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DTSTART:20170101T000000
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BEGIN:VEVENT
DTSTART;TZID=UTC:20170308T080000
DTEND;TZID=UTC:20170308T170000
DTSTAMP:20260413T043600
CREATED:20170308T110530Z
LAST-MODIFIED:20170308T112026Z
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SUMMARY:St Catharine’s Political Economy Seminar – ‘‘Beyond Austerity and Stimulus: Broadening Capital Acquisition with the Earnings of Capital as a Means to Sustainable Fuller Employment and Growth’\, Robert Ashford
DESCRIPTION:Date: Wednesday 10 May 2017\nTime: 18:00 -19:30\nSpeaker: Robert Ashford\nTalk Title: ‘‘Beyond Austerity and Stimulus: Broadening Capital Acquisition with the Earnings of Capital as a Means to Sustainable Fuller Employment and Growth’\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 10 May\, 2017 – Robert Ashford will give a talk on ‘Beyond Austerity and Stimulus: Broadening Capital Acquisition with the Earnings of Capital as a Means to Sustainable Fuller Employment and Growth’. 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 Ashford is Bond\, Schoeneck & King Distinguished Professor of Law at Syracuse University\, where he teaches or has taught courses in Business Associations\, Business Planning\, Public Corporations\, Professional Responsibility\, Secured Transactions\, Securities Regulation\, and Inclusive Capitalism. He holds a J.D. with honors from Harvard Law School\, and a B.A. with majors in physics and English literature\, graduating first in his class at the University of South Florida. He was a Woodrow Wilson Fellow at Stanford University.\nProfessor Ashford has authored or co-authored books\, articles\, and book chapters on subjects including banking\, binary economics\, history of economic thought\, inclusive capitalism\, professional responsibility\, socio-economics\, and tax law. His scholarship has been cited by state and federal courts\, including the United States Supreme Court. He has lectured at universities and conferences in Australia\, Canada\, France\, Greece\, Indonesia\, Italy\, Switzerland\, the United Kingdom\, and throughout the U.S.A. His biography appears in editions of Marquis Who’s Who since 2011. Professor Ashford is founder and principal organizer of the Section on Socio-Economics of the Association of American Law Schools\, the Society of Socio-Economists\, and a member of the academic honour societies of Phi Kappa Phi and Sigma Pi Sigma (physics)\, and the American Law Institute. \nTalk Overview:\nTo achieve fuller employment of labour and capital and enhanced earnings of poor and middle-class people\, austerity advocates advance the laissez faire approach grounded in neoclassical theory\, and stimulus advocates advance various versions of Keynesian theory. The presentation offers a different strategy (broadening competitive market opportunities to acquire capital with the earnings of capital) resting on a different theory of fuller employment) (the prospect of more broadly distributed capital earnings in future years provides incentives to profitably employ more labour and capital in earlier years). This theory of fuller employment is similar to Keynesian theory but distinct and complementary because it operates in the long run as well as the short run and requires no redistribution. Based on the theory\, modest changes in the system of corporate finance will enable market participants to price the value of more broadly distributed capital acquisition. Predicted results include (1) enhanced earnings for poor and middle-class people\, (2) enhanced corporate profits and growth\, (3) reduced need for welfare dependence\, government spending\, borrowing\, and taxes\, and (4) enhanced sovereign creditworthiness. These predicted results\, if realized\, surpass expectations based on mainstream theories and will make both austerity and stimulus strategies more affordable and politically feasible. \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-beyond-austerity-and-stimulus-broadening-capital-acquisition-with-the-earnings-of-capital-as-a-means-to-sustainable-fuller/
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DTSTART;TZID=UTC:20170308T170000
DTEND;TZID=UTC:20170308T190000
DTSTAMP:20260413T043600
CREATED:20161213T132129Z
LAST-MODIFIED:20161213T132129Z
UID:532-1488992400-1488999600@politicaleconomyhub.net
SUMMARY:Greenwich Political Economy Research Centre (GPERC): International Women's Day: "Gender Equality for a Sustainable Economy"
DESCRIPTION:International Women’s Day: “Gender Equality for a Sustainable Economy”\, with:\nSarah Champion MP (invited)\nProf. Diane Elson\nProf Ozlem Onaran\nDr Hannah Bargawi\nDr Giovanni Cozzi\nDr Jerome de Henau\nMr Howard Reed \nThis event is co-organised by GPERC\, Women’s Budget Group and FEPS. \nA place must be booked at:\nhttps://www.eventbrite.co.uk/e/gender-equality-for-a-sustainable-economy-tickets-30188948959 \nTo be held at the University of Greenwich\, Queen Anne Court room QA65.
