Money Seminar
Winter 2005
March 18, 2005
- Rod O’Donnell will present his paper "Keynes's
Principles of Writing (Innovative) Economics". More details will be
forthcoming. Time & Place TBA
ANNOUNCEMENT:
TWO SEMINARS ON EUROPEAN MONETARY
POLICY BY VISITING PROFESSOR Jörg Bibow (University of Hamburg)
THURSDAY
OCTOBER 9: "The European Central Bank:
How much of a free lunch, really?"
TIME:
11-12:15 Royal Hall
204
This
talk will be aimed at a general audience, and will be based on the following
materials (available at WWW.Levy.Org):
http://www.levy.org/docs/wrkpap/papers/379.html
http://www.levy.org/docs/wrkpap/papers/338.html
http://www.levy.org/docs/wrkpap/papers/334.html
FRIDAY
OCTOBER 10: “Pushing Germany off the cliff edge"
TIME:
3-5:00 PM Haag 212
This
presentation is part of the Department’s monthly Money Seminar series, and
will be based on the following materials (WWW.Levy.Org):
http://www.levy.org/docs/ppb/ppb67.pdf
http://www.levy.org/docs/wrkpap/papers/379.html
http://www.levy.org/docs/pn/03-4.html
Jörg
Bibow
Visiting
Professor Jörg Bibow is conducting research on central banking and financial
systems. His research focuses on the effects of monetary policy on economic
performance, especially the monetary policies of the Bundesbank and the European
Central Bank. This work builds on Bibow's earlier research on the monetary
thought of John Maynard Keynes. He received a bachelor's degree (with honors) in
economics from the University of the Witwatersrand; a diplom-volkswirt from the
University of Hamburg; and master's and doctoral degrees in economics from the
University of Cambridge. He lectures at the University of Hamburg on central
banking and European integration.
FIFTH MEETING OF THE MONTHLY MONEY SEMINAR
TOPIC: IS
EUROLAND THE NEXT ARGENTINA?
FRIDAY
APR 25, 3-5 PM, ROYAL HALL 204
Sggested Readings:
1.
“Is
Euroland the next Argentina”, L.R.Wray, available at www.cfeps.org/pubs/wp/wp23/wp23.html
2.
“Convergence
Going in, Divergence Coming Out: Default Risk Premiums and the Implications for
Stabilization in the Eurozone”, S. Bell, available at www.cfeps.org
ANNOUNCING
THE SIXTH MEETING OF THE MONTHLY MONEY SEMINAR
FACILITATED
BY PROFESSORS BELL AND WRAY, WITH GUEST ARTURO HUERTA, VISITING PROFESSOR
TOPIC: FINANCIAL INSTABILITY
PARTICULARS: FRIDAY APR 19, 3-5 PM, ROYAL HALL 204
Suggested Readings:
1.
Mexico: Strong Currency and Weak Economy, by Arturo
Huerta (Copy available in Department office, or send email to: huertaa@umkc.edu)
2. "East
Asia Is Not Mexico: The Difference between Balance of Payments Crises and Debt
Deflations," Working Paper No. 235, May 1998, by Jan
A. Kregel (Available at www.levy.org,
or in Department office)
3. Hyman Minsky: “Global Consequences of Financial
Deregulation”, Washington University Working Paper #96, September 1986
(Available in Department Office)
FIFTH MEETING OF THE MONTHLY MONEY SEMINAR
TOPIC: IS
EUROLAND THE NEXT ARGENTINA?
FRIDAY
APR 25, 3-5 PM, ROYAL HALL 204
Suggested Readings:
1.
“Is
Euroland the next Argentina”, L.R.Wray, available at www.cfeps.org/pubs/wp/wp23/wp23.html
2.
“Convergence
Going in, Divergence Coming Out: Default Risk Premiums and the Implications for
Stabilization in the Eurozone”, S. Bell, available at www.cfeps.org
FOURTH MEETING OF THE MONTHLY MONEY SEMINAR
TOPIC: UNDERSTANDING MODERN MONEY
FRIDAY, March 21, 3-5 PM, ROYAL HALL 204
Readings: 1. Bell and Henry: "Hospitality versus Exchange" 2. Lewis Henry Morgan: Ancient Society, especially Chapter 1:"Ethnical Periods", for further reading: Part II, Chapters 2-5 (On the Iroquois)
3. Dalton: "Barter" in Journal of Economic Issues, March 1982, 181-191. For further reading: Economic Anthropology and Development, especially
Chapter 6: "Primitive Money"
Friday November 22, 3-5 pm,
RH 204
Third Meeting
of the Monthly Money Seminar, Fall 2002
GUEST SPEAKER: MALCOLM SAWYER,
Visiting Professor and Professor of Economics
at the University of Leeds
TOPIC: '"Can Monetary Policy Affect the
Real Economy?"
