January 2012





Mankind must put an end to war, or war will put an end to mankind... War will exist until that distant day when the conscientious objector enjoys the same reputation and prestige that the warrior does today.

~John F. Kennedy




Table of Contents

EPS News


In Other News

Funding & Employment Opportunities

EPS Publications

Action Corner

Upcoming Events

How Can I Help?



 EPS News 


16th Annual International Conference on Economics and Security


The American University in Cairo is honored to host the 16th Annual International Conference on Economics and Security. The conference aims to provide an opportunity for defense and peace economists from around the world to share ideas and discuss the future developments in the following areas:

  • Security in the Balkan Region
  • European Security
  • Economics of Security
  • Globalization and the restructuring of the MIC
  • Militarism and development
  • Security sector reform
  • Economics of conflict and war
  • Economics of post-conflict reconstruction
  • Economics of arms procurement, trade and offsets
  • Arms races and alliances
  • Peace science
  • Conversion and Demilitarization
  • Economics of Terrorism
  • Technology and Civil Security
  • Disaster Management and Civil Security

You are cordially invited to submit abstracts and papers on these topics. Offers of papers on other related topics are also welcome.


Deadline for submission of abstracts (300 words or less) is March 22, 2012.  Final papers for accepted abstracts are due on May 21, 2012.


For more information about the conference, see



For full details on the call for papers, go to for papers.




EPS at the AEA


Economists for Peace and Security participated in the AEA/ASSA annual meetings in Chicago Illinois, hosting two sessions and our annual dinner, this year honoring Robert J. Gordon.  Audio recordings of both sessions and the dinner are now available.


Session One:
The Economics of Regime Change (Panel discussion)


Session Two:
Sustainability (Panel discussion)

Dinner in honor of Robert J. Gordon, including Dr. Gordon's talk, "Is US Economic Growth Over? Lessons from the Long 20th Century.” 


Audio recordings have been posted at




The Economics of Peace and Security Journal Vol. 7, No. 1 - On Algeria, airlines and the onset of peace 

January 2012


This issue contains articles on Algeria, the global airline industry, the duration of war and the onset of peace, and the final installment of their trilogy on the Austrian school's views on war and peace.



The onset of peace

Ron Smith and Ali Tasiran


Natural resources and military expenditure:The
case of Algeria

Sam Perlo-Freeman and Jennifer Brauner


Terrorism, war, and global air traffic

Jurgen Brauer and J. Paul Dunne


War and the Austrian School: Modern Aus-
trian economists take on aggressive wars

William L. Anderson, Scott A. Kjar, and James D. Yohe


The Journal is a peer-reviewed online publication hosted by EPS-UK. Published twice yearly, it raises and debates all issues related to the political economy of personal, communal, national, international, and global peace and security. Previous contributors include Joseph Stiglitz, James Galbraith, and Lawrence Klein. The Journal’s website also features book reviews submitted by members and subscribers.

EPS members receive a 25% discount on the annual subscription to the Economics of Peace and Security Journal. A regular one-year subscription is $32; for EPS members, it's only $24! Non-subscribers can access the abstracts and contents pages.

For more information about the Journal or to subscribe:

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


Learn more about this issue or subscribe to EPSJ by visiting




EPS raised $65 last year with GoodSearch. The more you use GoodSearch, the more money you can raise for EPS, just by searching the internet or shopping online - at no cost to you. With every search you do, EPS receives a penny; when everyone uses it, the pennies add up.


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EPS now has a group page on LinkedIn. If this is your preferred social network, check in with us.


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American Security Quarterly

Vision, Strategy, Dialogue

January 2012.


American Security Project's new e-magazine is a collection of their board members', fellows' and members' of the Consensus for American Security writings over the last quarter. In the following editions, ASP will be publishing original content as well as a round-up from other key work.


This edition of the American Security Quarterly shows that the last quarter of 2011 was packed with  key issues that are facing the nation.


To read this issue of American Security Quarterly, visit




Climate Change and Your Health: Rising Temperatures, Worsening Ozone Pollution

Union of Concerned Scientists report demonstrates how climate change could increase "bad" ozone, threatening health and economy


"Millions of Americans suffer from the harmful effects of ground-level ozone pollution—be they children too sick to go to school, high school football players not allowed to practice outdoors in the summer, 65-year-olds with lung disease unable to take a walk in the park, or farmers at risk when they harvest their fields.


"Ground-level ozone pollution exacerbates lung diseases such as asthma and can cause breathing difficulties even in healthy individuals.


"Not only does ozone pollution cause a number of serious breathing problems, and therefore a great deal of suffering, it also is damaging in monetary terms. Whether tallying up the dollars lost to sick days or the high costs of emergency-room visits, ozone pollution is expensive."


To read the full report, go to




In Other News


Bill Black's Handy Guide to Bankster Fraud, From "Small Fraudulent Fry" to "Septic Tank Scum," by William K. Black for Alternet, December 20, 2011.

The white-collar criminologist calls out Bush and Obama for not prosecuting financial fraud and demands an end to the free pass for campaign contributors.


"Sixty Minutes' December 11, 2011 interview of President Obama included a claim by Obama that, unfortunately, did not lead the interviewer to ask the obvious, essential follow-up questions.

'I can tell you, just from 40,000 feet, that some of the most damaging behavior on Wall Street, in some cases, some of the least ethical behavior on Wall Street, wasn't illegal.'

