Issue 42: April 12, 2007

From the Editor

The Heterodox Economics Newsletter has lots of new items—calls for papers, conferences and seminars, jobs for heterodox economists, etc. Of particular interest is the material on the Institutional and Behavioral Economics Section in the American Agricultural Economics Association and on the Post Keynesian Economics Study Group in the UK and its Newsletter.

Over the past several months I have collected data on the current state of heterodox economics around the world which I would like to share. First, there are at least 27 different heterodox economics associations around the world—and perhaps more but I am not aware of them. Secondly, working with the membership data of fifteen heterodox organizations, there are 2559 heterodox economists of which 482 are engaged with more than one heterodox organization. And finally, the limited evidence that I have collected indicates that heterodox economists have become more pluralistic with working with different heterodox approaches over the past 15 years (download).

Over the next six weeks the HEN will be published irregularly. I will be on holiday in Pakistan for two weeks, then a week in Bogota, Columbia giving lectures on heterodox microeconomics, and then there is the ICAPE Conference in Utah at the beginning of June. After that HEN will return to its regular schedule of production.

Fred Lee

In this issue:

      - Call for Papers

             - Second International Symposium on Economic Theory, Policy and Applications
             - ASSA Meetings
             - 2007 Society for the Development of Austrian Economics Meetings
             - EAEPE Conference 2007
             - IIId International Conference of The Social Capital Foundation
             - The Institutional and Social Dynamics of Growth and Distribution
             - The Spirit of Innovation III

    - Conferences, Seminars and Lectures

             - The “left-turn” in Latin America: myths and realities
             - Seminar on Ecological Economics
             - Global Peace Conference
             - 4th International Conference Developments in Economic Theory and Policy
             - CASE-Ukraine International Conference
             - The Seventh Cambridge Advanced Programme on Rethinking Development Economics
             - Workshop on "Methodological Problems of the Social Sciences"
             - The 2007 ABH and CHORD Conference
             - Séminaire Thornton de PHARE
             - Realistic Growth Policy for Our Times
             - Débat autour du livre L'ÉCONOMIE INSTITUTIONNELLE
             - Post Keynesian Economics Study Group
             - Economics and Identity
             - Commercial and Political Advocacy
             - Entrepreneurial Communities
             - Business Links
             - The Economic History of the Provision and Financing of Higher Education
             - International Business, International Organizations, and the Wealth of Nations
             - Assessing Law and Economics
             - Orthodoxie économique et développement en Amérique latine
             - 1ERE JOURNEE D’ETUDE

      - Job Postings for Heterodox Economists

             University of Wollongong
             - York University
             - Dollars & Sense
             - Dollars & Sense
             - City University, London
             - Auckland University of Technology
             - University of Massachusetts Amherst
             - Florida International University

      - Heterodox Conference Papers and Reports and Articles

             - Eastern Civilisation and the Breakthrough to Modernity in the West
             - OPEC in the Epoch of Globalization
             - Greening U.S. Trade

       - International Confederation of Associations for Pluralism in Economics - News

             - ICAPE 2007 Conference

      - Heterodox Journals and Newsletters

             - Levy News
             - Feminist Economics
             - International Review of Applied Economics
             - CASE e-Newsletter
             - Challange
             - EPS Quarterly

      - Heterodox Books, Book Series, and Book Reviews

             - Asian Studies: Contemporary Issues and Trends
             - Keynes's General Theory, the Rate of Interest and 'Keynesian' Economics
             - Globalization and the Myths of Free Trade
             - The United States Since 1980

       - Heterodox Graduate Program and PhD Scholarships

             - CASE&E Internship Program
             - European Network on Industrial Policy (EUNIP)
             - The Seventh Cambridge Advanced Programme on Rethinking Development Economics

       - Heterodox Associations, Institutes, and Departments

             - Institutional and Behavioral Economics Section
             - CASE&E

      - For Your Information

             - Tom Palley
             - Economists for Peace and Security
             - A New Canadian Progressive Economics Blog
             - The Freakonomics of Tenure


 Call for Papers

Second International Symposium on Economic Theory, Policy and Applications


The Economics Research Unit of the Athens Institute for Education and Research (ATINER) will hold an International Symposium in Athens, Greece, August 6-7, 2007. The registration fee is 250 euro, covering access to all sessions, 2 lunches, coffee breaks and conference material. Special arrangements will be made with local hotels for a limited number of rooms at a special conference rate. In addition, a Greek Night with live music, a one-day cruise to picturesque Greek Islands and a half-day archaeological tour.

Papers (in English) from all areas of Economics are welcome. Sessions will be organized along the lines of the Journal of Economic Literature Classification Index:

• General Economics and Teaching,
• Schools of Economic Thought and Methodology,
• Mathematical and Quantitative Methods,
• Welfare Economics,
• Microeconomics,
• Macroeconomics and Monetary Economics,
• International Economics,
• Financial Economics,
• Public Economics,
• Health, Education and Welfare,
• Labour and Demographic Economics,
• Law and Economics,
• Industrial Organization,
• Business Administration & Business Economics - Marketing – Accounting,
• Economic History,
• Economic Development, Technological Change, and Growth,
• Economic Systems,
• Agricultural and Natural Resource Economics,
• Urban, Rural, and Regional Economics,
• Cultural Economics.

Selected papers will be published in a Special Volume of Conference Proceedings or thematic books. Papers to be included are blindly peer reviewed.

Currently, there is no space for new submissions to be considered for presentation. However, if some of those accepted for presentation do not register by the due day, then new proposals can be considered. If you think you can contribute, please send an abstract of about 300 words, via email, before March 16th, 2007 to: Dr. John Roufagalas, Professor, Radford University, USA & Academic Member, ATINER, 8 Valaoritou Street, Kolonaki, 10671 Athens, Greece. Tel.: + 30 210 363-4210 Fax: + 30 210 384-7734 Email:  URL:

Abstracts should include: Title of Paper, Family Name(s), First Name(s), Affiliation (Institution), Current Position, an email address and at least 3 keywords (or JEL Index Numbers) that best describe the subject of your submission.

If you want to participate without presenting a paper, i.e. chair a session, evaluate papers to be included in the conference proceedings or books, contribute to the editing, or any other offer to help please send an email to Dr. Gregory T. Papanikos, Director, ATINER.

ASSA Meetings

The ASSA meetings will be held Jan 4-6, 2008 in New Orleans. Once again URPE (Union for Radical Political Economics) has generously agreed to co-sponsor three panels with IAFFE (International Association for Feminist Economics). To participate in these panels you must present work consistent with radical political economics and feminist economics. You most also be a member of either organization. If you want mor information about either organization go to:  or

The drop-dead *deadline* for proposed papers to me *April 20, 2007*. If you want to propose an entire panel, contact me ASAP.

I will put together 3 panels with four papers each based on paper proposal I receive. Also. let me know if you are willing to be a discussant or chair of one of these panels.

Below are the four preferred topics.
Women and the Gulf Coast (or Disasters) (being in New Orleans).
Gender and Development
Advances in Feminist Political Economy
Between Work and Family -- Empirical and Theoretical work on Women's

Send Randy Albelda a paper title, abstract, and name, institutional affiliation, phone and email including summer phone and e-mail contact info.

Please note that the date, time, and location of sessions is assigned by ASSA, not URPE. You should receive word that your paper/session was accepted by mid-June. ASSA will not assign dates and times until much later in the summer.

2007 Society for the Development of Austrian Economics Meetings

New Orleans, LA, November 18-20, 2007 (Sunday-Tuesday)

Please note: The SEA meetings this year will run Monday-Wednesday, but we have been able to secure a room so that our sessions can begin on Sunday and end on Tuesday, allowing participants to return home late on Tuesday or on Wednesday. Hotel rooms should be available at the SEA rate for Saturday night.

Persons interested in presenting papers, serving as chairs/discussants, or proposing entire panels should submit proposals by May 1st. All submissions must include the following information for each participant, including
non-attending co-authors:

Street address
Email address

Those proposing papers must also include a one-page abstract as well as an indication of their willingness to serve as a chair or discussant. If you just wish to serve as a chair or discussant, please indicate so in your submission. All information should be returned by May 1, 2007. If you are proposing an entire panel, please have all the contact information for all the participants when you send the materials. Also keep in mind that paid-up SDAE members are given priority for SDAE panels.

