We often receive emails that assume the Heterodox Economics Newsletter is affiliated with a particular heterodox economics association, such as Association for Heterodox Economics. As a matter of fact, the Newsletter is and will continue to be independent of any heterodox economics associations, while promoting all kinds of heterodox economic activities in the tradition of Marxian-radical political, Post Keynesian-Sraffian, institutional-evolutionary, feminist, ecological, social economics, etc. This list of heterodox economics traditions is, of course, not exclusive. However, arguably, heterodox economics should not be as inclusive as the list on the Wikipedia page on “Heterodox Economics.” Moreover, this Wiki-entry defines heterodox economics in a negative manner, and it needs extensive elaboration. We know that many students go to Wikipedia to catch a glimpse of heterodox economics. So we'd like to draw your attention to this entry and, hopefully, you can make it better.
In the past we have been told (by a well-known economist) that we should be called the “Leftist” Heterodox Economics Newsletter. While we both come from the “leftist” tradition of heterodox economics, we do not purposely exclude information from, say, any “rightist” traditions (like the Austrians, for example). We post information that comes from the networks and listservs that we the editors choose to belong to, and that is what the content of the Newsletter reflects. If that means we ARE the Leftist HEN, then so be it.
Tae-Hee Jo and Ted P. Schmidt, Editors
© Heterodox Economics Newsletter. Since 2004. Founding Editor: Frederic S. Lee. Current Editors: Tae-Hee Jo and Ted P. Schmidt (SUNY Buffalo State). Book Review Editor: Fadhel Kaboub. The Newsletter may be freely redistributed in whole or in part. Web: heterodoxnews.com Email: email@example.com
Table of Contents
Call for Papers
Heterodox Economics Association CFPs at the ASSA 2014
IV Jornadas Sobre Enseñanza de la Economía
VI International Conference of the Brazilian Keynesian Association
10th International (Bilbao) Conference: Development in Economic Theory and Policy
ASE at the Southern Economic Association Conference 2013
ephemera Special Issue on “The Political Economy of Corporate Governance”
Essays on Full Employment: Call for Book Contributors
Food, Farming and Agriculture: Heterodox and Green Future Economics Perspectives!
The Politics of Markets: Scope, Steering and Evaluation
Research Network Macroeconomics and Macroeconomic Policies (FMM) Conference 2013
Call for Participants
Association for Institutional Thought (AFIT) Conference 2013
Summer School of Heterodox Economics 2013
Graz Schumpeter Summer School 2013
Summer Institute in New Economics 2013
Academic Work Cultures and Wellbeing: Strategies for Transformation
Centro Sraffa April Seminars
CESMEP Spring 2013 Seminar Series
Diversity Initiative for Tenure in Economics
Hyman P. Minsky Conference on the State of the US and World Economies
IIPPE Training Workshop
An Introduction to Post Keynesian Economics and Political Economy
Post Keynesian Economics Study Group (PKSG) Events
Keynes Seminar in Cambridge
Understanding the Changing Worlds of Capitalism: New Perspectives on the Political Economy of Work, Production and Employment Regimes
Call for Panelists
Land Rights and Social Control: AFEE-ASSA 2014
Social Entrepreneurship: ASE-ASSA 2014
Job Postings for Heterodox Economists
New Economics Foundation
School of Oriental and African Studies (SOAS), UK
University of Groningen, Netherlands
Conference Papers, Reports, and Podcasts
Rethinking the State: Interview with Jan Kregel
The Love of Money: Interview with L. Randall Wray
American Journal of Economics and Sociology, 72(2): April 2013
European Journal of Economics and Economic Policies: Intervention
International Critical Thought, 3(1): March 2013
Industrial and Corporate Change, 22(2): April 2013
International Journal of Political Economy, 41(3): Fall 2012
Journal of Agrarian Change, 13(2): April 2013
Journal of Economic Methodology, 20(1): March 2013
Metroeconomica, 64(2): May 2013
Problemas del Desarrollo, 44(172): January-March 2013
Real World Economic Review, 63(25): March 2013
Socio-Economic Review, 11(2): April 2013
Global Labour Column
Heterodox Books and Book Series
Fair Trade, Sustainability and Social Change
Financial Crisis, Labour Markets and Institutions
Technological Change and Network Effects in Growth Regimes: Exploring the Microfoundations of Economic Growth
To Live and Die in America: Class, Power, Health and Health Care
The Global Economic Crisis: A Chronology
The Political Economy of the Small Firm
The Rhetoric of the Right: Language Change and the Spread of the Market
The US Economy and Neoliberalism: Alternative Strategies and Policies
Heterodox Graduate Programs, Scholarships, and Grants
Kingston University PhD Scholarship
University of Greenwich MPhil/PhD Studentship
For Your Information
Thought and Devotion: A Tribute to Stephen A. Resnick
January 3-5, 2014 | Philadelphia, Pennsylvania, USA
Find the call for paper for major heterodox economics associations at the ASSA meetings
Fecha y lugar: 24 y 25 de octubre, Los Polvorines (GBA)
Organiza: Área de Economía del Instituto del Desarrollo Humano (IDH) de la Universidad Nacional de General Sarmiento (UNGS)
14-16 August 2013 | Federal University of Espirito Santo, Vitoria, Brazil
The Brazilian Keynesian Association (AKB) is organizing its 6th International Conference which will be held in the 14-16 August 2013, in Vitoria, Brazil, at the Federal University of Espirito Santo. The Conference will have two special sessions: ‘The future of the Keynesianism: in honour of Prof Mario Possas’ and ‘Inflation targeting and the criticism on the New Macroeconomic Consensus’, with participation of Philip Arestis, Gilberto Tadeu Lima, among other ones, as special guests. There will be a mini-course on ‘Keynes, Kalecki and Schumpeter: a necessary bridge?”, with Mario Possas.
We would like to invite you to submit papers to our Conference. The submissions shall be broadly related to the following topics:
Scientific Committee and other details:
The Scientific Committee is André Modenesi (UFRJ), Alain Herscovici (UFES) and Giuliano
Contento de Oliveira (UNICAMP). Additional details about the Conference can will appear in
the AKB website: http://www.akb.org.br/ or just send an email to us: firstname.lastname@example.org
27-28 JUNE 2013 | Bilbao, Spain | website
The Department of Applied Economics V, of the University of the Basque Country (Spain) and the Cambridge Centre for Economic and Public Policy, Department of Land Economy, of the University of Cambridge (United Kingdom) are organizing the 10th International Conference Developments in Economic Theory and Policy. The Conference will be held in Bilbao (Spain), from 27th June to 28th of June 2013, at the Faculty of Economics and Business of the University of the Basque Country.
