From the Editor
Just a couple of things.
First you might want to take a look at the new
section of the Newsletter--The
HEN-IRE-FPH Project for Developing Heterodox
Economics Through Debate and Dialogue on the
Economy. Secondly, there is an interesting
conference at the National University of
Colombia in Bogota on Macroeconomics that is
being organized by MACROPOLIS, an organization
of undergraduate and graduate students. If you
ever get invited by MACROPOLIS to give some
seminars, you should go because you will have a
great time with the students and the faculty.
Thirdly, I would like to draw your attention to
the Newsletter’s website. It now has a
search engine so that you can look up things in
previous Newsletter more quickly; the
Heterodox events calendar is up to date; and
soon there will be a new edition of the
Heterodox Information Directory. Finally, for
all of you going to the ASSA meetings in San
Francisco, registration for it will open August
25, 2008--
http://www.vanderbilt.edu/AEA/Annual_Meeting/registration.htm.
Fred Lee
In
this issue:
|
Call for Papers |
|
- 13th Annual International Conference
on Economics & Security
- Perspectives on Investment Strategies
- Missouri Valley Economics Association
- Colloque de SFAX – TUNISIE
- The International Journal of Pluralism and Economics
Education
- Association of Christian Economists
- The Character and Trajectory of the Indian Economic
Formation in an Era of Globalisation
- 'Workers' Struggles and Nationalist Movements in the Arab
World
|
|
Conferences, Seminars and Lectures |
|
- Political
Philosophy & Taxation: An Interdisciplinary Conference
- Comunicado de Prensa
|
|
Job Postings for Heterodox Economists |
|
- McMaster University
- Murphy Institute, CUNY
- Lectureship in Economic Sociology at University of
Greenwich
|
|
Heterodox Conference Papers and
Reports and Articles |
|
- International Joseph A. Schumpeter
Society Conference 2008
- Symposium on Employer of Last Resort
- Electronic Publication Makes Science and Scholarship More
Narrow
- Promise of Export Agriculture Overstated for Latin
America: New Report |
|
Heterodox Journals and Newsletters |
|
- On The Horizon
- Revista de Economía Institucional
- History of Economics Review No. 47, Winter 2008
- New Labor Forum
- Cuadernos de Relaciones Laborales
- The Economics of Peace and Security Journal
- Forum for Social Economics
- Challenge
|
|
Heterodox Books and Book Series |
|
- Economics for Everyone: A Short Guide
to the Economics of Capitalism
- Hating the Job
- Karl Marx’s Grundrisse
- Routledge Studies in European Economy Series
- Young Workers in the Global Economy
- Chicago Fundamentalism
|
|
Heterodox Book Reviews |
|
- Hedonic Man |
|
The HEN-IRE-FPH Project |
|
- The HEN-IRE-FPH Project for Developing Heterodox
Economics Through Debate and Dialogue on the Economy |
|
Heterodox Graduate Program and PhD
Scholarships |
|
- Keele University
- University of Macerata |
|
Queries from Heterodox Economists |
|
- Linda Kaucher |
|
For
Your Information |
|
- The Shock Doctrine: The Rise of
Disaster Capitalism
- The Evolution of Economic Rationality: Do Monkeys
Understand Money?
- Gone, and Being Forgotten
- Post-Keynesian Growth and Income Distribution Tour
- Neuroeconomics
- Political' Views and Economists
- Unequal America
- Figure It Out by Matthew Reisz |
|
|
Call for Papers
13th Annual International Conference
on Economics & Security
Call for Papers for the 13th Annual International Conference on
Economics & Security, to be hosted by CITY College, Thessaloniki,
Greece - 24th-26th June 2009. Click
here for
details.
Perspectives on Investment Strategies
Eastern Economics Association
Annual Conference 2009
Sheraton New York Hotel and Towers
New York, New York
February 27 – March 1
Two, possibly three, sessions are being organized for the Eastern
Economics Association’s upcoming annual conference. The topic of the
sessions will be “Perspectives on Investment Strategies”. Given the
wide degree of strategies (value, growth, small/mid/large cap,
market driven top down, stock driven bottom up, sector investing,
etc.) any approach could be discussed from a theoretical, empirical,
or practical viewpoint. Whether it is rational or not to even have
an investment strategy could be discussed.
The hope is to have participants from both orthodox and heterodox
economic points of view. Given the location of the conference in New
York, an effort will be made to also include practitioners from a
few of the Wall Street firms. As the session papers will represent
divergent points of view on a narrow topic, the expectation is to
assemble the papers after the conference and find a publisher for an
edited book.
Deadline for Submissions: October 15, 2008
In the submission, please self-identify as to whether your paper
represents an orthodox economic, heterodox economic, or professional
point of view. Send submissions, including name, affiliation,
mailing address, email address, and telephone and fax numbers to:
Prof. D. Marshall Meador
Keith Busse School of Business & Entrepreneurial Leadership
University of Saint Francis
2701 Spring Street
Fort Wayne, IN 46808
Ph: (260) 399-7700 ext. 8314
Fax: (260) 399-8174
Email: dmeador@sf.edu
Missouri Valley Economics Association
Arranged Session on the History of Economic Thought
Missouri Valley Economics Association
45th Annual Meeting
October 23 – 25, 2008
Millennium Hotel
Saint Louis, Missouri
A session focused on the history of economic thought is being
developed for the MVEA’s annual conference is being developed.
Submission to any category of the JEL Category B (Schools of
Economic Thought and Methodology) is acceptable.
Send an abstract of about 200 words or a complete paper. As the MVEA
deadline for session proposals is August 18, please submit your
abstract/paper no later than August 11, 2008. Authors will be
notified prior to the session proposal’s submission to the MVEA.
