Heterodox Economics Newsletter

Issue 249 July 08, 2019 web pdf Heterodox Economics Directory

This issue of the Heterodox Economics Newsletter contains many items that may either enrich or ruin your summer vacation. For one, publishers are eager to fill up your suitcases with their recent publications. As a consequence our sections on recently published books and journal issues are more voluminous than usual. Within these sections, I found a series of interesting contributions, that surely merit further investigation. Among the things that caught my attention the most, are two books: one on the financial and economic crises of 1873 (see here) and another one that comes with the provocative claim to provide new bridges between social and natural science by taking the latter more seriously (see here). Especially the book on the 1873 crisis provides some relief as, in my view, this crisis is of great historical importance and pedagogical value, but is nonetheless often assigned a minor role in the study & teaching of economic history.

Having said this, I wanted to add that this Newsletter also won’t leave you disappointed, if you prefer to spend some time writing your own contributions instead of reading what others contribute. Among the recent Calls for Papers you will find not only a series of interesting invitations to academic conferences, but also nearly half a dozen Calls for Special Issues in a variety of heterodox economic journals.

Finally, if you prefer to really chill out – and, hence, neither read or write too much – my personal recommendation is to listen to some recent podcasts on the history of economic thought. Probably, there is no better way to relax for a heterodox economists than to walk into a bar jointly with Adam Smith and Karl Marx (see here, but also here).

All the best,


© public domain

Table of contents

Call for Papers

150 Years Rosa Luxemburg: New Perspectives on Her Life, Work, and Impact (Berlin, Mar. 2020)

5-6 March 2020 | Berlin, Germany

In preparation for the 150th birthday of Rosa Luxemburg on March 5, 2021 the Rosa-Luxemburg-Stiftung is preparing a conference which should present new perspectives on the life, works, and impact of one of the most important personalities in German history, especially of the political left in Germany. What is the value Luxemburg’s works have until today? What are the theoretical questions that have so far not been sufficiently addressed? What elements of Luxemburg’s life resemble the political developments of the German Kaiserreich (1871-1918), and which reflect the situation of politically active women in this period? All in all this conference intends to determine the significance of Rosa Luxemburg for political theory, the historical research about the German Kaiserreich, and the political discourse within the Left.

Scholars - especially young colleagues who are currently at the start of their scientific careers and represent young academia - are asked to submit a
proposal for a presentation of 15 minutes, which should address one of the three following topics:

  1. Life of Rosa Luxemburg: Breaks and changes? Companions and comrades?
  2. Work of Rosa Luxemburg—preferably in relation to other politicians of the German Kaiserreich: Influences? Enmities? Activities?
  3. Impact of Rosa Luxemburg: Perception? Interpretation? Commemoration?

Coordination of the conference: Prof. Dr. Frank Jacob (Nord Universitet, Norway) and Dr. Jörn Schütrumpf (Historical Center of the Rosa-Luxemburg-Stiftung).

A short proposal (max. 350 words) together with a short biography should be submitted to Frank Jacob and Joern Schuetrumpf.

Submission deadline: 31 July 2019

2020 International Conference: Visions of Labour & Class (Dublin, Sept. 2020)

24-27 September 2020 | Dublin, Ireland

In addition to three keynote speakers, the conference will include the 2020 Constance Markievicz Lecture, a ‘Voices of Experience’ session, papers from young scholars and social events. The Irish Labour History Society (ILHS) is seeking to include a broad range of speakers (including established scholars, early career academics, postgraduate students and worker historians) for the Conference’s various panels and is calling for papers addressing any of the following themes:

Please submit an abstract of no more than 300 words and a short biographical note to: secretary@irishlabourhistorysociety.com.

There will be a number of travel and accommodation bursaries available for those whose abstracts are accepted. The original call can be found here.

Submission deadline: 21 July 2019

2nd International Conference on Heterodox Economics: 100th Birthday of Hyman Minsky and Robert Heilbroner (Bogota, Nov. 2019)

13-15 November 2019 | Bogota, Colombia

The School of Economic Sciences of the Universidad Nacional de Colombia is known for its critical spirit, its multidisciplinary view of the economy, and its openness to different economic traditions. In 2010, the school successfully organized the First International Conference on Heterodox Economics, which had as keynote speakers Professors Marc Lavoie Ph.D. and Malcolm Sawyer M.Sc. who gave lectures on topics of heterodox macroeconomics. This year the school is organizing a Second Conference in Heterodox Economics because 2019 is an important date for the economy as a discipline.

This year marks the 100th birth anniversary of Robert Heilbroner and Hyman Minsky. Heilbroner is an author who influenced the discipline in different subjects, but especially in the history of economic analysis with his book “The Worldly Philosophers” published in 1953, which is still a reference in the area of the history of economic thought. He also contributed to different discussions as his work on macroeconomic issues such as the deficit with his work with Peter Bernstein “The debt and the deficit: false alarms/real possibilities” (1989) among other books and articles.

On the other hand, Hyman Minsky is one of the most influential authors from the post Keynesian tradition. His books, “John Maynard Keynes” (1975) and “Stabilizing an Unstable Economy” (1986) are a reference for those interested in issues of financial macroeconomics and development. In these books and several articles, Minsky developed his theory of the "Financial Instability Hypothesis," which presents the effects of securitizations and deregulation in the financial system. He also worked on topics related to poverty and development focusing on the importance of the State in guaranteeing jobs for those who are willing and able to work for overcoming the problems of instability and poverty in an economy.

2019 is also important because it marks the tenth anniversary of the lowest point of the economic cycle of the CFG, which was reached in June 2009. This crisis had an impact on different economic policy issues, and it also brought the discussion about the teaching of economics into question. Currently, the U.S. academia is witnessing a debate between a "new" approach within the heterodox economic analysis, the Modern Monetary Theory (MMT), and the dominant approach to economics. This debate is not only of interest to academia in the United States, but it is also crucial for developing countries. Monetary sovereign states must discuss their possibilities and realities to use the arsenal of economic policy tools to confront the different socioeconomic and environmental issues that societies currently face.

For Colombia, this discussion is also relevant, after three years of having signed the peace agreement continues to grapple with the question of how to finance the points presented in that agreement and the different economic restrictions to carry it out. A discussion from a non-conventional view is necessary for the Colombian academic circle. This event seeks to bring a new approach and to contribute to the debate on these issues for Colombia and other countries.

For this reason, this call for papers invites contributions on topics related, but not limited, to the following subjects:

Keynote speakers:

They will talk on topics related to Modern Monetary Theory (MMT), financial macroeconomics, and development.

Submissions of summaries of proposals for panels or articles in Spanish or English (maximum 700 words for panels that must include an abstract of the panel and the papers in it, and 250 words for individual documents) to the email dieguevarac@unal.edu.co or gcombitam@unal.edu.co. Submitted proposals must have the author's name, contact email, and affiliation (accepted undergraduate student proposals will be presented in a special session).

Submission deadline: 30 August 2019

7th Latin American Conference of the History of Economic Thought on "Promoting History of Economic Thought in Latin America: richness, limits and challenges" (Curitiba, Nov. 2019)

20-22 November 2019 | Curitiba, Brazil

The deadline for the 7th Latin American Conference of the History of Economic Thought on "Promoting History of Economic Thought in Latin America: richness, limits and challenges" has been extended to 15 July 2019.

Bentham’s Political Economy on "Happiness - enjoyment - not money, is or ought to be the ultimate object of the legislator’s care" (London, Dec. 2019)

16-17 December 2019 | London, UK

The philosopher and reformer Jeremy Bentham (1748–1832) is celebrated as both the founder of classical utilitarianism and a profound theorist of law. Despite his seminal treatment of rationality as cost–benefit analysis, and his recognition of the phenomenon of diminishing marginal utility however, he is often either overlooked altogether in histories of economic thought, or relegated to the status of a footnote. The Bentham Project and UCL Faculty of Laws are therefore delighted to announce a conference, to be held on 16–17 December 2019, on Bentham’s Political Economy.

The Bentham Project is grateful to the Leverhulme Trust for funding the conference, and for their generosity in funding editorial work on the final three of five volumes comprizing Writings on Political Economy, a major sub-project in the new authoritative edition of The Collected Works of Jeremy Bentham. We are also grateful to the Economic and Social Research Council, whose earlier grant supported the editing of the first two volumes.

A non-prescriptive list of some of the questions which papers might explore is as follows: ‘What sort of political economist (if any) was Bentham?’; ‘What is the place of political economy in his art and science of legislation?’; ‘What are the similarities and differences between the political economy of Adam Smith and that of Bentham?’; and ‘What influence, if any, did Bentham have on the development of classical and neo-classical political economy?’

Speakers at the conference will include:

Proposals for for papers on any aspect of Bentham’s political economy in the form of 300-word abstracts, should be sent to Dr Michael Quinn . Please also direct any other queries about the conference to the same address. It is anticipated that registration for the conference will open in August 2019.

