Issue 43: May 11, 2007

From the Editor

The issue of the Newsletter is full of interesting things. There are a number of new calls for papers and a whole host of conferences and seminars to attend. I would like to call your attention specifically to the ICAPE Conference – Economics Pluralism for the 21st Century and to the AHE Conference – Pluralism in Action. Both conferences will be very interesting and the papers being presented look to be very, very good. I encourage people to attend the conferences just to hear the papers and to engage in stimulating conversations. There are a number of new job postings for heterodox economists as well as links to interesting papers—check out the Society of Heterodox Economists working papers series. You might even want to submit a paper to the series. In addition, there are a number of PhD scholarships being advertised—so if you have any potential students that would like to go to graduate school please tell them about the scholarships. Under Heterodox Economics Archives Materials there are links to a brief history of the Post Keynesian Economics Study Group and a complete run of its Newsletter. Finally the Association for Social Economics has established the Warren Samuels Prize awarded to a paper being presented at the ASSA meetings. In addition, there is the ASE Williams Waters Research Grant for faculty members below the rank of associate professor and for graduate students. Information about the prize and the grant is found in the FYI section. The ASE has one other program that is designed to build its membership—that is offering a one-year free membership which includes a free subscription to the Review of Social Economy. To obtain the free membership you need to contact an ASE member whom you know and talk to her/him about your interest in social economics.

Fred Lee

In this issue:
  Call for Papers
  - How Class Works- 2008
- Macroeconomic Issues in South Eastern Europe
- An Exchange Views on Labour: Histories and Theories
- First Annual Winter School and Postgraduate Workshop
- Seventy years of The Black Jacobins
- Finance-led capitalism? Macroeconomic effects of changes in the financial sector
- JSPE 55th Annual Conference- 2007
  Conferences, Seminars and Lectures
  - Economic Pluralism for the 21st Century
- Association for Heterodox Economics Conference
- SCEME Workshop Reminder
- Inflation Targeting, Employment Creation, & Economic Development: A Panel Discussion and Workshop
- The Determinants of Investment in R&D: International and UK Evidence
- The movement for the Social/Solidarity Economy
- UK Social Network Conference
- Developments in Economic Theory and Policy
- History of Science' Workshop
- Post Keynesian Economics Study Group
- Social Policy, Economic Development and Income Inequality
- Progressive Economic Forum at the CEA 2007
  Job Postings for Heterodox Economists
  - Athabasca University
- Radboud University Nijmegen
- University of Vermont
- St. Francis Xavier University
- Gettysburg College
  Heterodox Conference Papers and Reports and Articles
  - Society of Heterodox Economists Papers
- "US, IRAN AND ISRAEL: WHAT'S AHEAD?"
- Relevance of ‘Policy Space’ for Development: Implications for Multilateral Trade Negotiations
- No Fast Track to Global Poverty Reduction
- Toward a Synthesis in Post-Keynesian Economics in Luigi Pasinetti’s Contribution
  Heterodox Journals and Newsletters
  - Oeconomicus
- International Review of Applied Economics
- International Journal of Political Economy
- Levy News
- Journal of Post Keynesian Economics
- Historical Materialism: Research in Critical Marxist Theory
- Financialism - Associative Economics Bulletin
- PERI in Focus Spring 2007
- International Journal of Green Economics
- Feminist Economics
- Revista de Economía Institucional
  Heterodox Books, Book Series, and Book Reviews
  - Global Finance in the New Century: Beyond Deregulation
- Macroeconomics in Context
- Routledge Economics as Social Theory Series
- John Maynard Keynes and International Relations: Economic Paths to War and Peace
- A large and liberal education”: higher education for the 21st century
- Money, Distribution and Economic Policy - Alternatives to Orthodox Macroeconomics
- Exploring Marx's Capital
- Religion and Economic Justice
  Heterodox Graduate Program and PhD Scholarships
  - The Institute for Social Change
- Macroeconomic Problems of Environmental Sustainability: A Suitable Case for Modelling?
  Heterodox Economics Archive Materials
  - Documents in the History of Heterodox Economics
  Heterodox Websites
  - Forschungsnetzwerk Makropolitik/ Research Network Macroeconomic Policies
  For Your Information
  - Korea-US Free Trade Agreement
- The 13th Global Development Course
- The New York Union Semester Program
- Warren Samuels Prize
- William R. Waters Research Grant
   

Call for Papers

How Class Works- 2008

A Conference at SUNY Stony Brook
June 5-7, 2008

The Center for Study of Working Class Life is pleased to announce the How Class Works – 2008 Conference, to be held at the State University of New York at Stony Brook, June 5 - 7, 2008. Proposals for papers, presentations, and sessions are welcome until December 17, 2007 according to the guidelines below. For more information, visit our Web site at www.workingclass.sunysb.edu.

Purpose and orientation: The conference seeks to explore ways in which an explicit recognition of class helps to understand the social world in which we live, and ways in which analysis of society can deepen our understanding of class as a social relationship. Presentations should take as their point of reference the lived experience of class; proposed theoretical contributions should be rooted in and illuminate social realities. Presentations are welcome from people outside academic life when they sum up social experience in a way that contributes to the themes of the conference. Formal papers will be welcome but are not required. All presentations should be accessible to an interdisciplinary audience.

Conference themes: The conference welcomes proposals for presentations that advance our understanding of any of the following themes.

The mosaic of class, race, and gender. To explore how class shapes racial, gender, and ethnic experience and how different racial, gender, and ethnic experiences within various classes shape the meaning of class. Special focus: the legacy of Theodore W. Allen’s work on the invention of the white race and its implications in the new racial and ethnic mix of 21st century U.S. society.

Class, power, and social structure. To explore the social content of working, middle, and capitalist classes in terms of various aspects of power; to explore ways in which class and structures of power interact, at the workplace and in the broader society.

Class and community. To explore ways in which class operates outside the workplace in the communities where people of various classes live.

Class in a global economy. To explore how class identity and class dynamics are influenced by globalization, including experience of cross-border organizing, capitalist class dynamics, international labor standards.

Middle class? Working class? What's the difference and why does it matter? To explore the claim that the U.S. is a middle class society and contrast it with the notion that the working class is the majority; to explore the relationships between the middle class and the working class, and between the middle class and the capitalist class.

Class, public policy, and electoral politics. To explore how class affects public policy, with special attention to health care, the criminal justice system, labor law, poverty, tax and other economic policy, housing, and education; to explore the place of electoral politics in the arrangement of class forces on policy matters. Special focus: class, health, and health care.

Class and culture: To explore ways in which culture transmits and transforms class dynamics.

Pedagogy of class. To explore techniques and materials useful for teaching about class, at K-12 levels, in college and university courses, and in labor studies and adult education courses.

How to submit proposals for How Class Works – 2008 Conference

Proposals for presentations must include the following information: a) title; b) which of the eight conference themes will be addressed; c) a maximum 250 word summary of the main points, methodology, and slice of experience that will be summed up; d) relevant personal information indicating institutional affiliation (if any) and what training or experience the presenter brings to the proposal; e) presenter's name, address, telephone, fax, and e-mail address. A person may present in at most two conference sessions. To allow time for discussion, sessions will be limited to three twenty-minute or four fifteen-minute principal presentations. Sessions will not include official discussants. Proposals for poster sessions are welcome. Presentations may be assigned to a poster session.

Proposals for sessions are welcome. A single session proposal must include proposal information for all presentations expected to be part of it, as detailed above, with some indication of willingness to participate from each proposed session member.

Submit proposals as hard copy by mail to the How Class Works - 2008 Conference, Center for Study of Working Class Life, Department of Economics, SUNY, Stony Brook, NY 11794-4384 or as an e-mail attachment to <michael.zweig@stonybrook.edu>.

Timetable: Proposals must be received by December 17, 2007. Notifications will be mailed on January 16, 2008. The conference will be at SUNY Stony Brook June 5- 7, 2008. Conference registration and housing reservations will be possible after February 15, 2008. Details and updates will be posted at http://www.workingclass.sunysb.edu.

Conference coordinator:
Michael Zweig
Director, Center for Study of Working Class Life
Department of Economics
State University of New York
Stony Brook, NY 11794-4384
631.632.7536
michael.zweig@stonybrook.edu

Macroeconomic Issues in South Eastern Europe

October 20-21, 2007
South-East European Research Centre (SEERC), University of Sheffield and City Liberal Studies, Thessaloniki, Greece.

Primarily, this event purports to further stimulate the already raging economic debate in South Eastern Europe (SEE) on issues such as:

Economic Policy,
Institutional change,
Financial Restructuring,
Economic Development,
Foreign Direct Investment,
Macroeconomic Performance,
Exchange Rate Regimes, etc.

Papers presented in the workshop will be included in a special issue of the International Journal of Economics.

Submission
Papers should be submitted by e-mail to c.alexiou@city.academic.gr  by July 31, 2007. Decisions of acceptance or rejection by the selection committee will be announced no later than August 20, 2007.
English will be the command language.

Logistics
Further logistical details will be made available in due course on http://www.city.academic.gr/staff/profile.asp?Id=109

For further enquires contact:

Dr. Constantinos Alexiou
c.alexiou@city.academic.gr
or
Mr. George Anastasiadis
ganastasiadis@city.academic.gr

An Exchange Views on Labour: Histories and Theories

LEO (Laboratoire d’Economie d’Orléans) , laboratory associated with the CNRS (UMR CNRS n° 6221), organizes in Orléans from December 13th to the 15 th, 2007, the International Conference: "An Exchange Views on Labour: Histories and Theories"
As part of the Biennial International Conference of the Charles Gide Association for the Study of Economic Thought (ACGEPE), whose organization was entrusted, by its Board of Directors, to Christophe Lavialle, director of the team “Labour, Employment, Organization and Knowledge” of LEO. This conference usually brings together approximately 150 specialists in History of Economic Thought and Epistemology, French and foreign.
All the sessions of the conference (plenary meetings and workshops) will take place in Orléans, on the campus of Orléans-La Source, in building Sully of the Faculty of Law, Economics and Business. For detailed information: CfP.doc

First Annual Winter School and Postgraduate Workshop

The Centre of Full Employment and Equity (University of Newcastle) and the Society of Heterodox Economists (UNSW) are pleased to announce the First Annual Winter School and Postgraduate Workshop for heterodox scholars to be held on Wednesday, July 4 to Friday, July 6, 2007 (which is the common week for Australian Universities). This year's event will be in Sydney at the UNSW campus.

