Issue 71: October 30 , 2008

In this issue:

Call for Papers

Neo-Schumpeterian Economics 09: An Agenda for the 21st Century

Call for Papers

The next conference entitled “Neo-Schumpeterian Economics 09: An Agenda for the 21st Century” will take place from June 10th to June 12th, 2009, in Trešt. It will jointly be organized by the J.A. Schumpeter Endowment Fund, by the Community of Trešt, and by some scholars of Schumpeterian Economics. The venues of the conference will be Trešt Castle ! Hotel and J.A. Schumpeter’s birth house. Trešt can easily be reached from Prague by bus.

The focus of this follow-up conference will again be the investigation of the significance of Neo-Schumpeterian Economics as a guideline for contemporary economic policy and its challenges. The deadline for paper submission is April 15th, 2009. If only an abstract was submit-ted, the full paper should be submitted by May 1st. You will be notified by May 11th, 2009, of acceptance of your paper. The deadline for registration is May 25th, 2009. Your paper will be entered into the conference program only if you registered within the deadline of registration.

For further information consult the webpage of the conference:
www.schumpeterconference09.cz

Program Committee
Riccardo Faucci, University of Pisa, Italy
Horst Hanusch, University of ! Augsburg, Germany (program co-chair)
Heinz Kurz, ! Universi ty of Graz, Austria (program co-chair)
Thomas K. McCraw, Harvard University, USA
J. Stanley Metcalfe, University of Manchester, United Kingdom
John E. Roemer, Yale University, USA
Christian Seidl, University of Kiel, Germany (program co-chair)
Kiichiro Yagi, Kyoto University, Japan

Sustainable Development: What is at stake for the South?

University of Bordeaux, France
June 10-12, 2009
The GRES is organizing his 3rd development conference which will be held in Bordeaux (France) on June 10-12, 2009. The conference theme is:
"Sustainable development: What is at stake for the South?" Please find attached the call for papers. For more informations, we invite you to visit the website of the conference: http://beagle.u-bordeaux4.fr/jourdev/. 

Les Suds confrontés au développement soutenable

Université Montesquieu-Bordeaux IV
10-12 juin 2009
Le Gres organise ses 3èmes journées du développement. Celles-ci se tiendront à Bordeaux du 10 au 12 juin 2009. Le thème de la conférence est: "Les Suds confrontés au développement soutenable". Vous trouverez ci-dessous l'appel à communications que vous avez tout loisir de diffuser dans vos réseaux. Pour plus d'informations, nous vous invitons à visiter le site de la conférence: http://beagle.u-bordeaux4.fr/jourdev/.

CHORD Workshop and Call for Papers

Retailing History: Texts and Images

29 April 2009

CHORD invites participants to a workshop devoted to a discussion of the nature of the texts and images associated with retailing and retailers, including commercial images, artistic and literary representations, photographs and postcards, the printed word and the visual arts. Proposals are invited from any disciplinary perspective and focusing on any historical period. Topics of interest include, but are not limited to:

- Photography and visual representations
- Slogans, catch-phrases and branding
- Retailing and the visual arts
- Advertising and promotional material
- Literary, biographical and autobiographical representations
- Retailing, nostalgia and the heritage industry
- Print and press representations, self-presentation and advice

The workshop will be held at: the University of Wolverhampton, UK

Please send proposals (including title and c. 200 words abstract) preferably by e-mail, to the address below by 6 February 2009.

Fee: £ 14. For further information, please contact Dr Laura Ugolini, HAGRI / HLSS, Room MC233, University of Wolverhampton, Wolverhampton, WV1 1SB, UK. E-mail: L.Ugolini@wlv.ac.uk

Workshop web-page: http://home.wlv.ac.uk/~in6086/texts.html

CHORD web-page: http://home.wlv.ac.uk/~in6086/chord.html

International Conference on: Paper Money in Theory and Practice in History

To be held at Barnard College, Columbia University, New York, April 17 - 19, 2009

Introduction
Monetary systems based on paper money are standard in most parts of the world today. Yet despite its prevalence, economic theory has not succeeded in providing an explanation for the emergence and continued acceptance of paper money.

While the existence of paper money, credit money, and fiat money systems have not been at the center of modern economic research, there is a long history of prominent thinkers who carefully theorized the emergence and dynamics of such monetary systems. In Europe, thinkers like John Law, Richard Cantillon, David Hume, and Henry Thornton developed elaborate theoretical frameworks, while in the American colonies, Benjamin Franklin famously explored the use of paper money. In addition to the western tradition of using and thinking about paper money, the Chinese economy was based on paper money for many centuries.

The fact that paper money existed in so many different economies and political systems, suggests that a comparative approach to the theory and practice of paper money might be advantageous.

By exploring the common features of various paper money systems, the aim of this conference is to provide a deeper understanding of the nature, function, and dynamics of fiduciary coins, paper money, credit money, and fiat money.

Questions
Questions can be divided into three interlinked categories: 1) Theoretical - such as how is paper money defined, how does paper money differ from what is regarded as "real" or "proper" money (defined as carrying an "intrinsic value"), how is paper money endowed with value, what makes paper money accepted in transactions, and more broadly how do money in general and paper money in particular affect the economy (inflation, balance of trade etc) according to these theories.

2) Practical: What was used as paper money; why was paper money used; who issued paper money, on what basis were money emitted, and again what made paper money accepted in transactions, and how did money in general and paper money in particular affect the economy (inflation, balance of trade etc)?

3) How did practice and theory relate to each other?

Application Deadlines
To apply please send your abstract (not exceeding 500 words) to any of the members of the organizing committee by e-mail no later than December 15, 2008.

Notification of acceptance will be sent out before January 15, 2009. We expect a full conference paper to be submitted no later than March 30, 2009.

Organizing Committee
Anders Ögren
EHFF Stockholm School of Economics and EconomiX Université de Paris X Nanterre
E-mail: anders.ogren@hhs.se

David F. Weiman
Department of Economics, Barnard College, Columbia University
E-mail: dweiman@barnard.edu

Carl Wennerlind
Department of History, Barnard College, Columbia University
E-mail: cwennerl@barnard.edu

Journal of Innovation Economics

Call for papers
Topic:
Innovation, Growth and Sustainable Development
Editors of this Issue of JIE
Faridah Djellal: farida.djellal@univ-lille1.fr
Dimitri Uzunidis: uzunidis@univ-littoral.fr

The Fourth WAPE Forum

The Fourth WAPE Forum, “Nation, State, and Democratic Governance of the Global Economy and Politics”, will be hosted by Gabriel Peri Foundation on May 28-29, 2009 in Paris, France, and will announce the annual award of “Top Ten Academic Achievements of World Marxist Economics”. Click here to download the flyer.

"Crisis, Contradiction, Contestation: Postwar Economy and Culture"

The Interdisciplinary Marxism Working Group at UC Berkeley invites graduate students and independent scholars in the humanities and social sciences to submit proposals for a conference, taking place on Friday March 6 and Saturday March 7, 2009 at UC Berkeley, on economy and culture in the post-WW2 era.

Recent crises in global capitalism have functioned, as crises often do, to reveal the historical contours of the present, providing new opportunities to read history against the grain. This call for papers proposes that as our economies enter a period of potentially profound structural transformation, it is all the more necessary to examine the relationship between the economic mode of production and cultural and social forms.

For this conference, we seek work that brings together analysis of the modes of economic accumulation which have characterized the last 60 years—their actors, institutions, histories, and structures—with analysis of the forms of subjectivity, ideology, culture, and resistance they have produced and been produced from. How have attempts within sociology, geography, political science, and history to explain the economic transformations of the 70s influenced accounts of cultural forms before and after this shift? Where do considerations of the novel, of poetry, of film, of visual art, and of architecture stand in relation to broader economic and political histories? How does work in sociology, cultural studies, and anthropology on the collectivities and cultures of economic production—from day traders to migrant workers—negotiate the relationship between subject and structure? How can analysis of economic processes like risk management, collateralization, foreign and consumer debt structuring, privatization, and data collection give us access to related transformations in national security, war, and neoimperialism? What has been the social or cultural effect of new forms of labor, including not only new modes of "immaterial" knowledge work but also the labor being done in sweatshops and maquiladoras? Other potential topics of interest include, but are not limited to, the following: cultural globalization and uneven development; anti-capitalist social movements; experiments with value in literature and the arts; the management, exploitation, or creation of risk; other capitals (cultural, social) or other economies (symbolic, affective, libidinal, spectacular); financialization and culture; class contradiction and conflict in literature and the arts; technological transformations in economy and culture; race, gender, or sexuality and the economic.

