Category Archives: Resnick

Remembering Stephen Resnick (1938-2013)

Stephen Resnick

The Department of Economics announces the passing of Stephen Resnick, one of our greatest scholars and a founder of the modern department. Steve was one of the leading Marxist economists and Marxian theorists of his generation. A winner of the University of Massachusetts Distinguished Teaching Award, Steve’s classes inspired many scores of graduate students and thousands of undergraduates.

Steve earned his PhD at MIT in 1964 and came to UMass Amherst in 1973 after teaching at Yale and City College of New York. With longtime collaborator UMass Amherst Economics Professor Emeritus Richard Wolff, Steve was a founder and leader of the Association of Economic and Social Analysis and the Rethinking Marxism journal, conference, and movement. Steve was Professor Emeritus and Helen Sheridan Memorial Scholar. At the time of his death, he was working on a multitude of projects including entitlements and benefits in a capitalist economy.

For more about Professor Resnick, his life, and his accomplishments, you can visit his online memorialread The Republican story, written by one of his former students, and read The Daily Collegian article.


Faculty and grad students on “Occupy” protests

Anastasia Wilson (Photo by Diane Lederman, The Republican)

Many UMass Amherst Economics Department faculty and graduate students have participated in the “Occupy” protests that started on Wall Street and have spread internationally. Occupy protests have been held locally in Amherst, Boston and Northampton.

On Oct. 19 UMass Amherst economics professors Gerald Friedman, David Kotz, and Stephen Resnick joined colleagues Dean Robinson and Jillian Schwedler (political science), Max Page (art), and Millicent Thayer (sociology) for the first Occupy UMass Teach-In held in the Cape Cod Lounge on the UMass Amherst campus. (The Daily Collegian, 10/20/11)

Deepankar Basu (Photo by Diane Lederman, The Republican)

Nancy Folbre, UMass Amherst economics professor, writes in the Economix blog about the Occupy Wall Street movement and what it may mean for the debate about wealth distribution in the U.S. She says visiting the protestors in New York City showed her that they weren’t proposing class warfare, but were instead expressing class rage. (New York Times, 10/17/11

Graduate student Mark Paul is profiled in a story about local residents who are taking part in the Occupy Wall Street demonstrations in New York City. (Gazette, 10/11/11)

A group of UMass Amherst students held a rally outside the Student Union on Oct. 12 calling for economic justice as part of the Occupy Wall Street movement. Speakers at the rally included UMass Amherst economics professors Deepankar Basu and David Kotz. (Republican, 10/13/11)

UMass Amherst graduate students, including Anastasia Wilson (shown in photo), participate in the Occupy Amherst protest on the Town Common. A video of the event highlights their message. (Republican, 10/5/11)

Three UMass Giants Discuss Econ’s Past and Future

In a panel discussion entitled “History of the UMass Economics Department and the Future of Radical Economics,” Professors Donald Katzner and Stephen Resnick and Professor Emeritus Samuel Bowles mixed personal reminiscence and economic analysis to describe the department’s trajectory over the past 40 years.  UMass has broken important ground, but challenges remain for the next generation of UMass-trained economists.

l. to r. Resnick, Bowles, and Katzner

l. to r. Resnick, Bowles, and Katzner