Heterodox Economics Newsletter

Issue 281 June 07, 2021 web pdf Heterodox Economics Directory

When editing the journal-section of the Newsletter, I sometimes ask myself the following question: If I had to pick a set of mainstream journals to be featured in this Newsletter, which ones would I include? Generalizing a little, this question can be reformulated: which mainstream journals should be read by heterodox economists, if any? Some heterodox economists might argue the answer is easy as mainstream journals can be largely neglected due to some overarching criticism such as: lack of realism in assumptions, normative bias, a narrow-minded methodological mind-set, a wrong-headed ontological focus on micro-behavior when it is all about understanding economic systems or an ambiguous relation between prominent theoretical suppositions and the available empirical evidence on key questions (e.g. the impact of a minimum wage or the welfare effects of trade). While I share criticisms like these in principle, I would argue they do not justify to simply mirror the mainstream's ignorance towards heterodox forms of economic theorizing. So, let's take this question seriously for a minute or two.

The problem seems tricky as the set of journals to consider is huge and contains many candidates that could be interesting for heterodox economists for topical reasons – journals like the Review of Income and Wealth, Labour Economics or the Review of Environmental Economics and Policy would fall into this group. Other outlets might be relevant because of their applied nature, for instance, the Journal of Policy Modeling, Economic Policy, or the Oxford Review of Economic Policy. Finally, an argument can be made to look at the Big 5 journals to keep track of what's going on at the edge of mainstream discourse.

While these first intuitions all have their merits, I would eventually recommend settling on regularly inspecting the Journal of Economic Literature (JEL) as well as the Journal of Economic Perspectives (JEP). The main reason for this is that, as a heterodox economist, I would like to stay somewhat up to date with what's going on within mainstream research in general; that is, beyond the confinements of my narrower research interest. In this context, both journals do a good job in keeping me in touch with mainstream discourse without the need to become a specialist in a variety of mainstream fields. In addition, they occasionally peek over the fences and discuss important topics and issues that typically remain neglected in mainstream discourse. Examples of this can be found in the Journal of Economic Perspectives‘s 'Retrospectives' section, or the (mostly critical) reviews of heterodoxy-inspired books in the Journal of Economic Literature. Additionally, the latter sometimes features review articles which are also interesting from a heterodox standpoint (examples can be found here, here or, most recently, here).

If I had to select a third journal for inclusion, I would probably go for including the AER Papers & Proceedings Issue that's published once a year based on the contributions at the ASSA-conference. Like JEP & JEL, these issues provide a good overview of current debates and are also topically and conceptually more diverse than an average issue of the AER. Focusing on these three outlets seems somewhat efficient: it allows you to loosely track many issues and debates, which makes it easier to establish some ties between your own work and mainstream discourse while not being too demanding in terms of time and attention devoted.

Maybe these elaborations are helpful for organizing your own reading schedule or maybe you would want to challenge my suggestion. In any case, you can contact the Newsletter's team anytime at newsletter@heterodoxnews.com to share your thoughts, comments and suggestions.

All the best,


© public domain

Table of contents

Call for Papers

14th History of Recent Economics (HISRECO) Conference (Nov. 2020, Angers/online)

5-6 November 2020 | Angers, France/online

The fourteenth History of Recent Economics Conference (HISRECO) will be held at the ESSCASchool of management, Angers (France) on 05-06 November 2020. In case of Covid restrictions, the conference will be online. Since 2007, HISRECO has brought together researchers from various backgrounds to study the history of economics in the postwar period. The increasing availability of archival materials, along with the development of new perspectives inherited from the larger history and sociology of knowledge, has helped to provide insightful histories of the development of recent economic practices, ideas, and techniques. In particular, this area of research offers good opportunities to young scholars who are interested in interdisciplinary approaches to the history of economics.

We invite researchers in the history of postwar economics and related fields to submit a paper proposal of no more than 800 words. Paper proposals that use approaches from the history and sociology of science, or cultural and science studies will be particularly appreciated. Proposals should be sent electronically (as a pdf file) to Matthieu Ballandonne (matthieu.ballandonne@essca.fr) by June 30. Successful applicants will be informed by July 12. To foster discussions during the conference, full drafts will have to be sent by October 22.

Please find more information on the offical website.

Submission Deadline: 30 June 2020

2nd European MMT conference 2021 (Sept. 2021, Berlin)

13-15 September 2021 | Free University Berlin, Germany

Conference Theme: "Economic policy in a post-pandemic world"

The Covid-19 pandemic has led to a collapse of the global economy. As a result, unemployment soared and output plummeted, with inflation rates going negative in major economies. The traditional instrument of macroeconomic policy is the interest rate set by the central bank. However, the monetary policy strategy of inflation-targeting is discredited. Even after a decade of zero (or near-zero) interest rates, private investment has not boomed and inflation as well as unemployment rates have been disappointing, in the Eurozone more than elsewhere. We need to rethink economic policy.

And in the midst of this crisis of macroeconomic policy, we are running out of time to solve an even bigger crisis: the climate crisis. Full employment, price stability and ecological sustainability - how we can we reach these goals? What are the other goals progressives should aim for? What are the policy instruments available to make societies prosper?

The Biden administration in the US has shown a possible path forward, executing a $1.9 trillion spending program to tackle the covid crisis and planning for another a multi-trillion package to rebuild US infrastructure. The Federal Reserve Bank has announced that it will not raise rates until inflation increase above its acceptable level. Economic growth in 2021 is predicted to reach 8% with inflation staying stable. Meanwhile, the Eurozone has seen a very unequal fiscal response to the crisis. Eurozone growth for 2021 is forecasted to reach only 4%.

Mario Draghi has said in late 2019 that the ECB should examine new ideas like MMT. Christine Lagarde told us in April 2019 that MMT could help fight deflation. The editorial board of the WSJ wrote in April 2020 that "[i]t appears that we are all modern monetary theorists now."

In this conference, we are interested in contributions to the following topics and beyond from scholars of all disciplines:

Submission Procedure

We welcome extended abstracts in English or in German of 300 to 600 words which outline your research question, methodological and theoretical approach, interim results and their relevance in light of the above topics. Presentations will take place online on September 15, 2021. You will have 30 minutes to present and 15 minutes for discussion. Presenters will have to provide a Zoom link for their presentation or a link to a different videoconferencing software that listeners can access freely. This allows scholars from all over the world to participate in our conference. We will match papers with similar topics to create parallel sessions.

Please send your abstract with your name and your institution to conference@pufendorf-gesellschaft.org. The deadline is June 30, 2021. We will send out letters of acceptance in early July 2021. Registration will open in mid-July 2021. Guests – participants that do not present papers – can also register. Due to the limit number of places we will not be able to accommodate everybody.

For more information please visit the official website.

Sumbission Deadline: 20 June 2021

Conference on "Recent Shifts in the Boundaries of Economics: Philosophy and History" (Jan. 2022, Paris)

4-6 January 2022 | Paris, France

Conference Theme: Recent Shifts in the Boundaries of Economics: Philosophy and History

The Réseau en Epistémologie et en Histoire de la Pensée Economique Récente (Network in Epistemology and History of Recent Economic Thought) brings together researches on the evolution of economics from the late 19th to the early 21st centuries. The Network is organising a Conference on recents shifts in boundaries in economics.

Over the past four decades, the literature in philosophy and history of economics has sparked a growing interest in the changing boundaries between economics and other disciplines. Political economy emerged at the end of the 18th century as an autonomous scientific discipline; as other contemporary emerging fields, political economy built its field by drawing clear boundaries with other disciplines, such as demography, political arithmetic, morals, political philosophy, etc. Over the following centuries, these boundaries evolved, notably (1) in response to the emergence of other disciplines in thesocial sciences - in particular sociology; (2) to adapt the rhetoric of economics to the emergence of new institutional norms regulating the intellectual and academic professions; and (3) as a result of the development of new formal methods, new data constructs, and new data processing techniques.

The purpose of this conference is to invite scholars in economics, history of economics, and philosophy of economics to broaden the scope of research that has developed over the last four decades on the boundaries of economics. Four main areas of research will be emphasized.

