December 15, 2014
Private Equity at Wharton
Steinberg-Deitrich Hall, Room 116
The Wharton School, University of Pennsylvania
3620 Locust Walk
Philadelphia, PA 19104-6370
As part of their Human and Social Capital Seminar series the Management Department of the Wharton School of the University of Pennsylvania will be hosting CEPR's Eileen Appelbaum and her co-author, Rosemary Batt of Cornell University. They'll be discussing their groundbreaking book, Private Equity at Work: When Wall Street Manages Main Street.
December 12, 2014
2237 Rayburn House Building
*Complimentary Cupcakes from Georgetown Cupcake will be provided
Co-hosted by Rep. John Conyers, the Congressional Full Employment Caucus, and Rep. Mike Fitzpatrick, sponsor of H.R. 4171, the Labor Statistics Improvement Act
According to the latest unemployment figures, America has seen 10.9 million jobs created over 57 consecutive months of job growth, bringing the official unemployment rate down to 5.8 percent from its peak of 10 percent during the Great Recession. But policymakers across the political spectrum recognize that the official unemployment rate fails to reflect the true state of economic opportunity in America. As of November 2014, there are still more than two job-seekers for every single job opening. More than 16 million Americans continue to seek full-time work, including 7 million part-time workers who want full-time work. Another 5.77 million Americans want a job but have become too discouraged to keep searching.
December 10, 2014
IRL NYC Conference Center
16 East 34th Street (at Madison)
New York, NY 10016
Registration for this event is required
The Worker Institute of Cornell University's ILR school are hosting CEPR's Eileen Appelbaum and Cornell ILR faculty Rosemary Batt to discuss the inner workings of private equity in the economy in their latest book, Private Equity at Work: When Wall Street Manages Main Street. Reflections and perspectives will be provided by ILR alumni Steven Berkenfeld, Managing Director Investment Banking, Barclays, and Joshua Cherry-Seto, Chief Financial Officer, Blue Wolf Capital Partners LLC.
You may purchase an advance copy for signing fromThe Russell Sage Foundation or other online book and e-book vendors. A limited number of books will be available at the event.
December 1, 2014
Portland Public Library’s Rines Auditorium
5 Monument Square
Portland, Maine 04101
CEPR's Dean Baker will deliver the next Shepard Lee lecture in Portland, Maine. He'll be speaking about full employment, the main topic of his most recent book, Getting Back to Full Employment: A Better Bargain for Working People, coauthored with Jared Bernstein, which Robert Reich has called “a gem of a book.”
The Maine Center for Economic Policy (MECEP) initiated the Shepard Lee Lecture series to honor the noted entrepreneur, civic leader, political advisor and advocate for justice who has contributed to Maine’s public life for more than five decades. MECEP is Maine’s leading non-profit research and policy development organization.
The event is free and open to the public. It will begin at 6:00 p.m. followed by questions from the audience and a reception at the conclusion of the program.
November 13, 2014
Main Hall (First floor, Block E)
College of Education University of Campinas Campinas, Brazil
As part of an international seminar, CEPR's John Schmitt will be speaking on a panel about "The challenges of the labor market: precariousness." He will be joined by Albert Recio of the Autonomous University of Barcelona as well as Carlos Salas and Anselmo Luiz dos Santos of the University of Campinas.
November 6, 2014
Pierre Laroque Conference Room
Ministère des Affaires sociales, de la Santé et des Droits des femmes
14, avenue Duquesne - 75007 Paris, France
On November 6th and 7th, 2014, the French Ministry of Labor, Employment, Training and Social dialogue - the Department of Research, Studies and Statistics (DARES) - and the Center for economic research and its applications (CEPREMAP) have the pleasure to invite you at the conference on “European and American Labor Markets in the Crisis”.
October 29, 2014
Congressional Briefing: Latin American Human Rights Defenders on the Impact of U.S. Security Policy in Mexico, Central America and Colombia
Wednesday, October 29, 2014
2226 Rayburn House Office Building
Washington, DC 20515
Hosted by The Office of Representative Hank Johnson
In early June, an unprecedented influx of child migrants fleeing violence in their communities led to a humanitarian emergency along our southern border. Late last month, 43 students in the western Mexican state of Guerrero disappeared after being detained by local police. Though the U.S. has provided hundreds of millions of dollars of assistance to security forces in Mexico and Central America, violence continues to rage in these countries, and - all too often - police and military agents from these countries appear to be a part of the problem.
