From the Editor
As Editor of the
Newsletter combined with my peculiar
interests, I see a lot of interesting things
come across my computer screen. One is an
article in the Chronicle of Higher Education
(that is in the FYI Section) about the
University of Michigan Press ending a
distribution agreement with Pluto, a publisher
of radical books, some of which upset some
people in the United States. One reason given
for ending the agreement is that Pluto’s
standards for publishing books is below that of
UMP. From my advantage as a former book series
editor with UMP and a buyer of Pluto books is
that the scholarly quality of books published by
both presses are roughly the same. While
university presses like to tout the superior
quality of their products, they are not
generally any better or worse than the books
published by commercial and other non-university
presses that publish scholarly books. The only
real distinction I see between university and
commercial presses is that the former is very
slow in publishing books and the latter is more
apt to publish books by and of interest to
heterodox economists.
Another interesting item sent to me by John
Davis is a report on ‘Citation Statistics’
written by maths/stats people. The report
concludes that citation statistics are not a
reliable quantitative measure of quality
statistics, mathematics, and any other academic
discipline. Lastly, an accountant contacted me
about wanting to get in touch with heterodox
economists to talk about the relationship
between management accounting and heterodox
pricing/price theory and theory of the business
enterprise. If you are interested in engaging in
such a dialogue, check out the Queries from/for
Heterodox Economists Section.
One final note, at the 2009 ASSA Meetings the
Association for Social Economics will have a
very interesting plenary session on ‘Ethics and
Capitalism’ (ICAPE will be co-sponsoring the
plenary). In addition, the Meetings marks the
end of the year-long commemoration of the 40th
anniversary of URPE’s founding and will be
celebrated with two panels: one honoring the
late David Houston and another assessing the
work of activist groups that formed from or
parallel to URPE. The 2009 ASSA Meetings appear
to be very interesting for heterodox economists.
Fred Lee
In
this issue:
|
Call for Papers |
|
- ACES 2008
- Historical Materialism Annual Conference 2008
- Neuroeconomics: Hype or Hope?
- 2nd International Conference of the Buddhist Economic
Research Platform
- Theory and Evidence of Growth, Trade and Economic
Development
- Pluralism in Economics Education
- Scholarship and War: Ethics, Power and Knowledge
|
|
Conferences, Seminars and Lectures |
|
- VI INEM Conference
- Association for Social Economics- ASE Plenary Session
- URPE Summer Conference
- A Green Economics Conference
- Seminaire Arc 2
- Economics of Immigration & Migration
- Association for Heterodox Economics
- History of Economic Thought Society of Australia
|
|
Job Postings for Heterodox Economists |
|
- The Center for Economic and Policy
Research
- University of Crete (Greece)
|
|
Heterodox Conference Papers and
Reports and Articles |
|
- DESA Publications
- Globalization and Modernity: Beyond Definitions
- Risk concentrations in financial conglomerates by Andrew
Cornford
- Questionable timing for tighter GATS rules, liberalized
banking by Andrew Cornford
- Survey of Economic and Social Developments in the ESCWA
Region
- Recent Turmoil in Financial Markets – Sources and Systemic
Remedies
- Foreign Investment and Sustainable Development: Lessons
from the Americas
- A Brief History of the American Economic Association
- EFE Network Papers |
|
Heterodox Journals and Newsletters |
|
- Böckler Newsletter
- Levy News
- Metroeconomica
- Journal of Economic Methodology
- International Review of Applied Economics
- Economic Systems Research
- Review of Social Economy
|
|
Heterodox Books and Book Series |
|
- How to Read Marx's Capital
- Getting By in Postsocialist Romania
- Life as Surplus
- In Defence of Labour Market Institutions
- Poisoned for Pennies
- Introduction to Islamic Banking and Finance
- Le Fonctionnement des Economies de Marché, Microéconomie
et Macroéconomie de L'équilibre Général
|
|
Heterodox Book Reviews |
|
- The Cult of Statistical Significance
- George Soros, The New Paradigm for Financial Markets by
Gerry Gold
- Muslim Civilization: The Causes of Decline and the Need
for Reform |
|
Heterodox Websites and Blogs |
|
- Ideas into Action |
|
Queries from/for Heterodox Economists |
|
- Accounting Professor wants to talk
with Heterodox Economists |
|
For
Your Information |
|
- AIRLEAP
- The 2008 Daniel Singer Millennium Prize
- Reading Marx's Capital with Prof. David Harvey
- Scholarship and Copyright
- U. of Michigan Press Will Stop Distributing Titles for
'Radical' Publisher
- Citation Statistics
- Newton International Fellowships |
|
|
Call for Papers
ACES 2008
A Conference on Ecosystem Services
Using Science for Decision Making in Dynamic Systems
December 8-11, 2008 in Naples, Florida
Call for Abstracts
The conference will bring together government, non-government
organizations, academia, tribal, and private sector leaders to
advance the use of
ecosystem services and related science in conservation, restoration
resource management, and development decisions. The conference will
highlight
concepts and applications related to four primary themes:
- Mapping and Spatial Relationships: Spatial Relationships /
Analysis, Landscape Dynamics, Distribution of Benefits, Remote
Sensing, Data Management
Coordination, and Scale / Units of Assessment
- Values and Measurement: Economic, Ecological, Cultural, and
Indicators and Monitoring
- Drivers of Change: Urbanization / Population Growth, Climate
Change, Natural Hazards, Invasive Species, Non Urban Land-Use, and
Resource
Management
- Decision Making: Tools and Models, Institutions, Communities and
Stakeholders, and Barriers
For further information about the conference and submitting
abstracts go to:
http://www.conference.ifas.ufl.edu/aces/.
Historical
Materialism Annual Conference 2008
"Many Marxisms"
7-9 November 2008
School of Oriental and African Studies, Central London
Ever since its foundation in 1997, Historical Materialism has sought
to contribute to the intellectual recomposition of the global Left
by serving as an international venue for critical Marxist research.
The journal's initial wager - that Marxism remains a vital, and
heterogeneous political and theoretical tradition - has been borne
out in a conjuncture where Marxist thinkers have amply demonstrated
the critical resources at their disposal (witness recent debates on
imperialism and neoliberalism). Within the academy, the facile
dismissal of Marxism seems to have run out of steam, and the
attitudes of new generations of students and researchers have
changed accordingly. No longer simply forced to survive in hostile
conditions or to retreat into isolated academic subcultures, and
despite an often adverse global political context, Marxist
intellectuals, face new challenges, which this conference seeks to
address.
How can we develop the plurality of Marxist debates, fields and
schools without making concessions to eclecticism, narcissism or
compartmentalisation? How do we square the concrete multiplicity of
Marxisms with the strong commonalities in intellectual vocabularies,
theoretical sources and political aims? Hasn't the question of the
diversity of Marxism - of many Marxisms - accompanied the
tradition’s entire development, a testament both to its
internationalist horizon, and to the inexhaustible potential of its
many critical insights and conceptual formulations? What strategies
can allow us to confront, and perhaps overcome, some of the
disparities or even misunderstandings born of these processes of
differentiation? And how might we profit from them?
Having tried to foster a form of critical cosmopolitanism and debate
in past conferences, bringing together thinkers working in different
fields, and out of different traditions, this year's Historical
Materialism conference wants to emphasise problems and opportunities
raised by the existence of 'Many Marxisms'. To this end, it aims to
take stock of recent developments in Marxist thought, surveying the
most vibrant recent debates; to confront critical moments in the
historical development of Marxism; to identify crucial concepts and
areas of research than can cut across any preconceived academic
specialisation or geographical isolation of Marxism; to reflect on
the ways in which Marxism has and continues to intervene in
mainstream intellectual debates; and, finally, to generate a space
in which the outlines of the many twenty-first century Marxisms may
be delineated.
For more details, please contact:
historicalmaterialism@soas.ac.uk
Neuroeconomics: Hype or Hope?
Erasmus University Rotterdam, 20–22 November 2008 Hosted by EIPE
(Erasmus Institute for Philosophy and Economics)
After having operated as a separate science for decades, economics
is now opening up its boundaries to other disciplines. One such
discipline is cognitive neuroscience. The nascent field of
neuroeconomics is a booming business. Worldwide, more than a dozen
of new Centers for Neuroeconomics Studies equipped with high tech
brain scanners have been founded within the past few years. Several
papers on neuroeconomics already found their way into prestigious
academic journals such as Science and Nature. At the same time
neuroeconomics meets resistance among economists (as perhaps best
expressed in Gul and Pesendorfer's (2008) "The Case for Mindless
Economics"). Many economists and methodologists are skeptical about
the contribution neuroeconomics can make to economics. They question
the relevance of data about decision-making processes at the neural
level for addressing the sorts of questions economics is
traditionally interested in.
Is neuroeconomics a flimsy and fleeting hype in economics that is
overselling itself? Or is neuroeconomics here to stay, offering the
hope that economics will finally be transformed into a modern
science?
The Conference aims to offer a platform for discussing
methodological and philosophical issues raised by the advent of
neuroeconomics. More specifically, we invite paper submissions on
the following topics:
- What standards of scientific respectability and progress are
implied (or invoked) in the claim that neuroeconomics will finally
move economics into its proper standing of a modern science?
- What consequences does neuroeconomics have for the subject matter,
scope and method of economics?
- How do the different disciplines of economics and of cognitive
neuroscience relate to each other in neuroeconomics? Does the
relationship between economics on the one hand and cognitive (neuro)science
on the other need to be redefined?
- Do we first need to know how different levels of analysis (e.g. of
observable choice behavior, of its underlying computational
algorithms and of the neural "hardware" in which they are
implemented) relate to each other before we can tell how
neuroeconomic evidence and findings bear on economics? If so, what
levels are at stake and how are they related?
- What light can insights from contemporary philosophy of mind shed
on the topics raised here?
- How is neural activity in people related to the various
institutions in which they function? How can an improved
understanding of neural processes inform institutional analysis?
