The Bard Economics and Finance Program, established in the fall of 2007, is a five-year BS/BA dual-degree program.
Students receive both a BS degree in economics and finance and a BA degree in an academic program other than economics. The program is designed to meet the needs of students who wish to achieve a broad education in the liberal arts and sciences even as they prepare themselves for careers in the financial world.
Requirements
Degree Requirements
The BS/BA program requires 160 credits; the student must fulfill all general educational requirements of the College’s BA program. The BS degree will not be awarded unless the student also receives the BA degree. However, a student may elect to step out of the program, continuing in the BA program. Hence, the dual-degree program is structured to allow all requirements for the BA to be met within four years.
Course Requirements
Candidates for the dual degree must complete 56 credits in economics and finance, comprising the core courses of the program: Principles of Economics; Foundations of Finance and Investments; Money and Banking; Intermediate Microeconomics; Mathematical Economics; Accounting; Industrial Organization; Introduction to Econometrics; Seminar in International Economics; Advanced Econometrics; Contemporary Developments in Finance; and Corporate Finance. Students are required to complete a Senior Project relating to finance.
Student Work
Recent Senior Projects in Economics and Finance
“The Closed-End Fund Paradox in Country Funds: A Conventional and Behavioral Perspective”
“Forecasting Error in the U.S. Social Security Administration’s Economic Assumptions”
“A Microdata Analysis of the Gender Pay Gap in South Korea”
“Testing the Predictive Power of Equity Valuation Metrics: A Minskyan Approach”
Bard Economist Pavlina Tcherneva’s Work on the Job Guarantee Becomes Focus of US National High School Debate Topic
Thousands of high school students across the United States have been studying Bard Professor of Economics and Research Scholar of the Levy Economics Institute Pavlina Tcherneva’s work on the job guarantee in preparation for their 2023–24 national debate tournaments, which take on the topic of economic inequality. “Personally, I can’t think of a greater impact of my work than seeing young people engage with it, study it, and defend its principles,” says Tcherneva.
Bard Economist Pavlina Tcherneva’s Work on the Job Guarantee Becomes Focus of US National High School Debate Topic
Thousands of high school students across the United States have been studying the work of Bard Professor of Economics and Research Scholar of the Levy Economics Institute Pavlina Tcherneva in preparation for their national debate tournaments. The official resolution for the 2023–24 High School Policy Debate Topic reads: “The United States federal government should substantially increase fiscal redistribution in the United States by adopting a federal jobs guarantee, expanding Social Security, and/or providing a basic income.” Tcherneva’s book The Case for a Job Guarantee was included in the compilation of research, which the Library of Congress prepares each year, pertinent to the annually selected national debate topic. As this year’s debate season progressed, the federal jobs guarantee policy has emerged as the overwhelming favorite policy for student debate teams on the affirmative. As a result, there are at least a few thousand students across the United States who have gotten very well acquainted with Tcherneva’s work over the past three months.
According to Chris Gentry, program manager of the Policy Debate League for Chicago Public Schools, “Almost every affirmative team across the country is running a jobs guarantee case, and to do so they are pulling heavily on Tcherneva’s publications.” During one weekend tournament, Gentry realized that essentially every debate relied on Tcherneva’s work. In just one round that he was judging, 10 different articles or books that she wrote had been quoted. “At least twice this last weekend, I heard ‘well that’s not what Tcherneva is trying to get at here,’” he added. Another high school debate coach in Los Angeles confirmed that Tcherneva has likely been the most cited author in high school debate this year, and as a result the student debaters are quite familiar with her work.
“Personally, I can’t think of a greater impact of my work than seeing young people engage with it, study it, and defend its principles,” says Tcherneva. After meeting with a group of high school student debaters this month, she adds, "The questions the students asked about the job guarantee were probing, well-informed, thoughtful, and inspired—with a keen focus on social justice. I hope that some of them will become policy makers.”
Inspired by this nationwide student engagement, Tcherneva has also opened up spots in her summer workshop “Public Finance and Economic Policy” to select high-school debate students interested in going deeper into Modern Monetary Theory and the job guarantee. Organized and hosted by Bard College and the OSUN Economic Democracy Initiative (EDI), this five-day workshop taking place online June 17–21 is for undergraduate students interested in public policy to tackle economic instability and insecurity, and in understanding the financing capacity and policy space available to governments to pursue these aims. Applications from high school debate students will be reviewed in April and early May. Students can apply here.
Tcherneva also recently developed a resource tool jobguarantee.org, created and maintained by Bard College students and alumni, with the support of OSUN, for anyone interested in learning more about the job guarantee policy innovation.
Centered on the well-being of some of the most vulnerable parts of the US population, the 2023–24 national debate topic of “Economic Inequality” prevailed over “Climate Change” and represents a pressing issue at the forefront of our collective societal consciousness.
Professor of Economics Pavlina Tcherneva discusses the disconnect between the way economists see the US economy and the way families experience it. “Housing affordability, health care, education—these things have not fundamentally changed,” she tells Ian Masters on Background Briefing. “We emerged out of this COVID pandemic without some profound structural changes. [...] There were some policies that seemed to work and they expired, and others that we don’t see the benefits from yet. But I think that basically that is the message: we are back to the status quo.”
Professor Pavlina Tcherneva on the Disconnect Between Biden’s Great Economic Numbers and How Voters Feel about the Economy
Pavlina Tcherneva, professor of economics at Bard College and research scholar at Bard’s Levy Economics Institute, discusses the disconnect between the way economists see the US economy and the way families experience it. “Housing affordability, health care, education—these things have not fundamentally changed,” she tells Ian Masters on Background Briefing. “We emerged out of this COVID pandemic without some profound structural changes. I think that there are some good signs. We do want to keep this momentum. There were some policies that seemed to work and they expired, and others that we don’t see the benefits from yet. But I think that basically that is the message: we are back to the status quo. Folks are still experiencing the stresses of daily life. And there are far too many Americans that still live paycheck to paycheck.”
The Levy Economics Institute of Bard College is pleased to announce that it has received a two-year $500,000 grant from the Hewlett Foundation. The award will support the institute’s Gender Equality and the Economy program and aims to generate new knowledge and share information about the economic empowerment of women, particularly in sub-Saharan Africa.
Bard College’s Levy Economics Institute Receives $500,000 Hewlett Grant for Its Gender Equality and the Economy Program
The Levy Economics Institute of Bard College is pleased to announce that it has received a two-year $500,000 grant from the Hewlett Foundation. The award will support the institute’s Gender Equality and the Economy (GEE) program and aims to generate new knowledge and share information about the economic empowerment of women, particularly in sub-Saharan Africa.
The GEE program focuses on the ways in which economic processes and policies affect gender equality, and examines the relationships between gender inequalities and economic outcomes. During the grant period from 2023–2025, the institute and its partners—including Levy scholars Thomas Masterson, Fernando Rios-Avila, Aashima Sinha, and Ajit Zacharias, alongside regional partners Abena Oduro of the University of Ghana and Nthabiseng Moleko of the University of Stellenbosch—plan to generate new research on gender disparities in employment security and welfare outcomes in Ghana and South Africa. The dominance of wage employment in South Africa versus self-employment in Ghana, for example, may present different labor market scenarios with potentially significant implications for employment security and welfare outcomes. The grant will also support continued research using the Levy Institute’s expanded measure of poverty: the Levy Institute Measure of Time and Income Poverty (LIMTIP). Inspired by feminist approaches to economics, the LIMTIP takes account of time for household production in order to create a more accurate reading of economic deprivation.
“We are grateful to the Hewlett Foundation for their generous decade-long support” said Ajit Zacharias, senior scholar and director of the Institute’s Distribution of Income and Wealth Program. “Inequality in earnings between men and women is an important and well-studied aspect of gender inequality. However, the gender disparities in child-rearing, care of dependent adults, and division of other family responsibilities often force women into less secure forms of employment than men with similar labor market profiles. The gender distribution of types of employment thus has a fundamental effect on current earnings differentials. Such disparities also drive the gender disparity in cumulative earnings, i.e., earnings over working life. They have gendered implications for old-age income security, e.g., by shaping private savings or eligibility for employer-provided pensions. We aim to provide fresh insights and evidence on these issues, hoping they will contribute to policies that promote gender equality and social justice.”
The award will facilitate two workshops in the region to disseminate its findings, along with related work by scholars in the region, and engage with policymakers and other stakeholders. Additionally, the institute will host an international workshop on gender and economic analysis featuring new research in feminist economics, providing a platform for new studies and mutual engagement with global research and policy community members.
Finding the Money: New Documentary on the Paradigm-Shifting Modern Monetary Theory Features Levy Scholar Stephanie Kelton and Bard Economists
Finding the Money, a new film by Maren Poitras, follows economist Stephanie Kelton, research associate at the Levy Economics Institute of Bard College, on an exploration of Modern Monetary Theory—the heterodox economic policy model that reframes our understanding of government funding, spending, and national debt. “An alternative story of money will revolutionize our conception of what we as a society believe we can afford and can achieve,” says the filmmaker. Bard economists featured in the film include economics professors and Levy scholars Pavlina R. Tcherneva and L. Randall Wray, and Levy research associates Mathew Forstater and Fadhel Kaboub. This past weekend, Finding the Money had its world premiere at the 2023 Woodstock Film Festival with Kelton, Wray, Tcherneva, and Forstater all in attendance.
Bard Economist Pavlina Tcherneva Provides Expert Opinion on UN Job Guarantee Report, to Speak at Report’s Official Launch on June 30
Pavlina Tcherneva, associate professor of economics at Bard College, provided expert opinion during the preparation of the new United Nations report on the job guarantee, “The Employment Guarantee as a Tool in the Fight Against Poverty.” Professor Tcherneva collaborated with UN Special Rapporteur on Extreme Poverty and Human Rights Olivier De Schutter on the project.
“The UN report is a significant recognition of the job guarantee as a key strategy for addressing unemployment, poverty, and inequality,” says Professor Tcherneva. “Nation states concerned with these issues will have the opportunity to respond and, if so willing, adopt the technical recommendations outlined in the report.”
Tcherneva will participate in the official launch of the report on June 30, in a side event held on the occasion of the 53rd session of the UN Human Rights Council in Geneva. The event is jointly organized by the UN special rapporteur on extreme poverty and human rights and ATD Fourth World, and cosponsored by the Permanent Mission of Belgium and the Permanent Mission of Luxembourg to the United Nations in Geneva.
Tcherneva will speak remotely on a panel moderated by Olivier De Schutter, and will be joined by Aye Aye Win, president of the International Committee for October 17th; Kate Philip, programme lead on the Presidential Employment Stimulus, South Africa; and Mito Tsukamoto, chief of the Development and Investment Branch (DEVINVEST) of the Employment Policy Department at the International Labour Office (ILO).
For more information about the event, including the concept note and list of speakers, visit srpoverty.org.
Pavlina Tcherneva is an associate professor of economics at Bard College, the director of the OSUN Economic Democracy Initiative, and a research scholar at the Levy Economics Institute at Bard College. She is the author of The Case for a Job Guarantee (Polity, 2020) which has been published in eight languages.
What Is Money?: Bard Economist L. Randall Wray Discusses How Money Works on the Podcast Something You Should Know
L. Randall Wray, professor of economics at Bard and senior scholar at the Levy Institute, speaks with Mike Carruthers on Something You Should Know about the definition of money and how it actually works. “We need to get away from this notion that money is something we can get our hands on,” Wray explains. “If you go back in time, most market activity as far back as we go took place on the basis of credit and debit. And really that is how we should look at money. Money is credit in your hands and it’s somebody’s debt.” Wray asserts that the Federal Reserve cannot run out of money. “Money is a keystroke credit to an account . . . As long as there is one person left at the Fed with one finger, they can keystroke some more credits . . . Can the government or the private sector spend too much and cause inflation, which will reduce the value of the money? Yes, that can happen.” Wray’s newest book Money for Beginners: An Illustrated Guide was published in May 2023. Professor Wray’s interview begins at 24:00.
Bard Economist Pavlina Tcherneva Interviewed on Background Briefing with Ian Masters
Ian Masters spoke with Pavlina Tcherneva, associate professor of economics at Bard College, research associate at the Levy Economics Institute, and author of The Case for a Job Guarantee (2020), on his nationally syndicated radio program Background Briefing. In the episode, “As Pundits Warn of Recession and Inflation, We Get the Best Economic News Since 1969,” Masters asks Tcherneva for her take on the latest U.S. Bureau of Labor Statistics jobs report, which added 517,000 jobs in January 2023 and stunned most economists and people who continue to harbor a doomsday mentality about the economy.
According to Tcherneva, two years after the COVID-induced crisis, such good news about low unemployment levels tells us that “public policy has tools. It can act boldly, quickly and bring jobs back.” She points out, however, that these low unemployment numbers also reflect the 5.7 million people who are not looking for work, and 4 million people who are working part-time but would like to have full-time jobs.
“Part of the anxiety still being experienced in the labor market is that the jobs are there but they are not exactly these well-paying jobs with very good benefits and good working conditions. On that front, there is more to be accomplished. Let us remember our minimum wage is still $7.25, and no one can live on $7.25 an hour,” she asserts.
Tcherneva sees the big fiscal policies implemented over the last two years by the Biden administration, which do not overly focus on the financial sector or prioritize tax cuts for the wealthy, as all good news. Still, she advocates for more economic progress. “The question for me is did we come out of the pandemic with better jobs, better conditions for working families than we had going into the pandemic?”
Professor Pavlina Tcherneva Helps Chart a Path for Job Guarantee Program in Colombia
Pavlina Tcherneva, associate professor of economics at Bard College, research associate at Bard’s Levy Economics Institute, and director of the Open Society University Network's Economic Democracy Initiative, recently met with government officials in Bogotá, Colombia, to present her proposal for a national job guarantee program. At the invitation of Vice Minister of Finance Diego Guevara, Professor Tcherneva met with five government divisions: the ministries of energy, development, finance, and culture, and the SAE (Sociedad de Activos Especiales, or Special Assets Society), which administers seized assets of narcotics traffickers in the country.
“The job guarantee is an economic policy that provides public employment opportunities on demand to anyone seeking decent, living-wage work,” Tcherneva says. “It is a structural stabilization policy that alleviates the economic, social, and political costs of unemployment and precarious employment. It is equity-driven and draws on a long tradition of human rights and social justice.” Governments all over the world have implemented policies that provide some level of job guarantee, though none have a truly universal job guarantee program. One example in U.S. history is the Works Progress Administration. Part of President Franklin Roosevelt’s New Deal, the agency employed millions of Americans on a wide range of public works projects during the Great Depression.
Bard College Professor Pavlina Tcherneva
During Tcherneva’s meetings in Bogotá, Colombian officials proposed to draft pilot public employment projects to further the work of each ministry. SAE, for example, discussed various ways in which the assets of the agency could support the creation of local employment and strengthen the work of grassroots and community organizations. These pilots would also support the public employment component of the national development plan, which President Gustavo Petro will present before the Colombian Congress in May.
“I was inspired by SAE's employment-centered, social inclusion approach to the management of seized assets,” Tcherneva notes. “In much of my policy work, I am asked to explain the innovative aspects of the job guarantee proposal. In Colombia, I had to do very little of that. Instead, I met with policy makers who were not only receptive but were already thinking about how to make it happen.”
During her stay in Colombia, Professor Tcherneva also delivered one of the two opening keynotes at the Third Annual Conference on Heterodox Economics at the National University of Colombia. Her talk was titled “The Role of Women in Heterodox Economics.”
Pavlina Tcherneva is a macroeconomist specializing in modern money theory and public policy, with a focus on fiscal and monetary policy coordination, full employment policies, and their impact on macroeconomic stability, unemployment, income distribution, and gender. Her book The Case for a Job Guarantee (Polity, 2020) was named one of the Financial Timesbest economics books of 2020 and has been published in eight languages. Her first book, Full Employment and Price Stability: The Macroeconomic Vision of William S. Vickrey (coedited with M. Forstater), is a rare collection of the lesser-known works by Nobel Prize–winning economist William Vickrey and reinterprets his proposals for the modern day. Tcherneva holds a BA in mathematics and economics (Phi Beta Kappa) from Gettysburg College and an MA and PhD in economics from the University of Missouri–Kansas City. She is an expert at the Institute for New Economic Thinking and, formerly, a visiting research fellow at the University of Cambridge Centre for Economic and Public Policy in the United Kingdom.
Bard College Professor Pavlina Tcherneva meets with and SAE Director Daniel Rojas Medellin. Photo courtesy Sociedad de Activos Especiales, Colombia.
Bard Economist L. Randall Wray Wins 2022 Veblen-Commons Award in Recognition of Significant Contributions to Evolutionary Institutional Economics
L. Randall Wray, professor of economics and senior scholar at the Levy Economics Institute of Bard College, has won the 2022 Veblen-Commons Award. This award is the highest honor given annually by the Association for Evolutionary Economics (AFEE) in recognition of significant contributions to evolutionary institutional economics. Named after the founders of institutional economics, Thorstein Veblen (1857-1929) and John R. Commons (1862–1945), and awarded since 1969, the Veblen-Commons Award is presented to scholars “on the basis of their contributions to a better understanding of both the economic process and the behavior of the major institutions that shape that process and society’s goals and values” (Trebing, 1992, 333). By recognizing significant contributions to institutional analysis, this award furthers the goal of institutional economics to make the world a better place.
