Seminar
| June 16, 2012
The Hyman P. Minsky Summer Seminar
This event has ended.When
June 16, 2012 - 12:00amto
June 24, 2012 - 12:00am
Where
Levy Economic Institute of Bard CollegeOrganized by the Levy Economics Institute of Bard College with support from the Ford Foundation
Levy Institute
Blithewood
Annandale-on-Hudson, New York
June 16–24, 2012
 |
The Levy Economics Institute held its third annual Minsky Summer Seminar June 16–24, 2012, with 55 students attending. The Seminar provided a rigorous discussion of both the theoretical and applied aspects of Minsky’s economics, with an examination of meaningful prescriptive policies relevant to the current economic and financial crisis.
The Summer Seminar is of particular interest to graduate students, recent graduates, and those at the beginning of their academic or professional career. The program is organized by Jan Kregel, Dimitri B. Papadimitriou, and L. Randall Wray, and the teaching staff includes well-known economists concentrating on and expanding Minsky’s work.
A user name and password are required for the Summer Seminar webpage. Participating students may log in by clicking here.
Program
Saturday, June 16
| 10:15–11:45 a.m. | Registration |
| 11:45 a.m. – 1:30 p.m. | Lunch |
| 1:30–2:45 p.m. | Welcome and Introduction: Minsky and the Levy Institute Dimitri B. Papadimitriou, Levy Institute |
| 2:45–3:15 p.m. | Break |
| 3:15–4:30 p.m. | General Introduction to Minsky and Financial Fragility L. Randall Wray, Levy Institute and University of Missouri–Kansas City |
| 4:30 p.m. – | Welcome Reception |
| Until 7:00 p.m. | Dinner: Kline Commons |
Sunday, June 17
| 8:30−9:45 a.m. | General Introduction to Minsky and Financial Reform Jan Kregel, Levy Institute and Tallinn Technical University |
| 9:45−10:15 a.m. | Break |
| 10:15−11:45 a.m. | New Fiscalism Mario Seccareccia, Canadian Centre for Policy Alternatives and University of Ottawa |
| 11:45 a.m. − 1:30 p.m. | Lunch |
| 1:30−2:45 p.m. | Functional Finance: Old and New Pavlina R. Tcherneva, Levy Institute |
| 2:45−3:15 p.m. | Break |
| 3:15−4:30 p.m. | Heinz 57 Varieties: Money Manager Capitalism L. Randall Wray, Levy Institute and University of Missouri–Kansas City |
| 4:30p.m. − | Student Activities |
| Until 7:00 p.m. | Dinner: Kline Commons |
Monday, June 18
| 8:30–9:45 a.m. | Minsky and Modern Money Stephanie A. Kelton, Levy Institute and University of Missouri–Kansas City |
| 9:45–10:15 a.m. | Break |
| 10:15–11:45 a.m. | International Dimensions of Financial Fragility Jan Kregel, Levy Institute and Tallinn Technical University |
| 11:45 a.m. – 1:30 p.m. | Lunch |
| 1:30–2:45 p.m. | Minsky and Employment Guarantee Fadhel Kaboub, Levy Institute and Denison University |
| 2:45−3:15 p.m. | Break |
| 3:15−4:30 p.m. | Green Jobs and Guaranteed Employment Mathew Forstater, Levy Institute and Center for Full Employment and Price Stability, University of Missouri–Kansas City |
| 4:30 p.m. − | Student Activities |
| Until 7:00 p.m. | Dinner: Kline Commons |
Tuesday, June 19
| 8:30–9:45 a.m. | War on Poverty Stephanie A. Kelton, Levy Institute and University of Missouri–Kansas City |
| 9:45–10:15 a.m. | Break |
| 10:15–11:45 a.m. | Minsky and EU Financial Reform Mario Tonveronachi, Università de Siena |
| 11:45 a.m. – 1:30 p.m. | Lunch |
| 1:30–2:45 p.m. | Veblen, Minsky, and Evolutionary Economics John F. Henry, University of Missouri–Kansas City |
| 2:45−3:15 p.m. | Break |
