Levy Economics Institute

What Levy Economics Institute does

The Levy Economics Institute of Bard College is a nonprofit, nonpartisan public policy research organization founded in 1986 through the support of Bard College trustee Leon Levy and headquartered at the Blithewood estate on the Bard College campus in Annandale-on-Hudson, New York. The institute's intellectual focus is heterodox macroeconomics, encompassing Modern Money Theory (MMT), Post-Keynesian economics, and Hyman Minsky's financial instability hypothesis, with applied research on monetary policy, employment policy and job guarantees, income and wealth distribution, gender equality, and measures of economic well-being. Its core "products" are six publication series (Working Papers, Policy Notes, Public Policy Briefs, Strategic Analyses, Research Project Reports, and One-Pagers), complemented by a blog, podcast series, the Minsky Archive hosted at Bard College Library, a graduate studies program in partnership with Bard College, and annual convenings including the Minsky Conference (32nd edition in 2025) and the Anniversary Conference (40th edition in 2026). All publications are distributed freely via the institute's website and associated channels.

The institute's primary audiences are policymakers and government officials (US and international), academics and researchers working in heterodox economic traditions, and the general public and media seeking nonpartisan economic analysis. It engages directly with multilateral institutions including the United Nations Human Rights Council, the International Labor Organization, and the European Parliament, and individual scholars have advised US presidential campaigns (Sanders 2016, Biden-Harris 2020). The institute is governed by its own Board of Governors and Board of Advisors and is legally incorporated as a New York nonprofit affiliated with but independent from Bard College.

The institute's revenue model is donations and institutional support: there is no commercial product, no paywall, and no pricing model. Operations are funded through contributions (including via Bard College's giving platform), likely grant funding, and Bard College's institutional backing. The operating model is consistent with a small-to-mid-sized US policy think tank: a single physical location, a focused niche in heterodox economics, and a distributed, global audience reached through digital channels and convenings rather than commercial distribution.

Name

Levy Economics Institute

Legal name

Levy Economics Institute of Bard College

Website

https://levyinstitute.org

Company type

Private

Founded year

1986

Operating status

Operating

Headcount range

11–50 employees

Short description

The Levy Economics Institute of Bard College is a nonprofit, nonpartisan public policy research organization founded in 1986 that produces freely available heterodox economics research on monetary policy, employment, and inequality, serving policymakers, academics, and the public through publications, conferences, and partnerships with the UN, ILO, and European Parliament.

Ownership category

akta.pro rank

Product category

Economic Policy Research

NAICS

Periodical Publishers (51312)

SIC

Periodicals: Publishing Or Publishing & Printing (2721)

akta.pro primary industry

Think Tanks, Policy Research & Public Policy Institutes (BPAGAFAO)

akta.pro secondary industries

Economic & Macroeconomic Research (BPAHALAD), Education Policy Research Institutes & Think Tanks (EDADADAA), Policy, Regulatory & Public Affairs Research (BPAHALAF)

Keywords

• Economic policy research
• Heterodox economics research
• Monetary policy analysis
• Macroeconomic policy studies
• Public policy think tank

Headquarters

HQ city

Annandale-on-hudson

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Others

Revenue model

1. Donations and Institutional Support: The institute is a nonprofit, nonpartisan public policy research organization founded through the generous support of Bard College trustee Leon Levy. It relies on donations, institutional support from Bard College, and likely grant funding to sustain operations. All publications are made freely available.

Go-to-market motion2 records

Distribution channels4 records

Marketing channels8 records

Core offering

The Levy Economics Institute is a nonprofit, nonpartisan public policy research organization that produces and disseminates heterodox economic research on monetary policy, financial instability, employment, inequality, and macroeconomic theory. Its core offerings are six publication series — Working Papers, Policy Notes, Public Policy Briefs, Strategic Analyses, Research Project Reports, and One-Pagers — organized around seven research programs and complemented by the annual Minsky Conference, blog, podcasts, and a graduate studies program with Bard College. All publications are made freely available on its website, with no commercial pricing.

Product overview

Levy Economics Institute is a nonprofit, nonpartisan public policy think tank that operates as a research and publishing organization rather than a technology product company. The Institute's offerings consist of a portfolio of publications (Working Papers, Policy Notes, Public Policy Briefs, Strategic Analyses, Research Project Reports, and One-Pagers) that disseminate economic research and policy analysis. These publications are organized around seven research programs covering monetary policy and financial structure, employment and labor markets, income distribution and well-being measurement, gender equality, and economic policy for the 21st century. The Institute also provides commentary through its Blog and Podcasts, hosts events including the annual Minsky Conference, maintains the Minsky Archive, and offers a Graduate Studies program in partnership with Bard College. The Institute does not offer a software product, platform, or technology service.

Differentiator

Problem solved

Functional benefit

Quantifiable outcome

• Institute scholars have influenced US policy debates on job guarantees, COVID-19 fiscal response, and Federal Reserve reform; contributed to UN roadmap for eradicating poverty; and shaped academic discourse on Modern Money Theory globally.