Submission deadline: 31 August 2019

Bulletin of Political Economy: Special Issue on "Monetary Policy and Structural Change"


The Bulletin of Political Economy is hosting special issue on ‘Monetary Policy and Structural Change’, with guest-editors, Louis-Philippe Rochon and Guillaume Vallet. Established in 2007, the Bulletin of Political Economy is edited by Enrico Sergio Levrero and Lefteris Tsoulfidis.

For more information about the journal, see here.

The purpose of the special issue on monetary policy and structural change is to analyze the impact of monetary policy, meaning changes in the rate of interest but also changes in other tools (exchange rate, monetary base and so on), on economic/productive structures and on the way the real economy functions.

In standard neoclassical theory, monetary policy has no permanent effect on the real economy, as money and policy are neutral in the long run. Even in Keynesian New Consensus models, the purpose of monetary policy in an inflation targeting regime is to eventually get to a neutral stance, at a natural rate of interest.

For some heterodox, however, monetary policy not only has short-term real effects, but it can also have important structural impacts on how the economy operates over time. Monetary policy is likely to entail hysteresis effect, triggering path dependency phenomena. This explains why a growing literature insists on the role of central banks towards climate change, or social inequalities (income distribution, gender, etc.) for instance.

Likewise, since structural change refers to the lasting transformation of societies at large, several analyses in sociology, in history or in political science have focused on the role central banks play in the long run with respect to the functioning of democracy and of the whole social process underpinning the evolution of societies.

Therefore, the purpose of this symposium is to explore how monetary policy and central bank policies overall can have lasting effects on economic activity, and the structure of such activities. This special issue welcomes contributions in economics but also from other social sciences.
We will be publishing 5 articles, of approximately 8000 words each.

For more information, please send emails to Louis-Philippe Rochon and Guillaume Vallet.


Cahiers d’économie politique/Papers in political economy: Special Issue on "Economics and the Environment since the 1950s: History, Methodology, and Philosophy"

Environmental concerns emerged in the field of economics during the 1950s. Some economists had focused on these issues before, but it was not until then that the environment 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 and its harmful effects, such as the first smog in Los Angeles or the chemical contamination of Minamata Bay.

This special issue is devoted to the contemporary history of environmental economic thought, and to the transition from the marginal specialization of a few pioneers to an established academic field. This new field has however branched into separate theoretical approaches: environmental economics, which partly grew out of the new welfare economics and distinguished itself from the economics of natural resources; and ecological economics which has been inspired by ecology while trying to develop new analytical tools. This evolution thus raises important issues from different perspectives: economic theory (e.g., the concepts and analytical frameworks used), philosophy (e.g., the status given to nature, the weight given to future generations) and policy (e.g., the way new environmental policies finally prevail).

Contributions to the special issue could focus on the following issues:

Papers, in French or English, that focus on these issues from a historical perspective, from the 1950s onwards, are welcome. The special
issue will be published by the French journal Cahiers d’économie politique / Papers in Political Economy (Hermann ed.) at the end of 2020.

Anonymous proposals (maximum 10,000 words) need to be sent to wscep2019@gmail.com, with name, institution, abstract (maximum 700
words) and three keywords on a separate page.

Please find the original call here.

Submission deadline: 1 November 2019

Cambridge Journal of Economics 2020 Conference (Cambridge, Sept. 2020)

8-9 September 2020 | Cambridge, 2020

The Cambridge Journal of Economics 2020 conference is to be held at Newnham College, Cambridge. The conference will provide a forum for the presentation of work that advances heterodox economics. The conference will be held on 8 and 9 September 2020. There will be a conference dinner on the evening of 8 September 2020.

Submissions of abstracts (maximum 500 words) are welcomed in any area of heterodox economics and related social science disciplines. The conference is looking to cover a broad range of topics including the following themes:

Submissions of abstracts (maximum 500 words) are welcomed in any area of heterodox economics and related social science disciplines. The conference organisers are particularly interested to receive submissions that relate to the themes listed above. Submitted abstracts will be considered by the Editorial Board of the Cambridge Journal of Economics.

Please find the original call here.

Submission deadline: 6th January 2020

Communication, Capitalism & Critique (tripleC): Special Issue on "Digital/Communicative Socialism"

tripleC’s special issue explores perspectives on the digital and communicative dimensions of socialism today.

In the intellectual realm, the socialist debate has e.g. resulted in the vision of the renewal of a class-struggle social democracy (by Jacobin-editor Bhaskar Sunkara in the book The Socialist Manifesto: The Case for Radical Politics in An Era of Extreme Inequality) or the vision of fully-automated luxury communism (formulated by Novara Media’s Aaron Bastani in the book Fully Automated Luxury Communism). Such contributions show that for a renewal of socialism, we need intellectual and theoretical foundations that inform class struggles in digital/communicative capitalism. There were earlier contributions to the discussion of computing and socialism, such as André Gorz’s notion of post-industrial socialism, Radovan Richta’s work on the role of the scientific and technological revolution for democratic communism, Autonomist Marxism’s readings of Marx’s “Fragment of Machines”, Fernando Flores’ and Stafford Beer’s roles in Chile’s Project Cybersyn during the Allende presidency, Norbert Wiener’s and Joseph Weizenbaum’s reflections on a humanistic instead of an imperialistic and instrumental use of cybernetics and computing, etc.

The special issue seeks contributions that address one or more of the following questions:


What is socialism today? What are the communicative and digital dimensions of socialism today? What is communicative/digital socialism? What theoretical approaches and concepts are best-suited for understanding digital/communicative socialism today? Does it or does it not make sense to distinguish between digital/communicative socialism and digital/communicative communism? Why or why not?


What are the contradictions of digital capitalism? How does digital/communicative socialism differ from and contradict digital/communicative capitalism?


What lessons can we draw from the history of socialism, communism, social democracy and Marxist theory for the conceptualisation and praxis of digital/communicative socialism today?


Socialism is a universalist and internationalist movement. What are the international(ist), global dimensions of digital/communicative socialism today.

Praxis and class struggles

What strategies, demands and struggles are important for digital/communicative socialism? How can socialism today best be communicated in public? What class struggles are there in the context of communication and computing? What are the roles of communication and digital technologies in contemporary class struggles for socialism? What is the role of social movements, the party and trade unions in the organisation and self-organisation of digital and communication workers’ class struggles for socialism? How should socialist class politics, unions and strikes look like today so that they adequately reflect changes of the working class and exploitation in the age of digital capitalism? What is a digital strike and what are its potentials for digital socialism?

Abstracts can be submitted per e-mail to Christian Fuchs, using the form published here. Please do not make submissions that omit a completed form.

Please find the original call with further information here.

Submission deadline: 15 July 2019

IPC Conference on "Exploring the Dimensions of Refugee Inclusion" (Istanbul, Nov. 2019)

28-29 November 2019 | Istanbul, Turkey


Political, economic, and societal actors shape the processes through which refugees become part of the receiving society, including in education, the labor market, or health system. While state actors remain crucial in creating the legal and administrative structures that permit or deny refugees access to rights, state power is being progressively redeployed in favor of multi-level governance processes affecting refugee inclusion.

Transnational and international organizations then become key actors in shaping governance agendas and financing public services, which are often implemented and administered by NGOs and local municipalities. Furthermore, economic actors, such as private enterprises or trade organizations, play a role in integrating refugee workers into their local and global production networks.

At the micro level, the perceptions, interests, and strategies of refugees themselves play a crucial role regarding their access to education, employment, and wider social services. Beyond the liberal discourse of the new migrant as a useful and adaptable worker as well as the logic of victimization prevalent in NGO’s interventionism, refugees are also active providers of support and solidarity and creators of networks and shared spaces.

From this perspective, it is crucial to examine how migrants develop processes of inclusion and participation from the bottom up. While these various levels interact in complex ways, they may be mutually reinforcing or contradicting each other in line with an orientation towards the composite and impure character of governance (4). For example, states may seek alliance with certain NGOs to include civil society into the process of refugee inclusion.

In contrast, uncertain regulatory frameworks in between national and international bodies of law, characterized by the overall lack of transparency and unpredictability, may similarly hinder processes of inclusion. Further, migrants’ strategies, practices, and desires continue to clash with logistical rationalities of the governance systems and state infrastructure that manage the inclusion of refugees into the labor market (5), while refugees struggle to translate their body power into valued labor (6). Hence, recent literature highlights the agency of refugees within wider macro-social structures based on ideologies, religion, class, gender, or ethnicity (7). This has been accompanied by an emerging view of migration as a creative force within economic and social structures beyond the duality between the new economics of migration versus humanitarianism.

Conference Targets

This conference aims to explore the structural, institutional, and strategic determinants of refugee inclusion into various domains of host societies. We welcome applicants working on the overarching topic of refugee inclusion in the context of forced migration focusing on but not limited to Turkey and the Eastern Mediterranean region. In particular, we invite theoretical and empirical contributions that reflect on one or more of the following questions:

Applicants are invited to submit an abstract of max. 250 words and a short bio of max. 250 words (in English) to migrationcon@sabanciuniv.edu.