- What is the role and place of evolutionary theory in
neuroeconomics
Keynote Speakers*
- Ariel Rubinstein (Tel Aviv University, New York University)
- Paul J. Zak (Claremont Graduate University)
- Don Ross (University of Alabama Birmingham, University of Cape
Town)
- John Davis (University of Amsterdam, Marquette University)
- Uskali Mäki (University of Helsinki)
- Jack Vromen (Erasmus University Rotterdam)
- Francesco Guala (University of Exeter, San Raffaele University)
*Extended abstracts (2 pages) should be sent to
eipe-events@fwb.eur.nl
Deadline: 1 August 2008*
Scientific Committee:
Jack Vromen (Erasmus University Rotterdam) Caterina Marchionni
(Erasmus University Rotterdam) Julian Reiss (Erasmus University
Rotterdam) Frans van
Winden (University of Amsterdam)
For more information please visit our website:
http://www.eur.nl/fw/english/eipe/eipe_conferences/
2nd International Conference of the
Buddhist Economic Research Platform
Theory AND Practice.
Faculty of Management Science at Ubon Ratchathani University,
Thailand December 5-7, 2008.
It will be a three day conference and will feature, among a long
list of prominent people in the field of Buddhist economics,
presentations by Phra Payutto, author of Buddhist Economics – A
Middle Way for the Market Place; Ajarn Sulak Sivaraksa, preeminent
Thai scholar and Buddhist activist; Ajarn Apichai Puntasen, author
of the first recognized text book on Buddhist Economics; and Laszlo
Zsolnai, founder of the Buddhist Economic Platform. Please see the
website
http://Buddhist-Economics.info for details on the call for
papers, the tentative program, registration and travel and
accommodation details.
Theory and Evidence of Growth, Trade
and Economic Development
with Special Reference to Latin America
Organized by the School of Economics, Instituto Politécnico Nacional
(IPN), Mexico
Mexico City, September 8-9, 2008
The IPN is one of the two largest public educational institutions in
Mexico. The School of Economics conducts research in various fields
of economics and attracts the largest number of students in
economics in the country, offering undergraduate and postgraduate
courses, as well as doctoral programs. The conference is organized
with the support of COFAA (Comisión de Operación y Fomento de
Actividades Académicas) and aims at providing a forum, open to both
researchers and policymakers, to discuss and debate innovative
theoretical and empirical research on growth, trade and development.
Conference topics
Possible theoretical and empirical topics include, but are not
restricted to:
- Effects of trade and FDI on growth, poverty and inequality
- Human development
- Growth theory and applications
- Effects of human capital formation on growth and development
- Determinants of FDI
- Institution building
- Poverty and inequality
- Financial sector and growth
- Industrial development and growth
- Tourism, growth and development
- Sustainable development
Selection process and important dates
Those interested in participating should submit a draft paper in
English or Spanish. Please submit your proposal as PDF file by July
29, 2008 to either of the following emails:
gangeles@ipn.mx ,
hrios@ipn.mx ,
ebringas@ipn.mx . The
organizing committee will evaluate all proposals in terms of
originality, analytical rigor and policy relevance; the empirical
papers should preferably be oriented to the study of Latin America.
By August 5, 2008, the organizing committee will announce, via
email, the selected/rejected papers. The program and other
information on the conference will be emailed in due time. There is
no charge for the conference.
Possibilities for publication
A selection of papers will be considered for publication either in a
special issue of Panorama Económico
http://www.ese.ipn.mx/portal%20ese2_files/publikaciones/index2a.htm
subject to standard peer-reviewing procedure or in an edited book.
Conference venue
Escuela Superior de Economía, Av. Plan de Agua Prieta No. 66, Col.
Plutarco Elías Calles, Mexico, D.F., C.P. 11340, Mexico.
Tel.: +52 55 57296000, Ext. 46255, 62036. Fax: +52 55 53415749
http://www.ese.ipn.mx/index2.html
Accommodation
The IPN will offer single rooms at the rate of 30.00 USD per night,
for foreigners and non-local participants, in its temporary
accommodation centre for researchers. The centre offers comfortable
accommodation and is located 30 minutes away by car from the
conference venue. Alternatively, the following hotels are suggested:
Del Prado (10 minutes away by car from the conference venue)
http://www.hoteldelprado.com.mx/
El ejecutivo (15 minutes away by car from the conference venue)
http://www.hotelejecutivo.com.mx/
Organizing committee
Gerardo Angeles-Castro (IPN), Horacio Sánchez-Barcenas (IPN), Mario
Duran-Saldivar (IPN), Humberto Rios-Bolivar (IPN),
Francisco Venegas-Martínez (IPN), Ignacio Perrotini-Hernández
(UNAM), Efraín Bringas-Rábago
Pluralism in Economics Education
2nd call for papers - new deadline
The International Review of Economics Education (IREE) is publishing
a special issue on "pluralism in economics education: issues in
teaching and learning", to appear in November 2009.
IREE and the AHE, with support from the Royal Economic Society, are
holding a one-day workshop in October 2008 on "Pluralism in
economics: rethinking the teaching of economics".
The calls for papers for the journal and the workshop can be seen at
http://tinyurl.com/2v4qyv
and http://tinyurl.com/2s5ab7.
The deadlines for submission are:
- for the IREE/AHE workshop: abstracts by Friday, 1 August 2008; and
- for the IREE special issue: full papers by Friday, 28 November
2008.
Abstracts and papers should be sent by email to
a.denis@city.ac.uk.
This is a great opportunity for the AHE and heterodox economists of
all kinds to have their say on the teaching of economics. Please
consider submitting an abstract and attending the workshop, and
submitting a paper for the journal. Please also forward this message
to those likely to be interested in participating.
Abstracts must address the theme of the workshop and the issues
raised in the call for papers. I would be very happy to discuss your
proposal with you before the deadline to maximize the probability of
acceptance. This list would be a good place to try out, discuss and
develop your ideas on pluralism in the teaching of economics.
Scholarship and
War: Ethics, Power and Knowledge
It is generally accepted that the relationship between the academic
production of knowledge and the sphere of international relations
and political institutions can be characterized as a state of
reciprocal influence. But how is the connection between the world of
academic practices and power politics altered or radicalized in
times of war?
This special issue of the Cambridge <http://tandf.msgfocus.com/c/1qSd4TOXkOnuVyrQ>
Review of International Affairs (March 2010, 23:1) will critically
examine the role academic disciplines (in particular anthropology,
economics, history, international relations, law, and political
science) play in circumstances of war (by which we mean inter-state
conflict, internal insurgencies, conflicts caused by state
suppression, and cyber-warfare). We especially encourage the
submission of papers that address the following issues from
different disciplinary perspectives:
* Does a scholar have altered ethical responsibilities during war,
for instance a moral responsibility to express their view (pro or
con) in public fora, or to lobby public officials?
* What was the nature of historic relationships between scholarship
and war (such as German academics prior to WWI or American academics
during the Cold War) and how have these past relations shaped
contemporary research programs?
* How are discourses of particular academic disciplines assimilated
and deployed by the state during war?
* How has the notion of victory in war been reconfigured by
scholarship?
* What role have academic institutions historically played in
military training and what kind of academic support does the
military require during wartime?
* How have academic disciplines determined the course of conflicts?
The detailed schedule is as follows:
Submission of Abstract - 30th December 2008
Notification of acceptance - 30th January 2009
Submission of selected papers - 30th April 2009
Publication - March 2010
Please note that all articles will be subject to our peer review
process and that the Editors retain the discretion at all stages of
the publication process to accept or reject an article.
Abstracts should be about 600 to 800 words in length. We also look
forward to receiving suggestions about topical books to be reviewed.
Please email proposals by 30th December 2008 to the Editor-in-Chief
at criacis@hermes.cam.ac.uk
Top
Conferences, Seminars
and Lectures
VI INEM Conference
Universidad Nacional de Educacion a Distancia, Madrid, 12-13 Sept.
2008
Keynote Speakers: Roger Backhouse (University of Birmingham), Partha
Dasgupta (Cambridge University)
Plenary panel sessions on:
- Neuroeconomics, coordinated by Don Ross (U. of Alabama at
Birmingham & U. of Cape Town), with the participation of Mark Dean
(New York University), Benoit Hardy-Vallee (University of Toronto) &
Jack
Vromen (Erasmus University Rotterdam)
- Neoliberalism as Philosophy and Politics, coordinated by Philip
Mirowski (University of Notre Dame), with the participation of John
O'Neill (U. Manchester) & Dieter Plehwe (Social Science Research
Center
Berlin)
The preliminary program and registration form are now posted on:
http://www.urrutiaelejalde.org/inem2008.html
REGISTRATION FEES:
Until June 23rd: 60 EUR
After June 23rd: 100 EUR
Scientific Committee: Uskali Maki (Academy of Finland, Chair), Roger
Backhouse (U. Birmingham), D. Wade Hands (U. Puget Sound), Esther-Mirjam
Sent (U. Nijmegen), Bruce Caldwell (U. N. Carolina
Greensboro), Matthias Klaes (Keele U.), Jesus Zamora-Bonilla (UNED).
Organizing Committee: J. Francisco Alvarez (UNED), Miranda del
Corral (UNED), Juan Carlos Garcia-Bermejo (UAM, Chair), Maria
Jimenez Buedo (UNED), Julian Reiss (EIPE), David Teira (UNED), Juan
Urrutia
(UEF) Jesus Zamora-Bonilla (UNED, INEM representative)
INEM 2008 is immediately preceded by the VIII Winter Workshop on
Economics and Philosophy: Ethics, Justice, and Gender (speakers:
Diana Strassmann, co-ordinator; Alison Jaggar, Fabienne Peter,
Ingrid
Robeyns and Stephanie Seguino) on Sept. 11 and the morning of Sept.
