Heterodox Economics Newsletter

Issue 207 January 02, 2017 web pdf Heterodox Economics Directory

While Google's Ngram Viewer for assessing historical text corpora has some deficiences, I use it occasionally to satisfy my curiosities. Recently, I looked up the term 'heterodox economics' to get a better impression of the long-term usage of this label (see below) and was surprised by the outcome in various ways. First, it seems that the phrase itself is rather old and has been used to describe 'unconventional' economic ideas even back in the 19th century. Tracking this source leads to some interesting and amusing findings. For instance, the findings for the 19th century point you to the first article ever published in the Quarterly Journal of Economics (see here), which argues that John Stuart Mill's views on property "are generally thought to be heterodox", which seems to me to be as accurate today as it was, seemingly, back then. Generally, you will find economists and economic ideas of all types of persuasion tagged with the 'heterodox label' up to the 1950s - some classical ideas, institutionalist/historical school approaches, radical economists, Georgists, Gesellians and pre- and post-Keynesians and so on.

Google's Ngram Viewer: Heterodox Economics

The second interesting observation I made is, of course, a strong relative increase in mentionings since the 1990s, which not only bears witness to the fact that research in heterodox economics is improving in terms of quality and quantity, but also indicates that the meaning of the label 'heterodox' changed over time: what once was a mere external ascription is today more strongly associated with a genuine research program. In other words, this development indicates that those researchers, who do not want to succumb to the mainstream's theoretical and conceptual a prioris before asking questions, are increasingly subsumed & subsume themselves under the label of 'heterodox economics' and make less use of other, possibly more traditional denominations relating to individual schools and traditions in economic thinking. In terms of pluralism, this development is a good thing to have as respectful mutual exchange across different analytical traditions and conceptual perspectives within a single research program is a major asset in organizing collaborative research efforts.

Having said all this, I should add that the data for this chart stops in 2008; I am sure it would be equally funny to analyze the post-crisis phase. So let's hope that Google feeds in some more recent data in due time ;-)

All the best,


© public domain

Table of contents

Call for Papers

11th Pan-European Conference on International Relations: "The Politics of International Studies in an Age of Crisis" (Barcelona, 2017)

13-16 September, 2017 | Barcelona, Spain

The theme of this year's conference, invoking the politics of international studies, reminds us of our responsibilities as academics, analysts and students of international relations. These responsibilities have made us fight long and hard for keeping last year's conference in Izmir - to support those colleagues who had become increasingly marginalised in a deteriorating political situation, to serve as a reminder of those who had lost their jobs or even been imprisoned because of their political views, and to do what we could to open up the political debate again. In the end, we had to declare defeat. The events that followed the failed coup d'etat in mid-July, and in particular the declaration of a state of emergency, meant that we could no longer guarantee the organisation of a conference without state interference. Our red line had been crossed, and our responsibility now became one to withdraw - as a sign of protest, but also in order not to jeopardise further the intellectual and physical integrity of our members.

The cancellation of last year's conference has cost us and you as prospective participants a lot of time, money and nerves. I am all the more grateful for all your support in what has been a very difficult year for EISA. And I am all the more pleased that you have stuck with us and supported us, and that you are now returning to another Pan-European Conference, which I hope will not disappoint you. Our programme chairs, Victoria Basham and Cemal Burak Tansel, have been working hard to put together a first-rate programme, including a set of semi-plenaries and special events. Our local hosts at IBEI are able to provide us with a congenial conference setting in one of the world's most attractive cities. My thanks go to them and all of those involved in making this year's Pan-European Conference a success!

Enjoy the panels, take an active part in the discussions, and let the rest of the world know by tweeting #EISAPEC17. And once you return home, keep Barcelona in good memories while planning already for PEC-18 in Prague, 12-15 September 2018!

Call for Panel, Roundtable and Paper Proposals

The programme chairs of the 11th Pan-European Conference on International Relations invite paper, panel, and roundtable proposals for submission to any of the 50 sections on the 2017 programme.

The list of all 50 sections, including section abstracts and the contact information of the section chairs, can be found on the conference website. Please contact the section chairs for any question regarding their section.

The conference website also provides more general information on the conference.

There will be no open section: All paper, panel, and roundtable proposals are expected to fit into one of the 50 sections and to be submitted online to the appropriate section. A given proposal can be submitted to only one section at a time. However, it is possible to indicate two further sections to which a paper or panel/roundtable proposal might fit.

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

Proposals (with abstracts of 200 words maximum) must be submitted via our online submission system: ConfTool 2017

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

For any questions on the conference, please contact the programme chairs, Victoria Basham and Cemal Burak Tansel at pec@eisa-net.org.

The closing date for paper, panel, and roundtable proposals is midnight (CET) on Friday 10 February 2017

Registration and more details are available at the conference website.


Special Call for S23: International/economy/society: IPE meets IPS Section

International Political Economy (IPE) and International Political Sociology (IPS) exist as largely separate fields, with different frames of reference and scholarly networks. But if all that is international is political, then why still the opposition between the economic and the social? Why do we insist on the separation of fields into IPE and IPS, rather than an integrated ‘IPES’? Given the surprisingly limited overlap between IPE and IPS, this section invites contributions on the cross-sections of international/economy/society, broadly conceived.

Both IPE and IPS can gain from increased cross-fertilisation. For IPE, IPS dissolves distinctions between constructivist and post-structuralist IPE, and is not wedded the same disciplinary histories. IPS, meanwhile, has a stronger foothold in other areas of International Relations, with articles on the global economy, for example, relatively underrepresented in journals such as International Political Sociology. This sections aims to bring together the logics, methods, and scholarly networks of IPE and IPS, in order to showcase empirical studies and theoretical reflections on international/economy/society.

Themes on which we encourage submissions include: Social studies of finance; Actor-network theory; Economic sociology; Historical sociology; Govermentality/biopolitics; Bourdieusian sociology; Finance/security; Post-colonialism; Critical management studies; Evolutionary economics; Social network analysis; Ethnography; And any other way of approaching international/economy/society. Proposals (with abstracts of 200 words maximum) must be submitted via the online submission system: ConfTool 2017 (see above).

The deadline is midnight (CET) on Friday 10 February 2017.

13th Conference of the International Network for Economic Methodology (San Sebastian, 2017)

28-30 August, 2017 | Palacio de Miramar, San Sebastian, Spain

Keynote speaker: Diane Coyle (University of Manchester/BBC/Enlightenment Economics)

Proposals for contributed papers as well as symposia (of 3-4 papers each) are welcome in all areas of philosophy of economics, including the methodology of economics, ethical aspects of economics, and foundations of rational choice theory. Submissions that combine different areas of philosophy of economics with each other are particularly welcome. We especially encourage submissions from graduate students and members of underrepresented groups.

Abstract submission

Please submit an abstract (up to 1,000 words) through Easychair.

Symposia proposal submission

Please submit your proposals through Easychair.

The proposal should contain a short abstract (500 words) plus a pdf document (1,500-3,000 words) with a clear explanation of the topic as well as three short abstracts of the papers. Please include the contact details of the symposium chair and all authors (name, affiliation, email address) in the pdf. Make sure you mention that the proposal is a symposium in both the title and the short abstract.

The deadline for submissions is 15 February, 2017. Acceptance will be communicated by the end of February.

Scientific committee

Organising committee

Further information

Further information regarding registration fees (and reductions for graduate students) will be available later. Email: econmethodology2017@gmail.com

Website: www.econmethodology.org

25th International Input-Output Conference: Special Session CfP (Atlantic City, 2017)

19-23 June, 2017 | Atlantic City, New Jersey, USA

Goal of the conference

The goal of the conference is to promote and stimulate the worldwide exchange of ideas among economists between them and government officials, policy makers, engineers, national accountants and managers with interests in input-output analysis and related methods.

Individual submissions

We ask that author(s) submit their names, institutional affiliation(s), the paper title and an abstract of the presentation (of not more than 300 but not less than 200 words) and select a topic from the list provided.

Abstracts are individually reviewed by members of the scientific committee before they can be accepted for inclusion in the conference program. Authors are requested to provide in abstracts the following information about the submitted articles:

  1. the research question,
  2. the method used,
  3. the data used (if any), and
  4. the novelty of the research.

Failing to do this may disadvantage the selection of the article. On the other hand, if a corresponding full paper (of at least 2,000 words) is accompanied at the time of abstract submission, it will significantly increase the possibility of acceptance.

Each author is permitted to present a maximum of two papers at the conference but can of course be a co-author of a number of submitted papers.

