Issue 50: October, 9 2007

From the Editor

The 50th issue of the Heterodox Economics Newsletter has a number of new Call for Papers and some interesting seminars and lectures. Being hiring season for heterodox economists, there are a number of interesting job postings. However, there must be more job postings for heterodox economists than this. If your department is hiring, could you send me an advert to put in the Newsletter. Also of particular interest are some new websites which you may no be aware of. Finally, under FYI, the winners of the AFEE-EAEPE Veblen prize are announced including, I am proud to say, a recent dissertation student of mine Dr. Zdravka Todorova.

Fred Lee

In this issue:
  Call for Papers
  - The 10th International Post Keynesian Conference
- Graduate Summer School in Post Keynesian Economics
- 10th Anniversary Conference of the Association for Heterodox Economics
- Second Annual Conference on the History of Recent Economics (HISRECO) Technical University of Lisbon
- URPE at the EEA 2008
- Developing Quantitative Marxism
- Cooperation
- Oeconomicus
- Convocatoria para Ensayos: Oeconomicus
- CHORD Workshop
- How Class Works
- Art, Praxis, and Social Transformation: Radical Dreams and Visions
- Building a New World
  Conferences, Seminars and Lectures
  - 1st Witten Lectures in Economics and Philosophy
- Science of Logic
- Marx and Philosophy Society Afternoon Seminar
- Returns of Marxism
- Seminaire Arc 2
- Cambridge Realist Workshop
- Envío del Programa del Segundo Seminario de Microeconomía Heterodoxa
- Berlin Conference 26-27 October 2007
  Job Postings for Heterodox Economists
  - Penn State University
- Eastern Washington University, Cheney and Spokane, WA
- City College of San Francisco
- Washington College
- University of Redlands
- Canadian Centre for Policy Alternatives - BC Office
- Purchase College (SUNY)
- De Anza College
- The Environmental Studies Program
- Starr Professorship in Women’s & Gender Studies
  Heterodox Conference Papers and Reports and Articles
  - Papers from A. Fiorito and G. Murga
- GDAE Papers
- Geoff Tily’s book on Keynes’s General Theory
  Heterodox Journals and Newsletters
  - Economia e Sociedade, Campinas
- JPKE Symposium on Monetary Policy
- New School Economic Review
  Heterodox Books, Book Series, and Book Reviews
  - The Confiscation of American Prosperity
- Frontiers in Ecological Economic Theory and Application
  Heterodox Websites
  - Council of Georgist Organizations
- DESA on Climate Change
- Portes Para El Debate Teorico
- International Sorokin-Kondratieff Institute
  For Your Information
  - The Veblen 150 Prize Winners: Announcement
- The Global Development And Environment Institute (
- The 2007 Routledge - GCP&S Essay Prize
- Elimination of the Tradition at University of Marburg, Germany

Call for Papers

The 10th International Post Keynesian Conference

Call for Papers
Theme: Post Keynesian Economic Policy
June 29- July 1, 2008
Kansas City- Missouri USA

More information will be forthcoming at  and  websites.
Contact: Heather Starzynski ( )

Graduate Summer School in Post Keynesian Economics

Call for Papers
June 26-28, 2008
University of Missouri- Kansas City and Center for Full Employment and Price Stability (CFEPS)
The faculty should submit a proposal for 1 hour class with class title and summary.
More information will be forthcoming at
Contact: Heather Starzynski ( )

10th Anniversary Conference of the Association for Heterodox Economics

4-6 July, 2008
Anglia Ruskin University, Cambridge
The Tenth Anniversary Conference of the Association of Heterodox Economics (AHE) will be held at Anglia Ruskin University, Cambridge from Friday 4th to Sunday 6th July 2008.
In ten years the AHE has established a reputation as a major national and international forum for the discussion of alternatives to mainstream economics, and for the interdisciplinary and pluralistic nature of its discussions. In this anniversary year we particularly encourage submissions on
(1) the state of economic heterodoxy and pluralism, and the relation between them
(2) experiences and difficulties in teaching heterodox and pluralist economics
(3) environmental and ecological economics
The conference invites submissions of single papers or sessions which conform to these aims, or address other issues in the social sciences from standpoints which differ from or critically examine the economic mainstream. A feature of the AHE is as a pluralist forum for dialogue, and we encourage proposals for sessions which address a single issue or theme from a variety of viewpoints or disciplines.
The international character of the conference has been a vital factor in its growing success. Scholars requiring documentation in support of visa or funding applications should indicate this in their initial submission. At present the AHE regrets that it has no funds to provide financial support, but is actively seeking it and welcomes proposals from participants regarding organizations for the AHE contact in search of support for participants from outside the US and European Union.
To facilitate dialogue and timetabling, participants whose initial submission is successful must provide a full paper by the deadline of Sunday 20th April. They should also register by Sunday May 18th, and will be expected to take part in at least two full days of the conference, in order to be included in the final programme. Participants should also be prepared to serve as discussants and/or session chairs.
This year poster sessions will also be organized for postgraduate or postdoctoral students who would like to discuss their work with others but are not yet in a position to provide a full paper.
The conference language is English.
Guidelines for submission
This year there will be two types of session, normal sessions and poster sessions. Normal sessions will be 90 minutes long and will usually consist of two papers with at least one discussant. Arrangements for poster sessions, which are intended to encourage new work by postgraduate or postdoctoral students, will depend on the number of submissions and will be announced nearer the date of conference.
Proposals for single papers: please send an abstract of not more than 500 words by email only to the local organiser, Ioana Negru (, AND the AHE coordinator, Alan Freeman ( Text, HTML, Word and PDF format attachments are acceptable. Please indicate in your submission whether your paper is intended for a normal or poster session.
Proposals for complete sessions: please send a description of the session of not more than 500 words together with the names and email addresses of the proposed speakers, and attaching abstracts for their presentations of not more than 500 words each for each paper. Please send these by email only to Ioana Negru and Alan Freeman, as above.
Proposals for either single papers or complete sessions should be received by Sunday 27th January.
The AHE Committee will consider all abstracts and will notify you of acceptance or rejection of your proposal by Monday 11th February 2008.
Those whose abstracts have been accepted for a normal session must send their full paper by Sunday 20th April 2008 and must register, for a minimum of two days of the conference, by Sunday 18th May 2008.
To see details of previous conferences, and to keep up to date with the 2008 conference and other AHE activities please visit:

Second Annual Conference on the History of Recent Economics (HISRECO) Technical University of Lisbon

5-7 June 2008

The Second World War and its aftermath marked a major stage in the establishment of economics as one of the dominant discourses in contemporary society. The spread of economic ideas into many areas of social life means that understanding their history offers opportunities for mutually profitable engagements between historians of economics, economists, other social scientists and historians of science. It also presents great potential for those working on the history of economics to broaden their audience beyond those that they have traditionally addressed.

The past decade has been witness to a surging interest in the history of economics post-WWII. This new scholarship has made good use to newly available source-materials, rehearsed new methodologies for the study of the past and looked across disciplinary boundaries for insights. In our first conference we were greeted by a wide-ranging sample of this work, among the subjects addressed being: the origins of the Chicago school, the development of postwar labour economics, the Cold War and dynamic programming, the intellectual origins of European competition policy, relations between psychology and economics and economists' influence on law.

Once again, we are inviting submissions of papers on the post-WWII era. Papers that deal with the period leading up to this may be considered, but only if they shed light on subsequent developments.
Our preference is for what has been termed 'historical' rather than 'rational' reconstructions or methodological reflections, but all proposals on the period will be carefully considered. We encourage proposals from scholars coming from history, economics, sociology, or any field that may yield insights. Proposals from doctoral students and junior researchers are welcomed.

