Political Economy Research Institute - PERI

Political Economy Research Institute - PERI PERI promotes human and ecological well-being through original research. We are an independent unit of UMass, with close ties to the Dept. of Economics.
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Since its founding, PERI has become a leading source of research and policy initiatives on issues of globalization, unemployment, financial market instability, central bank policy, living wages and decent work, and the economics of peace, development, and the environment.

Mission: Our approach is to translate what we learn into workable policy proposals that are capable of improving life on our planet today and in the future. In the words of the late Professor Robert Heilbroner, we at PERI “strive to make a workable science out of morality.”

Operating as usual

Register now for The Guardian's rescheduled live webcast with philosopher and activist Noam Chomsky and PERI's Robert Po...
12/03/2020
Noam Chomsky and Robert Pollin: The Green New Deal

Register now for The Guardian's rescheduled live webcast with philosopher and activist Noam Chomsky and PERI's Robert Pollin, as they discuss their new book "Climate Crisis and the Global Green New Deal." Event airs live tomorrow, Friday, Dec. 4 at 2pm EST.

Philosopher and activist Noam Chomsky and economist Robert Pollin will discuss their new book about the climate crisis.

PERI's James Boyce discusses the advantages of "Universal Property" in an article for Scientific American.
12/01/2020
The Case for 'Universal Property'

PERI's James Boyce discusses the advantages of "Universal Property" in an article for Scientific American.

An idea pioneered by Alaska could inoculate society against extreme inequality

Join live webcast from The Guardian, as Noam Chomsky and PERI's Robert Pollin discuss their new book "Climate Crisis and...
11/20/2020
Noam Chomsky and Robert Pollin: The Green New Deal

Join live webcast from The Guardian, as Noam Chomsky and PERI's Robert Pollin discuss their new book "Climate Crisis and the Global Green New Deal." Wednesday, Nov. 25, 2pm EST.

Philosopher and activist Noam Chomsky and economist Robert Pollin will discuss their new book about the climate crisis.

Register for webinar that begins today at 3pm!With PERI's Robert Pollin and Jeannette Wicks-Lim.
11/10/2020
Welcome! You are invited to join a webinar: The Just Transition in America's Zero-Carbon Action Plan. After registering, you will receive a confirmation email about joining the webinar.

Register for webinar that begins today at 3pm!
With PERI's Robert Pollin and Jeannette Wicks-Lim.

Climate change represents a profound policy challenge to America and the world – requiring a response at a sweeping scale and with unprecedented speed centered on remaking the energy foundations of our society. The move to a clean and renewable energy future must be advanced at the same time Ameri...

Join PERI's Robert Pollin and Jeannette Wicks-Lim as they discuss "The Just Transition in America's Zero Carbon Action P...
11/08/2020
Welcome! You are invited to join a webinar: The Just Transition in America's Zero-Carbon Action Plan. After registering, you will receive a confirmation email about joining the webinar.

Join PERI's Robert Pollin and Jeannette Wicks-Lim as they discuss "The Just Transition in America's Zero Carbon Action Plan," as part of a webinar to support the release of a comprehensive policy report that presents a strategic plan to create a carbon-neutral economy for the United States by 2050.
Click below to register for Tuesday, November 10, 2020
3:00 - 4:00 pm EDT

Climate change represents a profound policy challenge to America and the world – requiring a response at a sweeping scale and with unprecedented speed centered on remaking the energy foundations of our society. The move to a clean and renewable energy future must be advanced at the same time Ameri...

How the Green Revolution Is Harming Africa | by Jayati Ghosh - Project Syndicate
10/29/2020
How the Green Revolution Is Harming Africa | by Jayati Ghosh - Project Syndicate

How the Green Revolution Is Harming Africa | by Jayati Ghosh - Project Syndicate

The COVID-19 pandemic and ongoing climate change should have taught us the importance of resilience. Unfortunately, well-intentioned efforts to improve food security in Africa are instead increasing small farmers’ dependence on global agribusinesses without raising their incomes, and making farmin...

10/20/2020
ReImagine Appalachia

PERI's Robert Pollin discusses new report on Clean Energy Programs for Ohio and Pennsylvania.

PA and OH stand to add over 250,000 jobs each according to PERI study.

An indispensable web resource for anyone frustrated with American politics or worried about the state of our democracy. ...
10/07/2020
Second Rate Democracy

An indispensable web resource for anyone frustrated with American politics or worried about the state of our democracy. Based on a course taught by Douglas J. Amy, Professor Emeritus of Politics, Mount Holyoke College. http://www.secondratedemocracy.com

The United States is the country that democracy left behind. At its founding, the U.S. was on the cutting edge of democracy. Our Constitution rejected rule by kings and pioneered democratic innovations like civil liberties. But in the 200 years since, democratic institutions have continued to evolv

In a point/counterpoint format, PERI's Jeannette Wicks-Lim argues for Medicare for All by presenting estimates showing h...
10/05/2020
PERI - Medicare for All Provides More for Less

In a point/counterpoint format, PERI's Jeannette Wicks-Lim argues for Medicare for All by presenting estimates showing how this program would translate into lower aggregate healthcare expenditures while expanding coverage to all Americans.

