Heterodox Economics Newsletter

Issue 255 November 25, 2019 web pdf Heterodox Economics Directory

During these days a short article by Oswald and Stern claiming that 'econ lets the world down on climate change' caught my eye. The main thrust of the piece is that economics is not taking climate change seriously enough as is evidenced by the lack of attention to the topic in major economic journals. In a way they demonstrate how our theoretical preconceptions also shape our understanding of what constitutes a relevant problem by pointing out that what is typically conceived as an 'externality' is also somehow 'external' to the discipline as such and, hence, not perceived as relevant enough for major publication outlets. Stern and Oswald are obviously morally engaged and speak about "a duty to get involved". I have to admit that while I surely admire their bluntness and courage, I have some doubts whether it is of help to get economics to enter center stage in this debate. Haven't we just recently seen a major award going to a stream of research that is currently heavily criticized for its destructive policy-implications with regard to climate change?

Against this background, it is a great pleasure for me to report that the 2019 Kurt Rothschild Prize has been awarded to Kate Raworth from Oxford University's Environmental Change Institute for her work on "doughnut economics". Kate's work would perfectly suit the aims of Oswald and Stern as is it explicitly designed to confront and overcome the conceptual lopsidedness inherent in much of contemporary economics by providing an alternative heuristic - the doughnut - for capturing core aspects of economic progress and social prosperity. It thereby aims to reshift what is perceived as relevant and worth deeper inspection.

Thereby the doughnut stands for the "safe space" of humanity in which both major constraints - human dignity and material well-being (the "social foundations" inside the doughnut) and ecological sustainability (the "ecological limits" outside of the doughnut) - are respected. In practice, the doughnut is a great tool and provides an inclusive and pluralist framework for research and teaching. It allows for incorporating (or, at least, considering) a series of elementary dimensions, that are deemed to be of high relevancefor enduring prosperity. In doing so it not only highlights a series of aspects - like health, inequality, reproductive work or means of subsistence - that are typically of interest to heterodox economists, but also resonates well with an understanding of economics as the study of social provisioning processes.

Having said all this makes clear that in my view the a mere shift of attention demanded by Oswald and Stern will not suffice; for economics to make a positive contribution towards better resolving the climate change issue requires instead a more full-fledged change in perspective.

All the best,


PS: A few weeks ago I drew your attention to a new heterodox journal, the Review of Evolutionary Political Economy(REPE). I have found that REPE is now open for new submissions here. Hence, papers can be submitted now and I think the editors are eagerly awaiting your suggestions.

© public domain

Table of contents

Call for Papers

20th Conference of the International Association for the Economics of Participation IAFEP (California, June 2020)

21-24 June 2020 | La Jolla, California, US

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

Submissions for the 2020 conference, are invited from all relevant fields of study, including comparative economic systems, industrial and labor economics, organizational studies, social economics, management studies, institutional economics, evolutionary economics, development economics, sociology, psychology, political science, law, and philosophy. Interdisciplinary approaches are welcomed. We also invite proposals for complete sessions.

Key themes:

How to submit

Extended Abstracts (max. 1000 words) in English should be sent by e‐mail to Trevor Young‐Hyman and Nathalie Magne. Abstracts should include full details of institutional affiliations and e‐mail addresses. Proposals for complete sessions should include a brief description of the theme of the session and an abstract for each paper.

Please find additional information about the conference and the submission process online.

Submission Deadline: 28 February 2020

24th Annual Conference of the European Society for the History of Economic Thought (Sofia, May 2020)

28-30 May 2020 | University of National and World Economy, Bulgaria

The 24th Annual Conference of the European Society for the History of Economic Thought (ESHET) will take place at the University of National and World Economy in Sofia, 28-30 May 2020. Proposals for papers or sessions on all aspects of the history of economic thought are welcome.

Theme of the Conference

Proposals for papers and sessions that deal with the conference theme “Development and Underdevelopment in the History of Economic Thought” are particularly welcome. However, proposals may be on any topic relevant to the history of economic thought, and are not restricted to the conference theme.

Development economics as a specific subfield of economics emerged during the last seven decades. Since the 1950s, economists have shown a growing interest in identifying, assessing and defeating persistent problems of economic stagnation, material poverty and hunger, vulnerability to shocks and unsatisfactory quality of life. For a long time, classical political economists were involved in the discussion about the main quantum leap in economic development, the Industrial Revolution. It spread only slowly from its initial base in northwestern Europe and it was only during recent decades that it reached large sections of what was once called “the Third World”. It opened up enormous income gaps between regions, known as the “Great Divergence” in international living standards, but fueled also varied processes of “catching up”. The history of economic thought is full of contributions to debates about the Great Divergence and partial convergence, about their causes and consequences and about strategies to address and resolve the problems of underdevelopment.

Special attention will be granted to proposals that aim to explore how economists have understood the role of economic and other factors in development and in the processes of catching up. Examples include:

An abstract of about 400 words for a paper and 600 words for a session should be submitted via the conference website. The Submission Deadline is 15 January 2020.

Note that: a) published papers are not eligible for submission; b) only one conference presentation is allowed per person (but more than one submission may be accepted, if involving co-authors who are also presenting); c) session proposals must conform with standard format (3 papers, 90 minutes).

Young Scholars Seminar 2020

ESHET invites young scholars – persons currently enrolled in a PhD, or who have been awarded a PhD no more than two years prior to the date of the relevant ESHET conference (and regardless of age) – to submit their work to the Young Scholars Seminar to be held on the occasion of the ESHET Conference. Papers co-authored by PhD supervisors or other senior researchers are not eligible. The grants for the scholars selected to the Young Scholars Seminar are sponsored by the European Journal of the History of Economic Thought Up to six submissions will be selected: The travel expenses will be covered up to €300, the accommodation costs up to €80/night for three nights, and no registration fee will be charged. Moreover, the grantee scholars will be invited to the conference dinner. The authors of the selected papers will have 20 minutes each to present the paper, and a senior scholar will discuss it. Papers may be on any topic relevant to the history of economics, and are not restricted to the conference theme.

ESHET encourages young scholars to participate in the conference. A one-year ESHET membership is offered to all young scholars who submit a paper. Papers that have not been selected for the grant will be considered for presentation at other ESHET 2020 conference sessions.

Candidates should e-mail a paper no longer than 9000 words to Professors Nathalie SIGOT (Nathalie.sigot@univ-paris1.fr) and Christian GEHRKE (christian.gehrke@uni-graz.at). Please include documentation of your (and your co-authors) position vis-à-vis your PhD, and indicate in the subject of your e-mail: For Young Scholar Seminar. Submission for the Young Scholar Seminar are to be submitted till 15 February 2020.

7th Annual Conference on the History of Recent Social Science (Toronto, June 2020)

12-13 June 2020 | Toronto, Canada

This two-day conference of the Society for the History of Recent Social Science (HISRESS) will bring together researchers working on the history of post-World War II social science. It will provide a forum for the latest research on the cross-disciplinary history of the post-war social sciences, including but not limited to anthropology, economics, psychology, political science, and sociology as well as related fields like area studies, communication studies, history, international relations, law, and linguistics. The conference aims to build upon the recent emergence of work and conversation on cross-disciplinary themes in the postwar history of the social sciences.
Submissions are welcome in such areas including, but not restricted to:

The two-day conference will be organized as a series of one-hour, single-paper sessions attended by all participants. Ample time will be set aside for intellectual exchange between presenters and attendees, as all participants are expected to read pre-circulated papers in advance. Proposals should contain no more than 1000 words, indicating the originality of the paper.

All proposals and requests for information should be sent via email. Please find additional information online.

