Recently I mentioned to some colleagues that
membership in heterodox associations and
subscriptions to heterodox journals have declined
significantly in the last 10-15 years and in some
cases by more than 50%. One of them suggested that
this could be a result of university libraries
getting online subscriptions to heterodox journals,
which made it very easy to access them for articles
without leaving the office. Hence there was no need
to actually subscribe to heterodox journals or
maintain association memberships. While the
free-rider account may have a germ of truth, I think
the decline is due more to retirements, apathy and
non-engagement, and the decline in the production of
PhDs that are engaged in heterodox economics.
Whatever the complex reason for the decline, one
thing is certain, for the heterodox associations and
journals to survive in the long term (over the next
10 years), it is for individuals to make a material
contribution to them—that is to pay hard earned
money for subscriptions and membership fees. Join in
on the upcoming holiday spirit and treat yourself to
a present—subscribe to that heterodox journal you
always wanted or join that heterodox association you
have been putting off.
Each ASSA meeting generates a surplus and it is
distributed among its six founding members according
to the distribution of registrations. In 2007 ASE
got $2,815.03 (and in 2006 it got $2,951 and in 2005
it got $990); and LERA got $6,182.04 (and in 2006 it
got $7,480 and in 2005 it got $3,950). So when
registering for the ASSA, tick the boxes for ASE and
LERA and have your part of the surplus be used for
advancing heterodox economics.
- The 10th International Post Keynesian
Conference
- Graduate Summer School in Post Keynesian Economics
- 10th Anniversary Conference of the Association for Heterodox
Economics
- TSCF 2008 International Social Capital Conference
- Innovation and Social Development
- Innovation and Change in Health Care Systems
- Globalization, Gender, and the Challenge of Transnational
Feminisms
- Collective Intentionality VI - Social Change
- Teaching Innovations Program (TIP)
Workshop
- Gender and Economic Policy Analysis
- Antonio Gramsci Today
- The Nature And Significance of Economic Science
- Other Europes: Agents of Transformation
- Levy News
- Forum for Social Economics
- International Review of Applied Economics
- Journal of Post Keynesian Economics
- International Journal of Green Economics (IJGE)
- PERI in Focus
- UN-DESA Policy Brief No. 4
- Arms, War and Terrorism in the Global Economy Today
- Social Costs and Public Action in Modern Capitalism
- Euroland and the World Economy
- Circus
- Mindful Economics: Understanding American Capitalism, Its
Consequences and Alternatives
- David Hume's Political Economy
- Dollars and Sense Books
- The Market: Mainstream and Evolutionary Views
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
www.cfeps.org/ss2008
Contact: Heather Starzynski (
hms6f8@umkc.edu )
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
"Perspectives on Social Capital and Social Inclusion", Buggiba, Malta,
19-22 September 2008.
The Social Capital Foundation invites papers and proposals for the TSCF
2008 International Social Capital Conference. The call will open on 2
January 2008. All papers and proposals should be submitted by 30 July
2008. For more detailed information (including guidelines, themes,
submission and registration forms) please visit:
To submit a paper, a roundtable or to volunteer to serve as a chair or
discussant, please contact
conferences@socialcapital-foundation.org.
Papers submitted and accepted before 31 January 2008 will be inserted
into the programme of the conference. Proposals are reviewed within two
weeks of submission. We look forward to receiving your proposal and hope
you will be able to join us in Malta in September 2008.
Innovation and Social
Development
Cognitive capitalism – What Are The Conditions For Social Development?
Conference Directors:
Richard Blandy, University of South Australia, Australia
Jasminka Lažnjak, University of Zagreb, Croatia
Željka Šporer, University of South Australia, Australia
Jadranka Švarc, Institute of Social Sciences Ivo Pilar, Zagreb
Conference Description/ Call For Papers
The conference works as an inter- and trans-disciplinary workshop. Its
focus is generally on the key role of innovation in the knowledge
society and its consequences for development at global, regional and
local levels. Creation and dissemination of new knowledge, its
commercialisation and human capital development have become crucial
factors for economic development. Taking into account different models
of socioeconomic development through history, a variety of patterns of
production, application and commercialisation of knowledge emerge. Our
fourth conference will continue to discuss all relevant aspects of this
relationship with special emphasis on concept of cognitive capitalism.
Contributions dealing with other issues related to innovation and
development are welcome as well.
International Society for Research into Innovation and Change in Health
Care Systems
and
Graduate School of Management
St. Petersburg State University
Call for Papers
2. ISRICH Conference
Innovation and Change in Health Care Systems
Saint Petersburg
8-9 May 2008
Globalization, Gender,
and the Challenge of Transnational Feminisms
The College of Saint Rose Women’s Studies Program
Second Annual Regional Conference
Globalization, Gender, and the Challenge of Transnational Feminisms
SATURDAY, MARCH 15th, 2008 -- Albany, NY
Keynote speaker Katha Pollitt
We invite scholarly papers, panels, practical workshops, poster
sessions, and dialogues by and between feminist writers, scholars, and
activists on themes related to Globalization, Gender, and the Challenge
of Transnational Feminisms.
