Heterodox Economics Newsletter

Issue 301 September 11, 2022 web pdf Heterodox Economics Directory

This is the 301st issue of the Heterodox Economics Newsletter. It was a long journey from the early years – the Newsletter was founded as a formal service in September 2004 by the late Frederic S. Lee – to today and I will make use of this occasion to contemplate a little on the Newsletter’s history.

Actually, browsing back to early issues is fun. For instance, the first issue featured a Call for Papers on ”Radical Economics and the Labor Movement“, an invitation to a somewhat prescient public talk by Paul Davidson titled ”Coping with threatening financial crises and international debt defaults“, a note on a book by Kevin Gallagher on ”Free Trade and the Environment“ and a full section(!) on ”Papers in Progress“. While the latter feature indicates some change (as the Newsletter does not cover working papers regularly anymore), the topics and questions addressed show greater continuity, probably because they all remain unsolved on a practical/political level today ;-)

Fun aside, it seems worth mentioning that a lot of people have contributed to the Newsletter over the past decades. While Fred Lee, who is greatly missed for his passion and wisdom, played a crucial role in creating the Newsletter, editorship after a few years passed to Tae-Hee Jo and Ted Schmidt, who did a tremendous job in expanding the reach of the Newsletter in terms of coverage and subscribers before I took over. Many thanks do not only go to past editors but to all the students, assistants and sometimes simply friends, who helped keep this service and the underlying spirit alive and well over the years. In this context, praise goes to Florian Springholz, Timo Kapelari, Niklas Klann, Johanna Rath, Daniela Cialfi, Erik Dean, Alexander Cruz and Alam Galicia-Robles for their always reliable and passionate work on this small scientific community service.

Needless to add that the Newsletter has also seen support from various academic institutions (like SUNY Buffalo State, University of Duisburg-Essen or Johannes Kepler University Linz) as well as those individuals that provide crucial inputs that inform us of errors spotted in our announcements or that donate to us to support our efforts.

My final thanks go to all those fine people who work hard to bring heterodox economics into the 21st century, to update it to new challenges, and to apply it sensibly to solve current societal problems. And, incidentally, this issue bears testimony to these efforts by featuring a truck-load of recent journal issues and books. Especially, this issue's section on recent books is exemplary for what I mean here. It contains many contributions asking for critical junctures in the development of currently established systems of economic provisioning focusing on a variety of perspectives, including the reform of capitalism, the possibility of deliberate as well as catastrophic shifts to alternative provisioning systems, and the rise and decline of social divisions across the classical categories of race, class and gender.

Many thanks and all the best,

Jakob

© public domain

Table of contents

Call for Papers

Forum for Social Economics: Special Issue on Development: Conceptual Issues, Processes and Determinants (Online, June 2023)

Analyses of the process of development – the understanding of its nature and its determinants - constituted a central issue within economics after WWII, with key scholars such as Arthur Lewis, Gunnar Myrdal, Albert Hirschman, among many others. From the end of the 20th century onwards, however, the discipline of economics witnessed a gradual disappearance or at least a certain ‘dilution’ of analyses of development. Among several possible factors, the concept of development itself fragmented over time, notably because the very object of previous analyses, i. e. the regions viewed as ‘developing’ (in the aftermath of the Cold War ‘Third World’) dissolved into multiple categories – ‘transition economies’, ‘emerging economies’, ‘Global South’, among several qualifications.

The concept of development itself also became uncertain as a plurality of approaches claimed their superior relevance regarding the analysis of phenomena related to ‘development’. Mainstream economics thus merged analyses of development processes within different sub-fields of economics, in particular growth economics, microeconomics or experimental economics. ‘Development microeconomics’ - usually based on surveys or the building of databases (more rarely on genuine fieldwork) – as well as studies based on randomised controlled trials (RCTs) have thus become preeminent in mainstream publications centred on development from the early-21st century onwards, in the context of an ‘applied turn’ explicitly valued by mainstream economics. The ‘big picture’ of development, the debates on its nature and determinants, thus slowly vanished and became replaced by a multiplicity of publications on micro-empirical studies (e.g., irrigation systems in the region of X, intrahousehold food distribution in the village of Y, etc), critical reflections on concepts and non-empirical studies being openly rejected by the main academic journals focused on development.

This marginalisation of conceptual questions and critical reflections has also been compounded by the minimisation of macroeconomics in the analyses of development and the increasing dominance of development microeconomics. Equally, analyses of development have been achieved by disciplines other than economics, as shown, for example, by the dynamics of a field such as ‘development studies’. The latter, however, has been weakened by unclear disciplinary boundaries, as it gathers questionings and perspectives stemming from economics, political science, anthropology, among others, while mainstream economic analyses of development tend to play down development studies as ‘social sciences’ that use qualitative methods and hence do not meet the ‘scientific’ requirements of ‘serious’ (quantitative, mathematised) economics.

On the other hand, the influence of heterodox economic approaches regarding development has remained limited, in particular because, for historical reasons, heterodox economics is characterised by the heterogeneity of the various currents that constitute it (post-Keynesian, institutional, evolutionary, complexity economics, among others) and because, though key thinkers of heterodox economics had strong interests in development (e.g., Joan Robinson, Nicholas Kaldor, Michal Kalecki, Hans Singer, Raul Prebisch), analyses of development also progressively disappeared from the core agenda of heterodox debates during the second half of the 20th century – the concept being rather ‘laterally’ addressed via, for example, analyses of innovation, industrialisation, technology or industrial policies.

In this epistemic context, this Call for Papers aims at gathering articles that reflect on the nature and process of economic development. These articles will show that heterodox perspectives include dynamic research and questionings, and that the exploration of original topics, methods and different disciplinary fields, rather than an ‘economic imperialism’, can induce innovative and relevant approaches both in terms of scientific rigour and policy implications.

Research that follows from the above considerations is welcome, for example regarding: the validity of the concept of development itself or that of ‘developing economies’; the renewal of heterodox macroeconomic approaches of developing countries and reflections on the role the state and public policies; the possibility of critical microeconomic approaches; the contribution of other disciplines or fields of research to a better assessment of the concept or processes of development (such as research on networks, complexity, geography, political economy, economic sociology, among others). Articles on other topics or approaches are of course also welcome provided they are related to the theme.

Papers may be either conceptual or empirical, though such a distinction may in fine be invalid as deep and significant empirical studies always include theoretical dimensions. Equally, articles may focus on a specific issue within the broad field of development. Papers highlighting the policy implications of their analyses are also welcome. Articles may focus on all regions of the world that in the ordinary language remain coined as ‘developing’ - Africa, Eastern Europe, Asia and the Pacific, or Latin America.

Short summary: This Call for Papers aims at gathering articles that reflect on the concept, nature and process of economic development.

If you are interested in submitting an abstract or have any questions, please email the Special Issue editor. As a first step of the submission process, please email paper title and abstract to the editor. Alice Nicole Sindzingre.

All papers will be subject to double-blind peer review. All papers must be submitted online through the journal website.

Select "special issue title” when submitting your paper to ScholarOne
Papers must be no longer than 7500 words (excluding footnotes, bibliography and tables). They must meet the ‘Aims and Scope’ of the Journal

For author guidelines and the submission process, see here.

Important dates
Title and abstracts proposals deadline: 1 November 2022
Selection of papers: 1 January 2022
Submission deadline for selected papers: 1 June 2023

Application Deadline: 1 November 2022

Competition and Change: Special Issue on "Rethinking Economic Planning" (Online, December 2022)

Guest Editors: Christoph Sorg (Institute of Social Sciences, Ruhr-University Bochum/Humboldt University Berlin) & Jan Groos (Institute of Social Sciences, Center of Sociological Theory, Kiel University).

The long decade between the North Atlantic Financial Crisis, increasing awareness of approaching climate disaster and the Covid-19 pandemic has impressively illustrated the multiple contradictions of capitalist market societies in the age of late neoliberalism. Financial markets caused the Great Recession, but the underlying roots of financialization have not been tackled, as illustrated by quantitative easing and the growing shadow banking sector. Policies responding to the threat of mass extinction clash with the profit interests of powerful energy corporations and although massive public funds were necessary to finally precipitate vaccines against Covid-19, patents have prevented efficient large-scale production and distribution of vaccines.

It is thus not surprising that new academic and political debates have started to discuss economic and social alternatives to financialization, neoliberalism, and capitalism more general (Hahnel and Wright 2016; Arruzza, Bhattacharya and Fraser 2019; Fraser 2020; Adamczak 2021; Dörre 2021). These range from propositions for post-growth economies (Kallis 2018; Treu and Schmelzer and Burkhart 2020) and commoning as a principle of economic relations (Federici and Linebaugh 2018; Project Society After Money 2019), to varieties of Green New Deal proposals (Klein 2019; Riexinger, Becker, Dahme and Kaindl 2021; Ajl 2021) and techno-futuristic visions of a fully automated, post-work and post-scarcity postcapitalism (Rifkin 2014; Srnicek and Williams 2015; Mason 2015; Srnicek and Hester 2018; Bastani 2019).

Most recently, this turn towards broader discussions of alternative futures has frequently been complemented by a new controversial topic: economic planning as an alternative to market-based allocation (Morozov 2019; Fuchs 2020; Jones 2020; Hahnel 2021; Groos 2021; Sorg 2022). While many still associate planning with Gosplan authoritarianism, a variety of academic and political authors have recently reminded us that planning actually features prominently in capitalism (Jameson 2009, 420ff.; Bratton 2016, 327ff; Jones 2020). Multinational corporations such as Walmart or Amazon coordinate transnational supply chains across the globe without internal price mechanisms. Even if this type of planning is conducted in a top-down fashion and for profit instead of social and ecological need, the fact that it coordinates the inner logistics of companies of the size of small national states without internal use of price signals seems to indicate that varieties of social coordination beyond market mechanisms exist (Phillips and Rozworski 2019). In addition to this, central banks steer macroeconomic processes and massive index funds socialize the assets of supposedly competing companies (Mason 2016; Phillips and Rozworski 2019). These accounts overlap with other recent research that stresses the constitutive role of state planning in market economies (Mazzucato 2013, Alami and Dixon 2019). This research reminds us that governments do not only respond to a small number of market imperfections, but indeed constitute and shape them via the vast arsenal of public activities.

A related body of literature points to the advent of digitalization, increasing computing power, artificial intelligence and big data as technological harbingers of 21st century economic planning (Cockshott and Cottrell 1993; Dyer-Witheford 1999; 2013; Saros 2014; Bratton 2016; Morozov 2019). With the rise of the gig economy and its cheap and flexible labor force, platform companies have actually decreased their investment in expensive automation and instead turned towards intangible capital such as algorithmic management software (Crouzet and Eberle, 2019; cited after Schaupp, 2021). The recent pandemic has even further increased the role of communication and collaboration technologies such as Zoom and Slack, but also of delivery platforms such as Amazon or Deliveroo (Schaupp, 2021). In light of these processes of concentration it is thus not so much a largely unsubstantiated fear of robots replacing human labor that should occupy our critical capacities, but the continuous expansion of cybernetic technologies of coordination as media of regulation and control in cybernetic capitalism (Jochum and Schaupp, 2019).

A series of authors have started to discuss the possibilities of such cybernetic “feedback technologies” (Morozov, 2019) to form a basis for new forms of democratic economic planning in the 21st century (e.g. Saros, 2014; Phillips and Rozworksi, 2019; Groos, 2021). One of the underlying assumptions is that big data, predictive analytics and digital communication technologies might allow for new forms of non-market based coordination thus reopening the socialist calculation debate in the age of digitalization. These debates are by no means limited to journals in science and technology or computer studies, with Alibaba founder Jack Ma assuming that with big data “we may be able to find the invisible hand of the market” (Durand and Keucheyan, 2019) and newspapers from Financial Times (Thornhill, 2017) to Washington Post (Xiang, 2018) responding to the idea.

This call for papers invites authors to critically engage with these new varieties of visions for economic planning. The range of topics includes, but is not limited to the following themes:

We would like to invite the submission of full papers (10000 words max) by December 31, 2022. Papers will be peer-reviewed with the aim of the special issue being published in late 2023 or early 2024. Full submission guidelines can be found here. Any general inquiries about the SI can be sent to the guest editors at: Christoph Sorg (Institute of Social Sciences, Ruhr-University Bochum/Humboldt University Berlin), Jan Groos(Institute of Social Sciences, Center of Sociological Theory, Kiel University). You can visit original call here.

