Heterodox Economics Newsletter

Issue 233 July 23, 2018 web pdf Heterodox Economics Directory

Once a year, typically around this time, an issue of the Heterodox Economics Newsletter is compiled under unusual circumstances and, effectively, sent out from a campsite somewhere in Southern Europe. And I repeadetly find that compiling Newsletters during vacation provides the material for an interesting economic case-study.

First, following Thorstein Veblen's classic piece on the subject, working during vacation constantly brings up the tension between the "instinct of workmanship" and the corresponding "irksomeness of labor" and thereby reminds me steadily of the dubious "double nature" of work: it is something that we often want to do and, still, doing it is occasionally burdensome.

Second, as my "instinct of workmanship" is strong (or so I believe), my family constantly, but patiently, has to remind me of the associated irksomeness, which points us to the fact that productive and reproductive actions are more closely tied together than typically assumed in conventional analysis.

Finally, being an academic coming from the Alps, compiling Newsletters in a tropical surrounding I found that even our profession has some requirements in terms of physical capacities ;-)

Having said all that, let me emphasize that all this case-study is, of course, based on introspection. Although such a methodology once had a significant standing in the mainstream part's of our discipline - one man even once claimed that only the "ignorant and perverse" would challenge its basic assumptions (see here, p. 1) - I would strongly advice, to take any conclusions drawn from this editorial with a grain of salt.

All the best,


© public domain

Table of contents

Call for Papers

3rd Network for the History of Contemporaneous Economics (nHice) Workshop on "Microfoundations for Macroeconomics": retrospect and prospect" (Sophia Antipolis, Aug. 2018)

15-17 November 2018 | GREDEG - Sophia Antipolis, France

It is well known that, though with a longer history, since Lucas’s seminal 1972 contribution and his subsequent work, the term microfoundations has assumed a specific meaning which wipes out any distinction between micro and macroeconomic analyses. Even though microfoundations of DSGE (Dynamic Stochastic General Equilibrium) models can vary, they are limited by a methodological reductionism that makes macroeconomic models blind to many pertinent issues. Available alternatives are simply overlooked. This is particularly surprising since a large body of the microeconomic literature addresses difficulties related to the aggregation of individuals’ decisions and the nature of rationality, developing behavioral approaches that could have been fed into the reflections of macroeconomists.

In the current post-crisis context, as the dominant DSGE approach is facing strong criticism about its incapacity to understand what happened (Colander et al. 2008), it is time to revisit various episodes and periods of intensive economic debate(s) on the aggregation problem, and more generally, to examine how our understanding of micro- and macroeconomic relationships or interactions affects our treatment of economic issues.

This workshop proposes to engage in a reflection on the history and prospective evolution of microeconomic foundations for macroeconomic models. We believe that interaction between historians of economic thought and economists who contribute directly to the field will be fruitful. In addition to David Colander who will deliver a lecture on “Microfoundations, Complexity and the Evolution of Macroeconomic Thought”, we are inviting Alan Kirman and Domenico Delli Gatti to participate.

We welcome papers in the History of Economic Thought covering various debates - theoretical, methodological, empirical, or specific episodes that provide insights into the various ways economists proposed to deal with this specific issue. Submissions can cover a range of literatures from the earliest macroeconomic contributions to the most recent Complexity approaches.

Scientific committee

Richard Arena (Université Côte d’Azur, CNRS, GREDEG), Muriel Dal Pont Legrand (Université Côte d’Azur, CNRS, GREDEG), Pedro Garcia Duarte (Universidad de Sao Paulo), Sandye Gloria (Université Côte d’Azur, CNRS, GREDEG), Jean-Sébastien Lenfant (Université Lille 1, CNRS, CLERSE), Hans Michael Trautwein (Universität Oldenburg).

Please send your abstract in pdf to this address: muriel.dalpont@gredeg.cnrs.fr

The original Call for Paper can be found here.

Submission Deadline: 1 August, 2018.

International Workshop on "Economics and the environment since the 1950s – History, methodology and philosophy" (Reims, Mar. 2019)

March, 2019 | Reims, France

Environmental concerns emerged in economics during the 1950s. Some economists had focused on these issues before, but it is not until then that the environment really became an autonomous subject of economic study. During this period of strong demographic and economic growth in industrialized countries, this progressive recognition of environmental issues by economists was caused by natural resources depletion, ecosystems degradation, and pollution or harmful effects such as the first smog in London and Los Angeles or the chemical contamination of the Minamata Bay.

This workshop is devoted to the contemporary history of environmental issues in economics, and thus to this transition from a marginal specialization of a few pioneers to a recognized academic field. This ew field has however been split into separate theoretical approaches: the development of environmental economics, which partly came from the new welfare economics and separated itself from the economics of natural resources; and the development of ecological economics which has been inspired by ecology and has tried to build up new analytical tools. This history has raised issues in theory (analytical concepts and framework), philosophy (the status given to nature, the weight given to future generations) and policy (the way new environmental policies finally

Contributions to the workshop could e.g. focus on the following issues

Proposals, in French or English, that focus on these issues from a historical perspective, from the 1950s onwards, will be welcome.

The workshop is organized by the French journal Cahiers d’économie politique / Papers in Political Economy and the University of Reims Champagne-Ardenne and will take place in March 2019.

Some of the contributions could be published, in French or English, in a special issue of the journal in 2020.
Proposals need to be sent to wscep2019@gmail.com, with your name, your institution, an abstract (maximum 700 words) and three keywords.

Further Questions may be directed to Nathalie Berta, Franck-Dominique Vivien

Please find the original Call for Papers here.

Deadline for submission: 12 October, 2018.

Special Issue of the Journal of Labor and Society on "Feminism and Labor Struggles"

The editors of Journal of Labor and Society (LANDS) invite submissions for a Special issue on Feminism and Labor Struggles.

The oppression of women is a burning issue everywhere today. Campaigns aimed at challenging endemic violence and structural discrimination against women in society are gaining popularity in the world’s most affluent countries as well as in the world’s poorest countries. At the same time, women are often at the forefront of movements which challenge not only gender-based oppression, but also forms of oppression based on class and nation. In this special issue, we aim to clarify the distinct problems facing women in male-dominated society and the divergent effects of patriarchy on women belonging to distinct classes and nations within the imperialist world economy. We seek to highlight the ways in which these strands of oppression intersect and produce distinctive gender relations. In particular, we value contributions that explore how access to leisure time (that is, time spent in a capitalist society not engaged in wage-labour or domestic labour), patterns of consumption, sexual norms, family relations, employment opportunities, and other issues facing women are shaped by modes of capital accumulation at the global level.

The articulation of feminist, pseudo-feminist and anti-feminist ideologies is very much bound up with struggles either to maintain or to eradicate forms of social privilege and advantage and, therefore, with the interests of those classes and nations engaged in the same. This special issue of Journal of Labor and Society aims to promote new ways of looking at gender oppression that advance the cause of global equality and social justice from a feminist anti-imperialist and labor internationalist perspective.

To that end, LANDS invites research and essays examining:

The Journal of Labor and Society is committed to publishing rigorous scientific research into the social, political, economic, and cultural conditions faced by workers worldwide in the context of the imperialist global economy.

Submission to Journal of Labor and Society now takes place exclusively online through ScholarOne Manuscripts. Authors can click through the "Submit a Manuscript" link in the menu on left side of this page, or enter http://mc.manuscriptcentral.com/lands into their address bar. See the Author Guidelines for detailed instructions on how to submit a manuscript.

All submissions are peer reviewed. If you would like to submit a manuscript for publication in Journal of Labor and Society, we invite you to do so through the ScholarOne online manuscript submission portal. If you have any questions, please email Immanuel Ness, co-editor or Zak Cope, co-editor.

Please find the website of the journal here.

Notes for Contributors may be viewed here.

