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Posts by Pavlina R Tcherneva

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Artificial Intelligence: Friend, Foe, Fraud – Levy Economics Institute of Bard College The over-hyped Dot.com revolution bubbled and crashed at the end of the 1990s, leaving a largely unused physical and virtual infrastructure that eventually supported the rise of social media that...mo...

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...

2 months ago 4 3 0 0
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The US Supreme Court Rules and Future Prospects of Trump’s Tariff Gambit – Levy Economics Institute of Bard College The Supreme Court Strikes Down IEEPA Tariffs On February 20, 2026, the Supreme Court of the United States ruled, by a majority of six to three, that the International Emergency...more

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...

1 month ago 3 2 0 0
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Levy at 40: A Celebration of 40 Years Beyond the Mainstream – Levy Economics Institute of Bard College Introducing Levy at 40. In 2026, the Levy Economics Institute marks the 40th anniversary of its founding. For four decades, the Institute has advanced independent economic research, shaped policy deba...

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/

1 month ago 2 1 0 0
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This piece paved the way for our strategic analysis series, now developed biannually by the Levy Macro-Modeling Team.

levyinstitute.org/publications...

1 month ago 2 1 1 0
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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 🧵

1 month ago 5 2 1 0

@levyecon.bsky.social alumnus Nishcal Dhungel:

1 month ago 1 2 0 0
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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

1 month ago 4 2 1 0
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"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

1 month ago 6 5 0 1

Important conversation. Thank you @moneyontheleft.bsky.social

1 month ago 5 2 0 0
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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

1 month ago 4 2 0 0
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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...

2 months ago 5 6 0 0
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"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...

2 months ago 7 4 0 0
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Job openings plummeted in December, especially for service-sector roles There are now more unemployed people than job openings, which is landing particularly hard on young jobseekers.

"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...

2 months ago 5 2 0 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.

4 months ago 3 1 0 0
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"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...

4 months ago 6 2 1 0
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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...

5 months ago 4 0 0 1
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The enshittification of labor Pavlina Tcherneva, getting her peanut butter in my chocolate.

Hell yeah @ptcherneva.bsky.social, brilliant extension

doctorow.medium.com/https-plural...

5 months ago 4 4 1 1

Thanks, Will!!

5 months ago 1 0 0 0
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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...

5 months ago 14 7 0 3
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President Pavlina R. Tcherneva Delivers Keynote at CIRIEC International and Bordeaux GSEF 2025 Conferences – Levy Economics Institute of Bard College Institute President Pavlina R. Tcherneva delivered the joint keynote address at the CIRIEC International and Bordeaux GSEF 2025 conferences, bringing together leading voices from across the global soc...

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...

5 months ago 8 4 1 0

I’ll bring @ptcherneva.bsky.social’s book about the Job Guarantee.

5 months ago 3 1 0 0

🏛️ 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...

6 months ago 9 5 0 0
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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.

7 months ago 8 3 0 1
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I look forward to returning to Franklin & Marshall College to give the Will Lyons Memorial Lecture on Thursday, Oct 9.

6 months ago 6 1 0 0

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?...

7 months ago 8 1 0 0
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Former Commissioner of the Bureau of Labor Statistics Erika McEntarfer ’95 Spoke at Bard College in First Public Remarks Since Dismissal Hosted by the Levy Economics Institute, Bard alumna Erika McEntarfer ’95, former commissioner of the Bureau of Labor Statistics (BLS), spoke to an audience of Bard students, faculty, staff, and…

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.

7 months ago 6 5 0 0
Erika McEntarfer (Former BLS): "The Importance of Official Data in Assessing Economic Conditions"
Erika McEntarfer (Former BLS): "The Importance of Official Data in Assessing Economic Conditions" YouTube video by Levy Economics Institute

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_...

7 months ago 10 5 0 1
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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...

7 months ago 3 2 0 1

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.

7 months ago 3 1 0 0
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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.

7 months ago 5 2 1 0