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Issue 60: April 15, 2008

From the Editor

There are a number of very interesting conferences, seminars, and lectures listed in the Newsletter, so it is not possible to name them all. I have already mentioned the EAEPE conference and there are the Rethinking Marxism events, New Deal for the 21st century conference, and the Cachan-Amsterdam History of Economics as History of Science Workshop. There is also an interesting paper by Jamie Galbraith on the collapse of monetarism, the web site of the Japanese Post Keynesian Group, and a note on the award of the first John Kenneth Galbraith Prize in economics to Mel Watkins and Kari Polanyi Levitt.

Producing the Newsletter is not a costless activity. For example, the work is needed to improve the presentation and the coverage of the Newsletter. Up to now I have not had the financial resources to do this. But this month, I am receiving a 15,000 euro grant from the Charles Leopold Mayer Foundation for the Progress of Humankind (FPH)( www.fph.ch ) to be used to improve the Newsletter and its distribution and impact. In return, I have agreed to produce book and article reviews on the following themes: rethinking trade regimes, rethinking the regulation of goods and services, the role of currency and finance, and diversity of economic approaches—further information about the themes and the reviews is attached. Over the next few weeks a preliminary list of articles, books, book chapters, theses, dissertations, government reports and other material will be compiled with consultation of heterodox economists who will be given a modest honorarium for their work. Given the list, reviewers will be solicited and perhaps in some cases honorariums paid (but this part has not been completely worked out yet). If you are interested in contributing to and reviewing material for the Newsletter-FPH project, please contact me by e-mail( leefs@umkc.edu ).

Fred Lee

In this issue:
  Call for Papers
  - World Association for Political Economy
- EAEPE Annual Conference
  Conferences, Seminars and Lectures
  - Rethinking Marxism
- Cachan-Amsterdam History of Economics as History of Science Workshop
- Marx Memorial Library Summer Lecture
- Annual Stone Lecture Series 2008
- Economic Expertise in the NYT and WSJ in 1971-1974
- Seminaire Arc 2
- Poverty and Inequality in the UK: 2008
- Twelfth Annual British Academy Lecture
- Grande édition Marx-Engels (GEME)
- Markets as Institutions: History and Theory
- Clone Towns?: The High Street in Historical Perspective
- Engines of Growth: Innovation, Creative Destruction, and Human Capital Accumulation
- Industrial History, Industrial Culture: Representations Past, Present, Future
- A New Deal for the 21st Century Conference
- J'organise une conférence à Bordeaux le 23 avril 2008
- 17th Annual Hyman P. Minsky Conference
Job Postings for Heterodox Economists
  - University of Amsterdam
- University of Queensland, Austria
- Portland State University, Portland, OR
- University of Bath
  Heterodox Conference Papers and Reports and Articles
  - The Collapse of Monetarism and the Irrelevance of the New Monetary Consensus
- Financial Markets Meltdown: What Can We Learn from Minsky?
- Financial Flows and International Balances—The Role of Catching Up by Late-industrializing Developing Countries
  Heterodox Journals and Newsletters
  - International Review of Applied Economics
- Journal of Economic Methodology
- Review of Political Economy
- The European Journal of the History of Economic Thought
- Metroeconomica
- The Essays in Political Economy (EPE)
- IDEAs
  Heterodox Books and Book Series
  - Routledge Frontiers of Political Economy Series
- Behaviour and Rationality in Corporate Governance
- Palgrave Dictionary of Economics
- Historical Materialism Book Series
Heterodox Websites and Blogs
  - Japanese Post Keynesian Group
  For Your Information
  - John Kenneth Galbraith Prize in Economics
- Radical Statistics 4th Biennial Critical Essay Competition
- The "embedded" capitalism of Joseph Schumpeter and John Kenneth Galbraith
- A Conversation with Milton Friedman
   

Call for Papers

World Association for Political Economy

Third Forum of the open minded World Association for Political Economy (WAPE) - May 24-25, 2008 at Langfang City/Beijing, China (Hosted by the Academy of Marxism, Chinese Academy of Social Sciences (CASS) The School of Economics and Management, Tsinghua University, and The U.S. journal Nature, Society, and Thought)

The main theme is "Marxism and Sustainable Development"
The deadline for the proposal of papers currently was extended to April 25, 2008
See also www.wape2006.org  (2006 was the first WAPE Forum in Shanghai)

EAEPE Annual Conference

Rome, 6-8 November 2008
*DEADLINE EXTENDED TO WEDNESDAY, 30th APRIL 2008*

In order to harmonise with the deadlines of the Call for Paper by the Research Area Coordinators, we have extended the deadline for the EAEPE Annual Conference 2008, "LABOUR, INSTITUTIONS AND GROWTH IN A GLOBAL KNOWLEDGE BASED ECONOMY" to 30th April 2008.

Please upload a 600-1000 word abstract to http://eaepe2008.eco.uniroma3.it 
by April 30 2008.
The abstract should clearly mention:
* Title of the paper
* Name of the author(s) and full address of the corresponding author (postal address, phone, fax and email)
* the aim of the study and methodology
* (expected) results and/or conclusions
* up to 5 keywords and code of the (closest) EAEPE research area
Complete session proposal (four abstracts):
Please send your session proposal to eaepe2008@uniroma3.it 
and upload separately the abstracts of the session papers on the Conference web site stating explicitly in the abstract page that the papers are part of a session proposal http://eaepe2008.eco.uniroma3.it 
All the submitted abstracts will be refereed by the scientific committee.
Important datelines:
Deadline for abstract submission:30th April, 2008
Notification for abstract acceptance: 30th May, 2008
Deadline for paper submission: 20th September, 2008

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Conferences, Seminars and Lectures

Rethinking Marxism

20th Anniversary Events

20th Anniversary Issue of Rethinking Marxism
Volume 20, Issue 4 (October 2008)
The special issue commemorating 20 years of Rethinking Marxism’s publication will include contributions
from Etienne Balibar, Stephen Resnick & Richard Wolff, Kojin Karatani, J. K. Gibson-Graham, Antonio
Negri, Gayatri Chakravorty Spivak & Benjamin Baer, Susan Jahoda & Jesal Kapadia.

The issue will also contain a special interview with the past and present editors, in which they discuss
some of the ideas and issues shaping both the emergence and trajectory of the journal.

