Heterodox Economics Newsletter

Issue 268 September 07, 2020 web pdf Heterodox Economics Directory

With this issue the Heterodox Economics Newsletter is returning from it's 'summer break'-mode to the usual schedule. This 'summer-break' mode comes with a little slow-down that emerges from the slight reduction in publicaton frequency (from three to four weeks). I typically exploit the free-time associated with this slow-down by engaging more strongly in two other things only partially related to heterodox economics, namely handicraft & reflection.

You might argue that the handicraft-part is totally unrelated to heterodox economics, but as it brings a lot of satisfaction to my instinct of workmanship I would argue otherwise. Also, with handicraft you typically get things done. And with 'done', I mean really 'done', 'completed' and 'finished'. As you might have noticed, this is never the case with academic research: even if we finish a paper-draft or get something published, we will always duly note further research questions and thereby indicate the incompleteness of all our efforts. However, there are no 'further questions' after completing the assembly of, say, a kitchen-board or a new bed for your kid, which provides some personal anchoring contra the evil forces of alienation ;-)

The relation to economics is stronger & more obvious in the 'reflection-part', which often circles around the question why economics is changing so much more slowly than what would be required for appropriately informing those actors, that actually aim to confront main challenges of the early 21st century (like climate change or ever-increasing economic inequality).

Some contributions especially suitable for informing reflection on this point are included in this issue of the Newsletter: first, you can have a look at the WEA's most recent book on the financial crisis in retrospect to reflect on how much change economics experienced in the past decade. Second, you could engage with Carlo D'Ippoliti's book Democratizing the Economics Debate to reflect on why change in economics is actually proceeding so slowly and what this implies for the quality of democratic discourse. Finally, you should probably have a look at the recent issue of the Journal of Economic Methodology, which hosts nice papers by John R. Welch and George Chorafakis that might stimulate your thoughts on possible paradigmatic and philosophical advances, that might contribute to such a change in economics.

So much from my side; hope you have a good time & stay healthy,


PS: Some readers might enjoy the fact that the combination of handicraft & reflection truly mimics Aristotle's classic division between vita activa and vita contemplativa – one of the few instances, where I have managed to align my own modes of living with the wisdom of the classics.

© public domain

Table of contents

Call for Papers

24th FMM Conference 2020: Update (online, Oct 2020)

29-30 October | online

Due to the Corona crisis and the related international travel sanctions, we have decided to cancel the familiar conference in Berlin Steglitz for 2020. The conference will be replaced by an online event "The Corona Crisis: Macroeconomic Implications and Policies for Sustainable Recovery" on the dates of 29 and 30 October 2020 with online presentations and discussions by experts in the field. There will be no call for papers, but you can watch and engage in the webinars. For more details visit the official website.

Erasmus Journal for Philosophy and Economics: Special Issue on "Challenges Posed by Global Pandemics"

Special Issue: "Challenges Posed by Global Pandemics"

The Erasmus Journal for Philosophy and Economics invites submissions for a forthcoming special issue devoted to the challenges posed by global pandemics, in general, and by the Covid–19 pandemic, in particular. We are especially interested in short, focused contributions (2,000–4,000 words) that take an interdisciplinary approach at the intersection of philosophy and economics, and we welcome texts by authors from across the disciplinary spectrum.

We invite submissions from the following broad categories of possible (but non-exhaustive) questions:

While naturally our—like everyone’s—immediate attention is focused on the Covid–19 pandemic, we very much welcome texts that draw lessons from past pandemics for the challenges we currently face. Texts should be in the range of 2,000–4,000 words.


Submissions will go through a standard peer-review process. Please make a submission through the journal’s standard submission system. The special issue is scheduled for publication in the spring/summer of 2021. If you have questions, contact the editors at editors@ejpe.org.

Submission Deadline: 10 January 2021

Histoical Materialism 2020 Conference: Update (online, Nov 2020)

12-15 November 2020 | London, UK

The Historical Materialism Conference 2020, which should have taken place in London, will not take place in person this year. The Editors are discussing alternative possibibilities and will get back to people who submitted their abstracts soon.

Find more information soon on the official website.

International Workshop: Leveraging Chinese dream and capital (online + Hong Kong, April 2021)

15 -16 April 2021 | online + City University of Hong Kong, Hong Kong

"Leveraging Chinese dream and capital: State power dynamics and sub-national industrial manoeuvres"

Ever since China announced the Belt and Road Initiative (BRI) in 2013, many academic research, policy reports, and journalistic commentaries have been very sceptical about the
intentions and outcomes of such a massive infrastructure plan. On the one hand, China’s slowing economic growth, the unprecedented problem of overcapacity and inevitable development bottlenecks have contributed to drive speculation and interest into the study of the hidden agenda of extractive neo-colonialism, military expansionism and authoritarian statism. On the other hand, there is now recognition of the great intellectual significance to probe on how the engaging/recipient countries leverage President Xi’s ambitious Chinese dream and the abundance Chinese capital. To this extent, recent works have emphasized the ‘highly contingent, extremely loose, and indeterminate nature’ of Chinese grand strategy, driven by both the competing interests within the Chinese state and the divergent domestic dynamics of power in host states.

As a starting point, the multi-faceted nature of China-BRI relations is further complicated by patterns of domestic economic governance. In particular, the rise of China has provided a model of growth for political elites in the Global South to move away from neoliberalism and Washington Consensus as a template for development. Some recent works have outlined the trajectory of Chinese capitalism as a co-evolution between state capacity and dynamic economic markets. From resource nationalism to re-engaging with industrial policy, states have begun to articulate some form of state capitalism as a means of asserting sovereignty and reclaiming policy spaces in a world order rapidly in flux. With the decline of neoliberalism comes not only heterodox approaches to economic development but also a search for alternative driving forces for structural transformation in their national economies. To be clear, China’s impact on developing countries is highly debated and its end result remaining tentative. For some countries Chinese finance and investments have served as an effective alternative to international financial institutions and created opportunities for articulating new development strategies. For others, growing Chinese presence has been perceived as a threat to the capacity of domestic firms (especially in traditional export manufacturing countries like Turkey, Brazil, Argentina and Mexico) to compete against an emerging global manufacturing powerhouse. In the context of BRI projects, host states have considered demanding more from China by diversifying investments towards non-resource and non-connectivity related sectors. Kazakhstan, for instance, has sought for Chinese support towards renewable energy, manufacturing and food processing – all of which are rooted on local demands for green energy and industrial development in the face of growing Chinese presence in the national economy.

In this context, this international workshop seeks to examine the changing China-BRI state relations as ‘global China’ deepens its engagement with the Global South. Our project has four key objectives in mind:

With these objectives, our approach is to contextualize China’s BRI in the broader theoretical debate of industrial policy and to examine how some states succeeded or failed to tap into the development opportunities brought forth by the growing presence of China in the world. Specifically, we will explore the domestic and transnational factors as well as the structural and idiosyncratic explanations for the varying capacity of BRI recipient states to negotiate for a set of desirable development trajectories. The novelty of our approach is that we intend to make explicit comparisons across Central Asia, Africa and Southeast Asia in both Silk and Maritime Roads.

We recognize the tensions between centralized approaches towards the BRI from China and the messy and complex dynamics due to domestic politics from engaging countries. Drawing from established tradition in recent BRI scholarship, we will adopt the two-step framework to investigate the state-level and sub-national mechanisms. First, according to the asymmetry theory, we hypothesize that China’s deterministic efforts in its BRI has tipped the state-to-state power dynamics with the engaging countries, and unintentionally, may have offered the engaging countries greater leverage to punch above its weight. In the course of state-to-state negotiation, these countries also assume more risks to engage in a wider range of activities with China. Second, social conflict theory assumes that sub-national activities have profoundly shaped the state-led development agendas. The consequences of such local manoeuvres depend on the constituents of the related institutional regime, the development legacy of different industrial sectors, the ideational value, and the capacity of the agents. As a result, while some BRI projects have opened up new opportunities for industrial development in the host countries, others exacerbated regional animosities and enhance disparities. Specifically, we intend to seek patterns across the range of cases as the vaguely defined BRI continues to adapt to the changing realities, and then, to explain the asymmetric state power dynamics between China and the engaging countries, as well as the sub-national manoeuvres among industrial policymakers and stakeholders. To put cogently, we wish to examine how foreign policies around BRI that signal geopolitical and geo-economic asymmetries of power between China and engaging states are mutually co-evolving with the pull and push factors influencing the political economy of industrial development. By considering the international-domestic nexus and the geostrategic-political economy connections of the BRI, the proposed project promises to map and explain the immediate—and possible long-term—outcomes of Chinese grand strategy coalescing around the BRI.

This workshop calls for research papers about the engaging mechanisms and outcomes across the whole set of countries and sectors drawn into the BRI project. We specifically encourage thefollowing papers:

Based on the workshop presentation and discussion, we plan to put together a special issue proposal for inter-disciplinary journals, such as Development and Change, Economy and Society, Journal of Development Studies, and Review of International Political Economy. The workshop will also serve as an initial step to establish an international network focussed on strengthening collaboration among European, African, and Asian scholars working on the BRI. We anticipate that the meeting will offer a platform for further research activities, seminars, and collaborative grant applications.

Instructions for Submission

We anticipate that the workshop will take place both online and offline (for local participants in Hong Kong only) as a public health measure in lieu of corona virus. We will revisit the possibility of moving this into a two-day workshop depending on the appropriate travel advisory advice. If you are interested in participating in the workshop and the special issue, please write a 400 word abstract and submit to j.nem.singh@fsw.leidenuniv.nl or jojo.nemsingh@gmail.com. The following deadlines will be observed: November 30, 2020 for abstract submission and March 30, 2021 for a 6,000-word draft of the paper.