Topics of interest include, but are not limited to: Transnational
Identity and/or Citizenship: Immigration, Emigration, and Diaspora;
Empire, Foreign Policy, and War: Globalization and Religion:
Globalization, Gender, and Health ; Feminism and the State; Gender and
Nationality; Globalization and GLBT Politics/Mobilization; Globalization
and Power; Globalization and the Family; Global Environmental Issues and
Transnational Women’s Activism; and Globalization and
Mobilization/Transnational Social Movements
Individual Papers or Paper Panels: Individual submissions (name,
affiliation, title, 300 word abstract) welcome. Panel proposals should
include a panel title and brief abstract relating the panel’s topic to
the conference theme, as well as names of participant(s), titles, and
abstract (300 words) for each paper.
Roundtable Discussions: Proposals for roundtables should include an
abstract, participant names, affiliations, and paper/work titles. (500
words)
Workshops: Proposals for workshops should include a complete title and
description of the workshop, names and credentials of the presenter(s)
and the type of space needed. (500 words)
Poster Sessions: Poster session presenters should submit their name,
title, and a brief abstract , including a plan for its display (300
words). Poster session participants should expect to speak for about 5
minutes.
The Women’s Studies Conference Student Paper Award is offered for the
best paper presented by an undergraduate or graduate student. To be
considered, a students should (1) indicate on the registration form that
she or he is a graduate or undergraduate student, and (2) submit his or
her completed paper to the address below by February 1, 2008.
Submit proposals to: Prof. Bridgett Williams-Searle, Women’s Studies
Program Coordinator, The College of Saint Rose, Albany NY 12203 or to
williamb@strose.edu.
Inquiries welcome.
Deadline for all proposals is December 29th, 2007.
Collective
Intentionality VI - Social Change
International, interdisciplinary conference on Collective Intentionality
and Social Change
July 8-11, 2008
University of California, Berkeley, USA
Abstract: 500 - 1000 words
Deadline: November 30, 2007
Notification: January 31, 2008
We are inviting papers to be presented for the Collective Intentionality
VI conference. This conference will be hosted for the first time in the
United States on the campus of the University of California, Berkeley.
Keynote Speakers: Frans de Waal (Emory), Tony Lawson (Cambridge), Philip
Pettit (Princeton), John R. Searle (Berkeley)
Suggested topics for paper submissions:
• Social Ontology, Power and the Theory of Collective Intentionality •
Natural Science Approaches to Collective Intentionality • Collective
Intentionality and the Social Sciences • Collective Perception: Ethics &
Aesthetics • Social Kinds: Race, Gender • Social Reality in the Digital
World
Paper Submission
We require blind submission of an abstract. Please send two separate
documents to the following e-mail:
submission@socialontology.berkeley.edu
1) Your name, e-mail contact, title of your paper
2) Title of your paper, 500-1000 word abstract (Word or PDF format)
3-week Graduate Certificate Course
25 February – 14 March 2008
A new field in economics
One of the most pertinent social differentiations among agents in any
economy is that of gender. Women work longer days than men, earn lower
wages, have less access to resources and are predominantly responsible
for meeting household needs. Moreover, gender inequalities impact upon
economic variables such as productivity, economic growth, and
efficiency.
Course content
The course consists of three one week modules. Module one has a
microeconomic orientation. It will critically analyse gender issues in
markets as well as in the household and the firm, and policies that
influence the working of markets and impact upon the gender division of
labour in households. Module two is a methodological one, discussing
issues such as gender-aware indicators, gender-aware modelling, unpaid
work and the care economy, and techniques for gender-aware policy
analysis, such as gender budget analysis. Module three has a
macroeconomic orientation. It will critically analyse gender issues in
macroeconomic policies, in particular those resulting from the
Washington Consensus, and gender issues in international trade and
finance.
Target groups
Mid-career economists and other social scientists that work for
international development organisations, government agencies and NGOs,
as well as academics, who want to better understand the gendered
character of economies as well as seek to develop economic policies that
are gender-aware. For economists, the course will have a more technical
focus, through specific readings and exercises. For others, the course
will have a less technical focus, emphasising interdisciplinary readings
and exercises.
Programme staff: Irene van Staveren, Haroon Akram Lodhi, and Diane Elson
How can economic policies be analysed and improved from a gender
perspective?
Do you want to learn how trade policies or poverty reduction strategies
could help to decrease gender inequalities?
Join the course Gender and Economic Policy Analysis.
For more information: Contact: Prof. dr. Irene van
Staveren, ISS, P.O. Box 29776, 2502 LT THE HAGUE, THE NETHERLANDS.
Phone: (31) 70 42 60 602. Fax: (31) 70 42 60 799. e-mail:
staveren@iss.nl website:
www.iss.nl
Antonio Gramsci Today
The International Institute for Research and Education (IIRE) and the
Italian Institute of Culture in Amsterdam would like to invite you to
the Conference:
Antonio Gramsci Today: 70 years after Gramsci's death, the legacy and
relevance of his thought today.
Saturday, 8th December 2007, International Institute for Research and
Education (IIRE), Lombokstraat 40, 1094 AL, Amsterdam
The seminar will equally be webcasted from
www.iire.org
PROGRAMME:
2:30pm Registration
3:00pm Introduction and Greetings. Session 1:The Legacy of Antonio
Gramsci.