Special sessions will be held at each of the following four conferences addressing the status of Marxism
in contemporary politics, and the particular role of the journal Rethinking Marxism:

Surplus/Excess
University of California-Riverside (4-5 April 2008)
“Exceedance: 20 Years of Rethinking Marxism,”
The session’s participants will be Jack Amariglio, Joseph Childers, Philip Kozel, Susan Jahoda, Erik
Olsen, and David F. Ruccio
Routledge and Rethinking Marxism will also sponsor a 20th anniversary reception at the conference.
For more information: http://rethinkingmarxism.org/cms/node/1072 

Cultural Studies Association
(22-24 May 2008)
“Culture/Economy: 20 Years of Rethinking Marxism,”
The session’s participants will be: S. Charusheela, Susan Jahoda, Jesal Kapadia, Yahya Madra, Richard
Wolff, Maliha Safri, and Joseph Childers.

AESA Conference/Celebration
(September 2008,TBA)
The Association for Economic and Social Analysis will sponsor a conference in Amherst, MA celebrating 20
years of Rethinking Marxism.

Cachan-Amsterdam History of Economics as History of Science Workshop

This is to inform you that the programme of the 5th "Cachan-Amsterdam History of Economics as History of Science Workshop" is available at:

http://economix.u-paris10.fr/fr/activites/ws/?id=58

Marx Memorial Library Summer Lecture

Monday 12 May 7.00 pm

"Materialism and Emperiocriticism: Lenin, Bogdanov and the fight for a distinct Bolshevik philosophy"
Dr Peter Jones, Sheffield Hallam University, speaks on the origins of Bolshevik philosophy and the clash
between Lenin and Bogdanov in 1908.

Admission £1, 50p concessions

Marxhouse
37a Clerkenwell Green
London EC1R 0DU
Telephone 020 7253 1485

Annual Stone Lecture Series 2008

'Economic Data and the Distribution of Income'

Sir Tony Atkinson, FBA

The Sir Richard Stone lecture series is a joint initiative between the National Institute of Economic
and Social Research and Cambridge University Press. It is a series of lectures by the world's leading
academic economists.

- Stone Lecture 'The Distribution of Income: the n+ U hypothesis'
Tuesday 15 April 2008
5pm - 7.30 pm

National Institute of Economic and Social Research
2 Dean Trench Street, Smith Square
London SW1P 3HE
Chair: Dr Martin Weale, Director of NIESR

- Stone Lecture 'Economic Data and Data in Economics'

Wednesday 16 April 2008
5pm - 7.30pm
Bank of England,Conference Centre, Museum Entrance
Bartholomew Lane
London EC2R 8AH
Chair: Professor Charlie Bean, Executive Director and Chief Economist at the Bank of England

A reception will follow both lectures to facilitate more informal discussion.
Though admission to the lectures is free, advanced booking is required.

To reserve seats, RSVP to Johanna Juselius by
email: j.juselius@niesr.ac.uk or
phone: 020 7654 1931 or you can write to us at
2 Dean Trench St, Smith Square, London SW1P 3HE

Economic Expertise in the NYT and WSJ in 1971-1974

Writing About the Dollar: Economic Expertise in the New York Times and Wall Street Journal in 1971-74 on May 13, 2008 at the Ecole Normale Supérieure de Cachan (France) is part of the H2S seminar program on History, Economics, and the Economy.

Seminaire Arc 2

ACCUMULATION, REGULATION, CROISSANCE ET CRISE
CEPREMAP - GERME (Paris VII) - IRISES (Paris IX)
CEPN (PARIS XIII) - MATISSE (PARIS I)

Lundi 14 avril (15h-19h)
Salle 216, Centre Panthéon
Accès : http://www.univ-paris1.fr/universite/campus/article52.html

"Les réformes des universités européennes "
15h00- 16h00 : François Castaing (Institut Maghreb-Europe/Erasme , Université de Paris 8)
Le poids de la concurrence universitaire en France : intérêts et limites d’une approche en termes de «
marchandisation »

16h 00 - 17h00 Fabio Montobbio (Associate Professor of Economics - University of Insubria – Varese,
CESPRI - Università Bocconi)
Transfert de technologie et propriété intellectuelle: quelques enseignements du modèle universitaire
américain pour l'Europe

17h00 17h15 Pause

17H15 -18h30 Panel sur les réformes des universités euorpéennes
(C.Charle (U.Paris 1), T.Chevaillier (U.Bourgogne ) , C Dutertre (U.Paris 7), T Lamarche (U.Lille), ..

Le calendrier du séminaire ARC2 est disponible sur les deux sites suivants :
http://www.paris-jourdan.ens.fr/semin/index4.php?option=agenda&code=ACCRCCR 
http://www.arc2.org

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

Poverty and Inequality in the UK: 2008

10.30 - 12.30 (registration and coffee from 10am), 6 May 2008
Venue: Institute for Fiscal Studies

The Government's latest figures on the distribution of income and the extent of relative poverty in the
UK will be released by the Department for Work and Pensions on Friday 2 May. The IFS will be releasing a
report on the latest figures and recent trends on Tuesday 6 May.

This briefing will assess:

- How average incomes in Britain have continued to change and what has been happening to the gap between
rich and poor;

- Whether the surprise rise in child poverty evident in the previous year of data was a one-off or the
start of a new trend;

- The latest trends in pensioner poverty, and what has happened to poverty amongst groups less favoured
by Government tax and benefit policies.

- How the level and changes in living standards and poverty rates vary across the regions of the United
Kingdom What we can learn from the new material deprivation measure of child poverty

- This report will be launched on Tuesday 6 May at the IFS offices in Ridgmount Street, London. The
briefing will start at 10:30am and is expected to conclude by 12.30pm.

Places at this briefing are free of charge and will be allocated on a first-come first-served basis.

The IFS will also be issuing a press release commenting on the official Households Below Average Income
report, and this will be available from the morning on Friday 2 May.

Twelfth Annual British Academy Lecture

What is the State?
Professor Quentin Skinner FBA
University of Cambridge
Tuesday, 13 May 2008
5.30pm - 6.30pm, followed by a drinks reception
The British Academy, 10 Carlton House Terrace,
London, SW1Y 5AH
Free Admittance
The state is the name normally assigned to the agency that wields sovereign power over some determinate
territory. To understand the concept, however, we need in addition to know whose actions properly count
as actions of this agency, and hence as authentic expressions of the sovereign authority of the state.
The lecture proceeds by way of offering a genealogy of various rival answers that have been given to
this question in modern Anglophone legal and political thought, concluding with an assessment of the
prevalent view that we may now be moving into a 'post sovereignty' era beyond the state.
Professor Quentin Skinner was elected a Fellow of the Academy in 1981. The author or co-author of more
than twenty books, his works have been very widely translated, and his two-volume study, The Foundations
of Modern Political Thought, was named by the Times Literary Supplement in 1996 as one of the hundred
most influential books published since the second world war.

