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In the long run men inevitably become the victims of their wealth. They adapt their lives and habits to their money, not their money to their lives. It preoccupies their thoughts, creates artificial needs, and draws a curtain between them and the world.
Table of Contents
· EPS News
· In Other News
· Funding & Employment Opportunities
· EPS Publications
· Action Corner
· Upcoming Events
· How Can I Help?
Michael D. Intriligator Memorial
Michael D. Intriligator (February 5, 1938 – June 23, 2014) was an American economist at the University of California at Los Angeles, where he was Professor of Economics, Political Science, and Policy Studies, and Co-Director of the Jacob Marschak Interdisciplinary Colloquium on Mathematics in the Behavioral Sciences. In addition, he was a Senior Fellow at the Milken Institute in Santa Monica, a Senior Fellow of the Gorbachev Foundation of North America in Boston, a Foreign Member of the Russian Academy of Science, and a Fellow of the American Association for the Advancement of Science. He received his Ph.D. in Economics at MIT in 1963 and the same year joined the UCLA Department of Economics.
His research interests included econometrics, health economics, reform of the Russian economy, and strategy and arms control. Dr. Intriligator served on the Research Committee of the Institute for Economics and Peace and on the United States Institute for Peace International Network for Economics and Conflict. Intriligator was co-founder and co-editor of the Handbooks in Economics series with Kenneth Arrow, as well as editor of Advanced Textbooks in Economics; the Handbook of Econometrics; the Handbook of Mathematical Economics; and was on the editorial boards of Economic Directions, Defense and Peace Economics; and Conflict Management and Peace Science.
Mike was Vice-chair of EPS from 1996 until 2012, and a trustee of our organization from 2013 until his death. More than that, he was a beloved colleague, a huge inspiration, and an unflagging supporter and fundraiser for EPS.
Mike's interests were wide and varied: He loved to travel, he enjoyed meals with friends and family, and had a passion for classical music. He also seemed to know everyone. Whenever we needed an introduction, Mike would say that he had edited an article with someone, or met them at a conference recently. He is sorely missed among our staff and membership.
Intriligator also loved teaching and often went out of his way to support and mentor young economists. After his death, his family requested donations be made to EPS so that a fund could be established to support students who wish to build a career in peace economics.
We are proud to announce the Michael D. Intriligator Memorial Student Fund. This annual award will assist one promising graduate student in economics or a related field to attend our Annual International Conference on Economics and Security. The student will be invited to give a paper and be presented to the attendees in a plenary session. Travel expenses to the conference and registration fees will be covered.
The conference, which recently celebrated its 20th anniversary, addresses issues relating to peace and security broadly defined. We strive for a multi-disciplinary program comprising contributions with a wide range of theoretical and methodological approaches. Presenters at the conference are a mix of established professionals and graduate students. Part of our mission is to offer economists and up-and-coming economists an opportunity for presentation and publication; in this way we help to promote peace economics as an economic specialty.
hope that you will join us in continuing to honor Michael D. Intriligator's legacy of dedication to the field of
economics, the idea of peace, and the mentoring of the next generation, by
donating to the Fund.
Call for Papers - 21st Annual Conference on Economics and Security
The 21st Annual Conference on Economics and Security will take place June 22 - 23, 2017 at the Royal Military Academy, Brussels.
This Conference is organized by Cind Du Bois (Royal Military Academy Brussels), Caroline Buts (Vrije Universiteit Brussels) and Paul Dunne (University of Cape Town, EPS UK).
Organizers welcome contributions from economists, political scientists and others from around the world to share ideas and discuss the future developments in different research areas related to peace and security.
Abstracts (up to 300 words) should be submitted before April 1, 2017 to be considered for the conference.
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In Other News
American Health Care Act: Cost Estimate
The Congressional Budget Office and Joint Committee on Taxation (JCT) estimate that enacting the American Health Care Act would reduce federal deficits by $337 billion over the coming decade and increase the number of people who are uninsured by 24 million in 2026 relative to current law.
