From the Editor
The breaking news is that
the University of Notre Dame has decided to
close down the Department of Economics and
Policy Studies over the next two years. In 2003,
the University decided to place the heterodox
economists and other economists they did not
think much of in the above Department. The then
existing economics department was renamed as the
Department of Economics and Econometrics and the
only economists really allowed in it were
mainstream economists of a very narrow sort. One
of the reasons given for splitting the Economics
Department in 2003 was the low ranking of the
doctoral program. Recent research shows that at
the time of the ‘splitting’ of the Department,
the ‘heterodox-pluralist’ department had much
better research productivity than the mainstream
department (click
here for the research). Thus, the powers at
Notre Dame have opted for scholarly mediocrity
over excellence. For additional information, see
the following:
http://openeconomicsnd.wordpress.com/
http://media.www.ndsmcobserver.com/media/storage/paper660/news/2009/09/11/News/Future.Of.Economics.Department.Uncertain-3769044.shtml
http://anticap.wordpress.com/2009/09/11/its-official/
http://chronicle.com/article/Notre-Dame-to-Dissolve/48460/
One of the problems facing the economists at
Notre Dame in 2003 is that the conventional
measures of research excellence used to rank
doctoral programs discriminated against
heterodox journal publications. This issue has
not disappeared, for just the other day I
received an e-mail from a European colleague
asking me to recommend good heterodox journals.
My colleague is part of a national committee
that is identifying economic journals that are
to be used by the state as a basis to allocate
academic research funds. Because of my research,
I was able to recommend some journals to my
colleague and supply arguments to sustain my
recommendations. If this is successful, then
heterodox economists in my colleague’s country
will have it a little easier when requesting
research funds. This kind of issue as well as
others were explored at the Bremen Workshop on
Assessing Economic Research in a European
Context (click
here for the Report of the Workshop).
Revised versions of many of the papers given at
the Workshop will be given at the following
conferences: 13th Conference of the Research
Network Macroeconomics and Macroeconomic
Policies, 2009 EAEPE Conference, and the 2010
ASSA-URPE sessions.
On a different note, in case you are interested,
there is a call from the European Commission
2009/S 141-205367 - B-Brussels: consumer
decision-making in retail investment services: a
behavioural economics perspective
(SANCO/2009/B1/011).:
http://ec.europa.eu/consumers/tenders/information/tenders/cont_notices_en.htm.
One last thing regarding the ASSA. You may now
register for the ASSA meetings at
http://www.vanderbilt.edu/AEA/Annual_Meeting/index.htm.
Remember to tick the ASE membership box. In
addition, the ASE will have its opening plenary
session on Saturday, January 2, 2010. Our
distinguished speaker and his topic will be:
Joseph E. Stiglitz
Homo Economics: The Impact of Economic Crisis on
Economic Theory.
A reception will follow immediately after his
presentation. In addition the AFEE 2010
Conference Program can be found at:
http://www.associationforevolutionaryeconomics.org/divison.php?page=conference_program
Fred Lee
In
this issue:
|
Call for Papers |
|
- Fourth Conference
on the History of Recent Economics
- STOREP Workshop
- History of Macroeconomics Workshop
- International Colloquium at Pierre Mandes- France
University
- What is the Common?
- The International Journal of Management Concepts and
Philosophy
- Rosa Luxemburg Foundation
- “The Impact of the Global Financial Crisis on Economic
Reform Processes in Africa” |
|
Conferences, Seminars and Lectures |
|
- The World Economy
in Crisis - The Return of Keynesianism?
- The Second Latin American Advanced Programme on Rethinking
Macro and Development Economics
- History of Economics Society sessions program at ASSA 2010
- L'ADEK
- The recent developments in Post-Keynesian modeling
- L’analyse monétaire de l’économie
- Recovery towards what? Finance, justice, sustainability
- Put People First G20 Counter Conference
- Europe in Crisis: A Critique of the EU’s Failure to
Respond
- Post-keynesian Analyses and Modelling
- The 4th Bi-Annual Cross-Border Post Keynesian Conference
- Center for the History of Political Economy Workshop |
|
Job Postings for Heterodox Economists |
|
- Gettysburg
College
- The University of Sydney |
|
Heterodox Conference Papers and
Reports and Articles |
|
- Confronting the Gloves-Off Economy:
America’s Broken Labor Standards and How to Fix Them
- Agri-Business for Development’: Who Really Gains?
- The Experience of Working Class Students at a Research I
University |
|
Heterodox Journals and Newsletters |
|
- Historical Materialism 17/1
- Historical Materialism 17/2
- History of Economics Review
- Levy News
- The European Journal of the History of Economic Thought
- Friends of Associative Economics Bulletin
- eInsight
|
|
Heterodox Books and Book Series |
|
- Ideology, Absolutism and the English
Revolution
- Economic Pluralism
- Kalecki's Principle of Increasing Risk and Keynesian
Economics
- Money and Power: Great Predators in the Political Economy
of Development
- Economic Abundance: An Introduction
|
|
Heterodox Web Sites and Associations |
|
- International Rosa Luxemburg Society |
|
For
Your Information |
|
- The Japanese Society for Post
Keynesian Economics
- 2009 EAEPE Conference Program
- How Did Economists Get It So Wrong?
- FALL-SPRING STUDY GROUP ON CAPITALIST CRISIS
- PETITION
- New Supplemental Material for Microeconomics in Context
and Microeconomics in Context |
|
|
Call for Papers
Fourth Conference
on the History of Recent Economics
3-5 June 2010
École normale supérieure de Cachan
The Second World War and its aftermath marked a major stage in the
establishment of economics as one of the dominant discourses in
contemporary societies. The spread of economic ideas into many areas
of social life invites mutually profitable engagements between
historians of economics and historians of other social sciences
economists. It also presents great potential for those working on
the history of economics to broaden their audience beyond those that
they have traditionally addressed.
The past decade has been witness to a surging interest in the
history of economics post-WWII. This new scholarship has made good
use of newly available source-materials, rehearsed new methodologies
for the study of the past and looked across disciplinary boundaries
for insights. The first three HISRECO conferences offered
wide-ranging samples of this work. For the fourth consecutive year,
we are inviting submissions of papers on the post-WWII era. Papers
that deal with the period leading up to this may be considered, but
only if they shed significant light on subsequent developments.
Though all proposals will be carefully considered, our preference is
for papers that place post-war economics in a broader context,
whether this is parallel developments in other social sciences,
politics, culture or economic challenges. To this end, we solicit
proposals from scholars trained in history, economics, sociology, or
any field that may yield insights. Proposals from doctoral students
and junior researchers are actively encouraged.
If you are interested in participating, please submit a proposal
containing roughly 500 words and indicating clearly the original
contribution of the paper (if you have a draft of the paper, we
would be happy to see that as well). The deadline for the submission
of paper proposals is 30 September 2009. Notice of acceptance or
rejection will be sent by 15 November 2009 and completed papers will
be due on 1 March 2010 so that we can provide feedback and then give
discussants time to prepare worthwhile comments.
The organizing committee consists of Roger Backhouse (University of
Birmingham), Philippe Fontaine (École normale supérieure de Cachan
and Institut universitaire de France), and Tiago Mata (University of
Amsterdam).
Proposals should be sent electronically to
philippe.fontaine@ens-cachan.fr.
For further information about the conference please contact Philippe
Fontaine.
STOREP Workshop
(Associazione Italiana per la Storia dell'Economia Politica)
"Alternative Approaches to the Building of Economic Dynamics in the
Years of High Theory"
Collegio S. Chiara, Università di Siena
December 18-19, 2009
Organizers: Massimo Di Matteo and Franco Donzelli
The aim of the workshop is to assess the state of the art about the
birth of economic dynamics in the interwar period. The debate around
the topic is still open as many strands of thought have been
competing in those “years of high theory” to gain full acceptance by
economists.
Scholars interested in presenting a paper are invited to send an
abstract to dimatteo@unisi.it
and
franco.donzelli@unimi.it before October 15th, 2009.
Acceptance will be communicated by October, 31st, 2009.
The following have already guaranteed their participation: Michel De
Vroey (Université Catholique de Louvain), Pierangelo Garegnani (Università
di Roma 3), Marji Lines (Università di Udine), Alfredo Medio (Università
di Udine), Luca Pensieroso (Université Catholique de Louvain),
Alessandro Vercelli (Università di Siena), Massimo Di Matteo (Università
di Siena), Franco Donzelli (Università di Milano).
Organizers are contacting editors of a few journals in the field to
explore the possibility of having a special issue devoted to the
workshop.