Important contributions have focused on methods and instruments, including quantitative methods, mathematics, modeling and experimental protocols. This conference will offer new perspectives on this first theme, with a particular focus on the changes in methods and instruments that occurred after the 1980s. Another stream of research has investigated the theme of the changing boundaries of economics in terms of "imperialism" or "interdisciplinarity". From this perspective, the boundaries of economics establish interfaces of exchanges (of research objects, methods, data, etc.) taking place across different disciplines. Several examples have already been documented, such as the relationship between economics and psychology, economics and law, economics and sociology, economics and biology, economics and physics. The conference will host original case studies illustrating other "exchanges" occurring at the frontiers of economics: between economics and geography, economics and history, economics and management, economics and sustainability sciences, economics and cybernetics...

The boundaries of economics have also been transformed by the implementation of public policies and their evaluation using new quantitative or formal methods - as illustrated by the example of randomized field experiments, imported from medicine. Whether or not these recommendations are followed by practical implementation, they play a central role in the cross-evaluation of the relationships between various disciplines, state intervention and the mechanisms of interaction between the public and academic spheres. The conference will include contributions on case studies of these new interfaces between politics and academia.

Finally, we shallwelcome contributions that explore the changing internal boundaries of the economic domain, delineating the contours of its various sub-disciplines. This new field of research has recently been approached through the history of the classification and categorization of fields of research in economics, which have highlighted the emergence of new subfields, based on the implementation of new methods (such as experimental economics), on interest in new objects (such as gender economics) or on the implementation of new practices (for example, forensic economics). The study of these new subfields has the particularity - and interest - of directing the gaze towards smaller units of analysis, thus offering new historiographic approaches to this field of research.

Submission Procedure

Abstracts (from 600 to 800 words) should be sent before June 15, 2021 to Annie.Cot@univ-paris1.fr or Dorian.Jullien@univ-paris1.fr

More information will soon be available on the conference website.

Submission Deadline: 15 June 2021

International Conference on Finance and Economic Policy (ICOFEP) (Oct. 2021, online)

21-22 October 2021 | online

Conference Theme: New Economy in the post-pandemic period

The main aim of the conference is to share knowledge and expertise in the wide areas of New Economy functioning in the context of COVID-19 pandemic and its consequences. The fifth edition of ICOFEP will be divided into three major tracks: economics, finance and management.

Conference main topics include, but are not limited to





Please submit your paper to: icofep@ue.poznan.pl More information and publication guidelines can be found on the Conference website or via email: icofep@konf.ue.poznan.pl.

Conference fee (online) – 50 EUR (excluding participants from Poznań University of Economics and Business, Bucharest University of Economic Studies and members of EAEPE)

Submission Deadline: 15 June 2021

London workshop on institutional studies: "Crisis and Persistence: Dynamics of institutional changes at the interface of the formal and informal institutions" (Sept. 2021, online)

21-22 September 2021 | online

On behalf of the Friday Association for Institutional Studies (a collective including members of the Birkbeck Centre for Political Economy and Institutional Studies (CPEIS), the Centre for Comparative Studies of Emerging Economies (CCSEE) at the School of Slavonic and East European Studies (SSEES UCL) and the Institute for International Management at Loughborough University London), we are pleased to announce the following call for contributions to our 4th annual London workshop on institutional studies (to be held online on 21 and 22 September 2021).

As the COVID sanitary emergency continues to unfold, and despite the glimmer of hope afforded by the vaccine roll-out in some parts of the world, we are reminded of the key role crises often play in institutional change. Indeed, they constitute opportunity windows for change and sometimes moments of critical junctures and structural breaks in the development of economic institutions (Collier and Collier 1991; Acemoglu and Robinson 2012). However, some – even major – emergencies do not seem to have the expected disruptive effect on institutional arrangements, with institutional features showing remarkable resilience in the face of major upheaval (Crouch 2011). One stream of scholarship focuses on “punctured equilibrium” models (Baumgartner and Jones 1993), “grammar of institutions” (Crawford and Ostrom 1995) or “critical junctures” (Acemoglu and Robinson, 2012), that is to say on events or conditions generating big and radical institutional changes. Another stream of research has pointed out the importance of more subtle processes of institutional change, proposing theoretical tools that capture incremental, but still transformative processes of change (Mahoney and Thelen 2010; Streeck and Thelen 2005).

Against this general backdrop, one important understudied aspect is the role of informal institutions and their interplay with formal institutions in processes of institutional change. Crises are often associated with disruption of the formal institutional order, while little attention is paid to the role of informal institutions. Informal institutions are sometimes seen as ‘second best’ (Rodrik 2008) compared to more formal institutional arrangement. However, in crisis situations when the formal institutional order breaks down or is severely challenged, informal institutions may prove crucial for economic activity to persist by providing resilience. Conversely, whether or not a crisis will provide an opportunity for formal institutional change may also depend on whether informal institutions supporting the status quo remain unchallenged or are equally shaken by the crisis. More generally, informal institutions have been conceptualised as shaping the implementation of formal institutions, making them a more fundamental driver of institutional change (Boettke, et al., 2008).

Overall, we thus contend that crises provide opportunities to further our understanding of the interplay between formal and informal institutions. Better understanding the interplay between formal and informal institutions in times of crises holds important lessons for both theory and policy making. In certain circumstances, socially desirable change does not happen although recurring crises may show the limitations of the existing system. Conversely, more research is needed on what makes institutions resilient to crises even when change appears desirable. Both issues require a better understanding of the interplay between formal and informal institutions. We are thus calling for papers proposing to shed light on institutional change, either incremental or sudden, with an explicit focus on the role played by informal institutions, either theoretically or empirically.

Questions of interest include – but are not limited to:


Please send an abstract (max. 500 words) or a full paper (if available and preferred by the submitters) by 18 June 2021 to ssees-events@ucl.ac.uk The submission should be sent with “Institutional Change Workshop” in the subject line. Please note that the format of the submission (abstract or full paper) will not affect the chances of being accepted. Researchers submitting structured abstracts will not be treated less favourably than authors submitting full papers, as long as their key contribution and approach are made clear. Authors of accepted submissions will be notified by 9 July 2021.

For any queries, please contact any of the workshop convenors: Dr Luca Andriani (luca.andriani@bbk.ac.uk), Dr Randolph L Bruno (Randolph.bruno@ucl.ac.uk), Dr Elodie Douarin (e.douarin@ucl.ac.uk) and Dr Gerhard Schnyder (G.Schnyder@lboro.ac.uk)

Submission Deadline: 18 June 2021

The Regulation Review: Special Issue on "Cooperatives: regulation as a promising analytical framework?"

"The Régulation Review. Capitalism, Institutions, Power" is an international, peer-reviewed, JEL-refereed, econlit-listed journal and has published a call for papers for a special issue on "Cooperatives: regulation as a promising analytical framework?".

Cooperatives and the Social Solidarity Economy (SSE) more broadly are a field of practice that has remained somewhat on the margins of economic analysis, despite active spaces for academic and extra-academic exchanges. The institutionalist approach itself struggles to capitalize on the numerous empirical works that it has inspired or that have been produced in other disciplines. It does not always manage to situate itself with regard to the normative discourses on cooperatives and SSE, which often suffer from a conceptualization deficit and remain rooted in monographic approaches. In this field, fostered by reflexive practices, institutionalist concepts and approaches have yet to be articulated with studies rooted in practices. This is true both for research, with a view to moving up a gear or attaining greater generality, and for practices in order to enhance the perspective provided by research. A first ambition of this call for papers is therefore to fill these various gaps. It is thus a question of going beyond monographs alone and placing them in a theoretical framework that takes into account both the contexts and the diversity of practices and of forms of coordination, without necessarily reducing the approach to actor strategies.

No doubt the relative silence of institutionalism with regard to cooperatives can be explained by its recent history: its promoters had to position themselves vis-à-vis the standard analysis that prevailed at the time, without historicity and focused on instrumental rationality alone, in order to build their framework for analysing crises and the dynamics of capitalism. No doubt heterodox thinking was also carried along by their agendas, which left little room for relatively marginal practices or practices that did not feature much in the overall dynamics; one of their objectives being the characterization of capitalist dynamics.

It is therefore important to gain a better understanding of the productive dynamics specific to cooperatives in terms of their sectoral or territorial anchorage, their organizational forms and their effects on the wage relationship, or the articulation between the nature of ownership, the governance and the strategic choices of these democratic (or participatory) organizations. In particular, it is a question of better characterizing the renewal of forms and mechanisms of production. The variety of articulations between production and consumption, the mechanisms for the circulation of goods and services, are all specificities likely to be conveyed by cooperatives. There are socio-economic and socio-political models of the enterprise that can shed light on and feed the transitions underway as well as a creative mindset (mindsets that structure the cooperative approaches, whether they are seen as a utopia in action, a creative margin or a social innovation). Cooperatives are thus a particular heuristic object, worked on more in the literature than other SSE structures, probably because they derive first of all from economic/productive activity.

