Heterodox Economics Newsletter

Issue 195 April 11, 2016 web pdf Heterodox Economics Directory

Before turning to more important stuff, I wanted to remind you that the completely new, 6th edition of the Heterodox Economics Directory is still open for feedback and additional suggestions. So please, take a minute to check whether the descriptions of those institutions, journals and universities you are affiliated with are still up-to-date and adequately representing your work. In case you have suggestions for updates, corrections or additional content simply send us an email.

In this Newsletter you will also find a note on a recently published book by Anwar Shaikh titled Capitalism: Competition, Conflict, Crises. I have been looking forward to this book as I hoped that Anwar's opus magnum might fill some of the voids left by other recent publications on Capitalism in the 21st century. Curious as I am, I did some inquiries with reference to my high hopes and managed to acquire this informal praise by an early, eminent reviewer, which I would like to share with you:

"Thomas Piketty’s ‘Capitalism in the Twenty-First Century’ and Anwar Shaikh’s ‘Capitalism: Competition Conflict Crisis’, should, I believe, be regarded as complements. Piketty’s book is flawed mainly because, in order to communicate with the mainstream, his principal analytical structure is the neoclassical aggregate production function. Many commentators have pointed out that this cannot catch the principal characteristics of the real world long-term happenings he is trying to illuminate, nor necessarily produce inferences which match his empirical findings. But his painstaking gathering and careful clarification of data, and his humane policy recommendations, place him squarely amongst the good guys. Shaikh’s analytical structures are much deeper and more relevant for an understanding of the complex organisms that are ancient and modern capitalism. His empirical research is extremely thorough and analytically sophisticated. I wrote in my endorsement of the book ‘In an extraordinary blend of original theory and careful empirical work, we have possibly the most comprehensive structure since Marx’s “Capital”, within which to understand and analyse the many inter-related processes that constitute modern advanced capitalism. [The book provides] a platform on which to erect appropriate policies to tackle the revealed malfunctionings and undesirable social outcomes’."

Geoffrey Harcourt, Professur emeritus Cambridge and Adelaide

Having said that, it is nearly superfluous to add that I have already ordered my copy of this ambitious tome ;-)



© public domain

Table of contents

Call for Papers

ASHE/NEA Summer Conference on "Freedom and Justice" (Washington D.C., 2016)

8-10 August, 2016 | Washinton D.C., US

The National Economic Association (NEA) and the American Society of Hispanic Economists (ASHE) announce and invite paper submissions for our 3rd Annual "Freedom and Justice" Conference. The conference is co-sponsored by Howard University, the AFL-CIO, and the Washington Center for Equitable Growth.

This year’s keynote speaker will be Mark Hugo, Director of Hispanic Research, PEW Research Center.

The conference calls attention to the words of A. Philip Randolph and Betita Martinez, activists and civil rights leaders who linked racial justice with economic justice for all. The conference will provide a forum for discussion of ongoing racial-ethnic economic disparities and policy recommendations designed to counter them.

We are especially interested in papers/panels submissions on the following topics:

  1. The effects of unions and union density on African-American and Latino wages, access to health insurance, and pensions
  2. Income Mobility and Race-Ethnicity
  3. Immigration
  4. Impact of Inequality on Economic Growth
  5. Inequality between Racial-Ethnic Groups
  6. Inequality and African American and Latino educational attainment.

Papers/Panels which examine inequality for Native and Asian Americans are also encouraged.

We invite scholars to explore these and other questions at our interdisciplinary summer conference.

Abstracts of approximately 200 words should be sent as Word attachments to nbanks@bucknell.edu. Only e-mail submissions will be considered. Conference presentations must be no longer than 15 minutes.

The abstract submission deadline is May 1, 2015. Abstracts must include presenter's name, title, affiliation, physical mailing address, e-mail address, phone number(s), and any audio/visual requests. We invite submissions for individual papers as well as for panels. Presenters will be notified of status by May 10th.

The Conference registration fee is $125.00. The conference registration and hotel information will be on-line and available once submissions have been accepted.

Annual Conference of the Development Studies Association on "Politics in Development" (Oxford, 2016)

12-14 September, 2016 | University of Oxford, UK

The 2016 annual conference of the Development Studies Association (DSA) will be hosted by the Oxford Department of International Development (ODID) at the University of Oxford from 12 to 14 September. The conference will take place in the historic Examination Schools in the centre of the city, with accommodation provided in nearby colleges.

We warmly invite all interested researchers to join us in Oxford for the DSA2016 conference. There will be three days of scintillating keynotes, plenary sessions and parallel panels, interspersed with a dinner, drinks reception and book launch and exhibits. We expect over 400 academics and practitioners to participate in this exciting programme. The conference is titled Politics in Development, and a brief theme describes a possible focus for some of the panels and papers. While papers directly addressing the conference theme are particularly encouraged, proposals on any issue relevant to the understanding of international development are welcomed.

Whereas previously DSA has sought panel proposals complete with their constituent papers, this year we are adopting another widely-used model, where convenors propose a panel title and abstract, and then there's an open call for paper proposals from all-comers. The aim is to open up the conference process to allow for the creation of new networks, putting people in touch with each other who have related research interests. Papers are expected to be proposed to specific panels, but standalone papers will also be welcomed.

The conference convenors are keen to involve the wider community of colleagues working in the realm of policy and practice and thus welcome panel sessions being organised in other formats that generate exciting discussion and exchange of ideas. This should be stated in the panel abstract.

The call for papers is now open. The deadline for submissions is 23:59 UK time, on 25th April. Please browse the list of accepted panels and read the call page for instructions, before submitting your paper proposal.


The Development Studies Association (DSA) is the largest and most coherent national platform for people studying, teaching and researching development issues. We encourage all with interest in development studies or wishing to attend the conference to join the association via our website.

The Oxford Department of International Development (ODID) is the focus at Oxford for teaching and research on international development: the understanding of change and inequality in developing countries, and the interaction of these countries with the rest of the world. Read more.

Conference convenors

Nandini Gooptu (Oxford Department of International Development, DSA Council Member), Oliver Owen (Oxford Department of International Development), Indrajit Roy (Oxford Department of International Development), Diego Sanchez-Ancochea (Oxford Department of International Development); David Hulme (University of Manchester, DSA President), Sarah White (University of Bath, DSA Council member)

Association for Social Economics @ ASSA (Chicago, 2017)

6-8 January, 2017 | ASSA, Chicago, Illinois, USA

THEME: Human Development and Poverty Reduction

The Association for Social Economics (ASE) is one of the founding members of the Allied Social Sciences Associations that holds its annual meetings together with the American Economic Association (AEA) in January each year. In January 2017, the AEA-ASSA meetings will be held in Chicago. ASE will organize seven sessions, plus a Presidential breakfast during the conference and a keynote address the night before the start of the conference. The keynote will be given by Kaushik Basu, Senior Vice President for Development Economics at the World Bank.

Researchers interested in social economics have traditionally worked on topics that matter for how vulnerable groups fare in society and are affected by public policy. Issues related to the eradication of extreme poverty and investments in human development remain vital today in both developed and developing countries. For the ASE sessions at the 2017 ASSA meetings, we welcome proposals for papers/sessions on all aspects of social economics, but are especially interested in papers related to human development and poverty reduction. Possible topics include but are not limited to:

Proposals for papers as well as complete sessions are welcome. The submission deadline is May 1, 2016. The online form will be active soon. Individuals whose papers are accepted for presentation must either be or become members of the Association for Social Economics by July 1, 2016, in order for the paper to be included in the program. To submit a paper or session, please click here.

Membership information can be found at www.socialeconomics.org. Papers presented at the ASSA meetings are eligible for the Warren Samuels Prize, awarded to the best paper that advances the goals of social economics and has widespread appeal. A selection of the papers (or shorter policy-oriented versions of the papers) will be published in a special issue of Forum for Social Economics, one of the association’s journal. Although this is not required, researchers are encouraged to share their paper at the time of submission, as this will increase the likelihood of acceptance in the program and publication in the special journal issue.

For any question, please send an email to Quentin Wodon at qwodon@worldbank.org.

Call for Book Chapter Proposals: "Intergenerational Responsibility in the 21 Century"

Vernon Press, a small independent publisher committed to excellence in scholarship, invites chapter proposals for a forthcoming collected volume on ‘Intergenerational Responsibility in the 21 Century’ edited by Julia M. Puaschunder (Harvard University and The New School Department of Economics). The main theme is intergenerational equity – the fairness to provide an at least as favorable standard of living as experienced today – and contemporary trends in intergenerational responsibility in the public and private sectors. We welcome contributions to the study of intergenerational equity from across the social sciences, including behavioral sciences, cultural studies, economics, humanities, science and technology, and international development. Contributions offering novel perspectives on intergenerational leadership, documenting alternative approaches and methods for advanced studies or of direct relevance to contemporary debates and implications for public policy are particularly encouraged.

Sample topics

Aging population; Climate change; Complex intertemporal networks; Corporate Social Responsibility; Leadership management; Intergenerational equity; Intergenerational leadership; Intergenerational network design; Intergenerational relations; Intertemporal discounting; Migration; Overindebtedness; Overlapping generations; Pension reform; Policy implications of intergenerational fairness; Social glue; Social network theory / analysis

Chapter proposal guidelines

Submission procedure

Please send a short book chapter proposal (5 pages maximum) or extended abstract to submissions@vernonpress.com by May 31, 2016 – preferably including a list of references planned to be covered.

After initial assessment, authors will be invited to submit a 5,000-8,000 words chapter by December 15, 2016 for double blind review without containing any reference to the author(s) and in compliance with Vernon Press submission guidelines.

