Heterodox Economics Newsletter, Issue 104 | September 6, 2010 | 1 |
Heterodox Economics Newsletter
Issue 104 | September 6, 2010
http://heterodoxnews.com/n/htn104.html [read]
http://heterodoxnews.com/n/htn104.pdf [download]

From the Editors

The community of heterodox economists is made to exist and expand by virtue of voluntary efforts of heterodox economists and institutions. We, Editors, are proud of making such a contribution to the community. To be honest, it was not until we started publishing Heterodox Economics Newsletter that we realized how much time and effort the editor devoted to it everyday. The Newsletter is just an example. Another conspicuous example is  Real-World Economics Review (formerly known as Post-Autistic Economics Review) that most of you (currently 11,500 subscribers) are receiving regularly. We do not know how exactly the Review is made; but we are quite sure that the Editor, Edward Fullbrook, has been spending lots of his own time, energy, and resources to manage the Review. Although the subscription of the Review is free, the value of the Review is certainly priceless. According to Fullbrook’s email to subscribers dated September 2, “Unfortunately, the private pocket that has funded these projects for ten years is not as full as it was and is finding it increasingly difficult to continue to provide these services at their present level.” So why don’t you make a little donation to Real-World Economics Review since we need it for our heterodox economics community (donate here).


As usual, this issue of the Newsletter has lots of news to announce. We’d like to call your attention to a couple of news entries. The one is a relatively new heterodox journal, International Journal of Pluralism and Economics Education. The current issue of the Journal contains very interesting articles. Check this out. The other is INET (Institute for New Economics Thinking) established a year ago. We think that it is worthwhile for heterodox economists to make use of this Institute (and its grants) to make changes in economic theory and education.


Lastly, see new additions/updates to the Newsletter website:  “100 words on Heterodox Economics” and  subscription data.

In solidarity,

Tae-Hee Jo and Ted Schmidt, Editors

Email: heterodoxnews@gmail.com

Website: http://heterodoxnews.com

Table of Contents
Call for Papers
Association for Institutional Thought (AFIT) 2011 Conference
AFIT: Sixth Annual Student Scholars Award Competition
Third Seminar on Heterodox Microeconomics: Monopoly, Transnational  Firms, Theory and Practice
Journal of Critical Globalisation Studies: The Idea of Crisis
Historical Materialism: Special Issue on the Middle East
International Conference on Economics and Finance
Market and Happiness: Do economic interactions crowd out civic virtues and human capabilities?
Power and the History of Capitalism
Tensões Mundiais
Call for Participants
AJES Workshop: Social Provisioning, Embeddedness, and Modeling the Economy
Conférence de Gilles Dostaler: MARX, KEYNES et la THÉORIE GÉNÉRALE
Ecosocialist International Network Conference
From History of Economics to Histories about Economics
The Global Economic Breakdown—A Marxist Analysis
The Governance of Nature
International Conference on Production and Distribution
IIPPE: First International Conference in Political Economy
Jobs and the Future of the US Economy: Possibilities and Limits
The 14th conference of the Research Network Macroeconomics and Macroeconomic Policies (FMM)
FMM Introductory Workshop on Post Keynesian Economics
Roundtable on Marx’s 'Capital'
Fall NYC Study Group(s)
Conference Papers, Reports, and Ariticles
Buyer Power in U.S. Hog Markets: A Critical Review of the Literature
Job Postings for Heterodox Economists
Corporate Strategy and Industrial Development (CSID), South Africa
Good Jobs New York, USA
Marymount Manhattan College, USA
Penn State University, USA
Purchase College, The State University of New York, USA
University of Washington-Tacoma, USA
Villanova University, US
York University, Canada
Heterodox Journals
Business History Review, 84(2): Summer 2010
Cambridge Journal of Economics, 34(5): September 2010
Historical Materialism, 18(3): 2010
International Journal of Pluralism and Economics Education, 1(3): August 2010
Journal of Agrarian Change, 10(3): July 2010
Mother Pelican, 6(9): September 2010
TripleC (cognition, communication, co-operation), 8(2): 2010
Heterodox Newsletters
CCPA: August 2010
Development Viewpoint #54
IDEAs: August 2010
IWPR: August 2010
Global Labour Column
Levy News: August 2010
NEF e-Letter: August 2010
Policy Pennings
Heterodox Books and Book Series
G. D. H. Cole: Selected Works
The Economics Of Abundance: Affluent Consumption and the Global Economy
Effective Demand, Economic Growth and External Constraints: Rethinking Regional Integration in Latin America
Envisioning Real Utopias
Floodlines: Community & Resistance from Katrina to the Jena 6
The Great Credit Crash
The Making of a Transnational Capitalist Class: Corporate Power in the 21st Century
Marcelo Diamand. Escritos Economicos.
Handbook on Trade and the Environment
Heterodox Book Reviews
Debt, Innovations, and Deflation: The Theories of Veblen, Fisher, Schumpeter, and Minsky
Empire and Globalization: Networks of People, Goods and Capital in the British World, c. 1850–1914
The Road from Mont Pèlerin: The Making of the Neoliberal Thought Collective
Francis Ysidro Edgeworth: A Portrait with Family and Friends
Laurence S. Moss (1944-2009): Academic Iconoclast, Economist and Magician
Marx and Philosophy Review of Books
Heterodox Graduate Programs and Scholarships
Spencer Foundation Dissertation Fellowships for Researches related to Education
Heterodox Web Sites and Associates
Business History Conference Weblog
Common Sense Journal Now Online
Institute for New Economic Thinking
Marxsite is Back
The Socialist Project website
Heterodox Economics in the Media
The Dismal State of Economic Theory and the Opportunity for a New Beginning
‘New paradigm’ is just an update
Queries from Heterodox Economists
Financial Reform Proposals
Henryk Grossman Project: Assistance sought
Research on Corporate Markups
For Your Information
Help secure the future of the Real-World Economics Review
Christopher Freeman (11th September 1921 - 16th August 2010)

Call for Papers

Association for Institutional Thought (AFIT) 2011 Conference

April 13-16, 2011 | Salt Lake City, Utah. Hilton Salt Lake Center
In conjunction with the Western Social Science Association (WSSA) 53rd Annual Conference

Theme for the 2011 Conference: Institutionalism and Building Heterodox Economics


Call for Papers (updated August 24, 2010)

Institutional economics starts from the view that the social provisioning process is an instituted process and that institutions along with organizations such as the business enterprise, cartels, trade unions, and governmental bodies are basic units of economic analysis. The Association for Institutional Thought provides an excellent platform for the delivery of papers concerned with theoretic and applied issues in a broad range of areas, including but not limited to macro and monetary economics, microeconomics, political economy, labor, regulatory and environmental economics, economies in transition, history of thought, instituti

onal selection and evolutionary theory, healthcare, trade and globalization, poverty and inequality, and the economics of sports. The Association invites contributions that employ heterodox theory and models or techniques of investigation and analysis. AFIT sessions are well-attended, and presenters can expect to receive valuable comments on their work. Proposals for complete panels (including discussant(s)) are welcome.

The theme for the 2011 AFIT conference is: Institutionalism and Building Heterodox Economics. Institutional economics is an important contributor to the building of heterodox economics. The 2011 theme recognizes this contribution and wants to further it. Therefore, the conference organizer is interested in papers and sessions that address theoretical issues that engage both institutional economics and other approaches in heterodox economics—such as, for example, institutional contributions to heterodox production and cost theory or institutionalist view of resources as becoming and the Georgist view of land as a factor of production. The organizer is also interested in papers and sessions that historically and theoretically examine important institutional-heterodox concepts—circular production, cumulative causation, social embeddedness, and the definition of economics as the science of the social provisioning process. Finally, the organizer recognizes that there are many topics of interest to institutional-heterodox economists that are not connected to the conference theme: papers on those topics are welcome as well.

Proposals for complete sessions are encouraged—see the submission format below. If you are proposing a complete session, please arrange to have discussants for your papers and a moderator for your session.

AFIT encourages proposals from graduate students, and it is anticipated that at least one and possibly more panels of graduate student papers will be included in the program this year. In addition, AFIT will continue to sponsor prizes for outstanding student papers. A formal announcement of this year’s competition is attached.

AFIT will continue the tradition of having one or more sessions that explores ideas, experiences, and materials to advance economic education from institutional and other heterodox perspectives. Participants in these roundtables are encouraged to submit their materials to the conference organizer for posting on the AFIT web site. AFIT is also receptive to proposals for panels to review and discuss books recently published by AFIT members.

For more information, download Call for Papers.

AFIT: Sixth Annual Student Scholars Award Competition

The Association for Institutional Thought (AFIT) proudly announces the Sixth Annual AFIT Student Scholars Award Competition. The aim of AFIT is to encourage undergraduate and graduate students in Economics and Political Economy to pursue research in topics within the Institutional Economics framework.

Between three and five winning papers will be selected. Winners are expected to present their research during a special session at the Annual Meetings of AFIT, held during the Western Social Science Association’s 53rd Annual Conference at the Hilton Salt Lake Center, Salt Lake City, April 13-16, 2011.

