The Department of Economics at Drew University

 Presents

 The Revival of Political Economy

 An all-day conference with distinguished scholars in Political Economy

 Saturday February 9, 2008

9 a.m. – 5 p.m.

Hall of Sciences, HS 4

Drew University, 36 Madison Ave., Madison, NJ 07940

Speaker's Biographies

Nancy Folbre is a Professor of Economics at the University of Massachusetts – Amherst. She received her BA from the University of Texas in 1971, MA from the University of Texas in 1973, and Ph.D. in Economics from the University of Massachusetts in 1979. Folbre’s work has focused on the economics of care, non-market work, and the family. She was awarded a Post-Doctoral Research Fellowship at the Economic Growth Center of Yale University in 1979-1980, and in 1995-1996 the French-American Foundation Fellowship for Teaching and Research in Paris. In 1996, Folbre was awarded a MacArthur Foundation Five Year Fellowship, and in 1998 she received the Olivia Schieffelin Nordberg Award for Excellence in Writing and Editing in the Population Sciences. Nancy Folbre was named the Charlotte Perkins Gilman Fellow of the American Academy of Political and Social Science in 2004 and in the same year was awarded the Leontief Prize of the Global Development and Environment Institute at Tufts University. In addition to her professorship at the University of Massachusetts, Nancy Folbre has served as the president of the International Association for Feminist Economists (IAFEE) in 2002, and as associate editor of the journal Feminist Economics since 1995. Since 1980, Folbre has served as a staff economist for the Center for Population Economics, and throughout her career has consulted for various organizations including the United Nations Human Development Office, World Bank, International Labour Office, and the Population Council. Nancy Folbre has published a number of notable books, in addition to many articles, book chapters, and reports; some of these include: Family Time: The Social Organization of Care (2004), The Invisible Heart: Economics and Family Values (2001), The Ultimate Field Guide to the US Economy (2000), and The War on the Poor: A Defense Manual (1996).

James K. Galbraith is the Lloyd M. Bentsen, Jr. Chair in Government/ Business Relations at the Lyndon B. Johnson School of Public Affairs, and a Professor in the Department of Government at the University of Texas – Austin. He is also director of the University of Texas Inequality Project. Galbraith earned his A.B. from Harvard in 1974, MA from Yale in 1977, and his Ph.D. in Economics from Yale in 1981. He studied as a Marshall Scholar at King’s College, Cambridge in 1974-1975; later, Galbraith served on the staff of the U.S. Congress in such positions as Executive Director of the Joint Economic Committee. In 2001, he held a Fulbright Distinguished Visiting Lectureship in China and was named a Carnegie Scholar in 2003. A focus of his research is examining issues pertaining to employment and inequality, especially determinants of global inequality. His policy writings have ranged from monetary policy to the economics of warfare with some forays into political history. With numerous outside affiliations, James Galbraith is a Senior Scholar at the Levy Economics Institute of Bard College, the Chair of the Board of Directors of Economists for Peace and Security, Honorary Vice President of Americans for Democratic Action, Non-Resident Fellow of the Center for Global Development, and an Associate Member of the Cambridge Center for Economic and Public Policy at the University of Cambridge. He also writes a column for Mother Jones and contributes to The American Prospect, The Nation, The Texas Observer, and to the Op-ed pages of major newspapers. Galbraith has published a number of books, the most recent being, Unbearable Cost: Bush, Greenspan and the Economics of Empire (2006). Others include: Inequality and Industrial Change: A Global View (2001), Created Unequal: The Crisis in American Pay (1998), and Balancing Acts: Technology, Finance and the American Future (1989).