Although papers are invited on all areas of economics, there will be two Plenary Sessions with Invited Speakers in the following topics:
Besides these Special Sessions, there will be another Plenary Session, with Lord Robert Skidelsky delivering a Keynote Speech
The deadline to submit papers and ‘Organized Sessions' is May 27, 2013.
For more information, visit the conference website.
November 23-25, 2013 | Tampa, FL, USA
The annual conference of the Southern Economic Association will be held at the Tampa Marriott Waterside in Tampa, Florida, on November 23-25, 2013 (Saturday-Monday).
The Association for Social Economics will host 3 sessions at the Southern meetings this year. This year's theme will be "Social Issues and Human Development." Research oriented towards health, education, poverty, family structure, and welfare of the general population in the U.S. as well as in any other parts of the world are especially welcome.
Please submit your proposals along with your department names, addresses, and affiliations to Dr. Aparna Mitra (email@example.com) by April 15, 2013.
Issue editors: Ulf Larsson Olaison, Andreas Jansson, Jeroen Veldman and Armin Beverungen
Corporate governance as an academic field was hardly present before the 1970s, but has since risen to prominence (Ireland, 2009) and has arguably become dominated by agency theory (Daily et al., 2003). In agency theory, ‘shareholder value’ is typically identified as the legitimate goal of the corporation, and the purpose of corporate governance here becomes to rectify deviations from this ideal (Jensen and Meckling, 1976). The definition of problems and the practical corporate governance solutions prescribed by agency theory have proven to be very effective for law and economics scholars to ‘converge’ upon (Hansmann and Kraakman, 2001) as a normative blueprint of what constitutes ‘good governance’ (Fligstein, 1993; Lazonick and O’Sullivan, 2000). They have also come to dominate adjacent disciplines such as accounting, strategic management and law (Whittington, 2008; Power, 2010). This ‘optimal’ view of the corporation and its governance has with equal vigour and instrumentality been used in the rapid enforcement of governance standards by individual nations as well as international standards setters like the EU, OECD and IASB, and will continue to influence future regulation, for example through the European Commission’s green book on corporate governance regulation (2011).
Notwithstanding its dominance, agency theory is certainly not without its critics. In organization studies, we find critiques of its tendency to view subjects as under-socialised and without a sense of social responsibility (Ghoshal, 2005). Here, agency theory is seen as creating a self-fulfilling and untestable model: its ‘actors’ come to act in line with the model because the model itself prescribes a dominant rationality (Zajac and Westphal, 1995). This view is echoed in corporate social responsibility and business ethics, where it has been argued that agency theory imports a narrow view of the corporation and its goals (Roberts, 2003). In legal studies, agency theory is charged with obscuring the historical development of corporate forms through its simplified assumptions about the primacy of contractual relations and attributions of ownership (Bratton, 1989; Ireland, 1999). In this it disregards the moral justification of the corporate form as it stood before the rise of agency theory (Robé, 2011). Contemporary corporate governance scholarship thus treats the socially complex phenomenon of corporate law in a conceptually reductive way (Siems and Deakin, 2010). While these modes of critique help to show the theoretical limits of agency theory, they have in turn been subject to criticism. Indeed, such critiques in organization studies and CSR tend to take the wider framing of corporate subjecthood and agency in legal and economic scholarship as a given (Dunne, 2008). Consequently, questions relating to the ‘nature’, ‘agency’ and ‘responsibility’ of the corporation are addressed with only limited insight into the historical – and political – legitimation of the corporate form (Ireland, 2010; Marens, 2012). Economic sociology in particular acknowledges that financialised versions of corporate governance play a central role in wealth distribution (Fligstein, 2001; Lazonick and O’Sullivan, 2000). Yet there is little consideration of how this distribution of wealth might be produced and legitimated by particular ideas of the corporation and its governance or by the contract as a key building block of a capitalist legal architecture (Mitropoulos, 2012).
By proposing to explore the political economy of corporate governance, the Special Issue seeks to foreground how agency theory becomes prescriptive by soliciting a very specific idea of the corporation and corporate governance that foregrounds the primacy of shareholder value. Agency theory here is framed as a theoretical program that pushes a specific distribution of wealth and becomes the most prominent propagator of neoliberal politics (Harvey, 2005; Ireland, 2009; Peck, 2010). The dominance of this prescriptive theory over corporate governance research and practice provides every reason to question both the ‘is’ and the ‘ought’ of corporate governance as an emerging discipline (Friedman, 1953).
To this end, we ask for contributions, from both a theoretical and an empirical perspective, which critically analyse the ideas, values and ideologies that inform notions of corporate governance. We welcome contributions from within the broad study of corporate governance – e.g. from organization studies, sociology, accounting and finance, legal theory, economics, political theory – with an emphasis on the political economy of corporate governance, addressing topics such as:
The deadline for contributions is the 31st of December 2013. All contributions should be submitted to one of the issue editors. Please note that three categories of contributions are invited for the special issue: articles, notes and reviews. Please contact any of the editors with your ideas especially to propose a note or review for the issue, or a contribution of any other format. All submissions should follow ephemera’s submissions guidelines: http://www.ephemerajournal.org/how-submit.
Ulf Larsson Olaison (firstname.lastname@example.org)
Andreas Jansson (email@example.com)
Jeroen Veldman (firstname.lastname@example.org)
Armin Beverungen (email@example.com)
The Work Forum is a new independent non-profit publishing company, dedicated to promoting full employment as a policy goal.
We are currently completing a collection of essays on full employment, aimed at a lay rather than academic audience. We have received a number of contributions already from some distinguished experts from the Post Keynesian community and beyond, covering numerous aspects of this key policy theme. Moreover several contributions are in the pipeline, and we aim to be ready for publication soon.
Nevertheless we are still looking for contributors to cover a couple of important areas:
If you are interested in contributing, or if you have any questions, please get in touch with Tanweer Ali@ firstname.lastname@example.org.
1 May 2013 11:00 – 18:00 | Trinity College, Oxford University | website
How can human food chains be be made both environmentally and economically, humane and sustainable in the 21st century? The aim of the conference is to provide a context in which alternative strategies and models for food production, distribution and conception of what is food and what is nature, other species, the planet and its systems. How to better manage our food supplies using a variety of Heterodox Economics Approaches, and we explore them during the event.