The Annual keynote British Academy Lecture was established to mark the Academy's move to new
headquarters in Carlton House Terrace in 1998.
A poster for your notice board can be downloaded here:
Please visit our website for full details of our forthcoming events.
Telephone enquiries: 020 7969 5246 / Email: lectures@britac.ac.uk 
Please note our ticketing and seating policy:
British Academy Lectures are freely open to the general public and everyone is welcome; there is no
charge for admission, no tickets will be issued, and seats cannot be reserved. The Lecture Room is
opened at 5.00pm, and the first 100 audience members arriving at the Academy will be offered a seat in
the Lecture Room; the next 50 people to arrive will be offered a seat in the Overflow Room, which has a
video and audio link to the Lecture Room. Lectures are followed by a reception at 6.30pm, to which
members of the audience are invited.

Grande édition Marx-Engels (GEME)

Le projet de Grande édition de Marx et d’Engels en français, la GEME, se propose de réaliser le projet
jusqu’ici souvent initié mais jamais abouti d’une édition complète des oeuvres des deux auteurs, ainsi
que des outils nécessaire au travail scientifique sur leurs écrits (index des concepts, etc).
Aujourd’hui, ce travail est notamment rendu possible grâce au projet Marx-Engels Gesamtausgabe (MEGA),
qui a publié près de soixante tomes des écrits de Marx et Engels, soit plus de la moitié de l’ensemble
prévu.
http://www.gabrielperi.fr/rubrique.php3?id_rubrique=284 

Cette initiative est conduite en partenariat avec les Éditions sociales, l’association GEME,
l’Université de Bourgogne et la Fondation Gabriel Péri.

L’Université de Bourgogne organise une série de séminaires qui se proposent, « dans le cadre du travail
critique qui accompagne cette entreprise de traduction, d’ouvrir de nouvelles perspectives de recherches
philologiques et historiques ». Le premier séminaire aura lieu le 28 mai 2008 (plus d’informations ici)

Lancement officiel du projet : mercredi 16 avril à La Sorbonne

Avec les interventions de :
• Jean Salem, professeur à l’Université de Paris-I, directeur du Centre d’Histoire des Systèmes de
Pensée Moderne ;
• Isabelle Garo, présidente de l’association GEME, professeur en classes préparatoires, Lycée Faidherbe
(Lille),
• Serge Wolikow, professeur à l’Université de Bourgogne, président du réseau des MSH ;
• Michael Krätke, représentant de la MEGA (Marx-Engels-Gesamtausgabe), professeur à l’Université
d’Amsterdam ;
• Robert Hue, président de la fondation Gabriel Péri, sénateur.

Mercredi 16 avril 2008, 19h
La Sorbonne (Université Paris-I)
Amphithéâtre Lefebvre
17, rue de la Sorbonne - Paris 5e

Lors de cette soirée sera présentée le premier volume de la Grande Edition Marx-Engels en français, la
Critique du programme de Gotha de Karl Marx. Ce volume est présenté et traduit par Sonia Dayan-Herzbrun
et Jean-Numa Ducange.

Markets as Institutions: History and Theory

The 3rd European Association of Evolutionary Political Economy symposium, Markets as Institutions: History and Theory, is to be held on September 5 and 6, 2008 in collaboration with the Economic Policy Laboratory of Athens University of Economics and Business.

Clone Towns?: The High Street in Historical Perspective

Clone Towns? The High Street in Historical Perspective on September 10 and 11, 2008 at the University of Wolverhampton, UK is a Centre for the History of Retailing and Distribution conference exploring the changing nature of the high street from the medieval to the contemporary period in Britain and elsewhere.

Engines of Growth: Innovation, Creative Destruction, and Human Capital Accumulation

A number of sessions at the Economic History Association Meetings in New Haven, Connecticut on September 12-14, 2008 are devoted to the theme "The Engines of Growth: Innovation, Creative Destruction, and Human Capital Accumulation" but papers on all subjects in economic history are welcome.

Industrial History, Industrial Culture: Representations Past, Present, Future

A European Graduate School for Training in Economic and Social Historical Research advanced seminar at the University of Swansea, UK on September 17-20, 2008 seeks to bring together students from different backgrounds to discuss Industrial History, Industrial Culture: Representations Past, Present, Future and related issues.

A New Deal for the 21st Century Conference

As income and wealth inequality approach levels not seen since the dawn of the Great Depression, we invite you to participate in a one- day conference on April 9: A New Deal for the 21st Century.

Our partners at the Roosevelt Institution are marking the 75th anniversary of the New Deal by exploring policy ideas that will make up a new social contract for future generations, and EPI is honored to be among the event's co-sponsors.

The lineup of speakers is impressive and includes our President, Dr. Lawrence Mishel. Best of all, registration is free!
Join us on April 9 and spread the word to all who would be interested.

Christian Dorsey
EPI Outreach Coordinator

A New Deal for the 21st Century One-Day Conference
Speakers include:
Rep. Paul Kanjorski (D-PA)
Sen. Bernie Sanders (D-VT)
William Leuchtenberg
Katrina vanden Heuvel
Jonathan Alter
Robert Borosage
Eric Alterman

Registration and agenda available at:
www.rooseveltinstitution.org/newdeal
Following the conference, the Franklin and Eleanor Roosevelt Institute presents the FDR Distinguished Public Service Award to Speaker of the House Nancy Pelosi and Senate Majority Leader Harry Reid at a gala dinner. Contact: Marianne Sherow, msherow@feri.org
Event co-sponsors include:
The Nation
The Economic Policy Institute
The Center for Community Change
NDN
Campaign for America's Future
Demos
The Progressive States Network
The Drum Major Institute
The American Prospect

J'organise une conférence à Bordeaux le 23 avril 2008

Le sujet "la délibération au sein des conseils de politique monétaire des banques centrales indépendantes" et cette journée entrent dans le cadre d'un financement obtenu de la région Aquitaine dans le cadre d'un programme de recherches (2006-2009) regroupant les différents centre de recherches de Sciences Po Bordeaux sur le thème des "nouveaux lieux de gouvernance et de délibération".
Cette journée est ouverte à tous.
Elle servira également à présenter le nouvel ouvrage "Les banques centrales doivent-elles être indépendantes?" que j'ai co-écrit avec Philippe Moutot, directeur de la politique monétaire à la BCE, et qui vient juste de paraître aux éditions Prométhée dans la collection Pour ou Contre.

