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June 2016 Newsletter

Vlog - Ep. 2: Modern Money

Mathew Forstater, Research Director at the Binzagr Institute, presents the second episode of our Vlog Series "Jobs, Money, Debt: Economic Common Sense." This Vlog series is designed to debunk myths about unemployment, deficits, the national debt, and the monetary system, and to articulate how we can create sustainable prosperity for the 21st century. While the first episode focused on Jobs, in this second episode, we focus on the concept of Modern Money by challenging the mainstream approach to money and public finance. Watch, comment, share, subscribe to our YouTube channel, and stay tuned for more videos in the coming weeks and months.

Reflections on Brexit

Brexit
On June 23, 2016, more than 30 million people in Britain voted in the EU referendum resulting in the so-called Brexit outcome (52% for Leave vs. 48% for Remain). As the Brexit discussions continue, a number of of our colleagues at the Binzagr Institute have weighed in on the Brexit outcome. Following up on his Policy Note, Alexander X. Douglas, Research Scholar at the Binzagr Institute, wrote a blog piece entitled "Inevitable Brexit Post,"  John T. Harvey, Research Scholar at the Binzagr Institute, wrote "The EU Is Broken But Brexit Doesn't Fix It" (Forbes),  john a. powell, Advisory Board member at the Binzagr Institute, wrote "A Bridge From Brexit" (Huffington Post), and Ellen Brown, Research Scholar at the Binzagr Institute, wrote "Brexit and the Derivatives Time Bomb" (Huffington Post).

Contending Perspectives in Economics by John Harvey

          
 
John T. Harley, Research Scholar at the Binzagr Institute, published a paperback edition of his book titled Contending Perspectives in Economics: A Guide to Contemporary Schools of Thought (2016). The book provides a rigorous introduction to various schools of thought, including Neoclassical, Marxist, Austrian, Post Keynesian, Institutionalist, New Institutionalist and Feminist. Each school of thought is approached with discussion of its unique features, methodology, world views, popular themes and current activities. This guide will no doubt offer a great deal to any scholar wishing to gain a proper understanding and new perspectives towards current economic thinking.  More information about this book can be found on here.

Registration is Now Open for the Post Keynesian Conference

PKConference.com
You can now register for the 13th edition of the International Post Keynesian Conference (registration form here). This is event is co-sponsored by the Binzagr Institute and will feature a number of panels by members of our research team. So join us September 15-18, 2016 in Kansas City at UMKC. Additional details are available on the conference website here. Keynote speakers are: Lord Robert Skidelsky, William Mitchell, and James Galbraith. Mark your calendars and be sure to join us in KC!

Updates from our Team

Origin of Specious
Alexander X. Douglas, Research Scholar at the Binzagr Institute, published a number of  blog posts this month including: "
Inevitable Brexit Post" (June 26, 2016), "Follow-up Post: Some Philosophy Lessons for Economists..." (June 4, 2016), and "Chartalism and Stock Flow Consistency" (June 3, 2016). You can read all of his blog posts here.

Institute for New Economic Thinking
Yan Liang, Research Scholar at the Binzagr Institute, published a blog post entitled "
Renminbi to the Rescue?" on the website of the Institute for New Economics Thinking (December 15, 2015).

Bloomberg
Pavlina R. Tcherneva,
Research Scholar at the Binzagr Institute, was featured in a video interview entitled "The Argument Against Basic Income" on Bloomberg (June 8, 2016).

The Diplomat
Sara Hsu, Research Scholar at the Binzagr Institute, published two columns on the state of the Chinese economy: "Sustainably Affordable Health Care in China" (June 5, 2016), "Some of China's Zombie Firms May Finally Die" (June 14, 2016). You can follow Sara's weekly columns in The Diplomat here.

Yonkers Tribune
Oren M. Levin-Waldman, Research Scholar at the Binzagr Institute, published a public policy op-ed entitled " Revisiting Downs' "An Economic Theory of Democracy" (June 14, 2016) on the Yonkers Tribune.

Flashbeck Economics
Scott Ferguson, Research Scholar at the Binzagr Institute, co-authored an essay with Jorge Amar entitled " Podemos and the Limits of the Neoliberal Order " (June 15, 2o16) on Flashbeck Economics.


Essential Knowledge for Transition
Marco Vangelisti, Research Fellow at the Binzagr Institute, published an article entitled "Let's Talk about the Economy" (June 16, 2016) on Essential Knowledge for Transition.

Financial Times
Robert Hockett, Research Scholar at the Binzagr Institute, was interviewed for  an article entitled "US government puts itself on the line with METLife challenge" (June 20, 2016) in the Financial Times.

The Faculty of Law, University of Oxford
Robert Hockett, Research Scholar at the Binzagr Institute, published a blog entitled "On the Constitutionality of Systemic Risk Regulation" (June 22, 2016) on the University of Oxford website.

The Minskys
Carlos Maciel, Research Fellow at the Binzagr Institute,  co-authored an blog post (with Vitor Mello) entitled "The Job Guarantee: The Coolest Economic Policy You've Never Heard Of" (June  25, 2016) on The Minskys - an economics blog created by graduate students from the Levy Economics Institute.

Forbes
John T. Harvey, Research Scholar at the Binzagr Institute, published an article entitled "The EU Is Broken But Brexit Doesn't Fix It" (June 28, 2016) on Forbes.

The Huffington Post
John A. Powell, Advisory Board member at the Binzagr Institute, published a blog entitled "A Bridge From Brexit" (June 28, 2016) on the Huffington Post.

The Huffington Post

Ellen Brown, Research Scholar at the Binzagr Institute, published an op-ed titled "Brexit and the Derivatives Time Bomb" (July 2, 2016) on the Huffington Post.

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