News and Notes

New book explores Chicago economics

New book explores Chicago economics

Two Center Fellows and a participant in the 2011 HOPE conference have produced an edited volume of essays on the economics department at the University of Chicago. The book, which is titled Building Chicago Economics: New Perspectives on the History of America's Most Powerful Economics Program, represents, according to the publisher's website, "the first collective attempt by social science historians to chart the rise and development of the Chicago School during the decades that followed the Second World War." The book, which was published by Cambridge University Press in 2011, was edited by Rob Van Horn, a 2008-9 Fellow of the Center; Philip Mirowski, a 2011-12 Fellow fo the Center; and Thomas A. Stapleford, who participated in the 2011 HOPE conference on observation. For more on Building Chicago Economics, please click here.

Former HOPE Center Fellow publishes book on neoliberalism in Britain

Former HOPE Center Fellow publishes book on neoliberalism in Britain

Chris Payne, who spent 2009-10 as a Fellow of the HOPE Center, has published The Consumer, Credit, and Neoliberalism: Governing the Modern Economy (Routledge, 2011). According to the publisher's website, the book is "an investigation into the economic policy formulation and practice of neoliberalism in Britain from the 1950s through to the financial crisis and economic downturn that began in 2007-8." Chris traces the conception of the consumer held by economists such as Milton Friedman and Friedrich Hayek and how that conception influenced economic policymaking. Click here for more on the book. Congratulations Chris!

Stefan Kolev, 2010-11 Visitor, awarded PhD

Stefan Kolev, 2010-11 Visitor, awarded PhD

Stefan Kolev, a 2010-11 HOPE Center Visiting Scholar, was awarded his PhD in October 2011 from the University of Hamburg, where the last chair officially dedicated to history of economic thought in Germany is located. His dissertation, “Neoliberal Ideas on the State: The Role of Government in Economic Policy in the Oeuvre of Walter Eucken, Friedrich August von Hayek, Ludwig von Mises and Wilhelm Röpke,” contains three comparative studies of the political economy of neoliberalism, focusing his attention on the role of government in German ordoliberalism and the Austrian School. In his work he formulates four abstract pictures of the authors’ notion of government embedded in the respective theory of order, subsequently showing how these abstract “leitmotifs” translate into concrete proposals for economic policy and how the variety of recommended policy options evolves over time.


Recent publications by Center Fellows and Visitors

Recent publications by Center Fellows and Visitors

Jason Antrosio, a student in the 2010 Summer Institute, has published "Anthropology and the Economists without History" in anthropologies. Jason is a professor of anthropology at Hartwick (N.Y.) College.

"Industrial Symbiosis: Old Wine in Recycled Bottles? Some Perspective from the History of Economic and Geographical Thought," by Pierre Desrochers and Samuli Leppälä, was published in the July 2010 issue of the International Regional Science Review. Pierre was a Fellow of the Center in 2009-10, and Samuli was a Visitor in 2010-11. Pierre also published "Arguments contre la souveraineté alimentaire et l'agriculture de proximité: Essai de synthèse historique," written with Hiroko Shimizu, in the October 5th, 2010, issue of Possibles. His book, The Locavore's Dilemma: In Praise of the 10,000-Mile Diet (also written with Hiroko Shimizu), is being published later this year by PublicAffairs.

Hansjoerg Klausinger's "Hayek's Geldtheoretische Untersuchungen: New Insights from a 1925-29 Typescript," was published in 2011 in the European Journal of the History of Economic Thought. A second article, "The Austrian School of Economics and Its Global Impact," was published in volume 20 of Comtemporary Austrian Studies. Hansjoerg was a Fellow of the Center in 2008-9.

Aladár Madarász, a Senior Research Fellow in 2010, published in 2011 "Bubbles and Myths, Crises and Explanations II: The South Sea Company" in Kozgazdasagi Szemle, a Hungarian-language journal.

John D. Singleton, a student in the 2011 Summer Institute, published "'Money Is a Sterile Thing': Martin Luther on the Immorality of Usury Reconsidered" in the winter 2011 issue of HOPE. A link to the abstract may be found here. John is currently a PhD student in the Department of Economics at Duke University.

Rob Van Horn published two articles recently. "Chicago Neoliberalism versus Cowles Planning: Perspectives on Patents and Public Goods in Cold War Economic Thought," written with Matthias Klaes, appeared in 2011 in the Journal of the History of the Behavioral Sciences. "Harry Aaron Director: The Coming of Age of a Reformer Skeptic," was published in the winter 2010 issue of HOPE.

