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BEGIN:VEVENT
DTSTART;TZID=UTC:20191127T180000
DTEND;TZID=UTC:20191127T193000
DTSTAMP:20260407T000853
CREATED:20190923T111104Z
LAST-MODIFIED:20191106T131741Z
UID:998-1574877600-1574883000@politicaleconomyhub.net
SUMMARY:St Catharine’s Political Economy Seminar – ‘Policies to promote low-carbon technological development’ by Hector Pollitt
DESCRIPTION:Date: Wednesday\, 27 November 2019\nTime: 18:00 -19:30\nSpeaker: Hector Pollitt\nTalk Title: “Policies to promote low-carbon technological development”\nLocation: Ramsden Room\, St Catharine’s College \nSpeaker:\nHector Pollitt is the head of modelling at Cambridge Econometrics. He is a post-Keynesian economist with specific expertise in macro-sectoral economic modelling. He is currently researching linkages between post-Keynesian economics and complexity theory. At Cambridge Econometrics\, Hector Pollitt oversees the application of the E3ME macro-econometric model\, which treats the economy as a dynamic system that both shapes and is influenced by technological development. Using the E3ME model\, he has carried out high-level policy analysis for public authorities at UK\, EU and global levels. He has worked with the European Commission for over ten years and provided inputs to the recent assessment of the EU’s long-term decarbonisation strategy. His other recent work has shown how the development of low-carbon technologies could lead to long-run economic benefits. For example\, his modelling for the 2018 New Climate Economy report suggested that limiting global temperature change to 2°C could create $26trn of additional wealth by 2030. \nTalk Overview\nThe challenge to decarbonise the global economy is primarily one of technology development and diffusion. Policies that are popular with economists\, such as carbon taxes\, will not be effective at reducing emissions levels if consumers do not see affordable alternatives to fossil fuels. Furthermore\, without new technology options\, these policies are likely to cause social unrest. The solar revolution has given us conclusive proof that policy can influence both the direction and speed of technological development. This finding has important implications for policy makers and suggests that a much broader portfolio of measures is needed than basic carbon pricing measures.\nHowever\, successful innovation policy requires an understanding of the innovation chain\, right through from basic laboratory research to final commercialisation of products. Accelerating this process requires interventions at each point in the innovation chain. This seminar discusses the role of innovation policy in combating climate change. It will discuss the role of research in the private and public sectors\, and the interaction of incentives to innovate with other climate policies. \nPlease contact the seminar organisers Philip Arestis (pa267@cam.ac.uk) and Michael Kitson (mk24@cam.ac.uk) in the event of a query.
URL:https://politicaleconomyhub.net/event/st-catharines-political-economy-seminar-the-role-of-government-policy-to-incentivise-technology-innovation-to-meet-the-climate-change-challenge-by-laura-diaz-anado/
LOCATION:Ramsden Room\, St Catharine’s College\, St Catharine's College\, Cambridge\, cb21rl\, United Kingdom
CATEGORIES:StCatzS
ATTACH;FMTTYPE=image/png:https://politicaleconomyhub.net/wp-content/uploads/2015/01/ST_Catz_shield.png
END:VEVENT
BEGIN:VEVENT
DTSTART;TZID=UTC:20191113T180000
DTEND;TZID=UTC:20191113T193000
DTSTAMP:20260407T000853
CREATED:20190923T110720Z
LAST-MODIFIED:20190923T110756Z
UID:995-1573668000-1573673400@politicaleconomyhub.net
SUMMARY:St Catharine’s Political Economy Seminar – ‘The End of History: The Political Economy of Post-Liberal Capitalism’ by Aleksandr Buzgalin
DESCRIPTION:Date: Wednesday\, 13 November 2019\nTime: 18:00 -19:30\nSpeaker: Aleksandr Buzgalin\nTalk Title: ‘The End of History: The Political Economy of Post-Liberal Capitalism’\nLocation: Ramsden Room\, St Catharine’s College \nAll are welcome. The seminar series is supported by the Cambridge Journal of Economics and the Economics and Policy Group at the Judge Business School. \nSpeaker:\nAleksandr Buzgalin is professor at the department of Political Economy and director of the Center for Modern Marxist Studies at Lomonosov Moscow State University\, Russia\, and Editor in Chief of Questions of Political Economy (Russian bilingual academic journal). He is also vice president of the World Association for Political Economy (WAPE).  Buzgalin is the author of more then 400 publications\, including 23 books\, translated into a number of languages. His areas of research focus on methodological and fundamental aspects of political economy\, in particular contradictions of the late capitalism\, caused by the new technological transformations and new qualities of market\, money and capital in the era of creative revolution. Results of his research were published in Cambridge Journal of Economics\, Science & Society and other journals. He is also the author of books and articles in the sphere of development studies\, comparative analysis of economic systems and nature of Russian economy. \nTalk Overview\nThirty years ago\, Francis Fukuyama in his article ‘The End of History?’ formulated a thesis about the final victory of the neoliberal model of capitalism. But history does not stop. Two hundred years after the birth of Marx\, The Economist wrote that the millenial generation chooses socialism\, and the experts who prepared the report to the US president described socialism as the main threat. Alexander Buzgalin shows that the cause of these fears is the crisis of the existing system of economic relations and institutions of late capitalism. He systematizes the evidences of this crisis and shows\, that dominant political and economic elite is looking for a way out of the impasse on the paths of ‘neoliberal conservatism’ that integrates further de-socialization and deregulation in the economy with conservative-authoritarian trends in politics and ideology. At the end of the contribution\, Alexander Buzgalin reveals a number of ways of socialization\, humanization and ecologization of capitalism\, objectively conditioned by the progress of technologies and practices of civil society actors\, which differ from the existing social democratic projects that have proved to be of little effectiveness \nPlease contact the seminar organisers Philip Arestis (pa267@cam.ac.uk) and Michael Kitson (mk24@cam.ac.uk) in the event of a query \n 
URL:https://politicaleconomyhub.net/event/st-catharines-political-economy-seminar-the-end-of-history-the-political-economy-of-post-liberal-capitalism-by-aleksandr-buzgalin/
LOCATION:Ramsden Room\, St Catharine’s College\, St Catharine's College\, Cambridge\, cb21rl\, United Kingdom
CATEGORIES:StCatzS
ATTACH;FMTTYPE=image/png:https://politicaleconomyhub.net/wp-content/uploads/2015/01/ST_Catz_shield.png
END:VEVENT
BEGIN:VEVENT
DTSTART;TZID=UTC:20191030T180000
DTEND;TZID=UTC:20191030T193000
DTSTAMP:20260407T000853
CREATED:20190923T105456Z
LAST-MODIFIED:20190923T105603Z
UID:991-1572458400-1572463800@politicaleconomyhub.net
SUMMARY:St Catharine’s Political Economy Seminar – ‘The Evolution of Sectarianism: A Political Economy Approach’ by Sebastian Ille
DESCRIPTION:Date: Wednesday\, 30 October 2019\nTime: 18:00 -19:30\nSpeaker: Sebastian Ille\nTalk Title: ” The Evolution of Sectarianism: A Political Economy Approach”\nLocation: Rushmore Room\, St Catharine’s College \nAll are welcome. The seminar series is supported by the Cambridge Journal of Economics and the Economics and Policy Group at the Judge Business School. \nSpeaker:\nSebastian Ille is a Senior Lecturer in Economics at the New College of the Humanities and Editor-in-Chief of International Social Science Journal. His areas of expertise and interest focus on the impact of different types of rationality and interaction patterns on the dynamics defining institutions under decentralized decision-making. He also studies the elements of conflict\, especially the factors leading to revolutions and new social contracts. His fields of research include Institutional Economics\, Behavioural Economics\, Development Economics\, Identity Economics\, Evolutionary Game Theory\, Complex Systems and Agent-Based Modelling. He has published on various topics\, including theoretical papers on stochastic stability and meta-rationality\, and interdisciplinary research on identity economics\, rational atrocities and ISIS\, as well as forced private tutoring in Egypt. He is currently working on topics related to the Arab Spring in Egypt and on a textbook for social scientists on various mathematical approaches to modelling social systems and social change. \nTalk Overview\nThe tendency of humans to cooperate for reasons other than self-interest has long intrigued social scientists\, leading to a substantial literature in recent years. However\, its complement – sectarianism – has not received much attention in the economics literature despite its significant economic impact\, its growing importance in recent years and its socio-economic fundamentals. Based on an evolutionary approach\, the talk illustrates under which conditions sectarianism and sectarian conflict constitute an evolving property of a social system. The underlying model shows in which manner actions\, preferences\, economic institutions and sectarian identities co-evolve and suggests an extended constructivist perspective while contesting classical primordial or instrumentalist perspectives. Contrary to common perception\, I argue that sectarianism and sectarian conflict are not necessarily driven by a conflict over religious ideologies\, but by socio-economic and political grievances. Additionally\, the history of interaction and external exertion of influence are key to explaining the tendency for bigotry and hostility. \nPlease contact the seminar organisers Philip Arestis (pa267@cam.ac.uk) and Michael Kitson (mk24@cam.ac.uk) in the event of a query.
