2016

TABLE OF CONTENTS

Directors Message 1

Who We Are 2

What We Do 3

SCEPA Projects 4

Growth & Jobs 5

Economics of Climate Change 6

Retirement Equity Lab (Relab) 8

Sustainable Growth 13

SCEPA Events 14

SCEPA In the Press 18

SCEPA in Social Media 19

 DIRECTORS MESSAGE
At SCEPA, we are committed to research that advances positive
change. As a platform for the work of New School economists, our
projects are based in the principles of education and collaboration.
Our formula is simple. We start with peer-reviewed academic research,
propose innovative solutions for the nations economic questions, and
end with high-impact outreach strategies.

We are building SCEPAs momentum through this theory of change.

This year, our economists engaged with the high-profile issues defining
todays policy arena. SCEPA hosted experts on green technology and
the historic U.N. Paris Agreement, waded into the debate on the
$15 minimum wage and economic growth, published research and
videos on growth and inequality, and shared an entire economics class
online. We also hosted our biggest event yet with former Greek finance
minister Yanis Varoufakis on The Future of Capitalism. Over 800
people joined us at The New School for the lecture, which also featured
remarks by faculty and students, and over 150,000 people watched the
video online.

Finally, the centers Retirement Equity Lab (ReLab) experienced numerous successes in its first year, fulfilling
its goal of providing strategic, academic research to impact the national debate on reforming our failing
retirement system. The Labs work was cited in materials supporting reform legislation introduced in the
U.S. Senate, in Philadelphias City Hall, and in state and federal commissions working on reform. SCEPA Director
Teresa Ghilarducci also teamed up with Blackstones Tony James to announce a new national reform proposal,
Guaranteed Retirement Accounts, via an oped in the New York Times.

SCEPA is committed to engaging in the issues that affect Americans economic well-being and support our
hopes for a better future. We are grateful for the generosity of our supporters and partners in these efforts and
look forward to sharing our progress as we move forward next year and beyond.

Teresa Ghilarducci

Director, SCEPA
Bernard L. and Irene Schwartz Chair in Economic Policy Analysis

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 WHO WE ARE
Teresa Ghilarducci RESEARCH ASSOCIATES
Director
A labor economist, Teresa is a Kyle Moore
nationally-recognized expert in Retirement Equity Lab
retirement security and a professor BA, Morehouse College
of economics at The New School.
Her recent book with co-author
Tony James, Rescuing Retirement,
investigates the loss of pensions Ozlem Omer
on older Americans and proposes a Sustainable Growth Project
comprehensive system of reform. MS, University of Illinois at
Urbana-Champaign
Anthony Webb
ReLab Research Director
Michael Papadopoulos
Formerly a senior research
Retirement Equity Lab
economist at Boston Colleges
BS, St. Johns University
Center for Retirement Research,
Tony also served as a senior research
analyst at the International Longevity
Center. He holds a doctorate in
economics from the University of Luiza Nassif Pires
California, San Diego. Sustainable Growth Project
MA, Federal University of
Rio de Janeiro
Bridget Fisher
Associate Director
Bridget is a communications
Julia Puaschunder
specialist with a background in
Economics of Climate
government and public affairs.
Change Project
She served as chief of staff for
Doctor, Vienna University of
a member of the New York City
Economics and Business
Council and press secretary for a
member of the U.S. Congress. She
has a masters degree in public Siavash Radpour
administration with a focus on Retirement Equity Lab
urban economic development from MA, University of Groningen
CUNYs Baruch College.

Audra Aucoin
Assistant Director Alex Pavlakis
SCEPA Assistant
Audra specializes in grant
MA, The New School for
management and visual design. Prior
Social Research
to joining SCEPA, she served as grant
writer and development supervisor at
Second Harvest Food Bank in Orange
County, California. She has an MA in
economics from The New School and
a BA from UCLA in Political Science.

