CEPR

May 25, 2011

How Federal Reserve Policies Add To Hard Times At The Pump

1:30pm
Rayburn House Office Building
Room 2247
45 Independence Ave SW
Washington, DC 20219

CEPR Co-Director Dean Baker testified at a Congressional hearing on Fed policies and high gas prices, held by the Subcommittee on Regulatory Affairs of the Committee on Oversight and Government Reform. A video of the hearing is available below or after the jump.

May 23, 2011

Is There a Public Pension Crisis?

12:00-1:00pm
National Press Club
529 14th Street NW
Washington, DC 20045

Estimates of state and local government liabilities owed to public pension beneficiaries range from hundreds of billions of dollars to more than $3 trillion. Experts disagree over the proper assumptions for measuring these liabilities. Usually a long-term problem, now governments are seeing near-term negative effects on their budgets. How important is pension reform for the fiscal health of state and local governments? Does the public pension situation constitute a crisis? And if so, what steps should we be taking to address it? All these questions were discussed and debated in this forum (video). Panelists included Josh Barro (Walter B. Wriston Fellow & Editor of PublicSector.org at the Manhattan Institute), Andrew Biggs (Resident Scholar at the American Enterprise Institute), Dean Baker (Co-Director of the Center for Economic and Policy Research), and Elizabeth McNichol (Senior Fellow at the Center for Budget and Policy Priorities). This event was moderated by Charles Lane of the Washington Post.


May 24, 2011

Sustainable Capitalism: A Symposium

Noon
Healy Hall
Georgetown University
37th & O Streets NW
Washington, D.C. 20007

The Kalmanovitz Institute, Georgetown University and the Rutgers School of Management and Labor Relations sponsored a symposium titled "Sustainable Capitalism." CEPR Co-Director Dean Baker took part in a discussion with Andy Stern, Georgetown Public Policy Institute and William Greider, The Nation Magazine. The symposium's agenda can be found here.

May 11, 2011

Women's Job Loss in the Recession and Recovery: Why are Men Gaining More Jobs than Women?

Noon
The National Committee to Preserve Social Security and Medicare
10 G Street, NE
Washington, D.C. 20002

As part of the Roundtable on Women and the Economy's next meeting, CEPR Senior Economist Eileen Appelbaum took part in a discussion on job loss in the recession and how it has affected women. Other participants included Heather Boushey from the Center for American Progress and Heidi Shierholz from the Economic Policy Institute. Martha Burk, director of the Corporate Accountability Project, National Council of Women's Organizations, and former Senior Policy Adviser for Women's Issues to Governor Bill Richardson of New Mexico, also spoke about "New Mexico's Contract Compliance Program: Achieving Pay Equity for Women."

Presentation (.ppt)

May 9, 2011

Federal Reserve for the 21st Century: Employment, Consumer Protection, and the Future of Financial Regulation

9:10 a.m. - 10:10 a.m.
New America Foundation
1899 L St NW, Suite 400
Washington D.C., DC 20036

Despite recent job growth numbers, uncertainty continues to pervade the economy. This will challenge the Federal Reserve Board of Governors to manage a complex balance sheet. Further complicating the landscape is the subsequent role of a new Financial Stability Oversight Board and the work-in-progress of implementing Dodd-Frank financial reform. Much responsibility for overseeing the functioning of a dynamic, stable, and sustainable economy will remain with the Federal Reserve. The Roosevelt Institute held an event on the future of the Federal Reserve, day two of a two-day event. CEPR Co-Director Dean Baker took part in a discussion on "Restoring Growth and Full Employment." A video of the event is available below or after the jump.

May 13, 2011

Crossing the American Crises: From Collapse to Action

7:00 p.m. - 9:00 p.m.
Festival Center
1640 Columbia Road, NW
Washington D.C., DC 20009

From the makers of Beyond Elections, this new feature-length documentary takes viewers across the country amidst the economic collapse, to the grassroots solutions in the hands of the people. On September 15, 2008, the United States fell into the worst financial crisis since the Great Depression. The same day filmmakers Sílvia Leindecker and Michael Fox set out on a trip around the country to ask the "American" people what they had to say about it. In 2010, they went back to see how things had changed. While financial forecasters say the recession is over, Leindecker's and Fox’s Crossing the American Crises: From Collapse to Action shows that the reality is otherwise.

