News & Events

The 20th Annual International Conference on Economics and Security

June 15 - 17, 2016
Ankara, Turkey

The 20th Annual International Conference on Economics and Security will be held at TED University, Ankara, Turkey June 15th-17th 2016.
Tthe conference aims to provide an opportunity for economists, political scientists and others from around the world to share ideas and discuss the future developments

The conference will have plenary sessions with keynote speakers and specialist workshop streams.

More information available here.

Disarm! For a Climate of Peace
Creating an Action Agenda
IPB World Congress 2016 on Military and Social Spending

September 30 – October 3, 2016 Technische Universitä t Berlin, Germäny

The main aim of this congress is to bring the issue of military spending, often seen as a technical question, into broad public debate and to strengthen the global community of activism.

Find out more 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.

 Douglass C. North
November 5, 1920 - November 23, 2015

Maverick Economist and Nobel Laureate, Dies at 95

Douglass C. North became known for challenging traditional methods of economic analysis.

A Nobel laureate whose work in applying economic theory to history offered a new understanding of how societies coordinate people’s behavior, died on Monday at his home in Benzonia, Mich. He was 95.

The son of a high school dropout, Professor North traced an unlikely path to academic renown and the halls of government in China, Latin America, Eastern Europe and elsewhere, where he was a sought-after consultant.

In academia, where his teaching career spanned seven decades, and in his many books and articles as an economics historian, he became known for challenging traditional methods of economic analysis, in which markets hold sway, finding that they often fell short of explaining long-term economic growth.
In casting his net wider, he took into account, among other things, the economic impact of social and political institutions, of laws and customs regarding property rights, and of religious beliefs and human cognition.

He hypothesized, for example, that when various economic groups — farmers or bankers or railroad companies — find that institutions inhibit them from making bigger profits, they will come together to change the institutions.

“North’s genius is figuring out what question to ask next, which often comes as an answer to the question ‘What can’t I explain with my current conceptual framework?’” John Joseph Wallis, a professor of economics at the University of Maryland and a North protégé and collaborator, wrote in a paper he delivered in celebration of Professor North’s 90th birthday. “To do this requires a very unusual combination of humility and confidence.”

While at the University of Washington, in Seattle, where he taught for 33 years, Professor North helped found a branch of inquiry called cliometrics, named for the muse of history, Clio, after he and others had concluded that traditional market-oriented economics faltered in measuring some aspects of economic performance quantitatively.

Professor North contended that traditional economics did not fully recognize that markets are embedded in institutions, which evolve slowly and can be understood only by studying the cultural phenomena behind them.

Read the full Obituary here.