Heterodox Economics Newsletter

Issue 158 January 20, 2014 web pdf Heterodox Economics Directory

In the last few weeks I found myself asking whether Thomas Piketty's upcoming book on "Capital in the 21st century" might be some kind of a game-changer in economic thinking. The main reasons for this are threefold: First, the book is really an opus magnum trying to derive "fundamental laws" of capitalism, which strongly relate to economic inequality. Personally, I find that such a theoretical revival, connecting the inherent distributional tendencies of capitalism with the question of social development was long overdue. Second, the "fundamental laws" suggested by the book are completely different from what we commonly hear in mainstream economics which makes my third point even more important: There are good signs that this contribution will not be completely ignored by mainstream economic discourse. A first evidence for this allegation is provided by the Book Review prepared by Branko Milanovic and to be published in the Journal of Economic Literature - you can download a first draft of the review here. It also serves as a nice introductory overview on the subjects addressed and hypotheses proposed by Piketty.

When there is light, there is also shadow. In this vein, I have to inform you of the passing-away of the eminent heterodox economist and monetary theorist Augusto Graziani, who died on January 5, 2014. In this context I want to point you to Steve Keen, who shares some of his remembrances on Graziani, as well as to a recent article on his work published in the Review of Keynesian Economics. Additionally, the Italian Association for the History of Political Economy will include sessions honoring Augusto Graziani in its annual conference in Bergamo, Italy (26-28 June 2014).

Finally, this issue of the Newsletter has a focus on new journal issues (which obviously collude at the beginning of the year) and calls for papers. However, I also want to point you to our Scholarship-Section, which contains a series of interesting offers, as well as to Tae-Hee's fabolous report on the Heterodox Economics booth at the ASSA in Philadelphia.

All the Best.

© public domain

Table of contents

Call for Papers

11th STOREP Conference: The Many Facets of Economics and Its History: Global and Local Approaches (Bergamo, 2014)

26-28 June 2014 | Bergamo, Italy

The Italian Association for the History of Political Economy will be holding its annual conference in Bergamo, Italy from the 26-28 June. The conference will include sessions honouring the distinguished Italian monetary economist, Augusto Graziani, who died on the 5 January.

Further details of the conference may be found here.

The 11th STOREP Conference will be held at the University of Bergamo on June 26-28, 2014.
An abstract of about 300 words for a paper and 500 words for a session (together with the abstracts of the three or four papers for the session) should be submitted at the latest by February 28, 2014 to: segretario@storep.org

Notification of accepted and rejected abstracts will be sent by March 30, 2014.
Other important dates:

All relevant information concerning registration fees, accommodation and programme will be published soon on the website of the association. This year the main theme of the Conference is “The Many Facets of Economics and Its History: Global and Local Approaches” This title, ostensibly cryptic, is meant to capture a number of issues that ultimately stem from a persistent tension between the ambition to become an empirical science and the Millian retreat to an essentially deductive discipline. By way of example, papers on the following general themes would be particularly welcome:

Proposals of papers on all fields of the history of economic thought are also welcome: some plenary sessions on the main topic of the conference will in fact be accompanied by parallel thematic sessions. Young Scholar Awards For Young Scholars STOREP provides two kinds of awards:

  1. Scholarships for young scholars (under 35 years of age): in order to be eligible, the applicant is required to submit a Curriculum Vitae and a paper on any topic relevant to the history of political economy. The authors of the selected papers will be awarded of the free STOREP Conference registration, included the social dinner and the annual membership fee of the association. All applications, with CV and the final version of the papers, should be sent to segretario@storep.org no later than May 15, 2014. Applicants will be informed about the result of the evaluation process no later than June 10, 2014. 2)
  2. The STOREP Award (of 500.00 € value) for the best article presented at the Annual Conference by young scholars within 40 years of age. All applications, with CV and the final version of the papers, should be sent to segretario@storep.org no later than September 15 2014.

27th Conference of The History of Economic Thought Society of Australia (New Zealand, 2014)

11-12 July 2014 | University of Auckland, New Zealand

The first conference session will be scheduled for Friday July 11th. The conference will conclude with the Conference dinner on the evening of Saturday 12th July. In keeping with the Society’s conference tradition since 1981, there will be no competing conference sessions. All sessions will run consecutively on a stand-alone basis.

Venue: Old Government House, University of Auckland.


Paper presentation and registration is open to all those interested in the contest of ideas and the intellectual history of economics.


Professor Anthony Endres, University of Auckland

Dr Geoffrey Brooke, Auckland University of Technology

Conference website and links to venue, registration, paper submission deadlines are available here.

2nd International Wellbeing and Public Policy Conference (New York, 2014)

10-12 June 2014 | Hamilton College, New York, US

The International Journal of Wellbeing is pleased to announce the second International Wellbeing and Public Policy Conference, to be held June 10-12, 2014 on the campus of Hamilton College in scenic upstate New York. This conference follows on from the inaugural conference held June 12-15, 2012 in Wellington, New Zealand. Keynote speakers for the 2014 conference include prominent wellbeing scholars Carol Graham, John Helliwell, Andrew Oswald, Arthur Stone, and Ruut Veenhoven.

We invite submissions on topics related to wellbeing with particular preference for research and application with public policy relevance. We will consider submissions from all disciplines.

Please submit a one page abstract in pdf format to 2014conference@wellbeingandpublicpolicy.org

For full consideration, all abstracts or papers should be submitted by February 1, 2014.

Annual Congress of the European Business History Association: Comparative Business History: Contrasting Regions, Sectors, and Centuries (Utrecht, 2014)

21-23 August 2014 | Utrecht University, Netherlands

Topic: Comparative Business History: Contrasting Regions, Sectors, and Centuries

Deadline extension paper and session proposals EBHA congress 2014: The new (and final) deadline for submitting proposals is now: 15 February 2014

More information about the congress can be found here. If matters are unclear, please contact Winny Bierman.

Beneath, please find the call for papers, dissertations and posters for the EBHA Congress 2014:

Call for papers and sessions:

For the 2014 EBHA Utrecht congress we encourage participants to take a long-term view in comparing business activities across different periods of time, to compare similarities and differences, and to reflect about their meaning. We believe that drawing comparisons is an important instrument for business historians and a gathering of business historians from all over Europe as well as from other parts of the world is the ideal venue for ambitious juggling.

Contrasting centuries with each other will increase our understanding of the interaction between business strategies and the institutions surrounding the business activities, such as the role of government or the alternation between collaboration and competition between trades. In addition we invite papers that compare industry sectors in different countries or regions in similar periods. Which factors contributed to the shift of industries from one region to another? Why did some firms move, while others stayed or transformed their business. We welcome papers discussing the varieties of capitalism.

More information about the call for papers and sessions here.