About the publisher

Vernon Press is an independent publisher of scholarly books with a focus on Economics and Sociology. Our mission is to serve the community of academic and professional scholars by providing a visible, quality platform for the dissemination of emergent ideas. We work closely with authors, academic associations, distributors and library information specialists to identify and develop high quality, high impact titles.

For more information, visit www.vernonpress.com

ESPAnet Poland - Stream: Social and Technological Innovation in Ageing Policies in the European Union (Warsaw, 2016)

22-24 September, 2016 | University of Warsaw, Poland

CALL FOR ABSTRACTS: The 3rd International Conference of ESPAnet-Poland

Stream: "1. Social and Technological Innovation in Ageing Policies in the European Union"
Stream convenors: Andrzej Klimczuk (Warsaw School of Economics, Poland) Łukasz Tomczyk, Ph.D (Pedagogical University of Cracow, Poland)
Language: English

Stream description: In recent years, more and more emphasis is placed on the search for innovative responses to the challenges of ageing populations. Increasingly, the legitimacy of creating local solutions, products, and services is emphasized to meet the social needs of older adults as well as for the maintenance of intergenerational solidarity. The aim of the session is to discuss the programming, promotion, and implementation of innovative policies, programs, and projects related to ageing. In particular, we draw attention to the search for best practices, testing of innovative models, and dilemmas in the fields of management, financing, implementing and maintaining the sustainability of these new programs. The session welcomes papers that will provide both theoretical and empirical findings. Selected topics that we would like to underline include, but are not limited to:

- Social innovations based on diversity of ageing policy concepts (such as healthy ageing, active ageing, creative ageing, and ageing in place).
- Preventive approaches in ageing policies as well as older-person centered and integrated care.
- An integrated public policies for older adults and intergenerational programs for delivering social and care services.
- Governance and ageing policies, including multilevel and multisectoral approaches to age-friendly cities and communities.
- Strategies for scaling social innovations for ageing societies.
- Digital social innovation, ICT solutions, social and service robotics, smart solutions, gerontechnology, and welfare technology for independent living for older adults.

Papers presented in the thematic session will have a chance to be published in the planned volumes of the “Czech-Polish-Slovak Studies in Andragogy and Social Gerontology” series (see here).

Each abstract should contain:
- Contact details (name and surname, institutional affiliation, e-mail address)
- Information on the selected stream
- Title of the proposed paper
- Abstract: 200-250 words.

Submissions should be sent to ESPANET2016@UW.EDU.PL, Deadline for submissions in May 15th 2016.

More information can be found on the conference's website (see here and here).

International Conference on "A Great Transformation? Global Perspectives on Contemporary Capitalisms" (Linz, 2017)

10-13 January, 2017 | Johannes Kepler University Linz, Austria

Concept, questions, speakers, and issues of the conference

Ever since the global economic area opened up in the 1990s – and most recently, in the wake of the 2008 financial crisis – Karl Polanyi’s economic and cultural history of capitalism, published as The Great Transformation in 1944, has been attracting renewed attention. Given his deft analysis of the liberal creed or how he refers to labor, land, and money as fictitious commodities, Polanyi’s critique of capitalism has never disappeared from the discussion. However, the unleashing of the market – and more specifically, of financial markets – has resulted in his ideas being widely received among sociologists, political scientists, and economists from all over the world. Polanyi’s analyses of the relationship between economy and society, and between economy/market and politics/state – along with his perspectives on civil society movements – all seem to be custom-made for capturing the crises, changes, and transformations of contemporary capitalisms. Meanwhile, Polanyi’s ideas and models have been profusely revised, pursued, developed, and checked for appropriateness when analyzing developments in the Global North and South. Moreover, a wealth of answers has emerged to the question of how his particular analysis of society may have inspired sociology, political science, and economics.

The conference A Great Transformation? Global Perspectives on Contemporary Capitalisms seeks to continue this discussion, identify new salient points and study the following questions: How do developments in contemporary capitalisms in the Global North and South constitute a great transformation, i.e. an epochal change in which the relationship between politics/state and economy/market undergoes fundamental changes at the global, international, transnational, and national levels? Have there been parallel, contradictory or interwoven developments and what form do these take? How are they shaped by social inequalities arising from gender, ethnicity and class, by power and dominance, and by conflict and resistance? How can all these developments be considered in light of Karl Polanyi’s The Great Transformation? How do other analyses of and theories on capitalism rooted in sociology, political science, and economics contribute to social analysis and criticism? Where do they interlink with Polanyi’s perspective and where do they take different paths? All these questions will be thoroughly discussed at this interdisciplinary international conference.

The conference will start with an opening speech by Michael Burawoy, University of California, Berkeley/USA, and conclude with his on-stage conversation with Kari Polanyi Levitt, McGill University, Montreal/Canada. Keynote speakers will be José Luis Coraggio, Universidad Nacional de General Sarmiento, Buenos Aires/Argentina and Beverly Silver, Johns Hopkins University, Baltimore/USA.

With this call for papers, we are inviting potential participants to submit proposals related to Karl Polanyi’s work, under one of the following three headings:

Beginning with Polanyi

Under this heading, we will use Polanyi’s models and analyses as starting points for discussing the question of how to theoretically, epistemologically, and empirically utilize them when analyzing contemporary capitalisms. We welcome proposals that address one or more of the following issues:

Meeting Polanyi

Under this heading, we will discuss Polanyi’s theory in conjunction with other approaches. As all these concepts are embedded in specific scientific, historical and regional contexts, we will examine their validity as theoretical perspectives and tools for analyzing contemporary capitalisms. We welcome proposals that address one or more of the following issues:

After Polanyi

Under this heading, we will take a look at social problems that call for a contemporary analysis of capitalism. We will show how these challenges can be accepted and how Polanyi’s work contributes to meeting said challenges. We welcome proposals that address one or more of the following issues:

Addressees and conference language

With this call for papers, we are inviting scholars from all parts of the world and all branches of sociology, political science, and economics – including those working in such transdisciplinary research areas as feminist or intersectionality studies – to submit proposals under the three headings outlined above. The conference will be held in English.

Schedules for submitting abstracts and full papers

We welcome abstracts limited to a maximum of 500 words (including the title, outline of the contents, at least three but no more than five keywords, author’s name, affiliation, and full address). We are endeavoring to provide financial support to applicants whose universities, research institutes, etc. are unable to fund travel costs and who have no opportunity to apply for funds elsewhere. Applicants who wish to make use of this offer are asked to state this in their abstract.


Organizers and hosts of the conference

More details are available at the conference website.

International Conference on "Economics, Economic Policies and Sustainable Growth in the Wake of the Crisis" (Ancona, 2016)

8-10 September 2016 | Università Politecnica delle Marche, Ancona, Italy

The Department of Economic and Social Sciences of the Università Politecnica delle Marche is organizing a 3-day International Conference with a focus on the consequences of the Great Recession. The aim of the conference is to examine, from different analytical and empirical perspectives, the effects of the crisis on the economy and on economic theory, as well as to introduce possible alternatives on how to reshape the economy in order to obtain equitable prosperity, sustainable growth, and investment and jobs recovery.

INVITED SPEAKERS: Leonardo Becchetti (Università di Roma, Tor Vergata) Silvano Cincotti (Università di Genova) David Colander (Middlebury College) Roberto Danovaro (Università Politecnica delle Marche) Marco Del Negro (Federal Reserve Bank, New York) Domenico Delli Gatti (Università Cattolica, Milano) Jean-Paul Fitoussi (TBC Institut d'Etudes Politiques de Paris) Duncan Foley (New School University, New York) Alan Kirman (University of Aix-Marseille III) Bruce Greenwald (Columbia University, New York) Mariana Mazzucato (TBC, University of Sussex) Paul Ormerod (University College London) Barkley Rosser jr. (James Madison University) Joseph E. Stiglitz (TBC, Columbia University, New York)



PUBLICATIONS: A number of presented papers will be considered for the following publications: Macroeconomic Dynamics - Special Issue Industrial and Corporate Change - Special Section

More information is available on the conference's website.

International Conference on "The General Theory and Victoria Chick at 80" (London, 2016)

11 July, 2016 | University College London, UK

The conference is being organised in collaboration with The Post-Keynesian Economics Study Group and the Association for Heterodox Economics to celebrate and reflect on the lasting contributions of The General Theory and Victoria Chick to macroeconomics.

The event will take place at University College London on Monday 11 July, including a party with buffet supper in the evening. The event may include some presentations on Sunday 10 July depending on the number of paper offers.

Contributions (an oral presentation and/or a paper) are invited on the relevance of Keynes’s and Chick’s macroeconomics to critical issues in methodology, theory, policy and economics education. For example:

Please reply by May 15 (earlier if possible) to gtily@tuc.org.uk with a copy to jesperj@ruc.dk, highlighting whichever of the following apply:

We are likely to ask presenters and participants who have institutional support for a fee of around £100 to cover conference expenses. Victoria has asked us to specify ‘no gifts please’.

We hope to see you there.

Sheila Dow (Stirling and Victoria), Jesper Jespersen (Roskilde) & Geoff Tily (TUC)

Marxist-Feminist Conference (Vienna, 2016)

In March 2015 over 500 women and men participated in the first international MarxistFeminist conference. Some of the themes were: Revisiting and rethinking MarxistFeminist theory, Intersectionality from a Marxist-Feminist perspective, Hegemonic Feminism as a servant of neoliberalism, the position of women in the care economy, globalisation, education and feminist theory in the global south, human-nature relationships. Speakers included: Frigga Haug, Gayatri C. Spivak, Saskia Sassen, Nira Yuval-Davis, Cynthia Cockburn, Erica Burman, Shahrzad Mojab, Tucker Pamella Farley, and many others. The second conference, taking place in Vienna, will take up some of these themes again as well as discussing new ones. Below we present a preliminary programme. It represents the themes and panels that are already being organised. We invite you to submit either papers to these themes or themes for which you want to organise a workshop or a panel discussion.

