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Blog Heterodox Economics

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.

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Heterodox Economics Publications Rethinking Economics Norway

Rethinking Economics Norway Takes Off

Rethinking Economics Norway, an organization I co-founded and am a board member of, officially became an organization this August. The network now consists of more than 60 Norwegian economists, including professors, professionals, and students at all levels (BA, MA, PhD).

We have received a lot of media attention so far (see the website), including this piece by the whole board in Aftenposten and this piece by Ebba Boye and I in Dagens Næringsliv (Norway’s largest business newspaper). There was also a 6 page piece in Klassekampen on our movement, also citing my book review of Anwar Shaikh’s Capitalism.

Several Economics professors have responded to our critique of the Economics discipline, as they do not agree that there is a need for a wider variety of theories to be taught at Norwegian Economics departments. As the Norwegian Economics departments are thoroughly mainstream, we clearly still have a lot of work to do.

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Book review Heterodox Economics In the media Klassekampen Media Norway-related Op-ed Updates

Debate with Norwegian Marxist

Following my book review of Anwar Shaikh’s Capitalism – Competition, Conflict, Crises, I ended up in a debate with a Norwegian philosopher (and Marxist) about Shaikh’s labor theory of value. The debate took place in the Norwegian newspaper Klassekampen.

Here is the exchange:
Anwar Shaikh versus seriøs teori (Jørgen Sandemose, May 30th 2016)
Seriøs teori (Ingrid Harvold Kvangraven, June 1st 2016)
Om en uholdbar «verditeori» (Jørgen Sandemose, June 8th, 2016)
På tide å lese boka? (Ingrid Harvold Kvangraven, June 14th 2016)
Den siste replikken (Jørgen Sandemose, June 15th, 2016)

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Book review Heterodox Economics In the media Klassekampen Norway-related Publications

Review of Anwar Shaikh’s New Book

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Last week New School Professor Anwar Shaikh was in Norway to launch his new book Capitalism – Competition, Conflict, Crises. For the occasion, I was asked by the Norwegian newspaper Klassekampen to write an essay about his book. You can read the full text here.

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Heterodox Economics In the media Norway-related Publications

The Norwegian Debate on Neoclassical Economics

In the wake of the release of a critical book on Neoclassical Economics in Norway, a heated debate on the state of the field of Economics has unfolded in Norwegian media. Norwegian Economics Professors argue that they are not Neoclassical (although they use Neoclassical methods such as general equilibrium analysis), that it’s impossible to do Economics outside of an equilibrium framework, and that alternative theories are so small that they are not worth teaching. My Norwegian colleague at The New School, Ebba Boye, and I entered the debate last week, by pointing out that Economics has not always been synonymous to Neoclassical Economics, that there are non-Neoclassical theories that have strong explanatory power, and that it is  possible – and desirable! – to learn a variety of Economic theories in one degree program. Here’s our Op-ed in the Norwegian newspaper Klassekampen: Økonomisk innsikt utenfor mainstream.

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