12, also hosted by the Urrutia Elejalde Foundation.
http://www.urrutiaelejalde.org/WinterWorkshop/2008.html
The Iberoamerican Society for Economic Methodology will hold their
bi-annual session in Madrid on September 9-10.
http://www.urrutiaelejalde.org/varia/siame2008.html
The VI INEM conference is supported by:
Universidad Nacional de Educacion a Distancia (UNED) •
Vicerrectorado de Relaciones Internacionales • Dpto. de Logica,
Historia y Filosofia de la ciencia
Ministerio de ciencia e innovacion
• Programa de Acciones complementarias
Urrutia Elejalde Foundation
David Teira Serrano
Association for Social Economics- ASE
Plenary Session
2 JANUARY 2009
Title: Ethics and Capitalism
Co-sponsor: International Confederation of Associations for
Pluralism in Economics (ICAPE)
Presiding: Morris Altman, University of Saskatchewan, Canada
Deirdre McCloskey, University of Illinois, Chicago
Smith's Proposal: An Ethically Serious Capitalism
Discussants:
Herbert Gintis, Santa Fe Institute and Central European University
Nancy Folbre, University of Massachusetts-Amherst
URPE Summer
Conference
The annual Summer Conference of the Union for Radical Political
Economics ( www.urpe.org ) is
coming up in August!
We invite you to attend, and also to organize (or participate in) a
PRESENTATION/PANEL/WORKSHOP.
Please email Al Campbell at
al.campbell@utah.edu with an indication of what you would
like to present (and get feedback on).
Click
here for detailed information.
A Green Economics Conference
Civilisation: the first 10,000 years - an audit
Economics in an age of uncertainty and instability
Including special conference on:
Green Procurement and the Greening of Business.
Other streams include:
Carbon Reduction and Climate Change, Women and Poverty, Lower Growth
Economics, Biodiversity and Species Loss
Thursday 17 eve, all day, Friday 18 and Saturday 19 July 2008
Mansfield College
Oxford University, Oxford, UK
Seminaire Arc 2
ACCUMULATION, REGULATION, CROISSANCE ET CRISE
CEPREMAP - GERME (Paris VII) - IRISES (Paris IX)
CEPN (PARIS XIII) - MATISSE (PARIS I)
Lundi 30 juin (15h-19h)
Salle 6, Centre Panthéon
(Galerie Soufflot, Esc M, 2ième étage, côté Soufflot)
Accès :
http://www.univ-paris1.fr/universite/campus/article52.html
Finance et économie de la connaissance
Demi-journée organisée par Mouhoud El Mouhoub, Bernard Paulré et
Dominique Plihon
Fondements et dilemmes de l'économie de la connaissance
Lorenzo Cassi (Matisse-Isys, Université Paris 1) co-éditeur, avec
Lorenzo Zirulia, de Re/Combining Knowledge and Innovative
Activities, numéro spécial du European Journal of Economic and
Social Systems
(mai 2008)
Rapporteur : Didier Lebert, Université Paris 1
2- Capitalisme financier et capitalisme cognitif : deux visions
alternatives des mutations contemporaines du capitalisme
François Morin (Lereps, Université de Toulouse 1) auteur de Le mur
de l'argent, Ed. du Seuil (2007)
Rapporteur : F. Giacalone (Syndex) (à confirmer)
3- La co-évolution de la finance et de la connaissance dans le
capitalisme contemporain
Mouhoud El Mouhoub (Université Paris 9 Dauphine) et Dominique Plihon
(CEPN, Université Paris 13) auteurs de Le capitalisme à l’ère de la
finance et de la connaissance
Rapporteur : P. Petit
Gabriel Colletis (Lereps, Université de Toulouse 1) et Bernard
Paulré (Matisse-ISYS, Université Paris 1) éditeurs de Les nouveaux
horizons du capitalisme. Pouvoirs, valeurs et temps
Rapporteur : Olivier Weinstein (CEPN, Université Paris 13)
A partir de 18h 30 : Bilan de la session 2007-2008 du séminaire ARC
2 et projets avec les responsables du séminaire
Economics of Immigration & Migration
The Center for Popular Economics invites you to 28th Summer
Institute
July 26-August 2, 2008
Roosevelt University, Chicago, IL
Special Track:
Economics of Immigration & Migration
Co-sponsored by Chicago Jobs with Justice, ICIRR (Illinois Coalition
for Immigrant & Refugee Rights) and CAAAELII (Coalition of African,
Arab, Asian, European & Latino Immigrants of Illinois) and the
Department of Economics/Program in Social Justice Studies at
Roosevelt University
Learn how the economy works and
gain tools to make your activism more effective.
CPE's Summer Institute is a week-long intensive training in
economics for activists, educators, and anyone who wants a better
understanding of the economy. We focus on the how the economic
system impacts
our lives, communities and work every day. No background in
economics is required.
Core Classrooms At the heart of the Summer Institute program are two
core courses, one on the U.S. Economy, one on the International
Economy. All participants must choose one core course. The core
classes
meet each day in the mornings. Below is a sample of topics.
US Economy
- Intro to the economy
- Race, Class and Gender
- Labor and the workplace
- Macroeconomics: fiscal policy
- Macroeconomics: monetary policy & the Federal Reserve
- Introduction to international economics
- What's the alternative?
International Economy
- Brief history of the global economy
- Development policies & neoliberalism
- Trade
- Globalization of production
- International finance
- Gender and globalization
- What's the alternative?
Afternoon and evening events: In addition to the core courses is a
rich selection of speakers, panels, workshops, videos, discussion
groups and cultural events. All of these events are open to
participants of
both classes.
Special Track: Economics of Immigration and Migration
Each year we choose an issue area that we focus on in the workshops,
panels as well as in the core classrooms. This year's special track
is on the Economics of Immigration & Migration and will explore
questions
such as:
- What's the relationship between corporate led globalization and
migration?
- What's the impact of immigration on wages, jobs, state
expenditures, healthcare
- Economic dimensions of race, class, gender and immigration.
- What's the economic impact of border militarization
- What's the impact and potential of remittances to the home country
- How are women impacted differently?
For more information or registration form, please visit our website:
www.populareconomics.org
or contact us:
programs@populareconomics.org , phone (413) 545-0743
Association for Heterodox Economics
10th Anniversary Conference
Anglia Ruskin University, Cambridge, Wednesday 2nd-Sunday 6th July,
2008
Click here for AHE Conference
Schedule.
History of Economic
Thought Society of Australia
The HETSA Conference 2008: "The Study of the History of Economics:
What does the Future Hold?" is the 21st Conference of the History of
Economic Thought Society of Australia, to be held on the 9-11 July,
2008 sponsored by the University of Western Sydney (UWS),
Parramatta.
Location:
Rydges, Parramatta
Mezzanine Level, Kingston Suite
116 James Ruse Drive
Rosehill NSW 2142
9-11 July, 2008
www.hetsa2008.com
Conference Organized by:
School of Economics & Finance
University of Western Sydney
Contact: John Lodewijks
J.Lodewijks@uws.edu.au
Tel: 9685 9404
0414 017 346
http://www.hetsa2008.com/conference_program.html
Top
Job Postings for
Heterodox Economists
The Center for Economic and Policy
Research
Organization Description: The Center for Economic and Policy
Research (CEPR) was established in 1999 to promote democratic debate
on the most important economic and social issues that affect
people's lives. It is an independent, nonpartisan think tank based
in Washington, DC, conducting professional research and
disseminating it to the media, policy-makers, and advocates. CEPR's
Advisory Board of Economists includes Nobel Laureate economists
Robert Solow and Joseph Stiglitz; Richard Freeman, Professor of
Economics at Harvard University; and Eileen Appelbaum, Professor and
Director of the Center for Women and Work at Rutgers University.
Job Description: CEPR is seeking an economist, Ph.D. preferred. S/he
would perform economic analysis, write issue briefs, research
papers, and other publications on international economic issues,
including trade, globalization, and development, with a focus on
Latin America.
Responsibilities:
- Implementing and supervising economic research projects
- Writing original research papers, reports, and other publications
- Coordinating the work of research assistants
- Assisting with funding proposals and reports
- Serving as a spokesperson for CEPR with the media and in outreach
to the international policy community
Qualifications:
- The ideal candidate will possess most or all of the following
qualifications. However, CEPR will consider strong candidates whose
experience and capabilities are roughly equivalent.
- Advanced degree in economics or related field, preferably at the
Ph.D. level, or an equivalent combination of education and
experience
- Superior writing and analytic skills
- Ability to initiate and conduct research projects independently
- In-depth knowledge of contemporary economic issues affecting Latin
America, including trade, globalization, and regional integration
- Fluency in Spanish
- Compatibility with CEPR's perspective and commitment to social and
economic justice
Salary & Benefits: CEPR offers a competitive salary and an excellent
benefits package. This position will be represented by the
International Federation of Professional and Technical Engineers,
Local #70, AFL-CIO.
To Apply: Send resume, cover letter and salary requirements to
jobscepr2008 [at] cepr [dot] net. Please include "Economist" in the
subject line. NO TELEPHONE CALLS OR FAXES PLEASE. Due to the volume
of applicants, you may not receive a response. Applications may also
be mailed to: Economist Search Committee, CEPR, 1611 Connecticut
Ave. NW, Suite 400, Washington, DC. 20009
Closing Date of Position: This position will remain open until
filled.
University of Crete (Greece)
Assistant Professor/Lecturer in History of Economic Thought
Relevant link:
http://www.soc.uoc.gr/econ/index.php?newlang=ell
Department of Economics, Faculty of Social Sciences, University of
Crete, Rethymno 74100, Greece Telephone Number :+30 2831 0 77405 Fax
Number :+30 2831 0 77406
NOTE: This call is addressed only to native speakers or candidates
with a Level D Certificate of Attainment in Greek
JEL Classification(s): B
Application has to be received by 12. July 2008.
This job offer has been submitted by Emmanuel Petrakis.
Note: The use of any information from the Inomics database for
commercial purposes, especially the use of e-mail addresses for
advertising products or services, is expressly forbidden.
Top
Heterodox Conference Papers and Reports and Articles
DESA Publications
We are pleased to announce the release of two DESA publications:
"World Economic Situation and Prospects as of Mid-2008", and "Trends
in Sustainable Development 2008-2009" in May 2008, as well as the
June 2008 issue of DESA News.
