Economic Policy Institute

From Larry Arno Watkins
Revision as of 01:08, 31 March 2025 by Larryarnowatkins (talk | contribs) (First Page)
(diff) ← Older revision | Latest revision (diff) | Newer revision → (diff)

Economic Policy Institute (EPI)[edit]

The Economic Policy Institute (EPI) is a non-profit, non-partisan think tank based in Washington, D.C., that focuses on research and advocacy in the fields of economic policy, labor markets, income inequality, and social justice. Founded in 1986, EPI’s mission is to provide research-based policy solutions to address the needs of low- and middle-income families and ensure that the benefits of economic growth are shared broadly across society.

History[edit]

The Economic Policy Institute was established in 1986 by Jeffrey Faux and other economists and policy experts to provide a counterbalance to conservative economic policies that were emerging in the 1980s. EPI was founded to promote policies that would benefit working Americans, particularly those in the middle and lower income brackets, who were often left behind in the growing economy.

EPI’s research has since expanded to cover a wide range of issues affecting the U.S. economy, including employment, wages, inequality, health care, and education. The institute has become a leading voice in advocating for policies that promote broad-based economic prosperity and reduce economic inequality.

Mission[edit]

The mission of the Economic Policy Institute is to ensure that the economy works for all Americans, especially low- and middle-income families. Through its research and analysis, EPI advocates for policies that promote economic opportunity, social justice, and the well-being of workers. The institute works to achieve the following goals:

  • Promote full employment and fair wages for all workers.
  • Reduce income inequality and promote economic security for families.
  • Provide research and policy recommendations on labor markets, trade, and economic policy that support working Americans.
  • Influence public discourse on economic issues to encourage policies that benefit the broader public rather than just the wealthy.

Research Areas and Programs[edit]

EPI conducts research and advocacy in several key areas related to economic policy:

  • **Labor Market and Employment**: Research on the U.S. labor market, including issues such as job creation, unemployment, wage growth, and job quality. EPI advocates for policies that ensure workers receive fair pay, benefits, and protections.
  • **Income Inequality and Poverty**: Research on income distribution, poverty rates, and economic inequality in the U.S. EPI advocates for policies that reduce inequality and ensure that economic growth benefits all segments of society.
  • **Economic Growth and Development**: EPI conducts research on the factors that drive long-term economic growth, including investment in education, infrastructure, and innovation. The institute advocates for policies that encourage sustainable growth and long-term prosperity.
  • **Social Safety Net and Welfare**: EPI focuses on policies related to the social safety net, including Social Security, unemployment insurance, and food assistance programs. The institute advocates for policies that strengthen these programs to provide economic security for vulnerable populations.
  • **Health Care and Social Policy**: EPI conducts research on the U.S. health care system, including access to care, health insurance, and health outcomes. The institute also studies policies related to family leave, child care, and other social services.
  • **Trade and Globalization**: Research on the economic impact of trade agreements, globalization, and international labor markets. EPI advocates for trade policies that protect workers’ rights, ensure fair wages, and support job creation.
  • **Fiscal and Monetary Policy**: EPI evaluates the impact of government spending, tax policies, and monetary policies on economic inequality and the well-being of low- and middle-income families. The institute advocates for fiscal policies that address inequality and promote job growth.

Leadership[edit]

The Economic Policy Institute is led by a President and a Board of Trustees. The leadership team includes prominent economists, policy experts, and advocates for economic justice and social equity.

As of March 2025, the President of EPI is Thea Lee, who took office in 2018. Lee has been a strong advocate for labor rights, income equality, and economic justice. Under her leadership, EPI has continued to focus on addressing income inequality, promoting fair wages, and improving the living standards of working families.

Influence and Impact[edit]

The Economic Policy Institute is one of the most influential economic think tanks in the United States, particularly in the areas of labor markets, income inequality, and social policy. EPI’s research is frequently cited by policymakers, journalists, academics, and advocacy groups.

EPI’s reports and policy recommendations have shaped debates on critical issues such as raising the minimum wage, expanding access to affordable health care, and addressing economic inequality. The institute’s work has played a key role in advocating for progressive economic policies at the federal, state, and local levels.

Publications and Resources[edit]

EPI publishes a variety of reports, data sets, policy briefs, and research papers on economic issues. Some of its key publications include:

  • **EPI Reports**: In-depth research reports on a wide range of economic issues, including labor markets, inequality, and economic policy.
  • **The State of Working America**: A major annual publication that provides comprehensive analysis of U.S. labor markets, wages, and economic conditions.
  • **EPI Briefing Papers**: Short publications that offer analysis and recommendations on specific economic issues.
  • **Data and Statistics**: EPI provides detailed data and analysis on economic trends, income inequality, wages, and other key indicators.
  • **EPI Blog**: A blog featuring timely commentary from EPI economists and experts on current economic issues and policy developments.
  • **Podcasts and Videos**: EPI produces podcasts and video content featuring interviews with experts, policymakers, and labor leaders on topics such as economic policy, social justice, and labor rights.

Funding and Independence[edit]

The Economic Policy Institute is a non-profit organization funded by grants, donations, and contributions from individuals, foundations, and organizations that support its mission of economic justice and policy reform. It is committed to maintaining its independence by ensuring that its research is not influenced by political or corporate interests.

EPI operates transparently and publishes information about its funding sources to maintain the trust of its stakeholders and the public.

Criticism and Controversies[edit]

While EPI is widely respected for its research, it has faced occasional criticism from conservative groups, economists, and policymakers who disagree with its policy recommendations. Critics have often challenged EPI’s advocacy for increased government spending, higher taxes on the wealthy, and more robust labor protections, arguing that these policies may hinder economic growth and job creation.

Despite these criticisms, EPI maintains a strong commitment to evidence-based research and continues to advocate for policies that promote broad-based economic prosperity and social justice.

External Links[edit]

References[edit]

<references />

Retrieved from "https://larryarnowatkins.net/index.php?title=Economic_Policy_Institute&oldid=23"