Please find further information here and the original call here.

Submission deadline: 15 August 2019

International Confederation of Associations for Pluralism in Economics Conference: Policy, Politics and Pluralism: Pluralistic economics for the post-Trump era (San Diego Jan. 2020)

05-06 January 2020 | San Diego, USA

As the 2020 elections are approaching, it is an opportune time for heterodox economists to articulate their vision for modern economic policies that would better serve the interests of people and the environment. Already, heterodox ideas are gaining traction, from Modern Monetary Theory to the Green New Deal.

ICAPE, the International Confederation of Associations for Pluralism in Economics, is committed to a broad, pluralistic approach to economics. Founding member associations include the International Association For Feminist Economics (IAFFE), the Union for Radical Political Economics (URPE), the Association For Evolutionary Economics (AFEE), the Association For Institutional Thought (AFIT), and the Association for Social Economics (ASE). Submissions from members of these organizations are particularly welcome, as are submissions from any economist committed to a pluralistic approach to the discipline.

All work from all strands of heterodox economic theory, including evolutionary, ecological, complexity, institutional, feminist, Austrian, Marxian, Sraffian, Post-Keynesian, behavioral/psychological, social, radical political, critical realism, agent-based modeling, and general heterodox economics is required. There is also interrest in research from any of the perspectives listed above, and research by mainstream economists open to incorporating a pluralistic approach and particularly interest in material from graduate students, sessions on pluralistic teaching, and material on the state of pluralism in economics.

Find further Information on registration, costs and time schedule here.

For Paper submissions click here.

Submission deadline: 4 September 2019

International Conference on Economic Theory and Policy (Tokyo, Sept. 2019)

15-17 September 2019 | Tokyo, Japan

This year's International Conference on Economic Theory and Policy will take place at Meiji University, Tokyo, on 15-17 September 2019.

Keynote Speakers of this year:

To learn more about the September conference, you can visit the website of Past Conference here.

For those who want to join our conference and present a paper at our September conference, please send your abstract(between 200 words and 500 words) with your name, your affiliation and contact address to confyagi@meiji.ac.jp

We will send you the notification of acceptance, basically within one week after your submission of abstract, in order that the participants can prepare for their travel to Japan.

For those who need VISA application, please contact confyagi@meiji.ac.jp or yagi8@meiji.ac.jp after submitting your abstract.

Please find further information here.

Submission deadline: 20 July 2019

Palgrave Studies in Institutions, Economics and Law invites submissions for book proposals

Law and Economics is an interdisciplinary field of research that has emerged in recent decades, with research output increasing dramatically and academic programmes in law and economics multiplying. Increasingly, legal cases have an economic dimension and economic matters depend on rules and regulations. Increasingly, economists have realized that “institutions matter” because they influence economic activities. Increasingly, too, economics is used to improve our understanding of how institutions and how legal systems work. This new Palgrave Pivot series studies the intersection between law and economics, and addresses the need for greater interaction between the two disciplines.

Those who are interested can write Alain Marciano and Giovanni Ramello.

Research in Political Economy: Special Issue on "Capital Accumulation and the Commodification of Animals"

Although vast amounts of scholarly writing have been produced concerning the dynamics of capitalism and environmental devastation, less attention has been paid to the depredation and exploitation of animals related to profit-making.

It is a truism to say that, capitalism commodifies anything it can in order to make a profit. That includes all aspects of nature and life (including human life). Non-human animals have been commodified in many ways including as livestock of various types (cows, pigs, chickens) on factory farms. Throughout the history of the spread of the world capitalist system, their exploitation and commodification has been intensified: some species have been hunted to extinction or near extinction for their fur (beaver, otter), for their ivory (elephants, rhinoceros), for their purported medicinal properties (pangolins). They have been used as work animals in a type of slave-like situation, including elephants in India, donkeys and horses throughout the world, camels in the Mid-East and dogs for pulling sleds. They are hunted as trophies and are part of the international trade in exotic animals, such as parrots, tigers, and bears. Although the exploitation of animals occurred in the ancient world, and most especially during the period of early states, the depredations accelerated after the beginning of what Jason W. Moore called the “Capitalocene”, i.e. since the 16h century, which Immanuel Wallerstein identified as the beginning of agrarian capitalism and the birth of the world capitalist system.

This special issue calls for papers that address one or more of the following topics:

  1. How hunters, in the interests of profit-making, decimated fur-bearing animals over historical time, both in Europe and in the Americas over historical time.
  2. How hunters, also in the interests of profit-making, have led to the extinction of certain species of rhinoceros and to the immense decline of other species of rhinoceros and elephants in Africa since at least colonial times. And how bison in North America were hunted to near extinction in order to deprive Native Americans of their livelihood and make it easier to separate them from the lands on which they lived.
  3. How trafficking in exotic animals (parrots, tigers, etc.) is related to the degradation of ecosystems and systematic cruelty toward living beings.
  4. How the cruelty on factory farms is based on the commodification of animals and a lack of sensitivity to their well-being.
  5. How mining and deforestation caused by factory farming has and is destroying the habitat for many non-human animals.
  6. How cruel experiments on animals feed into the profit-making of pharmaceutical and other corporations.
  7. How these phenomena are related to efforts at capital accumulation, and related as well to the dehumanization and commodification of everything.

Submissions of full manuscripts should be sent toTamar Diana or Paul Zarembka and are double-blind, peer-reviewed. Proposals before November 15, 2019, are desired. Word counts should be limited to 15,000. The Research is an annual hardback series published since 1977. Access here.

Submission deadline: 15 November 2019

Review of Radical Political Economics: Special Issue on "Gender and Radical Political Economics"

2021 will be the 50th anniversary of the formation of the Union for Radical Political Economics Women’s Caucus. Since 1972, the Review of Radical Political Economics has published six special issues that directly address women or gender and radical political economics. As Mutari suggests in the last special issue, these volumes have had three main purposes: to document the diversity of women’s experiences, to use these experiences as tools for critique of the mainstream, and to showcase the development of alternative feminist analytical concepts.At this juncture it is as important as it has ever been to center gendered power relations in our scholarship about capitalism and to address these goals once again. With this new special issue, we are seeking articles that contribute to these goals and that provide feminist empirical analysis or theoretical advances in intersectionality and stratification in ways that are globally relevant and inclusive. The following list presents a set of topics that could be included in the special issue, but we welcome all contributions that are relevant to gender and radical political economics.

Proposed Topics

Please submit your manuscript here. When asked what “type” of manuscript you are submitting, please check the box that says, “Gender and Radical Political Economics.” For questions, or if you are planning to submit a paper for the special issue, please contact Shaianne Osterreich as soon as possible.

Please find the original call here and further information here.

Submission deadline: 1 July 2020

The Japanese Political Economy calls for submissions

The Japanese Political Economy has now been rejuvenated and renewed with a new Editor, new Co-editors and new international Editorial Board. It continues Japanese Economic Studies; a leading journal published continuously since 1972. Robert Rowthorn, Makoto Itoh, Diane Elson, Jayati Ghosh, C. P. Chandrasekhar, Costas Lapavitsas, Engelbert Stockhammer, François Chesnais, Tomoo Marukawa, James Heintz, Richard Westra, and Robert Albritton have contributed to the first five issues of the renewed JPE. All the abstracts and free introductions are available on the website.

The Japanese Political Economy is now inviting submissions on following topics:

  1. Broader economic theories (including Political economy, Marxian, Heterodox, Keynesian, Evolutionary, Institutional, Developmental, and Feminist Economics).
  2. Historical analyses of capitalism (including stages of capitalist development, analyses of world system changes).
  3. Theoretical and empirical explorations of current political-economic issues, including studies of Japan and the global and Asian economies (such as crisis, financial instability, socialism, gender, environment and climate change, poverty and income inequality, unemployment, an ageing population, industrialisation of Asia).

Submissions should be sent to the editor Nobuharu Yokokawa.

Call for Participants

NEA-ASHE Summer Conference on "Freedom and Justice: Community and Nation Building" (New Mexico, Aug. 2019)

8-10 August 2019 | New Mexico, USA

The preliminary program for the upcoming NEA-ASHE Freedom and Justice summer conference at the University of New Mexico, Albuquerque, August 8-10th is now available online. The Freedom and Justice Conference is an interdisciplinary social justice conference that attracts a small group of scholars who are dedicated to discussing pressing economic problems and their solutions for communities of color.

The registration link is on the NEA website. The regular conference fee is $125 or $50 for students and UNM affiliates. The grad student registration code is STUDENT2019 and the affiliate code is UNM2019. Conference registration fee includes lunch both conference days.

The Embassy Suites Downtown is the conference hotel with a rate of $126 per night. You should reference the UNM Center for Social Policy to receive the discounted hotel rate. Please find a link to the hotel here.

