Welcome to another big Newsletter. The
reason is that heterodox activity of all sorts appears to be
increasing around the world. However, much of what is sent to me is
in English. On the other hand, many of the heterodox economists on
my e-mail lists do not speak or read English as a first language.
Thus, I have no problem with including material in the Newsletter
that is not in English. For example, a conference announcement can
be sent to me in both English and another language and both will be
included in the Newsletter. If a completely non-English entry for
the Newsletter is sent to me, please have something in English
telling me what it is about so that I can put it in the right place
in the Newsletter. As for the Newsletter itself, it is sent out to
approximately 1,900 e-mail addresses (and it may be forwarded to a
larger number than that). On a weekly basis I get about 5 new
subscribers to the Newsletter. The number of “unique hits” on any
particular Newsletter increases over time. Initially, the number is
around one-third of the e-mail addresses (approximately 600 or so)
but over time the number of unique hits grows to 900 or more. There
are also repeat hits for a Newsletter which brings the grand total
to 1000 to 1200 or more hits for a single Newsletter. Hopefully
interest in the Newsletter continues to grow and that its content
continues to expand and include a variety of language-content.
- The Research Network Alternative Macroeconomic Policies
- Empire and Beyond
Conference
- Le Centre
D'Etudes Monetaires Et Financieres
- Research Unit on
Industry and Innovation – University of Littoral France
-
IDEAs Workshop On Reclaiming Development in the Age of Financial
Globalization
- The Collected
Works of Karl Marx and Fredrick Engels
- 7th Annual
Conference of the Association of Heterodox Economics
- Lancaster
Institute of Advanced Studies 2005-6: The Knowledge Based Economy
- 2005 IAFFE
Conference on Feminist Economics
- Third
International PhD Student Conference in Turin
- New GDAE Working Paper on Social Security
- Four papers from
Carsten Herrmann-Pillath
- Institutional
Economics and Psychoanalysis: How Can They Colloborate for a Better
Understanding of Individual-Society Dynamics?: By Arturo Hermann
- New Working
Papers on Economic Theory and Education
- The Grounded Theory Review: An international journal
- New Progressive
Journal: Socialist Studies
- Issues in
Regulation Theory
- Political Economy
Research Institute Bulletin
- Talking Economics
Bulletin - June 2005
- Evolutionary and
Institutional Economics Review (EIER)
-"Theories of Financial Disturbance" By:Jan Toporowski
- Bernadette
Andreosso and David Jacobson (2005) /Industrial Economics and
Organization: A European Perspective
- Global
Finance at Risk: On Real Stagnation and Instability, By: Sunanda Sen
-
Biographical Dictionary of British Economists
- Radical
Political Economics Book Series
- New
Political Economy Book Series
- Kurt
Huebner (ed): The New Economy in Transatlantic Perspective. Spaces of
Innovation
- School of Earth and Environment- Sustainability Research Institute
(SRI)
- New
Economics Foundation
-
Birmingham Business School
- GLA-ECONOMICS
- NEP-New
Economics Papers
The Research Network Alternative
Macroeconomic Policies
The Research Network Alternative Macroeconomic Policies is currently
preparing its 9th conference in cooperation with the Post Keynesian
Economic Study Group and the Association pour le Développement des
Études Keynésiennes. The conference will be on Macroeconomics and
Macroeconomic Policies - Alternatives to the Orthodoxy and it will take
place in Berlin, 28 - 29 October 2005 (see the attached call for
papers). The conference is intended to contribute to an improvement of
European heterodox networking in macroeconomics. But non-Europeans are
of course also invited to submit papers.
There are no conference fees. Meals will be covered by the Hans Boeckler
Foundation. Participants have to cover their travelling and hotel costs.
Letters of acceptance will be sent out in early August. Accepted papers
can be posted on the conference website in early October.
PD Dr. Eckhard Hein
IMK in der Hans Boeckler Stiftung
Hans-Boeckler-Straße 39
40476 Duesseldorf
Germany
Organised by The Conference of Socialist Economists, publishers of the
journal Capital and Class
In the last decade or so global capitalism has undergone a radical
transformation in a number of contradictory ways:
* Powerful imperialist states seem increasingly willing to cast away old
'containment' policies in favour of direct military operations around
the world
* These very same imperialist states have also increasingly justified
their military plunders under a new ideology of 'universal human
rights', 'global right', and the like
* Nation states around the world centralise power in order to
co-ordinate and mediate a number of local, national and global social
networks
* The emergence of protectionist policies in the US coupled with a drive
to marketise the rest of the world through neo-liberal policies has had
profound consequences including increasing inequalities, poverty,
political corruption, state crime and economic crises
* Neo-liberal capitalism has thus intensified uneven patterns of
development across the globe
* Powerful technologies have emerged that discipline people through
seemingly anonymous networks of power
* New rhetoric by global organisations like The World Bank that stresses
the need for 'ordinary' people to take control of their lives within
their communities whilst pushing national governments to maintain
neoliberal economic policies
* New modes of global, national and local resistance have arisen to
challenge capitalist globalisation
The Left has provided some of the most cogent analyses of these
processes, the work of Michael Hardt and Antonio Negri arguably being
one of the most well known. However, these debates are still ongoing and
the re-election of George W. Bush demonstrates the urgency for those on
the Left to press forward the debate on these issues within the labour
movement and amongst groups working for a progressive, radical and
emancipatory politics.
To help continue and facilitate these debates the Conference of
Socialist Economists is holding a two-day conference at Leeds University
around the theme of Empire and Beyond. Issues to be discussed include:
* Empire and beyond: new imperialism for old?
* The restructuring of the state
* The state debate revisited
* New modes of governance and discipline
* Economic crises
* The political economy of neo-liberalism
* The relevance of post-structuralism for Marxist theory
* Anti-capitalist movements & networks of global resistance
* Human rights, democracy and the West
* Technology, environmentalism and globalisation
* Uneven and combined development: the South and globalisation
* The changing nature of the labour movement and class politics
* Globalisation and its impact upon (popular) culture
* The nature of socialism today
Please submit an abstract to present a paper or a proposal for a panel
(3 to 4 speakers discussing an issue or theme) to cseconf@gn.apc.org
Le Centre D'Etudes Monetaires Et
Financieres
Le Centre D'Etudes Monetaires Et Financieres presents the Second
bi-annual Dijon Conference; sponsored by the Journal of Post Keynesian
Economics
December, 2-3, 2005
Université de Bourgogne, Laboratoire d’Economie Gestion, Dijon, France
Deadline for proposals: September 1, 2005
Deadline for final draft of paper: October 15, 2005
Organized by Claude Gnos and Louis-Philippe Rochon
“The Political Economy of Governance”
The notion of governance has become a buzz word in many academic
circles. Originally associated with the firm, it is now more widely
applied by mainstream economists. It addresses the context in which
power is exercised in the firm and also within national, regional and
international organizations, but also to describe how international
economic relations are regulated. Governance rests on a set of rules,
practices, regulations, norms and institutions. In this sense, according
to mainstream thinking, transparency and accountability are core
analytical elements of ‘good’ governance.