In the wake of global financial turmoil, the mid-year update of the
World Economic Situation and Prospects 2008 (WESP 2008 mid-year
update) forecasts a deeper downturn in the global economy and warns
that in the absence of aggressive and coordinated expansionary
policies a more severe contraction will occur, which could trigger a
disorderly unwinding of the massive global imbalances and have
drastic implications for global trade and finance.
You can download the WESP 2008 mid-year update for free at:
http://www.un.org/esa/policy/wess/wesp.html
The report "Trends in Sustainable Development 2008-2009" finds that
efforts to reduce poverty and improve food security in developing
countries are hampered by declining support for strong agricultural
growth, long considered a hallmark of successful poverty reduction
strategies. Strong agricultural growth is four times more effective
than growth in other sectors in benefiting the poorest half of the
population.
You can download the report for free at:
http://www.un.org/esa/sustdev/publications/trends2008/
DESA News is an insider's look at the United Nations in the area of
economic and social development policy. The newsletter is produced
by the Communications and Information Management Service of the
United Nations Department of Economic and Social Affairs in
collaboration with DESA Divisions. Prior to January 2007, DESA News
was issued every other month. It is now issued monthly.
Tha latest DESA News Vol. 12, No. 06, June 2008 is available at:
http://www.un.org/esa/desa/desaNews/v12n06/pubs.html
Globalization and Modernity: Beyond
Definitions
by Miguel Angel Vite Pérez,
University of Alicante, Spain. Email:
miguelvite@yahoo.com
Click
here to download the paper.
Risk concentrations
in financial conglomerates by Andrew Cornford
Click
here to download the article.
Questionable timing for tighter GATS
rules, liberalized banking by Andrew Cornford
Click
here to download the article.
Survey of Economic and Social
Developments in the ESCWA Region
Kindly find attached ( 1,
2,
3) the
three previous issues of the summary of the SURVEY OF ECONOMIC AND
SOCIAL DEVELOPMENTS IN THE ESCWA REGION (This is the official
document presented to the Economic and Social Council about Western
Asia). The Survey comprises two parts, namely: a first part that
covers recent socio-economic developments; and a second part that
explores in depth a topical social and developmental issue. Within
the context of the latter, the thematic part has focused since 2005
on economic and social issues in line with development as a human
right, with the Millennium Development Goals (MDGs) as guiding
principles. Why so?
Because in this region we notice that:
- Average real per capita growth was highly volatile and more
dependent on oil than ever; it was over the 1980-2005 at negative
one to two percentage points.
- Regional unemployment now stands at a little over 14 percent
(official rate), twice the world rate.
- Income inequality measured by the GINI coefficient has steadily
risen also to reach the highest levels globally.
- All round human development has been weak. In the case of Egypt,
after 25 years of nearly six percent real GDP growth, a 15 percent
rise in the price of bread led to mass riots and exposed the
fragility of development. Indeed, income inequality measured but the
Gini coefficient was rising at the same time. A recent article notes
that Egypt is back to the 'two-percent economy' under King Farouk,
i.e. when two percent of the population owned most of the wealth.
The focus on rights is because rent economies do not produce
commensurate jobs for the population, and welfare can be
strengthened by redistribution measures. The region exported nearly
a trillion dollars outside since 2002 and what remained, i.e. most
investment went into real estate and poorly regulated equity
markets. There is, unlike elsewhere, a primacy of politics here and
pro-poor economic strategies have to be situated on the basis of the
right to development.
Insofar as macro policies are concerned, the idea of right to
development is based on the 1986 declaration and couched in it are
pro-poor policies. Meaning, first, mass poverty is the most
important problem facing the ESCWA countries, and its elimination
should be the main priority of their governments. it suggests that
poverty cannot be reduced to the inability to reach an arbitrary
level of income. Rather, insufficient income is one of the
implications of the structural inequalities constituting the
economic system in the countries in the region. It follows that the
solution to deeply ingrained problems of poverty and inequality is
primarily political, rather than economic. The second principle is
that pro poor growth must benefit the poor more than the rich;
growth is rights-based when it reduces relative as well as absolute
poverty. In this framework, economic policies are not selected in
order to maximize growth; reciprocally, equity is not an instrument
for the achievement of rapid growth. Although high growth can
facilitate the achievement of these outcomes, the type of growth is
at least as important as the rate of economic growth. In this
approach, GDP growth, inflation control, high investment, low public
debt and other conventional parameters of economic ‘success’ should
not be the most important objectives of government policy. Instead,
they should be seen as instruments for the elimination of mass
poverty and the achievement of secure, sustainable, equitable and
empowering human development. Third, improvements in distribution
and social welfare should be pursued directly. These improvements
should not be merely marginal or conditional on trickle-down
processes, and they must be unambiguous across a broad spectrum of
measures of welfare and distribution. Changes in the initial
distribution of income and wealth in the ESCWA region (for example,
through land reform, universal basic education and training and the
introduction of pensions and other entitlements funded by
progressive taxation) can promote several pro poor-based objectives
simultaneously in the countries in the region.
Recent Turmoil in Financial Markets –
Sources and Systemic Remedies
The new CASE E-Brief “Recent Turmoil in Financial Markets – Sources
and Systemic Remedies” is available at
http://www.case-research.eu/plik--20205120.pdf
Foreign Investment and Sustainable
Development: Lessons from the Americas
The report brings together analysis by Latin American economists of
the economic and environmental impacts of foreign investment in
Latin America during its period of economic reforms. The report
finds that Latin America received unprecedented amounts of foreign
investment during the reform period but such investment had a very
limited impact on economic growth and often accentuated
environmental degradation in the region. The report concludes with
policy recommendations to increase investment in a manner more
conducive to sustainable development.
To download the report and background papers see:
http://ase.tufts.edu/gdae/WorkingGroup_FDI.htm
To read, “When More is Less,” a policy report on the project’s
findings, see:
http://www.ase.tufts.edu/gdae/Pubs/rp/AmerProgFDIJun08.pdf
A Brief History of the American
Economic Association
by Michael A. Bernstein
Click
here to download the paper.
EFE Network Papers
1. Links to the presentations delivered during the "Employment
Opportunities and Public Employment Policy in Globalizing India"
conference.
The conference was organized by Dr. Pinaki Chakraborty and held at
CDS, Trivandrum, India, April 3-5, 2008. It consisted of discussions
regarding the evolution of employment in recent years in India,
evaluation of NREGA, and international experiences as well as new
proposals for public job creation. Several of our members were in
attendance and the final agenda, with links to papers or powerpoint
presentations, are available
here .
2. A consultancy announcement by the Poverty Group of the Bureau for
Development Policy, UNDP.
UNDP/BDP is currently inviting short (two-page) concept notes for
seven consultancies on topics that are of critical interest and
importance to our network's members: (a) furthering employment for
poverty reduction; (b) employment focus on scaling up of MDG's; and
(c) employment for poverty reduction diagnostic tools. Please note
that the deadline for submitting a concept note is July 2, 2008. The
full description for these consultancies is available
here.
Top
Heterodox Journals and
Newsletters
Böckler Newsletter
CONTENTS
A. CALL FOR PAPERS
B. CALL FOR STUDENTS
C. WORKING PAPERS
---
A. CALL FOR PAPERS
1. Conference: Whither Mainstream Economics ?
Call for Papers (Final Reminder)
The Research Network Macroeconomics and Macroeconomic Policies
organises its 12th conference on ‘Macroeconomic Policies on Shaky
Foundations – Whither Mainstream Economics?’, 31 October – 1
November 2008, in Berlin.
Mainstream economics seems to be changing. The homo economicus has
repeatedly been called into questions; many macroeconomic models are
not based on a market clearing equilibrium any more. How profound
are these changes in mainstream economics? What, if any, is the new
orthodoxy in macroeconomics? What are the implications for
Post-Keynesian macroeconomics? And how is the relationship between
these developments and macroeconomic policies? The 12th conference
of the Research Network will address these developments and
questions.
The submission of papers in the following areas is encouraged:
- Orthodoxy/Mainstream/Heterodoxy. Past and Present Developments
- Is there Common Ground for Heterodox Economics?
- What Can Macroeconomists Learn From Institutional, Experimental
and Post Walrasian Economics?
- Post-Keynesianism and the New Consensus Model
- Towards a Post-Keynesian Consensus?
- Monetary Policy under the Conditions of Ambiguous Theoretical
Grounds
- The Return of Discretionary Fiscal Policy?
For the open part of the conference the submission of papers on the
general subject of the Research Network is encouraged as well. We
also encourage the submission of papers for graduate student
sessions, on the specific subject of this conference or on the
general subject of the Research Network.
Conference language is English. Selected papers (in English or in
German) will be published after the conference.
Invited speakers include David Colander, John King, Hans-Michael
Trautwein, Bruno Amable, Philip Arestis, Marc Lavoie, Charles
Goodhart and Tom Palley.
The deadline for paper proposals is *30 June 2008*. Please send an
abstract (one page) to Torsten Niechoj
(mailto:torsten-niechoj@boeckler.de). Decisions will be made until
the end of July. Accepted papers should be sent in by 15 October to
be posted on the conference web page.
The Research Network is organised by Sebastian Dullien (FHTW
Berlin), Trevor Evans (FHW Berlin), Jochen Hartwig (KOF/ETH Zürich),
Eckhard Hein (IMK, Düsseldorf), Hansjörg Herr (FHW Berlin), Torsten
Niechoj (IMK, Düsseldorf), Jan Priewe (FHTW Berlin), Peter Spahn
(University of Hohenheim), Engelbert Stockhammer (WU Wien), Claus
Thomasberger (FHTW
Berlin) and Achim Truger (IMK, Düsseldorf) with financial support
from the Hans Böckler Foundation.
Call for Papers (PDF):
http://www.boeckler.de/pdf/v_2008_10_31_callforpaper.pdf
---
2. Conference: Theory and Evidence of Growth, Trade and Economic
Development
Organized by the School of Economics, Instituto Politécnico Nacional
(IPN), Mexico, Mexico City, September 8-9, 2008
Call for papers attached
<<CALL FOR PAPERS September 2008.pdf>>
---
B. CALL FOR STUDENTS
The FHTW Berlin (Berlin’s largest University of Applied Sciences) is
now inviting application for the next intake of our Master programme
in “International and Development Economics” (MIDE), starting on
April 1, 2009.