Segments4 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

Seven partnerships are on record, tiered core, major and minor.

• Bard CollegecoreStrategic or Co-development PartnerThe institute was founded through the generous support of Bard College trustee Leon Levy and is administratively part of Bard College. It shares the Bard College campus at Annandale-on-Hudson. The institute's graduate studies program (Levy Economics Institute Graduate Program) is hosted at Bard College (bard.edu/levygrad/). The Minsky Archive is maintained at Bard College Library.
• United Nations Human Rights CouncilmajorStrategic or Co-development PartnerPresident Pavlina R. Tcherneva has collaborated with experts from the United Nations Human Rights Council on designing and evaluating employment programs. Tcherneva also contributed to a landmark UN Roadmap for Eradicating Poverty.
• International Labor Organization (ILO)majorStrategic or Co-development PartnerTcherneva has collaborated with the International Labor Organization on designing and evaluating employment programs. The institute's job guarantee research has been influential in international policy discussions on employment.
• European ParliamentmajorStrategic or Co-development PartnerInstitute scholars have collaborated with members of the European Parliament on employment policy and macroeconomic policy alternatives, sharing research on job guarantees and fiscal policy.
• Renmin University of ChinaminorStrategic or Co-development PartnerA Seminar on Modern Monetary Theory and the Launch of New Macroeconomics was held in July 2025 at Renmin University, jointly hosted by Renmin University's School of Economics, Central Compilation and Translation Press, and the Ministry of Education's '101 Project'. Over 40 scholars from more than 10 universities and research institutions participated, co-organized with Beijing Institute of Technology.
• US Presidential CampaignsminorStrategic or Co-development PartnerPavlina Tcherneva worked with the Sanders 2016 Presidential campaign after her research on inequality garnered national attention. In 2020, she was invited to serve on the Biden-Harris economic policy volunteer committee during their Presidential run.
• Bard-OSUN Economic Democracy InitiativecoreStrategic or Co-development PartnerThe institute, through President Tcherneva, is the founding director of the Bard-OSUN Economic Democracy Initiative, a collaborative program focused on economic democracy research and education.

Scale indicators2 records

Recent moves6 records

Expansion highlights5 records

Broad incumbents

• Urban Institute: Major nonprofit economic and social policy research organization producing reports on inequality, housing, and labor markets. Comparable to Levy in its economic research mission, publication model, and policy engagement, but with significantly larger scale and mainstream orientation.
• Brookings Institution: Large, established DC-based policy think tank with a substantial economic studies program. Comparable to Levy as a peer in economic policy research, publishing working papers and policy briefs, but operates at much larger scale and broader (centrist) ideological scope.
• National Bureau of Economic Research (NBER): Premier US economics research organization producing working papers and convening researchers. Comparable to Levy as a working-paper-driven economic research outlet, but mainstream in orientation and much larger in scale and influence.

Direct peers

• Roosevelt Institute: Progressive economic think tank developing policy ideas on power, inequality, and macroeconomic reform. Comparable to Levy as a US-based economic policy research organization producing working papers and policy briefs aimed at changing mainstream economic debate.
• Institute for New Economic Thinking (INET): Nonprofit research organization funding heterodox economic research and challenging mainstream paradigms. Comparable to Levy in advancing Post-Keynesian and MMT-influenced research, convening scholars, and producing working papers for policy and academic audiences.
• Economic Policy Institute: Nonprofit think tank producing research on economic inequality, labor markets, and progressive policy. Directly comparable to Levy as a US-based heterodox/progressive economics research outlet with policy-brief and working-paper output and a similar audience of policymakers and journalists.
• Schwartz Center for Economic Policy Analysis (The New School): Heterodox economics research center producing working papers on macroeconomic policy, inequality, and fiscal policy. Comparable to Levy in theoretical orientation (Post-Keynesian/MMT-adjacent), working-paper publishing model, and policy engagement mission.
• Center for Economic and Policy Research (CEPR): Left-leaning economic policy think tank producing reports on macroeconomic policy, employment, and inequality. Closely comparable to Levy in mission, heterodox orientation, publication-driven model, and direct engagement with US and international policymakers.
• Political Economy Research Institute (PERI) at UMass Amherst: University-affiliated research institute producing heterodox economic research on inequality, labor, and finance. Highly comparable to Levy in methodology (Post-Keynesian/heterodox), publication format (working papers, policy briefs), and audience.

Emerging players

• Tax Foundation: Nonpartisan tax and economic policy research organization producing reports and modeling. Comparable to Levy in its publication-driven think tank model and policy engagement, but with a more market-oriented and tax-specific focus.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks5 records

Key highlights5 records

Customer concentration

• Xx.com/levyecon
• Facebookfacebook.com/LevyInstitute
• LinkedInlinkedin.com/company/levy-economics-institute
• Instagraminstagram.com/levyecon

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

Funding overview

Funding rounds

Investors

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M&A

Investments

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