Recipients of the Veblen-Commons Award have made outstanding contributions to institutional economics in the tradition of Veblen and Commons. Award recipients have focused their work on some of the most important topics confronting human society. Such topics include exploring the underlying power relations within society, the origins and implications of inequality, feminist economics, the origins of discrimination, the enabling myths of the dominant groups, the continuing conflict between rights and duties, the possibilities offered by modern technologies and the use of those possibilities for good or ill, the causes of financial crises, among others. Previous recipients include Levy scholars James Galbraith (2020), John F. Henry (2017), Jan Kregel (2011), and Hyman P. Minsky (1996).
L. Randall Wray is a senior scholar at the Levy Economics Institute and professor of economics at Bard College. He is one of the original developers of Modern Money Theory. Wray’s most recent books are Why Minsky Matters (Princeton University Press, 2016), and A Great Leap Forward (Academic Press, 2020), and Handbook of Economic Stagnation(with Flavia Dantas; Elsevier, 2022). Four new books will be published in 2022/2023: Making Money Work for Us (Polity Press, Fall 2022), Money For Beginners (with Heske Van Doornen; Polity Press, 2023), Modern Monetary Theory: Key Thinkers, Leading Insights (editor; Edward Elgar Publishing, 2022), and The Elgar Companion to Modern Money Theory (with Yeva Nersisyan; Edward Elgar Publishing, 2023).
Wray is the author of Money and Credit in Capitalist Economies (Edward Elgar Publishing, 1990), Understanding Modern Money (Edward Elgar Publishing, 1998), The Rise and Fall of Money Manager Capitalism (with É. Tymoigne; Routledge, 2013), Modern Money Theory (Palgrave Macmillan, 2012; 2nd rev. ed., 2015), and Macroeconomics (with William Mitchell and Martin Watts; Red Globe Press, 2019).
Wray previously taught at the University of Missouri–Kansas City and at the University of Denver, and has been a visiting professor at the Universities of Paris, Bologna, Bergamo and Rome, as well as UNAM in Mexico City. He holds a BA from the University of the Pacific and an MA and a Ph.D. from Washington University, where he was a student of Minsky. He has held a number of Fulbright Grants, including most recently at the Tallinn University of Technology in Estonia. He is the 2022 Veblen-Commons Award winner for contributions to Institutionalist Thought and will be the 2022-2023 Teppola Distinguished Visiting Professor at Willamette University, Salem Oregon.
Levy x Economics Club x Economics Program - Celebrate Class of 2024 Dinner
Blithewood4:45 pm – 6:45 pm EDT/GMT-4 Come celebrate graduating economics majors and the Levy Class of 2024 with other economics undergraduate and graduate students and faculty! All are welcome. South Asian food will be served.
4:45 pm – 6:45 pm EDT/GMT-4 Blithewood
Monday, March 11, 2024
Campus Center, George Ball Lounge6:00 pm – 8:00 pm EDT/GMT-4 It time for a break! Join us for recharging snacks and drinks in this midterm season! Brought to you by the Economics Club!
Tuesday, December 12, 2023
Nurgul Ukueva (OSUN EDI Visiting Faculty Fellow, Associate Professor, American University of Central Asia) Olin 1025:00 pm EST/GMT-5 The purpose of this research is to study the effect of migration and remittances on the health of elderly parents left behind using household survey panel data for Kyrgyzstan. Aging population is a significant global trend with important socio-economic implications worldwide. Kyrgyzstan is one of the top migrant-sending countries in the world with remittances comprising more than 30 percent of its GDP. The limited public pension benefits, dependence of elderly on household arrangements and support from adult children, while most children being labor migrants abroad makes Kyrgyzstan an important case study.
Theoretically, there are different channels through which migration and remittances could affect elderly and the overall impact is uncertain. On the one hand, remittances that households left behind could improve their standards of living, allowing for better nutrition, increased spending on health check-ups and access to better healthcare services, thus contributing positively to health outcomes of elders. On the other hand, with adult children working abroad, elderly parents may have to look after grandchildren, be involved in more housework and additional farm work. Elderly parents may lack physical and emotional support of their adult children and experience negative health consequences from migration of their children. Thus, the impact of migration and remittances on elderly health outcomes is ambiguous, demands empirical investigation.
Tuesday, November 28, 2023
Gabriel Hetland, Associate Professor of Latin American, Caribbean, and Latina/o Studies Faculty Affiliate, Sociology Department, SUNY Albany Olin 1025:00 pm – 6:30 pm EST/GMT-5 This will be a book talk. In case you want an image of the book or other details, click here.Is democracy possible only when it is safe for elites? Latin American history seems to suggest so. Right-wing forces have repeatedly deposed elected governments that challenged the rich and accepted democracy only after the defanging of the Left and widespread market reform. Latin America’s recent “left turn” raised the question anew: how would the Right react if democracy threatened elite interests? This book examines the complex relationship of the Left, the Right, and democracy through the lens of local politics in Venezuela and Bolivia. Drawing on two years of fieldwork, Gabriel Hetland compares attempts at participatory reform in cities governed by the Left and Right in each country. He finds that such measures were more successful in Venezuela than Bolivia regardless of which type of party held office, though existing research suggests that deepening democracy is much more likely under a left party. Hetland accounts for these findings by arguing that Venezuela’s ruling party achieved hegemony—presenting its ideas as the ideas of all—while Bolivia’s ruling party did not. The Venezuelan Right was compelled to act on the Left’s political terrain; this pushed it to implement participatory reform in an unexpectedly robust way. In Bolivia, demobilization of popular movements led to an inhospitable environment for local democratic deepening under any party.
Democracy on the Ground shows that, just as right-wing hegemony can reshape the Left, leftist hegemony can reshape the Right. Offering new perspectives on participation, populism, and Latin American politics, this book challenges widespread ideas about the constraints on democracy.
Thursday, June 15, 2023
Learn about our MA and MS programs and how to apply. Online Event2:00 pm – 3:00 pm EDT/GMT-4 Greetings, future Levy scholars. I am Carlton Rounds, admissions officer and assistant to the director of the Levy Economics Institute Graduate Programs in Economic Theory and Policy. During this information session, I will provide an overview of the Levy academic programs, admission requirements, enrollment steps, and financial aid procedures. For international students, I can clarify immigration requirements and planning. As a former Bard student and lifelong area resident, I will speak about life in the Hudson Valley and Bard College. Please Note: Applicants that attend virtual information sessions will have their application fees waived.
Thursday, June 1, 2023
Learn about our MA and MS programs and how to apply. Online Event2:00 pm – 3:00 pm EDT/GMT-4 Greetings, future Levy scholars. I am Carlton Rounds, admissions officer and assistant to the director of the Levy Economics Institute Graduate Programs in Economic Theory and Policy. During this information session, I will provide an overview of the Levy academic programs, admission requirements, enrollment steps, and financial aid procedures. For international students, I can clarify immigration requirements and planning. As a former Bard student and lifelong area resident, I will speak about life in the Hudson Valley and Bard College. Please Note: Applicants that attend virtual information sessions will have their application fees waived.
Thursday, May 18, 2023
Learn about our MA and MS programs and how to apply. Online Event2:00 pm – 3:00 pm EDT/GMT-4 Greetings, future Levy scholars. I am Carlton Rounds, admissions officer and assistant to the director of the Levy Economics Institute Graduate Programs in Economic Theory and Policy. During this information session, I will provide an overview of the Levy academic programs, admission requirements, enrollment steps, and financial aid procedures. For international students, I can clarify immigration requirements and planning. As a former Bard student and lifelong area resident, I will speak about life in the Hudson Valley and Bard College. Please Note: Applicants that attend virtual information sessions will have their application fees waived.
Thursday, May 4, 2023
Learn about our MA and MS programs and how to apply. Online Event2:00 pm – 3:00 pm EDT/GMT-4 Greetings, future Levy scholars. I am Carlton Rounds, admissions officer and assistant to the director of the Levy Economics Institute Graduate Programs in Economic Theory and Policy. During this information session, I will provide an overview of the Levy academic programs, admission requirements, enrollment steps, and financial aid procedures. For international students, I can clarify immigration requirements and planning. As a former Bard student and lifelong area resident, I will speak about life in the Hudson Valley and Bard College. Please Note: Applicants that attend virtual information sessions will have their application fees waived.
Monday, April 24, 2023
Dr. Jill McCorkel, professor of sociology and criminology at Villanova University and the founder and executive director of the Philadelphia Justice Project for Women and Girls Olin 1025:30 pm EDT/GMT-4 Women are the fastest growing segment of virtually all sectors of the carceral system (jail, prison, parole, and probation). This is also the case at the back end of the system, among those serving extreme sentences of 50 years in prison or more. People serving these sentences refer to their experience as "death by incarceration" given that sentence length and statutory limitations and exclusions from parole eligibility guarantee that they will die in prison. The number of women serving these sentences has exponentially increased in recent decades. The vast majority are survivors of gender violence. Their criminal convictions are often directly or indirectly tied to their encounters with violence and abuse. In this talk, I'll discuss why and how this is happening and what we can and should be doing about it.
Learn about our MA and MS programs and how to apply. Online Event2:00 pm – 3:00 pm EDT/GMT-4 Greetings, future Levy scholars. I am Carlton Rounds, admissions officer and assistant to the director of the Levy Economics Institute Graduate Programs in Economic Theory and Policy. During this information session, I will provide an overview of the Levy academic programs, admission requirements, enrollment steps, and financial aid procedures. For international students, I can clarify immigration requirements and planning. As a former Bard student and lifelong area resident, I will speak about life in the Hudson Valley and Bard College. Please Note: Applicants that attend virtual information sessions will have their application fees waived.
Thursday, April 6, 2023
Learn about our MA and MS programs and how to apply. Online Event2:00 pm – 3:00 pm EDT/GMT-4 Greetings, future Levy scholars. I am Carlton Rounds, admissions officer and assistant to the director of the Levy Economics Institute Graduate Programs in Economic Theory and Policy. During this information session, I will provide an overview of the Levy academic programs, admission requirements, enrollment steps, and financial aid procedures. For international students, I can clarify immigration requirements and planning. As a former Bard student and lifelong area resident, I will speak about life in the Hudson Valley and Bard College. Please Note: Applicants that attend virtual information sessions will have their application fees waived.
Thursday, March 16, 2023
Learn about our MA and MS programs and how to apply. Online Event2:00 pm – 3:00 pm EDT/GMT-4 Greetings, future Levy scholars. I am Carlton Rounds, admissions officer and assistant to the director of the Levy Economics Institute Graduate Programs in Economic Theory and Policy. During this information session, I will provide an overview of the Levy academic programs, admission requirements, enrollment steps, and financial aid procedures. For international students, I can clarify immigration requirements and planning. As a former Bard student and lifelong area resident, I will speak about life in the Hudson Valley and Bard College. Please Note: Applicants that attend virtual information sessions will have their application fees waived.
Thursday, March 2, 2023
Learn about our MA and MS programs and how to apply. Online Event2:00 pm – 3:00 pm EST/GMT-5 Greetings, future Levy scholars. I am Carlton Rounds, admissions officer and assistant to the director of the Levy Economics Institute Graduate Programs in Economic Theory and Policy. During this information session, I will provide an overview of the Levy academic programs, admission requirements, enrollment steps, and financial aid procedures. For international students, I can clarify immigration requirements and planning. As a former Bard student and lifelong area resident, I will speak about life in the Hudson Valley and Bard College. Please Note: Applicants that attend virtual information sessions will have their application fees waived.
Wednesday, February 22, 2023
Professor J.T. Roane, assistant professor of geography at Rutgers University-New Brunswick Reem-Kayden Center Laszlo Z. Bito '60 Auditorium5:00 pm – 6:30 pm EST/GMT-5 This talk is drawn from Roane's recently published book, Dark Agoras: Insurgent Black Social Life and the Politics of Place (NYU Press, 2023). Roane shows how working-class Black communities cultivated insurgent assembly—dark agoras—in twentieth century Philadelphia. He investigates the ways they transposed rural imaginaries about and practices of place as part of their spatial resistances and efforts to contour industrial neighborhoods. In acts that ranged from the mundane refashioning of intimate spaces to confrontations over the city's social and ecological arrangement, Black communities challenged the imposition of Progressive visions for urban order seeking to enclose or displace them.
Thursday, February 16, 2023
Learn about our MA and MS programs and how to apply. Online Event2:00 pm – 3:00 pm EST/GMT-5 Greetings, future Levy scholars. I am Carlton Rounds, admissions officer and assistant to the director of the Levy Economics Institute Graduate Programs in Economic Theory and Policy. During this information session, I will provide an overview of the Levy academic programs, admission requirements, enrollment steps, and financial aid procedures. For international students, I can clarify immigration requirements and planning. As a former Bard student and lifelong area resident, I will speak about life in the Hudson Valley and Bard College. Please Note: Applicants that attend virtual information sessions will have their application fees waived.
Thursday, February 2, 2023
Youssef Ait Benasser, PhD, Visiting Assistant Professor, Reed College Olin 2025:00 pm – 6:30 pm EST/GMT-5 Is trade policy symmetric? This talk sheds light on the trade performance of 73 country pairs that have experienced major liberalization policy reversals between 1986 and 2016. Econometric analysis of export data shows reversals have a limited impact and that earlier gains from removing trade barriers are persistent, particularly in wealthier countries. This result suggests that trade policy is asymmetric: compared to protectionist shocks, liberalization shocks have larger and longer effects. In this talk, Dr. Ait Benasser will present the methodology leading to their findings and the implications in the current context of renewed policy activism. They will also discuss how this project fits into their broader research agenda.
Thursday, February 2, 2023
Learn about our MA and MS programs and how to apply. Online Event2:00 pm – 3:00 pm EST/GMT-5 Greetings, future Levy scholars. I am Carlton Rounds, admissions officer and assistant to the director of the Levy Economics Institute Graduate Programs in Economic Theory and Policy. During this information session, I will provide an overview of the Levy academic programs, admission requirements, enrollment steps, and financial aid procedures. For international students, I can clarify immigration requirements and planning. As a former Bard student and lifelong area resident, I will speak about life in the Hudson Valley and Bard College. Please Note: Applicants that attend virtual information sessions will have their application fees waived.
Thursday, January 19, 2023
Learn about our MA and MS programs and how to apply. Online Event2:00 pm – 3:00 pm EST/GMT-5 Greetings, future Levy scholars. I am Carlton Rounds, admissions officer and assistant to the director of the Levy Economics Institute Graduate Programs in Economic Theory and Policy. During this information session, I will provide an overview of the Levy academic programs, admission requirements, enrollment steps, and financial aid procedures. For international students, I can clarify immigration requirements and planning. As a former Bard student and lifelong area resident, I will speak about life in the Hudson Valley and Bard College. Please Note: Applicants that attend virtual information sessions will have their application fees waived.
Thursday, January 5, 2023
Learn about our MA and MS programs and how to apply. Online Event2:00 pm – 3:00 pm EST/GMT-5 Greetings, future Levy scholars. I am Carlton Rounds, admissions officer and assistant to the director of the Levy Economics Institute Graduate Programs in Economic Theory and Policy. During this information session, I will provide an overview of the Levy academic programs, admission requirements, enrollment steps, and financial aid procedures. For international students, I can clarify immigration requirements and planning. As a former Bard student and lifelong area resident, I will speak about life in the Hudson Valley and Bard College. Please Note: Applicants that attend virtual information sessions will have their application fees waived.
Monday, November 14, 2022
Cars and Jails: Freedom Dreams, Debt, and Carcerality Olin Humanities, Room 1025:30 pm – 7:00 pm EST/GMT-5 Bard’s new Carceral Studies speaker series launches with a visit from the NYU Prison Education Project. Their recently published book Cars and Jails: Freedom Dreams, Debt, and Carcerality explores how the car, despite its association with American freedom and mobility, functions at the crossroads of two great systems of entrapment and immobility– the American debt economy and the carceral state. We will be joined by four of the Lab members, a group representing formerly incarcerated scholars and non-formerly incarcerated NYU faculty.
Thursday, November 10, 2022
An Introduction to Geographic Information Systems Online Event8:30 am – 11:00 am EST/GMT-5 There are two opportunities to attend:
In-Person 5:00 PM - 7:30 PM NY Bard College, Annandale-on-Hudson Old Henderson PC Lab 101A
In this session, participants will learn to use ESRI ArcGIS Online mapping software and receive a formal introduction to the fundamentals of geographic information systems (GIS) and conducting spatial analysis. Students will learn how GIS can be used as a tool for assessing social, economic, and environmental justice issues at the local, regional, and global scale.
Spatial data analysis can be used to reveal information previously hidden from plain sight. Using geographic information systems, policy issues can be addressed hands-on with real world data.
Learning Outcomes: An introduction to the capabilities of GIS science and its limitations Develop an appreciation of how spatial analysis can play a critical role in the creation, implementation, monitoring, and evaluation of social, economic, and environmental policy issues
Sunday, November 6, 2022
Online Event9:00 am – 10:00 am EDT/GMT-4 EDI Director Pavlina R. Tcherneva will present an introduction to Modern Money Theory (MMT).
