From the Editor
I often get comments saying
that the term ‘heterodox economics’ is very
unclear; and I have also gotten comments saying
that heterodox economists should really stop
trying to be so heterodox and should become more
mainstream. The curious thing about those
statements is that in 1991 Charles Barone wrote
a very interesting article (click here) about
the teaching of heterodox economics within the
undergraduate major in economics at Dickinson
College—and his definition of heterodox
economics was very clear and pretty much the
same as it is today. And no one made the comment
at the time that Barone and his heterodox
colleagues should be being more mainstream-like
and hence should not be doing this. Perhaps the
statements is really an attempt to deflect
heterodox economists from the fact that
heterodox economics is a well-defined term and
that it is emerging as a well-established
alternative to mainstream economics.
On a different topic, in the FYI section there
is an entry on the Milton Friedman Institute.
The controversy that has arisen over its
proposed establishment at the University of
Chicago poses a number of hard questions to
heterodox economists—one being if in opposing
the establishment of the Institute is a
heterodox economist suppressing free inquiry and
acting anti-pluralistic. Answers to this
question and others are not so obvious once the
social-intellectual context vis-à-vis the
academy, academic diversity, and the economics
profession are taken into account. I do urge
heterodox economists to become aware of the
issues being raise, debate them with other
heterodox (and mainstream) economists, and if so
moved become involved in the controversy in the
manner that you think is best.
Finally, a few short notes. First, I received
the following noted from the Japan Society of
Political Economy concerning its 56th Annual
Conference:
The JSPE -- the Japan
Society of Political Economy -- previously
submitted the Call for Papers for our 56th
Annual Conference, 2008, held at Kyushu
University, Japan. However, we showed a wrong
e-mail address for the application on our JSPE
website in error. There is probability that some
applications did not reach us. So, we would like
to ask the applicants who sent the proposal but
not received any contact from us to send their
applications again at the following correct
e-mail address:
jspecice@jspe.gr.jp
We are very sorry for this inconvenience, but we
look forward to seeing you at our 56th Annual
Conference in beautiful Kyushu Island, Japan.
Thank you very much for you in advance.
Prof. Shinjiro HAGIWARA
Chairman of the JSPE Committee for International
Communication and Exchange
Second, registration for the ASSA opens on
September 4th. Register early!
Last, the job market season is upon us, so if
you are advertising for positions please send
your adverts to me so that I can put them in the
Newsletter.
Fred Lee
In
this issue:
|
Call for Papers |
|
- The International Journal of Pluralism
and Economics Education
- Third History of Recent Economics Conference (HISRECO
2009)
- The Association for Institutional Thought’s (AFIT)
- "Macroeconomic Policies on Shaky Foundations – Whither
Mainstream Economics?"
- 4th South Asia Conference on Trade and Development 2008
- URPE
|
|
Conferences, Seminars and Lectures |
|
- AFEE Program
- Grupo de Estudios de Política Económica (GEPEC)
- A Social Research Conference at The New School
- SCEME/PKSG Workshop
|
|
Job Postings for Heterodox Economists |
|
- Queen’s University, Kingston, ON
- The University of Sydney
- National University of Ireland, Galway
- Franklin & Marshall College
- University of Washington Tacoma
|
|
Heterodox Conference Papers and
Reports and Articles |
|
- The Works of Pierangelo Garegnani
- "Reflections on Theory, Method, and Practice in
Comparative and International Education" by Steven Klees
- Macroeconomic Policy Institute Papers
- EFE Papers
- The Limited Promise of Agricultural Trade Liberalization |
|
Heterodox Journals and Newsletters |
|
- On The Horizon
- Review of Social Economy
- Marshall Studies Bulletin (Volume 10, 2008)
- International Review of Applied Economics
- Associative Economics Bulletin
- OIKOS: Revista de Economia Heterodoxa
- Investigacion Economica
- Levy News
- The European Journal of the History of Economic Thought
- Rethinking Marxism
- Cuadernos De Relaciones Laborales
|
|
Heterodox Books and Book Series |
|
- Integrity and Agreement: Economics
When Principles Also Matter
- Thomas Frank | Follow This Dime
- Solidarity Economy
- Mass Appraisal Methods
- The Keynesian Multiplier
- The Structure of Post-Keynesian Economics
- The Generation of Business Fluctuations
- Microeconomics in Context and Macroeconomics in Context
- Mindful Economics
- International Political Economy: Contrasting World Views
- Edward Elgar Books
- The Genesis of Innovation
- Powerful Finance and Innovation Trends in a High-Risk
Economy
- L’innovation pour le développement. Enjeux globaux et
opportunités locales
- L'économie Russe depuis 1990
- La Russie Européenne
- La gouvernance de l’innovation
|
|
Heterodox Book Reviews |
|
- The Economics of the Great Depression
- The Creation and Destruction of Social Capital
- Keynes and His Battles |
|
The HEN-IRE-FPH Project |
|
- The HEN-IRE-FPH Project for Developing Heterodox Economics
and Rethinking the Economy Through Debate and Dialogue |
|
Heterodox Graduate Program and PhD
Scholarships |
|
- King's College, London |
|
Heterodox Websites |
|
- Brazilian Keynesian Association
- Palgrave Econolog
- The Economics of Social Ownership
- Research Network on Innovation |
|
For
Your Information |
|
- Solidarity Economy: A Short
Description
- “Is There an Oil Shortage?"
- William R. Waters Research Grant
- EEA announces the Koford Prize
- URPE Reality Tour: Chinatown
- Economic Policy Institute Cocktail Reception
- Book Recommendations
- Europa Riformista
- Center for Global Justice
- Milton Friedman Institute |
|
|
Call for Papers
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,
jreardon02@hamline.edu
Third History of Recent Economics
Conference (HISRECO 2009)
11-13 June 2009, University of Antwerp, Belgium
The Second World War and its aftermath marked a major stage in the
establishment of economics as one of the dominant discourses in
contemporary societies. The spread of economic ideas into many areas
of
social life invites mutually profitable engagements between
historians of economics, economists, other social scientists and
historians of science. It also presents great potential for those
working on the
history of economics to broaden their audience beyond those that
they have traditionally addressed.
The past decade has been witness to a surging interest in the
history of economics post-WWII. This new scholarship has made good
use of newly available source-materials, rehearsed new methodologies
for
the study of the past and looked across disciplinary boundaries for
insights. The first two HISRECO conferences offered wide-ranging
samples of this work, with contributions focusing on topics as
varied as
the origins of recent schools and subfields, the impact of new
techniques, and the intellectual trajectories of pioneering
economists. For the third consecutive year, we are inviting
submissions of papers on the
post-WWII era. Papers that deal with the period leading up to this
may be considered, but only if they shed significant light on
subsequent developments. Though all proposals will be carefully
considered, our
preference is for papers that place post-war economics in a broader
context, whether this is parallel developments in other social
sciences, politics, culture or economic challenges. To this end, we
solicit
proposals from scholars trained in history, economics, sociology, or
any field that may yield insights. Proposals from doctoral students
and junior researchers are actively encouraged.
If you are interested in participating, please submit a proposal
containing roughly 500 words and indicating clearly the original
contribution of the paper (if you have a draft of the paper, we
would be happy to
see that though would appreciate an abstract as well). The deadline
for the submission of paper proposals is 30 October 2008.
Notice of acceptance or rejection will be sent by 15 December 2008
and completed papers will be due on 1 April 2009 so that we can
provide feedback and then give discussants time to prepare
worthwhile
comments.
Proposals should be sent electronically to
hisreco@ua.ac.be . For
your convenience a standard submission form can be downloaded from
the conference
website
. For further information about the conference please contact
Guido Erreygers (
guido.erreygers@ua.ac.be ).
The organising committee consists of Roger Backhouse, Guido
Erreygers, Philippe Fontaine and Tiago Mata. Information on previous
HISRECO conferences can be found here:
http://www.hisreco.org/.
The Association for Institutional
Thought’s (AFIT)
The Association for Institutional Thought’s (AFIT) annual meeting
will be held April 15-18 in Albuquerque New Mexico. For those
unfamiliar with AFIT, the annual meeting provides a relaxed
atmosphere to
interact with colleagues, share research, and pursue new ideas. This
collegial environment affords an excellent opportunity for those
interested in, but less familiar with, Institutional economics to
learn more.
Likewise, graduate students can share their work and receive
critical and thoughtful feedback from established scholars.
Albuquerque is a delightful city, and for those of us from northern
climates, affords an early opportunity to experience spring. While
the collegiality, warm weather, and delicious cuisine are reason
enough to
attend the conference, this year’s meeting offers an additional
incentive: it will be AFIT’s 30th anniversary! Appropriately, we
will be hearing from some of our founding members; about their long
term
experiences with AFIT, the legacy of Institutional economics, and
the viability of its intellectual traditions as we move forward as
an association.
2009 CALL FOR PAPERS
The annual meeting and 30th anniversary of AFIT will be held April
15-18, 2009
Albuquerque, New Mexico
Hyatt Regency, Downtown
In conjunction with the Western Social Science Association (WSSA)
51st Annual Conference
Theme for the 2009 Conference: Economics When People Matter
Click
here for detailed information.
"Macroeconomic Policies on Shaky
Foundations – Whither Mainstream Economics?"
The Research Network Macroeconomics and Macroeconomic Policies
organises its 12th conference on ‘Macroeconomic Policies on Shaky
Foundations – Whither Mainstream Economics?’, 31 October – 1
November 2008, in Berlin.
Mainstream economics seems to be changing. The homo economicus has
repeatedly been called into questions; many macroeconomic models are
not based on a market clearing equilibrium any more. How
profound are these changes in mainstream economics? What, if any, is
the new orthodoxy in macroeconomics? What are the implications for
Post-Keynesian macroeconomics? And how is the relationship
between these developments and macroeconomic policies? The 12th
conference of the Research Network will address these developments
and questions.