Submission Deadline: 15 December 2020

Journal of Economic Methodology: Special Issue on "The Lucasian Turn in Macroeconomics"

Special Issue: The Lucasian Turn in Macroeconomics with guest editor Peter Galbács

In 2022 we will celebrate the 50 anniversary of the publication of Robert E. Lucas’s revolutionary paper, ‘Expectations and the neutrality of money’. In honour of this occasion, editors of the Journal of Economic Methodology have decided to devote a special issue to the overall assessment of the impact of the paper and Lucas’s theory, particularly from the perspective of economic methodology.


‘Expectations and the neutrality of money’ was a milestone in the evolution of modern macroeconomics. In this paper, Lucas, with inspiration from Phelps, completed the placing of macroeconomics on microfoundations for the first time to understand business cycles as the outcomes of individual decisions. Soon afterwards, elaborating the microfoundations became for him the key to meaningful macroeconomics and the basis upon which he mounted a systematic offensive against then traditional Keynesian macroeconometrics. In line with this line of inquiry, Lucas developed the islands model and extended its applications throughout his career. This framework proved to be a defining and enduring constituent of his economics.

Lucas’s idea of optimizing agents responding to unpredictable shocks to the money supply inspired others to apply the same framework to the case of stochastic shocks to preferences or technology. The resulting real business cycle (RBC) theory, initiated by Prescott, Kydland, Plosser and others, thus has its roots in Lucas’s core islands model framework. Given the profound influence RBC theory has exerted on today’s economics, it is not an overstatement to say that Lucas, both directly and indirectly, was one of the most powerful formative minds behind modern macroeconomics. It is also Lucas’s islands models and the resulting ‘Lucas critique’ that forced Keynesians to provide microfounded explanations for the traditional Keynesian assumptions (e.g. rigidity of prices and wages). Moreover, monetary neutrality, Lucas’s core theoretical and economic policy puzzle, is still active as a problem.

Call for Papers

We invite papers that approach the Lucasian turn in macroeconomics from a methodological and historical perspective. We are particularly interested in papers that use philosophy and history of economics in an integrated way to shed light on both Lucas’s approach and its impact from the point of view of economic methodology. The following list of topics, issues and questions could serve as a starting point for the scholars who are interested in contributing to this special issue.

This, of course, is only a preliminary set of questions. We welcome all papers that deal with the Lucasian turn in macroeconomics in line with the aims and scope of the Journal of Economic Methodology.

Instructions for Authors

Papers must follow the general instructions for authors of the Journal of Economic Methodology and be ready for the peer-review process. Submission takes place via the journal’s submission page. The papers submitted to the special issue will go through the standard peer-review process.

Manuscripts are submitted via JEM’s submission site: https://mc.manuscriptcentral.com/rjec

To submit your manuscript for the review symposium, please follow these steps:

  1. Login to manuscript central: https://mc.manuscriptcentral.com/rjec
  2. On the top menu, click on “Author” to go to the Author Dashboard.
  3. You should be seeing the “Start a New Submission” menu. Click on “Begin a Submission” under Traditional Submission.
  4. On Step 1. Choose “Original Manuscripts” and enter the details of your manuscript.
  5. Complete Steps 1-6 by answering the questions on the screen. Please note that in Step 2 you will need to upload the manuscript file.
  6. This is an important step: “Step 5: Details and Comments”. When you arrive at Step 5, on the bottom of the page you’ll see the following question: “Is this manuscript a candidate for a Special Issue?” Please select “Yes” and choose the name of the special issue from the dropdown list. The name of the special issue is: “Lucasian Turn”
  7. Complete the remaining steps to review and submit your manuscript.

Deadline for paper submission: 15 June 2021

Journal of Historical Materialism Special Issue: Extended Deadline

Special Issue on Race and Capital

Over the past decade racism, racialisation, empire and solidarity have re-emerged as some of the most central and contested issues to contemporary political struggles. The political right has mainstreamed and instrumentalised explicit and implicit forms of racism to reach the halls of power. This racism has not simply been rhetorical, as successive right-wing governments have implemented exclusionary and discriminatory policies. This official racism has been deployed internationally – to legitimate and drive imperialist interventions and restructurings – and domestically – to channel social discontent away from the status quo and towards sub-proletarianised migrants and racial marginalized subjects.

At the same time, the burdens of successive ‘crises’ – from the financial crisis of 2008 to the impact of Covid-19 – have been distributed on a highly racialised basis, with poor, racialised subjects, both domestically and internationally, being hit hardest. This is not simply a transient phenomenon, with a warming planet presaging forms of ‘climate racism’ on the horizon.

This has not gone uncontested. Organized anti-racist politics throughout the world, typified through Black Lives Matter, continue to make significant political interventions. These anti-racist mobilisations have been sufficiently intense and widespread to force the forces of the status quo into action: corporations have declared ‘Black Lives Matter’, the neoliberal left has ‘taken a knee’, books about white guilt shoot up the chart and managers scramble to arrange ‘unconscious bias’ training. This has gone hand in hand with attempts to criticise the ‘extremists’ and ‘radicals’ within the anti-racist movement, de-legitimise their direct action and cast their acts of solidarity – particularly with Palestinians – as themselves racist.

These attempts to co-opt and contain the anti-racist movements are themselves a response to deep fissures within those movements, whose participants range from Marxists to well-meaning liberals, to Afropessimists and everything in between. As such, within the anti-racist movement itself debates have arisen over the nature of race and racism, the relationship between ‘race’ and ‘identity’ and – crucially – how ‘solidarity’ relates to anti-racist politics.

This has also sometimes led to mutual suspicion between anti-racists and Marxists. For some anti-racists, the Marxist tradition is incapable of thinking through the specific dimensions of race and racism. For some Marxists, anti-racist thinkers miss the social and material factors driving the world. While strong arguments have been advanced in both directions, these debates often descend into caricature. Many key anti-racist thinkers and activists – the Black Panthers, Angela Davis, Frantz Fanon to name the obvious – identify with the Marxist tradition. More broadly, there has been a rich vein in Marxism of thinking through the relationship between racism, capitalism and working-class struggle.

It is to this tradition that this special issue of Historical Materialism seeks to contribute: thinking through in a serious way the interconnections between capitalism, racism and the class struggle on a theoretical, political and historical level. The special issue seeks to serve as a forum for Marxists – in a comradely way – to discuss and intervene in these issues. Areas of interests include (but are not limited to):

Please send a 300-word abstract to HMRaceCapital@gmail.com The paper of no more than 9,000 words will be expected to be submitted by January 21st, 2021. For further details visit the official website.

Submission Deadline: extended to 21 September 2020

New School for Social Research Theory Collective Workshop Series: “Socialist Commons: Imagining Radical Alternatives”

Theory Collective at the New School for Social Research is inviting paper proposals for its fall 2020 — spring 2021 online graduate student workshops that will deal with the issue of socialist and radical alternatives to contemporary societies.

Theory Collective has run biweekly and interdisciplinary, student-led discussions of academic papers, dissertation proposals and chapters that deeply engage with political theory, its history and concepts. This year, we decided to move our annual series of NYC graduate workshops online and, hence, open participation to all PhD students and candidates interested in the theoretical dialogue regardless of their geography and program.

During the last years, we have witnessed the return of mass feminist, labor, anti-racist, socialist and ecological organizing all over the globe. Being deeply critical towards existing political and economic structures, the new wave of grassroots democratic politics has revived the positive question about anti-capitalist alternatives. How could we imagine queer, eco, feminist, and socialist communities? What democratic forms do they take? What institutions does the prison abolition project require? What should be included in the list of contemporary socialist demands? We invite you to discuss all these topical issues that have important precedents in the rich history of revolutionary utopian thinkers and projects worldwide.

From modern utopian socialists of the XIXth century to contemporary queer, feminist, anti-racist and ecological groups, left movements have struggled to abolish dominant institutions of nuclear family, private property, and nation-state. In addition to their critique, radical politicians and thinkers have also experimented with more democratic forms of living and governing, including those of communes, labor cooperatives, and councils. In the U.S. during the 1960s, for example, urban programs and mutual aid projects created by groups like the Black Panthers, Young Lords, and Gay Liberation Front reimagined the organization of education, child care, health services and other community resources in non- and anti-capitalist ways. Along with Indigenous, campesino and ecosocialist movements, such groups have posed the imperative for democratic control of land use, technology, transportation and housing, advocating and experimenting with alternative ways of socially structuring urban and agrarian environments.

We welcome papers, dissertation proposals and chapters that engage with these theoretical questions, as well as elaborate on the history of anti-capitalist philosophy. We particularly encourage interdisciplinary works utilizing or critiquing the ideas of socialism and democracy from the point of view of de-colonialism, queer and feminist theory, indigenous studies, disability studies, critical race and ecological theories.

For paper proposals, please submit a two-three page abstract (min. 300 words) that includes institutional affiliation, academic level and contact information. Full academic paper drafts up to 20 pages are encouraged but not necessary. Please submit your papers through this google-form. Participants will be notified by October 1. Theory Collective 2020-2021 workshops will be held once a month beginning from October.

For further details contact Anastasia Kalk, PhD Student, NSSR or Sarah Lenfest, PhD Student, CUNY; or visit the official website.