Further information at:
http://www.storep.org/workshopdynamics/
History of Macroeconomics Workshop
« WHAT HAVE WE LEARNED ON INCOME DISTRIBUTION
SINCE THE ‘YEARS OF HIGH THEORY’? »
6 March, 2010
Université de Paris 1 (PHARE),
Université de Paris VIII (LED), Université de Paris X (ECONOMIX),
Call for papers
Deadline: September 30, 2009
The current financial crisis has turned once again income
distribution into a central issue within both teoretical economics
and economic policy debates. Ongoing discussions are based on lines
of research, which have recently gone through an important
theoretical renewal. The objective of this meeting is to draw
together economists and historians of economics working in the field
of income distribution. Our hope is that, by confronting important
pioneering contributions like those of Dunlop, Goodwin, Harrod,
Kaldor, Kalecki, Keynes, Minsky or Tarshis with new and recent
theoretical developments, this meeting would encourage more
systematic inquiries into the subject and open up new perspectives.
Contributions could address issues related to
? Post Keynesian contributions on growth and cycles in which income
distribution is linked to class conflicts (A. Bhaduri (2006)).
? Models which have sought to revive « Keynesian » discussions on
aggregate instability by circumventing the central Real Business
Cycle postulate of a large number of identical immortal
agents (M Woodford 1988, 1989).
? Models of imperfect competition (O. Blanchard and F. Giavazzi
(2003)) linking income distribution with the mark-up determinants
established by the market power of firms and the bargaining power of
workers. Focusing on the complex interactions between deregulation
on the labour product markets, this approach raises new political
issues, especially linked to the ambiguous effects of
de-unionization on employment.
? The New Growth Theory ((P. Aghion et al (2002)) seeking to
establish a twofold relationship between growth and income
distribution: the impact of growth on income distribution and the
impact of income distribution on growth. Recent discussions based on
these questions have dealt with the stabilising/destabilizing effect
of income distribution policies.
? Models of coordination failures based on the existence of
strategic complementarities (R. Cooper and A. John (1988)). Raising
the possibility of multiple equilibria, these studies attempt to
discuss the central role played by distribution effects on the
impact of macroeconomic policies.
Contributions could also address issues related to the Neo Ricardian
and Marxian approaches. The meeting will take place in Paris on
March 6, 2010. The deadline for submitting abstracts in English or
French is September 30, 2009. Abstracts should be about 100-200
words in length and
sent by email to :
Michaël Assous
Université de Paris 1 (PHARE)
106 - 112 boulevard de L'Hôpital
75647 Paris cedex 13
michael.assous@univ-paris1.fr
Local Organizers:
Michaël Assous, PHARE, Université de Paris 1, France.
Carlo Benetti, ECONOMIX, Université de Paris X, France.
Alain Béraud, THEMA, Université de Cergy-Pontoise, France.
Jérôme de Boyer, PHARE, Université de Paris IX, France.
Antoine Rebeyrol, ECONOMIX, Université de Paris X, France.
Goulven Rubin, LED, Université de Paris VIII, France
Scientific Committee:
Bruno Amable, CES-Matisse, Université de Paris 1, France.
Richard Arena, GREDEG, Université de Nice, France.
Michaël Assous, PHARE, Université de Paris 1, France.
Carlo Benetti, ECONOMIX, Université de Paris X, France.
Alain Béraud, THEMA, Université de Cergy-Pontoise, France.
Muriel Dal-Pont Legrand, GREDEG, Université de Nice, France.
Rodolphe Dos Santos Ferreira, BETA, Université de Strasbourg,
France.
Amitava Dutt, University of Notre Dame, USA.
Alain Raybaut, GREDEG, Université de Nice, France.
Antoine Rebeyrol, ECONOMIX, Université de Paris X, France.
Goulven Rubin, LED, Université de Paris VIII, France
International Colloquium at Pierre
Mandes- France University
Monetary analysis
About Marchands, salariat et capitalistes
Pierre Mendès-France University / Grenoble II, France
April 15th-16th 2010
Introduction
In Marchands, salariat et capitalistes (1980), Carlo Benetti and
Jean Cartelier propose a monetary analysis of market economies,
namely, an analysis wherein money is an integral part of the
economic process. As unit of account, money allows economic
magnitudes to be expressed. As means of payment (expressed in terms
of a unit of account), money allows the transactions involved by
such magnitudes to be executed. Unit of account and means of payment
are no longer some “functions” added as an afterthought, but the
basic properties of any market economy. Such monetary analysis
stands in sharp contrast with the usual approach in economics,
wherein goods, rather than money, are seen as the point to start any
economic analysis. This is the result of an (often implicit)
assumption, namely, the nomenclature. Nonetheless, monetary analysis
is shared by only a minority of economists, so that it remains too
much unexplored. At the same time, the specific contribution of
Marchands, salariat et capitalistes to monetary analysis has not yet
been discussed thoroughly, thirty years after its publication. This
colloquium aims at examining monetary analysis in general, while
being interested in Marchands, salariat et capitalistes in
particular. Papers might address the following topics:
_ The nature and role of money, the opposition between the “real”
and “monetary” spheres.
_ Credit, finance, the banking system and the financial markets.
_ Dependence and the wage relationship.
_ Value, pricing and distribution within a monetary economy.
_ Equilibrium, disequilibrium, circulation, crisis and viability.
_ The philosophical implications of monetary analysis.
Organization
The colloquium will take place at Pierre Mendès-France University /
Grenoble II (France), on April 15th-16th 2010. 20 minute-length
papers will be followed by a 10 minute-length comment, then by a
discussion. A round-table with Carlo Benetti and Jean Cartelier,
attending the colloquium, is also planned. Conference language is
French. Interventions in English and Spanish are also allowed.
Publication
Selected papers will be published within an economic review.
Please send an abstract (500 words) to:
remi.stellian@fernuni.ch
DEADLINE FOR PAPER PROPOSALS: OCTOBER 15th 2009
What is the Common?
An International Conference
http://www.kurrents.org/conf/index.html
10-11 October 2009
University of Gothenburg
Sweden
Submission deadline: September 5
Contact: info@kurrents.org
Keynotes
David HarveyYitzhak LaorJacques RancièreAntonio Negri
The list of keynotes may be subject to changes
New Sessions
• The Iranian Revolution 30 Years Later
• Constructing the Common in Contemporary China
• Conflictual Democracy and Institutional Production of Space
In the shadow of the global crisis of capitalism, the common,
somehow obliterated in the recent past, has emerged as an
indispensable and central notion. The conference addresses this
notion both as a real movement and as an already present horizon, a
dynamic principle, for societal life. It is a critical topic today,
not only because the public, administrated by the state, is reduced
to expendable assets for regulating a supposedly self-regulating
machine called Market, but more importantly because the emerging
forms of the common impose themselves with an unprecedented acuity
and in opposition to the doxa of the private property.
The common refers not only to primary resources, such as water or
ecological conditions on a planetary level, but it is at the same
time a political force that traverses diverse fields of tension such
as art and culture, law and gender relations. The question "What is
the Common?" is addressed as a real agenda that conditions the
thought. The conference is a program that extends over 4 years. Each
year will treat two themes. The conference 2009 will welcome papers
related to the following two axes:
1. The Common and the Economy
Which are the specific emerging forms of the common today and what
defines its relation to the material conditions of production of
values in contemporary capitalism? Under this axis, both theoretical
discussions and case-specific investigations in areas such as
autonomous popular organisations, regional movements or global
changes in one specific economic sector are welcome.
2. The Philosophical Understanding of what the Common Is
The common has since Plato's Republic been a central question for
the philosophical thinking. What is the relation or non-relation
between the common and the totality of social relations? In which
form and based upon what ontological or existential categories does
it emerge? What is the difference between the common as the name of
a real movement and the nostalgies of the return to a simple life?
Submission Guidelines
We are welcoming papers from all disciplines regardless academic
affiliation or other background. All Interested researchers are
required to submit an abstract of no more than 500 words, not later
than September 15. Submissions via email must be in MS Word, RTF, or
PDF format. Presentations will be given in English. Presenters will
each be given 30 minutes for their presentation, followed by a 15
minutes discussion with the floor. Each session will be appointed a
chair. Please specify if you are interested to chair a session.
Number of sessions are limited to 8. If accepted, you will be
required to provide a complete version of your 10-15 page
double-spaced paper by January 1, 2010. Your abstract should not
include your name, but do include the following on a separate page:
Name, paper title, affiliation (university, other), email address.
Submissions should be sent either by electronic mail to:
info@kurrents.org or as
a paper copy to: Sylva Frisk, School of Global Studies, University
of Gothenburg, Box 700, SE-405 30 Goteborg, Sweden.
About the Organization
The conference is organized upon an original proposal by Dr Dariush
Moaven Doust. He is also responsible for the organization of the
conference and the head of the Scientific committee in which Tomas
Jonsson, researcher at CEFOS, Professor emeritus Sven-Eric Liedman,
History of Ideas, Professor Lennart Nilsson, CEFOS, Professor
emeritus Jan Ling, Sylva Frisk, Director of Studies at the School of
Global Studies participate. The host for the conference is the
School of Global Studies, Faculty of Social Sciences.