Send submissions, including name, affiliation, mailing address,
email address, and telephone and fax numbers to:
Prof. D. Marshall Meador
Keith Busse School of Business & Entrepreneurial Leadership
University of Saint Francis
2701 Spring Street
Fort Wayne, IN 46808
Ph: (260) 399-7700 ext. 8314
Fax: (260) 399-8174
Email: dmeador@sf.edu
Colloque de SFAX – TUNISIE
Vendredi 13 et samedi 14 mars 2009
Organisé par la FSEG de Sfax (Tunisie) et l’A.D.E.K. (Association
pour le Développement des Études Keynésiennes – France)
Appel à communication
Le Financement du
développement : perspectives post-keynésiennes
The International Journal of
Pluralism and Economics Education
Inderscience announces publication of a new journal in economic
education, The International Journal of Pluralism and Economics
Education. The IJPEE will publish four issues a year, the first in
January 2009 and the remaining issues March June, September and
November. The IJPEE welcomes and encourages manuscripts from all
members of the heterodox and pluralist community. The Journal will
publish on all aspects of pluralism and economics education with
special attention, but not limited, to the following topics:
- Defining pluralism
- What is pluralism and how can we incorporate it into the classroom
- The rhetoric of pluralism: communicating within and across
disciplines
- Teaching the theory of the firm from a pluralist perspective
- Teaching pluralism in developing countries
- What can pluralists learn from Adam Smith and other classical
economists?
- Incorporating pluralism into online courses
- Using pluralism to construct a framework for solving global
problems
- Are there limits to extending pluralism?
- Pluralism and the individual
- Pluralism as a central component of honours courses
- Pluralism at the community college
- Encouraging pluralism at the high school level
- Necessary mathematics for pluralism
- Reaching out to other social sciences
- Teaching ecology from a pluralist perspective
- Understanding the financial crisis from a pluralist perspective
- Pluralism and system dynamics
Interested authors should consult the webpage at Inderscience.com
for specific requirements. Manuscripts should be e-mailed to:
Jack Reardon
Department of Management and Economics
School of Business
Hamline University
St. Paul, Minnesota 55104
reardon.laurie@yahoo.com
Association of Christian Economists
Call
for Papers
Association of Christian Economists
25th Anniversary Conference
Three Perspectives on Economics and Faith
Thursday, April 16-Saturday, April 18, 2009
Baylor University, Waco, Texas
of Christian
For twenty-five years, the Association of Christian Economists has
encouraged Christian scholars to explore and communicate the
relationship between their faith and the discipline of economics and
to promote interaction and communication among Christian economists.
This anniversary conference will celebrate and continue that
tradition.
Three different ways in which faith and economics may inform each
other will serve as organizing themes for plenary presentation,
concurrent sessions and panel discussions:
1. Faithful Economics: Religious/ethical topics and presuppositions
incorporated into mainstream economic analysis and research.
2. Economics of Religion: Application of mainstream techniques of
economics to the study of religion and the impact of religion on
social capital.
3. Heterodoxy: Critique of and alternatives to mainstream economics.
We invite contributed papers for concurrent sessions; in addition to
individual papers, full session proposals are encouraged.
Submissions from ACE economists, non-member economists, and scholars
from related disciples are welcome. Papers on teaching economics
also are within the scope of the conference.
Paper proposals must be submitted by October 15, 2008. Submissions
should include:
- An abstract of 300-700 words.
- The conference theme (one of the three) to which the paper most
clearly relates.
- The mail address and e-mail address of the author(s).
- A short biography of each author (100 to 150 words).
- A short summary of the paper of (100 to 150 words).
Send proposals by e-mail to john_pisciotta@baylor.edu or by mail to:
ACE Anniversary
Conference; Department of Economics; One Bear Place #98003; Waco, TX
76798-8003.
See
www.baylor.edu/ifl/aceconference for further details.
Rodney Stark (Baylor University)
Arthur C. Brooks (Syracuse University)
Laurence R. Iannaccone (George Mason University)
John P. Tiemstra (Calvin College)
The Character and Trajectory of the
Indian Economic Formation in an Era of Globalisation
LAST CALL FOR CONFERENCE PAPERS – ABSTRACT DEADLINE EXTENDED TO 31st
AUGUST 2008
'The Character and Trajectory of the Indian Economic Formation in an
Era of Globalisation'
Wednesday 26th November to Friday 28th November 2008 University of
Delhi, India
Contact:
indian.formation@gmail.com
Web:
http://arts.yorku.ca/neoliberalism
Click
here for detailed information.
'Workers' Struggles and Nationalist
Movements in the Arab World
We would like to invite you to submit abstracts on 'Workers'
Struggles and Nationalist Movements in the Arab World, 1900-present'
by 1 September 2008.
We are directing a workshop on this theme at the Tenth Mediterranean
Research Meeting which will take place near Florence (Italy) on 25
–28 March 2009.
You will find the abstract below:
Workers' movements present a problematic when considered
internationally, as their context has been defined by national
liberation in the Middle East and across North Africa. When workers
carried out strikes in colonized areas, sustained agitation against
the managers of the enterprises that hired them meant indigenous
workers' struggles for better wages, safer working conditions, and
more secure contracts were seldom simply for their own well-being.
Migrant workers' protests also fueled larger national liberation
movements by defining inclusive national communities and
articulating progressive directions for such communities.
So how do we assess the significance of the strikes that took place
outside what have now become postcolonial states? Calling for
acknowledgement of the colonial-era split (both in the theoretical
realm of law and the practical realm of political institutions)
between metropolitan and indigenous workers, and recognizing that
the movement's history exceeds both institutional histories of labor
unions and political parties, this workshop addresses labor and
affiliated issues both in a comparative framework and
transnationally.
