Thomas E Weisskopf
Biographic Data
| ID | 266178 |
|---|---|
| NAME | Thomas E Weisskopf |
| GIVEN NAMES | Thomas E |
| FAMILY NAME | Weisskopf |
| SIGNATURE | WEISSKOPF T E |
| AFFILIATIONS | University of Michigan |
| VERIFIED | No |
| TOTAL WORKS | 28 |
| TOTAL CITATIONS | 40 |
| AUTHOR COUNT | 28 |
| EDITOR COUNT | 1 |
| FIRST PUBLICATION YEAR | 1972 |
| LATEST PUBLICATION YEAR | 2024 |
| H-INDEX | 4 |
My Tribute to Herb Gintis
This is a tribute to Professor Herbert Gintis, a highly original social scientist who passed away in January 2023. Professor Gintis—often together with his lifelong friend and colleague Professor Samuel Bowles—authored numerous pathbreaking articles and books that have contributed greatly to our understanding of human behavior under various social, political, and economic conditions. JEL Classification: B3, B5
A Democratic Economic Policy
The development of a democratic and egalitarian alternative is long overdue. This chapter outlines the basic objectives and underlying logic. It examines the manner in which a democratic program would address the macroeconomic issues of deficits, productivity growth, and investment. The chapter considers how to overcome some potential barriers to the implementation of a democratic economics in the United States. A democratic economics seeks susta…
Affirmative Action and Productivity in the Indian Railways
Critics of affirmative action policies often claim that increasing the representation of members of marginalized communities in jobs comes at the cost of reduced productive efficiency. This paper reports on a systematic empirical analysis of productivity in the Indian Railways - the world's largest employer subject to affirmative action - in which we examined whether or not higher proportions of affirmative action beneficiaries in employment redu…
Reflections on 50 Years of Radical Political Economy
I examine first how radical political economy (RPE) has evolved over the last five decades, as the overall political climate in the United States has shifted increasingly to the right. I explore how this political shift, as well as new developments within mainstream economics, have altered the focus of much of RPE and the activities of many of its practitioners. I then offer suggestions to radical political economists as to the future orientation…
Does Affirmative Action Reduce Productivity? A Case Study of the Indian Railways
Who Is Eligible? Should Affirmative Action be Group- or Class-Based
We explore the consequences for eligibility of members of subaltern groups for affirmative action (AA), when AA policies are based on social class criteria rather than on group affiliation (race, ethnicity, or gender), by means of a general model with simplifying assumptions. The model is developed first for the case where everyone eligible for AA becomes a beneficiary, and then for the case where beneficiaries are only those eligibles who are ab…
Affirmative Action in the United States and India
Introduction Part 1: The Differing Contexts and Potential Conseqences of Positive Discrimination in the United States and India 1. On the Origins and Nature of Positive Discrimination Policies in the United States and India 2. The Debate of Positive Discrimination in the United States and in India 3. The Potential Benefits and Costs of Positive Discrimination 4. A Theoretical Analysis of the Consequences of Positive Discrimination Policies 5. The…
Economics and Social Justice
Power, Accumulation, and Crisis
David M. Gordon
Journal Article David M. Gordon: Economist and Public Intellectual (1944–1996) Get access Samuel Bowles, Samuel Bowles University of Massachusetts Search for other works by this author on: Oxford Academic Google Scholar Thomas Weisskopf Thomas Weisskopf University of Michigan Search for other works by this author on: Oxford Academic Google Scholar The Economic Journal, Volume 108, Issue 446, 1 January 1998, Pages 153–164, https://doi.org/10.1111/…
After the Waste Land
This critique of Reaganomics attempts to provide alternatives to both the supply experiments of the 1980s and neoliberal strategies of austerity. It presents arguments for economic democracy with a worker-oriented blueprint for improving productivity, growth, employment and economic justice.