Please send your submissions to Joe Salerno, SDAE President-elect at:
Joe Salerno, or by postal mail until Memorial Day:

725 Garibaldi Avenue
South Plainfield, NJ 07080

EAEPE Conference 2007

The calls are for research areas A (methodology), issued by Uskali Mäki, and O (Economy, Society and Territory), issued by Frank Moulaert. Proposals for these two calls (for these two calls only as the general call for the conference and all other research areas has already expired!) should be sent to the Uskali or Frank directly . Their contact details are in the calls, which can accessed directly by clicking on the two links below or if you go on the RA pages on the EAEPE website. The deadline for both calls is May 1st 2007.
Research Area A: Methodology
General RA page on the EAEPE website:
Direct link to the call:
Research Area O: Economy, Society, Territory
General RA page on the EAEPE website:
Direct link to the call:


This year marks the 75th anniversary of Lionel Robbins's Essay on the Nature and Significance of Economic Science. The Department of Economics at LSE and the editors of Economica have decided to mark this anniversary by a conference and a special issue of the journal.

The purpose of this conference is both to renew the considerations of Robbins's theme and reflect on the current nature and significance of economic science as well as examine Robbins's own position from a historical perspective.

The conference will take place at LSE on the 10 & 11 December 2007. Authors who wish to present a paper should send an abstract (no more than 300 words) to:

by 31st July 2007.
Amos Witztum and Frank Cowell
Conference organizers

IIId International Conference of The Social Capital Foundation

This is to inform you that the IIId International Conference of The Social Capital Foundation will be held on November 15-19, 2007, in Hawaii.

We invite you to submit papers for this conference; participation as a discussant or attendant is also encouraged.

Please have a look at the conference page of our site, where you will find details of the submission and registration conditions:

The deadline is very close to the conference date in order to allow a maximal number of participants to be involved. Please note that we expect abstracts (no full papers) to be submitted. However, participants are advised not to wait until the deadline to submit, the fee being staggered.

May we suggest you to inform those members of your networks who could be interested in the conference.

We are looking forward to having news from you and to working closely with you for the success of this event.

The Social Capital Foundation
Mailing address: B.P. 30, 1310 Terhulpen, Belgium

The Institutional and Social Dynamics of Growth and Distribution

Pisa (Italy), 10-12 December 2007

ince Adam Smith, social and economic institutions have been considered as exerting a significant influence on the historical patterns of growth and distribution of nations. More recently, economists have also emphasized that the process of growth and distribution in turn shape the evolution of institutions. Growth and distribution are lenses through which we can investigate the complex interplay of the birth, the life, and the decline of social and economic institutions. And institutional and social dynamics, in turn, are important elements in comprehending the interaction between growth and distribution.The goal of this Conference is to provide a forum for the presentation and discussion of different approaches to the issues of the institutional and social dynamics of growth and distribution, with all the theoretical, empirical, historical, and methodological implications.  flyer.pdf
Keynote speakers

* Sam Bowles (Santa Fe Institute)
* David de la Croix (Université catholique de Louvain)
* Steven Durlauf (University of Wisconsin-Madison)
* Joel Mokyr (Northwestern University)

The Spirit of Innovation III

The Forum The Spirit of Innovation III will be held in March 2008 in Poitiers (France) on the topic

"Services, Innovation and Sustainable Development".

Download the flyer. (in French)


Conferences, Seminars and Lectures

The “left-turn” in Latin America: myths and realities

Thursday 12 April 17.00, The School of Oriental and African Studies, University of London, Russell Sq. Room G2.
Prof Atilio Borón will talk on “The “left-turn” in Latin America: myths and realities”.
Chair: Dr Alfredo Saad Filho Head of Department of Development Studies, SOAS

Prof. Atilio A. Boron (Ph. D., Harvard University, 1976) is Professor of Political Theory at the Univesity of Buenos Aires. During the last nine years he was Executive Secretary of CLACSO, the Latin American Council of Social Sciences. Now he is Director of the Latin American Distance Education Program of the Cultural Center for the Cooperation and Editor of the Spanish Version of the Socialist Register. Author of many books an articles translated into many languages, among which, in English, Empire & Imperialism. A critical reading of Michael Hardt and Tony Negri (London: Zed Books); State, Capitalism and Democracy in Latin America (Boulder: Lynne Rienner); and "The truth about capitalist democracies", Socialist Register 2006. He taught political science at Columbia University, University of California/Los Angeles, MIT and the University of Warwick.
Further information may be obtained from Daniela Tavasci, e-mail:

Seminar on Ecological Economics

Announcement of our forthcoming seminar on ecological economics that we will be celebrating here in Mexico City. Among our guests will be Paul Burkett of Indiana State University whose recent book Marxism and Ecological Economics should become an object of study, discussion and debate in heterodox circles.

Congreso de Economía Ecológica

Universidad Autónoma Metropolitana Unidad Xochimilco
Doctorado En Ciencias Económicas
Área Macroeconomía Dinámica y Cambio Estructural y Grupo De Economía Ecológica De México
Invitan al:
Congreso de economía ecológica
“Propuestas para generar alternativas”
Espacio de discusión teórico-metodológico para la comprensión y transformación de nuestra sociedad


El reconocimiento de la compleja relación entre los conflictos distributivos y el deterioro ambiental impulsaron la emergencia de la Economía Ecológica. Ofrece un paradigma alterno y una visión heterodoxa de la teoría económica para incluir la problemática ambiental en el análisis económico. Frente al dominio de la metodología neoclásica para examinar estos problemas en nuestro país, convocamos a una reunión para contribuir al avance de este paradigma alternativo. En esta perspectiva, el objetivo general del congreso es:

Generar un espacio de discusión en torno a los fundamentos teórico-metodológicos de la Economía Ecológica como un saber emergente para promover la justicia social y sustentabilidad. Convocatoria.doc

Global Peace Conference

Congress of Planetary Initiatives
Marriot University Park Hotel, Salt Lake City, Utah, USA
August 24-26 2007
The Purpose of this unique Global Gathering is to foster serious and immediate Dialog, in the hope of maintaining it on a continuing basis thereafter, between all the extant Paradigms/ World-Views/ Interests / Ideologies that have divided the Human World into disparate, and often feuding, Sectarian Groupings. The Dialog will be, thereby, between the varied Polarities instituted by Geography, Gender, Ideology, Ethnicity, Language, Philosophy, Religion, Culture, and Politics (e.g. East-West, Men-Women, Tradition-Modernity, Conservative-Radical, North-South, etc.).
The Object is to locate all possible Areas of Agreement that can serve to foster a World-Wide Affiliation of Peoples who can, while maintaining and respecting Difference, sincerely find Common Cause that will sustain the continued existence of Planetary Life forms under threat today by both Violence and Greed. The Congress will Adopt appropriate Resolutions, both collectively and separately, in all spheres, including Plans for instituting Means, Mechanisms, and Modalities to realize them, in a consilient Spirit of Consensus, and establish the basis for future expansion of the Areas of Mutual Agreement in Ideas, Visions, and Possibilities.
We are currently soliciting Applications for Participants to enhance the nature of Dialogue at this unique Global Peace Congress to be held in Salt Lake City, Utah from August 24-26, 2007. We have on board outstanding and distinguished Panelists, drawn from all over the world, who will, it is hoped, in a highly personal, dynamic interactive
process with invited Participants, arrive at new salves for old global problems. Whilst Panelists will lead discussions, Participants will have a vital role to play as well in debating and challenging Panelists, with Final Resolutions being a truly Collective Effort of the gathering as a whole. Full details of the Program as well as names of all
Attending Panelists may be viewed at At this point we are provisioned for 300 Participants only, selected from around the world. Applications will be reviewed on a first come/first processed basis. The
Application form and further details are available on our website. Applicants are asked to indicate their background, their Interest in, and rationale for, participation, and their ability to fund it on their own account. Questions and queries may be addressed to .
This is a once in a lifetime opportunity for many to be proximate with some amazing people, aside from being able to directly help address major issues confronting the world today. We look forward to your participation in this event.
Congress of Planetary Initiatives
Postal Address: Congress2007, P.O. Box 95184, South Jordan, Utah 84095
Phone: (USA) 413-665-2463

4th International Conference Developments in Economic Theory and Policy

in the website  you will find updated information about the 4th International Conference Developments in Economic Theory and Policy (Bilbao - Spain, July 5-6, 2007) related to: Special Sessions and Invited Speakers, Accomodation and Registration.