Since transfers of populations--whether for labor, military
service,settlement, or in response to induced environmental
disasters--characterized colonialism, many Arabs from colonized
parts of West Asia and North Africa worked as émigrés in the various
métropoles. We propose to address the link between labor and
national liberation bridging across the national histories that have
fragmented common aspects of modern Arab experience. Furthermore, we
seek to address labor and nation with the inclusiveness of new
social movements, since workers developed strategic alliances with
other organizations and political interests (whether miners from
Algeria, dock workers in Aden, or Palestinian factory workers) to
strengthen and broaden collective consciousness across gender and
class.
A detailed workshop description (and instructions for submission) is
available at:
http://www.iue.it/RSCAS/Research/Mediterranean/mrm2009/desc_pdf/MRM2009_Ds14.pdf
Top
Conferences, Seminars
and Lectures
Political Philosophy & Taxation: An
Interdisciplinary Conference
The UCL Centre for Philosophy, Justice and Health, with the
financial support of the Aristotelian Society, The Mind Association,
and the Society for Applied Philosophy, presents:
Political Philosophy & Taxation: An Interdisciplinary Conference
11-12 September 2008, UCL
http://www.ucl.ac.uk/~ucesswo/tax.htm
http://city.facebook.com/event.php?eid=19895338269&ref=nf
Comunicado de Prensa
Conferencias: Topics in Macroeconomics: A Post Keynesian
Interpretation
http://www.fce.unal.edu.co/contenidos/noticias/news.php?id=139
Top
Job Postings for
Heterodox Economists
McMaster University
LABOUR STUDIES PROGRAMME
A tenure track joint appointment will be made in Labour Studies and
another Social Sciences department related to the candidate=s area
of interest, by McMaster University at the Assistant Professor level
commencing July 1, 2009. Labour Studies is an interdisciplinary
programme, resident in the Faculty of Social Sciences, which
includes Anthropology; Economics; Health, Aging & Society; Political
Science; Social Work and Sociology. Labour Studies is an
interdisciplinary subject area that focuses on all forms of work
(paid and unpaid) and links the work experience with gender,
racialization, state regulation, labour markets, environment, aging,
family life, the community and globalization. Labour Studies offers
a full range of undergraduate degrees, an MA in Work & Society and
has established educational links with labour and community groups.
Responsibilities will include undergraduate and graduate teaching,
supervision of graduate students, and building links with community
and labour groups. The successful candidate will be expected to
attract research funds and carry out an independent research
programme leading to peer-reviewed publications. Candidates should
have an interdisciplinary approach to studies in work issues, labour
and society and must have a Ph.D. in a relevant discipline.
All qualified candidates are encouraged to apply; however, Canadian
citizens and permanent residents will be considered first for this
position. McMaster University is strongly committed to employment
equity within its community, and to recruiting diverse faculty and
staff. The University encourages applications from all qualified
candidates, including women, members of visible minorities,
Aboriginal persons, members of sexual minorities and persons with
disabilities. This encouragement is in keeping with Labour Studies’
focus on the ways in which structural forces (e.g. social class,
gender, racialization, age, ability, sexuality, culture) affect
workers and their workplaces, and with our longstanding commitment
to teaching and research that reflects the diversity and concerns of
the community. Further information on Labour Studies and the Work
and Society MA can be found on the Labour Studies home page at
http://socserv.mcmaster.ca/labourstudies/.
Applicants should send a curriculum vitae, a statement of research
interests and plans, a statement of teaching philosophy and arrange
to have three letters of reference sent to Dr. Donald Wells,
Director, Labour Studies Programme, McMaster University, 1280 Main
Street West, Hamilton, Ontario L8S 4M4. The application deadline is
October 17, 2008. Labour Studies will only contact short listed
candidates.
Murphy Institute, CUNY
THREE FACULTY POSITIONS
Positions: Assistant or Associate Professor (Tenure Track) - 2
positions
Distinguished Lecturer - 1 position
Location/Department: Joseph S. Murphy Institute for Worker Education
and Labor Studies/School of Professional Studies
Closing Date: Open until filled with review of resumes to begin July
15, 2008
The Joseph S. Murphy Institute for Worker Education and Labor
Studies is seeking to fill three (3) faculty positions.
The Institute is a collaboration between the University and New York
City labor unions, for the purpose of serving the educational,
policy and research needs of unions and their members. The Institute
is comprised of two centers. The mission of the Center for Worker
Education is to: 1) offer undergraduate and graduate programs to
working adult students and union members; 2) expand access to
working adults in colleges throughout the CUNY system; and 3)
partner with labor unions and employers to address training and
education needs of union members. The Center for Labor, Community,
and Policy Studies conducts research, offers leadership development
programs, hosts forums and national conferences, publishes articles,
books and a national labor journal to promote debate on issues
critical to labor’s future and its policy role.
Candidates hired to these positions will teach undergraduate and/or
graduate courses in Labor Studies or Urban Studies, provide service
to the labor community, conduct research, and/or help build the
organizational and intellectual capacity of the Murphy Institute.
Additionally, candidates filling the Assistant/Associate Professor
positions will also develop curricula, and may be granted
release-time for administrative responsibilities.
QUALIFICATION REQUIREMENTS
Requirements differ for these faculty positions. For complete
details on candidate criteria (and posting notice number), go to
http://www.workered.org/Home/JobsInternships/tabid/89/Default.aspx
TO APPLY: Applicants must send a cover letter indicating position
applied for, C.V., and the names and telephone numbers of three
professional references to:
Address:
Dr. Gregory Mantsios
Director, Murphy Institute, CUNY
25 West 43rd Street, 19th Floor
New York, N.Y. 10036
Attn: [indicate position applying for]
Or via email:
MurphyInstitute@aol.com
Indicate position applying for in subject line.
