August 25, 2021
Institute News

Senior Scholar L. Randall Wray <[link removed]> has been named the 2021 Veblen-Commons Award <[link removed]> winner. The award is presented each January at the annual meeting of the Association for Evolutionary Economics (AFEE) in recognition of significant contributions to evolutionary institutional economics.
New Publications

e-pamphlet | July 2021
What Is MMT's State of Play in Washington? <[link removed]>
L. Randall Wray <[link removed]>

In this e-pamphlet, Senior Scholar L. Randall Wray <[link removed]> raises the question: Has MMT really made headway with policymakers? Examining the issue in the context of Representative John Yarmuth's (D, KY-03) recent speech in which he explicitly adopts an MMT approach to budgeting, Wray urges reconsideration of the way that fiscal policy impacts are assessed.

Read complete text (pdf) <[link removed]>


Working Paper No. 991, July 2021
Multifactor Keynesian Models of the Long-Term Interest Rate <[link removed]>
Tanweer Akram

Tanweer Akram, Wells Fargo, applies John Maynard Keynes's insights about the influence of the current short-term interest rate over the long-term interest rate in two multifactor models, translating Keynes's insights into specific functional forms for understanding interest rate dynamics and evaluating which specifications best capture the underlying processes.

Read complete text (pdf) <[link removed]>
Levy Graduate Programs in Economic Theory and Policy

Backed by over 30 years of proven policy impact, the Levy Institute Graduate Programs in Economic Theory and Policy provide innovative approaches to topics such as time use, poverty, gender, student debt, and employment that other programs neglect, encouraging students to evaluate policies, examine behavior, and dig deeper into the social phenomena that underlie economic outcomes. Working alongside professors who are actively engaged in tackling today's most pressing economic problems, the Levy graduate programs allow you to apply what you learn in the classroom to real-world research while giving you unprecedented access to leaders in government, NGOs, central banking, academia, and journalism. Along with a challenging academic environment, the Levy programs also offer a supporting and caring community where students make lifetime connections. To find out more, visit bard.edu/levygrad or follow the program's Facebook <[link removed]> page.

Inquiries regarding enrollment for spring 2022 should be directed to the program recruiter, Martha Tepepa ([email protected]). Scholarships are available.
Media and Web Coverage


Institute President Dimitri B. Papadimitriou <[link removed]> joined Voice of America's <[link removed]> Vadim Allen to discuss whether inflation is an imminent threat to the economy, if the Fed would respond in the immediate future, and the reasons underlying its present stance.

L. Randall Wray <[link removed]> spoke with Steven D. Grumbine of Macro N Cheese <[link removed]> to discuss the MMT approach to funding policy priorities, including universal single payer healthcare, unemployment compensation, and a job guarantee. He was also featured, along with Research Associate Stephanie Kelton <[link removed]>, in a Bloomberg Businessweek <[link removed]> article touching on the same topics.






In This Issue

Institute News <#news>

What Is MMT's State of Play in Washington? <#epamphlet_21>

Multifactor Keynesian Models of the Long-Term Interest Rate <#wp_991>

Levy Graduate Programs <#grad>

Web and Media Coverage <#media>


Read Our Blog

Levy Book Series

Visit the Institute's Book Series webpage <[link removed]> for selected books by our scholars.
Quick Links

Visit Our Website <[link removed]>
Research Programs <[link removed]>
Events <[link removed]>
Search
LevyInstitute.org <[link removed]>





You are receiving this e-mail because you either signed up at the Levy Institute website or filled out a request card asking to be placed on this list. If you have trouble accessing the Levy Institute's website, please send a brief description of the problem to [email protected].

Copyright ? 1986--2021, Levy Economics Institute, Annandale-on-Hudson, NY 12504-5000. All rights reserved.

No responsibility is assumed by the publisher for any injury and/or damage to persons or property as a matter of products liability, negligence, or otherwise, or from any use or operation of any methods, products, instructions, or ideas contained in the material herein.



Save


This email was sent to [email protected] by Levy Economics Institute of Bard College.
Unsubscribe from Levy Institute eNewsletter. <[link removed]>