CASE-Ukraine International Conference

Is Eurasia’s economic centre of gravity shifting to the East?
How serious is the Asian challenge to Europe and the US?

You will hear answers to these questions and more on March 23 - 24 at the CASE and CASE-Ukraine international conference in Kyiv, Ukraine:

Winds of Change: The Impact of Globalization on Europe and Asia.

Two hundred outstanding researchers, representatives of international organizations and financial institutions and policy-makers who shape the economic debate in Europe, Asia and North America, representing more than 30 countries will attend the conference. It will be the first event of this scale to be held in the Ukrainian capital.

Select conference speakers include:
Alan Gelb, The World Bank (Director, Development Policy)
Martin Wolf, Financial Times, Chief Economic Commentator
Oleksandr Savchenko, Deputy Governor of the National Bank of Ukraine
Susan Schadler, IMF (Deputy Director, European Department)
Leszek Balcerowicz, Former President of the National Bank of Poland
Lucio Vinhas de Souza, DG-ECFIN, European Commission
Boris Nemtsov, Leader of Union of Right Forces Party, Russia
Volodymyr Makukha, Economics Minister of Ukraine
George Kopits, National Bank of Hungary (Monetary Council member)
Paolo Garonna, UNECE, (Deputy Executive Secretary)

To see who else will be speaking, go to:,nlang-710.html 

To read conference papers, go to:,nlang-710.html 

To view conference sesssion, go to:,nlang-710.html 

Citizens of the European Union, USA, Canada, Japan, Switzerland and Liechtenstein do not need visas to enter Ukraine.

Conference fee $200 conference covers materials, lunch and coffee breaks.

To register in 60 seconds, go to: 

The Seventh Cambridge Advanced Programme on Rethinking Development Economics

Hosted by Development Studies Committee, University of Cambridgewith support from the Ford Foundation

4 July – 21 July, 2007
Corpus Christi College, Cambridge, England

Workshop on "Methodological Problems of the Social Sciences"

Tilburg, Netherlands
7 May 2007
JEL classification: B
Further information at:

The 2007 ABH and CHORD Conference

BUSINESS LINKS: Trade, Distribution and Networks

will be held on:
29 and 30 June 2007
the University of Wolverhampton, Wolverhampton, UK

The Association of Business Historians (ABH) and the Centre for the History of Retailing and Distribution (CHORD) invite participants to their joint conference.

Provisional programme, abstracts and registration details are now available at:

Plenary speaker: Roy Church, UEA

For more information, please contact: Laura Ugolini, HAGRI / HLSS, University of Wolverhampton, Room MC233, MC Building, Wolverhampton, WV1 1SB.
Tel.: (044) 01902 321890. E-mail:
CHORD web-pages:
ABH web-pages:  

Séminaire Thornton de PHARE

Le prochain séminaire Thornton de PHARE "monnaie,crédit et liquidité dans l'histoire de la pensée économique" aura lieu le jeudi 5 avril prochain , à 18 h, à la MSE, salle 113.

Bernard Vallageas
(Université Paris -Sud)

"La transformation des valeurs en prix dans le Treatise on Money et l'analyse de la formation des profits"

Le texte est en fichier joint ci-dessous

Sylvie Diatkine
Jérôme de Boyer
Professeur à l'Université Paris XII Val de Marne Faculté de sciences économiques et de gestion
61 avenue du Général de Gaulle
94010 Créteil Cedex - France
tél : 33 (0)1 41 78 46 46 ou 46 21

Realistic Growth Policy for Our Times

What: "Realistic Growth Policy for Our Times: A Conference in Memory of David Gordon"

When: Friday, April 13, 2007 9:30 a.m.-5:00 p.m

Who: Current speakers and panelists include Robert Gordon, Lance Taylor, David Howell, Pascal Petit, Michael Piore, Robert Pollin, Ed Wolff, Servaas Storm, Marc Lavoie, Michael Reich, Mark Levitan, Heather Boushey, and Ron Blackwell

Where: Teresa Lang Student Center, 55 West 13 Street, 2nd Floor

In remembering David Gordon, the late founder of SCEPA (then CEPA) and New School Professor of Economics, this conference will explore an issue that was important to him, and remains relevant today--the relationship between income distribution and economic growth. The aim is to promote a lively dialogue between scholars focused on labor market regulation, industrial relations and corporate governance, and political and cultural institutions, with scholars of economic growth who see institutions and income distribution as central to their analysis. The hope is to further our understanding of progressive and growth-promoting policies in today's economic climate.

This conference is free and open to the public, but reservations are required. E-mail to reserve a seat.

For more information about the conference, visit our website at


("Repères", La Découverte 2007)

organisé par le CEMI (EHESS)
et le GERME (Univ. Paris Diderot)

Le jeudi 5 avril 2007 de 10h à 12h30
Paris 7, 103 rue de Tolbiac
Salle des thèses

Bernard Chavance présentera son ouvrage

Le débat sera introduit par Mathieu Arnoux (Univ. Paris 7)
et Nicolas Postel (Univ. Lille 1)

L'économie est un processus institutionnalisé : tel est le consensus qui semble s'établir depuis une quinzaine d'années. Admettre l'importance des institutions pour l'étude de l'économie représente toutefois une rupture avec le courant dominant de la pensée au XXe siècle. Ce livre retrace l'histoire des théories économiques qui composent la grande famille de l'économie institutionnelle. À partir de positions doctrinales et méthodologiques parfois opposées, elles ont toutes tenté de comprendre la nature, le rôle, l'origine et le changement des institutions et apporté une contribution majeure à la réflexion contemporaine.
Parmi les grands thèmes de la pensée institutionnaliste figurent les relations entre continuité et changement, le rapport entre comportements individuels et règles sociales, l'impact des institutions sur la dynamique ou les performances de long terme des économies, la place respective du pouvoir et de l'efficacité dans les évolutions historiques.

Pour se rendre à Paris 7, 103 rue de Tolbiac, Bât. "Montréal":
- Métro: Tolbiac, Place d'Italie ou Nationale. Bus: lignes 62 et 83 (arrêt Tolbiac-Baudricourt) ;
- Prendre l'escalator pour monter sur la dalle "Les Olympiades" et suivre le fléchage "Université Paris 7 - Denis Diderot", sur la gauche ;
- salle des thèses, deuxième étage ; à gauche en sortant de l’ascenseur.

Post Keynesian Economics Study Group

New Perspectives on Keynes’s General Theory

Friday 25 May 2007
Homerton College, Hills Road, Cambridge CB2 8PH  (01223) 507111


2 pm–6 pm (gathering from 1 pm)

Session 1: The Economics of Keynes in Historical Context
Speaker: Michael Lawlor (Wake Forest University)
Discussant: Victoria Chick (University College, London)

Session 2: Keynes’s General Theory, the Rate of Interest and ‘Keynesian’ Economics
Speaker: Geoff Tily (Office for National Statistics)
Discussant: Jan Toporowski (SOAS)

Session 3: The Economics of Keynes: A New Guide to The General Theory
Speaker: Mark Hayes (University of Cambridge)
Discussant: Roy Rotheim (Skidmore College)

Summing up: Geoff Harcourt (University of Cambridge)

There is no registration fee, but please do advise if you plan to attend so we can plan afternoon refreshments. Thanks to the generous support of Triodos Bank, we will consider applications by post-graduate students for reimbursement of APEX rail fares within the UK.

Meals and accommodation: lunch and dinner are available in Homerton from 12 pm and 6 pm. There is a Travelodge just opposite Homerton College (0870) 191 1601, and a list of local guest-houses and hotels is also available on request.


By rail: 1215 from London Kings Cross, take bus #1 or #7 travelling south (Fulbourne, Sawston–every five minutes), get off at third stop directly opposite Homerton College. Alternatively 20 minute walk. Follow signs to “Ibberson Reception” to conference reception area (number 5/6 on campus map see  ), or ask at Porter’s Lodge.

By car: parking available by prior arrangement. See website for further directions.

Economics and Identity

Professor George Akerlof, winner of the 2001 Nobel Prize in Economics will deliver the Stamp Memorial Lecture at LSE on Wednesday 25 April.