Lectureship in Economic Sociology at
University of Greenwich
We have a new entry-level lectureship vacancy with a focus on
business networks.
Applicants should hold or be near completion a PhD in Economic
Sociology or a related discipline and have some ability to undertake
social network analysis.
For details please see:
http://www.gre.ac.uk/recruitment/1026g7/job-reference-1026g7
Top
Heterodox Conference Papers and Reports and Articles
International Joseph A. Schumpeter
Society Conference 2008
International Joseph A. Schumpeter Society Conference 2008 Papers
given at the conference can be found at
http://schumpeter2008.ie.ufrj.br/index.php
Symposium on Employer of Last Resort
The presentations given at the Symposium on Employer of Last Resort,
are now available online. A message from the event coordinator, as
well as the final program with links to the presentations are
available
here. You can also access this information by visiting
http://economistsforfullemployment.org/news/new.htm
Electronic Publication Makes Science
and Scholarship More Narrow
By James A. Evans
Summary: As journals become available electronically, scientists and
scholars have more articles at their fingertips, but they cite
fewer, more recent ones. Click
here to download the
paper.
Promise of Export Agriculture
Overstated for Latin America: New Report
Few winners under Doha, gains for Brazil and Argentina unlikely to
last
Agricultural trade liberalization has provided some countries in
Latin America with unprecedented export opportunities, but the
export boom has not generated sustainable development, say Mamerto
Pérez, Sergio Schlesinger, and Timothy A. Wise, authors of the new
report “The Promise and Perils of Agricultural Trade Liberalization:
Lessons from the Americas,” released by the Global Development and
Environment Institute (GDAE) of Tufts University and the Washington
Office on Latin America (WOLA).
“Most countries aren’t ready to compete in global commodities
markets,” says Timothy A. Wise of Tufts University, “and even
countries like Brazil and Argentina may see only short-term gains
for a few but long-term harm to many.”
The report is based on seven country-studies examining both the
promise of export agriculture – specifically the South American
soybean boom – and the perils of trade liberalization for
small-scale farmers in Latin America, with case studies from Mexico,
El Salvador, Bolivia, and Brazil.
“Latin America does not need more liberalization under Doha,” says
Wise, “it needs less. The region needs policy space for development,
so governments can help farmers grow food more productively.”
Among the report’s main findings:
- South America’s soybean industries are winners from global trade
liberalization, but few of the benefits go to rural communities.
Based on high-input, industrialized monoculture farming, employment
and wages have both declined despite dramatic increases in
production.
- Soy expansion offers short-term gain but promises lasting
ecological harm from expansion onto sensitive lands, squandering the
region’s rich natural assets. The agro-fuel boom only deepens this
problem.
- Only a few developing countries – Argentina and Brazil, most
notably – capture a large share of the projected benefits. The
poorest countries, and the small-scale farmers within those
countries, are the least likely to gain from global market
opportunities.
- Rich-country reforms reduce production and increase farm prices
only negligibly, with the exception of a few crops (e.g., cotton,
rice). In the long run, prices will return to pre-reform levels as
supply catches up to demand.
- With appropriate government investment – in productivity not just
anti-poverty programs – small-scale farmers can increase production.
This will help meet critical domestic food needs while reducing
poverty.
The 32-page report was jointly published by GDAE and the Washington
Office on Latin America. The report and a three-page executive
summary are available for download.
Download Summary:
http://www.ase.tufts.edu/gdae/Pubs/rp/AgricWGReportJuly08Summary.pdf
Download full report:
http://www.ase.tufts.edu/gdae/Pubs/rp/AgricWGReportJuly08.pdf
Further information on project:
http://ase.tufts.edu/gdae/WorkingGroupAgric.htm
For more on GDAE's Globalization and Sustainable Development
Program:
http://www.ase.tufts.edu/gdae/policy_research/globalization.html
Top
Heterodox Journals and
Newsletters
On The Horizon
Forthcoming Special Issue
Publishing, Refereeing, Rankings, and the Future of Heterodox
Economics edited by Wolfram Elsner and Frederic S.Lee
Click here for
detailed information.
Revista de Economía
Institucional
Issue No. 18 of the Revista de Economía Institucional can be found
at
http://www.economiainstitucional.com/eng/
History of Economics Review
No. 47, Winter 2008
Contents:
ARTICLES
- Schumpeter and Steindl on Growth and the Transformation to
Maturity in Capitalism
Harry Bloch and John Finch
- Poetry, Faith and Chivalry: Alfred Marshall’s Response to Modern
Socialism
Simon Cook
- A Letter From Keynes to Harlan McCracken dated 31st August 1933:
Why the Standard Story on the Origins of the General Theory Needs to
be Rewritten
Steven Kates
- Crank or Proto-Monetarist?: J.K. Gifford and the Cost-Push
Inflation Fallacy
J.E King and Alex Millmow
- History of Economic Thought at the University of Western
Australia: 1953 compared to 2003
Michael McLure
- A Restatement of Walras’ Theories of Capitalisation and Money
Aldo Montesano
COMMUNICATIONS AND NOTES FROM THE ARCHIVES
- The History Wars of Economics: The Classification Struggle in the
History of Economic Thought
Steven Kates and Alex Millmow
REVIEW ARTICLES
- On Paul Krugman on Maynard Keynes’ General Theory
Geoff Harcourt
- Keynes vs the Keynesians: Keynes Rediscovered
Colin Rogers
- Money and Inflation in a Macroeconomic Model with Indexed Bonds
Ernst Juerg Weber
BOOK REVIEWS
- Robert B. Ekelund and Robert F. Hébert, A History of Economic
Theory and Method
William Coleman
- Bert Mosselmans, William Stanley Jevons and the Cutting Edge of
Economics
Simon Cook
- J.E. King (ed.), A Biographical Dictionary of Australian and New
Zealand Economists
Craufurd Goodwin
- J.T. Knoedler et al., Thorstein Veblen and the Revival of Free
Market Capitalism
J.E. King
- Vilfredo Pareto, Considerations on the Fundamental Principles of
Pure Political Economy
Michael McLure
- Geoffrey Poitras (ed.), Pioneers of Financial Economics. Volume 1.
