I have received a number of
interesting responses to my comments in the last
issue of the Newsletter. One of particular interest
was from Tom Abeles, editor of On the Horizon (
http://www.emeraldinsight.com/oth.htm ), which
is an international quarterly publication providing
analysis and comment on the future of post-secondary
education. He has offered the possibility of doing a
special issue dealing with the following themes:
research assessment and its impact on heterodox
economics-methods,
results, and regional case studies,
importance (or not) of book publishers and book
series for heterodox
economics,
the difficulty of heterodox economists publishing in
mainstream
journals,
problems and promises of ranking heterodox journals
and/or departments
by themselves and/or in relation to mainstream
journals and departments,
the impact of journal rankings on the tenure and
promotion of heterodox
economists,
the network of heterodox and mainstream journals and
individuals based
on citations, and
the possibilities and/or drawbacks of open access
publishing for
heterodox economics.
The papers (of no more than 5000 words) can range
from personal experiences and case studies to
provocative and speculative essays. If you are
interested, please send me an e-mail or Wolfram
Elsner (who will be my co-editor) an e-mail
(welsner@uni-bremen.de) saying so and the title and
a brief description. Once we get an idea of who
interested in this project, details regarding
submission dates will be developed.
In Issue 53 of the Newsletter I commented on the
decline of subscriptions to heterodox journals. I
recently received a note from Paul Davidson saying
that renewal and total individual and library paper
subscriptions to the Journal of Post Keynesian
Economics are way down, with the implication that
the short/long term viability of the JPKE is in
jeopardy. It is possible that the libraries have
switched to an electronic version of the JPKE which
would have a slightly lower price but a greater
profit margin for Sharpe. In addition, some
individuals may also decide to give up their paper
subscription, since they can have easy access,
through their university libraries, to the pdf
version of the articles that they wish to download.
However, to leave the JPKE solely in the hands of a
publisher who treats it as a commodity is, I think,
problematical since this may mean that the JPKE
could evolve more to being a money making venture
and thus may cease to be a tool that promotes the
development of heterodox economics. In any case, if
heterodox economists wish to encourage the study of
heterodoxy, then they must make sure that heterodox
journals are viable and are directly responsive to
their research and community concerns. This requires
that, at a minimum, that every university and
college where heterodox economists are located has
at least one subscription to the JPKE (and other
heterodox journals). Moreover, I urge that past and
current individual subscribers to the JPKE to renew
their subscriptions. It is indeed disappointing that
many heterodox economists who submit papers to
heterodox journals, including the JPKE, believe that
they need not makeany material contribution to their
existence or even make any effort toget their
institution to subscribe to them. Without such
support and activism, heterodox economic journals
will ultimately cease to exist.
I have been informed that a delegation of top
Russian economists-- the directors of the two top
economic institutes of the Russian academy of
sciences, the director of the Sorokin-Kondratieff
foundation, a top academician from Novosibirsk, and
chairs of departments of economics of the leading
Russian universities--will be attending the 2008 AHE
Conference in Cambridge, United Kingdom. They are
open-minded scholars, who saw firsthand that the old
fashioned orthodoxy doesn't work and causes pain and
suffering. If you are interested in speaking with
them, please attend the conference. If you would
like more information, please contact Dr. Lucy
Badalian at
lucy@artq.com or
badalien@qmail.com.
Fred Lee
- The 10th International Post Keynesian
Conference
- Graduate Summer School in Post Keynesian Economics
- ’John Maynard Keynes 125 years – what have we learned?’
- The 10th International Post Keynesian Conference
- Graduate Summer School in Post Keynesian Economics
- The 35th Annual Conference of the History of Economic Society
- Happiness and capability: measurement, theory and policy
- ERSA 2008- Culture, Cohesion and Competitiveness: Regional
Perspectives
- HETSA Conference 2008
- The Society for the Advancement of Socio-Economics (SASE)
- Post Keynesian Economics Study Group
- Recent Developments in Economics: Mainstreams and Heterodoxies
- The Schwartz Center for Economic Policy
Analysis (SCEPA)
- Social Aspects of Green Economics
- Has the Canadian Economy Caught Dutch Disease?
- Science of Logic
- Series on Modelling Social Conflict
- Hétérodoxies du CES-Matisse
- Three Talks by Loren Goldner
- The Revival of Political Economy
- Robert Solow and the Development of Growth Economics
- The 10th International Workshop on Institutional Economics
- Left Forum 2008
- 10th SCEME Seminar in Economic Methodology
- Convegno internazionale di Studi- International Studies
Conference
- Living Wage Policies and Wal-Mart
- Lessons from the Subprime Meltdown
- Earnings Functions and the Measurement of the Determinants of
Wage Dispersion:
Extending Oaxaca’s Approach
- Grupo De Propaganda Marxista
- Evidencia del Ciclo de Goodwin, por el Dr. Mario Garcia
(primeras 9 partes-video)
- Teaching heterodox economics concepts
The Schwartz Center for Economic Policy Analysis (SCEPA)
- Declining Poverty in Latin America? A Critical Analysis of New
Estimates by
International Institutions
- Cambridge Review of International Affairs
- The Global Repercussions of Changes in US Monetary Policy
- POLÍTICA MONETARIA Y CAMBIARIA EN LA ARGENTINA
POSTCONVERTIBILIDAD
- The Politics of Patents and Drugs in Brazil and Mexico: The
Industrial Bases of Health Activism
- Complexity Meets Development- A Felicitous Encounter on the
Road of Life
- Levy News
- Review of Social Economy
- The European Journal of the History of Economic Thought
- Poverty in Focus: Gender Equality
- Feminist Economics
- Sociedad Latinoamericana de Economía Política y Pensamiento
Crítico (SEPLA)
- New Political Economy
- Economic Systems Research
- History of Economics Review 46, Summer 2007
- The Associative Economics Bulletin
- International Review of Applied Economics
- Review of Political Economy
- AIRLEAP's Newsletter
- Revista Circus: Una revista argentina de Teoria Economica
- Advances in Heterodox Economics
- Radical Thinkers III
- Critical Companion to Contemporary Marxism
- Institutional economics and psychoanalysis: how can they
collaborate for a better understanding of individual-society
dynamics?
- Beyond the World Bank Agenda: An Institutional Approach to
Development
- Social Murder And Other Shortcomings Of Conservative Economics
- Kendall P. Cochran 1924-2007
- Andrew Glyn
- Dollars & Sense seeks collective members
- Save the Marxian Tradition at Seoul National University, South
Korea
- A New Collection on American Economic Thought and Policies
- Stephen Frowen died on 21 December 2007
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 )
’John Maynard Keynes
125 years – what have we learned?’
24. April 2008, Hus 25.3, Roskilde University, Denmark
New trends in Macroeconomic Theory, Methodology and Politics
9.00 – welcome by Professor Jesper Jespersen
9.15-10.15 Professor Victoria Chick, University College London: Keynes’s
macroeconomics and uncertainty – what have we learned?
10.30-12.30 parallel sessions: Theory, method and politics (analytical
approaches)
12.30-13.30 - Lunch
13.30-14.30 Professor Lars Pålsson-Syll, Malmö Handelshögskola: Keynes’
macroeconomic methodology in perspective of Critical Realism
14.30-15.00 - Coffee
15.00-16.30 parallel sessions: Theory, method and politics (applied
studies)
16.30-16.45 - Fruit
16.45-17.30 Professor Jesper Jespersen: Keynes-inspired research for the
coming 25 years - globalization, environment and welfare institutions
17.30 – farewell reception
20.00 - dinner
Conference fee, 100 € (ph.d.-students 50 €); Conference dinner, 50 €
Send a paper outline (1-2 pages) not later than 10. March 2008 to
Professor, Dr. Jesper Jespersen, e-mail:
jesperj@ruc.dk , you will get an answer just after Easter.
Participants should register before 15th April.
The 35th Annual Conference of the History
of Economic Society
The 35th Annual Conference of the History of Economic Society will be
held 27-30 June 2008, at York University, in Toronto, Canada.
Most conference details are now on the HES website (Details on ground
transportation and area attractions will be added shortly.):
http://historyofeconomics.org/Conference08/2008ConferenceToronto.htm
You can register by email and submit proposals online.
The deadline for submitting proposals for papers and sessions is 15
February 2008.
The conference coordinator is Deborah Groves, and the conference email
address is 2008hes@gmail.com.
Happiness and
capability: measurement, theory and policy
Workshop at Radboud University Nijmegen, the Netherlands
22nd August 2008 http://www.ru.nl/hapcap/
Call for papers
Anyone interested in participating is encouraged to submit a proposal no
longer than 500 words. Submissions for sessions are strongly encouraged.
Sessions would consist of three to four papers or a roundtable
discussion with 3-4 speakers. A session proposal should contain, in
addition, title and description of the theme of the session in up to 500
words, and the name and contact information of the session organizer.
All submissions will be considered for a planned conference volume.
Timeline:
• January 31, 2008: proposal submission
• February 28, 2008: notice of acceptance or rejection
• June 30, 2008: completed paper
Please submit your proposal in pdf or word format to
hapcap@fm.ru.nl. http://www.ru.nl/hapcap/
What is well-being? The list of answers—all potentially correct—may be
daunting, ask any social scientist or humanities researcher working on
the topic. Few other concepts lie at this juncture between the social
sciences and humanities. The challenging task of answering what it is
notwithstanding, well-being, across all disciplines, has never before
been such a popular topic in academia. Indeed, the number of
publications and specialist journals speaks for itself.
Though attempts to define well-being have been numerous and ambitious,
they are often marred by contradiction, politics and scepticism, while
the concept remains vague, primitive and easily captured by cultural
relativism. Furthermore, as the theoretical debate unfolds, real-life
applications of well-being constructs appear to enter the policy debate
only scarcely. The aim of this workshop organized by the Chair in
Economic Theory and Policy at Radboud University Nijmegen, the
Netherlands, is to provide a platform to debate this urgent set of
issues. The workshop, which will be held in the former Augustinian
convent Soeterbeeck (Ravenstein), brings together experts—economists,
philosophers, sociologists, psychologists, and policy makers—working on
the frontier of the theoretical and empirical characteristics of
well-being.
The focus of the workshop is on two approaches to well-being, namely,
the happiness approach and the capability approach. While the happiness
literature has moved ever closer to 'objectifying' its theoretical and
measurement construct, the capability theory of well-being emerges from
the concern that subjective well-being, no matter how objective, is not
sufficient as an account of well-being; from the capability perspective,
in fact, factors exogenous to the person whose well-being is evaluated
are necessary. Which brings to the forth substantive issues such as how
far are capability and happiness reconcilable? Whether some notion of
human flourishing underlies and connects both constructs? Or can the
happiness approach be integrated into a more general capability theory?