Chair: Sara Farris (Research Fellow of the IISG)
Silvio Marchetti (Director of the Italiaans Cultureel Instituut in
Amsterdam)
Lea Durante (University of Bari, Italy - International Gramsci Society)
- "Gramsci and the Prison Notebooks: Past and Present"
4:00pm Coffee break
4:15pm Session 2: Gramsci, Hegemony and International Relations
Chair: Arthur Mitzman (Emeritus Professor of Modern History, University
of Amsterdam)
Bertil Videt (Director of the IIRE) – "Applying the Theory of Hegemony:
the Turkish Case"
Peyman Jafari (Research Fellow of the IISG) - "Hegemony and
Counter-Hegemony: Globalisation and Resistance today"
5:15pm Coffee break
5:30pm Session 3: Gramsci in the 21st Century
Chair: Geert Reuten (Senator in the Dutch Parliament and University of
Amsterdam)
Michael Kraekte (University of Amsterdam, member of the Rosa Luxemburg
Foundation and the International Marx Engels Society) - "Gramsci and the
Renewal of the Critique of Political Economy"
Peter Thomas (University of Amsterdam, Editorial Board of Historical
Materialism) - "The Philosophy of Praxis and the Alternative
Globalisation Movement"
6:30pm Projection of Film Gramsci l'ho visto così by Gianni Amico and
Giorgio Baratta
7:45pm Chena sarda (Sardinian Dinner) at the IIRE (pre-registration is
required)
This year marks the 75th anniversary of Lionel Robbins’s Essay on the
Nature and Significance of Economic Science. The Department of Economics
at LSE and the editors of Economica are marking the event by a
conference and a special issue of the journal. The purpose of this
conference is to renew the considerations of Robbins’s theme and reflect
on the current nature and significance of economic science as well as
examine Robbins’s own position from a historical perspective.
Speakers include: Tony Atkinson, Ken Binmore, Lawrence Blume, Richard
Lipsey and Robert Sugden
The Conference will take place at LSE on 10-11 December 2007.
There are no conference fees. Participation includes luncheon on both
days of the conference and a conference dinner on Monday, 10/12.
However, there are a limited number of places and registration is on the
basis of first come first served.
You can obtain your registration form and examine the programme of the
conference at:
DEPARTMENT: Business Administration and Economics at Wartburg College,
Waverly, Iowa
POSITION: Assistant Professor or Associate Professor of Economics
Tenure-track appointment
STARTING DATE: Fall term 2008
DEADLINE: Review of applications will begin December 10, 2007 and
continue until position is filled.
QUALIFICATIONS:
Required: Doctorate degree in economics or related field by August,
2008.
Preferred: Successful college-level teaching experience. Background and
willingness to teach in interdisciplinary general education; support for
the mission of a liberal arts college of the Lutheran Church (ELCA).
RESPONSIBILITIES:
Teach seven undergraduate courses or equivalent per year (usually three
in Fall term, three in Winter term, and one in May term) from among the
following: Principles of Macroeconomics, Principles of Microeconomics,
International Trade & Finance, Comparative Systems, Microeconomic
Theory, Economic Development. Engage in scholarship and service
appropriate in a liberal arts setting.
SALARY:
Competitive for entry-level appointment.
APPLICATION PROCEDURE: Send letter of application, curriculum vitae,
sample of research, statement of teaching philosophy, unofficial
undergraduate and graduate transcripts, and three current letters of
reference electronically to: HR@wartburg.edu or by mail to Jane Juchems,
Director of Human Resources, Wartburg College, 100 Wartburg Blvd.,
Waverly, IA 50677-0903. For specific inquiries contact Paul Magnall,
Chair, Department of Business Administration and Economics (
http://www.wartburg.edu/business ) or E-mail
paul.magnall@wartburg.edu.
For further information about the college and the city of Waverly, see
http://www.wartburg.edu.
The University of Rhode Island
Postion # 106436
POSITION DESCRIPTION
TITLE: Assistant Professor, Economics
Department: Economics
Union: AAUP Acad
This is a tenure-track appointment for Fall of 2008.
BASIC FUNCTION:
Teach undergraduate courses in economics including courses in economic
development and international economics, maintain a scholarly research
program, advise undergraduate students and participate in departmental
governance and service.
QUALIFICATIONS:
Required: Ph.D. in economics awarded by August 2008; area of
specialization economic development and/or international economics;
evidence of excellence in teaching and scholarship.
TO APPLY:
Submit (no emails or faxes, please) a letter of application, vita, three
current letters of professional recommendation, evidence of teaching
excellence, a recent sample of scholarly writing, and copies of
transcripts (letters of reference and transcripts may arrive after the
deadline but should be submitted as soon as possible), postmarked by
12-08-07 to:
John P. Burkett, Search Chair
Requisition # 11975
University of Rhode Island
PO Box G
Kingston, RI 02881
An Affirmative Action/Equal Opportunity Employer
ALL REQUIREMENTS ARE SUBJECT TO POSSIBLE MODIFICATION TO REASONABLY
ACCOMMODATE INDIVIDUALS WITH DISABILITIES
University of Massachusetts at Amherst
The Economics Department of the University of Massachusetts at Amherst
is inviting applications at the assistant professor level for one
position starting in Fall 2008. Ph.D. in Economics preferred. Salary
will be commensurate with experience. We are soliciting applications in
all fields. Applicants should submit curriculum vitae, three letters of
reference, a copy of a recent research paper and, if possible, evidence
of teaching effectiveness. For full consideration, applications must be
received by December 4, 2007. Candidates will be interviewed at the
American Economics Association meetings in New Orleans. Please send
application materials electronically to hiring@econs.umass.edu or in
hard copy by mail to Chair, Hiring Committee, Economics Department,
Thompson Hall, University of Massachusetts, Amherst, MA 01003. The
University of Massachusetts is an Affirmative Action/Equal Opportunity
employer. The Economics Department is committed to developing a more
diverse faculty, student body and curriculum.
