Seminar Panel Book Launch of Heterodox Economics by Andrew Trigg

Heterodox economics differs from orthodox or mainstream economics. It draws on a multiplicity of ideas, disciplines, methods and voices to present a more radical alternative to the dominant paradigm of neoclassical economics, which is viewed as overly narrow and unable to explain how economies actually work. 

This panel, part of the economics seminar series at The Open University, will launch and discuss Andrew Trigg’s new paperback book, Heterodox Economics. Andrew traces the heterodox tradition from its origins in the anti-capitalism ideas of the first half of the nineteenth century, through to Keynes and the present day. He shows the plurality of ideas which inform its history – including decolonialization, feminism and environmental thought – and the methodological challenge they present to mainstream economics. The book also considers the prospects for heterodox economics and whether it will continue to remain outside the citadel.

Book details: Heterodox Economics 

Registration details - coming soon

Speakers

Susan Newman is Professor of Economics at The Open University since 2020, with previous senior academic roles at the University of the West of England and the Institute of Social Studies, Rotterdam. Her background includes industrial policy research in South Africa and a PhD in Economics from SOAS University of London after first completing an MSci in Physics at University of Bristol.

Andrew Trigg is Professor of Economics at The Open University in the UK, and recently Visiting Professor at the University of Modena and Reggio Emilia, Italy. Andrew has co-authored and edited a string of Open University textbooks that promote economic pluralism. His core research agenda is to develop an open analytic approach to different strands of political economy: with his Routledge monograph, Marxian Reproduction Schema: Money and Aggregate Demand in a Capitalist Economy (2006), and Four Layers of Capitalism: Theory and Critique of Classical Political Economy (forthcoming with Cambridge University Press). He has been a founding member and first official co-ordinator of the Association for Heterodox Economics, which this year celebrates its 28^th anniversary.

Sonal Raghuvanshi is a Senior Economist at Rethinking Economics International and has been part of the steering team of the New Political Economy Initiative at Indian Institute of Technology Bombay. Her research focuses on the political economy of development policy, especially as it relates to international financial institutions, macroeconomic policies in developing economies, and questions of structural transformation. 

Danielle Guizzo is Associate Professor at the School of Economics and a researcher at the Centre for Higher Education Transformations (CHET) at the University of Bristol, UK. She was the 2024 recipient of the Clarence E. Ayres Scholar prize, awarded by the Association for Evolutionary Economics (AFEE). Danielle’s research expertise lies at the intersection between the history of economics, economic sociology, and political economy, working on themes related to higher education, social policy, economic expertise, and pluralism. 

She holds a PhD in Economics & Public Policy from the Federal University of Paraná, Brazil (2016), and previously held positions at the University of the West of England (2016-2020), and the State University of Santa Catarina (2012-2015). Danielle is currently the elected President of the Association for Evolutionary Economics (AFEE), and an editorial board member of Journal of Economic Issues and Review of Political Economy.

Stephen T. Ziliak is Professor of Economics and Faculty Member of the Social Justice Studies Program at Roosevelt University in Chicago; Faculty Affiliate in the Graduate College of Colorado State University; and occasional consultant for the Angiogenesis Foundation (Cambridge, MA). Economist, historian, statistician, and PhD-trained rhetorician, Professor Ziliak is probably best known for his critically acclaimed book (with D.N. McCloskey), The Cult of Statistical Significance (2008), a foundational text for the reform of testing and estimation in economics, medicine, and other sciences. Ziliak has been an outspoken advocate of heterodox economics for nearly 30 years, delivering keynotes at AHE, ICAPE, and ASE conferences, amongst many others, and contributing to several books on the future of heterodox economics. Since 2023 he has served as Consulting Editor for Ethics and Quantitative Methods at the Journal of Business Ethics.