Michael Hudson is the President of the Institute for the Study of Long Term Economic Trends (ISLET) and Distinguished Research Professor in the Department of Economics at the University of Missouri – Kansas City.           After receiving his BA from the University of Chicago in 1959, Hudson received his MA from New York University in 1963 and his Ph.D. in Economics in 1968. His professional life has focused on applying flow-of-funds and balance-of-payment statistics to forecast interest rates, capital and real estate markets. Academically, Hudson has focused on financial history and since 1980, has been working on writing a history of land tenure and related economic institutions from Sumerian times to the present. Hudson has served as an advisor for the White House and State Department at the Hudson Institute from 1972-1976, and subsequently for the United Nations Institute for Training and Research (UNITAR) from 1978-1983. He has also consulted for the governments of Canada, Mexico and Russia. Most recently, he was appointed Chief Economic Policy Adviser for the Kucinich for President campaign. From 1985-1998, Hudson was a research associate at the Peabody Museum at Harvard and in conjunction with the museum, led an archaeological research team on the origins of private property, debt and real estate. Hudson is the former balance-of-payments economist for Chase Manhattan Bank and Arthur Anderson. He continues to conduct statistical research, most recently for the Levy Economics Institute of Bard College and the Robert Schalkenbach Foundation. Michael Hudson is widely published and his books include: Super-Imperialism: The Origin and Fundamentals of U.S. World Dominance (1972; 2nd edition, 2003), Global Fracture: The New Economic Order (1977; 2nd edition, 2007), Trade, Development and Foreign Debt (1992; 2nd edition, 2007), Economics and Technology in 19th Century American Thought: The Neglected American Economists (1975), and The Myth of Aid (1971).

Jan A. Kregel is a Senior Scholar at the Levy Economics Institute of Bard College and a Distinguished Research Professor at the Center for Full Employment and Price Stability (UMKC). He recently retired as the Chief of the Policy Analysis and Development Branch of the Financing for Development Office in the Department of Economic and Social Affairs of the United Nations in New York City, and as deputy secretary of the United Nations Committee of Experts on International Cooperation in Tax Matters. As a Research Student at Cambridge University from 1968-1970, he was trained by Joan Robinson and Nicholas Kaldor. He received his Ph.D. in Economics from Rutgers University where he was supervised by Paul Davidson. Jan Kregel was Professor in the Department of Economics of the Università degli Studi di Bologna and Adjunct Professor of International Economics in the Johns Hopkins University Paul Nitze School of Advanced International Studies where he also served as Associate Director of its Bologna Center from 1987-90. Kregel is a Life Fellow of the Royal Economic Society (U.K.), an elected member of the Società Italiana degli Economisti, a member of the Scientific Advisory Boards of The Italian International Economic Center, Rome, the Istituto per la Ricerca Sociale, Milan, and a Miembro Distinguido of the Association of Cuban Economists. Kregel’s biographical entries appear in all editions of Who’s Who in Economics, and recent editions of Who’s Who in Europe (now European Biographical Dictionary), Who’s Who in the World, as well as La Pensée Economique depuis Keynes. Kregel joined the UN in 1998 as a High Level Expert in International Finance and Macroeconomics for UNCTAD until 2001 and, then, as a Senior Inter Regional Adviser for the Trade and Development Report of UNCTAD until 2004. Among his major published works are a series of books in economic theory including Rate of Profit, Distribution and Growth: Two Views (1971), Theory of Growth (1972), The Reconstruction of Political Economy (1973; 2nd edition, 1975), Theory of Capital (1976), and Origini e sviluppo dei mercati finanzieri (1996), as well as over 150 articles published in edited books and in scholarly journals including the Economic Journal, American Economic Review, Journal of Economic Literature, Journal of Post Keynesian Economics, Economie Appliquée, de Economist, and Giornale degli Economisti among others. Kregel’s works have been published or translated in Italian, French, German, Dutch, Spanish, Basque, Portuguese, Greek, Japanese, Russian, Turkish, Finnish, Hungarian, Serbo-Croat, Hindi, and Ukrainian.

This event is free and open to the public, and is co-sponsored by the Economics Department, the Economics Club, and The Presidential Initiative Fund of Drew University.

For more info please contact Dr. Fadhel Kaboub, 973-408-3764, fkaboub@drew.edu