Invited papers by: Bruno Amable (Diversity of capitalism and
macroeconomic policy), Philip Arestis (New Consensus macroeconomics
and Keynesian critique), David Colander (How did macro theory get so
far off track, and what can heterodox macroeconomists do to get it
back on track?), Sheila Dow (Variety of opinion in mainstream
economics: monetary policy-making by committee), Charles Goodhart
(The
continuing muddles of monetary theory: a steadfast refusal to face
facts), John King (Microfoundations?), Marc Lavoie (Towards a
post-Keynesian consensus in macroeconomics: Reconciling the
Cambridge
and the Wall Street views), Tom Palley (Macroeconomic policies and
the modern mainstream in economics), Hans-Michael Trautwein (The new
neoclassical synthesis: what renaissance?), and Gennaro Zezza
(Fiscal policy in a model of the U.S. economy).
The detailed conference programme will be online at the conference
website in September:
http://www.boeckler.de/33_91949.html
Registration form:
http://www.boeckler.de/pdf/v_2008_10_31_registration.pdf
4th South Asia Conference on Trade
and Development 2008
The Centre for Trade and Development (Centad), New Delhi will hold
its 4th South Asia Conference on Trade and Development in December,
2008. Centad is an independent, not-for-profit organisation that
conducts policy research and advocacy on issues around trade and
development, with a focus on South Asia.
The South Asia Conference on Trade and Development is an annual
conference organised by Centad that brings together representatives
of diverse interest groups from all South Asian countries for
analyzing the implications of contemporary developments in different
international economic and developmental institutions including the
WTO from the perspective of South Asian interests. Eminent
academicians on trade and development issues as well as policy
makers, trade negotiators, chambers of commerce, research
think-tanks and civil society organisations from the South Asian
countries take part in this conference. The conference facilitates
an exchange of views from the participants regarding the prospects
and concerns that the different countries from South Asia have, with
the objective of developing a shared understanding of the
developmental interests and concerns of the countries from South
Asia with a focus on the impact of trade and development regimes on
vulnerable groups in South Asia.
Centad invites academic and policy researchers, government
officials, doctoral students, trade and business observers and any
other interested person from diverse disciplines like economics,
developmental studies, social sciences and law to submit completed
papers on the following themes from the perspective of a South Asian
country or the South Asian region.
For details, please click the link below:
http://centad.org/announcement_59.asp
The last date for submission of completed papers is September 30,
2008. The soft copy of the paper can be mailed at
sactd08@centad.org
with “Call for Papers” as subject line.
URPE
URPE at the Eastern Economics Association Annual Conference February
27-March 1, 2009 New York City
URPE members are invited to submit papers and organize entire
sessions for this year?s Eastern Economics Association Annual
Conference to be held in New York City the last weekend in February,
2009 (see http://www.iona.edu/eea/ for further logistic details,
etc.).
ORGANIZED SESSIONS ARE ESPECIALLY WELCOME!
In its second year, we hope to make URPE @EEA especially significant
for junior faculty and advanced graduate student members of URPE. It
is an opportunity to get experience in session-organizing and
becoming connected professionally as well as an opportunity to
present very interesting research in heterodox theory and empirics.
The DEADLINE for paper and panel proposals is October 31, 2008.
Please make all inquiries and submissions care of Scott Carter at
the URPE@EEA email address:
URPE_AT_EEA@yahoo.com
RULES for submissions to URPE@EEA:
1. All presenters must be dues-paying URPE members by the time of
the deadline (October 31, 2008) 2. URPE membership is not a
requirement for discussants 3. Eastern Economics Association
membership criteria apply (see
http://www.iona.edu/eea/ for further details for EEA
criteria)
Top
Conferences, Seminars
and Lectures
AFEE Program
The AFEE program for the ASSA meetings in San Francisco is now
posted on the AFEE web site. You can find it at:
http://www.orgs.bucknell.edu/afee/AnnualMeeting.htm.
Grupo de Estudios de Política
Económica (GEPEC)
Te invitamos a este espacio de discusión sobre Política y Coyuntura
Macroeconómica, pluralista y horizontal.
Los Grupos de Estudio e Investigación están articulados en 4 grandes
ejes. Podés mandarnos un mail a gepec@baseuba.com.ar o venir
directamente a las próximas reuniones. El punto de encuentro es
siempre la puerta del Instituto de Investigaciones Económicas (enfrente
del aula 106).
Próximas reuniones:
- Distribución del Ingreso y Situación Laboral: ¡Escribinos para
enterarte!
- Recursos Naturales y Energía: lunes 11/8, 17:00hs.
- Coyuntura y Políticas Fiscales, Monetarias y Cambiarias: viernes
8/8, 18:30hs.
- Producción Industrial, Infraestructura y Transporte: ¡Escribinos
para enterarte!
Escribinos a
gepec@baseuba.com.ar o entrá a
www.baseuba.com.ar
para más info.
Sumate. Opiná. Participá. Transformá.
¿Qué es el GEPEC? La discusión de teorías alternativas a la
ortodoxia liberal (que venimos desarrollando desde la Escuelita de
Economía Política, junto a SOS, Germen y otros estudiantes
independientes) no es la única deuda pendiente en cuanto al
contenido de las carreras de nuestra facultad. Tampoco se analiza el
discurso económico (bache que intentamos suplir organizando el
taller de Periodismo Económico) ni la Política Económica.
Respecto a esto último, en la facultad se estudian sólo modelos en
los cuales un “policy maker” lleva a cabo una determinada política
económica. Los objetivos deseables que esa política debería tener
son indicados por los manuales de moda, abstraidos de los intereses
que los hacedores de política económica puedan tener y de la
influencia de los grupos de presión. Es decir, completamente fuera
de contexto y sin considerar el sistema económico en el cual esa
política económica se aplica. Ejemplo de esto es cómo la inflación,
el desempleo y los salarios (entre otros) son estudiados como
fenómenos que nada tienen que ver con pujas de diferentes grupos
sociales y económicos. Por otra parte, en ninguna materia de la
carrera se discute coyuntura macroeconómica: el lugar para la
política económica siempre queda relegado a las pocas materias de
historia de la carrera.
Con el mismo espíritu crítico de siempre y apuntando a construir
alternativas, desde el BASE| este año lanzamos los GRUPOS DE
ESTUDIOS DE POLÍTICA ECONÓMICA (GEPEC), como espacio de discusión
sobre Política y Coyuntura Macroeconómica.
A Social Research Conference at The
New School
Free Inquiry at Risk: Universities in Dangerous Times
Wednesday-Friday, October 29-31, 2008
http://www.socres.org/freeinquiry/
Rapid globalization, international collaborations, massification,
corporate partnerships, increasing number of franchises, regime
change, and other conditions of duress are reshaping universities
around the world. What are the benefits and what are the risks to
academic freedom and free inquiry as universities navigate these
trends? This conference will look backward at the role of academic
freedom and free inquiry in research universities and forward to
what the future may have in store.
This conference will be part of our commemoration of the 75th
anniversary of the University in Exile, which was created by Alvin
Johnson, the first president of The New School, as a haven for the
scholars he rescued from the horrors of Hitler. The University in
Exile became the Graduate Faculty of The New School for Social
Research and gave birth to our journal, Social Research.
This conference is made possible with generous support from the Ford
Foundation, Carnegie Corporation of New York, and Eugene Lang
College, The New School for Liberal Arts.
SCEME/PKSG Workshop
This is a reminder of the joint workshop on Methodology After Keynes
in Stirling on 20 September, to be led by Anna Carabelli. The
programme, registration form and additional information are
available at
http://www.economics.stir.ac.uk/SCEME/events.htm
Registrations should be sent in by 5 September. Hope to see you
there.
Top
Job Postings for
Heterodox Economists
Queen’s University, Kingston, ON
Department of Global Development Studies
www.queensu.ca/devs
The Department of Global Development Studies invites applications by
outstanding scholars for a faculty appointment at the rank of
Assistant or Associate Professor under the Queen's National Scholars
(QNS) Program
(http://www.queensu.ca/principal/funding/nationalscholar.html).
There are no regional or thematic preferences for the appointment,
but applicants are encouraged to demonstrate how they would
complement the teaching and research foci of the department.
The main selection criterion is academic excellence. Preference will
be given to scholars in early- or mid-career stages that have shown
evidence of outstanding achievements in research and scholarship,
and of achieved or potential excellence in teaching. The University
invites applications from all qualified individuals; however
Canadian citizens and Permanent Residents will be given priority.
Queen’s is committed to employment equity and diversity in the
workplace and welcomes applications from women, visible minorities,
aboriginal people, persons with disabilities, and persons of any
sexual orientation or gender identity. The academic staff at Queen's
University are governed by a Collective Agreement between the
Queen's University Faculty Association (QUFA) and the University
which is posted at www.qufa.ca .
Complete applications must include: a curriculum vitae; a statement
of current and prospective research interests; a statement about
teaching experience or potential; and three letters of reference.
Completed applications and all letters of reference should be sent
to Dr. David McDonald, Director, Department of Global Development
Studies, Queen’s University, Kingston, ON, Canada, K7L 3N6 (Tel:
(613) 533 3301; Fax: (613) 533 2986) by October 10, 2008.
The University of Sydney
Lecturer in Political Economy
School of Social and Political Sciences
Faculty of Arts
Reference No. 135715
The Faculty of Arts, one of the top fifteen Arts faculties in the
world, prides itself on a longstanding tradition of intellectual
rigor and a vibrant research and teaching environment. We offer the
most comprehensive and diverse range of humanities and social
sciences in the Asia Pacific and it is in this spirit that we have
created our newest school, the School of Social and Political
Sciences (SSPS).
