Issue 47: August 14, 2007

From the Editor

Managing the Newsletter is becoming more involved as the number of subscribers grow. One problem I am facing is dealing with changes in e-mail addresses. If you are going to change e-mail addresses please let me know so that I can put in the new address and delete the old one.

A couple of publishers have asked me to have their heterodox books reviewed in the Newsletter. I cannot do this on my own—I need a book review editor. So is there anybody out there who would like to work with me on the Newsletter and be my book editor? If so please send me an e-mail.

Fred Lee

In this issue:
  Call for Papers
  - The Institutional and Social Dynamics of Growth and Distribution
- Call for Contributors: Modern (Industrial) Competitiveness
- 9th SCEME Workshop in Economic Methodology
- Second Annual Conference on the History of Recent Economics (HISRECO)
  Conferences, Seminars and Lectures
  - Green Economics Training Day
- EAEPE 2007 Conference
- VIPE Conference
- SCEME Workshop
  International Confederation of Associations for Pluralism in Economics - News
  - ICAPE Photos
  Job Postings for Heterodox Economists
  - The University of St. Thomas
- New York University in London
- Albright College
- University of Greenwich Business
  Heterodox Conference Papers and Reports and Articles
  - The Neoliberal Challenge: Between the Scientific Sophism and the Communicative Fascination
- Parasitic Imperialism
- Letter: Observation-Based Analysis and Industry Studies
  Heterodox Journals and Newsletters
  - Levy News
- Basic Income Studies (BIS)
- La Revue de la régulation
- The Régulation Review
- Challenge
- EAEPE Newsletter
- Policy Innovations
- Economic Issues
- Journal of Post Keynesian Economics
- Debatte: Journal of Contemporary Central and Eastern Europe
- Review of Political Economy
- Metroeconomica
  Heterodox Books, Book Series, and Book Reviews
  - The Political Economy of U.S. Militarism
- Reintroducing Macroeconomics: A Critical Approach
- Women and Politics in Iran: Veiling, Unveiling, and Reveiling
Heterodox Graduate Program and PhD Scholarships
- The University of Applied Sciences Berlin
Heterodox Websites
  - Global MacroScope
- Global Policy Innovations Program
  Queries from Heterodox Economists
  - Free Trade
  For Your Information
  - Chronicle of Higher Education – July 30, 2007
- Research Methods Relevant to Marxist Political Economy Bibliography
- An interesting article on the imperialism of economics in political science
- A letter from Hazel Henderson
- Giant man with a mind to match
- New Executive Director of CIES Appointed IIEAPPRV (2)
   

Call for Papers

The Institutional and Social Dynamics of Growth and Distribution

Pisa (Italy), 10-12 December 2007

Objectives
Since Adam Smith, social and economic institutions have been considered as exerting a significant influence on the historical patterns of growth and distribution of nations. More recently, economists have also emphasized that the process of growth and distribution in turn shape the evolution of institutions. Growth and distribution are lenses through which we can investigate the complex interplay of the birth, the life, and the decline of social and economic institutions. And institutional and social dynamics, in turn, are important elements in comprehending the interaction between growth and distribution.
The goal of this Conference is to provide a forum for the presentation and discussion of different approaches to the issues of the institutional and social dynamics of growth and distribution, with all the theoretical, empirical, historical, and methodological implications.
Submitting a Paper
A combination of invited and submitted papers will be chosen for the final program. Submissions of whole sessions are welcome. The submissions will be reviewed by a Scientific Committee consisting of:
Sam Bowles (Santa Fe Institute, USA, and Università di Pisa, Italy)
David de la Croix (Université catholique de Louvain, Belgium)
Oded Galor (Brown University, USA, and Hebrew University of Jerusalem, Israel)
Neri Salvadori (University of Pisa, Italy)
Stephen J. Turnovsky (University of Washington, USA)

It is planned to publish selections of papers in a special issue of Metroeconomica and a larger selection in a volume with a major publisher. Papers that will be published in Metroeconomica will meet its standards. All papers will be made available on the Internet until the end of the Conference.
A dedicated software, Conference Maker, will be used for paper submission and program management through the site http://zeus.econ.umd.edu/conference/SDGD2007. All details are available in the site of the Conference: http://growth-institutions.ec.unipi.it/

Deadlines
Submission of a 1-2 page abstract (if possible, jointly with the whole paper) should be submitted before July 20. Authors will receive notification of acceptance by September 20. The whole papers are to be submitted within October 20. Registration must be completed within October 20.

Call for Contributors: Modern (Industrial) Competitiveness

Sub-title 1: A Reader
Sub-title 2: Theory and Policy
Sub-title 3: Theory and Policy Advances in the 21st Century

Edited by: Claudette Chin-Loy, Nikolaos Karagiannis & Zagros Madjd-Sadjadi

If you are interested in contributing to the volume, contact the editors

E-mail:loy@huizenga.nova.edunikolaos@nova.edusadjadizm@wssu.edu

9th SCEME Workshop in Economic Methodology

Just to remind all interested in the 9th SCEME Workshop in Economic Methodology, to send the proposals BY FRIDAY 27th JULY 2007. Please send by e-mail, to Sheila Dow (s.c.dow@stir.ac.uk). The workshop will take place on the Saturday 13th October, 2007, at the University of Stirling, UK. The main theme is 'Knowledge, Information and the Economy '. Check the conference web page for details ( www.sceme.stir.ac.uk/events.htm  ). 

Second Annual Conference on the History of Recent Economics (HISRECO)

Technical University of Lisbon, Portugal
5-7 June 2008

CALL FOR PAPERS

The Second World War and its aftermath marked a major stage in the establishment of economics as one of the dominant discourses in contemporary society. The spread of economic ideas into many areas of social life means that understanding their history offers opportunities for 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 to newly available source-materials, rehearsed new methodologies for the study of the past and looked across disciplinary boundaries for insights. In our first conference we were greeted by a wide-ranging sample of this work, among the subjects addressed being: the origins of the Chicago school, the development of postwar labour economics, the Cold War and dynamic programming, the intellectual origins of European competition policy, relations between psychology and economics and economists' influence on law.

