#NEWECON

PROGRAM 2017 SPONSORS:

MEDIA PARTNERS: Festival for New Economic Thinking

ORGANIZING COMMITTEE 1 SCHEDULE OF FESTIVAL 3 CORN EXCHANGE MAP 5 MAIN EXCHANGE MAP 7 PRE-FESTIVAL SESSIONS (WEDNESDAY) 9 HEADLINE PROGRAMMING 12 THURSDAY SESSIONS 13 FRIDAY SESSIONS 23 COLLABORATORS 31 YSI WORKING GROUPS 38 CREDITS AND THANK YOU 41 ORGANIZING COMMITTEE

e Young Scholars Initiative (YSI) is an international community comprised of students, young professionals, and researchers. YSI seeks to foster and support initiatives coming from young scholars who want to explore new approaches and build communities around new economic thinking.

Rethinking is an international network of students, academics,professionals and citizens building a better economics in our classrooms and society. rough a mixture of campaigning, events and engaging projects, Rethinking Economics connects people globally to discuss and enact the change needed for the future of economics.

Developed by the Network for Pluralist Economics (Netzwerk Plurale Ökonomik), Exploring Economics is an online platform that makes digital courses in economics available. Unlike most economics departments, Exploring Economics takes a pluralist approach, and provides course materials on a wide variety economic perspectives.

Launched by graduate students of the Levy Economics Institute in 2016, e Minskys make out-of-the-box economics accessible for all. Articles provide fresh perspectives on pressing economic issues, and break otherwise complicated concepts down. While the blog pays homage to late economist Hyman Minsky, its content moves beyond the scope of his work.

Developed by Gonçalo L. Fonseca, the History of Economic ought Website provides an insightful and informative historical perspective on economics, made available to students, researchers and the general public. e project had its beginning in 1998, but was revised and expanded in 2014. Rather than an encyclopedia or a textbook, the website can be thought of as a –link tank— – pointing readers to available resources on economic theory.

1 Festival for New Economic Thinking

WELCOME TO THE FESTIVAL FOR NEW ECONOMIC THINKING

Economics is at a turning point.

Society faces mounting challenges, yet our dominant economic models are out of touch. But around the world, new ideas, approaches, and concepts are being developed by disparate communities of thoughtful people.

The Festival for New Economic Thinking brings together organizations and individuals committed to moving forward economic thought for the future. As we celebrate the nuance and richness of the history of economic thought and the diversity of current economic thinking, these Festival days will provide fertile ground for us to inspire economic thinking for tomorrow.

We are thrilled to welcome you to Edinburgh and to the growing community of new economic thinkers.

-- The Festival Organizing Team

2 SCHEDULE OF FESTIVAL

PRE-FESTIVAL SCHEDULE WEDNESDAY, OCTOBER 18 9:30 10:00 10:30 11:00 11:30 12:00 12:30 13:00 13:30 14:00 14:30 15:00 15:30 16:00 16:30 17:00 17:30 18:00 18:30

BARON MINI COURSE: EPISTEMOLOGY BREAKDOWNS: FAKE KNOWLEDGE, FAKE NEWS (PHILIP MIROWSKI) CONT. EPISTEMOLOGY BREAKDOWNS YSI INNOVATION YSI URBAN AND REGIONAL ECON AND SUSTAINABILITY

NEW MARKET MINI COURSE: FOR THE 21ST CENTURY (STEVEN FAZZARI) CONT. KEYNESIAN ECONOMICS FOR THE 21ST CENTURY YSI DEVELOPMENT AND LATIN AMERICA YSI DEVELOPMENT AND LATIN AMERICA

BISTRO COTTAGE MINI COURSE: INDUSTRIAL POLICY AND POLITICS (THOMAS FERGUSON) YSI INEQUALITY YSI PHILOSOPHY

NEW MART MINI COURSE: ALTERNATIVE...... THEORIES OF DEVELOPMENT (ERIK S. REINERT) YSI FINANCIAL STABILITY YSI ECONOMIC HISTORY

BISTRO MINI COURSE: DISCOURSES ON FOREIGN TRADE (GONCALO FONESCA) CONT. DISCOURSES ON FOREIGN TRADE YSI SOUTH ASIA YSI COMPLEXITY

FESTIVAL DAY 1 THURSDAY, OCTOBER 19 9:30 10:00 10:30 11:00 11:30 12:00 12:30 13:00 13:30 14:00 14:30 15:00 15:30 16:00 16:30 17:00 17:30 18:00 18:30

BARON YSI COMPLEXITY RSA YSI COMPLEXITY KEYNOTE: THOMAS HERNDON IMK KEYNOTE: AKERLOF

NEW MARKET YSI ECONOMIC DEVELOPMENT YSI GENDER AND ECONOMICS YSI OF EUROPE YSI POLITICAL ECONOMY OF EUROPE ECLAC SUMMER SCHOOL

BISTRO COTTAGE YSI FINANCE, LAW AND ECON AND FINANCIAL STABILITY YSI SPECIAL SESSION CRYPTOCURRENCY YSI URBAN AND REGIONAL ECON AND SUSTAINABILITY YSI ECONOMIC DEVELOPMENT

NEW MART YSI ECONOMIC HISTORY RETHINKING ECONOMICS FILM: WHEN BUBBLES BURST FILM: PROJECT SYNDICATE FILM: YOURGREECONOMY

MEETING ROOM A ECONOMIST FOR PEACE AND SECURITY OECD ECONOMIA CIVILE YSI HISTORY OF ECONOMIC THOUGHT

MEETING ROOM B YSI BEHAVIOR AND SOCIETY IIPPE IIPPE YSI PHILOSOPHY YSI AFRICA INET OXFORD

MEETING ROOM C YSI STATES AND MARKETS YSI KEYNESIAN ECONOMICS YSI STATES AND MARKETS REBUILDING ECONOMICS YSI FINANCE, LAW AND ECONOMICS

MEETING ROOM D YSI DEVELOPMENT AND LATIN AMERICA ALLIANCE FOR SUSTAINABLE PROSPERITY FIELDS INSTITUTE

MEETING ROOM E RETHINKING ECONOMICS INDIA NETZWERK RE TORINO SUMAK KAWSAY ASSOCIATION FOR

WORKSHOP SPACE I RETHINKING ECONOMICS RE & NEON MOVING BEYOND RETHINKING ECONOMICS

WORKSHOP SPACE II OIKOS FINANCE WATCH YSI URBAN AND REGIONAL ECON AND SUSTAINABILITY RETHINKING ECONOMICS RETHINKING ECONOMICS YSI INEQUALITY

MEDIA STAGE YSI ECONOMIC HISTORY ECONOMIC ROCKSTAR PODCAST openDEMOCRACY

FESTIVAL DAY 2 FRIDAY, OCTOBER 20 9:30 10:00 10:30 11:00 11:30 12:00 12:30 13:00 13:30 14:00 14:30 15:00 15:30 16:00 16:30 17:00 17:30 18:00 18:30

BARON YSI INEQUALITY STOREP CONT. STOREP YSI GENDER AND ECONOMICS CLOSING PANEL

NEW MARKET YSI ECON DEV AND LATIN AMERICA YSI COMPLEXITY YSI DEVELOPMENT YSI STATES AND MARKETS YSI POLITICAL ECONOMY OF EUROPE

BISTRO COTTAGE PRIVATE SESSION: EUROPEAN CLIMATE FOUNDATION CONT. PRIVATE SESSION: EUROPEAN CLIMATE FOUNDATION

NEW MART RETHINKING ECONOMICS RETHINKING ECONOMICS YSI POLITICAL ECONOMY OF EUROPE FILM: CONCERNING VIOLENCE TAX JUSTICE NETWORK

MEETING ROOM A MODERN MONEY NETWORK WITTEN INSTITUTE & WINIR RETHINKING ECONOMICS RECLAIM OUR ECONOMY

MEETING ROOM B YSI BEHAVIOR AND SOCIETY CENTRAL EUROPEAN UNIVERSITY HUMBOLDT-VIADRINA NETZWERK PLURALE ÖKONOMIK CENTER FOR THE HISTORY OF POLITICAL ECONOMY

MEETING ROOM C YSI INNOVATION YSI KEYNESIAN ECONOMICS YSI URBAN AND REGIONAL ECON AND SUSTAINABILITY YSI SOUTH ASIA UNIVERSITY OF GREENWICH, GPERC RETHINKING ECONOMICS

MEETING ROOM D EPSRG LEEDS YSI PHILOSOPHY FINANCE WATCH YSI KEYNESIAN ECONOMICS INSTITUTE FOR COMPREHENSIVE ANALYSIS OF THE ECONOMY

MEETING ROOM E NETZWERK IIPPE IIPPE THE RESEARCH INSTITUTE FOR SOCIETAL DEVELOPMENT SERI RE LUGANO YSI INNOVATION INST. ECONOMICS & PEACE

WORKSHOP SPACE I RE NORWAY YSI INEQUALITY RETEACHING ECONOMICS UNCTAD YSI URBAN AND REGIONAL ECON AND SUSTAINABILITY

WORKSHOP SPACE II POSITIVE MONEY YSI FINANCE, LAW AND ECONOMICS PRIVATE DEBT PROJECT RETHINKING ECONOMICS NETZWERK PLURALE ÖKONOMIK

MEDIA STAGE openDEMOCRACY ECONOMICS IN THE REAR-VIEW MIRROR

3 e YSI History of Economic ought working group sessions will take place ursday & Friday at 9:30 by the History of Economic ought (Booth U). Festival for New Economic Thinking

PRE-FESTIVAL SCHEDULE WEDNESDAY, OCTOBER 18 9:30 10:00 10:30 11:00 11:30 12:00 12:30 13:00 13:30 14:00 14:30 15:00 15:30 16:00 16:30 17:00 17:30 18:00 18:30

BARON MINI COURSE: EPISTEMOLOGY BREAKDOWNS: FAKE KNOWLEDGE, FAKE NEWS (PHILIP MIROWSKI) CONT. EPISTEMOLOGY BREAKDOWNS YSI INNOVATION YSI URBAN AND REGIONAL ECON AND SUSTAINABILITY

NEW MARKET MINI COURSE: KEYNESIAN ECONOMICS FOR THE 21ST CENTURY (STEVEN FAZZARI) CONT. KEYNESIAN ECONOMICS FOR THE 21ST CENTURY YSI DEVELOPMENT AND LATIN AMERICA YSI DEVELOPMENT AND LATIN AMERICA

BISTRO COTTAGE MINI COURSE: INDUSTRIAL POLICY AND POLITICS (THOMAS FERGUSON) YSI INEQUALITY YSI PHILOSOPHY

NEW MART MINI COURSE: ALTERNATIVE...... THEORIES OF DEVELOPMENT (ERIK S. REINERT) YSI FINANCIAL STABILITY YSI ECONOMIC HISTORY

BISTRO MINI COURSE: DISCOURSES ON FOREIGN TRADE (GONCALO FONESCA) CONT. DISCOURSES ON FOREIGN TRADE YSI SOUTH ASIA YSI COMPLEXITY

FESTIVAL DAY 1 THURSDAY, OCTOBER 19 9:30 10:00 10:30 11:00 11:30 12:00 12:30 13:00 13:30 14:00 14:30 15:00 15:30 16:00 16:30 17:00 17:30 18:00 18:30

BARON YSI COMPLEXITY RSA YSI COMPLEXITY KEYNOTE: THOMAS HERNDON IMK KEYNOTE: AKERLOF

NEW MARKET YSI ECONOMIC DEVELOPMENT YSI GENDER AND ECONOMICS YSI POLITICAL ECONOMY OF EUROPE YSI POLITICAL ECONOMY OF EUROPE ECLAC SUMMER SCHOOL

BISTRO COTTAGE YSI FINANCE, LAW AND ECON AND FINANCIAL STABILITY YSI SPECIAL SESSION CRYPTOCURRENCY YSI URBAN AND REGIONAL ECON AND SUSTAINABILITY YSI ECONOMIC DEVELOPMENT

NEW MART YSI ECONOMIC HISTORY RETHINKING ECONOMICS FILM: WHEN BUBBLES BURST FILM: PROJECT SYNDICATE FILM: YOURGREECONOMY

MEETING ROOM A ECONOMIST FOR PEACE AND SECURITY OECD ECONOMIA CIVILE YSI HISTORY OF ECONOMIC THOUGHT

MEETING ROOM B YSI BEHAVIOR AND SOCIETY IIPPE IIPPE YSI PHILOSOPHY YSI AFRICA INET OXFORD

MEETING ROOM C YSI STATES AND MARKETS YSI KEYNESIAN ECONOMICS YSI STATES AND MARKETS REBUILDING ECONOMICS YSI FINANCE, LAW AND ECONOMICS

MEETING ROOM D YSI DEVELOPMENT AND LATIN AMERICA ALLIANCE FOR SUSTAINABLE PROSPERITY FIELDS INSTITUTE

MEETING ROOM E RETHINKING ECONOMICS INDIA NETZWERK RE TORINO SUMAK KAWSAY ASSOCIATION FOR HETERODOX ECONOMICS

WORKSHOP SPACE I RETHINKING ECONOMICS RE & NEON MOVING BEYOND NEOLIBERALISM RETHINKING ECONOMICS

WORKSHOP SPACE II OIKOS FINANCE WATCH YSI URBAN AND REGIONAL ECON AND SUSTAINABILITY RETHINKING ECONOMICS RETHINKING ECONOMICS YSI INEQUALITY

MEDIA STAGE YSI ECONOMIC HISTORY ECONOMIC ROCKSTAR PODCAST openDEMOCRACY

FESTIVAL DAY 2 FRIDAY, OCTOBER 20 9:30 10:00 10:30 11:00 11:30 12:00 12:30 13:00 13:30 14:00 14:30 15:00 15:30 16:00 16:30 17:00 17:30 18:00 18:30

BARON YSI INEQUALITY STOREP CONT. STOREP YSI GENDER AND ECONOMICS CLOSING PANEL

NEW MARKET YSI ECON DEV AND LATIN AMERICA YSI COMPLEXITY YSI DEVELOPMENT YSI STATES AND MARKETS YSI POLITICAL ECONOMY OF EUROPE

BISTRO COTTAGE PRIVATE SESSION: EUROPEAN CLIMATE FOUNDATION CONT. PRIVATE SESSION: EUROPEAN CLIMATE FOUNDATION

NEW MART RETHINKING ECONOMICS RETHINKING ECONOMICS YSI POLITICAL ECONOMY OF EUROPE FILM: CONCERNING VIOLENCE TAX JUSTICE NETWORK

MEETING ROOM A MODERN MONEY NETWORK WITTEN INSTITUTE & WINIR RETHINKING ECONOMICS RECLAIM OUR ECONOMY

MEETING ROOM B YSI BEHAVIOR AND SOCIETY CENTRAL EUROPEAN UNIVERSITY HUMBOLDT-VIADRINA NETZWERK PLURALE ÖKONOMIK CENTER FOR THE HISTORY OF POLITICAL ECONOMY

MEETING ROOM C YSI INNOVATION YSI KEYNESIAN ECONOMICS YSI URBAN AND REGIONAL ECON AND SUSTAINABILITY YSI SOUTH ASIA UNIVERSITY OF GREENWICH, GPERC RETHINKING ECONOMICS

MEETING ROOM D EPSRG LEEDS YSI PHILOSOPHY FINANCE WATCH YSI KEYNESIAN ECONOMICS INSTITUTE FOR COMPREHENSIVE ANALYSIS OF THE ECONOMY

MEETING ROOM E NETZWERK IIPPE IIPPE THE RESEARCH INSTITUTE FOR SOCIETAL DEVELOPMENT SERI RE LUGANO YSI INNOVATION INST. ECONOMICS & PEACE

WORKSHOP SPACE I RE NORWAY YSI INEQUALITY RETEACHING ECONOMICS UNCTAD YSI URBAN AND REGIONAL ECON AND SUSTAINABILITY

WORKSHOP SPACE II POSITIVE MONEY YSI FINANCE, LAW AND ECONOMICS PRIVATE DEBT PROJECT RETHINKING ECONOMICS NETZWERK PLURALE ÖKONOMIK

MEDIA STAGE openDEMOCRACY ECONOMICS IN THE REAR-VIEW MIRROR

e YSI History of Economic ought working group sessions will take place ursday & Friday at 9:30 by the History of Economic ought (Booth U). 4 5 CORN EXCHANGE MAP **LUNCH WILLBEOFFERED FORSALEHERE 12:00-14:00 DAILY

** **LUNCH WILLBEOFFERED FORSALEHERE 12:00-14:00 DAILY

** Festival for New Economic Thinking 6 MAIN EXCHANGE MAP

EDUCATION DEPARTMENTS BOOTH G Project Syndicate

STALL 1 Tallinn University of Technology BOOTH H Financial Times Alphaville

STALL 2 University of Leeds, Economics and Policy for Sustainability NGOs AND INTERGOVERNMENTAL INSTITUTIONS Research Group EXIT WOMENʼS WOMENʼS Research Association on Monetary Innovation and Community 4 5 13 14 I E STALL 3 City University of London STALL 19 W/C W/C and Complementary Currency Systems (RAMICS) MEETING ROOM D Association for the Promotion of Political Economy and the Law STALL 4 Alternative Economic and Monetary Systems (AEMS) STALL 20 3 6 12 15 (APPEAL)

