<html><head></head><body bgcolor="#FFFFFF"><div>for the reading pleasure of those interested...<br><br>Live<div>Love</div><div>Learn</div><div>Laugh</div><div>Let go</div></div><div><br>Begin forwarded message:<br><br></div><blockquote type="cite"><div><b>From:</b> "World Economics Association" <<a href="mailto:contact@worldeconomicsassociation.org">contact@worldeconomicsassociation.org</a>><br><b>Date:</b> June 20, 2012 10:00:22 AM PDT<br><b>To:</b> ecoeconomist11 <<a href="mailto:ecoeconomist11@gmail.com">ecoeconomist11@gmail.com</a>><br><b>Subject:</b> <b>World Economics Association - WEA - real-world economics review, issue no. 60</b><br><b>Reply-To:</b> "World Economics Association" <<a href="mailto:contact@worldeconomicsassociation.org">contact@worldeconomicsassociation.org</a>><br><br></div></blockquote><div></div><blockquote type="cite"><div>

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                                        <a href="http://p.feedblitz.com/r.asp?l=56496096&f=763931&u=26157112&c=4195390"></a><h1 style="clear:both;"><a href="http://p.feedblitz.com/r.asp?l=56496096&f=763931&u=26157112&c=4195390"></a><a href="http://p.feedblitz.com/r.asp?l=56496096&f=763931&c=4195390">World Economics Association</a> - WEA - real-world economics review, issue no. 60<br></h1>
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                        <font size="1"><span style="font-family: arial,helvetica,sans-serif;">sanity, humanity and science</span> </font>

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                        <span style="font-size: 36px;"><span style="font-family: arial,helvetica,sans-serif;"><span style="color: rgb(255, 0, 0);"><strong>real-world</strong> </span> <strong> <span style="color: rgb(255, 0, 0);"> </span> <span style="color: rgb(128, 0, 128);">economics</span> <span style="color: rgb(0, 0, 255);">review<span style="font-size: 12px;"> </span></span></strong></span></span></p>
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                        <strong><em>- </em> </strong>a journal of the <u><strong> <span style="color: rgb(0, 0, 205);"> </span> <a href="http://p.feedblitz.com/t2.asp?/332386/4534930/0/http://www.worldeconomicsassociation.org/Newsletter/"><font color="#000000"> </font><span style="color: rgb(0, 0, 205);"> World Economics Association </span><font color="#000000"> </font></a> <span style="color: rgb(0, 0, 205);"> </span> </strong> </u>(13 months old; 10,099 members)

