From the Editor
Summer is upon those
north of the equator and given the fine weather,
heterodox economists seem more apt to be sitting
in beer gardens and talking with friends than
engaged in economics—which is a good thing. In
the Newsletter there are some interesting call
for papers and an interesting paper about
understanding the financial crisis through
accounting models. There are also a long list of
new and recent books, many of which are in the
Routledge Advances in Heterodox Economics book
series. Finally, check out the FYI section as it
has some rather interesting items, such as Haiku
Economics by that wild and wacky economist Steve
Ziliak.
Fred Lee
In
this issue:
|
Call for Papers |
|
- SGE Annual
Conference
- 13th SCEME Workshop in Economic Methodology
- MAFIN 09 First International Workshop on Managing
Financial Instability in Capitalistic Economies
- The Financial and Monetary Crisis
- La Crise Financiere Et Monetaire
- COST- ESF Conference |
|
Conferences, Seminars and Lectures |
|
- Work & Inequality
in the Global Economy: China, Mexico, US
- Labour Underutilisation - Unemployment and Underemployment |
|
Heterodox Conference Papers and
Reports and Articles |
|
- Understanding Financial Crisis Through
Accounting Models
- The Downside of Financialisation of International
Commodity Markets |
|
Heterodox Journals and Newsletters |
|
- Challenge
- New Political Economy
- PERI Newsletter
- eInsight
- economic sociology
- Capitalism and Society
- Associative Economics Bulletin
- Journal of Post Keynesian Economics
- Cuadernos de Relaciones Laborales
|
|
Heterodox Books and Book Series |
|
- Macroeconomic Methodology – a
Post-Keynesian Perspective
- Never Good Enough
- Global Finance and Social Europe
- Keynes and his Battles
- Routledge Advances in Heterodox Economics Book Series
- The Coming of Age of Information Technologies and the Path
of Transformational Growth
- Cultural Economics and Theory
- The Foundations of Non-Equilibrium Economics
- The Handbook of Pluralist Economics Education
- Informal Work in Developed Nations
- The Marginal Productivity Theory of Distribution
- Heterodox Macroeconomics
- A History of Heterodox Economics
- Radical Economics and Labour
- Currencies, Capital Flows and Crises
- Ontology and Economics
|
|
Heterodox Book Reviews |
|
- A History of Macroeconomic Policy in
the United States |
|
Heterodox Graduate Program and PhD
Scholarships |
|
- PhD Program "European Tradition in
Economic Thought |
|
Heterodox Web Sites and Associations |
|
- Reading from the Left
- Association for Evolutionary Economics |
|
For
Your Information |
|
- Tufts Institute to Award Annual
Economics Prize
- Phillips Machine Again
- Underpayments to Consumers by the Health Insurance
Industry
- Confessions of an Undergraduate Economics Student from
Chicago
- Por uma realidade plural
- Conferencia de Franklin Serrano, sobre el patròn dolar
flexible.
- crash -- Why it happened and what to do about it
- La Revue de l'Entreprise
- Haiku Economics
- Depression Blog
- Méfaits de l’euro |
|
|
Call for Papers
SGE Annual
Conference
Conference to be held on September 21, 2009
Department of Transportation Conference Center
1200 Washington New Jersey Avenue, SE, Washington, DC 20590
http://www.sge-econ.org/conferences/conferences.htm
The Society of Government Economists will be organizing several
sessions at our annual, one-day conference in Washington, DC. The
Society’s motivation for organizing these sessions is to promote
economic thought that will be beneficial to government economists.
Specifically, sessions will be designed to inform and educate
economists. They are intended to provide valuable contributions to
existing knowledge and understanding of economic ideas, or to foster
potential improvements in how economics is practiced. Such sessions
should better enable economists to observe and understand the nature
and causes of economic factors and events, which will, in turn,
enhance their ability to contribute to public decision making.
For this purpose, the Society of Government Economists is now
soliciting proposals for paper presentations and organized sessions.
Sessions will typically involve the presentation of 3-4 papers,
which are reviewed by discussants and allow for a
question-and-answer period. This call for papers and sessions is
open to all individuals who share the above-mentioned objectives. In
the case of proposed, individual papers, the Society will organize
selected papers into sessions and invite other individuals to serve
as discussants in those sessions.
We greatly encourage proposals for papers and sessions, which will
be evaluated under the following rules and conditions:
(1) Papers and sessions will be peer reviewed, in a double-blind
process, on the basis of scientific merit, importance of the topic,
insightfulness, uniqueness, and level of effort.
(2) Proposals will be evaluated and selected without regard for
whether the applicants are government economists or members of the
Society of Government Economists. The topics of the papers need not
specifically address government policies or actions.
(3) There is no submission fee for proposing a paper or session. All
conference attendees will be required, however, to pay the
conference fee, which will be $45, which includes an annual
membership to the Society of Government Economists and a lunch at
the conference.
(4) Proposals for individual papers are encouraged in addition to
proposals for organized sessions—the Society is prepared to organize
individual papers into sessions.
(5) The deadline for submitting the proposed paper or session is
July 23, 2009.
To apply to present a paper, fill out the form below, and for a
session fill out the form for each paper proposed in the session,
and email it to: Mark Ledbetter, Application Coordinator for the
Selection Committee, Society of Government Economists,
mark.ledbetter@bea.gov.
Note: Applications already submitted to the Society of Government
Economists for consideration in the American Economic Association
meetings in January 2009, whether accepted or not, may be submitted
as well, without the involvement of additional paperwork, for
consideration in the
SGE
Annual Conference.