>> Read article in Journal of Policy Anaylsis and Management (free untl Nov. 17) in a point/counterpoint format with Joseph Minarik, PERI's Jean...

New journal article by PERI's Gregor Semieniuk and coauthors.
10/02/2020
Low‐carbon transition risks for finance

New journal article by PERI's Gregor Semieniuk and coauthors.

Transition risk drivers can cause economic costs and alter expectations in both sunset and sunrise sectors. Costs and changed expectations impact financial stability. This can impact the macroeconomy...

PERI's Gerald Epstein and Esra Nur Ugurlu, in an article published by Jacobin Magazine's Catalyst journal, address the w...
10/02/2020
PERI - Are Bankers Essential Workers?

PERI's Gerald Epstein and Esra Nur Ugurlu, in an article published by Jacobin Magazine's Catalyst journal, address the ways public banking and finance institutions could transform to meet the challenges of catastrophic climate change, economic exploitation, racial exclusion, and sustainable economic development.

A progressive political agenda calls for public banking and finance institutions (PBFIs) to be widespread and large enough to meet the challenges of c...

PERI's Gerald Epstein addresses the impact of U.S. politics on the global economy and discusses the disconnect between t...
09/21/2020
Understanding the Presidential election’s impact on the domestic and international economy

PERI's Gerald Epstein addresses the impact of U.S. politics on the global economy and discusses the disconnect between the stock market growth and how well the average American family is faring.

(Mass Appeal) – In just a few short weeks we will go to the polls to elect a President. No matter what your political leaning the United States Presidential election has an effect on the U.S.…

09/21/2020
Climate Crisis and the Global Green New Deal, with Noam Chomsky and Robert Pollin

Today at 1pm, watch PERI's Robert Pollin and Noam Chomsky talk about their new book, "Climate Crisis and the Global Green New Deal." Hosted by the NYS Writers Institute/Albany Book Festival, Univ. of Albany.

An Albany Book Festival featured event presented by the NYS Writers Institute Considered the founder of modern linguistics, Noam Chomsky is one of the most c...

PERI's Robert Pollin and Shouvik Chakraborty coauthor a study on how Maine can simultaneously recover from the pandemic-...
09/14/2020
Study: Maine could recover jobs lost in pandemic by hitting climate goals

PERI's Robert Pollin and Shouvik Chakraborty coauthor a study on how Maine can simultaneously recover from the pandemic-caused economic recession and achieve its climate stabilization goals. https://bit.ly/3hvDRVS

A new study from Political Economy Research Institute (PERI) at the University of Massachusetts-Amherst plots a roadmap for how Maine can simultaneously recover from the pandemic-caused economic recession and achieve its climate stabilization goals, creating 22,000 new jobs annually in the process.

Join the first 2020 @UMassEcon Political Economy Workshop tomorrow with the world renown Marxist economist Utsa Patnaik,...
09/10/2020
Utsa Patnaik: Global Food Distribution and Poverty

Join the first 2020 @UMassEcon Political Economy Workshop tomorrow with the world renown Marxist economist Utsa Patnaik, JNU, on the global food distribution crisis!
Register now for free at:

This workshop is a series of seminars by leading political economists from around the world to analyze and discuss the deep global crisis.

PERI's Michael Ash and co-authors find that the American banking sector has collected approximately $19 billion in fees ...
09/08/2020
New Research Brief Finds Banks Have Cashed in $19 Billion in Fees for Processing COVID Relief PPP Loans

PERI's Michael Ash and co-authors find that the American banking sector has collected approximately $19 billion in fees simply for processing Small Business Paycheck Protection Program loans. Read research brief: https://bit.ly/339lelN

A new research brief published by the University of Massachusetts Amherst Political Economy Research Institute has found that through the end of June the American banking sector has collected approximately $19 billion in fees simply for processing Small Business Paycheck Protection Program loans as....

PERI is proud to co-sponsor the 2020-21 Feinberg Series: Planet on a Precipice: Histories and Futures of the Environment...
09/08/2020
Planet on a Precipice – Histories and Futures of the Environmental Emergency

PERI is proud to co-sponsor the 2020-21 Feinberg Series: Planet on a Precipice: Histories and Futures of the Environmental Emergency

Series Overview Scroll Down Mass extinction. Climate chaos. Ecological collapse. The future of life on earth is at stake. What are the roots of this emergency?What can be done? Calendar of Events Free. Online. Open to All. All events will be live & recorded* Zoom, Facebook, YouTube & SoundcloudSpani...