Contributions Prior to Irving Fisher
Gregory C.G. Moore
New Labor Forum
Leading Labor Journal’s
Summer Issue
Focuses on Labor in the Shifting Political Environment
New Labor Forum, a national labor journal owned and edited by the
Murphy Institute's Center for Worker Education and Labor Studies, at
the City University of New York, announces the release of its Summer
2008 issue that examines the interplay between low-wage workers
(particularly women) and the labor movement, amidst the backdrop of
an anticipated shift in the political climate.
To download these articles or to find out more about New Labor Forum
–
Visit the journal at:
www.informaworld.com/1095-7960
Cuadernos de
Relaciones Laborales
Adjuntamos un fichero con el sumario de
Cuadernos de Relaciones Laborales Vol. 26, num. 1, 2008, “Globalización
y sindicalismo”, coordinado por Fausto Miguelez, que se publicará
próximamente.
Así mismo le recordamos los títulos de los últimos números:
Cuadernos de Relaciones Laborales, Vol. 25, núm. 2, 2007, “La
transformación del derecho del trabajo”
Fernando Valdés Dal-Ré y Jesús Lahera Forteza (Coordinadores)
Cuadernos de Relaciones Laborales, Vol. 25, núm. 1, 2007, “Diez años
después de la ley de prevención de riesgos laborales”
Montserrat García Gómez (Coordinadora)
El contenido de todos los números de Cuadernos de Relaciones
Laborales, salvo los dos últimos, puede consultarse directamente en
el Portal de revistas Científicas de la UCM en la página:
http://www.ucm.es/BUCM/revistasBUC/portal/modulos.php?name=Revistas2&id=CRLA&col=1
The Economics of Peace and Security
Journal
Volume 3 Issue 2 containing a Symposium: Palestine - an economy in
conflict is now available to subscribers. Non-subscribers can access
the abstracts and contents pages.
See
http://www.epsjournal.org.uk/Vol3/No2/issue.php for
details
Forum for Social
Economics
Volume 37 Number 2 of Forum for Social Economics is now available at
Springerlink
In this issue:
- Robert Heilbroner and the Growing Concern with Poverty in the US
Steven Pressman
- Economics, Sociology, History: Notes on Their Loss of Unity, Their
Need for Re-integration and the Current Relevance of the Controversy
between Carl Menger and Gustav Schmoller
Dieter Bögenhold
- An Economic Definition of the Middle Class
Joseph G. Eisenhauer
- Comparative Institutional Advantage and the Appropriate
Development Model for Sub-Saharan Africa
Geoffrey E. Schneider
- A Critique of ‘Neoliberal Autonomy’: The Rhetoric of Ownership
Society
Rojhat B. Avsar
- Advances in Inequality Measurement and Usefulness of Statistical
Inference
Sourushe Zandvakili
- Revisiting the Relevance of International Trade Theory
Mark A. Lutz
Challenge
Volume 51 Number 4 / July-August 2008 of Challenge is now available
at
http://mesharpe.metapress.com.
This issue contains:
- Letter from the Editor
Jeff Madrick
- The Future of Inflation Targeting
Adam Posen
- The First-World Debt Crisis of 2007-2010 in Global Perspective
Robert Wade
- What Can We Really Learn from Growth Regressions?
Francisco Rodríguez
- The State as Strategic Manager?
Dan Breznitz, Carsten Zimmermann
- A New Dream of Europe? Invest in People!
Günther Schmid
- Crude Oil Prices: "Market Fundamentals" or Speculation?
Paul Davidson
- Reviews: Trade Theory Dissidents
William Milberg
Heterodox
Books and Book Series
Economics for Everyone: A Short Guide
to the Economics of Capitalism
Pluto Press, the Canadian Centre for Policy Alternatives, and
Fernwood Books have jointly published Economics for Everyone: A
Short Guide to the Economics of Capitalism (ISBN 9780745327501,
$24.95), by Jim Stanford. Jim is one of Canada's best-known
economists: he works for the Canadian Auto Workers, and writes a
regular economics column for the Globe and Mail.
This book fills a unique void in economics. It's a textbook for
activists. It provides a comprehensive description (and critique) of
free-market economics. But it's fully understandable to average,
non-specialist readers. Like trade union members. Activists.
Neighbours.
Economics for Everyone is punchy and readable, with short,
bite-sized chapters, and illustrated with cartoons and flow charts
by renowned political cartoonist Tony Biddle. Best of all, it is
completely free of technical jargon and mathematics.
When they've finished it, readers will understand the basic features
and relationships of modern-day capitalism. They'll see where
working people fit into the big economic picture – and the points of
opportunity where we can try to build a better, fairer system.
Most important, Economics for Everyone is backed by a comprehensive
set of web-based instructional materials (to be posted here in
Summer 2008) – including a course outline, lecture notes, student
exercises, and a glossary, all available for free on the web. This
book can thus be part of a broader, ready-made popular economics
course for unionists, activists, and just plain regular concerned
individuals.
www.economicsforeveryone.com
Hating the Job
New book tracks worker discontent
EPI senior writer David Kusnet has released a
new book tracking the growing unhappiness of skilled workers in
an age of extreme cost-cutting for short-term profits. Its title,
Love the Work, Hate the Job (Wiley 2008), sums up the premise well.
