Heterodox Economics Newsletter

Issue 256 December 16, 2019 web pdf Heterodox Economics Directory

This issue of the Heterodox Economics Newsletter comes not only with best wishes for your upcoming holidays, but also includes the usual plethora of hopefully interesting items. In this context, I wanted to draw your attention to the awards-category, where a series of awards are still open for nomination or submission, as well as to the three "Calls for Support" included in this issue. These calls typically ask for your public and/or financial support, so please consider distributing those items further as the underlying projects often critically depend on reaching larger audiences.

Other items in this Newsletter that I would recommend inspecting is the call for the conference of the Cambridge Journal of Economics on advances in heterodox economics and the entry on the European Journal of Economics and Economic Policies, which features a special issue on the late Kazimierz Laski. Laski is an important figure for myself as he, among others, inspired me to go into economics. He also has been a member of the Warsaw School of Economics, which I briefly introduced some issues ago. Finally, I wanted to point you to job ads related to the new PhD-program on the "Political Economy of Inequality" hosted at the Institute for Socio-Economics at University Duisburg-Essen (which also hosts this Newsletter). I am really glad about the fact that we managed to implement this program as we hope it contributes to our aim to more firmly establish Political Economy as legitimate field within the German-speaking academia. So, please do us the favor to forward the corresponding information to promising PhD-candidates potentially interested in this program.

Thanks and best,


© public domain

Table of contents

Call for Papers

17th Annual STOREP Conference: The Power of Economic Ideas (Rome, June 2020)

25-27 June 2020 | Rome, Italy

“The ideas of economists and political philosophers, both when they are right and when they are wrong, are more powerful than is commonly understood. Indeed the world is ruled by little else”. These words by Keynes invite us to reflect on the role of economic theory in shaping the economy and to go beyond conventional wisdom, which sees theory as neutral with respect to the world it describes. Reflection on the power of economic ideas will take us to explore three paths, policies, institutions and individuals, which together shape the economic system and its connections with society.

From the debate on free trade, at the time of Ricardo, to different views on fiscal policy and its contribution to stabilization and growth, examples abound regarding the role of ideas in shaping economic policies and institutions. Independent central banks, privatization of services formerly provided by the Welfare State, from pensions to health services and education, new markets to trade CO2 and electricity are all examples of institutions, designed to be consistent with the precepts of orthodox economic theory and its confidence in markets and their allocative function. A similar attitude pervades those who believe that rational individuals respond to economic incentives in a way, which can be empirically documented and exploited to improve institutional and policy design.

In distant and recent years, economists and historians of economic thought have expressed doubts about the possibility of improving society by relying exclusively on individual incentives and markets. These doubts echo recent debates on the limits of homo oeconomicus, representative-agent modelling and the idea that there is no such thing as society, but only individual men and women. Researchers who believe in the need to go beyond the representative agent explore different issues, including financialization, inequality, economic, environmental and urban issues, social dynamics, cooperation and social norms. The 2020 STOREP Annual Conference in Rome invites contributions that explore the power of economic ideas from a variety of perspectives: history of economics, economic history, a plurality of theoretical approaches and cooperation with other disciplines. Possible topics for the conference sessions include, but are not limited to:

Proposals of papers in all fields adopting a historical perspective and/or comparing different approaches to economic issues are also welcome. STOREP welcomes special sessions jointly organized with other scientific associations, and invites these latter to submit proposals. The 2020 STOREP Conference will jointly organize initiatives and special sessions with the Institute for New Economic Thinking (and the “Young Scholars Initiative”) as well as with students and researchers of the international network “Rethinking Economics”.

Submission Process

Proposals must be uploaded on the Submission websiteof the conference - i.e. via web-based software "Conference maker". To submit, please create an account, by providing basic contact info and choosing a user ID/password. If you signed up for a previous conference using Conference Maker, you can login with your existing user ID and password. Abstract proposals (with keywords, JEL codes, and affiliation) must not exceed 400 words. Session proposals should include the abstract of the three scheduled papers.

Please find more detailed information about registration and the conference here.

The Italian Association for the History of PoliticalEconomy (STOREP) provides deserving young scholars with two kinds of scholarship grants.

2) The two STOREP Awards (of 1000 € each) for the best articles presented at the 17th Annual STOREP Conference (see Call for Papers - 17th Annual STOREP Conference 2020) by young scholars under 40 years of age. All applications, with CV and the final version of the papers, should be sent to segretario@storep.org. Only papers co-authored by no more than 3 researchers, who all meet the requirements for belonging to the “Young” scholars, are eligible for the Award. Winning recipients of the award in one of the three preceding rounds cannot apply.

Submission Deadline (for Scholarships and Paper Submission): 15 March 2020

Submission Deadline (for Awards): 15 September 2020

25th Workshop of Economics with Heterogeneous Interacting Agents (Catania, June 2020)

25-27 June 2020 | Catania, Italy

Many aggregate patterns can be explained as emerging from complex systems of heterogeneous agents, in which the interaction of agents at the micro level forms the macro properties of the economic system, thereby determining the emergence of macro regularities such as economic growth, unemployment, and income distribution. This important link between the micro and macro level of an economic system has not received sufficient attention in the economic theory, which has traditionally been split in the two domains of microeconomics and macroeconomics. Frequently, macroeconomic models are based on a “microfoundation” by assuming that the population consisted of one single representative agent (or an army of "identical clones"). Although this preserves analytical tractability, it causes a relevant reduction in terms of realism.
Agent-based economics opened up new perspectives on the exploration of socially relevant questions and can provide solutions to complex problems that are difficult to study with the methodological standard toolkit of economists. Such a methodology allows for the presence of feedbacks among agents and the economic environment in which they interact, such as the emergence of socio-economic networks with possible contagion effects, the characterization of non-Gaussian distributions, as well as the endogenous appearance of boom and bust cycles.

Main Topics of the Conference include

Submission Process

Submission can be done by email. Contributions should be submitted in the form of extended abstracts (max 2 pages) as PDF files. The first page of the submitted material must contain authors’ affiliations and, at least, three keywords. In case of co-authored research, the submitter will be assumed to be the presenter, unless differently specified. Only one paper per presenter is allowed.

For further information please visit the official website.

Submission Deadline: 28 February 2020

5th International Economic Philosophy Conference (Warsaw, June 2020)

24-26 June 2020 | Warsaw, Poland

The 5th International Economic Philosophy Conference will be held in Warsaw on June 24-26th, 2020. It is organized by the Faculty of Economic Sciences (University of Warsaw) and the Polish Economic Institute in collaboration with the International Conferences for Economics and Philosophy (ICPE), the Philosophy-Economics Network and the Polish Philosophy of Economics Network. The focus of this year’s conference is Culture and Economics. We welcome contributions from researchers working in various streams of economic philosophy, relevant to the conference theme.

Culture has always hadan unclear and uneasyrelationship with economicsand economic philosophy. For a long time,the economics professionwasinsufficiently sensitive tothecultural dimension of the economy, markets, institutions, firms or households.At the same time, the economic philosophy professionused to reflect on the cultural dimension of the economicscience and its key conceptsonly occasionally and in an unsystematic way. This unsatisfactory state of affairs has recently started to undergo a gradual change which manifests itself in the work of:

Submission Process

Abstracts proposal should be submitted by an electronic form, either in English, French or Polish.

For further information please visit the official website.

Submission Deadline: 31 December 2019

1st International Conference of the Institute for Social Solidarity (Cluj-Napoca, Feb. 2020)

3-5 April 2020 | Cluj-Napoca, Romania

In 1909 Karl Polanyi defended his PhD in Cluj/Kolozsvár and went on to become one of the century’s canonical thinkers in political economy. The intellectual milieus of the Austro-Hungarian Empire produced the century’s seminal debates in social science in general and political economy in particular, and Polanyi, raised in this milieu, became an iconic figure in the interdisciplinary study of market-society relations. Meanwhile, some of the societies of Polanyi’s formative years experienced the century’s most dramatic upheavals, from revolution to reaction, from capitalism to socialism and back to capitalism. Today, some of these lands are at the heart of emerging nationalist, neoliberal and illiberal hybrid that sprung from the crisis of global capitalism, even as these countries have recorded very high growth rates and increasing global competitiveness.

Thirty years after the end of real existing socialism, we get together in the city of Polanyi’s terminal PhD period to reflect on two themes inspired by his work : (1) the promises, structural limits and crisis mechanisms of the capitalist mosaic that emerged in Central and Eastern Europe and the Western Balkans and (2) the alternative political projects that could address market-society relations given the growing global inequalities and the harrowingly extensive environmental degradation that puts at risk the well-being of present and future generations.

Our approach can be termed as a form of engaged scholarship. It departs from the twin observation that in no other part of Europe have there been more radical and entrenched offensives to attain what Polanyi termed “the market society” as in CEE and the Western Balkans and the political, demographic and environmental limits of this transformation have nearly been reached. Our aim is to confront this situation by building a network of engaged and critically minded scholars, policy makers, artists, activists whose work can illuminate the mechanisms, discourses, subjectivities and resources of the political and economic status quo in order to supply the informed imagination of how to overcome contemporary problems in inclusive, emancipating and green directions.

We welcome abstracts or panel proposals that explore the following issues:

Submission Process

Abstract / presentation proposals should be sent via e-mail. They should address any of the issues listed above, laying the focus on the region of Central and Eastern Europe and/or specific countries from the region. We are open as well to the possibility for submitting proposals for panels and round-table discussions.

● Abstracts/ presentation proposals should consist of a description of cc. 400 words that presents the theoretical approach, methods, empirical research, and tentative conclusions.
● Panel proposals should include between three and five prospective presenters, and their abstracts should be sent together with a brief description of the purpose and the relevancy of the panel to the main themes of the conference in cc. 250 words. Each panel ought to have at least two conveners from different institutions.
● Book symposium/ round table proposals should explain the relevance of the book/ topic addressed in the round table discussion in cc. 400 words and present the speakers, preferably from different institutions.

Submissions will be evaluated by the scientific committee of the conference. Accepted abstracts proposals will be clustered together in panels. The submission of full papers and their dissemination to conference participants is optional for the authors.

For further information please contact Sorin Gog (Institute for Social Solidarity and Babeș-Bolyai University).

Submission Deadline: 1 February 2020

32nd Annual Conference of SASE (Amsterdam, July 2020)

18-20 July 2020 | Amsterdam, Netherlands

Annual Conference of the Society for the Advancement of Socio-Economics
Theme: "Accumulation, Surveillance, Redistribution"

New political, technological, and economic forces are changing the ways development is designed, practiced, and experienced today, in poor and rich countries alike. Three interrelated elements, in particular, deserve our analytical attention: a geopolitically and economically unsettled global order, smart information and communication technologies, and extreme inter- and intra-country inequities. By transforming practices of accumulation, surveillance, and redistribution, these factors shape the experience of development in significant ways.