Registration deadline: 15 July 2019

Conference Papers, Reports, and Podcasts

"Smith and Marx Walk into a Bar: A History of Economics Podcast" has reached Episode 20

Co-hosts Scott Scheall, Gerardo Serra, and Carlos Eduardo Suprinyak discuss a few recent additions to the literature in the history of economic thought. Topics include the intellectual relationship between David Hume and Jean-Jacques Rousseau, the visit of a delegation of radical American economists to Mao's China during the Cultural Revolution, and the evolution of the structuralist research program in Latin American monetary economics.

Please find the podcast online here. A list of all past episodes can be found here.

Ceteris Never Paribus: Episode 14 with Maria Bach on Indian Economics in the late 19th century

In this episode, Reinhard talks with Maria Bach about her PhD thesis Redefining universal development from and at the margins: Indian Economics’ contribution to development discourse, 1870-1905. We discuss her interest in Indian economic thought, her methodological approach of Positive Discourse Analysis, the development of the Indian economy and of Indian economics in the second half of the 19th century. Maria describes how Indian Economics was influenced by the Indian economic experience and the policy they recommended for Indian development. A focus in the discussion is on the distinct concept of development, which Indian economists developed. In Maria's thesis, she focuses on three Indian economists: Dadabhai Naoroji, Mahadev Govind Ranade, and Romesh Chunder Dutt. They are also the main protagonists in our discussion

Maria Bach is an Assistant Professor in the Economics Department at the American University of Paris. She has recently finished her PhD at King’s College London in International Political Economy. In her thesis, she analyses how Indian Political Economists constructed an idea of development at the turn of the 19th century. Before starting her PhD, Maria was a consultant at the Organisation for Economic Cooperation and Development (OECD) in Paris working on a project entitled New Approaches to Economic Challenges. Maria completed her MSc in Development Economics in 2012 at the School of Oriental and African Studies (SOAS) and her BA in International Economics and Applied Mathematics at the American University of Paris in 2011. And Maria is a co-host of Ceteris Never Paribus: The History of Economic Thought Podcast.

Please find more information and a link to listen to the episode here.

Job Postings

King’s College London, UK

Job title: 12-month AEP lecturer in International Political Economy with specialism in European Political Economy

The College wishes to appoint an Academic Education Pathway (AEP) Lecturer in International Political Economy (IPE), hosted by the Department of European & International Studies (EIS). The appointee will hold a Ph.D, be an excellent teacher, able to enthuse, educate and support our undergraduate and postgraduate students. Apart from general teaching in IPE, the appointee must be able to deliver research-informed teaching on the political economy of the EU and European political economy as well as on finance and financial crisis. The appointee must be able to supervise Undergraduate and MA dissertations and be able to line-manage Graduate Teaching Assistants. The appointee will have published, or have the potential to publish, work of the highest quality with leading publishers.

Please find the original posting as well as a link to apply here.

Application deadline: 27 July 2019

SOAS University of London, UK

Job title: Lecturer in Economics

The Department of Economics and the School of Interdisciplinary Studies (SIS) invite applications for the post of Lecturer available from 1st September 2019. We are looking to recruit a talented economist with an excellent research record or outstanding research potential, and knowledge of pluralist methodological approaches. S/he will be expected to teach courses on ‘Institutions and Governance’ and ‘Political Economy of Institutions’ at the MSc level in the Department of Economics. S/he will also convene the MSc programme ‘Global Corporations and Policy’ (on-campus and on-line) and contribute to teaching on modules on ‘International Economics’ and ‘Multi-national Corporations in a Globalising World (on-campus and online) to non-economists in the Centre for International Studies and Diplomacy, a part of SIS. Teaching and research expertise in pluralist economic perspectives or on the economies in the regions that SOAS covers would be an additional advantage.

Skills and experience

You will have a PhD in Economics and a strong record of (or potential for) excellence in research and REF-relevant publications. Additionally, you will show an enthusiasm for teaching and an interest in the mission of SOAS, the Department of Economics and the Centre for International Studies and Diplomacy.

To apply follow this link. For an informal discussion regarding the role, please contact Dr Ulrich Volz, or 020 7898 4721

Application deadline: 16 July 2019

The Open Universtiy, UK

Job title: Post-doc: Political economy of care of and by separated child migrants

The Open University is seeking to appoint a highly motivated Post-Doctoral Research Associate to work on a project titled ‘Between protection and exclusion: Separated child migrants’ care relationships and caring practices.’ The project is funded by the Economic and Social Research Council.

This project has three work packages:

  1. To investigate how separated child migrants in England make sense of care relationships and caring practices; both the care they provide and receive,
  2. To investigate how adult stakeholders involved in the care of separated child migrants in England make sense of and value care relationships and caring practices and
  3. To undertake an analysis of the cultural political economy of care for and by separated child migrants.

The successful candidate will play a full role in the design, execution and dissemination of the project. Specific duties will mainly focus on work packages 2 and 3 and involve analysing critical political economy of the immigration-welfare nexus in the UK as it pertains to separated child migrants’ caring practices and care relationships. This includes analysis of media, policy, and the multi-scalar distribution and organisation of networks, actors, institutions and resources flows. Other responsibilities will include, but not be limited to, conducting semi-structured interviews/focus groups with adult stakeholders, qualitative data analysis, updating and maintaining research project websites, engaging in social media and communications activities, as well as academic and public dissemination.

The successful candidate should have completed a PhD in critical political economy or a relevant field of expertise such as cultural political economy, feminist political economy, economic sociology or other disciplines bearing on the study of markets, politics and economic development that could be applied to care, migration and/or childhood.

To apply, complete the short application form and send this to us with a copy of your CV and Cover Letter (explaining how you meet all the criteria of the Person Spec) to Resourcing-Hub@open.ac.uk. Please ensure you quote the vacancy reference number 16222

Please find the original job posting with further information here.

Application deadline: 10 July 2019 (12:00)

UWE Bristol, UK

Job title: Senior Lecturer in Economics

UWE is making strategic appointments to strengthen and expand its already high-performing subject groups. As such, the Department of Accounting, Economics and Finance is seeking to appoint a Senior Lecturer in Economics.

The focus of this role is to support the overall teaching delivery to achieve outstanding learning outcomes for our students and engaging in scholarly or professional activity to enhance the design and delivery of curriculum development.

The department promotes pluralism in economics research and teaching. We have people researching post-Keynesian, institutional, ecological as well as neoclassical economic perspectives. The Economics Group has adopted an ethos of relevant economists doing relevant economics and the Group's ethos extends to our philosophy of teaching.

This appointment is specifically designed to reinforce the group's ability to deliver a research-informed curriculum. In particular we seek applicants who already are, or have potential to be, inspirational researchers and teachers in the field of quantitative methods.

As well as being a passionate teacher who seeks to enable students to develop and become informed, practical economists, you should also have a strong academic research record, or potential to do so. Our programmes are academically challenging and vocationally relevant.

To succeed in this role it is expected that you will have:

If you would like an informal discussion, please contact Damian Whittard via mail or at +44(0)1173287140.

Please find the original job posting with further information here.

Application deadline: 14 July 2019


Call for Nominations: History of Economic Society Best Conference Paper by a Young Scholar Award

The History of Economics Society instituted in 2017 a new award for the Best Conference Paper by a Young Scholar.

Papers are eligible if (1) they were presented at the HES annual conference, and (2) the author qualifies as a Young Scholar: anyone who at the time of the conference is a student or anyone who received their PhD after January 1 of the second year prior to that of the HES meeting (for example, Jan. 2017 for the 2019 HES meeting).

The award is not limited to those that received Young Scholar funding for the conference. Anyone who qualifies as a Young Scholar is eligible. Self nominations are accepted.

Please send submissions to hes@uwosh.edu with Best Conference Paper by a YS in the subject line. Previous winners can be found here.

Submission deadline: 1 September 2019

Winner Announcement: EAEPE-EMAEE young-scholar prize for the “Best Political Economy Paper”

This year’s first EAEPE-EMAEE young-scholar prize for the “Best Political Economy Paper” was awarded ex-aequo to:

The prize was handed over by our Scientific Development Plan Officer and Research Area Coordinator Marco Raberto (see photo attached) at the EMAEE2019 conference at the University of Sussex (SPRU), see here for details about the conference.

Winner Announcement: Guggenheim Prize in the History of Economic Thought 2019

The Guggenheim Prize Committee is pleased to announce that, as a tribute for his major contribution to the History of Economic Thought, Professor Alessandro Roncaglia, of The Faculty of Economics at Sapienza University of Rome, has been chosen as the winner of the Guggenheim Prize in the History of Economic Thought for 2019.

Prof. Roncaglia was preceded by Prof. Bertram Schefold in 2009, Prof. Sam Hollander in 2011, Prof David Laidler in 2015 and Professor Duncan K. Foley in 2017.

The Guggenheim Prize Committee at Ben Gurion University of the Negev, Beer-Sheva, Israel

Winner Announcements: ESHET Awards

Gilles Dostaler Award

Raphael Fèvre, Visiting Fellow, Department of Politics and International Studies, University of Cambridge
“Denazifying the Economy: Ordoliberals on the Economic Policy Battlefield (1946-50)”, History of Political Economy, 2018, 50(4), pp. 679-707.