Once again, 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 light on subsequent developments.
Our preference is for what has been termed 'historical' rather than 'rational' reconstructions or methodological reflections, but all proposals on the period will be carefully considered. We encourage proposals from scholars coming from history, economics, sociology, or any field that may yield insights. Proposals from doctoral students and junior researchers are welcomed.

If you are interested in participating, please submit a proposal containing roughly 500 words and indicating clearly the original contribution of the paper. The deadline for the submission of paper proposals is 15 October 2007. Notice of acceptance or rejection will be sent in November 2007 and completed papers will be due on 15 March
2008 so that we can provide feedback and then give discussants time to prepare worthwhile comments.

The organizing committee consists of:
Roger Backhouse (University of Birmingham) Philippe Fontaine (École normale supérieure de Cachan) Tiago Mata (Technical University of Lisbon)

All proposals and requests for information should be sent to:
tmata@iseg.utl.pt

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Conferences, Seminars and Lectures

Green Economics Training Day

The GREEN ECONOMICS INSTITUTE would like to invite you for yet another exciting Green Economics Training Day.

The event will take place on Saturday 10 November 2007 at Mansfield College, Oxford University.

The event will give a comprehensive overview of current developments in the emerging discipline of Green Economics.

Download the file that provides you with the detailed program of the event and contains a report of our last highly successful training event.

As these training events are very popular please ensure you book well in advance to secure your place, a booking form is attached to this email for your convenience. Download the application form.

Any update to the program and further information will be available on our website www.greeneconomics.org.uk.

EAEPE 2007 Conference

Economic growth, development, and institutions - lessons for policy and the need for an evolutionary framework of analysis
http://www.fep.up.pt/conferencias/eaepe2007/ 
Faculdade de Economia, Universidade Porto, Portugal | November 1-3
Address: Faculdade de Economia do Porto; Rua Dr. Roberto Frias, 4200-464 Porto – PORTUGAL

Tel: +351-22-5571214/100 | Fax: +351-22-5505050
E-mail: eaepe2007@fep.up.pt
New: Provisional Programme Available (13 July 2007)

VIPE Conference

Friday, November 16 of this year the VIPE conference will be held in Utrecht, the Netherlands, co-organized by the Utrecht School of Economics and the Tjalling C. Koopmans Institute. The theme of the conference will be

The Political Economy of Financial Markets

Further information may be found at:

http://www.uu.nl/uupublish/tjallingkoopmans/vipeconferentie/45832main.html 

SCEME Workshop

SCEME Workshop 13 October on Knowledge, Information and the Economy: the programme for this event, and registration details, are now available at http://www.sceme.stir.ac.uk/events.htm For further information please contact Sheila Dow at s.c.dow@stir.ac.uk.
**Please note new accommodation option, but reservations required by end-August to guarantee availability**


International Confederation of Associations for Pluralism in Economics - News

ICAPE Photos

Perhaps you will be interested to see photos of ICAPE's 2nd international conference, now available at the ICAPE website:

http://www.icape.org/photo-check.htm

Depending on your browser, the page may take a moment to load! Many thanks to Erik Olsen for fine photojournalism.

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Job Postings for Heterodox Economists

The University of St. Thomas

The University of St. Thomas, Opus College of Business, Department of Ethics and Business Law, seeks candidates for a tenure-track position (Asst., Assoc., or Full Professor) in Business Ethics starting in Fall 2008. The downloadable description provides details of the position. In particular, the university is looking candidates who are committed to the mission of St. Thomas and who can translate that mission in their teaching and research. Download the flyer

New York University in London

NYU in London, an affiliate of New York University, is seeking a part-time lecturer to teach a 1st year undergraduate course in Macroeconomics from 3rd September 2007-14th December 2007 on Mondays from 10am-1pm.

NYU in London has created a study abroad programme of exceptional quality for its students, and is therefore looking for academic staff with an excellent record in teaching and research. We are looking for established, research-active academic staff (not PhD students). The lecture course meet 2
1/2 hours per week, at NYU in London, 6 Bedford Square, WC1.

Terms and conditions to be discussed with the successful applicant.
Applicants should be EU nationals or currently hold a UK work permit at time of application. Further information can be obtained informally, by telephone or email via the contact details below. Interested applicants should send a CV to the Assistant Director for Freshman Programmes, David Crout, via email or at the address below in the first instance.

David Crout
Assistant Director for Freshman Programmes NYU in London an affiliate of New York University, USA Room 22, 3rd Floor
6 Bedford Square, London, WC1B 3RA, UK
from US t: 011 44 20 7907 3258
non US t: +44 (0) 20 7907 3258
f: +44 (0) 20 7907 3350
w: http://www.nyu.edu/global/london/
e: david.crout@nyu.ac.uk
--
Course description - Economic Principles I - Macroeconomics

Focuses on the economy as a whole (the “macroeconomy”). Begins with the meaning and measurement of important data (on unemployment, inflation, and production), then turns to the behaviour of the overall economy. Topics include long-run economic growth and the standard of living; the causes and consequences of economic booms and recessions; the banking system and the Federal Reserve; the stock and bond markets; international exchange rates and the impact of global economic events; and the role of government policy.