URL:https://politicaleconomyhub.net/event/greenwich-political-economy-research-centre-gperc-international-womens-day-gender-equality-for-a-sustainable-economy/
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BEGIN:VEVENT
DTSTART;TZID=UTC:20170308T180000
DTEND;TZID=UTC:20170308T193000
DTSTAMP:20260413T043600
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:20170322T160000
DTEND;TZID=UTC:20170322T180000
DTSTAMP:20260413T043600
CREATED:20170321T130833Z
LAST-MODIFIED:20170321T131653Z
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SUMMARY:'Does inequality hamper innovation and growth?' Alberto Russo & ‘A simple formalisation of Minsky's business cycle theory’ by Rob Jump
DESCRIPTION:‘Does inequality hamper innovation and growth?’ by Alberto Russo (Marche Polytechnic University) \nAbstract: The paper builds upon the Agent Based-Stock Flow Consistent model presented in Caiani et al. (2015) to analyze the relationship between income and wealth inequality and economic development. For this sake\, the original model has been amended under three main dimensions: first\, the households sector has been subdivided into workmen\, office workers\, researchers\, and executives which compete on segmented labor markets.  Conversely\, firms are now characterized by a hierarchical organization structure which determines\, according to firms’ output levels\, their demand for each type of workers. Second\, in order to account for the impact of income and wealth distribution on consumption patterns\, different households classes – also representing different income groups – have diversified average propensities to consume and save. Finally\, the model now embeds technological change in an evolutionary flavor\, affecting labor productivity evolution in the consumption sector through product innovation in the capital sector\, where firms invest in R&D and produce differentiated vintages of machineries. The model is then calibrated using realistic values for both income and wealth distribution across different income groups\, and their average propensities to consume. Results of the simulation experiments suggest that more progressive tax schemes and labor market policies aiming to increase low and middle workers’ coordination\, and to support their wage levels\, concur to foster economic development and to reduce inequality\, though the latter seem to be more effective under both respects. The model thus provides some evidence in favor of a wage-led growth regime\, where improvements of middle-low levels workers’ conditions create positive systemic effects\, which eventually trickle up also to high income-profit earners households. \n‘A simple formalisation of Minsky’s business cycle theory’ by Rob Jump (Kingston University) \nAbstract: This paper presents a simple model of Minsky’s business cycle theory. The model is based on the Phillips (1954) continuous time multiplier accelerator model\, where firms have a target debt to income ratio\, rather than a target capital to income ratio. Via a strategy switching mechanism\, fluctuations with a smaller perceived volatility lead to firms reducing their margins of safety by moving towards higher debt to income ratios. This increases volatility\, the economy is destabilised\, and firms increase their margins of safety by moving towards lower debt to income ratios. Hence the cycle repeats itself\, and “stability is destabilising”.  The simple model relies on an approximate aggregation assumption\, and we estimate the approximation bias numerically using techniques from agent based modelling. \nPlease join us for this event as part of the Economic Department Research Seminar Series\, it is free to attend. \nBooking and further information: http://www.kingston.ac.uk/events/item/2502/22-mar-2017-economics-research-seminar-with-alberto-russo-and-rob-jump/ \nContact: Antoine Godin (A.Godin@kingston.ac.uk) \nVenue: JG 3013 \nHow to find us: The seminar takes place at Penryhn Road Campus (Kingston upon Thames\, Surrey\, KT1 2EE). Public Transport: take train from London Waterloo to Surbiton (20 mins approx.) and walk (15 mins approx.) or buses 71\, 281\, K2\, K3 (5 mins approx.) from Surbiton Station to Kingston University. For further details and driving directions\, please go http://www.kingston.ac.uk/aboutkingstonuniversity/location/howtofindus/penrhynroad/ \n  \n 
URL:https://politicaleconomyhub.net/event/does-inequality-hamper-innovation-and-growth-alberto-russo/
LOCATION:Kingston University\, Penrhyn Road\, Kingston\, Surrey\, \, KT1 2EE\, United Kingdom
CATEGORIES:Seminar
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BEGIN:VEVENT
DTSTART;TZID=UTC:20170327T093000
DTEND;TZID=UTC:20170327T170000
DTSTAMP:20260413T043600
CREATED:20170321T132937Z
LAST-MODIFIED:20170322T095115Z
UID:631-1490607000-1490634000@politicaleconomyhub.net
SUMMARY:IIPPE Training Workshop – Value and Price after Marx
DESCRIPTION:IIPPE Training Workshop – Value and Price after Marx \nMon 27 March\, SOAS Brunei Gallery (room B102) \nThe International Initiative for Promoting Political Economy (IIPPE) announce their next Training Workshop at SOAS (room B102\, in the Brunei Gallery)\, London on 27 March 2017 (registration from 9.30am). \nSimon Mohun will lead the workshop. In the morning session (10am to 1pm)\, the focus will be on a Marxist approach to the understanding of value and price. The afternoon session will provide a comprehensive survey of approaches to the ‘transformation problem’\, for which a prerequisite is either (and preferably) the morning session or some prior knowledge of the issues involved. In both sessions the emphasis will be on interpretation and logic\, rather than any underlying mathematics. \nThis Workshop will appeal to undergraduate and postgraduate students\, junior academics and activists who have a particular interest in acquainting themselves with core elements of Marxian political economy. \nPre-registration is essential because of room capacity constraints. Please register by completing the online form. \nTo learn about IIPPE\, their activities\, working groups and events\, access www.iippe.org.
