Economics for Real People: Learning from Tiwai Point

Here’s the early update for you on this week’s meeting at the Auckland Uni Economics Group…

Hello all,
We are very excited this week to have Professor Tony Endres join us this Thursday evening at 6pm.
    Professor Endres has published numerous books and is an authority on the history of economic thought. In this week's seminar Professor Endres will outline some of the ideas from a paper he will soon be presenting at a conference in the US.
    Using the Tiwai Point Aluminium Smelter as a case study Tony will address the following questions:

1. The Nature of Capital – What is it? Is it just financial? Does it include climate, land, or machinery? Should it include human beings, and their skills, and societal values?
2. Capital Formation - Who is responsible for forming capital in a market economy?
3. Regulation - If those responsible for capital formation fail to do so, what should be done to correct it? And can this correction have unintended consequences, or even be counter-productive?

We look forward to a fascinating discussion from one of the country’s leading thinkers on economic matters.

Who is Tony Endres?:
Professor Anthony (Tony) Endres is a specialist in the history of economic thought, Austrian economics, industrial organisation and international economic policy. He has published widely in international journals, including the Cambridge Journal of Economics; Journal of Economic Behaviour and Organization; Journal of Money, Credit and Banking and History of Political Economy, and is the author of numerous books, including Neoclassical Microeconomic Theory: The Founding Austrian Version (1997), International Organisations and the Analysis of Economic Policy 1919-1950 (2001), Great Architects of International Finance: The Bretton Woods Era (2004), and International Financial Integration: Competing Ideas and Policies in the Post-Bretton Woods Era (2010).

When & Where:
    Date: Thursday, 29 August
    Time: 6pm – 7pm
    Location: Room 215, Level Two, University of Auckland Business School (OGGB)
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[Picture from ODT]