From the Editor
I recently attended the
EAEPE Conference in Amsterdam. There were many
interesting sessions of which I could only
attend a few. I heard one interesting paper by
Marc Jacquinet on the contributions of
historical and economic sociology to economic
regulation and another one by Jordon Melmies on
Post Keynesian price theory. There was also a
session on pluralism and heterodoxy in
economics. Themes, comments, and feelings that
emerged from it included the notion that
pluralism should not be considered an important
value for economists because it offended
mainstream economists; that heterodox is a term
that should not be used and that economists
should not identify themselves as heterodox
economists; that young economists should not
spend much of their time studying heterodox
economics; and that graduate students from
heterodox programs were not competitive enough
on the job market relative to mainstream
students. No heterodox graduate programs were
named, but programs at UMKC, UM-Amherst,
American University, New School, SOAS, Bremen,
and the University of Sydney are the reference
targets. A rather strange session where
apparently the intent was to make heterodox
economists and their graduate students feel unwelcome
at EAEPE.
As noted in previous Newsletters, ICAPE will be
holding its 3rd International Conference on 3-5
June 2010 and its theme is “Failing Economies,
Failing Economics: Rebooting Economics after the
Crash”. Given the reception pluralism and
heterodox economics received at the EAEPE
Conference and various articles that have
appeared in the past few years basically saying
that pluralism is unimportant and all heterodox
economists should seek reabsorption into the
mainstream, I am interested in having a stream
of sessions at the ICAPE Conference on the
following topics:
Are Pluralist Economics Departments Possible:
Historical and current case studies—Notre Dame,
UMass-Amherst, UC Riverside, Rutgers, Cambridge
are possible case studies that come to mind, but
there must be others
Teaching pluralism in the economics classroom
Relationship between Pluralism-Intellectual
Tolerance and Verbal Denigration of Different
Theoretical Approaches—or Pluralism and Language
in economics
Does Pluralism Mean that all Economic Theories
Must be Theoretically Compatible with each
other?
Relationship Between Pluralism and Intellectual
Tolerance: Is it possible to be theoretically
different?
Is there pluralism within mainstream economics?
Within heterodox economics?
What is the relevance of pluralism for economic
theory? For example is there a pluralist
position about marginal products (or any other
mainstream or heterodox theoretical concepts)?
Or what role does pluralism play in developing
mainstream or heterodox microeconomic theory?
If you have any questions or would like to
submit abstracts, please e-mail me at
leefs@umkc.edu
or
umkcicape@umkc.edu.
At the ASSA in Atlanta, ICAPE will have an open
house on Saturday January 2, 2010 starting at
2.30pm. It will held at the Hilton Atlanta, room
Crystal D. The ICAPE annual meeting will start
at 3.00pm. It should not last more than an hour.
After the meeting (or current with the meeting),
there will be a meeting of the ICAPE 2010
Conference committee. All are welcome to attend.
Remember ICAPE has a booth at the ASSA
exhibition center. If you want to display
material, please contact me about it ASAP.
Because of my editorship of the American Journal
of Economics and Sociology, I have to step down
as the Executive Director of ICAPE. If you are
interested in becoming the Executive Director,
please send me an e-mail saying so. If no one is
forthcoming, then I will have to close ICAPE
down after the 2010 ICAPE Conference. ICAPE is
not the only thing under threat. I also need
someone to take over the editorship and
production of the Newsletter. I am in
conversation with colleagues at Buffalo State.
Whatever the New Year brings, one thing is for
certain, I will not be the editor of the
Newsletter.
Finally, I would like to bring your attention to
the Warren Samuels Prize for all you social
economists which is in the FYI.
Fred Lee
In
this issue:
|
Call for Papers |
|
- Call for URPE
Panels at the 2010 Left Forum
- STOREP 2010
- “Environment, Innovation and Sustainable development:
Towards a new technoeconomic paradigm?”
- The American Journal of Economics and Sociology
- SASE 2010 Mini-Conference
- A Century of May Days: Labor and Social Struggles
- SABE 2010
- L'entrepreneur, entre autonomie et incertitude
- Strikes and Social Conflicts in the 20th Century
- 2010 Economic & Business Historical Society Conference
- Industrial Relations
- Managing Financial Instability in Capitalist Economies
- The Effect of Crises on Distribution
- Where to Implement Innovative Economic Policies for
Climate Change Mitigation
- 14th Annual International Conference on Economics and
Security
- 1st IIPPE Conference
- International Conference of the Charles Gide
- 12th Conference of the Association for Heterodox Economics
- "Beyond the Crisis"
- Thirteenth World Congress of Social Economics |
|
Conferences, Seminars and Lectures |
|
- Association for
Evolutionary Economics (AFEE)
- The Legacy of Joan Robinson
- The recent developments in Post-Keynesian modelling
- FORUM DE LA RÉGULATION 2009
- KEYNES SEMINAR LIVE
- Research Unit in Politics & Ethics Events
- King's College London Reading Capital Society
- Saints or Sinners: the role of the media in the financial
crisis
- A Green Economics Conference/ Symposium
- Economics Department Seminar Series
- Overschooled but Undereducated: How the crisis in
education is jeopardizing our adolescents
- ANTHROPOLOGIES OF THE PRESENT
- "On Alain Badiou’s Theory of the Subject and Logics of
Worlds"
- Economie politique et macroéconomie appliquée
- The International Institute for Research and Education
(IIRE) Reading Group
- DISTINGUISHING "RELIGIOUS" FROM "ECONOMIC"
- THE GLOBALISATION LECTURES
- UNAM- La crisis financiera actual y sus secuelas
- Modern Economic and Social History Seminar |
|
Job Postings for Heterodox Economists |
|
- Marymount
Manhattan College
- Franklin & Marshall College
- WESLEYAN UNIVERSITY, Middletown, CT
- Ashcroft International Business School
- Verso London
- Roosevelt University
- Portland State University |
|
Heterodox Conference Papers and
Reports and Articles |
|
- Justice Denied: Dispute Settlement in
Latin America's Trade and Investment Agreements
- Why Has Domestic Revenue Stagnated in Low-Income
Countries?
- The Centre for Development Policy and Research
- PKSG Workshop on the Current Crisis
- Socialism in One Country
- General Perspectives on the Capitalist Development State
and Class Struggle in East Asia |
|
Heterodox Journals and Newsletters |
|
- American Journal of Economics and
Sociology
- The Journal of Philosophical Economics
- New Political Economy
- Levy News
- Challenge
- economic sociology - the European electronic newsletter
- eInsight
- Local Economy
- INTERVENTION
- Friends of Associative Economics Bulletin
|
|
Heterodox Books and Book Series |
|
- Joan Robinson
- PUT TO WORK
- Greed, Lust and Gender
- Money and Macrodynamics: Alfred Eichner and Post-Keynesian
Economics
- Rethinking Imperialism: A Study of Capitalist Rule
- The Trouble With Capitalism
- Climate Change in Africa
- Science and Technology for Development
- The Social Economy
- The Priest of Paraguay
- The Audacity of Races and Genders
- Egypt
- Women and War in the Middle East
- Free Trade Doesn’t Work: Why America Needs a Tariff
- MORBID SYMPTOMS
- Reflexivity and Development Economics
- The Global Environment of Business
- Curbing Bailouts
- Research Confidential
- Striving to Save
- ZED BOOKS IN DEVELOPMENT STUDIES
- No Rich, No Poor
- Rethinking Imperialism: A Study of Capitalist Rule
- Routledge International Studies in Business History
- After the Crash
|
|
Heterodox Book Reviews |
|
- Money, Markets, and Sovereignty
- CHINA’S THREE DECADES OF ECONOMIC REFORMS
- Socialist Standart- Book Reviews |
|
Heterodox Graduate Program and PhD
Scholarships/Research Fellowships |
|
- Graduate programs offering study in
feminist economics |
|
Heterodox Web Sites and Associations |
|
- Real-World Economics Review Blog |
|
For
Your Information |
|
- I wanna be an Economist
- Economic Crisis Hits States and Municipalities
- Big Tobacco Strikes Back at Historian in Court
- An Old Master, Back in Fashion
- Mathematicians Against Free Trade
- Online Petition for Tougher Financial Regulation in Europe
- Europeans for financial reform
- Lending must support the real economy
- Steelworkers Seek Job Creation via Worker-Owned Factories
- Ssangyong Motors Strike in South Korea Ends in Defeat and
Heavy Repression
- Warren Samuels Prize
- Réseau de Recherche sur l’Innovation
- Research Network of Innovation
- Building a Solidarity Economy
- Smith's 'invisible hand' was an ideal- not a reality |
|
|
Call for Papers
Call for URPE
Panels at the 2010 Left Forum
Pace University, NYC -- March 19-21
www.leftforum.org
The 2010 Left Forum will take place at Pace University (NYC) for the
second year in a row. Pace has lots of room for panels, so it will
be easier to have panels accepted than it had been for a number of
years previous to last year.
The Left Forum deadline for panel submissions will be Dec. 1. This
does not mean the entire panel has to be completely organized --
they are expecting an outline -- but the closer to being complete
your panel is, the more likely it is to be accepted. See more info
on what LF is looking for here (diversity, different opinions in the
same panel, etc.):
http://www.leftforum.org/panelsubmission2010
URPE members can submit panels to the LF either independently or
with URPE sponsorship. The advantage of URPE sponsorship is that you
will get more publicity within URPE and you will get help with
organizing your panel. The LF may or may not list the sponsoring
organizations in its brochure and on its website (it did in the
past, but did not last year). And URPE sponsorship may help your
panel get accepted by the LF.
The URPE deadline for submissions of URPE-sponsored panels is
Thursday, November 19. That is because the fall steering committee
meeting is the weekend of November 21-22, and a committee of the SC
will review URPE at LF submissions that weekend, and make a decision
on which panels will be sponsored by URPE. (Again, you can still
submit panels independently, in which case you don't need to go
through URPE.)
Costs: In the past each panel paid $125 to the Forum. Usually this
fee was raised by dividing the cost of the panel among the panelists
and chair (usually 3-5 people); once this panel fee was paid,
however, all members of the panel were entitled to attend the entire
conference without paying individual registration fees.
SEE LF WEBSITE -- PAYMENT HAS
NOT BEEN DECIDED FOR THIS YEAR.
People who attend the LF are well-informed but most are not
economists. Panels should be on topics of general interest. Please
be prepared to make a major contribution toward organizing your
panel, but be open to the possibility of accepting additional
suggestions of panelists from URPE or from the 2010 LF organizers.
The factors involved in determining which panels will be sponsored
by URPE include: how many panels apply; whether your panel is of
general interest; whether a panel on the same topic has already been
accepted by the 2010 Left Forum; whether URPE decides to co-sponsor
panels with other organizations; how much effort you are able to
contribute toward organizing your panel; whether it is possible to
form a complete panel from your suggestion; and whether you have
been in an URPE panel recently.
The organizers of the conference work closely with URPE panel
organizers, and may have some voice in which panels are accepted.
Last year they said that they would try to honor URPE's choice of
one or two panels, but they also said that they will have final say.
It is possible, but not likely, that individual papers will find a
place on another panel in the LF.
Please e-mail panel suggestions to
soapbox@urpe.org by November 19.
The URPE Steering Committee will try to find a place in another
conference for panels that are left out. People in or near NYC might
consider participating in a panel at the Brecht Forum, which is
eager to have URPE panels.
STOREP 2010
Il VII Convegno Annuale dell’Associazione Italiana per la Storia
dell’Economia Politica (STOREP) sarà ospitato dal Dipartimento di
Sociologia e Ricerca Sociale e dal Dipartimento di Economia
dell’Università di Trento dal 30 maggio al 1 giugno 2010. Il tema
centrale della conferenza è: Pubblico e privato in economia: i
confini sfuggenti. Come nei precedenti convegni STOREP, proposte di
paper o di sessioni su tutti gli altri aspetti della storia del
pensiero economico sono benvenute.
Un abstract di non oltre 200 parole per i paper, e una breve
descrizione di non oltre 400 parole del tema, della motivazione,
degli autori e dei titoli delle relazioni per le sessioni, devono
essere inviati prima del 31 gennaio 2010 a:
segretario@storep.org.
L’accettazione del paper sarà comunicata entro il 20 febbraio 2010.
La versione completa del paper dovrà essere inviata entro il 10
maggio 2010.
Il call for paper e ulteriori informazioni sono disponibili alla
pagina web
http://events.unitn.it/storep2010
STOREP 2010
The 7th Annual Conference of the Italian Association for the History
of Political Economy (STOREP) will be hosted by the Department of
Sociology and Social Research and the Department of Economics of the
University of Trento from May 30th to June 1st 2010. The special
theme of the conference is: The shifting boundaries between public
and private in economics. As with past STOREP conferences, proposals
of sessions or submissions of papers concerning any other aspect of
the history of economic thought are also welcome. Paper abstracts of
no more than 200 words or a brief ( 400 words) description of theme,
motivation, authors and paper titles for a session should be
submitted to:
segretario@storep.org. The deadline for submissions is
January 31st, 2010. The Scientific Committee will send notice of
acceptance or rejection within February 20th, 2010. Completed papers
will be due by May 10th, 2010.
Call for paper and further information are available at
http://events.unitn.it/storep2010
“Environment, Innovation and
Sustainable development: Towards a new technoeconomic paradigm?”
Twenty years after the Brundtland report, the concept of sustainable
development is still considered as innovative, even if it is subject
to many criticisms. To be sustainable, development must integrate
three dimensions: economic, social and environmental. The
accomplishment of these three dimensions calls for radical technical
and socio-economic innovations.
Communication proposals
Communication proposals of two pages should include an abstract
explaining the problematic, the method used and a bibliography.
Proposals must be sent with the completed enclosed “communication
proposal form” (by email).
Sessions may also be proposed: a session includes four communication
proposals. Please indicate the title of the session and include the
four or five communication proposals germane to your proposal.
Send communication proposals to:
Conference Secretariat: Mrs Vozinaki Irini
ceisd2010.conference@enveng.tuc.gr
Calendar
- Deadline for sending communication proposals: March 1, 2010
- Decision of the scientific committee: May 1, 2010
- Deadline for final papers: September 10, 2010.
Click
here for detailed information.
The American Journal of Economics and
Sociology
Submit your paper to The
American Journal of Economics and Sociology
The American Journal of Economics and Sociology (AJES) was founded
in 1941, with support from the Robert Schalkenbach Foundation, to
provide a forum for continuing discussion of issues raised and
emphasized by the American political economist, social philosopher,
and activist, Henry George (1839-1897).
The AJES welcomes any submission that critically investigates the
social provisioning process utilizing different theoretical and
methodological approaches; that engages in
critical analysis and empirical studies of current social-economic
micro and macro policies affecting the social provisioning process;
and that evaluates past and current
intellectual arguments and disciplinary developments primarily in
economics and sociology (but also in the related disciplines of
anthropology, political science, and law) which had or currently
have an impact on understanding and investigating the social
provisioning process.
Articles that offer an interdisciplinary perspective are encouraged.
For policy-oriented articles, it is appropriate and encouraged to
discuss the public policy implications (if any) of the findings.
The AJES also has a 'Comment and Analysis' feature that allows
scholars to 'sound off' about events so long as the ideas are
presented in a logical and coherent framework, references are
provided, and the whole project amounts to an interesting essay in
persuasion presented in a mature professional way.
Each year AJES issues a special supplementary issue to all
subscribers containing an important and interesting monograph in an
ongoing series entitled Studies in Social Reform and Economic
Justice. In addition, each year there may be one issue is entirely
devoted to an important thematic topic and scholars are invited to
contribute from all around the world.
Submit your paper today!
Authors should e-mail their papers, with any artwork or
illustrations, to:
Professor Frederic S. Lee
Department of Economics
University of Missouri-Kansas City
5100 Rockhill Road,
Kansas City, Missouri 64110
USA
E-mail: ajes@umkc.edu
Submissions should be typed in English, double-spaced, with all
notes at the end of the paper. A reference list with the full 'facts
of publication' must be included as well. Authors should consult a
recent copy of the AJES for examples of satisfactory reference
pages.
SASE 2010 Mini-Conference
“Evolutionary Regulation: Rethinking the Role of Regulation in
Economy and Society”
jointly convened by Reuven Avi-Yonah, Yuri Biondi and Shyam Sunder
Call for papers:
http://yuri.biondi.free.fr/downloads/SASE2010ConferenceRegulation.pdf
Conference web site: www.sase.org
Presentation:
Transformations driven by deregulation, technological change,
financialisation, and globalization, international accounting
convergence, and the ongoing financial crisis have challenged our
settled modes of regulation. They have provoked the development of
disparate and even rival modes of regulation, and raised questions
about the received perspectives on the role of the State and of the
Law. In regulatory evolution, intentional design, unintended
consequences, learning, and dynamic adjustments interact, and every
global or local regulator must settle the delicate balance between
principles, norms and rules in this evolutionary context. This
special session aims to contribute to the current debate by
convening scholars from different perspectives and disciplines to
address this evolutionary process of regulation and its implications
for economy and society.
Agenda:
*Submissions should comply with the rules of the SASE 2010 Annual
Meeting, and include a short biographic note and research summary
foreach Author;
*Deadline for submissions: 31 January 2010, through the SASE website
*Notification of acceptances to authors by 1 April 2010;
*Submission of conference papers by 1 June 2010.
A Century of May Days: Labor and
Social Struggles
International Conference
In Chicago during May Day weekend 2010, there will be a conference
to discuss, debate and analyze labor and social struggles B both
past and present.
Call for Papers, workshop and panel proposals*
We hope to cover an array of important historical and political
topics. In addition to purely academic pursuits, conference
participants will have the opportunity to participate in the May Day
rally organized by the Chicago Federation of Labor and the Illinois
Labor History Society. If there is sufficient interest, we will set
up a Chicago labor history tour.