May 2, 2011

Latin America in the Obama Years: U.S. Intervention, Policy and Progress

7:00 p.m.
University of Wisconsin, Milwaukee Union
Room 191
3400 North Maryland Avenue
Milwaukee, WI 53211-2903

CEPR Co-Director Mark Weisbrot took part in a discussion on Latin America and U.S. policy toward the region, as well as Oliver Stone's documentary "South of the Border." Stone recruited Mark to help provide deeper background on the film. They began their journey at the northern end of the continent in Venezuela, spending several days interviewing Venezuela’s President Hugo Chávez before heading south to interview other progressive heads-of-state including Evo Morales (Bolivia), Lula da Silva (Brazil), Cristina Kirchner (Argentina), Fernando Lugo (Paraguay), Rafael Correa (Ecuador), and Raúl Castro (Cuba), among others. Out of these interviews emerged an entertaining and trenchant exposé of the mainstream media, and an invigorating portrait of a continent at the cross-roads of change and a new generation of leaders with a collective determination to set their own political course. The event was sponsored by the Latin America Solidarity Committee Milwaukee; Progressive Students of Milwaukee; & Peace Action Wisconsin, www.peaceactionwi.org. For more information, call 414-507-3745.

May 5, 2011

Leaves that Pay: Employer and Worker Experiences with Paid Family Leave in California

6:00 p.m. - 8:00 p.m.
UCLA Labor Center
675 South Park View Street
Los Angeles, California, 90057

A study by CEPR Senior Economist Eileen Appelbaum and Ruth Milkman, professor of sociology at the City University of New York (CUNY) Graduate Center and academic director of CUNY's Murphy Labor Institute, shows that California’s Paid Family Leave program – which offers paid leave to workers when they take time off to care for a new child or sick family member – has received high marks from employers and employees alike since its implementation six years ago. The authors call for an expansion of Paid Family Leave to build on its early successes, and for efforts to promote increased awareness of it across California.

May 6, 2011

Leaves that Pay: Employer and Worker Experiences with Paid Family Leave in California

12:30 p.m. - 2:00 p.m.
UC Berkeley School of Law
Goldberg Room
215 Boalt Hall
Berkeley, California, 94704

A study by CEPR Senior Economist Eileen Appelbaum and Ruth Milkman, professor of sociology at the City University of New York (CUNY) Graduate Center and academic director of CUNY's Murphy Labor Institute, shows that California’s Paid Family Leave program – which offers paid leave to workers when they take time off to care for a new child or sick family member – has received high marks from employers and employees alike since its implementation six years ago. The authors call for an expansion of Paid Family Leave to build on its early successes, and for efforts to promote increased awareness of it across California.

April 24, 2011

FDL Book Salon: 23 Things They Don't Tell You About Capitalism

2:00 p.m. PST
Firedoglake

We may like or dislike capitalism, but surely we all know how it works. Right? Wrong. Today, most arguments about capitalism are dominated by free-market ideology and unfounded assumptions that parade as "facts." With the help of the "Dead Presidents" on the dollar bills, Walt Disney's "The Rescuers," an Indian bus driver named Ram, and sheep-burning French farmers, Ha-Joon Chang's new book, "23 Things They Don't Tell You About Capitalism" (Bloomsbury USA, January 2011), tells the story of capitalism as it is and shows how capitalism as we know it can be, and should be, made better. Ha-Joon, a senior research associate at the Center for Economic and Policy Research, took part in an online book salon on Firedoglake hosted by Jon Jeter, journalist and author of "Flat Broke in the Free Market: How Globalization Fleeced Working People." Visit Firedoglake for more info.

April 27, 2011

The Politics of the Nation’s Debt

6:30 p.m.
University of Virginia
Special Collections Library
Harrison Auditorium
105 Emmet St N
Charlottesville, Virginia 22903

The University of Virginia Center for Politics held a forum called "The Politics of the Nation’s Debt" to discuss the present-day politics and economics related to the federal government’s debt. The discussion aimed to shed some light on the political maneuvering conducted by both parties and present unfiltered truths about the debt. Findings from the National Commission on Fiscal Responsibility and Reform were also discussed. The panel included former Senator Alan Simpson, co-chair of the National Commission on Fiscal Responsibility and Reform; Dean Baker, co-director of the Center for Economic and Policy Research; and David Walker, President of the Comeback America Initiative and former head of the GAO. A video of the event is available below or after the jump.

