From the Editor
In December 2006 at the annual conference of the
Society for Heterodox Economists, it was decided to
establish a formal association with John King as
president and Peter Kriesler as Secretary:
The threat imposed on heterodox economics by the
Research Quality Framework (details of which are
available on the SHE website) was discussed at great
length. In order to actively engage in the debate,
it was felt necessary to establish a structure
around the Society of Heterodox Economists which
would provide a formal body to lobby on behalf of
heterodox economists. A motion was put to the
meeting and unanimously passed establishing a
committee for SHE with a President, secretary and
general committee. John King was elected President,
Peter Kriesler secretary, and the committee will
consist of a representative from each Australian
university which has a heterodox presence.
It was agreed that annual prizes be awarded to the
best honours and PhD thesis submitted in heterodox
economics each year. Prizes were also to be
considered for the best paper at the annual SHE
Conference, and for the best paper by a graduate
student. Details of these prizes will be circulated
during 2007.
The future activities of SHE include the following:
Working Paper Series
As of the beginning of 2007, SHE will launch an
online Working Paper series. The intention is to tie
the papers into the SHE Forum, which has fallen into
disuse, with papers forming the basis of forum
discussions. All papers in heterodox economics,
broadly defined, will be considered. Please send
papers for consideration to:
p.kriesler@unsw.edu.au
Winter School
In conjunction with CofFEE, SHE will inaugurate a
Winter School commencing July 2007 for research
students. Currently, we plan to run the school for a
couple of days, and follow it with a PhD Student’s
Conference for Heterodox students. More details will
be available soon from the SHE and CofFEE websites.
SHE Website:
http://she.web.unsw.edu.au
CofFEE website:
http://e1.newcastle.edu.au/coffee/index.cfm
2007 Sixth Australian Society of Heterodox
Economists Conference
The 2007 SHE Conference will be held on Monday 10
December and Tuesday 11 December at the University
of New South Wales.
Congratulations to Peter, John, and the rest of the
mob of Australian heterodox economists for formally
establishing SHE.
Fred Lee
In
this issue:
-
Call
for Papers
-
ICAPE Conference, 1-3 June 2007
- 2nd EAEPE Symposium
- Association for
Heterodox Economics 9th Annual Conference 2007
- “Corporate
Accountability Limited Liability, and the Future of Globalisation”
- Twelfth European
Conference on the History of Economics (ECHE 2007)
- Conferences, Seminars
and Lectures
- IA- Hommage A Charles Bettelheim
- Seminaire ARC 2
- The CASE 2007 Winds of
Change Conference
- Job
Postings
for Heterodox Economists
- University of Nevada, Reno NV
-
Heterodox Conference Papers and Reports and Articles
- What We Learn When We Learn Economics
-
Heterodox Journals and Newsletters
- Levy News
- New Political Economy
- European Journal of the
History of Economic Thought
- Review of Social
Economy
- Journal of Economic
Methodology
- International Review of
Applied Economics
-
Heterodox
Books, Book Series, and Book Reviews
- Introduction to Post-Keynesian Economics
- Competition: The Birth
of a New Science
- Deep History: A Study
in Social Evolution and Human Potential
-
For Your Information
- Announcement of a Major Prize Competition
- Thomas Palley-
Economics for Democratic and Open Societies
Call for Papers
ICAPE Conference, 1-3 June 2007
Between now and January 15, I hope you will feel inspired (or coerced,
whichever you find more compelling) to propose a paper for the ICAPE
conference on Economic Pluralism for the 21st Century, to be held June
1-3 at the University of Utah in Salt Lake City.
Like ICAPE's inaugural conference in 2003, this is a "big tent"
conference open to all economic thinkers, topics, and fields of
specialization.
We have received proposals so far from scholars in 12 countries
(Belgium, China, Colombia, Denmark, Germany, India, Iran, Ireland,
Italy, Mexico, the U.K., and the U.S.) who represent a several distinct
traditions of thought. This is a healthy start.
But in order to fulfill ICAPE's mission of promoting intellectual
diversity and inter-paradigmatic exchange in economic scholarship and
education, we need to elicit proposals from a critical mass of Austrian,
Feminist, Institutional-Evolutionary, Marxian, Postcolonial, Post
Keynesian, Postmodern, Radical, Social, Sraffian, and OUT (Otherwise
Unorthodox and Talented) economists.
In short, we need more proposals from economic thinkers like YOU!
