In our latest policy note, Levy President Pavlina Tcherneva and Research Fellow J. Matias De Lucchi discuss mixed signals in Fed Chair Warsh's recent press conference. @ptcherneva.bsky.social #FederalReserve #KevinWarsh #MonetaryPolicy @thomasmasterson.bsky.social

In response to a panel discussion, Levy Senior Scholar L. Randall Wray traces his personal path from a 1986 Fulbright in Bologna under Hyman Minsky to the founding of Modern Monetary Theory. www.levyinstitute.org/blog/underst...

"If the standard metrics point in conflicting directions, perhaps the problem lies less with the economies than with the measures themselves." In a new @ineteconomics.bsky.social piece, Levy Scholar James Galbraith responds to a recent essay by Paul Krugman. www.ineteconomics.org/perspectives...

On the US-EU Debate: A Response to Paul Krugman

A response to Paul Krugman's recent essay on U.S. and European productivity opens onto a broader question. If the standard metrics point in conflicting directions, perhaps the problem lies less with t...

ineteconomics.org

In our latest policy note, Levy Research Assoc. @tymoignee.bsky.social discusses how the "Retailization" of private markets is not only a source of instability for personal finances, but also reinforces the risk of financial instability in the economy Read now: www.levyinstitute.org/publications...

Considering a graduate education in economics? You can now check out our alumni panel and faculty spotlight videos on YouTube! Learn more about where a Levy Graduate degree can get you, and how our graduates make a difference. www.youtube.com/playlist?lis...

Levy Graduate Programs in Economic Theory and Policy - YouTube

The Levy Economics Institute Graduate Programs in Economic Theory and Policy were created to offer students an alternative to mainstream programs in economic...

youtube.com

Recordings from the Levy Institute Anniversary Conference (held May 8) are now available for viewing on our YouTube page. Be sure to check them out, linked in the thread below!

This September, Senior Scholar L. Randall Wray will be giving a keynote address at the Keynes Year 2026 Conference in Mexico City, led by UAM and UNAM. You can register to attend the conference and stay tuned for recordings. keynes2026.com/keyspeakers

Levy President (@ptcherneva.bsky.social) is among the core signatories backing the UN’s new Roadmap for Eradicating Poverty Beyond Growth. The report builds on years advancing job guarantee policies as a pathway to ending poverty and securing economic rights for all.

Congratulations to Sr Scholar James K. Galbraith, awarded an honorary doctorate last week from the University of Athens in recognition of his contributions to modern economics. His remarks can be read in the 🧵 www.youtube.com/watch?v=AOd9...

Τελετή αναγόρευσης καθηγητή James Galbraith

YouTube video by ΕΚΠΑ ΝΚUA

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Signed by Levy President Pavlina R. Tcherneva (@ptcherneva.bsky.social), this op-ed by Olivier de Schutter et al. advocates for the Roadmap for Eradicating Poverty Beyond Growth. You can now read the report and add your signature (🧵 below)

The Guardian@theguardian.com · 2mo ago

We economists have done the maths: ‘growth’ is a doomed strategy – there is a better way | Olivier De Schutter and others

"Workers are going to be squeezed on both sides, stagnating wages and increasing cost of living." Levy President Pavlina Tcherneva weighs in on inflation discussions in recent @marketplace.org report. @ptcherneva.bsky.social www.marketplace.org/story/2026/0...

Wages are up, but still being outpaced by inflation

With the consumer price index running at 3.8% — and expected to rise further when new data drops Wednesday — purchasing power is eroding.

marketplace.org

Senior Scholar L. Randall Wray tackles the coming AI-induced crash and rising oil prices in two new blog posts on the Levy Institute website. 🧵

Episode 7 of the Levy Institute Podcast series is out now! In this episode, three Levy Institute scholars sit down to discuss the life and legacy of Wynne Godley, the father of the Stock Flow Consistent Model used by the Levy macro-modelling team. www.podbean.com/eas/pb-aeaek...

Poverty isn't just about money, it's about time. When we count unpaid household labor like childcare, cooking & cleaning, nearly 40% more employed Americans are living in poverty than official statistics suggest. Read our latest brief, out now: www.levyinstitute.org/publications...

On May 8, we marked Levy's 40th anniversary by convening economists, journalists & policymakers to tackle the defining economic challenges of our time at our annual conference. In the coming weeks we will share video footage and highlights from the day's proceedings. Stay tuned.

