Heterodox Economics Newsletter

Issue 312 May 29, 2023 web pdf Heterodox Economics Directory

In the last issue of this newsletter, I argued that the multi-causality associated with socio-economic phenomena – that is, the observation that such phenomena are typically impacted by several different factors – serves as a core motivation for a pluralist approach in economics. The basic idea here is that such a pluralist approach helps us to identify and appreciate this multiplicity of causal pathways. In turn, it enables us to provide more appropriate and better contextualized answers on theoretical as well as applied questions.

However, on top of that such a pluralist mind-set can also help us to make more nuanced judgements on whether different lines of argument can be considered as either competing or complementary. Taking current debates on inflation as an example, we can observe that a multitude of plausible reasons is provided for the current inflation surge – including the exogenous shocks imposed by Corona and the Russian-Ukraine war, bottlenecks in capacities in certain key sectors (like chips or transport), shifts in consumer demand patterns as well as profit-reaping behavior by firms, who see opportunities for increasing prices in an oligopolistic environment characterised by lack of competition*. While it should be added that some of these arguments only entered the debate because of the effort of certain heterodox authors (most prominently by Isabella Weber, e.g. here or here, but also elsewhere, e.g. here or here), my main point here is that this multitude of reasons jointly provides a more compelling and complete story of why prices rise than any account relying only on a single argument possibly could.** The next step then, would be to try to identify not only the relative importance of these factors but to also to explicate to what extent these factors are actually interrelated (see here for a potentially useful framework for doing so).

In this context, Marc Lavoie recently added an interesting intervention that emphasized two mechanisms, that are little appreciated in the current debate and, hence, also absent in the list reproduced above: first, there is a tendency for the profit share to rise in times of recovery as capacity utilization increases and some cost components are fixed (which surely applies to some, but probably not to all sectors given current supply-side constraints). Second, he adds the observation that we should expect to observe a mechanical increase in the profit share, when the prices of primary and intermediate inputs increase, but mark-ups in other sectors stay constant. And indeed, in a simple model framework higher input costs translate into higher profits (as mark-ups are calculated on a full-cost basis), while leaving labor income unchanged.

Now, what exactly, to make of these arguments? One possibility is to see competing explanations here, where somewhat mechanical effects are juxtaposed to arguments on successful profit-seeking behaviour by firms. However, I prefer a second interpretation, namely to see these arguments as further complementing the ones collected above. They indicate how rising input prices translate into a higher profit share as long as mark-ups stay constant. However, this in turn raises the question why firms are able to pass on price increases in primary and intermediate products in the first place – in other words: why is there so little competition? So while there is surely a role to play for the mechanical effects spotlighted by Marc, the question why firms are not forced to lower markups in times of rising prices remains. Here, arguments about profit-seeking behaviour and market power in general provide an important complement also leading to a better foundation of Marc’s own story.

Hence, in my view an emphasis on a general lack of competitive pressures influencing the price-setting behaviour of firms remains important (as classically argued by Joan Robinson). Moreover, this case allows for illustrating a main advantage of a pluralist approach: by being open to theoretical complementarities we are in a position to build better explanations that do greater justice to the actual complexity of socio-economic phenomena.

All the best,

Jakob

* For some countries, like the US, also fiscal policy likely played some role as the US COVID stimulus supposedly reached 15% of GDP.

** The firm sector itself harbours a richness of heterogeneity: Profit margins did not evolve homogenously between firms; rather they vary across sectors and along firm size/market power.

© public domain

Table of contents

Call for Papers

Annual Tracy Mott Economic Theory and Policy Workshop (Denver, September 2023)

30 September 2023 | Denver, Colorado, USA

CfP for Annual Tracy Mott Economic Theory and Policy Workshop, September 30, 2023 (Department of Economics, University of Denver, Denver, CO)

CfP for ‘A Pluralist, Interdisciplinary Examination of Social Reproduction and Caring’ Special Issue of the Forum for Social Economics A Journal of the Association of Social Economics

The Department of Economics at the University of Denver is proud to have the second Annual Tracy Mott Economic Theory and Policy Workshop, on September 30, 2023, at the University of Denver in Denver, Colorado. We are happy for the opportunity to link this workshop to a special issue of the Forum for Social Economics. Participation in the workshop is not a pre-requisite to submitting for special issue consideration. You are also welcome to either apply to present or to attend the workshop without submitting to the special issue.

This year’s workshop will be about different methodological and disciplinary approaches to linking social reproduction and caring to economics.

We invite paper submissions for both aiming to discuss and develop ideas during the workshop and for intending to be published in a special issue of the Forum for Social Economics (tentatively Fall 2024). Please indicate whether you would like to submit your paper for either purpose.

We particularly welcome submissions from different disciplines that complement the social-economic perspective and encourage the utilization of different theoretical perspectives and the application of a wide variety of methodological approaches (qualitative, quantitative and mixed-method). Both conceptual and empirical contributions are welcome.

Deadline for submissions of extended Abstract (about 1,500 words) for presentations at the workshop and / or expression of interest in submitting to the special issue: August 1, 2023. Please send your Abstract to Yavuz Yasar (yavuz.yasar@du.edu), and indicate whether you intend to 1) participate in the workshop only, 2) participate in the workshop and plan to submit to the special issue, or, 3), plan to submit to the special issue only.

For questions and inquiries please contact the guest editors: Henning Schwardt (Henning.Schwardt@du.edu) or Yavuz Yasar (Yavuz.Yasar@du.edu).

All submissions for the special issue will be subject to double-blind peer review. All papers must be submitted online through the journal website. For author guidelines and the submission process, see the instructions.

Deadline for abstract submission: 1 August 2023

Deadline for final submission for the special issue: 1 November 2023

Call for Papers: Collection of Essays on "Teaching Heterodox Economics"

Teaching heterodox economics can range from being wildly empowering by creating critical discussions in classrooms to being a daunting challenge due to barriers at the global academic or classroom levels. This discussion is complex and invites learning from each other. The present call is created to support early career researchers and teachers navigating this polarized academic space. Ultimately, the ambitions are to be strategic in the creation of heterodox content, to identify leverage points in creating curricula, and to make classrooms aligned with real-world issues. The output of this call is a magazine that will be open access online as a collection of short essays. The essays contained are succinct contributions of 500 to 1,000 words. The questions that we wish to address are:

The aim is to create a publication where we can learn from others’ experiences and share our own within a like-minded community. The magazine is planned as a single edition that will be circulated within student movements and heterodox circles to inspire and inform early career (notably the new generation emerging from Rethinking Economics) and more experienced teachers.

The magazine will include a diversity of writers such as Rethinking Economic Turin, Center for popular economics, and more experienced pedagogues. Voices from women, people of color, and minorities are important, and their applications are warmly welcomed. For further information, you should contact Clara Dallaire-Fortier at clara.dallaire-fortier@ekh.lu.se [updated] with the header “Heterodox Teaching Magazine”. The publication of the magazine will be followed by a launch event in the fall.

Submission Deadline: 16 June 2023

Call for Papers: Fourth Pluralumn* Meeting (Bamberg, October 2023)

October 02 - October 03, 2023 | University of Bamberg

Pluralist economics beyond anything goes

The pluralism in economics movement has gained significant attention in recent years. However, its vagueness and inclusive aspiration have also led to criticisms and a call for a more concrete definition. Being relativistic is perhaps the most common charge against the pluralist movement in economics. How can one be scientifically rigorous and simultaneously stay inclusive for many different paradigms and scientific disciplines with different jargon and quality criteria? What are adequate quality criteria for pluralist methods and pluralist theory? Can a paradigm with an exclusively quantitative outlook like complexity economics be brought into a fruitful dialogue with qualitatively oriented methods like discourse analysis? How can different strands of pluralism develop mutual understanding? In sum, what makes (pluralist) economics a mutually beneficial endeavour?

