April 2013


The day is not far off when the economic problem will take the back seat where it belongs, and the arena of the heart and the head will be occupied or reoccupied, by our real problems — the problems of life and of human relations, of creation and behavior and religion.

~John Maynard Keynes





Table of Contents

EPS News

In Other News


Funding & Employment Opportunities

EPS Publications

Action Corner

Upcoming Events

How Can I Help?



EPS News


17th Annual International Conference on Economics and Security, Stockholm, June 14 — 15, 2013 


SIPRI (Stockholm International Peace Research Institute) is pleased to announce the 17th Annual International Conference on Economics and Security. The conference is co-organized by SIPRI and Economists for Peace and Security. The conference program will include research papers selected based on the call for proposals, with  a mix of plenary sessions and parallel workshop streams on particular research areas. Some of these sessions will seek to bring together SIPRI researchers and conference participants on issues related to SIPRI’s areas of research. 


Further information about the conference can be found here:




The Financial Legacy of Iraq and Afghanistan: How Wartime Spending Decisions Will Constrain Future National Security Budgets

A Working Paper by EPS Fellow Linda Bilmes


The Iraq and Afghanistan conflicts, taken together, will be the most expensive wars in US history — totaling somewhere between $4 and $6 trillion. This includes long-term medical care and disability compensation for service members, veterans and families, military replenishment, and social and economic costs. The largest portion of that bill is yet to be paid. Since 2001, the US has expanded the quality, quantity, availability and eligibility of benefits for military personnel and veterans. This has led to unprecedented growth in the Department of Veterans Affairs and the Department of Defense budgets. These benefits will increase further over the next 40 years.


Additional funds are committed to replacing large quantities of basic equipment used in the wars and to support ongoing diplomatic presence and military assistance in the Iraq and Afghanistan region. The large sums borrowed to finance operations in Iraq and Afghanistan will also impose substantial long-term debt servicing costs. As a consequence of these wartime spending choices, the United States will face constraints in funding investments in personnel and diplomacy, research and development, and new military initiatives. The legacy of decisions taken during the Iraq and Afghanistan wars will dominate future federal budgets for decades to come.


Read the full paper at:




EPS Quarterly is celebrating 25 years


The current issue of EPS Quarterly celebrates its Silver Anniversary


Volume 1, Number 1, published in spring of 1989, noted that our young organization had over 100 members in five countries. EPS now has over 1000 members in 52 countries. That first issue also announced our first international affiliate; today, there are EPS affiliates in 16 countries.


Over the last 25 years, our organization has brought you not only news of EPS, but also thought-provoking articles, sometimes devoting entire issues to specific topics.


While much has changed in the last 25 years, the need for rigorous economic peace research and substantive exploration of security issues remains.


In commemoration of this Silver Anniversary of the EPS Quarterly, all of our available newsletters from the past 25 years have been posted on our website. Please enjoy them at




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In Other News


Obama's New Treasury Secretary Pushes Austerity That Spreads Global Misery 

Lew spends Spring Break in Europe with fellow austerity hawks who promote harmful economic nonsense.

By William K. Black, April 10, 2013, for Alternet


"The two most revealing sentences about the gratuitous Eurozone disaster — the creation of the deepening über-Depression — were reported today.   The context (rich in irony) is that US Treasury Secretary Lew spent his Spring Break in Europe meeting with his counterparts.  The Wall Street Journal article’s title explains Lew’s mission and its failure: US Anti-Austerity Push Gets Cool Reception in Europe.’ Here are the sentences that capture so well why Germany’s destructive economic policies caused the über-Depression:  ‘Nobody in Europe sees this contradiction between fiscal policy consolidation and growth,’ said Mr. Schäuble. ‘We have a growth-friendly process of consolidation.’