Submission Deadline: 31 December 2022

Forum for Social Economics: Special Issue on "Development: Conceptual Issues, Processes and Determinants" (Online, November 2022)

Guest editor: Alice Nicole Sindzingre (CEPN, Paris-North Economics Centre, University Paris-North) and 'Africas in the World' Research Centre (LAM), SciencesPo Bordeaux

Analyses of the process of development – the understanding of its nature and its determinants - constituted a central issue within economics after WWII, with key scholars such as Arthur Lewis, Gunnar Myrdal, Albert Hirschman, among many others. From the end of the 20th century onwards, however, the discipline of economics witnessed a gradual disappearance or at least a certain ‘dilution’ of analyses of development. Among several possible factors, the concept of development itself fragmented over time, notably because the very object of previous analyses, i. e. the regions viewed as ‘developing’ (in the aftermath of the Cold War ‘Third World’) dissolved into multiple categories – ‘transition economies’, ‘emerging economies’, ‘Global South’, among several qualifications. The concept of development itself also became uncertain as a plurality of approaches claimed their superior relevance regarding the analysis of phenomena related to ‘development’. Mainstream economics thus merged analyses of development processes within different sub-fields of economics, in particular growth economics, microeconomics or experimental economics. ‘Development microeconomics’ - usually based on surveys or the building of databases (more rarely on genuine fieldwork) – as well as studies based on randomised controlled trials (RCTs) have thus become preeminent in mainstream publications centred on development from the early-21st century onwards, in the context of an ‘applied turn’ explicitly valued by mainstream economics. The ‘big picture’ of development, the debates on its nature and determinants, thus slowly vanished and became replaced by a multiplicity of publications on micro-empirical studies (e.g., irrigation systems in the region of X, intrahousehold food distribution in the village of Y, etc), critical reflections on concepts and non-empirical studies being openly rejected by the main academic journals focused on development. This marginalisation of conceptual questions and critical reflections has also been compounded by the minimisation of macroeconomics in the analyses of development and the increasing dominance of development microeconomics. Equally, analyses of development have been achieved by disciplines other than economics, as shown, for example, by the dynamics of a field such as ‘development studies’. The latter, however, has been weakened by unclear disciplinary boundaries, as it gathers questionings and perspectives stemming from economics, political science, anthropology, among others, while mainstream economic analyses of development tend to play down development studies as ‘social sciences’ that use qualitative methods and hence do not meet the ‘scientific’ requirements of ‘serious’ (quantitative, mathematised)
economics.

On the other hand, the influence of heterodox economic approaches regarding development has remained limited, in particular because, for historical reasons, heterodox economics is characterised by the heterogeneity of the various currents that constitute it (post-Keynesian, institutional, evolutionary, complexity economics, among others) and because, though key thinkers of heterodox economics had strong interests in development (e.g., Joan Robinson, Nicholas Kaldor, Michal Kalecki, Hans Singer, Raul Prebisch), analyses of development also progressively disappeared from the core agenda of heterodox debates during the second half of the 20th century – the concept being rather ‘laterally’ addressed via, for example, analyses of innovation, industrialisation, technology or industrial policies.

In this epistemic context, this Call for Papers aims at gathering articles that reflect on the nature and process of economic development. These articles will show that heterodox perspectives include dynamic research and questionings, and that the exploration of original topics, methods and different disciplinary fields, rather than an ‘economic imperialism’, can induce innovative and relevant approaches both in terms of scientific rigour and policy implications. Research that follows from the above considerations is welcome, for example regarding: the validity of the concept of development itself or that of ‘developing economies’; the renewal of heterodox macroeconomic approaches of developing countries and reflections on the role the state and public policies; the possibility of critical microeconomic approaches; the contribution of other disciplines or fields of research to a better assessment of the concept or processes of development (such as research on networks, complexity, geography, political economy, economic sociology, among others). Articles on other topics or approaches are of course also welcome provided they are related to the theme. Papers may be either conceptual or empirical, though such a distinction may in fine be invalid as deep and significant empirical studies always include theoretical dimensions. Equally, articles may focus on a specific issue within the broad field of development. Papers highlighting the policy implications of their analyses are also welcome. Articles may focus on all regions of the world that in the ordinary language remain coined as ‘developing’ - Africa, Eastern Europe, Asia and the Pacific, or Latin America.

Keywords: Economic development; heterodox approaches; epistemology of economics

Short summary: This Call for Papers aims at gathering articles that reflect on the concept, nature and process of economic development.

If you are interested in submitting an abstract or have any questions, please email the Special Issue editor. As a first step of the submission process, please email paper title and abstract to the editor: Alice Nicole Sindzingre

All papers will be subject to double-blind peer review. All papers must be submitted online through the journal website. Select "special issue title” when submitting your paper to ScholarOne Papers must be no longer than 7500 words (excluding footnotes, bibliography and tables). They must meet the ‘Aims and Scope’ of the Journal, which are available here. For author guidelines and the submission process, please visit the official website.

Submission Deadline: 1 November 2022

New School Economic Review: Special Issue In Honor of Duncan Foley and Anwar Shaikh (Online, November 2022)

The New School Economic Review is pleased to issue a call for papers for an upcoming special issue in honor of Duncan Foley and Anwar Shaikh.

We are seeking papers that highlight and/or build on Foley and Shaikh’s distinctive and valuable contributions to economic thought, and the tradition of political economy at the New School more broadly. Both original research contributions and review essays will be considered.

See submission guidelines on the NSER website.

About NSER: NSER is a student-run, open-access, peer-reviewed journal operating out of the economics department of the New School for Social Research. We publish in a wide variety of fields, though in keeping with the legacy of The New School, we encourage submissions in political economy and heterodox economics.

Reach out to NSER@nsereview.org if you have any questions.

Submission Deadline: 23 November 2022

SASE 2023: Socio-Economics in a Transitioning World – Breaking Lines and Alternative Paradigms for a New World Order: Call for Mini-Conferences (Brazil, July 2023)

20-23 July 2023 | Rio de Janeiro, Brazil

Thematic mini-conferences are a key element of SASE's annual conferences. We are currently accepting submissions for mini-conferences for the 2023 annual SASE conference, to take place at the Federal University of Rio de Janeiro (UFRJ), 20-22 July 2023. Preference will be given to proposals linked to the overarching conference theme, "Socio-Economics in a Transitioning World: Breaking Lines and Alternative Paradigms for a New World Order" (full conference theme text can be found here). Special consideration will also be given to proposals that cover areas currently underrepresented in SASE, notably race and ethnicity, migration, economic history, and heterodox economics – as well as submissions that provide a global perspective.

Mini-conference applications are reviewed by the program committee, which changes each year and is appointed by the current SASE president.

Before submitting a proposal, please consult the list of extant SASE networks. Proposals that would otherwise fit within a network will be expected to include an explanation as to why the topic should be discussed in a mini-conference format. You may also consult programs from past conferences (https://sase.org/events/past-meetings-archive/) to view mini-conference themes from previous years. SASE is committed to diverse membership and lively intellectual debates, and encourages proposals that are offered by a diverse group of organizers and/or are likely to bring a diverse group of participants.

Proposals for mini-conferences must be submitted electronically to the SASE Executive Director (saseexecutive@sase.org) by 10 october 2022. To apply, please fill out the form available here. Please be sure to indicate if the mini-conference was organized in the past, with details on attendance and how the current application may or may not differ from the past. Do note, however, that past mini-conference organization does not guarantee future organization - the mini-conferences are not intended to be permanent structures, they rather vary in content and focus from year to year, depending notably on the conference theme of that year.

Mini-conference are featured as a separate stream in the program. If accepted, your mini-conference will be included in the general SASE call for papers (deadline in January), and you will receive applications through our conference submission system. Applicants to mini-conferences must submit an extended abstract for review.

You will review applications and create the panel sessions for your mini-conference, which may also include participants and panels you have invited in advance. If a paper proposal cannot be accommodated within your mini-conference, we will assist you in forwarding it to the most appropriate research network for consideration. As a mini-conference organizer, you will be expected to assign a discussant for each session that you organize.

Dates to bear in mind:

Proposals should be submitted to SASE's Executive Director, Annelies Fryberger: saseexecutive@sase.org. Include this form and a description of the theme of your mini-conference. You will receive confirmation of receipt. Please note that you may only organize one mini-conference per year - if a given individual applies as organizer of multiple mini-conferences and more than one is accepted, that person will have to choose which mini-conference they will actually organize. Please also feel free to reach out with questions about the application procedure.

Submission Deadline: 10 October 2022.

The Japanese Society for the History of Economic Thought (87th) Conference (Japan, May 2023)

The Japanese Society for the History of Economic Thought (JSHET) will hold the 2023 (87th) Conference on HYBRID base.

Deadline for the call for papers: November 2nd, (Wed.), 13:00JST, 2022. Please submit your proposal with an abstract of about 600 words in English from the APPLICATION FORM.

The result of your submission will be notified by email from the Conference Organizing Committee in January 2023. The Conference Program will be announced in February 2023.

Deadline for sending the OUTLINE of your presentation (up to 2,000 words in English): March 3rd (Fri.), 13:00JST, 2023.
Deadline for sending your Full Paper and/or Power Point presentation: May 6th (Sat.), 13:00JST, 2023.
Please note that if you do not meet the deadlines, your presentation will be CANCELED.

COVID-19: According to the Covid-19 situations in Japan, this Conference may be forced to be a fully ONLINE event. Ministry of Foreign Affairs in Japan is still restricting the border against short visitors. Although we are expecting the easing, visiting Japan will entail you some troubles and financial risks on your side only. So, if you feel unrest in visiting Japan, we recommend you to join us ONLINE.

Registration fee and details: The fee is totally free. We are preparing virtual meeting rooms by "Gather.Town" to communicate with each other after the Conference. Please join us.

Conference Organizing Committee
Taku ERIGUCHI (Seinan Gakuin University)

Application Deadline: 2 November 2022.

Call for Participants

Contested Concepts of Property in Past & Present (Jena, October 2022)

4-5 October 2022 | Jena, Germany

We cordially invite you to the international conference "Contested Concepts of Property in Past & Present" of the Collaborative Research Center "Structural Change of Property" at the Universities of Jena and Erfurt. The conference will take place on October 4 and 5, 2022 in Jena.

We are happy to announce Dipesh Chakrabarty (University of Chicago), Jennifer Morgan (New York University) and Stephan Lessenich (Goethe University Frankfurt) as keynote speakers. In eight panels and a dialogue event, members of the Collaborative Research Center will discuss issues of appropriation, dispossession, restitution, and propertization with a number of excellent researchers in the fields of sociology, history, law, political science and philosophy. Participants include: Brenna Bhandar, Kerstin Brückweh, Robin Celikates, Stefan Gosepath, Allan Greer, Thomas Gutman, Rahel Jaeggi, Regina Kreide, Marie-Pierre Lefeuvre, Andreas Malm, Christoph Menke, Nicholas Mulder, Katharina Pistor, Aaron Saab, Sophie Schönberger and Philipp Staab.

The conference will be accompanied by a specially curated cultural program on philosophical questions about property with artwork by painter Lisa Endriß.

A public evening event on "Making Things Public: Socialization, Communalization, Public Infrastructures" will conclude the annual conference. For this, they have confirmed their participation: Reinhard Guthke (Verein Bürgerenergie Thüringen, Systems Biology and Bioinformatics, Jena), Joanna Kusiak (DW&Co Expropriation/King's College, Cambridge), Cara Röhner (RheinMain University of Applied Sciences in Wiesbaden), Florian Schmidt (District Councillor in Friedrichshain-Kreuzberg/Berlin, Department of Building, Planning, Cooperative Urban Development), Barbara Schönig (Professor of Urban Planning, Bauhaus University Weimar and State Secretary in the Thuringian Ministry of Infrastructure and Agriculture), and Raul Zelik (social scientist and writer, Berlin).

The current version of the program can be found on our website: https://sfb294-eigentum.de/en/events/sfb-jahrestagung/

Registrations for the conference are now possible at email.