Places are limited so early birds will benefit.

Full details are available from http://e1.newcastle.edu.au/coffee/

Seventy years of The Black Jacobins

Conference to be held at the Institute of Historical Research, London, Saturday 2 February 2008.
Throughout many of the events organised in Britain to commemorate the bicentenary of the British abolition of the slave trade, one voice has been missing: that of the rebellious slaves themselves, in particular those of St. Domingue/Haiti, the authors of the only successful slave revolt in history, and the people who did more than Wilberforce or anyone else to bring the slave system to an end.

2008 will mark the seventieth anniversary of the publication of The Black Jacobins, CLR James's classic history of the Haitian Revolution. The London Socialist Historians Group and the Institute of Historical Research will commemorate this anniversary with a one day conference.

Keynote speakers confirmed so far include Darcus Howe, Selma James, Bill Schwarz, editor of West Indian Intellectuals in Britain and Marika Sherwood, author of After Abolition: Britain and the Slave Trade Since 1807.

Papers will be considered on any aspect relating to The Black Jacobins and its legacy, but suggested topics that might be addressed include:

i) The making of The Black Jacobins: CLR James's life: his personal biography, the impact of his time in Trinidad, in Nelson, London and Paris on the writing of the work.
ii) The Black Jacobins itself as a masterpiece of historical writing and the intellectual influences on James which made the work not only a Marxist classic but an epic ‘grand narrative’ which overthrew the existing interpretations of slavery and its abolition.
iii) The intellectual inspiration of The Black Jacobins for historians, and the impact of the work on historical literature in Europe, America, Africa and the Caribbean.
iv) The intellectual inspiration of The Black Jacobins for activists and the impact of the work on those involved in liberation struggles in Europe, America, Africa and the Caribbean.
v) The Haitian Revolution itself; its impact on the wider struggle against colonial slavery and in particular its impact on the anti-slavery campaign in Britain.
vi) The legacy of Toussaint L'Ouverture as a revolutionary leader.

For further information or to send abstracts of papers (up to 1,000 words) until 1 October 2007: Christian Hogsbjerg (cjhogsbjerg@hotmail.com ) or David Renton (david.renton@sunderland.ac.uk )

www.londonsocialisthistorians.org

Finance-led capitalism? Macroeconomic effects of changes in the financial sector

The Research Network Macroeconomic Policies organises its 11th conference on
‚Finance-led capitalism? Macroeconomic effects of changes in the financial sector’
26 – 27 October 2007, in Berlin.
The submission of papers in the following areas is encouraged:
• Finance-led accumulation regimes? Theory and empirics
• Empirical studies on changes in the financial sector
• Financialisation and distribution
• Global imbalances
• Asset markets and monetary policy
• Financial structure and economic growth
• Financialisation and Post-Keynesian modelling of distribution and growth
• Financial stability and financial crises
• Financial aspects of demographic change
For the open part of the conference the submission of papers or sessions (3 papers) on the general subject of the Research Network is encouraged as well. We are also looking for submissions of papers for graduate student sessions, on the specific subject of this conference or on the general subject of the Research Network.
Conference languages: English and German (no translation)
The deadline for paper proposals is 31 July 2007. Please send an abstract (one page) to: Eckhard Hein (eckhard-hein@boeckler.de).
Decisions will be made until early September.
The Research Network is organised by: Dr. Sebastian Dullien (FTD, Berlin), Prof. Dr. Trevor Evans (FHW Berlin), Dr. Jochen Hartwig (KOF/ETH Zürich), PD Dr. Eckhard Hein (IMK, Düsseldorf), Prof. Dr. Hansjörg Herr (FHW Berlin), Prof. Dr. Jan Priewe (FHTW Berlin), Prof. Dr. Peter Spahn (Universität Hohenheim), Dr. Engelbert Stockhammer (Wirtschaftsuniversität Wien), Prof. Dr. Claus Thomasberger (FHTW Berlin) and Dr. Achim Truger (IMK, Düsseldorf) with financial support from the Hans Boeckler Foundation.

Top

Conferences, Seminars and Lectures

Economic Pluralism for the 21st Century

The International Confederation of Associations for Pluralism in Economics (ICAPE) announces its second international conference:
Economic Pluralism for the 21st Century
June 1-3, 2007
University of Utah (Salt Lake City, Utah, USA)

Conference schedule
Overview
Preliminary program -- Final version to be posted soon
Registration -- May 28!
Lodging and Travel Information
Conference co-sponsors

Further information
For further information about the conference or about ICAPE itself, please contact Rob Garnett (r.garnett@tcu.edu) or other members of the conference organizing committee:
Al Campbell (al@economics.utah.edu)
Wilfred Dolfsma (Dolfsma@nias.knaw.nl)
Edward Fullbrook (edward.fullbrook@btinternet.com)
Neva Goodwin (neva.goodwin@tufts.edu)
John Henry (henryjf@umkc.edu)
Mary King (kingm@pdx.edu)
Fred Lee (leefs@umkc.edu)
Ed McNertney (e.mcnertney@tcu.edu)
Judith Mehta (judith.mehta@ntlworld.com)
Erik Olsen (olsenek@umkc.edu)
Martha Starr (mstarr@american.edu)

Association for Heterodox Economics Conference

Association for Heterodox Economics Conference

13-15 July, 2007

Pluralism in Action

The Association for Heterodox Economics is a learned society which promotes economics and economists from so-called heterodox schools of thought. The conference provides a forum for economists of a pluralist view to explore areas of interest to them in a sympathetic environment.

Past conferences of the Association have focused on particular themes and more recently the dominant concern has been with promoting pluralism. This year's conference appealed for contributions which display pluralism in action. By that is meant a number of different possibilities. Papers may be pluralist in themselves; or sessions may be, promoting debate between or within theoretical perspectives on specific areas of interest.

The conference will comprise sessions which present papers that demonstrate the conference theme plus two small streams on other specialist topics. All sessions are 90 minutes long and most comprise two papers. This design means that in contrast to many conferences, speakers get extended time to present their work.

SCEME Workshop Reminder

This is a reminder that the final day for registering for the SCEME workshop on 'Economics as a Moral Science' on Saturday 19 May is this Saturday, 5 May. For the programme (the order of which will change slightly), registration form and further details, please see www.sceme.stir.ac.uk/events.htm

Inflation Targeting, Employment Creation, & Economic Development: A Panel Discussion and Workshop

May 18, 2007, Washington, DC

This event is free and open to the public, but please RSVP to jbaker@new-rules.org

Thematic Issues & Country Studies

at the Economic Policy Institute
1333 H St. NW, Suite 300, Washington, DC

Co-Sponsored by the Political Economy Research Institute (University of Massachusetts, Amherst) and the New Rules for Global Finance Coalition

Session I: Argentina, Brazil, Mexico
Session II: South Africa, Turkey, Philippines
Session III: Inflation, Gender Impacts & Theoretical Frameworks
Session IV: General Discussion and Next Steps

Presenters include:
Nelson Barbosa-Filho, Secretary of Economic Monitoring at the Brazilian Ministry of Finance
Elissa Braunstein, Colorado State University, Fort Collins, Colorado
Jose A. Cordero, Mt. Holyoke College, South Hadley, Massachusetts
Gerald Epstein, Department of Economics and Political Economy Research Institute, University of Massachusetts, Amherst
Roberto Frenkel, Center for Studies on State & Society (CEDES), Beunos Aires, Argentina
Luis Miguel Galindo, National Autonomous University of Mexico, Mexico City, Mexico
James Heintz, Political Economy Research Institute, University of Massachusetts, Amherst
Joseph Lim, Ateneo de Manila University, Manila, Philippines
Robert Pollin, Department of Economics and Political Economy Research Institute, University of Massachusetts, Amherst
Martin Rapetti, University of Massachusetts, Amherst
Jaime Ros, University of Notre Dame, Indiana
Ebru Voyvoda, Middle East Technical University, Ankara, Turkey
Erinc Yeldan, Bilkent University, Ankara, Turkey
Andong Zhu, Tsinghua University, Beijing, China

For more information, including details on a panel discussion on May 17, please click here to go to the conference website.

http://www.peri.umass.edu/Event.326.0.html?&no_cache=1&tx_calendar_pi1%5bf1%5d=265

The Determinants of Investment in R&D: International and UK Evidence

A Half Day Workshop
Date: Thursday, May 24th 2007
Venue: NIESR, 2 Dean Trench Street, London SW1P 3HE
Time: 1.30- 5.30 pm

If you would like to register free, please send e-mail  to k.kellawan@niesr.ac.uk or call 0207 654 1931.

THE DETERMINANTS OF INVESTMENT IN R&D: INTERNATIONAL AND UK EVIDENCE
National Institute of Economic and Social Research 24th May 2007
The workshop is in connection with the publication of the report ‘The Determinants of Investment in Industrial Research and Development in the United Kingdom and in Germany’, by Michela Vecchi, Ray Barrell, Bettina Becker, Jens Schmidt-Ehmcke and Andreas Stephan, published by the Anglo-German foundation.
Programme
1:30: Registration and coffee
Session 1: Determinants of investment in R&D: the industry perspective
2:00-2:15: Introduction,
Dr Ray Cunningham (Director AGF)

2:15 – 2:45: “The determinants of investments in industrial R&D in the UK and in Germany”,
Dr Michela Vecchi (Visiting Fellow NIESR)

2:45 -3:15: “Innovation, knowledge spillovers and skills”,
Geoff Mason and Brigid O’Leary (Senior Research Fellow and Research Officer, NIESR)
3:15– 3:30: Coffee
Session 2: R&D at the firm level
3:30 – 3.45: Introduction,
Ray Barrell (Senior Research Fellow, NIESR)

3:45 – 4:15: “R&D and productivity in the UK: what can firm level data tell us?”
Dr Mark Rogers (Economic Fellow, Harris Manchester College, Oxford University)

4:15 – 4:45: “R&D expenditure of firms over the business cycle: evidence for Germany”,
Prof. Andreas Stephan (DIW and Europa Universität Viadrina)

4:45 - 5:15: “Policies to promote R&D in Europe and in the UK”
Mark Beatson (Director of SIA, Department of Trade and Industry).
5:15 – 5:30: Discussion
5:30 – 6:00: Refreshments

