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Aaron Pacitti is an Associate Professor of Economics whose research and teaching focus on macroeconomics, political economy, labor markets, employment insecurity, inequality, and economic history.  He is currently developing a survey to quatitatively measure job quality in the United States. In addition to academic journals, Aaron's research has been featured in the Washington Post, the Baltimore Sun, the Huffington Post, Think Progress, and many other national and local media outlets. 

Degree Program University
Ph.D. Economics American University
B.A. Economics Case Western Reserve University

My Siena Experience

My Teaching Philosophy

Economics is important to understanding the world and should be taught from a pluralistic perspective, comparing and critically analyzing competing theories. Economics should also be taught holistically to maximize student engagement. Economists have a responsibility to highlight the ethical and policy dimensions of the discipline, with an eye toward fairness and distribution.

The ultimate goal of my teaching is to not only inform students about important economic issues and their ethical and policy implications, but also to motivate them so that they want to learn more economics. I do this by showing precisely how and why economic forces affect their lives, and how policy can be utilized to alter economic outcomes.

What I Love About Siena

I have the opportunity to explore rapidly changing economic current events as they unfold with hard-working, interested students.


My Favorite Courses to Teach

All of them! But if I had to pick one, it would be Political Economy.

My Professional Experience

Year Title University
2016 - 2018 Douglas T. Hickey Chair in Business Siena College
2016 - Now Economics Department Chair Siena College
2015 - Now Associate Professor of Economics Siena College
2009 - 2015 Assistant Professor of Economics Siena College
2002 - 2009 Adjunct Professor American University

Current Research

Macroeconomics, Political Economy, Labor Economics, U.S. Economic History. Much of my current writings and rants can be found at the Huffington Post.

Articles & Book Reviews

  • Guaranteed Employment and Universal Child Care for a New Social Contract
    Theory in Action, vol. 11
    2018
  • Deindustrialization, the Rise of Services, and the Lengthening of Economic Recovery
    Economic Inquiry, vol. 55
    2017
  • Ending the Unemployment Crisis with Guaranteed Employment and Retraining
    Journal Of Economic Issues, vol. 48
    September, 2014
  • Efficiency Wages, Unemployment, and Labor Discipline
    Journal of Business and Economics Research, vol. 9
    2010
  • Bargaining Power, Labor Market Institutions, and the Great Moderation
    Eastern Economic Journal, vol. 41
    Spring, 2015
  • Minimum Wages and Economic Justice: A Classroom Exercise
    Forum For Social Economics, vol. 42
    Jan-Mar, 2013
  • The Cost of Job Loss and the Great Recession
    Journal of Post Keynesian Economics, vol. 33
    Summer, 2011
  • The Ongoing Labor Market Depression
    Challenge, vol. 58
    July/Aug, 2015
  • What the American Elite Won over the Past 35 Years and What All Other Americans Lost
    Challenge, vol. 58
    May/Jun, 2015

Awards & Distinctions

  • School of Business Teaching Excellence Award
    Category: Teaching
    Siena College, 2019
  • Guest Lecturer, Centre d’Études Franco-Américain de Management, Lyon, France, November 2018. 
    Category: Teaching
    Siena College, Centre d'√Čtudes Franco-Am√©ricain de Management, 2018
  • School of Business Service Excellence Award
    Category: Service-University
    Siena College, 2018
  • Douglas T. Hickey Chair in Business
    Category: Research
    Siena College, 2017
  • Douglas T. Hickey Chair in Business
    Category: Research
    Siena College, 2016
  • Best Paper Award (Advisor) for Economics Track, "The Cost of Job Loss during the Recovery from the Great Recession." Siena College Student Conference in Business, 2014.


    Category: Teaching
    Siena College, 2014
  • School of Business Research Excellence Award
    Category: Research
    Siena College, 2014
  • Best Paper Award (Advisor) for Economics Track, "Gender Discrimination, Educational Attainment, and the Female Employment Share." Siena College Student Conference in Business, 2012.
    Category: Teaching
    Siena College, 2012
  • Dissertation Fellow
    Category: Research
    American University, 2008
  • James H. Weaver Award for Excellence in Teaching
    Category: Teaching
    American University, 2008
  • Dean's Fellow
    Category: Other
    American University, 2003
  • Co-President Economics Graduate Student Union
    Category: Service-University
    American University, 2002

Books & Book Chapters

  • Critical Perspectives on the Minimum Wage
    Enslow
    2016
  • The Institutionalist Tradition in Labor Economics
    M.E. Sharpe
    2004

Presentations

  • The Rise of Services and the Lengthening of Economic Recovery
    2018
    Bureau of Labor Statistics Macroeconomics Workshop, Washington, District of Columbia
  • The Cost of Job Loss and Wage Growth
    2017
    Allied Social Science Association Meeting, Chicago, Illinois
  • The Rise of Services and the Lengthening of Economic Recovery
    2017
    New School, Empirical Macroeconomics Seminar, New York, New York
  • The Cost of Job Loss and Wage Growth
    February, 2016
    Eastern Economic Association Annual Conference, Washington, District of Columbia
  • Rethinking Employment Relations: The Social Bargain, Pensions, and Price Stability
    October, 2014
    Allied Social Science Association Meeting, Boston, Massachusetts
  • The Cost of Job Loss during the Recovery from the Great Recession
    October, 2014
    NYSEA Conference, Loudonville, New York
  • Goods, Services, and the Pace of Economic Recovery
    September, 2013
    Economic History Association, Arlington, Virginia
  • Is a Fair Labor Market Compatible with Full Employment and Price Stability? An Empirical Analysis of the Social Bargain
    January, 2013
    Allied Social Science Association Meeting, San Diego, California
  • Goods, Services, and the Pace of Economic Recovery
    2013
    Siena College Brown Bag Research Seminar, Loudonville, New York
  • Goods, Services, and the Pace of Economic Recovery
    2013
    University of Maryland Baltimore County Economics Department Seminar, Baltimore, Maryland
  • Goods, Services, and the Pace of Economic Recovery
    2013
    University of Massachusetts Amherst Economics Department History and Development Seminar, Amherst, Massachusetts
  • Goods, Services, and the Pace of Economic Recovery
    2013
    Washington Area Economic History Society Seminar, D.C., Washington
  • Labor Market Institutions, the Phillips Curve, and Inflation during the Great Recession
    November, 2011
    International Confederation of Associations for Pluralism in Economics, Amherst, Massachusetts
  • Minimum Wages and Economic Justice: A Classroom Exercise
    October, 2011
    New York State Sociological Association, Loudonville, New York
  • The Cost of Job Loss and the Great Recession
    2011
    Eastern Economic Association Annual Conference, New York, New York
  • Bargaining Power and the Phillips Curve
    February, 2010
    Eastern Economic Association Annual Conference, Philadelphia, Pennsylvania
  • Effort and Efficiency Wages: The Role of Unemployment in Labor Disciplining
    November, 2009
    Rethinking Marxism, Amherst, Massachusetts