URL:https://politicaleconomyhub.net/event/st-catharines-political-economy-seminar-a-democratic-measure-of-national-income-by-martin-weale-4/
CATEGORIES:StCatzS
ATTACH;FMTTYPE=image/png:https://politicaleconomyhub.net/wp-content/uploads/2015/01/ST_Catz_shield.png
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BEGIN:VEVENT
DTSTART;TZID=UTC:20191016T180000
DTEND;TZID=UTC:20191016T203000
DTSTAMP:20260407T000853
CREATED:20190923T104243Z
LAST-MODIFIED:20190923T104243Z
UID:987-1571248800-1571257800@politicaleconomyhub.net
SUMMARY:St Catharine’s Political Economy Seminar – ‘A Democratic Measure of National Income' by Martin Weale
DESCRIPTION:Date: Wednesday\, 16 October 2019\nTime: 18:00 -19:30\nSpeaker: Martin Weale\nTalk Title: ‘’A Democratic Measure of National Income’’\nLocation: Ramsden Room\, St Catharine’s College \nAll are welcome. The seminar series is supported by the Cambridge Journal of Economics and the Economics and Policy Group at the Judge Business School. \nSpeaker:\nMartin Weale is Professor at King’s College\, London. He joined King’s College in 2016 after completing two three-year terms as a member of the Monetary Policy Committee of the Bank of England. He had previously been the Director of the National Institute of Economic and Social Research from 1995 to 2010. In 2011 Queen Mary\, University of London appointed him a part-time Professor of Economics – a position he held until 2016.\nUntil 1995 he was a lecturer in Economics at the University of Cambridge and a Fellow of Clare College (B.A. 1977\, Sc.D. 2006). He was a member of the Statistics Commission from 2000 to 2008 and of the Board for Actuarial Standards from 2006 to 2011. Weale was appointed CBE for his services to Economics in 1999 and was elected an Honorary Fellow of the Institute of Actuaries in 2001. City University awarded him an honorary doctorate in 2007. \nTalk Overview:\nNational income per capita is widely used as the basis for comparing living standards in different countries. But conventional measures of national income growth are plutocratic. The growth in the incomes of people with initially high income had more influence on the aggregate than does the growth of the incomes of people with initially low income. This paper argues the case for constructing a democratic measure of national income growth\, the growth rate of the geometric mean of income per household – one which gives equal weight to the growth experience of each household\, whether its initial income is high or low.\nTo do this means allocating the whole of national income to households\, and a method of doing this is suggested. While the Living Conditions and Food Survey is the primary source\, issues of under-reporting have to be addressed. This is done by means of stochastic imputation on the basis of covariates. In order to produce a democratic measure of real income growth\, it is necessary to compute a democratic deflator – based on the average of each household’s expenditure shares rather than shares in total consumption. Deflation of the geometric mean of each household’s income by this deflator makes it possible to calculate a democratic measure of real income growth. As a result of declining household income inequality since the economic crisis this measure of real income has grown slightly faster than the plutocratic measure since 2006. \nPlease contact the seminar organisers Philip Arestis (pa267@cam.ac.uk) and Michael Kitson (mk24@cam.ac.uk) in the event of a query
URL:https://politicaleconomyhub.net/event/st-catharines-political-economy-seminar-a-democratic-measure-of-national-income-by-martin-weale-3/
LOCATION:Ramsden Room\, St Catharine’s College\, St Catharine's College\, Cambridge\, cb21rl\, United Kingdom
CATEGORIES:StCatzS
ATTACH;FMTTYPE=image/png:https://politicaleconomyhub.net/wp-content/uploads/2015/01/ST_Catz_shield.png
END:VEVENT
BEGIN:VEVENT
DTSTART;TZID=UTC:20190306T180000
DTEND;TZID=UTC:20190306T193000
DTSTAMP:20260407T000853
CREATED:20190108T105244Z
LAST-MODIFIED:20190923T105010Z
UID:920-1551895200-1551900600@politicaleconomyhub.net
SUMMARY:St Catharine’s Political Economy Seminar - 'Trade and Development: Why a 'No Deal' Brexit Would be an Economic Catastrophe' by Terry Barker
DESCRIPTION:Date: Wednesday\, 6 March February 2019\nTime: 18:00 -19:30\nSpeaker: Terry Barker\nTalk Title: ‘’Trade and Development: Why a ‘No Deal’ Brexit Would be an Economic Catastrophe’’\nLocation: Ramsden Room\, St Catharine’s College \nAll are welcome. The seminar series is supported by the Cambridge Journal of Economics and the Economics and Policy Group at the Judge Business School. \nSpeaker:\nTerry Barker is Professor and Founder of the Cambridge Trust for New Thinking in Economics and a Senior Department Fellow in the Department of Land Economy\, University of Cambridge. He holds an Honorary Chair in the School of Environmental Sciences in the University of East Anglia\, UK. He has written on various aspects of trade\, including the variety hypothesis for international trade\, international competitiveness\, effective protection\, the import content of UK final demand categories\, and foreign trade in multi-sectoral models. See: https://econpapers.repec.org/RAS/pba547.htm \nTalk Overview:\nTrade is a feature of economic growth and development over location and time. The import function is a critical component in Keynesian theory for open economies. Banking and insurance historically developed in response to the gains and risks from intercity and international trade. Underlying the UK’s trade and development are the networks of institutions\, known as the Single European Market\, and many regulations and instruments at the EU level. A no-deal Brexit would inflict major damage on the UK’s trade and development and threatens the effectiveness and efficiency of the UK’s environment and energy policies. The seminar will address why the no-deal threat is so serious in terms of the fundamental question of how markets evolve to generate public and private goods and protect the environment. A no-deal damages the process of British specialisation and regulation of production\, weakening innovation and raising polluting emissions. A lower exchange rate to offset weaker exporting will shift the economy away from high-value quality products and jobs towards more price-competitive goods and services. It will increase inequalities by raising food and energy prices. It will further concentrate activity in the south-east and lead to unemployment in areas relying on manufacturing for export. \nPlease contact the seminar organisers Philip Arestis (pa267@cam.ac.uk) and Michael Kitson (m.kitson@jbs.cam.ac.uk) in the event of a query.
URL:https://politicaleconomyhub.net/event/st-catharines-political-economy-seminar-a-democratic-measure-of-national-income-by-martin-weale/
LOCATION:Ramsden Room\, St Catharine’s College\, St Catharine's College\, Cambridge\, cb21rl\, United Kingdom
CATEGORIES:StCatzS
ATTACH;FMTTYPE=image/png:https://politicaleconomyhub.net/wp-content/uploads/2015/01/ST_Catz_shield.png
END:VEVENT
BEGIN:VEVENT
DTSTART;TZID=UTC:20190227T180000
DTEND;TZID=UTC:20190227T193000
DTSTAMP:20260407T000853
CREATED:20190108T104649Z
LAST-MODIFIED:20190108T104649Z
UID:918-1551290400-1551295800@politicaleconomyhub.net
SUMMARY:St Catharine’s Political Economy Seminar - 'Why Did Economists Fail to Predict the Arab Uprisings?’ by Hassan Hakimian
DESCRIPTION:Date: Wednesday\, 27 February 2019\nTime: 18:00 -19:30\nSpeaker: Hassan Hakimian\nTalk Title: ‘Why Did Economists Fail to Predict the Arab Uprisings?’\nLocation: Ramsden Room\, St Catharine’s College \nAll are welcome. The seminar series is supported by the Cambridge Journal of Economics and the Economics and Policy Group at the Judge Business School. \nSpeaker:\nHassan Hakimian is Director of the London Middle East Institute and a Reader in Economics at SOAS\, University of London. He has published on Middle Eastern economies with a special focus on Iran as well as on human resources and labour markets. His most recent book (co-edited with Parvin Alizadeh) is Iran and the Global Economy: Petro Populism\, Islam and Economic Sanctions (Routledge\, 2014). His current research is focused on inclusive growth in the MENA region and the economics of Arab uprisings. Hassan Hakimian is a Founding member and currently the President of the ‘International Iranian Economic Association (IIEA)’ and a Research Fellow and member of the Advisory Committee of the ‘Economic Research Forum (ERF)’ in Cairo. He is the Founder and Series Editor for the ‘Routledge Political Economy of the Middle East and North Africa’\, which he launched in 2003 and is currently editing the Routledge Handbook on the Middle East Economy. \nTalk Overview:\nEconomists have a less than happy record of predicting economic crises. Forecasting political upheavals is arguably even more of a challenge. This is partly conceptual since the mainstream economics’ focus on the equilibrium-seeking behaviour of homo economicus guided by rationale choice is ill-equipped to deal with social and political ruptures and uprisings. It is also partly empirical. Economists’ interest in economic fundamentals may miss out important points about mass welfare and material conditions of the population at large. From this perspective a raft of pertinent questions arises in the context of the unforeseen but tumultuous uprisings that rocked Arab countries after 2010/11: Were economists oblivious (not looking)? Were they focused on the wrong indicators? Perhaps weak inferences led them astray? Were the data flawed or did their framework lack sufficient analytical insight? \nThis talk questions the link between political and economic cycles.Hassan Hakimian argues that as with the Iranian Revolution of 1979\, the decade before the Arab uprisings experienced growth – not recession or stagnation – in both cases buoyed by favourable international oil prices. By formulating the case for understanding ‘inclusive growth’ in the region\, Hassan Hakimian questions the popular perception that posits the roots of uprisings in economic downturns and immiserisation. \nPlease contact the seminar organisers Philip Arestis (pa267@cam.ac.uk) and Michael Kitson (m.kitson@jbs.cam.ac.uk) in the event of a query.
URL:https://politicaleconomyhub.net/event/st-catharines-political-economy-seminar-why-did-economists-fail-to-predict-the-arab-uprisings-by-hassan-hakimian/
LOCATION:Ramsden Room\, St Catharine’s College\, St Catharine's College\, Cambridge\, cb21rl\, United Kingdom
CATEGORIES:StCatzS
ATTACH;FMTTYPE=image/png:https://politicaleconomyhub.net/wp-content/uploads/2015/01/ST_Catz_shield.png
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BEGIN:VEVENT
DTSTART;TZID=UTC:20190213T180000
DTEND;TZID=UTC:20190213T193000
DTSTAMP:20260407T000853
CREATED:20190122T122340Z
LAST-MODIFIED:20190214T130020Z
UID:927-1550080800-1550086200@politicaleconomyhub.net
SUMMARY:St Catharine’s Political Economy Seminar - 'The Changing State and the 2019 Spending Review' by Paul Johnson
DESCRIPTION:Date: Wednesday\, 13 February 2019\nTime: 18:00 -19:30\nSpeaker: Thomas Pope\nTalk Title: ‘’The Changing State and the 2019 Spending Review’’\nLocation: Ramsden Room\, St Catharine’s College \nThe next St Catharine’s Political Economy Seminar in the series on the Economics of Austerity\, will be held on 13 February 2019. Thomas Pope will give a talk on “The Changing State and the 2019 Spending Review”. The seminar will be held in the Ramsden Room at St Catharine’s College from 6.00-7.30 pm. All are welcome. The seminar series is supported by the Cambridge Journal of Economics and the Economics and Policy Group at the Cambridge Judge Business School. \nSpeaker:\nThomas Pope is a Research Economist at the Institute for Fiscal Studies. Thomas works in the tax sector. His main areas of interest include firm investment and the effects of the tax system on large and small businesses. He also works on the public finances \nTalkover:\nLater this year we should hear the outcome of the spending review – arguably the most important non-Brexit related decision of this parliament. A decade after the financial crisis we are still experiencing its consequences in much lower living standards than we might have expected and also in much lower levels of government spending. After facing the biggest deficit in peacetime history\, since\n2010 the government has implemented the biggest set of spending cuts since at least the 1940s. Yet in many ways governments since 2010 have followed exactly the priorities of previous administrations such that health is taking an ever growing fraction of all spending. Thomas Pope will trace the changes in public finances and public spending\, set out some of the options and challenges in the forthcoming spending review\, as well as looking at opposition policy. He will argue that future pressures on public spending are unlikely to be accommodated unless the size of the state finally grows or our demands on it change dramatically. \n  \nPlease contact the seminar organisers\nPhilip Arestis (pa267@cam.ac.uk) and Michael Kitson (mk24@cam.ac.uk) in the event of a query
