Heterodox Economics Newsletter

Issue 235 December 06, 2018 web pdf Heterodox Economics Directory

This issue of the Heterodox Economics Newsletter comes straight from the annual conference of the European Association for Evolutionary Political Economy (EAEPE), which took place in Nice/France this year. As a more or less regular visitor of this conference I have to admit that I am slightly impressed - not only with respect to the large number of participants (roughly 400 researchers took part this year), which has been successively growing over the past years, but also with regard to the diversity and quality of presented papers.

The conference witnessed inspiring keynotes on the complex relations between technological change, productivity growth, unemployment and inequality (by Maria Savona and Giovanni Dosi) and a series of highly interesting panels, sessions and individual contributions, e.g. on the future of the Eurozone (see e.g. here or here), the inherent fragility of strongly interlinked financial systems (by this inspiring colleague), pluralist approaches to economic teaching and research (partially based on thesetwo excellent books) or the fundamental challenges arising from climate change and other ecological calamities (e.g. here).

In sum, the most inspiring aspect to me was the great diversity of methodological approaches. As EAEPE is an association based on a pluralist tradition, theoretical diversity has always played a strong role at these conferences. However, this year's conference also witnessed an increase in methodological diversity as the usual exercises in model-building (mainly: ABMs, SFC-models, dynamic systems, network models), econometrics and the history of thought where complemented by highly interesting in-depth case-studies drawing on qualitative methodologies and archival research. In my opinion, the conference benefitted greatly from this diversity of approaches as the results and insights gained from applying different methods to similar problems are often complementary and, hence, allow for a deeper understanding of the subjects under consideration.

Finally, I wanted to use this opportunity to congratulate my good friend and colleague at the Johannes Kepler University Linz Claudius Gräbner, who, in joint work with Birte Strunk, has received EAEPE's Herbert Simon Prize for the best paper authored by young scholars. Their paper is located at the heart of the debate on pluralism in economics; it takes up and responds to criticisms by mainstream economists, showing how these criticisms of a pluralist approach are often based on misunderstandings or unquestioned preconceptions on the side of more 'conventional' authors. In case you are interested in their work, you can easily access this 'award-winning' contribution here.

All the best & keep up the good work,


© public domain

Table of contents

Call for Papers

37th International Labour Process Conference (Vienna, Apr. 2019)

24-26 April, 2019 | Vienna, Austria

We invite you to attend the conference and present research on work, labour and employment relations. A special focus will be on 'Fragmentations and Solidarities'.

Please download here the General Call for Papers as well as the Calls for Special Streams:

Stream 1: Solidarity in times of crises. Labour process dynamics and socio-political orientations
Stream 2: Representation and resistance: trade unions, their comfort zones and the new and hybrid forms of representation
Stream 3: Work and employment in the Global South. Beyond established narratives and disciplines
Stream 4: Socio-ecological transformations of the labour process
Stream 5: Artificial Intelligence, technology and work
Stream 6: Grey zones of work and employment in comparative perspective

If you have any questions please contact ilpc.admin@ilpc.org.uk

Submission deadline: 26 October 2018.

55th International Conference of Labour and Social History (ITH) Conference on "Working on the Land: Actors, Societies and Environments" (Linz, Sep. 2019)

5-7 September, 2019 | Linz, Austria

The ITH Conference 2019 aims at strengthening the links between labour history and rural history. It intends to address the topic “working on the land” from two different angles: firstly, agricultural work as co-production of society and nature and, secondly, rural labour relations as elements of larger political and economic systems. Contributions to this conference will explore how these two perspectives complement each other, identify research desiderata and blind spots in the respective other, creatively develop bridges and contribute to the theoretical, methodological and empirical enrichment of the history of agrarian work and labour.

The first angle highlights how agricultural work – growing cereals, tree- or garden-crops, raising cattle, working in woods and forestry or processing raw materials produced on the land – differs from other forms of work. It draws our attention to the differences of agriculture from other branches of the economy due to its natural embedment: the natural constraints on the choice of crops in specific regions, the biological growth processes of plants and animals, the seasonality of the labour process, the uncertainties of weather and the resulting output-related risks and the effects these features may have (had) on the material and immaterial traits of culture, such as settlement patterns, household composition, techniques and technology, perceptions of the environment, the possibilities to intensify the production process, the choice of contracts, social stratification and property rights. In order to grasp the co-production of society and nature, researchers might undertake in-depth case studies with a regional or local focus.

The second angle from which the topic is being addressed emphasizes the variety of rural labour relations, looking rather at commonalities with other forms of labour relations, and, last but not least, at the wide range of combinations – by individuals and households – between agricultural and non-agricultural work. This includes family farming, service in husbandry, the various forms of free and unfree labour, forced labour and wage labour (e.g. permanent, seasonal, migratory), but also agricultural activities of rural artisans and industrial workers, the gendered and age/life course-related division of labour and many other topics. The connections of these various labour relations with overarching (socio-)political and (socio-)economic formations (for instance, such as territorial states and global capitalism(s) since the sixteenth century) are of particular interest. The respective focus is on more general aspects such as class and power relations, social movements and (non-)organizations of rural workers, mobility and migration, commodity chains, governance structures, the access to landed property and other key resources and marketdevelopments as explanations for the social constitution of rural societies. This perspective calls for the broadening of research to multiple scales, ranging from local to global.

The conference aims at bringing together contributions from different disciplines (e.g. history, geography, sociology, economics, anthropology) and multiple temporal and spatial contexts, which address the complexity of rural labour relations and the agency of rural workers from the angles outlined above. Interest in long- and short-term historical processes and in social change should form the common ground for interdisciplinary discussion. Besides detailed case studies, contributions focused on international comparisons and/or transnational connections are particularly welcome. Papers might highlight the practical rooms of manoeuvre of rural actors, varying between adaptation and resistance, or explore how the history of agrarian labour and work in a given space was influenced by natural opportunities and constraints, technological developments and globalizing market forces. These are but two examples for how contributions to this conference might productively build and expand on the interconnection of rural history and labour history through a focus on the study of work.

Proposed papers should include abstract (max. 300 words); biographical note (continuous text, max. 200 words); full address und e-mail address and should be sent to Lukas Neissl.

Please find the full call for papers here.

Submission deadline: 6 January 2019

83rd Annual Conference of the Japanese Society for the History of Economic Thought (JSHET) (Fukuoka, June 2019)

1-2 June, 2019 | Fukuoka, Japan

The Conference Organizing Committee invites proposals for individual papers (in English or in Japanese) on all aspects of the history of economic thought.

Each applicant is invited to send an abstract of about 600 words in English (or 2,000 letters in Japanese) for a paper, containing the title of the paper, his/her name, affiliation, email address, and key words (up to five). The deadline for application is 1 November 2018.

An outline (up to 2,000 words in English or 8,000 letters in Japanese) of the paper should be submitted by 3 March 2019. Failing to submit it by that deadline, your application will be automatically cancelled. The compiled outlines will be printed and mailed to all JSHET members one month before the conference.

You can also ask the committee that your full paper should be downloaded from its website. Or you can also distribute your paper or handouts to the conference on the day of your presentation by yourself.