Join us today at 2 PM in Blithewood! Read more: www.levyinstitute.org/events/event...

Breaking the Tragedy of the Horizon? Characterizing the Green Turn of Monetary Regimes – Levy Economics Institute of Bard College

Although remaining controversial and in its infancy, the “greening” of monetary policy and financial regulation is spreading. Such an environmental turn appears as a key channel to reform capitalism, ...

levyinstitute.org

Levy Institute@levyecon.bsky.social · 3mo ago

Next Tuesday, May 12 @ 2 PM, join us at the Levy Institute for "Breaking the Tragedy of the Horizon? Characterizing the Green Turn of Monetary Regimes" with Louison Cahen-Fourot (@louisoncf.bsky.social). www.levyinstitute.org/events/event...

From Minsky's vision and AI to financial instability and energy transitions, the speakers at the Levy Institute Anniversary Conference tackle today's most salient economic questions. Pictured: James Galbraith, L. Randall Wray, and Chris Kennedy.

We have officially kicked off our anniversary conference this morning with an introduction by Levy President Pavlina Tcherneva and our keynote speaker, William H. Janeway!

Tomorrow we hold the annual conference at the Levy Institute. The 33rd of its kind in the 40 years since the Institute’s founding, it convenes leading voices in independent economic thought from around the world. We look forward to sharing the day’s insights. www.levyinstitute.org/events/event...

Next Tuesday, May 12 @ 2 PM, join us at the Levy Institute for "Breaking the Tragedy of the Horizon? Characterizing the Green Turn of Monetary Regimes" with Louison Cahen-Fourot (@louisoncf.bsky.social). www.levyinstitute.org/events/event...

This Friday, we welcome Senior Levy Scholar and member of the Institute's Macro-Modeling Team, Gennaro Zezza to Blithewood for our anniversary conference! Zezza will focus on prospects for the US, outlining the sustainability of a K-shaped economy. www.levyinstitute.org/events/event...

We are pleased to welcome Professor @darrickhamilton.bsky.social from The New School's Institute on Race, Power, & Political Economy to our anniversary conference next week. Hamilton will present on employment & economic security alongside Pavlina Tcherneva. www.levyinstitute.org/events/event...

Next week, we are excited to invite Isabella Weber, University of Massachusetts Amherst, to the Levy Institute to present on China and alternative development at our anniversary conference. @isabellamweber.bsky.social Learn more: www.levyinstitute.org/events/event...

We are pleased to welcome Levy Scholar Yan Liang to our anniversary conference next week! Liang will be presenting alongside Isabella Weber on China & Alternative Development. www.levyinstitute.org/events/event...

In our latest working paper, Levy President Pavlina Tcherneva advocates for a job guarantee: "Not as a transitional measure. Not as a residual safety net. But as the institutional anchor of an economy that finally works for the people who do the work." www.levyinstitute.org/publications...

While many know Levy President Pavlina Tcherneva’s (@ptcherneva.bsky.social) work on the Job Guarantee, her broader research agenda has focused on evaluating macroeconomic policy by its effects on employment, inflation, and income distribution, rather than growth, stabilization, and stimulus alone.

NEW POLICY NOTE Senior Scholar L. Randall Wray breaks down the reality of the US war with Iran. What does warfare really cost the average American? www.levyinstitute.org/publications...

How much did speculation really drive Europe’s gas price surge? Today @ 5PM EST: Emanuele Citera will break down the 2020–24 energy crisis—and show why supply shocks and policy, not speculation, were the real story. bard.zoom.us/webinar/regi...

Alongside an expert lineup, Levy Institute President Pavlina Tcherneva will share insights on the U.S. job market in 2026. This week, we will be spotlighting her work ahead of our May 8 conference. @ptcherneva.bsky.social www.levyinstitute.org/events/event...

Today at 11:30 EST! Be sure to tune in. Register: bard.zoom.us/webinar/regi...

Levy Institute@levyecon.bsky.social · 4mo ago

Pandemic inflation, the war in Ukraine & now a potential energy crisis from the war in Iran all highlight the relationship between inflation & sector-specific price shocks. Monday @ 11:30 EST: Sam Stockman discusses how price stability can be achieved. bard.zoom.us/webinar/regi...