And finally, to what extent would a happiness regime prove sufficient to
single-handedly feed the policy debate?
Some possible themes:
Measurement issues:
• What are the measurement problems and desiderata in happiness and
capability research?
• What are the implications of measurement issues on theory?
Happiness and capability theory:
• How compatible are the happiness and capability approaches to
well-being?
• How culturally specific are theories of happiness and capability?
Policy dimensions:
• How can happiness and capability research help to shape and appraise
policy?
• Do happiness and the capability approach call for different
institutional arrangements?
Keynote speakers:
• Ruut Veenhoven (Erasmus University Rotterdam)
• Des Gasper (Institute for Social Studies)
• Jon Hall (OECD)
ERSA 2008- Culture,
Cohesion and Competitiveness: Regional Perspectives
27-31 August 2008, Liverpool, UK
Chosen as European Capital of Culture for 2008, Liverpool has been the
focus for numerous regeneration initiatives. The city has changed
dramatically in the last decade and is emerging as one of the UK's
leading centres for learning, culture, entertainment, sport and
endeavour. The 2008 ERSA Congress, jointly hosted by the Department of
Civic Design at the University of Liverpool and the British and Irish
Section of the Regional Science Association International, will provide
an excellent opportunity to see, and reflect on, the substantial
progress that has been made. The overarching theme for the Congress,
'Culture, Cohesion and Competitiveness' encapsulates a number of
different aspects that are topical and relevant, not only for Liverpool
but also across the whole of Europe.
The programme will be organised around a variety of topics and include
plenary sessions with lectures by distinguished keynote speakers,
including Professor Ed Glaeser (Harvard). Papers are invited on topics
that not only reflect the central theme, but also reflect other topics
such as:
. Cultural regeneration and its evaluation
. Climate change and its implications for urban and regional development
. The evidence base for regional policy
. Regional analysis of enterprise formation, deformation and survival
. The development of air transport in European regions
. Labour mobility in the extended European Union
. The regenerative role of river basin management
. Spatial targeting and urban policy
. Geographical information systems and spatial analysis
. Local dimensions of sustainable development
. Globalisation and regional competitiveness
. Migration, diasporas and development
. Social segregation, poverty and space
. Rural and local development
. Dublin and Liverpool: two cities compared
. Cross-border cooperation and development
. Renewable energy: a regional development perspective
. Regeneration of urban districts: analysis, policy and evaluation
. The future for regional policy in Europe
. Public health and regional prosperity
. Spatial econometrics
. Long-term unemployment and lagging regions
. New technologies, innovation and space
. Public finance and regional development
. Sustainable development and regional economic strategies
. Spatial economic analysis
. Retail development and competitiveness
. Agglomeration, clusters and policy
. City and regional marketing
. Location of economic activities and people: new directions
. City and regional governance: the role of city regions
. Infrastructure, transport, mobility and communication
. Learning regions
. New frontiers in regional science: theory and methodology
In addition to the above, there will also be young scientists sessions.
Prospective participants should submit an abstract of up to two pages to
the conference website,
http://www.liverpool.ac.uk/ersa2008 by 14 January 2008.
Notification of acceptance of abstracts will be sent to authors by 29
February 2008 and the deadline for full paper submission is 30 April
2008.
"The Study of the History of Economics: What does the Future Hold?"
The 21st Conference of the History of Economics Society of Australia
9-11 July, 2008
University of Western Sydney, Parramatta
The School of Economics and Finance at the University of Western Sydney
is pleased to host HETSA 2008. Following in the footsteps of the 19th
Conference at Ballarat, conference delegates will be able to sample rich
indigenous and colonial history in the heart of a modern city. The
conference will be held on a site formerly occupied by juvenile
delinquents and psychiatric patients which will no doubt resonate with
the HETSA membership.
Deadline for Abstracts: 25 April 2008
Deadline for Papers: 30 May 2008
(Other papers may be accepted after this date if space on the program is
available).
For further information contact:
John Lodewijks
Professor and Head,
School of Economics & Finance,
University of Western Sydney
ED. G141 Parramatta Campus
Locked Bag 1797
Penrith South DC NSW 1797
The University of Western Sydney's Parramatta Campus is a true community
campus for its neighbours. Its remarkable historical significance means
the campus is a vital part of Sydney's cultural tourism infrastructure.
Part of the campus is the Female Orphan School which began its life as a
refuge for young orphan girls and then as a hospital for the mentally
ill. It is the oldest three-storey brick building in Australia, and the
nation's oldest public building.
The building's foundation stone was laid in 1813 by Governor Lachlan
Macquarie and was oneof the most ambitious projects undertaken by the
fledgling colonial government. The Female Orphan School's construction
predates both Hyde Park Barracks in Sydney and the Female Factory in
Parramatta, making it an important heritage asset. The School expanded
in 1850 to include orphaned boys, but was closed in 1887 when a change
in government policy favoured placing orphans with foster families. In
1888, the building became the Rydalmere Hospital for the Insane. The
psychiatric hospital operated for some 90 years, until the hospital was
gradually closed down during the 1980s.
In 1993 the University of Western Sydney acquired the site and work
began developing the Parramatta campus. The campus opened to students
in1998. The Female Orphan School forms the centerpiece of the
University's historic Parramatta Campus, on the banks of the Parramatta
River.
The development of the UWS campus at Parramatta complements the
fiveother historical precincts in Parramatta - making a rich heritage
available to the nation.
Transport Details:
University of Western Sydney (Parramatta)
Parramatta campus is in Rydalmere between Ryde and Parramatta in
westernSydney. To reach the campus from the Sydney Central Business
District (CBD) or airport typically takes around 40 minutes by car.
Travelling By Car
From Sydney CBD, take the M4 Western Motorway and take the exit at the
James Ruse Drive interchange. Note that the M4 is a tollway. Turn right
onto James Ruse Drive. Take the Victoria Road exit and turn right at the
traffic lights. Turn right again from Victoria Road to enter the campus.
On-campus parking is available, and a valid $3 daily parking permit must
be displayed at all times.
Travelling By Train
Take the Carlingford line to Rydalmere railway station, which is next to
the campus. Information about the Sydney rail system and timetables are
available from the Cityrail website.
Travelling By Bus
Sydney Bus Routes 520, 523 and 524 operate between Parramatta railway
station and the campus.
The Society for the Advancement of
Socio-Economics (SASE)
President: Michael Piore (MIT)
SASE 2008
University of Costa Rica
San Jose, Costa Rica
July 21-23, 2008
Economic Flexibility and Social Stability in the Age of Globalization
The theme of the SASE 2008 meeting is suggested by Karl Polanyi’s The
Great Transformation. Polanyi interprets the history of industrial
society in the 19th and 20th centuries in terms of a pendulum-like
"double movement." One side of that movement is toward free and flexible
markets that underpin, and in some sense foster, the material and
technological gains associated with the Industrial Revolution. The other
side is a reaction to the disruption that these markets impose on
people’s lives, an attempt to preserve the social relations through
which people understand themselves and find meaning in their lives. The
current era of globalization mirrors that of the late 19th and early
20th centuries in many ways. Markets are being established, liberalized,
and deregulated throughout the world. Goods, finance, and people are
moving within and across frontiers at an ever-accelerating pace. And
people are bewildered, looking for alternatives to their increasingly
chaotic and insecure lives. Furthermore, the reaction emerging today
recalls the politics and policies of the Great Depression and the
immediate postwar period, when the second half of Polanyi’s double
movement came into effect. But with one critical difference: While the
theories that have guided deregulation and globalization in the closing
decades of the 20th century are the direct descendants of the laissez
faire ideas that guided globalization a century ago, the philosophies
that informed the second half of the double movement that is, the social
legislation that grew out of the Great Depression—have in many ways been
discredited. Today’s reaction is therefore more instinctive and visceral
than deliberate and considered, and the question is whether it will
indeed be possible to reconcile these two movements in theory or through
practical politics. We will examine the prospects for reconciliation in
a series of panels on the contemporary relevance of four major social
and economic theorists: Marx, Keynes, Polanyi, and Hirschman.
A fifth panel will specifically explore the possibility that these older
social theorists have been rendered obsolete by new technologies,
especially information networking, which, if true, would call for new
understandings of economic development, north-south relations, and the
relationship between the economy and the society. The practical
dimension will be explored through papers and panels drawing on grounded
research on specific industries and geographic areas and devoted, where
possible, to innovative approaches to critical markets (for labor,
capital, raw materials, and the like). Special attention will be focused
on the reaction against neoliberalism and the Washington Consensus in
Latin American countries; to parallels in other countries and regions of
the world; to the economic roots of that reaction; and to changes in
economic and social policy that have emerged as a result not only in the
region but throughout the world.
To explore the interaction between scholarly theory and political
practice, we draw on the Latin American tradition of combining public
service with careers as intellectuals and academicians. Óscar Arias, the
Nobel Laureate and current President of Costa Rica, is one of the most
prominent representatives of this tradition. He will also be the keynote
speaker at the meeting. SASE will invite a group of prominent Latin
American politicians with similar backgrounds to join him as panelists
and discussants in roundtables with each other and with the academic
participants.
The conference is organized in a series of networks which are listed on
our webpage www.sase.org If a particular network is not designated with
a submission, the paper will be assigned to a workshop by the organizing
committee. The official language of the meetings will be in English. But
a limited number of sessions will be in Spanish and in French, and
organized by those networks. Proposals submitted in Spanish or French
will be assigned to the relevant language networks. Otherwise proposals
should be submitted in English and papers presented in that language
(although the papers themselves may be submitted in Spanish or French as
well as English.
Program Committee : Andrew Schrank (University of New Mexico) Heloise
Petit (Université Paris 1, Sorbonne - Centre d'Etude de l'Emploi)
Local Organizing Committee : Dr. Henning Jensen Pennington, Local
Committee President Dr. Róger Churnside, General Coordinator local
committee
Local Academic Committee : M.Sc. Olman VillarrealDra, Mayra Achío, Dr.
Carlos Palma, M.Sc. Isabel C. Araya
For more detailed information click here.
Post Keynesian Economics Study Group
Inflation targeting: is there a credible alternative?
Balliol College, Oxford, Friday 4 April 2008
The new consensus is that discretionary macroeconomic policy should be
limited to inflation targeting by control of the central bank interest
rate. The Old Keynesian emphasis on discretionary fiscal and incomes
policies has been discarded as no longer credible in terms of either
history, theory or politics. This workshop will consider whether Post
Keynesians have simply lost the argument, whether a new case can be made
for the old policies, and whether Post Keynesian economics can offer
fresh, credible policies with superior performance in terms of achieving
genuinely full employment and price stability.