Deadline for Abstracts: 1 December, 2018

Symposium “Marx 2018. Legacy, Critics and Modernity” (Braga, Dec. 2018)

6-7 December, 2018 | Braga, Portugal

Hated, worshipped, insulted, applauded, Marx produced one of the most inspiring critical theories. As a philosopher, economist, sociologist, political scientist, historian, political activist, Marx remains, 200 years after his birth, an inevitable reference to understand capitalism and to scrutinize human societies’ future paths.

Global capitalism’s present-day is part of a social and environmental crisis that threatens humankind and our planet. In this context Marx’s ideas meet a reinvigorated interest, even among non-Marxists. A non-dogmatic Marx reader will acknowledge capitalism is a bearer of progress as well as regression. Furthermore, if we decline mechanistic and deterministic notions, then capitalism may not disappear by itself. We need consequently to explore various alternatives and the possibilities of collective action within the framework of numerous social movements.

The Symposium will bring together scholars discussing Marx’s legacy and applicability for the present. It welcomes proposals from different disciplines, approaches, methodologies and countries.

The Thematic Areas include

  1. Marx’s dialectical and historical materialism: unity, contradiction, change and progress;
  2. Work and technology: industrial revolution, digital revolution and changes driven by "industry 4.0";
  3. Capital and social struggles: economy, politics, society and the State;
  4. Capitalism, globalisation and imperialism: unequal development, inequalities and social exclusion;
  5. Nature and society: the social and environmental crisis of capitalism;
  6. Socialism, models and real-world experiences: successes, failures, and lessons for the future;
  7. Alienation, ideology and utopia: thinking ways out of capitalism;
  8. Philosophy, social and political sciences in the Marxist tradition: knowledge production, (neo) Marxist authors, praxis and activism;
  9. Citizenship, education and culture(s): Marxist and neo-Marxist perspectives;
  10. New research objects from the Marxist legacy.

We invite authors to submit their abstracts using the linked file and send it by email to marx2018@ics.uminho.pt. Please fill-in Title, Thematic Area, Name, institutional affiliation and email address of the author (if there is more than one author, please give the Names, institutional affiliations and email addresses in order), Abstract (maximum 300 words) as well as 5 Keywords.

Proposals in Portuguese, Spanish and English are welcome.

Please find further information here.

Submission Deadline: 31 July, 2018

Call for Participants

Call for book proposals: Mapping Social Reproduction Theory

Pluto Press are launching a new book series called 'Mapping Social Reproduction Theory'.

The series editors are Tithi Bhattacharya and Sue Ferguson.


Capitalism is a system of exploitation and oppression. This series uses the insights of Social Reproduction Theory to deepen our understanding of the intimacy of that relationship, and the contradictions within it, past and present. The books include empirical investigations of the ways in which social oppressions of race, sexuality, ability, gender and more inhabit, shape and are shaped by the processes of creating labour power for capital. As well, the books in this series engage a critical exploration of Social Reproduction, enjoining debates about the theoretical and political tools required to challenge capitalism today.

You can read more on this website.

Series editors: Tithi Bhattacharya, Professor of South Asian History and the Director of Global Studies at Purdue University; and Sue Ferguson, Associate Professor, Faculty of Liberal Arts, Wilfrid Laurier University.

To submit a proposal or for more information please contact David Shulman. Pluto's proposal guidelines can be downloaded here.

Third annual conference of the Association for socioeconomic education and research (ASEER) (Duisburg-Essen, Feb 2019)

21-22 February, 2019 | Duisburg-Essen

What is the relationship between pluralist economics and interdisciplinary socio-economics? How does pluralist academic teaching need to be structured in economics or business administration in order to be successful? What should interdisciplinary socioeconomic study programs look like, and how should teacher training in the field be designed? What kinds of new study materials, textbooks and teaching methods are required?

On 21 and 22 February 2019, the third annual conference of the Association for socioeconomic education and research (ASEER) will be tackling these and other questions at the newly founded Institute for Socio-Economics (ifso) at the University of Duisburg-Essen. The conference is kindly supported by the Institute for New Economic Thinking (INET).

This annual ASEER conference comes at a good time: The ifso is committed to analyzing economic issues from an interdisciplinary and pluralist perspective at the intersection of economics and other social sciences. The institute’s new master’s program will likely start in the fall term 2019/20. The ASEER conference therefore is a suitable occasion for meeting in Duisburg to discuss new ways of teaching socio-economics and economic pluralism.

​There will be an organized program (in English) on 21 February as well as an open conference (in German and English) on 22 February (see the following page). On the first day, Ha-Joon Chang (University of Cambridge) will open the program with a keynote speech in the early afternoon. This will be followed by plenary sessions with Lucio Baccaro (Director of the Max Planck Institute for the Study of Societies, Cologne), Lisa Herzog (Professor for Political Philosophy and Theory, Munich), Jakob Kapeller (Chair of the Institute for Comprehensive Analysis of the Economy, Linz) and other speakers will follow.

Throughout the two days, initiatives and organizations from different countries that work in the field of pluralist economics, socio-economics and associated disciplines will be invited to present their work and their approach to teaching in a supporting program. Through this, the conference aims to provide opportunities for net-working, developing new ideas and initiating new projects.

For young researchers and students, there will most likely be special grants. Further information on the conference will follow soon. Therefore: Save the date, and we hope to see you in Duisburg on the 21 and 22 February 2019!

Call for Papers

The committee is looking forward to recieving abstracts no longer than 250 words that should be sent to kontakt@soziooekonomie-bildung.eu. Abstracts should include the name(s) of the author(s), email address, institutional orientation of the author(s), working title, as well as topics, issues and questions tackled, and the goal, theoretical concept, methodological design and the expected results.

Please find the full Call for Papers (in German) here.

Submission Deadline: 7 September 2018

Young Economists Conference 2018 on "Welfare state under attack" (Vienna, Oct. 2018)

8-9 October, 2018 | Vienna, Austria

The financial crisis after 2009 caused a massive economic downturn. After initial expansive fiscal effects of the government support for banks, the fiscal stance soon turned to austerity and cutting back of public expenditures. Stagnation, which lasted a decade in the Eurozone, led to massive unemployment, especially in the periphery. Moreover, taxation continues to race to the bottom and financialization of the economy advanced further. The economic turmoil has precipitated the rise of right-wing populism, which in some European countries might be endangering the democratic system.

These and other factors put the welfare state under enormous pressure and the legitimate role of the welfare state today is in question. Who is dependent on a strong welfare state? What are the functions of the welfare state and do they have to be extended or cut back? Are we in need of a modernization of the welfare system? Who is benefiting from a weakened welfare state? Can the welfare state reduce threats to the democratic order? These and other related questions are highly relevant for the near future.

For this reason, the Chamber of Labour Vienna and the Society for Pluralism in Economics Vienna host a conference on October 8th and 9th 2018, for which researchers at the beginning of their career (Master, pre- or post-doc) are invited to attend. This year’s invited keynote speakers are:

Further infromation as well as the registration form can be found here.

For any further questions please contact Daniela Paraskevaidis.

Job Postings

Tufts University, USA

Job-title: Economist developing teaching materials

Job description

Global Development And Environment Institute seeks to hire several economists interested in developing teaching materials. The positions will initially be focused on research – updating some of our existing teaching modules and on writing new ones. Future work will include the possibility of contributing to new editions of our textbooks, as well as the possible development of materials for upper level courses.

The start date (sometime in Fall 2018) and hours (full or part-time) are flexible. Pay is competitive. Working from a distance is possible, but preference will be given to applicants who can be physically present at Tufts fairly often. Teaching experience is desirable.

Please find the original job positn here.

Applications are considered on a rolling basis.