SSPS is experiencing exciting growth and change during its first
year of existence; attracting high-calibre students to innovative
social science courses as we build our capability and employ new
talent to drive the School and Faculty forward. SSPS’s Department of
Political Economy is devoted to fostering a critical perspective on
the content and evolution of economic theories such as Marxian,
classical, neoclassical, Keynesian, post-Keynesian, institutional
and feminist economics. There is also a strong focus on analysis of
the social foundations of economic activity, globalisation, economic
development, class, gender and economic policy.
We are currently seeking an experienced Lecturer in Political
Economy to join our groundbreaking School and contribute
high-quality teaching and research abilities to our dynamic
environment. Along with an expertise in economic theory and policy,
you will bring with you an established track record of high-quality
research publications and clear potential for future international
and national journal publications.
You will be a highly-valued asset to our rapidly growing
institution; providing effective teaching, contributing to
curriculum development and seeking new links to other social
sciences. This role will require you to hold a PhD or equivalent in
Political Economy, Economics or a closely related field, and ideally
administrative skills or prior experience in thesis or dissertation
supervision.
This is an unprecedented juncture in our development; today’s ideas
become tomorrow’s actions and academics come together to foster
interdepartmental initiatives in teaching and research across the
full spectrum of social sciences. The School combines the following
departments: Anthropology; Government and International Relations;
Peace and Conflict Studies; Political Economy; and Sociology and
Social Policy.
This position is full-time continuing, subject to the completion of
a satisfactory probation period for new appointees. Membership of a
University approved superannuation scheme is a condition of
employment for new appointees.
Remuneration package: $86,731 - $102,993 p.a. (which includes a base
salary Lecturer Level B $73,289 - $87,030 p.a., leave loading and up
to 17% employer’s contribution to superannuation).
For more information or to apply online, please visit
http://positions.usyd.edu.au/heterodox1
Specific enquiries about the role can be directed to Professor Frank
Stilwell on (+61 2) 9351 3063 or via email: f.stilwell@usyd.edu.au
Closing Date: 12 September 2008
National University of Ireland,
Galway
Lecturer (Above/Below the Bar) in Economics
(Rural Development/Environmental & Natural Resource Economics)
The Department of Economics together with the Irish Centre for Rural
Transformation and Sustainability (ICERTS), a multidisciplinary
research centre, has built up a very significant programme of
research, research training and teaching in Rural Development. The
Department now wishes to appoint an Economist with the necessary
research and teaching skills to play a leading role in enhancing the
capacity of the Department (
www.economics.nuigalway.ie/ ) and ICERTS (
www.nuigalway.ie/icerts/
) in this area.
Candidates should hold a PhD in economics, agricultural economics or
a related area and should have strong modelling and econometric
skills in rural development, environment and agriculture. They
should have a strong research record and demonstrate potential to
lead research teams, attract research funding and deliver research
programmes.
Applicants will be considered as applicants at both levels unless it
is specifically stated that the applicant wishes to be considered
for appointment at one level only.
The successful candidate will contribute to the teaching programmes
of the Department, especially in the different areas of rural
development including agriculture, rural enterprise, environment and
natural resource economics. He/she will contribute to the research
activity of the Department through linking into existing projects in
ICERTS and developing new lines of research by attracting research
funding in specific areas of rural development. The successful
candidate will play a significant role in developing the
Department’s PhD programme in attracting and supervising students.
Closing date for receipt of applications is 5pm Friday, 5th
September 2008
Salary: €64,663 x 4 = €85,562 p.a. (Above the Bar)
Salary: €41,667x 10 = €59,098 p.a. (Below the Bar)
Further information is available from the HR Office:
http://www.nuigalway.ie/vacancies;
Email: hr@nuigalway.ie; Tel. 353 91 492151; Fax 353 91 494523
Candidates should submit six hard copies of their application (i.e.
cv, application form, covering letter), with the names and addresses
of at least three and not more than five referees to:
The Human Resources Office,
National University of Ireland, Galway,
Galway.
Please note that applications by email or fax will be rejected.
National University of Ireland, Galway is an equal opportunities
employer.
Franklin & Marshall College
Visiting Instructor or Visiting Assistant Professor of Economics
Franklin & Marshall College
Location: Lancaster, PA
Faculty - Liberal Arts - Economics
Posted: 07/31/2008
Application Due: 10/13/2008
Type: Full Time
D - Microeconomics
E - Macroeconomics and Monetary Economics
The Department of Economics at Franklin & Marshall College invites
applications for a 1.5-year position at the Visiting Instructor or
Visiting Assistant Professor level, beginning Spring 2009. Teaching
experience required. Teaching load is 3/2 and may include
participation in the College's general education program. The
teaching load will likely include two sections of introductory
economics and an intermediate micro, macro or elective course chosen
in consultation with the Department. We welcome applications from
candidates with specializations in any field of economics. Salary
and benefits are competitive.
Candidates should send a letter of application, curriculum vitae,
graduate transcript, three letters of recommendation, a teaching
statement, a research statement, and teaching evaluations to Tami
Lantz, Department Coordinator, Department of Economics, Franklin &
Marshall College, P.O. Box 3003, Lancaster, PA 17604-3003.
Applications may be submitted electronically by e-mail to
tami.lantz@fandm.edu. Please reference job #1 in your
correspondence. Review of applications will begin immediately.
Deadline for applications is Oct. 13, 2008
Franklin & Marshall College is a highly selective liberal arts
college with a demonstrated commitment to cultural pluralism. EOE
Application Information
Apply for this Position through My HigherEdJobs
Contact: Tami Lantz, Academic Coordinator
Economics Department
Franklin & Marshall College
Phone: (717)291-3916
Fax: (717) 291-4369
Online App. Form:
http://www.fandm.edu/x14477.xml
Email Address:
tami.lantz@fandm.edu
University of Washington Tacoma
Assistant Professor in Political Economy (Europe)
University of Washington Tacoma
Location: Tacoma, WA
Category: Faculty - Liberal Arts - Economics
Posted: 08/25/2008
Application Due: Open Until Filled
Type: Full Time
Interdisciplinary Arts & Sciences (IAS) at the University of
Washington Tacoma (UWT) invites applications for a position in
Economics/Political Economy at the rank of Assistant Professor. IAS
offers a range of interdisciplinary programs, one of which is in
Political Economy. The successful candidate will be broadly trained
with a range of interests, and will show excellent potential as both
a teacher and a researcher. The position begins September 16, 2009,
and requires a Ph.D. in economics or a related field. The ideal
candidate would offer courses in economic history, Western Europe,
and other courses for majors in political economy and other
interdisciplinary programs.
One of three campuses of the University of Washington, UWT is a
metropolitan university that primarily offers majors to students of
a wide variety of ages and backgrounds in the South Puget Sound
region. The campus is located in both new and historic facilities in
downtown Tacoma. For information about UWT, see our website at
http://www.tacoma.washington.edu.
To apply, submit electronically to
iasearch@u.washington.edu
a letter delineating your interests and qualifications, a
description of research interests and teaching philosophy, a
curriculum vitae, an article length writing sample, evidence of
teaching effectiveness along with a class syllabus, and three
letters of reference. Applications are due December 1, 2008. For
further information on the position, email Katie Baird at
kebaird@u.washington.edu.
The University of Washington is an affirmative action, equal
opportunity employer, and IAS has a strong commitment to diversity.
The University is building a culturally diverse faculty and staff
and strongly encourages applications from women, minorities,
individuals with disabilities and covered veterans. University of
Washington Tacoma faculty engage in teaching, research and service
in an interdisciplinary context and are expected to participate in
the core curriculum. This position is contingent upon available
funding.
Application Information
Contact: University of Washington Tacoma
Online App. Form:
http://www.tacoma.washington.edu/hr/jobs/
Email Address:
iasearch@u.washington.edu
Top
Heterodox Conference Papers and Reports and Articles
The Works of Pierangelo Garegnani
Pagina de Pierangelo Garegnani con algunos de sus papers desde su
Tesis de Doctorado hasta hoy—the works of Garegnani from his
dissertation to today can be accessed at:
http://host.uniroma3.it/dipartimenti/economia/it/index.asp?se=Personale&id=38&incd=docenti
"Reflections on Theory, Method, and
Practice in Comparative and International Education" by Steven Klees
Summary: This was a Presidential Address to the U.S. Comparative and
International Education Society and focuses on a critique of
neoclassical economics, regression analysis, and international
education policy. It also considers alternative theories, methods,
and practices. The paper, reactions by scholars to it, and a
response by the author can be accessed at:
http://cies.us/newsletter/may08/index_may08.htm
Macroeconomic Policy Institute Papers
Thomas Dallery, Till van Treeck: Conflicting claims and equilibrium
adjustment processes in a stock-flow consistent model, IMK Working
Paper, 9/2008, Düsseldorf: Macroeconomic Policy Institute, Hans
Boeckler Foundation:
http://www.boeckler.de/pdf/p_imk_wp_9_2008.pdf
Eckhard Hein, Till van Treeck: ‘Financialisation’ in Post-Keynesian
models of distribution and growth – a systematic review, IMK Working
Paper, 10/2008, Düsseldorf: Macroeconomic Policy Institute, Hans
Boeckler Foundation:
http://www.boeckler.de/pdf/p_imk_wp_10_2008.pdf
EFE Papers
This is to bring to your attention that there
are new items of interest posted on the EFE site.