An unsettled global order—triggered in part by a threatened US hegemony and China’s rising power—defines the diplomatic initiatives and economic investments in poor countries. Some foreign investments are driven by private capital, others are state-led. Some initiatives are for profit, others are designated as development aid. New ambitious projects include the UN-led Sustainable Development Goals and China’s Belt and Road Initiative. Other projects are driven and funded by local actors. On the ground, the effects on development are potentially dramatic—investments in basic health and education must have major redistributive effects; infrastructural projects are likely to transform social and economic practices in and across cities; the environment is necessarily affected—but we are yet to fully understand the origins and potential impact of such programs.

Finally, the current global order is unapologetically unequal. Foreign interventions may strengthen current elites or empower rival fractions; mass automation is likely to bifurcate the global division of labor, but in unexpected ways; our submission to the gaze of corporations and governments make all of us vulnerable—but not equally so. And especially where social and political institutions are weak, the impact of current geopolitical dynamics and techno-political transformations is likely to both reproduce old dividing lines across classes, genders, and ethnic groups, and to add new divisions. Yet, we should also identify ways by which these geopolitical dynamics and techno-political transformations are used in the fight against injustices.

The SASE conference in Amsterdam, Netherlands, hosted by the University of Amsterdam on 18-20 July 2020, will feature papers on all issues of concern for socio-economics, but we especially welcome contributions that explore development today and how geopolitical interventions, technological forces, and inequalities shape and are in turn shaped by development, today as in the past, from a variety of disciplinary and methodological perspectives. SASE’s current members are uniquely positioned to tackle these new realities and offer valuable insights; we hope that this year’s theme would, in addition, bring first-time participants, novel approaches, and new inquiries to add to our conversations.

Established in 1989, SASE owes its remarkable success to the determination to provide a platform for creative research addressing important social problems. Throughout its three decades, SASE has encouraged and hosted rigorous work of any methodological or theoretical bent from around the world based on the principle that innovative research emerges from paying attention to wider context and connecting knowledge developed in different fields. SASE is committed to a diverse membership and lively intellectual debates and encourages panels that include or are likely to include a diverse group of participants.

Submission Process

Log into your account with the green button “sign in” in the top right-hand corner of the homepage. If you have yet to become a member of SASE or have not yet paid your membership dues for the year, click on the green “membership and registration” button. You must have a username and password to access the conference submission system via the SASE website. If you wish to submit a paper or session for the 2019 conference, you may choose to create a “Free Account” to access the submission system. But remember to pay your membership/conference fees before the Early Bird registration rate expires on April 1, 2020. Once you click on "Submit a Paper", you will be taken to the Call for Papers page on the submission site.
o If you intend to give an individual paper presentation, click “Submit Paper”.
o If you would like to propose an entire session including 3 to 5 individual papers by authors who have furnished their paper abstracts for this purpose, click “Submit Full Session.”

Please find a link to the research networks here. Further several Mini-Conferences will be featured as a separate stream in the program, please find a link to the themes here.

Submission Deadline: 10 January 2020

3rd International Workshop on Demand-Led Growth (Rio de Janeiro, July 2020)

13-16 July 2020 | Rio de Janeiro, Brazil

Slightly ten years after the financial crisis of 2007/2008, developed and developing countries have continuously struggled with high unemployment and sluggish growth rates. Nominal and real interest rates have reached remarkably low levels with negative effects on economic activity. Fiscal austerity measures seem to have prolonged and worsened the economic performance of several countries. As a result of the seemingly faint and negative impact of these macroeconomic policies, institutions such as the IMF along with a few prominent economists have altered their position and begun to defend expansionary fiscal policy measures as a tool to promote growth and employment in stagnating economies. The belief that fiscal and monetary policies along with aggregate demand can have long-lasting effects on the performance of economic growth and employment is not new to non-mainstream economists. This line of reasoning can be traced back to the works of Keynes and Kalecki beginning in the 1930s. Recent developments include Modern Monetary Theory but also the literature advanced by a plethora of other heterodox traditions which have long advocated the notion of endogenous money.

The Research Group in Political Economy at the Institute of Economics of the Federal University of Rio de Janeiro follows the Sraffian framework proposed by Garegnani to make the Keynesian-Kaleckian principle of effective demand compatible with the classical surplus approach. For our Group, growth is demand-led and policy (often balance of payments) constrained. In succession, inflation is a cost-push political economy phenomenon dependent upon conflicting claims over income distribution. Within this framework, macroeconomic policies are fundamental to growth, inflation, and income distribution. In capitalist economies, these policies are borne from institutional arrangements as well as political power relations. The Research Group in Political Economy considers that the soundness of this theoretical approach is best demonstrated by constructing policy-relevant analysis along with theoretical and applied models in order to better understand the actual performance of developed and developing countries.

Given the approach taken by the Group and in the context of the intensification of dialogue and convergence among some Post-Keynesians, Kaleckians, Kaldorians, practitioners of Modern Monetary Theory, and Sraffians, the goal of the 2020 Edition of the Workshop is to strengthen this promising trend by promoting a constructive and policy-relevant debate among these strands of critical thought. Additionally, other heterodox approaches to economics are welcome and encouraged in order to facilitate new contributions concerning demand-led growth analyses, models and their multiplicity of relations with macroeconomic policies, especially with respect to the debate over secular stagnation.

The Workshop intends to provide an opportunity for its participants to discuss the issues raised in their theoretical aspects, focusing on monetary and fiscal policies in relation to the financial system as well as long-term demand-led growth. Articles that broadly fall within the following topics are welcome:

The Journal Review of Political Economy is sponsoring the Workshop and a selection of papers will be submitted as a Symposium to the Journal. The Young Scholar Initiative is supporting the Workshop and the dates July 13-14 will be devoted to the presentation of papers from YSI.

Papers must be written in English and contain title, short abstract (maximum 200 words), author's name, institutional affiliation and email address. We recommend submitted papers to have a maximum number of 8000 words. Please sumit your paper via the online submission form.

Submission Deadline: 15 May 2020

Animal Spirits: An Interdisciplinary Workshop on the Creatures of Capitalism (Cambridge US, April 2020)

27-28 April 2020 | Cambridge, MA (US)

The Weatherhead Center at Harvard University invites submissions to a two-day workshop on the study of organisms within capitalism (and possibly post-capitalism). All disciplinary, geographical, and temporal specialties are welcome. We are especially interested in studies drawing on Marxism, anarchism, disability studies, heterodox economics, radical liberalism, Afro-pessimism and other critical frameworks. Potential topics include slaughterhouses, the Sixth Extinction, the intertwined history of ecology and economics, commodity traders (e.g., Glencore), domestication, industrial agriculture, activism, biotech, bioethics, bio-prospecting, GMOs, early-modern agrarian capitalism, enclosures, seed banks, biodiversity offsets, synthetic biology, colonial botany, pets, etcetera. We are interested in how capitalism changes the bodies and behaviour of organisms, capitalism's relationship to nature and science, and labour's role in the interface between nature and society.

The purpose of this conference is to offer feedback for those in the midst of writing. Participants will submit drafts (8000 to 12,000 words) four weeks beforehand and everyone is expected to have read all the papers. Discussion will be led by two readers who will have 5 to 10 minutes to offer critique. The aim will be to publish some of the papers in a collection or special issue. We hope to receive applications from scholars of all career stages and disciplines, and we are especially keen to host scholars from diverse backgrounds, ethnicities and underrepresented communities. Please send an abstract (300 words) and CV to Troy Vettese. We will send out notifications within a week. We can offer most participants assistance for travel and lodging, but it is appreciated if scholars can come with their own institutional support.

Submission Deadline: 1 January 2020

Annals of Public and Cooperative Economics: Special Issue on "Socio-economic Impact of State-owned Enterprises in African Economies"

Special Issue of Annals of Public and Cooperative Economics: "Socio-economic Impact of State-owned Enterprises in African Economies"

State-owned enterprises are independent entities that are normally wholly owned by government. These entities perform specific functions and operate in accordance with a particular Act and under a government line ministry. In line with international trend, African countries’ transformation of state assets into state-owned enterprises was introduced in some sectors of the economy in order to promote effective and efficient service delivery. There is a consensus that using state-owned enterprises instead of full or partial privatization can help the government to achieve effective and efficient service delivery.

This special issue of Annals of Public and Cooperative Economics edited by Joel Hinaunye Eita and Nicholas Ngepah from the University of Johannesburg will be devoted to the socio-economic impact of state-owned companies in the economies of African countries. The special issue focus on the strategic role of the state-owned companies in African economies. We invite scholars to contribute original research articles on the following:

All submissions must contain papers that are original and should not be under consideration for publications elsewhere. Submission can be made through the journal’s online system. When submitting your article, please indicate that your paper is for the “special issue on the socio-economic impact of state-owned enterprises in African economies”, by selecting the appropriate issue.

For enquiries, please contact the guest editor, Hinaunye Eita.

Submission Deadline: 30 March 2020

Call for Book Chapter Proposals: "Black People & Social Finance: Money Pools counteract racial capitalism of minorities in the West"

Call for Chapters: "Black People & Social Finance: Money Pools counteract racial capitalism of minorities in the West"

The book builds on the seminal edited work by Ardener and Burman "Money go Rounds" in which ROSCAs build the social and economic power of excluded people. Rotating and Savings Credit Associations (ROSCAs) are voluntary cooperatives that are purposely informal and carried out by people around the world for different reasons. Racialized people who are routinely denied access to goods and services turn to diverse finance economies as a way to provide self-help to each other, embrace cultural traditions and to counter exclusionary business. While the concept of ROSCAs have been explored greatly in the Global South, very little has been done where there is extreme business exclusion of Black minorities resulting in vibrant ROSCA culture. Black People and Social Finance will draw on the Hossein’s concept of the Black Social Economy, and the politicized acts of resistance within collective finance and Cedric Robinson’s racial capitalism theory and what this means in building group economies for Black minorities.

All authors are encouraged to draw on feminist and racialized scholars who write on political economies for minorities in the West. Abstracts are to be 300 words. Full chapters are 7000 words (exclusive of references) for peer review no later than 4 May 2020. All submissions subject to double-blind peer review and editorial review by an international expert panel. The chapters must have title, revised abstract, complete contact details and bibliography following MLA reference style and the text is in 12 p.t. font Times Roman double-spaced with Arial 12 p.t. font titles and subtitles. For more information visit the Palgrave website.

Submission Deadline: 20 January 2020

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

8-9 September 2020 | Cambridge, UK

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.

Call for Submissions

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:

Please send your abstract as a Word attachment by email. Please indicate at the top of the page the theme (or themes) from the above list to which your abstract relates.Further details and registration information will be posted here.

Conference Registration
All conference attendees must register for the conference beforehand. The conference is being sponsored by the The Cambridge Journal of Economics and so the registration fees are subsidised. Please note that accommodation is not included in the delegate fees.