Call for dissertations:

Every two years, the EBHA awards a prize for the best dissertation in business history submitted to a European university in the previous two years. Eligible dissertations may be in any European language. Three finalists will be selected from the dissertations submitted for consideration, and the authors will be required to give a presentation based on their dissertations at a plenary session at the forthcoming EBHA congress. All three finalists will receive a certificate that they have been among the short-listed candidates and will be eligible for reimbursement of part of their travel costs. All three will also be eligible for a waiver of their registration fees for the congress. In addition, the prize winner will receive EUR 300 and a special certificate. The finalists are invited to have written versions of their presentations published in the Newsletter of EBHA.

More information about the dissertation prize here.

Call for posters:

The poster session offers junior researchers a great opportunity to present ongoing research in the field of business history to an international audience. Posters combine text and graphics in order to communicate information and ideas. The informal and interactive setting of the poster session makes it easy to engage people in conversation and invite feedback. From the applications around ten posters will be selected by a jury. These will be on display for two days, which will give the posters maximum exposure. During the poster session itself the participants will be expected to be with their posters for brief presentations, questions and discussion. The jury will assess the posters and the best poster will receive a prize of 250 euros sponsored by the Dutch Foundation of Business History.

More information about the poster session here.

Conference of Alternate Routes: Capitalism in the Classroom - Neoliberalism, Education and Progressiv Alternatives (Toronto, 2014)

4th April, 2014 | Ryerson University, Toronto, Canada

Conference & Special Issue Call For Papers

Alternate Routes: A Journal of Critical Social Research - Edited by Carlo Fanelli (Ryerson University) and Bryan Evans (Ryerson University)

Theme: Capitalism in the Classroom: Neoliberalism, Education and Progressive Alternatives

As the austerity agenda intensifies, this special issue of Alternate Routes is seeking papers that explore how education is being restructured in light of market pressures to commodify and marketize learning and teaching from pre-school to post-secondary education and beyond. The conference will be held on Friday April 4, 2014 at Ryerson University.

Paper proposals may include but are not limited to: How have state policies increased pressures to corporatize and privatize public education? How have children and youth programs been affected? How has the quality of work and labour been impacted? How have intersecting axes of oppression related to class, race, ethnicity, gender and so forth been reinforced or contested in the classroom? In what ways have student curriculums and teachers’ academic freedoms been affected? Have educators and employees challenged such pressures? What role have trade union and community activists played in challenging the prerogatives of capitalism in the classroom? Are there progressive educational alternatives to neoliberalism?

Additional topics may include: ongoing theoretical debates; community outreach and education campaigns; cross-sectoral and international comparisons; new pedagogical methods and policy proposals for schooling and education; corporate influences on campus and in the classroom; new technologies and online-learning; publishing and dissemination of research; new public management and academic/non-academic labour; and social justice activism.

Conference submissions must be received no later than January 5, 2014. Please include an abstract no longer than 300-words and brief biography. Conference decisions will be made within one week. If you are interested in submitting an article but cannot attend the conference, articles must be submitted by May 15, 2014. New authors are encouraged to visit www.alternateroutes.ca for author guidelines and additional information. Conference proposals and article submissions must be sent directly to editor@alternateroutes.ca.

For all other inquiries, please visit the website or send an email to editor@alternateroutes.ca.

Congress of the European Economic Association and of the Econometric Society (Toulouse, 2014)

25-29 August, 2014 | Toulouse School of Economics, France

There is an initiative in the Econometric Society to enhance the history of econometrics and a session on the topic is planned for their forthcoming European meeting (jointly with the European Economic Association) in Toulouse, 25-29th August. Further Information here.

At their last meeting, a session on history of econometrics attracted more than 100 people and the programme committee for this year's meeting (of which I am a member) is keen to have an even more successful session this time. This is a community of economists genuinely interested in its history and it would be good if members of our history of economics community can respond. If you work on this topic, please do think of submitting a paper. (And perhaps it is worth noting that they are making a special effort this year to attract papers on applied, experimental and computational economics and so why not the history of those.)

Submissions of paper proposals are due at the conference website by February 15th, but I urge all those who have an interest in the field who think of submitting proposals, or papers, to contact me directly as well, as I also have the chance to propose sessions.

Thank You.

Mary S. Morgan

Economic Philosophy Conference: “Oneself and the Other” (Strasbourg, 2014)

9-10 October 2014 | University of Strasbourg, France

The 2nd International Conference “Economic Philosophy” will be held at the University of Strasbourg from 9th to 10th October 2014. This conference is organized by the Bureau d’Economie Théorique et Appliquée (BETA, UMR 7522 of CNRS).

This international conference will host sessions on the theme “Oneself and the Other”, but any paper or session which addresses the Philosophy of Economics is welcome.

The Philosophy of Economics primarily considers the economic agent as a moral subject. Economics, however, has long overlooked the agent’s moral—that is to say, reasonable— dimension, to focus instead on the strictly rational. The economic agent refers to “himself” (herself) in terms of his desire and passions, yet also refers to others besides himself. For the rational economic agent, what is the nature of this relationship with the Other? And should it not be understood as undergoing a transformation once we come to consider the economic agent as a reasonable being? Through what process does the Other pass from being an instrument at the disposal of a rational agent to being an end in itself for a moral subject? In other words, how does another become “anOther”?

In the act of producing, the economic agent has friends, masters and subordinates. The acts of exchanging, sharing and borrowing all involve partners. When an economic agent consumes, through the use of goods and services, he depends on other agents of the same kind. Could we claim, then, that in each of these actions there is an encounter with the Other? And would such an encounter not imply, moreover, an acknowledgment of the Other as “my equal”, irrespective of how different they may be? Deprived of the qualities of a moral subject, is the economic agent defined by Economics in a manner sufficient to be seen as a consciousness capable of discovering something within himself, or as a subjectivity capable of experiencing the pain of envy?

Such questions, with which current research is increasingly concerned, lead us to consider the philosophical dimensions of the science of Economics—they lead us, in other words, towards a re-examination of certain fundamental notions, and to a re-reading of certain great authors. It is precisely the study of these notions and these authors which the Colloquium on the Philosophy of Economics invites you to join. Presentations could address the following themes:


Proposals for papers in the form of abstracts of approximately 500 words, in French or English, must be submitted no later than January 31st, 2014 via the website of the conference.

Proposals for complete sessions are also welcome; they should contain a title, a summary of each of the proposed papers, and the name of the session chair (3 papers per session).


January 31st, 2014: submission deadline March 31st, 2014: notification to applicants August 31st, 2014: full paper submission deadline A selection of papers will be published in a peer-reviewed journal. Contact: colloque-philoeco@unistra.fr

All the information concerning the Conference and the submission process are available here.

IIPPE Conference Panel: Economic Methodology (Naples, 2014)

16-18 September 2014 | Naples, Italy


Panel/Stream Proposal: Economic Methodology

Over the last 30 years, there has been an extensive debate within the philosophy of science over the meaning and content of scientific activity. This debate has important implications for both natural and social sciences, including economics – and has resulted in a growing recognition of the importance of methodology in economic discourse. This interest, however, has been confined to economic methodologists and has left the economics profession and the way economists conduct their business largely unaffected.