Winners will each receive:

Winning papers must be presented at a special AFIT session in order to be eligible for the prize. Prizes will be presented during the AFIT Presidential Address Dinner.

Application Procedures and Deadlines

Christopher Brown
Department of Economics and Finance
Arkansas State University
P.O. Box 729
State University, AR 72467-0729
Phone: (870) 972-3737
email: crbrown@astate.edu

Winners will be notified by 1/15/11.

For more information about AFIT, visit our website at site at www.associationforinstitutionalthought.org and download Call for Papers.

Third Seminar on Heterodox Microeconomics: Monopoly, Transnational  Firms, Theory and Practice

October 14-16, 2010 | Universidad Nacional Autónoma de México

The deadline for paper submissions is extended to October 1, 2010
Call for papers and other details can be found at the conference website: http://www.economia.unam.mx/smh/english/callforpapers.html

Journal of Critical Globalisation Studies: The Idea of Crisis

The Journal of Critical Globalisation Studies invites submissions for a Special Issue on 'The Idea of Crisis'.

The concept of ‘crisis’ has a long and complex lineage in the human sciences. On the one hand, it has been consistently deployed to understand issues of order and change since at least the 18^th century. Influential contributions run the gamut from Marx on the evolution of macro-social structures all the way through to Lacan on how the individual finds and maintains its place within these. On the other hand, its sheer ubiquity and apparent polyvalence have served to render the concept an object of inquiry in its own right. Conceptual historian Reinhart Koselleck, for example, has written at length on how the term’s meanings and referents have varied across space and time.

In the contemporary study of global politics, this richness of meaning is on full display. Indeed, both during and after the Great Credit Crash of 2007-2009, the notion of ‘crisis’ has been widely employed in a range of different ways. For example, it has been used to identify different periods in world history and to account for specific pathways of institutional transformation; to describe the contradictions that underpin the failure of a political or economic system to function, and to understand the interpretive struggles triggered by the recognition of these failures. Within the very broad remit of thinking about ‘The Idea of Crisis’, the/Journal of Critical Globalisation Studies /invites full-length articles, essays (pieces up to 5,000 words), and book reviews for its fourth issue. The aim of the special issue is to bring together academics from a range of disciplinary backgrounds in order to explore how different theories of crisis or change may feed into the historical process itself. The editors particularly welcome pieces that explore some of the following questions (although without intending to proscribe any other avenues contributors may wish to explore):

To be considered for publication, contributions must be submitted electronically as email attachments to abstracts@criticalglobalisation.com <mailto:abstracts@criticalglobalisation.com>. The submission deadline is 1st December 2010. Manuscripts should be prepared according to the journal’s guidelines which are available on the website. For more information about the themes of the special issue in advance of the deadline for full manuscripts, please contact the editor-in-chief for issue 4, Amin Samman: amin@criticalglobalisation.com <mailto:amin@criticalglobalisation.com>.

Download Call for Papers.

Historical Materialism: Special Issue on the Middle East

Historical Materialism invites submissions for a special issue on the Middle East, conceived broadly to include: the Arab world from the Atlantic to the Gulf, Israel/Palestine, Iran and Turkey. HM is a Marxist journal, appearing four times a year, based in London. HM asserts that, notwithstanding the variety of its practical and theoretical articulations, Marxism constitutes the most fertile conceptual framework for analysing social phenomena with an eye to their overhaul. In its selection of materials, HM does not favour any one tendency, tradition or variant of Marxism.

In the contemporary period, the Middle East remains a key flashpoint of global politics, rent by occupation, imperialism and the fallout of global economic crisis. In this context the insights of Marxism, in all its variations, could provide a much-needed corrective to the ahistorical and elite-focused theorizing that typifies analysis of the Middle East. Aiming to publish such analysis, the HM special issue will unite a range of innovative Marxist work on the Middle East across a broad spectrum of academic disciplines, to reflect critically on the region’s social, political and economic development as well as the future trajectories and prospects for the Left. Contributions are invited on topics including, but not limited to, the following:

Potential contributors are invited to submit a short abstract (max. 200 words) outlining the key arguments of their prospective paper to Jamie Allinson, Sebastian Budgen and Adam Hanieh at historicalmaterialism@soas.ac.uk by October 1, 2010. Final papers (max. 12,000 words length) will be expected to be submitted by 1 May 2011 and the journal will be published in early 2012.

International Conference on Economics and Finance

"Recovery and After"
January 4-5, 2011 | IBS Bangalore, India | Conference website: www.ibsindia.org

‘Great Recession’ witnessed by the global economy during the last seven quarters or so, seems to be ending now and, as has been recently reported by the IMF, the recovery is underway. Fiscal expansionary policies pursued by governments across the global had by and large caused the recovery. While recovery is certainly
encouraging, the success lies, not only in the behavior of numbers but also in devising appropriate institutional framework based on various lessons learnt from the causes and consequences of the recession, so as to avoid recurrence of similar crisis. This calls for reflection and deliberation of the issues associated with the Great Recession. Keeping this in view, this Conference aims to bring together scholars under the central theme of ‘Recovery and After’. This is the Seventh successive conference organized by the IBS Bangalore
(IBSB), with a view to provide a platform for researchers working in diverse areas in economics and finance. Original papers in the following areas are invited.

Communications should be sent to:
Dr. J. Dennis Rajakumar
Conference Coordinator
IBS Bangalore
#19/3 Srinivasa Industrial Estate
Behind METRO, Kanakapura Road
Bangalore- 560 062, India
Ph: +91-80-26860100; Fax: +91-80-26860029
Email: ibsbconf@gmail.com

For more information, download Call for Papers and Registration Form.

Market and Happiness: Do economic interactions crowd out civic virtues and human capabilities?

Milan |  June 8-9 2011

HEIRs (happiness economics and int. relations) association, Bicocca Economics Departements and Irec (international review of economics) are pleased to announce the Conference: "Market and Happiness" (Milan
8-9 June 2011), with M. Nussbaum, B. Frey, R. Sugden among the keynote speakers.

The conference site: http://dipeco.economia.unimib.it/marketandhappiness/ and Call for Papers.

Important Dates

Power and the History of Capitalism

April 15-16, 2011 | New School University in New York City

The History Department of Lang College and the New School for Social Research and the Culture of the Market Network of the University of Manchester are pleased to announce a conference on Power and the History of Capitalism, to be held April 15-16, 2011 at the New School in New York City.

This conference seeks to sharpen our long-term historical perspective on relations of power, politics, and modern capitalism, with a special emphasis on United States history from the eighteenth to the twenty-first century. We ask how capitalism and its periodic crises have revised political rights and responsibilities, reconfigured political practices and institutions, and redistributed wealth. Conversely, we aim to analyze how power relations – whether organized by state policy and laws, structured by social norms and institutions, articulated in ideology, or embedded within racial, gender and class relations -- have shaped economic outcomes. The ongoing crises of contemporary capitalism – as well as the heightened emphasis on questions of power within the social sciences and humanities – invest these questions with new urgency.

This event will be the third meeting of the Culture of the Market Network, a two-year collaboration between the University of Manchester, Oxford University, the New School, and Harvard University. The Network brings together an international group of scholars from the humanities and social sciences to investigate in four conferences how economic ideas, institutions, practices and objects are embedded in the wider culture. The project also aims to reinsert the study of markets, finance and business into mainstream history.

Conference Themes and Topics
Organizers of the conference solicit papers that will examine the mutual constitution of political and economic systems in the United States. Possible themes and topics may include:

Proposals for papers must include the following information:
All proposals must be sent to powerandhistoryofcapitalism@gmail.com no later than October 1, 2010.
Notification will be sent November 1, 2010.

Further Information: http://www.arts.manchester.ac.uk/cultureofthemarket/

Tensões Mundiais

Call for Journal Contributions

Tensões Mundiais is a multidisciplinary academic journal published twice yearly by the Nationalities’ Observatory, a research group located at the Universidade Federal do Ceará, Brazil. We welcome original contributions centered on the processes of national formation, including but not limited to the issues of international relations, culture, state instruments of force, national defense and foreign policy. Articles can be submitted in English, Portuguese or Spanish. For further details see http://www.tensoesmundiais.ufc.br/ or contact the editors at tensoesmundiais@ufc.br or observatoriodasnacionalidades@ufc.br

Call for Participants

AJES Workshop: Social Provisioning, Embeddedness, and Modeling the Economy

I am hosting a small workshop at UMKC to examine the themes of social provisioning, embeddedness, and modeling the economy in an integrative fashion. It will take place on September 24-26, 2010. The papers in the workshop will focused on the following:

Social provisioning process: as the definition of economics, the history of the concept, and implications for conceptualizing economic theorizing and modeling the economy as a whole.

Embeddedness: deals with the notion of what social embeddedness means and its use for theoretical analysis in economics and for modeling the economy as a whole.

Modeling the economy as a whole: integrating input-output analysis, social fabric matrix, social accounting matrix, social surplus approach, social structures of accumulation, system dynamics, ecology and resources, gender, state money, and stock-flow models into a coherent model of the economy as a whole which can be used for theoretical and applied work at both the macroeconomic and microeconomic level of the economy.

