EconoMonitor — Special Announcement

EconoMonitor — Special Announcement

NEW YORK, Jul 21, 2015 — Roubini Global Economics, a leading provider of independent, global macroeconomic research, today announced the formation of EconoMonitor LLC, a new joint venture between Roubini Global Economics and Ashmore Media Group.

In August 2015, EconoMonitor LLC will be relaunching the EconoMonitor blog, a community for informed commentary on economic, financial, and geopolitical developments around the world. The new business will be managed by CEO Norman Wetmore and Editor-in-Chief Ash Bennington, in partnership with Roubini Global Economics.

“I am very excited about relaunching EconoMonitor,” said Chairman Nouriel Roubini. “We believe that the new EconoMonitor website will become an important destination for economic news, analysis, and opinion. I am especially happy to be working with the team from Ashmore Media to take this opportunity to the next level.”

“I’m delighted to be leading EconoMonitor and partnering with Roubini Global Economics,” said Norman Wetmore, EconoMonitor’s new CEO, “and I’m very pleased to be working with the entire Roubini team, along with an impressive list of external contributors”

“We are looking forward to building EconoMonitor into a world class macroeconomic, community-based portal,” Ash Bennington, EconoMonitor Editor-in-Chief said. “The team at Roubini Global Economics brings a vast body of economic insight and thought leadership to the table: It’s a great place to build a global digital community for informed commentary on economic, financial, and geopolitical developments around the world.

George Fisher — Warren Mosler – An International Leader in Modern Monetary Theory Endorses Bernie Sanders

So, it’s not only eye catching that Mosler writes on his Facebook page of his support for Bernie Sanders – it’s also newsworthy. 

 

It’s so important that it got me working on a Sunday morning as I followed up with Mosler for any clarification. I asked him if this was his endorsement of Sanders: “Yes, I’m officially endorsing him.”

George Fisher
Warren Mosler – An International Leader in Modern Monetary Theory Endorses Bernie Sanders

Brian Romanchuk — Understanding Government Finance - Released

The BondEconomics.com eReport Understanding Government Finance has been released, and is available at online retail stores.

It is currently available at: Amazon, Kobo, and Tolino, and should appear at a few other retailers within a few days.

Bond Economics
Understanding Government Finance - Released
Brian Romanchuk

Steve Keen — 2 new positions at Kingston University London

We are hiring two new staff at Kingston University: one permanent position at Associate Professor level, and one short-term contract to cover an absent colleague.

If you’d like to work at one of the few pluralist-friendly economics departments in the world, and you’re suitably qualified, please follow the links below for more details and to submit your application. 

Associate Professor position 

Short-term lecturer position

The deadline for applications is tight: they are due by June 26.

Steve Keen's Debtwatch
2 new positions at Kingston University London
Steve Keen

Lars P. Syll — My new book is out

On the Use and Misuse of Theories and Models in Mainstream Economics

Congratulations!

Lars P. Syll’s Blog
My new book is outLars P. Syll | Professor, Malmo University

RWER — Steve Keen's New Book – Developing an economics for the post-crisis world

Developing an economics for the post-crisis worldSteve KeenPublished 2 March 2015 by WEA Books  – price: $10

The veracity of mainstream economics has been called into question in the years since the economic crisis began. But the questioning of economics precedes the crisis, and not by merely years but arguably ever since 1898, when Thorstein Veblen published his brilliant paper “Why is Economics not an Evolutionary Science?” But Veblen’s critique fell on the deaf ears of the mainstream, and was unknown to the public. Only in the fringes of academic economists did Veblen’s words, and the spirit of rebellion he encouraged, live on.

Economics came under challenge again in the 1930s, and this time Keynes led the charge against an orthodoxy that, six years after the Great Depression began, had no idea what caused it, or how to overcome it. But Keynes’s challenge was largely deflected by Hicks’s reinterpretation of Keynes, and the taxonomic economics that Veblen hoped to defeat was rebuilt after the challenge of the Great Depression and the World War had ended.

In 2007, the global economy experienced its greatest crisis since the Great Depression, and once again, mainstream economics failed to anticipate the crisis, and even after it has apparently passed – in the Anglo-Saxon world at least – once again, can provide no explanation of why it happened in the first place.   What is different this time around is that there is a publicly accessible outlet for critical voices, and it has been around – in various guises – for 15 years. What was first known as PAECON (the Protest against Autistic ECONomics) and is now known as the Real World Economics Review was established by Edward Fullbrook in 2000 in response to protests by French students against the unworldly theorems they were forced to learn in the French economics curriculum. When the financial crisis hit in late 2007, the Real World Economics Review was already there, ready to provide an outlet for critical economists, and intent on getting their views to the public.