Social Institutions, Interests, and the Empirical Analysis of Accumulation
It is a pleasure to respond to Bruce Norton's insightful and generous review of our work on the social structure of accumulation (SSA). The intelligence and collegiality with which he has pursued his critique is a welcome relief from the disinformation and acrimony which sometimes mark these exchanges. We will first review the general objectives of our continuing work, then consider some major issues raised by Norton-what he terms the 'tension in…
Marxian Crisis Theory and the Contradictions of Late Twentieth-Century Capitalism
The Worker Discipline Effect
The authors test for the presence of a "worker discipline effect, " wherein macroeconomic conditions influence worker effort, and examine interindustry variation in its strength. An employment function analysis is first used to find evidence of a worker discipline effect in the majority of U.S. three-digit manufacturing industries. A factor analysis of industry, firm, and labor market characteristics is then used to identify several underlying fa…
Business Ascendancy and Economic Impasse
Conservatives have been waging economic revolution since the late Carter years. Have they succeeded? Ronald Reagan and the early architects sought their place in the history books as institutional innovators, not economic tinkerers. Viewed in this perspective, the conservative economic agenda has sought-and is often recognized as an attempt-to change the rules of the game. One might therefore properly ask: Did conservative economic leadership und…
Social Institutions, Interests, and the Empirical Analysis of Accumulation
It is a pleasure to respond to Bruce Norton's insightful and generous review of our work on the social structure of accumulation (SSA). The intelligence and collegiality with which he has pursued his critique is a welcome relief from the disinformation and acrimony which sometimes mark these exchanges. We will first review the general objectives of our continuing work, then consider some major issues raised by Norton-what he terms the 'tension in…
Power and Profits
This paper seeks to explain trends in United States corporate profitability since World War II through an analysis of the rise and subsequent demise of a postwar social structure of accumulation (SSA). Building from a formal model of the determinants of profitability, we provide econometric support for the hypothesis that variations in profitability can be explained to a large extent by variations in quantitative indicators of capitalist power in…
The Capitalist System
Two Views of Capitalist Stagnation
this: capitalist economic crisis may occur either because the capitalist class is or because it is weak.1 When the capitalist class is too strong it shifts the income distribution in its favor, reducing the ratio of working-class consumption to national income and rendering the economy prone to crises of underconsumption or in more contemporary Keynesian terms a failure of aggregate demand. When the capitalist class is too weak, the working class…
Hearts and Minds
Thomas E. Weisskopf, Samuel Bowles, David M. Gordon, Martin Neil Baily, Albert Rees, Hearts and Minds: A Social Model of U.S. Productivity Growth, Brookings Papers on Economic Activity, Vol. 1983, No. 2 (1983), pp. 381-450
Commentary
Robert Boyer is one of a group of contemporary French political economists ( including inter allia Michael Aglietta, Alain Lipietz, and Jacques Mistral) who have enriched our understanding of the postwar experience of the advanced capitalist economies on both a theoretical and an empirical level. Their theoretical contributions are grounded in the concept of a “mode of regulation”, with which they characterize the institutional framework that sha…
Beyond the Waste Land
The Capitalist System
Marxian crisis theory and the rate of profit in the postwar U.S. economy
Thomas E. Weisskopf; Marxian crisis theory and the rate of profit in the postwar U.S. economy, Cambridge Journal of Economics, Volume 3, Issue 4, 1 December 197
The persistence of poverty in India
Recent events in India, culminating with the declaration of a “state of emergency” by Prime Minister Indira Gandhi in June 1975 and the subsequent suspension of many of the civil rights previously maintained under the Indian system of parliamentary democracy, have focused renewed attention on India's massive economic problems. Increasing popular unrest over the slow pace of economic progress undoubtedly played a role in fueling the rise of the lo…
Beyond the Waste Land
Two Views of Capitalist Stagnation
this: capitalist economic crisis may occur either because the capitalist class is or because it is weak.1 When the capitalist class is too strong it shifts the income distribution in its favor, reducing the ratio of working-class consumption to national income and rendering the economy prone to crises of underconsumption or in more contemporary Keynesian terms a failure of aggregate demand. When the capitalist class is too weak, the working class…
Does Affirmative Action Reduce Productivity? A Case Study of the Indian Railways
