Amit Bhaduri Festschrift Conference

MARCH 22-23, 2019

DEPARTMENT OF ECONOMICS

UNIVERSITY OF MASSACHUSETTS AMHERST

(VENUE: 209 CROTTY HALL)

March 22

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)

March 23

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

(5pm-7pm)

• 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)

• The conference is being co-organized by Deepankar Basu (University of Massachusetts Amherst) and Debarshi Das (Indian Institute of Technology Guwahati). For more information write to us: (1) Deepankar Basu; (2) Debarshi Das
• The conference is free and open to the public. It is co-sponsored by the Chancellor’s Office, UMass Amherst; the Department of Economics, UMass Amherst; the Dean’s Office, School of Social and Behavioral Sciences, UMass Amherst; and the Political Economy Research Institute, UMass Amherst.