During roughly the same period (and even before that) economics has come to be dominated by a method based on what Terence Hutchison has called “ultra deductivism” and mathematical modeling to such an extent that anything that is not modeled is considered non-economics or, even worse, non-scientific. If it is not modeled it is not economics. This is a reflection of the total lack of methodological pluralism within the economics profession dominated by an increasingly intolerant orthodoxy. How did such a state of affairs come about? Should social sciences and economics in particular follow the same method as the natural sciences? How does political economy and heterodox economics differ from mainstream economics methodologically? What types of pluralism would be tenable and viable for economic science? How has the crisis affected the way economists go about conducting their business? How can inter/cross/transdisciplinarity be applied productively in economic discourse? These are some of the questions we will try to explore in these panels on economic methodology.

Please send a 500 words abstract to Ioana Negru and Dimitris Milonakis by 1st of April 2014.

Link to the conference website.

IIPPE Conference Panel: The Dark Side of Social Capital - Alternative Ways of Understanding and Confronting Corruption, Distrust and Conflicts (Naples, 2014)

16-18 September 2014 | Naples, Italy

Panel organised by Social Capital Working Group

Asimina Christoforou, Athens University of Economics and Business
Luca Andriani, Birkbeck, University of London

Putnamian conceptions of social capital tend to focus on the positive side of associational behaviour. Norms and networks are usually conceived as factors that are naturally and inevitably conducive to protecting social interests by cultivating social cohesion, generalised trust and inclusive networks of heterogeneous social groups. This often overlooks the underlying norms and networks developed to serve the particularised interests of smaller groups at the expense of public welfare.

The surge of corruption scandals across countries reveals numerous stories in which public officials are accused of embezzlement of taxpayers' money, while citizens appear to conceal their assets to safeguard them from tax authorities by using legal 'loopholes' particularly in global transactions. There are talks of states that essentially are not run by constitutionally-defined government bodies but by covert coalitions of high-powered individuals and groups that use whatever means are at their disposal to determine the fate of entire countries and regions for their personal benefit. The inequality in the distribution of rights and resources triggers a sense of injustice and distrust toward state institutions that promised to protect public welfare and toward the social groups that appear to take part in the misappropriation of public wealth. This gives rise to social conflicts and polarisation and thus opens the door to extreme expressions of discrimination and oppression against groups, like ethnic minorities and immigrants, who often take the blame for the worsening of economic and social conditions, after they have been driven out of their own countries to avoid poverty or persecution. For example, studies on the current global crisis speak of major financial and political actors that orchestrate the deregulation of domestic and global markets, and stress the unhindered and intractable flow of financial assets toward toxic bonds or tax havens that profit the few by transferring the costs of the systems' failures to society through austerity measures that only deepen the depression.

In this context, we would like to study the so-called 'dark side of social capital', forms of association that are anti-social in that they exclude segments of the population and compromise social welfare. Some topics can include: definitions and cases of corruption; the rise in distrust toward market and state institutions and its consequences in the course of the history and the reformulation of power relations; the conflicts that emerge in different countries as a result of the worsening of economic conditions and the international reshuffling of interests. The current crisis can provide an important case study, but is not the only source for investigating the 'dark side'.

We would particularly encourage contributions that explore ways in which the 'dark side' can be overcome by new forms of social groups and networks that trust in their values of social solidarity to reclaim the welfare of the people. This would stress the conditions under which norms and networks of trust, cooperation and reciprocity can be re-assessed and re-structured to confront the 'dark side' and create an environment to serve generalised interests. We welcome works that derive from various social science disciplines and use different units of analysis (individual, regional, country or cross-country level), methodologies and techniques (theoretical, empirical, qualitative and quantitative).

Abstracts (500 words maximum) should be submitted to Asimina Christoforou by the 20th of March 2014.

Link to the conference website.

PRME Working Group on Poverty Conference (Nicaragua, 2014)

28-30 July 2014 | INCAE campus in Nicaragua, Afrika

Leveraging Innovative and Cross-Country Learning for Poverty Reduction: Climbing the Economic Ladder: Examples from and for Nicaragua

We invite you consider a unique conference focused on innovative approaches to Poverty Alleviation and the incorporation of learning from such approaches in business curriculums. The conference will take place at the INCAE campus in Nicaragua from July 28 to 30, 2014. One key feature of the conference is a day in the field meeting with and learning from practitioners and innovators addressing poverty. The conference is being organized under the auspices of the United Nations Principles for Responsible Management Education initiative (www.unprme.org) and INCAE, one of Latin America's top business schools that greatly emphasizes all aspects of sustainability. More information on the conference can be found here and the call for papers can be found here.

VII International Conference of the Brazilian Keynesian Association (Sao Paulo, 2014)

13-15 August 2014 | Getulio Vargas Foundation (Sao Paulo), Brazil

The VII International Conference of the Brazilian Keynesian Association (AKB), whose main topic is “Economic Policies for Sustained Growth with Social Equality in an Era of Instability”, will be held at the Getulio Vargas Foundation – FGV-SP, on August 13 to 15, 2014. The Conference will have three special sessions, one mini-course and several ordinary sessions. Topics of special sessions include “Macroeconomics and economic development: in honour of Professor Luiz Gonzaga Belluzzo (UNICAMP)”, “Post-Keynesian Macrodynamics” and “Economic Growth, De-industrialisation and Dutch Disease: the experience of Latin America”. The mini-course on “growth and distribution” will be given by Professor Nelson Barbosa (IBRE and FGV-SP).

Suggested areas for paper submission to ordinary sessions are:

I. International Economy, Trade and Finance
II. Financial System and Financing of the Economy
III. Macroeconomics and Economic Policy
IV. Keynes, Keynesianism and other Theoretical Traditions
V. Growth and Income Distribution
VI. Industrial Dynamics and the Behaviour of Large Corporations
VII. Contemporary Economic History

Submission details:

i. The deadline for paper submission is May 25, 2014, according to the posting date;
ii. Papers can be written either in Portuguese, Spanish or English;
iii. Papers must be written in Microsoft Office Word, or PDF, and present no more than 25 pages (with an abstract both in Portuguese and English), single spacing, font Times New Roman and size 12pt. The author’s name and institutional affiliation must be removed from hard copies.
iv. Each author can submit no more than 2 (two) papers (either as author or co-author);
v. Three hard copies of the paper must be sent to the following address: UFRJ/Instituto de Economia, Professor José Luis Oreiro (A/C Sidenir Pereira), Av. Pasteur no 250, Sala 103, Urca; 22290-240, Rio de Janeiro, RJ.
vi. The file of the paper (with author’s name and institutional affiliation) must be emailed to: associacao.keynesiana@gmail.com;
vii. Transport costs and other costs must be covered by each participant. Accommodation can be provided by the organisers, depending on available funding.

The Scientific Commission includes Fernando Ferrari (UFRGS), Luiz Fernando de Paula (UERJ), José Luis Oreiro (UFRJ) and Fábio Terra (UFF). Organising Commission: José Luis Oreiro (UFRJ), Eliane Araújo (UEM), Nelson Marconi (FGV-SP), Giuliano Contento (IE-Unicamp) and Laura Carvalho (FGV-SP). See also www.akb.org.br.