The programme is an 18-month full-time Master's degree programme in
"International and Development Economics" (MIDE), taught entirely in
English. Designed for students from developing and transition
countries as well as from Germany and other developed countries with
a special interest in the economic challenges facing "Third
World"-countries, the programme prepares students to work in areas
related to global economic affairs and development.
The MIDE programme has been established for students who have a
first degree in economics/business administration or in other social
sciences with a focus on economics. It is designed to enhance
understanding of development economics, the international economic
context in which socio-economic development takes place, and of key
sectors and policy areas that are relevant for developing countries,
with a particular focus on agriculture, financial institutions and
public enterprises. In order to understand the challenges of
formulating current development policies, the programme covers both
the principal theoretical debates as well as specific contemporary
examples of strategies, policies and projects.
MIDE has been accredited by the Foundation for International
Business Administration Accreditation (FIBAA).
Applications will be accepted until September 30, 2008. The MIDE
application form and further information is available on our web
page
www.mide.fhtw-berlin.de under "Prospective Students".
We are always looking for qualified applicants, and we would be
happy if you would forward the call for application to interested
and qualified students and also institutions/organisations.
Contact:
Prof. Dr. Sebastian Dullien
FHTW Berlin - University of Applied Sciences
Fachbereich 3 - Department of Economics I
Treskowallee 8
10313 Berlin
Germany
T +49-30-5019 2547 (office)
+49-30-6162 4885 (home)
---
C. WORKING PAPERS
van Treeck, Till Asymmetric income and wealth effects in a
non-linear error correction model of US consumer spending, IMK
Working Paper, 6/2008, Düsseldorf:
http://www.boeckler.de/pdf/p_imk_wp_06_2008.pdf
Palley, Thomas I.: Asset Price Bubbles and Monetary Policy: Why
Central Banks Have Been Wrong and What Should Be Done, IMK Working
Paper, 5/2008, Düsseldorf:
http://www.boeckler.de/pdf/p_imk_wp_05_2008.pdf
Palley, Thomas I. Financialization: What it is and Why it Matters,
IMK Working Paper, 4/2008, Düsseldorf:
http://www.boeckler.de/pdf/p_imk_wp_04_2008.pdf
Levy News
The Collapse of Monetarism and the Irrelevance of the New Monetary
Consensus Securitization
17th Annual Minsky Conference Proceedings
FEATURED SCHOLAR
Hyman P. Minsky
(1919–1996)
A Levy Institute distinguished scholar, Minsky spent much of his
career advancing the idea that financial systems are inherently
susceptible to bouts of speculation that, if they last long enough,
end in crises—an idea that earned him a reputation as a maverick.
Today, his views on the instability of financial markets are
reverberating around the globe, as economists and traders grapple
with the widening fallout from the crisis in the subprime mortgage
market.
PUBLICATIONS
Policy Note 2008/1
The Collapse of Monetarism and the Irrelevance of the New Monetary
Consensus
James K. Galbraith
Milton Friedman defined monetarism as the proposition that
“inflation is everywhere and always a monetary phenomenon.” This
meant that money and prices are tied together, money is a policy
variable, and free and unfettered markets are intrinsically stable.
According to Senior Scholar James K. Galbraith, Friedman and the
“new monetary consensus” are not only wrong but also irrelevant to
the problems faced by monetary policy today. Rather, the relevant
economics are associated with John Maynard Keynes, John Kenneth
Galbraith, and Hyman P. Minsky.
Galbraith observes that there was nothing in monetarism and the new
monetary consensus that anticipated the extraordinary financial
crisis that broke over the housing sector, the banking system, and
the world economy in August 2007. The danger today is that the
intrinsic flaws in the financial, corporate, and social structure
that, in combination with bad policy, caused the Great Depression
could again happen. Therefore, Federal Reserve Chairman Ben Bernanke
should acknowledge the instability of capitalism, the
irresponsibility of speculators, the necessity of regulation, and
the imperative of intervention.
Read complete text (pdf)
Policy Note 2008/2
Securitization
Hyman P. Minsky
Preface and Afterword by L. Randall Wray
“At the annual banking structure and competition conference of the
Federal Reserve Bank of Chicago in May 1987, the buzzword heard in
the corridors and used by many of the speakers was ‘that which can
be securitized, will be securitized.’” So notes Hyman Minsky in a
prescient memo on the nature and implications of securitization,
written 20 years before an explosion in the securitization of home
mortgages helped create the current financial crisis. This memo,
which served as the basis for a lecture in Minsky’s monetary theory
class at Washington University, has not been widely circulated. It
is published here in its entirety, with a preface and an afterword
by Senior Scholar L. Randall Wray that places Minsky’s work in
context.
Minsky argued that the New Deal reforms related to home finance had
been spurred by a common belief that short-term mortgages, typically
with large balloon payments, had contributed to the Great
Depression. Ironically, says Wray, the “innovations” in home
mortgage finance leading up to the speculative boom (including
securitization) have largely re-created those conditions. We might
justifiably wonder whether “It” (another debt deflation) could
happen again.
Read complete text (pdf)
See also:
Public Policy Brief No. 93,
Minsky’s Cushions of Safety: Systemic Risk and the Crisis in the
U.S. Subprime Mortgage Market, by Jan Kregel
Public Policy Brief No. 94,
Financial Markets Meltdown: What Can We Learn from Minsky? by L.
Randall Wray
Working Paper No. 530,
Changes in the U.S. Financial System and the Subprime Crisis, by
Jan Kregel
Conference Proceedings
17th Annual Hyman P. Minsky Conference
Credit, Markets, and the Real Economy: Is the Financial System
Working?
April 17–18, 2008
Given current economic events, there has been a lot of talk about
the “Minsky moment” in reference to the 2007 credit crunch. Hyman
Minsky was a distinguished scholar at the Levy Institute from 1990
to 1996 and the foremost expert on such crunches. At the Institute’s
annual conference named in his honor, top policymakers, economists,
and analysts from government, industry, and academia presented their
insights about the U.S. economy and the financial sector in the
context of Minsky’s economic theories.
Conference sessions focused on the historical precedent and
solutions to the mortgage market crisis, Minsky and the (financial)
crisis, the impact of the crisis on the economic outlook, and
financial market regulation-reregulation. Guest speakers included
Paul A. McCulley (PIMCO), Edward Chancellor (Grantham, Mayo, van
Otterloo, LLC), James K. Galbraith (Levy Institute and University of
Texas at Austin), Robert J. Barbera (ITG), and Maurice D. Hinchey
(U.S. House of Representatives, D-NY).
Participants discussed Minsky’s financial instability hypothesis and
the ability of monetary policy to stabilize financial markets and
the economy, as well as the role of the Fed and its ability to
function as a systemic lender of last resort. Speakers frequently
compared events in the 1930s (the New Deal era) with the present,
and they considered the prospect of another debt deflation rivaling
the Great Depression. They also examined today’s complex and fragile
financial system (e.g., the advent of securitization) and potential
solutions to the mortgage crisis. Other related topics included the
timing, cause, and length of recession; the nature and effectiveness
of proposed economic stimulus packages; regulatory failures and the
reformulation of policy; and the deleveraging process and potential
financial losses.
Metroeconomica
Volume 59, Issue 3, July 2008
http://www.blackwell-synergy.com/toc/meca/59/3?cookieSet=1
ARTICLES
EQUAL ORGANIC COMPOSITION OF CAPITAL AND REGULARITY
Edwin Burmeister
INCOMPLETE CONTRACTS
MODELLING
Liliana Basile and Raffaele Trani
RECONSIDERING THE
INVESTMENT PROFIT NEXUS IN FINANCE-LED ECONOMIES: AN ARDL-BASED
APPROACH
Till van Treeck
A POST-KEYNESIAN STOCK-FLOW
CONSISTENT MODEL FOR DYNAMIC ANALYSIS OF MONETARY POLICY SHOCK ON
BANKING BEHAVIOUR
Edwin Le Heron and Tarik Mouakil
A SIMPLIFIED, ‘BENCHMARK’,
STOCK-FLOW CONSISTENT POST-KEYNESIAN GROWTH MODEL
Claudio H. Dos Santos and Gennaro Zezza
IS THE NAIRU THEORY A
MONETARIST, NEW KEYNESIAN, POST KEYNESIAN OR A MARXIST THEORY?
Engelbert Stockhammer
MAURICE POTRON'S LINEAR
ECONOMIC MODEL: A DE FACTO PROOF OF ‘FUNDAMENTAL MARXIAN THEOREM’
Kenji Mori
A REFUTATION OF THE
COMMODITY EXPLOITATION THEOREM
Takao Fujimoto and Yukihiko Fujita
Journal of Economic
Methodology
Volume 15 Issue 2 is now available online at informaworld (
http://www.informaworld.com
).
This new issue contains the following articles:
The roles of stories in applying game theory, Pages 131 - 146
Authors: Till Grüne-Yanoff; Paul Schweinzer
Anger and economic rationality, Pages 147 - 167
Author: Daniel John Zizzo
Collective intention, social identity, and rational choice, Pages
169 - 184
Author: Jelle de Boer
BOOK REVIEWS, Pages 185 - 196
Author: Jelle de Boer
REVIEW SYMPOSIUM, Pages 197 - 231
Author: Jelle de Boer
International
Review of Applied Economics
Volume 22 Issue 4 is now available online at informaworld (
http://www.informaworld.com
).
Special Issue: The Governance and Regulation of the Firm
This new issue contains the following articles:
The governance and regulation of the firm
Authors: Michael Dietrich; Jackie Krafft; Jacques-Laurent Ravix
Corporate governance and the long-run investor
Author: Michel Aglietta
The shortcomings of the corporate standard: towards new enterprise
frameworks?