The fee for non-members of JSHET to present a paper at the conference is 6,000 JPY.

Further information of JSHET and of the conference may be found on the website.

For additional information, please send your queries to the following email address:

Submissions can be made here.

Submission deadline: 1 November 2018

Annual Meetings of the American Association of Geographers (AAG) (Washington D.C., Apr. 2019)

3-7 April, 2019 | Washington D.C., USA

In April 2019 the Annual AAG conference will take place in Washington DC. The full programme is not yet available and will be posted on the AAG conference website later on. However, this conference typically hosts some sessions, which are of interest to heterodox economists. All sessions as well as calls for papers will be published here. Two exemplary sessions of potential interest are listed below:

Call for Papers:

Labour Regimes and Global Systems of Production and Reproduction

Organisers: Liam Campling (Queen Mary University of London), and Adrian Smith (Queen Mary University of London)

Recent years have seen a resurgence of interest in the question of labour in critical human geography. In economic and development geography this has partly taken the form of a concern to understand the role that labour regimes play in the structuring, organisation and dynamics of globalised systems of production and reproduction. Labour regimes are seen as historically formed, multi-scalar phenomena resulting from the articulation of struggles over local social relations, often intersecting (directly or indirectly) with the commercial demands of lead-firms in globalised production networks, and with the gendered and racialized politics of social reproduction. Drawing inspiration from a long-standing debate in development studies, political sociology and feminist political economy, the focus on labour regimes has enabled a re-invigoration of the “labour geography” framework which emerged in the 1990s. This set of sessions develops further this emerging field of intellectual enquiry by examining the nature, role, constitution and dynamics of and in labour regimes in globalising capitalism. In particular the papers in the sessions will aim to examine the ways in which the conjunctural and contingent formation of labour regimes in place matter for the organisation of global systems of production and reproduction.

We welcome abstracts for papers engaging with this emerging terrain, which might examine any of the following areas through both conceptual and empirical (or ideally combined) research, although this list is by no means exclusive:

Please submit abstracts (250 words maximum) to Adrian Smith and Liam Campling.

Submission deadline: 8 October, 2018

The Corporation and its Importance to Human Geography: Advancing New Critical Perspectives

Paper Session Organisers: Dr Crispian Fuller (Cardiff University) and Dr Jennifer Johns (University of Bristol)

There is little doubt that the vanguard of contemporary global capitalism is the ‘multinational corporation’, with its broad-ranging influence and imbrication within social, economic, political and environmental everyday life. As Baars and Spicer (2017) argue, ‘no longer is it the state which brings us into the cradle and then lays us out in the grave. It is, increasingly, the corporation’ (Baars and Spicer, 2017: 1). Yet, within human geography the corporation has tended to be treated as an empirical subject, typically as part of much broader studies, rather than as an agent requiring conceptualisation and empirical investigation. Indeed, critical engagement with the corporation is significant given its encroachment into and entrenchment within social life through a number of arenas, and which has implications for various human geography sub-disciplines. This includes, for example, the role of corporations in platform capitalism (economic geography); precarious work (labour geography); labour smart cities and urban financialisation (urban geography); neoliberalism and the nation state (political geography); and agribusiness, environment and development (environmental and development geography).

This session aims to critically engage perspectives of the corporation in human geography, and explore the nature and impact of this actor in the contemporary world. It seeks to bring together both empirical and conceptual papers that outline geographical perspectives of the corporation across all human geography sub-disciplines, and in reference to both the Global North and South. Potential questions include, but are not restricted to:

Please submit abstracts (250 words maximum) to Crispian Fuller and Jennifer Johns.

Submission deadline: 8 October, 2018

CIRED workshop on "Facts in Environmental and Energy Economics, Models and Practices, Past and Present" (Paris, Oct. 2018)

19-20 October, 2018 | Paris, France

The relation between theories, models and facts is aregular concern in economics.To what extent can concrete facts be taken into account in abstract models? How can we validate or implement a theory if we miss practical information or data? In environmental and energy economics, these questions are even more decisive, because facts are multidimensional: economic variables, social behaviours, but also biophysical dynamics, geological constraints,climate interactions, and so on.

The international workshop that will take place at CIRED–Centre international de recherchesur l’environnement et le développement (Paris, France) aims at discussing and confronting various works on past and present experiences of articulation between models and facts in environmental and energy economics. It is addressed to economists, econometricians, social scientists, historians of economic thought, specialists in economic methodology or epistemology, and economic or environmental historians interested in the topic. The objective of the workshop is to foster the dialogue between creators or users of models and historians to better define and understand the challenges of environmental and energy economics today in its confrontation with realities.

The call for papers is open to all proposals related to the topic described above. The following questions illustrate some issues that could be addressed:

Please find more information here and the programme here.

The registration form can be found here and should be returned to workshopcired2018@gmail.com.

Submission deadline: 20 September 2018.

Interdisciplinary Global Development Center (IGDC): Workshop on "Inclusive or Exclusive Global Development? Scrutinizing 'Financial Inclusion'" (York, Nov. 2018)

21 November, 2018 | York, UK

Microfinance and then financial inclusion have become buzzwords in international development. Such initiatives have mobilised and generated large amounts of development funding, despite substantial amount of critique. Such critiques call for a more impartial assessment of the effectiveness of financial inclusion on the grounds that funds for microfinance, they argue, displaced development spendings on healthcare, education or infrastructure. In addition, the focus on expansion of financial markets to ‘bank’ and financially ‘include’ the poor may divert attention from more comprehensive and effective poverty reduction strategies. Critiques of this ‘way of doing development’ are often sidelined and labelled as ‘extreme’, ‘sloppy’ or ideology-driven rather than evidence-based. We believe that there is a need for contemporary development scholars from all disciplines to engage in those debates. This half-day workshop would bring in such scholars to discuss what we have learned from a decade of research on the microfinance, and how financial inclusion and the emergence of fintech may offer new opportunities - as well as risks - in for inclusive global development.

Confirmed Speakers: Milford Bateman, Richard Kozul-Wright (UNCTAD), Stephanie Blankenburg (UNCTAD), Kate Pickett (University of York), Lena Rethel (University of Warwick)

We welcome papers focusing on, but not limited to, the following themes and topics:

Theme 1

Theme 2

Theme 3

The sessions will be chaired by one early career researcher coupled with one of the senior roundtable discussants who will offer reflections on the papers and conclude the session.

Submissions should be no more than 700 words and sent to development@youngscholarsinitiative.org with the subject line “Scrutinizing Financial Inclusion Submission”. Travel grants are available for accepted applicants.

Please find the original CfP here.

Submission deadline: 1 October 2018

Scandinavian Economic History Review: Special Issue on "The quest for competitive markets: Exploring competition and collusion in theory and practice in historical perspective"

The call for papers for a special issue of the Scandinavian Economic History Review on "The quest for competitive markets: Exploring competition and collusion in theory and practice in historical perspective" is now open.A full description of the topic and suggested areas for contributions is below. Potential contributors are encouraged to contact either of the guest editors, Professors Susanna Fellman (Gothenburg University & University of Helsinki) or Martin Shanahan (University of South Australia, Adelaide) to discuss their topics and approach in advance of the deadline.

