The Levy Economics Institute of Bard College, founded in 1986, is a nonprofit, nonpartisan public policy think tank.https://bsky.app/profile/levyecon.bsky.socialhttps://bsky.app/profile/levyecon.bsky.social/post/3mkamlaaces2rIn our latest working paper, Levy President Pavlina Tcherneva advocates for a job guarantee: "Not as a transitional measure. Not as a residual safety net. But as the institutional anchor of an economy that finally works for the people who do the work." https://www.levyinstitute.org/publications/after-the-wreckage-the-job-guarantee-as-a-new-labor-standard/24 Apr 2026 13:20 +0000at://did:plc:fcsldx67d7sq2ngqct3wqc4d/app.bsky.feed.post/3mkamlaaces2rhttps://bsky.app/profile/levyecon.bsky.social/post/3mk6fbtpy7k23While many know Levy President Pavlina Tcherneva’s (@ptcherneva.bsky.social) work on the Job Guarantee, her broader research agenda has focused on evaluating macroeconomic policy by its effects on employment, inflation, and income distribution, rather than growth, stabilization, and stimulus alone.23 Apr 2026 16:05 +0000at://did:plc:fcsldx67d7sq2ngqct3wqc4d/app.bsky.feed.post/3mk6fbtpy7k23https://bsky.app/profile/levyecon.bsky.social/post/3mk3vvotpj22yNEW POLICY NOTE Senior Scholar L. Randall Wray breaks down the reality of the US war with Iran. What does warfare really cost the average American? https://www.levyinstitute.org/publications/the-real-cost-of-war/22 Apr 2026 16:24 +0000at://did:plc:fcsldx67d7sq2ngqct3wqc4d/app.bsky.feed.post/3mk3vvotpj22yhttps://bsky.app/profile/levyecon.bsky.social/post/3mjz4zocmas2eHow much did speculation really drive Europe’s gas price surge? Today @ 5PM EST: Emanuele Citera will break down the 2020–24 energy crisis—and show why supply shocks and policy, not speculation, were the real story. https://bard.zoom.us/webinar/register/WN_8P-4CmnOTKGjJjfOjG2N6w#/registration21 Apr 2026 13:53 +0000at://did:plc:fcsldx67d7sq2ngqct3wqc4d/app.bsky.feed.post/3mjz4zocmas2ehttps://bsky.app/profile/levyecon.bsky.social/post/3mjwytj6ns22gAlongside an expert lineup, Levy Institute President Pavlina Tcherneva will share insights on the U.S. job market in 2026. This week, we will be spotlighting her work ahead of our May 8 conference. @ptcherneva.bsky.social https://www.levyinstitute.org/events/event/levy-economics-institute-anniversary-conference/20 Apr 2026 17:33 +0000at://did:plc:fcsldx67d7sq2ngqct3wqc4d/app.bsky.feed.post/3mjwytj6ns22ghttps://bsky.app/profile/levyecon.bsky.social/post/3mjwku7f6nc27Today at 11:30 EST! Be sure to tune in. Register: https://bard.zoom.us/webinar/register/WN_RW9j7RU0S5m0cT4SgYyrRw#/registration [contains quote post or other embedded content]20 Apr 2026 13:23 +0000at://did:plc:fcsldx67d7sq2ngqct3wqc4d/app.bsky.feed.post/3mjwku7f6nc27https://bsky.app/profile/levyecon.bsky.social/post/3mjna7zn3a22sLevy Distinguished Scholar and member of the six wise men of the British Treasury, Wynne Godley developed the SFC model, a framework so effective it was cited by Goldman Sachs’ chief economist as generating "the most important chart in the world." 