Heterodox Economics Newsletter

Issue 190 December 28, 2015 web pdf Heterodox Economics Directory

A few months ago I commented on Paul Romer's argument on 'mathiness' in the economics profession, a term that has by now gained significant public visibility and even seems to merit a specific mentioning on Wikipedia. In this context I criticized Romer's conception of "science", which he defined as "a process that does lead to shared consensus". This definition seemed awkward to me, not only because it applies to a lot of things, which are clearly 'non-science' (e.g. deciding which movie to watch), but also because it does clearly not apply to large branches of science (e.g. cutting-edge research in the natural sciences). Moreover, I argued that the close identification of "science" and "shared consensus" might foster and legitimize groupthink in the context of an uncertain and hard-to-predict environment. As you might imagine I was quite happy to see that Paul's analysis is actually endogenously evolving and thereby possibly converging to my own point of view as can be assessed from one of his more recent blog posts.

"My conjecture is that the fundamental problem in macro-economics, [...] is that a type of siege mentality encouraged people in this group to ignore criticism from the outside and fostered a definition of in-group loyalty that delegitimized the open criticism that is an essential part of the scientific method. Once this mentality got established, it fed on itself."

Well done Paul, you are actually coming closer to recognizing intellectual closure as one main source of trouble in economics. Here is a guide for finalizing your tour de force: drop the "macro-" from the above statement, reread it and subscribe to this newsletter as a first antidote to further confusion!

All the best,


© public domain

Table of contents

Call for Papers

10th Pan-European Conference on International Relations: Panel on "Alternatives to Capitalism" (Izmir, 2016)

7-10 September, 2016 | Yaşar University, Izmir, Turkey

The programme chairs of the 10th Pan-European Conference on International Relations invite paper, panel, and roundtable proposals for submission to any of the 51 sections on the 2016 programme.

The list of all 51 sections, including section abstracts and the contact information of the section chairs, can be found on the conference website. Please contact the section chairs for any question regarding their section.

There will be no open section: All paper, panel, and roundtable proposals are expected to fit into one of the 51 sections and to be submitted online to the appropriate section. A given proposal can be submitted to only one section at a time. However, it is possible to indicate two further sections to which a paper or panel/roundtable proposal might fit.

All sections welcome individual paper proposals and most welcome panel/roundtable proposals as well — please contact section chairs to enquire about this. Each 105-minute panel/roundtable should comprise five papers/presenters plus a discussant who may also act as panel/roundtable chair.

Proposals (with abstracts of 200 words maximum) must be done online through the EISA conference tool website

Please note that there will be a participation limit of three contributions per participant — whether as paper giver, roundtable speaker, or discussant/chair (any of these roles counts as one contribution).

General deadline for proposals is 8 January 2016.

See below a call for panels and papers for a section in the European International Studies Association


Section title: Mapping Alternative Routes out of Capitalism

The section seeks panels and papers on alternatives to capitalism, and how we might achieve them, both within the capitalist present and on the route to a post-capitalist society.

Please feel free to contact us first to discuss informally ahead of submitting proposals: David Bailey (d.j.bailey@bham.ac.uk) and Phoebe Moore (p.moore@mdx.ac.uk)

Section abstract: The critical study of global capitalism and the hegemony of neoliberalism are both central to the study of international relations and international political economy. International studies has focused less, however, on questioning how (if at all) we might go beyond capitalism. This is despite global capitalism remaining dangerously unstable, not least because the global economic crisis that began in 2008 continues to linger without any obvious resolution to it. The aim of this section, therefore, is to bring together those with an interest in the rise of alternatives at varied positions along the ideological spectrum; mapping, studying, theorising, highlighting, judging and assessing practices which form contemporary alternatives to, and problems for, global capitalism. This includes pathways in local, regional and global contexts. In particular, we note two emerging types of response, each of which expose the ever-present possibility and presence of sometimes surprising and contradictory routes outside of capitalism, as well as raising the question of technology in contemporary social change. On the one hand, we see various modified projects seeking alternative routes to social justice and rights: futurist, anti-proprietary or gift culture movements, survivalism,cooperatives, DIY culture, permaculture, experimentation with cybernetics and post-humanist ideals, as well as revived institutional interests in wellbeing. On the other hand, we see the explicit contestation of capitalism through varyingly autonomous forms of struggle: Occupy, the indignados, the Greek grassroots projects, Rojava, and, then, the electoral manifestation of some of these trends within Syriza, Podemos, Barcelona en Comú, and Jeremy Corbyn.

Section convenors: David Bailey (d.j.bailey@bham.ac.uk) and Phoebe Moore (p.moore@mdx.ac.uk).

Submissions to be made here: https://www.conftool.pro/paneuropean2016/

Deadline for submissions: 8 January 2016

Conference website and more details: http://www.paneuropeanconference.org/2016/

13th Annual STOREP Conference (Catania, 2016)

23-25 June, 2016 | University of Catania, Italia

The 13th Annual STOREP Conference will be held at the University of Catania on June 23-25, 2016.

The title of the conference will be “Engines of growth and paths of development in the minds of analysts, policy makers and human beings”.

How economies evolve and change through time is a central issue of economic analysis. The fundamental engines of growth, namely, capital accumulation, both physical and human, and technological progress have been widely and thoroughly investigated. The role of institutions, as setting the stage for those engines to operate, has also received much attention. Development economics has brought history, society and culture to bear on economic performances in an attempt to devise what is best for individual countries and regions to attain prosperity.

As a matter of fact, ideas about those engines and those paths have had an impact on how economies have actually evolved through time. Growth and development are concerns not only of analysts, historians and social scientists, but also of human beings, who are aware of the effects that bad performances of the economies they live in may have on their lives. Therefore, they tend to develop ideas of what growth and development should mean and look like. Growth and development are now subjects of daily debates. What analysts and people think about such themes eventually affect policy makers’ decisions.

Thus, theories, visions, culture, expectations have an impact in determining the starting of an engine, the turning of a path, the effectiveness of casual shocks. The 13th Annual STOREP Conference is calling for papers, from various disciplines, designed to explore how culture, institutions, visions have affected the actual thinking on growth and development and how such thoughts have finally produced an impact on the dynamics of real economies.

Possible topics for the conference sessions include, but are not limited to:

We are pleased to announce that distinguished colleague: Deirdre McCloskey (University of Iowa at Chicago) will join the conference as keynote speaker.

Besides plenary sessions, some parallel sessions will focus on the main topic of the conference; proposals of papers on all fields of the history of economic thought are also welcome.

An abstract of about 400 words for a paper and 600 words for a session (together with the abstracts of the three or four papers for the session) must be submitted before February 28, 2016 to: segretario@storep.org.

Important dates:

All participants, including young scholars who apply for the awards, must become members of the Association or renew their membership.

All relevant information concerning registration fees, accommodation and programme will soon be published on the association’s website: www.storep.org.

Young Scholars STOREP Awards

STOREP provides two kinds of awards for young scholars:

1) Scholarships for young scholars (under 35 years of age). In order to be eligible, the applicant is required to submit a Curriculum Vitae and a paper on any topic relevant to the history of political economy. The authors of the papers selected will be awarded free STOREP Conference registration, including the social dinner and the association’s annual membership fee. All applications, with CV and the final version of the papers, should be sent to segretario@storep.org no later than April 30, 2016. Applicants will be informed about the result of the evaluation process no later than May 15, 2016.

2) The STOREP Award (of 500.00 €) for the best article presented at the Annual Conference by young scholars under 40 years of age. All applications, with CV and the final version of the papers, should be sent to segretario@storep.org no later than September 15, 2016.

Organizing Committee

Scientific Committee

More information about the Conference will be available at the conference website.

CLADHE V - 5th Latin American Congress of Economic History (Sao Paulo, 2016)

19-21 July, 2016 | Sao Paulo, Brazil


The 5th Latin American Congress of Economic History (CLADHE V) will be held in the city of Sao Paulo (Brazil) on July 19-21, 2016. Organizers are the Economic History Associations from Argentina, Brazil, Chile, Caribbean, Colombia, Mexico, Peru, and Uruguay. Spain and Portugal associations will participate as guests. The Brazilian Association for Research in Economic History (ABPHE) and the School of Economics, Management and Accounting of University of Sao Paulo (FEA/USP) are the hosts of the Congress.

Following the tradition of previous congresses held since 2007, the CLADHE V will provide an academic environment to discuss the latest researches in the economic history of Latin America, as well as to address global perspectives and comparative approaches among regions. The organization of CLADHE V encourages the joint participation of researchers from Latin America and around the world to disseminate and discuss their works as well as to establish common research agendas. It is worth remembering that papers in history of ecnomic thought are very welcome in this Congress. There are Sessions dealing directly with HET topics, such as, for example, the relations between economic ideas and economic policymaking in Latin American history.

The official languages of CLADHE V are Spanish and Portuguese; however, works in English are also welcome. The Congress will be organized through paper sessions, round tables, and conferences.


The call for papers for Sessions is open. The deadline for paper submission is March 1, 2016. The proposal should present an expanded summary of the text (between 250-500 words) and a brief curriculum (with institutional affiliation and a list of recent publications). The selection of approved texts will be the responsibility of the coordinators of the Sessions, respecting the criteria of the International Organizing Committee. Authors of approved abstracts will submit their full papers until 15 May 2016.