Submission Deadline: 15 September 2020

Regulation Review: Special Issue on "Towards a political economy of ecology: transformations of the social relationship with nature" (Deadline extended)

Special Issue "Towards a political economy of ecology: transformations of the social relationship with nature"

The climatic and ecological challenges facing human societies require radical behavioural, economic and political transformations. Awareness of our planet’s limitations prompts us to question the way contemporary economies are organized and regulated. This call for papers from the Revue de la régulation - a journal that provides a debating forum for institutionalist analyses – will bring together contributions questioning the institutions on which the capitalist economic system rests in terms of climatic and ecological issues. Proposals whether from economics and the various social sciences and/or from cross-disciplinary approaches are all awaited in accordance with the Journal’s editorial line. Four directions are given precedence but are not exhaustive: (i) the growing financialization of the economy, globalization of production via worldwide value chains and their institutional complementarity, faced with the challenge of ‘global change’; (ii) the conflict-based dimension of the ecological and climatic crisis; (iii) the joint development of institutional forms that both codify social relations and regulate the economic system and of social relations with the environment; (iv) the (de-)construction of collective imaginations, shaped notably by science and engineering.

Proposals: extended abstracts within 800 to 1 200 words, excluding references should be send to regulation@revues.org. For further details visit the official website.

Submission Deadline: extended to 9 October 2020

Science & Society: Open call for contributions

Appearing quarterly since 1936, Science & Society is the longest continuously published journal of Marxist scholarship in any language in the world. It is peer-reviewed, interdisciplinary, and devoted to both serious study and fundamental social change. S&S is a non-sectarian journal that promotes respectful attention to the entire Marxist tradition, as well as to the most advanced tools and concepts from the present-day social science literatures.

The journal has published some of the most powerful and memorable debates in Marxist theory, including the historic transition debate, dialectics, value theory, transnational capitalism, the nature of historical change in class societies, socialism and revolution, and Marxist-feminism. We seek original studies in political‒economic analysis of contemporary capitalist societies, as well as articles in social and political theory; philosophy and methodology of the natural and social sciences; labor, ethnic, gender and cultural studies; aesthetics, literature and the arts; and ideological trends (anarchism, autonomism, and more).

Science & Society especially wishes to encourage the emergence of a new generation of Marxists around the world, and therefore welcomes submissions from graduate students and younger scholars who bring fresh insight into analyses of the economic, political, cultural and ecological dimensions of capitalist society.

If you have written an article or review that falls within our purview, consider submitting it to S&S.

Full details, and contact:

Special ESHET 2020 Issue of the European Journal of History of Economic Thought

The preparations for the Special ESHET 2020 Issue of the European Journal of the History of Economic Thought are now under way. Due to the pandemic the ESHET conference could not be held in May 2020 in Sofia, as was originally planned. Yet, a large number of papers had been proposed for presentation and many proposals had been accepted. In order to show the continuity of research in the history of economic thought, the executive committee of ESHET and the editors of EJHET have decided to publish a special issue from a selection of the papers that were intended for the event. We are therefore writing to invite those who had planned to attend the 2020 conference in Sofia to submit their full papers for consideration for the special issue of EJHET.

The Special Issue has no specific theme and all papers that were accepted for presentation at the conference would be considered.

Please note the following:

For more details please contact Richard van den Berg, Pencho Penchev or Hans-Michael Trautwein.

Submission Deadline: 15 September 2020

Call for Participants

Conference on International Solidarity and Relational Inequality (Amsterdam, Sept 2020)

13 September 2020 | International Institute for Research and Education, Lombokstraat 40, 1094 AL Amsterdam.

Why is working-class internationalism so difficult to achieve? Why could workers so often be seduced by jingoism and xenophobia? Why do Northern workers frequently behave indifferently towards the misery of workers in the Global South? Socialists have been discussing these questions for a long time, across the world. Often these discussions are framed in moral or even moralistic terms (e.g., Christian notions of universal charity). A materialist approach however demands that we address at least the following issues: i) the dynamics of global capitalism and its ramifications for the emancipation of the world working class; ii) the relationship between this capitalist dynamics and changing moralities; iii) the fear of slightly ‘privileged’ workers for deteriorating living conditions; and iv) the necessary conditions for organizing countervailing power and a radical counter-culture. The issue is as important as it is complex; its analysis can only proceed step by step.

Speakers: Ulrich Brand (Vienna), Markus Wissen (Berlin), John Smith (Sheffield). Ben Selwyn (Brighton). Conference chair: Marcel van der Linden (IISG).
Due the civid19 precautions, live attendance will be limited. The speakers will be requested to provide a draft text prior to the workshop, in order to foster the discussion. After the workshop which will be captured on video, the speakers will be requested to provide final documents including addressing the issues put forward by the commentators and others. Together the documents will be collected in a workshop report, to be published on the website of SOC21.

Registration (real life or webinar)

Please register using the button on this page. There will be no registration fee but the capacity is very limited. We will ask a voluntary donation of € 20 for the lunch and other costs. When exceeding the capacity we will invite you for the webinar. You can also indicate WEB on registration if you want to attend via the webinar only. The conference will be aired as Webinar as well as Life Stream See: https://soc21.nl/alle-activiteiten/conference-on-international-solidarity-and-relational-inequality/ for programme, documentation and registration.

INET/YSI Webinar on “Sustainable Finance for Economic Development” (online, Sept 2020)

10 September 2020, 17:00 | online

The Young Scholar Initiative of The Intistute on New Economic Thinking presents a Workshop on Sustainable Finance. Sustainable and Development Finance is a global mega-trend. Terms like Sustainable Development Goals (SDGs), ESG investing, Social and Green Bonds, Impact Investing and Ethical Banking are more and more present in the global financial narrative and represent a new approach to finance, a kind of "new financial thinking". This new way of rethinking finance is based on a "three dimension" approach to asset management. Traditional portfolio allocation theory notably considers risk and return as variables, this new kind of finance adds a third variable to the model: non-financial return (ESG criteria, social and/or environmental impact).

Considering Development Economics, it is not possible today to ignore Sustainable and Development Finance as a tool to boost growth in both developed and developing countries. We can discuss what Growth means and which kind of Growth is desired in each specific contest, but we cannot ignore the effects that this new way to embrace investment management is having on world economic growth.

Having this in mind, we decided to bring to the INET/YSI network a webinar series to explore Sustainable and Development Finance and its Best Practices.
In order to do it we will host speakers directly from the industry: multilateral organizations, asset managers, finance professionals and representative of the sector as well as development economics professionals will interact to each other to pitcture what Sustainable and Development Finance is, who are the players in the industry, what are the different practices, what are the role of public and private sector within it, what is non-financial return and how to measure it, how the business model of development multilateral institutions changed in last decades.

The goal of this webinar is to picture the main framework of Sustainable Finance and how it impacts world economic development.

We will host three speaker from the industry (Victor Van Hoorn, Adriana Balducci and Martin Rohner) to represent and introduce three best practices in Sustainable Finance for Economic Development: ESG/SRI Investing, Impact Investing and Ethical Banking. To participate join via this link.

Poznan Conference on Kalecki and Kaleckian Economics (online, Sept 2020)

24 - 26 September 2020 | online

This 3-day virtual conference is scheduled for September 24-26, 2020 and is organized by Louis-Philippe Rochon, Marcin Czhor and Gracjan Bachurewicz and sponsored by the Review of Political Economy, Wydawnictwo Ekonomiczne Heterodox, Fundacja Lipińskiego, and the Association for Social Economics.

Details about how to register and attend the conference are available on the conference website. For additional information, please contact Louis-Philippe Rochon at lprochon@laurentian.ca. Please register if possible with your university email account here. Participation in the conference is free of charge. All times in New York time.

Conference Programm:

9h00 – 9h15: Welcome: Louis-Philippe Rochon (Laurentian University; Co-editor, Review of Political Economy)

9h15-9h30: A few words from the Lipinski Foundation: Gracjan R. Bachurewicz (Lipinski Foundation and University of Warsaw)

9h30 – 10h30: Chair: Christine Ngo (Bucknell University): Remembering Kalecki: Jerzy Osiatynski (Institute of Economics, Polish Academy of Science)

10h45 – 12h15: Chair: Sylvio Kappes (Federal University of Rio Grande do Sul): Was Kalecki a Marxist?: Peter Kriesler (University of NSW, Australia) and Joseph Halevi (International University College of Turin, Italy)

13h00 – 14h30: Chair: Leanne Usher (Bard College): Kalecki and Cambridge: Maria Cristina Marcuzzo (University of Rome – La Sapienza, Italy)

14h45 – 16h00: Chair: Ilhan Dögüs (Independent economist): Kalecki as a Behavioural economist in the 21st Century: Jerry Courvisanos (Federation University Australia, Australia)

9h00 – 10h30: Chair: Lidia Brochier (Institute of Economics, Federal University of Rio de Janeiro): The Basic Kaleckian Model: Robert Blecker (American University, US)

10h45 – 12h15: Chair: Aleksandr V. Gevorkyan (St. John’s University): Kalecki and the Case Against Austerity: Malcolm Sawyer (University of Leeds, UK)

13h00 – 14h30: Chair: Paul Alexander Carrillo Maldonado (FLACSO): The Eurozone in Crisis – A Kaleckian Macroeconomic Regime and Policy Perspective: Eckhard Hein (Berlin School of Economics and Law, Germany)

14h45 – 16h15: Chair: Gracjan R. Bachurewicz (Lipinski Foundation and University of Warsaw): Kalecki, the Fiscal Deficit and Debt Management: Jan Toporowski (SOAS – University of London, UK)

9h00 – 10h30: Chair: Melanie Long (The College of Wooster): Kalecki’s Challenge to Economic Analysis: Rethinking the Macro-Micro Distinction: Hanna Szymborska (Birmingham City Business School, UK)

10h45 – 11h30: Chair: Pablo Bortz (National University of San Martín and CONICET): Reforming Capitalist Democracies: Which Way?: Amit Bhaduri (Professor emeritus JNU, New Delhi, India)

12h30 – 14h00: Chair: Maria Cristina Barbieri Góes (Roma 3 University): Overhead Labour Costs in a neo-Kaleckian Growth Model with Autonomous Non-Capacity creating expenditures: Marc Lavoie (Professor Emeritus, University of Ottawa and University of Paris Sorbonne)

14h15 – 15h45: Chair: Daniel von Ahlen (Kiel University): The Relevance of Kalecki in Financial Capitalism of the 2020’s: Jerzy Osiatynski (Institute of Economics, Polish Academy of Science)

15h45: Closing remarks: Louis-Philippe Rochon, Marcin Czachor, Gracjan Bachurewicz

Webinar “World Risk and Adaptation Futures – Social Protection” Summer Academy 2020 (online, Sept 2020)

The “World Risk and Adaptation Futures – Social Protection” Summer Academy 2020 is being jointly organized by United Nations University’s Institute for Environment and Human Security (UNU-EHS), Munich Re Foundation (MRF) in collaboration with UN Climate Change. The Ludwig Maximilians University Munich (LMU) in Germany and Munich Climate Insurance Initiative (MCII) are associate partners for the 2020 summer academy. Starting with the question “What do decision makers in policy and practice need to know about risk and adaptation futures?”, each partner contributes to the unique environment of the summer academy to generate science and knowledge contributions that feed back into policy and practice.