When pollsters ask people about both job satisfaction and work
satisfaction, they find that a majority love their careers but not
their working conditions. To illustrate why, Kusnet followed the
workers at four companies in the Seattle area--Microsoft, Boeing,
Kaiser Aluminum, and Northwest Hospital--in the turning-point year
of 2000. He tells the stories of skilled and dedicated workers
battling not so much for better pay and benefits as for respect and
a say in the future of the business. A former speechwriter for Bill
Clinton and co-author of the 2006 EPI book
Talking Past Each Other, Kusnet will discuss the book and sign
copies at EPI on Thursday July 31 at 3:30 p.m. Washington Post
columnist E.J. Dionne will moderate the discussion, which will also
feature Paul Almeida, president of the Department for Professional
Employees of the AFL-CIO and a leader of the Boeing engineers'
strike in 2000. RSVPs are now being accepted for this event.
Health care disparities a matter of life and death
Although life expectancy has grown for all Americans in recent
decades, the gains have been increasingly uneven and dependant on
income, as EPI economist Elise Gould shows in this week's
Economic Snapshot. In 1980, those with the highest
socio-economic status had a life expectancy 2.8 years higher than
those with the lowest status (75.8 versus 73.0 years, respectively).
By 2000, that gap had grown: those in the top tenth had attained a
life expectancy of 79.2 years-4.5 years more than those in the
bottom tenth. Disparities in life expectancy also increased between
the top and the middle tenth, and between the middle and the bottom.
Jared Bernstein: Keeping the blogosphere on track
EPI senior economist Jared Bernstein continues his prolific
blogging, including pieces on the near-disasters at Fannie Mae and
Freddie Mac (CNBC
Guest Blog), the need for labor law reform (TPM
Café), and the state of political economics (Huffington
Post)--all in one week. Also note that Bernstein will address
the Joint Economic Committee on July 23 on the serious impact of
rising household costs and stagnant wages in a slumping economy.
Karl Marx’s Grundrisse
Foundations of the critique of political economy 150 years later
Edited by Marcello Musto
http://www.routledgeeconomics.com/books/Karl-Marxs-Grundrisse-isbn9780415437493
Written between 1857 and 1858, the Grundrisse is the first draft of
Marx’s critique of political economy and, thus, also the initial
preparatory work on Capital. Despite its editorial vicissitudes and
late publication, Grundrisse contains numerous reflections on
matters that Marx did not develop elsewhere in his oeuvre and is
therefore extremely important for an overall interpretation of his
thought.
In this collection, various international experts in the field,
analysing the Grundrisse on the 150th anniversary of its
composition, present a Marx in many ways radically different from
the one who figures in the dominant currents of twentieth-century
Marxism. The book demonstrates the relevance of the Grundrisse to an
understanding of Capital and of Marx’s theoretical project as a
whole, which, as is well known, remained uncompleted. It also
highlights the continuing explanatory power of Marxian categories
for contemporary society and its present contradictions.
With contributions from such scholars as Eric Hobsbawm and Terrell
Carver, and covering subject areas such as political economy,
philosophy and Marxism, this book is likely to become required
reading for serious scholars of Marx across the world.
Reviews
"This volume promises to be required reading for all serious
students of Marx" Simon Clarke (University of Warwick, UK)
Table of Contents
1. Prologue, 2. Foreword, Eric Hobsbawn, Part I. Grundrisse:
Critical Interpretations, 3. History, Production and Method in the
1857 'Introduction' to the Grundrisse, Marcello Musto, 4. The
Concept of Value in Modern Economy. On the Relationship between
Money and Capital in ‘Grundrisse’, Joachim Bischoff – Christoph
Lieber, 5. Marx Conception of Alienation in ‘Grundrisse’, Terrell
Carver, 6. The Discovery of the Category of Surplus value, Enrique
Dussel,7. Historical Materialism in ‘Forms which precede Capitalist
Production’, Ellen Meiksins Wood, 8. Marx’s ‘Grundrisse’ and the
Ecological Contradictions of Capitalism, John Bellamy Foster, 9.
Emancipated Individuals in an Emancipated Society. Marx’s Sketch of
Post-Capitalist Society in the ‘Grundrisse’, Iring Fetscher, 10.
Rethinking ‘Capital’ in Light of the ‘Grundrisse’, Moishe Postone,
Part II. Marx at the time of Grundrisse, 11. Marx’s life at the time
of the ‘Grundrisse’. Biographical notes on 1857-8, Marcello Musto,
12. The First World Economic Crisis: Marx as an Economic Journalist,
Michael R. Krätke, 13. Marx’s ‘Books of Crisis’ of 1857-8, Michael
R. Krätke, Part III.Dissemination and reception of Grundrisse in the
world, 14. Dissemination and Reception of the ‘Grundrisse’ in the
world. Introduction, Marcello Musto, 15. Germany – Austria –
Switzerland, Ernst Theodor Mohl, 16. Russia – Soviet Union, Lyudmila
L. Vasina, 17. Japan, Hiroshi Uchida, 18. China, Zhongpu Zhang, 19.
France, André Tosel, 20. Italy, Mario Tronti 21. Cuba – Argentina –
Spain – Mexico, Pedro Ribas – Rafael Pla, 22. Czechoslovakia,
Stanislav Hubík, 23. Hungary, Ferenc L. Lendvai, 24. Romania,
Gheorghe Stoica, 25. USA – Britain – Australia – Canada, Christopher
J. Arthur, 26. Denmark, Birger Linde, 27. Yugoslavia, Lino Veljak
28. Iran, Kamran Nayeri, 29. Poland,Holger Politt, 30. Finland, Vesa
Oittinen, 31. Greece, John Milios, 32. Turkey, E. Ahmet Tonak, 33.