November 19, 2014
Busboys and Poets
2021 14th Street NW
Washington, District of Columbia, 20009
Join moderator William Greider, National Affairs Correspondent for The Nation, for a cutting edge talk and book signing with CEPR's Eileen Appelbaum and Cornell's Rosemary Batt. In Private Equity at Work, a groundbreaking analysis of a hotly contested business model, Eileen and Rose provide an unprecedented analysis of the little-understood inner workings of private equity (PE) and of the effects of leveraged buyouts on American companies and workers.
Since 2000, nearly 11,500 companies—representing almost 8 million employees—have been purchased by PE firms. As their role in the economy has increased, PE firms have come under fire from labor unions and community advocates who argue that the proliferation of leveraged buyouts destroys jobs, busts unions, causes wages to stagnate, saddles otherwise healthy companies with debt, and leads to subsidies from taxpayers.
This event is co-hosted by IPS’ Inequality & The Common Good, the Center for Economic and Policy Research, the Campaign for America's Future, Americans for Financial Reform, Teaching for Change Bookstore, and Busboys and Poets.
Facebook page for this event is located here.
October 13, 2014
National Council on Teacher Retirement Annual Conference
10 S West Street
Indianapolis, IN 46204
CEPR's Dean Baker will be speaking on a panel about "Retirement Challenges" at the 92nd annual conference of the National Council on Teacher Retirement, along with Diane Oakley of the National Institute on Retirement Security and Dallas Salisbury of the Employee Benefit Research Institute and moderated by Jack Ehnes of CalSTRS.
Only members of NCTR may attend the conference. For more information about the conference as well as registration and membership fees, click here.
October 11, 2014
The Impact of the BRICS’ Contingent Reserve Arrangement (CRA) and the New Development Bank (NDB)
World Bank I Building
1850 I St NW, Room I2-210
Washington, DC 20006
Panelists: Mark Weisbrot (Center for Economic and Policy Research), Nancy Alexander (Heinrich Boell Foundation), Aldo Caliari (Center of Concern)
Chair: Deborah James, Center for Economic and Policy Research
September 30, 2014
Unaccompanied Minors: Undocumented Immigrants, Refugees or Asylum Seekers?
Room 1026/28, SEIU Conference Center
This event will be a panel discussion focusing on the current crisis at the border involving Children Immigrants. The approach being to frame a sociological and historical context that gives the audience a better understanding of the US Foreign Policies and intergovernmental relationships that have led to the way these children are being labeled, viewed and treated.
Panelists (3 Panelists + 1 Facilitator):
Sylvia Ruiz, Immigration Justice Director (Facilitator)
Alexander Main, CEPR
Lucero Ortiz, Volunteer/Lawyer
- Yamilex Rustrian, Daughter of USWW Janitor Annabella Aguirre
October 1, 2014
1000 Massachusetts Ave, NW
Washington, DC 20001-5403
Featuring the authors Vernon L. Smith, Laureate 2002, Nobel Prize in Economic Sciences and Professor, Chapman University; and Steven D. Gjerstad, Presidential Fellow, Chapman University; with comments by Dean Baker, Co-founder, Center for Economic and Policy Research; moderated by Mark A. Calabria, Director, Financial Regulation Studies, Cato Institute.
October 21, 2014
7:00 - 8:30 PM
When Wall Street Manages Main Street: Shining a Light on the Shadow Banking System
First Church JP
6 Eliot St
Since 2000, nearly 11,500 companies—representing almost 8 million employees—have been purchased by investment managers that make investments in the private equity of operating companies through a variety of loosely affiliated investment strategies including leveraged buyout, venture capital, and growth capital, otherwise known asprivate equity (PE) firms.
Private Equity at Work, a groundbreaking analysis of a hotly contested business model, Economist Eileen Appelbaum andProfessor Rosemary Batt show that Private Equity firms’ financial strategies are designed to extract maximum value from the companies they buy and sell, often to the detriment of those companies and their employees and suppliers. These actions often lead to financial distress and a disproportionate focus on cost-cutting, outsourcing, and wage and benefit losses for workers, especially if they are unionized.
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.