Issue 275 February 01, 2021 web pdf Heterodox Economics Directory
The stock market rally of the last years has taken an unexpected turn these days, when a coordinated effort of hobby-investors and semi-professionals engaged in a (slightly dubious) reddit-forum managed to corner some professional Wall Street short-sellers by buying shares of GameStop – a retailer for computer games & consoles. To me, this is a somewhat ambivalent phenomenon as many latecomers to the show will probably lose some money. At the same time it is highly interesting to see some rudimentary strategic herd behavior emerge from a public forum largely driven by a variety of emotions. These emotions range from "traditional" animal spirits over 'gambling fevers' a la Dostojewski to the partly desperate hope for challenging a system that is perceived as unfair and unethical.
To me, there is a double irony here: for one, emotions, which are with good reason not considered to be a suitable guide for your investment decisions, serve as a basis for executing a quite rational strategy in a large group, that would not be available to single players due to lack of capital. Here emotions are a core foundation: the lack of individual endowments is compensated by a (surely fragile) informal agreement on cooperation fuelled by emotional commitments. For another, the surge in the GameStop stock prices has led various players to declare this as a case of potential market manipulation that merits investigation, which would impose a double standard as retail investors are actually only copying an established Wall Street strategy (namely this one).
While the second observation is politically revealing (and, admittedly, also quite funny), the first observation is theoretically interesting as it seems somehow truly novel: while to me strategic moves by market makers and herd behavior are key features of modern financial markets (and, hence, unsurprising), I have a hard time finding a historical example for this specific kind of emergent herd behavior, that collectively mimics a strategy that is typically associated with large financial institutions. If reddit facilitates such novelties its (+1) for reddit, no matter what you think about public forums like these in general... ;-)
All the best,
PS: We have three new positions for doctoral students in the doctoral school 'Political Economy of Inequaity' at University of Duisburg-Essen (Germany). All details can be found here and below.
© public domain
The European Journal of Economics and Economic Policies: Intervention invites submissions for publication in a special issue exploring the links between the stock-flow consistent (SFC) approach and the theory of the monetary circuit (TMC), also sometimes called the monetary theory of production or the Franco-Italian circuit school of monetary theory.
Over the last decade or so, the SFC approach has attracted the attention of several young scholars, thus generating the creation and publication of several SFC models, a number of which have appeared in EJEEP: Intervention. The editors of the special issue have also noted a revival of interest for the theory of the monetary circuit among young scholars, in part due to the advent of Modern monetary theory (MMT), which has several similarities with an expanded version of the TMC as argued by Alain Parguez. The SFC approach is usually associated with the work of Wynne Godley, while that of the TMC is often tied to the work of Augusto Graziani. It turns out that these two economists felt that they had a common understanding of monetary economics and macroeconomic theory, as well as the role of time in economics, and thus had great respect for each other’s work.
As a consequence, the two editors feel that there is room for studying how far these two approaches to economics can be integrated. There is a need to explore more fully past and potential convergence between the SFC and TMC approaches, including their similarities, differences, complementarities, difficulties, as well as the critiques that the advocates of one approach can address to the advocates of the other approach. The editors also encourage contributions that would tackle this comparison from an agent-based modelling (ABM) standpoint.
Submitted papers will undergo a rigorous peer-review process. Manuscripts should not exceed 8000 words in total length. They should follow the format and guidelines found on the journal website. Please send your paper to email@example.com, indicating in the subject line of the email that the paper is for the SFC and TMC special issue.
Submission Deadline: 31 August 2021
11 May 2021 | online
The Post-Keynesian Economics Society (PKES) is organising its 12 annual PhD student conference on 11 May 2021. This year’s conference will be held online during UK daytime*. The conference aims to give students an opportunity to present a chapter of their PhD dissertation and receive detailed and structured feedback from a senior researcher from PKES.
We invite students who are in a later stage of their PhD and who work on topics relevant to Post-Keynesian and heterodox economics to apply to present. We highly encourage submissions of completed dissertation chapters that qualify as a novel contribution to the literature and are at the stage of pre-publication. Dissertation proposals, literature reviews or papers based on a master’s thesis will usually not be considered. Please submit an abstract of no more than 300 words of the chapter you wish to present and a cover letter of up to 300 words describing your research interests, how your dissertation topic relates to heterodox economics, and the name and email address of a referee (who could be your PhD supervisor) by email to firstname.lastname@example.org. Applicants will be informed by late March of our decision. Please also note that successful applicants are expected to submit a full version of their paper by 11 April 2021 the latest. Please bear this deadline in mind when applying.
PKES annual workshop
The PhD Student Conference will be followed by the Annual Workshop of the Post-Keynesian Economics Society, which will be held online this year. All students are welcome to attend. See http://www.postkeynesian.net/events/annual-workshop/ for more info. The exact timing will be communicated closer to the day. It will be a full day event running during UK daytime. We will do our best to accommodate applicants from different time zones. Participation is free of charge.
This conference is organised with the support of the Institute for Political Economy, Finance, and Accountability (PEGFA), at the University of Greenwich.
Submission Deadline: 5 March 2021
24 - 26 May 2021 | online
The 1st History of Economic Thought Diversity Caucus Online Conference will be held via Zoom, May 24-26, 2021, in advance of the annual meetings of the European Society for the History of Economic Thought (ESHET). Our goal is to spread sessions out over several days in order to include speakers and audience members across multiple continents, and several time zones.
We seek contributions that address topics, themes, personae, and institutions that typically, and too often, go unaddressed in professional forums. We are especially interested in contributions that explore the meaning of diversity, pluralism, and inclusion for the history of economic thought and related fields, and its significance for practitioners in these fields. Papers scheduled to be presented at either the ESHET or History of Economics Society conferences are eligible for the Diversity Caucus Conference. A selection of papers presented at the Diversity Caucus Conference may be published (in English) in Research in the History of Economic Thought and Methodology, subject to peer review.
If you would like to present at the Conference, please submit an abstract of no more than 500 words to email@example.com. Co-authored papers are encouraged. Abstracts in English, French, Spanish, Italian, Portuguese, German, and Japanese will be considered, but we ask that speakers either present in English or provide English-language presentation materials (e.g., Powerpoint slides, a translated manuscript), in order to facilitate communication and discussion.
Sbmission Deadline: 1 March 2021
8-10 October 2021 | University of National and World Economy, Sofia, Bulgaria
The Submission Deadline for this years ESHET Conference has been extended to 30 July 2021.
At our recent Executive Committee meeting it was decided to postpone the annual ESHET conference, which had been planned to take place 27-29 May 2021. If we want to increase our chances of being able to hold a live event at the University of National and World Economy in Sofia, then a postponement until the autumn seems sensible. The local organising team at the University of National and World Economy in Sofia, led by Pencho Penchev, have shown a great preparedness and flexibility in agreeing to change the dates for the conference and we thank them for this. In case certain restrictions due to the pandemic remain in place by those dates, the conference will take place partly or fully online. In relation to this postponement, please note the following dates.The close off date for proposals for papers (abstracts of about 400 words) or sessions (abstracts about 600 words) has been changed to 30 July 2021. Proposals can be submitted through the conference website; The close off date for submissions to the Young Scholar Seminar (papers no longer than 9000 words) has been changed to 30 July 2021. Papers can be emailed to Professors Sylvie Rivot (firstname.lastname@example.org) and Christian Gehrke (Christian.email@example.com). For further details on the Young Scholar Seminar visit this link.
Any proposals accepted previously for the Sofia conference are automatically accepted for the event in October 2021. However, if you wish to replace a previously submitted proposal with a new one, please contact Pencho Penchev of the local organising committee at firstname.lastname@example.org by 30 July 2021. Those who submit new proposals will be informed of acceptance or rejection by 27 August 2021. Registration for the conference will close by 10 September 2021. By that date proposers will be asked to confirm attendance to the live event or virtual attendance, depending on the situation at that time.
Submission Deadline ESHET and YSS: 30 July 2021
2-4 September 2021 | Naples, Italy
Recovery from the Covid-19 Pandemic: Re-thinking the role of the State towards safe, cohesive, sustainable, and innovative economies
Given the deep uncertainty surrounding the emergencies and challenges of our time (pandemics, climate change) and the complexity of the required structural changes, alternative theoretical and methodological approaches capable of representing and interpreting these disequilibria are required. These might include stock-flow, integrated assessment, agent-based modelling, network analysis, laboratory and field experiments, and may address particular challenges such as the economic, social and environmental consequences of the pandemics and of climate tipping points. Discussions are also welcome on how political economic goals, such as globalisation, austerity, and privatisation increase the fragility of economic systems in the face of environmental, climate, health, and financial crises.
The conference will provide unique opportunities to revisit the foundations of economics, to discuss alternative theories at the macro, meso and micro levels, and to enrich the evolutionary background with insights from diverse fields such as complexity science, biology, political and international studies, development and gender studies, physics, philosophy, sociology, and management science among others. The aim is to provide new empirical evidence and fresh theoretical insights for policy makers to understand and manage the challenges and opportunities of our times. In particular, the conference may stimulate efforts to rethink the role of the state in light of the lessons learned from the Covid-19 emergency. In doing so, we invite scholarly contributions that allow to reconsider the foundations of economic policy (from industrial to innovation policy; for regulatory to environmental policy; as well as macroeconomic, fiscal and monetary policy) in relation to relevant social goals such as health, cohesion, and sustainability; to shape new economic institutions to manage structural change; and to investigate new models of production, consumption, finance, trade, and socio-economic interaction and organisation.