With kind regards, on behalf of the speakers Hartmut Rosa, Silke van Dyk and Tilman Reitz, Jacob Blumenfeld (Institut für Philosophie | Carl von Ossietzky Universität Oldenburg)

3rd JHET Online Writing Workshop (Online, September 2022)

After two very successful rounds of a series of workshops in the last two years, we are now running the third edition of the JHET Online Writing Workshops and we come to invite you all to participate of its second session. The workshop is conducted by Paul Dudenhefer, who has been for many years the managing editor of History of Political Economy (HOPE) and has a vast experience with helping economics students improve their academic writing.

Although difficulties with writing is not exclusive to non-native English speakers, the fact that the history of economics is a very international community makes language barriers a significant factor behind the heterogeneous representation of the works by historians written in English.

In order to help both non-native and native English speakers improve their writing and presentation skills, JHET is offering these workshops free of charge to anyone interested. We will give priority to early-career scholars (graduate students or those who graduated in the last 5 years) but aim to have a diverse group of participants. The meeting takes place through Zoom.

The second meeting will take place on Sept. 14 (Wednesday), 2022, from 10AM to noon EDT time (UTC-4; New York time), and its topic is described below. If you are interested, please fill in the online form.

The deadline for applying is Sept. 11, 2022 (Sunday), and participation is subject to availability.

Session 2: Academic Presentations

Please circulate this to anyone who may be interested.

Pedro Duarte & Jimena Hurtado, JHET editors

Application Deadline: 11 September 2022.

HES Sessions at ASSA 2023 (New Orleans, January 2023)

6-8 January 2023 | New Orleans, Lousiana, US

The History of Economics Society (HES) is pleased to announce its sponsored sessions at the next conference of the Allied Social Science Associations (ASSA), to be held at the Hilton Riverside Hotel in New Orleans next January.

Friday January 6, 8.00am-10.00am

“100 years after the publication of "A Theory of Consumption” by Hazel Kyrk (1923)”; jointly sponsored with International Association for Feminist Economics

Chair: David Philippy (University of Lausanne, Centre Walras-Pareto)

1. Edith Kuiper (State University of New York (SUNY) at New Paltz) “Hazel Kyrk (1886-1957) and the Research on Consumption Standards”

2. David Philippy (University of Lausanne, Centre Walras-Pareto) & Rebeca Gomez Betancourt (University of Lyon) “Hazel Kyrk’s intellectual roots: When first-generation home economists met the institutionalist framework”

3. Miriam Bankovsky (La Trobe University) “What should families want? From Hazel Kyrk to Margaret Reid and beyond”

Discussants: Nancy Folbre (University of Massachusetts Amherst) and Shoshana Grossbard (University of San Diego)

Friday January 6, 10.15am-12.15pm

"Applied Economics in the Progressive and Interwar Eras: Mutually Contextualizing Economic History and the History of Economics"; jointly sponsored with the Economic History Association

Co-Chairs: Spencer Banzhaf (HES) and Randall Walsh (EHA)

Discussant: Karen Clay (Carnegie Melon University, NBER)

1. “If a Man Eats Not, Neither Can He Work:” How a Gilded Age Liberal Program of Sanitary and Food Reform Did Away with the Labor Theory of Value. Cléo Chassonnery-Zaïgouche (CRASSH, Cambridge University) and Harro Maas (Centre Walras-Pareto, University of Lausanne)

Discussant: Karen Clay (Carnegie Melon University, NBER)

2. Hell with a Lid Off: Households' Locational Choices in America's Most Polluted City. Spencer Banzhaf (Georgia State Univ., PERC, NBER), William Mathews (University of Pittsburgh) and Randall Walsh (University of Pittsburgh, NBER)

Discussant: Rebeca Gomez-Betancourt (Université Lumière Lyon 2)

3. Smoke from Factory Chimneys: The Applied Economics of Air Pollution in the Progressive Era. Spencer Banzhaf (Georgia State Univ., PERC, NBER) and Randall Walsh (University of Pittsburgh, NBER)

Discussant: Price Fishback (University of Arizona, NBER)

4. Municipal Socialism in the United States, 1900-1940. James Siodla (Colby College) and Tate Twinam (College of William & Mary)

Friday January 6, 12.30pm-2.15pm

Visions of economic instability

Session organizers: Michaël Assous and Mauro Boianovsky

Session chair: Michaël Assous

Paper # 1: “Minsky and Kindleberger: Fellow Travelling Theorists of National and International Financial Instability” Perry Mehrling, Boston University,

Paper # 2: On the importance of the dynamic Leontief model for the development of macroeconomics Vincent Carret, Université Lyon 2, Triangle and Duke University, Center for the History of Political Economy,

Paper # 3: On Theory and Models of Endogenous Economic Cycles: A Historical andContemporary Perspective. Marco Gross, International Monetary Fund,

Paper # 4: Samuelson’s last macroeconomic model: secular stagnation and endogenous cyclical growth. Michaël Assous, Université Lumière Lyon-2, Triangle Mauro Boianovsky, Universidade de Brasilia.

Friday January 6, 2.30pm-4.30pm

Session proposal: On Hayek: A Life

Chair & moderator:

Sandra J. Peart, E. Claiborne Robins Distinguished Professor in Leadership Studies, University of Richmond

Panelists:

Bruce Caldwell, Research Professor of Economics, Duke University

Steven N. Durlauf, Steans Professor, Harris School of Public Policy, University of Chicago; Editor, Journal of Economic Literature

Hansjoerg Klausinger, emeritus, Vienna University of Economics and Business

Vernon Smith, George L. Argyros Endowed Chair in Finance and Economics, Chapman University

Emily Skarbek, Associate Research Professor of Political Theory and Director of PPE research seminar, Brown University

Cass Sunstein, Robert Walmsley University Professor, Harvard Law School

Registration is now open for ASSA 2023. Please visit the conference page for further details and registration.

IPE Online Workshop: Frontiers in Growth Regimes Research: Theoretical Perspectives and Country Cases (Online, October 2022)

6-7 October 2022 | Online

IPE Online Workshop in cooperation with the European Journal of Economics and Economic Policies: Intervention

Programme

Thursday, 6th October 2022, 12.45 pm – 7.00 pm (CET)

12.45 pm – 1.00 pm Welcome & Introduction

1.00 pm – 2.30 pm, Chair: Ricardo Summa

Bruno Amable (University of Geneva)

“Growth regimes”, “accumulation regimes”, “modes of regulation” and “growth models”. A critical review of some notions commonly found in various contributions to political economy

Eckhard Hein (Berlin School of Economics & Law, IPE)

Varieties of growth regimes – a review of post-Keynesian perspectives

2.30pm – 3.00pm: Break

3:00 pm – 4.30 pm, Chair: Eckhard Hein

Karsten Kohler (University of Leeds), Engelbert Stockhammer, Benjamin Tippet (King’s College London)

Housing cycles and growth models

Ryan Woodgate (Berlin School of Economics & Law, IPE)

FDI-led growth in Comparative Political Economy and post-Keynesian economics

4.30pm – 5.00pm: Break

5:00 pm – 7.00 pm, Chair: Alessandro Bramucci

Ümit Akcay, Benjamin Jungmann (Berlin School of Economics & Law, IPE)

Political economy of growth regimes in Poland and Turkey

Julia Kühnast (Berlin School of Economics & Law)

Growth regimes of populist governments: A comparative study on Hungary and Poland

Ali Rıza Güngen (York University), Ümit Akcay (Berlin School of Economics & Law, IPE),

Growth regimes and strategies in Turkey and Egypt in the 21st Century

Friday, 7th October 2022, 1.00 pm – 7.00 pm (CET)

1.00 pm – 2.30 pm, Chair: Ümit Akcay

Michael Schedelik, Christian May, Andreas Nölke (Goethe University Frankfurt), Alexandre de Podestá Gomes (Jacobs University Bremen)

Dependency revisited: Capital flows, commodities, and growth models in emerging economies

Arie Krampf (Academic College of Tel Aviv Yaffo), Barak Zur (Tel Aviv University)

Measuring growth models and strategies: Tracing evolution by visualization

2.30 pm – 3.00pm: Break

3.00 pm – 4.30 pm, Chair: Ryan Woodgate

Hector Labat (Université Sorbonne Paris Nord, Federal University of Rio de Janeiro), Ricardo Summa (Federal University of Rio de Janeiro, IPE)

A supermultiplier demand-led growth accounting analysis applied to the Spanish economy (1998-2019)

Juan Manuel Campana, Joa Embova Vaz (Berlin School of Economics & Law, University of Technology of Compiegne), Eckhard Hein, Benjamin Jungmann (Berlin School of Economics & Law, IPE)

Demand and growth regimes of the BRICs countries – an autonomous demand growth perspective

4.30 pm – 5.00pm: Break

5.00 pm – 7.00 pm, Chair: Benjamin Jungmann

Alessandro Bramucci (Berlin School of Economics & Law, IPE)

In search of a growth model for Italy: The failed attempt of an export-led recovery strategy?

Juan Ianni (Berlin School of Economics & Law, University of Technology of Compiegne)

Shedding light on Argentina’s macroeconomic trap: socioeconomic and macroeconomic policy regimes

Theodore Klassen (Berlin School of Economics & Law, University of Technology of Compiegne)

Demand, growth, and the macroeconomic policy regime: Canada’s transition from export-led to debt-led private demand growth

Download Programme here.

Please register here, deadline 28 September 2022

Registered participants will receive a Zoom-link a few days in advance of the workshop.

Application Deadline: 28 September 2022

Sustainable Welfare & Eco-social Policy Network (Online, September 2022)

19 September 2022 | Online (CET).

Are you a scholar interested in eco-social policies and sustainable welfare? Join the Sustainable Welfare & Eco-social Policy Network for an online open kick-off meeting on Monday, 19th September, 2-4 pm (CET).

The meeting will provide participants with a unique opportunity for exchange, with the ultimate aim to merge existing groups (e.g. Espanet Eco-social Group, Sustainable Welfare Network) and expand into a new and stronger network. The idea is to foster a collaborative spirit among academics in this growing research area and to come up with a set of common activities and services,

We would be delighted if you could share this invitation with other researchers in your country who might be interested in getting involved with the network.

If you cannot attend the kick-off meeting but would like to stay informed, please register here.

Looking forward to seeing you at the meeting. More information with Katharina Bohnenberger and Katharina Zimmermann.

Deadline: 18 September 2022

Séminaire Le Futur de l’Economie Politique de la Monnaie / Workshop on The Future of the Political Economy of Money

6-7 October 2022 | Pacte CNRS Univ. Grenoble Alpes, France

The IN-Moco (Monterary Innovations and Confidence) research program of Pacte Social Sciences Research Center, in collaboration with MINTS (Univ. Bocconi Milano), Institut Veblen and Review of Keynesian Economics, is organizing an international event on monetary issues on October 6-7, 2022.

This multidisciplinary workshop will bring together researchers and actors in the field of money and finance for two full days of plenary sessions and round tables on the following themes:

Guest speakers: Michel Aglietta (CEPII), Mark Hunyadi (UCL), André Orléan (ENS), Daniela Prates (UNCTAD), Matias Vernengo (Bucknell University)

Please find the programme here.

To register, please contact arthur.larpent@umrpacte.fr or jean-francois.ponsot@univ-grenoble-alpes.fr

Third International Conference in Heterodox Economics: the Crucial Role of Women within the Heterodox Economics Community (Colombia, November 2022)

16-18 November 2022 | Bogotá, Colombia

The Latin American and the Gender & Economics Working Group of YSI, jointly with the Grupo de Socioeconomia, Instituciones y Desarollo (GSEID), is pleased to invite you to submit your manuscript for the Third International Conference in Heterodox Economics: the Crucial Role of Women within the Heterodox Economics Community, to be held at the National University of Colombia (UNAL) on November 16, 17 and 18, 2022.

This in-person event aims to be a space for the dissemination and interaction between young researchers, teachers, and heterodox academics from around the world and particularly from Colombia and Latin America. We encourage submission that broadly fall within the topics of the conference, such as:

Selected Young Scholars from within and outside Colombia may be eligible for partial travel stipends.

Submission Details:

When submitting individual articles, the following information should be reported:

More information here. Original call here.

Submission Deadline: 20 September 2022.

