Research

Research Interests

Heterodox Microeconomics, Heterodox Theory of the Business Enterprise (production, investment, pricing, and financing), Market Governance, Market Regulation, Theory of Effective Demand, Social Welfare, Social Surplus Approach, Social Provisioning Process, History of Heterodox Economic Thought.

Published Works and Working Papers

Publications

  1. (Forthcoming) “Production and the Business Enterprise.” In The Elgar Encyclopedia of Institutional and Evolutionary Economics, edited by William Waller and Wolfram Elsner. Cheltenham, UK: Edward Elgar. [1st draft]
  2. (Forthcoming) “The Market System and the Public Sector: Rivals or Complements?” In Intermediate Macroeconomics: Theory, Policy and Competing Perspectives, Edited by Hassan Bougrine, Louis-Philippe Rochon and Mario Seccareccia. Cheltenham, UK: Edward Elgar. [Working paper version]
  3. (Forthcoming) “The Market System: Is It the Appropriate Allocative Mechanism?” In Intermediate Microeconomics: Theory, Policy and Competing Perspectives, edited by Hassan Bougrine, Louis-Philippe Rochon and Mario Seccareccia. Cheltenham, UK: Edward Elgar. [Working paper version]
  4. [2022] Heterodox Economics: Legacy and Prospects, edited by Lynne Chester and Tae-Hee Jo. World Economics Association Books.
  5. [2022] “Introduction: A New Era of Galvanization and Energization for Heterodox Economics,” co-authored with Lynne Chester, in Heterodox Economics: Legacy and Prospects, edited by Lynne Chester and Tae-Hee Jo. World Economics Association Books, pp. 57-111.
  6. [2022] “Heterodox Economics and Ideology,” in Heterodox Economics: Legacy and Prospects, edited by Lynne Chester and Tae-Hee Jo. World Economics Association Books, pp. 204-251. [Working paper version]
  7. [2022] “Evolutionary Political Economy,” in the Handbook of Alternative Theories of Political Economy, edited by F. Stilwell, D. Primrose, and T. Thornton, pp. 140-155. Cheltenham, UK: Edward Elgar.
  8. [2021] “A Veblenian Critique of Nelson and Winter’s Evolutionary Theory,” Journal of Economic Issues, 55 (4): 1101-1117. [Download a free eprint] [working paper version]
  9. [2021] “Veblen’s Evolutionary Methodology and Its Implications for Heterodox Economics in the Calculable Future,” Review of Evolutionary Political Economy, 2 (2): 277-295. [Working paper version]
  10. [2019] “The Institutionalist Theory of the Business Enterprise: Past, Present, and Future,” Journal of Economic Issues, 53 (3): 597-611. [working paper version]
  11. [2018] Microeconomic Theory: A Heterodox Approach, by Frederic S. Lee, edited by Tae-Hee Jo. London: Routledge.
  12. [2018] The Routledge Handbook of Heterodox Economics: Theorizing, Analyzing, and Transforming Capitalism, edited by Tae-Hee Jo, Lynne Chester, and Carlo D’Ippoliti. London: Routledge.
  13. [2018] “The State of the Art and Challenges for Heterodox Economics,” with Lynne Chester, and Carlo D’Ippoliti. In The Routledge Handbook of Heterodox Economics, edited by Tae-Hee Jo, Lynne Chester, and Carlo D’Ippoliti. London and New York: Routledge.
  14. [2018] “Social Provisioning Process: A Heterodox View of the Economy,” with Zdravka Todorova. In The Routledge Handbook of Heterodox Economics, edited by Tae-Hee Jo, Lynne Chester, and Carlo D’Ippoliti. London and New York: Routledge. [working paper version]
  15. [2018] “A Heterodox Theory of the Business Enterprise,” in The Routledge Handbook of Heterodox Economics, edited by Tae-Hee Jo, Lynne Chester, and Carlo D’Ippoliti. London: Routledge. [working paper version]
  16. [2016] “Frederic S. Lee and His Fight for the Future of Heterodox Economics.” PSL Quarterly Review, 69 (278): 267-278.
  17. [2016] “What if There Are No Conventional Price Mechanisms?” Journal of Economic Issues, 50 (2), 327-344.
  18. [2015] Marx, Veblen, and the Foundations of Heterodox Economics: Essays in Honor of John F. Henry, edited by Tae-Hee Jo and Frederic S. Lee. London: Routledge.
  19. [2015] Advancing the Frontiers of Heterodox Economics: Essays in Honor of Frederic S. Lee, edited by Tae-Hee Jo and Zdravka Todorova. London: Routledge.
  20. [2015] “Frederic S. Lee’s Contributions to Heterodox Economics,” with Zdravka Todorova, in Jo and Todorova, eds. 2015, pp. 1-18. [working paper version; Spanish translation in Revista de Economía Crítica]
  21. [2015] “Heterodox Microeconomics and Heterodox Microfoundations,” in Jo and Todorova, eds. 2015, pp. 97-114.
  22. [2015] “The Business Enterprise in the Age of Money Manager Capitalism,” with John F. Henry, Journal of Economic Issues, 49 (1): 23-46. [working paper version, “Take the money and run: The business enterprise in the age of money manager capitalism“]