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 WHAT WE DO
BRINGING REALITY INTO CONVENTIONAL ECONOMICS
Providing
Alternatives
SCEPA is the leader in
alternatives to mainstream
economics. As the economic
policy research center within
The New Schools Department
of Economics, our projects
empower policy makers to
create positive change.
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Empowering
Policy Makers
We work to focus the public
economics debate on the role
government can and should
play in the real productive
economythat of business,
management and labor
to raise living standards,
create economic security,
and attain full employment.
Our team of faculty and
research associates works
from the broad and critical
perspectives of post-
Keynesian, neo-classical,
classical, and institutionalist
schools of thought.
Creating
Lasting Change
With a focus on collaboration
and outreach, we provide
scholars, non-profits and
government officials with
original, standards-based
research on key policy
issues. We also partner with
non-partisan advocates
and foundations to engage
the public, opinion leaders,
and elected officials in the
discussion of how to create
a more stable, equitable, and
prosperous economy.
 GROWTH ECONOMICS RETIREMENT SUSTAINABLE
& JOBS OF CLIMATE EQUITY LAB GROWTH
CHANGE
What happened This project is home Economic
to shared growth? Critics of policies to SCEPAs ongoing, development is
Since the 1980s, that would mitigate comprehensive project widely accepted as
U.S. economic climate change often investigating the a prerequisite for a
growth failed to cite negative effects political economy of stable society. Yet,
produce enough jobs, on the economy to aging populations. Led industrial production
especially decent forestall change. But by SCEPA economist contributes to
jobs. To understand are they right? SCEPA Teresa Ghilarducci, the massively
wage inequality and economist Willi the ReLab research destabilizing
unshared productivity Semmler investigates team documents phenomenon of
growth in the United effective climate inadequate savings, global warming. This
States, SCEPA change policy in light eroding pension project documents
economist David of fragile domestic institutions, and the research of
Howell focuses on and global economies decreasing access to SCEPA economists
how institutions and the possibilities and participation in Duncan Foley and
affect labor market for renewable energy. effective retirement Lance Taylor as they
outcomes. savings vehicles. investigate how
ReLab proposes nations can reconcile
necessary reform their needs for
measures to prevent growth, stability and
the oncoming crisis of sustainability.
downward mobility in
retirement.

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 GROWTH & JOBS

SCEPAs Growth and Jobs project seeks to answer the question what happened
to shared growth? Since the 1980s, U.S. economic growth failed to produce
enough jobs, especially decent jobs. To understand wage inequality and
unshared productivity growth in the United States, SCEPA economist David
Howell focuses on how institutions affect labor market outcomes. His work
compares the United States with Canada, Australia, Germany, and France to
understand how the distribution and growth of decent jobs compare across
countries by economic sector.

Progress
In the Press

Washington Post WonkBlog

April 1, 2016
The $15 Minimum Wage Sweeping the Nation
Might Kill Jobsand thats Okay
by Lydia DePillis

American Prospect
April 3, 2016
Whats the Right Minimum Wage
by David Howell

Research
 The Employment Effects of a Much Higher
U.S. Federal Minimum Wage: Lessons from
Other Rich Countries by David Howell
 The Misplaced Debate about Job Loss and a
$15 Minimum Wage by David Howell
 The Links Between Institutions and Shared
Growth by David Howell
Support
SCEPAs Jobs and Growth project is grateful
for the support of the Washington Center for
Equitable Growth (WCEG).
Why shouldnt we in fact accept
job loss? asks New School
economics and urban policy
professor David Howell, whos
about to publish a white paper
on the subject. Whats so bad
about getting rid of crappy jobs,
forcing employers to upgrade,
and having a serious program to
compensate anyone who is in the
slightest way harmed by that?
Washington Post, April 1, 2016