Submission deadline: 6 January 2020

Cuadernos de Economia: Special Issue on "Gender, Sex, Ethnicity, Race, and Class in the Economics Profession in Latin America"

We would like to invite you to send your contributions to the special issue on "Gender, Sex, Ethnicity, Race, and Class in the Economics Profession in Latin America" for Cuadernos de Economía.

Different types of inequalities and stereotyping related to gender, ethnical, racial, and class identities, among others, are some of the most pressing issues in the economics discipline and profession today.Indeed, recent work has shown that important barriers exist for women and other minorities to enter a traditionally white -and male- dominated profession such as economics. Other works have recently shown how minorities, particularly women, are held to higher standards of evaluation when submitting their papers for publication, and how stereotypes represent an important barrier for women entering economists’ job market. Yet these works have focused mostly on the situation of the seminorities in the United States and, in some cases, in Europe. There are no systematic studies of the situation of the economics professionand discipline in Latin America. The purpose of this special issue is to provide a first attempt to understand how stereotyping and discrimination of different types affect the organisation of our discipline an profession in Latin America. Important work on inequality and stereotyping has been undertaken regarding the economy in the region. For example, there are important works on the labour condition of women and other minorities, on access to the labor market, etc. However, this special issue will not directly address the problems of the economy. Instead, it will focus on economics as a profession and a discipline. We are looking for papers that study these issues in the following ways (please note that this list is not exhaustive):

We welcome papers that seek to make visible the contributions of women and other minorities in Latin America both to research in economics and to the formulation of economic policy and the process of policy decision making. We also welcome papers that study the different situations of minorities in disciplines other than economics in Latin America, and that deal with the issues described above. We invite these papers to adopt a compa-including economics.

Submission Process

Articlesshould be in English, with a maximum length of10,000words, including references. After the refereeing process, the accepted articles will be published as open access articles. There is no submission or publication fee.Articles should follow the instructions available in the journal’s website. All submissions must be made through the OJS Editorial Management System at the following link.If you have further questions please do not hesitate to contact us: Jimena Hurtado or Erich Pinzón-Fuchs, or visit the official website.

Submission Deadline: 30 April 2020

The Quarterly Journal of Austrian Economics: Special Issue on "Austrian Entrepreneurship Theory"

Austrian economics is a widely respected body of theory in management broadly and, especially, in entrepreneurship. Indeed, entrepreneurship theory attempts to understand the entrepreneurial opportunity. This so-called individual-opportunity nexus builds on the theories of Israel Kirzner (1973, 1997, 2009), an Austrian economist, and Joseph Schumpeter (1934, [1942] 1947), trained by prominent Austrian economists. It has generated a vast literature that is focused on discussing the nature of opportunities, whether they are discovered (as per Kirzner and Shane) or created through an enactment process. More recently, the 'Austrian' influence continues as one of the challengers to entrepreneurial opportunity theory is the so-called judgment-based approach, inspired by Austrian economist Ludwig von Mises (1998) and 'proto-Austrian' Richard Cantillon. Without exaggerating, therefore, the Austrian school of economics has provided fertile theoretical ground to plant seeds for the burgeoning and growing field of entrepreneurship. Despite this common ground, Austrian economists have done little to learn from and integrate entrepreneurship scholarship, and entrepreneurship scholars have likewise refrained from considering the fuller Austrian theory as framework for their research. This special issue is intended to support further mutual learning and theory development, if not integration of theories, by facilitating scholarly discourse where Austrian economics and entrepreneurship theory intersect and overlap.

Both the field of entrepreneurship and the Austrian school of economics are presently at 'critical junctures'. In entrepreneurship, after some three decades of theorizing on the entrepreneurial opportunity, scholars have started considering alternative approaches such as studying judgment through uncertain investments and new venture ideas. At the same time, the influence of alternative theories such as effectuation theory have been growing, leaving the field without an obvious way forward. Similarly, Austrian economics has, after decades of decline and marginalization, regained some of its former influence and – following the financial crisis – its attractiveness among the public as well as scholars out of the economics mainstream. Yet for the school to again become a major influence in economics and beyond, it needs to meet the new challenges and questions with new theory development.

While overlapping with respect to both subject matter and theory, entrepreneurship scholars have been hesitant to enter Austrian discourse and Austrian economists have largely refrained from contributing to the entrepreneurship literature. There is much to gain from addressing this overlap: entrepreneurship theory could overcome many theoretical problems by considering Austrian economic theory for asking new questions, answering hitherto seemingly unanswerable questions, and solving disagreements and disputes regarding theoretical explanations; and Austrian economists could draw from the entrepreneurship literature to further strengthen and elaborate on the microfoundations for entrepreneurship and the market process.The timing is thus right for pursuing Austrian themes and further leveraging Austrian theory in entrepreneurship, and for extending and elaborating on Austrian entrepreneurship theory.

Submission process

For questions, please e-mail guest editor Per Bylund or assistant editor Timothy Terrell. More information available here.

Submission window: 15 March - 15 April 2020

Warwick Critical Finance Conference (Warwick, June 2020)

25-26 June 2020 | Warwick, UK

After the more specialised workshops of the last two years, the Warwick Critical Finance group is back to organizing a broader event for early career scholars, PhD students as well as Post-docs who are studying finance from various critical perspectives. Our aim is to host an emerging research conference which sustains the ongoing debate across disciplinary boundaries and creates a sense of collaboration and mutual support that allows us to jointly push each other’s work and the work of critical finance scholarship forward.

As with previous events, this conference tries to do things slightly different by encouraging the submission of works in a variety of formats. We therefore invite scholars to either submit (a) working papers, (b) papers near (re)submission (c) PhD/post-Doc research projects or (d) viva presentations to be practiced in front of peers.

We welcome submissions of scholars from a variety of fields, such as political science, sociology, political economy, economics, business studies, anthropology, geography, organization studies, history, gender studies, and more, that share an interest in finance and a curiosity for the many vantage points from which to understand and critically engage with it.

We also explicitly encourage applications from scholars who work in the Global South and who may have trouble travelling to the UK, as we are planning to set up a Skype conference panel to facilitate remote participation.

Topics of interest include, but are not limited to: Finance and Technology; Infrastructures of Finance; Critcial Macro Finance; Governing Finance; Finance and Security; Histories of Finance; Finance and the Law; Finance and Climate Change; Finance, Race and Colonialism; Finance and Gender; Finance and Activism; Finance in Emerging Markets; Geographies of Finance; Cultural Politics of Finance;

Submission Process

We invite scholars to submit a short abstract (250 words) which explicitly falls into one of the following four categories:

Submissions should be sent via email. For more information please visit the official website.

Application deadline: 31 March 2020

Workshop on Post-Neoliberalism in Latin America (London, Jan 2020)

23 January 2020 | Social Science Department at UCL, London, UK

The cycle of progressive governments in Latin American has been a paradigmatic example of the politics and policies of contestation of and ruptures with neoliberalism at the beginning of the 21st century. The triumph of Hugo Chavez in Venezuela in 1998 and the successive victories of Nestor Kirchner in Argentina, Lula in Brazil, Evo Morales in Bolivia and Rafael Correa in Ecuador configured a scenario where the anti-neoliberal movements of the 1990s, new political parties, and a wider unsatisfied population coincide in a common critique of neoliberalism and agreed on the need for its transformation. The current crisis of the progressive governments is a fertile ground to debate the continuities, ruptures and alternatives that have been developed to confront neoliberalism.
Social and economic policies of the ‘progressive cycle’ encompassed increases in social spending, the reconstitution of social rights, the expansion of the welfare state and a new set of developmental economic policies which pursued a new social contract or Buen vivir (living well). The policies included constitutional changes and the democratisation of political systems ; the reorganisation of welfare structures and the expansion of social rights; the nationalisation and promotion of strategic industries and, ultimately, the configuration of new patterns of extractivism. However, after years of implementation and under the recent threats of neoliberal regression in the region, critical assessments, evaluation and revisions of the policy outcomes become a fundamental task for social scientists.
In this regard, the concept of post-neoliberalism has been one of the central categories to explore the continuities and ruptures that progressive policies developed in their struggles against neoliberalism. Grugel and Riggirozzi define post-neoliberalism as a “product of a long-standing demand from below for inclusion, and an aspiration for a model of development that is a sustainable, equitable alternative to disciplinary, free market capitalism, austerity, constrained sovereignty and limited citizenship.” However, other scholars critically engage with the term and conclude that it “leaves more questions open than it answers”.
The workshop explores two questions.

Following these questions, the workshop has three aims

We welcome empirical contributions that examine specific cases, countries or policies regarding the following topics:

Submission Process

We encourage people from different disciplines to participate in the workshop. We seek to advance the debate on the term post-neoliberalism itself. Thus, we ask all contributors to reflect on how this label relates to their own research projects and to outline the strength and limitations of this framing.
Abstracts of no more than 300 words should be sent Julia Eder & Héctor Ríos Jara.

Submission Deadline: 22 December 2019

Call for Participants

Winter Institute for the History of Economic Thought (Arizona, Jan 2020)

23-25 January 2020 | Arizona, US

The first Winter Institute for the History of Economic Thought is fast approaching. The Winter Institute will be held at Arizona State University in Tempe, Arizona, January 23-25, 2020. A tentative agenda for the Winter Institute can be found here.

A few spaces remain for any persons who might like to attend the event at their own expense. If you plan to attend, please be sure to register to confirm your attendance at the Winter Institute here.

We have secured a group reservation at the Graduate Hotel, next to the ASU campus, at $172/night (plus tax and fees). Send an email if you would like to reserve a room at the group rate. Remaining rooms are available on a first-come, first-served basis until the room block is full. The room block is for 25 rooms and we are currently using 23 rooms.

Application Deadline (for rooms): 19 December 2019

Job Postings

Drew University, US

Job title: tenure-track Assistant Professor of Economics

Drew University is seeking applications for a tenure-track Assistant Professor of Economics in the fields of development, environmental, health and/or international economics. The ideal candidate will focus on the intersection between public health and the environment within an international/global context, but strong candidates with other emphases will also be considered.

Course responsibilities will include principles and/or other core economics classes, as well as electives in their field of study. We also welcome candidates who can contribute to either our interdisciplinary public health and/or our environmental studies and science majors.

The successful candidate must have a Ph.D. in Economics by August 1, 2020.


Please submit the following materials

To apply, log into Econ Job Market here.

Application Deadline: 10 December 2019

Eurodad, Belgium

Job title: Policy and Advocacy Officer to work on debt

Eurodad (the European Network on Debt and Development) is a network of 50 civil society organisations (CSOs) from 20 European countries, which works for transformative yet specific changes to global and European policies, institutions, rules and strucutures to ensure a democratically controlled, environmentally sustainable financial and economic system that works to eradicate poverty and ensure human rights for all. Please find detailed information on the official website.