If you would like to join us for three days of unusually good conference
conversation, food, and drink in Salt Lake City next June, please send a
250-word abstract to Rob Garnett,
r.garnett@tcu.edu no later than January 15.
Or, to learn more about the conference or ICAPE itself (the
International Confederation of Associations for Pluralism in Economics),
please visit our web site: www.icape.org
We really hope to hear from you!
For the ICAPE conference organizers (Al Campbell, Wilfred Dolfsma,
Edward Fullbrook, Rob Garnett, Neva Goodwin, John Henry, Mary King, Fred
Lee, Ed McNertney, Judith Mehta, Erik Olsen, and Martha Starr),
Rob Garnett
Department of Economics
Box 298510
Texas Christian University
Fort Worth, TX 76129
USA
2nd EAEPE Symposium
The second deadline approaching concerns the submission of entries to
the 2nd EAEPE Symposium to be held in Delft, Netherlands, on the theme "Privatisation
and Regulation of Core Transactions in Critical Infrastructures".
2nd EAEPE Symposium in Delft, Netherlands, March 2007 (deadline for
submission of abstracts: 15.01.2006)
For more information follow the link:
http://eaepe.org/eaepe.php?q=node/view/236
Association for Heterodox
Economics 9th Annual Conference 2007
Pluralism in Action
13 – 15 July, 2007
University of the West of England, Bristol
The Ninth Annual Conference of the Association of Heterodox Economics (AHE)
will be held at the University of the West of England from 13th to 15th
July 2007.
For detailed information: AHE2007.doc
“Corporate Accountability Limited
Liability, and the Future of Globalisation”
20 -21 July 2007
at the School of Oriental and African Studies, London, UK,The Centre for
International Studies and Diplomacy (CISD)
http://www.cisd.soas.ac.uk/index.asp-Q-Page-E-corporate-accountability-limited-liability-and-the-future-of-globalisation--2692813
For detailed information click
here.
Twelfth European Conference on the
History of Economics (ECHE 2007)
University of Siena,
Certosa di Pontignano (Siena), Italy,
4-6 October 2007
Axiomatics in Economics: The Rise and Fall
For detailed information: ECHE2007.doc
Top
Conferences, Seminars and
Lectures
Hommage A Charles Bettelheim
La trajectoire d'un économiste engagé
Disparu en juillet dernier, Charles Bettelheim a traversé le
XX° siècle en chercheur et en homme d'action.
Marxiste hétérodoxe, il fut à la fois promoteur de la planification
du développement et critique de sa mise en oeuvre dans de nombreux pays,
théoricien des économies capitalistes et analyste des économies
socialistes.
Une séance d'hommage se tiendra à
l'EHESS, samedi 20 janvier 2007,
Amphithéâtre, 105 Bd Raspail, 75006 Paris
de 10h à 13h
Pour évoquer sa vie et son ¦uvre, Ignacy Sachs, Maurice Godelier,
Bernard Chavance, Jacques Sapir et Wladimir Andreff apporteront leurs
témoignages.
La séance sera ouverte par Yves Chevrier,membre du bureau de l'EHESS
A l'issue de la réunion, on se réunira autour d'un verre (105 Bd Raspail).
(Pour toute information complémentaire, contacter Dominique Lebleux,
lebleux@ehess.fr)
Seminaire ARC 2
ACCUMULATION, REGULATION, CROISSANCE ET CRISE
CEPREMAP - GERME (Paris VII) - IRISES (Paris IX)
CEPN (PARIS XIII) - MATISSE (PARIS I)
LUNDI 15 JANVIER 2007
DEMI JOURNEE (15h-19h)
MSE
Salle 117
106 - 112 boulevard de l'Hôpital, 75013 Paris
http://mse.univ-paris1.fr
Economie Politique et Concertation Sociale
15h-15h15 : Introduction
D. Gatti (Paris XIII) et H. Zajdela (Paris XIII)
15h15- 17h : La political economy de la concertation sociale
Présentation : Lucio Baccaro (MIT & ILO)
Contre point : B. Amable (Paris I) et R. Boyer (CNRS)
17h-17h15 : Pause
17h15 – 19h : Flexibilité et sécurisation des trajectoires
professionnelles
Présentation : Jacques Freyssinet (CEE)
Contre point : F. Gaudu (Paris I) et T. Kirat (CNRS)
Des textes seront disponibles début janvier.
