News & Events

EPS at The AEA

EPS will be organizing two sessions and holding our annual dinner at the 2016 ASSA/AEA Annual Meetings.


The Crisis of Austerity
Panel Moderator: Marshall Auerback

Patrick Honohan - Central Bank of Ireland - Austerity in Ireland
Jeffrey Sommers - University of Wisconsin, Milwaukee - Austerity in the Baltics
Allen Sinai - Decision Economics, Austerity and Monetary Policy
James K. Galbraith - EPS, University of Texas- Austin, Austerity in Greece

Balancing National Security and Transparency
Panel Moderator: Richard Kaufman - Bethesda Research Institute 

Yanis Varoufakis - Former Finance Minister, Hellenic Republic
Robert Skidelsky - Warwick University 
Linda Bilmes - Harvard University 
Daniel Ellsberg - Nuclear Age Peace Foundation 

This year our dinner will honor
Daniel Ellsberg.
January 4th, 2016
6:30pm - 10pm

*Please note The Annual Meeting will be held on Sunday, Monday, Tuesday this year.

Europe’s Last Act?

By EPS Trustee Joseph E. Stiglitz for Project Syndicate, June 5, 2015

European Union leaders continue to play a game of brinkmanship with the Greek government. Greece has met its creditors’ demands far more than halfway. Yet Germany and Greece’s other creditors continue to demand that the country sign on to a program that has proven to be a failure, and that few economists ever thought could, would, or should be implemented.

Read the full article here.

Economists for Peace and Security works to promote non-military solutions to world challenges, and more broadly to work towards freedom from fear and want for all.

Ruth Sivard
November 25, 1915 – August 21, 2015

Economist Who Scrutinized Military Spending, Dies at 99

Ruth Leger Sivard, an internationally known economist who sought to demonstrate the cost of militarism by compiling and comparing statistics on global spending for soldiers and doctors, defense and literacy, as well as other measures of national priorities, died Aug. 21 at her home in Washington. She was 99.

First as a government analyst and later as an independent researcher and publisher, Ms. Sivard became a foremost authority on how the United States and other nations allocate their resources, great or small, among defense and other societal needs.

She conducted her early comparative studies of military and social spending in the 1960s at the federal Arms Control and Disarmament Agency, where she rose to chief of the economics division.

The reports, as she presented them, were discontinued in 1972 after Melvin R. Laird, defense secretary under President Richard M. Nixon, complained that they “contained misleading comparisons . . . and were complicating the Pentagon’s task of presenting the defense budget to Congress,” as his objection was described by the New York Times.

Ms. Sivard left the arms control agency and formed the ­Washington-based nonprofit organization World Priorities. With support from groups including the Carnegie Corp. and the Ford and Rockefeller foundations, she began publishing regular installments of an independent report, “World Military and Social Expenditures,” that was widely read among policymakers.

Particularly during the Cold War between the United States and the Soviet Union, the reports documented “an arms race out of control” and military costs that ballooned amid rampant global ills such as poverty, famine, illiteracy and unemployment.

“With what she knows, she has every right to get on a rooftop and scream,” Washington Post columnist Colman McCarthy wrote in 1986. “Instead, after 10 years of analyzing what 142 of the planet’s governments spend their citizens’ money on, she remains a clarifier. The field is small. Few are as skilled.”

Read the New York Times Obit here.