Albright College

Economics and Business for Strategic and International Management
The Department of Economics and Business at Albright College invites applications and nominations for a rank-open, tenure track faculty position in the fields of Strategic and International Management. Exceptional candidates may be named to the endowed William and Mary Dearden Chair in Business. The teaching load is 6 sections per year consisting of 4 sections of a senior Strategies capstone course, 1 section each of international management and senior seminar in international business. Depending upon the candidate’s interests and department needs, other courses may be included. The department plans to grow the international business program and the ideal candidate will assume leadership for curriculum development, including possible collaboration with other departments. Earned doctorate in management preferred but related fields considered. Demonstrated excellence in undergraduate teaching and commitment to scholarship are essential for selection and advancement. Albright College values experiential and interdisciplinary learning and presents opportunities for collaboration in teaching and scholarship. Applicants should send a letter of application, vita, and evidence of teaching effectiveness to email address hr@alb.edu. Selected candidates will be required to submit letters of references, scholarship sample and a teaching philosophy. Review of applications will begin July 23 and continue until the search is closed. Preliminary interviews will take place at the Academy of Management meetings in Philadelphia. Information about Albright College can be found at www.albright.edu. Albright College is an Affirmative Action, Equal Opportunity Employer and is actively committed to diversity within its community. In pursuit of that, we actively encourage diversity among applicants for this position.
http://www.albright.edu/catalog/eco.html 
http://www.albright.edu/index.php

University of Greenwich Business

Visitin Lecturers London- Economics
University of Greenwich Business School is seeking visiting lecturers for
- tutorials in introductory economics
- a final year UG course in microeconomics
- a postgraduate course in financial economics

Applicants should hold PhD in economics or be near completion. Applications are invited by submission of cv to b.cronin@greenwich.ac.uk.

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Heterodox Conference Papers and Reports and Articles

The Neoliberal Challenge: Between the Scientific Sophism and the Communicative Fascination

by José Ramón GARCÍA MENENDEZ
Download the paper


Parasitic Imperialism

by Ismael Hossein-zadeh
http://onlinejournal.com/artman/publish/article_2175.shtml 

Letter: Observation-Based Analysis and Industry Studies

Frank Giarratani (2007) "Letter: Observation-Based Analysis and Industry Studies", The Economists' Voice: Vol. 4: No. 4, Article 3.
http://www.bepress.com/ev/vol4/iss4/art3

SUMMARY:
Observation-based analysis at the firm and plant level is alive, well, and growing, according to Frank Giarratani. More than eight hundred scholars, including many economists, embrace observation-based analysis, and identify with industry studies as a research field based on this principle.

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Heterodox Journals and Newsletters


Levy News

Digital Newsletter of The Levy Economics Institute of Bard College
July 2007

http://www.levy.org 
JULY 2007 REPORT
Volume 17, No. 3
http://www.levy.org/pubs/rpt_17_2.pdf 
WORKING PAPERS
Two National Surveys of American Jews, 2000–01: A Comparison of the NJPS and AJIS
No. 501
by JOEL PERLMANN
http://www.levy.org/pubs/wp_501.pdf 
Recent Trends in Household Wealth in the United States: Rising Debt and the Middle-Class Squeeze
No. 502
by EDWARD N. WOLFF
http://www.levy.org/pubs/wp_502.pdf 
A Simplified “Benchmark” Stock-flow Consistent (SFC) Post-Keynesian Growth Model
No. 503
by CLAUDIO H. DOS SANTOS and GENNARO ZEZZA
http://www.levy.org/pubs/wp_503.pdf
Female Land Rights, Crop Specialization, and Productivity in Paraguayan Agriculture
No. 504
by THOMAS MASTERSON
http://www.levy.org/pubs/wp_504.pdf 
CONFERENCE PROCEEDINGS
16th Annual Hyman P. Minsky Conference on the U.S. and World Economies
Global Imbalances: Prospects for the U.S. and World Economies
http://www.levy.org/pubs/16th_Minsky.pdf 

Basic Income Studies (BIS)

The Berkeley Electronic Press, together with editors Rafael Pinilla-Pallejà (Ministry of Public Affairs, Spain), Jurgen De Wispelaere (Trinity College Dublin), and Karl Widerquist (Tulane University), is pleased to announce a new issue of Basic Income Studies (BIS), http://www.bepress.com/bis


FRONT MATTER

The Editors "Content".
http://www.bepress.com/bis/vol2/iss1/art1

The Editors "From the Editors".
http://www.bepress.com/bis/vol2/iss1/art2

The Editors "List of Contributors".
http://www.bepress.com/bis/vol2/iss1/art3


RESEARCH ARTICLES

Michael W. Howard "A NAFTA Dividend: A Guaranteed Minimum Income for North America".
http://www.bepress.com/bis/vol2/iss1/art4

José A. Noguera "Why Left Reciprocity Theories Are Inconsistent".
http://www.bepress.com/bis/vol2/iss1/art5

Tony Fitzpatrick "Streams, Grants and Pools: Stakeholding, Asset-Based Welfare and Convertibility".
http://www.bepress.com/bis/vol2/iss1/art6


RESEARCH NOTES

Almaz Zelleke "Targeting Benefit Levels to Individuals or Families?".
http://www.bepress.com/bis/vol2/iss1/art7

Tero Auvinen "A Monetary Reformist Road to Universal Basic Income".
http://www.bepress.com/bis/vol2/iss1/art8

DEBATES

Corina Rodríguez Enríquez "Basic Income and Labour Market Conditions: Insights from Argentina".
http://www.bepress.com/bis/vol2/iss1/art9

Eduardo Matarazzo Suplicy "Basic Income and Employment in Brazil".
http://www.bepress.com/bis/vol2/iss1/art10

Claudia Haarmann and Dirk Haarmann "From Survival to Decent Employment: Basic Income Security in Namibia".
http://www.bepress.com/bis/vol2/iss1/art11

Jeremy Seekings "The Inconsequentiality of Employment Disincentives: Basic Income in South Africa".
http://www.bepress.com/bis/vol2/iss1/art12

Louise Haagh "Basic Income, Occupational Freedom and Antipoverty Policy".
http://www.bepress.com/bis/vol2/iss1/art13

BOOK REVIEWS

Stephen Winter "Review of John W. Hughes, Major Douglas: The Policy of a Philosophy".
http://www.bepress.com/bis/vol2/iss1/art14

Athina Vlachantoni "Review of Keith Dowding, Jurgen De Wispelaere, and Stuart White, The Ethics of Stakeholding".
http://www.bepress.com/bis/vol2/iss1/art15

Mònica Clua Losada "Review of Guy Standing, Income Security as a Right: Europe and North America".
http://www.bepress.com/bis/vol2/iss1/art16