For further information on the topics covered by the Sessions and on the general organization of the Congress, please go to the website http://www.cladhe5.org/?lang=en .

Should you have any question, please send an e-mail to cladhe5@gmail.com.

Conference on "What’s Left? Marxism, Literature, and Culture in the 21st Century" (Lincoln, 2016)

21 July, 2016 | University of Lincoln, UK

Hosted by the Marx Research Seminar, University of Lincoln, College of Arts, School of English & Journalism

Keynote speakers:

The powerful historical narrative developed by Neoliberalism across the last forty years has sought to challenge the intellectual and political relevance of contemporary Marxism. With the inception of the global financial crisis, however, Marxism is experiencing something of a cultural renaissance, with Marxist approaches to today’s crisis-ridden global capitalism appearing increasingly relevant.

This conference aims to think about the contemporary state of Marxist literary criticism, theories of culture, and to consider the relevance of Marxism to contemporary left politics.

Topics may include, but are not limited to:

Papers will be 20 minutes, with 3 presenters per panel. Panel proposals are welcome.

Abstracts of 250-300 words, with an accompanying short bio, to be sent to Marx Research seminar, (marxresearch@lincoln.ac.uk)

Conference registration will open after the deadline for abstracts.

Conference organisers are currently in contact with publishers to produce a special issue journal and edited collection.

Conference organisers: Andrew Rowcroft, John F. Davies, Grace Harvey, Tom O’Brien

Deadline for abstracts: 31st March 2016

EAEPE Annual Conference: "Industrialisation, socio-economic transformation and Institutions" (Manchester, 2016)

3-5 November, 2016 | Manchester, UK

EAEPE's major annual event will be held at Manchester Metropolitan University (MMU) from 3-5 November 2016.

The main conference theme of the 28 Annual Conference of the European Association for Evolutionary Political Economy will be on "Industrialisation, socio-economic transformation and Institutions"

One Keynote Speaker is already confirmed, Prof. Bill Cooke from University of New York and the second one will be announced soon.

Call for Papers

The 28 EAEPE Annual Conference will take place in Manchester on 3-5 November 2016. The conference theme is inspired by the historical legacy of the Industrial Revolution that has made Manchester a pre-eminent industrial metropolis of the world. The theme invites contributors to consider social and economic implications of industrialisation, deindustrialisation and transformation with particular attention to those institutions that flourish and decline around industries and manufacturing.

Following the usual EAEPE format, all scholars are invited to submit a paper on either the conference theme or one of the 22 EAEPE Research Areas. Abstracts (300-750 words) should be submitted electronically via http://eaepe.org and should include the following: the name(s), email address, and affiliation of the authors, along with the name and code of the closest relevant Research Area (see website). Following a notification of acceptance, a full paper will be invited.

The local organizers and co-chairs Dr. Andrea Bernardi (MMU) and Dr. Olga Kuznetsova (MMU) are happy to host this academic event, please feel free to contact them:

Academic queries: Dr. Andrea Bernardi (a.bernardi@mmu.ac.uk), Dr. Olga Kuznetsova (o.kuznetsova@mmu.ac.uk)

Administrative queries: eaepe2016@mmu.ac.uk

Following Important Dates should be noted:

Conference Fees

The conference fees and the EAEPE membership fees are denominated in Euros and are paid on the website of the association.

Members' regular rate:

Non-members' regular rate:

Members' special rates:

Some preliminary information on the Venue

The conference will take place at Manchester Metropolitan University Business School, All Saints Campus, Oxford Rd, Manchester, M15 6BH. This is a 5 minutes walk from Oxford Road train station or a 15 minutes walk from Piccadilly station.

Please find more detailed information in the attached 1 Call for Papers and visit our website for further updates!

More details: http://eaepe.org

Feminist Economics: Special Issue on "Sustainability, Ecology, and Care"

Feminist Economics invites papers for a new special issue on 'Sustainability, Ecology, and Care'.

Caring, both in the practical sense of hands-on carework and in the emotional and ethical sense of “caring about,” has been a central focus of feminist economics. Feminist economists have reclaimed care as a subject of economic analysis, delving into its implications for economic methodology and advocating for appropriate support for carework activities directed toward the young, very old, and ill. Feminist economists have at times also engaged with the pressing problem of environmental deterioration – exemplified by crises such as climate change, species extinction, and water scarcity – but the analysis is not as advanced. Ecological economics has at times incorporated questions of gender in its analyses, but here again the inquiry is limited.

Yet, while the fields of feminist and ecological economics have engaged in only limited ways to date, they have much in common. They strive to get recognition for essential services that are unaccounted for by markets (emotional work, nature’s life-support services), and they are developing alternatives to the exploitation of people and nature. We believe that a more thorough cross-fertilization between the fields of feminist economics and ecological economics could open new horizons. To bring more attention to this agenda, Feminist Economics invites submissions to a planned special issue on sustainability, ecology, and care.

The special issue is planned for print publication in January 2018 (with advance online publication in 2017). Feminist Economics especially welcomes contributions from the Global South and transition economies.

Topics include, but are not limited to:

Submission details

Please send paper titles and abstracts (up to 250 words) along with your name and institutional affiliation, telephone, and email address to the to the Guest Editors at feministeconomics@rice.edu, no later than 15 February 2016. Indicate “Sustainability” in the subject line. (Queries should also be directed to the Guest Editors at this email address.)

If the Guest Editors approve the abstract, the complete manuscript will be due by 31 July 2016 and should be submitted to Feminist Economics through the submissions website.

Papers must be clearly written in English and not exceed 10,000 words, including tables and references. They must also adhere to journal style and formatting. For questions about these procedures, please contact feministeconomics@rice.edu, +1.713.348.4083 (phone), or +1.713.348.5495 (fax).

This issue is being supported by the Friedrich-Ebert-Stiftung and Rice University.

Editorial information

History and Economics Session @ the 2016 Scottish Economic Society Conference (Perth, 2016)

18-20 April, 2016 | Perth, UK

The History of Economic Thought Society is sponsoring once more a session at the Annual Conference of the Scottish Economic Society focused on themes relating to the historical dimensions of economics, be it in their exploration of economic history, of the history of economics and of economic thought, or of topics allied to these fields of inquiry.

Extended abstracts (2-3 pages) or full papers should be submitted via email to m.klaes@dundee.ac.uk

Deadline: >> Monday, 4 January 2016 <<

Paper selections will be communicated to authors by the end of January.

Matthias Klaes, University of Dundee
Ioannis Theodossiou, University of Aberdeen


International symposium on "Social and Solidarity Economy – Ukrainian Option" (Kiew, 2016)

28 January, 2016 | Kyiv, Ukraine


Working language: English, Ukranian

International Symposium will be held in Institute of International Relations of Taras Shevchenko National University of Kyiv

We welcome individual paper proposals and panel/roundtable proposals as well – please contact organization committee to enquire about this. Each 105-minute panel/roundtable should comprise five papers/presenters plus a discussant who may also act as panel/roundtable chair.

Please submit abstracts and proposals as an e-mail attachment to ugouaem@ukr.net before January 15, 2016

Abstracts should be up to 500 words (word- document). They should be single spaced and use 14 point Times New Roman font. They should consist the author or authors’ full name, affiliation and e-mail address.

Symposium coordinators:

Left Forum Annual Conference: "Rage, Rebellion, Revolution: Organizing our Power" (New York City, 2016)

20-22 May, 2016 | John Jay College for Criminal Justice, The City University of New York City, US

We send you solidarity greetings and the latest information for the next conference. It would be great if you could forward this information. In case you live not to far away, we also would be happy if some of you are interested in joining our volunteer team either to prepare the conference and/or onsite this year, see our volunteer opportunities here.

The 2016 Left Forum conference theme is: Rage, Rebellion, Revolution: Organizing our Power

This year’s Left Forum from May 20th to 22nd, 2016 at John Jay College for Criminal Justice, The City University of New York City will offer something fundamentally different from conventional politics and from this year’s presidential election mainstream media hype. The Left Forum will gather and build on the growing consciousness that basic social problems are sharpening in ways that traditional politicians, journalists, and academics rarely admit and do not even begin to solve. The Left Forum will again engage the forces and movements making basic progressive social change the big issue that will no longer be kept out of the public discussion.
The left now generates an increasingly powerful and effective criticism of contemporary capitalism and the mushrooming social problems it worsens. Ever more people are becoming active: from Occupy Wall Street to Black Lives Matter and the Fight for $15; from escalating climate justice demands to the massive national support for Bernie not despite but because he wears the label socialist. Something profound is shaking.
From the streets and the offices, from campuses, factories, and stores, disgust with traditional society, politics, rules, and conventions is growing. The left starts there to build a program for change. We can do better than capitalism and its catastrophic wars. We reject the corporate dominance that corrupts our politics while delivering endless cycles of depressions, unemployment, and austerities. Our fellow citizens share our horror at the grotesque inequalities of today’s corporate system: its discrimination's against and oppressions of vast populations and its destruction of our environment. There are far better alternatives. Join us to share, discuss, and debate those alternatives and how best to achieve them.

In Solidarity,

Marcus Graetsch
Program Coordinator
Left Forum

Panel Submission Deadline: March 28th 2016. We ask that you submit your panel, workshop, panel track proposals or panel ideas as soon as you can.

For inquiries, contact panels@leftforum.org.