The International Journal of
Management Concepts and Philosophy
Call for critical papers on business and management
The International Journal of Management Concepts and Philosophy is a
peer reviewed journal looking at business and related issues that
over the last couple of years under my de facto editorship has tried
to provide a home for more radical pieces from academics working in
an otherwise hostile environment in business and related areas. We
are increasing our number of issues and welcome more papers from
critical scholars which engage with some of the establishment
pieties that appear in business and management. We are open to both
theoretical pieces and the use of empirical case studies to
deconstruct and attack bigger concepts. Past contributors have
included Jane Hardy looking at how the rhetoric of knowledge
transfer can be a mask for exploitation of companies that are taken
over; Ben Selwyn critiquing supply chain literature for ignoring
social relations and showing how bottlenecks in the supply chain can
aid effective workers action; Chris Yuill detailing some of the
debate about health and work and alienation; Gareth Dale and others
taking apart the talk of green shift in business; Rachel Aldred
attacking the misuse of qualitative research methods to support
state policy and so on.
We have also rescued some papers that have been circulating in
samizidat including Hugo Radice's paper on how the higher education
system in the UK has come to mirror elements of the old USSR. We
have recently published an excellent piece by Colin Barker on
'Industrialism, capitalism, force and states: some theoretical and
historical issues', carved out of one his many unpublished papers
and available from me on request.
Anyone on the HM list who might wish to submit a piece is invited to
e-mail me and I will get back with an idea of whether it might be
suitable. The journal website is
http://www.inderscience.com/browse/index.php?journalID=90&year=2007&vol=2&issue=3
Ignore the outdated editorial discussion and be guided by the last
issues of volume 2 and volume 3 in terms of the approach we now
encourage.
Mike Haynes
M.J.Haynes2@wlv.ac.uk
Rosa Luxemburg Foundation
Call for contributions
CONFERENCE on
The Global Crisis and Africa: Struggles for Alternatives
A conference organised by the Rosa Luxemburg Foundation in
cooperation with its partners in Africa to be held in Johannesburg,
South Africa from 19-21 November 2009
While the current world economic crisis in its complexity is
unprecedented, crises are inherent to capitalism and more often than
not the South has borne the brunt of these crises. For the first
time in history however a crisis in the financial markets and its
repercussions in the real economy have
coincided and mingled with a socioecological crisis which stand to
seriously affect the basic living conditions of mankind. Emerging
from the financial crisis in the US, it has been raging through the
G8 countries and is now extending its impact to all corners of the
world, including Africa.
Much can and will be said about the negative effects of the crisis
on Africa; however the conference will approach it from the angle of
the search and struggle for alternatives.
What different alternative responses have been or are being
developed; for example an Ecological Solidarity Economy, Economy of
the Commons,
Ecological Socialism, Marxist instead of Keynesian concepts, a
different global financial system? What struggles are being fought
already and how can we better link these struggles in pursuit of
such alternatives?
The conference will be structured along these lines:
1. Which basic tenets have to be changed?
2. Spaces of alternatives & sites of struggle
3. Linking struggles
The conference aims at linking the local, national and global quest
for alternatives by social movements, NGOs,trade unions, political
parties both in North and South and other global actors.
While we want to offer enough space for different issues and
interests of the respective participants the focusduring the
conference itself will be on crucial, overarching problems with the
ultimate aim of developing common strategic perspectives for the
left in both South and North.
The conference will bring together contributions from union, socials
movement and NGO activists as well as academics. Participants are
therefore kindly invited to send in contributions on any of
following themes.
• the impact of the present crisis (e.g. in the areas of food
production and food prices, energy, climate, trade/production, debt
and development aid)
• responses by various stakeholders in both North and South
• overall utopian views like an economy of the commons, climate
justice, food security, de-globalisation;
• critical analysis of reactions to the crisis like the G-20, the UN
Stiglitz Commission, the EU EPA negotiations, the New Green Deal,
the new role of the BRIC states.
Contributions might be traditional academic papers, but any other
forms (statements, petitions, video, audio etc.) are more than
welcome. Registered participants will be informed about the detailed
programme in due course.
Registration and offering of contributions are requested before 25th
October 2009.
For more information please contact the office of the Rosa Luxemburg
Foundation in Johannesburg, South
Africa by e-mail:
esther@rosalux.co.za or
jos@rosalux.co.za or at the
Berlin Office:
hopfmann@rosalux.de.
“The Impact of the
Global Financial Crisis on Economic Reform Processes in Africa”
Call for papers for an international workshop at Bremen University
of Applied Sciences,
Faculty of Business and Economics, Bremen (Germany)
“The Impact of the Global Financial Crisis on Economic Reform
Processes in Africa”
Date and Venue: January 28 – 29. 2010, House of Science, Bremen,
Germany
The impact of the Global Financial Crisis (GFC) on the African
economies is not only a concern to researchers in development
economics but also to the policy makers in the region who have been
engaged in economic reforms.
The workshop will provide a forum for leading scholars, experts, and
policy makers to present papers on the impact of the global
financial crisis on the socio-economic environment in sub-Saharan
countries and contribute to the development of coping strategies. Of
particular concern are the different consequences of the global
financial crisis on countries with varying approaches to economic
reforms.
The workshop will be organized around a number of themes on the
following broad issues:
(1) Is Africa at another political and economic crossroads? What are
the opportunities and dangers of policy reversals in the face of the
GFC?
(2) What has been the impact of different kinds of governance on
financial stability? Which macro-economic policies can be used to
overcome the crisis in Africa?
(3) What has been the impact of the GFC on Africa's external
economic relations in different types of African economies with
regard to their opening up to the world markets (esp. export
performance, capital imports, and migration)?
(4) How have economic reform processes affected social cohesion and
what are the respective social consequences of the GFC, especially
regarding poverty alleviation and the MDGs?
(5) Which has been the role of International Financial Institutions
during and after the crisis? What are the repercussions of an
aggravating financial, economic, and social crisis in Africa on the
world economy?
The workshop welcomes papers based on theory, applied research and
case studies from all fields of economics and social sciences.
To submit a topic, please send an abstract of up to 300 words and a
bio note of up to 100 words by October, 18th 2009 to the organizers.
We will inform you immediately as to whether the proposed topic
corresponds with the general framework of the workshop and in this
case would ask you to send a full paper of around 15 to 20 pages by
January 15, 2010. Presentation is scheduled for 15 to 20 minutes. No
participation costs for accepted presenters.
*All accepted and presented papers will be published in the African
Development
Perspectives Yearbook.
Organizers: E-Mail address
Dr. Joy Alemazung
Joy.Alemazung@hs-bremen.de
Prof. Dr. Hans H. Bass
bass@fbn.hs-bremen.de
Dr. Tobias Knedlik
Tobias.Knedlik@Iwh-halle.de
Dr. Osmund Uzor uzor@uni-bremen.de (co-ordinator)
Top
Conferences, Seminars
and Lectures
The World Economy in Crisis - The
Return of Keynesianism?
Berlin, 30-31 October 2009.
Please find attached a
registration form as well as a first
preliminary programme for the 13th Conference of the Research
Network Macroeconomics and Macroeconomic Policies (FMM) on "The
World Economy in Crisis - The Return of Keynesianism?", Berlin,
30-31 October 2009.
If you would like to participate in the conference, please return
the completed registration form to Christiane Borsch
(christiane-borsch@boeckler.de ) by 12 October. Alternatively,
you can also register online:
http://www.boeckler.de/36370_94949.html The deadline for
reservation of a hotel room in the conference hotel is 21 September.
Please do register formally, even in case you have already confirmed
your attendance by email.
Note that travelling and hotel costs cannot be covered, but there
are no conference fees and lunch and dinner are free.
We are looking forward to seeing you all in Berlin!
The Second Latin American Advanced
Programme on Rethinking Macro and Development Economics
Hosted by São Paulo School of Economics FGV/SP
with support from FAPESP and Ordem dos Economistas do Brasil
11 January – 15 January, 2010
Fundação Getúlio Vargas, São Paulo, Brazil
The programme is mainly intended for young academics. This year’s
lecturers whose participation are confirmed are, Gabriel Palma
(Cambridge University), Ha-Joon Chang (Cambridge University), Jomo,
K.S. (Assistant-Secretary General, UN), Jose Antonio Ocampo
(Columbia University), Jan Kregel (Univ. of Missouri, Kansas City),
Yoshiaki Nakano (São Paulo School of Economics) and Luiz Carlos
Bresser-Pereira (São Paulo School of Economics). Applications,
including a CV, transcripts, and a letter of recommendation, should
be sent, with a covering letter, to Dr. Luiz Carlos Bresser-
Pereira, Course Director, LAPORDE, São Paulo School of Economics,
Rua Itapeva n. 474, 13andar, 01332-000, São Paulo, SP, Brazil. All
documents, with the exception of the recommendation, should arrive
in Sao Paulo by 10th November, 2009.