The Committee invites proposals for papers and seeks discussants to read
the selected papers in advance and give considered and constructive
criticism to the meeting. We expect to have three one-hour sessions,
including 25 minutes for the main speaker in each session, 15 minutes
for the discussant, and allowing 20 minutes for discussion from the
floor.
Abstracts (about 500 words) should be sent to
secretary@postkeynesian.net
not later than 29 February 2008. If accepted, the final paper will be
required for distribution in electronic form not later than 21 March
2008.
Recent Developments in Economics:
Mainstreams and Heterodoxies
On the same weekend that the Canadian Economics Association will be
meeting in Vancouver this June, the Society for Socialist Studies will
be meeting as part of Congress (June 4 to 8, 2008). This is unusual and
I'd like to take advantage of it. I am trying to arrange a session for
the Society that surveys theoretical developments in economics since the
end of the neoclassical synthesis. I am hoping for relatively brief (c.
20 minutes), high-level overviews of new approaches (e.g., experimental
economics, computation & complexity), new developments in the
theorization of major actors (e.g., the Individual, the Firm) or of
major traditional areas (e.g., welfare economics, labour economics).
Given the Society's focus, accounts that consider developments within
both mainstream *and* heterodox theories, perhaps showing points of
convergence and increasing divergence, would be particularly valuable.
Expressions of interest (name, contact info, proposed topic) should be
sent to chris.borst@utoronto.ca
by January 15, 2008.
More information about the Society is available at
http://www.socialiststudies.ca.
To give a little more information on this proposed session, the draft
abstract for the session (circulated with the Society's Call for Papers)
is included below.
Thanks,
Chris Borst
*Session Title:* Recent Developments in Economics: Mainstreams and
Heterodoxies
*Description*:
Many left-inclined scholars have abandoned the study of economics on the
grounds that it is a falsely technical mask for straightforwardly
right-wing, anti-democratic ideology. As a result, few are aware of the
startling transformation economics has undergone over the last two or
three decades, a transformation that should be of great interest to
socialist scholars. Mainstream and heterodox theories are interacting
more than they have in over half a century. The "perfectly competitive"
neoclassical image of yore has given way to a complex picture of agents
with identities, incomplete, interdependent and endogenous preferences,
and limited knowledge and "rationality", interacting in pervasively
incomplete markets suffused with transaction costs, rents,
externalities, information asymmetries, bargaining, and increasing
returns, relying on heuristic "rules-of-thumb", conventions,
institutions, and "path dependent" (historical) outcomes to make what
decisions they can, without any expectation those decisions are either
individually or socially "optimal". In short -- something like the
economy we actually know.
Submissions are invited that provide overviews of major recent
developments in any area of economics, with special attention to the
consequences of such developments for our overall understanding of
existing economies and the possibilities for more democratic ones.
The Schwartz Center for Economic Policy
Analysis (SCEPA)
The
Schwartz Center for Economic Policy Analysis (SCEPA) - the 3rd Annual
Robert Heilbroner Memorial Lecture on the Future of Capitalism on
February 14, 2008. This year's lecture will feature Stephen Marglin,
Professor of Economics at Harvard University and author of The Dismal
Science: How Thinking Like An Economist Undermines Community
(forthcoming January 2008 from Harvard University Press).
Social Aspects of Green Economics
I am writing to warmly invite you to our special conference on the
Social Aspects of Green Economics, with particular emphasis on Basic
Income, Trafficking in women and on solving different aspects of
poverty.
This is a one day conference which will take place at Oxford University
and has a fascinating range of international speakers with lots of
diffferent perspectives and experience of examining and implementing
solutions to these problems.Some of our speakers explore market
solutions and some take a socialist perspective and most take a radical
green perspective.
Our speakers come from Belgium, France, Finland,Venuzuela and Germany to
name a few and have experience in a range of situations from Barristers
helping trafficked women at the coal face, to Directors of large and
active Institutions,Professors of Economics from the USA and Finland and
former government ministers and high profile mainstream
journalists.There is a special emphasis on women and poverty and on the
relationship between poverty and the environment.
I attach a
flyer and a
booking form and if you have any questions at all please email me at
greeneconomicsevents@yahoo.co.uk as soon as possible,Our
recent events have completely sold out, as they are very popular so do
make sure you email me to let me know you are coming as soon as possible
and then fill in the attached booking form and send it with your
registration to The Green Economics Institute, 6 Strachey
Close,Tidmarsh, Reading RG8 8EP.
Looking forward to seeing you at the conference
Miriam Kennet
Director
Green Economics Institute
Has the Canadian Economy Caught Dutch
Disease?
Implications for Canada of a High-valued Canadian Dollar January 30th,
2008 Metropolitan Hotel, Toronto, Ontario
On behalf of the Public Policy Forum, I would like to invite you or
someone from your organization to participate in an upcoming conference
entitled, Has the Canadian Economy Caught Dutch Disease? Implications
for Canada of a High-valued Canadian Dollar. The conference will take
place on January 30th, 2008 at the Metropolitan Hotel in downtown
Toronto, Ontario.
Most observers agree that the Canadian dollar will remain high, although
how high and for how long remains an open debate. This conference will
consider the explanations for the dollar's rapid rise, implications for
the Canadian economy and how both business and governments are
responding to these challenges. From a wait-and-see approach, to
government assistance for the manufacturing sector to currency union
with the U.S., a full range of policy options will be considered.
Participants will be able to meet decision-makers and other leaders from
business and government to discuss these issues. Space is limited and
registration is on a "first come-first served" basis.
A draft agenda for the event can be found
here
The London Marx-Hegel reading group continues to make headway with the
"Science of Logic". We have one more chapter from the Doctrine of
Essence (Bk 2, §3 ch 3 Absolute Relation) to look at on Wednesday 16
January, and then we start on the Doctrine of the Notion. We hope to
complete the Doctrine of the Notion in the next six months. Details can
be seen at http://tinyurl.co.uk/whvk
. All Welcome! If you have any queries about the group, please
contact me at a.denis@city.ac.uk.
Series on Modelling Social Conflict
Gordon Burt (Open University) continues his series on modelling social
conflict this winter with sessions of interest to psychologists,
educationalists, sociologists and many others.
See attached flyer for details of talks on: Educational design and
social choice theory (17 January 2008), Introduction to mathematical
psychology (7 February) and Social adaptive processes in the speculative
market for well- being (6 March).
The series is co-sponsored by the Conflict Research Society and the
Psychology Department of Goldsmiths, University of London.
Places are limited, so if you would like to attend, please let me know
as soon as possible.
La prochaine séance du séminaire Hétérodoxies du CES-Matisse (dorénavant
organisé sous la forme d'après-midi trimestriel) se tiendra le :
Mardi 15 Janvier 2008
Social-libéralisme : quel bilan ?
14h – 15h30
Patrick LE GALÈS (CEVIPOF, Science Po)
Tony Blair 1997-2007 : le bilan des réformes
Discutant : Stefano PALOMBARINI (Université Paris VIII – LED - Cepremap)
15h30 – 17h00
Rémi LEFEBVRE et Frédéric SAWICKI (CERAPS, Lille 2)
La société des socialistes (ed. du croquant)
Discutant : Bruno AMABLE (Université Paris I – CES-Matisse – Cepremap)
MSE, 106 Bld de l’Hôpital, 75 013 PARIS (M° Campo Formio) Salle des
Conférences (6ème étage)
Les prochaines séances auront lieu les 20 mai puis le 24 juin
Responsables du séminaire : Bruno Amable, Christophe Ramaux, Bruno Tinel
et Carlo Vercellone. Contact
Seminaire-Heterodoxies@univ- paris1.fr
Three Talks by Loren Goldner
London, Jan 19th, 21st and 22nd, 2008
New York-based Marxist Loren Goldner is giving a series of talks in
London this month, hosted by Mute magazine [http://metamute.org]
Best known for his prescient and revelatory analysis of the global
credit bubble of the last thirty years, Goldner has revived and
synthesised the theoretical insights of Rosa Luxemburg, Karl Marx and
CLR James suppressed by orthodox Marxism and the mainstream Left to
offer a rigorous and revolutionary critique of contemporary life,
politics, economy and culture.
This is a rare opportunity to hear one of today’s most interesting left
communist analysts discuss a broad spectrum of his research and writing.
For detailed information, click
here.
The Revival of Political Economy
The Department of Economics at Drew University presents
The Revival of Political Economy
An all-day conference with distinguished scholars in Political Economy
Saturday February 9, 2008
9 a.m. – 5 p.m.
Hall of Sciences, HS 4
Drew University, 36 Madison Ave., Madison, NJ 07940
For detailed info, click
here.
Robert Solow and the Development of
Growth Economics
The annual /History of Political Economy/ Conference -- this year on the
topic "Robert Solow and the Development of Growth Economics" -- will be
held 25-27 April 2008 at Duke University. Further information, including
the tentative program, can be found on the Duke History of Economy Group
website (http://econ.duke.edu/HOPE), following the links to HOPE
Conferences and then to the 2008 conference or, directly, to the HOPE
2008 website
The 10th International Workshop on
Institutional Economics
The 10th International Workshop on Institutional Economics will be held
on 17-18 June 2008 at the University of Hertfordshire in Hatfield in
England.
The workshop theme is:
Institutions, Technology and their Roles in Economic Growth
Speakers:
Geoffrey Hodgson (University of Hertfordshire)
Richard Lipsey (Simon Fraser University – to be confirmed)
Carlota Perez (University of Cambridge)
Jochen Runde (University of Cambridge)
Vernon Ruttan (University of Minnesota)
This workshop will also include a POSTER SESSION where participants will
be able to discuss a small display of their work.
LEFT FORUM 2008 will take place March 14-16 at The Cooper Union, New
York City.
This year we are excited to present many speakers who are new to Left
Forum audiences, from around the world and right here in New York City,
as well as many who are joining us again: Naomi Klein, Grace Lee Boggs,
Tariq Ali, Staughton Lynd, Billionaires for Bush, Mahmood Mamdani, Adam
Hochschild, Jeremy Scahill, David Harvey, Max Elbaum, Stanley Aronowitz,
Frances Fox Piven, Bill Fletcher, Jr., Patricia McFadden, Patrick Bond,
John Bellamy Foster, Michael Albert, Carlos Vilas, Dennis Brutus, Deepa
Fernandes, and many more will participate.
The theme of Left Forum 2008 is Cracks in the Edifice. What is the
nature of the emerging crises in global political economy? How can the
Left confront its current challenges to build stronger anti-capitalist
movements? If another world is possible, what will it look like? We will
be adding several movement-building workshops to our program, and plan
to examine1968 after 40 years.
Please join us this March to explore these questions and many more. In
addition to the plenaries and panel discussions, there will be a
pre-conference cocktail party and a cultural event on Saturday evening.