A leading global challenge today centers on the capacity to make appropriate decisions that will navigate countries and communities towards a safe, sustainable future. Uncertainty about future risk trends plays a central role in whether or not policy makers and practitioners can make decisions that help society adapt to climate risks and capture the opportunities ahead. This is especially true in highly dynamic developing countries and emerging economies. Among others, social protection is of key importance in shaping human vulnerability towards floods, droughts, storms and other hazards. It includes important elements such as health insurance, cash transfer assistance, disability benefits and food assistance programmes.

All of these are of key relevance in mitigating vulnerability and buffering the effects of future climatic hazards. At the same time, social protection is undergoing massive transformations in many countries, mostly with uncertain outcomes and unclear effects on vulnerability and exposure to the climate change. Assessing plausible scenarios of future trajectories in social protection – and especially its breadth and depth – is therefore of great urgency.

Spread over the month of September, 2020, they address the following three key issues:

• Socio-economic consequences of climate change and its implication for social protection
• Social protection mechanisms for climate change adaptation, including risk sharing and transfer
• Governance of social protection from the climate change perspective

The events are open to the public. Please register here. You will be sent an email with access information. For futher information and registration visit the official website.

Job Postings

Dublin City University, Ireland

Job title: 3 fully funded PhD positions

In the frame of the MSCA-ETN: MARKETS: Mapping Uncertainties, Challenges and Future Opportunities of Emerging Markets: Informal Barriers, Business Environments and Future Trends in Eastern Europe, The Caucasus and Central Asia, the Dublin City University offers 3 fully funded PhD positions with no nationality limitations (anyone can apply), with start in January 2021.

Dublin City University has been awarded a €3.9m grant from the European Union to fund a European Training Network entitled MARKETS - a world-leading politics, business and policy oriented PhD programme which will equip 15 fellows, across a range of 9 international partners (University of Bremen, University of Helsinki, Catholic University Leuven, University College London, Maastricht University, Stockholm School of Economics in Riga, Tallinn University of Technology and the Center for Social Sciences in Tbilisi). with theoretical knowledge, analytical skills and complementary training to understand and deal with emerging markets in the Eastern Europe, Caucasus and Central Asia regions.

Three positions will be based in Dublin City University. European Training Networks are among the best supported PhD programmes in the world. Successful fellows will receive a salary for three years, at the EU early Stage Researcher rate – substantially above the level of PhD scholarships in most countries. Subject to satisfactory progress a national level scholarship may be available in year 4. Fellows will also benefit from international summer schools, international mentors in universities and non-university partners and funding for tuition fees, field research, conference travel, language classes etc. If required a standard PhD scholarship will be available in year The 15 Fellows and the supervisors meet up for joint workshops approximately every six months – ensuring that fellows graduate not only with a PhD but with a well established international network.

Students will conduct their PhD research on one of the topics listed below.

The overall goal of the project is to compare countries that had fully opened to foreign investors by the early 2000s – Estonia, Latvia (now EU members), Georgia (considered by many as an example of best practice in reforms), and Kyrgyzstan (where markets are stable but no major economic leap is expected in the next immediate future) – with what have been identified as significant prospective post-USSR markets for the next ten years -Belarus, Kazakhstan, Uzbekistan (all of which have shown a more concrete desire for economic dialogue in the past three years), Russia (its eastern region and, in particular, Siberia, which has remained largely unexplored by EU companies), and Azerbaijan, a country that has finally started interacting in more concrete terms with the EU.

PhD1: Entrepreneurs, investments and risk. Understanding and accepting compliance (and non-compliance) from the managers’ perspective.

Focus: Explore the construction of ideas of business ethics and/ or risk in professional formation, with a focus on professional training of civil servants and entrepreneurs in the course of their studies and later CPD: collect new data on informal practices in higher education; contribute to policy debates surrounding the sector.

PhD2: Connections, social solidarity and trust networks from a gender perspective (with a focus on micro level economic activity)

Focus: Explore how gender shapes the creation of informal practices to different degrees in different sectors of society and economy; collect new data on the gendered nature of practice in politics, policy or business; analysis of the gendered nature of development and policy decisions

PhD3: Informality and social trust in and beyond crisis situations

Explore the creation of social solidarity structures and how these come to replace the state in some of its traditional roles (welfare, unemployment support); collect new data on local practices in case study areas; explore how (or if) state governance interact with existing grassroots dynamics

Practical details

Financial conditions (including salary levels) and background documents are available here.

Your salary will be calculated according to MSCA rules and your personal + family situation. More information can be found at the financial section of the MSCA ITN guide for applicants that you can find in section 5 (Financial Aspects) of the document. If selected, you will be expected to familiarise yourself with these rules also to be aware of your formal rights and obligations towards the donor.

Eligibility: applicants must hold a degree enabling them to enroll into doctoral studies by December 2020 (usually a MA or MSc). They cannot have more than 4 years full time research experience (or hold a doctorate already, even if they worked less than 4 years to complete it) at the time of recruitment.

Mobility requirement: applicants can be of any nationality but cannot have been resident (or have had their main activity i.e. work or study) in the Republic of Ireland for more than 12 of the 36 months prior to recruitment. This means that if you spent less than 12 months in Ireland (including if you have never been to Ireland) you are eligible.

NB: this is a very intensive programme. Each selected candidate will be enrolled into a PhD programme, and will be seconded to the target region for data collection and will subsequently be seconded to a non-academic partner to gain a hands-on work experience on how research skills can be used beyond academia for the benefit of the governmental, private or international development sector. There will also be workshops of 4 to 5 days duration approximately every 6 months at which attendance is essential. Therefore a willingness and ability to undertake these international mobilities is a core requirement.

Any informal enquiries about research topics or the process (that are not already addressed in this call or in the MSCA guide for applicants, see link above), should be addressed to Dr Abel Polese, Project Coordinator abel.polese@dcu.ie

Applications should be emailed to Dr Abel Polese at the email address above and must include:

Please send all the documents together in one PDF file and use, as subject of your message, “MARKETS-ETN-2020 Application”. Failure to do this might result in your application ending up in the wrong folder. For more details please visit the offical website.

Deadline 25 September 2020, 5pm (Irish time)

Duke Kunshan University, China

Job title: tenured/tenure track position in economic history

The successful candidate will need to teach a number of electives, in addition to helping out in ECON 101 and other courses in the main ECON sequence with which he or she is comfortable. The electives currently on the books focus on economic history (e.g., the history of economic crises), rather than the history of economic thought. Yet because these courses are electives, we can revise them to suit the candidate and the strategic goals of the major. My impression is that regardless of subfield, the optimal candidate is likely to be theoretically-inclined, but diverse enough to teach courses that would knit together our strands in political economy, political science, and economics. Thus, an historian of economic thought with narrow teaching interests might not be the best fit, but a candidate of diverse talents and interest whose research area was the history of economic thought would be competitive. So, too, would a theoretically-capable economic historian be competitive. Duke Kunshan University (DKU) invites applications to a regular rank, tenure-track position in economic history to begin in the academic year 2021-2022 or 2022-2023. This position is open with regard to rank and we welcome tenured and tenure-track candidates. Candidates must possess a Ph.D. in Economics. Mid-career and senior faculty are especially encouraged to apply. In addition to a standard introductory economics course, the successful candidate will teach elective courses in economic history from U.S. and non-U.S. perspectives. Successful candidates will articulate how they might contribute to DKU’s Interdisciplinary Curriculum. This position is open with regard to rank, and we welcome tenured and tenure-track candidates. Mid-career and senior faculty are especially encouraged to apply.

As an international intellectual community that encourages diversity, openness and creative learning, DKU welcomes outstanding faculty from around the world who contribute diverse perspectives and experiences to a global learning and research environment. DKU particularly welcomes applications from underrepresented groups and minorities.

Duke Kunshan University (DKU) is a collaborative partnership of Duke University, Wuhan University and the Municipality of Kunshan, China (https://dukekunshan.edu.cn). Faculty teach and conduct research in interdisciplinary clusters without traditional departmental silos. Students are active participants in a distinctive and integrated liberal arts and sciences experience.

A highly selective institution with an acceptance rate of <8%, the current student body represents over 50 countries. Students receive a DKU and a Duke degree. The undergraduate student body will number 2000 students. DKU values research excellence and a commitment to pedagogical innovation in the context of an interdisciplinary research-oriented undergraduate curriculum. The current faculty to student ratio is 7:1.

The DKU campus is 37 miles west of Shanghai in Kunshan, and is connected to Shanghai via an 18-minute high-speed train. Phase 2 of the LEED certified campus is already under construction, and will provide expanded access to superior research facilities. DKU provides internationally competitive compensation, housing allowance, child education benefits (for applicable faculty positions), and a discretionary fund or start-up package.

