PERI Umass Amherst

Trump’s Economy Is Hurting Americans — and Setting Us Up for Long-Term Collapse Trump boasts of a booming economy. He’s dead wrong. A year into Trump 2.0, the affordability crisis is worse than ever.

Trump’s Economy Is Hurting Americans — and Setting Us Up for Long-Term Collapse
Read interview with PERI's Gerald Epstein
truthout.org/articles/tru... @sbs-umass.bsky.social @umassamherst.bsky.social

“The ever-tightening crypto chokehold heralds both the naked extraction of more wealth by a relatively few capitalists and the severe risk of a massive financial crisis.”

Read Jerry Epstein's new piece in @bostonreview.bsky.social @sbs-umass.bsky.social @umassamherst.bsky.social

The U.S. Care Affordability Crisis Cuts in government spending and deportation threats against the workforce have sent costs soaring in daycare, eldercare, and long-term medical care.

Nancy Folbre: "Cuts in government spending and deportation threats against the workforce have sent costs soaring in daycare, eldercare, and long-term medical care"
www.dollarsandsense.org/the-u-s-care... @nancyfolbre.bsky.social @sbs-umass.bsky.social @dollarsandsense.bsky.social

The Motherhood Gamble While many mothers enjoy adequate support from fathers, the risk of financial hardship looms large if the partnership comes to an end.

While many mothers enjoy adequate support from fathers, the risk of financial hardship looms large if the partnership comes to an end.
Read @nancyfolbre.bsky.social 's The Motherhood Gamble www.dollarsandsense.org/the-motherho... @sbs-umass.bsky.social @dollarsandsense.bsky.social

Greenhouse 100 Polluters Index: 2025 Report, based on 2023 data

PERI releases top 100 greenhouse gas polluters index. Future lists are in jeapordy because EPA plans to suspend reporting program. peri.umass.edu/index-editio... @sbs-umass.bsky.social #toxic100

Economic Analysis of the 2025 Santa Fe, New Mexico Living Wage Proposal The City of Santa Fe, New Mexico is considering a proposal to increase the citywide living wage minimum from its current level of $15.00 per hour to $17.50 per hour.  This would be a 17…

New report by Robert Pollin and Jeannette Wicks-Lim

"Economic Analysis of the 2025 Santa Fe, New Mexico Living Wage Proposal"
peri.umass.edu/publication/... @sbs-umass.bsky.social #minimumwage #livingwage

Congrats to PERI's James Boyce and INET
for being nominated by Anthem Awards for the series #EconOfWar!

"Improved employee wellbeing as well as organizational productivity" --Juliet Schor presents findings of study on 4-day, 32-hour work week during presentation at Mass Amherst @umassamherst.bsky.social @julietschor.bsky.social
#letsworkfour #4DayWorkweek #FutureOfWork #JulietSchor #WorkFour

Join us TODAY at 4pm ET (In-person):
Juliet Schor on the "Movement for a Four-Day Workweek"
@UMassAmherst, Gordon Hall, 3rd flr conf. rm. Free & open to the public.
#letsworkfour #4DayWorkweek #FutureOfWork #JulietSchor @julietschor.bsky.social @sbs-umass.bsky.social @fivecolleges.bsky.social

Taxing the Top In a world in which some people keep getting way more than they need, while others can hardly get by, Robin Hood starts to look better and better.

Read @nancyfolbre.bsky.social 's new article for Left Hook Economics:
Taxing the Top www.dollarsandsense.org/taxing-the-t... @sbs-umass.bsky.social @dollarsandsense.bsky.social

Monday, Oct. 20 at 4pm ET: Juliet Schor presentation on the "Movement for a Four-Day Workweek" Join us: Mass Amherst, Gordon Hall. Free & open to the public.
#letsworkfour #4DayWorkweek #FutureOfWork #JulietSchor #WorkFour @umassamherst.bsky.social @sbs-umass.bsky.social @julietschor.bsky.social

Join us for a talk by Prof. Juliet Schor: "Does the Future of Work Mean Less Work? The Movement for a Four-Day Week."

In person - Monday, Oct. 20 at 4pm ET / Gordon Hall, @UMassAmherst / Free & open to the public @sbs-umass.bsky.social @umassamherst.bsky.social @julietschor.bsky.social #4DayWeek

The Fed Versus Trump: How Much Does it Matter for Interest Rates Overall? The Fed’s rate cut is likely to have little impact on mortgage interest rates. The reason is straightforward but rarely recognized in the abundant flow of commentary on Fed policy.

Robert Pollin: "the Fed’s rate cut is likely to have little impact on mortgage interest rates."
The Fed Versus Trump: How Much Does it Matter for Interest Rates Overall? www.dollarsandsense.org/the-fed-vers...

What Trump’s Executive Order on 401(K)s Means for Workers Who Hope to Retire More workers may lose their hard-won retirement savings now that Trump has pushed them toward crypto and private equity.

Gerald Epstein: "More workers may lose their hard-won retirement savings now that Trump has pushed them toward crypto and private equity."
"What Trump’s Executive Order on 401(K)s Means for Workers Who Hope to Retire" truthout.org/articles/wha... @sbs-umass.bsky.social @umassamherst.bsky.social

Lenore Palladino: Rapid Changes in Corporate Governance and Finance Lenore Palladino is Associate Professor of Economics at UMass Amherst and author of Good Company: Economic Policy After Shareholder Primacy. She testified before Congress on the impacts of shareholder...