1. There are several new articles posted under the “What’s
New” section of the site. They include:
NREG
Two Years On: Where Do We Go from Here? by Santosh Mehrotra
Keynes’s Approach to Full Employment: Aggregate or Targeted Demand?
by Pavlina Tcherneva
NREGA—Opportunities and Challenges by Richard Mahapatra, Neha
Sakhuja, Sandip Das, and Supriya Singh for the Natural Resource
Management and Livelihood Unit of the Center for Science and
Environment of New Delhi
NREGA: A fine balance and
NREGA
hits buses to Mumbai, both by P. Sainath in the “India Together”
newsletter
The Limited Promise of Agricultural Trade Liberalization
by Timothy A. Wise
Working Group Discussion Paper DP19, July 2008
It has become an article of faith in international trade
negotiations that farmers in developing countries have much to gain
from agricultural trade liberalization. This paper, written as a
framework analysis for the recently published report, The Promise
and the Perils of Agricultural Trade Liberalization: Lessons from
Latin America, assesses the evidence for such claims. It concludes
that the promise of agricultural trade liberalization is overstated,
while the costs to small-scale farmers in developing countries are
often high.
Relying on World Bank data and analyses, United Nations trade data,
and other economic modeling carried out to inform the current round
of World Trade Organization negotiations, this paper shows that:
- Rich countries are the main beneficiaries of agricultural trade
liberalization, gaining markets in both the global North and South.
- Only a limited number of developing countries – for example,
Argentina and Brazil – can compete effectively in global markets.
- Most developing countries are left out of the export boom but
their small-scale farmers suffer the negative effects of rising
imports, as tariffs and farm supports are removed.
- Farm prices do not remain high for long after liberalization, as
supplies, fed by rising yields and new land under cultivation, catch
up to rising demand.
- While the current commodity boom, fueled in part by the demand for
agro-fuels, may keep prices high for a few years, it is unlikely to
fundamentally alter the structure of global agriculture and the
long-term trends toward lower prices.
The paper, along with other background papers for the report, is
available at:
http://ase.tufts.edu/gdae/WorkingGroupAgric.htm#papers
The full report, in English with separate executive summaries in
Spanish and Portuguese, is available at:
http://ase.tufts.edu/gdae/WorkingGroupAgric.htm
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
Review of Social
Economy
New
iFirst articles in Review of Social Economy, are now available
online at informaworld at
http://www.informaworld.com.
The new articles are:
Karl Polanyi's and Karl William Kapp's Substantive Economics:
Important Insights from the Kapp–Polanyi Correspondence
Author: Sebastian Berger
Trade, People and Places: A Social Economic–Geographic Approach to
Comparative Institutional Advantage
Authors: Geoffrey Schneider; Paul Susman
The Long-Term Impact of Labor Market Interruptions: How Crucial is
Timing?
Authors: Carole A. Green; Marianne A. Ferber
Social vs. Military Spending: How the Escalating Pentagon Budget
Crowds out Public Infrastructure and Aggravates Natural
Disasters—the Case of Hurricane Katrina
Author: Ismael Hossein-zadeh
A Critical Evaluation of Romantic Depictions of the Informal Economy
Authors: Colin C. Williams; John Round
Competition and Participation in Religious Markets: Evidence from
Victorian Scotland
Authors: Robert I. Mochrie; John W. Sawkins; Alexander Naumov
Workers on the Border between Employment and Self-employment*
Authors: Ulrike Muehlberger; Silvia Pasqua
Marshall Studies Bulletin
(Volume 10, 2008)
http://www.unifi.it/dpssec/marshall/welcome.htm
Table of Contents
Articles:
- Simon Cook (ed.), Marshall's early historical notes.
- Tamotsu Nishizawa and Katia Caldari (eds), Some aspects of modern
industrial life.
- Andrés Vazquez and Francisco Pérez (eds) Alfred Marshall and the
German translation of his Principles. Some unpublished letters.
Book Reviews:
- Tiziano Raffaelli, Giacomo Becattini and Marco Dardi (eds): The
Elgar Companion to Alfred Marshall, by Paola Tubaro
International Review of
Applied Economics
Volume 22 Issue 5 is now available online at informaworld
at http://www.informaworld.com.
This new issue contains the following articles:
The NAIRU reconsidered: why labour market deregulation may raise
unemployment, Pages 527 - 544
Authors: Servaas Storm; C. W. M. Naastepad
Temporary work and neoliberal government policy: evidence from
British Columbia, Canada, Pages 545 - 563
Authors: Fiona MacPhail; Paul Bowles
Patterns of technical change: a geometrical analysis using the
wage–profit rate schedule, Pages 565 - 583
Author: Fabrizio Ferretti
Evaluation of investment subsidies: when is deadweight zero?, Pages
585 - 600
Authors: Anu Tokila; Mika Haapanen; Jari Ritsilä
Sacrifice ratio dispersion within the Euro Zone: what can be learned
about implementing a single monetary policy?, Pages 601 - 621
Authors: Jean-Jacques Durand; Marilyne Huchet-Bourdon; Julien
Licheron
The enlargement of the euro area: differences in relative inflation,
Pages 623 - 638
Author: Lukasz W. Rawdanowicz
Testing for profitability and contestability in banking: evidence
from Austria, Pages 639 - 653
Author: Franz R. Hahn
Associative Economics Bulletin
Rethinking The Company - Associative Economics Bulletin - August
2008
The Associative Economics Bulletin consists of news and views on
associative economics, including short extracts from Associative
Economics Monthly (available electronically for 1GBP an issue at
www.cfae.biz/aem
or in a hard copy format - tel (UK) 01227 738207). To unsubscribe
from this list, reply or send an email to ame@cfae.biz with
'bulletin unsubscribe' in the subject line.
1. The Colours of Money October 2008
2. Course at The London School of Economics Oct-Dec 2008
3. Rethinking the Company - Associative Economics Monthly Editorial
August 2008
4. Ethics in Finance: Essay Prize
Click
here for detailed information.
OIKOS: Revista de Economia
Heterodoxa
http://www.revistaoikos.org/seer/index.php/oikos/index
A revista OIKOS oferece espaço para um diálogo transdisciplinar
sobre questões sócio-econômicas. Recebe contribuições em forma de
artigos, ensaios, resenhas, fotografias, imagens, poemas. Busca o
reencontro entre a Universidade e a Sociedade.
La revista OIKOS ofrece espacio para un diálogo transdisciplinar
sobre cuestiones socioeconómicas. Recibe contribuciones en forma de
artículos, ensayos, reseñas, fotografías, imágenes, poemas. Busca el
reencuentro entre la Universidad y la Sociedad.
Investigacion Economica
http://www.economia.unam.mx/publicaciones/web_invesecon/index.html
La revista aborda temas sobre distintos aspectos de la economía que
introducen al lector a la reflexión sobre las teorías y problemas
económicos mediante el análisis y las investigaciones de autores
reconocidos. Los artículos son evaluados rigurosamente por un Comité
Editorial formado por académicos altamente reconocidos.
Investigación Económica aparece en diversos índices como Journal of
Economic Literate (Econ. Lit), Public Affairs Information Service
Inc (PAIS) en el padrón de y Revistas Científicas Mexicanas del
Conacyt.
Levy News
PUBLICATIONS
Working Paper No. 539
The Return of Fiscal Policy: Can the New
Developments in the New Economic Consensus Be Reconciled with the
Post Keynesian View?
Pavlina R. Tcherneva
Mainstream economists, including Federal Reserve Chairman Ben
Bernanke, embrace the core concepts of the New Economic Consensus
and have severed the Keynesian link between fiscal policy and full
employment. The Post Keynesian school of thought, however, has
reinstated that link via functional finance, and maintains that
there is nothing inherently inflationary about fiscal policy.
To understand the renewed role for fiscal policy, Research Associate
Pavlina R. Tcherneva examines the following issues: (1) the effect
of government spending and debt on the behavior and expectations of
rational consumers; (2) the method of financing government spending
and whether there is a binding budget constraint; and (3) the impact
of fiscal policy on the banking system and central bank policy.
Tcherneva explains why crowding out, Ricardian equivalence, and
budget constraints are irrelevant to understanding the nature of
government finance. She discusses the explicit link between fiscal
policy and full employment, and concludes that guaranteeing full
employment by closing the demand gap will likely fail. Tcherneva
favors employer-of-last-resort programs that are judged by their
economic impact rather than their budgetary stance.
>>
Read complete text (pdf)
Working Paper No. 540
The Effects of International Trade on Gender
Inequality: Women Carpet Weavers of Iran
Zahra Karimi
Globalization has been associated with declining labor standards,
especially in developing economies. The search for greater
flexibility and lower costs has led to a race to the bottom and the
exploitation of cheap female labor. Zahra Karimi, University of
Mazandaran, Iran, investigates the economic condition of carpet
weavers in Kashan and finds that, as a profession, carpet weaving
has become a sign of poverty. Harsh competition between developing
countries has suppressed real wages, maintained the subordinate
position of female workers within households, and led to the
substitution of Iranian weavers by Afghan immigrants.
Female carpet weavers bear a double workload, Karimi observes, as
traditional gender roles within the household have not changed.
Weaving is considered a hobby, and most female weavers have no
access to their wages. As the profit margin of investment in Persian
carpets continues to shrink, Iran’s female carpet weavers find
themselves among the principal losers in the rapid expansion of
international trade.
>>
Read complete text (pdf)
Working Paper No. 541
The Unpaid Care Work–Paid Work Connection
Rania Antonopoulos
Research Scholar Rania Antonopoulos provides a comprehensive
overview of current research about gender disparities in paid and
unpaid work. She suggests that a more appropriate usage of the term
“unpaid care work” should be constructed around the concept of
unpaid social reproduction work (direct unpaid care work plus
indirect care work), which excludes unpaid work that produces goods
for sale in the market. When paid work is combined with unpaid work,
women work longer hours than men in most countries (an additional
two to five hours per day). The disparity is higher in rural areas,
and declines with the level of economic development.
