htn header 2

Issue 72: November 14 , 2008


From the Editor

Last week I attended the annual conference of the European Association for Evolutionary Political Economy. It was a well-run conference which provided wine and Italian pastries during the breaks-I think it should be mandatory at all heterodox conferences that Italian pastries (or very close substitutes) be served during breaks. I went to a number of sessions and found interesting papers in all of them. In one session there was a paper on American Institutionalism by George Liagouras (download here) which I found to be very interesting and very good. In another session, Roy Rotheim gave a very interesting and amusing paper on Keynes that was drawn from a book on Keynes on which he is working. Next year the conference will be in Amsterdam. So I asked if some of the conference activities could be held at the local Trade Unions Museum or at the Resistance Museum. However, since the conference organizers are sensible people, some conference activities will be held at the Amsterdam Zoo which has excellent and elegant conference facilities. Come to the conference and engaged with exotic economists and dangerous ideas that will make the wildlife at the Zoo look ordinary and tame.

ICAPE will be having its annual membership meeting in the "Golden Gate 5" room in the Hilton Hotel from 2:30-4:00 p.m. on Friday, January 2, 2009. While only members can vote, anybody interest in pluralism in economics and want to know more about ICAPE is welcome to attend. ICAPE is also co-sponsoring the Association of Social Economics Plenary session at the ASSA. Finally, ICAPE will have a booth at the meetings. If you want to have material displayed at the booth, please contact me. The booth also needs to be staffed. If you are interested in helping out in this regard please contact me-see attachments 1, 2 for staffing times and what is expected of the persons staffing the booth. Stop by the booth and talk for awhile and check out the interesting material.

Fred Lee

In this issue:
  Call for Papers
  - The Association for Institutional Thought
- The 2009 Economic History Association Meetings
- The U.S. Solidarity Economy Network
- History of Economics Society
- PSA State Theory Specialist Group & Marxism Specialist Group
- Economic & Business Historical Society
- Interdisciplinary 19th-Century Studies,"The Pursuit of Happiness"
- Retailing History: Texts and Images
- EMAEE 2009: Evolution, Behavior and Organizations
- Retail Payments: Integration and Innovation
- Beeronomics
- Conference on Historical Analysis & Research in Marketing (CHARM)
- New Marxian Times
- Feminist Economics
  Conferences, Seminars and Lectures
- Séminaire Marx au XXIe siècle
- The Meaning of Life
- AIRLEAP Events
- The Legacy of Karl Marx
- MEGA and Marx
- The CES Critical Economics Summer School
- Mike Beggs "'Marx, Keynes and the changing central bank"
Job Postings for Heterodox Economists
  - University of Denver
- Worcester Polytechnic Institute
- SUNY/Purchase
- De Anza College
- Bedford Hills College
- The Center for Economic and Policy Research
- The Eastern Economic Association
- The Open University
  Heterodox Conference Papers and Reports and Articles
  - Marxist Interpretation of the Crisis
- 21st Century Trade Agreements: Implications for Long-Run Development Policy
- On Democratizing Financial Turmoil
Heterodox Journals and Newsletters
  - Revue Française de Socio-Economie
- Journal of Post Keynesian Economics
- Economic Sociology - the european electronic newsletter
- The Associative Economics Bulletin
- CASE e-Newsletter
- Feminist Economics
- Levy News
- Le care : entre transactions familiales et économie des services
  Heterodox Books and Book Series
  - Mining Town Crisis: Globalization, Labour and Resistance in Sudbury
- From Political Economy to Economics
- A Short History of Economic Thought
- Ontology and Economics: Tony Lawson and his Critics
- The Science of Wealth
- The Political Economy of Work
- Institutional Economics
- Ontology and Economics: Tony Lawson and his Critics
- Knowledge, Scale and Transactions in the Theory of the Firm
- Corporate Governance, Organization and the Firm: Co-operation and Outsourcing in the Global Economy
- Leading Contemporary Economists: Economics at the Cutting Edge
  Heterodox Graduate Program and PhD Scholarships
  - St Edmund's College
- The University of Sydney
  Heterodox Websites and Associations
  - Economy Watch
- Economics of Crisis
- Marx in Chile
- The Economics Web Institute
The HEN-IRE-FPH Project
  - The HEN-IRE-FPH Project for Developing Heterodox Economics and Rethinking the Economy Through Debate and Dialogue
Queries from Heterodox Economists
  - Felix Vardy
  For Your Information
  - Fatal Flaws in the Theory of Comparative Advantage
- Political Economy Research Institute
- St Edmund's College

Call for Papers

The Association for Institutional Thought

Third Annual Student Scholars Award Competition

The Association for Institutional Thought (AFIT) proudly announces the Third Annual AFIT Student Scholars Award Competition. The aim of AFIT is to encourage undergraduate and graduate students in Economics and Political Economy to pursue research in topics within the Institutional Economics framework.

Up to three winning papers will be selected. Winners are expected to present their research during a special session at the Annual Meetings of AFIT, held during the Western Social Science Association’s 51st Annual Conference at the Hyatt Regency Hotel in Denver Colorado,
April 23-26, 2008.

Winners will each receive:

1- $300 cash prize
2- One year student membership in AFIT
3- Paid WSSA Conference Registration
4- Paid admission to the AFIT Presidential Address Dinner

Winning papers must be presented at a special AFIT session in order to collect the cash prize. Cash prizes will be presented during the AFIT Presidential Address Dinner.

Application Procedures and Deadlines

Papers must be between 25-40 pages in length, including references and appendices. They should be submitted electronically (preferably in Word format) by 12/1/08 to:
Carolyn Aldana, Ph.D.
Economics Department
CSU, San Bernardino
5500 University Avenue
San Bernardino, CA 92407

Phone: (909) 537-7315
Fax: (909) 537-7645

Winners will be notified by 12/15/08
For more info about AFIT, visit our website

The 2009 Economic History Association Meetings

Hosted by University of Arizona
Loews Ventana Canyon Resort Tucson
Tucson, Arizona,
*September 11-13, 2009*
Richard Steckel, President Elect
*"Human Welfare: Measurement, Analysis and Interpretation"*

The Program Committee---Michael Haines, Colgate University (Chair); Jeremy Atack, Vanderbilt University; Brooks Kaiser, Gettysburg College; and Trevon Logan, Ohio State University---welcomes proposals for individual papers, as well as for entire sessions. Papers should in all cases be works in progress rather than accepted or published work. Submitters have a responsibility to let the program committee know if the proposed paper has been submitted for publication. Submissions for entire sessions should include no more than 3 papers and each proposal should be submitted separately. The committee reserves the right to determine which papers will be included in those sessions that are accepted.

As is the rule, papers on all subjects in economic history are welcome, but a number of sessions will be devoted to the theme "Human Welfare: Measurement, Analysis and Interpretation."

The ultimate goal of economic historians is to illuminate the evolution of human welfare. This year's theme promotes efforts to unify and to find common denominators in diverse approaches to understanding this central aspect of our past. Measurement is a central concern, even in modern studies of this complex subject. Among the issues to consider are the variety of approaches and how they compare. What was the contribution of improvements in health? Of emancipation or freedom? Of the right to vote? Of moderating the business cycle, or reducing bank failures? Can we estimate the social cost of inequality or crime, and of war, epidemics and other calamities? Of consumer surplus from trade? By how much did technological change improve welfare by making home and market production, as well as travel, easier and safer? What was the cost of isolation, or alternatively the benefit of cheap communication?
What are the counterfactuals most suitable for addressing these types of questions? Of course, these ideas are merely suggestions, and we have at our disposal a growing array of economic theories and empirical methods to estimate how "progress" translates into human welfare.