Initial list of participants and endorsers: Illinois Labor History
Society; James Thindwa, In These Times; Suzie Weissman, Saint Mary’s
College of California; Bryan Palmer, Labour/Le Travail (Canada);
Ronald van Raak, M.P. (The Netherlands); Kim Bobo, Interfaith Worker
Justice; Michael McIntyre, DePaul University; Peter Hudis, Loyola
University; Sungur Savran, Author (Turkey); Lea Haro, University of
Glasgow (Scotland); George Gonos, SUNY-
Potsdam; Janine Hatman, University of Cincinnati; Lauren Langman,
Loyola University; Alexander Pantsov, Capital University; Francis
King, Secretary–Socialist History Society (London); Mark Lause,
University of
Cincinnati; Eric A. Schuster, Truman College; Knud Jensen, DPU
Aarhus University (Copenhagen); Axel Fair-Schulz, SUNY- Potsdam; JP
Page, CGT (France); Dianne Feeley, Against the Current; Kevin
Anderson, UC – Santa Barbara; Fritz Weber (Vienna); Jerry Harris,
DeVry University; Joe Berry,
University of Illinois; Theo Bergmann, (Stuttgart); Dan LaBotz,
Author (Cincinnati); Sobhanlal Datta Gupta,. Surendra Nath Banerjee
Professor, Calcutta University. (India); Spectre Magazine (Belgium);
Steven McGiffen,
American Graduate School of International Relations (Paris); Len
Kaufmann (Wisconsin); William A. Pelz, Institute of Working Class
History (Chicago) Further details:
mayday1890.2010@gmail.com or write:
Institute of Working Class History
2335 W. Altgeld Street
Chicago, IL. 60647-2001 U.S.A.A
www.mayday2010.info
*by December 15th
SABE 2010
Meetings of SABE, the Society for the Advancement of Behavioral
Economics, in San Diego, 2-5 August 2010
Conference Themes: (1) unifying the social sciences through
behavioral economics, (2) behavioral economics and the family, and
(3) behavioral economics and neuroscience.
We are especially interested in papers on Hayek as a forerunner of
behavioral and neuroeconomics. Topics include but certainly not
limited to Hayek's theory of mind; the relevance of his Sensory
Order on his economic philosophy; his views on human psychology,
human rationality, and decision making.
Participants may submit extended abstracts of papers or proposals
for an entire session about one of the topics of the three mini
conferences, or any other topic relevant to behavioral economics.
Please submit papers via Conferencemaker at
https://editorialexpress.com/cgi-bin/conference/conference.cgi?action=login&db_name=SABE2010
The deadline for submissions is March 15, 2010. For proposed
sessions: please ask all participants to submit their papers and
email the organizer about your proposed session.
You will be notified by April 20, 2010, whether or not your
submission has been accepted for presentation. Please register at
http://sabe2010.org/
Hotel rates as low as $89 a night are available.
For further information please contact either Roger Frantz (
rfrantz@mail.sdsu.edu
) or Shoshana Grossbard (
sgrossba@mail.sdsu.edu ).
L'entrepreneur, entre autonomie et
incertitude
Appel à articles pour la Revue française de socio-économie.
On assiste depuis une vingtaine d'années à un renouvellement des
recherches sur les entrepreneurs. Nous entendons par entrepreneur un
acteur recherchant un profit personnel par la direction d'une
entreprise, par l'indépendance professionnelle ou par la conduite
d'activités salariales présentant un degré élevé d'autonomie. Cette
définition, certes large, a le mérite de mettre en relief
l'autonomie de ces acteurs et la spécificité des activités
entrepreneuriales, consistant à rechercher et à identifier des
opportunités de profit en contexte d'incertitude.
Dans la lignée de Schumpeter, une première vague de recherches
s'était centrée sur les conditions d'émergence d'un entrepreneur
considéré comme héroïque et doté de qualités exceptionnelles
d'innovation, de volonté, d'énergie... Ces travaux ont été fortement
critiqués en particulier pour leur tendance individualisante. Le
regard s'est depuis déplacé vers l'environnement, les réseaux
relationnels et les différents dispositifs institutionnels et
équipements techniques des entrepreneurs. Contrairement au précédent,
ce courant de recherche envisage l'entrepreneur comme le produit
d'un collectif. Il est alimenté par des enquêtes sur des terrains
variés : les créateurs d'entreprises, l'économie informelle, les
districts industriels, les jeunes entreprises innovantes, les
artisans... Des recherches ont par exemple mis au jour le poids de
la position des entrepreneurs dans les réseaux sociaux sur leurs
marges bénéficiaires ou l'impact des réseaux ou des dispositifs (juridiques,
organisationnels, cognitifs) sur la création d'entreprises. Les
carrières et trajectoires de cadres dirigeants constituent un autre
objet de recherche de ce champ, éclairant les processus de couplage
et de découplage, d'encastrement et d'autonomisation.
Il s'agit d'un thème de recherche particulièrement propice aux
fertilisations croisées entre la sociologie, de l'histoire, de
l'économie, des sciences politiques, de l'anthropologie et des
sciences de gestion. Cet appel est ouvert aux contributions de ces
différentes disciplines des sciences sociales.
Date limite d'envoi des articles : 4 janvier 2010.
Les articles d'une longueur maximale de 60 000 signes espaces
comprises, doivent parvenir par voie électronique à l'adresse
électronique suivante :
rf-socioeconomie@univ-lille1.fr. Ils doivent
impérativement être présentés selon les normes formelles de la
revue.
Celles-ci peuvent être téléchargées sur le site de la Revue
française de socio-économie :
http://rfse.univ-lille1.fr.
Pour tout complément d'information, contacter
rf-socioeconomie@univ-lille1.fr
Strikes and Social Conflicts in the
20th Century
Call for Papers
International Conference
Strikes and Social Conflicts in the Twentieth Century Lisbon, 17,
18, 19 March, 2011
The Institute of Contemporary History (New University of Lisbon),
the International Institute of Social History (Amsterdam), The
Archive Edgard Leuenroth (Unicamp/Brasil), the Centre for the Study
of Spain under Franco and Democracy (Autonomous University of
Barcelona) and the Maison des Sciences de l'Homme (France) start the
call for papers for the International Conference on Strikes and
Social Conflicts in the Twentieth Century that will take place in
Lisbon between 17 and 19 March 2011.
The twentieth century has been confirmed as the century when the
capital-labour conflict was most severe. The International
Conference on Strikes and Social Conflicts in the Twentieth Century
will host submissions on the strikes and social conflicts in the
twentieth century and works on the theoretical discussion on the
role of unions and political organizations. We also invite
researchers to submit papers on methodology and the historiography
of labour.
We welcome submissions on labour conflicts that occurred in
factories, universities or public services, on rural and urban
conflicts and also on conflicts that developed into civil wars or
revolutions. National and international comparisons are also
welcome.
After the Russian revolution the relative strengths of capital and
labour were never again the same, with a period of revolution and
counter-revolution that ended with World War II. Protagonist of the
victory over fascism, the labour movement found itself neglected in
the core countries under the impact of economic growth in the 1950s
and the 1960s. But May 1968 quickly reversed the situation, with a
following boom of labour studies during the 1970s. Nevertheless once
the crisis of the 1970s was over, capital has regained the
initiative, with the deterioration of labour laws, the crisis of
trade unions and the subsequent despise in the academy for the study
of social conflicts. The recent crisis, however, shows that workers,
the ones who create value, are not obsolete. The social movements
regain, in the last decade, a central role in the world.
The intensification of social conflicts in the last decade promoted
a comeback to the academia of the studies on labour and the social
movements. This conference aims to be part of this process: to
retrieve, promote and disseminate the history of social conflicts
during the twentieth century. Calendar
Papers submission: January 2010 - 30th June 2010
Notification of acceptance: July 30th, 2010
Papers: December 15th, 2010
Conference: March, 17-19, 2011
Important: The deadline for delivery of completed papers/articles is
15th December 2010. For reasons of translation no papers will be
accepted after this date. The paper should be no longer than 4000
words (including spaces) in times new roman, 12, line space 1,5. For
Registration Form see below.
Conference languages are Portuguese, English, French and Spanish
(simultaneous translation Portuguese/English).
more info
http://labourhistory.net/news/i0910_16.php
2010 Economic & Business Historical
Society Conference
BRAGA, PORTUGAL
(MAY 27 - 29)
The Economic & Business Historical Society welcomes proposals for
presentations on all aspects of business and economic history at its
35th annual conference at Braga, Portugal, May 27-29, 2010. Composed
of more than one hundred North American and international members,
the Economic & Business Historical Society offers its members and
conference participants an opportunity for intellectual interchange
within a collegial interdisciplinary group. The Society holds its
annual convention in locations of historical significance. Both the
annual membership (regular: $30; graduate student: $20) and
conference registration fee ($135) are modest. We also offer special
conference rates for graduate students ($8) and early researchers
(first 4 years after doctorate has been earned; $90). Papers
presented at the conference may be submitted for publication in the
Society's peer reviewed journal, Essays in Economic and Business
History, edited by Janice Traflet, Bucknell University.
The Society seeks proposals for both individual papers and panel
sessions. Proposals for individual papers should include an abstract
of no more than 500 words, a brief CV, postal and email addresses,
and telephone and fax numbers. Panel proposals should also suggest a
title and a panel chair. Graduate students and non-academic
affiliates are welcome. Submissions imply that at least one author
will register for the conference and be present at the time
designated in the conference program. To be included in the
proceedings and to be eligible for publication in the Essays in
Economic and Business History, the paper must be presented by one of
the authors at the conference.
EBHS can not guarantee that an applicant will be granted entry into
Portugal. Attendees need to check the requirements for nationals
from their respective country for entry into the European Union.
U.S. citizens generally do not require visas for short duration
stays in most European countries. Submissions by scholars from
countries requiring an entry visa into Portugal must apply early and
make the necessary arrangements with the local Portuguese Consulate.
The deadline for submission is December 15th, 2009.
- Formal letter of acceptance of abstracts will be send on or before
l January 8th, 2010 .
- Earlier submissions will receive letter within 2 months of
submission
Conference registration should be completed on before March 31st,
2010.
- Completed papers must be submitted to the panel chair and other
panel members no later than March 31st, 2010.
- To receive the conference rate, rooms must be reserved by March
24th, 2010. Please note each hotel has a limited number of rooms, so
make your reservation early.
Proposals may be submitted
- on line:
http://www.ebhsoc.org/papers.html
- by email to: Neil Forbes, 2010 Program Chair at
2010ebhs@gmail.com
- or by Mail to:
Neil Forbes
Director of Postgraduate Research
Coventry University
GE Building
Priory Street
Coventry CV1 5FB
United Kingdom
For more information:
http://www.ebhsoc.org/index.htm
Industrial Relations
Submit Your Paper to the Industrial Relations Special Issue
Special Issue on alternative ways of understanding the role of
institutions in the employment relationship
Whilst there is a general consensus across much of the industrial
relations literature that institutions matter, there is rather more
debate as to what exactly institutions are, how they operate, and
their long-term effects on work and employment relations.
Institutions have variously been conceived in a rational
hierarchical way, in terms of the structuralist tradition, as
centers of webs of relationships, or as dynamic and evolving
structures temporarily stabilizing accumulation regimes. Recent work
has focused on the nature of internal diversity within specific
institutional settings, and the experimental and contested nature of
systemic change.
The special issue seeks to bring together perspectives from
alternative theoretical traditions, enriched by empirical work
focusing on the consequences for understanding work and employment
relations in different national contexts.
Industrial Relations articles as they publish
It is hoped that the special issue will consolidate and extend the
existing literature and showcase the latest thinking in the area,
help map out potential directions for the development and extension
of existing paradigms, and promote the more rigorous use of theory.
We believe that given its timing, the symposium is likely to become
a standard reference on the subject for years to come.
We invite papers that provide high-quality research to extend our
knowledge of the institution’s role in work and employment. Papers
can be from different theoretical perspectives and use different
methods, but must constitute fresh work, which genuinely advances
existing debates.
The deadline for submissions is 31 March 2010.
The guest editors of the special issue are very happy to discuss
initial ideas for papers, and can be contacted directly:
ADRIAN WILKINSON
Adrian.Wilkinson@griffith.edu.au
GEOFF WOOD
g.t.wood@sheffield.ac.uk
About Industrial Relations
Corporate restructuring and downsizing, the changing employment
relationship in union and nonunion settings, high performance work
systems, the demographics of the workplace, and the impact of
globalization on national labor markets - these are just some of the
major issues covered in Industrial Relations. The journal offers an
invaluable international perspective on economic, sociological,
psychological, political, historical, and legal developments in
labor and employment.
Managing Financial Instability in
Capitalist Economies
Economics ejournal
Special issue on "Managing Financial Instability in Capitalist
Economies"
Editors: Thomas Lux, University of Kiel, and Marco Raberto,
Reykjavik University
http://www.economics-ejournal.org/special-areas/special-issues/managing-financial-instability-in-capitalist-economies
Abstract:
We invite authors to submit papers for the Special Issue on
“Managing Financial Instability in Capitalistic Economies”. This
special issue follows the MAFIN09 workshop on the same topic held in
Reykjavik, September 3rd-5th 2009, but is open also to contributions
not presented in it.
Special Issue Purpose
The special issue aims to present new modeling paradigms in
financial economics able to understand the causes and the dynamics
of financial and economic crises and to devise proper economic
policies for recovering a capitalist economy from a deep recession
due to a credit crunch or a collapse in assets values.
Background
The current financial and banking crisis and the subsequent severe
economic recession have dramatically demonstrated the importance of
financial and credit markets in modern economies. According to
mainstream approaches to economics, the structure of financial
liabilities only has limited influence on aggregate economic
activity. Capitalist economies are viewed as essentially stable and
tending towards steady growth; and the investment-finance linkage is
considered at the most as an amplifying mechanism of shocks
exogenous to the economy. A different, unduly neglected strand of
research emphasizes the role of the investment-finance link not just
as a propagator of exogenous shocks but as the main source of
financial instability and business cycles. In this tradition,
endogenous boom-and-bust cycles might be due to excessive risk
taking and overinvestment during good times. While this approach has
long been dormant because of its abandonment of complete rationality
of agents, the crisis has brought to the fore the importance of such
explanations for ongoing events. On the theoretical side, recent
developments in statistical equilibrium approaches to economics,
alongside with the emergence of behavioral and agent-based models,
have indicated the way to overcome the limitation of traditional
equilibrium-based analytical models characterized by fully rational
representative agents.
Topics
The aim of the special issue is to solicit and publish papers that
provide a new and fresh perspective in financial and economic
modelling. We therefore encourage submissions on topics of relevance
for this special issue from following areas:
* Agent-based computational economics
* Behavioural finance and economics
* Economics of heterogeneous and interacting agents
* Evolutionary economics
* Financial Keynesianism and financial fragility
* Financial engineering and regulation
* Econophysics
* Management of endogenous and systemic risk
* Non-linear financial econometrics
* Statistical equilibrium in economics
Deadline for Paper Submissions : November 30, 2009
The Effect of Crises on Distribution
Economists and the public discussion have so far failed to focus on
what the recent global crisis may spell for the distributional
consequences. It is with this in mind, that the Economic Student
Union at The New School for Social Research would like to invite you
to present abstracts for a conference on “The Effect of Crises on
Distribution.”
The conference is to be held on March 5, 2010 at The New School
University, New York and is co-sponsored by the Economic Student
Union, the Schwartz Center for Economic Policy Analysis (SCEPA), and
the Department of Economics.
Major themes of the conference include the effects of historical and
current economic crises on the distribution of income and wealth,
labor, capital and finance, gender, global power relations, and the
policies used and required to address these issues.
Speakers at the conference will include scholars from academia and
multilateral organizations. We look forward to papers from a variety
of backgrounds to stimulate debate and improve our understanding of
distributional issues
Selected papers from the conference proceedings and from the
submitted papers will be published as a special issue of the New
School Economic Review. Please submit abstracts via e-mail to
nssreconconference@gmail.com on or before December 15,
2009.
Abstracts should include: Paper Title, Full Name, Affiliation
(Institution), Current Position, and an email address. Submissions
will go through a double blind review process. Space is limited so
early submission is suggested.
Conference Organizer:
Lacey Keller
kelll921@newschool.edu
Where to Implement Innovative
Economic Policies for Climate Change Mitigation
Seriously concerned with global climate change but optimist that
mitigation is still possible, the Economics Web Institute has
solicited heterodox economists to devise innovative economic
policies to be integrated in effective and fair climate change
mitigation efforts at every geographical and industry level.
Scholars from such a wide range of countries as Australia,
Azerbaijan, Belgium, Denmark, France, Kenya, Hungary, India, Italy,
Iran, Mauritius, The Netherlands, Poland, Singapore, Slovakia,
United Kingdom have accepted this challenge, providing a unique
international and multi-polar perspective, expressed in a newly
published book.
Read it for free, select the policies that better fit a context you
know well, and write a paper on the subject.
The best three papers will receive a money prize and all deserving
papers will be summarized and quoted in the updated version of the
book foreseen for early 2010. They will also qualify for
participation in a conference in Sept. 2010.
The deadline, the rules of the call and the way to get the book are
here:
http://www.economicswebinstitute.org/innopolicymitigation.htm
where you can also download a synthesis of the policies.
Valentino Piana
Director of the Economics Web Institute
http://www.economicswebinstitute.org
14th Annual International Conference
on Economics and Security
17th-18th June 2010
Izmir, Turkey
Hosted by:
Ekolider, Izmir University of Economics and Economics Department,
Middle East Technical University (METU).
Venue:
Izmir University of Economics, Izmir, TURKEY
Background and conference topic:
EKOLIDER of the Izmir University of Economics and Middle East
Technical University are honoured to host the 14th Annual
International Conference on Economics and Security.
Click
here for detailed information.
1st IIPPE Conference
I am pleased to send you the call for papers for the 1st IIPPE
conference to be held in Rethymnon, Crete, 10-12 September 2010. The
deadline for submission of paper summaries is 31 March 2010,
although earlier submission is advised. For all relevant
information, please see the attached document. In case of any
questions, you can contact us at
iippe@soas.ac.uk.
International Conference of the
Charles Gide
Call for papers (Deadline: November 27, 2009) Organised by PHARE (Pôle
d’Histoire de l’Analyse et des Représentations Economiques) — Paris
– May 27 to 29, 2010
PHARE (University of Paris I Panthéon-Sorbonne) organizes in Paris
from May 27 to 29, 2010 the 13th Biennial International Conference
of the Charles Gide Association for the Study of Economic Thought
(ACGEPE). The theme of the conference is “Institutions in Economic
Thought”, but communications in history of economic thought on other
issues are also welcomed.
Click
here for detailed information.