Cristian Pérez Muñoz "Review of Stuart White, The Civic Minimum: On the Rights and Obligations of Economic Citizenship".
http://www.bepress.com/bis/vol2/iss1/art17

The Editors (2007) "Content", Basic Income Studies: Vol. 2: No. 1, Article 1.
http://www.bepress.com/bis/vol2/iss1/art1


The Editors (2007) "From the Editors", Basic Income Studies: Vol. 2: No. 1, Article 2.
http://www.bepress.com/bis/vol2/iss1/art2


The Editors (2007) "List of Contributors", Basic Income Studies: Vol. 2: No. 1, Article 3.
http://www.bepress.com/bis/vol2/iss1/art3


La Revue de la régulation

Communiqué de presse pour le lancement de la Revue de la régulation. Capitalisme, institutions, pouvoirs, revue d’économie en ligne. Http://regulation.revues.org 

La Revue de la régulation Capitalisme, institutions, pouvoirs est une nouvelle revue d'économie en ligne. Elle prolonge "L'Année de la régulation"(1997-2004). Elle vise à fournir un lieu d'expression pour les approches régulationnistes et à nouer le dialogue avec les autres courants hétérodoxes des sciences économiques, pour développer une économie politique historicisée qui prenne en compte les rapports sociaux et mette l’accent sur l’analyse des capitalismes, les relations de pouvoir et le rôle des institutions.
La Revue de la régulation est une publication exclusivement électronique, en libre accès, disponible sur le portail www.revues.org.  Elle met aujourd’hui en ligne son premier numéro.

Directeur de la rédaction: Robert Boyer, UMR-CNRS 8545 -Paris Jourdan Science Economique-PSE
Rédacteur en chef de la revue: Thomas Lamarche, Université Lille3 et GERME Paris 7.
Editée avec le soutien de la Maison des Sciences de l'Homme Paris Nord (CNRS, universités Paris 8, Paris 13).
regulation@revues.org
epasquier@mshparisnord.org 
01 55 93 93 06

Http://regulation.revues.org 


The Régulation Review

 Capitalism, Institutions and Power is a new online economics review. It takes after "L'Année de la régulation"(1997-2004). It aims at providing an organ of expression to the regulationist approach of economics, and at opening the dialogue with other heterodox approaches, in order to develop a political economy sensitive to historical and sociological determination. It will emphasize analyses of capitalisms, power relations and institutions.
The Régulation Review is an exclusively electronic publication. It is free-access from www.revues.org. The first issue is online today.

Director of publication: Robert Boyer, UMR-CNRS 8545 -Paris Jourdan Science Economique-PSE
Editor in chief: Thomas Lamarche, Université Lille3 et GERME Paris 7
Published with the support of  the Maison des Sciences de l'Homme Paris Nord (CNRS, universités Paris 8, Paris 13).
regulation@revues.org
epasquier@mshparisnord.org 
01 55 93 93 06

Http://regulation.revues.org 

Challenge

Volume 50 Number 4 / July-August 2007 of Challenge is now available at http://mesharpe.metapress.com .

This issue contains:

Letter From The Editor

 p. 3

Jeff Madrick

 

The New Case for Keynesianism

 p. 5

George Akerlof

 

Economics for Humans: Conscience, Care, and Commerce?

 p. 17

Julie A. Nelson

 

Getting Immigration Reform Right

 p. 26

Ray Marshall

 

Low Savings or a High Trade Deficit?: Which Tail Is Wagging Which?

 p. 49

Peter Dorman

 

The Impact of Wealth Inequality on Economic Well-Being

 p. 65

Edward Wolff, Ajit Zacharias

 

A Hard-Nosed Look at Worsening U.S. Household Finance

 p. 88

Eric Tymoigne

 

America's Suicide Pact with George W. Bush

 p. 112

Mike Sharpe

 

EAEPE Newsletter

The latest EAEPE Newsletter has been published now. It is available on the EAEPE website. It is possible to download it directly just by clicking on the this link: http://www.eaepe.org/images/july2007.pdf

The newsletter also contains

* the provisional programme of the EAEPE Conference 2007 in Porto.

** a call for candidates for the next EAEPE Council elections. This information is also available directly on the website:
http://eaepe.org/eaepe.php?q=node/view/245

*** news about new summerschools and conferences of interest, where particularly for the more junior EAEPE members the Graduate Student Paper Competition of te journal New Political Economy (go to
http://eaepe.org/eaepe.php?q=node/view/85#NPE08  ) is of interest.

**** three book reviews by Angelo Reati and Giovanna Vertova on:

------------ A.Trigg's book on Marxian reproduction schema:
http://eaepe.org/eaepe.php?q=node/view/248

------------- Pascal Petit's book on the Growth and the Wealth of
Nations: http://eaepe.org/eaepe.php?q=node/view/246

------------- Vaclav Smil's book on Technical innovations creating the Twentieth century: http://eaepe.org/eaepe.php?q=node/view/247

***** a essay where Ulrich Witt reflects on his "intellectual
trajectory": http://www.eaepe.org/eaepe.php?q=node/view/249

Policy Innovations

Globalization is like an ocean current, carrying goods, services, people, money, and ideas—governments can try to erect sea walls, but the influence tends to seep through. The hope for globalization was that a rising tide would lift all boats. Instead, it has been more like a riptide that capsizes the weaker vessels. Without life vests or safety nets, many people in those smaller boats are drowning, as Joseph Stiglitz said at the Carnegie Council in October 2006. A fairer globalization would benefit all people rather than a few special interests. Rather than trying to stop this current or limit people's access, the global economy's stakeholders might build a more sustainable globalization by addressing ethical concerns such as accountability, equity, fairness, justice, and transparency, as well as traditional liberal economic concepts of freedom and efficiency. Policy Innovations is a weekly online magazine devoted to innovators and their ideas for a fairer globalization. The publication's unique concept is to highlight constructive innovations for either building a more ethical globalization or using globalization to advance the cause of social justice. Our definition of "policy" is broad. The community of innovators includes scholars, practitioners, businesspeople, activists, and policymakers. Their ideas include policy prescriptions, business models, and the narratives or process of discovery that inspired them to innovate. Our premise is that innovations guided by ethics will yield a better globalization:
innovations + ethics = better globalization
For more information:
http://www.policyinnovations.org/about/overview 
http://www.policyinnovations.org/

Economic Issues

It is the policy of Economic Issues to publish articles on a wide range of subjects and issues of current economic debate. Subject to professional standards being maintained, the journal will allow authors considerable freedom in how they treat their subjects. Papers are particularly encouraged, however, which contribute to public discussion and which are applicable to the practical concerns of decision-makers. Papers which provide an accessible survey of a field of economic debate are also actively encouraged.
The archive of the journal: http://www.economicissues.org/archive/

Journal of Post Keynesian Economics

Volume 29 Number 4 / Summer 2007 of Journal of Post Keynesian Economics is now available on the mesharpe.metapress.com web site at http://mesharpe.metapress.com.