The (full) 1st Call for Papers is available online. Abstract Submission is open. You are invited to submit an extended abstract on the conference website. Following the usual format, prospective participants are invited to submit a paper related either to the theme of the conference or one of the diverse EAEPE Research Areas as well as special sessions. Abstracts (300-750 words) should include the following information: authors’ names, email addresses and, affiliations, and name and code of the relevant research area. Following notification of acceptance, you will be invited to submit the full paper. Please have in mind that only one presentation per author is allowed; additional papers can be submitted by the same author but need to be presented by a registered co-author, if accepted by the scientific committee in advance.
Special Session Submission is open. More information are following soon on the EAEPE website.
Submission Deadline: 31 July 2021
The Multiple Facets of Inequality
The conservative revolution of the 1980s led to significant institutional changes that eroded public interventions in the economy. These changes led to an increase in inequality and both relative and absolute deprivation. Forty years after, no alternative has yet emerged to this conservative “consensus” of the late 20th century. The theme of the 2022 ASE sessions at the ASSA meetings that will take place from January 6 to January 9 will explore the multiple facets of inequality.
For the ASE sessions of the 2022 ASSA meetings, we welcome proposals for papers/sessions on all aspects of social economics, but preference will be given to papers that address the 2022 theme. Possible questions to consider but are not limited to:
Proposals for papers as well as complete sessions are welcome.
Paper proposals should include: 1) author name, affiliation, and contact information, and 2) title and abstract of proposed papers (250-word limit). Session proposals should include: 1) session title and abstract (250-word limit), 2) name, affiliation, and contact information of session organizers, 3) titles and abstracts of proposed papers (250 word limit each). Questions, as well as paper and sessions submissions should be sent to Paul Makdissi by May 7, 2021.
Individuals whose papers are accepted for presentation must either be or become members of the Association for Social Economics by July 1, 2021 in order for the paper to be included in the program. Membership information can be found at www.socialeconomics.org. All papers presented at the ASSA meetings are eligible for the Warren Samuels Prize, awarded to the best paper that advances the goals of social economics and has widespread appeal. Papers can also be considered for a special issue of one of the association’s journals, or for edited volumes.
Note: Due to limited session slots, we unfortunately cannot accept all submissions. Papers and sessions not accepted for the ASE program will be automatically considered for the ASE portion of the ICAPE conference, which will be held right before the ASSA meetings on January 6. See icape.org for details.
Submission Deadline: 7 May 2021
Varieties of digitized manufacturing and their impact on production models, work organization and the international division of labour
Brazilian Journal of Social and Labour Economics call for submissions for a Special Issue on "Varieties of digitized manufacturing and their impact on production models, work organization and the international division of labour". A bundle of new technologies subsumed under the term "Industry 4.0" is being implemented across industries, affecting production models, work organization and working conditions. While a technology-centric view interprets the digital transformation as a new stage of industrial production, there is considerable variety with regard to the chosen enterprise strategies and outcomes.
This Dossier is dedicated to investigating these varieties of "digitized manufacturing" and their variables, i.e. how they are impacted by path dependencies of production models, the socio-economic and institutional context and power relations. Particular emphasis is placed on the way in which digitalization approaches differ around the globe. Present debates on "Industry 4.0" are very much focussed on advanced industrial economies. So far, it remains largely unknown how the adoption of new digital technologies reshapes industries in emerging economies and how these affect the upgrading opportunities in developing countries. Are we witnessing a new digital divide or will "Industry 4.0" facilitate technology transfer and upgrading? How will this affect the international division of labour and class relations in the respective regions?
Additional information can be requested by email: email@example.com
Submission Deadline: 31 July 2021
2-5 July 2021, online
The Society for the Advancement of Socio-Economics (SASE) has extended the submission deadline for its 33rd annual conference, "After Covid? Critical Conjunctures and Contingent Pathways of Contemporary Capitalism", taking place online from 2-5 July 2021.
Please find the call for papers [https://sase.org/event/2021-sase-conference/] (as well as SASE's research networks [https://sase.org/about/networks/] and 2021 mini-conference themes [https://sase.org/event/2021-sase-conference/#mini]).
The new deadline for submissions is 10 February 2021.
12-25 April 2021 | online
The deadline to submit abstracts to the Association for Institutional Thought Conference is hereby extended by 10 days, to February 8.
The 42st Annual Meeting of the Association for Institutional Thought is scheduled to take place April 12-25 2021, online in conjunction with the 63rd Annual Western Social Science Association Conference. The conference will be virtual, but we intend to work hard to create space to interact with one another.
Conference Theme: “Reality: The Value of Institutional Empiricism”
The Association for Institutional Thought (AFIT) invites you to submit papers and/or propose full sessions that examine the ways in which experience and observation informs our understanding of the economy and policy recommendations. The kernels of this year’s theme were planted at the AFEE meetings before everything changed. It is inspired by James Swaney who, along with Paulette Olson, introduced me to institutional thought. Jim used to point out in department meetings that institutionalism is based on inductive reasoning and that this is vastly superior to neoclassical economics, which is based on deductive reasoning built on false assumptions. It is also inspired by the observation that mainstream economists do not believe econometrics results when it contradicts their pre-conceived notions (consider the research on minimum wage increases).
Nevertheless, over the course of the year, the importance of thinking grounded in reality has taken on new significance as more things that used to be matters of science have become politicized. Economics has always been politicized. Economic data has always been subject to political manipulation. So, I think we have something useful to say about 2020 when reality and the efforts to distort it have become an overarching motif.
Possible expressions of this theme:
Naturally, we welcome papers that do not fall into these areas as well. AFIT values pluralism and interdisciplinarity, and papers/sessions from non-economists as well as those connecting institutional economics to other heterodox traditions are encouraged. We also encourage sessions reviewing and discussing recently published books, especially those
written by AFIT members. As an organization with a student-development and pedagogical emphasis we encourage papers and panels in the area of economics pedagogy. Likewise, students, both graduate and undergraduate, are welcome to submit paper and panel proposals; and AFIT (along with the Association for Evolutionary Economics) will be sponsoring a prize for outstanding student papers.
Abstracts can be submitted via the following link. Check back to that link for further information about registration. Proposals for complete panels and roundtables to be held through Zoom or similar platform are strongly encouraged. Send me an e-mail if you have a webinar proposal or if you have submitted only a paper but want to be part of a panel. I will consider whether individual paper proposals can be organized into panel webinars according to theme or whether individual papers presentations make more sense.
We also encourage panels and webinars with a solid theme that could be recorded and used as a teaching resource.
Submitters of Single papers (upload of .doc, .docx, and .pdf files) or Recorded presentations or Recorded roundtables or workshops (upload of .mp4, .ppt, or .pptx) will need to provide the following to WSSA:
The deadline to upload recorded sessions and document-only papers will be March 22, 2021. Submitters for Zoom presentations or roundtables should submit the panel on WSSA’s site as above AND send the following e-mail to Barbara.Hopkins@wright.edu:
Current membership in AFIT is required for presenting a paper. For more information about AFIT, to renew membership, and so on, visit the official website. For general queries regarding the conference, contact the conference organizer and Vice President of AFIT: Barbara.firstname.lastname@example.org.
Submission Deadline (extended): 8 February 2021
September 2021 | online
The ILR Review invites submissions for a conference and subsequent special issue devoted to transnational employment relations in the European Union (EU). Roland Erne (University College Dublin), Marco Hauptmeier (Cardiff University), Valeria Pulignano (KU Leuven), and Peter Turnbull (University of Bristol) will serve as guest editors of this special issue.
The aim of the special issue is to examine the actors, processes, and outcomes of transnational employment relations in the EU, including the impact of EU interventions on employment relations within and across member states, as well as the effects of countervailing collective action on the Europeanintegration process. Employment relations in the EU exist in an antagonistic context of market-making (economic) and market-correcting (social) integration. The EU has acknowledged the need to reconcile economic and social integration, as stated in Article 3 of the Treaty on European Union and illustrated by numerous EU initiatives and laws in the area of work and employment relations. At the same time, EU laws have liberalized markets, removed trade barriers, and created the Single Market and the European currency. Although these EU interventions were designed to enhance Europe’s economic competitiveness, theydrove greater labor competition and downward pressures on wages and working standards. In the wake of the 2008–2009 economic crisis andthe following Euro crisis, the EU’s austerity policies and “Six-Pack” laws further constrained member states’ budgets. These actions limited member state’s capacity to finance unemployment protection and social policies and led them to further deregulate labor markets and reduce social protection.