13th SCEME Workshop in Economic
Methodology
"The Economics of Culture"
11-12 Sept 2009
The Stirling Centre for Economic Methodology (SCEME), in
collaboration with the Scottish Institute for Research in Economics
(SIRE), would like to invite proposals for contributions to the
thirteenth workshop of a series in economic methodology.
The aim of the workshop is to bring students of culture and the
creative industries together to discuss how to best approach and
understand the economic dimensions of culture. We would therefore
like to invite workshop contributions from any relevant perspective
shedding light on this issue. Contributions may take the form of the
presentation of a paper, presentation of work-in-progress, or an
extended book or literature review.
We are pleased to announce that Ruth Towse, renowned expert of the
creative industries and former editor of the Journal of Cultural
Economics, has agreed to open the workshop with a guest paper.
For further details and registration form, see:
www.sceme.org.uk/ws/ws13_cfp.pdf
Proposals should take the form of a one-page outline of the intended
contribution, and should be emailed, BY FRIDAY 17 JULY 2009, to:
Matthias Klaes,
m.klaes@keele.ac.uk
MAFIN 09 First International Workshop
on Managing Financial Instability in Capitalistic Economies
Reykjavik (Iceland), September 3rd - 5th, 2009
http://mafin09.ru.is
Researchers are invited to submit a paper to the First International
Workshop on Managing Financial Instability in Capitalistic Economies
(MAFIN 09), to be held in Reykjavik (Iceland), September 3rd - 5th,
2009.
Click here for detailed
information.
The Financial and Monetary Crisis
Rethinking Economic Policies and Redefining the architecture and
governance of international finance”
DECEMBER 10-12, 2009
Université de Bourgogne, Laboratoire Economie Gestion (Dijon,
France)
Deadline for Proposals : July 30th, 2009
Decision from the Committee: August 30th, 2009
Deadline for sending papers: November 15th, 2009
Click here for
detailed information.
La Crise Financiere Et Monetaire
Repenser la politique économique et redéfinir l’architecture et la
gouvernance de la finance internationale”
10-12 DECEMBRE 2009
Université de Bourgogne, Laboratoire Economie Gestion (Dijon,
France)
Date limite pour l’envoi de propositions : 30 Juillet 2009
Décisions du comité de selection : 30 Août 2009
Date limite pour l’envoi des papiers retenus: 15 Novembre 2009
Cliquez ici pour
des informations détaillées.
COST- ESF
Conference
Systems Chemistry II: Evolution and Systems
Anna Grand Hotel, Balatonfüred (Lake Balaton) Hungary
18-23 October 2009
The conference will focus on the unifying organisational and dynamic
principles that link systems chemistry with other fields of science.
Presentations will go beyond chemistry, but will also allow
participants to learn new ways of thinking about chemistry.
Click here for detailed
information.
Top
Conferences, Seminars
and Lectures
Work & Inequality in the Global
Economy: China, Mexico, US
Registration is open: "Work & Inequality in the Global Economy:
China, Mexico, US", UCLA, Oct. 2009
We invite you to register for this conference, to take place October
8-10, 2009 at UCLA in Los Angeles, California. We will focus on
comparisons and connections between China, Mexico, and the United
States. Speakers at the conference will include scholars and
activists from all three countries, including:
* China: Shen Yuan (Tsinhua University), He Gaochao (Zhongshan
University)
* Mexico: Enrique Dussel Peters (National Autonomous University,
UNAM), Betha Lujan (Authentic Labor Front, FAT)
* US: former Labor Secretary Ray Marshall, Maria Elena Hincapié (
National Immigration Law Center)
Major themes of the conference include:
* The impact of economic and environmental crisis on workers
* The role of TNCs
* Migration trends and impacts
* Prospects for labor law reform and labor rights
* Strategies for overcoming inequality
For more information and to register, please visit
http://irle.ucla.edu/workandinequality2009.htm
or contact Joanna Lukowicz,
jlukowicz@irle.ucla.edu
Labour
Underutilisation - Unemployment and Underemployment
3-4 December 2009
University of Newcastle, NSW
For more information regarding the conference, registration and
papers, please visit our website:
http://e1.newcastle.edu.au/coffee/conferences/2009/index.cfm
Top
Heterodox Conference Papers and Reports and Articles
Understanding Financial Crisis
Through Accounting Models
Dirk J Bezemer, University of Groningen
The Centre for Development Policy and Research is pleased to
announce the publication of Development Viewpoint #32, “The Downside
of ‘Financialisation’ of International Commodity Markets”. Focusing
on the international coffee market, the author, Susan Newman,
Department of Economics, SOAS, and University of Witwatersrand,
Johannesburg, reveals how increased futures trading by financial
investors has distorted the relationship between prices and
conditions of supply and demand in international commodity markets.
As a consequence, large international trading companies, having the
financial capacity to engage in such speculation, have gained
considerable market power while local producers and traders in
developing countries have suffered from unstable and relatively low
prices.
Click
here to download
the paper.