To address these puzzles, we invite contributions from all branches of economics, as well as economic education, sociology of economics, history of economic thought, and philosophy of economics. We intend a discourse between methodological reflections, assessment of a large variety of economic theory, and successful examples of pluralist methods applied in various economic contexts. By showcasing how pluralism can enrich our understanding of economic phenomena, we hope to demonstrate the value of embracing a pluralist approach and inspire further research that combines different perspectives and methodologies. For these examples of pluralist economic practice, we deliberately refrain from pre-defining topics or approaches. However, we encourage a clear explication of theoretical presumptions and of the methods used, including their specific strengths and limitations. We also encourage submissions of fields and methods that are currently marginalised in economics.

The aim of the fourth installment of the Pluralumn* workshop is to bring together young scholars and early-career researchers, specifically to enable communication and exchange between colleagues one would rarely meet at other specialised conferences and symposia. To further this communication and exchange across topics, theories and methods, the workshop will feature formal as well as informal discussion formats. Ideally, we intend to reconcile the different approaches and find candidate explanations for what distinguishes economic pluralism from anything goes. In this year’s instalment, we also explicitly encourage contributions that are not yet fully developed into a paper, as the Pluralumn* meeting will also feature a workshop format to collaboratively develop those ideas.

Keynotes:

We encourage especially submissions by:

Conference contributions should be in English to reach a broad audience.

Participation without presenting is, of course, also possible. We kindly ask non-presenting participants to fill in the registration form by October 1.

Submission form: https://forms.gle/oM6Wu6RhW7Nr8Q4q9

Submission Deadline: 15 July 2023

Extended Deadline: ASE @ ASSA 2024 (San Antonio, January 2024)

5-7 January 2024 | San Antonio, Texas

Conference Theme: "Retaining the Lessons of the Pandemic" - Reclaiming the Social in Economic Policy to Address the Challenges of the Future

The submission deadline for ASE @ ASSA 2024 has been expended to 29 May 2023. Please find the original post and further information about the ASE @ ASSA 2024 in this previous issue of the heterodox economic newsletter.

Submission Deadline (expended): 29 May 2023

Forum for Social Economics: Special Issue on "A Pluralist, Interdisciplinary Examination of Social Reproduction and Caring" (Denver, September 2023)

30 September 2023 | Denver, US

The Department of Economics at the University of Denver is proud to have the second Annual Tracy Mott Economic Theory and Policy Workshop, on September 30, 2023, at the University of Denver in Denver, Colorado. We are happy for the opportunity to link this workshop to a special issue of the Forum for Social Economics. Participation in the workshop is not a pre- requisite to submitting for special issue consideration. You are also welcome to either apply to present or to attend the workshop without submitting to the special issue.

This year’s workshop will be about different methodological and disciplinary approaches to linking social reproduction and caring to economics. We invite paper submissions for both aiming to discuss and develop ideas during the workshop and for intending to be published in a special issue of the Forum for Social Economics (tentatively Fall 2024). Please indicate whether you would like to submit your paper for either purpose. We particularly welcome submissions from different disciplines that complement the social- economic perspective and encourage the utilization of different theoretical perspectives and the application of a wide variety of methodological approaches (qualitative, quantitative and mixed- method). Both conceptual and empirical contributions are welcome.

NOTES FOR PROSPECTIVE WORKSHOP PARTICIPANTS AND NOTES FOR PROSPECTIVE AUTHORS

For questions and inquiries please contact the guest editors: Henning Schwardt (Henning.Schwardt@du.edu) or Yavuz Yasar (Yavuz.Yasar@du.edu).

All submissions for the special issue will be subject to double-blind peer review. All papers must be submitted online through the journal website. For author guidelines and the submission process, see

the instructions.

Submission Deadline: 1 August 2023

Call for Participants

Progressive Economics 2023: A Festival for the Future of Economics (London, June 2023)

10 June 2023 | London, UK

Progressive Economy Forum and the University of Greenwich Centre of Political Economy, Governance, Finance and Accountability invite you to Progressive Economics 2023 on 10 June: A Festival for the Future of Economics –a conference of debate and education on the policies to tackle the economic challenges of cost-of-living crisis, global supply problems, environmental degradation, war, inequalities, Brexit, Covid-19, and the care economy. There will be panels on green caring just transition, inequalities, cost-of-living crisis, Brexit, fiscal policy, monetary policy, industrial policy and macroeconomic policy coordination with MPs, academics, journalists, and researchers from think-tanks and civil society organisations.

Speakers include Lord Robert Skidelsky, Bell Ribeiro-Addy MP, John McDonnell MP, Molly Scott Cato (Green Party & Uni of Roehampton), Will Hutton (The Observer), Frank van Lerven (World Bank), Stephany Griffith-Jones (Banco Central de Chile), Carys Roberts (IPPR), Ann Pettifor (Prime), Rebekah Diski (NEF), David Barmes (Positive Money), Faiza Shaheen (PEF), Peter Holmes (Trade Policy Observatory), Shreya Nanda (Social Market Foundation), Janet Williamson (TUC), Geoff Tily (TUC), Danny Dorling (U o Oxford), Michael Jacobs (U o Sheffield), Guy Standing (SOAS), Susan Himmelweit (Open Uni), Stewart Lansley (Uni o Bristol), James Meadway (PEF), Jo Michell (UWE), Özlem Onaran (UoG), Mehmet Ugur(UoG), Maria Nikolaidi (UoG), Rob Calvert Jump (UoG), Ben Tippet (UoG), and Alex Guschanski (UoG), among others.

For more details about the conference and this year's theme please consult the conference programme.

Those interested in attending should register here.

2nd "Hands on AB-SFC" summer school (Acona, September 2023)

4-8 September 2023 | Ancona, Italy

The Università Politecnica delle Marche (Ancona, Italy), is organizing the 2nd summer school on Agent-Based Stock-Flow Consistent (AB-SFC) macroeconomic modelling from the 4th to the 8th of September 2023. The school will use a "hands-on" perspective: each frontal theoretical lecture will be followed by a laboratory in which the students will have the chance to work firsthand on codes (using mainly R) supported by the school's lecturers.

The school is organized by the Department of Economic and Social Sciences (DiSES) of the Università Politecnica delle Marche, in collaboration with the Department of Management (DiMA), and with the support of INET - YSI (young scholars initiative), and the European Association for Evolutionary Political Economy (EAEPE).

How to Apply:

Send a CV, a motivation letter, and a recommendation letter by your supervisor to: absfc2023@gmail.com

For further details, please visit absfc2023.univpm.it

Deadlines:

3rd MMT Summer School (Poznań, September 2023)

September 5-7, 2023 | Poznań, Mostowa 10 Street, Poland

The third edition of MMT Summer School in Poznań is intended for economics students, PhD students, practitioners and early-career researchers interested in the Modern Monetary Theory. We provide an international learning environment for those interested in deepening their knowledge of the modern money: its origins, the notion of tax-driven money, inflation, modeling MMT’s price theory, and the MMT-based policy proposals, such as Job Guarantee and Green New Deal.

Over three days, participants will have an opportunity of attending lectures, presenting their views and ideas, as well as discussing them with highly competent faculty. They will also take part in the special event that focuses on the political economy of the Eurozone.

The participants will also improve their critical thinking and analytical skills by attending lectures on development finance, heterodox microeconomics and de-dollarization debate.

The application procedure, topics, events connected to the School and a short description of MMT can be found below.

Application procedure

We encourage all prospective participants to send us a short Letter of Application (max. 600 words) along with a short CV. Application letter should cover three areas: (i) your economic and possibly research interests; (ii) personal statement outlining your interest in the Summer School; (iii) how did you learn about the MMT.

To apply for the MMT Summer School please follow this link.

Deadline for Applications is June 30, 2023. Applicants will be informed about the acceptance decision until July 10, 2023.

