EDUCATION
Ph.D., University of Missouri-Kansas City, US, 2006, Economics and Social Science
M.A., University of Ottawa, Canada, 2000, Economics
B.A. (Hons), University of Manitoba, Canada, 1999, Economics and Political Studies
SUNY BUFFALO STATE APPOINTMENTS
1. Lecturer, 09/01/04.
2. Assistant Professor, 09/01/06.
3. Associate Professor, 09/01/11.
4. Professor, 09/01/22.
5. Chair, 09/10/24.
COURSES TAUGHT
Advanced Monetary Theory, Economic Statistics, Econometrics, Money and Banking, Personal Finance, Principles of Macroeconomics, Public Finance, Seminar in Heteredox Economics,
PUBLICATIONS
(Selected - see CV for complete list)
Books
with Tae-Hee Jo and Jane Knodell (eds.). (2011). Heterodox Analysis of Financial Crisis and Reform: History, Politics and Economics. Cheltenham (UK), Northampton (MA): Edward Elgar. (lead editor)
LeClaire, J. (2008). The Great Deficit Debacle: Causes and Consequences of American Federal Budget Surpluses and Deficits, Saarbrucken: VDM Verlag, 2008.
Articles & Book Chapters
Government Debt in the Modern Money System. 2024, Nersisyan, Y. and Wray. L. R. (eds.) Elgar Companion to Modern Monetary Theory, Northampton, Edward Elgar. (peer reviewed, by invitation). https://doi.org/10.4337/9781788972246.00019
Fiscal and Monetary Policy for Difficult Times: Modern Money Theory Solutions, 2023. European Journal of Economics and Economic Policies, Vol. 20 (2) Nov. (Peer reviewed, Invited). DOI: https://doi.org/10.4337/ejeep.2023.0116
Modern Money Theory: Some Basics in response to Drumetz/Pfister, 2022, European Journal of Economics and Economic Policies, Special Issue on MMT. https://doi.org/10.4337/ejeep.2022.0089, (Peer reviewed, Invited critique).
Taxes are Deflationary and Can be Used as a Deflationary Tool. 2022. in Smithin, John and Steven Prssmand (eds.) Debates in Monetary Macroeconomics, London, Palgrave Macmillan, 131-147 (peer reviewed, by invitation).
Can Household Debt Lead to Financial Crises? 2022, in Wilson, Benjamin (ed). A Field Guide to Care, Crisis, Climate and Debt, Palgrave Macmillan. (peer reviewed, by invitation).
Does Household Debt Matter to Financial Fragility? 2023. Review of Political Economy, 35 (2), 434-453 (peer reviewed).
Seccareccia and Lavoie on Financial Crises in Rochon, L.P., Bougrine, H. (eds.). 2020. Credit, Money and Crises in Post Keynesian Economics. Cheltenham, Edward Elgar. (peer reviewed, by invitation)
Linking the Real and Financial Sectors of the Economy: The Major Contribution of Post-Keynesians, in Rochon, L.P., Monvoisin, V. (eds.). 2019. Finance, Growth and Inequality. Cheltenham, Edward Elgar. (peer reviewed, by invitation)
Women and investment: The Role of fiscal policy. 2015. International Journal of Political Economy 44, no.4: 296-310. 3/2/2015. (peer reviewed, by invitation)
Households after the Financial Crisis. 2012. Post Keynesian Economics, editor Jan Kregel. (peer reviewed, by invitation)
Budget Deficits in King. J.E. (ed.). 2012. Elgar Companion to Post Keynesian Economics, 2nd Edition. Cheltenham (UK), Northampton (MA): Edward Elgar. (peer reviewed, by invitation)
US deficit control and private sector wealth. 2008. Journal of Post Keynesian Economics 31, no. 1, Fall, 139-149.(peer reviewed)
Seeking full employment in a modern world. 2007. International Journal of Political Economy, 36, no. 3, 2007, 47-62. (peer reviewed)
PRESENTATIONS
(Recent, See CV for complete list)
What is Government Debt? As part of the Progressive Economics Forum (PEF) Session: How to Build a More Just and Resilient Economy Post-Pandemic, Canadian Economics Association Annual Meetings, Vancouver, Canada, (Virtually). 6/5/2021.