While a number of heterodox (institutionalists for instance) economists
have written on this issue, the topic remains largely dominated by
neoclassical economists, who have considerable influence over
international institutions. But given the implications of this debate,
it is essential that heterodox economists keep developing their views.
The objectives of the conference are firstly to analyze the evolution of
the concept of governance and its underlying implications with
particular emphasis on the connection between governance at the firm
level and that of the macro, national or global, level. The second
objective is to give added weight to the development of a heterodox
perspective on this theme. In essence, by refusing to cede the place to
neoclassical economists, we wish to offer a critical analysis of the
theoretical foundation of governance in a political economy framework.
We also want to propose a new set of economic policy reforms that will
address some of the more contentious issues today. For instance, is the
solution, like so many claim, to relinquish ourselves to the authority
of the market? In proposing policies of ‘good’ governance, such as
transparency, are economists not simply proposing market-friendly,
policies? Are these not already the foundation of international
relations, such as the Washington Consensus? Is not governance a
substitute for activist economic policy?
We invite all heterodox economists, from institutionalists, to
post-Keynesians, Marxists and feminist economists, to converge on Dijon
in December to discuss some of the following issues:
Microeconomic issues:
-New models of corporate governance;
-Recent crises in corporate governance;
-Corporate Governance and social responsibility.
Macroeconomic and monetary issues:
-Governance and monetary policy;
-Is central bank transparency and accountability the solution?;
-Is good governance a good substitute for activist fiscal policy?;
-Is governance ‘old wine in a new bottle?;
-Governance and monetary unions/dollarization;
-Governance and labour unions.
International and regional issues:
-Interaction between corporate and global governance;
-Debates concerning the international monetary architecture,
international finance, free-trade, Washington Consensus;
-American vs European models of governance;
-Governance in emerging economies (Development issues);
Proposals to be sent by e-mail, to:
Claude Gnos
University of Burgundy
Philip Arestis, Cambridge University
Gérard Charreaux, Université de Bourgogne
Paul Davidson, New School University
Claude Gnos, Université de Bourgogne
Jesper Jespersen, Roskilde University
Peter Kriesler, University of New South Wales
Fred Lee, University of Missouri, Kansas City
Alain Parguez, Université de Besançon
Louis-Philippe Rochon, Laurentian University
Sergio Rossi, University of Fribourg
John Smithin, York University
Malcom Sawyer, Leeds University
Engelbert Stockhammer, Vienna University of Economics
Peter Wirtz, Université de Lyon
Research Unit on Industry and
Innovation – University of Littoral France
http://www-heb.univ-littoral.fr/rii
International Symposium
Knowledge, Finance and Innovation
September, 26-30, 2006
Keynes, in his day, warned politicians of the dangers of entrepreneurial
short-sightedness and the potential for undermining longer-term economic
performance. His observations remain prescient, particularly with regard
to innovation.
Innovation is characterized by the market introduction of new products,
typically accompanied by new means of production, new methods of
management, and the ultimate attainment of new forms of industrial
organization. These outcomes are dictated by the imperatives of
integration, the coordination of intellectual resources, and ultimately
by the pursuit of financial profitability.
The myopic pursuit of short-term profitability may be the contemporary
embodiment of Keynes’ apprehension. For instance, innovation projects
jointly funded by large companies and units of government may by
undermined by declining support for the basic research upon which those
projects depend. This is particularly true regarding the reduction of
public funding that often accompanies the opening of traditional markets
to new sources of competition.
The logic of financial investment drives the valuation of technological
capital (incorporating scientific knowledge, industrial knowledge and
innovation engineering) and often motivates large firms to pursue a path
of short-term expedience. Also, technological progress may evolve so
rapidly that the industrial and social integration of scientific
knowledge may be hindered.
On the other hand, scientific knowledge may perish due to insufficient
profitability, prompting that knowledge to be ignored and withheld from
contributing to innovation. Because profitability typically is the
pre-eminent criteria in the short-run, only those enterprises that
rapidly absorb scientific resources attain viability. Entire scientific
fields, therefore, may become neglected.
The outcome may be the long-term neglect of the common good. Of course,
as Keynes reminds, in the long-run we shall all be dead. But wasn’t
Keynes really calling for more thoughtful linkages between short-term
behaviors and long-term outcomes? Arguably—in the spirit of Keynes—it is
expedient for societies to carefully reconsider how innovation occurs
and to nurture the process more fully, both publicly and privately.
What drives innovation and how may its nurturance be accomplished?
Is it through the pursuit of pure knowledge (ensuing from R&D
processes), its development, and its management for industrial use?
Or is it through greater nurturance of profitability? How do the
imperatives of return on investment influence research and its
industrial exploitation?
Or is it through measurement of the value of innovation in terms of its
usefulness? Does this value depend upon the amount of capital and labour
dedicated to its production?
Or, is it through greater reliance upon the profitability of knowledge?
What are the consequences of the relationship between the management of
knowledge and financial strategies on technical progress, economic
growth and globalization of economic activities?
These and other questions will be pursued within the International
Symposium on Knowledge, Finance and Innovation, through three axes:
•Enterprise logic, profitability and technological selection
Innovation trajectories and “autonomous science” [suggest “basic
research”]
Financing and managing scientific and technical knowledge
Investments in the protection of knowledge and innovation
New organization of work, new financial structures and organizational
change
•Network logic, technological and financial complementarity
Strategic Alliances and collective logic of innovation
Innovation networks: enterprises and public institutions
The cognitive division of labour, innovation and investment location
Networks, technical standards and competition
•Public logic, administration and routines
Scientific research, its institutions, its aims, its actors
Innovation policies and innovation systems
Economics of knowledge, innovation and economic growth
Theoretical, historical and applied proposals will be examined by the
scientific committee.