OSUN Economic Democracy Initiative The Open Society University Network welcomes undergraduate applications for its summer workshop in Public Finance and Economic Policy. Organized and hosted by the OSUN Economic Democracy Initiative, this five-day workshop is for undergraduate students interested in public policy to tackle economic instability and insecurity, and in understanding the financing capacity and policy space available to governments to pursue these aims.
The workshop provides undergraduate students with a unique opportunity to learn about the latest research on modern money, public finance, and public policies that tackle economic instability and insecurity.
June 6-10, 2022 Bard College, Annandale-on-Hudson, NY, USA
All undergraduate students, regardless of whether they attend an OSUN institution or not, are welcome. Applicants from partner OSUN institutions are eligible for financial assistance and are especially encouraged to apply.
COVID and the climate crisis have taught us that governments must act decisively to tackle the most pressing challenges before us, and not leave solutions exclusively to private actors. These developments have led to a rethinking of the role of the state on a global scale. How shall we think about the policy options before different governments? What are their abilities to achieve them? What kind of real or financial constraints do they face? This workshop will provide students with a new framework for thinking about these questions and with concrete tools and techniques to explore these policy-relevant concerns.
Henderson 106 (Mac Lab)4:30 pm – 6:00 pm EDT/GMT-4 In February 2022, Russia launched an unprovoked, genocidal attack against the Ukrainian people. This lecture will review the origins of the conflict, how the United States and our NATO allies are likely to respond and what possible outcomes are on the horizon.
Scott Licamele ’91 is a Russia expert with over 20 years of experience dealing in the former Soviet Union. He has worked in various Russia-related capacities, including capital markets (at Sberbank CIB, Troika Dialog, and Alfa Bank) and government-related activities (at an NGO in Russia which was funded by the United States Information Agency in the 1990s). Licamele has lived and worked in Russia and Ukraine for seven years and is fluent in Russian. He is a graduate of the School of International and Public Affairs at Columbia University, where he studied Russian political economy. He received his BA in European History at Bard College. Licamele is currently unaffiliated with any Russia-related business or political entities.
Wednesday, April 13, 2022
EDI Research-to-Action Lecture Series Online Event10:30 am – 11:30 am EDT/GMT-4 Ben Baum is the Deputy Chief of Staff and Member Services Director for Congressman Sean Patrick Maloney (NY-18). He has worked for the Congressman since 2017 when he was a junior at Bard College. During Ben’s time in Washington, he has served as a senior staffer on the Congressman’s campaigns and most recently as the Deputy Chief of Staff at the Democratic Congressional Campaign Committee.
This Research-to-Action Lecture continues the EDI series on Bard College Alumni/ae taking important steps to shape contemporary policy conversations in the United States and beyond.
Thursday, March 31, 2022
The mutating virus of global inequality Online Event12:00 pm – 2:00 pm EDT/GMT-4 Join us for our second Economic Democracy Keynote with scholar Jayati Ghosh, Professor, Department of Economics, University of Massachusetts at Amherst.
Weis Cinema at Bard College (in-person) Join virtually on our YouTube live stream: https://youtu.be/ObdWL7yohSc
Prof. Ghosh will discuss how global inequality has not just increased absolutely but changed in nature. The increase and changing nature of global inequality has come about not only because of vaccine inequity but also massive differences in fiscal responses across rich countries and others, greater informality of labor in the developing world, the unequal experience of climate change, and the implications of the international architecture. Ghosh will specifically address International Property Rights and global investment rules and patterns, and what we can do about it.
Jayati Ghosh taught economics at Jawaharlal Nehru University, New Delhi for nearly 35 years. She is currently Professor of Economics at the University of Massachusetts at Amherst, USA. She has authored and/or edited 20 books and more than 200 scholarly articles. Recent books include “The making of a catastrophe: Covid-19 and the Indian economy”, Aleph Books forthcoming 2022; “When governments fail: Covid-19 and the economy”, Tulika Books and Columbia University Press 2021 (co-edited); “Women workers in the informal economy”, Routledge 2021 (edited); “Never Done and Poorly Paid: Women’s Work in Globalising India”, Women Unlimited, New Delhi 2009; co-edited “Elgar Handbook of Alternative Theories of Economic Development, 2014; co-edited “After Crisis”, Tulika 2009; co-authored “Demonetisation Decoded”, Routledge 2017; She has published more than 200 scholarly articles. She has received several prizes, including for the 2015 Adisheshaiah Award for distinguished contributions to the social sciences in India; the International Labour Organisation’s Decent Work Research Prize for 2011; the NordSud Prize for Social Sciences 2010, Italy. She has advised governments in India and other countries, including as Chairperson of the Andhra Pradesh Commission on Farmers’ Welfare in 2004, and Member of the National Knowledge Commission of India (2005-09). She was the Executive Secretary of International Development Economics Associates (www.networkideas.org), an international network of heterodox development economists, from 2002 to 2021. She has consulted for international organisations including ILO, UNDP, UNCTAD, UN-DESA, UNRISD and UN Women and is member of several international boards and commissions, including the UN High Level Advisory Board on Economic and Social Affairs, the Commission on Global Economic Transformation of INET, the International Commission for the Reform of International Corporate Taxation (ICRICT). In 2021 she was appointed to the WHO Council on the Economics of Health for All, chaired by Mariana Mazzucato. She writes regularly for popular media like newspapers, journals and blogs.
Thursday, November 18, 2021
Online Event12:00 pm – 1:00 pm EST/GMT-5 Peace is the goal for every country, community, and, hey, family. (See, we're funny here at BGIA.) In general, peace is the absence of war and violence. Through its work on the Global Peace Index and the Positive Peace Framework, the Institute for Economics and Peace takes peace and peace building further. It focuses on strengths not deficits and individual action on creating and sustaining positive societies.
Join us on Thursday, November 18 at 12pm for an hour long Positive Peace Workshop. In this workshop, participants will learn how to better think about actions and approaches to creating peaceful societies. It will focus on policy, strategy, and implementation. If you're interested in conflict resolution, policymaking, and peace building, don't miss this virtual event. RSVP required.
Monday, November 15, 2021
Mehrab Bakhtiar '11 Online Event12:00 pm – 1:30 pm EST/GMT-5 Mehrab Bakhtiar '11 will be delivering a talk titled "Female Empowerment and the Intrinsic Demand for Agency: Experimental Evidence from Northern Nigeria."
Mehrab Bakhtiar (Class of 2011) is an Associate Research Fellow & Deputy Chief of Party in the Poverty, Health, and Nutrition Division of the International Food Policy Research Institute. He joined IFPRI in 2019. He has carried out field experiments in developing countries to understand the behavioral barriers to hygienic practices in rural settings and the potential impact of innovative micro-finance contracts, business training and mentorship programs on entrepreneurial growth. His ongoing work includes studying the longer-term effects of an unconditional cash transfer (UCT) program on women’s agency in household decision-making through the use of lab-in-the-field experiments. Join Zoom Meeting: https://bard.zoom.us/j/82115809816?pwd=aFdnWk1SVmQ4dlM2Y2dPU2VlK3JyZz09
Meeting ID: 821 1580 9816 Passcode: 098406
Friday, November 12, 2021
OSUN-EDI Research-to-Action Lecture Series Campus Center12:00 pm – 1:30 pm EST/GMT-5 This Research-to-Action Lecture features Bard Alumni/ae taking important steps to shape contemporary policy conversations in the United States and beyond. Join us for the conversation in Weis Cinema at Bard College.
Join online at bit.ly/bard_action.
Thursday, October 7, 2021
Online Event Open Society University Network's Economic Democracy Initiative (EDI) is pleased to sponsor the upcoming Global Forum on Democratizing Work, held online October 5-7 and featuring leading economists, such as Thomas Piketty, Dani Rodrick, and Jayati Ghosh and New Republic journalist Kate Aronoff.
Following the Democratizing Work op-ed turned manifesto published one year ago in more than 43 newspapers, in 27 languages and 36 countries, the first-ever Global Forum on Democratizing Work brings together experts from around the world for three days of discussions on the urgency of democratizing work.
The central lesson of the COVID crisis is that working people are much more than resources. From the Democratizing Work Manifesto: "Human health and the care of the most vulnerable cannot be governed by market forces alone. If we leave these things solely to the market, we run the risk of exacerbating inequalities to the point of forfeiting the very lives of the least advantaged. How to avoid this unacceptable situation?"
The Global Forum provides the answer: by democratizing, decommodifying and decarbonizing work. That is, by involving employees in workplace decision-making, by guaranteeing useful employment to all, and by marshaling our collective strength and efforts to preserve life on the planet.
The forum brings together over 380 speakers from 6 continents presenting 100 panel discussions in 9 languages. Each day focuses on one of the Democratizing Work manifesto’s three principles: democratizing work, decommodifying work, and decarbonizing work.
Featuring voices from academia, trade unions, progressive flanks of the business community, the public sector, environmental activism, human rights advocacy organizations, and journalism, the Global Forum is a truly global event going far beyond a conventional academic conference.
EDI is not only co-sponsoring the event; EDI staff and student fellows are participating in these urgent conversations alongside many OSUN-affiliated faculty from across the globe. EDI encourages all those within OSUN and beyond to join the Global Forum, which is free and now open for registration!
Confirmed speakers include: Thomas Piketty (Paris School of Economics) Katharina Pistor (Columbia University) Dani Rodrik (Harvard University) Jayati Ghosh (University of Massachusetts-Amherst, United Nations High-Level Advisory Board on Economic, Social Affairs) Achille Mbembe (University of Witwatersrand) Jane Mansbridge (Harvard University) Juliet Schor (Boston College) Anthony Kwame Appiah (New York University) Debra Satz (Stanford College) Lukas Lehner (INET, Oxford University) Lawrence Lessig (Harvard University) Claudia Chwalisz (OECD) Daniel Aldana Cohen (University of California, Berkeley) Sanjay Pinto (Cornell University, Rutgers University) Kate Aronoff (New Republic) Sara Nelson (CWA, AFL-CIO) Aurore Lalucq (European Parliament) Iñigo Albizuri Landazabal (Mondragon Corporation) Robin Hahnel (American University) Jason Hickel (Royal Society of Arts)
Online Event Open Society University Network's Economic Democracy Initiative (EDI) is pleased to sponsor the upcoming Global Forum on Democratizing Work, held online October 5-7 and featuring leading economists, such as Thomas Piketty, Dani Rodrick, and Jayati Ghosh and New Republic journalist Kate Aronoff.
Following the Democratizing Work op-ed turned manifesto published one year ago in more than 43 newspapers, in 27 languages and 36 countries, the first-ever Global Forum on Democratizing Work brings together experts from around the world for three days of discussions on the urgency of democratizing work.
The central lesson of the COVID crisis is that working people are much more than resources. From the Democratizing Work Manifesto: "Human health and the care of the most vulnerable cannot be governed by market forces alone. If we leave these things solely to the market, we run the risk of exacerbating inequalities to the point of forfeiting the very lives of the least advantaged. How to avoid this unacceptable situation?"
The Global Forum provides the answer: by democratizing, decommodifying and decarbonizing work. That is, by involving employees in workplace decision-making, by guaranteeing useful employment to all, and by marshaling our collective strength and efforts to preserve life on the planet.
The forum brings together over 380 speakers from 6 continents presenting 100 panel discussions in 9 languages. Each day focuses on one of the Democratizing Work manifesto’s three principles: democratizing work, decommodifying work, and decarbonizing work.
Featuring voices from academia, trade unions, progressive flanks of the business community, the public sector, environmental activism, human rights advocacy organizations, and journalism, the Global Forum is a truly global event going far beyond a conventional academic conference.
EDI is not only co-sponsoring the event; EDI staff and student fellows are participating in these urgent conversations alongside many OSUN-affiliated faculty from across the globe. EDI encourages all those within OSUN and beyond to join the Global Forum, which is free and now open for registration!
Confirmed speakers include: Thomas Piketty (Paris School of Economics) Katharina Pistor (Columbia University) Dani Rodrik (Harvard University) Jayati Ghosh (University of Massachusetts-Amherst, United Nations High-Level Advisory Board on Economic, Social Affairs) Achille Mbembe (University of Witwatersrand) Jane Mansbridge (Harvard University) Juliet Schor (Boston College) Anthony Kwame Appiah (New York University) Debra Satz (Stanford College) Lukas Lehner (INET, Oxford University) Lawrence Lessig (Harvard University) Claudia Chwalisz (OECD) Daniel Aldana Cohen (University of California, Berkeley) Sanjay Pinto (Cornell University, Rutgers University) Kate Aronoff (New Republic) Sara Nelson (CWA, AFL-CIO) Aurore Lalucq (European Parliament) Iñigo Albizuri Landazabal (Mondragon Corporation) Robin Hahnel (American University) Jason Hickel (Royal Society of Arts)
The first-ever Global Forum on Democratizing Work, on October 5–7, 2021, will allow us to build the future of the #DemocratizingWork movement together, across geographical and disciplinary boundaries.
The Global Forum will gather participants from universities, trade unions, progressive businesses, public institutions, environmental and human rights NGOs, the media. Beyond these communities, activists or concerned citizens who are interested in the message encapsulated in the manifesto is welcome. With such a transdisciplinary exchange of perspectives, we hope to fuel a productive and inclusive learning process about the Manifesto’s principles. Participants will have the opportunity not only to attend sessions with prominent figures whose work focuses on the three core principles (democratize, decommodify, decarbonize) but also to discuss ideas and initiatives in smaller groups, based on common but diverse interests, paving the way toward orchestration.
Tuesday, September 14, 2021
A Virtual Panel and Discussion with Cynthia Miller-Idriss and Kathleen Blee Online Event5:00 pm – 6:30 pm EDT/GMT-4 Although white supremacist movements have received renewed public attention since the 2017 violence in Charlottesville and the attack on the U.S. Capitol, they need to be placed in deeper historical context if they are to be understood and combated. In particular, the rise of these movements must be linked to the global war on terror after 9/11, which blinded counterextremism authorities to the increasing threat they posed. In this panel, two prominent sociologists, Cynthia Miller-Idriss and Kathleen Blee, trace the growth of white supremacist extremism and its expanding reach into cultural and commercial spaces in the U.S. and beyond. They also examine these movements from the perspective of their members’ lived experience. How are people recruited into white supremacist extremism? How do they make sense of their active involvement? And how, in some instances, do they seek to leave? The answers to these questions, Miller-Idriss and Blee suggest, are shaped in part by the gendered and generational relationships that define these movements. Cynthia Miller-Idriss is Professor in the School of Public Affairs and the School of Education at American University, where she directs the Polarization and Extremism Research and Innovation Lab (PERIL). Kathleen Blee is Distinguished Professor of Sociology at the University of Pittsburgh. If you would like to attend, please register here. Zoom link and code will be emailed the day of the event.
Tuesday, May 11, 2021
Public Presentation and Conversation with Community 12:15 pm – 1:30 pm EDT/GMT-4 Demands for good jobs for all are informing current policy discussions. The current administration is considering federal support for local job creation as part of the Civilian Climate Corps (CCC) and the Green New Deal. Students from Bard College’s Right to Employment course have undertaken a project analyzing how a CCC public service employment program could be locally implemented in both Kingston and Newburgh, NY. Preliminary conversations with local community leaders and policy makers informed the proposals. The public presentations include an evaluation of the number of people that could be employed, the kinds of community projects that could be created, the organizations that could help run the projects, and the expected impact on the cities. Sponsored by the OSUN Economic Democracy Initiative.
Online Event9:00 am – 3:30 pm EDT/GMT-4 9 am New York l 3 pm Vienna
OSUN members are welcome to join the Levy Economics Institute of Bard College's 29th Hyman Minsky conference as an online event, May 5–6, 2021.
Distinguished academics, members of the Federal Reserve, government officials, practitioners in the financial sectors of the economy, and Levy Institute scholars will discuss topics including prospects and policies for the US and Europe after the COVID-19 crisis, monetary and fiscal policy stances to ensure full employment and price stability, and changes in the regulatory structure regarding the evolving risks of financial innovation in payments systems and cryptocurrencies.
Scheduled presenters include Robert Kaplan, Federal Reserve Bank of Dallas; Charles Evans, Federal Reserve Bank of Chicago; Patricia McCoy, Boston College; Kathryn Judge, Columbia University School of Law; James Paulsen, The Leuthold Group; Bruce Greenwald, Columbia Business School; Charles Goodhart, London School of Economics; Jan Hatzius, Goldman Sachs; Jason Furman, Harvard University; Frank Veneroso, Veneroso Associates; Lakshman Achuthan, Economic Cycle Research Institute (ECRI); Robert Barbera, Johns Hopkins University; Paolo Savona, CONSOB; Michael Greenberger, University of Maryland Law School; Bruce Kasman, JP Morgan; Peter Coy, Bloomberg; and Binyamin Appelbaum, Deborah Solomon, and Jeanna Smialek, New York Times.
We'll be in-person in NYC this fall! Online Event6:00 pm – 7:00 pm EDT/GMT-4 Join us to learn more about the BGIA program, our courses, internships and our in-person semester in NYC this fall.