The Downside of
Financialisation of International Commodity Markets
http://www.soas.ac.uk/cdpr/publications/dv/file52180.pdf
Top
Heterodox Journals and
Newsletters
Challenge
Volume 52 Number 4 / July-August of Challenge is now available on
the mesharpe.metapress.com web site at
http://mesharpe.metapress.com/link.asp?id=LR2027510652
This issue contains:
Letter from the Editor
Jeff Madrick
On the Need for Professional Economic Ethics
George DeMartino
Honesty and Integrity in Academic Economics
Thomas Mayer
Rhetoric Matters: Ethical Standards in a Humanistic Science of
Economics
Deirdre McCloskey
America's Response to a Deep Recession
Robert Blendon, John Benson
Macroeconomic Policy Challenges and Choices in a Time of Crises:
Part II: Fiscal Policy and Policies for "Recovery"
Allen Sinai
The Great Depression, the New Deal, and the Current Crisis
Alexander Field
A Ode on Poverty
S. Subramanian
Review: The Great Delusion—A Mad Inventor, Death in the Tropics, and
the Utopian Origins of Economic Growth, by Steven Stoll
José A. Tapia Granados
Recovery?
Mike Sharpe
New Political Economy
Volume 14 Issue 2 is now available online at informaworld
( http://www.informaworld.com
).
This new issue contains the following articles:
Articles
An Historical Materialist Appraisal of Friedrich List and his
Modern-Day Followers
Author: Ben Selwyn
Making the State Change Its Mind – the IMF, the World Bank and the
Politics of India's Market Reforms
Author: Mitu Sengupta
The Marketisation of Social Justice: The Case of the Sudan
Divestment Campaign
Author: Susanne Soederberg
North Korea: Market Opportunity, Poverty and the Provinces
Author: Hazel Smith
Privatisation as State Advance: Private Indirect Government in
Vietnam
Author: Martin Gainsborough
Commentary
Towards a New Bretton Woods? The First G20 Leaders Summit and the
Regulation of Global Finance
Authors: Eric Helleiner; Stefano Pagliari
Global Monitor
Shaping Global Rules: Proprietary Pharmaceutical Companies as Global
Political Actors
Author: Valbona Muzaka
Feature Review
Author: Chris Gregory
PERI Newsletter
IN THIS ISSUE
- The Economic Impacts of Carbon Capping Policies
- Proceedings from the March Conference in Honor of Azizur Khan
- PERI Authors in Print
- PERI Working Papers
Click here for
detailed information.
eInsight
Economics Update Bulletin, July 09'
http://www.volterra.co.uk/custompage/einsight-0709.php#Section1
In This Issue
- Positive survey evidence increases
- Oil rallying on signs of global recovery
- But unemployment is rising
- And will be for a long time after the recession ends
economic sociology
the european electronic newsletter
Current Issue: Vol. 10, No. 3 - July 2009
Note from the Editor
Dear reader,
This issue of the Newsletter focuses on intersections between
economic sociology and law. The "economic sociology of law" is a
field of study that, as Laura Ford and Richard Swedberg argue in the
introductory essay in this Newsletter, has only fairly recently
regained attention. This is despite the classic writings of Max
Weber, who, more than nine decades ago, gave great importance to
this field.
In their opening article, Ford and Swedberg take stock of more
recent studies that have examined the role of law in economy and
society, and outline areas that in their view warrant more
attention, such as Roman Law and Financial Law. Yves Dezalay and
Bryant Garth analyze "the economy of legal practice as a symbolic
market", comparing and contrasting processes of social, relational
and financial capital conversion in the legal fields of the U.S.,
Europe and the "global South". Laura Ford devotes attention to the
role of law in relation to property, arguing that property is
simultaneously a fundamental threat as well as a necessary corollary
to the existence of social groups. Sabine Frerichs discusses
connections and disconnections between economic sociology,
socio-legal studies and economic analyses of law.
Further, we have two interviews. One interview was conducted with
Gunther Teubner, an eminent sociologically-minded legal scholar, who
has written extensively on the social theory of law, contract law,
networks, transnational governance and constitutionalism. The other
interview was conducted with French economic sociologist Philippe
Steiner, the next editor of the Newsletter. The interview has been
reprinted with kind permission from the Society for the Advancement
of Socio-Economics (SASE). In the interview, Steiner discusses the
state of the art of eco-nomic sociology in France and gives insight
into his recent work on the market for human body organs. From
November 2009, Philippe Steiner will take over the editorship of the
Newsletter with associate editors Sidonie Naulin and Nicolas Milicet
(Université Paris-Sorbonne). We welcome him and his team and look
forward to reading their next issue.
As in previous issues, Brooke Harrington edited the book review
section, and I would like to thank her for all her work. Lotta
Björklund Larsen, Marc Lenglet and Sebastian Botzem provide
summaries of their doctoral research projects, which investigate the
justification of illicit work in Sweden, compliance work in equity
brokerage houses, and the politics of international accounting
standard setting, respectively.
This is my last issue as Editor. I would like to thank all
contributors to Volume 10 of the Newsletter. I would also like to
thank Rita Samiolo (LSE) and Christina Glasmacher (MPIfG) for
helping me to put the issues together, and I thank the Editorial
Board for all their support.
Please continue to submit material that you think should be
published in the Newsletter. Materials for the November issue should
be send to one of the following email addresses:
Philippe.Steiner@paris-sorbonne.fr,
sidonie.naulin@gmail.com,
milicet@phare.normalesup.org.
