Research Papers
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Working Paper Series
Shadow Lobbyists
Oct 2020
Unregistered lobbyists, including former members of Congress, are a key resource for lobbying firms
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Working Paper Series
Unemployment and Income Distribution: Some Extensions of Shaikh’s Analysis
Sep 2020
Our findings confirm the existence of a negative relationship between labor market slack and the wage share, and we find no tendency to return to a ‘normal’ unemployment rate associated with a stable wage share.
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Working Paper Series
Masters of Illusion: Bank and Regulatory Accounting for Losses in Distressed Banks
Sep 2020
The study seeks to explain why the instruments of central banking inevitably break down over time.
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Working Paper Series
Voting Rights, Deindustrialization, and Republican Ascendancy in the South
Sep 2020
How NAFTA led to GOP dominance of the American South
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Working Paper Series
Government as the First Investor in Biopharmaceutical Innovation: Evidence From New Drug Approvals 2010–2019
Sep 2020
Amid debates over costs—and profits—from a coronavirus vaccine, a new study shows that taxpayers have been footing the bill for every new drug approved between 2010 and 2019
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Working Paper Series
Spilt Milk: COVID-19 and the Dangers of Dairy Industry Consolidation
Aug 2020
Consolidation in the dairy industry has created separate, inflexible supply chains for consumers and commercial markets. When COVID killed commercial demand, perfectly good milk and cheese was wasted.
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Working Paper
Germany and China Have Savings Gluts, the USA Is a Sump: So What?
Aug 2020
An alternative look at the “global savings glut”
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Working Paper Series
International Financial Regulation: Why It Still Falls Short
Aug 2020
Despite post-2008 regulations, the boom-bust credit cycle continues to run wild
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Working Paper
How “Maximizing Shareholder Value” Minimized the Strategic National Stockpile: The $5.3 Trillion Question for Pandemic Preparedness Raised by the Ventilator Fiasco
Jul 2020
The success of projects for pandemic preparedness and response depends on the strength of government-business collaborations.
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Working Paper Series
Immaculate Deception: How (and Why) Bankers Still Enjoy a Global Rescue Network
Jul 2020
A look at Dodd-Frank’s impact
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Working Paper Series
Employment and Earnings of African Americans Fifty Years After: Progress?
Jul 2020
To fulfill MLK’s vision of jobs and freedom for Black Americans, Washington must rein in corporate greed
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Working Paper
Never Together: Black and White People in the Postwar Economic Era
Jul 2020
Over and over again, US government policies designed to transfer and create wealth and economic opportunity were restricted to whites by design.
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Working Paper
The Geography of New Technologies
Jun 2020
Rising inequality has focused attention on the benefits of new technologies. Do these accrue primarily to inventors, early investors, and highly skilled users, or to society more widely as their adoption generates employment growth?
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Working Paper Series
How the Disappearance of Unionized Jobs Obliterated an Emergent Black Middle Class
Jun 2020
In this introduction to our project, “Fifty Years After: Black Employment in the United States Under the Equal Employment Opportunity Commission,” we outline the socioeconomic forces behind the promising rise and disastrous fall of an African American blue-collar middle class.
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Working Paper Series
The Economics and Politics of Social Democracy: A Reconsideration
May 2020
The popular discontent and rise of ‘populist’ political parties is closely related to the failure of New Labor to navigate social democracy’s dilemma.