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Δημήτρης Β. Παπαδημητρίου: Στο 34% θα φτάσει η ανεργία με το πρόγραμμα της τρόικας
Avgi, 29 Ιουλίου 2013. Με επιφύλαξη παντός δικαιώματος. Ανόητη και αναξιόπιστη χαρακτηρίζει τη λεγόμενη θεωρία της “επεκτατικής λιτότητας”, η οποία εφαρμόζεται με καταστροφικά αποτελέσματα στην ελληνική οικονομία, ο πρόεδρος του διάσημου Οικονομικού Ινστιτούτου Levy, Δημήτρης Β. Παπαδημητρίου, μιλώντας στην “Αυγή”. Όπως τονίζει, αν η σημερινή πολιτική δεν αλλάξει, η ανεργία όχι μόνο δεν θα μειωθεί […]
Conference Proceedings
Building a Financial Structure for a More Stable and Equitable Economy
A conference organized by the Levy Economics Institute of Bard College with support from the Ford Foundation The 2013 Minsky Conference addressed both financial reform and poverty in the context of Minsky’s work on financial instability and his proposal for a public job guarantee. Panels focused on the design of a new, more robust, and […]
Press Release
Spectacular Failure of “Expansionary Austerity” Policies Has Set Greece on Path Worse than Great Depression, Levy Study Says
Blog
The “Success” of the Greek Bailouts
On the face of it, the troika’s (ECB/IMF/EU) bailouts of Greece, with their attendant demands for budget austerity, privatization, and labor market reforms, have failed and failed again — whether we’re talking about basic material well-being or debt ratios: Currently, the official unemployment rate stands at 27 percent, while youth unemployment is above 62 percent [...]
Blog
What’s the Economic Impact of a Pathway to Citizenship?
The Congressional Budget Office’s analyses of the Senate immigration bill were a boon (at least rhetorically) to those pushing for comprehensive immigration reform. The CBO estimated the bill would produce some significant budgetary savings and a macroeconomic boost, helping undermine the argument that comprehensive reform would prove too costly. However, the Senate bill contains some [...]
The Greek Catastrophe and a Possible Way Out
Open Democracy, July 24, 2013. All Rights Reserved. The lead author of a major econometric analysis of the Greek economic crisis discusses the disastrous outcomes of the policies enforced on Greece by its international lenders, and the IMF’s admission that it made serious errors in its assessment of the impact of austerity on the Greek economy and […]
One-Pager No. 39
The Impact of a Path to Citizenship on the US Economy and Social Insurance System
Comprehensive immigration reform has long eluded Congress. Although the Senate recently passed a bill—S. 744, or the Border Security, Economic Opportunity, and Immigration Modernization Act—that would take significant steps toward comprehensive reform, it is currently being held up in the Republican-controlled House. The sticking point? The “path to citizenship” provision for undocumented immigrants included in […]
Blog
Papadimitriou on New Austerity Measures in Greece (Greek)
Dimitri Papadimitriou, Levy Institute president and one of the coauthors of a new macroeconomic report on the Greek economy, appeared on Skai TV to discuss the new austerity measures passed by that country’s parliament last week. Segment (in Greek) begins at 36:00.
Policy Notes No. 6
A Failure by Any Other Name
Research Associate and Policy Fellow C. J. Polychroniou argues that a political solution based on a new economic vision is needed to bring an end to the Greek crisis. Polychroniou observes that what began as a financial crisis has been transformed into a full-fledged economic and social crisis by the neoliberal policies of the International […]
Fed President James Bullard at the Minsky Conference in New York: Monetary policy “too blunt” to lower high unemployment levels.
Blog
International Conference on Applied Business and Economics
October 2—4, 2013 International Conference on Applied Business and Economics The Levy Institute is cosponsoring the 2013 edition of the International Conference on Applied Business and Economics (ICABE), which will be held in Manhattan at the John Jay College of Criminal Justice, City University of New York. The main goal of this annual conference is [...]
MME, July 21, 2013