The movement for the Social/Solidarity Economy

~ June 27-30, 2007 Atlanta, GA ~

The first [ http://www.ussf2007.org/ ]U.S. Social Forum (ussf2007.org) will be held in Atlanta and will bring together twenty thousand activists, organizers, educators, and other fellow travelers who are united in their opposition to the current, dominant model of globalization from above (neoliberalism) and in their belief that 'another world is possible.'
~
In the spirit of building that 'other world,' we would like to invite you to join us at the US Social Forum to explore Economic Alternatives & the Social/Solidarity Economy (SSE). Various terms have been used to characterize current economic alternatives in the U.S., such as cooperative economy, green, high road, local, social economy, socially responsible, and solidarity economy. ~While our planned activities at the US Social Forum embrace all of these, we have chosen to call them "Economic Alternatives & the Social/Solidarity Economy (SSE)" both for simplicity and because the latter terms are widely used in the rest of the world.
~
We understand the Social Economy and the Solidarity Economy as having different definitions in different circles, regions, and countries. The Social Economy, as generally defined in the European Union and Canada, refers to enterprises that have social aims at the core of their mission - for example, cooperatives, mutuals, associations and foundations. The Solidarity Economy is generally much broader and constitutes an alternative economic model to neoliberal capitalism, one which is grounded on solidarity and cooperation, rather than the pursuit of narrow, individual self-interest, and that promotes economic democracy, alternative models of local economic governance, equity and sustainability rather than the unfettered rule of the market.
~
Here's what we're proposing:
~
June 27, 9:00-2:00 (Opening event is tentatively scheduled to start at 3:00)~ Social/Solidarity Economy Caucus _ This is an opportunity to meet other folks who are working to build the Social/Solidarity Economy; and move towards a common base of knowledge, analysis, language & definitions. In the interest of being able to stay focused and make headway in our discussions, we decided that this caucus would be by invite only. Please contact Julie Matthaei ([ mailto:jmatthaei@wellesley.edu
]jmatthaei@wellesley.edu) if you are interested in participating in this caucus.
~
June 28-30: (workshops/activities days at the U.S. Social Forum) Workshops/activities _ We are organizing a strong bloc of workshops/activities on Economic Alternatives & the Social/Solidarity Economy for these three days. We are putting together workshop/activities on key aspects of the SSE. In addition, we encourage you to independently submit workshop/activity proposals that would fit under the Economic Alternatives/SSE umbrella. We will identify and publicize our bloc so that we can attend each others_ workshops, as well as raising its~visibility to~the general public. The US Social Forum strongly encourages cross-organizational workshops and we can help to coordinate such collaborations.
~
June 30, afternoon or evening:
SSE Caucus: Organizations participating in the caucus will reconvene in the afternoon or evening of the last day of workshops to discuss Strategies & Next Steps~so that we come away with concrete strategies and actions to support one another and work together to grow the SSE.
~
We hope that you will join us in building a movement for 'another world.'
Please let us know if you are interested in attending the SSE caucus, organizing a SSE workshop/activity, or otherwise getting involved by emailing one of us. We have set up a listserve to stay in touch by email, as well as an electronic library so that we can share documents about the SSE. This is a work in progress, and we welcome your input and participation.
~
Emily Kawano, Center for Popular Economics, [ mailto:emily@populareconomics.org ]emily@populareconomics.org Dan Swinney, Center for Labor and Community Research, [ mailto:dswinney@clcr.org ]dswinney@clcr.org Melissa Hoover, U.S. Federation of Worker Cooperatives, info@usworker.coop Julie Matthaei, Wellesley College, [ mailto:jmatthaei@wellesley.edu ]jmatthaei@wellesley.edu Ethan Miller, Grassroots Economic Organizing, [ mailto:ethanmiller@riseup.net ]ethanmiller@riseup.net Gianpaolo Baiocchi, Univ. of Massachusetts~ Jessica Gordon-Nembhard, Democracy Collaborative Gar Alperovitz, Democracy Collaborative

UK Social Network Conference

This year, the honour of hosting the UK Social Network Conference falls to the School of Business and Management, at Queen Mary, University of London. The Conference will take place on Friday 13th and Saturday 14th July. Information regarding submission and registration deadlines, keynote speakers and other details can be found at: http://www.busman.qmul.ac.uk/networks.  The Conference is deliberately ‘open’ and is designed to bring together scholars from a wide range of disciplines to discuss developments in social network analysis and empirical applications.

Developments in Economic Theory and Policy

The Department of Applied Economics V of the University of the Basque Country and the Cambridge Centre for Economic and Public Policy, Department of Land Economy, of the University of Cambridge are organizing the 4th International Conference “Developments in Economic Theory and Policy”. The Conference will be held in Bilbao (Spain), in July 5-6, 2007, at the Faculty of Economics and Business of the University of the Basque Country.

Five Special Sessions will take place devoted to the following subjects of: Privatization, Fiscal Policy, Economic Growth, Housing and the Macroeconomy and Economic policy. In these Special Session relevant economists from different Spanish, European and North and Latin America Universities will participate as invited speakers.

Though papers are invited on all areas of economics, papers on the following topics are especially welcome:
- privatization,
- fiscal policy,
- productivity and growth,
- housing,
- economic policy,
- immigration and social security,
- institutions.

Papers must be written in English. Accepted papers will be grouped in sessions. Every session will comprise three-four papers.

Suggestions for ‘Organized Sessions’ are also welcome. An organized session is one devoted to a specific subject constructed in its entirety by a session organizer and submitted to the Conference Organizers as a complete package (title of the session, papers, authors and session chair).

The final deadline to submit papers and ‘organized sessions’ is May 31, 2007. Acceptance letters will be sent out by e-mail before June 8, 2007.

For more information, you can contact with Jesus Ferreiro (jesus.ferreiro@ehu.es) or visit the website www.conferencedevelopments.com

History of Science' Workshop

Please find attached the program for the next Cachan-Amsterdam History of Economics as History of Science' Workshop.

Spring Workshop, Friday, 15 June 2007
�cole normale sup�rieure de Cachan

Margaret Schabas (University of British Columbia) Nature does nothing in vain: economics and the natural

Harald Hagemann (Universit�t Hohenheim) German-speaking economists in British exile, 1933-1945

Judy Klein (Mary Baldwin College)
Recursive optimization and rules of action for war:
Mass�'s jeu des r�servoirs and Arrow, Harris, and Marschak's optimal inventory policy

Philip Mirowski (University of Notre Dame) The failure of postwar attempts to integrate an "economics of information" into neoclassical microtheory

Tiago Mata (Universidade T�cnica de Lisboa) Hybrids - Debating the identities of public intellectuals in the 1970s

For further information, you may visit:
http://economix.u-paris10.fr/fr/activites/ws/?id=34


Post Keynesian Economics Study Group

New Perspectives on Keynes’s General Theory

Friday 25 May 2007
Homerton College, Hills Road, Cambridge CB2 8PH
www.homerton.cam.ac.uk (01223) 507111

Programme

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 cambridge@postkeynesian.net 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.

Directions:

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 http://www.homerton.cam.ac.uk/pdf/homerton.pdf  ), or ask at Porter’s Lodge.

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

Social Policy, Economic Development and Income Inequality

The Institute for the Study of the Americas of the University of London would like to invite you to the international conference “Social Policy, Economic Development and Income Inequality: Latin America in Comparative Perspective”. Drawing on insights from the ‘Varieties of Capitalism’ and welfare regimes literature in developed countries, the conference will explore the interrelations between economic activity and social policy in Latin America, and its impact on income inequality in the global era.

Day: 31 May – 1 June, from 9:30 to 5:30
Venue: Institute of Advanced Legal Studies (IALS)
University of London, 17 Russell Square London WC1B 5DR

For further details and registration, go to http://americas.sas.ac.uk/events/SocialPolicy07.php 

Progressive Economic Forum at the CEA 2007

Canadian Economic Association meetings at Dalhousie University in Halifax, June 1-3, 2007. Jamie Galbraith will be present to inaugurate the John Kenneth Galbraith Prize in Economics on the morning of Sunday, June 3 in the Ondaatji Auditorium in the McCain Arts and Social Science Building. The event is open to the public.

Friday June 1

10:30
Session: Topics in Emerging Markets
Organizer: Mathieu Dufour

Mathieu Dufour, University of Massachusetts at Amherst
Sripad Motiram, Vamsi Vakhulabaranam
Dalhousie University, Queens College
Armagan Gezici, University of Massachusetts at Amherst
Cihan Yalcin, Central Bank of the Republic of Turkey

14:00
Session: Taxation and Social Democracy
Organizer: Erin Weir

Erin Weir, Canadian Labour Congress
Andrew Jackson, Canadian Labour Congress
Stephen Gordon, Université Laval
Marion Steele, University of Guelph


16:00
Panel: Prospects for the Atlantic Regional Economy
Organizer: David Pringle

David Pringle, Michael Bradfield, Dalhousie University
David Chaundy, Atlantic Provinces Economic Council
Douglas May, Memorial University of Newfoundland
Pierre-Marcel Desjardins, Université de Moncton

Saturday, June 2

10:30
Session: Interdisciplinary Approaches to Economic Issues
Organizer: John Smithin

Heiner Gannsmann, Free University of Berlin
Brenda Spotton Visano, York University
John Smithin, York University
Nick Falvo, Street Health


12:00
PEF Annual General Meeting
Marc Lee, David Pringle


16:00
Session: The State and the Economy: New Directions?
Organizer: Fletcher Baragar

Fletcher Baragar, Robert Chernomas, University of Manitoba
Marc Lee, Canadian Centre for Policy Alternatives - British Columbia
John Loxley, University of Manitoba
Jesse Hajer, University of Manitoba


Sunday June 3

8:30
Panel: Inequality
Organizer: Ellen Russell, CCPA

Ellen Russell, Mathieu Dufour, Canadian Centre for Policy Alternatives, University of Massachusetts at Amherst
James Galbraith, University of Texas at Austin
Armine Yalnizyan, Community Social Planning Council of Toronto


10:30
Inaugural John Kenneth Galbraith Lecture in Economics

James Galbraith
University of Texas at Austin

12:00
Post-Lecture Reception

JSPE 55th Annual Conference- 2007

How Do We Consider “Society with Increasing Inequality”?
To be held on October 20-21, 2007, at Yokohama National University, Yokohama

The 55th annual conference of the JAPAN SOCIETY OF POLITICAL ECONOMY (JSPE) will be held on October 20 (Saturday) and 21 (Sunday), 2007, at Yokohama National University, Yokohama. As stated above, the theme of the plenary session in this conference will be: How do we consider “society with increasing inequality”? With this theme, we intend to analyse what are the essential elements of our “society with increasing inequality” and what are main factors to cause inequality, and we try to propose policies to solve the problem of our society. For detailed information: JSPE 2007 Conference Call for papers.pdf

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Job Postings for Heterodox Economists

Athabasca University

Athabasca University in Alberta Canada is now accepting applications for the following position:

Assistant Professor, Labour Relations
Centre for Work and Community Studies

The advertisement can be found at:

http://www1.athabascau.ca/hr/careers/jobs

Applications will be accepted by e-mail only. Please ensure that you quote the competition number when applying for this position.


