Economists for Peace and Security (EPS) is a

New York New York most commonly refers to: * New York City, the most populous city in the United States, located in the state of New York * New York (state), a state in the northeastern United States New York may also refer to: Film and television * '' ...

-based,

United Nations The United Nations (UN) is an intergovernmental organization whose stated purposes are to maintain international peace and security, develop friendly relations among nations, achieve international cooperation, and be a centre for harmoni ...

accredited and registered global organization and network of thought-leading economists, political scientists, and security experts founded in 1989 that promotes non-military solutions to world challenges, and more broadly, works towards

freedom from fear Freedom from fear is listed as a fundamental human right according to The Universal Declaration of Human Rights. On January 6, 1941, United States President of the United States, President Franklin D. Roosevelt called it one of the "Four Freedoms ...

and

freedom from want The right to an adequate standard of living is a fundamental human right. It is part of the Universal Declaration of Human Rights that was accepted by the General Assembly of the United Nations on December 10, 1948.United Nations''Universal Dec ...

for all. Since 1995 EPS has been registered with the

United Nations Economic and Social Council The United Nations Economic and Social Council (ECOSOC; french: links=no, Conseil économique et social des Nations unies, ) is one of the six principal organs of the United Nations, responsible for coordinating the economic and social fields ...

and the

United Nations Department of Public Information United may refer to: Places * United, Pennsylvania, an unincorporated community * United, West Virginia, an unincorporated community Arts and entertainment Films * ''United'' (2003 film), a Norwegian film * ''United'' (2011 film), a BBC Two f ...

. Since 2006 the UK branch of EPS publishes a

peer review Peer review is the evaluation of work by one or more people with similar competencies as the producers of the work ( peers). It functions as a form of self-regulation by qualified members of a profession within the relevant field. Peer revie ...

ed journal, the ''Economists for Peace and Security Journal'' (EPSJ). In 1995 EPS was involved with criticism of the

United States Navy in Vieques, Puerto Rico The Vieques, Puerto Rico, Naval Training Range was a United States Navy, United States naval facility located on the island of Vieques, about 5 miles east of mainland Puerto Rico. Starting in November 1941, the navy used the range for military ex ...

, producing several reports on the subject. Notable trustees of EPS include

Kenneth Arrow Kenneth Joseph Arrow (23 August 1921 – 21 February 2017) was an American economist, mathematician, writer, and political theorist. He was the joint winner of the Nobel Memorial Prize in Economic Sciences with John Hicks in 1972. In economi ...

and

Lawrence Klein Lawrence Robert Klein (September 14, 1920 – October 20, 2013) was an American economist. For his work in creating computer models to forecast economic trends in the field of econometrics in the Department of Economics at the University of Penn ...

(founding trustees);

Amartya Sen Amartya Kumar Sen (; born 3 November 1933) is an Indian economist and philosopher, who since 1972 has taught and worked in the United Kingdom and the United States. Sen has made contributions to welfare economics, social choice theory, economi ...

Joseph Stiglitz Joseph Eugene Stiglitz (; born February 9, 1943) is an American New Keynesian economist, a public policy analyst, and a full professor at Columbia University. He is a recipient of the Nobel Memorial Prize in Economic Sciences (2001) and the J ...

Robert Reich Robert Bernard Reich (; born June 24, 1946) is an American professor, author, lawyer, and political commentator. He worked in the administrations of Presidents Gerald Ford and Jimmy Carter, and served as Secretary of Labor from 1993 to 1997 in ...

and Óscar Arias.EPS USA
Trustees
, accessed 1 March 2010

James K. Galbraith James Kenneth Galbraith (born January 29, 1952) is an American economist. He is currently a professor at the Lyndon B. Johnson School of Public Affairs and at the Department of Government, University of Texas at Austin. He is also a Senior Schol ...

was named Chair of the Board of Directors in 1996.

