Economic crises and crisis in economics: history, theory and policy FINAL PROGRAMME

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14 th Summer School on History of Economic Thought, Economic Philosophy and Economic History Lisbon, Institute of Social Sciences, 1-8 September 2011 Economic crises and crisis in economics: history, theory and policy FINAL PROGRAMME THURSDAY, 1 SEPTEMBER 10:00 11:00 Registration and welcome 11:00 12:30 Opening lecture. Chair: Annalisa Rosselli, University of Rome, Tor Vergata Jan Kregel, Levy Economics Institute Heroes or Villains? Correct Forecasts of the Sub-Prime Financial Crisis 14:00 15:30 Seminar. Chair: Jorge Vala, ICS, University of Lisbon Louis Lévy-Garboua, University of Paris 1 Panthéon-Sorbonne What are economists looking for in psychology? 15:30 16:00 Coffee Break 16:00 17:30 Workshop 1A: Preferences, emotions and rationality. Chair: José Luís Cardoso, ICS, University of Lisbon Laurie Bréban, University of Paris 1 Panthéon-Sorbonne Smithian sympathy from cognition to emotion Ramzi Mabsout, American University of Beirut Welfare Economics: prospects and challenges 18:30 Guided Visit to Museu Nacional de Arte Antiga 20:00 Welcome dinner, Museu Nacional de Arte Antiga FRIDAY, 2 SEPTEMBER 9:00 10:30 Workshop 1B: Preferences, emotions and rationality. Chair: Richard Arena, University of Nice, Sophia-Antipolis Victor Bianchini, University of Paris 1 Panthéon-Sorbonne James Mill on Intemperance and Individual Preferences Philippe Gillig, University of Strasbourg La question de la rationalité chez J. S. Mill, M. Weber et L. Robbins 1

11:00 12:30 Seminar. Chair: Carlos Bastien, ISEG, Technical University of Lisbon Bruno Amable, University of Paris 1 Panthéon-Sorbonne New theoretical responses to the contemporary crisis 14:00 15:30 Seminar. Chair: Vitor Neves, University of Coimbra Sheila Dow, University of Stirling What Kind of Theory to Guide Reform and Restructuring of the Financial and Non- Financial Sectors? A focus on theoretical approach 15:30 16:00 Coffee Break 16:00 18:30 Workshop 2: Heterodox views on economic problems. Chair: Nathalie Sigot, University of Paris 1 Panthéon-Sorbonne Gulenay Bas Dinar, Hacettepe University Understanding Financial Crisis and Business Cycles with the Analysis of Veblen, and Keynes and Minsky Karol Gil Vasquez, University of Missouri- Kansas City The Heterodox Theories of Crisis on the 2008 U.S. Financial Debacle Natália Bracarense, University of Missouri- Kansas City Economic Development Theory and the Cold War SATURDAY, 3 SEPTEMBER 9:00 10:30 Seminar. Chair: Ragip Ege, University of Strasbourg Daniele Besomi, Switzerland Crises, fluctuations and cycles in the 19 th century economic literature 11:00 12:30 Seminar. Chair: Nathalie Sigot, University of Paris 1 Panthéon-Sorbonne Hans-Michael Trautwein, University of Oldenburg Three macroeconomic syntheses of vintage 1937: Hicks, Haberler and Lundberg 14:00 16:30 Workshop 3: Pre-Keynesian, Keynesian, and New Keynesian economics. Chair: André Lapidus, University of Paris 1 Panthéon-Sorbonne Jocelyn Poirel, University of Paris 1 Panthéon-Sorbonne Pigou s analysis of unemployment in 1913: the plasticity of wage-rates Lionel Rischmann, University of Strasbourg Keynes conception of the business cycles in the Treatise on Money and the General Theory: the prime importance of investment and expectations Johannes Schwarzer, University of Hohenheim Macroeconomic Thought over the Course of Time: The Phillips Curve Example 16:30 17:00 Coffee break 2