A related paper is: Arestis, P. and Sawyer, M.C.
(2002a), "The Bank of England Macroeconomic Model: Its Nature and Implications",
Journal of Post Keynesian Economics, 24(4), 529-545.
This is available on the web site www.leeds.ac.uk/MKB/MalcolmSawyer.
ANNOUNCING
THE SIXTH MEETING OF THE MONTHLY MONEY SEMINAR
FACILITATED
BY PROFESSORS BELL AND WRAY, WITH GUEST ARTURO HUERTA, VISITING PROFESSOR
TOPIC: FINANCIAL INSTABILITY
PARTICULARS: FRIDAY APR 19, 3-5 PM, ROYAL HALL 204
Suggested Readings:
1.
Mexico: Strong Currency and Weak Economy, by Arturo
Huerta (Copy available in Department office, or send email to: huertaa@umkc.edu)
2. "East
Asia Is Not Mexico: The Difference between Balance of Payments Crises and Debt
Deflations," Working Paper No. 235, May 1998, by Jan
A. Kregel (Available at www.levy.org,
or in Department office)
3. Hyman Minsky: “Global Consequences of Financial
Deregulation”, Washington University Working Paper #96, September 1986
(Available in Department Office)
Friday, May 24,
3 - 5 pm, Royal Hall 204
Seventh
Meeting of the Monthly Money Seminar
Facilitated by Professors Stephanie
Bell and L.R.
Wray
Open to All Students and Faculty
TOPIC:BACKWARD
THINKING ABOUT MONEY
A
PRESENTATION BY PROFESSOR WILLIAM
MITCHELL
THE
CENTRE OF FULL EMPLOYMENT AND EQUITY, UNIVERSITY
OF NEWCASTLE, AUSTRALIA
Friday, March 8, 3-5 pm, Royal Hall 204
Fifth Meeting of the Monthly Money Seminar
Topic: The Monetary Circuit
Discussion will be led by Visiting Professor,
Dr. Giuseppe Fontana, Economics, LUBS, University
of Leeds,
Leeds, United Kingdom
Suggested Readings:
1. The theory of the monetary circuit,
by Augusto Graziani, Thames Papers, Spring 1989.
(available in
Department Office)
2. Post
Keynesians and Circuitists on Money and Uncertainty: an Attempt at Generality,
by Giuseppe
Fontana, Journal of Post Keynesian Economics, Fall 2000,
Vol. 23, No. 1, pp. 27-48.
(available also in Department Office or by e-mail:
gf@lubs.leeds.ac.uk).
Open to All Students and Faculty
Sponsored by the Center for Full Employment
and Price Stability
Friday February 8, 3-5 pm., Royal Hall
204
MEETING OF THE FOURTH MONTHLY MONEY
SEMINAR
TOPIC: CURRENCY BOARDS
Suggested Readings:
1. The case against currency boards: debunking
10 myths about the benefits of currency boards, by Nouriel Roubini, available
at: www.stern.nyu.edu/globalmacro/CurrencyBoardsRoubini.html
2. Exchange Rate Regimes and Policy Choices: Why
do Nations Choose Currency Boards?, by Stephanie Bell, available in
Department Office or by email (send request to bellsa@umkc.edu)
ANNOUNCING
THE THIRD MEETING OF THE MONTHLY MONEY SEMINAR
FACILITATED
BY PROFESSORS BELL AND WRAY
TOPIC: BABYLONIAN MADNESS
PARTICULARS: SUNDAY NOVEMBER 11, 2-4 PM, ROYAL HALL
204
Suggested Reading: Public-Sector vs. Individualistic
(and Debt vs. Barter) Theories of the Origins of Money
by Michael Hudson
MONEY
SEMINAR
FACILITATED
BY PROFESSORS BELL AND WRAY
TOPIC:
THE NATURE OF MONEY AND ITS HISTORICAL AND SOCIOLOGICAL ORIGINS
PARTICULARS:
FRIDAY OCTOBER 12, 3-5 PM, ROYAL HALL 204
Suggested
Readings:
1.
Mitchell-Innes, Alfred. "The Credit Theory of Money", Banking
Law
Journal, 1914
2.
Bell, Stephanie A. "The
Role of the State and the Hierarchy of
Money",
Cambridge Journal of Economics, Vol. 25, no. 2, March 2001
3.
Ingham, Geoffrey. "Babylonian Madness: On the Historical and
Sociological
Origins of Money", in What is Money?, ed. John Smithin,
2000.
Friday, September 14, 1-3 pm. Royal Hall
204
Exogenous Money, Endogenous Money, and the Debate Between Horizontalists
and Structuralists