Authors: Blanche Segrestin; Armand Hatchuel
Modern corporate changes: reinstating the link between the nature,
boundaries and governance of the firm
Author: Cécile Cézanne-Sintès
Nature and governance of the firm: in search of an integrated
perspective
Author: Jacques-Laurent Ravix
The governance of localized knowledge externalities
Authors: Cristiano Antonelli; Pier Paolo Patrucco; Francesco
Quatraro
Governance transformations through regulations in the electricity
sector: the Dutch case
Authors: Albert Jolink; Eva Niesten
Conditions for effective disclosure in the regulation of franchising
Author: Elizabeth C. Spencer
Economic Systems
Research
Volume 20 Issue 2 is now available online at informaworld
( http://www.informaworld.com
).
Special Issue:China's Growing Pains
This new issue contains the following articles:
Editorial
Author: Erik Dietzenbacher
China's Growing Pains – Recent Input–Output Research in China on
China
Author: Christian Debresson
Yearly Grain Output Predictions in China 1980–2004
Authors: Xikang Chen; Ju-E Guo; Cuihong Yang
A Method to Optimize Gross Fixed Capital Investments for Water
Conservancy in China
Authors: Cuihong Yang; Xikang Chen; Jian Xu
Methods for Approximating the Shadow Price of Water in China
Authors: Xiuli Liu; Xikang Chen
Socioeconomic Impact Analysis of Yellow-dust Storms: An Approach and
Case Study for Beijing
Authors: Ning Ai; Karen R. Polenske
An Extended Input–Output Model on Education and the Shortfall of
Human Capital in China
Authors: Hongxia Zhang; Xikang Chen
A Multi-sector Nonlinear Dynamic Input–Output Model with Human
Capital
Author: Jin Shui Zhang
Obituary: Professor Christian DeBresson (1945–2007)
Author: Jin Shui Zhang
Review of Social
Economy
Volume 66 Issue 2 is now available online at informaworld
( http://www.informaworld.com
).
This new issue contains the following articles:
Editorial
Authors: Wilfred Dolfsma; Deborah M. Figart; Robert McMaster; Martha
Starr
The Black Worker, Economic Justice and the Speeches of Sadie T.M.
Alexander
Author: Nina Banks
Framing Obesity in Economic Theory and Policy
Author: Stefan Mann
Minimum Wages and the Wage Structure in Mexico
Authors: David Fairris; Gurleen Popli; Eduardo Zepeda
Uncertainty and Growth in Transition Economies
Authors: Andrej Sušjan; Tjaša Redek
Vicissitudes of Economics Imperialism
Author: Ben Fine
Book Reviews
Author: Ben Fine
Contributors
Author: Ben Fine
Top
Heterodox
Books and Book Series
How to Read
Marx's Capital
Stephen Shapiro
Pb: 9780745325613 - £12.99 / $28.95
Hb: 9780745325620 - £45.00 / $90.00
Das Capital Volume 1 is essential reading on many undergraduate
courses, but the structure and style of the book can be confusing
for students, leading them to abandon the text. This book is a clear
guide to Marx’s classic text, which explains the reasoning behind
the book’s structure and provides help with the more technical
aspects that non-economists may find taxing.
Students are urged to think for themselves and engage with Marx’s
powerful methods of argument and explanation. Shapiro shows that
Capital is key to understanding critical theory and cultural
production.
This highly focused book will prove invaluable to undergraduate
students of politics, cultural studies, and literary theory.
Stephen Shapiro lectures in the Department of English and
Comparative Literary Studies at the University of Warwick.
INSPECTION COPIES
If you are an academic based in the United States, please contact
our US distributor, UMP:
http://www.press.umich.edu:80/ordering.jsp#exam
If you are based in the UK, Europe or elsewhere (apart from the US)
please send the following details to
alecg@plutobooks.com:
- the course name
- the level of the course (level one, two, three or post-graduate)
- the start date of the course
- expected number of students on the course
- name of local (or university) bookshop
- full university address (this is where the book will be sent)
We need all these details to be able to be able to process a
request. Inspection copies are provided with an invoice that is
cancelled if the book is adopted for a course, or returned in a
resalable condition.
ORDERS
To place an order, visit our website at
www.plutobooks.com
Getting By in Postsocialist Romania
Labor, the Body, and Working-Class Culture
David A. Kideckel
A poignant portrayal of the price of postsocialist transition for
industrial workers
"David Kideckel challenges celebratory images of postsocialism by
focusing on the often neglected working class and allowing the
disenfranchised to speak for themselves. In so doing he provides a
contribution to the ethnography of eastern Europe that speaks
poignantly to broader discussions of work, class, and gender under
neoliberalism." —Gerald Creed, Hunter College and the Graduate
Center, City University of New York
This compelling ethnographic study describes how two groups of
Romanian industrial workers have fared since the end of socialism.
Once labor's elite, the celebrated coal miners of the Jiu Valley and
the chemical workers of the Făgăraş region had many social
privileges and often derived genuine satisfaction from their work.
Today, they are a rarely noted casualty of postsocialist
transformations. Fear, distance, and alienation are the physical
manifestations of stress experienced due to their precarious job
status, declining health, and loss of a social safety net. Kideckel
traces these issues in the context of labor, political
relationships, domestic and community life, gender identities, and
health. Drawing on more than three decades of fieldwork, he presents
many narratives from select individuals, in their own words,
providing a poignant and illuminating perspective on the everyday
lives of ordinary people.
David A. Kideckel is Professor of Anthropology at Central
Connecticut State University. He is author of The Solitude of
Collectivism: Romanian Villagers to the Revolution and Beyond and
has produced a video documentary focusing on Romania's Jiu Valley
coal miners, entitled Days of the Miners: Life and Death of a
Working Class Culture.
Series: New Anthropologies of Europe
Publication date: 2008
Format: paper 288 pages, 11 b&w photos, 2 maps, 6 1/8 x 9 1/4
ISBN-13: 978-0-253-21940-4
ISBN: 0-253-21940-X
PRICE: £13.99 PAPER
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Life as Surplus
Biotechnology and Capitalism in the Neoliberal Era
Melinda Cooper
Focusing on the period between the 1970s and the present, Life as
Surplus is a pointed and important study of the relationship between
politics, economics, science, and cultural values in the United
States today. Melinda Cooper demonstrates that the history of
biotechnology cannot be understood without taking into account the
simultaneous rise of neoliberalism as a political force and an
economic policy. From the development of recombinant DNA technology
in the 1970s to the second Bush administration's policies on stem
cell research, Cooper connects the utopian polemic of free-market
capitalism with growing internal contradictions of the
commercialized life sciences.
The biotech revolution relocated economic production at the genetic,
microbial, and cellular level. Taking as her point of departure the
assumption that life has been drawn into the circuits of value
creation, Cooper underscores the relations between scientific,
economic, political, and social practices. In penetrating analyses
of Reagan-era science policy, the militarization of the life
sciences, HIV politics, pharmaceutical imperialism, tissue
engineering, stem cell science, and the pro-life movement, the
author examines the speculative impulses that have animated the
growth of the bioeconomy.
At the very core of the new post-industrial economy is the
transformation of biological life into surplus value. Life as
Surplus offers a clear assessment of both the transformative,
therapeutic dimensions of the contemporary life sciences and the
violence, obligation, and debt servitude crystallizing around the
emerging bioeconomy.
Melinda Cooper is a research fellow with the Centre for Biomedicine
and Society, Kings College London.
Quotes:
"A book of topical timeliness and conceptual and political
importance. Cooper reads two terms-biopolitics and neoliberalism-in
exciting, exceptional ways, and provides an astute account of
contemporary American political culture." - Kaushik Sunder Rajan,
author of Biocapital: The Constitution of Postgenomic Life
Reviews:
"A fascinating study of speculative impulses that serve as the
foundation of increasingly commercialized life sciences." -Book News
CONTENTS
Introduction
1. Life Beyond the Limits: Inventing the Bioeconomy
2. On Pharmaceutical Empire: AIDS, Security, and Exorcism
3. Preempting Emergence: The Biological Turn in the War on Terror
Intermezzo
4. Contortions: Tissue Engineering and the Topological Body
5. Labors of Regeneration: Stem Cells and the Embryoid Bodies of
Capital
6. The Unborn Born Again: Neo-Imperialism, the Evangelical Right,
and the Culture of Life
UNIVERSITY OF WASHINGTON PRESS
June 2008
208 pages ISBN 978-0-295-98791-0
£13.99 PB
In Defence of Labour Market Institutions
In Defence of Labour Market Institutions: Cultivating Justice in the
Developing World Edited by: Janine Berg and David Kucera Published
by Palgrave-Macmillan and ILO.
http://www.palgrave.com/products/title.aspx?PID=281293
Description
In this age of globalization labour market institutions have been
blamed for the poor economic performance of many developing
countries. This book shows that the evidence on which this argument
rests is weak.
An interdisciplinary team of contributors utilize empirical data and
theoretical evidence to offer a greater understanding of why formal
labour market regulations and policies were implemented in
developing countries, and how informal values and norms also
influence the workings of the labour market.
The contribution also analyse the economic effect that these
institutions can have while shedding light on conceptual and
methodological questions that have plagued the debate.
This volume offers economic and social reasons for maintaining
certain policies and standards, differentiating between the needs
and challenges of countries with varying levels of income.
Reviews
'This is a timely volume on a critically important topic. Berg and
Kucera and their contributors challenge the conventional wisdom that
excessive labor market regulation retards growth and development,
and that developing countries in particular can ill afford the level
of such regulation that they have taken on.