The workshop is open to anyone who wants to come and contribute to the discussion. There are costs involved with regard to food. Anyone who is interested in coming, please e-mail me ajes@umkc.edu. For more information about the workshop, please click http://heterodoxnews.com/ajes.

Fred Lee

Editor, American Journal of Economics and Sociology

Department of Economics

University of Missouri-Kansas City

5100 Rockhill Road

Kansas City, Missouri  64110


E-mail:  ajes@umkc.edu

Conférence de Gilles Dostaler: MARX, KEYNES et la THÉORIE GÉNÉRALE

Vendredi 17 septembre de 14 h à 16 H.

Pour fêter la fin des vacances, le LEREPS organise une conférence de GILLES DOSTALER de l'UQAM (Canada) qu'il est inutile de vous présenter. Cette conférence aura lieu à la manufacture des Tabacs à TOULOUSE le Vendredi 17 septembre de 14 h à 16 H. Le titre de l'intervention sera " MARX, KEYNES et la THÉORIE GÉNÉRALE".

Remis de ses problèmes de santé, c'est avec une grande joie que nous reverrons à cette occasion Gilles en France. Renseignements auprès de l'organisateur Olivier BROSSARD

Université de Toulouse/Toulouse University
Institut d'Etudes Politiques/Political Studies Institute
LEREPS-Université Toulouse 1

Ecosocialist International Network Conference

Paris | September 26-27, 2010

Dear Friends,

As you probably know, our network was founded in 2007, profiting from the International Marx Conference in Paris, which attracted scholars and activists from various countries around the world.  We intend to do the same thing this year, just after the International Marx Conference (September 22-25, 2010). It would take place on September 26-27, 2010.  It will be the occasion to exchange ideas about ecosocialism, consider future initiatives, leaflets or publications, as well as to reorganize our leading bodies.  The Conference will take place at the Mairie du 2ème arrondissement (Townhall of the second Paris district), 8 rue de la Banque, first floor; nearest underground station (Metro) : Bourse.  The room is called "Salle des expositions", and it can accommodate some 80 people.  We will have the room at our disposition on Sunday September 26, from 9,30 to 19,30 hours, as well as also, probably, on Monday September 27.

For the EIN Secretariat,

Joel Kovel, Michael Löwy
Web: http://www.ecosocialistnetwork.org/

From History of Economics to Histories about Economics

October 16, 2010 | Duke University, Center for the History of Political Economy
Rhodes Conference Room, Sanford School of Public Policy

This one-day conference will examine historical scholarship on economics from a non-disciplinary standpoint. Although most histories of economics have been written by historians of economics, scholars from other disciplines have on their own initiative engaged with the subject matter of economics in their narratives and analyses. In other words, the history of economics (broadly defined) is not, and has not been for some time, the sole province of historians of economics. Economic historians, sociologists, historians of science, literature scholars, and intellectual historians have dealt with the history of the subject and of economic thought. To us, this raises a number of interesting questions: Is this situation a passing fad, or does it signal long-term changes in the boundaries between academic disciplines in the human and social sciences? Does it signify a focus on economic culture – the place of economic ideas and knowledge in society – in human and social sciences? In what way does this historiography represent a challenge or, to the contrary, an opportunity for the history of economics community?

Historiographic debate often concludes with prescription, offering alien practices as models for history writing, ready for transplantation into the history of economics. Our goals are nonprescriptive. The one-day workshop will offer participants, from different disciplinary backgrounds, the opportunity to talk about how they work with economic subject matter. We invite participants to reflect on how economics or economic ideas fit in their narratives and analyses. We expect the meeting will conclude by showcasing avenues of research to the benefit of those that wish to engage with economics in historical research.

--Tiago Mata and Loïc Charles, organizers

Preliminary program

Session 1: Interactions
Session 2: Reading economics, Viewing economics

Session 3: The Changing Faces of Economics Across Time
General discussion

For abstracts and notes on contributors, see http://econ.duke.edu/events/conferences/hope-fall-conference-2010
The conference will be streamed on http://www.ustream.tv/channel/duke-economics
For further information on the meeting, please contact tiago.mata@gmail.com

The Global Economic Breakdown—A Marxist Analysis

A public lecture by NICK BEAMS | 14 September 2010 1-2.30pm. Parramatta Campus, University of Western Sydney Schools of Law and Economics and Finance
For more information, see the flyer.

The Governance of Nature

A two-day workshop, The Order Project
CPNSS, LSE |  27-28 October 2010

Since the Scientific Revolution, natural philosophy and Christian natural theology have united to place man in a well-ordered universe, and with powerful argument. Appearances notwithstanding – so the argument goes – the empirical and conceptual successes of modern science testify that we live in a world in which every natural event is the outcome of universal and immutable natural law. This image even survived quantum indeterminacy and chaos theory: the universe is still universally law-governed though some of its most basic laws are probabilistic and some events may always be beyond our ability to predict.

In the last two decades this 400-year old image has been powerfully challenged, unsurprisingly perhaps in the social sciences, but importantly in biology and even in physics. Increasingly the traditional view of an ordered science is being put into question. This breakdown of order appears in many distinct, highly detailed studies of scientific practice. Though generally unrelated to one another, these diverse studies have in common a radical split from the standard view. They propose alternatives to universal laws as the central explanatory and predictive mechanisms of nature. This can be seen, for example, in the work of William Bechtel, Sandra Mitchell, John Beatty, John Dupré and Alexander Rosenberg in biology, or in the work of Tony Lawson, Nancy Cartwright and Mary Morgan in economics. Even in physics, previously a bastion for advocates of the standard view, the work of Nancy Cartwright, Peter Galison and younger scholars like Robert Bishop challenges the view of science as totally ordered and universal.

This workshop intends to bring together some of the latest thinking on views of natural order and laws in philosophy of science, history of science and philosophy of biology, and reflect on what forms an idea of governance can take in the context of changing scientific images of nature.

1 Historical views of governance and order
2 Laws of nature and their alternatives
3 Laws and evolutionary science

International Conference on Production and Distribution

To celebrate 50 years anniversary of the publication of Production of Commodities by Means of Commodities

September 4-6, 2010 | Meiji University, Japan

Building: Academy Common (9th Floor)
Address: 1-1 kandasurugadai, Chiyodaku, Tokyo 101-8301 JAPAN
Registration and Conference Rooms: 9th Floor of Academy Common

Co-organized by the Japanese Society for Post Keynesian Economics and The Ricardo Society
Supported by the School of Political Science and Economics, Meiji University Headquarters of International Collaboration, Meiji University in cooperation with PAPAIOS (Pan-Pacific Association of Input-Output Studies)



September 4 (Saturday)
Session A 9:20-11:30 Room 309B
Session B 9:20-11:30 Room 309H
Lunch 11:30-13:00
Session C 13:00-14:25 Room 309B
Coffee Break 14:25-14:40 Room 309D
Session D 14:40-16:05 Room 309B
Coffee Break 16:05-16:20 Room 309D
Session E 16:20-17:50 Room 309B
Welcome Party 18:05-19:50 at University Hall (3rd floor)

September 5 (Sunday)
Session F 9:20-11:30 Room 309B
Session G 9:20-11:30 Room 309G
Lunch : 11:30-13:10
Session H 13:10-14:35 Room 309B
Coffee Break 14:35-14:50 Room 309D
Session I 14:50-16:15 Room 309B
Coffee Break 16:15-16:30 Room 309D
Session J 16:30-18:00 Room 309B

September 6 (Monday)
Session K 9:20-11:30 Room 309B
Session L 9:20-11:30 Room 309G
Lunch 11:30-13:00
Invited Lecture 13:00-13:55 Room 309B
Coffee Break 13:55-14:10 Room 309D

Session M 14:10-15:40 Room 309B
Coffee Break 15:40-16:00 Room 309D
Invited Lecture 16:00-17:00 Room 309B

Farewell Party 17:50-19:50 at Liberty Tower (23th floor)

IIPPE: First International Conference in Political Economy

The Conference Program: Click here.
Conference Papers: Click here .

For more information, visit the Conference website.

Jobs and the Future of the US Economy: Possibilities and Limits

9:00 AM to 5:00 PM, Oct 1, 2010 | HOWARD UNIVERSITY, Armour J. Blackburn University Center. Washington, DC 20059

The US economy is in the midst of the greatest jobs crisis since the Great Depression. But this crisis is more than a short run phenomenon. For many decades we have experienced a long-term failure to generate jobs for all. A fundamental restructuring of the US economy is essential to overcome both the crisis and reverse the long term failure to generate jobs.

A number of proposals have been offered to make jobs a central priority of US economic policy. Our purpose in calling this conference is to bring together the proponents of these various programs, to discuss their similarities and differences, and develop a strategic perspective on how to proceed.

We invite all who wish to contribute and further this effort to participate.

Current sponsors include: Howard University Economics Department, The Chicago Political Economy Group, The National Jobs for All Coalition, The Center for Full Employment and Price Stability, and The Center for Economic and Policy Research

At registration a donation of $20 will be requested to cover expenses and lunch.  Fee is waived for Howard students.

Registration: 9-9:30.
Morning Session:  Jobs Proposal Presentations: 9:30-11:30
Introduction and Moderator: Haydar Kurban, Howard University
Lunch Break: 11:30-12:30.