Deadlines:
Deadline for communication proposals: March 1 2006.
Final decision of scientific committee: June 1 2006
Final texts: September 5 2006
Languages: English, French
Address:
Blandine Laperche
Lab.RII- ULCO
21, quai de la Citadelle
59140 Dunkerque –France
email: laperche@univ-littoral.fr
IDEAs Workshop On Reclaiming
Development in the Age of Financial Globalization
Bilkent University, Ankara
31 August – 3 September, 2005
Organized by:
International Development Economics Associates (IDEAs) http://www.networkideas.org
Bilkent University Department of Economics http://www.bilkent.edu.tr/~economics
Program
The workshop on Reclaiming Development in the Age of Financial
Globalization is an intensive program covering theoretical and policy
issues in the current international context. The aim of the workshop is
to present critiques of existing theories as well to offer alternative
analyses of current economic trends. It will be organized around three
broad themes: (1) The economics of financial globalization and its
implications for development macroeconomics; (2) the macroeconomics of
stabilization and adjustment. (3) structures and mechanisms of the
global economy and the economics of collective imperialism.
The total working time of the workshop is 24 hours over four working
days. The sessions will be in lecture format followed by open
discussion. In addition, participants are also expected to attend the
International Conference on Development Economics of the Turkish Social
Sciences Association, to be held in the Middle East Technical
University, Ankara, September 5-7, 2005. This will involve a total stay
of 7 days.
All courses are to be offered at the Bilkent University premises and
will be taught in English. Participants will be hosted at the Bilkent
University campus dormitories.
Participants will be chosen from young economists who have completed or
are close to completing their Ph.D. dissertations. In addition,
individuals with a strong economics background involved in advocacy work
with civil society organizations or engaged in policy making activities
are welcome to apply.
IDEAs will provide full funding for travel and accommodation to
applicants from low-income developing countries and researchers from
these countries are especially encouraged to apply.
Applications should be accompanied with a recent version of the
curriculum vitae and one letter of recommendation and should be sent to
Professor Erinc Yeldan, Department of Economics, Bilkent University,
06580, Ankara TURKEY; tel 90-312-2664807; fax 90-312-2665140;
e-mail: yeldane@bilkent.edu.tr;
or
Professor Jayati Ghosh, IDEAs, c/o, Economic Research Foundation, 124
A/1 Katwaria Sarai, New Delhi 110016, INDIA; tel +9111-26611235; fax
+9111-26611764 e-mail: erf@vsnl.com or jayatig@vsnl.com.
The deadline for applications is: 30 June 2005
Course Program:
Wednesday, 31 August:
Morning: Determinants of Neoliberal Financial Globalization. The two
waves of globalization; the rise of finance and the demise of Fordist
industrialization; the withering away of the concept of ‘development’.
(Erinc Yeldan, Bilkent University, Ankara)
Afternoon: Financial Liberalization, Currency Crises and Developing
Countries Balance of Payments crises and developing countries; new
generation crises under globalization and financial interdependence;
issues of stabilization under hegemonic conditionality of international
financial capital.
(William Tabb, Queens College, NY, USA) To be confirmed
Thursday, 1 September:
Morning: The economics of financial flows at the global scale; the
position of the developing countries in the new international division
of labor; the dominance of finance and the sources of financial
fragility; the rise of the rentier class
(Gerald Epstein, University of Massachusetts, Amherst)
Afternoon: The politics of development in the age of globalisation'.
Development, post development and its social and political consequences;
the politics/anti politics of populist regimes, and the crisis of
development in global perspective.
Pasuk Phongpaichit, Chulalongkorn University, Bangkok, Thailand
Friday, 2 September
Morning: The US in the world economy. An analytical framework to
understand the current imbalances in the US and the implied financial
burden for the world.
(Alex Izurieta, Cambridge University)
Afternoon: Changing Structures of National and International Finance and
their implications. Shifts in international financial systems; monetary
and fiscal policy interactions; the onset of contractionary economics;
the expanded Washington consensus; austerity with central bank
independence, inflation targeting.
(C. P. Chandrasekhar, Jawaharlal Nehru University)
Saturday, 3 September
Morning: Interactions between international trade and finance and the
effects on inequality:
Recent changes in world trade patterns and their implications; capital
flows and trade flows; uneven development and emerging patterns of
inequality and poverty.
(Jayati Ghosh, Jawaharlal Nehru University)
Afternoon: The Dominance of Finance: Implications for the Global
Economy: The hegemony of finance; the economics of the new imperialism;
deflation and unemployment; sovereignty and the role of the nation
state.
(Prabhat Patnaik, Jawaharlal Nehru University)
Personnel
Program Director and Contact: Erinc Yeldan, Bilkent University
Instructors:
Gerald Epstein, Professor University of Massachusetts, Amherst
C.P. Chandrasekhar, Professor, Jawaharlal Nehru University, New Delhi,
India
Jayati Ghosh, Professor, Jawaharlal Nehru University, New Delhi, India
Alex Izurieta, Cambridge University
Prabhat Patnaik, Professor, Jawaharlal Nehru University, New Delhi,
India
Pasuk Phongpaichit, Professor, Chulalongkorn University, Bangkok,
Thailand
William Tabb, Queens College, NY, USA
Erinc Yeldan, Professor, Bilkent University, Ankara
The Collected Works of Karl Marx
and Fredrick Engels
Marx Memorial Library- In association
with Lawrence & Wishart and the Socialist History Society are proud to
launch the final volume of the Collected Works of Karl Marx and Fredrick
Engels
Speakers
Professor Eric Hobsbawm
Professor David McLellan
Monty Johnstone - Editorial Commission
Mary Rosser - chair, Marx Memorial Library
Plus others
Tuesday 7 June at 7.00 pm
Friends House, 173 Euston Road, London NW1 3BJ
Admission Free
Tickets must be booked in advance
To apply, tel: 020 7253 1485
7th Annual Conference of the
Association of Heterodox Economics
City University, London
15 – 17 July 2005
The AHE is the principal world forum encouraging and supporting
pluralism in economics with participants from nearly 30 countries
expected at the conference.
The CONFERENCE is organised around the theme of "Pluralism in
Economics", sessions incorporate a variety of perspectives and fields of
study.