Submission Deadline: 7 February 2020

Conference on "Engels in Eastbourne" (Brighton, June 2020)

23-24 June 2020 | Brighton, UK

28 November 2020 marks the bicentenary of the birth of Friedrich Engels, the German radical philosopher who in works such as The Condition of the Working Class in England (1844), The Peasant War in Germany (1850), The Housing Question (1872), 'The Part Played by Labour in the Transition from Ape to Man' (1876), Anti-Dühring (1877), Socialism: Utopian and Scientific (1880), Dialectics of Nature (1883) and The Origin of the Family, Private Property and the State (1884) made pathbreaking and profound contributions to modern social and political theory. As the co-thinker of Karl Marx and co-author of The Communist Manifesto and 'The German Ideology', he played a critical role in the forging and development of classical Marxism specifically. But like Marx, Engels was 'above all a revolutionary', who also played a role in revolutionary upheavals such as the German Revolution of 1848 and in the international socialist movement. When Engels died in London on 5 August 1895, at the age of 74, his last wish was that following his cremation his ashes be scattered off Beachy Head, near Eastbourne. Marx and Engels had visited many Victorian seaside resorts, such as Margate, Ramsgate and the Isle of Wight, but Eastbourne was Engels's favourite place and where he holidayed for extended periods during the summers in later life. Engels wrote to Sorge on 18 March 1893 for example that he had spent two weeks in Eastbourne and 'had splendid weather', coming back 'very refreshed'.

As part of the wider commemorations planned for Engels@200, Engels in Eastbourne welcomes proposals for papers on any aspect of Engels's life, work and intellectual and political legacy. Themes may then include but are not restricted to the following:

For submission send proposals for papers of up to 250 workds to Cathy Bergin or Christian Høgsbjerg. For further details visit the official website.

Submission Deadline: 31 January 2020

Conference on "Global Responses to Cascading Crises" (London, Feb. 2020)

17-18 February 2020 | London, UK

KCL’s Department of European and International Studies (EIS) and the University of Sydney’s Department of Political Economy are co-organising a Colloquium of International Political Economy scholars to consider global responses to cascading crises to be held in London on the 17th and 18th February. Our short-term aim is to take stock of what has been achieved, and what is yet to be achieved, in the field of international political economy (IPE) to address multi-scalar global transformation. And our long-term objective is to facilitate IPE scholars’ attempts to move beyond approaches that are variously methodologically individualist or nationalist, state-centric, and/or Eurocentric to further advance the study of global political economy. These proceedings inform a proposed new journal Global Political Economy, which will nurture IPE as a field of inquiry that is pluralist in orientation, worldwide in scope, and intersectional in its analysis of the multiple axes of inclusion and exclusion that characterize capitalism’s past, present and future.

We welcome original and innovative contributions from scholars from a variety of fields who offer new insights into the constitution and transformation of social relations from the local to global scale. The four themes of the colloquium map onto the cascading crises gripping the global political economy that require collaborative debate and interdisciplinary dialogue. We welcome paper submissions, panel proposals, roundtable discussions or just active participation in the below streams:

Governance and Public Policy

Economic Crises

Social Reproduction


In addition to these themes, people are welcome to submit a panel proposal or simply individual papers which address in some way the cascading crises of the global political economy, broadly conceived. Individual paper abstract submissions should be no longer than 200 words, while panel proposals should be no longer than 1200 words.

Please find further information on submission here.

Submission Deadline: 8 January 2020

Conference on "The European Union’s contention in the reshaping global economy" (Szeged, March 2020)

20-21 March 2020 | Szeged, Hungary

The 4th Conference in cooperation with the European Association for Comparative Economic Studies and supported by the project EFOP-3.6.2-16-2017-00007 “Aspects on the development of intelligent, sustainable and inclusive society: social, technological, innovation networks in employment and digital economy."

Global economy has been going through severe changes in several dimensions. The perspectives of a US-China trade war alter from day to day. Due to growing awareness of climate change, the pressure on industry increased - especially on automotive sector - to reduce environmental damages unexpectedly fast. Ongoing technological innovations, the 4th industrial revolution may rearrange trade relationships and global value chains both inside and outside the European Union. The new situation requires new answers in the various fields of policies. The European integration has to response to challenges amid unsolved Brexit and many other political turbulences.

We call for papers that address the reshaping global economic landscape from the viewpoint of European integration and economies in the following topics:

Papers based on the approach of either economics, political economy or business studies are welcome. Please find further information here.

Abstract Submission Deadline: 20 January 2020

Degrowth Vienna 2020 - Strategies for Social-Ecological Transformation (Vienna, May 2020)

29 May - 01 June 2020 | Vienna, Austria

The conference will consider the role of strategy for a degrowth transformation and give room for exchanging, reflecting and developing strategies with scholars, practitioners, artists and activists. It will complement the International Degrowth Conference in Manchester in September 2020.

Contemporary societies face unprecedented ecological, social and economic crises that call for an immediate and radical transformation of the dominant, growth-dependent mode of production and living. Degrowth, as a social movement and a burgeoning academic field of research, has focused on conceptual discussions, concrete utopias and case studies for a social-ecological transformation. What is missing, however, is an in-depth discussion on the strategies to achieve such a transformation.

By bringing together practitioners, artists, activists, civil society actors and scientists, we want to integrate different kinds of existing expertise and elaborate promising approaches to transforming the economy in a socially just and ecologically viable way. The conference will have a participatory design, including a thorough documentation process that will generate concrete outcomes for the degrowth movement and research society. The conference consists of two main parts, firstly understanding past and future transformations and the role of strategies and secondly, strategies in practice. Please find detailed information about topics and structures, as well as the submission process online.

How to submit

We warmly invite scholars, practitioners, activists and artists to send proposals for one or more of the three different forms of contributions:

Within these forms, different formats are welcome, and we would like to encourage you to develop the format which fits your purpose best. Each session lasts 90 minutes.

Application Procedure
We look forward to receiving your submission and would be happy if you spread this call widely. Please use the submission form. If you have any questions about this process then please write an email. Keep in mind, this conference has a thematic focus on strategies for degrowth, which requires that only submissions closely related to this theme can be accepted. You can find out more details and updates about the conference concerning location, registration, and more at the official website.

Submission Deadline: 15 December 2019

Call for Participants

Center for the History of Political Economy: Fellowship Applications 2020

Each year the Center brings together a mix of scholars who are pursuing their own research projects in the history of political economy. The Center provides the following sorts of fellowships:

Terms of Fellowship

Research Fellows may come to the Center for either a semester, a full academic year (which runs from the end of August to the beginning of May), or a twelve month period. (Those who wish to come for shorter stays may wish to consult the "Academic Visits" section.) Though the principal purpose of the Fellowship program is to allow successful applicants to pursue their own research, Fellows are invited to join a vibrant intellectual community of scholars by participating in the many other programs (e.g., workshops, HOPE lunches, and conferences) that the Center offers. More junior scholars may also wish to sit in on classes during term and to participate in the “Summer in the Archives” program.

How to Apply

Please find further informations on the website.Please submit your materials by e-mail to chope@econ.duke.edu.

Application Deadline: 6 January 2020

Job Postings

Aga Khan University, UK

Job title: Post-Doctoral Fellow (community-managed water systems)

The Aga Khan University’s Institute for the Study of Muslim Civilisations (AKU-ISMC) in London is looking to recruit a post-doctoral research fellow for a 21-month full-time fixed- term position. The Fellow will work on an interdisciplinary project on community-managed water systems in Pakistan that brings together researchers from the social sciences and engineering sciences in the UK and Pakistan, in partnership with engineers and development practitioners in Pakistan. The project will examine the successful implementation of community-managed water systems in the northern region of Gilgit-Baltistan in order to assess if and how these can be scaled up to urban settings.


The Fellow will work closely with the Principle Investigator (political economy) and Co- Investigator 1 (anthropology), along with the Co-Investigator 2 (engineering) and development practitioners to:


How to apply:

Please submit a cover letter, CV, statement of research interests, and names and contact details of three referees to: ismc.personnel@aku.edu. Incomplete applications will not be considered.For specific questions about the fellowship please contact Jeff Tan.