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 ECONOMICS OF CLIMATE CHANGE
Led by SCEPA economist Willi Semmler, the Economics of Climate Change
project seeks to determine the consequences of climate change policy
proposals on domestic and global economies and the possibilities for
renewable energy.
Progress
IMF Collaboration
As the director of SCEPAs Economics of
Climate Change project, which presents expert
lectures and original research on the economic
effects of climate policies, Semmler was
invited to work with research and policy teams
of the International Monetary Fund (IMF). He
presented two lectures before the IMFs Division
of Development Macroeconomics on modeling
economic growth in the context of climate
change and is co-authoring research with New
School PhD Anthony Bonen and IMF staff.
Research
 Oil Price, Overleveraging and Shakeout in
the Shale Energy Sector: Game Changers in
the Oil Industry by Arkady Gevorkyan and
Willi Semmler
 Financing Climate Policies Through
Climate Bonds by Michael Flaherty, Arkady
Gevorkyan, Siavash Radpour and Willi
Semmler
Support
SCEPAs Economics of Climate Change project
is grateful for the support of the Fritz Thyssen
Foundation, the German Research Foundation
(DFG), and the Institute for New Economic
Thinking (INET).
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Events
Economics of Climate Change
Speaker Series
October 2015: The Transition to Green
Energy in Europe and Germany
German economist Claudia Kemfert discussed
how the transition to green energy will help, not
hurt, Europes largest economy by investing
in infrastructure and energy efficiency and
creating jobs. Kemfert is a professor of energy
economics and sustainability at Berlins
Hertie School of Governance and head of
the Department of Energy, Transportation
and Environment at the German Institute of
Economic Research.
May 2016: Climate Policies After Paris
Ottmar Edenhofer, co-chair of the
Intergovernmental Panel on Climate Change
(IPCC), described how the Paris agreement
will change the institutional landscape of
global climate governance and how to bring
the economics and politics of climate stability
to action.
Edenhofer is a leading international expert on
climate policy at the Technical University of
Berlin. He is director of the Mercator Research
Institute on Global Commons and Climate
Change, a fellow of the German Academy
of Sciences, and deputy director and chief
economist of the Potsdam Institute for Climate
Impact Research.
The event featured the premiere of The
Warming Earth, a jazz piece composed by
Rich Shemaria.
 Clockwise from left to right: New School Economics Professor Emeritus Ed Nell with New School for Social Research Dean Will Milberg,
Professor of Energy Economics and Sustainability at Berlins Hertie School of Governance Claudia Kemfert with
New School Economics Professor and project lead Willi Semmler, and IPCC Co-Chair Ottmar Edenhofer

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 RETIREMENT EQUITY LAB

SCEPAs Retirement Equity Lab, led by economist and retirement expert Teresa
Ghilarducci, researches the causes and consequences of the retirement crisis
that exposes millions of American workers to downward mobility in retirement.
As a result, SCEPA has developed a policy proposal known as Guaranteed
Retirement Accounts (GRA) to provide stable pensions to the 63 million
workers who currently have none.

Support
SCEPAs Retirement Equity Lab is grateful for the
support of Bernard L. Schwartz and the National
Endowment for Financial Education (NEFE).
Progress
Research in Action
ReLab works to both diagnose the systemic
forces that drive the retirement crisis and to
propose solutions that pave a road for all
Americans to experience quality retirement time.
ReLab is focused on producing research under
academic standards and sharing that research
with those who are taking the actions necessary
to change our failed retirement system. Below is
a list of how ReLab research is making an impact
on the ground and in the halls of statehouses
and Congress.

1. Senator Jeff Merkleys (D-OR) American

Savings Act

Oregon Senator Jeff Merkley cited SCEPAs

retirement research in materials used to
introduce his retirement reform proposal, the
American Savings Act.

Teresa Ghilarducci, Tony James and Bernard Schwartz

discuss the need for Guaranteed Retirement Accounts.
CREATING A MORE SECURE RETIREMENT FUTURE

THE PROBLEM
Currently, 68 million Americans work for an employer that does not sponsor
a retirement plan and nearly one-third of all working-age Americans report
having no retirement savings.

