September 2016 Newsletter
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Vlog: Labor Standard
Mathew Forstater, Research Director at the Binzagr Institute, presents a new episode from our Vlog Series “Jobs, Money, Debt: Economic Common Sense.” This Vlog series is designed to debunk myths about unemployment, deficits, the national debt, and the monetary system, and to articulate how we can create sustainable prosperity for the 21st century. The sixth episode on “Labor Standard” explains how a Job Guarantee program works. Watch, comment, share, subscribe to our YouTube channel, and stay tuned for more videos in the coming weeks.Rebeca Greenspan & UN Secretary-General 
Rebeca Grynspan (left), Advisory Board member at the Binzagr Institute andSecretary General of SEGUIB, met with UN Secretary General Ban Ki-moon (right) at the Headquarters of United Nations in New York City on September 23, 2016. Secretary Greenspan continues her tireless efforts to promote sustainable prosperity, gender equality, and empowerment of women and youth throughout the world.
Vlog: Material Inflation
Mathew Forstater, Research Director at the Binzagr Institute, presents the seventh episode of our Vlog Series “Jobs, Money, Debt: Economic Common Sense.” In this episode, we refute the mainstream assumption about the trade-off between unemployment and inflation. Forstater explains that: “The idea that there must be a trade-off between full employment and price stability has been thoroughly refuted theoretically, empirically, historically. With modern money and the Job Guarantee, we can have zero involuntary unemployment and price and currency stability.” Watch, comment, share, subscribe to our YouTube channel, and stay tuned for more videos in the coming weeks and months.
Robert Hockett in the Media
Robert C. Hockett, Research Scholar at the Binzagr Institute for Sustainable Prosperity and Edward Cornell Endowed Professor of Law at Cornell University, was featured in a variety of articles and interviews in the last few weeks including two interviews on Bloomberg Law Radio “Stumpf Faces Relentless Senate Questions (Audio)” (September 20, 2016) and “Glass-Steagall Revival (Audio)” (September 27, 2016), and one interview with NPR on
Market Place “Should banks get an early peek at stress tests?” (September 15, 2016). Hockett was also interviewed by the
New York Times“Wells Fargo Offers regret, but Doesn’t Admit Misconduct” (September 9, 2016)and USA Today
“Wells Fargo scam lastest in a string of infractions” (September 11, 2016), the
Financial Times“Berlin urges US to treat Deutsche in mis-selling case” (September 16, 2016), and the LA Times: “Wells Fargo CEO faces bipartisan wrath during fiery Senate panel hearing” (September 20, 2016). He also wrote two op-ed articles for The Hill: “The Fed and the return to banking simplicity” (September 16, 2016) “Wells Fargo, Glass-Steagall and ‘Do you want fries with that?’ banking” (September 22, 2016). And to top it off, Hockett co-authored this excellent report with Daniel Alpert for the Private Debt Project: “The Debt Goes On: A Post Crisis “Progress” Report” (September 22, 2016). Follow us on social media for more frequent updates from Robert Hockett’s work and the rest of our research team at the Binzagr Institute.
Post Keynesian Conference
Binzagr Institute Public Policy Panel (left to right): Mathew Forstater (Research Director), Fadhel Kaboub (President), Pavlina Tcherneva (Research Scholar), and Scott Fullwiler (Research Scholar).It was a great privilege for us to co-sponsor the 13th International Post Keynesian Conference that took place (September 15-18, 2016) in Kansas City at UMKC. The conference featured a number of panels by our research team: Scott Fullwiler, Pavlina Tcherneva, Mathew Forstater, Fadhel Kaboub, Aqdas Afzal, Luis Villanueva, Michael Murray, Natalie Brown, Benjamin Wilson, Jordan Shipley, Abdulelah Alrasheedy, Ruchira Sen, and Rohan Grey. Our video production team is working diligently to edit the conference videos including Keynote sessions by Lord Robert Skidelsky, William Mitchell,Anwar Shaikh, and James Galbraith. We will post the videos on our YouTube channel and circulate announcements on social media within the next month.