November 2017


EPS News

cordially invites you
to join us
 in honoring

James K. Galbraith
Saturday,  January 6, 2018
Reception at 6:30pm
Dinner at 7:30pm
 Marriott Philadelphia Downtown


More information available here



EPS at The ASSA/AEA Annual Meetings
January 5 - 7, 2018 Philadelphia, Pennsylvania

EPS will be organizing two panel sessions as well as hosting our annual dinner at this years ASSA/AEA Annual Meetings.

Panel Sessions:

Are Trump Administration Policies Improving International Security?
Saturday, January 6, 2018 12:30 - 2:15 pm
Marriott Philadelphia Downtown, Meeting Room 306

Chair: Kathleen Stephansen

  • Linda Bilmes, Harvard University
    US Security budget 
  • Jennifer Olmsted, Drew University
  • Sam Perlo-Freeman, World Peace Foundation
    Transatlantic relationships
  • David Firestein, East West Institute
    Transpacific relationships

Are Trump Administration Policies Improving Domestic Security?
Sunday, January 7, 2018 1:00 - 3:00 pm
Marriott Philadelphia Downtown, Independence Ballroom I

Chair: Stephanie Kelton, State University of New York-Stony Brook

  • James Galbraith, University of Texas at Austin
    Growth/Secular stagnation
  • Sandy Darity, Duke University
    Racial and Ethnic Inequality
  • Pavlina Tcherneva, Bard College
    Job Security
  • Teresa Ghilarducci, The New School for Social Research
    Retirement Security

More Information as it becomes available can be found here



The 22nd Annual International Conference on Economics and Security

The 22nd annual international conference on economics and security will be held at the Middle East Technical University, Northern Cyprus Campus in Kalkanlı.

This Conference is organized by Ali Cevat Taşıran (Middle East Technical University NCC), and Paul Dunne (University of Cape Town).

The conference aims to provide an opportunity for economists, political scientists and others from around the world to share ideas and discuss the future developments in the following areas: 
•       Regional security
•       Economics of security
•       Corruption and military spending  
•       Globalisation and the restructuring of the MIC
•       Militarism and development
•       Security sector reform
•       Economics of conflict and war
•       Post-conflict reconstruction
•       Economics of the arms trade
•       Procurement and offsets 
•       Arms races and alliances
•       Peace economics and peace science
•       Conversion and demilitarisation
•       Economics of terrorism

Offers of papers on related topics are also welcome.
Abstracts (up to 300 words) should be submitted before April 1, 2018 to be considered for the conference.

If you have any questions, please feel free to contact the conference organizers at:



In Case You Missed It

EPS Symposium, co-sponsored by the LBJ School of Public Affairs at the University of Texas at Austin: 
At the Turning Point: Economics, Security, and American Politics

With keynote address

Senator Bernie Sanders (I-VT)

and special remarks from
Representative Ro Khanna (D-CA)

November 13, 2017
The Partnership for Public Service Building
Washington, DC 


Economists for Peace and Security held its 10th annual policy Symposium in Washington DC on November 13, 2017, to discuss economics, and American politics as well as the economic dimensions of current critical security issues. The program featured three panels of senior specialists who presented the elements of a program to address the most fundamental issues animating American political discourse.

Welcoming Remarks: Stephanie Kelton and James K. Galbraith

Panel One – Mideast and Russia – Changing Security Environment

Special Remarks:
Representative Ro Khanna (D-CA)

Panel Two – Growth, Jobs, and the Next Crisis

Senator Bernie Sanders (I-VT)

Panel Three:  Future of Healthcare: Medicare for All?

Video is available here



Michael D. Intriligator Memorial Student Fund
Honoring a Lifetime of Service

We are now accepting nominations for the 2018 Michael D. Intriligator Memorial Student Fund.  This annual award will assist one promising graduate student in economics or a related field to attend our Annual International Conference on Economics and Security. The student will be invited to give a paper and be presented to the attendees in a plenary session. Travel expenses to the conference and registration fees will be covered.

We hope that you will join us in continuing to honor Michael D. Intriligator's legacy of dedication to the field of economics, the idea of peace, and the mentoring of the next generation, by donating to the Fund.