The diversity of practices within cooperatives is a challenge at the theoretical level. Within the cooperative movement, very different configurations coexist, ranging from marginality to sectoral dominance. Can they be captured within the same analytical framework? What concepts and survey tools enable us to understand their common structure – if they have one – as well as the dynamics of differentiation? And finally, where is the common ground between a cooperative subject to international competition such as Mondragon, a cooperative platform such as autonomous platform-coops, worker coops, and SCICs (coops with multiple partners – workers-cities-consumers, NGOs, etc.).

To understand this diversity, some developments in regulation theory, which have focused on the variety of territorial and sectoral configurations, offer an interesting perspective. Analysis in terms of meso spaces allows us to consider the internal regulation by which this or that type of business structure or actor reproduces itself, while taking into account the dialectical relationship of these spaces with the overall dynamic, accumulation and its mode of regulation. The issue of meso areas therefore seeks to grasp the tensions linked to historical, social, economic or ecological dynamics within the dynamics of accumulation. Meso analysis thus makes it possible to account for the processes of differentiation based on the relative autonomy of these different spaces and on the action of the stakeholders.

The call is focused on companies with cooperative status. The contributions may also consider other statutory forms of SSE or companies sharing common interests with SSE. It is well known that this field is thus shaped, for example, by the expansion of social business, an approach peculiar to the neo-liberal period. The research agenda could also be supported by research into alternative forms of organization, while keeping a critical eye on what can happen in their name.

The proposals expected for this issue of the Revue de la Regulation may take the following form:


Abstracts are to be sent to Thomas.lamarche@u-paris.fr & nadine.richez-battesti@univ-amu.fr: 2 to 4 pages (6,000 to 12,000 characters including spaces), taking care to clearly specify the question, the way it is dealt with and the materials and/or conceptual field involved.

Submission Deadline: 1 September 2021

Update on 24th ESHET Conference (Oct. 2020, Sofia/online)

8-10 October 2021 | Sofia, Bulgaria/online

Here follows a brief update about the 24 ESHET conference, which will be held from 8 until 10 October 2021. The full call for papers is available online and in a previous issue of the heterodox economic newsletter.

We are planning for a hybrid conference that will take place simultaneously online and at the University of National and World Economy in Sofia, Bulgaria. As we hope you can appreciate, currently we cannot say with any real confidence that the in-person part of the conference can take place, and if it can, what kinds of restrictions may exist in October. However, we can reassure you that it will under any circumstances be possible for any ESHET member to participate online. Especially authors whose proposals are accepted can count on being able to present at this year’s conference.

Having said that, we cannot currently advise you to make arrangements to travel to Bulgaria or to book accommodation. More definite advice is not likely to be available until about mid-July. The organisers have received a large number of paper proposals and these augur a very good conference. It remains possible to submit new proposals, also if you wish to replace a previously submitted proposal. Please send these to Pencho Penchev of the local organising committee at eshet2021@unwe.bg by 30 July 2021.

New proposals for sessions on all aspects of the history of economic thought are also still welcome. An abstract of about 600 words for a session should be submitted no later than 30 July 2021 via the conference website.

And a special call for Young Scholars

ESHET encourages persons currently enrolled in a PhD, or who have been awarded a PhD no more than two years prior to the date of this year’s ESHET conference (and regardless of age), to submit their work to the Young Scholars Seminar. A one-year ESHET membership is given to all young scholars who submit a paper. Up to six papers will be selected for the young scholar sessions. Presenters in the young scholar sessions receive a grant which will depend on their mode of participation.

Candidates should e-mail a paper no longer than 9000 words to Professors Sylvie Rivot (rivot@unistra.fr) and Christian Gehrke (christian.gehrke@uni-graz.at) by 30 July 2021.
Please include documentation of your (and your co-authors’) position vis-à-vis your PhD, and indicate in the subject of your e-mail: For Young Scholar Seminar.

Submission Deadline: 30 July 2021

Workshop and Special Issue on Rosa Luxemburg and International Law

In this call for abstracts, members of University of Warwick Law School are encouraging expressions of interest to collectively explore what an engagement with Luxemburg’s work may offer at this juncture of neoliberal capitalism, climate disaster, and pandemic. (Events that Rosa Luxemburg didn’t live to see but predicted with her work.)

This year marks the 150th anniversary of the birth of Rosa Luxemburg: a revolutionary theorist and political activist, whose work has provided important political economy critiques of imperialism, capitalism, nationalism and advocated for the collective commitment to social justice. While recent books have celebrated her life and intellectual and political legacy, engagement with her work in international law, although with some notable exceptions, has been largely marginal. Despite her sharp and insightful analysis of the nexus between colonialism and capitalist accumulation and her commitment to anti-militarism and internationalism, Luxemburg’s work remains less visible and prominent than male social thinkers.

We believe that placing Rosa Luxemburg’s work into conversation with international law - historically and with an eye to the future - can add significantly to our understanding of international legal debates in relation to imperialism, capitalism, ableism, and questions of race, class and gender critique.

Some themes that may be of interest include:


Please email abstracts to Christine.Schwobel-Patel@warwick.ac.uk and Serena.Natile@warwick.ac.uk. More information is available here.

Deadline for abstracts: 31 July 2021

Workshop on “African Continental Free Trade Area (AfCFTA): Implementation Challenges” (Sept. 2021, online)

30 September 2021 | online

Workshop Theme: "African Continental Free Trade Area [AfCFTA]: Implementation Challenges"

The University of Lagos invites you to submit papers for a Workshop on "African Continental Free Trade Area [AfCFTA]: Implementation Challenges". The virtual workshop will hold on September 30, 2021. Outstanding papers will be published in a special issue.

AfCFTA is a gamechanger. The AfCFTA agreement brings together 1.3 billion people across 55-member states of the AU, creating a huge market size of a combined gross domestic product valued at more than US$3.4 trillion. The signing of the AfCFTA was a major milestone in the continents quest for regional economic integration. Its major objective is the attainment of the Pan-African vision of an integrated, prosperous and peaceful Africa. The AfCFTA has been considered as a major opportunity for African countries to attract foreign direct investment, diversify exports, boost growth, reduce poverty, foster economic inclusion and promote sustainable economic development. Although it has been reported that Africa accounts for less than 3 percent of global trade, available estimates suggest that the AfCFTA has the potential to boost intra-African trade by 52.3 percent and double if non-tariff barriers are also reduced. Thus, there is ample optimism that building a regional market to enhance the creation of employment opportunities would provide the spark for poverty reduction on the continent. However, the proviso ‘if properly implemented’ is appended to all its promises.

We invite contributions from authors working on AfCFTA. The workshop focuses on the challenges of AfCFTA implementation. Some questions we expect the papers to answer are lessons learnt from the review of the history of implementing trade and regional agreements in Africa; identification of the country- and continental-level challenges to proper implementation of the AfCFTA; solutions to the problems of policy design, administration, institutions and political economy. The workshop will discuss these issues at the sub-national, national, regional and continental levels across Africa and beyond. Contributions to the workshop and the special issue publication will do the following:

We invite researchers interested in presenting at the workshop to send an abstract of no more than 250 words with professional affiliation and contact details to soakinleye@unilag.edu.ng by Friday 25 June 2021. Decisions will be communicated by mid-July 2021. Draft papers (5000-8000 words) will be pre-circulated among participants by the second week of September. A selection of outstanding papers will be developed into a special issue in Journal.

Submission Deadline: 25 June 2021

Call for Participants

1st SDMRG International Workshop: Structuralist Development Macroeconomics: Challenges and new Perspectives (June 2021, online)

10-12 June 2021 | online

Structural Development Macroeconomics can be understood as an approach to the deep determinants of economic development in which the macroeconomic policy regime has a key role in explaining international growth rate differences, notably among middle-income countries. It strongly relies on a multidisciplinary but rigorous assessment of the subject. The research group was founded back in 2008, in the aftermath of the "Great financial crisis", and currently has more than thirty members from academic to policy circles in South America, Europe, and the United States. It is officially registered at the Directory of the National Council for Scientific and Technological Development (CNPq), and is certified by the University of Brasília.