Application Deadline: 2 Jan 2020

John Jay College, US

job title: tenure-track Assistant Professor

The Economics Department of John Jay College of the City University of New York (CUNY) invites applications for a full-time Assistant Professor tenure-track faculty position in Economics to begin Fall 2020. The department is dedicated to pluralism and diversity in economics, thus heterodox applicants are encouraged to apply. We will consider candidates from the following fields: Political Economy, Economic Development, Microeconomics, Macroeconomics, Monetary Policy and Economic Policy. The successful applicant will teach at both the undergraduate and graduate levels, mentor undergraduate and graduate students, develop curricula, serve as course coordinators, and interact effectively with colleagues to support and enhance department culture. Candidates are expected to bring enthusiasm and demonstrated commitment to teaching and to develop and maintain an active research and publication agenda. Persons from demographic groups underrepresented in the economics profession are encouraged to apply.


Ph.D. degree in Economics or equivalent. Also required are the ability to teach successfully, willingness to participate in course and program development, and the ability to work with others for the good of institution.

How to apply

Please follow the instructions below:

Once you have registered or logged in with your user name and password, upload your the following:

For additional information email the chair of the hiring committee Geert Dhondt, or the chair of the Economics Department Jay Hamilton.

Application deadline: 7 December 2019

Open University, UK

Job title: Lecturer in Economics

As Lecturer in Economics you will support the Economics Discipline through an exciting period of expansion in undergraduate and postgraduate curriculum and further develop the vibrant economics research culture within the School of Social Sciences & Global Studies.

Skills and Experience

We are seeking an outstanding economist specialising in any area of economics and a candidate who will combine strong analytical ability with breadth of knowledge and understanding of different schools of thought in economics. You will be committed to the values and mission of The Open university and have experience of economics teaching at undergraduate and/or postgraduate levels and the capability to produce teaching materials for distance-based learning. You will have a developing track record of research targeting high quality publications and experience of bidding for research funding. You will have completed a PhD, or close to completed, in economics, or a closely related subject, or be able to demonstrate equivalent experience. You will be able to work to deadlines and have excellent communication skills.

How to apply

To apply, please complete a short application form and include your CV (including details of academic qualifications, teaching, management and research experience, grants received and publications) together with a covering letter, no more than 2 sides of A4, detailing how you meet the person specification, and email to Resourcing-Hub@open.ac.uk quoting the vacancy reference number 16756. Please send these three documents as three separate documents/files rather than combining them into one document/file.

Please find the full call and further information here.

Application Deadline: 6 December 2019

SUNY Cortland, US

Job title: full-time tenure-track Assistant Professor

The Economics Department at State University of New York College at Cortland (SUNY-Cortland) offers undergraduate majors in Business Economics, Economics, and Political Economy. Students may select courses from a wide variety of areas, including international trade and finance, economic development, money and banking, Marxian economics, labor economics, the political economy of women, political economy of race and class, globalization, environmental economics, and sports economics. Courses in the economics major may also be combined with a processional sequence leading to qualification for provisional certification as a teacher of secondary social studies.

Major Responsibilities


How to apply

For full consideration, apply online and submit the following:

For further information please visit the official website.

Application Deadline: 1 December 2019

University of Barcelona/Sciences Po, Spain/France

Job title: postdoctoral researcher in Economics/Sociology

The School of Economics of the University of Barcelona and the Economic Institutions Research Group (EIRG) of the Centre de Sociologie des Organisations (CSO) of Sciences Po (Institut d’études politiques de Paris), are seeking one post-doctoral researcher to work with Dr Paulo Serôdio (University of Barcelona) and Dr Catherine Comet (University of Lille) on the Independent Social Research Foundation funded project ‘Network Maps of Contemporary Economics in France’.

The project intends to study the structural determinants of the intellectual divide that has grown in the field of Economics in France over the last 20 years. The project has both a quantitative and a qualitative component. The successful candidate will lead the qualitative branch of the project, which will help understand the institutional determinants and structural conditions paving the way for the dominance of orthodox Economics in French policy-making over the last two decades

The qualitative stream of the project will involve running semi-structured interviews with prominent French economists who were once affiliated with institutions advising the French Government. The successful candidate will be expected to prepare, organize and run the interviews in Year 1, along with drafting a research article describing the data collected. In Year 2, the successful candidate will be expected to analyse the data, deploying a combination of qualitative research methodology and quantitative approaches, such as social network analysis, for which there will be ample support from the other members of the research group.

The successful candidate will hold affiliations with the Economic History department of the University of Barcelona’s School of Economics, and with the Economic Institutions Research Group, of the Centre des Sociologie des Organisations, at Sciences Po, where they will work under the direct supervision of Dr Catherine Comet and Professor Emmanuel Lazega (advisor) of CSO, Sciences Po Paris.


Candidates can expect to produce one publication-ready draft at the end of Year 1, co-authored with the remaining members of the research group, and two or more publication-ready drafts at the end of Year 2. Candidates with a strong interest in sociology of science, economic history, economic sociology and other interdisciplinary approaches to the field are particularly encouraged to apply.

The post is offered for 24 months, full-time, with a gross salary of €34,000 per annum. The post comes with strong administrative support and a travel budget to cover fieldwork expenses. The successful candidate will also benefit from working in a supportive research environment, mentoring and flexible working arrangements. Although the position is based at the University of Barcelona, it also requires sufficiently long research stays in France to conduct fieldwork.

Application Deadline: 20 December 2019

University of Lausanne, Switzerland

Job title: 2 PhD positions in social and economic history

Within the Institute of Political Science, the Centre of Walras Pareto for the history of economic and politital thought is opening 2 full-time Phd-position on the history of moral accounting and consumer governance. The position is part of the Swiss National Science Foundation (SNSF) funded project "Moral Accounting Matters: A History of Consumer Governance". The project reconstructs the history of consumer (self-) governance from three different sites and moments in history:

You will work on the first part of the project in a team under the supervision of Prof. Harro Maas. For more information about the project, please take a look here.

Your qualifications

Your responsibilities

Your application
Please send your full application in Word or PDF with the following documents:

Please find further information and how to apply here.

Application Deadline: 15 January 2020

University of Missouri-Kansas City, US

Job title: tenure-track Assistant Professor

University of Missouri-Kansas City Economics Department announces a tenure-track position at the rank of Assistant Professor. We seek candidates whose work complements the department’s heterodox orientation. Applications from candidates with fields in any area are encouraged. Candidates working with quantitative empirical methods are especially encouraged.

This position is subject to University funding and approval. We value candidates with a commitment to improving access to higher education for historically underrepresented students. A Ph.D. completed by 08/01/2020 is required. Initial interviews will be conducted via video conference with second-round interviews either at the 2020 ASSA meetings in San Diego, or by video conference for candidates not attending the meetings.

How to apply

Applicants should apply and upload a cover letter, curriculum vitae, sample of scholarly work, and a statement of teaching philosophy through the UMKC Human Resources web portal (Job ID: 31992). In addition, three letters of recommendation should be submitted to the UMKC Department of Economics via the Job Openings for Economists reference letter system (find instructions here).

For further information visit the official website.

Application Deadline: Review of applications begins 22 November 2019 and will continue until the position is filled.

University of Redlands, US

Job title: tenure-track Assistant Professor

The Economics Department in the College of Arts and Sciences at the University of Redlands invites applications for a full-time, tenure-track Assistant Professor position in health and public economics, beginning September 2020.

The ideal candidate for this position will have a PhD in economics by the time of hire, research and teaching interests in health and public economics, the ability to offer courses cross-listed with the Health, Medicine, and Society and Public Policy programs as needed, and a proven intellectual disposition to work across disciplines. Especially strong candidates will have demonstrated interests and teaching capabilities in the intersection between health policy, poverty and inequality, and differences in health outcomes based on race, gender, and socioeconomic status. The department of economics is especially interested in candidates whose teaching and research will contribute to the department's commitment to pluralism.

