September 2017


EPS News

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



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
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



Second Annual Summer School: War, Reconstruction and Establishment of Peace from the Roots of War to the Establishment of a Lasting Peace
September 18 - 22, 2017 Tirana, Albania

The European Center for Peace Science, Integration and Cooperation and the Catholic University "Our Lady of the Good Council" organize the Summer School "War, reconstruction and establishment of peace: from the roots of war to the establishment of a lasting peace", co-sponsored by EPS. The Summer School aims to provide an international group of students and graduates the scientific pillars on the roots of war, peace and peace building issues. In line with the tradition of the Science of Peace, the interdisciplinary program involves disciplines such as economics, political science, international relations and history. The Summer School has been designed for students and graduates with a strong interest in the Peace Study and who are willing to pursue advanced university studies or future professionals in the field of international relations and peace building. In order to foster a fruitful and open dialogue with teachers, a small group of students will be selected. 

More information available here



In case you missed it: Recent EPS Events

Seminar on Transatlantic Defense Partnership

The seminar took place on Wednesday June 21st in Brussels at the Royal Military Academy (Brussels) and was organized by the Royal Military Academy and Economists for Peace and Security, with the support of Airbus. This seminar aimed to nurture transatlantic dialogue by crossing American and European perspectives to identify stakes, challenges and opportunities after the elections in major NATO countries in 2016 and 2017. 

21st Annual Conference on Economics and Security

The 21st Annual Conference on Economics and Security took place June 22 - 23, 2017 at the Royal Military Academy, Brussels.

This Conference was organized by Cind Du Bois (Royal Military Academy Brussels), Caroline Buts (VrijeUniversiteit Brussels) and Paul Dunne (University of Cape Town, EPS UK).
The conference aimed to provide an opportunity for economists, political scientists and others from around the world to share ideas and discuss future developments. 

More information available here



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

We are proud to announce the 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

UN agrees to toughest-ever sanctions against North Korea
By Carol Morello, Michelle Ye Hee Lee and Emily Rauhala, September 11, 2017 for The Washington Post

The UN Security Council on Monday agreed on its toughest-ever sanctions against North Korea that passed unanimously after the United States softened its initial demands to win support from China and Russia.

The sanctions set limits on North Korea’s oil imports and banned its textile exports in an effort to deprive the reclusive nation of the income it needs to maintain its nuclear and ballistic missile program and increase the pressure to negotiate a way out of punishing sanctions.

Read the full article here



The Cost of Hurricane Harvey: Only One Recent Storm Comes Close
By Kevin Quealy September 1, 2017 for The New York Times

It’s far too early for a definitive estimate of the economic damage caused by Hurricane Harvey. Floodwaters still swamp large swaths of the Houston area and beyond, into far eastern Texas and Louisiana.

But three independent estimates from people who specialize in disaster and risk management show that the storm is likely to be the most expensive or second-most expensive natural disaster in the United States since 1980, the earliest year such comparable data was kept by the National Centers for Environmental Information. On Friday, estimates for Harvey from these groups ranged from $70 billion to $108 billion.

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 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 !, 2018 to be considered for the conference.

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




Report: The Road to Zero Wealth, How the Racial Wealth Divide is Hollowing Out America's Middle Class
By Chuck Collins, Dedrick Asante-Muhammed, Emanuel Nieves, Josh Hoxie, September 11, 2017
 Institute for Policy Studies

In this report Institute for Policy Studies (IPS) looks at the racial wealth divide at the median over the next four and eight years, as well as to 2043, when the country’s population is predicted to become majority non-white. IPS also looks to wealth rather than income to reconsider what it means to be middle class. In finding an ever-accelerating gap, they consider what it means for the American middle class and IPS explores what policy interventions could reverse the trends we see today. IPS finds that without a serious change in course, the country is heading towards a racial and economic apartheid state.

Read the full report here



Book Review

A Sharing Economy: How Social Wealth Funds can Reduce Inequality and Help Balance the Books by Stewart Lansley
By The London School of Economics and Political Science, September 4, 2017

CEOs in the United Kingdom earn more than 180 times the wages of an average employee. In the six years following the worst economic recession in recent memory, the world’s top 100 companies almost doubled their market value to $16.2 trillion. These are the signs of a modern economy which not only encourages but is founded on socioeconomic inequality. Stewart Lansley’s book, A Sharing Economy: How Social Wealth Funds can Reduce Inequality and Help Balance the Books, is a timely exploration of the means of mounting a significant shift in the relations between capital, citizens and the state to improve the current capitalist model of political economy.

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 2, July 2017
The "Policy Challenges for the New US President" Issue

This issue is comprised of edited transcripts from a session organized by EPS at the  2017 ASSA/AEA Annual Meetings, held in Chicago, Illinois in January 2017.

Table of Contents

  • Jonathan Ostry
  • Presenters' Biographies
  • Robert Gordon
  • Anwar Shaikh
  • Gerald Friedman

Read the full issue here



The Economics of Peace and Security Journal, Volume 12, Number 1 (April 2017)

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!

Table of Contents

  • Against the Odds: The Evolution of the European Naval Shipbuilding Industry
    Renaud Bellais
  • The Restructuring of the European Land Armaments Industry: Between Political Incentives and Economic Pressures
    Adrien Caralp
  • The European Military Helicopter Industry: Trends and Perspectives
    Josselin Droff
  • The European Space Industrial Complex: New Myths, Old Realities
    Vasilis Zervos
  • The European Defense Market: Disruptive Innovation and Market Destabilization
    Renaud Bellais and Daniel Fiott
  • Global Perspectives on The European Arms Industries
    Richard Bitzinger, Aude Fleurant, Keith Hartley, William Hartung, Stefan Markowski, Yannick Queau, Robert Wylie
  • Incumbent Policy, Benefits Provision, and the Triggering and Spread of Revolutionary Uprisings
    Kjell Hausken and Mthuli N Cube

For more information about the Journal or to subscribe

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



Action Corner

We Oppose Military Action with North Korea

Tensions between the US and North Korea are reaching new heights, and the possibility for military conflict is growing. The US continues to avoid direct dialogue with North Korea, instead favoring sanctions and a strong-arm approach to bring North Korea to the table. At the same time, North Korea continues to progress its nuclear and missile capabilities. One small misstep by either side could ignite, in the words of General Joseph Dunford, Chairman of the Joint Chiefs of Staff, a loss of life unlike any we have experienced in our lifetimes.”

Join us, Contact Congress and the Trump administration and urge them to pursue diplomacy, not war, with North Korea.

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

  • September 18 - 19, 2017 Conflict Research Society Annual Conference 2017: Ending Violence in Turbulent Times: Exploring the Conflict, Peace and Violence Nexus will be hosted by the Changing Charachet of War programme at Pembroke College, University of Oxford.

    More information available here
  • 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
  • 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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Become a member here



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