Your participation in the entire weekend enriches the discussions, fuels
the debates, and helps make Left Forum the critical and singular event
that it is. Registration will be available shortly at
www.leftforum.org , as well as
information on the program as it develops.
10th SCEME Seminar in Economic
Methodology
"Economics and Politics: Defining Neoliberalism"
Thursday, 7 February 2008
Venue: Old Library, Keele Hall
Keele University, UK
The Stirling Centre for Economic Methodology (SCEME), jointly with the
Institute for Public Policy and Management (IPPM) of Keele University,
invites registrations for its 10th seminar in a bi-annual series on
economic methodology and is very pleased to announce that Professor
Philip E. Mirowski has agreed to give the keynote paper.
Programme
from 10:00 Morning Coffee; Arrival of Participants
10:20 Welcome Address
Matthias Klaes (SCEME & IPPM)
10:30 Understanding the Tenets of Neoliberalism
Philip E. Mirowski (University of Notre Dame & All Souls College Oxford)
11:30 Rolling Back the State: Mrs Thatcher's Criminological Legacy
Steve Farrall (University of Sheffield)
12:30 Lunch
14:00 Righting Culture: Managerial Power and the Ethos of Markets
Rolland Munro (IPPM)
15:00 Neoliberalism and Workers' Rights
Paul Smith (IPPM)
from 16:00 Afternoon Coffee; Departure of Participants
Organisation & Registration:
The seminar is open to registered delegates only and intended as a forum
for informal scholarly debate. Places are therefore limited. When
registering, you are encouraged to express a preference regarding which
of the papers you'd like to act as discussant for. Brief versions of
seminar papers and discussant statements will be invited after the
seminar for a joint peer-reviewed submission as a symposium to the
Review of Social Economy. Further enquiries:
enquiries@ippm.keele.ac.uk
Registration forms can be found on:
http://www.keele.ac.uk/research/ppm/
Further information:
http://www.econ.stir.ac.uk/SCEME/events.htm
Convegno
internazionale di Studi- International Studies Conference
Politica e mercato mondiale: a 150 anni dai Grundrisse
Politics and the World Market: 150 years since Marx’s Grundrisse
11-12 gennaio 2008 - January 11-12, 2008
Flows of Capital and
of Labour-Power
Università degli Studi di Padova
12 gennaio 2008 - ore 9.00 Aula N
January 12nd, 2008: 9 a. m. - Room N
Terza Sessione
Third Session
Flussi di capitale e forze di lavoro
Flows of Capital and of Labour-Power
Download the program.
Buffalo State College
invites applications for a full-time, tenure track position in the
Department of Economics and Finance, beginning September 2008. Primary
teaching responsibilities are in finance (capital markets, money and
banking) and applied macro (econometrics, research methods) at the
undergraduate and master’s levels. Preference is for candidates who show
evidence of high quality teaching and research, interest in supervising
research projects at the under- graduate and master’s level, and a
desire to work in a department with a tradition of openness to
alternative paradigms. Applicants must have completed Ph.D by August 1,
2008.
Please submit a letter of application, curriculum vitae and three
letters of recommendation to: Susan M. Davis, Search Committee Chair,
Dept. of Economics and Finance, Buffalo State College, 1300 Elmwood
Ave., Buffalo, N.Y. 14222.
Review of applications will begin March 1, 2008 and applications will be
accepted until the position is filled.
Buffalo State College is a liberal arts college-- more than one hundred
and fifty years old-- with a diverse student population of 11,000 in an
urban setting. Additional information about the college, its mission and
facilities is available at
www.buffalostate.edu. Buffalo State is an affirmative
action/equal opportunity employer.
Senior Economist
The Canadian Labour Congress has a vacancy for the position of Senior
Economist in the Social and Economic Policy Department at CLC
Headquarters in Ottowa (Lesser qualified applicants could be appointed
at the level of National Representative.)
For detailed information, click
here (in
French).
FTC- The Bureau of
Economics
The Bureau of Economics at the U.S. Federal Trade Commission is
recruiting new as well as established Ph.D. economists. We will be
interviewing candidates at the American Economic Association meetings in
New Orleans in January 2008 and at the Bureau of Economics at FTC
offices in Washington, D.C. during the recruiting season. The Bureau is
looking for talented, well-trained economists specializing in industrial
organization, applied microeconomics (such as labor, behavioral, or
health economics), and applied econometrics to join our staff of
approximately 70 Ph.D. economists, one of the largest and most talented
groups of applied microeconomists in the country.
Staff economists at the FTC contribute to the agency's mission in a
variety of ways. They provide state-of-the-art theoretical and empirical
analysis of the competitive consequences of proposed mergers and other
forms of business conduct as part of the FTC's antitrust enforcement
missions. The FTC also enforces the country's consumer protection laws,
and FTC economists are instrumental in providing analysis of consumer
decision-making to guide both policy and law enforcement in this area.
The Bureau of Economics also encourages, and our staff produces,
high-quality research that is often placed in general interest journals
such as the American Economic Review and field journals such as the RAND
Journal of Economics and the Journal of Industrial Economics. The
complexity and variety of economic issues examined both in the
competition and the consumer protection arenas, as well as the
opportunity to have a substantial and immediate impact on public policy,
make the Bureau of Economics a unique and exciting place for an
economist to work and learn. More detailed information about the Bureau
and our economist Ph.D. recruiting efforts is available online at
http://www.ftc.gov/be/recruit/index.shtm.
Visiting Positions.
The Bureau of Economics at
FTC ıs also
interested in working out visiting arrangements with faculty whose
research complements our missions here at the Bureau of Economics. Such
a visit can provide an ideal opportunity to develop new research
projects and to gain deeper knowledge of particular industries.
Research and Data Analyst Positions.
Finally, we are recruiting students with undergraduate and master’s
degrees to serve as Research and Data Analysts to support our Ph.D.
economists. As integral members of the team, Research and Data Analysts
interact with economists and legal staff, thereby gaining an
understanding of both economic and legal aspects of antitrust and
consumer investigations. During these assignments, Research and Data
Analysts conduct statistical analyses based on economic models, compile
data from public and private sources, perform literature research,
review the economic content of reports, and help design and test survey
questionnaires and consumer experiments. They often go on to continue
their educations at top economic departments, business schools, and law
schools or move on to excellent employment positions after several
years. Please encourage your undergraduates or masters students who may
be interested in coming to Washington DC to apply with the FTC.
Information about FTC Research Analyst Program can be found at
http://www.ftc.gov/be/researchanalystprogram.shtm.
L.R. Wray
This paper uses Hyman P. Minsky’s approach to analyze the current
international financial crisis, which was initiated by problems in the
U.S. real estate market. In a 1987 manuscript, Minsky had already
recognized the importance of the trend toward securitization of home
mortgages. This paper identifies the causes and consequences of the
financial innovations that created the real estate boom and bust. It
examines the role played by each of the key players—including brokers,
appraisers, borrowers, securitizers, insurers, and regulators—in
creating the crisis. Finally, it proposes short-run solutions to the
current crisis, as well as longer-run policy to prevent “it” (a debt
deflation) from happening again.
Earnings Functions and the Measurement
of the Determinants of Wage Dispersion: Extending Oaxaca’s Approach
JOSEPH DEUTSCH and JACQUES SILBER
Working Paper No. 521
www.levy.org/pubs/wp_521.pdf
In a pathbreaking paper, Ronald Oaxaca (1973) proposed a technique to
decompose the relative wage gap between two population subgroups. The
authors extend Oaxaca’s approach to include any number of groups, and
combine techniques used in the fields of income inequality measurement
and labor economics to analyze the determinants of the overall wage
dispersion. An empirical illustration is based on income surveys in
Israel.
Grupo De Propaganda Marxista
Compañeros/as:
Este aviso es para comunicaros la publicación en nuestra página Web
http://www.nodo50.org/gpm
de un nuevo documento titulado “Crítica al neomarxista Samir Amín”.
Este trabajo tiene su origen en la petición de un compañero
costarricense de cual es nuestra opinión sobre tan influyente autor,
representante, entre otros, de la “escuela neomarxista” o del “marxismo
crítico”. En el mencionado documento intentamos explicar desde el umbral
hasta los principios y fines que caracterizan dicha “escuela”, además de
las propuestas generales y concretas que Samir ofrece engañosamente a
los que, en principio, pretenden superar los males del sistema
capitalista.
La dirección para acceder directamente al documento es
http://www.nodo50.org/gpm/neomarxismo/00.htm Si deseáis
descargaros todo el archivo en doc pinchad
AQUÍ.
Para cualquier comentario, dirigiros a:
gpm@nodo50.org
Evidencia del Ciclo de Goodwin, por el
Dr. Mario Garcia (primeras 9 partes-video)
En el intento de difundir el pensamiento economico crìtico, comenzaremos
a usar elementos de difusion videograbados, en youtube. El total de
partes son 16 de aproximadamente 6 minutos cada una. En este seminario,
el Dr. Mario Garcìa, desarrolla un modelo de ciclos endògenos Volterra-Goodwin,
en el intento de buscar evidencias empiricas, que lo avalen o no,
discutiendo los supuestos, y consecuencias de los resultados obtenidos.
Entre los ùltimos se puede tratar de interpretar sobre la
posibilidad de interpretar distintos tipos de capitalismo, de maneras
aùn no tratadas, en la literatura economica.Entre los primeros, fuertes
limitaciones a modelos sin dinero, nosubican en la linea de modificar
este tipo de desarrollos, en la busqueda de aprovechar el nùcleo
endògeno de la generaciòn de ciclos, apartandose de los canònicos shock
exògenos al modelo.
Si ud. se suscribe a grupo lujan en youtube le llegarà el resto del
seminario en los proximos dìas. En proximos seminarios iremos mejorando
en sonido e imagen.
Teaching heterodox economics concepts
Andrew Mearman, University of the West of England "Teaching heterodox
economics concepts" - a chapter in the "Handbook for Economics
Lecturers" published by The Economics Network, June 2007 (http://www.economicsnetwork.ac.uk/handbook/).
The Schwartz Center for Economic
Policy Analysis (SCEPA)
SCEPA has several new publications:
- Two New SCEPA Policy Notes:
Productivity and Unemployment in the Short and Long Run by Armon Rezai
and Willi Semmler & The Vast Majority Income (VMI): A New Measure of
Global Inequality by Anwar Shaikh and Amr Ragab
Declining Poverty in Latin America? A
Critical Analysis of New Estimates by International Institutions
GDAE announces the publication of a new working paper by GDAE Research
Fellow Ann Helwege and Melissa Birch:
“Declining Poverty in Latin America? A Critical Analysis of New
Estimates by International Institutions”
Indicators of progress in overcoming poverty in Latin America have been
heralded recently by international institutions. Yet a closer look at
data from the World Bank and the United Nations reveals contradictions
that are not easily resolved by reference to the underlying
methodologies. This paper provides an introduction to how poverty is
measured, what the data indicate about trends in poverty, and reasons to
tread cautiously in interpreting it as evidence of progress or
stagnation. While significant progress has been achieved in a few large
countries, the poorest countries are still very poor, and some countries
have even seen increases in their poverty rates despite economic growth.
