December 3, 2007
Dean Baker spoke at a conference in Amsterdam called "In Search of Progressive America." The conference was organized by the Wiardi Beckman Foundation,
which is the Dutch Labor Party think-tank. At the conference, Dean
discussed current globalization policy and the prospects of significant
changes in a future Democratic administration. Other speakers at the
conference included Wouter Bos, the vice prime minister and leader of the Labor Party and Bert Koenders, the Netherland's minister for international cooperation and development.
November 15, 2007
The current issue of the British Journal of
Industrial Relations (BJIR) contains a revised version of an April 2006
CEPR briefing paper, "Changing Patterns in the Relative Economic Performance of Immigrants to Great Britain and the U.S., 1980-2000,"
(subscription required) that was written by CEPR economist John Schmitt
and Jonathan Wadsworth. In the paper, they compare the relative labour
market performance of immigrants in the USA and in Britain over the
period 1980–2000, when the stocks of immigrants were rising in both
countries alongside differential shifts in demand and changes to labor
November 9, 2007
"The Housing Bubble: We Were Warned"
Dean Baker was be the keynote speaker at the 24th annual meeting of the
JOBS NOW Coalition on Friday, November 9th. The meeting ran from 3 to 6
p.m. at the Lakes & Plains Regional Council of Carpenters and
Joiners, 710 Olive St., St. Paul, MN. For more information, please
visit the JOBS NOW website.
November 6, 2007
The D.C. Employment Justice Center
organized a rally in support of The Paid Sick and Safe Days Act of 2007
(B17-0197). The bill would require employers operating in Washington,
DC to provide 10 days of paid leave to their employees for the purposes
of tending to physical or mental illness, preventive medical care,
family care, parental leave, and absences associated with domestic
violence or sexual violence. Speaking at the event on behalf of the
legislation were several DC council members, a small business owner,
several employees of locally operated businesses, as well as Ed Lazere
of the DC Fiscal Policy Institute.
The speakers depicted the legislation as invaluable for the health and
well being of DC working people in addition to being advantageous to
the interests of business. Domestic Intern Joshua Lanier was in
November 4, 2007
Senior economist, John Schmitt traveled to the University of North Carolina at Chapel Hill where he attended a conference on Wealth Inequality and the Eroding Middle Class.
He spoke on a panel titled: Rising Wealth Inequality: Why We Should
Care. The panel discussed domestic and global wealth inequality
patterns and their implications. It was moderated by Lisa Keister,
Professor of Sociology at Duke University and included Joel Handler
(UCLA); Lingxin Hao (Professor, Johns Hopkins University); Mark Rank
(Professor, Washington University in St. Louis), and Alan Reynolds
(Senior Fellow, Cato Institute).
November 3, 2007
Director of International Programs, Deborah James spoke on a panel on comparative constitutional reform in Latin America at the National Lawyers Guild Convention in Washington, D.C.
October 16, 2007
Heather Boushey spoke on a panel
that explored the trend of media stories that show working mothers as
either leaving their careers or dreaming of doing so. The discussion
was moderated by E.J. Graff, a senior researcher at Brandeis
University, and also included Joan Williams, Distinguished Professor of
Law, University of California; Ellen Bravo, author of Taking On the Big Boys: Why Feminism Is Good for Families and Business and the Nation; and Linda Hirshman, lawyer and professor emeritus at Brandeis University.
October 9, 2007
Dean Baker live-blogged the Republican presidential debate for the New York Times,
along with two other economists - Russell Roberts, professor of
Economics at George Mason University, and William Niskanen, with the
September 17, 2007
While in London, Mark Weisbrot gave another talk titled "The Venezuelan Social Economy: The Optimistic Scenario" at Canning House,
which is home to the Foreign Office, Latin American embassies and
business journalists. More details on Mark's trip - including his time
in Madrid, Spain - to come.
September 15, 2007
Mark Weisbrot went to London, England where he spoke at the Annual General Meeting of Compass.
Mark was on a panel with Neal Lawson, the founder of Compass and John
Crudass, a Labor MP, and he spoke on issues including the lessons of
economic progress and political change in Latin America, and the
prospect for progressives in the forthcoming US Presidential election.