Noam Chomsky and Robert Pollin discuss their new book, "Climate Crisis and the Global Green New Deal" in an interview fo...
09/08/2020
A deal to save the planet

Noam Chomsky and Robert Pollin discuss their new book, "Climate Crisis and the Global Green New Deal" in an interview for Bangkok Post.

The rising temperature of Earth's climate is wreaking havoc on our ecosystems by generating extreme changes in the weather, unresolved seasonal changes, and ecological damage. While there is ample evidence to suggest climate change took place even in prehistoric times, scientists have observed that....

08/27/2020
Maine People's Alliance

PERI's Robert Pollin discusses "A Program for Economic Recovery and Clean Energy Transition in Maine," a study he co-authored with Jeannette Wicks-Lim, Shouvik Chakraborty and Gregor Semieniuk

A farmer, an electrician and a factory owner walked into a Zoom call...

Professor Robert Pollin was joined by economic and environmental stakeholders from across the state today to release a new study showing how Maine can recover from the pandemic-caused economic crisis while achieving the state’s climate stabilization goals and creating 22,000 new jobs.

PERI's Lenore Paladino joins Roosevelt Institute's webinar "Who Are Corporations Accountable To?" this Thursday, Aug. 13...
08/12/2020
Welcome! You are invited to join a webinar: Who are Corporations Accountable to?. After registering, you will receive a confirmation email about joining the webinar.

PERI's Lenore Paladino joins Roosevelt Institute's webinar "Who Are Corporations Accountable To?" this Thursday, Aug. 13, at 2 ET.

One year ago, the Business Roundtable (BRT), chaired by JPMorgan Chase & Co.’s Jamie Dimon, walked back 20+ years of its support of dominant corporate ideology in the U.S. that puts shareholder interests above all others. The BRT called for corporations to promote “an economy that serves all Ame...

In an interview with C.J. Polychroniou for Truthout, PERI's Gerald Epstein discusses how the COVID-19 crisis has exacerb...
08/03/2020
If the Fed Can Bail Out Wall Street, It Can Rescue Public Education

In an interview with C.J. Polychroniou for Truthout, PERI's Gerald Epstein discusses how the COVID-19 crisis has exacerbated funding deficits for public education and how the Federal Reserve can step in to save schools.

Progressive economist Gerald Epstein discusses how the Federal Reserve can step in to save schools.

PERI's Gerald Epstein develops a specific proposal for the Federal Reserve to inject massive levels of emergency funding...
07/09/2020
PERI - The Federal Reserve Public Education Emergency Finance Facility (PEEFF): A Proposal

PERI's Gerald Epstein develops a specific proposal for the Federal Reserve to inject massive levels of emergency funding needed to keep public education institutions afloat at all levels during the crisis.

Funding for public education is being devastated by the pandemic and economic crisis. In this report, PERI researcher Gerald Epstein develops a specif...

𝐏𝐄𝐑𝐈-𝐎𝐒𝐅 𝐑𝐞𝐬𝐞𝐚𝐫𝐜𝐡 𝐏𝐫𝐨𝐣𝐞𝐜𝐭 𝐨𝐧 𝐂𝐚𝐩𝐢𝐭𝐚𝐥 𝐅𝐥𝐢𝐠𝐡𝐭 𝐟𝐫𝐨𝐦 𝐀𝐟𝐫𝐢𝐜𝐚 Offers Two New Papers: "Capital Flight from South Africa: A Case...
07/08/2020

𝐏𝐄𝐑𝐈-𝐎𝐒𝐅 𝐑𝐞𝐬𝐞𝐚𝐫𝐜𝐡 𝐏𝐫𝐨𝐣𝐞𝐜𝐭 𝐨𝐧 𝐂𝐚𝐩𝐢𝐭𝐚𝐥 𝐅𝐥𝐢𝐠𝐡𝐭 𝐟𝐫𝐨𝐦 𝐀𝐟𝐫𝐢𝐜𝐚 Offers Two New Papers: "Capital Flight from South Africa: A Case Study" and "Bitter Chocolate: Wealth Extraction in Côte d'Ivoire."
This series from the African Development Policy Program at PERI is generously supported by the Open Society Foundations and the Friedrich Ebert Foundation. https://bit.ly/2FuwCNp

07/02/2020

PERI's Vamsi Vakulabharanam and Sripad Motiram look at how the bubonic plague and the Spanish flu impacted Bombay in order to develop forward-thinking, long-term responses to COVID-19 and future pandemics.