"Wolfgang Schäuble is Germany’s finance minister.  ‘Fiscal consolidation’ is his euphemism for austerity.  ‘Austerity’ is an infamous word to tens of millions of Europeans. ‘Growth-friendly’ is his euphemism for causing the über-Depression.  I have explained in a recent column that current unemployment rates in the European periphery are often multiples of the average unemployment rates in large European nations from 1930-1938.  Current unemployment rates in the UK and France are broadly comparable to their average unemployment rates in 1930-1938."


The entire article can be read here:




For the price of the Iraq War, the US could have gotten halfway to a renewable power system 

April 8, 2013 by Casey Danson, Global Possibilities


"Discussions of how to respond to climate change often involve Very Large Numbers — the needed investments to transition to a fully renewable energy system are in the hundreds of billions. The brain sort of shuts down when it encounters numbers like that. They are too big to fathom. The one thing that does seem true about them is that nobody’s ever going to spend that kind of money on anything. Right? It seems hopeless.


"So I always enjoy it when someone comes along to provide some perspective, a comparison that can give us context and help us see the numbers afresh. Today, wind analyst Paul Gipe asks, how much renewable energy could we have gotten from what we spent on the Iraq War?


"The total cost of the Iraq War, including future costs to care for veterans, is $2.2 trillion. If we include the interest we have to pay on the debt we used to finance the war, that figure rises to $3.9 trillion by 2053."


The full article is available at




Call for Papers: Leadership for Peace and Prosperity


The University of San Diego's Ahlers Center for International Business and the Center for Peace and Commerce, along with the Institute for Economics and Peace, invite paper submissions for the 2013 Leadership for Peace and Prosperity Conference, to be held at the University of San Diego on October 3—5, 2013.


This conference provides a forum for sharing best practices, research and insight on the dynamic nexus of conflict, violence, sustainable peace and business. Papers will be considered that present theoretical and applied, empirical research on the following broad topics (including but not limited to): peace and business, recognizing the economic and social benefits of peace, the role that business can play in developing a more peaceful society and contributing toward peace, conducting business in zones of conflict and post-conflict areas, how managers balance corporate risk exposure in conflict-sensitive zones, business benefits of peace, how business contributes to social resilience and/or less violence in their service communities, peace metrics, and current practices of involving business in peace efforts.


The goal of this conference is to have both business practitioners and academics come together to discover and discuss ideas related to the nexus between business and sustainable peace. Business has an important role in securing a peaceful society; similarly, the existence of conflict or violence can impact the viability and sustainability of business. To encourage the inclusion of these topics in the classroom, cases on peace and prosperity — from various academic disciplines including those in management, development, peace economics and peace studies — are encouraged and will be eligible for the teaching case awards.


For more information about this call for papers, see




Call for papers: Second Annual International Association for Peace and Conflict Studies Conference: Peace is Power

The Conference will be held at the Humanitarian and Conflict Response Institute, University of Manchester, UK

Power is under-discussed in relation to peace, peacebuilding, and statebuilding, yet it often shapes the types of, and extent of, peace and its architecture. State-centric perspectives of power still predominate in International Relations, as do views of power linked to physical violence, official institutions, and the Weberian state. Power and its relationship with peace is rarely made explicit, let alone disaggregated. There is often something mysterious about these notions of power as they rest on vague — yet persistent and widely respected — notions of interests and sovereignty, markets, institutions and legitimacy, or rights and needs. Away from these official perspectives, power can be hidden and unseen. It often operates at the sub-state level, circulating through different types of local or subaltern, and often critical, agency. Recent interest in local agency, hybrid forms of peace, resistance, and resilience make it necessary to engage more fully with the concept of power, and with power-relations, in peace and conflict studies.  


Details on this call for papers are at





The Association for the Study of the Cuban Economy has launched a new Blog.
Edited by Ernesto Hernández-Catá and Luis R. Luis 


ASCE has decided to launch its very own blog, a project headed up by Luis Luis and Ernesto Hernández-Catá.  The blog is hosted on the ASCE website and features economic analysis by a revolving cadre of ASCE members.


This blog consists of commentary and analysis on current events in the Cuban economy by members and friends of the Association for the Study of the Cuban Economy.