Organized Sessions

At previous International Input-Output Conferences, organized sessions organized by attendees have been most successful in terms of the number of attendance and participant interaction. For this reason, we strongly encourage proposals for sets of thematic sessions. In proposing such sessions or sets of sessions, as soon as is possible please send the Chair of the Scientific Program Committee(SPC) an e-mail including:

  1. title(s) of the organized session(s)
  2. the name(s) and institutional affiliation of the organizer(s)
  3. abstract(s) describing the theme/objectives of the session(s)
  4. names and institutional affiliations of session chair(s)
  5. titles of the presentations therein (3 presentations per session)
  6. names and institutional affiliations of the presenters.

Once the session proposal is accepted by the SPC Chair, the abstract of individual article should follow the information as specified above for each of the presentations planned for the proposed sessions.

Paper submissions

Please follow the navigation through our online article submission system “COPASS”. Please fill in the requested data (title, abstract, names of all authors, e-mail address, preferred day of presentation, etc.) and select an appropriate topic for the abstract. Once the abstract is accepted, please submit full paper via https://copass.iioa.org by the specified deadline. A paper with more than 2,000 words shall be considered a full paper for the submission.

Please note that

  1. Acceptance of an abstract,
  2. Submission of an electronic version of the full paper, AND
  3. Completion of registration and payment of the appropriate conference fee by the presenter are the NECESSARY CONDITIONS for securing a spot on the final program.
    Also, the SPC Chair reserves the right to withdraw any article from the program if it is found that the corresponding presenter shall not show up to the conference.

Due to an increasing number of participants in the IIOA conferences, the Scientific Program Committee puts every effort to make the best use of available slots in the program, by reducing no-shows as possible as they can. We sincerely ask for the earliest notification to the SPC Chair (one day beforehand at the latest) if a presenter finds him/herself unavailable for a presentation at the conference.

Travel Grants

The IIOA has limited funds to encourage young experts holding a citizenship and residing in non-High Income Countries (World Bank definition) to attend the conference. To view the list of eligible countries go here.

Applicants must be valid IIOA members born after 1976 and must also present an unpublished paper. Those who received travel grants in any of the three previous IIOA Conferences are excluded from the application process. The Travel Grant Committee of the IIOA will verify applicant qualifications and bestow the grants to those qualified applicants with the most promising papers. Besides COPASS submission, authors who wish to apply for a travel grant should submit their full paper to the SPC Chair by the specified deadline.

Leontief Memorial Prize

The IIOA is pleased to announce a Leontief Memorial Prize 2017 for the best conference paper of young authors (born after 1976, unpublished work combining theory and application). All co-authors must meet the above “young author” criteria. The Leontief Memorial Prize Committee of the IIOA will verify applicant qualifications and select the winning paper, which will be automatically considered for publication in the journal of the Association, Economic Systems Research. Besides COPASS submission, authors who want to compete for the 2017 Leontief Memorial Prize should submit their full paper to the SPC Chair by the specified deadline.

Deadline for submission of organized session proposals AND for abstracts: 31 January, 2016

All important dates & deadlines can be found here.

Chair of the Scientific Program Committee:

Chair of the Local Organizing Committee:

Registration and more details are available at the conference website.


Call for papers for the Special Session(s) on “Stock-flow consistent input-output modelling: theory and applications” of the 25th International Input-Output Conference

The special session invites submissions for a detailed abstract or a draft of your incomplete/full work on the so-called stock-flow consistent input-output (SFC-IO) modelling, which could either be of a theoretical or empirical nature, or both. By now it seems clear that integration of the well-established Input-Output (IO) analysis and the popular stock-flow consistent (SFC) methodology of post-Keynesian economics could turn into an important quantitative technique useful for a sound economic-energy-environmental policy assessment purposes at the multi-product and/or multi-industry levels. There are already a few published and unpublished papers available on the topic, but it is fair to say that this research agenda is still in its early stages of development.

Among other factors, the important distinctions of the SFC-IO approach, compared to e.g. the currently widely used computable general equilibrium models, are the following:

  1. The impact of flows on stocks and of stocks on flows are explicitly considered, all the stocks and flows are fully integrated such that the logical consistency and transparency of the SFC-IO framework is guaranteed, which further enables investigating the short-run and long-run adjustment dynamics of the model within a more realistic dynamic setting (i.e. history matters),
  2. It rigorously integrates real transactions with financial transactions, which within the IO community, to a certain extent, was also already advocated by the Nobel Prize-winning economist Lawrence Klein (see Economic Systems Research, 2003, 15), and
  3. Its behavioral assumptions (on consumption, production, etc.) mostly come from post-Keynesian economics, which are different from those of neoclassical economics (for details, see e.g. Lavoie, 2014, Post-Keynesian Economics: New Foundations, Edward Elgar).

Please send your intended contributions to the organizer of this special session Umed Temursho via the email utemurshoev@uloyola.es. The submission deadline is January 25, 2017, while the acceptance/rejection decision will be made by the end of January.

This initiative is also meant to make aware the researchers of (or interested in) the two so far seemingly unrelated fields of economics, namely, Input-Output Economics and Post-Keynesian Economics, of their respective research, with the ultimate aim of their possible joint efforts on working on/improving/applying/popularizing the SFC-IO approach for policy assessment at the multi-industry and/or multi-product level(s).

A more general information on the conference (e.g. location, accommodation, transportation, etc.) can be found at the conference website.

2nd New Developmentalism's Workshop: "Theory and Policy for Developing Countries" (São Paulo, 2017)

20-21 July, 2016 | São Paulo, Brazil

Hosted by the Centre of Studies for New Developmentalism of the Sao Paulo School of Economics – Getulio Vargas Foundation

Call for Papers

The Centre of Studies for New Developmentalism of the São Paulo School of Economics of Getulio Vargas Foundation is pleased to invite interested candidates in participating in the 2 New Developmentalism’s Workshop – Theory and Policies for Developing Countries.

You are invited either to present a paper and participate from a panel, or just to be an attendant.

The workshop will have a mini-course on new developmentalism comparing it with classical developmentalism (development economics) as well as with post-Keynesian macroeconomics – the two school of thoughts from which new developmentalism originates.Keynote speakers, a foreign and a Brazilian academics, will be defined soon.

Submission & Registration

The candidates should submit an abstract dealing with the economic, or political economy themes associated to new developmentalism. It should reach a maximum size of 500 words plus the references that will be probably used. It should be sent in pdf format and must contain name, filiation, and title of the article.

For the panelists, the deadline to submit abstracts is March 31, 2016.

All applicants shall add a short (one page) curriculum vitae, containing maximum academic degree, the institution of maximum academic degree and research interests and most relevant publications (not mandatory). Notification of acceptance will be send no later than April 15, 2016. The Centre is demanding support to provide accommodation for the panelists.Submissions should be sent to lucas.dib@fgv.br and cnd@fgv.br. There will be a symbolic registration fee of US$50.00 or R$150,00 for all. The Centre will provide lunch for all participants.

Panelists and participants will receive a certificate.

For the attendants only, the deadline for enrollment will be May 31, 2016.

The Hotel Paulista Wall Street (5 minutes away from the conference place) offer special tariffs for the participants (please inform you are enrolled in the Workshop for special rates).

For more information, please visit this link.

Capitalist Development in Hostile Environments: 30 Years Later (Calabria, 2017)

6-8 June, 2017 | Università della Calabria, Italy

The conference is timed to mark the 30th anniversary of the publication of Giovanni Arrighi and Fortunata Piselli’s “Capitalist Development in Hostile Environments: Feuds, Class Struggles and Migrations in a Peripheral Region of Southern Italy“. Published in 1987 [in Review, 10, 4, 1987], the essay confronts the question of capitalist (under) development in Calabria in the 19th and 20th centuries; in the process, it also makes a major intervention into debates about the origins and dynamics of capitalism. “Capitalist Development in Hostile Environments” puts forward the thesis that three different developmental paths emerged /side-by-side/ within Calabria: the “Junker” Road with large /latifundia/ and intense class conflict (in the Crotonese), the “American” or Farmer Road with strong feuds (in the Piana di Gioia Tauro), and the “Swiss” Road, where mass migration went hand-in-hand with a decline in both class conflicts and feuds (in the Cosentino). While these three paths led to core status elsewhere (Prussia, the United States, Switzerland), in Calabria all three paths were associated with peripheralization. At the same time, however, these three roads produced very different outcomes in terms of human welfare. We can see in “Capitalist Development in Hostile Environments” the accumulation of theoretical and methodological insights gained across three decades and three continents – in particular, Arrighi’s engagement with social anthropologists in Africa during the 1960s, his participation in and analysis of social mobilizations in Italy in the late 1960s and early 1970s, followed by seven years of teaching and research at the University of Calabria, and, finally, his collaboration with world-systems scholars in the United States in the 1980s. Building on these foundations, the essay confronts a range of debates on the question of capitalism, underdevelopment, migration, class struggle and globalization. “Capitalist Development in Hostile Environments” has strongly influenced scholars engaged in research in various contexts around the world. Despite this, and despite the fact that Arrighi himself considered it to be one of his most important works, this essay has, until now, not been published in Italian. The first Italian edition (Donzelli 2017) will be released on the occasion of this conference.