The quest for competitive markets: exploring competition and collusion in theory and practice in historical perspective Historical research on cartels and competition policy is experiencing a revival (Barjot & Schröter, 2013; Bertilorenzi, 2016; Christophers, 2016; Fellman & Shanahan, 2016; Freyer 2006; Gerber, 2010). One reason has been the global convergence towards legislation, which is intolerant towards restrictive business practices – a trend that has been explained as the ‘Americanisation’ of competition policy. Today, there is an increasing awareness that the history of anti-competitive regulation and national attitudes towards company collaboration is not as simple as this. Countries have followed quite different paths in their development of legislation to combat anti-competitive business practices. Competition policy is heavily embedded in the local institutional, legal and political context, while its outcomes and effectiveness is a result of its interconnectedness with other legislation. This challenges the perception that the global convergence towards non-tolerant (anti-trust) legislation is simply the ‘Americanisation’ of competition policies and/or the consequence of globalisation.

The methods’ firms use to collude, how cartels are organised and the stability of cartels have also varied between countries and over time. Individual cartels and firms adapt to changes in the regulatory environment, to political decisions, and internal and external pressures. Firms are not only reactive but proactive. Strong cartels have been able to influence both domestic and international policies – a factor which was increasingly recognised in the interwar period and led to the first attempts to monitor and regulate their activities. Powerful cartels were also present in key industries and considered important by many governments for economic progress. As a result, national policies often tolerated both extensive collaboration and allowed some industries’ exemptions from overall bans. Thus, in practice, firms and industries both tried to influence legislation and policy and were influenced by it.

A significant part of the more nuanced insights into cartel and competition policy development has originated from historical investigations. A historical approach, combined with theoretically and empirically informed investigations, is a fruitful way to reaching a deeper understanding of these topics. Nonetheless, although historically oriented competition policy and cartel research has seen a revival, historical studies of the dynamics and interplay between, on the one hand, firms and cartels and political decision-makers and government authorities, on the other, are still scarce.

The goal of this SI is to add to this field and the core focus will be to address questions concerning the connections between the legal/regulatory environment and company and/or cartel behaviour. The approach of the individual contributions can differ in methodology, and can have either a micro and/or a macro perspective, but each contribution should be profoundly historical in approach and should address the interaction and/or interdependence between the regulatory environment and cartel/firm behaviour.

The SI will consist of five to six individual papers, subjected to blind peer review and will be jointly co-edited by guest editors Susanna Fellman and Martin Shanahan. Papers with a comparative and/or transnational aspect will be prioritised. One focus will be on Nordic experiences in the twentieth century, but papers dealing with other countries and areas are highly welcome. All contributions should be based on original new research and will be subject to normal peer-review process.

Submission deadline: 30 November, 2018

Seminar on "Marx Inhabitant of Three Centuries" (Santiago de Chile, Dec. 2018)

5-7 December, 2018 | Santiago, Chile

The year 2018 marks the 200th anniversary of the birth of Karl Marx, philosopher, historian, politician, economist, and ultimately, social fighter. Chosen as the most relevant philosopher today, reviled and combated, admired and followed as a prophet, the importance of the great German thinker reaches us today. Therefore, the Faculty of Administration and Economics and the Master in Political Philosophy of the University of Santiago, have come together to organize a seminar on the relevance of this author’s ideas. This seminar seeks to dialogue with the contributions of Marx to reflect on our current affairs. In a context marked by old and new forms of coloniality, dependency and domination, which in the case of Latin America, are particularly profound. Due to its condition in the framework of the first globalization (which would give rise to the modern world system), reflecting on our present situation in the framework of a late capitalism, confronts us with the foundations that Marx described in the nineteenth century. The continuity of these forms of subordination and their importance for the development of structures that acquired maturity with the appearance of capitalism have been interpreted from the Marxist categories and an attempt has been made to find solutions in the philosophical, economic and political contributions of the great German thinker. Therefore, the name of Marx appears deeply linked to the present of our subcontinent. In this way the seminar invites to reflex on the validity and debate on the proposals that were developed within the framework of social struggles.

Also, this seminar seeks to contrast the author with critical views of his theory and concrete application in certain historical moments. In addition, this seminar wishes to contribute to the reflection on the limits of Marxist analysis, in light of the recent transformations of capitalism, relieved by post-Marxist theorists. Finally, this seminar tries to rescue the validity of his theoretical body to think and analyze our present in the long duration of historical time. The invitation to participate is open to researchers from the following disciplines: literature, linguistics, history, education, anthropology, economics, law, philosophy, geography, art, sociology, political science, architecture, environmentalism, gender studies, archeology, communication and other related fields. The activities of the seminar will be made up of conferences, symposiums and conversation tables. The lectures and conversation tables will be defined by invitation. The symposia will have a coordinator appointed by the Academic Committee and will gather a maximum of four papers per subject, which will constitute a table. If there are more selected papers, they can hold up to two tables in parallel.

Selection Process:

The papers will be selected according to relevance and clarity. Participants must send a summary of 500 words.

Abstracts should include:

Please find more information about the conference here.

The original call for papers as well as the submission portal for papers can be found here

Submission deadline: 10 November 2018

Workshop on "Interwar Economics and the Intellectual Origins of European Integration" (Lisbon, Feb 2019)

13-14 February, 2019 | Lisbon, Portugal

On February 13-14, 2019, the Jean Monnet Chair of UFMG's School of Economics and the Institute of Social Sciences at the University of Lisbon, will host in Lisbon the workshop "Interwar Economics and the Intellectual Origins of European Integration". The event will gather scholars who share an interest in exploring how economics was entangled in larger interwar discussions about international politics and social organization that contributed to laying the groundwork for European integration in the postwar era.

The following topics will merit special consideration:

The organizing committee invites proposals of papers to be presented at the workshop on these and related topics. Expressions of interest should be sent to alexandre@cedeplar.ufmg.br, accompanied by an abstract of approximately 500 words. Selected proposals will be later considered for publication in an edited volume.

All the participants will have their lodging expenses in Lisbon covered during the event, supported by UFMG's Jean Monnet Chair _Economics, Political Economy and the Building of the European Integration Project_ (co-funded by the Erasmus+ program of the European Union).

Submission deadline: 21 September, 2018

Call for Participants

EuroMemo Group 24th Conference on Alternative Economic Policy in Europe and pre conference event (Helsinki, Sep. 2018)

27-29 September 2018 | Helsinki, Finnland

This year's EuroMemo Group Conference is dedicated to the question 10 years into the crisis – What prospects for a popular political economy in Europe?. It will be jointly hosted with the University of Helsinki and will take place on 27-29 September 2018 (Thursday-Saturday) at the University of Helsinki.

Against the background of an increasingly alarming influence of right-wing nationalist and populist forces, the conference wants to facilitate discussion on progressive ideas, concepts and policies, on how to reconstruct a political integration project in Europe that is responsive to the economic and social needs of all groups and people affected by the severe economic crisis of the last ten years, and in particular of workers, the unemployed, the precariat, migrants and other vulnerable groups, also in a gender perspective.