Positions Criteria: Earned PhD in economics. A strong commitment to undergraduate teaching is expected.

How to apply

Applications will be accepted only through Academic Jobs Online website. Applicants should submit an application letter, curriculum vitae, teaching philosophy statement, a statement detailing their ability to serve diverse learning communities and foster diversity and inclusion, evidence of teaching competency, writing sample, unofficial graduate school transcripts, and three letters of reference. Submit a University of Redlands Administrator application form online. For detailed information please visit the official website.

Application Deadline: 1 December 2019

University of Science and Arts of Oklahoma, US

Job title: Assistant Professor Economics

The University of Science and Arts of Oklahoma invites applications for a full-time, tenure track position at the Assistant Professor level effective Fall 2020. The successful candidate will be a generalist who will teach both introductory and upper-division coursework leading to a B.A. degree in economics, and will team-teach in USAO’s Interdisciplinary Core Curriculum. Candidates must have a strong interest in undergraduate teaching, academic advising, and supervision of undergraduate research. Scholarly activity, broadly defined, is expected. Ph.D in Economics preferred; ABD will be considered. Applications from all economic traditions are welcomed. A record of successful teaching in higher education is desired, and evidence of potential for scholarly productivity is required. Individuals with an understanding of and commitment to interdisciplinary, liberal arts education are especially encouraged to apply.

Application Requirements:

Please find a link to the job posting here.

Application Deadline: 31 January 2020

University of Southern Maine, US

Job title: Assistant Professor of Economics

University of Southern Maine Economics Program seeks to hire a tenure track assistant professor commencing Fall 2020. We seek a Political Economist who will teach intermediate macroeconomics, Modern Monetary Theory, and money and banking; related introductory courses and field courses from among Modern Monetary Theory, Development Economics, and International/Global Economics would also be welcome. We live our USM Service Promise Student Focused Every Day and we are looking for a faculty member who understands that promise and supports our values: Respect & Care, Integrity, Equity and Responsiveness.

Candidates must have a strong and demonstrated record of teaching. This position requires a 3-3 teaching load. The University of Southern Maine Economics Program has a proud tradition of faculty trained in heterodox as well as neo-classical economics, with research interests in macro-theory and money, global and regional development, economic history, applied microeconomics including labor, gender, happiness, food, environmental and natural resources and social justice. The program seeks faculty who are able to introduce students to standard quantitative and theoretical methods, who understand the value of humanistic/liberal arts approaches, institutional and historical inquiry, student writing, and classroom participation.

How to apply:

You will need to upload a cover letter, resume/curriculum vitae, a job market paper (research sample), a statement of teaching philosophy, a sample syllabus, complete teaching evaluations, and a list of contact information for three references. Please find the call here.

Submission Deadline: 2 December 2019

University of York, UK

Job title: Centre Director

The York Centre of the Stockholm Environment Institute is seeking a new Centre Director. As Director you will be responsible for the strategic leadership and management of the Centre, working closely with leadership teams at SEI HQ (based in Stockholm) and the University of York to support the development and growth of the Centre. Management and leadership duties will encompass roughly half of your role, 50% remaining to develop your research; securing ambitious, high value grants that generate real-world impact. You will act as an ambassador for the work of SEI York, supporting, inspiring and mentoring other colleagues in the delivery of their research objectives and career development.

You will be supported in this role by the Deputy Director and Executive Assistant, alongside the Centre Management Team and Research Committee.

Key Requirements

Please find the full job application here.

Application Deadline: 5 January 2020

Vienna Institute for International Economic Studies, Austria

Job title: Research Economist with a focus on Western Balkans, macroeconomics and/or monetary policy and finance

Major tasks


Please send your application (with cover letter, CV and copies of certificates) via email as soon as possible.


Call for Nominations: Craufurd Goodwin Best Article in the History of Economics Prize

The History of Economics Society welcomes nominations for The Craufurd Goodwin Best Article in the History of Economics Prize. In addition to the honor, the winner will receive a $500 award plus travel expenses of up to $1000 to attend the Society's annual conference (June 2020 in Utrecht, The Netherlands). Craufurd Goodwin, who passed away in 2017, was a founding member, past President and distinguished fellow of the History of Economics Society. His long and outstanding editorship of History of Political Economy helped shape the professional community of historians of economics.

Any article in the history of economics published in English during 2019 is eligible for the award. It is recognized however, that despite official publication dates, many publications are shipped after year end. In such cases, relevant articles that are in 'proof' form, with accompanying evidence of the journal and year of publication, may be accepted at the discretion of the Chair of the committee. Nomination of an article by its author is welcome. Besides the nominated articles, the Committee will consider all articles published in the Society's journal, Journal for the History of Economic Thought. The members of the Selection Committee this year are Hsiang-Ke Chao (National Tsing Hua University), Andrej Svorencik (University of Mannheim), and Ana Maria Bianchi (chair, University of Sao Paulo).

Nominations (brief reasons), including a complete citation of the article and/or a pdf of the article, should be sent as soon as possible to the chair of the committee, Ana Maria Bianchi.

Application Deadline: 31 January 2020

Call for Submissions: Egon-Matzner-Award for Socio-Economics 2019

On the occasion of the 40th anniversary of the Department of Public Finance and Infrastructure Policy (Institute of Spatial Planning) at the Vienna University of Technology, the Egon-Matzner-Award for Socio-Economics was established in 2012; it will be conferred on 15th April 2019 for the eighth time. The Egon-Matzner-Award will be presented to young scientists (up to 35 years of age) for their scientific publications (namely contributions to journals or monographs issued by in-ternational scientific publishers) and for excellent doctoral theses.

In particular, studies in the following thematic fields can be submitted:

Papers will be preferred that especially

Submissions including the author’s CV have to be sent electronically per email. For further information, please contact Prof. Dr. Michael Getzner.

Please find further informations here.

Submission Deadline: 10 Feburary 2019

Call for Submissions: Warren Samuels Prize 2020

The Association for Social Economics (ASE), one of the founding member organizations of the Allied Social Science Associations (ASSA), together with the Review of Social Economy, invites submissions for the 2020 Warren Samuels Prize. This prize is awarded to a paper, presented at the January 2020 ASSA meetings, that best exemplifies scholarly work that:

It is preferable, but not required, that the paper is presented at one of the ASSA sessions sponsored by the ASE. Papers will not normally exceed 6,500 words (inclusive of references and notes), and should follow the style guidelines for the Review of Social Economy. The winner of the prize will be announced during the ASE presidential breakfast, to which the winner is invited. The winning paper may, subject to peer review, be published in a subsequent issue of the Review of Social Economy. The winner of the Warren Samuels Prize receives a $500 stipend. The selection committee consists of the immediate past-president of the ASE; a co-editor of the Review of Social Economy (Chair); and a member of the Editorial Board of the Review of Social Economy.

How to submit

Please send your paper electronically, as a word or pdf attachment, to Amitava Dutt.

Submission Deadline: 11 December 2019 (5pm)


Accounting, Organizations and Society 78

Jeremy Douthit and Michael Majerczyk: Subordinate perceptions of the superior and agency costs: Theory and evidence

Margaret A. Abernethy, Like Jiang and Yu Flora Kuang: Can organizational identification mitigate the CEO horizon problem?

Renata Stenka and Sylvia Jaworska: The use of made-up users

Daniel E. Martinez and David J. Cooper: Assembling performance measurement through engagement

Stephen P. Walker: From nobodies to revolutionaries. Clerks, accounting and capitalism.

Bruce G. Carruthers: Accounting for clerks: on the paper work of capitalism.