Papers and session proposals should be submitted online at:

Paper proposals should include a 3-5 page précis and a 150-word abstract suitable for publication in the /Journal of Economic History/. The due date is January 31, 2009.

Graduate students are encouraged to attend and the Association offers subsidies for travel, hotel, registration, and meals, including a special graduate student dinner. A poster session welcomes work from dissertations in progress (application due date April 30, 2009. The dissertation session convened by John Murray (University of Toledo) and Steven Broadberry (University of Warwick, UK) will honor six dissertations completed during the 2008-2009 academic year. The submission deadline is May 31, 2009. The Alexander Gerschenkron and Allan Nevins prizes will be awarded to the best dissertation on non-North American and North American topics.
For further information, check , which also includes information on travel options to Tucson, the EHA meetings page (  ), or contact Meetings
Coordinator Jari Eloranta at

The U.S. Solidarity Economy Network

The U.S. Solidarity Economy Network invites you to the first national Forum on the Solidarity Economy: Building Another World
~March 19-22, 2009 w Univ. of Massachusetts, Amherst Co-convened with Universidad de los Andes (Venezuela) & RIPESS-NA (Intercontinental Network for the Promotion of the Social Solidarity Economy – N. America) The first U.S. Forum on the Solidarity Economy aims to bring together a diverse array of people and organizations to share ideas and practices, to forge new connections, and to build a more powerful and cohesive movement for a just, democratic and sustainable economy. This four day conference will include an inspiring range of solidarity economy tours, workshops, plenaries and cultural events. We invite solidarity economy practitioners and resource organizations, social movement activists, workers, academics, students, researchers, cultural workers, journalists and other fellow travelers, to come and be part of the growing global movement to build ‘another economy’ and ‘another world’. What is the solidarity economy?
Click here for detailed information.

History of Economics Society

The 2009 meetings of the History of Economics Society will held at the University of Colorado Denver. The conference will begin with an opening reception on Friday, June 26 and will end mid-day on Monday, June 29. The meetings will be held at the University of Colorado Denver’s Kenneth King Academic and Performing Arts Center on the University’s Downtown Denver Campus. The campus’s location in lower downtown Denver affords easy walking access to hundreds of restaurants and a variety of hotels in all price ranges. The campus’s extremely limited dormitory facilities mean that there will likely not be a dorm housing option available.
Conference rates will be arranged with several hotels within easy walking distance of the campus. Direct flights from London (BA and United) and Frankfurt (Lufthansa) make this a very accessible location for those traveling from Europe.

A call for papers will go out in the coming months. However, I encourage people to begin thinking about¬and even proposing¬entire sessions now. If you wish to propose a session or have any questions about the conference, you can email me directly at

PSA State Theory Specialist Group & Marxism Specialist Group

One Day Conference

The State in Capitalist Society - 40 Years On

Friday 22 May, 2009

School of Social Sciences
Leeds Metropolitan University

Ralph Miliband’s The State in Capitalist Society was first published in 1969 and widely acclaimed as a major contribution to the revival of both state theory and Marxist political thought. The book still stands as a key work in the development of social and political theory in the second half of the twentieth century.

This one-day conference aims to revisit the arguments that Miliband laid out in the book and evaluate their continuing relevance in the apparently very different conditions of the twenty-first century. After all, people still do ‘live in the shadow of the state’ and states still operate in capitalist societies.

Proposals for papers that address any of the themes and arguments in The State in Capitalist Society, and its lacunae, from any perspective are welcome. For example:

- ‘The State’ and ‘Capitalist Society’, then and now
- Miliband’s contribution to the Marxist tradition
- The Milibandian perspective, pluralism and the business dominance model
- Connections between business elites and state elites
- The conversion of economic power into political influence
- How does the process of legitimation work today?
- Whatever happened to pressure from below?
- The state in global capitalist society
- What does Miliband still have to offer the state debate?

Please send a title and abstract (approx. 200 words) by January 9, to
Paul Wetherly –

Papers will be required by May 1

Venue: Leeds Metropolitan University, School of Social Sciences, Old School Board, Calverley St, Leeds LS1 3HE

The Old School Board is in Leeds city centre, approximately 15 minutes walk from the railway station.

Conference organisers: Paul Wetherly, Peter Burnham ( , Mark Cowling (

Economic & Business Historical Society

33rd Annual Conference
The 33rd Economic & Business Historical Society Conference takes place in Grand Rapids, Michigan from April 23 through 25, 2009. Presentations on all aspects of business and economic history are welcome.

Interdisciplinary 19th-Century Studies,"The Pursuit of Happiness"

The Interdisciplinary 19th-Century Studies 2009 conference on "The Pursuit of Happiness" is sponsored by Bard College and Skidmore College, Saratoga Springs, New York on April 24-26.

Retailing History: Texts and Images

The Centre for the History of Retailing and Distribution invites participants to Retailing History: Texts and Images, a workshop on April 29, 2009 at the University of Wolverhampton, UK on the nature of the texts and images associated with retailing and retailers.

EMAEE 2009: Evolution, Behavior and Organizations

Plenary speakers at the 6th European Meeting on Applied Evolutionary Economics (EMAEE) in Jena, Germany from May 21 to 23, 2009 will explore commonalities with neighboring fields and disciplines - in particular behavioral economics, organization and management science, and historiography.

Retail Payments: Integration and Innovation

The European Central Bank and De Nederlandsche Bank host a conference entitled "Retail payments: integration and innovation" on May 25-26, 2009 at the European Central Bank, Frankfurt am Main, Germany.


The Economics of Beer and Brewing
LICOS Centre for Institutions and Economic Performance is organizing the first Beeronomics Conference from May 27 to 29, 2009 in Leuven, Belgium. The array of topics includes economic history of beer, brewing, and related activities.

Conference on Historical Analysis & Research in Marketing (CHARM)

The School of Management at the University of Leicester (UK) hosts the 14th biennial CHARM conference May 28-31, 2009. Deadline for submissions is December 1, 2008. Papers on all aspects of marketing history and the history of marketing thought are welcome. For paper submission guidelines and additional information, please visit the CHARM website

New Marxian Times

RETHINKING MARXISM: a journal of economics, culture & society is pleased to announce its 7th international conference, to be held at the University of Massachusetts in Amherst on 5-8 November 2009.

Click here for detailed information.

Feminist Economics



Guest Editors
Lourdes Benería, Carmen Diana Deere, and Naila Kabeer

From the last decades of the 20th century to the present, globalization and the spread of neoliberal policies across countries have resulted in an unprecedented rise in the asymmetrical mobility between capital and labor. International migration has become a topic of intense political debate due to, among other factors, the tension between the increase in the numbers of international migrants and the obstacles faced by them to enter and settle where they choose to work and live. These tensions have raised important issues - economic, social, cultural, and political - that require a gender perspective.