With key-notes and contributions by Mary Kaldor (London School of Economics and Political Science), Mario Pianta (Roma Tre University), Hanna Kuusela (University of Tampere), Pertti Haaparanta (Aalto University) and Birgit Mahnkopf (Berlin School of Economics and Law).

Please visit the conference website for the full programme, details on the workshops and practical information on the venue and accommodation.

We would like to invite you to attend the conference. If you would like to participate, please copy the attached registration form into an email and reply to info@euromemo.eu.

Please find the original call for participation here and the registration form here.

Pre-conference eventorganised by the University of Helsinki

There will be a public event prior to the conference on September 27th 2018:

13.00 - 14.30 The future of the EMU

Speakers: Marica Frangakis (Nicos Poulantzas Institute and EuroMemo Group) and Sixten Korkman (Aalto University)

Chair and discussant: Heikki Patomäki (University of Helsinki)

Venue: University of Helsinki, Small Hall of the Main Building

INET's YSI webinar on "Economic Development in the XXIst century"

This seminar series focuses on the analysis of Economic Development in the XXIst century. The notions of distribution, industrial policy and balance of payments constraints will be profoundly analysed during these four sessions. As there is much disagreement about what drives economic development - and at the same time it is a central objective for developing economies - this question merits deep reflection. Through these seminars there will be a particular focus on the external constraints that developing economies face that make economic development challenging. Although the seminars will deal with small open economies, given that the balance of payment constraint will be part of the discussion, scholars working on the Eurozone may also find the discussion on interesting for their work.

Webinar 1 (Wednesday 09/12): Value and Distribution in a small open economy

By Guido Ianni, Ph.D. candidate at the University of Buenos Aires.

Guido will explain what determines income distribution in these economies, and how the alternative "closures" can lead to different economic productive structures.

Webinar 2 (Friday 09/21):Income distribution and the balance of payments - Some Latin American structuralist contributions

By Ariel Dvoskin and Germán Feldman. Ariel Dvoskin is Professor of Microeconomics at the National University of Buenos Aires and Germán Feldman is Professor of Macroeconomics at the National University of San Martín.

Drawing on Latin American structuralist analysis, Dvoskin and Feldman will explain not only Value and Distribution, but also their relationship with the Balance of Payments. In this lecture, notions related to balance of payments constraints will appear so it could be interesting for those working on or worried about the Eurozone.

Webinar 3 (Thursday 09/27):Industrial policies and growth in the XXIst century

By Margarita Olivera,Federal University of Rio de Janeiro

This webinar will deal with the role of industrial policies in development in the current age. Margarita is studying the impact of international institutions, such as the WTO and free trade agreements, on the possibilities of economic development.

Webinar 4 (Wednesday 10/03): The role of Central Banks in Economic Development.

By Matías Vernengo, is full professor of economics at Bucknell University. He is co-editor of the Review of Keynesian Economics and co-editor in chief of the New Palgrave Dictionary of Economics and his blog can be found here.

The final webinar will be focus on the relationship between Central banks, inflation and growth from a historical perspective. Were Central banks instruments of the state to promote economic development once? When did everything change? Matías will try to answer some of this questions under an economic development long-run perspective.


Questions can be directed to webinar-organiser, Santiago J. Gahn, YSI Economic Development Working Group

The facebook event can be found here.

Second International Modern Monetary Theory Conference on "Public Money, Public Purpose, Public Power" (New York, Sep. 2018)

28-30 September 2018 | New York, USA

The school of economic thought known as Modern Monetary Theory (MMT) is becoming more popular than ever. The Levy Economics Institute played a role in developing MMT, as well as its job guarantee proposal, from the mid-1990s. Levy scholars including L. Randall Wray, Mathew Forstater, and Stephanie Kelton were heavily influenced by the work of Hyman Minsky as they contributed to the creation, development, and spread of MMT.

MMT advocates held their first international conference last year in Kansas City. Since then, they have continued to exert increasing influence via social movements and political campaigns around the world. In the United States, progressive Democrats are taking to the job guarantee, a policy analyzed and promoted by MMT economists for nearly a quarter century. In Europe, proposals for transitional and youth-oriented job guarantee schemes have been discussed in the European Parliament, while the largest progressive grassroots organization in Australia has recently made an MMT-inspired job guarantee the centerpiece of its vision for a new economy. At the same time, MMT economists have advised governments and central banks in countries like Brazil, Ecuador, and Indonesia. Just as importantly, MMT has played a significant role in challenging austerity economics, and is slowly changing the conventional wisdom around the perennial question: “How will you pay for it?”

The MMT vision of money as a creature of public authority rather than private markets is rapidly gaining ground—fueling support for popular policies like a federal job guarantee, Medicare for all, and student loan forgiveness. In the past year alone, the MMT paradigm and its main proponents have been profiled in the Washington Post, The New York Times, and The Wall Street Journal, as well as numerous online publications. Understanding the academic background and history of these ideas is central to understanding the contemporary American political landscape. The main architects and public leaders of the MMT vision will be presenting and leading workshops at this conference.

The Second International MMT Conference will build on the strengths of the first, while consolidating the MMT vision. Like the first conference, this year will feature contributions from fields as diverse as macroeconomics, law, history, public policy, and corporate finance, with the goal of creating a community of scholars working within the MMT paradigm. This year’s theme, “Public Money, Public Purpose, Public Power,” signals the MMT community’s efforts to build bridges between social justice movements, inspire broad-based participation, and more deeply discuss how our ideas may be concretized politically.

The conference runs from Friday, September 28 through Sunday, September 30. Friday will feature roundtable discussions and keynote addresses from MMT luminaries on the origins of MMT, the process of making MMT “mainstream,” and the relationship between MMT and progressive advocacy for the job guarantee. Saturday will feature workshops facilitated by a range of community leaders and experts seeking to develop and deepen connections between MMT and other fields. Sunday begins with two “town hall” meetings, exploring MMT’s capacity as both a domestic and an international movement. The proceedings will conclude with a plenary session on the strategic and institutional goals of the movement going forward.

To learn more about the Second International MMT Conference or to register, visit their website or email.

To get to the registration form, please click this link.

Registration deadline: 25 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 and will also be discussed within a special session on Marxist thought to commemorate Marx’ 200 anniversary.

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


Workshop language is English; attendance is free.

Further information can be found here and a link to the registration forms can be found here.

Registration deadline: 1 October 2018

Job Postings

Bucknell University, US

Job title: tenure-track position in International Political Economy/Development

Bucknell University’s Department of International Relations is seeking to fill a tenure-track position in International Political Economy/Development beginning in August 2019. By the time of appointment, applicants are expected to hold a PhD in Anthropology, Heterodox Economics, International Relations, Sociology, or other relevant interdisciplinary degrees.

We expect to hire at the Assistant Professor level, but candidates of all ranks are welcome to apply.