Annals of Public and Cooperative Economics 90 (4)








Capitalism Nature Socialism 30 (4)

Saed: James Richard O’Connor’s Ecological Marxism

Giovanna Ricoveri: The Legacy of James O’Connor: An Atypical Marxist

Alan P. Rudy: On Misunderstanding the Second Contradiction Thesis

Alfredo Agustoni: From The Fiscal Crisis of the State to the Second Contradiction of Capitaism: James O’Connor’s Intellectual Journey

Pier Paolo Poggio: Giorgio Nebbia: An Ecologist Open to Hope

Helena Feder: “Never Waste a Good Crisis”: An Interview with Mary Mellor

George Martin: An Ecosocial Frame for Autonomous Vehicles

Alf Hornborg: The Money–Energy–Technology Complex and Ecological Marxism: Rethinking the Concept of “Use-value” to Extend Our Understanding of Unequal Exchange, Part 2

Ted Trainer: An Anarchism for Today: The Simpler Way

Rebecca Ellis: Save the Bees? Agrochemical Corporations and the Debate Over Neonicotinoids in Ontario

Ecological Economics 168

Robert Costanza: Ecological economics in 2049: Getting beyond the argument culture to the world we all want

James Blignaut, James Aronson: Developing a restoration narrative: A pathway towards system-wide healing and a restorative culture

Samad Azad, Tihomir Ancev: Assessing the dynamics of natural capital on farms: A soil natural capital indicator

Sergei Schaub, Nina Buchmann, Andreas Lüscher, Robert Finger: Economic benefits from plant species diversity in intensively managed grasslands

Arild Vatn: Institutions for sustainability—Towards an expanded research program for ecological economics

Yongsheng Lin, Zhanfeng Dong, Wei Zhang, Hongyu Zhang: Estimating inter-regional payments for ecosystem services: Taking China’s Beijing-Tianjin-Hebei region as an example

Michael Köhl, Prem Raj Neupane, Philip Mundhenk: REDD+ measurement, reporting and verification – A cost trap? Implications for financing REDD+MRV costs by result-based payments

International Journal of Political Economy 48 (3)

Servaas Storm: Lost in Deflation: Why Italy’s Woes Are a Warning to the Whole Eurozone

Salvatore Perri: Italy on the Way to Trumpism

Emiliano Brancaccio & Damiano Buonaguidi: Stock Market Volatility Tests: A Classical-Keynesian Alternative to Mainstream Interpretations

Massimo Cingolani: Necessary Public Investment: The Role of Public Banks

Journal of Evolutionary Economics 29 (5)

Dominique Foray: On sector-non-neutral innovation policy: towards new design principles

Jan Schnellenbach & Christian Schubert: A note on the behavioral political economy of innovation policy

Jutta Günther, Maria Kristalova & Udo Ludwig: Structural stability of the research & development sector in European economies despite the economic crisis

Thomas Brenner & Franziska Pudelko: The effects of public research and subsidies on regional structural strength

Marcel Bednarz & Tom Broekel: The relationship of policy induced R&D networks and inter-regional knowledge diffusion

Carsten Herrmann-Pillath: Power, ideas and culture in the ‘longue durée’ of institutional evolution: theory and application on the revolutions of property rights in Russia

Gerhard Wegner: Entrepreneurship in autocratic regimes – how neo-patrimonialism constrains innovation

Journal of Institutional Economics 15 (6)

Ryan H. Murphy: Liberalizing, state building, and getting to Denmark: analyzing 21-century institutional change

Aidan Walsh, Malcolm Brady: Chester Barnard revisited: spontaneous orders and the firm

John A. Dove, Andrew T. Young: US State constitutional entrenchment and default in the 19th century

George Tridimas: Democracy without political parties: the case of ancient Athens

Niclas Berggren, Martin Ljunge, Therese Nilsson: Roots of tolerance among second-generation immigrants

Fabien Candau, Tchapo Gbandi: Trade and institutions: explaining urban giants

Patrick Newman: Personnel is Policy: Regulatory Capture at the Federal Trade Commission, 1914–1929

Geoffrey M. Hodgson, Michael Polanyi: Editorial introduction to ‘Collectivist planning’ by Michael Polanyi (1940)

Journal of Post Keynesian Economics 42 (4)

Marc Lavoie & Severin Reissl: Further insights on endogenous money and the liquidity preference theory of interest

Giancarlo Bertocco & Andrea Kalajzić: On the monetary nature of the interest rate in a Keynes–Schumpeter perspective

Hartmut Elsenhans: Rising mass incomes as a condition of capitalist growth. Preserving capitalism through the empowerment of labor in the past and the present

Olga Mikheeva: Financing of innovation: national development banks in newly industrialized countries of East Asia

Verónica De Jesús & Julio López: On wage- and profit-led demand regimes: learning from the evidence

Raquel A. Ramos: A Minskyan account of emerging currencies dynamics

PLS Quarterly Review 72 (290)

Amit Bhaduri: The making of a dissenting economist: Amit Bhaduri (1940-)

Stefano Fenoaltea: Of economics and statistics: the “Gerschenkron effect”

Douglas Alencar, Eduardo Strachman, Lúcio Otávio Seixas Barbosa and Cláudio Alberto Castelo Branco Puty: On foreign direct investments and the balance of payments constrained growth model in Latin America, 1990-2014

Ilhan Dögüs: Rising wage differential between white-collar and blue-collar workers and market concentration: The case of the USA, 1964-2007

Review of International Political Economy 26 (6)

Orfeo Fioretos & Eugénia C. Heldt: Legacies and innovations in global economic governance since Bretton Woods

Eric Helleiner: The life and times of embedded liberalism: legacies and innovations since Bretton Woods

Orfeo Fioretos: Minilateralism and informality in international monetary cooperation

Eugénia C. Heldt & Henning Schmidtke: Explaining coherence in international regime complexes: How the World Bank shapes the field of multilateral development finance

Susanne Lütz, Sven Hilgers & Sebastian Schneider: Accountants, Europeanists and Monetary Guardians: bureaucratic cultures and conflicts in IMF-EU lending programs

Ben Clift: Contingent Keynesianism: the IMF’s model answer to the post-crash fiscal policy efficacy question in advanced economies

Emanuele Ferragina: The political economy of family policy expansion

Lena Maria Schaffer & Gabriele Spilker: Self-interest versus sociotropic considerations: an information-based perspective to understanding individuals’ trade preferences

Amy Reynolds: Evaluating trade policies: the political engagement of religious actors in Costa Rica, Canada, and the United States

Antulio Rosales: Radical rentierism: gold mining, cryptocurrency and commodity collateralization in Venezuela

Jacob a. Hasselbalch: Framing brain drain: between solidarity and skills in European labor mobility

Felix Mantz: Decolonizing the IPE syllabus: Eurocentrism and the coloniality of knowledge in International Political Economy

Review of Keynesian Studies (1) [Inaugural Issue]

Jan Kregel: Globalization, Nationalism, and Clearing Systems

Bradley W. Bateman: What Has Become of Keynesian Economics?

Anna Carabelli and Mario Cedrini: Keynes, the Eurozone Problem and the Issue of Policy Space

Asahi Noguchi:Shifting Policy Strategy in Keynesianism

Yoshio Watanabe: A Post-Keynesian View of Negative Interest Rate Policy

Jiro Obata: Reappraisal of Hicks's Theory of Money and Capital

Ken-ichi Hashimoto and Yoshiyasu Ono: Consumption Function and Keynesian Cross under Dynamic Optimization

Please find a link to the current issue here.

Review of Political Economy 31 (2)

Marc Lavoie: A System with Zero Reserves and with Clearing Outside of the Central Bank: The Canadian Case

Darrin Downes & Tarron Khemraj: Foreign Exchange Pressure in Barbados: Monetary Approach or Monetary Dependence?

