Dear Colleague,

Below is an advert calling for graduate students and new Ph.Ds. to attend the
AFEE/UMKC Economics Summer School. It is open to all heterodox economists
anywhere in the world. Not only will the students get interesting lectures from
dynamic lecturers, they will also get introduced to the frontiers of
heterodox-Institutionalist economic theory and application. Please make this
opportunity known to any of your students who might be interested. The cost of
attending the summer school will not be great as efforts are being made to raise
enough monet to cover the students room and board and at least part of their
travel expenses.

Sincerely,

Fred Lee


                                   CALL FOR STUDENTS

                             AFEE/UMKC Economics Summer School

                                   June 23-28, 2001

          Theme: Institutionalist Perspectives on the "New Economy" and
"Globalization"

The world economy is undergoing dramatic transformations.

Volatile Stock and Currency Markets! Growing Gap Between Rich and Poor!
Increasing Concentration and Monopoly Power! Global Warming!
Possible Recession/Depression!

Go beyond General Equilibrium Theory and Empty Formalism and get to the
source of these changes–economic evolution, institutional adjustments and
lags, technological change and POWER. At the AFEE/UMKC Economics Summer
School we will highlight what orthodox economics programs leave out: the REAL
WORLD!

Not since the 1930's has there been such a need for economic theory to be
grounded in economic reality. Institutional Economics is the tradition that
explains (and foresaw) these economic catastrophes. The AFEE/UMKC Economics
Summer School will introduce students to this exciting and relevant body of
economic theory.

The AFEE/UMKC Economics Summer School, sponsored jointly by the Association
for Evolutionary Economics (AFEE); the University of Missouri - Kansas City;
and the Center for Full Employment and Price Stability at the University of
Missouri at Kansas City, will provide participants with an introduction to
the ideas and modern applications of institutional economics. Taught by
leading Institutional Economists, the 2001 Economics Summer School will
concentrate on the following topics: Institutional Economics and Economic
Change; Global Labor Market Flexibility; Financial Fragility and
Globalization; Macroeconomic Policy for 21st Century (How to Combat
Recessions); Winners and Losers in the "New Economy" and Corporate
Capitalism.

The Summer School will be held on the campus of the University of Missouri -
Kansas City in Kansas City, Missouri.

The dates of this year's summer school are June 23-28, 2001.

Admission is open to graduate students and recent Ph.D.'s. Tuition and room
and board will be provided to all participants. AFEE also will make available
a number of travel stipends that will cover most of the costs of travel to
and from the workshop, if participants take advantage of advance airfare
bookings and Saturday stay-overs. Applications should include four copies of:
a CV; a 1-2 page statement of what each student hopes to get out of the
Economics Summer School and a statement indicating familiarity with heterodox
and institutional economics. These materials will serve as the application for
both
the summer school and for the travel stipends. Send the materials to to
Professor Charles M. A. Clark at the address below. AFEE's Graduate Education
Committee will screen all applicants and notify participants no later than April
1, 2001.

For more information contact:
Professor Charles M. A. Clark
Department of Economics
St. John's University
Jamaica, New York 11439
Fax: 718 990 1868
email: [log in to unmask]