Jeff Faux
Founding President and Distinguished Fellow, Economic Policy Institute
Chapter Member: Maryland-Washington, D.C. SSN
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About Jeff
Faux is the principle founder of the Economic Policy Institute based in Washington; DC; known as America’s leading research organization on the economic conditions of workers and their families. He has published and worked on wide range of political and economic issues; from the global economy to neighborhood community development; from fiscal and budget policy to trade and the economics of public investment. Faux has consulted with governments at all levels; labor unions; business; community; and citizen organizations. He currently serves on the Board of Directors of Campaign for America’s Future; a progressive policy think tank; and is a contributing editor to Dissent Magazine and The American Prospect. He is a former economist for the U.S. Departments of State; Commerce; and Labor; and former director of economic development for the U.S. Office of Economic Opportunity.
Contributions
Is Wall Street Looking to Profit from School Reform?
Basic Facts Brief,
In the News
Quoted by Kate Gibson in "Can Trump Play to His Base and the Davos Globalists?," CBS News, January 24, 2018.
Quoted by David Bacon in "NAFTA, the Cross-Border Disaster," The American Prospect, November 7, 2017.
Quoted by Max Bearak and Amanda Erickson in "What You Need to Know about NAFTA as It Goes through a Quarter-Life Crisis," The Washington Post, August 17, 2017.
Quoted by Derek Thompson in "What’s the Solution to Middle-Class Stagnation?," The Atlantic, March 8, 2016.
Opinion: "Why Republicans Oppose the Iran Agreement: Follow the Money," Jeff Faux, Huffington Post, July 30, 2015.
Opinion: "CIA Torture? Washington is 'Shocked! Shocked!'," Jeff Faux, Huffington Post, December 13, 2014.
Opinion: "How the Great Society Democratized Our Economy," Jeff Faux, Economic Policy Institute's Working Economics Blog, May 21, 2014.
Opinion: "In Memoriam: Lynn Williams," Jeff Faux, Economic Policy Institute's Working Economics Blog, May 12, 2014.
Opinion: "A Foreign Policy for the Left? Defending the 'Default Position'," Jeff Faux, Dissent, May 8, 2014.
Opinion: "Thomas Piketty Undermines the Hallowed Tenets of the Capitalist Catechism," Jeff Faux, The Nation, April 18, 2014.
Opinion: "Class War: The View from the Board Room," Jeff Faux, The American Prospect, January 13, 2014.
Opinion: "Barry Commoner and the Dream of a Liberal Third Party," Jeff Faux, The American Prospect, October 9, 2012.
Opinion: "American Futures: The Shortcomings of the Governing Class," Jeff Faux, Book Review, Dissent, Fall 2013.
Regular contributions by Jeff Faux to Huffington Post.
Publications
The Servant Economy: Where America’s Elite is Sending the Middle Class (John Wiley & Sons, 2012).
Documents the rise and fall of the idea that democratic government has a responsibility for shaping the future and delivers an indictment of Wall Street financiers and their Washington toadies who promote an age of austerity for the people and an age of gluttony for themselves. Forecasts that on their current trajectory, incomes for most Americans will fall substantially over the next 10 – 15 years as job growth is concentrated on low wage services. Concludes that little can be changed without a national citizen’s mobilization to restrict the influence of campaign contributions on policymaking.
The Global Class War: How America's Bipartisan Elite Lost Our Future - and What it Will Take to Win it Back (John Wiley & Sons, 2006).
Critiques both Democrats and Republicans for protecting transnational corporations "while abandoning the rest of us to an unregulated, and therefore brutal and merciless, global market." Describes how free trade and globalization have encouraged businesses to become nationless enterprises detached from the economic well-being of any single country, to the detriment of all but transnational elites.
The Party’s Not Over (Basic Books, 1996).
Provides policy insights and suggestions for rebuilding the Democratic party as the bastion of progressive ideas it could be.
Rebuilding America (with ). (Random House, 1984).
Excoriates the “controlling coalition of big business and big government” and offers a policy plan that looks to create a full-employment economy where all Americans would achieve financial stability.
The Star-Spangled Hustle (with ). (Doubleday, 1972).
Examines the complexities of Republican Party politics as it relates to minority enterprise programs; concludes that most economic development policy for minority-owned business largely failed to accomplish its goals.