The Concurrent Resolution on the Budget for Fiscal Year 2017 directed the House Committees on Ways and Means and Energy and Commerce to develop legislation to reduce the deficit. The Congressional Budget Office and the staff of the Joint Committee on Taxation have produced an estimate of the budgetary effects of the American Health Care Act, which combines the pieces of legislation approved by the two committees pursuant to that resolution. In consultation with the budget committees, CBO used its March 2016 baseline with adjustments for subsequently enacted legislation, which underlies the resolution, as the benchmark to measure the cost of the legislation.
A State and Local Strategy for Protecting the American
History has a way of repeating itself, and while President Trump’s selection of Scott Pruitt as EPA Administrator reminded me of Ronald Reagan’s EPA chief, Anne Gorsuch, clearly Pruitt is in a league of his own. Last week, my colleagues at Columbia University’s Earth Institute released a fact sheet on the relationship of carbon dioxide to climate change in a small-scale effort to correct Pruitt’s scientifically inaccurate discussion of that relationship.
For most of the past twenty-five years EPA has struggled but succeeded in protecting America’s environment even though Congress refused to update environmental laws or provide sufficient resources to research, monitor, regulate and enforce environmental quality. Inadequate resources required that most environmental rules came to be implemented by state and local governments. America’s environmental community has gotten used to a weak EPA; now it will need to deal with a hostile one. Fortunately, most state and local environmental agencies have the capacity to protect the environment without help from Washington.
What we can learn from Trump’s terrible budget (video)
“Donald Trump ran for president as a man of the people, who was going to fight for those who were left behind – but everything we’re hearing about his forthcoming federal budget says exactly the opposite: Spending that’s a great deal for big corporations that have hired armies of lobbyists, and great for the wealthiest few like himself. But leaving everyone else a lot worse off.”
Measuring Peacebuilding Cost-Effectiveness
Measuring peacebuilding cost-effectiveness is a methodological and practical challenge that has significant consequences for the international community. Today, the world faces a historic decline in global peace; reaching a 25- year peak in violence and conflict in 2016. The past two years have seen the highest number of global battle deaths for 25 years, record levels of terrorism and the highest number of refugees and displaced people since World War II. When this conflict and violence subsides the critical factor to maintain durable long-term peace aside from the will of warring parties, will be peacebuilding activities — the broad set of activities targeted at reducing the risk of lapsing or relapsing into violent conflict. Peacebuilding in its preventative focus is distinct from peacekeeping and peacemaking activities — which broadly involve the activities aimed at ending violence and establishing security — peacebuilding is a prerequisite for sustainable peace.
Funding & Employment Opportunities
Professor of Public Policy and Economics, NYU
EPS Quarterly, Volume 28, Issue 4, December 2016
Climate change is not some future threat. It’s here now. Flooding, drought, increased severity of storms, and melting ice caps are already impacting all life on our planet. It seems critically important that we extend the discussion of the appropriate use of our military to include the possible costs and consequences of climate change.
Table of Contents
· Andrew Holland – American Security Project
· Letter from the Director – Thea Harvey-Barratt
· Climate Change: Does it Pose Real Global Security Concerns – Michael Curtin
· Securing Whose Future? Militarism in an Age of Climate Crisis – Nick Buxton
· The US Military on the Front Lines of Rising Seas – Erika Spanger-Siegfried, Kristina Dahl, Astrid Caldas, Shana Udvardy
· Sea Levels Rise and the US Military’s Mission – Center for Climate and Security
the full issue here:
The Economics of Peace and Security Journal, Volume 11, Number 2 (2016)
The Stockholm International Peace Research Institute (SIPRI) has long been researchers' primary source for countries' military expenditure data. For the most part, the data were limited to the time period from 1988 onward. Now, SIPRI is releasing revised and backdated data for, in most cases, 1960 onward. The articles in this issue of EPSJ examine the new data and use them for comparative studies relative to the use of the "old" SIPRI data. By way of introduction, the lead article by Sam Perlo-Freeman and Elisabeth Sköns, the previous and current leaders of SIPRI's military expenditure data project, relates the history of SIPRI's military expenditure data construction. Gulay Gunluk-Senesen compares the "old" and "new" SIPRI data for the cases of Greece and Turkey. So does Eftychia Nikolaidou, but for Greece, Portugal, and Spain and with an emphasis on reexamining the nexus between miltiary expenditure and economic growth, especially in light of the post-2008 global financial and EU-debt crises. Christos Kollias and Suzanna-Maria Paleologou broaden the scope to study the EU15 countries, focusing on growth, investment, and military expenditure. Julien Malizard also studies the EU15, focusing on military versus nonmilitary public expenditure. Mohamed Douch and Binyam Solomon broaden the scope even further, to eleven Middle Power countries. Finally, J. Paul Dunne and Nan Tian include nearly 100 countries in their comprehensive and comparative study of military expenditure and economic growth with the "old" and "new" SIPRI data.