April 15, 2011

The Scorecard on Development, 1960-2010: Closing the Gap?

9:30 a.m. - 11:00 a.m.
SEIU Conference Center
1800 Massachusetts Ave.
Washington, D.C. 20036

CEPR’s latest “Scorecard on Development” looks at data for 191 countries on economic growth and social indicators over the last 50 years to see whether most of the world’s countries have emerged from the long period of reduced economic and social progress that characterized the post-1980 years. It is updated with the latest data from just-released IMF World Economic Outlook Database.

CEPR’s last two “Scorecards” showed that the world’s low-and-middle-income countries suffered a large and protracted decline in economic growth for more than 20 years after 1980. This coincided with the introduction of a number of neoliberal reforms in most countries: tighter fiscal and monetary policies (including inflation-targeting regimes and increasing independence of central banks); a large reduction in tariffs and non-tariff barriers to trade; financial de-regulation and increased opening to international capital flows; privatization of state-owned enterprises; increased protectionism in the area of intellectual property; and the general abandonment of state-led industrialization or development strategies.

April 15, 2011

Debts, Deficits and the Economy

10:15 a.m. - 12:45 p.m.
Syracuse University
The Maxwell School
Syracuse, NY 13210

The Maxwell School Dean's Office and Campbell Public Affairs Institute at Syracuse University sponsored a conference on "Debts, Deficits and the Economy." CEPR Co-Director Dean Baker took part in a panel discussion with Bruce Bartlett, a columnist for the Fiscal Times; Leonard Burman, former director of the Tax Policy Center; John Palmer, former public trustee for Medicare and Social Security; and Susan Tanaka, vice president of the Peter G. Peterson Foundation. The panel was moderated by Dave Bullard of WRVO-FM and was broadcast as part of the station's Community Forum series. Audio of the event can be found below or after the jump.

April 12, 2011

Crisis in the States and Cities: What Should Be Done?

12:15 p.m. - 1:15 p.m.
Hyatt Regency Capitol Hill
Capitol Room A
400 New Jersey Avenue NW
Washington, DC 20001

States and cities face tax increases and sharp cuts in vital public services, with likely harsh effects on economic activity and competitiveness going forward. Economists for Peace and Security will sponsor a symposium to discuss the budget crises faced by state and local governments including cuts to social services and increasing taxes. Will budget cuts help, as some claim -- or hurt, as others believe - the economies of affected jurisdictions and the country? CEPR Co-Director Dean Baker took part in a panel on "Workers' Rights, Workers' Pay, and Local Public Services: Are Workers and Unions the Cause of State Budget Crises?" The conference is viewable via simultaneous webcast.

April 1, 2011

Economic Bloggers Forum 2011

8:30 a.m. - 4:00 p.m.
Ewing Marion Kauffman Foundation
4801 Rockhill Road
Kansas City, MO

The Kauffman Foundation hosted a one-day conference to discuss key policy issues and cutting-edge research on topics related to entrepreneurship, innovation, and growth. The aim of the conference was to foster a consensus around economic growth strategies for U.S. and global policymakers. CEPR Co-Director Dean Baker participated, and a video of his talk can be found below after the jump.

April 7, 2011

Are Unions Good for Schools and the Community?

7 p.m. - 9:30 p.m.
Temple Kehillath Israel
384 Harvard Street
Brookline, MA 02446

The Brookline Educators Union sponsored a discussion on finding solutions collectively to the current crisis unions are undergoing. Participants included Dean Baker, co-director of the Center for Economic and Policy Research; Elaine Bernard, executive director of the Labor and Worklife Program at Harvard Law School; Ann Clarke, executive director-treasurer of the Massachusetts Teachers Association; Jody Curran, president of the Brookline Educators Union; Lisa Guisbond, member of the board of directors for Citizens for Public Schools; Richard Stutman, president of the Boston Teachers Union; and Dr. Steffi Woolhandler, co-founder of Physicians for a National Health Program. For more information, visit the Brookline Educators Union site or contact Jessica Wender-Shubow at This email address is being protected from spambots. You need JavaScript enabled to view it..