Gouvernance et délibération
23 avril 2008
Gouvernance et délibération au sein des Conseils de Politique monétaire des banques centrales indépendantes Sciences Po Bordeaux – Université de Bordeaux
10 H - 11H Faucons versus colombes au conseil de politique monétaire de la Banque d’Angleterre ?
Emmanuel Carré Sciences Po Bordeaux - GREThA
11 H - 12H Conseil de politique monétaire : délibération et design
institutionnel
Edwin Le Heron Sciences Po Bordeaux - SPIRIT
14 H - 15 H The Dutch disease and its neutralization: a Ricardian approach
Luiz Carlos Bresser-Pereira Fondation Getulio Vargas – Ancien ministre du Brésil
15 H - 16 H Monetary policy preparations and decision-making: selected issues
Philippe Moutot Directeur Politique Monétaire à la BCE
16 H - 17 H Table ronde sur la délibération dans les conseils de politique monétaire des banques centrales indépendantes
Avec Luiz Carlos Bresser-Pereira, Emmanuel Carré, Edwin Le
Heron, Philippe Moutot

17th Annual Hyman P. Minsky Conference

Credit, Markets, and the Real Economy: Is the Financial System Working?
April 17–18, 2008
Annandale-on-Hudson, N.Y.
Program and registration information is available at www.levy.org.  

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Job Postings for Heterodox Economists

University of Amsterdam

The University of Amsterdam (UvA) is a university with an internationally acclaimed profile, located at
the heart of the Dutch capital. As well as a world center for business and research, Amsterdam is a hub
of cultural and media activities. The UvA is a member of the League of European Research Universities.
The Faculty of Economics and Business (FEB) at the University of Amsterdam (UvA) consists of the
Amsterdam Business School and the Amsterdam School of Economics. The Amsterdam School of economics (ASE)
has the following vacancy:
Assistant Professor in History and Methodology of Economics full time vacancy number 08-5008 For both
internal and external candidates The successful applicant will undertake and help coordinate teaching in
history and methodology of economics to economics and business students at undergraduate (BSc) and
graduate (MSc) level. The teaching task will include supervision of BSc and MSc theses.

The Amsterdam School of Economics (ASE) fosters a stimulating academic climate. The School is among the
top economics research institutes in Europe. The most recent ranking by the Journal of the European
Economic Association puts the ASE in the top 10. For her/his research the new faculty member will
participate in the ‘History and Methodology of Economics' research group, which is one of the
internationally leading groups in this field.

Research of the new faculty member will be evaluated according to international standards. Extension of
the appointment will be decided after a period of two years and in light of research and teaching
evaluations.
Requirements
Requirements are a PhD in economics, history of (social) sciences, philosophy, or other relevant
discipline, the proven ability to initiate and implement research of international standards, the
ability to stimulate and encourage the research of others, demonstrated teaching excellence, and the
ability (or stated intention) to teach in both Dutch and English. Shortlisted candidates will be asked
to present one of their papers at a seminar.
More information
Applicants who require further information should contact Prof. John Davis j.b.davis@uva.nl.  The
research profile of the History and Methodology group can be found at http://www.fee.uva.nl/hme/
The Faculty of Economics and Business is located in the centre of Amsterdam. For more information on its
School of Economics, please visit www.ase.uva.nl.
Appointment
The salary will be based on the salary scale for assistant professors at Dutch universities and will be
in accordance with the collective agreement regulating employment conditions at Dutch universities. The
starting date of the appointment is 1 September 2008. The appointment will be made for an initial period
of two years, with possible extension for a two year period.

Official Dutch scales for assistant professors range from € 2330 (minimum scale 10) to € 4868 (max scale
12) gross per month. Favourable tax agreements may apply to non-Dutch applicants. The University of
Amsterdam offers a very attractive pension scheme.

Job application
Applicants should send their CV, together with two letters of reference, a research paper and a covering
letter indicating how her/his research fits in with the research interests of the group: University of
Amsterdam, Personnel Department, Roetersstraat 11, 1018 WB Amsterdam, The Netherlands. Applications may
also be emailed to: applications-feb@uva.nl. Please include the job reference code.

The closing date for applications is 30 April 2008.
Refer to
Amsterdam Business School <http://www.abs.uva.nl/abshome/home.cfm>
History and Methodology Group <http://www.fee.uva.nl/hme/>  Faculty of Economics and Business
<http://www.feb.uva.nl/english/>

University of Queensland, Austria

Macroeconomics, Development, and Econometrics
Lecturer/Senior Lecturer in Economics
SCHOOL OF ECONOMICS
Excellent career advancement opportunity for academics with teaching and research interests in
macroeconomics, econometrics or development economics.

The School of Economics is a premier provider of undergraduate and postgraduate economics education in
Australia. The School has an established reputation for excellence in teaching and research and is
extremely well positioned to foster collaborative research and training activities on a national and
international level. The School actively engages with business, industry, professional bodies and the
wider community with the aim of sharing knowledge and expertise and developing mutually beneficial
partnerships.

The role: The successful appointee/s will be required to teach at all levels, preferably in
macroeconomics, econometrics or development economics, and be capable of supervising honours and
postgraduate students undertaking research in these fields. The appointee/s will also be expected to
engage in individual and/or group research in economics leading to publication of scholarly papers in
high quality journals and to seek competitive research funding. The role includes administrative
responsibilities such as course coordination duties and participation in relevant committees.

The person: Applicants should possess a PhD in Economics with recent and relevant teaching experience,
preferably in macroeconomics, econometrics or development economics. You should also have a solid
background in research as demonstrated by published papers in national and international academic
journals. Applicants must have a strong commitment to contributing to the continuous improvement of the
School’s academic programs and to developing a coherent and high quality research program.

Remuneration: The remuneration package will be in the range $68,239 to $81,034 (Lecturer) or $83,592 to
$96,387 (Senior Lecturer) p.a., plus employer superannuation contributions of 17%. This is a full-time,
continuing appointment at Academic level B or Academic level C.

Contact: Obtain the position description and selection criteria online . To discuss the role contact
Professor John Foster, telephone (+617) 33656780 or email m.cowan@economics.uq.edu.au

Send applications to: Human Resources, Faculty of Business, Economics and Law, The University of
Queensland, St Lucia, Qld 4072, or email applications@bel.uq.edu.au 

Applications close: 30 May 2008.

Reference No: 1304245

Applications are to be sent to the email address specified above or to the name and organisation unit
shown at the address: University of Queensland, Brisbane, Qld 4072. Please quote the Reference Number
and include
- a covering letter that includes the vacancy reference number, your contact address and telephone
number; and
- a curriculum vitae, that includes details of education and qualifications and the names and contact
details of three referees;
- where required by the application process outlined in the position description and selection criteria,
a statement addressing how each of the selection criteria has been met must also be included.
http://seek.com.au/users/apply/index.ascx?Sequence=19&PageNumber=1&JobID=12320297 

Whilst the UQ School of Economics isn’t primarily heterodox, it does have a number of heterodox
economists with interests in evolutionary, behavioural, Austrian and Post Keynesian theory and currently
has a heterodox head, John Foster, who would be very keen to see applications from good heterodox
candidates. Macro, development and econometrics are the main areas of need due to a big growth in
student numbers but we also haven’t yet replaced a departed history of economic thought/economic history
specialist.

