ECONOMICS ASSOCIATION FOR INSTITUTIONAL THOUGHT (AFIT)

ECONOMICS: ASSOCIATION FOR INSTITUTIONAL THOUGHT (AFIT)
ECONOMICS: ASSOCIATION FOR
INSTITUTIONAL THOUGHT (AFIT)
Hendrik Van den Berg
Mount Holyoke College
Panel 1
Moderator
THURSDAY
8:00 – 9:30 am
Pacific I
Institutional Analysis in the Developing World
Kalpana Khanal, Nichols College
“An Investigation into Possible Drivers of Increasing
Food Dependency in Sub-Saharan Africa”
Jean Arment, University of Utah
“Institutional Adjustments in Venezuela under Hugo
Chavez: An Alternative Model for Socio-Economic
Transformation in Developing Countries?”
Zhuo Fu Chen, University of Missouri Kansas City
“Do Institutions Matter for Economic Performance?
Evidence from Turkey”
Tamer Cetin, Yildiz Technical University, Istanbul
“Nepal-India International Relations from an
Institutional Perspective”
Kalpana Khanal, Nichols College
Panel 2
Moderator
THURSDAY
9:45 – 11:15 am
Pacific I
Economic History
Aqdas Afzal, University of Missouri, Kansas City
“Middle Class Virtues: An Economic History Review
of the Perverse Distributional Outcomes of State
Sponsored Lending”
Joe Ballegeer, University of Missouri at Kansas City
“Evolution of the Corporation in the United States:
Stabilized Scarcity and Vested Interests”
Stephen Pascall, Lovett Bookman Harmon Marks LLP;
and Glen Atkinson, University of Nevada, Reno
“US Worker Co-Operatives and their Span of
Management, Decision Making, and Involvement in
Community: An Exploratory Analysis”
Thomas Lambert, University of Louisville
“The Glorious Revolution, Economic Institutions, and
the Developing World”
Aqdas Afzal, University of Missouri Kansas City

ECONOMICS: ASSOCIATION FOR INSTITUTIONAL THOUGHT (AFIT)
Panel 3
Moderator
Roundtable: “Teaching Inequality
Janice Peterson, California State University - Fresno
Discussants:
THURSDAY
1:00 – 2:30 pm
Pacific I
Kevin Capehart, California State University-Fresno
Dell Champlin, Oregon State University
Paula Cole, University of Denver
Daphne Greenwood, University of Colorado-Colorado
Springs
Janet Knoedler, Bucknell University
Panel 4
Moderator
THURSDAY
2:45 – 4:15 pm
Pacific I
The Enduring Influence of Thorstein Veblen
Jon Wisman, American University
“Adam Smith and Thorstein Veblen on the Need for
Others’ Recognition”
Jon Wisman, American University
“Thorstein Veblen: Is Financial Capitalism Self-
Organising?”
Mu-Jeong Kho, University College London
“The Individual Is an Institution, We Are Not: New
Frontiers for Social Responsibilities”
Daniel Pereira da Silva, Universidade Estadual de
Campinas
“Epistomology, Methodology, and Ontology in Original
Institutional Economics: Some Key Principles and the
Consequences to Economic Inquiry”
Manuel Ramon Souza Luz, UFABC
Ramon Garcia Fernandez, UFABC
Panel 5
Moderator
Young Economists Competition Winners
Rojhat Avsar, Columbia College, Chicago
THURSDAY
4:30 – 6:00 pm
Pacific I
Winners:
“The Impact of Adoption of Wrongful Discharge Laws
on Union Density: 1983-2014”
Eric Hoyt, University of Massachusetts, Amherst
“Thorsteinn Veblen’s Conspicuous Consumption:
Consequences and Policy”
Levi Altringer, Colorado State University
“Water as a Fictitious Commodity: A Critique of
Market-Based Environmental Policies”
Hannah Lawson, Sarah Lawrence College