STALL 5 Central European University STALL 21 Association for Heterodox Economics 2 7 11 C D STALL 6 Witten Institute for Institutional Change STALL 22 Economists for Peace and Security MENʼS 1 8 10 MEETING MENʼS W/C ROOM C W/C STALL 7 University of Greenwich STALL 23 Modern Money Network B F 9 STALL 8 SOAS University of London STALL 24 Reteaching Economics A G H MEDIA INFO STAGE - Glasgow Economic Forum STALL 9 STALL 25 Exploring Economics (civil service network) WOMENʼS - Aberdeen Political Economy Group W/C MAIN INET BOOTH (T) STALL 10 Centre for the Understanding of Sustainable Prosperity (CUSP) STALL 26 Sustainable Europe Research Institute ENTRANCE 16 17 18

STALL 11 ˆe Fields Institute for Research in Mathematical Sciences BOOTH I International Initiative for Promoting Political Economy (IIPPE)

United Nations Economic Commission for Latin America MEETING BOOTH A BOOTH J Club of Rome and the Caribbean (ECLAC) WORKSHOP LOUNGE AREA ROOM B SPACE II (COFFEE STAND) ˆe Human Capital and Economic Opportunity Global BOOTH B BOOTH K Oikos Working Group (HCEO)

STUDENT GROUPS BOOTH L Social Enterprise Scotland 19 20 N

STALL 12 Rethinking Economics India BOOTH M Private Debt Project O J K STALL 13 Rethinking Economics Torino BOOTH N UNCTAD HISTORY OF ECONOMIC THOUGHT - HET (U) MEETING L M STALL 14 Rethinking Economics Lugano BOOTH O Positive Money ROOM A P

World Interdisciplinary Network for Institutional Research STALL 15 Rethinking Economics Norway BOOTH P (WINIR) Q R MAIN BOOTH C Rethinking Economics BOOTH Q Finance Watch ( ) ENTRANCE YSI BOOTH S

BOOTH D PEPS-Economie BOOTH R COREECON 21 23 25 BOOTH E - Netzwerk Plurale Ökonomik - Exploring Economics INET AND YOUNG SCHOLARS INITIATIVE AUGMENTED WOMENʼS ( ) W/C REALITY V 22 24 26 MEDIA AND BLOGGERS BOOTH S Young Scholars Initiative (YSI) WORKSHOP SPACE I STALL 16 ˆe Minskys BOOTH T Institute for New Economic ˆinking (INET) MEETING ROOM E MENʼS BALCONY STALL 17 Economics in the Rear-View Mirror EXHIBITION SPACES W/C EXIT EXIT STALL 18 Developing Economics BOOTH U History of Economic ˆought

BOOTH F openDemocracy BOOTH V Augmented Reality

7 Festival for New Economic Thinking

EDUCATION DEPARTMENTS BOOTH G Project Syndicate

STALL 1 Tallinn University of Technology BOOTH H Financial Times Alphaville

STALL 2 University of Leeds, Economics and Policy for Sustainability NGOs AND INTERGOVERNMENTAL INSTITUTIONS Research Group EXIT WOMENʼS WOMENʼS Research Association on Monetary Innovation and Community 4 5 13 14 I E STALL 3 City University of London STALL 19 W/C W/C and Complementary Currency Systems (RAMICS) MEETING ROOM D Association for the Promotion of Political Economy and the Law STALL 4 Alternative Economic and Monetary Systems (AEMS) STALL 20 3 6 12 15 (APPEAL)

STALL 5 Central European University STALL 21 Association for Heterodox Economics 2 7 11 C D STALL 6 Witten Institute for Institutional Change STALL 22 Economists for Peace and Security MENʼS 1 8 10 MEETING MENʼS W/C ROOM C W/C STALL 7 University of Greenwich STALL 23 Modern Money Network B F 9 STALL 8 SOAS University of London STALL 24 Reteaching Economics A G H MEDIA INFO STAGE - Glasgow Economic Forum STALL 9 STALL 25 Exploring Economics (civil service network) WOMENʼS - Aberdeen Political Economy Group W/C MAIN INET BOOTH (T) STALL 10 Centre for the Understanding of Sustainable Prosperity (CUSP) STALL 26 Sustainable Europe Research Institute ENTRANCE 16 17 18

STALL 11 ˆe Fields Institute for Research in Mathematical Sciences BOOTH I International Initiative for Promoting Political Economy (IIPPE)

United Nations Economic Commission for Latin America MEETING BOOTH A BOOTH J Club of Rome and the Caribbean (ECLAC) WORKSHOP LOUNGE AREA ROOM B SPACE II (COFFEE STAND) ˆe Human Capital and Economic Opportunity Global BOOTH B BOOTH K Oikos Working Group (HCEO)

STUDENT GROUPS BOOTH L Social Enterprise Scotland 19 20 N

STALL 12 Rethinking Economics India BOOTH M Private Debt Project O J K STALL 13 Rethinking Economics Torino BOOTH N UNCTAD HISTORY OF ECONOMIC THOUGHT - HET (U) MEETING L M STALL 14 Rethinking Economics Lugano BOOTH O Positive Money ROOM A P

World Interdisciplinary Network for Institutional Research STALL 15 Rethinking Economics Norway BOOTH P (WINIR) Q R MAIN BOOTH C Rethinking Economics BOOTH Q Finance Watch ( ) ENTRANCE YSI BOOTH S

BOOTH D PEPS-Economie BOOTH R COREECON 21 23 25 BOOTH E - Netzwerk Plurale Ökonomik - Exploring Economics INET AND YOUNG SCHOLARS INITIATIVE AUGMENTED WOMENʼS ( ) W/C REALITY V 22 24 26 MEDIA AND BLOGGERS BOOTH S Young Scholars Initiative (YSI) WORKSHOP SPACE I STALL 16 ˆe Minskys BOOTH T Institute for New Economic ˆinking (INET) MEETING ROOM E MENʼS BALCONY STALL 17 Economics in the Rear-View Mirror EXHIBITION SPACES W/C EXIT EXIT STALL 18 Developing Economics BOOTH U History of Economic ˆought

BOOTH F openDemocracy BOOTH V Augmented Reality

8 WEDNESDAY, OCTOBER 18, 2017 (PRE-FESTIVAL SCHEDULE)

Room Time Room Time simultaneously. But the suspicion of foreign BARON 9:30 - 15:30 BISTRO COTTAGE 9:30 - 15:30 trade did not go away with the publication of the Wealth of Nations.

MINI COURSE 1: EPISTEMOLOGY MINI COURSE 3: INDUSTRIAL In this course, we will look at trade theory BREAKDOWNS: INFORMATION POLICY AND POLITICS from a historical perspective. We shall examine the evolution of ideas about ECONOMICS, FAKE KNOWLEDGE, Speaker(s): Thomas Ferguson trade, as well as how changing economic FAKE NEWS circumstances informed their development, Economics and economic history are now and how these ideas translated into policy. We shall cover trade from its earliest reaches, Speaker: Philip Mirowski awash in works purporting to relate politics to economics and vice versa. Many are im- its passage via the Mercantilist era, through plausible on their face and some are down- Liberal and Nationalist interpretations in the After Brexit and Trump, it has become right embarrassing. 19th Century, into 20th Century models of commonplace to assert we live in a ‘post- trade and development. truth era’. Without dealing in grand This course considers how to do the meta-narratives that postmodernists had job better. The approach is not highly As it turns out, the cases for and against insisted don’t exist, clearly something theoretical, but mostly practical. At times trade are subtle. In this course we shall it will almost resemble a cookbook and, examine what economists have had to say is happening in economics and politics perforce, it will have to move fast over a about the gains from trade, the costs of trade, with regard to ‘public epistemology’. In lot of ground. Questions we will consider institutions and policies and the link between this course, we approach this question include: Firstly, how to think about the trade and long-run growth and development. from a number of directions: (1) the problem in general, with a stylized glance at Prior familiarity with trade theory is not a role of neoliberalism in the history of some of the literature. Then brief discussion prerequisite, and shall be built up as we go. microeconomics, and the notion of the of models that hardly ever work, like median voter and approaches. Then we market as superior information processor; take up how to analyze industrial structures (2) the recent promulgation of such and relate them to political parties and Room Time convictions by means of social media and state decisions. Here the approach is very NEW MART 13:00 - 15:30 online developments, with consequent down to earth: Where do you get data and deformations of images of ‘truth’; and (3) how to test it, including how to get out of MINI COURSE 5: ALTERNATIVE the development of platform capitalism econometric holes you have dug yourself into. We will briefly look at some cases, as a business model, and its ongoing re- THEORIES OF DEVELOPMENT including the American New Deal, the Nazi engineering of science. Contrary to those seizure of power, and some recent American Speaker(s): Erik Reinert who insist there is nothing new under the presidential elections. sun, we will suggest that, far from being These lectures provide alternative a reprise of old-fashioned propaganda perspectives on the theory and history of in politics, there is indeed an alternative Room Time economic development. The dominant political epistemology in the 21st century BISTRO 9:30 - 15:30 canon of New has taking shape that draws strength from a proven to be only a partial explanation of ‘market epistemology’ which has assumed MINI COURSE 4: DISCOURSES ON disparities in income across space and new forms in the recent past. time. Power conflict, diverse institutions FOREIGN TRADE: TRADE AND and structuralism are brought to bear as DEVELOPMENT IN THE HISTORY more complete explanations. Room Time OF ECONOMIC THOUGHT The history of Development Economics NEW MARKET 9:30 - 15:30 is traced back to early Modern Europe in Speaker(s): Gonçalo Fonesca the Italian City States, where economic MINI COURSE 2: KEYNESIAN emulation, production of increasing Economic nationalism has returned. returns activities and technology are ECONOMICS FOR THE 21ST CENTURY International trade is once again under the centre of economic change and Speaker(s): Steven Fazzari suspicion in the public square. Economists development. The lectures explore how and other experts, nurtured on the doctrine of this old tradition was applied in Western These lectures present a perspective comparative advantage, have been surprised. Europe, the US and Chinese and Indian on macroeconomics with the primary Many have attributed the current turn Development thinking. Thus, the lectures towards trade restrictions to a temporary explore the theories and approaches, objective of understanding the dramatic madness, confident that if the general public events of recent decades, events that were which, over a prolonged period of time, were informed of the truths of economics, have existed as viable alternatives to today’s entirely unforeseen from the perspective they would realize that liberalization of trade mainstream and neoclassical tenets. of mainstream macroeconomics as is the best policy. Statistics of the bestselling economics taught in most graduate programs. But is this what economics really says? books, measured by the number of editions, Throughout these three lectures, we will is provided as an indicator of influence. discuss the research process that led to The case for free trade is one of the oldest We look at critical development issues: the development of these ideas along in economics - indeed, it is hard to think of Premature de-industrialization, Development with thoughts about issues that provide one without the other. The great Scottish and the Environment, Globalization and opportunities for further research. philosopher Adam Smith gave birth to both Development; among others. 9 WEDNESDAY, OCTOBER 18, 2017 (PRE-FESTIVAL SCHEDULE) Festival for New Economic Thinking

Room Time Room Time Room Time BARON 15:30 - 17:30 BISTRO COTTAGE 15:30 - 17:30 BISTRO 15:30 - 17:30 INNOVATION AT THE FRONTIER: INEQUALITY OF ENDOWMENTS/ THE POLITICAL ECONOMY OF SOUTH SUSTAINABILITY AND INEQUALITY, ECONOMICS AND ASIA : EXPLORING COMPETITION, ENTERPRENEURSHIP POLITICS WELFARE AND LEGISLATION

YSI ECONOMICS OF INNOVATION WORKING GROUP YSI INEQUALITY WORKING GROUP (PAGE 40) YSI SOUTH ASIA WORKING GROUP (PAGE 39) (PAGE 39) Ashley Orr: Izza Aftab and Ahmed Chaudhary: Effects of Partial Universal Basic Income: Is political competition the key to reduce Emre Gömec: Alaska Permanent Fund’s Dividend poverty in Pakistan? Innovation and Financialization of Enterprise: The Case of Two European Marco Ranaldi: Arora Ghazal: Dual-Polarization Box and European Regimes Role of Labour Legislations on Construction Technology Giants NOKIA and Ericsson Workers in India: Case for Informality, Segmentation and Exploitation Glen Gostlow: Maria DiGeorge: Movements against Economic Inequality Nikita Dhingra: The Price of Nature: Common Ecosystem under Twenty-First Century Capitalism Risk Factors and the Financial System Political Economy of the Land Acquisition Law in India: The Interplay of Efficiency and Justice Tahnee Ooms: Brendan Markey-Towler: The role of capital incomes on overall Afreen Faridi: A core for New Economic Thinking: On the inequality Determining the Efficacy Of Child Labour theory of substitutability Legislation In India: Embedding Values Of Mark Paul: States And Makets Into The Work Practices Of The Impact of a Carbon Tax on Inequality in the Bakkarwal Tribe in Jammu and Kashmir Johannes Kleinhempel: the United States Regional social capital and the Carter Vance: entrepreneurial process Brenda Denise Dorpalen: “Food Security” versus Cash Transfers: Disentangling women´s participation Comparative Analysis of Social Security in research and its relation to economic Approaches in India and Brazil development Neha Bailwal: Rodrigo Gorga: Caste Discrimination in Provision of Party ideology and policies where corruption is Schooling in India widespread: evidence from local governments

Woody Wong Espejo: Income inequality in metropolitan Lima Room Time BARON 17:30 - 19:00

Room Time TOPICS IN URBANIZATION AND NEW MART 15:30 - 17:30 Room Time REGIONAL DISPARITIES NEW MARKET 15:30 - 17:30 YSI URBAN AND REGIONAL ECONOMICS AND GLOBAL LIQUIDITY SUSTAINABILITY WORKING GROUPS (PAGE 40)

UNDERDEVELOPMENT AND YSI FINANCIAL STABILITY WORKING GROUP (PAGE 39) Samir Djelti: ECONOMIC STRUCTURE Migration and the Evolution of the Social Robert Sweeney: Profile and the Urbanisation of Cities Financialisation and the transformation of YSI ECONOMIC DEVELOPMENT AND LATIN AMERICA banking reconsidered Kishorekumar Suryaprakash: WORKING GROUPS (PAGE 39 & 40) An Analysis of Socio-Spatial Dialetic in Peri- Hamid Raza: Urban Chennai Leandro Bona: Crisis and capital controls in small open Underdevelopment and Wealth: Economic economies: a Stock-Flow Consistent (SFC) Chijioke J. Evoh: approach Fostering Food Security and Climate Change Surplus in Argentina Adaptation in Urban Africa: Transformative Devika Dutt: Policy and Sustainability Agenda. Pablo Astudillo: The Costs of Foreign Exchange Intervention Oil Boom and Structural Change in Julius Probst: Ecuador: A Long Lasting Resource Curse? Christian Resch: The emergence of Zipf’s law in Sweden A new infrastructure for the market, central Teófilo de Paula: Haroldo Montagu: counterparty, supervision and resilient A model of regional growth-rate differences A New Phase of Deindustrialization in market-based finance with empirical application for the Brazilian case Latin America Seheon Lee: Ivan Rajic: Global Financial System as a Stratified The role of oligopolies in creating regional Santiago Jose Gahn: Network & the Role of Financial development disparities and the limitations of Normal Capacity Utilization in Latin Derivatives: Based on the Case of Derivative modern regional development policies: a case America: A Post-Keynesian Approach Markets in Korea study of the UK 10 WEDNESDAY, OCTOBER 18, 2017 (PRE-FESTIVAL SCHEDULE)

Room Time Room Time NEW MARKET 17:30 - 19:00 BISTRO 17:30 - 19:00 FINANCE AND INTEGRATION: COMPLEX DYNAMICS

GLOBAL & REGIONAL CHALLENGES YSI COMPLEXITY WORKING GROUP (PAGE 39) YSI LATIN AMERICA WORKING AND ECONOMIC DEVELOPMENT GROUP (PAGE 39 & 40) Doug McLeod: Modelling short term equilibrium and long Ahmet Benlialper: term change in a natural way Central Banking in Developing Countries after the Crisis: The Role of Global Ruben Staffa: Constraints Heterogeneity in Consumption Responses Leonardo Peñaloza: Access to credit, technological innovation and Yuki Asano: global integration of Argentine companies Social Learning in an Agent-Based Ramsey-Cass-Koopmans Model Juan Matias: The shadow banking money in China Ilker Aslantepe: Convex and non-convex adaption as Hasan Comert: From Trillemma to Dilemma: Post‐Bretton diversification and specialization in the Woods World theory of markets

Room Time BISTRO COTTAGE 17:30 - 19:00 A BIGGER PICTURE YSI PHILOSOPHY OF ECONOMICS WORKING GROUP (PAGE 40)

Melissa Vergara Fernández: What do philosophical theories say about model failure?