Helpful links:

About Left Forum:

Left Forum, now in its 12th year, has grown from a gathering of hundreds to a convergence of 1,200 speaker and over 4,500 people attending. It is the largest annual gathering of the broad Left in North America, if not on the globe.

This is a pluralistic, ecumenical event, and highlights dialogue over doctrine, diversity and common interests over competition and recruitment, and respect for differences in finding common bonds in social movement building. It is the largest annual gathering of its kind for diverse intellectual and activist currents in the progressive and left spectrum of politics, ideas, and culture. Recent speakers include Harry Belafonte, Angela Davis, Bolivian Vice President Álvaro García Linera, Arundhati Roy, Noam Chomsky, Naomi Klein, Immortal Technique, Kshama Sawant, Oliver Stone, Amy Goodman, Cornel West, Slavoj Zizek, and Grace Lee Boggs.

The Evolution of Institutional Complexes: A Biological Turn in the Study of International Institutions? (Québec City, 2016)

September 31st - October 1st, 2016 | Québec City, Canada


This workshop seeks to break new ground in research on international institutions by borrowing concepts from evolutionary ecology to study institutional complexes. Applying ecological metaphors such as “complex systems”, “ecological niches”, “fractal patterns”, “punctuated equilibrium”, and “resilience,” we highlight the systemic and multifaceted feedback effects among populations of institutions and the ways in which these shape their evolution and adaptation. By drawing parallels between evolutionary ecology and regime complexes, the workshop will provide a rare opportunity to discuss the benefits and limits of biological metaphors for international studies.

We welcome proposals inspired by evolutionary ecology and looking at the structural and systemic characteristics of institutional complexes and their evolution. Contributions should be original, offer a clear theoretical argument, and provide empirical support.


As for previous WIRE editions (www.wire-series.org), the number of participants will be limited to twenty, full papers will be distributed long before the event, and authors will only speak at the closure of the one-hour group discussion of their paper. This format offers an opportunity for in-depth discussions, provides authors with detailed feedback, and allows participants to get acquainted in an informal setting.


To submit a proposal, send a one-page summary, a biographical note, and full contact information by email to institutional.complexes@gmail.com by January 11th, 2016. Authors will be informed by the selection committee of its decision by January 15th. Selected candidates are expected to send a complete version of their papers (between 7.000 and 10.000 words) by September 1st, 2016. Due to the format of the workshop, authors who fail to send their paper on time will have to be removed from the program.


Meals and accommodation will be covered for all participants. Upon request, we will also provide a financial contribution for travel costs. When submitting your proposal, please indicate whether you want to apply for such funding and indicate your city of departure. There is no registration fee.


The organizers intend to publish a selection of papers as a special issue in a leading peer-review journal. Previous WIRE editions have led to special issues in Global Governance, Cooperation and Conflict, the British Journal of Politics and International Relations, and International Studies Review.


To submit a proposal, send a one-page summary, a biographical note, and full contact information by email to institutional.complexes@gmail.com by January 11th, 2016.

Authors will be informed by the selection committee of its decision by January 15th.

Selected candidates are expected to send a complete version of their papers (between 7.000 and 10.000 words) by September 1st, 2016.

Due to the format of the workshop, authors who fail to send their paper on time will have to be removed from the program.

WINIR-Symposium on "Property Rights" (Bristol, 2016)

4-6 April, 2016 | University of Bristol, Bristol, UK

Property rights are a central institutional feature of all politico-economic systems where markets play a major role, and a key item of political controversy between liberal and socialist positions. The role of property rights in matters ranging from interpersonal exchange and power to innovation and economic development is debated across several academic disciplines, including economics, history, law, politics, philosophy and sociology. The growing importance of intellectual and other intangible property in modern capitalism has further provoked important ongoing theoretical and policy discussions, part of which revolves around the very meaning of property as opposed to possession.

Bringing together internationally leading institutional researchers from several disciplines, the WINIR Symposium on Property Rights, hosted by the University of Bristol's Faculty of Social Sciences and Law, will address these and other related issues.The Symposium will open in the afternoon of Monday 4 April and end in the afternoon of Wednesday 6 April.

Keynotes lectures, representing three academic disciplines, will be given by:

Abstract submissions from any discipline are welcome.

Unconfined to any single academic discipline or any particular methodology, WINIR accepts contributions from any approach that can help us understand the nature and role of institutions. WINIR aims to promote creative conversations across disciplinary boundaries in order to build an adaptable and interdisciplinary theoretical consensus concerning core issues, which can be a basis for cumulative learning and scientific progress in the exciting and rapidly-expanding area of institutional research.

Submit an abstract here.

Submissions will be evaluated by the WINIR Scientific Quality Committee: Peter Boettke (George Mason University, economics), Simon Deakin (University of Cambridge, law), Geoff Hodgson (University of Hertfordshire, economics), Timur Kuran (Duke University, economics), Uskali Mäki (University of Helsinki, philosophy), Katharina Pistor (Columbia University, law), Sven Steinmo (European University Institute, politics), Wolfgang Streeck(Max Planck Institute Cologne, sociology).

Abstract submission deadline: 31 December 2015

For more information about WINIR please visit www.winir.org or follow WINIR on Twitter @winir2013.

Call for Participants

"EU Trade Policy at the Crossroads: between economic liberalism and democratic challenges" (Vienna, 2016)

4-6 February, 2016 | Vienna, Austria

Invitation to International Conference on EU Trade Policy

ÖFSE – Austrian Foundation for Development Research in cooperation with EAEPE – European Association for Evolutionary Political Economy and the EuroMemo Group – European Economists for an Alternative Economic Policy in Europe will convene a conference under the title of „EU Trade Policy at the Crossroads: between Economic Liberalism and Democratic Challenges” on February 4 – 6, 2016 in Vienna, Austria.

The conference wants to contribute to the trade policy debate by promoting (i) an interdisciplinary analysis of the current EU trade regime and its likely economic, social and political impacts both within the EU and on an international level, and by facilitating (ii) a multi-stakeholder debate on alternative conceptualizations of trade and trade policy in the EU.

We would like to invite trade activists and policy-makers from civil society, trade unions, and other political organisations 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. We have received almost 60 papers, which cover topics such as the impacts of TTIP, ISDS, regulatory cooperation, social and labor issues with regard to trade, the impact of EU trade policy on developing countries, alternative conceptualizations of trade policy etc. Invited speakers feature Stephen Gill (York University), Sheila Jasanoff (Harvard University), Penny Clarke (EPSU), John Hilary (War on Want) and others.

Due to limited space, we kindly ask you to register until 15 January 2016 at http://www.oefse.at/veranstaltungen/eu-trade-policy-conference/registration/.

More information can be found on the conference website. An overview of the invited speakers is available here.

Further questions may be directed to tradeconference2016@oefse.at.

Job Postings

Radboud University, Netherlands

Job Title: Assistant Professor in Institutional Economics

Job Description

As Assistant Professor of Institutional Economics you are part of the Chair of Economic Theory and Policy at the Department of Economics and Business Economics of the Nijmegen School of Management. The position includes both teaching and research tasks. You will provide high-quality courses in institutional economics, public economics, labor economics, and environmental economics in the Bachelor’s programme in Economics and the Master’s programs Economics and Policy and International Political Economy. This includes the supervision of Bachelor's and Master's theses. Furthermore, you will conduct high-quality research in the field of institutional economics, public economics, labour economics, and environmental economics.

The Chair of Economic Theory and Policy stands at the crossroads of the exchange between economists and non-economists in regard to economic theory and policy. It fulfills an important role in that it facilitates the exchange between academics and non-academics on issues of economic theory and policy. The chair functions as a bridge between Radboud University and several policy circles, but also between the study of economics and other faculty departments.


You should hold a PhD in economics, or be close to completion of a PhD. You should have the potential to build a record of excellence in both teaching and research in economics in general and institutional economics in particular. This should be evidenced by (i) good teaching evaluations, (ii) a willingness to complete the Junior University Teaching Certificate (if not already obtained) within the first four years of your contract, and (iii) a pipeline of submissions, revise-and-resubmits and publications in leading international journals in the field of institutional economics. Experience with the acquisition of research funds would be a plus.

You must be fluent in both spoken and written English.

Conditions of employment

the successful candidate will be offered a six year tenure track position as Assistant professor

Contract type: Temporary

Link to the job advert is available here.

Roskilde University, Denmark

Job Title: Position for Professor (MSO) 'EU and social policy'

Applications are invited for a professorship with special responsibilities (MSO) within the field of ‘The European Union and social policy’ in the newly established Institute of Social Sciences and Business, Roskilde University. The position is available from April 1 2016 or as soon as possible thereafter.

In its research strategy for 2013-2016, the Institute gives priority to a number of research areas. The position will be linked either to the research area ‘Politics, Governance and Democracy’, and/or to the area ‘Regional and Global Transitions in wealth, power and security’.

Applicants matching the following profile will be preferred:

Responsibilities and tasks:

The professor’s special responsibilities relate to the development of ‘The European Union and social policy’ as a key research and teaching area in the Institute. The professor MSO’s duties will primarily include research (including publication/academic dissemination duties) and research-based teaching (with associated examination duties) especially in the following teaching programmes: ‘International public administration and politics’, ‘Public administration and politics’, and the social science bachelor programs. In addition, the position includes a duty to share knowledge with society at large. Furthermore, the Professor MSO is expected to manage research, provide guidance and supervision of PhD students and assistant professors as well as take active part in academic assessments, actively engage in external fundraising to increase funds for the Institute, and fulfil other tasks requested by the Institute.

