May 2012






I believe that unarmed truth and unconditional love will have the final word in reality. That is why right, temporarily defeated, is stronger than evil triumphant.


~Martin Luther King, Jr.




Table of Contents

EPS News

In Other News


Funding & Employment Opportunities

Action Corner

Upcoming Events

How Can I Help?



EPS News


OWS "put inequality on US agenda" 

RussiaToday online - May 12 interview of EPS Trustee Kenneth Arrow


"At first, OWS seemed ridiculous, but it has changed national attitudes to income inequality – a major problem in the US, says one of world’s best-known economists, Nobel prize-winner Kenneth Joseph Arrow. And that is a fine thing, he adds.


RT: The global economy is still not fully recovered from the recent financial crisis, and now we have many economists saying that we are going into another recession or that we're going to have another wave of crisis hit us. What's your take on that?


Kenneth Arrow: I think the answer is "we don't know." The American economy seems to be recovering on a fairly solid basis: slow, but I don't see any particularly obvious instability in it. The European debt crisis has not been resolved, but at the moment immediate fires have been dampened. I am disturbed about the tendency – which is partly true in the US, but much more true in some parts of Europe – of too much austerity. When we have a condition of deficient demand – massive unemployment – I think the idea that you have to stimulate the economy through government spending or some other good way – tax decreases – is pretty clear. We could be recovering faster from our problems in the US, but we don't have the extremes of Great Britain or France. So I'm a little worried that this recovery will be slower than it needs to be."


Read the full interview at




16th Annual International Conference on Economics and Security June 21 — 22, 2012, Cairo, Egypt.


The American University in Cairo is honored to host the 16th Annual International Conference on Economics and Security. The conference aims to provide an opportunity for defense and peace economists from around the world to share ideas and discuss future developments in the following areas:

  • Security in the Balkan region
  • European security
  • Economics of security
  • Globalization and the restructuring of the MIC
  • Militarism and development
  • Security sector reform
  • Economics of conflict and war
  • Economics of post-conflict reconstruction
  • Economics of arms procurement, trade and offsets
  • Arms races and alliances
  • Peace science
  • Conversion and demilitarization
  • Economics of terrorism
  • Technology and civil security
  • Disaster management and civil security

For more information about the conference, see


Registration information is available at




EPS Netherlands/Belgium affiliate has launched its new website.

The EPS European portal is evolving with more European affiliate websites coming soon.


The Dutch-Flemish Affiliation of Economists for Peace and Security (EPS NL/FL) is a cooperation of Dutch and Flemish economists. It was founded in 1990 by Nobel Prize Laureate in economics Jan Tinbergen.


EPS NL/FL emphasizes the relationships between economy and peace in the conviction that knowledge of these relationships and the desire to act accordingly are essential conditions for sustainable peace.


EPS is part of a global community of experts on the economics of military affairs, research and policy institutes, grass-roots and grass-tops activists, and working groups on peace and security policy. Among them are Nobel Prize Laureates in economics Kenneth Arrow, Lawrence Klein, Amartya Sen, Robert Solow and Joseph Stiglitz.


Visit the new EPS Netherlands/Belgium website:




EPS raised $65 last year with GoodSearch. The more you use GoodSearch, the more money you can raise for EPS, just by searching the internet or shopping online - at no cost to you. With every search you do, EPS receives a penny; when everyone uses it, the pennies add up.


To start using GoodSearch, go to




Don't forget EPS is on Facebook. Become a fan and keep up with our latest activities and upcoming events.


Become a fan of EPS at




EPS now has a group page on LinkedIn. If this is your preferred social network, check in with us.


Keep up with EPS at




In Other News 


Barack Obama: Use Former War Budget to Boost US Economy

US president kicks off election campaign by declaring that US should move focus from foreign wars to domestic growth -, May 5, 2012


"Barack Obama has declared that his goal of defeating al-Qaida is within reach and that the withdrawal of US forces from Afghanistan would free up money to help rebuild the US economy.


"The US president said... that it was time to focus on domestic concerns, such as helping the middle class who have been squeezed by the economic downturn.


"Four days after he visited Afghanistan, Obama said that money saved from ending wars should be used to reduce the country's debt and to boost healthcare, education and infrastructure."



Read the full article here:




Call for submissions: Environmental/Public Policy


Conflict Resolution Quarterly publishes scholarship on relationships between theory, research, and practice in the conflict management and dispute resolution field to promote more effective professional applications. Conflict Resolution Quarterly is sponsored by the Association for Conflict Resolution.


