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Blog Critique of Mainstream Economics Decolonizing Economics Discrimination in Economics Heterodox Economics INET Teaching

Why Do Economists Have Trouble Understanding Racialized Inequalities? (Blog post)

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I wrote a blog post with Surbhi Kesar for the Institute for New Economic Thinking on the Economics discipline’s lack of capacity to understand racial inequalities, based on survey data.

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Covid-19 Critique of Mainstream Economics Heterodox Economics Publications

Changing the Narrative: Economics After Covid-19 (new article)

I wrote an article on how COVID-19 exposes weaknesses in the dominant Economics narrative, and how heterodox economics offer important alternatives, with Carolina Alves for the Review of Agrarian Studies. Here’s the abstract:

In this ar­ti­cle, we argue that so­ci­eties’ un­pre­pared­ness and in­ad­e­quate re­sponses to the Covid-19 pan­demic ex­pose weak­nesses in the foun­da­tions of the dom­i­nant eco­nomic par­a­digm. We doc­u­ment how eco­nom­ics came to dis­em­bed it­self from broader so­ci­etal analy­sis and how this has in­flu­enced pub­lic pol­icy in prob­lem­atic ways, lead­ing to priv­i­leg­ing of ef­fi­ciency over re­silience. We then go a step fur­ther to con­sider the role of eco­nomic ev­i­dence in pub­lic pol­icy more gen­er­ally. Fur­ther­more, we demon­strate how het­ero­dox eco­nom­ics can en­rich our un­der­stand­ings of our economies’ weak­nesses and of how to build a more re­silient and just econ­omy. We con­clude that we need an ex­pla­na­tion of the cri­sis that is ca­pa­ble of see­ing the econ­omy as more than just mar­kets and as em­bed­ded in so­ci­ety; one that is ca­pa­ble of link­ing the causes and con­se­quences of the pan­demic to our sys­tems of pro­duc­tion and dis­tri­b­u­tion.

Read the full paper.

Categories
Decolonizing Economics Economic Development Heterodox Economics Presentations

Summer Academy for Pluralist Economics 2020

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Along with D-Econ, I’ll be hosing a workshop at Exploring Economics’ Summer Academy August 10-16th 2020 on Critical Development Economics/Decolonizing Economics. Register for the workshop here.

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Blog Dependency theory Economic Development Heterodox Economics In the media

Samir Amin: A Pioneering Marxist and Third World Activist (new blog post)

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I recently had the pleasure of contributing a blog post to the excellent blog Progress in Political Economy (PPE), which is based at the University of Sydney’s Political Economy department. I wrote about Samir Amin’s legacy, based on my recent Legacy piece in Development and Change. Check it out here.

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Dependency theory Economic Development Heterodox Economics Marx Publications

Samir Amin: A Pioneering Marxist and Third World Activist (new article)

I had the honor of writing a legacy piece on Samir Amin for Development and Change this year. It will be a part of the 2020 Forum issue, but is already available for download.

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Categories
Blog Dependency theory Economic Development Heterodox Economics

Hardcore Peripheries (article in The Mint)

In this article in The Mint, I explore the relevance of dependency theory/ies today, along with Farwa Sial and Carolina Alves. We also identify some common critiques of dependency theory and argue that these are rooted in misunderstandings about the theories.

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Heterodox Economics Publications

New Working Paper: Heterodox Economics as a Positive Project: Revisiting the Debate

Screenshot 2019-08-01 at 20.18.02.pngI have a new working paper with Carolina Alves in the ESRC GPID Research Network Working Paper series.

Read a short blog post about the project or a long one.

Download the working paper here.

Categories
Blog Heterodox Economics

New blog post: Why so Hostile? Busting Myths about Heterodox Economics

Carolina Alves and I unpack misunderstandings about Heterodox Economics in our recent blog post on Developing Economics:

Call-for-Application-Pluralist-Economics

By Ingrid Harvold Kvangraven and Carolina Alves

“Economics is unique among the social sciences in having a single monolithic mainstream, which is either unaware of or actively hostile to alternative approaches.” (John King 2013: 17)

What does heterodox economics mean? Is the label helpful or harmful? Being outside of the mainstream of the Economics discipline, the way we position ourselves may be particularly important. For this reason, many around us shun the use of the term “heterodox” and advise against using it. However, we believe the reluctance to use the term stems in part from misunderstandings of (and sometimes disagreement over) what the term means and perhaps disagreements over strategies for how to change the discipline.

In other words, this is an important debate about both identification and strategy. In this blog, we wish to raise the issue in heterodox and mainstream circles, by busting a few common myths about Heterodox Economics – mostly stemming from the orthodoxy. This is a small part of a larger project on defining heterodox economics.

Read more here.

The post has also been re-published by Union for Radical Political Economics and the Monthly Review. It has also been translated to Spanish (see here).

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Economic Development Events Heterodox Economics In the media

Launch of IGDC and the Heterodox Development Economics Project

In June 2018, the Interdisciplinary Global Development Centre was launched (my new employer). During the launch, I held a presentation of my project “Heterodox Development Economics” and gave some remarks. See the promo video from the event below.

You can read more about the launch here and about the Heterodox Development Economics project here.

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Blog Heterodox Economics Marx

Some thoughts on Marx’s 200th birthday

Carolina Alves (University of Cambridge) and I wrote some thoughts on the way Marx has been celebrated this year, why he appears to be so polarizing, and the effects on the marginalization of Marx in Economics. Check it out.