URL:https://politicaleconomyhub.net/event/st-catharines-political-economy-seminar-the-changing-state-and-the-2019-spending-review-by-paul-johnson/
LOCATION:Ramsden Room\, St Catharine’s College\, St Catharine's College\, Cambridge\, cb21rl\, United Kingdom
CATEGORIES:StCatzS
ATTACH;FMTTYPE=image/png:https://politicaleconomyhub.net/wp-content/uploads/2015/01/ST_Catz_shield.png
END:VEVENT
BEGIN:VEVENT
DTSTART;TZID=UTC:20190116T180000
DTEND;TZID=UTC:20190116T193000
DTSTAMP:20260407T000853
CREATED:20190108T104321Z
LAST-MODIFIED:20190108T104321Z
UID:915-1547661600-1547667000@politicaleconomyhub.net
SUMMARY:St Catharine’s Political Economy Seminar - ‘Fiscal Consequences of Unconventional Monetary and Credit Policies’ by Yaprak Tavman
DESCRIPTION:Date: Wednesday\, 16 January 2019\nTime: 18:00 -19:30\nSpeaker:  Yaprak Tavman\nTalk Title: ‘Fiscal Consequences of Unconventional Monetary and Credit Policies’\nLocation: Ramsden Room\, St Catharine’s College \nAll are welcome. The seminar series is supported by the Cambridge Journal of Economics and the Economics and Policy Group at the Judge Business School. \nSpeaker:\nYaprak Tavman is a Lecturer in Economics at the New College of the Humanities (NCH) London. Before joining NCH\, Yaprak Tavman worked as a Lecturer in Economics at Newcastle University for 2 years. She has obtained her PhD in Economics from the University of York\, where she has also worked as a Teaching Fellow. She has completed her MSc in Economics and Finance with distinction at the University of York and was a Jean Monnet Scholar during her postgraduate studies. Prior to her teaching career\, Yaprak Tavrman had worked as a specialist at HSBC Bank plc\, and following her graduation from Middle East Technical University\, Turkey. \nHer main area of research is macroeconomics\, with specialisations in financial markets and the macroeconomy\, macroprudential regulation and financial stability\, central bank policies\, and political economy of finance. She has recently published her article titled ”A Comparative Analysis of Macroprudential Policies” in Oxford Economic Papers. \nTalk Overview:\nThe severity of the 2008-09 global financial crisis forced policy-makers\, particularly in advanced economies\, to adopt a range of unconventional monetary and credit policies. Although the effectiveness of such policies in stabilizing the economy has been extensively studied\, there is as yet no systematic analysis of the real costs of enacting unconventional measures. In this paper\, utilizing a New Keynesian general equilibrium model with financial frictions and distortionary taxation\, we provide a comparative cost-benefit analysis of two such policies; credit easing and bank capital injections. We note that the use of bank capital injections has a greater stabilizing effect on the economy\, at the expense of higher costs. We also show that evaluation of unconventional policy based on lump-sum taxes overstates the benefits of policy interventions. However\, our results reveal that both credit policies are welfare improving even with distortionary taxes. Bank capital injections generate higher welfare gains\, under both lump-sum and variable tax rates. \nPlease contact the seminar organisers Philip Arestis (pa267@cam.ac.uk) and Michael Kitson (m.kitson@jbs.cam.ac.uk) in the event of a query. \n  \n 
URL:https://politicaleconomyhub.net/event/st-catharines-political-economy-seminar-fiscal-consequences-of-unconventional-monetary-and-credit-policies-by-yaprak-tavman/
LOCATION:Ramsden Room\, St Catharine’s College\, St Catharine's College\, Cambridge\, cb21rl\, United Kingdom
CATEGORIES:StCatzS
ATTACH;FMTTYPE=image/png:https://politicaleconomyhub.net/wp-content/uploads/2015/01/ST_Catz_shield.png
END:VEVENT
BEGIN:VEVENT
DTSTART;TZID=UTC:20181121T180000
DTEND;TZID=UTC:20181121T193000
DTSTAMP:20260407T000853
CREATED:20180912T100435Z
LAST-MODIFIED:20180912T100505Z
UID:856-1542823200-1542828600@politicaleconomyhub.net
SUMMARY:St Catharine’s Political Economy Seminar – ‘Time for Growth' by Lars Boerner
DESCRIPTION:Date: Wednesday\, 21 November 2018\nTime: 18:00 -19:30\nSpeaker: Lars Boerner\nTalk Title: ‘Time for Growth’\nLocation: Ramsden Room\, St Catharine’s College \nAll are welcome. The seminar series is supported by the Cambridge Journal of Economics and the Economics and Policy Group at the Judge Business School. \nSpeaker:\nLars Boerner is Senior Lecturer in Economics at King’s Business School\, King’s College London. He is an economist and economic historian who investigates the evolution and development of economies in the long run. He works in particular on the evolution of market and other allocation and clearing mechanisms\, the effect of general purpose technologies for long run growth\, and alternative ways to measure social and economic interactions in societies\, i.e. comparing trade patterns and the spread of diseases. He has published\, among others\, in the Journal of Political Economy\, Explorations in Economic History\, and The Journal of Institutional and Theoretical Economics. He has earned his PhD in Economics at the Humboldt Universität Berlin and has been affiliated with the Department of Economics of the Freie Universität Berlin\, Stanford University\, the European University Institute\, and the Department of Economic History of the London School of Economics and Political Sciences. \nTalk Overview:\nLars Boerner will present on the impact of the early adoption of one of the most important high-technology machines in history\, the public mechanical clock\, on long-run growth in Europe. Qualitative research as shown in terms of the introduction of clocks had an impact on coordination\, productivity\, and discipline and order in societies.\nHowever\, these insights have not yet been linked to any research agenda in economic growth and development. Based on a quantitative analysis\, Lars Boerner shows that the early adoption and diffusion of the new technology had an impact on economic growth in adopting cities and countries with high diffusion rates. Lars Boerner finds significant growth rates between 1500 and 1700 in the range of 30 percentage points in early adopter cities and areas. In the econometric analysis Lars Boerner avoids endogeneity by considering the relationship between the adoption of clocks with two sets of instruments: distance from the first adopters and the appearance of repeated solar eclipses. The latter instrument is motivated by the predecessor technologies of mechanical clocks\, astronomic instruments that measured the course of heavenly bodies. \nPlease contact the seminar organisers Philip Arestis (pa267@cam.ac.uk) and Michael Kitson (m.kitson@jbs.cam.ac.uk) in the event of a query. \n 
URL:https://politicaleconomyhub.net/event/st-catharines-political-economy-seminar-modelling-the-impacts-of-brexit-on-low-income-households-by-sophie-heald/
LOCATION:Ramsden Room\, St Catharine’s College\, St Catharine's College\, Cambridge\, cb21rl\, United Kingdom
CATEGORIES:StCatzS
ATTACH;FMTTYPE=image/png:https://politicaleconomyhub.net/wp-content/uploads/2015/01/ST_Catz_shield.png
END:VEVENT
BEGIN:VEVENT
DTSTART;TZID=UTC:20181107T180000
DTEND;TZID=UTC:20181107T193000
DTSTAMP:20260407T000853
CREATED:20180912T095754Z
LAST-MODIFIED:20181031T121258Z
UID:853-1541613600-1541619000@politicaleconomyhub.net
SUMMARY:St Catharine’s Political Economy Seminar – ‘De-unionization and the growing Inequality’ by Ahmad Seyf
DESCRIPTION:Date: Wednesday 7 November 2018\nTime: 18:00 -19:30\nSpeaker: Ahmad Seyf\nTalk Title: ‘De-unionization and the growing Inequality’\nLocation: Ramsden Room\, St Catharine’s College \nAll are welcome. The seminar series is supported by the Cambridge Journal of Economics and the Economics and Policy Group at the Judge Business School. \nSpeaker:\nAhmad Seyf is currently a member of the Cambridge Centre of Economic and Public Policy (CCEPP)\, and has retired from the Department of Management and Human Resources at Regent’s University. Prior to Regent’s University\, he taught at the Department of Economics at the University of Staffordshire. His main research interests are international business economics\, globalisation and the economic and social history of the Middle East. Recent publications include\, ‘Population and Agricultural Development in Iran\, 1800-1906’ in Middle Eastern Studies\, 2009\, and ‘Iran and the Great Famine\, 1870-1872’ in Middle Eastern Studies\, 2010.\nHis books include Iran’s Contemporary Political Economy (2012)\, the Economy of Iran under Ahmadinejad (2012)\, Crisis in Despotism in Iran (2014)\, Capitalism and Democracy (2016) and The Great Recession\, Iranian view ((2017\, Anti-Neoliberalism (2018). His recent publications in English are\, The Emerging Economies and the Great Recession (2016)\, and The Need for Relevant Policies to Tackle Inequality (2017). \nTalk Overview:\nThis contribution examines the growing inequality and offers a brief historical examination as to its roots in the last four decades.\nAn important point to make is that this growing divide is not ‘an act of God or nature’ but has been initiated by policy decisions and laws made in the last four decades\, e.g. reducing the power and influence of trade unions\, enhancing the impact of the banks\, keeping wages down\, insisting on a rich-man-friendly tax reforms\, which\, in turn\, were passed by legislators who were elected. It follows that if there is sufficient political will\, things can change again through government or legislative action by those we care to elect to form the government.\nReversing some of the decisions on taxes and making them more progressive could help\, but more fundamental reforms; especially on labour market institutions are needed. We need to tackle rising inequality in market income by strengthening trade unions which is of paramount importance as the recent history of inequality reveals. To enhance the impact\, this measure must be supplemented by relevant fiscal policies to make our taxes more progressive and our social expenditures better targeted. This will be the focus of this contribution. \n\n\nPlease contact the seminar organisers Philip Arestis (pa267@cam.ac.uk) and Michael Kitson (m.kitson@jbs.cam.ac.uk) in the event of a query. \n\n\n 
URL:https://politicaleconomyhub.net/event/st-catharines-political-economy-seminar-de-unionization-and-the-growing-inequality-by-ahmed-seyf/
LOCATION:Ramsden Room\, St Catharine’s College\, St Catharine's College\, Cambridge\, cb21rl\, United Kingdom
CATEGORIES:StCatzS
ATTACH;FMTTYPE=image/png:https://politicaleconomyhub.net/wp-content/uploads/2015/01/ST_Catz_shield.png
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BEGIN:VEVENT
DTSTART;TZID=UTC:20181017T180000
DTEND;TZID=UTC:20181017T193000
DTSTAMP:20260407T000853
CREATED:20180912T093553Z
LAST-MODIFIED:20180912T093609Z
UID:850-1539799200-1539804600@politicaleconomyhub.net
SUMMARY:St Catharine’s Political Economy Seminar – ‘Scientific Macroeconomics and the Quantity Theory of Credit’ by Richard Werner
DESCRIPTION:Date: Wednesday 17 October 2018\nTime: 18:00 -19:30\nSpeaker: Richard Werner\nTalk Title: ‘Scientific Macroeconomics and the Quantity Theory of Credit’\nLocation: Ramsden Room\, St Catharine’s College \nAll are welcome. The seminar series is supported by the Cambridge Journal of Economics and the Economics and Policy Group at the Judge Business School. \nSpeaker:\nRichard Werner is Professor and Chair in International Banking at the University of Southampton (since 2005)\, and is founding director of the Centre for Banking\, Finance and Sustainable Development. He is a Member of Linacre College\, Oxford\, Convenor of the Association for Research on Banking and the Economy (ARBE)\, and member of the ECB Shadow Council. He is also the founding chair of Local First\, a community interest company establishing not-for-profit community banks in the UK\, starting with the Hampshire Community Bank. Richard previously was a Professor of monetary\, macro and development economics at Goethe-University Frankfurt and assistant professor at Sophia University\, Tokyo. In 1992\, as European Commission Fellow at Oxford\, Richard integrated the banking system in a macroeconomic model able to distinguish between the impact of bank credit on asset markets and economic growth (the ‘Quantity Theory of Disaggregated Credit’)\, and warned of the coming banking crisis and deep recession in Japan. In 1995 he advanced a post-banking crisis monetary policy to stimulate the economy\, which he called ‘Quantitative Easing’ (followed in 1998 by ‘Enhanced Debt Management’). In 2003 he warned of the credit-driven asset bubbles and crises in the eurozone. Richard has published in journals and in books. \nTalk Overview:\nAlison in Wonderland was not an equilibrium economist: she only believed six impossible things before breakfast (equilibrium economists need to believe at least eight impossible things). Scientific research methodology is reviewed and it is proposed to also deploy it in economics. Doing this\, key features of how actual economies work can be established. It is seen that all markets must be expected to be rationed (i.e. in disequilibrium). Scientific methodology also helps in identifying the link between the financial system and the real economy\, including sustainable development\, the role of interest rates\, money and the existence and functioning of banks. It is seen how to predict and prevent boom-bust cycles\, banking crises and subsequent recessions\, as well as how to react appropriately once they happen\, without burdening the tax payer. The role of central banks is also discussed\, as well as their reaction to the empirical refutation of their longstanding preferred narrative. \nPlease contact the seminar organisers\nPhilip Arestis (pa267@cam.ac.uk) and Michael Kitson (mk24@cam.ac.uk) in the event of a query \n  \n 