Please provide an abstract for papers you want to present and/or panels you want to organise. The deadline for submissions is the 30th of April. Please send your submissions to Diana Mulinari or Nora Räthzel.

Further information can be found here.

Research Area Calls for the Annual EAEPE Conference: "Industrialisation, socio-economic transformation and Institutions" (Manchester, 2016)

3-5 November, 2016 | Manchester, UK

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 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.

Administrative queries can be sent to: eaepe2016@mmu.ac.uk

Following Important Dates are the same for each Research Panel:

Subcalls for this year's EAEPE-conference:

Call for Papers for the Research Area [A]: "Methodology of Economics"

Methodology of Economics Research Area (Research Area A) invites paper proposals for the conference. The proposals should be in line with the themes of the Research Area (see below). We welcome proposals on all topics in line with the agenda of the Research Area, but are particularly interested in receiving proposals on:

  1. Interdisciplinarity and pluralism in economics
  2. Methodology of institutional economics
  3. Methodological analysis of the ongoing debates over macroeconomics
  4. Methodological analysis of behavioral economics and "nudge" policies

The abstract should clearly mention (i) the title of the paper, (ii) name of the author(s) and full address of the corresponding author and his/her email address, (iii) the aim and the main argument of the paper, and (iv) keywords and the relevant JEL codes. The abstract should be 300-750 words.

Please submit your abstract through the online submission system and please indicate that your paper is intended for the Methodology of Economics Research Area [Research Area A].

Session Proposals are welcome. Please inform the Methodology of Economics Research Area Coordinators Uskali Mäki (uskali.maki@helsinki.fi) and N. Emrah Aydinonat (emrah.aydinonat@helsinki.fi) if you would like to propose a session.

Please contact us if you have any questions:


Call for papers for Research Area [C] - "Institutional Change" on Money, finance and institutional change.

The aim of the session is to discuss how money and finance affect institutional change and how policy may prevent the negative consequences, of such change. The absence of an economic recovery in most countries, the failure of monetary expansion and the persistent risk of speculative bubbles suggest that these are dramatically important issues and that the pursuit of a relevant (public) regulatory framework is not a mere academic formality depending on current intellectual opportunities. It is a matter of viability-survival for society.

Monetary and financial issues are often viewed as specific topics, typically dealt with by economists who are specialized in that field of inquiry. This suggests that independent investigations can be carried out which deal either with the real, the monetary or the financial features of the economy. It also leads to accounts of the present crisis based on a distinction between real and financial determinants and, most often, on the claim that the main cause of the crisis was a distortion of finance relative to the real economy.

A different perspective is that we live in a monetary production economy, which means that money is a key institution and that the real-monetary distinction may be conceptually useful but does not reflect an actual separation. Following this perspective, the distinction between money, credit and finance turns out to be rather blurred as well. Under these circumstances, it is more plausible to conceive of the crisis by taking into account the crucial role that money plays and how it affects the instability of the economy.

While the first two perspectives focus on the role money plays in relation to the production and distribution of output or the accumulation of capital, a third perspective focuses on the destabilizing effect and the social costs that the commodification of money, credit and finance has for society as well as for the economy. This issue, originally pointed out by K. Polanyi, has been discussed less than that of another (fictitious) commodity, labor. The three perspectives raise some interesting issues. They are listed here as possible topics for the papers

Papers that discuss these issue either in general terms or with regard to recent and less recent events are welcome.

For further questions relating to this session please write to Paolo Ramazzotti (ramazzotti@unimc.it).

Please submit your abstract through the online submission system and choose [C] Institutional Change.


Call for Papers for the Research Area [E1]: "Industrial Policy and Development"

For this year's EAEPE Conference in Manchester the research area 'Industrial Policy and Development' invites papers or sessions that offer insights to the discussion on industrial development with special emphasis on the importance of structural and institutional transformation both for developed and developing countries and regions. How this transformation can be marshalled and what is the role of industrial policy in that direction? What are the main challenges to be taken into account?

Industrial development is not referring only to the manufacturing sector but to the entire supply chain, including agricultural activities and services, as there are strong interdependencies and complementarities among these productive domains. However, the role of the manufacturing sector in the process of structural change deserves special attention as it boosts technologically-driven productivity growth and has strong interdependencies with other high value – added sectors and especially services in the economy.

In addition to the general topics that fall within the description of our research area Research Area [E1] and trying to keep in line also with the main conference theme, we invite papers or sessions that address issues related to the following topics:

Please submit your abstract through the online submission system and select RA[E1], by May 15.


Ioanna Kastelli
National Technical University of Athens, Greece

Lukasz Mamica
Cracow University of Economics, Poland


Call for Papers for Research Area [I] - Comparative Political Economy

Economic development implies structural change as its natural consequence. Demand for the products for one branch of industry switches to another after a time. Technical progress changes relative positions of industries. New industries emerge, but not necessarily in the same places as the ones which are replaced. Increasing international trade and competition make industries in some regions fail when they become less performing that in other regions. Activity of multinationals and delocalization of activities around the world makes national and regional industrial landscapes change, and their role in global value chains modified. In some regions services prevail more and more over industries. The impact of these processes on social issues such as inequality, unemployment etc., may be very important. Transition of some economies to market economy implied their opening and exposure to global competition, changing prospects of different industries.

Complex relationships between productive structures, institutions and regional features invite comparative research. Examples of decline of industries followed (or not) by restructuring and re-industrialization are numerous and diversified in economic history. How the processes following decline of coal mining regions in France and Belgium compare to problems which Polish Silesian mines encounter? Are experiences of Italian small enterprises and their competition with Asian providers transferable to other countries? In what former Eastern Germany is specific in its post-transition evolution? In what degree culture makes difference for the manner structural change is operated? Why in Scandinavian countries industrial change does not impact trade unionism, while in other countries it does?

We invite all researchers who are interested in comparative analysis of:

to participate in this Special Session.

Please submit your abstract through the online submission system and choose [I] Research Area I (before 15 May 2016).


Call for Papers for the Research Area [J] on "Monetary Economics, Finance and Financial Institutions".

This research area provides a pluralistic and interdisciplinary forum for the analysis of financial markets and their role in economy, culture and society. All aspects of finance in this respect are taken into consideration. Given the current economic situation, this research area pays particular attention to post-crisis dynamics and how present financial markets work, what their function in contemporary capitalist systems actually is and how systemic risks are produced and managed.

For the 2016 EAEPE Annual Conference, we ask for submissions on questions posed by new instruments and cultures of finance and how they shape, stabilize or interrupt economic and political systems. Repercussions of the recent financial crisis show a broadened interest in finance beyond Economics. Disciplines such as anthropology, sociology, critical management or cultural studies but also civil society actors like NGOs, activists and artists took part in debates about a better financial architecture. In order to enrich the theoretical and policy vocabulary of (heterodox) economics this research area wants to reach out to interdisciplinary perspectives on ‘Monetary Economics, Finance and Financial Institutions’. Thus, this Research Area wants to relate (but is by no means limited) to the following concerns:

We welcome submissions of individual papers or panels. Panel submissions are thought to contain 4 to 5 contributions, chair and discussant. Submissions should be handed in through the EAEPE website.

For further questions relating to the conference or this call please write to the coordinators of this Research Area: Benjamin Wilhelm (benjamin.wilhelm@sowi.uni-giessen.de) or Ian Crowther (ian.crowther@mbs.ac.uk).


Call for Papers for the Research Area [L] - Labour Economics

Nearly everywhere in recent times, the labour market has been undergoing deep transformations in its performance, its structure and its institutions. These transformations are strictly tied with the evolution of the productive structure, and particularly with the changing features of industrialisation. Therefore this year's general theme is particularly important for the labour market research area.

The traits of industrialisation that have most affected the variables of the labour markets are: the still growing process of globalization, giving way to offshoring and changes in the international division of labour; the process of innovation and technical change, with its asymmetry among countries and evolution of skill requirements; and the changing relationship between industrial capitalism and financial capitalism. Nevertheless, other features may be detected which deeply affect the evolution of the labour markets.

Failure of regulating and governing those processes may turn out in worsening the "labour standards" and cutting down the level of economic activity and the growth of employment. Therefore, a deep analysis of the relationship between labour market dynamics and industrialisation is needed as a basis for selecting appropriate lines of industrial policy aimed at obtaining a beneficial impact on the labour market.

In this light, papers concerned with the following topics would be particularly appreciated for this research area session, although other issues are also welcome:

Please submit your abstract through the online submission system and choose [L] Research Area "Labour Economics"


Call for Papers for Research Area [P]: "Economic History"

The Economic History research area of the European Association for Evolutionary Political Economy (EAEPE) is pleased to announce its call for panels and papers to the 28th annual conference in Manchester this year. The Economic History section is dedicated to providing a forum for the presentation of a plurality of theoretical and methodological approaches, as well as substantive concerns, in the area of historical scholarship in political economy.