The purpose of this role is to take forward the Eurodad network’s crucial work on preventing and resolving debt crises, and pushing for fundamental reforms of the international financial architecture. The Policyand Advocacy Officerwill helpto ensure that Eurodad builds strong and effective coalitions for change, and empowerscivil society organizations in Europe and beyond. The role involves producing robustly researched analysis, with a strong advocacy focus, and building strong coalitionsfor change. The successful candidate will work at the cutting edge of debt and development finance campaigns for transformative change. They will require policy analysis skills with strong interpersonal communication and be self-motivated with the ability to plan, organise and implement activities under their own initiative. They will have experience of working with advocacy focussed civil society groups or similar organisations and have a good working knowledge of relevant international institutions.

job description


how to apply

Please use the online form to upload your CV of 2 pages maximum along with a cover letter of 1 page maximum in English. This letter should be properly formatted, clearly and concisely written, set out why you match the job description, and where you saw the vacancy. Fill in the required data in the form and upload your CV and cover letter in the designated fields. Make sure that the 2 files you are uploading have the following names: Surname_FirstName_CV and Surname_FirstName_CoverLetter; e.g. if Peter Bloggs applied for the job we would expect files with the following names: Bloggs_Peter_CV and Bloggs_Peter_CoverLetter.

For further information contact Jeronimo Ruiz Victoria or visit the official website.

Application Deadline: 5 January 2020 (23:59, CET)

Johannes Kepler University Linz, Austria

Job title: Graduate project Assistants with MA/Diploma (both for three years and 20h/week)

Today, the logic of competition is present in large parts of social reality and is likely to have a formative impact on human conduct. Against this background the transdisciplinary SPACE project is dedicated to the question of how the economic logic of competition has evolved in the history of economic theorizing, and how it transgresses from academic debates into political and public discourses, legal regulations, and everyday life. It represents a unique triangulation of three disciplines from the social sciences and the humanities, and connects high-level academic scrutiny with the daily experiences of individuals. For further information concerning the project and its working packages visit our homepage or contact us directly.

The institute for the Comprehensive Analysis of the Economy practices economics as a social science in close cooperation with colleagues with different disciplinary backgrounds interested in topics with societal relevance. Hence, an interdisciplinarity approach to research and theoretical as well as conceptual diversity and openness play a significant role in our work. Our research does not only consider ideas and perspectives of mainstream economics, but also integrates concepts and methods from other scientific disciplines – such as sociology, management studies or political science – and alternative approaches to economics. The latter encompass contributions to socio economics and heterodox economics by scholars such as Max Weber, Joseph A. Schumpeter, John Maynard Keynes or Karl Polanyi.

Job Duties

Your Qualification

What We Offer:

The Johannes Kepler University wishes to increase the proportion of academic female faculty and, for this reason, especially welcomes applications by qualified women. If applicants are equally qualified, a woman will be given preference for this position. The university welcomes applications from qualified applicants with physical disabilities. These applications will be given special consideration.

How to Apply:

Prospective applicants interested in the multifaceted position are requested to electronically send an application in adherence to the stated criteria together with the requested documentation via mail.

Application Deadline: 19 January 2020

The Leibniz Institute for Financial Research SAFE, Germany

Job title: Prae-doctoral assistant (65% Position)

The Leibniz Institute for Financial Research SAFE is looking for a research assistant for the SAFE project “Economic and Monetary Union at a Crossroad”. The person would be involved in empirical research on reform proposals in the area of the Economic and Monetary Union (EMU) and the European Banking Union (EBU). Although the crisis in the Eurozone today is perceived to be less pressing than before the ECB intervention in 2012, many observers still see substantial problems or even increasing risks. Correspondingly, we are witnessing a continuous stream of reforms and reform proposals for EMU and EBU. Strikingly, reforms are watered down, regulations are not enforced and many reform proposals simply remain dead in the water The focus of the research will be on the political economy of these reform processes: How can we explain why so many reforms and reform proposals remain futile in political terms? We will study the process from the origin of ideas about reforms via political deliberations and decisions to the final (non-) enforcement. Bracketing the economic substance of these reforms (i.e. whether they are meaningful or not), the research group will focus on the relationship between the initiators of reform ideas, the European level, national governments/oppositions and the electorate.

We offer the infrastructure of a modern research center with excellent contacts to the scientific and financial community. You will be working in a very attractive working environment in the House of Finance at Goethe University and an enthusiastic team of colleagues. Compensation will be 65% of a full time position in accordance with the standards of the public services wage agreement of the State of Hesse (TV-H E 13). The employment contract has an initial duration of 3 years.


How to apply

Please submit your application, together with the usual credentials (CV, letter of motivation, transcripts etc.), by mail to Research Center SAFE, House of Finance, Goethe University, Theodor-W.-Adorno-Platz 3, 60323 Frankfurt am Main, Germany or electronically via email.

Should you have any questions please contact Professor Andreas Nölke or visit the official website for further information.

Application Deadline:30 December 2019

University of Johannesburg, South Africa

Job Title: Research Professor / Research Associate Professor / Senior Lecturer (Senior Researcher)

The University of Johannesburg is recruiting to fill a vacancy of Research Professor / Research Associate Professor / Senior Lecturer (Senior Researcher). This is a full-time academic research position, with no lecturing responsibilities. Generous research funding and support is available. This senior position falls under the DST/NRF South African Research Chair in Industrial Development (SARChI), led by Prof. Fiona Tregenna. This is a prestigious research centre, linked to the School of Economics and falling under the College of Business and Economics at the University of Johannesburg, funded by South Africa’s Department of Science and Technology through the National Research Foundation. Our activities include free-standing and collaborative research projects; hosting graduate students, postdocs and visiting researchers; policy engagement, and holding research events.

While this centre falls within the field of economics, applicants with a strong background in related disciplines (such as development studies) and with relevant field specialisations and skills may also be considered. We welcome applicants with research specialisations in fields such as development economics, political economy, trade, innovation, economics of technology or industrial organisation. Expertise related to the field of industrial development (for example on topics such as but not limited to: industrial policy, structural change, technology, innovation, industrialisation, financialisation, industry and climate change, etc.) would be a strong advantage. Applications from scholars with interest in heterodox economics are very welcome.



For appointment at Professor Level:

For appointment at Associate Professor Level:

For appointment at Senior Lecturer Level:

Your application, comprising of a detailed Curriculum Vitae as well as the names and full contact details (including telephone numbers and e-mail addresses) of at least three traceable and credible referees must be uploaded before or on the closing date of the advertised post. Please also attach the following: a copy of your highest academic qualification, proof of registration with professional bodies you might belong to and if applying for an academic position, a list of accredited research output and/ or a portfolio of your creative output.

For more information and to apply, please visit the official website or contact Ms. Beverly Magome or Prof. Fiona Tregenna.

Application Deadline: 13 January 2020

University of Tyumen, Russia

Job title: Professors of Economics

The School of Advanced Studies (SAS), is recruiting one or several professors in economics, in particular, cultural and evolutionary economics, urban economics, resource economics and economic history. SAS is a new and rapidly growing institution at the University of Tyumen (Siberia), supported by the Russian academic excellence project. SAS is an interdisciplinary research center and educational institution (BA/MA), it operates in English and currently employs 25 faculty from 11 countries, most of whom received their PhDs from universities top-ranked globally.

The distinctive feature of SAS is the organization of research around multidisciplinary team projects. We are interested in scholars committed to both research and teaching, who believe in the power of complex conversations across disciplinary boundaries. While SAS faculty are expected to work with scholars from other disciplines, SAS does not require co-authoring articles, so SAS economists can continue to publish in economics journals. Jobs at SAS provide a rare chance to develop one’s own research in the framework of a multidisciplinary team project, and also to contribute to shaping an innovative new institution. While scholars wishing to pursue all kinds of topics are encouraged to apply, we are particularly interested in the following research directions, within which more concrete team projects can be designed:

How to Apply
As SAS has the ambition to be part of an international network of multi- and interdisciplinary teaching and research centers, an international search committee will supervise the hiring process:

Preliminary interviews will be conducted by Skype. Short-listed candidates will have the opportunity to team up through virtual contact in order to formulate draft multidisciplinary team projects. They will continue working on the project proposals during the project design session to be held at SAS in March 2020 where these projects will be assessed by the committee. Successful candidates are typically offered 3-year renewable contracts (there is no limit to the number of renewals) to pursue these projects and teach in the SAS BA major in economics. SAS faculty receive competitive salaries commensurate with experience, health insurance and research travel funds. Please send a CV, three letters of reference (to be sent separately), and a cover letter describing your academic background and research project(s) that you wish to pursue per email. Review of applications will begin immediately.

Please find further information here.

Applycation Deadline: 20. December 2019

University of Vienna, Austria

Job title: Scientific Project Staff / Doctoral Candidate

The Faculty of Historical and Cultural Studies, University of Vienna seeks to fill the position from 01.03.2020 of a Scientifc Project Staff / Doctoral Candidate.

The Young Independent Researcher Group “SPACE - Spatial Competition and Economic Policies: Discourses, Institutions and Everyday Practices” (runtime 2019-2023) is a new project funded by the FWF (Austrian Science Fund) and aims at interdisciplinary collaboration of young researchers. For more details on the project visit the project's offical website.

The applicants are expected to participate in scientific research concerning the Viennese housing market. This means on the one hand the analysis of regulations and dynamics in the field of housing production based on the analysis of legislative documents and the examination of the actions of institutional actors in different subfields of housing (public housing, subsidized housing, private rental sector, self-organized co-housing groups). How are logics of competition adapted, negotiated and contested? On the other hand the project endeavors to understand how housing seekers cope with the challenges of securing their access to the housing market in the context of implicit and explicit constellations of competition. The goal is to identify structural in- and exclusions and interpretations and strategies of actors in the field as well as to investigate how competition in the field of housing is subjectivized.


How to apply

Applications including a letter of motivation (German or English) should be submitted via the Job Center to the University of Vienna, mentioning reference number 10209.

For further information please contact Georg Wolfmayr or visit the official website.

Application Deadline: 16 December 2019


Call for Nominations: Alice Amsden Book Award

The Society for the Advancement of Socio-Economics (SASE) invites nominations for its Alice Amsden Book Award for an outstanding scholarly book that breaks new ground in the study of socio-economics. Eligible books must have a 2018 or 2019 first edition publication date and cannot be edited volumes. Only current SASE members are invited to nominate a book for the prize, and authors are welcome to nominate their own work. To nominate a book, please send a hard copy to all three (3) committee members listed below.

2019-2020 Committee Members

SASE members who wish to submit a book for consideration must include a brief nomination letter that states how the book contributes to SASE's intellectual mission. All books/submissions must be in English. Please direct any inquiries to Chair Alya Guseva.