Taken as a whole, the papers make a compelling case for skepticism
about this conventional wisdom. The volume provides a vital survey
of the state of regulatory institutions in the developing world and
the main empirical, theoretical, and normative arguments about the
alleged regulation/growth tradeoff.' - Professor Chris Tilly,
Department of Regional Economic and Social Development and Center
for Industrial Competitiveness, University of Massachusetts Lowell
Contents
Introduction; J.Berg & D.Kucera
Labour Institutions in Developing Countries: Historical and
Theoretical Perspectives; J.Berg & D.Kucera Measuring Labour Market
Institutions: Conceptual and methodological questions on 'working
hours rigidity'; S.Lee & D.McCann Training Institutions and the
Finance of General Skills Training: Evidence from Africa; I.Nübler
The Origins of Unemployment Insurance: Lessons for Developing
Countries; J.Berg & M.Salerno The Revival of Minimum Wage-Setting
Institutions; F.Eyraud & C.Saget What Can Labour Demand Functions
tell us about Employment? The Case of the Philippines; J.Felipe &
J.S.L.McCombie The Impact of Trade Unions: What do Economists Say?;
Z.Tzannatos Labour Standards and Informal Employment in Latin
America; R.Galli & D.Kucera Legal Determinants of Labour
Informality; J.L.Daza Pérez New Trends in Labour Law Reform in Latin
America: The Law, its Reform and its Impact in Practice; M.L.Vega
Ruíz
Poisoned for
Pennies
Island Press has just published Frank Ackerman’s new book, Poisoned
for Pennies: The Economics of Toxics and Precaution. It presents a
critique of cost-benefit analysis, describes an alternative,
precautionary approach to policy, and applies these ideas to case
studies of major environmental policy problems, many of them
involving toxic chemicals.
Click here for
detailed information.
Introduction to Islamic Banking and Finance
The Author - Brian Kettell M.Sc. (Econ)
What the Reviewers said
“Brian Kettell deserves the thanks of every practitioner of Islamic
Finance for he has brought his years of experience, in both
conventional finance and Islamic finance , to help explain the
fundamental points of convergence and divergence between Shariah
compliant finance and mainstream, interest-based finance. In doing
so, the book is direct and concise, with the result that readers
will easily comprehend the whys and the wherefores of this somewhat
different, challenging, and ultimately
rewarding approach to finance”. Shaykh Yusuf
Talal DeLorenzo. AAOIFI Sharia’a Board
Chief Sharia’a Officer and Board Member at Sharia’a Capital. Shaykh
Yusuf is a respected Sharia’a advisor and Islamic scholar. He serves
as a Sharia’a advisor to over 20 global financial entities,
including AAOIFI, index providers, banks, mutual funds, real estate
funds, leasing funds, institutional investors, home finance
providers and alternative asset managers.
“A valuable resource for all those who wish to be initiated into the
emerging domain of Islamic Banking and Finance”. Adnan Ahmed Yousif
President & Chief Executive, Albaraka Banking Group, Bahrain.
“An invaluable book for those seeking to know more about Islamic
banking. Comprehensive and detailed, the book is an excellent
first-read for banking professionals and others to understand where
Islamic banking comes from, what philosophies underlie it and the
major components of Sharia’a-compliant banking and finance.”
Joseph DiVanna
Editor of “The Banker: Top 500 Islamic Financial Institutions”;
Author, Islamic Banking: the Value Proposition that Transcends
Cultures, and Managing Director, Maris Strategies Limited.
Book Contents
Chapter 1. Muslim beliefs
Chapter 2. Sources of Sharia’a law: legal basis for Islamic banking
Chapter 3. Definition of Islamic banking
Chapter 4. Murabaha as a mode of Islamic finance
Chapter 5. Mudaraba as a mode of Islamic finance
Chapter 6. Musharaka as a mode of Islamic finance
Chapter 7. Ijara as a mode of Islamic finance
Chapter 8. Istisna’a as a mode of Islamic finance
Chapter 9. Salam as a mode of Islamic finance
Chapter 10. Takaful: Islamic insurance
Chapter 11. Sharia’a law and Sharia’a boards: roles, responsibility
and membership
Appendix 1. World’s 100 largest Islamic banks
Appendix 2. Top 500 Islamic Financial Institutions
Le Fonctionnement des Economies de Marché, Microéconomie et
Macroéconomie de L'équilibre Général
Les éditions De Boeck viennent de publier un petit livre écrit par
Angel Asensio (de l'ADEK) et intitulé "le fonctionnement des
économies de marché, microéconomie et macroéconomie de l'équilibre
général" (192 p, 10 €). C'est un ouvrage d'initiation, quoique sans
concession sur le plan analytique, qui présente les approches
orthodoxe et keynésienne de l'équilibre général, sans que la
deuxième apparaisse écrasée par la première (comme c'est
malheureusement devenu la norme), mais en mettant au contraire en
évidence la pertinence et l'actualité du cadre théorique keynésien.
Une courte présentation figure en pièce jointe (plus d'info sur le
site: <
http://universite.deboeck.com/livre/?GCOI=28011100500120&fa=description >).
Avec Angel, nous avons convenu de ne pas le mettre sur la liste des
livres proposés par l'ADEK lors de l'adhésion car il s'agit plus
d'un livre destinés aux étudiants. Par contre proposez le à vos
étudiants et mettez le en bibliographie. Si quelqu'un souhaite tout
de même le recevoir lors du renouvellement de son adhésion, indiquez
le moi et l'ADEK commandera les livres demandés.
Top
Heterodox Book Reviews
The Cult of Statistical Significance
Stephen T. Ziliak and Deirdre N. McCloskey, _The Cult of Statistical
Significance: How the Standard Error Costs Us Jobs, Justice, and
Lives_. Ann Arbor, MI: University of Michigan Press, 2008. xxiii +
287 pp. $25 (paperback), ISBN: 978-0-472-05007-9.
Reviewed for EH.NET by Philip R.P. Coelho, Department of Economics,
Ball State University.
Click
here for the review.
George Soros, The New Paradigm for
Financial Markets by Gerry Gold
http://www.aworldtowin.net/reviews/SorosParadigm.html Click
here to download the
review.
Muslim Civilization: The Causes of
Decline and the Need for Reform
M. Umer Chapra, _Muslim Civilization: The Causes of Decline and the
Need for Reform_. Leicestershire, UK: The Islamic Foundation, 2008.
xxii + 225 pp. £13 (paperback), ISBN: 978-0-86037-4619.
Review for EH.NET by Jared Rubin, Department of Economics,
California State University, Fullerton
Click here for
the review.
Top
Heterodox
Websites and Blogs
Ideas into Action
Institutional Action and Progress
Working Group on Extreme Inequality
IPS is coordinating the Working Group on Extreme Inequality, a new
convening of labor, business, religious and civic organizations
concerned about the growing concentration of wealth and power. The
Working Group has a new web portal -
www.extremeinequality.org
- for data, commentary and action campaigns and has just released
a new chartpack of inequality statistics. Visit the website for
constant updates on the growing wealth divide.
Top
Queries from/for
Heterodox Economists
Accounting Professor wants to talk with Heterodox Economists
Dr. Glenda Davis, a lecturer in accounting at the University of
Western Sydney, is engaged in research on the connection between
practical accounting which reflects and interacts with the real
world and economics which recognizes and incorporates reality into
its theories and models. Her field is accounting but she has some
grounding in economics and her belief is that an interdisciplinary
approach may provide depth and insight to the economics of the firm.
Dr. Davis would like to contact heterodox economists who are
interested in discussing the role of accounting in developing
theories of the firm/business enterprise. If you are interested in
contacting Dr. Davis, her e-mail address is
g.davis@uws.edu.au.
Top
For Your Information
Accumulation
through Crisis: Global Stagflation and the New Wars
High quality video files of the presentation are now available for
download in MPEG and AVI formats:
http://bnarchives.yorku.ca/250/
Nitzan, Jonathan. (2008). "Accumulation through Crisis: Global
Stagflation and the New Wars", Presentation at Harvard Law School as
part of a series of lectures on Confronting Empire: Five Years of
War in Iraq, 18 March.
AIRLEAP
AIRLEAP ( www.airleap.org ) is
offering Free Membership to anyone interested in helping us promote
integrity and responsible leadership in the economics profession.
The link is:
http://www.airleap.org/members.htm.
The 2008 Daniel
Singer Millennium Prize
Call for Submissions to The 2008 Daniel Singer Millennium Prize
The 2008 prize of $5,000 will be awarded for an essay of no more
than 5,000 words on the subject:
What recent event or political process that you participated in,
witnessed or studied has given you inspiration and confidence that
“a better world is possible,” and why do you think the fight for a
better world will succeed?
Submissions in English, French or Spanish should be sent to The
Daniel Singer Millennium Prize Foundation and must be received no
later than August 30.
Make a tax-deductible contribution to The Daniel Singer Millennium
Prize Foundation
P.O. Box 2371
El Cerrito, CA 94530
www.daniel singer.org
Frank Fried (President), Robert Capistrano (Secretary/Treasurer),
Percy Brazil (President,
2001-2006), Albert Ruben (Secretary/Treasurer 2001-2006), Adrian
DeWind (Emeritus),
Maurice Lazarus (1915-2004), Board members: Garrett Brown, John
DeWind, Barbara
Garson, Adam Hochschild, Victor Navasky, Edward Sadlowski, Jeanne
Singer, Suzi Weissman
Daniel Singer
Lives On…
Daniel Singer, author, lecturer and The Nation’s longtime Europe
correspondent, died in 2000. His unique voice for democratic
socialism lives on through the Daniel Singer Millennium Prize
Foundation. Essays developing ideas relevant to Daniel’s themes are
judged by an international panel of distinguished scholars and
activists. Winners are published in Monthly Review. Authors and
colleagues discuss the papers at the annual international Left Forum
conference. And so Daniel’s voice continues to resound. It mustn’t
die.
Reading Marx's
Capital with Prof. David Harvey
Lectures pertain to volume one:
http://davidharvey.org/
Scholarship and
Copyright
I want to draw the attention of the scholarly community to an
unfortunate recent episode concerning monograph publication of my
research on Adam Smith, in particular relation to the quotation of
text under copyright.
Many will be aware of the "fair dealing" provisions in relation to
quotation of text under copyright: when quotation of such texts
exceeds, either 400 words in a single quotation, or a total of 800
words in a series of distinct quotations from one source (any one of
which exceeds 300 words), then the permission of the copyright
holder is required in order for publication to proceed.