In order to meet Chinese visa requirements, prior to the position start date international (non-Chinese) candidates must 1) have worked full-time (work experience obtained while studying full-time is not considered as full-time work experience) for at least two years in a relevant area (including post-doctoral work) after receiving their Bachelor’s degree, or 2) begin their appointment at DKU within 12 months of obtaining their Ph.D. and without having full-time work experience between graduation date on their Ph.D. diploma and position start date.

Candidates must hold a Ph.D. degree or equivalent in an appropriate field. Applicants should provide a cover letter including a clear statement of the candidate’s specific interest in DKU, a curriculum vitae, a research statement, and a teaching statement, as well as three reference letters. All materials should be submitted through Academic Jobs Online: https://academicjobsonline.org/ajo/jobs/16741. The search committee also invites and encourages letters of nomination for potential candidates. Nominations and questions about the positions may be sent to social-science-search@dukekunshan.edu.cn using “Economic History” as the subject line. Priority will be given to applications received by October 15, 2020; we will accept applications until the positions are filled

Application Materials Required:

Submit the following items online at this website to complete your application:

Please find more information here.

Application Deadline: 15 October 2020

Rethinking Economics, UK

job title: 2x Trustees ("financial" and "students organisation")

Rethinking Economics (RE) is an international network of students, academics and professionals building better economics in society and the classroom. Our vision is of economies which serve people and the planet. Our purpose is to build a diverse movement of people who challenge, interrogate and renew the practice, teaching and application of economics.

RE started as a student movement in 2012 and has since grown to become a registered UK charity (Charity no. 1158972) with a six-person staff team based in Manchester. Through a mixture of campaigning, events and projects, we support more than 100 student groups in 25 countries across the world, alongside thousands of supportive members of the public, to reform the university economics curriculum to make it more pluralist, critical and applicable to the real world. Over the next year we will be releasing a book on the lack of diversity in economics and working with our partners to grow the diversifying and decolonising economics movement.

Just a few of our highlights include featuring in the film Boom Bust Boom (now on Netflix), publishing 'The Econocracy', a book outlining our vision for economics, publishing a pluralist economics textbook 'The Rethinking Reader' with Routledge and organising the Festival of New Economic Thinking in Edinburgh in 2017 along with INET's Young Scholars Initiative and Netzwerk Plurale Ökonomik. Across the world we have held conferences that have brought together students, academics and the general public including the Rethinking Economics for Africa group who have delivered two excellent festivals of economics. Even with the current pandemic, we have successfully moved much of our organising online with a festival in July 2020 that gathered thousands of rethinkers together from all over the world and our videos were watched over 5,000 times across the festival by the attendees.

Our campaigning has achieved change. The University of Cambridge has introduced a new module on the history of economic thought and philosophy of economics, and other universities including Greenwich, Goldsmiths and Kingston have gone even further, fully reforming their curricula and introducing new degree programmes. Many universities and institutions, no longer debate ‘if’ we should change economics but ‘how’. We are frequently invited to input into discussions within campaigning circles but also in institutions like the Organisation of Economic Cooperation and Development and the Bank of England.

We’ve achieved a lot as a young movement and we know that there is much more to do. We are looking for new trustees who can bring financial and organising expertise to our board. It is essential that applicants can demonstrate substantial charity or small business finance or student organising or movement building experience (please see requirements below).

Whilst we remain a student-powered network, our board of trustees retain ultimate legal responsibility for all aspects of the charity and therefore must ensure all our activities further RE’s charitable purpose and retain effective oversight and scrutiny. Becoming a RE Trustee is an exciting opportunity to provide guidance, support and oversight to an international student movement and ensure that its work is sustainable and effective in the future.

To serve on the board you must be able to attend quarterly trustee meetings (either in person or by video-conferencing, meetings alternate between London and Manchester), read detailed papers and policy documents, act as a personal mentor to a member of staff and serve on a board subcommittee. Roles are non-remunerated and require 1-2 days commitment a month. Please note that this role is unpaid but all expenses e.g. travel, will be reimbursed in line with our Expenses Policy.

Statutory Duties

We are looking for people who have:


This role would work closely with the Co-Director and Operations and Finance Coordinator to review and monitor RE’s financial performance and prepare accounts.




Student Organising/Movement Building

This role would work closely with the Co-Directors to build out RE’s network, using the most inclusive organising and movement building strategy. We are looking to improve our practice in terms of challenging systemic racism and colonialism in the economics discipline and especially welcome applicants with experience/interest in this area

Responsibilities: Work closely with the Co-Directors on RE’s strategy and the implementation of that strategy to maximise the number of students joining the movement.



Rethinking Economics is committed to providing equal opportunities for everyone regardless of their background. We acknowledge that people from certain backgrounds are under-represented in progressive movements and we’re committed to doing what we can to correct this. We are also looking to improve our practice in terms of challenging systemic racism and colonialism in the economics discipline and especially welcome applicants with experience/interest in this area.

We are particularly keen to receive applications from Black, Asian and minority ethnic people; people with disabilities; people who identify as being LGTBQIA; people who have a mental health condition; and people who identify as working class or have done so in the past.

How to apply

To apply please send a CV and cover letter to recruitment@rethinkeconomics.org with the headline ‘Trustee application’ and either of ‘financial’ or ‘student organising’. Applications should be made before midnight on Sunday 27th September 2020. Please mention how you meet the specified criteria and explain briefly how you can demonstrate the qualities outlined above. Interviews will be held in London or Manchester or via video conference w/c 5th October 2020.

Application Deadline: 27 September 2020

Standards Council of Canada, Canada

Job title: Program Manager, Research

The Standards Council of Canada (SCC) is a federal Crown corporation with the mandate to promote efficient and effective standardization in Canada. Located in Ottawa, SCC has a Governing Council comprised of up to 13 members and a staff of approximately 130. The organization reports to Parliament through Innovation, Science and Economic Development Canada and oversees Canada's standardization network.

Reporting to the Manager, Research, the Program Manager, Research, conducts research on the economic and social value of standardization. This position plays a pivotal role in supporting the branches and organization to meet its varied business and program needs. The Program Manager works as part of the broader Research Team and; therefore, works in conjunction with the other team members (including those from other branches) to provide research expertise to support the organization’s ability to deliver on the corporate plan.

Key Activities






Personal suitability

Here is the link with all the details.

Application Deadline: 11 September 2020


Winner's Announcement: 2020 Elinor Ostrom Prize

The following prize was announced on 7 August 2020, on the occasion of the birthday of the late Elinor Ostrom:

2020 Elinor Ostrom Prize

The annual Elinor Ostrom Prize competition of £1000 is awarded to the best paper published in the Journal of Institutional Economics in the preceding year. The prize is financed by Millennium Economics Ltd, the owner of the journal. The jury for the 2020 Elinor Ostrom Prize competition was: Elodie Bertrand, Christopher Coyne, David Dequech and Thrainn Eggertsson. The winners of the 2020 Elinor Ostrom Prize are:

Winner's Announcement: 2020 JOIE Reviewers of the Year Award

2020 JOIE Reviewers of the Year Award

The five editors of the Journal of Institutional Economics make an annual award of £400 each for the best two referees serving the journal in the preceding year. This is a small token of appreciation of the tremendous work put in by many reviewers to maintain the high quality of the journal. The prize is financed by Millennium Economics Ltd, the owner of the journal. The Journal of Institutional Economics editors who made the decision were: Geoffrey Hodgson, Richard Langlois, Jason Potts, Esther-Mirjam Sent and Claudia Williamson.

The two JOIE Reviewers of the Year are:


Cambridge Journal of Economics 44 (5)

Paul Lewis; Mário Graça Moura; Jochen Runde: Ontology and the history of economic thought: an introduction

Diogo Lourenço; Mário Graça Moura: Tony Lawson and the history of economic thought

Roberto Lampa; Martín Abeles: From ontological orientation to axiomatic habitus? An historical reappraisal of contemporary political economy from a Marxian angle

Giovanni Bonifati: Towards a critical ontology of socio-economic transformation processes: Marx’s contribution

Stavros Tombazos: Capital as ‘abstraction in action’ and economic rhythms in Marx

Anthony M Endres; David A Harper: Capital in the history of economic thought: charting the ontological underworld

Toru Yamamori: The intersubjective ontology of need in Carl Menger

Nuno Ornelas Martins: Reconsidering the notions of process, order and stability in Veblen

Stephen Pratten: Social positioning and Commons’s monetary theorising

Paul Lewis; Malte Dold: James Buchanan on the nature of choice: ontology, artifactual man and the constitutional moment in political economy

Capitalism, Nature, Socialism 31 (3)

The Editors: Support for Black Lives Matter and the Uprisings in the US

Leigh Brownhill: The Emancipatory Politics of Anti-Racism

Michael Löwy :XIII Theses on The Imminent (Ecological) Catastrophe and the (Revolutionary) Means of Conjuring It

Jessie Speer & Eric Goldfischer: The City Is not Innocent: Homelessness and the Value of Urban Parks

Helena Feder : Contradiction Is Not Disappointing: An Interview with Michael Hardt

Zhun Xu: Farm Size, Capitalism, and Overuse of Agricultural Chemicals in China

Seán Shanagher & Pat Brereton: Pilgrim Hill: Alienated Farmers and Degraded Ecologies

Eliot Tretter :Producing Alberta’s Tar Sands: Oil, Ideas, Rents, and New Enclosures

Martín Arboleda :From Spaces to Circuits of Extraction: Value in Process and the Mine/City Nexus

Hari Alluri : Attend: Incantation to Reach Into the Same Food and Share with Many Hands

