UMass Economics in the News

Arindrajit Dube, economics, says his review of a proposal to increase the minimum wage in the United Kingdom shows that there is room to explore an increase of up to two-thirds of the median wage. Dube has studied the effect of minimum wage increase in the U.S. and has written extensively about his research. (One America News Network [from Reuters], 11/4/19)

Robert N. Pollin, Distinguished Professor in economics and co-director of the Political Economy Research Institute, says it is possible to fund a Medicare for All program using a combination of a new sales tax, taxes on businesses earning more than $1 million and a tax on wealthy individuals. In addition, funds from other federal healthcare programs that would become redundant would be added to the total. He says such a program should be very popular with the public. (Washington Examiner, 10/30/19)