In light of this year’s conference theme, the Economic History Research Area is especially keen to solicit proposals for papers and panels (re)examining the history of socio-economic transformation brought about by processes of industrialisation during the 18th, 19th and 20th centuries (we would also expressly mention interest in proto- and late industrialisation). We would like to particularly encourage approaches that examine the effects upon, generation of, and evolution of institutions in/on processes of industrialisation. Moreover, we are especially happy to consider panels and papers that reflect on the philosophical relation between history and theory in the production of historical economic narratives. In that vein, the research coordinators would suggest several basic guiding questions for panels and papers (although we would emphasize that potential contributors should not feel limited to these suggestions):

In addition to the conference themes, we would also encourage submissions for prospective panels and papers from all substantive areas of historical political economy. The research area is not limited in its interest of time periods, and welcomes proposals dealing with political economy issues from temporal periods as distant as antiquity, and as contemporary as the Global Financial Crisis. Moreover, the research coordinators do not discriminate between research that has engaged in primary historical research, or is limited to theoretical reflection on existing secondary sources. Panel proposals should include between 4 and 5 paper proposals, a chair and a discussant. Paper abstracts should be between 300-400 words in length. All proposals should be submitted over the EAEPE website.

Questions, queries or comments can be addressed to Matthieu Hughes (matthieu.hughes@gmail.com), Ioanna Sapfo Pepelasis (ipepelasis@aueb.gr) or Anna Spadavecchia (a.spadavecchia@henley.ac.uk).


Call for Papers for the Research Area [X]: "Networks"

Since technologies are becoming more and more complex, the locus of innovation resides not only within the firm, but also outside, at the interfaces between firms, universities, research laboratories etc. Many innovations require collective efforts of highly specializes organizations, involving different partners to act cooperatively.

Even though the research area [X] "Networks" is open to all kind of network-related issues we would like to turn our attention this year on R&D cooperation and innovation networks. In other words, we address networks in which economic actors' main rationale for cooperation is information exchange, knowledge transfer, learning and innovation.

Previous empirical research clearly indicates that an actor's strategic network positioning is positively related with firm performance. We are convinced that an in-depth understanding of the structure and dynamics of networks is crucial for explaining the innovation performance of the actors involved. Against this backdrop the lack of research on the formation and termination dynamics of R&D cooperation linkages, structural evolution of entire innovation network and related innovation outcomes of network incumbents is astonishing.

Accordingly, the major objective of this research area is to contribute to an in-depth understanding of cooperation and network dynamics along multiple analytical levels. At the same time we are curious to understand how structuration and network change processes affect firm innovativeness over time. Our considerations suggest that a number of interesting and important theoretical questions fall within the ambit of this call. We particularly encourage papers that ask questions such as the following:

Please submit your abstract through the online submission system and choose Research Area [X] Networks.

URPE Session & Paper Proposals for the ASSA 2017 (Chicago, 2017)

6-8 January, 2017 | Chicago, US

URPE invites proposals for complete sessions and individual papers for the URPE at ASSA annual meeting. URPE welcomes proposals on radical political economic theory and applied analysis from a wide variety of theoretical perspectives.

The deadline for proposed papers and sessions is May 1, 2016. At that time individual and panel proposals will be checked to ensure that everyone is current with their URPE dues or the proposals will be set aside.

Proposals for complete sessions are encouraged and should include the session title, a brief description of each paper, and the names, institutional affiliations, and email addresses of the chair, discussants, and presenters. Proposals for sessions should contain four papers. If you are proposing a complete session, please arrange to have discussants for your papers and a chair for your session. As the organizer of this session, you are responsible for conveying administrative information to session members, including confirmation that the session has been accepted, the time and location, and the deadlines for distributing papers.

Proposals for individual papers should include the title, the abstract, and the author's name, institutional affiliation, and email. Individual papers that are accepted will be assigned to sessions and each session will have an assigned organizer. Individuals whose papers are accepted may also be asked to serve as a discussant in a different session at the meetings.

We regret that high quality individual papers may be turned down due to the inability to place them in a session with papers with similar themes. The number of sessions we can have is limited by ASSA, and we regret that high quality session proposals may also have to be turned down.

You should receive word from URPE about the decision on your session or paper by late June. The date and time of sessions are assigned by the AEA in late August.

Please note that anyone who presents a paper (but not the chairs or discussants) must be a member of URPE at the time of submission of the paper or panel proposal. Membership information is available by clicking here.

Applications should be submitted online beginning April 1 at this link for individual papers: URPE@ASSA Individual Submissions or here for complete session submissions: URPE@ASSA Complete Session Submissions. If you have questions or problems with the online submission, please contact Matías Vernengo.

Proposals submitted after the May 1 deadline will not be considered.

URPE at the annual convention of the Southern Economic Association (Washington D.C., 2016)

19-21 November 2016 | JW Marriott, Washington D.C.

URPE is organizing sessions at this year's Southern Economics Association Annual Convention. Please submit paper and/or session proposals to Scott Carter at urpeatsea@urpe.org.

Scott Carter
Associate Professor of Economics
The University of Tulsa
Oklahoma USA

World Economics Association Conference: "Capital Accumulation, Production and Employment: Can We Bend the Arc of Global Capital Toward Justice?" (2016)

15 May – 15 July, 2016 | Online Conference, Discussion Forum

Conference leaders: Gerson Lima and Jack Reardon

Call for papers

This conference will focus on various aspects of global accumulation, production and employment from the broader perspective of examining their interlinkages with other economic, social, and political processes. Concerns with social inclusion extend well beyond issues of justice and fairness, since the degree of economic inequality also affects social cohesion and political stability, and can also have negative implications for economic growth and democratic institutions.
The broad themes to be covered are noted below; in addition, specific issues that could be taken up in both theoretical and empirical papers are mentioned, but these should be seen only as indicative suggestions. Papers falling within the broad topic of the conference, but on issues not specifically mentioned, are most welcome. We welcome contributions from all social scientists, policy makers, and students.

We invite papers on themes and topics including, but not limited to:

1. Finance, investment and production

2. Investment trends and the competition among countries for business

3. Challenges to working conditions

4. Economics and democracy


Paperback book of conference papers will be published later in the year.

When submitting the paper, please also include the name(s), email ardresse(s), and affiliated institutions or organizations.

Please send your submissions to: wea1conference2016@gmail.com

Further information can be found at the conference website.

Call for Participants

Conference on "Gender Budgeting: Feminist Policy Change" (Glasgow, 2016)

19-20 May, 2016 | WiSE Research Centre, Glasgow Caledonian University, UK

Conference Topic: Gender Budgeting: Feminist Policy Change in UK – Reflections on devolution and austerity

At WISE research centre, Glasgow Caledonian University, we have a long-standing research interest in gender budgeting in Scotland, UK and internationally. We are planning a 2-day conference on the advocacy, adoption and advances of gender budgeting in the devolved governments within the UK and developments in the Republic of Ireland.

We are interested in the perspectives of policy makers from within government, alongside the experiences of civil society activists and analysis by academics and advisers on the pitfalls and promise of gender budgeting. There is significant diversity across the UK in the approach to gender analysis in the budget process and that is what we are aiming to explore through dialogue, exchange and learning at this event.

We hope the audience will include policymakers, activists, analysts, and other interested specialists from across the UK and the Republic of Ireland.

The conference is free of charge, however the number of places is limited. If you wish to attend, please register at eventbrite.

Conference Programme

Thursday 19 May,09.30-4.30

Friday 20 May, 09.30-1.30

Critical Summer University Kassel

25-29 July, 2016 | University of Kassel, Germany

This summer school dedicated to the 'critique of domination' will take place at the University of Kassel on 25-29 July 2016. The school is open to anyone interested in critical perspectives in the social sciences and covers a broad range of topics and perspectives. There will be English-language crash courses and workshops throughout the week on cities and urban protest, new trade unionism, the human rights of migrants and refugees, corporate research, civil wars in the 21st century, the limits of development aid, critical realism and class theory.

Further information will follow soon and will be available here.

Next sessions of the INET YSI Online Seminar in History of Economic Thought and Philosophy of Economics

Wed 20th of April 16h UTC (for corresponding times around the world see this site)

The Influence of Mechanics and Cybernetics on 20th Century Economics

Gabriel Oliva, Universidade de São Paulo
The Road to Servomechanisms: The Influence of Cybernetics on Hayek, from the Sensory Order to the Social Order
Discussant: Jack Birner, Università degli Studi di Trento

Mark Kirstein, Technische Universität Dresden
From the Ergodic Hypothesis in Physics to the Ergodic Axiom in Economics
Discussant: J. Barkley Rosser, James Madison University


Economic Institutions and the “Scientification” of Economics in the Mid-20th Century: US and France

Alexander Arnold, New York University
Beyond Physics Envy? Thinking Through the Relationship Between Economics and the Natural Sciences in Postwar France
Discussant: Richard Arena, Université de Nice Sofia-Antipolis (TBC)

Camila Orozco Espinel, École des Hautes Études en Sciences Sociales
How Walras Made Room in the United States: Econometric Society and Cowles Commission Demarcation from Institutionalism (1930-1960)
Discussant: Tiago Mata, University College London


Economic Development and the Boundaries of Economics

Luke Messac, University of Pennsylvania
What is an Economy? Debating Production Boundaries and Women’s Work in African National Income Accounting
Discussant: Gerardo Serra, University of Sussex

Maria Dahl, King’s College London
A Western Idea of Development: What shaped the idea of development in Indian Political Economy, 1870-1914
Discussant: Manu Goswami, New York University

The sessions can be attend directly on a web browser (with or without microphone and camera) via the go-to-meeting website, with no further installation (a standalone program is offered for free download optionally), using this link at the time of the session. For papers and abstracts see the event pages accessible from the program page.