If you are interested in participating, please submit a proposal containing roughly 500 words and indicating clearly the original contribution of the paper. The deadline for the submission of paper proposals is 15 October 2007. Notice of acceptance or rejection will be sent in November 2007 and completed papers will be due on 15 March
2008 so that we can provide feedback and then give discussants time to prepare worthwhile comments.

The organizing committee consists of:
Roger Backhouse (University of Birmingham) Philippe Fontaine (École normale supérieure de Cachan) Tiago Mata (Technical University of Lisbon)

All proposals and requests for information should be sent to:

URPE at the EEA 2008

Planning to submit a paper and/or organize a session for the upcoming Eastern Economics Association Conference in Boston (March 2008)?

Then consider organizing your session as an URPE session!

As we know the recent cutbacks of heterodox-oriented sessions at the ASSA Conference threaten theoretical diversity in the study of economics. The heterodoxy must stand its ground and to that effect URPE is soliciting proposals for papers and entire sessions to be organized under the auspice of URPE at the Eastern Economics Association Annual Conference. Let?s make a strong URPE presence at the EEA!


1. Presenters must adhere to all EEA guidelines regarding paper submission,
registration information and criteria.

2. Those who submit must be current dues-paying URPE members for 2008 in order
to be considered. Annual dues are inexpensive:
$20 membership alone,
$55 with year subscription to the Review of Radical Political Economics,
$30 with RRPE for low income or students.
Send payments to: URPE, 418 N. Pleasant St., Amherst, MA 01002-1735

Please submit your conference proposals and abstracts by October 31,
2007 to Scott Carter at the following email address:

Graduate students are especially encouraged to send in individual proposals as well as entire sessions!

Scott Carter can be reached at,  although inquiries may also be directed to the Yahoo address above.

Lets show how strong URPE presence at the EEA can send a powerful message to the profession!

URPE Submission Deadline : October 31, 2007 EEA Submission Deadline : November 8, 2007
EEA Date and Location : March 7-9, 2007, Boston, MA

Developing Quantitative Marxism

3rd-5th April 2008, Burwalls Hall, University of Bristol

Organised by School of Economics, University of the West of England, Bristol.

Offers of papers are invited for a conference on developing quantitative and empirical Marxism. This conference will pick up and develop the themes from the Quantitative Marxism book published in 1991 (see below). The book was well received and did have some success in showing the potential for Marxist analysis to confront data and engage in debate, but the impetus is waning and it seems that bringing together some of the researchers in the area might provide further momentum. The effects of the RAE have been to marginalise Marxist and other heterodox economists and their position remains weak within the profession. It is not all the result of external attacks, too often, while Marxists have been having their internal rows, orthodox economists have lifted a lot of the interesting ideas of quantitative Marxism to make them mainstream. This new initiative will try to develop empirical Marxist analysis as an alternative perspective to the prevailing orthodoxy and try to create a coherent, influential and self sustaining research agenda.

Papers are invited on any Marxist economics topics that deal with empirical issues and/or use quantitative information and methods. The intention is not to debate the validity of the approach, but to use it to show the power and potential of Marxist analysis of capital. The areas covered in the 1991 book may well be revisited but it is also expected that the papers will develop a more comprehensive and contemporary research agenda.

Confirmed participants include: Andrew Brown; Meghnad Desai; Paul Dunne; Ben Fine; Chris Forde; Alan Freeman; Andrew Glyn; David Harvie; Bruce Philp; Gary Slater; Ron Smith; Dave Spencer; Ali Tasiran; Andrew Trigg; Julian Wells

Please send a title and abstract as soon as possible and before 30th Nov 2007 to:
Professor J Paul Dunne
School of Economics,
Bristol Business School,
University of the West of England,
Bristol BS16 1QY

The deadline for full papers will be 1st March 2008.

To keep up with developments see:
P Dunne (ed) (1991) Quantitative Marxism. Cambridge: Polity Press.

Notes on Contributors
Preface and Acknowledgements
1. An Introduction to Quantitative Marxism
Paul Dunne
2. Methodological Problems in Quantitative Marxism
Meghnad Desai
3. The Context of the Transformation Problem
Simon Mohun
4. The British Coal Industry before Nationalisation: A Role for Quantitative Marxism
Ben Fine
5. National Accounts in Value Terms: The Social Wage and Profit Rate in Britain 1950-86
Alan Freeman
6. Challenging Stock Market Efficiency
Jerry Coakley
7. The ‘Reserve Army Hypothesis’: A Survey of Empirical Applications
Francis Green
8. International Trends in Profitability
Andrew Glyn
9. Marxian Crisis Theory and the Rate of Profit in the UK Economy, 1957-85 David Moreton
10. Macroeconometric models: A Critical Introduction
Paul Dunne
11. Modelling Economic Recovery
T. J. O’Shaughnessy
References and Bibliography


Call for Papers for the 2008 SEA Annual Meeting
Cincinnati, OH
April 3-5, 2008

Cooperation is central to human sociality. Before we were human we were social. The currently dominant neo-liberal paradigm emphasizes the social benefits of competition and the organizational benefits of hierarchy. For the 2008 SEA meeting, we are inviting data-driven papers which examine effects and understandings of complementary and alternative patterns of cooperation in human economic life. As the possible range of categories below suggests, research relevant to this topic spans all subfields of anthropology and will hopefully attract scholars from other social sciences and the humanities as well:
1. Methods for Defining and Investigating Cooperation in Economic Life
It is easy to take notions of cooperation for granted, but it’s nice to think we’re all actually talking about the same thing when we use the word. What do we want to include, exclude, as we make our definitions explicit? How will different definitions lead to different research results and practices?
2. Cooperation and Exchange
Shall we include exchange as a sort of cooperation? Does one necessarily imply the other? Require the other?
3. Cooperation and Production
The Marxian paradigm starts analysis with production in society rather than exchange between individuals and takes relationships as its basic unit of analysis. Is any production possible without cooperation? Without exchange?
4. Cooperation and Consciousness
The same dynamic drives the calculi of equilibrium theory in economics and natural selection, but the former requires reference to conscious actors that the latter does not. Do we need to know we’re cooperating to do so? Can we think we are when we aren’t? Can we think we aren’t when we are? And how can humans have come from the latter to the former along our evolutionary path?
4. Cooperation and Human Evolution
Results of experiments in economics show wide differences between Homo economicus and Homo sapiens. How can we know if it is our nature to truck and barter when, where, how much, and what else?
5. Cooperation and Social Evolution
And was our sociality always hierarchical, if only to a degree? What can we learn from the works of woman and man about the place of cooperation in the continuous consolidation, transformation and elaboration of human societies?
6. Cooperation Captured
Millions of people participate in economic organizations called “co-operatives.” Can we learn anything about cooperation from them? Can we make them work better from what we learn elsewhere about cooperation?

Poster presentations:
The SEA always welcomes posters on any topics in economic anthropology. The organizer encourages students and scholars whose work may not fit the central theme of the meeting to submit a poster. We will have a special poster session/reception during the meeting. Posters presenters who focus on the meeting theme may be asked to complete a finished paper for publication in our annual volume.

The SEA meetings provide a rare opportunity for a focused and coherent program of presentation, with time for critical discussion in a convivial intellectual setting. About 15 papers are selected from abstracts for a program that allows 20 minutes for presentation and 20 minutes for discussion in a single plenary session over two days; around 30 additional abstracts will be selected for the poster session. Each SEA conference also produces a book on the conference theme. Submitting a paper for the plenary session is also a commitment that you wish to be considered for inclusion in this volume.

