Steven Pressman (economist)
Encyclopedia
Steven Pressman is an American economist
Economist
An economist is a professional in the social science discipline of economics. The individual may also study, develop, and apply theories and concepts from economics and write about economic policy...

. He is currently a Professor of Economics and Finance at Monmouth University
Monmouth University
Monmouth University is a private university located in West Long Branch, New Jersey, United States.Founded in 1933 as Monmouth Junior College, it became Monmouth College in 1956, and later Monmouth University in 1995 after receiving its charter....

 in West Long Branch, NJ. He has taught at the University of New Hampshire
University of New Hampshire
The University of New Hampshire is a public university in the University System of New Hampshire , United States. The main campus is in Durham, New Hampshire. An additional campus is located in Manchester. With over 15,000 students, UNH is the largest university in New Hampshire. The university is...

 and Trinity College
Trinity College (Connecticut)
Trinity College is a private, liberal arts college in Hartford, Connecticut. Founded in 1823, it is the second-oldest college in the state of Connecticut after Yale University. The college enrolls 2,300 students and has been coeducational since 1969. Trinity offers 38 majors and 26 minors, and has...

 in Hartford, Connecticut
Hartford, Connecticut
Hartford is the capital of the U.S. state of Connecticut. The seat of Hartford County until Connecticut disbanded county government in 1960, it is the second most populous city on New England's largest river, the Connecticut River. As of the 2010 Census, Hartford's population was 124,775, making...

.

He serves as co-editor of the Review of Political Economy, as Associate Editor and Book Review Editor of the Eastern Economic Journal, and a member of the Editorial Advisory Board of the journal Basic Income Studies.

He has been on the Board of Directors of the Eastern Economic Association from 1994 to the present, and since 1996 he has served as Treasurer of the group.

Biography

Pressman attended Alfred University
Alfred University
Alfred University is a small, comprehensive university in the Village of Alfred in Western New York, USA, an hour and a half south of Rochester and two hours southeast of Buffalo. Alfred has an undergraduate population of around 2,000, and approximately 300 graduate students...

 in upstate New York
New York
New York is a state in the Northeastern region of the United States. It is the nation's third most populous state. New York is bordered by New Jersey and Pennsylvania to the south, and by Connecticut, Massachusetts and Vermont to the east...

, where he received a B.A.
Bachelor of Arts
A Bachelor of Arts , from the Latin artium baccalaureus, is a bachelor's degree awarded for an undergraduate course or program in either the liberal arts, the sciences, or both...

 in philosophy in 1973. He then attended Syracuse University
Syracuse University
Syracuse University is a private research university located in Syracuse, New York, United States. Its roots can be traced back to Genesee Wesleyan Seminary, founded by the Methodist Episcopal Church in 1832, which also later founded Genesee College...

 and received an M.A.
Master of Arts (postgraduate)
A Master of Arts from the Latin Magister Artium, is a type of Master's degree awarded by universities in many countries. The M.A. is usually contrasted with the M.S. or M.Sc. degrees...

 in philosophy in 1976. He went on to study economics at the New School, working with Robert Heilbroner
Robert Heilbroner
Robert L. Heilbroner was an American economist and historian of economic thought. The author of some twenty books, Heilbroner was best known for The Worldly Philosophers , a survey of the lives and contributions of famous economists, notably Adam Smith, Karl Marx, and John Maynard...

, Edward Nell, and Vivian Walsh
Vivian Walsh
Vivian Walsh is a children's book author. Her best selling book Olive, the Other Reindeer is based on her real life Jack Russell Terrier. The dog, Olive, was later portrayed in the animated version of the picture book. The TV special was produced by Matt Groening, creator of the Simpsons.-...

. He received his Ph.D.
Ph.D.
A Ph.D. is a Doctor of Philosophy, an academic degree.Ph.D. may also refer to:* Ph.D. , a 1980s British group*Piled Higher and Deeper, a web comic strip*PhD: Phantasy Degree, a Korean comic series* PhD Docbook renderer, an XML renderer...

 in 1983 for his work on Francois Quesnay
François Quesnay
François Quesnay was a French economist of the Physiocratic school. He is known for publishing the "Tableau économique" in 1758, which provided the foundations of the ideas of the Physiocrats...

's Tableau Économique
Tableau économique
The Tableau économique or Economic Table is an economic model first described in François Quesnay in 1759, which lay the foundation of the Physiocrats’ economic theories....

, the first economic model.

Work

He is known for his contributions to economics, particularly his work on poverty
Poverty
Poverty is the lack of a certain amount of material possessions or money. Absolute poverty or destitution is inability to afford basic human needs, which commonly includes clean and fresh water, nutrition, health care, education, clothing and shelter. About 1.7 billion people are estimated to live...

 and the middle class
Middle class
The middle class is any class of people in the middle of a societal hierarchy. In Weberian socio-economic terms, the middle class is the broad group of people in contemporary society who fall socio-economically between the working class and upper class....