The 1st SDMRG International Workshop is a joint initiative with the Graduate program in Political Economy of the University of Brasília, and represents a unique opportunity to discuss the latest research on various aspects of this complex project. The event is naturally intended to foster diversity in the approach and in the methodology used to analyse processes of catching-up and falling-behind. Safety restrictions due to the COVID-19 have not allowed the development of a conference in a more standard format. The organising committee thanks all participants and interested colleagues for their support in making this Online initiative to be possible.

To register for the conference please use the online form. For further information please visit the official website.

Exploring Economics: Global Pluralist Economics Training 2021

The Global Pluralist Economics Training consists of

The online workshops will provide capacity building and foster knowledge exchange with the central goal to promote organising similar educational formats around the world. Therefore, they will include organizational as well as technical training. The detailed topics that will be covered in the online workshops will be determined based on the trainees’ needs and wishes. The workshops will be facilitated by members of the global Rethinking Economics network and other local groups that have experience in campaigning for Pluralism in Economics. Also, the participants will have the possibility to connect with the Summer Academy organising team to draw from their experiences and networks.

There is no participation fee. You can be a trainee free of charge. Since the programme will run online, the only thing you need is access to a computer and a stable internet connection. If necessary, we can support you by covering internet usage costs. You can have a look at the highlights from last years Global Pluralist Economics Training 2020 here. *You can also apply for the Summer Academy without participating in the GPET program if this would better suit your interests.

For Application and further information please visit the website.

Application Deadline: 11 June 2021

Summer School on Ecological and Feminist Macroeconomics (July 2021, online)

online | 12-16 July 2021

The University of Barcelona School of Economics is organising a Summer School on Ecological and Feminist Macroeconomics.

How can we provide a good life for all within planetary boundaries? A recent article in Nature Sustainability (O’Neill, 2018) argues that “No country in the world currently meets the basic needs of its citizens at a globally sustainable level of resource use.” This summer workshop offers a crash course on both ecological and feminist macroeconomics. Moreover, it invites participants to reflect upon the convergence between the two. The intention is to contribute to macroeconomics able to face the challenges of the XXI Century. These are well reflected by the Sustainable Development Goals. Particular emphasis will be paid to ecological sustainability, gender equality, and their intersections.

If you are interested in pluralist economics and new economics, you can’t miss this course! Some of the best scholars from both ecological and feminist economics will introduce the topics and present their cutting-edge research. You will then have the chance to personally interact with them. Exchanges among participants will also be fostered, with the aim of starting collaboration for future research projects. Opportunities for PhD and postdoc fellowships will also be offered for those interested to pursue further research in the topics covered by this online summer crash course. The time is ripe for macroeconomics to refocus on what really matters: the health and wellbeing of our people and our planet.

A certificate of participation will be issued at the end of the course. Please find more information on the official website.

Registration Deadline: 11 June 2021

Conference Papers, Reports, and Podcasts

Rosa Luxemburg at 150: Conference papers and panels online

All of the conference panels are published on our YouTube page, and the conference papers as articles on our website. The conference URL, www.rosalux.de/rosa-at-150, now leads directly to a page with all of the panel recordings. We've also collected them in a YouTube playlist: https://www.youtube.com/watch?v=qzyPT4boL8c&list=PLvnBzZOjEg-HoRI9LGSI5Apay63F7fUcB. The videos are of slightly higher quality than the versions available on Facebook, and we've restored the first 5 minutes of the opening plenary which were cut off during the initial livestream.

All of the conference papers have now been copy-edited and published in article form as part of our larger thematic dossier on Rosa Luxemburg: https://www.rosalux.de/en/dossiers/rosa-luxemburgs-life-and-legacy. This dossier is always growing, so if you have not yet submitted your conference paper but would still like to do so write Loren Balhorn.

Job Postings

Chemnitz University of Technology, Germany

Job title: Junior Professorship W1 in Economics

The Faculty of Economics and Business Administration aims to fill the open position as soon as possible. The successful candidate will represent the field “Economics“, with an emphasis on either Public Economics or Environmental Economics, in research and teaching. The candidate will also contribute to the curriculum of Bachelor and Master programs of the Faculty of Economics and Business Administration. He or she is alsoexpected to contribute to the development of the existing Bachelor and Master programs, especially the Master program “Economics”, as well as the advancement of teaching and research concepts.

Applicants should have completed a PhD in economics or another relevant field on a topic related to public or environmental economics. Ideally, the candidate should already have teaching experience in a field relevant for
the open position.

Essential qualifications for the open position are:

Further desirable qualifications are:

Certificates for and documentation of teaching experience are welcome and should be included in the application. The appointment is made based on the requirements of § 63 Abs. 1 and 3 SächsHSFG and is not possible for applicants holding the academic degree of “Habilitation” or are in the process of obtaining that degree. The initial appointment is limited to four years and will be extended for another two years in the case of a positive evaluation.

Chemnitz University of Technology is an equal opportunity employer. Women are strongly encouraged to apply. Candidates with disabilities and equivalent qualifications will be given preference.
Applicants should send their complete application documents (curriculum vitae, list of publications, teaching experience, teaching evaluations, degree certificates, statement on the status of the candidate's "Habilitation" process if applicable) to the address below via email or postal mail.

Please do not include links to documents hosted on external servers in electronic applications, as these cannot be processed for security reasons. Electronic applications in PDF format to dekanat@wirtschaft.tu-chemnitz.de without such links to external documents are highly welcome.

Applications should be sent to the dean of the Faculty of Economics and Business Administration:
Technische Universität Chemnitz
Dekan der Fakultät für Wirtschaftswissenschaften
09107 Chemnitz

Application Deadline: 25 June 2021

UWE Bristol, England

Job title: Senior Lecturer in Economics

With recent successes in research outputs, funding, and staff and student recruitment, UWE Economics is seeking to grow the group size to reinforce our research-led pluralist curriculum. We are seeking applicants who already are, or have the potential to be, inspirational researchers and educators. Applicants will be keen to shape the future of heterodox economics research debates and have a desire to be involved in shaping the minds of future critical thinkers. We are particularly interested in applications from scholars who can engage across a range of our core areas of teaching and research. Examples of areas of expertise sought include critical micro- and macroeconomics, banking and finance, history of economic thought, economic history and economic reasoning, political economy, econometrics and quantitative methods, qualitative research methods, and development economics.

About you

Successful applicants will have experience in delivering research-led teaching at undergraduate or postgraduate level, and a strong potential or proven academic record in research.

To succeed in this role it is expected that you will have:

Additional criteria include:

For application and further information please visit the website.

Application Deadline: 14 June 2021

University of Bologna, Italy

Job title: Post-doctoral researcher on ‘Macroeconomics and finance of low-carbon transitions’

The Department of Economics of the University of Bologna is currently inviting applications for a post-doctoral research position to work on ‘Macroeconomics and finance of low-carbon transitions’.

The postholder will participate to the activities of the SMOOTH research project (ERC Starting Grant 853050 - see description below). We are looking for candidates working on one or more of the following research areas: macroeconomic modelling of technological transitions; macrofinancial transition risks; investment behaviour; climate-related financial and monetary policies; central banks and financial supervisors. The postholder will actively collaborate with the rest of the SMOOTH team and supervise junior researchers.

The position will last up to three years (with confirmation after 12 months), starting on 1 October 2021. Alternative starting dates can be discussed. The gross annual salary is 35,000€. The salary is exempt of taxation but subject to pension contributions. The monthly net salary is approximately equal to 2,583€. We expect the postholder to be based in Bologna. The knowledge of the Italian language is welcome but not a prerequisite.

Job qualifications and requirements

The features of the ideal candidate include:

SMOOTH project

The aim of SMOOTH is to study the dynamic links between macro-financial systems and the transition to a low-carbon society, and to contribute to the design of policies directed at achieving a rapid and smooth decarbonisation. The project is composed of three main areas of work: i) the study of how expectations, sentiments and cognitive biases affect the carbon intensity of physical and financial investments; ii) the analysis of drivers, transmission channels and macro-financial impacts of transition risks, with a focus on physical and financial stranding risks; iii) the study of the governance and political economy implications of a lowcarbon transition, with a focus on the role of central banks and financial regulators. SMOOTH started in September 2020 and will last five years. It is conducted by an international interdisciplinary research team at the Department of Economics of the University of Bologna, in collaboration with the Milano-based RFF-CMCC European Institute on Economics and the Environment. For more information on the project, please visit: https://site.unibo.it/smooth/en.

Contacts: For all enquiries, please write to emanuele.campiglio@unibo.it.