Mads Vestergaard: Pieces in the Puzzle: Economics in time of multiple crises

Joris Tieleman: Thinking like an economist? A Quantitative Analysis of Bachelor Curricula in the Netherlands

Room Time NEW MART 17:30 - 19:00

VALUE AND INNOVATION IN ECONOMIC HISTORY YSI ECONOMIC HISTORY WORKING GROUP (PAGE 39)

Elizabeth Wiedenheft: Bodies as Inalienable Commodities: A Marxist Interpretation of the Valuation Processes of Medieval Relics

Bill Andreas: A German-German comparison of innovation concepts during the cold war

Matthew Lavallee: When Skill Mattered: Reexamining the Role of Labor before the 11 Festival for New Economic Thinking

HEADLINE PROGRAMMING (BARON)

WELCOME Thursday 14:00 - 14:10 Speakers: Hannah Dewhirst, Gustav Theile, Thomas Vass Moderator: Regina Kolbe

WHEN ECONOMICS GOES VIRAL Thursday 14:10 - 15:00 Speaker: Thomas Herndon Moderator: Jay Pocklington While writing a term paper as a graduate student, Thomas Herndon found a critical spreadsheet error in a paper by Harvard economists Carmen Reinhart and Kenneth Rogoff, which was widely used in policy debates to justify austerity measures. Herndon quickly found himself in the middle of a media storm, he was selected as a leading global thinker of 2013 by Foreign Policy and was interviewed in the Colbert Report. Herndon will tell us about his experience and what you do when your research goes viral.

IDENTITY ECONOMICS Thursday 18:00 - 19:00 Speaker: George Akerlof In conversation with Rob Johnson Introduction by: Iva Parvanova and Gustav Theile George Akerlof explains how our conception of who we are and who we want to be may shape our economic lives more than any other factor, affecting how hard we work, and how we learn, spend, and save. Identity economics is a new way to understand people’s decisions--at work, at school, and at home. With it, we can better appreciate why incentives like stock options work or don’t; why some schools succeed and others don’t; why some cities and towns don’t invest in their futures--and much, much more.Identity Economics bridges a critical gap in the social sciences. It brings identity and norms to economics. People’s notions of what is proper, and what is forbidden, and for whom, are fundamental to how hard they work, and how they learn, spend, and save. Thus people’s identity--their conception of who they are, and of who they choose to be--may be the most important factor affecting their economic lives. And the limits placed by society on people’s identity can also be crucial determinants of their economic well-being.

WHY NEW ECONOMIC THINKING? Friday 18:00 - 19:00 Panel: Yuan Yang, Joe Earle, Perry Mehrling, Robert Johnson Moderator: Thomas Vass Each of the panelists have contributed to the efforts to rejuvenate and inspire the economics discipline, from campaigning for curriculum reform to building new branches of research. We will discuss which role economists can and must play to address the mounting challenges our societies are faced with and how we can build and sustain a vibrant environment for critical and constructive thought going forward. 12 THURSDAY, OCTOBER 19, 2017

Room Time Elizabeth Asenova: Room Time BARON 9:30 - 11:30 Basel IV – what are the next steps in the EXCHANGE ROOM B 9:30 - 11:00 banking regulatory maze? NETWORKS AND FINANCE IN , NOW! Mohammed Bakoush: COMPLEXITY Macroprudential stress tests of financial YSI BEHAVIOR AND SOCIETY WORKING GROUP methods (PAGE 39) YSI COMPLEXITY WORKING GROUP (PAGE 39) Leigh Caldwell: Lea Steininger: Vilimir Yordanov: A Consistent Behavioural Model of Optimal Financial Portfolios via Reciprocity in bank regulatory reforms Individual, Firm and Society and income inequality Majorization: The Static Case Philip Newall: Gambling Advertising Complexity Adilson Giovanini: Martina Jasova: The contribution of meritocracy to Central bank’s liquidity and the bank Silvio Ravaioli: economic complexity lending channel Intergenerational Dilemma and Climate Change: An Experimental Approach

Shiuli Vanaja: Room Time Room Time Behavioral patterns around household NEW MARKET 9:30 - 11:00 NEW MART 9:30 - 11:00 drinking water choice: A field experiment in Jharkhand, India

FINANCE AND DEVELOPMENT CRISES AND COOPERATION IN THE Eren Yildirim: A Critical Review of The Notion of Hope in YSI ECONOMIC DEVELOPMENT WORKING GROUP HISTORY OF CAPITALISM Economics (PAGE 39) YSI ECONOMIC HISTORY WORKING GROUP (PAGE 39) Francesca Lipari: This is how we do: how social norm and Thereza Balliester Reis: diachronic social identity shape decision Why are Policy Real Interest Rates so high in Alain Naef: making under risk Brazil? An Analysis of the Determinants of the The Gold Pool (1961-1968) and the fall of Central Bank of Brazil’s Real Interest Rates Bretton Woods. Lessons for central bank cooperation Room Time Santosh Das: EXCHANGE ROOM C 9:30 - 11:00 Financial Aspects of Industrial Manleen Kaur: Development: An Exploration of the The Global Crisis and Financial Policy state of Industrial Finance in the Era of Trends in Late Colonial India POLITICAL ECONOMY AND THE Financial Liberalization in India CONCEPT OF NATIONAL STATE Scott Miller: Rachel Ganly: Uncertainty and Growth: How Volatility, YSI STATES AND MARKETS WORKING GROUP (PAGE 40) New Donor Development Finance: Aid Instability, and Economic Crisis Fueled the Mentor(s): Sheila Dow from the UAE to Pakistan Rise of American Capitalism Martín Gonilski: Sujith Jayasooriya: From Political Economy to National Integration of Trade, Capital Flows and Economics at the early 20th century. Keynes’ Foreign Direct Investment on Economic Room Time work on money as a case study EXCHANGE ROOM A 9:30 - 11:00 Growth of South Asia. Pilar Piqué: Political Economy and Nationalism. About PEACE ECONOMICS: HOW Adam Smith´s late interest in national Ethics Room Time ECONOMICS CAN CONTRIBUTE TO J Christopher Proctor: BISTRO COTTAGE 9:30 - 11:30 Legal Institutionalism and a New Transition BUILDING PEACE Economics

BANKING REGULATION ECONOMISTS FOR PEACE AND SECURITY (PAGE 32) Speaker(s): Samuel Perlo-Freeman, Ron YSI FINANCE, LAW & ECONOMICS AND FINANCIAL Room Time Smith &Thea Harvey-Barratt STABILTIY WORKING GROUPS (PAGE 39) EXCHANGE ROOM E 9:30 - 11:00 Mentor(s): Ed Kane & Perry Mehrling War and violent conflict disrupt the social and economic fabric of societies and BREAKING DOWN THE DOUGHNUT Yuri Biondi: interfere with the well-being of individuals; Banking, money and credit: A systemic and economic policies and institutions RETHINKING ECONOMICS INDIA (PAGE 35) perspective can either prevent or mitigate violence or Speaker(s): Ramya Bommareddy can contribute to it. We as professional Roxana Vatanparast: economists believe that our discipline has The Rethinking Economics Indian National The “soft law” approach of the Basel accords & a positive contribution to make to peace Network is the only chapter of the parent the need for inclusion of developing economies and human welfare. organisation Rethinking Economics in India. 13 Festival for New Economic Thinking

Booth U Time Room Time Room Time HISTORY OF ECONOMIC THOUGHT 9:30 - 11:00 NEW MARKET 11:00 - 12:30 EXCHANGE ROOM C 11:00 - 12:30 HISTORY OF ECONOMIC THOUGHT GENDER AND ECONOMICS – MONEY, CREDIT AND FINANCIAL YSI HISTORY OF ECONOMIC THOUGHT WORKING INTRODUCTION TO THE WORKING INSTABILITY GROUP (PAGE 39) GROUP YSI KEYNESIAN ECONOMICS WORKING GROUP (PAGE 40) YSI GENDER AND ECONOMICS WORKING GROUP (PAGE 39) The quotes are from the young scholars’ primary Sascha Bützer: material that embody the essence of their research The End of the Road? (Monetary) Policy project. In other words, the quote gave them Get informed about the Gender and Economics Working Group. The coordinators will present Options for the Euro Area a ‘nugget’ that got them to grasp an important the work that has been done this year, and part of the narrative. The young scholars will discuss future projects with you. Jimena Castillo: discuss what role the quote plays in their research, The distinctiveness of financialisation and what potential impact it had or has on our processes Global North vs Global South knowledge of the discipline of economics and the . They will answer questions Room Time Guney Duzcay: such as how does their quote illuminate their NEW MART 11:00 - 12:30 Credit creation in developing countries in a research question(s)?; what impact do they think Post-Keynesian Framework the meaning (or even misreading or ignorance) of their quote has had on the relevant discipline, RE NETWORK SKILLSHARE: Bianca Orsi: public opinion and/or policymaking?; and does LEARNING FROM THE NETHERLANDS A Post-Keynesian Approach to the Role of it apply to the contemporary political and socio- Peripheral Currencies in the International economic climate?; If so, how? RETHINKING ECONOMICS (PAGE 35) Monetary System Speaker(s): Joris Tieleman & Sam de Muijnck Rob Smith: Rethinking Economics Netherlands Financial & Macro Determinants of Household Room Time recently completed a comparative analysis Debt: Evidence from 10 OECD countries WORKSHOP SPACE I 9:30 - 11:00 of all economic bachelor curricula in the Netherlands. In this session, they will discuss their methodology, the larger strategy behind 10 YEARS AFTER THE CRASH: it, why they chose this approach, what worked well and what didn’t. Let’s learn from INTERNATIONAL PLANNING SESSION their experiences, successes - and failures!

RETHINKING ECONOMICS (PAGE 35) Speaker(s): Henry Leveson-Gower Room Time EXCHANGE ROOM A 11:00 - 12:30 10yearsafterthecrash.com is a project run by Promoting Economic Pluralism (PEP) which uses key anniversaries from the 2008 HELP THE OECD WRITE THE NEW Room Time financial crisis to highlight how economic EXCHANGE ROOM D 11:00 - 12:30 thought, policy, regulation and education NARRATIVE has failed to learn from past mistakes. Come OECD (PAGE 34) LATIN AMERICAN ECONOMIC along to find out more and help grow this Speaker(s): Patrick Love movement internationally. CHALLENGES We asked experts what was wrong with the OECD’s methods and advice. The YSI LATIN AMERICA WORKING & ECONOMIC views of around 20 of them (financiers DEVELOPMENT WORKING GROUPS (PAGE 39 & 40) Room Time managing billions of dollars, Nobel prize- WORKSHOP SPACE II 9:30 - 11:00 winning economists, social and political scientists…) are presented in our Report Beatriz Calzada Olvera: ‘Towards a New Narrative’. Now we’d like Balanced and Unbalanced Trade in Latin DIVERSIFYING THE ECONOMIC to hear what you think! America: A Network Analysis TOOLKIT Rafael Cattan: Fiscal policy and economic growth: a SVAR OIKOS (PAGE 34) Room Time approach to Brazil EXCHANGE ROOM B 11:00 - 11:45 Speaker(s): J.Christopher Proctor Peter Andreas Nielsen: A Balance Sheet Approach to the Effects of This workshop will introduce participants TEACHING POLITICAL ECONOMY: Mexican Bank Foreignisation to the world of “economic pluralism”—the CHALLENGES AND SOLUTIONS idea that economics students should be Pablo Calderon Martinez: taught a wide range of economic ideas and IIPPE (PAGE 34) The Success of Failure? NAFTA’s Democratic Record in Mexico theories—by highlighting key insights from Speaker(s): Kevin Deane a number of different economic schools of Kevin has a PhD from SOAS and is a Marcos Vinicius Chiliatto-Leite: thought and showing participants how these Lecturer in Economics at the University Constrained integration in Latin America: diverse theories can be applied to real world of Northamption. He will talk about his old and new problems of underdevelopment economic issues. experiences in teaching political economy. at the beginning of the 21st century 14 THURSDAY, OCTOBER 19, 2017

Room Time Room Time Room Time EXCHANGE ROOM E 11:00 - 11:45 MEDIA STAGE 11:00 - 12:30 EXCHANGE ROOM E 11:45 - 12:30 EXPLORING HUMAN ACTION FOR A PRESENTATION ON THE THREE (AND A HALF) BIG IDEAS PLURALIST ECONOMICS GUIDED BY ARCHIVES PORTAL EUROPE RETHINKING ECONOMICS TORINO (PAGE 36) Speaker(s): J.Christopher Proctor THE THOUGHT OF HANNAH ARENDT YSI ECONOMIC HISTORY WORKING GROUP (PAGE 39) NETZWERK PLURALE ÖKONOMIK (PAGE 34) Speaker(s): Marta Musso RE Torino has some big plans! We’re working Speaker(s): Stella Loth on developing an online platform for The Archives Portal Europe provides economics students to publish their work, Part I: How can we act effectively together? access to information on archival material are planning to run a big survey of Italian Sharpen your understanding of daily from different European countries as well economics students, and are hoping to use organisation and activities in different social as information on archival institutions text mining software to analyze economics and political contexts, e.g. in the growing throughout the continent. textbooks. community of pluralist economists on a local, national and international scale. The workshop contains a short input about Hannah Arendt’s Come hear about these ideas and help us make them a reality! political thought as a possibility to organise our Room Time acting, followed by the opportunity to adopt BARON 11:30 - 12:30 basic terms of how to explain human action. The core of this session is the reflection of your own Room Time experiences in getting engaged in small groups A CITIZENS’ ECONOMY BARON 12:30 - 13:30 and to develop new approaches for future activities. No previous knowledge is needed. RSA (PAGE 36) Speaker(s): Reema Patel COMPLEX DYNAMICS II

Room Time Emerging findings from the RSA Citizens’ YSI COMPLEXITY ECONOMICS WORKING GROUP WORKSHOP SPACE I 11:00 - 12:30 Economic Council have highlighted some (PAGE 39) important questions. Join us to discuss: How do our economic institutions need to change Jose A. Coronado: FRAMING THE ECONOMY to be more receptive of citizen voice? How Price dynamics and Maxwellian Demons: A RETHINKING ECONOMICS & THE NEW ECONOMY do we encourage people to act as citizens Hidden Markov Model for market prices ORGANISERS NETWORK (NEON) (PAGE 34 & 35) instead of consumers? How do methods of communication need to change to bridge the Speaker(s): Yuan Yang Oriol Vallès Codina: gap between the two, enabling more active Economic Production as Autocatalytic How do the images that we use to describe and effective citizenship? Networks: a Classical Approach to the economy affect our politics and our ideas Complexity Economics of what is economically possible? Room Time Framing the Economy: is a two year project BISTRO COTTAGE 11:30 - 13:00 to come up with a new story on the economy Room Time – based on how people across the UK think NEW MARKET 12:30 - 14:00 about the economy and how civil society THE FUTURE OF CRYPTOCURRENCY campaigners can use this understanding to better communicate. PUBLIC CHOICE YSI FINANCIAL STABILITY, FINANCE LAW AND ECONIMICS, ECONIMICS OF INNOVATION WORKING YSI POLITICAL ECONOMY OF EUROPE WORKING GROUPS (PAGE 39) GROUP (PAGE 40) Room Time WORKSHOP SPACE II 11:00 - 12:30 Izabella Kaminska (FT Alphaville) Jiangtian Xu: Perry Mehrling (Columbia University) Who Can Be the New Hegemon? Game FINANCE AND OTHER SOCIAL Rohan Gray (Modern Money Network) Theory Analysis on the EU-China Leadership Battle of International Regime ISSUES: A DOMINO EFFECT Making FINANCE WATCH (PAGE 33) Room Time Speaker(s): Giulia Porino EXCHANGE ROOM B 11:45 - 12:30 Robin Huguenot-Noel: ‘Invest to save’ across the EMU? The political Finance has a vital stake in the fates of others. economy of contractual ‘Reform and Yet, there is a gap between finance and CSOs. THE DUAL CHARACTER OF THE Investment Agreements’ (RIAs) As our world and economies evolve, we CAPITALIST MATRIX have an opportunity and a responsibility to Fabian Mushövel: reconsider how to fill this gap- to rethink IIPPE (PAGE 34) How uniform has austerity been? A political- the relationship between social goals and economic analysis of Troika programmes financial policy. We need to gain a mastery Speaker(s): Heesang Jeon of these interactions. Defining each link is imperative, if we are to convince every CSO Heesang has a PhD in Economics, and works Eugenio Dacrema: to extend its strategy to finance, and create as a software developer in London. He will talk Modeling the roots of populism: A dynamic palpable change. about the role of value theory in economics. perspective 15 Festival for New Economic Thinking

Room Time Room Time NEW MART 12:30 - 14:00 WORKSHOP SPACE I 12:30 - 13:30 FILM: WHEN BUBBLES BURST MOVING BEYOND NEOLIBERALISM REPORT Speaker(s): Erik Reinert Speaker(s): Laurie Laybourn-Langton & It is becoming increasingly difficult to Michael Jacobs protect ourselves from extreme financial The political economy of ‘neoliberalism’ has volatility. This feature documentary will been exposed as fatally flawed. This project examine the mechanics behind bubbles and mapped groups in Britain seeking to change crashes, and discuss trends and visions for the socioeconomic paradigm away from the future. Introduction and discussion with neoliberalism, and assessed this movement Erik S. Reinert. from an overall strategic perspective. We identified the need for more coordination, making recommendations for how this might be achieved. Room Time EXCHANGE ROOM B 12:30 - 14:00

Room Time METHODOLOGY & EPISTEMOLOGY WORKSHOP SPACE II 12:30 - 13:30 YSI PHILOSOPHY OF ECONOMICS WORKING GROUP (PAGE 40) TOPICS IN SUSTAINABILITY ECONOMICS Huguette Croisier: Modelling financial crises within DSGE: YSI URBAN AND REGIONAL ECONOMICS AND a genuine step forward? SUSTAINABILITY WORKING GROUPS (PAGE 40) Jens van ’t Klooster: Uncertainty, political representation and Peter Adjei-Bamfo: incremental abolition Accounting for the ‘baby steps’ in mainstreaming sustainable procurement in Alice Ngo: Ghana’s public sector Mixed-Method in Economic Research Holf Yuen, Micol Alexandria Chiesa & Karin Merle: The Corporate Green Bond Market: Room Time Exploring Heterogeneity in Supply EXCHANGE ROOM C 12:30 - 14:00 Determinants and Discipline THE UNHAPPY MARRIAGE OF Carlos De Los Rios: Resilience capacities and household well- ‘STATES AND MARKETS’: POLICY being: Evidence from a field experience in CONCERNS Guatemala

YSI STATES AND MARKETS WORKING GROUP (PAGE 40)

Ana Carolina Cordilha: Social policies in “Finance-Dominated” capitalism: redefining practices, goals, and outcomes

Ihasan Ercan Sadi: What can Erdogan’s Turkey tell us about “states” and “markets”?