The paper was presented at the Sept. 2007 Latin American Studies
Association congress. It is available at:
http://www.ase.tufts.edu/gdae/Pubs/wp/07-02LatinAmPoverty.pdf
Cambridge Review of International
Affairs
For all those interested, the new issue of the Cambridge Review of
International Affairs (Volume 20, issue 4) includes a special section on
Marxist approaches to Global Capitalism and the State-System including
articles by Alex Callinicos, Adam David Morton, Kees van der
Pijl, John Hobson, Gonzalo Pozo-Martin and Benno Teschke and Hannes
Lacher. To access the articles go to:
http://www.informaworld.com/smpp/title~db=all~content=g788066542~tab=toc
The Global Repercussions of Changes in
US Monetary Policy
Monetary policy in the US is being aggressively eased with the aim of
avoiding recession and giving troubled financial institutions more
breathing space to recover. Is this the right decision? Can the US
economy continue to develop without a recession for almost two decades?
In E-brief 2007/10, Marek Dąbrowski argues that the ongoing rate cuts in
the US are risky for both the US and the global economy. For more, see:
The Global Repercussions of Changes in US Monetary Policy available at
http://www.case-research.eu
(english version).
Other recent publications:
• Price Convergence in the Enlarged Internal Market
• Using Energy Resources to Diversify the Economy: Agricultural Price
Distortions in Kazakhstan
• Polish Economic Outlook - Economic Consequences of Civic Platform
Winning the Elections
• Determinants of Portfolio Flows into CIS Countries
• Economic Relations between the EU and CIS (An Overview)
• The Intersection Between Justice and Home Affairs and the European
Neighbourhood Policy: Taking Stock of the Logic, Objectives and
Practices
• Institutional Harmonization in the Context of Relations Between the EU
and Its Eastern Neighbours: Costs and Benefits and Methodologies of
Their Measurement
• Assessing the Development Gap
To comply with their international obligations, both Brazil and Mexico
introduced regimes for pharmaceutical patents in the 1990s. While both
countries initially implemented intellectual property (IP) systems that
favored the interests of the transnational, innovation-based
pharmaceutical sector, the two countries paths have diverged in dramatic
fashion in recent years. In Brazil, the government responded to the high
price of drugs and societal demands to reform the IP system by making it
more difficult to obtain private ownership over knowledge and by
increasing the rights of third parties to access and use knowledge. In
Mexico, the response to similar demands has been to raise impediments to
third parties’ rights of access and use and effectively to extend the
periods of protection granted to patent-owners.
GDAE Research Fellow Ken Shadlen explores these differences from a
political economy perspective. In Brazil, the combination of a strong,
interested, and active Ministry of Health and a more autonomous local
pharmaceutical sector created a propitious environment for initiatives
to reform the IP system. In Mexico, the subordination of the Secretariat
of Health and fundamental transformations of the local industrial sector
meant that calls to reform the IP system were not well-received.
Instead, the reform project in Mexico became commandeered by IP owners
and ultimately had the perverse effect of reinforcing and strengthening
the system that was being challenged.
The paper concludes by underscoring the importance of pharmaceutical
industries for development. The findings suggest that the existence of
independent pharmaceutical sectors may not just be beneficial for
industrial development, but also for promoting public health and
pursuing humanitarian goals. The key factor for explaining efforts to
reform patent systems to increase access to drugs is the presence of an
autonomous national pharmaceutical industry that is available as an
alliance partner for those pushing for such reforms. Thus, the key to
IP-for-humanitarianism is maintenance of some degree of
IP-for-industrialization.
GDAE Working Paper No. 07-05
http://www.ase.tufts.edu/gdae/Pubs/wp/07-05PoliticsOfPatents.pdf
For more on GDAE’s Globalization and Sustainable Development Program:
http://www.ase.tufts.edu/gdae/policy_research/globalization.html
Complexity Meets Development- A
Felicitous Encounter on the Road of Life
Lewis L. Smith
Office of the Governor of the Commonwealth of Puerto Rico
Puerto Rico, The United States of America
An historical review of the U.S. banking system shows that banks
have lost their role as specialized evaluators of credit and
providers of liquidity. The decline in credit standards and the
deterioration of the “quality” of assets held by financial
institutions have created a highly fragile financial system. The
author concludes that the stage has been set for a Minsky/Fisher-style
debt deflation, where the damage will be widespread and further
interest rate reductions will be powerless to stop it.
Promotion National: Forty-Five Years of
Experience of Public Works in Morocco
HIND JALAL
Working Paper No. 524
www.levy.org/pubs/wp_524.pdf
The author reviews the mandate and history of Morocco’s Promotion
Nationale public program and its effectiveness in countering
unemployment and developing the poor Saharan provinces. Since the
program budget now targets the nonpoor urban zones, she recommends
ways that the program can be improved to develop the poor zones.
Jalal notes that this program is one of the last remaining social
stabilization tools to counter inequalities in the country.
January 3,
2008
NEW WORKING PAPER
Financialization: What It Is and Why It Matters
THOMAS I. PALLEY
Working Paper No. 525
www.levy.org/pubs/wp_525.pdf
Financialization refers to the increasing importance of the financial
sector in the operation of the economy and governing institutions. There
are reasons to believe that financialization may put the economy at risk
of debt deflation and prolonged recession. Palley calls for a
multifaceted agenda, including policy and political reform, to counter
this trend.
SUMMARY, WINTER 2008
Volume 17, No. 1
www.levy.org/pubs/sum_17_1.pdf
The Summary, published three times a year, is aimed primarily at an
academic audience. It updates current Levy Institute research, with
synopses of new publications, special features on continuing research
projects, accounts of professional presentations by the research staff,
and an overview of Levy Institute events.
Review of Social
Economy
Volume 65 Issue 4 is now available online at informaworld
(http://www.informaworld.com).
This new issue contains the following articles:
Social responsibility for living standards: Presidential address,
association for social economics, 2007 p. 391
Authors: Deborah M. Figart
Link
Family, religion and economic performance: A critique of cultural
determinism p. 407
Authors: Manuel Couret Branco
Link
Simulating inequality and social order in the classroom: A macroeconomic
game p. 425
Authors: Thomas Kemp; Tim Wunder
Link
Beyond Böhm-Bawerk: Searching for a place for relations in economic
theory p. 445
Authors: Stefan Mann
Link
A mathematical note on Msgr. John A. Ryan's thought on the minimum wage
p. 459
Authors: Emil B. Berendt
Link
The European Journal of the
History of Economic Thought
Bazaars of the Thousand and One Nights p. 629
Authors: Eyüp Özveren
Link
Interest rate gaps and monetary policy in the work of Henry Thornton:
Beyond a retrospective Wicksellian reading p. 657
Authors: Jean-Stéphane Mésonnier
Link
Economists on Darwin's theory of social evolution and human behaviour p.
681
Authors: Alain Marciano
Link
Wage behaviour and unemployment in Keynes' and New Keynesians' views: A
comparison p. 701
Authors: Nicola Meccheri
Link
Keynes vs. the Post Keynesians on the Principle of Effective Demand p.
725
Authors: Jochen Hartwig
Link
Lluis Argemí d'Abadal (1945 – 2007) p. 741
Authors: Jordi Pascual
Link
Poverty in Focus: Gender Equality
This issue of IPC’s journal Poverty in Focus presents a dozen articles
summarising some of the most important recent research results and
commentaries on the links between gender and poverty. Reducing gender
inequality promises significant returns; empowering women by improving
their living conditions and enabling them to actively participate in the
social and economic life of a country may well be the key for long-term
sustainable development.
• Available online at:
http://www.undp-povertycentre.org/pub/IPCPovertyInFocus13.pdf
Contents: - Gender, Labour Markets and Poverty: An overview Naila Kabeer,
Institute of Development Studies, Sussex
- Poverty as a Gendered Experience: The policy implications Gita Sen,
Indian Institute of Management
- The Burden of Gender Inequalities for Society Joana Costa and Elydia
Silva, International Poverty Centre
- Gender, Institutions and Development: Better data, better policies
Denis Drechsler, Johannes Jütting and Carina Lindberg
- Poverty, Employment and Globalisation: A gender perspective James
Heintz, Political Economy Research Institute, University of
Massachusetts Amherst
- Gender Equality and Economic Growth—for poverty reduction
Ruth Alsop and Paul Healey, Department for International Development, UK
- Gender Equality Is Good for the Poor Andrew Morrison, Dhushyanth Raju
and Nistha Sinha, the World Bank
- Reducing the Gender Gap in Education: The role of rural wage labour
John Sender, Development Studies, University of Cambridge
- Empowering Women through Microfinance: Evidence from India
Ranjula Bali Swain and Fan Yang Wallentin, Uppsala University
- Microfinance for Gender Equality: A dilemma? Irene KB Mutalima,
Christian Enterprise Trust of Zambia
- Is There Really a ‘Feminisation of Poverty’? Marcelo Medeiros and
Joana Costa, International Poverty Centre
- Beyond incomes: A New Take on the ‘Feminisation of Poverty’ Sylvia
Chant, London School of Economics
This collection of articles should contribute to a better understanding
of the importance of recognising the crucial role of gender inequalities
as barriers to economic and social development, and thus of undertaking
policy and institutional reforms that will more effectively reduce
poverty and social injustice.
Other IPC publications at:
http://www.undp-povertycentre.org/ipcpublications.htm
“Opting out”? The effect of children on women's employment in the United
States p. 1
Authors: Heather Boushey
Link
Working for less? Women's part-time wage penalties across countries p.