URL:https://politicaleconomyhub.net/event/st-catharines-political-economy-seminar-scientific-macroeconomics-and-the-quantity-theory-of-credit-by-richard-werner/
LOCATION:Ramsden Room\, St Catharine’s College\, St Catharine's College\, Cambridge\, cb21rl\, United Kingdom
CATEGORIES:StCatzS
ATTACH;FMTTYPE=image/png:https://politicaleconomyhub.net/wp-content/uploads/2015/01/ST_Catz_shield.png
END:VEVENT
BEGIN:VEVENT
DTSTART;TZID=UTC:20181010T180000
DTEND;TZID=UTC:20181010T193000
DTSTAMP:20260407T000853
CREATED:20180912T084519Z
LAST-MODIFIED:20180912T084519Z
UID:847-1539194400-1539199800@politicaleconomyhub.net
SUMMARY:St Catharine’s Political Economy Seminar – “Fiscal Space: What have we learnt since the crises?" by Jagjit Chadha
DESCRIPTION:Date: Wednesday 10 October 2018\nTime: 18:00 -19:30\nSpeaker: Jagjit Chadha\nTalk Title:“Fiscal Space: What have we learnt since the crises?”\nLocation: Ramsden Room\, St Catharine’s College \nAll are welcome. The seminar series is supported by the Cambridge Journal of Economics and the Economics and Policy Group at the Judge Business School. \nSpeaker\nJagjit Chadha is Director of the National Institute of Economic and Social Research. He is on a full time absence of leave as Professor of Economics at the University of Kent and was a part-time Professor of economics at Cambridge. He was previously Professor of Economics at the University of St Andrews and Fellow at Clare College\, Cambridge. He has worked at the Bank of England as an Official working on Monetary Policy and as Chief Quantitative Economist at BNP Paribas. He has acted as Specialist Adviser to the House of Commons Treasury Committee and academic adviser to both the Bank of England and HM Treasury. He sits on the Research Committee of the Economics and Social Research Council and on the REF2020 panel. His main research interests are developing the links between finance and macroeconomics in general equilibrium models and he has published widely in economics journals. He has just completed a British Academy Grant to study fiscal data in the 19th century. \nTalk Overview\nJagjit Chadha will talk on the traditional approach to fiscal policy\, which involves respecting the simple notion of debt sustainability. This over-riding concern has led to considerable weight being placed on cutting public expenditure following a ballooning in public debt after the great financial crisis. We have also formulated a sequence of fiscal rules and around the world observe that Councils have been developed to support the credibility of fiscal policy under uncertainty. But have we done the right thing? Jagjit will consider a number of possible extensions to the standard response of seeking to reduce debt and limiting taxation. First\, we shall examine how episodes of high public debt are successfully reversed? Secondly\, we shall consider what links between monetary and fiscal policy that are overlooked\, in particular by drawing on the experience of QE. Thirdly\, how are the prescriptions for monetary and fiscal policy affected by market incompleteness? And finally what role does the debt management of maturity and debt instruments play setting fiscal policy? Jagjit will illustrate with examples from the past and from the recent crisis in the Euro Area and suggest that our current settlement of tight monetary-fiscal policy may be responsible for the economic trap of low growth. \n\n\nPlease contact the seminar organisers Philip Arestis (pa267@cam.ac.uk) and Michael Kitson (m.kitson@jbs.cam.ac.uk) in the event of a query. \n\n\n 
URL:https://politicaleconomyhub.net/event/st-catharines-political-economy-seminar-fiscal-space-what-have-we-learnt-since-the-crises-by-jagjit-chadha/
LOCATION:Ramsden Room\, St Catharine’s College\, St Catharine's College\, Cambridge\, cb21rl\, United Kingdom
CATEGORIES:StCatzS
ATTACH;FMTTYPE=image/png:https://politicaleconomyhub.net/wp-content/uploads/2015/01/ST_Catz_shield.png
END:VEVENT
BEGIN:VEVENT
DTSTART;TZID=UTC:20180530T180000
DTEND;TZID=UTC:20180530T193000
DTSTAMP:20260407T000853
CREATED:20180413T105640Z
LAST-MODIFIED:20180413T114415Z
UID:830-1527703200-1527708600@politicaleconomyhub.net
SUMMARY:St Catharine’s Political Economy Seminar – 'Modelling the Impacts of Brexit on Low-Income Households' by Sophie Heald\, Richard Lewney &Laurie Heykoop  
DESCRIPTION:Date: Wednesday 30 May 2018\nTime: 18:00 -19:30\nSpeaker: Sophie Heald\, Richard Lewney and Laurie Heykoop\nTalk Title: ‘Modelling the Impacts of Brexit on Low-Income Households’\nLocation: Ramsden Room\, St Catharine’s College \nAll are welcome. The seminar series is supported by the Cambridge Journal of Economics and the Economics and Policy Group at the Judge Business School. \nSpeakers\nSophie Heald is a project manager and economist in the macroeconomic modelling team at Cambridge Econometrics. She specialises in the application of large-scale econometric models for scenario analysis and has several years’ experience modelling policy scenarios using E3ME\, an econometric model of the global economy. In recent months Sophie has contributed to the European Commission’s impact assessment on the macroeconomic effects of measures to improve work-life balance and\, for the European Institute for Gender Equality (EIGE)\, she managed a project to assess the wider macroeconomic effects of measures to improve gender equality. Sophie led on the economic modelling and contributed to the scenario design for this study into the impacts of Brexit on low-income households. \nRichard Lewney is Chairman of Cambridge Econometrics where he has worked since 1988. He specialises in the application of economic modelling to policy analysis\, policy evaluation and forecasting\, and he directed the study on which this seminar draws. He recently completed a two-year project for DG Energy to improve the treatment of innovation and finance in the macroeconomic modelling of decarbonisation policies. He led the macroeconomic modelling for DG Employment’s study on the feasibility of a pan-European unemployment benefit system. He is currently directing a project to extend and upgrade the economic modelling capability of Malta’s Ministry for Finance. He was the lead economist for the Northern Powerhouse Independent Economic Review. He is a Trustee of the Cambridge Trust for New Thinking in Economics which owns Cambridge Econometrics. \nLaurie Heykoop is an economist at the Joseph Rowntree Foundation. His current areas of research include analysis of potential impacts of Brexit on low-income households\, and monitoring the impact of inflation on the living standards of low-income households. Having graduated BA Economics and Politics at Manchester University in 2012\, prior to his current post Laurie spent over three years as a government economist.\nHis work included producing official gas price projections\, advising on options to reform agri-environment schemes\, and producing models to enhance targeting of fuel poverty programmes. His other research interests include the economics of land\, housing\, and inequality. \nTalk Overview\nSeveral organisations across government\, academia\, and think tanks have modelled the potential economic impacts of post-Brexit trading arrangements. These have primarily focussed on economy-wide impacts.  The research presented in this seminar focuses on analysis of impacts on low-income households. The research models a range of potential post-Brexit trading arrangements\, producing estimates for impacts on prices\, wages\, and employment and then assesses the particular implications for low-income households. \n\n\nPlease contact the seminar organisers Philip Arestis (pa267@cam.ac.uk) and Michael Kitson (m.kitson@jbs.cam.ac.uk) in the event of a query. \n\n\n 
URL:https://politicaleconomyhub.net/event/st-catharines-political-economy-seminar-modelling-the-impacts-of-brexit-on-low-income-households-by-sophie-heald-richard-lewney-laurie-heykoop/
LOCATION:Ramsden Room\, St Catharine’s College\, St Catharine's College\, Cambridge\, cb21rl\, United Kingdom
CATEGORIES:StCatzS
ATTACH;FMTTYPE=image/png:https://politicaleconomyhub.net/wp-content/uploads/2015/01/ST_Catz_shield.png
END:VEVENT
BEGIN:VEVENT
DTSTART;TZID=UTC:20180425T180000
DTEND;TZID=UTC:20180425T193000
DTSTAMP:20260407T000853
CREATED:20180327T082329Z
LAST-MODIFIED:20180413T105334Z
UID:826-1524679200-1524684600@politicaleconomyhub.net
SUMMARY:St Catharine's Political Economy Seminar - 'Why there will Never be a Complete Consensus in Macroeconomics: A Tale of Group Thinking and Paradigms’ by John McCombie
DESCRIPTION:Date: Wednesday\, 25 April 2018\nTime: 18:00 -19:30\nSpeaker: John McCombie \nTalk Title: ‘Why there will Never be a Complete Consensus in Macroeconomics: A Tale of Group Thinking and Paradigms’\nLocation: Ramsden Room\, St Catharine’s College \nThe next St Catharine’s Political Economy Seminar in the series on the Economics of Austerity\, will be held on 25 April\, 2018 – John McCombie will give a talk on “Why there will Never be a Complete Consensus in Macroeconomics: A Tale of Group Thinking and Paradigms”.The seminar will be held in the Ramsden Room at St Catharine’s College from 6.00-7.30 pm. All are welcome. The seminar series is supported by the Cambridge Journal of Economics and the Economics and Policy Group at the Judge Business School. \nSpeaker:\nJohn McCombie is Emeritus Professor in Regional and Applied Economics\, and Senior Emeritus Fellow of the Department of Land Economy. He is a Fellow of the Academy of Social Sciences and a Fellow of the Regional Studies Association. John is Director of the Cambridge Centre for Economic and Public Policy; Emeritus Fellow in Economics\, Downing College; Director of Studies in Land Economy\, Christ’s College\, Downing College and Girton College. He was formerly a lecturer in Economics at the University of Hull and at the University of Melbourne. His interests are regional economics\, post Keynesian macroeconomics\, the causes of variations in national and regional growth rates\, income inequality\, trade and economic geography and the methodological implications for macroeconomics of the Great Financial Crisis. He is a consultant to the Asian Development Bank and the World Bank and was a Special Advisor to a House of Lords Subcommittee inquiring into the EU regional funds. He was a founding co-editor of Spatial Economic Analysis and a former editor of Regional Studies. He has recently published (with Jesus Felipe) a book entitled The Aggregate Production Function and Technical Change; ‘Not Even Wrong’. This presents a fundamental criticism of one of the central concepts of neoclassical macroeconomics. He is currently researching into the economic and philosophical issues (including Rawls’ ‘Justice as Fairness’ and the concept of ‘Just Deserts’) concerning the optimal degree of income inequality.. \nTalk Overview:\nAfter the acrimonious debates between the New Classical and Keynesian economists in the 1980s and 1990s\, a complacent New Macroeconomic Consensus was achieved and by 2006\, according to its adherents\, all the major theoretical problems were deemed solved. The sub-prime crisis exposed fundamental flaws in this approach and for a time there was a return to the putatively discredited Keynesian Economics of fifty years ago. Using this as one example\, this seminar looks at the broader question as to why competing schools of thought can\, and have persisted\, almost indefinitely in macroeconomics. This is notwithstanding the emergence of a dominant\, or mainstream\, approach. This contribution draws on Kuhn’s notion of the paradigm and the sociology of knowledge to understand why previous debates re-emerge and why some economists question whether there has been any meaningful progress in macroeconomics over the last thirty years. It also considers the strange case of the aggregate production function\, which is at the heart of both applied and theoretical neoclassical macroeconomics. This is in spite of the fact that it is logically impossible to derive the production function from micro-foundations (the aggregation problem) and why it is always possible to obtain a near perfect statistical fit to the putative production function\, although the estimates tell us nothing about the underlying economy. This raises some further important methodological issues for macroeconomics. \nPlease contact the seminar organisers Philip Arestis (pa267@cam.ac.uk) and Michael Kitson (mk24@cam.ac.uk) in the event of a query.