In an interview with Global Political Economy, published on theAnalysis.news, PERI's Robert Pollin advocates a macroecon...
06/29/2020
Full Employment Will Overcome Neoliberalism & the COVID-19 Jobs Crisis | theAnalysis.news

In an interview with Global Political Economy, published on theAnalysis.news, PERI's Robert Pollin advocates a macroeconomic agenda centered on full employment to deal with the rapidly unfolding jobs crisis created by the COVID-19 pandemic.

Robert Pollin advocates a macroeconomic agenda centered on full employment. The decades long neoliberal attack on the working class is heightened with COVID-19. The world needs a New Deal to counter levels of unemployment and inequality last seen in the Great Depression.

In an article for Progressive International, https://bit.ly/2BbISE0 PERI Co-Director Robert Pollin offers a route from t...
06/26/2020

In an article for Progressive International, https://bit.ly/2BbISE0
PERI Co-Director Robert Pollin offers a route from the Covid-19 crisis to a global Green New Deal that expands decent work opportunities, raises mass living standards, and fights poverty in all regions of the world.

PERI - Left Perspectives on the World and China
06/24/2020
PERI - Left Perspectives on the World and China

PERI - Left Perspectives on the World and China

Viral Politics: Left Perspectives on the World and China PERI's Isabella Weber participates in a webinar that examines U.S.-China tensions follow...

PERI's Michael Ash and Shouvik Chakraborty author a study urging state leaders to increase spending on public higher edu...
06/16/2020
Study shows investment in public higher ed will boost economy

PERI's Michael Ash and Shouvik Chakraborty author a study urging state leaders to increase spending on public higher education to address the immediate financial crisis accompanying the COVID-19 pandemic and to build a more just and equitable economy in the Commonwealth.

A recently completed study urges state leaders to increase spending on public higher education to address the immediate financial crisis accompanying the COVID-19 pandemic and to build a more just and equitable economy in the Commonwealth.

06/15/2020
Institute for New Economic Thinking

In an animation produced by Institute for New Economic Thinking, PERI's Nancy Folbre shows how nearly half of all work done in this country is ignored by economists. She argues that we need to create better measures of non-market income, consumption and investment.

What counts as work and what doesn't? Nancy Folbre shows how nearly half of all work done in this country is ignored by economists. She argues that we need to create better measures of non-market income, consumption and investment.

"Keynes Against Capitalism," by PERI's James Crotty is the subject of an essay by Gary Mongiovi for Catalyst. Professor ...
06/01/2020
Was Keynes a Socialist?

"Keynes Against Capitalism," by PERI's James Crotty is the subject of an essay by Gary Mongiovi for Catalyst. Professor Mongiovi says, "Crotty shows us how a penetrating, vigorous, and humane intellect tackled questions that have a crucial bearing on debates we are still having about what our socioeconomic institutions ought to do for us and what they ought to look like."

In Keynes Against Capitalism, James Crotty describes John Maynard Keynes’s powerful case for a form of democratic socialism in which most large-scale investment would be undertaken by the state. This essay argues that Crotty’s interpretation of Keynes has a great deal of merit: Keynes’s...

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Comments

Medical for all is a no brainer. First greed and health insurance companies have to be removed from the equation.
Anybody doing a study/article, or curious about facts on a neighborhood etc may find this resource interesting. This is the most detailed public health data on a granular scale. Go to the website, select Chicago and hover the mouse over each neighborhood. Keep clicking to get more detail in the map. LIFE OR DEATH: MAP: WHAT STORY DOES YOUR NEIGHBORHOOD’S LIFE EXPECTANCY TELL? By Dan Kopf & Daniel WolfeDecember 12, 2018 There is perhaps no better measure of a place’s quality of life than how long its residents are expected to live. Life expectancy reflects a neighborhood’s safety, the quality of its health care, its environment, and the wealth and mental health of the people who live there. With that in mind, it’s worth paying close attention to the recent drop in US life expectancy, caused primarily by an increase in drug overdoses and suicides. It suggests a decline in the country’s overall well-being in a way that economic statistics can’t gauge. But in a country with a population of 330 million people spread across 50 states, there’s plenty of room for variation in the conditions in which people live.
" India’s Economic Vision 2022 can lift living standards of South Asia " It is time for the neighbouring countries to realize that if India’s GDP grows at 9% in the next 20 to 30 years, then the per capita income will also rise, from US$ 1500 to US$ 7000 per annum, according to the report by Price WaterhouseCoopers, which will significantly enable them to reach a higher income level, write Srimal Fernando and Megha Gupta for South Asia Monitor. ( India)
Learning for social services by Economics in 21st century of the technological advantage in our modern life. That is a very important issue for the update people. Because Economists are changing the world system by the Green Sustainable Development. :)