New School Economic Review

New School Economic Review The New School Economic Review is a peer-reviewed, student-run economics journal, hosted by the New School for Social Research. http://NSEReview.org

Fall 2019 Submission Deadline Extension | New School Economic Review
05/21/2019
Fall 2019 Submission Deadline Extension | New School Economic Review

Fall 2019 Submission Deadline Extension | New School Economic Review

Fall 2019 Submission Deadline Extension 2019-05-21 To provide students and faculty with the necessary time for reshaping their research into publishable material, the deadline for submitting manuscripts to the fall 2019 issue of the NSER has been extended to June 15th. Please submit your manuscript....

Join the NSER team as a guest editor and gather authors to publish about the topics you care about.
04/17/2019
Call for Special Issue Proposal | New School Economic Review

Join the NSER team as a guest editor and gather authors to publish about the topics you care about.

Call for Special Issue Proposal 2019-03-11 Overview: The New School Economic Review (NSER) invites the submission of proposals for thematic special issues, which normally comprise 5 to 10 research papers of maximum 6,000 words, in addition to possible policy notes or book reviews related to the them...

04/04/2019
NSSR Economics Seminar Series: Anti-austerity: Lerner's Functional Finance at 75

Watch Stephanie Kelton, Mark Blyth, and Clara Mattei discuss Abba Lerner's Functional Finance, MMT, and austerity at the NSSR Economic Department Seminar Series.

The New School for Social Research Economics Department Seminar Series: "Anti-Austerity: Lerner's Functional Finance at 75" Stephanie Kelton (Stony Brook Uni...

We're pleased to announce that the NSER is now accepting submissions for its 10th volume, Fall 2019 Issue. Please share ...
03/12/2019
Call for Papers for the NSER's Fall 2019 Issue | New School Economic Review

We're pleased to announce that the NSER is now accepting submissions for its 10th volume, Fall 2019 Issue. Please share widely!

Call for Papers for the NSER's Fall 2019 Issue 2019-03-11 We hereby invite you to submit your manuscripts to the next issue of the New School Economic Review (NSER). The NSER is a peer-reviewed, student-run economics journal that publishes original research articles in political economy, heterodox e...

New School Economic Review
11/21/2018

New School Economic Review

New School Economic Review's cover photo
11/21/2018

New School Economic Review's cover photo

Today Institute for New Economic Thinking launched an e-book on dependency theory, edited by our very own Frutuoso Santa...
06/14/2017
e-Book Launch: Can Dependency Theory Explain Our World Today?

Today Institute for New Economic Thinking launched an e-book on dependency theory, edited by our very own Frutuoso Santana (MA student) and Ingrid Harvold Kvangraven (PhD student). The volume comprises interviews with 13 scholars from around the world who express a variety of viewpoints on the meaning and relevance of dependency theory in today’s context.

Young Scholars Initiative (YSI) has released a new e-book, “Conversations on Dependency Theory”

This month, four prominent Marxists met at The New School in New York to debate the relevance of imperialism. The debate...
05/24/2017
Is ‘Imperialism’ a Relevant Concept Today? A Debate Among Marxists – New School Economic Review

This month, four prominent Marxists met at The New School in New York to debate the relevance of imperialism. The debate was related to the publication of Prabhat Patnaik’s new book A Theory of Imperialism. With him in the panel were geographer David Harvey, political scientist Nancy Fraser, and economist Duncan K. Foley. Development economist Sanjay Reddy moderated the debate. The main question for the panelists was: Is ‘Imperialism’ a relevant concept today? A fruitful debate followed, suggesting that contemporary imperialism is crying out for analysis and critique. Via Developing Economics.

This month, four prominent Marxists met at The New School in New York to debate the relevance of imperialism. The debate was related to the publication of

11/16/2016
Facebook Isn’t Responsible for the Price of Information – New School Economic Review

Blog Editor Mike Isaacson explains how the hand wringing over the proliferation of fake news masks the restriction of real news.