Danilo Ramalho da Silva, 2010-11 Fellow, awarded PhD

Danilo Ramalho da Silva, 2010-11 Fellow, awarded PhD

Danilo Ramalho da Silva, a 2010-11 HOPE Center Fellow, was awarded his PhD in December 2011 from the University of Sao Paulo, in Brazil. His dissertation, "Three Approaches to Unemployment: Theoretical, Empirical, and History of Ideas," consisted of four chapters, including one that investigated the work of Robert Lucas, Edmund Phelps, and Milton Friedman on the natural rate of unemployment. Among other things, his thesis concluded that the works of Robert Lucas from the early 1970s stabilized the concept of the natural rate of unemployment in the postwar economic literature by introducing the rational expectations hypothesis into a general equilibrium framework. Danilo's dissertation advisor was Pedro Garcia Duarte, a frequent visitor to Duke and the Center and who graduated from Duke with a PhD in economics in 2007.

PhD awarded to Samuli Leppala, a 2010-11 Visitor

PhD awarded to Samuli Leppala, a 2010-11 Visitor

Samuli Leppälä, a HOPE Center Visitor during 2010-11, has completed his PhD studies at the Turku School of Economics. His dissertation, titled "Essays in the Economics of Knowledge," consists of five articles: "An Epistemological Perspective on Knowledge Transfers: From Tacitness to Capability and Reliability"; "Knowledge as a Public Good: The Optimal Level of Excludability"; "Hayek on Prices and Knowledge: Supplementing 'The Use of Knowledge in Society' with The Sensory Order"; "The Division of Labor Need Not Imply Regional Specialization," written with Pierre Desrochers, a 2009-10 Fellow of the Center; and "Opening Up the 'Jacobs Spillovers' Black Box: Local Diversity, Creativity, and the Processes Underlying New Combinations," also written with Pierre Desrochers. Three of the articles have already been published.

The Turku School of Economics is a unit of the University of Turku and is located in Turku, Finland.

William ("Sandy") Darity awarded the NEA's highest honor

William ("Sandy") Darity awarded the NEA's highest honor

William ("Sandy") Darity, who has published several articles in HOPE on the history of macroeconomics, has been given the 2012 National Economic Association's Samuel Z. Westerfield Award. The award recognizes an African-American economist who has distinguished himself or herself through scholarly research, professional achievement, contributions to government, and/or service to the community. Sandy is a professor of public policy, African and African American Studies, and economics at Duke University. For more, please click here.

HOPE paper wins award

HOPE paper wins award

A paper that will appear in the summer 2012 issue of HOPE has has been awarded the Haralambos Simeonides Prize by the Brazilian Economic Association. The paper, "Furtado and the Structuralist-Monetarist Debate on Economic Stabilization in Latin America," was written by Mauro Boianovsky. The prize is awarded to the best paper in economics by a Brazilian scholar.

Bruce Caldwell, the director of the Center, discusses Hayek on NPR

Bruce Caldwell, the director of the Center, discusses Hayek on NPR

Bruce Caldwell, the director of the Center, discussed Friedrich Hayek in a feature story on NPR broadcast on November 15, 2011. The story (click "Read more" to hear it), by Tamara Keith, featured Bruce and Don Boudreaux of George Mason University. In the story, Bruce comments on the significance of Hayek's Road to Serfdom.

Good news for Center Fellows

Good news for Center Fellows

Jose Edwards, a fellow of the Center for 2010-2011, has joined the Government School of Adolfo Ibáñez University, in Santiago, Chile, as Assistant Professor. Jose is the author, along with Sophie Pelle, of "Capabilities for the Miserable; Happiness for the Satisfied," available as Center working paper 2011-05, and his paper titled "Observing Attitudes, Intentions, and Expectations (1945-1973)" will appear in the 2012 supplemental issue of HOPE.

Tiago Mata, a fellow of the Center for 2010-2011, has been awarded a 5-year grant by the European Research Council, Starting Grant programs. In spring 2012 he will join the Department of History and Philosophy of Science at the University of Cambridge to administer the grant. The title of his project is "Economics in the Public Sphere: USA, UK, France, Poland and Brazil since 1945." Tiago is one of the organizers of the 2012 HOPE conference, "The Economist as Public Intellectual."

Teresa Tomas Rangil, a fellow of the Center in the Fall of 2011, will join the University of Oxford's Faculty of History in spring 2012 as a two-year postdoctoral fellow to work on a project titled "War, Peace and Poverty in the 20th Century." Her article titled "Conflict as 'Normal Economic Activity': The Contribution of Jack Hirshleifer, 1925-2005," appears in the winter 2011 issue of HOPE. Her paper titled "The Politics of Neutrality: UNESCO's Social Science Department, 1946-1956," is available as Center working paper 2011-08. Rangil's thesis "The Role of Self-Interest and Rationality in the Explanation of International and Civil Wars, 1942-2005" was awarded the Joseph Dorfman Best Dissertation Prize at the 2011 History of Economics Socirty meetings.

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