Event Information:

Commercial and Political Advocacy

In 20th-Century Britain
Hearts and Minds: the Ethos of Commercial and Political Advocacy in 20th-Century Britain on April 14, 2007 is a workshop organized by the School of Business and Management, Queen Mary College, London.

Entrepreneurial Communities

BHC Annual Meeting
The annual meeting of the Business History Conference (BHC) takes place May 31 - June 2, 2007 in Cleveland, Ohio at the Weatherhead School of Management of Case Western Reserve University. The theme for the conference is Entrepreneurial Communities.

Business Links

Trade, Distribution and Networks
The Centre for the History of Retailing and Distribution, with the Association of Business Historians holds Business Links: Trade, Distribution and Networks on June 29 to 30, 2007 at the University of Wolverhampton, UK.

The Economic History of the Provision and Financing of Higher Education

The economic history of the provision and financing of higher education and its reflection in the history of economic thought is an INFER workshop on July 27-29, 2007 at the Technical University of Darmstadt, Germany.

International Business, International Organizations, and the Wealth of Nations

The theme of the 11th Annual Conference of the European Business History Association (EBHA) at the University of Geneva, Switzerland from September 13-15, 2007 is International Business, International Organizations, and the Wealth of Nations.

Assessing Law and Economics

In the Context of Development
Change, Rules and Institutions: Assessing Law and Economics in the Context of Development in London, UK on September 29 & 30, 2007 reassesses the relationship of law to economics in the context of development.

Orthodoxie économique et développement en Amérique latine

par Luiz Carlos Bresser-Pereira
Professeur émérite de la Fondation Getúlio Vargas
le Lundi 23 avril 2007 à 11 heures Maison de l’Amérique latine - 217 boulevard Saint Germain 75007 Paris
Avec la participation de : Eric Berr, Maître de conférences à l’Université Montesquieu, Bordeaux 4
Modérateur : Olivier Lafourcade, Président de OML International  IDDRI.pdf


Université Pierre Mendes France, Grenoble, 24 avril 2007

Co-organisée par
l’Association pour le Développement des Etudes Keynésiennes (ADEK)
l’Ecole Doctorale Sciences Economiques UPMF
le Centre d’Etudes Monétaires et Financières (CEMF)
Download the program: English  French.

DARE Graduate School

The annual DARE Graduate School in Economic Governance, Development and Public Policy will be held at the Universitat Rovira i Virgili, Reus, Spain. It will take place from 2nd - 9th September 2007. Further details on the School:

The School, which has evolved from the L’institute-Ferrara Graduate School in Industrial Development Policy, is co-ordinated and organised by DARE (Democratic Communities in Academic Research on Economic Development), a community of international faculty focused on enhancing theoretical and policy understanding around democratic economic development. For further information on DARE, please see

A particular aim of the School is to contribute to the evolution of a multinational network of people thinking about, analysing and researching into economic governance, development and public policy. To this end, the School will bring together 16 participants from a variety of countries and research backgrounds to engage in a co-operative learning process with internationally-renowned researchers and practitioners.

For further information and for an application form, those interested can write to Marcela Valania at  (Please download the further particulars for the School). The deadline for applications is 31 May 2007.


Job Postings for Heterodox Economists

University of Wollongong

Faculty of Commerce - Inspiring Social Innovation

Teach & Research in Economics

The School of Economics is part of the University ofWollongong's highly regarded Faculty of Commerce. The School has a vibrant undergraduate and graduate teaching program, which includes a strong honours and PhD component. We have a stimulating research culture with many highly successful and productive scholars, and we are home to three research centers. See:


Applications are invited from candidates with a specialisation in any area of economics, including macroeconomics, microeconomics, econometrics, economic history, and the history of economic thought. The successful candidate will hold a PhD, or will be close to completion, in a relevant area of economics with achievement of publishable research outcomes and a demonstrated teaching ability.

Please address the criteria specified in the relevant position description, which is available on our website.
For further information about this role, please contact:
CONTACT: Professor Simon Ville
Tel:+61 (0) 2 4221 3098


Based in Wollongong, a coastal city south of Sydney (Australia), UOW is rated 5 stars by the Australian Good Universities Guide in the areas of research and educational experience.

Applications close 22 April 2007.
Please quote ref no: 21709
Please go to our website:
to submit your application online & for more information about the position and UOW.

York University

York University, Faculty of Arts, Division of Social Science invites applications for two one-year contractually limited appointments in Business and Society at the Assistant Professor level commencing July 1, 2007. The Division is a department within the Faculty of Arts, mandated to provide undergraduate general education, as well as a number of specialized interdisciplinary programs, including Business and Society (BUSO). Information about the BUSO program can be found at

The successful candidate will hold a PhD (or be close to completion) in one of the relevant social sciences or other related field and must demonstrate a strong competence in undergraduate teaching, with a background and interest appropriate for teaching lower and upper level courses within a critical interdisciplinary program. A promise of excellence in research and publication in the field of business and society is preferred. Each candidate will teach the equivalent of three full-year courses including some combination of AS/SOSC 1340 3.0 Introduction to Business and Society, AS/SOSC 2330 9.0 Economics of Law, Policy and Organization, AS/SOSC 3040 6.0 Corporate Social Responsibility, AS/SOSC 4040 6.0 Issues in Business and Society AS/SOSC Alternative Economic Firms and Arrangements and AS/SOSC 4043 6.0 Business Law and Corporate Governance in Comparative Perspective.
York University is an Affirmative Action Employer. The Affirmative Action Program can be found on York's website at  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. Temporary entry for citizens of the U.S.A. and Mexico may apply per the provisions of the North American Free Trade Agreement (NAFTA).
Candidates are asked to submit a curriculum vitae, a statement of research and teaching interests, and a sample publication, and should have three referees send letters of reference to:

Darryl Reed, Chair
Division of Social Science
S756 Ross Building
4700 Keele Street
Toronto, M3J 1P3

Telephone: 416-736-5056 Fax: 416-736-5574

All York University positions are subject to budgetary approval.

Deadline: May 1, 2007

Dollars & Sense

Dollars & Sense, the 32-year-old progressive economics publisher based in Boston, Mass., seeks a Development and Promotion Coordinator. We publish an 8,000-circulation bimonthly magazine and nine book titles.
The primary areas of responsibility of the Development and Promotion Coordinator are:
Direct-mail fundraising
Major donor fundraising
Magazine promotion
As part of a team of one other business and three editorial staff, the Development and Promotion Coordinator works closely with a volunteer collective of activists and social scientists committed to social justice and economic democracy. Staff members are automatically members of the D&S collective and attend Thursday evening collective meetings, where editorial and business decisions are made. All staff members participate in planning and carrying out promotion and fundraising activities, and all share a range of administrative and clerical tasks in the office.
Fundraising experience; excellent writing, computer, and administrative skills; creativity and enthusiasm; progressive politics; and some professional experience required. Grant writing; magazine promotion; some bookkeeping experience preferred. People of color are strongly encouraged to apply. Position is part-time (30 hours/week) with COLA+3% annual raise, full health benefits, three weeks vacation.
Send cover letter and resume by April 15th, 2007 to: Development Coordinator Search, Dollars & Sense, 29 Winter Street, Boston, MA 02108 or email  Applications will be reviewed as they're received.
[short version of ad:]
Dollars & Sense Progressive economics publishing collective in Boston seeks part-time (30-hour/week) DEVELOPMENT/PROMOTION COORDINATOR, responsible for fundraising, magazine promotion. Fundraising experience; excellent writing, computer, and administrative skills; creativity and enthusiasm; progressive politics; and some professional experience required. Grant writing; magazine promotion; some bookkeeping experience preferred. People of color are strongly encouraged to apply. Send cover letter, resume by April 15th to: Dollars & Sense, 29 Winter Street, Boston, MA 02108 or email

