A recent Santa Fe Reporter article, Born Poor? Santa Fe economist Samuel Bowles says you better get used to it, profiles UMass Amherst economics professor emeritus, Samuel Bowles. His ideas, sometimes described as radical, are gaining momentum in light of the current state of the economy. The implication of Bowles’ basic ideas is that New Mexico and the United States will continue to fall behind until they learn to share the wealth.
“Sam Bowles is somebody who straddles the boundary. He maintains the idea that there should be radical redistribution—that the current system is a terrible system in a variety of ways—but he’s also somebody who believes the methodological tools of economics have some real value,” GWU’s Farrell says. “I think what he’s doing is very smart. And it actually has some promise for a future, coherent research agenda.”