Heterodox Economics Newsletter

Issue 218 September 04, 2017 web pdf Heterodox Economics Directory

During the past years of post-crisis malaise I have often read about the "zero lower bound" (here is a very amibitious example). The zero lower bound is a well-known compositum from mainstream economics to describe the limits of inflation targeting as resulting from the fact that it is practically rather difficult to impose negative interest rates, even if such negative interest rates would be economically beneficial. Aside from the macroeconomic issues as such, I have always found that the zero lower bound nicely exemplifies the difference between "theory" and "paradigm" in economics.

Starting from theory, understood as the concise verbal or formal depiction of some key mechanisms and corresponding conditions, we find that the differences between the neo-Keynesian parts of the mainstream and more post-Keynesian approaches are one of degree - moving from one to the other often requires only a slight modification of the assumptions used (see here for a more detailed treatment). However, from a paradigmatic perspective a sheer gulf seems to emerge.

While mainstream economists' are talking about the 'zero lower bound' as a kind of technical restriction emerging from some exogenous formal constraint, a more 'heterodox' account of the same phenomenon would probably include some reference to financialization and the increasing importance of 'financial speculation' relative to 'real investment'. Hence, although many heterodox economists would submit to the practical argument that negative interest rates would increase the relative attractiveness of 'real investments', they would tend to frame the underlying trends in a much more different way - e.g. by focusing on Minsky or Kalecki to provide some deeper reasons for currently observed developments.

In my experience, it is exactly this latter tendency that often irritates mainstream economists, even in cases as the zero lower bound, where some kind of constructive agreement is not all that difficult to reach.

Having said that, I hope you will enjoy the rest of this issue of the Heterodox Economics Newsletter!

All the best,


© public domain

Table of contents

Call for Papers

19th Conference of the International Association for the Economics of Participation (Ljubljana, July 2018)

12-14 July, 2018 | Faculty of Economics, University of Ljubljana, Slovenia

The International Association for the Economics of Participation (IAFEP) gathers scholars dedicated to exploring the economics of democratic and participatory organizations, such aslabor-managed firms, cooperatives and firms with broad-based employee share-ownership, profit sharing and worker participation schemes, as well as democratic nonprofit, communityand social enterprises. The IAFEP Conferences, which take place every two years, provide an international forum for presentations and discussions of current research on the economicsof participation.

Submissions for the 2018 conference, taking place in Ljubljana (Slovenia), are invited from all relevant fields of study, including comparative economic systems, industrial and labor economics, organizational studies, management studies, institutional economics, evolutionary economics, development economics, sociology, psychology, political science, law, and philosophy. We also invite proposals for complete sessions.

Extended Abstracts (max. 1000 words) in English should be sent by e-mail to POLONA DOMADENIK (polona.domadenik@ef.uni-lj.si) by March 31, 2018.

Abstracts should include full details of institutional affiliations and e-mail addresses. Proposals for complete sessions should include a brief description of the theme of the session and anabstract for each paper.

Authors will be notified by April 30, 2018 whether their papers are accepted for presentation. Complete drafts should reach us by June 25, 2018 in order to be handed out to Conference participants.


Horvat-Vanek Prize

The Horvat-Vanek prize is awarded every two years for a research paper of exceptional quality written by a young scholar in one of the areas of interest to IAFEP. The prize, of a value of US$ 1,000, will be awarded during the conference. In order to be considered for the prize, researchers and doctoral students aged 35 or under should submit one research paper inEnglish (maximum length 10,000 words) by May 15, 2018 to ALEKSANDRA GREGORIČ (agr.int@cbs.dk). Please, include your institutional affiliation and an abstract, and indicate clearlyon the paper that you wish it to be considered for the Horvat-Vanek prize (the recipient will be requested to provide a passport or other official evidence of their date of birth in order toreceive the prize).

Conference Dates

The conference will consist of two full day sessions on July 12 and July 13, 2018. On Saturday, July 14, 2018 we are planning some social events (more information will follow).

Registration and Accommodation

Detailed information on registration (including fees) and local accommodations will be available on the conference website by April 2018.

Participants from Developing and Transition Economies and Students.

A small amount of funding is available for participants from developing and transition economies and students. In order to be considered for the funding, researchers should clarify it in the abstract submission.

4th 'Economic Philosophy' Conference on "Norms and Normativity" (Lyon, June 2018)

27-29 June, 2018 | University of Lyon, France

The 4th International Conference “Economic Philosophy” will be held at the University of Lyon from 27th to 29th June 2018. This conference is organized by the Ecole Normale Supérieure de Lyon (ENS), the University of Saint-Etienne, University Lyon 2, University Lyon 3, the Institut des Etudes Politiques (IEP) and Institut National des Sciences Appliquées (INSA) (Triangle UMR5206, GATE Lyon Saint-Etienne UMR 5824, Irphil EA4187).

Keynote speakers

Call for Papers

We invite economists and philosophers, but also all contributors working on economic philosophy, to submit papers relevant to the theme. Papers on other topics are also welcome.

Collective life is structured by norms. Even though such norms manifest as regularities for those who observe them, they also constitute rules to follow or ideals to mimic. May these norms be social, moral, or legal, they organize practices and orient judgments, especially in the economic sphere. Consequently, they constitute one of the first objects of study for both economics and philosophy, and more broadly for the social sciences.

From this perspective, at least three kinds of questions can be asked:

First, from an ontological point of view: What do constitute the norms? The nature of norms in themselves is debated, since such norms could refer to behavioral regularities, shared beliefs, incorporated rules, or intelligible principles, etc. What is their social function, and what is their role for individual representation and action? According to certain approaches, such as institutionalist-pragmatist approaches in economics, where institutions are defined as rules, norms are dynamic mediators between individuals and society. Norms orient individual behavior, consciously or not, intentionally or not, imperatively or through incentives, making difficult to draw a unified picture of their mode of action, making it even more difficult when such norms interact. What are their conditions of emergence? Norms evolve with economic and social life, however they can also slow down and orient the movement of both economic and social life. The origins of norms appearance, their crystallization, their laying on, or even their effacement towards other norms are complex and uncertain. What are norms’ conditions of efficacy? For instance, should the social responsibility of enterprises come under a private order or a public one?

Second, from an epistemological point of view: How to know the norms? The delimitation of the normative objects studied largely determine their conditions of analyses and orient their descriptions, as well as their explanations, which leads us to question the concepts that economists use to approach such norms. Which methodologies can guide their identification, their interpretation, and their explanation? The theoretical frameworks that are mobilized to highlight the evolution and efficacy of economic and social norms, from the rational choice theory to the theory of evolution, are multiple and often appear hardly compatible. Thus, one has to either articulate such theories together or to separate them. The theoretical framework allowing to identify such norms come under the social choice theory.

Third and finally, from an axiological point of view: How to assess and arbitrate conflict among norms? Diverse rationality or moral requirements are usually given to norms that were drawn from individual or collective behavior or that were imagined by theoretical models. However, it is not certain that such requirements offer the possibility to obtain a reliable and coherent order for these norms. From which value judgments – epistemic, moral or aesthetic – are they liable? Axiological judgments on norms can be linked (depending on the meta-ethic or more broadly on the meta-normative position one endorses) to superior rank norms, to values that would justify them, to interpretative hypotheses simply postulated, or even to preferences shaped by social or psychological preferences.

These three axes of questions lead to a reflection on normativity, that is, on what creates and imposes norms, as well as on the recognition of a specific dimension of the social and economic life. The normative, be it imperative or appreciative, distinguishes itself from the positive. Normativity is in itself the object of plural interrogations.

Is the dividing line between normative and positive really easy to draw in economic science and public action? It is often argued that norms are opposed to facts, as well as prescriptive and evaluative judgments are opposed to descriptive judgments. Some scholars challenge this dichotomy either by attempting to get rid of such distinction or by proposing to add a new one, isolating for instance the prudential from both the normative and the positive.

Can scientific discourses about economics and the economy really separate the study about fact from a normative reflection? The articulation of these two dimensions operate differently depending on whether the evaluative goal or the prescriptive one is assumed, as in welfare economics, or whether these goals are not assumed, because, for example, such goals would be contrary to an axiological imperative of neutrality. However, questions about time consistency or efficacy often lead to axiological questioning.

Can regulated judgments be considered at the origins or foundations of normativity? Norms or values, especially the moral ones, aiming to assess economic and social norms can even be described, studied, or assessed within their conflictual diversity, sometimes using economics tools such as formalization. The economist is thus steered to enable dialogue between concepts originally from meta-ethics or within social justice theories. Furthermore, the economist is pushed to interrogate the power she can have on such tools, which determine the framework of her own reflection. Besides, economics as a whole discipline is steered to create a dialog with other disciplines such as law, political science, and ethics.

Finally, which role can economists play in the production of appreciative or prescriptive discourses within the public space? Economists regular interventions in the public sphere obliges one to interrogate the norms that can regulate the production – intentionally or not – of normative effects from economics. Consequently, it seems necessary to question the standard for desirable interventions and the political interpretation of results and discourses produced by economists, as well as the place they fill in public consultation, deliberations, and public decisions.

Papers could be about reflections on norms, normativity in philosophy of economics; they could also come from any methodological perspective. Among the themes that could be addressed:

Important Deadlines:


Early registrations will be accepted till April 27th 2018 and late registrations will be accepted till June 15th 2018.