The successful candidate will teach five courses per academic year. We are seeking a candidate whose teaching and research interests are International Political Economy/Development. The selected candidate will be able to teach courses on globalization and Political Economy of Global Resources. He/she should have regional expertise in Latin America and/or the Caribbean.

Applications must be made online. Online applications require a cover letter, CV, statements on the candidate’s teaching philosophy as well as his/her scholarly agenda, sample syllabi, and three letters of reference. Questions regarding the position should be addressed to Dr. Zhiqun Zhu.

The Department of International Relations offers a multi-disciplinary major where students take courses from the International Relations faculty who have backgrounds in different disciplines, as well as courses offered in other departments.

For additional information about Bucknell University, please see this website. 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 through innovative and inclusive pedagogy. We welcome applications from members that have been historically underrepresented in higher education.

Application deadline: 1 October, 2018.

Occidental College, USA

Job title: Assistant Professor

The Urban & Environmental Policy Department at Occidental College invites applications for a teacher and scholar at the Assistant Professor level in Urban Data Analysis and Applied Methods. The position will begin August 2019.

We are interested in candidates who understand urban and environmental problems as deeply linked with increased inequality and how these stresses exacerbate existing social, economic, and political divisions. Policymakers at local, state, national, and international levels face the challenge of developing policies that address existing inequities while simultaneously ensuring a long-term approach to the environmental and economic sustainability that has equity and democratic governance at its core.

We seek candidates who bring experience and commitment to creative and applied methods, particularly quantitative approaches, in teaching and in research. We invite candidates from a range of disciplines, including geography, applied economics, sociology, public policy, and urban planning. Candidates are expected to hold the Ph.D. degree or terminal degree in their field. We are also open to considering non-traditional candidates with extensive professional and community experience with demonstrated research and teaching but who may not have a Ph.D. or other terminal degree.

Our new colleague will be expected to teach our students to understand and apply quantitative and spatial approaches to understanding race, place, poverty, inequality, and policy in the context of a global political economy. We seek an effective and engaged teacher able to explain the relationships between local and global aspects of our economic and environmental problems and how, through quantitative and spatial analysis, inform practical solutions at the community, local, state, national, and global levels. Our new hire will teach our students to understand and apply quantitative and spatial approaches to understanding race, place, poverty, and inequality in the context of a global political economy. The ideal candidate should be able to teach our existing urban data analysis course (UEP 305) that can be tailored to his/her own area of expertise. The course satisfies the major’s methods requirement as a required course for the major that also counts as a College math-science requirement. While the area of specialization is open, their teaching and research approaches should help students learn to document and analyze urban processes, problems, and policies using quantitative data to identify and communicate patterns of urban inequality. This could include understanding the size and significance of urban problems such as but not limited to housing and lending discrimination, employment or wage inequality, transportation equity, community development, water quality, green space, and air pollution. Students within the UEP major are expected to complete a year-long senior comprehensive research project, so our ideal candidate should be able to teach students to explore basic research methods using quantitative data. They should also have an existing research program with a plan to integrate undergraduate students into their research.

Additionally, they will teach our required intro course Environment and Society (UEP 101) and participate in team-teaching the Senior Policy Seminar (UEP 410/UEP 411), a year-long capstone senior research project that frequently involves students conducting research for a community-based client organization. Our new colleague will have the freedom to design and revise his/her/their own courses, but we encourage candidates to look at the course descriptions, including UEP 101 and UEP 305, to become familiar with our approach to teaching. A description of our department, current course offerings, and course syllabi are available on our website.

The successful candidate will join a dynamic and growing interdisciplinary department in an urban liberal arts college located in Los Angeles. In addition to four full-time faculty members, the department includes affiliated faculty from other departments and practitioners who serve as adjunct faculty who teach a variety of applied courses.

This position expands the Department’s student learning and research opportunities through courses and research related to urban and environmental topics, including poverty, labor and labor markets, racial justice, and immigration. We are particularly interested in candidates who can help us develop programs and initiatives that contribute to applied quantitative and spatial methods as part of the College’s effort to build quantitative literacy as part of the College’s core curriculum.

Our new colleague will help us further the Department and College’s goals related to community-based learning and research and contribute to community-engaged efforts on and off-campus. Ideal candidates will be committed to community-engaged teaching and research and engage with the Urban & Environmental Policy Institute (UEPI), the Department’s applied research center that supports faculty research and community-engagement efforts campus wide.

We seek candidates who will contribute to our socioeconomically, ethnically, culturally, and intellectually diverse academic environment through their teaching, research, and/or service. US News has consistently ranked Occidental as one of the liberal arts colleges most committed to diversity. We rank near the top of very selective liberal arts colleges in terms of the proportion of students with Pell Grants.

The complete application will include the following:

  1. A cover letter of interest that demonstrates a commitment to academic excellence in a diverse urban liberal arts environment. The letter will reflect your interest in teaching at Occidental and a discussion of your teaching and research experience and interests.
  2. Curriculum Vitae
  3. A statement of your research agenda
  4. Statement of teaching philosophy and pedagogy that includes discussion of your demonstrated commitment to and future plans for teaching and mentoring students, particularly underrepresented students.
  5. List and brief descriptions of courses you would teach at Oxy
  6. Statement about how you will support and enhance the Departmental and College priorities related to quantitative literacy and community engaged teaching and research
  7. A sample of your scholarly work
  8. Three confidential letters of recommendation, with at least one attesting to experience and/or potential for teaching
  9. If selected for an interview, we will request the following: a) Evaluations of undergraduate teaching or other evidence of teaching effectivenes b) Sample syllabus for Urban Data Analysis (UEP 305)

Applicants should submit their application as an electronic file to Sylvia Chico at uepsearch@oxy.edu. We will contact semi-finalists in early November for interviews in late November. Finalists will be invited in mid-December for an on campus interview during late January – early February 2019.

We strongly urge underrepresented candidates, particularly women and persons of color to apply. The College is committed to academic excellence in a diverse community and supporting interdisciplinary and multicultural academic programs that provide a gifted and diverse group of students with an educational experience that prepares them for leadership in a pluralistic world. Occidental College is an Equal Opportunity Employer and does not unlawfully discriminate against employees or applicants on the basis of race, color, religion, sex, sexual orientation, gender identity, gender expression, pregnancy, breastfeeding or related medical condition, national origin, ancestry, citizenship, age, marital status, physical disability, mental disability, medical condition, genetic characteristic or information, sexual orientation, military and veteran status, or any other characteristic protected by State or Federal Law.

For information on the Urban and Environmental Policy Department, including current course offerings and course syllabi, visit our website at www.oxy.edu/uep. Inquiries about the position or the department can be directed to Martha Matsuoka, Associate Professor, Urban and Environmental Policy Department at matsuoka@oxy.edu.

Application Deadline: 19 October, 2018. (5:00 local time)

Rethinking Economics, UK

Rethinking Economics are hiring three new members of staff to work in our Manchester office. Full job description and instructions on how to apply can be found via the links below. Please get in touch at recruitment@rethinkeconomics.org if you have any questions.

Job title: Economics Education Campaign Manager

Apply here.

Application Deadline: 19 September, 2018 (23:30)

Job title: Diversity Campaign Manager

Apply here.