September 5, 2007
Nobel Prize-winning economist James Heckman wrote a commentary
in the journal "Capitalism and Society" praising Dean Baker and John
Schmitt's work in a co-authored piece, "Are Protective Labor Market
Institutions at the Root of Unemployment? A Critical Review of the
August 31, 2007
John Schmitt, Dean Baker, Mark Weisbrot, David Rosnick and Ben Zipperer contributed CEPR publications to a new book, "Neoliberalism, Globalization and Inequalities: Consequences for Health and Quality of Life". Chapter titles include:
- "Is Globalization Undermining the Welfare State? The Evolution of the Welfare State in Developed Capitalist Countries"
- "The Scorecard on Development: 25 Years of Diminished Progress"
- "Economic Efficiency versus Social Equality? The U.S. Liberal Model versus The European Social Model"
- "Is the United States a Good Model for Reducing Social Exclusion in Europe?"
- "Labor Markets and Economic Inequality in the United States Since the End of the 1970s"
August 20, 2007
Dean Baker went to Charleston, West Virginia to talk with several
members of the state House and Senate about the advantages of a
state-run system of voluntary retirement accounts similar to the one
that Washington State is implementing. Dean also testified before the
U.S. Senate pension committee on the topic. In the evening, he spoke to
an overflow crowd at a local bookstore about his book, The Conservative Nanny State: How the Wealthy Use the Government to Stay Rich and Get Richer.
August 3, 2007
A new book, Bad Samaritans, by CEPR Senior Research Associate and Cambridge University professor Ha-Joon Chang sparked a debate on development and macroeconomic policies on the Financial Times website. Economists including Edmund Phelps, Nobel laureate in Economics, Anne Krueger, former First Deputy Managing Director of the IMF, and others wrote responses to a book review by Martin Wolf, Financial Times Chief Economics Commentator. Chang responded as well.
July 31, 2007
Mark Weisbrot spoke on freedom of the press in Latin America as part of a panel at a National Press Club event
that included journalists from Mexico and Venezuela and representatives
from the Due Process of Law Foundation and the Washington Office on
July 30, 2007
Mark Weisbrot was invited to speak by the Heinrich Böll Foundation as part of the foundation's Summer School on Gender and Macroeconomics
. He discussed the role of international financial institutions (IFI's)
in the long-term economic failure of developing countries.
July 24, 2007
Dean Baker debated C. Eugene Steuerle, senior
fellow at the Urban Institute, on the questionable urgency of Social
Security reform. The event, hosted by the Urban Institute, was very
well attended and the two discussed such topics as spousal benefits,
the role of health care costs, and increasing the age of retirement.
Both agreed to promoting honesty and accuracy in the Social Security
July 19, 2007
Over 30 DC-area residents (and some of their
children) attended a screening of "The Motherhood Manifesto"
co-sponsored by CEPR. Steffany Stern, National Partnership for Women
and Families, introduced the film and gave an overview of proposed
state and national legislation to set a minimum number of paid sick
days for workers. After the film, Liz Chimienti moderated a discussion
with Karen Minatelli, DC Employment Justice Center, on local campaigns
to improve work/family balance, including the Paid Sick and Safe Days
Act of 2007.
July 15-22, 2007
The Russell Sage Foundation
has asked John Schmitt to join a group of researchers from five
European countries who have been looking at low-wage work in Europe.
John will be participating in a week of project meetings in New York
City with the goal of producing a book-length report of the main findings, including possible lessons for the United States.
July 11, 2007
Heather Boushey spoke to U.S. Census Bureau
staff on the Bridging the Gaps project and methodology. The final
project will be released this fall.
July 9, 2007
Heather Boushey testified in front of the DC
City Council Workforce Development and Government Operations Committee
on the impact of the Paid Sick and Safe Days Act of 2007, which would require employers to provide paid sick days to all workers in the District.
June 29-30, 2007
At the annual meeting of the Society for the
Advancement of Socio-Economics (SASE) in Copenhagen, Denmark, John
Schmitt gave a talk on low-wage employment in the United States. The
workshop he participated in, sponsored by the Russell Sage Foundation,
compared low-wage work in the United States with the situation in
Denmark, France, Germany, the Netherlands, and the United Kingdom. Over
500 academics from Europe and the United States took part in the SASE
and Liz Chimienti traveled to Des Moines, IA where State Senator Jack
Hatch and State Representatives Wayne Ford and Ako Abdul-Samad joined
Elaine Ditsler of the Iowa Policy Project in releasing Bridging the Gaps in Iowa. Eight media outlets attended the press conference and stories have run in the Sioux City Journal, Quad City Times , Mason City Globe Gazette, Cedar Rapids Gazette,
and Radio Iowa. Heather Boushey and Elaine Ditsler also discussed the
findings in a meeting with state legislators and administrators, and in
a workshop at the 2007 Iowa Community Action Annual Training
Conference. A big thank you to Kristi Lohmeier of Iowa Policy Project
for setting up these very successful meetings!