For more information please visit the conference website.

Alternate Routes: Special Issue and Conference Call for Papers

11-13 June, 2018 | Department of Sociology and Business Law at the University of Bologna, Italy

Alternate Routes: A Journal of Critical Social Research, in collaboration with the Department of Sociology and Business Law at the University of Bologna, is pleased to announce a *Special Issue and Conference Call for Papers*.

As a reminder, in addition to two special issues celebrating 40 years of Alternate Routes – "Austerity Urbanism & the Social Economy", and (with Pluto Books) "Reading Capital Today: Marx After 150 Years" – we recently released a number of new book reviews. To access them, or if you are interested in reviewing a book yourself, please visit the Alternate Routes website today. A full description of the call for papers is below.

Theme: Austerity Against Democracy: Work, Welfare and the Remaking of Global Capitalism

Organizers: Carlo Fanelli, York University; Stephanie Luce, City University of New York; Marco Marrone, University of Bologna; Federico Chicchi, University of Bologna

Although neoliberals have long accepted that constraints on democracy may be necessary to defend capitalist markets, the march toward total privatization and commodification of social relations has intensified in the decade of austerity following the 2008 Great Recession. This includes tax shifting for competitiveness, reduction of welfare state provisions, workplace concessions and widespread monetization of public assets. A growing body of literature has also documented the rise of nonstandard and precarious work – that is, forms of employment with limited social benefits and statutory entitlements, low wages, uncertainty of job tenure, and high risks of ill health. The deterioration in the quality and character of work has also been noted in the increasing flexibilization of workers, lack of control over its terms and conditions, limited access to career ladders, deunionization, and predominance of temporary, contractual, and part-time labour. While the anti-democratic and anti-worker thread coursing through neoliberal theory and practice is not new, its ever evolving manifestations merit further scrutiny.

Alternate Routes and the Department of Sociology and Business Law at the University of Bologna invites panel and paper proposals for its upcoming annual conference. To encourage broad intellectual engagement and debate, we are seeking proposals on a wide range of topics relating to these trends, including but not limited to

To submit your proposal, please visit the conference website. A selection of papers will be considered as part of a special issue publication of "Alternate Routes".

Submissions must be received no later than December 31st, 2017.

Conference Registration Fees: Permanent/Full-time

You can also visit the alternateroutes website for a PDF version of the CFP and to access the online submission form

Association of American Geographers Conference: "Rent, rent-seeking and rentiership in geographical perspective" (New Orleans, April 2018)

10-14 April, 2018 | New Orleans, US




Unicorns stalk Silicon Valley (promising huge returns to investors), big pharma ramps up drug prices on the back of knowledge monopolies (buying back their shares with the profits), multinational corporations hide ‘their’ intellectual property in offshore shell companies (avoiding much-needed taxes), and governments turn the air we breathe into a financial asset (giving it away to polluters). Contemporary capitalism is different; it is increasingly dominated by forms of rentiership rather than entrepreneurship, by the extraction of economic rents rather than the creation of new products and services (Birch 2017a; Felli 2014; Sayer 2015; Swyngedouw, 2010; Ward & Aalbers, 2016). Economic rents can be defined as the value extracted from economic activity – broadly conceived – as the result of the ownership and control of a particular resource, primarily because of that resource’s inherent or constructed degree of productivity, scarcity, or quality. As geographers, it is necessary to unpack how we analyse and understand – theoretically, politically, and ethically – the diversity of modes of ownership and control of resources in contemporary capitalism, including sociotechnical platforms (e.g. Uber), business model sorcery (e.g. Google), prosumer productivity (e.g. Facebook), Big Data mining (e.g. consumption patterns), and financial warlockery (e.g. interchange fees). This unpacking opens up opportunities to return to some of the geographical classics (e.g. David Harvey, Neil Smith) on economic rent, as well as engage with more recent literatures pushing forward debate in this area (e.g. Andreucci et al. 2017; Birch 2017b, 2017c; Haila 2016; Langley & Leyshon 2016; Maurer 2017; Schwartz 2017; Slater 2017; Storper 2013; Tretter 2016; Ward & Aalbers, 2016; Zeller 2008).


In light of the apparent spread and prevalence of economic rents and rent-seeking in our economies and societies, this session’s aim is to understand the geographical dimensions of rentiership, defined as the practice and process of constructing economic rents and rent-seeking. This raises a number of questions we invite contributors to address (others are also welcome):

  1. What are the intellectual histories of rentiership in human geography?

  2. Are current conceptions of rentiership fit for purpose? Do we need to update them?

  3. How does rentiership relate to geographical concepts like territory, place, space, and scale?

  4. How are rentiers involved in the process of mobilizing various social goods as financial assets?

  5. How do we take rent theory beyond land in order to analyze assets and resources like technoscientific knowledge, friendship and love, human bodies and living entities, etc.?

  6. Does the concept of rentiership help us understand new sociotechnical configurations like social media platforms (e.g. Uber), business models (e.g. Google), Big Data, etc.?

  7. What are the (geographical, biophysical, sociotechnical) materialities and/or technologies (accounting practices, legal assemblages, etc.) of rentiership?

  8. What, if anything, is new about the prevalence of rentiership in contemporary capitalism? Do we need new analytical tools to understand it?

Abstract Submission

If you would like to participate in the session, please submit an abstract (250 words max) by 18 October 2017 to kean@yorku.ca, callum.ward@kuleuven.be, and christian.zeller@sbg.ac.at. If you would like to participate in other ways (e.g. discussant) then please feel free to contact us as well.

Please note: once you have submitted an abstract to us, you will also need to register AND submit an abstract on the AAG website. The AAG abstract deadline is 25 October 2017.

How to submit an abstract

Further details are available at the conference website.


Andreucci, D. et al. (2017) “Value Grabbing”: A Political Ecology of Rent, Capitalism Nature Socialism, http://dx.doi.org/10.1080/10455752.2016.1278027
Birch, K. (2017a) Commentary: Towards a theory of rentiership, Dialogues in Human Geography 7(1): 109-111.
Birch, K. (2017b) Rethinking value in the bio-economy: Finance, assetization and the management of value, Science, Technology and Human Values 42(3): 460-490.
Birch, K. (2017c) A Research Agenda for Neoliberalism, Cheltenham: Edward Elgar.
Felli, R. (2014) On climate rent, Historical Materialism 22(3-4): 251-280.
Haila, A. (2016), Urban Land Rent, Chichester: Wiley Blackwell.
Langley, P. and A. Leyshon (2016), ‘Platform Capitalism: The Intermediation and Capitalisation of Digital Economic Circulation’, Finance and Society, early view.
Maurer, B. (2017) Value transfer and rent: Or, I didn’t realize my payment was your annuity, in K. Hart (ed.) Money in a Human Economy, Oxford: Berghahn.
Sayer, A. (2015) Why We Can’t Afford the Rich, Bristol: Polity Press.
Schwartz, H.M. (2017) Club goods, intellectual property rights, and profitability in the information economy, Business and Politics 19(2): 191-214.
Slater, T. (2017) Planetary rent gaps, Antipode 49: 114–137.
Storper, M. (2013) Keys to the City, New Jersey: Princeton University Press.
Swyngedouw, E. (2010) The Communist Hypothesis and Revolutionary Capitalisms: Exploring the Idea of Communist Geographies for the Twenty-first Century, Antipode 41(1): 298-319.
Tretter, E. (2016). Shadows of the Sunbelt City, Athens GA: University of Georgia Press.
Ward, C. and Aalbers, M. (2016) Virtual special issue editorial essay ‘The shitty rent business’: What’s the point of land rent theory?, Urban Studies 53(9): 1760–1783.
Zeller, C. (2008) From the gene to the globe: Extracting rents based on intellectual property monopolies, Review of International Political Economy 15(1): 86-115.

ICAPE Conference on "Pluralism and Economics 10 Years after the Crisis": Call for Papers, Panels and Workshops (Philadelphia, Jan 2018)

4 January, 2018 | Drexel University, Philadelphia, US

Call for Papers, Panels and Workshops on: "Pluralism and Economics 10 Years after the Crisis(and 200 Years after Marx’s Birth)"

It has now been 10 years since the financial crisis, but there have been very few changes in mainstream economics. Meanwhile, pluralist economists have been developing sophisticated ideas aimed at addressing the major problems confronting contemporary society. It is also interesting that the 10 year anniversary of the financial crisis finds us at the 200 anniversary of Marx’s birth. Marx, of course, railed against the flaws of the mainstream economics of his day, setting the stage for heterodox attempts to move beyond narrowly conceived mainstream approaches to a richer, historical approach to the discipline.

This year’s ICAPE conference has multiple themes regarding what pluralist economists have to offer the economics profession and society in general in 2018. Specifically,

This is a crucial juncture for pluralistic economists to discuss robust alternatives to mainstream economics and to bolster pluralistic approaches to teaching and research.

This ICAPE conference will occur on the day before the 2018 ASSA meetings from 7AM to 5PM at Drexel University near downtown Philadelphia. Drexel is located within a short cab or train ride from the convention hotels. The conference registration fee is $120 ($60 for graduate students/low income), which includes breakfast and lunch, along with coffee and refreshments throughout the day.