| 3:15−4:30 p.m. | Panel: Designing ELR Programs Fadhel Kaboub, Levy Institute and Denison University |
| 4:30 p.m. − | Student Activities |
| Until 7:00 p.m. | Dinner: Kline Commons |
Wednesday, June 20
| 8:30–9:45 a.m. | Minsky and the Theory of Asset Market Speculation Frank Veneroso, Veneroso Associates, LLC |
| 9:45–10:15 a.m. | Break |
| 10:15–11:45 a.m. | Costing ELR Scott T. Fullwiler, Wartburg College |
| 11:45 a.m.–1:00 p.m. | Lunch |
| 1:00–6:30 p.m. | Trip to the Home of Franklin D. Roosevelt and the FDR Presidential Library and Museum, Hyde Park |
| 6:30 p.m. – | Picnic Supper: Blithewood |
Thursday, June 21
| 8:30–9:45 a.m. | Minsky’s Big Bank – Big Government Interpretation of Postwar Stability Éric Tymoigne, Levy Institute and Lewis and Clark College |
| 9:45–10:15 a.m. | Break |
| 10:15–11:45 a.m. | Stock-flow Consistent Economic Models Gennaro Zezza, Levy Institute and Università di Cassino |
| 11:45 a.m. – 1:30 p.m. | Lunch |
| 1:30−2:45 p.m. | Minsky–Godley and the Financial Balances Approach Robert W. Parenteau, Levy Institute and MacroStrategy Edge |
| 2:45−3:15 p.m. | Break |
| 3:15−4:30 p.m. | Minsky’s “Two Price” Theory Éric Tymoigne, Levy Institute and Lewis and Clark College |
| 4:30 p.m. − | Stock-flow Lab |
| Until 7:00 p.m. | Dinner: Kline Commons |
Friday, June 22
| 8:30–9:45 a.m. | Special Lecture |
| 9:45−10:15 a.m. | Break |
| 10:15−11:45 a.m. | Minsky’s Theory of Consumption Steven M. Fazzari, Levy Institute and Washington University–St. Louis |
| 11:45 a.m. − 1:30 p.m. | Lunch |
| 1:30−2:45 p.m. | Minsky–Godley and the Levy Model |
| 2:45−3:15 p.m. | Break |
| 3:15−4:30 p.m. | Central Bank Operations Scott T. Fullwiler, Wartburg College |
| 4:30 p.m. − | Stock-flow Lab |
| Until 7:00 p.m. | Dinner: Kline Commons |
Saturday, June 23
| 8:30–9:45 a.m. | Levy Forecast Dimitri B. Papadimitriou, Levy Institute |
| 9:45−10:15 a.m. | Break |
| 10:15–11:45 a.m. | Low-cost Housing and the Mortgage Crisis Gary A. Dymski, University of California, Riverside |
| 11:45 a.m. – 1:30 p.m. | Lunch |
| 1:30–2:45 p.m. | Minsky and the Theory of Investment Steven M. Fazzari, Levy Institute and Washington University–St. Louis |
| 2:45–3:15 p.m. | Break |
| 3:15–4:30 p.m. | Panel: Minsky and Systemic Reform Jan Kregel, Levy Institute and Tallinn Technical University Mario Tonveronachi, Universitá de Siena Éric Tymoigne, Levy Institute and Lewis and Clark College Gary A. Dymski, University of California, Riverside |
| 4:30 p.m. – | Stock-flow Lab |
| Until 7:00 p.m. | Dinner |
Sunday, June 24
| 8:30–9:45 a.m. | Community Development Banks Gary A. Dymski, University of California, Riverside |
| 9:45−10:15 a.m. | Break |
| 10:15−11:45 a.m. | Instability and the Single Currency Robert W. Parenteau, Levy Institute and MacroStrategy Edge |
| 11:45 a.m. − 1:30 p.m. | Lunch |
| 1:30−2:45 p.m. | Canadian Bank Regulation: More Lucky than Good? Marshall Auerback, Levy Institute and Economists for Peace and Security |
| 2:45−3:15 p.m. | Break |
| 3:15−4:30 p.m. | Panel: Global Economic Outlook Frank Veneroso, Veneroso Associates, LLC Marshall Auerback, Levy Institute and Economists for Peace and Security Robert W. Parenteau, Levy Institute and MacroStrategy Edge Dimitri B. Papadimitriou, Levy Institute |
| 4:30 p.m. − | Closure |
| 7:00 p.m. | Closing Dinner: Blithewood Speaker: Paul A. McCulley, Society of Fellows, Global Interdependence Center; formerly, PIMCO |