Post-Keynesian Crossborder Conference on "Inequality, Finance and Secular Stagnation" (Toronto, 2016)

13-14 May, 2016 | The Fields Institute, Toronto, Canada

The economic and financial crisis began in October 2007, and set in motion a number of events that contributed to the largest economic recession since the Great Depression of 1929. This workshop will explore the causes and policy solutions to this on-going crisis, by emphasizing a dissenting and critical view of current economic policies. The participants in this workshop place institutions and income inequality at the heart of their analysis of economic growth.

Co-organised by Louis-Philippe Rochon and Tom Michl. Hosted by the Fields Institute.

Sponsored by the International Journal of Political Economy, The Review of Keynesian Economics, and the Review of Political Economy

Location and Time

To view the schedule in PDF, click here.

For more information or if you wish to attend, please contact Louis-Philippe Rochon at Lprochon2003@yahoo.com or visit the conference website.

Summer Course on Modern Monetary Theory (Maastricht, 2016)

18-22 July, 2016 | Maastricht University, Netherlands

This course provides a new methodological approach to money and macroeconomics. Realizing that abstract equilibrium models lack descriptions of fundamental issues of a modern monetary economy, the focus of this course lies on the (stylized) balance sheets of the main actors. Money, after all, is born on the balance sheets of the central bank or commercial bank. The course aims to explain how the two monetary circuits – central bank deposits and bank deposits – are intertwined. It is also shown how government spending injects money into the economy. We discuss real world problems with a focus on the economic crisis in the eurozone. Specific issues discussed are quantitative easing, the TARGET2 system and the way the European Central Bank works.

Teacher: Dirk Ehnts

More information is available here.

Summer School on "Europe’s Many Crises: View from a Mountain"

10-24 July, 2016 | Giant Mountains (Krkonoše), Czech Republic

Our summer school promises to offer you two weeks of fun in the company of similarly minded peers, taught by leading experts in the field. The project takes place in the Giant Mountains in the heart of the Czech Republic’s oldest National Park; isolated from the every-day attraction of cities, but close enough to one of the most beautiful: Prague, which you can visit during the weekend break.

We will host the ECJ President Koen Lenaerts as our key-note speaker, Koen Lenaerts will also preside over a moot court competition, which concludes the summer school every year. The programme includes a number of other guests coming from some leading universities in Europe and the United States. We will discuss refugees, European security and the threat of terrorism, the future of the Eurozone, Brexit, TTIP etc….

Since the summer school is set in a mountain chalet, which is rather far from the amusements of a city (it is in the first, most protected part of the National Park), we always get a very nice atmosphere that you do not usually experience in summer schools, where people are busy with exploring the surroundings and are spread around in many places. At our summer school students get to know each other relatively quickly (also because we do not have more than 25 of them), which is immediately translated into a nice atmosphere in the class. And it even happens that you discuss the latest ECJ’s cases with an AG in the sauna (open every evening)

Jan Komárek (LSE) and the Organising Team from Prague

General Information

Would you like to know what programme is waiting for you during the two weeks spent in the magical setting of the Giant Mountains?

Are you interested in who will lead you through the academic programme of the summer school? Please meet our lecturers.

Do you wonder where the summer school will be held? Well, it is going to be in the Patejdlova bouda chalet in the heart of the Giant Mountains.

In the mountains? But how can I get there?

Do you have any questions regarding the summer school? Please do not hesitate to contact us using our e-mail address summer@society.cz or our contact form. Or you can have a look at frequently asked questions.

Have you made your decision to apply for the summer school? That's great news! Please let us know about your interest using the application form.


Kurt Rothschild Award for Economic Journalism and Research

In remembrance of the considerable achievements of the Austrian Professor of Economics Kurt Rothschild, whose dedication for science, policies and society has left a sustainable mark in these areas and for the first time, in 2016 the Karl-Renner-Institut and the Social Democratic parliamentary club award the Kurt Rothschild Award for Economic Journalism and Research.

The prize recognizes scientific, editorial or journalistic contributions of the author or authors, which are pluralistic in method and theory. Submissions need to be available in print or online in the German-speaking area (e.g.: in form of papers, columns, on blogs or in books).

The submission deadline ends on Friday, 29th April, 2016.

Further information on the award and the terms of participation are available in German on http://kurt-rothschild-preis.at.

Richard Higgott Journal Article Prize: Call for Submissions

Following the success of last year’s initiative, this is to announce the 2016 Australian International Political Economy Network (AIPEN) — Richard Higgott Journal Article Prize for the best article published in the broad field of International Political Economy (IPE) by an Australia-based academic.

For some time, it has been noticeable that, outside individual academic journals or associations, independent recognition of IPE scholarship in journal article form has been lacking. While there are independent and esteemed prize awards for academic book publishing, e.g. the British International Studies Association (BISA) International Political Economy Group Book Prize, the recognition of something similar for journal article accomplishment has been neglected.

Further details and guidelines on nominations, which include self-nominations, are available here.


real-world economics review, 74

Thomas Palley: Inequality, the financial crisis and stagnation

Lars Pålsson Syll: Deductivism – the fundamental flaw of mainstream economics

Frank Stilwell: Heterodox economics or political economy?

Robert R. Locke: History as a source of economic policy

Alejandro Nadal: The natural capital metaphor and economic theory

Steven Klees: Inferences from regression analysis: are they valid?

Gary Flomenhoft: Escaping the Polanyi matrix

Bernard C. Beaudreau: The petition against the Smoot-Hawley Tariff Bill: What 1,028 economists overlooked

Accounting, Organizations and Society, 48

Anna Alon, Peggy D. Dwyer: SEC's acceptance of IFRS-based financial reporting: An examination based in institutional theory

Yin Xu, Xiaoqun Xu: Taxation and state-building: The tax reform under the Nationalist Government in China, 1928–1949

Isabella Grabner, Gerhard Speckbacher: The cost of creativity: A control perspective

William F. Wright: Client business models, process business risks and the risk of material misstatement of revenue

Ecological Economics, 125

Paul Hudson, W. J. Wouter Botzen, Luc Feyen, Jeroen C. J. H. Aerts: Incentivising flood risk adaptation through risk based insurance premiums: Trade-offs between affordability and risk reduction

Octavio Fernández-Amador, Joseph F. Francois, Patrick Tomberger: Carbon dioxide emissions and international trade at the turn of the millennium

Fabienne Femenia, Elodie Letort: How to significantly reduce pesticide use: An empirical evaluation of the impacts of pesticide taxation associated with a change in cropping practice

Genovaitė Liobikienė, Justina Mandravickaitė, Jurga Bernatonienė: Theory of planned behavior approach to understand the green purchasing behavior in the EU: A cross-cultural studyP.

Zhou, M. Wang: Carbon dioxide emissions allocation: A review

David Font Vivanco, Will McDowall, Jaume Freire-González, René Kemp, Ester van der Voet: The foundations of the environmental rebound effect and its contribution towards a general framework

Hassan Benchekroun, Ngo Van Long: Status concern and the exploitation of common pool renewable resources

Yaella Depietri, Giorgos Kallis, Francesc Baró, Claudio Cattaneo: The urban political ecology of ecosystem services: The case of Barcelona

Lorrae van Kerkhoff, Helen Berry: Serving the public good: Empirical links between governance and research investment in the context of global environmental change

European Journal of Economics and Economic Policies: Intervention, 13 (1)

Louis-Philippe Rochon: Forum: Interview with Edward J. Nell: ‘A great deal of neoclassical theory is set in cloud-cuckoo-land’

Leanne Ussher: International monetary policy with commodity buffer stocks

Stefan Ederer and Torsten Niechoj: Editorial to the special forum

Philip Arestis: Can the Report of the ‘Five Presidents’ save the euro?

Andrea Terzi: A T-shirt model of savings, debt, and private spending: lessons for the euro area

Achim Truger: Reviving fiscal policy in Europe: towards an implementation of the golden rule of public investment

Jörg Bibow: Making the euro viable: the Euro Treasury Plan

Werner Raza, Bernhard Tröster and Rudi von Arnim: The blind spots of trade impact assessment: macroeconomic adjustment costs and the social costs of regulatory change

Reiner Franke and Boyan Yanovski: On the long-run equilibrium value of Tobin's average Q

Sebastian Leitner: Drivers of wealth inequality in euro area countries: the effect of inheritance and gifts on household gross and net wealth distribution analysed by applying the Shapley value approach to decomposition

Forum for Social Economics, 45 (1)

Wolfram Elsner: Welcome to the History of Thought Issue of the Forum, 1-2016

Edward J. O'Boyle & Patrick J. Welch: Tracing the Origins of Personalist Economics to Aristotle and Aquinas

Motohiro Okada: Vilfredo Pareto on Labor: A Critical Re-examination

Rafi Amir-ud-Din & Asad Zaman: Failures of the “Invisible Hand”

Anup Dash: An Epistemological Reflection on Social and Solidarity Economy

Frederic Beach Jennings Jr.: Atoms, Bits, and Wits: A New Economics for the Twenty-First Century—Part II

International Critical Thought, 6 (1)

Cheng Enfu & Xie Chang'an: American Democracy, World Peace and the China Model—A Critical Analysis of Francis Fukuyama's “At the ‘End of History’ Still Stands Democracy”

Roland Boer: Concerning the “Warm Stream” within Marxism

James Parisot: What Is, and What Is Not, A Capitalist Empire

Shaukat Ansari: Is Under-Consumption Responsible for Persistent Stagnation in the US Manufacturing Sector? Econometric Evidence and Implications for State Policy, 1965–2008

Ismael Hossein-zadeh: Keynesian versus Marxian Explanations of the Financial Crisis

Agostina Costantino: The Dark Side of the Boom: Land Grabbing in Dependent Countries in the Twenty-First Century

Franklin Obeng-Odoom: Oil in the West African Transform Margin: Dangers and Possibilities

Thomas Powell: Gun Lust: An Investigation into America's Sordid Gun Addiction

Ma Jiahong: Review and Prospect of Chinese Study on Rosa Luxemburg

International Journal of Pluralism and Economics Education, 6 (3)

Timothée Parrique: Planting the seed of change: a student-led introduction course to economics

Manosi Chaudhuri; Sonakshi Govil: Organisational citizenship behaviour and employee engagement at a leading Indian public sector oil company

Marc Pilkington: Where did the money go? Endogenous money creation for international fraudulent purposes: the case of the 2015 Moldovan banking scandal

Discussion Paper: Roundtable dialogue on pluralism

Journal of Agrarian Change, 16 (2)

Patrick Clark: Can the State Foster Food Sovereignty? Insights from the Case of Ecuador

Gearoid Millar: Knowledge and Control in the Contemporary Land Rush: Making Local Land Legible and Corporate Power Applicable in Rural Sierra Leone

Benjamin J. Marley: The Coal Crisis in Appalachia: Agrarian Transformation, Commodity Frontiers and the Geographies of Capital

Shami Ghosh: Rural Economies and Transitions to Capitalism: Germany and England Compared (c.1200–c.1800)

Nga Dao: Political Responses to Dam-Induced Resettlement in Northern Uplands Vietnam

Marc Wuyts, Blandina Kilama: Planning for Agricultural Change and Economic Transformation in Tanzania?