37
Authors: Elena Bardasi; Janet C. Gornick
Link
Is deindustrialization good for women? Evidence from the United States
p. 73
Authors: Ebru Kongar
Link
Whose money, whose time? A nonparametric approach to modeling time spent
on housework in the United States p. 93
Authors: Sanjiv Gupta; Michael Ash
Link
Poland's transition and new opportunities for women p. 123
Authors: Bozena Leven
Link
A Comment on“The Citation Impact of Feminist Economics ” p. 137
Authors: Frederic Lee
Link
Reply to Frederic Lee's Comment on“The Citation Impact of Feminist
Economics ” p. 143
Authors: Frances Woolley
Link
Sociedad Latinoamericana de Economía
Política y Pensamiento Crítico (SEPLA)
The first issue of our electronic journal was published at September
2007. Please visit the web page sepla.webhop.org.
Revista Electrónica
NÚMERO 1 - SEPTIEMBRE, 2007
Economía
Política
En el Siglo XXI
Contenido:
1.- Presentación de la Revista
2.- A Planificação Socialista em Cuba e o Grande Debate dos Anos
Sessenta
3.- Un Socialismo para el Siglo 21: Cuadro Sintético de Reflexión
4.- Marxismo y Economía Política de la Transición Socialista en la
Periferia del Capitalismo en la Epoca Contemporánea
5.- Tendências Sistêmicas e Anti-Sistêmicas: Um Olhar Sobre a América
Contexto Latina no
6.- La Experiencia Brasileña: Deuda Externa, FMI y Política Económica
7.- Política Económica en la Transición al Socialismo del Siglo XXI
8.- Declaración de Montevideo do Desenvolvimento do Sistema Mundial
Moderno
PRESENTACIÓN
How Wealthy Nations Can Stay Wealthy: Innovation and Adaptability in a
Digital Era p. 451
Authors: Tobias Schulze-Cleven; Bartholomew C. Watson; John Zysman
Link
The ‘New Conditionality’ of Socially Responsible Investing Strategies:
The Politics of Equity Financing in Emerging Markets p. 477
Authors: Susanne Soederberg
Link
Economic Ideology and Politics in the World Bank: Defining Hunger p. 499
Authors: Devi Sridhar
Link
The ‘Art’ of Colonisation: Capitalising Sovereign Power and the Ongoing
Nature of Primitive Accumulation p. 517
Authors: Tim Di Muzio
Link
Social Reproduction and the Constitution of a Gendered Political Economy
p. 541
Authors: Isabella Bakker
Link
The United Nations World Tourism Organisation p. 557
Authors: Lucy Ferguson
Link
Andrew Baker: The Group of Seven: Finance Ministries, Central Banks and
Global Financial Governance p. 569
Authors: Louis W. Pauly
Link
Inequality in Exchange: The Use of a World Trade Flow Table for
Analyzing the International Economy
Authors: Utz-Peter Reich
Link
Economic Integration: Systemic Measures in an Input–Output Framework
Authors: Dipti Prakas Pal; Erik Dietzenbacher; Dipika Basu
Link
Input–Output Based Measures of Underlying Domestic Inflation: Empirical
Evidence from Denmark 1903–2002
Authors: Kim Abildgren
Link
Labour Values, Prices of Production and the Effects of Income
Distribution: Evidence from the Greek Economy
Authors: Lefteris Tsoulfidis; Theodore Mariolis
Link
Potron and the Perron–Frobenius Theorem
Authors: Christian Bidard; Guido Erreygers
Link
The Extraction of Technical Coefficients from Input and Output Data
Authors: Thijs Ten Raa
Link
Some Comments on the GRAS Method
Authors: Manfred Lenzen; Richard Wood; Blanca Gallego
Link
Referees for Economic Systems Research , Volume 19, 2007
Link
History of Economics Review 46,
Summer 2007
Contents:
ARTICLES
- The Appointment of the ANU’s First Professor of Economics
Selwyn Cornish
- Walter Layton on the The Relations of Capital and Labour (1914): A
Marshallian Text pur sang?
Peter Groenewegen
- Mill, McCracken and the Modern Interpretation of Say’s Law
Steven Kates
- Not the Devil’s Decade: Nicholas Kaldor in the 1930s
J. E. King
- Making History by Making Identity and Institutions: The Emergence of
Post Keynesian–Heterodox Economics in Britain, 1974–1996
Frederic S. Lee
- On Ibn Khaldun’s Contribution to Heterodox Political Economy
Adil H. Mouhammed
- A Survey of Thomas Tooke’s Contributions to Political Economy
Matthew Smith
ONE HUNDRED YEARS FROM TODAY
- Irving Fisher’s ‘Rate of Interest’
Colin Rogers
COMMUNICATIONS AND NOTES FROM THE ARCHIVES
- John Maynard Keynes: External Examiner for the University of New
Zealand, 1919
Conrad Blyth
- Obituary: Professor Terence Wilmot Hutchison
Robin Ghosh
BOOK REVIEWS
- P.J. O’Rourke, ‘On the Wealth of Nations’
William Coleman
- G.C. Harcourt, ‘The Structure of Post-Keynesian Economics:
The Core Contributions of the Pioneers’
Jerry Courvisanos
- T. Raffaelli, G. Becattini and M. Dardi, ‘The Elgar Companion to
Alfred Marshall’
Mark Donoghue
- P. Coleman, S. Cornish and P. Drake (eds), ‘Arndt’s Story:
The Life of an Australian Economist’
Peter Groenewegen
- Valeria Mosini (ed.), ‘Equilibrium in Economics: Scope and Limits’
Peter Groenewegen
- A. Dow and S. Dow (eds), ‘A History of Scottish Economic Thought’
J. E. King
- Gordon Fletcher, ‘Dennis Robertson: Essays on His Life and Work’
Colin Rogers
- M. Skousen, ‘Vienna & Chicago: Friends or Foes? A Tale of Two Schools
of Free-Market Economics’
Osvaldo Schenone and Adrián Ravier
- James P. Huzel, ‘The Popularization of Malthus in Early Nineteenth
Century England: Martineau, Cobbett and the Pauper Press’
Michael Schneider
The Associative Economics Bulletin
The Associative Economics Bulletin consists of news and views on
associative economics, including short extracts from Associative
Economics Monthly (available electronically for £1 an issue at
www.cfae.biz/aem or in a
hard copy format - tel (UK) 01227 738207).
1. Editorial - Beyond Maths
2. Events at The London School of Economics
3. News - The Friends of Associative Economics
4. AE Festival in August
5. The Colours of Money and Other Events in 2008
6. The December AE-Bulletin
For detailed information, click
here.
What explains Latin America's poor investment performance during the
1980–2001 period?: a panel unit root analysis p. 1
Authors: Miguel D. Ramirez
Link
Interdependency and adjustments in the European Union p. 17
Authors: Jacques Mazier; Sophie Saglio
Link
Do liberal trade policies promote trade openness? p. 45
Authors: Turan Subasat
Link
Scale economies with regard to price adjustment costs and the speed of
price adjustment in Australian manufacturing p. 63
Authors: Michael Olive
Link
Classical biased technical change approach and its relevance to reality
p. 77
Authors: Hiroaki Sasaki
Link
The bilateral J-curve: Canada versus her 20 trading partners p. 93
Authors: Mohsen Bahmani-Oskooee; Gour G. Goswami; Bidyut Kumar Talukdar
Link
An analysis of growth competitiveness p. 105
Authors: Jay Squalli; Kenneth Wilson; Sarah Hugo
Link
Has Growing Inequality Contributed to Rising Household Economic
Distress? p. 1
Authors: Heather Boushey; Christian E. Weller
Link
Edmund Phelps and Modern Macroeconomics p. 23
Authors: Robert W. Dimand
Link
The Structure of Social Capital: An Austrian Perspective on its Nature
and Development p. 41
Authors: Emily Chamlee-Wright
Link
Was Frank Knight an Institutionalist? p. 59
Authors: Pier Francesco Asso; Luca Fiorito
Link
Classical Theory and Exhaustible Natural Resources: Notes on the Current
Debate p. 79
Authors: Fabio Ravagnani
Link
The Political Economy of Monetary Institutions in Brazil: The Limits of
the Inflation-targeting Strategy, 1999–2005 p. 95
Authors: Matías Vernengo
Link
The Monetization of Profits in a Monetary Circuit Framework p. 111
Authors: Eladio Febrero
Link
The Optimal Lifetime of Capital Goods: a Restatement of Sraffa's
Analysis of Fixed Capital p. 127
Authors: Giuseppe Vitaletti
Link
http://www.press.umich.edu/titleDetailDesc.do?id=93585
Socialism after Hayek reinvigorates the socialist quest for class
justice by rendering it compatible with the social and economic theories
of F. A. Hayek. Theodore A. Burczak advances a new vision of socialism
that avoids Hayek's criticisms of centrally planned socialism while
adhering to a socialist conception of distributive justice and Marx's
notion of freely associated labor. In contrast to the socialist models
of John Roemer, Michael Albert, and Robin Hahnel, Burczak envisions a
"free market socialism" in which privately owned firms are run
democratically by workers, and governments engage in ongoing
redistributions of wealth to support human development, yet markets are
otherwise unregulated.
Theodore A. Burczak is Associate Professor of Economics at Denison
University. Visit his website at:
www.denison.edu/economics/faculty/burczak.html.
"Burczakian socialism = (Hayek + Nussbaum + Sen + Ackerman + Resnick and
Wolff) = Ellerman = legal-economic democracy. Brilliant! Burczak takes
Hayek, his critics, and other social theorists and produces the
foundations of a legal-economic order in which the concerns of most
current thinkers are provided for. It is a deep, sustained, and
brilliant achievement."
---Warren J. Samuels, Professor Emeritus, Economics Department, Michigan
State University; former President of the History of Economics Society
and the Association for Social Economics; coeditor of the Journal of
Income Distribution; and author of over 40 books
"Theodore A. Burczak's Socialism after Hayek is a thoroughly researched
and thoughtful examination not only of the ideological debate that
framed the twentieth century, but of Hayek's intellectual framework.
Burczak hopes for an economic framework that is both humanistic in its
approach and humanitarian in its concern while being grounded in good
reasons. The book should be on the reading list of every comparative
political economist and in particular anyone who wants to take Hayek
seriously, including those who would like to push Hayek's classical
liberal politics toward the left in the twenty-first century. Burczak
has made an outstanding contribution to the fields of political and
economic thought and to Hayek studies in particular."
---Peter J. Boettke, Professor and Director of Graduate Studies,
Department of Economics, George Mason University, Fairfax
"An advance well beyond the great 'socialist calculation debate.'
Socialism after Hayek is both novel and challenging to contemporary
Hayekian scholars. Burczak is the only scholar working in the
post-Marxist tradition that thoroughly understands and appreciates the
Hayekian critique of socialism. He is on his way to answering many of
our long-held objections."
---Dave Prychitko, Department of Economics, Northern Michigan University
"One does not have to agree with all of Burczak's arguments to accept
that he has developed a bold, creative and challenging response to the
powerful Hayekian critique of socialism. Burczak wisely rejects the
agoraphobia---literally the fear of markets---of many socialists, and
focuses instead on the socialist goal of the abolition of exploitation.
If this important book is read by both socialists and Hayekians, then
there is a chance that debates on the viability of socialism may avoid
some past pitfalls."
---Geoffrey M. Hodgson, University of Hertfordshire, UK
"Provocative and expansive. An excellent book that deals in depth with
the relevant literature, incorporating it into a new analysis of the
question of socialism. . . . The scholarship is superior: Burczak
integrates the works of Hayek and Marx to develop a new theory of
justice and to provide a new way to think through the problems of a
socialist economy."
