March 2012






Nonviolence means avoiding not only external physical violence but also internal violence of spirit. You not only refuse to shoot a man, but you refuse to hate him.


~Martin Luther King, Jr.




Table of Contents

EPS News

In Other News

Funding & Employment Opportunities


EPS Publications

Action Corner

Upcoming Events

How Can I Help?



EPS News 


EPS Netherlands/Belgium affiliate has launched its new website.

The EPS European portal is evolving with more European affiliate websites coming soon.


The Dutch-Flemish Affiliation of Economists for Peace and Security (EPS NL/FL) is a cooperation of Dutch and Flemish economists. It was founded in 1990 by Nobel Prize Laureate in economics Jan Tinbergen.


It emphasizes the relationships between economy and peace in the conviction that knowledge of these relationships, and the desire to act accordingly, are essential conditions for sustainable peace.


EPS is part of a global community of experts on the economics of military affairs, research and policy institutes, grass-roots and grass-tops activists, and working groups on peace and security policy. Among them are Nobel Prize Laureates in economics Kenneth Arrow, Lawrence Klein, Amartya Sen, Robert Solow and Joseph Stiglitz.


Visit the new website here:




Economists Issue Statement on Capital Controls and the Trans-Pacific Partnership Agreement

Signed by several EPS fellows and members


Initiated by the Global Development and Environment Institute of Tufts University (GDAE) and the Washington DC-based Institute for Policy Studies (IPS), this economist statement calls for negotiators of the Trans-Pacific Partnership Agreement to recognize that capital controls are legitimate prudential financial regulations that should not be subject to investor claims under trade and investment treaties.


Following a number of official and academic findings that show capital controls are legitimate tools to prevent and mitigate financial crises, an increasing number of governments around the world are using capital controls and other macro-prudential measures in responsible ways to deal with heightened international financial instability. 


Meanwhile, the Obama administration is negotiating the “Trans-Pacific Partnership Agreement” with the nations of Australia, Brunei, Chile, Malaysia, Peru, Singapore, New Zealand, and Vietnam. The treaty has been hailed by the Obama administration as one that will right past wrongs and be a trade agreement “for the 21st century.” It is imperative that 21st century trade agreements leave all nations with the tools to prevent and mitigate financial crises.


Read the full statement at




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 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



Full details on the call for papers are at




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Don't forget EPS is on Facebook. Become a fan and keep up with our latest activities and upcoming events.


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


Keep up with EPS at






United Nations World Youth Report
Youth Employment: youth perspectives on the pursuit of decent work in changing times...


In the aftermath of the economic crisis, the global youth unemployment rate saw its largest annual increase on record in 2009, resulting in around 75.8 million unemployed youth.


For the first time, inputs gathered from young people around the world through an extensive online consultation form the core of the World Youth Report, entitled Youth Employment: Youth Perspectives on the Pursuit of Decent Work in Changing Times.


The report, published by the UN Department of Economic and Social Affairs (UNDESA), also outlines the situation of young people in the labor market and youth employment trends.


The report reveals that young people are worried about the quality and relevance of their education, as mentioned by Amadou, a 24-year-old man from Senegal: “Today it should be easier to find a job because our generation is the most educated, but there is inadequacy between the training offered and the needs of the labor market.” Other subjects of concern include job vulnerability, labor migration, delayed marriage, and the rural divide, as well as age, gender and racial discrimination.


Read the full report here:




The Center for Climate and Security


The Center for Climate and Security provides policy analysis, consolidates existing reports into short, policy-ready documents, facilitates policy development processes and dialogues, and conducts research in the climate and security field. The Center for Climate and Security works on independent projects and provides consulting services for clients.


The Center for Climate and Security explores the security risks of climate change, at the sub-national, national, regional, and international levels, and offers solutions for mitigating those risks.


Find out more about The Center for Climate and Security by visiting




In Other News 


The Economic Consequences of War on the US Economy

A new report by The Institute for Economics & Peace


The Institute for Economics & Peace is pleased to announce the release of a new report that analyzes the macroeconomic effects of US government spending on wars and the military. 


The Economic Consequences of War on the US Economy examines five periods — World War II, the Korean War, the Vietnam War, the Cold War, and the Afghanistan/Iraq wars — highlighting the effect on seven macroeconomic factors: debt, consumption, investment, jobs, taxes, government deficits and inflation. 


The full report is available at




Don’t Bank on the Bomb

The Financing of Nuclear Weapons Producers


A groundbreaking report released on March 5, 2012 by the International Campaign to Abolish Nuclear Weapons (ICAN) identifies more than 300 banks, pension funds, insurance companies and asset managers in 30 countries with substantial investments in nuclear arms producers. The 180-page study, Don’t Bank on the Bomb: The Global Financing of Nuclear Weapons Producers, provides details of financial transactions with 20 companies that are heavily involved in the manufacture, maintenance and modernization of US, British, French and Indian nuclear forces.


For more information or to download the full report, see




Call for papers

Africa Peace and Conflict Journal, June 2012 Issue: 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 of 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, visit




Funding & Employment Opportunities 


Institute for Economics & Peace Internship opportunity – Outreach and Events Intern


The Institute for Economics and Peace (IEP) seeks a part-time outreach and events intern to assist in the operations of the NYC office. IEP is an independent, non-partisan, non-profit research organization dedicated to shifting the world’s focus to peace as a positive, achievable, and tangible measure of human wellbeing and progress. It develops new conceptual frameworks to define peacefulness; provides metrics for measurement; uncovers the relationship between peace, business, and prosperity; and promotes a better understanding of the social, economic, and political factors that drive peacefulness.