Best Article Award

Mauro Boianovsky, Universidade de Brasilia
“Beyond Capital Fundamentalism: Harrod, Domar and the History of Development Economics”, Cambridge Journal of Economics, 42:2 (2018).

Best Book Award

Arnaud Orain, University Paris 8, Institut d’études Européennes
La politique du merveilleux. Une autre histoire du Système de Law, Paris: Fayard, 2018

Young Researcher Award

Carlos Eduardo Suprinyak, Associate Professor, Federal University of Minas Gerais


Cambridge Journal of Regions, Economy and Society, 12 (2)

Kevin Morgan and Pedro Marques: The Public Animateur: mission-led innovation and the “smart state” in Europe

Matthijs J Janssen and Koen Frenken: Cross-specialisation policy: rationales and options for linking unrelated industries

Mariachiara Barzotto, Carlo Corradini, Felicia M Fai, Sandrine Labory, and Philip R Tomlinson: Enhancing innovative capabilities in lagging regions: an extra-regional collaborative approach to RIS3

Patrizio Bianchi and Sandrine Labory: Regional industrial policy for the manufacturing revolution: enabling conditions for complex transformations

Jennifer Clark and Marc Doussard: Devolution, disinvestment and uneven development: US industrial policy and evolution of the national network for manufacturing innovation

Alkis Theonas Pitelis, Nicholas Vasilakos, Konstantinos Chalvatzis, and Christos N Pitelis: Can industrial policy foster innovation in renewable energy technologies in the OECD and in EU regions?

Michael Kitson: Innovation policy and place: a critical assessment

Capital & Class, 43 (2)

Thanasis Maniatis and Costas Passas: The net social wage in different welfare regimes

Steven Bittle and Lori Stinson: Corporate killing law reform: A spatio-temporal fix to a crisis of capitalism?

Gareth Mulvey and Neil Davidson: Between the crises: Migration politics and the three periods of neoliberalism

Bartosz Mika: Transgressing between consumption and production: Materialistic outlook on the digital labour of prosumers

David Ian Benbow: Juridification, new constitutionalism and market reforms to the English NHS

Richard Wells: Teaching austerity to working-class students: Toward a new ‘common sense’

Capitalism Nature Socialism, 30 (2)

Johannes Euler: The Commons: A Social Form that Allows for Degrowth and Sustainability

Symposium on Socialism and Degrowth

Diego Andreucci and Salvatore Engel-Di Mauro: Capitalism, Socialism and the Challenge of Degrowth: Introduction to the Symposium

Giorgos Kallis: Socialism Without Growth

Stefania Barca: The Labor(s) of Degrowth

Leandro Vergara-Camus: Capitalism, Democracy, and the Degrowth Horizon

Eduardo Gudynas: Value, Growth, Development: South American Lessons for a New Ecopolitics

Eleanor Finley: Beyond the Limits of Nature: A Social-ecological Perspective on Degrowth as a Political Ideology

Eric Pineault: From Provocation to Challenge: Degrowth, Capitalism and the Prospect of “Socialism without Growth”: A Commentary on Giorgios Kallis

Giorgos Kallis: Capitalism, Socialism, Degrowth: A Rejoinder

Contributions to Political Economy, 38 (1)

John Eatwell: ‘Cost of Production' and the Theory of the Rate of Profit

Danielle Guizzo: Discursive Strategies in the Keynes-Hayek Debate: Building a Liberal Critique

Charles Wentworth Dilke: The Source and Remedy of the National Difficulties, Deduced from Principles of Political Economy, in a Letter to Lord John Russel

Giancarlo de Vivo: Marx's Pamphletist: Charles Wentworth Dilke and his Tract on the Source and Remedy of National Difficulties (1821)

Avinash Persaud: Adam Tooze’s Crashed: How a Decade of Financial Crises Changed the World

Ecological Economics, 163


Kurt Stephenson and Leonard Shabman: Does ecosystem valuation contribute to ecosystem decision making?: Evidence from hydropower licensing

Anke Schaffartzik, Juan Antonio Duro, and Fridolin Krausmann: Global appropriation of resources causes high international material inequality – Growth is not the solution

France Caillavet, Adélaide Fadhuile, and Véronique Nichèle: Assessing the distributional effects of carbon taxes on food: Inequalities and nutritional insights in France

Austin M. Williams: Understanding the micro-determinants of defensive behaviors against pollution

Marco P.V. Franco, Marion Gaspard, and Thomas Mueller: Time discounting in Harold Hotelling's approach to natural resource economics: The unsolved ethical question

Thales A.P. West, Chris Wilson, Maria Vrachioli, and Kelly A. Grogan: Carbon payments for extended rotations in forest plantations: Conflicting insights from a theoretical model

Grace McNicholas and Matthew Cotton: Stakeholder perceptions of marine plastic waste management in the United Kingdom

Anders Fremstad and Mark Paul: The Impact of a Carbon Tax on Inequality

Dennis Kolcava, Quynh Nguyen, and Thomas Bernauer: Does trade liberalization lead to environmental burden shifting in the global economy?

Coralie Calvet, Philippe Le Coent, Claude Napoleone, and Fabien Quétier: Challenges of achieving biodiversity offset outcomes through agri-environmental schemes: Evidence from an empirical study in Southern France

Neera M. Singh: Environmental justice, degrowth and post-capitalist futures

Asif Islam and Marie Hyland: The drivers and impacts of water infrastructure reliability – a global analysis of manufacturing firms

Mar Rubio-Varas and Beatriz Muñoz-Delgado: Long-term diversification paths and energy transitions in Europe

Robert Kudlak: The role of corporate social responsibility in predicting CO2 emission: An institutional approach

L. Doyen, C. Armstrong, S. Baumgärtner, C. Béné, F. Blanchard, A.A. Cissé, R. Cooper, L.X.C. Dutra, A. Eide, D. Freitas, S. Gourguet, F. Gusmao, P.-Y. Hardy, A. Jarre, L.R. Little, C. Macher, M. Quaas, E. Regnier, N. Sanz, and O. Thébaud: From no whinge scenarios to viability tree

Methodological and Ideological Options

Vijay Kolinjivadi: Avoiding dualisms in ecological economics: Towards a dialectically-informed understanding of co-produced socionatures

Frank Figge and Andrea Stevenson Thorpe: The symbiotic rebound effect in the circular economy

Irene Monasterolo, Andrea Roventini, and Tim J. Foxon: Uncertainty of climate policies and implications for economics and finance: An evolutionary economics approach

Pradeep Kumar and Shashi Kant: Endogenous time preferences of forest goods and community-based forest management

Economic Thought: History, Philosophy and Methodology, 8 (1)

Lynne Chester: Judging Heterodox Economics: A Response to Hodgson’s Criticisms

Geoffrey M. Hodgson: The Meaning and Future of Heterodox Economics: A Response to Lynne Chester

Kevin Quinn: Was Smith A Moral Subjectivist?

Ron Wallace: Addressing the Malaise in Neoclassical Economics: A Call for Partial Model

David Orrell: Commentary on ‘Addressing the Malaise in Neoclassical Economics: A Call for Partial Models’

Evolutionary and Institutional Economics Review, 16 (1)

Yasuhiro Sakai: Daniel Ellsberg on J.M. Keynes and F.H. Knight: risk ambiguity and uncertainty

Yuji Aruka, Yoshihiro Nakajima, and Naoki Mori: An examination of market mechanism with redundancies motivated by Turing’s rule selection

Takanobu Mizuta and Sadayuki Horie: Mechanism by which active funds make market efficient investigated with agent-based model

Masato Nakao: Stability of business cycles and economic openness of monetary union

Naoto Okahara: Banks’ disclosure of information and financial stability regulations

Adam James Berg: Skills tasks, and class- an integrated class based approach to understanding recent trends in economic inequality in the USA

Dimitrios Tsiotas, George Aspridis, Ioannis Gavardinas, Labros Sdrolias, and Dagmar Škodová-Parmová: Gravity modeling in social science: the case of the commuting phenomenon in Greece

Ergin Akalpler and Yohanna Panshak: Dynamic relationship between budget deficit and current account deficit in the light of Nigerian empirical application

Special issue: Econphysics 2017: synergetic fusion of econophysics and other fields of science—Part II

Yuji Fujita, Yoshi Fujiwara, and Wataru Souma: Macroscopic features of production network and sequential graph drawing

Atushi Ishikawa, Shouji Fujimoto and Takayuki Mizuno: Statistical law observed in inactive rate of firms

Koji Kuroda and Jun-ichi Maskawa: Exogenous shock and multifractal random walk

Rubaiyat Islam, Yoshi Fujiwara, Shinya Kawata, and Hiwon Yoon: Analyzing outliers activity from the time-series transaction pattern of bitcoin blockchain

Feminist Economics, 25 (3)

Sara Stevano, Suneetha Kadiyala, Deborah Johnston, Hazel Malapit, Elizabeth Hull, and Sofia Kalamatianou: Time-Use Analytics: An Improved Way of Understanding Gendered Agriculture-Nutrition Pathways