12th Conference of the Association
for Heterodox Economics
The Economy of Tomorrow
7-10 July, 2010
University of Bordeaux, France
The Economy of Tomorrow.
- Social aspects, i.e., labour markets, pensions, work-time, systems
of social security, income distribution, poverty, human development,
etc.
- Financial aspects: financialization, capital mobility, corporate
governance, credit crunch, taxes on international monetary
transactions, financial innovations, etc.
- Environmental aspects: productive and consumption models,
eco-innovations, environmental regulations and governance,
alleviation or adaptation to global warming, new cities, etc.
- North-South relations: trajectories of emerging countries, new
world order, international trade, development aid, development
cooperation
- Economics: pluralism in research and teaching, research
evaluation, economists/decision-makers relationships, etc. Click
here
for guidelines.
THEME
Proposal of ADEK (Association for the development of Keynesian
Studies)
MODELING THE FUTURE
The Future of Post Keynesian Economics
Organiser: ADEK, Edwin Le Heron, President of the ADEK, IEP de
Bordeaux
The general idea is to deal with issues that make post Keynesians
relevant to address the main challenges of the 21st century, namely:
- How to integrate radical uncertainty, the place of psychological
variables, of the conventions, of power, etc.?
- Alternative approaches to financialization and finance-led
capitalism.
- How to integrate the ecological constraint? How to deal with
Sustainable development? How to conciliate the place of money or
growth theory with a sustainability-based approach?
- Alternative strategies of development and North-South
relationships.
- Modeling the future: stock-flow consistent models.
Proposal for themes:
Please send a short title for the theme as well as a short
description of the papers that are requested and the name of panel
organisers or organiser. Please send these by email only to the
local organiser Ali Douai (
ali.douai@u-bordeaux4.fr
), AND the AHE coordinator, Alan Freeman (
afreeman@iwgvt.org ). Text,
HTML, Word and PDF format attachments are acceptable.
"Beyond the Crisis"
INTERNATIONAL INITIATIVE FOR PROMOTING POLITICAL ECONOMY (IIPPE)
and
GREEK SCIENTIFIC ASSOCIATION OF POLITICAL ECONOMY FIRST
INTERNATIONAL CONFERENCE IN POLITICAL ECONOMY RETHYMNON, CRETE,
SEPTEMBER 10-12, 2010
“BEYOND THE CRISIS”
Pre-amble: Following its three previous highly successful
international research workshops for students in Crete, Naples and
Ankara, the International Initiative for Promoting Political Economy
(IIPPE) is now holding its FIRST INTERNATIONAL CONFERENCE IN
POLITICAL ECONOMY, co-organised with the Greek Scientific
Association of Political Economy, and open to application from all
engaged in political economy. Summaries of papers for consideration
for inclusion (maximum 1000 words) should be submitted by 31st of
March 2010 to iippe@soas.ac.uk
with subject heading IIPPE
CONFERENCE 2010. Full papers are required to be made available by 30
June 2010 for pre-circulation to Conference participants. It will be
possible to attend the Conference without submitting a paper but
numbers will be limited. There will be some funding available
forthose who are unable to rely upon institutional support for
participation, with special provision for research students.
Thirteenth World
Congress of Social Economics
Social Economics, the Social Economy, and Wellbeing
June 28 – July 1, 2010
Karl Polanyi Institute of Political Economy
Concordia University
Montreal, Quebec, Canada
The conference will take place on the downtown campus of Concordia
University in the heart of multilingual, multiethnic Montreal, in
the midst of a multitude of cafes, bookstores, restaurants,
boutiques, museums, art galleries, B&Bs, and hotels. Concordia is
also not far removed Montreal's three other universities: McGill,
Montreal, and UQAM (University of Quebec in Montreal). It is also
walking distance or a short metro or bus ride to the Old City, the
well-restored centre of Canada second oldest cities and one of the
oldest urban centers in North America.
Sessions begins on Friday, June 29th with the opening reception the
evening of June 28th.
Click
here for detailed information.
Top
Conferences, Seminars
and Lectures
Association for Evolutionary
Economics (AFEE)
Annual Program
January 2-5, 2010, Atlanta, GA
All sessions will be held at the Hilton Atlanta
Download the program
here.
The Legacy of Joan Robinson
Geoff Harcourt will speak on "The Legacy of Joan Robinson" at 5 pm
on Thursday 26 November in the Nihon Room at Pembroke College,
Cambridge.
Modern Economic and Social History Seminar. Affiliated with the
History and Policy network,
www.historyandpolicy.org
All are welcome to attend and to join the speakers and convenors for
local hospitality afterwards. Further details at
http://www.hist.cam.ac.uk/seminars_events/seminars/modern-economic-social-history.pdf
The recent
developments in Post-Keynesian modelling
The task group “Post-Keynesian analyses and modeling” of the CEPN is
happy to announce its first conference on
The recent developments in Post-Keynesian modelling
November 20th and 21st 2009 in Paris 13
During the past few years, a significant renewal and development of
dynamic Post- Keynesian modeling has taken place. This symposium is
aimed at presenting and exploring further the most recent advances
associated with this trend. The main fields of contemporary
Post-Keynesian modeling will be explored, with special focus on
stock-flow consistent models a la Godley- Lavoie; Kaleckian models
of growth and income distribution; Kaldorian models with path
dependency and cumulative causation; disequilibrium models of the
business cycle a la Chiarella and Flaschel. In this framework the
main issues taken up will be the relation between inequality and
growth, the nature of the finance-led growth regime and its crisis,
international disequilibrium and its persistency, and the links with
political economy.
Click
here for detailed information.
FORUM DE LA
RÉGULATION 2009
1-2 décembre 2009, Paris
P R O G R A M M
E (version du 15/11/2009) mardi 1 décembre
lieu : Ecole normale supérieure (salle Dussane), 29 rue dʼUlm 75005
Paris
9h accueil des participants
9h30 > 12h séance plénière n°1
lieu : Maison des Sciences Economiques (Université Paris-Sorbonne),
106-112 bd de lʼHôpital 75013 Paris (M° Campo-Formio).
14h > 18h30 ateliers en séances parallèles (sessions A et B)
mercredi 2 décembre
lieu : Maison des Sciences Economiques (Université Paris-Sorbonne),
106-112 bd de lʼHôpital 75013 Paris (M° Campo-Formio).
9h >12h30 ateliers en séances parallèles (sessions C et D)
14h > 17h séance plénière n°2 et n°3
KEYNES SEMINAR LIVE
On Tuesday 24 November, Giuseppe Fontana will speak about his new
book “Money, Uncertainty and Time” and Alberto Feduzi will respond.
The seminar will take place at 4 pm in the Judge Business School
Auditorium Lounge, Robinson College, Cambridge and will finish no
later than 5.30 pm. Further details can be found at
http://www.postkeynesian.net/keynes.htm
Research Unit in Politics & Ethics
Events
The Libertarian Impulse: Theories, Histories, Comparison
Seminar series 2009-2010 academic year
From October 2009 until March 2010 RUPE will hold a series of
seminars on the theme of libertarian politics and theory. With the
collapse of state socialism, the unseemly decline of social
democracy, and with the devolving of liberalism into a narrow
politics of security, we believe it is high time to turn to
political heresies like anarchism, left-libertarianism and
autonomist Marxism, which have existed until now on the margins of
more recognized political traditions. With the unprecedented
deployment and expansion of state power and surveillance post-9/11,
and with the symptomatic crisis of legitimacy experienced by
representative party politics, we think it is important and timely
to investigate alternative sites of the political – the autonomous
and anti-systemic social movements and activist networks which have
proliferated across the global horizon in recent years. The series
will focus on different ways of thinking about individual and
collective liberty, difference and equality, as well as political
identities, practices, modes of organization, action and democracy
outside the state order.
This seminar series will explore related themes of: anarchist
theory, utopian thought, cosmopolitanism, the politics of direct
action, new social movements, social liberty, autonomous politics,
piracy and biopolitics, and continental radical political
philosophy. It will bring together a series of experts and thinkers
from different disciplines – Politics, Sociology, Anthropology,
Philosophy and Social Policy – who are all moved in some way by the
libertarian impulse.
The seminars will be held on Tuesday evenings 6-8pm in the Senior
Common Room (Level 2 RHB). Drinks will be provided, and everyone is
invited. The program is as follows:
Autumn Term
24 November - Dr. David Graeber (Anthropology, Goldsmiths): ‘We are
all already communists (reconsidered)’
1 December – Professor Gianni Vattimo (Philosophy, Turin):
‘Philosophy and Emancipation’
8 December – Dr. Geoffrey Pleyers (FNRS Researcher, University of
Louvain) (RHB 308): ‘Autonomy in the alterglobalization movement:
theories, cultures, and practices’
Spring Term
19 January – Dr. Alberto Toscano (Sociology, Goldsmiths): ‘Freedom,
Claustrophobia and Colonisation: Lessons from the Anarchist
Geography of Elisee Reclus’
2 February – Dr. Ruth Kinna (Politics, Loughborough): ‘William
Morris: Time & Utopia’
9 February – Dr. Nicola Montagna (Criminology, Middlesex): Title TBC
2 March – Amedeo Policante (Politics, Goldsmiths): Title TBC
16 March – Dr. Saul Newman (Politics, Goldsmiths): Booklaunch: ‘The
Politics of Postanarchism’
*Please direct any enquiries to Saul Newman: s.newman (@gold.ac.uk)
/ Tel: 0207 919 7747
King's College London Reading Capital
Society
http://www.kclreadingcapital.blogspot.com
http://www.facebook.com/group.php?gid=49539959005
- - -
1) Next session: 'Money'
Following a fascinating session discussing the fetishism of
commodites, the Reading Capital group asks...
What is money? Where does it come from? What makes certain
commodities suitable as money? Could we live without it?
Joseph Choonara, former deputy-editor of International Socialism
Journal ( www.isj.org.uk ), will
introduce a discussion on
'Money or the Circulation of Commodities’.
Monday 23rd November '09 (NOTE CHANGE OF DATE)
6pm F-WB Room 2.43
Waterloo Campus
King's College London
"It is not money that renders commodities commensurable. Just the
contrary. It is because all commodities, as values, are realised
human labour, and therefore commensurable, that their values can be
measured by one and the same special commodity, and the latter be
converted into the common measure of their values, i.e., into money.
Money as a measure of value, is the phenomenal form that must of
necessity be assumed by that measure of value which is immanent in
commodities: labour-time.”
All welcome - whether you have been reading Capital or just want to
drop in for the talk - we aim to be accessible to all.
(Those wishing to read in advance should make their way to Chapter
3!)
2) Martin Wolf & Alex Callinicos Debate:
If you haven't already, you can watch the event:
Alex Callinicos:
http://www.youtube.com/watch?v=k6CZAQvAMaY
Martin Wolf:
http://www.youtube.com/watch?v=AXKqqgwAIeI
Questions & Answers:
http://www.youtube.com/watch?v=hYpHLnlUrFg
or download the audio from:
http://rapidshare.com/files/302959451/Wolf_Callinicos_Full_Audio.wav
and a Palantypist's transcript:
http://rapidshare.com/files/305646664/CallinicosWolf021009wholedebate.rtf
3) Chris Harman - 1942-2009
The Reading Group was deeply saddened to learn of the death of Chris
Harman. Only two weeks ago, Chris gave a brilliantly accessible
introduction to the first chapter of Capital for the Reading Group.
That he was able to make the most abstract and difficult part of
Capital so unfailingly concrete is a testament to the power and
clarity of his thought. He will be greatly missed.
http://www.guardian.co.uk/politics/2009/nov/09/chris-harman-obituary
http://www.socialistworker.co.uk/art.php?id=19504
Chris's session for the Reading Group:
http://rapidshare.com/files/299965681/Chris_Harman_27Oct2009.mp3
Saints or Sinners: the role of the
media in the financial crisis
Book a place
http://www.city.ac.uk/whatson/forms-2009/021209-media-financial-crisis-booking.html
Invite friends
Event Type: Panel Discussion
Speaker(s): Gillian Tett, Assistant Editor, Financial Times
Hugh Pym, Chief Economics Correspondent, BBC News
Larry Elliott, Economics Editor, The Guardian
Professor Charles Goodhart, London School of Economics
Alistair Milne, Cass Business School
Damian Tambini, London School of Economics
Chaired by Prof. Steve Schifferes, Graduate School of Journalism,
City University London
Date: Wednesday 2 December 2009
Time: 6:30 PM
Location: Oliver Thompson Lecture Theatre, City University London,
Northampton Square, London EC1V 0HB
http://www.city.ac.uk/whatson/forms-2009/021209-media-financial-crisis-booking.html
Note: Registration from 6pm. Debate starts at 6.30pm.
Contact: Contact
journalism@city.ac.uk for more information, or follow #citysaints
on Twitter.
http://www.city.ac.uk/whatson/2009/12_dec/021209-media-financial-crisis.html
A Green Economics Conference/
Symposium
Greening the Economy
Green Economics solutions to the climate crisis, economics crisis
and ecological crisis:
An economics of sharing and poverty prevention
Saving Kyoto and Planning for Copenhagen COP 15
28 November 2009
Oxford University Club, Oxford, UK
for The Green Economics Institute Conference
28 November 2008 10:00 – 23:30
Click
here for detailed information.
Economics Department Seminar Series
The Value of Art: Two events on the Economics of Art
Two upcoming events to discuss ‘Measuring Intrinsic Value’ by Hasan
Bakhshi, Alan Freeman, and Graham Hitchen, which you can find at:
www.MissionModelsMoney.org.uk
with some background papers at:
http://ideas.repec.org/e/pfr102.html
Thursday 12 November 2009, 6:00-8:00pm at Club Row, Arnold Circus,
London E2 7ES with c&binet (Creativity and Business International
Network) and the A Foundation, the debate will consider questions of
value in relation to the visual arts. The panel will be chaired by
Alan Yentob, and includes artists Susan Hiller, Paul Graham and
Michael Landy, and economist Alan Freeman. RSVP:
rsvp@dacs.org.uk
Wednesday 25th November At City University at 5pm, in room C339
(see
http://www.city.ac.uk/economics/seminars.html for details)
Overschooled but Undereducated: How
the crisis in education is jeopardizing our adolescents
The Institute of Economic Affairs invites you to attend a book
launch
'Overschooled but Undereducated: How the crisis in education is
jeopardizing our adolescents'
(published by Continuum International)
by John Abbott
Wednesday 2nd December 2009
6.30pm – 8.00pm
(with brief remarks by the Author at 7.00pm)
2 Lord North Street, Westminster, SW1
(door on Great Peter Street)
Click To Buy - 'Overschooled but Undereducated'
'This remarkable work... is at the same time profoundly scholarly
and eminently accessible. It is nothing less than a tour de force,
and it is a privilege to recommend it unreservedly’. Sir Gustav
Nossal, former President of the Australian Academy of Science
'I read this book with great interest and almost entire agreement.'
Dr Eric Anderson, former Headmaster and Provost of Eton College
England once led the world into the industrial age through merging
the genius of the few with the applied creativity of countless
self-taught apprentices/craftsmen. We now seem to have forgotten
adolescents' instinctive need “to grow up” by learning to do things
for themselves so that they emerge as responsible, skilful and
thoughtful adults. Instead of fostering this innate creativity,
formal schooling has sought to neutralise the impact of adolescence
thereby depriving youngsters of the strength to take difficult
decisions and pick up the pieces if things go wrong. Properly
supported adolescence is an invaluable opportunity, not a threat to
social stability. Understand that and it changes everything.
The Institute of Economic Affairs
2 Lord North Street
London SW1P 3LB
Tel: (020) 7799 8900
Fax: (020) 7799 2137
ANTHROPOLOGIES OF THE PRESENT
Two Talks in the Series ANTHROPOLOGIES OF THE PRESENT Tate Britain,
London SW1
Tuesday, 17 November 2009, 18.30-20.00
Kristin Ross, 'Democracy for Sale'
Setting out from the controversy over Ireland's 'no' vote to the
European constitution, this talk will consider the current global
stakes of the more radical form of democracy associated with the
Paris Commune. Kristin Ross is Professor of Comparative Literature,
New York University. Her books include The Emergence of Social Space
(1988) and May '68 and its Afterlives (2002).
Tuesday, 8 December 2009, 18.30-20.00
Kojin Karatani, 'The End of Capitalism?'
Capitalism may be on the verge of extinction, but it will not end by
itself, because states do everything possible to prolong its life.
This talk will consider the role of the state in this context and
the counter-politics it provokes. Kojin Karatani is the author of
Architecture as Metaphor (1995) and Transcritique: On Kant and Marx
(2003) and a founder of the New Associationist Movement in Japan.
Peter Osborne, an editor of the journal Radical Philosophy, will act
as Chair and Respondent.
The Auditorium, Tate Britain, Millbank, London SW1
£8 each talk (£6 concessions) - price includes drink reception
afterwards
www.Tate.org.uk/tickets or tel. 020-7887-8888
"On Alain Badiou’s Theory of the
Subject and Logics of Worlds"
Workshop Announcement
CENTRE FOR RESEARCH IN MODERN EUROPEAN PHILOSOPHY
MIDDLESEX UNIVERSITY
Subject and Appearance
On Alain Badiou’s Theory of the Subject and Logics of Worlds
Friday 20 November 2009
Bolivar Hall, 54 Grafton way, London WC1 5DL
Confirmed speakers include:
Ali Alizadeh (CRMEP, Middlesex)
Bruno Bosteels (Cornell)
Peter Hallward (CRMEP, Middlesex).
Nina Power (Roehampton)
Kristin Ross (NYU)
Alberto Toscano (Goldsmiths)
Continuum has kindly provided access to the following extracts from
the books, to which we plan to pay particular attention:
Theory of the Subject
http://www.continuumbooks.com/download/Theory_of_the_Subject_Extract.pdf
- preface, pp. xxxviii-xlii (following the translator's
introduction)
- pp. 98-110 (Mallarmé)
- pp. 259-274 (the inexistent)
Logics of Worlds
http://www.continuumbooks.com/download/Logics_of_Worlds_Extract.pdf
- pp. 141-152 (Hegel)
- 217-221 (postulate of materialism)
- 277-289 (retroaction)
- 321-324 (the inexistent)
- 363-380 (Commune, and in particular pp. 376-380)
The event is free but reservation is essential. Contact Tom Eyers
on: TE122@live.mdx.ac.uk.