June 29, 2007
June 8, 2007
Dean Baker gave a presentation on Corporate Taxes and Double Standards at the Taming the Giant Corporation
conference organized by the Center for the Study of Responsive Law. He
discussed how corporations and the wealthy have devised ways to avoid
paying taxes and have changed the tax rules to their benefit —
resulting in more taxes for everyone else. He was joined on his panel
by Katie Redford, Co-Founder and US Office Director of EarthRights
International, and Lucy Komisar, Founder of the Komisarscoop.com and
co-chair of Tax Justice Network-USA.
June 4, 2007
Mark Weisbrot presented on a panel entitled Globalization: Understanding the Debate for the World Affairs Journalism Fellowships
Orientation, sponsored by the International Center for Journalists. In
his presentation, Mark discussed the importance of accuracy in
reporting on economic issues and talked about some common
misperceptions and biases in media reports on the global economy. He
was joined by fellow panelist Joseph Quinlan, Fellow, Center for
Transatlantic Relations at the Johns Hopkins Paul H. Nitze School of
Advanced International Studies (SAIS). Toby McIntosh, Managing Editor
of the Daily Report for Executives, moderated the panel.
June 1, 2007
CEPR hosted two events
with Pablo Solón Romero Oroza, Plenipotentiary Representative for
Integration and Trade Issues, Bolivian Ministry of Foreign Relations.
CEPR sponsored a press breakfast on May 31 and a public presentation on
June 1, on foreign investment in Bolivia. Much of the discussion
focused on Bolivia’s precedent-setting move to withdraw from the
investment dispute settlement arm of the World Bank, the International
Center for the Settlement of Investment Disputes (ICSID). CEPR
co-Director Mark Weisbrot introduced Ambassador Solón at both events
and also provided background information on some of the issues.
The right of investors to sue governments directly, including for
governmental regulatory actions that may diminish their profits, is a
recent phenomenon, which the vast majority of such cases having been
filed in just the last five years. It was a significant shift of power
from governments to corporations, and one that some of the new
democracies in Latin America seek to reverse, as they reclaim control
over their natural resources and respond to the demands of their
Among those attending the press breakfast were reporters from the Wall Street Journal, Reuters, Associated Press, Washington Trade Daily, the Spanish News Agency EFE, and by phone from South America, Bloomberg News and CNN.
Pablo Solón Romero Oroza (at right) sits down with journalists to
discuss the investment climate in Bolivia, May 31, 2007. At left is
CEPR Co-Director Mark Weisbrot.
May 24, 2007
Over 400 social scientists signed a letter
urging Congress to continue funding the Survey of Income and Program
Participation (SIPP). The President's FY08 budget would eliminate
funding for the survey. The SIPP provides critical information on the
effectiveness of Medicaid, Social Security, Food Stamps, unemployment
insurance and other programs. CEPR coordinated the sign-on letter.
May 22, 2007
Dean Baker was in the San Francisco Bay Area to talk about his two recent books, The United States Since 1980 and The Conservative Nanny State.
May 16, 2007
CEPR co-hosted a conference on The 10th Anniversary of the Asian Financial Crisis
with the Woodrow Wilson International Center for Scholars and the
Sasakawa Peace Foundation. Mark Weisbrot spoke about the links between
globalization and the financial crisis; John Schmitt chaired a panel on
the global economy. Watch the video >
Mark Weisbrot discusses the lessons learned from the Asian Financial Crisis, May 16, 2007.
Schmitt moderates a panel with Nelson Barbosa from the Brazilian
Ministry of Finance; Ilene Grabel from the University of Denver; and
Worapot Manupipatpong of ASEAN.
May 7, 2007
Mark Weisbrot is in New York today participating in the Cornell Global Labor Institute conference, A North American Labor Assembly on Climate Crisis. He's speaking on the panel, A Question of Balance: Work Styles, Working Hours and a Low-Carbon Future.
April 30, 2007
The Center for Economic and Policy Research has had a busy year so far! Check out the latest CEPR Update for highlights of our activities since January.
April 20-21, 2007
John Schmitt traveled to London to present at the European Low-Wage
Employment Research Network (LoWER) Workshop on Migration, at the
Centre for Economic Performance (CEP) of the London School of
Economics. Together with CEP's Jonathan Wadsworth, he will lead an
"Institutions and Immigration" session, and speak at a "Women and
Immigration" session. Click here to see the conference's program.
April 18, 2007
Audio and video files are now available for two
events on the IMF and World Bank hosted by the Center for Economic and
Policy Research. See: Five Years of Extraordinary Economic Growth and Poverty Reduction in Argentina (Felisa Josefina Miceli and Mark Weisbrot) and Global Imbalances, Power Shifts and the Future of Multilateralism (Joseph Stiglitz, José Antonio Ocampo and Mark Weisbrot).