Application Deadline: 11 June 2021

University of Connecticut, US

Job title: Postdoctoral Research Fellowship

The University of Connecticut's Human Rights Institute (HRI) is pleased to invite applications for a Postdoctoral Research Fellowship related to its new Human Rights Data Hub. The successful candidate will participate in research, programming, and the organization of the Human Rights Data Hub, an initiative of the Human Rights Institute. The Data Hub and the HRI in general, are an interdisciplinary space devoted to applying diverse research methodologies and innovative approaches to the study of human rights.




This is a full-time, 12-month position with an anticipated start date of August 23, 2021. The position may be renewable for a second year, pending a positive review and funding. The successful candidate’s appointment will be at the main UConn Storrs. Salary will be commensurate with qualifications and experience.


Please apply online at https://hr.uconn.edu/jobs, Staff Positions, Search #495254 and submit the following application materials:

  1. A cover letter specifically addressing your credentials relative to the minimum and preferred qualifications listed above.
  2. Curriculum vitae
  3. A 1-2 page research and scholarship statement
  4. A 1-2 page commitment to diversity and inclusion statement
  5. Names and contact information for three professional references

Evaluation of applicants will begin immediately and continue until the position is filled. Priority will be given to applications received by May 28, 2021. For more information regarding the Human Rights Institute, please visit the Institute’s website at https://humanrights.uconn.edu/.

Questions about the position can be directed to Dr. Kathryn Libal (kathryn.libal@uconn.edu) or Dr. Michael Rubin (michael.rubin@uconn.edu).

Application Deadline: 10 June 2021

University of Genova, Italy

Job title: Doctoral scholarship in Economics and Management

A three-year Doctoral scholarship in Economics and Management starting November 1st 2021 is open at the Department of Mechanical, Energy, Management and Transportation Engineering of the University of Genova, Italy. Research methodology shall be rooted on quantitative and computational approaches in finance and economics with a specialization on agent-based computational economics, sustainable finance and financial engineering.

Eligibility: Applicants should hold (or be close to complete by October 31st 2021) a Master degree in Economics, Engineering or Science with a background in programming, data analysis and statistics.

For Application and general information please visit the website.

Contacts: Interested candidates should contact Prof. Marco Raberto as soon as possible.

Application Deadline: 15 June 2021

University of Manchester, UK (1/2)

Job title: Lecturer in Global Development

The University of Manchester seeks to appoint a Permanent Lecturer in Global Development (Teaching and Research). It welcomes applications from exceptional candidates who can contribute to research and research-informed teaching that complements existing offerings in the Global Development Institute (GDI). The post will be attached to the GDI’s Social Development cluster and to one or more of GDI’s research groups.

Applications are welcomed from appropriately qualified candidates in all areas of global development, but particularly from candidates with research and teaching interests related to global political economy, gender and development, poverty and inequality, agrarian change and sustainable development.

The University invites applications for the above post, starting from 1st August 2021. Interviews will be held in June/July 2021.

As an equal opportunities employer we welcome applicants from all sections of the community regardless of age, sex, gender (or gender identity), ethnicity, disability, sexual orientation and transgender status. All appointments are made on merit. Blended working arrangements may be considered. Please note that we are unable to respond to enquiries, accept CVs or applications from Recruitment Agencies.

Please find more information here or on the official website of the University of Manchester.

Application Deadline: 14 June 2021

University of Manchester, UK (2/2)

Job title: Lecturer in Human Resource Management and International Development (T&S or T&R)

The University of Manchester seeks to appoint fixed-term Lecturers in Human Resource Management and International Development. It welcomes applications from candidates who can contribute to research-informed teaching that complements existing offerings in the Global Development Institute (GDI). The post will enhance the GDI’s research and teaching capacity in human resource management and international development, and the successful candidate will be attached to the GDI’s Management, Governance and Development cluster.

Applications are welcomed from appropriately qualified candidates in all areas of human resource management and international development, but particularly from candidates with research and teaching interests related to international human resource management, human resource practices, organisational change, project finance, risk management, organisational behaviour, and human capacity building within a global development perspective. The University invites applications for the above post starting from 1st August 2021. Interviews will be held in June/July 2021.

As an equal opportunities employer we welcome applicants from all sections of the community regardless of age, sex, gender (or gender identity), ethnicity, disability, sexual orientation and transgender status. All appointments are made on merit. Blended working arrangements may be considered. Please note that we are unable to respond to enquiries, accept CVs or applications from Recruitment Agencies.

More information is available here or at the official website of the University of Manchester.

Application Deadline: 14 June 2021

University of Porto, Portugal

Job title: Assistant Professor in Economics

The University of Porto is currently inviting applications for the position of an Assistant Professor in the Area of Economics of the Faculty of Economics of this University. The application procedure will remain in force for a period of thirty business days as from the date immediately following the publication of this Notice in the Official Gazette. If the application deadline ends on a closing day at the University of Porto, the next business day.

Selection process

The ranking of the candidates will be carried out through curricular evaluation, considering the profile of the assistant professor's functions and the potential manifested for the exercise of these functions, namely the scientific and pedagogical activity developed in the disciplinary area of Economics, particularly in the domain of particularly in the field of the History of Economic Thought and Economic History. In the aspects of curriculum evaluation identified in point 4 of the Notice, the curricular aspects in the area of Economics should be highlighted, particularly in the field of the History of Economic Thought and Economic History.

Methods and criteria for evaluation and ranking of candidates

The vote against the approval on absolute merit must be based on one or more of the following circumstances:

Candidates who are approved by an absolute majority of the votes of the voting jury members are considered to be approved on absolute merit, in justified nominal voting, where abstentions are not allowed.

Working methodology of the jury

Each member of the jury carries out its evaluation exercise, scoring each candidate in relation to each dimension, on a scale from 0 to 100 points, considering the approved criteria for each dimension. Following their evaluation exercise, each member of the jury builds their ordered list of candidates' evaluation, with which they participate in the votes that lead to the decision and the final ranking of the candidates.

Please find the full information on relevant criteria in the Note.

Application instruction

The application must be accompanied by the following documents:

The documents mentioned below, delivered, in duplicate on CD’s or Pen’s protected from editing, in pdf format (allowing text copying, but not editing). The instructions for submitting the information are available in the U Porto webpage.

Application Deadline: 25 June 2021


Essay Prize: What Contribution can Heterodox Economics Make to Addressing the Climate Emergency?

The Independent Social Research Foundation (ISRF) and the Cambridge Journal of Economics (CJE) intend to award a prize of EUR 7,000 for the best essay on the theme, ‘What contribution can heterodox economics make to addressing the climate emergency?’ Authors are free to choose their topic and title within this wider theme. Please read these details carefully before contacting the ISRF or the CJE with a query or submitting your essay for consideration.

Essays are invited which explore the potential contribution of any aspect(s) of heterodox economics, broadly construed, to addressing the climate emergency. Possible sub-topics include:

Essays could discuss theoretical issues in general terms, or focus on specific problems or practical strategies. If the scientific consensus is correct, we only have a few years before serious climate damage becomes irreversible. Therefore contributors who focus on long-term structural transformations of the economy, society, or economics, may also wish to discuss how to think and act given the urgency of the situation. The winning essay will be selected from submissions received in the submission window commencing 1st September 2021, closing at midnight on 30th September 2021.

The essay will be judged on its originality and independence of thought, its scholarly quality, its potential to challenge received ideas, and the success with which it matches the criteria of the ISRF and the CJE. The successful essay will be intellectually radical, orthogonal to existing debates, and articulate a strong internal critique across the fields of economic research. Its challenge to received ideas will have the potential to provoke a re-thinking of the topic.

The ISRF is interested in original research ideas that take new approaches and suggest new solutions to real world social problems. The full statement of the ISRF’s criteria and goals may be viewed here. The CJE provides a forum for theoretical, applied, interdisciplinary, history of thought and methodological work, with strong emphasis on realistic analysis, the development of critical perspectives, the provision and use of empirical evidence, and the construction of policy. More detail about the Journal can be found on the Journal’s website. The 2015 ISRF Essay Prize in Economics was awarded to Julie Nelson for her essay Husbandry: a (feminist) reclamation of masculine responsibility for care.

The submitted essays will be judged by an academic panel (the ISRF Essay Prize Committee) and the winner will be decided by unanimous vote. The panel’s decision will be final, and no assessments or comments will be made available. The result will be notified to applicants by email by the end of July 2022 and will then be announced by posting on the websites of the ISRF and of the CJE. The ISRF and the CJE reserve the right not to award the prize, and no award will be made if the submitted essays are of insufficient merit.