Radboud University Nijmegen

Assistant Professor of Economics (History and Philosophy of Economics) (1fte)

Nijmegen School of Management, Radboud University Nijmegen
Maximum salary: ¤4.761,- gross/month
Vacancy number: 27.05.07
Closing date: 05-05-2007

Job Description
The chair of Economic Theory and Policy of the Radboud University Nijmegen has room for an Assistant Professor of Economics (History and Philosophy of Economics). We are looking for a researcher who is interested in contributing to teaching and research in the field of History and Philosophy of Economics. Teaching duties include courses at Bachelor- and Master level and the supervision of Bachelor and Master-theses. The candidate will specifically be responsible for the course History and Philosophy of Economics, as well as general economics courses within the educational program of the Economics department. The multi-disciplinary character of the Nijmegen School of Management allows the candidate to cooperate with researchers in the fields of political science, public administration, and business studies. Research activities should result in publications in leading international journals. Supervision of PhD students, acquisition of research funds, and initiating new research projects are important elements of the job.

Profile
The applicant should hold a Masters degree in Economics, with a specialization in History and/or Philosophy of Economics. Candidates should have their PhD in hand or expect to receive them soon in any of these fields. The candidate's reputation should be evident from his or her publication record in internationally accepted high quality journals. The applicant should have a track record of academic teaching.

Organisation
The Economics department of the Radboud University Nijmegen is characterized by an interest in 'More than Economics'. The program aims to put economic insights in an ethical, historical, philosophical, institutional, and methodological perspective. The educational program has an excellent reputation among students and in the (inter-)national academic community. Members of the Economic Theory and Policy unit relate economics to other social processes, to policy, and to ethics. Research activities take place within the explicitly internationally oriented research program of the Nijmegen Center for Economics (NiCE). The successful applicant is expected to contribute to the further advancement of economic research from a pluralist perspective. For more information, please refer to http://www.ru.nl/economics.

Conditions of employment
Maximum hours per week: 40.
Maximum salary: 4.761,-.
Salary scale: 12.
Duration of the contract: 2 years. Upon a positive evaluation, the contract will be changed in a permanent position.

Additional Information
Additional information about the vacancy can be obtained from:
Prof. Dr. Esther-Mirjam Sent
Telephone number: +31 (0)24-3611252
E-mail address: e.m.sent@fm.ru.nl

Application
You can apply for this job (note the vacancy number 27.05.07) before 05-05-2007 by sending your application to:

Radboud Universiteit Nijmegen, Dienst P en O, afdeling PMO
Postbus 7005, 6503 GM Nijmegen, The Netherlands
E-mail: vacatures@dpo.ru.nl

Telephone number: +31 (0)24-3611173

University of Vermont

The Department of Economics seeks to fill a fulltime non-tenure-track teaching position for the 2007-2008 academic year. ABD or Ph.D. in economics is required. We are particularly interested in the fields of macroeconomics, development, econometrics, and applied microeconomics, but are open to any field. The chosen candidate may be asked to teach at all levels of the undergraduate curriculum (large introductory lectures, intermediate theory, methods, and field courses, and advanced seminars on special topics). Applicants may send a paper application or apply on line. Apply online at www.uvmjobs.com.  Search for the position using the department name (Economics) only. Attach a letter of application, curriculum vitae, and send a hardcopy of evidence of teaching effectiveness and three letters of recommendation to Chair, Department of Economics, University of Vermont, 239 Old Mill, 94 University Place, Burlington, VT 05405. For paper applications, send a letter of application, curriculum vitae, evidence of teaching effectiveness, and three letters of recommendation to the above address. For more information see www.uvm.edu/~econ.  The Department is committed to increasing faculty diversity, and welcomes applications from women and underrepresented ethnic, racial and cultural groups, and from people with disabilities. An equal opportunity-affirmative action employer.

St. Francis Xavier University

10 month Limited-Term Assistant Professor in Economic History, History of Economic Thought, and Political Economy St. Francis Xavier University, Canada JEL classification(s): A, B, N, P, Z
http://www.inomics.com/cgi/job?action=detail;nr=5493

Gettysburg College

Visiting Position in Economics

Applications are invited for a one-year visiting position in Economics for the 2007-2008 academic year. We are looking for a person who can teach finance, international trade, and/or economic development as well as introductory economics. The visitor will teach three courses a semester and should have a PhD or be ABD by August 2007. Candidates should provide evidence of commitment to excellent teaching in a liberal arts environment. Please send curriculum vitae, graduate transcripts, three letters of recommendation, a short sample of your writing, a statement of teaching philosophy, and teaching evaluation summaries (if available). Review of applications will begin immediately and continue until the position is filled. CONTACT: Prof. Charles Weise, Chair, Department of Economics, Gettysburg College, Box 391, Gettysburg PA 17325. Electronic submissions preferred. E-mail: Susan Holz at sholz@gettysburg.edu.

Gettysburg College is a highly selective liberal arts college located within 90 minutes of the Baltimore/Washington metropolitan area. It is consistently ranked in the top 50 liberal arts colleges in the nation. Established in 1832, the College has a rich history and is situated on a 220-acre campus with an enrollment of over 2,600 students. Gettysburg College celebrates diversity and welcomes applications from members of any group that has been historically underrepresented in the American academy. The College assures equal employment opportunity and prohibits discrimination on the basis of race, color, national origin, gender, religion, sexual orientation, age, or disability. You may learn more about the College through the website www.gettysburg.edu.

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Heterodox Conference Papers and Reports and Articles

Society of Heterodox Economists Papers

SHE has launched an online Working Paper series. The following Society of Heterodox Economists Working papers are now available on-line:
• Power, Profits and the Planet –Fossil Fuel Corporations Putting Profits before planet - Promoting Burning as Usual! Ian McGregor
• Trade Liberalisation and Production Structure: Intermediate Import Patterns in Turkey, Umit Senesen and Gulay Gunluk-Senesen
• Escalating U.S. Military Spending: Income Redistribution in Disguise: How Escalation Of War and Military Spending Are Used as Disguised or Roundabout Ways to Reverse the New Deal and Redistribute National Resources in Favor of the Wealthy, Ismael Hossein-Zadeh
The Crisis in the World Economy, Tom Bramble
Accumulation and Effective demand in East Asia since the 1990s, Joseph Halevi and Peter Kriesler.
Why the US Is Not Leaving Iraq, Ismael Hossein-zadeh
• Marx and Sraffa on the Theory of Value, Bill Lucarelli
• A Block Diagram Approach to Macroeconomic Dynamics, and One Reason Is/Lm Is Fatally Flawed, Trond Andresen
• Sraffa and the Question of Equilibrium, Ajit Sinha and Michel-Stephane Dupertuis
• Housing Tenure Does Matter: Social Exclusion of Older Private Renters in Sydney, Alan Morris


They can be accessed either directly from the SHE Working Papers webpage at:
http://www2.economics.unsw.edu.au/nps/servlet/portalservice?GI_ID=System.LoggedOutInheritableArea&maxWnd=_Heterodox_WorkingPapers or from the SHE site:

http://she.web.unsw.edu.au

To submit a paper, please send to: p.kriesler@unsw.edu.au
All papers in heterodox economics, broadly defined, will be considered.

Copies of the "Essays in Heterodox Economics : Fifth Australian Society of Heterodox Economists Conference" volume are also available for purchase via the SHE web page.

The SHE home page, where the book is mentioned is:

http://www.economics.unsw.edu.au/nps/servlet/portalservice?GI_ID=System.LoggedOutInheritableArea&maxWnd=T_Heterodox_home

while the publications page, with the details of the contents of the book, price etc is:

http://www2.economics.unsw.edu.au/contribute2/Economics/research/Heterdox/SHEBookPublications.htm

"US, IRAN AND ISRAEL: WHAT'S AHEAD?"

URPE sponsored a panel at the 2007 Left Forum called "US, Iran and
Israel: What's Ahead?". You can now hear mp3 recordings of the four presentations by going to the page on the "Political Economy of the Iran Crisis," found on the URPE website:
http://urpe.org/Iran_Crisis.htm

Here is a description of the panel:

"US, Iran and Israel: What's Ahead?"

The media tells us that Iran will soon be able to produce nuclear weapons; in response, the US and Israel have been threatening to attack Iran. Our panelists explore the political and economic forces behind this alarming standoff. Tom talks about the devastating effect of economic sanctions on Iran's economy, especially its deteriorating oil sector, suggesting that Iran's nuclear capability is a political bargaining chip in an effort to end the sanctions. The US would like to see a recovery and expansion of Iran's oil sector, but only under a "friendly" regime. Reza describes Iran's political factions and rivalries, and the ways in which some politicians might benefit politically from a limited confrontation with the US. He talks about how this would hurt Iran, and explores what can be done to improve the political situation. Evan discusses the history of Israeli/Iranian relations, which have run the gamut from extreme hostility to a mutually beneficial military/economic relationship.

Speakers:
Reza Ghorashi, Richard Stockton College
Tom O'Donnell, University of Michigan, Ann Arbor Evan Siegel, New Jersey City University Chair and Discussant: Leili Kashani, New York University

Bios:
Reza Ghorashi has a Ph.D. in economics from Fordham University and teaches at Richard Stockton College of New Jersey. His areas of research and interest are international trade, globalization, and the Middle East, particularly Iran. He has published articles in both English and Farsi on the listed subject matters.