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                        <strong><strong><em><font face="Arial" size="2">-</font> </em> </strong> </strong>back issues at <strong><u><a href="http://p.feedblitz.com/t2.asp?/332386/4534930/0/http://www.paecon.net/"><font color="#000000"> </font><span style="color: rgb(0, 0, 205);">www.paecon.net</span></a> </u> </strong>recent issues:<span ms="" style="color: black; font-family: ;"> </span><span ms=""><a href="http://p.feedblitz.com/t2.asp?/332386/4534930/0/http://www.paecon.net/PAEReview/issue59/whole59.pdf"><span style="color: rgb(0, 0, 205);">59</span></a></span></span><a href="http://p.feedblitz.com/t2.asp?/332386/4534930/0/http://www.paecon.net/PAEReview/issue58/whole58.pdf"><span style="color: rgb(0, 0, 205);"> </span></a><span style="font-family: arial,helvetica,sans-serif;"><a href="http://p.feedblitz.com/t2.asp?/332386/4534930/0/http://www.paecon.net/PAEReview/issue58/whole58.pdf"><span style="color: rgb(0, 0, 205);">58</span><font color="#000000"> </font></a> <span style="color: rgb(0, 0, 205);"> </span> <a href="http://p.feedblitz.com/t2.asp?/332386/4534930/0/http://www.paecon.net/PAEReview/issue57/whole57.pdf"><font color="#000000"> </font><span style="color: rgb(0, 0, 205);">57</span><font color="#000000"> </font></a> <span style="color: rgb(0, 0, 205);"> <strong> </strong> </span> <a href="http://p.feedblitz.com/t2.asp?/332386/4534930/0/http://www.paecon.net/PAEReview/issue56/whole56.pdf"><font color="#000000"> </font><span style="color: rgb(0, 0, 205);"> 56 </span><font color="#000000"> </font></a> <span style="color: rgb(0, 0, 205);"> </span> <a href="http://p.feedblitz.com/t2.asp?/332386/4534930/0/http://www.paecon.net/PAEReview/issue55/whole55.pdf"><font color="#000000"> </font><span style="color: rgb(0, 0, 205);">55</span><font color="#000000"> </font></a> <span style="color: rgb(0, 0, 205);"> </span> <a href="http://p.feedblitz.com/t2.asp?/332386/4534930/0/http://www.paecon.net/PAEReview/issue54/whole54.pdf"><font color="#000000"> </font><span style="color: rgb(0, 0, 205);">54</span><font color="#000000"> </font></a> <span style="color: rgb(0, 0, 205);"> </span> <a href="http://p.feedblitz.com/t2.asp?/332386/4534930/0/http://www.paecon.net/PAEReview/issue53/whole53.pdf"><font color="#000000"> </font><span style="color: rgb(0, 0, 205);">53</span><font color="#000000"> </font></a> <span style="color: rgb(0, 0, 205);"> </span> <a href="http://p.feedblitz.com/t2.asp?/332386/4534930/0/http://www.paecon.net/PAEReview/issue52/whole52.pdf"><font color="#000000"> </font><span style="color: rgb(0, 0, 205);">52</span><font color="#000000"> </font></a> <span style="color: rgb(0, 0, 205);"> </span> <a href="http://p.feedblitz.com/t2.asp?/332386/4534930/0/http://www.paecon.net/PAEReview/issue51/contents51.htm"><font color="#000000"> </font><span style="color: rgb(0, 0, 205);">51</span><font color="#000000"> </font></a> <span style="color: rgb(0, 0, 205);"> </span> <a href="http://p.feedblitz.com/t2.asp?/332386/4534930/0/http://www.paecon.net/PAEReview/issue50/contents50.htm"><font color="#000000"> </font><span style="color: rgb(0, 0, 205);">50</span><font color="#000000"> </font></a>

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                        <span style="font-family: arial,helvetica,sans-serif;"><strong>Issue no. 60</strong>, 20 June 2012 </span>

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                        <span style="font-family: arial,helvetica,sans-serif;"><strong><span style="font-size: 10px;"><span style="font-family: arial,helvetica,sans-serif;"><u><a href="http://p.feedblitz.com/t2.asp?/332386/4534930/0/http://www.paecon.net/PAEReview/issue59/whole59.pdf"><span style="color: rgb(0, 0, 205);">http://www.paecon.net/PAEReview/issue60/whole60.pdf </span><font color="#000000"> </font></a> <span style="color: rgb(0, 0, 205);"> </span> </u> </span> <u> <span style="color: rgb(0, 0, 205);"> </span> </u> </span>

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                        You can download the whole issue as a pdf document by clicking </strong><span style="font-size: 22px;"><strong><u><span lang="EN-US" new="" times=""><a href="http://p.feedblitz.com/t2.asp?/763931/26157112/4195390/http://www.paecon.net/PAEReview/issue60/whole60.pdf"><strong><font color="#0000ff">here</font></strong></a></span></u></strong></span></span></p>
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                        <span style="font-family: arial,helvetica,sans-serif;"><span style="font-size: 12px;"><span style="font-size: 18px;"><span style="font-size: 20px;"><strong>In this issue:</strong> </span></span>

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                        <strong>Neo-classical economics: 2</strong>

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                        <strong>A trail of economic destruction since the 1970s</strong>

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                        Erik S. Reinert <span style="font-size: 11px;"><strong><u><a href="http://p.feedblitz.com/t2.asp?/332386/4534930/0/http://www.paecon.net/PAEReview/issue60/Reinert60.pdf"><span style="color: rgb(0, 0, 205);">download pdf</span></a><span style="color: rgb(0, 0, 205);"> </span></u></strong></span></span></span></p>
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                        <span style="font-family: arial,helvetica,sans-serif;"><span style="font-size: 12px;"><strong>The asymptotes of power 18 </strong></span>