Submissions should be made – within the submission window only – online.

Submission Window: 1-30 September 2021

Winners Announcement: Society for the Advancement of Socio-Economics: Alice Amsden Best Book Award

We are delighted to announce the 2021 Alice Amsden Best Book Award winner, Sorting Out the Mixed Economy: The Rise and Fall of Welfare and Developmental States in the Americas by historian Amy Offner. The award committee members have also awarded an honorable mention to Neoliberal Resilience: Lessons in Democracy and Development from Latin America and Eastern Europe by Aldo Madariaga. Congratulations to Professors Offner and Madariaga, and huge thanks to the Alice Amsden Best Book Award committee members Leslie McCall (chair), Matthew Amengual, Margarita Estevez-Abe, and Gernot Grabher for their efforts!

Please find more about these two exceptional books and the committee's decision here.


Bulletin Of Political Economy 14 (1)

Louis-Philippe Rochon Guillaume Vallet: Monetary Policy and Structural Change: an Introduction

Nicolás Águila and Juan M. Graña: The Influence of the Interest Rate in Capitalist Competition: Capital Differentiation and Structural Change

Eladio Febrero: The Changing Growth Pattern in the Spanish Economy Driven by the Eurosystem: from Poor Supervision to Conditionality on the Provision of Central Bank Reserves

Sergio Rossi: Central Banks’ Contribution to Financial Instability

Giuseppe Vitaletti: Rate of Interest and Public Debt in a Sraffian-Keynesian Model

Cambridge Journal of Economics 45 (3)

Editor's Choice: Clotilde Champeyrache: A Commonsian approach to crime: the Mafia and the economic power to withhold

J C Barba; J Laborda; R Laborda: The timely overestimation of Spanish GDP in the great recession

Andrew Henley: The rise of self-employment in the UK: entrepreneurial transmission or declining job quality?

Luke Petach: Spatial Keynesian policy and the decline of regional income convergence in the USA

Hugo Carcanholo Iasco Pereira; João P Romero; Victor Medeiros: Kaldor–Verdoorn’s law and institutions: evidence from Brazilian municipalities

Aldo Barba: The redistributive consequences of paying off the national debt: Ricardo and his plan

Wilfried Parys: Some additions and corrections for Sraffa on Ricardo in Business

Fred Moseley: A critique of Shaikh’s two interpretations of Marx’s ‘transformation problem’

Review Article: Suzanne J Konzelmann; Victoria Chic; Marc Fovargue-Davies: Keynes, capitalism and public purpose

Global Labour Journal 12 (2)

Maria Cook: Enrique de la Garza Toledo - In Memoriam

Joe Buckley: Freedom of Association in Vietnam: A Heretical View

Tobias Gerhard Schminke, Gavin Fridell: Trade Union Transformation and Informal Sector Organising in Uganda: The Prospects and Challenges for Promoting Labour-led Development

Katherine Nastovski: Transnational Labour Solidarity as Transformative Practice: Reframing the Role of Labour Transnationalism

Tim Pringle: The Unionisation Wave in Hong Kong: The Noise before Defeat or the Route to Victory?

Jan Breman: Classes of Labour in India: A Review Essay

Jonathan Parry: Response to Jan Breman's Review Essay on Classes of Labour: Work and Life in a Central Indian Steel Town

History of Economics Review 78 (1)

Michael McLure: Galileo Galilei Prize Award (Premio Galileo Galilei)

Mark Donoghue: Adam Smith’s Defence of Empire: A Note

Ramesh Chandra: Adam Smith, Allyn Young, Amartya Sen and the Role of the State

Selwyn Cornish & Alex Millmow: How Arthur Smithies Was Lost to Australia

Judith F. Butlin: Archives – an Invaluable Resource

Journal of Evolutionary Economics 31 (2)

Daniele Tavani, Luke Petach: Firm beliefs and long-run demand effects in a labor-constrained model of growth and distribution

Lucrezia Fanti: ‘Kaldor Facts’ and the decline of Wage Share: An agent based-stock flow consistent model of induced technical change along Classical and Keynesian lines

Gilberto Tadeu Lima, Jaylson Jair Silveira: Evolutionary microdynamics of employee profit sharing as productivity-enhancing device

Céline Merlin-Brogniart, Simon Nadel: Specificities of environmental innovation dynamics in service firms: the French case

Armaghan Chizaryfard, Paolo Trucco, Cali Nuur: The transformation to a circular economy: framing an evolutionary view

Michele Berardi: Discrete beliefs space and equilibrium: a cautionary note

Orlando Gomes: Growth theory under heterogeneous heuristic behavior

Srikant Devaraj, Marcus T. Wolfe, Pankaj C. Patel: Creative destruction and regional health: evidence from the US

Elvis Korku Avenyo, Maty Konte, Pierre Mohnen: Product innovation and informal market competition in sub-Saharan Africa

Review of Evolutionary Political Economy 2 (1)

Muhamed Kudic, Matthias Müller, Tobias Buchmann, Andreas Pyka, Jutta Günther: Network dynamics, economic transition, and policy design—an introduction

Mark Knell: The digital revolution and digitalized network society

Mariia Shkolnykova: Who shapes plant biotechnology in Germany? Joint analysis of the evolution of co-authors’ and co-inventors’ networks

Patrick Wolf, Tobias Buchmann: Analyzing development patterns in research networks and technology

Dominique Foray, Martin Eichler, Michael Keller: Smart specialization strategies—insights gained from a unique European policy experiment on innovation and industrial policy design

Michael Rothgang, Bernhard Lageman, Anne-Marie Scholz: Why are there so few hard facts about the impact of cluster policies in Germany? A critical review of evaluation studies

Leonard Prochaska, Daniel Schiller: An evolutionary perspective on the emergence and implementation of mission-oriented innovation policy: the example of the change of the leitmotif from biotechnology to bioeconomy

Review of International Political Economy 28 (3)

Natalya Naqvi: Renationalizing finance for development: policy space and public economic control in Bolivia

Manolis Kalaitzake: Brexit for finance? Structural interdependence as a source of financial political power within UK-EU withdrawal negotiations

Scott James & Lucia Quaglia: Brexit and the political economy of euro-denominated clearing

Sébastien Charles & Jonathan Marie: How Israel avoided hyperinflation. The success of its 1985 stabilization plan in the light of post-Keynesian theory

Morr Link & Yoram Z. Haftel: Islamic legal tradition and the choice of investment arbitration forums

Tarald Laudal Berge & Taylor St John: Asymmetric diffusion: World Bank ‘best practice’ and the spread of arbitration in national investment laws

Eugene Gholz & Llewelyn Hughes: Market structure and economic sanctions: the 2010 rare earth elements episode as a pathway case of market adjustment

Daniel McDowell: Financial sanctions and political risk in the international currency system

Moritz Weiss: Varieties of privatization: informal networks, trust and state control of the commanding heights

Robbie Shilliam: The past and present of abolition: reassessing Adam Smith’s “liberal reward of labor”

Declan Curran & Mounir Mahmalat: Policy divergence across crises of a similar nature: the role of ideas in shaping 19th century famine relief policies

Maria Gavris: Revisiting the fallacies in Hegemonic Stability Theory in light of the 2007–2008 crisis: the theory’s hollow conceptualization of hegemony

Review of Radical Political Economics 53 (2)

Juan E. Santarcángelo and Juan Manuel Padín: Reshaping the Economic Structure in Argentina: The Role of External Debt during the Macri Administration (2015–2019)

Tyler Saxon: Military Subsidization of Human Capital and Gender Stratification in the US Economy

Ju Li: Open Sesame? The Paradoxical Development of C2C E-commerce in China

Steve Cohn: The Implications of the Triumph of Neoclassical Economics over Marxist Economics in China

William Jefferies: China’s Accession to the WTO and the Collapse That Never Was

Attilio Trezzini: Harrodian Instability: An Unhelpful Analytical Concept

Claudio Alberto Castelo Branco Puty: A Note on Relative Prices and Income Distribution over the US Business Cycle: 1857–2009

Review of Social Economy 79 (2)

Steve Fleetwood: A definition of habit for socio-economics

Kanybek Nur-tegin: Social capital – a topsoil for democracy

Eefje de Gelder, Albert de Vaal, Paul H. Driessen, Esther-Mirjam Sent & Josée Bloemer: Market competition and ethical standards: the case of fair trade mainstreaming

Rosalia Castellano, Gaetano Musella & Gennaro Punzo: Wage dynamics in light of the structural changes in the labour market across four more economically developed countries of Europe

Sergei Hoxha & Alfred Kleinknecht: Do trustful labor–management relations enhance innovation? Evidence from German WSI data

Guido de Blasio, Diego Scalise & Paolo Sestito: Universalism vs. particularism: a round trip from sociology to economics

Roland Zullo: Non-market institutions and crime in US counties: Hayek v. Polanyi

Geoffrey Poitras: Phenomenology and heterodox economics

Ramesh Chandra Das, Chhanda Mandal & Arun Kumar Patra: Linkage between social sector’s spending and HDI: study on individual as well as panel data of Indian states

Philipp Heimberger: What is structural about unemployment in OECD countries?