In Memoriam: Raised Fists for Salvatore Ricciardi, Indefatigable Revolutionary and Prison Abolitionist

Ecological Economics 177

William H. Desvousges, Kristy E. Mathews, Kenneth E. Train: Reply to Whitehead

John C. Whitehead: A comment on Desvousges et al. (Land Economics 2015): “An adding up test on contingent valuations of river and lake quality”

Gabriel Lopez Porras, Lindsay C. Stringer, Claire H. Quinn: Building dryland resilience: Three principles to support adaptive water governance

Gang Lu, Runsheng Yin: Evaluating the Evaluated Socioeconomic Impacts of China's Sloping Land Conversion Program

Sarah Hafner, Annela Anger-Kraavi, Irene Monasterolo, Aled Jones: Emergence of New Economics Energy Transition Models: A Review

David R. Crook, Brian E. Robinson, Ping Li: The Impact of Snowstorms, Droughts and Locust Outbreaks on Livestock Production in Inner Mongolia: Anticipation and Adaptation to Environmental Shocks

Rebecca K.M. Clube, Mike Tennant: The Circular Economy and human needs satisfaction: Promising the radical, delivering the familiar

Joshua M. Duke, Hongxing Liu, Tyler Monteith, Joshua McGrath, Nicole M. Fiorellino: A method for predicting participation in a performance-based water quality trading program

Benjamin Ouvrard, Jens Abildtrup, Anne Stenger: Nudging Acceptability for Wood Ash Recycling in Forests: A Choice Experiment

Osei-Owusu Kwame Albert, Thomsen Marianne, Lindahl Jonathan, Javakhishvili Larsen Nino, Caro Dario: Tracking the carbon emissions of Denmark's five regions from a producer and consumer perspective

Markus Hametner, Mariia Kostetckaia: Frontrunners and laggards: How fast are the EU member states progressing towards the sustainable development goals?

Brittney K. Goodrich, Rachael E. Goodhue: Are All Colonies Created Equal? The Role of Honey Bee Colony Strength in Almond Pollination Contracts

Ziming Liu, Lu Yu: Stay or Leave? The Role of Air Pollution in Urban Migration Choices

Solomon Asfaw, Giacomo Pallante, Alessandro Palma: Distributional impacts of soil erosion on agricultural productivity and welfare in Malawi

Ram Ranjan: Protecting warming lakes through climate-adaptive PES mechanisms

Ludovic Bequet: Biotech Crops, Input Use and Landslides Case Study of Herbicide Tolerant Corn in the Philippine Highlands

Lorenzo Cicatiello, Salvatore Ercolano, Giuseppe Lucio Gaeta, Mauro Pinto: Willingness to pay for environmental protection and the importance of pollutant industries in the regional economy. Evidence from Italy

Kirsten L.L. Oleson, Kenneth J. Bagstad, Carlo Fezzi, Megan D. Barnes, Mary K. Donovan, Kim A. Falinski, Kelvin D. Gorospe, Hla Htun, Joey Lecky, Ferdinando Villa, Tamara M. Wong: Linking Land and Sea Through an Ecological-Economic Model of Coral Reef Recreation

Tim Jackson, Peter A. Victor: The Transition to a Sustainable Prosperity-A Stock-Flow-Consistent Ecological Macroeconomic Model for Canada

Paul Hindsley, David M. McEvoy, O. Ashton Morgan: Consumer Demand for Ethical Products and the Role of Cultural Worldviews: The Case of Direct-Trade Coffee

Hideki Shimada: Do monetary rewards for spatial coordination enhance participation in a forest incentive program?

Habtamu Tilahun Kassahun, Jette Bredahl Jacobsen, Charles F. Nicholson: Revisiting money and labor for valuing environmental goods and services in developing countries

Felix Creutzig: Limits to Liberalism: Considerations for the Anthropocene

Andrew Buckwell, Christopher Fleming, Maggie Muurmans, James C.R. Smart, Dan Ware, Brendan Mackey: Revealing the dominant discourses of stakeholders towards natural resource management in Port Resolution, Vanuatu, using Q-method

Valentina Palermo, Yeray Hernandez: Group discussions on how to implement a participatory process in climate adaptation planning: a case study in Malaysia

Heinz Welsch: Corrigendum to Moral Foundations and Voluntary Public Good Provision: The Case of Climate Change Volume 175, September 2020, 106696

Catarina C. Jakovac, Agnieszka Ewa Latawiec, Eduardo Lacerda, Isabella Leite Lucas, Katarzyna Anna Korys, Alvaro Iribarrem, Gustavo Abreu Malaguti, R. Kerry Turner, Tiziana Luisetti, Bernardo Baeta Neves Strassburg: Corrigendum to costs and carbon benefits of mangrove conservation and restoration: a global analysis

Sara Moreira, Mayo Fuster Morell: Food Networks As Urban Commons: Case Study of a Portuguese “Prosumers” Group

Benjamin Cashore, Iben Nathan: Can finance and market driven (FMD) interventions make “weak states” stronger? Lessons from the good governance norm complex in Cambodia

Economy and Society 49 (3)

Ute Tellmann: Beyond performativity: Material futures of finance

Luke A. Heslop: A journey through ‘infraspace’: The financial architecture of infrastructure

Photis Lysandrou & Yorgos Stassinopoulos: Resisting the gravitational pull of the dollar: The economic rationale behind a large Eurozone

Tom Goodfellow & Olly Owen: Thick claims and thin rights: Taxation and the construction of analogue property rights in Lagos

Klaus Hoeyer & Sarah Wadmann: ‘Meaningless work’: How the datafication of health reconfigures knowledge about work and erodes professional judgement

Sandra Bärnreuther: Traders of gametes, brokers of values: Mediating commercial gamete donations in Delhi

Kevin Lewis O’Neill: Building trust, mobilizing security: The making and selling of armoured cars in Guatemala City

Evolutionary and Institutional Economics Review 17 (2)

Shigeyuki Hattori: Financialization in Japan

Makoto Nishibe: Special issue “New Possibility of Cryptocurrencies and Digital-Community Currencies”

Makoto Nishibe: The present and future of digital-community currencies: RAMICS 2019 in Hida–Takayama keynote speech

Masaaki Abe, Hitoshi Utsunomiya, Miyoshi Hirano: The community currency game “Online Shopping.com”: the prisoner’s dilemma and consumer behavior in a local economy

Federico José Camargo: The effectiveness of distributed ledger technology to replicate the entropic behavior of nature

Yuji Aruka: The evolution of the exchange process: from the decentralized to the distributed digital exchange

Maen Alaraj, Makoto Nishibe: Stimulate currency circulation in the currency community by creating a customized community

Dehua Shen: Special features on behavioral issues in cryptocurrencies

Yong Jiang, Gang-Jin Wang, Dan-Yan Wen, Xiao-guang Yang: Business conditions, uncertainty shocks and Bitcoin returns

Ha Nguyen, Bin Liu, Nirav Y. Parikh: Exploring the short-term momentum effect in the cryptocurrency market

Feminist Economics 26 (3)

Clifford Afoakwah , Xin Deng & Ilke Onur: Women’s Bargaining Power and Children’s Schooling Outcomes: Evidence From Ghana

Barbara Broadway , Guyonne Kalb , Duncan McVicar & Bill Martin: The Impact of Paid Parental Leave on Labor Supply and Employment Outcomes in Australia

E. K. Sarter: The Development and Implementation of Gender Equality Considerations in Public Procurement in Germany

Hanol Lee & Dainn Wie: Legal Entitlement And Empowerment Of Marriage Immigrants In Korea

Dina Najjar , Bipasha Baruah & Aman El Garhi: Gender and Asset Ownership in the Old and New Lands of Egypt

Cheryl Doss , Caitlin Kieran & Talip Kilic: Measuring Ownership, Control, and Use of Assets

Greg Seymour , Hazel Malapit & Agnes Quisumbing: Measuring Time Use in Developing Country Agriculture: Evidence from Bangladesh and Uganda

Aletheia Donald , Gayatri Koolwal , Jeannie Annan , Kathryn Falb & Markus Goldstein: Measuring Women’s Agency

Forum for Social Economics 49 (3)

Paolo Ramazzotti: Introduction

Featured article: Luiz Carlos Bresser-Pereira: Financing COVID-19, Inflation and the Fiscal Constraint

Eric A. Schutz: Planetary Eco-Collapse and Capitalism: A Contemporary Marxist Perspective

Jon D. Wisman: Marx, the Predisposition to Reject Markets and Private Property, and Attractive Alternatives to Capitalism

Katia Caldari: From “Planning” to “Programming”: A Lost Opportunity for the European Project?

Farah Naz: Understanding Human Well-being: How could Sen’s Capability Approach Contribute?

Journal of Economic Issues 54 (3)

Karol Gil-Vasquez: A Regional Great Transformation: U.S. Contractualization of Citizenship and Crimmigration Regime

Thomas Palley: Re-Theorizing the Welfare State and the Political Economy of Neoliberalism’s Campaign Against It

Helena Lopes: Taking Authority Seriously—Institutional Implications

Charles J. Whalen & Katherine A. Whalen: Circular Economy Business Models: A Critical Examination

Thomas E. Lambert: Monopoly Capital and Management: Too Many Bosses and Too Much Pay?