To apply for the fall '21 semester, please visit: https://bard.studioabroad.com/index.cfm?FuseAction=Programs.ViewProgram&Program_ID=41053
Tuesday, November 17, 2020
Online Event7:00 pm – 8:30 pm EST/GMT-5 All of us work and study on a large campus and live in a thinly populated rural area. We tend to inhabit virtual bubbles where we are surrounded by people who see things the way we do. And whether we are newcomers to the Mid-Hudson Valley or longtime residents, we do not always understand the “signs” we encounter. What do yard signs in election season or “thin blue line” flags tell us about the landscape in which we live? What do colonial estates-turned-museums reveal about enduring inequalities? What murals and monuments “hide” in plain sight because they do not match our pre-set ideas about the place we may (or may not) feel we belong to? Who harvests the local crops but cannot afford to shop at the farmers’ market?
In an effort to shine some light on systemic racism and anti-racist alternatives in our everyday surroundings, the Division of Social Studies is organizing a “Reading the Signs” roundtable over Zoom as well as an accompanying online archive. The roundtable will also offer Bard community members an opportunity to reflect on the implications of the election on November 3rd, whatever the outcome happens to be.
Call for Contributions! What signs do you think need reading? What is an image, flag, space, mural, monument, memorial, item of clothing, word/phrase, etc. that points to instances of systemic racism in the past or present? What is a sign that points to anti-racist precedents in the past and/or emancipatory possibilities for the future?
In the days leading up to the roundtable, the Social Studies Division invites all Bard community members (students, staff, and faculty) to send photos, videos, audio recordings, and other documents of systemic racism and anti-racism to [email protected].
All contributions must be accompanied by a brief written statement (anything from a few sentences to a substantial paragraph) that provides initial context, explanation, and interpretation.
The roundtable will feature many of these contributions, which can be made anonymous upon request. The Division of Social Studies will also maintain an online archive of signs that will be available to Bard community members before and after the event.
Join via Zoom Meeting ID: 863 8920 3500 Passcode: 583480
Thursday, November 12, 2020
Online Event7:00 pm – 8:00 pm EST/GMT-5 Chat with Martha Tepepa, graduate programs recruiter, about the admission process. We'll discuss acceptance rates, financial aid, enrollment, visa processing, and, most important, the available options for attendance in fall 2021 given the current pandemic.
Monday, November 9, 2020
Tiberius Brastaviceanu, Active Affiliate and Cofounder of SENSORICA 8:30 am – 9:50 am EST/GMT-5 Join via Zoom: https://bard.zoom.us/j/93084719106?pwd=Y2VPUkhDQ0hYZU0xU3QvNlFYdjIyQT09
Please join FIN190 Accounting, RebelBase users, and OSUN affiliates for this online talk regarding the case for collaborative entrepreneurship.
Tiberius Brastaviceanu will give a talk on commons-based peer production and open value networks (OVN model). Disrupting the normal organization of the firm, social enterprise is expanding to include makerspaces, fablabs, open source communities, Web 3.0, open governance networks, and IT Infrastructure.
A Bard Center for the Study of Hate Webinar Online Event3:00 pm – 4:30 pm EDT/GMT-4 What is the economic cost of hate? It’s hard to focus on solutions to a societal problem if we don’t think about its costs.
The Bard Center for the Study of Hate is fortunate to have received a grant from GS Humane Corp to create an “economic cost of hate index” (led by Bard College economics professor Michael Martell).
Lee Badgett, professor of economics at the University of Massachusetts Amherst, is a key member of the team of experts we are consulting as we conceptualize and build this index.
Dr. Badgett’s new and highly acclaimed book The Economic Case for LGBT Equality: Why Fair and Equal Treatment Benefits Us All is one of the first and best sources about an important component of the economic cost of hate. It is both an essential contribution in its own right, and instructive as we think about how to measure the cost of other manifestations of hate.
Please join the Bard Center for the Study of Hate as it welcomes Dr. Badgett to talk about her new book.
After registering you will receive a confirmation email containing information about joining the webinar.
Wednesday, September 30, 2020
Now accepting applications! Online Event10:00 am – 11:00 am EDT/GMT-4 Join the programs’ recruiter to learn about admission requirements, financial aid, enrollment and more. Register here: https://connect.bard.edu/register/SEPT30
Wednesday, May 13, 2020
A Virtual Conference of the Levy Economics Institute of Bard College and Universita' degli Studi di Cassino e del Lazio Meridionale Website9:00 am – 5:00 pm EDT/GMT-4 On the 10th anniversary of Prof. Godley's departure, the Levy Institute will bring together some of the people who worked with him to offer memories or provide insights based on his work.
This virtual conference will take place on the Google Meet platform at Universita' degli Studi di Cassino e del Lazio Meridionale. The conference will be recorded and individual videos will be made available online on the Levy Institute's YouTube channel in the weeks following the event.
Monday, May 4, 2020
Zoom5:00 pm – 6:30 pm EDT/GMT-4 Come join economics faculty and students to catch up with what is going on in the program and ask any questions you might have. We will be hearing each professor give a brief overview of their current research and also of the classes they will be teaching next semester. Professor Pavlina Tcherneva will also be giving a brief talk about our current economic situation during this crisis, followed by an opportunity for students to ask questions.
Join us on Zoom this Monday May 4th at 5pm!
Topic: Econ Program Virtual Open House
Time: May 4, 2020 05:00 PM Eastern Time (US and Canada)
Find your local number: https://bard.zoom.us/u/acnevBWecY
Monday, March 30, 2020
4:30 pm – 6:00 pm EDT/GMT-4 Join us on Monday, March 30 at 4:30 p.m. for a virtual panel discussion with:Erin Cannan, Vice President for Student Affairs, Bard College; Angela Cavanna, Physician; Malia DuMont, Chief of Staff, Bard College; Helen Epstein, Visiting Professor of Human Rights and Global Public Health, Bard College; Pavlina Tcherneva, Associate Professor of Economics, Bard College; Tamara Telberg, Director of Counseling Services, Bard College;
Moderated by Felicia Keesing, Professor of BiologyJoin via ZoomFor those unable to join, we will share a recording of the session afterwards.
Thursday, March 12, 2020
Albee 1067:00 pm – 9:00 pm EDT/GMT-4
Wednesday, March 11, 2020
Albee 1067:00 pm – 9:00 pm EDT/GMT-4
Monday, March 9, 2020
Study Away in NYC! Experience International Affairs First-Hand Reem-Kayden Center Laszlo Z. Bito '60 Auditorium5:00 pm – 6:00 pm EDT/GMT-4 Meet with BGIA Director Elmira Bayrasli and Associate Dean of Civic Engagement and Director of Strategic Partnerships Brian Mateo for an overview about the program based in NYC, including:
- BGIA faculty and course offerings - Internships and student projects - Our dorms in NYC - How to apply to BGIA - Q&A
Monday, March 9, 2020
Campus Center, George Ball Lounge5:00 pm – 7:00 pm EDT/GMT-4 Come and chat with upperclassmen about any questions you might have regarding moderation, senior project, internship experience, and the economics program in general. Pizza and snack provided!
Thursday, March 5, 2020
Albee 1067:00 pm – 9:00 pm EST/GMT-5
Wednesday, March 4, 2020
Albee 1067:00 pm – 9:00 pm EST/GMT-5
Wednesday, December 18, 2019
Peer-led study space for Economics. Albee 1067:00 pm – 9:00 pm EST/GMT-5 Drop by just to study, or to work with a peer tutor in Economics.
Thursday, December 12, 2019
Peer-led study space for Economics. Albee 1067:00 pm – 9:00 pm EST/GMT-5 Drop by just to study, or to work with a peer tutor in Economics.
Wednesday, December 11, 2019
Peer-led study space for Economics. Albee 1067:00 pm – 9:00 pm EST/GMT-5 Drop by just to study, or to work with a peer tutor in Economics.
Thursday, December 5, 2019
Peer-led study space for Economics. Albee 1067:00 pm – 9:00 pm EST/GMT-5 Drop by just to study, or to work with a peer tutor in Economics.
Wednesday, December 4, 2019
Peer-led study space for Economics. Albee 1067:00 pm – 9:00 pm EST/GMT-5 Drop by just to study, or to work with a peer tutor in Economics.
Thursday, November 28, 2019
Peer-led study space for Economics. Albee 1067:00 pm – 9:00 pm EST/GMT-5 Drop by just to study, or to work with a peer tutor in Economics.
Wednesday, November 27, 2019
Peer-led study space for Economics. Albee 1067:00 pm – 9:00 pm EST/GMT-5 Drop by just to study, or to work with a peer tutor in Economics.
Friday, November 22, 2019 – Saturday, November 23, 2019
A panel discussing the pros and cons of divestment vs. shareholder activism. Olin Humanities, Room 1023:00 pm – 5:00 pm EST/GMT-5 A discussion on the pros and cons of shareholder activism vs. divestment. Shareholder activism is a method of activism where the shareholder uses their power to elicit change within the company. With a focus on fossil fuels the panel will discuss the values and disadvantages of each.
Thursday, November 21, 2019
Peer-led study space for Economics. Albee 1067:00 pm – 9:00 pm EST/GMT-5 Drop by just to study, or to work with a peer tutor in Economics.
Wednesday, November 20, 2019
Peer-led study space for Economics. Albee 1067:00 pm – 9:00 pm EST/GMT-5 Drop by just to study, or to work with a peer tutor in Economics.
Thursday, November 14, 2019
Peer-led study space for Economics. Albee 1067:00 pm – 9:00 pm EST/GMT-5 Drop by just to study, or to work with a peer tutor in Economics.
Wednesday, November 13, 2019
Peer-led study space for Economics. Albee 1067:00 pm – 9:00 pm EST/GMT-5 Drop by just to study, or to work with a peer tutor in Economics.
Thursday, November 7, 2019
Peer-led study space for Economics. Albee 1067:00 pm – 9:00 pm EST/GMT-5 Drop by just to study, or to work with a peer tutor in Economics.
Wednesday, November 6, 2019
Peer-led study space for Economics. Albee 1067:00 pm – 9:00 pm EST/GMT-5 Drop by just to study, or to work with a peer tutor in Economics.
Thursday, October 31, 2019
Peer-led study space for Economics. Albee 1067:00 pm – 9:00 pm EDT/GMT-4 Drop by just to study, or to work with a peer tutor in Economics.
Wednesday, October 30, 2019
Peer-led study space for Economics. Albee 1067:00 pm – 9:00 pm EDT/GMT-4 Drop by just to study, or to work with a peer tutor in Economics.
Thursday, October 24, 2019
Peer-led study space for Economics. Albee 1067:00 pm – 9:00 pm EDT/GMT-4 Drop by just to study, or to work with a peer tutor in Economics.
Wednesday, October 23, 2019
Peer-led study space for Economics. Albee 1067:00 pm – 9:00 pm EDT/GMT-4 Drop by just to study, or to work with a peer tutor in Economics.
Thursday, October 17, 2019
Peer-led study space for Economics. Albee 1067:00 pm – 9:00 pm EDT/GMT-4 Drop by just to study, or to work with a peer tutor in Economics.
Wednesday, October 16, 2019
Peer-led study space for Economics. Albee 1067:00 pm – 9:00 pm EDT/GMT-4 Drop by just to study, or to work with a peer tutor in Economics.
Thursday, October 10, 2019
Peer-led study space for Economics. Albee 1067:00 pm – 9:00 pm EDT/GMT-4 Drop by just to study, or to work with a peer tutor in Economics.
Wednesday, October 9, 2019
Peer-led study space for Economics. Albee 1067:00 pm – 9:00 pm EDT/GMT-4 Drop by just to study, or to work with a peer tutor in Economics.
Thursday, October 3, 2019
Peer-led study space for Economics. Albee 1067:00 pm – 9:00 pm EDT/GMT-4 Drop by just to study, or to work with a peer tutor in Economics.
Wednesday, October 2, 2019
Peer-led study space for Economics. Albee 1067:00 pm – 9:00 pm EDT/GMT-4 Drop by just to study, or to work with a peer tutor in Economics.
Thursday, September 26, 2019
Peer-led study space for Economics. Albee 1067:00 pm – 9:00 pm EDT/GMT-4 Drop by just to study, or to work with a peer tutor in Economics.
Wednesday, September 25, 2019
Peer-led study space for Economics. Albee 1067:00 pm – 9:00 pm EDT/GMT-4 Drop by just to study, or to work with a peer tutor in Economics.
Thursday, September 19, 2019
Peer-led study space for Economics. Albee 1067:00 pm – 9:00 pm EDT/GMT-4 Drop by just to study, or to work with a peer tutor in Economics.
Wednesday, September 18, 2019
Peer-led study space for Economics. Albee 1067:00 pm – 9:00 pm EDT/GMT-4 Drop by just to study, or to work with a peer tutor in Economics.
Sunday, June 16, 2019 – Saturday, June 22, 2019
Blithewood The Levy Economics Institute of Bard College is pleased to announce that the 10th Minsky Summer Seminar will be held June 16–22, 2019. The Seminar will provide a rigorous discussion of both the theoretical and applied aspects of Minsky’s economics, with an examination of meaningful prescriptive policies relevant to the current economic and financial outlook. It will also provide an introduction to Wynne Godley’s stock-flow consistent modeling methods via hands-on workshops.
Wednesday, May 15, 2019
Oleg Ivanets Visiting Assistant Professor of Economics and Business, Drew University Olin Humanities, Room 1024:45 pm – 5:45 pm EDT/GMT-4 This paper introduces the Systemic Risk Index (SRI), a single country-wide measure of systemic risk that can pinpoint problems at various financial markets which could develop if ignored into financial crises. SRI is based on the financial instability hypothesis of Hyman Minsky and, although it does not fully reflect all the ideas postulated in the hypothesis, it contributes to the literature on financial stability and monetary policy by providing an applied model of systemic risk. The model was applied to U.S. data from 1962 to 2016 and indicated significant accumulation of systemic risk prior to major recent financial crises like the global financial crisis in 2008 and the dot-com bubble in 2000.
Tuesday, May 7, 2019
Dustin Hamalainen Department of Economics University of Utah Olin Humanities, Room 2034:45 pm – 5:45 pm EDT/GMT-4 The traditional approach to financial theory assumes that any profitable speculation in financial markets will have stabilizing effects on prices. Speculation could only be destabilizing if investors, on average, bought high and sold low. Since this strategy would be unprofitable, speculation should dampen fluctuations as “arbitrageurs” bet against speculative bubbles. Despite the large body of theoretical and empirical work in favor of the idea that speculation has destabilizing effects on asset prices, the “traditional view” has still been used to argue that bank lending for the speculative purchase of assets will reduce price volatility. In this paper, I argue that financial intermediaries play a role in perpetuating periods of overvaluation through the extension of credit used for speculation. Using a Markov-switching vector autoregressive model with time-varying transition probabilities, I show that the expected duration of a “bull market” is dependent on the portfolio decisions of financial and nonfinancial sectors. As such, when the banking system lends against collateral, which is itself the object of speculation, asset price bubbles can persist, even when a growing share of investors believes that assets are overvalued.
Friday, May 3, 2019
Blithewood10:00 am – 4:00 pm EDT/GMT-4 Join us as a distinguished roster of historians, IR scholars, and economists discuss the legacy of the Versailles Treaty of 1919, which brought an end to World War I. Far from ending the “war to end all wars,” Versailles saddled the world with debts, imbalances, and festering geopolitical problems that helped lead to the Second World War, many of which are still with us today.
Speakers include: The Lord Skidelsky, Baron of Tilton, Professor Emeritus of Political Economy, Warwick University, and Member of the House of Lords, UK Parliament Dr. Nick Lloyd, King’s College London, and author, Passchendaele and Hundred Days Sean McMeekin, Francis Flournoy Professor of European History, Bard College Nur Bilge Criss, Professor Emeritus of International Relations, Bilkent University David Woolner, Professor of History, Resident Historian of the Roosevelt Institute Richard Aldous, Eugene Meyer Professor of British History and Literature, Bard College Pavlina Tcherneva, Economics Program Director and Associate Professor, Bard College Jan Kregel, Director of Research, Levy Economics Institute L. Randall Wray, Professor of Economics, Bard College, and Senior Scholar, Levy Economics Institute Jörg Bibow, Professor of Economics, Skidmore College, and Research Associate, Levy Economics Institute Please click on this link to register for the event by April 29th: Registration form Schedule:
10:15 AM
Welcome Remarks from Dimitri Papadimitriou, President of the Levy Economics Institute of Bard College
10:30 AM - 12:00 PM
The First World War and the Versailles Treaty
Dr. Nick Lloyd
“The Hundred Days. How World War I Ended.”
Sean McMeekin
“Unfinished Business. 1918 on the War’s Eastern Fronts.”
David Woolner, Nur Bilge Criss, and Richard Aldous
Panel Discussion
12:00 - 12:30 PM
Lunch
12:30 PM
Eugene Meyer Lecture by Lord Robert Skidelsky
“Could Germany have paid? John Maynard Keynes’s lesson for Britain and the Eurozone. ”
with an introduction by Pavlina R. Tcherneva
1:30 - 2:00 PM
Coffee break and student poster presentations
2:00 - 3:15 PM
The Economic Consequences
Moderator: Pavlina R. Tcherneva
Jan Kregel
“Keynes on International Relations: Gunboat Diplomacy, Free Trade and Capital Controls”
L. Randall Wray
“How To Pay for the War (against neoliberalism)”
Jörg Bibow
“Learning the Wrong Lessons: How Germany’s anti- Keynesianism has brought Europe to its knees”
Monday, April 15, 2019
Lecture by Daniel Schteingart Blithewood1:30 pm – 3:30 pm EDT/GMT-4 Poverty, inequality, and the labor market are crucial pieces of the development puzzle in Latin America. Daniel Schteingart will share his view on how these issues leave the majority of economies in the region stuck without being able to catch up. Dr. Schteingart’s research interests include comparative development, comparative industrial policies, poverty, inequality, and global value chains. He is a postdoctoral fellow at Consejo Nacional de Investigaciones Científicas y Técnicas CONICET and holds an MA in economic sociology and a PhD in sociology from the Instituto de Altos Estudios Sociales of the Universidad de San Martín, Argentina.
