October 21, 2014
MIT Sloan School of Management
Eileen Appelbaum (Center for Economic and Policy Research) & Rosemary Batt (Cornell University) will discuss the groundbreaking analysis of a hotly contested business model as presented in their new book, Private Equity at Work. They document that while private equity firms have had positive effects on the operations and growth of small and mid-sized companies and in turning around failing companies, the interventions of private equity more often than not lead to significant negative consequences for many businesses and workers. This is an unprecedented analysis of the little-understood inner workings of private equity and of the effects of leveraged buyouts on American companies and workers.
September 24, 2014
Revisiting the Role of U.S. Trade and Economic Policies in the Central America Refugee Situation
AFL-CIO Headquarters (Murray Green Room)
815 16th St. NW
Washington, D.C. 20006
The AFL-CIO, CWA, and the Center for Economic and Policy Research (CEPR) invite you to a conversation, featuring Dana Frank, UC Santa Cruz; Celeste Drake, AFL-CIO; and Deborah James, CEPR, exploring the human rights violations behind the influx of unaccompanied minors and refugees into the United States from Central America. Ongoing human rights violations in the region, crushing poverty, and failure of some Central American governments to protect the lives of their citizens are so extreme that many see little choice but to undertake a life-threatening journey hoping for a better future. Unfortunately, flawed U.S foreign, trade, and economic policies have exacerbated dangerous conditions in these countries, breeding desperation.
October 22, 2014
Harvard Kennedy School
L-4 Conference Room (lobby level entrace on the corner of JFK and Eliot Street).
The IRI will be hosting a Brown Bag Lunch, featuring Senior Economist at the Center for Economic Policy and Research, Eileen Appelbaum and Alice Hanson Cook Professor of Women and Work, Industrial and Labor Relations School, Cornell University. In this talk, Eileen Appelbaum and Rosemary Batt will discuss their innovative analysis of a controversial business model from their recent book, Private Equity: When Wall Street Manages Main Street. In their new book, the authors help to demystify the opaque world of private equity and offer the first complete examination of the industry. Furthermore, this work looks closely at the less discussed effects that leveraged buyouts have on American companies, workers, and the U.S. economy at large.
October 16, 2014
Leicester, UK, LE2 3UF
The UK and USA led the way in the 1970s and 1980s in creating the conditions for a new global financial system, but our understanding of the effects upon the world of work and the shifting relationship between work and finance remains limited. There has been much discussion of the growing complexity and instability of financial models, but very little scrutiny of how the financial world affects the real economy. How does financialisation impact on the productivity, prospects and well-being of people at work? Hedge funds, private equity firms, and sovereign wealth funds are at the centre of debates on the imposition of the priorities of financial capitalism on established regimes of managerial capitalism, but are these intermediaries innovators or predators in business and people management strategies? Do they diminish the quality of production and service provision and the productivity and well-being of the workforce?
Professor Ian Clark works at the Centre for Sustainable Work and Employment Futures where Professor Eileen Appelbaum is a visiting professor.
September 14, 2014
2:00 pm Pacific time
Firedoglake Book Salon: Private Equity at Work: When Wall Street Manages Main Street
Private equity firms have long been at the center of public debates on the impact of the financial sector on Main Street companies. Are these firms financial innovators that save failing businesses or financial predators that bankrupt otherwise healthy companies and destroy jobs? The first comprehensive examination of this topic, Private Equity at Work provides a detailed yet accessible guide to this controversial business model. Economist Eileen Appelbaum and Professor Rosemary Batt carefully evaluate the evidence—including original case studies and interviews, legal documents, bankruptcy proceedings, media coverage, and existing academic scholarship—to demonstrate the effects of private equity on American businesses and workers.
September 14, 2014
The New School
66 West 12th Street
Alvin Johnson/J.M. Kaplan Hall
Classrooms: 404, 406, 407, 410, 510
Dean Baker will address the need for reforming the way economic models and economic thinking influence public policy, in turn offering tractable solutions; and Neva Goodwin will provide a blueprint for reforming the economics curriculum so as to make it more pluralistic and reflective.
Dean Baker, Co-Director of the Center for Economic and Policy Research in Washington, DC
Neva Goodwin, Co-Director of the Global Development And Environment Institute at Tufts University
September 23, 2014
Join the Institute for Policy Studies, the Center for Economic and Policy Research, and the Center for Civil Society for a progressive and healthy public examination of differences over the emerging transcontinental economic bloc between Brazil, Russia, India, China, and South Africa.
August 21, 2014
European Summer University for Social Movements
Université Paris VII-Diderot
16 rue Marguerite Duras
CEPR's Domestic Policy Director Nicole Woo will speak on a panel addressing the growth of global finance.
September 18, 2014
Author, economist, and CEPR associate Ha-Joon Chang will appear at Busboys & Poets for a book signing and discussion of his new book Economics: The User's Guide. He will be joined by CEPR co-Director Mark Weisbrot.