ECONOMICS: ASSOCIATION FOR INSTITUTIONAL THOUGHT (AFIT)
Panel 6
AFIT Banquet
THURSDAY
6:00 – 8:00 pm
TBA
Tickets must be purchased on the AFIT website by
April 1st
No-host Cocktails (Cash Bar) 6:15 pm
Dinner: 7:00 pm
Panel 7
Moderator
Roundtable: “Robert Gordon’s The Rise and Fall of
American Growth”
John Watkins, Westminster College
FRIDAY
8:00 – 9:30 am
Pacific I
Discussants:
John Watkins, Westminster College
Hendrik Van den Berg, Mount Holyoke College
James Peach, New Mexico State University
Rojhat Avsar, Columbia College, Chicago
Hans Despain, Nichols College
Panel 8
Moderator
FRIDAY
9:45 – 11:15 am
Pacific I
Institutions and Economic Policy
Alfredo Rosete, Mount Holyoke College
“Paydayfreelandia Expands: South Dakota Voters
Impose 36% Interest Rate Cap”
Reynold Nesiba, Augustana University
“Why Does the Level of Intra-Caricom Trade Remain
Low?”
Winston Griffith, Bucknell University
“Social Protection under the AKP in Turkey”
Yavuz Yasar, University of Denver
Gamze Cavdar, Colorado State University
“Expropriation and the Location of Farmland
Investment: A Theoretical Investigation into the New
Global Land Rush”
Alfredo Rosete, Mount Holyoke College, University of
Massachusetts, Amherst

ECONOMICS: ASSOCIATION FOR INSTITUTIONAL THOUGHT (AFIT)
Panel 9
Moderator
Roundtable: “Randall Wray’s ‘Why Minsky Matters’”
[CROSSLISTED WITH ECONOMICS: GENERAL]
Reynold Nesiba, Augustana University
Discussants:
FRIDAY
1:00 – 2:30 pm
Pacific I
James Peach, New Mexico State University
Eric Temoigne, Lewis and Clark College
Hendrik Van den Berg, Mount Holyoke College
Reynold Nesiba, Augustana University
L. Randall Wray, Levy Economics Institute of Bard
College
Panel 10
Moderator
FRIDAY
1:00 – 2:30 pm
Pacific L
Finance and Financialization
Jacob Assa, United Nations, New School for Social Research
“Liquid Feudalism: Financialization as Retreat from
Capitalism”
Jacob Assa, United Nations, New School for Social
Research
“The Federal Student Loan Program’s Involvement in
the Financialization of Higher Education and its Role
in the Impending Crisis”
Matthew Marcantonio, Nichols College
Nicole Ross, Nichols College
Nicholas DeAngelis, Nichols College
“Neoliberalism, Narrative Construction, and
Financialization”
David Plante, Western State Colorado University
T. Christine Jespersen, Western State Colorado
University
“Two Harvard Economists on Monetary Economy:
Lauchlin Currie and Hyman Minsky on Financial
Crises”
Ivan Velasquez, University of Missouri Kansas City
Panel 11
Moderator
Empirical Developments in Credit, Market Governance,
and Class Analysis
Scott Carter, University of Tulsa