URL:https://politicaleconomyhub.net/event/826/
LOCATION:Ramsden Room\, St Catharine’s College\, St Catharine's College\, Cambridge\, cb21rl\, United Kingdom
CATEGORIES:StCatzS
ATTACH;FMTTYPE=image/png:https://politicaleconomyhub.net/wp-content/uploads/2015/01/ST_Catz_shield.png
END:VEVENT
BEGIN:VEVENT
DTSTART;TZID=UTC:20180314T180000
DTEND;TZID=UTC:20180314T193000
DTSTAMP:20260407T000853
CREATED:20180122T102538Z
LAST-MODIFIED:20180122T102606Z
UID:812-1521050400-1521055800@politicaleconomyhub.net
SUMMARY:St Catharine’s Political Economy Seminar – ‘‘Bank Credit Rating Changes\, Capital Structure Adjustments and Lending’’\, Claudia Girardone
DESCRIPTION:Date: Wednesday\, 14 March 2018\nTime: 18:00 -19:30\nSpeaker: Claudia Girardone\nTalk Title:‘Bank Credit Rating Changes\, Capital Structure Adjustments and Lending’\nLocation: Ramsden Room\, St Catharine’s College \nThe next St Catharine’s Political Economy Seminar in the series on the Economics of Austerity\, will be held on 14 March\, 2018 – Claudia Girardone will give a talk on “Bank Credit Rating Changes\, Capital Structure Adjustments and Lending”. The seminar will be held in the Ramsden Room at St Catharine’s College from 6.00-7.30 pm. All are welcome. The seminar series is supported by the Cambridge Journal of Economics and the Economics and Policy Group at the Judge Business School. \nSpeaker:\nClaudia Girardone is Professor of Banking and Finance at Essex Business School of the University of Essex. She is also Director of the Essex Finance Centre (EFiC) and the School’s Director of Research. Professor Girardone has published over 50 articles on various aspects of banking and finance in books and peer-reviewed international journals. She is a co-author of the textbook Introduction to Banking (FT Pearson Education\, 2015). She is currently on the editorial board of several journals including the Journal of Financial Economic Policy and The European Journal of Finance. Her current research areas are on banking sector performance and stability\, bank corporate governance\, the industrial structure of banking and access to finance. \nTalk Overview:\nThis contribution examines the causal effect of bank credit rating changes on bank capital structure decisions. Banks adjust their capital structure following a credit rating downgrade. Adjustments involve: leverage\, rating sensitive liabilities and lending. Rating upgrades do not affect capital structure activities suggesting that banks target minimum rating levels. In our study\, we also exploit the asymmetric impact of downgrades of banks based in Greece\, Ireland\, Italy\, Spain and Portugal during the EU sovereign debt crisis. This asymmetric effect leads to greater capital adjustments\, reductions in long-term funding and lending of banks from those countries relative to other banks. Our results are consistent with the expectation of discrete cost (benefits) associated with rating changes. \nPlease contact the seminar organisers Philip Arestis (pa267@cam.ac.uk) and Michael Kitson (mk24@cam.ac.uk) in the event of a query.
URL:https://politicaleconomyhub.net/event/812/
LOCATION:Ramsden Room\, St Catharine’s College\, St Catharine's College\, Cambridge\, cb21rl\, United Kingdom
CATEGORIES:StCatzS
ATTACH;FMTTYPE=image/png:https://politicaleconomyhub.net/wp-content/uploads/2015/01/ST_Catz_shield.png
END:VEVENT
BEGIN:VEVENT
DTSTART;TZID=UTC:20180307T180000
DTEND;TZID=UTC:20180307T193000
DTSTAMP:20260407T000853
CREATED:20180122T101743Z
LAST-MODIFIED:20180122T102237Z
UID:808-1520445600-1520451000@politicaleconomyhub.net
SUMMARY:St Catharine’s Political Economy Seminar – ‘Technological Unemployment: Myth or Reality’\, Robert Skidelsky
DESCRIPTION:Date: Wednesday\, 7 March 2018\nTime: 18:00 -19:30\nSpeaker: Robert Skidelsky\nTalk Title:‘Technological Unemployment: Myth or Reality’\nLocation: Ramsden Room\, St Catharine’s College \nThe next St Catharine’s Political Economy Seminar in the series on the Economics of Austerity\, will be held on 07 March\, 2018 – Robert Skidelsky will give a talk on “Technological Unemployment: Myth or Reality”. The seminar will be held in the Ramsden Room at St Catharine’s College from 6.00-7.30 pm. All are welcome. The seminar series is supported by the Cambridge Journal of Economics and the Economics and Policy Group at the Judge Business School. \nSpeaker:\nRobert Skidelsky is Emeritus Professor of Political Economy at Warwick University. His three-volume biography of John Maynard Keynes (1983\,1992\, 2000) won five prizes and his book on the financial crisis –Keynes: The Return of the Master – was published in September 2010. He was made a member of the House of Lords in 1991 (he sits on the cross-benches) and elected a fellow of the British Academy in 1994. How Much is Enough? The Love of Money and the Case for the Good Life\, co-written with his son Edward\, was published in July 2012. He is also the author of Britain in the 20th Century: A Success? (Vintage\, 2014) and editor of The Essential Keynes (Penguin Classics\, 2015). His most recent publications are as co-editor of Who Runs the Economy? (Palgrave\, 2016) and Austerity Vs Stimulus (Palgrave\, 2017). \nTalk Overview:\nThis contribution’s starting point is Keynes’s little essay of 1930\, Economic Possibilities for our Grandchildren: ‘technological unemployment…means unemployment due to our discovery of means of economising the use of labour outrunning the pace at which we can find new uses for labour’. Two questions arise: will the future be different from the past\, when we were always able to absorb labour displaced by machines? There is no agreed view. There are many estimates of the jobs ‘at risk’ from automation by 2030\, ranging from 30% to 50%. There is no agreement on whether\, or how soon\, the jobs displaced will be replaced\, i.e. whether there will be a net job loss. The majority view is that there will be transitional job losses\, but no permanent ones. Most of the discussion treats automation as not just desirable\, but irreversible: part of the scientific momentum\, which defines modern civilisation. This needs challenging\, since it appears to leave the human future to machines. Second\, it is generally agreed that\, as in the past\, automation will enable a reduction in hours worked. However\, the argument that this will be consistent with maintaining or increasing median income needs to be challenged. Evidence is that median incomes have been stagnant and even falling\, as most productivity gains go to the rich. Extra leisure will surely be unwanted if it means lower real incomes. The response to automation cannot be left to the market. It requires a social decision concerning the speed and type of automation\, and a social response to the problems it creates. \nPlease contact the seminar organisers Philip Arestis (pa267@cam.ac.uk) and Michael Kitson (mk24@cam.ac.uk) in the event of a query.
URL:https://politicaleconomyhub.net/event/st-catharines-political-economy-seminar-global-imbalances-and-greeces-exit-from-the-crisis-dimitrios-tsomocos/
LOCATION:Ramsden Room\, St Catharine’s College\, St Catharine's College\, Cambridge\, cb21rl\, United Kingdom
CATEGORIES:StCatzS
ATTACH;FMTTYPE=image/png:https://politicaleconomyhub.net/wp-content/uploads/2015/01/ST_Catz_shield.png
END:VEVENT
BEGIN:VEVENT
DTSTART;TZID=UTC:20180207T180000
DTEND;TZID=UTC:20180207T193000
DTSTAMP:20260407T000853
CREATED:20180122T101638Z
LAST-MODIFIED:20180122T102956Z
UID:806-1518026400-1518031800@politicaleconomyhub.net
SUMMARY:St Catharine’s Political Economy Seminar – ‘Global Imbalances and Greece's Exit from the Crisis’\, Dimitrios Tsomocos
DESCRIPTION:Date: Wednesday\, 7 February 2018\nTime: 18:00 -19:30\nSpeaker: Dimitrios Tsomocos\nTalk Title: ‘Global Imbalances and Greece’s Exit from the Crisis’\nLocation: Ramsden Room\, St Catharine’s College \nThe next St Catharine’s Political Economy Seminar in the series on the Economics of Austerity\, will be held on 07 February\, 2018 – Dimitrios Tsomocos will give a talk on “Global Imbalances and Greece’s Exit from the Crisis”. The seminar will be held in the Ramsden Room at St Catharine’s College from 6.00-7.30 pm. All are welcome. The seminar series is supported by the Cambridge Journal of Economics and the Economics and Policy Group at the Judge Business School. \nSpeakers:\nGraham Gudgin is currently Honorary Research Associate at the Centre For Business Research (CBR) in the Judge Business School at the University of Cambridge. He is also Chief Economic Advisor at Policy Exchange\, London\, visiting Professor at the University of Ulster and Chairman of the Advisory Board of the Ulster University Economic Policy Centre. He was senior Economic Advisor at Oxford Economics from 2007 to 2015 and was director of the Northern Ireland Economic Research Centre from 1985 to 1998 when he became Special Adviser to the First Minister in the Northern Ireland Assembly until 2002. Prior to this he was economics fellow at Selwyn College\, Cambridge and a member of the Cambridge Economic Policy Group under Wynne Godley. He is the author of a large number of books\, reports and journal articles on regional economic growth in the UK\, the growth of small firms and electoral systems. He is currently working with Ken Coutts on a macro-economic model and forecasts for the UK economy and on the economic impact of Brexit.\nKen Coutts is Honorary Research Associate at the Centre For Business Research (CBR) in the Judge Business School \, Emeritus Assistant Director of Studies in the Faculty of Economics\, and Life Fellow in Economics\, Selwyn College\, at the University of Cambridge. A member of the Cambridge Economic Policy Group in his younger career\, led by the late Wynne Godley\, his main interests are in macroeconomics\, monetary and fiscal policy\, trade\, capital flows and balance of payments. He has published widely in these areas. He has also written extensively on the pricing behaviour of manufacturing industries in the UK and Australia. He is currently working with Graham Gudgin a macro-economic model and forecasts for the UK economy and on the economic impact of Brexit. \nTalk Overview:\nThe global capital imbalances constituted a primary factor for the Eurozone debt crisis and amplified the divergence between the core countries and the periphery. For the case of Greece there exist three ‘alternative’ mainstream explanations of the crisis and the subsequent recession: The Greek (political and institutional inefficiency)\, the European (institutional incompetence and extended corruption) and the I.M.F. (debt overhang\, necessity of “hard” budget constraints\, public investments and expansionary monetary policy). The two academic strands that dominate the debate are the one of the importance of debt overhung and rational expectations and the one of heterogeneous general equilibrium models. We argue that the exit from the crisis warrants:\n1. Debt restructuring and nationalisation of N.P.L.s\n2. Reduction of public sector profligacy and institutional efficiency\n3. Public investments and investments for internationally traded goods\n4. Tax relief (corporate and property taxation); 5. Re-stabilisation of market expectations and creditworthiness. \nPlease contact the seminar organisers Philip Arestis (pa267@cam.ac.uk) and Michael Kitson (mk24@cam.ac.uk) in the event of a query.