Nobel Laureate economist and CEPR Advisory Board member Joseph
Stiglitz speaks at CEPR's panel discussion on global imbalances, April
Edmund Andrews, José Antonio Ocampo, Mark Weisbrot and Joseph Stiglitz respond to audience questions.
April 17, 2007
Heather Boushey testified today before the Equal Employment Opportunity
Commission (EEOC) on work/family policies. She discussed the need for
policies that help workers address their family demands, such as child
care or paid time off, but we need Congressional action to make
employers adapt. Read her testimony at: Perspectives on Work/Family Balance
April 5, 2007
Dean Baker discussed the current state of international lending and
international financial institutions (IFI’s) as part of an opening
panel at the Inaugural North American IFIWatchers
meeting in Washington, DC. He was joined on the panel by Smitu Kothari,
Intercultural Resources and Princeton University, and Bruce Rich of
Environmental Defense. Manish Bapna, Executive Director of the Bank
Information Center, moderated the discussion, which was attended by
over 40 representatives of organizations working on IFI issues.
March 28, 2007
Heather Boushey and Liz Chimienti met with a dozen researchers in
Seattle to discuss the methodology and initial findings for the
Bridging the Gaps project. The meeting was coordinated by our project
partner, Seattle Jobs Initiative. The Washington state report will be released this summer.
March 21-22, 2007
The Bridging the Gaps
project is picking up steam in New York. Working with the Fiscal Policy
Institute (FPI), Heather Boushey and Liz Chimienti presented the
project's research goals and received helpful feedback from over 30
researchers and advocates in Albany and New York City. In addition,
FPI's Deputy Director James Parrott arranged for Heather and Liz to
brief the staff of New York City's Center for Economic Opportunity on
the project — and the possibility of generating specific data for New
York City. Given the large population of city, Bridging the Gaps
researchers believe it may be feasible to get that level of detail
(with relatively large standard errors). Over the next few weeks, the
Bridging the Gaps team will incorporate recent feedback and finalize
the New York state research. The Fiscal Policy Institute will work with
its allies to determine when and how the New York state report will be
March 13, 2007
In response to President Bush's trip to Latin America, CEPR's
international team -- Dan Beeton, Jeremy Bigwood, Belen Cadena, Luis
Sandoval and Mark Weisbrot -- has been busy providing analysis and
commentary on the Latin American economy. See press interviews and
other resources on our Latin America webpage.
March 11, 2007
In a presentation at the 23rd Annual Washington Economic Policy Conference, Dean
Baker discussed the effects that the housing bubble has on mortgages
and potentially will have as prices return to historically-standard
levels. Other members of the panel were
Douglas Ducan, Chief Economist, Mortgage Bankers Associaiton of
America, and Anthony Yezer, Professor of Economics at the George
Washington University. The panel was moderated by Carl Tannenbaum,
Chief Economist, LaSalle Bank. The
National Association for Business Economics and the Association for
University Business and Economic Research hosted the conference.
March 10, 2007
Mark Weisbrot spoke at the fifth annual Ecumenical Advocacy Days in
Crystal City, VA, on the economic and political changes taking place in
Latin America. Over 1,000 international faith leaders and activists
were part of the four-day event.
February 23, 2007
Mark Weisbrot spoke at a briefing on the World Trade Organization (WTO)
for Congressional staff. He discussed the shrinking gains from trade
that are to be expected from a successful Doha Round of WTO
negotiations, and weighed them against the potential losses to
developing countries. Mark pointed out that - according to the World
Bank's research - developing countries have very little to gain from
the further trade liberalization that would be required under the Doha
Round, while they would meanwhile have to make costly changes,
including adopting new rules and tariff reductions that would limit
their development options.
February 21, 2007
Dean Baker discussed his book, The Conservative Nanny State: How the Wealthy Use the Government to Stay Rich and Get Richer, at the Modern Times Bookstore in San Francisco.
February 15, 2007
As part of CEPR's Bridging the Gaps initiative, the Chicago-based organization Heartland Alliance released its 2007 Report on Illinois Poverty.
The report describes income gains for poor and middle-income Illinois
families, including eligibility gap findings for food stamps, housing
support and TANF. Bridging the Gaps
is a partnership of state and national groups that measures how much it
costs for families to make ends meet -- and examines how they are
coping. The partner states are Illinois, Iowa, Massachusetts,
Minnesota, New York, North Carolina, Ohio, Texas, Washington and the
District of Columbia.