One of the purposes of the conference is to bring together economists from a variety of heterodox perspectives. There will be multiple opportunities for people to come together, including breakfast, coffee breaks, and a lunch plenary. Please plan on spending the entire day at the conference. In general, requests to schedule sessions at particular times of the day cannot be granted.

We welcome work from all strands of heterodox economic theory, including evolutionary, ecological, complexity, institutional, feminist, Austrian, Marxian, Sraffian, Post-Keynesian, behavioral/psychological, social, radical political economy, critical realism, agent-based modeling, and general heterodox. We are particularly interested in material from graduate students, sessions on pluralistic teaching, and material on the state of pluralism in economics. And, we are interested in research from any of the perspectives listed above.


The deadline for submitting proposals is Tuesday, September 5, 2017. We welcome proposals for individual papers, full sessions, teaching workshops, research workshops and roundtables. Proposals for complete sessions or workshops with a coherent theme are encouraged, especially those that are pluralistic in nature, reflecting multiple perspectives in the discipline. Those who make a submission will be informed whether their proposal has been accepted by the 20th of September 2017.

Anyone needing an early decision on their submission to secure travel funding should indicate the need for an early decision as part of their submission.

ICAPE member associations are encouraged to submit entire sessions or workshops. Current dues-paying ICAPE member associations include: AFEE, AFIT, ASE, IAFFE, and URPE.

For individual papers, please include:

  1. Your name,
  2. your title and affiliation,
  3. ​​an abstract of 300 words or less,
  4. 3 keywords,
  5. a short abstract of 50 words, and
  6. contact information (address, phone, email).

For full sessions consisting of papers, roundtables, workshops, and other formats, please include the above for each contribution, as well as a title for the session, the names of the chair and discussants (if any), and the name and contact information of the session organizer.

All proposals should be submitted by email to Geoff.Schneider@Bucknell.edu as a Word or RTF document. Your email subject should be titled using the corresponding author’s last name, “ICAPE,” and a brief title in the subject line (e.g., “Schneider.ICAPE.Teaching Roundtable”). Please also title the Word or RTF document containing your submission in a similar fashion.

Authors who present at the ICAPE conference are encouraged to submit their papers to the American Review of Political Economy (http://www.arpejournal.com/submissions/), edited by Michael Murray and Nikolaos Karagiannis. Papers from the conference will be published in a special issue of the ARPE.

Please address your questions to Geoff Schneider (Geoff.Schneider@Bucknell.edu), Executive Director of ICAPE.

ICAPE is looking for locations for future conferences in Atlanta on January 3, 2019, and in San Diego on January 5-6, 2020. If you know of a potential location in any of these cities, please contact us.

Latin American Perspectives: Special Issue on "Violence and Contemporary Capital Accumulation in Latin America"

In Drug War Capitalism, author Dawn Paley provides the compelling thesis, harkening back to Marx’s writings on primitive accumulation and David Harvey’s contemporary analysis, that violence enables the expansion of the capitalist system by accumulation through dispossession. This thematic issue focuses on the link between contemporary forms of capital accumulation and violence in Latin America, through analysis of recent emblematic cases and trends, and of the effects of this violence, including displacement. Latin America has long been one of the most violent regions in the world. According to the United Nations Office on Drugs and Crime (UNODC) database, in 2012 (the most recent year for which the most complete dataset is available), 9 of the 20 countries and territories with the highest homicide rates in the world were in Latin America, namely Honduras, Venezuela, El Salvador, Guatemala, Colombia, Brazil, Puerto Rico, the Dominican Republic, and Mexico.

This special issue of Latin American Perspectives focus is on how contemporary capital accumulation generates violence that disproportionately affects the civilian population. Recent emblematic cases and trends include rampant drug-related violence in Mexico and Central America, the murder of environmental activists such as Berta Cáceres in struggles over control of land and natural resources, as well as of journalists who investigate and denounce this violence, especially in Mexico, where, according to the Committee to Protect Journalists, almost 100 journalists have been killed or disappeared since the so-called war on drugs was launched in 2006. Although the perpetrators can be state or non-state actors (or often both working together), the unifying framework of our analysis is the recognition that contemporary capital accumulation is a root cause of a broad spectrum of violence with serious political and social consequences.

We seek contributions that theorize and document these linkages including examination of the role of violence in the restructuring of national economies, regarding both their “legal” and “illegal” sectors, the role of transnational finance and extractive capital, and the interests and foreign policy of the United States and other core countries. Other effects of the violence-accumulation link are worsening social, economic, and environmental indicators, creating a vicious feedback loop in which accumulation by powerful interests has brought about not benefits but deteriorating conditions for the majority, such as the toxic effects of mining on the environment and public health, internal displacement and large scale migration, including the surge of minors from the Northern Triangle countries emigrating to the US, corruption that penetrates, transforms, and weakens state institutions, and the undermining of democracy.

We also seek contributions on the initiatives and movements for peace and justice that have arisen to confront the violence in Latin America. Some of these movements attempt to develop alternative structures of politics and economics that can be analyzed using the conceptual framework of dual power, for example, autodefensas and the Cherán uprising in Michoacán and community police in Guerrero, Mexico. We also seek to analyze other forms of resistance to violence and violence-generating accumulation, such as movements mobilized around indigenous rights, the communes in Venezuela, and organizing against extractive development projects. Finally, we propose to evaluate the potential of these initiatives and movements to halt the violence and to explore other alternatives that might significantly diminish violence in Latin America.

We invite submissions on all relevant topics that deal with the accumulation-violence link. Topics could include but are not limited to analysis of:


To avoid duplication of content, please contact the issue editors to let them know of your interest in submitting and your proposed topic. We encourage submission as soon as possible, preferaby by Jan. 30, 2018, but this call will remain open as long as it is posted on the LAP web site.

Manuscripts should be no longer than 8,000 words of paginated, double-spaced 12 point text with 1 inch margins, including notes and references, using the LAP Style Guidelines available at www.latinamericanperspectives.com under the “Submit” tab where the review process is also described. Manuscripts should be consistent with the LAP Mission Statement available on the web site under the “About” tab.

Manucripts may be submitted in English, Spanish, or Portuguese. If you do not write in English with near native fluency, please submit in your first language. LAP will translate manuscripts accepted in languages other than English. If you are not submitting in English, please indicate if you will have difficulty reading reviews and/or correspondence from the LAP office in English.

Please feel free to contact the issue editors with questions pertaining to the issue but all manuscripts should be submitted directly to the LAP office, not to the issue editors. A manuscript is not considered submitted until it has been received by the LAP office. You should receive acknowledgment of receipt of your manuscript within a few days. If you do not receive an acknowledgment from LAP after one week, please send a follow-up inquiry to be sure your submission arrived.

E-mail Submissions: send to lap@ucr.edu

Postal correspondence may be sent to:
Managing Editor, Latin American Perspectives¸
P.O. Box 5703, Riverside, California 92517-5703.

For an article with more than one author, provide contact information for all authors but designate one person as the Corresponding Author who will receive correspondence from the LAP office. If any contact information changes while your manuscript is under consideration, please send the updated information to LAP promptly.

Submission of a manuscript implies commitment to publish in the journal. Authors should not submit a manuscript that has been previously published in English in identical or substantially similar form nor should they simultaneously submit it or a substantially similar manuscript to another journal in English. LAP will consider manuscripts that have been published in another language, usually with updating. Prior publication should be noted, along with the publication information.

Issue editor contact information:

Call for Participants

21st FMM Conference "The Crisis of Globalisation" (Berlin, 2017)

9-11 November, 2017 | Best-Western Hotel International, Berlin, Germany

There will be a day of introductory lectures for graduate students on 9 November prior to the opening panel, featuring topics in heterodox economics. Registration forms for the conference and the introductory lectures are available on the conference website. The conference language is English.

With this short newsletter, we would like to inform you that registration for the 21st FMM conference, at which we will focus on globalisation and its implications, is possible now. We have received plenty of promising contributions and the following keynote speakers have already confirmed their participation:

Panel I: History, Development of Globalisation / Overview

Panel II: Theoretical Insights / Aspects of Globalisation

Panel III: Policy Implications

Conference Description

The market-radical regime of globalisation started to unfold in the 1970s. Since then, integration of financial markets and global value chains have grown to unprecedented levels. Multinational companies and financial institutions have gained substantial power. Globalisation produced winners, but also many losers. Contrary to expectations, many countries have experienced low GDP growth, accompanied by financial booms-bust cycles and high unemployment. Inequality within countries and between developed and poor countries increased, with only a small number of developing countries catching up. Right-wing parties are on the rise and hit long-standing left anti-globalisation movements. All this seems to indicate that the present type of globalisation is economically and politically exhausted. At our 21st conference, we will assess how the past globalisation process can be explained, in which direction it may develop, and which policies are needed to make the global economy beneficial for all.

Further information and the registration form is available on the conference website.

Deadline for registration and hotel reservation: 6 October 2017

We would be glad if you circulate the Call for Participants (pdf) within your networks!

