Jayati Ghosh Interviewed byProject Syndicate

Jayati Ghosh, was interviewed on PS Say More about inflation, the IMF and debt, women’s empowerment and more. “[A]dvanced-economy rate hikes have caused far-reaching damage, especially in the developing world, though developed countries, too, stand to lose. And the rate hikes may not have even been necessary, because inflation was always going to decline as cost pressures subsided,” Read more...

Gregor Semieniuk Co-Authored an opinion piece "Bold Climate Fixes Won’t Wreck Middle Class Retirement Plans"

Gregor Semieniuk, economics and PERI, has co-authored an opinion piece outlining research that demonstrates how moving away from fossil fuels will impact the wealthy more than those with lower incomes: “We estimate that losses amount to less than half a percent of the net wealth of [the] wealthiest 1% or 10% of Americans.” Inequality ensures that feared financial losses moving away from fossil fuels will fall most heavily on the wealthy, and not on the poor and middle class.  Read more...

Léonce Ndikumana, Interviewed at the Recent Research Dissemination on Capital Flight and Natural Resources in Ghana

Léonce Ndikumana, economics and PERI, was interviewed at the recent Research Dissemination on Capital Flight and Natural Resources in Ghana about growing wealth inequality in the nation, which has seen individual private wealth grow to US$56 billion yet experiences capital flight benefiting foreign investors: "The data clearly show there are sufficient local individuals with the means to invest." Read more...

Statement on Racist Violence and Social Exclusion

Black Lives Matter. We declare and affirm this truth in the face of any verbal or material attempt to deny it. The current tragedies and structures of violence, exclusion and exploitation of Black people were made by human actors.  They date back to colonial times and slavery but persist to today. Teaching and research in the economics profession have often served to legitimize such structures portraying them as the outcome of the free and fair play of the market. The UMass Economics Department has a long tradition of research dedicated to uncovering structures of oppression, exploitation, exclusion and violence. This tradition must be rethought and adapted to place racial injustice at the center, as a dimension that should not be overlooked.

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