Professor Victor Kasper co-authored an introduction to an article in Research in Political Economy. The citation for the introdction is: Kasper, Victor and Paul Zarembka, "Introductory comments for an article by Simon Stander." Research in Political Economy 25 (2009): 3-10. The article introduced was: Simon Stander, “Why Capitalism Survives Crises: The Shock Absorbers.”Research in Political Economy 25 (2009): 11-206.
Professor Victor Kasper's co-authored chapter in a book was published in a book that appeared in print this year. The chapter was co-authored with a student from the Masters of Arts in Applied Economics program. The citation for the publication is: Kulkarni, Ashwini and Victor Kasper, Jr.”A Model of US-Mexico Trade and Exchange Rates Relationship with Some Implications for Credit Rationing in Mexico.” Chapter 7 in Alfredo Castillo Polanco, editor. Diferentes Angulos de la Relacion Banca y Pequenos Negocios (Different Approaches to the Relationships of Banks and Small Business) Mexico: Universidad de Quintana Roo, 2009.
Professor Tae-Hee Jo published a book review, Transforming Economics: Perspectives on the Critical Realist Project, edited by Paul Lewis, London: Routledge, 2004. 311pp. ISBN 0-415-36967-3, Review of Political Economy, Vol. 21, No.1, January 2009 .
Professor Joelle Leclaire published an article, "U.S. deficit control and private-sector wealth", Journal of Post Keynesian Economics, Vol.31, No.1, Fall 2008.
Professor William Ganley published a book review, The Evolutionary Foundations of Economics, edited by Kurt Dopfer, New York: Cambridge University Press, 2006. 592pp., ISBN: 0-521-69131-1, Eastern Economic Journal, Vol. 34, No.3, Summer 2008.
Professor Joelle Leclaire published a book, Great Deficit Debacle—Causes and Consequences of American Federal Budget Surpluses and Deficit, Saarbrücken, Germany: VDM Verlag (May 28, 2008). ISBN: 978-3639030778, 128 pages.
About the book:
Over the entire post-war period the federal government has consistently run budget deficits, with one major exception, the surpluses from 1998 to 2001. What events and policy changes caused this radical change in the US budget situation? And, what happened in 2001 that pushed the budget back into deficit? These questions and more are answered by The Great Deficit Debacle. Despite the fact that in the US, a federal budget deficit is the normal situation, Presidents and Congresses typically aim for surpluses. This misguided policy goal increases the financial fragility of our economy, and recession is the natural result. This book clears up common misconceptions about what policymakers should be doing to help stabilize the economy, especially now that financial flows have become so prevalent. The Great Deficit Debacle will serve as an invaluable reference to government economists and policymakers, academic economists, and, concerned citizens who want to understand what can be done to improve the economy's capacity to create jobs, wealth and prosperity.
Professor Joelle Leclaire published an article, "Seeking full employment in a modern world", International Journal of Political Economy, 36, no. 3, Fall 2007