Business Ascendancy and Economic Impasse
Conservatives have been waging economic revolution since the late Carter years. Have they succeeded? Ronald Reagan and the early architects sought their place in the history books as institutional innovators, not economic tinkerers. Viewed in this perspective, the conservative economic agenda has sought-and is often recognized as an attempt-to change the rules of the game. One might therefore properly ask: Did conservative economic leadership und…
Social Institutions, Interests, and the Empirical Analysis of Accumulation
It is a pleasure to respond to Bruce Norton's insightful and generous review of our work on the social structure of accumulation (SSA). The intelligence and collegiality with which he has pursued his critique is a welcome relief from the disinformation and acrimony which sometimes mark these exchanges. We will first review the general objectives of our continuing work, then consider some major issues raised by Norton-what he terms the 'tension in…
Who Is Eligible? Should Affirmative Action be Group- or Class-Based
We explore the consequences for eligibility of members of subaltern groups for affirmative action (AA), when AA policies are based on social class criteria rather than on group affiliation (race, ethnicity, or gender), by means of a general model with simplifying assumptions. The model is developed first for the case where everyone eligible for AA becomes a beneficiary, and then for the case where beneficiaries are only those eligibles who are ab…
The persistence of poverty in India
Recent events in India, culminating with the declaration of a “state of emergency” by Prime Minister Indira Gandhi in June 1975 and the subsequent suspension of many of the civil rights previously maintained under the Indian system of parliamentary democracy, have focused renewed attention on India's massive economic problems. Increasing popular unrest over the slow pace of economic progress undoubtedly played a role in fueling the rise of the lo…
Marxian Crisis Theory and the Contradictions of Late Twentieth-Century Capitalism
The impact of foreign capital inflow on domestic savings in underdeveloped countries
An Econometric Test of Alternative Constraints on the Growth of Underdeveloped Countries
T HE of the role of foreign assistance in economic development in terms of two gaps a savings gap and a trade gap has by now become quite commonplace among development economists.' The basic notion underlying analysis is that there are at least two independent resource constraints on the growth of an underdeveloped economy. The first of these is the savings constraint: the growth of the economy is limited by the availability of savings for invest…
Up Against the American Myth
An Econometric Test of Alternative Constraints on the Growth of of Underdeveloped Countries
Thomas E. Weisskopf, An Econometric Test of Alternative Constraints on the Growth of of Underdeveloped Countries: A Comment: Reply, The Review of Economics and Statistics, Vol. 55, No. 1 (Feb., 1973), pp. 133-134
The persistence of poverty in India
Recent events in India, culminating with the declaration of a “state of emergency” by Prime Minister Indira Gandhi in June 1975 and the subsequent suspension of many of the civil rights previously maintained under the Indian system of parliamentary democracy, have focused renewed attention on India's massive economic problems. Increasing popular unrest over the slow pace of economic progress undoubtedly played a role in fueling the rise of the lo…
Marxian crisis theory and the rate of profit in the postwar U.S. economy
Thomas E. Weisskopf; Marxian crisis theory and the rate of profit in the postwar U.S. economy, Cambridge Journal of Economics, Volume 3, Issue 4, 1 December 197
The Capitalist System
Hearts and Minds
Thomas E. Weisskopf, Samuel Bowles, David M. Gordon, Martin Neil Baily, Albert Rees, Hearts and Minds: A Social Model of U.S. Productivity Growth, Brookings Papers on Economic Activity, Vol. 1983, No. 2 (1983), pp. 381-450
Commentary
Robert Boyer is one of a group of contemporary French political economists ( including inter allia Michael Aglietta, Alain Lipietz, and Jacques Mistral) who have enriched our understanding of the postwar experience of the advanced capitalist economies on both a theoretical and an empirical level. Their theoretical contributions are grounded in the concept of a “mode of regulation”, with which they characterize the institutional framework that sha…
Beyond the Waste Land
Two Views of Capitalist Stagnation
this: capitalist economic crisis may occur either because the capitalist class is or because it is weak.1 When the capitalist class is too strong it shifts the income distribution in its favor, reducing the ratio of working-class consumption to national income and rendering the economy prone to crises of underconsumption or in more contemporary Keynesian terms a failure of aggregate demand. When the capitalist class is too weak, the working class…
Power and Profits