Dollars & Sense

Dollars & Sense, the 32-year-old progressive economics publisher based in Boston, Mass., seeks a Business and Circulation Coordinator. We publish an 8,000-circulation bimonthly magazine and nine book titles.
The Business and Circulation Coordinator is responsible for:
Financial planning, including annual budget and cash-flow projections
Accounts payable/accounts receivable/payroll
Communicating with customers, primarily college bookstores, and vendors
Overseeing the annual audit
Overseeing the circulation vendor
Handling unusual circulation problems
As part of a team of one other business and three editorial staff, the Business and Circulation Coordinator works closely with a volunteer collective of activists and social scientists committed to social justice and economic democracy. Staff members are automatically members of the D&S collective and attend Thursday evening collective meetings, where editorial and business decisions are made. All staff members participate in planning and carrying out promotion and fundraising activities, and all share a range of administrative and clerical tasks in the office.
Excellent computer and administrative skills; bookkeeping experience, preferably with Quickbooks; some experience with budgeting and financial management; progressive politics; and some professional experience required. Circulation experience preferred. Requires a careful, detail-oriented person. People of color are strongly encouraged to apply. Position is part-time, approximately 30 hours/week, with COLA+3% annual raise, full health benefits, three weeks vacation. Note: number of hours per week is negotiable, as we would consider narrowing job responsibilities to hire a qualified candidate for fewer hours.
Send cover letter and resume by April 15th, 2007 to: Business Coordinator Search, Dollars & Sense, 29 Winter Street, Boston, MA 02108 or email Applications will be reviewed as they're received.
[short version of ad:]
Dollars & Sense Job opening at progressive economics publishing collective in Boston. BUSINESS/CIRCULATION COORDINATOR: Excellent computer, administrative skills; bookkeeping (Quickbooks); financial management; progressive politics; circulation experience preferred. People of color are strongly encouraged to apply. Send cover letter, resume by April 15th to Dollars & Sense, 29 Winter Street, Boston, MA 02108 or email

City University, London

Lecturer/Senior Lecturer/Reader/Professor (2 posts)
Department of Economics
School of Social Sciences
City University, London

Salary commensurate with qualifications and experience


We are seeking to fill two posts starting September 2007 or earlier.

Candidates for both posts will be expected to make a distinctive contribution to the department's research profile and to contribute to the development and delivery of the department's teaching programmes at both the undergraduate and postgraduate levels.

We are interested in receiving applications both from new entrants to the profession, with evidence of potential for excellence in teaching and research, and those that have a proven track record.

All candidates will have completed a PhD in an appropriate field by the time of appointment and will have clear potential for and demonstrable plans for high quality research leading to publication in reputable academic journals. For appointment beyond Lecturer A level, candidates will have a strong publication record, appropriate to the rank for which they are applying, in addition to clear plans for future research.

Applications are sought from candidates in all fields of research but some preference will be given to candidates who are able and willing to complement the teaching needs of our ongoing programmes.

We offer a comprehensive package of in-house staff training and development, and benefits that include a final salary pension scheme.

Actively working to promote equal opportunity and diversity.

For more information and an application form, visit or write to Magalie Rouschmeyer, HR Department, City University, Northampton Square, London EC1V OHB, quoting the job
reference number MR/9876.

Informal enquiries may be directed to Saqib Jafarey, Recruitment Committee, Department of Economics at

Closing date: 4 May 2007

Auckland University of Technology

Lecturer in Business Economics
Business School
Auckland University of Technology
Auckland University of Technology (AUT University) Business School has a reputation as a leading provider of innovative undergraduate and postgraduate business education, with strong links to business, employers and professional bodies. The School has over 6000 students and 210 academic staff and our degree courses include a very successful Bachelor of Business, Master’s degrees (by research and course-work), MBA, and a growing PhD programme.
The Department of Economics is currently seeking to appoint a Lecturer (equivalent to Assistant Professor in the US) in Business Economics who can make a valuable contribution to curriculum development, teaching and research. We are particularly interested in receiving applications from colleagues with expertise in one or more of the following fields: business economics, international trade economics, microeconomics, macroeconomics, labour/human resource economics, applied econometrics. For detailed information: BusinessEconomics.pdf

University of Massachusetts Amherst

The Department of Economics invites applications for the position of CHIEF ACADEMIC ADVISOR.
Duties: The Chief Academic Advisor provides and manages a wide range of undergraduate services for the Department including academic advising, course registration procedures and scheduling, internships, and undergraduate and alumni/ae events and activities. Advisor also supervises undergraduate tutors/peer advisors. Approximately 75% of Advisor’s time is devoted to these duties. Advisor teaches one undergraduate economics course per year (25% of time).
Qualifications: Ability to communicate well with undergraduates and excellent organizational and administrative skills. MA or PhD in Economics or a related field. Two to four years experience in higher education environment (teaching and/or academic advising preferred); excellent problem-solving skills, which may involve sensitive academic or administrative problems and interactions with students, parents, faculty, and staff from diverse backgrounds; ability to work independently and collaboratively; excellent computer skills, including knowledge of Excel and, ideally, SPIRE; ability to maintain good records.
Hiring Salary Range: $48,000-$50,000. Normal Starting Salary: $48,000. Starting date of appointment: negotiable. Initial appointment is for two one-year periods, with the possibility of renewal beyond two years.
Send cover letter, resume, transcripts, three letters of recommendation, and statement of advising philosophy, by April 20, 2007, the priority consideration date. Search will continue until the position is filled.
Send materials to: Diane Flaherty, Chair, Department of Economics, University of Massachusetts, 200 Hicks Way, Amherst, MA 01003-9277.
The University of Massachusetts is an Affirmative Action/Equal Opportunity Employer. Women and members of minority groups are encouraged to apply.

Florida International University


Florida International University was founded in 1972 and is Miami’s only public research university. Currently FIU has 38,000 students and graduates the most Hispanics of any university in the country. Its 21 colleges and schools offer more than 200 bachelors, masters and doctoral programs. FIU has also been classified by the Carnegie Foundation for the Advancement of Teaching as a “High Research Activity.” This year FIU was authorized to establish a medical school, which will open in 2009. FIU’s College of Law recently received accreditation in the fastest time allowed by the American Bar Association.

We seek candidates interested in working with us to meet the needs of an increasingly diverse, multicultural, technology-driven society. All teaching programs in the College are accredited by NCATE. The College is comprised of four academic departments housing 60 programs at the undergraduate, masters, specialist and doctoral levels.

Faculty Position: The Center for Labor Research & Studies at
Florida International University announces one permanent, full-time faculty position (possible tenure earning status to begin August 1, 2007. The CLR&S offers an undergraduate Labor Studies Concentration within a Liberal Studies program; two undergraduate Labor Studies Certificates; an under graduate certificate in Vocational Education, a graduate certificate in Conflict Resolution and Consensus Building; conducts sponsored and non-sponsored research and training; and offers a variety of non-credit programs.

Salary: Negotiable. Salary will be competitive and commensurate with qualifications and experience.

Responsibilities: We are seeking an individual to write and secure research and/or training grants who will enhance and increase the funded research/training efforts of the Center as well as contribute to the undergraduate, graduate and non-credit teaching program and general mission of the College and the Center.

Qualifications: A Ph.D. or comparable terminal degree is required and teaching and research experience. Proven record of grants preferred. Teaching and research focuses on one or a combination of the following Labor Studies/Adult Education/Human Resource Development areas:
globalization and the changing nature of work; immigration, ethnicity and worker rights; workplace health and safety; worker literacy within changing technologies. In addition to the specified areas, applicant must have a demonstrated interest in working with a diverse labor community. Good interpersonal skills required.

Position will remain open until filled. Initial review will begin on April 26, 2007. Please submit a letter of application that establishes position qualifications, vitae, samples of scholarly writing, copy of graduate transcripts and a list of at least three references with phone numbers/e-mail address to:

Judith Blucker, Dean

c/o Lisa Frost

Center for Labor Research & Studies, 11200 SW 8th Street –LC 304, Miami, FL 33199
(305) 348-2371 • FAX: (305) 348-2241
F.I.U. is an EO/EA Employer & Institution


Heterodox Conference Papers and Reports and Articles

Eastern Civilisation and the Breakthrough to Modernity in the West

Heinrich Bortis has written a longish essay/manuscript on “Eastern Civilisation and the Breakthrough to Modernity in the West.” The manuscript attempts to bring together Post Keynesian-heterodox economics with the older traditions of political ethics—see the link. You can contact Heinrich at

OPEC in the Epoch of Globalization

“OPEC in the Epoch of Globalization: An Event Study of Global Oil Prices” by Cyrus Bina and Minh Vo

Greening U.S. Trade

By Kevin P. Gallagher
U.S. President Bush is trying to pass trade bills with Panama, Peru, Colombia, and South Korea. Unfortunately, these treaties fall far short of a Congressional mandate stating that U.S. trade bills must have significant environmental provisions. The new agreements backpedal on effective environmental cooperation and funding precedents that were set under NAFTA.
Link to article:
For more on GDAE’s Globalization and Sustainable Development Program: 


International Confederation of Associations for Pluralism in Economics - News

ICAPE 2007 Conference



Heterodox Journals and Newsletters

Levy News

Digital Newsletter of The Levy Economics Institute of Bard College
March 2007

2. PRESS RELEASE—16th Annual Hyman P. Minsky Conference

Productivity, Technical Efficiency, and Farm Size in Paraguayan Agriculture
No. 490
Land Rental and Sales Markets in Paraguay
No. 491
Are the Costs of the Business Cycle “Trivially Small”? Lucas’s Calculus of Hardship and Chooser-dependent, Non–Expected Utility Preferences
No. 492
Global Imbalances: Prospects for the U.S. and World Economies
Thursday and Friday, April 19 and 20, 2007
Program and registration information will be posted as it becomes available.