Issues examined include globalisation and international trade, poverty,
finance, technology studies, monetary theory and policy, banking and
financial institutions, health economics, labour economics and literary
criticism. These are addressed by presenters from the fields of economic
development, transition economics, applied microeconomics, economic
history, history of economic thought, and methodology and philosophy of
economics, as well as researchers working in interdisciplinary areas at
the borders of economics with cognate disciplines such as sociology,
psychology, political science, philosophy and management.
Presenters will examine issues or deploy approaches neglected by the
current orthodoxy; and to further develop the critique - and the defence
- of the neo-classical orthodoxy. Discussion and debate, amongst
participants from such diverse traditions as Post-Keynesian, Austrian,
Institutionalist, Evolutionary Economics, Neo-Schumpeterian, Sraffian,
Marxist and neoclassical economics, contribute towards opening up the
discipline of economics.
The AHE and its annual conference arose out of the belief that
institutions of the discipline of economics systematically discriminate
against those working in non-mainstream fields and approaches,
specifically, economists writing from a heterodox standpoint or active
in minority areas. Advocating pluralism in economics, the AHE and its
conferences provide a forum for advancing new ideas in heterodox
political economy both theoretically and in policy debates. These
conferences enable heterodox economists the opportunity to network, and
allow for the dissemination of ideas. They demonstrate the continuing
relevance of heterodox political economy to those practising and
utilising modern economics. The AHE also runs an annual graduate student
training programmes and is currently holding a series of seminars at the
LSE. We welcome participation and support from individuals and
organisations that share our goals.
To register for the conference, please go to
www.hetecon.com.
Lancaster Institute of
Advanced Studies 2005-6: The Knowledge Based Economy
Workshops on Value Theory and Knowledge Based Economy
April and June 2006
One of the key characteristics of the Knowledge Based Economy (KBE),
noted by both academics and policy-makers, is the fundamental shift in
the factors adding or creating value. If, in classical and neoclassical
political economy value was considered to emerge from the contributions
of physical labour and/or capital, the supporters of the KBE claim that
value formation in the new economy is fundamentally produced by
immaterial forms of labour and capital (e.g. human capital and/or
information). The workshops intend to bring together scholars from
different disciplinary backgrounds but with an interest on value
formation to explore questions such as
•Is the valorisation process in a KBE based upon changed principles?
•If so, what principle, and what difference does this make?
•If not, are arguments about the changed nature of valorisation in the
KBE mistaken?
• Might the phrase ‘people are our greatest asset,’ often heard in
management human resources circles, actually have some truth in it?
•What is the current status of classical and neoclassical theories of
value?
We intend to run two, two-day workshop in April and June 2006. The
workshops are deliberately open-ended and in-keeping with the IAS’s aim
to provide distinguished scholars with ‘time to think’ on crucial
contemporary issues in a rich and supportive interdisciplinary
environment. The emphasis is on thinking and dialogue rather than
presentation of finished papers – although the aspiration is to edit a
book or journal if participants feel this is appropriate.
We will meet rail fare (advance purchase super saver fares) and
overnight accommodation on campus on a first come first served basis.
At this stage we need to know which two consecutive days/dates you can
make – all dates are Monday to Thursday inclusive. If you want to attend
two workshops, please indicate this below, and we will accommodate you
if possible.
April 2006 (please cross out the dates you cannot make it)
03 04 06
10 12 13
17 18 19
June 2006 (please cross out the dates you cannot make it)
06 07 08
13 14 15
20 21 22
27 28 29
Please respond to Sandra Irving with your preferences.
For further details of the IAS’s visiting fellowships programme on the
Knowledge-Based Economy, see http://www.lancaster.ac.uk/ias/annualprogramme/programme.htm
Steve Fleetwood
Ramon Ribera-Fumaz
2005 IAFFE Conference on
Feminist Economics
The International Association for Feminist Economics is planning its
14th Annual Conference, June 17 -19, 2005, at American University in
Washington, DC. The deadline for early registration is May 24, 2005. For
more information on the conference, see the IAFFE website at http://www.iaffe.org.
History of Economic Thought Conference, Exeter, England, 5-7 September
2005
The programme for the History of Economic Thought Conference, Exeter,
England, 5-7 September 2005 is now complete (attachment), and this is to
invite you to attend. Booking and all other details, including the
programme again, are at http://www.sobe.ex.ac.uk/conferences/historyofeconomicthought/
John Maloney, School of Business and Economics, University of Exeter,
Streatham Court, Rennes Drive, Exeter EX4 4PU.
Third International PhD Students
Conference in Turin (September 8-10, 2005)
Four years ago, a group of PhD students started to organize a series of
annual conferences aimed at debating with other PhD students the
methodological foundations of our research. Along this path, the Siena
International conference (http://www.debating.it/siena2003/index.htm)
and Pavia International conference
(http://www.debating.it/pavia2004/index.htm) took place (and have been a
success). The initial idea, though, was not only to invite speakers and
scholars to animate our debate on the methodology of economic research,
but also to make room for PhD students to meet and discuss among them
and with seniors the methods they used in their specific research. Our
main end is to maintain a continuous discussion about the method,
comparing different approaches and highlighting the weakness and the
strengths of each one, in order to become free to choose the best
approach for our own research (see our manifesto at
http://www.debating.it/siena2003/conf_phd_econ2003/manifesto.htm)
and to drive the attention of faculties on the importance to discuss the
scope of research and explore its tools, when educating students to
become 'social scientists'.
We are now organizing a third international conference in Turin
(September 8-10, 2005; http://www.debating.it/torino2005/index.htm). We
think this could become an extraordinary opportunity to meet with all
the other groups around the globe, working on the same topics. Some of
those experiences have had already a national and international role and
recognition in promoting the debate on the methodology. Those
experiences inspired us and gave us the impulse to put forward the
discussion, but there are also other experiments that are just at their
beginning, and some other we have got to know only during our research.
We think that, whatever is the stage of each debate, a meeting could
give new surge to everyone, being a chance to know each other's
position, to understand the differences and the commonalities, and to
create a network in order to be more incisive as promoters of the
European debate on methodology in economic research. Most importantly,
moreover, it would provide students and scholars participating to the
conference an opportunity to know the existence of experiences, to
eventually participate more easily, and to hopefully start new active
groups, taking advantage of your experience.