University of Siena, IT

Job-title: Lecturer in Macroeconomics

The University of Siena is currently looking for a Lecturer in Macroeconomics at the Department of political economy and statistics. The contract lasts three years, after which the position automatically becames of Associated Professor if the candidate owns (or obtains) the Italian national abilitation as associated professor (or an analogous foreign abilitation). Applications from PK economists are welcome. More information can be found here (in Italian).

Applications should be send to rettore@pec.unisipec.it or concorsi@unisi.it

Application deadline: 16 August, 2018

Utrecht University, Netherlands

Job-title: Postdoc position on The Origins of Break-through Inventions

Job description

This postdoc position is part of the NWO-VICI project “The Genealogy of Novelty: An evolutionary explanation of breakthrough inventions in science, technology, and the arts” and aims to analyze the personal, institutional and geographical conditions supportive of breakthrough inventions. The project will investigate breakthroughs in science, technology and the arts. Currently, four PhD students are employed on the grant.

One of the key questions in the project is whether people with a variety of knowledge and experiences, are also the most creative and successful. A second question is what geographical and personal conditions favor breakthrough innovation and the institutional change processes prompted by it. These questions will be addressed using databases (on documents, inventors, artefacts), agent-based modelling and/or detailed case studies. The candidate is also encouraged to support the PhD students currently working on sub-projects and collaborate with them.


We seek highly motivated candidates with a PhD degree in Innovation Studies, Economics, Management, Geography, History, Sociology, Political Science, Science & Technologies studies or a related discipline. We are looking for candidates who:

The postdoc can spend the vast majority of their time on the research project, only 10% of their time will be spent on teaching and supervision of (under)graduate research projects.

Conditions of employment

The successful candidate will be offered a temporary position (1.0 FTE) for the duration of two years. The preferred starting date is between 1 September 2018 and 1 January 2019. The gross monthly salary - depending on previous qualifications and experience - ranges between € 2,588 and € 4,084 (scale 10 Collective Labour Agreement Dutch Universities) for a full-time employment. Salaries are supplemented with a holiday bonus of 8 % and a year-end bonus of 8.3 % per year. We offer a pension scheme, (partly paid) parental leave, collective insurance schemes and flexible employment conditions (multiple choice model). More information is available at: working at Utrecht University.

For more information please consult this website.

Please find the application form here.

Application Deadline: 26 July, 2018

Vacancy at Goldsmiths in International Political Economy, UK

Job-title: Lecturer/Senior Lecturer in International Politcal Economy

Job description

The Department of Politics and International Relations at Goldsmiths is seeking to appoint a Lecturer/Senior Lecturer in International Political Economy with a research profile in critical approaches to the discipline. The successful candidate will teach modules in International Political Economy and Political Economy at the undergraduate and postgraduate levels and will have a strong research profile in one or more of the following areas:

At Goldsmiths, we seek to expand and redefine disciplinary boundaries by pushing politics beyond its traditional parameters and comfort zones, thereby critically engaging with and challenging its conventional presuppositions. We approach political economy from a variety of critical and interdisciplinary perspectives drawing on theories and disciplinary insights from a wide range of social sciences, including politics, economics, sociology, anthropology and cultural studies.


Grade 8 Lecturer Level B or Grade 9 Senior Lecture - dependent on experience.

To see full job description and apply click here.

Application deadline: 10 August 2018


2018 Spengler Prize: Winner Announcement

The Joseph J. Spengler Prize is awarded by the History of Economics Society for the best book or to the two best books published in history of economic thought during the past three years. It recalls the memory of Joseph J. Spengler, his work in demography and history of economic thought, his contributions to the development of graduate studies at Duke University, his service to the United States as an executive in the Office of Price Administration during WWII, and his work as an adviser to the American Government and the United Nations, among many other accomplishments.

The Committee that selected this year’s winners of the prize received 22 books. I wish to thank committee members Cléo Chassonery-Zaigouche and Guy Numa for their work in selecting this year’s winners. I also want to thank the President of HES, Evelynn Forget, and the Secretary of HES, Marianne Johnson, for coordinating the committee’s efforts. Members of the committee exchanged many emails, spoke on the telephone, and met on Skype as we worked to make a choice from among many excellent books. We converged on two books.

The winners of the 2018 Joseph J. Spengler Prize are:

2018 URPE Dissertation Fellowship: Winner Announcement

The Steering Committee of the Union for Radical Political Economics (URPE) is pleased to announce that the 2018 URPE Dissertation Fellow is Samantha E. Sterba, Ph.D. candidate, Department of Economics, University of Massachusetts Amherst. Ms. Sterba is awarded this Fellowship and $5,000 (USD) in support of her dissertation “Neoliberal Capitalism and the Evolution of the U.S. Healthcare Sector.” Her dissertation is being supervised by Dr. David M. Kotz (Committee Chair, University of Massachusetts Amherst) and Dr. Peter Spiegler (University of Massachusetts Amherst).

Ms. Sterba’s dissertation uses social structure of accumulation (SSA) theory to analyze the ways in which neoliberal restructuring of US capitalism has affected the evolution of key parts of the US health care system, including the pharmaceutical industry, the health insurance industry, hospitals, and medical care provider institutions. The dissertation also undertakes case studies of three reform efforts: the passage of Medicare/Medicaid in 1965, the failed Clinton Health Security Act of 1993-94, and the passage of the Affordable Care Act (Obamacare) in 2010. Ms. Sterba’s dissertation systematically connects developments in U.S. health care to the evolution of the institutional structures of U.S. capitalism, and promises to contribute significantly to our understanding of the political economy of health care.

The URPE Steering Committee is pleased to award the 2018 URPE Dissertation Fellowship to Samantha E. Sterba. We also continue to be encouraged by the significant response the fellowship receives from doctoral students. We received many excellent dissertation proposals and regret that we lack the resources to support additional students. We are committed to our fundraising efforts in order to increase our support for doctoral students working in radical political economics. There is significant unmet need, and we ask that members and supporters of URPE assist us in meeting this need through donations, which can be directed specifically to support the dissertation fellowship initiative.


Accounting, Organizations and Society, 68-69

H. Scott Asay, Robert Libby, Kristina M. Rennekamp: Do features that associate managers with a message magnify investors’ reactions to narrative disclosures?

Marlys Gascho Lipe: Unpacking the disclosure package: Using experiments to investigate investor reactions to narrative disclosures

Stephen P. Baginski, Elizabeth Demers, Asad Kausar, Yingri Julia Yu: Linguistic tone and the small trader

Tim Loughran: Linguistic tone and the small trader: Measurement issues, regulatory implications, and directions for future research

G. Bradley Bennett, Richard C. Hatfield: Staff auditors' proclivity for computer-mediated communication with clients and its effect on skeptical behavior

Steven J. Kachelmeier: Testing auditor-client interactions without letting auditors and clients fully interact: Comments on Bennett and Hatfield (2018)

Nicole L. Cade: Corporate social media: How two-way disclosure channels influence investors

Elizabeth Blankespoor: Firm communication and investor response: A framework and discussion integrating social media

Jeffrey Hales, James R. Moon, Laura A. Swenson: A new era of voluntary disclosure? Empirical evidence on how employee postings on social media relate to future corporate disclosures

Siew Hong Teoh: The promise and challenges of new datasets for accounting research

Stephanie M. Grant, Frank D. Hodge, Roshan K. Sinha: How disclosure medium affects investor reactions to CEO bragging, modesty, and humblebragging

Robert Bloomfield: The LAAPs that foster productive conversations and the crebit that undermines them

Cambridge Journal of Economics, 42 (4)

Claes Belfrage and Markus Kallifatides: Financialisation and the New Swedish Model

Emer Marie Gallagher, Elaine Ramsey and Derek Bond: Northern Ireland’s property market crisis: insights from Minsky’s Financial Instability Hypothesis