"Obama did not explain what Wall Street behavior he found least ethical or what unethical Wall Street actions he believed were not illegal. It would have done the world (and Obama) a great service had he been asked these questions. He would not have given a coherent answer because his thinking on these issues has never been coherent. If he had to explain his position he, and the public, would recognize it was indefensible. I offer the following scale of unethical banker behavior related to fraudulent mortgages and mortgage paper (principally collateralized debt obligations (CDOs) that is illegal and deserved punishment. I write to prompt the rigorous analytical discussion that is essential to expose and end Obama and Bush’s 'Presidential Amnesty for Contributors'  (PAC) doctrine. The financial industry is the leading campaign contributor to both parties and those contributions come overwhelmingly from the wealthiest officers — the one-tenth of one percent that thrives by being parasites on the 99 percent."


William K. Black's entire article can be read here:





Call for papers


Africa Peace and Conflict Journal, June 2012 issue on the theme: Governance and Security in Africa

The Africa Peace and Conflict Journal seeks to provide a vehicle for African scholars, and those focusing on Africa, to publish their views on issues of peace and conflict affecting the continent.
The APCJ deals with peace and conflict issues from a multi-disciplinary and distinctly African perspective. Researchers from any discipline peace and conflict studies, international relations, history, sociology, political science, media studies, law, etc. are invited to submit papers, book reviews and briefings for publication. The APCJ will endeavor to publish articles reflecting a diversity of topics and a diversity of approaches.




For more information about the APCJ, see





Call for papers


The 12th Jan Tinbergen European Peace Science Conference, annual meeting of NEPS has announced a call for papers. 


All abstracts (150-250 words) with tentative title submitted before February 18, 2012 will be considered for the conference. Proposals received after February 18, 2012 will only be considered if any presentation slots are still available.


For more details about this call for papers, visit




Funding & Employment Opportunities 


Doctoral fellowships in economic sociology and political economy


The International Max Planck Research School on the Social and Political Constitution of the Economy (IMPRS-SPCE) is a joint international PhD Program of the Max Planck Institute for the Study of Societies (MPIfG) and the Department of Management, Economics and Social Sciences of the University of Cologne.


The IMPRS-SPCE invites suitable candidates to apply. Applicants must hold a Diploma or a Master's degree in political science, sociology, organization studies or related fields. Deadline for applications is March 15.


For program details, see




EPS Publications 


Pressures on the Paradigm Issue


EPS Quarterly, December 2011. This issue contains summaries of the proceedings from the Pressures on the Paradigm session at the ASSA/AEA annual meetings in Denever Colorado in January 2011, as well as articles from James K. Galbraith, Paul Cantor and Joseph E. Stiglitz


Table of contents

  • From Tunisia to Wall Street: The Globalization of Protest
    Joseph E. Stiglitz
  • Session
    William K. Black
  • Session
    L. Randall Wray
  • Session
    Marshall Auerback
  • Session
    Jan Kregel
  • Closing Remarks
  • The Myths of the Market
    Paul Cantor
  • Europe on the Brink
    James K. Galbraith

Read this issue of EPS Quarterly at




The Piracy Issue


EPS Quarterly, September 2011. The articles in this issue explore the effects of piracy on economics and the possible uses of the discipline of economics on the problem of piracy.


Table of contents

  • Letter from the Director
  • Keeping Pirates At Bay: The Atalanta Mission In The Horn Of Africa
    Renaud Bellais
  • The Economic Cost of Piracy
    Oceans Beyond Piracy Project
  • Governance and Piracy
    Olaf J. de Groot and Anja Shortland

Read this issue of EPS Quarterly at




 Action Corner


Urge Your Legislators to Commit to Nuclear Disarmament


"Let’s help to build a stronger network of legislators in the United States and around the world working for the abolition of nuclear weapons. 


"Legislators play key roles in advancing or blocking nuclear disarmament policies, initiatives and treaties. In order to help achieve progress, legislators need to work not only within their own country, but also in collaboration with legislators in other countries. Parliamentarians for Nuclear Non-proliferation and Disarmament (PNND), a global cross-party network of over 800 legislators in 80 countries, supports and enables legislators to take action on key initiatives.


"Around the world, PNND members are active in promoting the Comprehensive Nuclear Test Ban Treaty; regional nuclear-weapon-free zone treaties (including ones in the Middle East, Northeast Asia, and the Arctic); de-alerting of existing nuclear weapons; reducing/eliminating the role of nuclear weapons in military alliances; divesting public funds from companies involved in the manufacture of nuclear weapons and their delivery systems; and advancing the global abolition of nuclear weapons through a comprehensive treaty or framework of agreements.


"Please help PNND to build membership, contributing to a political climate around the world that will facilitate the abolition of nuclear weapons." 


To sign the online letter that will be sent directly to your legislators, go to


Learn more about PNND at




Get the word out on the topics that matter most to you! The ACLU has a tool that helps write and send letters to local papers. With such a letter, you can help bring your message not only to your neighbors but directly to the offices of your Members of Congress, where staffers and our lawmakers themselves follow opinions from home with an especially watchful eye.

For a list of media outlets by state, with tips on how to write a letter in your own words plus talking points for the listed topics, see 9o8t91.app20a.




Do you have a foreign policy alternative that should be heard in the halls of government? Citizens for Global Solutions provides an easy-to-use tool to find the foreign policy staffer for your Member of Congress.


To access the Foreign Policy Staffer Locator, go to




If you would like to post an EPS flyer on a departmental bulletin board or similar venue, please contact Thea Harvey at




Upcoming Events 


  • March 9 — 11, 2012  Eastern Economic Association 38th Annual Conference will be held at the Boston Park Plaza Hotel, Boston, MA. The Eastern Economic Association is a not-for-profit corporation whose object is to promote educational and scholarly exchange on economic affairs. Towards that end, the Association encourages the freedom of research and discussion.

    Further information about the conference is available at




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