Candidates will be notified of the results by the beginning of
December. Please note that we are not able to accept any faxed or
electronic documents, with the possible exception of the letter of
recommendation. For the details, please refer to the pages sent out
with this poster. Please contact Paulo Gala (
paulo.gala@fgv.br )
through email for further inquiries.
History of Economics Society sessions
program at ASSA 2010
Jan. 3, 10:15 am, Atlanta Marriott Marquis, M105 HES The Integration
of Micro and Macroeconomics From a Historical Perspective (B2)
Presiding: JOHN DAVIS, Marquette University PEDRO GARCIA DUARTE,
Universidade de Sao Paulo - Not Going Away:
Representative-agent Model and Microfoundations in Recent
Macroeconomics D. WADE HANDS, University of Pudget Sound - The Rise
and Fall of Walrasian Economics: the Keynes Effect KEVIN D. HOOVER,
Duke University - Microfoundational Programs PHILIP E. MIROWSKI,
Notre Dame University - How Cowles Neutered Keynes and Laid the
Groundwork for Neoclassical Macroeconomics
Discussant: PERRY MEHRLING, Barnard College
Jan. 3, 12:30 pm, Atlanta Marriott Marquis, M105 AEA/HES Complexity
in the History of Economic Thought (B2)
Presiding: MAURO BOIANOVSKY, Universidade de Brasilia J. BARKLEY
ROSSER JR., James Madison University - Chaos Theory Before Lorenz
JOHN B. DAVIS, Marquette University - The Emergence of Agent-based
Modeling in Economics PHILIP E. MIROWSKI, Notre Dame University -
Complexity as Excuse versus Complexity as Inspiration DAVID
COLANDER, Middlebury College, CASEY ROTHSCHILD , Massachusetts
Institute of Technology - The Sins of the Sons of Samuelson
Discussants: WADE HANDS, University of Pudget Sound ELIAS KHALIL,
University of Richmond JUDY KLEIN, Mary Baldwin College MICHAEL
MAKOWSKY, Towson University
Jan. 4, 10:15 am, Atlanta Marriott Marquis, M107 HES 100 years of
Walras's Death (B3)
Presiding: WADE HANDS, University of Pudget Sound MICHEL DE VROEY,
Universita Catholique de Louvain - Marshall and
Walras: Incompatible Bedfellows?
FRANCO DONZELLI, Universita degli Studi di Milano - Edgeworth versus
Walras on Equilibrium and Disequilibrium ALAN KIRMAN, Groupement de
Recherche en Economie Quantitative d'Aix-Marseille - Walrasian
Theory: The Starting Point for a Journey Down the Wrong Road?
PASCAL BRIDEL, Universita de Lausanne - The Normative Origins of
General Equilibrium Analysis
Discussants: JEAN PIERRE POTIER, Universita Lumiere Lyon 2 DAVID
COLANDER, Middlebury College CASEY ROTHSCHILD, Massachusetts
Institute of Technology
Jan. 4, 2:30 pm, Atlanta Marriott Marquis, M107 HES Financial Crises
and the History of Economic Thought (B1)
Presiding: SANDRA PEART, University of Richmond PERRY MEHRLING,
Barnard College - New Lombard Street THOMAS HUMPHREY, Federal
Reserve Bank-Richmond - The Lender of Last Resort in the History of
Economic Thought SANDRA PEART, University of Richmond, DAVID LEVY,
George Mason University - Economists, Cartoons and Crises
Discussants: KEVIN D. HOOVER, Duke University BENJAMIN FRIEDMAN,
Harvard University
L'ADEK
Vous trouverez ci joint le programme du colloque international de
Paris Nord sur la modélisation post keynésienne.
Il aura lieu les 20 et 21 novembre 2009 et est organisé notamment
par les membres de l'ADEK de Paris Nord.
The recent developments in
Post-Keynesian modeling
Dear colleagues and friends,
The task group “Post-Keynesian analyses and modeling” of the Centre
d'Economie de Paris Nord is happy to announce its first conference
on “The recent developments in Post-Keynesian modeling.” It will
take place on November 20th and 21st 2009 in Paris.
The attendance is fully free, and we would be happy to see you at
this conference. However, because of space constraints, the number
of persons who can attend the symposium will be limited. Therefore,
if you would like to come to this conference, please try to register
as soon as possible.
Further information about the programme of the conference and how to
register is
attached.
L’analyse monétaire de l’économie
Autour de Marchands, salariat et capitalistes
Université Pierre Mendès-France / Grenoble II, France
15-16 avril 2010
Recovery towards what? Finance,
justice, sustainability
Friday, November 6
9:00 - 19:30
Congress Centre, London
www.brettonwoodsproject.org/confnov6
An exciting and timely one-day conference on 6 November in London
exploring the policy issues related to global finance and its role
in both developed and developing countries. It brings together
experts, researchers, practitioners and civil society to discuss how
to reshape finance so that it contributes to a just and sustainable
economy. To stimulate a genuine debate, it has not only plenary
sessions but also two breakout sessions to facilitate small group
discussions.
Register now:
Places are limited so registration is advised. To register to attend
please visit
www.brettonwoodsproject.org/registerconfnov6
The event is co-sponsored by ActionAid, The Bretton Woods Project,
Friends of the Earth, new economics foundation, Research on Money
and Finance, and the Trade Union Congress. This event is being
organised with the financial assistance of the Ford Foundation and
the European Union. The event is the sole responsibility of the
organisers and can under no circumstances be regarded as reflecting
the position of the funders.
Put People First G20 Counter
Conference
Saturday, November 7
10:00 - 17:30
Central Hall Westminster, London
www.putpeoplefirst.org.uk/counterconference
Making the links between the economy, decent work, the environment
and the global fight against poverty.
Setting an agenda for the future
The Put People First G20 Counter Conference is one of two
alternative G20 conferences being held simultaneously in London and
St Andrews on November 7th to coincide with the G20 finance
ministers meeting on 7th-8th November.
Over three plenary sessions we invite activists, campaigners,
unions, thinkers, policy makers and the interested public to debate
alternative policies to promote jobs, justice and a safe climate.
Smaller breakout sessions will give you the opportunity to take part
in more focused debates on the linkages between the economy,
environment and international development and in addition, discuss
how we can mobilise and turn our ideas into action.
Register now
Places are limited so registration is advised. To register to attend
please visit
http://www.putpeoplefirst.org.uk/counterconference
Europe in Crisis: A Critique of the
EU’s Failure to Respond
CALL FOR PARTICIPANTS: EUROMEMORANDUM
15th Annual Workshop
European Economists for Alternative Economic Policies in Europe (EuroMemorandum
Group)
25 – 27 September 2009
With the Institute for International Political Economy
Berlin School of Economics & Law, 50-51 Badensche Strasse, 10825
Berlin
Friday, 25 September
3.00 – 3.30 Arrival & Registration
3.30 – 5.30 Plenary: The State of the Union
Chair: Marica Frangakis, Athens
The Political Situation (John Palmer, London)
The Economic Situation (Trevor Evans, Berlin)
5.30 – 6.00 Coffee Break
6.00 – 7.00 The Ecological Situation (Frieder Otto Wolf, Berlin)
7.30 Dinner
Saturday, 26 September
9.30 – 1.00 Workshops
Macroeconomics, finance and the crisis
Coordinator: Trevor Evans (Berlin)
The crisis and its social impact
Coordinators: Diana Wehlau (Bremen) & Mahmood Messkoub (The Hague)
The EU and the crisis in the regions
Coordinator: Miren Etxezarreta (Barcelona)
Capitalism, ecology and restructuring
Coordinator: Frieder Otto Wolf (Berlin)
1.00 – 2.00 Lunch 2.00 – 4.00 Special Plenary: Gender & Alternative
Economic Policies
Chair: Anne Karrass (Berlin)
Friedericke Maier (Berlin), Gender & Economic Policy
Margareta Kreimer (Graz), Flexicurity and gender
Marcella Corsi (Rome), Women and Microcredit
4.00 – 4.30 Coffee break
4.30 – 6.30 Plenary: A progressive response to the crisis
Chair: Trevor Evans (Berlin)
Input from workshops
Sunday, 27 September
9.30 – 12.00 Business Meeting
Papers and other details will be posted as they become available on
www.ipe-berlin.org
If you would like to participate in the workshop, please send an
Email to Jacqueline Runje (
Jacqueline.Runje@uni-dortmund.de ).
Post-keynesian
Analyses and Modelling
Dear colleagues and friends,
The task group "Post-keynesian analyses and modelling" is very
pleased to announce the next post-keynesian seminars that will take
place in 2009-2010 at the CEPN in Paris 13.
- Friday, October 9th : Laurent Cordonnier (U. of Lille I, France).
- November : Mark Setterfield (Trinity College, USA) : between Nov.
17th and Nov. 19th.
- Friday, January 22nd: Till Van Treek (IMK, Berlin) and Thomas
Dallery (U. of Lille I, France).
- Friday, March 26th : Mark Hayes (Cambridge University, UK).