About Alice Amsden

A prolific scholar, Alice Amsden wrote extensively about the process of industrialization in emerging economies, particularly in Asia. Her work frequently emphasized the importance of the state as a creator of economic growth, and challenged the idea that globalization had produced generally uniform conditions in which emerging economies could find a one-size-fits-all path to prosperity. Amsden wrote or co-authored seven books, and dozens of journal articles, essays and chapters in edited volumes. She also wrote frequently for general-interest publications; her work appeared in The New York Times, The Nation, Dissent, Boston Review, Technology Review and others.

Submission Deadline: 24 January 2020

Call for Nominations: PPE Young Scholars Award for Social and Institutional Change

Are you a young scientist who is challenging conventional disciplinary boundaries? The PPE Center for Social and Institutional Change - CSIC (formerly Witten Institute of Institutional Chance, WIWA) believes in aspiring young scientists. We invite applications for the annual "PPE young scholars award for social and institutional change”, endowed by the Board of Trustees of Witten/Herdecke University.

"PPE" refers to the variety of theoretical approaches and normative positions on topics and problems at the intersections of philosophy, politics, and economics. For this reason, nominations are open to different theoretical and normative schools. The only criteria are originality and creativity.

With this award, the board of trustees of Witten/Herdecke University and CSIC aim to encourage promising researchers to leave the beaten track and break new ground in research and teaching. The prize is awarded to a young scientist who is contributing to the methodological and thematic diversity within and across economics, political science, and philosophy with new ideas and approaches. The prize is aimed at junior scientists working in Germany (but not necessarily with German nationality) up to the age of 35 years. It is endowed with 1,000 euros.

The award ceremony will take place as part of the PPE conference on Saturday 18 April 2020 at Witten/Herdecke University, Germany (Main Campus Building, Alfred-Herrhausen-Str. 50, 58448 Witten). After the ceremony, the nominee is expected to give a talk about their research.

Nominations (including self-nominations) should be submitted to the director of CSIC, Prof. Dr. Jens Harbecke. Documents should include a CV, list of publications, and a cover letter summarizing the content and relevance of the candidate’s research (not more than 2 pages).

A search committee consisting of five members of CSIC will review all nominations after the deadline and inform all candidates on short notice. Further information about CSIC's work can be found at the official website.

Submission Deadline: 15 January 2020

Call for Nominations: Warren Samuels Prize (@ASSA 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.

Please send your paper electronically, as a word or pdf attachment, via email to Amitava Dutt by 5pm EST on Thursday, December 26, 2019.

Call for Submissions: Egon-Matzner-Award for Socio-Economics 2020

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 (TU Wien), the Egon-Matzner-Award for Socio-Economics was established in 2012. It will be conferred on 14th May 2020 for the ninth time as a highlight of the Department’s Annual Conference on “Feminist and Pluralistic Economics for Urban and Regional Research”.

Egon Matzner (1938-2003) was Professor of Socio-Economics, Public Finance and Infra-structure Policy at the Vienna University of Technology’s Department of Public Finance and Infrastructure Policy from 1972 until his retirement in 1998. He is remembered by many as an innovative thinker, always with an open mind with regard to new topics in economics, especially in the fields of socio-economics, public finance and infrastructure policy, with a clear political vision and he always retained a critical distance. Professor Matzner had a great influence on several generations of planners and scientists, and was always very supportive towards talented students.
The Egon-Matzner-Award will be presented to young scientists (up to 35 years of age) for their scientific publications (namely contributions to international peer-reviewed journals). In particular, studies in the following thematic fields can be submitted:

Papers will be preferred that especially

Papers are reviewed by an international jury of renowned scholars and should have been published recently (2018-2020). The award is endowed with a premium of EUR 1,000 and can be shared, in the event of parity, by the authors of excellent publications. The award is funded out of funds of the Department of Public Finance and Infrastructure Policy. The submitted works can be written in German or English. The prize will be awarded based on the decisions made by an international jury, and will be handed over at the Department’s 2020 Conference. Award winners are asked to present their work in person by means of a short presentation at the conference.
Submissions including the author’s CV have to be sent electronically via email. For further information, please contact Prof. Dr. Michael Getzner, Vienna University of Technology, Karlsplatz 13, 1040 Vienna, Austria.

Submission Deadline: 29 February 2020

Winner Announcement: AFEE Awards

The Association for Evolutionary Economics (AFEE) is pleased to announce this year's award winners. Our thanks to the Awards Committee members Valerie Kepner (Chair), Deb Figart, Dorene Isenberg, Alexandra Bernasek, and Tim Wunder; and to JEI Editor William Waller.

Winner Announcement: Pierangelo Garegnani Thesis Prize 2019

The Centro di Ricerche e Documentazione “Piero Sraffa” is pleased to announce that the Pierangelo Garegnani Thesis Prize 2019 has been awarded ex aequo to:

Find detailed information here.


Accounting, Organizations and Society 79

Zhenhua Chen, Serena Loftus: Multi-method evidence on investors’ reactions to managers’ self-inclusive language

Shivaram Rajgopal, Roger White: Cheating when in the hole: The case of New York city taxis

Romana L. Autrey, Tim D. Bauer, Kevin E. Jackson, Elena Klevsky: Deploying “connectors”: A control to manage employee turnover intentions?

Jonas Gerdin, Tobias Johansson, Gabriella Wennblom: The contingent nature of complementarity between results and value-based controls for managing company-level profitability: A situational strength perspective

Cambridge Journal of Economics 43 (6)

Emir Phillips: Lincoln’s well-considered political economy (the ‘American System’) trumped the Free Trade British System

Isabella M Weber: On the necessity of money in an exchange-constituted economy: the cases of Smith and Marx

Dave Elder-Vass: No price without value: towards a theory of value and price

Italo Pedrosa: Firms’ leverage ratio and the Financial Instability Hypothesis: an empirical investigation for the US economy (1970–2014)

Cristiano Antonelli; Agnieszka Gehringer: Competent demand pull and technological flows within sectoral systems: the evidence on differences within Europe

Gabriella Berloffa; Eleonora Matteazzi; Alina Şandor ; Paola Villa: The quality of employment in the early labour market experience of young Europeans

Thomas E Lambert: Monopoly capital and entrepreneurship: whither small business?

João P Romero: A Kaldor–Schumpeter model of cumulative growth

Mustafa Caglayan; Firat Demir: Exchange rate movements, export sophistication and direction of trade: the development channel and North–South trade flows

Edward W Fuller: Was Keynes a socialist?

James Forder; Kardin Sømme: Explaining the fame of Friedman’s Presidential Address

Stefano Lucarelli; Alfonso Giuliani; Hervé Baron: The past and future of the social sciences. A Schumpeterian theory of scientific development?

Cambridge Journal of Regions, Economy and Society 12 (3)

David Bailey; Amy Glasmeier; Philip R Tomlinson: Industrial policy back on the agenda: putting industrial policy in its place?

David Bailey; Dan Coffey; Maria Gavris ; Carole Thornley: Industrial policy, place and democracy

Ross Brown; Suzanne Mawson: Entrepreneurial ecosystems and public policy in action: a critique of the latest industrial policy blockbuster

Greg Schrock; Laura Wolf-Powers: Opportunities and risks of localised industrial policy: the case of “maker-entrepreneurial ecosystems” in the USA

Michael Indergaard: A developmental network city? Double embeddedness in New York

Elisa Barbieri; Marco Rodolfo Di Tommaso; Chiara Pollio ; Lauretta Rubini: Industrial policy in China: the planned growth of 400 industrial towns in the Cantonese region

Christopher A Hooton; Peter Tyler: Do Enterprise Zones have a role to play in delivering a place-based industrial strategy?

Steve Fothergill ; Tony Gore; Peter Wells: Industrial strategy and the UK regions: sectorally narrow and spatially blind

Richard Harris, John Moffat, Emil Evenhuis, Ron Martin, Andy Pike, Peter Sunley: Does spatial proximity raise firm productivity? Evidence from British manufacturing

Ecological Economics 167

Franco Ruzzenenti: Obituary: Giorgio Nebbia (1926–2019)

Priessner Alfons, Hampl Nina: Can product bundling increase the joint adoption of electric vehicles, solar panels and battery storage? Explorative evidence from a choice-based conjoint study in Austria

Sophie Urmetzer, Jan Lask, Ricardo Vargas-Carpintero, Andreas Pyka: Learning to change: Transformative knowledge for building a sustainable bioeconomy

Michael J. Bloomfield: South-South trade and sustainable development: The case of Ceylon tea

Thanh-Tung Nguyen, Trung Thanh Nguyen, Ulrike Grote: Multiple shocks and households' choice of coping strategies in rural Cambodia

Benoît Chèze, Maia David, Vincent Martinet: Understanding farmers' reluctance to reduce pesticide use: A choice experiment

Mairi-Jane V. Fox, Jon D. Erickson: Design and meaning of the genuine progress indicator: A statistical analysis of the U.S. fifty-state model

Júlio César da Cruz, César Falcão Barella, Alberto Fonseca: Compensating deforestation with forest surplus: Key regulatory issues within Brazil's atlantic forest

Festus O. Amadu, Daniel C. Miller, Paul E. McNamara: Agroforestry as a pathway to agricultural yield impacts in climate-smart agriculture investments: Evidence from southern Malawi

Martin Dallimer, Julia Martin-Ortega, Olivia Rendon, Stavros Afionis, Rosalind Bark, Iain J. Gordon, Jouni Paavola: Taking stock of the empirical evidence on the insurance value of ecosystems

Jean-Baptiste Bahers, Audrey Tanguy, Stephanie Pincetl: Metabolic relationships between cities and hinterland: a political-industrial ecology of energy metabolism of Saint-Nazaire metropolitan and port area (France)

Yixian Sun, Hamish van der Ven: Swimming in their own direction: Explaining domestic variation in homegrown sustainability governance for aquaculture in Asia

Kate Macdonald: Private sustainability standards as tools for empowering southern pro-regulatory coalitions? Collaboration, conflict and the pursuit of sustainable palm oil

Marla Markowski-Lindsay, Mark E. Borsuk, Brett J. Butler, Matthew J. Duveneck, Jonathan Holt, David B. Kittredge, Danelle Laflower, Meghan Graham MacLean, David Orwig, Jonathan R. Thompson: Compounding the Disturbance: Family Forest Owner Reactions to Invasive Forest Insects

Ilona M. Otto, Marc Wiedermann, Roger Cremades, Jonathan F. Donges, Cornelia Auer, Wolfgang Lucht: Human agency in the Anthropocene

Martin Binder, Ann-Kathrin Blankenberg, Jorge Guardiola: Does it have to be a sacrifice? Different notions of the good life, pro-environmental behavior and their heterogeneous impact on well-being

Ángela Delgado Castillo, Jeroen C.J.M. van den Bergh, Ivan Savin, Víctor Sarto i Monteys: Cost-benefit analysis of conservation policy: The red palm weevil in Catalonia, Spain

Ted Trainer: De-growth: Some suggestions from the Simpler Way perspective

Suchita Srinivasan, Stefano Carattini: Adding fuel to fire? Social spillovers in the adoption of LPG in India

Jason Hickel: The sustainable development index: Measuring the ecological efficiency of human development in the anthropocene

Aline Chiabai, Sonia Quiroga, Pablo Martinez-Juarez, Cristina Suárez, Silvestre Garcia de Jalon, Tim Taylor: Exposure to green areas: Modelling health benefits in a context of study heterogeneity

Eulalia Gómez Martín, María Máñez Costa, Kathleen Schwerdtner Máñez: An operationalized classification of Nature Based Solutions for water-related hazards: From theory to practice

European Journal of Economics and Economic Policies 16 (3): Special Issue on "The Economics of Kazimierz Laski"

Eckhard Hein, Martin Riese and Bernhard Schütz: Editorial to the special issue on the economics of Kazimierz Łaski

Grzegorz Konat: An interview with Professor Kazimierz Łaski

Jerzy Osiatyński: Kazimierz Łaski's Lectures in Macroeconomics under financial capitalism

Jan Toporowski: Kazimierz Łaski and the scope and significance of the price mechanism

Hubert Gabrisch: From socialist command to a capitalist market economy: the case for an active state

Michael A. Landesmann: Nicholas Kaldor and Kazimierz Łaski on the pitfalls of the European integration process

Leon Podkaminer: Is better economic integration in the EU possible?