We hope this conference will provide an opportunity for dialogue between all participants of the sort often not possible at larger conferences. As such, we will not schedule panels concurrently, and request that papers presented not exceed 20 minutes so that each panel is followed by ample time for Q&A. All panels and events will be free and open to the public and accepted participants are expected to attend as many panels as possible to enable a sustained conversation over the 2 days of the conference. On Friday, March 6th we will feature a keynote presentation by New York University Professor of Art and Public Policy Randy Martin, whose most recent books include The Financialization of Daily Life and An Empire of Indifference: American War and the Financial Logic of Risk Management, searingly critical and engaged interdisciplinary accounts of how life is lived, war fought, and ideology sustained within a financialized present.

Paper proposals should be no more than 600 words (1-2 pages double spaced) and should be accompanied by a brief cover letter—this letter may (where applicable) describe any larger project from which the proposed paper emerges, list other conferences or symposia in which the submitter has participated, and should provide contact information. Proposals and cover letters should be submitted via email to imwgconference@gmail.com as attached documents by Monday, December 1st and all accepted presenters will receive their invitations to participate no later than January 1st. This conference is intended to be primarily an opportunity for graduate students to present their work, but postdoctoral and early-stage independent scholars are welcome to submit proposals as well. One or two meals will be provided by conference organizers and if housing costs are aprohibitive burden, arrangements for housing with local participants can potentially be arranged.

This event is organized by the Interdisciplinary Marxism Working Group, a group which has, for the last ten years, provided an opportunity for graduate students, faculty, and others to read and discuss together works of both classical and contemporary Marxism and to frame those conversations around interdisciplinary—historical, structural, and theoretical—concerns. The conference is additionally funded by the Doreen B. Townsend Center for the Humanities and affiliated departments and groups across UC Berkeley.

Deadline for proposals: Monday, December 1st
Email address for proposal submission: imwgconference@gmail.com
Conference date: Friday March 6-Saturday March 7, 2009
Contacts for conference co-organizers: Jasper Bernes ( bernes@berkeley.edu ) & Annie McClanahan ( ajmcc@berkeley.edu )

Conference: DER KEYNES GESELLSCHAFT (mit aktualisiertem Rahmenthema)

Die Keynes Gesellschaft e.V. ( www.Keynes-Gesellschaft.de ) veranstaltet am 16. und 17. Februar 2009 in Wien ihre vierte wissenschaftliche Jahrestagung. Das Rahmenthema der Tagung lautet: Aktuelle Finanzkrise und andauernde Herausforderungen für die Europäische Währungsunion und andere Währungsräume.
Entsprechend den Zielen, die sich die Keynes-Gesellschaft gesetzt hat, sind auch Referate erwünscht, die sich mit den Bemühungen von Keynes um die Lösung dieser Probleme beschäftigen.
Der Vorstand (Prof. Dr. Jürgen Kromphardt, Prof. Dr. Hagemann und PD Dr. Gustav A. Horn) lädt Mitglieder und Nichtmitglieder ein, auf dieser Tagung ein Referat zu übernehmen.
Die Keynes-Gesellschaft plant, nach der Tagung einen Tagungsband herauszugeben, der im Metropolis-Verlag erscheinen soll. Sie bittet daher alle Referenten, nach der Tagung eine schriftliche Version einzureichen, die die wichtigsten Aspekte der Diskussion auf der Tagung berücksichtigt.
Die Keynes-Gesellschaft bittet alle Interessierten, den geplanten Titel ihres Referats und eine kurze Inhaltsskizze (Abstract) bis Mitte November 2008 an J.Kromphardt@ww.tu-berlin.de  zu schicken.
Die Auswahl der Vorträge findet Ende November statt.

Revue de la régulation. Capitalisme, institutions, pouvoirs

« Régulation et crise financière »: appel à contribution pour numéro spécial
regulation@revues.org

Aujourd’hui, on voit se multiplier les analyses consacrées aux mécanismes financiers ayant conduit à la crise de grande ampleur que nous connaissons. Ceux-ci commencent à être bien connus. Souhaitant prendre un peu de recul par rapport à cette actualité brûlante, la Revue de la Régulation cherche à traiter la question de fond suivante :
- Cette crise est-elle une grande crise au sens de la théorie de la régulation, à savoir une crise propre au régime dit du « capitalisme financiarisé » ?
- En conséquence, faut-il s’attendre à une transformation radicale de celui-ci ? Selon quels processus ?
- Ou bien, au contraire, faut-il voir dans les événements récents l’expression récurrente des instabilités propres à la finance dérégulée ?

La Revue de la Régulation souhaite ouvrir ce débat. Il s’agit de faire la part entre les mouvements de fond de la macroéconomie financiarisée et les dynamiques propres aux structures financières dérégulées.

Merci de faire parvenir vos propositions d'article (titre + problématique en 5-10 lignes) pour le 10 novembre 2008 à regulation@revues.org.
Les articles complets devront être rendus pour le 31 décembre 2008.

Le numéro spécial paraîtra en mars 2009, et sa publication sera accompagnée d'une journée d'étude à la Maison des Sciences de l'Homme Paris Nord.


Contact, envoi des propositions et contributions: regulation@revues.org

Regulation and Financial Crisis

Call for submissions
Thematic issue on ‘Regulation and financial crisis’

regulation@revues.org


An ever-growing number of analyses are being devoted to the now-familiar financial mechanisms which have led to the large-scale crisis underway. In order to take a more distanced approach in relation to this burning issue, the Revue de la Régulation has opted to address the following underlying questions:

- Is the present crisis a major crisis in the sense of Regulation theory, namely a crisis proper to the so-called ‘financialised capital’ regime?
- If so, should we expect a radical transformation of that regime? Through what processes?
- If not, should recent events be seen as the recurring expression of the instabilities inherent in deregulated finance?

The Revue de la Régulation would like to open this debate, which calls for making a distinction between the basic trends of the financialised macro-economy and the dynamics proper to the deregulated financial structures.
Brief proposals for articles (title + argument in 5-10 lines) should be sent to: regulation@revues.org
Deadline for proposals: 10 November 2008.
Deadline for completed articles: 31 December 2008.

The special issue is scheduled to appear in March 2009 and its publication will be accompanied by a one-day seminar at the Maison des Sciences de l’Homme, Paris Nord.

Contact, submission of proposals and contributions: regulation@revues.org 

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Conferences, Seminars and Lectures

Green Economics Institute

Reclaiming Economics for all People everywhere, the biosphere, the planet and its systems.

In association with Gower Management Books, Pluto Books, Zed Books, The International Journal of Green Economics, Inderscience Publishers of academic journals, The Green Economist, 1 Pump Court, London ECI Chambers, Nursery in Kwazula Natal and Campinas University in Brazil, Green Economics Institute in Nigeria
The Green Economics Institute warmly invites you to its 3rd workshop on social and environmental justice. This conference especially features women's unequal pay, poverty and empowering supply chains. The conference takes place on Saturday 29th November at our premises in Oxford and there is a sliding scale of fees to encourage wide attendance. The fees include continuous refreshments and lunches. (please note we also have a wellbeing retreat in Glastonbury on the 24th-26th of this month - same contact details apply).