This short book provides the articles that I have published in RWER over the last fifteen years – starting with the first in July 2001. The topics covered include methodology, microeconomics, and the monetary approach to macroeconomics that I have been developing – along with many other non-mainstream economists – over the last 20 years.

You may purchase ($10) and download this book in PDF, EPUB, and MOBI formats here 

RWER Real-World Economics Review 

Spanish Language Edition of The Modern Money Primer now available

For our Spanish speaking followers, my Modern Money Primer has just been released in Spanish and is available: http://www.amazon.es/Monetaria-macroeconom%C3%ADa-sistemas-monetarios-soberanos/dp/3944203097/ref=sr_1_3?ie=UTF8&qid=1423234500&sr=8-3&keywords=teoria+monetaria+moderna

Economonitor — Great Leap Forward
The Modern Money Primer: Spanish Language Edition

L. Randall Wray | Professor of Economics, University of Missouri at Kansas City

Book Announcement — John T. Harvey — CONTENDING PERSPECTIVES IN ECONOMICS

Edward Elgar Publishing
CONTENDING PERSPECTIVES IN ECONOMICS
A Guide to Contemporary Schools of Thought
John T. Harvey, Texas Christian University, US

‘This wise and lucid guide to pluralism in economics embodies the
values of its cause. Generous, open-minded, fair, accurate and
accessible: John Harvey’s new book is a fine achievement that every
economics major should read.’
– James K. Galbraith, The University of Texas at Austin, US

'Fifty years ago I used Robert L. Heilbroner's The Worldly Philosophers to get students excited about economics. Today I would use John T. Harvey's Contending Perspectives in Economics. The book is beautifully written and full of insights into who economists are and why they think the way they do.'
– Paul D. Bush, California State University, US

'Economics is a mess. Oppositional clans ("schools"), pseudo-science, corruption of various kinds and relentless disdain for the real-world predominate. If you are thinking of entering this war-zone, then reading John Harvey's Contending Perspectives in Economics is your best bet for retaining your intellectual health.'
– Edward Fullbrook, University of the West of England, UK

'I just finished reading the book! I feel like I learned so much from it, and not just in terms of the information itself. As I read, it stimulated so much thought I found myself writing many pages on things I'd never even thought about!'
– Marcus Schiebold, Economics Undergraduate Student, University of North Texas, US

John Harvey's accessible book provides a non-technical yet rigorous introduction to various schools of thought in economics. Premised on the idea that economic thinking has been stunted by the almost complete rejection of anything outside the mainstream, the author hopes that this volume will open readers' minds and lead them in new and productive directions. In his exploration of Neoclassical, Marxist, Austrian, Post Keynesian, Institutionalist, New Institutionalist and Feminist schools of thought, unique features of each approach are highlighted, complemented by discussions of methodology, world views, popular themes, and current activities. Accurate and impartial, every chapter covering a heterodox school of thought has been vetted by an acknowledged expert in that field.

2015 168 pp Hardback 978 0 85793 203 7 £65.00 (UK/RoW) • March 2015 $99.95 (N/S America) Elgaronline 978 0 85793 204 4

Stephanie Kelton — Hiatus (personal)

I’m in Washington, D.C. this morning, kicking off the new year in a new job. There are some rules about blogging (and so forth) and, while it is permitted, I think it’s best for me to hand over the reins to my friend and colleague, William K. Black so that I can give my full attention to the tasks ahead. I appreciate Bill’s willingness to take over as Editor-in-Chief of NEP.…

New Economic Perspectives
Hiatus (personal)

Stephanie Kelton | Chief Economist, Senate Budget Committee (minority)

12th International Post Keynesian Conference September 25 – 27, 2014 at the University of Missouri – Kansas City

The 12th International Post Keynesian Conference is being held in Kansas City, September 25 – 27, 2014 at the University of Missouri – Kansas City. Below is the complete schedule for the conference. For a direct link to the schedule, click here.

New Economic Perspectives
12th International Post Keynesian Conference
Devin Smith

Unlearning Economics — Final Post

Unlearning signs off, although he will occasionally be posting elsewhere.

Unlearning EconomicsFinal Post

Max B. Sawicky — MaxSpeak, You Listen

New blog

MaxSpeak, You Listen
Max B. Sawicky

Randy Wray Live on Thom Hartmann’s Show May 27, 3-4pm ET

I’ll be on Thom Hartmann’s show next Tuesday, May 27, 3-4pm Eastern Time.

Info on how to listen:

Live on radio stations coast to coast…live on XM/Sirius satellite radio…simulcast LIVE on Free Speech TV on Dish Network, Direct TV, Comcast Cable, RCN, Cox Cable, Time Warner, Verizon Fios and over 200 independent community cable providers nationwide including Manhattan Neighborhood Network.