April 1, 2011

Reconnecting to Work: Consequences of Long-Term Unemployment and Prospects for Job Creation

4:15 p.m. - 5:45 p.m.
UCLA
Ackerman 2nd Floor Lounge
405 Hilgard Avenue
Los Angeles, CA 90095

Leading authorities on labor and employment gathered at UCLA for a scholarly conference on persistent high unemployment in the wake of the most severe economic downturn in American history since the Great Depression. "Reconnecting to Work: Consequences of Long-Term Unemployment and Prospects for Job Creation" addressed a range of subjects, from policies aimed at boosting employment to the psychological hurdles faced by the unemployed. CEPR Senior Economist John Schmitt took part in a panel on international policy comparisons. The conference was sponsored by UCLA's Institute for Research on Labor and Employment.

April 12, 2011

Guy Standing and The Rise of the Precariat

12:15 p.m. - 1:45 p.m.
Economic Policy Institute
1333 H Street, NW
Washington, DC 20005

British economist, Guy Standing, offers an interesting, new perspective on the condition of the working class in a new book, "The Precariat: The New Dangerous Class." Standing argues that globalized labor markets have shifted the inherent risks of capitalism from firms to workers creating a growing class for whom stable careers are increasingly tenuous and who labor for low or stagnating wages and benefits with inconsistent hours. The insecurity faced by growing numbers of workers, Standing argues, has dire implications for societal stability, and he calls on policymakers around the world to focus attention on reducing inequality and reconstructing the concept of work.

The Center for Economic Policy Research and the Economic Policy Institute invite you to hear Dr. Standing present these perspectives in a discussion joined by Heidi Hartmann of the Institute for Women’s Policy Research and Prakash Loungani of the International Monetary Fund. Click here to RSVP. Seating is limited.

March 30, 2011

Preserving Our Promises to Seniors Act Lunch Briefing with Congressman Ted Deutch

12:30 p.m. - 1:30 p.m.
2226 Rayburn House Office Building
45 Independence Ave. SW
Washington, DC 20515

The Preserving Our Promise to Seniors Act would strengthen Social Security for the next 75 years while improving benefits by fixing the outdated COLA formula. This is achieved by gradually phasing out the payroll tax exemption on incomes over $106,800 and keeping Social Security’s tradition of increased benefits for increased contributions. Additionally, this bill would improve the current COLA formula by indexing it to seniors’ costs through the creation of a Consumer Price Index for the Elderly. Finally, the legislation provides a supplemental payment to all COLA-tied retirees when there is no COLA for seniors. The Economic Policy Institute and ProgressiveCongress.org held a panel discussion to discuss the act. Participants included Congressman Ted Deutch; Celinda Lake, president of Lake Research Partners; Dean Baker, co-director of the Center for Economic and Policy Research; Ross Eisenbrey, vice president of the Economic Policy Institute; and Eric Kingson, co-director of Social Security Works and The Strengthen Social Security Campaign.

March 29, 2011

National Journal Insiders Conference

11:00 a.m. - 12:00 p.m.
Grand Hyatt Washington
1000 H Street NW
Washington, DC 20001

The National Journal held an Insiders Conference, where an enhanced roster of congressional and political insiders, versed in key policy areas such as the economy, technology, energy and national security, offered their perspectives on what’s ahead in the 112th Congress and the 2012 campaign cycle. A video of Dean Baker's panel session, titled "Deficit Reduction v. Investment: How to Spur Economic Growth," is available below or after the jump.

March 28, 2011

Balanced Housing Policy and the Mortgage Interest Deduction

1:15 - 2:30 p.m.
The Omni Shoreham Hotel
2500 Calvert Street NW
Washington D.C. 20008

Most experts agree that the federal government over-subsidizes homeownership, especially for higher-income households. The bipartisan deficit commission has called for reform of the mortgage interest deduction. Many policymakers think we need a more balanced housing policy that better addresses the needs of low- and moderate-income homeowners and renters. Proposals and prospects for reform were covered in this session, as part of the National Low-Income Housing Coalition's 2011 Annual Housing Policy Conference and Lobby Day. Speakers included CEPR Co-Director Dean Baker; Mark Calabria, Financial Regulation Studies, Cato Institute; and Sheila Crowley, president of the National Low Income Housing Coalition. For more information on the conference or program, visit the NLIHC site.