  23. [2015] “Las contribuciones de Frederic S. Lee a la economía heterodoxa,” with Zdravka Todorova, Revista de Economía Crítica, 19, primer semestre, pp. 215-230.
  24. [2015] “Marx, Veblen, and Henry,” with Frederic S. Lee, in Jo and Lee, eds. 2015, pp. 1-15.
  25. [2015] “A Conversation with John F. Henry,” with Frederic S. Lee, in Jo and Lee, eds. 2015, pp. 298-320.
  26. [2015] “Frederic Sterling Lee (1949-2014),” Economic and Labour Relations Review, 26 (1): 157-159.
  27. [2015] “Financing Investment under Fundamental Uncertainty and Instability: A Heterodox Microeconomic View,” Bulletin of Political Economy, 9 (1): 33-54.
  28. [2013] “Saving Private Business Enterprises: A Heterodox Microeconomic Approach to Market Governance and Market Regulation,” American Journal of Economics and Sociology, 73 (2): 447-467; reprinted in Markets, Competition, and the Economy as a Social System, edited by Frederic S. Lee. Wiley-Blackwell. May.
  29. [2012] Special issue of On the Horizon, “Beyond Market-Fundamentalist Economics: An Agenda for Heterodox Economics to Change the Dominant Narrative,” On the Horizon, Vol. 20, No. 3. August. Co-edited with Lynne Chester and Mary King.
  30. [2012] “Beyond Market-Fundamentalist Economics: An Agenda for Heterodox Economics to Change the Dominant Narrative,” with Lynne Chester and Mary King, On the Horizon, 20 (3): 155-171.
  31. [2012] “Welfare Economics,” in The Elgar Companion to Post Keynesian Economics, 2nd edition, edited by John E. King, pp. 593-598. Cheltenham, UK and Northampton, USA: Edward Elgar.
  32. [2011] Heterodox Analysis of Financial Crisis and Reform, edited by Joelle Leclaire, Tae-Hee Jo, and Jane Knodell, Cheltenham, UK and Northampton, USA: Edward Elgar. March.
  33. [2011] “Introduction“ (with co-editors), in J. Leclaire, T-H. Jo, and J. Knodell, eds., pp. 1-8.
  34. [2011] “A Heterodox Microfoundation of Business Cycles,” in J. Leclaire, T-H. Jo, and J. Knodell eds. pp. 111-123.
  35. [2011] “Social Surplus Approach and Heterodox Economics,” with Frederic S. Lee, Journal of Economic Issues, 45 (4): 857-875.
  36. [2011] “Social Provisioning Process and Socio-Economic Modeling“, American Journal of Economics and Sociology, 70 (5): 1094-1116; reprinted in Social Provisioning, Embeddedness, and Modeling the Economy, edited by Frederic S. Lee, pp. 6-28. Wiley-Blackwell.
  37. [2010] Review of Welfare, Right, and the State: A Framework for Thinking, by David P. Levine, London & New York, Routledge, 2008, ISBN 0-415-77199-3, Review of Political Economy 22(3): 473-475.
  38. [2009] Review of Transforming Economics: Perspectives on the Critical Realist Project, Paul Lewis ed., 2004, London: Routledge, 311 pp., ISBN 0-415-36967-3, Review of Political Economy, 21 (1): 186-187.
  39. [2007] Microfoundations of Effective Demand, PhD dissertation, University of Missouri-Kansas City. Adviser: Professor Frederic S. Lee [Preview (Ch. 1)]
  40. [2007] “Heterodox Microfoundations: A Methodological Appraisal,” Journal of Interdisciplinary Research, 1 (1): 93-111.
  41. [2006] “Toward the Evolutionary Post Keynesian Theory of Business Enterprise,” Review of Social & Economic Studies, 27: 191-217, October. (in Korean)
  42. [2005] Review of The Open Economy and Its Financial Constraints by Penelope Hawkins, Edward Elgar 2003, Oeconomicus,  VII, 2004-2005.
  43. [2005] Review of Economic Justice and Democracy: From Competition to Cooperation, by Robin Hahnel, New York and London: Routledge, 2005, Heterodox Economics Newsletter, Issue 18, 10/26/2005
  44. [2005] “Neoliberalism as an Asocial Ideology and a Strategy in Education,” Forum for Social Economics, 35 (1): 37-58.
Dr. Tae-Hee Jo

Associate Professor
Economics and Finance Dept.
SUNY Buffalo State University
1300 Elmwood Ave.
Buffalo, NY 14222 USA

Spring 2024 Courses
- ECO320 Managerial Economics
- ECO404 & 604 Development Economics
- ECO507 Applied Microeconomic Theory

Spring 2024 Office Hours
Monday and Wednesday 4:30-5:30 PM

Book
Book
Book

The Routledge Handbook of Heterodox Economics (2017)

Book
Essays in Honor of Frederic S. Lee

Advancing the Frontiers of Heterodox Economics: Essays in Honor of Frederic S. Lee (2015)

Book
Marx, Veblen, and Foundations of Heterodox Economics

Marx, Veblen, and the Foundations of Heterodox Economics: Essays in Honor of John F. Henry (2015)

Book
Heterodox Analysis of Financial Crisis and Reform (2011)

Heterodox Analysis of Financial Crisis and Reform (2011)