Review of Keynesian Economics, 4 (2)

Yun K. Kim: Macroeconomic effects of household debt: an empirical analysis

Mathieu Dufour and Özgür Orhangazi: Growth and distribution after the 2007–2008 US financial crisis: who shouldered the burden of the crisis?

Mustafa Ismihan: A useful framework for linking labor and goods markets: Okun's law and its stability revisited

José Luis Oreiro: Inconsistency and over-determination in balance-of-payments-constrained growth models: a note

Severin Reissl: Keen on endogenous money and effective demand: a further comment

Deepankar Basu: Underconsumption, capitalist investment and crisis: a reply to Sardoni

Claudio Sardoni: Marxian theories of crises: a rejoinder

Jan Toporowski: A Kalecki fable on debt and the monetary transmission mechanism

Review of Social Economy, 74 (1): Special Issue on "Scientific Misconduct and Research Ethics in Economics"

Altug Yalcintas & James R. Wible: Scientific misconduct and research ethics in economics: an introduction

James R. Wible: Scientific misconduct and the responsible conduct of research in science and economics

M. van Heerden, R.G. Visagie & J.S. Wessels: A discipline-relevant conceptual framework for research ethics review in economic sciences

Altug Yalcintas & Isil Sirin Selcuk: Research Ethics Education in Economics

Serdar Sayan: Serving as a referee for your own paper: A dream come true or…?

Stephen T. Ziliak: Statistical significance and scientific misconduct: improving the style of the published research paper

Sarah Necker: Why do scientists cheat? Insights from behavioral economics

Books and Book Series

Austro-Marxism: The Ideology of Unity

Edited by Mark E. Blum and William Smaldone | 2016, Brill

Book Series: "Austro-Marxist Theory and Strategy. Volume 1"

This volume offers the essential theoretical thought of the Austro-Marxist thinkers Otto Bauer, Max Adler, Karl Renner, Friedrich Adler, Rudolf Hilferding, and Otto Neurath over the span of their Austrian Social-Democratic careers, from the decades before World War I until the mid-1930s. Austro-Marxist theoretical perspectives were conceived as social scientific tools for the issues that faced the development of socialism in their time. The relevance of their thought for the contemporary world inheres in this understanding.

Link to the book can found here.

Capitalism: Competition, Conflict, Crises

By Anwar Shaikh | Oxford University Press

Neoclassical economical theory uses aspects of perfect functioning of markets as part of its basic assumptions and introduces imperfections as analysis proceeds forward. Many types of heterodox economics insist on dealing with imperfect competition but project backwards to a previous perfect state.

In Capitalism, Anwar Shaikh demonstrates that most of the central propositions of economic analysis can be derived without any reference to hyperrationality, optimization, perfect competition, perfect information, representative agents or so-called rational expectations. These include the laws of demand and supply, the determination of wage and profit rates, technological change, relative prices, interest rates, bond and equity prices, exchange rates, terms and balance of trade, growth, unemployment, inflation, and long booms culminating in recurrent general crises.

In every case, Shaikh's theory is applied to modern empirical patterns and contrasted with neoclassical, Keynesian, and Post Keynesian approaches to the same issues. The object of analysis is the economics of capitalism, and economic thought on the subject is addressed in that light. This is how the classical economists, as well as Keynes and Kalecki, approached the issue. Anyone interested in capitalism and economics in general can gain a wealth of knowledge from this ground-breaking text.

A link to the book can be found here.

Finding Time The Economics of Work-Life Conflict

By Heather Boushey | 2016, Harvard University Press

Employers today are demanding more and more of employees’ time. And from campaign barbecues to the blogosphere, workers across the United States are raising the same worried question: How can I get ahead at my job while making sure my family doesn’t fall behind?

Heather Boushey argues that resolving work–life conflicts is as vital for individuals and families as it is essential for realizing the country’s productive potential. The federal government, however, largely ignores the connection between individual work–life conflicts and more sustainable economic growth. The consequence: business and government treat the most important things in life—health, children, elders—as matters for workers to care about entirely on their own time and dime. That might have worked in the past, but only thanks to a hidden subsidy: the American Wife, a behind-the-scenes, stay-at-home fixer of what economists call market failures. When women left the home—out of desire and necessity—the old system fell apart. Families and the larger economy have yet to recover.

But change is possible. Finding Time presents detailed innovations to help Americans find the time they need and help businesses attract more productive workers. A policy wonk with working-class roots and a deep understanding of the stresses faced by families up and down the income ladder, Heather Boushey demonstrates with clarity and compassion that economic efficiency and equity do not have to be enemies. They can be reconciled if we have the vision to forge a new social contract for business, government, and private citizens.

Link to the book is available here.

Gender, Development and Globalization Economics as if All People Mattered, 2nd Edition

By Lourdes Beneria, Günseli Berik, Maria Floro | 2015, Routledge

Gender, Development, and Globalization is the leading primer on global feminist economics and development. Lourdes Benería, a pioneer in the field of feminist economics, is joined in this second edition by Gunseli Berik and Maria Floro to update the text to reflect the major theoretical, empirical, and methodological contributions and global developments in the last decade. Its interdisciplinary investigation remains accessible to a broad audience interested in an analytical treatment of the impact of globalization processes on development and wellbeing in general and on social and gender equality in particular.

The revision will continue to provide a wide-ranging discussion of the strategies and policies that hold the most promise in promoting equitable and sustainable development. The authors make the case for feminist economics as a useful framework to address major contemporary global challenges, such as inequalities between the global South and North as well as within single countries; persistent poverty; and increasing vulnerability to financial crises, food crises, and climate change. The authors’ approach is grounded in the intellectual current of feminism and human development, drawing on Amartya Sen’s capability approach and focused on the importance of the care economy, increasing pressures faced by women, and the failures of neoliberal reforms to bring about sustainable development, reduction in poverty, inequality, and vulnerability to economic crisis.

Link to the book is available here.

Rethinking Economic Policy for Social Justice: The radical potential of human rights

Rethinking Economic Policy for Social Justice shows how human rights have the potential to transform economic thinking and policy-making with far-reaching consequences for social justice. The authors make the case for a new normative and analytical framework, based on a broader range of objectives which have the potential to increase the substantive freedoms and choices people enjoy in the course of their lives and not on not upon narrow goals such as the growth of gross domestic product. The book covers a range of issues including inequality, fiscal and monetary policy, international development assistance, financial markets, globalization, and economic instability. This new approach allows for a complex interaction between individual rights, collective rights and collective action, as well as encompassing a legal framework which offers formal mechanisms through which unjust policy can be protested.

This highly original and accessible book will be essential reading for human rights advocates, economists, policy-makers and those working on questions of social justice.

Link to the book is available here.

The China Triangle: Latin America’s China Boom and the Fate of the Washington Consensus

By Kevin P. Gallagher | 2016, Oxford University Press

Since 1980, China has evolved from a poor and mostly rural society into one of the largest economies in the world. As it grew into a major industrial power, it demanded enormous amounts of steel for new factories and cities, copper for electronic wires, petroleum for cars and manufacturing plants, and soybeans and cattle to feed its workers. By the 1990s, many Latin American countries were riding China's coattails and beginning to prosper from the new demand. Ever since China entered the World Trade Organization at the turn of the century, Latin America supplied China with more and more of the primary commodities it needs and more. That in turn has produced one the most impressive periods of economic growth on the continent in fifty years. And it was more evenly spread too - a region infamous for its extreme inequality saw it decline by a couple of percentage points over the course of the era.

In The China Triangle, Kevin P. Gallagher traces the development of the China-Latin America trade over time and covers how it has affected the centuries-old (and highly unequal) US-Latin American relationship. He argues that despite these opportunities Latin American nations have little to show for riding the coattails of the 'China Boom' and now face significant challenges in the next decades as China's economy slows down and shifts more toward consumption and services. While the Latin American region saw significant economic growth due to China's rise over the past decades, Latin Americans saved very little of the windfall profits it earned even as the region saw a significant hollowing of its industrial base. What is more, commodity-led growth during the China boom reignited social and environmental conflicts across the region.