🧵16 Apr 2026 20:19 +0000at://did:plc:fcsldx67d7sq2ngqct3wqc4d/app.bsky.feed.post/3mjna7zn3a22shttps://bsky.app/profile/levyecon.bsky.social/post/3mjkrgwpk5227Pandemic inflation, the war in Ukraine & now a potential energy crisis from the war in Iran all highlight the relationship between inflation & sector-specific price shocks. Monday @ 11:30 EST: Sam Stockman discusses how price stability can be achieved. https://bard.zoom.us/webinar/register/WN_RW9j7RU0S5m0cT4SgYyrRw#/registration15 Apr 2026 20:49 +0000at://did:plc:fcsldx67d7sq2ngqct3wqc4d/app.bsky.feed.post/3mjkrgwpk5227https://bsky.app/profile/levyecon.bsky.social/post/3mjht3323es27We're excited to welcome Chris Kennedy to our anniversary conference on May 8th! Kennedy, best known for his work as an industrial ecologist addressing global environmental challenges, will speak alongside Galbraith in our second panel of the day. https://www.levyinstitute.org/events/event/levy-economics-institute-anniversary-conference/14 Apr 2026 16:40 +0000at://did:plc:fcsldx67d7sq2ngqct3wqc4d/app.bsky.feed.post/3mjht3323es27https://bsky.app/profile/levyecon.bsky.social/post/3mj336fh3jk2uSenior Scholar L. Randall Wray has been with the Levy Institute since 1992. His pivotal scholarship has played a critical role in developing the framework and insights of Modern Money Theory. Here we take a look at a small portion of Wray’s influential portfolio.🧵09 Apr 2026 15:00 +0000at://did:plc:fcsldx67d7sq2ngqct3wqc4d/app.bsky.feed.post/3mj336fh3jk2uhttps://bsky.app/profile/levyecon.bsky.social/post/3miyne3leoc2i"Insights from a 25-Year Monetary Policy Experiment," a Levy 40th Anniversary lecture with Advisory Board Member and WSJ best-selling author Paul Sheard is now on Youtube. Watch: youtube.com/watch?v=RDkZYHgFHb8&feature=youtu.be https://youtube.com/watch?v=RDkZYHgFHb8&feature=youtu.be08 Apr 2026 15:48 +0000at://did:plc:fcsldx67d7sq2ngqct3wqc4d/app.bsky.feed.post/3miyne3leoc2ihttps://bsky.app/profile/levyecon.bsky.social/post/3miwewktuus2qNew Marketplace report features Levy President @ptcherneva.bsky.social weighing in on the new cautionary memo to investors released by JP Morgan Chase CEO Jamie Dimon. You can listen here: https://www.marketplace.org/story/2026/04/07/jpmorgans-dimon-warns-of-inflation-private-credit-in-202607 Apr 2026 18:12 +0000at://did:plc:fcsldx67d7sq2ngqct3wqc4d/app.bsky.feed.post/3miwewktuus2qhttps://bsky.app/profile/levyecon.bsky.social/post/3mivscax6l22cL. Randall Wray brings expert insight on the economic landscape to the Levy Institute, often asking the questions mainstream economists avoid. Join our anniversary conference on May 8th to hear Wray in conversation on Minsky, Godley & employment policy. https://www.levyinstitute.org/events/event/levy-economics-institute-anniversary-conference/07 Apr 2026 12:38 +0000at://did:plc:fcsldx67d7sq2ngqct3wqc4d/app.bsky.feed.post/3mivscax6l22chttps://bsky.app/profile/levyecon.bsky.social/post/3mitop56rhk2kHave you submitted your application for the Fall 2026 Levy Graduate Programs? The deadline is coming up on April 15! Reach out to our graduate office with any questions and start your application today. https://connect.bard.edu/register/LevyGraduateApplicationPS202606 Apr 2026 16:29 +0000at://did:plc:fcsldx67d7sq2ngqct3wqc4d/app.bsky.feed.post/3mitop56rhk2khttps://bsky.app/profile/levyecon.bsky.social/post/3migyz3ntbk2tStarting