August 6, 2014
Community College of Philadelphia
1700 Spring Garden Street
Center for Business and Industry Building
Philadelphia, PA 19130
The Mayor’s Task Force on Paid Sick Leave will hold a public hearing at Community College of Philadelphia, 18th and Callowhill Streets, Room C2-5 (Center for Business and Industry Building) from 1-4pm. The task forceis charged with evaluation Philadelphia's current array of paid sick leave policies; how these policies compare to competitor cities and neighboring jurisdications; and the likely impacts on employers and employees mandating paid sick leave. CEPR's Eileen Appelbaum will present testimony supporting paid leave policies.
July 9, 2014
Busboys and Poets (14th and V)
2021 14th St, NW
The Legacy of Independence and Democracy in Venezuela
In honor of Venezuela Week at Busboys and Poets and the 203rd anniversary of Venezuelan independence this week, the Embassy of the Bolivarian Republic of Venezuela will host a panel discussion on the impact of Venezuelan independence and democracy in the country today. The discussion will feature experts on Venezuela including CEPR Director of International Policy Deborah James, Senior Associate General Counsel for the United Steelworkers Dan Kovalik, Professor Steve Ellner, and Professor Paul Tennassee.
The panel will be followed by a Q & A session. No RSVP is necessary.
June 17, 2014
Humanitarian Crisis at the U.S.- Mexico Border: Understanding the Surge of Unaccompanied Minors at U.S. Borders
The Department of Homeland Security estimates that well over 60,000 children will appear at the border by the end of 2014. This alarming statistic is a drastic increase compared to 2013 when only 24,000 children were apprehended at U.S. borders. CEPR Senior Associate for International Policy Alex Main will participate in a congressional briefing hosted by Representative Hank Johnson, which will examine how the current situations in Honduras, Guatemala, and El Salvador have caused such unprecedented numbers of unaccompanied children to arrive to the U.S. – Mexico border. He will be joined by Geoff Thale of the Washington Office on Latin America (WOLA) and Megan McKenna of Kids In Need of Defense (KIND).
June 24, 2014
The New York legislature is now considering a bill that would provide workers with up to 12 weeks of paid family leave. Three other states have already passed similar laws and begun the process of providing benefits to workers caring for new babies or seriously ill family members. Demos is hosting a discussion of the political and practical lessons New Yorkers can learn from the passage and implementation of paid leave New Jersey and California.
The panel will include CEPR's Eileen Appelbaum and mark the publication of “Business as Usual,” a report she co-authored with Demos' Sharon Lerner, on the experience of employers with New Jersey’s Family Leave Insurance program. Other speakers include Sherry Leiwant of A Better Balance and Donna Dolan of the New York State Paid Leave Coalition.
June 18 & 19
June 18, 3:00-6:00 PM
June 19, 10:00 AM- 1:00 PM
UNCTAD, Palais des Nations
Av. de la Paix, 1211
Geneva 10, Switzerland
On June 18 and 19, CEPR Director of International Programs Deborah James participated in panels organized by the United Nations Conference on Trade and Global Development (UNCTAD) in Geneva. The first panel, which Deborah moderated, discussed macroeconomic dimensions of inequality and included participants such as Dr. Mukhisa Kituyi, Secretary-General of UNCTAD, and Triyono Wibowo, Ambassador and UNCTAD’s President of the Trade and Development Board, among others. Deborah also spoke at a round table discussing the best policy practices to global transformation, and was joined by Rubens Ricupero, former Secretary-General of UNCTAD and former Minister of Finance in Brazil, and Martin Khor, Executive Director of South Centre, to name a few. Audio recordings of the panels are available here.
June 20, 2014
The Friedrich Ebert Stiftung Washington Office and the AFL-CIO are co-organizing a conference titled, What have we learned from the crisis and what remains to be done? CEPR's Dean Baker will speak on the afternoon panel, answering the question, What remains to be done?, along with Thorben Albrecht of the German Ministry of Labor & Social Affairs, Julianne Malveaux and Robert Scott of EPI, and Robert Kuttner of the American Prospect
Please note that participation in this event is by invitation only.
May 27, 2014
The White House, the Department of Labor, and the Center for American Progress will host a Summit on Working Families to set an agenda for a 21st century workplace that works for all Americans.
Leading up to the June 23 White House Summit on Working Families, the Department of Labor will host forums across the United States to identify initiatives that benefit America’s working families, businesses and economy. These discussions will help inform the national Summit, which will build momentum around key policy goals and best practices to help both workers and businesses succeed.
CEPR's Eileen Appelbaum will be speaking at this event along with featured speaker, Thomas E. Perez, U.S. Secretary of Labor.