To mark both, the 30th anniversary of the English language version and the release of the Italian publication, the University of Calabria will host an international conference, which will take place from *June 6 to 8, 2017*.

The goal of the conference is to stimulate critical reflection on the theoretical, conceptual and methodological contributions of the essay, as well as the key questions and debates that it confronts. The conference is organized by the Department of Humanities and the Department of Political and Social Sciences of the University of Calabria, along with The Arrighi Center for Global Studies at the Johns Hopkins University in Baltimore (USA). The conference will be structured in three parts: The first part will see the participation of scholars who collaborated with Arrighi at various points in his intellectual journey, including: Samir Amin; Perry Anderson; Maurice Aymard; Ada Cavazzani; Gad Lerner; Romano Madera; Fortunata Piselli; Jane Schneider; Peter Schneider; Giordano Sivini; Immanuel Wallerstein. The second part will be devoted to applications of the “Calabria paradigm” to different regions of the world including China, Colombia, Iran, the former Soviet Union and South Africa. The third part will be organized along thematic lines and is open to contributions solicited through this

Call for Papers

Within the general problematic of capitalist development in hostile environments, we ask prospective participants to read (or re-read) "Capitalist Development in Hostile Environments" and to engage in a critical dialogue with the text. The proposed contributions may focus on any geographical region or historical period and should engage with one or more of the following themes:

  1. the multiple paths of capitalist development: proletarianization, migration and the labor market;
  2. processes of “peripheralization”: global structure and local actors, unequal exchange, accumulation and dispossession;
  3. social conflict and antisystemic movements;
  4. the interaction between history, geography, ecology and social relations in capitalist development and underdevelopment;
  5. peripheries in the core in contrast to peripheries in the periphery;
  6. hostility, resistance and alternatives to capitalist development;
  7. rural transformation and new agrarian questions;
  8. rethinking development in 21st century Calabria.

Abstracts of *500 words* (in English or Italian), accompanied by a brief curriculum vitae, should be sent by February 5, 2017 to the following email address:capitalistdevelopment2017@gmail.com (in the subject heading include: “Capitalist Development + Your Last Name”).

The Scientific/Organizing Committee will review the abstracts and notify applicants of the results by March 5, 2017. Those presenting papers will submit a draft of their paper by 15 May. The conference is free and open to the public.

More details can be found at the conference website.

Conference on "Developments in Economic Theory and Policy" (Bilbao, 2017)

29-30 June, 2017 | University of the Basque Country UPV/EHU, Bilbao, Spain

The Department of Applied Economics V of the University of the Basque Country UPV/EHU and the Cambridge Centre for Economic and Public Policy, Department of Land Economy, of the University of Cambridge, are organizing the 14th International Conference Developments in Economic Theory and Policy. The Conference will be held in Bilbao (Spain) the days 29th and 30th of June 2017.

At the conference there will be a Special Session with Invited Speakers on the topic of “Economic Policies since the Global Financial Crisis” and two Keynote Speakers: Professor Stephany Griffith-Jones (University of Columbia and University of Sussex) and Professor António Afonso (University of Lisbon).

Proposals of papers and Organized Sessions on all areas of economics are welcome. An Organized Session is one session constructed in its entirety by a Session Organizer and submitted to the conference organizers as a complete package. A proposal of an Organized Session must include the following information:

Besides Plenary, Organized and Normal Parallel sessions, there will also be Graduate Student Sessions (where students making MSc or PhD programme can present their research) and parallel sessions of Presentation of New Books. Papers and sessions about innovative practices in the teaching of economics are also welcome.

The deadline to submit proposal of papers and sessions is 26th May 2017.

The Journal Panoeconomicus (http://www.panoeconomicus.rs) will publish a special issue with a selection of papers presented at the conference. The selection of the papers will be made by the Scientific Committee of the Conference. The final decision about the papers to be published will be subject to a process of anonymous evaluation.

For more information, you can contact with Jesus Ferreiro (jesus.ferreiro@ehu.eus) or visit the conference website: www.conferencedevelopments.com

French Association for Political Economy Annual Conference: "Towards the disintegration of Europe?" (Rennes, 2017)

5-7 July, 2017 | Université Rennes 2, Rennes, France

The annual conference of the Association Française pour l’Economie Politique/French Association for Political Economy is a generalist conference that brings together a range of different approaches to economics and seeks to be a sounding board for those seeking to defend the need for pluralism of concepts, ideas and theoretical tools in economics. AFEP also aims to encourage interdisciplinary collaboration in the social sciences around economic issues.

Some 200 delegates who set great store by pluralistic debate around themes in political economy and socio-economics attend the AFEP conference every year

Accordingly, it is expected that a large number of papers addressing (but not necessarily confined to) the following themes will be submitted :

Submissions from social scientists other than economists (economic sociologists, management specialists, economic anthropologists, economic historians) and dealing with economic issues will be welcomed.

The AFEP Conference 2017 will be structured around a central theme:

Towards the disintegration of Europe? Contemplating Europe’s future

The ‘no’ vote in the UK’s June referendum on membership of the European Union was undoubtedly the consequence of a huge political gamble on the part of prime minister David Cameron – a gamble that he lost. Beyond that, however, it also reveals the failure of the European political sphere to foster widespread support among the people of Europe for a common project. Fervently advocated originally by Jean Monnet, the aim of this common project was to unite the citizens of Europe in order to limit economic and political competition between states, which could in extreme cases manifest itself in military conflicts. This major event further compounds the series of recent political and economic crises which, combined with the ongoing refugee crisis, could really put a brake on European integration. This is why the future of European integration will be at the heart of the 7th AFEP conference, to be held in Rennes in July 2017. Having attracted new candidates for membership over previous decades, the European Union may well in future be faced with new demands for withdrawal. This development obviously raises many questions for all the social sciences, and in particular for political economy.


Dates for submitting proposals (directly on the conference website):


Please send any questions you may have to the following address: congres.afep2017@gmail.com.

More details are available at the conference website. Information will be posted there at regular intervals.

History of Economics Society (HES) Conference (Toronto, 2017)

22-26 June, 2017 | University of Toronto, Canada

The annual HES Conference will take place in downtown Toronto, at the University of Toronto, 22 – 26 June 2017. Papers dealing with any aspect of the history of economic thought are welcome, including work related to any period or any school of economic thought. Also welcome are papers that situate economics in wider intellectual and cultural contexts or relate it to other disciplines.

Although we welcome proposals for individual papers, proposals for complete sessions are especially encouraged. To propose a paper, please submit an abstract of less than 250 words. To propose a session, please submit an abstract of less than 500 words that lists all participants, titles and very brief descriptions of the papers to be included.

Proposals for both papers and sessions can be sent to evelyn.forget@umanitoba.ca and copied to hes@uwosh.edu

Please use HES2017 in the subject line.

The DEADLINE for submissions is 31 January 2017.


The HES provides support for several Warren J. and Sylvia J. Samuels Young Scholars to present papers at the conference, in the form of free registration, banquet and reception tickets, and a year's membership in the society. Some of the Young Scholars awardees will also receive a grant of $500 to cover travel and other costs. If you wish to have your paper considered for the Young Scholars program, please provide details your current graduate student status when submitting your paper proposal and indicate that you wish to be considered for the Samuels Young Scholars program. A Young Scholar must be a current PhD candidate, or have been awarded a PhD in 2015 or later.

INQUIRIES should be addressed to:

The 49th annual UK History of Economic Thought Conference (London, 2017)

3-5 September, 2017 | City University of London, UK

The 49th annual UK History of Economic Thought Conference will take place on 3-5 September 2017, at City, University of London, UK.

We invite submissions of abstracts for papers to be presented at the conference. Proposals must be received no later than 14 February 2017. Notification of acceptance will be given by 14 March 2017. Full papers must be submitted by 15 July 2017 for publication on the conference website. Contributions on all aspects of the history of economic thought and methodology, and from any perspective, are welcome. All sessions will be plenary, with 45 minutes per paper. Speakers will be allotted 30 minutes for presentations, with 15 minutes for discussion.

Abstracts should be sent to the local organisers, Andy Denis (a.m.p.denis@city.ac.uk), and Claudia Jefferies (claudia.jefferies.1@city.ac.uk), City, University of London, by 14 February 2017.

Further information about THETS may be found at https://thets.org.uk.