The successful candidate is expected to:


Applicants must hold a PhD degree or equivalent in an appropriate field. Qualifications within the following scientific areas are required:

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

Successful candidates who do not speak Danish (or possibly Swedish or Norwegian) will be requested to acquire the necessary skills in Danish within the first two years of service, so as to ensure that they can participate satisfactorily in teaching activities as well as in academic and administrative activities at the University. At the time of appointment, successful candidates must master English for academic purposes. Potential applicants from outside Denmark will find information about life in Denmark (taxation, healthcare etc.) here.


In the assessment of the candidates consideration will be given to;


Further information may be obtained by contacting the Head of Institute, Peter Kragelund. Tel. +45 4674 3335, e-mail: jpk@ruc.dk or director of the study program Bodil Damgaard, tel. + 45 4674 2251, email: bodam@ruc.dk.

Terms of employment:

The position will be filled according to the Agreement between the Danish Ministry of Finance and the Danish Confederation of Professional Associations (AC). The position is covered by the Protocol on Job Structure.

Commencing salary will be for professor mso minimum DKK 528.000 per year (1st April 2014 level) plus pension contribution (17,1 %).

The professorship with special responsibilities (MSO) is a category where the appointment is limited to a -year period. On the expiry of the professorship period, the appointee is ensured employment and remuneration as an associate professor.

Read more about the recruitment process at Roskilde University here.


To apply for the position go to RUCs homepage: www.ruc.dk/en/job/vip/. Please open the relevant job advertisement and click on the button “Apply for vacancy here”, which is found below the job advertisement.

Only applications in English are accepted.

Applications must include:

  1. Cover letter
  2. CV with documentation of education.
  3. Teaching portfolio (read more about teaching portfolio at Roskilde University here.)
  4. A complete list of publications.
  5. Co-author declaration.
  6. A maximum of 7 relevant scientific works that you want included in the assessment.
  7. A brief description (2-3 pages of your plans for development of the academic field in regard to both research and education, including a short description of how you view your qualifications in relation.
  8. A short description stating your most important scientific work relevant to the position and your contribution to such work (2-3 A4 pages)
  9. Documentation of additional research qualifications, including

Please submit your application no later than January 15 2016.

Material received after this date will not be taken into consideration.

The New Economics Foundation, UK

Job Title: Chief Economist

Salary: negotiable and depending on experience

Dynamic and uniquely respected, the New Economics Foundation (NEF) is the UK’s leading independent think tank promoting social, economic and environmental justice.

NEF understands the interlinked and systemic nature of the biggest issues we face today: from escalating economic inequality to runaway climate change. It is an organisation highly regarded not just for its ground breaking research, but the way it works in partnership with organisations and communities to put its ideas into action. Through the excellence of its research and its pioneering thought leadership, NEF continues its mission to build a new economy – one which truly serves the interests of people and the planet.

We currently have a vacancy for a Chief Economist. This is a high profile role with crucial responsibilities for strengthening NEF’s public profile and policy impact. The post holder will embed a critical understanding of economics across all aspects of NEF’s work, including in: our research projects and policy advocacy; external engagement with media, decision-makers and opinion formers; training; movement building; and campaigning.

The successful candidate will provide strategic vision, delivery and leadership on economic policy and research at NEF, enhancing and developing NEF’s external profile, its influence and impact. They will combine academic credentials with demonstrable experience of high-level research and analysis in the field of economics (both heterodox and orthodox) and a track record of effective external engagement with the media, and high-level opinion formers and decision makers.

Although this role is being advertised as full-time and based in our London offices, we welcome the opportunity to discuss a flexible working pattern, and would encourage you to explore the flexible working options we are able to offer during the interview process.

Deadline for applications: 9AM, Monday 25th January 2016

Interviews: First round: Tuesday 2nd February. Second round: Monday 8th February

Click to download the job description

Click to download the application form

Click to download the equal opportunities form


Job Title: Economist/Policy Analyst – Financial Reform (Economy and Finance programme)

Salary Range: £28k – £34k p.a

Are you interested in the systemic causes of the challenges the world is currently facing? Are you concerned by economic injustice and environmental degradation? NEF (the New Economics Foundation) is the UK’s leading ‘think and do tank’ focused on building an economy that is socially just and environmentally sustainable. We are seeking an exceptional individual to join our team at the leading edge of new thinking about financial system reform.

You will play a leading role in our work on banking reform as well as providing key empirical research inputs to our work on monetary policy and other issues. You will provide robust quantitative research in support of NEF’s projects whilst also having the opportunity to help develop and build support for our policy positions, as well as working with others across civil society to strengthen the movement for financial reform.

You will be highly numerate with first class quantitative research and data analysis skills, alongside strong influencing and relationship building abilities and a passion for building a better financial system. A good working knowledge of the financial system is essential; direct experience working in or with financial institutions, and/or a formal training in economics, are highly desirable.

We especially welcome applications from women, BAME candidates, and people under-represented in this field.

Deadline for applications: 9AM, Thursday 7th January 2016

Interviews: Friday 15th January 2016

Click to download the job description

Click to download the application form

Click to download the equal opportunities form

For more information about any of our available roles please write to Lois Fiander, NEF, 10 Salamanca Place, London, SE1 7HB or email recruitment@neweconomics.org

NEF is an equal opportunities employer and particularly welcomes applications from under-represented groups and from a diversity of backgrounds and experience. NEF also welcomes flexible working and job shares.

University of Southern Mississippi, US

Job Title: Assistant Professor of Economics

The University of Southern Mississippi invites applications for three tenure-track positions in any field in economics to begin in August 2016. Teaching at the lower-division level could include a one-semester, policy-based survey course, which is part of the general education core and micro- or macroeconomics principles courses primarily populated with business administration majors. Upper-level courses include intermediate theory and field courses in the candidate's area of specialization.

The Economics program at The University of Southern Mississippi is housed within the Department of Political Science, International Development and International Affairs. In addition to the Economics undergraduate program, the department also houses an interdisciplinary PhD program in International Development.

Candidates are expected to maintain an active research agenda. In addition to teaching and research, all faculty members are expected to engage in service to the department, college, university and community.

As an Affirmative Action/Equal Employment Opportunity employer/Americans with Disabilities Act institution, The University of Southern Mississippi encourages minorities, women, veterans and persons with disabilities to apply.

To apply and to see complete job application, go to jobs.usm.edu.

Application deadline: 01/01/2016

Link to the job advert is available here.

University of the Witwatersrand, South-Africa

Job Title: Senior Lecturer / Lecturer in Development Economics

The School of Economic and Business Sciences (SEBS) is one of five schools in the Faculty of Commerce, Law and Management at the University of the Witwatersrand. SEBS offers an active research environment and delivers undergraduate and postgraduate programmes in Economics; Marketing; Information Systems; Human Resources Management; Management; Finance; and Insurance and Risk Management. For further information please visit our website at www.wits.ac.za/sebs.

This position is affiliated with the Development Theory and Policy (DTP) postgraduate programme located in the Economics division. DTP was created in 2010 and has established itself as a leading heterodox programme in development economics; it is a core member of the Erasmus Mundus international Masters ‘Economic Policies in the Age of Globalization’ (EPOG – www.cepn-paris13.fr/epog/). The focus of the programme is on providing critical insights to key economic policy issues in order to stimulate innovative research and policy responses. The teaching is research-led and draws on the expertise of academics associated with the Corporate Strategy and Industrial Development (CSID) research programme. The DTP is a unique programme in South Africa offering core economics training, a focus on development, and research training, all within a pluralist framework.

At the level of Senior Lecturer, the candidate must have a PhD in Development Economics or related fields such as Economics, Political Economy and Development Studies. The successful applicant is expected to teach postgraduate courses in the field of DTP, particularly relating to microeconomics and trade and industrial policy within a development context. The successful applicant will also do research and publish in the field, supervise postgraduate students and participate actively in the running of the School through academic citizenship activities.

At the level of Lecturer, the candidate must be close to completing a PhD and have a Masters in Development Economics or related fields such as Economics, Political Economy and Development Studies. The successful applicant is expected to teach postgraduate courses in the field of DTP, particularly relating to microeconomics and trade and industrial policy within a development context. The successful applicant will also participate actively in the running of the School through academic citizenship activities.

For questions related to this post and to the DTP programme, you may contact the programme director, Dr. Nicolas Pons-Vignon: Nicolas.Pons-Vignon@wits.ac.za

To apply: submit a covering letter, a detailed CV with names, addresses and contact details of three contactable referees and certified copies of degrees/diplomas via the Wits i-Recruitment platform located at https://irec.wits.ac.za.

Closing date: 15 January 2016

Only short-listed candidates will be contacted. Candidates who have not been contacted by the 15th of February 2016 can consider their applications unsuccessful. In accordance with our employment equity goals and plan, preference will be given to suitable applicants from designated groups, as defined in the Employment Equity Act, 55 of 1998 and subsequent amendments thereto. The University of the Witwatersrand reserves the right not to make an appointment and to verify all information provided by candidates.


EAEPE-Kapp Prize 2016

Dear friends and colleagues,

on behalf of the Council of the European Association for Evolutionary Political Economy (EAEPE), I am happy to inform you that, like every year, EAEPE currently invites submissions of a recently published article for the annual *EAEPE-Kapp Prize* competition.