Job Postings

Bucknell University, US

Job Title: Assistant or Associate Professor of Environmental Studies with a focus on Race, Identity, and Community

The program in Environmental Studies at Bucknell University seeks to hire an assistant or associate professor of environmental studies with a specialization in race, identity and the environment, to start in August 2018. The successful candidate will have a strong commitment to undergraduate teaching, a high potential for excellence in research, and will bring a strong community focus to their teaching and research. Teaching responsibilities include courses in specialties such as such as race, culture & environment, sustainable cities, or environments & identities; community-based and/or local student research; community and qualitative research design; and service and general education courses in environmental studies. Ph.D. required by time of appointment in an environmentally relevant field with specialties in the humanities or social sciences such as: Africana, ethnic, gender, or Indigenous studies; critical race studies; environmental or community sociology or anthropology; community-level international development or political ecology; social/urban geography or urban anthropology; or community health.

We invite candidates to explain how issues of diversity are brought into their teaching, scholarship, and/or service. We seek a teacher-scholar who is committed to Bucknell’s efforts to create a climate that fosters the growth and development of a diverse student body and whose experience and expertise will contribute to the Environmental Studies Program’s diversity-related educational goals, including an emphasis on inclusive pedagogy. Bucknell University, an Equal Opportunity Employer, believes that students learn best in a diverse, inclusive community and is therefore committed to academic excellence through diversity in its faculty, staff, and students. We seek candidates who are committed to Bucknell’s efforts to create a climate that fosters the growth and development of a diverse student body, and we encourage applications from members of groups that have been historically underrepresented in higher education. Application materials should include a cover letter, a CV, a statement of teaching philosophy, evidence of teaching effectiveness as available, a research statement, and three confidential letters of reference. The search committee would welcome applications from political economists for this position.

Review of applications will begin September 15, 2017 and continue until the position is filled. All materials must be submitted through Bucknell's career site (careers.bucknell.edu).

Bucknell University is a private, highly ranked, national liberal arts institution that also offers strong professional programs in engineering, business, education, and music. Located in Central Pennsylvania along the Susquehanna River, Bucknell is nestled in the Borough of Lewisburg, an architectural gem that has been ranked as one of America’s best small towns. The Lewisburg area offers a unique combination of outdoor recreation opportunities, and appealing amenities such as art galleries, an art deco theater, historic museums, and charming independent boutiques and restaurants. In addition to the many cultural and athletic events offered by the University and the Borough, the surrounding region offers outstanding schools, medical facilities, and an affordable cost of living. For those who crave the city, Bucknell is within an easy three-hour drive to Philadelphia, New York, Baltimore, and Washington, D.C.

Link to the job advert is available here.

Leibniz Institute of Agricultural Development in Transition Economies, Germany

Job Title: Postdoc position within the DFG-funded project “Ethical issues in agricultural land markets”

Professor Dr. Vladislav Valentinov has received a German Research Society (DFG) grant to study the decoupling of agricultural land markets from moral beliefs and values, with the use of the social fabric matrix (SFM).

Professor Valentinov is now searching for, as he states, “a postdoc who would work full time within the two-year project on the ethical issues of agricultural land markets. Depending on the profile and interests of potential candidates, the development of the social fabric matrix of agricultural land markets in Germany could be the major activity. There is substantial interest at the Leibniz Institute of Agricultural Development in Transition Economics (IAMO) to develop expertise in the SFM approach.” It is not necessary to be fluent in German to be considered a serious candidate. There are currently researchers at IAMO who are fluent only in English.

Given the importance of this research project to contribute to our scientific literature and to gain an understanding about conflict between ethical land beliefs and land markets (which is an issue in all countries), participation in the analysis should be very rewarding.

Below you can find the official Call for Applications


The Leibniz Institute of Agricultural Development in Transition Economies (IAMO) in Halle (Saale), Germany, invites an application for a Postdoc position within the DFG-funded project “Ethical issues in agricultural land markets” for the period of two years.

Short description of the project

The present-day agricultural land markets in the countries under investigation are marked by the dramatic increase of land prices and rents, the growing role of non-agricultural investors, the rise of large-scale holding structures, and the growing demand for the conversion of agricultural land toward non-agricultural uses. All these trends are often felt to have moral significance. The present project is aimed at explicating this significance, exploring the possibilities and limits of the public regulation of agricultural land markets, and developing the conceptual tools for addressing those moral dilemmas whose complexity runs up against the limits of the regulatory potential.


The project activities will tentatively include ethical assessment of agricultural land markets, organization of stakeholder interviews and workshops, discourse analysis, and the construction of the “social fabric matrix”.


  1. Suitable candidates have a PhD degree in economics, agricultural economics, business administration, business ethics, sociology

  2. Competence in conceptual and empirical research methods, such as discourse analysis, stakeholder interviews, and social fabric matrix

  3. Interest in business ethics, economic ethics, institutional economics

  4. Willingness to study and work in an international environment

  5. Fluency in English; a working knowledge of German is desirable

Terms and conditions

The salary is calculated according to TV-L 13 based on the full time basis. The position is for 2 years and the preferred starting date is October 1, 2017.

IAMO is a public research institute that pursues basic and applied research in the field of agricultural economics and related fields. It is a member of the Leibniz Association, a German network of non-university research institutes. IAMO is an equal opportunity employer and particularly welcome applications from female candidates. Physically handicapped persons with equal qualifications will be given preference.


Interested candidates should send a set of application documents in English that include:

  1. Letter of motivation (maximum 1 page);

  2. Curriculum vitae;

  3. Names and contact information of two academic referees.

This set of application documents should be sent by e-mail to Vladislav Valentinov (valentinov@iamo.de). Closing date for the application is September 30, 2017.

Further information:

Link to the job advert can be found here.

University of Wisconsin-Eau Claire, US

Job Title: Assistant Professor

JEL-Classification: General Economics, Econometrics, General International Economics, General Financial Markets

The University of Wisconsin-Eau Claire economics department invites applications for a tenure-track Assistant Professor positions starting August 27, 2018. The successful candidate will be expected to teach both upper-level economics courses and principles of economics. Preference will be given to candidates that could teach applied econometrics, international economics, or investments. We seek candidates who are committed to teaching excellence and who will maintain an active research program in collaboration with undergraduate students. In addition the successful candidate will be expected to promote inclusiveness and diversity in the classroom, the department, and the university community and to align with our commitment to support our University liberal education core. Ph.D. in economics required; ABD applicants considered with evidence that requirements for the degree will be completed by August 27th, 2018. For a complete position description and application instructions, visit http://www.uwec.edu/employment and click on Economics: Assistant Professor. For questions please contact Dr. Eric Jamelske at jamelsem@uwec.edu

For priority consideration, applications must be complete by October 1, 2017. However, screening may continue until position is filled. UW-Eau Claire is an AA/EEO/Veterans/Disability employer dedicated to enhancing diversity, equity, and inclusion. Criminal background checks required prior to employment. To learn more, visit our department website.

Link to the job advert is available here.

York University, CA

Job Title: Full Time Tenure Stream - Assistant Professor

The Department of Social Science, Faculty of Liberal Arts & Professional Studies, York University, invites applications for a tenure-stream position in Business and Society at the rank of Assistant Professor to commence July 1, 2018. More information about the Department can be found at http://sosc.laps.yorku.ca/; more information about the Business and Society Program can be found at http://buso.sosc.laps.yorku.ca/.

The successful candidate will have a completed PhD in one of the social sciences, an interdisciplinary social scientific program or a related field (e.g., ethics, political philosophy, history, critical management studies), and will demonstrate excellence or the promise of excellence in teaching, and research and publications. There is a strong preference for candidates who can teach from a critical, interdisciplinary perspective in the areas of The Firm or Business and the Environment. Candidates must have the breadth and versatility to teach the core courses of the Business & Society undergraduate program. The ability to teach courses in more than one of the program streams and expertise in heterodox economics would be a major asset

Candidates will demonstrate an ongoing program of interdisciplinary research in the field and will have publications appropriate to their stage of career. The successful candidate must be suitable for prompt appointment to the Faculty of Graduate Studies. Pedagogical innovation in high priority areas such as experiential education and technology enhanced learning is an asset.

York University is an Affirmative Action (AA) employer and strongly values diversity, including gender and sexual diversity, within its community. The AA program, which applies to Aboriginal people, visible minorities, people with disabilities, and women, can be found at www.yorku.ca/acadjobs or by calling the AA office at 416-736-5713. All qualified candidates are encouraged to apply; however, Canadian citizens and permanent residents will be given priority.

Applicants must submit a signed letter of application outlining their professional experience and research interests, an up-to-date curriculum vitae, a sample of their scholarly writing (maximum 50 pp.), and a teaching dossier, and arrange for three signed confidential letters of recommendation to be sent to: Professor Amanda Glasbeek, Chair, Department of Social Science, Ross Building, S754 York University, 4700 Keele St, Toronto, Ontario, Canada, M3J 1P3. Email: soscjobs@yorku.ca (Subject line: "Business and Society Appointment")

The deadline for applications is September 15, 2017. Salary will be commensurate with qualifications and experience. All York University positions are subject to budgetary approval

Posting End Date: September 15, 2017

Link to the job advert can be found here.


Horvat-Vanek Prize 2018

The Horvat-Vanek prize is awarded every two years for a research paper of exceptional quality written by a young scholar in one of the areas of interest to IAFEP.

The prize, of a value of US$ 1,000, will be awarded during the 19th Conference of the International Association for the Economics of Participation.