South Korea, Hogyun Kim, 34. Brazil – Portugal, José Paulo Netto
About the Author(s)
Marcello Musto is a Researcher at the University of Naples ‘L’Orientale’,
in Naples, Italy.
Routledge Studies in European Economy
Series
Economic Policy Proposals for Germany and
Europe
Edited by Ronald Schettkat and Jochem Langkau
This book offers a fresh, innovative analysis of contemporary German
economic policy, containing essays from non-Germanic,
internationally distinguished economists from around the world,
arguing for a more expansionary macroeconomic policy.
March 2008: 234x156: 192pp
Hb: 978-0-415-46084-2: £75.00
For further information about this title please click
here
Competitiveness of New Europe
Papers from the Second Lancut Economic Forum
Edited by Jan Winiecki
Edited by a leading scholar in transition economics, this book
examines the nations that make up the so-called 'New-Europe' to look
at the economic competitiveness in comparison with each other and
the rest of Europe.
August 2008: 234x156: 208pp
Hb: 978-0-415-45462-9: £75.00
For further information about this title please click
here
The Impact of European Integration on
Regional Structural Change and Cohesion
Edited by Christiane Krieger-Boden, Edgar Morgenroth and George
Petrakos
Edited by three European editors and spanning across Europe, this
excellent study focuses on the effects of the European integration
process on the inter-regional division of labour in both western and
Eastern European countries.
April 2008: 234x156: 336pp
Hb: 978-0-415-40024-4: £65.00
For further information about this title please click
here
New for 2009
Beyond Market Access for Economic Development
Edited by Gerrit Faber and Jan Orbie
Starting from the observation that the establishment of free trade
as such will substantially impact upon economic development, the
different contributions focus on the potential contribution of
non-traditional aspects of EPAs.
April 2009: 234x156: 288pp
Hb: 978-0-415-48260-8: £75.00
For further information about this title please click
here
Deregulation and the Airline Business in
Europe
Sean Barrett
Written by a longstanding expert in the field, this book examines
the deregulation of the airline industry and the rise of low cost
airlines, specifically the success of Ryanair as a key case study.
February 2009: 234x156: 288pp
Hb: 978-0-415-44722-5: £70.00
For further information about this title please click
here
The Political Economy of the European Social
Model
Philip B. Whyman, Mark Baimbridge and Andrew Mullen
This book seeks to analyse the development of the EU arguing that
the the principle of free movement of capital, goods, services and
people is fundamentally at odds with the creation of an
interventionist regime.
November 2009: 234x156: 288pp
Hb: 978-0-415-47629-4: £70.00
For further information about this title please click
here
Young Workers in the Global Economy
YOUNG WORKERS IN THE GLOBAL ECONOMY: JOB CHALLENGES IN NORTH
AMERICA, EUROPE AND JAPAN, ed. by Gregory DeFreitas (published by
Edward Elgar)
Our international group of economists and sociologists tried to
provide non-technical introductions to the tough challenges now
facing youth in the US and other advanced economies and to important
differences in the ways that other countries have coped with them.
In doing so, we also suggest a number of promising policies and
strategies to improve young people’s economic futures. And we think
that the book adds something of interest on a host of controversial
topics, including: youth unemployment, earnings mobility,
racial/ethnic and gender inequalities, training quality and access,
job hazards, health insurance coverage, immigration, minimum wage
laws, union organizing, and global economic competition.
If it sounds interesting to you, please order copies for your
university library and consider it for your classes. More info is
available on the publisher’s website:
http://www.e-elgar.com/bookentry_mainUS.lasso?id=12832
Chicago Fundamentalism
Ideology and Methodology in Economics by Craig F Freedman (Macquarie
University, Australia)
472pp Pub. date: Aug 2008
ISBN 978-981-281-199-8
981-281-199-0 US$88 / £48
http://www.worldscibooks.com/economics/6809.html
Cold-war ideology infected the development of economics in ways its
practitioners were often not fully aware. The Chicago
counter-revolution against the dominant post-war triumph of
Keynesian analysis had an essential subtext, a perceived struggle
between freedom and collective slavery. Ideological objectives
subsequently influenced methodological concerns, pushing economists
to adopt the zero-sum tactics of the courtroom rather than the
mutually beneficial manners of the senior common room. In these
ideologically charged times, economists stopped reading opposing
views carefully, seeking instead to dismiss, out of hand,
uncongenial ideas.
In this collection of previously published and new material, Craig
Freedman examines the problem of ideology through the reflection
cast by the architects of the Chicago counter-revolution, George
Stigler and Milton Friedman. The second half of the volume
demonstrates the legacy of these ideological fires, namely a
profession where the methodology of careless reading and zero-sum
exchanges have persisted and come to dominate.
Contents:
Resurrecting the Chicago Revolution: The Cold War and the Economics
Profession:
George Stigler:
Power Without Glory - George Stigler's Market Leviathan
Countervailing Egos - Stigler versus Galbraith Do Great Economists
Make Great Teachers? - George Stigler as a Dissertation Supervisor
Milton Friedman:
Entre Nous - A Review of the Friedman-Stigler Correspondence Not for
Love nor Money: Milton Friedman's Counter- Revolution
Method or Madness - Why Methodology Matters:
Why Economists Can't Read
Animal Spirits in His Soup: A Look at the Methodology and Rhetoric
of The General Theory Court Jesters, House Gadflies and Economic
Critics and other papers
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Heterodox Book Reviews
Hedonic Man
The new economics and the pursuit of happiness.
Alan Wolfe, The New Republic
Click
here to download the review.