IEP’s research is used by governments, academic institutions, think tanks and NGOs worldwide, and by intergovernmental institutions such as the OECD, the United Nations and the World Bank. IEP conducts research, develops educational resources, generates dialogue, and publicizes the output of its activities with a view to impacting the public agenda. It produces the US and Global Peace indexes, which measure levels of peacefulness at the national, regional, and local levels.


Find out more about the internship at xgs=1&xg_source=msg_share_topic.




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 Germany.


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.


Program details are posted here:
 Hiring for Many Positions (including International Campaign Directors) is a rapidly expanding, profitable social venture growing by hundreds of thousands of members a month and empowering people across the globe to win social action campaigns on a wide range of issues such as human rights, global poverty, and environmental protection.


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EPS Publications


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




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 January 2011ASSA/AEA annual meeting in Denver Colorado, 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 Articles:
    William K. Black

    L. Randall Wray
    Marshall Auerback
    Jan Kregel
  • Closing Remarks
    James K. Galbraith
  • 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 not only the effects of piracy on economics, but also how the discipline of economics applies to underlying conditions that give rise to 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

The September 2011 issue of EPS Quarterly is available here:




 Action Corner


Global Day of Action on Military Spending 

Cut Global Military Spending Now!


On April 17, 2012, people all over the world will join for the second Global Day of Action on Military Spending.


The current economic crisis has put pressure on the world’s governments to reduce spending on critical human needs: confronting climate change, battling deadly diseases, achieving the Millennium Development Goals. Apart from a few courageous exceptions, however, national governments continue to waste enormous resources on the military.  Figures from the 2011 Stockholm International Peace Research Institute (SIPRI) annual report show that the world’s governments are spending more than ever on the military: $1,630 billion per year and rising. If spent differently, this money would go a long way to resolving the real challenges facing our planet.


For more information on how to participate, visit




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 23 — 25, 2012  The Economics of Happiness Conference, hosted by the International Society for Ecology and Culture (ISEC), will be held at the David Brower Center in Berkeley, California. The conference will offer clarity on the way forward to more truly sustainable ways of living and will address many of the themes explored in ISEC’s new documentary film, The Economics of Happiness.

    More details about the conference and the film are listed here:
  • March 29 — 30, 2012  Maastricht School of Management and Club de Madrid International Workshop: Can the Economics of Shared Societies Support More Resilient Economies and Global Sustainability? Challenges and opportunities in an interdependent world.

    For more information about the workshop, see
  • June 16 — July 14, 2012 The 2012 Bologna Italy Symposium on Conflict Prevention, Resolution & Reconciliation will be hosted by The International Peace and Security Institute in cooperation with Johns Hopkins University Paul H. Nitze School of Advanced International Studies (SAIS), the Symposium will bring together the globe’s brightest young minds from top graduate institutions, NGOs, international organizations, grassroots peace movements, and the armed services. Over a four-week period, from June 16 — July 14, participants will undergo intensive training by the field’s premier political leaders, academic experts, practitioners, and advocates in the practical skills necessary to foster peace and security in their communities and the world.

    To learn more or to apply for the Symposium, visit
  • June 21 — 22, 2012  The sixteenth International Conference on Economics and Security will be held in Cairo, Egypt, hosted by Economists for Peace and Security (Egypt), and the American University in Cairo.

    A timeline for the conference is available at Deadlines.

    For more details contact
    Hamid E. Ali
  • June 22 — July 13, 2012  Summer conflict resolution course/study tour of Bosnia and Herzegovina. The program will focus specifically on the roots of conflict and the dynamics of justice, reconciliation, and peacebuilding as experienced in Bosnia more than a decade after the signing of the peace accord.

    To find out more or apply, visit
  • June 25 — 27, 2012  The 12th Jan Tinbergen European Peace Science Conference, and annual meeting of NEPS, will be held at the DIW Berlin, Department of Development and Security, Mohrenstr. 58, 10117 Berlin, Germany.

    Details about the conference can be found here:
  • June 29 — July 3, 2012  The 87th annual Western Economics Association International conference will be held in San Francisco, California at the Hilton San Francisco Union Square.

    Find out more and/or register for the WEAI conference at
  • July 21 — August 18, 2012 The Hague Symposium on Post-Conflict Transitions & International Justice will be hosted by The International Peace and Security Institute in partnership with the Clingendael Institute of International Relations. The Symposium will be held in The Netherlands, and will bring together 60-80 of the world’s brightest young minds from top law schools, graduate institutions, international organizations, judiciaries, grassroots justice movements, and the military. Over a four-week period, participants will undergo intensive training from the field’s premier political leaders, academic experts, practitioners, and advocates in the skills necessary to holistically restructure a society after the cessation of violent conflict and/or authoritarian rule, as well as bring those responsible for human rights violations to justice. Participants will gain a broad understanding of this emerging field, including concepts, controversies, and institutions, as well as critically examine the historical and contemporary uses of different justice interventions through direct interactions with the actual decision makers. 

    For more information or to apply for the symposium, see




How Can I Help? 


Become a member of EPS. Your annual membership entitles you to discounts on publications, invitations to events, our informative newsletters, and more. Most importantly, by joining us you help to ensure that reasoned perspectives on essential economic issues continue to be heard. Membership dues and other donations are fully tax-deductible.


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