Facebook Isn’t Responsible for the Price of Information November 16, 2016 Mike Isaacson Many keystrokes have been spent on the next of the succession of scourges meant to counter-explain the collapse of establishment politics and the loss of Hillary Clinton: Facebook hoaxes! Not to be outdone by the...

NSSR PhD student Ingrid Harvold Kvangraven on philanthropy in international development, and its relation to global demo...
10/31/2016
Philanthropy in Development: Undermining Democracy?

NSSR PhD student Ingrid Harvold Kvangraven on philanthropy in international development, and its relation to global democracy.

The word philanthropy dates back to the Greek word φιλανθρωπία, which means the love of humanity. Today the OECD defines private philanthropy as non-official development assistance (ODA) to developing countries. Such assistance can be through large p

NSSR PhD candidate Rishabh Kumar in the Business Standard today
10/26/2016
What we know about the wealthy

NSSR PhD candidate Rishabh Kumar in the Business Standard today

Recent interest in economics has started to return to this question, especially in the context of today's rich countries

“The steps needed to bring economics teaching into the real world do not require the invention of anything new or exot...
09/13/2016
New School For Social Research is a Guiding Force In Economic Theory

“The steps needed to bring economics teaching into the real world do not require the invention of anything new or exotic,” Anwar Shaikh says, quoting a September 2014 editorial in the Financial Times: “The curriculum should embrace economic history and pay more attention to unorthodox thinkers such as Joseph Schumpeter, Friedrich Hayek, and, yes, even Karl Marx. Faculties need to restore links with other fields such as psychology and anthropology, whose insights can explain phenomena that economics cannot. Economics professors should make the study of how people act the starting point of courses, not an afterthought.”

For the better part of a generation, the world’s economic system has been dominated by libertarian free market theory—a theory that promotes small government, deregulation, and a host of other conservative ideas. However, the way Anwar Shaikh, chair of the Economics Department at The New School for…

08/20/2016
Call for Papers: The Political Economy of University, INC. – New School Economic Review

A call for papers to a very interesting and important special issue of the World Economic Review: Contemporary Political Issues on the Political Economy of University, INC.

Call for Papers: The Political Economy of University, INC. August 20, 2016 NSER Editorial Board Neoliberal restructuring includes an unprecedented attack on the autonomy of universities, their faculties, administrators, support staffs and students. How has your work—as a professor, graduate student,...

Economist and blogger Claudia Sahm conceives of three possible reasons that there are so few female economic bloggers: 1...
08/12/2016
Female Economists and the Blogosphere – Do We Dare Mention Sexism?

Economist and blogger Claudia Sahm conceives of three possible reasons that there are so few female economic bloggers: 1) women with opinions are not well received, 2) women are busy with other forms of service, and 3) women underestimate what they would contribute by blogging. However, aren’t these actually manifestations of deeper issues of patriarchy and sexism in our field and in society? Excellent post by Carolina Alves!

I recently read Claudia Sahm’s piece on why there are very few female economists in the blogosphere. As a blogger herself, as someone who is active on Twitter, and as a follower of approximately ei…

NSER editor Ingrid Harvold Kvangraven questions the enthusiasm Paul Romer's appointment as Chief Economist of the The Wo...
07/22/2016
Why Isn’t The World Bank’s Choice of Chief Economist More Controversial?

NSER editor Ingrid Harvold Kvangraven questions the enthusiasm Paul Romer's appointment as Chief Economist of the The World Bank has been met with: "Selecting a Western economist with little development experience and with his most famous prescription for development being fundamentally neo-colonial can hardly be considered an ‘impressive’, ‘great’ or ‘forward-thinking’ choice for an institution claiming to serve developing countries."

July 22, 2016 Ingrid Harvold Kvangraven
This week it became clear that the World Bank has chosen Paul Romer as its next Chief Economist. As Chief Economist he’ll have the overall responsibility of the Bank’s research program and be able to shape the

New School Economic Review
06/12/2016

New School Economic Review

06/12/2016
What’s Curiously Missing from the Wolfers Slides – New School Economic Review

Justin Wolfers recently posted slides declaring six tenets of modern economics "probably not true." Blog Editor Mike Isaacson insists that a seventh was mysteriously missing: microfoundations.