Les informations relatives au calendrier du séminaire ARC2 sont
disponible au lien suivant :
http://www.paris-jourdan.ens.fr/semin/index4.php?option=agenda&code=ACCRCCR
Prochaines séances :
19 mars 2007 - SALLE 10, ENS - Jourdan
« Variété du capitalisme à l'est »
Organisateurs : Cédric Durand, Donatella Gatti, Jacques Mazier
4 juin 2007 - SALLE 117, MSE
« La Turquie et l’intégration européenne »
Organisateurs : El Mouhoub Mouhoud, Bruno Théret
The CASE 2007 Winds of Change
Conference
Kyiv, Ukraine
23 – 24 March 2007
With high growth rates in Asia, most notably China, India, and
South-East and Central Asia, Eurasia’s economic centre of gravity is
rapidly shifting to the East. At the same time, most of Europe faces
serious barriers to growth in the long term.
For detailed information:
2007 CASE
Conference_News.pdf
Top
Job Postings for
Heterodox Economists
University of Nevada, Reno NV
AF Any Field
The Department of Economics invites applications for a visiting
professor position at the rank of assistant, associate or full
professor. This is a temporary nine-month position beginning August 20,
2007 through May 22, 2008. Candidates with completed Ph.D.s are
preferred, but applications from candidates who are ABD will be
considered. The successful applicant will teach three sections per
semester, including two sections of principles and one field course in
his or her area of expertise, and also have an active research agenda.
Apply online at http://www.unrsearch.com/applicants/Central?quickFind=51993,
and attach a letter of application, curriculum vita, evidence of
teaching excellence, a recent sample of research and contact information
for three professional references. Applications received by March 31,
2007 will receive full consideration. AA/EEO Women and under-represented
groups are encouraged to apply.
Top
Heterodox Conference Papers and Reports and Articles
What We Learn When We Learn
Economics
By Christopher Hayes
Is a little economics a dangerous thing?
There's a case to be made that the single most intellectually and
politically influential neighborhood in the United States is Chicago's
Hyde Park. Integrated, affluent and quiet, the 1.6 square-mile enclave
on the city's south side is like a tiny company town, where the company
happens to be the august, gothic, eminently serious University of
Chicago. Students at the U. of C. sell T-shirts that read "Where Fun
Goes To Die," and the same could be said of the neighborhood, which
until very recently had a bookstore-to-bar ratio of 5:2.(cont.)
Top
Heterodox Journals and
Newsletters
Levy News
Digital Newsletter of The Levy Economics Institute of Bard College
December 2006
1. Strategic Anaylsis
2. Public Policy Briefs
3. Institute Book Series
4. Report
5. Working Papers
1. STRATEGIC ANALYSIS
"Can Global Imbalances Continue? Policies for the U.S. Economy"
November 2006
by DIMITRI B. PAPADIMITRIOU, GENNARO ZEZZA, AND GREG HANNSGEN
http://www.levy.org/pubs/sa_nov_06.pdf
2. PUBLIC POLICY BRIEFS
"Rethinking Trade and Trade Policy: Gomory, Baumol, and Samuelson on
Comparative Advantage"
No. 86, 2006
by THOMAS I. PALLEY
http://www.levy.org/pubs/ppb_86.pdf
"Maastricht 2042 and the Fate of Europe: Toward Convergence and Full
Employment"
No. 87, 2006
by JAMES K. GALBRAITH
http://www.levy.org/pubs/ppb_87.pdf
"U.S. Household Deficit Spending: A Rendezvous with Reality"
No. 88, 2006
by ROBERT W. PARENTEAU
http://www.levy.org/pubs/ppb_88.pdf
3. THE LEVY ECONOMICS INSTITUTE BOOK SERIES
"International Perspectives on Household Wealth"
December 2006
EDWARD N. WOLFF, Editor
http://www.levy.org
4. OCTOBER 2006 REPORT
Vol. 16, No. 4
http://www.levy.org/pubs/rpt_16_4.pdf
5. WORKING PAPERS
"On the Minskyan Business Cycle"
No. 474
by KORKUT A. ERTURK
http://www.levy.org/pubs/wp_474.pdf
"Capital Stock and Unemployment: Searching for the Missing Link"
No. 475
by ALFONSO PALACIO-VERA, ANA ROSA MARTINEZ-CAÑETE, ELENA MÁRQUEZ DE LA