Introduction à la MMT. Seminar in French for L’Institut de recherches et d’informations socio économiques, IRIS, Montréal, Québec (Virtual via Zoom), 9/24/2020.
Does Household Debt Matter to Financial Fragility? Conversations in the Discipline Series: Care, Crisis, Climate and Debt, SUNY Cortland. 4/12/2020.
Households and the Financial Sector Balances, Finance Forum, The 3rd Modern Monetary Theory Conference, Stony Brook University, Long Island, New York, 9/26/19-9/29/19.
Conditions for Financial Macro Stability: The Role of the Household, Eastern Economics Association Annual Meetings, New York City, NY, 3/2/19.
INVITED PRESENTATIONS
(Recent - see CV for complete list)
Presentation, US Economic and Financial Trends and Forecasts at the UNAM-CISAN (Autonomous University of Mexico- Centre for North American Studies). Polycrises - Mexico-U.S. Bilateral Relations Workshop, Mexico City, Mexico, 8/13/24.
Visiting Professor/Researcher, Université Sorbonne Paris Nord, Centre D’Economie Paris Nord, 6/10/2024- 6-15/2024.
University showing of Finding the Money, with Yeva Nersisyan, Franklin Marshall College, Lewisburg, PA, USA.
Presentation, Erie County State of the Economy: Trends and Projections, Erie County Industrial Development Agency, Office Space/ Workforce Trends, Buffalo, New York, 11/16/2023 2023.
Panel Presentation, and Panel Organizer, Interest Rates and the Economy, Cape Ann Investor Summit, a private equity investment event, Gloucester, MA, 10/25/2023.
Panel presentation, Economic Policy for Difficult Times, at the Economics and Finance Department Fall Forum, “Current Global Economic and Financial Chaos,” SUNY Buffalo State, 11/15/22.
Closing Panel Presentation, Fiscal and Monetary Policy for Difficult Times: MMT Solutions at the Forum for Macroeconomics and Macroeconomic Policies (FMM) and the Macroeconomic Policy Institute (IMK) Annual Economics Conference, “Post-Keynesian Economics and Global Challenges,” Berlin, Germany, 10/22/22.
Online Panel Presentation, Progressive Economics Forum, Canadian Economic Association Annual Meetings. Integrating Post-Keynesian approaches in Introductory Macroeconomics, 5/31/22.
Opening Address: La théorie de la monnaie moderne: Comment financer la relance du Québec et du Canada après la pandémie (Modern Money Theory: How to Finance the Economic Renewal of Quebec and Canada after the Pandemic) at the conference: Après la pandémie: Autérité, relance or transition. At BanQ La Grande Bibliotheque, Montreal, Québec, Canada, 2/16/22.
Becoming a new Professor, Invited talk to the Ph.D. students, University of Missouri-Kansas City, Kansas City, Missouri (Virtual via Zoom), 12/2/2020.
Presentation, Does Household Debt Matter to Financial Fragility? Conversations in the Discipline Series: Care, Crisis, Climate and Debt, SUNY Cortland. 4/12/2020.
Panel Presentation, Intersectional Modern Monetary Theory (MMT); Equity and Inclusion in Theory and Practice, 2nd International MMT Conference, New School, New York City, NY, 9/29-30/18
Jinlin University, Professor for the 4th Political Economy Workshop, Jinlin University, Changchun, China, 7/8/19-7/12/19.
The Link between Household Debt Private Sector Firms, and the Government (English talk) invited Professor for the Progressive Economics Forum and Review of Political Economy: Critical Perspectives on Canadian Economic Policy Graduate Summer School, McGill University, Montreal, Quebec, Canada, 5/31/18.
Le lien entre la dette des ménages, des entreprises et du government (French Talk), invited Professor for the Progressive Economics Forum and Review of Political Economy: Critical Perspectives on Canadian Economic Policy Graduate Summer School, McGill University, Montreal, Quebec, Canada, 5/31/18.