Aqdas Afzal: Revisiting the Glorious Revolution: Property Rights, Economic Institutions and the Developing World

Magalí Brosio: he role of states: contributions to the debate 16 THURSDAY, OCTOBER 19, 2017 | 14:00 KEYNOTE ADDRESS

THOMAS HERNDON EXPOSED SPREADSHEET ERROR IN STUDY SUPPORTING AUSTERITY POLICIES

17 Festival for New Economic Thinking

Room Time Micaela Faccineti: Room Time BARON 15:00 - 16:30 Between the Popular Economy and the EXCHANGE ROOM B 15:00 - 16:30 Social and Solidarity Economy: a case study on China Muerta’s producers’ and craftmen’s OPTIMAL POLICY MIX IN TIMES OF fair, in Neuquén, Argentina AFRICA EMERGING LOW (OR NEGATIVE) INTEREST RATES YSI AFRICA WORKING GROUP (PAGE 39) Moritz Gallei: IMK (PAGE 34) Analysis of cross-sectoral cooperation in Ruvarashe Masocha: Speaker(s): Sebastian Watzka social farming in Germany Moritz Gallei A review of structural changes in developing countries case study: Zimbabwe’s investments trends in the steel industry. The optimal fiscal-monetary macroeconomic Natalia Quinonez: policy mix is discussed against the background Housing Cooperatives in the Historical Bryan Kauma: of very low (even negative) nominal interest Center of San Salvador: an alternative model New media: A game changer in gender rates. Other policy aspects covered are incomes for fighting urban decline and gentrification. development discourse? and exchange rate policies. Malancha Chakrabarty: Clara Lea Dallair-Fortier: China and African Development: A Study on Poverty in Appalachia and the Energetic three African countries Transition: A literature review on coal Room Time workers’ experiences of mine closure Dejene Mamo Bekana: NEW MARKET 15:00 - 17:00 Political Institutions, Human Capital and Innovation: Evidence from Sub Saharan Africa

GOVERNANCE Room Time Tamuka Charles Chirimambowa: NEW MART 15:00 - 16:30 The Colonial State, Capital and Class YSI POLITICAL ECONOMY OF EUROPE WORKING Formation in Southern Rhodesia: From Company Economy to Settlerism (1890-1979) GROUP (PAGE 40) FILM: AN OPINION THAT MOVES Joseph Kachim: The Bargaining Relationship between Dirk-Hinnerk Fischer: PROJECT SYNDICATE (PAGE 35) Centralbonds - an Alternative Way towards Multinational Corporations (MNCs) and African States: The Valco-Ghana Eurobonds Opinion that Moves: a collection of Experience, 1960-1980s interviews with some of the world’s leading Oleksandra Sokolenko: economists, conducted in various formats, Financial Integration & Eurozone Enlargement as well as topic-specific ‘explainer’ segments Room Time in which experts illuminate complex EXCHANGE ROOM C 15:00 - 16:30 Sebastian Diessner: issues for a global audience. Featuring Political economy of (European) central Kenneth Rogoff on Europe’s stalled single- bank capital currency project, Paola Subacchi on saving MONETARY MODELLING WITH the international economic order, Yanis MINSKY Stefano Merlo: Varoufakis on Brexit and negotiating with International Solidarity in the EMU the EU, Anatole Kaletsky on the economic REBUILDING ECONOMICS (PAGE 35) implications of Donald Trump’s presidency, Speaker(s): Steve Keen Mehdi Bary: and much more. The determinants of soverign credit risk in Everything you always wanted to know the eurozone: the role of market sentiment about complex systems but were too afraid to ask. And also a demonstration of a Minsky. Room Time EXCHANGE ROOM A 15:00 - 16:30 Room Time BISTRO COTTAGE 15:00 - 16:30 Room Time A DECALOGUE FOR (GOOD) EXCHANGE ROOM D 15:00 - 16:30 SUSTAINABILITY AND THE SOCIAL ECONOMICS INSPIRED GOVERNANCE: NEW SPHERE ECONOMIA CIVILE (PAGE 32) Speaker(s): Marcella Corsi ALLIANCES FOR WELLBEING YSI URBAN AND REGIONAL ECONOMICS AND ECONOMIES SUSTAINABILITY WORKING GROUPS (PAGE 40) Good economics must encompass history, economic theory and statistics, and ALLIANCE FOR SUSTAINABLE PROSPERITY (PAGE 31) Rafael Campos: therefore does not generally take the form Speaker(s): Lorenzo Fioramonti, Katherine Diffusion of sustainable practices in socio- of elegant formal models that are applicable Trebeck, Robert Costanza, Ida Kubiszewski ecological systems: analysis of Irrigation to all and everything. Theoretical models, & Kate Pickett Perimeter Gorutuba, Minas Gerais econometric and statistical analyses are What does policy making that puts wellbeing crystallisations which enable us to order and to the force entail? How can states, regions, Wiktor Łyzwinski: compare alternative developments and keep businesses and civil society work together to Urban Water-Related Spaces shifting us in touch with reality; but they shouldn’t be showcase new champions & share learning towards sustainability - based on the allowed to dominate discourse, which has to for continuous improvement? The time is comparative analysis of Warsaw and Ottawa make allowance for institutional factors and now to imagine and instigate a new alliance, Urban River Spaces dynamic developments. united by efforts to deliver wellbeing. 18 THURSDAY, OCTOBER 19, 2017

Room Time Room Time Room Time EXCHANGE ROOM E 15:00 - 16:30 MEDIA STAGE 15:00 - 16:30 NEW MART 16:30 - 18:00 SUMAK KAWSAY AND THE CONVERSATIONS WITH FILM: YOURGREECONOMY - DEVELOPMENT THEORIES ECONOMIC ROCKSTARS: USING A DOCUMENTARY ON YOUNG

SUMAK KAWSAY XAVERIAN UNIVERSITY (PAGE 36) A PODCAST TO EXPLORE NEW GREEKS’ ECONOMIC REALITIES Speaker(s): Juan Iregui, Santiago Camargo, & THINKING IN ECONOMICS YOURGREECONOMY (PAGE 37) David Caicedo Sarralde Speaker(s): Mathis Richtmann ECONOMIC ROCKSTAR (PAGE 32) The presentation will introduce the Sumak Speaker(s): Frank Conway This is a video project on economic realities Kawsay or “Well Living” alternative in Greece. Countering abstract economic approach to address development issues, What message are we sending out to students theory, we try to give models of austerity followed by a short comparison between the a human face and personal stories. The and avid readers of economic theory and resulting 40 minute documentary puts Well Living approach and other two critical practice? Economics can be confusing when together qualitative interviews that may offer approaches: Uneven Development and applied to the real world. Podcasting allows possibilities aside qualitative research. Economic Governance. the freedom to break away from the textbook, where conversations with economic rockstars reveal a new wave of thinking, understanding Room Time Room Time and application. EXCHANGE ROOM A 16:30 - 18:00 WORKSHOP SPACE I 15:00 - 16:30

Room Time NEGLECTED ASPECTS IN ADAM SMITH MENTAL HEALTH AND WELLBEING WORKSHOP SPACE II 15:45 - 16:30 YSI HISTORY OF ECONOMIC THOUGHT WORKING IN ECONOMICS - RESEARCH GROUP (PAGE 39) PROJECT KICKOFF THE START OF RE’s SCOTTISH HUB! From moral philosopher and conjectural historian to economist and back in 250 years RETHINKING ECONOMICS (PAGE 35) RETHINKING ECONOMICS (PAGE 35) of Smith exegesis Speaker(s): Dan O’Connor & Joe Earle Speaker(s): Rowan Mataram Jérôme Lange: Population Whilst discussions about mental health and To reflect, celebrate and strengthen the great wellbeing are thankfully beginning to enter activity of our Scottish groups we’d like to Ecem Okan: our society they still haven’t reached our take this opportunity to bring together our Progress and commercial society Economics. Come along to this intro session Scottish-based Rethinkers to share tips, Leo Steeds: for Rethinking Economics’ research project tricks and lessons from their campaigns and Land and ecology exploring how mental health and wellbeing explore opportunities for working together are conceptualised within economics, and in the future. the strengths and failings of mainstream neoclassical approaches. Room Time EXCHANGE ROOM B 16:30 - 18:00 Room Time BISTRO COTTAGE 16:30 - 18:00 Room Time POLICY-MAKERS AND SCIENTISTS WORKSHOP SPACE II 15:00 - 15:45 GLOBALISATION AND ITS CO-CREATE POLICIES WITH WEB- DISCONTENTS BASED POLICY SIMULATORS. RETHINKING ECONOMICS: AN INTRODUCTION TO PLURALIST YSI ECONOMIC DEVELOPMENT WORKING GROUP INET OXFORD (PAGE 34) (PAGE 39) Speaker(s): Davoud Taghawi-Nejad ECONOMICS’ BOOK LAUNCH Scientific policy advice is usually a paper Nitin Bisht: and a presentation. With this approach RETHINKING ECONOMICS (PAGE 35) Economic Freedom and Human Development: neither the full scientific knowledge is Speaker(s): J. Christopher Proctor, & A Linkage towards Economic Development. communicated to the policy maker, nor is Liliann Fischer the knowledge of the policy maker used by Julia Sakr-Tierney: the scientist. Often the right questions are Students around the world are demanding more Discourses of War: Hezbolla, the US not even asked. We propose instead that the from their curricula. This book represents a first Treasury and a War by other Means scientist builds interactive web-based policy simulators, which the policy makers can use step in introducing new and diverse ideas into to get an intuition of the problem, find their the static world of undergraduate economics. Sovna Mohantly: Globalization, Growth and Income own solutions and most importantly start Providing accessible introductions to nine a co-creative dialogue with the scientists. Distribution: A Sub-National Level Analysis different approaches including Feminist and During the dialogue the model is refined and policy solutions are jointly discovered. Behavioural and written by leading experts, this Gaston Caligaris: Reader forms an ambitious survey highlighting Capital Accumulation in Resource Rich We will illustrate this with a labour market the true diversity of economic thought. Countries: An Alternative Approach simulator and a simulator of educational policy. 19 Festival for New Economic Thinking

Room Time Room Time EXCHANGE ROOM C 16:30 - 18:00 WORKSHOP SPACE II 16:30 - 18:00 FINTECH AND CRYPTOCURRENCIES MIND MAP SESSION

YSI FINANCE, LAW AND ECONOMICS WORKING YSI INEQUALITY WORKING GROUP (PAGE 40) GROUP (PAGE 39) Participants will work together to map out Andrea Minto, Moritz Voelkerling, the field of inequality studies contributing & Melanie Wulff: with their current research or interests. This Separating apples from oranges: Identifying is a continuing project and will be visualised threats to financial stability originating from on the IWG website. FinTech

Baldeep Namas: Legal and policy considerations for FinTech Room Time market infrastructure MEDIA STAGE 16:30 - 18:00

Pedro Batista: Monetary sovereignty delusion: Legal DOES ECONOMICS HAVE A reasoning and financial monoculture DEMOCRATIC DEFICIT?

Luisa Scarcella: openDEMOCRACY (PAGE 34) The tax treatment of the exchange bitcoin- fiat currencies and vice versa Speaker(s): Laurie Macfarlane, John Christensen, Reema Patel, Maggie Matheus Vianna: Chapman & Katherine Trebeck Why is Bitcoin not money Economics affects everyone, but few people feel have any power over the economic decisions that affect their lives. Around Room Time the world democracies are often captured EXCHANGE ROOM D 16:30 - 18:00 by powerful financial interests. Should this be a concern for economists? If so, NEW ECONOMIC THINKING AT THE what alternatives are there to develop more democratic institutions and structures FIELDS INSTITUTE which re-distribute economic power? THE FIELDS INSTITUTE (PAGE 33) Speaker(s): Matheus Grasselli Room Time INET and the Fields Institute have been NEW MARKET 17:15 - 18:00 partners since 2013, when Fields hosted an INET-sponsored workshop on Mathematics for New Economic Thinking. In this THE ECLAC SUMMER SCHOOL: presentation we review the highlights of A WAY INTO LATIN AMERICAN this partnership, with a focus on dynamical systems, agent-based models, and network STRUCTURALISM theory applied to macroeconomics and financial stability. ECLAC (PAGE 37) Speaker(s): Antonio Martins Neto

Present the most relevant characteristics of Room Time EXCHANGE ROOM E 16:30 - 18:00 Latin American structuralism, followed by a brief presentation of ECLAC’s flagships, databases and the Summer School on Latin THE CONTINUING RELEVANCE OF American Economies. PLURALISM TO ECONOMICS

ASSOCIATION FOR HETERODOX ECONOMICS (PAGE 31) Speaker(s): Sheila Dow

The session will be a roundtable. Each speaker will talk briefly on one topic covering these four: pluralism in understanding banking and monetary policy, pluralism in teaching, pluralism in integrating thinkers from the global south, and some pitfalls of pluralism. 20 THURSDAY, OCTOBER 19, 2017 | 18:00 KEYNOTE ADDRESS

GEORGE AKERLOF 2001 NOBEL MEMORIAL PRIZE LAUREATE

21 Festival for New Economic Thinking

INDIGO YARD SOCIAL THURSDAY 19:00 - 23:30 ADDRESS: 7 CHARLOTTE LANE. SHUTTLES START AT 6:30.

22 FRIDAY, OCTOBER 20, 2017

Room Time Room Time Room Time BARON 9:30 - 11:00 BISTRO COTTAGE 9:30 - 18:00 EXCHANGE ROOM B 9:30 - 11:00 PERCEPTIONS OF INEQUALITY / NEW ECONOMIC PARADIGM BEHAVIORAL AND BEYOND...