The event has been organised with the generous support of the
Bolivarian Government of Venezuela, and with funding from the Centre
for Research in Modern European Philosophy.
Further details and the schedule are posted at
http://www.mdx.ac.uk/www/CRMEP/EVENTS/Subject&Appearance.htm
Economie politique et macroéconomie
appliquée
CEPN THEME 2 : «
Economie politique et macroéconomie appliquée »
LUNCH SEMINAR
Jeudi 19 Novembre 2009
de 12h30 à 14h
Salle K 301
Mark Setterfield (Trinity College, USA)
The International Institute for
Research and Education (IIRE) Reading Group
Dear friends,
The International Institute for Research and Education (IIRE) in
Amsterdam organises a reading group of Marx's Capital Volume II.
After the success of last year's reading group of Capital Volume I,
we want to continue a critical engagement with Marx's opus magnum by
attempting a collective reading of it in its entirety. Marx's
Capital not only provides the most lucid and still relevant analysis
of capitalist contradictions, but it is also the still unsurpassed
means by which to understand the economic
crisis and to lay the foundations for the transformation of this
world.
We would like to invite you to take part in our reading group, the
first meeting of which will take place on Wednesday the 18th of
November at 8pm.
Address is: IIRE, Lombokstraat 40.
For info please write to:
capital.volume2@gmail.com
Comradely,
Amsterdam Capital Reading Group
DISTINGUISHING "RELIGIOUS" FROM "ECONOMIC"
Academic workshop at the British Academy, London
9.45 am – 5.15 pm
Thursday 26th November, 2009
Register at
http://www.britac.ac.uk/events/2009/religious-economic/
Academic convenor: Trevor Stack (
t.stack@abdn.ac.uk )
Sponsored by CINEFOGO Network of Excellence
Centre for Citizenship, Civil Society and Rule of Law, University of
Aberdeen
Administered by British Academy events staff (
events@britac.ac.uk )
How does “religious” get distinguished from “economic” in historical
and contemporary contexts, and to what effect? The distinction is
far from obvious. It could be argued, for example, that capital
itself is a ‘god’: an invisible, transcendental entity signified by
the Bull, whose workings are mysterious, bringing prosperity but
also famine, and sustained by collective acts of faith and a
sacrificial cult at its heart. However, economists, businesses,
workers, consumers, politicians and lawyers all continually
distinguish “economic” issues from “religious” ones (just as from
other spheres such as “politics” and “civil society”). How and why
do they do that, and with what consequences? It was proposed in a
previous conference, for example, that the category of “religion”
understood as other-worldly faith has served historically to set in
relief the “secular” rationality of individual self-interest,
commodity exchange and capital accumulation. “Religion” is often
expected to be charitable, concerned with building credit in heaven,
shunning this-worldly economic gain, and if it is felt to seek its
own economic gain then it is considered a perversion (and sometimes
repressed). But different people make different religious-economic
distinctions in different contexts and to different effects. The
panel will examine a range of contexts in which “economics” gets
marked off from “religion” (including in the history of the
discipline of Economics).
Please register for the workshop at
http://www.britac.ac.uk/events/2009/religious-economic/
The workshop is to prepare for the Religious-Economics panel of a
major conference on 14-16 January, also at the British Academy.
Please sign up to
http://religioussecular.ning.com to receive information
about the January conference.
Dr Trevor Stack
Department of Hispanic Studies
University of Aberdeen
Aberdeen AB24 3UB.
http://www.abdn.ac.uk/spanish/staff/details.php?id=t.stack The
University of Aberdeen is a charity registered in Scotland, No
SC013683.
THE GLOBALISATION LECTURES
Organised by the Department of Development Studies
School of Oriental and African Studies (SOAS)
University of London
Convenor: Prof. Gilbert Achcar
2009-2010
This event is cosponsored by Historical Materialism Conference 2009
(27-29 November)
THE AMERICAN EMPIRE IN LIGHT OF THE GLOBAL CRISIS
A DEBATE BETWEEN PROF. ALEX CALLINICOS AND PROF. LEO PANITCH
Wednesday 25 November, 6:30pm
SOAS, Brunei Gallery Lecture Theatre
Alex Callinicos was born in Zimbabwe. After teaching political
philosophy for many years at the University of York, he is now
Professor of European Studies at King's College London. His most
recent books are The Resources of Critique and Imperialism and
Global Political Economy. His next book Bonfire of Illusions: The
Twin Crises of the Liberal World will appear early next year.
Leo Panitch is the Senior Canada Research Chair in Comparative
Political Economy and Distinguished Research Professor of Political
Science at York University, Toronto, and the co-editor of The
Socialist Register. His most recent books are American Empire and
the Political Economy of Global Finance, and Renewing
Socialism:Transforming Democracy, Strategy and Imagination.
UNAM- La crisis
financiera actual y sus secuelas
24,
25 y 26 de noviembre
Aula Magna “Jesús Silva Herzog”
Facultad de Economía, Edif. “B” 1er. piso
Martes 24 de noviembre
11:30 a 13:00 hrs.
Randall Wray (University of Missouri-Kansas City, EUA)
El capitalismo manejado por el dinero, de Hyman Minsky y la crisis
financiera global
Inauguración: Roberto Escalante
Moderador: Adolfo Orive
Comentarista: Clemente Ruiz
Miércoles 25 de noviembre
10:00 a 11:30 hrs.
Eric Tymoigne (Lewis and Clark College, Portland, Oregon, EUA)
Una visión miskiniana de la crisis financiera: culpando al sistema
en vez de a los mercados e individuos “imperfectos”
11:30 a 13:00 hrs.
Yan Liang (Willamette University, Salem, Oregon, EUA)
China y la crisis financiera global
Moderador: Gerardo Fujii
Jueves 26 de noviembre
10:00 a 11:30 hrs.
Eric Tymoigne
Una nueva fundación para la regulación financiera: las operaciones
de toma de posición y la hipótesis de inestabilidad financiera
11:30 a 13:00 hrs.
Yan Liang
Financiamiento para el desarrollo: lecciones de China
Moderador: Arturo Huerta
Modern Economic
and Social History Seminar
Affiliated with the History and Policy network,
www.historyandpolicy.org
Programme 2009-10
All seminar meetings at 5 pm in the Nihon Room Pembroke College,
except 5th Nov in the Graham Storey Room, Trinity Hall; and 28th Jan
in the Bateman Auditorium, Gonville and Caius College.
All are welcome to attend and to join the speakers and convenors for
local hospitality afterwards.
Click here for
detailed information.
Top
Job Postings for
Heterodox Economists
Marymount Manhattan College
The Department of International Studies at Marymount Manhattan
College invites applications for a tenure track appointment to the
position of Assistant Professor of International Studies, beginning
September 2010, pending budget approval.
*Assistant Professor of International Studies - TenureTrack*
*Description:* Responsibilities include continued scholarly
activity, working closely with students, college-level teaching
experience, and participation in college-wide activities such as
academic advisement and committee service.
*Requirements:* Ph.D. in Economics or Ph.D. in International Studies
with a specialization in economics. A commitment to an
interdisciplinary approach is required. Research field is open but
preference will be given to candidates whose research and teaching
interests include one or more of the following: development
economics, international political economy, economic geography,
economics of gender, international migration and economic
development, and human rights. Area focus and field research
experience in Latin America or Africa is preferred.
*Application Materials:* Application materials must include: a cover
letter, curriculum vita, samples of scholarship, syllabi, and three
letters of recommendation. Electronic submission is preferred.
Please send to: mbackus@mmm.edu
*Search Chair: *
If materials cannot be sent electronically, please mail to: Dr.
Yu-Yin Cheng, Search Committee Chair, International Studies
Department, Division of Social Sciences, Marymount Manhattan
College, 221 East 71st Street, New York, NY 10021
*Submission Deadline:* For full consideration, all application
materials should be received by January 8, 2010.
Marymount Manhattan College is an Affirmative Action/Equal
Opportunity Employer.
Franklin &
Marshall College
The Department of Economics at Franklin & Marshall College invites
applications for a three-year position at the Visiting Instructor or
Visiting Assistant Professor level, beginning Fall 2010 and pending
administrative approval. Teaching experience is required. Teaching
load is 3/2 and may include participation in the College's general
education program. The teaching responsibilities will include
teaching Introduction to Economic Principles and/or the Introduction
to Economic Perspectives, statistics, and an elective course chosen
in consultation with the Department. We especially welcome
applicants who can offer a data rich course on the US economy and
the global economy, covering a broad range of areas. We strongly
recommend visiting our web site at
http://www.fandm.edu/economics.xml for more information
about our department. Salary and benefits are competitive and
commensurate with qualifications.
Franklin & Marshall College is a highly selective liberal arts
college with a demonstrated commitment to cultural pluralism. EOE
Candidates should send a letter of application, curriculum vitae,
graduate transcript, three letters of recommendation, a teaching
statement, a research statement, and teaching evaluations to Tami
Lantz, Department Coordinator, Department of Economics, Franklin &
Marshall College, P.O. Box 3003, Lancaster, PA 17604. Applications
may be submitted electronically by email to
tami.lantz@fandm.edu.
Please reference three-year visitor position in your letter of
application.
Email for Applications:
tami.lantz@fandm.edu
FAX for Applications: 717-291-4369
For more information, phone: 717-291-3916
WESLEYAN
UNIVERSITY, Middletown, CT
E0 Macroeconomics and Monetary Economics: General
The Department of Economics invites applications for a tenure-track
position in macroeconomics, to begin July 1, 2010. Candidates should
be prepared to teach
upper-level electives in macroeconomics and at least one other
field, and to contribute to the Department’s introductory and core
programs. The teaching load is four courses per year.
Wesleyan has a strong and diverse undergraduate student body and
offers a generous sabbatical program as well as competitive salaries
and benefits. Wesleyan University is an equal opportunity and
affirmative action employer and welcomes applications from women and
historically underrepresented minority groups and all applicants who
support diversity. Wesleyan prohibits discrimination on the basis of
race, color, religion, gender, age, sex, sexual orientation, gender
identity, gender expression, marital status, national origin,
ancestry, learning disability, physical or mental disability,
veteran status and any other category protected by federal or
Connecticut state law.
Each applicant should send a letter of interest, curriculum vitae,
three letters of recommendation, and a sample of scholarly writing.
Complete application files must be received by December 13, 2009 to
be assured of full consideration. Send materials to: Economics
Search Committee, Department of Economics, Wesleyan University, 238
Church Street, Middletown CT 06459. Contact Gilbert Skillman,
Department chair, with questions (econsearch09@wesleyan.edu ).
O540 – Economy-wide Country Studies: Latin America; Caribbean
O110 - Macroeconomic Analyses of Economic Development
O100 – Economic Development: General
The Department of Economics invites applications for a tenure-track
position to begin July 1, 2010 from scholars with primary research
interests in one or more of the Latin American and Caribbean
economies. Candidates should be prepared to contribute to the
introductory, core, and elective programs in the Economics
Department, and to participate and offer one course per year that is
crosslisted in the Latin American Studies Program. The teaching load
is four courses per year. Applicants should be committed to
excellence in undergraduate teaching and scholarly research.
Wesleyan has a strong and diverse undergraduate student body and
offers a generous sabbatical program as well as competitive salaries
and benefits. Wesleyan prohibits discrimination on the basis of
race, color, religion, gender, age, sex, sexual orientation, gender
identity, gender expression, marital status, national origin,
ancestry, learning disability, physical or mental disability,
veteran status and any other category protected by federal or
Connecticut state law.
Each applicant should send a letter of interest, curriculum vitae,
three letters of recommendation, and a sample of scholarly writing.
Complete application files must be received by December 13, 2009 to
be assured of full consideration. Send materials to: Economics
Search Committee, Department of Economics, Wesleyan University, 238
Church Street, Middletown CT 06459. Contact Gilbert Skillman,
Department chair, with questions (
econsearch09@wesleyan.edu
)
Ashcroft International Business
School
Based in Cambridge
£29,704 - £43,622 p.a.
Join us as we enter an exciting new phase of our development. Our
ambition is to be recognised as a truly 21st century university,
fully relevant to the changing needs of students, staff and
employers. With our energy, enthusiasm and ambition matched by our
friendliness and approachability, Anglia Ruskin University is a
great place to be.
Inspired by the challenge of helping create one of the UK’s leading
practice based, international business schools?
Ashcroft International Business School (AIBS) is a full service
business school with around 2,500 students studying on a diverse
portfolio of undergraduate, postgraduate and corporate education
programmes. In the Cambridge-based department we work closely with
international students and partner institutions, as well as with
businesses and employers. We are a research active Department,
covering a wide range of business and management themes.
We are now seeking to appoint to the following posts:
Lecturer/Senior Lecturer in International Finance Ref: 6409
Working closely with the Head of Department, you will be involved in
delivering and developing a wide range of accounting and
finance-related modules at undergraduate and postgraduate levels.
There will be extensive opportunities to engage in research and
consultancy activities in the UK and internationally. Current
research within the Department covers different aspects of
accounting standards and International Finance.
Lecturer/Senior Lecturer in International Business Economics Ref:
6410
You will be primarily responsible for teaching, learning and related
research activity in the Cambridge Department. The ability to
contribute to teaching across a range of modules associated with
economics and international business provision will be an advantage,
with one or more areas of specialism offered for postgraduate
teaching and research. Opportunities exist to be actively involved
in research relating to economic methodologies and business
modelling.
For all vacancies you will hold a PhD or be nearing completion of a
PhD. You will also be expected to contribute to the teaching,
research and consultancy activity of the Department and engage with
the income generation, knowledge transfer and collaborative
provision of the Department with a range of organisational and
educational clients/partners.
Closing date 25 November 2009 (12 noon)
For more info on the jobs, please email Marion Cobby -
marion.cobby@anglia.ac.uk;
and Stuart Wall -
stuart.wall@anglia.ac.uk or go to the website:
www.anglia.ac.uk
Verso London
Job opportunity at Verso London:
MARKETING EXECUTIVE AND OFFICE MANAGER
An opportunity has arisen for an efficient, highly organised person
to join the world’s pre-eminent radical publisher, Verso, at our
offices in Soho, London. Responsibilities include marketing our
humanities and social science academic titles, managing the day to
day running of our busy office and assisting Verso staff. You will
be balancing reception duties, marketing work and general office
management as well as dealing with authors, suppliers, press and
academics on a daily basis, so good communication skills and a
willing attitude are essential. Experience in book publishing is
preferable, though not required. Graduates welcome. Please apply by
sending a CV and short covering letter by 30th November to:
Rowan Wilson, rowan AT verso.co.uk
Roosevelt
University
Assistant Professor of Economics/APE-IL
Full-Time Faculty
Economics
Chicago
Posting Date: 11-16-2009
Job Type: Full Time
Job Summary: The Assistant Professor of Economics is responsible for
teaching six courses a year including a three semester international
economics sequence in econometrics and macroeconomics at the
undergraduate and graduate levels. He/she will provide student
advising as defined by the academic unit, maintain a minimum of
three clock hours of office hours per week distributed over several
days during the academic term, develop new courses as requested
and/or approved, conduct scholarly, professional and creative
activity within faculty member's academic disciplines including peer
reviewed research, maintain and demonstrate a contemporary knowledge
and understanding of the subject matter within neoclassical and
heterodox schools of economic thought, provide service to the
Roosevelt University community which may include but is not limited
to appointment, election and participation in University committees,
provide service to the larger metropolitan and academic community
which may include but is not limited to appointment, election, and
participation in learned societies and professional organizations.
Participation in academic conferences and networks help raise the
profile of Roosevelt University's heterodox focus.40 hrs/wk.
Minimum Qualifications: The minimum requirement for this position is
a Ph.D. or its foreign equivalent, in Economics or related field.
Additionally, the applicant must have: experience analyzing large
data sets using STATA, SAS or SPSS; experience teaching
undergraduate and graduate quantitative research methods courses in
Statistics and Econometrics utilizing STATA, SAS or SPSS; experience
teaching Macroeconomics and Heterodox economics; and evidence of an
active research agenda in International Economics.
Departmental Minimum Qualifications:
Preferred Qualifications
Required Applicant Documents
Optional Applicant Documents
Special Instructions to Applicants:
Please indicate the document(s) you wish an applicant to attach if
you check any of the "Other" document options. To apply, please send
resumes w/cover letter to
JLapidus@roosevelt.edu. Must reference job code [APE-IL]
in subject line.
Portland State
University
Nohad A. Toulan School of Urban Studies and Planning
Assistant or Associate Professor
The Nohad A. Toulan School of Urban Studies and Planning in the
College of Urban and Public Affairs at Portland State University
seeks applications for a tenure-track assistant professor or
associate professor beginning Fall 2010. Candidates must have an
earned doctorate (or be in the final stages of their degree) in city
and regional planning, urban studies, economics, geography, public
policy, sociology, or a related discipline, and a scholarly
commitment to the fields of urban planning, urban studies, community
development, regional development, and/or sustainable development.
School priorities include research, outreach, and practice interests
in the areas of: the sustainability dimensions of urban and regional
planning and community development; community economic and workforce
development; regional development; international applications;
and/or affordable housing and neighborhood development. The
successful candidate will be expected to teach a combination of
undergraduate and graduate courses in areas that may include urban
economics, sustainable urban development, economic development, real
estate development, or urban studies methods. Familiarity with both
quantitative and qualitative methods and action research is
desirable. A desire to seek externally funded research and/or
service will be expected.
Associate-level candidates must have a clearly defined scholarly
agenda focused on issues related to the themes outlined above,
teaching experience at both undergraduate and graduate levels,
proven ability to secure external funding, a record of research and
publication, and experience in community engagement, community-based
learning, and/or community service.
The Toulan School of Urban Studies and Planning (www.pdx.edu/usp)
offers one of the only undergraduate majors in Community Development
in the United States, a professional Master of Urban and Regional
Planning, a pre-doctoral Master of Urban Studies, and a PhD in Urban
Studies. Community Development is an available specialization in all
of the graduate degree programs. A proposed Master of Real Estate
Development, offered in collaboration with the School of Business
Administration and the PSU Center for Real Estate, is currently
under review. The School currently offers graduate certificates in
Urban Design, Real Estate Development, and Transportation.