With best wishes for a fruitful summer,
Andrea Mennicken
a.m.mennicken@lse.ac.uk
Links:
economic sociology - the european electronic newsletter:
http://econsoc.mpifg.de/newsletter/newsletter_current.asp
economic sociology - the european website:
http://econsoc.mpifg.de
economic sociology - call for papers:
http://econsoc.mpifg.de/callforpapers.asp
economic sociology - job vacancies:
http://econsoc.mpifg.de/job_vacancies.asp
Capitalism and Society
http://www.bepress.com/cas
Articles
David Hume and Modern Economics
Sheila C. Dow
Nietzsche and the Economics of Becoming
Richard Robb
Discussions and Commentaries
Comment on "David Hume and Modern Economics" (by Sheila Dow)
Carl Wennerlind
Comment on "Nietzsche and the Economics of Becoming" (by Richard
Robb)
James J. Heckman
Reader Responses
Response to James Heckman's Comment
Richard Robb
Capitalism and Society (supported by a generous grant from the
Kauffman Foundation) provides an outlet for scholarly work that
advances the goals of the Center whose length, subject matter,
approach, etc. might preclude publication in a standard journal. We
want to stimulate and provide a forum for discourse for ideas that
may not be proven beyond a reasonable doubt. Accordingly we will
publish papers along with the commentary of a reviewer, leaving room
for "agreement to disagree."
New Book
Capitalism and Society, the Journal of Columbia University's Center
on Capitalism and Society, is pleased to announce the recent
publication of a new book by one if its members, Robert Shiller, the
Arthur M. Okun Professor of Economics at Yale University.
Animal Spirits: How Human Psychology Drives the Economy, and Why It
Matters for Global Capitalism
George A. Akerlof and Robert J. Shiller
The global financial crisis has made it painfully clear that
powerful psychological forces are imperiling the wealth of nations
today. From blind faith in ever-rising housing prices to plummeting
confidence in capital markets, "animal spirits" are driving
financial events worldwide. In this book, acclaimed economists
George Akerlof and Robert Shiller challenge the economic wisdom that
got us into this mess, and put forward a bold new vision that will
transform economics and restore prosperity.
About this journal
Unique among economics journals, Capitalism and Society focuses on
what makes capitalism dynamic: innovation and entrepreneurship.
Topics include ownership, corporate control, entry and venture
capital, the discovery process, and commercial performance. While
these topics have been studied from a micro-perspective, Capitalism
and Society breaks new ground as the only mainstream forum that
discusses how capitalism works from a broad social science
perspective. Editors of this peer-reviewed journal include some of
the best-known and most widely-published scholars in the fields of
economics, business, and law, such as Jeffrey Sachs, Special Advisor
to the U.N.; Joseph Stiglitz, former World Bank chief economist and
Nobel Prize recipient; Glenn Hubbard, former chairman of President's
Council of Economic Advisers; as well as highly regarded economists
Richard Nelson, Robert Shiller, and Edmund Phelps, who was recently
awarded the 2006 Nobel Prize in Economics.
Capitalism and Society is indexed in EconLit, Intute, RePEc,
Sociological Abstracts, and Worldwide Political Science Abstracts.
Associative Economics Bulletin
July 2009
1) Public Benefit
2) Associative Economics Research Fund - online
3) Associate! July 2009
4) Journal Index and Back-catalogue: 1980-2009
1) Public Benefit
This month we look at the question of public benefit. Under this
heading, those responsible for overseeing the not-for-profit sector
are redefining what it means to be a charity. Much reliance is
placed on this term, although its legal meaning remains undefined.
More crucially, its larger socio-historical and even economic
significance is uncertain, which is what the current dition of
Associate! addresses.
http://www.cfae.biz/fae-bulletin/09jul/
Journal of Post Keynesian Economics
Volume 31 Number 4 / Summer 2009 of Journal of Post Keynesian
Economics is now available at
http://mesharpe.metapress.com/link.asp?id=v402410717mp
This issue contains:
Special symposium of discretionary fiscal policy: fiscal policy is
back!
Philip Arestis, Giuseppe Fontana
Fiscal and interest rate policies in the "new consensus" framework:
a different perspective
Malcolm Sawyer
The consensus view on interest rates and fiscal policy: reality or
innocent fraud?
Alvaro Angeriz, Philip Arestis
The transmission mechanism of fiscal policy: a critical assessment
of current theories and empirical methodologies
Giuseppe Fontana
Fiscal policy in the monetary theory of production: an alternative
to the "new consensus" approach
p. 605
Guglielmo Forges Davanzati, Andrea Pacella, Riccardo Realfonzo
Fiscal and monetary policy interactions: lessons for revising the EU
Stability and Growth Pact
Mark Setterfield
Fiscal policy is back in France and the United Kingdom!
Jérôme Creel, Paola Monperrus-Veroni, Francesco Saraceno
Origins of banking crises in Latin America: a critical view
Wesley C. Marshall
Sen's capability approach and Post Keynesianism: similarities,
distinctions, and the Cambridge tradition
Nuno Ornelas Martins
Is there a growth imperative in capitalist economies? a circular
flow perspective
Mathias Binswanger
Cuadernos de Relaciones Laborales
Adjuntamos un fichero con el sumario de
Cuadernos de
Relaciones Laborales Vol. 27, num.1, 2009, “La responsabilidad
social empresarial en Europa y las corporaciones transnacionales”,
coordinado por Joaquín Aparicio Tovar, Margarita Barañano Cid y
Berta Valdés de la Vega, que se publicará próximamente.