Gigi Foster and Leslie S. Stratton: What women want (their men to do): Housework and Satisfaction in Australian Households

Siobhan Austen and Therese Jefferson: Crossing the Great Divide: Ostrom’s Coproduction and the Economics of Aged Care

Eleni Sifaki: Women's Work and Agency in GPNS during Economic Crises: The Case of the Greek Table Grapes Export Sector

Kseniia Gatskova, Artjoms Ivlevs, and Barbara Dietz: Can Labor Emigration Affect the Education of Girls? Evidence from Tajikistan

Anton Nivorozhkin and Laura Romeu-Gordo: How Do Longer Parental Leaves Affect Women’s Workplace Tasks? Evidence from Germany

Carlos Herrera, Geske Dijkstra and Ruerd Ruben: Gender Segregation and Income Differences in Nicaragua

Makiko Omura: Why Can’t I keep my Surname? The Fairness and Welfare of the Japanese Legal System

Kitae Sohn: More Educated Sex Workers Earn More in Indonesia

Forum for Social Economics, 48 (3)

Maxime Desmarais-Tremblay: The Normative Problem of Merit Goods in Perspective

Mark D. White: Nudging Merit Goods: Conceptual, Normative, and Practical Connections

Stefan Mann, Maurício Reinert, Grace Botelho Pain, and Marcio Noveli: Children’s Snacks, their Ads and Consumer Sovereignty

Franklin Obeng-Odoom: Oil, Local Content Laws and Paternalism: Is Economic Paternalism Better Old, New or Democratic?

International Critical Thought, 9 (2)

Andrew Milner: Class and Class Consciousness in Marxist Theory

George Economakis and John Milios: The Working Class and the Middle Classes in the Greek Economic Crisis: Allies in a Common Anti-Neoliberal Strategy?

Daniel Bin: Dispossessions in Historical Capitalism: Expansion or Exhaustion of the System?

Kalim Siddiqui: One Belt and One Road, China’s Massive Infrastructure Project to Boost Trade and Economy: An Overview

Tom G. Griffiths: Socialism in Cuba: Debate and Socialist Renewal for the Twenty-First Century

Darren J. O’Byrne: The Rise of Populism, the Demise of the Neoliberal and Neoconservative Globalist Projects, and the War on Human Rights

Zhun Xu: Food Dependency and Global Food Crisis

Erika Carter Grosso: Globalization within and across Borders: From Cuba to Syracuse, New York

Isaac Christiansen: Health and Development Challenges: A Nested Typology of 123 Developing Countries

Japanese Political Economy, 45

Costas Lapavitsas: Profitability trends in the era of financialization: Notes on the US economy

Junji Tokunaga: The Comparative Advantage of the U.S. Shadow Banking System and the U.S. Dollar

Engelbert Stockhammer: Building blocks for the macroeconomics and political economy of housing

Makoto Nishibe: Marx’s Financial Capitalism

Francois Chesnais: Financialization and the impasse of capitalism

Makoto Itoh: How to Apply Uno Theory to Contemporary Capitalism in Multiple Crises.

Richard Westra: An Unoist Perspective on the Agrarian Question in Capitalist Development.

Robert Albritton: Buy Now, Pay Later: The Great Unravelling of the Commodity-form

Journal of Agrarian Change, 19 (3): Special issue on "The Arrighian Approach to Agrarian Political Economy"

Special issue on: The Arrighian Approach to Agrarian Political Economy

Jennifer Bair, Kevan Harris, and Phillip A. Hough: Roads from Calabria: The Arrighian approach to agrarian political economy

Ben Scully and Akua Opokua Britwum: Labour reserves and surplus populations: Northern Ghana and the Eastern Cape of South Africa

Zachary Levenson: “Such elements do not belong in an ordered society”: Managing rural–urban resettlement in democratic South Africa

Shaohua Zhan: Accumulation by and without dispossession: Rural land use, land expropriation, and livelihood implications in China

Kevan Harris and Zep Kalb: Pen to the tiller: Land reform and social mobility across the 1979 Iranian revolution

Jennifer Bair: Class formation and commodity chains in the making of regional monocultures: Agrarian reform from above and below in Mexico's henequen and cotton zones

Phillip A. Hough: The winding paths of peripheral proletarianization: Local labour, world hegemonies, and crisis in rural Colombia

Sahan Savas Karatasli and Sefika Kumral: Capitalist development in hostile conjunctures: War, dispossession, and class formation in Turkey

Giuliano Martiniello: Social conflict and agrarian change in Uganda's countryside

Journal of Economic Methodology, 26 (3)

Vladimir Avtonomov and Yuri Avtonomov: Four Methodenstreits between behavioral and mainstream economics

Erik Angner: We're all behavioral economists now

James Grayot: From selves to systems: on the intrapersonal and intraneural dynamics of decision making

Michael Joffe: Mechanism in behavioural economics

Sabine Frerichs: Bounded sociality: behavioural economists’ truncated understanding of the social and its implications for politics

Giandomenica Becchio: Behavioral economics, gender economics, and feminist economics: friends or foes?

O. Çağlar Dede: Behavioral policies and inequities: the case of incentivized smoking cessation policies

Metroeconomica, 70 (3)

Toichiro Asada, Michal Demetrian, and Rudolf Zimka: On dynamics in a Keynesian model of monetary and fiscal stabilization policy mix with twin debt accumulation

Hiroki Murakami: A note on the “unique” business cycle in the Keynesian theory

Mauro Caminati and Serena Sordi: Demand‐led growth with endogenous innovation

Luca Guerrini, Akio Matsumoto, and Ferenc Szidarovszky: Neoclassical growth model with two fixed delays

F. Grassetti, G. Hunanyan, C. Mammana, and E. Michetti: A note on the influence of saving behaviors on economic growth

Lorenzo Cerboni Baiardi and Ahmad K. Naimzada: An evolutionary Cournot oligopoly model with imitators and perfect foresight best responders

Angelo Antoci, Simone Borghesi, Gianluca Iannucci, and Paolo Russu: Emission permits and the dynamics of clean and dirty firms in an evolutionary competition model

Guido Candela, Massimiliano Castellani, and Roberto Dieci: In search of leisure time: An endogenous growth model with leisure services

Shogo Ogawa: Dynamic analysis of a disequilibrium macroeconomic model with dual labor markets

Review of International Political Economy, 26 (3)

Lukas Linsi and Daniel K. Mügge: Globalization and the growing defects of international economic statistics

Ayse Kaya and Mike Reay: How did the Washington consensus move within the IMF? Fragmented change from the 1980s to the aftermath of the 2008 crisis

Adrienne Roberts and Ghazal Mir Zulfiqar: The political economy of women’s entrepreneurship initiatives in Pakistan: reflections on gender, class, and “development”

Deborah Mabbett and Waltraud Schelkle: Independent or lonely? Central banking in crisis

Aditi Sahasrabuddhe: Drawing the line: the politics of federal currency swaps in the global financial crisis

Herman Mark Schwartz: American hegemony: intellectual property rights, dollar centrality, and infrastructural power

Juvaria Jafri: When billions meet trillions: impact investing and shadow banking in Pakistan

Review of Political Economy, 31 (1)

Katherine A. Moos: The Facts and the Values of the Lucas Critique

Tony Aspromourgos: What Is Supply-and-Demand? The Marshallian Cross Versus Classical Economics

Anders Fremstad, Mark Paul and Anthony Underwood: Work Hours and CO2 Emissions: Evidence from U.S. Households

Iara Vigo de Lima: Foucault on the Marginal Revolution in Economics: Language and the Cartesian Legacy

Graham White: Some Issues in the Sraffian View of Competition: Starting from Clifton

Giancarlo de Vivo: Marx and Sraffa: A Comment on Gehrke and Kurz

Christian Gehrke, Heinz D. Kurz and Neri Salvadori: On the ‘Origins’ of Sraffa’s Production Equations: A Reply to de Vivo

Enrico Sergio Levrero: On Sinha’s View of Sraffa’s Revolution in Economic Theory: A Review Essay

Review of Social Economy, 77 (2)

Hillel Steiner: Asymmetric information, libertarianism, and fraud

Mark R. Reiff: The just price, exploitation, and prescription drugs: why free marketeers should object to profiteering by the pharmaceutical industry

Gabriel Wollner: Anonymous exploitation: non-individual, non-agential and structural

Laurens van Apeldoorn: Exploitation, international taxation, and global justice

Gilbert L. Skillman: Redistribution and persistent exploitation in an accumulation economy with decreasing marginal impatience

Jonathan F. Cogliano, Roberto Veneziani and Naoki Yoshihara: Exploitation, skills, and inequality

Special Issue: Science & Society, 83 (3)

Special issue on "Agriculture and Development in China"

Gaofeng Meng: The Household Responsibility System, Karl Marx's Theory of Property and Antony M. Honoré's Concept of Ownership

Hao Qi and Zhongjin Li: Giovanni Arrighi in Beijing: Rethinking the Transformation of the Labor Supply in Rural China During the Reform Era

Paul Blackledge: On Strategy and Tactics: Marxism and Electoral Politics

Nathan Sperber: State Capitalism and the State–Class Nexus

The European Journal of the History of Economic Thought, 26 (2)

Pierrick Clerc: Brunner and Leijonhufvud: friends or foes?