Tom O'Donnell (Ph.D. Michigan, nuclear physics) has written and lectured widely on the global oil order, and on U.S., E.U. and Middle-East affairs. (see: http://TomOD.com)  He teaches at the University of Michigan, Ann Arbor at: the Center for Middle East and North African Studies (CMENAS), the Residential College, and the Michigan STS Program.
He lectured on "The Global Oil System and the Middle East" at The University of Algiers in spring 2005, and teaches summers at The New School's Graduate Program in International Affairs (GPIA), in NYC. Dr.
O'Donnell is currently writing a book on "The New Globalized Oil Order and the Middle East." He is also Associate Member of the Michigan Center for Theoretical Physics (MCTP). Previously, he spent over 10 years as an industrial worker and organizer-activist in Detroit auto plants and on Chicago railways.

Dr. Evan Siegel teaches math at New Jersey City University. He has a substantial record of publication and presentation of scholarly papers on Iranian and Azerbaijani history. Among his works is a study of a Palestinian response to the Iranian revolution and numerous works on the Iranian constitutional period.

Leili Kashani is a Ph.D. student in the joint program in History and Middle Eastern and Islamic Studies at New York University. She has been a student council member at The International Society for Iranian Studies, and is a senior editor at Arab Studies Journal.

Relevance of ‘Policy Space’ for Development: Implications for Multilateral Trade Negotiations

RIS Discussion Paper #120
Nagesh Kumar and Kevin P. Gallagher
There remains a compelling case for policy intervention to foster industrial development in the global South, according to a new paper from an Indian research institute co-authored by Kevin P. Gallagher and Nagesh Kumar. The authors note that developed countries have consistently deployed industrial policy, performance requirements, soft intellectual property regimes, subsidies, government procurement, and regional economic integration among other policies in their own processes of industrializations. Many of these policies were successfully emulated by the newly industrializing economies in East Asia to build internationally competitive modern industries despite the lack of apparent comparative advantage. A development-friendly outcome of the Doha Round of World Trade Organization negotiations would provide flexibility from the intellectual property restrictions and investment obligations to facilitate rather than inhibit the transfer of technology to developing countries. This would give them the policy space they need to pursue industrial development.

Download paper: http://www.ase.tufts.edu/gdae/Pubs/rp/RISDiscPaper120Apr07.pdf
For more on WTO: http://www.ase.tufts.edu/gdae/policy_research/WTO05.htm
For more on GDAE’s Globalization and Sustainable Development Program: 
http://www.ase.tufts.edu/gdae/policy_research/globalization

No Fast Track to Global Poverty Reduction

GDAE Policy Brief No. 07-02, April 2007

Timothy A. Wise and Kevin P. Gallagher
The March 31 deadline for the Bush Administration to submit a World Trade Organization agreement to Congress under its current “fast track” trade promotion authority has passed, with talks still stalled over agricultural issues. Yet Congressional Democrats have been quietly negotiating with the Bush Administration to achieve a bipartisan consensus on trade, one that can move forward not only the Doha negotiations but the range of bilateral trade deals – Colombia, Peru, Panama, and now South Korea – now on the table. Congress should think twice before extending fast track authority to achieve a new WTO agreement.
Those promoting this new bipartisanship cite the Doha mandate to make this a “development round” of negotiations that fosters economic development for the world’s poorest countries. Most evidence suggests that the emerging set of tariff and subsidy reductions will have little impact on global poverty; according to the World Bank, the number of people living on less than a dollar-a-day will decline by less than one-half of one percent with a Doha deal.
More worrisome, some the world’s poorest nations may end up worse off, while some of the poorest people – small farmers – lose ground even in countries the World Bank predicts will gain from an agreement. Finally, the costs of liberalization to poor countries, particularly in lost tariff revenue on which they depend for key government services, make the new WTO agreement anything but friendly to development and poverty reduction.

Download Policy Brief: http://www.ase.tufts.edu/gdae/Pubs/rp/PB07-02WTOPovertyApr07.pdf
See other analyses of the Doha Round: http://www.ase.tufts.edu/gdae/policy_research/WTO05.htm
For more on GDAE’s Globalization and Sustainable Development Program: http://www.ase.tufts.edu/gdae/policy_research/globalization.html

Toward a Synthesis in Post-Keynesian Economics in Luigi Pasinetti’s Contribution

By: Heinrich Bortis, Université de Fribourg (Switzerland)

Download the paper.

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Heterodox Journals and Newsletters

Oeconomicus

The current edition of Oeconomicus from UMKC is now online:
http://cas.umkc.edu/econ/Oeconomicus/.

International Review of Applied Economics

Volume 21 Issue 2 is now available online at informaworld, http://www.informaworld.com.

This new issue contains the following articles:

Relative Capital Shortage and Potential Output Constraint: A Gap Approach p. 189
Authors: J. M. Albala-Bertrand
Link

Inflation Dynamics and its Sources in the Ottoman Empire: 1586–1913 p. 207
Authors: Hakan Berument; Asli Gunay
Link

The Link Between Wages and Productivity in Spain p. 247
Authors: Víctor M. Montuenga-Gómez; Melchor Fernández; Andrés Romeu
Link

The Presence of Multinational Banks and the Supply and Quality of Credit in Emerging Economies p. 273
Authors: Christian E. Weller
Link

Is there Evidence of Learning-by-Exporting in Turkish Manufacturing Industries? p. 293
Authors: Mahmut Yasar; Philip Garcia; Carl H. Nelson; Roderick M. Rejesus
Link

Employment Policy and Social Policy as Productive Factors p. 307
Authors: Samuel Rosenberg
Link

International Journal of Political Economy

Volume 35 Number 3 / Fall 2006 of International Journal of Political Economy is now available at http://mesharpe.metapress.com.

This issue contains:

Spanish Unemployment- Julio Löpez G.

Two Stages of Ecosocialism?- Paul Burkett

Balancing the Macroeconomic Books on the Backs of Workers: A Simple Analytical Political Economy Model of Contemporary U.S. Capitalism- Mark Setterfield

Was Market Socialism a Feasible Alternative for Transition Economies?- John Marangos

Moore on Post-Keynesian Macroeconomics: A Review- Steven Pressman

Levy News

April 2007- Digital Newsletter of The Levy Economics Institute of Bard College

The U.S. Economy: What’s Next?
April 2007
by WYNNE GODLEY, DIMITRI B. PAPADIMITRIOU, and GENNARO ZEZZA
http://www.levy.org/pubs/sa_apr_07.pdf 
LIMEW
How Well Off Are America’s Elderly? A New Perspective
April 2007
by EDWARD N. WOLFF and AJIT ZACHARIAS
http://www.levy.org/pubs/lmw_apr_07.pdf 
WORKING PAPERS
State, Difference, and Diversity: Toward a Path of Expanded Democracy and Gender Equality
No. 493
by RANIA ANTONOPOULOS and FRANCISCO COS-MONTIEL
http://www.levy.org/pubs/wp_493.pdf 
Fiscal Policy in a Stock-Flow Consistent (SFC) Model
No. 494
by WYNNE GODLEY and MARC LAVOIE
http://www.levy.org/pubs/wp_494.pdf 
Gender Inequalities in Allocating Time to Paid and Unpaid Work: Evidence from Bolivia
No. 495
by MARCELO MEDEIROS, RAFAEL GUERREIRO OSÓRIO, and JOANA COSTA
http://www.levy.org/pubs/wp_495.pdf

Journal of Post Keynesian Economics

Volume 29 Number 3 / Spring 2007 of Journal of Post Keynesian Economics is now available at http://mesharpe.metapress.com.

This issue contains:
How do conflicting theories about financial markets coexist?- Wesley Phoa, Sergio M. Focardi, Frank J. Fabozzi

Theories of stock prices and the Greenspan---Bernanke doctrine on stock market bubble- J. Patrick Raines, J. Ashley McLeod, Charles G. Leathers

Monetary transmission---federal funds rate and CD rates- Yasuo Nishiyama

Financial engineering, consumer credit, and the stability of effective demand- Christopher Brown

A prolegomena to any future Post Keynesian education policy- Steven Pressman

Technology gap, real wages, and learning in a balance-of-payments---constrained growth model-
Gabriel Porcile, Marcus Vinicius Dutra, Antonio J. A. Meirelles

An empirical analysis of a Keynesian investment theory using Brazilian firm-level panel data-
Gregory A. Falls, Paul A. Natke

Are we making progress toward a civilized society?- Paul Davidson

Historical Materialism: Research in Critical Marxist Theory

Announcing issues 14.3, 14.4 and 15.1

Historical Materialism
Research in Critical Marxist Theory

Volume 15 Issue 1
2007

CONTENTS

Article

Carlo Vercellone
From Formal Subsumption to General Intellect: Elements for a Marxist Reading of the Thesis of Cognitive Capitalism

Symposium:
Ernest Mandel and the Historical Theory of Global Capitalism

Marcel van der Linden and Jan Willem Stutje
Editorial Introduction
Jairus Banaji
Islam, the Mediterranean and the Rise of Capitalism
Patrick Karl O’Brien
Global Economic History as the Accumulation of Capital through a Process of Combined and Uneven Development. An Appreciation and Critique of Ernest Mandel
Michael R. Krätke
On the History and Logic of Modern Capitalism. The Legacy of Ernest Mandel
Marcel van der Linden
The ‘Law’ of Uneven and Combined Development: Some Underdeveloped Thoughts
Jan-Willem Stutje
Concerning Der Spätkapitalismus: Mandel’s Quest for a Synthesis of Late Capitalism


Review Articles

Spencer Dimmock
on Jane Whittle’s The Development of Agrarian Capitalism: Land and Labour in Norfolk, 1440–1580
João Bernardo
on Alessandro Orsini’s L’Eretico della Sinistra. Bruno Rizzi Élitista Democratico
Anthony Chase
on the Leiden Journal of Internal Law’s ‘International Symposium on Marxism and International Law’
Alan Thornett
on Ralph Darlington’s and Dave Lyddon’s Glorious Summer: Class Struggle in Britain in 1972

The Historical-Critical Dictionary of Marxism

Peter Thomas


Historicism, Absolute

Volume 14 Issue 4
2006


CONTENTS

Symposium:
On David Harvey’s The New Imperialism
Sam Ashman

Editorial Introduction
Ellen Meiksins Wood
Logics of Power: A Conversation with David Harvey
Noel Castree
David Harvey’s Symptomatic Silence
Bob Sutcliffe
Imperialism Old and New: A Comment on David Harvey’s The New Imperialism and Ellen Meiksins
Wood’s Empire of Capital
Robert Brenner
What Is and What Is Not Imperialism?
Sam Ashman and Alex Callinicos
Capital Accumulation and the State System: Assessing David Harvey’s The New Imperialism
Ben Fine
Debating the ‘New’ Imperialism
David Harvey
Comment on Commentaries