Application Deadline: 19 September, 2018 (23:30)

Job title: Operations Coordinator

Apply here.

Application Deadline: 19 September, 2018 (23:30)

University of Leeds, UK

Two job offers at the University of Leeds.

Job title: Associate Professor in Economics

Are you an experienced and influential academic with the proven ability to carry out teaching and research in Economics? Do you have an excellent research track record, proven success obtaining funding and the vision and drive to tackle new challenges? Are you passionate about delivering world leading research and an exceptional student experience?

We are looking for an outstanding candidate to join the Economics Division of Leeds University Business School during an exciting phase in our development. Our highly popular and vibrant teaching programmes are expanding whilst our research activities continue to grow. The Division’s strong research focus supports our leadership and membership of several high-profile, large-scale research initiatives including projects in the areas of financialisation, infrastructure provision, and the Cities research theme launched by the University of Leeds. The Division is connected via teaching and research to other faculties at the University of Leeds and is pursuing a distinctive and high-impact interdisciplinary agenda.

As Associate Professor, you will make a significant contribution to the Economics Division’s research, teaching and academic leadership. We are open to candidates in all areas of Economics, but would particularly welcome applications from those who can demonstrate a track record of research in areas related to the Division’s large-scale projects and impact initiatives.

We would also welcome candidates with a track-record of teaching in the area of applied econometrics.

Professor David Spencer, Head of Economics Division (Tel: +44 (0)113 343 4491)

Please find further information as well as a link to the application portal here.

Application deadline: 26 September, 2018

Job title: Lecturer in Economics

Are you an academic with proven abilities to carry out teaching and research in Economics? Do you have an excellent research record and a potential to establish an international reputation? Are you passionate about delivering an exceptional student experience in a research-intensive Russell Group University?

We are looking for an outstanding candidate to join the Economics Division of Leeds University Business School during an exciting phase in our development. Our highly popular and vibrant teaching programmes are expanding whilst our research activities continue to grow. The Division’s strong research focus supports our leadership and membership of several high-profile, large-scale research initiatives including projects in the areas of financialisation, infrastructure provision, and the Cities research theme launched by the University of Leeds. The Division is connected via teaching and research to other faculties at the University of Leeds and is pursuing a distinctive and high-impact interdisciplinary agenda.

With an active research agenda, you will have experience of collaborative work, the ability to obtain research funding and be able to contribute to the research of the Division. You will also be an engaging and effective teacher, able to contribute modules in the core theoretical and applied areas of economics and to attract and supervise PhD students successfully. The ability to contribute in the areas of the Division’s large-scale projects and impact initiatives would also be welcomed.

Though open to candidates with interests in all area of Economics, we would particularly welcome applicants with expertise in the area of applied econometrics.

To explore the post further or for any queries you may have, please contact:

Professor David Spencer, Head of Economics Division (Tel: +44 (0)113 343 4491)

Please find further information as well as a link to the application portal here.

Application deadline: 26 September, 2018


2017 RRPE Annual Best Paper Award: Winner Announcement

Each year, the RRPE editorial board selects the best paper from the among those papers published in the previous volume year. The winner receives a check from Sage. Free access to the full version of the current award-winning paper is available for 60 days on the SAGE website.

2017 Winner

2017, volume 49: “Job Quality Complexities: Self-employment within the Low-income Communities Surrounding Cape Town, South Africa” by Leanne Roncolato and John Willoughby, 49 (1): 30–53. This paper draws on feminist and Marxist traditions to develop a framework for analyzing job quality, which incorporates context, social relations, and power. Job quality among small business owners in low-income communities surrounding Cape Town, South Africa is analyzed using data from semi-structured, time-intensive interviews. The results reveal a complicated story of self-employment being a means of expressing creativity, forming identity and community, while simultaneously being characterized by insecurity and harsh constraints.


Cambridge Journal of Economics, 42 (5)

Anna M Carabelli and Mario A Cedrini: Great Expectations and Final Disillusionment: Keynes, ‘‘My Early Beliefs’’ and the Ultimate Values of Capitalism

M G Hayes: The Liquidity of Money

Enrico Sergio Levrero: An initial ‘Keynesian illness’? Friedman on taxation and the inflationary gap

Xuan Zhao and Wolfgang Drechsler: Wang Anshi’s economic reforms: proto-Keynesian economic policy in Song Dynasty China

Fabio D’Orlando and Francesco Ferrante: Macroeconomic priorities revisited: the behavioural foundations of stabilization policies

Yannis Dafermos: Debt cycles, instability and fiscal rules: a Godley–Minsky synthesis

Annina Kaltenbrunner: Financialised internationalisation and structural hierarchies: a mixed-method study of exchange rate determination in emerging economies

John Lewis and Jumana Saleheen: Tailwinds from the East: how has the rising share of imports from emerging markets affected import prices?

Tomás N Rotta: Unproductive accumulation in the USA: a new analytical framework

Daniele Tori and Özlem Onaran: The effects of financialization on investment: evidence from firm-level data for the UK

Martin Taulbut, Daniel F Mackay and Gerry McCartney: Job Seeker’s Allowance (JSA) benefit sanctions and labour market outcomes in Britain, 2001–2014

Angelos T Vouldis: Cornelius Castoriadis on institutions: a proposal for a schema of institutional change

Fabio Masini: Decision-making processes and multilayered institutional order: Lionel Robbins’s legacy

Ignacio Falgueras-Sorauren: The convoluted influence of Robbins’s thinking on the emergence of Economics Imperialism

Capitalism Nature Socialism, 29 (3)

House Organ

Jason Cortés: Puerto Rico: Hurricane Maria and the Promise of Disposability

In Memoriam

Michael Löwy: Joel Kovel, In Memoriam

Homage to Marx on His 200 Anniversary

Sanjeev Ghotge: Climate Change and Marx in the Twenty-First Century, Part II

Robert G. Wallace: Vladimir Iowa Lenin, Part 2: On Rural Proletarianization and an Alternate Food Future

Giorgos Kallis and Erik Swyngedouw: Do Bees Produce Value? A Conversation Between an Ecological Economist and a Marxist Geographer

Alternative Frameworks

Vangelis Papadimitropoulos: The Rational Mastery in the Work of Cornelius Castoriadis

Contradictions and Struggles

Sean Parson and Emily Ray: Sustainable Colonization: Tar Sands as Resource Colonialism

Heather Rosenfeld: “Plug into Choice”? The Trouble with Common-Sense Participation in a Smart Electric Grid

Forum for Social Economics, 47 (3-4)


Wolfram Elsner: Managing Editor’s Editorial

Asimina Christoforou: Connecting Theory with Practice: Lessons from Bourdieu


Frédéric Lebaron: Pierre Bourdieu, Geometric Data Analysis and the Analysis of Economic Spaces and Fields

Meltem Odaba and Fikret Adaman: Engaging with Social Networks: The Bourdieu-Becker Encounter Revisited

Fabien Eloire: The Bourdieusian Conception of Social Capital: A Methodological Reflection and Application

Anne Jourdain: Analysing the Symbolic Economy with Pierre Bourdieu: The World of Crafts


Alberto Botta: Financial and Capital Account Liberalization, Financial Development and Economic Development: A Review of Some Recent Contributions


Steven Pressman: Ingrid Hahne Rima (1925–2015)

Journal of Economic Issues, 52 (3)

Katherine A. Whalen and Charles J. Whalen: The Circular Economy and Institutional Economics: Compatibility and Complementarity

Natalia Bracarense and Karol Gil-Vasquez: Bolivia’s Institutional Transformation: Contact Zones, Social Movements, and the Emergence of an Ethnic Class Consciousness

Jairo J. Parada: Veblen’s Imperial Germany and the Industrialization of Latin America

Alessandro Morselli: From the Nation-State to a World Society: An Institutional Reading of Globalization

Hajime Sato: The Emergence of “Modern” Ownership Rights Rather than Property Rights

Qunyi Liu: Rethinking Land Reform in East Asia: Egalitarian or Inegalitarian?