Please find attached information on the conference speakers and activities. Please do email us as soon as possible at greeneconomicsevents@yahoo.co.uk , or contact Miriam Kennet (07990590463) to reserve a place.
We are also writing a book on women's role in the economy (and the costs of not getting it right) as part of our Sustainable Growth series with Gower Management books. Everyone who attends is warmly invited to contribute a chapter to the book which is being edited by Miriam Kennet.
The event will also host discussions on weathering the current economics turmoil, how women's roles are increasingly being viewed as central to the solutions for the global economy (as well as for running successful firms) and how the inclusion of women is fundamental to a Green Economics perspective.
The conference features specialists in the empowerment of women - in law, in business, in politics, in public representation and most especially in their economic lives.

http://www.newscientist.com/channel/opinion/mg20026786.800-special-report-how-to-do-your-bit-for-the-planet.html

Seminar Series - Returns of Marxism 2008/09 in Amsterdam

After a successful inaugural seminar series in 2007/2008, Returns of Marxism will continue beginning in October 2008. Topics in this year’s lecture series include: contemporary Latin American politics, the politics of gentrification, reading Capital, radical feminism, Marxism and philosophy and more.
In recent years we have seen a renewed interest in Marxism worldwide. A new generation is discovering the fertility of the many traditions of Marxism for understanding and attempting to change the world. This seminar series aims to bring together scholars, writers and activists from different fields in order to discuss the relevance of Marxist ideas for contemporary debates. Click here for detailed information.

Congresso Internacional Karl Marx

Click here to download the program.

Controverses modernes sur les instruments de politique monétaire

L'IEP de Bordeaux et le programme C du Gretha de l'université de Bordeaux ont le plaisir de vous convier à une conférence donnée par Marc Lavoie professeur à l’Université d’Ottawa
« Controverses modernes sur les instruments de politique monétaire : un point de vue post-keynésien »
lundi 3 novembre, 14H à 16H
Salle des conférences de l'Université Bordeaux IV. La conférence est ouverte à tous les étudiants et enseignantschercheurs.Jean Belin, Emmanuelle Gabillon, Edwin Le Heron

“A Theory of knowledge based Imperialism”

Professor Mark Casson
University of Reading
Chaired by Professor Brigitte Granville
Professor of International Economics and Economic
Policy, Queen Mary, University of London.
Wednesday 12 November 2008, 6pm
Skeel Lecture Theatre
The People’s Palace
Queen Mary, University of London
Mile End Road
London
E1 4NS
A reception will follow the lecture
RSVP on the attached card by Monday 3 November 2008
Click here to download the flyer.

Seventh SHE Conference

SHE finally has details of registration and accommodation for the Seventh Conference
Sorry for the late notice, but we have had to find a new location for the Conference, and I have been negotiating some sponsorship to try to keep registrations reasonable.
Happily the School of Economics, University of New South Wales and the School of Economics and Finance, University of Western Sydney are providing generous support for SHE.

SHE Conference 8th and 9th December, 2008
The Conference is being run by the University of New South Wales. It will be held at the Coogee Bay Hotel, http://www.coogeebayhotel.com.au/  located at the corner of Coogee Bay Rd & Arden St., Coogee

Conference Registrations
Full registration: $200
Student, retired and unemployed person's registration : $50
One day registration: $100
The Conference Dinner will be on Monday night, 8th December, at a cost of $60.
The registration fee covers morning and afternoon teas and a light lunch, and the full registration fee includes a one year’s subscription to the Economics and Labour Relations Review.

Details of accommodation at the Coogee Bay Hotel are below. In addition, I am negotiating with some university colleges for cheaper accommodation, and will post the details on the SHE website.

Registration Details and Forms:
http://www.economics.unsw.edu.au/contribute2/Economics/research/Heterdox/RegistrationsSeventh.htm 


Conference Website:
http://www.economics.unsw.edu.au/contribute2/Economics/research/Heterdox/SeventhSHEConference.htm  
 
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Job Postings for Heterodox Economists

University of Massachusetts at Amherst

The Economics Department of the University of Massachusetts at Amherst invites applications for the position of professor (with tenure) and department chair for a three-year term starting in Fall 2009. Salary will be commensurate with experience. Scholars from all fields of economics and related disciplines are encouraged to apply, including those engaged in inter-disciplinary work. We are particularly interested in scholars whose expertise involves theoretical or applied work related to the following emphases: (1) public goods and the common good; (2) economic opportunity; and (3) power, institutions, behavior and economic performance. For further information, see http://www.umass.edu/economics/facjobs.html.  Candidates should submit curriculum vitae, including the names of references who may be contacted by the search committee. For full consideration, applications must be received by December 5, 2008. Please send application materials electronically to chairsearch@econs.umass.edu or in hard copy by mail to James K. Boyce, Search Committee Chair, Economics Department, Thompson Hall, University of Massachusetts, Amherst, MA 01003. The University of Massachusetts is an Affirmative Action/Equal Opportunity employer. Women and members of minority groups are encouraged to apply. The Economics Department and the College of Social and Behavioral Sciences are committed to fostering a diverse faculty/student body and curriculum.

University of Hamburg

Teaching/Research Assistant "History of Economic Thought"
http://www.inomics.com/cgi/job?action=detail&nr=7525

University of Hamburg, Hamburg (Germany)
Ab 1. Januar 2009 ist die Stelle
einer wissenschaftlichen Mitarbeiterin/eines wissenschaftlichen Mitarbeiters
der Entgeltgruppe 13 TV-L mit der Hälfte der regelmäßigen Arbeitszeit (19,5 Stunden wöchentlich) zu besetzen.
Das Vertragsverhältnis soll auf drei Jahre bis zum 31. Dezember 2011 befristet werden.* Die Befristung des Vertrages erfolgt auf der Grundlage von § 2 Abs. 1 Wissenschaftszeitvertragsgesetz.
Die Universität strebt die Erhöhung des Anteils von Frauen am wissenschaftlichen Personal an und fordert deshalb qualifizierte Frauen nachdrücklich auf, sich zu bewerben. Frauen werden im Sinne des Hamburgischen Gleichstellungsgesetzes bei gleicher Qualifikation vorrangig berücksichtigt.
Aufgaben: Zu den Aufgaben einer wissenschaftlichen Mitarbeiterin/eines wissenschaftlichen Mitarbeiters gehören wissenschaftliche Dienstleistungen vorrangig in der Forschung und der Lehre. Außerhalb der Dienstaufgaben besteht Gelegenheit zur wissenschaftlichen Weiterbildung, insbesondere zur Anfertigung einer Dissertation.
Aufgabengebiet: Unterstützung von Forschung und Lehre insbesondere in den Bereichen der Geschichte des ökonomischen Denkens und der Wirtschaftsgeschichte. Durchführung von vorlesungsbegleitenden Übungen.
Einstellungsvoraussetzungen: Sehr guter Abschluss eines den Aufgaben entsprechenden wirtschaftswissenschaftlichen Hochschulstudiums. Solide Vorkenntnisse in der Geschichte des ökonomischen Denkens und in der Wirtschaftsgeschichte. Ausgezeichnete Englisch-Kenntnisse. Promotionsvorhaben zu einem The-ma, das den am Arbeitsbereich vertretenen Gebiete entspricht oder verwandt ist.
Schwerbehinderte haben Vorrang vor gesetzlich nicht bevorrechtigten Bewerberinnen/Bewerbern gleicher Eignung, Befähigung und fachlicher Leistungen.
Bewerbungen mit den üblichen Unterlagen (Bewerbungsschreiben, tabellarischer Lebenslauf, Hochschulabschluss) werden bis zum 15.11.2008 erbeten an: Prof. Dr. Elisabeth Allgoewer IWWT, Von-Melle-Park 5 20148 Hamburg
Nähere Informationen: elisabeth.allgoewer@wiso.uni-hamburg.de  oder im Internet unter www.uni-hamburg.de/IWWT. 
* gem. §§ 27, 28 Hamburgisches Hochschulgesetz
JEL Classification(s): B, E
Application has to be received by 11. November 2008.

Bard College

Bard is a private highly selective college of the liberal arts and sciences with 1,800 students, located 90 miles north of New York City on the Hudson River. Bard has a strong tradition of progressive education, academic, literary, and artistic innovation. We currently seek 2 Tenure-Track Assistant Professors of Economics to begin Fall '09.

- Economics & Finance
- Macroeconomics

For more information, details of each position, and application details, please visit our website at: www.bard.edu.  Click on "Employment Opportunities"

Bard College is an AA/EOE & welcomes applications from individuals who contribute to its diversity.

