---------- Forwarded message ---------- From: World Economics Association <[email protected]> Date: Wed, Jan 15, 2014 at 10:37 PM Subject: real-world economics review - issue no. 66 To: michelsub2004 <[email protected]> <http://p.feedblitz.com/r3.asp?l=60617551&f=332386&u=8347871&c=4706166><http://p.feedblitz.com/r3.asp?l=60617551&f=332386&u=8347871&c=4706166>real-world economics review<http://p.feedblitz.com/r3.asp?l=60617551&f=332386&c=4706166>- issue no. 66 ------------------------------ <http://p.feedblitz.com/r3.asp?l=84856454&f=332386&u=8347871&c=4706166> *real-world* *economics review* *- *Subscribers: *23,924 *Subscribe *here <http://www.feedblitz.com/f/f.fbz?Sub=332386> *Blog<http://p.feedblitz.com/t3.asp?/332386/8347871/4706166/rwer.wordpress.com/> ISSN 1755-9472 *- *A journal of the World Economics Association <http://p.feedblitz.com/t2.asp?/332386/4534930/0/www.worldeconomicsassociation.org/> (WEA) 12,557 members, join here<http://p.feedblitz.com/t2.asp?/332386/4534930/0/http://www.worldeconomicsassociation.org/> *- *Sister open access journals*: Economic Thought <http://p.feedblitz.com/t2.asp?/332386/4534930/0/http://et.worldeconomicsassociation.org/>* and *World Economic Review <http://p.feedblitz.com/t2.asp?/332386/4534930/0/http://wer.worldeconomicsassociation.org/>* *- *back issues at *www.paecon.net <http://p.feedblitz.com/t2.asp?/332386/4534930/0/http://www.paecon.net/> *recent issues: 65<http://p.feedblitz.com/t2.asp?/332386/4534930/0/www.paecon.net/PAEReview/issue65/whole65.pdf> 64<http://p.feedblitz.com/t2.asp?/332386/4534930/0/www.paecon.net/PAEReview/issue64/whole64.pdf> 63<http://p.feedblitz.com/t2.asp?/332386/4534930/0/www.paecon.net/PAEReview/issue63/whole63.pdf> 62<http://p.feedblitz.com/t2.asp?/332386/4534930/0/www.paecon.net/PAEReview/issue62/whole62.pdf> 61<http://p.feedblitz.com/t2.asp?/332386/4534930/0/www.paecon.net/PAEReview/issue61/whole61.pdf> 60<http://p.feedblitz.com/t2.asp?/332386/4534930/0/www.paecon.net/PAEReview/issue60/whole60.pdf> 59<http://p.feedblitz.com/t2.asp?/332386/4534930/0/www.paecon.net/PAEReview/issue59/whole59.pdf> 58<http://p.feedblitz.com/t2.asp?/332386/4534930/0/www.paecon.net/PAEReview/issue58/whole58.pdf> 57<http://p.feedblitz.com/t2.asp?/332386/4534930/0/www.paecon.net/PAEReview/issue57/whole57.pdf> 56<http://p.feedblitz.com/t2.asp?/332386/4534930/0/www.paecon.net/PAEReview/issue56/whole56.pdf> *Issue no. 66, 13 January 2014* *http://www.paecon.net/PAEReview/issue66/whole66.pdf <http://p.feedblitz.com/t3.asp?/332386/4534930/0/www.paecon.net/PAEReview/issue64/whole64.pdf> You can download the whole issue as a pdf document by clicking here <http://p.feedblitz.com/t2.asp?/332386/4534930/0/www.paecon.net/PAEReview/issue66/whole66.pdf> * *In this issue:* *Secular stagnation and endogenous money* Steve Keen *download pdf <http://p.feedblitz.com/t3.asp?/332386/8347871/4706166/www.paecon.net/PAEReview/issue66/Keen66.pdf>* 2 *Micro versus Macro * Lars Pålsson Syll *download pdf <http://p.feedblitz.com/t3.asp?/332386/8347871/4706166/www.paecon.net/PAEReview/issue66/Syll66.pdf>* 12 *On facts and values: a critique of the fact value dichotomy * Joseph Noko *download pdf <http://p.feedblitz.com/t3.asp?/332386/8347871/4706166/www.paecon.net/PAEReview/issue66/Noko66.pdf>* 30 *Modern Money Theory and New Currency Theory: A comparative discussion * Joseph Huber *download pdf <http://p.feedblitz.com/t3.asp?/332386/8347871/4706166/www.paecon.net/PAEReview/issue66/Huber66.pdf>* 38 *Fama-Shiller, the Prize Committee and the “Efficient Markets Hypothesis” * Bernard Guerrien and Ozgur Gun *download pdf <http://p.feedblitz.com/t3.asp?/332386/8347871/4706166/www.paecon.net/PAEReview/issue66/GuerrienGun66.pdf>* 58 *How capitalists learned to stop worrying and love the crisis * Shimshon Bichler and Jonathan Nitzan *download pdf <http://p.feedblitz.com/t3.asp?/332386/8347871/4706166/www.paecon.net/PAEReview/issue66/BichlerNitzan66.pdf>* 65 *Two approaches to global competition: A historical review * M. Shabid Alam *download pdf <http://p.feedblitz.com/t3.asp?/332386/8347871/4706166/www.paecon.net/PAEReview/issue66/Alam66.pdf>* 74 *Dimensions of real-world competition – a critical realist perspective * Hubert Buch-Hansen *download pdf <http://p.feedblitz.com/t3.asp?