- April: Gennaro Zezza : one Friday in April; precise date to be
determined later.
- Friday, May 27th: Srinivas Raghavendra (National U. of Ireland,
Galway).
Attendance to all these seminars is free, and you would be very
welcome. Further information on the CEPN's website:
http://www.univ-paris13.fr/CEPN/
The 4th Bi-Annual
Cross-Border Post Keynesian Conference
-
CFP2
-
PROGRAM
-
REGISTRATION
Call for Participants
The 4th Bi-Annual Cross-Border Post Keynesian Conference will be
held at Buffalo State College on October 9-10, 2009. We have
organized a keynote session and 14 sessions around the general theme
of “Financial Crisis and Reform.” (see the
program). Post Keynesian/Heterodox scholars and experts from
various institutions and countries will present fresh and realistic
insights on the ongoing global financial crisis.
We cordially invite scholars, policy makers, students,
practitioners, the public who are concerned about current economic
situations and future prospects.
Conference Venue:
Burchfield Penny
Art Center
Buffalo State College
1300 Elmwood Avenue
Buffalo, NY 14222
Directions to BPAC and
floor plan.
Accommodation:
Adam’s Mark Hotel
120 Church Street
Buffalo, NY 14202
Hotel reservation must be made by September 17, 2009 to receive the
discounted rate at $115 per night. Make a reservation on-line
here. Or you can call the Hotel to make reservations at (716)
845-5100 (please mention that you are attending “Buffalo State
College, Post Keynesian Conference”)
Center for the
History of Political Economy Workshop
Below is the Center for the History of Political Economy Workshop
Schedule for Fall 2009.
Workshops are held on select Fridays in Room 327 of the Social
Sciences Building, Duke University, and begin at 3:30 p.m. The
schedule so far is as follows:
September 4 ¬ Avner Offer, All Souls College, University of Oxford ¬
“The Economy of Obligation ¬ Contract Ambiguity and the Welfare
State” (This workshop is co-sponsored by the Duke Economic History
group.)
September 18 ¬ Kevin Hoover, Duke University ¬ “Microfoundational
Programs”
October 9 ¬ D. Wade Hands, University of Puget Sound ¬ “The Rise and
Fall of Walrasian Economics: The Keynes Effect”
October 16 ¬ Béatrice Cherrier ¬ Ecole normale supérieure de Cachan
¬ “Building Economists’
Identity: The ‘Economics and the Behavioral Science’ Survey of the
Ford Foundation, 1952”
November 6 ¬ E. Roy Weintraub ¬ Duke University ¬ “Lionel McKenzie
Redux”
November 20 ¬ Jeremy Shearmur ¬ Australian National University ¬
“Further Thoughts on Hayek’s Abuse of Reason Project”
December 4 - Maria Pia Paganelli ¬ Yeshiva University ¬ “The Same
Face of the Two Smiths: Adam Smith and Vernon Smith”
Top
Job Postings for
Heterodox Economists
Gettysburg College
Economics (Macroeconomics and Monetary Economics) Tenure-Track
Gettysburg College Location: Gettysburg, PA
Faculty - Liberal Arts - Economics
Posted: 09/03/2009
Application Due: 12/01/2009
Type: Full Time
The Department of Economics announces a search for a tenure-track
position at the assistant professor rank, effective August, 2010.
Applicants must have research and teaching interests in
macroeconomics. We are especially interested in candidates who can
also contribute to the department's depth in Political Economy,
International Economics, or Development Economics. Candidates should
hold a Ph.D. in Economics by the time of appointment and demonstrate
potential for strong teaching and significant accomplishments in
research. To support faculty in their research endeavors, Gettysburg
College offers a five-course teaching load per year, a pre-tenure
sabbatical program, generous travel allowances, and financial
support through competitive grants.
Gettysburg College is a highly selective liberal arts college
located within 90 minutes of the Baltimore/Washington metropolitan
area. Established in 1832, the College has a rich history and is
situated on a 220-acre campus with an enrollment of over 2,600
students. Gettysburg College celebrates diversity and welcomes
applications from members of any group that has been historically
underrepresented in the American academy. The College assures equal
employment opportunity and prohibits discrimination on the basis of
race, color, national origin, gender, religion, sexual orientation,
age, and disability.
Priority will be given to applications received by December 1, 2009.
Send a letter of application, curriculum vitae, a sample of current
research, and three reference letters (at least one addressing
teaching ability) to: Tenure Track Search Committee, Economics
Department, Box 391, Gettysburg College, Gettysburg, PA 17325.
Electronic submissions are encouraged and may be sent to Sue Holz at
sholz@gettysburg.edu. Include Tenure Track Search in subject line.
Application Information
Postal Address: Tenure Track Search Committee
Economics Department
Gettysburg College
300 North Washington Street
Box 391
Gettysburg, PA 17325
Phone: (717) 337-6670
Fax: (717) 337-6638
TDD: (717) 337-6833
Email Address:
sholz@gettysburg.edu
The University of Sydney
Lecturer in Political Economy – Academic Level B (3-Year Fixed Term)
School of Social and Political Sciences
Faculty of Arts
The University of Sydney, Australia
Reference No. 469/0809
- Join the fast expanding School of Social & Political Sciences
- Australia’s top rated Faculty in the arts and humanities
- A competitive academic salary is available
The University of Sydney is Australia's premier University with an
outstanding global reputation for academic and research excellence,
and employs over 6,800 permanent staff supporting over 46,000
students.
The University of Sydney’s Faculty of Arts has a proud history and
tradition of intellectual rigour. It offers one of the most
comprehensive and diverse range of humanities and social science
studies in the Asia Pacific region, and a vibrant research and
teaching environment. It is regularly ranked in the top 20 Arts
faculties in the world.
The School of Social and Political Sciences (SSPS), composed of the
departments of Anthropology, Government and International Relations,
Political Economy, Sociology and Social Policy, and Peace and
Conflict Studies, offers innovative degrees at undergraduate and
postgraduate level that attract the very best students from
Australia and overseas.
SSPS is the focus for the strategic development of the social
sciences at Sydney with a view to our becoming Australia’s leading
centre for research and teaching in the area. The current
recruitment round represents a further major investment in the
School after the addition of twelve academic positions last year,
including three full professors.
Applications are invited for a full-time fixed-term position for a
Lecturer in Political Economy to commence in 2010 within the School
of Social and Political Sciences in the Faculty of Arts.
The Department of Political Economy at the University of Sydney is
concerned with a critical perspective on economic theories, engaging
Marxian, classical and neoclassical, Keynesian and post-Keynesian,
institutional and feminist economic theories. The Department is also
concerned with analysis of the social foundations of economic
activity, globalisation, economic development, class, gender and
economic policy. Interdisciplinary links to other social sciences
are actively sought.
Candidates should have a PhD or equivalent in political economy,
economics or closely related field and the potential to publish in
leading international and national journals. Preference will be
given to those with an established track record of high quality
research publications. Evidence of teaching ability and experience
is also important, including potential to supervise honours and
higher degree research students and contribute to curriculum
development. Applications are particularly sought from people with
expertise in economic theory, international political economy and
development.
This position is a full- time fixed term appointment of 3-years,
subject to the completion of a satisfactory probation period for new
appointees. Membership of a University approved superannuation
scheme is a condition of employment for new appointees.
Remuneration package: a competitive remuneration package is
available consisting of a Level B salary range (A$76,250 -
A$90,546); plus leave loading and up to 17% employer’s contribution
to superannuation.
All applications must be submitted online. To be considered
applicants must respond to selection criteria; to do so complete
your responses on the online application form. Please note that
resumes need to include contact details of 3 referees.
General enquiries can be directed to Ben Whitfield on (+61 2) 9351
3682. For further information about the position, contact Dr Stuart
Rosewarne, Chair, Department of Political Economy, on (+61 2) 9351
2492, e-mail:
stuart.rosewarne@usyd.edu.au
Closing Date: 23 September 2009
For more information and to apply, please visit
www.theonlyplacetobe.com.au
The University is an Equal Opportunity employer committed to equity,
diversity and social inclusion. Applications from equity target
groups and women are encouraged.
Appointment is on merit; as women are under-represented at this
employment level suitably qualified women are encouraged to apply.
Top
Heterodox Conference Papers and Reports and Articles
Confronting the Gloves-Off Economy:
America’s Broken Labor Standards and How to Fix Them
Edited by
Annette Bernhardt
Heather Boushey
Laura Dresser
Chris Tilly
With assistance from Scott Martelle
Published by
UCLA Institute for Research on Labor and Employment
Center for Economic Policy Research
Center on Wisconsin Strategy
National Employment Law Project
Across the United States, growing numbers of employers are breaking,
bending, or evading long-established laws and standards designed to
protect workers, from the minimum wage to job safety rules to the
right to organize. This “gloves-off economy,” no longer confined to
a marginal set of sweatshops and fly-by-night small businesses, is
sending shock waves into every corner of the low-wage – and
sometimes not so low-wage – labor market. What can be done to
reverse this dangerous trend?
