October 2017


EPS News

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
1100 New York Ave, NW, Washington, DC 20005


Economists for Peace and Security will hold 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 will feature three panels of senior specialists who will present the elements of a program to address the most fundamental issues animating American political discourse.

Please join us for this important symposium.
The event is free. Pre-registration is requested.

Register here

12:30pm Registration

1:00pm Welcoming Remarks: Stephanie Kelton

1:15 – 2:00
Panel One – Mideast and Russia – Changing Security Environment

2:00 – 2:45
Representative Ro Khanna (D-CA)

2:45 – 3:30
Panel Two – Growth, Jobs, and the Next Crisis

3:30 – 4:15
Senator Bernie Sanders (I-VT)

4:15 – 5:00
Panel Three:  Future of Healthcare: Pros and Cons of Medicare for All

Register here

For further information contact Ellie Warren

For updates:
Follow us on Twitter @epsusa or like us on facebook



Festival for New Economic Thinking
Institute for New Economic Thinking October 19 - 20, 2017 Edinburgh, Scotland

The Festival for New Economic Thinking believes that society faces mounting challenges, yet our dominant economic models are out of touch. Around the world, new ideas, approaches, and concepts are being developed by disparate communities of thoughtful people.  The festival is designed to connect organizations and individuals committed to bringing forward the economic
thought of tomorrow.
EPS will be exploring the economic impacts of security policies, and the security impacts of economic policies with an informational stall and a panel discussion.  War and violent conflict disrupt the social and economic fabric of societies and interfere with the well-being of individuals; and economic policies and institutions can either prevent or mitigate violence or can contribute to it. We as professional economists believe that our discipline has a positive contribution to make to peace and human welfare. 

Panel Discussion, Thursday, October 19, 9:30am
Peace Economics: How Economics Can Contribute to Peace
Chaired by Thea Harvey-Barratt, Economists for Peace & Security

  • Sam Perlo-Freeman, World Peace Foundation, Tufts University
  • Ron P. Smith, Birkbeck, University of London

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

Economists for Peace & Security Annual Dinner
This year EPS will be honoring
James K. Galbraith
Saturday, January 6, 2018 6:30 - 10:00pm
Marriott Philadelphia Downtown

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:



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

Amazon will donate 0.5% of the price of your eligible AmazonSmile purchases to Economists for Peace and Security whenever you shop on AmazonSmile.
AmazonSmile is the same Amazon you know. Same products, same prices, same service. Support your charitable organization, start shopping with AmazonSmile.

Start using AmazonSmile to support EPS here

GoodSearch & GoodShop
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!

Start using GoodSearch here

Find out about GoodShop here



In Other News

Women's Reproductive And Workplace Rights Will Help the Economy
By Alice Pettway for AlterNet October 7, 2017

According to the International Monetary Fund, the GDP of the United States would increase by five percent if women's labor force participation were increased to match men's. Protecting women’s reproductive rights—from childcare to contraception access—is a necessary step in achieving that parity, says Anuradha Seth, UN Women policy adviser on women’s economic empowerment.

Read the full article here



Supreme Court Rules in Favor of Government Transparency Against Private Prison Corporations
October 10, 2017 Center for Constitutional Rights

The Supreme Court denied a petition by private prison corporations seeking to block the release of government documents about their immigration detention practices. In a case brought by the Center for Constitutional Rights (CCR) and Detention Watch Network (DWN), under the Freedom of Information Act (FOIA), a federal district court ruled in July 2016, that the government must release details of its contracts with private prison corporations. The government chose not to appeal; instead, the country’s two largest private prison corporations, GEO Group and Corrections Corporation of America (CCA), recently rebranded as “CoreCivic,” intervened to appeal the decision to the Second Circuit Court of Appeals, which dismissed their petition in February. GEO then petitioned the Supreme Court for a full review of the case, asking for the right to prevent the government from releasing information under the FOIA.

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




The Real Danger of Refusing to Certify the Iran Deal
John Glaser for The National Interest October 13, 2017

Scuttling the nuclear deal leaves America with less leverage than it had when it negotiated the JCPOA in the first place.

President Trump’s decision not to certify the Iran nuclear deal is reckless and dangerous. By all accounts—including that of the International Atomic Energy Agency (IAEA), America’s European allies, the US intelligence community and Trump’s national security team—Iran has complied with the restrictive terms of the Joint Comprehensive Plan of Action (JCPOA) and significantly rolled back its nuclear program, while subjecting itself to the most intrusive inspections regime in the world.

Undermining a successful nonproliferation agreement in this way isolates America, sows doubt about its credibility and trustworthiness, signals to other rogue regimes, like North Korea, the imperative of a nuclear deterrent, and worst of all, needlessly puts the United States and Iran back on the road to confrontation.

Read the full report here



Book Review

After Piketty: The Agenda for Economics and Inequality
edited by Heather Boushey, J. Bradford DeLong and Marshall Steinbaum

By The London School of Economics and Political Science, September 18, 2017

The thrust of After Piketty is not that Piketty got everything wrong in his analysis but that he missed a few important points, which this book highlights. After Piketty is split into five parts. The first discusses reception of Piketty’s Capital, and in the last section Piketty is given an opportunity to respond to the ideas discussed in the volume. The middle three sections, which form the core of the text, are ‘Conceptions of Capital’, ‘Dimensions of Inequality’ and ‘Political Economy of Capital and Capitalism’. The editors have done an astute job assembling chapters of such variety under these categories.

Read the full review here



Funding & Employment Opportunities

Assistant Professor in Global Studies: Conflict and Violence
University of California, Santa Barbara

The Department of Global Studies at the University of California, Santa Barbara seeks to appoint a tenure-track assistant professor whose work focuses on issues of global conflict and violence, beginning July 1, 2018. Apply by November 1, 2017 for primary consideration.

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

Raising America’s Pay   
An initiative of the Economic Policy Institute

Right now there is much debate over what to do about rising income inequality in America. These discussions too often miss that the key to shared prosperity is to foster wage growth. Pay of the vast majority of Americans has been stuck for decades, even though productivity and earnings at the top are escalating. Americans are working harder, more productively, and with more education than ever, but are treading water, as an enormous and ever-increasing share of income growth goes to corporate profits and executive pay. This is a solvable problem. It can be traced in no small part to policies that have allowed labor standards, business practices, and ideas of fairness to increasingly favor employers at the expense of workers.

That is why the Economic Policy Institute launched Raising America’s Pay, a multiyear research and public education initiative to make wage growth an urgent national policy priority. By explaining wage and benefit patterns—and the role of labor market policies and practices in suppressing pay—the initiative is identifying policies that will generate broad-based wage growth. This work is connecting with and supporting civic engagement and community organizing groups working on pay and job quality issues to support their campaigns. 

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

  • October 19 - 20, 2017 Festival for New Economic Thinking will be hosted at the Edinburgh Corn Exchange, Scotland. EPS will have an informational booth and host a panel on Peace Economics during the festival.

    More information available here
  • October 31, 2017 The 2017 Positive Peace Conference will be hosted by The Institute for Economics and Peace at Stanford University.

    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 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



How Can I Help?

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