The working poor must endure substantial “time poverty,” whereby
time use forms and structures poverty, while poverty shapes time
use. Although women have unequal access to goods, services, and
productive resources, they play a significant role in reducing
poverty within the household. It is essential to value unpaid work,
says Antonopoulos, because it contributes to well-being, makes
unpaid work visible, is an economic good, justifies measures to
promote gender equality and poverty reduction, and improves women’s
claims to entitlements.
Antonopoulos stresses the need for better time-use data, as well as
new indicators and mechanisms to monitor the impacts on unpaid work;
an analysis of family-work reconciliation policies and unpaid care
work; an exploration of the importance of employment guarantee
policies in alleviating unpaid work burdens; and a greater focus on
the kinds of social protection paid informal care workers require.
>>
Read complete text (pdf)
Working Paper No. 542
Keynes’s Approach to Full Employment:
Aggregate or Targeted Demand?
Pavlina R. Tcherneva
Research Associate Pavlina R. Tcherneva revisits John Maynard
Keynes’s view of employment policy and argues against the mainstream
stance that the Keynesian solution for full employment is to boost
aggregate demand (i.e., “plug the gap”). Rather, Keynes had a
targeted approach to full employment, and favored employment schemes
in the form of public works during times of recession and expansion.
The principle of effective demand was truly innovative in Keynes’s
work, says Tcherneva. She examines how effective demand differs from
aggregate demand; why fixing the point of effective demand at full
employment is not possible, and how a policy of public works
circumvents this problem; and what role “plugging the gap” plays in
Keynes’s analysis.
Pro-growth, pro-investment policies that attempt to push growth
beyond potential output as a function of current prices is a
wrongheaded approach to full employment, says Tcherneva. The only
way to “plug the gap” is to plug the gap for labor via public works
(an “on the spot” approach that solves the problem of unemployment
via direct job creation, irrespective of the business cycle). To
reinstate the link between fiscal policy and full employment, it is
necessary to embrace Keynes’s methodology of measuring output.
>>
Read complete text (pdf)
The European Journal of the
History of Economic Thought
Volume 15 Issue 3 is now available online at informaworld at
http://www.informaworld.com.
This new issue contains the following articles:
Smith's theory of actions and the moral significance of unintended
consequences, Pages 401 - 432
Author: Amos Witztum
Producer choice and technical unemployment: John E. Tozer's
mathematical model (1838), Pages 433 - 454
Author: Paola Tubaro
Carl Menger's monetary theory: A revisionist view, Pages 455 - 473
Author: Yukihiro Ikeda
Calculation in kind and marketless socialism: On Otto Neurath's
utopian economics, Pages 475 - 501
Author: Thomas Uebel
Foucault, Weber and the history of the economic subject, Pages 503 -
527
Author: Philippe Steiner
Between Keynes and Sraffa: Pasinetti on the Cambridge School, Pages
529 - 538
Author: Axel Leijonhufvud
Book reviews, Pages 539 - 552
Author: Axel Leijonhufvud
Rethinking Marxism
Volume 20 Number 4
http://rethinkingmarxism.org/cms/journal/issues
-- Etienne Balibar: Historical Dilemmas of Democracy and Their
Contemporary Relevance for Citizenship
- Editors: Introduction to Rethinking MARXISM
- Stephen Resnick; Richard Wolff: The Class Analysis of Households
Extended: Children, Fathers, and Family Budgets
- Kojin Karatani: Beyond Capital-Nation-State
- Kenan Ercel; Maliha Safri; S. Charusheela: Re/membering Twenty
Years of Rethinking Marxism: An Interview with David F. Ruccio and
Jack Amariglio
- Gayatri C. Spivak; Ben C. Baer: Redoing Marxism at the Gigi Café:
A Conversation
- Susan Jahoda: NASA spacecraft
- Editors: Rethinking Marxism: Ten Years On
- J. K. Gibson-Graham: Remarx: Place-Based Globalism: A New
Imaginary
- Antonio Negri; Gabriele Fadini: Materialism and Theology: A
Conversation
- Anjan Chakrabarti; Stephen Cullenberg; Anup Kumar Dhar: Rethinking
Poverty: Class and Ethical Dimensions of Poverty Eradication
- Jesal Kapadia: Ditto
- Antonio Callari: Imperialism and the Rhetoric of Democracy in the
Age of Wall Street
Cuadernos De
Relaciones Laborales
Vol. 26, núm. 1 2008
Globalización y Sindicalismo
Top
Heterodox
Books and Book Series
Integrity and Agreement: Economics
When Principles Also Matter
By Lanse Minkler
http://www.press.umich.edu:80/titleDetailDesc.do?id=222273
Moral principle---not mere self-interest---drives rational decision
making
About the Book
Social scientists who treat humans as rational beings driven
exclusively by self-interest ignore a key factor shaping human
behavior: the influence of moral principles. Starting with the
elementary principle
"lying is wrong,"
economic theorist Lanse Minkler examines the ways in which a sense
of morality guides real-life decision making.
Whether one feels committed to specific or general moral principles,
Minkler explains, integrity demands consistently acting on that
commitment. Because truthfulness is the most basic moral principle,
integrity
means honesty. And honesty extends beyond truth-telling. It requires
good faith when entering an agreement and then standing by one's
word. From this premise, Minkler explores the implications of
integrity
for contracts between buyers and sellers and understandings between
employers and employees. He also finds a role for integrity in an
individual's religious vows, an elected official's accountability to
constituents, and a community's obligation to human rights.
Integrity and Agreement reintroduces morality as a factor for
economists, sociologists, psychologists, and political scientists to
consider in their efforts to comprehend human behavior.
Lanse Minkler is Associate Professor of Economics at the University
of Connecticut.
"Two impressive features of this book are its clarity of purpose and
the breadth of disciplinary resources to which it appeals."
---Geoffrey Brennan, Professor of Economics, Australian National
University
"Facing massive evidence that people do not act generally as
self-regarding payoff maximizers, economists have become
increasingly interested in issues of cooperation, altruism,
identity, and morality. Lanse
Minkler's contribution is particularly important because of his
powerful argument that the evidence of cooperation cannot be
explained adequately by a more complicated preference function. A
disposition for
honesty is not simply a matter of preference---it is an issue of
personal integrity, identity, and commitment. This has major
implications. In particular we have to reconstruct the theory of the
firm from first
principles. No economist committed to the pursuit of truth should
ignore this volume."
---Geoffrey Hodgson, Research Professor in Business Studies,
University of Hertfordshire, United Kingdom, and Editor in Chief of
the Journal of Institutional Economics
"This is an interesting account of the role of
integrity---preference-integrity and commitment-integrity---on
economic behavior. While drawing knowledge from traditional
subfields of economics, it also includes
insights gleaned from psychology and philosophy, showing their
effects in varied areas such as political behavior, the employment
relation, religion, and human rights. In this exciting volume Lanse
Minkler
does an excellent job of incorporating various newer concepts of
fairness and integrity into economic analysis."
---Ernst Fehr, Professor and Head of the Chair of Microeconomics and
Experimental Economic Research and Director of the Institute for
Empirical Research in Economics, University of Zurich
Thomas Frank | Follow This Dime
http://www.truthout.org/article/follow-this-dime
Thomas Frank writes for TomDispatch.com: "Washington is the city
where the scandals happen. Every American knows this, but we also
believe, if only vaguely, that the really monumental scandals are a
thing of the past, that the golden age of misgovernment-for-profit
ended with the cavalry charge and the robber barons, at about the
same time presidents stopped wearing beards. I moved to Washington
in
2003, just in time for the comeback, for the hundred-year flood. At
first it was only a trickle in the basement, a little stream
released accidentally by the president's friends at Enron. Before
long, though, the
levees were failing all over town, and the city was inundated with a
muddy torrent of graft. How are we to dissect a deluge like this
one? We might begin by categorizing the earmarks handed out by
Congress,
sorting the foolish earmarks from the costly earmarks from the
earmarks made strictly on a cash basis."
Solidarity Economy
Building Alternatives for People and Planet
Papers and Reports from the U.S. Social Forum 2007
Edited by Jenna Allard, Carl Davidson, and Julie Matthaei.
SOLIDARITY ECONOMY brings together papers and reports from the
“Economic Alternatives and the Social/Solidarity Economy” bloc of
sessions at the U.S. Social Forum (USSF). A group of economic
activists and academics -- including Julie Matthaei of Wellesley
College, Union for Radical Political Economics, and Guramylay:
Growing the Green Economy, Emily Kawano of the Center for Popular
Economics,
Ethan Miller and Jessica Gordon Nembhard of Grassroots Economic
Organizing, Melissa Hoover of the U.S. Federation of Worker
Cooperatives, and Dan Swinney of the Center for Labor and Community
Research – put together this bloc of panels, as well as organized
caucus meetings for participants. Last fall and winter, Julie and
Jenna wrote an introductory overview on the solidarity economy
framework
click here and reports on the caucus meetings, and put together and
edited 27 papers and workshop reports. The collection was published
in March 2008 by ChangeMaker Publishing, and is available at
http://www.lulu.com/changemaker and e forms; contact Julie
Matthaei if you are interested in an e-examination copy. To look at
the Introduction click here. The Table of
Contents, short review quotes on the back cover, and more
information about the book are also available at
http://net4dem.org/senet/SENAD2BU.pdf.
Julie writes that she would appreciate it if you would
check out the book, order it for your institution’s library,
consider using it for your classes, and recommend it to others who
might be interested. It is a great way to spread the word about, and
help build, this
hopeful economic way forward.
Mass Appraisal Methods
An international perspective for property valuers
Edited by: Tom Kauko and Maurizio d’Amato (University of Bari)
http://www.blackwellpublishing.com/book.asp?ref=9781405180979&site=1
Series: Real Estate Issues
Description
This book takes a cross-disciplinary and cross-cultural look at mass
appraisal expertise for property valuation in different market
conditions, and offers some cutting- edge approaches.