, which documents that a thriving middle class and low rates of poverty require substantial redistributive efforts on the part of the government; his work applying the principles of Post Keynesian economics to microeconomic policy issues; his work on tax and redistribution policy and his work on the Tableau Économique
Tableau économique
The Tableau économique or Economic Table is an economic model first described in François Quesnay in 1759, which lay the foundation of the Physiocrats’ economic theories....

.

Books written

  • Alternative Theories of the State (Palgrave/Macmillan; 2006)
  • Fifty Major Economists, 1st ed. 1999. 2nd edition (Routledge; 2006) ISBN
    • (Czech edition, Barrister & Principal, 2002) (Chinese edition, 2005) (Indonesian edition, forthcoming) (Italian edition, forthcoming)

Books edited

  • Leading Contemporary Economists: Economics at the Cutting Edge Routledge, 2009 ISBN
  • Post Keynesian Macroeconomics: Essays in Honor of Ingrid Rima] edited with Mat Forstater and Gary Mongiovi) Routledge; 2007; ISBN 9780415772310
  • Empirical Post Keynesian Economics: Looking at the Real World (edited with Richard Holt)(M.E. Sharpe; 2006;
  • The Economics and the Ethics of the Basic Income Guarantee (Ashgate; edited with Karl Widerquist and Michael Lewis; 2005
  • A New Guide to Post Keynesian Economics (Routledge; edited with Richard Holt; 2001
  • Encyclopedia of Political Economy (edited with Phil O'Hara, et al.) Routledge; 1999
  • Economics and Its Discontents: Twentieth Century Dissenting Economists (edited with Richard Holt); Edward Elgar; 1998
  • Interactions in Political Economy: Malvern After Ten Years Routledge; 1996
  • Women in the Age of Economic Transformation (edited with Nahid Aslanbeigui and E. Gale) Summerfield; Routledge Publishers; 1994
    • (Spanish edition published in 1997 by Narcea, S.A.)

Poverty, the middle class, and income distribution

  • "Consumer Debt and the Measurement of Poverty and Inequality in the US", Review of Social Economy (June 2008) [with Robert Scott] [winner of the 2008 Warren Samuels Prize]
  • "The Decline of the Middle Class: An International Perspective" Journal of Economic Issues, Vol. 40, #1 (March 2007), pp. 181–200.
  • "Feminist Explanations for the Feminization of Poverty" Journal of Economic Issues, Vol. 36, #1 (June 2003), pp. 351–60.
  • "Explaining the Gender Poverty Gap in Developed and Transitional Economies", Journal of Economic Issues, Vol. 35, no.1 (March 2002), pp. 17–40.
  • "The Gender Poverty Gap in Developed Countries: Causes and Cures", Social Science Journal, Vol. 35, #2 (April 1998), pp. 275–86.
  • "Keynes and Antipoverty Policy", Review of Social Economy, Vol. LXIX, #3 (Fall 1991), pp. 365–82.
  • "The Feminization of Poverty: Causes and Remedies", Challenge (March–April 1988), pp. 57–61.
  • "Fiscal Policy and Work Incentives-- An International Comparison", Journal of Income Distribution, Vol. 11, #3-4 (Fall 2002-Winter 2003), pp. 51–69.
  • "E-Commerce, Equity, and the Sales Tax", Dissent (Summer 2000), pp. 49–52.
  • "Consumption, Income Distribution and Taxation: Keynes' Fiscal Policy", Journal of Income Distribution, Vol. 7, #1 (1997), pp. 29–44.
  • "The Feasibility of an Expenditure Tax", International Journal of Social Economy, Vol. 22, #8 (1995), pp. 3–15.
  • "Deficits, Full Employment and the Use of Fiscal Policy", Review of Political Economy, Vol. 7, #2 (April 1995), pp. 212–26.
  • "The Composition of Government Spending: Does It Make Any Difference?", Review of Political Economy, Vol. 6, #2 (April 1994), pp. 221–39.
  • "Tax Expenditures for Child Exemptions", Journal of Economic Issues, Vol. 27, #3 (September 1993), pp. 699–719.
  • "Child Exemptions or Family Allowances: What Sort of Antipoverty Program for America?", American Journal of Economics and Sociology, Vol. 51, #3 (July 1992), pp. 257–72.
  • "The $1000 Question: A Tax Credit to End Child Poverty?", Challenge, Vol. 35, #1 (January–February 1992), pp. 49–52.
  • "The Myths and Realities of Tax Bracket Creep", Eastern Economic Journal, Vol. XIII, #1 (January–March 1987), pp. 31–9.
  • "A Tale of Two Taxpayers: The Effects of the Economic Recovery and Tax Act of 1981",Journal of Post Keynesian Economics, Vol. IX, #2 (Winter 1986-1987), pp. 226-36.
  • "Why Not a Flat Tax!", Review of Business, Vol. 8, #1 (Summer 1986), pp. 4–8.