This special issue of Feminist Economics intends to motivate both research and action, generating a discussion on the ways in which gender is an important dimension from which general and specific migration issues can be analyzed. We expect theoretical contributions as well as empirical analyses. The following themes are ofparticular interest:

- Rethinking theory on labor and capital mobility
- Periodization of migration and its feminization processess
- The care economy, women, and migration
- The globalization of reproduction and transnational mothering
- What happens to the children left behind?
- Remittances and development: the role of women
- Migration and "the nomad worker"
- Poverty and migration
- The challenges of social protection for migrant workers
- Internal versus international migration
- Engendering national/regional immigration policy and political debates

Deadline for abstracts: 15 September 2009. Papers will be due in May 2010. Please direct queries and abstracts (500 words maximum) to Guest Editors Lourdes Benería ( and Naila Kabeer ( ). Final papers (after approval of abstracts) should be submitted to Feminist Economics through the submissions website ( ). Questions about these procedures may be sent to , +1.713.348.4083 (phone), or +1.713.348.5495 (fax).
Please note that the annual conference of the International Association for Feminist Economics, being held in Boston, June 26-28, 2009, will have gender and migration as one of its themes. To submit a paper for the conference, go to


Conferences, Seminars and Lectures

Séminaire Marx au XXIe siècle

sous la responsabilité d’Isabelle Garo (Paris, Lycée Chaptal – Classes préparatoires),
Stathis Kouvélakis (Londres, King’s College) et Jean Salem (Paris 1)
Calendrier 2008/2009
Click here for detailed information.

The Meaning of Life

The University of Athens Doctoral Program in Economics - UADPhilEcon in collaboration with
INE-GSEE (The Labour Institute of the Hellenic Trades Unions Confederation) The British Council, and The Sakis Karagiorgas Foundation Honours the Life and Work of Kosmas Psychopaidis by announcing the FIFTH PUBLIC LECTURE ON ECONOMICS AND PHILOSOPHY IN MEMORY OF KOSMAS PSYCHOPAIDIS
TIME/PLACE: Dracopoulos Amphitheatre, Main University Building, Panepistimiou Street, on Monday 1st December 2008, at 19.30
Click here for detailed information. 


Association for Integrity and Responsible Leadership in Economics and Associated Professions

Three upcoming, special AIRLEAP events:

Saturday, November 22, 2008, in Washington, DC (during the annual meeting of the Southern Economic Association): Happy Hour (7:00-8:00 PM), followed by a Dinner Party, at the HARD ROCK CAFÉ, 999 E Street, N.W. (Each person pays for his/her own meal and drinks.)

Thursday, December 4, 2008, in Washington, DC: Joint Luncheon of the Society of Government Economists and the National Economists Club, for a presentation by Professor Deirdre McCloskey on "Statistical Significance is Essentially Meaningless (at the 5% Level)." Chinatown Garden Restaurant, 618 H St., NW. 999 E Street, N.W. ($16 for members of SGE or NEC, $21 for nonmembers).

Sunday, January 4, 2009, in San Francisco (during the annual AEA meetings): Session on Examining the Practice of Ethical Economics, with three paper presentations by Professors George DeMartino, Thomas Mayer, and Deirdre McCloskey, 6:00-8:00 PM, Palace Hotel, French Parlor Room, 2 New Montgomery St. (attendance is free).

The Legacy of Karl Marx

Kanagawa University is holding the special lecture by Janos Kornai, a Permanent Fellow of Collegium Budapest and an Emeritus Professor of Harvard University, and the international symposium on "The Legacy of Karl Marx" on December 6, 2008. The special lecture and the symposium are being organized by the Institute of Economics and Foreign Trade under the sponsorship of Kanagawa University.

Date and time: Saturday, December 6, 2008, 13:00-17:30
Place: Selest Hall, Building No 16, Kanagawa University, Yokohama, Japan
Access map is available at:

Special Lecture by Janos Kornai: 13:00-14:10
"Marx through the Eyes of an Eastern European Intellectual"
Symposium: 14:30-17:30
BIDET, Jacques (Paris 10 University): "Actuality of Marx?"
KIM, Soo Haeng (Sung Kong Hoe University, Korea): "Marx's Emphasis on Industrial Capital rather than Financial Capital"
KRÄTKE, Michael (Amsterdam University): "Marx's Actuality; The Transformations of Capitalism as a World System"
YUWEN, Li (Peking University): "The Birth of Marxist Poetic Philosophy and its Intention"
KUBO, Shunich (Tohoku University, Japan)/ HECKER, Rolf (Berlin Brandenburg Academy of Sciences)/ HUEBNER, Hans (Librarian, Germany):
"Marx in Caricature"

* Admission is free and there will be simultaneous interpretation in English and Japanese.
** For further information about the symposium, please contact Masashi Izumo  .

MEGA and Marx

The symposium seminar for academic scholars and students on "MEGA and Marx" will be held on December 5, 2008.

Date and time: Friday, December 5, 2008, 13:30-17:30
Place: Room 804, Building No 1, Kanagawa University

The following speakers are expected to participate:

HECKER, Rolf (Berlin Brandenburg Academy of Sciences)
OTANI, Teinosuke (Hosei University, Emeritus Professor, Japan)
TAKENAGA Susumu (Daito Bunka University, Japan)
TAIRAKO Tomonaga (Hitotsubashi Unv.)

The CES Critical Economics Summer School

The Centre for Social Studies ( ), Associate Laboratory of the University of Coimbra, Portugal is launching The CES Critical Economics Summer School to bring together in annual meetings economists and other students of social sciences to discuss topics of common interest. This series of summer schools aims at promoting a venue for critical research on the economy and in economics. The school is primarily intended for advanced graduate and post-doctoral researchers as well as young scholars. Young researchers will then have the opportunity to attend lectures and discuss their work with distinguished scholars in the selected fields of research. The course will take the form of morning lectures where the guest speakers are invited to give two lectures. In the afternoons young researchers present their work to be discussed by all participants.

The institutional foundations of the economy: property, markets and public policy
Coimbra, Portugal
July 6-9, 2009

The first edition is devoted to the institutional foundations of the economy. It will bring on board the institutionalist and the feminist perspective on two basic economic institutions – property and markets. Particular attention will be given to the relation between these institutions and public policy, specifically, to how those institutions are shaped, and permanently reshaped, by public policies. The speakers are invited to discuss four main topics:

1) The foundations of the economy: the institutionalist and the feminist perspective.
2) Rights, property and property rights.
3) The limits of the market and institutional impurity.
4) Public policy and institutional change.

Guest lecturers include Daniel W. Bromley from the University of Wisconsin-Madison, John O’Neill from the University of Manchester, and Julie A. Nelson from the Global Development and Environment Institute, Tufts University.

CES Lecturers include José Castro Caldas, Vítor Neves, José Reis, Tiago Santos Pereira.
Interested graduate students and post-docs are encouraged to apply by submitting a curriculum vitae and a two-page abstract of the proposed paper together with the contact details of the author (Name, affiliation, email address) to

Deadline for submissions is April 1st 2009. Acceptance will be communicated by email by May 1st 2009.

