Anwar Shaikh Publications

Date Topic Title
2016 Inequality Income Distribution, Econophysics and Piketty Review of Political Economy, forthcoming Fall 2016, Anwar Shaikh [Download .pdf 601kb]
2014 International Trade Absolute Cost Differences and Persistent Trade Imbalances: The Harrodian Adjustment Process, in Pensamiento Economico y Cambio Social: Homenaje a Javier Iguiniz, Fondo Editorial, PontificaUniversidad Catolica del Peru [Download PDF 11.6MB]
2014 Political Economy Translation of The First Great Depression of the 21st Century, Contemporary Economic Research, China [Download PDF 2.1MB]
2014 Inequality Race, gender and the econophysics of income distribution in the USA, with Nikolaos Papanikolaou and Noe Wiener, Physica A 415 (2014) 54-60 [Download PDF 2.1MB]
2013 Finance On the role of reflexivity in economic analysis, Journal of Economic Methodology, 20:4, 439-445 [Download PDF 2.1MB]
2013 Political Economy Heterodox Economics as a True Alternative: Going Beyond the Opposition Between "Perfect" and "Imperfect" Behaviors, New School Economic Review, Volume 6, pp. 36-39: January [Download PDF 2.1MB]
2013 Macroeconomics Wages, Unemployment and Social Structure: A New Phillips Curve, G. & L. E. R., Vol. 17 No. 2 [Download PDF 2.1MB]
2012 Microeconomics Rethinking Microeconomics: A Proposed Reconstruction New School for Social Research Department of Economics, Working Paper No. 06/2012.[Download PDF 2.1MB]
2012 International Trade Competition Matters: China's Exchange Rate and Balance of TradeThe Forum, Summer 2012. [Download PDF 120KB] [Spanish Translation PDF 241KB]
2012 International Trade

Explaining Long Term Exchange Rate Behavior in the United States and Japan with Rania Antonopoulos, forthcoming in Alternative Theories of Competition: Challenges to the Orthodoxy, Jamee Moudud, Cyrus Bina, and Patrick L. Mason (eds.), Routledge, Abingdon. [Download PDF 860KB]

An extension of an earlier version of this work by Francisco A. Martinez-Hernandez in Investigacion Economica [Download PDF 810KB].

2012 Competition The Empirical Linearity of Sraffa's Critical Output-Capital Ratiosin Classical Political Economy and Modern Theory: Essays in Honour of Heinz Kurz, Christian Gehrke, Neri Salvadori, Ian Steedman, and Richard Sturn (eds.). Routledge, Abingdon. [Download PDF 468KB]
2011 Macroeconomics Three Balances and Twin-Deficits: Godley versus Ruggles and RugglesForthcoming in Contributions in Stock-flow Modeling: Essays in Honor of Wynne Godley, Dimirti B. Papadimitriou and Gennaro Zezza (eds.). Palgrave Macmillan, New York, NY. [Download PDF 730KB]
2011 Inequality An International Comparison of the Incomes of the Vast Majority with Amr Ragab. [Download PDF 514KB] An ECLAC paper featuring the Income of the Vast Majority measure by Martin Abeles, Pascual Gerstenfeld, and Daniel Verga: PDF.
2010 Political Economy The First Great Depression of the 21st Century Socialist Register, 2011. [Download PDF 1.7MB] [Spanish Translation PDF 902KB] [Chinese Translation PDF 967KB]
Translation of The First Great Depression of the 21st Century, Contemporary Economic Research, China Download PDF 2.1MB]
2010 Finance Reflexivity, Path-Dependence and Disequilibrium Dynamics Journal of Post Keynesian Economics, Vol. 33, No. 1. [Download PDF 828KB] [Errata PDF 51KB]
2010 Macroeconomics Errata Reflexivity, Path-Dependence and Disequilibrium Dynamics[ Download Errata PDF 51 KB]
2009 Macroeconomics Economic Policy in a Growth Context: A Classical Synthesis of Keynes and Harrod Metroeconomica, Vol. 60, No. 3. [Download PDF1.93MB]
2008 Competition Competition and Industrial Rates of Returnin Issues in Finance and Industry: Essays in Honour of Ajit Singh, Philip Arestis and John Eatwell (eds.). Palgrave Macmillan, New York, NY. [Download PDF 857KB]
2007 International Trade Globalization and the Myths of Free Trade: History, theory, and empirical evidence Routledge Frontiers of Political Economy, Routledge, New York, NY. Introduction [Download PDF 1.1MB]; Globalization and the Myth of Free Trade [Download PDF 1.1MB] [Spanish Translation PDF 204KB]
2007 Macroeconomics A Synthesis of Keynesian and Classical Growth Theory [Download PDF 66KB]
2005 Aggregate Production Functions Nonlinear Dynamics and Pseudo-Production Functions The Eastern Economics Journal, Special Issue on Production Functions. [Download PDF 239KB]
2005 Macroeconomics How Fragile is the U.S. Economy? Dimitri Papadimitriou, with Anwar Shaikh, Claudio dos Santos, and Gennaro Zezza, Strategic Analysis, The Levy Economics Institute of Bard College. [Download PDF 728KB]
2005 Macroeconomics The Economic Consequences of Mr. Bush: The Bush Agenda A Panel Discussion, with Darrick Hamilton and Jeff Madrick, Challenge, The Magazine of Economic Affairs, January-February, 2005. [Download PDF 1.3MB]
2004 Capacity Utilization Measuring Capacity Utilization in OECD Countries: A Cointegration Method with Jamee Moudud, Working Paper No. 415, The Jerome Levy Economics Institute of Bard College. [Download PDF 472KB]
2004 Political Economy The Power of Profit Social Research, Vol. 71, No. 3. [Download PDF 156KB]
2004 International Trade The Economic Mythology of Neoliberalismin Neo-Liberalism: A Critical Reader, Alfredo Saad-Filho (ed.), Pluto Press, London. [Download PDF 2.3MB] [Norwegian Translation PDF 193KB]
2004 Macroeconomics Is Deficit-Financed Growth Limited? Policies and Prospects in an Election Year with Dmitri Papadimitriou, Claudio dos Santos and Gennaro Zezza, Strategic Analysis, The Levy Economics Institute of Bard College. [Download PDF 728KB]
2003 Welfare State