This paper seeks to explain trends in United States corporate profitability since World War II through an analysis of the rise and subsequent demise of a postwar social structure of accumulation (SSA). Building from a formal model of the determinants of profitability, we provide econometric support for the hypothesis that variations in profitability can be explained to a large extent by variations in quantitative indicators of capitalist power in…
The Capitalist System
Social Institutions, Interests, and the Empirical Analysis of Accumulation
It is a pleasure to respond to Bruce Norton's insightful and generous review of our work on the social structure of accumulation (SSA). The intelligence and collegiality with which he has pursued his critique is a welcome relief from the disinformation and acrimony which sometimes mark these exchanges. We will first review the general objectives of our continuing work, then consider some major issues raised by Norton-what he terms the 'tension in…
Business Ascendancy and Economic Impasse
Conservatives have been waging economic revolution since the late Carter years. Have they succeeded? Ronald Reagan and the early architects sought their place in the history books as institutional innovators, not economic tinkerers. Viewed in this perspective, the conservative economic agenda has sought-and is often recognized as an attempt-to change the rules of the game. One might therefore properly ask: Did conservative economic leadership und…
The Worker Discipline Effect
The authors test for the presence of a "worker discipline effect, " wherein macroeconomic conditions influence worker effort, and examine interindustry variation in its strength. An employment function analysis is first used to find evidence of a worker discipline effect in the majority of U.S. three-digit manufacturing industries. A factor analysis of industry, firm, and labor market characteristics is then used to identify several underlying fa…
Social Institutions, Interests, and the Empirical Analysis of Accumulation
It is a pleasure to respond to Bruce Norton's insightful and generous review of our work on the social structure of accumulation (SSA). The intelligence and collegiality with which he has pursued his critique is a welcome relief from the disinformation and acrimony which sometimes mark these exchanges. We will first review the general objectives of our continuing work, then consider some major issues raised by Norton-what he terms the 'tension in…
Marxian Crisis Theory and the Contradictions of Late Twentieth-Century Capitalism
After the Waste Land
This critique of Reaganomics attempts to provide alternatives to both the supply experiments of the 1980s and neoliberal strategies of austerity. It presents arguments for economic democracy with a worker-oriented blueprint for improving productivity, growth, employment and economic justice.
Economics and Social Justice
Power, Accumulation, and Crisis
David M. Gordon
Journal Article David M. Gordon: Economist and Public Intellectual (1944–1996) Get access Samuel Bowles, Samuel Bowles University of Massachusetts Search for other works by this author on: Oxford Academic Google Scholar Thomas Weisskopf Thomas Weisskopf University of Michigan Search for other works by this author on: Oxford Academic Google Scholar The Economic Journal, Volume 108, Issue 446, 1 January 1998, Pages 153–164, https://doi.org/10.1111/…
Affirmative Action in the United States and India
Introduction Part 1: The Differing Contexts and Potential Conseqences of Positive Discrimination in the United States and India 1. On the Origins and Nature of Positive Discrimination Policies in the United States and India 2. The Debate of Positive Discrimination in the United States and in India 3. The Potential Benefits and Costs of Positive Discrimination 4. A Theoretical Analysis of the Consequences of Positive Discrimination Policies 5. The…
Who Is Eligible? Should Affirmative Action be Group- or Class-Based
We explore the consequences for eligibility of members of subaltern groups for affirmative action (AA), when AA policies are based on social class criteria rather than on group affiliation (race, ethnicity, or gender), by means of a general model with simplifying assumptions. The model is developed first for the case where everyone eligible for AA becomes a beneficiary, and then for the case where beneficiaries are only those eligibles who are ab…
Reflections on 50 Years of Radical Political Economy
I examine first how radical political economy (RPE) has evolved over the last five decades, as the overall political climate in the United States has shifted increasingly to the right. I explore how this political shift, as well as new developments within mainstream economics, have altered the focus of much of RPE and the activities of many of its practitioners. I then offer suggestions to radical political economists as to the future orientation…
Economics (21 works) · Political science (21 works) · Law (16 works) · Political Economy and Marxism (13 works) · Economic Theory and Policy (11 works) · Politics (11 works) · Sociology (11 works) · Law (8 works) · Economic Theory and Institutions (7 works) · Neoclassical economics (7 works)