POLITICS, POLICY & INEQUALITY WORKSHOP (BY INVITATION ONLY) YSI BEHAVIOR AND SOCIETY WORKING GROUP YSI INEQUALITY WORKING GROUP (PAGE 40) EUROPEAN CLIMATE FOUNDATION (PAGE 32) (PAGE 39) Mentor(s): David Tuckett Federico Gonzalez Etchebehere: Preferences for redistribution in Uruguay: The European Climate Foundation – Evidence of asymmetric relations between the a ‘foundation of foundations’ – was Gerçek Çiçek: poor and the rich established in early 2008 as a major Cognitive Decision Making under Risk and philanthropic initiative to help Europe Licia Bobzien: Uncertainty: A Neuroeconomics Approach Seeing what you see: explaining determinants foster the development of a low-carbon of perceptions of distributional inequalities society and play an even stronger Komal Shakeel: international leadership role to mitigate Dreams and Decisions: Do dream emotions Ellen Quigley: climate change. Parental income and views on inequality: a have a spillover effect on risk profiles of correlation decision makers? Simon Yin: The Role of Class in Economic Inequality: A Room Time NEW MART 9:30 - 10:15 Marxist Comparative Study of China and India Room Time Bhargav Sriganesh: EXCHANGE ROOM C 9:30 - 11:00 The Intervention Paradox: A Study of the Effects THE FOUNDATIONAL ECONOMY: of International Monetary Fund Intervention on Inequality after the 1997 Asian Financial Crisis RETHINKING GROWTH AND TECHNOLOGICAL CHANGE, Claire Debucquois: INDUSTRIAL POLICY LABOUR AND COMPETITION The legal architecture of the marketplace and its implications for inequality: Illustrations RETHINKING ECONOMICS (PAGE 35) YSI ECONOMICS OF INNOVATION WORKING GROUP from Brazil Speaker(s): Andrew Bowman (PAGE 39) Debolina Biswas: Revisiting Neoliberal Reforms and Rural In a Foundational Economy, researchers Inequality in India: A Case study of West propose an alternative approach focusing Mark Stelzner: Bengal Economy on how sheltered sectors of the economy can Workers and Technological Change in the United States Sharan Banerjee: be reorganised in ways that generate welfare Inequalities, Globalisation & Electoral Outcomes gains and diffuse prosperity. This work develops the idea that governing is a form of Mary Kaltenberg: David Castells-Quintana: experimenting, come along to find out more. Complexity Pays: The impact of Industry Inequality and city size Occupational Complexity on Wage Premiums

Room Time NEW MARKET 9:30 - 11:30 Room Time EXCHANGE ROOM D 9:30 - 11:00 SECTORAL INTERDEPENDENCIES IN DEVELOPMENT DEBATING SOCIAL ECOLOGICAL YSI ECONOMIC DEVELOPMENT AND LATIN AMERICA TRANSFORMATION WORKING GROUPS (PAGE 39 & 40) Room Time EXCHANGE ROOM A 9:30 - 11:00 Igor Lopes Rocha: UNIVERSITY OF LEEDS, ECONOMICS AND POLICY Engines of Growth and Sectoral FOR SUSTAINABILITY RESEARCH GROUP (PAGE 37) Interdependencies in Brazil and South Korea RETHINKING ECONOMICS Speaker(s): Lukas Hardt, Elke Pirgmaier, Joao Romero: REQUIRES CHANGING THE WORLD, Julia Steinberger, & Beth Stratford Sophistication, Productivity and Trade: A Sectoral Investigation NOT JUST INTERPRETING IT Join us for two participatory debates: Lorenzo Cassini: Export Performance, Innovation and THE MODERN MONEY NETWORK (PAGE 34) 1. Is green growth, post-growth or Sectoral Efficiency: An Approximation from Speaker(s): Rohan Grey the answer to environmental crises? Manufacturing Firms in Argentina, 2010-2012 This presentation will introduce the Dylan Chambers: 2. Is capitalism compatible with a future Modern Money view, as well as the goals and Determinants of Successful FDI Policy: A sustainable world? Comparative Study of the Malaysian and activities of the Modern Money Network, Mexican Experiences and explain why a transdisciplinary, politically-driven, and change-oriented Hear some contrasting perspectives, and Natalya Naqvi: contribute your own thoughts on these Rethinking the Role of Activist Financial approach to rethinking economics is Policy: Public Development Banks and necessary in order to achieve global contemporary controversies in ecological Directed Credit in Brazil and Bolivia economic prosperity and social justice. economics. 23 Festival for New Economic Thinking

Room Time Room Time Room Time EXCHANGE ROOM E 9:30 - 10:15 MEDIA STAGE 9:30 - 11:00 EXCHANGE ROOM B 11:00 - 12:30 EXPLORING HUMAN ACTION FOR CUTTING THROUGH THE SPIN: STRATEGIC BOOST PLURALIST ECONOMICS GUIDED BY ECONOMICS AND THE MEDIA CENTRAL EUROPEAN UNIVERSITY (PAGE 31) THE THOUGHT OF HANNAH ARENDT openDEMOCRACY (PAGE 34) You, your Business & your Country on the Path NETZWERK PLURALE ÖKONOMIK (PAGE 34) Speaker(s): Adam Ramsay, Yuan Yang, Antonia Jennings, Izabella Kaminska & George Kerevan to the Extraordinary, A Brainstorming Session. Speaker(s): Stella Loth, & Hannes Bohne Part II: How can we act effectively together? For most people, politicians and the media Sharpen your understanding of daily are the main sources of information Room Time organisation and activities in different social about the economy. But does the way EXCHANGE ROOM C 11:00 - 12:30 and political contexts, e.g. in the growing that economic issues are discussed in the community of pluralist economists on a local, media inform people, or alienate them? national and international scale. The workshop Do politicians and journalists sometimes AUSTERITY AND STAGNATION contains a short input about Hannah Arendt’s reinforce misleading or false narratives political thought as a possibility to organise our about how the economy works? How can acting, followed by the opportunity to adopt journalists and economists work together YSI KEYNESIAN ECONOMICS WORKING GROUP basic terms of how to explain human action. The to improve the quality and accessibility of (PAGE 40) core of this session is the reflection of your own economic debate? experiences in getting engaged in small groups and to develop new approaches for future Fábio Terra: activities. No previous knowledge is needed. Public Sector Financial Fragility Index: Room Time an analysis of the Brazilian federal NEW MART 10:15 - 11:30 government from 2000 - 2016 Booth U Time HISTORY OF ECONOMIC THOUGHT 9:30 - 11:00 Christian Breuer: SPOKESPERSON TRAINING Expansionary Austerity & Reverse Causality HISTORY OF ECONOMIC THOUGHT RETHINKING ECONOMICS (PAGE 35) Speaker: Laurie Laybourn-Langton Surajit Das: YSI HISTORY OF ECONOMIC THOUGHT WORKING Would Cuts in Public Spending Necessarily GROUP (PAGE 39) Learn how to be great spokesperson. Be Lead to Lower Fiscal Deficit and Public ready to talk to the media, give a radio Debt to GDP Ratio? Empirical Evidence The quotes are from the young scholars’ primary interview, appear on TV and always pivot from 175 Countries material that embody the essence of their research to your point. All beneficial when lobbying project. In other words, the quote gave them your department for curriculum reform! a ‘nugget’ that got them to grasp an important Lara Merling: part of the narrative. The young scholars will Debunking The Theoretical Assumptions discuss what role the quote plays in their research, Behind Austerity and what potential impact it had or has on our Room Time knowledge of the discipline of economics and EXCHANGE ROOM A 11:00 - 12:30 the economic system. They will answer questions Atanas Pekanov: such as how does their quote illuminate their The New View on fiscal policy and its research question(s)?; what impact do they think implications for the European Union the meaning (or even misreading or ignorance) INSTITUTIONAL ECONOMICS: of their quote has had on the relevant discipline, WHAT IT IS, WHAT IT IS NOT, AND public opinion and/or policymaking?; and does it apply to the contemporary political and socio- WHY IT’S IMPORTANT FOR NEW Room Time economic climate?; If so, how? ECONOMIC THINKING EXCHANGE ROOM D 11:00 - 12:30 WITTEN INSTITUTE & WINIR (PAGE 37) ONTOLOGY AND POLITICS Room Time Speaker(s): David Gindis, Joachim Zweynert WORKSHOP SPACE I 9:30 - 11:00 YSI PHILOSOPHY OF ECONOMICS WORKING GROUP What is institutional economics, and how is (PAGE 40) BUILDING A PLURALIST ALTERNATIVE it different from plain economics? We argue IN THE NORDIC COUNTRIES that institutional economics is more than Tobias Pforr: the currently fashionable versions which How does information become data? The RETHINKING ECONOMICS NORWAY (PAGE 36) focus on structural models and econometric role of narratives in processes of knowledge Speaker(s): Erik Reinert, Asgeir B. Torfason, testing, and show that its contribution to production Mikael Raindrop Byrialsen & Ebba Boye new economic thinking lies in its emphasis Roundtable discussion on pluralism in practice. on social contexts and interdisciplinarity. Carmela Chivers: We will hear from existing pluralist economic Fair game? The ontological limitations of education programs, learn about the demand Judging by the popularity of the view that game theory as a science of society for pluralist ideas in the work force and hear institutions help answer the big questions, from leading critical economists. Our goal is for instance why only some countries are Ali Lodhi: to start working towards a Nordic Conference in 2018. The meeting is co-organized with rich, are we all institutionalists now. But Neoliberalism and Political Crisis: a Kritiske Politter (DK) and Handels Students what is institutional economics, and how is Postulate of the Causal Dialectics Behind the for Sustainability (HaSS), (SE). it different from plain economics? Emergent Trumpian Crisis 24 FRIDAY, OCTOBER 20, 2017

Room Time Rutuja Uttarwar: Room Time EXCHANGE ROOM E 11:00 - 11:45 Complexity Economics in a Technological EXCHANGE ROOM C 12:30 - 14:00 Singularity Paradigm THE UK ECONOMY: HOW BAD IS IT? Marjan Fadavi Ardekani: DECARBONISING THE GLOBAL Dialectical understanding of complexity in IIPPE (PAGE 34) economics ECONOMY Speaker(s): Simon Mohun YSI URBAN AND REGIONAL ECONOMICS AND Simon Mohun is Emeritus Professor of Room Time SUSTAINABILITY WORKING GROUPS (PAGE 40) Political Economy at Queen Mary University EXCHANGE ROOM E 11:45 - 12:30 of London. He will talk about the UK economy over the period 2007-2016, putting it in Vedanshi Nevatia: historical context. COLONIALISM, VIOLENCE AND Towards a Greener Growth: Analyzing the recent decoupling of Global GDP Growth THE PROBLEMS OF DEVELOPMENT and Global Carbon Emissions Room Time ECONOMICS WORKSHOP SPACE II 11:00 - 12:30 Enno Schröder: IIPPE (PAGE 34) New Estimates of Consumption-Based IS UK ECONOMIC GROWTH BEING Speaker(s): Hazel Gray CO2 Emissions Hazel is Lecturer in African Studies and Bojana Radan: ACHIEVED SUSTAINABLY? Development at the University of Edinburgh. The Risk at the Water-Energy Nexus POSITIVE MONEY (PAGE 34) She will talk about the weaknesses of the new institutional approach to development, Speaker(s): Edward Smythe drawing upon examples from East Africa. Alex Pfeiffer: Analysis of the UK’s sectoral flow-of-funds The ‘decarbonization identity’ and can show that it economic growth model is pathways to net-zero: The scale and impact one of the least sustainable in the developed Room Time of committed cumulative carbon emissions world. The UK is dangerously reliant BARON 12:30 - 15:00 and stranded assets in the electricity on household deficit spending, fuelled generation sector on the decarbonisation by massive capital gains over decades. This model cannot last. Overt Monetary WHY DO ECONOMISTS NEED Financing (or ‘QE4People’) is the only policy Dragana Nikodinoska: that can deliver truly sustainable growth. HISTORY OF ECONOMIC THOUGHT? On the Emissions–Inequality and Emissions–Welfare Trade-offs in Energy STOREP (PAGE 36) Taxation: Evidence on the German Car Speaker(s): Antonella Stirati, Giulia Zacchia, Fuels Tax Room Time & Maria Bach MEDIA STAGE 11:00 - 12:30 The STOREP round table deals with the importance of HET in understanding and Room Time PRIVATE LAB NOTEBOOK AS studying economics and promoting a scientific EXCHANGE ROOM E 12:30 - 14:00 debate between contending paradigms. The PUBLIC WEBLOG: ECONOMICS IN session will explore why and how HET can help THE REAR-VIEW MIRROR research to gain more awareness of diversity in WHAT HAPPENS INSIDE THE approaches to economics ideas and problems. ECONOMICS IN THE REAR-VIEW MIRROR (PAGE 32) ECONOMICS CLASSROOM? Speaker(s): Irwin Collier RESEARCH INSTITUTE FOR SOCIETAL DEVELOPMENT Room Time (PAGE 35) The presentation will introduce the weblog NEW MART 12:30 - 14:00 “Economics in the Rear-view Mirror” as Speaker(s): Janina Urban a case study in the collection, selection, transcription, presentation and curation PUBLIC OPINION Over the past two years, the FGW has of archival material as a public source for funded a number of research projects which current and future historians of economics. YSI POLITICAL ECONOMY OF EUROPE WORKING approach the question of (a lack of) plurality Artifacts from the history of economics GROUP (PAGE 40) education in the U.S. used to illustrate. in economics. The institute’s research agenda Fahad Saher: has focused on two main areas: First, on Reassessing the Determinants of Legitimacy the attitudes of high school graduates and teachers, undergraduate students, doctoral Room Time Sanna Salo: students and professional economists on NEW MARKET 11:30 - 12:30 Drift to Right? Politicization of the Eurozone crisis in Finland, May-November 2010 issues of economic pluralism. Second on pluralist learning and teaching materials PHILOSOPHY OF COMPLEXITY Ann-Kathrin Reinl: for the high school and university level. In Rising Anti-EU voting in the 2014 European the workshop, we will present some of the YSI COMPLEXITY WORKING GROUP (PAGE 39) Parliament Election – European Solidarity results of that research and discuss them during the European Financial Crisis Juan Jacobo: with the participants against the background A Statistical Mechanical Theory of Economic Rhiannon Hugo & Amber Blikslager: of international debates surrounding new Growth and Crises European identity and legitimacy economic thinking. 25 Festival for New Economic Thinking

Room Time Room Time Room Time WORKSHOP SPACE I 12:30 - 14:00 EXCHANGE ROOM B 14:00 - 15:00 EXCHANGE ROOM D 14:00 - 15:30 EDUCATION AND INEQUALITY TRIALOGS – AN INSTRUMENT CAN WE AVOID THE NEXT

YSI INEQUALITY WORKING GROUP (PAGE 40) FOR DISCUSSION BETWEEN FINANCIAL CRISIS? THE CHANGE MAINSTREAM AND HETERODOX FINANCE CAMPAIGN Ana Luiza Matos de Oliveira: Development Strategies: Changes in inequality ECONOMIC PERSPECTIVES FINANCE WATCH (PAGE 33) in Higher Education in India and Brazil HUMBOLDT-VIADRINA GOVERNANCE PLATFORM Speaker(s): Steve Keen, Shonan Kothari, & (PAGE 33) Guila Porino Diana Galos: Speaker(s): Dr. Peter W. Heller Same education, different labour market returns? Prof. Keen had successfully anticipated the last As an instrument to discuss new economic big bust of 2008 - at a time when most academic Joan Madia: thinking and policy, we present Trialogs economists around the world had not. He has The Occupational Returns to Higher Education – one-day multi-stakeholder discussions now written a new book, ‘Can We Avoid the in Italy. Evidence from a Quasi Experiment. – where participants from the public and Next Financial Crisis?’ We are gathering to not private sector, civil society, academia and only anticipate the answer to this question, but Jesper Eriksen: media discuss societal and economic also to act on it. Traditionally, the currency that Closing Educations and Local Economic challenges in an open but confidential audiences pay is applause and likes. Instead, we atmosphere. All participants are encouraged want our audience to invest their own intellectual Andrew Bunker: to substantiate their arguments and connect and creative capital to get the ideas to execution. The Determinants of Education Loans: Evidence them to the different perspectives of other from the 2013 Survey of Consumer Finances stakeholder groups.

Room Time EXCHANGE ROOM E 14:00 - 15:00 Room Time WORKSHOP SPACE II 12:30 - 14:00 SUFFICIENCY – A NEGLECTED ANNUAL MEETING OF THE ASPECT TO REDUCE CONSUMPTION FINANCE, LAW AND ECONOMICS IMPACTS WORKING GROUP SUSTAINABLE EUROPE RESEARCH INSTITUTE (PAGE 36) YSI FINANCE, LAW AND ECONOMICS WORKING GROUPS (PAGE 39) Sufficiency is a complementing approach Speaker(s): Patrick Kaczmarczyk, Amarilys to efficiency to reduce energy and material Abreu, Christopher Hsu, Maria Cecilia consumption especially to avoid rebound Del Barrio Arleo, Aleksandar Stojanovic & effects. After a short introduction into the Luisa Scarcella Room Time approach the session is mainly devoted EXCHANGE ROOM C 14:00 - 15:00 to collect sufficiency examples from the Discussion of future research agendas and participants countries and to brainstorm projects THE EMERGING SOUTH ASIAN about necessary and possible policy instruments to support sufficiency. REGIONAL ECONOMY: TRADE, Room Time NEW MARKET 14:00 - 15:00 AID AND WORK REGIMES Room Time YSI SOUTH ASIA WORKING GROUP (PAGE 40) WORKSHOP SPACE I 14:00 - 15:00 INSTITUTIONS AND INNOVATION Satheesha Babu: RETEACHING ECONOMICS / UWE YSI ECONOMIC DEVELOPMENT WORKING Wages, Internal Migration And Labour GROUP(PAGE 39) Markets: An Analysis Of Indian States BRISTOL – ACADEMICS SUPPORTING STUDENT DEMANDS FOR PLURALIST Keston Perry: Mitra Sona: Political Dynamics and Innovation Capacity Urban women’s work in the current growth TEACHING IN ECONOMICS in Contemporary Development regime in India RETEACHING ECONOMICS (PAGE 35) Lyubov Artemenko: Speaker(s): Danielle Guizzo Institutional Arrangements and Innovation Afzal Muzammal: Growth in Developing Countries: The Case Foreign Aid Effectiveness, Corruption and This discussion introduces the Reteaching of Ukraine Economic Growth: A case study of selected Economics group to economics scholars South Asian countries. Nazzef Ishtiaq: and students. We address our support to the Innovation, Technological Change and student demands for pluralist teaching in Developing Countries’ Income Terms of Nirash Paija: economics, besides mapping the institutions Trade: A Reassessment of the Prebisch- The Determinants of Nepal’s Trade Balance: and degrees across the UK that are aligned Singer Thesis An ARDL Approach. with the Reteaching mission. 26 FRIDAY, OCTOBER 20, 2017

Room Time Jaime Leon: Room Time WORKSHOP SPACE II 14:00 - 14:45 Notes on the Brazilian democracy EXCHANGE ROOM B 15:00 - 16:30