School’s confirmed speakers

Application and organizational details

The School is organized by Edward Lipiński Foundation for Promoting Economic Pluralism in cooperation with Heterodox Publishing House and Pufendorf Gesellschaft.

For more information, please contact the Organizing Team by email: m.czachor@fundacjalipinskiego.pl & k.szadkowski@fundacjalipinskiego.pl

9th EAEPE Pre-conference Workshop for Young Scholars (Leeds, September 2023)

12 September 2023 | Leeds, UK

EAEPE organizes, together with the Philosophy of Economics Working Group of the INET YSI, the 9th Annual EAEPE Pre-Conference on:

"Power of economics without power in economics?"

EAEPE seeks to institutionalize and deepen the involvement of and the exchange with young scholars and student initiatives at the association’s annual conference. One of the key forums for young scholars at EAEPE is the annual pre-conference that comprises a series of workshops by distinguished scholars, accompanied by social space to interact and network. Organized by a team of young scholars, the pre-conference was first launched in Genova (2015). This year, EAEPE and the Philosophy of Economics Working Group of the INET YSI are putting their forces together to organize the 9th pre-conference workshop which will be held on September 12th in Leeds, UK.

This year’s pre-conference workshop will center around the topic of power in Economics: Power relations dominate most social and economic processes. Despite its significance, however, the concept of power is either neglected or limited in standard economics. This leads to blind spots regarding the link between capitalism and crises, like the climate crisis, the future of work and gender inequality. Moreover, the power dynamics in access to and within the discipline of economics reinforce and favor the entrenchment in existing ideas and, therefore, provoke an epistemological crisis in economics. How, then, can economics be powerful in understanding, explaining and, ideally, tackling the multiple crises of our time without embedding the concept of power in its analysis?

Following the talks, participants will have the chance to part-take in group discussions on the future of the discipline of economics, the role of power therein and potential approaches to jointly analyze power relations, crisis tendencies and economic outcomes. Furthermore, there will be a get-together session where young scholars will introduce themselves and their research interests and get the chance to get feedback from and pair up with other young and senior scholars. Coffee break, lunch, and a social dinner will provide further space to connect and warm up for the main conference. All pre-conference participants are warmly invited to participate at EAEPE’s main conference as well.

Registration to the Pre-Conference

Participation in the pre-conference (including all meals and social dinner) are free of charge for those who registered for the main conference.

During the registration process for the main conference, you can select participation at the pre-conference. Please register for the main conference by choosing the conference fee for PhD/Master students. This is reduced rate (99 euro) for PhD/Master students who are EAEPE members and covers the costs of coffee breaks and two lunches during the main conference. There is a Special Rate Membership for PhD and Master students.

Pre-conference registration opens on May 15, 2023, and closes on June 15, 2023. Please note that registration is not a confirmation of participation, but an application. You will receive a notification of acceptance per email by the pre-conference organizers around June 20.

Financial support

A limited number of fee waivers are available for students and young researchers without funding opportunities. Applicants must provide a written statement of their supervisor or a faculty member of their study or PhD program confirming that they do not have financial support. Students without a paper presentation in the main conference need to submit a short motivation letter, explaining how participation could potentially benefit their academic development. Fee waiver applications are submitted through the EAEPE fee waiver application, which opens on May 15 2023 and closes on May 31 2023.

In addition, we have some limited financial funds available to partially cover the travel expenses of young scholars who do not have support from their home institutions. To apply for, please send a short application letter before May 31st, 2023 to eaepe.preconference@gmail.com.

Pre-Conference Registration Deadline: 15 June 2023

Application Deadline (fee waver, stipend): 31 May 2023

AFEE Early Career and Grad Student Workshop (Washington DC. August 2023)

14-18 August 2023 | Washington DC, USA

The Association for Evolutionary Economics (AFEE) is holding a three-day workshop over the week of August 14-18, 2023 in Washington DC.

The workshop will include discussants from the AFEE community and will cover both theoretical and applied topics within Original Institutionalism. We will also cover nuts-and-bolts topics such as the mechanics of journal publishing, job market advice and experiences, and general discussions about how to survive as a heterodox economist. Participants will have the opportunity to question and discuss with Original Institutional economists during the sessions as well as socialize during the informal gatherings planned throughout our time together.

There is no registration fee, hotel rooms will be provided, meals (from breakfast on August 15 through lunch on August 17, inclusive) will be provided and transportation expenses (up to $300) will be covered. There will be places for 20-25 participants.

Interested early career academics and grad students can apply here.

Applications are due by May 31, 2023 and participants will be notified by June 15, 2023 at the latest. If you have any further questions, please contact Mary Wrenn at mary.wrenn@uwe.ac.uk.

Deadline for applications: 31 May 2023

International Planning for Freedom: Otto Neurath's democratic planning theory in the context of the climate crisis (Vienna, June 2023)

12-13 June 2023 | Vienna, Austria

A cooperation between Institute Vienna Circle (University of Vienna), Vienna Circle Society (Vienna), Chamber of Labor (Vienna), FWF Project Isotype. Origin, development, legacy (P 31500), Wien Museum.

Only a few years ago it was hardly imaginable that demands for planned economy measures would be raised and publicly discussed again. Now the time has come. Ulrike Herrmann's book "Das Ende des Kapitalismus. Warum Wachstum und Klimaschutz nicht vereinbar sind – und wie wir in Zukunft leben werden" (2022) is a bestseller. Her central thesis is discussed in numerous public media: The transition from growth-dependent capitalism to a social and ecological circular economy will only be possible through a "private planned economy".

What she understands by this has striking similarities with the ideas of economic planning that Otto Neurath conceived even before the First World War and continued to develop until the end of his life in 1945. An important point of reference for Neurath was Josef Popper-Lynkeus. The latter justified the demand for overall social planning with a radically individualistic ethic. Seen from today, this combination is surprising and inspiring - not least because Popper-Lynkeus and Neurath were among the first to introduce ecological viewpoints into economics.

A highlight of the conference will be the screening of the film "Land of Promise" (UK 1946). The film was conceived by Neurath as a "film argument" and directed by Paul Rotha. It argues for combating the housing shortage in post-war England with extensively planned housing programme. The arguments put forward in the film bear a remarkable resemblance to the arguments Ulrike Herrmann puts forward today for a "private planned economy" as a transition to a circular economy.

Schedule

Summer School on Cambridge Social Ontology (Cambridge, August 2023)

5 August – 9 August 2024 | Newnham College, Cambridge, UK

A three-day Summer Schoolon Cambridge Social Ontology will be held in Cambridge UK, in August 2024. It will be immediately followed by an associated two-day workshop on Current issues and developments in social positioning theory. The five-day event will be hosted by the Cambridge social ontology group.

Topics covered at the summer school will include (Cambridge) social positioning theory and its bearings on various (topical) ontological issues in modern social theorising, such as the natures of money, gender, the corporation, artefacts, technology and the human social individual. The treatment of these sorts of issues in alternative accounts or theories of social ontology will also be covered. The aim is to provide a learning forum in social ontology for scholars interested in Cambridge social ontology.

The summer school will involve up to 30 participants (in addition to presenters) and be primarily aimed at postgraduate students and early career academics in economics and cognate disciplines, although applications from all students as well as academics in any discipline (and others) and at any career stage will be considered.

Teaching on the summer school will be provided by members and associates of the Cambridge social ontology group. Organisational and teaching support will also be provided by members of the social ontology research unit at King’s College London.

The summer school (teaching, rooms, food and board, etc) is fully funded, excepting for the cost of travel to Cambridge. Those for whom travel funding is otherwise impossible will be able to apply for additional support from a limited hardship fund. Details as to how to apply to the hardship fund will be provided in due course.

The organisers are grateful to the Cambridge Political Economy Society Trust and the Independent Social Research Foundationfor generous financial support.