Portland State University, Portland, OR

D0 Microeconomics
Q5 Environmental Economics

The Department of Economics at Portland State University is seeking to fill one two-year visiting
Assistant Professor positions in the area of microeconomics. Preference given to candidates with
secondary field in environmental or natural resource economics. Teaching load includes courses in
candidates’ areas of specialization at the undergraduate and graduate levels and economic principles.
Candidates engage with faculty members and conduct research, but are also expected to display
exceptional ability to teach a diverse student body at an urban university. Ph.D. preferred, but will
consider exceptional candidates who are A.B.D. Competitive salary commensurate with qualifications and
experience. Includes an excellent benefits package. Portland State University is an Affirmative
Action, Equal Opportunity institution and welcomes applications from diverse candidates and candidates
who support diversity. Review of applications will begin May 1 and continue until finalists have been
identified. Send curriculum vita with cover letter, writing sample, teaching evaluations or other
evidence of high-caliber teaching and 3 letters of professional recommendation. Apply to: Randall
Bluffstone, Chair, Dept. of Economics, Portland State University, P.O. Box 751, Portland, OR 97207-0751.

F1 Trade
J0 Labor
L0 Industrial Organization and Regulation
O1 Development
Q5 Environmental Economics
Q56 Environment and Development

The Department of Economics at Portland State University is seeking to fill three one year Visiting
Assistant Professor openings in the areas of environmental economics, development and applied
microeconomics (industrial organization, labor or trade). All positions carry the possibility of
renewal. Teaching load includes courses in candidates’ areas of specialization at the undergraduate and
graduate levels and economic principles. Candidates engage with faculty members and conduct research,
but are also expected to display exceptional ability to teach a diverse student body at an urban
university. Ph.D. preferred, but will consider exceptional candidates who are A.B.D. Competitive
salary commensurate with qualifications and experience. Includes and excellent benefits package.
Portland State University is an Affirmative Action, Equal Opportunity institution and welcomes
applications from diverse candidates and candidates who support diversity. Review of applications will
begin May 1 and continue until finalists have been identified. Send curriculum vita with cover letter,
writing sample, teaching evaluations or other evidence of high-caliber teaching and 3 letters of
professional recommendation. Apply to: Randall Bluffstone, Chair, Dept. of Economics, Portland State
University, P.O. Box 751, Portland, OR 97207-0751.

The University of Bath

DEPARTMENT OF ECONOMICS AND INTERNATIONAL DEVELOPMENT
Professor in International Development - Ref 08H110A
The University of Bath, ranked among the top ten UK Universities, is seeking to recruit a professor of international development. Applicants should have an outstanding record of research and teaching in the field of international development, and be committed to multidisciplinary approaches. In addition to strong international standing as a scholar, the successful candidate should have the vision, leadership qualities and management skills to provide strategic direction to the ID Group
within the Department of Economics and International Development.

The ID Group currently comprises ten staff with backgrounds in social anthropology, economics, politics and sociology. DEID is also home for the Economics Group, comprising 24 economists. Further information about the Department, including undergraduate and postgraduate teaching programmes and research can be obtained from the websites at
http://www.bath.ac.uk/econ-dev/index.htm  and
http://www.bath.ac.uk/cds

Informal enquiries about the post can be made to the Head of
Department of Economics and International Development, Dr James Copestake at J.Copestake@bath.ac.uk  or on +44(0) 1225 383859.

Application forms and further details may be obtained from the Human Resources Department, University of Bath, Claverton Down, Bath BA2 7AY, email jobs@bath.ac.uk  or contact +44 (0)1225 386873 quoting Ref No 08H110A. See www.bath.ac.uk/jobs
Alternatively, please phone the 24 hr answer-phone service on (01225) 386924, textphone (01225) 386039 quoting Ref No 08H110A

Closing date for receipt of applications: Monday 12 May 2008
Interview dates: Monday 9 June 2008



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Heterodox Conference Papers and Reports and Articles

The Collapse of Monetarism and the Irrelevance of the New Monetary Consensus

By James K. Galbraith

Click here to download the paper.

Financial Markets Meltdown: What Can We Learn from Minsky?

L. RANDALL WRAY
Public Policy Brief No. 94, 2008
www.levy.org/pubs/ppb_94.pdf 
According to Minsky, government should act as the employer of last resort and policy should promote small- to medium-size financial institutions, with a bias toward market segmentation. Senior Scholar L. Randall Wray explains today’s complex and fragile financial system, and how the seeds of crisis were sown by lax oversight, deregulation, and risky innovations such as securitization. He estimates that the combined losses throughout the entire financial sector could amount to several trillion dollars, and that the United States will feel the effects of the crisis for some time—perhaps a decade or more.
Wray recommends enhanced oversight of financial institutions, much larger stimulus packages, and creation of a new institution in line with President Franklin D. Roosevelt’s Home Owners’ Loan Corporation.

Financial Flows and International Balances—The Role of Catching Up by Late-industrializing Developing Countries

JAN KREGEL
Working Paper No. 528
www.levy.org/pubs/wp_528.pdf
Senior Scholar Jan Kregel reviews the basis of the historically high international trade and financial imbalances. He finds that traditional balance-of-payments adjustment theory does not apply to industrializing developing countries, and that we do not have a clear idea of the dimension of the problem. The important question is how to manage the imbalances and support the policies of developing countries so that they can integrate into the global trade and financial system.

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Heterodox Journals and Newsletters

International Review of Applied Economics

Volume 22 Issue 2 is now available online at informaworld ( http://www.informaworld.com ). 
Special Issue: Inflation Targeting, Employment Creation and Economic Development: Assessing the Impacts
and Policy Alternatives

This new issue contains the following articles:

- Inflation Targeting, Employment Creation and Economic Development: Assessing the Impacts and Policy
Alternatives
Authors: Gerald Epstein; Erinc Yeldan

- Economic growth under alternative monetary regimes: inflation targeting vs real exchange rate
targeting
Authors: Jose Antonio Cordero

- The class content of preferences towards anti-inflation and anti-unemployment policies
Authors: Arjun Jayadev

- Gender bias and central bank policy: employment and inflation reduction
Authors: Elissa Braunstein; James Heintz

- Inflation targeting in Brazil: 1999–2006
Authors: Nelson H. Barbosa-Filho

- Alternatives to inflation targeting in Mexico
Authors: Luis Miguel Galindo; Jaime Ros

- Five years of competitive and stable real exchange rate in Argentina, 2002–2007
Authors: Roberto Frenkel; Martín Rapetti

- Macroeconomics of twin-targeting in Turkey: analytics of a financial computable general equilibrium
model
Authors: Cagatay Telli; Ebru Voyvoda; Erinc Yeldan

- An employment targeting framework for central bank policy in South Africa
Authors: Gerald Epstein

- Inflation targeting in India: issues and prospects
Authors: Raghbendra Jha

- Central banking in the Philippines: from inflation targeting to financing development
Authors: Joseph Lim

Journal of Economic Methodology

Volume 15 Issue 1 is now available online at informaworld ( http://www.informaworld.com ).