Guilherme R Magacho and John S L McCombie: A sectoral explanation of per capita income convergence and divergence: estimating Verdoorn’s law for countries at different stages of development

Matthias Thiemann, Mohamed Aldegwy and Edin Ibrocevic: Understanding the shift from micro- to macro-prudential thinking: a discursive network analysis

Florence Jany-Catrice: Conflicts in the calculation and use of the price index: the case of France

Duncan Lindo: Why derivatives need models: the political economy of derivative valuation models

Pasquale Tridico: The determinants of income inequality in OECD countries

Persefoni Tsaliki, Christina Paraskevopoulou and Lefteris Tsoulfidis: Unequal exchange and absolute cost advantage: evidence from the trade between Greece and Germany

E S Levrero: Sraffa on taxable income and its implications for fiscal policy

Ben Trott: The ‘Fragment on Machines’ as science fiction; or, reading the Grundrisse politically

Clara Elisabetta Mattei: Treasury view and post-WWI British austerity: Basil Blackett, Otto Niemeyer and Ralph Hawtrey

Carlo Cristiano and Paolo Paesani: Unconventional monetary policy ante litteram: Richard Kahn and the monetary policy debate during the works of the Radcliffe Committee

Ecological Economics, 152

Michaela Roberts, Will Cresswell and Nick Hanley: Prioritising Invasive Species Control Actions: Evaluating Effectiveness, Costs, Willingness to Pay and Social Acceptance

Jedediah F. Brodie: Carbon Costs and Bushmeat Benefits of Hunting in Tropical Forests

Alexandre Gori Maia, Bruno César Brito Miyamoto and Junior Ruiz Garcia: Climate Change and Agriculture: Do Environmental Preservation and Ecosystem Services Matter?

Adrian Rinscheid and Rolf Wüstenhagen: Divesting, Fast and Slow: Affective and Cognitive Drivers of Fading Voter Support for a Nuclear Phase-Out

Satoshi Yamazaki, Budy P. Resosudarmo, Wardis Girsang and Eriko Hoshino: Productivity, Social Capital and Perceived Environmental Threats in Small-Island Fisheries: Insights from Indonesia

Caleb Gallemore, Amy Guisinger, Mikkel Kruuse, Denis Ruysschaert and Kristjan Jespersen: Escaping the “Teenage” Years: The Politics of Rigor and the Evolution of Private Environmental Standards

Lucentezza Napitupulu, Jetske Bouma and Victoria Reyes-García: The Things We Share: Sharing in Daily Life and Experimental Settings Among Punan Tubu, Indonesian Borneo

Mario Larch, Markus Löning and Joschka Wanner: Can degrowth overcome the leakage problem of unilateral climate policy?

M.M.G.T. De Silva and Akiyuki Kawasaki: Socioeconomic Vulnerability to Disaster Risk: A Case Study of Flood and Drought Impact in a Rural Sri Lankan Community

Junichi Ito, Hart N. Feuer, Shinichi Kitano and Midori Komiyama: A Policy Evaluation of the Direct Payment Scheme for Collective Stewardship of Common Property Resources in Japan

Iryna Printezis and Carola Grebitus: Marketing Channels for Local Food

Julia Berazneva, David R. Lee, Frank Place and George Jakubson: Allocation and Valuation of Smallholder Maize Residues in Western Kenya

Pamela Jagger, Samuel Sellers, Noah Kittner, Ipsita Das and Glenn K. Bush: Looking for Medium-term Conservation and Development Impacts of Community Management Agreements in Uganda's Rwenzori Mountains National Park

A. Boerema, S. Van Passel and P. Meire: Cost-Effectiveness Analysis of Ecosystem Management With Ecosystem Services: From Theory to Practice

Yannis Dafermos, Maria Nikolaidi and Giorgos Galanis: Climate Change, Financial Stability and Monetary Policy

Solmaria Halleck-Vega, Antoine Mandel and Katrin Millock: Accelerating diffusion of climate-friendly technologies: A network perspective

Nicholas A. Ashford and Ralph P. Hall: Achieving Global Climate and Environmental Goals by Governmental Regulatory Targeting

Oleg Sheremet, Enni Ruokamo, Artti Juutinen, Rauli Svento and Nick Hanley: Incentivising Participation and Spatial Coordination in Payment for Ecosystem Service Schemes: Forest Disease Control Programs in Finland

André Albuquerque Sant'Anna: Not So Natural: Unequal Effects of Public Policies on the Occurrence of Disasters

Denise Peth, Oliver Mußhoff, Katja Funke and Norbert Hirschauer: Nudging Farmers to Comply With Water Protection Rules – Experimental Evidence From Germany

David Grace and Marc Jeuland: Preferences for Attributes of Sacred Groves and Temples along an Urbanization Gradient in the National Capital Region of India

Cortney Cowley and B. Wade Brorsen: Anaerobic Digester Production and Cost Functions

Laurence Jones, Alice Milne, Jane Hall, Gina Mills, Allan Provins and Michael Christie: Valuing Improvements in Biodiversity Due to Controls on Atmospheric Nitrogen Pollution

Philip A. Loring and Megan S. Hinzman: “They're All Really Important, But…”: Unpacking How People Prioritize Values for the Marine Environment in Haida Gwaii, British Columbia

Helena Nery Alves-Pinto, Joseph E. Hawes, Peter Newton, Rafael Feltran-Barbieri and Carlos A. Peres : Economic Impacts of Payments for Environmental Services on Livelihoods of Agro-extractivist Communities in the Brazilian Amazon

T. Foster and N. Brozović: Simulating Crop-Water Production Functions Using Crop Growth Models to Support Water Policy Assessments

Pablo Piñero, Ignacio Cazcarro, Iñaki Arto, Ilmo Mäenpää, Artti Juutinen and Eva Pongrácz: Accounting for Raw Material Embodied in Imports by Multi-regional Input-Output Modelling and Life Cycle Assessment, Using Finland as a Study Case

Wyatt Thompson, Yaqiong Lu, Scott Gerlt, Xianyu Yang, J. Elliott Campbell, Lara M. Kueppers and Mark A. Snyder: Automatic Responses of Crop Stocks and Policies Buffer Climate Change Effects on Crop Markets and Price Volatility

Mingyue Zhao, Jian Peng, Yuanxin Liu, Tianyi Li and Yanglin Wang: Mapping Watershed-Level Ecosystem Service Bundles in the Pearl River Delta, China

Eeva Primmer, Heli Saarikoski and Arild Vatn: An Empirical Analysis of Institutional Demand for Valuation Knowledge

Volker Mauerhofer: Identifying Legal Priorities for Policy Making: A Forest-society-economy Context Analysed by 3-D Sustainability

Phoebe Spencer, Patricia E. Perkins and Jon D. Erickson: Re-establishing Justice as a Pillar of Ecological Economics Through Feminist Perspectives

Johannes Friedrich Carolus, Nick Hanley, Søren Bøye Olsen and Søren Marcus Pedersen: A Bottom-up Approach to Environmental Cost-Benefit Analysis

Mirko Armiento: The Sustainable Welfare Index: Towards a Threshold Effect for Italy

Payman Ahi, Cory Searcy and Mohamad Y. Jaber: A Quantitative Approach for Assessing Sustainability Performance of Corporations

Ecology and Society, 23 (2)

Special feature on A Brave New World: Integrating Human Well-being in Conservation edited by Kelly Biedenweg and Nicole Gross-Camp

Nicole Gross-Camp: Tanzania’s community forests: their impact on human well-being and persistence in spite of the lack of benefits

Amy E. Duchelle, Claudio de Sassi, Pamela Jagger, Marina Cromberg, Anne M. Larson, William D. Sunderlin, Stibniati S. Atmadja, Ida Aju Pradnja Resosudarmo, and Christy Desta Pratama: Balancing carrots and sticks in REDD+: implications for social safeguards