---Stephen Cullenberg, Department of Economics, University of
California, Riverside
"A brilliant, fair-minded approach to Marx, Hayek, Sen, and Nussbaum
yields a needed socialist vision for the twenty-first century."
---Stephen Resnick, Department of Economics, University of Massachusetts
Future Directions for Heterodox Economics
edited by John T. Harvey and Robert F. Garnett, Jr., Editors
http://www.press.umich.edu/titleDetailDesc.do?id=171896
Twenty-first century economists will have to understand and improve a
post-Cold War world in which no single economic theory or system holds
the key to human betterment. Heterodox economists have much to
contribute to this effort, as a wave of pluralism spawns new lines of
research and new dialogues among non-mainstream economists. Future
Directions for Heterodox Economics showcases the full range of heterodox
ideas, surveying leading-edge discussions of pluralism;
socially-grounded reconstructions of the individual in economic theory;
the goals and tools of economic measurement and professional ethics; the
complexities of policymaking in today's global political economy; and
innovative connections among formerly separate theoretical traditions
(Marxian, Austrian, feminist, ecological, Sraffian, institutionalist,
and post-Keynesian).
John T. Harvey is Professor of Economics at Texas Christian University.
Robert F. Garnett, Jr. is Associate Professor of Economics at Texas
Christian University.
Economics in Real Time: A Theoretical
Reconstruction
by John McDermott
http://www.press.umich.edu/titleDetailDesc.do?id=17693
This book offers a new model for contemporary economic behavior that
accounts for changes since neoclassical and Marxian microeconomics were
formulated over a century ago. By incorporating real time into the
analysis of sales and purchases, the phenomena of product innovation,
advertising and distribution, the provision of consumer credit, and,
ultimately, the production of a changing workforce all become intrinsic
to microeconomic analysis rather than being treated as extraneous to
fundamental theory.
Economics in Real Time transforms the analysis of contemporary sales and
purchases. In mainstream economics the series of purchases, say, of a
personal computer, then of software upgrades, peripherals, on-line
services, and even support services are analyzed as discrete,
essentially unrelated transactions. However counterintuitive, this
approach is theoretically necessary to sustain the free-market
narrative, its price and general equilibrium theories, and its
efficiency and welfare theorems. Economics in Real Time instead links
such related purchases within what is called a "sale/purchase state"
occupying the time interval that begins with the initial purchase of the
PC and ends only when all of the PC's services have been exchanged to
the buyer. Under this analysis, typical contemporary sale/purchase
states, as for automobiles, benefit plans, and electronic goods, place
the purchaser in continuing, often dependent relationships to multiple
sellers, at least some of which were not even overt partners to the
initial purchase. Moreover they typically impose a continuing stream of
expenditures upon the purchaser, as for automobile upkeep or music CDs,
and so forth.
Economics in Real Time analyzes a contemporary economy as shaped in both
its narrowly economic and broadly social features by these sale/purchase
states. It draws a radically different picture of its terrain,
challenging at the most fundamental level both the relevance and the
theoretical warrant of the free-market conception.
John McDermott is Professor Emeritus of the State University of New York
and a member of the editorial board of the Review of Radical Political
Economics. His books include Corporate Society: Class, Property, and
Contemporary Capitalism. His work has appeared in the New York Review of
Books, the Nation, and other venues. He now lives in the Boston area.
Liberating Economics:
Feminist Perspectives on Families, Work, and Globalization
by Drucilla K. Barker
and Susan F. Feiner
http://www.press.umich.edu/titleDetailDesc.do?id=11867
Liberating Economics draws on central concepts from women's studies
scholarship to construct a feminist understanding of the economic roles
of families, caring labor, motherhood, paid and unpaid labor, poverty,
the feminization of labor, and the consequences of globalization. Barker
and Feiner consistently recognize the importance of social
location—gender, race, class, sexual identity, and nationality—in
economic processes shaping the home, paid employment, market relations,
and the global economy. Throughout they connect women's economic status
in the industrialized nations to the economic circumstances surrounding
women in the global South.
Rooted in the two disciplines, this book draws on the rich tradition of
interdisciplinary work in feminist social science scholarship to
construct a parallel between the notions that the "personal is
political" and "the personal is economic."
Drucilla K. Barker is Professor of Economics and Women's Studies,
Hollins University.
Susan F. Feiner is Associate Professor of Economics and Women's Studies,
University of Southern Maine.
Following the success of the first two sets of Radical Thinkers
(published November 2005 and January 2007) Verso is pleased to announce
a new set of twelve titles in this very well received series.
The third set features some of the most notable authors in the Verso
canon, including Jean-Paul Sartre, Jean Baudrillard and Slavoj Žižek,
and makes available once again, long out of print titles by author such
as Roy Bhaskar and Aijaz Ahmad.
Beautifully designed, with new liquorice allsorts-like jackets, the
latest twelve titles are available at the same competitive price as the
previous set: £6.99/$12.95 each.
“A golden treasury of theory” - Eric Banks, BOOKFORUM
“Verso's beautifully designed Radical Thinkers series, which brings
together seminal works by leading left-wing intellectuals, is a
sophisticated blend of theory and thought. The 12 authors whose writings
are included in the series have worked tirelessly to expose the
mechanisms by which culture and knowledge are manufactured, managed and
controlled.” – Ziauddin Sardar, NEW STATESMAN
Edited by Jacques Bidet and Stathis Kouvelakis.
The Critical Companion to Contemporary Marxism is an international and
interdisciplinary volume which aims to provide a thorough and precise
panorama of recent developments in Marxist theory in the US, Europe,
Asia and beyond. Drawing on the work of thirty of the most authoritative
scholars, the Companion spans all the humanities and social sciences,
with particular emphasis on philosophy. The work is divided into three
parts: 'General Trends', which provides a broad intellectual and
historical context; 'Currents', which tracks the trajectories of twenty
specific currents or disciplinary fields; and 'Figures', which examines
in detail the work of fifteen key actors of Marxist or para-Marxist
theory (Adorno, Althusser, Badiou, Benjamin, Bhaskar, Bourdieu, Deleuze,
Derrida, Foucault, Gramsci, Habermas, Jameson, Lefebvre, Uno, Williams).
The Companion is set to be unsurpassed for many years, in breadth and
depth, as the definitive guide to contemporary Marxism.
http://www.brill.nl/product_id17981.htm
Institutional economics and
psychoanalysis: how can they collaborate for a better understanding of
individual-society dynamics?
by Arturo Hermann, Uniservice, Trento, Italy, 23.50 EUR
Beyond the World Bank Agenda: An
Institutional Approach to Development
Stein, Howard
320 p., 1 halftone, 2 line drawings, 13 tables. 6 x 9 2008
Cloth $45.00spec ISBN: 978-0-226-77167-0 (ISBN-10: 0-226-77167-9) Spring
2008
http://www.press.uchicago.edu/cgi-bin/hfs.cgi/00/269209.ctl
Despite massive investment of money and research aimed at ameliorating
third-world poverty, the development strategies of the international
financial institutions over the past few decades have been a profound
failure. Under the tutelage of the World Bank, developing countries have
experienced lower growth and rising inequality compared to previous
periods. In Beyond the World Bank Agenda, Howard Stein argues that the
controversial institution is plagued by a myopic, neoclassical mindset
that wrongly focuses on individual rationality and downplays the social
and political contexts that can either facilitate or impede development.
Drawing on the examples of Africa, Asia, Latin America, and transitional
European economies, this revolutionary volume proposes an alternative
vision of institutional development with chapter-length applications to
finance, state formation, and health care to provide a holistic,
contextualized solution to the problems of developing nations. Beyond
the World Bank Agenda will be essential reading for anyone concerned
with forging a new strategy for sustainable development.
Social Murder And Other Shortcomings
Of Conservative Economics
By Robert Chernomas and Ian Hudson
Arbeiter Ring Publishing
Corporate power is one of the strongest forces shaping our world. More
than half of the top 100 economic entities today are private
corporations. With their immense size comes commensurate influence, to
the point where corporations are able to wreak social and environmental
destruction with few serious consequences. Yet, amazingly, this subject
is essentially absent from the study of economics.
The conservative economic theory that dominates the profession is based
on the core belief that as little as possible should interfere with
businesses’ pursuit of profit. This approach to economics ignores
history, politics, poverty, the natural environment, and social class,
among other inconvenient realities. Conservative economics would almost
be laughable—were it not for the fact that this way of thinking helps
prop up the worst excesses of capitalism.
Social Murder examines the connections between the destructiveness of
global capitalism and the professional economists who help keep it that
way.
Robert Chernomas is a Professor of Economics at the University of
Manitoba with research and political interests in health economics, the
social determinants of health and macroeconomics.
Ian Hudson is an Associate Professor of Economics at the University of
Manitoba, currently researching in the areas of political economy and
ethical consumption.
To find out how to order please visit:
http://www.arbeiterring.com/new/socialmurder.html
Sociedad Latinoamericana de Economía Política y Pensamiento Crítico
(SEPLA) is devoted to economic thinking in an antineoliberal way. Please
visit the web page at:
http://sepla.webhop.org.
Professor Gustavo Vargas is planning to do a post PhD research on the
general subject of the firm theory, and in particular about
Multinational Firm or Transnational firm from a Post Keynesian-heterodox
perspective. He would like to hear from professors and researchers in
this area. You can e-mail Professor Vargas at
vargassanchez@hotmail.com.
On November 30, 2007 Ken passed away peacefully at his home in Dallas
with his wife Mona at his side. Ken was 83. He was born in Newton,
Kansas on October 12, 1924. He was very active in heterodox economics
associations, being an original founder of the Association for
Evolutionary Economics and of the Association for Institutional Thought.
He was elected President of the Association for Social Economics. He
also received the Thomas Devine Award in Social Economics. He helped
Ludwig Mai of St. Mary’s University in San Antonio begin publishing The
Forum for Social Economics and later served as its editor. He also
served on the Editorial Board of the Review of Social Economy. Ken
studied with Clarence Ayres at the University of Texas. He earned his
Ph.D. from Ohio State University in 1955. After two years at Ohio he
moved to the University of North Texas where he taught from 1957 to 1988
and received numerous teaching awards, all well-deserved.
In his dissertation he showed that democratic economic planning was a
central element in institutional economics. His Presidential Address to
the Association for Social Economics was entitled “Economics as a Moral
Science.” Ken never lost his faith in the spirit of FDR’s New Dealism.
He worked quietly to maximize his effectiveness. That was his way—fierce
attachment to a moral and ethical vision combined with an ability to
persuade softly. The soft persuasion was due to his inveterate kindness.
