Joshua William Mason

John Jay College
City University of New York
Room 3509.1N
524 West 59th Street
New York, NY 10019



  • Ph.D. Economics, University of Massachusetts, Amherst. 2014.
  • M.A. Economics, University of Massachusetts, Amherst. 2010.
  • B.A. History, University of Chicago. 1999.

Peer-Reviewed Publications

  • Mason, J. and Jayadev, A. Strange Defeat: How Austerity Economics Lost All the Battles and Still Won the War. Economic and Political Weekly, Vol. 68, No. 32, August 10, 2013.
  • Mason, J. and Jayadev, A. Fisher Dynamics in Household Debt: The Case of the United States, 1929-2011, American Economic Journal: Macroeconomics, August 2014.
  • Mason, J. and Jayadev, A. The Post-1980s Debt Disinflation: An Exercise in Historical Accounting, Review of Keynesian Economics, 2015 (forthcoming)
  • Mason, J. and Jayadev, A. Loose Money, High Rates: Interest Rate Spreads in Historical Perspective. Cambridge Journal of Economics, 2015 (forthcoming)

Working Papers

  • Balance of Payments Constraints, the U.S. Current Account, and the Crisis of 2008, John Jay Economics Department Working Paper, Fall 2014.
  • Disgorge the Cash: The Disconnect Between Corporate Borrowing and Investment, Roosevelt Institute Working Paper, February 2015.

Published Scholarly Articles, Non Peer-Reviewed

  • Mason, J. and Cantor, D. Paradox and the City: Why the Working Class Has Political Power. Footnotes, the Newsletter of the American Sociological Association, April 2007.
  • Mason, J. and Cantor, D. Inside, Outside or Somewhere In Between: Fusion Voting and the Working Families Party. Social Policy, Spring 2004.

Book Reviews

  • Mason, J. Review of G. Dumenil and D. Levy, The Crisis of Neoliberalism. Rethinking Marxism, Fall 2014.

Published Reports

  • MacEwan, A., Mason, J., Miller, J. and Wicks-Lim, J. The Tax Adequacy Problem of New England States. Report prepared for the State Fiscal Analysis Initiative.
  • Mason, J. Big Business, Corporate Profits, and the Minimum Wage. Report prepared for the National Employment Law Project, 2012.
  • Pollin, R., Garret-Peltier, H., Mason, J., and Scharber, H., PERI Employment Estimates for Clean Energy Policy Proposals. Report prepared for the Natural Resources Defense Council, 2009.
  • Mason, J. Federal Stimulus and Medicaid: How Big a Savings for the City? New York City Independent Budget Office, 2009.
  • Mason, J. Federal Medicaid Changes Pose Major Budget Risks to the City’s Hospitals. New York City Independent Budget Office, 2008.
  • Mason, J. Larger City Subsidy Saves Public Hospitals, For Now. New York City Independent Budget Office, 2008.
  • Mason, J. Fusion Voting: An Old Idea That Makes Sense Again. Progressive America Fund, 2007.
  • Mason, J. Fusion Voting. National Open Ballot Project, 2007.

Book Chapters

  • Mason, J. A Brief History of the Federal Reserve. In Economics for the 99%, Center for Popular Economics, 2012.
  • Mason, J. Three Scenes from a Bull Market. In Boob Jubilee: The Mad Cultural Politics of the New Economy, edited by Thomas Frank. W. W. Norton & Company, 2003.
  • Silvers, D., Patterson, W. and Mason, J. Challenging Wall Street’s Conventional Wisdom: Defining a Worker-Owner View of Value. In Working Capital: The Power of Labor’s Pensions, edited by Archon Fung, Teresa Hebb, and Joel Rogers, Cornell University Press, 2001.
  • Disgorge the Cash!, The New Inquiry, Spring 2014
  • In Defense of David Graeber’s Debt. Jacobin, September 2012.
  • What Are the Bankers Up To? Jacobin, June 2012.
  • What’s Good Enough for GE Is Good Enough for the United States. New Deal 2.0, April 2011.
  • How Much Will Currency Policies Really Affect Our Economy? New Deal 2.0, October 2010.
  • Tax Evasion: By Focusing on Tax Fairness, Are Progressives Losing Sight of Government’s Real Job? City Limits, February 2003.
  • Big Idea: Tax the Street.City Limits, September 2002
  • The Flattering Tax: Does the Country’s Leading Anti-Poverty Program-the Earned Income Tax Credit-Actually Help Keep Wages Low? City Limits, May 2002.
  • Living Wage Junkonomics. City Limits, April 2002.
  • The Buses Don’t Stop Here Anymore: Sick Transit and How to Fix It. The American Prospect, December 2001.
  • Review of Lockdown America: Police and Prisons In The Age of Crisis, by Christian Parenti. The American Prospect, November 2001.
  • Review of Empire by Michael Hardt and Antonio Negri. In These Times, December 2000.
  • Review of Taking Care of Business: Samuel Gompers, George Meany, Lane Kirkland and the Tragedy of American Labor by Paul Buhle and Democracy Is Power: Rebuilding Unions from the Bottom Up, by Mike Parker and Martha Gruelle. Boston Review, October 2000.
  • Review of Irrational Exuberance by Robert Shiller. In These Times, September 2000.
  • Review of Brecht and Method by Fredric Jameson. In These Times, October 1999.