Job Postings

European Climate Foundation, Belgium

Job title: Senior Associate, Trade Programme

The Trade Programme at the European Climate Foundation is looking for a Senior Associate to support its activities to align trade policy with climate goals.The Senior Associate will help deliver on the trade program’s strategy, implemented primarily through delivery of a strategic regranting portfolio, as well as through action-oriented engagement with a wide range of policy-makers, think-tanks, civil society organisations and other stakeholders with a voice on the European Union’s trade policy. The role will suit a candidate with experience in trade policy, in particular in the European Union context, and in regranting.

Key responsibilities

The post holder will provide strategic advice to the Director of the Trade and EU Green Deal Diplomacy Programmes on trade policy aspects. She or he will ensure proper management of the trade program’s grants and monitor progress on their delivery and work with ECF’s international, country, and sectoral programs for an effective delivery of ECF’s goals on trade policy.

The Senior Associate will be responsible for:

Requirements

Experience and competencies

The following attributes are sought by applicants:

Other information

What we offer

Location

Brussels or Berlin preferred. Other ECF location to be considered depending on the candidate’s profile.

Start date: As soon as possible.

How to apply

Assessment will be a part of the recruitment procedure. All applications will be treated confidentially. We will store your information in our internal database unless you specifically request otherwise.

Diversity statement: We are committed to diversity and inclusion in our organisation. We strongly encourage candidates from disadvantaged or marginalised backgrounds to apply.

Deadline: As soon as possible.

OU Business School, UK

The OU Business School is recruiting for lectureships in management and specifically in the Department of People and Organizations. Heterodox candidates are welcome.

We are looking to appoint lecturers (AC3) in management in the Department of People and Organisations (DPO), The Open University Business School, Faculty of Business and Law at The Open University.

We are looking for candidates who will commit to the OU’s social mission of providing socially important, impactful and innovative research and teaching. We are open to a wide range of perspectives and backgrounds that can help advance the School’s commitment to pursuing cutting edge thinking on contemporary economic and social issues. Candidates should have teaching experience in Human Resource Management and, ideally, other areas of management including Organisational Behaviour and Organisation Studies.

We also strongly encourage applications from academics with experience in apprenticeships, work-based learning and organisational partnerships. A key part of this role will be finding opportunities for establishing knowledge exchange with external organisations and attracting external funding for conducting impactful research. To that end, you will have the opportunity to work closely with a wide range of academics and professional services across the Faculty, University and beyond.

Responsibilities for this role include:

Skills and experience

You must have a doctorate in a relevant discipline and be able to show a building trajectory of relevant research publications and associated research activity. Your research can be in any of the areas above or other areas which align with or complement the interests of academic staff in the Department of People and Organisations.

You must also be able to demonstrate a willingness to develop the skills and capabilities required for our unique approach to teaching at all levels. You should demonstrate an ability to engage with a wide range of people: your academic peers, your professional services colleagues, your students and their tutors, within relevant business and professional environments. You will also be able to demonstrate the organisational skills to deal with innovation and change and to manage conflicting demands and meet deadlines. To that end, there will be opportunities to take on academic leadership roles within the faculty and beyond.

Please also note that we can be flexible on the location of a successful candidate, and would consider hybrid with some travel to Milton Keynes as required as long as they live in the UK. How often academic staff are needed on campus is decided by their line manager and wider Faculty needs.

Please find further information about this role in the job description.

If you would like to discuss the particulars of this post before making an application, please email Resourcing-Hub@open.ac.uk, quoting vacancy ref 20247.

Full details here: Lecturer in Management | Employment (open.ac.uk)

Application Deadline: 27 September 2022

Universidade Federal da Integração Latino-Americana-UNILA, Brazil

Job title: Tenure professorship position.

Faculty of Economics at UNILA (Brazilian Federal University) has opened a tenure professorship position. They are looking for a scholar specialized on quantitative methods for economics. PhD in economics, maths, statistics are welcomed. Although the public notice for the selection process is in Portuguese (below), the information on salary, job assignments, and scholarly background are easily identifiable. Portuguese and Spanish are the two most used languages, followed by French and English. Besides, UNILA is a multi-ethnic University hosting students from all Latin American countries.

Application period: September 1-28th
Forecast of selection tests: November 7-11th

Please find a link to this position here.

Application Deadline: 28 September 2022.

University of Graz, Austria

Job title: University assistant with doctorate.

Field of Excellence Climate Change and Sustainable Transformation/research group "Economics of Climate and Environmental Change" – 40 hours a week, fixed-term employment for 6 years, position to be filled as of 15.11.2022

At the University of Graz, researchers and students work across a broad disciplinary spectrum to enlarge our knowledge, and find strategies to deal with challenges our society is confronted with and to shape tomorrow’s world. The University of Graz is a place which combines high quality academic research and teaching, where achievement is rewarded, careers are promoted, and social diversity is encouraged – all within a modern, award-winning working environment. Our motto: We work for tomorrow. Join us!

The Wegener Center for Climate and Global Change is looking for a

University assistant with doctorate (m/f/d) 40 hours a week, fixed-term employment for 6 years*, position to be filled as of 15.11.2022

The Field of Excellence Climate Change and Sustainable Transformation at the University of Graz offers a particularly attractive research and teaching environment with internationally leading researchers in the relevant disciplines in the schools of social and economic sciences, natural sciences, environmental sciences and humanities. The Wegener Center creates a stimulating interdisciplinary research environment with research groups from different disciplines under one roof.

Your duties

Your Profile

Our Offer

Classification: Salary scheme of the Universitäten-KV (University Collective Agreement): B1

The minimum salary as stated in the collective agreement and according to the classification scheme is EUR 4.061,50 gross/month (for full-time employment). This minimum salary may be higher due to previous employment periods eligible for inclusion and other earnings and remunerations.

We offer you a job with a lot of responsibility and variety. You can expect an enjoyable work climate, flexible work hours and numerous possibilities for further education and personal development. Take advantage of the chance to enter into a challenging work environment full of team spirit and enthusiasm for your job.

Apply now!

The University of Graz strives to increase the proportion of women in particular in management and faculty positions and therefore encourages qualified women to apply.

Especially with regard to academic staff, we welcome applications from persons with disabilities who meet the requirements of the advertised position.

Applicants with proof of COVID-19 vaccination will be given preference if equally qualified. For further information, please refer to our general application regulations.

* Please note the limitations of § 109 UG (university act), especially in the case of short contract terms. For further information, please refer to our general application regulations.

For further information or questions, please contact:

Please note that in order to comply with the applicable data protection regulations, we can only accept applications via our web-based applicant tool for this vacant position.
Please add a letter of motivation, a letter of recommendation, a publication record including DOIs, and a transcript of records via the upload fields in the application form.

Application Deadline: 12 October 2022.

University of Greenwich, UK

research fellow position on the project "the role of financial incomes in the determination of consumption and macroeconomics dynamics in ABM-SFC models"

The leading role of finance in modern financialised economies has implied, among many other aspects, increasingly more participation of households to financial markets. One the one hand, modern financial practices (i.e., securitization) have enabled (low-middle income) households to take a higher amount of loans as a ratio to their disposable income. On the other hand, this phenomenon has been mirrored by rising accumulation of financial assets by the wealthier households, often mediated by professional investors, as well as rising importance of financial incomes as a share of total households’ disposable income.

The increasing importance of finance in the determination of households’ behaviour has been put at the centre of a wide variety of empirical and theoretical analysis. A body of research focuses on the implications of the increase in household debt on household consumption. Other studies consider households as holders of financial wealth and estimate different marginal propensity to consume out of different forms of wealth, i.e., real estate, fix-income bonds and equities. Finally, Stock-Flow-Consistent (SFC) models account for financial returns as additional source of households’ income (beyond labour income) to analyse how the financial and real side of the economy interact in the determination of macroeconomic dynamics.

The present PhD project first aims at conducting an extensive econometric study of the effects of different forms of financial incomes on the determination of household consumption decisions and, aggregate consumption. This research aims at moving attention away from financial wealth to financial income as determinant of households’ consumption decisions. It will test econometrically whether different forms of financial incomes are associated with different marginal propensities to consume both with respect to one another and to labour income. This econometric analysis will focus on advanced economies, namely the USA and European countries, for which detailed micro data about households’ incomes and consumption decisions are available based on the panel data of household income and consumption surveys (e.g. the Panel Study of Income Dynamics in the USA).

The second part of the PhD project aims at incorporating the findings of the econometric analysis in an Agent-Based (AB) SFC model, where heterogenous households and multiple types of incomes are simultaneously analysed. On the one hand, this novel AB-SFC approach will capture behavioural heterogeneity at micro level (i.e., households' specific marginal propensity to consume as jointly given by the composition of households’ income itself and by households’ ranking in the economy-wide income and wealth distribution). On the other hand, it will describe aggregate macro dynamics emerging from the composition of heterogenous micro behaviours.

By relying on such novel econometrically grounded AB-SFC, this research project will eventually simulate the macroeconomic effects of changes in the composition of households’ income and of economic policy shocks, in particular quantitative easing and monetary restrictions. Its aim is to provide a more realistic description of the real-economy effects of monetary policy accounting for the relative importance of financial incomes versus labour income in the determination of individual (at household level) as well as aggregate consumption decisions.

supervisors: Dr Alberto Botta, Professor Ozlem Onaran, and Dr. Alex Guschanski

Duration

3 years, Full-Time Study or 6 years, Part-Time Study

Person Specification (essential)

Education and Training:

Experience & Skills:

Personal Attributes:

Other Requirements:

Application Process

Please read this information before making an application. Information on the application process is available here. Applications need to be made online via this link. No other form of application will be considered.

All applications must include the following information. Applications not containing these documents will not be considered.

*upload to the qualification section of the application form. Attachments must be a PDF format. Before submitting your application, you are encouraged to liaise with the Lead Supervisor on the details above.

Funding Notes

Year 1: £16,062 (FT) or pro-rata (PT) Year 2: In line with UKRI rate Year 3: In line with UKRI rate

In addition, the successful candidate will receive a contribution to tuition fees equivalent to the university’s home-rate, currently £4,596 (FT) or pro-rata (PT), for the duration of their scholarship. International applicants will need to pay the remainder tuition fee for the duration of their scholarship.
This fee is subject to an annual increase.

Please find more information on the official website.

Application Deadline: 16 September 2022

University of Sheffield, UK

Job title: Research Associate - Transitions of Young Workers in the Labour Market

The Department of Economics at the University of Sheffield is looking to appoint a full-time post-doctoral research associate for 24 months, who will work on an ESRC-funded project looking at The Transitions of Young Workers in the UK Labour Market: Consequences for Careers, Earnings, Health and Wellbeing.

The work undertaken will use longitudinal panel and cohort data to investigate the longer-term consequences of younger workers’ early labour market experiences for their subsequent careers, earnings, health and wellbeing. The research will comprise three interrelated strands: (i) an investigation of transitions between education and employment, employment and unemployment, and different types of employment, (ii) an examination of the role of the family in influencing labour market trajectories of young workers and the relationship between early labour market experiences and household dynamics, and (iii) an examination of transitions and wage progression over time. All three strands will examine whether outcomes differ according to gender, ethnicity, disability etc.

Candidates for this post should have completed, or be very close to completing, a PhD in economics, sociology, or related studies, with strong quantitative analytical skills and a research interest in labour market outcomes, family dynamics, inequality, and physical/mental health.

The ideal candidate will have experience of engaging with academic, governmental, practitioner, or not-for-profit/local community organisations. Previous experience of working as part of a research team is also desirable.

The successful applicant will actively co-design the specific research tasks in collaboration with the rest of the team and will participate in all project meetings and events (e.g. workshops). They will be required to conduct some research tasks independently, identifying related literature and writing up research work for publication. They will collaborate with the research team in disseminating research findings through the production of academic papers and briefs for policymakers and other stakeholders, presenting the findings at academic conferences and policy seminars.

As an equal opportunities employer, we particularly welcome applications from women and from Black, Asian, Minority, Ethnic (BAME) backgrounds as they are currently under-represented in this area. All appointments will be made on merit of skill and experience relative to the role.

For informal enquiries about this job, contact the academic leads of the project: Professor Peter Wright (p.wright@sheffield.ac.uk), Dr. Bert Van Landeghem (b.vanlandeghem@sheffield.ac.uk), or Dr. Mark Tomlinson (mark.tomlinson@sheffield.ac.uk).