Panel presentation, Institute for New Economic Thinking (INET) funding to present and participate in Unpacking and Managing Private Debt Build Up: Cases, for the Private Debt Initiative, Institute for New Economic Thinking, New York City, 4/6/18-4/8/18
The Role of Debt in Post Keynesian Economics: Real and Financial Components, invited Professor for the Post Keynesian Summer School, Review of Keynesian Economics, Trinity College, University of Toronto, Toronto, Canada, June 23-25, 2017.
Review of Keynesian Economics, Review of Political Economy, and Fields Institute grant to present The Treatment of household debt in the Post Keynesian tradition, Workshop on Inequality, Finance and Secular Stagnation, Cross-Border Post Keynesian Conference, Fields Institute, Toronto, Canada, May 13-14, 2016
Awards/Special Recognitions
Mentor of the Year Award by the McNair Scholars program, May 12, 2017.
Faculty Appreciation Award, SUNY, Buffalo State, April 27, 2014-15.
Faculty Appreciation Award, SUNY, Buffalo State, April 22, 2014.
Emerging Scholar Award, SUNY Buffalo State, February 28, 2013.
Individual Development Award ($800), Buffalo State College, February 2009.
Certificate of Appreciation, Dead Economists’ Society, Department of Economics and Finance, Buffalo State College, 2005.
Grants and Fellowships
Equity and Diversity Grant for Cross-Border Post Keynesian Conference ($500), February 2017.
Office of the Provost Grant for Cross-Border Post Keynesian Conference ($5000), June 2017.
School of Natural and Social Sciences Dean’s Office Grant for Cross-Border Post Keynesian Conference ($1035), June 2017.
SUNY Board of Trustees Conversations in the Discipline Grant for Cross-Border Post Keynesian Conference ($2700), June 2017.
Review of Keynesian Economics, Review of Political Economy, and Fields Institute Grant ($1000) Toronto, Canada, Travel Grant (Presentation) May 2016.
Institute for New Economic Thinking (INET) Berlin, Germany, Travel Grant (Presentation), July 2015.
Auxiliary Services Grant, Buffalo State College, in association with the Burchfield-Penney Art Center, Ted Schmidt: lead, April 15, 2009, $4000.
Intellectual Foundations, Buffalo State College, April 2009, $2700.
School of Natural and Social Sciences, Dean’s Office, Buffalo State College, April 2009, $5000.
President’s Office, Buffalo State College, Summer 2009, $5000.
Department of Economics and Finance, and, Economics Club, Buffalo State College, April 2009, $1000.
Various Publishers (Edward Elgar, SUNY Press, WW Norton, Cambria, McGraw-Hill, Cengage), October 2009, $1225.
Centre for Full Employment and Price Stability (CFEPS) Travel Grant (Presentation), 2005.
CFEPS, Journal of Post Keynesian Economics (JPKE) and University of Missouri-Kansas City (UMKC) Scholarship (Summer school participation), 2004.
Doctoral Students’ Association (US) Graduate Research Scholarship, University of Missouri-Kansas City, 2003.
Association pour le développement des études keynésiennes scholarship (France) (presentation), 2002.
C-FEPS, JPKE and UMKC Scholarship (Summer school participation), 2002.
Association for Heterodox Economics (UK) grant (participation), 2001.
CFEPS Research Grant (participation), 2001.
Women’s Council, UMKC, Grant (presentation), 2001.
Doctoral Students’ Association Graduate Research Scholarship, UMKC, 2001.
Dean of Arts Travel Grant, UMKC, 2001.
Department of Economics Travel Grant, UMKC, 2001.
Chancellors’ Interdisciplinary Ph.D. Fellowship, UMKC, 2001-2002
Association for Evolutionary Economics, CFEPS and, UMKC Scholarship (Summer school participation), 2001.
CFEPS Travel Grant (participation), 2001.
CFEPS Travel Grant (presentation), 2000.
Canada Study Grant for Female Doctoral Students in Non-Traditional Fields, Government of Canada, 2000-2001.
JPKE and CFEPS Scholarship (participation), 2000.
MEDIA INTERVIEWS
(Recent - see CV for complete list)
Interview for Local innovation strengthens the Great Lakes ecosystem, Jeff Shober, 9/2/24.
Expert Insights, Money Geek.com, 7/30/24. The Definition of Demand in Economics.