Afternoon Session I: Summary and Discussion of Similarities and Differences of Jobs Programs: 12:45 - 2:30
Moderator: Charles Betsey, Howard University
The morning panelists and attendees will engage in a facilitated discussion and exchange.

Afternoon Session II: Strategic and Political Considerations 2:45-4:30
Panelists (Institutional affiliation for identification only):
Moderator: Aisha Thompson, Howard University

For further information contact: hkurban@howard.edu

The 14th conference of the Research Network Macroeconomics and Macroeconomic Policies (FMM)

29 – 30 October 2010 | Berlin

'Stabilising an unequal economy? Public debt, financial regulation, and income distribution',
with an introductory workshop on Post Keynesian Economics on 28 October (see below)

Updates of the conference programme will be made available online at: www.network-macroeconomics.org

FMM Introductory Workshop on Post Keynesian Economics

Berlin | 28 October 2010

To meet the rising interest in Keynesian economics, the Research Network Macroeconomics and Macroeconomic Policies (FMM) will be organising a one-day Introductory workshop on Post Keynesian Economics Thursday, 28 October 2010 9.00 – 16.00

The workshop will take place the day before the annual conference of the network on ‘Stabilising an unequal economy? Public debt, financial regulation, and income distribution’, 29 – 30 October 2010, Berlin.

There are no fees but registration is required. Please register online:

9.00 – 9.30 Torsten Niechoj, Macroeconomic Policy Institute (IMK), Duesseldorf: Welcoming and information on the network and its summer school
9.30 – 11.00 Marc Lavoie, University of Ottawa: What is Post Keynesian Economics? An introduction to the method and history of PKE
11.30 - 13.00 Philip Arestis, University of Cambridge: New Keynesian Economics and Post Keynesian Economics
14.30 – 16.00 Engelbert Stockhammer, Kingston University, London: A Post Keynesian model of demand, distribution, inflation and employment

More on the Research Network: www.network-macroeconomics.org

Roundtable on Marx’s 'Capital'

The Society for Social and Political Philosophy is pleased to issue a CALL FOR PARTICIPANTS
for a Roundtable on Marx’s 'Capital'

Texas A&M University, College Station, Texas | February 24-27, 2011

Keynote address by Harry Cleaver, Associate Professor of Economics at the University of Texas at Austin, and author of 'Reading Capital Politically'

The SSPP’s second Roundtable will explore Volume One of Marx’s Capital (1867). We chose this text because the resurgence in references to and  mentions of Marx – provoked especially by the current financial crisis and global recession, but presaged by the best-seller status of Hardt and Negri’s  Empire and Marx’s surprising victory in the BBC’s “greatest philosopher” poll – has only served to highlight the fact that there have arguably not been  any new interpretive or theoretical approaches to this book since the Althusserian and autonomist readings of the 1960s.

The question that faces us is this: Does the return of Marx mean that we have been thrust into the past, such that long “obsolete” approaches have a  newfound currency, or does in mean, on the contrary, that Marx has something new to say to us, and that new approaches to his text are called for? The guiding hypothesis of this Roundtable is that if new readings of Capital are called for, then it is new readers who will produce them.

Therefore, we are calling for applications from scholars interested in approaching Marx’s magnum opus with fresh eyes, willing to open it to the first  page and read it through to the end without knowing what they might find. Applicants need not be experts in Marx or in Marxism. Applicants must,  however, specialize in some area of social or political philosophy. Applicants must also be interested in teaching and learning from their fellows, and in  nurturing wide-ranging and diverse inquiries into the history of political thought.

If selected for participation, applicants will deliver a written, roundtable-style presentation on a specific part or theme of the text. Your approach to  the text might be driven by historical or contemporary concerns, and it might issue from an interest in a theme or a figure (be it Aristotle or Foucault).  Whatever your approach, however, your presentation must centrally investigate some aspect of the text of Capital. Spaces are very limited.

Applicants should send the following materials as email attachments (.doc/.rtf/.pdf) to papers@sspp.us by September 15, 2010:
All applicants will be notified of the outcome of the selection process via email on or before October 15, 2010. Participants will be asked to send a  draft or outline of their presentation to papers@sspp.us by January 15, 2011 so that we can finalize the program.

Fall NYC Study Group(s)

I am considering various topics for study groups for the coming year, based on what people are most interested in. The groups will start in mid-October and run to the end of June 2011. They will meet every other week in Manhattan, most probably on Thursday evenings (the time that seems most convenient for most people), and involve about 100 pages of reading per session. Participants should be committed to doing the reading and attending regularly.

The Capital group of fall 2009-June 2010 and the summer Grundrisse group have been (IMHO) quite successful, with high levels of participation and discussion by all involved. Participants in the 2010-2011 groups will be asked to make presentations on parts of the reading or (with option No. 3) reporting back to the group on independent reading. I have found this to be a very workable way to encourage maximum participation.

The main topics I'm considering are:

I will choose two of the above, based on the response. For those of you not familiar with where I'm coming from, check out my web site http://home.earthlink.net/~lrgoldner and the new on-line journal of which I am a co-editor http://insurgentnotes.com

If any of the proposed topics grab you, and you have the time and energy to participate, contact me asap at

Loren Goldner

Conference Papers, Reports, and Ariticles

Buyer Power in U.S. Hog Markets: A Critical Review of the Literature

GDAE Working Paper No. 10-04, August 2010 (Also submitted as comments to the DOJ/USDA Public Hearings on  “Agriculture and Antitrust Enforcement Issues in Our 21st Century Economy”)
By Timothy A. Wise and Sarah E. Trist

Download Buyer Power in U.S. Hog Markets
Download Executive Summary
Download Comments submitted to DOJ/USDA
Read more from GDAE’s Feeding the Factory Farm Project
Read more on GDAE’s Globalization and Sustainable Development Program

Job Postings for Heterodox Economists

Corporate Strategy and Industrial Development (CSID), South Africa

Advert for Senior Researcher

CSID is based in the School of Economic and Business Sciences at the University of the Witwatersrand in Johannesburg, South Africa. CSID has established itself as a leading research programme in South Africa in its areas of specialisation. It has established links and research partnerships with major role-players in government and the private sector.

CSID aims to provide high level, academic research for industrial and economic policymakers in South Africa and the southern African region. We are currently involved in a number of industrial policy research projects with National and Provincial Government. Our main research themes are:

Teaching and Training
CSID is also involved in curriculum development and teaching of specialist courses in industrial and economic development. From January 2011, CSID will be running an exciting new postgraduate programme in Development Theory and Policy. Further, we are committed to the development of young African researchers. To this end we employ postgraduate economics students as junior researchers to provide them with hands on research experience and mentoring.

Job description
Responsibilities will be divided between i) Research, research management and mentoring and ii)
Teaching. The position is full-time on a fixed term basis with the possibility of renewal. The post will

Teaching of postgraduate courses in microeconomics and/or econometrics; and Supervision of graduate students

A competitive package will be negotiated.

Required Qualifications
The successful applicant will be familiar with both mainstream and heterodox approaches to economics and hold a PhD in Economics or related field or be close to completion. Applicants with more than 3 years academic experience will be at an advantage.

The closing date for applications is 30 September 2010.
The successful applicant is expected to commence employment in January 2011.
Interested applicants should send a CV with contact details for three referees and a cover letter to Sajida.Durwan@wits.ac.za

Download this job advert.

Good Jobs New York, USA

Part-time Research Analyst, position based in New York City

Good Jobs New York seeks a part-time research analyst to perform research and writing on economic development policies and corporate accountability in New York.

Good Jobs New York promotes corporate and government accountability in local economic development projects by serving as a research and policy clearinghouse when New York allocates economic development subsidies. GJNY aims to ensure that government and corporations are held accountable for the creation of
family-wage jobs when public money is used to subsidize private corporations.

Applicants must have:

Other desirable qualifications:

GJNY is a project of Good Jobs First and the Fiscal Policy Institute. This is an opportunity for rewarding work in a fast- paced environment at a highly productive resource center.  Women and people of color are encouraged to apply. Compensation is commensurate with experience. Partial health and retirement benefits

Please send a resume and cover letter via email to: GJNY@goodjobsfirst.org

GJNY Research Analyst
11 Park Place, #701
New York, NY 10007

Marymount Manhattan College, USA

Assistant Professor of International Studies - TenureTrack

The Department of International Studies at Marymount Manhattan College invites applications for a full-time, tenure-track position in International Studies beginning in Fall 2011.

Description: Candidates should demonstrate substantive interests in one or more of the following areas: international political economy, cultural geography, economics of gender, international migration, human
security, economic development, international humanitarian law and human rights. Area focus and field research experience in Africa is strongly preferred. The successful candidate will demonstrate continued scholarly activity, work closely with students, and participate in college-wide activities such as academic advisement and committee service.

*Requirements:* Interested candidates must have a Ph.D. in International Political Economy or a related field and college-level teaching experience. A commitment to an interdisciplinary approach is required.