Articles may focus on any aspect of the conflict resolution process or context, but a primary focus is the behavior, role and impact of third parties in effectively handling conflict at all levels, from the interpersonal to the international. All theoretical and methodological orientations are welcome.


Submissions received by July 1, 2012 will be considered for a Colloquy edition of CRQ focusing on Environmental/Public Policy issues. Submissions received after this date will be considered for publication outside of this Colloquy.


For more information on this call for submissions, see





Call for papers


There is a dramatic rise across the world in cross-border, transnational corporation-driven and foreign government-driven, large-scale land deals. Such "land grabs" revolve around the production and sale of food and biofuels, conservation and mining activities. Understanding the social, economic and political consequences is an important challenge.


As a follow-up to the highly successful International Conference on Global Land Grabbing held in 2011 at Institute of Development Studies (IDS), University of Sussex, Brighton, UK, the Land Deal Politics Initiative (LDPI) is organizing a second international academic conference to be held October 17—19, 2012 at the Africana Studies Center at Cornell University, Ithaca, NY, and have just announced a call for papers.


The organizers invite papers that offer rigorous and innovative analysis based on recent, original field research. Doctoral students and younger researchers, particularly from the global South, are especially encouraged to participate. The deadline for submission of abstracts to landpolitics(at) is May 31, 2012.


Information about submission requirements can be found at







Rediscovering Government
A New Roosevelt Institute Innitiative 

On Wednesday, March 28, the Roosevelt Institute launched a new, flagship initiative on the role and purpose of government, with a successful and engaging daylong conference. Among the speakers were Nobel laureate and EPS Trustee Joseph Stiglitz and New York Attorney General Eric Schneiderman. 

The conference was only the beginning, however; the conversation continues on the initiative's website, which includes a blog, a library of related work, and video, as well as other resources. It also continues in a series on New Deal 2.0 exploring how to better value government in America, with posts from Madrick, Richard Kirsch, Sabeel Rahman, and others.


To find out more about the Roosevelt Institute's new nnitiative, visit the new website:




Homeland Security Degree

Case on Terrorism


"Since the attacks on the World Trade Center buildings on September 11, 2001, the word terrorism has gone from a rarely heard expression to a part of everyday lexicon. After September 11, America declared a War on Terror, but acts of terror continued to rise. In fact, some reports show the monthly average terrorism incidents increased by 167% after the World Trade Center attacks of 2001. With terrorism becoming such a constant in the news and a concern in everyday life, it is important for everyone to have an understanding of what truly constitutes a terrorist act."



Learn more when you visit




Funding & Employment Opportunities 


SIPRI launches international search for new Director


Stockholm International Peace Research Institute, SIPRI, is a leading international institute with staff drawn from around the world, dedicated to independent research into conflict, security, armaments, arms control and disarmament. SIPRI consistently ranks as one of the world's top think tanks, based on the reliability of its data, analysis, consultations and recommendations, which are all highly valued by policymakers, practitioners, experts and the media.


Based in Stockholm, Sweden, and established in 1966, SIPRI has in recent years considerably expanded its staff, budget and overseas presence while building a dynamic research and outreach agenda to illuminate and respond to the fast-changing international security order. SIPRI also has research staff based in Beijing and Washington DC, and well-established, on-the-ground partnerships and operational networks across the globe.


As the current director’s successful tenure draws to a close, SIPRI seeks a successor to lead this world-renowned institute.

We seek candidates with:

  • Strategic vision, global perspective, intellectual energy, and a commitment to SIPRI’s values as an international, independent, impartial and empirically authoritative research institution
  • World-class leadership, managerial and fundraising skills, who thrives in a dynamic, open and intercultural environment
  • Strong record of accomplishment and representational abilities working with international diplomatic, academic, media and philanthropic stakeholders
  • High professional standing in the fields of international security and foreign affairs

For full details on this position, go to




The Global Fund for Women seeks a visionary and creative Vice President (VP) of Programs, San Francisco


The Global Fund for Women seeks a visionary and creative Vice President (VP) of Programs to lead its programmatic and grantmaking efforts. The VP of Programs is a member of the Executive Team, which is comprised of the Chief Executive Officer, Chief Financial Officer, VP of Communications, VP of Development, and VP of Programs. S/he will work closely with the Executive Team and the Board of Directors, and will lead, manage, and mentor a program team of 18 staff located in San Francisco. This position will demonstrate the strategic vision enabling the organization to advance and implement international programmatic activities, and work with the Program Directors to effectively manage the daily operations of the Program staff in order to achieve the organization’s strategic goals. The VP of Programs will report to the CEO on matters of strategy, on ways to advance the global programmatic mission, and on issues pertaining to day-to-day management, operations, and administration of the Program team.