SCEPA Director Teresa Ghilarducci meets with Blackstones
The Schwartz Center for Economic Policy Analysis currently estimates that
55 percent of households near retirement age (5564 years old) will, upon
retirement, have only Social Security income and will not be able to retire due
to inadequate savings. Department of Labor: http://www.dol.gov/ebsa/pdf/fsstatesavingsprogramsfornongovernmentemployees.pdf
Federal Reserve: http://www.federalreserve.gov/econresdata/2014-report-economic-well-being-us-households-201505.pdf

Tony James and Bernard Schwartz to discuss retirement reform. SCEPA: http://www.economicpolicyresearch.org/images/docs/research/retirement_security/Are_US_Workers_Ready_for_Retirement.pdf

8
 2. Center for Effective Government 4. New York State SMART Commission

The Center for Effective Government featured
SCEPA research in their report, A Tale of Two
Retirements, which reported that 100 CEOs
have as much in retirement assets as 41% of
American families.
SCEPA Director Teresa Ghilarducci was named
to New York Governor Andrew Cuomos SMART
Commission on retirement security. The
commission is charged with designing policies to
improve New York residents retirement security.

According to a study by the 5. Bipartisan Commission on Retirement

Schwartz Center for Economic Security and Personal Savings

Policy Research at the New SCEPA Director Teresa Ghilarducci served on

the Bipartisan Policy Centers Commission on
School, 55 percent of those
Retirement Security and Personal Savings, which
aged 50-64 will be forced to issued its recommendations for policymakers in
rely almost solely on Social June of 2016.

Security (which averages

$1,233 a month).

3. Philadelphia City Council

On June 15, 2016, ReLab Research Director

Tony Webb presented a SCEPA report on
Philadelphias retirement crisis before the
Philadelphia City Council Committee on Labor
and Civil Service. The report, Are Philadelphians
Ready for Retirement?, was done on behalf
of Philadelphia City Councilwoman Cherelle
L. Parker and the City Council of Philadelphia.
Following the hearing, the Council created a task
force to address retirement security for private-
sector workers in the city, of which SCEPA
Director Teresa Ghilarducci is a member.

Teresa Ghilarducci meets with U.S. Senator Elizabeth Warren

Workers in Philadelphia Have Lower Than Average
on retirement reform.
Retirement Plan Coverage and Participation Rates
FIGURE 2: EMPLOYER-SPONSORED
60%
RETIREMENT PLAN COVERAGE RATES
6. Older Workers Unemployment Blog
55%

53% ReLab initiated a monthly blog, The

50%
Unemployment Report for Workers over 55, to
45%
48% dispel the myth that the solution to a systemic
lack of retirement savings is for individuals
40% to work longer. The blog serves as a rapid
Philadelphia U.S.
response analysis to the monthly jobs report
FIGURE 3: EMPLOYER-SPONSORED
50%
issued by the U.S. Department of Labor and is
RETIREMENT PLAN PARTICIPATION RATES
shared with reporters covering retirement and
45%
45%
the labor market, and other stakeholders.
40%
This year, ReLabs analysis was covered by
35% 37% major media outlets (Marketwatch: The Coming
Train Wreck for Older Workers) and shared by
30%
advocates working on behalf of secure retirement
Philadelphia U.S.
(Alliance for Retired Americans, Guest Blog).