Shantanu Braj Choubey: PRIVATE DEBT, GROWTH, AND Role of Markets in influencing political EXPLORING HUMAN ACTION FOR FINANCIAL STABILITY: debates and determining economic policies PLURALIST ECONOMICS GUIDED BY PRESENTATIONS OF RESEARCH DONE Peter Schmidt: THE THOUGHT OF HANNAH ARENDT BY THE PRIVATE DEBT PROJECT Market failure vs. system failure as a rationale for economic policy? A critique NETZWERK PLURALE ÖKONOMIK (PAGE 34) PRIVATE DEBT PROJECT (PAGE 35) from an evolutionary perspective Speaker(s): Stella Loth & Hannes Bohne Speaker: Jacob Feygin Part III: How can we act effectively together? This panel features papers from the Private Sharpen your understanding of daily Debt Project which highlight the tensions organisation and activities in different social between household and firm debt as a driver of and political contexts, e.g. in the growing growth and it’s role as an engine of instability. community of pluralist economists on a local, We will be highlighting the work of our national and international scale. The workshop young scholars and presenting data from both contains a short input about Hannah Arendt’s empirical case studies undertaken as part of political thought as a possibility to organise our our initiative and broader, theoretical concerns. acting, followed by the opportunity to adopt basic terms of how to explain human action. The core of this session is the reflection of your own experiences in getting engaged in small groups Room Time and to develop new approaches for future BARON 15:00 - 17:00 activities. No previous knowledge is needed. BEYOND HOMO : DIVERSITY IN ECONOMICS AND Room Time EXCHANGE ROOM C 15:00 - 16:30 SOCIAL SCIENCE Room Time NEW MART 15:00 - 16:30 YSI GENDER AND ECONOMICS WORKING GROUP CAUSES AND CONSEQUENCES OF (PAGE 39) Mentor(s): Marcella Corsi FILM: CONCERNING VIOLENCE INEQUALITY & ALTERNATIVE POLICIES Speaker(s): Erica Aloè, Arpita Biswas, Aanchal Dhull, Isidora Diaz, Naomi Friedman-Sokuler, YSI AFRICA WORKING GROUP (PAGE 39) UNIVERSITY OF GREENWICH (PAGE 37) Hosna Jahan, Francesca Lipari, Claire Moll, Suzy Speaker(s): Alexander Guschanski & Morrissey, Muireann O’Dwyer, Julia Ostrovskaya, Concerning Violence is a powerful polemic Özlem Onaran Giulia Porino, Sabrina Regmi & Giulia Zacchia based on Frantz Fanon’s 1961 book, The Wretched of the Earth. It narrates the events What are the causes of inequality? What is Moving beyond homo oeconomicus and the of African independence movements and the impact of inequality on macroeconomic misleading idea that humans are rational actors their confrontations with colonial and white and social stability? How do we construct (mainly identified with occidental white men) minority rule in the 1960s and 1970s. Narrated alternative solutions to tackle vast who make decisions based on narrow self- by the actress Lauryn Hill, the movie presents inequality? This session presents research interest, promises a more critical, transnational scenes from the anti-imperialist resistance, which synthesizes alternative theories based and interdisciplinary perspective. historical footage and conversations around on post Keynesian, Marxian, feminist, colonialism across African countries (Angola, institutionalist economics, and presents an Testing conventional disciplinary empirically grounded analysis. boundaries and developing alternative Guinea-Bissau, Liberia and Zimbabwe, among methodologies involving interactions with others), unravelling the attendant violence in other categories of analysis such as race, illuminating form. ethnicity, class and sexuality means not Room Time only to include “gender” as a binary variable EXCHANGE ROOM E 15:00 - 15:45 in economic models, but RETHINKING the theoretical basis of social sciences. Room Time EXCHANGE ROOM A 15:00 - 16:30 WORLD UNIVERSITY RANKINGS: ALL THAT GLITTERS AIN’T GOLD Room Time IN CONVERSATION: HOUSING NEW MARKET 15:00 - 17:00 RETHINKING ECONOMICS LUGANO (PAGE 36) RETHINKING ECONOMICS (PAGE 35) Speaker(s): Leonardo Conte, Federico C. THE BLURRED BOUNDARIES OF Speaker(s): Paul Gibson, & Laurie Macfarlane Zaccarelli & Francesco Pagliero STATES AND MARKETS: A GLOBAL In RE’s ‘In Conversation’ series we’ll tackle University rankings steer many future students a contemporary issue from different throughout their entire education, affecting PERSPECTIVE practitioner perspectives; academic and their choices about where to study. They drive YSI STATES AND MARKETS WORKING GROUP (PAGE 40) activist, researcher and reformer. Come future generations into their career paths, thus along to this event on Housing to hear NEF’s we expect them to be reliable and trustworthy. Dominik Leusder: Laurie MacFarlane, an author of the recently However, they are not: methodological shortfall, Unravelling the black box: double published and well-received ‘Rethinking the financial availability and social norms are some movements in the international economy Economics of Land and Housing’. of the underlying reasons that we will explore. 27 Festival for New Economic Thinking

Room Time Room Time Room Time WORKSHOP SPACE I 15:00 - 16:30 EXCHANGE ROOM E 16:00 - 17:00 EXCHANGE ROOM B 16:30 - 18:00 2017 TRADE AND DEVELOPMENT THE ROLE OF THE STATE IN THE A ROUNDTABLE DISCUSSION OF REPORT GOVERNANCE OF INNOVATION THE HISTORY AND PHILOSOPHY

UNCTAD (PAGE 37) AND DEVELOPMENT OF ECONOMICS: RECENT Speaker(s): Daniel Munevar & YSI ECONOMICS OF INNOVATION WORKING GROUP DEVELOPMENT & OPPORTUNITIES Richard Kozul-Wright (PAGE 39) CENTER FOR THE HISTORY OF POLITICAL ECONOMY Presentation of the 2017 Trade and (PAGE 31) Simone Gasperin: Speaker(s): Bruce Caldwell, Don Ross, Julian Development Report. The discussion State-owned enterprises as innovative and revolves around key challenges facing the Reiss, Reinhard Schumacher & Melissa learning organisations: the case of IRI Vergara Fernandez global economy discussed in the thematic chapters of UNCTAD flagship report: How María Luz Martínez Sol: The speakers will provide information and to achieve inclusive growth? The impact The role of CORFO in Chile’s Development: answer questions about opportunities for study of robots and industrialization. Gender Achievements and Challenges and research that are available through their dynamics of inclusion and exclusion. respective organizations, then will have a general Financial instability and structural limits Stephanie Craig: discussion of their perceptions of developments to inclusive growth. Market power and Technological Innovation and the Developmental within the philosophy and methodology of inequality. Towards a global new deal. State: How to Govern for Progress economics and the history of economic thought over the last four decades or so.

Room Time Room Time WORKSHOP SPACE II 15:00 - 16:00 NEW MART 16:30 - 18:00 Room Time EXCHANGE ROOM C 16:30 - 18:00 DOUGHNUT ECONOMICS: SEVEN FILM: THE SPIDER’S WEB: IN CONVERSATION: TRADE WAYS TO THINK LIKE A 21ST BRITAIN’S SECOND EMPIRE AND CENTURY ECONOMIST PANEL DISCUSSION RETHINKING ECONOMICS (PAGE 35) Speaker(s): Gabriel Siles-Brugge, Mark Dearn RETHINKING ECONOMICS (PAGE 35) TAX JUSTICE NETWORK (PAGE 36) John Christensen In RE’s ‘In Conversation’ series we’ll tackle a Speaker(s): Kate Raworth contemporary economic issue from different The Spider’s Web: Britain’s Second Empire practitioner perspectives; academic and Humanity’s 21st century challenge is to investigates how Britain transformed from activist, researcher and reformer. Come meet the needs of all within the means of an imperial power to a global financial power. along to this event on Trade to hear Professor the planet. Kate Raworth’s Doughnut of After WWII, the City of London’s financial Gabriel Siles-Brugges, co-author of ‘TTIP: social and planetary boundaries is a playfully interests created a ‘spider’s web’ of offshore The Truth about the Transatlantic Trade and Investment Partnership’ (2016) and War on serious approach to framing that challenge, secrecy jurisdictions that captured wealth and acts as a compass for human progress Want’s Senior Campaigns Officer on Trade; from across the globe and hid it behind Mark Dearn explore the UKs post-TTIP and this century. Come along to hear more! obscure financial structures. The film and the post-Brexit Trade landscape. audience Q&A session after will unpack how this came about, and what impact it has on the world today. Room Time Room Time EXCHANGE ROOM D 15:30 - 16:30 EXCHANGE ROOM D 16:30 - 18:00

Room Time GROWTH AND DISTRIBUTION EXCHANGE ROOM A 16:30 - 18:00 ECONOMICS RESEARCH AT YSI KEYNESIAN ECONOMICS WORKING GROUP JOHANNES KEPLER UNIVERSITY LINZ (PAGE 40) FROM THOUGHT TO ACTION! INSTITUTE FOR COMPREHENSIVE ANALYSIS OF THE RECLAIM OUR ECONOMY (PAGE 35) ECONOMY (PAGE 33) Adriano Oliveira: Speaker(s): Jakob Kapeller An Agent Based Model of Complex Speaker(s): Maja Repina & Florian Carl Investment Dynamics along Kaleckian lines Join us working on the foundation for In this lecture Jakob Kapeller, Head of Institute concerted political activism, participatory for Comprehensive Analysis of the Economy Alejandro Gonzalez: (www.jku.at/icae), will provide a short civil society engagement and inclusive overview of the Institute’s mission and provide Testing Kalecki-Minsky models with a non- campaigning, aiming to change the linear VAR: Evidence from the US insights into four recent research projects economic system. Based on legitimate dealing with the role of economic models in international capacity and solidarity, we will European policy-making, (2) the distribution Maria Romana Mongiello: explore how to create and interlink action of wealth, (3) the role of citation metrics in Public Innovation with Labour Market across borders. Theory and practice, co- economics as well as (4) the development of Frictions and Endogenous Market Size created and experienced! German economics over time. 28 FRIDAY, OCTOBER 20, 2017

Room Time Kanya Paramaguru: WORKSHOP SPACE I 16:30 - 18:00 Structural trade in the EU THEORETICAL PERSPECTIVES ON Alexia Lochmann: Off To Home: The Economic and ECONOMY AND ENVIRONMENT Institutional Consequences of the Option Agreement in South Tyrol YSI URBAN AND REGIONAL ECONOMICS AND SUSTAINABILITY WORKING GROUPS (PAGE 40)

Room Time David Hajj: EXCHANGE ROOM E 17:00 - 17:45 An Existing Dissonance Between Capitalist Growth and the Sustainability of Life THE ECONOMIC VALUE OF PEACE: Dafna Bitran: Daring to imagine - A new look at the PEACE ECONOMICS AS A process of ‘realising’ the Yasuní-ITT FRAMEWORK FOR THE FUTURE initiative through the lens of STS INSTITUTE FOR ECONOMISTS AND PEACE (PAGE 33) Sreeja Saiswal: Interdisciplinary approach to policy-making Speaker(s): Talia Hagerty involving contested mega-projects: Dealing Peace Economics is an emerging framework with ideas about nature, science and political of economic thought with the potential to economy in impact evaluation of the Konkan Railway yield trillions of dollars in value for human prosperity. Violence and armed conflict are Robert Mieth: among the most serious barriers to prosperity; Sustainable Technologies in Environmental the economic impact of violence reached and Resource Policy: Renewable Energy and USD14.3 trillion in 2016 alone. But new its Role in Economic Theory research from the Institute for Economics & Peace makes a powerful case for practical preventative action as a means to achieving humanity’s most ambitious goals. This Room Time presentation will introduce the framework WORKSHOP SPACE II 16:30 - 18:00 and summarize IEP’s latest findings. EXPLORING ECONOMICS: EDUCATION FOR THE 21ST CENTURY Room Time BARON 18:00 - 19:00 NETZWERK PLURALE ÖKONOMIK (PAGE 34) Speaker(s): Ulli Jacob & Daniel Obst WHY NEW ECONOMIC THINKING? Exploring Economics – an open access, bottom- Panel: Yuan Yang, Joe Earle, Perry Mehrling, up digital learning platform for new economic Robert Johnson thinking – offers a solution to one-sided and Moderator: Thomas Vass narrow-minded teaching in economics at universities around the globe. It’s a student- led project which aims to bring about lasting, Each of the panelists have contributed to positive change in teaching economics and to the efforts to rejuvenate and inspire the eventually transform society and the economy. economics discipline, from campaigning In this workshop, we will present the idea for curriculum reform to building new behind the project, compare different schools of branches of research. We will discuss which thought, and show ways to get involved. role economists can and must play to address the mounting challenges our societies are faced with and how we can build and sustain Room Time a vibrant environment for critical and NEW MARKET 17:00 - 18:00 constructive thought going forward. LABOUR AND ECONOMICS

YSI POLITICAL ECONOMY OF EUROPE WORKING GROUP (PAGE 40)

Bruno Caprettini: Rage against the Machines: Labor-saving technology and unrest in England, 1830-32 29 Festival for New Economic Thinking

FESTIVAL WRAP PARTY FRIDAY 21:00 - 24:00 AT THE CORN EXCHANGE

30 COLLABORATORS

ABERDEEN POLITICAL ECONOMY GROUP (APEG) CENTER FOR THE HISTORY OF POLITICAL ECONOMY Visit us at: Stall 9 Session(s): Friday, 16:30 - Exchange Room B

The Aberdeen Political Economy Group (APEG) is a student society The mission of the Center for the History of Political Economy at Duke University is to support and promote research in, and the affiliated with the University of Aberdeen. Its aim is to create a teaching of, the history of economic thought. We have a number of pluralistic, interdisciplinary forum that actively promotes the programs, including a Fellowship program, a lunch and workshop exchange of ideas, resources and materials related to contemporary series where Fellows and outside speakers present their work, an socio-political and economic issues. Convinced that scholarship annual Summer Institute, the annual HOPE conference, a Summer in must always be informed by a variety of perspectives, insights, and the Archives Program, and a public lecture series. Duke’s Rubenstein Library houses the Economists papers Archive, a major collection academic schools of thought, APEG hosts academic events for of papers of economists. The major field journal, History of Political students and members of the general public, including its annual Economy (HOPE), is published here. conference “Shifting Paradigms”. CENTRE FOR THE UNDERSTANDING OF SUSTAINABLE ALLIANCE FOR SUSTAINABLE PROSPERITY (ASAP) PROSPERITY (CUSP) Session(s): Thursday, 15:00 - Exchange Room D Visit us at: Stall 10 ASAP is a group of academics and activists interested in redefining The Centre for the Understanding of Sustainable Prosperity (CUSP) the relationship between humans, economic life and nature, and who is a network of academic and non-academic institutions. In CUSP we want to share information, debate and exchange. are exploring economic, social, cultural and philosophical elements of the sustainable good life. Our economic programme incorporates qualitative and quantitative approaches, including system dynamics ALTERNATIVE ECONOMIC AND MONETARY SYSTEMS and Post-Keynesian Stock Flow Consistent Models. (AEMS) SUMMER SCHOOL Visit us at: Stall 4 CENTRAL EUROPEAN UNIVERSITY (CEU)

AEMS is an international summer university program that offers Visit us at: Stall 5 Session(s): Friday, 11:00 - Exchange Room B a new approach: An evaluation of economic alternatives that considers natural boundaries and the human factor to be equal The Department of Economics and Business of CEU is a research- parts of the equation. Our ambitious goal: To help solve some of oriented department with an international faculty holding PhDs from societies’ problems by presenting viable alternatives to processes some of the best universities in the world. We offer several Masters and two PhD programs. Our graduates are in high demand from and developments that are putting enormous strains on economic, both the private and public sectors; many pursue successful academic ecologic and social boundaries. careers later on.

