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
January 4th, 2016
6:30pm - 10pm
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.
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.
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.”