John B. Davis: Specialization, fragmentation, and pluralism in economics

Marion Dieudonné: Thorstein Veblen’s 1904 contributions to q and insider/outsider analysis

Fabio Masini: Tracing neoliberalism in Italy: intellectual and political connections

Marion Gaspard and Antoine Missemer: An inquiry into the Ramsey-Hotelling connection

Roberto Baranzini and Raphael Fèvre: Walras as an ordoliberal?

Books and Book Series

A Comparative Perspective of Women’s Economic Empowerment

by Meltem Ince Yenilmez and Onur Burak Celik | 2019, Routledge

This book lends a supporting voice to the economic and social empowerment of women globally, focusing on the real causes and the unpredictable nature of the ongoing conflicts surrounding the issue.

The authors bring to the forefront problems of development within various regions – most notably Turkey but also the US, Germany, Serbia, South Africa and UK – and the implementation of projects, which address the state of women, inequality and risks, that are inimical to their participation in the economy. Emphasis is laid on why women should be permitted access to the many opportunities in information technology and exchange, partnership growth and networking in this digital era.

Please find a link to the book here.

A Research Agenda for New Institutional Economics

edited by Claude Ménard, France and Mary M. Shirley | 2018, Edward Elgar Publishing

Consisting of 30 concise chapters written by top scholars, this Research Agenda probes the knowledge frontiers of issues long at the forefront of New Institutional Economics (NIE), including government, contracts and property rights. It examines pressing research questions surrounding norms, culture, and beliefs. It is designed to inform and inspire students and those starting their careers in economics, law and political science. Well-established scholars will also find the book invaluable in updating their understanding of crucial research questions and seeking new areas to explore.

Please find a link to the book here.

Bankers and Bolsheviks: International Finance and the Russian Revolution

by Hassan Malik | 2018, Princeton Unviversity Press

Following an unprecedented economic boom fed by foreign investment, the Russian Revolution triggered the worst sovereign default in history. Bankers and Bolsheviks tells the dramatic story of this boom and bust, chronicling the forgotten experiences of leading financiers of the age.

Shedding critical new light on the decision making of the powerful personalities who acted as the gatekeepers of international finance, Hassan Malik narrates how they channeled foreign capital into Russia in the late nineteenth and early twentieth centuries. While economists have long relied on quantitative analysis to grapple with questions relating to the drivers of cross-border capital flows, Malik adopts a historical approach, drawing on banking and government archives in four countries. The book provides rare insights into the thinking of influential figures in world finance as they sought to navigate one of the most challenging and lucrative markets of the first modern age of globalization.

Bankers and Bolsheviks reveals how a complex web of factors—from government interventions to competitive dynamics and cultural influences—drove a large inflow of capital during this tumultuous period in world history. This gripping book demonstrates how the realms of finance and politics—of bankers and Bolsheviks—grew increasingly intertwined, and how investing in Russia became a political act with unforeseen repercussions.

Please find a link to the book here.

Before the Market: The Political Economy of Olympianism

by D.N. Wang | 2018, Common Ground

In this debut, Wang offers an entirely new way of conceptualizing economics and social relations. Drawing from a rich historical analysis of ancient Greece, she provides an exposition of 'Olympianism'--a stunning program of political economy and identity formation that speaks directly to the crises in the 21st century.

Olympianism comprises a series of distinct economic patterns which shaped the workings of property, labor, money, and knowledge in ancient Greece, around the time of its first democracy. The Olympian moral philosophies of universal inclusion and mutual thriving generated effective policies and practices in all areas of social relations. However, the advent of state and market institutions undermined the system's potency, resulting in exclusion and disparity. Examining these conflicting historical forces, Wang isolates the vision of a decentralized, spontaneous, and horizontal social order that was central to early democratic politics.

Wang supplements this political and economic analysis with an identification of the cultural underpinnings in literary sources. She demonstrates that Olympianism was rendered possible by a unique subjectivity, which itself arose from a set of particular metaphysical, ontological, and sociological narratives.

Before the Market presents a comprehensive vision of a vibrant alternative economic system and an inspiring notion of democratic identity. To this end, this book highlights the benefits that radical paradigm transformation could bring to societies all around the world, while raising provocative questions about the human condition in the modern era.

Please find a link to the book here.

Cognitive Capitalism, Welfare and Labour: The Commonfare Hypothesis

by Andrea Fumagalli, Alfonso Giuliani, Stefano Lucarelli, Carlo Vercellone | 2019, Routledge

This book deals with the transformations of both accumulation process and labour in the transition from a Fordist to a cognitive capitalism paradigm, with specific regard to Western economies. It outlines the advent, after industrial capitalism, of a new phase of the capitalist system in which the value of cognitive labour becomes dominant. In this framework, the central stakes of capital valorisation and forms of property are directly based on the control and privatization of the production of collective knowledge. Here, the transformation of knowledge itself, into a commodity or a fictitious capital, is analyzed.

Building on this foundation, the authors outline their concept of "commonfare." This idea of commonfare implies, as a prerequisite, the social re-appropriation of the gains arising from the exploitation of those social relations which are the basis of accumulation today. This re-appropriation does not necessarily lead to the transition from private to public ownership but it does make it necessary to distinguish between common goods and the commonwealth. This book explains this distinction and how common goods and the commonwealth require a different framework of analysis.

Contributing to the "Marxism-heterodox" approach using rigorous theoretical analysis and empirical evidence, it is aimed at all those who act socially and aspire to a better understanding of the development and the contradictions of contemporary capitalism.

Please find a link to the book here.

Developmental States Beyond East Asia

edited by Jewellord T. Nem Singh and Jesse Salah Ovadia | 2019, Routledge

This comprehensive volume reviews recent scholarship regarding the role of the state in economic development. With a wide range of case studies of both successful and failed state-led development, the authors push the analysis of the developmental state beyond its original limitations and into the 21st century.

New policies, institutional configurations, and state-market relations are emerging outside of East Asia, as new developmental states move beyond the historical experience of East Asian development. The authors argue for the continued relevance of the ‘developmental state’ and for understanding globalization and structural transformation through the lens of this approach. They further this concept by applying it to analyses of China, Latin America, and Africa, as well as to new frontiers of state-led development in Japan and the East Asian developmental states. This book expands the scope of research on state-led development to encompass new theoretical and methodological innovations and new topics such as governance, institution building, industrial policy, and the role of extractive industries.

This book was originally published as a special issue of the journal Third World Quarterly.

Please find a link to the book here.

Pluralistic Economics and Its History

edited by Ajit Sinha & Alex M. Thomas | 2019, Routledge

This volume is a history of economics – as it was interpreted, discussed and established as a discipline – in the 20th century. It highlights the pluralism of the discipline and brings together leading voices in the field who reflect on their lifelong work. The chapters draw on a host of traditions of economic thought, including pre-classical, classical, Marxian, neoclassical, Sraffian, post-Keynesian, Cantabrigian and institutionalist traditions in economics. Further, the volume also looks at the history of economics in India and its evolution as a discipline since the country’s independence.

This book will appeal to students, researchers and teachers of economics and intellectual history, as well as to the interested general reader.

Please find a link to the book here.

Principles of Political Economy: A Pluralistic Approach to Economic Theory

by Daniel E. Saros | 2019, Pressbooks

This textbook offers a pluralistic approach to microeconomic theory, macroeconomic theory, and international economic theory. It adopts a critical approach to neoclassical economics and incorporates heterodox alternatives to mainstream economics throughout the book. It is an open educational resource (OER).

Please find a link to the book here.

The Economics of Military Spending: A Marxist Perspective

by Adem Elveren | 2019, Routledge

The Economics of Military Spending offers a comprehensive analysis of the effect of military expenditures on the economy. It is the first book to provide both a theoretical and an empirical investigation of how military spending affects the profit rate, a key indicator of the health of a capitalist economy.

The book presents a general discussion on the economic models of the nexus of military spending and economic growth, as well as military Keynesianism and the military-industrial complex. Including an account of the Marxist crisis theories, it focuses on military spending as a counteracting factor to the tendency of rate of profit to fall. Using a range of econometric methods and adopting a Marxist perspective, this book provides comprehensive evidence on the effects of military spending on the rate of profit for more than thirty countries. The findings of the book shed light on the complex linkages between military spending and the profit rate by considering the role of countries in the arms trade.

Offering a Marxist perspective and an emphasis on quantitative analysis, The Economics of Military Spending will be of great interest to students and scholars of defence and peace economics, as well as Marxist economics.

Please find a link to the book here.

The Ethical Formation of Economists

by Wilfred Dolfsma and Ioana Negru | 2019, Routledge

Economists' role in society has always been an uneasy one, and in recent years the ethicality of the profession and its practitioners has been questioned more than ever. This collection of essays is the first to investigate the multifaceted nature of what forms economists' ethical and economic views.

