AFEE/UMKC Economics Summer School - June 23-28, 2001 University of Missouri - Kansas City

Theme: Institutionalist Perspectives on the “New Economy” and “Globalization”

The world economy is undergoing dramatic transformations. Volatile Stock and Currency Markets! Growing Gap between Rich and Poor! Increasing Concentration and Monopoly Power! Global Warming! Possible Recession/Depression!

Go beyond General Equilibrium Theory and Empty Formalism and get to the source of these changes-economic evolution, institutional adjustments and lags, technological change and POWER.  At the AFEE/UMKC Economics Summer School we will highlight what orthodox economics programs leave out: the REAL WORLD!

Not since the 1930’s has there been such a need for economic theory to be grounded in economic reality. Institutional Economics is the tradition that explains (and foresaw) these economic catastrophes. The AFEE/UMKC Economics Summer School will introduce students to this exciting and relevant body of economic theory.

The AFEE/UMKC Economics Summer School, sponsored jointly by the
Association for Evolutionary Economics (AFEE); the University of Missouri - Kansas City; and the Center for Full Employment and Price Stability at the University of Missouri at Kansas City, will provide participants with an introduction to the ideas and modern applications of institutional economics. Taught by leading Institutional Economists, the 2001 Economics Summer School will concentrate on the following topics: Institutional Economics and Economic Change; Global Labor Market Flexibility; Financial Fragility and Globalization; Macroeconomic Policy for 21st Century (How to Combat Recessions); Winners and Losers in the New Economy” and Corporate Capitalism.

The Summer School will be held on the campus of the University of Missouri - Kansas City in Kansas City, Missouri. The dates of this year’s summer school are June 23-28, 2001. Admission is open to graduate students and recent Ph.D.’s. Tuition and room and board will be provided to all participants. AFEE also will make available a number of travel stipends that will cover most of the costs of travel to and from the workshop, if participants take advantage of advance airfare bookings and Saturday stay-overs.  Applications should include four copies of:  a CV; a 1-2 page statement of what each student hopes to get out of the  Economics Summer School and a statement indicating familiarity with   heterodox and Institutional economics. These materials will serve as the application for both the summer school and for the travel stipends.
Send the materials to Professor Charles M. A. Clark at the address below.  AFEE's Graduate Education Committee will screen all applicants and notify participants no later than April 1, 2001.

For more information contact:
Professor Charles M. A. Clark
Department of Economics
St. John’s University
Jamaica, New York 11439
Fax: 718 990 1868
email: cleiroch@aol.com

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