http://www.umass.edu/economics/facjobs.html
Carthage College
The Economics Department at Carthage College, Kenosha, Wisconsin, seeks
to hire an assistant or associate professor with a specialization in
monetary economics and/or finance. The candidate should be able to teach
courses in principles of economics, money and banking, and quantitative
methods or econometrics. As the department offers majors in both
economics and international political economy, the department will find
candidates with demonstrated interests and experience in international
finance particularly attractive.
The full job advertisement is listed in the November JOE.
To be considered for interviews at the ASSA meetings in January all
material should be submitted by December 14, 2007.
The department is currently staffed by heterodox economists.
Job Title: Lecturer in Economics Ref: 07448/KK
Date Posted: 13 November 2007
Closing Date: 30 November 2007
Details: School of Business and Management
Lecturer in Economics Ref: 07448/KK
Established in 2002, The School of Business and Management has rapidly
expanded into a vibrant and successful centre for teaching and research.
It is now looking to make further appointments to sustain and further
develop the School’s excellence in research, and contribute to the
further innovation and delivery of its taught programmes at
undergraduate and postgraduate levels.
The main priority of the School is to develop a distinctive research
profile and the development of research programmes, along with a vibrant
PhD programme, which can then form the basis for excellence in teaching
as well as research.
The School has identified four distinctive themes in research that are
multidisciplinary and cut across subject fields:
Equality and Diversity
Critical Organization and Political Economy
Innovation, Networks and Knowledge
Politics, Histories and Globalisation
You should have or be working towards a PhD, and should be able to
demonstrate high levels of research achievement and potential. You
should also have experience of designing and delivering undergraduate
and postgraduate courses in relevant areas.
Informal enquiries may be made to Michael Rowlinson (Director of the
School and Professor of Organization Studies),
m.rowlinson@qmul.ac.uk;
+44 (0)20 7882 6323.
Salary for this full time indefinite post will be in the range £34,518 -
£46,753 per annum inclusive. Benefits include 30 days annual leave, an
interest free season ticket loan, child care vouchers scheme and a
contributory, final salary pension scheme.
Further particulars and an application form can be obtained via the
School’s website
www.busman.qmul.ac.uk or from Clare Birch, School of Business
and Management, email: c.birch@qmul.ac.uk or telephone +44 (0)20 7882
7465, quoting the relevant reference number. Alternatively, please visit
the Human Resources website on:
http://www.hr.qmul.ac.uk/vacancies/.
Completed application forms, CV and contact details of three referees
should be returned by e-mail to
busman-vacancies@qmul.ac.uk.
The closing date for receipt of applications is 30th November 2007.
Please download the QM Application Form
and Job Description from the link below.
Additional Details:
http://webapps.qmul.ac.uk/hr/vacancies/jobs.php?id=435
Attachment:
Apply: If you have any technical download issues, please contact Roland
Miller
Completed applications should be returned by 30 November 2007 .
Digital Newsletter of The Levy Economics Institute of Bard College
November 7, 13 2007
NEW WORKING PAPERS
The Continuing Legacy of John Maynard Keynes
L. RANDALL WRAY
Working Paper No. 514
http://www.levy.org/pubs/wp_514.pdf
John Maynard Keynes’s theoretical contributions continue to provide
guidance for the formation of real-world policy that can solve
economic problems and advance the public interest while providing
space for individual initiative in a successful capitalist economy.
Current proposals to reform the international monetary system are
reviving Keynes’s famous Bancor plan and the notion of flexible but
managed exchange rates. Alleviating unemployment requires directed
employment programs that provide a “reserve army” of the employed,
reduce immigration, and close wage and standard-of-living gaps
internationally.
Minsky’s Approach to Employment Policy and Poverty:
Employer of Last Resort and the War on Poverty
L. RANDALL WRAY
Working Paper No. 515
http://www.levy.org/pubs/wp_515.pdf
Hyman P. Minsky’s proposals can ameliorate the two fundamental faults of
capitalism: unemployment and the unequal distribution of income
(poverty). High consumption and employer-of-last-resort programs reduce
poverty as a step toward achieving macroeconomic stability. Minsky
estimated that two-thirds of all poverty could be eliminated by
providing a minimum-wage job to each household.