The summer school will be held at the hotel Quinta da Geia, located in Aldeia das Dez, Portugal. It offers the perfect ambience for critical economics with a view to the extraordinary sightseeing of the Serra da Estrela.
The registration fee: 50 € for students and 150 € for non-students
Accommodation costs + meals for the four days of the conference: 350 €
The organization may subsidize a reduced number of students. The decision will be based on the interest of the proposed communication and subject to proof of student condition.
Organizing commitee:
José Castro Caldas, Vítor Neves, Ana Cordeiro Santos, João Tolda
Further practical information will be given in due course.
For further information, email

Mike Beggs "'Marx, Keynes and the changing central bank"

MFD and IIPPE seminar series chair Jan Toporowski

SOAS, November 19th, 6.00 p.m. Room 116

Mike Beggs is currently teaching and researching in Sidney - Department of Political Economy. He has research interests in inflation and inflation fighting since the 1970s with a focus on the USA, Australia and Brazil. Mike presented "Marx, Keynes, and the making of the neo-liberal central bank" at the Historical Materialism Conference 2008 where he made interesting observations on Minsky as well.

Job Postings for Heterodox Economists

University of Denver

*Job Title Assistant Professor - Economics Posting Hiring Range Competitive Work Schedule (Days & Hours) 9 months, hours vary Contact Email  Department Economics*

*Department Introduction - Job Summary*
The Department of Economics seeks to fill one tenure-track position at the rank of assistant professor starting September 2009. The individual in this position should have a familiarity with history, the history of economic thought, philosophy of social science, and heterodox as well as mainstream perspectives on economic theory and policy. This faculty member will have the opportunity to teach introductory courses
"Economics: Wealth & Poverty" and/or "Economics of the Business Environment" as well as upper and/or graduate level courses on Econometrics, and/or Labor Economics, and/or Environmental Economics.
The individual in this position will teach two (4-5 hour) courses per quarter, participate in advising undergraduate and graduate students, and supervising some students in their research; conduct research and publish; and serve on some departmental, or divisional, or university committees. Preferred Qualifications Completion of Ph.D. in Economics.
Familiarity with economic history, the history of economic thought, philosophy of social science, and heterodox as well as mainstream perspectives on economic theory and policy. Ability to teach M.A. level applied econometrics. Research and teaching strengths in an additional applied field, possibly Labor Economics.

*Minimum Qualifications*
These qualifications refer to education and/or experience. ABD considered -- will hold title of "Instructor" until complete.
Promise of distinction in research and publications. Promise of excellent teaching ability, especially for the introductory courses.

*Required Qualifications*
These qualifications are mandatory in order to perform the functions of the job (i.e. valid drivers license, certifications.) Must be able to teach various courses in English.

Job Open Date 10-28-2008
Job Close Date Open Until Filled
Job Category Faculty
Job Type Full-Time
Appointment Status Benefited
Special Instructions to Applicants
Review of applications will begin Dec 1, 2008 and will continue until the position is filled. Applicants who wish to apply must complete an online application at Attach letter of application and vitae.
Please mail evidence of teaching effectiveness (syllabi and sample evaluations), sample of scholarly publications, three letters of recommendation and other materials to:
Dr. Peter Ho
Department Chair
Department of Economics
2000 E. Asbury Ave.
Sturm 246
University of Denver
Denver, CO 80208

The University of Denver is committed to enhancing the diversity of its faculty and staff and encourages applications from women, minorities, people with disabilities and veterans. DU is an EEO/AA employer. Please see our extensive benefit package at

Worcester Polytechnic Institute

Social Science and Policy Studies Department

Position Description
Tenure-Track Assistant or Associate Professor of Economics

The Social Science and Policy Studies (SSPS) Department at WPI announces a tenure-track faculty position in Economics. The position will be filled at the Assistant or Associate Professor level.

Candidates should have a Ph. D. in economics. The selected candidate will teach courses in economics. The ideal candidate will have the ability to conduct interdisciplinary research and form research and teaching partnerships with other faculty in the social sciences, sciences, and engineering. A publication record in applied economic research with public policy emphasis is a plus. Familiarity with system dynamics and other computational methods is desirable.

The SSPS Department at WPI has multidisciplinary faculty offering undergraduate programs in economics, psychology, system dynamics, technology and society, environmental studies, and law and technology, and a master’s degree and interdisciplinary Ph. D. program in system dynamics. The Department also offers breadth courses in social science Institute-wide. Research in the Department covers a wide range of economics, social science, and policy topics, with several faculty sharing an interest in system dynamics – a modeling and computer simulation approach to understanding social and economic systems. See  for additional information about the department at WPI.

Applications with vita, a detailed description of research plans and teaching philosophy, and at least three references should be sent via regular mail to the following address by December 1, 2008: Prof. James Doyle, Department Head, Social Science and Policy Studies Department, WPI, 100 Institute Road, Worcester, MA 01609.


Senior Economist/Head of Policy

TASC is an independent think-tank that provides policy solutions, based on the values of equality, human rights, democratic accountability and sustainability. The core premise of TASC is that economic progress and equality for all are both achievable and interdependent.

This is a unique moment to join TASC at a time when, grant aided by the Atlantic Philanthropies, it is embarking on a major new programme of work and is seeking to recruit a dynamic and innovative team to deliver its vision.

Reporting to the Director, the person appointed will be a seasoned professional, responsible for delivering TASC’s programme of research and policy analysis. The person will play a central role in developing and communicating the policy proposals to realise the TASC vision.

In addition, the person appointed will undertake a range of research/policy development and project management activities in relation to the implementation of the socio-economic pillar of the TASC work programme.

Candidates must demonstrate empathy with TASC’s values and a capacity to represent TASC in public and media debates.


Economic Research and Policy
- Undertake primary research in one or more of the areas of focus of the socio-economic pillar, consistent with the social and democratic perspective

Research and policy leadership
Working closely with the Director s/he will:
- define and plan the TASC programme of research and policy and oversee its delivery (An overview of the TASC work programme is attached);
- identify and develop opportunities for TASC in relation to its current and future programme, including research consultancy, joint projects with partner organisations and individuals;
- work with individuals and groups of academics, policymakers and civil society activists (This will include establishing and working with advisory groups and managing contracted/outsourced work); and
- develop and manage the work of the TASC Economists Network.

Communications Tasks
- In liaison with the Communications Manager, undertake PR and media-related activities, including representing TASC on radio/television programmes
- Ensure that relevant staff have timely access to the most current research and data relevant to the issues in the TASC work programme
- Advise the relevant staff on how to effectively present often complex data to the public in order to facilitate advocacy that is grounded in facts yet easily understood by non-specialists, while ensuring that all TASC-released material can withstand close critical scrutiny
- Draft a variety of materials for different audiences, including media, academics civil society organisations and decision makers

- Undertake such other duties as may be assigned from time to time by the Director

Qualifications Required/ Person Specification
- A postgraduate qualification in economics
- At least five years experience in economic research and/or policy analysis or its equivalent
- A good grounding in economic theory and analysis
- Excellent research and analytical skills and ability to synthesise extensive information and data into succinct, clear reports, briefs etc and to communicate effectively in writing for diverse audiences
- A proven track record of highly collaborative team work
- Strong communication skills, consistent with effective media and public performance
- An ability to take initiative, to set as well as realign priorities when needed, to efficiently and effectively organise work in order to respond to a demanding and often rapidly evolving work programme while managing multiple major tasks simultaneously
- Experience of effectively mentoring and developing the technical skills of other research staff while encouraging their continual professional development is desirable

The successful candidate will work in close collaboration with the Director in establishing priorities and making the adjustments that go with working in a constantly changing environment with limited resources.