We encourage archaeologists to submit abstracts as well as other anthropologists, economists, historians, geographers and social scientists concerned with economy-ecology linkages. Send an abstract for a paper or poster of 400-600 words to Bob at or Department of Anthropology, WWU, 516 High St., Bellingham, WA 98225 by Nov. 16, 2007).


An all-student interdisciplinary journal of economic issues

Oeconomicus is an interdisciplinary journal of economic issues written, refereed, edited and published by current undergraduate, M.A., and Ph.D. students in the social sciences. The focus of the journal is on critical or heterodox approaches to issues of economic methodology and theory, history of economic thought, economic history, political economy, and economic policy. All heterodox traditions within the social sciences—including, but not limited to, Marxist, Institutionalist, Post Keynesian, Austrian, Feminist, and Poststructuralist/Postmodern—are welcome in the journal. Oeconomicus is sponsored by the Economics Club at the University of Missouri-Kansas City (UMKC) and is published annually.

We are currently soliciting submissions for our 2007-2008 issue and welcome students at all levels to submit full-length articles, book reviews, interviews or comments. Submissions should be no more that 5000 words and in MS Word format. Submissions and enquiries should be sent to the editors at The deadline for submissions is December 1st, 2007. For further information about detailed instructions for authors, the journal, the Economics Club and/or the UMKC Economic Department please visit our website

Convocatoria para Ensayos: Oeconomicus

Un diario sobre problemas económicos dirigido a estudiantes de diversas disciplinas en el área de las ciencias sociales.

Oeconomicus es un diario interdisciplinario sobre problemas económicos, escrito, dirigido, editado y publicado por estudiantes de licenciatura, maestría y doctorado en diversas ramas de las ciencias sociales. El diario esta enfocado en una perspectiva critica o heterodoxa hacia problemas de metodología y teoría económica, historia del pensamiento económico, política económica y economía publica. Todas las tradiciones heterodoxas dentro de las ciencias sociales —Marxismo, Institucionalismo, Post Keynesianismo, Austriaco, Feminista, Post Estructuralismo/Post Modernismo y todas aquellas no mencionadas—son bienvenidas en nuestra publicación. Oeconomicus tiene publicación anual es patrocinado por el Club de Economía en la Universidad de Missouri--Kansas City (UMKC).

Estamos convocando a estudiantes de diversas universidades en América Latina y de todos los niveles (licenciatura, maestría, y doctorado) a presentar artículos, revisión de libros, entrevistas, o comentarios para nuestra edición anual (2007-2008). Los documentos entregados deber ser en formato MS Word, con una extensión máxima de 5000 palabras, y preferentemente en ingles. Para preguntas con referencia a entregas, traducciones español-ingles, características detalladas del formato pueden dirigirse a los editores del diario a: La fecha limita de entrega es el 1 de Diciembre del 2007. Para información adicional sobre el Diario, el Club de Economía, y el Departamento de Economía en UMKC por favor visite nuestra página de Internet:

CHORD Workshop

BEYOND THE SHOP, 1500-2000:
Acquisition and Exchange Outside the Formal Market

2 April 2008

CHORD invites all interested researchers to a workshop devoted to the discussion of selling, acquiring and exchanging commodities and services outside the ‘formal’ retail market. Proposals are invited for papers exploring any aspect of this topic, and focusing on any geographical area. Areas of interest include (but are not limited to):

- Gifting and Lending
- Charity
- Hawking and Street Selling
- Theft
- Barter and Exchange
- Self-provisioning, Making and Mending
- The relationship between ‘formal’ and ‘informal’ markets
- Garage Sales, Jumble Sales, Car Boot Sales ...

The workshop will be held at:
the University of Wolverhampton, UK

Please send proposals (including title and c. 200 words abstract) to the address below by 18 January 2008. Fee: £ 9. For further information, please contact Dr Laura Ugolini, HAGRI / HLSS, Room MC233, University of Wolverhampton, Wolverhampton, WV1 1SB, UK. E-mail:

Or see:

How Class Works

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

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

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

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

Art, Praxis, and Social Transformation: Radical Dreams and Visions

The Eighth Biennial Radical Philosophy Association Conference
November 6-9, 2008, San Francisco State University, San Francisco, CA

"Art is...the secret confession, and at the same time the immortal movement of its time." — Karl Marx
“We have art in order not to die from the truth." — Friedrich Nietzsche

We live at a time when it has become increasingly difficult to break free from what Herbert Marcuse and others have called "the given." Art has long served as a tool for doing just that— as a form of critical reflection and a source of alternative visions. At the same time, art has served to reinforce the status quo, whether through comics of "happy" African slaves, the design of certain buildings and monuments, or sleek commercial and political advertisements. In the situation we confront today, what role might art play in enabling us to think, imagine, and go beyond "the given"? Does art have more potential to disclose truth or distract us from it? Is it more likely to be a tool for revolution or a means of co-optation? For instance, art is used in various media to short-circuit our capacity for critical reasoning by surrounding us with enticing, confusing, and misleading imagery. Can alternative forms of art offer a different viewing and thinking experience, and if so, how effective can they be in influencing how people think about social problems? Who decides what should count as "art" in our culture, and how should that be decided? Do popular art and popular culture merely entrench dominant social relations, or can they help us to put them in question and overthrow them? Today, as we struggle to understand and contend with various forces of social reaction, exclusion, and oppression, it seems timely to ask what role art might play in renewing critical consciousness and social transformation.

Proposal Submission Instructions: We invite submissions of proposals for papers, panels, workshops, poster sessions, performances, and other types of conference contributions on all topics related to radical philosophy and praxis. Some preference will be given to those which reflect the conference theme. We invite submissions from philosophers and theorists who work inside and outside the academy in areas including but not limited to ethnic studies, women's studies, social sciences, and literary studies. We encourage contributions from graduate students and from those who are often excluded from or marginalized in traditional academic disciplines and professional organizations, including people of color, gays and lesbians, persons with disabilities, and poor and working-class persons. We also encourage submissions that challenge standard conference presentation format and that emphasize collective inquiry and interaction between participants and audience. Individual papers should be limited to 3000 words, for a 20-25 minute presentation. Presentation sessions will be two hours. Panels will not be scheduled with more than three participants. Participants are eligible for one presentation only.

In your proposal submission, please include:

1. Name, contact information, and affiliation of presenter(s),
2. Title of presentation paper(s), panel, workshop, poster session, performance, etc.,
3. Abstract of 250-500 words for each individual presentation paper; and/or,
4. Description of panel, workshop, etc., including siting, audio-visual, and other requirements.
5. Let us know if you are willing to serve as chair for a panel or workshop that needs one.

