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EconomicPolicyInstitute June 11, 2007

Co-sponsored with The American Prospect, the May 24 Agenda for Shared Prosperity forum, Getting Real About Families, featured Rep. Rosa DeLauro (D-Conn.) as its keynote speaker. Heidi Hartmann, president of the Institute for Women’s Policy Research, presented her EPI report outlining a comprehensive work-family policy for the United States. Janet Gornick, a professor of political science and the director of the Luxembourg Income Study, presented her EPI paper on the European, Japanese, and U.S. experience with regulating work hours to allow a better work-family balance. Audio, video, and a full written transcript from this event are now available. (News release [PDF])

What does the new minimum wage mean?
With the recent passage of a federal minimum wage bill, the first national minimum wage increase in over a decade is imminent. A recent EPI Issue Brief by Liana Fox shows how the federal increase will affect minimum wage workers state-by-state.

EPI in the blogosphere
EPI’s economists often contribute to blogs on a variety of topics. Most recently, EPI’s Jared Bernstein, Max Sawicky, and Jeff Faux all contributed to one of the Web’s most popular blogs, TPM Café. Go to EPI in the Blogosphere for these posts and more.

EPI tackles poverty in The American Prospect
A recent issue of The American Prospect contained a report on ending poverty in America. Several EPI staff and associates contributed essays, including Jared Bernstein’s piece Is Education the Cure for Poverty?,” William Spriggs’ essay “The Changing Face of Poverty in America,” and Ernesto J. Cortes, Jr.’s reflections on “Faith, Charity, and Justice.”

  • EPI founder and Senior Fellow Jeff Faux appeared with James Galbraith in an online forum hosted by The American Prospect called Trade War, in which these two progressive economists debated whether liberals need to rethink their outlook on globalization.
  • EPI President Lawrence Mishel made a presentation entitled “The Economic Firestorm: Poverty, Growth, and Inequality” at the recent Council on Foundations conference in May.
  • When Congress passed legislation to raise the federal minimum wage on May 24, over the following weekend EPI was mentioned in nearly 400 stories around the country, including those featured by ABC News, National Public Radio, The New York Times, and the Associated Press.
  • The EPI Briefing Paper Costly Trade With China by Robert Scott received major print and broadcast media coverage around the country and was cited in testimony before the Senate at a May hearing.

Job openings at EPI
The Institute is looking to fill the positions of labor economist in its research department and graphic designer in its publications department. See EPI’s Jobs postings for more details on applying for either of these two positions.

 

Agenda for Shared ProsperityThe next Agenda for Shared Prosperity event
The next event for the Agenda will be on the subject of economic growth and full employment, and is to be held on Friday, June 22. The keynote speaker will be Congressman Barney Frank, Chairman of the House Financial Services Committee, who will speak on full employment and the Federal Reserve Board. Economist Tom Palley will deliver a paper on reviving full employment policy and Jeff Madrick, the editor of Challenge Magazine and director of policy research at the Schwartz Center for Economic Policy Analysis (The New School), will speak on public investment and a high-wage economic growth model. Registration for this event will open soon. Sign up to receive updates by email.

From the EPI Blog
David Cooper
20 States Raise Their Minimum Wages While the Federal Minimum Continues to Erode
Elise Gould
Even with Recent Low Inflation, Real Wages Continue to Stagnate
Josh Bivens
The Fed’s Language May Change This Week—Let’s Hope It Doesn’t Signal Interest Rates Going up Sooner
Josh Bivens
New Trade Agreements will Take Center Stage in 2015. So Will Bad Arguments Made on their Behalf.
Josh Bivens
Recovery Is Nowhere Near Accomplished, and the Fed Shouldn’t Tighten Policy Until It Is
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