In response to the consequent social protests and populist backlash caused by the EU interventions, member state governments and EU leaders reaffirmed the EU’s Social Europe agenda and promised to deliver new and more effective social rights for citizens, as stipulated in the European Pillar of Social Rights of 2017. Nonetheless, the tensions between economic and social integration in the EU remainstrong. They may likely be exacerbated by the COVID-19 pandemic, which renders even more apparentthe social and political effects of the EU’s new economic governance regime on labor, health care, and welfare policies.
Assessments of EU governance and institutions vary from viewing the social and employment initiatives as mere window dressing in the context of far-reaching economic liberalization, to recognizing that the EU has promoted employment regulations that provide better conditions for workers compared to other world regions. This debate about the current state and future development of European employment relations will continue to resound, in particular in the context of the current COVID-19 crisis. How does the current level of EU employment regulation affect the way the COVID-19 pandemic affects working 2 people? And how will the pandemic reduce or intensify the existing tensions in employment relations caused by European integration?To answer these and other questions, research needs to examine the processes through which specific EU institutions affect employment relations, on the one hand, and the ways in which employment relations actors affect EU institutions, on the other. Specifically:
Answers to these and other questions will advance our theories of transnational and European employment relations as well as the construction of appropriate policies to advance social protections in the European context, with potential lessons for employment relations in other regions of the global economy. These are core aims of the special issue. Articles are invited for the special issue that deal with any aspect of transnational employment relations in the EU before, during, and after the COVID-19 pandemic. Such topics might include current research on actors, processes, policies, and outcomes of European employment relations. Contributions may be quantitative or qualitative empirical studies but can also address transnational employment relations in the EU from ahistorical and/or comparative perspective. Thus, the special issue aims to sample leading research in the field and spell out possibilities for future research.
Schedule and Submission
Scholars interested in participating in this conference and special issue should submit an extended abstract of 4 to 5 pages (up to 2,500 words) by March 31, 2021, to Valeria Pulignano email@example.com. Abstracts must include the research questions, theoretical framework, contribution to the literature, expected or preliminary findings, methods and data, and references.In the subject line of the e-mail, please write “Special Issue:Transnational ER in the EU.” Authors will be notified by June 30, 2021, if their paper has been accepted for presentation at the Conference that will be held in September 2021. A subset of authors will be asked to submit their papers to the ILR Review with the expectation that their papers will be published in the special issue provided
For more information please visit the official website.
Submission Deadline: 31 March 2021
16-17 September 2021, University of Oldenburg, Germany
Looking back on a history of about 150 years, lending of last resort (LoLR) has become standard practice among central banks. The aim is to reduce systemic risk by dealing with liquidity shocks in order to prevent contagion and panic in banking systems and financial markets. Yet, LoLR remains a controversial issue, often criticized for shifting liabilities from shareholders to taxpayers, encouraging excessive risk-taking and, hence, for adding to the problems that it is meant to solve.
In their decision-making and in public discourse about LoLR, central banks are thus facing trade-offs between negative externalities of financial contagion and moral hazard. These can be complicated enough at the national level, but international lending of last resort (ILoLR) presents an even greater challenge, especially when and where banks and financial markets are integrated across the boundaries of nation states. Additional issues arise about the choice of arrangements for containing and preventing crises as well as for burden-sharing. ILoLR adds further trade-offs between national sovereignty and benefits from cooperation with or even subordination to foreign and supranational institutions. Historical and recent experiences include ILoLR by central banks that issue global reserve currencies or cooperate in monetary unions, by transnational private-sector arrangements (such as bankers’ clubs), and by supranational institutions such as the International Monetary Fund. The currently most intensive framework for ILoLR is the European Monetary Union, which has been hotly debated and contended in legal procedures (at least in Germany).
The aim of the conference is to discuss what can be learnt about history and from history, both in terms of real episodes and theoretical reflections since the times of the classical gold standard. An impression of the range of topics may be gained from the following list of conceivable, non-binding titles (reminiscent of contributions by Charles Goodhart, Perry Mehrling and other authors):
Variations on these themes or proposals for papers on other connected aspects from the fields of economic history, the history of economic thought and monetary economics are also welcome. Proposals for papers should be submitted as extended abstracts (500 – 1.000 words) to firstname.lastname@example.org before 15 February 2021. Authors whose contributions are selected will be notified by 1 March 2021. The publication of a selection of papers in the Jahrbuch für Wirtschaftsgeschichte (JWG) / Economic History Yearbook is envisaged for Autumn 2022. The conference is financially supported by the Deutsche Bundesbank. Limited funding for travelling expenses is available. In case pandemic-related travel restrictions persist, arrangements will be made for permitting online participation.
Submission of full papers is due by 1 September 2021.
The Review of Evolutionary Political Economy announces the planned publication of a Special Issue on "Agent-based macroeconomics in era of global crises: innovative policy measures for an adaptive resilient economy".
Background & objectives
We are entering the third decade of the XXIst century with profound uncertainties. Some ongoing processes are expected to progress in the years to come, constituting crucial challenges for the "economics" discipline. First, the climate change issue will need a relevant mobilization of resources to foster the ecological transition, with far-reaching consequences on our business and financial landscapes, still mostly addicted to fossil fuels. Second, the digital transformation could result in tremendous productivity gains but also in widespread unemployment crises. Third, the recent COVID emergency has emphasized the importance to carefully consider the impact of human activity on our cosystems, which goes well beyond carbon emissions and could increase the likelihood of virus spillovers. Furthermore, the necessity to maintain economic activity alive during lockdown has surely accelerated the digitalization of most services and routine-based jobs. Finally, there remain relevant questions on a sustainable and inclusive growth able to face emographic changes and migration patterns with the aim to enhance the awareness on opportunities, risks and impacts of policy measures and regulations.
The agent-based approach in economics is well equipped to tackle these topics, because of its capacity to integrate the "micro" and "macro" aspects by modelling the network of interactions among the economic agents (thus also offering access to the "meso" dimensions), and their aggregated outcomes. The objectives of the special issue are to collect and present state-of-the-art contributions in the field, which are able to provide both novel theoretical foundations and relevant policy advices to cope with the big issues outlined above. The rationale of this editorial initiative is that a modeling approach that is able to encompass (i) endogenous shocks, agents' heterogeneity, (ii) non-market interactions, and (iii) out-of-equilibrium dynamics, is best suited to study complex evolutionary processes.
These processes are characterized by feedback loops, such as the one between the economy and the environment, tipping points, such as the ones in climate change dynamics, the distributive impact of different climate and welfare policies, and the emergence of phenomena at the aggregate level, which are not obvious from micro behavior. Finally, the
agent-based approach seems to be suitable to study the economic effects of epidemics, as contagion dynamics is, by its very nature, based on direct interactions within a network. Possible research questions are outlined below.
Exemplary research questions:
Guest editors: Silvano Cincotti, University of Genoa; Marco Raberto, University of Genoa; Andrea Teglio, Ca' Foscari University of Venice
Deadline for Submission: 28 February 2021
23 March 2021, online
Whether we look at wealth, race, gender, health, or income, the pandemic has exposed, and in some cases exacerbated, pre-existing inequalities. From Black Lives Matter to new wealth taxes, the visibility of inequality has generated a strong response from social movements and policy makers. This raises many questions that have long been at the heart of policy - what causes inequality? What policies stop it rising? And does it ultimately lead to instability?
Inequalities and policy implications after Covid-19 is an online conference exploring these questions organised by the Institute of Political Economy, Governance, Finance and Accountability (PEGFA).
You can register for the event by signing up via this link. The event is free but sign up is required. You will receive webinar access a few days before the event.
12:30 Opening remarks: Vice Chancellor Professor Jane Harrington, University of Greenwich (UoG)
12:45 Keynote speech 1
13:15 Tackling wealth inequalities
15:00 Keynote speech 2
15:30 Race, gender, class inequalities and development
17:15 Finance, regional development and inequalities
If you have any questions, please email email@example.com. For more information on PEGFA, please visit our website https://www.gre.ac.uk/business/research/pegfa.
3-5 June 2021 | online
The Center for the History of Political Economy will run its annual Summer Institute this year on June 3-5, 2021. Because of Covid travel restrictions the Institute will be conducted via Zoom. We invite young scholars (doctoral students and those with recently awarded PhD’s) to apply.
The goal of the Summer Institute is to allow young scholars working in the history of economics (broadly defined) to improve their manuscripts and to get practice presenting their work. There will be three or four sessions each day, each lasting 1 hour and 15 minutes. Successful candidates will present their papers for 20 minutes, and then the group will discuss ways to improve both the substance of the paper and its presentation. The group will include the Summer Institute participants, the HOPE faculty (Bruce Caldwell, Roy Weintraub, Kevin Hoover, Steve Medema, Jennifer Jhun, and Jason Brent), Paul Dudenhefer (the HOPE Center’s staff specialist) and two additional prominent historians of economics.
Applicants should send in their vita and either a paper proposal or initial draft by April 1. Successful candidates will be notified by April 10. Finished drafts of papers will be due May 15, which will allow time for all attendees to have read everyone’s papers before the Summer Institute. Please send proposals to firstname.lastname@example.org.
For further information please visit the official website.