Send your proposal by March 8, 2008 to; or Peter Amato, RPA ‘08, English & Philosophy Department, Drexel University, 3141 Chestnut St., Philadelphia, PA 19104. Information about accommodations at: For detailed info: Call for Papers 2008.doc

Building a New World

Moving Past Empire Towards New Local and Global Paradigms
May 19-25, 2008, Radford, Virginia 

The Building a New World Conference will open on Monday, May 19, with Registration and the Keynote Address. The General Conference begins on Tuesday morning, May 20 and concludes Sunday morning, May 25. It will feature Presidential Sessions, Critical Issues sessions, and Paper, Poster and Workshop presentations. Evenings will offer documentaries, entertainment, veterans' voices, and roundtable brainstorming for solutions. For detailed info: Building a New World.doc


Conferences, Seminars and Lectures

1st Witten Lectures in Economics and Philosophy

Professor Kenneth Arrow, Stanford University, Nobel Laureate of Economics in 1972 will deliver the 1st Witten Lectures in Economics and Philosophy
“Social Values and Government Policy”, October 23, 2007 at 6pm (Audimax) and “Social and Economic Values and Obligations”, October 24, 2007 at 6 pm (Halle) Witten/Herdecke University, Alfred-Herrhausen-Str. 50, 58448 Witten, Germany

Witten/Herdecke University launches in 2007 the ‘Witten Lectures in
Economics and Philosophy’ which will be delivered annually at the
University. Appointment as a Witten Lecturer is a recognition for uncommon achievement and outstanding quality in the field of economics and philosophy widely interpreted to include work that has fundamentally changed the way we think of the economic, political or social order. The delivery of the Witten Lectures in Economics and Philosophy is accompanied by an award of 15,000 EURO.
An international committee consisting of 8 members decides the recipient of the award:
Prof. C. Mantzavinos, Witten/Herdecke University, Chairman (ex officio)
Prof. Bertil Tungodden, University of Bergen, editor of Economics and
Philosophy (ex officio)
Prof. Hans Albert, University of Mannheim
Prof. Luc Bovens, London School of Economics and Political Science
Prof. Geoffrey Brennan, Australian National University and Duke University
Prof. John Broome, University of Oxford
Prof. Uskali Mäki, Academy of Finland
Prof. Philip Pettit, Princeton University

Science of Logic

The London Marx-Hegel reading group continues to make headway with the "Science of Logic". Last term we reached Contradiction, and that is what we'll commence the Autumn programme with, in the hope of completing the Doctrine of the Notion in the course of 2007-08. Details can be seen at .  All Welcome! If you have any queries about the group, please contact Andy Denis at

Marx and Philosophy Society Afternoon Seminar

Saturday 13th October 2007, 2.00pm - 5.30pm The Knowledge Lab, University of London Institute of Education, 23-29 Emerald Street, London WC1


Roberto Veneziani
(Queen Mary University of London)
'Analytical Marxism: A Critical Appraisal'

G.M. Tamas
(Hungarian Academy of Sciences)
'Rudiments for a Political Philosophy of Socialism'

Abstracts and Roberto Veneziani's paper are posted at <>.

There is no registration charge but space is limited, so please book in advance by sending an email to

Directions and map:   If coming from Lambs Conduit Street, go down the alleyway running alongside the bike shop and the Knowledge Lab is at the end on the right.
Tube stations: Holborn and Russell Square.

Returns of Marxism

In recent years we have seen a renewed interest in Marxism worldwide. A new generation is discovering the fertility of the many traditions of Marxism for understanding and attempting to change the world. This seminar series aims to bring together scholars, writers and activists from different fields in order to discuss the relevance of Marxist ideas for contemporary debates. One seminar will be held regularly each month, with occasional lectures by visitors at other times.

Returns to Marxism is presented by the International Institute of Research and Education ( )   
In order to receive regular updates and newsletters, please register by
sending an email to 

Tuesday, 2nd October 7.30 p.m.
IIRE, Lombokstraat, 40
Roland Boer, Monash University, Australia,
A Difficult Love Affair? On the Relation Between Marxism and Theology

Tuesday, 9th October 7.30 p.m.
IIRE, Lombokstraat, 40
Peter Thomas, University of Amsterdam,
The Marxist theory of the State today

Seminaire Arc 2


Salle 216
Panthéon Sorbonne

12 novembre
Discrimination et politiques publiques
Organisée par D. Gatti et A. Ghirardello

11 février
La monnaie dévoilée par ses crises
Organisée par F. Lordon, A. Orléan, B. Théret

14 avril
Les "nouvelles universités" en Europe
Organisée par P. Petit, C. Vercellone

16 juin
Finance et économie de la connaissance
Organisée par E. M. Mouhoud, B. Paulré, D. Plihon

Les informations relatives au calendrier du séminaire ARC2 sont disponible au lien suivant :

Cambridge Realist Workshop

Programme for Michaelmas Term 2007

Drinks from 7:30p.m. Seminar starts at 8 p.m.

Centre for Research in the Arts, Social Sciences, and Humanities (CRASSH)
17 Mill Lane, Cambridge
Anyone interested is welcome.

October 08 Tony Lawson (Cambridge)
Some Problems of Modern Economics (and a solution)

October 15 Tony Lawson (Cambridge)
What is Heterodox Economics?

October 22 Brian Pinkstone (University of Western Australia)
Some Applications of Critical Realism

October 29 Geoffrey Ingham (Cambridge)
Recent Debates on the Nature of Money

November 05 Ben Fine (SOAS London)
The Economics of Identity and the Identity of Economics

November 12 Geoffrey Hodgson (University of Hertfordshire)
Prospects for Economic Sociology

November 19 Arnoud de Meyer (Cambridge)
Making Sense out of Empirical Data on Technology Management'

November 26 Erik Olsen (University of Missouri-Kansas City)
Rethinking Social Ontology in Political Economy

Envío del Programa del Segundo Seminario de Microeconomía Heterodoxa

Puede también consultar las ponencias del seminario en el sitio del
Seminario de Economía Heterodoxa en:

Y en el sitio espejo:

Además el anuncio desde la página de actividades académicas:

Berlin Conference 26-27 October 2007

Call for participants
The Research Network Macroeconomic Policies would like to invite you to participate in its 11th conference on
Finance-led Capitalism? Macroeconomic Effects of Changes in the Financial Sector,
Berlin, 26--27 October 2007,
Best Western Hotel Steglitz International, Albrechtstr. 2, 12165 Berlin.
Please find the preliminary conference programme and the registration form attached. Please observe the deadline for registration which is October, 15. Conference papers and further information on the conference are available on the conference website
There are no conference fees. Meals will be covered by the Hans Boeckler Foundation. Participants have to cover their travelling and hotel costs.

Download conference program and registration form.


Job Postings for Heterodox Economists

Penn State University

Faculty Position Announcement, 2007-2008

Penn State, Department of Labor Studies and Employment Relations, University Park, PA

The Department of Labor Studies and Employment Relations at Penn State University invites applications for a faculty appointment at the Assistant Professor or Associate Professor rank to begin August 2008.

The Department welcomes applications from all candidates with strong backgrounds in labor and employment relations and related social sciences. We are particularly interested in candidates with research and teaching interests in organizational behavior, industrial relations, human resources, international and comparative employment relations, workplace diversity, and new approaches to work and employment.

Applicants should possess a Ph.D. in a relevant discipline. Candidates for the Assistant Professor rank should possess significant research and funding potential; candidates for the Associate Professor rank should have a strong research record and a demonstrated ability to obtain external funding.

The Department of Labor Studies and Employment Relations is a multidisciplinary department with a large undergraduate program and a strong, masters program.

The Department has existing strengths in industrial relations, human resources, comparative employment relations, and work and family. Applications consisting of a letter of application, curriculum vitae, three reference letters, and a writing sample should be sent to: Paul Clark, Professor and Head, Department of Labor Studies and Employment Relations, The Pennsylvania State University, 133 Willard Bldg., Box URPE, University Park, PA 16802. Applications received by October 15, 2007, will be assured of consideration; however, all applications will be considered until the position is filled. Penn State is committed to affirmative action, equal opportunity, and the diversity of its workforce.