In this environment of food disaster, corruption and mismanagement, combined with global and Europe wide food policies, we need to reclaim a sense of sanity in our food chains. Biodiversity is lost, cruelty is endemic in the food chain and safety and health issues are completely lost in the current agribusiness disaster. Lets reclaim the economy of food with a much more humane, local centred, safe and healthy production which is better for people, nature, other species and the planet and much more cost effective and useful. Its time to take back control from the globalised mess to a more productive extensive, benevolent and up to date caring and sharing food production and distribution -kinder to people, nature, biodiversity, other species and not least our pockets- make no mistake we are paying hugely for the current mess in all kinds of ways ! Lets get change moving ! Lets get checks and balances back in ! Lets eat right to get fitter for our own well being! Land use is a real problem for climate change and biodiversity.
Many people have still nowhere to live, many people in the Uk today are relying on food banks in the Prime Ministers own area. Is this the economy of the 21st century we can be proud of -no – its a shameful disaster and is replicated in many countries! Its time to sort this mess out all over the world! What we grow reflects who we are ! Lets not grow more concrete- lets grow living biodiversity, lets grow innovation! Lets grow sharing and caring in our economy!
We are Calling for Papers and for Participants to this first ever green economics of food, farming and agriculture conference, and the development of green economics and food from theoretical, policy making and practical perspectives and aiming to give advise to producers, policy makers and academics. (All speakers being invited and in the process of confirming)
Book, Proceedings, and Reports
All participants will be given the opportunity to contribute to a new book, The Greening of Food, Farming and Agriculture: and all participants are invited to publish in a special issue of our academic double blind peer reviewed journal International Journal of Green Economics and also to a Proceedings of the Conference of the Greening of Food Farming and Agriculture Papers for the Conference proceedings must be submitted in .odt or .doc format and should be 5 sides A4 fully referenced.
Please Email Ideas, Papers and Proposals to The Green Economics Institute, Editors: Miriam Kennet (UK), Juliane Goeke (Germany) and Michelle Gale De Oliveira (Brazil and USA) at email@example.com.
For more information visit the link.
13th June, 2013 | University of Westminster, Regent campus, UK
Keynote speaker: Professor Andrew Gamble, University of Cambridge
This interdisciplinary conference addresses questions concerning politics and markets. Critiques abound of current national and international political-economic systems, often characterised as ‘neoliberal,’ with the role of markets in society being the subject of widespread debate and concern. At the same time, it is often said that ‘governance’ has shifted from hierarchical to networked-based arrangements, which has implications for the debate on markets and the state. Yet in political science and related disciplines there remains a need for engagement with evaluative questions related to the scope of markets and specific modes of ‘governance’, particularly the following:
These questions about markets are clearly of fundamental importance to the study and practice of politics and inevitably emerge in research analysing various areas of national and international policy, being undertaken within various, quite separate, disciplines and sub-disciplines of the social sciences. This conference aims to bring together and compare research intersecting with these questions across policy sectors, mapping their findings and identifying emerging research agendas. Abstracts (of maximum 200 words) are invited that should summarise a proposed presentation for the conference. We welcome proposed presentations varying in terms of empirical/ theoretical/ methodological focus. Contributions might relate to the following areas (though this may not be an exhaustive list):
We are interested in exploring the possibility of organising a journal special issue to follow the conference. Please submit abstracts to Tom Mills firstname.lastname@example.org by 22 April 2013
The Jobs Crisis: causes, cures, constraints
24 – 26 October 2013 | Berlin, Germany
[Introductory lectures on heterodox economics for graduate students on 24 October 2013]
More than five years after the beginning of the financial crisis in the United States, the world economy is still highly fragile. In particular, many countries are facing a severe jobs crisis. This is especially true for the euro area, which fell back into recession in 2012 and where unemployment has reached unprecedented levels. Especially worrying is the surge in youth unemployment in some countries. Even in those parts of the world, where unemployment is comparably low, a jobs crisis exists of a different nature: many jobs are increasingly precarious and low paid. Where are new and decent jobs to come from? In many countries, fiscal policy appears firmly set on an austerity course, while the ability of monetary policy to further stimulate the economy is questioned. What is the scope of macroeconomic policy to reduce unemployment? What is the role of labour market institutions and policies in the current context? And in the face of environmental concerns, how can employment be decoupled from economic growth and green jobs promoted?
The submission of papers in the following areas is encouraged:
For the open part of the conference the submission of papers on the general subject of the Research Network –macroeconomics and macroeconomic policies – is encouraged as well. We also ask for the submission of papers for graduate student sessions on both the specific topic of this conference and the general subject of FMM. There will also be a day of introductory lectures for graduate students prior to the opening panel on 24 October. Hotel costs will be covered for participants presenting in the graduate student sessions (for a maximum of four nights from 23 to 27 October).
The deadline for paper proposals is 30 June 2013. Please send an abstract (one page) to email@example.com.
Decisions will be made in early August. Registration forms for the introductory lectures and the conference will be made available online in mid-August. Accepted papers should be sent by 15 October to be posted on the conference web page. Selected papers will be published after the conference in a special papers & proceedings issue of the European Journal of Economics and Economic Policies: Intervention (EJEEP). Conference language is English.
More on the Research Network: www.network-macroeconomics.org
or on Facebook: http://www.facebook.com/fmm.imk
April 10-13, 2013 | Denver, CO, USA | website
Find the conference program here. Also note that AFIT runs a practice session on the day before regular sessions begin. “The purpose of this practice session is for those new to conference presentations to have time to become familiar with the machinery we use, and the spaces of a hotel setting. This practice session is also organized as a pre-conference social event. If you are seasoned at presenting papers, you might attend to offer helpful advice, and to help create a sense of a participating audience.”
8-12 July 2013 | Poznan University of Economics, Poland | website
Poznan University of Economics, and European Association of Evolutionary Political Economics encourage to participate in 2nd Summer School of Heterodox Economics.
The Summer School of Heterodox Economics will be held from 8th to 12th of July at the Poznan University of Economics. The purpose of the School is to create a space for scholars and students to exchange experience and knowledge on methodological aspects of evolutionary, institutionalist and post-keynesian economics. They will be developed in a series of lectures and discussion groups led by well-renowned representatives of those paradigms.
The course is open for PhDs, PhD and MA students. After the lectures and discussion groups students will have the opportunity to present their research projects, gain feedback from key reviewers and eventually discuss them with other participants and scholars.
The programme is available here.