Linda Bilmes Linda J. Bilmes (born 1960) holds the Daniel Patrick Moynihan Senior Lecturer Chair in Public Policy and Public Finance at Harvard University. She is a full-time faculty member at the Harvard Kennedy School where she teaches public policy, budge ...

was named Co-chair of the Board in 2020. Beginning in 2005, Bilmes and Trustee

drew attention to the economic costs of the US wars in

Iraq Iraq,; ku, عێراق, translit=Êraq officially the Republic of Iraq, '; ku, کۆماری عێراق, translit=Komarî Êraq is a country in Western Asia. It is bordered by Turkey to Iraq–Turkey border, the north, Iran to Iran–Iraq ...

and

Afghanistan Afghanistan, officially the Islamic Emirate of Afghanistan,; prs, امارت اسلامی افغانستان is a landlocked country located at the crossroads of Central Asia and South Asia. Referred to as the Heart of Asia, it is borde ...

at EPS sponsored panels of the

American Economic Association The American Economic Association (AEA) is a learned society in the field of economics. It publishes several peer-reviewed journals acknowledged in business and academia. There are some 23,000 members. History and Constitution The AEA was esta ...

. In June 2017, EPS co hosted a conference in Brussels on

NATO The North Atlantic Treaty Organization (NATO, ; french: Organisation du traité de l'Atlantique nord, ), also called the North Atlantic Alliance, is an intergovernmental military alliance between 30 member states – 28 European and two N ...

and the future of the transatlantic defense partnership with the

Royal Military Academy of Belgium The Royal Military Academy (french: École royale militaire, nl, Koninklijke Militaire School) is the military university of Belgium. The institution is responsible for the education of the officers of the five components of the Belgian defen ...

, which emphasized discussion on the geostrategic changes and

economic trend *all the economic indicators that are the subject of economic forecasting **see also: econometrics *general trends in the economy, see: economic history Economic history is the academic learning of economies or economic events of the past. R ...

s in global defense. Topics included regional security, economics of security, globalization and global security, economics of conflict and war, economics of the

arms trade Arms trade may refer to: *the global markets for any product of the arms industry *Small arms trade *Illegal arms trade (arms trafficking) See also *Arms Trade Treaty *Arms control *Nuclear proliferation * Chemical weapon proliferation *Arms race ...

, arms races and alliances, and the economics of terrorism.

History and background

Inspired by International Physicians for the Prevention of Nuclear War, it was founded in 1989 as ''Economists Against the Arms Race'' (ECAAR), before becoming ''Economists Allied for Arms Reduction'' (ECAAR) in 1993. It adopted its present name in 2005.EPS USA
History
, accessed 1 March 2010 Stockbroker Robert J. Schwartz led its creation.Robert J. Schwartz (2002), ''Can you make a difference?: a memoir of a life for change'', Lantern Books,

Public figures and prominent members

The Economists for Peace and Security Board of Trustees has seventeen Nobel peace prize laureates in the prize for economics, including

Harvard University Harvard University is a private Ivy League research university in Cambridge, Massachusetts. Founded in 1636 as Harvard College and named for its first benefactor, the Puritan clergyman John Harvard, it is the oldest institution of highe ...

, Óscar Arias,

George Akerlof George Arthur Akerlof (born June 17, 1940) is an American economist and a university professor at the McCourt School of Public Policy at Georgetown University and Koshland Professor of Economics Emeritus at the University of California, Berkeley ...

Daniel McFadden Daniel Little McFadden (born July 29, 1937) is an American econometrician who shared the 2000 Nobel Memorial Prize in Economic Sciences with James Heckman. McFadden's share of the prize was "for his development of theory and methods for analyzi ...

Roger Myerson Roger Bruce Myerson (born March 29, 1951) is an American economist and professor at the University of Chicago. He holds the title of the David L. Pearson Distinguished Service Professor of Global Conflict Studies at The Pearson Institute for the ...