The audio and video are streamed LIVE on website www.thomhartmann.com. Free Speech TV also streams the program LIVE on their website: https://www.freespeech.org/

The program is also streamed LIVE (audio and video) on The Thom Hartmann Program app available for iPhone and iPad (free of charge on iTunes).

Economonitor — Great Leap Forward
Wray Live on Thom Hartmann’s Show May 27, 3-4pm ET
L. Randall Wray | Professor of Economics, University of Missouri at Kansas City

Steve Keen appointed Head of the School of Economics, History and Politics at Kingston University in London

Congratulations!

I have just accepted an offer to become Head of the School of Economics, History and Politics at Kingston University in London. I will take up the appointment in time for the Autumn term, which starts on September 23rd.

Kingston will respond positively to calls from students for genuine reform of economics education—like those made by the Post-Crash Economics Society in Manchester, and the International Student Initiative for Pluralism in Economics (which was launched only days ago)....

Steve Keen's DebtWatch
For a pluralist education, come to Kingston
Steve Keen | Head of the School of Economics, History and Politics at Kingston University in London

Brian Romanchuk — Bond Economics Personal Finance Hub Launched

I have split off the personal finance section of bondeconomics.com to the Personal Finance Hub -personalfinance.bondeconomics.com. This was so that readers can narrow down the topics of my writings. ThePersonal Finance Hub has a separate feed, so you have more control over what you subscribe to. Of course, I would like it if you subscribe to both feeds.

Bond Economics Personal Finance Hub
Bond Economics Personal Finance Hub Launched

Brian Romanchuk

Thom Hartmann — The Crash of 2016: The Plot to Destroy America--and What We Can Do to Stop It

Thom Hartmann's latest book:

The United States is more vulnerable today than ever before-including during the Great Depression and the Civil War-because the pillars of democracy that once supported a booming middle class have been corrupted, and without them, America teeters on the verge of the next Great Crash.

The United States is in the midst of an economic implosion that could make the Great Depression look like child's play. In THE CRASH OF 2016, Thom Hartmann argues that the facade of our once-great United States will soon disintegrate to reveal the rotting core where corporate and billionaire power and greed have replaced democratic infrastructure and governance. Our once-enlightened political and economic systems have been manipulated to ensure the success of only a fraction of the population at the expense of the rest of us.

The result is a "for the rich, by the rich" scheme leading to policies that only benefit the highest bidders. Hartmann outlines the destructive forces-planted by Lewis Powell in 1971 and come to fruition with the "Reagan Revolution"-that have looted our nation over the past decade, and how their actions fit into a cycle of American history that lets such forces rise to power every four generations.

However, a backlash is now palpable against the "economic royalists"-a term coined by FDR to describe those hoarding power and wealth-including the banksters, oligarchs, and politicians who have plunged our nation into economic chaos and social instability.

Although we are in the midst of what could become the most catastrophic economic crash in American History, a way forward is emerging, just as it did in the previous great crashes of the 1760s, 1856, and 1929. The choices we make now will redefine American culture. Before us stands a genuine opportunity to embrace the moral motive over the profit motive-and to rebuild the American economic model that once yielded great success.

Thoroughly researched and passionately argued, THE CRASH OF 2016 is not just a roadmap to redemption in post-Crash America, but a critical wake-up call, challenging us to act. Only if the right reforms are enacted and the moral choices are made, can we avert disaster and make our nation whole again.

The Crash of 2016: The Plot to Destroy America--and What We Can Do to Stop It
Thom Hartmann

(h/t Eric Ashelman)

Monks try crowdfunding to restore St Francis cell (via AFP)

Monks try crowdfunding to restore St Francis cell (via AFP)

Crowdfunding and medieval history are coming together in Rome as a group of Franciscan monks take to the Internet to drum up funds to restore a dusty cell said to have been used by St Francis of Assisi himself. Located in the trendy Trastevere district…

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The 23rd Annual Minsky Conference Is Coming to D.C. April 9–10, 2014

The National Press Club
Washington, D.C.
April 9–10, 2014

Multiplier Effect
The 23rd Annual Minsky Conference Is Coming to D.C.
Posted by Michael Stephens

New MMT blog makes debut — Modern Monetary Theory: Real Economics

Posting began on October 25.

Modern Monetary Theory: Real Economics

The Modern Money Network — An Economic Bill Of Rights For The 21St Century, Friday 18th October

Announcement of conference — Friday 18th October

The Modern Money Network

An Economic Bill Of Rights For The 21St Century