Donate to The Michael D. Intriligator Memorial Student Fund



Support EPS while shopping online

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Start using AmazonSmile to support EPS here

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The more you use GoodSearch and GoodShop, the more money is raised for EPS, just by searching the internet or shopping online — at no cost to you. Every time you search the web with GoodSearch, EPS receives a penny; when everyone uses it, the pennies add up. Shopping with GoodShop generates a percentage of your purchase for EPS. Check out the sites below, and start your shopping!

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Find out about GoodShop here



In Other News

Richest Americans Benefit Most from House’s Tax Cuts and Jobs Act
By Institute on Taxation and Economic Policy, November 6, 2017

Some might be tempted to believe that because income inequality is so great, the tax cuts might be simply proportionate to household income. One might wonder if the $460 average tax cut for the middle fifth of income-earners is fairly significant relative to their income level, and the average tax break of $64,720 for the richest one percent that year is simply proportionate to the income of that group. But that is not what the numbers show. Even when measured as a percentage of income, the richest one percent receive a larger average tax break in 2018 and 2027 than any other income group. 

Read the full article here



US restarts nuclear testing facility in Idaho after 23 years
By Keith Ridler for Associated Press, November 16, 2017

Federal officials have restarted an eastern Idaho nuclear fuel testing facility amid efforts to boost the nation's nuclear power generating capacity and possibly reduce concerns about nuclear power safety.

The US Department of Energy said the facility at the Idaho National Laboratory about 50 miles west of Idaho Falls began operating Tuesday for the first time since it went on standby status in 1994.

Read the full article here



Call for papers

18th Jan Tinbergen European Peace Science Conference that will be held at the University of Verona, Italy, on 18th – 20th June 2018.

The Jan Tinbergen Conference is interdisciplinary. Presentations are welcomed that address any issue relating to peace and security broadly defined. As in the past, the conference strives for a multi-disciplinary program comprising contributions with a wide range of theoretical and methodological approaches, including strictly theoretical work, game theory and formal modeling, statistical and econometric analysis, qualitative studies, and experiments.

Abstracts (150-250 words) with a tentative title submitted before January 31, 2018 will be considered for the conference.

More information available here




Do Foreign-Born Workers Cause Native-Born Workers to Move or Leave the Labor Force?
The Federal Reserve Bank of Cleveland, November 15, 2017

This Commentary discusses how the presence of foreign-born workers in a local labor market affects the decisions of native-born workers to leave the labor force or move to another state. We analyze short panels obtained through the Current Population Survey and find that, in the short run, less-educated native-born workers react to a larger stock of foreign-born workers by either moving to a different state or dropping out of the labor force. In terms of magnitude, the effect is small but not insignificant.

Read the full report here



Book Review

The Violence of Austerity
edited by Vickie Cooper and David Whyte
By The London School of Economics and Political Science, November 6, 2017

Milton Friedman used to say that you can’t have political freedom without economic freedom. Libertarians have taken up his saying as a mantra. There’s logic in it – taxes directly restrict your economic freedom and fund other government interventions – and rhetoric – it casts politics and government as dependent and redundant. But is it right?

Read the full review here



Funding & Employment Opportunities

Social and Economic Policy: Phd Economist
Abt Associates, Bethesda, Maryland, and Cambridge, Massachusetts

The Social and Economic Policy Division of Abt Associates conducts research and evaluation, including large-scale experiments, to help guide development of U.S. domestic policies and programs for a range of federal agencies, state and local agencies, and foundations. Our work spans a range of policy areas including housing, education, workforce development, income security, food assistance, unemployment, and disability policy. Our clients include the Departments of Housing and Urban Development, Education, Health and Human Services, Labor, Veterans Affairs, and Agriculture (Food and Nutrition Service), among others.

Full listing available here



EPS Publications

EPS Quarterly, Volume 29, Issue 3, September 2017
Transatlantic Defense Partnership at Stake?

This issue consists of edited transcripts of an event held Wednesday June 21, 2017 at the Royal Military Academy in Brussels, Belgium.