This new issue contains the following articles:

- Sound and fury: McCloskey and significance testing in economics
Authors: Kevin D. Hoover; Mark V. Siegler

- Signifying nothing: reply to Hoover and Siegler
Authors: Deirdre N. McCloskey; Stephen T. Ziliak

- The rhetoric of ‘Signifying nothing’: a rejoinder to Ziliak and McCloskey
Authors: Kevin D. Hoover; Mark V. Siegler

- Idealization, abstraction, and the policy relevance of economic theories
Authors: Menno Rol

- The role of data/code archives in the future of economic research p. 99
Authors: Richard G. Anderson; William H. Greene; B. D. McCullough; H. D. Vinod 

Review of Political Economy

Volume 20 Issue 2 is now available online at informaworld ( http://www.informaworld.com ).

Special Issue: ETHICS AND VALUES

This new issue contains the following articles:

- Introduction to the Special Issue on Ethics and Economics
Authors: Irene Van Staveren

- The ‘Dismal Science’ – Still? Economics and Human Flourishing
Authors: Mark A. Lutz

- Not by P Alone: A Virtuous Economy
Authors: Deirdre N. Mccloskey

- Freedom, Values and Sen: Towards a Morally Enriched Classical Economic Theory
Authors: Vivian Walsh

- From ‘Hume's Law’ to Problem- and Policy-Analysis for Human Development. Sen after Dewey, Myrdal,
Streeten, Stretton and Haq
Authors: Des Gasper

- The Efficiency of Equity
Authors: Stephan Klasen

- Two Views of Corruption and Democracy
Authors: Mozaffar Qizilbash

The European Journal of the History of Economic Thought

Volume 15 Issue 1 is now available online at informaworld ( http://www.informaworld.com ).

This new issue contains the following articles:

- Interest, sensationism and the science of the legislator: French ‘philosophie économique’, 1695–1830
Authors: Gilbert Faccarello; Philippe Steiner

- Rawls with Hegel: The concept of ‘Liberalism of freedom’
Authors: Ragip Ege; Herrade Igersheim

- Thomas Tooke on the Bullionist controversies
Authors: Matthew Smith

- Contesting the autonomy of political economy: The early positivist criticism of economic knowledge
Authors: Michel S. Zouboulakis

- On the microeconomic foundations of macroeconomics in the Hayek–Keynes controversy
Authors: Abdallah Zouache

- A. W. Bob Coats, 1924–2007
Authors: John Maloney

- A theory of socialism inoculated against Hayek?
Authors: Warren J. Samuels 

Metroeconomica

Volume 59, Issue 2, May 2008 is available at http://www.blackwell-synergy.com/toc/meca/59/2?cookieSet=1

The Essays in Political Economy (EPE)

The Essays in Political Economy (EPE) welcomes submissions from academics, practitioners and students of
all levels seeking to broaden and strengthen the foundational structure of the study of economic
systems. The EPE sees itself primarily as a journal of opinion-based, interdisciplinary political
economy.
Submissions can be in the form of but not limited to, scholarly articles, book reviews, guest
editorials, and announcements. In preparing your submissions, we ask that you keep the following
procedures and editorial practices in mind, and please do not hesitate to contact the EPE Editorial
Board (journal@iipec.com) for clarifications or with any questions as they may arise.
General Submission Procedures:
- All submissions should be made via e-mail to the address journal@iipec.com,  as Word attachments. The
author should expect a prompt acknowledgment of receipt.
- All scholarly articles should be between 15 and 35 pages with bibliography and notes included. A case
may be made to the EPE editorial board if an exception to these limits is absolutely necessary.
- All scholarly article should have a first page in which she will give a very brief identification of
the author (author's name and institutional affiliation), the title of the paper, a short (less than 500
words) abstract, the JEL classification and Keywords.
- Text should be typed on 1.5-space, font should be Arial, size 12, footnotes should be placed at the
end of each page, and bibliography should be at the end of the paper.
- Since the EPE accepts only original submissions, it is expected that the author will assign copyrights
to the EPE on their work as it is published. Should a need arise for republishing a submission, the EPE
editorial board will consider the request as it is presented.
Tables & Figures:
- All Tables and Figures should be sent separately from the original document in Word or Excell format.
- Each table should be identified by both a number and a descriptive title. Each must have its sources
indicated, and the author should clearly indicate where each table should be placed in the text.
- Figures (illustrations) are numbered separately from tables, and they also must be identified by
descriptive captions (including a date). The source for each figure should be given, and the author
should clearly indicate where each figure should be placed in the text.

IDEAs

What's New on IDEAs (March 1, 2008 to March 31, 2008)
www.networkideas.org  or www.ideaswebsite.org

Click here for detailed information.

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Heterodox Books and Book Series

Routledge Frontiers of Political Economy Series

Culture and Economic Explanation
Donald W. Katzner, University of Massachusetts, USA
Culture plays an important role in shaping the nature and content of economics. This fascinating book compares the two cultures of Japan and the United States and provides insights into the economic workings and differences between the two nations.
February 2008: 234x156: 208pp
Hb: 978-0-415-77479-6: £65.00
For further information about this title please click here

Economic Policy and Performance in Industrial Democracies
Takayuki Sakamoto, Southern Methodist University, USA
This book is the first systematic study of how the interdependence of fiscal and monetary policies and the interaction of party governments and central banks affect the fiscal-policy mix in eighteen industrial democracies in America, Europe and Asia.
February 2008: 234x156: 368pp
Hb: 978-0-415-77414-7: £90.00
For further information about this title please click here

Economics of American Judaism
Carmel Chiswick, University of Illinois, USA
Covering areas such as Jewish Studies, Economics of Religion, Sociology of Religion and Immigrant Religion, this book is required reading for all those interested in how economic environment influences the practice of Judaism in the United States.
February 2008: 234x156: 208pp
Hb: 978-0-415-70157-0: £65.00
For further information about this title please click here

Feminism, Economics and Utopia
Karin Schonpflug
Answering a range of questions and written by a rising star in feminist economics, this book provides explanations of the different kinds of feminism, the evolution of feminist thought and, the history and sources of utopias as a theoretical and/or literary tool.
March 2008: 234x156: 264pp
Hb: 978-0-415-41784-6: £70.00
For further information about this title please click here