The School also houses the Population Research Center, the Institute
of Portland Metropolitan Studies, the Center for Urban Studies, and
the Center for Transportation Studies. The College of Urban and
Public Affairs has approximately 70 full-time faculty members. Other
Schools in the College are the Mark O. Hatfield School of
Government, which includes Criminology and Criminal Justice,
Political Science, and Public Administration, and the School of
Community Health. Collaborative efforts across schools are
encouraged.
The starting annual salary for this position will be commensurate
with qualifications and experience. There is an excellent benefits
package that includes fully paid healthcare; fully employer paid
retirement contributions; and significantly reduced tuition rates
for employee, spouse or dependents at any of the Oregon University
System schools.
Applicants should submit a letter of application containing a brief
background statement outlining research and teaching interests, the
names and contact information for four references (name, title,
email, telephone, and mailing address), and a curriculum vitae to:
Dr. Karen Gibson, Search Committee Chair, Portland State University,
P.O. Box 751, Portland, OR 97207-0751. Review of applications will
begin January 4, 2010, and continue until finalists are identified.
This is a nine-month appointment; the anticipated start date is
September 16, 2010. For further information, please email School
Director Connie Ozawa,
ozawac@pdx.edu.
Portland State University is an Affirmative Action/Equal Opportunity
Institution and welcomes applications from diverse candidates and
candidates who support diversity.
Top
Heterodox Conference Papers and Reports and Articles
Justice Denied: Dispute Settlement in
Latin America's Trade and Investment Agreements
The Global Development and Environment Institute (GDAE) is releasing
a new discussion paper from the GDAE-sponsored Working Group on
Development and Environment in the Americas. Building on previous
work on foreign investment in Latin America, the new report
highlights the limited benefits of foreign direct investment and
investment liberalization in the region:
“Justice Denied: Dispute Settlement in Latin America's Trade and
Investment Agreements,” Michael Mortimore, Leonardo Stanley. Working
Group Discussion Paper DP27, October 2009.
This report analyses the arbitration schemes under investor-state
dispute provisions in Latin America’s numerous trade and investment
agreements. The authors find that such provisions are biased toward
international investors. Such a bias can skew legal systems in the
region and threaten the ability of foreign investment to spur
much-needed economic development in the Americas.
http://ase.tufts.edu/gdae/Pubs/rp/DP27Mortimore_StanleyOct09.pdf
Why Has Domestic
Revenue Stagnated in Low-Income Countries?
by Terry McKinley, Director, Centre for Development Policy and
Research*
There has been miserably slow progress in increasing domestic
revenue in low-income countries since the 1990s. In order to find
out why, this Development Viewpoint draws on an extensive analysis
of disaggregated revenue data for low-income countries in
sub-Saharan Africa, South and Southeast Asia, and Central Asia. See
the background CDPR Discussion Paper 27/09 (McKinley and Kyrili
2009).
Click
here to download the paper.
The Centre for Development Policy and
Research
The Centre for Development Policy and Research is pleased to
announce the publication of Development Viewpoint #40, “Targeting
Inequalities in Child Mortality.” Based on research for Save the
Children United Kingdom, the authors, Hannah Bargawi, CDPR Research
Officer, and Terry McKinley, CDPR Director, document stark
inequalities between the rich and poor in Under Five Mortality Rates
in many developing countries. Their findings derive from an analysis
of data from 95 Demographic and Health Surveys and the ranking of
households by a composite wealth index. They find that when the
reduction in the Under Five Mortality Rate is as rapid among the
poor as among the rich (namely, there is at least equitable progress
across the whole population), a country is much more likely to reach
the MDG 2015 target of reducing the average rate of child mortality
by two-thirds.
Click
here to download.
CDPR’s other thought-provoking, diversified Development Viewpoints
are available on
http://www.soas.ac.uk/cdpr/publications/dv/.
The Centre for Development Policy and Research is pleased to
announce the publication of Development Viewpoint #41, “Why Has
Domestic Revenue Stagnated in Low-Income Countries?”. Based on CDPR
Discussion Paper 27/09, the author, Terry McKinley, Director of
CDPR, documents the miserably slow progress since the early 1990s in
mobilising domestic revenue in low-income countries in much of
Africa and Asia. He attributes this problem, to a significant
extent, to systematically faulty policy advice and advocates a
re-evaluation of the working assumptions underpinning what he calls
the current reigning ‘tax consensus’.
Click here to download:
http://www.soas.ac.uk/cdpr/publications/dv/file55026.pdf
See also CDPR Discussion Paper 27/09.
The Centre for Development Policy and Research draws on the broad
range of development expertise at the School of Oriental and African
Studies to engage in innovative policy-oriented research and
training on crucial development issues.
PKSG Workshop on the Current Crisis
SOAS, University of London, 23rd October 2009
Important: read the Guide to Downloading first!
Carlos J. Rodriguez-Fuentes (University of La Laguna):
From the long (global) boom to the severe current (local) recession.
The Spanish economy from 1994 to 2008
Rorita Canale (University of Naples):
The Recessive Attitude of EMU Policies and the Remedies for the
Crises: Reflections on the Italian Experience Within the Last Ten
Years
Lino Sau (University of Turin):
Instability and Crisis in Financial Complex Systems
Victoria Chick (University College, London):
The current banking crisis: an evolutionary view
Geoff Harcourt (Cambridge; University of New South Wales):
Finance, speculation and stability: Post-Keynesian policies for
modern capitalism
more info
http://www.postkeynesian.net/SOAS%2009.htm
Socialism in One Country
"Socialism in One Country" Before Stalin, and the Origins of
Reactionary "Anti-Imperialism": The Case of Turkey, 1917-1925
(2009).
By Loren Goldner.
Article on the origins of Turkish communism and of the reactionary
ideology of "anti-imperialism" in the 1917-1925 period (Nov 2009)
http://home.earthlink.net/~lrgoldner/turkey.html
General Perspectives on the
Capitalist Development State and Class Struggle in East Asia
Loren Goldner
We begin with a rather complex historical elaboration of the context
in which a socialist and later specifically Marxist left arose in
Japan, China and Korea, first of all to show the importance of the
entire region (including Siberia) for the early Korean left,
especially after colonization by Japan in 1910 made most legal
socialist activity in Korea itself impossible. More importantly,
this East Asian left, it will be argued, was as statist as the
German-influenced modernizers building the region’s capitalism.
There was nothing specifically Asian about this, as it characterized
mainstream currents of the international left everywhere.
Nevertheless, because East Asia (in contrast to e.g. Britain,
France, or the U.S.) was a “late developing capitalism”, this
statism pervaded the “Marxism” in the region well after World War
II, and in Korea in reality until the collapse of the Soviet Union
in 1991, if not beyond. This century of statist “Marxism” was to
have profound consequences for the Korean working class movement
when it revived in the 1970’s and 1980’s.
For entire article:
http://home.earthlink.net/~lrgoldner/asiamarx.html
Top
Heterodox Journals and
Newsletters
American Journal of Economics and
Sociology
TABLE OF CONTENTS
Volume 68 Issue 4 , Pages 829 - 1039 (October 2009)
Frontispiece Portrait of Mason Gaffney (p xi-xi)
Editor's Introduction (p 829-854)
Clifford W. Cobb
ORIGINAL ARTICLES
1. The Role of Land Markets in Economic Crises (p 855-888)
Mason Gaffney
2. A New Framework for Macroeconomics : Achieving Full Employment by
Increasing Capital Turnover (p 889-982)
Mason Gaffney
3. Money, Credit, and Crisis (p 983-1038)
Mason Gaffney
American Journal of Economics and
Sociology
Volume 68 Issue 5 (November 2009)
ORIGINAL ARTICLES
The Market, the Firm, and the Economics Profession (p 1041-1061)
Daniel Sutter
Smith and Living Wages: Arguments in Support of a Mandated Living
Wage (p 1063-1084)
Betsy Jane Clary
Paradigms and Novelty in Economics: The History of Economic Thought
as a Source of Enlightenment (p 1085-1106)
Wilfred Dolfsma, Patrick J. Welch
Published Online: Oct 20 2009 10:03AM
DOI: 10.1111/j.1536-7150.2009.00648.x
Abstract | References | Full Text: HTML, PDF (Size: 104K)
Save Article
Too Much Competition in Higher Education? Some Conceptual Remarks on
the Excessive-Signaling Hypothesis (p 1107-1133)
Karsten Mause
Corruption's Effect on Business Venturing Within the United States
(p 1135-1152)
David T. Mitchell, Noel D. Campbell
COMMENTS
Henry George Under the Microscope: Comments on "Henry George's
Political Critics" (p 1153-1167)
Richard Giles
The Journal of Philosophical
Economics
Volume III Issue 1 (Autumn 2009)
Editor: Valentin Cojanu
ISSN: 1843-2298
EISSN: 1844-8208
Frequency: 2 issues per year, in May and November
Publication date: 2009-11-20
Paper format: 16.5x23.5 cm
Number of pages: 136
Copyright note: No part of these works may be reproduced in any form
without permission from the publisher, except for the quotation of
brief passages in criticism.
Click
here for detailed information.
New Political Economy
Volume 14 Issue 4 is now available online at informaworld
( http://www.informaworld.com
).
This new issue contains the following articles:
Articles
Seeking Alpha or Creating Beta? Charting the Rise of Hedge
Fund-Based Financial Ecosystems
Author: Christopher Holmes
Recasting the Sovereign Wealth Fund Debate: Trust, Legitimacy, and
Governance
Author: Ashby Monk
Ethics and Climate Change Cost-Benefit Analysis: Stern and After
Author: Jonathan Aldred
Care, Social (Re)production and Global Labour Migration: Japan's
‘Special Gift’ toward ‘Innately Gifted’ Filipino Workers
Author: Hironori Onuki
Resource Nationalism, Bargaining and International Oil Companies:
Challenges and Change in the New Millennium
Author: Vlado Vivoda
Commentary
Time for Sympathy: Some Thoughts on the 250th Anniversary of Adam
Smith's Theory of Moral Sentiments
Author: Duncan Kelly
Global Monitor
Private Equity Funds, Pages 545 - 555
Author: Justin Robertson
Feature Review
India: The Emerging Giant: Arvind Panagariya (Oxford University
Press, 2008)
Author: Kunal Sen
Notes on Contributors
Levy News
Policy Note 2009 / 10
Fiscal Stimulus, Job Creation, and the
Economy: What Are the Lessons of the New Deal?
Greg Hannsgen and Dimitri B. Papadimitriou
A group of academics disputes the notion that President Roosevelt’s
fiscal and job creation programs helped end the Great Depression. On
the contrary, Research Scholar Greg Hannsgen and President Dimitri
B. Papadimitriou believe that the New Deal era strengthens the case
for the effectiveness of fiscal policies and job programs. They
recommend a permanent employer-of-last-resort program, as proposed
by Hyman P. Minsky, to mitigate the effects of the current Great
Recession.
The persistence of mass unemployment throughout the 1930s should be
blamed on the enormity of the task at hand and Roosevelt’s
reluctance to run deficits, say the authors. And the number of jobs
created by the Works Progress Administration and other federal
agencies was perhaps more important than the size of the fiscal
stimulus.
http://www.levy.org/pubs/pn_09_10.pdf
Policy Note 2009 / 9
Banks Running Wild: The Subversion of Insurance by “Life
Settlements” and Credit Default Swaps
Marshall Auerback and L. Randall Wray
Through the credit-default-swap (CDS) “insurance” market, it is
possible to take on the risk of a mortgage-backed security without
purchasing or holding the security itself. Since the market for
these products is moribund, Wall Street is looking for the next
asset bubble by securitizing life insurance policies—that is, by
making bets on the death of human beings.
Marshall Auerback and Senior Scholar L. Randall Wray argue that CDSs
give the participants a vested interest in financial instability by
creating perverse incentives. They believe that most of the problems
created in the securitized mortgage business will be re-created in
the market for securitized life insurance policies (e.g.,
indiscriminate sales without normal underwriting, and defrauding of
policyholders). The authors call for the banning of CDSs and life
settlement securities, which operate against the public interest. In
essence, they say, this is financial engineering run amok.
http://www.levy.org/pubs/pn_09_09.pdf
Working Paper No. 578, September 2009
Money Manager Capitalism and the Global Financial Crisis
L. Randall Wray
According to L. Randall Wray, the economic crisis cannot be
explained within the context of a “Minsky moment” because it
represents a slow transformation of the financial system and economy
toward fragility. Basing his arguments on Hyman P. Minsky’s
financial instability hypothesis, Wray blames “money manager
capitalism,” which is an economic system characterized by highly
leveraged funds seeking maximum returns in an environment that
systematically underprices risk. He suggests that the money manager
phase of capitalism may be ending.
Wray notes that the trend has been toward more severe and frequent
crises. He proposes policy responses such as regulatory constraints
and new standards to prevent boom/bust cycles; massive fiscal
stimulus to allow growth without relying on private sector debt;
mortgage relief; higher wages; greater employment; and revised
monetary policy. We must return to a model with enhanced oversight
of financial institutions and a financial structure that promotes
stability rather than speculation, Wray says.
http://www.levy.org/pubs/wp_578.pdf
Working Paper No. 577, September 2009
Explaining the Gender Wage Gap in Georgia
Tamar Khitarishvili
Gender equality was lauded as one of the greatest achievements of
the Soviet Union and the former socialist-bloc countries. Using the
Georgian household budget survey for the period 2000–04, the author
assesses the economic dimension of gender inequality in Georgia. The
study aims at establishing a baseline for the analysis of the impact
of recent gender-targeted policies by the Georgian government.
The paper focuses on the gender wage gap, which was found to be
substantial as a result of factors such as occupational differences.
Female employment is concentrated in industries with the lowest mean
wages—education, health care, and culture—but there are indications
that women are increasingly engaged in high-skilled sectors such as
finance, manufacturing, and energy. The irony is that the difficult
economic environment, together with caretaking responsibilities, has
shielded women from experiencing more significant discrimination in
the labor market.
http://www.levy.org/pubs/wp_577.pdf
Working Paper No. 576, September 2009
A Financial Sector Balance Approach and the Cyclical Dynamics of the
U.S. Economy
Paolo Casadio and Antonio Paradiso
Authors Paolo Casadio and Antonio Paradiso develop a small-scale
econometric model of the U.S. economy based on a financial balances
model by Goldman Sachs (2003) that was inspired by the works of
Distinguished Scholar Wynne Godley. Their analysis includes the
private and external sectors of the economy, and introduces the idea
of financial fragility in capitalist economies that was originally
developed by Hyman P. Minsky.
Casadio and Paradiso find that the financing gap—the difference
between internal funds and business investments of nonfinancial
firms—is a leading indicator of business cycles, while business
investment is a lagging indicator. They also find that all sector
balances depend on asset market variables, and that discrepancies
from equilibrium affect the growth in output (e.g., a negative
financial balance has a negative effect on GDP, while a negative
household balance has a positive effect).
http://www.levy.org/pubs/wp_576.pdf
Challenge
Volume 52 Number 6 / November-December 2009 of Challenge is now
available at
http://mesharpe.metapress.com.
This issue contains:
Letter from the Editor
Jeff Madrick
Alternative Explanations of the Operation of a Capitalist Economy
Paul Davidson
Free Trade, Fair Prices, and Sustainable Deficits
John Hansen
How Would Adam Smith Fix the Financial Crisis?
David Bholat
Antipoverty Policy for the Excluded Poor
Herbert J. Gans
The Wealth of the Nation's Young
Andrew Sum, Ishwar Khatiwada
Structural and Institutional Divergence in the European Union
Theodore Pelagidis
Dissatisfaction Guaranteed: An Account of Two Bubbles by Dean Baker
Mike Sharpe
Index to Volume 52 (January-December 2009)
economic sociology - the European
electronic newsletter
Vol. 11, No. 1 - November 2009
http://econsoc.mpifg.de/newsletter/newsletter_current.asp
Note from the Editor
Dear reader,
As the new editor it is a great pleasure to present you with this
issue. I would like to thank my predecessor, Andrea Mennicken, for
the magnificent job that she and her team have done, as well as for
her very helpful advice and support during the editorial transition.
I will try to follow her good example by directing the attention of
economic sociologists to new fields of interest, and by providing a
lively platform for debate. I would also like to thank the Editorial
Board for their confidence in my appointment.
This issue of the Newsletter is mainly concerned with the
commodification of the body. This is not an entirely new topic. Some
years ago, Nancy Scheper Hugues and Loïc Wacquant edited a special
issue of Body and Society (Commodifying Bodies, 2001, vol.7, nos.
2-3) dedicated to this topic. More recently, Kieran Healy (Last Best
Gift. Altruism and the Market for Human Blood and Organs. Chicago
University Press, 2006) has published a study of the situation in
the US and in Europe, focusing on the tension between the rhetoric
of gift-giving and the organizational settings in which human body
parts move from one person to another.
Many aspects of the commodification of the body lie in the future.
In this issue, the reader will find two papers endorsing completely
different positions on the sensitive issue of the market for human
body parts. Mark Cherry claims a moral imperative for the market,
whereas Nancy Scheper Hugues presents evidence of morally outrageous
forms of exchange from her international fieldwork. The reader
should however bear in mind that this issue is no longer limited to
the academic world, or at least the academic world of social
scientists, since it is now the subject of discussion, pro and
contra, among transplant surgeons who are directly involved with the
issue. The commodification of the body is also raised with respect
to the difficult problem that organizations face where the
production and the distribution of blood is involved. In some
respects there is an important role here for the economic
sociologist, as is demonstrated by Sophie Chauveau in a history of
the French blood system. Here tariffs play a critical part within
the rhetoric of gift giving when the management of a complex system
of blood collection, production and distribution is at stake.
Nevertheless, this issue does not capture the whole of the story.
Lea Karpel explains how the gift-giving process functions in the
case of infertile couples and how the gift of oocytes is organized
in France, focusing on the social relations between donors, parents
and child. Finally, Michel Anteby considers the case of a “market”
for cadavers in the US. Here we are no longer in the domain of organ
transplant or blood transfusion, but enter the domain of the
professional training of surgeons, a process for which human remains
are absolutely necessary and which entails forms of exchanges that
repay study.
Further to the excellent issue on the financial crisis (March 2009),
we seek to go deeper into this question with two new contributions.