Applicants are kindly asked to submit their application form and a short description of their PhD project or actual research work (no longer than 800 words). Documents must be sent by email to: firstname.lastname@example.org
Application deadline: 31th of May
Successful candidates will be notified by the 10th of June
Payment deadline: 31th of May
Summer School Fee: 130 EUR.
The fee covers participation, lunches and study materials. Accommodation and travel costs are not included. Organization committee can help to find convenient accommodation.
If you have any questions please contact:
Programme-related questions: Agnieszka Ziomek (email@example.com) or
other organizational issues: Krzysztof Czarnecki (firstname.lastname@example.org) or
Paweł Łuczak (email@example.com)
Innovations, Institutions and Economic Dynamics
July 1-6, 2013 | Graz, Austria
In today’s globalised world great disparities in economic development exist between industrialised countries and transitional economies. What are the driving forces behind dynamic and rapid change in economies and why do some countries, despite overall tremendous progress in the past decades, fail to develop and improve economically?
The Summer School 2013 will analyse the evolution of economic systems with a focus on how institutions matter in the dynamics of growth. Special attention is given to the analytical methods and tools suited to deal with complex economic developments and to alternative approaches to the problems at hand.
The school addresses PhD students and young researchers (Junior Fellows) working in the fields of Evolutionary Economics, Institutional Economics, Economics of Growth, Globalization and Development Economics, and History of Economic Thought.
Lectures will be given by:
The Summer School will be organized by the GSC of Graz University, Graz, Austria. Admission is open to up to 30 Junior Fellows, that is, graduate students and recent Ph.D.’s. The schedule of the Summer School has between three and four lectures each day, given by members of the Senior Faculty. A significant part of the time will be devoted to seminars in which Junior Fellows are given the opportunity to present their research work and get feedbacks from peers. Successful participation in the Summer School will be certified.
Application: Deadlines extended!
Applications should include: a CV; a one-page statement of the student’s motivation to participate in the Summer School; two letters of recommendation from university professors. The Application Form will be available on the homepage and should be completed and attached to any application. The material should be sent to: firstname.lastname@example.org until the end of February April 15, 2013. Applicants will be informed
about acceptance by the end of March April 2013. For questions about the application procedure and the Summer School in general, please contact us per e-mail: email@example.com
Applicants who are interested to present their research in a refereed session have to submit a paper together with the application. Submission of a paper is also mandatory for those who want to undertake assessment for academic credit. The scientific committee will decide about acceptance of submitted papers until March 31 April 30, 2013.
Tuition fee: The tuition fee of € 600,- includes course materials, accommodation for six nights, coffee breaks and lunches, and participation in social events. Accommodation is provided at the Summer School venue (Bildungshaus Mariatrost). Travel costs can not be covered. There is no fellowship available for the Summer School but we would advise you to make a request for financial support to your home university.
Location and Venue: Graz is the capital city of the province Styria (Steiermark) and with approx. 300.000 inhabitants Austria’s second largest city. The Old Town of Graz is one of the best preserved in Europe and was awarded World Cultural Heritage by UNESCO in 1999. In 2003 Graz was European Cultural Capital, which boosted a lot of developments in the city. Some of these have certainly set landmarks, such as the spectacular Kunsthaus (Art Museum) or the Island in the Mur river. The charm of the city itself, the perfect accessibility and bustling cultural life are only but a few advantages Graz has to offer.
Travel: Graz has an international airport with direct connections to Frankfurt, Munich, Vienna, and Zurich. The Summer School Venue can be reached with public transport. Cooperation: The GSC cooperates with other European academic institutions to secure a diversified scientific board and a broad attendance. The partnership with other Academic Institutions creates a scientific network ensuring useful spillover effects.
Contact: For further information on application and funding please access the Summer School
Website or contact the Summer School Office.
August 12-18, 2013 | Wind Point, USA
In view of the continuing failures of mainstream economics to address our ecological, unemployment and social challenges, and the growth of alternatives I am organizing the second annual Summer Institute on New Economics. I have attached a flyer about the institute. It will be held from August 12-18 at the Wingspread Retreat Facility in Wind Point, WI and is open is open to graduate students enrolled in any degree program. In addition to me, this year’s faculty include Gar Alperovitz, Joel Rogers, Gill Seyfang, Prasannan Parthasarathi, and Michel Bauwens. I am hoping that you will circulate this flyer to your graduate students and through your networks. We will have ample scholarships, so please encourage all interested students to apply, regardless of their financial status. Feel free to contact me (firstname.lastname@example.org) or email@example.com with any questions you may have about the institute.
Download a flyer.
Download an application form.
2-3 May, 2013 | Macquarie University, Australia | website
The aim of the conference is to reflect upon the state of working life in higher education today. While much has been written about the vast changes that have occurred within the sector in the last decade or so, there has been comparatively little research on the impact of such changes on the health and wellbeing of academic staff. Stress levels of academic staff are considerably higher and wellbeing levels significantly lower than the average, and everyday encounters with staff who report "exhaustion, stress, overload, insomnia, anxiety, shame, aggression, hurt, guilt and feelings of out-of-placeness, fraudulence and fear of exposure within the contemporary academy" (Gill, 2009:1) are increasingly prevalent. Anecdotal evidence also suggests that significant numbers of academic staff have sought advice and/or treatment from medical professionals as a result of work-related health issues.
Distinguished conference keynotes include:
For online Registrations, visit here.
Centro di Ricerche e Documentazione "Piero Sraffa" is pleased to announce upcoming events organised in collaboration with Dipartimento di Economia, Roma Tre University.
Lecture for PhD Students
Doctoral School in Economics and Quantitative Methods (within the course Monetary Economics)
Eladio Febrero Paños (University of Castilla-La Mancha): The Spanish Economy during the Great Recession. Teetering on the Brink of Collapse.
Monday 8 April 2013, 11:30-13:30
Roma Tre University, Faculty of Economics
Via Silvio D'Amico, 77, Rome
Room 24 - third floor
Seminar for PhD Students
Doctoral School in Economics and Quantitative Methods (within the course Monetary Economics)
Eladio Febrero Paños (University of Castilla-La Mancha): Understanding Target2 Imbalances from an Endogenous Money View: Sergio Cesaratto (University of Siena)
Tuesday 9 April 2013, 14:30-16:30
Roma Tre University, Faculty of Economics
Via Silvio D'Amico, 77, Rome
Room 24, third floor
in collaboration with Dipartimento di Economia, Roma Tre University
Christian Bidard ( University Paris Ouest): Getting Rid of Rent?