In order to be considered for the prize, researchers and doctoral students aged 35 or under should submit one research paper in English (maximum length 10,000 words) by May 15, 2018 to ALEKSANDRA GREGORIČ (agr.int@cbs.dk). Please, include your institutional affiliation and an abstract, and indicate clearlyon the paper that you wish it to be considered for the Horvat-Vanek prize (the recipient will be requested to provide a passport or other official evidence of their date of birth in order to receive the prize).

The Policy Corner: essay competition on "Rethinking Economic Policy"

Calling all students and early career professionals:

We invite you to take part in our 2017 essay competition Rethinking Economic Policy. Submit your original article analyzing a current issue linked to economic policy to competition@policycorner.org before midnight on October 31, 2017.

With the generous support of the Young Scholars Initiative at the Institute for New Economic Thinking, we are offering cash prizes for the three best articles (€400, €200, and €100) and will invite the winners to Berlin in January 2018 for a discussion event with invited experts.

Essay Topic: Identify an issue that calls for a new perspective in economic policy and outline an innovative solution.

Submission: All individuals of 30 years and younger are invited to submit. For full details and submission requirements, please refer to the attached PDF or see our website at www.policycorner.org/en/competition/

Who Are We?The Policy Corner is an inclusive online platform for publishing research-based articles on global issues. The Young Scholars Initiative is an international community of students and young professionals founded by the leading New York-based think tank the Institute for New Economic Thinking.

If you have any questions, get in touch with us at competition@policycorner.org. We look forward to hearing from you!

Best regards,

The Policy Corner

William Waters Grant from the Association for Social Economics


The purpose of the William R. Waters Research Grant Program is to inspire scholars to organize their research in social economics and social economy along the lines suggested by William Waters in his 1988 presidential address to the Association for Social Economics.


The Association of Social Economics offers a research grant in the amount of up to $5,000 to promote research in social economics and the social economy. Possible topics include, but are not limited to: the role of social values in economic life, economic policy and social wellbeing, social capital, social norms, social networks, human capabilities, workplace policies and social justice, corporate social responsibility, socially responsible investment, microfinance, ethics and economics, poverty, inequality, and policies related to health, education, and welfare.

In order to advance the careers of promising new scholars in particular, applicants for the Waters grant must be graduate students in PhD programs who have not yet completed their dissertation, or faculty members (tenured or untenured) below the rank of Associate Professor (or its equivalent outside the U.S.).


To apply for the grant, the following materials need to be submitted by Wednesday, November 1, 2017:

  1. A completed application form(Please click here for the document)
  2. A 4 to 5 page narrative (in 12 pt Times New Roman font single-spaced) explaining the following:
    1. The purpose of the project: What will be learned from the research to be undertaken, and what will be its contribution to knowledge? What are the expected outputs from the work?
    2. A description of the research project to be undertaken, including the issues to be examined, the research methods to be employed (this needs to be sufficiently detailed), and why this constitutes innovative work in comparison to the available evidence in the field.
    3. The relationship of the project to social economics: What conceptual frameworks, topical concerns, and/or empirical methodologies drawn from social economics will be used in the present project? How is the project expected to contribute to social economics?
    4. The plan of work: Include a time-table for the project, resources to be used, travel plans, etc.
    5. The estimated budget: Indicate all costs that would be covered by the grant (e.g. travel expenses, research costs, summer stipend, etc.)
  3. An up-to-date curriculum vitae
  4. Two letters of recommendation: For students, one letter should be from their dissertation advisor.

Enquiries and application materials including letters of recommendation should be sent by e-mail with the subject line “Application for the William R. Waters Research Grant” to:


Accounting, Organizations and Society, 60

Chandana Alawattage, Susith Fernando: Postcoloniality in corporate social and environmental accountability

Justin Leiby, Paul E. Madsen: Margin of safety: Life history strategies and the effects of socioeconomic status on self-selection into accounting

Marcia Annisette: Discourse of the professions: The making, normalizing and taming of Ontario's “foreign-trained accountant”

Sven Modell, Eija Vinnari, Kari Lukka: On the virtues and vices of combining theories: The case of institutional and actor-network theories in accounting research

Martin Kornberger, Dane Pflueger, Jan Mouritsen: Evaluative infrastructures: Accounting for platform organization

Capitalism Nature Socialism, 28 (3)

House Organ

Daniel Faber & Christina Schlegel: Give Me Shelter from the Storm: Framing the Climate Refugee Crisis in the Context of Neoliberal Capitalism

Capital Accumulation, Hegemony, and Socio-Ecological Struggles

Diego Andreucci, María Jesús Beltrán, Irina Velicu & Christos Zografos: Capital Accumulation, Hegemony and Socio-ecological Struggles: Insights from the ENTITLE Project

Diego Andreucci, Melissa García-Lamarca, Jonah Wedekind & Erik Swyngedouw: “Value Grabbing”: A Political Ecology of Rent

Amelie Huber, Santiago Gorostiza, Panagiota Kotsila, María J. Beltrán & Marco Armiero: Beyond “Socially Constructed” Disasters: Re-politicizing the Debate on Large Dams through a Political Ecology of Risk

Rita Calvário, Giorgos Velegrakis & Maria Kaika: The Political Ecology of Austerity: An Analysis of Socio-environmental Conflict under Crisis in Greece

Gustavo A. García López, Irina Velicu & Giacomo D’Alisa: Performing Counter-Hegemonic Common(s) Senses: Rearticulating Democracy, Community and Forests in Puerto Rico

Contradictions and Struggles

Andriana Vlachou & Georgios Pantelias: The EU’s Emissions Trading System, Part 2: A Political Economy Critique


Jake Vermaas: Wake of Earth

Development Problems, 48 (190)

Jairo Parada: Social Innovation for “Smart” Territories: Fiction or Reality?

Jordy Micheli and Rubén Oliver: Software Companies in Mexico and their Ties to Local Development

María del Mar Miralles Quirós, José Luis Miralles Quirós and Julio Daza Izquierdo: Technology Companies and Public Policy for Regional Development in Brazil

Marisa Bordón: The State and Financial Capital in Argentina Between 2002 and 2012. Public Debt

Pablo Lavarello: The (Incomplete and Brief) Return of Industrial Policy: The Case of Argentina 2003-2015

Alejandro Méndez Rodríguez: Talent Migration as a Development Strategy: Mexico-Japan

Eva Ugarte, Josefina León, and Gilberto Parra: The Liquidity Trap, History, and Research Trends: A Bibliometric Analysis

Ecological Economics, 141

Serafin Corral, Yeray Hernandez: Social Sensitivity Analyses Applied to Environmental Assessment Processes

Tânia Sousa, Paul E. Brockway, Jonathan M. Cullen, Sofia Teives Henriques, Jack Miller, André Cabrera Serrenho, Tiago Domingos: The Need for Robust, Consistent Methods in Societal Exergy Accounting

Ross Harvey, Chris Alden, Yu-Shan Wu: Speculating a Fire Sale: Options for Chinese Authorities in Implementing a Domestic Ivory Trade Ban

Jetske Bouma, Victoria Reyes-García, Tomas Huanca, Susana Arrazola: Understanding conditions for co-management: A framed field experiment amongst the Tsimane’, Bolivia

Lina I. Brand-Correa, Julia K. Steinberger: A Framework for Decoupling Human Need Satisfaction From Energy Use

Veronica Galassi, Reinhard Madlener: The Role of Environmental Concern and Comfort Expectations in Energy Retrofit Decisions

Massimiliano Agovino, Alessandro Crociata, Davide Quaglione, Pierluigi Sacco, Alessandro Sarra: Good Taste Tastes Good. Cultural Capital as a Determinant of Organic Food Purchase by Italian Consumers: Evidence and Policy Implications

Milad Dehghani Pour, Naser Motiee, Ali Akbar Barati, Fatemeh Taheri, Hossein Azadi, Kindeya Gebrehiwot, Philippe Lebailly, Steven Van Passel, Frank Witlox: Impacts of the Hara Biosphere Reserve on Livelihood and Welfare in Persian Gulf

Céline Nauges, Sarah Ann Wheeler: The Complex Relationship Between Households’ Climate Change Concerns and Their Water and Energy Mitigation Behaviour

Tobias Vorlaufer, Thomas Falk, Thomas Dufhues, Michael Kirk: Payments for ecosystem services and agricultural intensification: Evidence from a choice experiment on deforestation in Zambia

Philippe Mouillot, Pierre-Charles Pupion: Ecosystem-based Artefacts as a Source of Loyalty at the French Valley of the Monkeys

Sandra H. Goff, Timothy M. Waring, Caroline L. Noblet: Does Pricing Nature Reduce Monetary Support for Conservation?: Evidence From Donation Behavior in an Online Experiment

Martin Drechsler: The Impact of Fairness on Side Payments and Cost-Effectiveness in Agglomeration Payments for Biodiversity Conservation

Bernd Klauer, Bartosz Bartkowski, Reiner Manstetten, Thomas Petersen: Sustainability as a Fair Bequest: An Evaluation Challenge

Baqir Lalani, Peter Dorward, Garth Holloway: Farm-level Economic Analysis - Is Conservation Agriculture Helping the Poor?