February 15, 2007
CEPR is expanding! We are excited to announce a new partnership with Inclusion. Through
policy papers, research, op-eds and a blog, Inclusion advances a
progressive long-term vision for producing a fairer, more sustainable
world -- including improved wages, job quality, benefits, opportunities
and more. Inclusion co-founders Shawn Fremstad, Rachel Gragg and Margy
Waller have, between them, worked for the White House Domestic Policy
Council in the Clinton Administration, Senator Paul Wellstone, the
Center on Budget and Policy Priorities, the Brookings Institution and
the Center for Community Change.
February 7, 2007
CEPR is pleased to welcome a new Senior Research Associate, economist
Roberto Frenkel. He is Principal Research Associate at the State and
Society Research Center (Centro de Estudios de Estado y Sociedad—CEDES)
and Professor at the University of Buenos Aires (Universidad de Buenos
Aires) in Buenos Aires, Argentina. Today, CEPR released his article, Argentina: The Central Bank in the Foreign Exchange Market. The original article (in Spanish) was published in La Nación on December 31, 2006. For more information on Roberto Frenkel, see his biography or his full CV (in Spanish).
February 2, 2007
Heather Boushey moderated a panel on work/family class issues at a Barnard College conference, The Work/Family Dilemma: A Better Balance.
The event featured a variety of speakers discussing low-income working
women, the difficulties they face in supporting their families, and
future policy proposals.
January 31, 2007
Dean Baker submitted testimony to the House Ways and Means Committee hearing, The Causes of Economic Hardship for the Middle Class. Dean
argues that the upward redistribution of wealth over the last 25 years
was primarily the result of policy changes and not simply the natural
workings of the market. He discusses four policy areas that should be
improved: trade and immigration, Federal Reserve Board,
labor-management, and corporate governance.
January 30, 2007
After a year of drafting letters and organizing researchers to oppose
the elimination of the Survey of Income and Program Participation
(SIPP), we are pleased that Congress has fully funded the SIPP for
another year. More on the SIPP can be found at http://www.ceprdata.org/savesipp/index.php.
January 29, 2007
Mark Weisbrot participated in a Financial Times online chat on Venezuela with FT's Latin America editor Richard Lapper and economist Francisco Rodríguez (includes transcript).
January 24, 2007
CEPR Board Member Peter Barnes, co-founder of Working Assets, came to Washington, DC this week to discuss his new book, Capitalism 3.0: A Guide to Reclaiming the Commons. At
the bookstore cafe Busboys and Poets, he talked about his vision for
fixing capitalism to protect the commons and share resources for
environmental and social goods.
CEPR Director of Finance and Administration Nicole Woo presents Peter Barnes with a CEPR t-shirt.
January 24, 2007
At a press breakfast in Washington, DC, Mark Weisbrot discussed the
state of U.S.-Latin American relations with Dr. Riordan Roett, Director
of Western Hemisphere Studies for the Johns Hopkins Paul H. Nitze
School of Advanced International Studies (SAIS). They examined how a
new wave of Latin American leaders is changing the face of the region
and its relations with the U.S., multilateral institutions,
international financial markets, and foreign investors, while at the
same time, U.S. influence in the region has waned significantly under
the Bush administration. Audio files available.
January 22-24, 2007
CEPR's Heather Boushey and Liz Chimienti joined John Quinterno from the North Carolina Budget and Tax Center to discuss
the Bridging the Gaps project with researchers and advocates in
Raleigh, Charlotte and Asheville, NC. Heather presented initial
findings on the number of people eligible and receiving six public work
supports in North Carolina. She also received feedback on the project
from several of the governor’s staff. The trip was covered in the Asheville Citizen-Times.
January 9, 2007
Dean Baker and Heather Boushey traveled to Chicago last week to
participate in the Allied Social Sciences Association (ASSA)
conference. Heather gave two presentations. In the first, she joined
Randy Albelda from the University of Massachusetts-Boston to present
the initial findings of the Bridging the Gaps project: Bridging the Gaps: Can Single Mothers Package Earnings and Government Benefits to Make Ends Meet? Heather's second talk, The Wage-Curve: Cognitive Ability, Schooling, Race, Unemployment Probabilities and the Black-White Wage Gap, was presented with William M. Rodgers, III from Rutgers University and William E. Spriggs from Howard University.
January 5, 2007
For the next six weeks, John Schmitt will be
working for CEPR from Barcelona, where he will be teaching at the
Pompeu Fabra University. John has been a visiting professor there since
1999. This year he'll be giving two courses, one on political economy
and another on labor markets.