Kelly Biedenweg, Haley Harguth, and Kari Stiles: The science and politics of human well-being: a case study in cocreating indicators for Puget Sound restoration

Neil M. Dawson, Kenneth Grogan, Adrian Martin, Ole Mertz, Maya Pasgaard, and Laura Vang Rasmussen: Environmental justice research shows the importance of social feedbacks in ecosystem service trade-offs

Alaka Wali, Diana Alvira, Paula S Tallman, Ashwin Ravikumar, and Miguel O Macedo: A new approach to conservation: using community empowerment for sustainable well-being

Felisa C. Anaya and Mário M. Espírito-Santo: Protected areas and territorial exclusion of traditional communities: analyzing the social impacts of environmental compensation strategies in Brazil

Emily Woodhouse and J. Terrence McCabe: Well-being and conservation: diversity and change in visions of a good life among the Maasai of northern Tanzania

Natalie A Cooper and Karen A Kainer: To log or not to log: local perceptions of timber management and its implications for well-being within a sustainable-use protected area

Emilie Beauchamp, Emily Woodhouse, Tom Clements, and Eleanor Jane Milner-Gulland: “Living a good life”: conceptualizations of well-being in a conservation context in Cambodia

Sophie Caillon, Georgina Cullman, Bas Verschuuren, and Eleanor J Sterling: Moving beyond the human–nature dichotomy through biocultural approaches: including ecological well-being in resilience indicators

Iokiñe Rodriguez: Linking well-being with cultural revitalization for greater cognitive justice in conservation: lessons from Venezuela in Canaima National Park

Joe McCarter, Eleanor J Sterling, Stacy D Jupiter, Georgina D Cullman, Simon Albert, Marlene Basi, Erin Betley, David Boseto, Evan S Bulehite, Ryan Harron, Piokera S Holland, Ned Horning, Alec Hughes, Nixon Jino, Cynthia Malone, Senoveva Mauli, Bernadette Pae, Remmy Papae, Ferish Rence, Oke Revo, Ezekiel Taqala, Miri Taqu, Hara Woltz, and Christopher E Filardi: Biocultural approaches to developing well-being indicators in Solomon Islands

Special feature on Sustainably Managing Freshwater Resources edited Suzie Greenhalgh and Oshadhi Samarasinghe

Richard G. Storey, Aslan Wright-Stow, Elsemieke Kin, Robert J. Davies-Colley, and Rebecca Stott: Volunteer stream monitoring: Do the data quality and monitoring experience support increased community involvement in freshwater decision making?

Garth Harmsworth, Shaun Awatere, and Mahuru Robb: Indigenous Māori values and perspectives to inform freshwater management in Aotearoa-New Zealand

Jim Sinner, Philip Brown, and Mark Newton: Community perceptions of collaborative processes for managing freshwater resources

Steve Hemming, Daryle Rigney, Samantha L Muller, Grant Rigney, and Isobelle Campbell: A new direction for water management? Indigenous nation building as a strategy for river health

Nicholas A. Cradock-Henry, Suzie Greenhalgh, Philip Brown, and Jim Sinner: Factors influencing successful collaboration for freshwater management in Aotearoa, New Zealand

Geoff Kaine, Suzie Greenhalgh, Wendy Boyce, Ruth Lourey, Justine Young, Emma Reed, Blair Keenan, and Sarah Mackay: A microeconomic perspective on the role of efficiency and equity criteria in designing natural resource policy

Geoff Kaine, Justine Young, Ruth Lourey, and Suzie Greenhalgh: Policy choice framework: guiding policy makers in changing farmer behavior

Lynn Huntsinger, Tracy V. Hruska, Jose L. Oviedo, Matthew W. K. Shapero, Glenn A. Nader, Roger S. Ingram, and Steven R. Beissinger: Save water or save wildlife? Water use and conservation in the central Sierran foothill oak woodlands of California, USA

Kenneth F. D. Hughey, Chris Jacobson, and Erin F. Smith: A framework for comparing collaborative management of Australian and New Zealand water resources

Margaret L Ayre, Philip J Wallis, and Katherine A Daniell: Learning from collaborative research on sustainably managing fresh water: implications for ethical research–practice engagement

Jane Eleuter Kabogo, Elizabeth P Anderson, Pendo Hyera, and Godfred Kajanja: Facilitating public participation in water resources management: reflections from Tanzania

Marc Tadaki, Jim Sinner, and Kai M. A. Chan: Making sense of environmental values: a typology of concepts

Special feature on Adaptation in Fire-Prone Landscapes: Interactions of Policies, Management, Wildfire, and Social Networks in Oregon, USA edited Thomas Spies, Robert Scheller, and John Bolte

Susan Charnley, Thomas A. Spies, Ana M. G. Barros, Eric M. White, and Keith A. Olsen: Diversity in forest management to reduce wildfire losses: implications for resilience

Bruce Shindler, Thomas A. Spies, John P Bolte, and Jeffrey D. Kline: Integrating Ecological and Social Knowledge: Learning from CHANS Research

Thomas A. Spies, Eric White, Alan Ager, Jeffrey D. Kline, John P Bolte, Emily K Platt, Keith A. Olsen, Robert J Pabst, Ana M.G. Barros, John D Bailey, Susan Charnley, Anita T Morzillo, Jennifer Koch, Michelle M Steen-Adams, Peter H Singleton, James Sulzman, Cynthia Schwartz, and Blair Csuti: Using an agent-based model to examine forest management outcomes in a fire-prone landscape in Oregon, USA

A. Paige Fischer and Lorien Jasny: Capacity to adapt to environmental change: evidence from a network of organizations concerned with increasing wildfire risk

Ana M. G. Barros, Alan A. Ager, Michelle A. Day, Haiganoush K. Preisler, Thomas A. Spies, Eric White, Robert J Pabst, Keith A. Olsen, Emily Platt, John D. Bailey, and John P. Bolte: Spatiotemporal dynamics of simulated wildfire, forest management, and forest succession in central Oregon, USA

Christine S. Olsen, Jeffrey D. Kline, Alan A. Ager, Keith A. Olsen, and Karen C. Short: Examining the influence of biophysical conditions on wildland–urban interface homeowners’ wildfire risk mitigation activities in fire-prone landscapes

Derric B Jacobs and Lori A Cramer: Applying information network analysis to fire-prone landscapes: implications for community resilience

Jeffrey D Kline, Eric M White, A Paige Fischer, Michelle M Steen-Adams, Susan Charnley, Christine S Olsen, Thomas A Spies, and John D Bailey: Integrating social science into empirical models of coupled human and natural systems

Michelle M Steen-Adams, Susan Charnley, and Mark D Adams: Historical perspective on the influence of wildfire policy, law, and informal institutions on management and forest resilience in a multiownership, frequent-fire, coupled human and natural system in Oregon, USA

Alan A. Ager, Ana M. G. Barros, Haiganoush K. Preisler, Michelle A. Day, Thomas A. Spies, John D. Bailey, and John P. Bolte: Effects of accelerated wildfire on future fire regimes and implications for the United States federal fire policy

Special feature on Private Land Conservation – Landowner Motives, Policies, and Outcomes of Conservation Measures in Unprotected Landscapes edited by Michael Drescher and Jacob C. Brenner.

James R. Farmer, Jacob C. Brenner, Michael Drescher, Stephanie L Dickinson, and Eric G. Knackmuhs: Perpetual private land conservation: the case for outdoor recreation and functional leisure

Rebecca M Niemiec, Nicole M Ardoin, Candace B Wharton, and Gregory P Asner: Motivating residents to combat invasive species on private lands: social norms and community reciprocity

Hayley S Clements, Graeme S Cumming, and Graham I. H. Kerley: Predators on private land: broad-scale socioeconomic interactions influence large predator management

Tatyana B. Ruseva, James R. Farmer, and Charles Chancellor: Networking for conservation: social capital and perceptions of organizational success among land trust boards

Alexandra D. Syphard, Van Butsic, Avi Bar-Massada, Jon E. Keeley, Jeff A. Tracey, and Robert N. Fisher: Setting priorities for private land conservation in fire-prone landscapes: Are fire risk reduction and biodiversity conservation competing or compatible objectives?