Así mismo le recordamos los títulos de los últimos números:
Cuadernos de Relaciones Laborales, Vol. 26, núm. 2, 2008, “Domesticación
del trabajo”
Mª Jesús Miranda López, Mª Teresa Martín Palomo y Matxalen Legarreta
Iza (Coordinadoras)
Cuadernos de Relaciones Laborales,Vol. 26, núm. 1, 2008, “Globalización
y Sindicalismo”
Fausto Miguelez (Coordinador)
El contenido de todos los números de Cuadernos de Relaciones
Laborales, puede consultarse directamente en el Portal de revistas
Científicas de la UCM en la página:
http://www.ucm.es/BUCM/revistasBUC/portal/modulos.php?name=Revistas2&id=CRLA&col=1
Un cordial saludo,
Cuadernos de Relaciones Laborales
Escuela de Relaciones Laborales
Universidad Complutense de Madrid
ites03@erl.ucm.es
ites04@erl.ucm.es
Tfno.: (34) 91 394 66 25
Top
Heterodox
Books and Book Series
Macroeconomic
Methodology – a Post-Keynesian Perspective
By Jesper Jespersen, Professor
Roskilde University, Denmark
http://getir.net/4ml
Jesper Jespersen presents a treatise on the importance of the choice
of methodology within macroeconomics. Given that no scientifically
based macroeconomic policy recommendation should be established
without an evaluation of the methods employed, this book gives a
clear exposition of how proper macroeconomic analysis should be
undertaken. Furthermore, it is convincingly argued that on of the
lasting contributions of John Maynard Keynes was his emphasis on
methodology; that macroeconomic consequence of uncertainty could not
be analysed within the established general equilibrium framework. It
is due to post-Keynesian economics supported by critical realism
that the understanding of Keynes' methodology has been resurrected,
which has eventually resulted in renewed debate on realistic
macroeconomic policies to restore full employment without inflation.
"Macroeconomic
Methodology" is an inquiry into the question of how to conduct a
proper scientific analysis of uncertainty within macroeconomics. It
will be of great interest to scholars of the philosophy of social
sciences and methodology, as well as post-Keynesian and heterodox
economists.
Never Good Enough
Ariel Ducey, Never Good Enough: Health Care Workers and the False
Promise of Job Training. Cornell University Press, 2009.
Description: In Never Good Enough, Ariel Ducey assesses the
investment of hundreds of millions of dollars for training and
educating frontline health care workers in New York beginning in the
mid-1990s. In her thoughtful and provocative critique, Ariel Ducey
explores the history and the extent of job training initiatives for
health care workers and lays out the political, economic, and
emotional significance of these programs beyond the obvious goal of
career advancement.
Examining the most heavily funded training programs, she argues that
both the content of many training and education programs and the
sheer commitment of time they require pressure individual health
care workers to compensate for the irrationalities of America's
health care system, for the fact that caring labor is devalued, and
for the inequities of an economy driven by the relentless creation
of underpaid service jobs. In so doing, the book also analyzes the
roles that unions--particularly SEIU 1199 in New York--and the
city's academic institutions have played in this problematic
phenomenon.
The book is based on Ducey's three years as an ethnographer in
several hospitals and in-depth interviews with key players in health
care training. It argues that training and education cannot be a
panacea for restructuring—whether in the health care sector or the
economy as a whole.
http://www.cornellpress.cornell.edu/cup_detail.taf?ti_id=5280
Global Finance and Social Europe
Edited by John Grahl, Professor of European Integration, Middlesex
University Business School, UK
Edward Elgar, New Directions in Modern Economics series
June 2009 352 pp Hardback 978 1 84720 643 5 £79.95
http://www.e-elgar-economics.com/Bookentry_Main.lasso?id=12962
With global finance reshaping the world economy, this insightful new
book provides a full account of the EU’s financial integration
strategy, together with a critical assessment arguing the case for
social control over global finance. Written by acknowledged experts
in European finance, this book discusses key issues from finance to
general social developments, encompassing social security systems,
employment relations, household saving and borrowing, and the
question of economic stability. Thus far, America has been
pre-eminent both in global financial markets and international
banking – so how should the European Union meet this challenge?
Global Finance and Social Europe constructively argues that an
active response is required and highlights the importance of an
integrated European financial system.
Aimed at an international audience, this book will strongly appeal
to researchers, academics and readers who share an interest in
European integration and global economic issues.
Contributors include: T. Block, T. Evans, M. Frangakis, J. Grahl, J.
Huffschmid, P. Lysandrou, D. Plihon, J. Toporowski
Keynes and his
Battles
Gilles Dostaler, Université du Québec à
Montréal, Canada
http://www.e-elgar.co.uk/bookentry_main.lasso?id=1404
‘A satisfying and highly readable book, especially for
non-economists and non-British readers approaching Keynes from a
wider perspective. . . Dostaler’s book is also quite accessible and
should be of interest to undergraduates as well as the more
specialized reader. . . the interpretative exposition is
meticulously researched, original and lucid.’
– M.G. Hayes, EH.Net
Contents: 1. Introduction 2. Ethics: The Sources of Keynes’s Vision
First Interlude: Bloomsbury and the Apostles 3. Knowledge:
Uncertainty, Probabilities and the Moral Sciences 4. Politics:
Beyond Liberalism and Socialism Second Interlude: The Political
History of Great Britain During the Time of Keynes 5. War and Peace:
From the Boer War to Versailles 6. Money: Economic Motor and Social
Pathology 7. Labour: The Battle Against Unemployment 8. Gold: An
International Monetary System in the Service of Humanity 9. Art:
Theoretician, Consumer and Patron of the Arts 10. Conclusion: From
Keynes to Keynesianism Appendix 1. Keynes and his Time: Chronology
Appendix 2. Maynard as Seen by his Friends and Contemporaries
Bibliography Index
Download the flyer:
GB US
Routledge
Advances in Heterodox Economics Book Series
http://www.routledge.com/books/series/Routledge_Advances_in_Heterodox_Economics
The Coming of Age of Information
Technologies and the Path of Transformational Growth
A long run perspective on the late 2000s recession
By Davide Gualerzi
http://www.routledge.com/books/The-Coming-of-Age-of-Information-Technologies-and-the-Path-of-Transformational-Growth-isbn9780415482684
In this
book, Davide Gualerzi employs the concept of transformational
growth to explore the investment-driven cycle of expansion of the
1990s in the US economy, and of the of role played by the ICT
sector.