Places on the summer school will be allocated according to demonstrated interest in issues of social ontology, especially where related to the topics of the summer school.

To apply for the summer school, click here.

The two-day workshop associated with, and immediately following, the summer school will consist of presentations of papers by invited scholars on Current issues and developments in social positioning theory. It is anticipated that about 75 scholars will attend (including the participants of the summer school, for whom full board for this 2-day event is also funded).

Any inquiries relating to the summer school should be directed to csogsummerschool@gmail.com

Application Deadline: 1 July 2023

The Future of Trade in a Polarized World Order (Vienna, June 2023)

23-25 June 2023 | Vienna, Austria

The Austrian Research Foundation for International Development (ÖFSE) in cooperation with the University of Vienna (Institute for International Development), the Chamber of Labour Vienna, the Rosa Luxemburg Foundation Brussels, the Network Anders Handeln and attac Austria is organizing an international conference on "The Future of Trade in a Polarized World Order".

The conference is transdisciplinary and aims at bringing together representatives of Austrian and European academia with civil society and politics, to reflect together on the current challenges in the field of trade and to advance sustainable and solidarity-based approaches to international cooperation. Keynote speakers include Sandra Polaski (Boston University), Jan Orbie (Ghent Univ.), Melinda St. Louis (Public Citizen), Luciana Ghiotto (Transnational University), among others.

We would like to invite academics, social activists, and policy-makers from civil society, trade unions, and other progressive political organizations to participate in the conference, as the primary aim is to facilitate an exchange between two important communities - the community of critical scholars and researchers on trade policy and the community of trade policy-makers and trade activists.

Due to limited space, we kindly ask you to register here before 16 June 2023.

More information can be found on the conference website. There you can find an overview of the preliminary program and organizational support as well.

Further questions may be directed to t.kofler@oefse.at.

Deadline for Registration: 16 June 2023

The NUSC Summer School (Greenwich, June 2023)

19-23 June 2023 | Greenwich, UK

The University of Greenwich Networks and Urban Systems Centre has multi-disciplinary expertise exploring the expanding frontiers of urban challenges and opportunities to improve quality of life, competitiveness and sustainability. With expertise in transport, supply chain and social network systems, we focus primarily on:

We have the largest concentration of business network analysts in Europe, applying the techniques of organisational network analysis to a wide range of business problems, re-conceiving individual firms, organisations and markets as structured relationships.

NUSC Summer School

The NUSC Summer School provides opportunities for those both new to network and data science and those who wish to consolidate or expand existing knowledge in the field. Three distinct courses offer an introduction to social network analysis, a workshop on social media and text-mining with R, and an introduction to relational event modelling. The courses will be provided in an in-person, campus environment, in the iconic UNESCO world heritage site of the University of Greenwich, in London.

The courses are aimed to equip postgraduate students, researchers and social science practitioners with skills to apply in practical projects. This is an in-person event only. Early bird rates closing soon.

Programme

Each course runs 10:00-16:00 each day:

  1. Doing Research with SNA: Tools, Theories, and Applications, June 19th-21st.
  2. Organisational Network Analysis with xUCINET in R, June 22nd-23rd.
  3. Topic Modelling for Literature Reviews, June 19th
  4. Social Media and Text Mining in R, June 20th.
  5. Relational Event Models (REMs) for the Analysis of Social Networks: A Hands-on Introduction, June 21st-22nd.
  6. R and Github for Research, June 23rd.

For further details and course descriptions, please visit the official website.

Workshop on "Histories of Economics Inside and Outside" (Nijmegen, June 2023)

5-6 June 2023 | Radboud University, Nijmegen, Netherlands

Workshop Theme: "Histories of Economics Inside and Outside"

Economics as, arguably, the most influential social and policy science, has been a fascinating topic of historical and critical reflection. For the most part, this reflection has been undertaken by historians of economics. However, the history of economic ideas is increasingly studied by various scholars in the humanities and other social sciences who are motivated to do so by the influence of economic thinking on our culture and society. Our aim is to make visible the work done in various communities, to learn from their diverse experiences, to start a dialogue and seek for possibilities of convergence. In this workshop, supported by the New Initiatives Fund of the History of Economics Society, we bring together historians of economics with scholars from a variety of disciplines, from intellectual history and comparative literature to anthropology, political philosophy and sociology, to study the historical contexts and the present significance of the key economic concepts such as markets, commons, rationality, economic policy and governmentality.

The workshop is organized by Ivan Boldyrev (Radboud University) and Erwin Dekker (George Mason University), with the participation of Joseph Albernaz (Columbia University); Sonja Amadae (University of Helsinki); Eleanore Courtemanche (University of Illinois Urbana-Champaign); Verena Halsmayer (University of Lucerne); Kevin Hoover (Duke University); Pavel Kuchař (King’s College London); Andreas Langenohl (University of Giessen); Alex Morales (University of Georgia); Edward Nik-Khah (Roanoke College); José Ossandón (Copenhagen Business School); Daniel Zamora Vargas (Université Libre de Bruxelles); Tetiana Zemliakova (European University Institute).

If you wish to participate, please send an e–mail, before the 31st of May, to Ivan Boldyrev (ivan.boldyrev@ru.nl)

Application Deadline: 31 May 2023

Job Postings

Joint Research Centre/European Commission, Sevilla

Job title: research fellow on "Economics of Digital Innovation"

The Joint Research Centre (JRC) is the science and knowledge service of the European Commission: our mission is to support EU policies with independent evidence throughout the whole policy cycle.

The current vacancy is in the Digital Economy Unit of the Directorate for Digital Transformation and Data. The unit studies the current and emerging facets of digital transformation, and its impacts on the European economy, society and environment, in support of EU digital policies. In particular, the unit provides techno-socio-economic research on the impacts and strategic role of digital technologies, data and digital platforms for the economy and society, as well as on digital skills and digital education, and the modernisation of the public sector.

A Europe fit for the digital age is among the key priorities of the current Commission. It promotes digitalisation of businesses as a way of increasing the competitiveness of the European economy and achieving its climate-neutrality targets. Digital Europe Programme is one of the key tools facilitating the twin transition by adoption of digital technologies, and bringing them to businesses, citizens and public administrations.

We are seeking a highly motivated scientist with a strong background in the economics of digital innovation. The successful candidate will analyse the patterns and impacts of digital technologies adoption, innovations they enable, and the ecosystems in which they are created. S/he will join a dynamic team of researchers and policy analysts who are dedicated to support the development of digital innovation policies at the European level.

We offer:

The successful candidate will analyse the digital weaknesses and opportunities of European businesses, in particular SMEs, and provide policy recommendation concerning a broad uptake of digital technologies necessary to increase the competitiveness, resilience and sustainability of the European economy.

In particular, the jobholder will:

We are looking for a highly motivated and collaborative scientist with a keen interest in EU policies and a strong background in the economics of digital innovation and digitalisation, with the following skills/experience (essential):

The following skills/experience are desirable:

The candidate should also have a very good level (C1) of English.

How to apply

If you are already on a valid CAST FGIV reserve list, or you have already applied to one of the calls below, you can directly submit your application at http://recruitment.jrc.ec.europa.eu/?type=AX. If not, before applying to this position, you must register for one of the two following calls:

Note that each of the calls above has different minimum eligibility requirements and different selection tests.

For further information and application please visit the official website.

Application Deadline: 1 June 2023 (23:59 Brussels time)

Roskilde University, Denmark

Job title: PhD fellow of international studies

The Department of Social Sciences and Business, Roskilde University, invites applications for a position as Ph.D. fellow of international studies from January 2nd, 2024 or as soon as possible thereafter. The position as Ph.D. is limited to a period of 3 years. You will be enrolled as a Ph.D. fellow at the Doctoral School of Social Sciences and Business with approximately 40 Ph.D. fellows from all over the world. You will be provided with two dedicated supervisors who will coach you throughout the process.