Who Pays for the ""Welfare"" in the Welfare State? A Multicountry StudySocial Research, Vol. 70, No. 2. [Download PDF 132KB]

Press coverage for the book Who Pays for the Welfare State in Portugal? edited by Raquel Varela, which features this paper: Interview on TVI; Interview on no Inferno; Article in Jornal de Noticias; Article in Expresso.

Another article in which Raquel Varela refers to this piece: Article in Publico.

2003 Macroeconomics Deficits, Debts and Growth: A Reprieve but not a Pardon with Dimitri Papadimitriou, Claudio dos Santos, and Gennaro Zezza, Strategic Analysis, The Levy Economics Institute of Bard College. [Download PDF 728KB]
2003 National Accounts Measures of the Real GDP of U.S. Trading Partners: Methodology and Results with Claudio dos Santos, and Gennaro Zezza, Working Paper No. 387, The Jerome Levy Economics Institute of Bard College. [Download PDF 4.9MB]
2003 Macroeconomics Is International Growth the Way Out of U.S. Current Account Deficits? A Note of Caution with Claudio dos Santos and Gennaro Zezza, Policy Note 2003/6, The Levy Economics Institute of Bard College. [Download PDF 728KB]
2003 Macroeconomics Labor Market Dynamics within Rival Macroeconomic Frameworksin Growth, Distribution and Effective Demand: Alternatives to Economic Orthodoxy, George Argyrous, Gary Mongiovi, Mathew Forstater, (eds.), M.E. Sharpe, Armonk, NY: pp127-143. [Download PDF 225KB]
2002 International Trade Productivity, Capital Flows, and the Decline of the Canadian Dollar: An Alternate Approach[Download PDF 109KB]
2002 Macroeconomics Is Personal Debt Sustainable? with Dimitri Papadimitriou, Claudio dos Santos, and Gennaro Zezza, Strategic Analysis, November, 2002, The Levy Economics Institute of Bard College. [Download PDF 1.5MB]
2002 Macroeconomics An Important Inconsistency at the Heart of the Standard Macroeconomic Model. with Wynne Godley, Journal of Post Keynesian Economics, Vol. 24, No. 3. [Download PDF 216KB]
2002 Welfare State The Rise and Fall of the U.S. Welfare State with E. Ahmet Tonak, in Political Economy and Contemporary Capitalism, Ron Baiman, Heather Boushey, and Dawn Saunders, (eds.), M.E. Sharpe, Armonk, New York. [Download PDF 7.6MB]
2000 International Trade Explaining the U.S. Trade Deficit Policy Note 2000/1, The Levy Economics Institute of Bard College. [Download PDF 96KB]
1999 International Trade Understanding the U.S. Trade Deficit Testimony before the Trade Deficit Review Commission, Washington, D.C. December, 1999. [Download PDF 92KB]
1999 Macroeconomics Explaining Inflation and Unemployment: An Alternative to Neoliberal Economic Theoryin Contemporary Economic Theory, Andriana Vachlou (ed.), Macmillan, London. [Download PDF 297KB] [Spanish Translation PDF 704KB]
1999 Political Economy Explaining the Global Economic Crisis: A Critique of Brenner Historical Materialism, No. 5. [Download PDF 2.4MB]
1999 International Trade Real Exchange Rates and the International Mobility of Capital Working Paper No. 265, The Jerome Levy Economics Institute of Bard College. [Download PDF 400KB] [Spanish Translation PDF 1MB]
1998 Political Economy The Empirical Strength of the Labor Theory of Valuein Conference Proceedings of Marxian Economics: A Centenary Appraisal, Riccardo Bellofiore (ed.), Macmillan, London. [Download PDF 584KB]
1998 Finance The Stock Market and the Corporate Sector: A Profit-Based Approachin Markets, Unemployment and Economic Policy: Essays in Honour of Geoff Harcourt, Volume Two, Malcolm Sawyer, Philip Arestis, and Gabriel Palma (eds.), Routledge, London. [Download PDF 1.1MB]
1995 International Trade Free Trade, Unemployment and Economic Policy in Global Unemployment, John Eatwell (ed.), M.E. Sharpe, Armonk, New York. [Download PDF 815KB]
1994 National Accounts