This report, based on the book The Gloves-Off Economy: Labor
Standards at the Bottom of America’s Labor Market (a Labor and
Employment Relations Association volume published by Cornell
University Press), provides a comprehensive yet compact summary of
gloves-off practices, the workers who are affected by them, and
strategies for enforcing workplace standards. The editors, four
prominent labor scholars, have brought together economists,
sociologists, labor attorneys, union strategists, and other experts
to offer varying perspectives on both the problem and the creative,
practical solutions currently being developed in a wide range of
communities and industries. Bernhardt, Boushey, Dresser, and Tilly
and the volume’s 18 other authors combine rigorous analysis with a
stirring call to renew worker protections.
The report can be downloaded at
http://irle.ucla.edu/publications/Gloves-off.html
(To purchase a bound hard copy for $10, please contact Joanna
Lukowicz,
jlukowicz@irle.ucla.edu. )
Agri-Business for Development’: Who
Really Gains?
The Centre for Development Policy and Research is pleased to
announce the publication of Development Viewpoint #36, "‘Agri-Business
for Development’: Who Really Gains?—Perspectives from the
Journal of
Agrarian Change”. The authors, Hannah Bargawi, CDPR, and Carlos Oya,
Department of Development Studies, SOAS, draw on articles in the
special April 2009 issue of the Journal of Agrarian Change to
provide a summary critique of the World Bank’s World Development
Report 2008: Agriculture for Development. The Viewpoint criticizes
the World Bank’s efforts to more closely integrate smallholder
producers in developing countries with global agribusiness and
debunks, within this context, the feasibility of the Bank’s
supposedly progressive support for more public investment in
agriculture and greater producer organisation.
Click
here to download.
The Experience of Working Class
Students at a Research I University
"The Experience of Working Class Students at a Research I
University," by Veronica Gonzalez, a recent intern at the Center for
Study of Working Class Life. Gonzalez compares the academic
experiences of students from working class families with those from
middle class families who entered the State University of New York
at Stony Brook between 2001 and 2003.
http://www.stonybrook.edu/workingclass/publications/VGonzalez09.pdf
Top
Heterodox Journals and
Newsletters
Historical Materialism 17/1
Research in Critical Marxist Theory
Volume 17 Issue 1
2009
www.brill.nl/hima
CONTENTS
Articles
Marcus E. Green and Peter Ives
Subalternity and Language: Overcoming the Fragmentation of Common
Sense
Henry Heller
The Longue Durée of the French Bourgeoisie
Michael Löwy
Capitalism as Religion: Walter Benjamin and Max Weber
Daniel Cho
Adorno on Education, or, Can Critical Self-Reflection Prevent the
Next Auschwitz?
Reflections on ‘Gewalt’
Étienne Balibar
Violence
Massimilano Tomba
Another Type of Gewalt: Beyond Law. Re-Reading Benjamin
Interventions
Guglielmo Carchedi
The Fallacies of ‘New Dialectics’ and Value-Form Theory
Christopher J. Arthur
Contradiction and Abstraction: A Reply to Finelli
Review Articles
Benjamin Noys
on Ian Parker’s Revolution in Psychology: Alienation to Emancipation
and Yannis Stavrakakis’s The Lacanian Left: Psychoanalysis, Theory,
and Politics
Marcel Bois
on Christian Gotthardt’s Die radikale Linke als Massenbewegung.
Kommunisten in Harburg-Wilhelmsburg 1918–1933
Tyson E. Lewis
on Peter McLaren’s Capitalists and Conquerors and McLaren and Ramin
Farahmandpur’s Teaching Against Global Capitalism and the New
Imperialism
Historical Materialism 17/2
Research in Critical Marxist Theory
Volume 17 Issue 2
2009
www.brill.nl/hima
CONTENTS
Isaac and Tamara Deutscher Memorial Prize Lecture Rick Kuhn Economic
Crisis, Henryk Grossman and the Responsibility of Socialists
Articles
David McNally
From Financial Crisis to World Slump: Accumulation, Financialisation,
and the Global Slowdown
Steve Edwards
Apocalyptic Sublime: On the Third Brighton Photo Biennal
Symposium on the Global Financial Crisis Samantha Ashman Editorial
Introduction
Costas Lapavitsas
Financialised Capitalism: Crisis and Financial Expropriation
Gary A. Dymski
Racial Exclusion and the Political Economy of the Subprime Crisis
Paulo L. Dos Santos
On The Content of Banking in Contemporary Capitalism
Reflections on ‘Gewalt’ (contd.)
Luca Basso
The Ambivalence of Gewalt in Marx and Engels: On the Interpretation
of Balibar
Review Articles
Ian Hudson & Mark Hudson
on Gavin Fridell’s Fair Trade Coffee: The Prospects and Pitfalls of
Market Driven Social Justice, Daniel Jaffee’s Brewing Justice: Fair
Trade Coffee, Sustainability, and Survival, and Laura Raynolds’,
Douglas Murray’s & John Wilkinson’s Fair Trade: Th e Challenges of
Transforming Globalization
Richard Westra
on Pierre Bourdieu’s Firing Back: Against the Tyranny of the Market
2, Global Turbulence: Social Activists’ and State Responses to
Globalization, edited by Marjorie Griffin Cohen and Stephen McBride,
John Rapley’s Globalization and Inequality:
Neoliberalism’s Downward Spiral and Anti-Capitalism: A Marxist
Introduction, edited by Alfredo Saad-Filho
Michele Filippini
on Alberto Burgio’s Gramsci storico
Richard Seymour
on Markku Ruotsila’s John Spargo and American Socialism
Robert Knox
On Alain Supiot’s Homo Juridicus
Historical-Critical Dictionary of Marxism Stefan Bollinger & Juha
Koivisto Hegemonic Apparatus
History of Economics Review
No. 49, Winter 2009
Articles
Robert Torrens’ Theory of Profit Reconsidered Taro Hisamatsu
The Transition from Keynesian to Monetarist Economics in Australia:
Joan Robinson’s 1975 Visit to Australia
Alex Millmow
Pigou on the Minimum Wage: An Institutional Inquiry into the Labour
Market Norikazu Takami
Adam Smith’s Macrodynamic Conception of the Natural Wage A. M. C.
Waterman
Communications and Notes from the Archives Keynes’ Collected
Writings, A Correction Richard J. Kent
‘Il est encore plus important de bien faire que de bien dire’.
A Translation and Analysis of Dupont de Nemours’ 1788 Letter to Adam
Smith Robert Prasch and Thierry Warin
Review Article
The Ups and Downs of Henry George
John Pullen
Book Reviews
Richard Reeves. John Stuart Mill: Victorian Firebrand Mark Donoghue
Bruce Kinzer. J.S. Mill Revisited: Biographical and Political
Explorations
Mark Donoghue
Claude Gnos and Louis-Philippe Rochon (eds). The Keynesian
Multiplier J.E. King
David A. Spencer. The Political Economy of Work J.E. King
Roger Frantz (ed.). Renaissance in Behavioral Economics: Essays in
Honor of Harvey Leibenstein
John Lodewijks
Geoffrey Poitras (ed.). Pioneers of Financial Economics.
Volume 2: Twentieth-Century Contributions Jan Toporowski
Levy News
The 2010 Hyman P. Minsky Summer Seminar
http://www.levy.org/vevents.aspx?event=26
18th Annual Hyman P. Minsky Conference on the State of the U.S. and
World Economies: Meeting the Challenges of Financial Crisis
http://www.levy.org/vdoc.aspx?docid=1162
Financial and Monetary Issues as the Crisis Unfolds
http://www.levy.org/pubs/ppb_103.pdf
The Global Crisis and the Implications for Developing Countries and
the BRICs: Is the B Really Justified?
http://www.levy.org/pubs/ppb_102.pdf
The Unequal Burden of Poverty on Time Use
http://www.levy.org/pubs/ppb_102.pdf
How Well Do Individuals Predict the Selling Prices of Their Homes?
http://www.levy.org/pubs/wp_571.pdf
From Unpaid to Paid Care Work: The Macroeconomic Implications of HIV
and AIDS on Women’s Time-tax Burdens
http://www.levy.org/pubs/wp_570.pdf
Fiscal Policy and the Economics of Financial Balances
http://www.levy.org/pubs/wp_569.pdf
July 2009 Report
http://www.levy.org/pubs/rpt_19_3.pdf
The European Journal of the History
of Economic Thought
Volume 16 Issue 3 is now available online at
http://www.informaworld.com.
