Author Archive

Some tips for real-world economists in the academic labour market in 2012

December 19, 2011 19 comments

Once upon a time, academic job vacancies for economists focused on filling holes in teaching plans and a promotion was assured if one was prolific, had established a good external reputation and had done one’s bit in collegial terms. Nowadays, things work very differently and real-world economists need to know how to play the game (often against those trained extensively in game theory) in order to get a foot on the career ladder and step up it. In this post I reflect on how things have changed and how real-world economists can try to improve their competitive edge Read more…

Monetary innovations for eco-friendly production and economic stability

December 9, 2011 15 comments

Discussions about improved prudential regulation, changing the incentives that players in the financial sector face and the possibility of a financial transactions tax as means of reviving the economic system have tended to overlook innovative monetary proposals that focus on changing the nature of credit money itself. Some of these have come from outside academic economics and aim to promote eco-friendly paths of economic recovery. In this post I hope to stir up some discussion by presenting a guide to some of these proposals and Read more…

Australian Government Agency Admits Ban on Heterodox Economic Analysis

December 1, 2011 8 comments

from Peter Earl

In some of the first posts on this blog I reported on  how Australia’s Commonwealth Scientific Research Organization (CSIRO) was attempting to censor and ban from publication Clive Spash’s peer-reviewed paper ‘The Brave New World of Carbon Trading”. Though Spash eventually resigned from CSIRO and the paper was published in New Political Economy in 2010 (vol. 15, no. 2), CSIRO’s attitude towards dissenting views has recently become even clearer and more disturbing.

CSIRO, a government funded public research agency that employs about 6,500 people, was required to answer a series of questions Read more…

10 Suggested Resolutions for Real-World Economist in 2010

December 23, 2009 12 comments

As 2010 approaches, real-world economists should be thinking about what they can do in the New Year to advance the cause of real world economics. Here, I offer 10 suggestions to add to the exhortations of Fred Lee in his outgoing editorial of the Heterodox Economics Newsletter. Since I’m Read more…

Update on Censorship of Critique of Emssions Trading Schemes

December 6, 2009 4 comments

There have been major developments in the story (Censorship of Critique of Emissions Trading and Carbon-Offsets Schemes) about the attempts of Australia’s CSIRO to prevent Dr Clive Spash from publishing his critical review paper on  emissions trading and carbon offset schemes.  On 2 December, as reported in Nature News, The Australian and ABC Radio National, Clive decided he had been through enough bullying and resigned from his professorial-level position as a Science Leader at CSIRO. That Clive should take such a brave public stand on this matter will probably come as no surprise to Real World Economists who know him as an ecological economist of the highest principles who is concerned about the potential catastrophic irreversibility of climate change if inappropriate polices are adopted. In resigning, Clive called for Read more…

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