This issue contains:

It is high time to ditch the NAIRU

 p. 531

Servaas Storm, C. W. M. Naastepad

 

The right to a job: a Post Keynesian perspective

 p. 555

Diane C. Zannoni, Edward J. Mckenna

 

Real wage productivity elasticity across advanced economies, 1963-1996

 p. 573

Scott Carter

 

Explaining persistent unemployment in eastern Germany

 p. 601

John B. Hall, Udo Ludwig

 

Natural equilibrium real interest rate estimates and monetary policy design

 p. 621

Philip Arestis, Georgios E. Chortareas

 

The conventional versus the natural rate of interest: implications for central bank autonomy

 p. 645

Oscar De-Juan

 

The natural rate of interest: which concept? which estimation method? which policy conclusions?

 p. 667

Jesús Crespo Cuaresma, Ernest Gnan

 

The neutral rate of interest and a new monetary policy rule

 p. 689

H. Sonmez Atesoglu

 

Author index to Volume 29

 p. 699



Debatte: Journal of Contemporary Central and Eastern Europe

Debatte provides radical critical analysis, sympathetic to democratic, socialist, ecologist and feminist movements, of developments in the region bounded by Germany in the West and Russia in the East. We are particularly interested in all writing on the social, economic, cultural and political life of Germany and Eastern Europe which connects the specific problems of the region with the wider issues of world order, globalisation and inequality. Debatte is a refereed journal, published three times a year. We very much welcome heterodox economic contributions.

For further information: http://www.informaworld.com/debatte 

Review of Political Economy

Volume 19 Issue 3 is now available online at informaworld ( http://www.informaworld.com  ).

This new issue contains the following articles:


Aumann's and Schelling's Game Theory: The Nobel Prize in Economic Science, 2005
Authors: S. Abu Turab Rizvi

On the Rental Price of Capital and the Profit Rate: The Perils and Pitfalls of Total Factor Productivity Growth
Authors: Jesus Felipe; J. S. L. Mccombie

Free Trade: A Dead End for Underdeveloped Economies
Authors: Rune Skarstein

The New Consensus and Post-Keynesian Interest Rate Policy
Authors: Claude Gnos; Louis-Philippe Rochon

The New Consensus on Monetary Policy and its Post-Keynesian Critique
Authors: Peter Kriesler; Marc Lavoie

Is There a Stabilizing Role for Fiscal Policy in the New Consensus?
Authors: Mark Setterfield

Planning and Know-how: The Relationship between Knowledge and Calculation in Hayek's Case for Markets
Authors: Dan Greenwood

Technology as Transsubjective Structural Context: The Uncertainty of Investor Expectations
Authors: Mathew Forstater

Book Reviews

Metroeconomica

NON-LINEAR PRICING AS A COOPERATIVE GAME

Tommy Andersson

PROLIFERATION OF ACADEMIC JOURNALS: EFFECTS ON RESEARCH QUANTITY AND QUALITY

Rajeev K. Goel and João Ricardo Faria

INTEREST AS AN ARTEFACT OF SELF-VALIDATING CENTRAL BANK BELIEFS

Tony Aspromourgos

THE LABOUR MARKET AND TECHNICAL CHANGE IN ENDOGENOUS CYCLES

Piero Ferri

TESTING WAGE AND PRICE PHILLIPS CURVES FOR THE UNITED STATES

Peter Flaschel, Göran Kauermann and Willi Semmler

EMULATION, PREVENTION AND SOCIAL INTERACTION IN CONSUMPTION DYNAMICS

Francisco Fatás-Villafranca, Dulce Saura


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Heterodox Books, Book Series, and Book Reviews

The Political Economy of U.S. Militarism

by Ismael Hossein-zadeh, Professor of Economics, Drake University

Synopsis:
This wide-ranging, interdisciplinary analysis blends history, economics, and politics to challenge most of the prevailing accounts of the rise of U.S. militarism. While acknowledging the contributory role of some of the most-widely cited culprits (big oil, neoconservative ideology, Zionist lobby, and President Bush’s world outlook), this study explores the bigger picture: the political economy of war and militarism. The study is unique not only for its thorough examination of the economics of military spending, but also for its careful analysis of a series of closely related topics (petroleum, geopolitics, imperialism, terrorism, religious fundamentalism, the war on Iraq, Palestinian-Israeli conflict) that may appear as digressions but, in fact, help shed more light on the main journey. Download
the flyer and news release.
Customer reviews, endorsements, and an image of the book can also be viewed on amazon.com at:
http://www.amazon.com/Political-Economy-U-S-Militarism/dp/0230602282/ref=ed_oe_p/105-1298000-8724441

Reintroducing Macroeconomics: A Critical Approach

by Steven Mark Cohen. Armonk, New York and London, England: M.E. Sharpe. 2007. Cloth, ISBN 978-0-7656-1450-6, $72.95. Paper, ISBN 978-0-7656-1451-3, $35.95. 396 pages.