Çinla Akdere and Pelin Benli: The Nature of Financial Innovation: A Post-Schumpeterian Analysis

Casimir Dadak and Roman Matkovskyy: An American-Style Transfer Union in Europe, A First Glance at How Much It Might Cost

Ryo Takashima: Education and the Public Goods Type of Social Capital: Are the Well Educated Free Riding in the Provision of Public Goods?

Angelos T. Vouldis: Cornelius Castoriadis on the Scope and Content of Neoclassical and Marxian Economics

Matthias Aistleitner, Jakob Kapeller and Stefan Steinerberger: The Power of Scientometrics and the Development of Economics

Maïva Ropaul: Consumer Boycotts: Does Trust in Law-Making and Law-Enforcing Institutions Matter?

Barbara E. Hopkins: Reasserting Institutionalist Insights on the Good Society: 30 Years After Petr’s Call for a Mixed Economy

Dimitry Rtischev: Labor-Leisure Choice and Relative Income Concerns in the Shadow of the Housing Market

Regulation Review, 23

Laurent Cordonnier, Thomas Dallery, Vincent Duwicquet, Jordan Melmiès and Franck Van de Velde: Why (and how) should we correct the amount of nominal interests paid by corporations for debt depreciation, so as to reach a right measure for the cost of capital?

Samuel Klebaner and Guillaume Assogba: What Coherence for the French “filières” Policy? The Gaps between what Should Be and What Is the “filière solidaire”

Florence Gallois and Amandine Rauly: Complementarity between Régulation Systems and Production Systems: the Case of Telemedicine

Emmanuelle Champion: The Challenge of the Appropriation of Corporate Social Responsibility (CSR) by National Unions: Lessons from the Coalition Québécoise contre les ateliers de misère (CQCAM)

Opinion debates

Sophie Jallais: From One World to Another or the Rhetorics of Examples in Microeconomics Textbooks.

Ela Callorda Fossati, Florence Degavre and Benoît Lévesque:Social Innovation: Looking Back at the Paces of a Theoretical and Practical Construct.

Review of Radical Political Economics, 50 (3)

Special issue on The Past, Present, & Future of Radical Economics: URPE at 50


Marlene Kim: Introduction to the Special Issue of the Past, Present, and Future of Radical Economics: URPE at Fifty


Michael Meeropol: How URPE Helped This “Tenured Radical” Thrive in a Non-radical Economics Department

Marlene Kim: URPE at Fifty: Reflections on a Half Century of Activism, Community, Debate (and a Few Crazy Moments)

Howard M. Wachtel: The Review of Radical Political Economics at Its Half Century: A Retrospective

Julie Matthaei: URPE, Radical Political Economics, Social Movements, and Revolution—From Identity Politics to Solidarity Economics: Looking Backward, Looking Forward on the Occasion of URPE’s Fiftieth Anniversary

Marlene Kim: URPE at UC Berkeley: The Activities, Protests, and Legacy of the Economics Students and URPE’s Once Largest Chapter

Tiago Mata: Radical Economics as Journalism: The Origins of Dollars & Sense

Susan K. Schroeder: The Influence of the Review of Radical Political Economics: Insights on Selected Key Articles

What “Radical” Means in the 21st Century

Marlene Kim: What Is Radical Political Economics?

Review of Social Economy, 76 (3)

Alexander William Salter and Richard E. Wagner: Political entrepreneurship, emergent dynamics, and constitutional politics

C. W. M. Naastepad and Jesse M. Mulder: Robots and us: towards an economics of the ‘Good Life’

Carlos Ferreira and Jennifer Ferreira: Political markets? Politics and economics in the emergence of markets for biodiversity offsets

Katarzyna Cieslik: The quandaries of social entrepreneurship studies – a discursive review of the discipline

Andrew Mearman, Danielle Guizzo and Sebastian Berger: Is UK economics teaching changing? Evaluating the new subject benchmark statement

The Economic and Labour Relations Review, 29 (3)

Peter Saunders and Megan Bedford: New minimum healthy living budget standards for low-paid and unemployed Australians

Michael H Belzer: Work-stress factors associated with truck crashes: An exploratory analysis

Irene YH Ng, Yi Ying Ng, and Poh Choo Lee: Singapore’s restructuring of low-wage work: Have cleaning job conditions improved?

Farah Naz and Dieter Bögenhold: A contested terrain: Re/conceptualising the well-being of homeworkers

Annie Delaney, Yee-Fui Ng, and Vidhula Venugopal: Comparing Australian garment and childcare homeworkers’ experience of regulation and representation

Books and Book Series

The Development of Economic Thought: An Overview

by Joseph R. Cammarosano | 2018, Lexington Books

This book provides an overview or an introduction to the development of economic thought from the time of the early Greek and Roman writers to the mid-20th century. It provides a basic, no frills account of how economic ideas which were first cited by the early philosophers were later refined by the writings of the medieval schoolmen and still later by the contributions of the mercantilists and physiocrats. All these ideas were collected and synthesized by Adam Smith in his Wealth of Nations which provided the basis for economics as a formal subject of inquiry. From Smith’s magnum opus emerged the works of the classical economists, most notably, David Ricardo, Thomas Malthus, and John Stuart Mill. Their work was not left unchallenged by the Utopian Socialists, the Associationists, and other social reformers and most importantly by Karl Marx. Nevertheless, classical economics was not to be denied thanks to Alfred Marshall who succeeded in fusing the Austrians’ concept of utility on the demand side with the classicists’ cost of production on the supply side of the market to provide a new theory of value. He gave new life to the classicists with his Neo-Classicism, the basis for microeconomics, to be followed fifty years later by Keynes’ General Theory of Employment, Interest and Money and the ushering in of macroeconomics.

Please find a link to the book here.

The History of Economics - A Course for Students and Teachers

by Roger E. Backhouse and Keith Tribe | 2017, Agenda Publishing

Roger E. Backhouse and Keith Tribe present a broad introduction to the history of economic thought based upon courses they have taught for many years. Its main purpose is to provide an overview for students and teachers who have not had the opportunity of taking a course in the subject. The book is presented as a series of twenty-four lectures. Each lecture presents an outline of aims, a select bibliography, a chronology, an overview of between 3,000 and 4,000 words, and questions for further study or reflection.