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The HEN-IRE-FPH Project
HEN-IRE-FPH project for Developing
Heterodox Economics Through Debate and Dialogue on the Economy
The Heterodox Economics Newsletter, The International Initiative for
Rethinking the Economy (IRE), and the Charles Leopold Mayer
Foundation for the Progress of Humankind (FPH) (
www.fph.ch ) have undertaken a joint
project to promote the development of heterodox economics. It
involves publishing in the Newsletter reviews, analytical summaries,
or commentary of articles, books, book chapters, theses,
dissertations, government reports, etc. that relate to the following
themes: diversity of economic approaches, regulation of goods and
services, currency and finance, and trade regimes. These themes
relate to heterodox economics and to the open and pluralistic
intellectual debates in economics. It is hoped that the reviews will
contribute to strengthening the community of heterodox economists,
and to the development of heterodox economic theory through the
dissemination of ideas/arguments. The final aim of this project is
to help heterodox economists come up with new proposals, both
theoretical and applied. The reviews will be published in the
Newsletter and will also be put on the IRE website
http://www.institut-gouvernance.org/spip.php?rubrique142.
For further information about the project, material available for
reviewing, and about reviewing the material
click here. Anyone
interested in contributing to and reviewing material for the
HEN-IRE-FPH project should contact Fred Lee, Editor of the
Newsletter by email ( leefs@umkc.edu
). I am particularly interested in getting recommendations of
material that should be reviewed.
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Heterodox
Graduate Program and PhD Scholarships
Keele
University
The Institute for Public Policy and Management at Keele University,
in collaboration with Brittania Building Society, is advertising a
research studentship for doctoral study at the intersection of
marketing and organisation / institutional theory.
This full-time CASE studentship is for 3 years from 1st October 2008
(start date negotiable) and carries an enhanced stipend of £14,940
and generous support for advanced training.
Applicants should have completed a research training course at
Masters Level recognised by the ESRC, or have an equivalent
qualification or experience. Applicants must also have established
UK residency.
Full application packs are available at the Institute's website at:
http://www.keele.ac.uk/research/ppm/
The deadline for applications is Monday 1st September 2008.
For an informal discussion about the studentship, please contact
Professor Matthias Klaes (
m.klaes@keele.ac.uk ) or Professor Rolland Munro
(r.munro@mngt.keele.ac.uk
or 01782 583 428) or Dr Liz Parsons
(e.parsons@mngt.keele.ac.uk or 01782 583 426). For
administrative enquiries, please contact Tracey Wood
(t.wood@ippm.keele.ac.uk
or 01782 584 577).
University of
Macerata
The "Dipartimento di Studi sullo sviluppo economico" (
http://zope.unimc.it/dsse )
and the "Scuola di Dottorato" of the University of Macerata (
http://www.unimc.it/ ) invites
applications from students wishing to undertake a three-year
programme leading to a doctoral degree in the field of the "European
Tradition in Economic Thought".
- Applications can be downloaded from:
http://celfi.unimc.it/sda/
---> Bandi di Concorso e Graduatorie.
- Applications should reach the University of Macerata before the
deadline (September, 5, 2008).
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Queries from Heterodox
Economists
Linda Kaucher
I have received a request for information from a colleague - Linda
Kaucher of the LSE. If anyone is teaching a critical view of the
neoliberal international trade agenda, or knows where such a course
is being taught, could they get in touch with Linda at
L.L.Kaucher@lse.ac.uk .
Top
For Your Information
The Shock
Doctrine: The Rise of Disaster Capitalism
Here is an interesting short film that is related to the book titled
"The Shock Doctrine: The Rise of Disaster Capitalism" by Naomi
Klein.
http://www.naomiklein.org/main
The Evolution of Economic
Rationality: Do Monkeys Understand Money?
By Roy F. Baumeister on July 15, 2008 in Cultural Animal
Click
here to download the paper.
Gone, and Being
Forgotten
Why are some of the greatest thinkers being expelled from their
disciplines?
By RUSSELL JACOBY
Click
here to download the paper.
Post-Keynesian Growth and
Income Distribution Tour
ADEK Productions present the
Post-Keynesian Growth
and Income Distribution Tour.
Neuroeconomics
The July 26th issue of The Economist has in interesting article on
Neuroeconomics which you can read at
http://www.economist.com/finance/displaystory.cfm?story_id=11785391.
'Political' Views and
Economists
http://www.insidehighered.com/news/2008/07/25/pc
http://www.bepress.com/forum/vol6/iss2/art8/?sending=10251
http://www.bepress.com/cgi/viewcontent.cgi?article=1248&context=forum
Unequal America
http://www.truthout.org/article/unequal-america
Elizabeth Gudrais reports for Harvard Magazine: "When Majid Ezzati
thinks about declining life expectancy, he says, 'I think of an
epidemic like HIV, or I think of the collapse of a social system,
like in the former Soviet Union.' But such a decline is happening
right now in some parts of the United States. Between 1983 and 1999,
men's life expectancy decreased in more than 50 U.S. counties,
according to a recent study by Ezzati, associate professor of
international health at the Harvard School of Public Health (HSPH),
and colleagues.... The United States no longer boasts anywhere near
the world's longest life expectancy. It doesn't even make the top
40. In this and many other ways, the richest nation on earth is not
the healthiest. Ezzati's finding is unsettling on its face, but
scholars find further cause for concern in the pattern of health
disparities. Poor health is not distributed evenly across the
population, but concentrated among the disadvantaged."
Figure It Out by Matthew Reisz
While wrestling, crime, sex and tulipmania spice up popular books on
economics, the academic discipline often remains impenetrable.
Matthew Reisz considers the costs and benefits of complexity
http://www.timeshighereducation.co.uk/story.asp?sectioncode=26&storycode=402499&c=2
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