ECONOMICS: ASSOCIATION FOR INSTITUTIONAL THOUGHT (AFIT)
FRIDAY
2:45 – 4:15 pm
Pacific I
“Private Bank Credit to Households and Recent US
Inflation”
Hongkil Kim, University of Missouri Kansas City
“From Epistomology to Action: Conceptualizing
Social Provisioning through an Empirical Analysis of
Self-Defense through Market Governance”
Payam Sharifi, University of Missouri Kansas City
“Work Hard – Sleep Late: A Discussion of Some Lived
Class Distinctions Using Evidence from the American
Time Use Survey”
Neal Wilson, University of Missouri Kansas City
Panel 12
Moderator
FRIDAY
2:45 – 4:15 pm
Pacific L
Labor and Workplace Issues
Janice Peterson, California State University - Fresno
“Changing Relationships between Employers,
Workers, and Families: Institutional Gaps and
Frameworks for Change”
Janice Peterson, California State University - Fresno
“The Artisan Economy and the New Spirit of
Capitalism”
Kirstin Munrro, Portland State University
“The Decline and Fall of the US Worker: How Key
Institutions Must Change to Open a Path for
Recovery”
Daphne T. Greenwood, University of Colorado, Colorado
Springs
“Monopoly Capital and Capitalist Management: Too
Many Managers?”
Thomas Lambert, University of Louisville
Panel 13
Moderator
Growth and Development and Institutions
Jonathan Ramse, University of Missouri Kansas City
“The Undertaker and the Entrepreneur: Veblen’s and
Schumpeter’s Views on Entrepreneurial Activity”
Anthony Eisenbarth, University of Missouri Kansas City
FRIDAY
4:30 – 6:00 pm
Pacific I
“Economic Growth and Institutions—a Longer and
Wider Historical View”
Stephen Banister, University of Utah
“Colonial Origins of Civil Conflicts in The Congo”
Richard Twumasi, University of Missouri Kansas City
“The Institutional Foundation of the Market and Its
Relevance for Policy Making”
Arturo Hermann, Istat

ECONOMICS: ASSOCIATION FOR INSTITUTIONAL THOUGHT (AFIT)
“The Transformation of Community Capitals: A
Qualitative Comparative Analysis”
Jonathan Ramse, University of Missouri Kansas City
Panel 14
Moderator
FRIDAY
4:30 – 6:00 pm
Pacific L
New Directions for Institutional Thought
Rojhat Avsar, Columbia College
“An Institutional Interpretation of Marxian Political
Economy”
Hans Despain, Nichols College
“What’s New in Institutional Analysis in the 21 st
Century?”
Raphael Sassower, University of Colorado, Colorado
Springs
“Institutional Matrix as an Historical Answer to
Geographic Challenges”
Svetlana Kirdina, Russian Academy of Sciences
“Comfort Zone: How Market-Friendly Are the
Sapiens?”
Rojhat Avsar, Columbia College
Panel 15
Moderator
Issues in Institutional Economics
Richard Chapman, Westminster College

ECONOMICS: ASSOCIATION FOR INSTITUTIONAL THOUGHT (AFIT)
“The Rent-Seeking Society: An Institutional View”
John Watkins, Westminster College
SATURDAY
8:00 – 9:30 am
Pacific I
“Modern Monetary Theory and Public Banking:
Affinity and Expanding Policy Space”
Justin Elardo, Portland Community College
Chace Stiehl, Bellevue College
“Conceptualizations of Saving and Aggregation
Problems”
Jake Jennings, California State University, Chico
“Puzzles Posed by College-Educated Workers:
Eighteen Years Later”
Jerry Gray, Willamette University
Richard Chapman, Westminster College
Panel 16
Moderator
SATURDAY
8:00 – 9:30 am
Pacific L
Current Issues
Richard Wagner, Rockhurst University
“Effects of Government R&D Spending on Women’s
Participation in R&D in the OECD”
Tyler Saxon, Colorado State University
“The Socio-Economic Challenges to Female Labor
Market Participation in Saudi Arabia”
Roaa Alrazyeg, University of Missouri at Kansas City
“The Effects of Dating Violence during Adolescence
on Educational Attainment and Labor Market
Outcomes”
Jacqueline Strenio, University of Utah
“Understanding John Dewey’s Democracy”
Richard Wagner, Rockhurst University
Panel 17
Moderator
Roundtable on Michael Jacobs and Mariana Mazzucato's Rethinking
Capitalism
Avraham Baranes, Rollins College

