The Daily Bulletin Archive

Three members of the Economics and Finance Department presented papers at the conference "Political Economy and the Outlook for Capitalism" July 5–7 in Paris, France. The conference was jointly sponsored by the Association of Heterodox Economics, the International Initiative for Promoting Political Economy, and the Association Française d'Economie Politique, and was one of the largest gatherings of heterodox economists to date, with 900 attendees from more than 40 different countries.

Tae-Hee Jo, assistant professor, presented a paper titled “Financing Investment under Fundamental Uncertainty and Instability: A Heterodox Microeconomic View.”

Victor Kasper, associate professor, presented his paper “Unemployment and Accumulation: Unemployment Scenarios for U.S. Labor in the Wake/Context of the Current Global Crisis” during a session titled “Developments in the Marxist Theory of the Global Economy,” which Kasper chaired. He also presented the paper “Interactions between the Productive Sector and Financial Sector in the U.S. Economy: An Assessment of the Financial Crisis 2007–2010 using a Marxist Macroeconomic Simulation Model,” coauthored with Tamara Apostolou, a graduate of the master's program in applied economics at Buffalo State, during the session “North America in Crisis.”

Ted Schmidt, associate professor, presented a paper titled “An Analysis of the Financialisation Process in Commodity Markets.”