Bucknell University

Location: Lewisburg, PA
Category:Faculty - Liberal Arts - Economics

Posted: 10/01/2008
Application Due: 11/17/2008
Type: Full Time
Notes: included on Affirmative Action email
Job Summary: The Department of Economics at Bucknell University is seeking applications for a tenure track position beginning in August of 2009. Appointment will be as assistant professor. Qualified applicants will have no more than four years of full-time post-doctoral teaching experience at the time of appointment. A completed Ph.D. is preferred, although candidates with ABD status will be considered. In particular, we are interested in an individual whose principal teaching responsibilities in the Department would be as follows: labor economics, intermediate microeconomics, and econometrics. On a rotating basis, the candidate may also regularly teach seminars in the University's General Education program, their topics depending on the candidate's area of specialization. Bucknell faculty members are also expected to be active scholars Bucknell University encourages applications from women and members of minority groups (EEO/AA). Bucknell University values a diverse college community and is committed to excellence through diversity in its faculty, staff and students

Minimum Requirements: A completed Ph.D. is preferred, although candidates with ABD status will be considered.
Qualified applicants will have no more than four years of postdoctoral full-time teaching experience at the time of appointment.

Special Instructions to Applicants: Applicants should submit a curriculum vita, three reference letters, a statement of teaching philosophy, a research sample, and evidence of teaching excellence.

All applications must be submitted via "Jobs at Bucknell" www.bucknell.edu/jobs.  Supporting documents, namely curriculum vita, cover letter, and teaching philosophy, may be attached online as well. Evidence of teaching proficiency, including teaching evaluations, and syllabi if available, and three letters of recommendation should be forwarded both electronically, via "Jobs at Bucknell," and in hard copy form to Janet T. Knoedler, Chair, Economics, Bucknell University, Lewisburg, PA 17837. A sample of scholarly work should also be mailed directly to Professor Knoedler at that same address (not emailed).

Required other document 1: teaching evaluations (electronically and hard copy).
Optional document 1: sample syllabi if available.
Application Information
Phone: 570-577-1631
Online App. Form: http://jobs.bucknell.edu/applicants/Central?quickFind=51395

J0 Labor Economics

The Department of Economics at Bucknell University is seeking applications for a tenure track position beginning in August of 2009. Appointment will be as assistant professor. Qualified applicants will have no more than four years of full-time post-doctoral teaching experience at the time of appointment. A completed Ph.D. is preferred, although candidates with ABD status will be considered. In particular, we are interested in an individual whose principal teaching responsibilities in the Department would be as follows: labor economics, intermediate microeconomics, and econometrics. On a rotating basis, the candidate may also regularly teach seminars in the University's General Education program, their topics depending on the candidate’s area of specialization. Bucknell faculty members are also expected to be active scholars.

Applicants should submit a curriculum vita, three reference letters, a statement of teaching philosophy, a research sample, and evidence of teaching excellence.

All applications must be submitted via “Jobs at Bucknell” www.bucknell.edu/jobs. Supporting documents, namely curriculum vita, cover letter, and teaching philosophy, may be attached online as well. Evidence of teaching proficiency, including teaching evaluations, and syllabi if available, and three letters of recommendation should be forwarded both electronically, via “Jobs at Bucknell,” and in hard copy form to Janet T. Knoedler, Chair, Economics, Bucknell University, Lewisburg, PA 17837. A sample of scholarly work should also be mailed directly to Professor Knoedler at that same address (not emailed).

Bucknell University encourages applications from women and members of minority groups (EEO/AA). Bucknell University values a diverse college community and is committed to excellence through diversity in its faculty, staff and students.

Deadline for submission of application materials is November 17, 2008.

Colorado State University

Economics

Assistant Professor

JOE ID Number: 20081007401
Section: 1: US: Full-Time Academic (Permanent, Tenure Track or Tenured) Title/Short Description: Assistant Professor Submission Deadline: 17 November 2008 or until the position is filled

JEL Classifications:
E - Macroeconomics and Monetary Economics O - Economic Development, Technological Change, and Growth

Locations:
Fort Collins, CO USA


Full Text of JOE Listing:

The Department of Economics invites applications for one tenure-track, assistant professor position in macroeconomics and development economics. Ph.D. must be completed by the time the appointment begins on 16 August 2009. Active participation in the Ph.D. program is expected in both macroeconomics and development economics, and an interest in obtaining external funding is encouraged. Tenure requires both scholarly accomplishment and excellence in teaching. To assure full consideration, application materials must be received by 17 November 2008; however, applications may be accepted until the position is filled. Candidates who can advance the Department's commitment to diversity and multiculturalism through research, teaching, and service are encouraged to apply. Once the search committee has identified semi-finalists, departmental faculty will have access to those files.

CONTACT: Please send a cover letter describing your interest in the position, along with separate statements summarizing your research and your teaching philosophy, a vita, and three letters of reference to Dr. Harvey Cutler, Chair, Search Committee, Economics CSU, 1771 Campus Delivery, Fort Collins, CO 80523-1771. Electronic and fax submissions will not be accepted. Colorado State is an Equal Opportunity/Affirmative Action employer. Colorado State University conducts background checks on all final candidates.


Application Instructions:

Please send a cover letter describing your interest in the position, along with separate statements summarizing your research and your teaching philosophy, a vita, and three letters of reference to Dr. Harvey Cutler, Chair, Search Committee, Economics CSU, 1771 Campus Delivery, Fort Collins, CO 80523-1771. Electronic and fax submissions will not be accepted.

Colorado State University

Economics

Assistant Professor

JOE ID Number: 20081007402
Section: 1: US: Full-Time Academic (Permanent, Tenure Track or Tenured) Title/Short Description: Assistant Professor Submission Deadline: 17 November 2008 or until the position is filled

JEL Classifications:
Q5 - Environmental Economics

Locations:
Fort Collins, CO USA


Full Text of JOE Listing:

The Department of Economics invites applications for one tenure-track position at the assistant professor level in environmental economics. Preferred secondary fields are public economics or economic development. As part of this regular appointment in the Economics department, the successful candidate is expected to work with interdisciplinary teams to conduct research and seek external funding related to the CSU Clean Energy Supercluster ( http://energy.colostate.edu/ ). Active participation in the Ph.D. program is expected. Eventual tenure requires both scholarly accomplishment and excellence in teaching. The candidate's Ph.D. must be successfully defended by the time the position begins on 16 August 2009. Candidates who can advance the Department's commitment to diversity and multiculturalism through research, teaching, and service are encouraged to apply. To assure full consideration, application materials must be received by 17 November 2008; however, applications may be accepted until the position is filled. Once the search committee has identified semi-finalists, departmental faculty will have access to those files.

CONTACT: Please send a cover letter describing your interest in the position, along with separate statements summarizing your research and your teaching philosophy, a vita and three letters of reference to Dr. Robert Kling, Chair, Search Committee, Economics CSU, 1771 Campus Delivery, Fort Collins, CO 80523-1771. Electronic and fax submissions will not be accepted. Colorado State is an Equal Opportunity/Affirmative Action employer. Colorado State University conducts background checks on all final candidates.


Application Instructions:

Please send a cover letter describing your interest in the position, along with separate statements summarizing your research and your teaching philosophy, a vita and three letters of reference to Dr. Robert Kling, Chair, Search Committee, Economics CSU, 1771 Campus Delivery, Fort Collins, CO 80523-1771. Electronic and fax submissions will not be accepted.

St. Francis College, Brooklyn

St. Francis College, Brooklyn invites applications for adjunct instructors in economics for the Spring 2009 semester.

Courses open: Introductory macro- and micro-economics courses and elective course in Urban Economics.

Minimum qualification: MA in Economics.

Send resume and cover letter to:
Dr. Paddy Quick, Chair, Dept. of ECO/HIS/PSC: pquick@stranciscollege.edu  

The New School

Position: Assistant Professor

Job Description:
The Graduate Program in International Affairs, a Master’s level program at The New School, invites applications for a full time tenure track faculty position at the level of Assistant Professor, beginning July 1, 2009. This position will also support the new undergraduate program in International Studies. We are looking for candidates with a strong background in human rights who are engaged with one or more pressing global issues. Examples include: health, women’s rights, migration, post-conflict resolution and peace-building, indigenous rights, corporate responsibility, and trade rules. The ideal candidate will have a theoretical background in human rights, and be grounded in one of the following disciplines: law, political science, sociology, anthropology, economics, or philosophy. As an interdisciplinary program that bridges theory and practice, we welcome candidates whose research crosses disciplines, or who combine research with practice or advocacy.
This faculty position involves teaching five courses a year. Salary is competitive and commensurate with experience and qualifications.