Salary and length of contract

An attractive competitive salary, taking into account qualifications and experience, will be paid to the successful candidate.
A further 5 % of agreed salary will be made available towards pension provision.
This is a fixed term contract position for a period of two years with further contract contingent on funding.
Secondment arrangements may be suitable and will be considered.

26 Sth Frederick St, Dublin 2
T: +353 1 6169050 F: +353 1 6753119


Adjunct sought to teach "Political Economy of Women" at SUNY/Purchase this spring (09).
20 miles north of Manhattan. Diverse student body.
Send c.v. and evidence of teaching effectiveness to Peter Bell at:
and/or Kim Christensen at:
Course description:
The Political Economy of Women
ECO 3150 / 4 credits / Spring
Traces the econmic and political histories of various racial/ethnic groups of women in the U.S. Topics include the relationship between the property arrangements and culture of the Iroquois, the economics of slavery and Reconstruction, the Salem witch trials, the traffic in mail-order brides, and the emergence of the second wave of the women’s liberation movement in the 1960s. Also offered as GND 3150.
Recommended (not required) prior courses: ECO 1540 (Economics & Everyday Life), GND 1520 (Intro. to Women's Studies)

De Anza College

Economics Instructor
Job #09-047
Review Date: 11/21/08
The Foothill-De Anza Community College District is currently accepting applications for the faculty position of Economics Instructor, De Anza College.
Click here for detailed information.

Bedford Hills College

Through the Bedford Hills College Program, Marymount Manhattan College offers non-credited College-preparatory courses and credit-bearing courses leading to Associate of Arts degrees in Social Science and Bachelor of Arts degrees in Sociology at the Bedford Hills Correctional Facility, a New York State maximum-security prison for women.

BHCP is currently seeking a part-time faculty to teach ECO 150: Economy, Society, and the State during the spring semester, this is an Intro to Political Economy course. Courses are taught once a week from 6:30-9:00pm.

Please contact if youare interested in this position.
Cindy Mercer, Ph.D.
Executive Director for Academic Achievement Marymount Manhattan College
221 E 71st Street
New York, NY 10021

The Center for Economic and Policy Research

Job Title: Economist

Organization Description:
The Center for Economic and Policy Research (CEPR) was established in 1999 to promote democratic debate on the most important economic and social issues that affect people's lives. It is an independent, nonpartisan think tank based in Washington, DC, conducting professional research and disseminating it to the media, policy-makers, and advocates. CEPR's Advisory Board of Economists includes Nobel Laureate economists Robert Solow and Joseph Stiglitz; Richard Freeman, Professor of Economics at Harvard University; and Eileen Appelbaum, Professor and Director of the Center for Women and Work at Rutgers University.

Job Description:
CEPR is seeking an economist, Ph.D. preferred. S/he would perform economic analysis, write issue briefs, research papers, and other publications on international economic issues, including trade, globalization, and development, with a focus on Latin America. CEPR will consider employing an individual who is located abroad and who can effectively telecommute, provided they can interview in person.

- Implementing and supervising economic research projects
- Writing original research papers, reports, and other publications
- Coordinating the work of research assistants
- Assisting with funding proposals and reports
- Serving as a spokesperson for CEPR with the media and in outreach to the international policy community

- The ideal candidate will possess most or all of the following qualifications. However, CEPR will consider strong candidates whose experience and capabilities are roughly equivalent.
- Advanced degree in economics or related field, preferably at the Ph.D. level, or an equivalent combination of education and experience
- Superior writing and analytic skills
- Ability to initiate and conduct research projects independently
- In-depth knowledge of contemporary economic issues affecting Latin America, including trade, globalization, and regional integration
- Fluency in Spanish
- Compatibility with CEPR's perspective and commitment to social and economic justice

Salary & Benefits:
CEPR offers a competitive salary and an excellent benefits package. This position will be represented by the International Federation of Professional and Technical Engineers, Local #70, AFL-CIO.

Closing Date of Position:
This position will remain open until filled.

To Apply:
Send resume, cover letter and salary requirements to jobscepr2008 [at] cepr [dot] net. Please include “Economist” in the subject line. NO TELEPHONE CALLS OR FAXES PLEASE. Due to the volume of applicants, you may not receive a response. Applications may also be mailed to: Economist Search Committee, CEPR, 1611 Connecticut Ave. NW, Suite 400, Washington, DC. 20009.
The Center for Economic and Policy Research is an equal opportunity employer that considers applicants for all positions without regard to race, color, religion, creed, gender, national origin, age, disability, marital or veteran status, sexual orientation, or any legally protected status.

The Eastern Economic Association

The Eastern Economic Association seeks a new Executive Director.

Responsibilities include administration of the Association including membership, finances, and planning and organizing the EEA annual conference. Compensation is to be negotiated with the Association, and will include release time from teaching responsibilities. Initial appointment is 5 years, starting July 1, 2009. Interested individuals should send a letter expressing interest to Steven Pressman, Department of Economics & Finance, Monmouth University, West Long Branch, NJ 07764 or via email to

The Open University

Applications are invited for a new Lectuership in Economics at The Open University in the UK. This full-time permanent post will be in the Department of Economics, located in the Faculty of Social Sciences.


Heterodox Conference Papers and Reports and Articles

Marxist Interpretation of the Crisis

Lecture by Rick Wolff on a Marxist Interpretation of the Crisis is available on video:

21st Century Trade Agreements: Implications for Long-Run Development Policy

By Rachel Denae Thrasher and Kevin P. Gallagher
A new study by GDAE researcher Kevin P. Gallagher and Rachel Denae Thrasher from Boston University shows that US trade agreements leave little room for poorer nations to deploy effective development policies for long-run diversification and development. The researchers find US agreements to be significantly more restrictive of such “policy space for development” than European agreements, the WTO agreement, and particularly the more development-friendly agreements between or among developing countries themselves, so-called South-South agreements.

“21st Century Trade Agreements: Implications for Long-Run Development Policy” was published by the Frederick S. Pardee Center for the Study of the Longer-Range Future.
The authors demonstrate that while South-South agreements provide ample policy space for industrial development, the WTO and European agreements largely represent the middle of the spectrum in terms of constraining policy space choices. US agreements place considerably more constraints by binding parties both broadly and deeply in their trade commitments. Unlike the WTO and agreements between the EU and developing countries, US agreements do not allow developing nations to:
- deploy capital controls during a financial crisis, even though such measures have been shown to have buttressed nations like Chile from falling victim to financial crises in the past;
- require that foreign investment come in the form of joint ventures. Under the WTO, China, like Taiwan and Japan before them, continually require joint ventures to develop local supplier bases and build the productive capacities of domestic firms;
- institute safeguards when domestic firms suffer from an unwarranted flood of goods imports or service providers;
- exempt plant and life forms from the patenting process, like many South Asian nations due to protect biodiversity, indigenous rights, and the ability of domestic firms to develop new products;
- permit early working or “Bolar” provisions on innovations so domestic firms can stand ready to enter a market when a patent expires.
This paper serves as an indispensable guide for developing-country negotiators seeking to preserve policy space for development as they negotiate bilateral and multilateral trade agreements.
Download the report here:

On Democratizing Financial Turmoil

A Minskian Analysis of the Subprime Crisis
The paper uses Minsky’s financial instability hypothesis as an analytical framework for understanding the subprime mortgage crisis and for introducing adequate reforms to restore economic stability. We argue that the subprime crisis has structural origins that extend far beyond the housing and financial markets. We further argue that rising inequality since the 1980s formed the breeding ground for the current financial markets meltdown. What we observe today is only the manifestation of the ingenuity of the market in taking advantage of moneymaking opportunities, regardless of the consequences. The so-called “democratization of homeownership ” rapidly turned into record-high delinquencies and foreclosures. The sudden turn in market expectations led investors and banks to reevaluate their portfolios, which brought about a credit crunch and widespread economic instability. The Federal Reserve Bank’s intervention came too late and failed to usher in adequate regulation. Finally, the paper argues that a true democratization of homeownership is only possible through job creation and income-generation programs, rather than through exotic mortgage schemes.
Luisa Fernandez
Fadhel Kaboub
Zdravka Todorova 


Heterodox Journals and Newsletters

Revue Française de Socio-Economie

Revue Française de Socio-Economie, n°2, deuxième semestre 2008

Le care : entre transactions familiales et économie des services

Le statut du care dans les sociétés capitalistes. Introduction Chantal Nicole-Drancourt, Florence Jany-Catrice

L'économie du care
Viviana A. Zelizer

Qu'est ce que le social care ?
Claude Martin

Services aux personnes et sociologie économique pluraliste Jean-Louis Laville

L'argent des femmes pauvres
Isabelle Guérin

L'innovation sociale dans les services d'aide à domicile Florence Degavre, Marthe Nyssens

Aide à domicile : de l'idéologie de la professionnalisation à la pluralité des professionnalités Thierry Ribault

Pourquoi et comment mettre en oeuvre un modèle à « deux apporteurs de revenu/deux pourvoyeurs de soins ?
Dominique Méda

L'accueil des jeunes enfants en Europe
Laurent Fraisse, Vincent Lhuillier, Francesca Petrella

Les saisies du public dans un service de production télévisuelle Jérôme Denis

La dynamique des normes de consommation
Gérald Gaglio

Les indicateurs de développement durable Harold Levrel

Note critique

Journal of Post Keynesian Economics

Volume 31 Number 1 / Fall 2008 of Journal of Post Keynesian Economics is now available at

This issue contains:
A stages approach to banking development in transition economies
Sheila C. Dow, Dipak Ghosh, Kobil Ruziev

Investment functions and the profitability gap
Colin Richardson, Peter Romilly

Effective-demand-constrained growth in a two-sector Kaldorian model
John S. L. McCombie, Mark Roberts

Financial dependency and growth cycles in Latin American countries
Carlos Aguiar de Medeiros

Innovations, wages, and profits
Mario Pianta, Massimiliano Tancioni

Teaching Minsky's financial instability hypothesis: a manageable suggestion
Sébastien Charles

U.S. deficit control and private-sector wealth
Joëlle J. Leclaire

East German unemployment: the myth of the irrelevant labor market
Christian Merkl, Dennis Snower

Neoclassical versus Keynesian approaches to Eastern German unemployment: a rejoinder to Merkl and Snower
John Hall, Udo Ludwig

Economic Sociology - the european electronic newsletter

Current Issue:
Vol. 10, No. 1 - November 2008

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 1GBP an issue at  or in a hard copy format - tel (UK) 01227 738207). To unsubscribe from this list, reply or send an email to  with 'bulletin unsubscribe' in the subject line.

1. This week: Associative Economics at The London School of Economics
2. Forthcoming Events
3. The State of Money - Associative Economics Monthly November 2008


Today's events call for a sea-change in our understanding of economic life, taking us beyond the economics of nations and politics into a world in which economic life is seen as a single global reality and the concern of humanity as a whole, rather than particular classes, groups or countries. Full details at

Thursday 6th November: The Significance of Form and the role of the corporation / The Monetary Economy and the need for differentiated money Thursday 4th December: Deep Accounting - How money and accounting became one / Collaboration without Collusion - Coordination through conscious finance

London School of Economics, D9 Clement House, Aldwych, London. Cost per evening: £7 (students £5)

(The course as a whole also counts as Module 1 towards a Diploma in Associative Economics.)


Thursday 6th November, AE@LSE (see above) Friday 7th November, Lydney Glos. UK, Capital and Human Needs. See
14-16 November - weekend intensive study of Rudolf Steiner’s Economics Course. Great Barrington, MA. USA Details from
27 - 30 November. Colours of Money Seminar in Finland Helsinki Thursday 4th December, AE@LSE (see above)


Editorial Extract
Today's events tug at notions of separate economic existence and make clear the need for coordination in some way and for an end to the endless iteration of rivalry, enshrined in theory, practice and law, and the need for a step toward conscious cooperation. In this journal we call this association, or, to use a sound bite, collaboration without collusion. That coordination is needed between governments and businesses and that we need to go beyond 'monetary nationalism' is also the theme of this month's 'Sign of The Times' item. The question, of course, is how? The nub of the problem, the need to recognise the polar nature of economic life and to develop a monetary comprehension this is the message of the feature article, 'Two Kinds of Money'.

The Friends Page touches inevitably on the financial problems of today and, again, questions of their comprehension.

This month's AE Hero is Joseph Schumpeter, featured because of the emphasis he places on entrepreneurship.

Accounting Corner reports on attempts to review accounting standards, pressuring on them from outside, rather than looking at deeper questions concernig the relevance and fit of valuation concepts to today's conditions.

CASE e-Newsletter 

Feminist Economics

Volume 14 Issue 4  is now available online at informaworld (

Special Issue:AIDS, Sexuality, and Economic Development

This new issue contains the following articles:

The AIDS Epidemic: Challenges for Feminist Economics, Pages 1 - 18
Authors: Cecilia Conrad; Cheryl R. Doss

Gender and Access to Antiretroviral Treatment in South Africa, Pages 19 - 36
Author: Nicoli Nattrass

Safety First, Then Condoms: Commercial Sex, Risky Behavior, and the Spread of HIV/AIDS in Managua, Nicaragua, Pages 37 - 65
Author: Alys Willman

Race, Sex, and the Neglected Risks for Women and Girls in Sub-Saharan Africa, Pages 67 - 86
Author: Eileen Stillwaggon

Bias, Not Error: Assessments of the Economic Impact of HIV/AIDS Using Evidence from Micro Studies in Sub-Saharan Africa, Pages 87 - 115
Author: Deborah Johnston

Unpaid HIV/AIDS Care in Southern Africa: Forms, Context, and Implications, Pages 117 - 147
Author: Olagoke Akintola

Migratory Paths, Experiences of HIV/AIDS, and Sexuality: African Women Living withHIV/AIDS in France, Pages 149 - 181
Author: Dolorès Pourette

Gendering China's Strategy against HIV/AIDS: Findings from a Research Project in Guangdong Province, Pages 183 - 211
Author: Lanyan Chen

Reclaiming Our Lives: HIV and AIDS, Women's Land and Property Rights and Livelihoods in southern and East Africa – Narratives and Responses, Pages 213 - 216
Author: Cheryl Doss

Making Sex Work: A Failed Experiment with Legalized Prostitution, Pages 216 - 218
Author: Manisha Shah