ASSOCIATION FOR HETERODOX ECONOMICS (AHE) CITY POLITICAL ECONOMY RESEARCH CENTRE (CITYPERC) Visit us at: Stall 21 Session(s): Friday, 16:30 - New Mart Session(s): Thursday, 16:30 - Exchange Room E City Political Economy Research Centre- is London’s hub for expert The Association for Heterodox Economics (AHE) is a learned society analysis on politics and economics. The Centre brings together world- which aims to promote open and tolerant debate in economics through leading expertise from academia, public policy, the financial sector a pluralist approach to theory, method, and ideology. The Association, and civil society. and its membership, seek to promote heterodox economics and Established in 2012, the Centre has rapidly become a focus for perspectives in the academic, governmental and private spheres of the interdisciplinary research across the UK, Europe and beyond. discipline of economics. CITYPERC has promoted innovative research, workshops and public events on tax justice, austerity economics, shadow banking, financial ASSOCIATION FOR THE PROMOTION OF POLITICAL regulation among others. ECONOMY AND THE LAW (APPEAL) CITY UNIVERSITY OF LONDON Visit us at: Stall 21 Visit us at: Stall 3 We bring together academics, policy professionals, and advocates to In 2014, City, University of London, launched the BSc (Hons) develop a law and economics capable of responding to the urgent International Political Economy, the first of its kind in the UK. challenges of our time. Our projects engage law with new and Through the programme’s range of courses by leading academics and revived economic thinking focused on how to better advance shared skilled practitioners, students develop the skills to engage with the key prosperity, democracy, sustainability and justice. challenges and debates that are shaping policy formation. 31 Festival for New Economic Thinking

CLUB OF ROME ECONOMICS IN THE REAR-VIEW MIRROR Visit us at: Booth J Visit us at: Stall 17 Session(s): Friday, 11:00 - Media Stage The Club of Rome is an organisation of individuals who share a common concern for the future of humanity and strive to make Irwin Collier was born 1951 in Flint, Michigan (USA) and grew up in Indiana and Ohio. He studied economics at Yale University (B.A.) a difference. Our members are notable scientists, economists, and at M.I.T. (Ph.D.) His doctoral dissertation was an economic businessmen, high level civil servants and former heads of state from analysis of personal connections, shortage and the measurement of around the world. Our mission is to promote understanding of the GDP in the German Democratic Republic. Part of his dissertation global challenges facing humanity and to propose solutions through research was conducted in East Berlin in 1978 where he lived for scientific analysis, communication and advocacy. seven months selected for the scientific exchange organized and administered by the International Research and Exchanges Board. COREECON - ECONOMICS FOR A CHANGING WORLD Collier has worked as assistant to Professor Albert O. Hirschman at the Institute for Advanced Study in Princeton, New Jersey (USA) Visit us at: Booth R and the University of Houston in Texas. Since 1994 he holds a professorship in economics at Freie Universität Berlin. Beginning CORE is a global community of learners, teachers and researchers in 2008 he has held a joint appointment between the John-F.- working to make economics education relevant to today’s pressing Kennedy Institute for North American Studies and the Business problems. Based on recent developments in economics and other and Economics Faculty of his university. Irwin Collier serves as a social sciences CORE has produced an open-access ebook The member of the International Academic Board of the young, private Economy, providing students with tools to understand the economics educational institution, the Kyiv School of Economics in Ukraine. of the world around them. Irwin Collier’s primary research interest currently is the history of economics and in particular the evolution of the teaching of economics in the United States from 1880 to the early 1950’s. His DEVELOPING ECONOMICS recent archival research has been supported by the Institute for New Visit us at: Stall 18 Economic Thinking. His blog, Economics in the Rear-View Mirror (irwincollier.com), is now in its third year. The Developing Economics blog takes critical approach to development economics. It seeks to stimulate debate and critical ECONOMIC ROCKSTAR reflection on economic development among academics and practitioners from all relevant fields. Session(s): Thursday, 15:00 - Media Stage Frank Conway is the founder and host of Economic Rockstar, a ECONOMIA CIVILE long-form interview based podcast. In each episode, conversations take place with today’s most influential and leading economists and Session(s): Thursday, 15:00 - Exchange Room A educators, revealing their own personal story, their insights into The association Economia civile aims at promoting scientific the economics discipline, their research, teaching methods and more. Economic Rockstar is providing a platform for listeners to research on the mutual relations between the economy and the connect with like-minded people and to expand their knowledge civil development of society, along the path signed by Giacomo and thinking in economics and finance. Thinking of economics in Matteotti, Gaetano Salvemini, Ernesto Rossi, Norberto Bobbio and a different way is explored in some of these conversations as well Paolo Sylos Labini. as identifying the challenges and changes that are taking place in academia. Previous guests include Steve Keen, Dan Ariely, Deirdre To this aim, the association carries out several activities, among McCloskey, Greg Mankiw, Steve Horwitz, Diane Coyle and Alvin which the management of research projects, editing journals, Roth. Economic Rockstar has generated over 500,000 unique books and other publications – and specifically the two academic downloads and these episodes can be found at economicrockstar. journals Moneta e Credito and PSL Quarterly Review. com. Frank is also a lecturer of economics at Waterford Institute of Technology in Ireland. ECONOMISTS FOR PEACE AND SECURITY EUROPEAN CLIMATE FOUNDATION Visit us at: Stall 22 Session(s): Thursday, 9:30 - Exchange Room A Session(s): Friday, All Day - Bistro Cottage (by invitation only) Economists for Peace and Security evaluates the economic The European Climate Foundation – a ‘foundation of foundations’ impacts of security policies, and the security impacts of – was established in early 2008 as a major philanthropic initiative economic policies. We promote non-military solutions to world to help Europe foster the development of a low-carbon society challenges, and more broadly work towards freedom from fear and play an even stronger international leadership role to mitigate and want for all. climate change. 32 COLLABORATORS

EXPLORING ECONOMICS (CIVIL SERVICE) GLASGOW ECONOMIC FORUM (GEF) Visit us at: Stall 25 Visit us at: Stall 9 Exploring Economics is a cross-departmental network of civil Glasgow Economic Forum (GEF) is an annual conference initiated servants who aim to improve the accessibility to and understanding of and entirely organized by students of the University of Glasgow, economics for all civil servants, and to promote the use and critique of created to fill a demand to learn more about economics outside a range of economic theories and methods in government. of the textbooks. With world-renowned speakers from various Over the last year they have worked closely with economist and policy disciplines, the conference is packed with ideas, discussions colleagues in government to deliver a series of outputs including a and fascinating insights into the world of economics and related popular event series called Unpacking Economics, a review of Treasury fields. GEF offers a fantastic opportunity to meet likeminded guidance on economic appraisal, and a new GES training workshop to people, who together with YOU will create and impact the future equip economists in government with a range of valuation techniques. Watch out for more in this space! of economics.

Exploring Economics has recently extended into Scotland, where it hopes to build a cross-government group of economists interested in HUMAN CAPITAL AND ECONOMIC OPPORTUNITY learning and applying new and alternative approaches to economics. GLOBAL WORKING GROUP (HCEO) Visit us at: Booth B EXPLORING ECONOMICS (NETZWERK) HCEO connects cross-disciplinary experts to advance Visit us at: Booth E innovative thinking and approaches to inequality and human Developed by the Network for Pluralist Economics (Netzwerk Plurale capital development research designed to improve individual Ökonomik), Exploring Economics is an online platform that makes opportunity worldwide. digital courses in economics available. Unlike most economics departments, Exploring Economics takes a pluralist approach, and provides course materials on a wide variety economic perspectives. HUMBOLDT-VIADRINA GOVERNANCE PLATFORM Visit us at: Stall 21 FIELDS INSTITUTE Session(s): Thursday, 16:30 - Exchange Room E Visit us at: Stall 11 We strengthen participation and transparency for sustainable Session(s): Thursday, 16:30 - Exchange Room D solutions of societal challenges. The Fields Institute is an international hub for mathematical collaboration. Every year Fields hosts over 4000 visiting researchers, The HUMBOLDT-VIADRINA Governance Platform promotes post-doctoral fellows, and students from across six continents. democratic processes and thought-through governance strategies Programs range from research seminars and public lectures to school in Germany, Europe and worldwide. The cornerstone for us here outreach activities and start-up incubation, making mathematics is to strengthen the legitimacy and sustainability of democratic accessible and engaging for all audiences procedures and decisions to contribute to finding solutions for societal challenges. FINANCIAL TIMES ALPHAVILLE Visit us at: Booth H INSTITUTE FOR COMPREHENSIVE ANALYSIS FT Alphaville is the FT’s financial team blog, offering finance OF THE ECONOMY professionals a daily blend of commentary and news that is sometimes irreverent but (hopefully) always thought-provoking. Sesstion(s): Friday, 16:30 - Exchange Room D

Alphachat is Alphaville’s conversational podcast about business and The Institute for Comprehensive Analysis of the Economy economics produced by the Financial Times in New York. Each week, (ICAE) is economics research institute located at Johannes FT hosts and guests delve into a new theme, with more wonkiness, Kepler University Linz (Austria). The institute’s mission is to humour and irreverence than you’ll find anywhere else. Find conduct economic research based on a theoretical pluralism, Alphachat wherever you get your podcasts, including iTunes, Stitcher interdisciplinary openness and methodological diversity For and Spotify. You can also listen at ft.com/ft-alphachat. more information visit: www.jku.at/icae.

FINANCE WATCH INSTITUTE FOR ECONOMICS AND PEACE (IEP) Visit us at: Booth Q Session(s): Friday, 17:00 - Exchange Room E Session(s): Thursday, 11:00 - Workshop Space II Friday, 14:00 - Exchange Room D The Institute for Economics & Peace is an independent, not-for- Finance Watch is an independent, nonprofit public interest association profit think tank dedicated to building a greater understanding dedicated to making finance work for society. It was created in June of the key drivers and measures of peace and to identifying the 2011 to be a citizen’s counterweight to the lobbying of the financial economic benefits that increased peacefulness can deliver. With industry and conducts technical and policy advocacy in favour of offices in Sydney, New York, Mexico City, and The Hague, IEP financial regulations that will make finance serve society. works to make peace a tangible and actionable goal. 33 Festival for New Economic Thinking

INSTITUTE FOR NEW ECONOMIC THINKING AT THE MOVING BEYOND NEOLIBERALISM OXFORD MARTIN SCHOOL (INET OXFORD) Session(s): Thursday, 16:30 - Exchange Room E Visit us at: Booth T This project was undertaken by Laurie Laybourn-Langton and Session(s): Thursday, 16:30 - Exchange Room B Michael Jacobs. We are very grateful to the Friends Provident Foundation whose sponsorship enabled us to undertake this project. The Institute for New Economic Thinking at the Oxford Martin School The views presented are our own. (INET Oxford) is a multidisciplinary research institute dedicated to applying leading-edge thinking from the social and physical sciences to global economic challenges. NETZWERK PLURALE ÖKONOMIK Visit us at: Booth E INTERNATIONAL INITIATIVE FOR PROMOTING POLITICAL Session(s): Thursday, 11:00 - Exchange Room E Friday, 9:30 - Exchange Room E ECONOMY (IIPPE) Friday, 15:00 - Exchange Room B Visit us at: Booth I Friday, 16:30 - Workshop Space I Session(s): Thursday, 11:00 - Exchange Room B The Network for Pluralist Economics (Netzwerk Plurale Ökonomik and Friday, 11:00 - Exchange Room E e.V.) is an initiative founded in 2007 by economics students, teachers Founded in 2006, IIPPE promotes political economy through critical and researchers from Germany who are concerned about the current state of the economics discipline. Together with more than 30 and constructive engagement with , heterodox associated groups at local universities, we organize more than 200 alternatives, interdisciplinarity, and activism understood broadly as events and workshops each year. ranging across formulating progressive policy through to support for progressive movements. We see ourselves as commanding and criticising mainstream economics, offering alternatives from within NEW ECONOMY ORGANISERS NETWORK (NEON) political economy, addressing the nature of contemporary capitalism Session(s): Thursday, 11:00 - Workshop Space I and corresponding policy and applied issues, and drawing upon and contributing to the presence of political economy, and critique NEON is a network of over 1,600 UK organisers from 900 different of “economics imperialism”, within other disciplines. While Marxist civil society groups. We run powerful trainings and support campaigns political economy has a strong presence, IIPPE is a pluralistic forum to help progressives win social, economic and environmental justice. where all progressive brands of political economy are welcome. OECD - NEW APPROACHES TO ECONOMIC CHALLENGES MACROECONOMIC POLICY INSTITUTE (IMK) Session(s): Thursday, 11:00 - Exchange Room A Session(s): Thursday, 15:00 - Baron The OECD provides a forum in which governments can work together to share experiences and seek solutions to common problems. We The Macroeconomic Policy Institute (IMK) is an independent work with governments to understand what drives economic, social academic institute within the Hans-Böckler-Foundation, a non- and environmental change. We measure productivity and global flows profit organisation fostering co-determination and promoting of trade and investment. We analyse and compare data to predict research and academic study. The Foundation is linked to the German future trends. We set international standards on a wide range of Confederation of Trade Unions (DGB). things, from agriculture and tax to the safety of chemicals.

The IMK was founded in 2005 to strengthen the macroeconomic perspective both in economic research and in the economic policy OIKOS debate. The IMK analyses business cycle developments and conducts Visit us at: Booth K economic policy research, notably on fiscal and monetary policy, Session(s): Thursday, 9:30 - Workshop Space II labour markets, income distribution and financial markets. The Oikos is an international student-driven organization for sustainability Institute seeks to address the challenges facing macroeconomics and in economics and management. We empower young leaders to drive economic policy in the wake of the global financial crisis. change towards sustainability worldwide.

MODERN MONEY NETWORK openDEMOCRACY Visit us at: Stall 23 Visit us at: Booth 4 Session(s): Friday, 9:30 - Exchange Room A Session(s): Thursday, 16:30 - Media Space The Modern Money Network is a global, student-driven, Friday, 9:30 - Media Stage transdisciplinary initiative that promotes public understanding of openDemocracy is an independent global media platform. Through money and finance. We believe in the universal, enforceable and reporting and analysis of social, political and economic issues, inalienable right of every person to participate in economic life in a openDemocracy seeks to challenge power and encourage democratic manner consistent with basic principles of justice, fairness, equality debate across the world. With human rights as our central guiding and dignity. focus, we ask tough questions about freedom, justice and democracy. 34 COLLABORATORS

PEPS-ECONOMIE RESEARCH ASSOCIATION ON MONETARY INNOVATION Visit us at: Booth D AND COMMUNITY AND COMPLEMENTARY CURRENCY More than 10 years ago, a student movement started in France against SYSTEMS (RAMICS) “autism” in economics, and spread in other countries. Nowadays, the crisis has shown how much things have stayed the same. Since 2011 Visit us at: Stall 19 we have done studies to get an overview of the situation and designed Complementary currencies met with great interest from a concrete alternative ! See more at www.pepseconomie.org scholars and students in recent decades. RAMICS (ramics. org), launched in 2017, offers a framework for the exchange POSITIVE MONEY of research results – a journal (ijccr.net), a bibliography (cc- literature.org) and conferences. The association focuses on socio- Visit us at: Booth O economic innovations, which contribute to social cohesion and Session(s): Friday, 11:00 - Workshop Space II environmental sustainability. Our current financial system has left us with the highest personal debt in history, unaffordable housing, worsening inequality, and banks that are subsidised by taxpayers. Positive Money believe that these problems RESEARCH INSTITUTE FOR SOCIETAL DEVELOPMENT have a common root: money. We are a not-for-profit organisation that campaigns for a fair, democratic and sustainable money system. Session(s): Friday, 12:30 - Exchange Room E The Research Institute for Societal Development aims to bring PRIVATE DEBT PROJECT together science, society and politics. It funds research projects, promoting societal development in which the fundamental values Visit us at: Booth M of fairness and social justice are gained. Session(s): Friday, 14:00 - Workshop Space II The Private Debt Project is an initiative of the Governor’s Woods Foundation committed to expanding the study of the relationship RETEACHING ECONOMICS between private debt, economic growth, and financial stability. The Visit us at: Stall 24 Project is based on the understanding that private debt is as central to Session(s): Friday, 14:00 - Workshop Space II an economy’s performance as such fundamental concepts as savings, investment, and growth. Reteaching Economics brings together a group of UK-based early career academics who want to respond to student campaign for grater pluralism in economics. Reteachers are in PROJECT SYNDICATE various institutions in the UK. The academic staff representing Visit us at: Booth G Reteaching at the Festival for New Economic Thinking are from Session(s): Thursday, 15:00 - New Mart UWE Bristol, an institution with a growing concentration of Reteachers in Economics. Project Syndicate produces and delivers original, high-quality commentaries to a global audience. Featuring exclusive contributions by prominent political leaders, policymakers, scholars, business leaders, and civic activists from around the world, we provide more RETHINKING ECONOMICS than 500 media outlets, in over 155 countries, cutting-edge analysis Visit us at: Booth C and insight, regardless of their ability to pay. Session(s): Thursday, 9:30 - Workshop Space I Thursday, 11:00 - New Mart Thursday, 15:00 - Workshop Space I & II REBUILDING ECONOMICS Friday, 9:30 - New Mart Friday, 15:00 & 16:30 - Exchange Room C Session(s): Thursday, 15:00 - Exchange Room C Rebuilding Economics: Professor Steve Keen has spent twenty years Rethinking Economics is an international network of students, Debunking Economics. Now he’s turning his attention to Rebuilding academics and professionals working to build a better economics Economics: to constructing an economic theory which is capable in the classroom and society. With 53 groups in 22 countries, we of handling non-equilibrium processes, which acknowledges the run a variety of campaigns, events and projects to enact the change essential role of energy, and which treats money as an essential aspect needed for the future of economics education and propel debate on of a capitalist economy. Support his work via Patreon at www.patreon. what economics is today. com/ProfSteveKeen

RECLAIM OUR ECONOMY RETHINKING ECONOMICS INDIA Visit us at: Stall 12, Session(s): Friday, 16:30 - Exchange Room A Session(s): Thursday, 9:30 - Exchange Room E Reclaim Our Economy: Reclaim Our Economy, is an international Rethinking Economics Indian National Network, India’s first group of activists who, based on social and environmental justice, campaign for systemic change with a renewed understanding of- and Rethinking Economics chapter. We have been registered since acting in the economy. We aspire to create capacity for international January 2017, our main goal is to become the first contact point mobilisation and cooperation, and aim to inspire and engage more for heterodox interest in economics and a broader approach to people to take action. high school curricula. 35 Festival for New Economic Thinking

RETHINKING ECONOMICS LUGANO STOREP Visit us at: Stall 14 Session(s): Friday, 12:30 - Baron Session(s): Friday, 15:00 - Exchange Room E STOREP (Italian Association for the History of Political Economy) was Rethinking Economics Lugano is a student association based at the formally established on October 20, 2003, on initiative of some of the University of Lugano, Switzerland. We promote interdisciplinarity and leading Italian figures in the history of economic thought and of political pluralism in the teaching of Economics, especially among the Swiss economy, with the primary aim of “promoting and sponsor teaching universities. We also encourage the critique of mainstream economic and research activities on the history of political economy, in all their theory by analysing its hiatuses, contradictions and consequences, manifestations”, as declared in the Memorandum of Association. spreading them out to a broad audience. SUMAK KAWSAY, XAVERIAN UNIVERSITY RETHINKING ECONOMICS NORWAY Session(s): Thursday, 15:00 - Exchange Room E Visit us at: Stall 15 Sumak Kawsay, based in Bogota, Colombia was created in the year Session(s): Friday, 9:30 - Workshop Space I 2015 by 7 economics students motivated by the urge of analysing topics Rethinking Economics Norway is working for a pluralist economics and issues that were not addressed in the core economics classes from education in Norway. We organize conferences, talks and participate a critical perspective. The group’s mission is to address the economics in the public debate. We are currently planning a larger conference on science from an alternative perspective in order to transform the way in which economics is taught and the way in which people are linked to the pluralism in the Nordic Countries. We now have five local groups at economic system and establish their social relationships. different universities.