*Application Materials:* Applications should include a cover letter, curriculum vitae, samples of scholarship, syllabi, and three letters of recommendation. Electronic submission is preferred. Please send to:
mbackus@mmm.edu. If materials cannot be sent electronically, please mail to:

*Search Chair: *
Dr. Ghassan Shabaneh, 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 October 15, 2010.

In conjunction with teaching responsibilities, full-time faculty members are expected to participate in divisional and college meetings, advise students, engage in scholarly activities, and participate in outcome assessment, curriculum development and writing across the curriculum, along with other service to the college. MMC faculty must have a strong commitment to undergraduate teaching within a liberal arts environment. Marymount Manhattan College is an Affirmative Action/Equal Opportunity Employer.

Penn State University, USA

1. Assistant Professor Department of Labor Studies and Employment Relations
The Department welcomes applications from all candidates with strong backgrounds in employment relations, labor economics, and related social sciences. We are particularly interested in candidates with research and teaching interests in collective bargaining, workplace dispute resolution, labor and employment law, international labor, and workplace diversity.
Applicants should possess a Ph.D. in a relevant discipline and possess significant research potential. External funding potential will also be considered.

2. Associate Professor/Professor position Department of Labor Studies and Employment Relations
The Department of Labor Studies and Employment Relations at Penn State University invites applications for a tenured faculty appointment at the Associate Professor or Professor rank to begin August 2011.
The Department welcomes applications from senior scholars with strong backgrounds in employment relations, human resources, organizational behavior, labor economics, and related social sciences.
Applicants should possess a Ph.D. in a relevant discipline, a strong research record commensurate with a senior rank, and external funding experience.
Electronic submission strongly preferred. Send applications for both positions consisting of a letter of application, curriculum vitae, three reference letters, and a writing sample to pfc2@psu.edu. If unable to send electronically, applications can be mailed to Paul Clark, Professor and Head, Department of Labor Studies and Employment Relations, The Pennsylvania State University, 003 Keller Bldg., Box EC, University Park, PA 16802. Applications received by October 1, 2010, will be assured of consideration; however, all applications will be considered until the position is filled. Penn State is committed to affirmative action, equal opportunity and the diversity of its workforce. Conference Papers, Reports, and Articles.

Purchase College, The State University of New York, USA

Purchase College, The State University of New York, is currently conducting a search for two tenure-track positions in economics for the fall of 2011.  One is for a Cultural Economist (at the assistant or associate level) and the other is for a Behavioral Economist (at the assistant level).

You can learn how to apply and get a more detailed description of
these positions at the following URL:
(Click “Search Positions” on the left-hand column)

Purchase College is located in Westchester County, about 35 miles north of New York City — commuting distance from the City.

University of Washington-Tacoma, USA

Assistant Professor, Interdisciplinary Arts & Sciences

The University of Washington Tacoma invites applications for a full time tenure-track Assistant Professor in Interdisciplinary Arts & Sciences (IAS) with teaching and research interests in political economy. The position will primarily support a program of study in Politics, Philosophy and Economics, but will also contribute to other interdisciplinary programs at UWT. The successful candidate will be broadly trained, possess a range of interests, and will demonstrate excellent potential as both a teacher and a scholar. The position begins September 16, 2011, and requires a Ph.D. in Economics or a related field. The ideal candidate will offer courses in Asian political economy, comparative development, and international economics, as well as micro and macroeconomics.

IAS offers a range of interdisciplinary majors, of which Politics, Philosophy and Economics is one. We welcome applicants representing diverse perspectives and approaches. One of three University of Washington campuses, UWT is located in both new and historic facilities in downtown Tacoma and primarily serves students of a wide variety of ages and backgrounds in the South Puget Sound region. For more information about UWT, visit our website at http://www.tacoma.washington.edu.

To apply, please submit a) a letter delineating your interests and qualifications for teaching in an interdisciplinary program, b) a statement describing your research interests, c) a statement of your teaching philosophy, d) a CV, e) an article length writing sample, f) evidence of teaching effectiveness, and g) three letters of reference. Submit all application material through the website http://academicjobsonline.org. Full consideration will be given to applications received by November 1, 2010. For further information, email Katie Baird at kebaird@uw.edu.

The University of Washington is an affirmative action, equal opportunity employer. The University is building a culturally diverse faculty and staff and strongly encourages applications from women, minorities, individuals with disabilities and veterans. All University of Washington Tacoma faculty engage in teaching, research and service in an interdisciplinary context.

If you have a question about the details of this search/position please contact the hiring unit directly. Thank you for your interest in this position at the University of Washington. If you have a question about the details of this search / position please contact the hiring unit directly. Thank you for your interest in this position at the University of Washington.

Villanova University, US

Economics/Political Economy

The Department of Humanities at Villanova University is seeking to hire in the area of Economics / Political Economy, with an effective start date of August 2011.

As an small department committed to an integrated, interdisciplinary approach to human questions, we seek a candidate who is interested in a wider scope of questions than traditional neoclassical economics or political science scholars are often willing to undertake.  We are looking for someone willing and able to engage fundamental questions about the nature of social science and economic theory as it relates to an understanding of the human person.  This can and should be done in close connection with the most rigorous pursuit of excellence in the disciplines of economics scholarship.  The full ad is attached, and all application details can be found at https://jobs.villanova.edu.  More information about the Department of Humanities can be found at http://www.humanities.villanova.edu.

Please feel free to call or email Dr. Kevin L. Hughes with any further questions:  Kevin.hughes@villanova.edu or 610.519.4728.

York University, Canada

Position Rank: Full Time Tenure Stream - Assistant Professor
Discipline/Field: Business & Society
Home Faculty: Liberal Arts & Professional Studies
Home Department/Area/Division: Social Science
Affiliation/Union: YUFA
Position Start Date: July 1, 2011

Business and Society (http://www.yorku.ca/laps/sosc/buso/) is a unique and innovative interdisciplinary programme; its mandate is to explore critically alternative approaches to the study of business and economics not traditionally found in conventional business programmes. Members of faculty enjoy a rich environment with colleagues from parallel interdisciplinary programmes, e.g., Law & Society, International Development Studies, Labour Studies, Social & Political Thought.

Applications are invited for a full-time tenure stream appointment, at the Assistant Professor level, in Business & Society. At the time of appointment the successful candidate will have a Ph.D. in one of the social sciences or in a related field (e.g. ethics, political philosophy). Applicants should have an ongoing programme of interdisciplinary research which focuses critically on the conduct and regulation of business and its social implications. Demonstrated excellence (or the promise thereof) in both teaching and in research and publication is expected in at least one of the following areas: social economy; law, governance and policy; ethics in economics and business; corporate social responsibility. In addition, applicants should have the breadth and versatility to teach the core courses of the Business & Society undergraduate programme. A teaching and research focus which pays heed to social exclusion (e.g., to issues of race and gender) would be an asset.

Applicants should submit a curriculum vitae, a statement of teaching and research interests, one example of their scholarship and teaching evaluations. They should also arrange for three letters of reference to be sent, by November 15, 2010, to:

Professor Darryl Reed, Chair, Department of Social Science, S754 Ross
Building, York University, 4700 Keele Street, Toronto, Ontario, M3J 1P3
Tel.: 416 736 2100 (ext. 77812); Fax: 416 736 5574. Email: dreed@yorku.ca

York University is an Affirmative Action Employer. The Affirmative Action Program can be found on York’s website at www.yorku.ca/acadjobs or a copy can be obtained by calling the Affirmative Action office at 416-736-5713. All qualified candidates are encouraged to apply; however, Canadian citizens and Permanent Residents will be given priority.

Position details can also be found here: http://webapps.yorku.ca/academichiringviewer/viewposition.jsp?positionnumber=1166

Heterodox Journals

Business History Review, 84(2): Summer 2010

A Special Issue on the Oil Industry

Journal website: http://journals.cambridge.org/action/displayJournal?jid=BHR

Introduction: Diana Davids Hinton
Literature Review:

Cambridge Journal of Economics, 34(5): September 2010

Journal website: http://www.oxfordjournals.org/page/3924/1

Special issue: Corporate Accountability and Legal Liability: On the Future of Corporate Capitalism

Historical Materialism, 18(3): 2010

Journal website: http://www.brill.nl/hima

Isaac and Tamara Deutscher Memorial-Prize Lecture
Review Articles
Historical-Critical Dictionary of Marxism

International Journal of Pluralism and Economics Education, 1(3): August 2010

Journal website: http://www.inderscience.com/browse/index.php?journalID=319

Articles on Pluralism

Article on Pedagogy

Section on Money and Banking and the Financial Crisis

Journal of Agrarian Change, 10(3): July 2010

Journal website: http://onlinelibrary.wiley.com/doi/10.1111/joac.2010.10.issue-3/issuetoc
Special Issue: Productive Forces in Capitalist Agriculture: Political Economy and Political Ecology

Mother Pelican, 6(9): September 2010

The PelicanWeb's Journal of Sustainable Development has been renamed Mother Pelican in honor of the Human Being she represents.