This new issue contains the following articles:
Articles
Cameralism as ‘political metaphysics’: Human nature, the state, and
natural law in the thought of Johann Heinrich Gottlob von Justi
Author: Hans-Christoph Schmidt am Busch
A return to Bentham's felicific calculus : From moral welfarism to
technical non-welfarism
Author: Antoinette Baujard
Why John Stuart Mill should not be enlisted among neoclassical
economists
Author: Dimitris Sotiropoulos
Frank H. Knight, pragmatism, and American institutionalism: A note
Author: Luca Fiorito
Keynes and probability: An assessment
Author: Alessandro Roncaglia
Wassily Leontief: In appreciation
Authors: William J. Baumol; Thijs ten Raa
Book reviews
Il pensiero economico nei ducati emiliani e negli stati pontifici,
dalle origini al 1848
Author: Cosimo Perrotta
Alfred Marshall
Author: Tiziano Raffaelli
From Political Economy to Economics. Method, the Social and the
Historical in the Evolution of Economic Theory
Author: Alessandro Roncaglia
Fejezetek a modern közgazdaságtudományból [Chapters from Modern
Economic Theory]
Author: Julius Horvath
Friends of Associative Economics
Bulletin
September 2009
1) Economics at a Threshold
2) Finance and Education
3) Associate! September 2009
1) Economics at a Threshold
To what extent is the 'global financial crisis' a consequence of the
way in which economics is taught? Although present circumstances
have brought this question to a head it is not clear what, if
anything, will change as a result. The various contributions
Associate! Sep 09 address this question by asking what an economist
is, what is the purpose of economics, and how should the subject be
taught.
2) Finance and Education
Spiritual insight as public benefit
See here for details.
A short but comprehensive course concerning finance and education,
with particular reference to the Waldorf movement and Rudolf
Steiner's insights in this regard.
25 October | Spiritual Sovereignty
15 November | Financial Literacy
13 December | Public Benefit
Coordinated by Dr. Christopher Houghton Budd, the course is intended
for teachers and would-be teachers, school administrative staff,
bookkeepers and accountants, and those responsible for governance.
Conceived as professional development, it will combine conventional
understandings of finance with Rudolf Steiner's approach and aims to
be two-way, providing a thorough backgrounding in the topics
covered, but encouraging also feedback and the sharing of experience
by participants.Cost: £50 per day (£135 all three). For questions,
further information and registration, please contact Anita Murphy
c/o anitamurphy {at} live.co.uk or from the address below.
Centre for Associative Economics PO Box 341, Canterbury CT4 8GA /
01227-738207 / www.cfae.biz
3) Associate! September 2009 - Economics at a Threshold
Lead: Truth or Self? Is economics a Vocation or Profession? Joseph
T. Salerno
A Sign of Our Time: Ivory Tower Unswayed by Crashing Economy.
Feature / The Future of Economics. Alan Freeman
Archive: Hayek's Lament
Glossary: B for Benefit
AE Hero: Rudolf Steiner: The Austrian Who Isn't. Mark Arnold.
Accounting Corner: Economics Perception. Daniel Osmer
The Friends of Associative Economics Bulletin provides an overview
of what is going on around the world in the associative economics
movement. The bulletin is viewable as a webpage at
www.cfae.biz/fae-bulletin/09Sep/
eInsight
Welcome to the 4th issue of eInsight. Our key experts summarise some
of the most interesting developments and economic indicators below,
providing you with useful and timely reflections on the economy as
it continues to evolve and respond to circumstances. We hope you
find it interesting and welcome your comments.
Major economies start to grow again
In August the GDP figures for the second quarter of 2009 were
released for most major economies. Perhaps surprisingly, a number of
large developed economies exited the recession, whilst the UK and US
continued to contract.
On the left we present indexed GDP levels for selected advanced
economies during this recession. GDP in the quarter prior to each
country entering recession is indexed at 100. This allows us to
directly compare the recessions in each country. In Germany and
Japan, the depth of the recession has been far more severe than for
the UK and US. These countries also entered recession earlier.
Read more...
http://www.volterra.co.uk/redirects/0909_einsight1.html
Six months of rising house prices
Based on the Nationwide house price index, prices of residential
property have risen every month from March to August. This 8 per
cent rise has undone much of the 21 per cent fall during the crash.
However, other indices remain more tentative. Both the Halifax and
Communities and Local Government measures have shown much flatter
and stalled growth since the trough. Why are the measures differing?
Read more...
http://www.volterra.co.uk/redirects/0909_einsight2.html
Low supply and high demand
As discussed in the previous section, low levels of supply of houses
for sale have supported prices. On the other hand, demand is growing
and estate agents have reported increasing levels of enquiries.
Historically the level of mortgage approvals has been a very good
predictor of house price movements around 5 or 6 months into the
future. When mortgage approvals have been above 71,000 a month house
prices generally rise on a year on year basis. Below 71,000 and they
fall. The graph on the left shows this strong correlation – a fit
that is quite impressive given that it uses monthly data.
Read more...
http://www.volterra.co.uk/redirects/0909_einsight3.html
Calm returning to stock markets
After a period of great volatility, stock markets are now settling
back down to a more even keel. This is demonstrated by recent
movements in the VIX – an index that measures traders’ expectations
of the volatility of the S&P500 over the next 30 days.
In late October 2008 the VIX measure was implying that in the next
30 days volatility in the S&P500 could be almost 25 per cent. In
fact, over the next 4 months the S&P500 dropped over 30 per cent.
Read more...
http://www.volterra.co.uk/redirects/0909_einsight4.html
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Heterodox
Books and Book Series
Ideology,
Absolutism and the English Revolution
Debates of the British Communist Historians, 1940-1956
David Parker
Paperback, All Rights L&W
ISBN: 9781905007868
Price: £18.99
http://www.lwbooks.co.uk/books/archive/ideology.html
This book offers a fascinating insight into ideas in the making - a
glimpse into some of the early debates inside the History Group of
the Communist Party of Great Britain, whose members included
Christopher Hill, Rodney Hilton and Eric Hobsbawm. The outstanding
contribution to historical studies of these and other members of the
group is now almost universally recognised. The debates they
initiated formed the ground for academic research that is still
continuing, in particular their work on the nature of English civil
war and revolution in the seventeenth century, and on the
development of capitalism in Britain.
This book focuses on the debates of the sixteenth- and seventeenth-
century section of the group and their work on ideology and
absolutism. It reproduces original documentary material - single
contributions, reports and minutes - from the debates, and also
includes an informative introductory essay as well as useful notes
and appendices.
Economic Pluralism
Edited by Robert F. Garnett Jr, Erik K. Olsen, Martha Starr
http://www.routledgeeconomics.com/books/Economic-Pluralism-isbn9780415777032
The leading edges of economic thinking in the early 21st century are
marked by a nascent pluralism - a positive valuing of difference and
complexity - regarding the nature and evolution of human behaviour
and economic organization.
Economic
Pluralism brings these pluralist sensibilities to the fore. Its
twenty original essays explore the value and difficulties of
pluralism in economic theory, philosophy, institutions, and
education.
These twenty original essays reflect the maturity and breadth of
pluralist scholarship in economics today. The first eight chapters
(including essays by Tony Lawson, Diana Strassmann, Frederic Lee,
and David Colander) stake out contentious positions on how and why
pluralism matters in economic inquiry. The remaining chapters
explore the meaning and consequences of pluralism in economic
education, institutions, and policies.
This volume provides a unique "second generation" discussion of
pluralism in economics. Its twenty original essays include
contentious disagreements about where and why pluralism matters in
economic inquiry as well as creative explorations of pluralism and
its consequences in economic systems and in graduate and
undergraduate economic education. It is certain to spur further
debate over the scope and value of economic pluralism for the 21st
century. This volume would be of most interest as a supplementary
text for graduate or undergraduate courses that include units on
heterodox economics or economic philosophy.
Kalecki's Principle of Increasing
Risk and Keynesian Economics
By Tracy Mott
http://www.routledgeeconomics.com/books/Kaleckis-Principle-of-Increasing-Risk-and-Keynesian-Economics-isbn9780415080392
Price: $115.00
- ISBN: 978-0-415-08039-2
- Binding: Hardback
- Published by: Routledge
- Publication Date: 28th August 2009
- Pages: 192
About the Book
Kalecki was one of an important generation of Cambridge economists.
Here, Tracy Mott's impressive book examines the relationship of
Kalecki's economics to different economic areas and its relationship
to major alternative schools, such as Keynes and Marx.
Mott looks at Kalecki's 'principle of increasing risk' and how it
gives the way in which the reproduction and expansion of wealth can
bring a coherent unity to economic analysis. In so doing, it makes
sense out of the fundamental conclusions of Keynesian economics on
the underemployment of labour and capital.
Money and Power: Great Predators in
the Political Economy of Development
(Third World in Global Politics) (Paperback) by
Sarah Bracking
http://www.amazon.co.uk/gp/product/product-description/0745320112/ref=dp_proddesc_0?ie=UTF8&n=266239&s=books
Product Description
Review
A committed, thoughtful, closely and rigorously-argued work. This
book explains the most important constraints to economic development
today.