Andrea Olive: It is just not fair: the Endangered Species Act in the United States and Ontario

Amy M Villamagna, Beatriz Mogollón, and Paul L Angermeier: Inequity in ecosystem service delivery: socioeconomic gaps in the public-private conservation network

Kathleen A Farley, Kyle C Walsh, and Arielle S Levine: Opportunities and obstacles for rangeland conservation in San Diego County, California, USA

Michael Drescher, G. Keith Warriner, James R. Farmer, and Brendon M. H. Larson: Private landowners and environmental conservation: a case study of social-psychological determinants of conservation program participation in Ontario

Matthew J. Selinske, Benjamin Cooke, Nooshin Torabi, Mathew J. Hardy, Andrew T. Knight, and Sarah A Bekessy: Locating financial incentives among diverse motivations for long-term private land conservation

Nicolas Salliou and Cecile Barnaud: Landscape and biodiversity as new resources for agro-ecology? Insights from farmers’ perspectives

Special Issue on Transforming Conflicts over Natural Resources in the South for Social-Ecological Resilience edited by Aklilu Amsalu, Maarten Bavinck, and Eleanor Fisher.

Anushiya Shrestha, Dik Roth, and Deepa Joshi: Flows of change: dynamic water rights and water access in peri-urban Kathmandu

Jon Hellin, Blake D. Ratner, Ruth Meinzen-Dick, and Santiago Lopez-Ridaura: Increasing social-ecological resilience within small-scale agriculture in conflict-affected Guatemala

Industrial and Corporate Change, 27 (4)

Neil M Kay, Sohvi Leih and David J Teece: The role of emergence in dynamic capabilities: a restatement of the framework and some possibilities for future research

Maarten Goos, Jozef Konings and Marieke Vandeweyer: Local high-tech job multipliers in Europe

Stefano Bianchini, Gabriele Pellegrino and Federico Tamagni: Innovation complementarities and firm growth

Flavio Calvino, Chiara Criscuolo and Carlo Menon: A cross-country analysis of start-up employment dynamics

Roman Fudickar, Hanna Hottenrott and Cornelia Lawson: What’s the price of academic consulting? Effects of public and private sector consulting on academic research

Felix Arndt Sebastian P L Fourné and Kieran MacInerney-May: The merits of playing it by the book: routine versus deliberate learning and the development of dynamic capabilities

Paolo E Giordani, Francesco Rullani and Lorenzo Zirulia: Endogenous growth of open collaborative innovation communities: a supply-side perspective

Nicola D Coniglio, Raffaele Lagravinese, Davide Vurchio and Massimo Armenise: The pattern of structural change: testing the product space framework

International Critical Thought, 8 (2)

Cheng Enfu and Wang Zhongbao: Enriching and Developing Marxism in the Twenty-First Century in Various Aspects: Six Definitions of Marxism

Eric Rahim: Marx—From Hegel and Feuerbach to Adam Smith: A New Synthesis

Antonio Euzébios Filho: To Be or Not to Be, That Is the Question?—Fragments of Marxist Theory on the Movements of Class Consciousness

Zhaochang Peng: Bringing Both Class and the State Back In: Toward a Marxist Freedom Approach to Political Economy

Carlos Astarita: Karl Marx and the Transition from Feudalism to Capitalism

Nicola D'Elia: Disillusioned with the Labour Movement: Late Marx and the Prospects of Revolution in Western Europe

Daniel Gaido and Cintia Frencia: “A Clean Break”: Clara Zetkin, the Socialist Women’s Movement, and Feminism

Journal of Institutional Economics, 14 (4)

Christopher Brown: Economy as instituted process: the case of hard rock mining in the United States

Anders Fremstad: Is there a future for sharing? A comparison of traditional and new institutions

Christian Bjørnskov: The Hayek–Friedman hypothesis on the press: is there an association between economic freedom and press freedom?

Sinclair Davidson, Primavera De Filippi, and Jason Potts: Blockchains and the economic institutions of capitalism

Daniyar Nurbayev: The rule of law, central bank independence and price stability

Cameron Harwick: Money and its institutional substitutes: the role of exchange institutions in human cooperation

Andrew T. Young: Hospitalitas: Barbarian settlements and constitutional foundations of medieval Europe

Rok Spruk and Aleksandar Kešeljević: Economic freedom and growth across German districts

Geoffrey M. Hodgson, Francesca Gagliardi, and David Gindis: From Cambridge Keynesian to institutional economist: the unnoticed contributions of Robert Neild

Metroeconomica, 69 (3)

Benjamin Lojak: The emergence of co-existing debt cycle regimes in an economic growth model

Emiliano Libman: Endogenous norms in wage and price setting and hysteresis in the real exchange rate

Bill Gibson and Mark Setterfield: Real and financial crises in the Keynes–Kalecki structuralist model: An agent-based approach

Reiner Franke: Can monetary policy tame Harrodian instability?

Matheus R. Grasselli and Aditya Maheshwari: Testing a Goodwin model with general capital accumulation rate

Susumu Cato: On the existence of an equitable allocation

Jong-seok Oh: Macroeconomic stability in a flexible labor market

Germán Alarco:Mergers and acquisitions in Latin America 1990–2014: Factorial distribution and contractionary impacts

New Political Economy, 23 (5)

Matthew Watson: Crusoe, Friday and the Raced Market Frame of Orthodox Economics Textbooks

Sibille Merz and Ros Williams: ‘We All Have a Responsibility to Each Other’: Valuing Racialised Bodies in the Neoliberal Bioeconomy

Gurminder K. Bhambra and John Holmwood: Colonialism, Postcolonialism and the Liberal Welfare State

Richard Saull: Racism and Far Right Imaginaries Within Neo-liberal Political Economy

Sarah Phinney: Detroit’s Municipal Bankruptcy: Racialised Geographies of Austerity

Prem Kumar Rajaram: Refugees as Surplus Population: Race, Migration and Capitalist Value Regimes

PSL Quarterly Review, 71 (285)

Igor Lopes Rocha: Manufacturing as driver of economic growth

Gabriel Porcile and Danilo Sartorello Spinola: Natural, Effective and BOP-Constrained Rates of Growth: Adjustment Mechanisms and Closure Equations

Luis Villanueva and Xiao Jiang: Patterns of Technical Change and De-Industrialization

Guilherme de Oliveira: Environment, Effective Demand, and Cyclical Growth in Surplus Labor Economies

José Luis Oreiro, Luciano Manarin D'Agostini, Fabrício Vieira and Luciano Carvalho: Revisiting Growth of Brazilian Economy (1980-2012)

José Antonio Ocampo, Eduardo F. Bastian and Marcos Reis: The myth of the 'Latin American decade'

Books and Book Series

Global Capitalism, Global War, Global Crisis

by Andreas Bieler and Adam D. Morton | 2018, Cambridge University Press

This book assesses the forces of social struggle shaping the past and present of the global political economy from the perspective of historical materialism. Based on the philosophy of internal relations, the character of capital is understood in such a way that the ties between the relations of production, state-civil society, and conditions of class struggle can be realised. By conceiving the internal relationship of global capitalism, global war, global crisis as a struggle-driven process, the book provides a novel intervention on debates within theories of 'the international'.