Eric Kam, John Smithin & Aqeela Tabassum: The Long-Run Non-Neutrality of Monetary Policy: A General Statement in a Dynamic General Equilibrium Model

Thomas Palley: Unemployment and Growth: Putting Unemployment into Post Keynesian Growth Theory

Sandye Gloria: From Methodological Individualism to Complexity: The Case of Ludwig Lachmann

C. Sardoni: Investment and Saving in a Dynamic Context: The Contributions of Athanasios (Tom) Asimakopulos

P. Sai-wing Ho: Re-Examining the Development of Hirschman’s Linkage Analysis with Detection of Smithian Flavor

Olivier Blanchard & Emiliano Brancaccio: Crisis and Revolution in Economic Theory and Policy: A Debate

The Economic and Labour Relations Review 30 (4)

Radhika Balakrishnan and William Milberg: Firm innovation and capitalist dialectics: The economics of Nina Shapiro

Paul Dalziel: Wellbeing economics in public policy: A distinctive Australasian contribution?

Arantza Gomez Arana, Jay Rowe, Alex de Ruyter, Rebecca Semmens-Wheeler, and Kimberley Hill: Brexit: ‘Revolt’ against the ‘elites’ or Trojan horse for more deregulation?

David Walters and Michael Quinlan: Voice and resistance: Coalminers’ struggles to represent their health and safety interests in Australia and New Zealand 1871–1925

Takahiko Kudo and Michael H Belzer: Safe rates and unpaid labour: Non-driving pay and truck driver work hours

Conghua Xue and Lijun Tang: Organisational support and safety management: A study of shipboard safety supervision

Braham Dabscheck: Pauli Murray: The US firebrand’s unique opportunity to influence a continent

The European Journal of the History of Economic Thought 26 (5)

Milan Zafirovski: The dark side of capitalism – in orthodox economics?

N. Emrah Aydinonat & Emin Köksal: Explanatory value in context: the curious case of Hotelling’s location model

Agnès Festré: Hayek on expectations: the interplay between two complex systems

Stefan Kolev: The puzzles of a triumvir: Friedrich von Wieser as political economist and sociologist

Katharina Friederike Sträter: Semi-normative theories of bounded rationality – back to German roots

Akos Sivado: The ontology of Sir William Petty’s political arithmetic

Adrien Lutz & Antoinette Baujard: Is there a link between Saint-Simonian ability and the capability approach to social justice?

Roger E. Backhouse & Béatrice Cherrier: Paul Samuelson, gender bias and discrimination

The Review of Austrian Economics 32 (4)

Andrew T. Young: How Austrians can contribute to constitutional political economy (and why they should)

Niklas Elert & Magnus Henrekson: The collaborative innovation bloc: A new mission for Austrian economics

Nicolai J. Foss, Peter G. Klein & Matthew McCaffrey: The entrepreneurship scholar plays with blocs: Collaborative innovation or collaborative judgment?

David S. Lucas: The political economy of the collaborative innovation bloc

Per L. Bylund: Where is the Austrian theory of collaborative orders? Comment on Elert and Henrekson

Niklas Elert & Magnus Henrekson: The collaborative innovation bloc: A reply to our commentators

Saverio M. Fratini: A note on re-switching, the average period of production and the Austrian business-cycle theory

Peter Lewin & Nicolas Cachanosky: Re-switching, the average period of production and the Austrian business-cycle theory: A comment on Fratini

Saverio M. Fratini: Re-switching and the Austrian business-cycle theory: A rejoinder

The Review of Black Political Economy 46 (4)

Susan T. Gooden and Samuel L. Myers, Jr.: Introduction to the Special Edition of the Review of Black Political Economy on Revisiting the Kerner Commission Report

Rick Loessberg: “Why Wouldn’t I Have Asked Him?”: Herbert Gans, Chapter 9 of the Kerner Report, and the Resolution of a Dilemma

Andrea M. Headley and James E. Wright, II: National Police Reform Commissions: Evidence-Based Practices or Unfulfilled Promises?

Bradley L. Hardy, Rhucha Samudra, and Jourdan A. Davis: Cash Assistance in America: The Role of Race, Politics, and Poverty

Brandi Blessett: Rethinking Citizenship: Faith Institutions and Residents Working to Coproduce a New Reality for Returning Citizens

Gregory N. Price: The Kerner Commission Report: Did It Incentivize or Cause an Increase in the Production and Hiring of Black PhD Economists in Academia?

Margaret C. Simms and Cecilia A. Conrad: Diversity in the Dismal Science: The Stanford Experience

Charles L. Betsey: African Americans in Economics at the University of Michigan-Ann Arbor Since the Kerner Commission Report of 1968

Books and Book Series

Transnational Corporations and International Production Concepts, Theories and Effects

by Grazia Ietto-Gillies | 2019, Edward Elgar Publishing

Thoroughly updated and substantially extended, this internationally successful text explores transnational corporations (TNCs), their activities and effects, as well as the theories developed to explain them.

Key features of the third edition:

Please find a link to the book here.

A Brief History of Doom: Two Hundred Years of Financial Crises

by Richard Vague | 2019, University of Pennsylvania Press

A Brief History of Doom examines a series of major crises over the past 200 years in the United States, Great Britain, Germany, France, Japan, and China—including the Great Depression and the economic meltdown of 2008. Vague demonstrates that the over-accumulation of private debt does a better job than any other variable of explaining and predicting financial crises. In a series of clear and gripping chapters, he shows that in each case the rapid growth of loans produced widespread overcapacity, which then led to the spread of bad loans and bank failures. This cycle, according to Vague, is the essence of financial crises and the script they invariably follow.

The story of financial crisis is fundamentally the story of private debt and runaway lending. Convinced that we have it within our power to break the cycle, Vague provides the tools to enable politicians, bankers, and private citizens to recognize and respond to the danger signs before it begins again.

Please find a link to the book here.

After Geoengineering: Climate Tragedy, Repair, and Restoration

by Holly Jean Buck | 2019, Verso Books

Climate engineering is a dystopian project. But as the human species hurtles ever faster towards its own extinction, geoengineering as a temporary fix, to buy time for carbon removal, is a seductive idea. We are right to fear that geoengineering will be used to maintain the status quo, but is there another possible future after geoengineering? Can these technologies and practices be used as technologies of repair, to bring carbon levels back down to pre-industrial levels? Are there possibilities for massive intentional intervention in the climate that are democratic, decentralized, or participatory? Is there a scenario where the people can define and enact geoengineering on our own terms?

These questions are provocative, because they go against a binary that has become common sense: geoengineering is assumed to be on the side of industrial agriculture, inequality and ecomodernism, in opposition to degrowth, renewable energy, sustainable agriculture and climate justice. After Geoengineering rejects this binary, to ask: what if the people seized the means of climate production? Both critical and utopian, the book examines the possible futures after geoengineering. Rejecting the idea that geoengineering is some kind of easy work-around, Holly Buck outlines the kind of social transformation that would be necessary to enact a programme of geoengineering in the first place.

Please find a link to the book here.

Authoritarian Neoliberalism: Philosophies, Practices, Contestations

Authoritarian Neoliberalism explores how neoliberal forms of managing capitalism are challenging democratic governance at local, national and international levels. Identifying a spectrum of policies and practices that seek to reproduce neoliberalism and shield it from popular and democratic contestation, contributors provide original case studies that investigate the legal-administrative, social, coercive and corporate dimensions of authoritarian neoliberalism across the global North and South. They detail the crisis-ridden intertwinement of authoritarian statecraft and neoliberal reforms, and trace the transformation of key societal sites in capitalism (e.g. states, households, workplaces, urban spaces) through uneven yet cumulative processes of neoliberalization. Informed by innovative conceptual and methodological approaches, Authoritarian Neoliberalism uncovers how inequalities of power are produced and reproduced in capitalist societies, and highlights how alternatives to neoliberalism can be formulated and pursued. The book was originally published as a special issue of Globalizations.

Please find a link to the book here.

Contemporary Oligarchies in Developed Democracies

by Shelly Gottfried | 2019, Palgrave

The book analyzes concentrations of wealth and power in developed democracies. It shows that economic measures, which states adopted during the 1980s and 1990s, had evolved first into liberal oligarchy, and later, after the 2007-2008 global financial crisis, into illiberal and populist oligarchy. The shape and content of these two kinds of oligarchy have been determined largely because of practices and political strategies that powerful state and market actors employed. This project will appeal to a wide audience including academics, researchers, students, and anyone who is interested in oligarchy political power, IR, political economy, and sociology.