Qualifications: Ph.D by August 2009, or equivalent advanced degree in a related field. Preferred candidates will have a strong record of teaching at the undergraduate and/or graduate level or professional experience. Applications from individuals with no doctorate but relevant work experience may be considered.

Applications:
To apply please send a letter of interest, C.V., three letters of reference, and sample publications, using electronic link on New School website:
( https://careers.newschool.edu/applicants/jsp/shared/frameset/Frameset.jsp?time=1224859370855 )
To mail additional materials, please send to: Sakiko Fukuda-Parr, Chair
of Search Committee, Room 605, Graduate Program in International
Affairs, The New School, 66 West 12th St, New York, NY 10011.

Review of applications begins November 15, 2008; the position will remain open until filled.

The New School is committed to a policy of equal opportunity in all its activities and programs including employment and promotion. The New School does not discriminate on the basis of race, color, national or ethnic origin, citizenship status, religion, sex, sexual orientation, age, physical handicap, veteran or marital status.

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Heterodox Conference Papers and Reports and Articles

Distribution, Aggregate Demand and Productivity Growth

Hein, Eckhard / Tarassow, Artur: Distribution, aggregate demand and productivity growth - theory and empirical results for six OECD countries based on a Post-Kaleckian model, IMK Working Paper, Nr. 18/2008. Düsseldorf 2008: http://www.boeckler.de/pdf/p_imk_wp_18_2008.pdf 

The Impact of Monetary Policy on Unemployment Hysteresis

Stockhammer, Engelbert / Sturn, Simon: The Impact of Monetary Policy on Unemployment Hysteresis, IMK Working Paper, Nr. 15/2008. Düsseldorf 2008: http://www.boeckler.de/pdf/p_imk_wp_15_2008.pdf

The J2 Status of Chaos in Period Macroeconomic Models

Flaschel, Peter / Proano, Christian: The J2 Status of Chaos in Period Macroeconomic Models, IMK Working Paper, Nr. 14/2008. Düsseldorf 2008: http://www.boeckler.de/pdf/p_imk_wp_14_2008.pdf

Financial Uncertainty and Business Investment

Stockhammer, Engelbert/ GraflHYPERLINK "lucas.grafl@wu-wien.ac.at ", Lucas: HYPERLINK "http://www.wu-wien.ac.at/inst/vw1/papers/wu-wp123.pdf  "Financial uncertainty and business investment. Department of Economics Working Papers, Vienna University of Economics and Business Administration, No. 123 August 2008: http://www.wu-wien.ac.at/inst/vw1/papers/wu-wp123.pdf

Working Papers of the Department of Economics, SOAS, London, UK

http://www.soas.ac.uk/economics/research/workingpapers/ 

‘Why do Banks Fail?’ by S. Basu

Click here to download the paper.

‘Financial Globalisation: the need for a single currency and a global central bank'

 by P. Arestis, S. Basu, and S. Mallick. Click here to download the paper.

Minsky and "Keynesianism"

New working paper on Minsky and "Keynesianism". Just in time for the current Keynes/Minsky frenzy .

http://www.levy.org/vdoc.aspx?docid=1098

Pluralism in Economics: Rethinking the Teaching of Economics


On Saturday 18 October 2008 the Association for Heterodox Economics (AHE) and the International Review of Economics Education (IREE) hosted a One-day Workshop at City University, London, on “Pluralism in economics: rethinking the teaching of economics”. The Workshop was supported by the Department of Economics and the School of Social Sciences at City University London, by the Economics Network and the Royal Economic Society. The initial call for papers for the workshop can be found here: http://www.staff.city.ac.uk/andy.denis/pluralism_workshop.pdf.  IREE is also publishing a special issue in November 2009 on the issue of “Pluralism in economics education: Issues in teaching and learning”. The Call for Papers for the special issue can be seen here: http://staff.city.ac.uk/andy.denis/IREE_pluralism.pdf. 
The sessions were recorded and are downloadable, with the papers, from www.staff.city.ac.uk/andy.denis/pluralism.htm

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Heterodox Journals and Newsletters

Journal of Economic Methodology

Volume 15 Issue 3  is now available online at http://www.informaworld.com.

This new issue contains the following articles:

Introduction: Also Sprach der homo oeconomicus, Pages 241 - 244
Authors: Miranda del Corral; Jesús Zamora Bonilla

Simulating processes of concept formation and communication, Pages 245 - 259
Authors: Timo Honkela; Ville Könönen; Tiina Lindh-Knuutila; Mari-Sanna Paukkeri

Games and Quantity implicatures, Pages 261 - 274
Author: Robert van Rooij

The evolution of Horn's rule, Pages 275 - 284
Author: Kris De Jaegher

The surprise exam paradox, rationality, and pragmatics: a simple game-theoretic analysis, Pages 285 - 299
Authors: José Luis Ferreira; Jesús Zamora Bonilla

REVIEW SYMPOSIUM, Pages 301 - 312

Notes on contributors, Pages 313 - 316

PERI

This fall at PERI we have been unprecendentedly busy, between responding to the financial crisis and the keeping up with the nationwide interest in our Green Investment research program. Although we make every effort to keep these emails to a minimum, two items seemed particularly critical and timely.

Over the past ten years, PERI's staff economists and our colleagues from around the world have been writing critically about the financial markets. In a departure from our usual website content, we are currently collecting our most relevant work in this area on our home page. We hope this informs your understanding of the current crisis and broadens your perspective on opportunities for egalitarian reforms.
http://clicks.aweber.com/y/ct/?l=5ERGx&m=1b1Z.9dH7W2ETL&b=bUcyRtU4RHSuApmQlAIKPg
We are also pleased to announce that PERI's Co-Director, Robert Pollin, has been selected to deliver the University of Massachusetts Distinguished Faculty Lecture and to receive the University Chancellor's Medal. For those of you in the Amherst area, please join us on October 20 at 4 pm, as Professor Pollin delivers a lecture on how we can create long-term term prosperity, equity and growth in an economy built on renewable energy and conservation.
For more information, please contact Debbie Zeidenberg, PERI's Communications Director. Political Economy Research Institute
Gordon Hall
418 N. Pleasant St.
Amherst, MA 01002

International Review of Applied Economics

Volume 22 Issue 6 is now available at http://www.informaworld.com.

This new issue contains the following articles:

Demand and innovation in productivity growth, Pages 655 - 672
Authors: Francesco Crespi; Mario Pianta

Is public capital productive in Europe?, Pages 673 - 691
Authors: Jerome Creel; Gwenaelle Poilon

The cost of capital, finance and high-tech investment, Pages 693 - 705
Author: Mariana Spatareanu

Price–value deviations: further evidence from input–output data of Japan, Pages 707 - 724
Author: Lefteris Tsoulfidis

Layoffs, recalls and unemployment duration: evidence from Sweden, Pages 725 - 744
Author: Anton Nivorozhkin

The inadequacy of cost of living indices based on subjective preferences: an ethical and methodological critique, Pages 745 - 754
Authors: Eithne Murphy; Eoghan Garvey

International Journal of the Economics of Business

Invitation to contribute to International Journal of the Economics of Business, a leading journal in business economics. ( http://www.tandf.co.uk/journals/cfp/cijbcfp.pdf )

China Economic Journal

Routledge is pleased to announce China Economic Journal ( http://www.informaworld.com/rcej ) .
Submissions Information ( http://www.tandf.co.uk/journals/cfp/rcejcfp.pdf )

Levy News

IN THIS ISSUE
- A Simple Proposal to Resolve the Disruption of Counterparty Risk in Short-Term Credit Markets (http://www.levy.org/vdoc.aspx?docid=1092)
- The Commodities Market Bubble: Money Manager Capitalism and the Financialization of Commodities (http://www.levy.org/vdoc.aspx?docid=1094)
Promoting Equality Through an Employment of Last Resort Policy ( http://www.levy.org/pubs/wp_545.pdf )
- Inflation Targeting in Brazil (http://www.levy.org/vdoc.aspx?docid=1090)
- October 2008 Report (http://www.levy.org/vdoc.aspx?docid=1093)


Local Economy

Volume 23 Issue 4 is now available online at http://www.informaworld.com.