Revue de la régulation 29: Special Issue on "What does the covid-19 crisis reveal about Economics and the Economy?"

Jean-Christophe Graz, Pierre Alary, Agnès Labrousse, Thomas Lamarche & Julien Vercueil: Introduction to the issue

Sébastien Charles, Thomas Dallery & Jonathan Marie: Covid-19 and interweaving of crises: restoring Keynesianism in order to rebuild macroeconomic policy

Thierry Pairault: Africa and its “Chinese” debt in the time of covid-19

Mikael Randrup Byrialsen, Finn Olesen & Mogens Ove Madsen: The macroeconomic effects of covid-19 : the imperative need for a Keynesian solution

Solène Morvant-Roux, Jean-Michel Servet & André Tiran: « Whatever it costs ? » Can an hyper-financialized world emerge from the great lockdown without returning to a neoliberal order ?

Jérémie Bastien: Meso-economic effects of the covid-19 crisis: towards an accentuation of the financialization of European professional football

Katiuska King, Pablo Samaniego & César Carranza: Facing covid-19 in Ecuador: a blueprint for monetary policy and food sovereignty

Robert Guttmann: Virus economics: an American tragedy

Samira Guennif: Regulatory capture in times of pandemic: the case of remdesivir under the Orphan Drug Act

Coline Ruwet: When time is of the essence: rethinking our relationship to time with the covid-19 pandemic

Rudy Bouguelli: The Fed’s monetary policy in times of covid-19: continuity and change

Louis Alexandre Erb et François Pierre Reynaud: The consequences of the health crisis on labor relations. Has the implementation of the first confinement transformed the wage relationship in France?

Sylvain Maechler: Is mainstream economics compatible with interdisciplinary dialogue ? An analysis of the Swiss expert system in the face of covid-19

Adeline Alonso Ugaglia, Ornella Boutry, Marie Ferru, Jacques Mathé, Benoît Prévost & Audrey Rivaud: The covid-19 crisis, a driver for change for the French food system?

The European Journal of the History of Economic Thought 28 (3)

Alex M. Thomas: On “effectual demand” and the “extent of the market” in Adam Smith and David Ricardo

Luca Sandonà: An intellectual boost for Italy’s Europeanisation: the contribution of the influential think tanks Arel and Nomisma (1978–1993)

João Sicsú: Keynes’s state planning: from Bolshevism to The General Theory

Lennart Erixon: The Stockholm School in a new age – Erik Lundberg’s changing views of the Rehn-Meidner Model

Kayoko Misaki: Léon Walras and The Wealth of Nations: what did he really learn from Adam Smith?

Philippe Broda: Institutions, economy and politics: the debate between Commons and North

Alexander Jordan: The dismal science down under: responses to Thomas Carlyle amongst Australasian Economists, c. 1880–1920

Eric Magnin & Nikolay Nenovsky: Calculating without money. Theories of in-kind accounting of Alexander Chayanov, Otto Neurath and the early Soviet experiences

Ariane Dupont Kieffer: The most Frischian among the Norwegian Economists

The Review of Black Political Economy 48 (2)

Ngina Chiteji: Wealth and Retirement: Pondering the Fate of Formerly Incarcerated Men During the Golden Years

Malefa Rose Malefane: Investigating the Core–Periphery Relationship in the Southern African Customs Union

Saqib Amin and Nawaz Ahmad: Diversity and Informal Economy: An International Perspective

Christopher L. Atkinson, Cliff McCue, and Jesse Saginor: The Best Disparity, or Lack Thereof, That Money Can Buy

Books and Book Series

The Current Economy: Electricity Markets and Techno-Economics

by Canay Özden-Schilling | 2021, Stanford University Press

Electricity is a quirky commodity: more often than not, it cannot be stored, easily transported, or imported from overseas. Before lighting up our homes, it changes hands through specialized electricity markets that rely on engineering expertise to trade competitively while respecting the physical requirements of the electric grid. The current economy is an ethnography of electricity markets in the United States that shows the heterogenous and technologically inflected nature of economic expertise today. Based on ethnographic fieldwork among market data analysts, electric grid engineers, and citizen activists, this book provides a deep dive into the convoluted economy of electricity and its reverberations throughout daily life.

Canay Özden-Schilling argues that many of the economic formations in everyday life come from work cultures rarely suspected of doing economic work: cultures of science, technology, and engineering that often do not have a claim to economic theory or practice, yet nonetheless dictate forms of economic activity. Contributing to economic anthropology, science and technology studies, energy studies, and the anthropology of expertise, this book is a map of the everyday infrastructures of economy and energy into which we are plugged as denizens of a technological world.

Please find a link to the book here.

Between Realism and Revolt: Governing Cities in the Crisis of Neoliberal Globalism

by Jonathan Davies | 2021, Bristol University Press

Leading governance theorist Jonathan S. Davies develops a rich comparative analysis of austerity governance and resistance in eight cities, to establish a conjunctural perspective on the rolling crises of neoliberal globalism. Drawing on a major international study of eight cities, Davies employs Gramscian regime analysis to consider the consolidation, weakening and transformation of urban governance regimes through the age of austerity. He explores how urban governance shapes variations in austere neoliberalism, tackling themes including collaboration, dominance, resistance and counter-hegemony. The book is a significant addition to thinking about how the era of austerity politics influences urban governance today, and the potential for alternative urban futures.

Please find a link to the book here.

Dark Academia: How Universities Die

by Peter Fleming | 2021, Pluto Press

There is a strong link between the neoliberalisation of higher education over the last 20 years and the psychological hell now endured by its staff and students. While academia was once thought of as the best job in the world - one that fosters autonomy, craft, intrinsic job satisfaction and vocational zeal - you would be hard-pressed to find a lecturer who believes that now.

Peter Fleming delves into this new metrics-obsessed, overly hierarchical world to bring out the hidden underbelly of the neoliberal university. He examines commercialisation, mental illness and self-harm, the rise of managerialism, students as consumers and evaluators, and the competitive individualism which casts a dark sheen of alienation over departments. Arguing that time has almost run out to reverse this decline, this book shows how academics and students need to act now if they are to begin to fix this broken system.

Please find a link to the book here.

Emerging Economies and the Global Financial System: Post Keynesian Analysis

edited By Bruno Bonizzi, Annina Kaltenbrunner and Raquel A. Ramos | 2021, Routledge

This book provides a comprehensive overview of the financial integration of emerging economies through an in-depth analysis of the international monetary system, how it impacts capital flows and exchange rates, and its implications for policy making.

The financial integration of emerging economies has been a remarkable development of the past two decades. The growth of cross-border transactions and asset ownership, not least through the accumulation of foreign exchange reserves, has put many of these countries in a more prominent, if still peripheral, position within the global financial system. This has not been a smooth process, as integration has been marked by cyclical waves of capital flows, with financial and currency instability often accompanying the acute phases of these cycles. While conventional economic theory traditionally sees financial integration as a positive development, Post-Keynesian economists, working in the tradition of Keynes, Minsky and Kalecki, have long taken a more sceptical viewpoint. By centring the analysis of financial dynamics on concepts as liquidity, uncertainty, balance-sheet structures and institutions, Post-Keynesian theory highlights the intrinsic character of shocks imposed by financial integration upon emerging economies, and their implications for economic growth and distribution. This book demonstrates that these analyses can be fruitfully used to gain a better understanding of financial (in)stability and economic development in emerging economies as they integrate into the global financial system.

This work provides key reading for students and scholars of economics, political economy and finance that are interested in the financial integration of emerging economies, and how the heterodox tradition of Post-Keynesian economics contributes to its analysis.