URL:https://politicaleconomyhub.net/event/806/
LOCATION:Ramsden Room\, St Catharine’s College\, St Catharine's College\, Cambridge\, cb21rl\, United Kingdom
CATEGORIES:StCatzS
ATTACH;FMTTYPE=image/png:https://politicaleconomyhub.net/wp-content/uploads/2015/01/ST_Catz_shield.png
END:VEVENT
BEGIN:VEVENT
DTSTART;TZID=UTC:20180131T180000
DTEND;TZID=UTC:20180131T193000
DTSTAMP:20260407T000853
CREATED:20180122T100915Z
LAST-MODIFIED:20180122T101353Z
UID:800-1517421600-1517427000@politicaleconomyhub.net
SUMMARY:St Catharine’s Political Economy Seminar – ‘How Did the Economics Profession Get it Wrong on Brexit?’\, Graham Gudgin & Ken Coutts
DESCRIPTION:Date: Wednesday\, 31 January 2018\nTime: 18:00 -19:30\nSpeakers: Graham Gudgin and Ken Coutts\nTalk Title: ‘How Did the Economics Profession Get it Wrong on Brexit?’\nLocation: Ramsden Room\, St Catharine’s College \nThe next St Catharine’s Political Economy Seminar in the series on the Economics of Austerity\, will be held on 31 January\, 2018 – Graham Gudgin and Ken Coutts will give a talk on “How Did the Economics Profession Get it Wrong on Brexit?”.The seminar will be held in the Ramsden Room at St Catharine’s College from 6.00-7.30 pm. All are welcome. The seminar series is supported by the Cambridge Journal of Economics and the Economics and Policy Group at the Judge Business School. \nSpeakers:\nGraham Gudgin is currently Honorary Research Associate at the Centre For Business Research (CBR) in the Judge Business School at the University of Cambridge. He is also Chief Economic Advisor at Policy Exchange\, London\, visiting Professor at the University of Ulster and Chairman of the Advisory Board of the Ulster University Economic Policy Centre. He was senior Economic Advisor at Oxford Economics from 2007 to 2015 and was director of the Northern Ireland Economic Research Centre from 1985 to 1998 when he became Special Adviser to the First Minister in the Northern Ireland Assembly until 2002. Prior to this he was economics fellow at Selwyn College\, Cambridge and a member of the Cambridge Economic Policy Group under Wynne Godley. He is the author of a large number of books\, reports and journal articles on regional economic growth in the UK\, the growth of small firms and electoral systems. He is currently working with Ken Coutts on a macro-economic model and forecasts for the UK economy and on the economic impact of Brexit.\nKen Coutts is Honorary Research Associate at the Centre For Business Research (CBR) in the Judge Business School \, Emeritus Assistant Director of Studies in the Faculty of Economics\, and Life Fellow in Economics\, Selwyn College\, at the University of Cambridge. A member of the Cambridge Economic Policy Group in his younger career\, led by the late Wynne Godley\, his main interests are in macroeconomics\, monetary and fiscal policy\, trade\, capital flows and balance of payments. He has published widely in these areas. He has also written extensively on the pricing behaviour of manufacturing industries in the UK and Australia. He is currently working with Graham Gudgin a macro-economic model and forecasts for the UK economy and on the economic impact of Brexit. \nTalk Overview:\nThis contribution examines in detail the predictions of professional economic forecasters on the economic impact of Brexit. It shows how these were flawed\, and speculates on why they are no longer quoted. It begins with the frequently repeated claim\, that membership of the EEC/EU has been good for economic growth in the UK. This is followed by a brief reprise of our critique of the gravity model work of HMT and OECD. The approach of the Centre for Economic Performance at the LSE\, uses a different approach\, but again\, in our view\, is flawed. All of this work predicts that the volume of UK trade with the EU will fall substantially after Brexit\, with no offsetting gains in trade with non-EU countries. Around half of the predicted declines in GDP\, come from a calculation that trade losses will have a major negative knock-on impact on productivity. Our update of their evidence suggests that for advanced economies no such link exists between trade and productivity.\nThis is not an argument in favour of Brexit. It is instead to question the ability of the economics profession to provide high quality policy analysis on issues of national importance. \nPlease contact the seminar organisers Philip Arestis (pa267@cam.ac.uk) and Michael Kitson (mk24@cam.ac.uk) in the event of a query.
URL:https://politicaleconomyhub.net/event/st-catharines-political-economy-seminar-how-did-the-economics-profession-get-it-wrong-on-brexit-graham-gudgin-ken-coutts/
CATEGORIES:StCatzS
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BEGIN:VEVENT
DTSTART;TZID=UTC:20171122T180000
DTEND;TZID=UTC:20171122T193000
DTSTAMP:20260407T000853
CREATED:20170914T084631Z
LAST-MODIFIED:20170914T090609Z
UID:685-1511373600-1511379000@politicaleconomyhub.net
SUMMARY:St Catharine’s Political Economy Seminar – "From austerity to immigrants as ‘significant others’\, Liliana Harding
DESCRIPTION:Date: Wednesday 22 November 2017\nTime: 18:00 -19:30\nSpeaker: Liliana Harding\nTalk Title: ‘From austerity to immigrants as ‘significant others’ in economic policy changes’\nLocation: Ramsden Room\, St Catharine’s College \nThe next St Catharine’s Political Economy Seminar in the series on the Economics of Austerity\, will be held on 22 November\, 2017 – Liliana Harding will give a talk on “From austerity to immigrants as ‘significant others’ in economic policy changes”. The seminar will be held in the Ramsden Room at St Catharine’s College from 6.00-7.30 pm. All are welcome. The seminar series is supported by the Cambridge Journal of Economics and the Economics and Policy Group at the Judge Business School. \nSpeaker:\nLiliana Harding is a lecturer in Economics at the University of East Anglia (UEA)\, in Norwich. Dr Liliana Harding has a long-standing research interest in the political economy of migration\, while her teaching is focussed in the areas of labour economics and European economies. She is currently the convenor of the East Anglia Research Migration Network\, an interdisciplinary research group at the UEA designed to facilitate participatory action research in topics related to international migration. Her research interests further extend to the development of economic systems\, regional economies and the implications of public arts and culture for wellbeing and urban economies. \nTalk Overview:\nIn the same way as the resolution of the financial crisis has been sought through austerity across the board\, migration policy beyond the Great Recession has focused on downward revisions of ‘acceptable levels’ of immigration.  And as concerns about the implications of austerity on rising inequalities and general access to public services are rising\, limitations to migrants’ access to the labour market and the welfare system are now sold as localised patches to society-wide challenges. In this context\, this talk proposes to explore the extent to which a long period of austerity has warranted the call for more restrictive immigration policies\, and explores the significance of distributional effects of immigration. It reviews the economic effects estimated for the UK from migration and its expected restriction linked to Brexit\, and stresses the role of skill in the economic migration debate.  Finally\, the talk reflects on the significance of mass migration flows for economies experiencing it at various points in time\, and makes a brief reference to the recent refugee crisis in Europe. \n  \nPlease contact the seminar organisers Philip Arestis (pa267@cam.ac.uk) and Michael Kitson (mk24@cam.ac.uk) in the event of a query.
URL:https://politicaleconomyhub.net/event/685/
LOCATION:Ramsden Room\, St Catharine’s College\, St Catharine's College\, Cambridge\, cb21rl\, United Kingdom
CATEGORIES:StCatzS
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BEGIN:VEVENT
DTSTART;TZID=UTC:20171108T180000
DTEND;TZID=UTC:20171108T193000
DTSTAMP:20260407T000853
CREATED:20170914T082120Z
LAST-MODIFIED:20170921T120355Z
UID:681-1510164000-1510169400@politicaleconomyhub.net
SUMMARY:St Catharine’s Political Economy Seminar – 'The Political Economy of Brexit' Michael Kitson
DESCRIPTION:Date: Wednesday 8 November 2017\nTime: 18:00 -19:30\nSpeaker: Michael Kitson\nTalk Title: ‘The Political Economy of Brexit’\nLocation: Ramsden Room\, St Catharine’s College \nThe next St Catharine’s Political Economy Seminar in the series on the Economics of Austerity\, will be held on 8 November 2017 – Michael Kitson will give a talk on ‘The Political Economy of Brexit’. The seminar will be held in the Ramsden Room at St Catharine’s College from 6.00-7.30 pm. All are welcome. The seminar series is supported by the Cambridge Journal of Economics and the Economics and Policy Group at the Judge Business School. \nSpeaker:\nMichael Kitson is a University Senior Lecturer in global macroeconomics at the Judge Business School\, Cambridge; Assistant Director of the Centre for Business Research\, Cambridge; and Fellow of St Catharine’s College\, Cambridge. Michael Kitson’s research interests include: economic policy\, regional economics\, corporate performance\, innovation and the commercialisation of science. His current work is concerned with new developments in innovation policy and assessing the factors that drive regional competiveness and growth. \n  \nPlease contact the seminar organisers Philip Arestis (pa267@cam.ac.uk) and Michael Kitson (m.kitson@jbs.cam.ac.uk) in the event of a query.
URL:https://politicaleconomyhub.net/event/st-catharines-political-economy-seminar-michael-kitson-title-tbc/
LOCATION:Ramsden Room\, St Catharine’s College\, St Catharine's College\, Cambridge\, cb21rl\, United Kingdom
CATEGORIES:StCatzS
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BEGIN:VEVENT
DTSTART;TZID=UTC:20171025T180000
DTEND;TZID=UTC:20171025T193000
DTSTAMP:20260407T000853
CREATED:20170914T081354Z
LAST-MODIFIED:20170914T090853Z
UID:677-1508954400-1508959800@politicaleconomyhub.net
SUMMARY:St Catharine’s Political Economy Seminar – ‘How corporate governance is central to economic policy’\, Ciaran Driver
DESCRIPTION:Date: Wednesday 25 October 2017\nTime: 18:00 -19:30\nSpeaker: Ciaran Driver\nTalk Title: ‘How corporate governance is central to economic policy’\nLocation: Ramsden Room\, St Catharine’s College \nThe next St Catharine’s Political Economy Seminar in the series on the Economics of Austerity\, will be held on 25 October\, 2017 – Ciaran Driver will give a talk on ‘How corporate governance is central to economic policy’. The seminar will be held in the Ramsden Room at St Catharine’s College from 6.00-7.30 pm. All are welcome. The seminar series is supported by the Cambridge Journal of Economics and the Economics and Policy Group at the Judge Business School. \nSpeaker:\nCiaran Driver is Professor of Economics in the School of Finance and Management at SOAS University of London. His research interests include capital investment\, industrial economics\, innovation and corporate governance on which he has published widely. He has held visiting posts at the Australian National University and Stellenbosch University\, has had attachments to several global business schools\, and has advised various national and international public bodies. He co-authored with Paul Temple The Unbalanced Economy: a policy appraisal\, Palgrave-Macmillan (2014) Beyond Shareholder Value (2013)\, with colleagues at the TUC and NPI; and he contributed a chapter on innovation and finance to the Sage Handbook on Corporate Governance (2012). An edited compendium on corporate governance (with Grahame Thompson) will be published by OUP in 2018. Recent journal articles deal with the effects of corporate governance on R&D (Research Policy 2012); the economics of advertising (Journal of Economic Surveys 2015) and the perverse effects of high-powered executive pay (Industrial and Corporate Change 2017). He is a Fellow of the Academy of Social Sciences and a Trustee of the New Economics Foundation. Full publications and further information can be found on Researchgate: https://www.researchgate.net/profile/Ciaran_Driver \nTalk Overview:\n \nThis talk concerns the economic effects of corporate governance systems in advanced countries and how the design of governance interacts with economic policy. It starts off with a reprise of recent trends in corporate governance theory\, distinguishing the arguments for shareholder value (including agency theory)\, from critical stakeholder perspectives such as organization theory; property rights approaches; and externalities. The implications of the governance form for the economy are then discussed in terms of forward commitments such as capital investments and R&D and the time-horizon over which these are assessed; pay-out in the form of dividends and buybacks; and effects on labour and work commitment. The evidence for corporate governance effects on macroeconomic performance is assessed with reference to country studies and the variety of capitalism literature. Changes to the corporate governance system are considered by discussing which particular problems of economic policy are responsive to chosen governance reforms\, ranging over: managerial approaches; dual-class shares; engagement of investors; and stakeholder representation. \nPlease contact the seminar organisers Philip Arestis (pa267@cam.ac.uk) and Michael Kitson (m.kitson@jbs.cam.ac.uk) in the event of a query.
