The Center for the History of Political Economy

Duke University

2008-2014 Highlights

The Center for the History of Political Economy began operation in Fall 2008 funded by a grant from the John W. Pope Foundation. The Center has subsequently received funding from a variety of foundations, including the Earhart Foundation, the Institute for New Economic Thinking, the National Endowment for the Humanities, and the Thomas Smith Foundation.

The mission of the Center is to promote and support the teaching of, and research in, the history of economics. Our success in fulfilling that mission has been documented in annual reports. Sometimes, however, it makes sense to step back and view the accomplishments of the Center from a longer run perspective. This report offers such a perspective.

HOPE Faculty

There are five faculty members currently at Duke who specialize in the history of economic thought: Bruce Caldwell, Neil De Marchi, Craufurd Goodwin, Kevin Hoover, and Roy Weintraub. The Center is directed by Bruce Caldwell. He is greatly assisted in his work by the other HOPE faculty, as well as by Angela Zemonek, the Center Administrative Assistant, and Paul Dudenhefer, the General Manager of the journal History of Political Economy.

HOPE faculty members are active in both teaching and research, as will be demonstrated below. In the teaching section, some of the courses within the history of political economy that each faculty member teaches are described. This is followed by a summary of each professor’s recent research activity.

HOPE Faculty – Teaching

HOPE faculty members teach a variety of undergraduate courses that deal with the history of economics. Occasionally graduate level modules are also offered in either the history of modern microeconomics (Weintraub) or macroeconomics (Hoover). Graduate students are also permitted to enroll in advanced level undergraduate courses, where they do extra work to earn graduate credit. Individually-tailored Independent Studies may be offered to students who arrange such classes directly with one of the professors.

The HOPE professors regularly get some of the best student evaluations in the economics department. This is well-recognized: for example, Roy Weintraub was honored for his teaching by being chosen as the

1 faculty member to address the graduating seniors at the May 2014 economics department graduation ceremony.

It should be noted that Craufurd Goodwin is now emeritus (though to our good fortune he continues to offer one class each year), and that Neil De Marchi and Roy Weintraub will both retire at the end of the 2014-2015 academic year.

Bruce Caldwell

Since coming to Duke in 2008 Bruce has taught two courses on a regular basis.

“Freedom and Markets: The Clash of Economic Ideas” is one of four courses that comprise the “Visions of Freedom” Focus Cluster. The Duke Focus Program is a distinctive experience aimed at first semester freshmen. Students enroll in interdisciplinary clusters, live in the same dormitory, and in addition to their small group seminars meet each week as a whole together with the faculty to hear guest speakers and share a common meal. The Visions of Freedom Cluster also takes a field trip to Washington DC to explore various parts of the nation’s capital. In his course Bruce explores the ideas of writers from across the ideological spectrum, from Adam Smith and Thomas Robert Malthus to Karl Marx and Friedrich Engels, from Joseph Schumpeter and Friedrich Hayek to the American Institutionalists and John Maynard Keynes.

“Hayek and the Austrian Tradition” is an upper level exploration of the ideas and times of the Nobel laureate and social theorist Friedrich A. Hayek. Bruce places Hayek’s work within the context of the development of the Austrian school of economics, and shows how their ideas were shaped by intellectual battles with a variety of opponents, among them the German historical school economists, Austro-marxists, and positivists. Hayek’s many contributions are identified, and placed within the debates of his times. The contemporary relevance of the Austrian viewpoint is also explored. As a leading Hayek scholar Bruce also introduces the students to how a professor undertakes research on his subject.

Neil De Marchi

Neil teaches two courses, each of which focuses on an aspect of 18th century thought.

“Economics, Society, and Morality in 18th Century Thought” explores eighteenth-century topics that have a modern counterpart, chiefly (a) the relationship between self-interest, the formation of a liberal society, and the role of economic incentives; and (b) the relationship of the passions, sociality, civic virtue, and common moral sensibilities in the formation of taste and opinion. Some of the writers whose texts are brought to bear are Bacon, Newton, Shaftesbury, Mandeville, Hutcheson, Hume, Smith, Hogarth, Burke, Cato's Letters, the Federalist Papers, and Jane Austen. The course is co-taught with Ruth Grant, a professor in the political science department, with the goal of integrating economic and political science perspectives.

“Adam Smith and the System of Natural Liberty” investigates the writings of Adam Smith through close readings of The Wealth of Nations and The Theory of Moral Sentiments, as well as selections from

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Mandeville, Hutcheson, Hume, Quesnay, Turgot, and Bentham. The class focuses on explicating eighteenth-century views of the nature of society and the origins of prosperity, the luxury debate, and the links between natural philosophy (including medical thought) and moral philosophy.

Craufurd Goodwin

Craufurd has long taught the standard survey course on “The History of Economic Thought” as well as a variant of the course, which he titles “The Uses of Economics.” In the latter students are introduced to seven “ways of seeing” the economic world and then confront these while assessing a variety of current policy issues.

In addition Craufurd teaches “Economics and the Bloomsbury Group.” The class examines economics in society by exploring in depth the place of the discipline in the affairs of the Bloomsbury Group, a remarkable association of artists and intellectuals whose lives spanned the first half of the 20th century. The best-known central figures were Virginia and Leonard Woolf, E. M. Forster, Clive Bell, Desmond McCarthy, Lytton Strachey, John Maynard Keynes, Duncan Grant, Vanessa Bell, and Roger Fry. Economic ideas were sprinkled widely throughout the Bloomsbury Group's output: in Keynes’ many contributions, in the creative writings of Virginia Woolf and Forster, in the essays of Clive Bell and Desmond McCarthy, even in the works of art. Students in the seminar come to grips with economics as an influential discipline in society, to see how the subject looks when embedded in the humanities and the arts as well as in politics. Having collected for decades, Craufurd has the largest American collection of Bloomsbury art and is an expert on both the art and the group that created it.