Feminist Economics

Volume 13 Issue 1
( is now available online at informaworld (

This new issue contains the following articles:

Home-ownership among opposite- and same-sex couples in the US p. 1
Authors: Karen Leppel

Wage determination and the gender pay gap: A feminist political economy analysis and decomposition p. 31
Authors: Maria Karamessini; Elias Ioakimoglou

Adding links, adding persons, and adding structures: Using Sen's frameworks p. 67
Authors: Des Gasper

Explorations on human rights p. 87
Authors: Rajeev Patel; Radhika Balakrishnan; Uma Narayan

International Review of Applied Economics

Volume 21 Issue 1 is now available online at informaworld (

This new issue contains the following articles:

Electricity Prices as Signals for the Evaluation of Reforms: An Empirical Analysis of Four European Countries p. 1
Authors: Massimo Florio

Turkish Currency Crisis of 2000–2001, Revisited p. 29
Authors: Nazim Kadri Ekinci; Korkut Alp Ertürk

On the Transmission Mechanism of Monetary Constraints to the Real Side of the Economy p. 43
Authors: Alex Luiz Ferreira

Convergence in Productivity Across Industries: Some Results for New Zealand and Australia p. 55
Authors: Troy D. Matheson; Les Oxley

Technical Diffusion, Productivity Convergence and Specialisation in OECD Manufacturing p. 75
Authors: Dirk Frantzen

Does Multinationality Affect the Propensity to Innovate? An Analysis of the Third UK Community Innovation Survey p. 99
Authors: Marion Frenz; Grazia Ietto-Gillies

The Relationship Between Growth, Total Investment and Inward FDI: Evidence from Time Series Data p. 119
Authors: Liangshu Qi

USA, Japan and the Euro Area: Comparing Business-Cycle Features p. 135
Authors: Peter McAdam

Second-Generation Immigrants in the Swedish Labour Market p. 157
Authors: Lars Behrenz; Mats Hammarstedt; Jonas Månsson

Evaluating the Relative Innovative Position of European Union Member Countries: An Empirical Analysis p. 175
Authors: A. Altuzarra; C. Puerta; F. Serrano

CASE e-Newsletter

April/May 2007

- CASE and CASE Ukraine Host Major International Economic Conference
- First ENEPO Workshop Held in Kyiv
- CASE team presents Ukraine and Moldova reports to EU Policymakers
- Latest BRE-CASE Seminars Analyze Newest EU Members and Evolution of Polish Business Sector
- Schneider Speaks about Shadow Economy at CASE Seminar
- CASE Advisory Council Member appointed Chief Economist at IMF
- Dr. Marek Dąbrowski expands CASE activity to Middle East
Download newsletter


Volume 50 Number 2 / March-April 2007 of Challenge is now available at

This issue contains:

Letter from the Editor
Jeff Madrick

The Challenge of Affluence: Interview with Avner Offer
Avner Offer

Woe for the Working Classes
John Connor

Aid Does Matter, After All: Revisiting the Relationship Between Aid and Growth
Camelia Minoiu, Sanjay Reddy

Shalendra Sharma

The Post-Washington Consensus: Brand New Agenda or Old Wine in a New Bottle?
Erlend Krogstad

The Iranian Oil Bourse: A Threat to Dollar Supremacy?
Robert Looney

Microfinance: The Newest Financial Technology of the Washington Consensus
Patrice Flynn

From the Publisher: Iraquenomics
Mike Sharpe

EPS Quarterly

- Letter from the Director
- Don't Go Into Iran, George
Niall Ferguson
- The Battle of Iraq’s Wounded
Linda Bilmes
- Who Will Pay for this Puny Defense Budget?
Winslow T. Wheeler
- Faslane Statement
Professor Sir Richard Jolly
- The Costs of War to Occupied Countries
John Tepper Marlin
- Falling Pricesand Terrorism
William J. Baumol

Download the newsletter


Heterodox Books, Book Series, and Book Reviews


Editor, John B. Davis ( ), University of Amsterdam and Marquette University

This series presents new advances and developments in social economics thinking on a variety of subjects that concern the link between social values and economics. Need, justice and equity, gender, cooperation, work, poverty, the environment, class, institutions, public policy, and methodology are some of the most important themes. Among the orientations of the authors are social economist, institutionalist, humanist, solidarist, cooperativist, radical and Marxist, feminist, post-Keynesian, behaviorist, and environmentalist. The series offers new contributions from today’s most foremost thinkers on the social character of the economy.

Published in conjunction with the Association for Social Economics

Asian Studies: Contemporary Issues and Trends

Series Editor: Professor Chris Rowley,
Cass Business School, City University, UK

Chandos Publishing is pleased to announce the launch of a major new series of books entitled Asian Studies: Contemporary Issues and Trends.

Asia has clearly undergone some major transformations in recent years and books in the Series will examine this transformation from a number of perspectives: economic, management, social, political and cultural. We are particularly interested in books which focus on business and management issues.

Importantly, the Series will examine both current developments and possible future trends. The Series is aimed at an international market of academics and professionals working in the area and have been specially commissioned from leading authors. The objective is to provide the reader with an authoritative view of current thinking.
For detailed information: Chandos.doc

Keynes's General Theory, the Rate of Interest and 'Keynesian' Economics

By Geoff Tilly

Under a great cover of a Duncan Grant portrait of Keynes, only just purchased by the Charleston Trust, Geoff Tily argues that Keynes was primarily concerned with monetary policy, not fiscal policy. Viewed as a coherent whole, Keynes's work was concerned with the appropriate technique and infrastructure for the management of money at low rates of interest. More specifically, his rejection of the gold standard led ultimately to his proposal for an international clearing union to support domestic debt-management policies aimed at cheap money. His ideas became reality: with the start of the Great Depression, governments across the world began a short-lived era of the deliberate management of money. While many others have argued that 'Keynesian' economics is a misrepresentation of Keynes's theory, Tily argues that 'Keynesian' economics also permitted a gross misrepresentation of his economic policies. 'Keynesian' economics was a different theory, opposed, and indeed rival, to Keynes's work. With the policy perspective restored, an alternative presentation of Keynes's economics, based on post-Keynesian economics, is developed.

Globalization and the Myths of Free Trade

History, theory, and empirical evidence- January 2007

Edited by Anwar Shaikh, Graduate Faculty of Political and Social
Science of the New School University, USA

Globalization and the Myths of Free Trade critically examines the Washington Consensus, its history, theory, practice and its global outcomes. Two decades have passed since neoliberal globalization began to be implemented, and its highly uneven effects have given rise to a growing opposition. The present debate is not about the need to utilize international resources in the effort to enhance global development, but rather about the manner in which resources should be brought to bear on this project. Throughout the volume, contributors critically analyze whether free trade is the optimal path to development in the current global climate. Download flyer and Chapter 1

The United States Since 1980

NEW BOOK EXPLAINS RIGHT TURN IN U.S. POLITICS SINCE 1980 Economist Dean Baker Provides an Insightful Narrative of U.S. Economic and Political History

In his new book, The United States Since 1980 (Cambridge University Press), economist Dean Baker describes the sharp right turn the United States has taken since Ronald Reagan became president in 1980. Baker explains how Reagan's policies were a break from both the policies pursued by prior administrations and those pursued in other wealthy countries. They had the effect of redistributing both before- and after-tax income upward, so that the bulk of the economic gains over the last quarter century were directed to a small segment of the population.