Scholars and reporters have covered the Chinese expansion into East Asia, Southeast Asia, Australasia, Africa, the US, and Europe. Yet China's penetration Latin America is as little understood as it is significant-especially for America given its longstanding ties to the region. Gallagher provides a clear overview of China's growing economic ties with Latin America and points to ways that Latin American nations, China, and even the United States can act in order to make the next decades of China-Latin America economic activity more prosperous for all involved.

Link to the book is available here.

The City: London and the Global Power of Finance

By Tony Norfield | 2016, Verso Books

The City, as London’s financial centre is known, is the world’s biggest international banking and foreign exchange market, shaping the development of global capital. It is also, as this groundbreaking book reveals, a crucial part of the mechanism of power in the world economy.

Based on the author’s twenty years’ experience of City dealing rooms, The City is an in-depth look at world markets and revenues that exposes how this mechanism works. All big international companies—not just the banks—utilise this system, and The City shows how the operations of the City of London are critical both for British capitalism and for world finance.

Tony Norfield details, with shocking and insightful research, the role of the US dollar in global trading, the network of Britishlinked tax havens, the flows of finance around the world and the system of power built upon financial securities. Why do just fifty companies now have control of a large share of world economic production? The City explains how this situation came about, examining the history of the world economy from the postwar period to the present day.If you imagine you don’t like “finance” but have no problem with the capitalist market system, think again: it turns out the two cannot be separated.

Link to the book is available here.

The New Rulers of the World

By John Pilger | 2016, Verso Books

Pilger tackles the injustices and double standards inherent in the politics of globalization and exposes the terrible truth behind the power and wealth of states and corporations.

John Pilger is one of the world’s renowned investigative journalists and documentary filmmakers. In this classic book, with an updated introduction, he reveals the secrets and illusions of modern imperialism. Beginning with Indonesia, he shows how General Suharto’s bloody seizure of power in the 1960s was part of a western design to impose a “global economy” on Asia. A million Indonesians died as the price for being the World Bank’s “model pupil.” In a shocking chapter on Iraq, he delineates the true nature of the West’s war against the people of that country. And he dissects, piece by piece, the propaganda of the ‘war on terror’ to expose its Orwellian truth. Finally, he looks behind the picture-postcard image of his homeland, Australia, to illuminate an enduring legacy of imperialism: the subjugation of the First Australians.

Now with a new introduction, this remains one of the most shocking investigations of contemporary power.

Link to the book is available here.

Unleashing Usury: How Finance Opened the Door to Capitalism Then Swallowed It Whole

By Richard Westra | 2016, Clarity Press

Richard Westra argues that changes across the capitalist world at the turn of the 21st century put into play a global financial system which operates as a reincarnation of ancient usury. The book reexamines the historical record to show how activities of antediluvian money lending brought Western civilization to the brink of collapse. Usury corrupted princes and kings by indulging their conspicuous consumption. It forced them to bleed their populations to fuel their possessive lust. And it fomented vicious cycles of indebtedness in the wars it compelled. Money lending to merchants spread the commercial economy that intervened between producers and consumers driving populations into debt and dispossessing them of their land. What saved Western civilization was the rise of capitalism. Capitalism tamed the activities of money lending, and endowed them with socially redeeming value. The cost of borrowing was rationally set in money markets. Bank credit was offered in anticipation of incomes generated by its determinate use. All in all, capitalism tethered finance to expanding production of material goods and increased social wealth. But, as the 20th century drew to a close, with capital no longer scarce as exemplified by the aimless bloating of varying categories of funds, finance again turned to its dark side. With the disarticulating of production through globalization, there existed no possibility for bloating funds to ever be converted into real capital with determinate, socially redeeming use. Instead, systemic rule changes empowered big banks, big investment firms and finance wings of giant corporations to unleash vast oceans of funds in a global orgy of money games. However, the global financial system of casino play can only operate akin to ancient usury. Wealth for the few is expanded by expropriation and Himalayan levels of debt befalling the many! Like usurers of old the new Merchants of Venice are indifferent to how lent funds are used. And loan repayment is set arbitrarily, often exacting such a high cost that the borrower is ruined or forced to strive for the ruin of others. Big government becomes the handmaiden sweeping as much debt under the public rug as it can. Yet there is only so much in pounds of flesh left on the bones of humanity. Greece is really just the hors d'oeuvre.

Link to the book is available here.

Book Reviews

Power and Neoclassical Economics: A Return to Political Economy in the Teaching of Economics (2016)

Heterodox Graduate Programs, Scholarships and Grants

Economic Policies in the age of Globalisation (EPOG) - Master's course and scholarships

Call for application (for the Master 2 in Paris - 1 year programme - 2016/2017)

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 (10000 euros), awarded for the academic year by the "Sorbonne Paris Cité" University, based on our selection (see www.epog.eu). Other external scholarships are also suggested on the EPOG website.


Deadline for students who are applying for Erasmus Mundus scholarships will be the June 3, 2016.

However, be aware that:

The course will start in September 2016.

Further information can be found here: www.epog.eu

ISRF Flexible Grants

The Independent Social Research Foundation wishes to support independent-minded researchers to do interdisciplinary work which is unlikely to be funded by existing funding bodies. It is interested in original research ideas which take new approaches, and suggest new solutions, to real world social problems. The Foundation intends to make a small number of awards to support independent-minded researchers from different disciplines who wish to work together towards conceptual innovation in Political Economy - which the ISRF here extends to include the social scientific study of economies across the whole range of the social sciences - to be held from a start date no later than the end of December 2017.

The awards are intended as enabling one or more short periods of face-to-face joint group work such as workshops, working-in-pairs, or short academic visits, for a period of up to 12 months. The amount of an award depends on the nature of the work proposed and individual circumstances – the ISRF expects applications for grants up to a maximum of £5,000.

Deadline for application is May 6. Further information can be found here.

Two fully funded PhD positions at CORPNET, University of Amsterdam

We’re a multidisciplinary team, bringing together political science, computer science, network science, sociology, and based at the Amsterdam Insitute for Social Science Research. We’re interested in networks of corporate control. See http://corpnet.uva.nl

For the first position, we are looking for somebody with experience in longitudinal / dynamic network analysis . For the second position, we are looking for somebody with corporate governance expertise, ideally from a networked perspective.

Follow the links below for more information, or see http://corpnet.uva.nl.

Closing date 1 May. Starting date (no later than) 1 september 2016.

Contact Eelke Heemskerk (e.m.heemskerk@uva.nl) for more information.


Corporate Network Governance: Power, Ownership and Control in Contemporary Global Capitalism (CORPNET)

CORPNET seeks to do what has so far eluded existing scholarship: to fully explore the global network of corporate ownership and control as a complex system. Using cutting-edge network science methods, the project explores for the first time the largest database on ownership and control covering over 100 million firms. Exploiting the longitudinal richness of the new data in combination with state-of-the-art methods and techniques makes it possible to model and empirically test generating mechanisms that drive network formation.

PhD Project:What Drives Network Formation?

This subproject studies the generating mechanisms that drive the formation of corporate governance networks. The project builds a conceptual framework that tries to explain the formation and (dis)continuation of corporate board overlap through the strategies of the actors involved. It takes a bipartite approach and starts from the notion that the generating strategies of actors do not only take place at the firm-by-firm level but are essentially located at the firm-by-person level. The methodological approach is temporal modelling (for example, stochastic actor-oriented or temporal exponential random graph models), and the project will have to develop methods and algorithms to apply modelling on a very large scale

PhD Project: Corporate Control in Contemporary Global Capitalism

This project engages in a fundamental discussion on the relationship between corporate control, ownership and corporate power. In a world of dispersed and fragmented ownership, corporate directors and managers are the more powerful actors. In a world of (re)concentrated ownership however, directors lose power and influence. The question, then, is the extent to which new concentrated owners such as states and large asset managers, and the corporate elite of directors are separable entities. This is an important question with regard to financial intermediaries and for venture capital, but also for the re-emergence of the state as corporate owner in the global economy. Where and how do the network ties of ownership and of managerial control reinforce each other? Are ownership ties an additional tool for the corporate elite to strengthen their grip on big business? Or can we discern opposing groups of corporate managers and directors on the one hand and the (new) owners of corporate capital on the other?

URPE Dissertation Fellowship

The Union for Radical Political Economics invites doctoral candidates in any discipline with an approved dissertation proposal in the area of radical political economics to apply for the URPE Dissertation Fellowship. The URPE dissertation fellow will receive $5,000 to support their dissertation writing during the 2016-17 academic year. Applicants are asked to submit:

  1. A cover letter describing their background in radical political economics and explaining how the fellowship would contribute to the completion of their dissertation;

  2. Curriculum Vitae;

  3. Their approved dissertation proposal;

  4. Two letters of reference (one of which should be from the dissertation committee chair).

Questions and application material should be submitted by email to urpe@urpe.org. Letters of reference should be submitted directly by the letter writer.

Deadline for submissions is May 31, 2016. The recipient will be announced by July 1, 2016

More information can be found here.

Ph.D Dissertations in Heterodox Economics

Deniz Kellecioglu: What is required for (r)evolutions? - the case of economics

Title: What is required for (r)evolutions? - the case of economics
Author: Deniz Kellecioglu
Institution: Istanbul Bilgi University
Date completed: 10 February 2016
Advisor: Koray Akay [koray.akay@bilgi.edu.tr]


This thesis consists of four parts, all of which concern one topic: (r)evolutions in economics. Part I, entitled Problem context, involves an analytical and critical description of the dominant discourse in economics, juxtaposed with an overview of the contemporary world economy and humanity.
The main findings are as follows:

PART II, entitled Solution orientation: How to (r)evolutionise economics?, employs two lines of enquiry in order to assemble inferences on what possible requirements are necessary to actually (r)evolutionise economics. The first involves a philosophical appraisal, which attempts to outline important perspectives, approaches and accounts to transform an academic field such as economics. The second line of enquiry involves a historical appraisal, which attempts to outline the economic history of an acknowledged (r)evolution in economics: the neoclassical economics take-over during the 1970s. The findings lead us to conclude that there are five overarching criteria that need to be fulfilled in order to realise a (r)evolution in economics: critical juncture; dissimilarity; sensibility; scholar validation; and most importantly, elite appropriation. In relation, Part II concludes that an academic field such as economics cannot be changed simply by intra-scientific support, but must be coupled with extra-scientific factors since economics is significantly value-, interest- and ideologyladen.