Visit the blog here:




Exactly Where Your 2012 Taxes Went
National Priorities Project Tax Day


On April 15, 2013, your federal income tax return is due to the IRS. Have you ever wondered where all that money goes? Here's how the federal government spent each one of your income tax dollars in 2012:


Tax Day 2013



For more details, go to




Funding & Employment Opportunities 


Master of Arts in Conflict Analysis and Reconciliation
Sarajevo School of Science and Technology

Sarajevo, Bosnia and Herzegovina


The Political Science and International Relations Department of SSST University has launched a new Master’s Program in Conflict Analysis and Reconciliation (CAR). The program will offer students a unique and highly interdisciplinary approach to understanding and analyzing intergroup conflicts.


Students will be taught by highly respected Bosnian and international scholars who will provide them with a comprehensive and experiential understanding of the processes and conditions leading to various types of intergroup conflicts (ethnic, religious, communal, political etc.) and of conflict resolution techniques, as well as post-conflict related processes such as power sharing, justice and reconciliation. The issues will be analyzed and discussed from a multi-disciplinary perspective ranging from political philosophy, political science and international law to social psychology. Studying conflict in a post-conflict setting such as Sarajevo will provide students with a first-hand perspective and direct understanding of challenges and issues, while discussing and integrating theory, research and practical approaches.


More information about the master's program is available here:




EPS Publications 


EPS Quarterly, December 2012 — The Fiscal Cliff Issue


This issue contains summaries of the proceedings from The EPS/Bernard Schwartz Symposium Who's Afraid of the Fiscal Cliff?  held at the Hyatt Regency Capitol Hill, Washington DC on November 13, 2012. The Symposium was organized by Economists for Peace and Security and co-sponsored by The New America Foundation.

Table of contents

  • Session One: On the Cliff
  • Session Two: On the Military Sequester
  • Session Three: Essential Priorities – Social Security, Medicare, Medicaid, and Infrastructure

Read this issue of EPS Quarterly at




EPS Quarterly, September 2012 — The Inequality Issue


The issue of inequality was key in the 2012 US presidential race. Should we be taxing the very rich more, or giving them tax breaks? Whom should we tax and how much, in order to create jobs — the point of job creation being (presumably) to lower inequality? 

Table of contents

  • America's prosperity requires a level playing field
    Joseph Stiglitz
  • The Complex Ties among Poverty, Development, and Security
    Terra Lawson-Remer
  • Group Inequality and Conflict: Some Insights for Peacebuilding
    Michelle Swearingen
  • Inequality: A few comments from the front lines
    James K. Galbraith
  • With Income Inequality Comes Violence
    US News Staff

Read this issue of EPS Quarterly at




The Economics of Peace and Security Journal, Vol. 7, No. 2  On Afghanistan, Rwanda, Punjab - July, 2012



Does development assistance reduce violence? Evidence from Afghanistan 

Chou, Tiffany

Intimate partner violence, female employment, and male backlash in Rwanda

Finnoff, Kade

Designing institutions for global security

Gupta, Rupayan

Insurgency, crime, and agricultural labor expenditure: Evidence from Punjab, 1978-1990

Singh, Prakarsh

Analyzing the costs of military engagement

De Groot, Olaf J.


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.


The issues for Vol. 8 (2013) will be for April and October.

For more information about the Journal or to subscribe:

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


Learn more about this issue of the Journal by visiting




 Action Corner


Support a world free of nuclear weapons 


"In his first years in office, President Obama made it clear that taking steps toward deep reductions and eventual elimination of nuclear weapons was close to his heart.


"In April 2009, he delivered a major speech in Prague, Czech Republic, endorsing steps toward a world without nuclear weapons.


"He followed words with action by hosting a Nuclear Summit in Washington DC, which established the goal of safeguarding or eliminating all nuclear materials in four years. The agreement with Russia on New START, the nuclear reductions agreement, was the capstone to his first term agenda.