My forthcoming book on Adam Smith's political economy and the
prehistory of its fundamental concepts (The Science of Wealth: Adam
Smith and the Framing of Political Economy, Routledge, 2008)
exceeded the fair dealing provisions in respect of the Works and
Correspondence of Adam Smith (the "Glasgow Edition", 6 vols.,
Oxford: Clarendon, 1976--1983).
I should add immediately that my book in large part involves
exhaustive scrutiny of the use of key terms in Smith's texts -- for
example, "nature", "scarcity", "capital". Such an exercise is
enabled by recourse to the CD-ROM of the Glasgow Edition (The
Glasgow Edition of the Works and Correspondence of Adam Smith, with
Supplementary Texts, Charlottesville, VA: Intelex Corporation, 2002;
Past Masters: Humanities Databases, Full Text Scholarly Editions).
Such tracing of word uses is itself a "wordy" business, so that in
total, 24,000 words of Smith are quoted from the Glasgow Edition in
my book. My book is itself just over 200,000 words.
This is of course a large quantity of words quoted. But I must also
emphasize, as I did in my letter of request to the copyright holder
(Oxford University Press), that the quotations are entirely in the
manner of normal scholarly quotation in an academic book -- albeit
on a large scale, due to the intensive textual analysis involved.
The single largest quote is 381 words; only four quotations exceed
300 words; a further sixteen quotations are between 200 and 300
words.
I was therefore astounded when OUP replied to my request, indicating
they would grant me permission to so quote the Glasgow Edition, but
charge a "permission fee" of UK950.00 (pounds sterling). [I add a
parenthetical point of information here: strangely, this fee was
decomposed into UK650.00 for the Wealth of Nations, UK200.00 for the
Lectures on Jurisprudence and UK100.00 for the Correspondence; for
the other three volumes (hence, including The Theory of Moral
Sentiments), "free permission" was granted. Why this distinction, I
have no idea.]
I had no choice but to pay it. It is true that I could have
abandoned use of the Glasgow Edition and transformed all my Smith
quotations into quotations from earlier out-of-copyright editions of
Smith. Almost needless to say, this would have been an
extraordinarily large labour -- much "costlier" than UK950.00.
Furthermore, it would have been very user-unfriendly for readers,
that I was then not using the definitive edition of Smith's works.
For these kinds of scholarly purposes, OUP in effect "owns" Adam
Smith these days.
As a further sad side issue to this episode, the five years of
research I undertook for this book were part funded by a grant of
over AU$250,000 from the Australian Research Council (the government
grant-funding authority for support of academic research in
Australia). The OUP fee was just over AU$2,000 in Australian
dollars. The ARC prohibits its grants from being used to fund the
"production costs" of books, which is fair enough. I argued to them
that the OUP permission fee was a cost of acquiring research
materials essential to the communication of the research to
scholarly communities. The ARC ruled that it was a book production
cost and would not allow me to pay it from their funds. (Happily, my
own university came to the rescue on that.)
To say that I was disgusted by all this would be an understatement.
I have never heard of such a thing happening before, and that was
also the kind of reaction I had from colleagues with whom I
discussed the matter.
What is going on? It is possible that the OUP demand was unusual,
reflecting the unusually large quantity of words I was seeking to
quote. (They offered no explanation of their policy whatsoever.)
Alternatively, it is possible that it reflects a more general policy
development, in which university and other Presses are taking a
rather more commercial -- one might even be tempted to say,
"mercenary" -- approach to their management of their intellectual
property assets. If the latter is the case, it hardly needs to be
said that it would be a disturbing development from the point of
view of scholarly communities, particularly those that are at all
significantly engaged in textual analysis.
I would be interested to know if my experience with OUP is indeed
unusual, or whether others are being asked to make such permissions
payments - whether by OUP or other Presses.
Tony Aspromourgos
T.Aspromourgos@econ.usyd.edu.au
U. of Michigan
Press Will Stop Distributing Titles for 'Radical' Publisher
By JENNIFER HOWARD
The University of Michigan Press is ending its controversial
relationship with Pluto Press at the end of this year. As of
December 31, it will no longer distribute titles for Pluto Press, a
London-based independent publisher. Pluto counts Noam Chomsky among
its authors and espouses what it calls a "radical political agenda."
The Michigan press took fire last year for one of Pluto's books,
Overcoming Zionism, by Joel Kovel, a professor of social studies at
Bard College. The pro-Israel lobbying group StandWithUs spearheaded
a vocal protest, attacking the book as "a polemic against Israel"
and a "collection of propaganda, misquotes, and discredited news
stories."
On its Web site, StandWithUs wrote that "hundreds of anti-West,
anti-American and anti-Israel propaganda texts reach us exclusively
via University of Michigan Press."
The unwelcome attention led the university to take the unusual step
of drafting guidelines to govern its press's distribution and
marketing agreements. The guidelines, announced in January, state
that the press may consider entering into partnerships "with other
scholarly publishers whose mission is aligned with the mission of
the UM Press and whose academic standards and processes of peer
review are reasonably similar."
Re-examining Relationships
The guidelines direct the press's director and executive board to
review proposed distribution agreements to make sure they fit those
criteria. Pluto Press's peer-review process, which involves sending
book proposals but not completed manuscripts out to reviewers,
apparently did not.
Few university presses maintain formal guidelines for such
distribution and marketing agreements, treating them more as
business deals than as intellectual partnerships (The
Chronicle, December 7).
The controversy over Pluto caused the university and the press's
board to re-examine those relationships. "Distribution clients are
money-making arrangements, but we wanted the profit-making
arrangements to conform to our values," said Peggy S. McCracken, a
professor of French and women's studies who also serves as the
board's chair.
Ms. McCracken described the decision as a matter of academic
standards, not academic freedom. "Certainly the free and open
exchange of ideas is the foundation of everything we do at the
University of Michigan," she said. Books published by the university
press represent "a standard of scholarly rigor," she added. "It's
our review procedures that guarantee that that is true."
Philip Pochoda, the Michigan press's director, declined to comment
on Tuesday on the severing of ties with Pluto. But Kelly Cunningham,
director of the university's office of public affairs and media
relations, confirmed that the distribution agreement had been
terminated, effective December 31.
The press's board reached the decision "after careful examination,"
she told The Chronicle. In an e-mail message, Ms. Cunningham said
the board had "determined that the Pluto Press mission and
procedures are not reasonably similar to UM Press as specified by
the guidelines and therefore do not meet the requirements to
continue as a distribution client."
The press also has distribution agreements with the American Academy
in Rome and two of the university's scholarly centers. Those
agreements were vetted by the board and were found satisfactory, Ms.
Cunningham said.
Limitations of a Small Press
The impending breakup did not come as a shock to Pluto Press,
according to its chairman, Roger van Zwanenberg. The Israel lobby
"didn't like the book," he said. "They are unremitting, and the end
result is that we're more trouble than we're worth."
Pluto sends every proposal out to half-a-dozen scholars in the
relevant field. But small commercial presses like his cannot afford
to do the kind of peer review done at subsidized university presses,
Mr. van Zwanenberg said.
Were the new guidelines crafted so as to disqualify Pluto? No one
has said so publicly. But as Mr. van Zwanenberg sees it, "The hoops
that the University of Michigan Press created were only for
university presses."
Although he expected the news, the chairman expressed disappointment
with how the Michigan press handled the controversy. "They should
have defended us much more than they have done," he said. "But we're
very small, and they're very large, and there are many interests
involved which make principle very difficult to carry out."
"For a tiny overseas publisher to have this sort of effect in the
United States is quite astonishing," he said, "and it reflects
powerful forces who are deeply antagonistic to free speech when it
comes to issues around Israel and Palestine."
Citation Statistics
The Joint Committee on Quantitative Assessment of Research
representing the International Mathematical Union (IMU), the
International Council of Industrial and Applied Mathematics (ICIAM),
and the Institute of Mathematical Statistics (IMS) has just released
a report on the use of citation statistics in scientific research.
The report concludes that the belief that citation statistics are
accurate measures of scholarly performance is unfounded, that use of
such statistics is often highly subjective, and that "sole reliance
on citation data provides at best an incomplete and often shallow
understanding of research." In addition, the report concludes that
"the validity of statistics such as the impact factor and h-index is
neither well understood nor well studied."
Given the increasing reliance on the impact factor measures in
economics for evaluation of scholarly research, this report should
be of interest for all individuals in the field whose research is
evaluated in this manner. The report is available at:
http://www.mathunion.org/fileadmin/IMU/Report/CitationStatistics.pdf
Newton
International Fellowships
A new multi-million pound initiative to fund research collaborations
and improve links between UK and overseas researchers has been
launched.
The Newton International Fellowships aim to attract the most
promising, early stage, post-doctoral researchers working overseas,
who do not hold UK citizenship, in the fields of humanities,
engineering, natural and social sciences.
The scheme provides funding to successful candidates for up to 2
years to work with research groups at a UK research Institution and
to establish long term international collaborations.
The Fellowships, and the linked alumni association, are an
initiative of the UK's leading research academies - the British
Academy, The Royal Academy of Engineering and the Royal Society -
and Research Councils UK (RCUK).
The funding will be distributed in the form of 50 research
fellowships per round of applications. Successful candidates will
receive an annual subsistence of £24,000, up to £8,000 for research
expenses, and a one-off
payment of £2,000 for relocation.
It is hoped that the collaborations and links formed during the
course of the fellowship will continue to benefit Newton Fellows
throughout their careers. To facilitate this, former Fellows will be
eligible for follow-on funding of up to £6,000 per year, for up to
ten years, to help develop lasting international networks with the
UK.
Former Newton Fellows will also become members of the UK
International Fellowship Association managed by RCUK, which aims to
build a network of overseas researchers, help them maintain contact
with the UK and provide networking opportunities to encourage new
collaborations.
Applications for Newton International Fellowships are invited for
Fellowships starting in 2009. The deadline for applications is
Monday 4 August 2008.
For more information on the Newton International Fellowship Scheme
please go to
www.newtonfellowships.org or email any enquiries to
info@newtonfellowships.org.
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