An essential contribution to understanding economic 'development' in
our troubled times. The most relevant analysis of how money and
capitalist power reproduce poverty in today's world. --Professor
Alfredo Saad Filho, Head of Department of Development Studies,
School of Oriental and African Studies, University of London
Sarah Bracking exposes in meticulous and elegant detail the economic
and political interests that lie behind aid. The books great
strength lies in its insistence on viewing the institutions that
promote and service the development industry - the Great Predators
of the title - through the lens of power relations. In a strikingly
original analysis, Bracking pushes explanations of the failures of
development, revealing how such failures are in fact integral to the
expansion of corporate power - and how the aid industry will
continue to create poverty unless action is taken to bring it under
democratic control. -- Nick Hildyard works with the Corner House, a
UK research and solidarity group focusing on human rights,
environment and development.
Our understanding of allegedly 'concessional' finance and donor
credit will never be the same, what with Bracking's critique of
predatory multilateral and bilateral institutions. Now that the
false glow of 'Make Poverty History' has dimmed and global capital
is exposed as crisis-ridden, we can get back to a rigorous political
economy of finance and uneven development, of which this is a
cutting-edge example. --Patrick Bond, Senior Professor, University
of KwaZulu-Natal School of Development Studies, Durban, South Africa
Product Description
Sarah Bracking explores the role of governments and development
finance institutions in managing the markets in which the poorest
countries operate. These institutions - the 'Great Predators' - are
trapping the populations of the south in a permanent cycle of
austerity. Bracking examines the political economy relations between
states. She shows how pseudo-public 'development' institutions
retain complete economic control over Southern markets, yet the
international system is itself unregulated. Operating in the
interests of North Americaand the European Union, they have a
political purpose, and yet serve to cloud the brute power relations
between states. This book will be of interest to anyone studying
debt and development, global financial institutions, and the way the
world economy is regulated and governed.
About the Author
Sarah Bracking is a Senior Lecturer in Politics and Development at
the University of Manchester. She is the editor of Corruption and
Development (2007) and a member of the Review of African Political
Economy editorial working group.
Economic
Abundance: An Introduction
Dear Professor,
As a preferred customer, we would be delighted to send you a FREE
exam copy of Economic Abundance: An Introduction, by Dugger and
Peach, to consider for your course(s). To receive your copy, reply
to this e-mail or contact me at
Aviggiani@mesharpe.com
with your current course information, enrollment, decision date, and
preferred shipping address.
Most principles of economics texts are predicated narrowly on the
concept of scarcity, but that is only one aspect of economics. This
supplemental text for basic and intermediate level undergraduates
provides a serious discussion of the concept of abundance—what it
means, how we can move toward it, and what keeps us from doing so.
For additional information and to view the table of contents, please
click
here.
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Heterodox
Web Sites and Associations
International Rosa Luxemburg Society
Ottokar Luban is establishing a new web site for the International
Rosa Luxemburg Society
www.internationale-rosa-luxemburg-gesellschaft.de
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For Your Information
The Japanese
Society for Post Keynesian Economics
The Japanese Society for Post Keynesian Economics was established in
April 1980 in order to promote the researches on Post Keynesian
Economics in Japan and to activate communications among scholars who
have interests in Post Keynesian Economics. The Society holds
seminars(or Meetings) about three times a year. The Society has a
good partnership with Nihon Keizai Hyoronsha Ltd, a well-known
publisher in Japan, which publishes a translation series on Post
Keynesian Economics ( 34 books were translated into Japanese and
published since 1978 by Nihon Keizai Hyoronsha Ltd:
http://www.nikkeihyo.co.jp/
).
Click here for detailed information.
2009 EAEPE Conference Program
6-8 November 2009
Amsterdam
http://eaepe.org/
http://eaepe.org/node/4910
Friday 6 November
12h00-16h00: Registration at the Amsterdam School of Economics (E-hal,
Roetersstraat 11)
17h00-17h15: Welcome by EAEPE and and local organizers
17h15-18h00: Keynote lecture by Prof. Noreena Hertz
18h00-20h30: Welcome reception
19h00-20h00: EAEPE Membership meeting
Saturday 7 November
08h45-10h45: parallel sessions:
Research area A Room: E0.03
Chair: Emrah Aydinonat & Uskali Mäki
Hansen: The Stern review and its critics: Putting economics at work
in an interdisciplinary setting
Engelen: My way or the highway: Why economists should stop isolating
themselves from other social scientists
Wells: What kind of economics is Amartya Sen’s capability approach
and where is it going?
Chiusi: A two-tier structure for normative theory appraisal
Research area C Room: E0.07
Chair: Paolo Ramazzotti
Stam: Designing institutions for dynamic efficiency
Jacquinet: The problem of order and economic regulation
Ozel: The role of technology in institutional reproduction of
capitalism
Ennuste: Towards synthetic design of implementing socio-economic
communication mechanisms
How Did Economists Get It So
Wrong?
By PAUL KRUGMAN
I. MISTAKING BEAUTY FOR TRUTH
It’s hard to believe now, but not long ago economists were
congratulating themselves over the success of their field. Those
successes — or so they believed — were both theoretical and
practical, leading to a golden era for the profession. On the
theoretical side, they thought that they had resolved their internal
disputes. Thus, in a 2008 paper titled “The State of Macro” (that
is, macroeconomics, the study of big-picture issues like
recessions), Olivier Blanchard of M.I.T., now the chief economist at
the International Monetary Fund, declared that “the state of macro
is good.” The battles of yesteryear, he said, were over, and there
had been a “broad convergence of vision.” And in the real world,
economists believed they had things under control: the “central
problem of depression-prevention has been solved,” declared Robert
Lucas of the University of Chicago in his 2003 presidential address
to the American Economic Association. In 2004, Ben Bernanke, a
former Princeton professor who is now the chairman of the Federal
Reserve Board, celebrated the Great Moderation in economic
performance over the previous two decades, which he attributed in
part to improved economic policy making. (cont.)
FALL-SPRING STUDY GROUP ON
CAPITALIST CRISIS
Following our (just concluded) summer class, Howie Seligman and I
will again be doing a study group in the New York City area on
Marxian theory and the current crisis. If you are interested, read
on.
All applicants welcome.
Click
here for detailed information.
PETITION
Dear Colleague
I have organized a web petition in support of the following words by
Paul Krugman:
"Few economists saw our current crisis coming, but this predictive
failure was the least of the field’s problems. More important was
the profession’s blindness to the very possibility of catastrophic
failures in a market economy ... the economics profession went
astray because economists, as a group, mistook beauty, clad in
impressive-looking mathematics, for truth ... economists fell back
in love with the old, idealized vision of an economy in which
rational individuals interact in perfect markets, this time gussied
up with fancy equations ... Unfortunately, this romanticized and
sanitized vision of the economy led most economists to ignore all
the things that can go wrong. They turned a blind eye to the
limitations of human rationality that often lead to bubbles and
busts; to the problems of institutions that run amok; to the
imperfections of markets – especially financial markets – that can
cause the economy’s operating system to undergo sudden,
unpredictable crashes; and to the dangers created when regulators
don’t believe in regulation. ... When it comes to the all-too-human
problem of recessions and depressions, economists need to abandon
the neat but wrong solution of assuming that everyone is rational
and markets work perfectly." (New York Times, September 2nd, 2009.)
If you agree, please sign and forward to others:
SIGN "Revitalizing Economics After the Crash" ON
http://www.ipetitions.com/petition/revitalizing_economics?e
I think this is an important opportunity to make an impact, and I'd
like to encourage you to add your signature. It’s not an attempt to
lionize Krugman (although he deserves full credit), but to use his
forceful words to help reform economics. It's free and takes less
than a minute of your time.
Best wishes
Geoff Hodgson
g.m.hodgson@herts.ac.uk
www.geoffrey-hodgson.info
www.feed-charity.org
New Supplemental
Material for Microeconomics in Context and Microeconomics in Context
We are happy to inform you that new supplemental materials for
Microeconomics in Context and Macroeconomics in Context are now
available.
For Microeconomics in Context, Julie A. Nelson, now at the
University of Massachusetts, Boston (and a co-author of the text),
has provided additional homework questions for twelve chapters and
teaching aids for the topics of production costs and production
decisions. These are available at:
http://ase.tufts.edu/gdae/publications/textbooks/MIC_Notes4242.html
For Macroeconomics in Context, Marjolein van der Veen of Bellevue
College has provided a comparison of fiscal and monetary policy, and
primers on military spending and oil supply and demand, available
at:
http://ase.tufts.edu/gdae/publications/textbooks/MAC_Notes4242.html
As these websites include answer keys, please do not distribute
these web addresses to students. However, you may download the
materials and revise them as desired for your classes.
We very much appreciate these additions, and invite you to send us
any supplemental materials you maybe willing to share with others.
We are particularly interested in handouts or simulations further
explaining conceptual points presented in the texts, or additional
problems for in-class, homework, or exam use. You can e-mail us your
materials at gdae@tufts.edu.
Thank you for your interest and assistance!
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