Frank Pothen: A structural decomposition of global Raw Material Consumption

Katharine N. Farrell, Jose Carlos Silva-Macher: Exploring Futures for Amazonia’s Sierra del Divisor: An Environmental Valuation Triadics Approach to Analyzing Ecological Economic Decision Choices in the Context of Major Shifts in Boundary Conditions

Frederick Chen: The Economics of Synthetic Rhino Horns

Ademola A. Adenle, James D. Ford, John Morton, Stephen Twomlow, Keith Alverson, Andrea Cattaneo, Rafaello Cervigni, Pradeep Kurukulasuriya, Saleemul Huq, Ariella Helfgott, Jane O. Ebinger: Managing Climate Change Risks in Africa - A Global Perspective

Nicholas B. Irwin, H. Allen Klaiber, Elena G. Irwin: Do Stormwater Basins Generate co-Benefits? Evidence from Baltimore County, Maryland

Julian Rode, Marc Le Menestrel, Gert Cornelissen: Ecosystem Service Arguments Enhance Public Support for Environmental Protection - But Beware of the Numbers!

Gabriela Sabau, F.I.M. Muktadir Boksh: Fish Trade Liberalization Under 21st Century Trade Agreements: The CETA and Newfoundland and Labrador Fish and Seafood Industry

Luca Mulazzani, Rosa Manrique, Giulio Malorgio: The Role of Strategic Behaviour in Ecosystem Service Modelling: Integrating Bayesian Networks With Game Theory

Alexander Zerrahn: Wind Power and Externalities

Felix Schläpfer: Deliberative Monetary Valuation (DMV) and Democratic Valuation (DV): A Response to Bartkowski and Lienhoop (2017)

Herman Daly: Review of Doughnut Economics, by Kate Raworth, Chelsea Green Publishers, 2017

Feminist Economics, 23 (4)

Andrea Cutillo & Marco Centra: Gender-Based Occupational Choices and Family Responsibilities: The Gender Wage Gap in Italy

Bruce Pietrykowski: The Return to Caring Skills: Gender, Class, and Occupational Wages in the US

Srinivas Raghavendra , Nata Duvvury & Sinéad Ashe: The Macroeconomic Loss due to Violence Against Women: The Case of Vietnam

Cruz Caridad Bueno & Errol A. Henderson: Bargaining or Backlash? Evidence on Intimate Partner Violence from the Dominican Republic

Guiyan Wang & Michel Fok: Are Women Less Capable in Managing Crops? Insights from Cotton Production in Northern China

Alma Espino, Fernando Isabella, Martin Leites & Alina Machado: Do Women Have Different Labor Supply Behaviors? Evidence Based on Educational Groups in Uruguay

Bilge Erten & Nilüfer Çağatay: Proposal for a Global Fund for Women through Innovative Finance

Nadiya Kelle, Julia Simonson & Laura Romeu Gordo: Is Part-Time Employment after Childbirth a Stepping-Stone into Full-Time Work? A Cohort Study for East and West Germany

Hannah Bargawi & Giovanni Cozzi: Engendering Economic Recovery: Modeling Alternatives to Austerity in Europe

Goedele Van den Broeck & Miet Maertens: Does Off-Farm Wage Employment Make Women in Rural Senegal Happy?

Historical Materialism, 25 (2)

Research Articles

Steve Ellner: Implications of Marxist State Theory and How They Play Out in Venezuela

David Broder: Red Partisans: Bandiera Rossa in Occupied Rome, 1943–44

Marcelo Hoffman: Alain Badiou, the Maoist Investigation, and the Party-For


Laleh Khalili: Pacifying Urban Insurrections

Tamás Krausz: Deutscher, Lenin and the East-European Perspectives

Giuliano Andrea Vivaldi: Rethinking Soviet Marxism: The Case of Evald Ilyenkov

Sean Ledwith: Gramsci’s Spatial Dialectics

Harry Harootunian: Surplus Histories, Excess Memories

Oscar Berglund: Crisis and Revolt in Spain

Dhruv Jain: Maia Ramnath and the Search for a Decolonised Antiauthoritarian Marxism

Markar Melkonian: Paradoxes of Plain Thinking

Journal of Evolutionary Economics, 27 (4)

Isabel Almudi, Francisco Fatas-Villafranca, Luis R. Izquierdo & Jason Potts: The economics of utopia: a co-evolutionary model of ideas, citizenship and socio-political change

Stephan Müller & Georg von Wangenheim: The impact of market innovations on the dissemination of social norms: the sustainability case

Bastian Rake: Determinants of pharmaceutical innovation: the role of technological opportunities revisited

Orlando Gomes & J. C. Sprott: Sentiment-driven limit cycles and chaos

Verónica Robert, Gabriel Yoguel & Octavio Lerena: The ontology of complexity and the neo-Schumpeterian evolutionary theory of economic change

George Liagouras: The challenge of Evo-Devo: implications for evolutionary economists

Journal of Post Keynesian Economics, 40 (2)

Rafael Saulo Marques Ribeiro , John S. L. McCombie & Gilberto Tadeu Lima: Some unpleasant currency-devaluation arithmetic in a post Keynesian macromodel

M. J. Dávila-Fernández, J. L. Oreiro, L. F. Punzo & S. Bimonte: Capital in the Twenty-First Century: Reinterpreting the fundamental contradiction of capitalism

Luiz Fernando de Paula, Barbara Fritz & Daniela M. Prates: Keynes at the periphery: Currency hierarchy and challenges for economic policy in emerging economies

Cesar Rodrigues van der Laan, André Moreira Cunha & Marcos Tadeu Caputi Lélis: On the effectiveness of capital controls during the Great Recession: The Brazilian experience (2007–2013)

Won Jun Nah & Marc Lavoie: Long-run convergence in a neo-Kaleckian open-economy model with autonomous export growth

Louisa Connors & William Mitchell: Framing Modern Monetary Theory

Maria Cristina Marcuzzo: The “Cambridge” critique of the quantity theory of money: A note on how quantitative easing vindicates it

Journal of World Economy, 46 (1): Special Section on "Financialization and Crises in Europe"

Co-edited by Jorge Garcia-Arias (University of Leon, SP), Laura Horn (Roskilde University, DK) and Jan Toporowski (Soas, University of London, UK)

Jorge Garcia-Arias, Laura Horn and Jan Toporowski: Perspectives on Financialisation and Crises in Europe

Andreas Nölke: Financialisation as the Core Problem for a “Social Europe”

Andrew Brown, David A. Spencer and Marco Veronese Passarella: The Extent and Variegation of Financialisation in Europe: A Preliminary Analysis

Bruno Bonizzi and Jennifer Churchill: Pension Funds and Financialisation in the European Union

Ana C. Santos, Cláudia A. Lopes and Sigrid Betzelt: Financialisation and Work in the EU: Inequality, Debt and Labour Market Segmentation

Andreja Živković: Financialisation in the Post-Yugoslav Region: Monetary Policy, Credit Money and Dollarization

Moneta e Credito, 70 (278)

Fabrizio Botti, Marcella Corsi, Giulia Zacchia: La microfinanza in Europa (Microfinance in Europe)

Anna Maria Rita La Bruna: La lezione siciliana di Paolo Sylos Labini, 1958-1960 (Paolo Sylos Labini’s Sicilian Lesson, 1958-1960)

Marco Ranaldi: Anthony Atkinson e l’aritmetica politica del XXI secolo (Anthony Atkinson and Political Arithmetic in the XXI Century)

Alessandro Roncaglia: La rivoluzione dello shale oil e i mercati finanziari (The Shale Oil Revolution and Financial Markets)

PSL Quarterly Review, 70 (281)

Ivan D. Trofimov: Profit rates in the developed capitalist economies: a time series investigation

Ignazio Drudi, Giorgio Tassinari, Fabrizio Alboni: Changes in wealth distribution in Italy (2002-2012) and who gained from the Great Recession

Hubert Gabrisch: Explaining trade imbalances in the euro area: Liquidity preference and the role of finance

Safet Kurtovic, Blerim Halili, Nehat Maxhuni: Bilateral Trade Elasticity of Serbia: Is There a J-Curve Effect?

Research in the History of Economic Thought and Methodology, Volume 35A

Edited by Luca Fiorito, Scott Scheall and Carlos Eduardo Suprinyak | 2017, Emerald Insight




We are currently considering submissions for future volumes of RHETM. Submissions received before the end of September 2017 are eligible for the Third Annual Warren Samuels Prize for Interdisciplinary Research in the History of Economic Thought and Methodology, which carries a $1,000 award. Submissions are received via email. Please contact one or more of the editors.

Subscribe to Research in the History of Economic Thought and Methodology: here http://emeraldgrouppublishing.com/products/subs/index.htm

Link to the Volume 35A is available here.

Review of International Political Economy, 24 (4)

Original Articles

Kristen Hopewell: When market fundamentalism and industrial policy collide: the Tea Party and the US Export–Import Bank

Christopher A. McNally & Julian Gruin: A novel pathway to power? Contestation and adaptation in China's internationalization of the RMB

Teppo Eskelinen & Matti Ylönen: Panama and the WTO: new constitutionalism of trade policy and global tax governance

Forum: Open Economy Reflections: Systemic Theory and Policy Relevance

Benjamin Cohen: The IPE of money revisited

Stephen Chaudoin & Helen V. Milner: Science and the system: IPE and international monetary politics

Thomas Oatley: Open economy politics and trade policy

Carla Norrlof: The international political economy of money, macro-money theories and methods


Correction to: Benjamin Cohen. The IPE of money revisited

The Economic and Labour Relations Review, 28 (3)


Marcin Piekałkiewicz: Why do economists study happiness?

