Richard Eskow — Picture the United States Without Student Debt

A new report from Bard College’s Levy Economics Institute concludes that this bold idea – cancelling all outstanding student debt – would help the entire economy and create more than a million jobs.

To those who say we can’t afford to cancel this debt, the report poses a new and different question: Can we afford not to?

Cancel and Grow

Using widely-accepted economic tools, the report’s authors – Scott Fullwiler, Stephanie Kelton, Catherine Ruetschlin, and Marshall Steinbaum – found that cancelling all student debt this country would create between 1.2 and 1.5 million new jobs. It would also increase the nation’s GDP by $86 billion to $108 billion per year over the next ten years....

Common Dreams
Picture the United States Without Student Debt

Richard Eskow

C. J. Polychroniou — “Interesting Times” Ahead for Euroland

"May you be born in interesting times," is a curse in China.

Multiplier Effect

“Interesting Times” Ahead for Euroland
C. J. Polychroniou

Michael Stephens — Registration Open for Minsky Summer Seminar

Registration is now open for the Levy Institute’s fourth Hyman P. Minsky Summer Seminar, to be held on the Bard College campus in June 2013. The annual Summer Seminar provides a rigorous discussion of both the theoretical and the applied aspects of Minsky’s economics, and is geared toward recent graduates, graduate students, and those at the beginning of their academic or professional careers. Application deadline: March 31, 2013. Apply early, as space is limited. See here for more information.

Multiplier Effect

Registration Open for Minsky Summer Seminar
Michael Stephens