Horacio Ortiz investigates the imaginary figures of investment
management, focusing on the pervasive practical role played by the
figure of the "investor" routinely acting within "efficient
markets". Secondly, there is an interview with Neil Fligstein, one
of world's most prominent economic sociologists. He gives a critical
view of sociologists' shortcomings in foreseeing the crisis, and
scrutinizes the situation in the light of his model of market
architecture, underlining the crucial role of the state.
Philippe Steiner
Philippe.Steiner@paris-sorbonne.fr
economic sociology - the european electronic newsletter:
http://econsoc.mpifg.de/newsletter/newsletter_current.asp
eInsight
Welcome to the eInsight Economics Update Bulletin. Our key experts
summarise some of the most interesting developments and economic
indicators below, providing you with useful and timely reflections
on the economy as it continues to evolve and respond to
circumstances. We hope you find it interesting and welcome your
comments.
http://www.volterra.co.uk/custompage/einsight-1109.php#Section1
In This Issue »
+ UK last economy still in recession
+ Mortgage Lending
+ Unemployment flattened
+ Pound under pressure again
+ Low Inflation
Local Economy
Volume
24 Issue 6 & 7 is now available online at informaworld (
http://www.informaworld.com
).
This new issue contains the following articles:
Viewpoints
Local Sufficiency and Environmental Recovery
Author: Steven Schofield
Contemporary Approaches to Economic Development: The Special
Economic Zone Programme
Author: D. Gopinath
Features
Governance Arrangements from a Regulationist Perspective: The Case
of Liverpool
Author: Matthew Cocks
A People-centred Approach to Economic Development (PCED): Brokering
Economic Inclusion as a Route Way to Improving Competitiveness
Authors: Mandy Crawford-Lee; Phillip Hunter
Getting Disadvantaged Parents into Employment: The Working for
Families Fund in Scotland
Authors: Sue Bond; Ronald Mcquaid; Vanesa Fuertes
Spatial Layout, Entrepreneurship and Economic Prosperity
Author: Gareth Sumner
Local Economic Development in Area-based Urban Regeneration in
Germany
Author: Sabine Weck
Constructing Neoliberal Urban Democracy in the American Inner-city
Author: Jean-Paul D. Addie
The Benefits of an Ageing Population: Case Studies from Rural
Hokkaido, Japan
Authors: Kayo Murakami; Rose Gilroy; Jane Atterton
A Critical Review of Public Borrowing by Turkish Municipalities:
1960–2006
Author: Aysegul Yakar-Onal
In Perspective
Getting the Levels Right: The Unique Value of Regional Economic
Development
Author: Richard Ellis
Rewriting the Rule Book
Author: Lee Pugalis
Economic Development in the UK: Challenges During and After the
Recession
Author: Glenn Athey
Is There a Future for Start-Up Support in London?
Author: John Spindler
Smaller Firms, the Equity Gap, Regional Policy and Growth: Will We
Ever Learn?
Authors: Christian Saublens; David Walburn
Ageing of the Population: Good News for Cities
Authors: Peter Karl Kresl; Daniele Ietri
I N T E R V E N T I O N
Current relevance and perspectives of Keynesian Economics Special
Issue of "Intervention. European Journal of Economics and Economic
Policies"
Edited by Eckhard Hein, Torsten Niechoj and Achim Truger
The firm belief in the stability of a free market monetary
production economy is not only theoretically unconvincing, as
Keynes, Kalecki, Robinson and other post-Keynesians have claimed for
many decades. It is now - again - obvious that economic policy
programmes based on this view might lead into disaster. The question
then is: Where do we go from here? In the first place, this is a
question of how economic policies should deal with the financial
crisis and economic recession in the short run, and which should be
the regulations and institutions to be established in order to
reduce the probability of such a crisis to occur again in the medium
to long run. In the second place, however, the questions are: What
are the consequences for economic theory? Will the mainstream view
on the economy survive - with only minor revisions? Is there any
potential within mainstream economics which will transform the 'free
market view' and the economic policy implications? Since the present
situation obviously is an opportunity for (post-)Keynesian and other
heterodox approaches, are these schools well equipped and ready to
tackle these problems?
The special issue on "Current relevance and perspectives of
Keynesian Economics" deals with some of these questions.
Contents of the special issue:
Hans-Michael Trautwein, Abdallah Zouache:
Natural rates in the New Synthesis: Same old trouble?
Engelbert Stockhammer, Paul Ramskogler:
Post-Keynesian economics - How to move forward
Matthieu Charpe, Peter Flaschel, Christian Proano, Willi Semmler:
Overconsumption, credit rationing and bailout monetary policy:
A Minskyan perspective
Jerry Courvisanos, Anthony J. Laramie and Douglas Mair:
Tax policy and innovation: A search for common ground
Gennaro Zezza:
Fiscal policy and the economics of financial balances
Apart from this special issue, further contributions by Philip
Arestis, Robert A. Blecker, Barbara R. Bergmann, Leonhard Dobusch/Jakob
Kapeller, Marica Frangakis, Eckhard Hein/Jan Priewe, Marc Lavoie,
and Herbert Walther complete the issue.
Contents of the whole issue:
http://www.metropolis-verlag.de/buchbeigaben/963/963_inhalt.pdf
More information at the website of the journal:
http://www.journal-intervention.org/go/2_09
More information on the journal at Metropolis Publishers:
http://www.metropolis-publisher.com/Periodika/Zeitschrift-Intervention/catalog.do
Friends of Associative Economics
Bulletin
November 2009
1) The Question of Price
2) Upcoming Events
3) Associate! November 2009 - Beyond The Efficient Markets
Hypothesis
4) Finance at The Threshold
5) Links
http://www.cfae.biz/publications/associate/#c203
Click here for
detailed information.
Top
Heterodox
Books and Book Series
Joan Robinson
Great Thinkers in Economics
Geoffrey Harcourt and Prue Kerr
Palgrave Macmillan
Joan Robinson is widely considered to be amongst the greatest
economists of the 20th Century. This book provides a comprehensive
study of her life and work, examining her role in the making of The
General Theory, her critical interest in Marxian economics, her
contributions to Labour Party policy and her writings on
development, especially China.
GEOFFREY HARCOURT was born in 1931 in Melbourne, Australia. He was a
graduate of the Universities of Melbourne and Cambridge. He has
taught mainly at Adelaide and Cambridge Universities. He is author
and editor of 25 books including seven volumes of selected essays
and 230 papers in learned journals and edited volumes. his books
include Some Cambridge Controversies in the Theory of Capital,
Post-Keynesian Essays in Biography, 50 Years a Keynesian and other
Essays, Selected Essays on Economic Policy and The Structure of
Post-Keynesian Economics. PRUE KERR was a friend and associate of
Joan Robinson in Cambridge. She edited, with Geoffrey Harcourt, the
five volume: Joan Robinson: Critical Assessments of Leading
Economists. She was supported by the Institute of Advanced Studies
at the University of Bologna and the CPEST. She now works on
post-Keynesian economic theory.
Table of Contents
Preface
Acknowledgements
Figures
Introduction
The Economics of Imperfect Competition
Joan Robinson and her circle in the run up to, and the aftermath of
The General Theory
Marx in Joan Robinsons Argument
Joan Robinson and socialist planning in the years of high theory
The Making of The Accumulation of Capital
The Choice of Technique in the Economy as a Whole and the Cambridge
Debates in the Theory of Capital:Joan Robinsons Role.
After The Accumulation of Capital: Defence and Development
Joan Robinsons Contributions to Development Economics as Political
Economy
An Introduction to Modern Economics: a Light that Failed?
A Concerned Intellectuals Task: Joan Robinsons Three Popular Books
Conclusion: Joan Robinsons Legacy
References
For more information:
http://us.macmillan.com/joanrobinson
PUT TO WORK
The WPA and Public Employment in the Great Depression
Second Edition
Including a New Introduction and Afterword
by Nancy E. Rose
"This is a must read for anyone concerned about today's mass
unemployment and the chronic unemployment that persists between
recessions. Rose carefully describes, analyzes, and evaluates the
New Deal job programs--their shortcomings and contradictions as well
as their very great accomplishments."--Helen Lachs Ginsburg,
Professor Emerita of Economics, Brooklyn College, City University of
New York; co-founder of the National Jobs for All Coalition and
co-chair of the Columbia University Seminar on Full Employment,
Social Welfare and Equity
praise for the first edition: "Rose offers an important perspective
on how past nation-saving programs can be useful in solving current
unemployment and homeless problems."--Publishers Weekly
Put To Work tells the story of the massive government job-creation
programs of the 1930s--not only the Works Progress Administration
(WPA), but also the lesser known Federal Emergency Relief
Administration (FERA) and Civil Works Administration (CWA), which
set the framework for the ideological and policy battles that
followed. Nancy E. Rose details the development of these programs,
the pressures that surrounded them, and the resulting constraints.
She analyzes both their unique contributions and their shortcomings,
especially in their treatment of women and African-Americans. In the
process, she carefully reevaluates the charges that these were
inefficient "make-work" programs, or "boondoggles," charges that
continue to characterize job-creation programs to this day.
In her new introduction, Rose places the Obama administration's
economic stimulus package in historical perspective as part of this
tradition of government job creation programs. In her new
Conclusion, she explores lessons from the New Deal work programs for
the current era.
Greed, Lust and Gender
A History of Economic Ideas
Nancy Folbre
http://www.oup.com/us/catalog/general/subject/Economics/History/?view=usa&ci=9780199238422
Description
When does the pursuit of self-interest go too far, lapsing into
morally unacceptable behaviour? Until the unprecedented events of
the recent global financial crisis economists often seemed
unconcerned with this question, even suggesting that "greed is
good." A closer look, however, suggests that greed and lust are
generally considered good only for men, and then only outside the
realm of family life. The history of Western economic ideas shows
that men have given themselves more cultural permission than women
for the pursuit of both economic and sexual self-interest. Feminists
have long contested the boundaries of this permission, demanding
more than mere freedom to act more like men. Women have gradually
gained the power to revise our conceptual and moral maps and to
insist on a better-and less gendered-balance between self interest
and care for others.
This book brings women's work, their sexuality, and their ideas into
the center of the dialectic between economic history and the history
of economic ideas. It describes a spiralling process of economic and
cultural change in Great Britain, France, and the United States
since the 18th century that shaped the evolution of patriarchal
capitalism and the larger relationship between production and
reproduction. This feminist reinterpretation of our past holds
profound implications for today's efforts to develop a more humane
and sustainable form of capitalism.
Features
Explains the historical relationship between economic and moral
ideas
Explores the hidden history of feminist economics
Show the relevance of intellectual history to contemporary policy
debates
Product Details
304 pages; ISBN13: 978-0-19-923842-2ISBN10: 0-19-923842-1
Here's a link to a short and interesting review that appeared in
London's Times Higher Education Supplement:
http://www.timeshighereducation.co.uk/story.asp?sectioncode=26&storycode=408740&c=2
Money and Macrodynamics: Alfred
Eichner and Post-Keynesian Economics
Edited by: Marc Lavoie; Louis-Philippe Rochon;
Mario Seccareccia
Nov 2009 M.E. Sharp
Description: Alfred Eichner's pioneering contributions to
post-Keynesian economics offered significant insights on the way
modern economies and institutions actually work. Published in 1987,
his Macrodynamics of Advanced Market Economies contains rich
chapters on dynamics and growth, investment, finance and income
distribution, a timely chapter on the State and fiscal policy, and
two analytical chapters on endogenous money that are years ahead of
their time.
Featuring chapters by many of Eichner's disciples, this book
celebrates his rich contributions to post-Keynesian economics, and
demonstrates that his work is in many ways as valid today as it was
over two decades ago.
Heterodox Newsletter subscribers can save 20% - Use the
discount form or click here and enter discount code DM924.
Selected Contents:
Introduction: Alfred Eicher and the State of Post-Keynesian
Economics
Part I. The Link Between Micro and Macro
1. Was Alfred Eichner a System Dynamicist?, Michael Radzicki
2. Alfred Eichner's Missing 'Complete Model': A Heterodox
Micro-Macro Model of a Monetary Production Economy, Fred Lee
3. Macro Effects of Investment Decisions, Debt Management and the
Corporate Levy, Elettra Agliardi
4. Pricing and the Financing of Investment:Is There a Macroeconomic
Basis for Eichnerian Microeconomic Analysis?, Mario Seccareccia
Part II. Competition and the Globalized World
5. The Macroeconomics of Competition : Stability and Growth
Questions, Malcolm Sawyer and Nina Shapiro
6. The Megacorp in a Global Economy, Matthew Fung
7. Pricing and Profits Under Globalized Competition: A Post
Keynesian Perspective on U.S. Economic Hegemony, William Milberg
Part III. Credit, Money and Central Banking
8. Eichner's Theory of Endogenous Credit-Money, Robert P. Guttmann
9. Eichner's Monetary Economics: Ahead of its Time, Marc Lavoie
10. Alfred Eichner, Post-Keynesians, and Money's Endogeneity:
Filling in the Horizontalist Black Box, Louis-Philippe Rochon
About the Editors and Contributors
Index
Comment(s): "At a time when events have all-too clearly exposed the
shortcomings of mainstream representative agent models, it is
refreshing to find a book that takes another look at the
relationships between firm behaviour, money and macroeconomic
outcomes. And what better place to start than the economics of
Alfred Eichner, whose theory of the megacorp provides a hub for
modern post-Keynesian theories of pricing, investment, finance and
growth. The contributions to this volume do full justice to
Eichner's emphasis on realism, and his passion for making
post-Keynesian economics both accessible to and a source of
inspiration for students and young scholars." -- Mark Setterfield,
Trinity College
click the link for
purchase:
Rethinking Imperialism: A Study of
Capitalist Rule
By John Milios, and Dimitris P. Sotiropoulos
Palgrave Macmillan
For over a century “imperialism” has been a key concept in Left
theory and politics, connoting both the aggressiveness and the
characteristics of modern capitalism. This book aims at presenting
and assessing imperialism as a theoretical concept. Since a variety
of different definitions are assigned to the concept of imperialism,
it is necessary to put to the test the rigour of these definitions.
The authors of this volume provide a comprehensive evaluation,
focusing especially on the tension between Marx’s theoretical system
of the Critique of Political Economy and the theories of capitalist
expansion and domination that emerge out of the various discourses
on imperialism.
The book critically reviews all major (classical and contemporary)
theories of imperialism. The authors embark on a critical
interrogation of all innovations introduced into theoretical Marxism
by theories of imperialism (for example those concerning the stages
of historical evolution of capitalism, the capitalist state,
internationalization of capital, crises etc.). They show that most
of these theories deviate from the theoretical system formulated by
Marx, especially in Capital and his other mature economic writings.
Furthermore, these theories seem to poorly interpret historical
development. Is there a theory of the capitalist state to justify
the thesis that the collapse of colonialism after World War II is so
insignificant to the periodization of international capitalist
relations (or “global capitalism”) that the “final stage” of
capitalism commencing in the last decades of the 19th century is
arguably still continuing? To pose the same question differently: on
what theoretical grounds can the “early” colonialism, as opposed to
the late colonial era (from the late 19th century to World War II),
be bracketed off as a distinct period in the history of capitalism?
On grounds of Marx’s theory of the CMP this period now has to be
revisited. Why does the second colonial period have more affinities
with the present-day non-colonial post-World War II era than with
the era of early colonialism? Last but not least, is there a
tendency towards expansionism that is innate in every form of
capitalist domination, i.e. also in the less developed capitalist
states that are not to be classified as being in the supposedly
“ripe” or “monopoly capitalist” stage?
The authors propose a conceptualization of the international level
which comes into a striking contrast with the majority of
contemporary approaches of globalization or “new imperialism”. Their
interpretation perceives the international level as a complex
interlinkage of different (national-state) economic and social
structures, each of which evolves at a different and unequal rate as
a result primarily of the different class and political correlation
of forces that have crystallized within it.
The book addresses the contemporary contradictions and trends of
development of the “international capitalist system” and the
evolving global economic crisis, formulating a fundamental
reinterpretation of imperialism. Important in this line of reasoning
remains the notion of imperialist chain, which is formulated in
accordance with Marx’s concept of social capital and his theory of
the capitalist mode of production. It thus defends the thesis that
internal-national relationships and processes always have priority
over international relations.
It is precisely the fundamental discovery of Marxism that the class
struggle
(which is at the same time economic, political and ideological and
is thus consummated within each national-state entity) is the
driving force of history. It is through these class correlations and
relations of domination that international relations, with all the
concomitant interdependence on other social formations, take effect.
If imperialism is a permanent possibility emerging out of the
structures of the capitalist mode of production, the historical form
it will ultimately acquire for a particular social formation depends
on the way in which the “external” situation (that is to say the
international correlation of forces) over-determines but also
constrains the practices that emerge out of the evolution of the
internal class correlations.
for purchase:
http://us.macmillan.com/rethinkingimperialism
The Trouble With Capitalism
An Enquiry into the Causes of Global Economic
Failure
Harry Shutt
''Offers no easy answers, but suggests the West is going to have to
face the fact that profit-maximising capitalism has run its course.'