Liudmila Malyshava Visiting Instructor of Economics, Siena College Olin Humanities, Room 1025:00 pm – 6:30 pm EST/GMT-5 When the Soviet Union collapsed in the early 1990s, mainstream economists blamed centralized planning and state ownership of the means of production, advising the newly independent economies to embrace a system of free markets and private ownership. While some countries were able to weather the institutional shocks of change with minimal spillover effects, others remained desperately poor. The unsuccessful countries remained stuck in the “transition trap” even after the imposition of supposedly efficient and self-regulating free market reforms.
This inquiry suggests that the transition process of the former USSR economies has been constrained by the existing institutional organization and stagnating technological progress, the improvement of which requires structural reforms targeted at the dynamic transformation of production structures with conducive macroeconomic conditions and financial stability. To this purpose, the analysis explores the relationship between problems inherent in the physical production process of a soviet-style economy, the underdevelopment of the financial sphere, and disparities in economic structures. The interconnectedness of these problems often remains overlooked by policy makers and encourages policy mismatch. The paper then concludes that there is a need for structural reforms aimed at transforming input allocation to increase productivity, economic growth, and export competitiveness.
Monday, January 28, 2019
Peter Bent Assistant Professor of Economics The American University of Paris Olin Humanities, Room 1025:00 pm – 6:30 pm EST/GMT-5 What drives recoveries after financial crises? Bent addresses this question for the 1870–1913 “first era of globalization,” a period when international economic integration meant that terms of trade movements could have significant national-level impacts, but before governments were engaged in widespread economic management. Protectionism was one of the few economic policy options available at this time. The impacts of these two factors—terms of trade and tariff rates—over this period have been studied before. But previous studies have not looked specifically at how these factors influenced recoveries from financial crises. Bent finds that tariff shocks had a positive impact on GDP in post-crisis periods, while terms of trade shocks had a slightly negative impact. The tariff results are especially pronounced in temperate economies. Overall, this suggests that national governments, through trade policies, played a more significant role in shaping economic outcomes during this period than is typically recognized.
Wednesday, December 12, 2018
All about admissions and enrolling! Webinar6:00 pm – 8:00 pm EST/GMT-5 If you haven’t submitted your application, join us for an informal chat about requirements for admission, financial aid specifics, and other admission topics.
If you’ve been offered admission, let’s chat about the stages of enrolling in the programs, life on Bard's Annandale campus, Dutchess County (the area in which we’re located), and, of course, the Levy Economics Institute!
Friday, November 30, 2018
Website4:30 pm – 5:30 pm EST/GMT-5 During this information session, Prof. Thomas Masterson will host an informal chat about the academic programs of the M.A. and M.S. in Economic Theory and Policy. We will also answer questions about admission requirements, financial aid, and prerequisites for international students. Your application fee will be waived if you attend. Register HERE
**Please use Google Chrome or Mozilla Firefox on a desktop, laptop, or Android mobile device to participate in the webinar. Other platforms (iPhone, iPad) are not currently supported. Alternatively, join through Facebook LIVE!
Wednesday, November 28, 2018
Cassandra Sweet and Dalibor Eterovic
Olin Humanities, Room 1025:30 pm – 6:30 pm EST/GMT-5 Does the rigorous protection of patent rights advance or retard economic development? Two decades ago, a new global standard of intellectual property swept across developing and industrialized nations through the implementation of the WTO’s TRIPS Agreement. Many years later, the issue of patents remains contentious. In this talk, we focus on the effects of patent rights systems on total factor productivity growth, using dynamic panel regression analysis for 70 countries from 1965 to 2009. We show that the effects of stronger or more rigorous patent systems are insignificant for productivity growth in both developing and industrialized countries. Why does the strength of patents appear to have no impact on productivity? Classic economic theory suggests that stronger patent systems incentivize innovative output, with important spillover effects for productivity and growth. We offer an alternative explanation using data from the Economic Complexity Index. We find that while patents are increasingly irrelevant to productivity, the relationship between economic complexity and productivity is highly positive and significant. Our results are consistent with the contributions of the absorptive capacity theory in that they suggest it is not the discovery and ownership of novel products and processes at the innovative frontier that induces productive growth, but the ability of countries to adapt, replicate, and diffuse along the international productive chain.
Thursday, November 15, 2018
Blithewood10:30 am – 11:30 am EST/GMT-5 C. P. Chandrasekhar Professor of Economics Jawaharlal Nehru University, New Delhi
C. P. Chandrasekhar is a Professor at the Centre for Economic Studies and Planning, School of Social Sciences, Jawaharlal Nehru University. He has co-authored Crisis as Conquest: Learning from East Asia (2001) and is a regular columnist for Frontline Magazine and Businessline: Financial Daily. His area of expertise is applied macroeconomics and development economics with focus on industry and finance. He was awarded the Malcolm Adiseshaiah Award for 2009, presented to an outstanding social scientist for his or her contribution to economics and development studies. He is a member of the Executive Committee of the International Development Economics Associates (IDEAs), an international network of economists engaged in the promotion of teaching and research using heterodox approaches to economic issues as well as a member of the Executive Committee of the World Economics Association.
Tuesday, November 13, 2018
Aashish Mehta, Associate Professor Global Studies, UC Santa Barbara Olin Humanities, Room 1024:45 pm – 6:00 pm EST/GMT-5 It is commonly asserted that labor markets are becoming more “global”—or equivalently, that national labor markets are becoming more interconnected. Those making this assertion point out that globalized labor markets have consequences for all sorts of economic policy decisions, ranging from the design of macroeconomic stimulus to education to currency management. But is the assertion meaningful and correct? My collaborators and I argue that labor markets can become interconnected in many different ways, and that each of these dimensions of globalization has a bearing on different policy decisions. We show that some countries’ labor markets have globalized in one dimensions, only to become less global in others—and that the trends along each dimension differ significantly across countries. We also explain why some claims about labor market globalization are currently unverifiable. It follows that governments wishing to clean up policies from a previous era in order to cope with an ostensibly globalized world should approach the task carefully, applying scalpels rather than brooms, especially when considering changes to policies that reduce inequality.
Aashish Mehta is associate professor of global studies at UC Santa Barbara. He is a development economist, with a primary interest in the connections between structural change, globalization, education, employment, and equitable development. He collaborates frequently across disciplinary lines to study the functioning of public institutions in developing countries. Prior to joining UCSB, he served as an economist at the Asian Development Bank.
Tuesday, November 13, 2018
Website2:00 pm – 3:00 pm EST/GMT-5 During this information session, Prof. Ajit Zacharias will host an informal chat about the academic programs of the M.A. and M.S. in Economic Theory and Policy. We will also answer questions about admission requirements, financial aid, and prerequisites for international students. Your application fee will be waived if you attend. Register HERE
**Please use Google Chrome or Mozilla Firefox on a desktop, laptop, or Android mobile device to participate in the webinar. Other platforms (iPhone, iPad) are not currently supported. Alternatively, join through Facebook LIVE!
Wednesday, November 7, 2018
Website6:00 pm – 7:00 pm EST/GMT-5 During this information session Prof. Michalis Nikiforos will host an informal chat about the academic programs of the MA and MS in Economic Theory and Policy. We will also answer questions about admission requirements, financial aid, and prerequisites for international students. Your application fee will be waived if you attend. Registration is required.
**Please use Google Chrome or Mozilla Firefox on a desktop, laptop, or Android mobile device to participate in the webinar. Other platforms (iPhone, iPad) are not currently supported. Alternatively, join through Facebook LIVE!
Monday, October 29, 2018
Catherine Z. Sameh University of California, Irvine
Olin Humanities, Room 10212:00 pm – 1:30 pm EDT/GMT-4 The anti-colonial thrust of revolutionary and post-revolutionary Iran has been narrated largely through key male theorists and politicians, primarily Ayatollah Ruhollah Khomeini and Ali Shariati. Decolonial scholarship tends to resurrect this voice through its often uncritical and romanticized engagement with Shariati as the sole anti-colonial voice of Iran. Inviting attention to Iranian women’s rights activists as theorists in their own right, this talk will elaborate an alternative decolonial voice, one characterized by decoloniality’s very commitment to gendered analysis and unrelenting challenge to binary ways of thinking.
Thursday, October 25, 2018
Website3:00 pm – 4:00 pm EDT/GMT-4 During this information session, Jan Kregel, Graduate Programs' director, will host an informal chat about the academic programs of the M.A. and M.S. in Economic Theory and Policy. We will also answer questions about admission requirements, financial aid and prerequisites for international students.Your application fee will be waived if you attend. Registration is required. **Please use Google Chrome or Mozilla Firefox on a desktop, laptop, or Android mobile device to participate in the webinar. Other platforms (iPhone, iPad) are not currently supported. Alternatively, join through Facebook LIVE!
Wednesday, October 17, 2018
Hosted by Prof. Thomas Masterson Website1:30 pm – 2:30 pm EDT/GMT-4 During this information session Prof. Masterson will host an informal chat about his research. He will also talk about the academic programs and curricula of the MA and MS in Economic Theory and Policy. Prepare any questions you have about admission requirements, financial aid, and prerequisites for international students.
Tuesday, October 2, 2018
Stephen J. Trejo, Department of Economics, University of Texas at Austin Olin Humanities, Room 1024:45 pm – 6:00 pm EDT/GMT-4 We document generational patterns of educational attainment and earnings for contemporary immigrant groups. We also discuss some potentially serious measurement issues that arise when attempting to track the socioeconomic progress of the later-generation descendants of U.S. immigrants, and we summarize what recent research has to say about these measurement issues and how they might bias our assessment of the long-term integration of particular groups. Most national origin groups arrive with relatively high educational attainment and/or experience enough improvement between the first and second generations such that they quickly meet or exceed, on average, the schooling level of the typical American. Several large and important Hispanic groups (including Mexicans and Puerto Ricans) are exceptions to this pattern, however, and their prospects for future upward mobility are subject to much debate. Because of measurement issues and data limitations, Mexican Americans in particular and Hispanic Americans in general probably have experienced significantly more socioeconomic progress beyond the second generation than available data indicate. Even so, it may take longer for their descendants to integrate fully into the American mainstream than it did for the descendants of the European immigrants who arrived near the turn of the twentieth century.
Sunday, June 17, 2018 – Saturday, June 23, 2018
Blithewood The Levy Economics Institute of Bard College is pleased to announce the ninth Minsky Summer Seminar will be held from June 17–23, 2018. The Seminar will provide a rigorous discussion of both the theoretical and applied aspects of Minsky’s economics, with an examination of meaningful prescriptive policies relevant to the current economic and financial outlook. It will also provide an introduction to Wynne Godley’s stock-flow consistent modeling methods via hands-on workshops.
Thursday, May 3, 2018
Vis Taraz, Assistant Professor of Economics, Smith College Campus Center 2nd floor Yellow Room4:00 pm – 5:00 pm EDT/GMT-4 India’s National Rural Employment Guarantee Act (NREGA), the world’s largest public works program, has been demonstrated to have beneficial impacts on a wide range of outcomes, but its effects on agricultural productivity have been relatively understudied (Sukhtankar 2016a). We test whether NREGA affects agricultural yields, both in terms of average yields and also in terms of the sensitivity of yields to weather shocks. Our empirical strategy exploits the staggered rollout of NREGA and random fluctuations in weather. Using a nationwide dataset, we find that NREGA does not affect the average level of yields, but it does make yields more sensitive to adverse weather shocks. We find evidence that this may be occurring via the channels of wages and labor supply, because the effects we observe are most pronounced for crops that are more labor intensive. Our results suggest that the household-level consumption-smoothing benefits of NREGA must be balanced against challenges to national food security that India faces, particularly in the face of climate change. Hence, implementing complementary programs such as investing in improved seed varieties, expanding extension services, and promoting farm mechanization is critical.
Tuesday, April 17, 2018 – Wednesday, April 18, 2018
Financial Stability in a World of Rising Rates and the Repeal of Dodd-Frank Blithewood9:00 am EDT/GMT-4
Friday, April 6, 2018
Inaugural Conference, History of Capitalism at Bard Reem-Kayden Center Laszlo Z. Bito '60 Auditorium10:00 am – 6:30 pm EDT/GMT-4 Speakers include: Kevin Duong (Bard) David Kettler (Bard) Zak Rawle (Bard) Jane Glaubman (Cornell) Joseph Sheehan (Bard) Simon deBevoise (Bard) Zeke Perkins (SEIU) Ed Quish (Cornell) Maggie Dickinson (CUNY) Joy Al-Nemri (Bard) Ella McLeod (Bard) Laura Ford (Bard) Holger Droessler (Bard)
Thursday, March 1, 2018
Andrea Weber CEU-Bard Advanced Certificate Program in Inequality Analysis Campus Center Yellow Room 1:30 pm EST/GMT-5 We study interdependencies in spousal labor supply and provide new empirical evidence on the added worker effect, the change in labor supply in response to an income shock to the spouse. Our focus is married couples in which the husband loses his job due to a mass layoff or plant closure, using data from the Austrian Social Security Database. Couples in our sample are relatively young and the shock hits households at crucial stages of family formation. The high volatility in wives' predisplacement labor market careers requires a careful choice of a control group to model the counterfactual outcome at the household level. We examine three quasi-experimental counterfactual scenarios that are potentially affected by different types of selection on unobservables. Our analysis shows that husbands' and wives' labor market responses are remarkably consistent across all three scenarios and leads to four main conclusions. First, while husbands suffer large and persistent employment and earnings losses over the first five years after displacement, wives' labor supply increases only moderately, but persistently. Second, wives respond predominantly at the extensive margin. The implied participation elasticity with respect to the husband's earnings shock is very small, about 0.05 in the full sample and 0.08 in the sample of wives not employed at displacement. Third, in terms of nonlabor market-related outcomes we find a small positive effect on the probability of divorce but no effect of the husband's job displacement on fertility. Fourth, the effect of wives' labor supply responses on household income is negligible compared to the effects of unemployment insurance, which dampens especially the large initial earnings shock from job displacement. A plausible explanation for the very limited spousal labor response is gender identity norms, which prevent mothers of young children to enter the labor force.
Monday, December 11, 2017
Pizza and drinks. Presented by the Economics Program and the Economics Club Hegeman 2045:00 pm – 8:00 pm EST/GMT-5
Friday, November 3, 2017
Blithewood9:00 am – 10:30 am EDT/GMT-4 Guest presenter: Ajit Zacharias, Senior Scholar and Director of Distribution of Income and Wealth program, Levy Economics Institute
Webinar7:00 pm – 8:00 pm EDT/GMT-4 Jan Kregel, Director Levy Graduate Programs will be hosting an Information Session for students interested in the M.A. or M.S. in Economic Theory and Policy and the 3+2 or 4+1 programs.
Thursday, September 14, 2017
Howard Kunreuther James D. Dinan Professor of Decision Sciences and Policy Co-Director of Wharton Risk Management and Decision Processes Center Wharton School University of Pennsylvania
Campus Center, Weis Cinema4:40 pm EDT/GMT-4 We face challenges in dealing with potentially catastrophic events associated with climate change. Most individuals do not think about investing in energy efficient measures to reduce global warming or undertaking protective actions to reduce damage to their homes from future floods or hurricanes until after a disaster occurs. I will use concepts from behavioral economics and psychology to highlight why we ignore these risks and recommend public-private sector partnerships that provide economic incentives for taking steps now rather than waiting until it is too late.
Tuesday, May 23, 2017
Blithewood5:30 pm – 7:00 pm EDT/GMT-4 End of the year picnic and celebration of the graduating class of 2017
Thursday, May 11, 2017 – Friday, May 12, 2017
Olin Humanities, Room 1015:00 pm – 6:30 pm EDT/GMT-4 Presentations of senior project research. Organized by the student-run economics club
Tuesday, April 18, 2017 – Wednesday, April 19, 2017
The New Administration Meets the New Normal: Economic Policy to Offset Secular Stagnation Blithewood9:00 am EDT/GMT-4
Tuesday, April 11, 2017
Documentary Film Screening and Q&A with the Director, Dinesh Sabu Preston Hall 1104:45 pm EDT/GMT-4 Twenty years after the death of his parents, Indian-American filmmaker Dinesh Sabu begins a journey to finally piece together their story. Uncovering a silenced family history of mental illness, Sabu confronts the legacy of having a schizophrenic mother who died by suicide, the reality of growing up an orphaned immigrant, and the trauma of these events. Raised by his older siblings, Sabu had little idea who his parents were or where he came from. Through making Unbroken Glass, he attempts to put together their story and his own.