This new issue contains the following articles:

Editorial Announcement: Local Economy will grow to Eight Issues in 2009, Pages 253 - 254
Author: Andrew Jones

The SNP Government and Poverty, Pages 255 - 260
Author: Ivan Turok

What Happens to the Best-laid Plans?, Pages 261 - 266
Author: Julian Dobson

Sustainable Communities: Affordable Housing and Socio-economic Relations, Pages 267 - 276
Authors: Vida Maliene; Joseph Howe; Naglis Malys

Unlocking the Potential: The Role of Universities in Pursuing Regeneration and Promoting Sustainable Communities, Pages 277 - 289
Authors: Claire Robinson; Neil Adams

Tourism, Public Policy and Regional Development: A Turn from Neo-liberalism to the New Regionalism, Pages 290 - 304
Authors: Michael C. Shone; P. Ali Memon

Determinants of Local Economic Performance: Experience from Rural England, Pages 305 - 318
Authors: Paul Courtney; Malcom Moseley

Water Policy Making in Scotland: Political Demands and Economic Pressures, Pages 319 - 324
Author: Antonio A. R. Ioris

Democracy and Empowerment in London's Neighbourhoods, Pages 325 - 331
Author: Hugh Atkinson
 

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Heterodox Books and Book Series

Behind the 2008 World Financial Crisis

International ReFrom Pathfinder Press: Behind the 2008 World Financial Crisis
Capitalism’s Long Hot Winter Has Begun
By Jack Barnes
in New International no. 12
Today’s sharpening interimperialist conflicts are fueled both by the opening stages of what will be decades of economic, financial, and social convulsions and class battles, and by the most far-reaching shift in Washington’s military policy and organization since the U.S. buildup toward World War II. Also in Spanish, French, Swedish, Greek.
ISBN 978-0-87348-967-6 $16

The Clintons’ Antilabor Legacy

The Clintons’ Antilabor Legacy: Roots of the 2008 World Financial Crisis
By Jack Barnes
in New International no. 14
Also in Spanish
ISBN 978-1-60488-005-2 $14

What the 1987 Stock Market Crash Foretold

By Jack Barnes
in New International no. 10
“What the 1987 Stock Market Crash Foretold,” a 1988 resolution of the Socialist Workers Party explains that the stock market crash of 1987 exposed the vulnerability of the capitalist world to the pile of debt whose worldwide buildup had accelerated since the early 1970s. It points out that new regulation of the financial system cannot prevent another crash; that the banking system can not be protected from the consequences of a financial collapse as decades‘ worth of credit balloons deflate; and that a worldwide depression is inevitable in the years ahead. This issue also features “Imperialism’s March Toward Fascism and War,” which
follows these developments into the mid-1990s. Also in Spanish, French, Swedish.
ISBN 978-0-87348-773-3 $16

Capitalism’s World Disorder

By Jack Barnes
The social devastation and financial panic now engulfing the world, the coarsening of politics, the cop brutality, the restrictions on workers’ rights, the relentless acts of imperialist aggression—all are products not of something gone wrong with capitalism but of its lawful workings. Yet the future can be changed by the united struggle of workers and farmers increasingly conscious of their power to transform the world. Also in Spanish and French.
ISBN 978-0-87348-818-1 $24

The Transitional Program for Socialist Revolution

By Leon Trotsky
So long as the profit system prevails, there is no exit from the economic “blind alley” in which capitalism worldwide finds itself, wrote Russian revolutionary Leon Trotsky in 1938. Trotsky outlines a political program for working people to defend themselves against the devastating conditions of economic depression and political instability of the 1930s.
The interlinked immediate, democratic, and transitional demands begin from the conditions of capitalist society today but lead immediately to the limits of capitalism itself. The Transitional Program remains an irreplaceable component of a fighting guide for workers today.
ISBN 978-0-87348-524-1 $20
www.pathfinderpress.com 

Institutional Economics

by Bernard Chavance

This introduction to institutional economics, follows the history of the field since the early 20th century until the present day. It concentrates on influential authors in the main schools of institutional economics. Institutional economics is defined as economic thought that considers institutions to be relevant for economic theory, and consequently criticizes the neoclassical mainstream for having pushed them out of the discipline; it deals specially with the nature, the origin, the change of institutions, and their effects on economic performance. It is a family of different theories that were initially influential in economics, then lost much of their weight in the middle half of the 20th century, and eventually recovered significant creative vitality and impact in the last twenty years. The book puts the recent developments in historical perspective by showing how important themes like the importance of habits, the role of formal and informal rules, the relation of organizations and institutions, the hierarchy and complementarity of institutions, the evolutionary character of institutional change, have been explored by various authors or schools.
Contents: I. Introduction: the institutionalist families in economics, II. Original
institutionalism, 1. Schmoller and the German historical school, 2. Veblen's ‘evolutionary institutionalism’, 3. Hamilton: institutional economics, 4. Commons: organisations and institutions, 5. Polanyi and the economy as an instituted process, III. The Austrian school and ‘ordoliberalism’, 1. Menger: the organic and pragmatic approaches, 2. Hayek’s ‘Orders’ and ‘Rules’, 3. Eucken and ‘ordoliberalism’, IV. The new institutional economics, 1. Williamson and the mechanisms of governance, 2. North: formal and informal institutions, 3. Game theory and comparative institutional analysis, V. Contemporary European currents of thought, 1. Regulation theory: historical macroeconomics, 2. The economics of conventions: interpreting the rules, 3. Hodgson and the revival of the ‘old institutional economics’, VI. Unity and diversity of institutionalisms
September 2008:
HB: 978-0-415-44911-3: £55.00 £44.00

The International Encyclopedia of Revolution and Protest

A remarkable political and scholarly contribution is about to be published (March 2009) – the most comprehensive source on revolution and protest to date. This timely eight-volume work is The International Encyclopedia of Revolution and Protest.

Published by Wiley-Blackwell, it has been compiled by hundreds of scholars throughout the world, under the editorship of Dr. Immanuel Ness of the City University of New York, who is also the editor of the prestigious Working USA: The Journal of Labor and Society. For more information: http://www.revolutionprotestencyclopedia.com/overview.asp.  All libraries should be encouraged to secure this incredible resource – and as many scholars and activists as possible should be alerted to its imminent appearance.

Among the Advisory Editorial Board members are: Walden Bello, Elaine Bernard, Robert Brenner, Stephen Eric Bronner, Dennis Brutus, Paul Buhle, Bill Fletcher, Adolfo Gilly,Lawrence Goodwyn, Gerald Horne, Robin D.G. Kelley, Michael Löwy, Manning Marable, Bryan Palmer, and Frances Fox Piven. Associate Editors include: Dario Azzellini,Marcelline Block, Jesse Cohn, Clifford D. Conner, Geoffroy de LaForcade, Rowena Griem, Paul LeBlanc, Amy Linch, Soma Marik, Vivekananda Vidyabhavan, Ayokunle O. Omobowale, Pierre Rousset, Beverly Tomek, Ben Trott.