Eastern Washington University, Cheney and Spokane, WA

Tenure-track opening for Assistant Professor beginning September 2008. A Ph.D. in Economics is required, or ABD with dissertation completion within one year. Position requires interest/skills for effective teaching and demonstrable ability to maintain on-going research and professional activities. Most interested in micro and macro theory, applied micro, development, mathematical economics and public finance, but will consider other specialties. Our primary mission is to successfully prepare undergraduates for employment and/or graduate school. Economics is part of the dynamic College of Social and Behavioral Sciences specializing in innovative interdisciplinary and area studies and encouraging academic entrepreneurs. More position description at

EWU is committed to affirmative action and equal opportunity. We encourage applications from members of historically underrepresented groups. Non-citizen candidates must provide documentation demonstrating immediate employment eligibility pursuant to U.S. immigration laws. Position open until filled, with review of applicants to begin immediately. Apply by regular mail, e-mail or FAX by sending a letter of interest, CV, evidence of teaching, evidence of research and professional activity, and three letters of recommendation to: Professor Tom Trulove, Chair, Department of Economics, Eastern Washington University, 300 Patterson Hall, Cheney, WA 99004; E-mail;  FAX (509)359-6983.

City College of San Francisco

Full-time, Economics and Statistics Instructor for Heterodox Economist
For further information: 
Visit the Human Resource Department website at for all job announcements.

Washington College

Urban/regional economics
Tenure track opening for an entry-level Assistant Professor of
Economics to teach undergraduate economics courses starting in August
of 2008.Expertise in urban/regional economics required. Teaching load is three courses a semester. The candidate should have a Ph.D. or expected by time of appointment. Applicants should send electronic versions of a letter of application, curriculum vitae, teaching evaluations, and 3 letters of recommendation to Ms. Cynthia Foster, Faculty Secretary, at Review of applications will begin on December 1, 2007. Representatives will interview candidates at the AEA meeting. Washington College is a selective liberal arts college of 1400 students within driving distance of Washington DC, Baltimore, and Philadelphia. An equal opportunity-affirmative action employer.

University of Redlands

The University of Redlands invites applications for a full-time, tenure track position in the Department of Economics, beginning September 2008, with the following teaching responsibilities: Introduction to Statistical Methods and Principles of Microeconomics as required by departmental needs, Intermediate Microeconomics, Industrial Organization and Econometrics. Appropriate training in applied microeconomics and applied econometrics is required. An appreciation of the liberal arts perspective is expected, and an acquaintance with heterodox economics and alternative paradigms is welcomed. Candidates must have completed the Ph.D. in economics by the time of appointment. Rank is open. Salary is dependent upon rank. The teaching load is six courses per year.

Send application letter, statement of teaching philosophy, curriculum vitae, evidence of teaching competency, sample of written work, official graduate school transcripts, and three letters of reference to Chair, Search Committee, Department of Economics, P.O. Box 3080, Redlands, CA 92373-0999. Queries may be directed to Please send materials through the mail. E-mail attachments will not be accepted. Candidates seeking interviews at the January 2008 ASSA/AEA meeting in New Orleans should submit credentials by November 30, 2007. Position remains open until filled. The University of Redlands is a private, comprehensive liberal arts institution located sixty miles east of Los Angeles, and is an equal opportunity employer. We actively encourage applications from women and under-represented populations. Additional information about the University and its mission and facilities is available at

Canadian Centre for Policy Alternatives - BC Office

Job Opportunities: Public Interest Researcher and Inequality Researcher
With the Canadian Centre for Policy Alternatives - BC Office

Closing date: Thursday October 18, 2007, 4:00 PM
Duration: This is a permanent full-time staff position (we are open to candidates wishing to work 0.8 time).

The CCPA offers a competitive NGO salary range, a generous benefits package and excellent vacation provisions. For detailed info: Canadian Centre for Policy Alternatives.doc

Purchase College (SUNY)

Purchase College (SUNY) Department of Economics has the following openings:

Spring 2007. Adjuncts appointments for Spring 2007. One or more adjuncts to teach a course on the economics of Latin America and/or business courses related courses.

Academic year 2008-2009: adjunct or half time (leave) appointment in political economy. Desirable fields in addition to those listed above: history of thought, labor economics, and feminist economics. Adjunct appointment in business related courses.
In most cases the classes would meet twice a week (M, Thurs. OR Tues, Fri) during the day.

Purchase College is a selective liberal arts school with a heterodox economics major, and an elective concentration in business. The College is 35 miles from Manhattan and reachable by car or public transportation. Please send cover letter, CV, graduate school transcript, evidence of teaching ability, and three letters of reference (or names of referees whom you have requested to send letters) to Professor Peter F. Bell, School of Natural and Social Sciences, Purchase College, New York 10577.

Please see the job announcement below for an economics instructor at De Anza College, located in Cupertino, CA.

REVIEW DATE: 11/09/07
Competitive salary, plus full benefits for you and eligible dependents.
If interested, or if you need more information on our application process, please visit us on the web:  or
contact us at:
Employment Services
Foothill-De Anza Community College District
12345 El Monte Road
Los Altos Hills, California 94022
(650) 949-6217

De Anza College

Economics Instructor
Review Date: 11/09/07
The Foothill-De Anza Community College District is currently accepting applications for the faculty position of Economics Instructor, De Anza College. For detailed info: De Anza College.doc

The Environmental Studies Program

The Environmental Studies Program at San Francisco State University is looking for a lecturer to teach our new Economics and the Environment course this coming spring. The course is expected to have both ecological and environmental (neoclassical) economics perspectives. The class will have a maximum of 40 students and will meet once a week for two hours and 40 minutes.

If you are interested please send me a resume. If you would like further information please get in touch. Additional information about the environmental studies program is available on

Starr Professorship in Women’s & Gender Studies

Martha Jane Starr Missouri Distinguished Professorship in Women’s & Gender Studies. UMKC’s College of Arts & Sciences invites nominations and applications for the Starr Professorship in Women’s & Gender Studies, a joint appointment in WGS and the appropriate A&S department. Area of expertise is open, but applicants must present a distinguished record of scholarship and teaching in Women's and/or Gender Studies. Appointment is at the rank of Associate Professor or Professor. Send nominations or applications, including letter, CV, and names of three references, to: Dr. Kathy Krause, Director of WGS, Foreign Languages & Literatures, SC 218, University of Missouri-Kansas City, 5100 Rockhill Road, Kansas City, MO 64110-2499,  First consideration will be given to applications received by November 30, 2007.  For detailed info: StarrAdLong.doc


Heterodox Conference Papers and Reports and Articles

Papers from A. Fiorito and G. Murga

John Maynard Keynes: Lectura e Interpretaciones by A. Fiorito and G. Murga
Piero SraffaL La Implosion de la Economia Neoclasica by A. Fiorito

GDAE Papers

It was a busy summer for climate economics research at GDAE, with several new publications released.

Debating Climate Economics: The Stern Review vs. Its Critics, a report to Friends of the Earth-UK, by Frank Ackerman.
British economist Nicholas Stern, in a report to the UK government released in late 2006, found that the benefits of immediate, active climate mitigation measures would be several times as great as their costs. Other economists, many of whom have come to different conclusions, were quick to criticize Stern’s conclusions. In this report, Frank Ackerman reviews the debate around the Stern Review, examining the range of economists’ views of the appropriate discount rate, the treatment of uncertainty, and the calculations of costs and benefits. The Stern Review gets many things right, and reaches a more believable conclusion than many of its critics. It may understate the importance of uncertainty, and exaggerate the completeness and significance of cost-benefit analysis – but it pushes the world in the right direction.

Law and Economics for a Warming World, by Lisa Heinzerling and Frank Ackerman, Harvard Law and Policy Review volume 1, no. 2, pp.331-362.