Please find a link to the book here.

Dark Matter Credit: The Development of Peer-to-Peer Lending and Banking in France

by Philip T. Hoffman, Gilles Postel-Vinay, and Jean-Laurent Rosenthal | 2019, Princeton University Press

Prevailing wisdom dictates that, without banks, countries would be mired in poverty. Yet somehow much of Europe managed to grow rich long before the diffusion of banks. Dark Matter Credit draws on centuries of cleverly collected loan data from France to reveal how credit abounded well before banks opened their doors. This incisive book shows how a vast system of shadow credit enabled nearly a third of French families to borrow in 1740, and by 1840 funded as much mortgage debt as the American banking system of the 1950s.

Dark Matter Credit traces how this extensive private network outcompeted banks and thrived prior to World War I—not just in France but in Britain, Germany, and the United States—until killed off by government intervention after 1918. Overturning common assumptions about banks and economic growth, the book paints a revealing picture of an until-now hidden market of thousands of peer-to-peer loans made possible by a network of brokers who matched lenders with borrowers and certified the borrowers’ creditworthiness.

A major work of scholarship, Dark Matter Credit challenges widespread misperceptions about French economic history, such as the notion that banks proliferated slowly, and the idea that financial innovation was hobbled by French law. By documenting how intermediaries in the shadow credit market devised effective financial instruments, this compelling book provides new insights into how countries can develop and thrive today.

Please find a link to the book here.

Digitisation and Precarisation: Redefining Work and Redefining Society

edited by Vyacheslav Bobkov and Peter Herrmann | 2020, Springer Verlag

Currently it is fashionable to talk about digitisation, robotisation, industry 4.0, but also about the gig economy, the Millenials, precarisation and the like. However, the relevant issues are too often taken in isolation, referring to an extrapolation of overcome structures. The present collection aims on moving further by qualifying some aspects, and also by approaching the topic from distinct perspectives in order to arrive at an assessment of emerging changes of the socio-economic formation.

Please find a link to the book here.

Economics and the Ecosystem

edited by Edward Fullbrook and jamie Morgan | 2019, World Economics Association Books

The economic common sense of the last half century blinded us to our collective environmental consequences as a species. But now natural scientists have, for some of us, opened our eyes to our dire situation. “Extinction Rebellion” and other new civil society and expert activist movements have begun to appear. Encouragingly, the young seem particularly attuned to the scale of the crisis they have been bequeathed. A call to sanity has been initiated. Are we sufficiently rational as a species to respond?

Science tells us that the ecological emergency requires a fundamental reorientation of how the global economy works. This requires a mass mobilization to an extent never previously seen outside of a war setting. However, as these essays explain, the very form and function of our political economies resist both recognizing the gravity of the situation and translating any recognition into concrete and immediate action.

The essays collected here are predominantly informed by an ecological economics perspective. As such, they are implicitly or explicitly critical of the theory and role of mainstream economics both in creating the emergency and now in hiding its existence. Especially at issue are mainstream concepts that are antithetical to recognizing environmental limits and to remaining within them.

Natural scientists tell us that if we make systemic changes now, it is likely that we can avoid the ultimate catastrophe. But this requires, beginning today, massive action in the public sphere, including fundamental changes in the way economics is taught each year to millions of the young in Economics 101.

Please find a link to the book here.

Evolutionary Financial Macroeconomics

by Giorgos Argitis | Routledge, 2019

Thorstein Veblen and Hyman Minsky are seminal thinkers who place great importance on the interaction between processes that link finance and financial markets with economic and social evolution. This book makes a contribution to the recontextualisation of the habitual, non-evolutionary and laissez-faire macroeconomic theory and policy, thus exposing the relevant contribution of the macro-theories of Veblen and Minsky.

The book starts with an elucidation of Veblen’s cultural theory of insufficient private demand, waste and financial fragility and instability. It shows how speculative and parasitic leverage engenders solvency illusions and risk, pecuniary efficiency, low quality liability structures and socially destructive boom-bust cycles.Minsky’screative destruction liquidity processes and coordination failures of cash flow escalate the aforementioned path-dependent developments and explosive dynamics of capitalist economies. The main themes of the book are the cultural, evolutionary and holistic vision of macroeconomics, the evolving habits of mind, routines and financial institutions, the speculative, manipulated and unstable financial markets, as well as the financial macroeconomic destabilizing effects of pecuniary and parasitic consumption and investment. This book will be of great interest to researchers, intellectuals and students pursuing economics and finance.

Please find a link to the book here.

Great Thinkers in Economics: Sir Roy Harrod

by Esteban Perez | 2019, Great Thinkers in Economics, Palgrave-Macmillan

This landmark book describes and analyzes the original contributions Sir Roy Harrod made to fields including microeconomics, macroeconomics, international trade and finance, growth theory, trade cycle analysis and economic methodology. Harrod’s prolific writings reflect an astounding and unique intellectual capacity, and a wide range of interests. He became Keynes´ biographer and wrote a volume on inductive logic. At the policy level, Harrod played a central role in the formulation of the Keynes´ Clearing Union plan for international monetary reform. He also actively participated in British politics and government and gained recognition as an expert in the field of international economics. Yet, until now, Harrod has remained an underrated economist, commonly misunderstood and misrepresented. This is the first major intellectual biography of Harrod to be published.

Please find a link to the book here, and full list of titles in the Great Thinkers in Economics series here.

Institutions and Evolution of Capitalism: Essays in Honour of Geoffrey M. Hodgson

edited by Francesca Gagliardi and David Gindis | 2019, Edward Elgar Publishing

Geoffrey M. Hodgson has made substantial contributions to institutional and evolutionary economics, economic methodology, the history of economic thought and social theory. To mark his seminal work, this book features original contributions by world-leading scholars from fields that have played a significant role in influencing his thinking or represent key debates to which he has contributed. Building on some of the central philosophical and methodological foundations underlying Hodgson’s thinking, the book is organized around the recurring themes of institutions, evolution and capitalism. The contributors explore key connections between philosophy, the history of economic thought, and institutional and evolutionary economics in the light of Hodgson’s often path-breaking work.

Please find a link to the book here.

Labour and Value: Rethinking Marx’s Theory of Exploitation

by Ernesto Screpanti | Open Book Publishers, 2019

In this book Ernesto Screpanti provides a rigorous examination of Marx’s theory of exploitation, one of the cornerstones of Marxist thought. With precision and clarity, he identifies the holes in traditional readings of Marx’s theory before advancing his own original interpretation, drawing on contemporary philosophy and economic theory to provide a refreshingly interdisciplinary exegesis. Screpanti’s arguments are delivered with perspicuity and verve: this is a book that aims to spark a debate. He exposes ambiguities present in Marx’s exposition of his own theory, especially when dealing with the employment contract and the notions of ‘abstract labor’ and ‘labor value’, and he argues that these ambiguities have given rise to misunderstandings in previous analyses of Marx’s theory of exploitation. Screpanti’s own interpretation is a meticulously argued counterpoint to these traditional interpretations.

Labour and Value is a significant contribution to the theory of economics, particularly Marxist economics. It will also be of great interest to scholars in other disciplines including sociology, political science, and moral and political philosophy. Screpanti’s clear and engaging writing style will attract the interested general reader as well as the academic theorist.

Please find a link to the book here.

Money and Government: The Past and Future of Economics

by Robert Skidelsky | 2019, Yale University Press

The dominant view in economics is that money and government should play only a minor role in economic life. Economic outcomes, it is claimed, are best left to the “invisible hand” of the market. Yet these claims remain staunchly unsettled. The view taken in this important new book is that the omnipresence of uncertainty makes money and government essential features of any market economy. Since Adam Smith, classical economics has espoused nonintervention in markets. The Great Depression brought Keynesian economics to the fore, but stagflation in the 1970s brought a return to small-state orthodoxy. The 2008 global financial crash should have brought a reevaluation of that stance; instead the response has been punishing austerity and anemic recovery. This book aims to reintroduce Keynes’s central insights to a new generation of economists, and embolden them to return money and government to the starring roles in the economic drama that they deserve.