Journal website: http://www.pelicanweb.org/solisustv06n09page1.html

The UN MDG Review Summit

1. The UN MDG Review Summit

2. Review of the "Keeping the Promise" Report

3. Opportunities for Collaboration/Participation

4. Key References and Workings Documents

5. Planned MDG Summit Meeting Agenda

Supplements (September Updates):

Supplement 1: Advances in Sustainable Development

Supplement 2: Directory of Sustainable Development Resources

Supplement 3: Sustainable Development Simulation (SDSIM)


Declaration of Independence from Wall Street, by David Korten

Seizing the Moment for Clean Energy, by Ann Florini

Towards a New Economy and a New Politics, by Gus Speth

TripleC (cognition, communication, co-operation), 8(2): 2010

Open Access Journal for a Global Sustainable Information Society
Special Issue on Capitalist Crisis, Communication & Culture
Edited by Christian Fuchs, Matthias Schafranek, David Hakken, Marcus Breen

What is the role of communication in the general situation of capitalist crisis?
The global economic downturn is an indicator of a new worldwide capitalist crisis. The main focus of most public debates as well as of economic and policy analyses is the role of finance capital and the housing market in creating the crisis, less attention is given to the role of communication technologies, the media, and culture in the world economic crisis. The task of this special issue of tripleC is to present analyses of the role of ICTs, the media, and culture in the current crisis of capitalism. The seven papers focus on the causes, development, and effects of the crisis. Each paper relates one or more of these dimensions to ICTs, the media, or culture.

Heterodox Newsletters

CCPA: August 2010

Canadian Centre for Policy Alternatives

The "Unsustainability Myth": Don’t believe claims Medicare is becoming unaffordable - Robert G. Evans
Looking on the Bright Side: There’s still good reason not to become a pessimist - Ed Finn
The Latin American Revolution (Part VI): Public health care planned for all of Latin America - Asad Ismi
Democratic Media Reform in Canada: Campaigns, coalitions aim to democratize media system - Robert A. Hackett, Steve Anderson

Development Viewpoint #54

IDEAs: August 2010

Website: www.networkideas.org or www.ideaswebsite.org

Featured Themes: The Global Financial Crisis
Featured Articles
News Analysis

IWPR: August 2010

Institute for Woman's Policy Research

"Women in Poverty During the Great Recession," an IWPR Briefing Paper analyzing the most recent American Community Survey data from the U.S. Census Bureau, finds that in every state a large number of adult women who live in poverty are not receiving help through benefit programs. Focusing on food stamps, heath coverage, and cash assistance, IWPR finds that the rates of adult women in poverty during the recession who are not receiving assistance vary among different public programs and across the states and regions.

Global Labour Column

Levy News: August 2010

NEF e-Letter: August 2010

View the entire newsletter in your browser.

World moves into Ecological Debt this Saturday
UK blows its budget for fish in August
The Great Banking Question
Recent Publications

Policy Pennings

Heterodox Books and Book Series

G. D. H. Cole: Selected Works

Edited by Noel Thompson. Routledge, October 27, 2010 | 3,640 pp. ISBN: 978-0-415-56651-3. $1,300.00 | webpage

G. D. H. Cole was one of the foremost British socialist thinkers of the twentieth century. His literary output was immense and encompassed works of social theory, economics, political economy, economic history, social and labour history, political theory, history of thought and sociology. The books and pamphlets chosen for this edition are amongst his most significant. They are representative of the different phases of his thinking and illustrative of an acute and inquiring socialist mind as it wrestled with the formidable political and intellect challenges confronted by socialists in this most turbulent of centuries.

This set re-issues 10 works of the well-known socialist thinker G. D. H. Cole and one volume of collected pamphlets, originally published between 1917 and 1956. The works in this collection encompass three critical periods of Cole’s socialist thinking: the guild socialist decade from 1913-23; the post 1929 period when his political economy was dominated by the notion of socialist economic intervention and planning, and the post-war period when, like other socialist theorists, he sought to come to terms with the particular challenges posed by the legacy of the Attlee governments, and the emergence of an affluent society. A substantial introduction by Noel Thompson places the works in their social, political and historical context and illustrates their continued relevance.

The Economics Of Abundance: Affluent Consumption and the Global Economy

By Brendan Sheehan. Edward Elgar. August 2010 | 224 pp, Hardback 978 1 84376 670 4 | £65.00, on-line discount £58.50 | web | View New Directions in Modern Economics series books

The Economics of Abundance: Affluent Consumption and the Global Economy (New Directions in Economics Series). The book addresses the challenge posed by J.K. Galbraith over fifty years ago to make a constructive contribution to a different style of economic analysis - the economics of abundance. It identifies a system of abundance inhabited by the 'people of plenty' and illustrates that the driver of growth in this system is spending by affluent consumers. The book provides essential heterodox economic theory to explain this spending and explore its key drivers and constraints. The greatest threat to this system is under-consumption. The book explains how the system of abundance spontaneously responds by creating the institution of marketing, which amplifies the drivers of spending and relaxes the constraints. However, all this has implications for the way in which markets work. It builds on themes first identified by J.K. Galbraith to introduce a new conceptual framework - that of corporate-guided markets for branded products.

This book will prove a valuable resource for academics in other fields including: economic and social history, sustainability, sociology, social psychology, cognitive psychology, marketing and cultural studies.

Effective Demand, Economic Growth and External Constraints: Rethinking Regional Integration in Latin America

By Margarita Olivera. LAP LAMBERT Academic Publishing (August 3, 2010). 212 pages, ISBN-13: 978-3838382968 | Webpage

How to achieve a sustained economic development process in developing countries is up today an open issue. Traditionally it has been believed that liberalisation and free trade policies would have helped them develop. Yet the economic strategies based on the neoliberal reforms have proved to be wrong, especially for Latin America. The failures have been so strong that Latin America was led to more economic vulnerability and even to de-industrialisation. This book attempts to provide a better development strategy for Latin America, alternative to traditional outward-looking, free trade policies. After reviewing some traditional and heterodox theories, the book suggests that a demand-led growth strategy is a promising way to boost development. By extending this model to open economies this work stresses the external constraints that these economies have to face. Finally, a regional integration set-up is presented as a good complement to the demand-led growth strategy to reduce the external constraint and attain development. The book should be useful to the academic economist as well as policy makers, and to anyone else interested in Latin American development.

Envisioning Real Utopias

By Erik Olin Wright. Verso. September 2010. 412 pages | Cloth. ISBN-13: 978 1 84467 618 7 US$95 / £60 / CAN$118.50 | Paper. ISBN-13: 978 1 84467 617 0. US$26.95 / £16.99 / CAN$33.50 | Webpage

Leading sociologist proposes a new framework for a socialist alternative

Rising inequality of income and power, along with the recent convulsions in the finance sector, have made the search for alternatives to unbridled capitalism more urgent than ever. Yet there has been a global retreat by the Left: on the assumption that liberal capitalism is the only game in town, political theorists tend to dismiss as utopian any attempt to rethink our social and economic relations. As Fredric Jameson first argued, it is now easier for us to imagine the end of the world than an alternative to capitalism.

Erik Olin Wright’s Envisioning Real Utopias is a comprehensive assault on the quietism of contemporary social theory. Building on a lifetime’s work analyzing the class system in the developed world, as well as exploring the problem of the transition to a socialist alternative, Wright has now completed a systematic reconstruction of the core values and feasible goals for Left theorists and political actors.

Envisioning Real Utopias aims to put the social back into socialism, laying the foundations for a set of concrete, emancipatory alternatives to the capitalist system. Characteristically rigorous and engaging, this will become a landmark of social thought for the twenty-first century.

Floodlines: Community & Resistance from Katrina to the Jena 6

By Jordan Flaherty, with an Introduction by  Amy Goodman of Democracy Now! and a preface by civil rights attorney Tracie Washington | July 2010. Haymarket Books, $16, Paperback. ISBN: 9781608460656

With the livelihood and culture of Gulf Coast residents once again at risk from BP’s drilling disaster, Floodlines vividly describes what is at stake for the people of the region. Expertly weaving the interconnected stories of public housing residents, musicians, Mardi Gras Indians, Arab and Latino immigrants, and grassroots activists, Floodlines offers a unique, firsthand account of race, culture, and community in New Orleans.

The Great Credit Crash

Edited by Martijn Konnings. Verso. March 2010. 304 pages | Cloth, ISBN-13: 978 1 84467 433 6, US$100 / £60 / CAN$118.50 | Paper, ISBN-13: 978 1 84467 431 2, US$26.95 / £16.99 / CAN$33.50

Most accounts of the current financial crisis tell a story of deregulation, out-of-control markets and irresponsible speculation. But few of those works have done more than regurgitate the newspaper coverage. In contrast, THE GREAT CREDIT CRASH digs deeper, drawing on some of the most prominent radical analysts of the modern market to foreground key questions that are still waiting to be answered.

This volume presents a more complete and convincing analysis of the recent economic disaster, which is revealed as a product of a social order built during the triumphalist years of neoliberal capitalism. The essays are collected across sections examining the origins and causes of the crisis, its global dimensions, and the political ramifications of the credit crash, with contributors assessing current events and political responses and critically examining official rhetoric and hegemonic narratives to point the way to an understanding of the crisis that goes beyond the subprime headlines.

