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Economic Policy Institute - Definition and Overview |
| Related Words: Academy, Alliance, Association, Author, Bear, Begin, Breed, Broach, Cause, Christen, Create, Decree, Do, Edict, Effect |
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The Economic Policy Institute or EPI is a United States thinktank based in Washington, D.C. and concerned with, as its name implies, the formulation of economic policy. It was established in 1986 by a group of economists including Jeff Faux, Barry Bluestone, Robert Kuttner, Ray Marshall, Robert Reich, and Lester Thurow.
EPI states it was founded "to broaden the discussion about economic policy to include the interests of low- and middle-income workers," and it is considered liberal in its leanings. It states as its mission, "to provide high-quality research and education in order to promote a prosperous, fair, and sustainable economy." The organization conducts research, makes policy recommendations, and disseminates its work through various channels, including a journal and monthly newsletter.
EPI is organized as a non-profit organization and has a staff of about fifty, of whom about ten are Ph.D. researchers.
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