Advances on Income Inequality and Concentration Measures
Edited by Gianni Betti and Achille Lemmi both at University of Siena, Italy
This impressive collection from leading distributional analysts provides an overview of a wide range of economic, statistical and sociological relationships. The resulting book deserves its place on the bookshelf of serious mathematical economists everywhere.
April 2008: 234x156: 288pp
Hb: 978-0-415-44337-1: £75.00
For further information about this title please click here

Economic Representations
Edited by David F Ruccio, University of Notre Dame, USA
The editors of this book bring together scholars from numerous disciplines, along with non-academics to address the question of economic representation from a variety of perspectives, ranging from the question of globalization to cultural economies.
May 2008: 234x156: 352pp
Hb: 978-0-415-77453-6: £85.00
For further information about this title please click here

The Keynesian Multiplier
Edited by Claude Gnos, Université de Bourgogne, France and Louis-Philippe Rochon, Laurentian University, Canada
This book explores both the pros and cons of the multiplier from a strictly post-Keynesian - and Kaleckian - approach. It offers a lively discussion from a number of well-known post-Keynesians from a variety of perspectives.
June 2008: 234x156: 224pp
Hb: 978-0-415-32013-9:£65.00
For further information about this title please click here

Hahn and Economic Methodology
Edited by Thomas Boylan and Paschal O'Gorman both at National University of Ireland
Frank Hahn's powerful critiques of current economic methodology and innovative reconstructions of economic theorizing have long challenged the views of practising economists. This is the first book-length study of Hahn's methodological writings, and is essential reading for any scholar with an interest in the philosophy of economics.
July 2008: 234x156: 256pp
Hb: 978-0-415-21348-6: £55.00
For further information about this title please click here

Karl Marx's Grundrisse
Edited by Marcello Musto
This collection examines the reflections developed exclusively in the Grundrisse to present an author in many ways radically different from the one presented by the dominant currents of twentieth century 'Marxism'.
July 2008: 234x156: 272pp
Hb: 978-0-415-43749-3: £65.00
For further information about this title please click here

The Political Economy of Families, Work and Globalization
Edited by Drucilla
Barker, Hollins University, USA and Susan Feiner, University of Southern Maine, USA
An interdisciplinary reader of scholarship relevant to feminist political economy, the selections in this book cover themes such as: feminism and the history of economic thought, and the feminization of poverty and welfare state policies.
July 2008: 234x156: 288pp
Hb: 978-0-415-77287-7: £70.00
For further information about this title please click here

Behaviour and Rationality in Corporate Governance

Oliver Marnet, University of Wales, UK

March 2008: 234x156: 311pp
Hb: 978-0-415-43752-3: £70.00
Corporate scandals due to bad accounting happen far too frequently for a system of corporate governance to be deemed effective. This book tells why the safeguards designed to prevent bad accounting so often fail. By studying why the auditors and members of a board of directors regularly fail to deliver the truth about a company's financial state of affairs, this provocative book explores a serious problem in the system of reporting financial information.

This book is unique in that it draws together various strands of the literature on corporate governance, accounting, law, cognitive research, psychology, behavioural economics and conventional economics to shed light on questions regarding the feasibility of independence and impartiality of boards of directors and external auditors as monitors and gatekeepers in corporate governance. The book is essential reading for professional accountants and auditors, directors, regulators, law makers, corporate lawyers, and investment bankers. It will appeal to all those interested in behavioural economics and corporate governance.
Contents: 1. Introduction 2. Overview of Corporate Governance 2.1. Definitions of Corporate Governance 2.2 The Need for Corporate Governance 2.3 Implementing Corporate Governance 2.4 Means of Managerial Control 2.5 Specific Corporate Governance Mechanisms 2.6 Summary 3. Earnings Management 3.1 Introduction 3.2 Definitions of Earnings Management 3.3 Incentives for Engaging in Earnings Management 3.4 Other Reasons for Divergences from Truthful Reporting 3.5 Accruals Accounting in Financial Reporting and Research 3.6 Detecting and Measuring Earnings Management 3.7 The Incidence and Cost of Earnings Management 3.8 Does Earnings Management Fool Investors? 3.9 Summary 4. Rationality or Rational Behaviour? 4.1 The Rational Actor 4.2 Alternative Interpretations of Rational Behaviour 4.3 Specific Challenges to the Rational Model 4.4 Heuristics and Biases 4.5 Biases in Judgement 4.6 Is Maximizing Utility the Correct Model? 4.7 A Critique of the Behavioural View 4.8 Rationality and Mental Health 4.9 Summary 5. Behaviour and Rationality in Corporate Governance 5.1 Introduction 5.2 Behaviour in Corporate Governance 5.3 The Intrusion of Behaviour 5.4 Monitors and Rationality 5.5 Summary 6. Independence of Auditors and Directors 6.1 Introduction 6.2 Partial Solutions to the Problem I: The Board of Directors 6.3 Partial Solutions to the Problem II: Auditors 6.4 Summary 7. Recent Corporate Governance Failures 7.1 Introduction 7.2 The Asian Financial Crisis of 1997/1998 7.3 Enron 7.4 Germany's Neuer Markt 7.5 Parmalat 7.6 Summary 8. Implications for Governance Policy 8.1 Introduction 8.2 Bankers and Lawyers in Corporate Governance 8.3 Causes of Gatekeeper Failure 8.4 Specific Policy Recommendations 8.5 Concluding Thoughts and Caveats 9. Conclusion
To find out more about this book, simply click here.

Palgrave Dictionary of Economics

Historical Materialism Book Series

http://www.brill.nl/default.aspx?partid=73&pid=10613 

Lenin Rediscovered: What Is To Be Done? in Context
Lars T. Lih

In this impressive work, Lih presents an innovative challenge to the prevailing perspectives on one of Russian revolutionary V. I. Lenin's most important essays. While conventional wisdom has been contented to caricature What is to Be Done? as the definitive example of Lenin's authoritarian and elitist method, Lih traces this document's roots in the social and political debates of Russia's emerging socialist movement, and reinvigorates the debate unfolding today by introducing a comprehensive new translation of Lenin's original text.
9781931859585 | $50.00 | Paper | 880 pages | May 2008

The Revolution and the Civil War in Spain
Pierre Broué and Emile Témime

In the 1930s, Spanish workers and peasants captured the world's attention, bursting out in rebellion against poverty, oppression, and a monarchy frequently dependent on military repression for its survival. But the Spanish revolution quickly encountered critical challenges-from its leadership's confusion over their final goal to the rising of a fascist army led by Francisco Franco. In their unparalleled study, Broué and Témime detail the internal dynamics and the external obstacles that led one of the world's most promising movements for human liberation to fascist defeat.
9781931859516 | $50.00 | Paper | 700 pages | May 2008