The Doctoral School of Social Sciences & Business (ISE) provides Ph.D. training and research within an interdisciplinary, international, and professional environment. It is part of a dynamic community of researchers who share a commitment to understanding society in diverse contexts of change and global engagement. Researchers come from all over the world and engage in topics that are geographically, theoretically, and methodologically diverse The Doctoral School has one PhD program. The program offers work-in-progress seminars, thematic professional development seminars, feedback and social activities for the enrolled PhD fellows.

As a Ph.D. fellow, you will be associated with the research area of international studies, which covers the research groups:

Responsibilities

As a PhD fellow you are trained at an international level to undertake research, development and teaching assignments. You are responsible for carrying out independent research under supervision and receive constructive feedback in the PhD program in order to finish your PhD thesis. During your employment you are required to take 30 ECTS of course work, gain experience of teaching activities and have a stay at another research environment in Denmark or abroad.

Qualifications

You must hold a master’s degree or equivalent within a social science discipline, such as Political Science, International Relations, Economics, Development Studies, Sociology, Anthropology or Area Studies. We emphasize the following qualifications:

You are required to be enterprising and to possess good communication skills and to be a visible, involved participant in the Department’s daily activities, in addition to being willing to engage in disciplinary and interdisciplinary collaboration across the department.

For full details about this position please visit the posting site. For further information, please contact the Head of the Doctoral School Hanne Marlene Dahl +4546742922 or for administrative or technical questions, please contact PhD coordinator Ida Bruhn Bull on tel. +45 4674 3279 or email: ibbull@ruc.dk.

To apply, please visit the online application portal. Only applications in English are accepted. Applications must include:

Deadline for applications: 1 August 2023

Scuola Superiore Sant'Anna di Pisa, Italy

Job title: Postdoctoral Researcher

The project will develop a novel agent-based model to study the complex relationships between climate change, agricultural productivity, and socioeconomic inequalities in the context of rural and low-income economies. The model will be informed by data covering crop production, biodiversity, climate and weather conditions, and socioeconomic variables for a set of Global South countries. The successful candidate will contribute to all the steps of the analysis (model development, calibration, validation, and scenario assessment through extensive simulations) and collaborate with an interdisciplinary team to deliver high-impact research publishable in excellent international scientific outlets. Experience with agent-based modeling and spatial data is an asset. Some knowledge of R, Python, Matlab, or C++ is requested.

Further information may be found at the following link:
https://euraxess.ec.europa.eu/jobs/102973

Awards

Call for Nominations: AISPE Awards 2023

AISPE is inviting nominations for the Awards that will be announced at the next AISPE General Assembly, to be held on October 19-21, 2023 in Palermo during our AISPE-SISE conference.

The winners will receive 500 euros and a diploma. Nominations should be sent as soon as possible, but not later than May 31, 2023 to the Chair of the relevant panel.

Nominations should include:

Rules for Awards:

For more information please visit the official website.

Nomination Deadline: 31 May 2023

Journals

Brazilian Journal of Political Economy 43 (2)

Adalmir Marquetti, Eduardo Maldonado Filho, Alessandro Miebach, Henrique Morrone: Uma interpretação da economia brasileira a partir da taxa de lucro: 1950-2020

Carlos Henrique Horn, Luiza Pecis Valenti, Ben-Hur dos Santos Petry: A crise argentina de 2018: antecedentes e interpretação

Otavio Junio Faria Neves, Ana Márcia Rodrigues da Silva: The effects of multidimensional well-being growth on poverty and inequality in Brazil over the periods of 2004-2008 and 2016-2019

Omar Chabán-García, Antonio Luis Hidalgo-Capitán: Green economy and green jobs: a multisectoral analysis by means of Spain’s social accounting matrix

Demian Fiocca: The prosperous decade of 2004-2013 and new developmentalism

Paulo César Morceiro, Joaquim José Martins Guilhoto: Sectoral deindustrialization and long-run stagnation of Brazilian manufacturing

Eduardo Loría: Mexico: the Great Depression and the Coronacrisis, 1929 and 2020

Rosa Maria Marques, Mariana Ribeiro Jansen Ferreira: O financiamento do SUS no enfrentamento da pandemia de Covid-19

Luiz Carlos Bresser-Pereira: The theory of inertial inflation: a brief history

Diego Carneiro, Maitê Shirasu, Guilherme Irffi: Identificando a discriminação racial pelo diferencial de desempenho dos estudantes do Ensino Médio

Ijean Gomes Riedo, Manoel João Ramos, Flavia Piccinin Paz Gubert, Aldi Feiden: Institucionalismo e suas relações com o desenvolvimentismo: Passado, presente e futuro

Ecological Economics 209

Nir Becker, Yanay Farja, Asael Greenfeld, Nonka Markova-Nenova, Frank Wätzold: A blueprint for addressing conflicts between ecotourism and farming from an economic perspective: The case of wintering crane conservation in the Hula Valley in Israel

Alessia Cavaliere, Elisa De Marchi, Enrica Nadia Frola, Alessandro Benfenati, Giacomo Aletti, Jacopo Bacenetti, Alessandro Banterle: Exploring the environmental impact associated with the abandonment of the Mediterranean Diet, and how to reduce it with alternative sustainable diets

Subrata Koiry, Wei Huang: Do ecological protection approaches affect total factor productivity change of cropland production in Sweden?

Carole Daniel, Elodie Gentina, Tavleen Kaur: Mindfulness and green purchase intention: A mediated moderation model uncovering the role of ethical self-identity

Josef Kaiser, Tobias Krueger, Dagmar Haase: Global patterns of collective payments for ecosystem services and their degrees of commodification

Philip Tafarte, Paul Lehmann: Quantifying trade-offs for the spatial allocation of onshore wind generation capacity – A case study for Germany

Anelí Bongers, José L. Torres: Orbital debris and the market for satellites

Kelvin Mulungu, Nicholas Kilimani: Does forest access reduce reliance on costly shock-coping strategies? Evidence from Malawi

Eric Kulanthaivelu: The impact of tropical cyclones on income inequality in the U.S.: An empirical analysis

Juan Carlos Zamora-Pereira, Marc Hanewinkel, Rasoul Yousefpour: Robust management strategies promoting ecological resilience and economic efficiency of a mixed conifer-broadleaf forest in Southwest Germany under the risk of severe drought

Yuyuan Che, Hongli Feng, David A. Hennessy: Will adoption occur if a practice is win-win for profit and the environment? An application to a rancher's grazing practice choices

Huaxi Yuan, Longhui Zou, Yidai Feng: How to achieve emission reduction without hindering economic growth? The role of judicial quality

Pierre Jacques, Louis Delannoy, Baptiste Andrieu, Devrim Yilmaz, Hervé Jeanmart, Antoine Godin: Assessing the economic consequences of an energy transition through a biophysical stock-flow consistent model

Håkon Grøn Sælen, Marianne Aasen: Exploring public opposition and support across different climate policies: Poles apart?

Esther Kemigisha, Fred Babweteera, Johnny Mugisha, Arild Angelsen: Payment for environmental services to reduce deforestation: Do the positive effects last?

Eftichios Sartzetakis, Anastasios Xepapadeas, Athanasios N. Yannacopoulos: Environmental regulation with preferences for social status

Na Zhao, Keqing Wang, Yongna Yuan: Toward the carbon neutrality: Forest carbon sinks and its spatial spillover effect in China

Anna Maria Lis, Marta Mackiewicz: The implementation of green transformation through clusters

Christian Wilson, Ben Caldecott: Investigating the role of passive funds in carbon-intensive capital markets: Evidence from U.S. bonds

Rohan Best, Andrea Chareunsy, Madeline Taylor: Changes in inequality for solar panel uptake by Australian homeowners

Maksuda Mannaf, Sarah Ann Wheeler, Alec Zuo: Global and Local Spatial Spill-Overs: What Matters Most for the Diffusion of Organic Agriculture in Australia?