The Right to a Job, the Right Types of Projects: Employment Guarantee
Policies from a Gender Perspective
RANIA ANTONOPOULOS
Working Paper No. 516
http://www.levy.org/pubs/wp_516.pdf
Research Scholar Rania Antonopoulos reviews the nature of unemployment,
gender issues, and various social protection policies worldwide,
including India, South Africa, Chile, and Argentina. She finds that
employment programs that guarantee the right to a job and target female
unskilled labor are the best means of alleviating unemployment and
social service deficits. The post–Washington Consensus view presents an
opportunity to rethink the role of employer-of-last-resort programs,
which are ideal for achieving the U.N. Millennium Development Goals.
NEW STRATEGIC ANALYSIS
The U.S. Economy: Is There a Way Out of the Woods?
WYNNE GODLEY, DIMITRI B. PAPADIMITRIOU, GREG HANNSGEN, and GENNARO ZEZZA
November 2007
http://www.levy.org/pubs/sa_nov_07.pdf
This Strategic Analysis provides a retrospective view of U.S. growth in
the last 10 years, showing that the authors’ previous work has proven a
useful contribution to the public discussion. The analysis reviews
recent events in the U.S. housing and financial markets to obtain a
likely scenario for the evolution of household spending. It argues that
a significant drop in borrowing is likely to take place in the coming
quarters, with severe consequences for growth and unemployment, unless
(1) the U.S. dollar is allowed to continue its fall and thus complete
the recovery in the U.S. external imbalance, and (2) fiscal policy
shifts its course—as it did in the 2001 recession.
LEVY INSTITUTE BOOK SERIES
Government Spending on the Elderly
DIMITRI B. PAPADIMITRIOU, Editor
October 2007 http://www.levy.org
This book examines the many economic and budgetary impacts of an aging
population, exploring the welfare state and incentives to retire, the
macroeconomic and fiscal implications of aging, and the long-run effects
of government spending on the elderly. There is also an examination of
the changing patterns of retirement behavior, economic well-being and
gender disparities among the elderly, the interaction between private
and public provisioning, and aspects of retirement security.
Forum for Social
Economics
Now published with Springer
Editor-in-Chief:
John Marangos, Department of Economics, Colorado State University
Aims & Scope
The Forum for Social Economics is an international journal sponsored by
the Association for Social Economics. For 35 years the Forum has
published high quality peer-reviewed papers. The primary focus of the
Forum is on applying social economic analysis to practical policy issues
and/or the implications of alternative policy perspectives encompassing
the social economy.
Download the
flyer.
The Contractionary Short-Run Effects of Nominal Devaluation in
Developing Countries: Some Neglected Nuances p. 577
Authors: Arslan Razmi
Link
Monetary Policy Transparency in the UK: The Impact of Independence and
Inflation Targeting p. 603
Authors: Iris Biefang-Frisancho Mariscal; Peter Howells
Link
The Conditional Convergence Properties of Simple Kaldorian Growth Models
p. 619
Authors: Mark Roberts
Link
Exploring the Economic Choice to Participate in Sport: Results from the
2002 General Household Survey p. 633
Authors: Paul Downward
Link
The Malaysian Real Trade Balance and the Real Exchange Rate p. 655
Authors: Mohammed B. Yusoff
Link
Estimating Market Power in the South African Banking Sector p. 669
Authors: Charles C. Okeahalam
Link
Efficiency in Crime Prevention: A Study of Lisbon’s Police Precincts p.
687
Authors: Carlos Pestana Barros
Link
REVIEW ARTICLE p. 699
Authors: John Grieve Smith
Link
Journal of Post
Keynesian Economics
Volume 30 Number 1 / Fall 2007 of Journal of Post Keynesian Economics is
now available on the mesharpe.metapress.com web site at
http://mesharpe.metapress.com.
IJGE is a peer-reviewed international journal, that 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. (See
also the Green Economics Institute www.greeneconomicsinstitute.org.uk
for further background and details, including GEI membership
subscriptions). The IJGE paper are available to download from the
publisher’s website:
www.inderscience.com/ijge
It analyses the financial turmoil of this summer in the context of
persistent global imbalances, and calls for a shift in the attention of
policy makers and central banks away from a one-sided focus on
bolstering confidence and stability in financial markets, to addressing
the more entrenched problem of debt accumulation by the household
sector, particularly in the United States, and attendant asset bubbles.
Such accumulation is a major factor behind the unhealthy and
unsustainable pattern of current account deficits and surpluses.
International policy coordination aimed at global re-balancing, and
through reflationary rather than deflationary policies, is the key
challenge to be addressed.
Arms, War and Terrorism in the
Global Economy Today
Wolfram Elsner (Ed.) "Arms, War and Terrorism in the Global Economy
Today: Economic Analyses and Civilian Alternatives." The volume presents
papers of two joint seminars of EPS and the European Association for
Evolutionary Political Economy (EAEPE) that took place in Rethymon,
Crete, Greece, complemented by papers from the Second International
Conference on Defense, Security, and Economic Development in Larissa,
Greece in 2004. Contributing authors include Michael Intriligator,
Fannie Coulomb, Jacques Fontanel, Jurgen Brauer, Gulay Gunluk-Senesen,
J. Paul Dunne, Luc Mampaey, Claude Serfati, Christos Kollias, Clark Abt,
and Lucy Law Webster, as well as several others. The book is available
from the publishers, LIT Verlag, for €24.90 at
http://www.lit-verlag.de/isbn/3-8258-0045-1.