Both law and economics offer frameworks for understanding public policy – and both require changes in order to respond effectively to the challenge of climate change. Contrary to implicit conservative assumptions, maintaining the status quo is not an option; “business as usual” will lead to rapidly worsening results as greenhouse gas emissions continue to rise. The causal links between actions and impacts extend across centuries; the most important effects of our actions occur long after our lifetimes. The consequences, and probabilities of damages, from climate change are incalculable in detail, although worsening in general. Each of these problems compels a rethinking of aspects of both law and economics, as Lisa Heinzerling and Frank Ackerman explain in this article.

The Carbon Content of Japan-US Trade, by Frank Ackerman, Masanobu Ishikawa, and Mikio Suga, Energy Policy, volume 35 no. 9, September 2007, pp.4455-4462.
How much carbon is “embodied” in world trade? If one country imports carbon-intensive products from another, should the production emissions be attributed to the consuming nation rather than the producer? A growing empirical research literature addresses these questions. In the first study to examine the carbon content of trade between the world’s two largest industrial economies, Ackerman, Ishikawa, and Suga find that the US, on balance, is a small net importer of carbon from Japan – and that both countries are large net carbon importers from the rest of the world. In Japan-US trade, carbon-intensity of production has a weak but significantly positive correlation with comparative advantage. This article is the final product of a two-year research project, supported by the Japan Foundation/Center for Global Partnership, and co-directed by Professor Masanobu Ishikawa, of the economics department at Kobe University in Japan, and by Frank Ackerman.

The Economics of Inaction on Climate Change: A Sensitivity Analysis, by Frank Ackerman and Ian Finlayson, Climate Policy, volume 6 no. 5 (2006), pp.509-526. (Despite the nominal publication date, this first appeared in print in mid-2007.)
Why do economic models of climate change so often find that the “optimal” policy is to do very little about this serious global threat? Frank Ackerman and Ian Finlayson examine the widely used DICE model, focusing on its choice of a discount rate, its somewhat dated science [in the 1999 version, the latest available when the article was written], and its curious assumption of global net benefits from moderate warming. Alternatives to these three assumptions cause significant changes in the model’s optimal policy, resulting in a high and rising carbon tax which would stimulate immediate, large-scale mitigation. In view of the ambiguities of such cost-benefit calculations, it would be preferable to pursue a cost-effectiveness analysis of the least-cost strategies for achieving safe levels of atmospheric CO2. (Previously circulated as a working paper, this article finally survived the struggle into peer-reviewed publication!)

Read more about GDAE's work on the Economics of Climate Change

Geoff Tily’s book on Keynes’s General Theory

The Post Keynesian Study Group (UK) website has been updated with Jan Toporowski’s review of Geoff Tily’s book on Keynes’s General Theory: 


Heterodox Journals and Newsletters

Economia e Sociedade, Campinas

v. 16, n. 2 (30), p. 131-287, ago. 2007.

Albert Hirschman in Latin America and his trilogy on economic development
Ana Maria Bianchi
This paper discusses Albert Hirschman’s trilogy on economic development, which was inspired by his extended stay in Latin America and by his travels to several developing countries during the 1950s and the 1960s. After a review of each book making the trilogy there is a methodological section, where I discuss Hirschman’s tendency to trespass disciplinary boundaries, his deep concern with practice and political relevance, and his empirically oriented method of research. The closing section raises some possibilities for further research.
Key words: Hirschman, Albert O., 1915-; Latin America – Economic development.
JEL A31, O10.

Reputation, credibility and transparency of the monetary authority and the state of expectations

Gabriel Caldas Montes
Carmem Aparecida Feijó

For the development of a theory that looks for an explanation about how monetary policy affects the economy it is necessary to understand how economic agents make decisions based on their expectations and confidence. Therein, it is important to know the determinants of expectations and confidence and how these are affected by monetary authority. Using as theoretical references (i) the scheme developed by Dequech (1999a) about the determinants of expectations and confidence; (ii) the assumptions that support the non-neutrality of money; and (iii) the literature about reputation, credibility and transparency, the article seeks to demonstrate the influences of reputation-credibility-transparency trinomial for the state of expectations of the agents, and, consequently, for the monetary policy capacity to affect employment and income keeping prices stability.
Key words: Reputation; Credibility; Transparency; Expectation; Confidence.
JEL D84, E12, E52, E58.



JEL: F33, F36, F43.

Earnings in the tertiary sector in Brazil: the contrast between public and private workers

Daniela Verzola Vaz
Rodolfo Hoffmann

Using data from an annual household survey (PNAD), this study analyses the behavior of the wage gap between public and private formal workers from the tertiary sector in Brazil from 1992 to 2005. Earnings equations are estimated separately for these two groups. Such equations allow us to evaluate the effect of age, gender, schooling, color (race), position in the occupation, weekly working time and other factors on earnings of each category. Blinder-Oaxaca methodology reveals how much of the wage gap between the workers of both sectors is due to differences in productive endowments and how much is due to other factors, such as the existence of segmentation between the public and the private labor market in Brazil. An important result is the increase of the wage gap between the two groups of workers, mainly of the part that can not be explained by workers´ productive endowments.

Key words: Wage differentials; Income inequality; Public sector; Labor markets.

JEL D31, J31, J45.

The antitrust policy in Brazil: an analysis of CADE (1994-2004) Título em ingles

Marina Moreira da Gama
Ricardo Machado Ruiz

The antitrust policy is built through antitrust agency’s decisions that are, in Brazil, pronounced by CADE. To appraise CADE’s decisions, thus, is to appraise the antitrust policy in Brazil. This implies that is necessary to know if such decisions are consistent with the antitrust theory. The purpose of this paper is to verify the theoretical consistency of CADE’s decisions. To get there, 330 Counsel’s votes are analyzed on the legality lifetime of the 8.884/94 Law, between 1994 and 2004. The paper’s conclusion is that there is a general fragility in antitrust theory’s application by CADE.
Key words: AAntitrust; RRelevant market; MMarket power; CADE.
JEL L40, L44, K21.

The evaluation of agriculture growth in Brazil: time period from 1970 to 2003

Clailton Ataídes de Freitas
Carlos José Caetano Bacha
Daniele Maria Fossatti

This paper analyzes Brazilian agricultural development from 1970 to 2000, highlighting how this process took place differently among Brazil’s states. Special attention is paid to the role of physical and human capital over Brazilian states’ agricultural development process. The main findings are: first, all Brazilian states show low levels of human capital at their agricultural sector; especially the Northeastern states what have the nationwide lowest level of formal education among their workers. The latter partially explains the nationwide lowest rank of Northeastern states’ agricultural sector. Second, capital use intensification has risen by 5% per year, in average. However, the Northeastern states show lower increase for this parameter. Regional differences into the agricultural sector are evident and they are not disappearing by themselves. At the end, the paper suggests some policies that can reduce these regional differences.
Key words: Agricultural development; Regional imbalances; Capital use intensification; Human capital.
JEL O13, Q10, R12.

Economy and labour in the south of Minas in century XIX
Isaías Pascoal

The knowledge of how the economic production and organization of the work in Minas Gerais were structuralized in the century XIX has been enlarging in the last decades, compelling to a review of traditional theses. However, this article recognizes the inestimable value of the economic studies, in general and local level, it emphasizes the importance of taking in account factors that are beyond the economic perspective, to compose a richer and more complex picture that allows the understandment of the greater number of variables as possible that are responsible for the way the economy and labour, effectively, were organized in an arrange that allowed their reproduction beyond the XIX century.
Key words: Slavery; Economy; Reproduction; Labour; Revision.
JEL R100, R200, Z100, J210, N900.