The conference sought to adress pressing alliance issues, and answer some of the following questions:

While NATO has regularly reaffirmed the need to increase military spending to contribute to the Alliance’s security, most countries face several budgetary constraints. Moreover political choices to come will be influenced by deep transformations in the political landscape on both shores of the Atlantic (Trump administration, general elections in France, the Netherlands, Germany…).

The end of ISAF posed a challenge for the future of NATO, since the alliance has to look for renewed goals and a reinforced pact of collective security. Despite several threats, notably from terrorist organizations, and a rising Russian power, it appears difficult to overcome tensions inside NATO that are amplified by a new political environment.

On which ground can we expect to reignite the transatlantic defense partnership? What can be the missions for NATO and other transatlantic initiatives after Afghanistan? How to increase the effectiveness of military spending while keeping fiscal pressure under control? The conference was co-hosted by EPS, the Royal Military Academy, and the Free University of Brussels. It was made possible by the support of Airbus.

Read the full issue here



The Economics of Peace and Security Journal, Volume 12, Number 2 (October 2017)

This issue contains five articles first presented at the Allied Social Sciences Association annual meetings in Chicago, IL, in January 2017 as part of a roundtable discussion on research and teaching in peace economics, organized by Economists for Peace and Security (USA). Shikha Silwal address the conjunction of peace and develpoment economics, using the topic of migration as one of her special examples. Charles H. Anderton speaks briefly about Walter Isard, an early and prominent proponent of peace economics, before delving into bargaining theory as a theoretical underpininning to explain both war and peace. Raul Caruso addresses peace economics and peaceful economic policies in light of the classic work of Kenneth BouldingJ. Paul Dunne develops an extensive essay on what peace economists have learned over the past 25 years or or, especially in regard to economic development issues. And Raymond Gilpin, while acknowledging the progress peace economics has made since Boulding and Isard, nonetheless challenges it to become more atuned to current issues and to become more applied and practical.

The Journal is a peer-reviewed online publication hosted by EPS. Published twice yearly, it raises and debates 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 50% discount on the annual subscription to the Economics of Peace and Security Journal. A regular one-year subscription is $50; for EPS members, it's only $25!

For more information about the Journal or to subscribe

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



Action Corner

As a Person Concerned About Inequality if You Would Like to Tell Your Member of Congress to Vote No on the New Tax Bill
Daily Kos

Republicans are touting their tax plan as a tax cut for the middle-class but the facts tell a different story. Their bill would result in massive tax breaks for the wealthy and corporations at the expense of the low- and middle- income families. 

Find out how to take action on this issue here



Do you have a foreign policy alternative that should be heard in the halls of government?

Citizens for Global Solutions Political Action Committee (Global Solutions PAC) works to elect federal candidates who support building effective democratic global institutions that will apply the rule of law while respecting the diversity and autonomy of national and local communities.

Learn more about Global Solutions PAC here

To access the email addresses, phone and fax numbers, or websites of your elected officials in Congress, enter your zip code here



Upcoming Events

  • January 5 - 7, 2018 The 2018 ASSA/AEA Annual Meetings will be held in Philadelphia, Pennsylvania.

    More information available here
  • January 11 - 14, 2018 The Western Economic Association International, 14th Annual International Conference will be hosted by the Newcastle Business School, University of Newcastle, Australia.

    More information available here
  • January 17 - 19, 2018 Fourteenth International Conference on Environmental, Cultural, Economic & Social Sustainability will be hosted by The Cairns Institute, James Cook University, Cairns, Australia

    More information available here
  • June 18 - 20, 2018 18th Jan Tinbergen European Peace Science Conference will be held at the University of Verona, Verona, Italy.

    Contact conference organizers for call for paper details here
  • June 26 - 30, 2018 93rd Annual Conference of the Western Economic Association International will be held at the Sheraton Wall Centre, Vancouver British Columbia, Canada.

    More information available here
  • June 27 - 29, 2018 22nd Annual International Conference on Economics and Security will be held at the Middle East Technical University, Northern Cyprus Campus in Kalkanlı.

    Contact conference organizers for call for paper details here



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