9
 RETIREMENT EQUITY LAB
Events
Political Economy of Aging
Workshop
This workshop provides a forum
for academics and practitioners
to share and engage in cutting-
edge research in social policy and
the political economy of aging.
Elsa Fornero, University of
Turin: Political Economy
Lessons from Italian Pension
Reform
Kenneth Couch, University of
Connecticut: Lifecycle Events
and Their Consequences
Na Yin, CUNYs Baruch
College: Working Limitation
Reporting and Disability
Programs
10
(contd.)
Forging a New Path: How Tax Reform Could Address the
Retirement Income Crisis
SCEPA co-hosted a conference with the Center for American
Progress on retirement tax expenditures, which are the second
largest federal tax expenditure, costing roughly $100 billion per
year and growing. Policy experts and government officials joined to
explore ways to address the retirement crisis through refundable tax
credits and encourage reforms at the state level. Speakers included:
Lily Batchelder, New York University
John Friedman, Brown University
William Gale, Brookings Institution
Shaun OBrien, AFL-CIO
Gary Koenig, AARP Public Policy Institute
Diane Oakley, National Institute on Retirement Security
Christian Weller, Center for American Progress
T
 eresa Ghilarducci, Schwartz Center for Economic Policy
Analysis (SCEPA)
 Guaranteed Retirement Accounts
(GRAs)
SCEPA Director Teresa Ghilarducci and
Blackstone President Tony James joined
together to propose a comprehensive plan to
confront the retirement savings crisis to ensure
every worker a more secure retirement. The
plan details a single, sustainable framework
that allows Americans to save consistently,
generate the returns necessary and retire with
guaranteed lifelong income. By repurposing
lopsided subsidies and strategically using
existing government infrastructure, this plan can
be implemented with no new taxes, bureaucracy
or increase of the federal deficit.

The plan received extensive media coverage:

SCEPA Director Teresa Ghilarducci and Blackstone President
Tony James were featured in an article about their GRA retirement
N
 ew York Times: A Smarter Plan to Make proposal in the New York Times on December 11, 2015.
Retirement Savings Last

N
 ew York Times: Pushing Aside 401(k)s for
Mandatory Savings Plans
Low-income alone makes
saving for retirement difficult.
W
 all Street Journal: One Fix for the American
Nest Egg: Make People Save
But such households are also
more likely to experience
Investment News: Workers and Employers
Would Be Forced to Save 3% of Pay Under income shocksand to raid their
New Retirement Proposal retirement savings in order to
C
 BS News: The Plan That Could Render Your get by, according to a paper
401(k) Obsolete from researchers led by Teresa
B
 enefits Pro: National Retirement Savings Ghilarducci at New School
Plan Proposed Schwartz Center for Economic
R
 euters: Is A Mandatory U.S. Retirement Policy Analysis.
Saving Plan In Your Future? How to Overcome Income Shocks
M
 oney Magazine: America May Finally Be that Wreck Retirement Security,
Ready for Mandatory Retirement Savings Times Money Magazine, May 13, 2016

Guaranteed Retirement Accounts

An individually Invested more Delivering lifelong

owned account effectively retirement income

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12
 SUSTAINABLE GROWTH

Economic development is widely accepted as a prerequisite for a stable

society. Yet, industrial production contributes to the massively destabilizing
phenomenon of global warming. This project documents the research of
SCEPA economists Duncan Foley and Lance Taylor as they investigate how
nations can reconcile their needs for growth, stability and sustainability.

Progress Research
INET Interview with Lance Taylor The Natural Interest Rate and Secular
Lance Taylor proposes a new, more realistic Stagnation by Lance Taylor
way of thinking about growth and inequality.
As he describes in a video with INETs Lynn  Demand Drives Growth All The Way by Lance
Parramore, growing inequality is driven by Taylor, Duncan Foley, Armon Rezai, Luiza Pires,
conflict over profits. Over the past 40 years, he Ozlem Omer, and Ellis Scharfenaker
says, the bargaining position of companies has
Veiled Repression: Mainstream Economics,
improved relative to the bargaining position of
Capital Theory, and Distributions of Income
workers. There is no economic law that means
and Wealth by Lance Taylor
this must be so. Rather, its because unions
have been weakened and industry groups have Wealth Concentration, Income Distribution
consolidated their power, both of which are and Alternatives for the USA by Lance Taylor,
determined by social values and the legal system. Ozlem Omer, and Armon Rezai
Until workers get their bargaining power back,
incremental changes in the minimum wage or the
provision of employer-sponsored benefits wont
go very far toward lessening inequality. Support
Online Class: Advanced Microeconomics II SCEPAs Sustainable Growth project is grateful
SCEPA and INET present an online, semester-long for the support of the Institute for New Economic
economics class in advanced microeconomics Thinking (INET).
taught by Professor Duncan Foley. The series
includes videos of 14 class lectures, including
Foleys presentations and discussions with students.