EVENT: Lenore Palladino Lecture & Book Talk:
Rapid Changes in Corporate Governance and Finance

TUES., SEPT. 9 @ 4PM ET
Gordon Hall, UMass Amherst

Book: "Good Company: Economic Policy After Shareholder Primacy." peri.umass.edu/event/lenore... @lenorepalladino.bsky.social @sbs-umass.bsky.social

Crypto: What Is It and What Is the Fuss All About? Cryptofinance, including cryptocurrency, is the newest hot item in the world of financial “innovation.”

Gerald Epstein in @Dollars_Sense Left Hook Economics-
"Crypto: What Is It and What Is the Fuss All About?" www.dollarsandsense.org/crypto-what-... @dollarsandsense.bsky.social

Medicaid Kayfabe: Fake Wrestling The features of the bill that are likely to help ordinary people were catchy and easy to understand—reduced taxes on tips and overtime pay and a higher standard deduction for the elderly on income tax...

Nancy Folbe: "The bill was cleverly designed to both obfuscate its intention and divide opposition to tax cuts for the rich." Read: Medicaid Kayfabe: Fake Wrestling www.dollarsandsense.org/medicaid-kay...

The Risks of Unregulated “Private” Credit Funds Abstract The “private” financial industry—which contains financial instruments not traded on open exchanges and financial institutions that are underregulated—is no longer an ‘alternative’…

New Working Paper: "The Risks of Unregulated “Private Credit Funds,” by Leonore Palladino and Harrison Karlewicz peri.umass.edu/publication/...

A Fraction of What We Pay in Fossil Fuel Subsidies Could Fund a Just Transition Phasing out fossil fuel subsidies must be tied to new subsidies that raise living standards for working and poor people.

A Fraction of What We Pay in Fossil Fuel Subsidies Could Fund a Just Transition truthout.org/articles/a-f...

📣 Is global enterprise changing and how should we react?

Join us as we welcome Prof. Jayati Ghosh from @umass, part of a special series of talks dedicated to Edith Penrose.

20 May, 6pm

Find out more: bit.ly/3ZcS8j6

Climate Policy on Thin Ice: A Lesson from Canada | Common Dreams Canada’s experience with its carbon price-and-dividend system for fossil fuels has important implications for the rest of the world, including the United States.

Climate Policy on Thin Ice: A Lesson from Canada www.commondreams.org/opinion/cap-...

What Does Trump’s Economic Chaos Mean for the Global Financial System? Progressive economist Gerald Epstein says global capitalists may no longer see the US as a “safe haven” under Trump.

"Trump's policies are tanking expected corporate profits in the U.S., threatening unemployment for U.S. workers and slashing plans for corporate investment."
"What Does Trump’s Economic Chaos Mean for the Global Financial System?" truthout.org/articles/wha... @sbs-umass.bsky.social

Join us, Monday, May 12 at 4pm: "Translating Capital for the 21st Century." In person at UMass Amherst or livestream. peri.umass.edu/event/transl... @sbs-umass.bsky.social @umassamherst.bsky.social @fivecolleges.bsky.social

New Report Provides Blueprint to Wean the World Off Fossil Fuel Subsidies | UMass Amherst The UMass Amherst Political Economy Research Institute study details how to mitigate cost shock on lower- and middle-income households.

New PERI report provides blueprint to wean the world off fossil fuel subsidies--co-authored by Robert Pollin, Shouvik Chakraborty and @gregorsemieniuk.bsky.social
www.umass.edu/news/article...

"A green transition is capable of expanding opportunities for workers and defending people's living standards."
Watch full interview with PERI's Robert Pollin on @ineteconomics.bsky.social. @sbs-umass.bsky.social @umasspress.bsky.social

Noam Chomsky and the Socialist Alternative to Climate Chaos Noam Chomsky’s best-known political contribution is his powerful, long-running critique of US foreign policy. But Chomsky has also used his global platform to sound the alarm about the climate crisis ...

Read Robert Pollin's article on "Noam Chomsky and the Socialist Alternative to Climate Chaos" jacobin.com/2025/03/noam...

Professor Prabhat Patnaik: The Crisis of Neo-Liberalism and Its Sequel Join us on March 11 at 4pm ET. In person at UMass Amherst or via Zoom. Visit: https://peri.umass.edu/event/7176/ for more info.

Professor Prabhat Patnaik: "The Crisis of Neo-Liberalism and Its Sequel." Join us on March 11 at 4pm ET. In person at UMass Amherst or via Zoom. Visit: peri.umass.edu/event/7176/ for more info.

Interview with Jane D'Arista: "The Failure of Global Finance is Systemic" - GPEnewsdocs.com gpenewsdocs.com/the-failure-...

"Busting the Bankers' Club" confronts the powerful people and institutions that benefit from our broken financial system—and the struggle to create an alternative.

Read: "Busting the Bankers' Club: Finance for the Rest of Us"
peri.umass.edu/publication/...

Association of American Publishers Announces Finalists and Category Winners for 2025 PROSE Awards - AAP The Association of American Publishers (AAP) unveiled the 101 Finalists and 37 Category Winners for the 49th Annual PROSE Awards honoring professional and scholarly works published in 2024. “The 2025 ...

PERI's Gerald Epstein’s book "Busting the Bankers' Club" was selected as a finalist for the 2025 PROSE Award in Economics. The award honors the “incredible contribution” of books that “showcase a deep commitment to excellence.” @ucpress.bsky.social
publishers.org/news/associa...