Vladimír Hlásny: Job applicant screening in China and its four pillars

Symposium: Work in the Gig Economy: Issues and Challenges

Frances Flanagan: Symposium on work in the ‘gig’ economy: Introduction

Jim Stanford: The resurgence of gig work: Historical and theoretical perspectives

Wayne Lewchuk: Precarious jobs: Where are they, and how do they affect well-being?

Andrew Stewart, Jim Stanford: Regulating work in the gig economy: What are the options?

Kate Minter: Negotiating labour standards in the gig economy: Airtasker and Unions New South Wales


Kazimierz Łaski, 15 December 1921 to 20 October 2015

Books and Book Series

Austerity vs Stimulus: The Political Future of Economic Recovery

Edited by Robert Skidelsky & Nicolò Fraccarol | 2017, Palgrave

This timely book debates the economic and political logic of the austerity policies that have been implemented in the UK and in the Eurozone since 2010 and asks whether there is any alternative for these countries in the years ahead. The work reconsiders the austerity versus stimulus debate through the voices of those who proposed the successful idea of expansionary austerity and those who opposed it. The editors have brought together a collection of articles written by some of the most notable figures in the discipline, including the likes of Alberto Alesina, Ken Rogoff, Tim Besley, David Graeber, Vince Cable, and Paul Krugman. The book also features the debate between Niall Ferguson and Robert Skidelsky. These leading thinkers unveil a world where economists are far from agreeing on economic policy, and where politics often dominates the discussion. The question of whether the British government should have opted for austerity runs through the book, as well as how sustained economic recovery should be encouraged in the future. Scholars, students and members of the general public with an interest in the financial crisis and its lingering aftermath will find this work invaluable.

See more here

Employment Relations in Financial Services: An Exploration of the Employee Experience After the Financial Crash

By Gregor Gall | 2017, Palgrave Macmillan

This book describes and analyses the impact of the 2007-2008 financial crisis upon the working conditions of employees in the financial services sector in Britain. It tells the story of workers being made to pay the price for a crisis that was not of their own making, but nevertheless caused a deleterious impact on their employment security, remuneration and working conditions. Evidence of fighting back against this has been sparse so that the response of employees is best characterised as ‘fright’ (grudgingly working harder and longer), ‘flight’ (leaving the sector through redundancy), and ‘falling in line’ (accepting the diktat of performance managements systems). Through this book we learn the reasons behind this acquiescence, with its detailed attention to topics such as the stunted development of labour unionism, the prevalence of union-management partnerships, and the occurrence of employment insecurity and labour shedding. Providing a valuable insight into the effects of the financial crash, Employment Relations in Financial Services will be useful to academics, students and also trade unionists.

Link to the book is available here.

Feminism, Capitalism, and Critique: Essays in Honor of Nancy Fraser

Edited by Banu Bargu & Chiara Bottic | 2017, Palgrave

This edited collection examines the relationship between three central terms―capitalism, feminism, and critique―while critically celebrating the work and life of a thinker who has done the most to address this nexus: Nancy Fraser. In honor of her seventieth birthday, and in the spirit of her work in the tradition of critical theory, this collection brings together scholars from different disciplines and theoretical approaches to address this conjunction and evaluate Fraser’s lifelong contributions to theorizing it. Scholars from philosophy, political science, sociology, gender studies, race theory and economics come together to think through the vicissitudes of capitalism and feminism while also responding to different elements of Nancy Fraser’s work, which weaves together a strong feminist standpoint with a vibrant and complex critique of capitalism. Going beyond conventional disciplinary distinctions and narrow debates, all the contributors to this project share a commitment to critically understanding the connection between capitalism, exploitation, and the viable roads for emancipation. They recover insights provided by classical traditions of political and social thought, but they also open new research directions adapted to the global challenges of our time.

See more here

Keynes and The General Theory Revisited

By Axel Kicillof. Translated by Elena Odriozola | 2017, Routledge

Every time the economy goes through a period of crisis, Keynes’ name is called upon by economists and politicians from diverse backgrounds. However, 70 years after the publication of The General Theory of Employment, Interest and Money, specialists are still fa —maybe everyday further— from reaching agreement about the genuine contents of Keynes’ most important work. This controversy has been marked by a paradoxical turn: it is above all the literature about Keynes which, in the last decades, has imposed the terms of the debate, while The General Theory lacks readers. Accused by both its detractors and admirers of being a confusing book that is inconsistent and even plagued with logical errors, the most important contribution of the most influential economist of the 20th century has been condemned to be forgotten or, at best, to live uncomfortably in the voices of those who have spoken on his behalf.

This book is the result of rigorous critical research which reconstructs the spectrum of discussion surrounding Keynes’ main work. The book begins by describing the historical background and the state of the pre-Keynesian economic theory, subsequently immersing the reader in a concise but detailed—as well as innovative— interpretation of the original text. The revision of some of the main interpretative currents prepares the field for the book’s ultimate contribution: the identification of the fundamentals that sustain the analytical structure of The General Theory. At the same time, this exploration of the theoretical fundamentals of The General Theorymakes this book an original intervention on the genesis and relevance of the divide between micro and macroeconomics—a division that has been fully accepted by contemporary macro theorists.

Link to the book is available here.

Postgrowth and Wellbeing: Challenges to Sustainable Welfare

By Milena Büchs and Max Koch | 2017, Palgrave Macmillan

This book presents a detailed and critical discussion about how human wellbeing can be maintained and improved in a postgrowth era. It highlights the close links between economic growth, market capitalism, and the welfare state demonstrating that, in many ways, wellbeing outcomes currently depend on the growth paradigm. Here the authors argue that notions of basic human needs deserve greater emphasis in debates on postgrowth because they are more compatible with limits to growth. Drawing on theories of social practices, the book explores structural barriers to transitions to a postgrowth society, and ends with suggestions for policies and institutions that could support wellbeing in the context of postgrowth. This thought-provoking work makes a valuable contribution to debates surrounding climate change, sustainability, welfare states and inequality and will appeal to students and scholars of social policy, sociology, political science, economics, political ecology and human geography.

Link to the book is available here.

Routledge Handbook of Global Economic History

Edited by Francesco Boldizzoni and Pat Hudson | 2016, Routledge

The Routledge Handbook of Global Economic History documents and interprets the development of economic history as a global discipline from the later nineteenth century to the present day. Exploring the normative and relativistic nature of different schools and traditions of thought, this handbook not only examines current paradigmatic western approaches, but also those conceived in less open societies and in varied economic, political and cultural contexts. In doing so, this book clears the way for greater critical understanding and a more genuinely global approach to economic history.

This handbook brings together leading international contributors in order to systematically address cultural and intellectual traditions around the globe. Many of these are exposed for consideration for the first time in English. The chapters explore dominant ideas and historiographical trends, and open them up to critical transnational perspectives.

This volume is essential reading for both academics and students in economic and social history. As this field of study is very much a bridge between the social sciences and humanities, the issues examined in the book will also have relevance for those seeking to understand the evolution of other academic disciplines under the pressures of varied economic, political and cultural circumstances, on both national and global scales.

Link to the book is available here.

The Class Struggle in Latin America: Making History Today

By James Petras and Henry Veltmeyer | 2017, Routledge

The Class Struggle in Latin America: Making History Today analyses the political and economic dynamics of development in Latin America through the lens of class struggle. Focusing in particular on Peru, Paraguay, Chile, Colombia, Argentina, Brazil and Venezuela, the book identifies how the shifts and changing dynamics of the class struggle have impacted on the rise, demise and resurgence of neo-liberal regimes in Latin America.

This innovative book offers a unique perspective on the evolving dynamics of class struggle, engaging both the destructive forces of capitalist development and those seeking to consolidate the system and preserve the status quo, alongside the efforts of popular resistance concerned with the destructive ravages of capitalism on humankind, society and the global environment.

Using theoretical observations based on empirical and historical case studies, this book argues that the class struggle remains intrinsically linked to the march of capitalist development. At a time when post-neo-liberal regimes in Latin America are faltering, this supplementary text provides a guide to the economic and political dynamics of capitalist development in the region, which will be invaluable to students and researchers of international development, anthropology and sociology, as well as those with an interest in Latin American politics and development.

Link to the book is available here.

The Internal Impact and External Influence of the Greek Financial Crisis

Edited by John Marangos | 2017, Springer

This contributed volume explores the political economy and socioeconomic aspects of the Greek Financial Crisis both within the country's borders and as part of the global economy. With chapters authored by international experts, this book examines and explicitly deals with specific and important issues that have been ignored by the dominant socioeconomic theory and practice, which have largely focused on the causes and broad economic consequences of the crisis. Discussions include the efficacy of new EU institutions created to address the crisis, the rise of unregistered economic activity, and comparisons with financial crises in countries beyond Europe. This diverse collection argues that the Greek Financial Crisis was not just an economic crisis, but a political and social crisis as well, one with repercussions beyond Europe.

