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M.V. Lee Badgett Named Spotlight Scholar for Her Work Fighting for LGBT Rights, Measuring the Cost of Discrimination

When economist M.V. Lee Badgett published her 1995 study on the wage gap faced by gay men and lesbians, there was nothing like it in the field. In fact, conventional wisdom held just the opposite.

"My first summer after grad school, I read an article in the Wall Street Journal about how wealthy the gay market was,” says Badgett, professor in the UMass Amherst Department of Economics and former director of the university’s School of Public Policy. “That didn’t mesh with the experience I’d seen.” Badgett’s research led her to data that confirmed her hypothesis: on average, gay and bisexual men earned between 11 and 27 percent less than their heterosexual counterparts. In other words, discrimination, not privilege, was the norm.

Badgett’s research was the first to look at LGBT realities through an economic lens. As an economist, she understood that money and power were intertwined. “I thought this was a really useful perspective to study issues of social justice,” she says. “It provided the tools to see what problems exist and the tools to make those problems better.”  READ MORE

 

Imagining a New Social Order: Noam Chomsky and Robert Pollin in Conversation

         

In an exclusive, wide-ranging interview with C.J. Polychroniou for Truthout, Noam Chomsky and UMass Economics Professor Robert Pollin tackle such issues as what an authentically populist, progressive agenda would look like in the Trump era; what a progressive U.S. would look like with regard to jobs, the environment, finance capital and the standard of living; and what a progressive U.S. would look like in terms of education and health care, justice and equality.

Imagining a New Social Order: Noam Chomsky and Robert Pollin in Conversation

Noam Chomsky is professor emeritus of linguistics at MIT and laureate professor in the department of linguistics at the University of Arizona.  Robert Pollin is distinguished professor of economics and co-director of the Political Economy Research Institute at the University of Massachusetts at Amherst. 

 

Paul Krugman Delivered the Philip Gamble Memorial Lecture on Thursday, October 26 at 6:00pm at the Mullins Center

Nobel Prize-winning economist and columnist for The New York Times Paul Krugman delivered the annual Philip Gamble Memorial Lecture on Thursday, October 26 at 6:00pm at the Mullins Center. He spoke on “What’s the Matter with Economics?”

The Philip Gamble Memorial Lectureship Endowment was established by Israel Rogosa '42 and other family and friends in memory of Philip Gamble, a member of the economics faculty from 1935-71 and chair of the department from 1942 to 1965. The fund supports an annual lecture series featuring a prominent economist.

Krugman joined The New York Times in 1999 as an op-ed columnist, and his column is currently published every Monday and Friday. He is also a distinguished professor at the City University of New York’s Graduate Center, where he is a fellow at the Stone Center for the Study of Socioeconomic Inequality. In 2008, Krugman received the Nobel Memorial Prize in Economic Sciences for his work on international trade theory.

The author or editor of 27 books and more than 200 papers in professional journals and edited volumes, his professional reputation rests largely on work in international trade and finance. Krugman is one of the founders of the “new trade theory,” a major rethinking of the theory of international trade, and in recognition of that work, in 1991 the American Economic Association awarded him its John Bates Clark medal.