Seminar | June 14, 2013

The Hyman P. Minsky Summer Seminar

This event has ended.

When

June 14, 2013 - 12:00am
to
June 22, 2013 - 12:00am

Where

Blithewood Manor
30 Campus Rd
12571

Organized by the Levy Economics Institute of Bard College with support from the Ford Foundation

Levy Institute
Blithewood
Annandale-on-Hudson, New York

June 14–22, 2013

The Levy Economics Institute of Bard College held its fourth annual Hyman P. Minsky Summer Seminar in June, with 55 students participating. The Seminar provided a rigorous discussion of both the theoretical and the 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 to the Summer Seminar webpage by clicking here.

Hyman P. Minsky Summer Seminar 2013 Program

Schedule

Friday, June 14

10:15−11:45 a.m.	Registration at Reem-Kayden Center for Science and Computation
11:45 a.m. − 1:30 p.m.	Lunch, Manor Café
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 at Reem-Kayden Center for Science and Computation
5:30−7:00 p.m.	Dinner, Manor Café

Saturday, June 15

8:30−9:45 a.m.	General Introduction to Minsky and Financial Reform Jan Kregel, Levy Institute and Tallinn University of Technology
9:45−10:15 a.m.	Break
10:15−11:45 a.m.	Veblen, Minsky, and Evolutionary Economics John F. Henry, University of Missouri–Kansas City
11:45 a.m. − 1:30 p.m.	Lunch, Manor Café
1:30−2:45 p.m.	Functional Finance: Old and New Pavlina Tcherneva, Levy Institute and Bard College
2:45−3:15 p.m.	Break
3:15−4:30 p.m.	Minsky and Modern Money L. Randall Wray, Levy Institute and University of Missouri–Kansas City
4:30−5:30 p.m.	Student Activities
5:30−7:00 p.m.	Dinner, Manor Café

Sunday, June 16

8:30−9:45 a.m.	Central Bank Operations Scott T. Fullwiler, Wartburg College
9:45−10:15 a.m.	Break
10:15−11:45 a.m.	International Dimensions of Financial Fragility Jan Kregel, Levy Institute and Tallinn University of Technology
11:45 a.m. − 1:30 p.m.	Lunch, Manor Café
1:30−2:45 p.m.	Minsky and EU Financial Reform Mario Tonveronachi, Università de Siena
2:45−3:15 p.m.	Break
3:15−4:30 p.m.	Heinz 57 Varieties: Money Manager Capitalism Éric Tymoigne, Levy Institute and Lewis and Clark College
4:30−5:30 p.m.	Student Activities
5:30−7:00 p.m.	Dinner, Manor Café

Monday, June 17

8:30−9:45 a.m.	Minsky and Employment Guarantee Fadhel Kaboub, Levy Institute and Denison University
9:45−10:15 a.m.	Break
10:15−11:45 a.m.	Green Jobs and Guaranteed Employment Mathew Forstater, Levy Institute and Center for Full Employment and Price Stability, University of Missouri–Kansas City
11:45 a.m. − 1:30 p.m.	Lunch, Manor Café
1:30−2:45 p.m.	Costing ELR Scott T. Fullwiler, Wartburg College
2:45−3:15 p.m.	Break
3:15−4:30 p.m.	Panel: Designing ELR Programs Rania Antonopoulos, Levy Institute Fadhel Kaboub, Levy Institute and Denison University
4:30−5:30 p.m.	Student Activities
5:30−7:00 p.m.	Dinner, Manor Café

Tuesday, June 18

8:30−9:45 a.m.	Minsky’s “Two Price” Theory Éric Tymoigne, Levy Institute and Lewis and Clark College
9:45−10:15 a.m.	Break
10:15−11:45 a.m.	Minsky–Godley and the Levy Model Gennaro Zezza, Levy Institute and Università di Cassino
11:45 a.m. − 1:00 p.m.	Lunch, Manor Café
1:00 p.m.	Departure for Franklin D. Roosevelt National Site
6:00 p.m.	Picnic Supper at Blithewood

Wednesday, June 19

8:30−9:45 a.m.	Minsky–Godley and the Financial Balances Approach Marc Lavoie, University of Ottawa
9:45−10:15 a.m.	Break
10:15−11:45 a.m.	Community Development Banks Gary A. Dymski, School of Business and Economics, University of Leeds
11:45 a.m. − 1:30 p.m.	Lunch, Manor Café
1:30−2:45 p.m.	Stock-flow Consistent Economic Models Marc Lavoie, University of Ottawa
2:45−3:15 p.m.	Break
3:15−4:30 p.m.	Introduction to Stock-flow Lab Gennaro Zezza, Levy Institute and Università di Cassino
4:30−6:00 p.m.	Stock-flow Lab, Henderson Computer Center
6:00−7:00 p.m.	Dinner, Manor Café

Thursday, June 20

8:30−9:45 a.m.	Eastern European Internal Adjustment: Estonia Rainer Kattel, Tallinn University of Technology
9:45−10:15 a.m.	Break
10:15−11:45 a.m.	Rethinking Fiscal Policy Pavlina Tcherneva, Levy Institute and Bard College
11:45 a.m. − 1:30 p.m.	Lunch, Manor Café
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.	Low-cost Housing and the Mortgage Crisis Gary A. Dymski, School of Business and Economics, University of Leeds
4:30−6:00 p.m.	Stock-flow Lab, Henderson Computer Center
6:00−7:00 p.m.	Dinner, Manor Café

Friday, June 21

8:30−9:45 a.m.	Minsky’s Theory of Consumption Steven M. Fazzari, Levy Institute and Washington University–St. Louis
9:45−10:15 a.m.	Break
10:15−11:45 a.m.	Special Lecture Robert J. Barbera, Co-director, Center for Financial Economics, The Johns Hopkins University
11:45 a.m. − 1:30 p.m.	Lunch, Manor Café
1:30−2:45 p.m.	Greece: The Euro and the Sovereign Debt Crisis Dimitri B. Papadimitriou, Levy Institute Gennaro Zezza, Levy Institute and Università di Cassino
2:45−3:15 p.m.	Break
3:15−4:30 p.m.	Panel: Minsky and Systemic Regulatory Reform Jan Kregel, Levy Institute and Tallinn University of Technology Mario Tonveronachi, Università de Siena L. Randall Wray, Levy Institute and University of Missouri–Kansas City
4:30−6:00 p.m.	Stock-flow Lab, Henderson Computer Center
6:00−7:00 p.m.	Dinner, Manor Café

Saturday, June 22

8:30−9:45 a.m.	Minsky in the Real World Frank Veneroso, Veneroso Associates, LLC
9:45−10:15 a.m.	Break
10:15−11:45 a.m.	Minsky and Schumpeter Leonardo Burlamaqui, Program Officer, Ford Foundation
11:45 a.m. − 1:30 p.m.	Lunch, Manor Café
1:30−2:45 p.m.	Levy Forecast Dimitri B. Papadimitriou, Levy Institute
2:45−3:15 p.m.	Break
3:15−4:30 p.m.	Panel: Global Economic Outlook Dimitri B. Papadimitriou, Levy Institute Frank Veneroso, Veneroso Associates, LLC
4:30−5:30 p.m.	Closure
6:00 p.m.	Closing Dinner, Blithewood Speaker: Paul A. McCulley, Society of Fellows, Global Interdependence Center; formerly, Managing Director, PIMCO