Gerald Epstein

Is There Another Financial Crisis in the Works?

July 26, 2018

In this regulatory environment banks borrow more and make riskier loans and “no one is watching them” says, professor Gerald Epstein

Does Iron Fist Imperialism Benefit US Workers?

May 21, 2018

We speak to economist Gerald Epstein, who did the cost-benefit analysis of the US invasion of Iraq. He found that the US military adventure cost US workers approximately two trillion dollars

No Evidence that Trump’s Tax Plan Would Boost Economy or Create Jobs

October 24, 2017

There is no evidence to support Republican arguments that cutting corporate and small-business taxes will boost the economy or create jobs, says Gerald Epstein of UMass Amherst. ‘In the end, the only ones that, of course, are going to gain, are the corporations’

Economy

July 15, 2017
During her testimony to Congress, Federal Reserve Chair Janet Yellen dodged a question about whether she would accept a second term in office–but it’s unlikely that President Trump will re-appoint her, says Gerald Epstein, co-director of Political Economy Research Institute

The Epstein Report

May 15, 2017
Trump administration support for reinstating Glass-Steagall Act is an effort to appeal to Trump’s base, but won’t go anywhere. It would be beneficial, though, if it doesn’t mean also deregulating the finance sector says Gerald Epstein of PERI

Why Bankers and Financiers Benefit from Low Inflation Policy

July 5, 2016

PERI’s Gerald Epstein explains why financial institutions like the IMF promote fiscal policy that reduces investment, economic growth, and employment

Former Bush Treasury Official Agrees with Sanders on Breaking Up the Big Banks

March 1, 2016

Economist Gerald Epstein says President of Minneapolis Federal Reserve Neel KashKari’s Support of Bernie’s Banking Policy is Both Surprising and Welcome

Why You Should Be Concerned by the Fed’s Interest Rate Hike

December 17, 2015

PERI Co-director Gerald Epstein says while the interest rate hike is meant to demonstrate the growing strength of the US economy, it could actually end up slowing it down

Obama’s Budget Cuts Millions From Financial Regulatory Agency

March 7, 2014

Jerry Epstein: President Obama’s budget would slash the Commodity Futures Trade Commission budget to about $200 million, which will make regulating the $400 trillion derivatives market even more challenging

US Federal Reserve

December 23, 2013
Gerald Epstein: Former Bank of Israel Chief Stanley Fischer will likely become the Vice Chairman of the Federal Reserve, but his record shows consistent catering to Wall Street rather than bringing the country to full employment