Contributors to the volume include: Walden Bello, Peter Gowan, Stanley Aronowitz, Leo Panitch, Dick Bryan, Gary A. Dymski, Thomas Ferguson, Sam Gindin, Michael Hudson, Robert Johnson, James Livingston, Scott MacWilliam, Johnna Montgomerie, Anastasia Nesvetailova, Ronen Palan, Michael Rafferty, William I. Robinson, Herman Schwartz, Susanne Soederberg, Jeffrey Sommers, Henry Veltmeyer.

For more information visit:

The Making of a Transnational Capitalist Class: Corporate Power in the 21st Century

By William K. Carroll published. Zed Books. £24.99/$44.95 ISBN 9781848134430 | web

Throughout the world, there has been a growing wave of interest in global corporate power and the rise of a transnational capitalist class, triggered by economic and political transformations that have blurred national borders and disembedded corporate business from national domiciles. Using social network analysis, William Carroll maps the changing field of power generated by elite relations among the world's largest corporations and related political organizations.

Carroll provides an in-depth analysis that spans the three decades of the late 20th and early 21st century, when capitalist globalization attained unprecedented momentum, propelled both by the transnationalization of accumulation and by the political paradigm of transnational neoliberalism. These has been an era in which national governments have deregulated capital, international institutions such as the World Trade Organization and the World Economic Forum have gained prominence, and production and finance have become more fully transnational, increasing the structural power of capital over communities and workers.

Within this context of transformation, the book charts the making of a transnational capitalist class, reaching beyond national forms of capitalist class organization into a global field, but facing spirited opposition from below in an ongoing struggle that is also a struggle over alternative global futures

Marcelo Diamand. Escritos Economicos.

El economista que cambio la historia del pensamiento economico argentino
de H. Garetto Editor. ISBN 978-987-1493-11-1

Prologo por Fabián Amico y Alejandro Fiorito, Investigadores de UNLU. Grupo Lujan-Revista Circus. Read the prologue here.

Handbook on Trade and the Environment

Edited by Kevin P. Gallagher. Edward Elgar. 2008, 368 pp, Hardback 978 1 84720 454 7 .  £120.00 |
2010, 368 pp, Paperback  978 1 84980 083 9.  £29.95 | web

In this comprehensive reference work, Kevin Gallagher has compiled a fresh and broad-ranging collection of expert voices commenting on the interdisciplinary field of trade and the environment. The editor’s well worked introduction synthesizes the emerging themes of the collection, which is divided into three sections: trade and environmental quality, trade and environmental politics, and trade and environmental policy. In addition to in-depth overviews of the field, the Handbook includes case studies on East Asia, Africa, Latin America, Europe, and the United States.

Heterodox Book Reviews

Debt, Innovations, and Deflation: The Theories of Veblen, Fisher, Schumpeter, and Minsky

By J. Patrick Raines and Charles G. Leathers, Northampton, MA: Edward Elgar, 2008.

Reviewed  for Heterodox Economics Newsletter by Zachary Nixon, Denison University. Download the review.

Empire and Globalization: Networks of People, Goods and Capital in the British World, c. 1850–1914

By Gary B. Magee and Andrew S. Thompson. Cambridge: Cambridge University Press, 2010. xx + 291 pp. $32 (paperback), ISBN: 978-0-521-72758-7.

Reviewed for EH.NET by Ranald Michie, Department of History, University of Durham. Read the review here.

The Road from Mont Pèlerin: The Making of the Neoliberal Thought Collective

Edited by Philip Mirowski and Dieter Plehwe. Cambridge, MA: Harvard University Press, 2009. vi + 469
pp. $55 (hardcover), ISBN: 978-0-674-03318-4.

Reviewed for EH.NET by Bruce Caldwell, Department of Economics, Duke University. Read the review here.

Francis Ysidro Edgeworth: A Portrait with Family and Friends

By Lluis Barbé. Northampton, MA: Edward Elgar 2010.  xxxvi + 291 pp. $150 (hardback), ISBN: 978-1-84844-716 5.

Reviewed for EH.NET by Warren J. Samuels, Department of Economics, Michigan State University. Read the review here.

Laurence S. Moss (1944-2009): Academic Iconoclast, Economist and Magician

By Widdy S. Ho,  2010. Malden, MA: Wiley-Blackwell, 2010.  ix + 673 pp. $40 (hardcover), ISBN:

Reviewed for EH.NET by Richard P.F. Holt, Department of Economics, Southern Oregon University. Read the review here.

Marx and Philosophy Review of Books

And a new list of books for review can be found here: www.marxandphilosophy.org.uk/reviewofbooks/

Heterodox Graduate Programs and Scholarships

Spencer Foundation Dissertation Fellowships for Researches related to Education

Applicants need not be citizens of the United States; however, they must be candidates for the doctoral degree at a graduate school within the United States. These fellowships are not intended to finance data collection or the completion of doctoral coursework, but rather to support the final analysis of the research topic and the writing of the dissertation. For this reason, all applicants must document that they will have completed all pre-dissertation requirements by June 1, 2011 and must provide a clear and specific plan for completing the dissertation within a one or two-year time frame.

Approximately 20 dissertation fellowshihps of $25,000 will be announced in Apirl 2011. Awards to support completion of the dissertation begin in June 2011.


An online application, letters of recommendation, and transcript must be submitted by Wednesday, October 27, 2010.

To Apply
2011 Dissertation Fellowship Application Instructions
Please read prior to filling out the online application.
Frequently Asked Questions (FAQs)
Please read prior to filling out online application.
Dissertation Fellowship Application 2011

The Foundation's Fellowship office can be reached at 312-274-6517 or via email at fellows@spencer.org.
Spencer Foundation: http://www. spencer.org

Heterodox Web Sites and Associates

Business History Conference Weblog

The Business History Conference is a tax-exempt, not-for-profit organization devoted to encouraging all aspects of research, writing, and teaching of business history and the environment in which business operates.


Common Sense Journal Now Online

Common Sense: Journal of the Edinburgh Conference of Socialist Economists
Web address: http://commonsensejournal.org.uk

Institute for New Economic Thinking

Founded in October 2009 with a $50 million pledge by George Soros, the New York City-based Institute for New Economic Thinking is a nonprofit organization providing fresh insight and thinking to promote changes in economic theory and practice through conferences, grants and education initiatives.

The Institute recognizes problems and inadequacies within our current economic system and the modes of thought used to comprehend recent and past catastrophic developments in the world economy. The Institute embraces the professional responsibility to think beyond these inadequate methods and models and will support the emergence of new paradigms in the understanding of economic processes.

The Institute firmly believes in empowering the next generation, providing the proper guidance as we challenge outdated approaches with innovative and ethical economic strategy.

The Institute’s objective is to expand the conversation to create an open discussion for a wider range of people. Some would say that present day dialogue is closed and polarizing. We recognize the need for an environment that is nourished and supported by discourse, a discussion that spans a much wider spectrum of thinking and incorporates the insights of other intellectual disciplines in both the natural and social sciences.

The Institute was conceived during the first half of 2009 through a series of discussions that culminated at a summit in July of 2009 in Bedford, NY.

Grant Program

The Institute is committed to supporting the next generation of economists who are rethinking economics for the 21st century. One of the main ways we’re doing this is by supporting innovative thinkers with substantial grants, ranging from $30,000 for an individual to $250,000 for whole teams. The Research Grant Program will receive the majority of funding to drive the Institute’s mission, and we will have two cycles of funding each year.

The Institute is currently in the midst of its Inaugural Grants Program cycle. Over the summer, we began accepting applications, and were pleased to have received more than 500 from all over the world. Submissions came from every region, including Africa, Asia, Eastern Europe, and Oceania - with the bulk coming from North America and Europe.

True to INET’s mission, the topics of the proposals ranged across the gamut of our preoccupying themes, including political economy, inequality, theories of finance, empirical macroeconomics, human capital and growth, economic history, and theories of networks and systems.

We are currently entering Stage 2 of this Grant cycle, in which about 15% of the applicants are being be asked to provide more information about their proposals so we can make our final decisions by October 15th. The evaluations are being conducted by a jury of INET Advisory Board members and outside referees, assisted by a specially recruited team of post-doctoral students and assistant professors.

For more information, visit the Institute website.

Marxsite is Back

After months of technical problems and staffing difficulties, Marxsite returns. Expect a cascade of postings as we struggle to catch up with the momentous events which the current phase of the capitalist crisis has unleashed.

Please let other people know. During our absence the site continued getting more than 1000 hits a day, despite not updating. This can only be because of the range of accumulated materials and links that the site now deploys.

The Socialist Project website

The Search page on the Socialist Project website is now live and upto date. You can search by Author's Name, or selected topics. You can also make full text searches using Google - conveniently located in one place at:


Other features on our website:

Heterodox Economics in the Media

The Dismal State of Economic Theory and the Opportunity for a New Beginning

By L. Randall Wray (University of Missouri-Kansas City). Benzinga.com. September 2, 2010. Read the article here.

Note: Professors Randall Wray and William Black will do a weekly column here.

‘New paradigm’ is just an update

Financial Times. August 23 2010 01:16 | Dr Hugh Goodacre | Read the letter here.