The editors establish an international platform and present the
scientific debate as well as practical feasibility considerations.
Heretic and orthodox valuation methods are assessed based on
specific criteria,
partly technical and partly institutional. Methodological evaluation
is approached using two types of criteria: operational concerns
about how to determine property value differentials between spatial
and
functional units of real estate in a valid and reliable way
(technical criteria); and the kind of market circumstances being
operated in (institutional criteria). While technical criteria are
relatively well-researched,
there is little theoretically informed work on the connection
between country context and selection of property appraisal methods.
The book starts with an examination of current mass property
appraisal practices, presenting case studies from widely differing
markets - from the American and Dutch, where regression-based
methods have
been used successfully for some time; to the Eastern European and
other emerging economies, where limitations have to be compensated
by focusing on the modelling assumptions.
The second part of the book looks at sophisticated modelling
approaches, some of which represent combinations of elements from
two or more techniques. Whatever the exact modelling approach, the
requirements are always high for the quality of the data and
suitability of the method. In the final section, methods are
evaluated and compared according to technical criteria and against
institutional contexts.
With its exceptionally wide coverage of valuation issues, Mass
Appraisal Methods: an international perspective for property valuers
addresses property valuation problems common to different countries
and
approaches applicable in both developed and emerging economies.
Table of Contents
1 Introduction: Suitability Issues in Mass Appraisal Methodology
(Tom Kauko and Maurizio d'Amato)
PART I MASS APPRAISAL PRACTICE AND RECOMMENDATIONS.
2 Data Issues Involved with the Application of Automated Valuation
Methods: A Case Study (John F. Thompson, Jr)
3 The Modified Comparable Sales Method as the Basis for a Property
Tax Valuations System and its Relationship and Comparison to
Spatially Autoregressive Valuation Models (Richard A. Borst and
William J.
McCluskey)
4 Automated Valuation in the Dutch Housing Market: The
Web-Application 'MarktPositie' Used by NVM-Realtors (Dree Op 't Veld,
Emma Bijlsma and Paulien van de Hoef)
5 Using Fuzzy Numbers in Mass Appraisal: The Case of the Belarusian
Property Market (Maurizio d'Amato and Nikolai Siniak).
PART II CURRENT ADVANCED METHODS.
6 Mass Appraisal, Hedonic Price Modelling and Urban Externalities:
Understanding Property Value Shaping Processes (François Des Rosiers
and Marius Thériault)
7 Residuals Analysis for Constructing 'More Real' Property Value (Małgorzata
Renigier)
8 The Hierarchical Trend Model (Marc K. Francke)
PART III EMERGING METHODS.
9 Developing Mass Appraisal Models with Fuzzy Systems (Marco Aurélio
Stumpf González)
10 Utterly Unorthodox Modelling for the Purposes of Mass Appraisal:
An Approach Based on Patterns and Judgments (Tom Kauko)
11 Rough Set Theory as Property Valuation Methodology: The Whole
Story (Maurizio d'Amato)
PART IV COMPARISON OF TOOLS USING A SET OF SPECIFIC CRITERIA.
12 Technical Comparison of the Methods Including Formal Testing of
Accuracy and Other Modelling Performance Using Own Data Sets and
Multiple Regression Analysis (Richard A. Borst, François Des
Rosiers, Małgorzata Renigier, Marco Aurélio Stumpf González, Tom
Kauko and Maurizio d'Amato)
13 Property Market Classification and Mass Appraisal Methodology
(Maurizio d'Amato and Tom Kauko)
PART V CONCLUSION.
14 Automated Valuation Methods, Empirical Modelling of Value, and
Systems for Market Analysis (Tom Kauko).
The Keynesian Multiplier
Edited by Claude Gnos, Louis-Philippe Rochon
Price: $130.00
http://www.routledgeeconomics.com/books/The-Keynesian-Multiplier-isbn9780415320139
- ISBN: 978-0-415-32013-9
- Binding: Hardback
- Published by: Routledge
- Publication Date: 25th May 2008
- Pages: 224
About the Book
The multiplier is a central concept in Keynesian and post-Keynesian
economics. It is largely what justifies activist full-employment
fiscal policy: an increase in fiscal expenditures contributing to
multiple rounds
of spending, thereby financing itself. Yet, while a copingstone of
post-Keynesian theory, it is not universally accepted by all
post-Keynesians, for reasons vastly different than the mainstream.
This book explores both the pros and cons of the multiplier from a
strictly post-Keynesian – and Kaleckian – approach. Anchored within
the tradition of endogenous money, this book offers a lively
discussion
from a number of well-known post-Keynesians from a variety of
perspectives: history of thought, theory and economic policy. The
book starts by analysing the historical foundations of the Keynesian
Multiplier and it’s treatment throughout the history of economic
thought. Moving through a critical debate about the limits of the
multiplier, the contributions finish by offering cutting edge new
views on this
fascinating concept.
.
Table of Contents
Introduction, Section One: Some Views of the Multiplier, 1. Three
Views on the Multiplier, 2. John Maurice Clark’s Contribution to the
Genesis of the Multiplier Analysis: A note with some related
unpublished
correspondence, 3. The Material and Methodological Significance of
the Supermultiplier, Section Two: Critical Insights on the
Multiplier, 4. The Investment Multiplier and Income Savings, 5. The
Multiplier and
the Principle of Reflux, 6. The Demise of the Keynesian Multiplier
Revisited, 7. Consumption, Investment and Investment Multiplier,
Section Three: Towards a Re-interpretation of the Muliplier, 8.
Kalecki and
the Multiplier, 9. The Keynesian Multiplier: The Monetary
Pre-Conditions and the Role of Banks as Defended by Richard Kahn’s
1931 Paper. A Horizontalist Re-Interpetation, 10. The Multiplier,
the Principle of
Effective Demand and the Finance Motive: a coherent framework.
The Structure of Post-Keynesian
Economics
The Core Contributions of the Pioneers
G. C. Harcourt
Jesus College, Cambridge
http://www.cambridge.org/uk/catalogue/catalogue.asp?isbn=9780521067539
This is a major contribution to post-Keynesian thought. With studies
of the key pioneers - Keynes himself, Kalecki, Kahn, Goodwin, Kaldor,
Joan Robinson, Sraffa and Pasinetti - G. C. Harcourt emphasizes
their positive contributions to theories of distribution, pricing,
accumulation, endogenous money and growth. The propositions of
earlier chapters are brought together in an integrated narrative and
interpretation of the major episodes in advanced capitalist
economics in the post-war period, leading to a discussion of the
relevance of post-Keynesian ideas to both our understanding of
economics and to
policy-making. The appendices include biographical sketches of the
pioneers and analysis of the conceptual core of their discontent
with orthodox theories. Drawing on the author's experience of
teaching and
researching over fifty years, this book will appeal to undergraduate
and graduate students interested in alternative approaches to
theoretical, applied and policy issues in economics, as well as to
teachers and
researchers in economics.
• A lively and accessible survey of the work of a distinguished
non-mainstream economist • Draws on the personal experiences of the
author, who was taught by and then worked with most of the
economists
discussed • Emphasizes the historical roots of the development of G.
C. Harcourt's distinctive approach, as well as the intellectual
biographies of the pioneers
Contents
Preface; 1. Introduction: why post-Keynesian economics and who were
its Cambridge pioneers?; 2. Post-Keynesian macroeconomic theories of
distribution; 3. Post-Keynesian theories of the determination of
the mark-up; 4. Macroeconomic theories of accumulation; 5. Money and
finance: exogenous or endogenous?; 6. The complete model: its role
in an explanation of post-war inflationary episodes; 7. Theories of
growth: from Adam Smith to ‘modern’ endogenous growth theory; 8.
Applications to policy; Appendices; Index.
The Generation of Business
Fluctuations
Financial Fragility and Mean-field Interactions
By Corrado Di Guilmi
Series: Dynamische Wirtschaftstheorie Vol. 26 Year of
Publication: 2008
Frankfurt am Main, Berlin, Bern, Bruxelles, New York, Oxford, Wien,
2008. 149 pp., num. tables and graphs
ISBN 978-3-631-58119-3 pb.
Book synopsis
The limits imposed on economic modeling by the representative agent
hypothesis have prevented dynamic analysis from fully exploring the
links between the micro and macro level of the economic system.
This book presents developments and applications of the innovative
techniques of dynamic stochastic aggregation, first proposed by
Masanao Aoki, through an implementation in a New Keynesian financial
fragility framework. The introduction in macroeconomics of
statistical mechanics tools, such as mean-field interaction,
statistical entropy and master equation, constitutes a step toward a
new definition of
microfoundation and allows an integrated modeling of the
relationships between micro financial variables and aggregate
indicators.
Contents
Contents: Business Cycles - Corporate
Finance - Stochastic Dynamic Aggregation - Heterogenous Interacting
Agents - Stochastic Diffusion Processes - Statistical Entropy -
Master Equation.
About the author(s)/editor(s)
The Author: Corrado Di Guilmi earned his Ph.D. in Political Economy
from the Università Politecnica delle Marche (Italy). He has been
visiting fellow at the Faculty of Economics of the University of
Cambridge
and at the Department of Applied Mathematics of the Australian
National University.
Microeconomics in Context and
Macroeconomics in Context
New Editions of Microeconomics in Context and Macroeconomics in
Context
We are happy to announce that new editions of our introductory
economics textbooks, and full sets of instructor and student
supplements, are now available and ready for use! Both texts are
available at an
affordable price of just $49.95 each, and the supplements can be
downloaded at no charge. If you pre-ordered either book from M.E.
Sharpe, your order is now on its way to you.
Microeconomics in Context, Second Edition by Neva Goodwin, Julie A.