Social
Costs and Public Action in Modern Capitalism
Essays inspired by Karl William Kapp's Theory of Social Costs
October 2006: 234x156: 240pp
Hb: 978-0-415-41351-0: £65.00
Edited by Wolfram Elsner, University of Bremen, Germany, Pietro
Frigato, University of Pisa, Italy and Paolo Ramazzotti, University of
Macerata, Italy
There is a widely shared understanding that the current de-regulated
global economy increasingly generates drawbacks in terms of manifold
costs that are "externalised" and shifted to third parties by corporate
business. These costs - which include ecological damage, unemployment
and underpaid employment, deteriorating work conditions, public health
and social protection systems, increasing poverty, inequality and
exclusion and the undermining of social capital and institutions - are
individually and collectively borne by other agents and outside
corporate economy. Economics has therefore provided a well-known and
widely-used concept for these phenomena: social costs. Mainstream
economics deals with social costs as a market failure. It explains them
in terms of
imperfect privatisation, commercialisation, marketisation and allocation
of property rights and it contends that they could be mitigated by
institutional arrangements that tend towards a perfectly invidualized
and competitive world. However, the term has also been used by heterodox
evolutionary institutionalist economists to provide a more comprehensive
conception. A major contributor to this approach was K.W. Kapp. Within
the complex open systems approach of evolutionary economics he derived
the conception of market-based capitalist economizing as a generation of
social cost. This book elaborates and provides new insights on these
ideas.
Contents
Introduction
1. Freedom To Plan: On Kapp’s Institutional Outlook Michele Cangiani
2. Political Democracy And Social Costs: Reading K.W. Kapp’s ‘Political
Economy’ Today Regine Heidenreich
3. Social Costs, Social Rights and the Limits of Free Market Capitalism:
A Re-Reading Of Kapp Maurizio Franzini
4. Increasing Complexity in the ‘New’ Economy and Coordination
Requirements Beyond the ‘Market’: Blockages And Lock-Ins as Social Costs
and a New
Governance to Mitigate Them Wolfram Elsner
5. Policy For Social Costs: Kapp V. Neoclassical Economics James A.
Swaney
6. Improved Allocation Through Environmental Taxes? Theory And Reality:
The Example Of Germany Gustav M. Obermair and Lorenz Jarass
7. Unemployment as a Social Cost Paolo Ramazzotti and Marco Rangone
8. Social Costs And Human Health: Kapp’s Approach and its Growing
Relevance Today Pietro Frigato
9. Impact of Economic and Labour Market Policy on Health: Health Costs
of the ‘Transition Process’ in Central and Eastern Europe Richard Peter
and Johannes Siegrist
Global Player or Global Drag?
Edited by: Jörg Bibow and Andrea Terzi
Description
Little attention has been paid to the role of the European economies,
and notably of the euro area, in the current global imbalance of
international payments and growth rates, leading to somewhat simplistic
views of Euroland contributing to limiting those imbalances and
providing a template of economic policy for the twenty-first century. In
addition, an influential view continues to stress the need for deeper
and more comprehensive supply-side, structural reforms as a means to
protect Euroland from potentially adverse global developments and play a
positive role in the orderly correction of global imbalances. The
contributions in this volume challenge this view and compellingly
question, from a variety of angles, many popular beliefs about the road
to virtues of Euroland, providing a comprehensive and fresh framework to
address important questions for the future of the euro, from a critique
of current macroeconomic policy institutions to proposals for both soft
and tougher modifications of euro institutions, all pointing to a key
question for the future of Europe: will the single currency project
contribute to world economic dynamism or will it be driven by the vigour
and vitality of others? Will Euroland act as global player or global
drag?
Contents
Introduction; J.Bibow & A.Terzi
PART I: EUROLAND ON A COLLISION COURSE
Global imbalances, Bretton Woods II, and Euroland's Role in All This;
J.Bibow
Wage Divergences in Euroland: Explosive in the Making; H.Flassbeck
Can the Euro Area Play a Stabilizing Role in Balancing Global
Imbalances?; P.Arestis & M.Sawyer
PART II: POLICY COORDINATION AND INCREASED INTEGRATION AS MEANS TO
PROPERLY STEER EUROLAND
Whatever Happened to 'Policy Coordination'?; J.Forder
The Economic Rationale of the EMU and the Euro; C.Sardoni
Righting Global Imbalances: Recession, Protection or Reflation?;
A.Izurieta & G.Irvin
PART III: REFORMING EUROLAND'S INSTITUTIONAL FRAMEWORK AND MACROECONOMIC
POLICY GOVERNANCE
Replacing the Stability and Growth Pact?; C.Goodhart
Fiscal Policy and Macroeconomic Performance in the Euro Area: Lessons
for the Future; E.Hein & A.Truger
Germany's Choice and Lessons from Japan: Supply vs. Demand Policy,
Fiscal vs. Monetary Policy; R.Werner
You Can't Always Get What you Want: Why Europe is not Keynesian-able
while the US New Economy is Driven by Financial Keynesianism;
R.Bellofiore & J.Halevi
PART IV: PROSPECTS AND LIMITS OF THE EURO AS A GLOBAL CURRENCY
'Not My Fault' or Would Spreading the Maastricht Wisdom beyond Europe
Really Do Much Good At All?; J.Creel & F.Capoen
The Role of the Euro in the International Monetary Arena: Present and
Prospects; S.Rossi
International Payments Imbalances and the Prospective Role of the Euro;
A.Terzi
http://www.palgrave.com/products/title.aspx?PID=277324
Circus
El Grupo Lujan presenta Circus, una revista de análisis de la realidad y
teoría económica, en el intento de romper con la falta de tradición
teórica en la Argentina.
