Economics major hopes to take venture to market through Innovation Challenge win

Economics major Ethan Lazar ‘19, and fellow student Matthew Kaplan, are competing in the 'Innovation Challenge' to launch their business. The team were awarded $2,000 of equity free-funding, and the opportunity to continue to the next round of the competition, bringing them one step closer to the $65,000 grand prize. 

Unfair Global Tax System Makes Sustainable Development Impossible

Leonce Ndikumana is interviewed about how the global tax system allows capital to flow from developing countries into global tax havens. He says globalized corporations take advantage of the patchwork of taxation policies that leads to loss of revenue for poorer countries where natural resources are mined or collected.

UMass Economics in the News

There is continued national news coverage about a team of economists from the UMass Amherst Political Economy Research Institute (PERI) that has found that the Medicare for All Act of 2017, introduced in the United States Senate by Senator Bernie Sanders, is not only economically viable, but could actually reduce health consumption expenditures by about 9.6 percent while also providing decent health care coverage for all Americans. Robert N. Pollin, Distinguished Professor in economics and lead author of the report, says, “The most fundamental goals of Medicare for All are to significantly improve health care outcomes for everyone living in the United States while also establishing effective cost controls throughout the health care system. These two purposes are both achievable.” (Financial Advisor, 12/6/18; News Office release)

There is national news coverage about a team of economists from the UMass Amherst Political Economy Research Institute (PERI) that has found that the Medicare for All Act of 2017, introduced to the United States Senate by Senator Bernie Sanders, is not only economically viable, but could actually reduce health consumption expenditures by about 9.6 percent while also providing decent health care coverage for all Americans. In a nearly 200-page report released at the Sanders Institute Gathering, the first major event hosted by the think tank founded by Jane O’Meara Sanders and David Driscoll, the senator’s wife and son, the economists outline seven major aspects of transforming the U.S. health care system, detailing step-by-step the actions needed to be taken to achieve truly universal health care and its potential impacts on individuals, families, businesses and government. The analysis, which was in development for 18 months, has received praise from 11 distinguished experts in the fields of economics and health care studies who have rigorously reviewed the researchers’ findings. (Seattle Post-Intelligencer [from AP], Commondreams.org, WCAX-TV 3 [Vt.], Republican, 11/30/18; News Office release)