Workshop on "Foreign exchange swaps in the money and financial markets" (London, 2017)

24 February 2017 | School of Oriental and African Studies, University of London, UK

In the aftermath of the financial crisis of 2007-2010, foreign exchange swaps, and dollar swaps in particular, emerged as key issues in monetary policy. Their usual classification at derivatives contracts understates their important money market functions, and has led to an important discussion about their role in shadow banking. As money market instruments foreign exchange swaps pose important regulatory challenges, and no less important challenges for monetary theory, monetary policy and the conventional understanding of the financial crisis. What is the relationship of the swaps to the conventional money market in the monetary transmission mechanism? Looking out further, the role of such swaps in the international financial system is hardly known, and the data on these swaps is fragmentary.

With a view to encouraging more systematic research in this area of monetary and financial economics, a workshop will be held on the 24 February 2017 at the School of Oriental and African Studies, University of London. The workshop will bring together experts, policy-makers and researchers in monetary and financial economics to discuss the key regulatory, policy and theoretical issues raised by dollar swaps today. The Head of Monetary Policy at the Bank for International Settlements, Claudio Borio, and Professor Masaaki Shirakawa, the former Governor of the Bank of Japan, have agreed to give key-note addresses.

Programme Committee: Jan Toporowski (SOAS), Ulrich Volz (SOAS) and Anastasia Nesvetailova (City University).

Please send enquiries, titles and abstracts to Jan Toporowski, email: jt29@soas.ac.uk

Deadline for titles and abstracts: 9 January 2017.

Call for Participants

Conference on "Economic Policies since the Global Financial Crisis" (Cambridge, 2017)

30 March, 2017 | St Catharine's College, Cambridge, UK

This conference, organized by the Cambridge Trust for New Thinking in Economics (CTNTE), focuses on how economic policies have changed in response to the Global Financial Crisis (GFC) from the viewpoint of the ‘New Economics’, an interdisciplinary approach that is concerned with institutional behaviour, expectations and uncertainty as opposed to traditional economics with its emphasis on equilibrium, mathematical formalism and deterministic solutions.

The Conference brings together eight papers by renown academics across Europe to explore

The papers explore the fate of these policy developments at both national and supra-national level.

Registration forms and more detailed information regarding the conference programme, speakers and papers is available online http://www.neweconomicthinking.org/prog_30March2017.htm

The standard conference fee is £129, with a special rate of £44 for academics, not-for-profit organisations and placement students. Free places are available for postgraduate students.

Please email Sanna at info@neweconomicthinking.org to register or for more information.

Historical and Philosophical Perspectives on Economics seminar: Lent term program (London, 2017)

The HPPE seminar (Historical and Philosophical Perspectives on Economics) at LSE's Economic History Department has now published its programme for Lent term 2017 (see below).

HPPE (Historical and Philosophical Perspectives on Economics) is a bi-weekly research seminar at LSE’s Economic History Department. The seminar takes place on Wednesdays from 1-2.30pm at LSE, in Tower 2, room 2.03. For maps and directions can be found here.

Please note this building is card access and so you will need to inform the security desk that you are attending HPPE.

The convenors of HPPE are Maria Bach (maria.bach@kcl.ac.uk) and Tang Cheng (C.Cheng9@lse.ac.uk).

For updates to the programme please go here and click on the tab “Lent 2016", please note the website is not yet fully updated and the schedule is as below.


Time: 1-2.30pm
Location: LSE, Tower 2, room 2.03

Wednesday, 18th January

Wednesday, 1st February

Wednesday, 15th February

Wednesday, 1st March

Wednesday, 15th March

About HPPE:

HPPE (Historical and Philosophical Perspectives on Economics) has run since 2012 and is organised by PhD students at the LSE. It brings together scholars from different disciplines to discuss the evolution of economic thinking and embraces topics from Ancient Greece to contemporary Africa.

The seminar inquires how the theory and practice of economics changes with the historical and philosophical context. The seminar aims to provide scholars at any stage of their career with an opportunity to discuss their work with a critical audience.

Pre-Conference Workshop on "Methods in the History of Economic Thought" (Antwerp, 2017)

17 May, 2017 | Antwerp, Belgium

The Institute of New Economic Thinking Young Scholars Initiative (INET YSI)

Working Group on the History of Economic Thought is organising a Young Scholars Workshop on Methods in the History of Economic Thought on May 17th 2017 in Antwerp, Belgium, before the Annual ESHET Conference.

More details about the Annual ESHET Conference, which takes place from 18-20 May, is available here.

Since most young historians of economic thought are economists by training, they are well-versed in economic or rather quantitative methods. Unfortunately, an economics background does not often include relevant methods for history of economic thought – such as qualitative or historical methods. As a result, young historians of economic thought are disadvantaged, struggling through their doctoral training trying to better familiarize themselves with different historical or qualitative methods essential for their research. This one-day workshop therefore aims to increase the awareness of and familiarity with historical and appropriate qualitative methods.

The workshop will be organized around selected texts on methods useful for history of economic thought. To be clear, the workshop will not discuss history of economic methodology, but rather appropriate methods for carrying out history of economic thought research. There will be two senior scholars with relevant methodological skills, who will both present and take part in discussions during the day. The workshop will include detailed discussions and activities on specific methods relevant to the field.

We encourage young scholars (including PhD level) researching history of economic thought to apply to this methods workshop. Please submit a 300 word motivation to take part in this workshop, including how it can help your research. Apply by filling out the following form: https://fs24.formsite.com/inet/form92/index.html. Some travel stipends are available.

The deadline for application is January 30. Successful candidates will be notified by late February.

The workshop will be held on May 17 2017, the day preceding the 21 Annual Conference of the European Society for the History of Economic Thought, May 18‑20 in Antwerp, Belgium.

For further information and inquiries, please contact Maria Bach (maria.bach@kcl.ac.uk) and Reinhard Schumacher (rschumac@uni-potsdam.de)

SOAS Development Studies seminars: Lent term program (London, 2017)


All welcome, no need to book

Lent term program

Time: Tuesdays, 5-7PM

* 17 January *

Room: Alumni Lecture Theatre (ALT), Room 110, Senate House North Block

* 24 January *

Room: Alumni Lecture Theatre (ALT), Room 110, Senate House North Block

* 31 January *

Room: Brunei Gallery Lecture Theatre

* 7 February *

Room: Alumni Lecture Theatre (ALT), Room 110, Senate House North Block

* 21 February *

Room: Alumni Lecture Theatre (ALT), Room 110, Senate House North Block

* 28 February *

Room: Brunei Gallery Lecture Theatre

* 7 March *

Room: Alumni Lecture Theatre (ALT), Room 110, Senate House North Block

* 14 March *


Room: Alumni Lecture Theatre (ALT), Room 110, Senate House North Block

Job Postings

State University of New York at New Paltz, US

Job Title: Adjunct position

The Economics Department of the State University of New York at New Paltz is seeking an Adjunct Professor for the Spring of 2017. We are looking for somebody who has a PhD in economics or a related field (ABD PhD’s will also be considered) and who can teach one, possibly two, upper division courses in the following sub-fields: Environmental/ Ecological Economics and/or Institutional Economics.

The Economics Department at SUNY New Paltz is pluralist, inclusive and diverse and we offer the space and support for this hire to teach courses that best suit their expertise and interest. The vacancy remains open until a succesful candiante has been found.

Please send your letter, recent CV, two semesters of student evaluations and names of two references to:

University of Colorado Colorado Springs, US

Job Title: Associate Professor in Economics

The Department of Economics at the University of Colorado Colorado Springs (UCCS) invites applications for the position of Associate Professor and Chairperson of the Department. The successful candidate will lead the Economics Department, teach introductory and advanced undergraduate courses in economics, and maintain an active research agenda. This position is open to applicants with expertise in any field of Economics. To qualify for this position, applicants must:

Each candidate should address the following preferred qualifications in his/her letter:

Applications received by January 9, 2017 will receive full consideration. The position is open until filled.

Applicants must include:

The University of Colorado is committed to competitive compensation and offers a comprehensive benefits package. Information on benefits programs can be found at: https://www.cu.edu/employee-services/benefits.

The University of Colorado is committed to providing a safe and productive learning, living and working community. To assist in achieving this goal, we conduct background investigations for all prospective applicants being considered for employment.




Application Materials Required: Cover Letter, Resume/CV, Unofficial transcript(s) Application Materials Instructions: Applications must be submitted through CU Careers. Applications received through surface mail or email will not be considered. Upon request, please be prepared to provide contact information for three professional references. Official transcripts will be required upon hire.

Link to the job advert is available here.

University of Vienna, Austria

Job Title: Tenure-Track Position in Development Economics

At the Department of Development Studies of the University of Vienna a full-time position; available as of 1 March 2017 is to be filled.

Candidates should have an established track record in development research and teaching from an economic perspective and should be ready for transdisciplinary collaboration with scholars from other disciplines (e.g. sociology, political science, social and cultural anthropology, history, gender studies) in dealing with issues of development studies. The position requires experience with development theory, development (policy) discourses, and critical approaches to development. It also requires participating in the department’s transdisciplinary research as well as publication efforts. The successful candidate will coordinate the teaching of development economics.