Download the review by Ryan A. Dodd

Women and Politics in Iran: Veiling, Unveiling, and Reveiling

by Hamideh Sedghi, Cambridge University Press, July 2007

Why were urban women veiled in the early 1900s, unveiled from 1936 to 1979, and reveiled after the 1979 revolution? This question forms the basis of Hamideh Sedghi's original and unprecedented contribution to politics and Middle Eastern studies. Using primary and secondary sources, Sedghi offers new knowledge on women's agency in relation to state power. In this rigorous analysis she places contention over women at the centre of the political struggle between secular and religious forces and demonstrates that control over women's identities, sexuality, and labor has been central to the consolidation of state power. Sedghi links politics and culture with economics to present an integrated analysis of the private and public lives of different classes of women and their modes of resistance to state power.

http://www.cambridge.org/uk/catalogue/catalogue.asp?isbn=9780521835817

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Heterodox Graduate Program and PhD Scholarships

The University of Applied Sciences Berlin

Master`s in Berlin! The University of Applied Sciences Berlin (FHTW Berlin) offers a three-semester master`s programme with a heterodox orientation on "International and Development Economics" (MIDE). The course is taught entirely in English. Tuition fee is 2,000 Euro for the full programme, closing date for applications is 30 September 2007, start is 1 April 2008. Visit http://www.mide.fhtw-berlin.de

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Heterodox Websites

Global MacroScope

Global MacroScope (www.GlobalMacroScope.com) is a heterodox financial news, views and analysis portal. We offer regular commentary on international financial and political economic events and trends. Global MacroScope offers a different view of a highly speculative world economy.

Global Policy Innovations Program

Over the last decade, the development engine appears to have stalled in some regions. Many of the world’s poorest countries are experiencing falling growth rates, rising unemployment, and environmental degradation. Many in the developing world have come to view free trade and financial liberalization not as pathways to prosperity, but as tools of exploitation.
A growing body of innovative scholarship offers promising strategies for sustainable development and a fairer globalization. Yet, these proposals have not been disseminated in a coordinated fashion. In response to this challenge, the Global Policy Innovations program provides a forum for pragmatic alternatives to the current global economic order.
MISSION
To highlight the best new thinking on a fairer globalization.
PHILOSOPHY
Building a fairer global economy starts with protecting fundamental freedoms, and moves toward maximizing human fulfillment, potential, and innovation. This process must be guided by an ethical framework:
innovations + ethics = better globalization.
CONTEXT
Several factors contribute to the timeliness of our mission: the growing criticism of the development policies promoted by the major international financial institutions; the inequitable representation of the Global South in international institutions such as the WTO; the effect of global supply chains and the Chinese economy on labor, business, and environmental standards; the hybridization of business, nonprofit, and public operational models, manifesting in movements such as social entrepreneurship; and the empowerment of global civil society through the Internet.
METHOD
We develop and broadcast innovative ideas through:
Daily publishing – GPI publishes the critically acclaimed online magazine Policy Innovations, a companion blog, podcasts, video, and workshop summaries and analysis.
Regular convening – GPI convenes three levels of meetings: tactical meetings with partners on best practices in civil society; operational dialogues between businesses and NGOs on applied ethics; strategic workshops with scholars, ethicists, and practitioners on shaping the language and terms of the international debate on globalization.
Occasional research – GPI conducts occasional research projects on ethical issues in the global economy. Devin Stewart is currently conducting an interview-based survey with Carnegie Endowment scholar Josh Kurlantzick on the future of Asian economic integration and its effect on labor and environmental standards.

http://www.policyinnovations.org/about/overview


Queries from Heterodox Economists

Free Trade

Dr. Vladimir Masch (skipandscan@optonline.net) would like to talk with people about issues of free trade. Attached (1 and 2) are a couple of things he has written about it.

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For Your Information

Chronicle of Higher Education – July 30, 2007

Canada Denies Work Permit to American Professor Over 1981 Arrest
Canadian authorities have refused to issue a work permit for an American professor who was hired to teach two courses at Carleton University, in Ottawa, allegedly because he was arrested during a labor protest in 1981.
The professor, Thomas F. Juravich, who teaches labor studies at the University of Massachusetts at Amherst, told CBC News that his work permit had been rejected because he was arrested for taking part in a union picket-line protest in the United States.
Canadian officials have refused to comment on the case, but Mr. Juravich said it stemmed from an exchange of information between the U.S. and Canadian governments that could have a chilling effect on lawful protests. He told the CBC that the authorities had asked him for further details and legal documents about the 26-year-old arrest in order to reconsider his application for a work permit.
Mr. Juravich, who is also director of UMass-Amherst’s Labor Relations and Research Center and a contributor to The Chronicle Review, has crossed the Canadian border dozens of times without incident in the past. He was hired by Carleton’s Institute of Political Economy as a visiting professor to lecture on the cultures of Canadian and American labor movements. —Karen Birchard

Research Methods Relevant to Marxist Political Economy Bibliography

Compiled on 7/7/07 by Robin Chang.

Althusser, Louis, “Reading Capital” (co-author), “For Marx”

Benesch, Phillip, "The Viennese Socrates and Marxism: Karl Popper and the reconstruction of progressive politics" (PhD dissertation, University of Delaware, 2004)

Cicourel, “Method and Measurement in Sociology”

Cornforth, Maurice, “Dialectical Materialism”, etc.

Dumenil, Gerard and Dominique Levy, web page http://www.jourdan.ens.fr/levy/

Engels, Frederich, “Anti-Duhring”

Fine, Ben, (1998) “Labor Market Theory: A Constructive Reassessment”

Foley, Duncan, webpage – papers on methodology on webpage http://cepa.newschool.edu/~foleyd/

Gill, L., (2002) “Fundamentos y límites del capitalismo” Ed.Trotta. Madrid

Gill L. (1996) “Fondements et limites du capitalisme” Montreal, Boreal.