CRUZ, AND INÉZ PÉREZ-SOBA AGUILAR
http://www.levy.org/pubs/wp_475.pdf
"The ‘New Consensus’ View of Monetary Policy: A New Wicksellian
Connection"
No. 476
by GIUSEPPE FONTANA
http://www.levy.org/pubs/wp_476.pdf
"When Knowledge Is an Asset: Explaining the Organizational Structure of
Large Law Firms"
No. 477
by JAMES B. REBITZER AND LOWELL J. TAYLOR
http://www.levy.org/pubs/wp_477.pdf
"On Lower-Bound Traps: A Framework for the Analysis of Monetary Policy
in the ‘Age’ of Central Banks"
No. 478
by ALFONSO PALACIO-VERA
http://www.levy.org/pubs/wp_478.pdf
"European Welfare State Regimes and Their Generosity Toward the Elderly"
No. 479
by AXEL BÖSCH-SUPAN
http://www.levy.org/pubs/wp_479.pdf
"Methodology and Microeconomics in the Early Work of Hyman P. Minsky"
No. 480
by JAN TOPOROWSKI
http://www.levy.org/pubs/wp_480.pdf
"An Inquiry into the Nature of Money: An Alternative to the Functional
Approach"
No. 481
by ÉRIC TYMOIGNE
http://www.levy.org/pubs/wp_481.pdf
"Net Intergenerational Transfers from an Increase in Social Security
Benefits"
No. 482
by LI GAN, GUAN GONG, and MICHAEL HURD
http://www.levy.org/pubs/wp_482.pdf
"Fisher’s Theory of Interest Rates and the Notion of 'Real': A Critique"
No. 483
by ÉRIC TYMOIGNE
http://www.levy.org/pubs/wp_483.pdf
New Political
Economy
Volume 11 Number 4/December 2006 of New Political Economy is now
available at
http://journalsonline.tandf.co.uk.
This issue contains:
- The Company of Strangers: Defending the Power of Business in Britain,
1975–2005
Michael Moran
- Capital at Its Fringes
Rob Aitken
- The International Implications of China's Fledgling Regulatory State:
From Product Maker to Rule Maker
David Bach, Abraham L. Newman, Steven Weber
- The Tunisian Mise à Niveau Programme and the Political Economy of
Reform
Emma C. Murphy
- Sovereign Debt and Private Creditors: New Legal Sanction or the
Enduring Power of States?
Helen Thompson, David Runciman
- Escaping the Resource Curse
Andrew Rosser
- The World Bank
Penny Griffin
- Globalization, Poverty and Inequality
John Ravenhill
- Notes on Contributors
European Journal
of the History of Economic Thought
Volume Volume 13.4 (December, 2006) of European Journal of the History
of Economic Thought is now available at
http://journalsonline.tandf.co.uk.
This issue contains:
- Whither the history of economic thought? Going nowhere rather slowly?*
Heinz D. Kurz
- Adam Smith's use of multiple references for his pin making example*
Jean-Louis Peaucelle
- Britain's single currency debate of the late 1860s*
John Maloney
- Slonimsky's view on Antoine-Augustin Cournot*
Andrés Vázquez
- From economic stability to social order: The debate about business
cycle theory in the 1920s and its relevance for the development of
theories of social order by Lowe, Hayek and Eucken*
Gerold Blümle, Nils Goldschmidt
- Frank Knight and pragmatism*
D. Wade Hands
- In memory of Paolo Sylos Labini (1920 – 2005)*
Marcella Corsi
- Shigeto Tsuru (1912 – 2006): Life, work and legacy*
Kotaro Suzumura
- Book reviews
Review of Social
Economy
Volume 64 Number 4/December 2006 of Review of Social Economy is now
available at
http://journalsonline.tandf.co.uk.
This issue contains:
- Social class and social identity
David George
- On the efficiency of fair trade
Mark Hayes
- Explaining the aggregate price level with Keynes's principle of
effective demand
Jochen Hartwig
- Open and closed systems and the Cambridge School
Vinca Bigo
- Economic grounds for affirmative action: The evidence on architects
and engineers in South Florida
Manuel J. Carvajal
- Ethnic heterogeneity and the enforcement of environmental regulation
Julio Videras, Christopher J. Bordoni
- Contributors
- Review of social economy referees for 2005
- Call for Papers: Social Values and Economic Life
Journal of
Economic Methodology
Volume 13 Number 4/December 2006 of Journal of Economic Methodology is
now available at
http://journalsonline.tandf.co.uk.