Econometrics, Statistics and Computational Approaches in Food and Health Sciences, Pages 219 - 221
Author: Yana van der Meulen Rodgers

The Invisible Cure: Africa, the West, and the Fight against AIDS, Pages 222 - 226
Author: Ajay Mahal

Levy News

Le care : entre transactions familiales et économie des services

Dossier coordonné par Florence Jany-Catrice Dossier coordonné par Florence Jany-Catrice
et Chantal Nicole-Drancourt et Chantal Nicole-Drancourt

Le care englobe l’étude de l’ensemble des activités (formelles et informelles) de la prise en charge des soins aux personnes.
Cette prise en charge est envisagée sous l’angle d’un soutien multidimensionnel – matériel, physique, moral et psychique – d’individus dépendants, certes, mais aussi de tout individu, en tant que sujet en risque de perte d’autonomie, y compris sociale. Or, ce qui circule et s’échange dans le care est traditionnellement traité de manière distincte en économie et en sociologie. RFSE02.pdf


Heterodox Books and Book Series

Mining Town Crisis: Globalization, Labour and Resistance in Sudbury

David Leadbeater, ed., Fernwood Publishing, $29.95 

Sudbury is the largest hardrock mining centre in North America and among the largest in the world. Given the enormous mineral wealth that exists in the Sudbury Basin, one might think that prosperity would abound and that cultural, educational, health and social-welfare institutions would be of the highest order, existing within a well-maintained and attractive physical infrastructure. But this is not the Sudbury that people know. This book explores key aspects of Sudbury’s economic, health and social conditions. It analyzes how globalization and corporate power in a hinterland mining town have impacted on working people, how and why resistance has emerged and why alternative directions are needed. While Sudbury is the focus of this book, the Sudbury experience offers important lessons for other mining and resource communities. DAVID LEADBEATER is an associate professor of economics at Laurentian University.

From Political Economy to Economics

By Dimitris Milonakis and Ben Fine

A Short History of Economic Thought

By Bo Sandelin, Hans-Michael Trautwein, Richard Wundrak

Ontology and Economics: Tony Lawson and his Critics

Edited by Edward Fullbrook

The Science of Wealth

By Tony Aspromourgos

The Political Economy of Work

By David A Spencer

Institutional Economics

By Bernard Chavance

Ontology and Economics: Tony Lawson and his Critics

Edited by Edward Fullbrook 

Knowledge, Scale and Transactions in the Theory of the Firm

By Mario Morroni

The book provides a new analytical framework that improves our understanding of the causes underlying different growth paths which lead to heterogeneity in organisational design and performance of firms. The book addresses the relations between basic conditions, decision-making mechanisms and organisational coordination. This allows an examination of the circumstances whereby capabilities, transactions and scale-scope considerations interact in shaping organizational boundaries and performance. With the emergence of the knowledge-based economy and the increasing pressure of global competition, the development of capabilities is acquiring ever greater importance in boosting the competitiveness of enterprises. It is shown in the book that long-term
relational agreements, within and among firms, enhance learning processes and offer powerful tools for improving competitiveness under conflicting interests and informational asymmetries. Dissimilar performances among firms derive from different opportunities and abilities to exploit the combined advantages provided by the development of knowledge, the modes of governance of transactions and the design of the scale and scope of processes.
Introduction and summary;
1. Basic conditions;
2. Decision making;
3. Organisational coordination;
4. Wrestling with uncertainty;
5. Uncertainty-decreasing strategies within firms;
6. By way of a conclusion: growth of the firm as the interplay between the three aspects of organizational coordination;
Cambridge University Press, Cambridge, UK, 2006
ISBN – 13 978-0-521-86243-1 £ 57.00
Link CUP catalogue:

Corporate Governance, Organization and the Firm: Co-operation and Outsourcing in the Global Economy

Edited by Mario Morroni

In recent years, applied studies have shown widespread, profound and increasing heterogeneity across firms in terms of their strategy, organization arrangement and performance. This book investigates the diversity of business firms, offering a picture of the different organizational settings they adopt in their endeavour to cope with increasing competitive pressure. The book addresses critical theoretical issues surrounding corporate governance, organizational design and cooperative relations among firms. Moreover, it provides new evidence on the various forms of outsourcing that are playing an increasingly important role as a consequence of globalization. The contributions collected in this book stress the emergence of a trend towards a reorganization of production that can enhance the transmission, development and maintenance of knowledge in order to sustain long-run competitive advantage.
Essays by M. Damiani; J. Krafft and J.L. Ravix; A. Grandori and S. Furnari; C. Ménard; P. Cohendet and P. Llerena; A. Reinstaller and P. Windrum; M. Mazzanti, S. Montresor and P. Pini; R. Pardo and R. Rama; C. Gianelle and G. Tattara
Forthcoming Edward Elgar, Cheltenham, UK, February 2009
in New Perspectives on the Modern Corporation series
ISBN – 978-1-84720-820-0 £ 65.00

Leading Contemporary Economists: Economics at the Cutting Edge

Edited by Steven Pressman
Series: Routledge Studies in the History of Economics 
This book describes the important contributions of several contemporary economic figures including recent Nobel Laureates. Describing their work and putting it into an historical perspective, these chapters explain how their work constitutes a major contribution to the discipline of economics and how it has broadened economic science.
Co-Editor of the Review of Political Economy, Steven Pressman has gathered together for the first time key chapters from the journal, discussing major figures such as Amartya Sen, Joseph Stiglitz, John Kenneth Galbraith, Thomas Schelling, Edmund Phelps and Robert Mundell. This volume is significant to the extent that it combines the study of the work of Nobel Laureates with the perspective of heterodox economists, including a comprehensive bibliography for the work of each economist covered.  


Heterodox Graduate Program and PhD Scholarships

St Edmund's College

G.L.S Shackle Studentship

Applications are invited for the G.L.S Shackle Studentship for a single Cambridge University term ideally for the 2009 Michaelmas Term, although consideration will be given to applicants wishing to take up the Studentship earlier or later up to June 2010. The Studentship is open to students/scholars who may be graduates of any University and of any seniority. It provides the successful candidate with one term’s free single accommodation in the College if available, plus a meals allowance, or a sum of £2000, paid in instalments over a period of 10 weeks. In order to qualify for the award it will be necessary for the successful applicant to produce a scholarly paper relating to Shackle at the end of his/her tenure. The scholarly paper should be of sufficient standard to be publishable in a leading economics journal.

It is important to note that the College cannot be responsible for providing airfares or visas.

The closing date for applications is 19th December 2008. Applications should include a full CV with a publications list plus a resumé of not more than 2000 words of the proposed research project and the names of two academic referees. Early expressions of interest are strongly encouraged.

An application form and check list can be downloaded from the St Edmund’s web page on Please complete the form and send it together with a CV and Research Proposal to the Master’s secretary, St Edmund’s College, Cambridge CB3 OBN. E-mail:, Tel: +44(0)1223 336122, Fax: +44(0)1223 331966.