The German Revolution: 1917-1923
Pierre Broué

In the wake of a victorious worker's revolt in Russia, a revolutionary tide shook Europe, and in Germany, the worker's struggle appeared likely to succeed. In this magisterial work, first published in 1971 and still unsurpassed, Pierre Broué meticulously reconstitutes the six years during which-between "ultra-leftism" and "opportunism," "sectarianism" and "revisionism," "activism" and "passivity"-the German revolutionaries attempted to begin a new chapter in the history of the working class. Their defeat merits close attention, both for its role in the tragic direction in which German history proceeded, and for its lessons for Marxists and progressives today.
9781931859325 | $50.00 | Paper | 980 pages

The Theory of Revolution in the Young Marx
Michael Löwy

In the 1840s, the young German journalist Karl Marx developed ideas about modern society that remain as relevant today as when they were first developed. Here, Löwy shows the lasting force of Marx's early writings on alienation and emancipation, and traces their genealogy among the intellectual currents of the day. By contextualizing Marx's unique reconciliation of materialism with dialectics among the intellectual debates and nascent workers struggles of the era, Löwy brings to life the founding ideas of one of the world's foremost social theorists.
9781931859196 | $15.00 | Paper | 216 pages

Between Equal Rights: A Marxist Theory of International Law
China Miéville

Drawing on Marxist theory and a critical history of international law from the sixteenth century to the present day, Miéville examines international legal norms and shows that they have always been complicit with the violence of empires.

"Miéville's brilliantly original book is an indispensable guide for anyone concerned with international law. It is the most comprehensive scholarly account available of the central theoretical debates about the foundations of international law. It offers a guide for the lay reader into the central texts in the field and it mounts a formidable challenge to experts to address fundamental theoretical issues about the subject, which are too often simply ignored."
-Peter Gowan, Professor of International Relations, London Metropolitan University
9781931859332 | $18.00 | Paper | 380 pages



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Heterodox Websites and Blogs

Japanese Post Keynesian Group

http://www.si.gunma-u.ac.jp/~yagi/pke.htm
Professor Takashi Yagi chairs the Group and he can be contacted at yagi@si.gunma-u.ac.jp

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For Your Information

John Kenneth Galbraith Prize in Economics

It is my great pleasure to announce the winners of the first John Kenneth Galbraith Prize in Economics: Mel Watkins and Kari Polanyi Levitt will share the Prize. The award was largely on the basis of their pioneering work around foreign (US) investment and ownership and multinational corporations back in the 1960s and 1970s.

Both Kari and Mel will be in Vancouver for the CEA meetings and will co-deliver the JKG Lecture. We are still awaiting final confirmation of time slots but we anticipate that the event will be held on Sunday, June 8, in the final slot of the CEA conference (10:30 am). Please join us for this and our five other PEF panels this year.

The JKG Prize will be awarded every two years and is based on a demonstrated contribution combining economic analysis with a commitment to social justice, and whose work exemplifies the goals and objectives of the PEF.

The Prize was inaugurated last year at the CEA meetings in Halifax by Jamie Galbraith. His lecture is available here:
http://www.progressive-economics.ca/2007/06/04/the-inaugural-john-kenneth-galbraith-lecture/

More information on the JKG Prize is available on the PEF website:
http://www.progressive-economics.ca/cea-meetings-and-jkg-prize/

In addition to Mel and Kari, the other nominees were Gideon Rosenbluth, John Loxley, Lars Osberg, Mark Setterfield and Marc Lavoie. Thanks to all who submitted nominations.

The award was determined by a selection committee of Mario Seccareccia, Brenda Spotton Visano, Fletcher Barager, Andrew Jackson and Marc Lee.

Radical Statistics 4th Biennial Critical Essay Competition

Submit an original essay (3,000 words maximum) by 1st July 2008 that addresses a current social research/policy question with critical use and interpretation of relevant data sources.

Judges are:
Professor Danny Dorling, University of Sheffield, Dr Eileen Magnello, University College London, Dr Ben Goldacre, journalist and medical doctor.

First prize £300
Second prize £200

More information overleaf and on the website www.radstats.org.uk Fourth Radical Statistics Critical Essay Competition 2008

* There are two categories:
Student: undergraduate or postgraduate
Open: any non-student both may be awarded 1st & 2nd prizes

* Your submission must be unpublished & unaided original work: Either specifically produced for the competition, or originating from your course of study.

* It could address a current social research policy/question with
critical use and interpretation of relevant data sources, or be a critique of statistical methodology in an applied context.

* In some circumstances the submission may be the work of more than
one person, in which case any prize awarded would be shared.

* Prizes will be awarded on the basis of readability, clear presentation of statistical material, critical perspective and convincing argument.

Note: where a submission originates from course work, written consent of the tutor responsible will be required.
The deadline for submission is 1st July and decisions will be made by 1st September 2008.
Winning essays will be featured on the website and published in a special issue of Radical Statistics.

Enter, by sending your essay, subject line:
RadStats Critical Essay, including full name, email and postal address, and institution at which you are studying or engaged in statistics, social research, or the social sciences to essay@radstats.org.uk.

The "embedded" capitalism of Joseph Schumpeter and John Kenneth Galbraith

Deirdre McCloskey | October 2007 Print Edition
Prophet of Innovation: Joseph Schumpeter and Creative Destruction, by Thomas K. McCraw, Cambridge: Harvard University Press, 719 pages, $35

The New Industrial State, by John K. Galbraith, Princeton: Princeton University Press, 518 pages, $24.95

Most of us get our politics in our early 20s and then never change. Saul Bellow said of his youthful Trotskyism, “Like everyone else who invests in doctrines at a young age, I couldn’t give them up.” A young adult hates the bourgeoisie or loves capitalism or believes passionately in the welfare state. Her politics becomes a cherished identity, a faith. Here I stand. I can no other.
The vintage matters. Someone who invested in doctrines when world capitalism seemed to be working just fine—on the eve of World War I, say—had a good chance of keeping for life an optimistic opinion of markets and entrepreneurs. So it was with one of the best-known economists of the last century, Joseph Alois Schumpeter (1883–1950) of Vienna, Bonn, and Harvard.
But someone who invested in his human capital when things were dismal and chaotic—early in the Great Depression, say—was likely to take a less cheerful view (cont.)

A Conversation with Milton Friedman

As Interviewed by Richard W. Fisher

Dallas Fed president and CEO Richard W. Fisher sat down with economist Milton Friedman on October 19, 2005, as part of ongoing discussions with the Nobel Prize winner. In a wide-ranging interview, Friedman and Fisher discuss a myriad of topics, including globalization, China, the Federal Reserve, free trade, government spending and education reform. http://www.dallasfed.org/news/friedman.cfm

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