at 12 PM EST today! Tune in for our alumni career panel to hear about where a Levy Master's Degree can take you. Register: https://docs.google.com/forms/d/e/1FAIpQLSfz3tPSxiFrJjZz054u53Xq4uVRqctgnWGYFMlWPI2tzjUtSg/viewform01 Apr 2026 15:28 +0000at://did:plc:fcsldx67d7sq2ngqct3wqc4d/app.bsky.feed.post/3migyz3ntbk2thttps://bsky.app/profile/levyecon.bsky.social/post/3miemcvcjk22rOn May 8, we welcome William H. Janeway as speaker for the Levy Anniversary Conference. Once labelled a “theorist-practitioner of financial economics” by Hyman Minsky himself, Janeway is a critical voice exploring capitalism in the Innovation Economy. Register: https://connect.bard.edu/register/levyanniversaryconf31 Mar 2026 16:36 +0000at://did:plc:fcsldx67d7sq2ngqct3wqc4d/app.bsky.feed.post/3miemcvcjk22rhttps://bsky.app/profile/levyecon.bsky.social/post/3miclielv4c2xJames K. Galbraith has been with the Institute since 1995. As we celebrate Levy’s 40th Anniversary and welcome him as a speaker at our anniversary conference, we now take a moment to reflect on Galbraith’s contributions, distinct impact on fed budget policy and continuing legacy. 🧵30 Mar 2026 21:16 +0000at://did:plc:fcsldx67d7sq2ngqct3wqc4d/app.bsky.feed.post/3miclielv4c2xhttps://bsky.app/profile/levyecon.bsky.social/post/3mhvra2esm226As the world careens toward energy shock qua financial disaster, James Galbraith will reexamine the theories & evidence that have been offered up as explanation for the Great Crash over the near-century since 1929. Join us May 8 for our annual conference: https://connect.bard.edu/register/levyanniversaryconf25 Mar 2026 18:54 +0000at://did:plc:fcsldx67d7sq2ngqct3wqc4d/app.bsky.feed.post/3mhvra2esm226https://bsky.app/profile/levyecon.bsky.social/post/3mhvninv5ws2iWednesday, April 1st at 12 PM EST Join our conversation with Levy Alumni about their careers in academia, public policy, and the private sector. We will discuss their career paths and how Levy's Master's programs prepared them to make change Register: bard.edu/levygrad/25 Mar 2026 17:47 +0000at://did:plc:fcsldx67d7sq2ngqct3wqc4d/app.bsky.feed.post/3mhvninv5ws2ihttps://bsky.app/profile/levyecon.bsky.social/post/3mhgcaivjlc2sThe Levy advantage has always been understanding the internal workings of financial crises and the endemic instability of our financial systems. 🧵below19 Mar 2026 15:16 +0000at://did:plc:fcsldx67d7sq2ngqct3wqc4d/app.bsky.feed.post/3mhgcaivjlc2shttps://bsky.app/profile/levyecon.bsky.social/post/3mhe4pb6aos24"Lebanon has long lived under the pleasant illusion of financial stability, anchored by a fixed exchange rate regime that was maintained for more than two decades." Read the Executive Magazine article by Levy Grad Roudy Sassine ('22): https://www.executive-magazine.com/business-all/comment-business-finance/restoring-financial-stability-and-unlocking-growth 🧵below18 Mar 2026 18:31 +0000at://did:plc:fcsldx67d7sq2ngqct3wqc4d/app.bsky.feed.post/3mhe4pb6aos24https://bsky.app/profile/levyecon.bsky.social/post/3mhbtbwrups2gThis year’s annual Levy Conference will feature a special panel with Sheila Bair & Tom Keene on how to prevent a repeat of the Global Financial Crisis. FDIC Chair from 2006 to 2011, Bair saw the warning signs of