Call for Participants

A Conference in Honour of J.E. King: Heterodoxy in Economics - From History to Pluralism (Melbourne, 2014)

15-16 April, 2014 | Victoria University, Flinders St. Campus, Melbourne, Victoria, Australia

After a distinguished academic career in economics, culminating in admission as Fellow of the Academy of the Social Sciences in Australia a few years ago, John King retired from full time university duties in July 2013. To mark this event, a festschrift has been organised in his honour. This will consist of a conference at Victoria University, Finders Street Campus on the 15th and 16th April with keynote speaker M.C. (Michael) Howard who has been John King’s long-time collaborator on Marxian Economics. Professor Howard’s keynote talk will be on “Neoliberalism after the Financial Crisis”, reconsidering the theory proposed in The Rise of Neoliberalism in Advanced Capitalist Economies: A Materialist Analysis (Palgrave Macmillan, 2008) by Howard and King.

18 peer-reviewed papers from distinguished heterodox economic scholars will be presenting at the conference. There will be international scholars Heinz Kurz and Jan Toporowski, as well as many Australian colleagues, past PhD students and friends of John King, including (alphabetically) Harry Bloch, Geoffrey Harcourt, Gillian Hewitson, Therese Jefferson, Steven Kates, Peter Kriesler, John Lodewijks, Michael Schneider, Frank Stilwell.

Themes of the conference are:

There will also be a panel discussion with John King, himself, on the future of heterodox economics.

Michael Howard will also present public lectures at the Ballarat (14th April) and Melbourne (17th April) Trades Halls on Contradictions of the ‘Very Modern Economy’: A Keynesianised Marxian Perspective.

Conference organisers: Jerry Courvisanos, Jamie Doughney, Alex Millmow

For more details see the Victoria University website or contact Jerry Courvisanos at j.courvisanos@federation.edu.au

There is no fee for registration, attendance and participation!

Autogestion Conference: The workers economy (Marseille, 2014)

31th January - 2th Febraury, 2014 | Marseille, France

Please find attached the almost complete program of the international conference on autogestion (workers' self-organisation) this time hosted by workers occupying their factory Fralib in Marseille in France. To find out more about them, read here, unfortunately it's in French. Please note that this is not the final program and changes to the speakers' list might still occur.

As the program attached states, this "first regional conference in Europe, entitled "The workers economy", will take place on 31 January and 2 February in the Fralib factory, occupied by its workers in defence of their jobs. This conference is a continuation of the international annual conference that has taken place so far since 2007, initiated by the experiences of the workers' recovered enterprises and other movements for workers' autogestion in Latin America" (more details can be found here). It was generated by a cross-disciplinary team of academics and students within the Facultad Abierta (convened by the anthropologist Andrés Ruggeri), an extra-curricular program of the University of Buenos Aires, Argentina. The conference brings together activists, workers, scholars and students committed with these workers' struggles. It has widened in scope since as it has been held in different places across Latin America and thus incorporates a variety of experiences of autogestion. As the crisis is advancing in Europe, the conference will take place for the first time in Europe and hosted appropriately by the Fralib workers. It will be multi-lingual with available translations. However, if you are fluent in more than one language and would like to collaborate with translations during the event, then I urge you to get in touch with the organiser, Andrés Ruggeri (andres.ruggeri@gmail.com).

Otherwise, if you wish to attend this exciting event, please register online, and state, if you require accommodation, which is available within the factory.

IMPORTANT: If you are sending union or other workers'/ social movement solidarity delegations, please let me know, or directly contact Andrés Ruggeri to include it appropriately in the program and facilitate any necessary arrangements accordingly. Please bring this to the attention of any of your contacts who might be genuinely and appropriately interested in this event.

Political Philosophy Research Seminar (London, 2014)

23th January - 20th March, 2014 | London School of Economics (LSE), London, England

Find your way to the seminar. Further information here.

Job Postings

Portland Community College, US

The economics department at PCC values economic history, history of economic thought, and political economy. Please click on the following link to see the advertisement in its entirety.

In terms of courses offered, the following list comprises the courses currently on the books at PCC. While for the majority of the time the candidate that is hired for this position will be responsible for teaching EC 200, EC 201, and EC 202, there are opportunities to teach EC 203, EC 216, EC 230, and EC 285. I can speak from experience having had the opportunity to teach EC 285 on more than one occasion. Importantly, EC 203, EC 216, EC 230, and EC 285 are excellent outlets for those with pluralistic interests in economics. Also, there is ample opportunity to create new courses as based on the candidate’s interest and background.


Additionally, although the teaching responsibilities call for teaching four classes a quarter, for any given quarter two preps are the typical norm.

Best Regards,

Justin A. Elardo, PhD
Portland Community College


ESHET 2014: Academic Awards

The ESHET Council is inviting nominations for four awards that will be announced at the Conference in Lausanne, Switzerland, 29-31 May 2014.

  1. The BEST MONOGRAPH AWARD is for the best book (not necessarily written in English) in the history of economic thought published during 2012 or 2013. The author can be from any part of the world. The winner will be invited to attend the Society Conference that follows the announcement of the prize to deliver the Jérôme-Adolphe Blanqui Lecture. Note that, in supplement, the Council can also give a BEST SCHOLARLY EDITION AWARD.

  2. The HISTORY OF ECONOMIC ANALYSIS AWARD is for the best article (not necessarily written in English) in the history of economic thought, published in a scientific journal during 2012 or 2013. Candidates can be from any part of the world. The winner will be invited to attend the Society Conference that follows the announcement of the prize, and will receive 500 euro.

  3. The YOUNG RESEARCHER AWARD. This prize recognizes scholarly achievements of historians of economic thought at an early stage of their career. The prize is awarded to scholars below the age of 40 at the time of the annual conference in recognition of outstanding publications in the history of economic thought. It consists of a five-year membership of ESHET, a waivering of the conference fee when the prize is awarded, and a certificate signed by the President of ESHET.

  4. The GILLES DOSTALER AWARD is a new award created in 2012 in the memory of Gilles Dostaler, thanks to the generosity of his widow Marielle Cauchy. This prize — of 500 euro — recognizes scholarly achievements of young research fellows working on one of Gilles Dostaler’s many fields of interest — e.g., Marx and Classical political economy, Keynes, Hayek, critical approaches to free markets theories, relationships between economics, politics, philosophy and ethics, etc. It is awarded to scholars below the age of 35 at the time of the annual conference in recognition of an outstanding work not necessarily already published or published within the two previous years.

Nominations should be sent as soon as possible, but not later than January 31, 2014 to the Chair of the relevant panel:

  1. Best Monograph Award: Richard Sturn
  2. Best Article Award: Pedro Teixeira
  3. Young Researcher Award: Gilbert Faccarello
  4. Gilles Dostaler Award: Catherine Martin

Please note also the following points.