JPKE Symposium on Monetary Policy

VOLUME 17, NO. 3, FALL 2007

The State of Post Keynesian Interest Rate Policy: Where are we and where are we going?
Louis-Philippe Rochon

“Interest Rates, Income Distribution and Monetary Policy Dominance: Post-Keynesians and the ‘Fair Rate’ of Interest.”
Louis-Philippe Rochon and Mark Setterfield

“Why Money Matters: Wicksell, Keynes and the New Consensus View on Monetary Policy.”
Giuseppe Fontana

“Macroeconomics and Monetary Policy: Competing Theoretical Frameworks”
Thomas Palley

“Fiscal policy in a stock-flow consistent (SFC) model”
Wynn Godley and Marc Lavoie

“A Real Interest Rate Rule for Monetary Policy?”
John Smithin

“A Post Keynesian View of Central Bank Independence, Policy Targets, and the Rules versus Discretion Debate.”
Randy Wray

New School Economic Review

New School Economic Review is now available at,  this is our development issue, with a number of contributions from across economics, and I thought this would be of interest as we are advocating a pluralist approach to economics, and hope to develop this further in future issues.

There is also a call for papers for the next open topic issue due in spring 2008, which I thought would be interesting with respect to the many presentations I attended in Utah this summer.

New School Economic Review vol. 2(1)

The Development Issue - an Introduction (to the NSER).....................................3
Benjamin H. Mitra-Kahn

Questioning Development Orthodoxy..................................................................5
Cameron Weber & Matthias Thiemann

Health, income and public institutions: Explaining Cuba and Costa Rica............22
Tim Anderson

Peace Economics: Private Sector Business Involvement in conflict prevention....38
Katharina Folgenhauer

Volunteer child soldiers as reality: A development issue for Africa......................49
Alice Schmidt

The North-South environmental crisis: An unequal ecological exchange analysis.......77
George Howell

The NSER is a bi-annual on-line economics journal, which is free to subscribe to, by mailing


Heterodox Books, Book Series, and Book Reviews

The Confiscation of American Prosperity

The Confiscation of American Prosperity: From Right-Wing Extremism and Economic Ideology to the Next Great Depression (Hardcover)

by Michael Perelman

This book resembles a crime story in four parts. The first part, The Plunder, uses the example of the regressive redistribution of income in the United States since 1970 — a redistribution that quantitatively dwarfs the Russian or the Chinese Revolutions — to give a sense of the extent of the right wing revolution, which has remade all branches of government, the legal system, and perhaps most of all, the way people understand their condition in society. In the process, I show how the official statistics fail to capture the scope of this revolution, using examples such as corporate jets for executives and excessive fees and interest rates charged to the poor. The second part, The Plot, tells the story of the right wing takeover in the United States from the perspective of political economy. The third and most extensive part, Retribution, explains how this right wing revolution is laying the foundation for the next Great Depression, a cataclysm that will cost everyone dearly, even intended beneficiaries of the revolution. The final part, The Impotence of the Economics Profession, tells the story of the missing cop on the beat the economics profession — showing how we economists have nurtured a trained incapacity for doing what should be our most important work, warning about dangerous tendencies in the economy and pointing to a better way.

Frontiers in Ecological Economic Theory and Application

The Global Development and Environment Institute at Tufts University recommends the new publication:

Frontiers in Ecological Economic Theory and Application
edited by Jon D. Erickson and John M. Gowdy
(Edward Elgar Publishing, 2007)
This new book includes chapters by GDAE researchers and associates Frank Ackerman, Lisa Heinzerling, Rachel Massey, and Jonathan Harris
50% discount offer with code GDAE07
Research on the cutting edge of economics, ecology, and ethics is presented in this timely study. Building from a theoretical critique of the tradition of cost–benefit analysis, the contributors lay the foundation for a macroeconomics of environmental sustainability and distributive justice. Attention is then turned to three of the most critical areas of social and environmental applied research – biodiversity, climate change, and energy.
‘Erickson and Gowdy have put together a wonderful collection of contributions from a wide range of scholars that will greatly advance ecological economics.’
– Herman E. Daly, University of Maryland, College Park, US
For more information see: 

Order directly from Edward Elgar with 50% discount code GDAE07 at:

New Deal Banking Reforms and Keynesian Welfare State Capitalism

By: Ellen Russell

Russell provides a groundbreaking critique of the orthodox position on the nature of New Deal reforms as well as an innovative analysis of the unraveling of those reforms. Russell argues that the success of the New Deal banking reforms in the post-war period initially produced a “pax financus” in which the competitive struggles amongst financial capital were moderated.
For detailed information and order form: New Deal Banking Flyer.pdf


Heterodox Websites

Council of Georgist Organizations 

DESA on Climate Change

The Department of Economic and Social Affairs (DESA) is pleased to announce the launch of an enhanced web site on climate change. It is an effort in keeping with DESA's mandate for sustainable development and its coordinating role through EC-ESA in economic and social affairs. This enhanced website now has extensive links to the work of the Department wherever it relates to climate change.

DESA facilitates the negotiations of Member States in many intergovernmental bodies on joint courses of action to address the challenge. DESA gears the substantive support it extends to intergovernmental bodies and negotiations to furthering an integrated approach to the UN development agenda, and achieving a renewed focus on its implementation, with climate change currently at the top of the agenda. The Department serves the Commission on Sustainable Development, the main United Nations forum bringing countries together to consider ways to integrate the economic, social, and environmental dimensions of development.

The URL of the new web site is:

Portes Para El Debate Teorico

International Sorokin-Kondratieff Institute ; 


For Your Information

The Veblen 150 Prize Winners: Announcement

These are the results of the joint AFEE-EAEPE Prize Competition to commemorate the 150th anniversary of the birth of Thorstein Veblen.The competition among the entries was severe, with many of a very high standard. Overall, there were 36 entries in category 1 and 68 entries in category 2.
The winning entries are:
Category 1
• Olivier Brette "Expanding the Dialogue Between Institutional Economics and Contemporary Evolutionary Economics" (published June 2006 in the Journal of Economic Issues).
• Zdravka Todorova "Reconsidering Households in Economic Theory" (unpublished PhD thesis)
Category 2
• Avner Greif "Institutions and the Path to the Modern Economy" (published 2006, Cambridge University Press)
• Arild Vatn "Institutions and the Environment" (published 2005, Edward Elgar Publishing)
The four prizes of 2000 GBP each will be awarded at the EAEPE 1-4 November 2007 conference in Porto in Portugal.