For more details on the position or to apply, see




Five internship openings at UNOY Peacebuilders in The Hague


The United Network of Young Peacebuilders (UNOY – pronounced 'You Know Why") is a global network of young people and youth organizations committed to establishing peaceful societies. Young people constitute half of the world’s population, and UNOY strongly believes in their importance in society. It is UNOY's aim to provide youth with the necessary means to contribute to peace.


They are currently accepting applications for the following internship positions:


Africa Training Officer

Communication Office

Project Officer

Advocacy Officer

Network Officer



To find more information about the different positions and how to apply, go to




EPS Publications


EPS Quarterly, March 2012 — The Economics of Regime Change Issue


This issue contains summaries of the proceedings from the Economics of Regime Change session at the January 2012ASSA/AEA annual meeting in Chicago, Illinois.


Table of contents

  • Local Foundations for Strong Democracy
    Roger Myerson
  • Who Profited from the Iraq War?
    Linda Bilmes
  • The Economics of Arab Spring: A view from Egypt
    Hamid Ali
  • Women in Transitions
    Jennifer Olmstead
  • Report from the South American Spring
    Mark Weisbrot

Read this issue of EPS Quarterly at


Audio recordings from the session are at




The Economics of Peace and Security Journal Vol. 7, No. 1 — On Algeria, airlines and the onset of peace

January 2012


This issue contains articles on Algeria, the global airline industry, the duration of war and the onset of peace, and the final installment of their trilogy on the Austrian school's views on war and peace.



The onset of peace

Ron Smith and Ali Tasiran


Natural resources and military
expenditure: the case of Algeria

Sam Perlo-Freeman and Jennifer Brauner


Terrorism, war, and global air traffic

Jurgen Brauer and J. Paul Dunne


War and the Austrian School: Modern Aus-
trian economists take on aggressive wars

William L. Anderson, Scott A. Kjar,
and James D. Yohe


The Journal is a peer-reviewed online publication hosted by EPS-UK. Published twice yearly, it raises and debates all issues related to the political economy of personal, communal, national, international, and global peace and security. Previous contributors include Joseph Stiglitz, James Galbraith, and Lawrence Klein. The Journal’s website also features book reviews submitted by members and subscribers.

EPS members receive a 25% discount on the annual subscription to the Economics of Peace and Security Journal. A regular one-year subscription is $32; for EPS members, it's only $24! Non-subscribers can access the abstracts and contents pages.

For more information about the Journal or to subscribe:

To become a member of EPS (and to qualify for the subscription discount):


Learn more about this issue or subscribe to EPSJ by visiting




EPS Quarterly, December 2011 — Pressures on the Paradigm Issue


This issue contains summaries of the proceedings from the Pressures on the Paradigm session at the January 2011ASSA/AEA annual meeting in Denver Colorado, as well as articles from James K. Galbraith, Paul Cantor and Joseph E. Stiglitz. 


Table of contents

  • From Tunisia to Wall Street: The Globalization of Protest
    Joseph E. Stiglitz
  • Session Articles:
    William K. Black

    L. Randall Wray
    Marshall Auerback
    Jan Kregel
  • Closing Remarks
    James K. Galbraith
  • The Myths of the Market
    Paul Cantor
  • Europe on the Brink
    James K. Galbraith

Read this issue of EPS Quarterly at


Audio recordings from the session are available at




 Action Corner


Help end US taxpayer-financed human trafficking 

Project On Government Oversight supports anti-trafficking legislation


"Imagine being in a war zone, confined to a dank, filthy, windowless warehouse for months. You’re cut off from communicating with your family and friends back home and unable to leave because your passport has been taken away by a company that had promised you a high-paying job working for a US contractor.

"It’s modern-day slavery and it’s a fate that thousands of foreign workers have found themselves in during our decade of wars in Iraq and Afghanistan. What makes it even more outrageous is that it has gone on under the nose, and sometimes with the knowledge of, the US government. It’s time we end human trafficking financed by US taxpayers.


"The proposed legislation that Congress will consider (perhaps as soon as this week) contains many of the recommendations that POGO made to a House subcommittee—chaired by Rep. James Lankford (R-OK), who has introduced legislation in the House—in the fall to bolster the laws and regulations currently governing trafficking. The reforms would hold contractors and subcontractors and the government officials who write them checks accountable. It also calls for contractors to develop monitoring plans and includes harsh penalties for those companies that do business with human traffickers."