Please find a link to the book here.

State-permeated Capitalism in Large Emerging Economies

This book systematically analyzes the economic dynamics of large emerging economies from an extended Comparative Capitalisms perspective. Coining the phrase ‘state-permeated capitalism’, the authors shift the focus of research from economic policy alone, towards the real world of corporate and state behaviour.

On the basis of four empirical case studies (Brazil, India, China, South Africa), the main drivers for robust economic growth in these countries from the 2000s until the 2010s are revealed. These are found, in particular, in mutual institutional compatibilities of ‘state-permeated capitalism’, in their large domestic markets, and beneficial global economic constellations. Differences in their institutional arrangements are explored to explain why China and India have been more economically successful than Brazil and South Africa. The authors highlight substantial challenges for the stability of state-permeated capitalism and assess the potential future growth, sustainability and likely pitfalls for these large emerging economies.

Opening further avenues for empirical and theoretical research, this book raises questions for the future of the global economic order and should appeal to academics, graduate students and advanced undergraduates in politics, economics, economic sociology and development studies. It should also prove a worthwhile and provocative read for development practitioners and policy-makers.

Please find a link to the book here.

Surplus Citizens: Struggle and Nationalism in the Greek Crisis

by Dimitra Kotouza | 2019, Pluto Press

In Surplus Citizens, Dimitra Kotouza questions the terms of the debate by demonstrating how the national framing of social contestation posed obstacles to transformative collective action, but also how this framing has been challenged. Analysing the increasing superfluousness of subordinate classes in Greece as part of a global phenomenon with racialised and gendered dimensions, the book interrogates the strengths, contradictions and limits of collective action and identity in the crisis, from the movement of the squares and neighbourhood assemblies, to new forms of labour activism, environmental struggles, immigrant protests, anti-fascism and pro-refugee activism. Arguing against the strategic fixation on unified identities and pointing instead to the transformative potential of internal dispute within movements, Surplus Citizens highlights the relevance of a discussion of Greece to collective action beyond it, as we continue to traverse a global financial crisis that has provoked conflicts over nationalism, immigration and the rise of neo-fascism.

Please find a link to the book here.

The Evolution of Central Banking: Theory and History

by Stefano Ugolini | 2017, Palgrave

This book is the first complete survey of the evolution of monetary institutions and practices in Western countries from the Middle Ages to today. It radically rethinks previous attempts at a history of monetary institutions by avoiding institutional approach and shifting the focus away from the Anglo-American experience. Previous histories have been hamstrung by the linear, teleological assessment of the evolution of central banks. Free from such assumptions, Ugolini’s work offers bankers and policymakers valuable and profound insights into their institutions.

Using a functional approach, Ugolini charts an historical trajectory longer and broader than any other attempted on the subject. Moving away from the Anglo-American perspective, the book allows for a richer (and less biased) analysis of long-term trends. The book is ideal for researchers looking to better understand the evolution of the institutions that underlie the global economy.

Please find a link to the book here.

The Evolutionary Origins of Markets: How Evolution, Psychology and Biology Have Shaped the Economy

by Rojhat Avşar I 2019, Routledge

Our elaborate market exchange system owes its existence not to our calculating brain or insatiable self-centeredness, but rather to our sophisticated and nuanced human sociality and to the inherent rationality built into our emotions. The modern economic system is helped a lot more than hindered by our innate social instincts that support our remarkable capacity for building formal and informal institutions.

The book integrates the growing body of experimental evidence on human nature scattered across a variety of disciplines from experimental economics to social neuroscience into a coherent and original narrative about the extent to which market (or impersonal exchange) relations are reflective of the basic human sociality that was originally adapted to a more tribal existence.

An accessible resource, this book will appeal to students of all areas of economics, including Behavioral Economics and Neuro-Economics, Microeconomics, and Political Economy.

Please find a link to the book here.

Transition Economies: Transformation, Development, and Society in Eastern Europe and the Former Soviet Union

This interdisciplinary study offers a comprehensive analysis of the transition economies of Central and Eastern Europe and the former Soviet Union. Providing full historical context and drawing on a wide range of literature, this book explores the continuous economic and social transformation of the post-socialist world. While the future is yet to be determined, understanding the present phase of transformation is critical. The book’s core exploration evolves along three pivots of competitive economic structure, institutional change, and social welfare. The main elements include analysis of the emergence of the socialist economic model; its adaptations through the twentieth century; discussion of the 1990s market transition reforms; post-2008 crisis development; and the social and economic diversity in the region today. With an appreciation for country specifics, the book also considers the urgent problems of social policy, poverty, income inequality, and labor migration.

Please find a link to the book here.

Heterodox Graduate Programs, Scholarships and Grants

Call for Applications: Master of Arts in Political Economy of Money and Development

The Master of Arts in Political Economy of Money and Development at Franklin University Switzerland is a 12-month, full-time, course-based, intensive program that allows students the opportunity to develop a critical understanding of issues arising from the attempts to “rethink” economics in the aftermath of the global crisis, and frame new problems in a changing world. Students will acquire skills of theoretical and practical relevance in three areas: new and changing views of macroeconomic policy management, state-of-the-art tools of political, economic and financial analysis, and the changing role of developing and emerging economies in the global economy.

The program consists of three terms, with the last devoted to research, and begins with an orientation session to understand students’ interests and backgrounds that will tailor the program to match students’ profiles.There is a limited number of teaching assistantship positions available.

Please find further information here.

Early-Career Scholars Research Fund for the History of Economic Thought

The History of Economics Society welcomes applications by early career scholars for research funding of up to 1,500 dollars. The program supports early career scholars that otherwise would not have funds to undertake research activities. Up to 4 awards will be made every year.

Early career scholars are those studying for a PhD or within 4 years after completion of PhD. Eligible expenses include travel and accommodation costs for visits to archives, for recording of oral histories, or for similar activities. Subsistence, purchase of equipment, fees/licenses/rights, digitization and transcription costs are typically not eligible.

How to apply

The application must include a brief description of the project, details and full costings of expenses, mention of other funding applications submitted for the same activities. These materials should not exceed 750 words. In addition, the application must include a two page CV of the applicant and a letter of support from their supervisor. Submit proposals via email.

Applicants should be aware that there may not be a specialist of their topic among the evaluation committee. Candidates should therefore provide a short but clear summary of the state of the art (with a few key references), a clear justification of why the research question the grant is addressing advances the existing literature, and detailed information about the evidence the applicant intends to gather in the research activities.

Decisions will be made by the Early Career Scholars (formerly Young Scholars) committee. Please find additional information online.

Application Deadline: 1 December 2019 (and 15 May 2020)


economic sociology - the european electronic newsletter

Please find the current issue of the newsletter here.

For Your Information

The Association for Social Economics is seeking a Program Secretary

The Association for Social Economics (ASE) seeks a new Program Secretary. The Program Secretary is responsible for coordinating efforts in order to ensure smooth running of the ASE sessions at the Allied Social Science Associations (ASSA) annual meeting. This is a three-year term from January 2020 through December 2022, and the Program Secretary is appointed by the Executive Council of the ASE.

The Program Secretary:

The ASE is committed to equity in its policies and practices. The search committee ensures that applications for members of underrepresented groups are seriously considered. All qualified individuals who would contribute to the further diversification of our association are encouraged to apply. Self-identification to an underrepresented group is on a voluntary basis.

How to apply

In order to apply, please send a letter of interest and a CV to Prof. Steven Pressman (pressman@monmouth.edu), President Elect of the ASE. The nomination committee will start looking at applications in early December. Interviews will be held shortly thereafter.