Intervention
Mike Lebowitz
The Politics of Beyond Capital
Literature Review
Stuart Elden
Some Are Born Posthumously: The French Afterlife of Henri Lefebvre

Review Articles
Peter Green & Martin Thomas
on Nigel Harris’s The Return of Cosmopolitan Capital
Mark Bould
on Carl Freedman’s The Incomplete Projects: Marxism, Modernity and the Politics of Culture
Neil Lazarus
on David Macey’s Frantz Fanon: A Life
Loren Goldner
on Franklin Rosemont’s Joe Hill: the IWW and the Making of a Revolutionary Working Class Counter Culture
Vincent Presumey
on Revolutionary History: From Syndicalism to Trotskyism – Writings of Alfred and Marguerite Rosmer
Ellen Isayev
on Guy Bradley’s Ancient Umbria

The Historical-Critical Dictionary of Marxism
Karen Ruoff Kramer
‘Jeans’

Volume 14 Issue 3
2006

CONTENTS

Articles

Paul Burkett & Martin Hart-Landsberg
China and the Dynamics of Transnational Accumulation: Causes and Consequences of Global Restructuring
Paresh Chattopadhyay
Capital, the Progenitor of Socialism: Progress as the Dialectic of Negativity in the Critique of Political Economy
Christopher J. Arthur
The Inner Totality of Capitalism
Geoff Kennedy
Digger Radicalism and Agrarian Capitalism
Andrew Robinson & Simon Tormey
Žižek’s ‘Marx’: ‘Sublime Object’ or a ‘Plague of Fantasies’


Interventions

John Eric Marot
Trotsky, the Left Opposition and the Rise of the Stalinism: Theory and Practice
Martin Thomas
Three Traditions? Marxism and the USSR

Review Articles

Carl Freedman
on Christopher Hitchens’s Why Orwell Matters, Jeffrey Meyers’s Orwell: Wintry Conscience of a Generation and John Newsinger’s Orwell’s Politics.
Ian Birchall
on Jean-François Fayet’s Karl Radek (1885-1939)
Charles Post
on Robert J. Steinfeld, Coercion, Contract, and Free Labor in the Nineteenth Century
Charles Post
on Roger L. Ransom’s and Richard Sutch’s, One Kind of Freedom: The Economic Consequences of Emancipation
Marcel Stoetzler
on Michael Forman’s Nationalism and the International Labor Movement, The Idea of the Nation in Socialist and Anarchist Theory
Geoff Kennedy
on Neal Wood’s Reflections on Political Theory: A Voice of Reason From the Past


historicalmaterialism@soas.ac.uk
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Financialism - Associative Economics Bulletin

MAY 2007

The Associative Economics Bulletin consists of news and views on associative economics, including short extracts from Associative Economics Monthly (available electronically for £1 an issue at www.cfae.biz/aem or in a hard copy format - tel (UK) 01227 738207). To unsubscribe from this list, reply or send an email to info@talkingeconomics.com with 'bulletin unsubscribe' in the subject line.

1) The View From Rare Albion, Editorial, AEM MAY 2007
2) Upcoming Events in Austria, Switzerland, UK.

1) THE VIEW FROM RARE ALBION, EDITORIAL, AEM MAY 07

In many ways, modern finance is a two–edged sword, bringing with it the possibility of emancipation from ancient, externally imposed mores, but able at the same time to loose the anchor of social life, setting humanity adrift on an ocean of restless, surging capital flows that it cannot manage. This is a problem well-known in economic history, the challenging nature of which has been described and discussed all down the path leading to modern economic thought, beginning with Aristotle, passing through the Middle Ages debate on usury and ‘just price’, right up to our own times when Galbraith, Keynes and many others have warned of the dangers of unconstrained capital. Even so, the last twenty years have been characterised by the ascendance of concepts and policies that advocate the ‘liberalisation’ of capital and today we live in a world fashioned more and more in accordance with this development.

Under the heading of ‘financialism’, once described by Rudolf Steiner as ‘money doing business on its own account’, much that we have come to take for granted in the way in which modern economic life is conducted has now brought us to the raw experience of what over the ages was always felt to be a dangerous realm to enter: Does money serve man or man serve money? Or, in current terminology, how is the financial economy to be related to the real economy?

In Comprehending Finance, Arthur Edwards introduces the phenomenon of financialism seen through the eyes of various commentators, and then illustrates one current-day approach - Creditary Economics - that aims to overcome this ‘downside’ of modern finance. (Creditary Economics also featured in our March/April and May/June 2000 editions.)

This month’s Sign of the Times focuses on Private Equity Funds, a relatively recent development whereby groups of investors stalk big companies with the aim of making ‘super returns’ from accenting only their financial aspect then selling them on at huge profits. Their way of behaving is such that it is hard to resist the comparison of predatory and creditary!

The feature article – The Veil of Finance by G S Francis – describes how modern finance conceals its deeper nature and takes us in the direction of trying to understand the positive aspect of financialism. After all, the long journey which has led to the emancipation of capital alongside the emancipation of the human being also from ancient mores cannot be mere accident.

The Networking page is given over to a related discussion sparked by publication of an article on equity by Own Barfield on the ae-exchange. This also tends in the direction of considering what may lie behind today’s development, especially to realise more clearly the link between culture and economics.

A key question to ask here is what is the counterpart to abstracted capital, what is the point of it, if not merely to increase itself? One of Rudolf Steiner’s most valuable insights is that capital, once abstracted from what we today call the ‘real economy’ should go back into it via the medium of salaries to those active in cultural life, such as teachers, artists, and so on, to be spent by them.

As well as creditary economics’ distinction between productive and unproductive investment, therefore, we need to look deeper into the nature of ‘unproductive’ capital and distinguish between physical productivity, in effect a reorganising of the natural world, and cultural productivity - creativity, initiative hunches, and so on - the true source of new values in economic life.

This month’s AE Profile is on L’Aubier, in Switzerland, being an abridged version of that project’s commitment to associative economics. To complete the issue, D’Arcy Mackenzie’s focus this month is on The Stock Market, a topic central to challenge that modern finance faces us with.


2) 2007 EVENTS IN UK, AUSTRIA, SWITZERLAND,

TWO COMMEMORATIONS, UK

Owen Barfield and Walter Stein will both be featured in AEM this year in our survey of the beginnings of associative economics in the 1930s. Their work will also be marked with two events looking at the relevance of their work for today.
OWEN BARFIELD - 19 MAY, LONDON
On May 19th the focus will be on Owen Barfield, whose biography came out last year.* Though best known as an ‘Inkling’ and for his friendship with C S Lewis, Barfield was also the first translator of Rudolf Steiner’s economics lectures and a frequent and perceptive writer on economic matters in his own right. Towards the end of his life in the 1990s, Barfield imagined an associative approach arising quietly out of practical life, rather than through a programme of some kind.
* Owen Barfield, Romanticism comes of age. Simon Blaxland-De Lange, Temple Lodge, London.

WALTER JOHANNES STEIN - 7 JULY, STROUD
July 7th marks the 50th anniversary of Stein’s death. As a collaborator of DN Dunlop in producing World Review for the World Power Conference (now World Energy Council) and then as editor of The Present Age, Stein focused his powerful eclectic intellect on the conundrum of how, in an age of world economy, human beings would be able, without coercion, to create global rather than national thinking in approaching economic questions.

BASEL, SWITZERLAND
KEY ECONOMIC QUESTIONS OF OUR TIMES Economics Conference Symposia in Dornach, Basel, Switzerland
Convenor: Dr. Christopher Houghton Budd Language: English with German as needed.
Friday Lectures 20.15 / Saturday Workshops 09.00 – 16.00
11/12 May Comparing Associative Economics and Market Economics
15/16 June Is an Association a Cartel?
These events are designed to focus on key economic questions of our times, not only in the world at large but also affecting the anthroposophical movement. The aim is to combine in- depth discussions with opportunities for attendance by those who would like to deepen their understanding of Rudolf Steiner’s economics in the light of today’s circumstances. For further information, please contact economics@goetheanum.org.


VIENNA, AUSTRIA
26 - 28 May
The Metamorphosis of Capitalism (see - http://www.arthuredwards.net/events/international_events/vienna/

'Associative Economics Monthly', is available at www.cfae.biz/aem

PERI in Focus Spring 2007

IN THIS ISSUE:
- Modern Conflict Database
- Launch of the PERI/UNDP Kenya Program
- Column in New Labor Forum
- Ralph Nader Visits PERI
- PERI Working Papers
- Calendar of Events
- International Workers' Day Lecture Series
- Alternatives to Inflation Targeting Conference
You can also subscribe PERI in Focus at http://www.peri.umass.edu/Newsletter.newsletter.0.html

Download the newsletter

International Journal of Green Economics

IJGE, a peer-reviewed international journal, proposes and fosters discussion on all aspects of Green Economics. It contributes to international research and practice in Green Economics with the aim of encouraging economic change and the positioning of Green Economics at the centre of the Economics disciplines. Green Economic theories and policies, tools, instruments and metrics are developed with the aim of offering practical and theoretical solutions and proposals to facilitate a change to the current economic models for the benefit of the widest number of people and the planet as a whole.

IJGE focuses particularly on resource management, on meeting peoples’ needs and the impact and effects of international trends and how to increase social justice.

Website: www.inderscience.com/ijge 

Contact information: Miriam Kennet- greeneconomicsinstitute@yahoo.com

Feminist Economics

Volume 13 Issue 2  is now available online at informaworld ( http://www.informaworld.com ).