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                        <span style="font-size: 12px;">Shimshon Bichler and Johnathan Nitzan <span style="font-size: 11px;"><u><strong><span lang="EN-US" new="" times=""><a href="http://p.feedblitz.com/t2.asp?/763931/26157112/4195390/http://www.paecon.net/PAEReview/issue60/BichlerNitzan60.pdf"><font color="#0000ff">download pdf</font></a></span></strong></u></span></span></span></p>
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                        <span style="font-family: arial,helvetica,sans-serif;"><span style="font-size: 12px;"><strong>The Greek financial crisis and a developmental path to recovery 54</strong></span></span>

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                        <span style="font-size: 12px;"><span style="font-family: arial,helvetica,sans-serif;"><span style="font-family: arial,helvetica,sans-serif;">Nikolaos Karagiannis and Alexander G. Kondeas </span><span style="font-size: 11px;"><u><span lang="EN-US" new="" times=""><a href="http://p.feedblitz.com/t2.asp?/763931/26157112/4195390/http://www.paecon.net/PAEReview/issue60/KaragiannisKondeas60.pdf"><strong><font color="#0000ff">download pdf</font></strong></a></span></u></span></span></span></p>
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                        <span style="font-size: 12px;"><span style="font-family: arial,helvetica,sans-serif;"><strong>Open peer review, open access and a House of Commons report 74</strong>

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                        Grazi Ietto-Gillies <span style="font-size: 11px;"><u><span lang="EN-US" new="" times=""><a href="http://p.feedblitz.com/t2.asp?/763931/26157112/4195390/http://www.paecon.net/PAEReview/issue60/IettoGillies60.pdf"><strong><font color="#0000ff">download pdf</font></strong></a></span></u></span></span></span></p>
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                        <span style="font-size: 12px;"><span style="font-family: arial,helvetica,sans-serif;"><strong>Llimits to growth and stochastics</strong> <strong>92</strong>

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                        Nicolas Bouleau <span style="font-size: 11px;"><u><span lang="EN-US" new="" times=""><a href="http://p.feedblitz.com/t2.asp?/763931/26157112/4195390/http://www.paecon.net/PAEReview/issue60/Bouleau60.pdf"><strong><font color="#0000ff">download pdf</font></strong></a></span></u></span></span></span></p>
                <p>
                        <span style="font-size: 12px;"><span style="font-family: arial,helvetica,sans-serif;"><span style="font-size: 12px;"><span style="font-family: arial,helvetica,sans-serif;"><strong>Democracy and sustainable development 107</strong>

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                        <span style="font-size: 12px;"><span style="font-family: arial,helvetica,sans-serif;">Peter Soderbaum </span></span></span><span style="font-size: 12px;"><span style="font-size: 11px;"><u><span lang="EN-US" new="" times=""><a href="http://p.feedblitz.com/t2.asp?/763931/26157112/4195390/http://www.paecon.net/PAEReview/issue60/Soderbaum60.pdf"><strong><font color="#0000ff">download pdf</font></strong></a></span></u></span></span>

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                        <span style="font-family: arial,helvetica,sans-serif;"><span style="font-size: 12px;"><span style="font-family: arial,helvetica,sans-serif;"><span style="font-size: 12px;"><span style="font-family: arial,helvetica,sans-serif;"><strong>Rethinking macroeconomics in light of the US financial crisis 120</strong></span></span>

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                        <span style="font-size: 12px;"><span style="font-family: arial,helvetica,sans-serif;">Victor A Beker </span></span></span></span></span><span style="font-size: 12px;"><span style="font-size: 12px;"><span style="font-size: 11px;"><u><span lang="EN-US" new="" times=""><a href="http://p.feedblitz.com/t2.asp?/763931/26157112/4195390/http://www.paecon.net/PAEReview/issue60/Beker60.pdf"><strong><font color="#0000ff">download pdf</font></strong></a></span></u></span></span></span></span></span></span></p>
                <p>
                        <span style="font-family: arial,helvetica,sans-serif;"><span style="font-size: 12px;"><strong>Marginal productivity theory of the price of capital: </strong></span></span>

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                        <span style="font-family: arial,helvetica,sans-serif;"><span style="font-size: 12px;"><strong>an historical perspective on the origins of the codswallop 139 </strong></span></span>