Contemporary understanding of economic principles sheds little light on the manner in which past thinkers thought, so the student is provided with the much-needed context behind the development of ideas as well as being guided through the original writings of economists such as Smith, Jevons, Marshall, Robbins, Keynes, and others. The emphasis is on the broad developing stream of economic argument from the seventeenth century to the present, seeking to emphasize a diversity that is sometimes suppressed in more conventional textbooks, which tend to organize their histories into sequences of schools of thought. With many years of experience teaching economic thought, the authors have honed their presentation to the needs of those with no previous background in the subject, without sacrificing analysis or rigor. The book will be warmly welcomed by students and teachers alike.

Please find a link to the book here.

Book Reviews

Who's Afraid of John Maynard Keynes? Challenging Economic Governance in an Age of Growing Inequality

by Paul Davidson | 2017, Palgrave MacMillan

This is a book with many benefits. Davidson explains the importance of the market economy, and unveils how and why global financial crises occur when the liquidity of financial assets traded in the market, suddenly collapse.

70 years after Keynes’ death, in another era of financial crisis and economic slump, Keynes’ ideas have made a comeback within economic circles. Yet these ideas are not represented in contemporary government policy decisions. This book explains why Keynes’ ideas need to be used by political parties in order to restore global prosperity and close the gap between income and wealth inequality.

This book will is essential reading for researchers, practitioners, students and the wider public interested in an economic understanding of today's global economic problems.

Reviewed by James K. Galbraith: download the full book review here.

Heterodox Graduate Programs, Scholarships and Grants

History of Economics Society (HES): New Initiatives Fund

The History of Economics Society is happy to announce that the New Initiatives Fund is now accepting new submissions and proposals. Successful applications from the last circle are shown below.

Please find more information here.

Submission deadline 1 December 2018

Projects funded in the course of the last cycle:

José Edwards & Filipe Martin's proposal, The Historiography of Economics Journal Database Complement: 1969 - 2008: The main objective of this proposal is to create a complement for the historiography of economics journal documents indexed in the WoS collection. Once finished, the proposed complement, together with the already available dataset, will contain records for all documents in HOPE Volumes 1-50, HESB/JHET Volumes 1-40, EJHET Volumes 1-25, and HEI Volumes 1-26: a dataset comprising every document ever published in HOPE, HESB/JHET, EJHET and HEI since the beginnings of the history of economics as a separate subfield (50 years next year!), and including all available reference lists. This project was funded at $12,600.

David Bieri for the creation of the The August Losch (1906 - 1945) Online Archive. This project aims to create a consolidated, comprehensive online archive of the collected papers of the German economist and spatial theorist August Lösch (1906-1945), among whose most influential teachers and life-long mentors were Walter Eucken, Arthur Spiethoff, and Joseph Schumpeter. Key features of the online archive will include: (1) digitized manuscripts, papers, and transcribed correspondence; (2) original data sets collected by Lösch (firm-level micro data from the 1930s, historical macro time series for Germany and the US from 1870s to 1940); (3) the archive will also offer selected English translations of hitherto unpublished works. This project was funded for $5045.

Visiting Scholar at Princeton University on Religion & Economic Inequality (Princeton, 2018/2019)

18 August 2019 - 15 May 2020 | Princeton, USA

Princeton University’s Center for Theological Inquiry is now accepting applications from economists and other social scientists for a residential research semester or year (2019-2020) on the theme: Religion and Economic Inequality.

Growing disparities of income and wealth are a global concern.

While poverty is a critical issue, our interdisciplinary inquiry focuses on inequality itself, the effects that a difference in income and wealth makes. Theology, philosophy, and religious ethics rightly address the inequalities of status experienced in society. More attention needs to be given to the related issue of economic inequality and the normative questions it raises for the humanities, in dialogue with the sciences.

We invite proposals that relate scientific questions to our concern with the social and environmental impact of economic inequality.

For economists, what does extreme inequality do to an economic system? For sociologists, what is its impact on society? For political scientists, how does it affect political participation? For psychologists, what are its effects on personal wellbeing? How do the life sciences link it to public health? Is religion a variable in all these areas?

We invite proposals that connect the fundamental human concerns of the humanities with the economic reality of inequalities of income and wealth.

Does extreme economic inequality impair a basic sense of human dignity, equality, and belonging in society? Does it raise new questions for theology, philosophy, history, literary studies, or the arts? For example, should the world's religions consider economic inequality a moral issue, as they have poverty and wealth?

The Center of Theological Inquiry is an independent research institution in Princeton, NJ, with an interdisciplinary program for visiting scholars who welcome theology's dialogue with other fields. We convene research workshops, where resident members discuss their work in progress, before presenting it in a concluding symposium with Princeton University's Center for the Study of Religion. Members are provided with furnished short-term residences in Princeton to enable them to work at Luce Hall daily, Monday to Thursday. They over all other costs, including living expenses and utilities.

There are two workshops:

Please find more information here and a link to the application portal here.

Further inqueries may be directed to apply@ctinquiry.org

Application deadline: 1 December, 2018

For Your Information

INET's YSI Young Scholars Peer Review Project 2018

This is a call for contributions of Young Scholars interested in having their work reviewd by peers (and reviewing other's works).

A group of Young Scholars associated to the History of Economic Thought working group is trying to organize a collaboration system where each Young Scholar can receive comments in his or her working paper from another Young Scholar. Our idea is to help Young Scholars improved their work and to provide a peer review experience before submiting an article for a proper journal.

The idea is quite simple. We are going to exchange papers between Young Scholars, taking into consideration their interests. Young Scholars will have one month to write their comments. Than we send anonymously the reviews back to the authors.

We would like to invite all Young Scholars interrested in taking part on this project to send their papers to het@youngscholarsiniciative.org with the following information:

  1. Complete Name
  2. Affiliation
  3. Current position
  4. Areas of interests
  5. Possible languages (Spanish, Portuguese and/or English)

Please, send this submissions with the specific subject, "2018 Peer Review Submission”.We would just like to reinforce that papers in progress are more than welcome. The ideia is for helping people improve their work.

And we also would like to invite people interested only in commenting papers. In this case, just send an email tohet@youngscholatsinitiative.org with your personal information and the subject as "2018 - Peer Review Comments". Furthermore, people who register their papers will automatically be added as reviewers.

Submission deadline 30 September 2018.

RRPE Editorial Board 2018 election results

The selection results of the RRPE Editorial Board 2018 have been published here.

Work, Employment and Society Editorial Board

Work, Employment and Society is seeking 10 new members to join its Editorial Board and serve for three years from January 2019 to end of December 2021.

WES publishes research on the sociology of work and employment. Applicants are therefore asked to demonstrate a commitment to the general area of sociology as well as to specific areas of expertise. Editorial Board members are involved in reviewing submissions and advising the Editors on the strategic direction of the journal.

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 scholars 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 the link to the online application form are available here.

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.

Application deadline: 19 September, 2018 (17:00 GMT)