He was a genuinely nice man. He introduced me and other young economists
(Ron Stanfield) to many people who could help us and urged them (unknown
to me) to do so. He spent countless hours reading and critiquing my
early papers, encouraging and supporting me and others like me at every
turn.
Ken once told me that Gross Domestic Product, Net Economic Welfare, and
the Unemployment Rate were all important, but they needed a human and
personal dimension: visit the poorer quarters of the country yourself
and look at the faces of the babies and their mothers. Are the babies
happy and healthy, gurgling and rambunctious? Are the mothers smiling
and relaxed? Do they give off an aura of joy? Are they well-fed? Or, are
the babies silent and listless? Their mothers drawn and tired? Do they
look hungry? Only after you look, will you really know how to rank the
economy that produced them.
Maybe even now someone is producing “The Cochran Index.” Rest in Peace
Ken. Your light shines on.
William M. Dugger
Tulsa, Oklahoma
December 9, 2007
Andrew Glyn
It is with great sadness that I pass along the news that Andrew Glyn
died today (December 23, 2007). I just received a phone call from Bob
Sutcliffe in Oxford informing me of this. Andrew was diagnosed with a
severe, and inoperable, brain tumor only a couple of months ago. It
obviously took hold of him relentlessly. Now he is gone. Of course,
Andrew has been one of the great figures in political economy for more
than 30 years. My friends and I were debating his 1972 book with Bob
Sutcliffe, British Capitalism, Workers and the Profit Squeeze, when we
were graduate students in the 1970s. We didn’t realize then that Andrew
was only a few older than we were. Andrew continued to make seminal
contribution throughout the next three decades. His most recent book
Capitalism Unleashed, is, in my view, the best analytic history of
neoliberalism around.
I happened to review Capitalism Unleashed for New Left Review for their
August 2007 issue—just a few months ago. I heaped deserved praise on the
book and Andrew. But I did also offer some criticisms, including that he
didn’t go very far by way of an ending. Here is Andrew’s response to
this criticism, which was characteristic of him: modest, extremely
funny, and bound up with jazz, which he loved:
“I did worry a lot about how to finish the book off and how much to say
programmatically but in the end feebly followed Miles David' advice to
John Coltrane - "try taking the horn out of your mouth"”
Andrew was a fantastic person: he was a truly great economist with a
deep, lifelong commitment to the left. He was also unbelievably warm and
generous as a friend. I also had the good fortune to observe him a bit
up close as a father. There is no getting around the loss that his
children are now experiencing. But they can also feel fortunate in all
that they were able to gain, and will continue to gain, from having been
with Andrew. I think we should be inspired by Andrew’s memory as we move
on in everything we do this coming year.
Bob Pollin
I didn't know Andrew personally, although I did speak to him over the
phone once or twice. However, he was a very influential voice for
Marxism around the British Labour left. In the late 70s, he inspired
many young people drawn to socialism with his clear analysis. I will
always be grateful for the work he (often with Bob Sutcliffe) produced
during that period. This was a time when the crisis of the Keynesian
system was obvious to everyone, and the Thatcherite neoliberal right was
waiting in the wings. Andrew helped radicals understand what was
happening with global capitalism as the long postwar boom came to a
grinding halt. He was also clear about the need for a democratic
socialist alternative. Like Bob Pollin, I would also recommend his last
book, "Capitalism Unleashed." It really puts the last 30 years in
context. Let's use this work to think about the next 30 years, and what
we need to do to pull the curtain down on this insane and barbaric
system once and for all.
Do you want to have an impact beyond the academy walls? Want to share
your knowledge and help challenge the mainstream media’s account of how
the U.S. economy works? Dollars & Sense is looking for progressive
Boston-area academics to join our collective and take an active role in
our work for economic justice.
Dollars & Sense publishes critical analyses of a broad range of economic
topics. Our readers include professors, students, journalists, and
activists, who value our smart and accessible economic coverage. Our
unique perspective and economic focus make Dollars & Sense an important
resource for economic justice activists. James Tracy of the San
Francisco Community Land Trust writes that he uses Dollars & Sense as “a
community organizing tool. ...The articles ... break down complicated
issues in ... terms that everyone can understand. Dollars & Sense has
been useful in communicating with both community members and policy
makers.”
In addition to our bimonthly magazine, Dollars & Sense also publishes
college-level economics readers that give thousands of college students
each year the economic story that their textbooks don’t tell. Robin
Hahnel of American University says that our books are “jargon-free,
up-to-date, and consistently and thoughtfully progressive. As textbooks
become more conservative and less topical, Dollars & Sense readers are
more useful than ever.”
Located in Boston, D&S is run by a collective that aspires to operate in
a democratic and non-hierarchical structure. The collective—which
includes professors, graduate students, journalists, and activists—works
with the paid staff to help produce the books and magazine, and run the
business. Collective members write and edit articles, participate in
planning new books, help us find new supporters, and contribute to all
major decision-making. The collective meets every Thursday evening and
members are expected to attend at least twice a month. You don’t need to
be an economist to join—you just need a strong interest in radical
economics, and a desire to pitch in and help.
For more information, please e-mail
dollars@dollarsandsense.org,
and tell us a little about yourself. Visit dollarsandsense.org to learn
more about what we do.
Save the Marxian Tradition at
Seoul National University, South Korea
This is an urgent appeal for solidarity in the struggle against
neoliberalism-dominated economics in universities. Marxian economics at
Seoul National University (SNU) is hovering on the brink of elimination.
We are aware that these processes are also happening at University of
Marburg now and a lot of universities in the world have already begun
eliminating the critical or non-mainstream traditions in social sciences
under claims of efficiency, market principle, and restructuring of
university, etc.
The only Marxian economist in the faculty of SNU, Prof. Soohaeng Kim is
going to retire in Feb.2008. He is famous in Korea for having translated
Marx's Capital into Korean and his translations have sold about 350
thousand copies since 1988. Marxism has been one of the serious weapons
against long-standing military dictatorship and domination of capital in
industrial relations here in South Korea, and therefore Prof. Kim's
lecture of Marxian economics has been overcrowded with many students
enthusiastic about radical change and true democracy of Korea. He has
taught 'Introduction to political economy' and 'Marxian economics' at
the undergraduate level, and 'Studies in Marxian economics' at the
graduate level and supervised 15 Ph.d. dissertations about Marxian and
non-mainstream themes in economics.
However, it is highly likely that his position will be replaced by a
neoliberal economist when he retires in February. Unsurprisingly, 32 of
33 faculty members are pro-market conservative economists and 30 of the
33 have gotten their Ph.D degrees from universities in the United
States. In fact, Prof. Kim was able to join the faculty of SNU in 1989
as a result of graduate students' demonstrations with a boycott of
classes back then. Most of the faculty in the department of economics in
SNU have assumed a displeased stance against the Marxian tradition in
SNU, often called 'the highest ranking university of Korea', and Prof.
Kim's retirement is a good chance for them to wipe out this tradition at
SNU.
We graduate students are preparing to fight to preserve the Marxian
tradition at SNU. While we are preparing concrete actions here,
including a graduate students sit-in and protest assemblies, it is
crucial that our struggle not be isolated and thus we are appealing for
international support through a signature campaign. Marxian economics is
still an important branch for critical social science and its role as a
lens for understanding class dynamics between capital and labour has
grown even more crucial as the neoliberal attack is winding around every
corner of Korean society, let alone the universities.
We are urgently appealing for your support. Please take a minute to act
in solidarity by sending an e-mail with your name, school or
organization, and country to
vorwarts@naver.com to indicate your support for our cause. If
you need any further information, please do not hesitate to contact me.
We would be tremendously grateful if you could also further distribute
this to sympathetic colleagues, comrades etc. We will be taking
signatures until Tuesday, February 5 , 2008 and urge you to please take
the small but very important solidarity action by sending the e-mail
today.
Thank you very much for your consideration and support.
May our struggle meet with solidarity and the May Marxian tradition in
economics survive the neoliberal attack at SNU!
A New Collection on American Economic
Thought and Policies
Princeton University's Seeley G. Mudd Manuscript Library has completed a
two-year project to process all of its economics-related public policy
collections to modern standards.
Twenty-eight collections, totaling over 1,100 linear feet, were
processed through the generous support of the John Foster and Janet
Avery Dulles Fund and a grant from the National Historical Publications
and Records Commission (NHPRC). Electronic finding aids for each
collection are available on its website for researchers:
http://diglib.princeton.edu/ead/index.html
These collections provide a rich resource about American economic
thought and policies in the 20th century and the impact of American
economic policy and the ideas of some of the leading economic thinkers
on the emerging world economy, especially in developing nations. The
collections as a whole document economic activity that spans the globe,
including every settled continent. The main subjects documented by the
papers are public and international finance, economic development, and
economic policy, as well as monetary policy, policies during World War I
and II, business history, and demography. These records provide insight
into the economic debates that thrived during the 20th century, whether
they be the establishment or disavowal of the gold standard,
international monetary policy and free trade, the various approaches to
what was called Third World development (including population control),
or means to alleviate depression and/or inflation. In a time when free
market ideas are ascendant, these collections bear testament that the
path was neither linear nor smooth.
The collections document both the theory and practical application of
economics and include the papers of scholars, United States government
officials, advisors to governments throughout the world, bankers,
lawyers, businessmen, a policy advocacy group, and organizations devoted
to economic development. Among the important collections are the papers
of Edwin W.
Kemmerer, advisor to many countries on monetary policy during the 1920s;
Jacob Viner, one of the most prominent economic scholars of the 20th
century; Nobel Laureate W. Arthur Lewis; and Albert O. Hirschman, a
leading scholar in the field of economic development. Records of
prominent organizations were also processed as part of the project
including the records of Development and Resources Corporation, a
for-profit corporation involved in economic development around the
world, including a substantial project in Iran; Women's World Banking, a
non-profit international financial institution that facilitates the
participation of women entrepreneurs in the modern economy; and the
Economists' National Committee on Monetary Policy, an advocacy group for
monetary policy, especially for the gold standard, in the United States.
The project began in October 2005 with the hiring of project archivist
Adriane Hanson to oversee the work on the 28 collections.
She was joined in January 2006 by special collections assistant
Christopher Shannon and a small group of student assistants. In two
years, the team arranged and rehoused all 28 collections, ranging in
size from 1 box to 450 boxes. Hanson wrote finding aids and catalog
records for each of the collections, which are now available online to
aid researchers in discovering and utilizing these rich resources.
It is with a great feeling of sorrow that I read about Stephen Frowen's
death. Stephen was not only a good economist but was truly a great
gentleman -- in the finest sense of the word. Unfortunately neither the
economics profession nor the world at large have many who have the
wonderful intelligence and character that Stephen displayed. I treasure
the few encounters and dscussions that Stehen and I had over the years.
From hindsight, I wish there had been many more.