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                        <span style="font-size: 12px;"><span style="font-family: arial,helvetica,sans-serif;">Roy H. Grieve <span style="font-size: 11px;"><u><span lang="EN-US" new="" times=""><a href="http://p.feedblitz.com/t2.asp?/763931/26157112/4195390/http://www.paecon.net/PAEReview/issue60/Grieve60.pdf"><strong><font color="#0000ff">download pdf</font></strong></a></span></u> </span></span></span><span id="cke_bm_130E" style="display: none;"> </span></p>
                <p>
                        <font size="1"><span style="font-family: arial,helvetica,sans-serif;">Past Contributors, etc.<span id="cke_bm_94S" style="display: none;"> </span> 150<strong><span style="background-color: rgb(255, 255, 0);"><span id="cke_bm_94E" style="display: none;">150 </span></span></strong></span></font></p>
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                        <span style="font-size: 12px;"><span style="font-family: arial,helvetica,sans-serif;"><strong>Comments – </strong>You may post comments on papers in this issue at <u> <span style="color: rgb(0, 0, 205);"> </span> <a href="http://p.feedblitz.com/t2.asp?/332386/4534930/0/http://rwer.wordpress.com/2012/03/12/rwer-issue-59/"><font color="#000000"> </font><span style="color: rgb(0, 0, 205);">http://rwer.wordpress.com/2012/</span><span style="color: rgb(0, 0, 205);">06/20rwer-issue-60/</span></a><a href="http://p.feedblitz.com/t2.asp?/332386/4534930/0/http://rwer.wordpress.com/2012/03/12/rwer-issue-59/"><font color="#000000"> </font></a> </u><u><span style="color: rgb(0, 0, 205);"> </span> </u> on the<span style="color: rgb(0, 0, 205);"> </span></span></span><span style="font-family: arial,helvetica,sans-serif;"><span style="font-size: 12px;"><em><u><a href="http://p.feedblitz.com/t2.asp?/332386/4534930/0/http://rwer.wordpress.com/"><span style="color: rgb(0, 0, 205);">Real-World Economics Review Blog</span></a></u></em></span></span></p>
                <p>
                        <span style="font-family: arial,helvetica,sans-serif;"><span style="font-size: 12px;"><em><strong><span style="font-size: 10px;"><span style="font-size: 10px;"><span style="font-size: 14px;"><strong><span style="font-family: arial,helvetica,sans-serif;">decline of the </span></strong></span><span style="font-family: arial,helvetica,sans-serif;"><strong><span style="font-size: 20px;"><span style="color: rgb(255, 0, 0);">USA </span></span>(relative to 29 OECD countires) - </strong></span></span></span></strong></em><span style="font-size: 10px;"><span style="font-size: 10px;"><span style="font-family: arial,helvetica,sans-serif;">Edward Fullbrook</span></span></span></span></span>

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                        <span style="font-size: 10px;"><span style="font-size: 11px;"><span style="font-family: arial,helvetica,sans-serif;"><u><span lang="EN-US" new="" times=""><span lang="EN-US" new="" style="color: mediumblue;" times="" trebuchet=""><a href="http://p.feedblitz.com/t2.asp?/763931/26157112/4195390/http://www.paecon.net/PAEReview/issue60/Endorsements2.pdf"><font color="#0000ff">Endorsements</font></a> </span></span></u></span></span></span>

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                        <span style="font-family: arial,helvetica,sans-serif;"><span style="font-size: 12px;"><strong><strong><span style="font-family: arial,helvetica,sans-serif;"><strong><span style="font-family: arial,helvetica,sans-serif;">For the next <u>72 hours </u>RWER subscribers may </span><span><u><span style="font-size: 14px;"><a href="http://p.feedblitz.com/t2.asp?/332386/4534930/0/http://www.paecon.net/RWEBooks/USA/DeclineoftheUSA1.pdf"><span style="color: rgb(0, 0, 255);">download this pdf ebook for free</span></a></span></u>.</span></strong></span></strong></strong></span></span></p>
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                <p>
                        <span style="font-family: arial,helvetica,sans-serif;"><font size="1">The opinions given in this journal’s papers are those of their authors, not those of the editors or the World Economics Association, nor are the editors and the Association responsible for such opinions or any claims resulting from them, nor do they make warranties or representations whatsoever regarding the quality, content, completeness, or adequacy of such information and data. </font></span></p>
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