Egon-Matzner-Award for Socio-Economics 2014

International Call for Submissions

On the occasion of the 40th anniversary of the Centre of Public Finance and Infrastructure Policy at the Vienna University of Technology, the Egon-Matzner-Award for Socio- Economics was established in 2012; it will be conferred on 12th June 2014 for the third time.

Egon Matzner (1938-2003) was Professor of Socio-Economics, Public Finance and Infra- structure Policy at the Vienna University of Technology’s Centre of Public Finance and In- frastructure Policy from 1972 until his retirement in 1998. He is remembered by many as an innovative thinker, always with an open mind with regard to new topics in economics, especially in the fields of socio-economics, public finance and infrastructure policy, with a clear political vision and he always retained a critical distance. Professor Matzner had a great influence on several generations of planners and scientists, and was always very supportive towards talented students.

The Egon-Matzner-Award will be presented to young scientists (up to 35 years of age) for their scientific publications (namely contributions to journals or monographs issued by international scientific publishers) and for excellent diploma, master or doctoral theses. In particular, studies in the following thematic fields can be submitted:

Studies will be preferred that especially

The submitted works should have been published recently (2012-2014). The award is endowed with a premium of EUR 1,000 and can be shared, in the event of parity, by the authors of excellent publications. The award is funded by the revenues of the Centre of Public Finance and Infrastructure Policy. The submitted works can be written in German or English. The prize will be awarded based on the decisions made by an international jury, and will be handed over at the annual conference to be held at the Centre of Public Finance and Infrastructure Policy on 12th June 2014, in Vienna. Award winners are asked to present their work personally in a short presentation at the conference.

Submissions including the author’s CV have to be sent electronically to EMP@ifip.tuwien.ac.at; for further information, please contact Prof. Dr. Michael Getzner, Vienna University of Technology, Resselgasse 5, 1040 Vienna, Austria.

The deadline for submissions is 1st April 2014. The jury’s decision will be made known by the middle of May, 2014.


American Journal of Economics and Sociology, 73 (1)

Kwangsu Kim: Adam Smith's and Douglass North's Multidisciplinary Approach to Economic Development. p. 3--31.

Janne Kurtakko: Schumpeter's Challenge to Economists: History, Theory, and Statistics as Key Competencies and Sociology as a Vision for the Future. p. 32--57.

Peter Kotzian: Good Governance and Norms of Citizenship: An Investigation into the System- and Individual-Level Determinants of Attachment to Civic Norms. p. 58--83.

Jan Tullberg: Corporate Responsibility and the Collegial Field. p. 84--107.

Esayas Bekele Geleta: Social Capital as Collateral: Banking on the Poor. p. 108--125.

Costas Panayotakis: Capitalism, Meritocracy, and Social Stratification: A Radical Reformulation of the Davis-Moore Thesis. p. 126--150.

Ayman Reda: Weber and Baqir as-Sadr: The Paradox of Economic Development in Islamic Societies. p. 151--177.

Thomas Burr: Making Distribution Markets: Market-Wide Institutions in French and American Bicycle Distribution, 1865–1914. p. 178--209.

Eric J. Krieg: The Social and Environmental Costs of Milk Production: Trends and Resistance in Vermont. p. 210--236.

Shelley L. Koch & Joey Sprague: Economic Sociology vs. Real Life: The Case of Grocery Shopping. p. 237--263.

Viola Burau & Lotte Andersen: Professions and Professionals: Capturing the Changing Role of Expertise Through Theoretical Triangulation. p. 264--293.

Cambridge Journal of Economics, 38 (1)

Alberto Feduzi & Jochen Runde & Carlo Zappia: De Finetti on uncertainty. p. 1-21.

Maria Cristina Marcuzzo: On alternative notions of change and choice: Krishna Bharadwaj’s legacy. p. 49-62.

Roberto Lampa: A ‘Walrasian post-Keynesian’ model? Resolving the paradox of Oskar Lange’s 1938 theory of interest. p. 63-86.

Renee Prendergast: Knowledge, innovation and emulation in the evolutionary thought of Bernard Mandeville. p. 87-107.

Sumon Kumar Bhaumik & Ralitza Dimova: Good and bad institutions: is the debate over? Cross-country firm-level evidence from the textile industry. p. 109-126.

Andriana Vlachou: The European Union’s Emissions Trading System. p. 127-152.

Jeff Tan: Running out of steam? Manufacturing in Malaysia. p. 153-180.

Aurora A. C. Teixeira: Evolution, roots and influence of the literature on National Systems of Innovation: a bibliometric account. p. 181-214.

Mario Cimoli & Gabriel Porcile: Technology, structural change and BOP-constrained growth: a structuralist toolbox. p. 215-237.

Anna M. Carabelli & Mario A. Cedrini: Chapter 18 of The General Theory ‘further analysed’: economics as a way of thinking. p. 23-47.

David M. Brennan: ‘Too bright for comfort’: a Kaleckian view of profit realisation in the USA, 1964–2009. p. 239-255.

Challenge, 57 (1)

Philip Arestis & Elias Karakitsos: How Might the U.S. "Quantitative Easing" Develop? p. 5--18.

Oren Levin-Waldman: A Conservative Case for the Minimum Wage. p. 19--40.

Bianca Jagger: Crimes Against Present and Future Generations. p. 41--59.

William Black: Exonerating Corporate Executives. p. 60--66.

James Mahon: Economic Freedom and the Size of Government. p. 67--81.

Surendra Kaushik: Culture Sustains the Hindu Rate of Growth in India. p. 82--108.

Economic Geography, 90 (1)

Gordon L. Clark: Roepke Lecture in Economic Geography—Financial Literacy in Context. p. 1--23.

Michael Storper: Commentary on 2013 Roepke Lecture Financial Literacy in Context. p. 25--27.

Gordon L. Clark: Financial Literacy in Context: A Rejoinder. p. 29--31.

Alan Walks: From Financialization to Sociospatial Polarization of the City? Evidence from Canada. p. 33--66.

Ian Richard Gordon & Ioannis Kaplanis: Accounting for Big-City Growth in Low-Paid Occupations: Immigration and/or Service-Class Consumption. p. 67--90.

Stuart Dawley: Creating New Paths? Offshore Wind, Policy Activism, and Peripheral Region Development. p. 91--112.

Filosofia de la Economia, 1 (2)

Davis, John B.: The emergence of agent-based modeling in economics: Individuals come down to bits

Trincado, Estrella: Time as a milestone in economic thought

Martinez, Carlos Diego: Tiempos Difíciles: Del cálculo utilitarista a la imaginación simbólica

Masera, Gustavo: El enfoque evolucionista en el debate económico contemporáneo

Industrial and Corporate Change, 23 (1)

Micheline Goedhuys & Norbert Janz & Pierre Mohnen: Knowledge-based productivity in “low-tech” industries: evidence from firms in developing countries. p. 1-23.

Tobias Stucki: Success of start-up firms: the role of financial constraints. p. 25-64.