The Global Development And Environment Institute (

GDAE invites you to attend The 2007 Leontief Prize for Advancing the Frontiers of Economic Thought “Climate Change, Economic Development, and Global Equity”

Award recipients and lecturers:
Dr. Jomo Kwame Sundaram
Assistant Secretary General for Economic Development,
United Nations’ Department of Economic and Social Affairs (DESA)
Author of The New Development Economics: After the Washington Consensus
Dr. Stephen DeCanio
Professor of Economics at the University of California, Santa Barbara
Author of Economic Models of Climate Change: A Critique

Wednesday, October 17, 2007, 5:00-7:30 pm
Coolidge Room, Ballou Hall, Medford Campus, Tufts University
Ceremony and addresses will be followed by a reception.
This event is free and open to the public.
Directions to Tufts Medford Campus can be found on the web at:
More information about GDAE at: 
In recognition of the increasing importance of the intersection of environment, development, and equity, the Global Development And Environment Institute’s annual Leontief Prize will this year feature lectures on the topic, “Climate Change, Economic Development, and Global Equity.” This year's prizes will go to Dr. Jomo Kwame Sundaram of the United Nations and Dr. Stephen DeCanio, Professor of Economics at the University of California, Santa Barbara, known recently for his groundbreaking work on climate change.
The Global Development And Environment Institute (GDAE), which is jointly affiliated with Tufts’ Fletcher School of Law and Diplomacy and Graduate School of Arts and Sciences, inaugurated its economics award in 2000 in memory of Nobel Prize-winning economist and Institute advisory board member Wassily Leontief, who had passed away the previous year. The Leontief Prize for Advancing the Frontiers of Economic Thought recognizes economists whose work, like that of the institute and Leontief himself, combines theoretical and empirical research that can promote a more comprehensive understanding of social and environmental processes.
The inaugural prizes were awarded to John Kenneth Galbraith and Nobel Prize winner Amartya Sen. Subsequent Leontief Prize recipients have included Paul Streeten, Herman Daly, Alice Amsden, Dani Rodrik, Nancy Folbre, Robert Frank, Richard Nelson, Ha-Joon Chang, Samuel Bowles, and Juliet Schor.
“With the world’s attention increasingly focused on the urgent challenges of climate change and global inequality, we want to recognize two individuals whose contributions have helped supply the theoretical framework and empirical understanding to tackle these global problems,” says GDAE Co-director Neva Goodwin.
Jomo K.S. (as he is known) is Assistant Secretary General for Economic Development in the United Nations’ Department of Economic and Social Affairs (DESA). Born in Penang, Malaysia, Jomo has a PhD in economics from Harvard and, before joining the U.N., was a professor in the applied economics department, University of Malaya, until 2004. He has taught at Science University of Malaysia, Harvard University, Yale University, National University of Malaysia, University of Malaya, and Cornell University. He has authored more than 35 monographs, edited more than 50 books, and translated 11 volumes, in addition to writing many academic papers and articles for the media. His most recent coauthored books, The New Development Economics: After the Washington Consensus, and The Origins of Development Economics: How Schools of Economic Thought have Addressed Development, are important contributions to renewed debate in this area.
Stephen DeCanio is Professor of Economics at the University of California, Santa Barbara. Among other public service activities, he has been a Senior Staff Economist at the President's Council of Economic Advisers, and a member of the Economic Options Panel convened by the United Nations Environment Programme to review economic aspects of the Montreal Protocol on Substances that Deplete the Ozone Layer. He has applied theories of bounded rationality and principal-agent problems to explain the failure of firms to make extremely profitable energy efficiency investments, one of the important puzzles of the field. With a strong mathematics background, he has provided an in-depth critique of the general equilibrium models used by many economists to model climate change, most notably in his 2003 book Economic Models of Climate Change: A Critique.
The Global Development And Environment Institute was founded in 1993 with the goal of promoting a better understanding of how societies can pursue their economic and community goals in an environmentally and socially sustainable manner. The Institute develops textbooks and course materials that incorporate a broad understanding of social, financial and environmental sustainability. The Institute also carries out policy-relevant research on globalization and sustainable development, the role of the market in environmental policy, recycling and material use, and climate change. Its six-volume book series, Frontier Issues in Economic Thought, identified and summarized nearly 500 academic articles on topics often given little attention in the field of economics.
For more information on the Leontief Prize event, contact Joshua Berkowitz at 617-627-3530 or 
or visit the GDAE web site at:

The 2007 Routledge - GCP&S Essay Prize

Global Change, Peace and Security is a leading peer reviewed journal
published by Routledge (UK) and based at La Trobe University, Victoria, Australia

GCP&S invites entries for the inaugural Routledge-GCP&S Essay Competition. This competition is designed to encourage outstanding new contributions to research on practical and theoretical questions posed by a rapidly globalising world. It seeks to attract new research into the international dimensions of political, economic and cultural life, and into the contradictions of an increasingly integrated yet fragmented world. Of specific interest are entries that look at events and developments that reverberate beyond the confines of a particular country, and those that are concerned with the sources and consequences of conflict, violence and insecurity, as well as the conditions and prospects for conflict transformation and peace-building.

The winning essay will be refereed with a view to publication in Global Change, Peace and Security. The author will receive the Routledge-GCP&S Competition winner’s certificate as well as $US500 prize money.

The competition is open to those enrolled in an undergraduate or postgraduate degree, or who have graduated within the previous four years. Previously published research articles, or those that are being considered for publication, will not be acceptable. Essays currently being assessed as part of a degree will also not be accepted.

Essays must be between 6000-8000 words in length. The style must conform strictly to the guidelines set out on the journal’s website and be accompanied by the author’s name, their contact details, and details of their institutional affiliation if applicable. For guidelines refer to 

Please send entries (printed in English and as email attachments only) to by no later than Friday 9 November, 2007

For more information contact:
Dr George Myconos
Global Change, Peace & Security
Centre for Dialogue
La Trobe University
tel: 61-3- 9479 1419 
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Elimination of the Tradition at University of Marburg, Germany

You can sign the letter by sending an email to Ingar Solty at

Dear colleagues,

This is an emergency call for help in order to save the long-standing Marxist tradition at the University of Marburg in Germany. The political processes taking place at the University of Marburg are pars pro toto and a
mirror of the complete obliteration of Marxism at German universities. Marburgappears to be the final battle and we must now fend off in Marburg what happened before in the other main leftist social sciences departments in Germany - Frankfurt and Berlin as well as Bremen.

Many of you will be familiar with the Marburg School. For those of you who are not: Ever since the Department of Scientific Politics was founded by legal and political theorist Wolfgang Abendroth after WW2, Marburg has been one of the main centres of the intellectual Left in West Germany. The Marburg School has been characterized by an overarching sense of "engaged thinking" (Brecht) and its scholars - such as Frank Deppe, Georg Fülberth, Reinhard Kühnl, Dieter Boris, Hans-Jürgen "Leo" Bieling et al. - managed to exert a remarkable influence in the political labour movement in Germany, secondary education and - with the establishment of the Research Group on European Integration - have more recently expanded their work in the field of IPE/GPE etc. In fact, throughout Germany Marburg had become identical with this tradition of radical theory and praxis.

Meanwhile the relationship of forces have been severely shifted to the right and the political right in the Department is aiming at the annihilation of the Marburg School (partly prepared by the scandalous awarding of an Honorary Doctor's Degree to former chancellor Helmut Schmidt) while at the same time the university administration is trying to cut costs. This has meant that the position of Frank Deppe, who retired in 2006, is supposed to not be replaced by any of the original applicants (Andreas Bieler, Dieter Plehwe) who had applied when the chances were still high that the Marburg School tradition could somehow have been preserved. Now our last straw appears to be to exert international pressure and show that internationally there exists an interest in maintaining this invaluable critical tradition (those many of you who have honoured us by lecturing in Marburg will remember what the Marburg School is worth).

If the professoral position of Frank Deppe is going to either be eviscerated by the administration or not going to be replaced with any of the candidates preferred by the Left, then Marxism will have effectively vanished from German universities. Therefore we are urging you to support us in this cause to exert pressure on both the administration as well as the counter- revolution in the Department of Scientific Politics. Please inform us whether you are going to sign a petition which will support our cause. You can do so by simply notifying me. If you need any further information or a translated version of the German petition, please do not hesitate to contact me. Please be so kind also to further distribute this to sympathetic colleagues, comrades etc. And please be aware that the time is pressing.

Thank you very much for your consideration and support. If we succeed in Marburg, we will pay you back with a vibrant intellectual debate that will stimulate the reemergence of the political labour and other social movements and that will critically accompany the rise of the German Left Party as a new and promising political force in German and European politics.


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