Tuesday, April 4, 2017
Albee4:45 pm – 6:00 pm EDT/GMT-4 Senior present their senior project research posters
Friday, January 13, 2017
5:30 p.m. EST
Blithewood5:30 pm – 6:30 pm EST/GMT-5 Host: Jan Kregel, Director, M.S. in Economic Theory and Policy; Senior Scholar and Director of Research, Levy Economics Institute
Blithewood5:00 pm – 6:00 pm EST/GMT-5 Host: Ajit Zacharias, Senior Scholar and Director, Distribution of Income, Wealth, and Well-Being Program, Levy Economics Institute
Blithewood2:00 pm – 3:00 pm EST/GMT-5 Host: Jan Kregel, Director, M.S. in Economic Theory and Policy; Senior Scholar and Director of Research, Levy Economics Institute
Olin Humanities, Room 2044:30 pm EST/GMT-5 Santadarshan Sadhu NORC at the University of Chicago Financial Education and Savings Behavior: Evidence from a Randomized Experiment in IndiaFinancial literacy programs are popular, despite limited evidence that they lead to significant changes in savings behavior. We provide an experimental test of the impact of financial literacy training on clients of a branchless banking program in India that offers low income households doorstep access to banking. We find that the intervention increased total savings in the treatment group increased by 49% within a period of one year. The increase in savings is due in part to decreases in expenditures on temptation goods. These results suggest that financial education interventions can be successful in changing savings outcomes, though we are only able to speculate why the program worked in this context.
Dr. Santadarshan Sadhu is a Research Scientist in NORC at the University of Chicago. He is a development economist specializing in impact evaluation of various developmental interventions and has a significant experience in assessing the impact of financial inclusion and financial literacy training. During the past 7 years, Dr. Sadhu has undertaken several research projects on financial inclusion and served as the Principal Investigator in three randomized impact evaluations of financial literacy training in India. Findings from Dr. Sadhu's research on financial literacy indicate that financial literacy training can significantly increase savings of clients who have access to doorstep banking. His present research focuses on assessing the impact of agri-value chain interventions on smallholder farmers and designing innovative and cost-effective models of delivering financial literacy training to low income and hard to reach populations.
Thursday, November 3, 2016
5:30 p.m. EDT
Blithewood5:30 pm – 6:30 pm EDT/GMT-4 Host: Dimitri B. Papadimitriou, Jerome Levy Professor of Economics, Bard College; President, Levy Economics Institute
To ensure access to all of the features available through Adobe Connect, please install the latest version of Flash Player before signing in to the webinar.
Blithewood2:00 pm – 3:00 pm EDT/GMT-4 Host: Thomas Masterson, Research Scholar and Director of Applied Micromodeling, Levy Economics Institute
Monday, October 24, 2016
Journalism in the Age of Trump, Ailes, Buzzfeed, Gawker, & Facebook Campus Center, Weis Cinema4:45 pm – 5:45 pm EDT/GMT-4 Andy Serwer presents the second annual John J. Curran '75 Lecture in Journalism, Monday, October 24, at 4:45 p.m. in Weis Cinema, Bertelsmann Campus Center, introduced by Bard writer in residence Benjamin Hale.
“Achaea had Homer, the Spanish Civil War had Hemingway, California had the Beach Boys, and now our hyperactive stock market has its own poet singer: Andy Serwer.” —The New Yorker
As editor in chief for the top financial news site, Yahoo Finance, ANDY SERWER oversees all editorial content, from in-depth stories to breaking news to original video programming.
Serwer launched the groundbreaking and enormously influential business-news blog Streetlife in 1997. Now one of the world’s leading business journalists, he worked twenty-nine years at Time, served for eight years as Fortune’s managing editor, and was CNN’s American Morning business anchor from 2001 to 2006.
In 2000, TJFR Business News Reporter named Serwer as its Business Journalist of the Year, lauding him as “perhaps the nation’s top multimedia talent, successfully juggling the roles of serious journalist, astute commentator and occasional court jester.”
Andy Serwer will deliver this lecture again at 6:00 p.m. on Tuesday, October 25th, at the Bard Graduate Center in NYC. That event is free and open to the public, but online registration is required. Visit the Bard Alumni/ae Network's website to learn more and register.
John J. Curran '75 Lectures in Journalism honors the memory of a proud Bardian whose dedication to ethical reporting in journalism informed a trusting readership for over a quarter of a century and promoted a culture of honesty, integrity, and truth.
To ensure access to all of the features available through Adobe Connect, please install the latest version of Flash Player before signing in to the webinar.
Hegeman 1024:30 pm EDT/GMT-4 Michael E. Martell, Assistant Professor, Bard College Leanne Roncolato, Assistant Professor, Franklin and Marshall CollegeWe compare how members of same-sex and different-sex households in the US allocate their time in activities related to housework, care labor, leisure and paid labor. Economic models of the household highlight the importance of relative earnings of household partners in determining the allocation of time use within households. We find that members of same-sex households, lesbians in particular, allocate their time differently than members of different sex households as their relative earnings potential changes. The varying responses to relative earnings potential highlight that the time use decisions of members of same-sex households are impacted by their distinct identities and preferences for equality. We suggest that the role of gender norms, identity and preferences are inadequately considered in economic theories of the household and suggest avenues for the development of more complete economic theories.
Michael Martell is an applied microeconomist with interests in the fields of labor, development, with special emphases on feminist theory and topics in inequality. He has previously taught at Franklin and Marshall College, Elizabethtown College, the University of Mary Washington and American University, where he earned his PhD.
Leanne Roncolato is an Assistant Professor of Economics at Franklin and Marshall College. She is a feminist economist with published work covering topics such as trade liberalization, informal employment, structural macroeconomics and time use in same-sex households. Her current projects include work on job quality of subway dancers in New York City and bargaining power in same-sex households.
Friday, April 22, 2016
Richard D. Wolff, Professor of Economics Emeritus, University of Massachusetts, Amherst Levy Economics Institute Conference Room4:45 pm – 6:30 pm EDT/GMT-4 Richard D. Wolff is Professor of Economics Emeritus, University of Massachusetts, Amherst. He is currently a Visiting Professor in the Graduate Program in International Affairs of the New School University in New York. Wolff has also taught economics at Yale University, City University of New York, and the University of Paris I (Sorbonne). Wolff has published many books and articles, both scholarly and popular. Most recently, in 2012, he published Democracy at Work: A Cure for Capitalism (Haymarket Books) and Contending Economic Theories: Neoclassical, Keynesian, and Marxian, with Stephen Resnick (Cambridge, MA, and London: MIT University Press). He writes regularly for Truthout.org and has been interviewed on The Charlie Rose Show, Up With Chris Hayes, Bill Maher’s Real Time, RT-TV, Amy Goodman’s Democracy Now!, Al Jazeera English, Thom Hartman, National Public Radio, Alternative Radio, and many other radio and TV programs in the United States and abroad. The New York Times Magazine has named him “America’s most prominent Marxist economist.”
Thursday, March 31, 2016
Campus Center, Weis Cinema5:00 pm – 7:30 pm EDT/GMT-4 A screening of Boom Bust Boom, a documentary by Monty Python writer Terry Jones, which takes a critical look at the economic crisis of 2008 and the boom and bust business cycle. A unique look at why economic crashes happen, this feature documentary combines live action with animation and puppetry.
The film features Bard Economics Professor and Levy Economics Institute Senior Scholar L. Randall Wray, who will attend the screening and discuss his new book, Why Minsky Matters: An Introduction to the Work of a Maverick Economist.
This event is free and open to the public.
Wednesday, January 27, 2016
Felipe Rezende Olin LC 1184:00 pm EST/GMT-5 The creation of new sources of financing and funding are at the center of discussions to promote real capital development in Brazil. It has been suggested that access to capital markets and long-term investors are a possible solution to the dilemma faced by Brazil¹s increasing financing requirements (such as infrastructure investment and mortgage lending needs) and the limited access to long-term funding in the country. However, over the past three decades the use of high interest rates as the single policy tool has prevented the development of a long-term finance market. This presentation aims to show that active manipulations of the benchmark Selic interest rate and liquidity risks hamper the development of a long term fixed income market. While the Brazilian banking literature has already highlighted the relationship between the high and volatile policy rate in Brazil and the low exposure of Brazilian banks to long-term assets, these studies have neglected the balance sheet and cash flow impacts of changes in interest rates. They have paid little attention to total expected and realized returns (yield plus price change) of portfolios.
Thursday, January 14, 2016
'Child Well-Being in Northern Canada' Olin LC 1184:00 pm EST/GMT-5 Measuring poverty and inequality in northern Canada and The Well-Being of Adolescents in Northern Canada
Monday, January 11, 2016
Olin LC 1184:00 pm EST/GMT-5 Early childhood stunting has been known to be an indicator of cognitive developmental stunting. What is the relationship between early childhood stunting and later educational outcomes? To answer this question, I examine matched pairs of siblings who differ in their third trimester in-utero exposure to the Tanzania hunger season. Using multiple placebo groups, I create falsification tests to show that congenital stunting is driving the effects on educational outcome. Additionally, I test for possible impacts of household heterogeneity, selective mortality, and sibling investment spillovers. My results find that a standard deviation increase in under-five stunting decreases years of education completed by approximately one grade level.
Wednesday, January 6, 2016
Blithewood5:30 pm – 6:30 pm EST/GMT-5 Time: 5:30 p.m. Eastern Standard Time (EST) Host: Thomas Masterson, Research Scholar and Director of Applied Micromodeling, Levy Economics Institute URL: Click here to join the webinar at the designated timeTo ensure access to all of the features available through Adobe Connect, please install the latest version of Flash Player before signing in to the webinar. For technical support, contact [email protected].
Friday, December 18, 2015
Blithewood1:30 pm – 2:30 pm EST/GMT-5 Time: 1:30 p.m. Eastern Standard Time (EST) Host: L. Randall Wray, Professor of Economics, Bard College, and Senior Scholar, Levy Economics Institute URL: Click here to join the webinar at the designated timeTo ensure access to all of the features available through Adobe Connect, please install the latest version of Flash Player before signing in to the webinar. For technical support, contact [email protected].
Tuesday, December 15, 2015
Blithewood3:00 pm – 4:00 pm EST/GMT-5 Time: 3:00 p.m. Eastern Standard Time (EST) Host: Ajit Zacharias, Senior Scholar and Director, Distribution of Income, Wealth, and Well-Being Program, Levy Economics Institute URL: Click here to join the webinar at the designated timeTo ensure access to all of the features available through Adobe Connect, please install the latest version of Flash Player before signing in to the webinar. For technical support, contact [email protected].
Thursday, December 3, 2015
Blithewood10:00 am – 11:00 am EST/GMT-5 Time: 10:00 a.m. Eastern Standard Time (EST) Host: L. Randall Wray, Senior Scholar, Levy Economics Institute, and Professor of Economics, Bard College URL: Click here to join the webinar at the designated timeTo ensure access to all of the features available through Adobe Connect, please install the latest version of Flash Player before signing in to the webinar. For technical support, contact [email protected].
Monday, November 23, 2015
Blithewood11:00 am – 12:00 pm EST/GMT-5 Time: 11:00 a.m. Eastern Standard Time (EST) Host: Ajit Zacharias, Senior Scholar and Director, Distribution of Income, Wealth, and Well-Being Program, Levy Economics Institute URL: Click here to join the webinar at the designated timeTo ensure access to all of the features available through Adobe Connect, please install the latest version of Flash Player before signing in to the webinar. For technical support, contact [email protected].
Tuesday, November 17, 2015
Blithewood5:30 pm – 6:30 pm EST/GMT-5 Time: 5:30 p.m. Eastern Standard Time (EST) Host: Michalis Nikiforos, Research Scholar, Levy Economics Institute URL: Click here to join the webinar at the designated timeTo ensure access to all of the features available through Adobe Connect, please install the latest version of Flash Player before signing in to the webinar. For technical support, contact [email protected].
Monday, November 2, 2015
Blithewood5:30 pm – 6:30 pm EST/GMT-5 Time: 5:30 p.m. Eastern Standard Time (EST) Host: Thomas Masterson, Research Scholar and Director of Applied Micromodeling, Levy Economics Institute URL: Click here to join the webinar at the designated timeTo ensure access to all of the features available through Adobe Connect, please install the latest version of Flash Player before signing in to the webinar. For technical support, contact [email protected].
Tuesday, October 6, 2015
co-sponsored by the Journal of Post Keynesian Economics Campus Center, Weis Cinema RE-EMBRACING KEYNES: SCHOLARS, ADMIRERS, AND SKEPTICS IN THE AFTERMATH OF THE CRISIS
By Cristina Marcuzzo University of Rome
Cristina Marcuzzo is a Full Professor of Political Economy at the Sapienza University of Rome with research interests in Keynesian economics and history of thought. Cristina earned a Diploma in Philosophy of Science from the University of Milan in 1974, and a Master of Science in Economics from the London School of Economics in 1977. She has held academic positions in universities across Italy, as well as had fellowships and academic experiences at many U.S. institutions such as UCLA, UC Berkeley, and Harvard University.
Currently, she serves as President of the Association for the History of Political Economy, and has served at the head of various University Research Projects on speculation and instability in financial markets. She has published many books across a variety of subjects, from the history of Keynesian thought, to her most recent book on the development of the Latin American economy. She has served as a referee for many peer-reviewed journals including the American Economic Review, Cambridge Journal of Economics, European Journal of the History of Economic Thought, History of Political Economy, and Economica Politica. She has also been published in many top journals.
This talk is part of the ongoing Economics seminar series, which is dedicated to furthering the exchange of economic ideas in the greater Bard community.
Monday, October 5, 2015
Campus Center, Weis Cinema Carol Loomis inaugurates the John J. Curran '75 Lectures in Journalism Series, introduced by Wyatt Mason.
The venerated financial journalist Carol Loomis is the former senior editor-at-large of Fortune Magazine, and the coiner of the term "hedge fund." The editor of Warren Buffett's annual shareholder letter, she has been recognized by the New York Times for her success in battling gender stereotypes within the financial-services industry, having started her career in the 1950s as one of only two female reporters at Fortune. The Reformed Broker calls Loomis "a lion of financial journalism," while ValueWalk celebrates her as, "without doubt, the greatest business writer of all time."
John J. Curran '75 Lectures in Journalism honors the memory of a proud Bardian whose dedication to ethical reporting in journalism informed a trusting readership for over a quarter of a century and promoted a culture of honesty, integrity, and truth.
Friday, September 18, 2015
Olin Humanities, Room 202 Join a conversation about the Syrian challenge and the European Union facilitated by Nesrin McMeekin and Greg Moynahan.
This event is sponsored by Bard Model United Nations and The Center for Civic Engagement.
Friday, September 11, 2015
Blithewood The purpose of the workshop is to present the Inequality Impact Assessment (IIA) model as well as preliminary findings of the model’s application to cap-and-trade carbon dioxide emission reduction policies, and to discuss revisions, modifications, and future additions to the model.
Friday, September 4, 2015
Olin 102 Interested in applying for a Fulbright Scholarship, a Watson fellowship, or another postgraduate scholarship or fellowship? This information session will cover application procedures, deadlines, and suggestions for crafting a successful application. Applications will be due later this month, so be sure to attend one of the two information sessions!
Wednesday, May 13, 2015
Hegeman 308
Tuesday, May 12, 2015
Hegeman 308
Wednesday, May 6, 2015
Hegeman 308
Tuesday, May 5, 2015
Hegeman 308
Monday, May 4, 2015
Economics Seminar Series Olin Humanities, Room 202 Sophie Mitra Fordham UniversitySophie Mitra, Ph.D is Associate Professor in the Department of Economics at Fordham University with research interests in disability, development and applied microeconomics. Sophie earned an MA in development economics and a doctorate in Economics from the University of Paris I Panthéon-Sorbonne in France. Before doing her doctorate, she was a development practitioner and worked for the Overseas Development Institute (ODI, London) as an overseas fellow in Fiji.Recently, she has studied the association between disability and poverty, the economic impact of disability onset, multidimensional poverty and disability in the U.S., social protection programs and the effects of mental health problems on employment and poverty. She has published in many peer-reviewed journals including the American Economic Review, Health Economics, Social Science and Medicine, World Development. She has served as editor or reviewer for many journals. This talk is part of the ongoing Economics seminar series, which is dedicated to furthering the exchange of economic ideas in the greater Bard community.
Wednesday, April 29, 2015
Hegeman 308
Tuesday, April 28, 2015
Hegeman 308
Monday, April 27, 2015
Reem-Kayden Center, Room 100 Alexei Abrahams World Bank and Brown University
Wednesday, April 22, 2015
Hegeman 308
Tuesday, April 21, 2015
Hegeman 308
Monday, April 20, 2015
The State of Labor, New Models of Organizing, and the Future of Work Blithewood This daylong workshop will address three primary themes: the state of the American labor movement, the future of work, and new models of organizing and worker power. An expert panel will address each topic, followed by a Q&A session. The workshop is free and open to the public.