This issue contains:
- Tractability assumptions and the Musgrave–Mäki typology
Frank A. Hindriks
- Contrastive explanation and unrealistic models: The case of the new
economic geography
Caterina Marchionni
- Economic history and economic theory
Filippo Cesarano
- Coleman's Hypothesis on trusting behaviour and a remark on
meta‐studies
Friedel Bolle, Jessica Kaehler
- Evidence of a Harvard and Chicago Matthew Effect
Marshall H. Medoff
- Book reviews
- Notes on contributors
International
Review of Applied Economics
Volume 21 Number 1/January 2007 of International Review of Applied
Economics is now available at
http://journalsonline.tandf.co.uk.
This issue contains:
- Electricity Prices as Signals for the Evaluation of Reforms: An
Empirical Analysis of Four European Countries
Massimo Florio
- Turkish Currency Crisis of 2000–2001, Revisited
Nazim Kadridot; Ek&idot;nc&idot;, Korkut Alp Ertürk
- On the Transmission Mechanism of Monetary Constraints to the Real Side
of the Economy
Alex Luiz Ferreira
- Convergence in Productivity Across Industries: Some Results for New
Zealand and Australia
Troy D. Matheson, Les Oxley
- Technical Diffusion, Productivity Convergence and Specialisation in
OECD Manufacturing
Dirk Frantzen
- Does Multinationality Affect the Propensity to Innovate? An Analysis
of the Third UK Community Innovation Survey
Marion Frenz, Grazia Ietto‐Gillies
- The Relationship Between Growth, Total Investment and Inward FDI:
Evidence from Time Series Data
Liangshu Qi
- USA, Japan and the Euro Area: Comparing Business‐Cycle Features
Peter McAdam
- Second‐Generation Immigrants in the Swedish Labour Market
Lars Behrenz, Mats Hammarstedt, Jonas Månsson
- Evaluating the Relative Innovative Position of European Union Member
Countries: An Empirical Analysis
A. Altuzarra, C. Puerta, F. Serrano
Top
Heterodox Books, Book Series, and Book Reviews
Introduction to
Post-Keynesian Economics
Marc Lavoie
This book offers an easy to read introduction to post-Keynesian
economics, showing that there is an alternative to neoclassical
economics and its free-market economic policies. Post-Keynesian
economics is founded on realistic assumptions and stylized facts, such
as interest targeting by central banks or constant average variable
costs in manufacturing and services. The author shows how these more
realistic foundations give rise to macroeconomic implications that are
entirely different from those of received wisdom with regards to
employment, output growth, inflation and monetary theory. For instance,
the author demonstrates that higher minimum wages or real wages can
increase both labour employment and the corporate profit rates, and that
faster output growth need not lead to higher inflation.
Contents
List of Figures
List of Tables
List of Boxes
Preface to the English Edition
Introduction
PART 1: THE POST-KEYNESIAN HETERODOXY
Who are the Post-Keynesians?
The Characteristics of Heterodox Economics
The Essential Characteristics of Post-Keynesian Economics
The Various Strands of Post-Keynesian Economics
PART 2: HETERODOX MICROECONOMICS
Consumer Choice Theory
Oligopolistic Markets and the Objectives of Firms
The Shape of Cost Curves
Price Setting
The Determinants of the Costing Margin
Conseuqences for Macroeconomic Theory
PART 3: A MACROECONOMIC MONETARY CIRCUIT
Main Characteristics of Post-Keynesian Monetary Analysis
The Relationship between Commerical Banks and the Central Bank
The Relationship between Banks and Firms
A Systemic View of the Monetary Economy
PART 4: THE SHORT-PERIOD: EFFECTIVE DEMAND AND THE LABOUR MARKET
Effective Demand and its Components
The Kaleckian Model
Further Developments of the Kaleckian Model
PART 5: THE LONG-PERIOD: OLD AND NEW GROWTH MODELS
The Old Post-Keynesian Growth Models
The New Kaleckian Models
Extensions and Criticism of the Kaleckian Model
PART 6: GENERAL CONCLUSION
Bibliography
Index
Author Biographies
MARC LAVOIE is Professor in the Department of Economics at the
University of Ottawa, Canada. He has been Visiting Professor at Curtin
University, Australia, and at the universities of Bordeaux, Grenoble,
Lille, Limoges, Nice, Rennes, Paris-1 and Paris-13. His main research
areas are in post-Keynesian and monetary economics. He has written over
130 journal articles or book chapters as well as authoring Foundations
of Post-Keynesian Economics and co-edited Central Banking in the Modern
World.
http://www.palgrave.com/newsearch/Catalogue.aspx?is=0230007805
Competition: The
Birth of a New Science
James Case
The mathematical theory of games sheds light on a wide range of
competitive activities.