"With competing second term priorities that include immigration, gun control, the federal budget deficit, Middle East Peace and much more, the President has to be reminded of his opportunity to extend his legacy on nuclear weapons issues and move the US decisively away from a Cold War mentality."


To encourage the President to continue this mission, see




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Upcoming Events 


  • April 17 — 19, 2013 22nd Annual Hyman P. Minsky Conference: Building a Financial Structure for a More Stable and Equitable Economy will be held at the Ford Foundation, New York, NY.

    It’s time to put global finance back in its proper place as a tool to achieving sustainable development; this means substantial downsizing, careful reregulation, universal social protections, and an active, permanent employment-creation program. Therefore, the 2013 Minsky Conference will address both financial reform and poverty in the context of Minsky’s work on financial instability and his proposal for a public job guarantee.

    Find out more about the conference at
  • May 24 — 25, 2013 The Eurasian Peace Science Conference will be held at Koc University, Istanbul, Turkey, hosted by the Center for Conflict Studies.

    For more information about the conference, visit
  • June 13  15, 2013 The 17th Annual International Conference on Economics and Security will be held at SIPRI, Stockholm, Sweden.

    The conference program will include research papers selected based on the call for proposals, with a mix of plenary sessions and parallel workshop streams on particular research areas. Some of these sessions will seek to bring together SIPRI researchers and conference participants on issues related to SIPRI’s areas of research.

Further details about the conference can be found at

  • June 15 — July 13, 2013 The 2013 Bologna Symposium on Conflict Prevention, Resolution, and Reconciliation will be hosted by the International Peace & Security Institute in Bologna Italy.

    In cooperation with the Johns Hopkins University Paul H. Nitze School of Advanced International Studies (SAIS), the 2013 Bologna Symposium will bring together the globe’s brightest minds from top graduate institutions, NGOs, international organizations, grassroots peace movements, and the armed services. Participants 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 about the symposium, go to
  • June 19 — 21, 2013 The Fifth International Conference on Conflict Management, Peace Economics and Peace Science will be held at Bloemfontein, South Africa.

    For more information, contact Manas Chatterji at
  • June 24  26, 2013 The 13th Jan Tinbergen European Peace Science Conference will be held in Milan, Italy.

    The Jan Tinbergen Conference is interdisciplinary. Presentations that address any issue relating to peace and security broadly defined are welcome. As in the past, the conference strives for a multi-disciplinary program comprising contributions with a wide range of theoretical and methodological approaches, including strictly theoretical work, game theory and formal modeling, statistical and econometric analysis, qualitative studies, and experiments.

    Find out more about the conference when you visit
  • July 20 — August 17, 2013 The 2013 Hague Symposium on Post-Conflict Transitions & International Justice will be hosted by the International Peace & Security Institute in The Hague, The Netherlands.

    Participants will undergo intensive training from 25 of the field’s premier political leaders, academic experts, practitioners, and advocates in the skills necessary to holistically restructure a post-conflict society, as well as serve justice to those responsible for human rights violations. Participants will gain a broad understanding of concepts, controversies, and institutions in this emerging field, as well as critically examine historical and contemporary justice interventions through direct interactions with the actual decision makers.

    For more information, see
  • September 17 — 18, 2013 Peace and Conflict: an International Interdisciplinary Conference hosted by The Conflict Research Society at the University of Essex, UK.

The CRS is an interdisciplinary forum linking professionals and academics concerned with co-operation and conflict and provides a meeting point for sharing their work. The conference embraces theory, evidence and practice, inviting presentation and discussion. It seeks to bring together developments in the "real" world and developments in academic understanding — topical issues and enduring issues. Moreover, it recognizes the existence of disagreement: concepts, theories and approaches can be contested.

The 2013 conference carries forward the work of the annual conferences running since 2003. Tuesday and Wednesday constitute the "core" of the conference and follow the pattern of previous years (Streams A to D). Thursday, repeating last year’s innovation, is for those who have a special interest in the scientific study of peace and conflict.

Fiind out more about the conference at

For details about the conference, email




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