October 29-31, 2014. Faculty of Economics of the National Autonomous University of Mexico, Ciudad Universitaria campus | website
Theme: Competition, innovation investment and financial structure
The economic and financial crisis worldwide has led to a strong challenge to economic policy and economic theory behind it, however, the discussion and debate in the international academic community, requires a careful and thorough analysis of the economic theory fundamentals and microeconomic theory in particular. The overall theme of reflection in this seminar is Heterodox Microeconomics and in particular Competition, investment in innovation and financial structure.
The plurality gives rise to knowledge that transcends the monopoly of a partial view of the world and its workings, offers alternatives for the student and specialist economy can think and choose between different ways of understanding the economic process, one that considers most appropriate. The plurality in the content and teaching of microeconomics among other qualities can develop research capacity and knowledge of students who are training in our universities. In this 5th International Seminary Heterodox Microeconomics, we are looking to put on the table of discussion the monopoly of neoclassical microeconomics.
In the different faculties and schools of economics at the universities of Mexico and the world, academics and researchers are committed to reflection and processing our experience in teaching and research in microeconomics, which is expressed in a continuous review of the content and methods of teaching, this is the reason why we want to invite the community of scholars interested to contribute essays and papers the 5th International Seminary on Heterodox Microeconomics.
There were three sessions honoring Fred Lee’s contributions to Post Keynesian and Heterodox Economics (see session information in the previous post). Fred also presented at the conference. Watch the following videos.
September 25-27, 2014. University of MIssouri-Kansas City.
There will be three sessions honoring Professor Frederic S. Lee. They are:
Friday, 10:30 – 11:45 AM: Room 302A: Graduate Student Panel in Honor of Fred Lee
Moderator: Drew Westberg
- Christian Spanberger: Scarcity, Environmental Resources, and the Heterodox Production Model
- Drew Westberg: Towards a Heterodox Theory of the Spatial Economy
- Mitch Green: Of Railroads and Finance: The Making of Market Society in the Pacific Northwest
- Nicola Matthews: Modeling the Classical Surplus Approach: Contributions to the Heterodox Tradition
Saturday, 10:30 – 11:45 AM: Room 302A: Heterodox Microeconomics and Social Provisioning: A Session in Honor of Fred Lee
Moderator: Zdravka Todorova
- Zdravka Todorova: Culture-Nature Processes and Social Provisioning
- Tae-Hee Jo: Heterodox Microeconomics and Heterodox Microfoundations
- Gyun Gu: A Post Keynesian View of Price Stability
- Eric Dean: Market Equities and the Going Enterprise
- Tuna Baskoy: Social Provisioning Process, Market Instability, and Managed Competition
Saturday, September 27, 4:00 – 5:15 PM: Room 302A: Connecting Approaches in Heterodox Economics: A Session in Honor of Fred Lee
Moderator: Zdravka Todorova
- John Henry
- Gary Mongiovi
- Marc Lavoie
- Jan Kregel
Following materials are from Frederic Lee’s personal collection.
- Alfred S. Eichner, Curriculum Vita, January 1988.
- “Alfred S. Eichner Obituary,” New York Times, Feb. 13, 1988.
- Eichner, A. S. 1968. “Business and the Market Mechanism,” in The Business of America, edited by Ivar Berg, pp. 167-200. New York: Harcourt, Brace & World
- Eichner, A. S. 1968. “Public Policy for Growth,” in Manpower Strategy for the Metropolis, edited by Eli Ginzberg and The Conservation of Human Resources Staff, Columbia University, pp. 262-291. New York and London: Columbia University Press.
- Eichner, A. S. 1970. State Development Agencies and Employment Expansion. Policy Papers in Human Resources and Industrial Relations 18. Ann Arbor: University of Michigan Press.
- Eichner, A. S. 1971. “Monopoly, the Emergency of Oligopoly and the Case of Sugar Refining: A Reply,” Journal of Law and Economics, 14 (October): 521-527.
- Eichner, A. S. 1973. “A Theory of the Determination of the Mark-up under Oligopoly,” Economic Journal, 83 (December): 1184-1200.