Submission Deadline: 1 April 2021
9 – 11 August, 2021, Centre for Development and the Environment (SUM), University of Oslo, Norway
The objective of this interdisciplinary PhD course is to critically approach the relationship between food production and food consumption and pandemics in an environmental perspective. This involves addressing issues like the links between global food and fodder production and the transformation of rural areas. Against this backdrop the course will address questions such as:
Who may apply?
The interdisciplinary nature of the course will be most suitable for doctoral students engaging with different disciplines within the social sciences – such as anthropology, sociology, political science, geography, and development studies, as well as doctoral students working within the various branches of environmental humanities. Doctoral students will be prioritized, although other applicants may be considered if space permits.
Application procedures and funding
Please visit our website for information about application procedures and funding. Course applications are accepted from 11 January until 15 March, 2021. An early application is highly recommended due to space constraints. Should you have any practical enquiries, please do not hesitate to email the course secretariat at email@example.com. Organised by the Centre for Development and the Environment, The Norwegian Political Ecology Network (POLLEN-Norway) and the Norwegian Researcher School in Environmental Humanities (NoRS-EH).
Application deadline: 15 March, 2021 (Application form).
13 February 2021, 14:00 GMT | online
Rethinking Economics* is incredibly excited to launch a new online events series which will showcase approaches to economics not covered in mainstream courses. Join us on Saturday February 13th at 14:00 GMT for an interactive deep-dive into the Stratification Economics approach. After an introduction by Darrick Hamilton, you will have the chance to discuss research at the frontier of the field with Stephanie Seguino and Kyle K. Moore.
Saturday 13th February Schedule:
*Rethinking Economics is an international network of students, academics and professionals building a better economics in society and the classroom. Through a mixture of campaigning, events and engaging projects, Rethinking Economics connects people globally to discuss and enact the change needed for the future of economics, and to propel the vital debate on what economics is today.
Please register using this link.
17 February 2021, online
Welcome to join our webinar on the role of states in sustainability transformation.
This event brings together distinguished scholars from different disciplines to discuss the potential role of state in sustainability transformation. What kind of states can be leading actors in sustainability transformation? What are the current obstacles of states to promote the transformation? How to change welfare states to better address the ecological crisis? What needs to change in the state, the society, and the actors on the journey towards an ecowelfare state?
Crises challenge the role of the public sector to change. The COVID-19 pandemic has made the flaws of the current system more apparent. As a global crisis it can be seen as a trial run to prepare us the tools to tackle ongoing long-term crises such as climate change, biodiversity loss, poverty, and social exclusion. During the next decade, states need to adapt to sustainable operating models demanding various systemic changes. Dysfunctional structures require updating to resilient ones.
For a long time, the main actors of the sustainability transformation have been considered to be private sectors, grassroots movements or individual consumers. The focus has been on private sector and technological innovations, or individual actors, often bypassingless focus on state institutions. However, recent research suggests a need for an active state within these different actors could work together. The state has a role orchestrating this cooperation between various actors.
The event will include short presentations and a panel discussion. The discussion is facilitated by Liisa Häikiö, professor and leader of the ORSI-research project.
Speakers of the webinar include professor Robyn Eckersley from the University of Melbourne, professor Max Koch from Lund University and professor Eeva Furman from the Finnish Environment Institute.
The webinar is organized by the multidisciplinary research project Towards EcoWelfare State: Orchestrating for Systemic Impact (ORSI) that is funded by the Strategic Research Council at the Academy of Finland.
Please register for the event here.
The video recordings of the 2021 ASSA Conference are available online for viewing until March 1: This virtual platform does require the registration credentials to login.
If someone would like to view the recordings who had not registered for the conference, registration will remain open thru March 1 so that they can register and then view the recordings.
After March 1, the AEA sessions will be viewable on the AEA website. The other associations can request their recordings and post them on their website.
Job title: Full Professor on the Politics of Migration and Work
The Department of Political Science invites applications for a Tier 1 CRC in Politics of Migration and Work eligible for an academic appointment at the rank of Full Professor with tenure. The successful applicant will have an internationally recognized research program bridging the fields of migration, global labour markets and gender relations. We are particularly interested in research agendas that focus on the provision of care by migrant workers. Strong research networks in sending communities would be seen as an asset. Tier 1 Chairs recognize outstanding researchers acknowledged by their peers as world leaders in their fields. Please see the CRC website at https://www.chairs-chaires.gc.ca/ for etails and consult the website for full program information, including further details on eligibility criteria.
About the Academic Unit:
The Department of Political Science is a research-intensive unit, with significant and longstanding strengths in the study of global politics. The department established one of Canada’s first political science PhD fields in Gender and Diversity, and is rapidly becoming a centre of expertise on migration. For more information, please visit: https://carleton.ca/polisci/.
The successful candidate will work with the Faculty of Public Affairs to prepare the application for the Tier 1 CRC.
Candidates should submit a signed letter of application, an updated curriculum vitae, three exemplary publications, and a five page vision statement (including a summary of the proposed research, a statement of research leadership, and a plan for fostering interdisciplinary collaborations) in one single PDF document. Please also identify any past experiences in supporting equity, diversity and inclusion in your previous institutional environment such as in curriculum development and in supporting diverse students. Please indicate in your application if you are a Canadian citizen or permanent resident of Canada.
Completed applications can be submitted online. For more information about this opportunity, contact Katherine Frank at firstname.lastname@example.org or Beth McLennan at email@example.com, or call 1-866-822-6022.nShort-listed candidates will be asked to arrange for three letters of support at a later date. To help us develop our equity programs, a confidential equity and diversity self-identification survey will be sent to all applicants separately.
To see the full posting for this position, please visit the website.
Job title: Director of Research
MAS is seeking to employ a Senior Economist to supervise, as well as to undertake, policy-oriented research on the Palestinian economy, as Director of Research
The Palestine Economic Policy Research Institute (M’ahad Abhath As-Syasat Al-Iqatisadiya Al-Filistini)-MAS was founded in 1994 as an independent, non-profit institution to undertake high-quality economic and socio-economic policy research. The Institute and its research activities aim to improve the understanding of the Palestinian economy, deal with the constraints to economic development, and explore the economic potential of Palestine. Its overall aim is to assist policy-makers in designing evidence-based policies and foster public participation in the formulation of economic and socio-economic policies. MAS’s areas of research cover various aspects of the Palestinian economy, including macroeconomic, trade, fiscal, monetary, financial sector, labor, social development and food security policies. More information about the Institute can be found at www.mas.ps.
The Director of Research exercises both management and research functions, reporting to the Director General of the Institute. Activities within the Director of Research’s overall responsibilities include: conducting and supervising research projects, economic monitoring, mentoring interns and junior research staff, and organizing colloquia on ongoing research, workshops on research outcomes, roundtable meetings with stakeholders on topical issues, lectures, symposia, and conferences. The Director of Research will lead and oversee the research program, supervise assigned research staff, and work closely with the Director General and the External Relations Officer to help achieve the Institute’s fundraising goals. Successful candidates should be able to assume a leadership role in conducting and managing day-to-day operations for multiple research programs and projects with a keen eye on quality.
Duties and Responsibilities
Terms, Salary, and Benefits
Job title: Postdoctoral Sawyer Seminar Fellowship
The New School invites applications for a Postdoctoral Fellowship position in conjunction with its 2021-23 Andrew W. Mellon Foundation Sawyer Seminar, Currency and Empire: Monetary Policy, Race, and Power. The Fellowship carries a nine-month appointment from September 1, 2021 through May 31, 2022.
Understanding how monetary regimes may be structured by, and generative of, relations of power is the central concern of the seminar. We seek scholars in the humanities or social sciences interested in relationships between monetary institutions and policies, the production and consolidation of racial or ethnic differences, and colonial or imperial dynamics of power. We encourage applicants concerned with the interplay between capitalism and empire (conceived of broadly) and who approach these questions from multiple disciplinary perspectives.
The fellow will report to Professors Gustav Peebles and Emma Park and will be affiliated with the Heilbroner Center for Capitalism Studies. The fellow will be required to be in residence on campus in New York City for the 2021-2022 academic year, contingent on the status of the COVID-19 pandemic and university policies as well as those of New York State and New York City. The fellow is expected to be an active participant in all aspects of the Seminar.
Primary responsibilities will be to conduct original individual and collaborative research on a topic related to the seminar theme; to contribute to the conceptualization and management of the seminar as it unfolds; to attend and participate in the bimonthly seminar meetings and other activities; to present their research at one of the sessions of the Seminar; and, with administrative support from the university, oversee a monthly working group for graduate students and interested faculty members.
The New School is committed to actively recruiting from a diverse pool of applicants. We encourage candidates from groups underrepresented in US higher education to apply.
Applicants apply on-line using the faculty application on The New School human resources website https://careers.newschool.edu/. Applicants should submit a cover letter describing their research; a plan of research for the fellowship period; a CV; a writing sample (approximately 20 pages); two letters of recommendation will be requested from all finalists.
Benefits: Comprehensive University benefits package including health and retirement plans and tuition remission. Visit https://www.newschool.edu/human-resources/full-time-benefits/ for more information.
The New School does not discriminate on the basis of age, race, color, creed, sex or gender (including gender identity and expression), pregnancy, sexual orientation, religion, religious practices, mental or physical disability, national or ethnic origin, citizenship status, veteran status, marital or partnership status, or any other legally protected status.