Cosponsored by the Levy Economics Institute of Bard College and SEIU 775
Wednesday, April 15, 2015
Hegeman 308
Tuesday, April 14, 2015
Hegeman 308
Wednesday, April 8, 2015
Hegeman 308
Tuesday, April 7, 2015
Hegeman 308
Thursday, April 2, 2015
Blithewood Bilge Erten will present a paper she co-authored with Fiona Tregenna, entitled, “How Does Trade Liberalization Affect Racial and Gender Inequality in Employment? Evidence from Post-Apartheid South Africa.” Bilge will discuss how rapid trade liberalization can hurt disadvantaged groups, with findings based on a study of the effects of liberalization on the racial and gender composition of employment in South Africa in the mid-1990s, which found that African and female workers were particularly affected, and that districts that were exposed to a higher loss of protection experienced larger employment losses than comparable districts. The effects of liberalization on local employment are identified by exploiting the variation in tariffs across industries and in industrial composition across regions.
Levy Economics Institute Blithewood 1st Floor Conference Room April 2nd, 11:00am Please ring bell for access to building.
Wednesday, April 1, 2015
Hegeman 308
Tuesday, March 31, 2015
Hegeman 308
Wednesday, March 25, 2015
Hegeman 308
Tuesday, March 24, 2015
Hegeman 308
Tuesday, March 10, 2015
Hegeman 308
Thursday, March 5, 2015
Reem-Kayden Center, Room 101 Nurgul Ukueva Associate Professor of Economics American University of Central Asia
Wednesday, March 4, 2015
Hegeman 308
Tuesday, March 3, 2015
Hegeman 308
Thursday, December 4, 2014
Sustainability Careers with Non-Profits, Business and Government Reem-Kayden Center Join Eban Goodstein, Director of Bard's Center for Environmental Policy and MBA in Sustainability for the workshop "How to Get a Job Saving the Planet: Sustainability Leadership Careers in NGOs, Business and Government." Learn how our graduate programs prepare students for impactful careers leading change in these uncertain times.
Time: 5:00-7:00pm Location: RKC 103
Friday, November 21, 2014
Co-organized by the Levy Economics Institute of Bard College and Economia Civile with support from the Ford Foundation and the Friedrich-Ebert-Stiftung Athens, Greece On November 21 and 22, the Levy Economics Institute of Bard College will hold its second annual conference at the Megaron Athens International Conference Centre in Athens, Greece. Co-organized by the Levy Institute and Economia Civile, the conference will focus on the continuing debate surrounding the eurozone’s systemic instability; proposals for banking union; regulation and supervision of financial institutions; monetary, fiscal, and trade policy in Europe, and the spillover effects for the US and the global economy; the impact of austerity policies on US and European markets; and the sustainability of government deficits and debt.
Thursday, November 6, 2014
Peter Howard, Ph.D. Hegeman 102 Peter Howard is the Environmental Defense Fund and Natural Resources Defense Council Climate Valuation Fellow at the Institute for Policy Integrity at New York University School of Law. He holds a Ph.D. in Agricultural and Resource Economics from the University of California, Davis, where his research focused on climate change, environmental policy, and agricultural policy. Howard also holds a Bachelor of Arts from Bard College. He most recently wrote “Omitted Damages: What’s Missing from the Social Cost of Carbon” and "Flammable Planet: Wildfires and the Social Cost of Carbon," in which he examines the Integrated Assessment Models used to produce the U.S. social cost of carbon estimate. He also co-authored for Nature journal “Global Warming: Improve Economic Models of Climate Change,” along with Policy Integrity Director Richard Revesz, economist Kenneth Arrow, and others. In addition, he co-authored several report for the California Department of Food and Agriculture estimating the costs of various pesticide regulations in California.
Wednesday, October 15, 2014
Dinner will be served. RKC 200 Please join us for the most in-depth information about the Levy M.S. program. Levy Institute Scholar and Director of Applied Micromodeling Thomas Masterson will be available to discuss the program curriculum as well as the research that takes place at the Institute.Dinner will be catered by Rusty’s Farm Fresh Eatery and the Bard Farm. Please RSVP by e-mailing Azfar Khan ([email protected]) and indicate your choice of meal: vegetarian, vegan, or nonvegetarian.Early Decision deadline: November 15 | Regular Decision deadline: January 15Visit us at www.bard.edu/levyms.
Tuesday, October 14, 2014
11:00 am – 12:00 pm EDT/GMT-4 Date: Wednesday, October 14, 2015 Time: 11:00 a.m. Eastern Daylight Time (EDT) URL: Click here to join the webinar at the designated time To ensure access to all of the features available through Adobe Connect, please install the latest version of Flash Player before signing in to the webinar. For technical support, contact [email protected].
Thursday, September 25, 2014
Cosponsored by the University of Missouri–Kansas City, Journal of Post Keynesian Economics, and Levy Economics Institute of Bard College, with support from the Ford Foundation Kansas City, Missouri The 2014 Post Keynesian Conference will address many of the traditional areas of research covered by Post-Keynesian and other heterodox approaches to economics, with keynotes by Lord Robert Skidelsky, James K. Galbraith, and Bruce Greenwald. Special panels will include “Money and the Real World,” in honor of Paul Davidson; “Connecting Approaches in Heterodox Economics”; “Reflections on Frederic Lee's Contributions to Heterodox Economics”; and “Heterodox Microeconomics and Social Provisioning: A Session in Honor of Fred Lee.”
For more information regarding submissions and registration, contact Avi Baranes: [email protected].
Wednesday, September 24, 2014
"Two Cheers for Corporate Social Responsibility" A Talk in the Social Studies Divisional Colloquium Olin Humanities, Room 102 As “corporate social responsibility” enters the mainstream, itsinitials "CSR" have become a dirty word for a broad segment of the engaged public. The voluntariness, vagueness, and uncertainty of enforcement – not to mention blatant propaganda by companies – overwhelm any positive value, they argue. At the other end of the spectrum, CSR enthusiasts insist that it is leading to a new paradigm, even challenging traditional forms of corporate governance. Oft overlooked in the debate over CSR is the way in which public campaigns have driven change and, even more importantly, shaped the mechanisms that emerge. CSR continues to be as much the story of savvy activists leveraging global networks as it is the monitoring mechanisms and codes of conduct -- maybe more so. Peter Rosenblum will explore the current debate, drawing on his recently completed research on Indian Tea plantations and a soon-to-published chapter addressing advocates and critics of CSR.
Friday, May 2, 2014
Hegeman 102 DETERMINANTS OF IMMIGRATION HOMEOWNERSHIP: EXAMINING THEIR CHANGING ROLE DURING THE GREAT RECESSION AND BEYONDBy Kusum Mundra Rutgers University Newark The Great Recession had significant economic effects both in the U.S. and around the world. There is a great deal of evidence that homeownership rates declined during this period, though some immigrants were less severely affected than natives. This paper investigates factors that reduced the vulnerability of immigrants in the face of the economic crisis and increased the likelihood of homeownership. Specifically, it examines the extent to which birthplace networks, savings, length of stay in the U.S., and citizenship status affected the probability of homeownership before the recession and the extent to which these impacts changed since the recession. Using data from Current Population Survey for the years 2000 – 2012, we find that birthplace networks have a significant influence on homeownership and the importance of the factor has increased since the onset of recession. Moreover, the impact of birthplace networks on homeownership is stronger for citizens and immigrants who have not arrived recently. We also find a decline in the impact of saving and length of stay on the probability of homeownership during 2007-2012 compared to earlier years. In contrast, we find an increase in the impact of being a citizen on immigrant homeownership during this period.ABOUT THE AUTHORKusum Mundra is an Assistant Professor in the Department of Economics at Rutgers University Newark. She received her Ph.D. in Economics from the University of California, Riverside and an M.A. from Delhi School of Economics. Her research interests lie in issues of immigration, gender, terrorism and conflict, and econometrics. She has worked on issues ranging from the effect of immigrant networks and immigrant diasporas on trade, role of social networks on immigrant earnings, access to healthcare for immigrant women, empirical investigation of suicide bombing events and semiparametric panel data estimation. Her current research includes gender pay gap in the U.S., immigrant housing in the U.S. and Spain, role of immigrant networks in conflict, immigrant assimilation and trade creation, and nonparametric panel data estimation. Her research has been published in major economics journals including the American Economic Review, Demography, Journal of International Trade and Economic Development, Terrorism and Political Violence, the Handbook of Applied Econometrics and Statistical Inferences, and the Frontiers of Economics and Globalization – Migration and Culture. This talk is part of the ongoing Economics seminar series, which is dedicated to furthering the exchange of economic ideas in the greater Bard community.
Saturday, April 19, 2014
Hegeman 102 Session I (9:30 - 11:00 am): Development Economics and Macroeconomics1. Malaysia's New Economic Policy: Effects on Education and Productivity Hui-Yi Chin (Adviser: Sanjay DeSilva)
2. Quantity-Quality and the One Child Policy: The Trend of the Intergenerational Educational Mobility Lei Lu (Adviser: Sanjay DeSilva)
3. Return Migration and Entrepreneurship in Nigeria Olawunmi Ola-Busari (Adviser: Aniruddha Mitra)
4. Have the EU Countries been Diverging? Arberie Lajqi (Adviser: Pavlina Tcherneva)
Break: 11:00 - 11:15 am Session II (11:15 am - 12:00 pm): Applied Microeconomics 5. Online Music Pricing: A Comparison of Alternative Pricing Schemes Kanat Shaku (Adviser: Aniruddha Mitra)
6. Incidental Emotions and Trust Decisions Idan Elmelech (Advisers: Kristin Lane and Aniruddha Mitra)
Economics Program Open House and Lunch: 12:00 - 1:20 pm Session III (1:20 - 2:00 pm): Finance7. Financial Regulation and Excessive Risk: A Behavioral Approach Nelle Plotkin (Adviser: Dimitri Papadimitriou)
8. The Significance of Small Businesses Post Financial Crisis in the US Nicolai Eddy (Adviser: James A. Felkerson)
Wednesday, April 16, 2014
By Nicos Christodoulakis, Minister for Economy and Finance of Greece, 2001–2004
Reem-Kayden Center Laszlo Z. Bito '60 Auditorium ABOUT THE AUTHOR
From 1996 to 2004 Nicos Christodoulakis was successively the Deputy Minister of Finance, the Minister for Industry and Energy and the Minister for the Economy and Finance in Greece. Nicos participated to meetings at the World Bank, at the IMF and of the G7. In 2002-2003 he was chair of the Euro Group and Econ Fin, which are composed of all finance ministers of the Eurozone / member States of the European Union. From 1999 to 2007 he was elected as a member of the Greek Parliament with the PASOK party.
Nicos is currently Professor of Economic Analysis at the Athens University of Economics and Business (AUEB) and a Research Associate at LSE, Hellenic Observatory.
During his long and distinguished academic career and public service, Nicos has published several books and articles on economic policy and economic crises. His most recent books include: “Euro OR Drachma”, “Can the Titanic be saved? From Memorandum, back to Growth” (2011) and “Economic Theories and Crises: The cycle of Rationality and Folly” (2012).
This talk is part of the ongoing Economics seminar series, which is dedicated to furthering the exchange of economic ideas in the greater Bard community.
Wednesday, April 9, 2014
National Press Club, Washington D.C. Hosted by the Levy Economics Institute with support from the Ford Foundation. Pre-registration is requested. Information will be posted at www.levyinstitute.org as it becomes available. Or call 845-758-7700.
Saturday, March 15, 2014
Olin Humanities, Room 204 The "Career Club", led by Bard students and alumni/ae, will be having their first meeting this this Saturday, March 15, 2014 at 2 p.m. in Olin 204. The mission of the club is to help students connect with professional alumni/ae. By connecting with the Bard network students can get their questions answered by alumni/ae actually working in fields or organizations that interest them. Whether it's a summer internship or a job after graduation alumni/ae are an invaluable resource and can help you make important professional connections. Anyone and everyone is encouraged to attend.
Monday, December 9, 2013
Reem-Kayden Center Laszlo Z. Bito '60 Auditorium What do activists do when facing a supposedly unstoppable force? In the context of the housing boom of the last decade, efforts to limit abuses in the so-called sub prime home lending market were complicated by rising home ownership and rapidly growing industry profits. In this talk I examine how advocacy and nonprofit organizations mobilized to confront a problem with local consequences but extra-local causes.
I focus on the development of city and state anti-predatory lending laws intended to limit abuses, and the subsequent push-back against these efforts. Using legal cases, interviews, and documents by advocates, industry representatives, and policy-makers, I argue that debates between supporters and opponents were as much about scale as they were about the particular laws themselves. In other words, the question was whether cities and states should even have the power to regulate lending. Finally, I argue that the legal outcomes of these debates reshaped the home lending market, with consequences for the larger economy.
Monday, December 2, 2013
Mary Blair, American Museum of Natural History Reem-Kayden Center Laszlo Z. Bito '60 Auditorium Mary Blair, Ph.D., is Assistant Director for Research and Strategic Planning at the American Museum of Natural History’s Center for Biodiversity and Conservation (CBC) and an NSF Science, Engineering, and Education for Sustainability (SEES) Fellow.
The Center for Biodiversity and Conservation (CBC) has engaged in scientific research to inform conservation in Vietnam since 1997, resulting in over 42 new species described. Most recently, CBC began a project to inform and improve the conservation management of slow lorises, which are small, nocturnal primates. The greatest threat to the survival of slow lorises is the illegal wildlife trade; they are in high demand across their range for traditional medicines, as pets, and for food. By studying populations found in protected areas across Vietnam and nearby wildlife markets, CBC scientists have been gathering the basic biological data that are necessary for conservation managers to more effectively protect these species. CBC is now embarking on a new dimension of this project in collaboration with Dr. Gautam Sethi at Bard, to integrate biological approaches with econometrics to better understand the nature of the wildlife trade in Vietnam and its impacts on slow loris populations. Multidisciplinary approaches such as these are increasingly necessary and appropriate to solve today’s complex conservation challenges.More on Mary Blair
Campus Center, Lobby A rep from NYU'study abroad is on campus today with information about their programs worldwide. Drop by to see if one of their programs might be for you!
Thinking about Study Abroad but don't know how it works at Bard? It's never too early to start planning where/when/how. Contact Study Abroad Adviser Trish Fleming at 845-758-7080 or [email protected] to make an appointment.
Monday, September 16, 2013
Reem-Kayden Center Laszlo Z. Bito '60 Auditorium The Levy Institute of Economics is starting it's Master of Science in Economic Theory and Policy program from the Fall of 2014. The program emphasizes theoretical and empirical aspects of policy analysis through specialization in one of four Levy Institute research areas: macroeconomic theory, policy, and modeling; monetary policy and financial structure; distribution of income, wealth, and well-being, including gender equality and time poverty; and employment and labor markets.
The Master of Science program draws on the expertise of an extensive network of scholars at the Levy Economics Institute, a policy research think tank with more than 25 years of economic theory and public policy research. During the two-year M.S. program, students are required to participate in a graduate research assistantship carried out by Levy Institute scholars and faculty. Undergraduates in economics or related fields have an opportunity, through a 3+2 program, to earn both a B.A. and the M.S. in five years.
Friday, August 23, 2013
Olin Language Center, Room 115 Join us for an evening lecture with sustainability expert and Bard MBA Faculty, Hunter Lovins. Lovins will discuss her work with the government of Bhutan and the UN to develop a new roadmap for global economic sustainability. Please join her for a progress report. All are welcome to attend.
Hunter Lovins, Bard MBA Faculty; President of Natural Capitalism, Inc. Hunter Lovins J.D., Loyola Law School; B.S. (Sociology, Political Science). L. Hunter Lovins is president and founder of Natural Capitalism Solutions (NCS). NCS educates senior decision makers in business, government, and civil society to restore and enhance natural and human capital while increasing prosperity and quality of life. Lovins is also currently a faculty member at Bainbridge Graduate Institute and the chief insurgent of the Madrone Project. Lovins has consulted for scores of industries, governments, and large and small companies worldwide. Recipient of such honors as the Right Livelihood Award, Lindbergh Award, and Leadership in Business, she was named Time Magazine 2000 Hero of the Planet and in 2009 Newsweek dubbed her a “Green Business Icon.” She has co-authored nine books and hundreds of papers, including the 1999 book Natural Capitalism, 2006 e-book Climate Protection Manual for Cities, and the 2009 book Transforming Industry in Asia. She has served on the boards of governments, nonprofit organizations, and for-profit companies. Lovins’s areas of expertise include natural capitalism, sustainable development, globalization, energy and resource policy, economic development, climate change, land management, fire rescue, and emergency medicine. She developed the Economic Renewal Project and helped write many of its manuals on sustainable community economic development. She was a founding professor of business at Presidio Graduate School, one of the first accredited programs offering an M.B.A. in sustainable management.
Hegeman 308 Tutors on hand to help with Econ100 (Principles of Economics), Econ 102 (Intermediate Macroeconomics), Econ/Fin 291 (Finance/Investments), and Econ 229 (Statistics).
Tuesday, May 21, 2013
Hegeman 308 Tutors on hand to help with Econ100 (Principles of Economics), Econ 102 (Intermediate Macroeconomics), Econ/Fin 291 (Finance/Investments), and Econ 229 (Statistics).
Thursday, May 16, 2013
Hegeman 308 Tutors on hand to help with Econ100 (Principles of Economics), Econ 102 (Intermediate Macroeconomics), Econ/Fin 291 (Finance/Investments), and Econ 229 (Statistics).
Tuesday, May 14, 2013
Hegeman 308 Tutors on hand to help with Econ100 (Principles of Economics), Econ 102 (Intermediate Macroeconomics), Econ/Fin 291 (Finance/Investments), and Econ 229 (Statistics).