EAEPE is the largest pluralist economic association in Europe, and will announce the Kapp Prize winner at its *Annual Conference in Manchester (UK) on 3-5 November 2016*.

More information on EAEPE and its initiatives can be found at http://www.eaepe.org

All papers, normally not exceeding 12000 words, are eligible for the EAEPE-Kapp Prize, if published in a scholarly journal in the past 2 years (i.e. no older than 1 January 2014 for the 2016 competition).

The closing date to submit a paper is *31 January 2016*.

Only one entry per author will be considered, and applicants must be paid-up members of EAEPE for the year of the competition (i.e. 2016).

Any member of the EAEPE Council, or Trustee of the Foundation for European Economic Development (FEED) serving at any time from 1 January of the year before the year of competition to 1 July of the year of the competition inclusive, shall be ineligible to participate.

To submit a paper, please send a PDF version (including any relevant annex) at carlo.dippoliti@uniroma1.it or send five non-returnable paper copies at Carlo D’Ippoliti, Sapienza University of Rome, Viale Regina Elena 295, 00161 Rome, Italy

Elinor Ostrom Prize Shortlist 2016

The 2016 Elinor Ostrom Prize will be awarded for the best full-length article published in the Journal of Institutional Economics in 2015. The jury consists of Bruno Amable, Christopher Coyne, Thrainn Eggertsson, William Milberg, and Malcolm Rutherford. The winner will be announced at the annual conference of the World Interdisciplinary Network for Institutional Research, in Boston, MA, USA from 2-5 September 2016.

The five shortlisted entries for the 2016 prize:

These five articles can be downloaded free HERE.

JSPE-Routledge Book Prize winner 2015

The Japan Society of Political Economy (JSPE) is pleased to announce the winner of the 2015 JSPE-Routledge Book Prize.

The JSPE is an interdisciplinary association devoted to the study, development, and application of political economy to social problems. It has been the largest organization of heterodox economists in Japan since its foundation in 1959, providing important occasions for developing and debating ideas about capitalism and its dynamics. The book prize is financially supported by Routledge, which is the world's leading academic publisher in the Humanities and Social Sciences.The prize promotes the study of heterodox economics throughout the world with the aim of challenging the dominant position of orthodox neo-liberal economics among economists and policy-makers. The prize will be awarded to a living political economist based on his or her "lifetime achievement" as embodied in a distinguished book (or books) which reflects the analytical perspectives represented by the Japan Society of Political Economy.

The 2015 JSPE-Routledge Book Prize winner

The 2015 prize winner is Professor Makoto Itoh (The University of Tokyo) based on his two books Political Economy for Socialism, Macmillan, 238 pages, 1995, and The Japanese Economy Reconsidered, Palgrave, 153 pages, 2000.

Professor Makoto Itoh started his academic career with his doctoral research on business cycle and crisis. He worked out the formation of Marx’s crisis theory mainly by comparing Grundrisse, Theories of Surplus Value and Capital. He found that the labour shortage type of over-accumulation theory of crisis was presented for the first time in Capital, and that the credit system played an important role in Capital. His doctoral dissertation was published in 1973 as Credit and Crisis and was highly acclaimed in Japan.

A turning point in Professor Itoh’s career came when he had an opportunity to undertake research in 1974-75 in the UK and the USA. A renaissance in the study of Marx in the field of economics had been underway in these countries and in Europe since 1970; however, this renaissance was little known to Japanese economists. At the same time, the substantial body of Japanese contributions to Marxist economics were little-known by Western colleagues. Considering this situation, Professor Itoh made an effort to build connections between Western and Japanese political economy. In his attempts to bridge the Western and Japanese traditions, he helped to expand the scope and depth of scholarly exchange among Marxian scholars.

Among his own scholarly achievements, contributions in four major areas should be highlighted, as follows.

In his earlier works Itoh contributed to the theory of value and the theory of credit and crisis (Value and Crisis, Monthly Review, and Pluto, 1980, and The Basic Theory of Capitalism, Macmillan, 1988). On value theory, following Kozo Uno, Professor Itoh dimensionally distinguishes prices of production as a form of value and labour-time embodied in commodities as the substance of value. Professor Itoh’s three-tables approach in the transformation problem starts from the first table on the substance of value produced, and arrives at the third on the substance of value acquired through the second on the prices of production deducted from the first. He argued that Marx’s propositions of equality between total value and total prices, as well as between total surplus value and total profit, should be understood as concerning the relations between the first and the third table, not between the first and the second. He also presented new interpretations of negative value and negative surplus value, and also of complex labour. Second, on the theory of credit and crisis, he clarified the relationship between the Marxist political economy of money and finance and crisis theory, and emphasized the role of growing speculative trading and credit mechanism in bringing about the end of prosperity.

On contemporary capitalism (Itoh 2000), he demonstrated that an underlying cause of the end of high post-World War II economic growth, and of the 1973-75 economic crisis which followed it, was the over-accumulation of capital in relation to the inelastic supply of both of labour power and primary products. He then argued that the advances in information technology that accompanied the process of restructuring induced three reversals in the historical pattern of capitalist development that had prevailed during the 20th century: (1) capital investment became lighter and flexibly mobile, thus intensifying competition and globalization; (2) trade unions weakened as workers were more flexibly (and irregularly) employed; (3) the role of the state was reduced, as the era of neoliberalism emerged.

Finally, Professor Itoh applied his theory of value and crisis to the basic issues of socialism (Itoh 1995). Adopting his theory of the transformation problem, he argued that if Lange’s method of trial and error method is used to achieve equilibrium prices in a socialist economy – and thus to achieve a full “s-wage model of economy,” wherein the entire net national product is initially distributed among workers – then the relationship between embodied labour time and socialist prices can be fully specified. He also argued that his theory of money and finance could be applied to the socialist economy. Building a stages theory of socialist development, Professor Itoh clarified that a single model of socialism should not be defined as a uniquely correct scientific path to be followed; various possibilities for socialism might be chosen by people according to their social and historical conditions.

In sum, Professor Itoh has, during the course of his career, extended Marx’s theories as well as Uno’s theories so as to contend with important issues in political economy. In so doing, he has made contributions that offer useful guidance for identifying better futures for people around the world. His intellectual achievement richly merits the JSPE Routledge Book Prize; it is a pleasure to award the 2015 Prize to Professor Makoto Itoh.

Kiichiro Yagi (Chairperson of the JSPE)

Contact: Nobuharu Yokokawa (The JSPE International Committee) Jspecice2014@jspe.gr.jp

Mark Blaug Student Essay Prize Winners 2015

The annual Mark Blaug Essay Prize is for undergraduates or recent graduates, for critical essays on modern economics. Click HERE for details.

The 2015 entries were judged by Lord Robert Skidelsky. The following two prizes are awarded for the two (downloadable) essays:

First Prize (£500), Milan Quentel (Witten-Herdecke University, Germany) "The history of economic thought and its role for rethinking economics"

Second Prize (£300), Florian Rommel (Cusanus Hochschule, Germany) "Performing pluralism in economics: A discourse in need of the performative turn?"

Mark Blaug Young Scholar Prize 2016

The Erasmus Journal for Philosophy and Economics invites submissions from Young Scholars for the 2016 Mark Blaug Prize.

This annual academic prize is intended to promote and reward research by Young Scholars in the history, ethics, methodology and philosophy of economics. It is named in honour of Mark Blaug, a founder of the field of philosophy and economics, whose generosity and commitment to Young Scholars was recognized by all who knew him. The prize includes a cash sum of 500 Euros.

Submissions must be received by December 31st.

For more information visit http://ejpe.org/mark-blaug-prize/

Thomas Wells
Chair, Erasmus Journal for Philosophy and Economics

WIWA Young Scholar Award for Pluralism in Economics 2015 - Prize Winners

The Witten Institute for Institutional Change (WIWA) has awarded the inaugural WIWA Young Scholar Award for Pluralism in Economics, endowed by a member of the Witten/Herdecke University (UW/H) Board of Trustees, to Dr. Eduard Braun (TU Clausthal) und Dr. Robert Lepenies (Wissenschaftszentrum Berlin).

The WIWA understands the WIWA Young Scholar Award for Pluralism in Economics as a signal of encouragement for younger economists in Germany to break new ground in teaching and research with verified contributions to the methodological and thematic diversity in economics.

Pluralism in Economics refers here to the diversity of theoretical approaches and normative positions; nominations are generally not tied to any particular schools of thought. The only criteria are originality and creativity of published papers.