Stefan Gössling, Jessica Kees, Todd Litman, Andreas Humpe: The economic cost of a 130 kph speed limit in Germany

Jakob Kapeller, Stuart Leitch, Rafael Wildauer: Can a European wealth tax close the green investment gap?

Shanshan Wu, Jing Zhang, Robert J.R. Elliott: Green securities policy and the environmental performance of firms: Assessing the impact of China's pre-IPO environmental inspection policy

Rohit Azad, Shouvik Chakraborty: An Indian Green Deal

Dennis Engist, Robert Finger, Peter Knaus, Jérôme Guélat, David Wuepper: Agricultural systems and biodiversity: evidence from European borders and bird populations

Matthew Gorton, Ching-Hua Yeh, Elena Chatzopoulou, John White, Barbara Tocco, Carmen Hubbard, Fiona Hallam: Consumers' willingness to pay for an animal welfare food label

Mario Biggeri, Luca Bortolotti, Donatella Saccone, Mattia Tassinari: Policy and political challenges for a better world: The United States and China pathways towards the 2030 Agenda

Insa Thiermann, Daniel Schröer, Uwe Latacz-Lohmann: Are German farmers ready for a ‘warm restructuring’ of the pig sector?

Ewan McTaggart, Itamar Megiddo, Adam Kleczkowski: The effect of pests and pathogens on forest harvesting regimes: A bioeconomic model

Sophus O.S.E. zu Ermgassen, Michal P. Drewniok, Joseph W. Bull, Christine M. Corlet Walker, Mattia Mancini, Josh Ryan-Collins, André Cabrera Serrenho: Corrigendum to “A home for all within planetary boundaries: Pathways for meeting England's housing needs without transgressing national climate and biodiversity goals” [Ecological Economics Vol 201 (2022) 107562]

Economic Thought: History, Philosophy, and Methodology 11 (1)

Jean Cartelier: About the “Dual Character of Labour”: a Reformulation of Marx’s Commodity Theory

Arturo Hermann: The Interpretation of Ownership: Insights from Original Institutional Economics, Pragmatist Social Psychology and Psychoanalysis

Rati Mekvabishvili: On the Importance of Altruism, Prosocial Behavior and Christian Love in Behavioral Economics research

Peter Earl: Reply to Rati Mekvabishvili’s ‘On the Importance of Altruism, Prosocial Behavior and Christian Love in Behavioral Economics research’

Gigi Foster: Reply to Rati Mekvabishvili’s ‘On the Importance of Altruism, Prosocial Behavior and Christian Love in Behavioral Economics research’

Rafael Galvão de Almeida: Limits to economics, religion and (maybe) everything else: Reply to Rati Mekvabishvili’s ‘On the Importance of Altruism, Prosocial Behavior and Christian Love in Behavioral Economics research’

Evolutionary and Institutional Economics Review 20 (1)

Takahiro Fujimoto: Production economy and industry studies

Mitsuharu Miyamoto, Hiroatsu Nohara: How Japanese firms address the issues of environment, society, and governance: a corporate governance perspective

Makoto Nishibe: Diversification and evolution of post-modern money as “ideational money”: from MMT to PMMT

De-Chih Liu: Unemployment persistence with an evolutionary perspective: job creation or destruction (or both)?

Nicolas D. Cole: Endogenous constraints on full productive capacity in a free-market economy

Jean-Paul Chavas: On the role of social rules in economic development: historical perspectives

Wen Pan, Madeleine O. Hosli, Michaël Lantmeeters: Historical institutionalism and policy coordination: origins of the European semester

History of Economics Review 84 (1)

Nobuhiko Nakazawa: A Personal Tribute to John Pullen (1933–2022)

Dimitrios Nomidis: Revisiting Cournot and Neoclassical Economics

Peter B. Dixon: H. David Evans, 1941–2022: Progenitor of Computable General Equilibrium Modelling in Australia

John Creedy: J. A. C. Brown: Early Economic Modelling and Applied Econometrics in the UK

Industrial and Corporate Change 32 (3)

Anne-Marie Coles and others: A “poor man’s carriage”: system building and social interactivity in UK urban tramway development, 1860–1890

John Cantwell and Anna Spadavecchia: Which actors drove national patterns of technological specialization into the science-based age? The British experience, 1918–1932

Maryann P Feldman and others: The temporal value of local scientific expertise

Laurent R Bergé and others: How patent rights affect university science

Victor Zitian Chen and others: Board social ties, institutional change asynchronicity, and performance

Gary B Gorton and Alexander K Zentefis: Social progress and corporate culture

Christian Richter Østergaard and Jacob Rubæk Holm: Regional static diversification and relatedness between industries

Yoo Jung Ha: Downstream foreign MNEs and local suppliers’ innovation in a dynamic environment: the moderating effect of network diversity

PSL Quarterly Review 76 (304)

Gianmarco Oro: Exploitation of natural resources and the low-carbon switching of techniques inside linear production schemes

Ricardo Barradas, Inês Tomás: Household Indebtedness in the European Union Countries: Going Beyond the Mainstream Interpretation

Jacopo Temperini, Marcella Corsi: Democratizing money? The role of cryptocurrencies

SPECIAL SECTION: THE FUTURE OF REFORMED CAPITALISM

Robert Guttmann: Can we reform capitalism for its own good? A roadmap to sustainability

Review of Behavioral Economics 10 (1)

Morris Altman: Editorial

Mei Wang, Marc Oliver Rieger, Sebastian Reitz and Yanping He-Ulbricht: Economic Individualism, Perceived Fairness, and Policy Preference: A Cross-Cultural Comparison

Ashutosh Sarker, Wai Ching Poon, Shamsul Haque and Gamini Herath: Rationality and Emotionality Interplay and Economic Contributions: A Neuroeconomics Experiment

Daniel M. Nedelescu: Fairness and Arbitration Mechanisms

Review of Social Economy 81 (2)

Asimina Christoforou: ‘Give me your watch and I will tell you the time’: crisis and austerity in the European Union from a Bourdieusian perspective

Yannick Rumpala: The dynamics and conditions of material forms of ‘commons-based peer production’. Towards a reappropriation of living conditions?

Mark Stelzner & Mark Paul: Monopsony and collective action in an institutional context

Ana Carolina Cordilha: Public health systems in the age of financialization: lessons from the French case

Theodore Koutsobinas: Attribute substitution, earlier-generation economic approaches and behavioural economics

Kirsten Madden & Nicholas Armstrong: Designing a virtuous political economy: an adaptation of Unto This Last emphasizing individual conscience and self determination

Books and Book Series

Bourdieu and Marx: Practices of Critique

edited by Gabriella Paolucci | 2022, Palgrave Macmillan

This book is the first sustained work reflecting on the relations between these two major theorists, and includes contributions from major writers drawing from both scholarly traditions. This new book especially focuses on 'the practice of critique' that both thinkers exercised vigilantly throughout their careers. We reflect that ongoing dialogue with the entire body of Marxian critique is a constant in Bourdieu's writings, most clearly evidenced by the adoption of a critical perspective on the social world, and reinforced by the repeated references to Marx’s texts.

Please find a link to the book here.

Aid Imperium: United States Foreign Policy and Human Rights in Post-Cold War Southeast Asia

by Salvador Santino F. Regilme Jr. | University of Michigan Press, 2023

How US foreign policy affects state repression

Does foreign aid promote human rights? As the world’s largest aid donor, the United States has provided foreign assistance to more than 200 countries. Deploying global numerical data on US foreign aid and comparative historical analysis of America’s post–Cold War foreign policies in Southeast Asia, Aid Imperium provides the most comprehensive explanation that links US strategic assistance to physical integrity rights outcomes in recipient countries, particularly in ways that previous quantitative studies have systematically ignored. The book innovatively highlights the active political agency of Global South states and actors as they negotiate and chart their political trajectories with the United States as the core state of the international system. Drawing from theoretical insights in the humanities and the social sciences as well as a wide range of empirical documents, Aid Imperium is the first multidisciplinary study to explain how US foreign policy affects state repression and physical integrity rights outcomes in Southeast Asia and the rest of the Global South.