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 SCEPA EVENTS
FACULTY BOOK LAUNCH
February 12, 2016

Capitalism: Competition, Conflict & Class

SCEPA was honored to host a book launch for Capitalism: Competition, Conflict and Crisis, a new book on
modern capitalist economies by Anwar Shaikh, professor and chair of the economics department at The New
School for Social Research.

Based on fifteen years of research, Shaikh documents how standard economic assumptions - perfect
competition, perfect firms, perfect knowledge and rational expectations - dont describe or reflect reality.

Instead, he does something new. He develops theory from real behavior and real competition. From this fresh
and practical perspective, he redefines conventional economic ideas such as supply and demand, wage and
profits, growth, unemployment, inflation, inequality, and the recurrence of economic crises to offer an alternative
framework for understanding the economics of capitalism.

14
 An amazing feat. Deeply erudite
and beautifully written, it is
at once a stunning renovation
of classical and Keynesian
economics and a relentless
demolition of sophistries. A book
to savor and to teach; there
hasnt one like it for 150 years.
James K. Galbraith

Clockwise from left to right: New School for Social Research Dean Will Milberg, Professor of Economics and Chair of the Department Anwar
Shaikh, and New School PhD, former Shaikh student and Executive Director of the Washington Center for Equitable Growth Heather Boushey

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 DEBATING DEVELOPMENT
April 22, 2016

Along with the Young Scholars Initiative (YSI) and the Institute for New Economic Thinking (INET), SCEPA hosted
the Debating Development conference at The New School on April 22nd, 2016. Participants discussed regional
challenges and competing theories for developing economies. Full video of the event is available on SCEPAs
website.

IRENE AND BERNARD L SCHWARTZ LECTURE

April 6, 2016

The Political Economy of Time and Work-Life Conflict

Economist and New School PhD Heather Bousheys new book, Finding Time, argues that economic efficiency
and equity are not natural enemies. In fact, they must be reconciled to fulfill our countrys economic potential.
Boushey presented the results from her research, including innovations to help Americans find the time they
need and help businesses attract more productive workers.

The lecture was followed by a panel discussion with Economics PhD student Katherine Moos and moderated by
New School Economics Professor Teresa Ghilarducci.

Boushey is executive director and chief economist of the Washington Center for Equitable Growth and senior
fellow at the Center for American Progress.

One of the most vibrant

voices in the field.
New York Times, February 12, 2010

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 ROBERT HEILBRONER MEMORIAL LECTURE
April 25, 2016

The Future of Capitalism

In a highly anticipated eventattended by over 900 people and watched online by over 150,000former Greek
Finance Minister Yannis Varoufakis joined SCEPA to honor New School economist Robert Heilbroner and share
his experience at the center of the European debt crisis. His lecture highlighted themes in his new book, And The
Weak Suffer What They Must?, including the origins of the crisis and the effects on democracy.

The lecture was followed by a panel discussion featuring New School Professor of Economics Mark Setterfield
and economics student Ebba Boye.

Varoufakis career has spanned academia, public service, and the private sector. After three decades in
academia, he was elected to the Hellenic Parliament in 2015 as a member of the Syriza Party and became
Minister of Finance in Alexis Tsipras government. He currently serves as professor of economics at the
University of Athens and as a consultant for the Valve Corporation.