Jie Wu: The effects of external knowledge search and CEO tenure on product innovation: evidence from Chinese firms. p. 65-89.

Alex Coad & Sven-Olov Daunfeldt & Werner Hölzl et al.: High-growth firms: introduction to the special section. p. 91-112.

Paul Nightingale & Alex Coad: Muppets and gazelles: political and methodological biases in entrepreneurship research. p. 113-143.

Jaap W. B. Bos & Erik Stam: Gazelles and industry growth: a study of young high-growth firms in The Netherlands. p. 145-169.

Peter Huber & Harald Oberhofer & Michael Pfaffermayr: Job creation and the intra-distribution dynamics of the firm size distribution. p. 171-197.

Werner Hölzl: Persistence, survival, and growth: a closer look at 20 years of fast-growing firms in Austria. p. 199-231.

Vivian Mohr & Elizabeth Garnsey & Gregory Theyel: The role of alliances in the early development of high-growth firms. p. 233-259.

Alessandra Colombelli & Jackie Krafft & Francesco Quatraro: High-growth firms and technological knowledge: do gazelles follow exploration or exploitation strategies? p. 261-291.

Alex Coad & Sven-Olov Daunfeldt & Dan Johansson et al.: Whom do high-growth firms hire? p. 293-327.

Journal of Economic Methodology, 20 (4)

D. Wade Hands: Introduction to symposium on ‘reflexivity and economics: George Soros's theory of reflexivity and the methodology of economic science’. p. 303-308.

George Soros: Fallibility, reflexivity, and the human uncertainty principle. p. 309-329.

Eric D. Beinhocker: Reflexivity, complexity, and the nature of social science. p. 330-342.

Richard Bronk: Reflexivity unpacked: performativity, uncertainty and analytical monocultures. p. 343-349.

Bruce Caldwell: George Soros: Hayekian?. p. 350-356.

Rod Cross & Harold Hutchinson & Harbir Lamba et al.: Reflections on Soros: Mach, Quine, Arthur and far-from-equilibrium dynamics. p. 357-367.

John B. Davis: Soros's reflexivity concept in a complex world: Cauchy distributions, rational expectations, and rational addiction. p. 368-376.

J. Doyne Farmer: Hypotheses non fingo: Problems with the scientific method in economics. p. 377-385.

Roman Frydman & Michael D. Goldberg: Fallibility in formal macroeconomics and finance theory. p. 386-396.

Francesco Guala: Reflexivity and equilibria. p. 397-405.

Cars Hommes: Reflexivity, expectations feedback and almost self-fulfilling equilibria: economic theory, empirical evidence and laboratory experiments. p. 406-419.

Mark Amadeus Notturno: Soros and Popper: on fallibility, reflexivity, and the unity of method. p. 420-428.

Alex Rosenberg: Reflexivity, uncertainty and the unity of science. p. 429-438.

Anwar Shaikh: On the role of reflexivity in economic analysis. p. 439-445.

Yi-Cheng Zhang: Broader scopes of the reflexivity principle in the economy. p. 446-453.

Journal of Post Keynesian Economics, 36 (2)

Robert Ashford: Beyond austerity and stimulus: democratizing capital acquisition with the earnings of capital as a means to sustainable growth. pp. 179 - 20

William Milberg and Nina Shapiro: Implications of the recent financial crisis for firm innovation. pp. 207 - 230

Armon Rezai: Cycles of demand and distribution and monetary policy in the U.S. economy. pp. 231 - 250

David Dequech: Is money a convention and/or a creature of the state? the convention of acceptability, the state, contracts, and taxes. pp. 251 - 274

Elias Soukiazis, Pedro André Cerqueira, Micaela Antunes: Growth rates constrained by internal and external imbalances and the role of relative prices: empirical evidence from Portugal. pp. 275 - 298

Edgardo Bucciarelli and Marcello Silvestri: Hyman P. Minsky's unorthodox approach: recent advances in simulation techniques to develop his theoretical assumptions. pp. 299 - 324

Eckhard Hein: The crisis of finance-dominated capitalism in the euro area, deficiencies in the economic policy architecture, and deflationary stagnation policies. pp. 325 - 354

Angel Asensio: The Achilles' heel of the mainstream explanations of the crisis and a post Keynesian alternative. pp. 355 - 380

Paul Davidson: Income inequality and hollowing out the middle class. pp. 381 - 384

Real-World Economics Review, 66

The latest issue is available here.

Review of Keynesian Economics, 2 (1)

Gary A. Dymski: The neoclassical sink and the heterodox spiral: political divides and lines of communication in economics.

Sunanda Sen: Financial integration and national autonomy: China and India.

Alberto Botta: Conflicting claims in the eurozone? Austerity's myopia and the need for a European Federal Union in a post-Keynesian eurozone center–periphery model.

Wesley C. Marshall: The shackling of free money: lessons from Parguez and Argentina.

Lucas Bernard, Aleksandr V. Gevorkyan, Thomas I. Palley and Willi Semmler: Time scales and mechanisms of economic cycles: a review of theories of long waves.

Thomas R. Michl: A fiscal paradox and post-Keynesian economics: a comment on Palley.

Thomas I. Palley: A fiscal paradox and post-Keynesian economics: a response.

Socio-Economic Review, 12 (1)

Gregory Jackson: A brave new world of ratings, rankings and commensuration?

Aaron Z. Pitluck: Watching foreigners: how counterparties enable herds, crowds, and generate liquidity in financial markets!

Nicolas Bedu and Matthieu Montalban: Analysing the uneven development of private equity in Europe: legal origins and diversity of capitalism.

K. Ali Akkemik and Şükrü Özen: Macroeconomic and institutional determinants of financialisation of non-financial firms: Case study of Turkey.

Natascha van der Zwan: Making sense of financialization.

Patrick Le Galès: States in Europe: Uncaging societies and the limits to the infrastructural power (SASE AnnualMeeting 2013,University of Milan, Italy: Presidential Address).

Books and Book Series

Philosophy of the Economy: An Aristotelian Approach

By Ricardo F. Crespo | 2013, Springer

This book develops a philosophical analysis of economic reality and economic science from an Aristotelian point of view. It is the result of many years of thinking and philosophical study about these topics. It differs from other philosophy of economics books as it also deals with economic reality (not only the science) and approaches its subject from an Aristotelian perspective. It differs from other Aristotelian studies about economics as it covers the whole of philosophy of the economy. This book argues why Aristotle’s thinking guarantees an appropriate interdisciplinary synthesis.

Series: SpringerBriefs in Philosophy

Link to the book.