This new issue contains the following articles:

PlusCa Change?
evidence on global trends in gender norms and stereotypes p. 1
Authors: Stephanie Seguino
Link

Political economy and the closet: heteronormativity in feminist economics p. 29
Authors: Colin Danby
Link

Motherhood and women's earnings in Anglo-American, Continental European, and Nordic Countries p. 55
Authors: Wendy Sigle-Rushton; Jane Waldfogel
Link

Gender and graduate economics education in the US p. 93
Authors: David Colander; Jessica Holmes
Link

Explaining gender differences in tax evasion: the case of Tirana, Albania p. 119
Authors: Klarita Gërxhani
Link

Female entrepreneurship in transition economies: the case of Lithuania and Ukraine p. 157
Authors: Ruta Aidis; Friederike Welter; David Smallbone; Nina Isakova
Link

Assessing welfare reform data: a comment on christopher p. 185
Authors: Robert Cherry
Link

Reassessing welfare reform data: a response to cherry p. 197
Authors: Karen Christopher
Link

Gender equality: striving for justice in an unequal world p. 203
Authors: Caren A. Grown
Link

Beyond the Market: Designing Nonmarket Accounts for the US p. 208
Authors: Robin A. Douthitt
Link

Assembling flowers and cultivating homes: labor and gender in Colombia p. 210
Authors: Catherine Dolan
Link

Reconciling Work and Family Responsibilities: Practical Ideas from Global Experience p. 215
Authors: Carole A. Green
Link

Effective philanthropy: organizational success through deep diversity and gender equity p. 220
Authors: Genevieve Biggs
Link

Law and Economics: Alternative Economic Approaches to Legal and Regulatory Issues p. 224
Authors: Joyce P. Jacobsen
Link

Tenure Denied: Cases of Sex Discrimination in Academia p. 226
Authors: Alice Woolley Faculty of Law; Frances Woolley
Link

Joan Robinson's Economics: A Centennial Celebration p. 230
Authors: Michael Brün
Link

The Red Riviera: Gender, Tourism, and Postsocialism on the Black Sea p. 234
Authors: Lisa Giddings
Link

Hard labour: the forgotten voices of Latvian Migrant "Volunteer" workers p. 203
Authors: Jane Humphries
Link

Ultima inegalitate: Relatiile de gen in Romania p. 243
Authors: Anca Gheaus Chaire Hoover Fellow
Link

Revista de Economía Institucional

VOL. 9, No. 16, FIRST SEMESTER, 2007

- The Intersection of Economic Signals and Mythical Symbols, Cyril Morong

- What’s wrong with Contemporary Economics?, Paul Streeten

- The Moral Foundations of Economics: A Reinterpretation of Adam Smith’s Problem, José Atilano Pena López y José Manuel Sánchez Santos

- The Limits of Economic Efficiency in a Democratic Society, Alejandro Agafonow

- Critical Review of Institutionalism’s Contribution to the Theory and Practice of Development, Joan Oriol Prats

- Reciprocity and the Paradox of Voting, Jorge Andrés Gallego

- Colombian Labor Market Division during the Nineties, José Ignacio Uribe, Carlos Humberto Ortiz y Gustavo Adolfo García

- Voting Power in the National Council of the Social Security Health Service, Sandra Milena Rodríguez A.

- Why do Colombians Emigrate? A Departmental Analysis Based on the 2005 Census

CLASSICS

- Reviews of Economic Issues, Émile Durkheim Compilation and Presentation by Gonzalo Cataño
- The High Cost (fragment), Wace

NOTES AND DISCUSSIONS

- American Institutionalism: Origins and Present, Paulo Reis Mourao

- If the Model Contradicts Reality so much, the Worse for Reality, Yuri Gorbaneff

- Do we ignore the Facts if they are Inconvenient? A Reply to Professor Gorbaneff, Geoffrey M. Hodgson

BOOK REVIEWS

- Civil Society, Virtue and Commerce, Alberto Castrillón

- About Anonymous Heroes, Conventional Wisdom and Vile Frauds, Bernardo Pérez Salazar


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Heterodox Books, Book Series, and Book Reviews

Global Finance in the New Century: Beyond Deregulation

Edited by Libby Assassi, Anastasia Nesvetailova and Duncan Wigan PalgraveMacmillan, 2007.
http://www.palgrave.com/products/Catalogue.aspx?is=0230006876

Macroeconomics in Context

The complete Preliminary Edition of Macroeconomics in Context is currently available to instructors and students for free download from the website of the Global Development and Environment Institute:
http://www.ase.tufts.edu/gdae/publications/textbooks/macroeconomics.html 

Macroeconomics in Context incorporates the theoretical content expected in a principles text, but it also delves deeper, offering a fresh understanding of economic realities. Instructors will find that standard topics, including Classical and Keynesian approaches, are covered clearly and succinctly. In addition, questions of ecological sustainability, non-marketed production, the quality of life, and income distribution are given more attention than in standard texts. Taking history, institutions, and environmental constraints seriously, this textbook balances analysis of market processes in the macroeconomy with discussion of public policies that go beyond short-term stabilization targets to promote long-term sustainability and human well-being. The text is the companion to Microeconomics in Context (Goodwin et al., Houghton Mifflin, 2005).

Faculty who have adopted Macroeconomics in Context say:
“After reviewing 14 macroeconomics textbooks, looking for an alternative to obsolete ideas of infinite GDP growth with little consideration of environment or social costs, I selected Macroeconomics in Context for my course this year. This was the only book I found which covers mainstream theory, while putting it into a social and environmental context; a much needed updated approach to macroeconomics.”
Gary Flomenhoft, University of Vermont
“Macroeconomics in Context is the best text I've seen for undergraduate teaching. By paying attention to the challenges we face today, such as environmental degradation and social issues, students readily see why and how economics is important to learn. This text gives students the basics while raising questions about how we can do better."
Valerie Luzadis, SUNY Syracuse

“Thoughtful, clear, well-organized. Thank you for this admirable text.”
Richard McNeil, Cornell University

“After trying many textbooks I found both the level and the approach much better than any of the others I have tried over the years for second semester undergraduates.”
Trevor Evans, Berlin School of Economics
In addition to the textbook chapters (in pdf file format), a glossary defining all terms highlighted in the text and a complete set of PowerPoint slides are available for free download. Instructor Notes containing answers to exercises are available to adopting faculty. We believe you will find this text a needed and refreshing change from most macroeconomics texts.
If you would like more information about the text, please contact gdae@tufts.edu 

Routledge Economics as Social Theory Series

Recently published titles include:

New Departures in Marxian Theory
By Stephen Resnick and Richard Wolff, both at University of Massachusetts, Amherst, USA
Over the last twenty-five years, Resnick and Wolff have developed a groundbreaking interpretation of Marxian theory generally, and of Marxian economics in particular. This book brings together their key contributions and underscores their different interpretations.

Markets, Deliberation and Environment
John O’Neill, Lancaster University, UK
In this book, John O’Neill covers a discussion of the ethical boundaries of markets, the role of private property rights in environmental protection, the nature of sustainability and the valuation of goods over time.
This book is essential reading for undergraduate and postgraduate students studying courses in ecological and environmental economics.

Speaking of Economics
How to get in the Conversation
Arjo Klamer, Erasmus University, Rotterdam, The Netherlands
Making sense of economists and their world, Arjo Klamer shows that economics is as much about how people interact as it is about the models, the mathematics, the econometrics, the theories and the ideas emerging from the literature.

Forthcoming titles include:

Development and Globalization
A Marxian Class Analysis
David F. Ruccio, University of Notre Dame, USA
Through a series of concrete examples, this collection shows how Marxian class analysis can be used to challenge existing modes of thought and produce new insights about the problems of capitalist development.

From Political Economy to Freakonomics
Method, the Social and the Historical in the Evolution of Economic Theory
Ben Fine, School of Oriental and African Studies, University of London, UK and Dimitris Milonakis, University of Crete, Greece
Ben Fine, the author of Social Capital versus Social Theory and a renowned exponent of Marxian political economy and Dimitris Milonakis offer one of the first systematic critiques of cliometrics, new institutional economics and Douglass North’s work.

John Maynard Keynes and International Relations: Economic Paths to War and Peace

Professor Donald Markwell’s book ‘John Maynard Keynes and International Relations: Economic Paths to War and Peace’ (Oxford University Press, London & New York, 2006). The book is available at:
http://www.oup.com/us/catalog/general/subject/Politics/InternationalStudies/InternationalSecurityStrategicSt/?view=usa&ci=9780198292364
or
http://www.oup.com/uk/catalogue/?ci=9780198292364  or from online booksellers.

A large and liberal education”: higher education for the 21st century

A new book by Professor Markwell is about to be published by Australian Scholarly Publishing and Trinity College, the University of Melbourne. ‘“A large and liberal education”: higher education for the 21st century’ develops a vision of higher education focussed on high quality liberal education for undergraduates in a learning community rich in both classroom and extra-curricular engagement. Maintaining an international focus, Don Markwell offers a challenging perspective on topics such as maintaining excellence in teaching and learning in higher education in an increasingly competitive environment, issues of equity and diversity, and educational philanthropy.

University of Oxford Vice-Chancellor John Hood says this book ‘provides an engaging, thoughtful and candid examination of current issues and challenges in international and Australian university education’. He adds that ‘Don’s warm reflections about his colleagues are a special highlight’.

This book is available from Trinity College, the University of Melbourne at:
http://www.trinity.unimelb.edu.au/publications/books/largeandliberal
or from Australian Scholarly Publishing at:
http://www.scholarly.info/new.htm
or from online booksellers.

Money, Distribution and Economic Policy - Alternatives to Orthodox Macroeconomics

Eckhard Hein and Achim Truger (eds)

Introduction, Eckhard Hein and Achim Truger
I. Heterodox economic theory and money in macroeconomics
1. What is the Cambridge approach to economics?, G.C. Harcourt
2. Heterodox economics: a common challenge to mainstream economics?, Sheila Dow
3. Elements of a monetary theory of production, Trevor Evans, Michael Heine and Hansjörg Herr
4. The monetary circuit approach: a stock-flow consistent model, Jean-Vincent Accoce and Tarik Mouakil
II. Distribution and aggregate demand
5. What drives profits? An income-spending model, Olivier Giovannoni and Alain Parguez
6. Wages and aggregate demand: an empirical investigation for France, Stefan Ederer and Engelbert Stockhammer
III. Economic policies
7. New institutions for a new economic policy, Jesus Ferreiro and Felipe Serrano
8. Structural reforms and macroeconomic policy – the example of Germany, Gustav A. Horn
9. Theories of fiscal policies and fiscal policies in the EMU, Douglas Mair and Anthony J. Laramie
10. The link between fiscal and monetary policy – lessons for Germany from Japan, Richard A. Werner
11. Monetary policy, macroeconomic policy mix and economic performance in the Euro area, Eckhard Hein and Achim Truger
http://www.e-elgar.co.uk/Bookentry_Main.lasso?id=12580.