ECONOMICS: ASSOCIATION FOR INSTITUTIONAL THOUGHT (AFIT)
SATURDAY
9:45 – 11:15 am
Pacific I
Discussants:
Mila Malyshava, University of Missouri Kansas City
Mitch Green, Binzagr Institute for Sustainable Prosperity
Brandon McCoy, University of Missouri Kansas City
Panel 18
Moderator
SATURDAY
9:45 – 11:15 am
Pacific L
Institutional Perspectives on Money and Finance
Scott Fullweiler, University of Missouri at Kansas City
“Conspicuous Consumption and Consumer Debt
Burdens”
Michael Roberts, Colorado State University
“Three Lessons for the Twenty-First Century from
John R. Commons”
John Dennis Chasse, SUNY Brockport
“The Evolution of Digital Currency”
Matthew Rice, University of Missouri at Kansas City
“Payments and Liquidities—A Better Lens for Viewing
Credit Creation”
Scott Fullweiler, University of Missouri at Kansas City
Panel 19
Moderator
SATURDAY
1:00 – 2:30 pm
Pacific I
Radical Institutional Economies foe the 21 st Century
Geoffrey Schneider, Bucknell University
“The Dark Side of Competition: Veblen’s Place in
Modern Economics and Contribution to Radical
Institutionalism”
William Dugger, University of Tulsa
“Institutional Thought and Alternatives to
Capitalism”
Barbara Hopkins, Wright State University
“A Radical Institutional Economics for the 21 st
Century”
Geoffrey Schneider, Bucknell University
“Radical Institutional Economics”
William Waller, Hobart and William Smith Colleges
Panel 20
Moderator
Roundtable: “The First 10 Weeks of President Trump’s
Economic Policies”
Hendrik Van den Berg, Mount Holyoke College

ECONOMICS: ASSOCIATION FOR INSTITUTIONAL THOUGHT (AFIT)
Discussants:
SATURDAY
1:00 – 2:30 pm
Pacific L
Barbara Hopkins, Wright State University
Rojhat Avsar, Columbia College
James Peach, New Mexico State University
Zdravka Todorova, Wright State University
L. Randall Wray, Levy Economics Institute of Bard
College
Tonia Warnecke, Rollins University
Panel 21
Moderator
Contributions of Classical Political Economy and Post
Keynesian Economics to an Institutional Approach to
Socio-Economic Problems
Scott Carter, University of Tulsa
SATURDAY
2:45 – 4:15 pm
Pacific I
“Poverty Reduction: A Minskian Perspective”
Vincent (Yijiang) Huang,
“Poverty through Displacement: The Institution of
Empire in Capitalism”
Ruchira Sen
“Private Power and Public Policy”
Usha Pradhan,
“Sraffa and Marx in the Light of Archival Evidence”
Scott Carter, University of Tulsa
Panel 22
Moderator
SATURDAY
2:45 – 4:15 pm
Pacific L
Economic Geography and GIS
Joe Ballegeer, University of Missouri Kansas City
“Geographical Political Economy and Development:
The Production of Accessibility in the Kansas City
Metropolitan Core”
Jordan Shipley, University of Missouri Kansas City
“Mainstream vs. Heterodox Health Economics:
Exploring the Different Uses of Geographic Health
Data”
Natalie Brown, University of Missouri Kansas City
“Spatial Analysis in Pursuit of Equity for Future
Generations”
Neal Wilson, University of Missouri Kansas City
Panel 23
Moderator
Questions in Economic Thought
Hans Despain, Nichols College

ECONOMICS: ASSOCIATION FOR INSTITUTIONAL THOUGHT (AFIT)
“Inquiry and ‘-isms”: A Pragmatic Approach”
Jacob Powel, University of Missouri Kansas City
SATURDAY
4:30 – 6:00 pm
Pacific I
“In Lieu of a Theory of Value”
Timothy Clark, University of Missouri Kansas City
“The Construction of Production”
Daniel Urban, University of Missouri, Kansas City
“The Institution of Education and Political Economy:
Beyond Human Capital Theory”
Hans Despain, Nichols College