We would like to invite a representative of your group to be part of the
"Workshop of Movements", which is to be organized the first day of the
conference 'Methodology in
Economics: the Importance of Social Sciences' (September 8th, 2005),
bringing the experience of your group and sharing with us and the other
groups the debate you are undertaking. The conference Organization
Committee is ready to pay the travel and the accommodation expenses for
one of your representatives for the duration of the whole conference.
We would also like to ask you to indicate any other similar experience,
so that we can extend the invitation to them also.
Please, let us know if you will be able to participate, and if you have
any question, please contact us replying to this email or at info@debating.it.
We look forward to meet you in Torino!
Best regards,
Francesco Rullani
(in behalf of the Organization Committee)
President Bush has stated that Social Security is facing a “crisis” and
will soon be “bankrupt.” He is proposing drastic changes in the existing
system of retirement benefits. A new paper by GDAE researchers Brian
Roach and Frank Ackerman develops a model of Social Security finances,
in order to determine whether Social Security is really facing a crisis
and to explore the range of policies that could remedy future
shortfalls. Their research illustrates the extreme sensitivity of Social
Security projections to the underlying economic assumptions. One
analysis in the paper projects Social Security’s finances using the more
optimistic economic assumptions made in the federal budget; this change
alone eliminates virtually the entire projected 75-year Social Security
shortfall.
The paper also provides details on a variety of policy options that
could secure the finances of Social Security through 2080. These include
increasing the cap on income subject to Social Security taxation,
slowing the growth in average benefits, and raising the Social Security
tax rate. The results suggest that various moderate adjustments could
secure the finances of Social Security for the next 75 years without
major structural changes. The paper concludes that the Social Security
program can be adjusted at the margin to reflect modern realities, just
as it has been many times over the last 70 years, without a drastic
overhaul.
To learn more about the paper and download a copy, go to:
Reciprocity and the Hidden Constitution of World Trade:
carsten4.pdf
INSTITUTIONAL ECONOMICS AND
PSYCHOANALYSIS: HOW CAN THEY COLLABORATE FOR A BETTER UNDERSTANDING OF
INDIVIDUAL-SOCIETY DYNAMICS? By: Arturo Hermann
The idea of carrying out this work stems from the observation that
although institutional economics deals with the study of human actions
and motivations in their historical evolution, there has been in many
cases, as vividly expressed by Ayres (1936), a lack of scientific
collaboration with other fields of the social sciences; in this regard,
psychoanalysis is a case in point. (Download
Paper)
New Working Papers on Economic
Theory and Education
“Teaching Ecological and Feminist Economics in the Principles Course”
by Julie A. Nelson and Neva Goodwin
It can be difficult to incorporate ecological and feminist concerns into
introductory courses based on neoclassical analysis. We have faced these
issues head-on as we have worked on writing introductory economics
textbooks, Microeconomics in Context (Goodwin, Nelson, Ackerman and
Weisskopf, 2005) and Macroeconomics in Context (in progress). In this
essay, we will describe how the introductory curriculum can be altered
to encompass these perspectives.
“Rationality and Humanity: A View from Feminist Economics”
by Julie A. Nelson
Does Rational Choice Theory have something important to contribute to
the humanities? Some argue that it is a powerful tool that will lend
clarity and rigor to work in the humanities just as it (presumably) has
in economics. This paper examines the disciplinary values behind such an
assertion, and argues that richness and realism must be retained as
important values alongside precision and elegance, if anti-scientific
dogmatism and absurd conclusions are to be avoided.
The Society for Socialist Studies has just unveiled the premiere edition
of its new, peer-reviewd, multi-disciplinary journal:
Socialist Studies. This Canadian journal will print research articles in
a range of disciplines; see their website for more information on
subscriptions and submission guidelines:
www.socialiststudies.ca
Issues in Regulation Theory
Volume 51
http://www.theorie-regulation.org
"Regulation finance-driven capitalism"
Michel Aglietta, FORUM (université Paris X-Nanterre) and CEPII
aglietta@cepii.fr
Antoine Rebérioux, FORUM (université Paris X-Nanterre)
antoine.reberioux@u-paris10.fr
http://www.theorie-regulation.org
This English-language newsletter contains a translation of the
theoretical
note published in French in La Lettre de la Régulation and information
on
research activities in the area of institutional regulation.
Previous Issues in Regulation Theory :
Issues in Regulation theory n°50 contains a note on
"Taxes, benefits and the distribution of incomes"
John Morley, Univ. of Nottingham, Business School, tw@alphametrics.co.uk
Terry Ward, Alphametrics, Cambridge and Applica, Brussels, john.morley@pandora.be
Issues in Regulation theory n°49 contains a note on
"France's new social protection system"
Jean-Claude Barbier (CEE) jean-claude.barbier@mail.enpc.fr
Bruno Théret (Iris-Paris Dauphine) theret@dauphine.fr
Issues in Regulation theory n°48 contains a note on :
"Global Public Goods and the Transnational Level of Regulation"
Philippe HUGON, Paris X Nanterre/Forum (phhugon@club-internet.fr)
Any remarks or opinions you might have concerning Issues in Regulation
Theory are quite welcome. In addition, we would be grateful for the
names
and e-mail addresses of individuals and institutions potentially
interested in our new publication.
The Editorial Committee
Political Economy Research
Institute Bulletin
The PERI Newletter of Research, Policy, and Events
05.2 (May)
The Political Economy Research Institute (PERI) is based at the
University of Massachusetts, Amherst. For general information about PERI,
please visit our website: http://www.umass.edu/peri.
If you received this e-mail by mistake, or if you would like your name
removed from PERI’s distribution list, please send us a message: peri@econs.umass.edu.
******************************************************
For detailed information:
peri.doc
Talking Economics Bulletin - June
2005
That the people of France have said no to a proposed European Union
constitution reflects not so much their dissatisfaction with the
political nature of the EU project, but their suspicion that with the
constitution comes an unbridled Anglo-Saxon neo-liberalism which aims to
displace by legal means the French image of a 'social Europe'. Indeed,
it is hard to argue that the French sentiment is without foundation ...
or indeed that French undergraduate students in economics were wrong 5
years ago to reject as unreal their overly mathematical and neo-liberal
syllabus in favour of a more pluralistic approach, thereby giving rise
to post-autistic economics. The June edition of Talking Economics
Monthly picks up on their concerns in its main article and then goes on
to consider what an expanded economics should take into account, as
opposed to one that stops short with abstraction and narrow
individualism.