Applicants must have received a Ph.D. no earlier than 2017. Applicants may be ABD if they will receive a Ph.D. by July 1, 2021.
Please find further information here.
Vacant PhD position in the field of "Sustainability, Energy and Environmental Innovations" at the University of Bremen (Chair of Innovation and Structural Change, Prof. Jutta Günther). The institue is looking for a motivated colleague with a strong affinity to empirical research, and an interest to work at the intersect of innovation, environmental, and institutional economics.
Please find further information on the website.
job title: Postdoctoral position in Sociology, especially Housing and Urban Sociology
The Institute for Housing and Urban Research (IBF) at Uppsala University is a multidisciplinary research institute with a focus on housing and urban issues. IBF belongs to the Faculty of Social Sciences at Uppsala University and conducts research, in a broad sense, directed towards housing, the built environment, and urban issues. The institute employs around 45 people, among which the majority are researchers and PhD students. IBF's goal is to produce interesting and relevant social research of the highest international quality within its thematic area. More information about the institute can be found at on the official website.
The sociological research agenda at the IBF consists of topics such as: social structures (class, gender, ethnicity, and age, mainly) in relation to housing, urban processes and welfare policies and practices; social movements and urban conflicts; citizen participation; housing and urban policies, and urban development; urban and social history; social needs and demands for housing; social housing and housing cooperatives; socio-spatial segregation; migration; gentrification and renovation; the social use of public spaces; communities and neighbourhoods. The post-doctoral fellow will work with research on topics of his or her own choice that align with the broad concerns of housing and urban sociology at the IBF. The position also includes 10% of full-time teaching at the Department of Sociology.
To qualify for an employment as a post-doctoral fellow you must have a PhD degree or a foreign degree equivalent to a PhD degree in Sociology or in a discipline which the employer deems to be equivalent. The PhD degree must have been obtained no more than three years prior to the application deadline. The three year period can be extended due to circumstances such as sick leave, parental leave, duties in labour unions, etc.
Full application should include an up-to-date CV; copy of PhD degree; a statement of research plan, including an explanation on how it relate to theory and methods related to housing and urban sociology (max 2000 words); a publication list; two publications from English-language journals with peer-review; contact information for three professional references.
For further information about the position please contact Miguel A. Martínez or visit the official website.
Application Deadline: 29 January 2021
job title: Postdoctoral position in Political Science, especially Housing and Urban politics
The Institute for Housing and Urban Research (IBF) at Uppsala University is a multidisciplinary research institute with a focus on housing and urban issues. IBF belongs to the Faculty of Social Sciences at Uppsala University and conducts research, in a broad sense, directed towards housing, the built environment, and urban issues. The institute employs around 45 people, among which the majority are researchers and PhD students. IBF's goal is to produce interesting and relevant social research of the highest international quality within its thematic area. More information about the institute can be found at www.ibf.uu.se.
The IBF political scientists conduct research on housing and urban politics and on other urban issues in Sweden and other countries. Several different theoretical perspectives are drawn on and various qualitative and quantitative methods are used. The post-doctoral fellow will work with research on topics of his or her own choice that align with the broad concerns of housing and urban politics at the IBF. The position may include 10% teaching at the Department of Government, Uppsala University.
To qualify for an employment as a postdoctor you must have a PhD degree or a foreign degree equivalent to a PhD degree in political science or in a discipline which the employer deems to be equivalent. The PhD degree must have been obtained no more than three years prior to the application deadline. The three year period can be extended due to circumstances such as sick leave, parental leave, duties in labour unions, etc.
Full application should include:
For further information about the position please contact: Kristina Boréus or visit the offical website.
Application Deadline: 29 January 2021
In memory of the considerable achievements of the Austrian Professor of Economics, Kurt Rothschild, the Karl-Renner-Institut and the Austrian Social Democratic Parliamentary Group established the Kurt Rothschild Award for Economic Journalism and Research. The award recognizes contributions to the economic and social sciences, which propose new approaches to the major challenges of our time, beyond standard and mainstream economic theory and in the spirit of Kurt Rothschild.
The award specifically acknowledges academics’ efforts to contribute to the public debate. Therefore, submissions have to include two combined components: First, academic work published in academic journals, books or as working papers; second, articles directed at a broad media audience, including commentaries and contributions to newspapers, magazines or blogs. The applicant must be explicitly identified as a (co-)author in both items submitted; publication dates should mostly be within the past year. The overall sum of the award money of the Kurt Rothschild Award is 10.000 €. A jury decides upon the division of this overall sum between multiple awardees.
The call for submissions is now open:
Submission Deadline: 26 April 2021
Neil J. Dunne, Niamh M. Brennan, Collette E. Kirwan: Impression management and Big Four auditors: Scrutiny at a public inquiry
Isabella Grabner, Melissa A. Martin: The effect of horizontal pay dispersion on the effectiveness of performance-based incentives
Matthew Boland, David Godsell: Bureaucratic discretion and contracting outcomes
Ben W. Van Landuyt: Does emphasizing management bias decrease auditors’ sensitivity to measurement imprecision?
Praveen Jha, Archana Prasad: Wages of neoliberalism: reflections on the world of work in contemporary India
Pietro Borsari: Consequences of financialization for workers
Cassiano José Bezerra Marques Trovão, Juliana Bacelar de Araújo: Labour reforms, flexibility and new forms of hiring
Michel Husson: What is a useful job?
Kyungran Kim: Status and features of the Korean labor market (2008-2018)
Fernando Sarti, Juliana Teixeira Esteves: Economic dynamics, social spending and the labor market in France (2000-2018)
Jacqueline Aslan Souen, Maria Alice Pestana de Aguiar Remy: Macroeconomic dynamics and the evolution of formal manufacturing employment (2003-2016)
Carolina Troncoso Baltar, Lilian Nogueira Rolim, Eugenia Troncoso Leone: The effects of the Brazilian recession on wage inequality between men and women
Cláudio Salvadori Dedecca, Cassiano José Bezerra Marques Trovão: On inequalities in Brazil: past, present and future
Luz Judith Rodríguez Esparza, Dolly Anabel Ortiz Lazcano, Julio César Macías Ponce, Octavio Martín Maza Díaz Cortés: Bilateral Gini index: application for regional studies and international comparisons
Jaime Alberto Rendón Acevedo: Poverty and inequality in Colombia: complex realities, difficult solutions
Edward Webster, Imraan Valodia, David Francis: Guidelines for an innovative approach to inequality in the Global South
Rodolfo Hoffmann: Income inequality in Brazil, 1995-2019: several distributions and the impact of unemployment
Pierre Salama : Economic stagnation, deindustrialisation and inequality: different trajectories in Latin America
Tomás Pernias: Two views on the growth of income inequality in contemporary capitalism
Filomena de Sousa: Keynes: The Object of Hayek’s Passion?
B Callegari: The case for a unified monetary theory of interest: Keynes and Schumpeter
Brett Fiebiger, Marc Lavoie: Central bankers and the rationale for unconventional monetary policies: reasserting, renouncing or recasting monetarism?
Katherine A Moos: The political economy of state regulation: the case of the British Factory Acts
Hang Le, Geoffrey Wood, Shuxing Yin: Labour market outcomes of different institutional regimes: evidence from the OECD countries
Yundan Gong, Sourafel Girma: Top management gender diversity and performance: in search of threshold effects
Frens Kroeger, Girts Racko, Brendan Burchell: How to create trust quickly: a comparative empirical investigation of the bases of swift trust
Celia Lessa Kerstenetzky, Graciele Pereira Guedes: Great Recession, great regression? The welfare state in the twenty-first century
Brian Judge: The impossibility of a Rawlsian liberal
Benoît Walraevens: Adam Smith’s view of economic inequality
William Hynes, Benjamin D. Trump, Patrick Love, Alan Kirman, Stephanie E. Galaitsi, Gabriela Ramos & Igor Linkov: Resilient Financial Systems Can Soften the Next Global Financial Crisis
Guillaume Long, David Rosnick, Cavan Kharrazian & Kevin Cashman: What Happened in Bolivia’s 2019 Vote Count?
Matías Vernengo & Esteban Pérez Caldentey: Modern Money Theory (MMT) in the Tropics: Functional Finance in Developing Countries
Musrrat Parveen: Challenges Faced by Pandemic Covid 19 Crisis: A Case Study in Saudi Arabia
Ikpe Justice Akpan & Izuchukwu C. Ezeume: The Challenges Faced by Parents and Children From Divorce
Joaquim Vergés-Jaime: The Misinterpretation of Productivity Measures
Featured paper for this issue is: Merve Burnazoglu: An Identity-Based Matching Theory Approach to Integration
John Bryan Davis: The status of the concept of identity in economics
Florence Gallois & Cyril Hédoin: From Identity to Agency in Positive and Normative Economics
Aurelie Charles: Social Stratification in the United States: Lessons to Reconcile the Self and Others in Economic Theory and Practice
Giuseppina Autiero & Annamaria Nese: Ethnic and Academic Identity: What Role for Children’s Scholastic Effort?