Nelson, Frank Ackerman and Thomas Weisskopf, provides a thorough
introduction to the principles of microeconomics, but it also
delves deeper, offering a fresh portrait of the economic realities
of the 21st century. The book can be ordered from M.E. Sharpe, and
free examination copies are available to potential adopters. A
comprehensive Student Study Guide and the full set of PowerPoints
slides are available for free download from GDAE’s website. An
Instructor’s Resource Manual and Test Bank are also available on
GDAE’s
website to verified instructors. For more information, visit:
http://www.ase.tufts.edu/gdae/publications/textbooks/microeconomics.html
Macroeconomics in Context, First Edition by Neva Goodwin, Julie A.
Nelson, and Jonathan Harris covers standard topics such as classical
and Keynesian approaches, but also addresses issues such as
ecological sustainability, non-marketed production, the quality of
life, and the distribution of income. Student copies and free
examination copies can be now be ordered from M.E. Sharpe. The
accompanying
Student Study Guide and the full set of PowerPoints slides are
available to everyone for free download from GDAE’s website. An
electronic Instructor’s Resource Manual and Test Bank are available
to
verified instructors. For more information, visit:
http://www.ase.tufts.edu/gdae/publications/textbooks/macroeconomics.html
Mindful Economics
Mindful Economics: How the US Economy Works, Why it Matters, and How
it Could be Different by Joel Magnuson
http://www.sevenstories.com/book/?GCOI=58322100497410
www.mindfuleconomics.com
Mindful Economics is a valuable resource for anyone who wishes to
deepen their understanding of the United States economy. The book
breaks away from traditional economic theory and provides a fresh,
critical perspective on capitalism in America. The book will be
particularly useful for citizens, activists, students or others who
seek positive social change. The first several chapters guide the
readers through
an exploration of real-world institutions such as corporations,
government, market systems, financial and other institutions that
make up the U.S. economy. These chapters provide much information
about the
histories of these institutions, as well as how they have evolved to
serve the profit-making and growth imperatives of capitalism.
Embedded in these stories is the consistent theme that the need to
maximize
profits for a relatively small section of the U.S. population has
shaped the development of America's most powerful institutions. The
second part of the book demonstrates how the need for higher profits
and
endless growth has intensified environmental destruction, resource
depletion, instability, social and political inequality, and even
global warming. These problems have become systemic and solutions
therefore
require long-term systemic change.
The path toward systemic change is laid out in the third part of
Mindful Economics. Such change can be brought about by developing
alternative institutions. As these alternatives evolve and grow,
they will
place the U.S. economy on a path to a new system. Systemic change
will come about gradually by the will of people who purposefully
steer the development of the economic institutions in their
communities in
a positive and healthy direction. To this end Mindful Economics lays
a foundation for building new alternatives that are democratic,
locally-based and ecologically sustainable. Such alternatives are
not only
viable, they can be found all across the United States. Through a
network of alternative institutions, people can begin to build
alternatives to capitalism and provide hope for future generations.
International Political Economy:
Contrasting World Views
By Raymond C. Miller Price: $44.95
ISBN: 978-0-415-38409-4 , Paperback (also available in Hardback)
Routledge, Pages: 296
http://www.routledgeeconomics.com/books/International-Political-Economy-isbn9780415384094
About the book:
This textbook is the perfect short introduction to the fundamental
theories and issues of international political economy (IPE).
Written in a concise and accessible style, the text equips students
with the necessary skills and knowledge to understand this complex
and fascinating area. Engaging with both classical theories and the
main contemporary debates, this is the ideal starting point for the
study of IPE.
The text introduces students to the three main theoretical
approaches in IPE: free market, institutionalist and historical
materialist. The strengths and weaknesses of the theories are then
illustrated by a series of fascinating applied case studies in such
core areas as international trade, finance, transnational
corporations, development and the environment.
Combining clear historical and theoretical explanation with detailed
empirical examples this is essential reading for students of
international political economy, global governance and international
economics.
Table of Contents:
1. The Field of Study Known as 'IPE' 2. The Market Model and World
View 3. Market Applications 4. The Multi-Centric Organizational
(MCO) World View 5. The MCO World View ? Critical Applications 6.
The Classical Marxist Model and World View 7. Contemporary
Applications of Marxist Analysis 8. Clashing Views on Central
Issues: A Summation
About the author:
Raymond C. Miller has been national president of two professional
associations: the Association for Integrative Studies and the
Society for International Development. He was founding editor of
Issues in Integrative Studies. Professor Miller served as a member
of the faculty at San Francisco State University for 43 years, where
he is now Professor Emeritus of International Relations and Social
Science.
The Genesis of Innovation
Systemic linkages between Knowledge and the Market (eds B. Laperche,
D. Uzundis, N.G. Von Tunzelmann), New Horizons in the Economics of
Innovation series, Edward Elgar, 2008
http://www.e-elgar-economics.com/bookentry_main.lasso?id=12926
Powerful Finance and Innovation
Trends in a High-Risk Economy
Powerful Finance and Innovation Trends in a High-Risk Economy (eds
B. Laperche and D.Uzunidis), Palgrave Macmillan, 2008
http://www.palgrave.com/products/title.aspx?PID=281161
L’innovation pour le développement.
Enjeux globaux et opportunités locales
L’innovation pour le développement. Enjeux globaux et opportunités
locales, (ed. Blandine Laperche), Karthala, 2008.
http://www.karthala.com/rubrique/detail_produit.php?id_oeuvre=1936
L'économie Russe depuis 1990
L'économie Russe depuis 1990 (eds Sophie Boutillier et D. Uzunidis),
De Boeck, 2008
http://universite.deboeck.com/livre/?GCOI=28011100334520
La Russie Européenne
La Russie Européenne. Du passé composé au futur antérieur (Sophie
Boutillier, Dimitri Uzunidis, eds), L’esprit économique, Série
Clichés, L'Harmattan, 2008
http://www.editions-harmattan.fr/index.asp?navig=catalogue&obj=livre&no=26118
La gouvernance de l’innovation
La gouvernance de l’innovation. Marché et organisations (Sophie
Boutillier, Dimitri Uzunidis, eds), L’Esprit Economique, L’Harmattan,
Paris, 2007
http://www.editions-harmattan.fr/index.asp?navig=catalogue&obj=livre&no=24397
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Heterodox Book Reviews
The Economics of the Great Depression
The Economics of the Great Depression: A Twenty-First Century Look
Back at the Economics of the Interwar Era, by Randall E. Parker,
Cheltenham, UK: Edward Elgar, 2007, ISBN: 978-1-84542-127-4; 257
pages. Reviewed by/ David A. Zalewski, Providence College
Click here for the
review.
The Creation and Destruction of
Social Capital
The Creation and Destruction of Social Capital: Entrepreneurship,
Co-operative Movements and Institutions, by Gunnar L.H. Svendsen and
Gert T. Svendsen, Edward Elgar, 2005. ISBN 1-84376-616-7; 224 pages.
Reviewed by Quentin M.H. Duroy, Denison University
Click here for the review.
Keynes and His Battles
Gilles Dostaler, _Keynes and His Battles_. Cheltenham, UK: Edward
Elgar, 2007. vi + 374 pp. $160 (cloth), ISBN: 978-1-85898-266-3.
Reviewed for EH.NET by M. G. Hayes, Homerton College, University of
Cambridge.
Click here for the
review.
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The HEN-IRE-FPH Project
The HEN-IRE-FPH Project for
Developing Heterodox Economics and Rethinking the Economy Through
Debate and Dialogue
The Heterodox Economics Newsletter, The International Initiative for
Rethinking the Economy (IRE), and the Charles Leopold Mayer
Foundation for the Progress of Humankind (FPH) (
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 proposals, both
theoretical and applied, that would help adapt the economy to the
challenges facing humankind. The reviews will be published in the
Newsletter and will also be put on the IRE website
http://www.i-r-e.org. 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
King's
College, London
King's College, London, has recently begun to offer scholarships for
highly talented PhD students in a wide variety of disciplines. The
scholarships in question provide a living allowance of around
£14,000, as well as covering the cost of home/EU fees. Paul Lewis
and John Meadowcroft of the Department of Management are interested
in supervising PhDs in a variety of topics in the field of heterodox
economics, including Austrian economics, public choice theory, the
methodology of economics, and the history of economic thought (see
http://www.kcl.ac.uk/schools/sspp/mgmt/people/academic/lewis/
and
http://www.kcl.ac.uk/schools/sspp/mgmt/people/academic/meadowcroft/
respectively for further details of our research interests). Anyone
interested in pursuing this opportunity should contact either Paul
Lewis ( paul.lewis@kcl.ac.uk
) or John Meadowcroft (
john.meadowcroft@kcl.ac.uk ) no later than mid-September in
order to discuss their research proposal and to prepare a
scholarship application.
Top
Heterodox Websites
Brazilian Keynesian Association
The Brazilian Keynesian Association has just be founded in April,
2008.
http://www.ppge.ufrgs.br/akb/
Palgrave Econolog
Palgrave Econolog lists all the blogs that deal with economic
topics.
http://www.econolog.net/
The Economics of Social Ownership
http://economsoc.wordpress.com/
Research Network on Innovation
The Research Network on Innovation (RRI) was established in 2007 by
economists and management of innovation scholars, across different
universities and institutions in France and abroad. The Research
Network on Innovation aims at promoting the production and the
diffusion of knowledge on the information society and the economy of
knowledge and innovation, notably through inter-university
relationships and also between the worlds of research and of the
enterprise. The network develops common research projects,
consulting activities, editorial activities and organizes scientific
events.
For more information (activities, how to become a member,...)
http://rrien.univ-littoral.fr
Top
For Your Information
Solidarity
Economy: A Short Description
Julie Matthaei and Jenna Allard
www.ussen.org
Solidarity economy organizing provides the type of “middle-run,”
transformative economic organizing which Immanuel Wallerstein
advocates in his recent article in the Monthly Review (June 2008).