- Tribune
'Shutt [has] a message for every saver and investor: a crash of 1929
proportions is almost inevitable' - Dan Atkinson in The Guardian
(commenting on the First Edition)
ISBN: 9781848134225 16.99
www.zedbooks.co.uk/the_trouble_with_capitalism
Climate Change in
Africa
Camilla Toulmin
'Camilla Toulmin combines a deep and nuanced knowledge of African
society with a profound grasp of the impact of climate change on
that continent. Covering both threats and opportunities, she shows
how, for good or ill, climate change will be a new and critical
driver in the next phase of African development. In the run up to
the Copenhagen climate summit, this book should be required reading
for anyone wishing to get to grips with the multiple
interconnections between climate change and development in the
world's poorest continent.' - Duncan Green, Head of Research, Oxfam
ISBN: 9781848130159 12.99
www.zedbooks.co.uk/climate_change_in_africa
Science and
Technology for Development
James Smith
'This is one of the rare books I have read which brings out the
complex web of relationships among science, technology and
development with great clarity and originality.' - Prof M S
Swaminathan, Member of Parliament (Rajya Sabha), Chairman, M S
Swaminathan Research Foundation
ISBN: 9781848132016 14.99
www.zedbooks.co.uk/science_and_technology_for_development
The Social Economy
International Perspectives on Economic
Solidarity
Edited by Ash Amin
'At a time of deep global economic crisis, there is a pressing need
to explore alternatives to the mainstream capitalist economy in the
search for sustainable futures, This is therefore a timely and
important book. The contributors, a mix of leading academic
researchers and activists, explore the achievements and potential of
the social economy in a diverse range of places. They demonstrate
that the social economy can provide socially useful work and goods
and services of a quality that compares favourably with that of the
state and private sector and discuss the policy challenges posed by
seeking to develop the social economy.' - Professor Ray Hudson,
Durham University
ISBN: 9781848132825 19.99
www.zedbooks.co.uk/the_social_economy
The Priest of
Paraguay
Fernando Lugo and the Making of a Nation
Hugh O'Shaughnessy and Edgar Venerando Ruiz Daz
'Paraguay has been a disgrace even by the ugly standards of US
domination of Latin America. The election of Fernando Lugo offers a
promising opportunity for it to break the chains ... There could be
no one better placed to bring these events to the general public
than Hugh O'Shaughnessy. His work on Latin America has been
outstanding in its historical depth, subtle insight and sympathetic
understanding of the travails of the population, and the intricacies
of the domestic structures and international environment.' - Noam
Chomsky
ISBN: 9781848133136 16.99
www.zedbooks.co.uk/the_priest_of_paraguay
The Audacity of
Races and Genders
A personal and global story of the Obama
election
Zillah Eisenstein
'Zillah Eisenstein is no armchair analyst. She is a street activist
with a globality of vision that sculpts a third dimension in our
understanding of things. She writes with Jane Austen's pen, Angela
Davis' heart, and Hannah Arendt's mind. From streets of Philadelphia
to the campaign headquarters of Florida, from South Africa to
Sweden, Zillah Eisenstein's sisterhood to noble causes is the bone
marrow of her convictions and insights. Her Audacity of Races and
Genders is the thick description, a people's history, of a
presidential election that will mark our generation for generations
to come.' - Hamid Dabashi, Columbia University in New York
ISBN: 9781848134201 16.99
www.zedbooks.co.uk/the_audacity_of_races_and_genders
Egypt
The Moment of Change
Edited by Rabab El-Mahdi and Philip Marfleet
'Combines passion, scholarship and vision - a focused snapshot of
this troubled moment in Egypt's history with a competent resum of
how we got here. Its passion, clarity of thought and its vision
should be an important contribution to the change we Egyptians know
we have to make happen.' - Ahdaf Soueif
ISBN: 9781842779354 16.99
www.zedbooks.co.uk/egypt
Women and War in
the Middle East
Transnational Perspectives
Edited by Nadje Al-Ali and Nicola Pratt
'Nadje Al-Ali and Nicola Pratt bring together here some of the
smartest feminist analysts of war and militarism in the Middle East.
Together they show not only the profound effects of war and
militarism on women's lives, but how asking feminist questions can
make us all smarter about what causes and perpetuates both.' -
Cynthia Enloe, author of "The Curious Feminist: Searching for Women
in the New Age of Empire"
ISBN 9781848131866 17.99
www.zedbooks.co.uk/women_and_war_in_the_middle_east
Free Trade Doesn’t Work: Why America
Needs a Tariff
(This book will be $14.95 when it goes on sale on
Amazon.com in a
few weeks.)
The table of contents is below:
Foreword by Edward Luttwak
Introduction: Why We Can't Trust the Economists
PART I: THE PROBLEM
Chapter 1: The Bad Arguments for Free Trade
Chapter 2: Deficits, Time Horizons, and Perverse Efficiency
Chapter 3: Trade Solutions That Won't Work
Chapter 4: Critiques of Free Trade to Avoid
PART II: THE REAL ECONOMICS OF TRADE
Chapter 5: Ye Olde Theory of Comparative Advantage
Chapter 6: The Deliberately Forgotten History of Trade
Chapter 7: The Negligible Benefits of Free Trade
Chapter 8: The Disengenuous Law and Diplomacy of Free Trade
PART III: THE SOLUTION
Chapter 9: Where Does Growth Really Come From?
Chapter 10: The Multiple-Equilibrium Revolution
Chapter 11: The Natural Strategic Tariff
Chapter 12: The End of the Free-Trade Coalition
MORBID SYMPTOMS
Health Under Capitalism
http://www.monthlyreview.org/books/sr2010.php
Socialist Register 2010
edited by Leo Panitch and Colin Leys
Morbid Symptoms sees health as a major field of political economy,
one that focuses on the struggle between commercial forces seeking
to make it into a field of profit, and popular forces fighting to
keep it -- or make it -- a public service with equal access for all.
Central to this volume is an analysis of the global health industry
-- the pharmaceutical, insurance, medical technology, and healthcare
provider corporations. Essays by leading authorities in the field
include Vicente Navarro on the impact of globalization on health
services, Julian Tudor Hart on mental health in sick societies, Meri
Koivusalo on international organizations and capitalist health
policies, Sanjay Basu on HIV/AIDS and the resurrection of
comprehensive primary care in the "south," and Julie Feinsilver on
Cuba's healthcare system and its role in Cuba's foreign policy.
Separate essays review the state of healthcare around the world,
while others deal with a variety of key issues such as obesity, the
"fitness" industry, and the significance of ever-popular
hospital-based television programs.
Contributors: Robert Albritton, Julian Ammirante, Kalman Applbaum,
Pat and Hugh Armstrong, Sanjay Basu, David Coburn, Hans Ulrich Deppe,
Julie Feinsilver, Marie Gottschalk, Julian Tudor Hart, Lesley
Henderson, Christoph Herman, Meri Koivusalo, Colin Leys, Roddy
Loeppky, Maureen Mackintosh, Vicente Navarro, Mohan Rao, Thomas
Seibert, and Wang Shaoguang.
Reflexivity and Development Economics
Daniel Gay
Reflexivity and Development Economics outlines an alternative to
the prevailing view of economic development, currently dominated by
the revised Washington Consensus. Using an open-ended view of
economic knowledge which moves away from one-size-fits-all
blueprints, Daniel Gay argues that economic analysis should vary
according to country context. He examines the approach in the case
of one of the world's poorest countries, Vanuatu; and a development
success-story, Singapore, showing that listening to the poor
improves policy, and that examining the biases held by development
economists helps tailor policy more closely to local conditions.
This book is essential reading for those interested in development
studies, international political economy, development economics and
economic methodology.
The Global Environment of Business
by Frederick Guy
Oxford University Press
Description
The globalization of business activity: whether you love it or hate
it, it affects you. What causes it, how different countries deal
with it, and what the future might hold for it are all key questions
which The Global Environment of Business answers. It traces the
growth of big business, the comings and goings of economic
globalization over two centuries, and compares the institutional
environments and track records of business in a selection of
countries on every continent today. It examines the role of local
and regional clusters of small and medium-sized companies, and the
obstacles which both oil wealth, and concentrated land ownership,
pose for poor countries trying to develop. The final chapter
assesses the sustainability of global business in the context of
climate change and growth of regional blocs. Changing forms of
business organization; changing technology; who wins and who loses;
all are kept in sight throughout the book.
Frederick Guy pulls together all these various themes. Employing
clear, vivid examples, narrative structures, and stories, it is not
a dry textbook. Economic, political, and sociological theories are
used, explained, evaluated; and employed to knit together a
collection of vivid examples and cases.
Features
- Employs clear, vivid examples
- Narrative structures, stories, and thematic links are traced
throughout the book
- Theoretical tools and concepts introduced include transaction
costs, collective action problems, comparative advantage, increasing
returns, distributional conflict, and sources of trust
- Boxes deal with longer expositions of key theories
Product Details
256 pages; ISBN13: 978-0-19-920662-9ISBN10: 0-19-920662-7
For purchase, click
here.
Curbing Bailouts
Bank Crises and Democratic Accountability in
Comparative Perspective
Guillermo Rosas
About the Book
Banking crises threaten the stability and growth of economies around
the world. In response, politicians restore banks to solvency by
redistributing losses from bank shareholders and depositors to
taxpayers, and the burden the citizenry must bear varies from case
to case. Whereas some governments stay close to the prescriptions
espoused by Sir Walter Bagehot in the nineteenth century that limit
the costs shouldered by taxpayers, others engage in generous bank
bailouts at great cost to society. What factors determine a
government's response?
In this comparative analysis of late-twentieth-century banking
crises, Guillermo Rosas identifies political regime type as the
determining factor. During a crisis, powerful financial players
demand protection of their assets. Rosas maintains that in
authoritarian regimes, government officials have little to shield
them from such demands and little incentive for rebuffing them,
while in democratic regimes, elected officials must weigh these
demands against the interests of the voters—that is, the taxpayers.
As a result, compared with authoritarian regimes, democratic regimes
show a lower propensity toward dramatic, costly bailouts.
http://press.umich.edu/titleDetailDesc.do?id=1050729
Research Confidential
Solutions to Problems Most Social Scientists Pretend They Never Have
Eszter Hargittai, editor
A new guide for a new generation of social science researchers
About the Book
This collection of essays aims to fill a notable gap in the existing
literature on research methods in the social sciences. While the
methods literature is extensive, rarely do authors discuss the
practical issues and challenges they routinely confront in the
course of their research projects. As a result, editor Eszter
Hargittai argues, each new cohort is forced to reinvent the wheel,
making mistakes that previous generations have already confronted
and resolved. Research Confidential seeks to address this failing by
supplying new researchers with the kind of detailed practical
information that can make or break a given project. Written in an
informal, accessible, and engaging manner by a group of prominent
young scholars, many of whom are involved in groundbreaking research
in online contexts, this collection promises to be a valuable tool
for graduate students and educators across the social sciences.
http://www.press.umich.edu/titleDetailDesc.do?id=268873
Striving to Save
Creating Policies for Financial Security of Low-Income Families
Margaret Sherrard Sherraden and Amanda Moore McBride
With Sondra G. Beverly
The struggles of low-income families trying to build savings
accounts
About the Book
In Striving to Save, Margaret Sherrard Sherraden and Amanda Moore
McBride examine savings in eighty-four working families with low
incomes, including fifty-nine families who participated in a
groundbreaking program of matched savings and financial education.
In-depth interviews with these families, along with savings and
survey data, shed light on saving in low-income households.
The book concludes with recommended public policy approaches for
increasing savings in households that are striving to save.
http://press.umich.edu/titleDetailDesc.do?id=231248
ZED BOOKS IN DEVELOPMENT STUDIES
Click here to download a
list of ZED Books published recently.
No Rich, No Poor
It's a sloganeering title - No Rich, No Poor - but the book develops
a deep new analysis of the historical limits of capitalism.
No Rich, No Poor draws lessons from the differences and similarities
between capitalism and previous economic orders such as feudalism.
Focusing primarily on the modern era, however, it shows why the high
point of capitalist progress is long past. For several decades the
working people of the United States have been ground down
relentlessly. The U.S. is becoming a country of rich and very rich
in one camp and common people struggling with distress in the other.
No Rich, No Poor documents what is happening and explains why.
"Every page is packed with common sense, well researched information
and undeniable truth. It's the most accessible book I have ever read
regarding how we got where we are, where we are, and what we must
do. No hysteria. No hyperbole. Just useful and actionable truth."
(Joe Bageant)
Are you working to turn around the abject "health reform" going on
in Washington; the disappearance of relatively stable jobs; the
herding of children and teachers into a regime of standardized
tests; or the wipeout of secure retirement? Long after the details
of financial thievery have sunk into obscurity, long after the ins
and outs of political maneuvering around the new Administration have
been forgotten, you will find fresh uses for the analysis in No
Rich, No Poor.
You can order No Rich, No Poor through your local bookstore and all
major book outlets.
Contents
Preface
1. Thirty-five years of decline
2. The major turning points of history
3. How the hard-fought gains stopped
4. The program for common prosperity
5. Conservatives, reformists, and the common people
Appendix
Notes
ISBN 096799053X / $11.95 / distributed through Ingram
Irving Pelham
Needle Press
Oakland, CA
Rethinking Imperialism: A Study of
Capitalist Rule
Palgrave-Macmillan 2009
By John Milios and Dimitris P. Sotiropoulos
Click here
for detailed information.
Routledge International Studies in
Business History
Recent years have seen an explosion of research in business history.
Business history is now seen variously as: a key to understanding a
vital aspect of the past, a source of parallels and insights into
modern business practice, and a way of understanding the evolution
of modern business practice. This series is not limited to any
single approach, and explores a wide range of issues and industries.
Forthcoming!
Trade Marks, Brands and Competitiveness
Edited by Teresa da Silva Lopes and Paul Duguid
December 2009 | Hardback: 978-0-415-77693-6
This book examines trademarks and brands, and their historical role
in national competitive and comparative advantage and in overall
economic growth. The contributors provide an…Read More
Innovation and Entrepreneurial Networks in Europe
Edited by Paloma Fernández Pérez and Mary Rose
August 2009 | Hardback: 978-0-415-45451-3
The entrepreneur is involved in the dance of two questions – what is
needed and what is possible. The interplay of these two questions
is…Read More
The Origins of Globalization
By Karl Moore and David Charles Lewis
April 2009 | Paperback: 978-0-415-80598-8
Origins of Globalization draws widely on ancient sources and modern
economic theory to detail the concept of “known world”
globalization, arguing that a mixed economy--similar… Read More
The Foundations of Female Entrepreneurship
Enterprise, Home and Household in London, c. 1800-1870
By Alison Kay
April 2009 | Hardback: 978-0-415-43174-3
The Foundations of Female Entrepreneurship explores the relationship
between home, household headship and enterprise in Victorian London.
It examines the notions of duty, honor and… Read More
Women and Their Money 1700-1950
Essays on Women and Finance
Edited by Anne Laurence, Josephine Maltby and Janette Rutterford
2008 | Hardback: 978-0-415-41976-5
This book examines women's financial activity from the early days of
the stock market in eighteenth century England and the South Sea
Bubble to the… Read More
To view a full list of titles in the Routledge International Studies
in Business History Series please visit the series web page
http://www.routledge.com/books/series/Routledge_International_Studies_in_Business_History
After the Crash
Designing a Depression-Free Economy
Selected works of MASON GAFFNEY
Edited and with an Introduction By
CLIFFORD W. COBB
After the Crash: Designing a Depression-Free Economy is the latest
book in the series Studies in Economic Reform and Social Justice
from The American Journal of Economics and Sociology. The book
analyzes in a unique way the causes of the current crash by showing
how such events derive from real estate bubbles and their
interactions with banks and other lenders. Mason Gaffney, explains
the current economic crisis, by developing a general theory of
capital. His theory draws on the previous findings of Knut Wicksell,
and demonstrates for readers how excessive investing in durable
capital of slow payback can destabilize and then freeze our modern
economy, which requires constant circulation and renewal of capital
to function properly. Combining that analysis with observed cycles
of land speculation, Gaffney shows how a “perfect storm” formed and
now has overwhelmed the economy.
Top
Heterodox Book Reviews
Money, Markets,
and Sovereignty
Benn Steil and Manuel Hinds, _Money, Markets, and Sovereignty_. New
Haven: Yale University Press, 2009. xi + 304 pp. $30 (hardcover),
ISBN: 978-0-300-14924-1.
Reviewed for EH.NET by George Selgin, Professor of Economics,
University of Georgia.
Click
here
to download the review.
CHINA’S THREE DECADES OF ECONOMIC
REFORMS
Ed. Xiaohui Liu and Wei Zhang, Routledge, 2010.
ISBN: 978-0-415-49600-1; 301 pages.
Reviewed by Sara Hsu, St. Edward’s University
Click
here to download the review.
Socialist Standart- Book Reviews
- Che in Power
- Conspiraloons
- Boom and bust
- Ya Basta!
Click here to
download the reviews.
Top
Heterodox Graduate Program and PhD Scholarships/Research Fellowships
Graduate programs offering study in
feminist economics
A small, but growing number of graduate programs around the world
offer courses and concentrations in feminist economics. (Unless
otherwise noted below, these offerings are in departments of
economics.)
- American University
- Wright State University
- School of Public Policy and Administration at Carleton University
- Colorado State University
- Institute of Social Studies
- Gender Institute of the London School of Economics
- University of Massachusetts-Amherst
- The Public Policy program at the University of
Massachusetts-Boston
- University of Nebraska-Lincoln
- The New School for Social Research
- University of Reading
- Roosevelt University
- Department of Women's and Gender Studies at Rutgers University
- Discipline of Political Economy at the University of Sydney
- University of Utah
Top
Heterodox
Web Sites and Associations
Real-World Economics Review Blog
The real-world economics review now has a blog at
http://rwer.wordpress.com/
It will feature contributors, past and current, to the review. Frank
Ackerman, Paul Davidson, Paul Ormerod, Kevin Gallagher, Mark
Weisbrot, Steve Keen and Dean Baker have already posted. Check it
out, add it to your web reader and post your comments.
Top
For Your Information
I wanna be an
Economist
Economic Crisis Hits States
and Municipalities
Rick Wolff
Crises expose the system's irrationalities and wasteful resource
allocations. For example, Madoff and his many, smaller imitators
reveal the tips of corruption icebergs. More important, the
crisis-induced fiscal emergencies looming in most of the 50 states
demonstrate several absurdities in our economic system.
The Center on Budget and Policy Priorities (CBPP) in Washington, DC
monitors and calculates the gap between the fifty states' tax
revenues and expenditures. The following recent CBPP chart compares
the total state budget shortfalls in both the last recession and the
current one. Today's record shortfalls measure how many billions
states will need to raise in additional taxes or cut their
expenditures (or combinations of both) in this and coming years.
At a time of crisis, while the federal government injects
unprecedented stimulus (tax cuts and expenditure increases) into the
U.S. economy, the fifty states are doing the opposite. State tax
hikes and expenditure reductions will continue to undermine or slow
any recovery. Moreover, the American Recovery and Reinvestment Act
(Obama's stimulus program) has offset only modest portions of the
states' fiscal budget shortfalls for
2009 and 2010. The CBPP estimates that the worst of the budget
crisis will hit states in 2011 and 2012. The carnage will total a
huge net $260-billion even after allowing for the federal stimulus
funds still available then to flow to states. Another way of putting
this is to note that the just released third quarter (Q3) of 2009
Gross Domestic Product (GDP) number was lower than it would have
been without the depressing effect of the fifty states' tax hikes
and expenditure cuts. We saw states and municipalities spend 1.1%
less in Q3 than they had in Q2, despite rising need.
