Book Launch: Shadow Networks: Financial Disorder & the System that Cause Crisis

Shadow Networks Book Cover Join Professor Michael Ash in celebrating the publication of a new book by him & Francisco Louçã—Shadow Networks: Financial Disorder & the System that Cause Crisis. Ash & Louçã challenge pervading narratives of the financial crisis to argue that economic collapse is ingrained in the shadow networks of finance.

Event Details: Thursday, February 14, at 5 pm at Amherst Books (8 Main Street, Amherst, MA 01002

PhD alumna Susan Holmberg writes about co-determination in NYT opinion

"Renewing America’s experiment with co-determination would help workers feel valued, and that is a necessary starting point for change."

Susan Holmberg, a fellow at the Roosevelt Institute and UMass Amherst Economics PhD alumna writes in The New York Times about the long history of co-determination in America and why it should be embraced.

Read full article here

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. 

UMass Economics in the News

A column advocating a permanent tax credit for employees such as firefighters, nurses, law enforcement personnel, teachers and active-duty military who make less than $100,000 a year quotes Gerald C. Friedman, economics, who says that such a credit might cause employers in other industries to raise wages to keep workers from leaving for jobs that offer the tax credit. (Washington Post, 1/15/19)

Robert N. Pollin, Distinguished Professor in economics and co-director of the Political Economy Research Institute, is the lead author of a report saying that implementing a “Medicare for All” single-payer health care system could reduce the nation’s health care costs by nearly 10 percent and provide medical coverage for everyone. The proposal calls for eliminating private insurance companies and getting savings from reducing redundant administrative expenses. The co-authors of the report are PERI researchers James Heintz, Peter Arno, Jeannette Wicks-Lim and Michael Ash. (Recorder, 1/11/19)