RETHINKING ECONOMICS TORINO SUSTAINABLE EUROPE RESEARCH INSTITUTE (SERI) Visit us at: Stall 26 Visit us at: Stall 13 Session(s): Friday, 14:00 - Exchange Room E Session(s): Thursday, 11:45 - Exchange Room E The Sustainable Europe Research Institute SERI Germany e.V. is a not- Rethinking Economics Torino was founded in 2016 and is excited to profit research center dedicated to a sustainable development research bring pluralist economics to Turin, Italy. that is comprehensive, transdisciplinary and practically relevant. It is covering environmental, social, institutional and economic sustainability. SERI Germany explores sustainable development RSA - CITIZENS’ ECONOMIC COUNCIL options for Europe, and analyses the impact of European policies on Session(s): Thursday, 11:30 - Baron other parts of the world. The Royal Society for the encouragement of Arts, Commerce and Manufactures (RSA) aims to help citizens create fulfilling lives TALLINN UNIVERSITY OF TECHNOLOGY and a flourishing society. Supported by our 29,000 Fellows, we Visit us at: Stall 1 share powerful ideas, carry out cutting edge research, and build opportunities for people to collaborate. Ragnar Nurkse Department of Innovation and Governance is the leading research centre in Estonia focusing on innovation studies, the role of the state in innovation and development, and digital SOAS UNIVERSITY OF LONDON transformation of economies and governments. RND brings together some of the leading scholars of innovation, economic development and Visit us at: Stall 8 governance - Carlota Perez, Erik S. Reinert, Jan. A. Kregel, Wolfgang The SOAS Department of Economics is a leading centre for J.M. Drechsler, Rainer Kattel - and creates a unique interdisciplinary economic research. It offers a pluralist and applied approach to the research setting merging heterodox economics, evolutionary study of economics. Our work is fundamentally concerned with the innovation studies and governance research. RND offers two MA application of economics to real world issues, reflecting real policy programs: Technology Governance and Digital Transformation; PIONEER: Public Sector Innovation and e-Governance (an Erasmus concerns. We believe that economics should be rigorous, reflective Mundus Program offered jointly with KU Leuven and University and, fundamentally, useful. of Münster). RND’s PhD program offers specialization in Public Administration and Technology Governance. SOCIAL ENTERPRISE SCOTLAND Visit us at: Booth L TAX JUSTICE NETWORK

Social Enterprise Scotland is an independent, Scottish, Session(s): Friday, 16:30 - New Mart membership-led organisation, built and controlled by social The Tax Justice Network is an independent international network enterprises. We’re the first point of contact for the media and launched in 2003.Our core mission is to ‘change the weather’ on a wide public and promote a positive vision for social enterprise. Social range of issues related to tax, tax havens and financial globalisation. We Enterprise Scotland unites social enterprises and their supporters push for systemic change. We could very loosely be described as a fast, into a strong campaigning force. flexible, expert-led, activist think tank. We are not politically aligned. 36 COLLABORATORS

UNITED NATIONS CONFERENCE ON TRADE AND WITTEN INSTITUTE FOR INSTITUTIONAL CHANGE DEVELOPMENT (UNCTAD) Visit us at: Stall 6 Session(s): Friday, 11:00 - Exchange Room A Visit us at: Booth N Session(s): Friday, 15:00 - Workshop Space I UNCTAD is a permanent intergovernmental body established by WORLD INTERDISCIPLINARY NETWORK FOR the United Nations General Assembly in 1964. UNCTAD is the INSTITUTIONAL RESEARCH (WINIR) principal organ of the United Nations General Assembly dealing with trade, investment, and development issues. We support developing Visit us at: Booth P countries to access the benefits of a globalized economy more fairly Session(s): Friday, 11:00 - Exchange Room A and effectively. And we help equip them to deal with the potential Founded in 2013, WINIR is a global network bringing together around drawbacks of greater economic integration. To do this, we provide 450 researchers from across the social sciences and the humanities analysis, consensus-building, and technical assistance. This helps devoted to the study of the nature, function, evolution, and impact of them to use trade, investment, finance, and technology as vehicles for the institutions and organisations of economic and social life. inclusive and sustainable development. Ultimately, we are serving the citizens of the 194 countries that make up our organization. Our goal is prosperity for all. YOURGREECONOMY UNITED NATIONS ECONOMIC COMMISSION FOR LATIN Session(s): Thursday, 4:30 - New Mart Kritische Wirtschaftswissenschaften Göttingen is an interest group AMERICA AND THE CARIBBEAN (ECLAC) promoting pluralism in economics since 2007. They have hosted Visit us at: Booth A student-led seminars for eight consecutive years and are successful Session(s): Thursday, 17:15 - New Market with a fourth year lecture series on heterodox economics. It is due to their effort that students at Göttingen university are eligible for credit ECLAC (the Spanish acronym is CEPAL) is one of the five points in heterodox subjects. In 2015 they have been awarded the regional commissions of the UN. It was founded with the award for outstanding academic achievement issued by the state of purpose of contributing to the economic development of Latin lower saxony. America, coordinating actions directed towards this end, and reinforcing economic ties among countries and with other nations of the world.

The Summer School on Latin American Economies of ECLAC is a plural space of thought that promotes discussion, reflection, and the generation and exchange of ideas. It promotes Latin American structuralism, an analytical tradition that gives a major role to the dynamics of the productive structure, technology and the pattern of specialization in long-term growth.

UNIVERSITY OF GREENWICH Visit us at: Stall 7 Session(s): Friday, 15:00 - Exchange Room C Our Msc Economics, BSc Economics, Economics with Banking, BA Business Economics and PhD programmes teach real world economics in a pluralistic fashion comparing contesting theories and policy implications. We host three pluralistic research units: Greenwich Political Economy Research Centre, Centre for Business Network Analysis and Public Services International Research Unit.

UNIVERSITY OF LEEDS, ECONOMICS AND POLICY FOR SUSTAINABILITY RESEARCH GROUP Visit us at: Stall 2 Session(s): Friday, 9:30 - Exchange Room D The worsening environmental, social and economic crises we are facing are deeply intertwined. To address them, radically new economic ideas and tools are required. Come share your ideas and find out how researchers and students in Leeds are tackling these issues. 37 Festival for New Economic Thinking

38 YSI WORKING GROUPS

THE YOUNG SCHOLARS INITIATIVE (YSI) IS AN INTERNATIONAL COMMUNITY COMPRISED OF STUDENTS, YOUNG PROFESSIONALS AND RESEARCHERS WHO EMBRACE NEW AND CRITICAL WAY OF THINKING ABOUT THE ECONOMY. IN MORE THAN 20 YSI WORKING GROUPS, YOUNG SCHOLARS COLLABORATE TO ANSWER QUESTIONS RELATED TO NEW ECONOMIC THINKING.

YSI AFRICA WORKING GROUP YSI ECONOMIC HISTORY WORKING GROUP Meet at Booth S: Thursday, 12:00 - 14:00 Meet at Booth S: Friday, 14:00 - 16:00 Session(s): Thursday, 15:00 - Exchange Room B) Session(s): Wednesday, 17:30 - New Mart Friday, 15:00 - New Mart Thursday, 9:30 - New Mart Thursday, 11:00 - Media Stage The Africa Working Group identifes key economic issues for Africa and the continent’s economic development. How do we overcome Economic history is a vital tool for understanding economics today, colonial legacies, weak institutions, high inequality, and bring the particularly in the aftermath of the Great Recession. The Economic continent into the future? History Working Group studies institutional, narrative, theoretical, and empirical research in macroeconomics, financial, and business history. YSI BEHAVIOR AND SOCIETY WORKING GROUP Meet at Booth S: Thursday, 15:00 - 16:30 YSI FINANCE, LAW AND ECONOMICS WORKING GROUP Session(s): Thursday & Friday, 9:30 - Exchange Room B Meet at Booth S: Friday, 16:00 - 18:00 The Behavior and Society Working Group explores the relationship Session(s): Thursday, 9:30 & 11:30 - Bistro Cottage between individual behavior and institutional and socio-economic Thursday, 16:30 - Exchange Room C structures in order to broaden the scope of economics. We draw upon Friday, 12:30 Workshop Space II insights from psychology, sociology, neuroscience, and philosophy, as well as behavioral and experimental economics. Finance, Law, and Economics are inherently interrelated disciplines. The Finance, Law and Economics Working Group brings economists, lawyers and practioners together to integrate Macroeconomics, YSI COMPLEXITY ECONOMICS WORKING GROUP Finance and legal studies in order to understand issues of financial stability, financial market reform and the future of the banking and Meet at Booth S: Thursday, 14:00 - 16:00 payments systems. Session(s): Wednesday 17:30 - Bistro Thursday, 9:30 & 12:30 - Baron Friday, 11:30 - New Market YSI FINANCIAL STABILITY WORKING GROUP Economies and societies are complex and evolving systems. Their dynamics, networks, interactions, and heterogeneity are what the Meet at Booth S: Thursday, 15:00 - 16:30 Complexity Economics Working Group is interested in. Session(s): Wednesday, 3:30 - New Mart Thursday, 9:30 & 11:30 - Bistro Cottage The Financial Stability Working Group studies novel approaches to YSI ECONOMICS OF INNOVATION WORKING GROUP monetary economics and bridges the intellectual gap between finance and macroeconomics. Topics of particular interest are the rise of financial Meet at Booth S: Thursday, 16:30 - 18:00 Session(s): Wednesday, 15:30 - Baron globalization, new forms of banking intermediation and payment systems Thursday, 11:30 - Bistro Cottage and their implication for the stability of the financial system. Friday, 9:30 - Exchange Room C Friday, 16:00 - Exchange Room E YSI GENDER AND ECONOMICS WORKING GROUP The Innovation Working Group views innovation as being central to the process of economic development and growth. The Working Meet at Booth S: Thursday, 16:30 - 18:00 Group aims to study how economic actors, policies, technology and Session(s): Thursday, 11:00 - New Market market conditions interact and evolve over time. Friday, 15:00 - Baron Studying the role gender within economic theory is a part of a general YSI ECONOMIC DEVELOPMENT WORKING GROUP project to rethink economics in a different way, either as a revised version of conventional economics, or as a deep critique to the way Meet at Booth S: Thursday, 12:00 - 14:00 economics is and has been framed. Session(s): Wednesday, 15:30 & 17:30 - New Market Thursday, 11:00 - Exchange Room D Thursday, 9:30 - New Market Thursday, 16:30 - Bistro Cottage YSI HISTORY OF ECONOMIC THOUGHT WORKING GROUP Friday, 9:30 & 14:00 - New Market Meet at Booth S: Friday, 16:00 - 18:00 The Economic Development Working Group discusses developmental Session(s): Thursday, 16:30 - Exchange Room A challenges by studying a range of theoretical and methodological approaches, including Institutional Economics, Post-Keynesian The History of Economic Thought Working Group is devoted to Economics, Austrian Economics, , Marxian disinterring the roots of contemporary economic orthodoxy, exhuming Economics, Structuralist Economics, and New-Keynesian Economics. time-honoured rival approaches, and imagining possible futures. 39 Festival for New Economic Thinking

YSI INEQUALITY WORKING GROUP Meet at Booth S: Thursday, 12:00 - 14:00 YSI STATES AND MARKETS WORKING GROUP Session(s): Wednesday, 15:30 - Bistro Cottage Thursday, 16:30 - Workshop Space II Meet at Booth S: Thursday, 15:00 - 16:30 Friday, 12:30 - Workshop Space I Session(s): Thursday 9:30 & 12:30 - Exchange Room C Friday, 9:30 - Baron Friday 15:00 - New Market The States and Markets Working Group reconsiders the relationship The Inequality Working Group explores the philosophical and between states and markets, including the idea that the State technical aspects of the link between inequality and economics: What ‘intervenes’ in the economy, the concept of ‘the state’ and ‘the are economists talking about when they talk about inequality? And economy’ as two separate spheres, as well as additional categories such why is inequality even relevant to economics? as ‘public’ and ‘private’.

YSI KEYNESIAN ECONOMICS WORKING GROUP YSI SOUTH ASIA WORKING GROUP Meet at Booth S: Thursday, 16:30 - 18:00 Meet at Booth S: Thursday, 10:00 - 12:00 Session(s): Thursday, 11:00 - Exchange Room C Session(s): Wednesday, 17:30 - Bistro Friday, 11:00 - Exchange Room C Friday, 14:00 - Exchange Room C Friday, 15:30 - Exchange Room D The South Asian region presents a study in contrasts. Impressive A Keynesian approach to economics supposes that output and growth rates contrast endemic hunger and poverty. The relative employment growth of capitalist economies are constrained by resilience in face of external crisis contrasts informality and aggregate demand. The Keynesian Working Group provides insightful discrimination in labour markets. The YSI South Asia Working Group discussions on how the Keynesian framework can help us to deal with faces the considerable challenges of the region. the current depressed state of most economies. YSI SUSTAINABILITY WORKING GROUP YSI LATIN AMERICA WORKING GROUP Meet at Booth S: Thursday, 10:00 - 12:00 Session(s): Wednesday, 17:30 - Baron Meet at Booth S: Friday, 10:00 - 12:00 Thursday, 15:00 - Bistro Cottage Session(s): Wednesday, 15:30 & 17:30 - New Market Thursday, 12:30 - Workshop II Thursday, 11:00 - Exchange Room D Friday, 12:30 - Exchange Room C The Latin America Working Group studies one of the fastest Friday, 16:30 - Workshop Space I Friday, 16:30 - Workshop Space II growing regions of the past decade, but which is currenlty undergoing great economic turmoil. New approaches are needed to The Sustainability Working Group explores how new economic fight inflation, end corruption, and prevent deepening inequality thinking can contribute to the issues of environmental challenges, in the Latin American context. such as climate change, pollution, and the management and distribution of finite resources.

YSI POLITICAL ECONOMY OF EUROPE WORKING GROUP YSI URBAN AND REGIONAL ECONOMICS Meet at Booth S: Friday, 10:00 - 12:00 WORKING GROUP Session(s): Thursday, 12:30 & 15:00 - New Market Friday, 12:30 & 17:00 - New Market Meet at Booth S: Thursday, 10:00 - 12:00 Session(s): Wednesday, 17:30 - Baron The Political Economy of Europe Working Group investigates how Thursday, 12:30 - Workshop II new economic thinking can contribute to a better understanding Thursday, 15:00 - Bistro Cottage of the financial integration between the European economies, how Friday, 12:30 - Exchange Room C to respond to the Euro Crisis, and ideas to counter the imbalances Friday, 16:30 - Workshop Space I between the members of the European Union. The Urban and Regional Economics Working Group explores the role of geographical space on economics and development, as well as the role of cities and the emerging importance of the political economy YSI PHILOSOPHY OF ECONOMICS WORKING GROUP of urbanization. Meet at Booth S: Friday, 14:00 - 16:00 Session(s): Wednesday 17:30 - Bistro Cottage Thursday, 12:30 - Exchange Room B Friday, 11:00 - Exchange Room D In the Philosophy of Economics Working Group we dare to ask the most fundamental questions in order to understand our roles as economists in a bigger picture. What is the ‘economy’? What is ‘economics’? What is the relationship between our models and reality? What should it be? 40 FESTIVAL ORGANIZING TEAM

Thomas Vass Daniel Obst Young Scholars Initiative, Network for Pluralist Economics, JJ Raskin Festival Director Organizing Partner Graphic Design Jay Pocklington Lydia Fine Heske van Doornen Young Scholars Initiative, Art Director Graphic Design, Festival Director The Minkys, B. Bales Karlin Organizing Partner Hannah Dewirth Production Manager Rethinking Economics, Goncalo Fonseca Organizing Partner Sarah Testerman Exhibition Curator History of Production Coordinator Economic Thought, Daniel Lapidus The History of Economic Rethinking Economics, Shalin Scupham Production Associate Thought Website, Organizing Partner Organizing Partner Iva Parvanova Gustav Theile Project Manager Timothy Fong Network for Pluralist Economics, Project Manager, Organizing Partner Regina Kolbe Augmented Reality Project Manager

Thank You Edinburgh Corn Exchange Edinburgh Copy Shop Institute for New Economic Thinking Scotland Hostel Group Taylor Jubanowsky Resolution Foundation Fountain Court Apartments Tony Blahd Financial Times Entropy Fox Development Sarah Schriesser Open Democracy Nick Milligan, Urban Display S. Blair Rosenberg

41 Festival for New Economic Thinking

42 #NEWECON

PROGRAM 2017