For administration queries and details on the application process, contact the lead recruiter: Bev Rawson at bev.rawson@sheffield.ac.uk, or visit the posting site.

Awards

2022 Elinor Ostrom Prize: Winner Announcement

The winners of the 2022 Elinor Ostrom Prize ­– for the best article published in Journal of Institutional Economics published in 2021 are:

Peter Grajzl & Peter Murrell “A Machine-Learning History of English Caselaw and Legal Ideas Prior to the Industrial Revolution I: Generating and Interpreting the Estimates", JOIE 17(1): 1-19 and “A Machine-Learning History of English Caselaw and Legal Ideas Prior to the Industrial Revolution II: Applications", JOIE 17(2): 201-216.

More information on the website.

AEA Award and Grant Opportunities – Act Now

The AEA remains committed to listening to the members of our profession and improving the professional climate in economics. In addition to the awards and other opportunities launched in 2020 to increase diversity and inclusion, two new awards have been established to recognize economists who have contributed to the profession through education and service. Now is the time to consider applying or nominating someone for these opportunities and other prestigious honors described below.

AEA Distinguished Service Award. This award has been established to recognize the volunteer efforts of individuals who have served the profession. The service contribution should impact the field of economics in a significant and positive way on a national scale. While this award is conferred by the AEA, it is not expected that service be limited to AEA-supported activities. The award will be presented at the AEA Awards Ceremony at the ASSA meetings in January. For more details and information on how to nominate an individual, visit https://www.aeaweb.org/about-aea/honors-awards/distinguished-service-award.

AEA Distinguished Economic Education Award. The AEA Committee on Economic Education (AEACEE) and the Task Force on Outreach to High School and Undergraduate Students in Economics are pleased to introduce the inaugural Distinguished Economic Education Award to acknowledge excellence in economic education at a national level. Nominations must be able to document at least 15 years of sustained and impactful contribution to several areas of economic education, including teaching, the development of curriculum and pedagogy, scholarship of teaching and learning (SoTL) of economics, mentoring of students and young faculty, and service at the institutional, regional, and state levels. The award will be conferred annually at the AEACEE’s Friends of Economic Education Reception at the ASSA meetings. Visit https://www.aeaweb.org/about-aea/honors-awards/distinguished-economic-education-award for more information and a link to the nomination submission portal.

Diversity and Inclusion Initiatives. This is the third year for continuing diversity and inclusion initiatives launched by the AEA in conjunction with its Committee on the Status of Minority Groups in the Economics Profession (CSMGEP) in 2020. A summary of the awards and opportunities is below. Further details can be found at the web page for each initiative.

Award for Outstanding Research Paper in LGBTQ+ Economics. The Committee on the Status of LGBTQ+ Individuals in the Economics Profession (CSQIEP) is accepting nominations for its annual Outstanding Research Paper in LGBTQ+ Economics Award for papers published in 2021 or 2022. The award recipient(s) will be announced at the 2023 ASSA meetings. Nominations are due November 1, 2022 and self-nominations are welcome. For more information and guidelines, visit website.

The Committee on the Status of Women in the Economics Profession (CSWEP) is currently accepting nominations for two awards.

Application Deadline: 1 October 2022.

Call for Nominations: Joseph J. Spengler Best Book Prize

The History of Economics Society welcomes nominations for the 2023 Joseph J. Spengler Prize for the best book in the history of economics.

Books and scholarly monographs in the history of economics published in calendar years 2020 through 2022 are eligible. We especially encourage nominations from HES members and self-nominations by authors. Details about the prize and nomination process can be found at https://historyofeconomics.org/awards-and-honors/spengler-book-prize/

The deadline for nominations is 31 December 2022. All received nominations will be appraised by the selection committee of Till Düppe (chair), Laurie Bréban and Alexandra Hyard.

Call for Submissions: GAIA Masters Student Paper Award 2023

The international journal GAIA – Ecological Perspectives for Science and Society invites Masters students to participate in the 2023 GAIA Masters Student Paper Award >>.
Masters students are encouraged to submit their results from research-based courses / Masters theses in transdisciplinary environmental and sustainability science.

The winner will be granted a prize money of EUR 1,500 endowed by the Selbach Environmental Foundation >> and the Dialogik gGmbH >> as well as a free one-year subscription to GAIA >>, including free online access.

GAIA – Ecological Perspectives for Science and Society is an inter- and transdisciplinary journal for scientists and other interested parties concerned with the causes and analyses of environmental and sustainability problems and their solutions.

Further information on the Masters Student Paper Award 2023 >>. Please click here for a print version of the call for contributions >>.

Deadline for submission: 28 November 2022.

Journals

Brazilian Journal of Political Economy 42 (3)

John B. Davis: Managing Contagion: COVID-19, public health, and reflexive behavior

Marcos Tostes Lamonica, Sergiany da Silva Lima: Productivity, investment and capital flow: the failure of growth with foreign savings in Brazil

Renato Baumann: Globalization, deglobalization and Brazil

Fernando García-Quero, Fernando López Castellano: From the mainstream economics research frontier towards critical institutional political economy

Vinicius Peçanha: The evolution of thinking about the State in Peter Evans’s view – a theoretical approach

Eduardo Lima Campos, Rubens Penha Cysne, Alexandre L. Madureira: A further deterioration of the Brazilian fiscal reaction in view of COVID-19

Jefferson S. Fraga, Marco Flávio da Cunha Resende: Infrastructure, private expectations and investment

André de Melo Modenesi, Nikolas Passos: Public banks and monetary policy: theory and some results based on state dependent local projections

Alexandra Gennadyevna Koval, Ekaterina Konstantinovna Andrianova: MERCOSUR in trade policy clusters: challenges and prospects

Gustavo Burachik: The role of capital movements in Latin American balance of payments in 1990-2019

André Mellini, Guilherme Jonas Costa da Silva: The twin deficit theory in a dynamic consistent stock-flow model for an open economy

Ana Carolina Astafieff da Rosa Costa, Morgana G. Martins Krieger, Yuna Fontoura: Fiscal compliance and Behavioral Economics: an analysis of the influence of the decision context

Cambridge Journal of Economics 46 (4)

Nicole Cerpa Vielma; Gary Dymski: A core–periphery framework for understanding the place of Latin America in the global architecture of finance

Bruno Bonizzi; Annina Kaltenbrunner; Jeff Powell: Financialised capitalism and the subordination of emerging capitalist economies

Jeffrey Althouse; Romain Svartzman: Bringing subordinated financialisation down to earth: the political ecology of finance-dominated capitalism

Kai Koddenbrock; Ingrid Harvold Kvangraven; Ndongo Samba Sylla : Beyond financialisation: the longue durée of finance and production in the Global South

Ricardo Carneiro; Bruno De Conti: Exorbitant privilege and compulsory duty: the two faces of the financialised IMS

Pedro Paulo Zahluth Bastos; Victor Young : The dollar enablers and panhandlers: US capitalist power and the origins of the financialisation at the periphery

José Gabriel Palma : Finance as an (ever more fragile) ‘perpetual mania’: have they all lost their collective minds?: How the new alchemists distorted Kindleberger’s financial-crisis cycle, and how the abundance of easy rents led to lazy elites

Jayson J Funke: Producing investment space: the International Finance Corporation and the geofinancial power network

João Pedro Scalco Macalós; Pedro Rossi: Up the stairs, down in the elevator? The asymmetric response of emerging market currencies to the global liquidity cycle

Matías Torchinsky Landau : An international multi-sectoral approach to financialisation

Daniele Tori; Özlem Onaran : Financialisation and firm-level investment in developing and emerging economies

Capitalism Nature Socialism 33 (2)

Leigh Brownhill: Overcoming Hierarchy: A Theory Illustrated

Luiz Enrique Vieira de Souza, Marcelo Fetz, Bruna Pastro Zagatto & Nataly Sousa Pinho: Violence and Illegal Deforestation: The Crimes of “Environmental Militias” in the Amazon Forest

Franca Marquardt: “Something in the Air”: Reasserting Humanity in a Polluted Neighbourhood

Martin Aidnik: Envisioning a Utopian Ecosocialism in the Darkness of the Covid-19 Pandemic

Dorottya Mendly: Reembedding Through Reinhabitation: Towards a Bioregional Planning

Alf Hornborg: Ecologically Unequal Exchange Theory as Genuine Materialism: A Response to Somerville |

David N. Pellow, Emily Williams & Ana Rosa Rizo-Centino: “Collaborative Research and Action for Climate Justice in California”

Denise Lynn: World’s Oddest Toads: Xenopus Pregnancy Tests and Animal Commodities in “Capitalist Ruins”

Marco Rosaire Rossi: The Sanders-Bookchin Debate

Ecological Economics 201

Christine Merk, Jonas Grunau, Marie-Catherine Riekhof, Wilfried Rickels: The need for local governance of global commons: The example of blue carbon ecosystems

Olivier Chanel, Alberto Prati, Morgan Raux: The environmental cost of the international job market for economists

Philippa M. Shepherd, Jean-Christophe Dissart: Reframing vulnerability and resilience to climate change through the lens of capability generation

Mónica de Castro-Pardo, José María Martín Martín, João C. Azevedo: A new composite indicator to assess and monitor performance and drawbacks of the implementation of Aichi Biodiversity Targets

Pedro Belavenutti, Alan A. Ager, Michelle A. Day, Woodam Chung: Designing forest restoration projects to optimize the application of broadcast burning

Thais Vilela, Alfonso Malky Harb, Carla Mendizábal Vergara: Chileans' willingness to pay for protected areas

Thomas Dietz, Lisa Biber-Freudenberger, Laura Deal, Jan Börner: Is private sustainability governance a myth? Evaluating major sustainability certifications in primary production: A mixed methods meta-study

William Nganje, Prince Fosu: Risks and risk premiums of GE corn: A macromarketing framework

Stephen J. DeCanio, Charles F. Manski, Alan H. Sanstad: Minimax-regret climate policy with deep uncertainty in climate modeling and intergenerational discounting

Denys Yemshanov, Robert G. Haight, Chris J.K. MacQuarrie, Mackenzie Simpson, Frank H. Koch, Kathleen Ryan, Erin Bullas-Appleton: Hierarchical governance in invasive species survey campaigns

J. Carl Ureta, Marzieh Motallebi, Michael Vassalos, Steven Seagle, Robert Baldwin: Estimating residents' WTP for ecosystem services improvement in a payments for ecosystem services (PES) program: A choice experiment approach

Jesús Peiró-Palomino, Ernesto Rodríguez-Crespo, Marta Suárez-Varela: Do countries with higher institutional quality transition to cleaner trade?

Karen Turner, Julia Race, Oluwafisayo Alabi, Christian Calvillo, Antonios Katris, Kim Swales: Policy trade-offs in introducing a CO transport and storage industry to service the UK's regional manufacturing clusters

Juan Infante-Amate, Iñaki Iriarte-Goñi, Alexander Urrego-Mesa, Simone Gingrich: From woodfuel to industrial wood: A socio-metabolic reading of the forest transition in Spain (1860–2010)

Yuichi Ishimura: The effects of the containers and packaging recycling law on the domestic recycling of plastic waste: Evidence from Japan

Hollie Booth, Susana Mourato, E.J. Milner-Gulland: Investigating acceptance of marine tourism levies, to cover the opportunity costs of conservation for coastal communities

Hongqi Ma, Jingxian Zou: Impacts of official high-standard scenic spots on environment and growth — Evidence from China's 5A scenic spots at the city level

Gaetano Grilli, Barnaby Andrews, Silvia Ferrini, Tiziana Luisetti: Could a mix of short- and long-term policies be the solution to tackle marine litter? Insights from a choice experiment in England and Ireland

Cauê D. Carrilho, Gabriela Demarchi, Amy E. Duchelle, Sven Wunder, Carla Morsello: Permanence of avoided deforestation in a Transamazon REDD+ project (Pará, Brazil)

Jean-Christian Tisserand, Astrid Hopfensitz, Serge Blondel, Youenn Loheac, César Mantilla, Guillermo Mateu, Julie Rosaz, Anne Rozan, Marc Willinger, Angela Sutan: Management of common pool resources in a nation-wide experiment

Xiaojie Wen, Shunbo Yao, Johannes Sauer: Shadow prices and abatement cost of soil erosion in Shaanxi Province, China: Convex expectile regression approach

Pablo Campos, Bruno Mesa, Alejandro Álvarez, José L. Oviedo, Alejandro Caparrós: Towards measuring environmental income through a refined United Nations SEEA EA: Application to publicly-owned, protected, pine-forest-farm case studies in Andalusia, Spain

Maria-Francisca Cespedes-Lopez, V. Raul Perez-Sanchez, Raul-Tomas Mora-Garcia: The influence of housing location on energy ratings price premium in Alicante, Spain

Jie Yang, Yijing Huang, Kenji Takeuchi: Does drought increase carbon emissions? Evidence from Southwestern China

Sophie Panel, Antoine Pietri: God did not save the kings: Environmental consequences of the 1982 Falklands War

Fredrik Carlsson, Mitesh Kataria, Elina Lampi: Sustainable food: Can information from food labels make consumers switch to meat substitutes?

