The YSI Economic Development Working Group is pleased to announce a Call for Papers on the theme of Productive Structures, Institutions and Distribution; as part of the 20th Anniversary Conference of the Association for Heterodox Economics, 5-7th July 2018, De Montfort, University, Leicester, UK. CONTEXT Early development theorists, from Antonio Serra to Arthur Lewis, George … More Call for papers: Productive Structures, Institutions and Distribution
In Nancy Folbre’s wide-ranging career, she has fruitfully melded many traditions and shed light on areas usually ignored in economic thinking. Her work as an activist and a scholar has been valuable in the context of both political struggles and academic economics. She has helped widen the lens of economic thinking and set up the basis for a robust feminist political economy. For example, her work at the Center for Popular Economics and … More Nancy Folbre’s Feminist, Unorthodox Economics
By Lance Taylor, Over the past four decades, American household incomes have become strikingly more unequal, along an unsustainable path. But as of late 2017, prospects for attacking inequality are bleak, whether or not the Republican-controlled U.S. Congress manages to pass a tax cut favoring businesses and high-income households. Fundamental changes in income and wealth … More Why Stopping Tax “Reform” Won’t Stop Inequality
Marcella Corsi, Guy Standing, Peter Temin, Shannon Monnat, Servaas Storm & Thomas Ferguson discuss. “Dual Economy” models were developed to explain growth in the developing world. Now they appear necessary to comprehend the high income trap that afflicts the world’s most developed economies. Download the papers and presentations at: ineteconomics.org/conference-session/growth-of-dual-economy
By Scott Carter, We are marking the beginning of the upload of the Trinity 2.0 arrangement of the Sraffa Papers. You can find the most recent iteration of my paper here. Look especially at the Appendix, as there can be found (i) the hyperlinks for D2/4 Sraffa’s Lecture Notes on the Advanced Theory of Value … More Trinity 2.0 Update & INET Conference in Scotland
In a world composed of global value chains, headline global trade data can mask the truth about how much exports are actually benefiting a country, according to professor Xiao Jiang from Denison University. Here’s why: If a country’s imports of semi-finished goods contain significant high-skill labor content, that country will lose will lose domestic share … More Xiao Jiang on Why Exports Alone Can’t Make Poor Countries Rich
Are corporations’ financial investments crowding out other corporate spending? Leila Davis looks at the financialization of non-financial corporations—i.e., firms that traditionally produce goods and services and invest in machinery, buildings and technology rather than trade in financial assets—and asks what it means that they’re taking on large financial investments. We know that the same time … More Leila Davis: Are Corporations’ Financial Investments Slowing Growth?