Accounting, Organizations and Society, 46

Kamber Hetrick, Mark E. Peecher: Key takeaways and overarching themes: A foreward 2014 AOS Conference on Accounting Estimates special issue

William Platt: A practitioners perspective: 2014 AOS Conference on Accounting Estimates

Clara Xiaoling Chen, Kristina M. Rennekamp, Flora H. Zhou: The effects of forecast type and performance-based incentives on the quality of management forecasts

Jeffrey Hales: Discussion of “The effects of forecast type and performance-based incentives on the quality of management forecasts”

Cory A. Cassell, Linda A. Myers, Timothy A. Seidel: Disclosure transparency about activity in valuation allowance and reserve accounts and accruals-based earnings management

Jennifer Wu Tucker: The relation between disclosure quality and reporting quality: A discussion of Cassell, Myers, and Seidel (2015)

Jason Tyler Rasso: Construal instructions and professional skepticism in evaluating complex estimates

Michele L. Frank, Vicky B. Hoffman: Discussion of construal instructions and professional skepticism in evaluating complex estimates

Yoon Ju Kang, Andrew J. Trotman, Ken T. Trotman: The effect of an Audit Judgment Rule on audit committee members’ professional skepticism: The case of accounting estimates

Sandra C. Vera-Muñoz: Commentary on “The effect of an audit judgment rule on audit committee members’ professional skepticism: The case of accounting estimates” (Kang, Trotman, and Trotman)

Gauri Bhat, Stephen G. Ryan: The impact of risk modeling on the market perception of banks’ estimated fair value gains and losses for financial instruments

Ryan P. McDonough, Catherine M. Shakespeare: Fair value measurement capabilities, disclosure, and the perceived reliability of fair value estimates: A discussion of Bhat and Ryan (2015)

Spencer B. Anderson, Jason L. Brown, Leslie Hodder, Patrick E. Hopkins: The effect of alternative accounting measurement bases on investors’ assessments of managers’ stewardship

Scott A. Emett, Mark W. Nelson: Discussion of “The effect of alternative accounting measurement bases on investors’ assessments of managers’ stewardship”

Feminist Economics, 22 (1): Special Issue on "Voice and Agency"

Sarah Gammage, Naila Kabeer & Yana van der Meulen Rodgers: Voice and Agency: Where Are We Now?

Rebecca Pearse & Raewyn Connell: Gender Norms and the Economy: Insights from Social Research

Quentin Wodon, Minh Cong Nguyen & Clarence Tsimpo: Child Marriage, Education, and Agency in Uganda

Smita Ramnarain: Unpacking Widow Headship and Agency in Post-Conflict Nepal

Elise Klein: Women's agency and the psychological domain: Evidence from the Urban Fringe of Bamako, Mali

Felix Meier zu Selhausen: What Determines Women's Participation in Collective Action? Evidence from a Western Ugandan Coffee Cooperative

Ulrike Mueller: Lost in Representation? Feminist identity Economics and Women's Agency in India's Local Governments

Siobhan Austen & Astghik Mavisakalyan: Constitutions and the Political Agency of Women: A Cross-Country Study

Anne Marie Goetz & Rob Jenkins: Agency and Accountability: Promoting Women's Participation in Peacebuilding

Lucia Hanmer & Jeni Klugman: Exploring Women's Agency and Empowerment in Developing Countries: Where do we stand?

Ana Vaz, Pierre Pratley & Sabina Alkire: What Determines Women's Participation in Collective Action? Evidence from a Western Ugandan Coffee Cooperative

Naila Kabeer: Gender Equality, Economic Growth, and Women’s Agency: the “Endless Variety” and “Monotonous Similarity” of Patriarchal Constraints

History of Economic Thought and Policy, 11 (2)

William VanLear: Copernicus and the Quantity Theory of Money

Persefoni Tsaliki, Lefteris Tsoulfidis: Classical Economists, Marx and Marshall on Dominant Technique

Giovanni Michelagnoli: The Shaping of Incomes Policy in the Eighties. The Contribution of Ezio Tarantelli

Giovanni Covi: Puzzling Out The First Oil Shock. History, Politics and the Macroeconomy in a Forty-Year Retrospective

Glimpses of Henry Schultz in Mussolini’s 1934 Italy

International Critical Thought, 5 (4)


Igor Hanzel: Marx's Methods of Theory Construction: Categories, Magnitudes, and Variations of Sizes of Magnitudes under Certain Idealizations

Max Koch: Climate Change, Capitalism and Degrowth Trajectories to a Global Steady-State Economy

Samir Amin: From Bandung (1955) to 2015: Old and New Challenges for the States, the Nations and the Peoples of Asia, Africa and Latin America

Roy H. Grieve: Some Thoughts on the Contentious State of Economics: Why So? What to Do?

Hans-Christoph Schmidt am Busch: Personal Freedom without Private Property? Hegel, Marx, and the Frankfurt School

David Baronov: Nishida Kitarō, Dialectics, and a 2010 Mozambican Food Riot

Rosemary Hunter: The Feminist Judgments Project: Legal Fiction as Critique and Praxis

Information and Trends

He Qin: Perspectives on the Historical Origin and Essential Nature of Twenty-First Century Socialism in Latin America

Gong Jian & Ding Xiaoqin: The New Silk Road as an Emerging Model of Regional and International Economic Cooperation—A Brief Review of the International Symposium on “The New Silk Road and China-Africa Economic Relations”

Ronald H. Chilcote & Aiskell Roman: Latin American Perspectives: A Journal on Capitalism and Socialism

Journal of Agrarian Change, 16 (1)

John Sender: Backward Capitalism in Rural South Africa: Prospects for Accelerating Accumulation in the Eastern Cape

Rory Pilossof: Possibilities and Constraints of Market-Led Land Reforms in Southern Africa: An Analysis of Transfers of Commercial Farmland in Postcolonial Zimbabwe, 1980–2000

Huifang Wu and Jingzhong Ye: Hollow Lives: Women Left Behind in Rural China

Richa Kumar: The Perils of Productivity: Making ‘Good Farmers’ in Malwa, India

Nandan Nawn: Sustaining the Farming Household to Sustain the Farming

Mariel Aguilar-Støen, Matthew Taylor and Edwin Castellanos: Agriculture, Land Tenure and International Migration in Rural Guatemala

Santana Navarro-Olmedo, Nora Haenn, Birgit Schmook and Claudia Radel: The Legacy of Mexico's Agrarian Counter-Reforms: Reinforcing Social Hierarchies in Calakmul, Campeche

Journal of Economic Methodology, 22 (4)

Mauro Boianovsky: Between Lévi-Strauss and Braudel: Furtado and the historical-structural method in Latin American political economy

Cyril Hédoin: Accounting for constitutive rules in game theory

S.M. Amadae & Daniel Lempert: The long-term viability of team reasoning

Josef Mensik: Mathematics and economics: the case of Menger

Ramzi Mabsout: Abduction and economics: the contributions of Charles Peirce and Herbert Simon

Kevin D. Hoover: Thomas Mayer

Review of International Political Economy, 22 (6)

Roman Goldbach: Asymmetric influence in global banking regulation

Kristen Hopewell: Multilateral trade governance as social field: Global civil society and the WTO

Jonas Meckling, Bo Kong & Tanvi Madan: Oil and state capitalism: government-firm coopetition in China and India

Alexandre Bohas: Neopluralism and globalization: the plural politics of the Motion Picture Association

Peter Knaack: Innovation and deadlock in global financial governance: transatlantic coordination failure in OTC derivatives regulation

David Demortain: The tools of globalization: ways of regulating and the structure of the international regime for pharmaceuticals

Review of Political Economy, 27 (4)

Robert Boyer: A World of Contrasted but Interdependent Inequality Regimes: China, United States and the European Union

Jamie Morgan: Is Economics Responding to Critique? What do the UK 2015 QAA Subject Benchmarks Indicate?

Bo Allesøe Christensen: Valuing Nature: Connecting Eco-Economy and the Capability Approach

Guglielmo Forges DavanzatI, Andrea Pacella & Rosario Patalano: The Keynesian Features of Graziani's Monetary Theory of Production and Some Unresolved Issues

Iara Vigo de Lima & Danielle Guizzo: An Archaeology of Adam Smith's Epistemic Context

Andy Denis: Economic Calculation: Private Property or Several Control?

Gabriel A. Giménez Roche, Albert Lwango & Guillaume Vuillemey: Entrepreneurial Miscalculation and Business Cycles: How Interest Rate Targeting Distorts Capital Budgeting

Bruno Jossa: Historical Materialism and Democratic Firm Management

Saverio M. Fratini: A Note on Reswitching and Intertemporal Prices

Review of Social Economy, 73 (3)

Mark D. White: Judgment: Balancing Principle and Policy

Bruce Pietrykowski: Participatory Economic Research: Benefits and Challenges of Incorporating Participatory Research into Social Economics

Jason Potts & John Hartley: How the Social Economy Produces Innovation

Derek Jones & Panu Kalmi: Membership and Performance in Finnish Financial Cooperatives: A New View of Cooperatives?