Restoring Shared Prosperity: A Policy Agenda From Leading Keynesians

By Thomas Palley and Gustav Horn | 2013, self-published

The economic recovery in the US since the Great Recession has remained sub-par and beset by persistent fear it might weaken again. Even if that is avoided, the most likely outcome is continued weak growth, accompanied by high unemployment and historically high levels of income inequality. In Europe, the recovery from the Great Recession has been even worse, with the euro zone beset by an unresolved euro crisis that has already contributed to a double-dip recession in the region. This book offers an alternative agenda for shared prosperity to that on offer from mainstream economists. The thinking is rooted in the Keynesian analytic tradition, which has been substantially vindicated by events. However, pure Keynesian macroeconomic analysis is supplemented by a focus on the institutions and policy interventions needed for an economy to generate productive full employment with contained income inequality. Such a perspective can be termed “structural Keynesianism”. These are critical times and the public deserves an open debate that does not arbitrarily or ideologically lock out alternative perspectives and policy ideas. The book contains a collection of essays that offer a credible policy program for shared prosperity, rooted in a clear narrative that cuts through the economic confusions that currently bedevil debate.

A free pdf version of the book is available here.
A paperback version is available on amazon.

Social Media: A Critical Introduction

By Christian Fuchs | 2014, Sage

Now more than ever, we need to understand social media – the good as well as the bad. We need critical knowledge that helps us to navigate the controversies and contradictions of this complex digital media landscape. Only then can we make informed judgements about what’s happening in our media world, and why. Showing the reader how to ask the right kinds of questions about social media, Christian Fuchs takes us on a journey across social media, delving deep into case studies on Google, Facebook, Twitter, WikiLeaks and Wikipedia. The result lays bare the structures and power relations at the heart of our media landscape. This book is the essential, critical guide for all students of media studies and sociology. Readers will never look at social media the same way again.

Link to the book.

The Discipline of Western Supremacy: Modes of Foreign Relations and Political Economy

By Kees van der Pijl | 2014, Pluto Press

Concluding the acclaimed and award-winning trilogy on 'Modes of Foreign Relations and Political Economy', this is a magisterial historical sociology of International Relations theory. In The Discipline of Western Supremacy Kees van der Pijl argues that, from the late European Middle Ages, Anglophone thinkers articulated an imperial world-view which was adopted by aspirant elites elsewhere. Nation-state formation under the auspices of the English-speaking West has henceforth informed thinking about international affairs. After decolonisation the study of comparative politics continued to develop under those same auspices as part of a comprehensive framework. This book, the first of its kind, aims to provide a complete overview of mainstream International Relations as a set of theories which translate Western supremacy into intellectual hegemony.

Link to the book.

The Fair Trade Scandal: Marketing Poverty to Benefit the Rich

By Ndongo Samba Sylla | 2014, Pluto Press

The Fair Trade Scandal takes aim at the Fair Trade consumer movement which many assume to be entirely benign. Through a razor-sharp analysis based on insider knowledge, Ndongo Sylla shows that there is a big gap between the rhetoric of Fair Trade and its practical results. Sylla shows empirically that Fair Trade excludes those who need it the most and that its benefits are essentially captured by the wealthiest groups in the supply chain. Based on his experience of working for Fairtrade International, Sylla shows the flaws in the Fair Trade system which compromise its ethical mission. The Fair Trade Scandal is both a provocative and deeply informative exploration of the Fair Trade phenomenon, suitable for specialists and non-specialists alike.

Link to the book.

The Global Development Crisis

by Ben Selwyn | 2014, Polity Books

The central paradox of the contemporary world is the simultaneous presence of wealth on an unprecedented scale, and mass poverty. Liberal theory explains the relationship between capitalism and poverty as one based around the dichotomy of inclusion (into capitalism) vs exclusion (from capitalism). Within this discourse, the global capitalist system is portrayed as a sphere of economic dynamism and as a source of developmental opportunities for less developed countries and their populations. Development policy should, therefore, seek to integrate the poor into the global capitalist system.

The Global Development Crisis challenges this way of thinking. Through an interrogation of some of the most important political economists of the last two centuries - Friedrich List, Karl Marx, Leon Trotsky, Joseph Schumpeter, Alexander Gerschenkron, Karl Polanyi and Amartya Sen - Selwyn argues that class relations are the central cause of poverty and inequality, within and between countries. In contrast to much development thinking, which portrays ‘the poor’ as reliant upon benign assistance, this book advocates the concept of labour-centred development. Here ‘the poor’ are the global labouring classes, and their own collective actions and struggles constitute the basis of an alternative form of non-elitist, bottom-up human development.

Link to the book.

Heterodox Graduate Programs, Scholarships and Grants

Graduate Teaching Assistantships and Graduate Research Assistantships at the University of Leicester, UK

Following similar competitions during previous academic sessions, the School of Management is delighted to be able to offer five new PhD Graduate Teaching Assistantships (GTAships) and two new PhD Graduate Research Assistantships (GRAships).

The closing date is 6th March 2014. All short-listed GTAship/GRAship applicants will be interviewed for suitability. We expect to interview for these awards in April 2014. Please see document entitled 'Further Guidance' for detailed information about the GTAship and GRAship duties, the application procedure and the process we will use to allocate them.

The School of Management at the University of Leicester is renowned for the quality of its creative, interdisciplinary and heterodox research. We welcome applications from those interested in the critical and innovative rethinking of any of the following fields: employment and global work; finance and accounting; industrial relations and trade unionism; labour markets and the labour process; management and business; management of science, technology and information; marketing and consumption; organizations and organising; training and development. Our PhD programme is distinctive because it is firmly located within a broadly defined critical social science tradition. Our students draw on any of the different fields of management as well as on anthropology, cultural studies, economics, geography, physics and mathematics, science and technology studies, sociology, politics, philosophy and psychology amongst other disciplines in undertaking their research.

Each GTAship/GRAship is worth approximately £18,376 per year over four years. These GTAships/GRAships are for full-time study only and will commence in September 2014. They will cover tuition fees at the UK/EU rate (currently £3,900) and include a stipend of £9,650 each year as well as a salary of £4,076. The successful applicants are, further, entitled to a Research Training Support Grant of £750 per annum to finance their research activities as appropriate. Suitable applications are encouraged from both UK/EU students and from international students (outside the EU). However, please note that the award covers the UK/EU tuition fee rate only: an international student would need to pay the difference between this and the international tuition fee rate themselves.

How to Apply for a September 2013 GTAship/GRAship

All applicants for the GTAships must submit:

  1. a completed postgraduate application form
  2. a 750 word personal statement
  3. a CV
  4. a PhD research proposal of no more than 4000 words
  5. two references (preferably from academic institutions)
  6. copies of your degree transcripts and certificates
  7. proof of English language capabilities where required

It is essential that you read the 'Further Guidance' on the GTAship/GRAship award when preparing your application. It is available here.

Please do NOT apply online. Please send your application directly to Mrs Teresa Bowdrey either

by email at t.bowdrey@le.ac.uk or
by post at: PhD Programme, School of Management, University of Leicester, Ken Edwards Building University Road, Leicester LE1 7RH, UK

Detailed information here.

MPhil and PhD Studentships in Economics at the University of Greenwich, UK

University of Greenwich - Business School offers interesting scholarships.