"Prof Stiglitz’s “new paradigm” is in fact just an updated version of the market fundamentalism it claims to replace: have faith in markets – if they break down, you can fix them."

Queries from Heterodox Economists

Financial Reform Proposals

I am trying to gather proposals on how to deal with the structural problems in our financial system from a "heterodox" point of view. I know that the right-wing in particular wants to blame everything on "government" (Fannie and Freddie, the Community reinvestment act, etc.) and that's total nonsense. But among those who want reforms there are a wide variety of proposals. Obviously I know some of them but would love to be educated about what everyone out there has seen.

Any links to or references to structural reform proposals for specifically the US financial system would be most appreciated.


Mike Meeropol

Henryk Grossman Project: Assistance sought

Henryk Grossman was a major figure in the development of Marxist social and economic theory, and economic history during the 20th century. There has recently been a resurgence of interest in his contributions. But a large proportion of his work remains untranslated into English or is hard to find. It is time that his writings were brought together in an accessible form and that all his important work was made available in English.

A project is underway to publish selected works by Henryk Grossman in the Historical Materialism Book Series. Unfortunately we have no financial backing for this substantial undertaking. So we are seeking two kinds of assistance:

In solidarity

Rick Kuhn
School Politics and International Relations
Building 22
ANU ACT 0200
tel +61 (2) 612-53851
fax +61 (2) 612-52222

Research on Corporate Markups

I'm doing some research on the gross markup of retail prices to the consumer versus wholesale. Agricultural prices seem particularly easy since there's a futures market for them. So, for example, I'm seeing a 900% markup for a loaf of bread versus the futures price of wheat. I think it's a useful analysis as it captures the sum of profits, marketing, middlemen, etc. in the supply chain. I think it would be particularly interesting to see what the markup is on items imported from low wage countries. An example might be what Walmart pays the Chinese factory for commodity x versus what it's selling for at the store.

I'm wondering if anyone has done research into this or can direct me to it.

Jim O'Reilly

For Your Information

Help secure the future of the Real-World Economics Review

Dear subscriber,

Help secure the future of the Real-World Economics Review.

The Real-World Economics Review now has over 11,500 subscribers. Each year it publishes papers totalling more than 250,000 words.  Nearly one million copies of the Review’s papers are now downloaded per year. The Review also maintains the recently launched Real-World Economics Review Blog and the non-journal pages of www.paecon.net.  To date, all these services have been provided completely free of charge to the economics profession and its students and also, with a couple of tiny exceptions, without any advertising revenue. Unfortunately, the private pocket that has funded these projects for ten years is not as full as it was and is finding it increasingly difficult to continue to provide these services at their present level.  If you believe in the value of the Real-World Economics Review in challenging neoclassical economics, providing a large professional readership for alternative points of view and building a new mainstream, please consider making a donation today - it will take only a couple of minutes of your time.  Click below on the donate button of your preferred currency.  You may use credit or debit cards or Paypal.  Just $10 will help.  Thank you.

September 2, 2010

Edward Fullbrook

PS. If you would like to donate, please do it now. Otherwise, if you are anything like me, you are quite likely to forget!

Donate here.

Christopher Freeman (11th September 1921 - 16th August 2010)

As you may by now know, Christopher Freeman passed away on 16th August 2010. We are writing to those who knew him, or who have been touched by his work, to share a memory with you, and to let you know, if you wish, how you can contribute to the celebration of his life.

The Science Policy Research Unit, which he founded, has a website at http://www.sussex.ac.uk/spru/about/chris where you can share experiences of working with him. We have set up a personal website at http://www.freemanchris.org/ which we expect to be ready by Monday and to which you are welcome to contribute, including photographs and personal memories. It will carry as complete as possible a record of his contribution to economics and science.

SPRU is organising a memorial later in this year; please contact them for details. The funeral ceremony, for family and friends, will be at in Lewes on Thursday 26th August at Pelham House Hotel at 1pm. There will be a reception afterwards. For all information please contact the funeral directors www.arkafunerals.net.

We are considering how to preserve the legacy of Chris’s contribution to knowledge. One suggestion is a charitable trust dedicated to this end. If you think this is a good idea and feel you can help, please contact Alan Freeman at afreeman@iwgvt.org.

This has been a sad time for everybody. We have composed a personal record of his life and work, which were intimately connected, and which follows, and is attached.

Christopher Freeman 11th September 1921 – 16th August 2010

A light has gone from the world. Christopher Freeman passed away early on Monday 16th August at home, surrounded by those he loved, looking out over our small garden to the open blue skies beyond. On 11 September he would have been 89. To many he is known as the creator of the Science Policy Research Unit (SPRU) and a founder of the theory of innovation, the economics of science, and the systematic study of long-term movements in economic growth, for which the world is in his debt.

As his children, we knew more. Son of Arnold, Sidney Webb’s secretary and an early pioneer of the Workers’ Educational Association, Chris left school as an idealistic communist. Plunged into war, he was spared none of the horrors on the Western Front or in the Camps he entered with the advancing allied forces. Witness to the worst and best of what humans could do to each other, and propelled by great love of humanity, nature, and art, he sought to build a new world with his wife Peggotty, a socialist and talented linguist of American and German Jewish parentage. Blacklisted in academia, he embarked on the life of a working class organiser, first with the WEA in Clydeside, then the Daily Worker, followed by the Society for Cultural Relations with Russia.

His close contact with inner circles of the German communists had already led him, sadly and with great pain, to conclude well before he left the party in 1956 that it was not the vehicle for a future he never ceased to work for. A spell with the Post Office and then the London Export group, specializing in trade with China and Russia, opened a door at the National Institute for Economic Research. He soon dedicated himself to marrying economics to science, which he saw not just as the vehicle of enlightenment but as the means end poverty and suffering worldwide.

At the invitation of Sussex Vice-Chanceller Asa Briggs he established SPRU in 1966. A twin of the Institute for Development Studies, it was born in an atmosphere of renewal driven by an alliance between the Mitteleuropaische intelligentsia that poured into the country before and during the war, and the spirit of scientific endeavour that had shaped Britain from the Industrial Revolution to the apocalyptic discoveries of wartime. These pioneer institutions were wrought almost from nothing, the joint work of a band of fellow-idealists from all countries and walks of life who wandered in and out of our house in bewildering numbers, many remaining our friends today. His engagement with this ‘invisible college’ of scientists and political theorists framed what was becoming postcolonial Britain; its outlook is conveyed in a lecture on J.D. Bernal singled out for us by several of the hundreds of students and researchers whose rise to eminence took them through SPRU’s portals. (vega.org.uk/video/programme/86)

His remarkable partnership with Carlota Perez launched another chapter of this story. The doubts and fears that shaped his young years still haunted his children. The shadow of the Bomb still hung over us all, while cruel invasions, barbaric oppressions and grinding poverty still stalked the world. An emerging environmental crisis was already becoming evident. For Chris, science was the means to human liberation, but required governance, direction, and institutional support to put it at the service of the poor and forestall its abuse by the rich. He poured out papers and ideas, assembled on freemanchris.org, a collaboration between Carlota and his grandson Leo, and on SPRU’s website at sussex.ac.uk/spru/about/chris. His world view brought him almost visionary foresight, bringing to attention issues only now entering popular discourse. His devastating critique of the OECD’s 1976 McCracken report was one of the first clear economic judgements that postwar growth had come to an end, and would not return without conscious state and institutional intervention. Even as the Soviet and Eastern Blocs fell apart, he was by the end of the 1980s predicting the Chinese Economic miracle. He began writing about green technological revolution in the early 1990s; a remarkable interview, whimsically published in 2000 as If I Ruled The World, outlines a manifesto for a hypothetical ‘first woman president of the USA’ to be elected in 2004, which could easily serve as required reading for Obama’s advisors today.

Professor without a doctorate, his tolerance, aversion to elitism, and his engagement with the personal lives of his friends and colleagues is legendary. Yet It was not a casual or accidental personality trait but the outcome of reflection on the human costs, witnessed first hand in his youth, of acting otherwise. Appreciation and acceptance of diversity were woven into his approach to life as much as theory. As a crabbed neoliberal dogmatism began to close in on his profession, he joined his name to the first modern call for a return to pluralism in economics, published in the American Economic Review in 1992. The breadth and depth of his gifts to economic theory is an enduring testimony to an inspiration which helped so many others, whether of his mind or a contrary one, to give of their best.

Chris’s love for the world was witnessed by all he came in contact with, especially his five children, his five grandchildren, his first wife Peggotty, his second wife Maggie, and his widow Carlota. A nature-lover long before it became fashionable, he was a passionate and active member of the Royal Society for the Protection of Birds. At the time, we may have complained about a succession of far-from-conventional birdwatching holidays in marshes, windswept seashores and probably, were it not for Peggotty’s intervention, sewage farms, but our time spent learning bird calls and listing strange species has brought its reward: in every distant cry from every creature flying overhead to distant places, we hear the voice of our wonderful father, free at last.

Lieutenant-Captain, father, comrade, Professor; may the world return the love you gave it.

Alan Freeman
Tom Freeman
Kathy Freeman
Susan Freeman

Lewes, Friday, 20 August 2010