1) Abstraction in Economics
2) Forthcoming Evening Events in London - Sustainability Week Special
3) Getting to Grips with Globalisation - Two evenings in Stroud UK
4) Economics and agriculture - a report
Evolutionary and Institutional
Economics Review (EIER),
is now available online.
http://www.jstage.jst.go.jp/browse/eier
Articles on the first volume (vol.1-1, November 2004) is open for
browsing and downloading.
Those of the second volume (vol.1-2, March 2005) will be uploaded in a
few month.
Editors of EIER welcome the contribution of Articles
(2000-10000words) and Notes (under 3000 words) from all parts of the
world.
Aims & Scope: http://www.econ.kyoto-u.ac.jp/~evoeco/eier.html
Instructions to Authors:
http://www.econ.kyoto-u.ac.jp/~evoeco/guideforauthors.pdf
Annual subscription (1 volume=2 numbers) : USD60.00 or JPY7000.-
Contributions/Orders to the EIER Editorial and Management Office
International Academic Printing co. Ltd. (KOKUSAI BUNKEN INSATSUSHA)
4-4-19 takadanobaba, shinjuku-ku, tokyo, JAPAN 169-0075 tel
(+81)(0)3-5389-6492 e-mail: evoeco-edit@bunken.co.jp
Kiichiro Yagi (Editor in Chief)
Grad. School of Economics, Kyoto University
yagi@econ.kyoto-u.ac.jp
"Theories of Financial
Disturbance" By:Jan Toporowski
‘Financial markets have an aura of disturbing instability. In this
history of the thought of earlier economists who have studied the
processes of finance, Jan Toporowski takes us on a fascinating journey
to explore how they saw the impact of finance on the real economy. Not
one for formal models, nor for rational expectations, Jan values
historical experience and the insights and experience of earlier great
thinkers.’
– Charles A.E. Goodhart, CBE, London School of Economics and Political
Science, UK
‘Jan Toporowski’s Theories of Financial Disturbance is a tour de force.
With his substantial knowledge of financial markets, his deep conceptual
understanding of relevant concepts and his exhaustive reading of the
essential literature, he is ideally placed to tell an absorbing
narrative of, as he writes, critical theories of finance from Adam Smith
to the present days – and he has. In a world in which finance and
industrial and commercial capital are so out of kilter with one another,
Toporowski’s lucid wisdom is required reading.’
– G.C. Harcourt, University of Cambridge, UK, Jesus College, Cambridge
and University of Adelaide, Australia
Theories of Financial Disturbance examines how the operations of
market-driven finance may initiate and transmit disturbances to the
economy at large, by looking in detail at how various economists
envisaged such disturbances occurring. Contents: Introduction Part I: A
Premonition of Financial Fragility 1. Adam Smith’s Economic Case Against
Usury 2. The Vindication of Finance Part II: Critical Theories of
Finance in the Twentieth Century: Unstable Money and Finance 3.
Thorstein Veblen and Those ‘Captains of Finance’ 4. Rosa Luxemburg and
the Marxist Subordination of Finance 5. Ralph Hawtrey and the Monetary
Business Cycle 6. Irving Fisher and Debt Deflation 7. John Maynard
Keynes’s Financial Theory of Under-Investment I: Towards Doubt 8. John
Maynard Keynes’s Financial Theory of Under-Investment II: Towards
Uncertainty Part III: Critical Theories of Finance in the Twentieth
Century: In the Shadow of Keynes 9. The Principle of Increasing Risk I:
Marek Breit 10. The Principle of Increasing Risk II: Michal Kalecki 11.
The Principle of Increasing Risk III: Michal Kalecki and Josef Steindl
on Profits and Finance 12. A Brief Digression on Later Developments in
Economics and Finance 13. The East Coast Historians: John Kenneth
Galbraith, Charles P. Kindleberger and Robert Shiller 14. Hyman P.
Minsky’s Financial Instability Hypothesis 15. Conclusion: The
Disturbance of Economists by Finance Bibliography Index
Bernadette Andreosso and David
Jacobson (2005) /Industrial Economics and Organization: A European
Perspective
McGraw-Hill
It contains detailed critiques of the neoclassical theory of the firm,
the neoclassical models of market structure, and various other
applications of neoclassical economics in the broad area of industrial
organization.
Global Finance at Risk: On Real
Stagnation and Instability, By: Sunanda Sen
Sunanda Sen offers an analysis of the ongoing malaise in the world
economy, which include the financial and real instability as well as
economic recession and lack of development. Rejecting the explanations
advanced by the orthodoxy, she deplores the retrograde steps in the
interest of high finance. This calls for a change in policies, away from
the contractionary monetarist devices and in the direction of demand
expansion which will prove mutually beneficial for both advanced and
developing countries.
Table of Contents
Introduction * The Changing Pattern of International Capital Flows: A
Few Theoretical Insights * The Evolving Pattern on International Capital
Flows: An Overview * The Pattern of Global Finance and the Real Economy
* Global Finance and Development
Biographical Dictionary of British
Economists
General Editor: Donald Rutherford, University of Edinburgh
With over 600 entries on economic writers and thinkers, the Biographical
Dictionary
of British Economists has unrivalled coverage of both prominent and less
well-known
figures in the history of British economics. Eight-hundred years are
spanned by
entries on individuals from Richard FitzNigel (d.1198) to John Flemming.
The high-profile names are all included Adam Smith, Malthus, Locke,
Ricardo, the
two Mills, Petty, Hume, Marx and Marshall but importantly, those whose
work is not
as widely known are here, including Henry Thornton, Daniel Defoe, Dudley
North
and Herbert Spencer.
For detailed information:
BDBEflyer.pdf
Radical Political Economics
(Pluto Press, University of Michigan Press)
This is a book series sponsored by the Union for Radical Political
Economics (URPE). The book series is aimed at the general reader, and is
intended to be of particular interest to undergraduate students. The
goal of the series is to provide a wide audience with an introduction to
radical political economics.
For more information:
Contact Al Campbell, e-mail address is al@economics.utah.edu
Paddy Quick, e-mail address is paddyquick@aol.com
Alfredo Saad-Filho, e-mail address is as59@soas.ac.uk
Publisher Website: http://www.plutobooks.com
New Political Economy Book Series
(Routledge)
Routledge is currently seeking manuscripts for its distinguished series,
New Political Economy. We are looking for recent dissertations in
political economy that might be especially interesting to and worthy of
a wider reading audience. Dissertations can be theoretical, empirical,
or both. They also may be focused on a particular history or history of
thought. The series is open to a wide variety of perspectives.