17
 SCEPA IN THE PRESS
Date News Outlet Article

8/28/15 The Financial Times Beyond Brics: Does the World Really Need Sustainable Development Goals?

9/9/15 The Atlantic What Effect Will Migration Have On European Wages?

9/14/15 The Atlantic Where Not to Be Old and Jobless

10/6/15 The Atlantic At What Age Do Workers Stop Getting Raises

10/12/15 The Economist Poor Statistics: The Trick Work of Measuring Falling Global Poverty

10/16/15 The Atlantic The Recession Hurt Americans Retirement Accounts More Than Anybody Knew

10/19/15 The Atlantic When It Comes to Retirement Savings, Most Workers Are on Their Own

10/21/15 Bloomberg The 401(k) Crisis Is Getting Worse

10/22/15 The Atlantic Why It's Misleading to Swear to Protect The Poor's Social Security Benefits

10/25/15 The News Laundry Global Summits: Where Are We Going?

10/28/15 The Atlantic Farewell To America's Middle Class: Unions Are Basically Dead

11/3/15 The Atlantic How To Help the Middle Class Retire Comfortably At No Extra Cost

11/4/15 The Atlantic What Happens When Low-Wage Workers Are Given a Stake in Their Own Company

11/8/15 CNBC Retirement Options Dwindle and States Step In. But Should They?

11/12/15 Quartz The Only Affordable Retirement For Most Americans Isn't In America

11/17/15 Christian Science Monitor Most Women Need to Save More

11/17/15 Money Magazine This Simple Trick Will Restore Millennials' Faith in Social Security

11/27/15 The Daily Beast The Black Boycott of Black Friday

12/19/15 The Root Heres How the Federal Reserve Just Told Black Folks You Dont Really Matter

1/1/16 The New York Times A Smarter Plan to Make Retirement Savings Last

1/5/16 Forbes How To Retire With Enough Money

1/5/16 KPBS Can You Retire Comfortably? Maybe Not

1/12/16 WNYC Your Big Retirement Planning Questions, Answered

1/14/16 PBS Why Women Over 50 Can't Find Jobs

2/15/16 The Street Is There A Guaranteed Retirement Account In Your Future?

3/2/16 Investment News Workers and Employers Would Be Forced to Save 3% of Pay Under New
Retirement Proposal
3/3/16 The Wall Street Journal One Fix for the American Nest Egg: Make People Save

3/4/16 Benefits Pro National Retirement Savings Plan Proposed

4/20/16 Seeking Alpha Capitalism - By Anwar Shaikh

6/9/16 Huffington Post A Better Way to Fix Social Security

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 SCEPA IN SOCIAL MEDIA
As the outreach platform for New School economists policy research, SCEPA communicates and engages
with audiences ranging from former students and alumni to thought leaders in Congress. As such, we focus
on creating a culture of collaboration and dialogue about the economic issues dominating the news as
well as academia. This year, we focused on growing our social media presence to expand our relationships
with our audiences through direct sharing and interaction. We also increased our use of user-friendly visual
communications to illustrate our economists conclusions and the impact of their work in the public policy arena.

Facebook SCEPA Twitter

+73% +33%
980 804

556 606

ReLab Twitter Mailing List

+85% +24%
9,402

1,648

891 7,586

End FY15 End FY16

Numbers represent Facebook Likes, Twitter
Followers, and mailing list participants

19
 www.economicpolicyresearch.org
Founded in 1995 by the influential political economist David Gordon, SCEPA is the economic
policy research arm of the department of economics at The New School for Social Research.

Made possible through a generous gift from Irene and Bernard L. Schwartz, SCEPA is distinct
from other economic academic research centers by its location within The New School. In
the heart of New York City, both the university and center are part of a network of leaders
dedicated to progressive and innovative education and ideas.

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21
Schwartz Center for Economic Policy Analysis (SCEPA)
Department of Economics
The New School for Social Research
6 East 16th Street, New York, NY 10003
economicpolicyresearch.org