What does A.I. hold for the world and the economy at large in the coming years? Is it friend, foe, or just a fraud?
Senior Scholar L. Randall Wray breaks it down in our latest working paper.
Read now: www.levyinstitute.org/publications...
Posts by Pavlina R Tcherneva
SCOTUS' decision denying IEEPA legal basis for the Trump administration to impose sweeping tariffs has rocked financial markets and foreign capitals alike.
Scholar Yan Liang discusses the decision and its unseen implications.
www.levyinstitute.org/publications...
Stay tuned for more Levy Institute highlights, new content, and events coming soon as we celebrate Levy at 40!
www.levyinstitute.org/levy-at-40/
This piece paved the way for our strategic analysis series, now developed biannually by the Levy Macro-Modeling Team.
levyinstitute.org/publications...
From the Minsky Archives to the works of influential thinkers like Wynne Godley, L. R. Wray, and Pavlina Tcherneva among many others–the Levy Institute is proud to have housed many stalwart pieces of economic scholarship over the years.
Here are just 3 of our greatest hits 🧵
@levyecon.bsky.social alumnus Nishcal Dhungel:
Governments deliberately maintain unemployment to control inflation.
Less bargaining power = slower wages = lower inflation risk.
It's rarely discussed. This clip explains why.
Feat. @ptcherneva.bsky.social & @patriciapino.bsky.social
mmtuk.org/job-guarantee
#JobGuarantee #MMTUK
"We don't have preventative solutions. We always allow unemployment to develop and then we scratch our heads."
@ptcherneva.bsky.social on why a Job Guarantee prevents social costs rather than trying to fix them after the damage is done.
mmtuk.org/job-guarantee
#JobGuarantee #MMTUK #MMT
Important conversation. Thank you @moneyontheleft.bsky.social
Community gardens. Solar panels. Greening our cities.
@ptcherneva.bsky.social on how a Job Guarantee creates work that tackles the climate crisis, without waiting for the private sector to find a profit motive.
mmtuk.org/job-guarantee
#JobGuarantee #MMTUK #MMT
Judy Shelton’s return has sparked alarm—but critics are focused on the wrong issue.
In a new piece, @ptcherneva.bsky.social and L. Randall Wray argue that reforming the Fed’s framework is imperative—and long overdue.
www.levyinstitute.org/blog/the-dar...
"Precarity so defines the human experience... I think it is absolutely essential that we have a decency floor." - @ptcherneva.bsky.social
We need a decency floor in America. We need a Federal Job Guarantee as a *standard feature* of the U.S. labor system.
www.youtube.com/watch?v=XWDq...
"The labor market is just not creating enough jobs."
You can now listen to @ptcherneva.bsky.social on @marketplace.org, where she and several other economists discuss new labor market data and AI influences.
www.marketplace.org/story/2026/0...
We call on the Indian government to recommit to MGNREGA & its demand-driven access to employment from a human rights perspective. Join me, @josephestiglitz.bsky.social , @mazzucatom.bsky.social, @thomaspiketty.bsky.social , @deschuttero.bsky.social, and other experts by signing our letter.
"For decades, political parties have treated the working family as a slogan rather than the foundation of a healthy society."
Now published: Read @ptcherneva.bsky.social's keynote address from the CIRIEC and Bordeaux GSEF 2025 conferences.
Video available.
www.levyinstitute.org/publications...
Tomorrow.
Registration may already be full. Check here: share.google/TMZeCFUWNucn...
Sign up for our mailing list to learn about future Levy events on the Hill: share.google/9LfxOVgq6hsq...
Thanks, Will!!
Our latest working paper from Levy President @ptcherneva.bsky.social traces the "enshittification" (Doctorow)) of the modern labor market and how the postwar promise of full employment turned into a trap of precarity and debt
The Job Guarantee could be the answer.
levyinstitute.org/publications...
Yesterday, Institute President Pavlina Tcherneva (@ptcherneva.bsky.social) delivered the keynote at the CIRIEC International & Bordeaux GSEF 2025 conferences—highlighting global successes of the job guarantee and the social and solidarity economy movement.
www.levyinstitute.org/news_items/p...
I’ll bring @ptcherneva.bsky.social’s book about the Job Guarantee.
🏛️ Pleased to launch our new Capitol Hill Series.
We're convening congressional staffers, policymakers, and the public to examine critical economic issues with a distinguished panel of experts.
Registration is required.
Save your spot and join us in DC. connect.bard.edu/register/Lev...
When Erika McEntarfer, former BLS Commissioner, spoke publicly for the first time since Aug. 1 at the Levy Institute, the press took notice. Coverage has been widespread.
Read the full Levy Institute & @bardcollege.bsky.social press release here: www.levyinstitute.org?p=16546
Photos by Karl Rabe.
I look forward to returning to Franklin & Marshall College to give the Will Lyons Memorial Lecture on Thursday, Oct 9.
Understanding how the fortunes of working families are changing, and how they might be improved, is essential.
BLS provides the needed metrics and its data is superior to other sources, esp proprietary data.
Listen to our conversation with fmr BLS Commissioner McEntarfer.
youtu.be/9PD_f28uGE4?...
Bard alumna Erika McEntarfer ’95, former commissioner of the Bureau of Labor Statistics, spoke to an audience of Bard students, faculty, staff, and community members in an event hosted by @levyecon.bsky.social. “Economic data must be free from partisan influence,” she said.
Watch now: Levy's conversation with Erika McEntarfer, former BLS Commissioner and Bard alum.
In her first public address since the events of August 1, Dr. McEntarfer speaks candidly about her removal from office and the future of statistical independence.
www.youtube.com/watch?v=9PD_...
Tonight at Bard College, Alumna Erika McEntarfer, recently removed BLS Commissioner, shares her story publicly for the first time.
Register to join the conversation in person or live on Zoom at 5 PM EST.
connect.bard.edu/register/Eri...
BLS today: national benchmark revision to total nonfarm employment for March 2025 is -911,000 (-0.6 percent).
What does it mean and why does it matter?
Register and join us for this important conversation with former BLS Commissioner McEntarfer.
We just wrapped our conversation with Professor James Galbraith, President Pavlina Tcherneva (@ptcherneva.bsky.social ), and our incoming graduate students--exploring the importance and insights of the Levy approach to economics.
Thank you to all who attended. Video will be released soon.