17:00 18:30 Tutorials 19:30 Visit to Bairro Alto and Summer School Dinner at Restaurante Sacramento (Chiado) SUNDAY, 4 SEPTEMBER Cultural visits to Museu Gulbenkian and to historical sites in Lisbon (Alfama and Belém) MONDAY, 5 SEPTEMBER 9:00 10:30 Seminar. Chair: José Luís Cardoso, ICS, University of Lisbon Rodolphe Dos Santos Ferreira, University of Strasbourg Keynes s General Theory: Why general? 11:30 13:30 Visit to Palácio Santos, Ambassade de France 15:30 18:30 Workshop 4: Institutions and economic performance. Chair: Ragip Ege, University of Strasbourg Mattia Fochesato, University of Siena Public Debt Evolution and Social Groups interaction. The case of Siena in the 14th century Fanny Billod, University of France-Comté/University of Vienna (Austria) Une statistique universitaire pour réformer la monarchie autrichienne à l'aube du XIX siècle Cordelius Ilgmann, University of London The Advent of Corporate Limited Liability in Prussia 1843 Irène Berthonnet, University of Lille 1 North and Williamson: an Institutionalist approach of efficiency? 19:00 20:00 Meeting of the scientific committee TUESDAY, 6 SEPTEMBER 9:00 10:30 Seminar. Chair: Richard Arena, University of Nice, Sophia-Antipolis Ghislain Deleplace, University of Paris 8 Financial crisis and Currency crisis: Keynes s lessons of the 1930s 3

14:00 16:30 Workshop 5: Wealth and riches. Chair: Jean-Sébastien Lenfant, University of Lille 1 Caroline Bauer, University of Strasbourg/ University of Genéve La pensée de Jean Calvin admet-elle implicitement la légitimité de l accumulation des richesses? Julie Ferrand, University of Paris 1 Panthéon-Sorbonne "Droit à la subsistance" Vs "Droit de propriété": Mably et le commerce des grains Jean-Baptiste Frery, University of Lyon 2 Jean-Baptiste Say et la question de la population 16:30 17:00 Coffee Break 17:00 18:30 Workshop 6: Social issues and public policies. Chair: Ghislain Deleplace, University of Paris 8 Philippe Poinsot, University of Paris 2/University of Paris 1 Pantéhon-Sorbonne Could General Welfare be confused with Public Utility in Jules Dupuit s Thought? The Consistency of Dupuit s Position on Tobacco and Alcohol in Perspective Antoine Missemer, University of Lausanne/University of Lyon 2 Ressources Minieres et theorie de la rente chez W.S. Jevons: reconsiderer l`epuisabilité WEDNESDAY, 7 SEPTEMBER 9:00 10:30 Seminar. Chair: Jean-Sébastien Lenfant, University of Lille 1 José Maria Castro Caldas, University of Coimbra New theoretical responses to understanding financial markets: the case of behavioural finance 14:00 17:00 Workshop 7: Monetary policies and banking systems. Chair: Annalisa Rosselli, University of Roma, Tor Vergata Edoard Beretta, University of Lugano Some monetary lessons from German economists of the past: Lights and shadows of economists collective memory Eugenia Dinivitzer, University of Macerata The Theoretical Foundations of the Gold Exchange Standard Vicent Duchaussoy, University of Rouen/Bank of France La lente mue du réseau de la Banque de France: modernisation structurelle ou adaptation contrainte? (1966-1991) Romain Thiébaud, University of Paris 1 Panthéon-Sorbonne 4

Why Banking Liquidity Does Matter? The French Monetary Policy from 1945 to 1983 19:00 20:30 Roundtable at the Institut Français au Portugal on La science économique face à la crise : les leçons de l Histoire (with Jorge Braga de Macedo, Ghislain Deleplace and Rodolphe dos Santos Ferreira) 20:30 Cocktail THURSDAY, 8 SEPTEMBER 9:00 10:30 Seminar. Chair: André Lapidus, University of Paris 1 Panthéon-Sorbonne Harald Hagemann, University of Hohenheim Schumpeter's Theory of Economic Development 14:00 15:30 Workshop 8: Microeconomic approaches: competition, equilibrium and industrial organization. Chair: Rodolphe dos Santos Ferreira, University of Strasbourg Alejandra Catalina Ramos Moreno, University of the Andes/University of Lausanne Perfect Competition in Walras Cindy Navarro, University of Nice Sophia Antipolis/GREDEG, CNRS Game theory and industrial organization in the light of thirty years contributions 15:30 16:00 Closing remarks 5