at Blithewood, or on Zoom. […]
Working Paper No. 1076
The Rise of the Modern Monetary System
This working paper integrates the credit money approach (associated with Post Keynesian endogenous money theory) with the state money approach (associated with Modern Money Theory) by drawing on Wray’s 1990 book (Money and Credit in Capitalist Economies: The Endogenous Money Approach, Edward Elgar), his 1998 book (Understanding Modern Money: the Key to Full Employment and […]
Working Paper No. 1075
The High Cost of the Strong Peso and Its Temporary Nature: The Case of Mexico
The article analyzes why exchange rate stability has been prioritized in Mexico and why the national currency has appreciated; which policies and factors have made this possible, the costs and consequences of the strong peso, and its sustainability and temporality are also examined. Mexico’s economy does not have the endogenous conditions necessary to maintain such […]
The Levy Institute Podcast with Lord Robert Skidelsky
Levy Institute President Pavlina R. Tcherneva sits down with Lord Robert Skidelsky to discuss his new book, Mindless. Their conversation spans Skidelsky’s roots in economics, his studies as biographer of John Maynard Keynes, and a revisit of the “Economic Possibilities for Our Grandchildren.” Be sure to listen and join the conversation through your favorite […]
Event
Discussing Labors of Love: Gender, Capitalism, and Democracy in Modern Arab Thought
An installment in the Levy Institute Gender Equality and the Economy Speaker Series. Monday, February 3rd, 5pm Blithewood Conference Room or on Zoom Join us for our first session of the 2025 Spring Semester, with Susanna Ferguson, Assistant Professor of Middle East Studies at Smith College, on Monday, February 3rd, from 5pm to 6pm in […]
Event
Money, Finance, and Economic Strategies in Fractured Times | 32nd Annual Conference
We are excited to announce that the 32nd Annual Levy Economics Institute Conference, Money, Finance, and Economic Strategies in Fractured Times, will be returning as an in-person event on Monday, June 16, 2025. The conference will take place on the Bard College campus in Annandale-on-Hudson, NY. This year’s annual conference will feature panels on Minskyan analyses […]