Link to the book is available here.

The Path to a Modern Economics: Dealing with the Complexity of Economic Systems

By Henning Schwardt | 2017, Palgrave Macmillan

This book illustrates how the treatment of complexity in analytical frameworks shapes economic studies. It explores the ways economists make sense of our economic environment and where their differences in interpretations of economic issues and policy proposals are rooted. Taking a theoretical approach and addressing different analytical frameworks, a basic distinction is introduced between top-down approaches, where assumptions about the economic environment are formulated at the outset; and bottom-up approaches, where an economic environment emerges from the interactions of the individual agents. Economic developments and changes in the role of the public sector serve to illustrate how analytical frameworks based on differing treatments of the complexity of the economic environment shape the interpretation of economic issues. Recognizing the validity of alternate perspectives on economic issues, a stronger foundation for economic research and policy can be formulated.

Link to the book is available here.

The Toxic University: Zombie Leadership, Academic Rock Stars, and Neoliberal Ideology

By John Smyth | 2017, Palgrave Macmillan

This book considers the detrimental changes that have occurred to the institution of the university, as a result of the withdrawal of state funding and the imposition of neoliberal market reforms on higher education. It argues that universities have lost their way, and are currently drowning in an impenetrable mush of economic babble, spurious spin-offs of zombie economics, management-speak and militaristic-corporate jargon. John Smyth provides a trenchant and excoriating analysis of how universities have enveloped themselves in synthetic and meaningless marketing hype, and explains what this has done to academic work and the culture of universities – specifically, how it has degraded higher education and exacerbated social inequalities among both staff and students. Finally, the book explores how we might commence a reclamation. It should be essential reading for students and researchers in the fields of education and sociology, and anyone interested in the current state of university management.

This new book that was reviewed last week in the Times Higher Education as their "book of the week".

Link to the book is available here.

Understanding Global Poverty: Causes, Capabilities and Human Development

By Serena Cosgrove, Benjamin Curtis | 2017, Routledge

Understanding Global Poverty introduces students to the study and analysis of poverty, helping them to understand why it is pervasive across human societies, and how it can be reduced through proven policy solutions. Using the capabilities and human development approach, the book foregrounds the human aspects of poverty, keeping the voices, experiences and needs of the world’s poor in the centre of the analysis.

Drawing on decades of teaching, research and fieldwork, this interdisciplinary volume is unique in its rigorous application of the multiple disciplines of anthropology, sociology, political science, public health and economics to the phenomenon of global poverty. Starting with definitions and measurement, the book goes on to explore causes of poverty and policy responses, aiming to give a realistic account of what poverty reduction programmes actually look like. Finally, the book draws together the ethics of why we should work to reduce poverty and what actions readers themselves can take to reduce poverty.

This book is an accessible and engaging introduction to the key issues surrounding poverty, with key questions, case studies, discussion questions and further reading suggestions to support learning. Perfect as an introductory textbook for postgraduates and upper level undergraduates, Understanding Global Poverty will also be a valuable resource to policy makers and development practitioners looking for a comprehensive guide to the theoretical frameworks of poverty through the lens of human development.

Link to the book is available here.

Unmaking the Global Sweatshop: Health and Safety of the World's Garment Workers

Edited by Rebecca Prentice and Geert De Neve | 2017, Combined Academic Publishing

The 2013 collapse of Rana Plaza, an eight-story garment factory in Savar, Bangladesh, killed over a thousand workers and injured hundreds more. This disaster exposed the brutal labor conditions of the global garment industry and revealed its failures as a competitive and self-regulating industry. Over the past thirty years, corporations have widely adopted labor codes on health and safety, yet too often in their working lives, garment workers across the globe encounter death, work-related injuries, and unhealthy factory environments. Disasters such as Rana Plaza notwithstanding, garment workers routinely work under conditions that not only escape public notice but also undermine workers' long-term physical health, mental well-being, and the very sustainability of their employment.

Unmaking the Global Sweatshop gathers the work of leading anthropologists and ethnographers studying the global garment industry to examine the relationship between the politics of labor and initiatives to protect workers' health and safety. Contributors analyze both the labor processes required of garment workers as well as the global dynamics of outsourcing and subcontracting that produce such demands on workers' health. The accounts contained in Unmaking the Global Sweatshop trace the histories of labor standards for garment workers in the global South; explore recent partnerships between corporate, state, and civil society actors in pursuit of accountable corporate governance; analyze a breadth of initiatives that seek to improve workers' health standards, from ethical trade projects to human rights movements; and focus on the ways in which risk, health, and safety might be differently conceptualized and regulated. Unmaking the Global Sweatshop argues for an expansive understanding of garment workers' lived experiences that recognizes the politics of labor, human rights, the privatization and individualization of health-related responsibilities as well as the complexity of health and well-being.

Contributors: Mark Anner, Hasan Ashraf, Jennifer Bair, Jeremy Blasi, Geert De Neve, Saydia Gulrukh, Ingrid Hagen-Keith, Sandya Hewamanne, Caitrin Lynch, Alessandra Mezzadri, Patrick Neveling, Florence Palpacuer, Rebecca Prentice, Kanchana N. Ruwanpura, Nazneen Shifa, Dina M. Siddiqi, Mahmudul H. Sumon.

Link to the book is available here.


Binzagr Institute Newsletter

Link to the July-August issue is available here.

For Your Information

Call for Applications for the Editor of Journal of Economic Issues (JEI)

The Association for Evolutionary Economics (AFEE) is in the process of selecting an editor for the JEI to replace Chris Brown.

Qualifications include:

Timetable for Search

Application Materials

  1. A letter of application indicating the candidate’s interest and qualifications. Include a brief statement of managerial and editorial strategy and vision for the future of the JEI.

  2. A detailed vita.

  3. Three to five letters of support from scholars familiar with the candidate’s research, administrative ability, and professional background in general.

  4. A preliminary statement from an appropriate administrator of the candidate’s employer indicating the level of financial support and release time.

Applications should be submitted to Eric Hake, AFEE Secretary/Treasurer, at erhake@catawba.edu.

Please contact AFEE President Geoff Schneider with inquiries and suggestions at Geoff.Schneider@Bucknell.edu.

Call for Nominations for Editor of Journal of the History of Economic Thought (JHET)

The current Editor of the Journal of the History of Economic Thought, Stephen Meardon, will be stepping down next year. The new Editor is expected to take office on July 1st 2018, with responsibility for issues from March 2019 onward.

The History of Economics Society has established a search committee to recommend a new Editor (or Editorial Team) to the Executive Committee when they meet in early January 2018. The Committee is comprised of Margaret Schabas (chair), Robert Leonard, and Guy Numa.

The Search Committee invites inquiries and expressions of interest from individuals or teams, and is open to various different arrangements, including a single Editor, an Editor with Assistant Editors, or two or more joint Editors. The term of the Editor is five years, with the expectation of renewal for another five-year term on the mutual agreement of the Editor(s) and the Executive Committee. The Editor is a non-voting member of the Executive Committee of the Society and is expected to attend both the January and June meetings and present a report. There is a stipend from HES to cover the travel costs, within reason.

At this time, the Search Committee encourages, by October 16, 2017, informal nominations or expressions of interest.

We will follow up with a shortlist and encourage formal submissions by November 30, 2017. These would include a full CV, a statement to motivate editorial strengths and vision to be brought to the office, and a clear expression of institutional support, such as funds for an editorial assistant, travel to other conferences, or course releases. Because the journal operates entirely on-line, these resources are optional but advisable. It is possible as well that some of these resources could be funded by the History of Economics Society to insure the successful operation of the journal.

Communications should be sent to margaret.schabas@ubc.ca

The publisher of JHET is Cambridge University Press; it covers the salary of a copyeditor, currently based in Winnipeg (Canada). JHET is the official journal of HES and membership includes an individual subscription. Its content should therefore reflect the academic research of the members, and seek a broad coverage of topics that canvass the entire historical and methodological record. There are about 80 submissions per year and a queue of accepted articles of about 1.3 years. The journal has an excellent reputation and has secured an increased page-length of about 580 pages per volume, including book reviews, notices and advertisements. JHET articles are now published electronically in “First View” prior to print publication. The electronic version that is published a few months earlier is the version of record and is identical to the print version except for pagination.

Work, Employment and Society Editorial Board: Call for Applications

Closing Date: Wednesday 20 September 2017, 17:00 (GMT)

Work, Employment and Society is seeking 10 new members to join its Editorial Board and serve for three years from January 2018 to end of December 2020.

The Board welcomes applications involving any areas of methodological, theoretical and empirical expertise, though all applicants should be able to demonstrate an interest in and understanding of sociology. Candidates with expertise in the following areas are particularly needed:

WES seeks academics based in the UK for the editorial board and welcomes members from diverse backgrounds – both cultural and academic – to contribute to the diversity of research published by the journal.

The full call and online application form are available at: https://pre.ukevote.uk/britsocwes

If you have queries about the application process, please contact UK Engage, who are running the election process at: britsoc@uk-engage.org

After reading the full Call for Applications, if you have queries about the role or about your eligibility, please contact the Chair of the Editorial Board, Professor Jackie O’Reilly (J.O'Reilly@brighton.ac.uk)