Atte Pitkänen, Tuuli von Wright, Janne Kaseva, Helena Kahiluoto: Distributional fairness of personal carbon trading

José Francisco Orozco-Meléndez, Jaime Paneque-Gálvez: A role for grassroots innovation toward agroecological transitions in the Global South? Evidence from Mexico

Brielle K. Thompson, Charles Sims, Teresa Fisher, Sarah Brock, Yi Dai, Suzanne Lenhart: A discrete-time bioeconomic model of free-roaming cat management: A case study in Knox County, Tennessee

Kevin Andrew, Basma Majerbi, Ekaterina Rhodes: Slouching or speeding toward net zero? Evidence from COVID-19 energy-related stimulus policies in the G20

Haiming Yan, Huicai Yang, Xiaonan Guo, Shuqin Zhao, Qun'ou Jiang: Payments for ecosystem services as an essential approach to improving ecosystem services: A review

Thomas Kopp, Markus Nabernegg: Inequality and Environmental Impact – Can the Two Be Reduced Jointly?

Sofia F. Franco, W. Bowman Cutter: The determinants of non-residential real estate values with special reference to environmental local amenities

Xi Ji, Guowei Wu, Pinyi Su, Xuanyuan Luo, Xianling Long: Does legislation improvement alleviate the decoupling between welfare and wealth in China?

Economy and Society 51 (3)

Matthew Thompson: Money for everything? Universal basic income in a crisis

Hannah J. Dawson: Living, not just surviving: The politics of refusing low-wage jobs in urban South Africa

Devin Wiggs:City of standards: London and the rise of LIBOR in global finance

Stefan Schwarzkopf: Clouded futures: Economic barometers and the making of the unpredictable economy

Jacob Hellman: Venture capitalists in miniature? Deregulation and equity crowdfunding in the United States

Yathukulan Yogarajah: ‘Hodling’ on: Memetic storytelling and digital folklore within a cryptocurrency world

Félix Adisson & Ludovic Halbert: State financialization: Permanent austerity, financialized real estate and the politics of public assets in Italy

Aditi Saraf: Financial superstitions: Hawala accusations and boundary-making in Kashmir

Evolutionary and Institutional Economics Review 19 (2)

Pere Mir-Artigues: Combining preferences and heuristics in analysing consumer behaviour

M. J. Histen: The extent of the firm

Werner Güth, Stefan Napel: Hiding or revealing: their indirect evolution in the Acquiring-a-Company game

Judith Avrahami, Werner Güth, Yaakov Kareev, Matteo Ploner: Impulse balancing versus equilibrium learning an experimental study of competitive portfolio selection

Michalis E. Papazoglou: Organizational knowledge actions and the evolution of knowledge environment: a micro-foundations perspective

Nicolas D. Cole: The full employment interest rate implicit in classical economic theory

Alp Eren Yurtseven, Mehmet Teoman Pamukçu: Innovation patterns in firms and intra-industry heterogeneity empirical evidence from Turkey

Richard Grabowski, Sharmistha Self: Role of agricultural productivity growth in economic development: the neglected impact on institutional quality in Africa

Zhongren Zhang: The transformation problem: a mathematical approach of its solution within Marx’s original framework

Feminist Economics 28 (3)

Özlem Onaran, Cem Oyvat & Eurydice Fotopoulou: Gendering Macroeconomic Analysis and Development Policy: A Theoretical Model

Ramaa Vasudevan & Srinivas Raghavendra: Women’s Self-Employment as a Developmental Strategy: The Dual Constraints of Care Work and Aggregate Demand

Ignacio González, Bongsun Seo & Maria S. Floro: Gender Wage Gap, Gender Norms, and Long-Term Care: A Theoretical Framework

Ray Miller & Neha Bairoliya: Parental Caregivers and Household Power Dynamics

James Heintz & Nancy Folbre: Endogenous Growth, Population Dynamics, and Economic Structure: Long-Run Macroeconomics When Demography Matters

History of Economics Review 82 (1)

Geoffrey Fishburn: Obscured from Us by His Own Talent Elsewhere: Patrick Geddes (1854–1932) or ‘Every Man His Own Economist’

Shin Kubo & Harald Hagemann: Schumpeter’s Unknown Commentary on the Great Depression: An Annotated Translation from the Japanese Text

Paul Walker: The Teacher Versus the Student: Plant and Coase on the Firm

John E. King & John Hawkins: A Conversation with John E. King

Matthew Smith: Economics: A Fragmented and Troubled Scientific Discipline? A Review of Alessandro Roncaglia’s The Age of Fragmentation: A History of Contemporary Economic Thought (2019)

Alessandro Roncaglia: Is There a Way to Overcome Fragmentation? A Comment on Matthew Smith’s Review Article

Announcement

Alex Millmow: Reminder: 2022 HETSA Conference, Melbourne

Journal of Economic Methodology 29 (3)

Nicholas Stern, Joseph Stiglitz Charlotte Taylor & Charlotte Taylor: The economics of immense risk, urgent action and radical change: towards new approaches to the economics of climate change

Alexandre Truc: Interdisciplinary influences in behavioral economics: a bibliometric analysis of cross-disciplinary citations

Journal of Evolutionary Economics 32 (3)

Oded Stark, Marcin Jakubek: Can the evolution of joint savings agreements counter the effect of higher costs of migration on its intensity?

A. E. Biondo, G. Burgio, A. Pluchino, D. Puglisi: Taxation and evasion: a dynamic model

Emma Lappi, Johan E. Eklund, Johan Klaesson: Does education matter for the earnings of former entrepreneurs? Longitudinal evidence using entry and exit dynamics

Magnus Henrekson, Anders Kärnä, Tino Sanandaji: Schumpeterian entrepreneurship: coveted by policymakers but impervious to top-down policymaking

Pankaj C. Patel, Cornelius A. Rietveld, Igor Pereira: The relation between public assistance and self-employment in census tracts: a long-term perspective

Bernardo Mueller: Recombination for innovation and market impact: Samples and features in hip hop music

Chan-Yuan Wong, Keun Lee: Evolution of innovation systems of two industrial districts in East Asia: transformation and upgrade from a peripheral system and the role of the core firms, Samsung and TSMC

Gianluca Iannucci, Federico Martellozzo, Filippo Randelli: Sustainable development of rural areas: a dynamic model in between tourism exploitation and landscape decline

Sylvie Geisendorf, Christian Klippert: Integrated sustainability policy assessment – an agent-based ecological-economic model

Journal of the History of Economic Thought 44 (3)

Serge Benest: THE POLITICS OF FUNDING: THE ROCKEFELLER FOUNDATION AND FRENCH ECONOMICS, 1945–1955

Raphaël Fèvre: THE MADMAN AND THE ECONOMIST(S): GEORGES BATAILLE AND FRANÇOIS PERROUX AS FRENCH CRITIQUES OF THE MARSHALL PLAN

Shinji Nohara: THE RECEPTION OF ADAM SMITH IN JAPAN: THE FORMATION OF THE IDEA OF SHIMIN SHAKAI, OR CIVIL SOCIETY, BY ZENYA TAKASHIMA BEFORE THE END OF WORLD WAR II

Bart J. Wilson, Gian Marco Farese: A UNIVERSALLY TRANSLATABLE EXPLICATION OF ADAM SMITH’S FAMOUS PROPOSITION ON “THE EXTENT OF THE MARKET”

Daniel Kuehn: JAMES BUCHANAN, GORDON TULLOCK, AND THE “RADICALLY IRRESPONSIBLE” ONE PERSON, ONE VOTE DECISIONS

Elena Korchmina, Mikhail Kiselev: ‘LUXURY BEYOND MORALS’: THE RISE AND TRANSFORMATION OF THE CONCEPT IN EIGHTEENTH-CENTURY RUSSIA

Marco P. Vianna Franco, Leonardo Costa Ribeiro, Eduardo da Motta e Albuquerque: BEYOND RANDOM CAUSES: HARMONIC ANALYSIS OF BUSINESS CYCLES AT THE MOSCOW CONJUNCTURE INSTITUTE

New Political Economy (27) 5

Boram Lee & Yong Wook Lee: Experience, communication, and collective action: financial autonomy and capital market development in East Asia

Palma Polyak: External enablers of Eurozone austerity: exploring the link between the ease of suppressing domestic spending and trading partners’ demand

Jens van’t Klooster: Technocratic Keynesianism: a paradigm shift without legislative change

Julia Calvert, Charlotte Rommerskirchen & Arjen van der Heide: Does ownership matter? Claimant characteristics and case outcomes in investor-state arbitration

Diana Stuart: Tensions between individual and system change in the climate movement: an analysis of Extinction Rebellion

John W. Cioffi, Martin F. Kenney & John Zysman: Platform power and regulatory politics: Polanyi for the twenty-first century

Théo Bourgeron & Susi Geiger: Building the weak hand of the state: tracing the market boundaries of high pharmaceutical prices in France

Christian Hernandez: Black swan -or- black boxed economics: applying ontology, Keynesianism, and constructivism to policy and market analysis

Manolis Manioudis & Giorgos Meramveliotakis: Broad strokes towards a grand theory in the analysis of sustainable development: a return to the classical political economy

Photis Lysandrou: The European banks’ role in the financial crisis of 2007-8: a critical assessment

Ioana Negru & Wilfred Dolfsma: Towards a concept of responsibility for economics

Review of Agrarian Studies 12 (1)

Editorial

On the IPCC’s Sixth Assessment Report

Research Article

Geof Wood: Rentiers and Contractors: The Future of Agrarian Bangladesh Part 1: The Agrarian Transition since Liberation

John Harriss: The PARI Studies in Bihar: An Introduction

Madhura Swaminathan and Shruti Nagbhushan: Wealth Inequality: Evidence from Two Villages in Bihar

Sandipan Baksi and Rakesh Kumar Mahato: “Homestead Landlessness”: A Case of Rural Unfreedom in Two Villages in Bihar

Niladri Sekhar Dhar, Mrityunjay Pandey, and Awanish Kumar: Identifying Socio-Economic Classes in Two Villages of Bihar

Awanish Kumar: Land and Caste Relations in North Bihar: Observations from Two Villages

Fumiko Oshikawa and Sanjukta Chakraborty: Schooling and Literacy in Two Bihar Villages

Tribute

Parvathi Menon: In the Spirit of the Telangana Movement: Mallu Swarajyam, 1930-2022

Research Notes and Statistics

Vijoo Krishnan: The Farmers’ Struggle Against the Three Farm Acts: A Participant’s Memoir

A. V. Jose: Wage Rates in Agriculture

Shamsher Singh: The Farmers’ Movement Against Three Agricultural Laws in India: A Study of Organisation

Review of Political Economy 34 (4)

Sheila Dow: Alfred Marshall, Evolutionary Economics and Climate Change

Marc Lavoie: MMT, Sovereign Currencies and the Eurozone

Bruna Ingrao, Francesco Ruggeri & Claudio Sardoni: Are Shadow Moneys Money Proper? A Critical Discussion from the Perspective of the History of Monetary Theory

Maxime Desmarais-Tremblay & Aleksandar Stojanović: Framing Institutional Choice, 1937–1973: New Institutional Economics and the Neglect of the Commons

Thomas I. Palley: The Macroeconomics of Government Spending: Distinguishing Between Government Purchases, Government Production, and Job Guarantee Programs

Rod O’Donnell: General Theory-Special Case Relationships: Keynes and Neoclassicism