For orders in North America: https://www.press.umich.edu/12036762/aid_imperium (UMF21 - 30% Discount code)

For the rest of the world: https://www.eurospanbookstore.com/book/detail/aid-imperium/?k=9780472039272

Ask Dr. Dollar: Essays on Economic Power, Inequality, and Climate Change

by Arthur MacEwan | 2023, Dollars & Sense

Over the last 25 years, Arthur MacEwan (a.k.a. “Dr. Dollar”) has provided Dollars & Sense readers with analyses, information, and arguments about the U.S. and world economies to better equip them to bring about progressive social change. This effort, embodied in the articles in this book, represents what has been the mission of Dollars & Sense, the leading magazine of popular economics, since its founding in 1974. The well-researched, clearly written articles in this book provide highly accessible analysis of a range of issues, including tax and financial policies, inequality, and the environment and climate change, as well as the global economy, finance, and education.

Please find a link to the book here.

Book Collection on "Decolonization"

As a taster of our publishing in Decolonization, Bristol University Press Digital put together a collection of free articles, chapters and Open Access titles.

Peter Squires, Roxana Pessoa Cavalcanti, Zoha Waseem: 1: Introduction: Southern and Postcolonial Perspectives on Policing, Security and Social Order

Simone Varriale: Introduction

Peter Jackson, Matt Watson: Decolonising consumption

Folúkẹ́ Adébísí: Introduction: Setting the Scene of the Law School and the Discipline

Daniel Künzler: Social policies driven by labour scarcity: colonial social policies in the concession economies of the United Nation subregion Middle Africa and their legacy

Gurminder K. Bhambra, Peter Newell: More than a metaphor: ‘climate colonialism’ in perspective

Lara Monticelli: Introduction

Martin Lemberg-Pedersen, Sharla M. Fett, Lucy Mayblin, Nina Sahraoui, Eva Magdalena Stambøl: 1: Introduction

Marisela Montenegro, Joan Pujol: Cultural transformation of university social work curricula: Black Lives Matter and the Spanish colonial past

Roberta Sassatelli, Stefan Wahlen, Daniel Welch: Decolonising consumption, the hegemony of consumer culture and the politics of consumption: an interview with Roberta Sassatelli

Find more articles, books and chapters online.

Ecological Money and Finance. Exploring Sustainable Monetary and Finance Systems

Edited by Thomas Lagoarde-Segot | Palgrave-Macmillan, 2023

This textbook provides a detailed overview of ecological money and finance. The functioning and development of the monetary and financial systems are analysed in relation to sustainability constraints to highlight the actions required to meet the 2030 Sustainable Development Agenda. Empirical case studies are utilized to give insight into the failure of the traditional financial system, with ways in which they can be overcome also considered. This book adopts a pluralist perspective informed by Post-Keynesian Economics, critical management studies and ecological economics to revisit the foundations of financial and monetary economics from a sustainability perspective, and to examine the economic policies and financial instruments that can be used to combat ecological challenges. It will be relevant to students and researchers interested in ecological economics and sustainable finance.

Please find a link to the book here.

Foundations of Real-World Economics: What Every Economics Student Needs to Know (3rd edition)

By John Komlos | Routledge, 2023

The 2008 financial crisis, the rise of Trumpism, and the other populist movements which have followed in their wake have grown out of the frustrations of those hurt by the economic policies advocated by conventional economists for generations. Despite this, textbooks remain frozen in time, continuing to uphold traditional policies as though nothing has happened.

Foundations of Real-World Economics demonstrates how misleading it can be to apply oversimplified models of perfect competition to the real world. The math works well on college blackboards but not so well on the Main Streets of America. This volume explores the realities of oligopolies, the real impact of the minimum wage, the double-edged sword of free trade, and other ways in which powerful institutions cause distortions in mainstream models. Bringing together the work of key scholars like Kahneman, Minsky, and Schumpeter, this textbook takes into consideration the inefficiencies that arise when the perfectly competitive model is applied to the real world dominated by multinational oligopolies. The third edition has been updated throughout, bringing in new material on the financial crises, the rise of populism, racism, inequality, climate change, and the Covid-19 pandemic.

A must-have for students studying the principles of economics as well as micro- and macroeconomics, this textbook redresses the existing imbalance in economic teaching as John Komlos focuses on the paradigm of humanistic economics.

Please find a link to the book here.

Marketization: How Capitalist Exchange Disciplines Workers and Subverts Democracy

by Charles Umney & Ian Greer’s | Bloomsbury, 2023

How do markets function? Who creates, shapes and organizes them? And what do they mean for the relationship between labor and capital?

Marketization examines how the state and capital use markets to discipline the working class. Ian Greer and Charles Umney provide a comprehensive overview of the European political economy, from the European Commission to the workplace, to show how neoliberal principles translate into market mechanisms and reshape the lives of workers.

Drawing on dozens of conversations with policymakers, administrators, businesses, workers, and trade unionists across many European countries, Greer and Umney unpack marketization. They go beyond liberal theories that see markets as natural forms of economic organization and broad-brush left critiques of neoliberalism, looking behind the scenes in the current European political economy to examine the practicalities of how markets are created and manipulated by employers, policymakers and bureaucrats in pursuit of greater profitability. Far from leading to greater freedom, these processes often override the rights of individuals, degrade the status and security of workers, and undermine democratic accountability.

Please find a kink to the book here.

Marx in the Anthropocene – Towards the Idea of Degrowth Communism

by Kohei Saito | Cambridge University Press, 2023

Facing global climate crisis, Karl Marx's ecological critique of capitalism more clearly demonstrates its importance than ever. This book explains why Marx's ecology had to be marginalized and even suppressed by Marxists after his death throughout the twentieth century. Marx's ecological critique of capitalism, however, revives in the Anthropocene against dominant productivism and monism. Investigating new materials published in the complete works of Marx and Engels (Marx-Engels-Gesamtausgabe), Saito offers a wholly novel idea of Marx's alternative to capitalism that should be adequately characterized as degrowth communism. This provocative interpretation of the late Marx sheds new lights on the recent debates on the relationship between society and nature and invites readers to envision a post-capitalist society without repeating the failure of the actually existing socialism of the twentieth century.

Please find a link to the book here.

The Decline and Fall of Neoliberalism: Rebuilding the Economy in an Age of Crises

by David Cayla — 2023, Routledge

The Decline and Fall of Neoliberalism argues that the neoliberal era – starting after the collapse of the Bretton Woods system – is coming to an end. In the wake of the financial and economic crisis of 2008 and the outbreak of the pandemic in 2019, the doctrine outlined by monetarists appears to offer an inadequate response to the economic instability that characterises our contemporary world.

To deal with the fallout of these crises, central banks have stepped in as major regulators of the economic system through massive interventions to support both financial markets and public spending, marking a clean break with the traditional conception of their role as depoliticised actors. Is the resurgence of inflation a consequence of this reckless strategy over which they seem to have lost control? Or is it rather rooted in an outdated understanding of money and monetary policy? One thing is certain: a profound change in policy is emerging. The growing turmoil in the global economy and the environmental challenges that face us demand an urgent and comprehensive rethinking of the economic role of the state.