Thomas Schelling Thomas Crombie Schelling (April 14, 1921 – December 13, 2016) was an American economist and professor of foreign policy, national security, nuclear strategy, and arms control at the School of Public Policy at University of Maryland, College ...

, William F. Sharpe of

Stanford University Stanford University, officially Leland Stanford Junior University, is a private research university in Stanford, California. The campus occupies , among the largest in the United States, and enrolls over 17,000 students. Stanford is conside ...

Robert Solow Robert Merton Solow, GCIH (; born August 23, 1924) is an American economist whose work on the theory of economic growth culminated in the exogenous growth model named after him. He is currently Emeritus Institute Professor of Economics at th ...

Franco Modigliani Franco Modigliani (18 June 1918 – 25 September 2003) was an Italian-American economist and the recipient of the 1985 Nobel Memorial Prize in Economics. He was a professor at University of Illinois at Urbana–Champaign, Carnegie Mellon Un ...

Massachusetts Institute of Technology The Massachusetts Institute of Technology (MIT) is a private land-grant research university in Cambridge, Massachusetts. Established in 1861, MIT has played a key role in the development of modern technology and science, and is one of th ...

, Sir Clive Granger,

Wassily Leontief Wassily Wassilyevich Leontief (russian: Васи́лий Васи́льевич Лео́нтьев; August 5, 1905 – February 5, 1999), was a Soviet-American economist known for his research on input–output analysis and how changes in one ec ...

Douglass North Douglass Cecil North (November 5, 1920 – November 23, 2015) was an American economist known for his work in economic history. He was the co-recipient (with Robert William Fogel) of the 1993 Nobel Memorial Prize in Economic Sciences. In the wo ...

Jan Tinbergen Jan Tinbergen (; ; 12 April 19039 June 1994) was a Dutch economist who was awarded the first Nobel Memorial Prize in Economic Sciences in 1969, which he shared with Ragnar Frisch for having developed and applied dynamic models for the analysis o ...

, and

James Tobin James Tobin (March 5, 1918 – March 11, 2002) was an American economist who served on the Council of Economic Advisers and consulted with the Board of Governors of the Federal Reserve System, and taught at Harvard and Yale Universities. He ...

and

Yale University Yale University is a private research university in New Haven, Connecticut. Established in 1701 as the Collegiate School, it is the third-oldest institution of higher education in the United States and among the most prestigious in the w ...

. Other notable trustees include Former US Secretary of Labor

, Former Prime Minister of Greece

George Papandreou George Andreas Papandreou ( el, Γεώργιος Ανδρέας Παπανδρέου, , shortened to ''Giorgos'' () to distinguish him from his grandfather; born 16 June 1952) is a Greek politician who served as Prime Minister of Greece from ...

, Former US Secretary of Defense

Robert McNamara Robert Strange McNamara (; June 9, 1916 – July 6, 2009) was an American business executive and the eighth United States Secretary of Defense, serving from 1961 to 1968 under Presidents John F. Kennedy and Lyndon B. Johnson. He remains the ...

Publications

*
ECAAR Review 2003: conflict or development?
', Economists Allied for Arms Reduction, 2003, *

Walter Isard Walter Isard (April 19, 1919 – November 6, 2010) was a prominent American economist, the principal founder of the discipline of regional science, as well as one of the main founders of the discipline of peace studies and Peace economics. Life an ...

, Charles H. Anderton (1992), ''Economics of arms reduction and the peace process: contributions from peace economics and peace science'', North-Holland, - book jointly sponsored with the

Peace Society The Peace Society, International Peace Society or London Peace Society originally known as the Society for the Promotion of Permanent and Universal Peace, was a pioneering British pacifist organisation that was active from 1816 until the 1930s. H ...

References

External links

EPS USA

EPS Europe
{{Authority control Economics organizations Peace organizations based in the United States Organizations established in 1989