- Eichner, A. S. 1973. “Human Resources Planning,” in New York is Very Much Alive: A Manpower View, edited by Eli Gizberg and The Conservation of Human Resources Staff, Columbia University, pp. 247-309. New York: McGraw-Hill.
- Eichner, A. S. 1974. “Determination of the Mark-up under Oligopoly: A Comment,” Economic Journal, 84 (December): 967-980.
- Eichner, A. S. 1975. “The Megacorp as a Social Innovation and Business History,” Business and Economic History: Proceedings of Business History Conference, vol. 4: 46-66.
- Eichner, A. S. 1975. “A Theory of the Determination of the Mark-up under Oligopoly: A Further Reply,” Economic Journal, 85 (March): 149-150. (also DeLorme and Rubin’s comment, pp. 148-149).
- Eichner, A. S. 1977. “The Geometry of Macroeconomic Balance,” Australian Economic Papers, 16 (28): 53-71.
- Swann, D. 1977. Review of The Megacorp and Oligopoly by Alfred S. Eichner, Economic Journal, 87 (June): 362-364.
- Marris, R. 1977. Review of The Megacorp and Oligopoly by Alfred S. Eichner, Journal of Economic Literature, 15 (4): 1340-1343.
- Eichner, A. S. 1978. Review of Studies in Pricing by P. W. S. Andrews and Elizabeth Brunner, Journal of Economic Literature, 16 (4): 1436-1438.
- Eichner, A. S. 1979. “‘An Anthropogenic’ Approach to the Labor Market,” Eastern Economic Journal, 5 (3): 349-366.
- Eichner, A. S. 1979. “New Approach on Inflation,” New York Times, July 25.
- Eichner, A. S. 1979. “Stagflation: the Worst of Two Worlds,” New York Times, May 27.
- Eichner, A. S. 1980. “The Post-Keynesian Interpretation of Stagflation: Changing Theory to fit the Reality,” U.S. Congress, Joint Economic Committee, Stagflation: The Causes, Effects and Solutions, Special Study on Economic Change, December. Pp. 38-66.
- Forman, L. and A. S. Eichner. 1980. “A Post-Keynesian Short-Period Model: Some Preliminary Econometric Results,” Center for Economic and Anthropogenic Research, SUNY-Purchase, Working Paper No. 4, May.
- Eichner, A. S. 1981. “Expectations in Economics,” U.S. Congress, Joint Economic Committee, Expectations and the Economy, Government Printing Office, December. Pp. 113-118.
- Eichner, A. S. 1982. “The Micro Foundations of the Corporate Economy,” Center for Economic and Anthropogenic Research, Working Paper No. 11. December.
- Eichner, A. S. 1985. “The lack of progress in economics,” Nature 313 (Feb): 427-428; and P. Dasgupta and F. Hahn. 1983. “To the defense of economics,” Nature 317 (October): 589-590.
- Eichner, A. S. 1986. Letter to Nature (on 1985 article)
- Eichner, A. S. 1986. “The lack of progress in economics: Rejoinder.”
- Eichner, A. S. 1987. Instructor’s Manual for Macrodynamics of Advanced Market Economies. Unpublished.
- Eichner A. S. nd. “Monopolistic Practices and Competition.”
- Eichner, A. S. and E. M. Ochoa. 1988. “The Structure of Industrial Prices,” paper presented at the ASSA annual meetings, New York City, December 28.
