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Working Paper No. 212An Efficiency Argument for the Guaranteed Income
Authors Karl Widerquist and Michael A. Lewis use a “multischool” approach to poverty policy, asking the following question: Given the many proposed causes for poverty, and the conflicting theories about how potential solutions would work, what conclusions can we draw about policy? They conclude that the guaranteed income is the most efficient and comprehensive policy […] -
Working Paper No. 211
Income Distribution, Macroeconomic Analysis, and Barriers to Full Employment
The distribution of income is conspicuous by its absence from most mainstream macroeconomic analysis. Visiting Scholar Malcolm Sawyer, of the University of Leeds, makes an effort to remedy this situation by discussing three aspects of the relationship between macroeconomics and the distribution of income: the effect of conflicts over the distribution of income on the […] -
Working Paper No. 210
The Effects of Immigrants on African-American Earnings
The improvement in the relative economic status of African American workers in the 1960s and 1970s was reversed in the 1980s. During that decade immigration to the United States reached its highest level since the early part of this century, and many immigrants entered lesser-skilled labor markets, where most African American labor is concentrated. Yet, […] -
Report No. 4Report November 1997
Distinguished Scholar Wynne Godley warns of the "headless monster" that might be created if European nations plunge into monetary union before establishing new political processes and institutions to replace the powers the nations surrender. In the Levy Report Interview, Congressman Tom Campbell discusses the Federal Reserve, tax reform, immigration, and affirmative action. Contents: The Levy […] -
Press ReleaseHow Should the Government Measure the Changing Face of America?
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Public Policy Brief No. 36Dangerous Metaphor: The Fiction of the Labor Market
The concept of a labor market, responding to familiar underpinnings of supply and demand, completely colors thought on the relationship between employment, wages, and inflation, according to James K. Galbraith. However, he asserts, wages are determined not by such market forces, but by what he calls the job structure—a complex set of status and pay […] -
Public Policy Brief No. 35
Reflecting the Changing Face of America
On the United States’ census form, American citizens are told they may list any ethnic ancestries with which they identify, but are instructed to “mark one only” in the question on race. Joel Perlmann asserts that it is in the public interest to allow people to declare themselves as having origins in more than one […] -
Public Policy Brief Highlight No. 36
Dangerous Metaphor: The Fiction of the Labor Market
The concept of a labor market, responding to familiar underpinnings of supply and demand, completely colors thought on the relationship between employment, wages, and inflation, according to James K. Galbraith. However, he asserts, wages are determined not by such market forces, but by what he calls the job structure—a complex set of status and pay […] -
Public Policy Brief Highlight No. 35
Reflecting the Changing Face of America
On the United States’ census form, American citizens are told they may list any ethnic ancestries with which they identify, but are instructed to “mark one only” in the question on race. Joel Perlmann asserts that it is in the public interest to allow people to declare themselves as having origins in more than one […] -
Press Release
Privatizing Social Security: Risks to System Are Greater Than Potential Returns
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Working Paper No. 209
Cumulative Regional Decline, Institutional Inadequacy, and the “Democratic Deficit”
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Working Paper No. 208
On Budget Deficits and Capital Expenditure
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