The author's analysis explains how both political parties have largely come to accept the main tenets of Reaganism, putting the United States on an unsustainable path that is at odds with the rest of the world.

Publisher: Cambridge University Press
Available in hardback and paperback
ISBN-13: 9780521677554
Pages: 274

About the Author

Dean Baker is co-director of the Center for Economic and Policy Research in Washington, DC. He is the author of Social Security: The Phony Crisis (with Mark Weisbrot); The Benefits of Full Employment (with Jared Bernstein); Getting Prices Right: The Battle Over the Consumer Price Index; and The Conservative Nanny State: How the Wealthy Use the Government to Stay Rich and Get Richer. Baker is a frequent guest on TV and radio programs across the country. His blog, Beat the Press, features commentary on economic reporting. He received his Ph.D. in economics from the University of Michigan.

Center for Economic and Policy Research, 1611 Connecticut Ave, NW, Suite 400, Washington, DC 20009
Phone: (202) 293-5380, Fax: (202) 588-1356, Home:

Heterodox Graduate Program and PhD Scholarships

CASE&E Internship Program

The Center for the Applied Study of Economics & Environment (CASE&E) is sponsoring a paid summer internship program that will match economics graduate students with non-governmental organizations that work on environmental issues. The internships will be awarded for summer 2007. The ideal candidate will have at least an MA in economics, or have completed most of their coursework towards the Ph.D. in economics. Last year’s interns were placed at the International Rivers Network, The National Resource Defense Council, and Massachusetts Climate Action Network. You can learn more about them and their exciting internship projects at: For detailed information: CASE&E.doc

European Network on Industrial Policy (EUNIP)

European Network on Industrial Policy (EUNIP)/University of Limerick (UL) PhD Scholarship in Industrial Economics/Policy Evaluation.

As announced at the 9th EUNIP International Conference hosted by the Department of Economics, Kemmy Business School, University of Limerick, Ireland in June 2006, the University of Limerick will fund a Scholarship that will allow a student to study for a PhD in the area of Industrial Economics/Policy Evaluation. Check EUNIP.doc

The Seventh Cambridge Advanced Programme on Rethinking Development Economics

Hosted by
Development Studies Committee,
University of Cambridge
with support from the Ford Foundation

4 July – 21 July, 2007
Corpus Christi College, Cambridge, England

For detailed information: CAPORDE2007.doc


Heterodox Associations, Institutes, and Departments

Institutional and Behavioral Economics Section

 American Agricultural Economics Association

Welcome to the Institutional and Behavioral Economics Section (IBES) of the American Agricultural Economics Association.

 IBES Concept Paper


2006 Long Beach Meeting, July 23-26, "Envisioning the Future"

The IBES Track can be found by searching for "Behavioral" and "IBES" in the AAEA Program. See pictures of several presenters and participants at the 2006 meeting.

The annual Business Meeting was held on July 23, 2-4 p.m. Issues raised by Chair Stern to stir thinking about matters to be addressed at this meeting, and in keeping with the spirit of the overall theme for the AAEA meeting, included: What is the future of the institutional and behavioral economics (IBE) approach? What issues do we need to be addressing in the future? What can we do as a Section to make a better future? Where are the present and likely future frontiers in research, teaching and extension using the IBE approach? What other questions do we need to address in envisioning the future? The meeting was well attended, with lively discussion. See 2006 Meeting Agenda. Minutes will be posted soon.

 2005 Providence Meeting, July 24-27

IBES Track for 2005 included 4-organized symposia, 2 (plus 1-subject area)-selected paper sessions (for the first time, organized by the IBES Section, due to the IBES initiative asking for Sections to be enabled to organize their own selected paper sessions), and 1-free session.

The Business meeting was held on July 25 (See 2005 Minutes). See the 2005 Report to the AAEA Board.

 2004 Denver Meeting, August 1-4

Business meeting was held on Monday, August 2, at 5:30-6:30 p.m.  Main outcome:  A plan to move forward with the IBES Track for the 2005 AAEA meeting in Providence, Rhode Island. A call for proposals will be sent in mid-August: Watch your e-mail for it!  See 2004 Minutes. 2004 Framing (outline regarding codification of IBES, what we are about). 2004 Report to the AAEA Board. 2004 Election (report on the IBES election process).

IBES Track includes 3-symposiums and 1-free session: 

Towards a New Economics:  Honoring Kenneth Boulding's Contributions (by Gene Wunderlich)
        The Dark Side of Social Capital and the Ethics of Economic Rationality
        An Interdisciplinary Rethinking of Neoclassical Economics' Behavioral Assumptions...

Free Session:  
        Using Experimental Economic Methods to Examine Behavior

 2003 Montreal Meeting


IBES Track Session at the joint AAEA-RSS meeting

2002 Membership Meeting


IBES Listserv

To join the IBES listserve, send an e-mail to with the following message:

join IBES youremail@youremaildomain

To e-mail members of the IBES listserv, send your message to

 Please feel free to contact any member of the 2006-2007 Executive Committee with questions, comments:

Samuel Cordes, Chair ( )
Randall Westgren, Chair-elect
James Sterns, Past Chair
Gary Lynne, Secretary
Judith Stallmann, Member-at-Large
Paul Thompson, Member-at-Large


We are pleased to announce a new organization of progressive economists working on environmental issues: The Center for the Applied Study of Economics and the Environment (CASE&E).

We are economists troubled by environmental degradation and social injustice, by the wide and growing inequality of wealth and income in America and in the world, and by the harmful impacts of the globalized economy on the natural ecosystems that support human activity. In order to change what is wrong with the economy, we must change what is wrong with economics as it is currently taught and practiced. CASE&E promotes a vision of an engaged and realistic economics, in which an understanding of social equity and environmental protection cannot be separated.

We invite you to read our statement, Real People, Real Environments, and Realistic Economics, which outlines our critique of conventional economics and why a new progressive economics of the environment is necessary. We also encourage you to check out our online Green Economist Directory of economists willing to work with environmental organizations on either a paid or pro-bono basis. Please consider adding your name to the directory. Adding your name is a great way for you to connect with the real world policy issues going on in your community and it doesn’t commit you to anything.

Our statement and the directory, as well as information regarding our other projects and initiatives, can be found on our website:


The CASE&E Steering Committee:

Frank Ackerman      Astrid Scholz
Eban Goodstein      Kristen Sheeran
David Batker           James Boyce


Membership of the AHE runs for the year beginning January 1st to December 31st. Free membership is automatically conferred on those who paid for registration to the 2006 AHE annual conference; their membership expires in December 2007 unless they register for the 2007 conference which automatically triggers membership for the year beginning January 2008.
For those who did not register for the 2006 conference, the annual membership fee is £10. Please send a completed form, together with a cheque for £10 made out to ‘The Association for Heterodox Economics’, to Judith Mehta, School of Economics, University of East Anglia, Norwich NR4 7TJ. Please note that we do not have an on-line facility for payment, and that we can only accept payment in £sterling. Application Form


For Your Information

Tom Palley

This week's policy brief is titled "Abandoning America: Corporate Foreign Direct Investment"

It is posted on my website at

Please feel free to share it with others who may be interested in this subject.


Tom Palley
Economics for Democratic & Open Societies Project
Tel: 202-249-2317

Economists for Peace and Security



Economists for Peace and Security, formerly ECAAR, works to inform social scientists, citizens, journalists and policy-makers worldwide about the full costs of war and conflict, and to propose feasible alternative approaches to building international security.

Costs of the War

Agency Says Higher Casualty Total Was Posted in Error


Denise Grady in The New York Times


Shooting the Messenger


Scott Jaschik on Insider Higher Ed News Alert


What $1.2 Trillion Can Buy


David Leonhardt in The New York Times


SOLDIERS RETURNING FROM IRAQ AND AFGHANISTAN: The Long-term Costs of Providing Veterans Medical Care and Disability Benefits



Linda Bilmes, Harvard University
paper presented January 5 at AEA 2007, Chicago.
Panel Session1: Out How: The Economics of Ending Wars


The Battle of Iraq's Wounded


Linda Bilmes in The Los Angeles Times


Study: Number of wounded veterans could cripple VA


O'Ryan Johnson in The Boston Globe



Stiglitz, Bilmes and the full cost of the Iraq War


In October 2006 they released an update to that study, finding that the costs have risen even faster than they predicted, and their projection is now firmly on the $2 trillion-plus side.