Herbert Walther: Forty years of real-estate bubbles in the US and the macroeconomy: a Keynesian perspective

Josef Falkinger: On understanding economic reality at the beginning of the twenty-first century: an essay in remembrance of Professor Łaski

Evolutionary and Institutional Economics Review 16 (2)

Bertram Schefold: The transformation of values into prices on the basis of random systems revisited

Masashi Morioka: The transformation problem under positive rank one input matrices: on a new approach by Schefold

Kenji Mori: A comparison of the stochastic approach to the transformation problem with Marx’s original assumptions

Yoshihiro Yamazaki: Profit and value in a random system: interpretation of professor Schefold’s 2016 article

Andrej Angelovski, Daniela Di Cagno, Daniela Grieco & Werner Güth: Trusting versus monitoring: an experiment of endogenous institutional choices

Satoshi Takahashi, Yoichi Izunaga & Naoki Watanabe: VCG mechanism for multi-unit auctions and appearance of information: a subject experiment

Natsuka Tokumaru: Why do workers work? Inequality and collective benefits in organisational production experiments

Pei-Tha Gan: Economic uncertainty, precautionary motive and the augmented form of money demand function

Pei-Tha Gan: Correction to: Economic uncertainty, precautionary motive and the augmented form of money demand function

Hiroyasu Uemura: Social preference and civil society in the institutional analysis of capitalisms: an attempt to integrate Samuel Bowles’ The Moral Economy and Robert Boyer’s Régulation Theory

Hironori Tohyama: How does a liberalizing market influence a synergy between redistribution preference and social preferences in Asian socio-economies?

Yuji Harada: Diversity and transformation of institutional configurations and trust structures

Nanako Fujita: Welfare society and welfare state in the Japanese-type discourse on civil society

Kazuhiro Okuma: Potential mechanisms for the social regulation of economies on global and local scales: an institutional analysis of ESG investment and community renewables

Toshio Yamada: Samuel Bowles: The moral economy: why good incentives are no substitute for good citizens

Industrial and Corporate Change 28 (6)

Mehmet Akif Demircioglu; David B Audretsch; Timothy F Slaper: Sources of innovation and innovation type: firm-level evidence from the United States

Max-Peter Menzel; Johannes Kammer: Industry evolution in Varieties of Capitalism: a comparison of the Danish and US wind turbine industries

Cosimo Abbate; Alessandro Sapio: Gazelles and muppets in the city: risk sharing and firm growth quantiles in a junior stock market

Derek Lehmberg; Charles Dhanaraj; Rod White: Market adjacency and competing technologies: evidence from the flat panel display industry

Olga M Khessina; Jonathan Jaffee: All that glitters is not gold: the returns of educational credentials at different stages of industrial and organizational evolution

Cilem Selin Hazir; Flora Bellone; Cyrielle Gaglio: Local product space and firm-level churning in exported products

Gaétan de Rassenfosse; Russell Thomson: R&D offshoring and home industry productivity

Masayuki Morikawa: Dispersion and volatility of TFPQ and TFPR: findings from three service industries

Isabel Maria Bodas Freitas; Cornelia Lawson: Imprints from idea origin on innovation and the development environment

Javier López González; Valentina Meliciani; Maria Savona: When Linder meets Hirschman: inter-industry linkages and global value chains in business services

Paulo L dos Santos; Ellis Scharfenaker: Competition, self-organization, and social scaling—accounting for the observed distributions of Tobin’s q

Andreas Reinstaller; Peter Reschenhofer: The impact of the scope of technological search on path-dependence in export specialization: evidence for European countries

J David Brown; John S Earle; Mee Jung Kim ; Kyung Min Lee: Start-ups, job creation, and founder characteristics

Aekapol Chongvilaivan; Jung Hur: Structural change and relative demand for skilled workers: new evidence from the US manufacturing

Journal of Agrarian Change 20 (1)

Saturnino M. Borras Jr.: Agrarian social movements: The absurdly difficult but not impossible agenda of defeating right‐wing populism and exploring a socialist future

Malin Olofsson: Socio‐economic differentiation from a class‐analytic perspective: The case of smallholder tree‐crop farmers in Limpopo, South Africa

Maria Eugenia Giraudo: Dependent development in South America: China and the soybean nexus

Daniel M. Cáceres, Carla Gras: A tipping point for agricultural expansion? Technological changes and capital accumulation in Argentina's rural sector

Lucilla Salvia: The restructuring of Italian agriculture and its impact upon capital–labour relations: Labour contracting and exploitation in the fresh fruit and vegetable supply chain of the Lazio Region, Central Italy

Nicholas Babin: Class differentiation, deagrarianization, and repeasantization following the coffee crisis in Agua Buena, Costa Rica

Jostein Jakobsen: The maize frontier in rural South India: Exploring the everyday dynamics of the contemporary food regime

Humberto González: What socioenvironmental impacts did 35 years of export agriculture have in Mexico? (1980–2014): A transnational agri‐food field analysis

Trent Brown: When food regimes become hegemonic: Agrarian India through a Gramscian lens

Journal of Economic Issues 53 (4)

Jon D. Wisman: The Fundamental Character of Socioeconomic Exploitation: Human Nature, Technology, Social Institutions, and Ideology

John P. Watkins: Veblen’s System of Conspicuous Waste

Blair Fix: Personal Income and Hierarchical Power

Alexander Lenger: The Rejection of Qualitative Research Methods in Economics

Richard Senner & Didier Sornette: The Holy Grail of Crypto Currencies: Ready to Replace Fiat Money?

Janetta Azarieva & Dov Chernichovsky: Food Prices Policy in Israel: A Strategic Instrument

Vishnu Srinivas: Explaining the Increase in Young Adults Living with Parents

Russell Houldin, Richard Carlson & Petar Prazic: Do Incentive Rates Provide Consumer Value? An Empirical Assessment from Ontario’s Electricity Distribution Sector

Thomas Masterson, Ajit Zacharias, Fernando Rios-Avila & Edward N. Wolff: The Great Recession and Racial Inequality: Evidence from Measures of Economic Well-Being

Kerry Liu: Chinese Shadow Banking: The Case of Trust Funds

Ahmad F. Oran: Fashion’s Effect on Consumer’s Preference Formation

Ensar Yilmaz & Sinem Sefil-Tansever: Income Distribution and Redistribution

Eladio Febrero, Ignacio Álvarez & Jorge Uxó: Current Account Imbalances or Too Much Bank Debt as the Main Driver of Gross Capital Inflows? Spain During the Great Financial Crisis

Emir Phillips & Francois Desmoulins-Lebeault: The Financial Stability Board and Switzerland’s WiR-Credit Mechanism

New Political Economy 25 (1)

Special Section: Greening the State for Sustainable Political Economy

Martin P. A. Craig: Greening the State for a Sustainable Political Economy

Dan Bailey: Re-thinking the Fiscal and Monetary Political Economy of the Green State

John Barry: A Genealogy of Economic Growth as Ideology and Cold War Core State Imperative

Martin P.A. Craig: ‘Treasury Control’ and the British Environmental State: The Political Economy of Green Development Strategy in UK Central Government

Robyn Eckersley: The Green State in Transition: Reply to Bailey, Barry and Craig

Original Articles

Stephen Bell: The Renewable Energy Transition Energy Path Divergence, Increasing Returns and Mutually Reinforcing Leads in the State-Market Symbiosis

Stefano Ponte: Green Capital Accumulation: Business and Sustainability Management in a World of Global Value Chains

Wim Carton: On the Nature of the Countermovement: A Response to Stuart et al.’s ‘Climate Change and the Polanyian Countermovement: Carbon Markets or Degrowth?’

Jeff Powell & Yuliya Yurchenko: The Evolution of Private Provision in Urban Drinking Water: New Geographies, Institutional Ambiguity and the Need for Political Economy

Chris Rogers: V for Vendetta as Vernacular Critique: The Exceptional State of Liberal Political Economy

Joseph Baines & Sandy Brian Hager: Financial Crisis, Inequality, and Capitalist Diversity: A Critique of the Capital as Power Model of the Stock Market

José Carlos Orihuela: Embedded Countermovements: The Forging of Protected Areas and Native Communities in the Peruvian Amazon

Problemas del Desarrollo (199)

Pablo Villatoro and María Emma Santos: Who is poor? An analysis of how people living in poverty are identified in Latin America

Yuri Landa Arroyo: Mining resources in global value chains

Nayeli Martínez Velázquez and Gabriela Dutrénit Bielous: Characteristics of innovation and business models in innovative entrepreneurship

Alejandro Dabat and Paulo Leal: The rise and fall of the united states in global hegemony

Héctor Eduardo Díaz Rodríguez, Miriam Sosa Castro and Alejandra Cabello Rosales: Determinants of debt in Mexican households: a neutral network analysis

Eliseo Díaz González, Jairo César López Zepeda and Rafael Garduño Rivera: Technical efficiency in the Mexican automotive industry, 1988-2008

Tomás Gómez Rodríguez, Humberto Ríos Bolívar and Adriana Zambrano Reyes: Impacts of the minimum wage and informal employment on income earnings in Mexico

Real-World Economics Review (90)

Shimshon Bichler and Jonathan Nitzan: Making America great again

Kenneth Austin: American trade deficits and the unidirectionality error

Ted Trainer: The “Nobel Prize” for Economics 2019… illustrates the nature and inadequacy of conventional economics

Duncan Austin: Greenwish: the wishful thinking undermining the ambition of sustainable business

Blair Fix: An evolutionary theory of resource distribution

Phil Armstrong and Kalim Siddiqui: The case for the ontology of money as credit: money as bearer or basis of “value”

Arthur M. Diamond, Jr: Cross-current, or change in the direction of the mainstream?