/332386/8347871/4706166/www.paecon.net/PAEReview/issue66/BuchHansen66.pdf>* 80 *Information economics as mainstream economics and the limits of reform * Jamie Morgan and Brendan Sheehan *download pdf <http://p.feedblitz.com/t3.asp?/332386/8347871/4706166/www.paecon.net/PAEReview/issue66/MorganSheehan66.pdf>* 95 *The **À* *capability matrix: GDP and the economics of human development * Jorge Buzaglo *downloiad pdf <http://p.feedblitz.com/t3.asp?/332386/8347871/4706166/www.paecon.net/PAEReview/issue66/Buzaglo66.pdf>* 109 *Open access vs. academic power * C P Chandrasekhar *download pdf <http://p.feedblitz.com/t3.asp?/332386/8347871/4706166/www.paecon.net/PAEReview/issue66/Chandrasekhar66.pdf>* 127 *Interview* with Edward Fullbrook on New Paradigm Economics vs. Old Paradigm Economics *download pdf <http://p.feedblitz.com/t3.asp?/332386/8347871/4706166/www.paecon.net/PAEReview/issue66/Fullbrook66.pdf>* 131 *Book review* of* The Great Eurozone Disaster: From Crisis to Global New Deal* *download pdf <http://p.feedblitz.com/t3.asp?/332386/8347871/4706166/www.paecon.net/PAEReview/issue66/Ryner66.pdf>* 144 *Comment:* Romar Correa on “A Copernican Turn in Banking Union”, by Thomas Mayer *download pdf <http://p.feedblitz.com/t3.asp?/332386/8347871/4706166/www.paecon.net/PAEReview/issue66/Correa66.pdf>* 147 Editorial Board, Submissions, past contributors, and etc. 149 *Instant comments – *You may post comments on papers in this issue on the *Real-World Economics Review Blog <http://p.feedblitz.com/t3.asp?/332386/4534930/0/rwer.wordpress.com/>*, [ http://rwer.wordpress.com/<http://p.feedblitz.com/t3.asp?/332386/4534930/0/rwer.wordpress.com/> ]. *from the Blog: *Is bitcoin ´money´? The Post Keynesian view<http://p.feedblitz.com/t3.asp?/332386/8347871/4706166/rwer.wordpress.com/2013/11/27/14335/> - Individual rationality is the wrong starting point<http://p.feedblitz.com/t3.asp?/332386/8347871/4706166/rwer.wordpress.com/2013/10/11/individual-rationality-is-the-wrong-starting-point/> - Summary of the Great Transformation by Polanyi<http://p.feedblitz.com/t3.asp?/332386/8347871/4706166/rwer.wordpress.com/2013/09/05/summary-of-the-great-transformation-by-polanyi/> - Economics textbooks – how to get away with scientific fraud<http://p.feedblitz.com/t3.asp?/332386/8347871/4706166/rwer.wordpress.com/2013/11/29/economics-textbooks-how-to-get-away-with-scientific-fraud/> - Two American epochs (charts)<http://p.feedblitz.com/t3.asp?/332386/8347871/4706166/rwer.wordpress.com/2013/10/16/two-american-epochs-growing-together-1947-1979-and-growing-apart-1979-2012-charts/> - Deutsche bank: fifteen shades of fraud<http://p.feedblitz.com/t3.asp?/332386/8347871/4706166/rwer.wordpress.com/2013/03/23/deutsche-bank-fifty-shades-of-fraud/> - “Such an economy kills”<http://p.feedblitz.com/t3.asp?/332386/8347871/4706166/rwer.wordpress.com/2013/12/03/such-an-economy-kills/> - Reflections on the “Inside Job”<http://p.feedblitz.com/t3.asp?/332386/8347871/4706166/rwer.wordpress.com/2011/02/24/reflections-on-the-%e2%80%9cinside-job%e2%80%9d/> - Mathematical modelling in economics<http://p.feedblitz.com/t3.asp?/332386/8347871/4706166/rwer.wordpress.com/2013/09/02/mathematical-modelling-in-economics/> - Interest rates in The Netherlands (1590-2012) and the UK (1703-1912)<http://p.feedblitz.com/t3.asp?/332386/8347871/4706166/rwer.wordpress.com/2013/10/28/interest-rates-in-the-netherlands-1590-2012-and-the-uk-1703-1912/> - Handbag economics: The ideology of austerity<http://p.feedblitz.com/t3.asp?/332386/8347871/4706166/rwer.wordpress.com/2013/12/12/handbag-economics-the-ideology-of-austerity/> - Economists and astronomers: Why are the former lost in space?<http://p.feedblitz.com/t3.asp?/332386/8347871/4706166/rwer.wordpress.com/2014/01/04/economists-and-astronomers-why-are-the-former-lost-in-space/> Online contents page for this issue is *here <http://p.feedblitz.com/t3.asp?/332386/8347871/4706166/www.paecon.net/PAEReview/issue66/contents66.htm>* *Dear WEA member,* “If there is one institution that keeps the torch for heterodox economics alight, it's the World Economics Association. 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