This book further develops the analysis presented in Populism and Neoliberalism and takes a closer look at the nature of neoliberalism as a political doctrine. Through this detailed description, it identifies the difficulties within economic thought that prevent it from responding appropriately to contemporary challenges. Drawing from the lessons of history, it proposes a renewed relationship between the state and the market that strikes a balance between planning and self-regulation. A post-neoliberal world is about to dawn, but its shape can still be determined by the path we choose to follow.

Please find a link to the book here.

The Ends of Freedom: Reclaiming America’s Lost Promise of Economic Rights

by Mark Paul | 2023, University Chicago Press

Since the Founding, Americans have debated the true meaning of freedom. For some, freedom meant the provision of life’s necessities, those basic conditions for the “pursuit of happiness.” For others, freedom meant the civil and political rights enumerated in the Bill of Rights and unfettered access to the marketplace—nothing more. As Mark Paul explains, the latter interpretation—thanks in large part to a particularly influential cadre of economists—has all but won out among policymakers, with dire repercussions for American society: rampant inequality, endemic poverty, and an economy built to benefit the few at the expense of the many.

In this book, Paul shows how economic rights—rights to necessities like housing, employment, and health care—have been a part of the American conversation since the Revolutionary War and were a cornerstone of both the New Deal and the Civil Rights Movement. Their recuperation, he argues, would at long last make good on the promise of America’s founding documents. By drawing on FDR’s proposed Economic Bill of Rights, Paul outlines a comprehensive policy program to achieve a more capacious and enduring version of American freedom. Among the rights he enumerates are the right to a good job, the right to an education, the right to banking and financial services, and the right to a healthy environment.

Replete with discussions of some of today’s most influential policy ideas—from Medicare for All to a federal job guarantee to the Green New Deal—The Ends of Freedom is a timely and urgent call to reclaim the idea of freedom from its captors on the political right—to ground America’s next era in the country’s progressive history and carve a path toward a more economically dynamic and equitable nation.

Please find a link to the book here.

Transformation, Agency, and the Economy: The Case for a Grounded Economics

by Lukas Bäuerle | Routledge, 2023

Producing, buying, selling, inventing, destroying, caring, imagining, failing – with their everyday practices, people bring about what we call ‘the economy’. In order to both understand and transform these practices in the context of mounting socio-ecological challenges, respective knowledge on economic practices becomes crucial. Yet, when it comes to the respective scientific discipline – economics – such knowledge is limited due to a long-standing tradition of favouring abstraction and modelling over assessing real-world economic action.

By contrast, this book draws the contours of an economics grounded in real-world phenomena and experiences by outlining the foundations of a Grounded Economics. Building on the philosophical traditions of pragmatism, phenomenology and critical realism, and basic concepts from institutional thought and social scientific practice theories, the book provides a consistent framework to grasp the economy as an ‘unfolding process’. By putting forward a strong account of economic agency, the framework allows to identify and differentiate between multiple pathways for social transformations.

The book addresses readers from all branches of the social sciences seeking a new vision for economic research, particularly within political economy, heterodox economics, science studies and economic sociology.

Please find a link to the book here.

Heterodox Graduate Programs, Scholarships and Grants

Call for Submissions: URPE Dissertation Fellowship 2023

URPE invites doctoral candidates in any discipline with an approved dissertation proposal in the area of radical political economics to apply for the URPE Dissertation Fellowship. The URPE dissertation fellow will receive $6500 to support their dissertation writing during the 2023-2024 academic year. The application for the 2023-2024 URPE Dissertation Fellowship is now open online.

Applicants should submit:

  1. A cover letter describing their background in radical political economics and explaining how the fellowship would contribute to the completion of their dissertation
  2. Curriculum Vitae
  3. Their approved dissertation proposal
  4. Two letters of reference (one of which should be from the dissertation committee chair). Letters of reference should be submitted directly by the letter writer by clicking here.

Please find more information on the official website.

Submission Deadline: 31 May 2023

PhD Scholarships at the Centre for Decent Work, University of Sheffield

Sheffield University Management School (SUMS) is currently advertising PhD scholarships. Four of these scholarships will be for projects attached to SUMS' Centre for Decent Work. The project titles are:

Each project will involve an international collaboration with either the European Trade Union Institute (Project 1), the International Labour Organisation (Project 2) or the University of California Riverside’s Inland Empire Labor and Community Research Center (IELCRC) and California State University – Long Beach (Projects 3 and 4).

Further information about the projects and how to apply is available here.

Deadline for applications: 23 June 2023

TREES (Teaching and Researching Equitable Economics from the South): Grants for research on inequality

TREES (Teaching and Researching Equitable Economics from the South), an initiative of the Center for Studies on Economic Development (CEDE) at the Universidad de los Andes, funded by the Ford Foundation, is seeking research proposals to understand the causes and consequences of inequality.

Nine projects, led by Principal Investigators based in Latin America and the Caribbean, will receive the support of up to COP 60,000,000 each.

This initiative is particularly interested in research proposals incorporating innovative approaches, encouraging dialogue, and facilitating joint knowledge-building between economics and other disciplines. TREES seeks proposals considering the specificities of inequality in the Global South and whose impact goes beyond this specific support, for instance, through initiating a research agenda or establishing new collaborations of greater scope. Candidates with different skills and training backgrounds willing to work on highly innovative research projects are welcome.

TREES will give special consideration to conceptually and methodologically disruptive proposals and contribute to rethinking how we research, educate, and disseminate the economics of inequality. The initiative will give priority to research contemplating non-strictly economic aspects of inequality. TREES welcomes empirical studies and contributions to the measurement, conceptualization, and historicization of inequality. TREES encourages rigorous and intellectually ambitious research on the most pressing inequality questions. TREES seeks research with a lasting impact addressing societal needs or challenges. TREES welcomes proposals from multiple disciplinary and methodological perspectives, both domestically and internationally.

Proposal Guidelines

Interested applicants should fill out and submit the following documents:

1) Research Proposal*: You´ll be expected to include:

​i) References, at most three pages.

*The research proposal (items a-h) may not exceed 7 pages with line spacing equal to or greater than 1.5 and font size equal to or greater than 11p.

2) Budget and Budget Justification: Include each budget item with a brief description and justification. The budget must be proposed in Colombian Pesos (COP). No indirect costs or bonuses for Principal Investigators will be funded. This section may not exceed 1 page with line spacing equal to or greater than 1.5 and font size equal to or greater than 11p.

3) Project Team: Describe the project team and identify the roles, responsibilities, and knowledge base of the Principal Investigator (PI), Co-PI(s), and any supporting researcher(s). If your project includes Co-PIs and other supporting researchers, articulate how the team will work together to complete the research project. Include a current Resume of the PI and Co-PI(s). This section may not exceed 1 page with line spacing equal to or greater than 1.5 and font size equal to or greater than 11p, excluding Resumes.

Eligibility

The PI must be affiliated with a non-profit organization or public/governmental institution willing to serve as the administering organization if the grant is awarded. The host institution must be legally based in Latin America or the Caribbean.

Submission Guidelines

Full proposals for the TREES Research Grant Fund must be submitted by June 18, 2023, at 11:59 PM Bogota time (UTC-5). You will be notified that your submission has been received within one week of submission. Full Proposal documents must be submitted to: trees@uniandes.edu.co

Fur further information please contact the Program Manager TREES Initiative Silvia Mongelós or visit the official website.

Submission Deadline: 18 June 2023, 11:59 PM Bogota time (UTC-5)

Heterodox Economics in the Media

Economic Update

Economic Update with Richard D. Wolff began on a single Pacifica station in March 2011. Today, it is played on 120+ radio stations nationwide and available for video streaming online.

Prof. Wolff’s takes complex economic issues and makes them understandable, empowering listeners with information to analyze not only their own financial situation, but the economy at large. By focusing on the economic dimensions of everyday life - wages, jobs, taxes, debts, interest rates, prices, and profits - the program explores alternative ways to organize markets, and government policies.

Please find a link to the on going season here.