The
book articulates a view of demand-led growth in which the focus
is on effective demand, the composition of the growth process and
the link between changing composition and expansion.
Cultural Economics and Theory
The evolutionary economics of David Hamilton
David Hamilton, Glen Atkinson, William M Dugger, William T Waller
Jr.
David Hamilton is a leader in the American institutionalist school
of heterodox economics that emerged after WWII. This volume includes
25 articles written by Hamilton...
To be published 09/22/2009 | 978-0-415-49091-7
http://www.routledge.com/books/Cultural-Economics-and-Theory-isbn9780415490917
The Foundations of Non-Equilibrium
Economics
The principle of circular and cumulative causation
Sebastian Berger
This thought-provoking volume seeks to answer some of the ultimate
economic questions in terms of a theory that emerged with Adam Smith
and is now...
To be published 07/14/2009 | 978-0-415-77780-3
http://www.routledge.com/books/The-Foundations-of-Non-Equilibrium-Economics-isbn9780415777803
The Handbook of Pluralist Economics
Education
Jack Reardon
This book provides a blueprint for those interested in teaching from
a pluralist perspective, regardless of ideology. It provides
educators, policy makers and students with...
To be published 07/10/2009 | 978-0-415-77762-9
http://www.routledge.com/books/The-Handbook-of-Pluralist-Economics-Education-isbn9780415777629
Informal Work in Developed Nations
Enrico Marcelli, Colin C Williams, Pascale Joassart
Almost everyone residing in a developed nation knows someone who has
engaged in paid work that is licit but not reported to the
government (e.g.,...
To be published 07/07/2009 | 978-0-415-77779-7
http://www.routledge.com/books/Informal-Work-in-Developed-Nations-isbn9780415777797
The Marginal Productivity Theory of
Distribution
A Critical History
John Pullen
The Marginal Productivity Theory of Distribution (MPTD) claims that
in a free-market economy the demand for a factor of production will
depend upon its marginal...
Published 06/24/2009 | 978-0-415-48712-2
http://www.routledge.com/books/The-Marginal-Productivity-Theory-of-Distribution-isbn9780415487122
Heterodox Macroeconomics
Keynes, Marx and globalization
Jonathan P Goldstein, Michael G Hillard
Heterodox Macroeconomics offers a detailed understanding of the
foundations of the recent global financial crisis. The chapters,
from a selection of leading academics in the...
Published 05/28/2009 | 978-0-415-77808-4
http://www.routledge.com/books/Heterodox-Macroeconomics-isbn9780415778084
A History of Heterodox Economics
Challenging the mainstream in the twentieth century
Frederic Lee
Economics is a contested academic discipline between neoclassical
economics and a collection of alternative approaches, such as
Marxism-radical economics, Institutional economics, Post Keynesian
economics, and...
Published 03/10/2009 | 978-0-415-77714-8
http://www.routledge.com/books/A-History-of-Heterodox-Economics-isbn9780415777148
Radical Economics and Labour
Essays inspired by the IWW Centennial
Frederic Lee, Jon Bekken
To celebrate the centenary of the most radical union in North
America - The Industrial Workers of the World - this collection
examines radical economics...
Published 01/23/2009 | 978-0-415-77723-0
http://www.routledge.com/books/Radical-Economics-and-Labour-isbn9780415777230
Currencies, Capital Flows and Crises
A post Keynesian analysis of exchange rate determination
John T Harvey
Breaking from conventional wisdom, this book provides an explanation
of exchange rates based on the premise that it is financial capital
flows and not international..
http://www.routledge.com/books/Currencies-Capital-Flows-and-Crises-isbn9780415777636.
Published 12/22/2008 | 978-0-415-77763-6
Ontology and Economics
Tony Lawson and His Critics
Edward Fullbrook
http://www.routledge.com/books/Ontology-and-Economics-isbn9780415476133
This original book brings together some of the world's leading
critics of economics orthodoxy to debate Lawson's contribution to
the economics literature. The debate centres...
Published 10/21/2008 | 978-0-415-47613-3
Top
Heterodox Book Reviews
A History of
Macroeconomic Policy in the United States
John H. Wood, _A History of Macroeconomic Policy in the United
States_. London: Routledge, 2008. xiii + 221 pp. $150 (hardcover),
ISBN: 978-0-415-77718-6.
Reviewed for EH.NET by
David C. Wheelock, Federal Reserve Bank of St. Louis.
Heterodox
Graduate Program and PhD Scholarships
PhD Program "European Tradition in
Economic Thought"
The "Dipartimento di Studi sullo sviluppo economico"
(http://www.unimc.it/sviluppoeconomico) and the "Scuola di Dottorato"
of the University of Macerata (http://www.unimc.it/) invites
applications from students wishing to undertake a three-year
programme leading to a doctoral degree in the field of the "European
Tradition in Economic Thought".
- Applications can be downloaded from: http://celfi.unimc.it/sda/
---> "Bandi di Concorso e Graduatorie".
- Applications should reach the University of Macerata before the
deadline (September, 4, 2009).