Christopher A. Hartwell: Identity and the Evolution of Institutions: Evidence from Partition and Interwar Poland
Pierre Lacour: Searching for a Personal Identity Capability in Narratives of Commitment in Fiction Literature
Hardy Hanappi & Edeltraud Hanappi-Egger: Social Identity and Class Consciousness
What Have We Learned from the Covid-19 Crisis? Domestic and International Dimensions and Policy Options for a Post-Coronavirus World
Mario Seccareccia & Louis-Philippe Rochon: What Have We Learned from the COVID-19 Crisis? Domestic and International Dimensions and Policy Options for a Post-Coronavirus World: Introduction
Matías Vernengo & Suranjana Nabar-Bhaduri: The Economic Consequences of COVID-19: The Great Shutdown and the Rethinking of Economic Policy
Nelson H. Barbosa-Filho & Alex Izurieta: The Risk of a Second Wave of Post-Crisis Frailty in the World Economy
Wesley C. Marshall & Eugenia Correa: The Crossroads: The Political Economy of the Pandemic
Pablo G. Bortz , Gabriel Michelena & Fernando Toledo: A Gathering of Storms: The Impact of COVID-19 Pandemic on the Balance of Payments of Emerging Markets and Developing Economies (EMDEs)
Geoff Goodwin: Fictitious commodification and agrarian change: Indigenous peoples and land markets in Highland Ecuador
Henry Bernstein: Russian to modern world history: Teodor Shanin and peasant studies
Fabiano Escher: BRICS varieties of capitalism and food regime reordering: A comparative institutional analysis
Emelie K. Peine: Chinese investment in the Brazilian soybean sector: Navigating relations of private governance
Fraser Sudgen, Bina Agarwal, Stephanie Leder, Panchali Saikia, Manita Raut, Anoj Kumar, Dhananjay Ray: Experiments in farmers' collectives in Eastern India and Nepal: Process, benefits, and challenges
Grace Carswell, Geert De Neve, Subramanian Ponnarasu: Good debts, bad debts: Microcredit and managing debt in rural south India
Brendan A. Galipeau: Free in the mountains or home in the vineyard: Institutional changes in agriculture and negotiating between contract farm labour and valuable fungi collection in Tibet
Birgit Müller: Glyphosate—A love story. Ordinary thoughtlessness and response‐ability in industrial farming
Mark Tilzey: From neoliberalism to national developmentalism? Contested agrarian imaginaries of a postneoliberal future for food and farming
David Primrose: What’s Left of the ‘End of History’?
Conceptualising the relations between neoliberalism and democracy
Quinn Slobodian: Demos Veto and Demos Exit: The Neoliberals Who Embraced Referenda and Secession
Thomas Biebricher: Democracy, Neoliberalism and James Buchanan
Evan Jones: The Underbelly of Liberalism
Reshaping political economic configurations
Kyle Bailey: Stakeholder Capitalism Against Democracy: Relegitimising Global Neoliberalism
Elizabeth Humphrys, Simon Copland and Luke Mansillo: Anti-Politics in Australia: Hypotheses, Evidence and Trends
Philip Mendes: Neo-Liberalism and Welfare Conditionality in Australia: A Critical Analysis of the Aims and Outcomes of Compulsory Income Management Programs
Mia Shouha: Market Territories: Neoliberalism and Spatial Fragmentation in the South Caucasus
Authoritarian neoliberalism, militarism and far-right populism
Richard Westra: Capitalism, Democracy and the Neoliberal Authoritarian Trifecta
Alison J. Ayers and Alfredo Saad-Filho: The Twilight of Formal Democracy: Contradictions of Accumulation and the Political Crisis of Neoliberalism
William I. Robinson and César Rodríguez: Militarised Accumulation
Bengi Akbulut, Fikret Adaman and Murat Arsel: Turkey’s Authoritarian Regime of Accumulation: Development By Dislocation
Adam Fabry: From Poster Boys to Black Sheep: Authoritarian Neoliberalism in Hungary and Poland
Geoff Dow: The Retreat From Statist Political Economy in Australia: Neoliberalism, Populism and Social Democracy
Samuel Alexander and Brendan Gleeson: Urban Social Movements and the Degrowth Transition: Towards a Grassroots Theory of Change
Alex Baumann, Samuel Alexander and Peter Burdon: Land Commodification as a Barrier to Political and Economic Agency: A Degrowth Perspective
Alex Waters: Will Neoliberal Capitalism Survive the Coronavirus Crash or is This the Beginning of Techno-Feudalism?
Benoît Walraevens: Reciprocity in Smith
Matari Pierre Manigat: Finance Capital and Financialization: A Comparative Reading of Marx and Hilferding
Bertrand Crettez: Sur l’analyse microéconomique de la hiérarchie des besoins dans l’économie d’Ancien Régime
Tomás Lima Pimenta: The Abyss of Right: Hegel’s Philosophy of Right and the Question of Poverty
Economics as a Public Science, Part III
Bert Tieben: Public Discourse in Nineteenth-century Dutch Economics
Christina Laskaridis: More of an Art than a Science: The IMF’s Debt Sustainability Analysis and the Making of a Public Tool
Carlo D'Ippoliti: Editorial: books and debates in economics
Alexandre Gomes: Regional economic growth in China from a Kaldorian perspective: A comparative study of Nanjing and Suzhou
José Luis Oreiro, Luciano Luiz Manarin, Paulo Gala: Deindustrialization, economic complexity and exchange rate overvaluation: the case of Brazil (1998-2017)
Jesus Felipe, Donna Faye Bajaro, Gemma Estrada, John McCombie: What do tests of the relationship between employment and technical progress hide?
Deirdre McCloskey: Stefano Fenoaltea (1943-2020)
Daniel J. Acland: "An Investigation of Flow Theory in an Online Game"
Davide Dottori and Caterina Giannetti: "Altruism and Impatience: The Role of Time Preferences in Donation Choices"
Anwar Shaikh and Juan Esteban Jacobo: "Economic Arbitrage and the Econophysics of Income Inequality"
Robert J. Shiller: Animal spirits and viral popular narratives
Jenny N. Lye and Ian M. McDonald: Can loss aversion shed light on the deflation puzzle?
Jacob Stevens: Money creation in the modern economy: an appraisal
Richard Senner and Didier Sornette: Explaining global imbalances: the role of central bank intervention and the rise of sovereign wealth funds
Ramaa Vasudevan: The evolution of China’s monetary policy: on the horns of a dilemma
Santiago Capraro and Carlo Panico: Monetary policy in liberalized financial markets: the Mexican case
Dimitris G. Kirikos: Monetary policy effectiveness in the liquidity trap: a switching regimes approach
Celso Furtado: Underdevelopment and Dependence: The Fundamental Connections
Celso Furtado: The Myth of Economic Development and the Future of the Third World
Pedro Loureiro , Fernando Rugitsky & Alfredo Saad-Filho: Celso Furtado and the Myth of Economic Development: Rethinking Development from Exile
Douglas Alencar , Frederico G. Jayme & Gustavo Britto: Growth, Distribution, and External Constraints: A Post-Kaleckian Model Applied to Brazil
Marcos Vinícius Isaias Mendes: The Limitations of International Relations Regarding MNCs and the Digital Economy: Evidence from Brazil
Fábio Henrique Bittes Terra , Fernando Ferrari Filho & Pedro Cezar Dutra Fonseca: Keynes on State and Economic Development
Roberto Lampa: Capital Flows to Latin America (2003–17): A Critical Survey from Prebisch’s Business Cycle Theory
Alex Wilhans Antonio Palludeto & Roberto Alexandre Zanchetta Borghi: Institutions and Development From a Historical Perspective: the Case of the Brazilian Development Bank
Kalpana Khanal & Natalia Bracarense: Institutional Change in Nepal: Liberalization, Maoist Movement, Rise of Political Consciousness and Constitutional Change
D. L.: Editorial Perspectives
David M. Kutzik and Douglas V. Porpora: Critical Realism and the Varieties of Materialism
Elena Louisa Lange: Gendercraft: Marxism–Feminism, Reproduction, and the Blind Spot of Money
Arpad Kovacs: Cosmography as Cultural Capital: Power Struggle in the Visigothic Kingdom
David Chen: Rethinking Globalization and the Transnational Capitalist Class: China, the United States, and Twenty-First Century Imperialist Rivalry
Paul Blackledge: Response to Nimtz: Strategy, Tactics and Real Movements from Below
Alexis Ioannides and Stavros Mavroudeas: Work Intensity and Value Formation: Comments on Hernández and Deytha
by Andrew B. Liu | 2020, Yale University Press
Tea remains the world’s most popular commercial drink today, and at the turn of the twentieth century, it represented the largest export industry of both China and colonial India. In analyzing the global competition between Chinese and Indian tea, Andrew B. Liu challenges past economic histories premised on the technical “divergence” between the West and the Rest, arguing instead that seemingly traditional technologies and practices were central to modern capital accumulation across Asia. He shows how competitive pressures compelled Chinese merchants to adopt abstract industrial conceptions of time, while colonial planters in India pushed for labor indenture laws to support factory-style tea plantations. Characterizations of China and India as premodern backwaters, he explains, were themselves the historical result of new notions of political economy adopted by Chinese and Indian nationalists, who discovered that these abstract ideas corresponded to concrete social changes in their local surroundings. Together, these stories point toward a more flexible and globally oriented conceptualization of the history of capitalism in China and India.