Expert Insights, Money Geek.com, 4/10/24.
Inflation in Economics.
Economic Recession
Federal Funds Rates
Interview with Lian Bunny, Buffalo Business First, Even as border traffic picks up. Pre-Covid numbers are far off, 2/5/24.
Expert Insights, Money Geek.com, 10/4/23.
Stagflation in Economics
Understanding the Main Types of Debt
Live in studio Local Evening News Interview: Interview for WIVB Channel 4 for Equal Pay Day, 3/14/23.
National Evening News Interview: Interview for Radio-Canada (French National Evening News for Canada (CBC)), Le Téléjournal, with Jean Philippe Riou, on the history of the Financial Crisis of 2007-2008 to contextualize the current possible imminent crisis. 3/13/23.
Video Interview with Tara Lynch, WIBV Channel 4 News, on Supreme Court decision on student loan forgiveness, 2/28/23.
Interview with Ciara Long for BIZ Now, on Casino impact in New York State, 1/18/23.
Interview with Mary Kekatos for ABC News, on Nurses’ Strike in NYC, 1/10/23.
Interview with Mike Petro for The Buffalo News, on Crowdfunding. 1/7/23.
Interview with Lian Bunny, reporter for Buffalo Business First on Border traffic, 11/2/2022. Canadian border traffic improves, but remains far behind 2019 levels,
Live National Evening News Interview: Interview for Radio-Canada (French National Evening News for Canada (CBC)) with Gerald Fillion, on Inflation, Interest Rates and Recession in Canada and US. 5/20/22.
Podcast: Interview for Radio-Canada (French National Public Radio for Canada (CBC)) podcast Question d’Intéret, with Gerald Fillion, on Inflation, Interest Rates, the Yield Curve and Recession in Canada and US. Air date 5/19/22.
Moving from Boston to Western New York during the COVID pandemic, WGRZ, Kelly Dudzik, 2/22/2022.
TV Interview with Chris Horvatits, a reporter at Channel 4, on the role of labor unions and the Mercy Strike. 10/2021.
As Strike Looms at Mercy Hospital, the Stakes are High, The Buffalo News, Matt Glynn, Jon Harris, 9/30/2021.
Pink tax Ban, WGRZ, Danielle Church, 10/1/2020.
Trade Deal could Boost Buffalo Niagara Auto Plants, Dairy Farms, The Buffalo News, Jerry Zremski, 12/13/2019.
Television Appearance on YNN, Time Warner Cable News: Interview with Mike Arena, Trump and Income Taxes- How the Math Checks Out News, 10/3/16.
Commented on Federal Reserve Policy for Finish Newspaper: Hufvudstadsbladet, for Mikael Brunila. Article appeared June 1, 2015.
Live TV appearance, Channel 7 News, 5:00pm, on the Government Shutdown and Debt Ceiling, Oct. 16, 2013.
TV appearance, YNN News, 5:00pm, Local Economist Says Deal to End Shutdown is Business as Usual, Oct. 17, 2013.
Television Appearance on YNN: Interview with Kevin Jolly, Sequestration could impact basic federally funded services for Western New Yorkers, March 5, 2013.
Television appearance on YNN: Interview with Kevin Jolly, What exactly is the “Fiscal Cliff: Some Western New Yorkers Weigh In, December 6, 2012.
Television appearance on YNN: Interview with Scott Patterson in studio directly following Obama’s American Jobs Act Speech, Sept. 8-9, 2011.
PROFESSIONAL AND ACADEMIC MEMBERSHIPS
Association pour le développement des études Keynésiennes, France, 2002-present.
Eastern Economics Association, US, 2002-present.
Canadian Economics Association, Canada, 2003-present.
Progressive Economics Forum, Canada, Steering Committee Member, 2005-present.
Association for Evolutionary Economics, US, 2006-present.
International Association for Feminist Economics, 2015-present.
Union for Radical Political Economics, US, 2016-present.
SERVICE TO THE PROFESSION
Advisory Board, Financial, SJI Fund, 2022-present
Editorial Board, Review of Political Economy, 2020-present.
Editorial Board, Ecological Economics, 2023-present.
Progressive Economics Forum, Steering Committee Member, Canada, 2010- present.