Top
Heterodox
Web Sites and Associations
Reading from the Left
NEW WEBSITE PROVIDES FREE DOWNLOADS
OF CURRENT SOCIALIST BOOKS AND PAMPHLETS
Online Now:
http://www.readingfromtheleft.com
READING FROM THE LEFT is a new website, created to promote and
distribute contemporary socialist books and pamphlets.
It will feature free PDF downloads of pamphlets, reviews and
announcements of socialist books, free PDF downloads of book
chapters, and in some cases entire books.
This is a non-commercial project: the website links to places where
titles can be purchased, but it does not sell pamphlets or books
directly.
The initial response from publishers has been excellent. The site
already includes free downloads from:
**Monthly Review Press
**Resistance Books (Australia)
**Resistance Books (UK)
**Socialist Voice
**Socialist Project
More titles are in preparation.
Please take a look --
http://www.readingfromtheleft.com
Comments and suggestions are very welcome.
Association for Evolutionary
Economics
http://www.associationforevolutionaryeconomics.org/
The Association for Evolutionary Economics (AFEE) is an
international organization of economists and other social scientists
devoted to analysis of economics as evolving, socially constructed
and politically governed systems. AFEE publishes the Journal of
Economic Issues (JEI).
The intellectual heritage of AFEE is that of the Original
Institutional Economics (OIE) created and developed by early
twentieth-century economists such as Thorstein Veblen, John R.
Commons, and Wesley Mitchell. Over recent decades, this legacy has
evolved to address such contemporary issues as:
- The role of diverse cultures in economic performance.
- Domestic and international inequalities of income.
- The roles of social, economic and political power in shaping
economic outcomes.
- Globalization and the increasing weight of multinational
corporations in the international economy.
- The need for expanding use of modern technologies to relieve want.
- The urgent need to for awareness of the impact of new technology
on the biosphere.
- The ways in which economic thought is affected by and affects
always changing economics.
Top
For Your Information
Tufts Institute
to Award Annual Economics Prize
to Bina Agarwal and Daniel Kahneman
June 24, 2009
http://www.ase.tufts.edu/gdae/about_us/leontief/2009LeontiefAnnouncement.pdf
Tufts University’s Global Development and Environment Institute
announced today that it will award its annual Leontief Prize for
Advancing the Frontiers of Economic Thought to Bina Agarwal of Delhi
University in India and Daniel Kahneman of Princeton University. The
award ceremony will take place in Spring 2010 at Tufts University
and will feature lectures by the prize winners.
The Global Development And Environment Institute (GDAE), which is
jointly affiliated with Tufts’ Fletcher School of Law and Diplomacy
and Graduate School of Arts and Sciences, inaugurated its economics
award in 2000 in memory of Nobel Prize-winning economist and
Institute advisory board member Wassily Leontief, who had passed
away the previous year. The Leontief Prize for Advancing the
Frontiers of Economic Thought recognizes economists whose work, like
that of the institute and Leontief himself, combines theoretical and
empirical research that promotes a more comprehensive understanding
of social and environmental processes. The inaugural prizes were
awarded in 2000 to John Kenneth Galbraith and Nobel Prize winner
Amartya Sen.
Bina Agarwal’s contributions to broadening the frontiers of economic
thought have been both theoretical and empirical, with a particular
focus on the most disadvantaged. An economist with a keen interest
in interdisciplinary and inter-country explorations, she has done
pioneering work especially on women’s rights in land, and gender and
environment governance. An original thinker and policy advocate, she
brings to her work insights from both research and field experience.
Her writings have influenced policy nationally and globally. Dr.
Agarwal’s publications include eight books and numerous professional
papers on subjects such as land, livelihoods and property rights;
environment and development; the political economy of gender;
poverty and inequality; law; and agriculture and technological
change. Her multiple award-winning book: A Field of One's Own:
Gender and Land Rights in South Asia (Cambridge University Press,
1994) was acclaimed by the jury of the Edgar Graham prize as “a
superb analysis” and a “lasting milestone” that would benefit a vast
segment of the world's disadvantaged. She is a Professor of
Economics at the Institute of Economic Growth, Delhi University. She
has been President of the International Association for Feminist
Economics, and was a founder member of the Indian Society for
Ecological Economics. In 2008 the President of India awarded her the
Padma Shri. She currently serves on the U.N. Committee for
Development Policy and the Indian Prime Minister’s National Council
for Land Reforms.
“Bina Agarwal embodies the kind of theoretically rigorous,
empirically grounded, and policy-oriented economics that the
Leontief Prize was created to recognize,” said GDAE Co-Director Neva
Goodwin. “Her contributions to both scholarship and policy on
economic development, the environment, well-being, and gender have
been an inspiration to GDAE for many years.”
Daniel Kahneman was awarded the Nobel Prize in Economic Sciences in
2002 for his groundbreaking work in the field of behavioral
economics. Dr. Kahneman is a Senior Scholar at the Woodrow Wilson
School of Public and International Affairs at Princeton University.
He is also Professor of Psychology and Public Affairs Emeritus at
the Woodrow Wilson School, the Eugene Higgins Professor of
Psychology Emeritus at Princeton University, and a fellow of the
Center for Rationality at the Hebrew University in Jerusalem.
“Our Institute’s work has been much influenced, and has greatly
benefited, by the ways in which Dr. Kahneman has expanded the
frontiers and crossed the boundaries between economics and other
disciplines,” said GDAE Co-Director Neva Goodwin. “As we watch the
current economic crisis unfold, we look forward to finding ways for
the field of economics to increasingly incorporate the realistic
complexity Dr. Kahneman has added to the economic understanding of
human motivations and rationality.”