Hay, Colin, (2002) “Political Analysis: A Critical Introduction”

Lippit, Victor, “Capitalism”

McCall, Phillip, "An analysis of the methodological foundations of Marxist class theory" (PhD dissertation, University of Denver, 2004)

Martella, Ronald C. C, "Research Methods: Learning to Become a Critical Research Consumer"

Marx, Karl, “Capital, Volume I”, “The Grundrisse”, “Poverty of Philosophy”

Moseley, Fred, ed. - book series on heterodox economic theory

Ollman, Bertell, (1993) “Dialectical Investigations”, (2003) “Dance of the Dialectic: Steps in Marx’s Method” (esp. cpt. 5), "How To Study Class Consciousness...and Why We Should" (found at www.dialecticalmarxism.com)

Peterson, Janice and Margaret Lewis, eds. “Elgar Companion to Feminist Economics” – entry on methodology

Sacristan, M. (1970) "El trabajo científico de Marx y su noción de ciencia", en Sacristán, M.: Sobre Marx y marxismo. Panfletos y materiales I. Ed.Fontanela. Barcelona.

Sawyer, Malcolm C. and Philip Arestis, eds. “Elgar Companion to Radical Political Economy” – entry on methodology

Sayer, Andrew, "Method in Social Science: A Realist Approach"

Shaikh, Anwar and Tonak, (1994) “Measuring the Wealth of Nations”, Cambridge University Press

Sheppard, Eric and Trevor Barnes, "The Capitalist Space Economy: Geographical Analysis After Ricardo, Marx and Sraffa"

Smith, Tony, “Dialectical Social Theory and Its Critics”, “The Logic of Marx’s Capital”, etc.

Sorokin, “Fads and Foibles in Modern Sociology and Related Sciences”

Sperber, Irwin, (1991) “Fashions in Science”, University of Minnesota Press

Walden, Philip, (2002) "The rise, decline and revival of dialectical materialism" (Ph.D. dissertation University of South Hampton)

An interesting article on the imperialism of economics in political science

http://www.thenewatlantis.com/archive/16/crawford.htm

Dr. Sabine U. O’Hara appointed Executive Director of the Council for International Exchange of Scholars and Vice President of Institute of International Education.

A letter from Hazel Henderson

The European Commission is pursuing an important initiative - its BEYOND GDP conference to be held in the European Parliament, Nov. 19-20th (more at www.beyond-gdp.eu). I am honored to serve on the Organizing Committee and Advisory Board.
Since our launch of www.EthicalMarkets.tv, many of you have downloaded the tool bar and watched our TV shows and many others. This ITV channel now reaches over 80 million viewers worldwide! Free and on-demand. Please let us know your updates to add to our NEWS page at www.EthicalMarkets.com. AND, send us your videos on common issues so we can air them worldwide on www.EthicalMarkets.tv.
Our TV affiliate in Brasil – Mercado Ético – has achieved spectacular success! Congratulations to its president, Christina Carvalho Pinto; its executive director, Rosa Alegria who is also Brasil’s world-renowned futurist; and Ricardo Carvalho, Brasil’s prominent environmental journalist. Watch their TV programs (with English subtitles) on our websites or at www.mercadoetico.com.br
Our associates in Britain, www.Frontier.tv, have launched, and we are delighted that they have licensed some of our Ethical Markets TV series. I am happy to serve on Frontier.tv’s Advisory Board.
Our latest show is now launched. Check PBS local station listings in July and August for Growing the Green Economy, a one-hour special focusing on who is financing the new technologies and growth of these sustainability sectors worldwide. DVDs of all our programs are available from www.films.com  and their 10 million catalogues sent to colleges and libraries.
My book, Ethical Markets: Growing the Green Economy (Chelsea Green 2007), is the companion book to our Ethical Markets television series. I am doing many presentations on the topics it covers – mostly as live, interactive videocasts. They save groups my travel expenses and keep CO2 out of the atmosphere!
My book, The Power of Yin (Cosimo Books 2007) is co-authored by Jean Houston, advisor to UNICEF in human and cultural development, and Barbara Marx Hubbard, president of the Foundation for Conscious Evolution. A tri-alogue about the challenges facing society today, we taped this discussion in 1977 and 1978! The Power of Yin invites women and men everywhere to express their own genius and empower their highest values and goals to help evolve the human community. Watch us all on www.EthicalMarkets.tv.
Warm wishes and many thanks for your wonderful support over the years!
Hazel
Here is my latest editorial