Please find a link to the book here.
by Frank Stricker | University of Illinois Press, 2020
The history of unemployment and concepts surrounding it remain a mystery to many Americans. Frank Stricker believes we need to understand this essential thread in our shared past. American Unemployment is an introduction for everyone that takes aim at misinformation, willful deceptions, and popular myths to set the record straight:
Please find a link to the book here.
by Genevieve LeBaron | 2020, Polity Press
Over the last decade, the world's largest corporations - from The Coca Cola Company to Amazon, Apple to Unilever - have taken up the cause of combatting modern slavery. Yet, by most measures, across many sectors and regions, severe labour exploitation continues to soar. Corporate social responsibility is not working. Why? In this landmark book, Genevieve LeBaron lifts the lid on a labour governance regime that is severely flawed and limited. She takes a close-up look at the millions of corporate dollars spent on anti-slavery networks, NGO partnerships, lobbying for new transparency legislation, and investment in social auditing and ethical certification schemes, to show how such efforts serve to bolster corporate growth and legitimacy as well as government reputations, whilst failing to protect the world's most vulnerable workers. To eradicate modern slavery and human trafficking in global supply chains a new approach is needed; one that confronts corporate power and profits, dismantles exploitative business models, and regulates the booming private industry of accounting firms, social auditors, and consultants that has emerged to 'monitor' and 'enforce' labour standards. Only worker-driven initiatives that uphold fundamental rights can protect workers in the contemporary global economy and make forced labour a thing of the past.
Please find a link to the book here.
by Catherine D'Ignazio and Lauren F. Klein | 2020, MIT Press
A new way of thinking about data science and data ethics that is informed by the ideas of intersectional feminism.The open access edition of this book was made possible by generous funding from the MIT Libraries.
Today, data science is a form of power. It has been used to expose injustice, improve health outcomes, and topple governments. But it has also been used to discriminate, police, and surveil. This potential for good, on the one hand, and harm, on the other, makes it essential to ask: Data science by whom? Data science for whom? Data science with whose interests in mind? The narratives around big data and data science are overwhelmingly white, male, and techno-heroic. In Data Feminism, Catherine D'Ignazio and Lauren Klein present a new way of thinking about data science and data ethics—one that is informed by intersectional feminist thought.
Illustrating data feminism in action, D'Ignazio and Klein show how challenges to the male/female binary can help challenge other hierarchical (and empirically wrong) classification systems. They explain how, for example, an understanding of emotion can expand our ideas about effective data visualization, and how the concept of invisible labor can expose the significant human efforts required by our automated systems. And they show why the data never, ever “speak for themselves.” Data Feminism offers strategies for data scientists seeking to learn how feminism can help them work toward justice, and for feminists who want to focus their efforts on the growing field of data science. But Data Feminism is about much more than gender. It is about power, about who has it and who doesn't, and about how those differentials of power can be challenged and changed.
Please find a link to the book here. (open access)
edited by by Sabelo J. Ndlovu-Gatsheni and Siphamandla Zondi | 2016, Carolina Academic Press
This is an exciting book edited by two giants in the field of decolonial studies, Sabelo J. Ndlovu-Gatsheni and Siphamandla Zondi. It is particularly timely as the questions of what it means to ‘decolonize’ science has started to emerge in mainstream debates. The editors provide an accessible introduction to what coloniality of knowledge means, how African universities have become Westernized, and ways in which it is possible for African universities to ‘de-link’ from Eurocentric knowledge systems. Through 13 diverse chapters, the book delves into the roles of power, epistemology, methodology and ideology in creating and reproducing these Westernized knowledge systems across disciplines. Crucially, as the book makes clear that coloniality of knowledge is in itself a technology for suppression of alternative discourses and new imagination, the editors argue for ‘epistemic disobedience’.
Please find a link to the book here (open access).
By William A. Darity Jr. and A. Kirsten Mullen | 2020, The University of North Carolina Press
Racism and discrimination have choked economic opportunity for African Americans at nearly every turn. At several historic moments, the trajectory of racial inequality could have been altered dramatically. Perhaps no moment was more opportune than the early days of Reconstruction, when the U.S. government temporarily implemented a major redistribution of land from former slaveholders to the newly emancipated enslaved. But neither Reconstruction nor the New Deal nor the civil rights struggle led to an economically just and fair nation. Today, systematic inequality persists in the form of housing discrimination, unequal education, police brutality, mass incarceration, employment discrimination, and massive wealth and opportunity gaps. Economic data indicates that for every dollar the average white household holds in wealth the average black household possesses a mere ten cents.
In From Here to Equality, William Darity Jr. and A. Kirsten Mullen confront these injustices head-on and make the most comprehensive case to date for economic reparations for U.S. descendants of slavery. After opening the book with a stark assessment of the intergenerational effects of white supremacy on black economic well-being, Darity and Mullen look to both the past and the present to measure the inequalities borne of slavery. Using innovative methods that link monetary values to historical wrongs, they next assess the literal and figurative costs of justice denied in the 155 years since the end of the Civil War. Finally, Darity and Mullen offer a detailed roadmap for an effective reparations program, including a substantial payment to each documented U.S. black descendant of slavery. Taken individually, any one of the three eras of injustice outlined by Darity and Mullen--slavery, Jim Crow, and modern-day discrimination--makes a powerful case for black reparations. Taken collectively, they are impossible to ignore.
Please find a link to the book here.
By Sheetal Chhabria | 2019, University of Washington Press
In the late nineteenth and early twentieth centuries, Bombay was beset by crises such as famine and plague. Yet, rather than halting the flow of capital, these crises served to secure it. In colonial Bombay, capitalists and governors, Indian and British alike, used moments of crisis to justify interventions that delimited the city as a distinct object and progressively excluded laborers and migrants from it. Town planners, financiers, and property developers joined forces to secure the city as a space for commerce and encoded shelter types as legitimate or illegitimate. By the early twentieth century, the slum emerged as a particularly useful category of stigmatization that would animate city-making projects in subsequent decades.
Sheetal Chhabria locates the origins of Bombay’s now infamous “slum problem” in the broader histories of colonialism and capitalism. She not only challenges assumptions about colonial urbanization and cities in the global south, but also provides a new analytical approach to urban history. Making the Modern Slum shows how the wellbeing of the city–rather than of its people–became an increasingly urgent goal of government, positioning agrarian distress, famished migrants, and the laboring poor as threats to be contained or excluded.
Please find a link to the book here.
Mariana Mazzucato | 2021, Penguin books
Even before the Covid-19 pandemic in 2020, capitalism was stuck. It had no answers to a host of problems, including disease, inequality, the digital divide and, perhaps most blatantly, the environmental crisis. Taking her inspiration from the ‘moonshot’ programmes which successfully coordinated public and private sectors on a massive scale, Mariana Mazzucato calls for the same level of boldness and experimentation to be applied to the biggest problems of our time. Mission Economy looks at the grand challenges facing us in a radically new way, arguing that we must rethink the capacities and role of government within the economy and society, and above all recover a sense of public purpose.
To solve the massive crises facing us, we must be innovative — we must use collaborative, mission-oriented thinking while also bringing a stakeholder view of public private partnerships which means not only taking risks together but also sharing the rewards. We need to think bigger and mobilize our resources in a way that is as bold as inspirational as the moon landing—this time to the most ‘wicked’ social problems of our time.
We can only begin to find answers if we fundamentally restructure capitalism to make it inclusive, sustainable, and driven by innovation that tackles concrete problems. That means changing government tools and culture, creating new markers of corporate governance, and ensuring that corporations, society, and the government coalesce to share a common goal. We did it to go to the moon. We can do it again to fix our problems and improve the lives of every one of us. We simply can no longer afford not to.
Please find a link to the book here.
edited by Jens Maesse, Stephan Pühringer, Thierry Rossier, Pierre Benz | 2021, Routledge
Economists occupy leading positions in many different sectors including central and private banks, multinational corporations, the state and the media, as well as serving as policy consultants on everything from health to the environment and security. Power and Influence of Economists explores the interconnected relationship between power, knowledge and influence which has led economics to be both a source and beneficiary of widespread power and influence.
The contributors to this book explore the complex and diverse methods and channels that economists have used to exert and expand their influence from different disciplinary and national perspectives. Four different analytical views on the role of power and economics are taken: first, the role of economic expert discourses as power devices for the formation of influential expertise; second, the logics and modalities of governmentality that produce power/knowledge apparatuses between science and society; third, economists as involved in networks between academia, politics and the media; and forth, economics considered as a social field, including questions of legitimacy and unequal relations between economists based on the detention of various capitals. The volume includes case studies on a variety of national configurations of economics, such as the US, Germany, Italy, Switzerland, Greece, Mexico and Brazil, as well as international spaces and organisations such as the IMF.