Kevin Hoover

Kevin teaches in two very different areas.

His “History of Modern Macroeconomics: From Keynes to the Present” is an examination of some of the key developments in macroeconomics from the 1930s through the 1980s. Topics include the theory of unemployment in the Great Depression; growth theory and the rise of business cycle modeling in the aftermath of World War II; the tradeoff between inflation and unemployment debate in the 1950s and ‘60s; the debate over monetarism in the age of stagflation; and the rise of the New Classical Macroeconomics in its aftermath.

Kevin has a joint appointment in the economics department and the philosophy department, so he also teaches “The Philosophy and Methodology of Economics.” The course introduces students to discussions of scientific methodology and the philosophy of science with a focus on applications to economics. Topics include classic contributions of economists and philosophers to the methodological literature, among them Milton Friedman, Paul Samuelson, and Karl Popper, as well as a variety of recent discussions of topics at the intersection of philosophy and economics, such as the use of models, causality, reductionism, and realism.

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Roy Weintraub

Roy’s class “The History of Modern Economics” explores the ways, and the history of how, a broad and varied set of approaches and practices early in the 20th century evolved, by late in the 20th century, into a single mainstream (now called neoclassical economics or some such variant), and a variety of marginalized discourses mostly critical of neoclassical economics. The course is a “research and writing intensive” class. Limited to twelve students, it meets twice a week. The first session is a discussion of that week’s readings. The second meeting is a tutorial. Roy meets with six pairs of students, each pair working on a research topic that requires utilizing archival materials housed in the Economists’ Papers Project. Roy works closely with the university archivist to ensure that the students learn how to use an archive effectively. A number of student papers have subsequently been published or received honors for their quality.

Roy’s second class is “Keynes in Context.” The seminar-style class examines the life and work of John Maynard Keynes, tracing his youth in Victorian Cambridge, and the important influences of the philosopher G. E. Moore and the Apostles, and of the economist Alfred Marshall. These set the stage for an exploration of Keynes’ role as a government advisor, journalist, teacher, and economist. The seminar studies, in addition to his economics writings, his connections with the Bloomsbury Group and his non- economic writings, both political and biographical. The emergent focus is Keynes’ General Theory of Employment, Interest and Money, its intellectual background, and its consequences.

HOPE Faculty – Research

Bruce Caldwell

In addition to serving as Director of CHOPE, Bruce is the General Editor of the book series, The Collected Works of F. A. Hayek. He also holds the Ludwig Lachmann Research Fellowship at the London School of Economics (2012-2015). Funds from the Fellowship have been used to finance travel to gather materials (archival trips, interviews, family correspondence) for an authorized biography of F. A. Hayek, which he has begun to write. Other recent contributions include:

“F. A. Hayek, the Economic Calculus, and the Market Order,” submitted.

“Hayek’s Nobel Prize,” in progress, for a conference in October 2014 to celebrate the 40th anniversary of his receipt of the Prize.

(with Leon Montes) “Hayek’s Two Trips to Chile,” Review of Austrian Economics, forthcoming.

The Market and Other Orders, volume 15 of The Collected Works of F. A. Hayek. Chicago: University of Chicago Press, 2014.

“Of Positivism and the History of Economic Thought,” Southern Economic Journal, vol. 79, 2013 [Presidential address]

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Neil De Marchi

Neil will direct with Marina Bianchi the 2015 HOPE conference on “Psychology and Economics: The Early History.” In addition to giving talks on the art market to various groups (e.g., Skate’s Index and Sotheby’s Institute, London, May 2013, at a conference on “Trust and Transparency in Art Markets”), recent contributions include:

(with Hans J. Van Miegroet and Sandra van Ginhoven) “Supply-Demand Imbalance in the 17th Century Antwerp Paintings Market,” in Neil De Marchi and Sophie Raux (eds), Moving Pictures: The European Trade in Imagery, 1400-1800. Turnhout: Brepols, 2014. [This volume is the outcome of a five-year long team project, funded by French sources and involving 14 economists, art historians and social historians. Neil is the lead editor of the volume.]

(with Hans J. Van Miegroet) “Containing uncertainty: a dealer ring in 1780-s Paris auctions,” in Anna Dempster (ed), Risk and Uncertainty in Art Markets. London: Bloomsbury, 2014.

Craufurd Goodwin

Though officially Emeritus since 2012, Craufurd continues to edit the Cambridge University Press book series, Historical Perspectives on Modern Economics. Recent scholarly contributions include:

Walter Lippmann, Public Economist. Cambridge: Harvard University Press, 2014.

"On Editing the History of Political Economy," in Michael Szenberg and Lall Ramrattan (eds), Secrets of Economics Editors Boston: MIT Press, 2014.

“Walter Lippmann: The Making of a Public Economist,” History of Political Economy, annual supplement to volume 45. Durham: Duke University Press, 2013.

"The First Globalization Debate: Crusoe vs Gulliver," Revista dell' Associazione Rossi-Doria, vol. 3, 2011.

Kevin Hoover

Since 2010 Kevin has served as the Editor of History of Political Economy, the premier field journal in the history of economics which has been published at Duke since 1969. He also is the editor of 2 SSRN e-journals, “Philosophy and Methodology of Economics” and “History of Economics.” Recent contributions include:

“Reductionism in Economics: Causality and Intentionality in the Microfoundations of Macroeconomics, keynote paper for a conference on “Reduction and Emergence in the Sciences” at Ludwig-Maximillian University, Munich, Germany, 14-16 November 2014. “The Ontological Status of Shocks and Trends in Macroeconomics,” Synthese, forthcoming. (with Katarina Juselius) “Trygve Haavelmo's Experimental Methodology and Scenario Analysis in a Cointegrated Vector Autoregression,“ Econometric Theory, forthcoming.

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(with Mauro Boianovsky) “In the Kingdom of Solovia: The Rise of Growth Economics at MIT, 1956-1970,” History of Political Economy, annual supplement to vol. 46. Durham: Duke University Press, 2014. “On the Reception of Haavelmo's Econometric Thought,” Journal of the History of Economic Thought, vol. 36, 2014. “The Role of Hypothesis Testing in the Molding of Econometric Models,“ Erasmus Journal for the Philosophy of Economics, vol. 6, 2013. “Identity, Structure, and Causal Representation in Scientific Models,” in Hsiang-Ke Chao, Szu-Ting Chen, and Roberta Millstein, editors. Towards the Methodological Turn in the Philosophy of Science: Mechanism and Causality in Biology and Economics, Dordrecht: Springer, 2013, pp. 35- 60. E. Roy Weintraub

Roy directed the 2013 HOPE conference and edited the resulting volume, MIT and the Transformation of American Economics. Durham: Duke University Press, 2014. Other recent contributions include:

(with Till Düppe) Finding Equilibrium: Arrow, Debreu, McKenzie and the Problem of Scientific Credit. Princeton: Princeton University Press, 2014.

(with Till Düppe) “Sitting the New Economic Science: The Cowles Commission’s Activity Analysis Conference of June 1949,” Science in Context, vol. 27, 2014.

“Keynesian Historiography and the Anti-Semitism Question,” History of Political Economy, vol. 44, 2012.

“Lionel W. McKenzie and the Proof of the Existence of a Competitive Equilibrium,” Journal of Economic Perspectives, vol. 25, 2011.

Economists’ Papers Project

A cooperative effort of the Duke HOPE Group and the David M. Rubenstein Rare Book and Manuscript Library, the Economists' Papers Project is a world-class collection of the academic papers of important economists of the past and present. The archive comprises the letters, manuscripts, drafts, and other work products of more than forty distinguished economists, mostly from the 20th century, including the academic papers of eleven Nobel prize winners (Kenneth Arrow, Leonid Hurwicz, Lawrence Klein, Robert Lucas, Franco Modigliani, Douglass North, Alvin Roth, Paul Samuelson, Robert Solow, and Vernon Smith as well as, on microfilm, the papers of F. A. Hayek). Other notable economists whose papers are in the collection are Arthur Burns, Bob Clower, Nicholas Georgescu-Roegen, Juanita Kreps, Axel Leijonhufvud, Carl Menger, Oskar Morgenstern, Don Patinkin, Anna Schwartz, and Tibor Scitovsky. It is also the official

6 repository of the papers of the American Economic Association and of the editorial records of History of Political Economy. The Project is actively engaged in acquiring new collections, as well organizing and cataloging existing collections.

For the past four summers, the Center has run a Summer in the Archives Program, in which junior scholars are brought to Duke for two months to work alongside professional archivists processing and cataloging papers in the Economists’ Papers Project collections.

HOPE Conferences

Since its inception 1969, History of Political Economy, widely regarded as the top field journal in the history of economics, has been published at Duke. Since 1987, every spring Duke University Press (and, since 2008, the Center) sponsor a HOPE conference on a theme related to the history of economics. Conference participants are carefully selected, and a selection of papers from the conference is published in an annual supplement to the journal. These conferences are a unique experience. Young and mature scholars are brought together for two to three days of intense discussion on a common topic. All papers are distributed in advance and the expectation is that all participants will have read them, with the result that conference discussions are very rich indeed. The topics of the most recent as well as prospective conferences are listed below.

2009 – “The Unsocial Social Science? Economics and Neighboring Disciplines Since 1945” Organizers: Roger Backhouse, University of Birmingham, and Philippe Fontaine, Ecole Normale Supérieure de Cachan

2010 – “The History of Econometrics” Organizers: Marcel Boumans, University of Amsterdam; Ariane Dupont-Kieffer, French Institute of Sciences and Technologies for Transportation, Land Use, and Networks; and Duo Qin, University of London

2011 – “Histories of Observation in Economics” Organizers: Harro Maas, Utrecht University, and Mary Morgan, London School of Economics

2012 – “The Economist as Public Intellectual” Organizers: Tiago Mata, University of Cambridge, and Steven Medema, University of Colorado – Denver

2013 – “MIT and the Transformation of American Economics” Organizer: E. Roy Weintraub, Duke

2014 – “Market Failure in Context” Organizers: Alain Marciano, Université de Montpellier I, and Steven Medema, University of Colorado – Denver

2015 – “Psychology and Economics: The Early History” Organizers: Marina Bianchi, University of Cassino, and Neil De Marchi, Duke

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In addition to HOPE conferences, the Center also sponsors one day symposia, workshops, or other events. These have included:

2008 – John Maynard Keynes of Bloomsbury 2009 – Creative Communities Symposium 2009 – Mises, Hayek, the Mont Pèlerin Society and the Crisis of Neoliberalism 2010 – From Histories of Economics to Histories about Economics 2011 – HISRECO (History of Recent Economics) Conference 2014 – Digital History of Economics Collections: Potential and Challenges

Summer Institutes

The principal program for recruiting people to consider either teaching a course in the history of economic thought, or introducing elements of the history of economics into courses on other subjects, is our Summer Institute. We have run five of these since 2010, one each summer but with two, two-week long modules, in 2011. Each Institute had a somewhat different theme and was aimed at a different academic community; the full program for each is available on the Center website.

2010 – Boot Camp for the History of Economic Thought (sponsored by the National Endowment for the Humanities) 2011 – Seminal Thinkers in the History of Economics 2011 – Topics in the History of Contemporary Economics 2012 – The Emergence of Modern Economics 2013 – The History of Political Economy (sponsored by the National Endowment for the Humanities) 2014 – Topics in the History of Economics

The NEH-sponsored Summer Institutes were aimed principally at existing faculty members, and about two thirds of the participants were from fields other than economics. All of the others were aimed principally at PhD students in economics programs, though there was in each camp a few students from other fields and a few people who had recently received their PhDs. Discussion leaders were leading specialists in the field. Total enrollment for all of the Institutes was 159. Fourteen people attended more than one, so 145 different individuals participated.

We undertook two surveys in 2014, one canvassing the 2010 and 2013 NEH Summer Institute participants (mostly professors), the other canvassing the other Institute participants (mostly graduate students). We asked a number of questions, the most important of which was whether the person was, or planned on, either teaching a course in the history of economics or integrating the history of economic thought into another course.

For the NEH Summer Institutes (with 29 of 50 people, or 58%, responding), of those responding, 27 (93%) said yes.

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For the other Summer Institutes (with 53 of 95 people, or 56%, responding), of the 48 responding who planned on having an academic career, 39 (81%) planned to integrate history of economics into their courses, 2 (4%) might do so, and 7 (15%) did not plan to do so.

If we make the most pessimistic assumption that those who failed to respond to the survey did not plan to integrate history of economics into their courses, we still get 66 (46%) of 145 participants who say that they are 1) integrating history of economics into their courses, 2) plan to do so, 3) are teaching a history of economic thought class, or 4) plan to do so. Perhaps even more encouraging, 61% of those who attended the 2014 Summer Institute said that they definitely planned to undertake research in the field at some point in the future. This was the only group for which this question was asked.

HOPE Research Fellowship Program

Probably the most important of the Center’s programs for promoting research is its Fellowship Program. Over the past six years forty-five individuals have joined us for a semester or an academic year at the Center, where their primary task was to pursue their own research on some area within the history of economics, broadly defined. The phrase “broadly defined” is meant to signal that though we have principally drawn our Fellows from economics, some of them have been from other fields, including philosophy, sociology, economic geography, and classics.

Fellows also participate in our Friday workshops as well as our weekly HOPE lunches, at which Duke HOPE faculty and Fellows present work in progress. Many junior Fellows also sit in on HOPE faculty classes, with the goal of better preparing themselves for teaching their own classes.

The appendix provides a list of our Fellows and a selection of their research. For many who came to the Center as junior scholars, their time here allowed them not only to execute their research agendas, but to secure academic jobs when they left. We indicate the junior scholars who came to the Center without an academic position with an asterisk, and provide details of their subsequent career path. Placements include post-doctoral positions at Cambridge, Oxford, the University of Chicago, and Ludwig- Maximilians-Universität München, as well as permanent academic positions at a number of universities and colleges.

The Fellowship Program is the most costly of our programs. Though some Fellows have been self- funding, many (especially the more junior candidates) have required a Fellowship stipend. The sources of funding are listed in brackets after each name.

In addition to the Fellowship Program, the Center hosts Visiting Scholars who come to Duke for short stays, typically to work in the Economist Papers Project Archives. Since 2008 the Center has hosted 49 Visiting Scholars. Funding to defray lodging costs is made available to junior scholars who come to Duke to work in the Archives.

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Concluding Comments

By detailing the various activities of the Center, we hope we have provided evidence that we are succeeding in our goal to promote and support research in, and the teaching of, the history of economics. Our larger goal is to train a new generation of scholars who will go on to teach and do research in the field.

That is, of course, a long term goal. But there is already some evidence that we are succeeding here as well. At the 2014 meetings of the History of Economics Society in Montreal in June, 2014, 7 of the 13 people who received Young Scholar awards (a stipend to finance their attendance at the conference) had been affiliated at some point with the Center, either having been a Fellow, a Summer Institute participant, or a Visiting Scholar.

At the same meetings, of the 98 papers presented, 5 were by previous Summer Institute attendees, and 19 were by scholars who were or are to be Fellows of the Center. Of the 19 Fellows presenting papers, 13 of them were junior Fellows when they were at the Center. We are delighted to be contributing to a revival of interest in the field among younger scholars.

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Appendix: HOPE Research Fellows 2008-2014

2008-2009 *Yann Giraud Fall-Spring [Pope] Université de Paris X – Nanterre From 2009: Université de Cergy-Pontoise Founding Member, History of Economics Playground, INET. (with E. Roy Weintraub) “Tilting at (Imaginary) Windmills: A Comment on Tyfield,” Erasmus Journal for Philosophy and Economics, vol. 2, 2009, 52-59. “The Changing Place of Visual Representation in Economics: Paul Samuelson between Principle and Strategy, 1941-1955,” Journal of the History of Economic Thought, vol. 32, 2010, 175-97. (with Loïc Charles) “Economics for the Masses: The Visual Display of Economic Knowledge in the United States (1910-45),” History of Political Economy, vol. 45, 2013, 567-612.

Aiko Ikeo Fall-Spring [Self-funding] Waseda University “Martin Bronfenbrenner and the Reconstruction of the Japanese Economy (1947-1952)” (in Japanese). History of Japanese Economic Thought, vol. 11, 2011, 39-56. “A History of Japanese Developments in Econometrics.” Histories on Econometrics, annual supplement to volume 43, History of Political Economy, edited by Marcel Boumans, Arian Dupont-Kieffer, and Duo Qin. Durham, NC: Duke University Press, 2011.

Hansjoerg Klausinger Fall [Self-funding] Vienna University of Economics and Business “Hayek and Kaldor: Close Encounter at LSE,” History of Economic Ideas, vol. 19, 2011, 135-63. “Hayek's Geldtheoretische Untersuchungen: New Insights from a 1925-29 Typescript,” European Journal of the History of Economic Thought, vol. 18, 2011, 579-600. [ESHET Best Paper Award 2012]. Business Cycles Part I, Business Cycles Part II, volumes 7 and 8 of The Collected Works of F. A. Hayek. Chicago: University of Chicago Press, and London: Routledge, 2012.

*Michael Thomas Fall-Spring [Self-funding] George Mason University Completed PhD 2009 From 2009: Utah State University From 2014: Creighton University (with Diana Thomas) “Encouraging a Productive Research Agenda: Peter Boettke and the Devil’s Test,” Journal of Private Enterprise, vol. 26, 2010, 103-15. (with Diana Thomas) “Entrepreneurship: Catallactic and Constitutional Perspectives,” Review of Austrian Economics, vol. 27, 2014, 11-22.

*Robert Van Horn Fall-Spring [Earhart] University of Notre Dame From 2009: University of Rhode Island (tenured spring 2014)

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“Harry Aaron Director: The Coming of Age of a Reformer Skeptic.” History of Political Economy, vol. 42, 2010, 601-30. “Jacob Viner’s Critique of Chicago Neoliberalism." Building Chicago Economics. Robert Van Horn, Philip Mirowski, and Thomas Stapleford (eds). Cambridge: Cambridge University Press, 2011. “Hayek’s Unacknowledged Disciple: An Exploration of the Political and Intellectual Relationship of F. A. Hayek and Aaron Director.” Journal of History of Economic Thought, vol. 35, 2013, 271-90.

Robert Leonard Spring [Pope] Université de Québec à Montréal Von Neumann, Morgenstern, and the Creation of Game Theory: From Chess to Social Science, 1900-1960. Cambridge: Cambridge University Press, 2010. [Winner of the Joseph J. Spengler Best Book Award from the History of Economics Society, 2011.] “Economics and Aesthetics in Ruskin and Neoclassicism,” History of Political Economy, vol. 43, 2011, 303-08.

*Adam Martin Spring [Self-funding] George Mason University Completed PhD 2009 From: 2009-2011, NYU Development Research Institute, post-doc; 2011-2012, Georgetown, instructor; 2012: King’s College London “Rational Choice Without Closure: The Microfoundations of Virtuous Cycles and Vicious Circles,” Journal of Economic Methodology, vol. 18, 2011, 345-61. “Discovering the Gains from Trade: Alertness and the Extent of the Market,” The Annual Proceedings of the Wealth and Well-Being of Nations, vol. 3, 2011, 65-85. (with Joshua Hall) “Austrian Economics: Methodology, Concepts, and Implications for Economic Education,”Journal of Economics and Finance Education, vol. 10, 2011, 4-18.

2009-2010 Giandomenica Becchio Fall [Pope] University of Torino “A Note on the Influence of Mach’s Psychology in The Sensory Order,” in Hayek in Mind: Hayek's Philosophical Psychology, Leslie Marsh (ed.), Advances in Austrian Economics, vol. 15. Bingley, UK: Emerald Group Publishing, 2011, 171-80. “Social Needs, Social Goods, and Human Associations in the Second Edition of Carl Menger’s Principles,” History of Political Economy, vol. 46, 2014.

*Béatrice Cherrier Fall [Pope] Université de Paris X – Nanterre From 2012: Université de Caen Founding Member, History of Economics Playground, INET. “The Lucky Consistency of Milton Friedman’s Science and Politics, 1933-1963.” Building Chicago Economics. Robert Van Horn, Philip Mirowski, and Thomas Stapleford (eds). Cambridge: Cambridge University Press, 2011.

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*Chris Payne Fall-Spring [Pope] London School of Economics (Sociology) Completed PhD 2010 Chris’ spouse took a foreign service position somewhere in the Middle East and we have not heard back from him since. We suspect he decided to pursue a non-academic career.

Jeremy Shearmur Fall [Earhart] Australian National University (Philosophy) Much of Jeremy’s time was taken up with background research for a book on Hayek’s political thought, for which he has a contract. Publications include: “The Devil’s Disciple?” Revise and resubmit at Australasian Journal of Political Science. “Lessons from Twentieth-Century Political Philosophy before Rawls,” in Routledge International Handbook of Contemporary Social and Political Theory, Gerard Delanty and Stephen P. Turner (eds). London: Routledge, 2011. (with Richard Shearmur) “NIMBY? Back Yard Bonus!” Policy, vol. 26, 2010, 32-36. “Steve Fuller and Intelligent Design,” Philosophy of the Social Sciences, vol. 40, 2010, 433-45.

Pierre Desrochers Spring [Pope] University of Toronto (Economic Geography) (with Samuli Leppälä) “Industrial Symbiosis: Old Wine in Recycled Bottles? Some Perspective from the History of Economic and Geographic Thought,” International Regional Science Review, vol. 33, 2010, 338-61. (with Hiroko Shimizu) The Locovore’s Dilemma: In Praise of the 10,000 Mile Diet. Toronto: Public Affairs, 2012.

Alain Marciano Spring [Earhart] Université de Reims Champagne Ardenne From Fall 2010: Université de Montpellier 1 “Guido Calabresi’s Economic Analysis of Law, Coase and the Coase Theorem,” International Review of Law and Economics, vol. 32, 2012, 110-18. “Buchanan on Market Imperfections, Voluntary Cooperation, and Externalities,” History of Political Economy, vol. 45, 2013, 223-54.

James Wible Spring [Self-funding] University of New Hampshire “C. S. Peirce and F. A. Hayek on the Abstract Nature of Sensation and Cognition,” in in Hayek in Mind: Hayek's Philosophical Psychology, Leslie Marsh (ed.), Advances in Austrian Economics, vol. 15. Bingley, UK: Emerald Group Publishing, 103-42. Worked on manuscript, (with Kevin Hoover) The Economics of an American Aristotle: How the Philosophy of the Metaphysical Clubs Intersect with the Economics of the Cambridge Scientific Club.

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2010-2011 Béatrice Cherrier Fall [Pope] Université de Paris X – Nanterre (second visit as a Fellow) “A Preliminary History of Economics at MIT, 1940-72,” History of Political Economy, annual supplement to volume 46. Durham: Duke University Press, 2014. INET Grant Recipient: “Becoming ‘Applied,’ Becoming Relevant? Three Case Studies on the Transformation of Economics Since the Mid-Sixties.”

Aladár Madarász Fall [Earhart] Institute of Economics, Hungarian Academy of Sciences Worked on three book chapters for a book in Hungarian on bubbles: Tulipmania; the 1772 fall of the Ayr Bank; debates on public debt in the classical period.

*José Edwards Fall-Spring [Pope/INET/Smith] Université de Paris I – Sorbonne From 2011: University Adolfo Ibáñez, Santiago, Chile (with Sophie Pellé) “Capabilities for the Miserable; Happiness for the Satisfied,” Journal of the History of Economic Thought, vol. 33, 2011, 335-55. “Observing Attitudes, Intentions and Expectations (1940s-1970s),” History of Political Economy, annual supplement to volume 44. Durham: Duke University Press, 2012. The History and Use of Self-Reports and the Methodology of Economics,” Journal of Economic Methodology, vol. 19, 2012, 357-74. “Consumer Power and Market Control: Exploring Consumer Behavior in Affluent Contexts (1946-1977),” European Journal of the History of Economic Thought, vol. 21, forthcoming 2014.

*Tiago Mata Fall-Spring-Fall [Pope/INET/Smith] University of Amsterdam From 2012: Principal Investigator, ERC Project, “Economics in the Public Sphere,” Department of History and Philosophy of Science, University of Cambridge (5 year, 1.2 million euro grant-supported research project) Founding Member, History of Economics Playground, INET. (with Steve Medema) Co-Editor, The Economist as Public Intellectual, annual supplement to vol. 45, History of Political Economy, 2013. (with Steve Medema) “Cultures of Expertise and the Public Interventions of Economists,” History of Political Economy, annual supplement to volume 45. Durham: Duke University Press, 2013.

Avi Cohen Spring 2011 [Mostly Self-funding] York University (with Ross Emmett) “How and Why to Teach the History of Economic Thought: Economics as Historically Produced Knowledge,” in K. McGoldrick and G. Hoyt (eds), International Handbook on Teaching and Learning Economics. Cheltenham: Edward Elgar, 2011, 543-55. “Veblen Contra Clark and Fisher: Veblen-Robinson-Harcourt Lineages in Capital Controversies and Beyond,” Cambridge Journal of Economics, forthcoming 2014.

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Evelyn Forget Spring [Self-funding] University of Manitoba (with Y. Cui)“Yan Fu, Individualism and Social Order. Translating Western Ideas at the Dawn of the 20th Century, in M. Ying and H-M. Trautwein (eds), Thoughts on Economic Development in China. London and New York: Routledge, 2013. “The Problem with the French…. Translation and Transgression in the History of Economics,” EU Translation Project. Pisa. Keynote address. (with S. Strobel and A. Peden)2012. “Choices of Evidence: Tacit Philosophical Assumptions in the Debates within the Campbell Collaboration,” March 2012, presentation at the Department of Philosophy, LSE. L. “The Natural History of Policy Error,” October 2011, presentation at the Lorentz Centre Invitational Workshop on Error in the Sciences, Leiden, The Netherlands.

*Andrej Svorencik Spring [Mostly Self-funding] University of Amsterdam Worked on chapters of his dissertation on experimental economics, and on developing a manuscript from a “witness seminar” he organized that brought together economists who played prominent roles in the development of experimental economics.

*Norikazu Takami [Self-funding] Waseda University From 2014: Hitotsubashi University “The Sanguine Science: the Historical Contexts of A.C. Pigou's Welfare Economics,” History of Political Economy, vol. 36, 2014. “Models and Mathematics: How Pigou Came to Adopt the IS-LM-model Reasoning,” Journal of the History of Economic Thought, forthcoming 2014. (In Japanese) “Applications of Science Studies in the History of Economics," History of Economic Thought, vol. 55, 2014.

2011-2012 *Shiri Cohen Fall-Spring [Self-funding Fall; INET/Smith Spring] Bar-Ilan University, Israel Completed PhD 2011 From 2013: Hebrew University of Jerusalem “Economics and Ethics under the Same Umbrella: Edgeworth's ‘Exact Utilitarianism,’ 1877-1881” Utilitas, vol. 25, 2013. “J.S. Mill and the Value of Utility,” forthcoming, History of Political Economy, 2014.

Harro Maas Fall [INET/Smith] University of Utrecht “A 2x2=4 Hobby Horse: Mark Blaug on Rational and Historical Reconstructions,” in M. J. Boumans and M. Klaes (eds), Mark Blaug: Rebel with Many Causes. Cheltenham: Elgar, 2013. “Making Things Technical: Samuelson at MIT,” History of Political Economy, annual supplement to volume 46. Durham: Duke University Press, 2014.

Steve Meardon Fall-Spring [INET/Smith] Bowdoin College From 2013: Editor, Journal of the History of Economic Thought

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“On Kindleberger and Hegemony: From Berlin to M.I.T. and Back.” History of Political Economy, annual supplement to volume 46. Durham: Duke University Press, 2014. “Negotiating Free Trade in Fact and Theory: The Diplomacy and Doctrine of Condy Raquet,”European Journal of the History of Economic Thought, vol. 21, 2014, 41-77. “‘A Reciprocity of Advantages’: Carey, Hamilton, and the American Protective Doctrine,” Early American Studies: An Interdisciplinary Journal, vol. 11, 2013, 431-54.

Edward Nik-Khah Fall-Spring [INET/Smith] Roanoke College George Stigler, the Graduate School of Business, and the Pillars of the Chicago School.” Building Chicago Economics. Robert Van Horn, Philip Mirowski, and Thomas Stapleford (eds). Cambridge: Cambridge University Press, 2011. (with Rob Van Horn) “Inland Empire: Economics Imperialism as an Imperative of Chicago Neoliberalism,” Journal of Economic Methodology, vol. 19, 2012, 259-82. (with Philip Mirowski), “Private Intellectuals and Public Perplexity: The Economics Profession and the Economic Crisis,” History of Political Economy, annual supplement to vol. 45, Durham: Duke University Press, 2013. INET Mini-course Instructor (with Phil Mirowski): “History of Information and Market Construction in the 20th Century,” Hong Kong, April 2013.

*Teresa Tomas Rangil Fall [INET/Smith] Economix-Cachan, France From 2012: Post-doctoral Fellow, History Department, Oxford University History of Economics Society Joseph Dorfman Best Dissertation Award, 2011 “Conflict as a ‘Normal Economic Activity’: The Contribution of Jack Hirshleifer, 1925- 2005,” History of Political Economy, 43, 2011, 625-48. “Finding Patrons for Peace Psychology: The Foundations of the Conflict Resolution Movement at the University of Michigan, 1951-1971,” Journal of the History of the Behavioral Sciences, 48, 2012, 91-114.

Emily Skarbek Fall-Spring [Pope] San Jose State University From 2012: King’s College London “The Chicago Fire of 1871: A Bottom Up Approach to Disaster Relief,” Public Choice, 2014. “F. A. Hayek and the Early Foundations of Spontaneous Order,” in Sandra Peart and David Levy (eds.), F. A. Hayek and the Modern Economy. NY: Palgrave Macmillan, 2013.

*Viviana Di Giovinazzo Fall [INET/Smith] University of Milano Bicocca From 2013: Université de Québec à Montréal Worked on chapters for a book on Tibor Scitovsky. INET Grant Recipient: “An Intellectual Biography of Tibor Scitovsky”

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Danilo da Silva Spring [Earhart] University of Sao Paulo “Friedman, Phelps, Lucas and the Natural Rate of Unemployment,” manuscript. “The Establishment of Robert Lucas’ Macroeconomics of Equilibrium in the 1970s,” manuscript.

Philip Mirowski Spring [INET/Smith] University of Notre Dame Never Let a Good Crisis Go to Waste. New York, Verso, 2013. (with Eddie Nik-Khah), ““Private Intellectuals and Public Perplexity: The Economics Profession and the Economic Crisis,” History of Political Economy, annual supplement to vol. 45, Durham: Duke University Press, 2013. “Does the Victor Enjoy the Spoils? Paul Samuelson as Historian of Economics,” HES Presidential Lecture, Journal of the History of Economic Thought, vol. 35, 2013, 1-17. INET Mini-course Instructor (with Eddie Nik-Khah): “History of Information and Market Construction in the 20th Century,” Hong Kong, April 2013.

2012-2013 Marcel Boumans Fall [Department of Economics/INET/Smith] University of Amsterdam (with Matthias Klaes) Mark Blaug: Rebel with Many Causes, edited volume. Cheltenham: Elgar, 2013. “The Role of Models in Measurement Outside the Laboratory,” Measurement, vol. 46, 2013, 2908-12. “Model-Based Type B Uncertainty Evaluations of Measurement: Towards More Objective Evaluation Strategies,” Measurement, vol. 46, 3775-77. In addition to pursuing his research Marcel taught two courses at Duke.

*Francesco Di lorio Spring [Earhart] École des Haute Études en Sciences Sociales (Philosophy) From Fall 2013: LUISS University, Rome “Cognitive Autonomy and Epistemology of Action in Hayek’s and Merleau-Ponty’s Thought,” in R. Frantz and R. Leeson (eds), Hayek and Behavioral Economics. London: Palgrave Macmillan 2013. “Hayek’s The Sensory Order and Gadamer’s Phenomenological Hermeneutics,” manuscript. Epistemology of Action and Methodological Individualism: The Role of Human Autonomy, Dordrecht: Springer, forthcoming.

*Verena Halsmayer Fall [Partially Self-funding] University of Vienna (Science Studies) Verena is still a student. (with Kevin Hoover) “Solow’s Harrod: Transforming Cyclical Dynamics into a Model of Long-run Growth,” manuscript. From Long-run Utopia to Technical Expertise: Solow’s Growth Model as a Multi-Purpose Design,” History of Political Economy, annual supplement to volume 46. Durham: Duke University Press, 2014.

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*Andrej Svorencik Fall [INET/Smith] University of Utrecht From 2013: University of Mannheim Worked on chapters of his dissertation on experimental economics, and on developing a manuscript from a “witness seminar” he organized that brought together economists who played prominent roles in the development of experimental economics. “MIT’s Rise to Prominence: Outline of a Collective Biography,” History of Political Economy, annual supplement to volume 46. Durham: Duke University Press, 2014.

*Luke Gardiner Spring 2013 [Earhart] Corpus Christi College, Cambridge (Classics) Completed PhD in Classics, June 2013. Awarded Gaylord and Dorothy Donnelly Postdoctoral Fellowship, Department of Classics, University of Chicago 2013-2015, to work on his manuscript, “‘What Price God’s People?’ Christianity, Commerce, and the Market in the Eastern Roman Empire, 300-550 CE.”

Michaël Assous Fall-Spring [INET/Smith] University of Paris 1 Panthéon-Sorbonne “Solow’s Struggle with Medium-Run Macroeconomics: 1956-1995,” manuscript. Worked on papers on the history of macroeconomics, with a focus on the role of the rational expectations hypothesis in the development of economics at MIT, and on various attempts to reconcile growth theory with cycle analysis.

Jason Brent Fall-Spring [INET/Smith] UNC-Chapel Hill – Teaching Fellow Taught “History of Economic Thought,” UNC, Fall-Spring 2012-2014.

*Catherine Herfeld Fall-Spring [INET/Smith] Witten/Herdecke University, Germany (Philosophy) Completed PhD 2013 From 2013: awarded a 3 year funded postdoctoral position, Philosophy Department, Ludwig-Maximilians-Universität München History of Economics Society Joseph Dorfman Best Dissertation Award, 2014. “Axiomatic Choice Theory Traveling between Mathematical Formalism, Normative Choice Rules, and Psychological Measurement, 1944-1956,” manuscript. “Has There Been a Normative Turn in Early Post-War Economics? Jacob Marschak and the Cowles Commission, 1943-54,” manuscript.

2013-2014 *Gerardo Serra Fall [INET/Smith] London School of Economics Gerardo is still a student. “Continental Visions: Ann Seidman, Reginald H. Green and the Economics of African Unity in 1960s Ghana,” manuscript. “West Africa,” Routledge Handbook of the History of Global Economic Thought, forthcoming.

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Robert Dimand Fall [Partially Self-funding] Brock University Worked on two major book projects, one on the contributions of the Nobel laureate James Tobin, the other on Irving Fisher’s role in the development of modern macroeconomics. “History of Macroeconomics, to 1933,” International Encyclopedia of the Social and Behavioral Sciences. 2nd. ed.

*Alex Gill Fall [INET/Smith] North Carolina State University – Teaching Fellow Completed PhD 2014 From 2014: Post-doctoral Fellow, Mercatus Center, George Mason University Taught “Evolution of Economic Doctrines,” NCSU, Fall 2013. “Ben Bernanke: Theory and Practice,” submitted.

Kyu Sang Lee Fall-Spring [Mostly Self-funding] Ajou University, South Korea "Designer’s Weltanschauung and Declaration of Autonomy: An Analysis of a Debate over the Methodology of Experimental Economics in the Late 1970s." In Korean, forthcoming in a Korean journal. “What Mechanism Design Theorists Had to Say about Laboratory Experimentation in the Mid-1980s,” manuscript.

*Scott Scheall Fall-Spring [INET/Smith] Arizona State University (Philosophy) Completed PhD 2014 From 2014: Post-doctoral Fellow, Mercatus Institute, George Mason University “Hayek the Apriorist?” Journal of the History of Economic Thought, forthcoming. “Slaves of the Defunct: The Epistemic Intractability of the Hayek-Keynes Debate,” submitted. “A Hayekian Explanation of Hayek’s ‘Epistemic Turn’,” manuscript. “Lesser Degrees of Explanation: Some Implications of F. A. Hayek’s Methodology of Sciences of Complex Phenomena,” manuscript. “Hayek’s Epistemic Theory of Industrial Fluctuations,” manuscript.

Matthias Klaes Spring [INET/Smith] University of Dundee Organized Workshop: “Digital History of Economics Collections: Potential and Challenges,” February 2014. “Ronald Harry Coase, 1910-2013,” European Journal for the History of Economic Thought, forthcoming. “From Lenin's Factory to Deng's Reforms: Ronald Coase and the Limits of Northatlantic Neoliberalism,” Journal of Institutional Economics, forthcoming. (with D. Campbell) “What did Coase Know About the Law of Tort?”, manuscript. “'The Truth Will Out': Coase on the Nature of the Firm in the Market for Ideas,” manuscript.

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Jeff Biddle Spring [INET/Smith] Michigan State University “The Genealogy of the Labor-Hoarding concept,” manuscript. Worked on a book manuscript Professor Douglas’s Regression, about the development and interpretation of the Cobb-Douglas production function.

Leon Montes Spring [INET/Smith] University Adolfo Ibáñez, Santiago, Chile (with Bruce Caldwell) “Hayek’s Two Trips to Chile”

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