Critical Economics

Insights blog

The Sloan Foundation awards grant to New School team to study the Eastern Economic Association

Dr. Steven Pressman, Part-Time Faculty in the Economics department at The New School for Social Research, has been awarded a research grant from the Alfred P. Sloan Foundation to study the history of the Eastern Economic Association.

Measuring Worker Bargaining Power

In all the excitement about the crack in Amazon and Starbucks’ anti-union armor as workers post big union wins, one might think that labor power in America is rising. But unionization is just one of 10 indicators of worker bargaining power—and of these, only five show worker power is up.   Why does worker power matter? It depends on whom you ask.

Resource Library

Is There a Future for Heterodox Economics?

Paper | This paper assesses economics research and teaching frameworks in the United States by examining how knowledge is produced and ranked, the flaws and strengths of heterodox economic theory; and how students are trained, especially for careers in economic policy. 

Monopsony Power, Race, and Gender

Article | This article contributes to the literature on monopsony models by moving away from their emphasis on exogenous factors—worker preferences, incomplete information, and barriers— and focusing on these factors as the main drivers of monopsony power. Employers have compelling profit reasons to create monopsony conditions and create labor market frictions.

How to Think About Our Children's Children

Book Review | Warmth: Coming of Age at the End of Our World, Daniel Sherrell   The subject of Warmth, written by a 26-year-old as a letter to his unborn child, is the climate crisis. But the climate crisis is never referred to by name. Instead, it is called “The Problem.” And though The Problem animates the book, Warmth is also a memoir—a book about memory, justice, and the future.

Critical Economics Course

Online Course

Economics: Society, Markets, and [In]equality

This free online course teaches the power dynamics that determine how people and resources are valued, how goods move around the world, and how we manage our planet and the future.