Part III, entitled Solution assessment: To (r)evolutionise economics today!, appraises the criteria from Part II within the context of the contemporary state of economics. It comprises of five sections, corresponding to the five criteria identified in Part II. Each criterion is assessed through relevant research findings and, when applicable, economic indicators and other statistics. The first criterion ‘Critical Juncture’ is fulfilled because the GFC and its aftermath form a major economic crisis, and a significant crisis in economics. Furthermore, it is widely seen that the dominant economics has not, and cannot, (re)solve the continued repercussions of the GFC. The ‘Dissimilarity’ criterion was also found to have been fulfilled, given the number of well-researched alternative discourses. The ‘Sensibility’ criterion was found to be only partly fulfilled given, for instance, the limited success in dissemination and exposure while failing to make a significant impact on the mantra that ‘There is No Alternative.’ However, sensibility is a particular challenge in the face of elite appropriation, which involves obstructing exposure to alternative ideas, as well as the existence of prevailing cognitive maps, to the audience. The fourth criterion, ‘Scholar validation’, has also been only partly fulfilled, since dissimilar discourses continue to face major hurdles in the face of entrenched scholarship structures and mechanisms favouring the dominant discourse, such as university education, funding, citations, journal rankings, etc. However, we were able to show the growing interactions and collaboration among heterodox economists, as well as the existence of dissenting economics students. The final criterion, elite appropriation, has certainly not been fulfilled. The dominant elites continue to support the dominant discourse in various ways, particularly in terms of funding, but also through the processes of domination (political power, corporate power, ethical power and through the economics profession).

Part IV provides the aggregated conclusions, recommendations and a discussion based on the previous three Parts. The accounts in Part III lead to a revised analytical framework for (r)evolutions in economics, consisting of a new set of criteria. This is because our contemporary circumstances and objectives stand in contrast to the (r)evolutionary project that materialised in the 1970s. This time, we are attempting to emancipate economics from the dominant discourse that was established over that period and which has generated many of the problems elaborated upon in this thesis. In particular, the contemporary (r)evolutionary project needs to involve a process in which economics, the economy and democratic power, as well as cognitive maps, are emancipated from elite appropriation. It is for this reason two further criteria are added: plutocrat disempowerment and emancipation. Note, however, that they are all overlapping, and that reflections upon each one of them may also be applicable to other criteria. i. Critical juncture ii. Dissimilarity iii. Sensibility iv. Scholar validation v. Plutocrat disempowerment vi. Elite appropriation vii. Emancipation. Since the GFC has not meant an actualised critical juncture, it is recommended that one be established. There are a large number of crises around the world today, which are all, more or less, linked together to form one massive, overarching crisis, i.e. there is a global crisis, consisting of numerous different crises (economy, ethics, and power, but also the environment, conflicts, etc) to remedy. However, in light of sensibility, it may be worthwhile showcasing such various dimensions of a holistic crisis at the regional, national or even local levels, so as to garner sufficient attention to the issues at hand. In brief, for the following three criteria (Dissimilarity, Sensibility, and Scholar Validation), it is suggested that it is essential to transcend interests, values and ideology so as to shift cognitive frameworks towards alternative, or rather emancipatory, ethics, economics and economy. In this endeavour, it is again crucial to implement one line of argumentation against the current economic system and economic discourse, while a complementary line of argumentation for alternative economic systems and dissimilar discourses. The more the subjugatory structures and mechanisms are made visible, the better for the (r)evolutionary project, as our findings suggest that power is most effective when invisible. Our fifth criterion this time around is plutocrat disempowerment. The findings in Part I and II show that our contemporary world consists of widespread plutocracies; societies significantly ruled by the wealthy or dominant economic elites. This state of affairs has been generated as an outcome of the economic elite-oriented (r)evolution of the 1970s. Elite appropriation processes since then have continuously been allowed to go so far as to create the powerful plutocrat classes of today. Therefore, given the problem context at hand, it is necessary to disempower the plutocrats in order to have a chance of bringing about a (r)evolution in economics today. This is, of course, the most difficult challenge of the (r)evolutionary project. Dominant economic elites have managed to generate an excessive form of capitalism, in which capital is almost entirely equal to power. This means economic inequality is likely continue to widen even further, in the absence of (r)evolutions, to the extent that the outcome can only be described as fascism. This governance structure would be based on elitism and its specific polarising values, interests and ideas. In other words, excessive capitalism leads to plutocracy which is equal to the absence of real democracy — a situation which is likely to proceed towards fascism, or other totalitarian governance forms, given the presence of human polarisations. Note that the intellectual backbone to excessive capitalism (which leads to fascism) is also capital-, corporate- and elitist-oriented. Therefore, we may conclude that the dominant economic discourse helps to generate ever more totalitarian governance systems, including fascism. The circle is complete. The way out is through emancipation of individuals and institutions. Power imbalances can be remedied by material and immaterial emancipation. The dominant discourse has forwarded the idea that freedom occurs through market mechanisms. But this idea is not being realised, mainly due to two chains of events. Firstly this is done by ignoring unequal points of departure, from which inequalities are exacerbated; and secondly by ignoring the risk of elite appropriation, in which markets are not free, but instead subjugated under capital power. In this manner, the economic discourse stands on a false premise: that freedom will be produced proportional to the expansion of free markets. But ‘free’ markets require ‘free agents’, and in order to become free, one needs to be emancipated. Emancipation is the process of taking someone or something from the state of being subjugated to the state of being free. As such, emancipation precedes freedom. (R)evolutions involve the start of a change process going from subjugation and embarking on transitional pathways toward freedom.

Link to the thesis is available here.


Binzagr Institute for Sustainable Prosperity

Link to the Newsletter is available here.

Global Economic Governance Initiative

Link to the Newsletter is available here.

Calls for Support

Translating the Complete Works of Rosa Luxemburg

The effort to issue The Complete Works of Rosa Luxemburg (issued by Verso Books) has reached a critical phase, and we appeal for your help in enabling future volumes to be published.

The Complete Works was inaugurated in March 2011 with the 600-page Letters of Rosa Luxemburg, the largest collection of her correspondence ever published in English. Volume I of the Complete Works, entitled Economic Writings 1, was published in 2013 and contains the first full English translation of one of her most important books, Introduction to Political Economy, as well as eight newly-discovered manuscripts on anthropology, economic history, and the theory of crises. Volume II, entitled Economic Writings 2, was published in 2015 and contains a new translation of The Accumulation of Capital and the Anti-Critique.

We are now raising funds to cover the costs of translation of her Political Writings, beginning with three volumes (Vols. 3, 4 and 5) devoted to “On Revolution.” They will contain all of her writings on the 1905-06 Russian Revolution, 1917 Russian Revolution, and 1918-19 German Revolution. These reveal Luxemburg at her finest—as a fierce supporter of revolutionary democracy, with a sensitive grasp of spontaneous freedom struggles as well as of non-hierarchical forms of organization. Many of these writings—a large number of them translated from Polish—have never appeared in print since their initial publication, and most have never before appeared in English.

The Complete Works will make her entire body of work available for the first time in any language. All of the writings will be newly translated, with the highest level of scholarly editing. But we cannot continue to commission translations without your support. We need to raise an additional $35,000 to help pay for the translation costs of the next three volumes.

We urge you to make a contribution to the Rosa Luxemburg page of the Toledo Fund, at https://toledo.nationbuilder.com/complete_works_rosa_luxemburg

—The Editorial Board, Rosa Luxemburg Complete Works

For Your Information

New BA in economics with a focus on social responsibility

Starting in the winter term 2016/17 the newly founded Cusanus Hochschule - University in Bernkastel-Kues (Rheinland-Pfalz, Germany) offers a new BA-program in economics with special focus on social responsibility.

A novel program in economics, deliberately transcending traditional disciplinary boundaries:

A study of economics with a double twist: Knowledge about the economy and about economics as a science.
The novel BA program is based on the idea that thinking about the economy and acting in the economy cannot be separated. This is reflected by topics like: How do economic models influence the behaviour of financial markets? Which schools of thought in economics are behind the big economic policy debates today? How do real crises affect the creation of new economic theories? When do ideas crystallize into institutions? How can people today assume responsibility for the good life? Which social and political preconditions and which ideas may help them to do so?

A program for whom? For anyone who has serious questions about how social responsibility and the economy can go together and wants to discuss these questions in a lively academic community.
Questions which might motivate you: You want to know more about the role the economy and economic institutions play in today’s globalised world – and want to benefit from the insights of several schools of thought? You are interested in the big questions of our time like social justice and the good life? You want to look beyond the narrow confines of today’s mainstream economic thinking? You want to learn more about assuming responsibility in today’s economy – politically, institutionally and personally? In doing so, you want to combine theory and practical experience? You are active in your job or as a volunteer and want to integrate your experiences and questions into your studies? You want to develop personally during your studies? You are seeking an exchange of ideas in small groups and a lively discussion with your teachers?

For details, please visit our website.