the GFC before it happened. Register: https://connect.bard.edu/register/levyanniversaryconf17 Mar 2026 20:38 +0000at://did:plc:fcsldx67d7sq2ngqct3wqc4d/app.bsky.feed.post/3mhbtbwrups2ghttps://bsky.app/profile/levyecon.bsky.social/post/3mgui6kbq6c27From the Minsky Archives to the works of influential thinkers like Wynne Godley, L. R. Wray, and Pavlina Tcherneva among many others–the Levy Institute is proud to have housed many stalwart pieces of economic scholarship over the years. Here are just 3 of our greatest hits 🧵12 Mar 2026 13:14 +0000at://did:plc:fcsldx67d7sq2ngqct3wqc4d/app.bsky.feed.post/3mgui6kbq6c27https://bsky.app/profile/levyecon.bsky.social/post/3mgqc5bydtk27As part of our 40th anniversary, we’re hosting a series of events on ideas central to the Institute’s evolution. WSJ bestselling author and veteran central bank watcher Paul Sheard kicks off the series TOMORROW at Blithewood, 11:30 AM. Join us. https://www.levyinstitute.org/events/event/insights-from-a-25-year-monetary-policy-experiment/10 Mar 2026 21:15 +0000at://did:plc:fcsldx67d7sq2ngqct3wqc4d/app.bsky.feed.post/3mgqc5bydtk27https://bsky.app/profile/levyecon.bsky.social/post/3mgfvi5kv4k2fIntroducing Levy at 40. 2026 marks four decades of Levy: independent economic thought, policy shaping, and work beyond the mainstream. In the months ahead, we’ll share new and archival content reflecting on the ideas that have shaped the Institute. ✅: levyinstitute.org/levy-at-40/06 Mar 2026 18:02 +0000at://did:plc:fcsldx67d7sq2ngqct3wqc4d/app.bsky.feed.post/3mgfvi5kv4k2fhttps://bsky.app/profile/levyecon.bsky.social/post/3mfmxsn5v4k2iTomorrow. Register to join us online at 1 PM EST: https://bard.zoom.us/webinar/register/WN_YL-7rz7ASJemkJHAASU9HQ#/registration [contains quote post or other embedded content]24 Feb 2026 20:07 +0000at://did:plc:fcsldx67d7sq2ngqct3wqc4d/app.bsky.feed.post/3mfmxsn5v4k2ihttps://bsky.app/profile/levyecon.bsky.social/post/3mfmrf6fpcs26SCOTUS' decision denying IEEPA legal basis for the Trump administration to impose sweeping tariffs has rocked financial markets and foreign capitals alike. Scholar Yan Liang discusses the decision and its unseen implications. https://www.levyinstitute.org/publications/the-us-supreme-court-rules-and-future-prospects-of-trumps-tariff-gambit/24 Feb 2026 18:12 +0000at://did:plc:fcsldx67d7sq2ngqct3wqc4d/app.bsky.feed.post/3mfmrf6fpcs26https://bsky.app/profile/levyecon.bsky.social/post/3mfmbzztdtc2sWant to know more about the Levy Graduate Programs in Economic Theory and Policy? We'll be holding an information session on March 6 at 12 PM EST Drop in to ask questions and get your app fee waived! Register at our site: www.bard.edu/levygrad/24 Feb 2026 13:38 +0000at://did:plc:fcsldx67d7sq2ngqct3wqc4d/app.bsky.feed.post/3mfmbzztdtc2shttps://bsky.app/profile/levyecon.bsky.social/post/3mfcxzqfm4k2hWhat does A.I. hold for the world and the economy at large in the coming years? Is it friend, foe, or just a fraud? Senior Scholar L. Randall Wray breaks it down in our latest working paper. Read now: https://www.levyinstitute.org/publications/artificial-intelligence-friend-foe-fraud/20 Feb 2026 20:45 +0000at://did:plc:fcsldx67d7sq2ngqct3wqc4d/app.bsky.feed.post/3mfcxzqfm4k2h