Through a set of conceptual reflections, on agency, structure and the role of discourses embedded in the economy, class struggle is established as our point of departure. This involves analysing historical and contemporary themes on the expansion of capitalism through uneven and combined development, the role of the state and geopolitics, and conditions of exploitation and resistance. These conceptual reflections and thematic considerations are then extended in a series of empirical interventions, including a focus on the 'rising powers' of the BRICS, conditions of the 'new imperialism', and the ongoing financial crisis. The book delivers a radically open-ended dialectical consideration of ruptures of resistance within the global political economy.

Please find a link to the book here.

Money, Currency and Crisis: In Search of Trust, 2000 BC to AD 2000

Edited by R.J. van der Spek and Bas van Leeuwen | 2018, Routledge

Money is a core feature in all discussions of economic crisis, as is clear from the debates about the responses of the European Central Bank and the Federal Reserve Bank of the United States to the 2008 economic crisis.

This volume explores the role of money in economic performance, and focuses on how monetary systems have affected economic crises for the last 4,000 years. Recent events have confirmed that money is only a useful tool in economic exchange if it is trusted, and this is a concept that this text explores in depth. The international panel of experts assembled here offers a long-range perspective, from ancient Assyria to modern societies in Europe, China and the US.

This book will be of interest to students and researchers of economic history, and to anyone who seeks to understand the economic crises of recent decades, and place them in a wider historical context.

Please find a link to the book here.

Class Matters - Inequality and Exploitation in 21st Century Britain

by Charles Umney | 2018, Pluto Press

Social class remains a fundamental presence in British life in the twenty-first century. It is woven into the very fabric of social and political discourse, undiminished by the end of mass industry; unaugmented despite the ascendancy of 'ordinary working people' and other substitute phrases. Absent from this landscape, however, is any compelling Marxist expression or analysis of class.

In Class Matters, Charles Umney brings Marxist analysis out of the 19th century textiles mill, and into the call centres, office blocks and fast food chains of modern Britain. He shows how core Marxist concepts are vital to understanding increasing pay inequality, decreasing job security, increasing routinisation and managerial control of the labour process.

Providing a critical analysis of competing perspectives, Umney argues that class must be understood as a dynamic and exploitative process integral to capitalism - rather than a descriptive categorisation - in order for us to better understand the gains capital has made at the expense of labour over the last four decades.

Please find a link to the book here.

Class and Property in Marx's Economic Thought: Exploring the Basis for Capitalism

by Jørgen Sandemose | 2018, Routledge

This book presents the capitalist system as a function of the interaction of the three basic classes in the capitalist social formation: industrial capitalists, wage labourers and landed proprietors. Through this, it shows how the corresponding conflicts and clashes of interests between those classes are unavoidable for understanding contemporary economic structures.

Analysing these economic structures in relation to the forms of property ownership, as well as the typical processes of production connected with them, the author points out how Karl Marx’s theory of the capitalist social formation is closely connected with the emergence and existence of a national money market. At the same time, the book places a special emphasis on Marx’s theory of ground rent and modern landed property, an aspect misinterpreted by many authors; and through an evaluation of the most important Marxian categories regarding the analysis of the world market and its development, further emphasis is placed on the concept of differences in labour intensity between nations. This evaluation illustrates how the main categories of capital, wage labour and landed property acquire a completely different internal relation in poor countries compared to Western capitalist societies.

Class and Property in Marx's Economic Thought aims at exposing a method for analysing contemporary capitalism through focusing on the basic relations of population groups in the capitalist social formation. It will be of interest to students and researchers within the field of economics, as well as other social sciences.

Please find a link to the book here.

From Marxism to Post-Marxism

by Göran Therborn | 2018, Versobooks

A comprehensive history of the development of Marxist theory and the parameters of 21st-century politics.

In this pithy and panoramic work—both stimulating for the specialist and accessible to the general reader—one of the world’s leading social theorists, Göran Therborn, traces the trajectory of Marxism in the twentieth century and anticipates its legacy for radical thought in the twenty-first.

Please find the link to the book here.

Living in the End Times

by Slavoj Žižek | 2018, Versobooks

There should no longer be any doubt: global capitalism is fast approaching its terminal crisis. Slavoj Žižek has identified the four horsemen of this coming apocalypse: the worldwide ecological crisis; imbalances within the economic system; the biogenetic revolution; and exploding social divisions and ruptures. But, he asks, if the end of capitalism seems to many like the end of the world, how is it possible for Western society to face up to the end times?

In a major new analysis of our global situation, Žižek argues that our collective responses to economic Armageddon correspond to the stages of grief: ideological denial, explosions of anger and attempts at bargaining, followed by depression and withdrawal.

For this edition, Žižek has written a long afterword that leaves almost no subject untouched, from WikiLeaks to the nature of the Chinese Communist Party.

Please find a link to the book here.

Managerial Capitalism: Ownership, Management and the Coming New Mode of Production

by Gérard Duménil and Dominique Lévy | 2018, Pluto Press

In this provocative update of the Marxian framework, Gérard Duménil and Dominique Lévy reassert the explanatory power of Marx’s theories of history and political economy while incorporating contemporary transformations of class patterns and relations of production. They show that a transition is now underway towards a new mode of production, managerialism, shaped by the class of managers who are gradually moving from an intermediate class position to that of a new ruling class. The transition towards managerialism is much more advanced than usually understood.

The authors provide an overview and interpretation of major economic and political trends in the current hybrid social formation of managerial capitalism, with a special emphasis on its current neoliberal features in the U.S. and Europe, and its financial imperial reach worldwide.

Their historical analysis harks back to earlier struggles for social progress: the bourgeois revolutions, utopian socialism and anarchism, the early communist undertakings, the construction of self-proclaimed socialism and its failure. They conclude with a reassessment of the prospects for human emancipation today.

Please find a link to the book here.

Marx Worldwide - On the Development of the International Discourse on Marx since 1965

Jan Hoff | 2017, Haymarket Books

Examining how Marxism has been received and developed beyond Europe, this work asserts the continuing global relevance of tradition.

Charting the unprecedented global boost that has been experienced by critical Marxism since the mid-1960s, Marx Worldwide provides an overview of Marx's reception across the world, paying particular attention to the extra-European process of theory formation. In investigating the ‘globalisation’ of debates within Marxism, Hoff shows how the evolving tradition remains as relevant and as theoretically important as ever.

Please find a link to the book here.

Marxist Monetary Theory

by Costas Lapavitas | 2017, Haymarket Books

A pathway to Marxist monetary theory, through the papers of one of the field's pre-eminent scholars.

This essential volume collects the papers of Costas Lapavistas, one of the first political economists to notice the ascendancy of money and finance as dominant features of contemporary capitalism. These ground breaking papers range far and wide, covering markets and money, finance and the enterprise, power and money, the financialisation of capitalism, finance and profit, and even the subject of money as art.

Remaining remarkably coherent despite the breadth, this collection is a pathway to Marxist monetary theory that offers a resolutely Marxist perspective on contemporary capitalism that remains conversant with the history of political economy, sensitive to mainstream economic theory, and fully aware of the empirical reality of finacialisation.

Please find the link to the book here.

Marx’s Dream – From Capitalism to Communism

by Tom Rockmore | 2018, University of Chicago Press

Two centuries after his birth, Karl Marx is read almost solely through the lens of Marxism, his works examined for how they fit into the doctrine that was developed from them after his death.

With Marx’s Dream, Tom Rockmore offers a much-needed alternative view, distinguishing rigorously between Marx and Marxism. Rockmore breaks with the Marxist view of Marx in three key ways. First, he shows that the concern with the relation of theory to practice—reflected in Marx’s famous claim that philosophers only interpret the world, while the point is to change it—arose as early as Socrates, and has been central to philosophy in its best moments. Second, he seeks to free Marx from his unsolicited Marxist embrace in order to consider his theory on its own merits. And, crucially, Rockmore relies on the normal standards of philosophical debate, without the special pleading to which Marxist accounts too often resort. Marx’s failures as a thinker, Rockmore shows, lie less in his diagnosis of industrial capitalism’s problems than in the suggested remedies, which are often unsound.