- Tributes in the Memory of Alfred S. Eichner, edited by Frederic S. Lee, 1991 [Aaron Warne, Eli Ginzberg, Richard Bartel, Myron Sharpe, Frederic S. Lee, Len Forman, Miles Groves, Toshio Ogata, William Milberg, Paul Davidson, Philip Arestis, Roy Rotheim, and Jan Kregel]
Frederic S. Lee. “The Role of Micro in Heterodox Economics: A View of a Heterodox Micro Theorist,” Presented at the Association for Heterodox Economics Annual Conference, University of Greenwich, London, UK. July 3, 2014. [click on link to download presentation slides]
Dear Friends, Colleagues, and Heterodox Economists,
Fred Lee has been a driving force of heterodox economics movements over the past 30 years. He played a major role in establishing the Association for Heterodox Economics, founded and edited the Heterodox Economics Newsletter, edited the American Journal of Economics and Sociology, has been actively involved in heterodox associations such as AFEE, AFIT, AHE, ASE, EAEPE, HES, ICAPE, URPE, and so on. His activities and contributions are truly community-oriented and self-sacrificing. Above all, Fred has always been concerned about students since they will be the future of heterodox economics.
As some of you already know, Fred will soon retire due to an unexpected illness. In the face of uncertain life conditions, Fred and his wife, Ruth, have recently established the Heterodox Economics Scholarship Fund, which is designed to financially support doctoral heterodox economics students. The Scholarship is open to all doctoral students studying in a heterodox economics program, although currently preference is given to UMKC doctoral students due to the limited amount of funds.
We are sending out this call for contributions with the hope that you share Fred’s “good-will” and make a contribution to this Fund so that more heterodox economics students can complete their studies successfully. Moreover, if you believe you are indebted to Fred for his many contributions, contribute to the Frederic S. Lee Heterodox Economics Scholarship Fund and support students.
To learn more about the Fund, visit here: http://www.gkccf.org/scholarships/frederic-s-lee-heterodox-economics-scholarship-fund
To make a contribution, visit here: https://gkccfonlinedonations.org/give/leeh00.asp
Should you have any questions, please contact us.
John F. Henry
University of Missouri-Kansas City
SUNY Buffalo State
Studies in the Origins and Development of Growth Theory, 1925 – 1950
D. L. Clark
University of Sydney
An extremely important dissertation that starts with Quesnay and Marx, deals with Leontief, Dmitriev, and Bortkiewicz, goes on to Austrian capital theory, Fritz Burchardt, and the Kiel School, and ends with Hobson, Ayres, and Adolph Lowe. This dissertation was extremely novel at the time it was written and remains so today since most heterodox economists have no idea who Burchardt, Lowe, and the Kiel School were. (Frederic S. Lee)
[Unfortunately the microfilm copy of the dissertation is not very good, so it will take some straining to read the dissertation.]
Table of Contents
(a) On Historical Studies in Development
(b) On Growth Theory
(c) Aims and Scope of the Thesis
(a) The Tableau Economique of Francois Quesnay
(b) Dynamic Aspects of the Tableau Economique
(c) The Reproduction Models of Karl Marx
(d) The Tableau Economique and the Reproduction Models
(a) The Tableau Economique and Leontief’s Tableau
(b) Marx and Leontief
(c) Leontief and the Soviet Experiments with Input-Output Tables in the 1902s
(d) From Physiocracy to Walrasian General Equilibrium Theory: The Influence of A. N. Isnard
(e) Leontief and the Kiel School
(a) Some Limitations of Input-Output Analysis
(b) An Outline of the Transformation Problem
(c) Solutions to the Transformation Problem: the Contributions of V. K. Dmitriev and L. von Bortkiewicz
(d) An Essential Digression: the ‘Classical’ Growth Model of J. von Neumann
(e) The Impact and Continuing Significance of the Transformation Problem
(a) The Austrian Theory of Capital: Eugen von Böhm-Bawerk’s Theory of Capital
(b) Knut Wicksell’s Revision of Böhm-Bawerk’s Theory of Capital
(c) The 1930s Controversies: F. A. Burchardt’s Critique of Austrian Capital Theory
(d) The Demise of the Kiel Tradition
(a) Thorstein Veblen
(b) J. A. Hobson
(c) C. E. Ayres and B. S. Keirstead
(d) S. Merlin
(e) Adolph Lowe
(a) Soviet Dynamics of the 1920s: The Feldman Model
(b) A Polish Marxist: Michal Kalecki
(c) Japanese Experiments with the Reproduction Models
(d) A Related Swedish Model: G. Cassel’s Model of a Regularly Expanding Economy