What’s Curiously Missing from the Wolfers Slides June 12, 2016 Mike Isaacson Once again, the New Keynesians are cherry-picking from post-Keynesian and Marxian critiques of economic theory. This time the subject is macroeconomics – the whole thing. Justin Wolfers out of the University of Michigan rec...

Blog Editor Mike Isaacson reviews NSSR PhD student Katherine Moos' work on the Lucas Critique and "policy nihilism"
06/02/2016
The Anxiety of Economics – New School Economic Review

Blog Editor Mike Isaacson reviews NSSR PhD student Katherine Moos' work on the Lucas Critique and "policy nihilism"

The Anxiety of Economics June 2, 2016 Mike Isaacson We live in especially anxious times. The past half-century has seen a decided turn away from public provisioning – a shift known as neoliberalism or the Washington consensus depending on what side of the Tropic of Cancer you live on. Certainly this...

Josh Brody just graduated from The New School. Last week he ran into former President Bill Clinton at at restaurant & en...
06/01/2016
Meet the Bernie Sanders Supporter Who Debated Bill Clinton for 30 Minutes at a New Mexico Restaurant

Josh Brody just graduated from The New School. Last week he ran into former President Bill Clinton at at restaurant & ended up debating him for 30 minutes. Check out why this young & bright Bernie Sanders supporter and New School alum is so critical of Clinton!

We end the show today in Santa Fe, New Mexico, where what was supposed to be a routine campaign stop for former President Bill Clinton turned into a 30-minute debate with a Bernie Sanders supporter. Clinton was campaigning for his wife, Democratic presidential candidate Hillary Clinton, when he stop...

Long read for your Sunday: Ebba Boye's comments at SCEPA's "The Future of Capitalism" with Yanis Varoufakis. Or just wat...
05/15/2016
Transcript: Comments on The Future of Capitalism – New School Economic Review

Long read for your Sunday: Ebba Boye's comments at SCEPA's "The Future of Capitalism" with Yanis Varoufakis. Or just watch the video. Whatever.

Transcript: Comments on The Future of Capitalism May 15, 2016 Ebba Boye I will start this talk by explaining where I come from. My background is from Norway, a tiny country in the outskirts of Europe, where the struggle to stay outside of the EU has been fought from the left. We fought against what…

NSER Associate Editor Douglas McDonald discusses the tensions between market reforms and environmental justice
05/01/2016
Climate Change & Class War – New School Economic Review

NSER Associate Editor Douglas McDonald discusses the tensions between market reforms and environmental justice

Climate Change & Class War May 1, 2016 Douglas McDonald This Thursday NSSR phd candidate Julia Puaschunder gave the oikos lunch presentation with a talk called “Intergenerational Justice: Climate Change Burden Sharing,” which suggested the possibility of using bonds to fund mitigation and adaptation…

This May Day we remember the riots that changed history.
05/01/2016
10 Riots That Challenged Injustice and Changed US History – New School Economic Review

This May Day we remember the riots that changed history.

10 Riots That Challenged Injustice and Changed US History December 4, 2014 Mike Isaacson, Ian Scott Howland, Oriol Vallès Codina and Erjola Zotkaj By Mike Isaacson, Ian, Oriol Vallès Codina, and Erjola Zotkaj There has been a lot of word vomit on social media denouncing property destruction and loot…

NSER editor Doug Mcd covered last week's Debating Development conference & asks: Is Development Possible In Capitalism?
04/29/2016
Is Development Possible In Capitalism? – New School Economic Review

NSER editor Doug Mcd covered last week's Debating Development conference & asks: Is Development Possible In Capitalism?