The requested qualification needs to be in the field of development economics. Applicants must be familiar with theories, methodologies and empirical findings of development economics as well as corresponding quantitative and qualitative methods. Experience in designing, procuring and directing major research projects focussing on the Global South, and willingness as well as ability to assume the responsibility of team leadership are expected.

Successful candidates should have the following qualifications:

The University of Vienna expects the successful candidate to acquire, within three years, proficiency in German sufficient for teaching in bachelor’s programmes and for participation in university committees. In addition, the University of Vienna expects the successful candidate to be prepared to take over responsibility on the organisational level of the University, if necessary.

Job description:
The announced position is an academic tenure-track position. Within two years’ time, the University will offer a qualification agreement if the academic performance suggests that the required high qualification can be reached. With the conclusion of the qualification agreement, theemployee will be allocated to the group of “Assistant Professors”. If the qualification is achieved according to the agreement, employment, which originally has a six-year duration, will be continued for an indefinite period as an “Associate Professor”.
Via a further competitive procedure as stipulated in the University’s Statutes, associate professors can be directly promoted to full professor.
If the qualification goals are not achieved, the employment will end upon expiry of the contract term.

We offer:

The University of Vienna pursues a non-discriminatory employment policy and values equal opportunities, as well as diversity (http://diversity.univie.ac.at/en). The University lays special emphasis on increasing the number of women in senior and in academic positions. Given equal qualifications, preference will be given to female applicants.

Application documents:

Please send your application — preferably in English and in electronic form — to the Job Center of the University of Vienna (jobcenter@univie.ac.at).

Reference no.: 7206

The application deadline is 28 February 2017.

Link to the job advert is available here.

University of Westminster, UK

Job Title: Research Fellow - CAMRI Policy Observatory

Fixed Term – 1 February 2017 – 31 July 2017

The University of Westminster is well-known for its academic excellence in the study of media and communication and its vibrant and diverse research environment.

The Communication and Media Research Institute (CAMRI) has been a leading centre of media and communications research in the UK for almost 30 years. In the most recent Research Excellence Framework (REF 2014), 52 per cent of our research was judged to be "world-leading", with 87 per cent of the total rated "internationally excellent".

The CAMRI Policy Observatory Research Fellow will work in the newly launched CAMRI Policy Observatory. The post will involve monitoring the policy environment nationally and internationally and mapping important policy issues; identifying key policy areas where CAMRI members can make interventions; cultivating links with policy stakeholders (including civil society); producing policy briefings for key policy areas; aiding CAMRI members in the organisation and publicity of networking events with policy-makers; publicising our impact on policy through blog posts on the CAMRI blog or social media activity; identifying funding opportunities and applying for funding for the CAMRI Policy Observatory.

Successful applicants will have PhD or the equivalent in professional qualifications and experience. A high level of analytical capability, as well as the ability to communicate information clearly are also essential.

Interviews are likely to be held on: 27 January 2017.

To apply for this vacancy and for further information about careers and benefits at the University of Westminster, please click on the following link.

Contact (for queries only): Recruitment@westminster.ac.uk

Please note: We are unable to accept any applications by email. All applications must be made online. CVs in isolation or incomplete application forms will also not be accepted.

Link to the job advert is available here.


Joerg-Huffschmid-Award 2017 in Political Economy

In memoriam of the scientific work and the political engagement of the critical economist Joerg Huffschmid the call for the Jörg-Huffschmid-Award is published for the 4 time, awarding outstanding works in the field of Political Economy. The aim is to encourage in particular young scholars to take up on the tradition of critical thinking for which the name Jörg Huffschmid is an outstanding mark.

Joerg Huffschmid, who passed away in December 2009, at the age of 69 years, combined in his work astute analyses with a critique of capitalism and political reasoning. As one of the founders of the Arbeitsgruppe Alternative Wirtschaftspolitik, the EuroMemo group and member of the scientific council of attac and the Rosa-Luxemburg Foundation he aimed in his personal, political and scientific life on a socially just society, engaged against the supposed lack of an alternative as it had been suggested by mainstream economics. Therefore the four organisations publish since 2011 the call for the Joerg-Huffschmidt Award.

We invite final degree-theses on level of PhD, Magister, Master and Diploma. The selected PhD-thesis will be awarded with 1500 Euro, the other collected degree thesis will be awarded with 500 Euro. The work should be related to the field of Political Economy, and look, for instance at the following:

Encouraged are especially theses that apply an approach that brings different disciplines together, integrating economics and approaches from social and political science.

We will consider submissions that had been accepted since April 2015 by a European university/third-level institution in German or English language. Applications are only accepted in electronic form, to be sent before or at the very latest on the 31 of March 2017 to the following address: Joerghuffschmidpreis@esosc.eu

Please, attach the following:

Members of the Jury:

Axel Troost, Wissenschaftlicher Beirat Rosa-Luxemburg-Stiftung, Mitglied des deutschen Bundestages; Birgit Mahnkopf, Wissenschaftlicher Beirat Attac, Hochschule für Wirtschaft und Recht Berlin; Claudia von Braunmühl, Wissenschaftlicher Beirat Attac, Freie Universität Berlin; Gunter Quaißer, Arbeitsgruppe Alternative Wirtschaftspolitik, Duale Hochschule Baden- Württemberg; Heide Gerstenberger, Wissenschaftlicher Beirat Attac, Universität Bremen; Jörg Hafkemeyer, Wissenschaftlicher Beirat Rosa-Luxemburg-Stiftung, Universität der Künste Berlin; Peter Herrmann, EuroMemo Gruppe, Corvinus University Budapest; Silke Ötsch, Wissenschaftlicher Beirat Attac, Soziologin; Thomas Sauer, Wissenschaftlicher Beirat Attac, Ernst- Abbe-Hochschule Jena; consultative Bärbel Rompeltien

The awarding ceremony is planned for October/November 2017

Contact and further information

Peter Herrmann, herrmann@esosc.eu, and Rahel Wolff, rahel.wolff@attac.de, Koordination Wissenschaftlicher Beirat von Attac Deutschland


Cambridge Journal of Economics, 40 (7)

Paul Lewis: Shackle on choice, imagination and creativity: Hayekian foundations

Luciano Boggio and Laura Barbieri: International competitiveness in post-Keynesian growth theory: controversies and empirical evidence

Thomas I. Palley: Wage- vs. profit-led growth: the role of the distribution of wages in determining regime character

Olivier Rosell: Wages, competition and the surplus of labour: a classical contribution to explaining profit

Peter Jones: Turnover time and the organic composition of capital

E. Stockhammer and J. Michell: Pseudo-Goodwin cycles in a Minsky model

Bénédicte Reynaud: Forms of Trust and Conditions for Their Stability

J. E. Woods: On the political economy of UK pension scheme regulation

Ann E. Davis: Paradoxical Positions: The Methodological Contributions of Feminist Scholarship

Brendan Markey-Towler: I, Roboticus Oeconomicus The philosophy of mind in economics, and why it matters

Jérôme Blanc: Unpacking monetary complementarity and competition: a conceptual framework

Régis Servant: Let’s agree not to agree: F. A. Hayek’s ‘calculus of consent’

Petra Dünhaupt: Determinants of labour’s income share in the era of financialisation

Robert A. Cord: The London and Cambridge Economic Service: history and contributions

Ecological Economics, 133

Thu-Ha Dang Phan, Roy Brouwer, Marc David Davidson: A Global Survey and Review of the Determinants of Transaction Costs of Forestry Carbon Projects

Alejandra M. González-Mejía, Xin (Cissy) Ma: The Emergy Perspective of Sustainable Trends in Puerto Rico From 1960 to 2013

Ross D. Collins, Noelle E. Selin, Olivier L. de Weck, William C. Clark: Using inclusive wealth for policy evaluation: Application to electricity infrastructure planning in oil-exporting countries

Gabriel A. Lozada: The Hotelling Rule for Entropy-constrained Economic Growth

Aapo Rautiainen, Jussi Lintunen: Social Cost of Forcing: A Basis for Pricing All Forcing Agents

Elke Pirgmaier: The Neoclassical Trojan Horse of Steady-State Economics

Pablo Samaniego, María Cristina Vallejo, Joan Martínez-Alier: Commercial and biophysical deficits in South America, 1990–2013

Luke Fitzpatrick, Christopher F. Parmeter, Juan Agar: Threshold Effects in Meta-Analyses With Application to Benefit Transfer for Coral Reef Valuation

Denys Yemshanov, Robert G. Haight, Frank H. Koch, Bo Lu, Robert Venette, Ronald E. Fournier, Jean J. Turgeon: Robust Surveillance and Control of Invasive Species Using a Scenario Optimization Approach