Please find a link to the book here.

Handbook of the Circular Economy

edited by Miguel Brandão, David Lazarevic and Göran Finnveden | 2020, Edward Elgar

This crucial Handbook brings together the latest thinking on the circular economy, an area that has increasingly caught global attention. Contributors explore a broad range of themes such as recycling systems and new business models, as well as consolidating the many ways in which the topic has been dealt with in research, business and policy-making. The Handbook of the Circular Economy is not only relevant, but also essential for students, academics, and policy-makers trying to make sense of the plethora of ways in which the term has been applied and interpreted.

Please find a link to the book here.

Keynes on Uncertainty and Tragic Happiness: Complexity and Expectations

by Anna M. Carabelli | 2021, Palgrave Studies in the History of Economic Thought

This book examines the philosophy and methodology of Keynes, highlighting its novelty and how it presented a new form of economic reasoning. Exploring Keynes’s use of non-demonstrative logic, based on probability, commonalities are found in his economics, ethics, aesthetics, and international relations. Insights are provided into his reasoning and his approach to uncertainty, rationality, measurability of complex magnitudes, moral and rational dilemmas, and irreducible conflicts.

This book investigates methodological continuity within Keynes’s work, in particular in relation to uncertainty, complexity, incommensurability, happiness and openness. It will be relevant to students and researchers interested in Keynes, probability, ambiguity, ethics and the history of economic thought.

Please find a link to the book here.

Law, Economics, and Conflict

edited by Kaushik Basu and Robert C. Hockett | 2021, Cornell University Press

In Law, Economics, and Conflict, Kaushik Basu and Robert C. Hockettbring together international experts to offer new perspectives on how to take analytic tools from the realm of academic research out into the real world to address pressing policy questions. As the essays discuss, political polarization, regional conflicts, climate change, and the dramatic technological breakthroughs of the digital age have all left the standard tools of regulation floundering in the twenty-first century. These failures have, in turn, precipitated significant questions about the fundamentals of law and economics.

The contributors address law and economics in diverse settings and situations, including: central banking and the use of capital controls, fighting corruption in China, rural credit markets in India, pawnshops in the US, the limitations of antitrust law, and the role of international monetary regimes. Collectively, the essays in Law, Economics, and Conflict rethink how the insights of law and economics can inform policies that provide individuals with the space and means to work, innovate, and prosper—while guiding states and international organization to regulate in ways that limit conflict, reduce national and global inequality, and ensure fairness.

Please find a link to the book here.

Measuring Innovation Everywhere: The Challenge of Better Policy, Learning, Evaluation and Monitoring

by Fred Gault | 2021, Edward Elgar

This book is about measuring innovation, not just in the business sector but in every sector of the economy, using, for the first time, an internationally agreed general definition of innovation. The resulting indicators can be used to inform policy development, and offer a better understanding of the impact of the innovation policy of governments, the strategy of businesses and the practice of households, in a more digital economy. Innovation is a systems phenomenon and systems provide a structure throughout the book.

This book is available online (open access) here.

Post Growth—Life After Capitalism

by Tim Jackson | 2021, Polity Press

Capitalism is broken. The relentless pursuit of more has delivered climate catastrophe, social inequality and financial instability – and left us ill-prepared for life in a global pandemic. Tim Jackson’s passionate and provocative book dares us to imagine a world beyond capitalism – a place where relationship and meaning take precedence over profits and power. Post Growth is both a manifesto for system change and an invitation to rekindle a deeper conversation about the nature of the human condition.

Please find a link to the book here.

Postcapitalist Futures: Political Economy Beyond Crisis and Hope

edited by Adam Fishwick, Nicholas Kiersey | 2021, Pluto Press

This book critically engages with the proliferation of literature on postcapitalism, which is rapidly becoming an urgent area of inquiry, both in academic scholarship and in public life. It collects the insights from scholars working across the field of Critical International Political Economy to interrogate how we might begin to envisage a political economy of postcapitalism.

The authors foreground the agency of workers and other capitalist subjects, and their desire to engage in a range of radical experiments in decommodification and democratisation both in the workplace and in their daily lives. It includes a broad range of ideas including the future of social reproduction, human capital circulation, political Islam, the political economy of exclusion and eco-communities. Rather than focusing on the ending of capitalism as an implosion of the value-money form, this book focuses on the dream of equal participation in the determination of people's shared collective destiny.

Please find a link to the book here.

Productivity and the Pandemic: Challenges and Insights from Covid-19

edited by Philip McCann and Tim Vorley | 2021, Edward Elgar

This forward-thinking book examines the potential impacts of the Covid-19 pandemic on productivity. Productivity and the Pandemic features 21 chapters authored by 46 experts, examining different aspects of how the pandemic is likely to impact on the economy, society and governance in the medium- and long-term. Drawing on a range of empirical evidence, analytical arguments and new conceptual insights, the book challenges our thinking on many dimensions. With a keen focus on place, firms, production factors and institutions, the chapters highlight how the pre-existing challenges to productivity have been variously exacerbated and mitigated by the pandemic and points out ways forward for appropriate policy thinking in response to the crisis.

Please find a link to the book here.

Transgender Marxism

Edited by Jules Joanne Gleeson, Elle O'Rourke | 2021, Pluto Press

The first collection of its kind, Transgender Marxism is a provocative and groundbreaking union of transgender studies and Marxist theory. Exploring trans lives and movements, the authors delve into the experience of surviving as transgender considering the totality of gendered experience under capitalism. They explore the pressures, oppression and state persecution faced by trans people living in capitalist societies, how they survive the damage done through their tenuous position in the workplace and the home, and give a powerful response to right-wing scaremongering against 'gender ideology'.

Reflecting on the relations between gender and labour, they show how antagonisms faced by gender non-conforming people are structured within society. Looking at the history of transgender movements, historical materialist interventions into developmental theory, psychoanalytic speculation and workplace ethnography, the authors ultimately conclude that for trans liberation, capitalism must be abolished.

Please find a link to the book here.

Was the Good Samaritan a Bad Economist?

Charles K. Wilber | 2021, Lexington Book

In Was the Good Samaritan a Bad Economist? Charles K. Wilber argues that the American economy has not only failed to overcome poverty, it has generated extreme inequality that in turn restricts social mobility and further marginalizes the poor. Wilber argues that economic theory is permeated with ethical values and any economics must be so; that human behavior is more complex than the economists’ simple self-interest model; that people are also driven by deeply embedded moral values; that markets require intervention to create equity; and that Catholic social thought provides the perspective and values to develop a more relevant social economics. The author takes that modified economics and uses it to analyze specific social problems: labor markets, poverty, inequality, financial crisis, and development. Wilber next focuses on the important role of families, labor unions, parishes, and small Christian communities, such as the Catholic Worker movement, as mediating institutions in the economy. He concludes with a final look at the questions, "Was the Good Samaritan a Bad Economist?".

Please find a link to the book here.

Heterodox Graduate Programs, Scholarships and Grants

ISRF innovative research grants

The Independant Social Research Foundation (ISRF) seeks to fund innovative research which breaks with existing explanatory frameworks so as to address afresh empirical problems with no currently adequate theory or investigative methodology.

Innovation may also come from controversial theoretical approaches motivated by critical challenge of incumbent theories. Interdisciplinarity in the generation of new investigative initiatives may be achieved by combining and transforming empirical methods and theoretical insights from the social sciences. Projects ranging across the breadth of the social scientific disciplines and interdisciplinary research fields are welcome, and relevant applications from scholars working within the humanities and the natural sciences are also encouraged."

Please follow the links below to find out more about the different types of finance:

PhD Scholarship Work & Employment Studies at University of Limerick

The Kemmy Business School at University of Limerick invite applications for a full-time 4-year PhD scholarship commencing Sep/Oct 2021 in work and employment studies, to be supervised by Professor Tony Dundon. Areas of interest may include but not limited to:

Applications are invited from candidates with Degrees / Master’s degrees that have a knowledge base in industrial relations, labour process, sociology of work, labour law, heterodox economics, critical management, human resources, social psychology, and/or employment regulation.

Funding information: The studentship is for 4 year and will cover EU level fees and a stipend of €18,500 per annum. Scholarship holders are expected to undertake a limited amount of formative academic duties in addition to pursuing their doctoral studies. Informal inquires may be made to Professor Tony Dundon (tony.dundon@ul.ie)

Application Deadline: 30 July 2021