Sumario
¿Por què Circus?
Amit Bhaduri
El rol de la distribución del ingreso en el crecimiento endógeno de
largo plazo...........6
Franklin Serrano y Fabio Freitas
El supermultiplicador sraffiano y el papel de la demanda efectiva en los
modelos de crecimiento........ 19
Marc Setterfield
Oferta y demanda en la teoría del crecimiento de largo plazo........36
Entrevista a Heinz Kurz: “Sraffa ha vuelto a encender el interés en
los clásicos”, por Gustavo Murga........49
Entrevista a Massimo Pivetti
“Marx es el punto de referencia principal para entender realmente a
Sraffa”, por Alejandro Fiorito y Fabián Amico........61
Entrevista a Marc Lavoie
“Los fundamentos de la teoría neoclásica son completamente irrealistas”,
por Pablo Bortz.........67
Oscar Braun
“Valor” en Ricardo y Marx.........72
Eduardo Crespo
Sobre los rendimientos de escala en la teoría clásica de los precios.........76
Alejandro Fiorito y Fabián Amico
Heterodoxia, teoría económica y crisis argentina......94
Gustavo Murga
Glosas marginales sobre los orígenes de la relación entre la teoría
económica y las matemáticas.........113
Demian Panigo y Fernando Toledo
Poder de mercado y distribución funcional del ingreso en
Argentina......131
Reseña: Interpreting Classical Economics: Studies in long period
analysis, Heinz D. Kurz y Neri Salvadori (con Christian Gehrke, Giuseppe
Freni y Fausto Gozzi), Londres: Routledge, 269 págs. por Pablo Bortz............145
Reseña: Monetary Economics: An Integrated Approach to Credit, Money,
Income, Production and Wealth, W. Godley and M. Lavoie, Palgrave/
Macmillan, 2006, 530 págs.por Pablo Bortz......149
¿Qué es el grupo Luján?..........154
Mindful Economics: Understanding
American Capitalism, Its Consequences and Alternatives
by Joel Magnuson
Mindful Economics is a valuable resource for anyone who wishes to deepen
their understanding of the United States economy. The book breaks away
from traditional economic theory and provides a fresh, critical
perspective on capitalism in America. The book will be particularly
useful for citizens, activists, students or others who seek positive
social change. The first several chapters guide the readers through an
exploration of real-world institutions such as corporations, government,
market systems, financial and other institutions that make up the U.S.
economy. These chapters provide much information about the histories of
these institutions, as well as how they have evolved to serve the
profit-making and growth imperatives of capitalism. Embedded in these
stories is the consistent theme that the need to maximize profits for a
relatively small section of the U.S. population has shaped the
development of America's most powerful institutions.
The second part of the book demonstrates how the need for higher profits
and endless growth has intensified environmental destruction, resource
depletion, instability, social and political inequality, and even global
warming. These problems have become systemic and solutions therefore
require long-term systemic change.
The path toward systemic change is laid out in the third part of Mindful
Economics. Such change can be brought about by developing alternative
institutions. As these alternatives evolve and grow, they will place the
U.S. economy on a path to a new system. Systemic change will come about
gradually by the will of people who purposefully steer the development
of the economic institutions in their communities in a positive and
healthy direction. To this end Mindful Economics lays a foundation for
building new alternatives that are democratic, locally-based and
ecologically sustainable. Such alternatives are not only viable, they
can be found all across the United States. Through a network of
alternative institutions, people can begin to build alternatives to
capitalism and provide hope for future generations.
Hume’s Political Discourses (1752) won immediate acclaim and
positioned him as an authoritative figure on the subject of political
economy. This volume of thirteen new essays definitively establishes the
central place of political economy in Hume’s intellectual endeavor, as
well as the profound and far-reaching influence of his theories on
Enlightenment discourse and practice. A major strength of this
collection is that the contributors come from a diverse set of fields –
philosophy, economics, political science, history and literature. This
promotes a comprehensive reading of Hume’s political economy, taking
into account his entire set of writings and correspondence, in a way
that captures his polymathic genius. Hume’s analyses of trade and
commerce not only delve into the institutions of money and markets, but
also human agency, the role of reason and the passions, manners and
social mores. Hume sought general principles but also concrete
applications, whether he grappled with the problem of economic
development (Scotland and Ireland), with the debates on luxury
consumption (France), or with the mounting public debt (England).
This book is a key resource for students and researchers in
the areas of economic and political philosophy, history of economic and
political theory, and the history of ideas.
For further information or to purchase a copy of the book
please
click here
24th ed.