Leon Podkaminer: Negative natural interest rates and secular stagnation: much ado about nothing?

Research in the History of Economic Thought and Methodology 37

Luca Fiorito: Introduction to a Symposium on Robert Heilbroner at 100

Harald Hagemann: Two Worldly Philosophers: Robert Heilbroner and Adolph Lowe

Edward Nell : Heilbroner on Capital and Capitalism (But Overlooking Finance)

Steven Pressman: Robert Heilbroner and Keynesian Public Finance

Samuel Hollander: On Karl Marx's Evolutionary Credentials and the Marx-Mill Intellectual Relationship

Luca Fiorito:Social Stratification, Hereditarianism, and Eugenics: A Harvard Tale

Review of Behavioral Economics 6 (4)

Kazuo Nishimura and Tadashi Yagi: "Happiness and Self-Determination – An Empirical Study in Japan"

Shashi Kant and Ilan Vertinsky: "Culture, Motives, and Other-Regarding Preferences of First Nations People of Canada"

Anna E. Shaleva: "The effect of social conformity on interpersonal trust"

Quang Thong Truong, Quang Nguyen, Duc Can Vu, Tien Dung Pham and Thanh Binh Phan: "Risk Preference and Microfinance Default: Evidence from a Field Experiment in Mekong Delta"

Socio-Economic Review 17 (4)

Sebastian Koos; Patrick Sachweh: The moral economies of market societies: popular attitudes towards market competition, redistribution and reciprocity in comparative perspective

Sarah Berens; Margarita Gelepithis: Welfare state structure, inequality, and public attitudes towards progressive taxation

Eric Bjorklund: Out of many, one? U.S. sub-national political-economies in the post-welfare reform era

Anthony Kevins: Dualized trust: risk, social trust and the welfare state

Georg Picot; Irene Menéndez: Political parties and non-standard employment: an analysis of France, Germany, Italy and Spain

Axel Cronert: Unemployment reduction or labor force expansion? How partisanship matters for the design of active labor market policy in Europe

Joshua C Gordon: The Perils of Vanguardism: Explaining radical cuts to unemployment insurance in Sweden

Carina Schmitt; Reimut Zohlnhöfer: Partisan differences and the interventionist state in advanced democracies

Henry Rothstein, David Demeritt, Regine Paul, Anne-Laure Beaussier, Mara Wesseling, Michael Howard, Maarten de Haan, Olivier Borraz, Michael Huber, Frederic Bouder: Varieties of risk regulation in Europe: coordination, complementarity and occupational safety in capitalist welfare states

Catherine Comet: How does the inner circle shape the policy-planning network in France?

Lukas Haffert: Permanent budget surpluses as a fiscal regime

The American Journal of Economics and Sociology 78 (5)

Clifford W. Cobb: Editor’s Introduction: The Social Problem of Monopoly

Yiying Zhang, Xiaodan Dong, Tiejun Wen: Rewriting China’s Recent History: Fluctuations in State Economic Control, 1949–1984

Yi Huang: Monopoly and Anti‐Monopoly in China Today

Yugank Goyal: How Governments Promote Monopolies: Public Procurement in India

Bora Coşar, Hakan Yilmaz, Erkut Altindağ: The Role of State‐Owned Enterprises in an Artificial Monopoly Market: The Case of Turkey

L. A. Mierin, E. M. Korostyshevskaya, N. S. Ragimova: The Impact of Monopolies on Small Business Development in Russia

Drew L. Harris, Teresa M. Twomey: Economic Democracy: The Role of Privilege in Advancing Civilization

The European Journal of the History of Economic Thought 26 (6)

André Lapidus: Bringing them alive

Richard van den Berg: Circular reasoning. Forbonnais and the intricate history of circular flow analysis in the 1750s

Stefano Fiori: Nature and labour: theoretical approaches and metaphors of wealth before Adam Smith

Jimena Hurtado: Adam Smith and Alexis de Tocqueville on the division of labour*

Virginie Gouverneur: John Stuart Mill on wage inequalities between men and women

Philippe Steiner: Altruism, sociology and the history of economic thought

Léon Guillot: Widening Wicksell’s conception of political economy: his “thoroughly revolutionary programme”

Johannes Schmidt: Balance Mechanics and Business Cycles

Quentin Couix: Natural resources in the theory of production: the Georgescu-Roegen/Daly versus Solow/Stiglitz controversy

Books and Book Series

Bretton Woods Agreements: Together with Scholarly Commentaries and Essential Historical Documents

by Naomi Lamoreaus and Ian Shapiro | 2019, Yale University Press

The two world wars brought an end to a long-standing system of international commerce based on the gold standard. After the First World War, the weaknesses in the gold standard contributed to hyperinflation, the Great Depression, the rise of fascism, and ultimately World War II. The Bretton Woods Conference of 1944 arose out of the Allies' desire to design a postwar international economic system that would provide a basis for prosperity, trade, and worldwide economic development. Alongside important documents and speeches concerning the adoption and evolution of the Bretton Woods system, this volume includes lively, readable, original essays on such topics as why the gold standard was doomed, how Bretton Woods encouraged the adoption of Keynesian economics, how the agreements influenced late†'twentieth†'century ideas of international development, and why the agreements ultimately had to give way to other arrangements.

Please find a link to the book here.

Just Transitions Social Justice in the Shift Towards a Low-Carbon World

edited by Edouard Morena, Dunja Krause and Dimitris Stevis | 2019, Pluto Press

In the field of 'climate change', no terrain goes uncontested. The terminological tug of war between activists and corporations, scientists and governments, has seen radical notions of 'sustainability' emptied of urgency and subordinated to the interests of capital. 'Just Transition' is the latest such battleground, and the conceptual keystone of the post-COP21 climate policy world. But what does it really mean?

Just Transition emerged as a framework developed within the trade union movement to encompass a range of social interventions needed to secure workers' and frontline communities' jobs and livelihoods as economies shift to sustainable production. Just Transitions draws on a range of perspectives from the global North and South to interrogate the overlaps, synergies and tensions between various understandings of the Just Transition approach. As the concept is entering the mainstream, has it lost its radical edge, and if so, can it be recovered?

Written by academics and activists from around the globe, this unique edited collection is the first book entirely devoted to Just Transition.

Please find a link to the book here.

Shifting Capital: Mercantilism and the Economics of the Act of Union of 1707

by Aida Ramos | 2018, Palgrave

When the Act of Union was passed in 1707, Scottish parliament was dissolved and the nation’s capital became London. While the general public balked at the perceived unfairness of the treaty, the majority of Scottish ministers seemed satisfied with its terms. This book offers an explanation of how that outcome came about. By examining the influence of a particular strain of mercantilist thought, Ramos demonstrates how the negotiations preceding the passage of the Act of Union were shaped by ideas of value, wealth, trade and power, and, accordingly, how the model of positive balance was used to justify the necessity of the Act.

Utilizing contemporary evidence from the English and Scottish ministers involved, this book explores alternative arguments regarding the Union, from before 1707 and in early Scottish political economy, thus highlighting the differing economic and political views that have persisted between England and Scotland for centuries. With twenty-first century discontent leading to the Scottish independence referendum and arguments that persist in the wake of the Brexit decision, Ramos produces timely research that investigates ideas of protectionism that feed into mercantilist economic thought.

Please find a link to the book here.

The Economic Thought of Sir James Steuart

James Steuart published An Inquiry into the Principles of Political Œconomy in 1767, the first systematic treatise on economics, nine years before Adam Smith’s Wealth of Nations. Traditional historiography has tended to disregard and even deny Steuart’s oeuvre, categorizing him as the last, outdated advocate of mercantilist policies in Britain.

A clear portrait of a modernizing and enlightened Steuart emerges from this book, opening up an alternative approach to many key developments in economic theory. This book brings together a diverse international team of experts to overturn the "advocate of mercantilism" myth and explore different interpretations of Steuart’s work within the context of the writings of other contemporary authors. A diverse range of specialists – historians, economists, political scientist, and sociologists – reflecting the diversity of James Steuart’s work explore various aspects of the life, works, and influence of James Steuart, including his links to other authors who conceive – as Steuart did – the economic system of "natural liberty" as an artificial creation. The portrait of a demarginalized, modernizing, and enlightened Steuart emerges clearly in this book.

Please find a link to the book here.

Understanding Socialism

by Richard D. Wolff | 2019, Democracy at Work

Understanding Socialism tackles the taboos and unveils the often hidden histories of socialism, but most importantly it offers a way forward: a socialism built on democracy in the workplace. A blend of history, analysis and opinion, Understanding Socialism is an honest and approachable text that knocks down false narratives, confronts failures, and offers a path to a new socialism based on workplace democracy. Understanding Socialism not only explains what socialism is and has meant to various proponents, it also looks at the past transition from feudalism to capitalism as a model to help us visualize the next transition out of capitalism. Understanding Socialism explores how socialist theory was used and applied to shape the histories of countries like Russia and China principally, and many other countries in smaller but important ways. It analyzes the successes and defeats of those countries, the world's reactions to them (anti-socialism and fascism), and how all of those factors offer important lessons for the building of a 21st century socialism.

Please find a link to the book here.

Uprooting Economics: A Manifesto for Change

by Bart Nooteboom | 2019, Edward Elgar Publishing

Much-needed in the face of present political upheavals, including the rise of populism and re-emergence of nationalism and authoritarian regimes, this book is radical in both its critique and proposals for a new economics. Taking an interdisciplinary approach, Bart Nooteboom offers insights from economics, sociology, cognitive science, social psychology and philosophy. Exploring ways in which economics is developing, the book investigates how new economics has moved away from considering individuals as autonomous and instead studies their involvement and interactions with each other. The book discusses a new relational economics: less contractual, hierarchical and controlled, and more based on trust and mutual adjustment.

Nooteboom proposes a shift from utility ethics to the virtue ethics of prudence, courage, moderation and justice.

A provocative read for economics students, this work is especially pertinent to those interested in rethinking the subject and expanding upon heterodox theories. It will also prove a useful read to critical economists and sociologists looking to better understand a way forward in our current economic climate.

Please find a link to the book here.