Topic: The causes of falling wage share and prospects for growth with equality in a globalized economy

Ref: PGRO-BUS-01-14

Duration: 3 years

Description: “The causes of falling wage share and prospects for growth with equality in a globalized economy” is a research project funded by the Institute of New Economic Thinking. The successful candidate is expected to work as a Research Assistant during September 2014-September 2017 under the supervision of the project director, Professor Ozlem Onaran. The output of the project will be part of the candidate’s PhD dissertation.

We seek candidates, who have a comparative and pluralistic approach to the theoretical debates among the different schools of thought. Heterodox approaches are welcome. Applicants with familiarity with econometric research methods will have a priority.

The successful candidate will receive a £13590 bursary (years 2 and 3 linked to RCUK Doctoral Stipend rate) plus a contribution towards tuition fees of up to the equivalent of the Home/EU fee (currently £3885 pa), subject to performance.

Applicants must hold a First Class or Upper Second Class Honours Bachelor’s or Master’s degree (UK or UK equivalent) in a relevant discipline.

For further information on the project and the studentship please contact the supervisor: Professor Ozlem Onaran.

For additional information about the studentship and links to the application form please go here.

The application form should be completed and returned to: postgraduateresearch@gre.ac.uk and include: a comprehensive CV, a research proposal and a one page covering letter explaining your interest in the project and how it relates to past experience and present motivations. Attachments should be in PDF or Word format.

The closing date for applications is 19:00 (UTC) on Tuesday 6 May 2014.

You find further information here.

PhD Studentships at the Open University, UK

Full-time funded PhD Studentships at the Open University (UK).

For the academic year beginning 1st October 2014, applications are invited for a number of full-time funded PhD studentships (circa £14,000 per annum). Topics include:

For further details please follow this link.


Global Labour Column

Democratic Global Keynesianism: a long-overdue Vision of Progressive Politics by Heikki Patomäki

Global Development And Environment Institute

How beer explains 20 years of NAFTA’s devastating effects on Mexico by Timothy A. Wise

Battle Won, The War Goes On by Timothy A. Wise

Heterodox Economics in the Media

Kevin Gallagher: How China Crashed the NAFTA Party (Guardian)

Last week marked the 20th Anniversary of the North American Free Trade Agreement (NAFTA). In a new opinion article by GEGI's Kevin Gallagher and Enrique Dussel Peters of the National Autonomous University of Mexico, the authors lament how the agreement didn't live up to its expectations in Mexico, and how China has played a key role in NAFTA's demise.

Link to the article.

Link to the related paper.

For Your Information

A printed catalogue of Piero Sraffa’s library

Dear Friends, dear Colleagues,

we are writing to inform you that the catalogue of Piero Sraffa’s library, which he bequeathed to Trinity College Cambridge, has gone to the printers. The catalogue has been edited by Giancarlo de Vivo, and is being published jointly by the Raffaele Mattioli Foundation in Milan and the Luigi Einaudi Foundation in Turin. In addition to the catalogue itself, containing about 7000 entries over about 700 quarto pages, the book will also contain an introduction by the editor, and an essay on “Piero Sraffa and his books” by Luigi L. Pasinetti. Two indexes (a General Index, and an Association Index) complete the volume. There will also be 24 full-page images of some of the most remark­able books in the collection, and a frontispiece with an (unpublished) photograph of Piero Sraffa. More information on the collection and the catalogue in the attached document.

The publication is being carried out thanks to the initiative of a group of seven trustees. Beside Giancarlo de Vivo (Università di Napoli Federico II) and Luigi L. Pasinetti (Università Cattolica del S. Cuore, Milano), they are: Filippo de Vivo (Birkbeck College, London), John Eatwell (Queens’ College, Cambridge), Pietro Ichino (Università Statale di Milano), Maurizio Mattioli (Fondazione Raffaele Mattioli, Milano), and Amartya Sen (Harvard University).

We invite you to be a subscriber for one or more copies of the book, at the pre-publication price of €120 (plus shipping*) each. The list of the subscribers’ names will be printed in a Tabula gratulatoria at the beginning of the volume. We very much hope you will want to support this enterprise by subscribing to the publication of the catalogue, which takes place in the year of the 30th anniversary of Sraffa’s death, and is actually the first portion of Piero Sraffa’s Nachlass to be published. The publication is also meant as a tribute to his scholarship, and it is hoped it will prove not unworthy of the very high standards he always demanded from himself.

*) shipping cost will be Euro 25 for Europe (Euro 10 for Italy), Euro 30 for Canada and USA, Euro 40 for Asia, Euro 45 for Latin America, Euro 45 for Oceania, Euro 55 for Africa.

To subscribe, you can send an email message or write to the Mattioli Foundation (email: fondazionemattioli@unimi.it; address: Fondazione Raffaele Mattioli, via Festa del Perdono 7, 20122 Milano, Italy).

Yours sincerely

Giancarlo de Vivo – Luigi L. Pasinetti

You find detailed information here.

Report on the Heterodox Economics Booth at the ASSA 2014 Meetings

The community of heterodox economists hosted an exhibition booth at the ASSA meetings (January 3-5, 2014, Philadelphia, USA) under the title of "Heterodox Economics." We'd like to say thank you all the heterodox economics associations(1), journals(2), publishers(3), and individuals(4) who supported the booth financially and volunteers(5) who helped staff the booth.

We are glad to report that the booth was very successful. Many people stopped by the booth; heterodox economists came to the booth to pick up materials (books, flyers, brochure, etc), while non-heterodox economists or those who never heard of heterodox economics stopped at the booth and asked "what is heterodox economics?" (or questions like that). Even some visitors took a picture of the heterodox economics banner, HeterodoxEconomics: Alternative Critical Theory to the Status Quo (click on the link to see a picture).

We believe that such a collective activity is worthwhile and necessary (although it is expensive(6)). It helps make heterodox economics community better organized and more visible to other economists. We are quite certain that the booth has shown to many economists that there are alternative, unconventional economists who resist the status quo in economics. We hope that we can organize it again next year. Your participation and support will make this happen.

In solidarity,

Tae-Hee Jo (SUNY Buffalo State)
Frederic S. Lee (University of Missouri - Kansas City)



(1) Association for Evolutionary Economics, Association for Heterodox Economics, Association for InstitutionThought, Association for Integrity and Responsible Leadership in Economics and Associated Professions,Association for Social Economics, Union for Radical Political Economics.

(2) Review of Radical Political Economics, Journal of Economic Issues, Economic and Labour RelationsReview.

(3) Dollars & Sense, SAGE pub

(4) Ron Baiman, William Van Lear, Ronald G. Bodkin, John F. Henry, Johan Westenburg, Frederic S.Lee

(5) Avi Baranes (UMKC), Alex Binder (UMKC), Ron Baiman (Benedictine University), Erik Dean (PortlandCommunity College), Christine Ngo (Drew University), Hendrik van den Berg (U of Nebraska), Kerem Cantekin (Uof Utah), Steven Payson (AIRLEAP)

(6) Total contributions: $2,437.56; Total expenditures: $3,508.62; Balance: -$1,071.06