Christine Ngoc Ngo, Marco R. Di Tommaso, Mattia Tassinari & John Marcus Dockerty: The Future of Work: Conceptual Considerations and a New Analytical Approach for the Political Economy

Ramesh Chandra: Allyn Young on Henry George and the Single Tax

Gabriel Montes-Rojas & Fernando Toledo: External Shocks and Inflationary Pressures in Argentina: A Post-Keynesian-Structuralist Empirical Approach

Review of Social Economy 80 (3)

Julie A. Nelson: Economics for (and by) humans

Yousef Daoud & Nabil Khattab : Women, labour market outcomes and religion: evidence from the British labour market

Nabanita Mitra & Debarshi Das :Determinants of rising profit rates in India’s rural industries

Catherine Deri Armstrong, Rose Anne Devlin & Forough Seifi: Doing good, feeling good: causal evidence from volunteers

Luke Petach: Income stagnation and housing affordability in the United States

Ariel Herbert Fambeu & Georges Dieudonné Mbondo: Endogenous peer effects and level of informality: some evidence from micro and small firms in Cameroon

Revue de la régulation. Capitalisme, institutions, pouvoirs 32 (1)

Hiroshi Nishi: A growth regime approach to demand, distribution, and employment with endogenous NAIRU dynamics

Pierre Girard, Sandrine Michel, Sara Mercandalli et Bruno Losch: The income-labour nexus as the dominant institutional form in rural sub-Saharan Africa

Samuel Klebaner: Théorie de la régulation et histoire du droit : un croisement fertile

Novice Patrick Bakehe, Jules Mandeng Ma Ntamack et Roukiya Hassan: Analyse de l’impact du conformisme social sur l’adoption de l’e-learning dans un pays en développement

The Review of Austrian Economics 35 (3): Symposium on Julian Simon

Peter Jacobsen, Louis Rouanet: The ultimate resource after 40: A special issue against the grain

Paul Dragos Aligica, Robert Gabriel Ciobanu: Julian Simon, the problem of socio-ecological resilience and the “ultimate resource”: a reinterpretation

Peter J. Boettke, Christopher J. Coyne: The economic logic behind the ultimate resource

Donald J. Boudreaux: How Might Econ 101 Change If Julian Simon’s “Ultimate Resource” Idea Were Incorporated into the Analysis?

Rosolino A. Candela: The Division of Labor and Knowledge is Limited by the Division of Ownership Over the Ultimate Resource: The Role of Economies of Scope in Julian Simon

Vincent Geloso: Statogenic climate change? Julian Simon and Institutions

Peter Jacobsen, Louis Rouanet: Economists versus engineers: Two approaches to environmental problems

Clara E. Piano: The family and the state: a public choice perspective

Books and Book Series

A Beginner's Guide to Building Better Worlds: Ideas and Inspiration from the Zapatistas

By Levi Gahman, Nasha Mohamed, Filiberto Penados, Johannah-Rae Reyes, Atiyah Mohamed and Shelda-Jane Smith | 2022, Policy Press and Bristol University Press

This ambitious book offers radical alternatives to conventional ways of thinking about the planet’s most pressing challenges, ranging from alienation and exploitation to state violence and environmental injustice.

Bridging real-world examples of resistance and mutual aid in Zapatista territory with big-picture concepts like critical consciousness, social reproduction and decolonisation, the authors encourage readers to view themselves as co-creators of the societies they are a part of – and ‘be Zapatistas wherever they are'.

Written by a diverse team of first-generation authors, this book offers an emancipatory set of anti-colonial ideas related to both refusing liberal bystanding and collectively constructing better worlds and realities.

Please find a link to the book here.

A Critical History of Poverty Finance

By Nick Bernards | 2022, Pluto Press.

Starting from the recent rise of much-hyped ‘fintech’ (financial technologies) solutions for development finance, which have been heralded by the World Bank/IMF/G20 etc as a silver bullet in the fight against poverty, this monograph provides a critical historical context of development finance from a post-colonial perspective. Whilst engaging with the specific weaknesses of the most recent trends of mobile technologies, microinsurance etc in ‘Digital Financial Inclusion’ efforts, author Nick Bernards explains how and why these suffer from the same shortcomings as previous iterations of neoliberal ‘financial inclusion’, namely that they all rely on and ultimately reinforce existing patters of inequality and uneven development, many of which date back to the first days of colonialism; and that they rely on artificially created markets that simply aren’t there among the world’s most disadvantaged economic actors. The critical assessment of fintech is certainly one selling point of this book, though its major original contribution lies in providing the broader backdrop of why this type of quintessentially neoliberal pipe dream of poverty alleviation cannot work and never has. Bernards puts fintech in the lineage of efforts led in particular by colonial administrations in Africa and South Asia since the 1930s, and then later by the World Bank in the 1970s, whose underlying principles can be traced back to the first guiding principles of colonial rule. The book hence offers both, an astute analysis of the current fintech fad as well as a thorough and detailed colonial history of development finance. The book would be clearly an academic monograph, and I guess could conceivably be priced even higher than suggested here. Having said that, I found Nick’s writing style to be eminently readable and actually potentially capable of drawing in some of the elusive ‘interested general public’ readership. Nick’s home discipline is international politics, but his regional specialism is sub-Saharan Africa, which I think is apparent in his writing that seems just as informed by on-the-ground experiences as by theoretical analysis. He is Canadian and still has decent ties there (PhD at McMaster in 2016). Might be worth asking Fernwood/BTL if they’d be interested in a co-pub. In sum, I think this could be a low-risk, solid title that sits well at the intersections of development and postcolonial studies as well as critiques of neoliberal economics and digital capitalism.

Please find a link to the book here.

Can Global Capitalism Endure?

By William I. Robinson | 2021, Clarity Press.

Global capitalism is facing its most severe crisis in decades. If the history of capitalism is one of never-ending transformation, crises often mark before-and-after turning points. The period from 2008 into the third decade of the twenty-first century has been one long protracted crisis that, far from being resolved, has been aggravated by the coronavirus pandemic. This crisis is as much economic (chronic stagnation) as it is political (state legitimacy) as capitalist hegemony breaks down. But the crisis is also existential because of the threat of ecological collapse as well as the renewed threat of nuclear war, to which we must add the danger of future pandemics that may involve much deadlier microbes than coronaviruses.

Can global capitalism endure? Indeed, will humanity survive? These are, to be sure, two distinct questions. It is entirely possible that the system endures even as a majority of humanity faces desperate struggles for survival that will lead many to perish in the coming years and decades.

The agents of global capitalism are presently attempting to purchase a new lease on life for the system through digital restructuring and regulatory and redistributive reform that some among the global elite are advocating in the face of mass revolt from below. A new round of digital-driven restructuring may turbo-charge the economy sufficiently to usher in a period of rising profits and prosperity for the system as a whole, even as billions of people are abandoned. It is difficult to see how global capitalism can endure in the long run without a much more profound overhaul than is currently on the horizon, involving a reversal of escalating inequalities through a radical downward redistribution of wealth and power. Yet even then, global capitalism will still run up against its inherent contradictions as well as the finite limits of the planetary ecosystem. Highly scholarly yet specifically crafted to be accessible to an engaged public, this work addresses the present structural crises, the second information age, the global revolt, and what lies ahead: a new epoch of reform and stability, a revolutionary rupture with capitalism, a worldwide fascist dictatorship, or a collapse of global civilization.

Humanity has entered a period of systemic chaos and global civil war and if it is to survive, must overthrow global capitalism and replace it with a form of ecosocialism. The battle over alternative futures is now underway

Please find a link to the book here.

Economists and COVID-19 Ideas, Theories and Policies During the Pandemic

By Andrés Lazzarini & Denis Melnik | 2022, Palgrave Macmillan.

This book examines and classifies different reactions to the COVID-19 pandemic from economists across the world. With the impacts of the pandemic experienced differently in each country, specific case studies are provided to highlight how the economics profession has responded to the challenges that have emerged from COVID-19. Key debates, such as the trade-off between health protective measures and the economic impacts of closing important sectors, are discussed, with a focus on the responses in China, the USA, Italy, France, Russia, Argentina, Brazil, India, and Palestine.

This book explores the ability of economists to respond to economic and social crises, and provides insight into the ties between economic theory and economic policy in the modern world. It will be relevant to students and researchers interested in how economists have responded to the COVID-19 and what changes it might trigger.

Please find a link to the book here.

Inventing Value: The Social Construction of Monetary Worth

By Dave Elder-Vass | 2022, Cambridge University Press.

Value is central to the market sectors of the contemporary economy, yet the best-established theories of value fail to expose how it operates and how it is manipulated for profit. This book begins to reconstruct the theory of value. In one sense, it argues, value is a personal assessment of worth, but those assessments draw deeply on normative standards. The book examines those standards and how they are formed, transformed and supported by the construction of new social structures. The empirical evidence comes from contemporary financial examples: the mortgage-backed securities that caused the global crash of 2008, how venture capitalists secure outrageous valuations for so-called unicorn companies, and the rise of Bitcoin. The result is a theory that shows how value is invented by value entrepreneurs in pursuit of their interests and thus provides a new basis for criticising the role of value in the commodity economy and the finance sector.

Please find a link to the book here.

Making Money Work for Us: How MMT Can Save America

by Randall Wray | 2022, Polity

Is money precious and scarce, necessitating iron fiscal discipline? Must the government always balance the books or risk ruin? Or is money, in fact, a flexible tool that can be used to mobilize our collective resources to serve those who need them?

In this book, leading Modern Money Theory (MMT) advocate Randy Wray explains that the only real constraints on public policy are physical resources, technological capacity and political will: but never money. He shows how modern sovereign governments spend by keystroking money to bank accounts. While taxes serve other important purposes, they do not – contrary to popular belief – fund spending. If we recognize this, and totally reframe how we think about money and debt, we can marshal our national wealth to make us all richer, eliminate unemployment and “look after our own.” We can make money work for us – the US.

This book's account shows how MMT can become a new American political and economic orthodoxy, replacing the dominant conservative framework forever. It is essential reading for all progressives.

Please find a link to the book here.

Participation Income: An Alternative to Basic Income for Poverty Reduction in the Digital Age

by Heikki Hiilamo | 2022, Edward Elgar Publishing

This innovative book provides the first in-depth analysis of participatory income and its potential role in countering endemic poverty and unemployment in high-income countries. Heikki Hiilamo reviews the concept of basic income and specific basic income experiments before presenting participatory income as a viable alternative in the fight against poverty.

This is an open access title available under the terms of a CC BY-NC-ND 4.0 License. It is free to read, download and share on Elgaronline.com.

Please find a link to the book here.

Reforming Capitalism for the Common Good: Essays in Institutional and Post-Keynesian Economics

By Charles J. Whalen | 2022, Edward Elgar.

In this book of carefully selected essays, Charles Whalen presents constructive analyses of vital economic problems confronting the United States since the 1970s, giving special attention to challenges facing working families. The analyses are grounded in Whalen’s career of more than three decades, during which he has gleaned insight from institutional and post-Keynesian economics and contributed to national economic policy-making, equitable regional development, and worker engagement in business decisions. The result is a compelling case for reforming capitalism by addressing workers’ interests as an integral part of the common good, and for reconstructing economics in the direction of post-Keynesian institutionalism.

Please find a link to the book here.

Reversals of Fortune: Why the Hierarchy of Nations So Often Turns Topsy-Turvy

by Ashok Sanjay Guha | 2020, New Delhi: Routledge

Why has history so often turned the economic and political hierarchy of nations topsy-turvy? This book examines the evidence of the last 500 years to challenge the two dominant narratives on the answers to this question. It argues that the explanation lies neither in the quality of institutions that societies possess nor in their capacities for technological innovation. What matters for the economic and political success of a country, it claims, is the interaction between current technological knowledge and global demand on the one hand and its geography and the population it inherits from its past on the other. Those societies succeed whose endowments best fit the requirements of current technology and world demand. It hardly matters who developed the technology.

In the process of examining the patterns that inform the fates of nations over time, Reversals of Fortune charts the economic histories of Western Europe and Asia from the sixteenth century to the present day.

A compelling tour de force, this book reshapes and rethinks global history. The volume will be a fascinating read for scholars of history and economics, especially economic history and human geography.

Please find a link to the book here.

