Gerald Epstein is Professor of Economics and a founding Co-Director of the Political Economy Rese... more

Gerald Epstein is Professor of Economics and a founding Co-Director of the Political Economy Research Institute (PERI) at the University of Massachusetts, Amherst. He received his PhD in Economics from Princeton University in 1981. Epstein has written articles on numerous topics including central bank independence and democracy, inflation targeting, financial regulation, alternative approaches to central banking for employment generation and poverty reduction, capital management techniques, international credit relations, trade agreements and human development, and multinational corporations. He has worked with numerous UN organizations, including the United Nations Development Program and the International Labor Organization in the areas of Pro-Poor Macroeconomic Policy and Human Development Impact Assessments of Trade Policies in Madagascar, South Africa, Ghana, Cambodia and Mongolia, and with UN-DESA on developing alternatives to inflation targeting monetary policy. Epstein's current research focuses on monetary and financial restructuring to revive the U.S. and global economies. He is the editor or co-editor of several books, including Beyond Inflation Targeting, (E. Elgar 2009), Financialization and the World Economy (E. Elgar, 2005), Globalization and Progressive Economic Policy, (Cambridge University Press, 1999), Capital Flight and Capital Controls in Developing Countries, (E. Elgar, 2005), Transforming the U.S. Financial System (M.E. Sharpe, 1992) and he is the Co-Author of An Employment Targeted Macroeconomic Policy for South Africa. (E. Elgar, 2007). He is currently on sabbatical from the University of Massachusetts and is a Visiting Scholar at the University of Paris, XIII. less