Christa Brelsford, Joshua K. Abbott: Growing into Water Conservation? Decomposing the Drivers of Reduced Water Consumption in Las Vegas, NV

Asjad Naqvi, Klara Zwickl: Fifty shades of green: Revisiting decoupling by economic sectors and air pollutants

Erasmus Journal for Philosophy and Economics, 9 (2)

Symposium on Deirdre Nansen McCloskey’s Bourgeois equality: how ideas, not capital or institutions, enriched the world

Gerald Gaus: The open society as a rule-based order

Jack A. Goldstone: Either / Or - why ideas, science, imperialism, and institutions all matter in the “rise of the west"

Jennifer Baker: A place at the table: low wage workers and the bourgeois deal

S.M. Amadae: Dialectical libertarianism: the unintended consequences of both ethics and incentives underlie mutual prosperity

Joel Mokyr: The bourgeoisie and the scholar

Deirdre Nansen McCloskey: Not saving or psychology, or science, but a new liberalism: a reply to Gaus, Goldstone, Baker, Amadae, and Mokyr

Original articles:

Patricia Rich: Axiomatic and ecological rationality: choosing costs and benefits

Diogo Lourenço: Hayek’s “Scientism” essay: the social aspects of objectivity and the mind

Steven Pressman: The mismeasure of Capital: a response to McCloskey


Nicolai J. Foss and Peter G. Klein: Reflections on the 2016 Nobel Memorial Prize for contract theory (Oliver Hart and Bengt Holmström)

Huub Brouwer and Isabella Trifan: Justice, markets, and the family: an interview with Serena Olsaretti


Danielle C. Guizzo Archela: Keynes, Keynesian economics and the political economy of power and the postwar world

Achim Seiffarth: The language of Max Weber. A sociological enquiry

Alexandru Volacu: An incrementalist approach to political philosophy. The case of heterogeneous rationality assumptions in theories of distributive justice

Forum for Social Economics, 46 (1): Special Issue on "Perspectives of Social Economics today: European Contributions"


Reinhold Hedtke: Special Issue “Perspectives of Social Economics Today”: European Contributions


Simon Niklas Hellmich: What is Socioeconomics? An Overview of Theories, Methods, and Themes in the Field

Karl H. Müller: Expanding Socio-economics in Four Dimensions

Wolfram Elsner: Social Economics and Evolutionary Institutionalism Today

Steve Fleetwood: From Labour Market Institutions to an Alternative Model of Labour Markets

Werner Nienhueser: Socio-economic Research in Personnel versus Personnel Economics

Journal of Agrarian Change, 17 (1)

Mindi Schneider: Dragon Head Enterprises and the State of Agribusiness in China

R. Ramakumar: Jats, Khaps and Riots: Communal Politics and the Bharatiya Kisan Union in Northern India

Jonathan Pattenden: Class and Social Policy: the National Rural Employment Guarantee Scheme in Karnataka, India

Ramesh Sunam: In Search of Pathways out of Poverty: Mapping the Role of International Labour Migration, Agriculture and Rural Labour

Hannah Wittman and Jennifer Blesh: Food Sovereignty and Fome Zero: Connecting Public Food Procurement Programmes to Sustainable Rural Development in Brazil

Lewis Taylor: Sendero Luminoso in the New Millennium: Comrades, Cocaine and Counter-Insurgency on the Peruvian Frontier

Japhy Wilson: Paradoxical Utopia: The Millennium Villages Project in Theory and Practice

Jean-Philippe Colin: Contractual Practice and Land Conflicts: The ‘Plant & Share’ Arrangement in Côte d'Ivoire

Elisa Greco: Farmers or Squatters? Collective Land Claims on Sisal Estates, Tanzania (1980s–2000s)

Tom Lavers: Land Registration and Gender Equality in Ethiopia: How State–Society Relations Influence the Enforcement of Institutional Change

Mathijs van Leeuwen: Localizing Land Governance, Strengthening the State: Decentralization and Land Tenure Security in Uganda

Journal of Evolutionary Economics, 26 (5)

Louis Corriveau: Elites, institutions and growth

Roman Zakharenko: Endogenous growth and demographic transition in a model of cultural transmission

Soon Ryoo: Household debt and housing bubbles: a Minskian approach to boom-bust cycles

James P. Dow Jr: Mortgage originations during 2002-2007 as an example of an evolutionary market

David Urbano, Sebastian Aparicio, Victor Querol: Social progress orientation and innovative entrepreneurship: an international analysis

Tobias Scholl, Thomas Brenner, Martin Wendel: Evolving localization patterns of company foundationsEvidence from the German MST-industry

Domenico De Giovanni, Fabio Lamantia: Control delegation, information and beliefs in evolutionary oligopolies

Robert Jump: Evolutionary learning and the stability of wage posting equilibria

Agnieszka Lipieta, Andrzej Malawski: Evolutionary learning and the stability of wage posting equilibria

David Haas: The evolutionary traverse: a causal analysis

Rethinking Marxism, 28 (3-4)


Anjan Chakrabarti, Anup Dhar & Serap A. Kayatekin: Editors' Introduction


Vivek Dhareshwar: Marx, Foucault, and the Secularization of Western Culture

Stephen Healy: Saint Francis in Climate-Changing Times: Form of Life, the Highest Poverty, and Postcapitalist Politics

Kristi Leora Gansworth & Karen Werner: First Medicine: Stories of Water and Now

Jan Rehmann: What Kind of “Life Affirmation”? Disentangling the Conflation of Spinoza and Nietzsche

Cihan Tuğal: Faiths with a Heart and Heartless Religions: Devout Alternatives to the Merciless Rationalization of Charity

Peter Thompson: Ernst Bloch and the Spirituality of Utopia

Jared Randall: Walter Benjamin: Translation and Spirit in the Time of the Now

Judith Revel: Transcendence, Spirituality, Practices, Immanence: A Conversation with Antonio Negri

Serap A. Kayatekin & Jack Amariglio: Reading Marx with Levinas

Nikolay Oleynikov & Oxana Timofeeva: Beastly Spirits: A Pack of Folks

Fabio Frosini: Subalterns, Religion, and the Philosophy of Praxis in Gramsci’s Prison Notebooks

Cosimo Zene: Inner Life, Politics, and the Secular: Is There a “Spirituality” of Subalterns and Dalits? Notes on Gramsci and Ambedkar

Anup Dhar & Anjan Chakrabarti: Marxism as Asketic, Spirituality as Phronetic: Rethinking Praxis

Anup Dhar, Anjan Chakrabarti & Serap Kayatekin: Crossing Materialism and Religion: An Interview on Marxism and Spirituality with the Fourteenth Dalai Lama

Review of Income and Wealth, 62 (4)

Paul Eckerstorfer, Johannes Halak, Jakob Kapeller, Bernhard Schütz, Florian Springholz, Rafael Wildauer: Correcting for the Missing Rich: An Application to Wealth Survey Data

Marianna Brunetti, Elena Giarda, Costanza Torricelli: Is Financial Fragility a Matter of Illiquidity? An Appraisal for Italian Households

Daniel D. Schnitzlein: A New Look at Intergenerational Mobility in Germany Compared to the U.S

Jooyeoun Suh, Nancy Folbre: Valuing Unpaid Child Care in the U.S.: A Prototype Satellite Account Using the American Time Use Survey

Caren Tempelman, Aenneli Houkes-Hommes: What Stops Dutch Households from Taking Up Much Needed Benefits?

Liana E. Fox: Parental Wealth and the Black–White Mobility Gap in the U.S.