Measuring the Wealth of Nations: The Political Economy of National Accounts co-authored with E. Ahmet Tonak, Cambridge University Press. [Download Ch. 1 PDF 140KB]

A review of this book by Fred Moseley published in the Journal of Economic Literature [Download PDF 1MB].

Another review in Radical Statistics by Andrew Philpott Morgan [Download PDF 597KB].

Two reviews of this book in Turkish [Download JPG 461KB][Download PDF 75KB or visit URL]

1992 Macroeconomics Wandering Around the Warranted Path: Dynamic Nonlinear Solutions to the Harrodian Knife-Edgein Kaldor and Mainstream Economics: Confrontation or Convergence? (Festschrift for Nicolas Kaldor), Edward J. Nell and Willi Semmler, The Macmillan Press Ltd. [Download PDF 316KB]
1992 Political Economy The Falling Rate of Profit as the Cause of Long Waves: Theory and Empirical Evidence in New Findings in Long Wave Research, Alfred Kleinknecht, Ernest Mandel, and Immanuel Wallerstein (eds.), Macmillan Press, London. [Download PDF 7.3MB] [Spanish Translation PDF 1MB]
1992 Political Economy Values and Value Transfers: A Comment on Itohin Radical Economics, Bruce Roberts and Susan Feiner (eds.), Kluwer Academic Publishers, Boston. [Download PDF 2.64MB]
1992 Macroeconomics A Dynamic Approach to the Theory of Effective Demandin Profits, Deficits and Instability, D. Papadimitriou (ed.), The Macmillan Press Ltd., London. [Download PDF 454KB]
1991 International Trade Competition and Exchange Rates: Theory and Empirical Evidence [Download PDF92KB]
1990 Political Economy Valor, Accumulacion y Crisis: Ensayos de Economica Politica Tercer Mundo Editores, Bogota, Colombia. [Download Book 17.4MB]
1989 Political Economy The Current Economic Crisis: Causes and Implications Prepared for the Labor Notes Conference, Detroit, and in Against the Current. [Download PDF 4.1MB] [Spanish Translation PDF 956KB]
1989 Macroeconomics Accumulation, Finance, and Effective Demand in Marx, Keynes, and Kalecki in Financial Dynamics and Business Cycles: New Prospects, Willi Semmler, (ed.), M.E. Sharpe, Armonk, New York. [Download PDF 1.7MB ]
1987 Welfare State The Welfare State and the Myth of the Social Wagewith E. Ahmet Tonak, in The Imperiled Economy, Book I, Union for Radical Political Economy, Robert Cherry, et al. [Download PDF 5.1MB]
1987 Political Economy The Falling Rate of Profit and the Economic Crisis in the U.S. in The Imperiled Economy, Book I, Union for Radical Political Economy, Robert Cherry, et al. [Download PDF 5.5MB]
1986 Political Economy Abstract and Concrete Labor in The New Palgrave: A Dictionary of Economic Theory and Doctrine, John Eatwell, Murray Milgate, and Peter Newman (eds.), The Macmillan Press Lts., London. [Download PDF 1.1MB]
1986 Political Economy Capital as a Social Relation in The New Palgrave: A Dictionary of Economic Theory and Doctrine, John Eatwell, Murray Milgate, and Peter Newman (eds.), The Macmillan Press Lts., London. [Download PDF 137KB]
1986 Political Economy Exploitation in The New Palgrave: A Dictionary of Economic Theory and Doctrine, John Eatwell, Murray Milgate, and Peter Newman (eds.), The Macmillan Press Lts., London. [Download PDF 94KB]
1986 Aggregate Production Functions Humbug Production Function in The New Palgrave: A Dictionary of Economic Theory and Doctrine, John Eatwell, Murray Milgate, and Peter Newman (eds.), The Macmillan Press Lts., London. [Download PDF 133KB]
1986 Political Economy Market Value and Market Prices in The New Palgrave: A Dictionary of Economic Theory and Doctrine, John Eatwell, Murray Milgate, and Peter Newman (eds.), The Macmillan Press Lts., London. [Download PDF 101KB]
1986 Political Economy Organic Composition of Capital in The New Palgrave: A Dictionary of Economic Theory and Doctrine, John Eatwell, Murray Milgate, and Peter Newman (eds.), The Macmillan Press Lts., London. [Download PDF 100KB]
1986 Political Economy Surplus Value in The New Palgrave: A Dictionary of Economic Theory and Doctrine, John Eatwell, Murray Milgate, and Peter Newman (eds.), The Macmillan Press Lts., London. [Download PDF 99KB]
1984 Political Economy  The Transformation from Marx to Sraffa in Ricardo, Marx, Sraffa, The Langston Memorial Volume, Ernest Mandel, and Alan Freeman (eds.). [Download PDF 1.36MB]
1983 Political Economy Concentration and Centralization of Capital in A Dictionary of Marxist Thought, Tom Bottomore (ed.), Basil Blackwell, Oxford. [[Download PDF 397KB]
1983 Political Economy Economic Crises in A Dictionary of Marxist Thought, Tom Bottomore (ed.), Basil Blackwell, Oxford. [Download PDF 1.14MB]
1983 Political Economy Pauperization in A Dictionary of Marxist Thought, Tom Bottomore (ed.), Basil Blackwell, Oxford. [Download PDF 1MB]
1983 Political Economy Reserve Army of Labour in A Dictionary of Marxist Thought, Tom Bottomore (ed.), Basil Blackwell, Oxford. [Download PDF 974KB]
1983 Political Economy Falling Rate of Profit in A Dictionary of Marxist Thought, Tom Bottomore (ed.), Basil Blackwell, Oxford. [Download PDF 560KB]
1982 Political Economy Neo-Ricardian Economics: A Wealth of Algebra, A Poverty of Theory The Review of Radical Political Economics, 14(2). [Download PDF 10.9MB]
1981 Political Economy The Poverty of Algebra in The Value Controversy, New Left Books and Verso, London. [Download PDF 1.12MB] [Chinese Translation PDF 6.8MB]
1980 Aggregate Production Functions Laws of Production and Laws of Algebra-Humbug II in Growth, Profits and Property, Edward J. Nell (ed.), Cambridge University Press, Cambridge. [Download PDF 805KB]
1980 Competition