Post-Keynesian economics

  • "Nicholas Kaldor and his Principle of Cumulative Causation", Journal of Economic Issues, Vol. 42, #2 (June 2008) [with Ric Holt], pp. 367–373.
  • "Expanding the Boundaries of the Economics of Crime", International Journal of Political Economy (Spring 2008), Vol. 37, #1, pp. 78–100.
  • "A Prolegomena to Any Future Post Keynesian Education Policy", Journal of Post Keynesian Economics, Vol. 29, #3 (Spring 2007), pp. 455–472.
  • "Economic Power, the State and Post Keynesian Economics", International Journal of Political Economy, Vol. 35, #4 (Winter 2006-07), pp. 67–86.
  • "What is Wrong with Public Choice", Journal of Post Keynesian Economics, Vol. 27, #1 (Fall 2004), pp. 3–18.
  • "What Do Capital Markets Really Do? And What Should We Do About Capital Markets?", Economiés et Sociétés, Vol. 10, #2-3 (1996), pp. 193–209.
  • "The Policy Relevance of The General Theory", Journal of Economic Studies, Vol. 14, #4 (1987), pp. 13–23. Reprinted in The General Theory and After: Essays in Post Keynesianism, ed. John Pheby (West Yorkshire: MCB University Press, 1987). Also reprinted in John Maynard Keynes (1883–1946), ed. Mark Blaug (Edward Elgar, 1991).
  • "The Lasting Contributions of John Kenneth Galbraith, 1908-2006", Journal of Post Keynesian Economics (Winter 2006-07), pp. 379–390. [with Stephen Dunn]
  • "The Economic Contributions of John Kenneth Galbraith", Review of Political Economy, Vol. 17, #2 (April 2005), pp. 161–209 [lead article; with Stephen Dunn]. Revised and reprinted in Leading Contemporary Economists: Their Major Contributions, ed. S. Pressman (Routledge, 2009), pp. 281–334.

Physiocracy and the history of economic thought

  • "The Two Dogmas of Neoclassical Economics", Science and Society, Vol. 68, #4 (Winter 2004-2005), pp. 483–93. Proquest]
  • "Are the Different Versions of the Tableau Consistent?", International Journal of Applied Economics and Econometrics (January–March 2003), pp. 1–22.
  • "The Economic Contributions of Amartya Sen", Review of Political Economy, Vol 12, #1 (January 2000), pp. 89–113. [with Gale Summerfield]. Revised and reprinted in Leading Contemporary Economists: Their Major Contributions, ed. S. Pressman (Routledge, 2009), pp. 66–98.
  • "The Economic Contributions of David M. Gordon", Review of Political Economy, Vol. 9, #2 (April 1997), pp. 225–245 [with Heather Boushey]. Revised and reprinted in Leading Contemporary Economists: Their Major Contributions, ed. S. Pressman (Routledge, 2009), pp. 15–37.
  • "An American Dilemma: Fifty Years Later", Journal of Economic Issues, Vol. 28, #2 (June 1994), pp. 577–85.
  • "Quesnay's Theory of Taxation", Journal of the History of Economic Thought, Vol. 16, #1 (Spring 1994), pp. 86–105.
  • "Econ Agonistes: Navagating and Surviving the Publishing Process", The American Economist (Fall 2008), Vol. 52, #2, pp. 26–32
  • "Kahneman, Tversky and Institutional Economics", Journal of Economic Issues, Vol. 40, #2 (June 2006), pp. 501–506.
  • "Clap Happy: Applause and the Voting Paradox", Journal of Economic Methodology, Vol. 13, #2 (July 2006), pp. 241–56.
  • "On Financial Frauds and Their Causes", The American Journal of Economics and Sociology
    The American Journal of Economics and Sociology
    The American Journal of Economics and Sociology is a peer-reviewed academic journal established in 1941 by Will Lissner with support from the Robert Schalkenbach Foundation. The purpose of the journal was to create a forum for a continuing discussion of the issues raised by Henry George, a...

    , Vol. 57, #4 (October 1998), pp. 405–22.
  • "Multiple Journal Submissions: The Case Against", The American Journal of Economics and Sociology (July 1994), pp. 315–333.

Other works

  • "Three Million Americans are Debt Poor", Dollars and Sense (July/August 2007), pp. 10–13 [with Robert Scott]. Reprinted in Real World Banking and Finance, 5th ed., Ed. Daniel Fireside and Amy Gluckman (Dollars and Sense Collective, 2008), pp. 214–218.
  • "The Economics of Grade Inflation", Challenge (July/August 2007), pp. 93–102.

External links

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