If you or one of your students has a completed or soon to be completed
dissertation that fits the above description, please send a one or two
page summary of the dissertation and a CV to the series editor (see
contact information below.)
Titles in the series include:
Political Economy from Below: Economic Thought in Communitarian
Anarchism, 1840-1914
Rob Knowles
Structuralism and Individualism in Economic Analysis: The "Contractionary
Devaluation Debate" in Development Economics
S. Charusheela
Encoding Capital: The Political Economy of the Human Genome Project
Rodney Loeppky
Miracle for Whom? Chilean Workers Under Free Trade
Janine Berg
We print our books on 250-year-life acid-free paper with hard
cover/library standard bindings. Our worldwide market is composed
primarily of research and university libraries to which we sell between
250 and 450 copies of each text. Books in our series are published as
hardcover and as attractively as possible for this library market. We do
not provide individually illustrated covers (there is one standard
series cover) or copyediting for the books, although they are typeset
and proofread. Authors receive a royalty of 4% on net sales of the book,
and a predetermined number of free copies (usually 5) for personal use.
The series editor is Richard McIntyre, Professor of Economics at the
University of Rhode Island and he may be reached at the following
addresses:
Richard McIntyre
Honors Center
210 Lippett Hall
University of Rhode Island
Kingston RI 02881
Kurt Huebner (ed): The New Economy
in Transatlantic Perspective. Spaces of Innovation,
259pp., Routledge 2005, ISBN 0415336082
What's left of the New Economy? This book examines the remains of this
well-hyped concept and finds that despite all the mistaken ideas and
sexing-up, the technological changes of the 1990s still have important
effects today.
CONTENTS:
Part One: Macro Economics of Innovation
1. Spaces of Innovation: Introductory remarks on the comparative
political economy of
the New Economy - Kurt Hübner
2. The New Economy in a Growth Crisis - Georg Erber and Harald Hagemann
3. Innovations, Economic Growth and Productivity in the New Economy -
Martin Zagler
Part Two: Institutional Matrixes
4. Is there an Institutional Base of the New Economy? - Bruno Amable
5. Europe in the Innovation Race - Daniele Archibugi and Alberto Coco
6. Innovation and Social Security: An international comparison - Martin
Heidenreich
7. Transnationalisation of European Governance in the Information Age:
The role of
policy networks - David Gibbs
Part Three: Spaces of Innovation
8. Urban Governance, Interspatial Competition and the Political
Geographies of the New
Economy: Reflections on the Western European case - Neil Brenner
9. Do Regional Systems of Innovation Matter? - Michael Fritsch
10. Internet-based Electronic Business: A sociology of discontinuities
and failures of new
companies in the fields of entertainment and technology in California –
Gerhard
Krauss
11. The New Economy Assets of the Berlin Metropolitan Region:
Development chances
and threats - Stefan Kratke
School of Earth and Environment-
Sustainability Research Institute (SRI)
Lecturer in Ecological Economics and Lecturer in Sustainable Business -
Job ref 310462/310463
Closing Date: 10-06-2005
Further details:
The Sustainability Research Institute (SRI) at the University of Leeds
is seeking to make two lectureship appointments as part of its continued
development. You will demonstrate the ability to develop his/hertheir
own research programme of international standing and will contribute to
teaching at the undergraduate and postgraduate level.
Ecological Economics lectureshsip - Applications are invited from those
with research interests in Ecological Economics, which aims to integrate
economic with biophysical, social and cultural analyses. Job ref 310462
Sustainable Business lectureship – Applications are invited from those
with research interests in Environment/sustainable development and
Business. Job ref 310463
Lecturer A (£23,643 - £27,116 p.a.) or for very well-qualified
candidates Lecturer B (£27,989 - £35,883 p.a.)
The University is introducing a new reward framework which will
facilitate the recruitment, retention and motivation of world class
staff. Under the new structure the minimum Lecturer A salary point will
be £26,401 plus cost of living increases.
Informal enquiries to Dr Klaus Hubacek (Ecological Economics post) email
hubacek@env.leeds.ac.uk, tel 0044-(0)113 343 1631, or Dr Fiona Tilley
Sustainable Business post) email fiona@env.leeds.ac.uk, tel 0044-(0)113
343 1641.
To apply on line please visit http://www.leeds.ac.uk and click on
'jobs'. Application packs are also available via email recruitment@adm.leeds.ac.uk
or tel 0113 343 5771
Closing date Friday June 10 2005 Interviews to be held in week
commencing June 27 2005
New Economics Foundation Economic Researcher:
International Finance/Development
salary £24 - £32,000 p.a.
closing date 06.06.05
summary: Are you a radical economist, with a good knowledge of
development and the international financial system? Would you like to
make a real difference in promoting a global economy run for people and
the planet? Are you an innovative and original thinker, as keen to
listen to the views of others as to present your own? If so, you might
be just the person we are looking for to help take our Jubilee Research
programme forward to a broader global finance agenda.
This appointment may be made at junior level (minimum 3-5 years
experience) or senior level.
New Lecturer/Senior Lecturer post in Industrial and Labour Economics at
the Birmingham Business School.
Details of the post can be found at: http://business.bham.ac.uk/bbs/static/page1863.htm
- click on ‘Industrial and Labour Economics’.
There is also a Lecturer/Senior Lecturer post available in research
methods which would suit an applied quantitative economist – details are
available at the same web address; click on ‘research methods’.
More details about the Industrial and Labour Economics Group can be
found at: http://business.bham.ac.uk/bbs/static/page538.htm
The deadline for applications is 17th June.
GLA-ECONOMICS
Economist- £51,867
It's your capital. Be part of it.
21st Century London. Culturally diverse. Ever changing and evolving.
Open to the world. As government to this most vibrant and cosmopolitan
of cities, the GLA has a responsibility both to reflect and lead the
pace of change. Ours is a f ast-moving and forward-thinking environment,
a microcosm of the exciting capital we serve. Can you keep up with us?
Established in May 2002, GLA Economics provides expert advice and
analysis on London's economy and the economic issues facing the capital.
Data and analysis from GLA Economics provide a sound basis for the
policy and investment decisions facing the Mayor and the GLA group.