Exploring Marx's Capital

Philosophical, Economic and Political Dimensions
Jacques Bidet. Translated by David Fernbach. Preface to the English Edition by Alex Callinicos
Publication year: 2007

Series:
Historical Materialism Book Series, 14
ISBN-13 (i):
978 9004149 37 3
ISBN-10:
90 04 14937 6


Jacques Bidet is Professor at the University of Paris-X, holding the chair of Political Philosophy and Theories of Society. His other publications include Théorie de la modernité(1990), John Rawls et la théorie de la justice (1995), Théorie générale, Théorie du droit, de l’économie et de la politique (1999) and Explication et reconstruction du 'Capital' (2004).

Religion and Economic Justice

Temple University Press
ISBN 1-56639-003-6
http://www.temple.edu/tempress/titles/839_reg.html

CONTENTS

Terms for a Dialogue
Michael Zweig, Economics and Liberation Theology

Religious Perspectives on Economic Justice
Norman K. Gottwald, Values and Economic Structures
Gregory Baum, An Ethical Critique of Capitalism: Contributions of Modern Catholic Social Teaching
Pamela K. Brubaker, Economic Justice for Whom? Women Enter the Dialogue
Michael Lerner, Jewish Liberation Theology and Emancipatory Politics

Structures of Modern Capitalism
Ann Seidman, Man-Made Starvation in Africa
Amata Miller, IHM, Global Economic Structures: Their Human Implications
Michael Zweig, Class and Poverty in the U.S. Economy

Political Implications
Samuel Bowles and Herbert Gintis, The Economy Produces People: An Introduction to Post-Liberal Democracy
Frances Moore Lappe and J. Baird Callicott, Individual and Community in Society and Nature
"A superb book, containing some of the best work of highly distinguished figures in economics, religious ethics, and biblical studies.... There is no doubt, this book is timely, diverse yet coherent, excellent, and engaging."
—Cornel West

"This collection of essays seeks to effect a junction between religiously based and Marxist critiques of the present economy and represents usefully a significant strand of critical thought."
—Kenneth J. Arrow, Joan Kenney Professor of Economics, Stanford University and Nobel Laureate in Economics
"The essays are all substantive, from prominent writers.... What is best about the book is its focus on new developments between theology and economic life and its fresh thoughts on the changes in theory and policy that we need."
—Beverly Harrison, Union Theological Seminary

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Heterodox Graduate Program and PhD Scholarships

The Institute for Social Change

Three Scholarships for a full 3- or 4-year PhD in an interdisciplinary area of social science (Also MSc Degree). Suitable for top-ranking Undergraduate applicants as well as for Masters degree holders.

The Institute for Social Change is an inter disciplinary research centre in the Faculty of humanities and the University of Manchester.

PhD topics within the broad area of comparative social change can be developed by individual applicants.

While you study for the PhD, you will be trained in generic skills as well as quantitative research skills. You may also take course units in Sociology or Politics. Your PhD may take three years, or may take four years including a one-year MSc in Social Change. Each scholarship will cover your fees (which may be between GBPounds 3,240 per annum UK/EU students and £9,500 for international students) and also an annual stipend of up to £11,250 tax-free.
What Topic?
We encourage you to develop a proposal on a topic in one of the areas below, or a related area:
. Civic Engagement Across Countries
. Immigration and Ethnicity
. Comparative Study of Religion
. Inequalities or Trends in Social Capital . Social and Political Aspects of Changing Values or Behaviour . Other topics in comparative social and political change

Your academic liaison person is wendy.olsen@manchester.ac.uk  Admissions liaison person is janet.smith@manchester.ac.uk.  For full details of the scholarships please visit our website: www.manchester.ac.uk/socialchange/postgraduate. For application forms visit www.manchester.ac.uk/postgraduate/howtoapply .  You may send your online application form in via the internet, but send paper documents to us at J. Smith, PostGraduate Office, Dover Street, School of Social Sciences, University of Manchester, Manchester UKM13 9PL. PhD applications are welcome at any time. The deadline for Scholarship applications is May 15, 2007.

The programme is subject to final stage approval at the University of Manchester. Applications are being taken now.

Macroeconomic Problems of Environmental Sustainability: A Suitable Case for Modelling?

The Centre for Alternative Economic Policy Research (CAEPR) in Melbourne, Australia, has a long-standing interest in the macroeconomic aspects of environmental sustainability. If consumption were to fall in the rich countries (or at least to grow more slowly), as it must if the planet is to remain habitable, elementary Keynesian theory suggests that there is a real danger of a recession. Lower consumption means lower investment, lower aggregate demand and higher unemployment unless suitable counteracting monetary and (especially) fiscal policy measures are implemented. There may also be a long-term problem due to the loss of dynamic economies of scale: slower (or negative) output growth means slower (or negative?) productivity growth, with potentially serious implications for the real exchange rate and the demand for exports (which may also increase the danger of a recession). These are issues that cry out for formal modeling, which CAEPR is not able to undertake directly. We cannot provide any funding, but La Trobe University will provide supervision for a suitably qualified PhD student and CAEPR offers continuing support and encouragement for anyone of a broadly Keynesian persuasion with qualifications and experience in econometric modeling who might be interested in working on these problems, within Australia or in any other part of the world. Perhaps this would be an attractive retirement project for someone? Please contact John King (j.king@latrobe.edu.au) with any suggestions.

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Heterodox Economics Archive Materials

Documents in the History of Heterodox Economics

Post- Keynesian Economics Study Group and PKSG Newsletter, 1988-1997 by Fred Lee
Download Newsletter 1 and Newsletter 2

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Heterodox Websites

Forschungsnetzwerk Makropolitik/ Research Network Macroeconomic Policies

It is founded in 1997, Germany. Click here to visit the website.

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For Your Information

Korea-US Free Trade Agreement

Attached is a petition concerning the Korea-US Free Trade Agreement.
If you are interested, please read the attachments (1) (2).

The Korean student petition highlights the use of free-trade agreements to impose "international tribunals" that will arbitrate conflicts between foreign companies and domestic municipal or state-based laws or court decisions; these raise all kinds of due process and constitutionality concerns. Public Citizen has compiled the decisions to date for the NAFTA tribunals in the US. See

http://www.citizen.org/documents/Chapter%2011%20Report%20Final.pdf

For a quick summary of the successes of foreign companies through NAFTA's chapter 11 arbitration process, and discussion by Public Citizen, see

http://www.citizen.org/publications/release.cfm?ID=7076

Take a look and see what decisions are being overthrown by these tribunals. This means the end of due process in the public realm, it arguably rewrites the US constitution. Such mandatory arbitration has been used for workers' compensation complaints, for instance, as part of the deal that secured some kind of state-financed compensation to injured workers in exchange for agreeing not to sue for higher damages.
There is no exchange under NAFTA, there is just the imposition of these tribunals. Who appoints them? What level of accountability do they have?
Can their decisions be overturned by an appellate court? Or do they stand above the US Supreme Court? Public Citizen appears to argue the latter in its summary:

"If a corporation wins its case, it can be awarded unlimited amounts of taxpayer dollars from the treasury of the offending nation even though it has gone around the country's domestic court system and domestic laws to obtain such an award."

The 12th Global Development Course

THE 12TH GLOBAL DEVELOPMENT COURSE WILL BE HELD FROM 4th TO 16th JUNE AT THE UNIVERSITY OF LONDON UNION IN MALLET STREET, WC1.

The 13th GLOBAL DEVELOPMENT COURSE will be held in early November.

Over the last 4 years over 200 people have taken part in this short, very intensive and effective introduction to the issues that confront the Third World. The course consists of a total of 12 session of 2 hours each, concentrating in turn on finance, health, education, international aid and the UN system, trade, migration and refugees, and so on.

Personnel from all the major development agencies, including OXFAM, ActionAid, Save the Children Fund, CAFOD, Christian Aid, WaterAid, the House of Commons, and many others have attended over the years. It has also been attended by people contemplating a higher degree in one of the relevant fields of work and from teachers of geography and economics. The speakers are all highly qualified with current fieldwork experience.

If you think you may be interested in attending, please visit the website - http://www.ethical-events.org/gdc

The New York Union Semester Program

Now offering undergraduate and graduate credit!
Visit our new website www.unionsemester.org 

THE NEW YORK UNION SEMESTER PROGRAM is now accepting applications for its Fall 2007 program. Applications are due May 15, 2007. Rolling admissions: so the earlier you apply, the better your chances of getting a spot!

The New York Union Semester provides students with the opportunity to intern at a labor union or community organization in New York City while taking Labor Studies courses at the City University of New York (CUNY) for a semester.

The program is open to all undergraduates, recent graduates and graduate students in all majors. In addition to a $1700 scholarship and a weekly $210 stipend, all participants receive 16 undergraduate credits or 12 graduate credits for their work and a Labor Studies Certificate.

Internships include a wide range of activities at a diverse group of unions and community organizations. New York Union Semester is an excellent career opportunity for young people interested in working for social and economic justice. For more information and an application go to www.unionsemester.org , e-mail the Program Coordinator, Amanda Plumb, at info@unionsemester.org, or call 212-642-2075.

Warren Samuels Prize

The Association for Social Economics (ASE), one of the founding member organizations of the Allied Social Science Associations, together with the Review of Social Economy, would like to invite submissions for the Warren Samuels Prize


This prize is awarded to a paper, presented at the January ASSA meetings, that best exemplifies scholarly work that:

• Is of high quality,
• Is important to the project of social economics,
• Has broad appeal across disciplines.

It is preferable that the paper is presented at one of the ASSA sessions sponsored by the Association for Social Economics. Papers will not normally exceed 6,500 words (inclusive of references, notes), and should follow the style guidelines for the Review of Social Economy.

The winner of the prize will be announced during the ASE presidential breakfast, to which the winner is invited. The winning paper may, subject to peer review, be published in the subsequent September issue of the Review of Social Economy. The winner of the Samuels Prize receives a $500 stipend.

The selection committee consists of:

The immediate Past-President of the ASE;
A Co-editor of the Review of Social Economy (Chair);
A member of the Editorial Board, Review of Social Economy.

It is the intent of the ASE to make this an annual prize, if possible. To begin, papers will be eligible for the 2008 ASSA meetings in New Orleans, Louisiana. Send your paper to the Corresponding Editor of the Review of Social Economy before December 5th, 2007.

William R. Waters Research Grant

This research grant is for faculty members, tenured or untenured with a rank below Associate Professor and for graduate students in Ph.D. programs who have not yet completed their dissertation. The purpose of the grant is to support research in Social Economics. The 2007 Grant in the amount of $5,000 was awarded to Tonia Warnecke from the University of Notre Dame. Download the documents for more information about the grant and application form.


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