Below are some initial pre-publication endorsements, which give a sense of what has been accomplished:
"For this work Immanuel Ness has assembled an impressive team of international scholars…Undoubtedly, this will become an essential reference on world revolutionary and protest movements, and an important addition to the collections of academic and larger public libraries. I know I will recommend it to our students and faculty, and will consult it frequently for my own research."
Thomas Twiss, Government Information Librarian, University of Pittsburgh
"An indispensable tool for social scientists and historians who wish to be aware of their rich and colourful past. The scope is breathtaking - with a wealth of engagingly presented detail gathered by an army of researchers under the sure guidance of Immanuel Ness. Wiley is to be congratulated."
Raymond Markey, Auckland University of Technology, New Zealand
"Finally a scholarly reference work that provides a substantive approach to world history that accounts for the essential role played by popular movements in the processes of revolution, social change and progress. The International Encyclopedia of Revolution and Protest traces the efforts of peasants and workers in the global South and North as they struggle for justice and power from the emergence of European colonialism to the present."
Gary Younge, The Guardian and The Nation
"This compilation of historical essays provides a unique contribution to the study of social radicalism. The encyclopedia fills a critical void with its extensive examination of the progression of revolutions and protests throughout the world. The International Encyclopedia of Revolution and Protest is sure to become the definitive reference work in this area of study."
Pat Newcombe, Western New England College School of Law Library
"[A] valuable resource for students of social movements and social change."
Stephen H. Aby, University of Akron

Development of Economic Analysis

7th Edition
By Ingrid H. Rima
Temple University, Philadelphia, USA

Request an examination copy

Now in its seventh edition, Ingrid Rima's classic textbook charts the development of the discipline from the classical age of Plato and Aristotle, through the middle ages to the first flowering of economics as a distinct discipline -and to the era of classical economics and the marginalist revolution. The book then goes on to offer extensive coverage of the twentieth century - the rise of Keynesianism, econometrics, the Chicago School and the neoclassical paradigm - and the concluding chapters analyze the birth of late twentieth century developments such as game theory, experimental economics and competing schools of economic thought.

This text includes a number of practical features:
- a "family tree" at the beginning of each section, illustrating how the different developments within economics are interlinked
- the inclusion of readings from the original key texts
- a summary and questions to discuss, along with glossaries and suggestions for further reading.
December 2008 / 608 pages
978-0-415-77292-1 / Paperback / £37.50
978-0-415-77293-8 / Hardback / £85.00

From Political Economy to Economics Method

From Political Economy to Economics Method, the social and the historical in the evolution of economic theory
By Dimitris Milonakis, Ben Fine
Economics at the University of Crete; University of London

Click Here to Purchase

Economics has become a monolithic science, variously described as formalistic and autistic with neoclassical orthodoxy reigning supreme. So argue Dimitris Milonakis and Ben Fine in this new major work of critical recollection. The authors show how economics was once rich, diverse, multidimensional and pluralistic, and unravel the processes that lead to orthodoxy’s current predicament.

The book details how political economy became economics through the desocialisation and the dehistoricisation of the dismal science, accompanied by the separation of economics from the other social sciences, especially economic history and sociology. It is argued that recent attempts from within economics to address the social and the historical have failed to acknowledge long standing debates amongst economists, historians and other social scientists. The prime rationale underpinning this account drawn from the past is to put the case for political economy back on the agenda.

Series: Economics as Social Theory
October 2008 / 392 pages
978-0-415-42321-2 / Paperback / £32.99
978-0-415-42322-9 / Hardback / £120.00

A Short History of Economic Thought 2nd Edition
By Bo Sandelin, Hans-Michael Trautwein, Richard Wundrak
University of Gothenburg, Sweden; University of Oldenburg, Germany; formerly University of Greifswald, Germany

Request an examination copy

This book provides an elementary introduction to the history of economic thought and has been considerably overhauled and updated since the appearance of the first edition in 2002. Greater coverage is allowed to the major Anglo-American trends while retaining the innovative coverage of mainland European thinking so characteristic of the original.

July 2008 / 128 pages
978-0-415-43886-5 / Paperback / £13.99
978-0-415-43885-8 / Hardback / £80.00

The History of Economic Thought: A Reader

Edited by Steven G. Medema, Warren J. Samuels
University of Colorado at Denver, USA; Michigan State University

View a sample electronic copy or request an examination copy

This bestselling reader in the history of economic thought is edited by two of the most respected figures in the field. With clearly written summaries putting each selection into context, this book will be of great use to students and lecturers of the history of economic thought as it goes beyond the simple reprinting of articles.

2003 / 680 pages
978-0-415-20551-1 / Paperback / £45.00
978-0-415-20550-4 / Hardback / £110.00  

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Heterodox Book Reviews

Free Trade Nation

Frank Trentmann, _Free Trade Nation: Commerce, Consumption and Civil Society in Modern Britain_. Oxford: Oxford University Press, 2008. xiv + 450 pp. £25/$50 (cloth), ISBN: 978-0-19-920920-0.
Reviewed for EH.NET by Peter J. Cain, Department of History, Sheffield Hallam University. Click here to download the review.

The Invention of Modern Life

Mark Francis, _Herbert Spencer and the Invention of Modern Life_.
Ithaca, NY: Cornell University Press, 2007. xiv + 434 pp. $45 (cloth),
ISBN: 978-0-8014-4590-3.

Reviewed for EH.NET by Sandra J. Peart, Jepson School of Leadership Studies, University of Richmond. Click here to download the review.

Heterodox Websites

Radical Perspectives on the Crisis

http://sites.google.com/site/radicalperspectivesonthecrisis/

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The HEN-IRE-FPH Project

The HEN-IRE-FPH Project for Developing Heterodox Economics and Rethinking the Economy Through Debate and Dialogue

The Heterodox Economics Newsletter, The International Initiative for Rethinking the Economy (IRE), and the Charles Leopold Mayer Foundation for the Progress of Humankind (FPH) ( www.fph.ch ) have undertaken a joint project to promote the development of heterodox economics. It involves publishing in the Newsletter reviews, analytical summaries, or commentary of articles, books, book chapters, theses, dissertations, government reports, etc. that relate to the following themes: diversity of economic approaches, regulation of goods and services, currency and finance, and trade regimes. These themes relate to heterodox economics and to the open and pluralistic intellectual debates in economics. For further information about the project and queries about reviewing, contact Fred Lee ( leefs@umkc.edu ).

Wray, L. R. (2008) ‘Lesson from the Subprime Meltdown’, Challenge, 51(2): 40-68.
Reviewed by Joshua Frank, Center for Responsible Lending, joshf@responsiblelending.org

Davis, John (2006), ‘The turn in economics: neoclassical dominance to mainstream pluralism’, Journal of Institutional Economics, 2(1), 1-20.
Reviewed by José Castro Caldas and Vítor Neves

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Heterodox Graduate Program and PhD Scholarships

The University of Manchester

MA in Political Economy
http://www.manchester.ac.uk/postgraduate/howtoapply/
Click here to download the flyer.

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For Your Information

Extend State Ownership To Save Jobs

Richard Sennett 2008-10-15
Click here to download the paper.

Open Letter to All Political Leaders attending the November 15 White House Summit on Financial Markets and the World Economy

Dear Colleague:

Henry Liu and I have written a brief note (see below) to the Heads of State who will be meeting on November 15, 2008 to discuss the international implications of the current financial Crisis . Henry believes that he will be able to get the ASIA TIMES to print it on Monday, November 10, 2008 as a Headline piece. The Asia Times is a global on line publication with a web visibility of over 2,000,000 daily of highly educated readership world wide, beating Bloomberg.com, WSJ.com, MSNBC.com., according to Marketleap.com. Presumably, other publications may also publish it in the EU. Perhaps among all our friends, we can recruit a public relation professional to help. Even Keynes needed Felix Frankfurter to introduce him to FDR.

Paul Davidson

Our note is as follows:

Open Letter to All Political Leaders attending the November 15 White House Summit on Financial Markets and the World Economy

The Winter of 2007-2008 will prove to be the winter of economic discontent and the beginning of the end of the belief that unfettered global financial markets spread risk and promoted economic efficiency, growth, and prosperity. For more than three decades mainstream economists have preached, and politicians accepted, the myth of the efficiency of markets, while burying any thoughts of John Maynard Keynes’s analysis of interconnection of financial markets and the international payments system.

Those who do not study the lessons of history are bound to repeat its errors. Economists forgot the events of the world-wide Great Depression that followed the collapse of the unfettered U.S. financial markets that were associated with the "Roaring Twenties" prosperity. Now history has repeated itself with the deregulation of financial markets and banking operations that occurred at the same time as the prosperity of recent years that climaxed in 2008 with the Greatest Financial Market Crisis since the Great Depression.

The U.S. sub prime mortgage problem that started in 2007 developed from a small blip on the economic radar screen to a situation that has caused the collapse of financial markets and threatened the viability of financial institutions world wide as the contagion spread quickly via the existing international payments system. If we are to prevent a global Great Depression, it is time to restore Keynes’s vision of how the international payments system should work to permit each country to promote a national full employment policy without having to fear balance of payments problems or financial events that occur in other countries from infecting the domestic banking and financial system.