  • The Slack Wire ( Heterodox economics blog, regularly cited by widely-read business sites such as Dealbreaker and the Financial Times’ Alphaville. Ranked in the Top 200 Most Influential Economics Blogs by Oanalytica Indexes. “For fans of unorthodox economics, Mason is always someone to watch.“ – Tim Cook, Washington Post. Listed as “must-read” economics blog by Bloomberg.


  • University of Massachusetts Galbraith Prize for outstanding economics dissertation.

Invited Talks and Conference Presentations

  • The Dynamics of US Household Debt, presentation at event on “The Consequences of Economic Inequality for Economic Performance,” Columbia University, New York NY, December 2014.
  • Does Monetary Policy Work? Did It Ever? Presentation at the Hart Senate Office Building, Washington DC, at event jointly sponsored by the Roosevelt Institute, Americans for Financial Reform, and the Economic Policy Institute.
  • A Lerner-Wicksell-Tinbergen Framework for Macroeconomic Policy, 12th Biennial International Post Keynesian Conference, Kansas City MO, September 2014.
  • Functional Finance and Sound Finance (with Arjun Jayadev), International Economics Association, Amman, Jordan, June 2014.
  • Functional Finance and Sound Finance, 40th Eastern Economics Association Conference, Boston MA, April 2014
  • The Responsibilities of Heterodoxy: What Kind of Economics Do We Need? Left Forum, New York NY, June 7-9, 2013.
  • Low Interest … for Whom? 39th Eastern Economics Association Conference, New York NY, May 9-11, 2013
  • Fisher Dynamics in Household Debt. 39th Eastern Economics Association Conference, New York NY, May 9-11, 2013
  • Loose Money, High Rates: Interest Rate Spreads in Historical Perspective. Political Economy Workshop, Department of Economics, University of Massachusetts at Amherst. February 11, 2013.
  • Distribution and Debt (with Arjun Jayadev). Institute for New Economic Thinking Third Annual Conference, Berlin, Germany, April 12-14, 2012
  • The Dynamics of US Household Debt. Left Forum, New York NY, March 14-16, 2012
  • After the Crisis, Is a New New Deal Possible? Do We Want One? Left Forum, New York NY, March 14-16, 2012
  • Balance of Payments Constraints, the US Current Account Deficit and the Crisis of 2008. International Confederation of Associations for Pluralism in Economics Conference, Amherst, MA, November 11-13, 2011.
  • Was Restricted Credit Responsible for the Fall in Investment During the Great Recession? 37th Eastern Economic Association Conference, New York, NY, February 25-27, 2011.
  • Global Imbalances and the Great Recession. Left Forum, December 2010.
  • Is This What a Credit Crisis Looks Like? University of Massachusetts-New School University Economics Graduate Student Conference, Amherst, MA, October 2010.
  • Why Fusion? Why the Working Families Party? Socialist Scholars Conference, New York, NY, March 2004.


  • Three Essays in Historical Macroeconomics
  • Committee: Robert Pollin (chair), Arin Dube, James Heintz
  • Defended August 2014.

Teaching Experience

  • John Jay College of Criminal Justice (CUNY), Department of Economics, Assistant Professor, August 2014 – present.
  • Roosevelt University, Department of Economics, Instructor, September 2013-August 2014.
  • Columbia University, School of International and Public Affairs, Instructor, Spring 2012.
  • University of Massachusetts, Amherst, Instructor, Fall 2011.

Departmental and Professional Service

  • Graduate Student Representative, Hiring Committee, University of Massachusetts, 2010-2011
  • Reviewer for grant proposals, Institute for New Economic Thinking, 2011-present

Other Employment

  • Supervising Analyst, New York City Independent Budget Office, 2007-2009.
    • Led team of analysts covering New York City health, education and pension spending for independent city agency; advised City Council members on budget issues related to health care and public hospitals; supervised three other budget analysts.
  • Policy Director, New York Working Families Party, 2002-2007.
    • Overall responsibility for policy research and development for labor-oriented New York “fusion” party; led development of legislative proposals on local and statewide issues including New York City and State budgets, stock transfer tax (2003), state minimum wage (2004), and large retailer health insurance mandate (2005-06).
  • Staff, Center for Working Capital, 1998-2000.
    • Worked with labor unions on use of pension fund investments to support labor priorities; produced quarterly newsletter on union pension funds.

Last updated: April 17, 2015