Thursday 11 April 2013, 14:30
Roma Tre University, Faculty of Economics
Via Silvio D'Amico, 77, Rome
Please, go to www.centrosraffa.org for the complete list of seminars and events at Centro Sraffa.
For further information please write at the address: firstname.lastname@example.org.
Seminar room of the Department of Economics and Statistics "Cognetti de Martiis",
Campus Luigi Einaudi, 3D101 | website (download flyer)
Friday 5 April, h. 12-14
Luigino Bruni (Dipartimento di Scienze economiche, politiche e delle lingue moderne, Libera Università Maria Ss. Assunta, Roma): La dittatura delle rendite: il messaggio di Achille Loria
Thursday 11 April, h. 14-16
Luca Fantacci (Dipartimento di Analisi delle Politiche e Management Pubblico, Università Bocconi, Milano): Keynes’s Commodity and Currency Plans for the Postwar World
Wednesday 24 April, h. 13-15
Anna Carabelli and Mario Cedrini (Dipartimento di Studi per l'Economia e l'Impresa, Università del Piemonte Orientale; Dipartimento di Economia e Statistica "Cognetti de Martiis", Università di Torino): Keynes's "General Theory", "Treatise on Money" and "Tract on Monetary Reform": Different Theories, Same Methodological Approach
Wednesday 8 May, h. 12-14
Lino Sau (Dipartimento di Economia e Statistica "Cognetti de Martiis", Università di Torino):
Do the International Monetary and Financial Systems Need More than Cosmetics Reforms?
Wednesday 22 May, h. 14-16
Paolo Silvestri (Dipartimento di Economia e Statistica "Cognetti de Martiis", Università di Torino):
Pareto Vs Croce = nominalismo Vs realismo? Scienza economica e filosofia
Wednesday 31 May, h. 12-14
Claudia Rotondi (Dipartimento di Economia internazionale, delle istituzioni e dello sviluppo, Università Cattolica del Sacro Cuore, Milano): TBD
CESMEP was developed at the Department of Economics and Statistics "Cognetti de Martiis" (Università di Torino) in 2001. Devoted to academic research in the history and methods of economics, it disseminates research through working papers, invites researchers to present original works, and sponsors research-related initiatives.
Department of Economics and Statistics "Cognetti de Martiis", Università di Torino
Campus Luigi Einaudi, Lungo Dora Siena 100a - 10153 Torino
Contacts: tel. (+39) 011 6704975; fax (+39) 0116704975; email@example.com
The Research Network on Racial and Ethnic Inequality with support from the Economics Department at Duke University and pending support from the National Science Foundation invites applications for the Diversity Initiative for Tenure in Economics (DITE), a mentoring program to facilitate the transition for junior faculty members holding doctorates in economics from assistant professor to tenured associate. DITE will involve pairing junior scholars with distinguished senior mentors working in related fields to receive guidance and potentially to develop collaborative research projects. DITE will provide resources for fellows and their mentors to meet at Duke University May 30-June 1, 2013, to visit their mentor at the mentor's campus, and to convene for a mini conference at Duke's economics department during the 2013-2014 academic year.
To apply please submit a CV, describe your trajectory in terms of research and progress toward tenure, provide a projection of your future research goals and aims with an indication of the type of support you expect you'll need, and provide an indication of your personal contribution toward enhancing diversity in the academy. Applicants must be permanent residents and have completed their doctorate before the application deadline.
If you have any further questions about DITE please contact either Sandy Darity (firstname.lastname@example.org) or Rhonda Sharpe (email@example.com). If you are interested, please submit your materials by April 19, 2013.
Building a Financial Structure for a More Stable and Equitable Economy
April 17–19, 2013 | Ford Foundation, 320 East 43 Street, New York City | Conference website
For the conference program and further information, visit the conference website.
July 8, 2013 | ISS in The Hague, The Netherlands
Following successful Training Workshops in Marxist Political Economy in London in June 2012 and March 2013, IIPPE announces its 3rd Training Workshop. This will be held over 1 day on Monday 8 July at the ISS in The Hague, the day before the start of the IIPPE Annual Conference, to take place also at the ISS in The Hague. This is therefore an excellent opportunity to combine the Training Workshop with attendance at the IIPPE Annual Conference. While we cannot fund travel costs, we have space for 90 participants, and for 40 of these we have secured funding for 4 nights accommodation (7 July to 10 July). If you wish to attend the Training Workshop, please send a short paragraph giving your reasons to Elisa van Waeyenberge (firstname.lastname@example.org). Please also make it clear whether you are applying for one of the 40 funded places. We expect oversubscription for these funded places; if so we will give priority to students and others who cannot obtain institutional funding to attend the Conference. Please apply AS SOON AS POSSIBLE. We hope to allocate the funded places by the end of April at the latest.
Simon Mohun and Elisa van Waeyenberge
For more information, visit here.
11-13 July 2013 | Kingston University, UK
The Global Financial Crisis has demonstrated the limitations of mainstream economic theory and neoliberal economic policy. This workshop will introduce two of the main alternatives to orthodoxy - Post Keynesian Economics and Marxist Political Economy. Post Keynesian Economics has at its core the concepts of effective demand and distributional conflict: individuals face fundamental uncertainty about the future; there is a central role for ‘animal spirits’ in the determination of investment decisions; inflation is the result of unresolved distributional conflicts; money is an endogenous creation of the private banking system; unemployment is determined by effective demand on the goods markets; financial markets are prone to periodic boom-bust cycles. Marxist Political Economy is focused on the fundamental conflict between capital and labour on the basis of the conception of the capitalist mode of production. It characterises capitalist production as intrinsically unstable, with financial crises sometimes the prelude to, and sometimes the result of, a crisis of over-accumulation of capital; it stresses the use of mass unemployment as a key element of the ‘cure’ for these problems. Marxist analysis looks to value form analysis to trace fundamental developments in capitalism and emphasises the role of the state in organizing the political and economic hegemony of capital. The workshop is aimed at students of economics and social sciences. As the aim of Post Keynesian Economics and Political Economy ultimately is to provide the foundation for progressive economic policies, it may of interest for a broader audience.
Thursday, 11 July, 9.00am - 7.00pm
Friday, 12 July, 9.00am - 7.00pm
Saturday, 13 July, 9.00am - 5.00pm
7 June 2013, SOAS Room B102, Brunei Gallery, UK
09.30 - 10.00 Opening and report on PKSG: Engelbert Stockhammer, PKSG
10.00 - 12.00 Panel 1
13.30 - 15.30 Panel 2
16.00 - 18.00 Panel 3
The conference is free of charge. PKSG will provide coffee from 9.15 and in the afternoon break.