URL:https://politicaleconomyhub.net/event/st-catharines-political-economy-seminar-how-corporate-governance-is-central-to-economic-policy-ciaran-driver/
LOCATION:Ramsden Room\, St Catharine’s College\, St Catharine's College\, Cambridge\, cb21rl\, United Kingdom
CATEGORIES:StCatzS
ATTACH;FMTTYPE=image/png:https://politicaleconomyhub.net/wp-content/uploads/2015/01/ST_Catz_shield.png
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BEGIN:VEVENT
DTSTART;TZID=UTC:20171011T180000
DTEND;TZID=UTC:20171011T193000
DTSTAMP:20260407T000853
CREATED:20170913T095503Z
LAST-MODIFIED:20170914T073752Z
UID:665-1507744800-1507750200@politicaleconomyhub.net
SUMMARY:St Catharine’s Political Economy Seminar – ‘Neoliberalism\, Institutional Blending and the Governance of Rural Land’\, Ian Hodge
DESCRIPTION:Date: Wednesday 11 October 2017\nTime: 18:00 -19:30\nSpeaker: Ian Hodge\nTalk Title: ‘Neoliberalism\, Institutional Blending and the Governance of Rural Land’\nLocation: Ramsden Room\, St Catharine’s College \nThe next St Catharine’s Political Economy Seminar in the series on the Economics of Austerity\, will be held on 11 October\, 2017 – Ian Hodge will give a talk on ‘Neoliberalism\, Institutional Blending and the Governance of Rural Land’. The seminar will be held in the Ramsden Room at St Catharine’s College from 6.00-7.30 pm. All are welcome. The seminar series is supported by the Cambridge Journal of Economics and the Economics and Policy Group at the Cambridge Judge Business School. \nSpeaker:\nIan Hodge is Professor of Rural Economy in the Department of Land Economy and Fellow of Hughes Hall at the University of Cambridge\, where he has worked since 1983. He was Head of Department of Land Economy between 2002-2011. His primary research interests are in rural environmental governance\, policy and economics\, property institutions and rural development. He has previously worked at the Universities of Queensland in Australia and Newcastle upon Tyne in the UK. He has a PhD in Countryside Planning from Wye College\, University of London and a BSc from the University of Reading. \nTalk Overview:\nThere is a large literature on neoliberalism. Over time the literature has expanded to cover a variety of different issues. It is almost universally critical and has become increasingly incoherent and contradictory. One thread within neoliberalism\, focusing on property rights\, casts the debate in terms of public ownership and intervention versus private enterprise and ‘free’ markets. However\, this obscures a more significant trend towards new approaches in governance that fall between these extremes that we term institutional blending. This recognises the major role of civil society\, reallocation of property rights\, provision of assurance and of public\, private and third sector partnerships. It includes a role for an interventionist state that embraces many of the mechanisms that have been developed through neoliberal approaches. These will be illustrated taking examples from rural land management. The discussion questions whether this may represent a post-neoliberal approach to public governance. \nPlease contact the seminar organisers Philip Arestis (pa267@cam.ac.uk) and Michael Kitson (mk24@cam.ac.uk) in the event of a query \n 
URL:https://politicaleconomyhub.net/event/st-catharines-political-economy-seminar-neoliberalism-institutional-blending-and-the-governance-of-rural-land-ian-hodge/
LOCATION:Ramsden Room\, St Catharine’s College\, St Catharine's College\, Cambridge\, cb21rl\, United Kingdom
CATEGORIES:StCatzS
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BEGIN:VEVENT
DTSTART;TZID=UTC:20170308T180000
DTEND;TZID=UTC:20170308T193000
DTSTAMP:20260407T000853
CREATED:20161219T122443Z
LAST-MODIFIED:20161219T123509Z
UID:550-1488996000-1489001400@politicaleconomyhub.net
SUMMARY:St Catharine's Political Economy Seminar - '‘Expansionary Fiscal Policy – Open Economy Issues’\, Jonathan Perraton
DESCRIPTION:Date: Wednesday 8 March 2017\nTime: 18:00 -19:30\nSpeaker: Jonathan Perraton\nTalk Title: ‘‘Expansionary Fiscal Policy – Open Economy Issues’\nLocation: Ramsden Room\, St Catharine’s College \nThe next St Catharine’s Political Economy Seminar in the series on the Economics of Austerity\, will be held on 08 March\, 2017 – Jonathan Perraton will give a talk on ‘Expansionary Fiscal Policy – Open Economy Issues’. The seminar will be held in the Ramsden Room at St Catharine’s College from 6.00-7.30 pm. All are welcome. The seminar series is supported by the Cambridge Journal of Economics and the Economics and Policy Group at the Judge Business School. \nSpeaker:\nJonathan Perraton is Senior Lecturer in Economics at the University of Sheffield and an Associate Fellow of the Sheffield Political Economy Research Institute. He has published on economic globalisation\, balance of payments constrained growth\, political economy and economic methodology. He is a past coordinator of the Post-Keynesian Economics Study Group. \nTalk Overview:\nMuch of the recent discussion of expansionary fiscal policy has abstracted from open economy issues. The degree of openness of an economy would be expected to affect the multiplier; further\, the size\, composition and financing of any expansionary package would be expected to affect the real exchange rate. Some studies have indicated particular responses here from public infrastructure investment. The response of interest rates determined in global markets is crucial; this is related here to earlier economics and political economy work on the feasibility of Keynesian policies under globalisation. Some of this earlier work pointed to possible risk premium effects limiting the effectiveness of Keynesian policies. This work is revisited\, drawing on evidence from before and since the Global Financial Crisis. \nPlease contact the seminar organisers Philip Arestis (pa267@cam.ac.uk) and Michael Kitson (m.kitson@jbs.cam.ac.uk) in the event of a query.
URL:https://politicaleconomyhub.net/event/st-catharines-political-economy-seminar-2/
LOCATION:Ramsden Room\, St Catharine’s College\, St Catharine's College\, Cambridge\, cb21rl\, United Kingdom
CATEGORIES:StCatzS
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BEGIN:VEVENT
DTSTART;TZID=UTC:20170222T180000
DTEND;TZID=UTC:20170222T193000
DTSTAMP:20260407T000853
CREATED:20161219T122030Z
LAST-MODIFIED:20170206T114251Z
UID:547-1487786400-1487791800@politicaleconomyhub.net
SUMMARY:St Catharine's Political Economy Seminar Series - 'Whose Recovery?’\, Andy Haldane
DESCRIPTION:Date: Wednesday 22 February 2017\nTime: 18:00 -19:30\nSpeaker: Andy Haldane\nTalk Title: ‘Whose Recovery?’\nLocation: Mill Lane Lecture Room 1 \nThe next St Catharine’s Political Economy Seminar in the series on the Economics of Austerity\, will be held on 22 February\, 2017 – Andy Haldane will give a talk on “Whose Recovery?”. The seminar will be held in the Mill Lane Lecture Room 1 from 6.00-7.30 pm. All are welcome. The seminar series is supported by the Cambridge Journal of Economics and the Economics and Policy Group at the Judge Business School. \nSpeaker\nAndy Haldane is the Chief Economist at the Bank of England and Executive Director\, Monetary Analysis and Statistics. He is a member of the Bank’s Monetary Policy Committee. He also has responsibility for research and statistics across the Bank. In 2014\, TIME magazine named him one of the 100 most influential people in the world. Andy has written extensively on domestic and international monetary and financial policy issues. He is co-founder of ‘Pro Bono Economics’\, a charity which brokers economists into charitable projects. \nTalk overview\nAndy Haldane will talk on the issue of at an aggregate level\, there has been a strong recovery in the UK economy over the past three years and a dramatic improvement in the jobs market. For many\, the economic recovery has been visible and tangible – in sales\, in jobs\, in investment. But for others it is barely visible and for some non-existent. Put differently\, whose recovery are we actually talking about? This economic recovery has varied considerably across different dimensions depending on: where in the country you live\, how old you are\, what assets you own and your income level. For growth to be sustainable and strong it needs to be inclusive and comprehensive.\nThis talk will discuss how we might reconcile the macro data with these micro accounts\, and what role public policy should seek to play over time to close these fault-lines and achieve inclusive and sustainable rises in societal well-being. \nPlease contact the seminar organisers Philip Arestis (pa267@cam.ac.uk) and Michael Kitson (m.kitson@jbs.cam.ac.uk) in the event of a query.
URL:https://politicaleconomyhub.net/event/st-catharines-political-economy-seminar-series-speaker-tbc/
LOCATION:Ramsden Room\, St Catharine’s College\, St Catharine's College\, Cambridge\, cb21rl\, United Kingdom
CATEGORIES:StCatzS
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BEGIN:VEVENT
DTSTART;TZID=UTC:20170208T180000
DTEND;TZID=UTC:20170208T193000
DTSTAMP:20260407T000853
CREATED:20161219T121516Z
LAST-MODIFIED:20161219T123118Z
UID:542-1486576800-1486582200@politicaleconomyhub.net
SUMMARY:St Catharine’s Political Economy Seminar –  'Explaining the Euro Crisis: Current Account Imbalances\, Credit Booms and Economic Policy in Different Economic Paradigms’\, Engelbert Stockhammer
DESCRIPTION:Date: Wednesday 8 February 2017\nTime: 18:00 -19:30\nSpeaker: Engelbert Stockhammer\nTalk Title: ‘Explaining the Euro Crisis: Current Account Imbalances\, Credit Booms and Economic Policy in Different Economic Paradigms’\nLocation: Ramsden Room\, St Catharine’s College \nSt Catharine’s Political Economy Seminar in the series on the Economics of Austerity\, a seminar will be held on 08 February\, 2017 – Engelbert Stockhammer will give a talk on ‘Explaining the Euro Crisis: Current Account Imbalances\, Credit Booms and Economic Policy in Different Economic Paradigms’. The seminar will be held in the Ramsden Room at St Catharine’s College from 6.00-7.30 pm. All are welcome. The seminar series is supported by the Cambridge Journal of Economics and the Economics and Policy Group at the Judge Business School. \nSpeaker:\nEngelbert Stockhammer is Professor of Economics at Kingston University London and coordinator of the Political Economy Research Group (PERG). He has worked on Post Keynesian Economics\, financialisation\, wage-led demand regimes and economic policy in Europe and is ranked among the top 5% of economists worldwide by REPEC. He has published numerous articles in international peer-refereed journals\, including the Cambridge Journal of Economics\, Oxford Review of Economic Policy\,International Review of Applied Economics\, Journal of Post Keynesian Economics\, British Journal of Industrial Relations\, Environment and Planning A\, New Political Economy\, and Socio-Economic Review. Recent books include Wage-Led Growth. An Equitable Strategy for Economic Recovery. \nTalk overview:\nThe paper proposes a post-Keynesian analysis of the Eurozone crisis and contrasts interpretations inspired by New Keynesian\, New Classical\, and Marxist theories. The origin of the crisis is the emergence of a debt-driven and an export-driven growth model\, which resulted in rapid increase in private debt ratios and current account imbalances. The reason the crisis escalated in southern Europe\, but not in other parts of the world\, lies in the unique dysfunctional economic policy regime of the Euro area. European fiscal rules and the Troika impose fiscal austerity on countries in crisis and the separation of fiscal and monetary spaces has made countries vulnerable to sovereign debt crises and forced them to comply. We analyse the role different paradigms attribute to current account imbalances\, fiscal policy and monetary policy. Remarkably\, opposing views on the relative importance of cost and demand developments in explaining current account imbalances can be found in both heterodox and orthodox economics. Regarding the assessment of fiscal and monetary policy there is a clearer polarisation\, with heterodox analysis regarding austerity as unhelpful and large parts of orthodox economics endorsing it. We conclude that there is a weak mapping between post-Keynesian\, New Classcial\, New Keynesian and Marxist theories and different economic policy strategies for the Euro area\, which we label Keynesian New Deal\, European Orthodoxy\, Moderate Reform and Progressive Exit respectively. \nPlease contact the seminar organisers Philip Arestis (pa267@cam.ac.uk) and Michael Kitson (m.kitson@jbs.cam.ac.uk) in the event of a query.