Only a philosopher of Rockmore’s stature could tackle a project this substantial, and the results are remarkable: a fresh Marx, unencumbered by doctrine and full of insights that remain salient today.

Please find a link to the book here.

The Origins of Capitalism as a Social System

by John Milios | 2018, Routledge

Economists, historians and social scientists have offered a variety of conflicting answers to the issue of the beginnings of capitalism and these deviating answers imply different conceptualizations of what capitalism actually is. This book provides a simultaneous inquiry into the origins of capitalism as well as provides a theoretical treatise on capitalism.

The Origins of Capitalism as a Social System explores the line between what is and is not capitalism, (re)producing a theory of capitalism as a system of class domination and exploitation. Part I of the book focuses on the monetary theory of value and capital developed by Karl Marx, while at the same time critically reviews an array of economic and historical literature, both Marxist and non-Marxist. Following this, Part II expounds the first emergence of capitalism in Venice. It highlights the historical contingencies that made capitalism in the Venetian society possible, as well as the structural elements of the capitalist system and their interconnectedness. Finally, Part III discusses the capitalist character of the Venetian social formation from the end of the fourteenth century until the fall of the republic to Napoleon in 1797. As part of this, the author investigates the significance of forms of governmentality beyond national cohesion and territorialization.

Of great interest to economists, historians and both undergraduate and postgraduate students, this book gives special emphasis to a critical evaluation of the tensions and controversies between historians, economists and other social scientists with regard to the character and role that money and trade played in societies and economies.

Please find a link to the book here.

The Theory of Need in Marx

by Agnes Heller | 2018, Versobooks

The first full presentation of a fundamental aspect of Marx, the concept of need.

What are needs? While the edifices of economic theory are built upon various mechanisms designed to satisfy “human needs,” not many economists have addressed the idea of need itself. Heller’s highly original work identifies this lacuna, recognizing the concept of needs as playing a “hidden but principal role in Marx’s economic categories.” Her writing lucidly exposes radical needs as bearing the seeds of revolutionary agency in alienated capitalist society, and reasserts our existence as sentient beings beyond the realm of the material, productive spheres.

Please find a link to the book here.

Unproductive Labour in Political Economy - The History of an Idea

by Cosimo Perrotta | 2018, Routledge

Contemporary mainstream economists see social wealth as the sum of individual incomes, but for three centuries many economists saw wealth as consisting of the public and private resources of a nation. This led them to explore the idea of unproductive labour, which provides a nation with an individual income, but does not contribute to an increase in social wealth or help to foster development.

This book analyses the evolution of ideas surrounding unproductive labour, offering an unprecedented history that guides readers from the work of Petty through to the present economic crisis. This volume explores the work of several key scholars, including Smith, Petty, Marx, Ricardo, Mill, Say and Schumpeter.

This book is suitable for scholars and researchers with an interest in the history of economic thought, labour economics and economic philosophy.

Please find a link to the book here.

Heterodox Graduate Programs, Scholarships and Grants

9 PhD positions at the Tuscan Universities Siena, Florence, and Pisa

9 fully funded PhD positions in the joint Phd programme of the Tuscan Universities Siena, Florence, and Pisa

The Tuscan Universities (Siena, Florence and Pisa) advertise 9 scholarships (including tuition and living expenses) to attend their joint Doctorate in Economics. Students of al Nationalities are invited to apply. Accommodation facilities are available at the University of Siena where the first year courses take place. The Doctorate is characterized by a pluralistic approach (including history of economics) and stimulates productive debates, involving the Faculty and the Doctorate Students. All relevant information can be found at the following site.

The original posting can be found here.

Application Deadline: 20 August, 2018 (14:00 local time)

Rebulding Macroeconomics - "Globalisation Hub" Grant

Rebuilding Macroeconomics (RM), funded by the Economic and Social Research Council (ESRC) and hosted by the National Institute of Economic and Social Research (NIESR), is inviting calls for research proposals under its Globalisation Hub. Our long-term aim is to transform macroeconomics back into a policy relevant social science. Our intermediate step is toprovide recommendations to the ESRC as to the future shape and direction of research in Macroeconomics. Project proposals should thus aim to identify promising areas for future research (on a “proof of principle” basis), rather than seeking to obtain definitive results from what will be limited project budgets. RM will consider proposals which are genuinely innovative; which are oriented towardspolicy-relevant problems; and which are rigorous but may be overlooked by traditional funding sources. We are particularly interested in interdisciplinary proposals and the introduction of new methods to macroeconomics


The application procedure will consist of two stages.

The budget limits for projects are £25,000 to £150,000, at 100% fEC. Successful applications will be funded at 86% fEC.

Please find further information as well as a link to the application form here. The full call for research can be found here.

Application Deadline: 1 August, 2018


World Economic Association Commentaries, 8 (3)

Merijn Knibbe: In Praise of Wesley Clair Mitchell, economist

David Ruccio: Utopia and Economic Development

Lars Syll: The Main Reason Why Almost All Econometric Models Are Wrong

economic sociology _the european electronic newsletter, 19 (3)

Céline Bessière and Sibylle Gollac: Is social network analysis useful for studying the family economy?

Lasse Folke Henriksen, Anton Grau Larsen, Christoph Houman Ellersgard and Jacob Lunding: Networks of corporate ancestry: Dynasties of patri-lineages in chairman - executive networks

Michel Grossetti: Embeddedness and decoupling in innovation activities

Andrés Chiriboga-Tejada: A tale of two cities: the regional dimension of the Ecuadorian securities market

ORIO Network: Neo-structural economic sociology beyond embeddedness


Permanent link to the Forum for Macroeconomics and Macroeconomic Policies (FMM) working paper series

The working paper series of the research network on macroeconomics and macroeconomic policies ("FMM working paper series") publishes up to date research by FMM fellows and affiliates. Working papers are circulated widely among scholars in academia and policy and can be found here.

For Your Information

JHET and EJHET editors appeal against Impact Factor suppression

On June 26, Clarivate Analytics, the publisher of the Journal Citation Reports (JCR) and producer of the Journal Impact Factor (JIF), released their 2018 report with the JIF data of 2017. In it, three history of economics journals were suppressed for one year (to be considered for re-inclusion in the next year) and got no impact factor for 2017 due to an alleged “citation stacking:” History of Economic Ideas (HEI), the European Journal of the History of Economic Thought (EJHET), and the Journal of the History of Economic Thought (JHET). In 2017, due to the inclusion of the second annual survey published in HEI in the JIF statistics (this didn’t happen with the first survey that they published in 2016), EJHET and JHET got more than 55% of their citations from HEI, most of this (circa 90%) coming only from that one survey. In a small field not used to many citations of current works and without substantial citations coming from outside, the survey produced an increase in citations that was flagged by the quantitative indicators of Clarivate Analytics.

The editors and the publisher of HEI have already appealed to Clarivate, as did Cambridge University Press. The editors of EJHET and JHET wrote a joint letter that was sent to Clarivate on July 2nd and now made publicly available here at the HES website.

We hope that this public statement not only clarifies the matter but also can be accessible to agencies and governmental bodies that do research evaluation in different countries and are going to use the 2017 JIF in their processes.

In conjunction with the editors of HEI and all the publishers, we are monitoring the situation closely and are ready to take further actions as needed.

Joint Letter to Clarivate Analytics (sent on July 2nd, 2018)

The editors of EJHET:

The editors of JHET:

For further details on this, there are several links to consult:

Clarivate’s Suppression Note (June 26, 2018)

Clarivate’s JCR Suppression Report

Clarivate’s JCR 2018 Announcement

ScholarlyKitchen Blog Post (June 27, 2018)

RetractionWatch Blog Post (June 26, 2018)