Marxian Competition Versus Perfect Competition:
Further Comments on the So-Called Choice of Technique
The Cambridge Journal of Economics, No.4. [Download PDF 496KB]

This article is a response to comments on an earlier work, "Political Economy and Capitalism: Notes on Dobb's Theory of Crisis" (1978): [Download PDF 1MB]

 
1980 International Trade On the Laws of International Exchange in Growth, Profits and Property, Edward J. Nell (ed.), Cambridge University Press, Cambridge. [Download PDF 1040KB]
1980 International Trade Foreign Trade and the Law of Value, Parts I and II [Download Part I PDF 1200KB | Download Part II PDF 519KB  | Download Part II Appendix 128KB]
1978 Political Economy An Introduction to the History of Crisis Theories in U.S. Capitalism in Crisis, U.R.P.E., New York. [Download PDF1.4MB] [Norwegian Translation PDF 351KB] [Portuguese Translation PDF 2MB]
1978 Political Economy

Political Economy and Capitalism: Notes on Dobb's Theory of Crisis Cambridge Journal of Economics, No.2. [Download PDF 1MB]

For my response to comments, please see "Marxian Competition Versus Perfect Competition" (1980): [Download PDF 496KB]

1977 Political Economy

Marx's Theory of Value and the Transformation Problem in The Subtle Anatomy of Capitalism, Jesse Schwartz (ed.), Goodyear Publishing Co. [Download PDF 14.9 MB]

Addendum: Mathematical Appendix: [Download PDF 548KB] [Chinese Translation PDF 972KB].

1974 Aggregate Production Functions

Laws of Production and Laws of Algebra:The Humbug Production Function(1974) The Review of Economics and Statistics, Volume 56(1), February 1974, p. 115-120. [Download PDF 873KB] [Spanish Translation PDF 416KB] [Turkish Translation PDF 386KB]

For Robert Solow's rejoinder, click here.

For my responses to Robert Solow's rejoinder, please see "Laws of Production and Laws of Algebra: Humbug II" (1980): [Download PDF 805KB] and "Nonlinear Dynamics and Pseudo-Production Functions" (2005): [Download PDF 239KB]

1973 International Trade The Intelligent Reader's Guide to the International Monetary Muddle Challenge:The Magazine of Economic Affairs, Vol 16 No.1. [Download PDF 308KB]
1973 Political Economy Dissertation: Theories of Value and Theories of Distribution Columbia University. [Download PDF 18.7MB]