Please register by sending an email to Jo Michell, email@example.com, ideally indicating if you will join us for dinner (19.30. We regret that this will be at your own expense).
The main SOAS campus at Russell Square is placed centrally in the Bloomsbury area of London, close to Russell Square, the British Museum, Oxford Street and Tottenham Court Road.
The following stations are the nearest to the Russell Square campus:
Russell Square (Piccadilly Line), Goodge Street (Northern Line), Tottenham Court Road (Central and Northern Lines)
For further maps, please see this link.
For more info on travel to SOAS, see here.
On Gender and Race Imbalances of the ‘Great Moderation’ and the ‘Great Recession’.
Leeds, 24-25 June 2013 | Further details here
May 1st 2013 | NUI Maynooth, Ireland
The various forms of capitalism are in crisis, as are the theories that have dominated understandings of capitalism in recent decades. This conference draws together leading international scholars to examine changing European capitalisms, with a particular focus on how the organisation of work, employment and production regimes is changing. We explore how theories must shift to account for changing capitalisms.
Speakers include Dorothee Bohle, Rossella Ciccia, Bernhard Ebbinghaus, Eoin Flaherty, Béla Greskovits, Peer Hull Kristensen, Frances McGinnity, Lars Mjoset, Mary Murphy, Seán Ó Riain, Luis Ortiz, Karen Shire, Markus Tünte.
The conference explores a variety of theories of political economy (e.g. Polanyian, institutionalist, pragmatist); different forms of capitalism in Europe (liberal, Christian democratic, social democratic, post-socialist, Mediterranean); and various institutions shaping work (e.g. welfare regimes, industrial relations, family, transnational work and technological change).
Registration is free but places are limited. Please register at http://www.nuim.ie/newdeals/?page_id=152
Full programme and information at http://www.nuim.ie/newdeals/?page_id=206
Enquiries to firstname.lastname@example.org
Information on travel to NUI Maynooth at http://www.nuim.ie/location/
Lyn Ossome and I are trying to put together a panel on Land Rights and Social Control for the AFEE panel at the ASSA. If you are interested in presenting a paper on this topic, please email us at email@example.com or firstname.lastname@example.org by April 10th. I am pasting a tentative abstract for the proposed panel.
Wright State University
Panel Title: Property Rights and Social Control: Investigating the Impacts on Land and Nature
Panel Abstract: The collapse of the global economy and increasing uprisings and resistances to the degradation of human life have cast shadows of doubt over the ability of liberal economics and politics to stimulate equal rights and social provisioning. Recent developments in property rights in land and nature have included the recognition of customary land and forest rights, promotion of rights of women and other marginalized people, and a tentative shift away from an ontology of individual property rights. However, it is not clear whether these developments amount to any significant institutional or structural shift in the climate of property rights. Capitalist investment and accumulation benefits both from the assignment of property rights to previously uncommodified goods and services as well as from subsidies arising from their incomplete commodification. Those dependent on land and nature have benefited from property rights because of access to legal recourse. Yet assignment or recognition of various forms of property rights also represent a form of disciplining and controlling the masses through the legal regulation of space. In providing a historical context of property rights, the papers in the panel will address the following questions. A) Do recent developments in property rights proposals and legislations increase the resilience of those dependent on land and nature and other forms of non-monetized production? Has it (or will it) shifted the emphasis away from economic growth to human development and human wellbeing? B) What are the political, economic, social and ecological challenges that underlie these new forms of property rights? Do they represent a new form of social control or do they incorporate existing inequities of gender, class, race and ethnicity?
I am thinking of putting together an ASE-Philly proposal for a panel focused on social entrepreneurship. If you are doing research/teaching in this area and are interested in this idea, please email me privately at email@example.com.
Director: Research and Development | website
£48k to £55k per annum
We face a barrage of major economic challenges, from creating good jobs and reducing inequality to addressing the urgent reality of climate change. Business as usual is not the answer. nef (the new economics foundation) is the increasingly influential leader of new economic thinking to make a rapid transition to an economy that delivers high well-being and social justice within the limits of the planet.
We are looking for an outstanding individual with an excellent record in securing research funding and leading cross-team research. You will have the experience and ability to: quickly grasp our programme areas, work collaboratively to develop new integrated research proposals; and identify new funding opportunities. You will also be responsible for ensuring high quality research across all programme areas.
If you have the experience, drive and inspiration to meet the challenge of this exciting role, we want to hear from you.
Deadline for applications: 29th April 2013, 9am
Interviews: 8th May 2013
For an application form (no CVs please) and more details see the ‘about us/job opportunities’ section of our website. www.neweconomics.org or write to Lois Fiander, nef (the new economics foundation), 3 Jonathan St SE11 5NH or email her at firstname.lastname@example.org
nef is an independent think-and-do tank that inspires and demonstrates real economic well-being.
For more information about this position, download this document.
Senior Lecturer/Reader/Professor | Department of Development Studies | website
Vacancy No: 000512
Development Studies is a highly successful department. Its MSc programmes attract large student numbers each year. The keys to success are the commitment of academic staff, and their distinct blend of critical analysis of mainstream development thinking, high quality teaching and engagement in practical development activities. The research activities of the department cover a range of issues relating to the political economy of globalisation and neoliberalism, agrarian change, labour markets and relations, violence, conflict and forced migration, poverty, gender relations and social change and, increasingly, environment and development.
The department currently teaches six MSc degrees – in Development Studies; in Violence, Conflict and Development; in Globalisation and Development; Migration, Mobility and Development; Labour, Social Movements and Development; and Research for International Development. These degrees recruit around 230 students each year. The department is also responsible for a BA joint honours degree in development studies, with an intake of around 70 students each year. Additionally, the department has a growing MPhil/PhD research student programme.
Candidates seeking further information about the department should consult the Department’s website. They may also contact the Head of Department, Prof. Christopher Cramer, School of Oriental and African Studies, Thornhaugh Street, Russell Square, London, WC1H 0XG, telephone +44 (0) 20 7898 4483, or e-mail
Closing date: 30 April 2013
Interviews are provisionally scheduled for week commencing: 27 May 2013
Job applicants who have been shortlisted would normally be notified within six weeks of the closing date. If you have not heard from the Human Resources Department by this date, please assume that your application for employment has been unsuccessful on this occasion.
SOAS values diversity and aims to be an equal opportunities employer. To apply for the job, go here.