The University of Sydney

PhD Scholarship in Sustainability Economics

The Murray-Darling Basin is the most important agricultural region in Australia and consumes 70% of all of the water used by Australian agriculture whilst producing 40% of the gross value of agricultural production. At the same time it is home to some of Australia’s most treasured environmental resources. There is ongoing tension between production and environmental protection that makes this an ideal test bed for the development of a new sustainability economic model, the Murray-Darling Basin Economy Simulation Model (MDBE-SM). The MDBE-SM will extend an existing economic modelling approach developed by the supervisory team. In its economic-demographic aspects, MDBE-SM will be an integrated supply-demand, complex-systems, computer simulation and forecasting model. Its structural equations will drive a full colour 4-D (latitude, longitude, altitude, time) digital mapstack. This will display both the stable characteristics of the Murray-Darling Basin (topography, drainage, soils, etc.) and how the slower-changing features (climate, weather patterns, settlements, etc.) and faster variables (land-uses, populations, production, employment, exports, etc.) move over past and projected future times. The project will exploit existing data collected on the Murray-Darling Basin and the model's parameters will be identified by applying the PEST system ( ) to relevant time-series of historical data. The student will:

- Study and critically review prevailing economic and ecological theory
- Identify consistencies and contradictions in the application of conventional economic theories to systems that depend on ecological services and where environmental impact must be kept within prescribed limits
- Identify heterodox economic theories (especially Post Keynesian, Evolutionary and Ecological Theories) that provide complex system dynamic principles for application to ecological sustainability
- Develop and extend an existing complex economic systems model for integrated socio-techno-environmental systems
- Develop an interactive visualisation front-end for the model based on Google Earth
- Collect relevant data relating to sustainable production in the Murray-Darling Basin and use it to derive parameters for the model
- Test the model against existing data
Predict future scenarios to inform sustainable management of the Basin

This project is a collaboration between Prof. Crawford, Assoc. Prof. Jerry Courvisanos at the University of Ballarat and Dr. Colin Richardson at Imperial College London.

For more details go to the following website: 
and follow the link to "Towards a Sustainability Economics"


Heterodox Websites and Associations

Economy Watch

The Brecht Forum is proud to introduce Economy Watch ( ), a new website for the latest anaylsis on the US Economic crisis.
The website includes:
-Video coverage of "An Offer We Can't Refuse: Progressives and the Economic Crisis" with William Grieder, Naomi Klein, Arun Gupta, Doug Henwood and Frances Fox Piven
-The Economic Crisis and Socialist Strategy with Rick Wolff
-A Radical Approach to the Subprime Mortgage Crisis
-Updates from activists and scholars
For more info check out

Economics of Crisis

Membership is open to anyone in the fields of economics or policy, and we are in particular looking for proposals for a new financial architecture (post-Bretton Woods 'II'). 

Marx in Chile 

The Economics Web Institute

The Economics Web Institute offers you to freely explore classical and innovative issues in economics and management, drawing on a large array of theoretical reflections, real data, and interactive software models. 


The HEN-IRE-FPH Project

The HEN-IRE-FPH Project for Developing Heterodox Economics and Rethinking the Economy Through Debate and Dialogue

The Heterodox Economics Newsletter, The International Initiative for Rethinking the Economy (IRE), and the Charles Leopold Mayer Foundation for the Progress of Humankind (FPH) ( ) have undertaken a joint project to promote the development of heterodox economics. It involves publishing in the Newsletter reviews, analytical summaries, or commentary of articles, books, book chapters, theses, dissertations, government reports, etc. that relate to the following themes: diversity of economic approaches, regulation of goods and services, currency and finance, and trade regimes. These themes relate to heterodox economics and to the open and pluralistic intellectual debates in economics. For further information about the project and queries about reviewing, contact Fred Lee ( ).


Queries from Heterodox Economists

Felix Vardy

Dear Historians of Economics,

Here at the Office of the Chief Economist of the Latin America and Caribbean Region of the World Bank we are about to embark on a year long project studying the role of (primary) commodities in Latin America. As part of that project, we want to familiarize ourselves with the history of economic thought about the role commodities in economic development. Paradigms like Dependency Theory, Enclave Economies, the Prebisch-Singer hypothesis, Dutch Disease, Import Substitution, and the Resource Curse come to mind.

Could anyone perhaps point us to books or journal articles that give a good overview and discuss the development of the thinking in the literature? If I am not mistaken, even Adam Smith had particular thoughts on the subject!

We would be very grateful for any suggestions you may have.

Best regards,

Felix Vardy


For Your Information

Fatal Flaws in the Theory of Comparative Advantage

Thursday, November 06, 2008
( )

Commentary by USBICEF Contributor Ian Fletcher

Free trade rs tell us that David Ricardo’s famous theory of comparative advantage proves that free trade always benefits both trading partners and only ever harms special interests. But as its inventor knew perfectly well, his theory is not a blank check for free trade, but a conditional theory that depends upon certain assumptions that may or may not hold.

Political Economy Research Institute

Dear PERI Friends & Colleagues,

While we try to keep our emails to a minimum, there are moments when it seems important that we make contact more frequently. We think this is one such moment (and apologize if you disagree). As you may know, over the past year PERI economists have been researching a green economic investment strategy. Given the election results and the ongoing financial crisis, no moment could be more appropriate for the implementation of this strategy. In the current issue of The Nation, PERI's Robert Pollin lays out how a green public investment program can be used as a stimulus to end our current recession and build a foundation for job creation and sustainable economic growth.
Since January the economy has shed 760,000 jobs, and state governments are facing a revenue shortfall of roughly $100 billion in the next fiscal year. The recession is certainly here, so the question now is how to diminish its length and severity. In this article, Robert Pollin describes the only action that can possibly do the job--a large-scale federal government stimulus program.
President-elect Obama himself, as well as most of the newly elected Democratic-controlled Congress, recognize the urgency of a large-scale stimulus program. Even Bernanke has offered his endorsement. But despite the near consensus, questions remain: How should the stimulus funds be spent? How large does the stimulus need to be? Where do we find the money to pay for it?
Pollin describes a stimulus that meets three criteria: First, it generates the largest possible employment boost for a given level of government spending. Second, it is in areas that strengthen the economy in the long run. And finally, it addresses global warming--a fight which we do not have the luxury of delaying.

Download "How to End the Recession"

St Edmund's College

G.L.S Shackle Studentship

Applications are invited for the G.L.S Shackle Studentship for a single Cambridge University term ideally for the 2009 Michaelmas Term, although consideration will be given to applicants wishing to take up the Studentship earlier or later up to June 2010. The Studentship is open to students/scholars who may be graduates of any University and of any seniority. It provides the successful candidate with one term’s free single accommodation in the College if available, plus a meals allowance, or a sum of £2000, paid in instalments over a period of 10 weeks. In order to qualify for the award it will be necessary for the successful applicant to produce a scholarly paper relating to Shackle at the end of his/her tenure. The scholarly paper should be of sufficient standard to be publishable in a leading economics journal.

It is important to note that the College cannot be responsible for providing airfares or visas.

The closing date for applications is 19th December 2008. Applications should include a full CV with a publications list plus a resumé of not more than 2000 words of the proposed research project and the names of two academic referees. Early expressions of interest are strongly encouraged.

An application form and check list can be downloaded from the St Edmund’s web page on Please complete the form and send it together with a CV and Research Proposal to the Master’s secretary, St Edmund’s College, Cambridge CB3 OBN. E-mail:, Tel: +44(0)1223 336122, Fax: +44(0)1223 331966.