Gerald Epstein and James Crotty of University of Massachusetts, Amherst to be Awarded a Grant From the Institute for New Economic Thinking
Summary
“This project will deepen our understanding of the broader impacts of the size and activities of the financial sector on society, and provide useful input to regulators and policy makers.” Gerald Epstein is Professor of Economics and a founding Co-Director of the Political Economy Research Institute (PERI) at the University of Massachusetts, Amherst.Ultimately, INET is committed to broadening and accelerating the development of innovative thinking that can lead to insights into and solutions for the great challenges of the 21st century and return economics to its core mission of guiding and protecting society.For more information please visit http://www.ineteconomics.org/ ### New York, NY, November 25, 2010 --( PR.com )-- The Institute for New Economic Thinking (INET), launched with a $50 million pledge from George Soros to promote changes in economic theory and practice through research grants, Task Force groups, academic partnerships, and conferences, announced that it has selected Gerald Epstein and James Crotty of University of Massachusetts, Amherst to study the impacts of financial regulations on functionally efficient finance, productivity growth and income distribution.“This project will deepen our understanding of the broader impacts of the size and activities of the financial sector on society, and provide useful input to regulators and policy makers.”Gerald Epstein is Professor of Economics and a founding Co-Director of the Political Economy Research Institute (PERI) at the University of Massachusetts, Amherst.Ultimately, INET is committed to broadening and accelerating the development of innovative thinking that can lead to insights into and solutions for the great challenges of the 21st century and return economics to its core mission of guiding and protecting society.