Another Great Depression can be avoided if world leaders would reconsider John Maynard Keynes’s analytical system that contributed the golden age of the first quarter century after World War II. The undersigned have advocated for years a new financial architecture based on an updated 21st century version of the Keynes Plan proposed at Bretton Woods.

This new financial architecture will create (1) a new global monetary regime that exists without currency hegemony, (2) global trade relationships that support rather than retard domestic development and (3) a global economic environment that induces each nation to promote full employment and rising wages for its labor force.


Paul Davidson Editor, Journal of Post Keynesian Economics
Henry C.K. Liu, Visiting Professor of Global Development, Department of Economics, University of Missouri and Chairman of a New York basede private investment group

We hope you will be sympathetic to our message If you agree we invite you to support our message Let us know by sending both Henry and I an email saying you agree gives us your name, title, and affiliation.

our email addresses are Paul Davidson: pdavidson@utk.edu
Henry C.K. Liu hliu@mindspring.com

Oil, war, lies and bulls**t

By Cyrus Bina

utilized merely as a deterrent in order to calm the jittery market in Wall Street - a weapon that, god forbid, he wouldn't have to use.

This speaks clearly to the irony of market ideology that rather idealistically hangs on to the so-called market perceptions without much inkling about the material conditions that are to be inevitably the cause of such perceptions. The US national debt has now jumped to upwards of $11.3 trillion - a figure for the combined annual GDP of China, France, Germany, Norway, Russia, and Sweden in 2007.(cont.)

The Wall Street Coup and the Bailout Scam

How the “rescue” plan is not only fraudulent, it is also the wrong medicine for the ailing economy

Ismael Hossein-zadeh (October 4, 2008)

The Wall Street took the US (and the world) hostage and extracted a heavy ransom. But while the enormous ransom was successfully extracted, there are no guarantees that the hostages will be set free from the shackles of trickle down economics. On the contrary, there are strong indications that the fraudulent (and perhaps criminal) bailout may turn the current crisis into a protracted agony of a long bleeding economic depression (cont.)

Tufts Institute to Award Annual Economics Prize

to José Antonio Ocampo and Robert Wade
November 17 lectures on “New Visions for Trade and Development”
Tufts University’s Global Development and Environment Institute will award its annual Leontief Prize for Advancing the Frontiers of Economic Thought to José Antonio Ocampo of Columbia University and Robert Wade of the London School of Economics. The award ceremony will take place November 17 at Tufts University (5:00 pm, Coolidge Room, Medford Campus) and will feature lectures by the prize winners on the topic, “Beyond the Washington Consensus: New Visions for Trade and Development.” (cont.).

Booklovers turn to Karl Marx as financial crisis bites in Germany

Kate Connolly in Berlin
Wednesday October 15 2008

Karl Marx is back. That, at least, is the verdict of publishers and bookshops in Germany who say that his works are flying off the shelves.
The rise in his popularity has of course, been put down to the current economic crisis. "Marx is in fashion again," said Jörn Schütrumpf, manager of the Berlin publishing house Karl- Dietz which publishes the works of Marx and Engels in German. "We're seeing a very distinct increase in demand for his books, a demand which we expect to rise even more steeply before the year's end."
Most popular is the first volume of his signature work, Das Kapital. According to Schütrumpf, readers are typically "those of a young academic generation, who have come to recognise that the neoliberal promises of happiness have not proved to be true."
Bookshops around the country are reporting similar findings, saying that sales are up by 300%. (Though the fact that they are not prepared to quote actual figures suggests the sales were never that high).
Literature comes and goes and it is nice to see that trends are not always driven by slick marketing campaigns. Just as Rudyard Kipling would have been delighted that his poem The Gods of the Copybook Headings which contains the apt lines: "Then the Gods of the Market tumbled, and their smooth-tongued wizards withdrew." is modish once more, so Marx would have reveled in the idea that an economic crisis had reignited interest in his works. (Not, you understand, because of the increased royalties that would be coming his way over the next few months were he still alive.)
Increasing numbers of Germans appear ready to out themselves as Marx fans in a time when it is fashionable to repeat the philosopher's belief that excessive capitalism with all its greed finally ends up destroying itself. When Oskar Lafontaine, the head of Germany's rising left-wing party Die Linke, said he would include Marxist theory in the party's manifesto, in the outline of his plans to partially nationalise the nation's finance and energy sectors, he was labeled as a "mad leftie" who had "lost the plot" by the tabloid Bild. But even Germany's finance minister, Peer Steinbrück, who must have had some sleepless nights over the past few weeks, has now declared himself something of a fan. "Generally one has to admit that certain parts of Marx's theory are really not so bad," he cautiously told Der Spiegel.
"These days Marx is on a winning streak in the charm stakes," Ralf Dorschel commented in the Hamburger Abendblatt.
But for those not quite ready to immerse themselves in Marxist theory, Marx's correspondence to Friedrich Engels at the time of an earlier US economic crisis makes more entertaining reading. "The American Crash is a delight to behold and it's far from over," he wrote in 1857, confidently predicting the imminent and complete collapse of Wall Street.

CofFEE's 10th Birthday

Click here to download the flyer.

Karl Marx and the world financial crisis

Wed Oct 15, 2008
Bernd Debusmann is a Reuters columnist.
WASHINGTON (Reuters) - Capitalism as we used to know it is on its deathbed. And those who predicted that the old brand, the unfettered, American-promoted system, was a danger to the world, are being vindicated. They include Karl Marx, whose thinking on banks seems oddly contemporary these days (cont.)

Wanted: a new financial order

DOUG SAUNDERS
From Saturday's Globe and Mail
October 18, 2008 at 12:05 AM EDT
BRUSSELS — A week ago, French President Nicolas Sarkozy and German Chancellor Angela Merkel found themselves strolling together through the cobble-stoned streets of Colombey-les-Deux-Églises, a tiny village in the northeast of France, where they were attending a war-memorial ceremony (cont.)

The Center for the History of Political Economy

The Center for the History of Political Economy at Duke University is now accepting Fellowship Applications for the 2009-2010 academic year. Click here for detailed information.

Misrepresenting the Financial Crisis

It is not Lack of Liquidity; it is Insolvency and Lack of Trust

Bailout Homeowners, Create Trust, and Unfreeze Credit Markets

By Ismael Hossein-zadeh

A major problem with the bailout scheme is that it misrepresents the ongoing credit crunch as a problem of illiquidity, or lack of cash. In reality, however, it is a lack of trust that has been created by the widespread insolvency in the financial market. In such an environment of widespread insolvency and lack of trust, owners of cash rush to safety: buying treasury bills, investing abroad, or hoarding their cash, thereby creating something akin to a black hole for cash—or a “liquidity trap,” as John Maynard Keynes called it.(cont.)

Galbraith

Galbraith is on Public Radio Internationl's Marketplace tonight as well as Bill Moyers' Journal on PBS.

http://marketplace.publicradio.org/display/web/2008/10/24/galbraith_whats_the_fix

Also on the BBC World Service front page at the moment:
http://www.bbc.co.uk/worldservice/

or http://www.bbc.co.uk/worldservice/news/

Finally, Harpers has put Galbraith's article up on their free site, at

http://harpers.org/archive/2008/11/0082254

Galbraith on Bill Moyer's Journal

http://www.pbs.org/moyers/journal/10242008/profile.html

The Ludwig Lachmann Research Fellowship

The Ludwig Lachmann Research Fellowship at the London School of Economics The Department of Philosophy, Logic and Scientific is seeking to fill the Ludwig M Lachmann Research Fellowship, a research post in commemoration of the late Professor Lachmann. The successful candidate will have a PhD and a record of excellence in research in economics and/or philosophy. Particular consideration will be given to candidates with a research interest in the philosophical aspects of economics or the Austrian School of Economics.
Further details of the post and application procedures can be found at the following site:
http://www.lse.ac.uk/collections/recruitment/jobsAtLSE/CurrentVacancies.htm#01/08/RES 
Informal enquiries can be addressed to Prof. Richard Bradley at r.bradley@lse.ac.uk.
Closing date for receipt of applications is 7 November 2008.

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