What do chess-playing computer programs, biological evolution,
competitive sports, gambling, alternative voting systems, public
auctions, corporate globalization, and class warfare have in common? All
are manifestations of a new paradigm in scientific thinking, which James
Case calls “the emerging science of competition.” Drawing in part on the
pioneering work of mathematicians such as John von Neumann, John Nash
(of A Beautiful Mind fame), and Robert Axelrod, Case explores the common
gametheoretical strands that tie these seemingly unrelated fields
together, showing how each can be better understood in the shared light
of the others. Not since James Gleick’s bestselling book Chaos brought
widespread public attention to the new sciences of chaos and complexity
has a general-interest science book served such an eye-opening purpose.
Competition will appeal to a wide range of readers, from policy wonks
and futurologists to former jocks and other ordinary citizens seeking to
make sense of a host of novel—and frequently controversial—issues
Deep History: A
Study in Social Evolution and Human Potential
David Laibman
SUNY Press, Albany, NY, 2007. Pp. xiii, 224.
CONTENTS
Introduction
PART I: The General Theory of Social Evolution
Chapter 1: Agency, Causality and History
Chapter 2: Transition to Capitalism: The PF¯PR Model
and Alternatives
PART II: Capitalism: Structure, Logic, Stadiality
Chapter 3: The Elusive Anatomy of Capitalist Society
Chapter 4: The Logic of Capitalism: Growth and Crisis
Chapter 5: A Stadial Model of the Capitalist Era
PART III: Beyond Capitalism: An Envisioned Future
Chapter 6: Socialism: Beyond Capital, Beyond Class
Chapter 7: The Soviet Experience and the Theory of
Full Communism
Bibliography
Index
http://www.sunypress.edu/details.asp?id=61362
Top
For Your Information
Announcement of a Major Prize
Competition
Thorstein Veblen was born on 30 July 1857. In order to commemorate the
150th anniversary of his birth, the Association for Evolutionary
Economics (AFEE) and the European Association for Evolutionary Political
Economy (EAEPE) will co-sponsor the Veblen 150 Prize Competition.
Anyone may submit a written work. Those who submit written work will be
considered a candidate for the prize.
Candidates will be expected to submit written works on the nature of
institutions, the theory of institutional evolution, the philosophical
foundations of institutional and evolutionary economics, or the
application of institutional or evolutionary theory to economic policy.
These themes reflect Veblenian concerns.
Contestants will be divided into two groups:
(1) Candidates born on or after 1 January 1973, or currently enrolled
PhD students, or candidates who were awarded their PhD on or after 1
January 2003.
(2) Candidates who do not qualify under (1) above.
Submitted works may be unpublished, or published no earlier than 2005.
Books, articles or PhD theses may be considered. Up to four prizes shall
be awarded. For each of group (1) and group (2) there will be up to two
prizes of 2,000 GBP each.
Candidates must submit their work to Geoff Hodgson, to be received by 30
June 2007. Submissions must be on a single electronic file (to
G.M.Hodgson@herts.ac.uk) or six printed copies of the work (to Prof G
Hodgson, The Business School, University of Hertfordshire, Hatfield,
Hertfordshire AL10 9AB, UK).
Current Trustees of FEED as well as members of the councils of EAEPE and
AFEE in 2006 or 2007 shall be ineligible to enter this competition.
The prizes will be judged by a panel nominated jointly by AFEE and EAEPE
and by the Foundation for European Economic Development (FEED). The
prizes are funded by FEED (a registered UK charity).
See
http://eaepe.org/eaepe.php?q=node/view/189 for details.
Thomas Palley- Economics for
Democratic and Open Societies
The Knowledge Police in Economics
It is often said that knowledge is power. One implication of this is
that the powerful have an incentive to police what gets called
knowledge. Nowhere is this truer than in economics since how we describe
the economy has vital consequences for economic policy, providing a
clear motive to police the production of economic knowledge. Unmasking
this reality is critical for a democratic equal opportunity society.
However, it is extremely difficult to do (cont.)
Top
|
