MARCH 22-23, 2019
DEPARTMENT OF ECONOMICS
UNIVERSITY OF MASSACHUSETTS AMHERST
(VENUE: 209 CROTTY HALL)
Introduction and Opening Remarks
(9:15am - 9:45am)
Introduction: Deepankar Basu
Opening Remarks: Leonce Ndikumana
Session 1: Finance and Trade in a Changing World
(10am - 12pm)
Chair and Discussant: Arslan Razmi
A Model of “Riskless” Capitalism: India’s Growth Story in the 2000s.
Rohit Azad (Jawaharlal Nehru University, India) and Prasenjit Bose (Independent Scholar, India)
Supporting Domestic Development through Promoting Domestic Value Chains.
P. Sai-wing Ho (University of Denver)
Session 2: Themes in Marxist Theory
(2pm - 4pm)
Chair and Discussant: David Kotz
A Model of the Marxist Rent Theory.
Debarshi Das (Indian Institute of Technology Guwahati, India)
Rosa Luxembourg, Mikhail Tugan-Baranowsky and the Current State of Economic Crisis.
Tracy Mott (University of Denver)
Session 3: Dealing with Aggregate Demand
(4:30pm - 6:30pm)
Chair and Discussant: Daniele Girardi
A Neo-Kaleckian Macro Model: Recursive VAR Estimation for the US, 1973-2018
Deepankar Basu (University of Massachusetts Amherst) and Leila Gautham (University of Massachusetts Amherst)
Aggregate Demand in the Long Run.
Peter Skott (University of Massachusetts Amherst)
Session 4: Contours of Underdevelopment
(9am - 11am)
Chair and Discussant: Mwangi wa Githinji
Reflections on Primitive Accumulation.
Rune Skarstein (Norwegian Institute of Science and Technology)
Agrarian Change and Labour Markets in Eastern UP: 1900-1950.
Ramaa Vasudevan (Colorado State University)
Session 5: Dualism in the US Economy
(11:15am - 1:15pm)
Chair and Discussant: Robert Pollin
Why did US Farm Output and Employment Increase during the Great Depression?
Stephen A. Marglin (Harvard University)
Dualism in the US Economy: Evidence and Potential Explanations.
Codrina Rada (University of Utah)
Session 6: Power and Distribution
(2:30pm - 4:30pm)
Chair and Discussant: Debarshi Das
Economic Growth, Income Distribution and Power.
Amitava Dutt (University of Notre Dame)
Class Struggle and Effective Demand under Financialisation.
Srinivas Raghabendra (National University of Ireland) and Petri Piiroinen (National University of Ireland)
Concluding Remarks by Amit Bhaduri
Ways Towards Achieving Equitable and Sustainable Job Creation in India
Amit Basole (Azim Premji University, India)
Demand, Supply and Technical Progress
Subrata Guha (Jawaharlal Nehru University, India)
Harrodian Instability and Steindlian Solutions: A Systematic Discussion
Eckhard Hein (Berlin School of Economics and Law, Germany)
On ''superhuman efforts'' in Developing a Coherent Theory of Value and Distribution
Heinz Kurz (University of Graz, Viena, Austria)
The Economics and Politics of Social Democracy: An Update for Our Time
Servaas Storm (Delft University of Technology, Netherlands)