Martin Junge, Battista Severgnini, Anders Sørensen: Product-Marketing Innovation, Skills, and Firm Productivity Growth

Iñaki Permanyer: Measuring Achievement and Shortfall Improvements in a Consistent Way

Scott Farrow: Residual Risk Accounting: A Pilot Study

Guido Alfani: Measuring Well-Being in the Past

Anne Hartung: Back to the Future? The Awaited Tangible Roadmap for Reducing Inequality

Review of Income and Wealth: Report of the Editors

Review of International Political Economy, 23 (5)

Henry Farrell & Abraham Newman: The new interdependence approach: theoretical development and empirical demonstration

Tana Johnson: Cooperation, co-optation, competition, conflict: international bureaucracies and non-governmental organizations in an interdependent world

Abraham Newman & Elliot Posner: Structuring transnational interests: the second-order effects of soft law in the politics of global finance

Manuela Moschella: Negotiating Greece. Layering, insulation, and the design of adjustment programs in the Eurozone

Miles Kahler: Complex governance and the new interdependence approach (NIA)

Lisa Lechner: The domestic battle over the design of non-trade issues in preferential trade agreements

Amy A. Quark: Ratcheting up protective regulations in the shadow of the WTO: NGO strategy and food safety standard-setting in India

J.C. Sharman: Illicit Global Wealth Chains after the financial crisis: micro-states and an unusual suspect

Review of Radical Political Economics, 48 (4)

David Gordon Memorial Lecture

Dean Baker: The Upward Redistribution of Income

URPE at the ASSAs

Charalampos Konstantinidis: The Neoliberal Restructuring of Agriculture and Food in Greece

Paul Cooney: Reprimarization

Matías Vernengo, David Fields: DisORIENT

URPE at the EEAs

David Barkin, Blanca Lemus: Third World Alternatives for Building Post-capitalist Worlds

Erdogan Bakir, Al Campbell: Kalecki and the Determinants of the Profit Rate in the United States

Mehmet Ufuk Tutan, Al Campbell: Foreign Private Capital-Led Growth

Anirban Karak: Neoliberalism and the Formation of the English Premier League

Paddy Quick: Modes of Production and Household Production

Sabine Frerichs: Egypt’s Neoliberal Reforms and the Moral Economy of Bread


Hwan-Joo Seo, Han Sung Kim, Joonil Kim: Does Shareholder Value Orientation or Financial Market Liberalization Slow Down Korean Real Investment?

Franklin Obeng-Odoom: Understanding Land Reform in Ghana

Science & Society, 81 (1)

Tom Brass: Who These Days is Not a Subaltern? The Populist Drift of Global Labor History

Victoria Gritsenko and Vladimir Orlov: Universal Labor and the Future of Value

Xiaoqin Ding and Pinyue Lu: A Dual-Level Theory of the Creation of Labor Value

K. M. Stroh: Self-Understanding as a Working-Class Project: Mannheim's “Objectivity” and Judith Butler's “Resistance” by Way of Lukács

Funda Hülagü: Post–Cold War Police Reform and the Transformation of the Modern Political Field: Reflections from Turkey

The European Journal of the History of Economic Thought, 23 (6)

Anders Ögren: A neglected contribution to monetary theory in the eighteenth century: Anders Wappengren on paper money, floating exchange rates, and purchasing power parity

Anthony Howe: State versus market in the early historiography of the industrial revolution in Britain c.1890–1914

Janette Rutterford & Dimitris P. Sotiropoulos: Financial diversification before modern portfolio theory: UK financial advice documents in the late nineteenth and the beginning of the twentieth century

Roger E. Backhouse & Mauro Boianovsky: Secular stagnation: The history of a macroeconomic heresy

Wilfried Parys: The interaction between Leontief and Sraffa: No meeting, no citation, no attention?

Sylvie Rivot: Patinkin as a reader of Keynes’ General Theory: Are wage cuts a good remedy to unemployment?

Ariel Dvoskin & Saverio M. Fratini: On the Samuelson–Etula Master Function and the capital controversy

real-world economics review, 77

Jorge Buzaglo: Human growth and avoiding European disintegration: lessons from Polanyi

Mariano Torras: Uncertainty about uncertainty: the futility of benefit-cost analysis for climate change policy

Herman Daly: Growthism: A Cold War leftover

C.P. Chandrasekhar: Finance capital and the nature of capitalism in India today

Thanos Skouras: Competitiveness and its leverage in a currency union: how Germany gains from the euro

Gustavo Marqués and Diego Weisman: Rethinking rationality theory’s epistemological status: normative vs. positive approach

Donald Katzner: Time and the analysis of economic decision making

Books and Book Series

Aggregate Demand, Inequality and Instability

By Piero Ferri | 2016, Edward Elgar

This book studies the relationships between aggregate demand, inequality and instability. It extends the traditional approach by introducing wealth and inequality into a dynamic macroeconomic model. Furthermore, it examines the role that debt and financial instability can play in turbulent times such as the Great Recession and its aftermath.

Unlike Piketty, the author analyses the relationships between instability and inequality, and the feedbacks from the latter to the former, in a system approach where real and monetary factors interact to generate complex patterns. The book does not discover ‘iron laws’ because the results depend on the nature of the model, the values of the parameters and the policy pursued. However, the role of inequality is proven to play a decisive role in shaping dynamics. Finally, the author discusses the link between medium and long-run problems, and the challenges that remain to be faced.

Piero Ferri’s original application of economic principles to the topic of inequality will make this book essential reading for all economists, particularly those of a macro orientation.

Link to the book is available here.

Can We Avoid Another Financial Crisis?

By Steve Keen | 2016, Wiley

The Financial Crash that convulsed the world in 2008 had cataclysmic effects on the global economy, and took conventional economists completely by surprise. Many leading commentators, taken in by the hubris of economics, declared shortly before the crisis that the magical recipe for eternal stability had been found. Less than a year later, the biggest economic crisis since the Great Depression erupted.

In this compelling and explosive book, Steve Keen, one of the very few economists who anticipated the crash, shows why the self-declared experts were wrong and offers a realistic, monetary approach to economics that can warn of crises before they happen.

He shows how ever-rising levels of private debt make another financial crisis almost inevitable unless politicians tackle the real dynamics causing financial instability. He also identifies the economies that have become The Walking Dead of Debt , and those that are next in line to join them including China, Canada and Australia.

A major intervention by a fearlessly iconoclastic figure in modern political economy, this book is essential reading for anyone who wants to understand the true nature of the global economic system and the challenges facing it.

Link to the book is available here.

Narrative Fixation in Economics

By Edward Fullbrook | 2016, WEA Books

Comment from Robert H. Wade, London School of Economics:

"For anyone interested in the state of modern (mainstream) economics, and especially in how and why the neoclassical school has remained so dominant since the Crash of 2008, Fullbrook's book is a must-read. It goes far beyond other treatments in the way that it compares (unfavourably) the prevailing "mono-epistemology" in economics with the norms of epistemological pluralism in the natural sciences."

Link to the book is available here.

New economic thinking: Blind spots in economic textbooks

Edited by Till van Treeck and Janina Urban | 2016, iRights Media

This book compiles 20 reviews of the economic textbooks most commonly used and uncovers which fundamental and very recent controversies Samuelson, Mankiw and Co. leave out. From inequality and free trade to the use of suggestive language, this book shows how little these textbooks reflect the paradigmatic and research based variety of the field of economics. The authors not only remind us of long-standing theoretical and practical debates that are still relevant today but also present alternatives which guide the way for new economic thinking for 21st century challenges.

The book is written in German. Find the link to the free download here and the link for purchasing the book or e-book here.

Taxing the Rich: A History of Fiscal Fairness in the United States and Europe

By Kenneth Scheve & David Stasavage | 2016, Princeton Press

In today's social climate of acknowledged and growing inequality, why are there not greater efforts to tax the rich? In this wide-ranging and provocative book, Kenneth Scheve and David Stasavage ask when and why countries tax their wealthiest citizens—and their answers may surprise you.

Taxing the Rich draws on unparalleled evidence from twenty countries over the last two centuries to provide the broadest and most in-depth history of progressive taxation available. Scheve and Stasavage explore the intellectual and political debates surrounding the taxation of the wealthy while also providing the most detailed examination to date of when taxes have been levied against the rich and when they haven't. Fairness in debates about taxing the rich has depended on different views of what it means to treat people as equals and whether taxing the rich advances or undermines this norm. Scheve and Stasavage argue that governments don't tax the rich just because inequality is high or rising—they do it when people believe that such taxes compensate for the state unfairly privileging the wealthy. Progressive taxation saw its heyday in the twentieth century, when compensatory arguments for taxing the rich focused on unequal sacrifice in mass warfare. Today, as technology gives rise to wars of more limited mobilization, such arguments are no longer persuasive.

Taxing the Rich shows how the future of tax reform will depend on whether political and economic conditions allow for new compensatory arguments to be made.

Link to the book is available here.

The Euro: Why it Failed

By Jesper Jespersen | 2016, Palgrave Macmillan

This book takes a close look at macroeconomic imbalances within the Eurozone and explores the profound consequences the introduction of the European Monetary Union (EMU) has had on Euro area countries. Particular attention is given to balance of payments deficits and surpluses, and the profound difficulties of rebalancing the Euro area. Throughout the chapters, the author argues that the EMU has failed to support an optimal currency area with the correct institutional arrangements due to misunderstandings at a macroeconomic level. The author also sheds light on the stability pact and the resulting macroeconomic trap which has left a number of Eurozone countries with devastatingly high rates of unemployment. The book argues that by disregarding important macroeconomic imbalances, Euro-monetarists have derailed the entire Eurozone project to such an extent that it is at risk of falling apart. Key chapters discuss the establishment of the EMU from a Euro-realist perspective and the role of the European Central Bank in rebalancing financial markets. The concluding chapter looks ahead to the future of the Euro and proposes necessary institutional solutions to the macroeconomic problems it is currently facing. Scholars and students with an interest in the current economic disarray within the Eurozone will find this work thought-provoking and highly informative.