The solidarity economy framework emphasizes our relationships to
other people and to our environment, and inserts solidaritous values
into these relationships. Solidaritous values are cooperative,
egalitarian, democratic, locally based, and sustainable. Solidarity
economy praxis strives for an economy based on human needs rather
than an insatiable drive for profit. The ultimate aim of the
solidarity economy is the breakdown of oppressive economic
hierarchies of all types, the development of human potential, and
the preservation of our communities and environment.
There are four distinct aspects to the interconnected and organic
whole that is being conceptualized as “the solidarity economy” by a
growing international movement of activists and academics. It is a
collection of existing economic practices; a growing network of
people and organizations engaged in these practices; a developing
local and global movement that informs and advocates for these
practices; and a theoretical framework for understanding and
analyzing these practices. It can be a way of scaling up initiatives
that work, of transcending political boundaries, and of challenging
neoliberalism.
Solidarity economy practices and institutions are widespread in the
contemporary U.S. Ignored or devalued by mainstream economists,
these practices have the potential of building “another economy”
block by block. Many are participating in them daily, be it by
buying fair trade products, expressing their values through their
work, or investing in a socially responsible way. Others are
involved in collective solidarity economy efforts such as high road
businesses, community economic development projects, localization
projects, and many others. The next step, as we see it from our
studies of other countries, is to visibilize and reconceptualize
solidarity economy practices and institutions as part of an emergent
new economic system, create supportive links among them, and build a
movement to advocate for public policies to support them. Click
here to download the paper.
“Is There an Oil
Shortage?"
by Ismael Hossein-zadeh
Click here to
download the paper.
William R.
Waters Research Grant
CALL FOR APPLICATIONS
The Association for Social Economics sponsors each year a
competition for a grant of $5000 to support the research efforts of
a junior faculty member or a Ph.D. student nearing completion of the
degree. The Grant Application and instructions can be found on the
ASE website at
www.socialeconomics.org.
ASE, established in 1941, advances research on the social and
ethical foundations of economics and supports economic analysis to
help shape scholarship and form policy.
Applications will be accepted until November 1, 2008.
The Award will be announced at the ASSA meetings in San Francisco,
CA, January 3-5, 2009.
EEA announces
the Koford Prize
In memory of Kenneth J. Koford, editor of the Eastern Economic
Journal from 1999-2004, the Eastern Economic Association has
established a prize to help junior foreign scholars to attend the
annual EEA meetings and to present a paper. The next EEA conference
will be held February 27, 2009 – March 1, 2009, at the Sheraton New
York Hotel and Towers in New York City. The winner of the Koford
Prize will receive $1000 towards travel, registration, and
accommodations at the conference. The objective of the Koford Prize
is to assist junior economists with completed Ph.D. who have not yet
been considered for tenure, and who are not citizens of the U.S. To
apply please send a cover letter, vita, and manuscript
electronically to Alexandra Bernasek, Department of Economics,
Colorado State University, Ft. Collins, Colorado, or electronically
to
Alexandra.bernasek@colostate.edu. Please include contact
information, an abstract, and three JEL codes with your paper. The
maximum paper length is 10,000 words. The deadline for paper
submissions is December 15, 2008.
URPE Reality
Tour: Chinatown
San Francisco, California
January 2, 2009 2:30-4:30p
Join us for a walking tour to explore the daily culture, rich
history, and modern day issues of San Francisco’s Chinatown.
Chinatown Alleyway Tours is a not-for-profit, youth-run, and
youth-led program under the umbrella of the Chinatown Community
Development Center. The tour leaders are teens and young adults who
live in the neighborhoods we will visit.
- Price: $20.00 (includes $2 tip for the guides)
Send your check by December 1, 2008 to:
Hazel Dayton Gunn
Dept. of City & Regional Planning
106 W. Sibley Hall, Cornell University
Ithaca, NY 14853 USA
( hg18@cornell.edu )
- Location: Portsmouth Square, on Kearny St. (between Clay and
Washington).
Meet us at the UPPER LEVEL of Portsmouth Square, across from the
elevator and near the flag-less flagpole (closer to the Washington
side of the park).
- Tour guides: Guides will be wearing blue sweatshirts or silver
T-shirts with either “Chinatown Alleyway Tours” or
“Adopt-an-Alleyway” on them.
- For more information on where to meet for your tour, go to:
http://chinatownalleywaytours.org/tourinfo
Economic Policy
Institute Cocktail Reception
ALLIED SOCIAL SCIENCE ASSOCIATION
2008 Annual Meetings
Being Held At:
Hilton New Orleans Riverside
Two Poydras Street
In Grand Salon 7 & 10
On Saturday, January 5, 2008
6:00PM – 8:00PM
The Economic Policy Institute is an independent, nonprofit,
nonpartisan think tank that researches the impact of economic trends
and policies on working people in the United States and around the
world. Our mission is to inform people and empower them to seek
solutions that will ensure broadly shared prosperity and
opportunity.
Book
Recommendations
Books recommended for an Intro to PE class by members of the URPE
listserv (compiled by Amit Basole, August 24th, 2008)
1. Most frequently recommended: Samuel Bowles, Richard Edwards, and
Frank Roosevelt, Understanding Capitalism: Competition, Command, and
Change, Third
Edition (New York: Oxford University Press, 2005). ISBN
0-19-513865-1
(price: a little over $50; used copies available for less)
2. Jim Stanford, Economics for Everyone (Pluto Press, 2008)Very
reasonably priced at around $20.
3. Howard Sherman, E. K. Hunt, Reynold Nesiba, Phil O'Hara, and
Barbara Weins Tours, ECONOMICS: INTRODUCTION TO TRADITIONAL AND
RADICAL VIEWS, seventh edition, M.E. Sharpe, 2008.
4. Charles Barone, Radical Political Economy
5. Steven Pressman, 50 Major Economists
6. E.K. Hunt, Property and Prophets, M.E. Sharpe, 2003.
7. Carson, Thomos and Hecht, Economic Issues Today: Alternative
Approaches, M.E.
Sharpe, 2005.
8. Heilbrener and Milberg, The making of economic society
9. Paul Davidson , JOHN MAYNARD KEYNES (Palgrave. London and New
York, 2007) book in the "Great Thinkers in Economics Series" of
Palgrave
10. Frank Stilwell, Political Economy: The Contest of Economic Ideas
11. Robert Chernomas and Ian Hudson, Social Murder and Other
Shortcomings of Conservative Economics
12. Anti-Capitalism, A Marxist Introduction - edited by Alfredo
Saad-Filho
13. Capital and Exploitation by John Weeks
14. Labor and Monopoly Capital, Harry Braverman
15. Workers in a Lean World, Kim Moody
16. Marx’s Capital: Ben Fine and Alfredo Saad-Filho
17. International Political Economy: Contrasting World Views
18. Birds of Passage
19. Rob Albritton , Economics Transformed: Discovering the
Brilliance of Marx
20. DAVID LEVINE'S WEALTH AND FREEDOM
21. COMPETITION: The Birth of a New Science (Hill & Wang, 2007) JIm
Case
22. Goodwin, Neva, Julie A. Nelson, Frank Ackerman and Thomas
Weisskopf, 2005.
Microeconomics in Context. Boston: Houghton Mifflin.
23. Robin Hahnel. ABC's of Political Economy
24. Michale Yates, Naming the System
25. R. Wolff and S. Resnick, ECONOMICS:MARXIAN VS NEOCLASSICAL,
published by the Johns Hopkins University Press and available in
paperback
26. For an historical perspective on the development of radical
political economic thought, David M. Gordon's Problems of Political
Economy: An Urban Perspective (1977).
27. More recent (but still dated) contributions could come from
Baiman, Boushey and Saunders' Political Economy and Contemporary
Capitalism (2000) and Andrew Sayer's Radical Political Economy: A
Critique (1995).
28. Lastly, an invaluable addition to a critique of contemporary
economic thought is Stephen A. Marglin's The Dismal Science: How
Thinking Like an Economist Undermines Community (2008).
29. Joel Magnuson, Mindful Economics
Europa Riformista
www.europariformista.eu
Europa Riformista is a cultural association which inserts itself in
Social Democratic and Reformism political thought. It believes in a
federalist Europe, in a strong Europe capable to grant democracy,
growth and welfare. Europa Riformista is a project that enables
people to exchange their ideas, thoughts and experiences in order to
become more familiar with each country’s history and political
issues. On the Socrates and Leonardo Project path, we try to perform
previous European experiences and to make others possible. The
"Spinelli" Project will enable people to visit and live
"parliamentary" experience in another European country.Anyone is
kindly invited to join us – to participate, write articles and
essays, or suggest ideas and projects. Each year Europa Riformista
will organize a meeting, inviting members, supporters and
politicians from Europe and the International Organization.
http://nuke.europariformista.eu/Home/tabid/36/Default.aspx
Center for Global
Justice
www.globaljusticecenter.org
Milton Friedman Institute
In case you have not heard a Milton Friedman Institute is to be
established at the University of Chicago--
http://mfi.uchicago.edu/.
However, not all University of Chicago professors are in favor of
it--
http://online.wsj.com/article/SB121659713454068889.html;
http://www.chicagomaroon.com/online_edition/article/10514.
In fact they have organized an extended protest, see:
http://www.stat.uchicago.edu/~amit/MFI/. Further
discussion of it Wall Street Journal on page A17 August 20, 2008
edition entitled " We’re Not All Friedmanites Now" by Thomas Frank--
http://online.wsj.com/article/SB121918987389555029.html.
The objecting Chicago professors welcome outside interest and
contributions—such as literature citations of excellent critiques of
the Chicago School positions on economics, business, and law. If you
have such citations, send them to Professor Bruce Lincoln (
blincoln@midway.uchicago.edu ).
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