Revista Portuguesa de Filosofia, 70 (1): Special Issue on "Economy of Communion"

Bruni, Luigino: The Value of Sociality: Economics and Relationality in the Light of the Economy of Communion

Crivelli, Luca, and Gui Benedetto: Do ‘Economy of Communion’ Enterprises Deserve the ‘Social’ Label? A Comparative Discussion of Their Aims and Logic of Action

Gallagher, John B: Communion and Profits: Thinking with the Economy of Communion about the Purpose of Business

Martins, Nuno Ornelas: Economy of Communion and Economic Theory: Classical Political Economy and the Distribution of the Surplus

McDade, Pedro: Apresentação - Economia de Comunhão = Economy of Communion

Mendes, Américo Carvalho: Values Human Beings Give to Goods and Services, and the Economy of Communion

Zamagni, Stefano: The Economy of Communion Project as a Challenge to Standard Economic Theory

Science & Society, 80 (1)

Russell Dale and Justin Holt: Introduction: Socializing Philosophy

Cinzia Arruzza: Functionalist, Determinist, Reductionist: Social Reproduction Feminism and its Critics

Paul Gomberg: Why Distributive Justice Is Impossible but Contributive Justice Would Work

Aaron Jaffe: From Aristotle to Marx: A Critical Philosophical Anthropology

Karsten J. Struhl: Marx and Human Nature: The Historical, the Trans-Historical, and Human Flourishing

Matthew Quest: Observing Properly Changing Forms of Spontaneity and Organization: Creative Conflicts in C. L. R. James’ Hegelian Dialectics and Political Philosophy

The Economic and Labour Relations Review, 26 (4): Special Collection on "Union Organising and Revitalisation"

Alison Barnes and Raymond Markey: Evaluating the organising model of trade unionism: An Australian perspective

John Kelly: Trade union membership and power in comparative perspective

Edmund Heery: Unions and the organising turn: Reflections after 20 years of Organising Works

Peter Fairbrother: Rethinking trade unionism: Union renewal as transition

Alison Barnes and Nikola Balnave: Back to grass roots: Peak union councils and community campaigning

David Peetz, Georgina Murray, Olav Muurlink, and Maggie May: The meaning and making of union delegate networks

Sarah Kaine and Cathy Brigden: Union responses to regulatory change: Strategies of protective layering

The European Journal of Economic and Social Systems: Special Issue on "The Schumpeterian Theory of Economic Development


Carmelo FERLITO: Entrepreneurship: State of Grace or Human Action?

Alan FREEMAN: Introduction to Chris Freeman’s “Schumpeter’s ‘Business Cycles’ Revisited”

Christopher FREEMAN: Schumpeter’s “Business Cycles” Revisited

Carlota PEREZ: From Long Waves to Great Surges

Andrea FUMAGALLI: Selection and Evolutionary Patterns of New Firms

real-world economics review, 73

David R Richardson: What does “too much government debt” mean in a stock-flow consistent model?

Emil Urhammer: Divine belief in Economics at the beginning of the 21st century

Michel Gueldry: The double discipline of neoclassical economics

Rüya Gökhan Koçer: Two worlds of minimum wage and a new research agenda

Hee-Young Shin: The IMF and Troika’s Greek bailout programs: an East Asian view

Kevin Albertson, John Simister and Tony Syme: Globalisation and sticky prices: “Con” or conundrum?

Books and Book Series

Combating Inequality: The Global North and South

Edited by Alexander Gallas, Hansjörg Herr, Frank Hoffer, Christoph Scherrer | 2016, Routledge

Economic inequality has recently gained considerable academic attention. However, two important aspects of inequality have not been discussed systematically: its multidimensional nature and the question of what can be done to reverse it. This book offers insights from scholars representing the Global Labour University, which operates in Brazil, Germany, India, South Africa and the US. They analyse the various drivers of inequality, assess policy responses, and discuss counterstrategies.

The main findings of this book are that rising levels of inequality cannot be addressed only with the standard policies responses, namely education, redistribution and ‘green growth’. In addition, the way markets currently function needs to be corrected. The chapters in this volume focus on specific fields of contemporary capitalism where important drivers of inequality are located, for example, the labour market; the financial system; the tax system; multi-national corporations; and gender relations. Other chapters discuss in detail where political opportunities for change lie. They critically assess existing countermeasures; the idea of a ‘green economy’ and its implications for inequality; and existing campaigns by trade unions and new social movements against inequality. In line with the global nature of the problem, this book contains case studies on countries both from the north and south with considerable economic and political weight.

This book provides academics, political practitioners and civil society activists with a range of ideas on how to drive back inequality. It will be of interest to those who study political economy, development economy and labour economics.

Link to the book is available here.

Ethics in Economics: An Introduction to Moral Frameworks

By Jonathan B. Wight | 2015, Stanford University Press

This book develops a pluralist account of ethics at work in economic life. Written for the general reader and undergraduate student, the book is accessible and engaging. Pluralist ethics explores the interrelated systems of outcome-based, duty and rule-based, and virtue-based ethical approaches that solve problems of asymmetric information and moral hazard. Ethics in Economics provides an up-to-date account, demonstrating how ethical institutions work in combination to lower transaction costs and address issues of trust and commitment.

The book examines a range of topics, such as the 2008 financial crisis, the moral limits to markets, the findings of experimental economics, and the nature of economic justice. The book demonstrates how the neoclassical welfare theory of preference satisfaction is ethically incomplete and subject to misuse. The foundational work of Adam Smith’s moral sentiments model appears throughout the text.

Link to the book is available here.

Exit from Globalization

By Richard Westra | 2016, Routledge

Exit from Globalization moves from theory to practice: from questions of where incorrigible knowledge of substantive economic life derives and how that knowledge is put towards making a progressive, redistributive, eco-sustainable future of human flourishing.

Westra discards at the outset views that the root of current economic ills is the old devil we know, capitalism. Rather, he maintains the neoliberal decades spawned a "Merchant of Venice" economic excrescence bent upon expropriation and rent seeking which will scrape all the flesh from the bones of humanity if not stopped dead in its tracks. En route to providing a viable design for the human future in line with transformatory demands of socialists and Greens, Westra exorcizes both Soviet demons and ghosts of neoliberal ideologues past which lent support to the position that there is no alternative to "the market".

Exit from Globalization shows in a clear and compelling fashion that while debates over the possibility of another, potentially socialist, world swirl around this or that grand society-wide scheme, the fact is that creative future directed thinking has at its disposal several economic principles that transformatory actors may choose from and combine in various ways to remake human economic life. The book concludes with an examination of the various social constituencies currently supporting radical change and explores the narrowing pathways to bring change about.

Link to the book is available here (20% discount - enter the code "FLR40" at checkout).

Post-Keynesian Essays from Down Under: Volume I-IV

By Joseph Halevi, G.C. Harcourt, Peter Kriesler and John Nevile | 2015, Palgrave Macmillan

Volume I: Essays on Keynes, Harrod and Kalecki

Joseph Halevi, Geoff Harcourt, Peter Kriesler and J. W. Nevile bring together a collection of their most influential papers on post-Keynesian thought. Their work stresses the importance of the underlying institutional framework, of the economy as a historical process and, therefore, of path determinacy. In addition, their essays suggest the ultimate goal of economics is as a tool to inform policy and make the world a better place, with better being defined by an overriding concern with social justice.

Link to the volume is available here.

Volume II: Essays on Policy and Applied Economics

Joseph Halevi, G. C. Harcourt, Peter Kriesler and J. W. Nevile bring together a collection of their most influential papers on post-Keynesian thought. Their work stresses the importance of the underlying institutional framework, of the economy as a historical process and, therefore, of path determinacy. In addition, their essays suggest the ultimate goal of economics is as a tool to inform policy and make the world a better place, with better being defined by an overriding concern with social justice.

Link to the volume is available here.

Volume III: Essays on Ethics, Social Justice and Economics

Joseph Halevi, G. C. Harcourt, Peter Kriesler and J. W. Nevile bring together a collection of their most influential papers on post-Keynesian thought. Their work stresses the importance of the underlying institutional framework, of the economy as a historical process and, therefore, of path determinacy. In addition, their essays suggest the ultimate goal of economics is as a tool to inform policy and make the world a better place, with better being defined by an overriding concern with social justice.

Link to the volume is available here.

Volume IV: Essays on Theory

Joseph Halevi, G. C. Harcourt, Peter Kriesler and J. W. Nevile bring together a collection of their most influential papers on post-Keynesian thought. Their work stresses the importance of the underlying institutional framework, of the economy as a historical process and, therefore, of path determinacy. In addition, their essays suggest the ultimate goal of economics is as a tool to inform policy and make the world a better place, with better being defined by an overriding concern with social justice.

Link to the volume is available here.

Real World Macro, 32nd edition.

Real World Macro is a lively, thought-provoking supplement to introductory and intermediate macroeconomics textbooks. Real World Macro asks the big questions that standard textbooks try to avoid: What's so great about growth? Is unemployment natural? Why should inequality matter?

Along with covering the basics—monetary and fiscal policy, productivity and investment, inflation and unemployment—Real World Macro also looks at the so-called debt crisis, debates about taxes and their effects on macroeconomic outcomes, and arguments for and against "free trade." Chapter introductions help students review the concepts examined in each article, and discussion questions help students relate macroeconomic theories to the latest real-world issues.

Real World Macro’s engaging articles are drawn from the pages of Dollars & Sense, the leading magazine of popular economics.

Link to the book is available here.

Real World Micro, 22nd edition.

Real World Micro is a great supplement to any mainstream introductory textbook. In addition to presenting alternative perspectives on the basics—supply and demand, production and consumption decisions, market structure and monopoly, market failure and the roles of government—Real World Micro relates theoretical principles to current controversies about income distribution, environmental protection, taxes, labor, trade, and (in a new "Policy Spotlight" chapter) intergenerational equity.

Organized to follow the outline of a standard economics text, each chapter leads off with a brief introduction, including study questions for the entire chapter, to help students relate the articles to the theories in standard textbooks. Its contents provide vivid, real-world illustrations of key economic concepts.

Real World Micro’s well-researched, readable articles are drawn from the pages of Dollars & Sense, the leading magazine of popular economics.

Link to the book is available here.

Book Reviews

Oiling the Urban Economy: Land, labour, capital, and the state in Sekondi-Takoradi

Oiling the Urban Economy: Land, labour, capital, and the state in Sekondi-Takoradi, Ghana, by Franklin Obeng-Odoom, New York, NY: Routledge, 2014; ISBN: 978-0-415-74409-6, 192 pages.