Is Development Possible In Capitalism? April 29, 2016 Douglas McDonald Last Friday was the Debating Development conference, organized by the titular scholars of INET’s Young Scholars Initiative, a group coordinated by NSSR’s own Ingrid Kvangraven. The conference put many scholars of different region…

Blog editor Mike Isaacson responds to Branko Milanovic's stance on immigration
04/22/2016
There’s No Migration Problem Amnesty Can’t Solve – New School Economic Review

Blog editor Mike Isaacson responds to Branko Milanovic's stance on immigration

There’s No Migration Problem Amnesty Can’t Solve April 22, 2016 Mike Isaacson On Wednesday, Branko Milanovic whose work deals mostly with quantifying global inequality wrote a piece about migration for the Financial Times. The piece, titled “There Is a Trade-Off Between Citizenship and Migration” be…

Blog editor Mike Isaacson on the tax the rich don't pay on money they did nothing to earn. It's not tax evasion - it's e...
04/17/2016
The Unearned Income Tax Credit – New School Economic Review

Blog editor Mike Isaacson on the tax the rich don't pay on money they did nothing to earn. It's not tax evasion - it's evasive taxation.

The Unearned Income Tax Credit April 14, 2014 Mike Isaacson It’s that time of the year again when each of us makes the most valiant attempt to eschew the social contract. For some, this means a hefty reward for hiding money in offshore accounts. For the rest of us, it means forking over a portion of…

Breaking News: David Van Zandt seeks to preserve own salary by issuing university currency.
04/01/2016
New School President Annoyed with Radical Graduate Students, Shuts Down the NSSR – New School...

Breaking News: David Van Zandt seeks to preserve own salary by issuing university currency.

New School President Annoyed with Radical Graduate Students, Shuts Down the NSSR April 1, 2016 NSER Editorial Board Angered that graduate students are unimpressed with his compromise of “it could be a lot worse,” David Van Zandt has filed for chapter 16 bankruptcy, a new provision allowing for venge…

03/05/2016
Video: Launch of NSER Vol. 8 & Discussion on Money, Power and Capitalism

Did you miss the event Tuesday? Don't worry: It was filmed! Watch the discussion between Paulo dos Santos and Ramaa Vasudevan here.

March 4, 2016: On March 1st 2016 The New School Economic Review celebrated the launch of its 8 volume with talks by Professors Ramaa Vasudevan (Colorado State University) and Paulo dos Santos (The New School)…

Cheers!
03/02/2016

Cheers!

Proud editors cutting cake :-)
03/02/2016

Proud editors cutting cake :-)

Proud editors with a freshly born economist and author in our new issue: Julia M. Puaschunder!
03/02/2016

Proud editors with a freshly born economist and author in our new issue: Julia M. Puaschunder!

The New School Economic Review Launch - Money, Power, and Capitalism.
02/26/2016
The New School Economic Review Launch - Money, Power, and Capitalism.

The New School Economic Review Launch - Money, Power, and Capitalism.

At a time of declining representation of critical thinking in economics, the New School Economic Review (NSER) strives to be a student-run journal with a content influenced by the history and tradition of the New School.

New School Economic Review
02/23/2016

New School Economic Review

02/19/2016
What’s Wrong with Heterodox Economics? – New School Economic Review

Check out executive editor of NSER Jose Coronado's thoughts on What's Wrong with Heterodox Economics!

What’s Wrong with Heterodox Economics? February 19, 2016 Jose Coronado A couple of days ago I was exposed to a piece by Randall Wray discussing some remarkable findings presented in a paper by Leonhard Dobusch and Jakob Kapeller. The paper discusses citation practices and their relationship with the…

02/14/2016
The Unearned Income Tax Credit – New School Economic Review

Since it came up at the #GOPDebate last night, here's blog editor Mike Isaacson on the capital gains tax.

The Unearned Income Tax Credit April 14, 2014 Mike Isaacson It’s that time of the year again when each of us makes the most valiant attempt to eschew the social contract. For some, this means a hefty reward for hiding money in offshore accounts. For the rest of us, it means forking over a portion of…

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