Post-doctoral Researcher | Department of Globalization & Management | website
A Post-doctoral research position with teaching responsibility, starting October 2013 or until filled, for up to 4 years (initial 2-year contract, renewed upon satisfactory performance). We are looking for someone with econometric expertise and an interest in quantitative analysis of real-financial interactions, and the ability to teach two or three courses per year (subjects to be decided). You will be part of a research team directed by Dr Dirk Bezemer working on the impact of the growth and composition of the financial sector in OECD economies. In a later stage the scope may be extended to emerging economies. For questions and expressions of interest (CV and motivation letter), please contact email@example.com.
The project is funded by the Institute for New Economic Thinking (INET) and you will be part of the global INET community (http://ineteconomics.org/). You will work in the Global Economics & Management department, with over 50 faculty members and approximately 25 doctoral students the largest department in the Faculty of Economics within the University of Groningen. Groningen is a vibrant city in the north of the Netherlands ( http://portal.groningen.nl/en/).
As part of the INET video project "Rethinking the State," Jan Kregel discusses the causes and consequences of the Greek crisis, and the ineffectiveness and side effects of austerity. Click here to view.
British Prime Minister David Cameron and his Chancellor George Osborne are currently enforcing “savage” spending cuts that, in Cameron’s own words, “will change our whole way of life”. Why? Listen to Randall Wray’s response here.
Future issues of the European Journal of Economics and Economic Policies: Intervention (EJEEP) will be published by Edward Elgar. Back issues (2004-2010), including special FMM conference issues, are now available for free download (link). The call for papers for future issues can be found here.
Information and Trends
Notes and Comments
Journal website: www.mesharpe.com/mall/results1.asp?ACR=ijp
CHI-MAO WANG and MICHAEL WOODS
Historical Materialism and Agrarian History / Henry Bernstein
Introduction: Methodology, systemic risk, and the economics profession / John Davis and Wade Hands
Commentary and Debate
Download the entire issue
In this issue:
Special Issue: Asian capitalisms. Bringing Asia into the comparative capitalism perspective
Website: www.networkideas.org or www.ideaswebsite.org
Events & Announcements
The IIPPE Poverty Working Group (PovWG) has launched its Working Papers series with a paper by Yiannis Bassiakos, George Labrinidis and Costas Passas. You can find the paper here.
While thousands of people face rising rents, struggle to get on the property ladder or just keep a roof over their heads, the super rich have amassed housing wealth that means they are living in a different world. Please share this graphic on Facebook, or forward this e-mail on to a friend, to expose the stark gap that has opened up in British society.
By Mark Hudson, Ian Hudson and Mara Fridell
March 2013. Palgrave Macmillan. ISBN: 978-1-137-26984-3. International Political Economy Series | website
Is fair trade a radical movement aiming to transform global systems of production and exchange, or is it a marketing niche that delivers small benefits to Southern farmers and a clean conscience to Northern consumers? Schisms currently opening between the US-based Fair Trade USA and the rest of the international fair trade movement are reflective of this choice. This book evaluates the extent to which fair trade is likely to be a transformative movement. The authors show that fair trade's most significant, and threatened, contribution is its potential to reveal to otherwise 'blinded' consumers the qualitative aspects of labour and nature embodied in commodities. Integrating insights from economic and sociological theory and research, the book sheds new light on this potential of the movement, its role in producing social change, and, given the recent strategic trajectory of the movement, the serious problems it now faces.
Edited by Sebastiano Fadda, Pasquale Tridico
January 2013. Routledge. ISBN: 978-0-415-53860-2 (hb). Series in Routledge Frontiers of Political Economy | website
This book seeks to explain the global financial crisis and its wider economic, political, and social repercussions, arguing that the 2007-9 meltdown was in fact a systemic crisis of the capitalist system.
The volume makes these points through the exploration of several key questions:
The book argues that each variety of capitalism has its own specific crisis tendencies, and that the uneven global character of the crisis is related to the current forms of integration of the world market. More specifically, the 2007-09 economic crisis is rooted in the uneven income distribution and inequality caused by the current financial-led model of growth.
By Torsten Heinrich
February 2013. Routledge. ISBN: 978-0-415-63110-5 (hb). Series in Routledge Advances in Heterodox Economics | website
In this new volume it is argued that network effects are much more common than usually assumed, and that they have a profound impact on many aspects of economic systems, especially technological change and economic growth. The analysis and modelling of this interrelationship is the central focus of this book.
While there exists a vast body of literature on economic growth, the theories put forward so far have had limited success in explaining observed patterns of economic growth. ‘Growth cycles’ in particular continue to elude standard economic models, though evolutionary economics has made some progress. Seeking to fill the gap, Torsten Heinrich’s innovative approach uses microeconomics to explain heterogeneous sectoral dynamics on the meso level, and then aggregating these to observed macroeconomic growth rates. In this way, it is shown that an evolutionary model of technological change with network effects can explain not only commonly observed asymmetric industry structures, monopolies and oligopolies but also ‘growth cycles’.
The book includes a comprehensive account of the most influential economic growth theories, a discussion of the research on network effects as well as an introduction to the methodology, the model, and a case study on the recent emergence of information and communication technology.
This important new volume will be relevant to all those interested in theoretical economics, growth theory, innovation economics, agent based modelling and industry dynamics.
By Robert Chernomas and Ian Hudson
February 2013. Pluto Press. ISBN: 978-0-7453-3212-3 (pb) | website
To Live and Die in America details how the United States has among the worst indicators of health in the industrialized world and at the same time spends significantly more on its health care system than any other industrial nation.
Robert Chernomas and Ian Hudson explain this contradictory phenomenon as the product of the unique brand of capitalism that has developed in the US. It is this particular form of capitalism that created both the social and economic conditions that largely influence health outcomes and the inefficient, unpopular and inaccessible health care system that is incapable of dealing with them.
The authors argue that improving health in America requires a change in the conditions in which people live and work as well as a restructured health care system.
By Larry Allen
March 2013. Reaktion Books. ISBN 978-1780230924 │ website
The main purpose of this book lies in delivering a lucid and logical post-mortem of the global economic and financial crisis that burst upon the scene in 2008. The aim is to present a clear diagnosis of the crisis from a long perspective of economic and financial history. The book presents a chronological history of the crisis but it blends economic theory, a bit of Hegelian dialectic, and a history of changing expectations and psychology as expressed by quotes in the media. The outcome is a narrative that presents the crisis as an ordered sequence of historical events. In explaining linkages of cause and effect it does draw upon historical parallels that reach back to much earlier times. All readers who follow current issues will find the book an intelligent and useful treatment of an epochal shaping turn of events.