Thursday, May 9, 2013
Hegeman 308 Tutors on hand to help with Econ100 (Principles of Economics), Econ 102 (Intermediate Macroeconomics), Econ/Fin 291 (Finance/Investments), and Econ 229 (Statistics).
Tuesday, May 7, 2013
Hegeman 308 Tutors on hand to help with Econ100 (Principles of Economics), Econ 102 (Intermediate Macroeconomics), Econ/Fin 291 (Finance/Investments), and Econ 229 (Statistics).
Tuesday, May 7, 2013
Hegeman 102 Philip Harvey Rutgers School of Law
Philip L. Harvey is professor of law and economics at Rutgers University School of Law. He received his B.A. degree from Yale University, his Ph.D. in economics from the New School for Social Research, and his J.D. from Yale Law School. After clerking for the Honorable Robert L. Carter in the Southern District of New York, he worked as a Litigation Associate specializing in employment disputes at the New York law firm of Debevoise and Plimpton. He also has been a Visiting Scholar at the Russell Sage Foundation, a Visiting Professor of Law and Economics at the Yale School of Organization and Management, and was the first Joanne Woodward Professor of Public Policy at Sarah Lawrence College. Professor Harvey's research focuses on public policy options for securing economic and social human rights, with a particular emphasis on the right to work. He teaches Contracts, Labor and Employment Law, Law & Economics, and Social Welfare Law and Policy.
*pizza will be served
This talk is part of the ongoing Economics seminar series, which is dedicated to furthering the exchange of economic ideas in the greater Bard community.
Thursday, May 2, 2013
Hegeman 308 Tutors on hand to help with Econ100 (Principles of Economics), Econ 102 (Intermediate Macroeconomics), Econ/Fin 291 (Finance/Investments), and Econ 229 (Statistics).
Tuesday, April 30, 2013
Hegeman 308 Tutors on hand to help with Econ100 (Principles of Economics), Econ 102 (Intermediate Macroeconomics), Econ/Fin 291 (Finance/Investments), and Econ 229 (Statistics).
Thursday, April 25, 2013
Hegeman 308 Tutors on hand to help with Econ100 (Principles of Economics), Econ 102 (Intermediate Macroeconomics), Econ/Fin 291 (Finance/Investments), and Econ 229 (Statistics).
Tuesday, April 23, 2013
Hegeman 308 Tutors on hand to help with Econ100 (Principles of Economics), Econ 102 (Intermediate Macroeconomics), Econ/Fin 291 (Finance/Investments), and Econ 229 (Statistics).
Thursday, April 18, 2013
Hegeman 308 Tutors on hand to help with Econ100 (Principles of Economics), Econ 102 (Intermediate Macroeconomics), Econ/Fin 291 (Finance/Investments), and Econ 229 (Statistics).
Tuesday, April 16, 2013
Hegeman 308 Tutors on hand to help with Econ100 (Principles of Economics), Econ 102 (Intermediate Macroeconomics), Econ/Fin 291 (Finance/Investments), and Econ 229 (Statistics).
Thursday, April 11, 2013
Hegeman 308 Tutors on hand to help with Econ100 (Principles of Economics), Econ 102 (Intermediate Macroeconomics), Econ/Fin 291 (Finance/Investments), and Econ 229 (Statistics).
Thursday, April 11, 2013
Campus Center, Weis Cinema A very distinguished speaker Nicos Christodoulakis Professor of Economic Analysis at the Athens University of Economics and Business (AUEB) and a Research Associate at LSE, Hellenic Observatory
will give a talk on Greece and economic policies entitled From “Grexit” to Growth: on fiscal multipliers and how to end recession in Greece From 1996 to 2004 Nicos Christodoulakis was successively the Deputy Minister of Finance, the Minister for Industry and Energy and the Minister for the Economy and Finance in Greece. Nicos participated to meetings at the World Bank, at the IMF and of the G7. In 2002-2003 he was chair of the Euro Group and Econ Fin, which are composed of all finance ministers of the Eurozone / member States of the European Union. From 1999 to 2007 he was elected as a member of the Greek Parliament with the PASOK party.
During his long and distinguished academic career and public service, Nicos has published several books and articles on economic policy and economic crises. His most recent books include: “Can the Titanic be saved? From Memorandum, back to Growth” (2011) and “Economic Theories and Crises: The cycle of Rationality and Folly” (2012).
Tuesday, April 9, 2013
Hegeman 308 Tutors on hand to help with Econ100 (Principles of Economics), Econ 102 (Intermediate Macroeconomics), Econ/Fin 291 (Finance/Investments), and Econ 229 (Statistics).
Thursday, April 4, 2013
Hegeman 308 Tutors on hand to help with Econ100 (Principles of Economics), Econ 102 (Intermediate Macroeconomics), Econ/Fin 291 (Finance/Investments), and Econ 229 (Statistics).
Tuesday, April 2, 2013
Hegeman 308 Tutors on hand to help with Econ100 (Principles of Economics), Econ 102 (Intermediate Macroeconomics), Econ/Fin 291 (Finance/Investments), and Econ 229 (Statistics).
Monday, March 4, 2013
RKC 103 William H. Janeway Instutute for New Economic Thinking and Warburg Pincus Technology
EXCERPT FROM THE BOOK Doing Capitalism
“The Innovation Economy begins with discovery and culminates in speculation. Over some 250 years, economic growth has been driven by successive processes of trial and error and error and error: upstream exercises in research and invention, and downstream experiments in exploiting the new economic space opened by innovation. Each of these activities necessarily generates much waste along the way: dead-end research programs, useless inventions and failed commercial ventures. In between, the innovations that have repeatedly transformed the architecture of the market economy, from canals to the internet, have required massive investments to construct networks whose value in use could not be imagined at the outset of deployment. And so at each stage the Innovation Economy depends on sources of funding that are decoupled from concern for economic return.” ABOUT THE AUTHORWilliam H. Janeway has lived a double life of “theorist-practitioner,” according to the legendary economist Hyman Minsky who first applied that term to him twenty-five years ago. In his role as “practitioner,” Bill Janeway has been an active venture capital investor for more than 40 years, during which time he built and led the Warburg Pincus Technology Investment team that provided financial backing to a series of companies making critical contributions to the internet economy. As a “theorist,” Janeway received a Ph.D in Economics from Cambridge University where he was a Marshall Scholar. His doctoral study on the formulation of economic policy following the Great Crash of 1929 was supervised by Keynes’ leading student, Richard Kahn (author of the foundational paper on “the multiplier.”) Janeway went on to found the Cambridge Endowment for Research in Finance. Currently he serves as a Teaching Visitor at the Princeton University Economics Department and Visiting Scholar in the Economics Faculty of Cambridge University. He is a member of the Management Board of Cambridge Endowment for Research in Finance (CERF) and a co-founder and member of the Governing Board of the Institute for New Economic Thinking (INET). He serves on the Advisory Boards of the Princeton Bendheim Center for Finance and the MIT-Sloan Finance Group. In September 2012, Janeway received the honorary award of Commander of the Order of the British Empire (CBE) for services to education in support of Cambridge University and to UK/US relations. This talk is part of the ongoing Economics seminar series, which is dedicated to furthering the exchange of economic ideas in the greater Bard community.
Tuesday, February 19, 2013
Olin Humanities, Room 205 Levy Institute Master of Science in Economic Theory and Policy will have an Open House at 5:30 pm on Tuesday February 19 in Olin 205 to address questions about the M.S. program. Levy Institute scholars will be available to talk about the Institute's research areas and the M.S. degree.
Pizza will be served.
Levy Institute representatives to attend:
Dimitri B. Papadimitriou (President) Ajit Zacharias (Senior Scholar, Program Director of Income and Wealth Program) Thomas Masterson (Research Scholar, Director of Applied Micromodeling) Taun Toay (Research Analyst) Liudmila Malyshava (Assistant to the Director, M.S. in Economic Theory and Policy)
Tuesday, December 11, 2012
Reem-Kayden Center Laszlo Z. Bito '60 Auditorium Economics Seminar Series presents: Will the U.S. Embrace Euro 'Misery'? Marshall Auerback Institute for New Economic ThinkingMarshall Auerback, a Director of Institutional Partnerships at the Institute for New Economic Thinking, also has 30 years’ experience in the investment management business, serving as a global portfolio strategist for Pinetree Capital, a Canadian-based fund management group, an economic consultant to PIMCO, the world’s largest bond fund management group, a Research Associate for the Levy Institute, and a Research Fellow for the Economists for Peace and Security. From 1983-1987, he was an investment manager at GT Management (Asia) Limited in Hong Kong, where he focussed on the markets of Hong Kong, the ASEAN countries (Singapore, Malaysia, the Philippines, Indonesia, and Thailand), New Zealand and Australia. From 1988-91, Mr Auerback was based in Tokyo, where his Pacific Rim expertise was broadened to include the Japanese stock market. From 1992-95, Mr Auerback worked in New York for the Tiedemann Investment group, where he ran an emerging markets’ hedge fund. From 1996-99, he worked as an international economics strategist for Veneroso Associates, which provided macroeconomic strategy to a number of leading institutional investors, including the World Bank, as well as helping Mr. Veneroso to research the “Gold Book Annual 1998”.. From 1999-2002, he managed the Prudent Global Fixed Income Fund for David W. Tice & Associates, a USVI-based investment management firm, and assisted with the management of the Prudent Bear Fund. Mr Auerback graduated magna cum laude in Economics and Philosophy from Canada’s Queen’s University in 1981 and received a law degree from Corpus Christi College, Oxford University in 1983.With the return of free pizza!This talk is part of the ongoing Economics seminar series, which is dedicated to facilitate the access and exchange of economic ideas to the greater Bard community.
Monday, December 3, 2012
Hegeman 102 Economic Seminar Series presents: "A Wage of One's Own: The Rise and Fall of Progressive-Era Minimum Wage Legislation for Women: 1912-1923"
Robert Prasch Middlebury CollegeRobert E. Prasch is Professor of Economics at Middlebury College where he teaches Monetary Theory and Policy, Macroeconomics, American Economic History, and the History of Economic Thought. He is the author of over 100 academic articles, book chapters, book reviews, in addition to multiple editorials and interviews in newspapers, radio, and on-line media including The HuffingtonPost, Common Dreams, New Economic Perspectives and TranslationExercises. The most recent of his three authored or co-edited books is How Markets Work: Supply, Demand and the ‘Real World’ (Edward Elgar, 2008). He has also served on the editorial boards of the Review of Political Economy and the Journal of Economic Issues, and on the Board and as president of the Association for Evolutionary Economics (AFEE). Previous to Middlebury College, he taught at Vassar College, the University of Maine, and San Francisco State University. His PhD in economics is from the University of California, Berkeley. This talk is part of the ongoing Economics seminar series, which is dedicated to facilitate the access and exchange of economic ideas to the greater Bard community.
Wednesday, September 26, 2012
Hegeman 102 "Infinite Crisis in Europe"
Bruno Castro Macaes Bard ECLA* European College of Liberal Arts, in BerlinThis talk is part of the ongoing Economics seminar series, which is dedicated to facilitate the access to, and exchange of economic ideas to the greater Bard community.
*ECLA of Bard was the historical name of Bard College Berlin until December 2013.
Thursday, May 3, 2012
Reem-Kayden Center Laszlo Z. Bito '60 AuditoriumThe Economics Seminar Series presentsSara Hsu, SUNY New Palz The Great Recession was an enormous surprise to mainstream economists, while not as much to non-mainstream economists, due to differences in views of the financial economy and its interaction with the real economy. While policy makers continue to follow mainstream economic theory, with the implication that regulation and transparency can fix any market glitches, many remain skeptical of the ability of regulation to prevent this type of crisis in the future. Deeper restructuring of the economy, with curbs on the worst practices of speculation, are necessary to provide long-term stability. We have explored one way in which to measure speculation versus production, in what we call a “speculative spread,” and suggest that this may be an important means to understanding to what degree the economy is overfinancialized.
Tuesday, February 17, 2009
Reem-Kayden Center Room 102 Jeremiah Dittmar Cities, Institutions, and Growth: The Emergence of Zipf's Law Synopsis:
Zipf's Law characterizes city populations as obeying a distributional power law and is supposedly an economic universal. However, this characteristic feature of urban systems only emerged in Europe between 1500 and 1800. Moreover, it emerged relatively slowly in Eastern Europe.
This paper shows that a modern urban system emerged as international trade and rising agricultural productivity made it possible for big cities to grow as quickly as small cities. It also documents that the laws of the "second serfdom" shaped the peculiar trajectory of urban development in Eastern Europe. These laws restricted the mobility of tenant farmers, were associated with very large distortions in city growth, and underpinned the economic divergence between Eastern and Western Europe.
Thursday, February 5, 2009
Reem-Kayden Center Room 102
Soon Ryoo
Long Waves and Short Cycles in a Model of Endogenous Financial Fragility Abstract:This paper presents a stock flow consistent macroeconomic model in which financial fragility in firm and household sectors endogenously evolves through the interaction between real and financial sectors. Changes in firms’ and households’ financial practices, which are captured by the debt-capital ratio and the equitydeposit ratio, respectively, produce long waves. The Hopf bifurcation theorem is applied to clarify the conditions for the existence of limit cycles that describe the long waves, and simulations illustrate stable limit cycles. The long waves are characterized by periodic economic crises following long expansions. Short cycles, generated by the interaction between effective demand and labor market dynamics, fluctuate around the long waves.
Friday, January 30, 2009
Olin Humanities, Room 204 On Friday, January 30, Bard in China presents a lecture by Thomas B. Pepinsky, an assistant professor in the Department of Government at Cornell University. Pepinsky will discuss the impact of the global financial crisis on politics in the developing world, drawing some parallels and distinctions between the current global financial crisis and the Asian financial crisis of the late 1990s.
Campus Center, Weis Cinema Joseph Stiglitz, is Columbia University Professor and former chief economist for the World Bank is coauthor of The Three Trillion Dollar War: The True Cost of the Iraq Conflict. Stiglitz discusses the book during the event that is free and open to the public.
“Employment Guarantee Policies: Theory and Practice.” Program and registration information at www.levy.org as it becomes available.
Friday, April 28, 2006
Blithewood “Government Spending on the Elderly,” a conference of The Levy Economics Institute. Registration fee. Program and registration information to be posted on the Levy Institute website, www.levy.org.
Friday, October 28, 2005
Blithewood “Time Use and Economic Well-Being,” a conference of The Levy Economics Institute. Registration fee.
Monday, April 25, 2005
Levy Economics Institute "Gender and Mental Health." Lecture by Dr. Swapna Mukhopadhyay. Swapna Mukhopadhyay was professor of economics at Delhi’s Institute of Economic Growth until 1994 before she joined the Institute of Social Studies
Trust as director. She has been a consultant to many international organizations. Her research interests have ranged from theoretical economics and econometrics to labor market issues such as migration and informal sector, and women’s studies. Recently, retired as the Executive Director of the Institute of Social Studies Trust in New Delhi, India she has been at the International Poverty Research Centre of the United Nations Development Programme (UNDP) in Brasilia. (Kindly e-mail if you plan to attend: [email protected] and [email protected])
Tuesday, March 15, 2005
Hegeman 102 "Conversations in Feminist Economics." Lecture by Rania Antonopolous, New York University and the Levy Insititute at Bard, will highlight the difference in approach between Feminist and Neoclassical Economics. The lecture will assume some economic knowledge but students and faculty from all disciplines all are encouraged to attend.
Tuesday, March 1, 2005
Blithewood A lecture by Luodan Xu, economist and vice president, Lingnan (University) College, Sun Yatsen University. Presented by Levy Institute and Bard in China.
Olin Humanities, Room 102 "Achieving the Millennium Development Goals: Reducing Poverty and Promoting Gender
Equality." Caren Grown, director of the poverty reduction and economic governance team at the International Center for Research on Women. Grown leads research on the impact of multilateral and national economic policies on gender equality and asset accumulation and women's property rights. She
is the lead author of Taking Action: Achieving Gender Equality and the Millennium Development Goals, published by the Earthscan and the UN Millennium Project. Presented by Omicron Delta Epsilon's "Conversations in Feminist Economics" series, and was made possible with the help of the
Levy Institute and the Economics Department.
Thursday, October 14, 2004
Olin Humanities, Room 102 "Feminist Economics: A Different Approach to the 'Dismal Science.'" Speakers include Diane Elson, University of Essex, England; Elissa Braunstein, University of Massachusetts, Amherst; and Rania Antonopoulos, New York University and Levy Economics Institute. Sponsored by Omicron Delta Epsilon and Bard's Economics Program.
Wednesday, May 15, 2002
Olin Humanities Building Professor Mohommed Masum (of Jahangirnagar University, Dhaka, Bangladesh) will speak on "Strengthening the Role of International Labour Standards Relating to Child labour in Bangladesh". Professor Masum has served as a consultant to the International Labor Organizationa, the government of Bangladesh and various other organizations.
Wednesday, May 15, 2002
Olin Humanities Building Professor Mohommed Masum (of Jahangirnagar University, Dhaka, Bangladesh) will speak on "Strengthening the Role of International Labour Standards Relating to Child labour in Bangladesh". Professor Masum has served as a consultant to the International Labor Organizationa, the government of Bangladesh and various other organizations.