Joseph Stiglitz and Linda Bilmes released a paper at an EPS session in January 2006, detailing their study and projection of the costs of the war in Iraq to the US economy. Their prediction at that time was that the total costs (if the US pulls out by 2010) would be between 1.2 and 2 trillion dollars.









February 2007 Electronic Newsletter


Economics of Peace & Security Journal


Economics of Peacemaking and Peacekeeping


New edition online now!



EPS Quarterly - March 2007

 The 4th Anniversary of the Iraq War Issue

America's Bleeding 'Cakewalk'


Cyrus Bina

Letter from the Director


Thea Harvey

Don't Go Into Iran, George


Niall Ferguson

The Battle for Iraq's Wounded


Linda Bilmes

Who Will Pay for This Puny Defense Budget?


Winslow T. Wheeler

Faslane Statement



Professor Sir Richard Jolly

The Cost of War to Occupied Countries



John Tepper Marlin

Falling Prices and Terrorism



William J. Baumol


Recommended Reading

The Year Bush's Economic Plan Fell off the Wall



Joseph Stiglitz in Taipei Times

What I've Learned



Kofi A. Annan in The Washington Post

The Dollar Melts as Iraq Burns



James K. Galbraith in The Guardian

The End of Ingenuity



Thomas Homer-Dixon in The New York Times

Trident is a Weapon of Mass Deception



Mary Riddell in The Observer (UK)

A Complete Fantasy
Nuclear deterrence worked during the cold war, but replacing Trident is an expensive nonsense



Roy Hattersley in The Guardian


A New Canadian Progressive Economics Blog

The Progressive Economics Forum (PEF) is Canada’s network of critical-thinking economists and others, dedicated to expanding the spectrum of economic debate. We have launched a new economics blog-site, titled Relentlessly Progressive Economics: 

Regular bloggers include several of Canada’s leading progressive economic commentators. Guest bloggers add to the range of opinion presented. The blog is “hosted” by Marc Lee of the Canadian Centre for Policy Alternatives (who is also the newly-elected chairperson of the PEF). Postings include both quick-response commentary on ongoing economic developments and economic policy debates, as well as more lasting commentaries on the economy and economics.

Published comments are welcomed on all postings (moderated for politeness). And there is a detailed archive and subject index, which makes the blog very useful for research and teaching purposes.

Anyone with an interest in Canadian economic debates should check it out regularly.

The Freakonomics of Tenure

For those heterodox economists in the United States—in case you have missed the discussion regarding tenure by freakonomics and company that appeared in the recent Chronicle of Higher Educations (which is similar to the Times Higher Education Supplement), see below. My comments on the debate are as follows: In the UK at the new universities where I worked in the 1990s there was no tenure as such. Rather the union oversaw working conditions so that no one could be arbitrarily fired/dismissed. So with union backed working rules, tenure was not needed. And a similar policy held at the old universities. However, such protection on the job does not exist at US colleges and universities—tenure takes its place. I guess that Levitt has never really experienced authoritarianism in the work place where the department head can bully and fire at will (or almost at will). The only kind of person who would want to strip American workers/professors of protection on the job is a person who would like to engage in bullying, sexual harassment, and other similar activities but is unable to do so easily because of tenure. Tenure is not only about protecting those with unorthodox ideas—it is also about providing protection on the job.

From "The Chronicle"

The ever-simmering question of whether the tenure system should be reformed recently lit up the blogosphere, ignited by an online essay from the (tenured) professor Steven D. Levitt, co-author of the publishing phenomenon Freakonomics: A Rogue Economist Explores the Hidden Side of Everything and the popular blog Freakonomics. When Levitt posted "Let's Just Get Rid of Tenure (Including Mine)" this month, proposing an end to tenure in economics, discussion erupted on his own blog and others.

Steven D. Levitt, University of Chicago: If there was ever a time when it made sense for economics professors to be given tenure, that time has surely passed. The same is likely true of other university disciplines, and probably even more true for high-school and elementary-school teachers.

What does tenure do? It distorts people's effort so that they face strong incentives early in their career (and presumably work very hard early on as a consequence) and very weak incentives forever after (and presumably work much less hard on average as a consequence). ...

The idea that tenure protects scholars who are doing politically unpopular work strikes me as ludicrous. While I can imagine a situation where this issue might rarely arise, I am hard pressed to think of actual cases where it has been relevant. Tenure does an outstanding job of protecting scholars who do no work or terrible work, but is there anything in economics which is high quality but so controversial it would lead to a scholar being fired? Anyway, that is what markets are for. If one institution fires an academic primarily because they don't like his or her politics or approach, there will be other schools happy to make the hire. (Freakonomics Blog)

N. Gregory Mankiw, Harvard University: I am not surprised that Steve, as a winner of the John Bates Clark award, places a relatively low monetary value on job security (well under 10 percent of his salary). My guess is that a more typical faculty member would place a larger monetary value on having tenure. If so, universities may well be better off by paying lower salaries to tenured faculty, despite the adverse incentive effects, than paying higher salaries to professors without tenure. In other words, Steve thinks the competitive market for professors is resulting in inefficient contracts, while I believe that, absent any reason for market failure, the labor contracts we observe are likely to be efficient. (We Harvard profs always have to remind those Chicago guys that competitive markets work pretty well.)

One question that Steve does not address is how department hiring would work in a world without tenure. Now, senior hiring is done by existing senior faculty. If those faculty members could start firing one another, the political dynamics of hiring would become complicated and probably untenable. A university without tenure would likely have to move toward a more hierarchical system with a "boss" in charge of hiring and other major decisions. (Greg Mankiw's Blog)

E. Frank Stephenson, Berry College: I probably value tenure less than most faculty members, but I'm not as dismissive as Levitt. To me (as with Mankiw's concern about faculty hiring), tenure solves a principal-agent problem. Berry College asks me to do lots of things that have little or no value in the labor market; for example, this past weekend I participated in an event for prospective students. In a world without tenure in which I could be dismissed, I'd be much less likely to do things that are valuable to Berry College but not valued in the labor market. Instead, I'd spend much more time on research to maintain my market value. (Division of Labour)

Daniel J. Solove, George Washington University: Levitt's argument seems to rest upon the assumption that faculty politics will be relatively rational. But that's often far from the case. Perhaps he is right that there may not be a danger of being terminated for saying unpopular viewpoints. But the danger is in the petty things. Professors may be terminated because others don't like what they say at faculty meetings or how they vote on hiring and tenure decisions. They may be terminated for petty interschool or interdepartmental politics. All this said, however, there is a lot to be said for having some mechanism to ensure that faculty members remain productive. (Concurring Opinions)

Todd Cherry, Appalachian State University: Knowledge is a public good, and the generation of this knowledge benefits greatly from an open and unbiased environment. It is vital for researchers to be risk-takers and question conventional wisdom. Tenure is one element that fosters such an environment and such behavior. Without tenure, debate would be repressed. Growth in knowledge would be slowed. Gains for society would be delayed, if not forgone. (InnovationOnline)

Kevin Carey, Education Sector: Levitt is too dismissive in saying that someone who gets unfairly fired can just go back into the job market and find another job elsewhere. Most professors don't have the juice that comes with being a best-selling author and frequent contributor to The New York Times Magazine, etc. But as with any policy, there's a basic utilitarian standard that has to be addressed here. Tenure has benefits and costs. Levitt is saying the former outweigh the latter. (The Quick and the Ed)

D.A. Jeremy Telman, Valparaiso Law School: I'm puzzled as to why Levitt thinks that "really good people" will demand only "very small salary increases" to compensate for the lack of tenure. Tenure is one of the main advantages that draws people into the academy who might otherwise make multiples of academic salaries in the private sector.

Levitt's argument (which is rather humdrum coming as it does from a genius) also ignores incentives and morale issues. Especially in the humanities, one only gets a tenure-track job by devoting six to 10 years to a book-length project that qualifies one to teach at a university and nothing else. Take away tenure, and only the independently wealthy (and the wholly irrational) would remain in the pool. (Concurring Opinions)