This book provides innovative research perspectives for students and scholars of heterodox economics, cultural political economy, sociology of professions, network studies, and the social studies of power, discourse and knowledge.
Please find a link to the book here.
by Christopher W. Calvo | University Press of Florida, 2020
Due to the enormous influence of Adam Smith’s The Wealth of Nations on Western liberal economics, a tradition closely linked to the United States, many scholars assume that early American economists were committed to Smith’s ideas of free trade and small government. Debunking this belief, Christopher W. Calvo provides a comprehensive history of the nation’s economic thought from 1790 to 1860, tracing the development of a uniquely American understanding of capitalism.
The Emergence of Capitalism in Early America shows how American economists challenged, adjusted, and adopted the ideas of European thinkers such as Adam Smith, David Ricardo, and Thomas Malthus to suit their particular interests. Calvo not only explains the divisions between American free trade and the version put forward by Smith, but he also discusses the sharp differences between northern and southern liberal economists. Emergent capitalism fostered a dynamic discourse in early America, including a homegrown version of socialism burgeoning in antebellum industrial quarters, as well as a reactionary brand of conservative economic thought circulating on slave plantations across the Old South. This volume also traces the origins and rise of nineteenth-century protectionism, a system that Calvo views as the most authentic expression of American political economy. Finally, Calvo examines early Americans’ awkward relationship with capitalism’s most complex institution—finance.
Grounded in the economic debates, Atlantic conversations, political milieu, and material realities of the antebellum era, this book demonstrates that American thinkers fused different economic models, assumptions, and interests into a unique hybrid-capitalist system that shaped the trajectory of the nation’s economy.
Please find a link to the book here.
Edited by Colin McDougall, George Kendall and Wendy Chamberlain | 2021, Policy Press
2021 marks the 40th anniversary of the Limehouse Declaration and the launch of the Social Democratic Party in the UK, which was later to merge and form the Liberal Democrats. To mark this important milestone, this book brings together prominent politicians from across the spectrum of social democracy to reflect on its history and the challenges it faces in the coming decades.
With an introduction by Sir Vince Cable describing the current state of social democracy across the world, leading figures including Sarah Olney, Roger Liddle and Chris Huhne explore a wide range of contentious policy areas such as the economy, housing and globalisation. Together, they set out a vision for the country and for the Liberal Democrats that has social justice at its core.
Please find a link to the book here.
Edited By Stefan Kesting, Ioana Negru, Paolo Silvestri | 2020, Routledge
Mainstream economics offers a perspective on the gift which is constructed around exchange, axioms of self-interest, instrumental rationality and utility-maximisation – concepts that predominate within conventional forms of economic analysis. Recognising the gift as an example of social practice underpinned by social institutions, this book moves beyond this utilitarian approach to explore perspectives on the gift from social and institutional economics.
Through contributions from an international and interdisciplinary cast of authors, the chapters explore key questions such as: what is the relationship between social institutions, on the one hand, and gift, exchange, reciprocity on the other? What are the social mechanisms that underpin gift and gift-giving actions? And finally, what is the relationship between individuals, societies, gift-giving and cooperation? The answers to these questions and others serve to highlight the importance of the analysis of gift in economics and other social sciences. The book also demonstrates the potential of the analysis of the gift to contribute to solving current problems for humanity at various levels of social aggregation.
This key text makes a significant contribution to the literature on the gift which will be of interest to readers of heterodox economics, social anthropology, philosophy of economics, sociology and political philosophy.
Please find a link to the book here.
By Daniel Ozarow | 2020, Routledge
Adopting Argentina’s popular uprisings against neoliberalism including the 2001-02 rebellion and subsequent mass protests as a case study, The Mobilization and Demobilization of Middle-Class Revolt analyzes two decades of longitudinal research (1995-2018), including World Bank and Latinobarómeter household survey data, along with participant interviews, to explore why nonpolitically active middle-class citizens engage in radical protest movements, and why they eventually demobilize. In particular it asks, how do they become politicized and resist economic and political crises, along with their own hardship?
Theoretically informed by Gramsci’s notions of hegemony, ideology and class consciousness, Ozarow posits that to affect profound and lasting social change, multisectoral alliances and sustainable mobilizing vehicles are required to maintain radical progressive movements beyond periods of crisis. With the Argentinian revolt understood to be the ideological forbearer to the autonomist-inspired uprisings which later emerged, comparisons are drawn with experiences in the USA, Spain, Greece UK, Iceland and the Middle East, as well as 1990s contexts in South Africa and Russia. Such a comparative analysis helps understand how contextual factors shape distinctive struggling middle-class citizen responses to external shocks.
Please find a link to the book here.
by Emily Kenway | 2021, Pluto Press
In 2019, over 10,000 possible victims of slavery were found in the UK. From men working in Sports Direct warehouses for barely any pay, to teenaged Vietnamese girls trafficked into small town nail bars, we're told that modern slavery is all around us, operating in plain sight.
But is this really slavery, and is it even a new phenomenon? Why has the British Conservative Party called it 'one of the great human rights issues of our time', when they usually ignore the exploitation of those at the bottom of the economic pile? The Truth About Modern Slavery reveals how modern slavery has been created as a political tool by those in power. It shows how anti-slavery action acts as a moral cloak, hiding the harms of the 'hostile environment' towards migrants, legitimising big brands' exploitation of the poorest workers and oppressing sex workers.
Blaming the media's complicity, rich philanthropists' opportunism and our collective failure to realise the lies we're being told, The Truth About Modern Slavery provides a vital challenge to conventional narratives on modern slavery.
Please find a link to the book here.
The doctoral program "The Political Economy of Inequality” at the University of Duisburg-Essen invites applications for three doctoral scholarships starting in November 2021. The programme, so far comprising nine PhD researchers, five post-docs and six professors, examines the extent, causes and consequences of socio-economic inequality. The scholarships run for up to three years and pay 1.450€ per month. Demonstrated social and/or political commitment as well as good command of German are required.
Please find further information on the website.
KLI Dissertation Writing-up Fellowship Call
The Konrad Lorenz Institute for Evolution and Cognition Research (KLI) in Klosterneuburg (Austria) announces 5 Writing-Up Fellowships for late-stage PhD students working on topics related to “Dealing with diversity in the life and sustainability sciences”. This call aims to support an interdisciplinary cohort of late-stage PhD students whose work deals with diversity in the life and sustainability sciences. The 5 KLI Writing-up Fellowships are not restricted to specific topics or approaches. However, as A Home to Theory that Matters, the KLI will support projects that engage with theoretical and conceptual work in the life and sustainability sciences as well as philosophical, historical, and sociological work related to these fields. Though not exclusively, we look forward to receiving applications especially in the following research areas: (1) Theories and concepts to explain the evolution of human diversity, (2) Theories and concepts to understand and foster diversity of life forms, (3) Theories and concepts about diversity, equity, and inclusion in the life and sustainability sciences.
Who is encouraged to apply?
The fellowships aim to support doctoral students in the final stage of their PhD research. Writing-up fellowships are individual fellowships awarded to work independently on the applicant’s research project supervised by their advisor in the home university. The 5 fellowships are especially well-suited for two categories of PhD students: (1) Those who have completed empirical research and wish to use the Writing-up fellowship to elaborate on the (conceptual, epistemological, and methodological) underpinnings and implications of their work. (2) Those whose research deals with the historical, philosophical, and conceptual foundations of research in the disciplines mentioned above in relation to diversity.
To learn more about the details of the fellowship, the benefits of working at the KLI, and the application and selection process, please visit the website.
Application Deadline: 15 February 2021
15 February (11:00 am), online
The MSc programme in Political Economy and Public Policy which will be launched in September 2021 at Manchester Metropolitan University. The programme is already open for applications, and I would be very grateful if you could share details with any undergraduate students who may be interested in the course. More information is available here.
We will be holding an online launch event and drop-in session on Monday 15 February (11:00 am), where there will be an opportunity to meet the course leaders, teaching team and placement partners. Anybody wishing to attend can use this link to access the zoom meeting. The zoom meeting ID is 951 0336 9937, and the meeting passcode is 411 802.
This masters course offers the chance to develop an advanced insight into today’s political, social and economic challenges, together with the policy-focused experience and research skills essential for understanding and creating the kind of public policy that transforms lives and livelihoods.
Students will also have the opportunity to take up a placement at a policy-focused organisation. Our placement partners include:
The programme will be delivered by leading political economists, geographers, applied and heterodox economists, and public policy specialists based at MMU, with an exceptional track record of publishing in world-leading social science journals and securing grants from bodies such as the ESRC, Leverhulme Trust and British Academy. The teaching team also has extensive experience of public policy practice through previous roles in central and local government, international policy institutions, Parliament, economic consultancies and third-sector organisations such as trade unions, think-tanks and chambers of commerce.
The School of Political Economy (SPE) has been established in order to provide accessible quality teaching in political economy and economics. SPE can provide you with a level of understanding of economic phenomena that a university should provide but seldom does. Courses are intellectually pluralist, covering all the major schools of thought in political economy and economics. You can study via from anywhere in the world. Tuition fees are reasonable, but the quality of the content, teaching and student discussion is high.
For further information visit the school’s website or view this brief video.