URL:https://politicaleconomyhub.net/event/542/
LOCATION:Ramsden Room\, St Catharine’s College\, St Catharine's College\, Cambridge\, cb21rl\, United Kingdom
CATEGORIES:StCatzS
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BEGIN:VEVENT
DTSTART;TZID=UTC:20170125T180000
DTEND;TZID=UTC:20170125T183000
DTSTAMP:20260407T000853
CREATED:20161219T120942Z
LAST-MODIFIED:20161219T122803Z
UID:540-1485367200-1485369000@politicaleconomyhub.net
SUMMARY:St Catharine’s Political Economy Seminar – 'Brexit and the Political Economy of ‘Populism’\, Yiannis Kitromilides
DESCRIPTION:Date: Wednesday 25 January 2017\nTime: 18:00 -19:30\nSpeaker: Yiannis Kitromilides\nTalk Title: ‘Brexit and the Political Economy of ‘Populism’\nLocation: Ramsden Room\, St Catharine’s College \nThe next St Catharine’s Political Economy Seminar in the series on the Economics of Austerity\, will be held on 25 January\, 2017 – Yiannis Kitromilides will give a talk on “Brexit and the Political Economy of ‘Populism'”. The seminar will be held in the RAMSDEN Room at St Catharine’s College from 6.00-7.30 pm. All are welcome. The seminar series is supported by the Cambridge Journal of Economics and the Economics and Policy Group at the Cambridge Judge Business School. \nSpeaker\nYiannis Kitromilides is Associate Member of the Cambridge Centre of Economic and Public Policy\, Department of Land Economy\, University of Cambridge. He has previously taught at the University of Greenwich\, the University of Westminster\, the University of Middlesex and the School of Oriental and African Studies\, University of London. His main research interests are in the areas of European Monetary Integration\, Reform of Banking\, Economics of Climate Change and the Political Economy of Economic Policy-making. His most recent publications include papers on the political economy of the austerity strategy\, Greece and the eurozone crisis\, Technocracy and public policy-making and the EU after ‘Brexit’. \nTalk Overview\nThe unexpected electoral success of both the ‘leave’ campaign in the UK referendum and of Donald Trump in the US presidential elections has been widely attributed to the rise of right-wing ‘populism’. It is predicted that this phenomenon is likely to be repeated in other parts of Europe and the World. This is to be contrasted with left-wing ‘populism’ which produced the recent electoral successes of the anti-austerity movements of Syriza in Greece and Podemos in Spain. ‘Populism’ appears to provide an explanation for the electoral successes of both left-wing and right-wing movements. The concept of ‘populism’ is subject to many different\, often conflicting\, interpretations and definitions. The paper examines the different varieties of ‘populism’ and concludes that given its elusive nature the widespread use of the term as an explanation of recent surprising electoral outcomes is of rather limited usefulness. Regarding ‘Brexit’\nthe paper discusses an alternative explanation for the electoral outcome of the UK referendum as ‘an accident waiting to happen’. \nPlease contact the seminar organisers Philip Arestis (pa267@cam.ac.uk) and Michael Kitson (m.kitson@jbs.cam.ac.uk) in the event of a query.
URL:https://politicaleconomyhub.net/event/st-catharines-political-economy-seminar-brexit-and-the-political-economy-of-populism-yiannis-kitromilides/
LOCATION:Ramsden Room\, St Catharine’s College\, St Catharine's College\, Cambridge\, cb21rl\, United Kingdom
CATEGORIES:StCatzS
ATTACH;FMTTYPE=image/png:https://politicaleconomyhub.net/wp-content/uploads/2015/01/ST_Catz_shield.png
END:VEVENT
BEGIN:VEVENT
DTSTART;TZID=UTC:20161116T180000
DTEND;TZID=UTC:20161116T193000
DTSTAMP:20260407T000853
CREATED:20161108T103246Z
LAST-MODIFIED:20161114T134410Z
UID:490-1479319200-1479324600@politicaleconomyhub.net
SUMMARY:St Catharine’s Political Economy Seminar – Graham Gudgin & Ken Coutts 'Can fiscal and monetary policy offset macro-economic losses from Brexit'
DESCRIPTION:Date: Wednesday 16 November 2016\nTime: 18:00 -19:30\nSpeakers: Graham Gudgin & Ken Coutts\nTalk Title: ‘Can fiscal and monetary policy offset macro-economic losses from Brexit’\nLocation: Ramsden Room\, St Catharine’s College \nThe next St Catharine’s Political Economy Seminar in the series on the ‘Economics of Austerity’\, will be held on Wednesday 16 November 2016. Graham Gudgin & Ken Coutts will give a talk on “Can fiscal and monetary policy offset macro-economic losses from Brexit”. The seminar will be held in the Ramsden Room at St Catharine’s College from 6.00-7.30 pm. All are welcome. The seminar series is supported by the Cambridge Journal of Economics and the Economics and Policy Group at the Cambridge Judge Business School. \nPlease contact the seminar organisers Philip Arestis (pa267@cam.ac.uk) and Michael Kitson (mk24@cam.ac.uk) in the event of a query.
URL:https://politicaleconomyhub.net/event/st-catharines-political-economy-seminar-graham-gudgin-ken-coutts-can-fiscal-and-monetary-policy-offset-macro-economic-losses-from-brexit/
LOCATION:Ramsden Room\, St Catharine’s College\, St Catharine's College\, Cambridge\, cb21rl\, United Kingdom
CATEGORIES:StCatzS
ATTACH;FMTTYPE=image/png:https://politicaleconomyhub.net/wp-content/uploads/2015/01/ST_Catz_shield.png
END:VEVENT
BEGIN:VEVENT
DTSTART;TZID=UTC:20161102T180000
DTEND;TZID=UTC:20161102T193000
DTSTAMP:20260407T000853
CREATED:20160922T110334Z
LAST-MODIFIED:20161114T134527Z
UID:465-1478109600-1478115000@politicaleconomyhub.net
SUMMARY:St Catharine’s Political Economy Seminar Series – David Miles ‘Real Estate and the Financial Sector in the Short and Long Term’
DESCRIPTION:Date: Wednesday 2 November 2016\nTime: 18:00 -19:30\nSpeaker: David Miles \nTalk Title: ‘Real Estate and the Financial Sector in the Short and Long Term’\nLocation: Ramsden Room\, St Catharine’s College \nThe next St Catharine’s Political Economy Seminar in the series on the Economics of Austerity\, will be held on Wednesday 24 February 2016 – Anastasia Nesvetailova will give a talk on “Shadow Banking and Financial Innovation: in Search of a Theory”. The seminar will be held in the Ramsden Room at St Catharine’s College from 6.00-7.30 pm. All are welcome. The seminar series is supported by the Cambridge Journal of Economics and the Economics and Policy Group at the Cambridge Judge Business School. \n  \nPlease contact the seminar organisers Philip Arestis (pa267@cam.ac.uk) and Michael Kitson (mk24@cam.ac.uk) in the event of a query.
URL:https://politicaleconomyhub.net/event/st-catharines-political-economy-seminar-speaker-david-miles/
LOCATION:Ramsden Room\, St Catharine’s College\, St Catharine's College\, Cambridge\, cb21rl\, United Kingdom
CATEGORIES:StCatzS
ATTACH;FMTTYPE=image/png:https://politicaleconomyhub.net/wp-content/uploads/2015/01/ST_Catz_shield.png
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BEGIN:VEVENT
DTSTART;TZID=UTC:20161019T180000
DTEND;TZID=UTC:20161019T193000
DTSTAMP:20260407T000853
CREATED:20160922T105907Z
LAST-MODIFIED:20161114T134624Z
UID:464-1476900000-1476905400@politicaleconomyhub.net
SUMMARY:St Catharine’s Political Economy Seminar – Peter Sinclair ‘In Search of Smart Fiscal Policies’
DESCRIPTION:Date: Wednesday 19 October 2016\nTime: 18:00 -19:30\nSpeaker: Peter Sinclair\nTalk Title: ‘In Search of Smart Fiscal Policies’\nLocation: Ramsden Room\, St Catharine’s College \nThe next St Catharine’s Political Economy Seminar in the series on the Economics of Austerity\, will be held on Wednesday 17 February 2016. Peter Sinclair will give a talk on “In Search of Smart Fiscal Policies”. The seminar will be held in the Ramdsden Room at St Catharine’s College from 6.00-7.30 pm. All are welcome. The seminar series is supported by the Cambridge Journal of Economics and the Economics and Policy Group at the Cambridge Judge Business School. \nPlease contact the seminar organisers Philip Arestis (pa267@cam.ac.uk) and Michael Kitson (mk24@cam.ac.uk) in the event of a query.
URL:https://politicaleconomyhub.net/event/st-catharines-political-economy-seminar-speaker-peter-sinclair/
LOCATION:Ramsden Room\, St Catharine’s College\, St Catharine's College\, Cambridge\, cb21rl\, United Kingdom
CATEGORIES:StCatzS
ATTACH;FMTTYPE=image/png:https://politicaleconomyhub.net/wp-content/uploads/2015/01/ST_Catz_shield.png
END:VEVENT
BEGIN:VEVENT
DTSTART;TZID=UTC:20161012T180000
DTEND;TZID=UTC:20161012T193000
DTSTAMP:20260407T000853
CREATED:20160922T105542Z
LAST-MODIFIED:20161114T140124Z
UID:463-1476295200-1476300600@politicaleconomyhub.net
SUMMARY:St Catharine’s Political Economy Seminar – Terry Barker ‘Financialisation of the Global Economic System Past\, Present and Future@ its Relevance to Austerity Economics’
DESCRIPTION:Date: Wednesday 12 October 2016\nTime: 18:00 -19:30\nSpeaker: Terry Barker\nTalk Title: ‘Financialisation of the Global Economic System Past\, Present and Future@ its Relevance to Austerity Economics’\nLocation: Ramsden Room\, St Catharine’s College \nThe next St Catharine’s Political Economy Seminar in the series on the ‘Economics of Austerity’\, will be held on Wednesday 12 October 2016. Terry Barker will give a talk on “Financialisation of the Global Economic System Past\, Present and Future@ its Relevance to Austerity Economics”. The seminar will be held in the Ramsden Room at St Catharine’s College from 6.00-7.30 pm. All are welcome. The seminar series is supported by the Cambridge Journal of Economics and the Economics and Policy Group at the Cambridge Judge Business School. \nPlease contact the seminar organisers Philip Arestis (pa267@cam.ac.uk) and Michael Kitson (mk24@cam.ac.uk) in the event of a query. \n 
URL:https://politicaleconomyhub.net/event/st-catharines-political-economy-seminar-speaker-terry-barker/
LOCATION:Ramsden Room\, St Catharine’s College\, St Catharine's College\, Cambridge\, cb21rl\, United Kingdom
CATEGORIES:StCatzS
ATTACH;FMTTYPE=image/png:https://politicaleconomyhub.net/wp-content/uploads/2015/01/ST_Catz_shield.png
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