Revolutionary Social Democracy: Working-class Politics Across the Russian Empire (1882-1917)

by Eric Blanc | 2022, Haymarket Books

Through extensive archival research in eight different languages, Revolutionary Social Democracy introduces readers to the politics and practices of socialists in Tsarist Russia's imperial borderlands. These parties fought for democracy and workers' power across the entire span of the Russian Empire—from the factories of Warsaw, to the oil fields of Baku, to the autonomous parliament of Finland. Eric Blanc's incisive study of these parties shows that the Russian Revolution was far less Russian than is commonly assumed. And the implications of this discovery challenge the long-held assumptions of historians, sociologists, and activists about the dynamics of revolutionary change under both autocratic and democratic conditions.

Please find a link to the book here.

Social Exchange Barter as Economic and Cultural Activism in Medellín, Colombia

By Brian J. Burke | 2022, Rutgers University Press.

Money occupies a powerful place in our lives – it is a problem, a goal, and motivator, a measure of self-worth and national progress, and even an influence on how we relate to each other and to nature – but what happens when communities start to reinvent money and markets? Over the last twenty-five years, grassroots activists in Medellín, Colombia, have used barter markets and community currencies as one strategy to re-weave a social fabric shredded by violence and to establish an economy founded on respect and reciprocity rather than exploitation. In Social Exchange, Brian J. Burke provides a deep ethnographic investigation of this activism and its effects. This story draws us into the cultural and material effects of capitalism and narco-violence, while also helping us understand what new radical imaginations look like and how people bring them to life. The result is an intimate glimpse of urban life in Latin America, as well as a broader analysis of non-capitalist or post-capitalist possibility.

Please find a link to the book here.

Social Movements and the Politics of Debt Transnational Resistance against Debt on Three Continents

by Christoph Sorg | 2022, Amsterdam University Press

It would have been hard to miss the pivotal role debt has played for contentious politics in the last decades. The North Atlantic Financial Crisis, Global Recession and European Debt Crisis - as well as the recent waves of protest that followed them - have catapulted debt politics into the limelight of public debates. Profiting from years of fieldwork and an extensive amount of empirical data, Christoph Sorg traces recent contestations of debt from North Africa to Europe and the US. In doing so, he identifies the emergence of new transnational movement networks against the injustice of current debt politics, which struggle for more social and democratic ways of organizing debt within and between societies.

Please find a link to the book here.

The Anti-Capitalist Book of Fashion

By Tansy E. Hoskins | 2022, Pluto Press

Fashion is political. From the red carpets of the Met Gala to online fast fashion, clothes tell a story of inequality, racism and climate crisis. In The Anti-Capitalist Book of Fashion, Tansy E. Hoskins unpicks the threads of capitalist industry to reveal the truth about our clothes.

Fashion brands entice us to consume more by manipulating us to feel ugly, poor and worthless, sentiments that line the pockets of billionaires exploiting colonial supply chains. Garment workers on poverty pay risk their lives in dangerous factories, animals are tortured, fossil fuels extracted and toxic chemicals spread just to keep this season's collections fresh.

We can do better than this. Moving between Karl Lagerfeld and Karl Marx, The Anti-Capitalist Book of Fashion goes beyond ethical fashion and consumer responsibility showing that if we want to feel comfortable in our clothes, we need to reshape the system and ensure this is not our last season.

Please find a link to the book here.

The Economic Rise of China: Multidisciplinary Perspectives

Edited by Zhihua Wang, Eleftherios Giovanis, and Nikolaos Karagiannis | 2023, Routledge

This book seeks to reinvigorate debates on the growing forces influencing China’s social and economic evolution. It draws attention to several neglected areas in the discussion of China’s rapid economic expansion, such as unbalanced growth, mass internal migration, international labour flows, and disparities in access to education, public health, and housing.

China’s rapid economic development has attracted the interest of many scholars following its emergence as the world’s second largest economy and stimulated research into the underlying factors that have made this development unique. In advancing research, the chapters included in this edited book help with refining our understanding of the forces that have been driving China’s social- economic, political, institutional and technological developments, addressing the related issues, thus, advancing the social economic literature within the China context. This book serves the interests of scholars who seek to understand more fully the development of China as well as of other emerging economies.

One of the chapters in this volume was originally published in the Review of Evolutionary Political Economy. Other chapters were originally published in the Forum for Social Economics.

Please find a link to the book here.

The Legal Foundations of Micro-Institutional Performance A Heterodox Law & Economics Approach

By Sarah S. Klammer & Eric A. Scorsone | 2022, Edward Elgar Publishing.

The aim of The Legal Foundations of Micro-Institutional Performance is to introduce the reader to a different way of thinking about economics that will allow them to both understand and apply legal concepts to economic analysis. To this end, it adopts and further develops Wesley Hohfeld’s legal framework of jural (legal) relations as a tool of analysis. This analytical tool, as built into the Legal-Economic Performance framework, provides specific direction in identifying and describing interdependence among economic agents (including rights, duties, liberties and exposure to various acts).

Please find a link to the book here.

The Price of Slavery: Capitalism and Revolution in the Caribbean

By Nick Nesbitt | 2022, University of Virginia Press, New World Studies.

The Price of Slavery analyzes Marx's critique of capitalist slavery and its implications for the Caribbean thought of Toussaint Louverture, Henry Christophe, C. L. R. James, Aimé Césaire, Jacques Stephen Alexis, and Suzanne Césaire. Nick Nesbitt assesses the limitations of the literature on capitalism and slavery since Eric Williams in light of Marx's key concept of the social forms of labor, wealth, and value. To do so, Nesbitt systematically reconstructs for the first time Marx's analysis of capitalist slavery across the three volumes of Capital. The book then follows the legacy of Caribbean critique in its reflections on the social forms of labor, servitude, and freedom, as they culminate in the vehement call for the revolutionary transformation of an unjust colonial order into one of universal justice and equality.

Please find a link to the book here.

The Rise and Decline of Patriarchal Systems – An Intersectional Political Economy

By Nancy Folbre | 2021, Verso Books.

Why do patriarchal systems survive? In this groundbreaking work of feminist theory, Nancy Folbre examines the contradictory effects of capitalist development. She explains why the work of caring for others is under-valued and under-rewarded in today's global economy, calling attention to the organisation of childrearing, the care of other dependants, and the inheritance of assets. Upending conventional definitions of the economy based only on the market, Folbre emphasizes the production of human capabilities in families and communities and the social reproduction of group solidarities. Highlighting the complexity of hierarchical systems and their implications for political coalitions, The Rise and Decline of Patriarchal Systems sets a new feminist agenda for the twenty-first century.

Please find a link to the book here.

Heterodox Graduate Programs, Scholarships and Grants

University of Greenwich, UK (1/2)

PhD scholarship for a project on ‘Climate change, macroeconomic policy and inequality in the UK and the EU’

The rapid transition to a net zero carbon economy is currently one of the key priorities for policy making in the UK and the EU. A just transition requires the implementation of climate policies that move beyond carbon pricing and put green public investment at the core of the climate economic policy mix. At the same time, it is necessary for monetary and financial policies to play a supportive role in the ecological transition.

Although the role of public investment for climate mitigation has recently attracted attention in academic research, less attention has been given to the effects of this investment on income and gender inequality. In addition, although the Bank of England and the European Central Bank (ECB) have recently decided to incorporate climate criteria into their quantitative easing programmes and collateral frameworks, no attention has been paid to how the decarbonisation of monetary policy can be combined with gender criteria to make sure that gender targets can be achieved at the same time with green ones.

The purpose of this PhD research is to shed light on the climate change, inequality, macroeconomic policy nexus. The thesis will comprise three papers. The first paper will investigate how green and purple public investment in specific sectors (like utilities, transport, buildings and care) can affect UK inequality through the direct and indirect effects of investment on employment. The second paper will focus on the way through which monetary policies in the UK and the EU can be re-designed to support a green and gender-equal economy. The third paper will explore the effects of climate public investment on inequality using a stock-flow consistent macroeconomic model.

The thesis will have significant policy implications. It will show which types of green public investment have the potential to reduce both carbon emissions and inequality in the UK and will explore how central banks can support the transition to a green and gender-equal economy.

supervisors: Dr. Maria Nikolaidi, Professor Ozlem Onaran, and Dr Alex Guschanski

Duration

3 years, Full-Time Study or 6 years, Part-Time Study

Person Specification (Essential)

Education and Training

Experience & Skills

Personal Attributes

Other Requirements

Experience & Skills (desirable):

Application Process

Please read this information before making an application. Information on the application process is available here. Applications need to be made online via this link. No other form of application will be considered.

All applications must include the following information. Applications not containing these documents will not be considered.

*upload to the qualification section of the application form. Attachments must be a PDF format. Before submitting your application, you are encouraged to liaise with the Lead Supervisor on the details above.

Funding Notes

Year 1: £16,062 (FT) or pro-rata (PT) Year 2: In line with UKRI rate Year 3: In line with UKRI rate In addition, the successful candidate will receive a contribution to tuition fees equivalent to the university’s Home rate, currently £4,596 (FT) or pro-rata (PT), for the duration of their scholarship. International applicants will need to pay the remainder tuition fee for the duration of their scholarship. This fee is subject to an annual increase.

Please find more information on the official website.

Application Deadline: 16 September 2022

University of Greenwich, UK (2/2)

The University of Greenwich is offering another funded Ph.D. scholarship for the project "The role of financial incomes in the determination of consumption and macroeconomics dynamics in ABM-SFC models". The duration of the Ph.D. can be 3 years (full time) or 6 years (part time).

The leading role of finance in modern financialised economies has implied, among many other aspects, increasingly more participation of households to financial markets. One the one hand, modern financial practices (i.e., securitization) have enabled (low-middle income) households to take a higher amount of loans as a ratio to their disposable income. On the other hand, this phenomenon has been mirrored by rising accumulation of financial assets by the wealthier households, often mediated by professional investors, as well as rising importance of financial incomes as a share of total households’ disposable income.

The present PhD project first aims at conducting an extensive econometric study of the effects of different forms of financial incomes on the determination of household consumption decisions and, aggregate consumption. This research aims at moving attention away from financial wealth to financial income as determinant of households’ consumption decisions. It will test econometrically whether different forms of financial incomes are associated with different marginal propensities to consume both with respect to one another and to labour income. This econometric analysis will focus on advanced economies, namely the USA and European countries, for which detailed micro data about households’ incomes and consumption decisions are available based on the panel data of household income and consumption surveys (e.g. the Panel Study of Income Dynamics in the USA).

The second part of the PhD project aims at incorporating the findings of the econometric analysis in an Agent-Based (AB) SFC model, where heterogenous households and multiple types of incomes are simultaneously analysed. On the one hand, this novel AB-SFC approach will capture behavioural heterogeneity at micro level (i.e., households' specific marginal propensity to consume as jointly given by the composition of households’ income itself and by households’ ranking in the economy-wide income and wealth distribution). On the other hand, it will describe aggregate macro dynamics emerging from the composition of heterogenous micro-behaviours.

Education and Training Requirements

Experience & Skills

Personal Attributes

Other Requirements

The application process closes on September 16, 2022. For more details and application instructions please visit the posting site.

Application Deadline: 16 September 2022

Calls for Support

Association for Heterodox Economics (AHE) PhD workshop impact survey

The AHE has held a PhD research methods workshop most years since 2001, the most recent being online in April this year. It would have been organised and run either by Paul Downward or myself.

Have you ever attended any of these workshops? If so, we’d like to hear about its impact on you. To that end, we’ve constructed this very short anonymous survey, which will take only 2-5 minutes to complete.

The survey can be accessed via this link.

We’d value your feedback very much, however long ago it was you attended the workshop.

Please do forward the link to anyone you think may have attended the workshop.

Andrew Mearman (Economics Department, Leeds University Business School)

For Your Information

School of Political Economy: Term 4 Subject Offerings

The School of Political Economy was established in 2019 to offer the sort of pluralist education in economics that universities should be providing but very seldom do. Courses are high-quality but affordable. Classes are small and run by well credentialed and experienced academics. A flipped classroom model is deployed. This coming term (starting in the 1st week of October) SPE will be offering two subjects: SPE101 An Introduction to Political Economy and Economics and SPE103 Comparative Economic Systems.

For further information please visit the website.