Naoise McDonagh: Is Capitalism Ending? An Institutional-Evolutionary View

Avraham Izhar Baranes: Intangible Assets and the Financialized Business Enterprise: A Veblen-Commons Approach

Theofanis Papageorgiou, Panayotis G. Michaelides & Dieter Bögenhold: Veblen and Bourdieu on Social Reality and Order: Individuals and Institutions

Monique Reid, Zinette Bergman, Stan Du Plessis, Manfred Max Bergman & Pierre Siklos: Inflation and Monetary Policy: What South African Newspapers Report in an Era of Policy Transparency

Slawomir Czech & Anna Zachorowska-Mazurkiewicz: Institutional Approach to Gender Bias in Old Age Security Systems: Comparative Analysis of Swedish and Polish Pension Reforms

Pablo Aguirre & José Antonio Alonso: What Makes Capital Account Regulation Effective? Comparing the Experiences of Brazil, Peru, and Iceland

Yong Liu, Xiaolan Chen & Dayong Liu: How Does Urban Spatial Structure Affect Economic Growth? Evidence from Landsat Data in China

Dic Lo: State-Owned Enterprises in Chinese Economic Transformation: Institutional Functionality and Credibility in Alternative Perspectives

Zengping He & Genliang Jia: An Institutional Analysis of China’s Reform of their Monetary Policy Framework

Luiz Fernando de Paula & Elias Jabbour: The Chinese Catching-Up: A Developmentalist Approach

Jon D. Wisman & Quentin Duroy: The Proletarianization of the Professoriate and the Threat to Free Expression, Creativity, and Economic Dynamism

Journal of Economic Methodology 27 (3)

Judith Favereau & Michiru Nagatsu: Holding back from theory: limits and methodological alternatives of randomized field experiments in development economics

John R. Welch: When Econs are human

Noriaki Okamoto: Collectively accepted social norms and performativity: the pursuit of normativity of globalization in economic institutions

George Chorafakis: Emergence versus neoclassical reductions in economics

Tobias Henschen: Response to ‘Response to Henschen: causal pluralism in macroeconomics’

Mariusz Maziarz & Robert Mróz: A rejoinder to Henschen: the issue of VAR and DSGE models

Journal of Institutional Economics 16 (5)

David Gindis: Conceptualizing the business corporation: insights from history

Samuel F. Mansell, Alejo José G. Sison: Medieval corporations, membership and the common good: rethinking the critique of shareholder primacy

David Gindis: Ernst Freund as precursor of the rational study of corporate law

David Ciepley: The Anglo-American misconception of stockholders as ‘owners’ and ‘members’: its origins and consequences

Ron Harris: A new understanding of the history of limited liability: an invitation for theoretical reframing

Stefan Kesting, Ioana Negru, Paolo Silvestri: Institutional analysis and the gift: an introduction to the symposium

Dave Elder-Vass: Defining the gift

Mario Aldo Cedrini, Angela Ambrosino, Roberto Marchionatti, Alain Caillé: Mauss's The Gift, or the necessity of an institutional perspective in economics

Nathan P. Goodman, Roberta Q. Herzberg: Gifts as governance: Church Welfare and the Samaritan's dilemma

Keith Taylor, Nathan P. Goodman: The stakeholder-empowering philanthropy of Edward Filene

Marek Hudik, Eddy S. Fang: Money or in-kind gift? Evidence from red packets in China

Review of Behavioral Economics 7 (3)

Tank Prasad Neupane: Is Individualism Fatal in Pandemic?

Marc Oliver Rieger and Mei Wang: Secret Erosion of the “Lockdown”? Patterns in Daily Activities during the SARS-Cov2 Pandemics around the World

Klarizze Puzon and Marc Willinger: Can Common Ownership Prevent the Tragedy of the Commons? An Experimental Investigation

Julia R. Norgaard: Overcoming Anonymity: How Darknet Markets Provide Private Governance to Enable Encrypted and Anonymous Exchange

Review of Radical Political Economics 52 (3)

Ronaldo Munck, Lucia Pradella, and Tamar Diana Wilson: Introduction: Special Issue on Precarious and Informal Work

Ronaldo Munck: Work and Capitalist Globalization: Beyond Dualist Reason

Snehashish Bhattacharya and Surbhi Kesar: Precarity and Development: Production and Labor Processes in the Informal Economy in India

Iderley Colombini: Form and Essence of Precarization by Work: From Alienation to the Industrial Reserve Army at the Turn of the Twenty-First Century

Joseph Choonara: The Precarious Concept of Precarity

Joshua Greenstein: The Precariat Class Structure and Income Inequality among US Workers: 1980–2018

Tamar Diana Wilson: Precarization, Informalization, and Marx

Kimberly Christensen: The Social Structures of Accumulation and the Labor Movement: A Brief History and a Modest Proposal

Hao Qi and Zhongjin Li: Putting Precarity Back to Production: A Case Study of Didi Kuaiche Drivers in the City of Nanjing, China

Efe Can Gürcan and Berk Mete: Emerging Forms of Social-Union Organizing Under the New Conditions of Turkish Capitalism: A Class-Capacity Analysis

Randy Albelda, Aimee Bell-Pasht, and Charalampos Konstantinidis: Gender and Precarious Work in the United States: Evidence from the Contingent Work Supplement 1995–2017

Dominika Polkowska and Kamil Filipek: Grateful Precarious Worker? Ukrainian Migrants in Poland

Natalia Flores Garrido: Precarity From a Feminist Perspective: A Note on Three Elements for the Political Struggle

The Review of Austrian Economics 33 (3)

Rosolino A. Candela, Vincent J. Geloso: The Lighthouse Debate and the Dynamics of Interventionism

Paul Dragos Aligica, Richard E. Wagner: Economic coordination in environments with incomplete pricing

Ennio E. Piano, Louis Rouanet: Economic calculation and the organization of markets

Edward Peter Stringham, J. R. Clark: The crucial role of financial intermediaries for facilitating trade among strangers

Darcy W. E. Allen, Chris Berg, Aaron M. Lane, Jason Potts: Cryptodemocracy and its institutional possibilities

Peter Lewin: The microfoundations of the microfoundations of Austrian Business Cycle Theory

Eduard Braun: Capital as in capitalism, or capital as in capital goods, or both

The Review of Black Political Economy 47 (3)

Thomas Craemer, Trevor Smith, Brianna Harrison, Trevon Logan, Wesley Bellamy, and William Darity, Jr: Wealth Implications of Slavery and Racial Discrimination for African American Descendants of the Enslaved

John Komlos: Why African American Economists Should Abandon Mainstream Economic Theory ASAP

Nedra Baklouti and Younes Boujelbene: Shadow Economy, Corruption, and Economic Growth: An Empirical Analysis

Ebenezer Adesoji Olubiyi: Energy Consumption, Carbon Emission, and Well-Being in Africa

Books and Book Series

A Brief History of Commercial Capitalism

by Jairus Banaji | 2020, Haymarket Books

Spanning centuries and continents, this short work fundamentally reconfigures our view of the rise of capitalism on the world stage. The rise of capitalism to global dominance is still largely associated – by both laypeople and Marxist historians – with the industrial capitalism that made its decisive breakthrough in 18th century Britain. Jairus Banaji’s new work reaches back centuries and traverses vast distances to argue that this leap was preceded by a long era of distinct “commercial capitalism”, which reorganised labor and production on a world scale to a degree hitherto rarely appreciated.

Rather than a picture centred solely on Europe, we enter a diverse and vibrant world. Banaji reveals the cantons of Muslim merchants trading in Guangzhou since the eighth century, the 3,000 European traders recorded in Alexandria in 1216, the Genoese, Venetians and Spanish Jews battling for commercial dominance of Constantinople and later Istanbul. We are left with a rich and global portrait of a world constantly in motion, tied together and increasingly dominated by a pre-industrial capitalism. The rise of Europe to world domination, in this view, has nothing to do with any unique genius, but rather a distinct fusion of commercial capitalism with state power.

Please find a link to the book here.

Democratizing the Economic Debate: Pluralism and Research Evaluation

by Carlo D'Ippoliti | Routledge, 2020

More than a decade since the global financial crisis, economics does not exhibit signs of significant change. Mainstream economists act on an idealized image of science, which includes the convergence of all perspectives into a single supposed scientific truth. Democratizing the Economics Debate shows that this idealized image both provides an inadequate description of what science should be and misrepresents the recent past and current state of economics.

Economics has always been characterized by a plurality of competing perspectives and research paradigms, however, there is evidence of a worrying global involution in the last 40 years. Even as the production of economics publications has exploded, the economics debate is becoming less plural and increasingly hierarchical. Among several causes, the tendency to conformism has been exacerbated in recent years with the use of formal schemes of research quality evaluation. This book documents how such schemes now cover more than half of all economists worldwide and reviews the impact of biased methods of research evaluation on the stunting of levels of pluralism in economics.

The book will be of interest to anyone who worries for the state of the democratic debate. As experts who intervene in the public debate, economists must assure society that they are working in the best possible way, which includes fostering a wide and fair scientific debate. It is this test of social legitimacy that economics currently fails.

Please find a link to the book here.

Equitable Rural Socioeconomic Change: Land, Climate Dynamics, Technological Innovation

by Peter Jacobs | 2019, HSRC Press

More and more of global economic wealth and decision-making power rests with fewer and fewer people, while acute socio-economic inequities continue to afflict large rural communities in Africa, Latin America and Asia. Land inequalities remain a burning question for rural communities.

Equitable Rural Socioeconomic Change brings together original reflections on the intricacies of economic and social transformations that are unfolding in the rural areas of developing countries, and provides a fresh and authentic perspective. This compelling book revisits dominant but exhausted conceptions of rural livelihoods to expose their analytical flaws and thematic limitations. In this book, the interacting themes of land, climate dynamics and technological innovation are brought into a coherent whole through a re-examination of the lens of unequal ownership, control and use of a society’s productive means.

Equitable Rural Socioeconomic Change is the first multidimensional and integrated analysis of rural socio-economic change anchored around rising structural polarisation in the 21st century.

Please find a link to the book here (free download).

