Economists for “Progressive American Values” and John Edwards


JohnEdwards 082007.jpg
This is an interesting and worthwhile story to post on the eve of the Iowa Caucus.
Two weeks ago, David Leonhardt wrote a piece on John Edwards’ economic policy that implied that it ran a bit thin since only one significant economist had signed on — and that was UT Austin’s James K. Galbraith, son of John Kenneth Galbraith, one of JFK’s whiz kids.
Galbraith took Leonhardt’s bait and got a bunch more economists to sign on to Edwards’ economic plan, which has been sculpted in part by Galbraith and the colorful telecom and sports industry tycoon Leo Hindery, a Democratic CEO who is a major proponent of stakeholder approaches to business, the economy, and governing in general.
Galbraith’s recruits, gathered quickly, are an impressive bunch and include my former boss Clyde Prestowitz.
Leonhardt updates the exchange today — and here is the roster of the economists who think Edwards is not only economically sound but economically right:

Economists for Edwards

Note that institutional affiliations are for identification purposes only.

Gar Alperovitz
Lionel R. Bauman Professor of Political Economy
University of Maryland-College Park
Lourdes Beneria
Professor of City and Regional Planning
Cornell University
Michael A. Bernstein
Tulane University
Martha Campbell
Associate Professor, Economics
SUNY Potsdam
Manuel Castells
Chair Professor of Communication Technology and Society
University of Southern California, and
Distinguished Visiting Professor of Science and Technology
Jane D’Arista
Former staff economist
U.S. House of Representatives
William Darity, Jr.
Arts & Sciences Professor of Public Policy Studies
Professor of African and Africa-American Studies and Economics
Duke University
Paul Davidson
Editor, Journal of Post Keynesian Economics
Bernard Schwartz Center for Economic Policy Analysis
The New School University
Gerald Epstein
Professor of Economics
University of Massachusetts, Amherst
Susan F. Feiner
Director of Women’s Studies
Professor of Economics
University of Southern Maine
James K. Galbraith
Lloyd M. Bentsen, Jr. Chair in Government/Business Relations
LBJ School of Public Affairs
The University of Texas at Austin, and
Senior Scholar, Levy Economics Institute
Richard Garrett
Associate Professor of Economics
Division of Accounting and Business Management
Marymount Manhattan College
Mary King
Professor of Economics
Portland State University
Jan Kregel
Visiting Distinguished Research Professor of Economics
The University of Missouri – Kansas City
Peter Hans Matthews
Department of Economics
Middlebury College
Middlebury, Vermont 05753
Deirdre McCloskey
Professor of Economics
University of Illinois at Chicago
Richard McIntyre
Honors Program Director and Professor of Economics
University of Rhode Island.
Thomas Michl
Professor of Economics
Colgate University
David Miller
Assistant Professor of Economics
University of California, San Diego (UCSD)
John Miller
Professor of Economics
Wheaton College
Tracy Mott
Professor of Economics
University of Colorado at Boulder
Thomas Palley
Economics for Democratic & Open Societies Project
Dimitri Papadimitriou
Levy Economics Institute
Bard College
Chip Poirot
Associate Professor of Economics
Department of Social Sciences
Shawnee State University
Robert Pollin
Professor of Economics and Director,
Political Economy Research Institute (PERI)
University of Massachusetts-Amherst
Robert Prasch
Associate Professor of Economics
Middlebury College
Clyde Prestowitz
Economic Strategy Institute
Bruce Roberts
Professor of Economics
University of Southern Maine
J. Barkley Rosser
Professor of Economics
James Madison University
Harley Shaiken
Class of 1930 Professor
Graduate School of Education and Department of Geography
University of California, Berkeley
Nina Shapiro
Professor and Chair
Department of Economics and Finance,
Saint Peter’s College
Edward Wolff
Professor of Economics
New York University
Martin Wolfson
Professor of Economics and Policy Studies
University of Notre Dame
L. Randall Wray
Research Director
Center for Full Employment and Price Stability
Department of Economics
University of Missouri-Kansas City, and
Senior Scholar, Levy Economics Institute
More later. . .or early tomorrow. . .
— Steve Clemons


6 comments on “Economists for “Progressive American Values” and John Edwards

  1. arthurdecco says:

    “Both Gore and Kerry also ran on a populist message in 2000 and 2004, and their messages did not work.” posted by Forest Ranger
    Actually, running on a populist platform DID work for both Gore and Kerry. They both won their respective elections but for reasons beyond my understanding, decided to throw in the towel for themselves and the majority of the citizens who voted for them almost before the Rethuglicans clashed at the barricades, stridently protesting legal recounts and systematically screwing with the shameful American election system all over the country, not just in Florida and Ohio.
    And let’s not forget those Rethuglican darlings who own the companies making the voting machinery – machinery that has been proven capable of being hacked by a 14 year old using Mom’s computer time and time again.
    Forest Ranger, I’m inclined to think you may have inhaled too much smoke to allow you to think clearly. (…Or at least keep a memory in your head for more than a few minutes.)


  2. Kathleen says:

    Speaking of John Kenneth Galbraith, Steve, you may be interested to know that he nominated Joe Duffey to succeed him as President of the Americans for Democratic Action back at the outset of Joe’s campaign for the US Senate in 1970. Anne can tell you the funny backstory of how Joe came to accept the nomination, to become the youngest President of the ADA. Until then, he was a Divinty Professor at Trinity College in CT.


  3. Forest Ranger says:

    Thank you for the link because the article, I think, does a nice job in detailing the economic policy differences between Romney and Edwards.
    I am not convinced that Edwards’ populism will translate into a winning strategy. Both Gore and Kerry also ran on a populist message in 2000 and 2004, and their messages did not work. Put another way, a populist agenda may turn most voters off.
    Some studies show the middle class is actually moving up. (See: Of course, today’s economic climate is different than the prior 2 presidential elections so Edwards’ strategy may work. If it doesn’t, middle class America may not be as bad off as some would suggest.


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