Real-world Economics

The world economy has not yet emerged from the 2008 financial crisis.

The world economy has not yet emerged from the 2008 financial crisis.

Below-target growth and tax revenue threaten critical public expenditure on healthcare, education, social protection, and climate change adaptation…YET mainstream economics programs continue to use the same approach. Our M.A. and M.S. programs provide instruction grounded in more than 30 years’ experience in the measurement and understanding of income and wealth inequality—all of which are at the core of the research and coursework offered at the Levy Economics Institute. The Institute is well known for its work in macroeconomic theory and policy analysis, the development and exploration of alternative measures of economic well-being and income and time poverty, and its continuing efforts to extend the work of Distinguished Scholars Hyman P. Minsky and Wynne Godley.