Revolutionary Feminisms: Conversations on Collective Action and Radical Thought

edited by Brenna Bhandar and Rafeef Ziadah | 2020, Verso Books

A unique book, tracing forty years of anti-racist feminist thought. In a moment of rising authoritarianism, climate crisis, and ever more exploitative forms of neoliberal capitalism, there is a compelling and urgent need for radical paradigms of thought and action. Through interviews with key revolutionary scholars, Bhandar and Ziadah present a thorough discussion of how anti-racist, anti-capitalist feminisms are crucial to building effective political coalitions. Collectively, these interviews with leading scholars including Angela Y. Davis, Silvia Federici, and many others, trace the ways in which black, indigenous, post-colonial and Marxian feminisms have created new ways of seeing, new theoretical frameworks for analysing political problems, and new ways of relating to one another. Focusing on migration, neo-imperial militarism, the state, the prison industrial complex, social reproduction and many other pressing themes, the range of feminisms traversed in this volume show how freedom requires revolutionary transformation in the organisation of the economy, social relations, political structures, and our psychic and symbolic worlds.

The interviews include Avtar Brah, Gail Lewis and Vron Ware on Diaspora, Migration and Empire. Himani Bannerji, Gary Kinsman, Leanne Betasamosake Simpson, and Silvia Federici on Colonialism, Capitalism, and Resistance. Ruth Wilson Gilmore, Avery F. Gordon and Angela Y. Davis on Abolition Feminism.

Please find a link to the book here.

The 2008 Crisis Ten Years On: in Retrospect, Context and Prospect

edited by Arturo Hermann and Maria Alejandra Madi | 2020, World Economic Association Books

“On the heels of a second crisis in just over a decade, this book could not be more timely. There are so many lessons to learn in order not to repeat the same mistakes. This book rises to the occasion. It brings together a list of stellar scholars that not only ask the burning questions about crises and financialisation, but offer insightful analysis and policy recommendations. This book is a must-read for every student in economics.”
– Louis Philippe Rochon, Laurentian University, Co-editor, Review of Political Economy, Founder, Review of Keynesian Economics.

“The book is based on a collection of papers presented at the World Economics Association in 2018 reconsidering the Great Financial Crisis from the perspective of ten years out. This is a much needed compendium of articles, unique in taking a global perspective. Scholars of the Great Financial Crisis, the world economy, and the impact on the poor and disenfranchised should find this collection interesting, important, and stimulating. Further, the essays offer a series of institutional changes necessary to avoid such an event happening again.”
– John Watkins, Westminster College, Utah and University of Utah, USA.

Please find a link to the book here.

The Political Economy of Central Banking in Emerging Economies

By Mustafa Yağcı | 2020, Routledge

Since the start of the Global Financial Crisis in 2008, research on central banking has gained momentum due to unusual levels of central bank activism and unconventional monetary policy measures in many countries. While these policies drew significant attention to advanced economy central banks, there has been much less academic focus on central banking in emerging economies. This book extends the research on the political economy of central banking by focusing on the emerging economies in Asia, Africa, Latin America, and the European periphery.

Central banks are at the heart of economic policymaking, and their decisions have a significant impact on the social and economic well-being of citizens. Adopting an interdisciplinary political economy perspective, the contributions in this book explore the reciprocal relations between politics, economics, and central banks, and how the global and domestic political economy contexts influence central bank practices. The chapters employ diverse theoretical perspectives such as institutional and organizational theory, developmental state resource dependency, and gender studies, drawing on disciplines ranging from politics, international relations, public policy, management, finance, and sociology.

This book will appeal to academics and students of central banking, political economy, and emerging economies, as well as professionals and policymakers engaged with central banks, monetary policy, and economic development.

Please find a link to the book here.

The Retreat of Liberal Democracy: Authoritarian Capitalism and the Accumulative State in Hungary

by Gábor Scheiring | 2020, Palgrave

This book is the product of three years of empirical research, four years in politics, and a lifetime in a country experiencing three different regimes. Transcending disciplinary boundaries, it provides a fresh answer to a simple yet profound question: why has liberal democracy retreated?

Scheiring argues that Hungary’s new hybrid authoritarian regime emerged as a political response to the tensions of globalisation. He demonstrates how Viktor Orbán’s Fidesz exploited the rising nationalism among the working-class casualties of deindustrialisation and the national bourgeoisie to consolidate illiberal hegemony.

As the world faces a new wave of autocratisation, Hungary’s lessons become relevant across the globe, and this book represents a significant contribution to understanding challenges to democracy. This work will be useful to students and researchers across political sociology, political science, economics and social anthropology, as well democracy advocates.

Please find a link to the book here.

The Routledge Handbook of the History of Women’s Economic Thought

edited by Kirsten Madden and Robert W. Dimand | 2019, New York: Routledge

The marginalization of women in economics has a history as long as the discipline itself. Throughout the history of economics, women contributed substantial novel ideas, methods of inquiry, and analytical insights, with much of this discounted, ignored, or shifted into alternative disciplines and writing outlets.

This handbook presents new and much-needed analytical research of women’s contributions in the history of economic thought, focusing primarily on the period from the 1770s into the beginning of the 21st century. Chapters address the institutional, sociological and historical factors that have influenced women economists’ thinking, and explore women’s contributions to economic analysis, method, policies and debates. Coverage is international, moving beyond Europe and the US into the Arab world, China, India, Japan, Latin America, Russia and the Soviet Union, and sub-Saharan Africa. This new global perspective adds depth as well as scope to our understanding of women’s contribution to the history of economic thought.

The book offers crucial new insights into previously underexplored work by women in the history of economic thought, and will prove to be a seminal volume with relevance beyond that field, into women’s studies, sociology, and history.

Please find a link to the book here.

Turkey's New State in the Making: Transformations in Legality, Economy and Coercion

by Pinar Bedirhanoglu, Caglar Dolek, Funda Hulagu and Ozlem Kaygusuz | 2020, Zed Books

Since the Gezi uprisings in June 2013 and AKP’s temporary loss of parliamentary supremacy after the June 2015 general elections, sharp political clashes, ascending police operations, extra-judicial executions, suppression of the media and political opposition, systematic violation of the constitution and fundamental human rights, and the one-man-rule of President Erdoğan have become the identifying characteristics of Turkish politics. The failed coup attempt on 15th July 2016 further impaired the situation as the government declared emergency rule at the end of which a political regime defined as the “Presidential Government System” was established in July 2018.

Turkey’s New State in the Making examines the historical specificities of the ongoing AKP-led radical state transformation in Turkey within a global, legal, financial, ideological, and coercive neoliberal context. Arguing that rather than being an exception, the new Turkish state has the potential to be a model for political transformations elsewhere, problematizing how specific policies the AKP adapted to refract social dispositions have been radically redefining the republican, democratic and secular features of the modern Turkish state.

Please find a link to the book here.

Heterodox Graduate Programs, Scholarships and Grants

ASE: William R. Waters Research Grant 2021

The Association for Social Economics William R. Waters Research Grant is an award of up to $5,000 to promote research in social economics and the social economy. Possible topics include, but are not limited to: the role of social values in economic life,economic policy and social wellbeing, social capital, social norms,social networks, human capabilities, workplace policies and social justice, corporate social responsibility, socially responsible investment, microfinance, ethics and economics, poverty, inequality, and policies related to health, education, and welfare.

In order to advance the careers of promising new scholars in particular, applicants for the Waters grant must be graduate students in PhD programs who have not yet completed their dissertation, postdoctoral researchers or faculty members (tenured or untenured) below the rank of Associate Professor (or its equivalent outside the U.S.).

How to apply

To apply for the grant, the following materials need to be submitted:

Enquiries and application materials including letters of recommendation should be sent by e-mail with the subject line “Application for the William R. Waters Research Grant” to Paul Makdissi at paul.makdissi@uottawa.ca

Details about the grant and the submission process can be found here: https://socialeconomics.org/awards-grants/william-r-waters-research-grant/

Submission Deadline: 1 November 2020

Heterodox Economics in the Media

Film: "My (economic) Miseducation in 3 Graphics"

Film by Mary Filippo

This film is about the filmmakers experience trying to understand economics through the study of the orthodox presentation. Shocked by the misrepresentation of this world Mary Filippo interviewed many heterodox economists who help the viewer understand "what's wrong with this picture".

David Brennan states: "What this movie does so very well is to legitimize initial student apprehensions, and exposes that the answers from neoclassical thought are grossly inadequate. It does this by showing clearly what the market model does not take into account when they say supply equals demand. Mary Filippo problematizes the concepts of efficiency, profits, and capital in crystal clear ways to her audience. Perhaps the best part of the movie is the end, wherein the neoclassical economists defend their theory on a self-proclaimed rigor of analysis. Yet the movie shows how preposterous such claims are in reality. The movie is a must for those exploring neoclassical fundamentals and especially for those that don’t want their economic concerns dismissed by models of economic fantasy."

The film is currently available by invitation through the website: my-mis-education-in-3-graphics.org.

For Your Information

John Jay's Economics Department Earns High Score on Federal Reserve’s Economic Education Inclusion Index

John Jay’s Economics department has only been around for 10 years but it’s quickly making a name for itself. Ranking among the top 10 in the Federal Reserve’s Economic Education Inclusion Index—it was number seven on the index and ranked first among colleges in the City University of New York (CUNY) system—John Jay’s Economics department grants a large number of degrees to students who are Black, Latinx, and women, three underrepresented groups that are often excluded from the economics field. “The diversity of students at John Jay and the fact that most come from New York City working-class families creates a great atmosphere for teaching economics,” says Geert Dhondt, Chair and Professor in the Department of Economics, who attributes the department's achievements to the College's commitment to student success and mission of increasing social mobility for underrepresented groups.“Teaching students at John Jay is one of my greatest joys, because our students are engaged, excited to learn, and open to the world.”

For more details visit the website.