Reviewed by Frances Osei-Bonsu, Denison University

Heterodox Graduate Programs, Scholarships and Grants

2 PhD scholarships in digital labour analysis & digital ideology critique at University of Westminster (CAMRI)

The Westminster Institute for Advanced Studies and the Westminster School of Media, Arts & Design are pleased to offer two PhD Studentships, consisting of a fee waiver and annual stipend of £16,000 for three years. The Studentship will commence in September 2016, and is available to applicants with a Home (UK) or EU fee status.

The Westminster Institute for Advanced Studies (WIAS) is a new institute at the University of Westminster. It is an academic space for independent critical thinking beyond borders. The WIAS’s aim is to foster and disseminate advanced studies that generate insights into the complex realities and possibilities of the contemporary world. The WIAS first research focus is critical social media research. Professor Christian Fuchs is the Institute’s director.

We welcome proposals that fit into the WIAS’s research framework of critical social/digital media research and give particular focus to the theoretical and empirical analysis of particular questions having to do with a) the political economy of digital labour or b) the ideology critique of social media data and discourses.

The Communication and Media Research Institute (CAMRI) is one of the leading research groups in media and communication. Its work has been rated by the UK Government’s 2014 Research Excellence Framework as 52% 4* (world leading), and 35% 3* (internationally excellent). We have over 20 research active staff and 70 PhD students.

We have a wide and expanding range of research interests, centered on three main research groups in social media, media policy and industries and media history. We have established centres for the study of the media in China, India, the Arab world and Africa. In the broadest sense we are interested in the social, economic, political and cultural significance of the media, and welcome proposals from prospective students on these or any other topic related to media and communication.

Eligible candidates will hold at least an upper second class honours degree and a Master’s degree. Candidates whose secondary level education has not been conducted in the medium of English should also demonstrate evidence of appropriate English language proficiency, normally defined as 6.5 in IELTS (with not less than 6.0 in any of the individual elements).

Entry requirements

The Studentship consists of a fee waiver and a stipend of £16,000 per annum. Successful candidates will be expected to undertake some teaching duties.

Prospective candidates wishing to informally discuss an application should contact Professor Christian Fuchs, c.fuchs@westminster.ac.uk or Dr Anthony McNicholas, mcnichc@westminster.ac.uk.

The closing date for applications is 5pm, 21 January 2016

Application and Application Guidelines

All details about the PhD program are available here.

EPOG Erasmus Mundus Program: Call for Application

The main objective of the EPOG Master's course is to give birth to a new generation of international experts, able to define and assess economic policies and evolve within different political, social and regional contexts. Towards this objective the EPOG Master’s Program goes beyond the reach of standard economic theory to include various heterodox approaches that may have more to say about the challenges facing national policy makers in a globalized context.

The programme relies on 8 prestigious universities:


The very best students from all over the world will be eligible for scholarships awarded for 2 years by the European Commission, based on our selection:


Deadline for students who are applying for Erasmus Mundus scholarships will be the January 6, 2015.

The course will start in September 2016.

Note two recommendation letters are needed to apply and have to be provided by the deadline.

More information available at www.epog.eu

ESRC Collaborative Research Studentships

The Department of Political Economy at King's College London is now inviting applications for an ESRC Collaborative Doctoral Studentship, based in the Department in collaboration with The Gatsby Charitable Foundation.

The scholarship is for research into the capacity of the UK system of vocational education and training (VET) to provide the technician-level skills required by the UK manufacturing sector, especially in industries where methods of production are being transformed through the use of new technology.

For details, please see:


New Blog Site from the Department of Development Studies, SOAS, University of London

The Department of Development Studies at the School of Oriental and African Studies (SOAS), University of London, has just launched a new blog: https://blogs.soas.ac.uk/development-studies/

The Department has a particular focus on the political economy of development; migration and refugee studies; labour and social movements; aid and development policy; globalisation and neoliberalism; agrarian change and rural development; violence, security and conflict; and the political ecology of environment and development.

The Department combines unrivalled expertise of regional development in Asia, Africa, and the Middle East and Latin America with an outstanding reputation for the study of non-Western development processes and systems of thought. It is known for its heterodox views and critical engagements with development topics.

New Blog Site on post-Keynesian economics

Greg Hannsgen’s Economics Blog, greghannsgen.org was launched in December. This economics blog will feature analysis, charts, interesting links, book reviews, and interactive Wolfram CDFs (tm), which allow the reader to explore the implications of changing the assumptions that lie behind an economic model. The blog will focus on macro, money, finance, and energy-related issues from a broadly post-Keynesian perspective. See the blog site for more details. Hannsgen is formerly of the Levy Institute policy blog multiplier-effect.org.

Calls for Support

Economists' statement concerning the refugee crisis

Dear colleagues,

Economists are signing a statement calling on the UK Government to urgently adopt a fair and humane approach to the refugee crisis. Economists are well placed to point out the dysfunction and unacceptable cost in human suffering and lost lives of the current approach.

Signatories to the economists’ statement so far include Baron Mark Malloch Brown, Professor Sir Richard Jolly, Professor Emeritus John Weeks and Jonathan Portes (signing in a personal capacity).

Who can ‘sign’?

We are asking economists who are either based in Britain, or who have published work concerning the British economy, to endorse the statement . To maximise the weight given to the statement, we are limiting signatories to those who either work in the fields of economics or public policy or who, if in academia, have a doctorate in economics or a closely related field.

How to ‘sign’

If you feel able to support this initiative, I would be very grateful if you would endorse the inline statement by emailing me, b.j.burchell@magd.cam.ac.uk, cc economists4refugees@gmail.com, using the subject heading ‘Economists’ statement concerning refugee crisis’. Please would you state your workplace, professional title and any other title.

Circulation and confidentiality

I would be very grateful also if you would circulate to other economists who you believe may be supportive.

The intention is to go public in the UK press once we have a substantial number of signatories but to maintain this initiative confidential until ready to go to press (likely to be in late January 2016). I would be very grateful therefore if you could refrain from circulating this beyond economists, and refrain from mentioning this on social media.

The genesis of the ‘four refugee principles’

The ‘four refugee principles’ contained in the economists’ statement (below) were initially developed by policy specialists and lawyers working in the refugee field. These principles were then endorsed, in October, by over three hundred judges and lawyers. Signatories to the judges’ and lawyers’ statement included the former President of the UK Supreme Court; three other retired law Lords; the former President of the European Court of Human Rights; five retired Court of Appeal Judges; the former Director of Public Prosecutions; the former Head of the Government Legal Service; and the former Independent Reviewer of Terrorism Legislation. (For details of the judges and lawyers’ statement, see http://www.lawyersrefugeeinitiative.org/. ; for examples of the press coverage, see http://www.theguardian.com/uk-news/2015/oct/12/too-low-too-slow-too-narrow-conservatives-asylum-policy-criticised or http://www.bbc.co.uk/news/uk-politics-34502419).

There is now a wider campaign of endorsements by civil society groups for the ‘four refugee principles’. We hope that this statement will form a prominent part of that campaign.

This statement is signed by *** economists.

We believe that the UK’s response to the refugee crisis is seriously inadequate.

The costs in human wellbeing of the refugee crisis, however calculated, are so extremely high that it is morally unacceptable for the UK not to pay a fuller part in taking in refugees.

The UK’s current offer of 20,000 resettlement places spread over five years, only open to those still outside the EU, and only open to Syrians, is too low, too slow and too narrow.

As the world’s fifth largest economy, the UK can do far more. The UK in its recent history has taken in far higher numbers of asylum seekers and refugees and at far greater speed and managed it well (some 85,000 people claimed asylum in the UK in 2002 alone, for example).

Refugees should be taken in because they are morally and legally entitled to international protection, not because of the economic advantages they may bring. Nonetheless, it is important to note that the economic contribution of refugees and their descendants to the UK has been high (for example the Ugandan Asian refugees, whose arrival in Britain in 1972 was greeted with initial anxiety, went on to make an ‘extraordinary contribution’ to British life, as the Prime Minister has observed).

The Government’s current policy is based on the misguided premise that refugees will be deterred from travelling to the EU by refusing to take in those who have arrived and by refusing to offer safe or legal routes by which to come. That misunderstands the intolerable ‘push’ factors that are forcing people out of countries of persecution and from neighbouring countries in which a humanitarian disaster is escalating in the camps. It is the parallel of the Government’s earlier policy of trying to ‘deter’ travel by scaling down search and rescue in the Mediterranean- a failed policy which cost lives. Instead, the failure to offer safe, legal routes into the EU is forcing refugees to rely on the services of people smugglers and to risk death and injury; the failure to take in refugees from other EU member states is contributing to a further humanitarian disaster in the peripheral EU countries as winter nears.

Nor does the current lack of safe, legal routes into the EU for refugees protect security - rather it outsources immigration control to people smugglers and generates chaos, suffering and death at the EU's periphery.

We therefore call on the UK government to urgently adopt a refugee policy which abides by the following four principles:

1. The UK should take a fair and proportionate share of refugees, both those already within the EU and those still outside it.

2. Safe and legal routes to the UK, as well as to the EU, need to be established.

3. Safe and legal routes within the EU, including the UK, should be established.

4. There should be access to fair and thorough procedures to determine eligibility for international protection wherever it is sought.

The signatories of this letter, unless otherwise stated, are signing in a personal capacity.