Giant man with a mind to match

August 10, 2007
Ted Wheelwright, 1921-2007

TED WHEELWRIGHT was teaching and writing about global capitalism decades before the term "globalisation" became fashionable.
He warned of its dangers: dependence on foreign investment, economic inequality, environmental degradation, the power of transnational corporations and the undermining of national sovereignty.
These prescient warnings proved less influential than the neo-liberal ideas, sometimes called economic rationalism, that have been the orthodoxy in economic thinking in the past two decades.
His influence was strong, however, both at the University of Sydney and in the wider society. He contributed to the development of the political economy program of courses that still flourishes at the university, attracting about 400 students annually.
Wheelwright was also a frequent contributor to media debate, regularly presenting Notes on the News for ABC radio, invariably with some critical insights on current events. His legacy also includes the 11 books that he wrote and nine others he co-edited, five with the economic historian Ken Buckley, who died last year.
Wheelwright had an enduring impact on the generations of students he taught between 1952 and 1986, when he retired as associate professor of economics. As a teacher he was much respected for his authority and clarity, charm and charisma.
Students admired, even loved, him for much the same reasons as orthodox economists found his views unsettling. He was refused promotion to a full professorship at Sydney University six times, despite his outstanding teaching and publications, on the last occasion sparking a public controversy. Forty parliamentarians signed a petition calling on the university to change its decision. This was in 1975 when the alternative political economy course was just beginning and conservatives were still trying to frustrate its development.
Edward Lawrence Wheelwright, who has died of bronchial pneumonia, at 85, was born in Sheffield, England. He worked as a bank clerk after leaving school. At the outbreak of World War II, he joined the Royal Air Force, rising to the rank of squadron leader.
He flew in Lancasters on bombing raids over Germany and was awarded the Distinguished Flying Cross. One of his tasks as a navigator was to instruct colleagues about each mission before they took off. He later recalled this was where he learnt the essentials of clear teaching. It was, after all, a matter of life and death.
After the war he married Wendy McGregor in Glasgow and received an ex-serviceman's scholarship to study economics and political science at the University of St Andrews in Scotland.
As a mature-aged student, he knew what he wanted from his studies. He wanted to know what caused war, and why his father - a steelworker - had been out of work for five years during the Depression. He found some answers in a combination of Keynesian, Marxian and institutional economics.
After teaching for two years at Bristol University, he emigrated to Australia to become a lecturer at the University of Sydney in 1952. He became active in the ALP and later in the movement opposing the Vietnam War. He marched at the head of a demonstration by Veterans Against the War, proudly wearing his medals.
Wheelwright was an intellectual of unashamedly socialist inclinations, so some thought it inconsistent that he drove a big old Mercedes, but that was the only car he could fit his long legs into. Like J.K. Galbraith, the great American political economist who died last year, he was a giant in intellect and stature.
The topics Wheelwright addressed in his teaching and writing included multinational corporations, international finance, imperialism, economic development, the Chinese economy, education, environmentalism, consumerism and Australian industry. He always stressed that economic policy involves much more than textbook economics - that it is an issue involving ethical judgments and requiring an understanding of the use and abuse of economic power.
The Whitlam government appointed him to two committees of inquiry: into the future of Australian manufacturing industry, and into government procurement policy. He served on the board of the Commonwealth Bank before it was privatised - a process he vigorously opposed - and on the board of the H.V. Evatt Foundation.
Wheelwright was instrumental in the formation of the Australian Consumers' Association and the University Co-operative Bookshop. Graduates elected him to the Sydney University senate, where he chaired the finance committee.
An annual prize in his honour is awarded to the top student in the introductory political economy course at the university.
In retirement he publish a bi-monthly Political Economy newsletter up until two years ago.
Wheelwright is survived by Wendy, two daughters, five grandchildren and one great-grandchild.
A celebration of his life will be held at Balmoral Beach Club on September 23.
Frank Stilwell


New Executive Director of CIES Appointed IIEAPPRV (2)

Institute of International Education Appoints Dr. Sabine U. O’Hara as
Executive Director of the Council for International Exchange of Scholars and
Vice President of IIE

Former President of Roanoke College Brings Expertise in Global Education, Strategic Planning, and Resource Development

WASHINGTON, DC July 25, 2007 --- The Institute of International Education (IIE), a nonprofit educational and cultural exchange organization founded in 1919 (www.iie.org), is pleased to announce the appointment of Dr. Sabine U. O’Hara as Executive Director of the Council for International Exchange of Scholars (CIES) and Vice President of IIE.

For over 50 years, CIES (www.cies.org) has helped administer the Fulbright Scholar Program, the U.S. government’s flagship academic exchange effort, on behalf of the United States Department of State, Bureau of Educational and Cultural Affairs. CIES, a division of IIE in New York, NY, is based in Washington, DC.

Dr Allan Goodman, IIE’s President and CEO, welcomed Dr. O’Hara to her new position, noting how well her past career has prepared her to lead CIES. “Dr. O’Hara’s successful and diverse experience in leadership roles at a variety of U.S. higher education institutions, and her academic experience in Germany and the U.S., gives her a unique perspective on the importance of scholarly exchange and the role that international education can have in strengthening higher education institutions in the U.S. and abroad.” Regarding her appointment, Dr. O’Hara said, “I consider serving as Executive Director of CIES and Vice President of IIE an exceptional opportunity, as I have long known the organizations’ important mission to improve global understanding and, ultimately, world peace. CIES is positioned uniquely to expand further its international leadership role in the exchange of people and ideas at a critical time in our world. I am pleased to be part of this important work.”

Most recently, Dr. O’Hara was President of Roanoke College in Salem, Virginia, where she served as the institution’s tenth president. A respected author, researcher and professor, Dr. O’Hara is well known for her expertise in sustainable economic development and global education and has lectured around the globe, including Australia, Brazil, Costa Rica, Germany, Tunisia, and the UK. She is the author of two books and numerous peer-reviewed articles, book chapters and research reports. She has also developed and taught various undergraduate and graduate courses, many related to economic development, sustainability and economics and ethics.

Prior to joining Roanoke, Dr. O’Hara served as Vice President for Academic Affairs at Concordia College in Moorhead, Minnesota. Her earlier experience included serving as Provost and Professor of Economics at Green Mountain College in Poultney, Vermont; as faculty member and Director of Graduate Studies in Economics at Rensselaer Polytechnic Institute; as visiting scholar at Harvard University and as Director of Public Policy for the New York State Council of Churches.

Dr. O’Hara is a native of Germany and completed her undergraduate and graduate studies at the University of Gottingen, where she also received a doctorate in environmental economics. An active scholar and advocate for higher education, she serves on the board of directors of several national organizations, including the United States Society of Ecological Economics, and the Association for Social Economics.

About CIES

The Council for International Exchange of Scholars (CIES) was founded in 1947 to administer the Fulbright Scholar Program on behalf of the U.S. Department of State, following passage of the Fulbright Act. Comprised of program staff organized by world regions, CIES works as a cooperative partner with the United States Department of State, Bureau of Educational and Cultural Affairs. The core scholar exchange program attracts some 800 U.S. faculty and professionals to 140 countries each year to lecture, research or do both. An equal number of overseas academics and professionals visit the U.S. to do the same. The program also addresses current global challenges through a number of innovative means, such as cutting-edge research conducted by international teams of New Century Scholars; a Visiting Specialist program designed to impart better understanding of the Muslim world on U.S. college and university campuses; and unique trans-national collaborations established by an increasing number of Fulbright Senior Specialists, grantees with expertise in critical-demand areas who are engaged in short-term academic opportunities.

As CIES’ parent organization, IIE works with the U.S. Department of State to administer the Fulbright Student Program, and with many other partners (governments, foundations, corporations, colleges and universities, international organizations, and generous individuals) to provide educational exchange and development training opportunities. IIE has a network of 19 offices worldwide, over 900 college and university members, and more than 5,000 volunteers. More information about IIE is available at www.iie.org
 


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