The Global Development And Environment Institute was founded in 1993
with the goal of promoting a better understanding of how societies
can pursue their economic and community goals in an environmentally
and socially sustainable manner. The Institute develops textbooks
and course materials that incorporate a broad understanding of
social, financial and environmental sustainability. The Institute
also carries out policy-relevant research on globalization, climate
change, and the role of the market in environmental policy.
In addition to Amartya Sen and John Kenneth Galbraith, GDAE has
awarded the Leontief Prize to Paul Streeten, Herman Daly, Alice
Amsden, Dani Rodrik, Nancy Folbre, Robert Frank, Richard Nelson, Ha-Joon
Chang, Samuel Bowles, Juliet Schor, Jomo Kwame Sundaram, Stephen
DeCanio, José Antonio Ocampo, and Robert Wade.
The awards ceremony and Leontief Prize lectures will take place on
Tufts University’s Medford Campus in Spring 2010.
Read more about the Leontief Prize on the GDAE web site at:
http://www.ase.tufts.edu/gdae/about_us/leontief.html
Phillips Machine Again
Article on the Phillips Machine by a non-economist published in the
American Scientist:
http://www.americanscientist.org/issues/pub/2009/3/everything-is-under-control/1
Underpayments to Consumers by
the Health Insurance Industry
June 24, 2009
Testimony of Wendell Potter, Philadelphia, PA Before the U.S. Senate
Commerce, Science, and Transportation Committee Hearings on
"Consumer Choices and Transparency in the Health Insurance Industry"
June 24, 2009
Mr. Chairman, thank you for the opportunity to be here this
afternoon.
My name is Wendell Potter and for 20 years, I worked as a senior
executive at health insurance companies, and I saw how they confuse
their customers and dump the sick - all so they can satisfy their
Wall Street investors (cont.)
Confessions of an
Undergraduate Economics Student from Chicago
"I went to the University of Chicago several years ago. I studied in
their illustrious economics department as an undergraduate. There
are nearly 400 graduates per annum.
After I graduated I felt I was missing something in my economics
education. I went back and read the General Theory. Had I not done
this, I would have never heard of Keynesian economics, except in
passing about how it is “wrong”. (Sadly this is not an
exaggeration.)
I can safely say that, at a minimum, 80% of those UofC graduates
were in the same position of ignorance as me. And they were fine
with it because there were Nobel winners giving them A’s and
applauding their work of regurgitated free market drivel.
For example, the entirety of our required macro education consisted
of two quarters’ hashing and rehashing the GE models from Robert
Barro. The most ironic thing, as I see it in hindsight, is that so
much of this book was built around refuting Keynesian ideas: But
these were ideas we had never actually learned in the first place!
I fell in love with that Gothic campus but I do see how we were
living in the Dark Ages. I think about the leaders who came from the
same position as me and I shudder to think of how many mistakes we
are making as a result of this ideology."
— UChicago, Class of 2005
Available at
http://krugman.blogs.nytimes.com/2009/06/26/a-thought-about-macroeconomics/#comment-190529
Por uma realidade plural
A crise dá oportunidade para renovação de movimento pela reforma do
ensino de economia.
Será que
podemos conversar?
Conferencia de Franklin
Serrano, sobre el patròn dolar flexible.
Para seguir viendo clickear aca
Blog Grupo Lujan
http://grupolujan-circus.blogspot.com/
crash -- Why it happened and
what to do about it
Download the book
http://www.paecon.net/CRASH-1.pdf
From real-world economics review a free ebook
Contents
http://www.paecon.net/CRASH-contents.pdf
Introduction
http://www.paecon.net/CRASH-Introduction.pdf
La Revue de l'Entreprise
Le bi-mensuel tunisien "La Revue de l'Entreprise" m'a gentiment
consacré sa une ainsi qu'un long interview "Changer de paradigme
avec Keynes" qui reprend largement mon précédent article pour la
revue Constructif.
http://www.larevuedelentreprise.com/fr/detail-titre.php?titre_id=55
Haiku Economics
The recession -- something -- is bringing increased attention to my
(admittedly strange sounding) work on "Haiku
Economics."
Yesterday brought a terrifically good article by Erica Alini, at the
Real Time Economics blog of The Wall Street Journal:
http://blogs.wsj.com/economics/2009/07/02/amid-recession-economists-embrace-haiku/
In May I was interviewed in haiku form by the Chronicle of Higher
Education (Steve
Kolowich); there followed from it three appearances on National
Public Radio. Inspired by my interview, NPR issued a "recession
haiku challenge."
http://www.npr.org/blogs/money/2009/05/the_poetry_of_economy.html
The outpouring of hundreds of haiku about economics, written by NPR
listeners, was rather shocking, even to NPR, the journalists said.
On Dec. 31, 2008 The Wall Street Journal (Mary Pilon) did a page one
article on the nationwide outpouring of haiku and other short verse
and again my work was featured.
Haiku economics won't solve all our aching problems. But, as I argue
in my
forthcoming article, haiku can and does serve as more than
economic pain relief, 17 syllables at a time.
All the best,
Steve Ziliak
Depression Blog
I know many of you may already be reading this blog but I just
wanted to make sure everyone was aware of this interesting blog. A
person is reading the WSJ from the great depression on a day by day
basis and summarizing the paper. You can find this blog here
http://newsfrom1930.blogspot.com/
Méfaits de
l’euro
Vous trouverez ci-joint un article
de Sergio Rossi sur la politique de la BCE.
Top
|