Emeritus Professor of Economics and Finance, Monmouth University
Steven Pressman is Emeritus Professor of Economics and Finance at Monmouth University in West Long Branch, New Jersey. In addition, he serves as Associate Editor of the Review of Political Economy. His main research areas are poverty and income distribution, post-Keynesian macroeconomics, and the history of economic thought. Over the past three decades, Pressman has published more than 170 articles in refereed journals and as book chapters, and has authored or edited 18 books, including Understanding Piketty’s Capital in the 21st Century (Routledge, 2015). A New Guide to Post Keynesian Economics (Routledge, 2001), Alternative Theories of the State (Palgrave Macmillan, 2006), and 50 Major Economists (Routledge, 2013), which has reached its third edition and has been translated into five different languages. He is a frequent contributor to newspapers and regularly appears on TV to discuss economic issues.
Why America has a debt ceiling: 5 questions answered
Jul 24, 2021 05:16 am UTC| Economy
Another big fight is brewing over the U.S. debt ceiling, which is a statutory limit on how much the government can borrow to pay its bills. In an interview, Senate Minority Leader Mitch McConnell said Republicans wont...
The debt ceiling and why we should kill it: 5 questions answered
Jul 21, 2019 12:15 pm UTC| Insights & Views Economy
Editors note: The U.S. government maxed out its national credit card in March and has been moving money around ever since to avoid running out of cash. Very soon the Treasury Department will reach the limits of this...
The US economy likely just entered its longest ever expansion – here's who benefited in 3 charts
Jul 03, 2019 21:07 pm UTC| Insights & Views Economy
The U.S. economy likely surpassed an important milestone last month: Americans are now experiencing the longest economic expansion in the nations history, assuming the data still being collected bears this out. This is...
Stumped by the stock market slump? Start by picturing a used car dealership
Dec 24, 2018 07:54 am UTC| Insights & Views Business
Stocks have been slumping on a variety of concerns, from President Donald Trumps ongoing trade war with China to worries about an economic slowdown and rising interest rates. Given the many factors driving shares up or...
2 economic policies likely to change with Democrats in control of House
Nov 08, 2018 17:23 pm UTC| Insights & Views Economy
Perhaps the biggest surprise in the midterm elections was that, unlike 2016, there wasnt one. Polls and pundits expected Democrats would take control of the House and Republicans would keep the Senate, and thats exactly...
GOP tax plan doubles down on policies that are crushing the middle class
Dec 20, 2017 18:06 pm UTC| Insights & Views Politics
The U.S. middle class has always had a special mystique. It is the heart of the American dream. A decent income and home, doing better than ones parents, and retiring in comfort are all hallmarks of a middle-class...
Poor and middle-income families need a better way than 529s to save for college
May 27, 2017 02:57 am UTC| Insights & Views Economy
A college education is increasingly necessary for success in todays economy. Its also increasingly expensive. Americans with a college degree earn, on average, US$1 million more over the course of their lives than those...
There’s an extra $1 billion on the table for NT schools. This could change lives if spent well
Political donations rules are finally in the spotlight – here’s what the government should do