URL:https://politicaleconomyhub.net/event/iippe-training-workshop-value-and-price-after-marx/
CATEGORIES:Workshop
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BEGIN:VEVENT
DTSTART;TZID=UTC:20170330T090000
DTEND;TZID=UTC:20170330T170000
DTSTAMP:20260413T043600
CREATED:20161219T113907Z
LAST-MODIFIED:20161219T115823Z
UID:538-1490864400-1490893200@politicaleconomyhub.net
SUMMARY:Economic Policies since the Global Financial Crisis Conference
DESCRIPTION:Economic Policies since the Global Financial Crisis Conference \nThis conference\, organised by the Cambridge Trust for New Thinking in Economics (CTNTE)\, focuses on how economic policies have changed in response to the Global Financial Crisis (GFC) from the viewpoint of the ‘New Economics’\, an interdisciplinary approach that is concerned with institutional behaviour\, expectations and uncertainty as opposed to traditional economics with its emphasis on equilibrium\, mathematical formalism and deterministic solutions. \nThe Conference brings together eight papers by renown academics across Europe to explore the fiscal policy responses in the immediate aftermath of the GFC changes to the economic policies and attitudes to the financial sector and its regulation the development of ‘unorthodox’ monetary policies changes to industrial policy\, labour market and environmental policies the impact of growing concerns over inequality on the policy agenda. \nThe papers explore the fate of these policy developments at both national and supra-national level. \nRegistration forms and more detailed information regarding the conference programme\, speakers and papers is available online http://www.neweconomicthinking.org/prog_30March2017.htm \nThe standard conference fee is £129\, with a special rate of £44 for academics\, not-for-profit organisations and placement students. Free places are available for postgraduate students. \nPlease email Sanna at info@neweconomicthinking.org to register or for more information.
URL:https://politicaleconomyhub.net/event/economic-policies-since-the-global-financial-crisis-conference/
LOCATION:Senior Combination Room (SCR)\, St Catharine’s College\, Cambridge\, United Kingdom
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BEGIN:VEVENT
DTSTART;TZID=UTC:20170330T093000
DTEND;TZID=UTC:20170330T173000
DTSTAMP:20260413T043600
CREATED:20170321T122750Z
LAST-MODIFIED:20170321T124423Z
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SUMMARY:Post-Brexit Options for the UK: Combining Legal and Economic Analysis Workshop
DESCRIPTION:The UK government faces a major challenge in formulating a clear plan for Brexit. Its current position is that departing the EU necessarily entails leaving the European Economic Area and customs union. The Prime Minster has said that ‘no deal’ is better than a ‘bad deal’. Thus it is possible that at the end of March 2019\, the UK will fall back on WTO rules. While the government may have worked out the legal and institutional implications of this scenario\, it has not shared this information with the public. By its own admission\, the government has not undertaken any economic analysis of the possible effects of Brexit\, beyond the work carried out by the Treasury before the referendum of June 2016. In these circumstances\, there is an urgent need for informed public debate on the consequences of Brexit. On 30 March 2017 the Cambridge Public Policy Strategic Research Initiative and Centre for Business Research (CBR) will be holding a Workshop to explore the legal and economic context of the momentous decision to trigger Article 50. We will be reporting the state of the art on legal issues which include the WTO option\, migration\, citizen’s rights\, the UK’s ‘exit bill’\, free movement\, taxation\, social policy\, and the legal mechanics of leaving\, including the proposed ‘Great Repeal Act’. We will also be presenting the latest results from the CBR’s economic forecasting model\, UKMOD\, which has earned a reputation for accuracy and even-handedness in its analysis of the effects of Brexit. \nKeynote speaker\nJames Wolffe QC\, Lord Advocate for Scotland \nLegal Issues:\nMigration: Catherine Barnard\nThe WTO Option: Lorand Bartels\nSector-specific regulation: John Bell\nSocial and Economic Policy: Simon Deakin\nTaxation: Julian Ghosh QC\nThe Great Repeal Act: David Howarth\nEU Citizens’ Rights: Kirsty Hughes\nFree Movement: Martin Steinfeld\nThe UK’s ‘Exit Bill’: Michael Waibel \nEconomic Forecast\nEconomic Scenarios Post-Brexit: Graham Gudgin\, Ken Coutts and Neil Gibson \nRegistration\nRegistration is free but places are limited. To reserve a place please email Rachel Wagstaff (r.wagstaff@cbr.cam.ac.uk). \nLocation\nThe Theatre\, Peterhouse\, Cambridge CB2 1RD\nhttp://www.pet.cam.ac.uk \nWe are grateful for the support of the University of Cambridge Impact Acceleration Account.
URL:https://politicaleconomyhub.net/event/post-brexit-options-for-the-uk-combining-legal-and-economic-analysis/
LOCATION:Peterhouse\, Trumpington Street\, Cambridge \, CB2 1RD\, United Kingdom
CATEGORIES:Workshop
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