Link to the book is available here.

The Political Economy of Emerging Markets: Varieties of BRICS in the Age of Global Crises and Austerity

Edited by Richard Westra | 2017, Routledge

Rapid and sustained growth in the 21st century global economy of large developing economies including Brazil, Russia, India, China, and South Africa, has captivated policy-makers and popular business press pundits alike. The coining of the new acronym BRICS and widespread adoption in international economics discourse of the designation "emerging markets" is symptomatic of that interest.

The Political Economy of Emerging Markets situates the BRICS phenomena in the global economic context of advanced economies continuing to languish in recession and hovering over a deflationary abyss several years after the meltdown. A key question this volume seeks to answer is whether the BRICS and so-called "emerging market" phenomenon is really the new miracle it is presented as, offering new or modified varieties of reloaded capitalist development to the world, or yet another mirage. Written by 10 leading global experts, this book answers the tough questions over BRICS and emerging markets potentially realizing new varieties of reloaded capitalism. It is not only international and interdisciplinary but uniquely multiperspectival. Theories framing chapters are not of one genre, but generate theoretical debate at the frontier of knowledge in political economy along with nuanced empirical analysis which flows from it.

This book is of great importance to those who study political economy, development economics and international political economy.

Link to the book is available here.

The Political Economy of Status: Superstars, Markets and Culture Change

By Theodore Koutsobinas | 2014, Edward Elgar

In this timely book Theodore Koutsobinas explores the system of status markets and their social effects including inequality. He explains how media fascination with superstars and luxury consumption goods amplify positional concerns for all, distort the aspirations of the middle class and cause relative deprivation. Building on themes first identified by Veblen and Galbraith, Koutsobinas analyses extensively the behavioural evidence from modern interdisciplinary research and contributes constructively to a new genre of economic analysis. The Political Economy of Status compels us to consider seriously redistributive culture change policies targeted to assist the underprivileged. This book will be a valuable and lively reading resource for academics in various fields including economic theory, political economy, sociology, social psychology and cultural studies.

Link to the book is available here.

Heterodox Graduate Programs, Scholarships and Grants

New Master Program "Global Political Economy of Sustainable Development" at the University of Vienna

Dear Ladies and Gentlemen, dear colleagues,

we are pleased to announce our new postgraduate Master Program "Global Political Economy of Sustainable Development (MSc)". Starting in October 2017, the Master Program will be offered by the University of Vienna in cooperation with the Austrian Foundation for Development Research (ÖFSE) and the United Nations Industrial Development Organization (UNIDO).

The program aims at imparting both theoretical knowledge and applied methods for the design of sustainable development policies at the national and international level. The program has an interdisciplinary orientation and is based on a plural understanding of scientific approaches with respect to globalization and sustainability.

We welcome students with at least a bachelor degree in a broad variety of academic disciplines from all world regions, and a junior professional background in development, economic and financial policy, as well as in social and environmental policy.

More detailed information is available at: www.postgraduatecenter.at/sustainable-development

Please do not hesitate to contact us or the Program Manager, Ms. Daniela Baumgartner, if you have any further questions.

We would kindly ask you for spreading this information in your organization and professional networks and remain with best regards,

Ulrich Brand (Scientific Director) and Werner Raza (Scientific Coordinator)

PhD position in "Methods and Models for Financial Fragility" at the Macroeconomic Policy Institute, Germany

PhD Position in Methods and Models for Financial Fragility at the Macroeconomic Policy Institute (IMK) of the Hans-Böckler-Foundation, Düsseldorf, DE, in cooperation with the Kingston University, London, UK

The PhD position in Methods and Models for Financial Fragility trains a young researcher to study macro-financial linkages against the background of a synthesis of Stock Flow Consistent (SFC) and Agent Based Modelling (ABM) approaches. Focus of the work should be on systemic risks posed by non-bank financial intermediates (the shadow banking sector) or on related financial market topics. Appropriate macro-prudential tools should be developed that help to reduce those risks. Institutional knowledge about financial market participants like investment funds and SPVs is highly appreciated.

The successful candidate will be employed at the Macroeconomic Policy Institute (IMK) of the Hans-Böckler-Foundation (HBS) in Düsseldorf (DE) and will be affiliated to the Economic Department at Kingston University London (UK) as an external student. The supervision team will be composed of Antoine Godin (Kingston University), Thomas Theobald (IMK) and another staff member of Kingston University.

More details can be found in the vacancy.

Deadline for applications: End of March 2017.


Binzagr Institute for Sustainable Prosperity

Link to the latest issue of the Newsletter is available here.

Calls for Support

EuroMemorandum 2017: "The European Union: The Threat of Disintegration"

Dear colleagues, friends and supporters of the EuroMemo Group,

We are pleased to send you the EuroMemorandum 2017: The European Union: The Threat of Disintegration

This EuroMemorandum draws on discussions and papers presented at the 22nd Workshop on Alternative Economic Policy in Europe, organised by the EuroMemo Group in cooperation with the Faculty of Economics, University of Coimbra, from 15-17 September 2016 in Coimbra, Portugal.

The crisis of the EU is multifaceted and has visibly deepened during the last year. The British referendum on EU membership and the vote in favour of Brexit have only been the most explicit symptom of the disintegrative tendencies. The core-periphery rift in the euro area has continued. The arrival of a large number of refugees from the war-torn areas of the Middle East has resulted in acrimonious conflicts in the EU on the question who should take care of them. The way in which the pro-free trade forces pushed through the Comprehensive Economic and Trade Agreement (CETA) with Canada showed utter disregard for the objections of democratically elected bodies (e.g. the Belgian regions of Wallonia and Brussels). Macroeconomically the euro area is still far from a sustained recovery and with the general weakening of the world economy and the uncertainties caused by the Brexit vote the fragility of the recovery has recently increased considerably. The European Central Bank continued and even reinforced its policy of very easy credit. However, there are signs that this policy may be reaching its limits.

The EuroMemorandum 2017 critically analyses recent economic developments in Europe and emphasises the strong need for an alternative economic policy that is based on the principles of democratic participation, social justice and environmental sustainability. It will be published together with a list of signatories.

Therefore, if you are in broad agreement with the main lines of argument of this year's EuroMemorandum, please express your support. In order to submit your declaration of support to the EuroMemo Group, please fill in the declaration of support at the end of this email or in the attachment, and send it back by Tuesday, 10 January 2017 via email to info@euromemo.eu or by fax to: +49-(0)69-4305-1764.

The easiest way is fill in the form "declaration for support.doc" and to reply it to info@euromemo.eu.

The full report of the EuroMemorandum 2017 is available here (PDF).

Please distribute the EuroMemorandum 2017 widely.

Thank you very much for your support and best wishes,

Stefanie Marie Scholz - for the EuroMemo Group Steering Committee -

World Economics Association: Call for Support

The World Economics Association exists as a global professional community dedicated to reforming economics. To carry on its operations, the WEA needs more of it members to pay a voluntary annual membership fee. We have simplified and made more secure the payment procedure, and fee-paying members now have unlimited access to all WEA eBooks.

Please give a minute and click here to look at the details. Alternately, you can make a donation here.

For Your Information

Economic Policy Institute: The top charts of 2016

The election of Donald Trump alerted many to what should have been obvious long ago: the U.S. economy has failed to deliver the goods to the vast majority of American families for decades. In the context of Trump’s election, this economic failure was often characterized as being unique to white working-class voters in the upper Midwest. But this is wrong. Income growth has been sluggish, and hourly wage growth near zero, for low- and middle-income families across the board. The fact is, our economy has generated enough income in recent decades to deliver very substantial wage gains for all workers—men and women, people of color and whites. Our economy has the capacity to provide not just decent wages but labor protections that support strong families and policies that provide security in retirement. These charts show the gap between what is and what could be. (For policies to close the gaps, see EPI’s Real agenda for working people.)

Despite more than seven years of steady recovery from the Great Recession, the economy is still not working for many individuals and families.

We’ve assembled EPI’s Top Charts of 2016, which show how a near-constant assault on workers has resulted in a lost generation of income growth for the vast majority. These charts tell the story of why the average worker is struggling—from dramatic increases in CEO pay relative to typical worker pay to the failure of the minimum wage to keep pace with average wages.

Check out EPI’s top 13 interactive charts of 2016 including analyses of how race and gender impact economic inequality.

New History of Economics Society (HES) website online

The community of History of Economics Society is glad to announce and invite you to visit the new HES website.

It's largely the work of Pedro G. Duarte. Questions and suggestions should be sent to the HES manager Amy Hardy: hes@uwosh.edu

Contributions and suggestions related to the "Resources" section of the new website are particularly welcome.