Heterodox Graduate Programs, Scholarships and Grants

MPhil/PhD Scholarship (University of Greenwich, UK)

PhD Scholarship on "Capitalism and Labour Exploitation: the Role of Accounting in the Maritime Labourers' Market"

Applications are invited for a PhD project in “Accounting and Capitalism”. The MPhil/PhD Scholarship aims to support a successful candidate in investigating the role of accounting in sustaining institutional power and social control on a group “relegated to second-class social status…by the way their skills and outputs [are] quantified” (Fleischman and Tyson, 2004). Despite some studies on ‘dark side’ of accounting (Funnell 1998; Fleischman and Tyson, 2002, 2004 and Hammond et al., 2007), the use of accounting in reinforcing racialization and discrimination as means of labour control in capitalist systems is unexplored. From an historical point of view the candidate must seek to provide new insights into the role of accounting as “a multi-faceted function…essential to capitalism” (Catchpowle et al., 2004:1059) investigating the organization of maritime employment in the British Maritime industry, from 1600 to the 1980s, (Balachandran, 2012; Fisher, 2004, 2009). By undertaking a in-depth qualitative analysis of the rare documentation available in the Card Library of the Maritime Museum and National Archives, the project aims to contribute to the literature by analysing accounting’s role in the capitalist and racist exploitation of labour and also to current debates on the effectiveness of the Modern Slavery Act (2015) in combating exploitation of vulnerable groups in society.

How to apply

Please read this information before making an application. Applications need to be made online. No other form of application will be considered. All applications must include the following information. Applications not containing these documents will not be considered.

*upload to the qualification section of the application form. Attachments need to be in PDF format. The scholarship must commence January 2020.

For further information please contact the supervisors: Dr.Julia Mundy and Dr Antonella Russo

Application Deadline: 18 December 2019

Masaryk University Brno, Czech Republic (1/2)

Job title: Doctoral Research Fellowship (PhD)

Title: "Critical nodes in economic connectivity: A multi-method application to facilitate structural transitions"

This project develops a suite of applicable methods including input-output and social network analysis that are appropriate to identify critical notes and help to analyse determinants of change and transition in structural and functional connectivity of networks. The project applies selected methods to environmental research problems of post-carbon energy transitions, the water-energyfood nexus, or floodplains as social-ecological systems. A core objective is to derive methodological contributions that help to describe and analyse input-output data in connectivity studies. The project includes research collaboration with IIASA, MODUL University Vienna, European University Cyprus, and, depending on the case selection, research stays at the Environment Agency UK and BOKU, the University of Natural Resources and Life Sciences Vienna.

To apply for this position, we require a copy of your CV, degree transcripts, motivation letter, a short proposal of how you would approach the PhD project (1p. max.), published or Master thesis sample writings, and the names of two referees. Please indicate in your motivation letter if you are interested in being considered for any of the other PhD positions in our network (and that you are happy for your data to be shared with the respective institution).


Note that female candidates are particularly encouraged to apply. The successful candidates must satisfy the eligibility criteria (see below) and have:

Eligibility Criteria

To satisfy the eligibility requirements set for an Early Stage Researcher (ESR) funded by Marie Skłodowska-Curie you:

For further information and inquiries about the position, please contact Christian Kimmich. To apply and for further information visit the official website.

Application Deadline: 31 January 2020

Masaryk University Brno, Czech Republic (2/2)

Job title: Doctoral Research Fellowship (PhD)

Title: "Catastrophic transitions: Regime shifts in network topology resulting in novel systems"

This project applies network-based approaches to multiple systems using secondary data to explore how shifts in network topology result in novel systems. The objective is to explore drivers and dynamics of catastrophic transitions at multiple scales in different contexts, understand commonalities of changes and identify universal characteristics in network topology that help to anticipate state transitions and the potential for reversal through comparative analysis of multiple cases. Cases can include river systems, land-use change, brain activity, transition between sleep states, transitions in political and energy systems, among others. The project includes research collaboration with IIASA, MODUL University Vienna, University of Groningen, Jacobs University Bremen, European University Cyprus, and, depending on the case selection, research stays at University of Durham, at AAI Scientific Cultural Services, or at Aix-Marseille University.

To apply for this position, we require a copy of your CV, degree transcripts, motivation letter, a short proposal of how you would approach the PhD project (1p. max.), published or Master thesis sample writings, and the names of two referees. Please indicate in your motivation letter if you are interested in being considered for any of the other PhD positions in our network (and that you are happy for your data to be shared with the respective institution).


Note that female candidates are particularly encouraged to apply. The successful candidates must satisfy the eligibility criteria (see below) and have:

Eligibility Criteria

To satisfy the eligibility requirements set for an Early Stage Researcher (ESR) funded by Marie Skłodowska-Curie you:

For further information and inquiries about the position, please contact Christian Kimmich. To apply and for further information visit the official website.

Application Deadline: 31 January 2020

Master of Arts in Political Economy of Money and Development (Franklin University, Switzerland)

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 (with the option of an internship at Ceresio Investors), 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 (stipend 1.000 CHF per semester).

For more information please visit the offical website.

PhD Scholarships (University of Duisburg-Essen, Germany)

Job title: 12 PhD scholarships at Institute for Socio-Economics (University of Duisburg-Essen) "Political Economy of Inequality"

At the Institute for Socio-Economics we are looking for 12 new PhD candidates. The overall topic of the doctoral programme is "Political Economy of Inequality", but research linking this topic to environmental questions, such as sustainable welfare, degrowth, and just transition, is highly welcome. The programme will start in November 2020 and is funded by Hans-Böckler-Stiftung. A working knowledge of German is advisable for full participation in the PhD programme.

The PhD program „Political Economy of Inequality” investigates extent, causes, and consequences of rising socio-economic inequality. While economic aspects of inequality are a key focus of the research, they are always contextualized with non-economic dimensions of inequality. Political, social, and ecological causes and consequences of material inequality are systematically integrated into the analysis. The research at the Institute for Socio-Economics is characterized by an interdisciplinary and applied socioeconomic approach. It integrates economic inequality research, political economy and economic sociology, as well as current economic and social policy reform discourses on an equal footing.

PhD fellows will actively participate in the Institute and be provided with numerous opportunities for further academic qualification (methods courses, summer school, international research stays). Apart from an outstanding scientific profile, the concrete societal and political relevance of socio-economic inequality will be a mainstay of the PhD program.

The following research questions are at the centre of the PhD program:

The program is offered by the Institute for Socio-Economics in conjunction with the Institute for Work and Qualification, as well as other partners. It covers a regular seminar, methods courses, a summer school, regular topical mini courses, workshops for science communication, and the opportunity for both national and international visiting research stays. PhD fellows will have access to the extensive support program of the Hans Böckler Foundation.

How to apply

On February 19, 2020, a preparatory workshop will be held in Duisburg, at which applicants will receive detailed information on the PhD program. The academic supervisors will be available for discussing and developing research proposals, and to answer any questions applicants may have. Please register via email for this workshop with Prof. Dr. Till van Treeck. Please include a CV and a 1-page draft for a possible PhD research project in your application. If you are interested in applying, but cannot participate in the workshop, please contact the Institute at the above e-mail address as early as possible.

Please find further information on the call and the institute here. If you seek an earlier start and have an advanced research proposal, our institute also supports applications through other funds, for example the call by Deutsche Bundesstiftung Umwelt "Eco-social questions of the energy transition", for detailed information visit the official website.

Registration Deadline (for the Workshop): 7 February 2020

Reminder: Call for Applications of the EPOG+ Programm

Economic POlicies for the Global transition (EPOG+) is an Erasmus Mundus Joint Master Degree in economics, supported by the European Union. It offers a world-class integrated Master's programme on the (digital, socioeconomic, ecological) transition processes with a pluralist approach and interdisciplinary perspectives.

The main objective of the programme is to give birth to a new generation of international experts, able to define and assess economic policies and evolve within different political, social and regional contexts. Towards this objective the EPOG+ Master’s programme goes beyond the reach of standard economic theory to include various heterodox/institutionnalist approaches.

The full partners (degree awarding institutions) include a wide set of prestigous institutions:

It also involves more than 30 (academic and non-academic) associated partners in Europe and the world.


The very best students from all over the world will be eligible for scholarships awarded for 2 years by the European Commission, based on our selection:

Note that two recommendation letters are needed to apply and have to be provided by the deadline. The course will start in September 2020.

You can find more details here or on the official EPOG+ website.

Application Deadline: 30 January 2020 (14:00, Paris time)

Calls for Support

Picasso and Einstein: The Economy, Leadership and You (Kickstarter-Campaign)

From today's global challenges, like our climate crisis, through to your personal challenges and need for well-being, we are under ever increasing pressure. It's time to reinvent everything. But how?

Just as Picasso and Einstein did in art and physics a century ago. We need to look at our world through new lenses, and decide what to do using new maps. Because our current lenses and maps are the ones that created the world we have, they cannot give us the world we now need to create.

FairShares Commons companies fairly share decision making in general meetings, profits, and asset appreciation with all stakeholders who engage with the company - including our planet. This method holds the real possibility of multi-solving: one solution that solves today's issues and our long term issues; like the climate crisis, poverty, and income inequality around the world.

Staff, customer, and supplier engagement and satisfaction will skyrocket because they will no longer live in fear their organization could be sold off, while also fairly receiving a share of the profits, decision making and asset appreciation. When enough FairShares Commons organizations are in place, our communities will have created a kind of Universal Basic Income (UBI) because everyone in the community will be engaging with companies at a variety of stakeholder levels. And this without any need for government support!

We have the resources and technology to solve the world’s biggest problems. We have the motivation to succeed. All that has held us back is the lack of such multi-stakeholder solutions to incorporate. Solutions that are better for all, including investors.

This is a kickstarter-campaign with several oportunities to support the project. Please note that no matter what level of backer you become, the draft of the ebook will be available to you right away.

Please find more information about the project here.

Rethinking Economics' initiative to reform the teaching of banking and money

The Rethinking Economics student movement has started an initiative to reform the teaching of banking and money. Banks and their role in the creation of money are integral to our modern, financialised economies. Yet, the teaching economics students receive doesn’t give them the full picture. As those with the power to influence the next generation of economists, it is essential that you review the teaching of the role of banks in economics courses and bring it in line with up-to-date research. Our economics graduates need to understand how banks function in the real-world, in order to avoid past crises and to create better economies in future.

Economics textbooks across the world, some of them first published in the 1960s, continue to teach students a model of the monetary system in which commercial banks act as intermediaries, that only move existing money around the system, like lubricant in a machine. Many economics courses rely on the models in these textbooks, without recognising the empirical evidence that undermines them. This gives an unbalanced view of the way the monetary system functions and of the role of banks in the economy.

Those of you teaching in this area, could get in touch with the coordinator in order to share teaching materials so that building on best practice, alternatives can be developed.

Further you can support the open letter. In publishing this letter, with the support of the signatories, Rethinking Economics Initiative is extending an invitation to develop an economics education that is grounded in the real-world and gives students of economics the tools to address the challenges of the twenty-first century economy.

For more information please visit the official website.

The Frederic S. Lee Heterodox Economics Scholarship Fund

The Frederic S. Lee Heterodox Economics Scholarship Fund was established in 2014 with a sizable contribution from Fred and Ruth Lee, along with contributions from many others. In the five years since his death, the Fund has awarded over $41,000 in scholarships to a total of 13 PhD students at several universities. Your contribution is greatly appreciated. Donations can be made here.

For more information on Fred Lee, please visit his memorial website.