Ann O'Leary, Vice president and director Children and Families Program, Next Generation,
John Arensmeyer; CEO Small Business Majority,
Eileen Appelbaum; Economist and Author, Unifinished Business
James Freeman; CEO Blue Bottle Coffee, and
Jody Greenstone Miller; founder and CEO, Busniess Talent Group.
April 29, 2014
CEPR's Dean Baker will be a speaker at the Milken Institute Global Conference, which annually gathers 3,000 leaders in business, finance, government, public policy, academia, philanthropy, law, science, and news media to exchange ideas and solve some of the world's toughest challenges.
Dean will be joined by Steven Rattner, Kevin Hassett, Diana Farrell and Beth Ann Bovino on a panel about "Jobs in the Developed World." While unemployment has long been considered an unfortunate fact of free-market capitalism, factors ranging from technological advances in emerging markets and the rapid automation of service industries to the changing dynamics of the business cycle are lengthening joblessness and forcing more people to settle for work that pays little and requires fewer skills. This panel will discuss what can be done to reverse the trend without undermining the flexibility of labor markets or hindering globalization.
For registration information, click here.
Tuesday, April 29, 2014
CEPR's Eileen Appelbaum will be one of the keynote speakers at the inaugural conference for the University of Leicester's Centre for Sustainable Work and Employment Futures. She will be speaking about ‘Work Futures in the United States.’
The Centre aims to shape and improve policy analysis and inform practice by bringing together a team of networked researchers to advance knowledge and understanding of work and employment futures. There is a compelling warrant for a fresh look at the changing world of work. Established analytical and policy frameworks have been challenged by the scale and scope of the economic crisis, by demographic shifts, and by new business models and patterns of employment. The expansion of managerial and professional occupations has been accompanied by a proliferation of low paid work but limited growth in the middle-ranking jobs that had been a salient feature of capitalism in the twentieth century. The evidence points to far reaching changes in the international division of labour, in work organisations, and in employment relations, but as yet we have limited understanding of the longer-term significance of these developments.
April 15, 2014
Thomas Piketty’s Book Release: Capital in the Twenty-First Century
Register now. Registration is required to attend this event.
Unable to attend in person? This event will be webcast live here (registration not required).
The growth of income and wealth inequality has enormous economic and political consequences, both in the United States and around the world. The subject is likely to be a major issue in this year’s congressional elections and the 2016 presidential campaign.
The debate will be informed by Paris School of Economics Professor Thomas Piketty’s new book, Capital in the Twenty-First Century. Piketty, drawing on two centuries of data in 20 countries, concludes that extreme and potentially destabilizing increases in inequality may be in our future absent changes in public policy.
Piketty will provide a brief synopsis of his book. Dean Baker of the Center for Economic and Policy Research and Kevin Hassett of the American Enterprise Institute will provide commentary. Tax Policy Center Director Len Burman will moderate the discussion, focusing on the role tax policy might play in mitigating income inequality, and field questions from the audience.
April 9, 2014
Book Talk: "Getting Back to Full Employment: A Better Bargain for Working People"
A book talk and signing presented by Dean Baker, Center for Economic and Policy Research, with discussant Andrew Atkeson, UCLA Economics.
While most people intuitively know that low unemployment is important to job seekers, they may not realize that high levels of employment actually would make an enormous difference in the lives of large segments of the workforce who already have jobs. Particularly in an era of historically high wage and income inequality, many in the workforce depend on full employment labor markets, and the bargaining power it provides, to secure a fair share of the economy’s growth. For the bottom third or even half of the wage distribution, high levels of employment are a necessary condition for improving wages, higher incomes, and better working conditions.
Getting Back to Full Employment, co-authored by Jared Bernstein and Dean Baker, shows that real wage growth for workers in the bottom half of the income scale is highly dependent on the overall rate of unemployment and that full employment would lead to improved fiscal conditions. The authors also present a broad set of policies designed to boost growth and get the unemployment rate down to a level where far more workers have a fighting chance of getting ahead.
This event is presented by UCLA's Institute for Research on Labor and Employment (IRLE) and cosponsored by the Department of Economics.
April 9, 2014
Private Equity at Work: When Wall Street Manages Main Street
Economist Eileen Appelbaum and Professor Rosemary Batt present results from the first comprehensive examination of how the law views private equity firms as investors rather than employers, in turn leaving private equity owners unaccountable for their actions in ways that public corporations are. Since 2000, nearly 11,500 companies—representing almost 8 million employees—have been purchased by private equity firms. Are these firms financial innovators that save failing businesses or financial predators that bankrupt otherwise healthy companies and destroy jobs?
This event is part of the Capitalism and Democracy in Conflict? Governing Work in the Global Economy Lecture Series. It is sponsored by Rutgers School of Management and Labor Relations and Rutgers Center for European Studies. Support provided by Rutgers Centers for Global Advancement and International Affairs.