You'll plan and lead work on special projects and initiatives
commissioned by the GLA Group to ensure that GLA Economics provides a
sound economic evidence base for policy making decisions - taking
particular responsibility for content and deadlines.
You must have a postgraduate degree or equivalent professional
qualification in economics or a related subject, and at least 5 years'
relevant experience. Evidence of detailed specialist knowledge of at
least one of the following is essential: transport, labour economics,
macro-economics, market studies and competition issues and policy. You
must have highly developed analytical and communication skills and the
ability to lead multi-disciplinary, multi-agency projects.
For further information about this role please contact Duncan Melville
on 020 7983 4644.
For a full job description and application pack, please visit our web
site or call the recruitment team on 020 793 4143 (textphone/4157)
quoting reference CSEC13/G.
Closing date for receipt of completed applications: noon 17 June 2005.
www.london.gov.uk
NEP-New Economics Papers
Recruiting NEP Editors
There are currently vacancies for the following reports
mfd Microfinance & Financial Development
gth Game Theory
pbe Public Economics
If you are interested or know of someone who is, please email a
curriculum
vitae and some thoughts as to how you would increase membership of the
report to
GeneralEditor.NEP@uwe.ac.uk
Although we are committed to equal opportunities, we are keen to attract
female applicants as well as practitioners or academics based outside of
Europe, the US or Canada.
Working Class Studies
Working Class Studies is a mailing list for scholars and educators,
activists and advocates, artists and writers, as well as students and
workers who are interested in this engaged and interdisciplinary field.
Sponsored by the new Working-Class Studies Association and the
Youngstown State University Center for Working-Class Studies (CWCS), the
listserv develops a forum for diverse intellectual and political
approaches to scholarship, teaching, and outreach. It also promotes
partnerships linking scholarly work with activism. Subscribers are
encouraged to post announcements, queries, calls for proposals, and to
exchange information on academic and political opportunities as well as
general news relevant to working-class life.
Your address "leefs@UMKC.EDU" has been invited to join the
Working-Class-Studies mailing list at lists.ysu.edu by the
Working-Class-Studies mailing list owner. You may accept the
invitation by simply replying to this message, keeping the Subject:
header intact.
May 21, 2005
Dear Union Sisters & Brothers, Colleagues & Friends,
Ruth Needleman, professor of labor studies, rneedle@iun.edu.
Just this week, six employees of the Indiana University Division of
Labor Studies were terminated: three faculty among them. The reason
given was a budgetary crunch resulting from legislative cuts in our
funding and university demands for increasing income annually.
As you may know, a Republican governor and Republican control of both
houses of the state legislature have made Indiana a very union
unfriendly state. Public sector unions were thrown out of government
agencies, a right to work law threatens on the horizon, and now the
labor studies program has come under the knife.
Even though a faculty budgetary committee developed an alternative
budget that would require no faculty layoffs, the Director went ahead
and implemented his budgetary proposal, closing down the South Bend
office,laying off two tenure-track faculty, Paul Mishler and Cathy
Mulder, and faculty member Rae Sovereign, who has just completed her
Master’s Degree as required by her contract.
Indiana University is a public university with a clear mission to serve
constituencies in the state, especially under-served constituencies like
adult working people. Increasingly public universities are functioning
like private ones, forcing every unit to generate income above expenses,
and setting budgets every year higher than the previous year’s income.
It works like gain-sharing has worked in many workplaces—forcing workers
to become ever more productive every year in order to meet the rising
standard.
And why wouldn’t universities feel the same pressure of corporate
competitiveness and privatization? Not only were tenure-track faculty
terminated, but part-time, temporary and less credentialed employees
were kept. The decision on whom the ax would fall did not follow IU
policy; it ignored seniority, credentials and faculty governance.
Welcome to Wal Mart University!
We are asking you for letters of support for maintaining our regional
offices that serve working people where they live and work, in this
case, the South Bend office. We are asking for support to reverse the
arbitrary and discriminatory termination of Rae
Sovereign, Paul Mishler and Cathy Mulder, three of our top faculty.
Finally we ask for your support in opposing hiring and firing procedures
that violate university academic policy, and that promote contingent,
part-time jobs over fully-funded, skilled
jobs. We cannot let WalMart become the model for universities as well.
Please send your letters in support of the Division of Labor Studies at
Indiana University, to Executive Vice Chancellor & Dean of Faculties
William M. Plater,
IUPUI, Administration Building 108, 355 North Lansing
Street, Indianapolis, Indiana 46202-2896. You may also e-mail him at
wplater@iupui.edu. Please send me a copy,and also William Schneider,
IUPUI AAUP, whschneider@iupui.edu.
In Solidarity, Ruth Needleman, professor of labor studies,
rneedle@iun.edu.
Support the General Thrust of the
Declaration of the EuroMemorandum group
Dear colleague,
the French and Dutch No have had the magnificent effect to broaden and
intensify the discussion about the way in which we want to live in
Europe not only in France and the Netherlands but in most other European
countries, too. One central part, although certainly not the only part
of this debate will be about the economic and social development
strategy, i.e. the crisis of neo-liberal policy patterns and about
alternative options towards a progressive economic and social European
development model.
The working group "European Economists for an Alternative Economic
policy in Europe" (EuroMemorandum Group) wants to contribute to this new
phase of public debate in various ways. The most immediate one is the
attached declaration, which contains in a very brief way our assessment
of the main mistakes in the current economic and social policy course
and proposals for an alternative development strategy in the short and
the medium term. (For further activities of the group see our web side:
www.memo-europe.uni-bremen.de)
We want to attract some public attention for this declaration in two
ways: firstly by collecting as many supporting signatures for the
declaration as possible and secondly by publishing the declaration
together with the signatures just before the EU summit at the end of
next week (16/17 June). Therefore we would like to ask you:
1. to support the attached declaration (to facilitate the procedure you
should just put your name on the prepared line at the bottom of this
e-mail and click on the return key) and
2. to return this letter as soon as possible, at the latest until
Saturday 11 June, so that we have one day time to prepare the complete
list for the press.
Thank you for your rapid cooperation. Best greetings,
Jörg Huffschmid
Declaration of support:
I support the general thrust of the declaration of the EuroMemorandum
group: "After the French and Dutch No to the Constitution: The EU needs
a new economic and social development strategy".
Name:
Institution:
City, Country: