The Second Opinion: an ethical approach to learning and teaching

Chapter in Wolfram Elsner and Svenja Flechtner’s volume on approaches to teaching economics. Cite as: ‘The Second Opinion: an ethical approach to learning and teaching’. In Decker, Samuel, Wolfram Elsner,…

Value and price: a Critique of Neo-Ricardian claims, by Michel Husson

Michel Husson originally published this landmark article in French as Manuel Perez (1980), which prefigured almost all the criticisms that TSSI scholars later made. I translated it into English to…

The return on investment in culture.

Interview with CBC. Two audio files. This arose because the Manitoba government, which fell to the Progressive Conservative Party in the 2016 elections, accepted some of the general case for…

A Penny for your Thoughts: a Note on the Impact of Knowledge

Colin Gillespie asked me to write a think piece on the process of revolutionary ‘Kuhnian’ changes in scientific thinking, such as the Quantum Physics, which have a long-term impact on…

Russia, Ukraine and Contemporary Imperialism.

This special issue of International Critical Thought, edited by Radhika Desai, myself and Boris Kagarlitsky, was devoted to the conflict in Ukraine, its origins, and its geopolitical implications. It was…

A Note on Causation, Logical Implication, and the Ordering of Variables in Equations

This article was a response to a charge, by Changkeun Kim (2016) that there is circular reasoning in Freeman and Kliman’s definition of the Monetary Expression of Labour Time (MELT).…

The Living Wage and the Minimum Wage - a comparison.

Presentation to International Symposium on ‘China Path toward Poverty Eradication and Comprehensive Well-off Society’, Peking University, October 22-23, 2016. This particular slideshow, which I used on a number of other…

Brexit, the City, and the crisis of Conservatism

This paper by Radhika Desai and myself was published by the Val Dai club as https://valdaiclub.com/a/reports/report-brexit-the-city-and-the-crisis/. This post also contains a shorter article in the Winnipeg Free Press. Loading… Taking…

The Uncomfortable Question of Class

‘The Uncomfortable Question of Class’. Presented to the conference of the Political Science Association Marxism Specialist Group, Manchester, September 2016. This presaged my later critique of the standard Marxist approach…

The Whole of the Storm: Money, Debt and Crisis in the Current Long Depression

This definitive article investigates the mechanisms and causes of recessions and depressions, and their relation to the more spectacular financial crises which announce them. It demonstrates how the concept of…

The Economics of Enough: a future for capitalism or a new way of living? Joint paper with Victoria Chick

This paper, originating in the [Harcourt conference], finally materialised in the Dow-Jespersen-Tily volume on ‘Money, Method and Post-Keynesian Economics for the 21st Century’ Cite as: Chick, V. and A. Freeman.…

Calgary Conference of the Humanities: The Trouble with Economics

GERG’s panel on the state of economics took place against the background of a doubling-down in neoclassical economics and the further suppression of heterodox economics. In Notre Dame this led…

Calgary Conference of the Humanities: the Structure of Modern Imperialism

This post contains the slides of my talk in the New Cold War (NCW) panel, for the Society for Socialist Studies (SSS) stream at the 2016 Conference of the Humanities,…

Calgary Conference of the Humanities: GERG panels on Ukraine and Russia

The Geopolitical Economy Research Group (GERG), together with the editors of New Cold War (NCW), organised three panels for the Society for Socialist Studies (SSS). The first was on ‘Russia,…

Rostov-on-Don Conference: The Whole of the Storm

A large conference was held on ‘Russia in the Global Economy: Challenges and development institutions’ at the South Federal University Higher School of Business, Rostov-on-Don, 26-28th May 2016. I presented…

On the Rehabilitation of Communism

‘On the Rehabilitation of Communism’. Text submitted to the Joint conference on Neotraditionalism and Archaisation of Political Space in the Center and Periphery of the World-System: Causes and Consequences, Moscow…

The Case for Economic Security

Presented at a conference on ‘The Case for Economic Security’, Anti-crisis Expert Forum on ‘State, Business and Regions’, St Petersburg, 18-20 May 2016. Slides and a text Loading… Taking too…

The case for Corbynomics

This short text is the abstract of a proposed paper at the Glasgow 2016 conference of the Association for Heterodox Economics. The paper did not materialize because I could not…

Bulls, Bears and Bisons: a User Guide

Article by Radhika Desai and Alan Freeman for the Chamber of Commerce journal Loading… Taking too long? Reload document | Open in new tab Download [167.26 KB]

The Changing Structure of British Industry

Brief notes for a conference of Western Business Outlook Loading… Taking too long? Reload document | Open in new tab Download [130.77 KB] Download [912.35 KB]

The Business of Creation and the Creation of Business

An article for the Winnipeg Chamber of Commerce members’ bulletin Loading… Taking too long? Reload document | Open in new tab Download [15.77 KB]

Comments on DeMartino’s ‘I solemnly swear’

This is the prepublication contribution to a symposium on George DeMartino’s ‘I solemnly swear’, organised by the journal Rethinking Marxism. I first came across DeMartino’s work through the early version…

First tell no untruth:Affirmative pluralism as the foundation of a civil ethical code for political economy.

Slides for a session on economic ethics at the Southern Economic Association Annual Conference, organised by the Association for Integrity and Responsible Leadership in Economics and Associated Professions (AIRLEAP) group.…

Remembering the Future: Place and narrative in the age of the internet

Keynote presentation to the Association of Manitoba Museums, November 2015. The post includes the text and slides Cite as: Freeman, Alan (2015). ‘Remembering the Future: Place and narrative in the…

Alea jacta est: Economic laws and human action in a time of crisis

Slides and text of a keynote speech at a conference organised by the Simon Kuznets Society for International Development, Moscow, October 2015. Includes Russian translation of the text, but not…

First Tell No Untruth – Changchung University, Jilin

A comprehensive set of slides explaining the ethical and scientific basis for assertive pluralism, and why the simple but common counterposition of heterodox economics to orthodox economics doesn’t work. Changchung…

Schumpeter’s Business Cycles Revisited: talk to the Kondratieff Institute in St Petersburg

A paper on the illusion of self-restoration and the need for an industrial policy for Russia. This post contains the paper, and two preparatory pieces of interest Loading… Taking too…

What is City Planning?

Loading… Taking too long? Reload document | Open in new tab Download [26.45 KB]

Services, creativity, and the role of the state

Slides for a meeting on ‘The role of the state in the economy: the fundamental question; organised by Lord Skidelsky. The meeting agenda, which is interesting, is included in the…

Self-imposed division, overlooked continuity: Marx, Keynes and the Rate of Profit

Presented at the second ‘World Keynes Conference’, Denizli, 2015. A precursor of a very similar piece of the same title later published on Academia. Includes slides for the presentation Loading……

Evolution of London Transport

I was asked by a consultant working with Moscow City for notes on the evolution of London’s Transport system. These are they. Loading… Taking too long? Reload document | Open…

A 101 on the Rate of Profit and the Cause of Crisis

Educational notes prepared for a summer camp organised by Ideas Left Out at Elbow Lake, Ontario in the summer of 2015. I suggested to the organisers that I could produce…

Winnipeg Free Press Café discussion on arts and culture

Slides and notes for a discussion on arts and culture with Thom Sparling and Lyn Skromeda. Became an op-ed in the Winnipeg Free Press. Loading… Taking too long? Reload document…

Profit, Profit Margin and Profit Rate

An educational piece pitched at non-specialists. Cite as: Freeman, A. 2015. ‘Profit, Profit Margin and Profit Rate’ in Bina, C. and Davis (eds) Global Economics: An Encyclopedia of Crisis and…

Going for the Juglar: Keynes, Schumpeter and the Theoretical Crisis of Economics

This paper was presented in the session on ‘Long Waves in Political Economy’ organised by Ingo Schmidt at the Congress of the Humanities and Social Sciences, Ottawa, June 1-4 2015.…

Measuring creativity to drive the economy – interview with El Economista

Interview with the Mexican magazine ‘El Economista’ on the creative industries and their significance for economic growth. Loading… Taking too long? Reload document | Open in new tab Download [433.12…

What is the new silk? Creativity, Communication and Culture in the new world economy

Talk to a conference in Shanghai on the New Silk Road. The post includes my slides, and the text of my talk. Cite as: Freeman, A. 2015. ‘What is the…

The 2015 UK Election – articles in the Winnipeg Free Press

Two articles by Radhika and myself on Cameron’s failed gamble, and the surge in the support for the Scottish National Party Loading… Taking too long? Reload document | Open in…

The Second Great Transformation

Talk to the ‘Thirty Years Conference’ of the Geopolitical Economy Research Group (GERG), Winnipeg, May 2015 Download [1.00 MB]

Ukraine’s Far Right and the Rising Threat of Antisemitism

The United Jewish Federation (UJF), concerned at the rise of antisemitism, organised a joint meeting with the Association of United Ukrainian Canadians (AUUC), in Winnipeg’s Ukrainian Labour Temple, on the…

High-end Labour-Russia’s key resource. Moscow Economic Forum and Valdai Club

In 2015 I made a presentation to the 2015 Moscow Economic Forum, which I wrote up for the Valdai Club. This post contains the slides, in English and Russian, and…

It’s not a Horseless Carriage it’s a Car: presentation to Manitoba Premier’s Advisory Council

A presentation on the new economic role of the creative industries and their significance for Manitoba and Canada Download [2.60 MB]

Why does Germany Sell Bonds with Negative Yields

A friend from Germany asked me why Germany was able to sell bonds with a negative yield, and whether this indicated a new stage of some kind of value destruction.…

The Course of the Profit Rate

In an unpublished manuscript of February 2015 I set out an account of the factors impacting the course of the profit rate, in a continuous time framework. I had intended…

Geography of the UK’s Creative and Hi-tech Industries

This paper was the fruit of a further collaboration between Hasan Bakhshi, Peter Higgs and myself in an attempt to examine the intersection between the creative industries and the ‘STEM’…

Is there a New Cold War? Radhika Desai at the 2015 Berlin Junge Welt conference

Radhika was invited to address the 2015 ‘International Rosa Luxemburg Conference’ in Berlin, organised by the youth newspaper Junge Welt. Her prescient speech is a sharp but sad reminder of…

Memorial for Fred Lee

Fred Lee, founder of the Association for Heterodox Economics and leading spirit of the heterodox economics movement, passed away of cancer in 2014. It was a great loss. A memorial…

Speech to the Chinese Academy of Social Sciences on the Role of the Creative Industries in Economic and Human Development

I was invited by Professor Meng Jie to deliver a talk to the Chinese Academy of Social Sciences, in the course of a longer visit in which I presented a…

'Winnipeg’s Mayor must Nurture the Arts’. Blog post for CBC on Arts and the City

CBC asked me to write a short blog post before the Mayoral election of 2014. This is it. Download [110.88 KB]

Booms, depressions, and the rate of profit: a pluralist, inductive guide

My chapter for the book Turan Subasat and John Weeks’ book on the global meltdown of 2008. Cite as: Freeman, A. 2016 ‘Booms, depressions, and the rate of profit: a…

Jornadas de Politica 16th conference in Valladolid, 2014, keynote address

The organizers of the ‘Jornadas de Politica’ conference invited me to deliver one of three keynote speeches on the theme ‘La Economía Crítica y El Laberinto de la Crisis’. This…

Maidan, the Odessa Massacre, and the Yalta Declaration

The overthrow of Viktor Yanukovych in the Maidan Square events of February 2014 unleashed a period of civil conflict which pitched Ukraine nationalists against the large Russian-speaking population of the…

All our Tomorrows: the Irresistible Economics of Art for Everyone

This paper was the fruit of the [discussion organised by DAC] (Digital and Copyright Association) that took place in 2012. DACS published a book containing contributions from artists, economists and…

Measuring Cultural Engagement: A Joint Research Symposium of the National Endowment for the Arts and the Arts & Humanities Research Council's Cultural Value Project

The background to this joint UK-US symposium was the interest, in both countries, in establishing some kind of framework for measuring ‘cultural’ activities, production and consumption. In the US the…

Consumption, Profit and Finance: Why can’t the Left Get it Right?

Presentation to the New York Left Forum – provides an overview of the debate between TSSI and the ‘standard Marxism’ of the West. With several useful links Download [328.49 KB]

The 2014 WAPE conference in Hanoi

Radhika Desai and I became involved with the World Association for Political Economy (WAPE) in 2008 at their Paris conference. WAPE was an initiative of Professor Cheng Enfu of the…

The Creation of Value by Living Labour: a Normative and Empirical Study, by Cheng Enfu, Wang Guijin and  Zhu Kui, edited by Alan Freeman and Sun Yexiao

This contains the prepublication text of a major work by Professor Chen Enfu and his colleagues, which I was asked to edit for publication by Canut Press. The work was…

Curating Truth: The World Cities Forum and the collaborative production of trustworthy cultural evidence

I was invited to address the American Association of Arts Educators’ conference on May 29th 2014, which was held in Montreal. I chose to focus on the achievements of the…

Schumpeter’s theory of self‐restoration: a casualty of Samuelson’s Whig Historiography of science

This article in the [special edition of Cambridge Journal of Economics] argues that Samuelson’s influential 1987 call for a ‘Whig History of Economic Science’ rests on a Whig Historiography of…

Forum at Moscow State University

In March 2014, the economics department of Lomonosov State University hosted a forum on the theme ‘Russia’s Oil-free Future’ (НЕСЫРЬЕВОЕ БУДУЩЕЕ РОССИИ) which was in fact a comprehensive attempt to…

Twilight of the Machinocratic Outlook: Non-substitutable Labour and the Future of Production

My chapter in Kees van der Pijl’s edited handbook on ‘The International Political Economy of Production’, which includes a new, though short, preface. It does not reproduce the enormous consolidated…

Desai and Freeman papers to the 2014 Moscow Economic Forum

This post contains Desai’s paper and my slideshow. These are entitled, respectively  ‘Improving States in a Geopolitical Economy History of the World Order’ and ‘Creativity and High-End Labour’ Loading… Taking…

London’s Creative Workforce

My chapter in the edited volume Creative Work beyond the Creative Industries: Innovation, Employment, and Education, edited by Gregory Hearn, Ruth Bridgstock, Ben Goldsmith, Jessica Rodgers. This is the prepublication…

The New Driver of Economic and Human Growth: the Scientific Basis for the DCMS’s New Creative Economy Employment and Output Data

On 13th January 2014, after a long consultation process, the UK Department of Media, Culture and Sport (DCMS) released its new employment and output figures for the UK’s Creative Industries,…

Learning from the Makers of History: Bolshevism, Bolivarianism, and the Legacy of Hugo Chavez

This is a pre-publication version of an article published by the journal ‘America Latina XXI’ in May 2013. It was originally produced as a tribute to Hugo Chavez and a…

A Dynamic Mapping of the UK's Creative Industries, London

This report, prepared for the National Endowment for Science, Technology and the Arts (NESTA), was the fruit of a long collaboration between Hasan Bakhshi of NESTA, myself and Peter Higgs…

What is creative intensity?

Peter Higgs and I wrote up this brief explanation of ‘creative intensity’, the core concept of researches that we had actually conducted separately, in separate continents, to find we had…

Investing in civilization: The Creative Industries and the End of Austerity

Slideshow presented at a seminar held in the House of Commons by Economists Against Austerity Loading… Taking too long? Reload document | Open in new tab Download [416.69 KB]

Istanbul World Cities Cultural Summit

Arising from the [Cultural Audit of London], at my suggestion, the Burns-Owens Partnership (who produced the report) established a ‘club’ of World Cities to exchange benchmarked information and evidence about…

Mexico 2013: Encuentro de reflexión y discusión sobre la crisis actual,y Homenaje a los 40 años de la publicación de El capitalismo Tardío de Ernest Mandel

Material from the fortieth anniversary of the publication of Ernest Mandel’s Late Capitalism. This post contains my paper and was its first public presentation, the original, written for Ernest’s memorial,…

The Unmaking of Marx’s Capital: Heinrich's Attempt to Eliminate Marx's Crisis Theory

By Andrew Kliman, Alan Freeman, Nick Potts, Alexey Gusev, and Brendan Cooney This article, our first response to Heinrich’s, ‘Crisis Theory, the Law of the Tendency of the Profit Rate…

The economics of creativity

Slideshow of presentation to the Association for Heterodox Economics (AHE) Loading… Taking too long? Reload document | Open in new tab Download [570.27 KB]

Mexico May 2013: Science, Technology and Geo-Politics in the Self-Determination of Mankind

The self-styled 4th International Vanguard Science Congress was organised jointly by Heinz Dieterich’s Center for Transition Sciences at the Autonomous University of Mexico (UAM) and a number of other organisations…

Godless Religion: Economics and the Road to Market Serfdom

Presentations at the forum organised by the ‘Post-globalization of Initiative’ (IGPO) in May 2013. This post contains two slideshows, two written-up papers, the talks themselves, and this video. Loading… Taking…

The DCMS consultation on the measurement of the Creative Industries

In 2013, the UK Department of Media, Culture and Sport (DCMS) launched a consultation to determine how to define and measure the creative industries. Hasan Bakhshi of the National Endowment…

Left Forum 2013: Desai and Freeman on Money

These are our two presentations to the US Left Forum in 2013. Radhika Desai’s is entitled ‘International Monetary Reform in the 21st Century’. Mine is on the effects of Financial…

Culture, Labour, and Resources: Principles of a Practical Alternative Growth Path

This paper summarises the main conclusions of ten years of research into the Creative Industries in London and the UK, culminating in a report for the English-based research foundation NESTA.…

Submission to Winnipeg City Council on the rapid transit alignment

Winnipeg City Council held a public hearing on the alignment of the planned Rapid Transit. The proposed route (now implemented) destroyed many acres of urban wetland termed the ‘Parker Lands’,…

Descifrando la Creacion: Diseño y Cultura en la Época del Internet

Presentation to a seminar organised by the Design department of the Autonomous National University of Mexico (UNAM) on 3 December 2012, and also the presentation of the organisers on the…

Marikana and the South African Labour Movement

Loading… Taking too long? Reload document | Open in new tab Download [70.83 KB] Loading… Taking too long? Reload document | Open in new tab Download [1.21 MB] Loading… Taking…

The Profit Rate in the Presence of Financial Markets: A Necessary Correction

The paper re-examines the definition of the rate of profit found in Marx’s writings on the subject and argues that this confirms the inclusion of financial instruments in both the…

The Economics of Enough: A Possible Future - for Capitalism?

Victoria Chick and I contributed a joint paper to the Geoff Harcourt memorial conference in February 2012. It explored Keynes’s conception of a ‘stationary state’ of capitalism and its consequences…

Occupy Wall Street: the Case for a Space for Ethics

On December 8, 2011 the University of Manitoba’s Business School held a symposium on the ‘Occupy Wall Street’ movement. This post contains the slides that explain the event, and my…

Models in Economics: a Short Discussion on ‘the Stalled Project of Marxian Economics’

This is an exchange with Nathan Coombs around his interesting submission on the ‘Stalled Project of Marxian Economics’. As far as I know it is unpublished, but I seem to…

Keynes and Creation – the Role of Festivals in Culture

Programme and my presentation from the British Arts Festivals Association, 7-9 November, Barbican, London Loading… Taking too long? Reload document | Open in new tab Download [1.80 MB]

Review of Capital as Power: a Study of Order and Creorder by Jonathan Nitzan and Shimshon Bichler.

My review of Nitzan and Bichler’s book. Cite as: Freeman, A. 2011. review of Capital as Power: a Study of Order and Creorder by Jonathan Nitzan and Shimshon Bichler. Eastern…

Once in a Lifetime: Crisis and Creation

Slideshow presented to students from the ‘Action Canada’ initiative. Includes a report from the team which they produced after taking input on Canada’s creative industries from a range of sources

Berlin: Investing in Civilization - Human creativity in the Information Age

These slides were presented to a symposium in Berlin organised by the Rosa Luxemburg Foundation on 15 October 2011. They are substantively similar to the Yaroslavl presentation which was not…

Yaroslavl 2011: Investing in Civilization - Human creativity in the Information Age

On 8 September 2011, the Northern city of Yaroslavl hosted its ‘Global Policy Forum’, a showcase project of Medvedev, in the hope of putting Russia on the world map on…

Measuring the Value of Culture

Public expenditure and the arts: measuring intrinsic value. Kent University Creative Regions Summer school, Canterbury. Subsequently presented to the Kent University Summer school, Brussels

Money, Labor, and Logic: a critical comparison

This is a prepublication version of ‘Money, Labor, and Logic: A critical comparison’, published in Critique of Political Economy. It sought to promote a scholarly debate between the temporal single-system…

Value and Crisis Theory in the “Great Recession”

By Radhika Desai and Alan Freeman, this article throws light on the disarray among Marxist analyses of the 2008 crisis. Focusing on discussions of “financialisation”, it traces the difficulties in…

Future of the Arts: Chicago Symposium

The University of Chicago hosted a symposium on the Future of the Arts on June 20, 2011. I took part in the initial session on the valuation of culture, initiating…

2011 Creative Industry Estimates for London

The final creative industry estimates published by the Greater London Authority

Winnipeg’s Culture Plan and the Mayor’s Luncheon for the Arts

Winnipeg Art Council commissioned a Culture Plan in 2010, and invited me to speak at the annual Mayor’s Luncheon for the Arts in 2011. I’d been in Winnipeg for little…

Measuring the Value of Culture (University of Kent Regional School)

Submission to a regional school on the value of culture organised by the University of Kent in June 2011. This work fed into a comprehensive report prepared by Dave O’Brien…

Arts Provocation 3: State of Uncertainty - Innovation Policy through Experimentation

This third of [three provocations] originally published on the Mission Money Models website, this paper by Hasan Bakhshi, Alan Freeman and Jason Potts proposes a fundamental shift in the role…

Strategies for Creative Spaces: A London – Toronto case study

I’ve posted this important study, which came from work at the London Development Agency, because of the importance of the methodology, and because of the significance of a collaboration briefly…

Response of the Association for Heterodox Economics to the UK Parliamentary Select Committee on Peer Review

On 27 January 2011 the UK’s Science and Technology Committee Launched a parliamentary enquiry into peer review. This post includes the invitation, and our response. Loading… Taking too long? Reload…

The Marxism 21 debate: response to Changkeun Kim.

In 2010 Marxism 21 published a critical evaluation of TSSI scholarship by Korean scholar Changkeun Kim, including a critique of our objections to the ‘Fundamental Marxist Theorem’ (FMT). There was…

A Trade Union Plan for the Crisis

In 2011 Mick Burke, myself, and Michael Roberts were asked to prepare a Trade Union Plan for the Crisis by the UK Fire Brigades Union (FBU). This is it. Powered…

Trends in Value Theory since 1881

Trends in Value Theory since 1881, World Review of Political Economy, Vol.1, Number 4, Pluto Press. This, a more extended version of the [draft] presented to the AHE, is the…

Crisis and ‘law of motion’ in Economics: a Critique of Positivist Marxism

This paper restores the concepts of freedom, consciousness, and choice to our understanding of ‘economic laws’, so we may discuss how to respond to economic crisis. These are absent from…

A Commentary on the Evaluation of the Creative Partnerships Cultural Education Programme

This modest piece deals with a vital question: how can arts practitioners contribute to school education? And what educational value to they add? I worked with David Ewens and Stephen…

Culture and the City – presentation to Winnipeg conference on ‘My Cities Still Breathing’

Just before moving to Winnipeg in April 2011, I was invited to take part in the conference entitled ‘My City’s Still Breathing’ on the role of Culture in the economic…

The Economists of Tomorrow – Journal of American Economics and Sociology (AJES)

This version of the paper first published in the [International Review of Economics Education] expands the argument found there. The two papers taken together are a summary presentation of the…

Why the UK needs a Million Climate Change Jobs Now.

Presentation to the Communist University 30 July 2010. Supported the ‘Million Climate Change Jobs’ initiative, a collaborative venture in the UK which set out an early programme for Green Transformation

Measuring Culture – presentation to Regional Summer School in Birmingham 2010

A slideshow presented to a summer school organised by the University of Canterbury in Kent, which brought together interested specialists from across Europe in this, the first of a series…

Economistas do amanhã: o caso para uma Declaração de Critérios Pluralista a ser estabelecida às Ciências Econômicas.

Translation into Portuguese of ‘Economists of Tomorrow’. Many, many thanks to Vladimir Micheletti for the translation Loading… Taking too long? Reload document | Open in new tab Download [555.09 KB]

Long-term Trends in the US Economy: a Pluralist Approach.

Slideshow presented to a seminar at the University of Kingston, England, 15 June 2010 Loading… Taking too long? Reload document | Open in new tab Download [665.53 KB]

What is a Law of Motion? A Critique of Positivist Marxism

Slideshow and paper for the 2010 conference of the World Association of Political Economy (WAPE). The paper extends the notion, developed in a similiarly-named [RiPE paper], that contingency and free…

South Africa: ILRIG, NUMSA, Gauteng, Port Elizabeth

In 2010 we took part in a series of meetings in South Africa. We were first invited by the Cape Town-based ILRIG (International Labour Research and Information Group) to a…

The Economy of Art

In November 2009, DACS (Digital and Copyright Agency), a not-for-profit visual artists’ rights management organisation, hosted a series of high-profile debates on visual artists in the 21st century. Chaired by…

The Creativity of Collection – on the Museums, Libraries and Archives sector

Hasan Bakhshi and I contributed this short piece to a discussion organised by ‘Museums, Libraries and Archives London’ (MLAL) about the role of these institutions in knowledge transfer. Includes the…

Marxism Without Marx

This landmark article, in Capital and Class 34 vol 1, pp84-97, summarizes the case for the Temporal Single System Interpretation (TSSI) of Marx’s theory of value, and states the case…

Creative Industries 2009 Update

This last complete update of the GLA’s creative industry reports contains the most comprehensive treatment of clustering, localization and dispersal. Includes use of some more sophisticated tools for geospatial analysis.…

The Poverty of Statistics

This article, published in Third World Quarterly, challenged frontally the statistical manipulation of inequality data by the IMF and World Bank to support flawed claims that neoliberal policies are responsible…

ART PROVOCATIONS: Not Rocket Science: A Roadmap for Arts and Cultural R&D

This, our second provocation, was written by Hasan Bakhshi, Radhika Desai and Alan Freeman. It proposed that publicly funded arts and cultural organisations should aspire to, and be funded to,…

What Makes the US Profit Rate Fall?

This landmark paper studies, empirically, the two causes for variations in the postwar US profit rate, including the long fall that started in the 1950s. It show shows that changes…

Keynes and the Crisis: A Case of Mistaken Identity

In April 2009 Canadian Dimension published a special issue on the recession, initiating a debate about Keynes that continued in subsequent issues and included contributions by Cy Gonick and Rick…

Investing in Civilization - slideshows

This slideshow was presented to the 2009 AHE conference and to the 2009 conference of the World Association for Political Economy (WAPE). It has a couple of interesting features: it…

The Mohun-Veneziani-Freeman-Kliman Debate: The ‘Truthiness’ of Simultaneism

This paper forms part of an [extended debate] which Andrew Kliman and I conducted with Simon Mohun and Roberto Veneziani. See also our 2006 [Reply to Mohun] and 2008 [summing…

Investing in Civilization

Chapter 5 of Anthony, W. and Guard, J. (eds) (2009) Bailouts and Bankruptcies. Winnipeg: Fernwood Press. It asked how the state might solve the current crisis, by asking how it…

The Economists of Tomorrow: Case for a Pluralist Benchmark Statement.

The case for pluralism as a new foundation for economics. This definitive article brings together the arguments advanced in AHE (Association for Heterodox Economics) responses to the stifling and monotheoretic…

Investing in Civilization – slideshow at the World Association for Political Economy, Paris 2009

The 2009 conference of the World Association for Political Economy (WAPE), in Paris, was our first involvement in WAPE. The slideshow is quite similar to the [AHE slideshow] presented in…

Green Shoots?

By Alan Freeman and Radhika Desai, published on the GFC Economics site, May 12th 2009 Loading… Taking too long? Reload document | Open in new tab Download [45.22 KB]

Left Forum 2009

Three presentations by Radhika Desai, by Alan Freeman and by Andrew Kliman to a panel at the 2009 Left Forum in Pace University, New York. I included all the presentations…

How Bad is US Unemployment?

By Radhika Desai and Alan Freeman. Published on the Debtonation website on 24 February 2009. Includes an unpublished short manuscript prepared for Debtonation but not submitted. This additional manuscript contains…

How Much is Enough? On the Size of an Adequate Fiscal Stimulus

Published on Anne Pettifor’s Debtonation website, this short piece argued that the US and other governments had vastly underestimated the size of the ‘stimulus’ needed to get their countries out…

Creative Industries in the Paris and London Regions: an Anglo-French collaboration begins

International Interest in the GLA’s work on both the Creative Industries and Metropolitan Regions began to grow from the middle of the first decade of 2000. In particular, a research…

Post-Industrial Keynes - Updating the New Deal for the 21st Century

This presentation argues for a visionary approach to anti-recession public spending. It sets out the case for 'civilisational change', equipping entire populations with enhanced mental and cultural capacities to bring…

From Ostrich to Albatross: The Royal Economic Society Rejects a Panel on Pluralism from the AHE and University Economics Departments

Presentation by Andy Denis and Alan Freeman to the Committee of Heads of University Departments of Economics (CHUDE) on peer review and the benchmarking process in economics.

Marx, Keynes and the Crash: the aftermath of 2008

Presented to a seminar organised by International Socialist Journal (ISJ) after the 2008 financial crash, this slideshow was my first public response. It brings together an analysis of the causes…

After the Crash: The Times Assesses Marx

In the wake of every financial crash, a wave of self-doubt bombards the intellectual redoubts of the orthodox. Following the 2008 crash, this wave reached august UK Times, which conducted…

Interview on the Crash for 'Critica de La Argentina' 4 October 2008

After the 2008 crash I was interviewed by Alejandro Bercovitch of the newspaper ‘Critica de La Argentina’. At the time, my statement that ‘The crisis in the United States will…

Creativity in the Internet Age: SPRU presentation

This paper, and the accompanying slideshow, was presented to the Freeman Centre, Sussex University, October 2008 at a seminar organised by the Science Policy Research Unit (SPRU). Chris Freeman was…

The Mohun-Veneziani-Freeman-Kliman Debate: A Summing up

This paper sums up an extended debate which Andrew Kliman and I conducted with Simon Mohun and Roberto Veneziani. It should be cited as ‘Simultaneous Valuation vs. the Exploitation Theory…

Which industries are creative? Technical discussion with the UK Office for National Statistics (ONS)

This postrecords some of the technical discussions between the GLA and the Office for National Statistics (ONS) arising from ONS work on [Regional Creative Industry] statistics. They are of historical…

Culture, Creativity, and Innovation in the Internet Age

This paper is a definitive theoretical statement of the relation – and the difference - between creativity and culture. Going beyond this hotly disputed question, which arose early in my…

The Politics of Measurement

Undergraduate Lecture at the University of Manitoba Politics Department, 8 April 2008. Presents the critique of Purchasing Power Parities, the account of North-South divergence, and the rise of China published…

The Poverty of Statistics: a critique of Purchasing Power Parities

Undergraduate lecture to the economics department of the University of Manitoba, April 2008. A detailed critique of the shortcomings of ‘Purchasing Power Parity’ as a measure of inequality and poverty.

Review of Kuhn on Henryk Grossman and the Recovery of Marxism

A review of R. KUHN, Henryk Grossman and the Recovery of Marxism, Urbana and Chicago: U of Illinois P, 2007, pp. xii + 331, ISBN 978-0-252-03107-6 (hbk); 978-0-252-07352-6 (pbk) Published…

Evaluating the Living Wage

In 2008 the GLA decided to commission an independent evaluation of the benefits of the Living Wage. This was to include benefits to the employers such as efficiency gains and…

The Ottawa Conference: Start of Collaboration with Peter Higgs, Will Page and Queensland University of Technology (QUT)

On March 17-18 2008 the Conference Board of Canada held an International Forum on the Creative Economy in Ottawa-Gatineaux. It was the start of my collaboration with Peter Higgs of…

The Persistence of International Inequality

This paper, emanating from my earlier work such as my chapter in the Freeman-Kagarlitsky Volume, documents a further stage in the evolution of my thinking, rather than any especially definitive…

London: a Cultural Audit

This report, published by the Greater London Authority and the London Development Agency in March 2008, benchmarks London’s cultural offer against four other world cities: Paris, New York, Tokyo and…

Avant le déluge : Heterodox Economists Respond to UK Enquiry on Economics Research, Six Months before the 2008 Crash

Record of the AHE submission to the UK’s ‘Quality Assurance Authority’ (QAA) in response to a request for views on the ‘Research Assessment Exercise’ (RAE), the framework for awarding grants…

GLA Creative Industries Update 2007

One of four updates to the original Greater London Authority Creative Industry Data Series. Contains additional information on precarity, gender and ethnic distribution of jobs in the creative industries. Includes…

Creative Clusters: the 2007 Conference. Talks by Jude Woodward (the Mayor’s Cultural Advisor), and Alan Freeman

Jude Woodward was the Mayor’s Cultural Advisor and responsible for the Greater London Authority’s Cultural and Creative Policies. She pioneered much of London’s early work in establishing relations with China…

Poverty and Inequality: Shooting at the Right Target

A slideshow on poverty and inequality originally presented to the 2007 Oslo social forum, and updated for presentation at a SOAS seminar

Creative industries: Presentation to ONS regions working group

This 2007 presentation includes material on agglomeration (clustering) in the finance and creative sectors

Response of Heterodox Economists to the UK's 'QAA' Enquiry on Standardising the Economics Curriculum

in 2007  the UK's Quality Assurance Agency (QAA) conducted an enquiry whose aim was to establish a 'standard' economics curriculum. The Association for Heterodox Economics (AHE) conducted a systematic survey…

London's Creative Industries - presentation to a delegation from Shanghai

This presentation of the 2004 Creative Industries Update was used in a number of places and modified several times. I am posting the version that was discussed with a delegation…

Explaining National Inequality: the Relevance of Marx and the Irrelevance of Equilibrium

This paper was presented to the ‘Marxism and Political Economy’ conferenceof the International Socialist Journal on Saturday 29th September 2007. A revised version was presented to the Historical Materialism conference…

The Modernity of Backwardness - slideshow presentation to Political Science Association

This slideshow accompanies two papers on the topic, which I variously entitled ‘explaining international inequality’ and ‘the modernity of backwardness’ (the first of these titles emphasised the importance of value…

Heavens Above! On the use of the term 'Equilibrium' in Economics, with an appendix on temporality, endogeneity and exogeneity in the inductive sciences

During 2005-2006 a series of workshops were held in the LSE to discuss the concept of equilibrium in economics, with participation from natural scientists, statisticians, and economists. This is a…

Is creation an industry? A constructive Critique of the Economics of the Cultural and Creative industries

This is the first of several papers on the theme of the relation between culture, creativity and the emerging economy, the version I normally present as definitive being the [Birkbeck…

ICAPE 2007: Catechism versus Pluralism: the Heterodox Response to the National Undergraduate Curriculum Proposed by the UK Quality Assurance Authority

This paper was submitted collectively by the Association for Heterodox Economics, as a result of a consultation request issued by the QAA (Quality Assurance Authority) for responses to the ‘benchmark’…

ICAPE 2007: The Concept of Transition (The Modernity of Backwardness)

My first paper to the ICAPE conference, originally entitled ‘the modernity of backwardness’ assessed three classic debates: the Brenner- Wallerstein debate on the transition to feudalism of 1974, the debate…

The 2007 ICAPE Conference and the Genesis of Geopolitical Economy

The 2007 conference of the International Confederation for Pluralism in Economics, held in Salt Lake City, Utah from June 1-3, was a further watershed in the evolution of pluralist economics,…

The Living Wage: Presentation to a German Trade Union Delegation

In 2007 the GLA received a German Trade Union delegation including in particular representatives of the Ver.di confederation. This is one of the most comprehensive succinct statement of what the…

The GLA’s Interim Metro Area Dataset

The author prepared this report for the Greater London Authority based on earlier work, in conjunction with Paul Cheshire and Ian Gordon of the London School of Economics, the OECD…

The GLA’s Creative Industry Update 2007, with Additional Material on Clustering and Dispersion

The GLA’s creative industry update 2007, with additional material on clustering and dispersion. Slideshow presented to the University of Greenwich prior to the release of the report

Cities and creative industries: Alan Freeman and Paul Cheshire presentations at the 2007 SCORUS conference in Darmstadt

The SCORUS group, with a general remit to study cities and influences on them, met in Darmstadt in 2007. Here are the presentations from Paul Cheshire and myself.

A Fairer London: The Living Wage in London (2007)

This report by Alan Freeman and Leticia Verute-McKay should be cited as Freeman, A. and Veruete-McKay, L. 2007. A Fairer Wage: the Living Wage in London (2007). London: Greater London…

Money, Capital and Labour: A Critique of the Value-form Theory of Value

This paper was presented at the Historical Materialism conference on 7-9 December 2006 and started an engagement between the TSSI (Temporal Single System Interpretation) of Marx, and the value-form school.…

In Our Lifetime: Long-run Growth and Polarisation Since Financial Liberalisation

This paper was presented at the Historical Materialism conference on 7-9 December 2006 and assessed the current state of the world economy. Defining ‘globalisation’ as the period of intensive financial…

Historical revisions to the GLA workforce employment series

Current Issues Note 11 . See also the London WorkForce Employment Series. Loading… Taking too long? Reload document | Open in new tab Download [193.13 KB]

Defining and Measuring Metropolitan Regions: a rationale (the OECD territorial indicators discussion)

Under the indispensable guidance of Paul Cheshire and Ian Gordon, LSE's stalwart geographers, the GLA tried its best to develop sound practices for the measurement and definition of cities. I…

How big is London?

This presentation, on London as a Functional Urban Region, builds on the programme of work we launched with Paul Cheshire and other geographers at the London School of Economics, and…

Geographical Concentration and clustering in London's Creative Industries: the Newcastle Creative Clusters Conference

By 2006, the UK creative industry bandwagon was rolling out, and many climbed on it. This was of course welcome, but led to that peculiar euphoria which emerges when a…

What is a sector? Presentation to the London Development Agency

I moved from the GLA to the LDA in 2006. I did not realise it at the time, but it was already dead. The problem, which ultimately played a significant…

Measuring London - sources of local data

Presentation to a 3 November 2006 meeting of the FOCI group, dealing with the study of the creative industries. Loading… Taking too long? Reload document | Open in new tab…

Centre of Gravity: an invasive metaphor

Presented to the 8th annual conference of the Association for Heterodox Economics, London, July 2006. Available also on RepEc. This piece ias one of several in a developing critique of…

Review of 'For Another Europe' by Guglielmo Carchedi

Guglielmo Carchedi: For Another Europe: a Class Analysis of European Economic Integration. London: Verso. Reviewed by Alan Freeman and published in Historical Materialism volume 14:1 (pp283–297). Leiden: Koninklijke Brill NV…

Where do London's Creative Industries Locate? Detailed map presentation to the London Development Agency

This presentation to the London Development Agency, in June 2006, employs the GLA’s microdata to pinpoint London’s creative clusters.

A Fairer London: the Living Wage, second report (2006)

This is the second annual report from a programme of research by the Living Wage Unit into issues related with the living wage and poverty in London. It presents an…

The Mohun-Veneziani-Freeman-Kliman Debate: Reply to Mohun

This paper forms part of an extended debate which Andrew Kliman and I conducted with Simon Mohun and Roberto Veneziani, in the pages of Capital and Class. The paper should…

Creation: a sunrise industry

Slideshow, presented to City University in February 2006 on London’s creative industries and their significance. Contains some useful infographics on location and clustering

From Bolivar to Bolshevism: what the writers of history can learn from its makers

Presented at ‘Towards a Cosmopolitan Marxism’, Historical Materialism Annual Conference (in association with Socialist Register and the Isaac and Tamara Deutscher Memorial. I had become concerned at the proliferation of…

Can the dollar survive? Socialist Campaign Group News 19 September 2005

On the dollar and China’s challenge. By Alan Freeman for Socialist Campaign Group News, 19 September 2005

Marx versus the academics: evidence on the profit rate

This paper was presented to a session of the 7th annual conference of the Association for Heterodox Economics (AHE) at City University, London, July 15-17th, 2005, and it was edited…

Beyond Talking the Talk: the case for critical pluralism

By the mid-2000s, the heterodox economics movement was gathering steam. It received a major boost from the so-called 'post-autistic economics' movement in France (see also this archive), a student revolt…

Towards a common standard: comparing European and American cities

Working paper 13 from the Economic Intelligence Unit of the Greater London Authority (GLA) assesses to what extent it is possible to construct standardised geographical definitions of cities that will…

The Next Axis of Evil; article for Socialist Campaign Group News on Latin America's Pink Tide, mark 1

By Alan Freeman in Socialist Campaign Group News 23 April 2005. With an advert for the Venezuela Information Campaign’s inaugural public meeting

A Fairer London: the Living Wage in London

In 2005 the Mayor of London established a Living Wage unit. Its first report, by Alan Freeman and Leticia Veruete-McKay, describes the calculation of London’s first Living Wage, which was…

'Doing Pluralism': a think-piece for Andrew Kliman's SPACE blog

I was invited to contribute to Andrew Kliman’s SPACE blog as part of an ongoing debate on pluralism. This was the result, which I hope helped advance the discussion and…

Night of the Living Elders

Fact-based analysis of the economics of pensions, in response to the government’s ill-informed pension reform frenzy. Published in Socialist Campaign Group News on 14 February 2005

London: Europe's New York? Report to 7th conference of the Global and World Cities Conference

By Paul Cheshire and Alan Freeman: comprehensive slide show on the geoeconomic comparison of European and US cities. Fancifully entited ‘London: Europe’s New York’. Presented as the 7th Annual GaWC…

Let Argentina Decide

In 2003 a campaign for the relief of Argentina's dishonourable debt was founded in the UK, following the disastrous effects of the collapse of the Peso. This article, in the…

Reply to Dumenil and Levy 2

In 1997 Gérard Duménil and Dominique Lévy (hence GD-DL) kindly produced a response to my 1996 general formulation of the Temporal Single-System (TSS) interpretation of Marx’s value theory. Dumenil and…

Why not eat children? Article for the UK Guardian on the occasion of the 2004 World Social Forum, hosted by the Greater London Authority

In October 2004 the Greater London Authority hosted the World Social Forum, attended by over 20,000 people. This article was written for the Guardian comment section

Is there a creative sector?

This article, written for a special issue of the Journal of Management Philosophy, appears to be no longer available. It attempts to extend the analysis in previous articles by enquiring…

The Case for Simplicity: a Paradigm for the Political Economy of the 21st Century

This constitutes my chapter in The New Value Controversy. It focuses on a reply to Laibman’s article in the same book, and disputes the notion of ‘linear’ forward progress in…

Entrevista con un economista Ingles - interview in Uruguay

I returned to Argentina for a third visit in 2004, and in the course of the visit, spent some time in Uruguay where the Frente Amplio was about to score…

Science, theology and the reform of economics.

Incomplete manuscript presented to the Association of Heterodox Economists (AHE) Annual Conference, Leeds 2004.

Introduction to 'The Politics of Empire'

This is the introduction to the Pluto Book ‘Politics of Empire’ and was written jointly by Alan Freeman and Boris Kagarlitsky, the book editors. Loading… Taking too long? Reload document…

Measuring and Comparing World Cities

Working paper 9 from the Economics Intelligence Unit of the Greater London Authority. Arising from our work on London's Workforce, it became clear that London needed to make meaningful comparisons…

Creativity: London's creative sector 2004 update

Following the publication of Creativity: London's Core Business, we began producing regular updates. As time went on, these began to explore a range of issues relating to creative sector policy,…

Not the return of the city state

These slides accompany a presentation to a seminar at the LSE in January 2004. The seminar arose from the work I was doing with Paul Cheshire and others at the…

Is there a creative sector? Talk at LSE

This theoretical intervention, at this time only a slide show but later feeding into a set of papers, reflects on the findings of Creativity: London's Core Business. It was presented…

From Jaw to War

Paper presented to a conference in Middlesex in 2003. Summary of the divergence data to that date, and introduces the distorting effects of the statistical information provided by World agencies,…

MOSCOW: Goodbye Globalization and the onset of deflation

An article for Rodnaya Gazeta delivered whilst I was in Moscow for the ISPRAN conference in 2003. Raises frontally the onset of 'deflation' in the world economy and the onset…

The London Workforce Employment Series

In 2000 I began working with the Greater London Authority (GLA) under the radical Mayor Ken Livingstone. We established an Economic Intelligence Unit and I held the brief first for…

When Things Go Wrong: the Political Economy of Market Breakdown

From Westra; R and Alan Zuege (Eds) (2003) Value and the World Economy Today: Production; Finance and Globalization; This paper constructs a theoretical framework for understanding what happens when markets…

Where does war come from?

Slides from a presentation to the Conference of the Norwegian Social Forum, Oslo, 22 June 2003

MOSCOW: Goodbye Globalization (Прощай Глобализация)

This is a small post which repeats the data from the CESTES 2003 conference and other sources. I reproduce the charts however, as part of the historical record about the…

ROME: Age of War (English and Italian)

The third Rome conference organised by CESTES provided the chance to bring together four previously separated lines of enquiry: the study of the new shape of the world economy, the…

The New World Order and the Failure of Globalization (Real-World Economics, shorter version)

This is a prepublication version of an analysis of stagnation and divergence  in the world economy which appeared in Pettifor, A (2003) Real World Economic Outlook, pp152-159. Basingstoke: Palgrave MacMillan,…

The New World Order and the Failure of Globalization (BISA, Fuller version)

This is a fuller but earlier prepublication version of an analysis of stagnation and divergence  in the world economy which appeared in Anne Pettifor's Real World Economic Outlook in 2003.…

The New Political Geography of Poverty

METU held a second conference from September 11th to September 2002. This paper follows the 9/11 paper presented in 2001. It attempted to analyse the fundamental features of the world…

Creativity: London's Core Business

In 2000 I began working with the Greater London Authority (GLA) under the radical Mayor Ken Livingstone. We established an Economic Intelligence Unit and I held the brief first for…

ARGENTINA: debt, revolt, and revolution

In April 2002 I visited Argentina again and found myself in the middle of a revolution. The devaluation of the peso provoked revolts which by December had deposed De La…

ROME: The contribution of Freeman

I post here the contribution of Freeman to the May 21, 2002 conference.

ROME: Theory of value and bankruptcy (the contribution of Ramos)

I post here the contribution of Ramos to the May 21, 2002 conference. It is in Spanish. Ramos was the originator of the concept of the Monetary Expression of Labour…

ROME: The contribution of Cavallaro

I post here the contribution of Cavallaro to the May 21, 2002 conference. I have posted only the Italian version. I do have an English version but it is so…

ROME: The contribution of Screpanti

When our friends in Italy proposed to organise their May 21, 2002 conference, I was still in Argentina. I immediately emailed Mino Carchedi and Andrew Kliman. I think the letter…

ROME: letter to Mino and Andrew

When our friends in Italy proposed to organise their May 21, 2002 conference, I was still in Argentina. I immediately emailed Mino Carchedi and Andrew Kliman. I think the letter…

ROME: introduction to the debate (English and Italian)

On  May 21st, The 'Laboratory for Social Critique' at La Sapienza University in Rome organised a conference on value theory around the book edited by Luciano Vasopollo to which many…

9-11:Europe, the US and the World Economy

This paper was presented at 15:00 hours local time in Ankara, Turkey on 11th September 2001, which was also my father Chris's 80th birthday and the 28th anniversary of the…

Geld: entry on Marx's theory of money for the Historical-Critical Dictionary of Marxism

This post contains the English and German language versions of the entry on ‘Money’ (‘Geld’) in the ‘Historisch Kritisch Wörterbuch des Marxismus’, a comprehensive dictionary of Marxist terminology being produced…

THE TWO SYSTEMS DEBATE: final reply to Foley and Laibman (Rejoinder to Duncan Foley and David Laibman )

On the cusp of the millenium, Paul Zarembka's Research in Political Economy published, in the course of two issues in 1999 and 2000, a four-way exchange about approaches to Marx's…

The two systems debate: second reply to Foley and Laibman (Two value Concepts, Two Profit rates, Two Laws of Motion)

On the cusp of the millenium, Paul Zarembka's Research in Political Economy published, in the course of two issues in 1999 and 2000, a four-way exchange about approaches to Marx's…

The Case for Simplicity: a Paradigm for the Political Economy of the 21st Century

This is my chapter for the New Value Controversy, It addresses David Laibman's (2001) contribution to the same volume, in which he characterises TSSI scholars as ‘New Orthodox Marxists’ erecting…

Crisis and Law of Motion in Marx: a Response to Mongiovi

This post continues the exchange between myself and Gary Mongiovi in the pages of Research in Political Economy, which started with my article entitled [‘Crisis and “law of motion” in…

ROME: Comments on Guglielmo Carchedi

This comment on Carchedi's paper was part of the important 2001 conference organised by the Laboratorio per la Critica Sociale del Centro Studi Trasformazioni Economico-Sociali (CESTES-PROTEO), Rome University La Sapienza,…

ROME: the Proteo Value Debate and the Four Questions

On May 21st, The 'Laboratory for Social Critique' at La Sapienza University in Rome organised a conference on value theory around the book edited by Luciano Vasopollo to which many…

CENTRE OF GRAVITY: Commentary on Contributions by Gary Mongiovi and Fred Moseley

This paper was submitted to the 2001 conference of the IWGVT It was a short response to the idea, common amongst Simultaneous Marxist Economists, that equilibrium or simultaneous prices of…

The Godless Religion: Economics, Equilibrium, and the Copernican Revolution

The paper argues that a formal, and fruitful, historical analogy can be drawn between economics and a religious hierarchy, most notably the mediaeval Catholic church. This idea was fully developed…

Glamour Acquirers, Method of Payment and Post-Acquisition Performance: The UK Evidence

I provided the data work for this paper which should be cited as Sudarsanam, Puliyur Sudi and Mahate, Ashraf A. and Freeman, Alan, Glamour Acquirers, Method of Payment and Post-Acquisition…

Marxian Debates on the Rate of Profit - a Primer

This introductory paper examine the discussion among Marxists about the rate of profit. The paper is non-mathematical but contains many numerical examples and a detailed textual exegesis. It is a…

Space, Computers and Learning

While teaching at Greenwich University from 1992 to 2000, I worked with George Hallam and Malcolm Ryan on how Computers could help Learning Economics. We also took part in forums…

MOSCOW: at the dawn of the age of war

In November 1999 I was invited to address a conference of the Institute of Politology 'ISPRAN' at Moscow State University. I presented the same report as to the Porto Alegre…

Reply to Dumenil and Levy 1

In 1997 Gérard Duménil and Dominique Lévy (hence GD-DL) kindly produced a response to my 1996 general formulation of the Temporal Single-System (TSS) interpretation of Marx’s value theory. Dumenil and…

SOAS: Michel Husson's contribution on Brenner and the profit rate

In 1999, SOAS organised a symposium around the work of Robert Brenner. At its centre lay the question, as always, of the rate of profit. Brenner, a historian, had assembled…

The Brenner symposium, the crash of 1998, and the rate of profit yet again

In 1999, SOAS organised a symposium around the work of Robert Brenner. At its centre lay the question, as always, of the rate of profit. Brenner, a historian, had assembled…

BRAZIL: Porto Alegre at the dawn of the age of war

In October 1999 I was invited to address the de facto founding conference, in Porto Alegre, of the World Social Forum. There are two items here. The first is a…

Argentina: Marx in a time of chaos

In September 1999 I made my first visit to Argentina at the invitation of IADE, the Institute for Economic Development. I arrived with debt crisis gathering force and plunged into…

The two systems debate: response to Laibman

On the cusp of the millenium, Paul Zarembka's Research in Political Economy published a four-way exchange about approaches to Marx's theory of value and the rate of profit between David…

Measuring the UK Economy

The article shows how to transform the national accounts of the UK from their present form to one in which only labour is considered productive of value.

ENCYCLOPAEDIA: The Falling Rate of Profit

Written jointly with Andrew Kliman, this is a prepublication version of the entry on the falling rate of profit in O’Hara, Phillip A (1999) The Encyclopaedia of Political Economy, pp318-320.…

BERLIN: at the dawn of the age of war

In June 1999 I attended the INKRIT conference in Potsdam. The attached is the German translation of my LINKS paper on the Poverty of Nations.

ENCYCLOPAEDIA: Value, Price of Production and Market Price

Written jointly with Andrew Kliman, this was submitted to O’Hara, Phillip A (1999) The Encyclopaedia of Political Economy, pp318-320. London and New York: Routledge. ISBN 0-415-15426-X, but was not accepted.…

The Emperor's Tailor

The paper examines the profession of economics in the light of its disarray in the face of the financial crash of 1998. It was presented in a variety of forms…

Madrid 1999: Endogenous Market Failure

At the 1999 Madrid conference, I presented a number of papers and at Diego Guerrero's invitation gave an undergraduate seminar. In the shadow of the 1998 crash, the central question…

Madrid 1999: Paolo Giussani on joint production

At the 1999 Madrid conference, Paolo Giussani presented two papers, the first on Joint Production and the second on TSS and the rate of profit. This is the paper on…

Madrid 1999: Paolo Giussani on the rate of profit

At the 1999 Madrid conference, Paolo Giussani presented two papers, the first on Joint Production and the second on TSS and the rate of profit. This is the paper on…

The Madrid 1999 conference: key papers on value

Schedule of the 1999 international conference in Madrid organised by Diego Guerrero. One of the few events in which TSSI and other scholars both took part, it was a watershed.…

Has the Empire Struck Back?

In 2001 Richard Abritton asked me to write a chapter for Phases of Capitalist Development. The chapter summarises the reasons for employing Marx's value theory to study modern imperialism, highlighting…

The Limits of Ricardian Value: Law, Contingency and Motion in Economics

This 1999 IWGVT paper drew a line under the debate with 'Marxism without Marx' scholarship, and opened a new discussion on the relation between law and contingency. As the new…

The indeterminacy of price-value correlations: a comment on papers by Simon Mohun and Anwar Shaikh

This paper is the first published critique of the indeterminacy of price-value correlations and their inadequacy as empirical evidence for the determination of prices by values. It comments on the…

Walking the walk: the IWGVT Rules

For reasons of historical interest, this post contains the report which Andrew and I made to the 1999 IWGVT conference. These, crucially, reproduce the 'IWGVT Rules', designed to provide for…

PARIS: Simultaneous and Temporal Valuation Contrasted

Written jointly with Andrew Kliman, this paper was presented to the Marx International II conference in Paris, 30th September-2nd October 1998. It sets out the principal propositions of the Temporal…

What happens in crashes? a non-equilibrium, value-theoretic approach to liquidity preference

This paper was the first attempt I made to bring about a reassessment of the relation between Marx and Keynes, an endeavour I then pursued relentlessly from this time on,…

Fixing up the World: GATT and the World Trade Organization

This paper, published in Labour Focus on Eastern Europe and reproduced in a number of journals and books, examines the consequences for world trade of the restructuring – commonly termed…

BRASIL: the Society for Political Economy and the World Social Forum

In June 1998 the Brasil Society for Political Economy organised a conference. This took place just before the crash of 1998, and with the devastating effects of the neoliberal decades…

BRASIL: Marx: the Spectre Haunting Economics

This paper proposes a materialist analysis of the theory and practice of academic economics, the body of thought which Marx dubbed the 'graveyard of economics'. It subjects the claim of…

Electronic Publishing: Technical Constraints with Policy Consequences

In 1997 I attended a session organised of the ASSA at which Wayne Marr explained the new electronic publishing venture 'Social Science Research Network', a key progenitor of the unstoppable…

The Value of Money and the Foundations of Dynamical Political Economy

Submission to the mini-conference of the International Working Group on Value Theory, hosted by the Eastern Economic Association, 1997. This paper can be thought of as a detailed study of…

Are Economic Facts Hard or Soft? The National Accounts and the Definition of a Productive Activity

This paper was originally presented to the 1997 conference of the European Association for Evolutionary Political Economy (EAEPE). I am publishing it on SSRN in the light of renewed relevance…

The Society for the Prevention of Economics

I presented two papers to the 1997 conference of the excellent Radical Statistics journal. This, the second paper, was a whimsical critique of mainstream economics, in the form of a…

Reply to some objections (to TSSI as regards the revaluation of capital)

This article responds to a number of criticisms of the TSSI of Marx’s theory of value, which at the time was described by scholars as the Sequential Non-dualist approach to…

If They're so Rich, Why Aren't they Smart?

This paper was originally presented to the 1997 conference of the European Association for Evolutionary Political Economy (EAEPE). I am publishing it on SSRN in the light of renewed relevance…

Two letters to the Royal Economic Society

In 1997, I submitted my paper (published on this site) on an endogenous profit rate cycle to the annual conference of the Royal Economic Society. It was rejected without reasons…

Electronic Publishing: report on the ASSA meeting addressed by Wayne Marr of SSRN

In 1997 I attended a session organised of the ASSA at which Wayne Marr explained the new electronic publishing venture 'Social Science Research Network', a key progenitor of the unstoppable…

New Labour and Old Economics: a Profession in crisis

Written for Socialist Action, this was the first paper in which I looked in detail at the empirical evidence that inequality between nations was growing, and caused by neoliberalism. It…

Notes on the reproduction of capitalist society (fragment). Accompanied by a spreadsheet model, to illustrate reproduction

This fragmentary note  was written to introduce a functioning though incomplete spreadsheet which aims to illustrate capitalist reproduction. Download Spreadsheet Go

The Poverty of Nations: Technical Change in the New World Market Order

Of all the issues which political economy is called on to address, the most insistent, most persistent, and least answered is: why are the poor still with us? This paper…

Mr Marx and the Neoclassics

This article, presented to the 1996 Conference of the History of Economics Society, Vancouver, gives a historical analysis of the origins of the general equilibrium or comparative static approach and…

The Poverty of Nations

This paper assesses two linked problems. First: why, despite unceasing technical advance, do growing poverty and misery reign in most of the world? Second, why did the entry of the…

The Psychopathology of Walrasian Marxism

This comprises chapter 1 of Marx and Non-equilibrium Economics. It specifies a non-equilibrium of Marx’s theory of value which demonstrates a fully consistent transformation of values into prices and reproduces…

Price, value and profit – a continuous, general, treatment

This text comprises chapter 13 of Marx and non-equilibrium Economics[1].  It provides a general mathematical specification of a non-equilibrium interpretation of Marx’s theory of value. It refutes the Okishio theorem…

An endogenous profit rate cycle (English and Spanish)

This paper presents an abstract model of the business cycle in which the explanatory variables are the interaction between the rate of profit and the rate of investment. It proves…

Notes on the Measure of Value

This private comment,was circulated during the 1994 Bergamo conference organised by Riccardo Bellofiore on the anniversary of Volume III of Capital. This was a watershed encounter between traditional and alternative…

A note on moral depreciation

The distinction between moral and material depreciation is critical to Marx’s thinking. In the early history of TSSI, John Ernst's insistence on it was central. I treated this mathematically in…

Marx without Equilibrium

This article, published in Capital and Class 56, was the first peer-reviewed presentation of what at the time was termed the ‘sequential and non-dualist’ interpretation of Marx’s value theory. This terminology,…

Negative net products with positive profits

This paper demonstrates that, contrary to the ‘Fundamental Marxian Theorem’ (FMT), a positive net product is not a necessary condition for a positive profit. That is to say, a positive…

Relative Surplus Value and Expanded Reproduction

This paper was presented to the 1995 conference of the Eastern Economic Association as part of the second mini-conference of the International Working Group on Value Theory (IWGVT), the main…

Poverty of nations and unequal exchange

Slideshow of presentation at SOAS. Early value-theoretic formalization of the role of unequal exchange as the driver of inequality between nations, demonstrating that the positive feedback mechanism that maintains technical…

Value and the Foundations of Economic Dynamics (the TSSI fish)

Submission to the mini-conference of the International Working Group on Value Theory, hosted by the Eastern Economic Association, 1997. This paper can be thought of as a detailed study of…

Reappraising the Classics–the Case for a Dynamic Reformulation of the Labour Theory of Value

This paper laid the basis for a 'reformulation' of the theory of value, based on Marx's crucial but under-discussed observation in Chapter V of Capital Volume 1, in which he…

The Gulf War and the New World Order

This collection responded to the first US attack on Iraq. Edited by Chaim Bresheeth and Nira Yural-Davis, it broached ideas that rose to prominence in subsequent critical thinking about International…

National Accounts in Value Terms for the UK, 1950-1986

This paper reproduces, for archival purposes, chapter 5, of the same name, which appeared in Dunne (1991). It represents one of the first systematic attempts that I know of, to…

Time, the Value of Money and the Quantification of Value

This paper establishes, and illustrates for the case of the UK, a temporal method for calculating the labour values of outputs from any process or sector of a market economy.…

The privatisation of knowledge: notes on the MAI and the GATS

Incomplete notes on the Multilateral Agreement on Investment (MAI) and the General Agreement on Trade and Services (GATS), with particular reference to legislation on Intellectual Property Rights

The Crash of '87

This article was published in a Capital and Class symposium on the 1987 crash. Its analysis retains its full force. It compared the 1987 and the 1929 crash, and explored…

Why Quantitative Marxism?

This paper arose directly from the work which Paolo Giussani and I conducted, following the publication of Ricardo, Marx, Sraffa, at the request of Ernest Mandel and commissioned by the…

Il Salario Sociale in Germania (the Social Wage in Germany)

In 1986, following the publication of Ricardo, Marx, Sraffa, Alan Freeman and Paolo Giussani worked with Ernest Mandel on a project to provide data on the growth of poverty in…