Write your Member of Congress today in support of this legislation:





Get the word out on the topics that matter most to you! The ACLU has a tool that helps write and send letters to local papers. With such a letter, you can help bring your message not only to your neighbors but directly to the offices of your Members of Congress, where staffers and our lawmakers themselves follow opinions from home with an especially watchful eye.

For a list of media outlets by state, with tips on how to write a letter in your own words plus talking points for the listed topics, see 9o8t91.app20a.




Do you have a foreign policy alternative that should be heard in the halls of government?  Citizens for Global Solutions provides an easy-to-use tool to find the foreign policy staffer for your Member of Congress.


To access the Foreign Policy Staffer Locator, go to




If you would like to post an EPS flyer on a departmental bulletin board or similar venue, please contact Thea Harvey at




Upcoming Events 

  • June 16 — July 14, 2012 The 2012 Bologna Italy Symposium on Conflict Prevention, Resolution & Reconciliation will be hosted by The International Peace and Security Institute in cooperation with Johns Hopkins University Paul H. Nitze School of Advanced International Studies (SAIS). The Symposium will bring together the globe’s brightest young minds from top graduate institutions, NGOs, international organizations, grassroots peace movements, and the armed services. Over a four-week period, from June 16 through July 14, participants will undergo intensive training by the field’s premier political leaders, academic experts, practitioners, and advocates in the practical skills necessary to foster peace and security in their communities and the world.

    To learn more or to apply for the Symposium, visit
  • June 18 — 20, 2012 Take Back The American Dream Conference 2012,to be held in Washington DC, will be tackling some pressing questions:
    • How do we compel candidates to embrace a jobs agenda big enough to end our economic crisis?
    • How can we stop unlimited corporate campaign cash from buying this election?
    • How many progressive champions can we help win in congressional, state and local races?
    • How will we take back our democracy—to Take Back the American Dream?

For more details or to register for the conference, see

  • June 21 — 22, 2012  The sixteenth International Conference on Economics and Security will be held in Cairo, Egypt, hosted by Economists for Peace and Security (Egypt), and the American University in Cairo.

    A timeline for the conference is available at

    For more details contact
    Hamid E. Ali
  • June 25 — 27, 2012  The 12th Jan Tinbergen European Peace Science Conference, and annual meeting of NEPS, will be held at the DIW Berlin, Department of Development and Security, Mohrenstr. 58, 10117 Berlin, Germany.

    Details about the conference can be found here:
  • June 29 — July 3, 2012  The 87th annual Western Economics Association International conference will be held in San Francisco, California at the Hilton San Francisco Union Square.

    Find out more and/or register for the WEAI conference at
  • July 21 — August 18, 2012 The Hague Symposium on Post-Conflict Transitions & International Justice will be hosted by The International Peace and Security Institute in partnership with the Clingendael Institute of International Relations. The Symposium will be held in The Netherlands, and will bring together 60—80 of the world’s brightest young minds from top law schools, graduate institutions, international organizations, judiciaries, grassroots justice movements, and the military. Over a four-week period, participants will undergo intensive training from the field’s premier political leaders, academic experts, practitioners, and advocates in the skills necessary to holistically restructure a society after the cessation of violent conflict and/or authoritarian rule, as well as bring those responsible for human rights violations to justice. Participants will gain a broad understanding of this emerging field, including concepts, controversies, and institutions, as well as critically examine the historical and contemporary uses of different justice interventions through direct interactions with the actual decision makers. 

    For more information or to apply for the symposium, see to
  • Ocotber 19 — 20, 2012 Conflict Studies Conference: The New Generation of Ideas, Ninth Biennial Graduate Student Conference organized by the UMass Boston Graduate Programs in Conflict Resolution, Conflict Studies.

    The New Generation of Ideas brings together graduate students from a variety of fields to present their work and share ideas. Since 1996, graduate students and recent graduates from universities across the United States, Canada, and numerous other countries have gathered in Boston for this biennial event.

    Full details on the event are available here:




How Can I Help? 


Become a member of EPS. Your annual membership entitles you to discounts on publications, invitations to events, our informative newsletters, and more. Most importantly, by joining us you help to ensure that reasoned perspectives on essential economic issues continue to be heard. Membership dues and other donations are fully tax-deductible.


To become a member, go to




Join us on Facebook and LinkedIn.


Sign up for GoodSearch. EPS gets a penny every time you use it for an online search, at no cost to you.




 Visit our website at

Donate at