By Charles Dannreuther, Lew Perren
February 2013. Routledge. ISBN: 978-0-415-19856-1 (hb). Series in Routledge Frontiers of Political Economy | website
For many, small firms are everyday realities of the economy and visible in every high-street and industrial estate. Their existence and importance is unquestionable. Such beliefs are understandable, but the authors of this new book would suggest they are misguided. The Political Economy of the Small Firm challenges the assumptions regarding small firms that pervade society and political representation. Small firms are not organised into a homogenous sector that has a clear constituency or political influence. In fact, the small firm is shown to be an inconstant political construct that is discursively ethereal and vulnerable to political exploitation.
By David George
August 2012. Routledge. ISBN: 978-0-415-67997-8. Series in Routledge Studies in the History of Economics | website
This study seeks to demonstrate the subtle ways in which changes in the language associated with economic issues are reflective of a gradual but quantifiable conservative ideological shift.
In this rigorous analysis, David George uses as his data a century of word usage within The New York Times, starting in 1900. It is not always obvious how the changes identified necessarily reflect a stronger prejudice toward laissez-faire free market capitalism, and so much of the book seeks to demonstrate the subtle ways in which the changing language indeed carries with it a political message. This analysis is made through exploration of five major areas of focus: "economics rhetoric" scholarship and the growing "behavioral economics" school of thought; the discourse of government and taxation; the changing meaning of "competition," and "competitive"; changing attitudes toward labor; and the celebration of growth relative to the decline in attention to economic justice and social equality.
Edited by Nikolaos Karagiannis, Zagros Madjd-Sadjadi and Swapan Sen
March 2013. Routledge. ISBN: 978-0-415-64505-8 | website
In recent times, policy makers, scientists, academics and commentators have become increasingly nervous about the US economic downturn. Discussions have centred around the range and magnitude of the country’s socio-economic problems, its vexing production decline and its unsatisfactory macroeconomic performance, which give rise to the following questions: what are the sources of this recent downfall? And can this situation be reversed by pursuing the same orthodox and neoliberal policies?
This new edited volume, from a top international set of contributors, seeks to answer these questions and to offer alternative, realistic and feasible strategies and policy recommendations towards reversing this situation.
In particular, the volume seeks to challenge US neoliberalism on theoretical and political grounds, and to offer alternative strategies and policies towards addressing the country’s recent challenges and multi-dimensional problems. The volume is structured around three main themes:
This unique and highly topical, multidisciplinary volume, will be of great interest to students and researchers in the areas of economics, political economy and contemporary US politics.
The Department of Economics at Kingston University invites applications for a full PhD Scholarship in the area of Post Keynesian economics and Political Economy under the supervision of Prof. Engelbert Stockhammer. The doctoral research will contribute to the INET-funded project: Rising Inequality as a Structural Cause of the Financial and Economic Crisis. The project investigates whether rising inequality has contributed to the macroeconomic imbalances that erupted in the present crisis, based on a Kaleckian macroeconomic model. It analyses empirically to what extent economies can be characterised as wage or profit-led and export or debt-led. The complementarity of export-led and debt-led growth regimes is analysed theoretically.
The successful candidate should have a good first degree and a postgraduate degree in economics or a related subject, be interested in econometric analysis and willing to engage with Post Keynesian models. The scholarship is £ 19,418 annually for three years, which covers fees (currently £4600 for EU citizens), and begins in Sept/Oct 2013.
The deadline for applications is 6 May 2013.
Applications, consisting of: a letter of motivation, a CV, an outline for a dissertation project, and the address of one academic referee, should be sent to firstname.lastname@example.org and to B.Sainz-Garcia@kingston.ac.uk. All applications will be considered for the PhD Scholarship and for admission in the PhD programme.
For Queries about the scholarship contact email@example.com.
More information on the application to the PhD program can be found here.
New Thinking in Economics in the Post-crisis Era
Ref: PROF-BUS-02-13 | website
High quality proposals are being sought in all fields of economics, with a priority given to topics on globalization, income distribution, employment, investment, development, gender, and crisis such as:
We seek proposals which have a comparative and pluralistic approach to the theoretical debates among the different schools of thought. Heterodox approaches, and a focus on alternative approaches to economic policy in the post-crisis environment are welcome. Proposals which bring the theoretical debates into empirical terrain, and illustrate the candidate’s familiarity with quantitative research methods and econometrics are also encouraged. Interdisciplinary approaches and a synthesis of quantitative and qualitative research methods are also welcome. Our research has a global emphasis, and proposals focusing on specific cases of developed or developing countries or transition economies are all encouraged.
The successful candidate will be based in the Work and Employment Research Unit and/or the Economic Development Resource Centre and will be expected to contribute to the dissemination of research findings in high quality publications and international research networks.
The successful candidate will receive a bursary for three years linked to RCUK Doctoral Stipend rate, currently £13590 per annum, plus a contribution towards tuition fees of up to the equivalent of the Home fee (currently £3885 pa), subject to performance.
Applicants must hold a First Class or Upper Second Class Honours Bachelor’s or Master’s degree (UK or UK equivalent) in a relevant discipline.
For further information please contact the supervisor: Professor Özlem Onaran, O.Onaran@greenwich.ac.uk.
For additional information about the studentship and links to the application form please go to here.
The application form should be completed and returned to: firstname.lastname@example.org and include: a research proposal, a comprehensive CV and a covering letter explaining your interest and how it relates to past experience and present motivations. Attachments should be in PDF or Word format.
The closing date for applications is noon on Friday 26 April 2013.
By Richard Wolff, Dollars & Sense, March/April 2013
Stephen A. Resnick was a leading American Marxian economist for over four decades—from the 1960s, when the struggle against the Vietnam War brought him to Marxism, until his death this January. His parents were Boston retail-trade workers whose son showed exceptional aptitude for reading and thinking. That took him to the Wharton School at Pennsylvania and on to MIT for his economics Ph.D., studying in the 1960s with future Nobel laureates Paul Samuelson and Robert Solow. His first job out of graduate school was as an assistant professor at Yale, where I met him as a grad student in his class. Steve was thus launched on the pampered elite track for docile exponents of mainstream economics, at that time a tense “synthesis” of neoclassical microeconomics and Keynesian macro. Young people from below, myself included, were allowed—a few at a time—onto such tracks. [Read the full article here]