Dr. J. Richard Peet, Ph.D., a highly accomplished Clark University geographer, spoke at University of North Texas, Friday 8 November 2013.
Dr. Peet, the author of Geography of Power: The Making of Global Economic Policy, was invited to speak in the Geography Department’s seminar series. Dr. Peet has an oratory style which reminded me of actor Sir Patrick Stewart. Both Dr. Peet and Sir Patrick, when lecturing, express themselves in the same manner.
Dr. Peet, during his seminar titled Neoliberalism, Finance Capitalism, Perpetual Crisis, discussed in great detail three policy regimes: classical liberalism, social democracy, and neoliberalism.
The professor pointed out that capitalism goes through various policy regimes: a set of policies coming from class committed interpretations.
Did sun-spots cause the Great Depression? I was thinking Dr. Peet was playing a trick on us when he said that sun-spots had been floated as a theory for economic depression. The late David Cass, formerly a professor of economics at the University of Pennsylvania, and Karl Shell, a theoretical economist, proposed a link between sun-spots and the economy. This sounded ridiculous in the extreme. I am sure Dr. Peet does not hold with such theories.
Dr. Peet pointed out that the top one percent of income earners in the United States peaked at the same level in both 1928 and 2007. There are no prizes for guessing what happened in 1929. The same is true for 2008. Both income peaks precipitated economic depressions. I guess the only thing we learn from history is that we never pay attention to what has happened until it is too late.
Dr. Peet, born on Tuesday, 16 April 1940 in Southport, England, is a professor of human geography at the Graduate School of Geography at Clark University in Worcester MA, USA. Dr. Peet, not only has a BSc (Economics) from the London School of Economics, but also an M.A. from the University of British Columbia, and a PhD in Geography from the University of California, Berkeley.
It was not long after completing his Ph.D. from Berkeley that Dr. Peet began teaching at Clark University.
Both UNT professors Dr. Waquar Ahmed and Dr. Ipsita Chatterjee took classes with Dr. Peet when they were attending Clark University. Dr. Peet’s visit to the UNT Geography Department gave the two Clark University alumni an opportunity to catch up with their former professor.
Dr. Peet has also been known to teach in Sweden, Australia, and New Zealand. His wife, Dr. Elaine Hartwick, is as equally an accomplished geographer as Dr. Peet is.