State taxes are generally more regressive than the federal income
tax and so fall relatively harder on middle and lower income groups.
Likewise, state expenditures tend more immediately to impact those
same groups since they include major supports for public education
and myriad social programs. The negative economic effect of the
states' fiscal crises will heavily impact the mass of U.S. citizens
already angered by high unemployment and foreclosure rates as they
observe trillions of bailout dollars flowing to banks and
corporations ‘too big to fail.’
Continue reading:
http://www.socialistproject.ca/bullet/268.php#continue
Big Tobacco Strikes Back at
Historian in Court
He has criticized colleagues who aid companies' legal defense.
Historians, like Stanford U.'s Robert N. Proctor, have played a key
role in tobacco trials, both as expert witnesses and as consultants.
Tobacco companies facing lawsuits want to prevent his appearing in
court on behalf of plaintiffs.
By Peter Schmidt
Click
here to read the paper.
An Old Master, Back in Fashion
By DEVIN LEONARD
Published: October 31, 2009
BY the time he died in 1946, the economist John Maynard Keynes had
become that rarest of creatures in his profession: a celebrity. The
most powerful leaders in the free world subscribed to his theory
that markets were driven by emotions and that in moments of crisis,
governments could calm investors by doling out stimulus money.
Associated Press
New books re-examine the life and theories of John Maynard Keynes.
Related
Times Topics: John Maynard Keynes
When Keynes and his wife, Lydia, arrived in New York aboard the
Queen Mary in 1943, they were mobbed by photographers. Even the
paparazzi seemed to understand that his prescription had helped
countries on both sides of the Atlantic recover from the Depression.
Three decades later, though, the same ideas were consigned to the
dustbin when world leaders swooned over Milton Friedman and his
disciples at the University of Chicago. They preached that markets
were inherently self-regulating and that government intervention
would only muck things up. Their laissez-faire views were more
suitable for the rise of Ronald Reagan and Margaret Thatcher.
Now the old master is once again in vogue. After the financial
markets blew up last year, governments around the world swiftly
enacted Keynesian stimulus packages. Almost as rapidly, three
longtime Keynes chroniclers have produced books that try to explain
who he was and what he believed.
The British historian Peter Clarke has written the liveliest of the
three, called “Keynes: The Rise, Fall, and Return of the 20th
Century’s Most Influential Economist” (Bloomsbury Press, 211 pages).
Mr. Clarke, a former history professor at Cambridge and the author
of two previous books about his subject, serves up a gossipy account
of Keynes’s personal life.
There is rich material here. Even if Keynes had not altered the
course of economic thinking with his path-breaking “General Theory
of Employment, Interest and Money” in 1936, he would still be
remembered for the company he kept. He belonged to the Bloomsbury
group, the London literary set whose members included Virginia Woolf
and E. M. Forster.
Keynes shared their passion for dazzling prose and their
predilection for sexual experimentation. Mr. Clarke writes that
Keynes had numerous dalliances with other men and kept a list of his
many conquests. Later, however, he married the glamorous Russian
ballerina Lydia Lopokova.
Mr. Clarke says their union was happy.
“Its manifest success owed much to Lydia’s uninhibited sensuality,
not least in removing Maynard’s feelings of sexual insecurity,” Mr.
Clarke explains. “Their failure of have children was not for want of
trying.”
The historian’s prose sparkles, and his book is the place to begin
if you want to understand the economist’s personality and charisma.
But Mr. Clarke’s focus on Keynes the man means that his account of
Keynes the economist suffers. You finish this slim volume without
knowing what he stood for and why he remains so significant.
Paul Davidson, an economics professor at the University of Tennessee
and editor of the Journal of Post Keynesian Economics, does a better
job of this in “The Keynes Solution: The Path to Global Economic
Prosperity” (Palgrave Macmillan, 196 pages). A true believer, Mr.
Davidson lays out Keynesianism in easy-to-understand language and
makes a strong case that it is just as relevant today.
There are some doubters who fear that Keynesian spending is
dangerous because it produces unbalanced budgets. Mr. Davidson
responds that deficits in times of crisis lead to prosperity when
the economy recovers.
“As a child of the Depression and a young teenager during World War
II, I have never felt burdened by huge government deficits,” he
writes. “The great generation who were adults during those years
left their children a legacy of abundance and prosperity.”
Mr. Davidson argues that the Chicago gang’s belief that investors
can calculate future risk by using prophetic mathematic models is
more frightening. Who can argue with that after last year’s debacle?
The most tantalizing part of the “The Keynes Solution,” however, is
the appendix, entitled “Why Keynes’s Ideas Were Never Taught in
American Universities.” Mr. Davidson writes about how the work of
one of his fellow Keynesians was attacked by William F. Buckley Jr.
in the 1950s and how other peers watered down Keynes’s teachings to
avoid similar controversy.
Robert Skidelsky, Keynes’s pre-eminent biographer, has produced the
most satisfying post-crash analysis of the economist in “Keynes: The
Return of the Master” (PublicAffairs, 220 pages).
An emeritus professor of political economics at the University of
Warwick in England, Mr. Skidelsky is scornful of economists who, he
believes, practice a “fundamentally regressive discipline.” He
argues that Keynes was different because he was a moralist who
believed the field could be used to improved people lives.
What’s more, the biographer says Keynes was hardly the
quasi-socialist that right-wing critics would have us believe even
today.
The author says that Keynes would have been troubled by the United
States’ longstanding policy of running deficits even in prosperous
times and that he opposed tax rates higher than 25 percent. The book
adds that Keynes shared the Friedman view that governments could
stabilize prices by limiting the money supply.
Mr. Skidelsky is pessimistic about the financial industry reforms
that are taking shape in the United States and England. He fears
that regulators and banks will continue to use “mathematical
financial models for measuring and continue risk which promise more
than they can deliver.”
If that’s true, the recent wave of Keynesian stimulus spending could
be for naught. But then, it’s too much to expect Keynes to save us
now. What the world really needs are more farsighted economists who
can capture the public’s attention as he did in his day. Where is
the next John Maynard Keynes?
Mathematicians Against Free
Trade
BACKGROUND
In 1999, more than 40,000 loosely affiliated protesters gathered in
Seattle beneath a banner reading “Fair Trade Not Free Trade.” The
resulting “Battle in Seattle” was front-page news for more than a
week, and forced the mainstream media to concede—however briefly and
reluctantly—that free trade inflicts severe hardship on both people
and nations.
The free trade lobby responds that, however much harm the policy may
do, the benefits exceed the costs. Unable to support that dubious
claim with credible estimates, the lobby substitutes “expert
testimony” to the effect that the asserted inequality has been be
“proven mathematically,” and is therefore as indisputable as
Hölder’s or Jensen’s. Blinded by such erudition, policy and opinion
makers no longer deem tried and true alternatives to free trade
worthy of consideration by Congress and/or the World Trade
Organization. Hence the need for mathematical input to the next
round of policy debates about globalization and trade. Who better to
explain how utterly irrelevant is mathematical proof in situations
devoid of self-evident—or even carefully chosen—hypotheses to argue
from, and of hard data against which to test the eventual
conclusions?
We at Mathematicians Against Free Trade urge our colleagues to
acquaint themselves with the cases both for and against free trade,
before deciding which if either cause deserves support in the coming
debates. To get them started, a brief tutorial is posted on this web
site, along with a reading list for further study.
www.FreeTradeMath.org.
Online Petition for Tougher
Financial Regulation in Europe:
The global financial
crisis is affecting every aspect of our lives, threatening jobs,
savings, pensions and public services everywhere.
Today’s crisis is not just another economic downturn. We are living
through a systemic crisis, which has had devastating consequences
across the globe: a crisis in the unregulated global financial
market system that sacrificed long-term investment, jobs, wages,
environment and the well being of the planet and its people, for the
benefit of a minority. This crisis must be the trigger for a
wholesale reform of the global economic order. We have an
opportunity to transform the financial status quo. A new paradigm is
needed which privileges sustainable development and social justice,
not profit for profit’s sake.
Financial reform: Europe is not on the right track!
The financial reforms which have recently been undertaken in Europe
are fragmented and have limited scope. EU proposals so far are
limited and fall short of what is needed to shape a sound financial
system. There is an obvious lack of political will, and some recent
short term improvements on financial markets are being used by
certain European leaders to avoid legislation, and go back to
“business as usual”. That will only lead to increased job losses and
new crises. It is simply unacceptable to put citizens at further
risk. We must stop this.
Let’s take action!
It’s time for citizens around Europe to raise our voices and demand
that the fundamental causes of this crisis be addressed -- we need
tough rules to stop the financiers’ folly, and a new framework that
better serves the public interest. The unregulated global financial
market and economy must be subject to fair and transparent global
governance. EU governments and the European institutions must put
social justice and a new respect for the planet at the forefront of
the debate on financial reform. That’s why it’s so important for
Europeans to join forces for financial reform.
Europeans for financial reform
Europeans for financial reform is a coalition of progressive forces,
ranging from NGOs to Trade Unions, citizens, academics and
progressive politicians, that have come together to spearhead a
campaign for real reform in our banking and financial system. The
campaign was launched on September 21st 2009, and the coalition is
growing, with new members joining our campaign every day
(http://europeansforfinancialreform.org/en/user/register).
We are committed to a common goal: reforming the financial markets,
so that they serve the real economy and jobs. The crisis has shown
how the financial sector became divorced from the needs of the real
economy and real value creation. Radical reform of the financial
sector is now of fundamental importance if we want to re-establish
its proper role at the service of citizens and businesses and
prevent such a crisis ever happening again.
http://europeansforfinancialreform.org/en/about
Lending must support the real
economy
By Dirk Bezemer
Published: November 4 2009 22:21 | Last updated: November 4 2009
22:21
Economists have been mulling over the shape financial reforms should
take. Robert Shiller wrote on these pages in defence of “financial
democracy”, arguing that a wide range of financial products allows
everyone to access liquidity and insure against risk. A week earlier
in The New York Times, Paul Krugman pinpointed the way bankers are
paid as the focal point of reforms. The problem with these
discussions is that they introduce red herrings. Dear top
economists, the problem is debt. Any solution that sidesteps this is
a non-starter.
As I wrote in the FT last month, the crisis and recession were not
all that difficult to predict once you started to look at the flow
of funds – at credit and debt – and at the financial sector as
separate from the real economy. Following the same logic, it should
now be fairly uncontroversial what our long-term aim in financial
reform is. It is to redirect lending away from bloating the
financial sector and towards supporting the real economy, rather
than loading it down with debt.
In the 1980-2007 era of cheap credit and deregulation, banks had
every incentive to move from real-economy projects, yielding a
profit, towards lending against rising asset prices, yielding a
capital gain. In the 1990s and 2000s, loan volumes rose to
unprecedented levels, supporting global assets booms in property,
derivatives and the carry trade. The share of lending by US banks to
the US financial sector – instead of to the real economy – went from
60 per cent of the outstanding loan stock in 1980 (up from 50 per
cent in the 1950s) to more than 80 per cent in 2007.
But the price was growing indebtedness. Profit and capital gains may
look much the same to the individual bank – a stream of revenues –
but they have different macroeconomic consequences. Lending to the
real sector is self-amortising: it creates a debt, but also the
value-added to repay principal and interest. Such loans enlarge the
economy in proportion to the debts created and are financially
sustainable. By contrast, loans to create or buy financial assets
and instruments are not, by themselves, self-amortizing. In a credit
boom, successive owners may sell the asset at a profit, but their
buyers will have to shoulder proportionally more debt in order to
acquire the asset, balanced (for the time being) by the asset’s
value. Asset trading may be individually profitable; but it is a
zero sum game, sustainable only if the real economy furnishes enough
money to support the rising debt burden. Beyond a point, the lure of
capital gains diverts funds from real-sector investment, and
households’ rising debt-service cuts demand for real-sector output.
In both ways, excessive growth of financial asset markets is
self-defeating.
This logic may be traced in the statistics (all figures from the
Bureau of Economic Analysis). The US stock of loans to the real
sector (as a proportion of gross domestic product) has remained
roughly constant since the 1980s. In contrast, loans by US banks to
other US banks have grown from 2.5 times GDP in 1980 to a factor of
5.8 in 2007 – all attributable to growth in loans to the financial
sector. The US financial sector was over three times larger in 2007
compared with 1980.
Credit flowing into asset markets created a debt overhead while the
real economy’s capacity to pay the debt declined. Demand for the
real sector’s output also suffered as US households by 2007 were
paying over a fifth of their after-tax, disposable income to the
financial sector in debt servicing and financial fees. The US had
become an economy trying to drive with the brakes on. The
real-sector recession, after the 2007 financial crisis, occurred
because the real economy had become overly dependent on continued
lending against rising asset values. Those are the trends that
financial reforms must curb.
A promising policy avenue is tax reform. During the asset boom of
the last decades, taxes on capital gains in the US, UK and most
other OECD economies have fallen sharply relative to value added tax
and labour taxes. When the banks have recovered, they need a
regulatory and policy climate that discourages the pursuit of
capital gains for their own sake, and which favours growth of the
real economy. Finance should be the economy’s handmaiden, not the
other way round.
In this perspective, it is beside the point to focus on exorbitant
bonuses or financial democracy. In fact, Mr Shiller’s proposal risks
boosting yet again the volume of financial instruments and the debts
they generate. Didn’t we once welcome credit derivatives for
extending mortgage finance to the financially unreached? We forgot
that such instruments need to have a basis in the real economy.
Likewise, enthusiasm about the rally in asset markets (even as the
real economy continued to contract) shows how widespread the
confusion between the financial sector and the real economy is. The
priority now is not to revitalise asset markets, but to transform a
bloated and dysfunctional financial sector towards one that supports
the real economy in a sustainable and cost-efficient way.
The earlier piece is at
http://www.ft.com/cms/s/0/452dc484-9bdc-11de-b214-00144feabdc0.html
The writer is a fellow at the Research School of the Economics and
Business Department, University of Groningen
Steelworkers
Seek Job Creation via Worker-Owned Factories
‘One Worker, One Vote:’
US Steelworkers to Experiment
with Factory Ownership,
Mondragon Style
By Carl Davidson
Beaver County Blue
Oct. 27, 2009–The United Steel Workers Union, North America’s
largest industrial trade union, announced a new collaboration with
the world’s largest worker-owned cooperative, Mondragon
International, based in the Basque region of Spain.
News of the announcement spread rapidly throughout the communities
of global justice activists, trade union militants, economic
democracy and socialist organizers, green entrepreneurs and
cooperative practitioners of all sorts. More than a few raised an
eyebrow, but the overwhelming response was, “Terrific! How can we
help?”
Click
here to read the paper.
Ssangyong Motors Strike in
South Korea Ends in Defeat and Heavy Repression
Loren Goldner
The Ssangyong Motor Company strike and plant occupation in
Pyeongtaek, South Korea, ended after 77 days on Aug. 5. For the 976
workers who seized the small auto plant on May 22 and held it
against repeated quasi-military assault, the settlement signed by
Ssangyong court receivership manager Park Young-tae and local union
president Han Sang-kyun represented a near-total defeat. Worse
still, the surrender was followed by detention and interrogation of
dozens of strikers by police, possibly to be followed by felony
charges, as well by a massive ($45 million) lawsuit against the
Korean Metal Workers' Union and probable further lawsuits against
individual strikers for damages incurred during the strike. The
hard-right Korean government of Lee Myong Bak is signaling with
these measures-its latest and most dramatic "take no prisoners"
victory over popular protest in the past year and a half-- its
intention to steamroller any potential future resistance to its
unabashed rule on behalf of big capital.
Click
here to read the paper.
Warren Samuels
Prize
The Association for Social Economics (ASE), one of the founding
member organizations of the Allied Social Science Associations,
together with the Review of Social Economy, would like to invite
submissions for the 2010 Warren Samuels Prize
This prize is awarded to a paper, presented at the January ASSA
meetings, that best exemplifies scholarly work that:
• Is of high quality,
• Is important to the project of social economics,
• Has broad appeal across disciplines.
It is preferable, but not required, that the paper is presented at
one of the ASSA sessions sponsored by the Association for Social
Economics. Papers will not normally exceed 6,500 words (inclusive of
references, notes), and should follow the style guidelines for the
Review of Social Economy.
The winner of the prize will be announced during the ASE
presidential breakfast, to which the winner is invited. The winning
paper may, subject to peer review, be published in the subsequent
September issue of the Review of Social Economy.
The winner of the Warren Samuels Prize receives a $500 stipend.
The selection committee consists of:
A Past-President of ASE;
A Co-editor of the Review of Social Economy (Chair);
A member of the Editorial Board, Review of Social Economy.
Papers presented at the 2010 ASSA meetings in Atlanta, GA, in
sessions not restricted to sessions in the ASE programme, may be
send electronically, as a word or pdf attachment, to Wilfred Dolfsma,
Corresponding Editor, Review of Social Economy, before December 5th,
2009 at w.a.dolfsma@rug.nl.
Réseau de
Recherche sur l’Innovation
Chère Madame, cher Monsieur,
Nous avons le plaisir de vous informer que l’éditorial de novembre
du Réseau de Recherche sur l’Innovation, « L’artisanat et la très
petite entreprise : Un véritable enjeu pour la société ou une
antienne bien commode en période de crise ? », est disponible ici :
http://rrifr.univ-littoral.fr/?p=165
Research Network of Innovation
Dear Madam, Dear Sir
We are pleased to inform you that the editorial for November from
the Research Network of Innovation « The Crafts Industry and the
Very Small Firm: A Real Challenge for the Society or a Very
Convenient Antiphony in Times of Crisis ?» is available here :
http://rrien.univ-littoral.fr/?p=117
Building a Solidarity Economy
How can one small Brooklyn-based co-op help create an economy
founded on teamwork, social justice, and democracy?
by Annie McShiras
posted Oct 15, 2009
Photo courtesy of Annie McShiras. Members of Beyond Care, a
childcare cooperative based in Sunset Park, Brooklyn, advertise at a
street fair.
Jackie Amezquita isn’t your typical nanny. During the workday, she
cares for her clients’ young children, educating and nurturing them.
But as president of Beyond Care, a 19-member childcare cooperative
based in Sunset Park, Brooklyn, her reach extends far beyond those
individual families.
Click
here
to read the paper.
Smith's 'invisible hand' was
an ideal- not a reality
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