Bringing together work from international contributors, The Ethical Formation of Economists explores the ways in which economists are influenced in their training and career, examining how this can explain their individual ethical stances as economists. The book suggests that if we can better understand what is making economists think and act as they do, considering ethicality in the process, we might all be better placed to implement changes. The intent is not to exonerate economists from personal responsibility, but to highlight how considering the circumstances that have helped shape economists' views can help to address issues. It is argued that it is important to understand these influences, as without such insights, the demonization of economists is too easily adapted as a stance by society as well as too easily dismissed by economists.

This book will be of great interest to those studying and researching in the fields of economics, ethics, philosophy and sociology. It also seeks to bring an ethical debate within and about economics and to cause change in the practical reasoning of economists.

Please find a link to the book here.

The Natural Economic Science: Re-writing Economic Fundamentals

by Paul Fudulu | 2019, Emerald

Economics is widely regarded as a social science. But the division of social vs. natural science limits the study of economics — and, in fact, all social sciences — locking away theories and evidence that greatly improve levels of analysis and research across all areas of interdisciplinary study. For too long now, this division has ceased to make sense.

In this ground-breaking new study, Paul Fudulu bases a theory of new natural economic science on one of the most important causal laws of physics: the ever entropic degradation of the universe. This theory is comprehensive for all of human behavior, and makes it possible to find solutions to unsolved problems of orthodox economics, revealing correlations which are crucial to a solid economic analysis. Through a book of two parts, Fudulu takes readers through this new theory, starting at the basics and building to look at individual examples, including the formation of human ends and an exploration of coercive actions through the use of externalities as a cover-up.

For students, researchers and academics in social sciences and economic theory, this is an unmissable book with an exciting new theory of natural economics.

Please find a link to the book here.

The Nature of Social Reality: Issues in Social Ontology

by Tony Lawson | 2019, Routledge

The social sciences often fail to examine in any systematic way the nature of their subject matter. Demonstrating that this is a central explanation of the widely acknowledged failings of the social sciences, not least of modern economics, this book sets about rectifying matters.

Providing an account of the nature of social material in general, as well as of the specific natures of central components of the modern world, such as money and the corporation, Lawson also considers the implications of this theory regarding possibilities for social change. Readers will gain an understanding of how social phenomena, from tables and chairs, to money and firms, and nurses and Presidents are constituted. Fundamental to Lawson’s conception is a theory of community-based social positioning, whereby people and things within a community become constituted as components of emergent totalities, with actions governed by the rights and obligations of relevant members of the community. This theory isolates a set of basic principles that will offer the reader an understanding of the natures of all social phenomena.

The Nature of Social Reality is for all those, academics and non-academics alike, who wish to gain a grasp on the nature of social phenomena that goes beyond the superficial.

Please find a link to the book here.

Transatlantic Speculations: Globalization and the Panics of 1873

by Hannah Catherine Davies | 2018, Columbia University Press

The year 1873 was one of financial crisis. A boom in railway construction had spurred a bull market—but when the boom turned to bust, transatlantic panic quickly became a worldwide economic downturn. In Transatlantic Speculations, Hannah Catherine Davies offers a new lens on the panics of 1873 and nineteenth-century globalization by exploring the ways in which contemporaries experienced a tumultuous period that profoundly challenged notions of economic and moral order.

Considering the financial crises of 1873 from the vantage points of Berlin, New York, and Vienna, Davies maps what she calls the dual “transatlantic speculations” of the 1870s: the financial speculation that led to these panics as well as the interpretative speculations that sprouted in their wake. Drawing on a wide variety of sources—including investment manuals, credit reports, business correspondence, newspapers, and legal treatises—she analyzes how investors were prompted to put their money into faraway enterprises, how journalists and bankers created and spread financial information and disinformation, how her subjects made and experienced financial flows, and how responses ranged from policy reform to anti-Semitic conspiracy theories when these flows suddenly were interrupted. Davies goes beyond national frames of analysis to explore international economic entanglement, using the panics’ interconnectedness to shed light on contemporary notions of the world economy. Blending cultural, intellectual, and legal history, Transatlantic Speculations gives vital transnational and comparative perspective on a crucial moment for financial markets, globalization, and capitalism.

Please find a link to the book here.


by Bruce Pietrykowski | 2019, Polity

Much of our life involves working, preparing for work, searching for work, or thinking and worrying about work. Whether paid or unpaid, free or coerced, full-time, part-time, or zero-hours, work defines us and helps shape our behavior both on and off the job.

In this accessible book, leading labor economist Bruce Pietrykowski offers a highly engaging exploration of the history and contemporary organization of work under capitalism. His clear presentation of the theoretical debates is illustrated by real-world examples from across the globe and a skillful account of alternatives that point toward a post-capitalist future. Employing a progressive, worker-centered vision that goes beyond mainstream economics, he examines themes ranging from inequality, care work, and the gig economy to technological change and a universal basic income. His analysis emphasizes power, conflict, solidarity, and cooperation, interpreted through the lenses of class, race, gender, and place.

This comprehensive and highly readable book will be of interest to students of economics, sociology, labor studies, and politics seeking to learn more about work and workers in the global economy, as well as interested general readers.

Please find a link to the book here. Moreover, a 20% discount is available to all our subscribers. To use this discount, enter the code WORK1 at the checkout (offer ends 31 July 2019).

Heterodox Graduate Programs, Scholarships and Grants

PhD scholarship in Social Justice/Equality Studies at University College School of Social Policy

Applications are invited for the Social Justice PhD Scholarship offered by the School of Social Policy, Social Work and Social Justice. This is a fully funded PhD scholarship for applicants pursuing full time doctoral research in the area of Social Justice. Social Justice is an inter-disciplinary area which advances theoretical and empirical understanding of social justice issues including inequality, exploitation and oppression. Social Justice comprises the disciplines of Equality Studies and Gender Studies.

Applicants must have completed and earned high grades in a taught Masters programme in an area of social science or a cognate field, and be able to demonstrate a research interest that fits with the interest of the School’s academic staff in the area of Social Justice.

Entry to the programme is in September of 2019. The PhD Scholarship includes a fee-waiver and a stipend of €15,000 per annum for a maximum 4 years registration. Successful applicants will be expected to contribute to teaching as part of their Scholarship.

Informal enquiries should be addressed to Dr Michael Byrne and Dr Karen Anderson.

Application Procedure

Applications cannot be considered until we have received the following documentation, which should be contained in your application:

Complete applications should be emailed to Elizabeth Hassell.

Please find further information here.

Application deadline: 10 August 2019

Postdoctoral Fellowships on "Authoritarian Capitalism, Reactionary Populism & Counter-Strategies"

The Rosa-Luxemburg-Foundation will fund up to ten post-doc-scholarships worldwide in the Global South (which due to our financing in this case means ODA recipient countries) to realize individual research projects at institutions in the South and to participate in our International Research Group on Authoritarianism & Counter-Strategies.

We´re seeking for research proposals on the global entanglements of authoritarian politics, reactionary movements and ideologies, and emancipatory counter-strategies. We are especially interested in studies that propose a global perspective for and from the Global South on this issue, i.e. that critically relate regional problems to global economic and power relations and transnational actor networks and propose creative, inter- and transdisciplinary research strategies. We favour scholar-activist methodologies—i.e. rigorous academic work that is embedded in actual left-wing political projects, movements or initiatives—and are looking for research output that reflect this scholar-activist character.

Interested scholars are asked to find a suitable institution as well as a mentor for their project themselves. All necessary documents can of course be downloaded at our application portal. Please note that funding starts earliest in November 2019 and ends in December 2021. Financial support provided to postdoctoral researchers will be based on salaries paid for comparable, full-time academic positions in the region, and as such will vary from country to country.

Please find the original call for applications here. For further information please don´t hesitate to contact us directly or write to GlobalDialogue@rosalux.org.

Application deadline: 4 August 2019


WEA Commentaries, 9 (2)

The newest issue of the WEA Commentaries (formerly the World Economics Association Newsletter) is now available online here.

economic sociology - the european electronic newsletter, 20 (3)

The current issue of the economic sociology - the european electronic newsletter is now available online here.

For Your Information

9th annual State of Power report on "The Corporation"

For its 9th annual State of Power report, the Transnational Institute (TNI) is focusing on 'The Corporation'. The organizers are keen to get insightful analysis that can support social movements in confronting corporate power. The call is open to scholars, activists, writers and artists.

Through the State of Power report, we work closely with authors to produce highly attractive long-reads illustrated by international artists and accompanied by infographics and we also syndicate pieces in outlets such as the Guardian, New Statesman, Open Democracy and ROAR. This year we will also combine the long-reads with a series of podcasts and possibly even a video production with authors.

The call for pitches (abstracts) can be found here. The pitches (800 words) be sent to stateofpower@tni.org.

Last year's State of Power report on finance can be found here and our full series here.