Table of Contents
•Snakes and ladders: The development and
multiple reconstructions of the Stockholm International Peace Research
Institute's military expenditure data
•Some exercises with SIPRI's military
expenditure alpha (a) data: Same story for Greece and Turkey?
•Greece, Portugal, Spain: New evidence on the economic
effects of military expenditure using the new SIPRI data
•Investment, growth and defense expenditure in
the EU15: Revisiting the nexus using SIPRI's new consistent dataset
•Military expenditure and economic growth in the
European Union: Evidence from SIPRI's extended dataset
•A dynamic panel analysis using SIPRI's extended
military expenditure data: The cas of Middle Power
•Military expenditure and economic growth,
The Journal is a peer-reviewed online publication hosted by EPS. Published twice yearly, it raises and debates 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 50% discount on the annual subscription to the Economics of Peace and Security Journal. A regular one-year subscription is $50; for EPS members, it's only $25!
more information about the Journal or to subscribe:
EPS Quarterly, Volume 28, Issue 3, September 2016
This issue is comprised of edited transcripts from a panel session held during the Allied Social Sciences Associations meetings in San Francisco, CA, January 3, 2016.
Chair: Marshall Auerback
Congress Voting Soon to Repeal Affordable Care Act
· Eliminates the Medicaid expansion, putting 11 million people’s health care in jeopardy.
· Dramatically cuts Medicaid by capping federal funding, cutting the program over time, and shifting billions of dollars in health costs onto the states.
· Ends the individual mandate, causing an estimated 20-25 percent rise in premiums in the next year.
· Eliminates subsidies that help low-income families get insurance, and instead implements small tax benefits ($2000-$4000 per year – far lower than many subsidies) based on age instead of need.
· Gives a tax break for Health Savings Accounts for those who can afford to save extra, but fails to make premiums affordable in the first place.
The Affordable Care Act made health care affordable for the first time for tens of millions of people. The American Health Care Act threatens to throw away much of that progress. But this isn’t just an abstract policy – it’s literally life or death for many of the people who won’t be able to afford health care. And it could be passed into law in less than a month.
Do you have a foreign policy alternative that should be heard in the halls of government?
Citizens for Global Solutions Political Action Committee (Global Solutions PAC) works to elect federal candidates who support building effective democratic global institutions that will apply the rule of law while respecting the diversity and autonomy of national and local communities.
learn more about Global Solutions PAC, visit
If you would like to post an EPS flyer on a departmental bulletin board or similar venue,
March 27 – 31, 2017 Trust, Diplomacy and Conflict Transformation Training Program will be run by the Institute for Conflict, Cooperation and Security at the University of Birmingham, UK.
April 20 – 23, 2017 Waging Peace AFC’S Summit for Peace and Justice will be held at the Sheraton Hotel Philadelphia, PA
June 22 -23, 2017 The 21st Annual Conference on Economics and Security will be held at the Royal Military Academy in Brussels, Belgium.
More information available
June 25 – 29, 2017 The Western Economic Association
International 92nd Annual Conference will be held at
the Marriott Marquis & Marina, San Diego, California.
June 26 – 28, 2017 The Jan Tinbergen European Peace Science Conference will be held at the University of Antwerp, Prinsstraat 13, Antwerpen, Belgium.
September 6 – 9, 2017 The European Consortium for Political Research 2017 General Conference will be held at the University of Olsow, Norway.
September 18 – 19, 2017 Conflict Research Society Annual Conference 2017: Ending Violence in Turbulent Times: Exploring the Conflict, Peace and Violence Nexus will be hosted by the Changing Character of War programme at Pembroke College, University of Oxford.
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