July 2007, 178 pages
ISBN 978-1-878585-66-0
$27.95
Real World Macro Real World Macro asks the questions that mainstream
textbooks largely neglect: What’s so great about growth? Is unemployment
“natural”? Besides the basicsÑmonetary and fiscal policy, productivity
and investment, inflation and unemployment. Real World Macro covers
major controversies in macroeconomics, such as the legacy of
Keynesianism and the basics of Marxist economic theory. It also takes a
critical look at international trade and finance, covering topics like
the global debt crisis and arguments for and against “free trade.”
Contents (61 articles):
1. Measuring Economic Performance
2. Wealth, Inequality, and Poverty
3. Savings and Investment
4. Fiscal Policy, Deficits, and Debt
5. Monetary Policy and Financial Markets
6. Unemployment and Inflation
Real World Micro
14th ed.
July 2007, 138 pages
ISBN 978-1-878585-67-7
$27.95
Help your students measure neoclassical theory against reality with Real
World Micro. In addition to exploring the underside of supply and
demand, consumer behavior, and the production process, this book
critically examines such topics as market power, the economics of the
environment, job discrimination, Social Security, affordable housing,
CEO compensation, and the implications of growing
inequality.
Contents (42 articles):
1. Markets: Ideology and Reality
2. Supply and Demand
3. Consumers
4. Firms, Production, and Profit Maximization
5. Market Structure and Monopoly
6. Labor Markets and the Distribution of Income
7. Market Failure, Government Policy, and
Corporate Governance
8. Policy Spotlight: Tax Policy
Announcing the first microeconomics principles book which offers both
mainstream and institutionalist perspectives. Below is a brief
description and Table of Contents. The book contains a Problem Set which
includes exercises in neoclassical and institutionalist concepts. A Test
Bank is available to adopters.
The book is available for Spring 2008 courses.
To obtain a complimentary copy for possible adoption, see the Kendall
Hunt Publishing Company website.
THE MARKET: MAINSTREAM AND EVOLUTIONARY VIEWS
by Joseph E Pluta
ISBN: 978-0-7575-4137-7
Copyright: 2008
Edition: 01
Number of Pages: 572
Binding: Soft Cover
Discipline: Economics
Modern State Intervention in the Era
of Globalisation
Nikolaos Karagiannis and Zagros Madjd-Sadjadi
Cheltenham, UK: Edward Elgar, 2007
Reviewed by Howard A. Doughty
“Oh East is East and West is West and never the twain shall meet,” or so
sang Rudyard Kipling in his ode to manly courage and honour across
cultures in 1895 (it was a poem about a question of ownership of a
horse). Today, the pertinent poles might be North and South, or simply
rich and poor. In any event, the differences were ultimately overcome,
at least in microcosm. The lesson to be learned was that similar
standards of virtue were worthy of respect, no matter their culture of
origin.
Download the
review.
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 Warren 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.
Papers presented at the 2008 ASSA meetings in New Orleans, Louisiana may
be send electronically, as a word or pdf attachment, to Wilfred Dolfsma,
Corresponding Editor of the Review of Social Economy, before December
5th, 2007: w.dolfsma@econ.uu.nl
Winners of the
Competition to Honour the 150th Anniversary of the Birth of Thorstein
Veblen
This joint AFEE-EAEPE prize competition was for works unpublished or
published no earlier than 2005. The prizes of £2000 each were presented
at the EAEPE conference in Porto in Portugal on Saturday 3 November
2007.
Winners of Category 1
For candidates born on or after 1 January 1973, or currently enrolled
PhD students, or candidates who were awarded their PhD on or after 1
January 2003.
• Olivier Brette, ‘Expanding the Dialogue Between Institutional
Economics and Contemporary Evolutionary Economics: Veblen’s Methodology
as a Framework’, Journal of Economic Issues, 40(2), June 2006, pp.
493-500.
This published journal article addresses the question of possible links
between various traditions of institutional economics, neo-Schumpeterian
evolutionary economics and the regulation school. In a highly creative
move, Brette uses Veblen’s methodological framework to consider points
of both dialogue and possible fusion.
• Zdravka K. Todorova, Reconsidering the Role of Households in Economic
Theory, PhD Thesis, University of Missouri – Kansas City, 2007.
This ambitious PhD thesis considers the role of households within a
micro-macro framework developed from a Post Keynesian and chartalist
monetary theory of production. The work adds a further, Veblenian
dimension by addressing the roles of gender and production in a
pecuniary culture. It is a highly skilful and creative synthesis.
Winners of Category 2
For candidates who did not qualify for Category 1.
• Avner Greif, Institutions and the Path to the Modern Economy: Lessons
from Medieval Trade (Cambridge and New York: Cambridge University Press,
2006).
Greif’s book focuses on the evolution of the basic economic institutions
of property and contract enforcement from medieval times. Using a
combination of economic theory and rich empirical material, Greif
develops an original and powerful explanation of the development of
these institutions, which respects both cultural and historical
specificities.
• Arild Vatn, Institutions and the Environment (Cheltenham and
Northampton: UK and MA, USA, 2005).
Vatn’s book addresses the urgent question of environmental policy and
shows that an understanding of the role of institutions is vital in this
area. It incorporates insights on institutions from both mainstream and
heterodox traditions of thought. Magisterial and comprehensive, it is
both a textbook and an inspiring, pioneering monograph.
